Letter Agreement dated August 31, 2015 between the Registrant and a former directorLetter Agreement • November 9th, 2015 • Overseas Shipholding Group Inc • Deep sea foreign transportation of freight • New York
The purpose of this letter agreement (this “Agreement”) is to acknowledge and set forth terms and conditions of our retention of Mr. Nikolaus D. Semaca (“Consultant”), as a consultant to Overseas Shipholding Group, Inc., a corporation incorporated under the laws of Delaware with its principal office at 1301 Avenue of the Americas, New York, New York 10019 (the “Company”) following your retirement from OSG’s Board of Directors on August 3, 2015 (the “Retirement Date”).
