LIMITED LIABILITY COMPANY AGREEMENT OF NORDIC BULK PARTNERS LLCLimited Liability Company Agreement • March 23rd, 2020 • Pangaea Logistics Solutions Ltd. • Deep sea foreign transportation of freight • Marshall Islands
Contract Type FiledMarch 23rd, 2020 Company Industry JurisdictionThis LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of NORDIC BULK PARTNERS LLC (the “Company”) is entered into as of September 27, 2019 (the “Effective Date”) by and among PANGAEA LOGISTICS SOLUTIONS LTD., a Bermuda exempted company (the “Sponsor”), HS NORDIC LLC, a Marshall Islands limited liability company (the “Investor”), and any other Person who is admitted as a member of the Company in accordance with the terms of this Agreement (together with the Sponsor and the Investor, each a “Member” and collectively, the “Members”).