EXHIBITS 10.20 AGREEMENT NO. 1 OF JULY 22, 2005 TO THE "SHIPMAN 98" AGREEMENT DATED JULY 1, 2004 BETWEEN ADVENTURE TWO S.A. & FREE BULKERS S.A. IT IS TODAY MUTUALLY AGREED THAT THE FOLLOWING AMENDMENTS ARE IN FORCE BOX 10 - YES, 1% OF GROSS AMOUNT BOX...Agreement No. 1 of July 22, 2005 to the 'Shipman 98' Agreement • July 22nd, 2005 • FreeSeas Inc. • Deep sea foreign transportation of freight
