0001171200-14-000024 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • April 2nd, 2014 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York

This Registration Rights Agreement (this “Agreement”), is made and entered into as of December 11, 2013, by and among Scorpio Bulkers Inc., a corporation formed under the laws of the Republic of the Marshall Islands (the “Company”), and Galahad Securities Limited, a limited liability company incorporated in the British Virgin Islands (the “Investor” and, together with any permitted transferee or assignee under Section 15 of this Agreement, the “Investors”).

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