Exhibit 10.53


 


February 24,
2009


 


General Maritime
Corporation


General Maritime
Subsidiary Corporation

299 Park Avenue 

New York, NY 10171-0002


 


Attention: John C.
Georgiopoulos, Executive Vice President


 


CONFIDENTIAL


 


Consent re the General
Maritime Amended and Restated Credit Agreement


 


Ladies and Gentlemen:


 


Reference is made to the Amended and Restated Credit
Agreement, dated as of October 20, 2008, entered into by and among General
Maritime Corporation (the “Parent”), General Maritime Subsidiary Corporation
(the “Borrower” and, together with the Parent, “you”), the
lenders party thereto from time to time (each, a “Lender” and
collectively, “Lenders”), Nordea Bank Finland plc, New York Branch, as
administrative agent (in such capacity, “Administrative Agent”) and as
collateral agent (in such capacity, “Collateral Agent”) for Lenders (as
so amended and as the same has been further amended and/or modified through the
date hereof, the “Credit Agreement”). 
Terms defined in the Credit Agreement shall have the same meaning when
used in this letter (this “Consent”).


 


You have requested that the Administrative Agent and
the Lenders consent to the Amendments (as herein defined) and the
Administrative Agent and the Lenders party hereto have agreed to consent thereto
as set forth herein.


 


Notwithstanding anything to the contrary contained in
the Credit Agreement, the Administrative Agent, the Borrower, the other Credit
Parties and the Lenders party hereto hereby 


 

















 


(i) consent to the
acceleration of the October 26, 2009 Scheduled Commitment Reduction
required under Section 4.02(c) of the Credit Agreement to the date
hereof, and (ii) agree that Genmar Daphne shall constitute a Mortgaged
Vessel under the Credit Agreement and the other Credit Documents from and after
the date on which each of the following conditions are satisfied: (a) GMR
Daphne LLC shall have duly authorized, executed and delivered, and caused to be
recorded a Vessel Mortgage substantially in the form of Exhibit I-1 or I-2
to the Credit Agreement, as applicable, with respect to Genmar Daphne, (b) GMR
Daphne LLC shall satisfy with the conditions applicable to Mortgaged Vessels
and Subsidiary Guarantors as set forth in Sections 5.03, 5.04, 5.06, 5.07,
5.12, 5.14 and 5.15 of the Credit Agreement as if the Genmar Daphne was a
Mortgaged Vessel on the Initial Borrowing Date and (c) the Borrower shall
deliver updated Schedules III, VI and VIII to the Credit Agreement revised to
reflect the Amendments (clauses (i) and (ii) together, the “Amendments”).


 


THIS CONSENT SHALL BE GOVERNED BY, AND SHALL
BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK,
WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES. 
EACH CREDIT PARTY HERETO HEREBY RATIFIES AND AFFIRMS THE CONSENTS TO THE
JURISDICTION AND VENUE CONTAINED IN SECTION 13.08 OF THE CREDIT AGREEMENT
WITH RESPECT TO ALL ACTIONS ARISING OUT OF THIS CONSENT.


 


EACH
CREDIT PARTY HEREBY IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY
ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THE CREDIT
AGREEMENT, THE OTHER CREDIT DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY.


 


The Credit Agreement is
modified only by the express provisions of this Consent and this Consent shall
not constitute a modification, acceptance or waiver of any other provision of
the Credit Agreement or any other Credit Document except as specifically set
forth herein.


 


This Consent may be
executed and delivered via facsimile or other electronic transmission (i.e. “pdf”)
with the same force and effect as if an original were executed and may be
signed in any number of counterparts, each of which shall be an original, with
the same effect as if the signatures hereto were upon the same instrument.  This Consent constitutes the entire agreement
and understanding among the parties hereto with respect to the subject matter
hereof and supersedes any and all prior agreements and understandings, oral or
written, relating to the subject matter hereof.


 


This Consent shall become
effective on the date (the “Consent Effective Date”) when the Parent,
the Borrower, each other Credit Party and the Required Lenders shall have
signed a counterpart hereof (whether the same or different counterparts) and
shall have delivered (including by way of facsimile or other electronic
transmission) the same to White & Case LLP, 1155 Avenue of the
Americas, New York, NY 10036; Attention: 
May Yip (facsimile number: 212-354-8113 / email:
myip@whitecase.com).


 


2

















 


From and after the
Consent Effective Date, all references in the Credit Agreement and each of the
other Credit Documents to the Credit Agreement shall be deemed to be references
to the Credit Agreement, as modified hereby.


