0001193125-23-294598 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 14th, 2023 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight

THIS EMPLOYMENT AGREEMENT (the “Agreement”), dated as of December 11, 2023, (the “Effective Date”) is made among Eagle Shipping International (USA) LLC, a Marshall Islands limited liability company (the “Company”), its parent Eagle Bulk Shipping Inc., a Marshall Islands corporation (the “Parent”) and Constantine George Tsoutsoplides (the “Executive”).

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OMNIBUS AMENDMENT TO AWARD AGREEMENTS UNDER THE EAGLE BULK SHIPPING INC. SECOND AMENDED AND RESTATED 2016 EQUITY INCENTIVE PLAN
Omnibus Amendment to Award Agreements • December 14th, 2023 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York

This Omnibus Amendment (this “Amendment”) to the Restricted Stock Award Agreement, dated as of September 3, 2021 (as amended, the “September 2021 Award Agreement”), the Restricted Stock Unit Award Agreement, dated as of March 11, 2022 (as amended, the “March 2022 Award Agreement”) and the Restricted Stock Unit Award Agreement, dated as of March 6, 2023 (as amended, the “March 2023 Award Agreement” and, together with the September 2021 Award Agreement and the March 2022 Award Agreement, the “Award Agreements”), in each case, by and between Eagle Bulk Shipping Inc., a Republic of the Marshall Islands company (the “Company”), and Gary Vogel (the “Participant”), is made effective as of December 10, 2023. Capitalized terms not defined herein have the meaning ascribed thereto in the Eagle Bulk Shipping Inc. Second Amended and Restated 2016 Equity Incentive Plan (as amended or restated from time to time, the “Plan”).

AMENDMENT TO RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE EAGLE BULK SHIPPING INC. SECOND AMENDED AND RESTATED 2016 EQUITY INCENTIVE PLAN
Restricted Stock Unit Award Agreement • December 14th, 2023 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York

This Amendment (this “Amendment”) to the Restricted Stock Unit Award Agreement, dated as of April 1, 2023 (as amended, the “Award Agreement”), by and between Eagle Bulk Shipping Inc., a Republic of the Marshall Islands company (the “Company”), and Costa Tsoutsoplides (the “Participant”), is made effective as of December 12, 2023. Capitalized terms not defined herein have the meaning ascribed thereto in the Eagle Bulk Shipping Inc. Second Amended and Restated 2016 Equity Incentive Plan (as amended or restated from time to time, the “Plan”).

AMENDMENT TO RIGHTS AGREEMENT OF EAGLE BULK SHIPPING INC.
Rights Agreement • December 14th, 2023 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight

This AMENDMENT, dated as of December 11, 2023 (this “Amendment”), is made to the Rights Agreement, dated as of June 22, 2023, by and between Eagle Bulk Shipping Inc. (the “Company”) and Computershare Trust Company, N.A., as the Rights Agent (“Computershare”) (such agreement, the “Rights Agreement”).

OMNIBUS AMENDMENT TO AWARD AGREEMENTS UNDER THE EAGLE BULK SHIPPING INC. SECOND AMENDED AND RESTATED 2016 EQUITY INCENTIVE PLAN
Omnibus Amendment to Award Agreements • December 14th, 2023 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York

This Omnibus Amendment (this “Amendment”) to the Restricted Stock Unit Award Agreement, dated as of November 15, 2022 (as amended, the “November 2022 Award Agreement”) and the Restricted Stock Unit Award Agreement, dated as of March 6, 2023 (as amended, the “March 2023 Award Agreement” and, together with the November 2022 Award Agreement, the “Award Agreements”), in each case, by and between Eagle Bulk Shipping Inc., a Republic of the Marshall Islands company (the “Company”), and Gary Vogel (the “Participant”), is made effective as of December 12, 2023. Capitalized terms not defined herein have the meaning ascribed thereto in the Eagle Bulk Shipping Inc. Second Amended and Restated 2016 Equity Incentive Plan (as amended or restated from time to time, the “Plan”).

AMENDMENT TO RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE EAGLE BULK SHIPPING INC. SECOND AMENDED AND RESTATED 2016 EQUITY INCENTIVE PLAN
Restricted Stock Unit Award Agreement • December 14th, 2023 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York

This Amendment (this “Amendment”) to the Restricted Stock Unit Award Agreement, dated as of April 1, 2023 (the “Award Agreement”), by and between Eagle Bulk Shipping Inc., a Republic of the Marshall Islands company (the “Company”), and Costa Tsoutsoplides (the “Participant”), is made effective as of December 10, 2023. Capitalized terms not defined herein have the meaning ascribed thereto in the Eagle Bulk Shipping Inc. Second Amended and Restated 2016 Equity Incentive Plan (as amended or restated from time to time, the “Plan”).

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