0001437749-21-009726 Sample Contracts

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MIF II no. 7 K/S as owner of the vessel Eco Bel Air with IMO no. 9794056 and Evangelos Pistolis as personal guarantor Personal guarantee and indemnity in respect of the Vessel "ECO BEL AIR"
Top Ships Inc. • April 23rd, 2021 • Deep sea foreign transportation of freight

Words and expressions defined in the Charter shall have the same meanings when used in this Guarantee unless the context otherwise requires.

Contract
Share Purchase Agreement • April 23rd, 2021 • Top Ships Inc. • Deep sea foreign transportation of freight

Addendum dated June 18, 2020 to the Share Purchase Agreement (the “SPA”) dated May 28, 2020, by and between Zizzy Charter Co., a Marshall Islands corporation (the “Seller” and Top Ships Inc., a Marshall Islands corporation (the “Buyer”). The Seller and the Buyer are sometimes referred to in this Agreement as a “Party” and collectively as the “Parties.”

INDEMNITY AGREEMENT
Indemnity Agreement • April 23rd, 2021 • Top Ships Inc. • Deep sea foreign transportation of freight • New York

This INDEMNITY AGREEMENT (this “Agreement”) is made as of the 2nd day of December, 2020, by and between Evangelos Pistiolis (“EJP”) and TOP Ships Inc., a Marshall Islands corporation (“TOPS”). EJP and TOPS are sometimes individually referred to in this Agreement as a “Party” and collectively, the “Parties.”

AGREEMENT
Agreement • April 23rd, 2021 • Top Ships Inc. • Deep sea foreign transportation of freight • New York

This agreement (this “Agreement”), dated as of November 2, 2020, is being entered into by and between Evangelos Pistiolis (“EJP”) and TOP Ships Inc., a Marshall Islands corporation (“TOPS”). EJP and TOPS are sometimes individually referred to in this Agreement as a “Party” and collectively, the “Parties.”

STANDSTILL AGREEMENT
Standstill Agreement • April 23rd, 2021 • Top Ships Inc. • Deep sea foreign transportation of freight • New York

This Standstill Agreement (this "Agreement") is entered into as of August 20, 2020, by and among TOP Ships Inc. (the "Company"), a Marshall Islands corporation publicly listed on Nasdaq, Family Trading Inc., a Marshall Islands Company ("Family Trading") under the control of the Lax Trust ("Lax Trust") an irrevocable trust established for the benefit of certain family members of Evangelos Pistiolis ("Pistiolis"), the President, Chief Executive Officer and Director of the Company (together the Lax Trust and Family Trading is referred to as the "Series E Holders") and Pistiolis. The Company, the Series E Holders and Pistiolis are each sometimes referred to in this Agreement as a "Party" and collectively as the "Parties."

Personal guarantee and indemnity in respect of the Vessel "ECO BEVERLY HILLS"
Top Ships Inc. • April 23rd, 2021 • Deep sea foreign transportation of freight

Words and expressions defined in the Charter shall have the same meanings when used in this Guarantee unless the context otherwise requires.

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