TERMINATION AGREEMENTTermination Agreement • May 7th, 2015 • Cambridge Capital Acquisition Corp • Blank checks • New York
This Termination Agreement is made and entered into as of May 6, 2015 (this “Termination Agreement”) by and among Cambridge Capital Acquisition Corporation, a Delaware corporation (“Parent”), Cambridge Holdco, Inc., a Marshall Islands corporation and wholly-owned subsidiary of Parent (“Holdco”), Cambridge Merger Sub, Inc., a Marshall Islands corporation and a wholly-owned subsidiary of Holdco (“Merger Sub”), Parakou Tankers, Inc., a Marshall Islands corporation (the “Company”), and Por Liu, a natural person (the “Shareholder”). Capitalized terms contained in this Termination Agreement, but not specifically defined herein, shall have the meanings ascribed to such terms in the Merger Agreement.