 


*           *          *


 


 


3

















 


	
   

  	
  Very truly yours,

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  NORDEA BANK FINLAND
  PLC, NEW YORK

  
	
   

  	
  BRANCH, Individually
  and as Administrative Agent

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Colleen Durkin

  
	
   

  	
   

  	
  Name:

  	
  Colleen Durkin

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Hans Kjelsrud

  
	
   

  	
   

  	
  Name:

  	
  Hans Kjelsrud

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice
  President

  



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED 

  
	
   

  	
  AS OF THE FIRST DATE
  WRITTEN ABOVE, AMONG

  
	
   

  	
  GENERAL MARITIME
  CORPORATION,

  
	
   

  	
  GENERAL MARITIME
  SUBSIDIARY

  
	
   

  	
  CORPORATION, THE
  LENDERS PARTY

  
	
   

  	
  HERETO, AND NORDEA BANK
  FINLAND PLC.

  
	
   

  	
  NEW YORK, AS
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
  Alliance &
  Leicester Plc

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Peter Turner

  
	
   

  	
   

  	
  Name:

  	
  Peter Turner

  
	
   

  	
   

  	
  Title:

  	
  Senior Manager,
  Corporate & Structured Finance

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Andrew Williams

  
	
   

  	
   

  	
  Name:

  	
  Andrew Williams

  
	
   

  	
   

  	
  Title:

  	
  Head of Global
  Infrastructure

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED

  
	
   

  	
  AS OF FEBRUARY
        , 2009, AMONG

  
	
   

  	
  GENERAL MARITIME
  CORPORATION,

  
	
   

  	
  GENERAL MARITIME
  SUBSIDIARY

  
	
   

  	
  CORPORATION, THE
  LENDERS PARTY 

  
	
   

  	
  HERETO, AND NORDEA BANK
  FINLAND PLC, 

  
	
   

  	
  NEW YORK, AS
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution:
  BANK OF SCOTLAND PLC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Martin Strevens

  
	
   

  	
   

  	
  Name:

  	
  MARTIN STREVENS

  
	
   

  	
   

  	
  Title:

  	
  DIRECTOR

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  
	
   

  	
  OF THE FIRST DATE
  WRITTEN ABOVE,

  
	
   

  	
  AMONG GENERAL MARITIME

  
	
   

  	
  CORPORATION, GENERAL
  MARITIME

  
	
   

  	
  SUBSIDIARY CORPORATION,
  THE LENDERS

  
	
   

  	
  PARTY HERETO, AND
  NORDEA BANK

  
	
   

  	
  FINLAND PLC, NEW YORK,
  AS

  
	
   

  	
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  CREDIT INDUSTRIEL ET
  COMMERCIAL, NEW YORK BRANCH, as Lender

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Alex Aupoix

  
	
   

  	
   

  	
  Name:

  	
  Alex Aupoix

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Adrienne Molloy

  
	
   

  	
   

  	
  Name:

  	
  Adrienne Molloy

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  
	
   

  	
  OF THE FIRST DATE
  WRITTEN ABOVE,

  
	
   

  	
  AMONG GENERAL MARITIME

  
	
   

  	
  CORPORATION, GENERAL
  MARITIME

  
	
   

  	
  SUBSIDIARY CORPORATION,
  THE LENDERS

  
	
   

  	
  PARTY HERETO, AND
  NORDEA BANK

  
	
   

  	
  FINLAND PLC, NEW YORK,
  AS

  
	
   

  	
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: CITI
  BANK, NA

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Robert Malleck

  
	
   

  	
   

  	
  Name:

  	
  ROBERT MALLECK

  
	
   

  	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED

  
	
   

  	
  AS OF FEBRUARY
        , 2009, AMONG

  
	
   

  	
  GENERAL MARITIME
  CORPORATION,

  
	
   

  	
  GENERAL MARITIME
  SUBSIDIARY

  
	
   

  	
  CORPORATION, THE
  LENDERS PARTY 

  
	
   

  	
  HERETO, AND NORDEA BANK
  FINLAND PLC, 

  
	
   

  	
  NEW YORK, AS
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
   

  
	
   

  	
  DANISH SHIP FINANCE A/S

  
	
   

  	
   

  
	
   

  	
  (DANMARKS SKIBSKREDIT
  A/S)

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Dennis Donbo

  
	
   

  	
   

  	
  Name:

  	
  Denis Donbo

  
	
   

  	
   

  	
  Title:

  	
  Senior Vice President –
  Head of Credit

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Britt Andersen

  
	
   

  	
   

  	
  Name:

  	
  Britt Andersen

  
	
   

  	
   

  	
  Title:

  	
  Assistant Relationship
  Manager

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  OF THE FIRST DATE WRITTEN ABOVE,

  AMONG GENERAL MARITIME

  CORPORATION, GENERAL MARITIME

  SUBSIDIARY CORPORATION, THE LENDERS

  PARTY HERETO, AND NORDEA BANK

  FINLAND PLC, NEW YORK, AS

  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
   

  
	
