0001628280-22-006268 Sample Contracts

RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE EAGLE BULK SHIPPING INC. 2016 EQUITY INCENTIVE PLAN
Restricted Stock Unit Award Agreement • March 15th, 2022 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York

This Restricted Stock Unit Award Agreement (the “Award Agreement”) effective as of [●] (the “Date of Grant”), is made by and between Eagle Bulk Shipping Inc., a Republic of the Marshall Islands company (the “Company”), and [●] (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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