0001558370-20-001543 Sample Contracts

RESTRICTED STOCK UNIT AGREEMENT PURSUANT TO THE GENCO SHIPPING & TRADING LIMITED 2015 EQUITY INCENTIVE PLAN
Restricted Stock Unit Agreement • February 27th, 2020 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York

WHEREAS, this Restricted Stock Unit Award Agreement (this “Award Agreement”), dated as of the Grant Date specified above, is entered into by and between Genco Shipping & Trading Limited, a Marshall Islands corporation (the “Company”), and the Participant specified above, pursuant to the Genco Shipping & Trading Limited 2015 Equity Incentive Plan (the “Plan”); and

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AMENDMENT TO RESTRICTED STOCK UNIT AGREEMENTS PURSUANT TO THE GENCO SHIPPING & TRADING LIMITED 2015 EQUITY INCENTIVE PLAN
Restricted Stock Unit Agreement • February 27th, 2020 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight

This Amendment to Restricted Stock Unit Award Agreements (this “Amendment”) is entered into by and between Genco Shipping & Trading Limited, a Marshall Islands corporation (the “Company”) and the Participant specified above as of December 4, 2019. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Award Agreements (as defined below).

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