0001193125-06-084400 Sample Contracts

SHARE SALE AND PURCHASE AGREEMENT RELATING TO OPTIMA MARITIME SA
Share Sale and Purchase Agreement • April 20th, 2006 • Tsakos Energy Navigation LTD • Deep sea foreign transportation of freight • England and Wales
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Dated: 4th January, 2006 Norwegian Shipbroker Association’s Memo- randum of Agreement for sale and purchase of ships. Adopted by The Baltic and International Maritime Council (BIMCO) in 1956. Code-name
Memorandum of Agreement • April 20th, 2006 • Tsakos Energy Navigation LTD • Deep sea foreign transportation of freight • London

As security for the correct fulfilment of this Agreement the Buyers shall pay a deposit of 10% (ten per cent) of the Purchase Price within 3 (three) banking days from the date this Agreement is signed by both the Sellers and the Buyers. This deposit shall be placed with Bank of New York, N.Y., Swift Code: IRVTUS3N, Favour: Piraeus Bank S.A., Swift: PIRBGRAA.

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