   

  	
  DnB NOR Bank ASA, New
  York Branch

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Nikolai Nachamkin

  
	
   

  	
   

  	
  Name:

  	
  Nikolai Nachamkin

  
	
   

  	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Cathleen Buckley

  
	
   

  	
   

  	
  Name:

  	
  Cathleen Buckley

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED

  
	
   

  	
  AS OF FEBRUARY     ,
  2009, AMONG

  
	
   

  	
  GENERAL MARITIME
  CORPORATION,

  
	
   

  	
  GENERAL MARITIME
  SUBSIDIARY

  
	
   

  	
  CORPORATION, THE
  LENDERS PARTY 

  
	
   

  	
  HERETO, AND NORDEA BANK
  FINLAND PLC, 

  
	
   

  	
  NEW YORK, AS
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
   

  
	
   

  	
  Dresdner Bank AG in Hamburg

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Jessica WaBmann

  
	
   

  	
   

  	
  Name:

  	
  Jessica WaBmann

  
	
   

  	
   

  	
  Title:

  	
  Prokurist

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Angela Babendererde

  
	
   

  	
   

  	
  Name:

  	
  Angela Babendererde

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  
	
   

  	
  OF THE FIRST DATE
  WRITTEN ABOVE,

  
	
   

  	
  AMONG GENERAL MARITIME

  
	
   

  	
  CORPORATION, GENERAL
  MARITIME

  
	
   

  	
  SUBSIDIARY CORPORATION,
  THE LENDERS

  
	
   

  	
  PARTY HERETO, AND
  NORDEA BANK

  
	
   

  	
  FINLAND PLC, NEW YORK,
  AS

  
	
   

  	
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: Fortis Capital Corp.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Svein Engh

  
	
   

  	
   

  	
  Name:

  	
  Svein Engh

  
	
   

  	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ C. Tobias Backer

  
	
   

  	
   

  	
  Name:

  	
  C. TOBIAS BACKER

  
	
   

  	
   

  	
  Title:

  	
  DIRECTOR

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  OF THE FIRST DATE WRITTEN ABOVE,

  AMONG GENERAL MARITIME

  CORPORATION, GENERAL MARITIME

  SUBSIDIARY CORPORATION, THE LENDERS

  PARTY HERETO, AND NORDEA BANK

  FINLAND PLC, NEW YORK, AS

  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution:

  	
  HSH NORDBANK

  
	
   

  	
   

  	
  HSH Nordbank AG

  
	
   

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kai Braunsdorf

  
	
   

  	
   

  	
  Name:

  	
  Kai Braunsdorf

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Jessica Beckmann

  
	
   

  	
   

  	
  Name:

  	
  Jessica Beckmann

  
	
   

  	
   

  	
  Title:

  	
  Vice President

  
						



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED

  
	
   

  	
  AS OF FEBRUARY
        , 2009, AMONG

  
	
   

  	
  GENERAL MARITIME
  CORPORATION,

  
	
   

  	
  GENERAL MARITIME
  SUBSIDIARY

  
	
   

  	
  CORPORATION, THE
  LENDERS PARTY 

  
	
   

  	
  HERETO, AND NORDEA BANK
  FINLAND PLC, 

  
	
   

  	
  NEW YORK, AS
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
   

  
	
   

  	
  Bayerische Hypo- und
  Vereinsbank AG

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Jan Kathmann

  
	
   

  	
   

  	
  Name:

  	
  Jan Kathmann

  
	
   

  	
   

  	
  Title:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Ulli Göhring

  
	
   

  	
   

  	
  Name:

  	
  Ulli Göhring

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  
	
   

  	
  OF THE FIRST DATE
  WRITTEN ABOVE,

  
	
   

  	
  AMONG GENERAL MARITIME

  
	
   

  	
  CORPORATION, GENERAL
  MARITIME

  
	
   

  	
  SUBSIDIARY CORPORATION,
  THE LENDERS

  
	
   

  	
  PARTY HERETO, AND
  NORDEA BANK

  
	
   

  	
  FINLAND PLC, NEW YORK,
  AS

  
	
   

  	
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
  Name of Institution: LLOYDS
  TSB BANK PLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David Sumner

  
	
   

  	
   

  	
  Name:

  	
  DAVID SUMNER

  
	
   

  	
   

  	
  Title:

  	
  ASSOCIATE DIRECTOR,
  SHIP FINANCE

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED

  
	
   

  	
  AS OF FEBRUARY
        , 2009, AMONG

  
	
   

  	
  GENERAL MARITIME
  CORPORATION,

  
	
   

  	
  GENERAL MARITIME
  SUBSIDIARY

  
	
   

  	
  CORPORATION, THE
  LENDERS PARTY 

  
	
   

  	
  HERETO, AND NORDEA BANK
  FINLAND PLC, 

  
	
