0001193125-08-014572 Sample Contracts

FIRST AMENDMENT TO RIGHTS AGREEMENT
Rights Agreement • January 29th, 2008 • Quintana Maritime LTD • Deep sea foreign transportation of freight • Delaware

FIRST AMENDMENT TO RIGHTS AGREEMENT, dated as of January 29, 2008 (the “Amendment”) to the Rights Agreement, dated as of November 12, 2007 (the “Rights Agreement”), between Quintana Maritime Limited, a Marshall Islands corporation (the “Company”), and Computershare Trust Company, N.A., as Rights Agent (the “Rights Agent”). Terms used herein but not defined shall have the meaning assigned to them in the Rights Agreement.

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