0001628280-22-005984 Sample Contracts

RESTRICTED STOCK AWARD AGREEMENT UNDER THE EAGLE BULK SHIPPING INC. 2016 EQUITY INCENTIVE PLAN
Restricted Stock Award Agreement • March 14th, 2022 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York

This Restricted Stock Award Agreement (the “Restricted Stock Award Agreement”) effective as of September 3, 2021 (the “Date of Grant”), is made by and between Eagle Bulk Shipping Inc., a Republic of the Marshall Islands company (the “Company”), and Gary Vogel (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Eagle Bulk Shipping Inc. 2016 Equity Incentive Plan (the “Plan”). Where the context permits, references to the Company shall include any successor to the Company.

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