Termination of Moa Sample Contracts

TERMINATION OF MOA
Termination of Moa • March 19th, 2014 • Top Ships Inc. • Deep sea foreign transportation of freight

THIS TERMINATION AGREEMENT (the "Agreement") is made on the 17th day of March, 2014 by and among Monte Carlo 37 Shipping Company Limited (the "Seller"), a limited liability company organized and existing under the laws of the Marshall Islands, and Top Ships Inc. (the "Buyer"), a corporation organized and existing under the laws of the Marshall Islands. Capitalized terms used herein as defined terms and not otherwise defined herein shall have the meanings ascribed thereto in the MOA (as hereinafter defined).

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TERMINATION OF MOA
Termination of Moa • February 14th, 2014 • Top Ships Inc. • Deep sea foreign transportation of freight

THIS TERMINATION AGREEMENT (the "Agreement") is made on the 6th day of February, 2014 by and among Monte Carlo One Shipping Company Limited (the "Seller"), a limited liability company organized and existing under the laws of the Marshall Islands, and Top Ships Inc. (the "Buyer"), a corporation organized and existing under the laws of the Marshall Islands. Capitalized terms used herein as defined terms and not otherwise defined herein shall have the meanings ascribed thereto in the MOA (as hereinafter defined).

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