   

  	
  NEW YORK, AS ADMINISTRATIVE
  AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: Natixis

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Susan Bellanger

  
	
   

  	
   

  	
  Name:

  	
  Susan BELLANGER

  
	
   

  	
   

  	
  Title:

  	
  Head of Middle Office
  Shipping

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Knut Mathiassen

  
	
   

  	
   

  	
  Name:

  	
  Knut MATHIASSEN

  
	
   

  	
   

  	
  Title:

  	
  Deputy Head of Shipping
  Finance

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  
	
   

  	
  OF THE FIRST DATE
  WRITTEN ABOVE,

  
	
   

  	
  AMONG GENERAL MARITIME

  
	
   

  	
  CORPORATION, GENERAL
  MARITIME

  
	
   

  	
  SUBSIDIARY CORPORATION,
  THE LENDERS 

  
	
   

  	
  PARTY HERETO, AND
  NORDEA BANK

  
	
   

  	
  FINLAND PLC, NEW YORK,
  AS

  
	
   

  	
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
   

  
	
   

  	
  The Royal Bank of
  Scotland plc

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Colin Manchester

  
	
   

  	
   

  	
  Name:

  	
  Colin Manchester

  
	
   

  	
   

  	
  Title:

  	
  Head of Shipping
  Coverage, Americas

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED

  
	
   

  	
  AS OF FEBRUARY     ,
  2009, AMONG

  
	
   

  	
  GENERAL MARITIME
  CORPORATION,

  
	
   

  	
  GENERAL MARITIME
  SUBSIDIARY

  
	
   

  	
  CORPORATION, THE
  LENDERS PARTY 

  
	
   

  	
  HERETO, AND NORDEA BANK
  FINLAND PLC, 

  
	
   

  	
  NEW YORK, AS
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
  SKANDINAVISKA ENSKILDA
  BANKEN (AB PUBL)

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott Lewallen

  
	
   

  	
   

  	
  Name:

  	
  SCOTT LEWALLEN

  
	
   

  	
   

  	
  Title:

  	
  CLIENT EXECUTIVE

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Egil Aarrestad

  
	
   

  	
   

  	
  Name:

  	
  EGIL AARRESTAD

  
	
   

  	
   

  	
  Title:

  	
  CLIENT EXECUTIVE

  
					



 

















 


	
   

  	
  SIGNATURE PAGE TO
  CONSENT DATED AS

  
	
   

  	
  OF THE FIRST DATE
  WRITTEN ABOVE,

  
	
   

  	
  AMONG GENERAL MARITIME

  
	
   

  	
  CORPORATION, GENERAL
  MARITIME

  
	
   

  	
  SUBSIDIARY CORPORATION,
  THE LENDERS

  
	
   

  	
  PARTY HERETO, AND
  NORDEA BANK

  
	
   

  	
  FINLAND PLC, NEW YORK,
  AS

  
	
   

  	
  ADMINISTRATIVE AGENT

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name of Institution: 

  
	
   

  	
   

  
	
   

  	
  SUMITOMO MITSUI BANKING
  CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ William M Ginn

  
	
   

  	
   

  	
  Name:

  	
  William M Ginn

  
	
   

  	
   

  	
  Title:

  	
  General Manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 

















 


	
  Accepted and Agreed to
  this

  	
   

  
	
  24 day of February,
  2009

  	
   

  
	
   

  	
   

  
	
  GENERAL MARITIME
  CORPORATION,

  	
   

  
	
  as Parent

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ John C.
  Georgiopoulos

  	
   

  
	
   

  	
  Name: 

  	
  John C. Georgiopoulos

  	
   

  
	
   

  	
  Title:

  	
  Executive Vice
  President,

  Treasurer and Secretary

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  GENERAL MARITIME
  SUBSIDIARY

  	
   

  
	
  CORPORATION,

  	
   

  
	
  as Borrower

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ John C.
  Georgiopoulos

  	
   

  
	
   

  	
  Name:

  	
  John C. Georgiopoulos

  	
   

  
	
   

  	
  Title:

  	
  Treasurer

  	
   

  



 

















 


GMR ADMINISTRATION
CORP.,


GMR AGAMEMNON LLC,


GMR AJAX LLC,


GMR ALEXANDRA LLC,


GMR ARGUS LLC,


GMR CONSTANTINE
LLC,


GMR DEFIANCE LLC,


GMR GEORGE T. LLC,


GMR GULF LLC,


GMR HARRIET G.
LLC,


GMR HOPE LLC,


GMR HORN LLC,


GMR KARA G. LLC,


GMR MINOTAUR LLC,


GMR ORION LLC,


GMR PHOENIX LLC,


GMR PRINCESS LLC,


GMR PROGRESS LLC,


GMR REVENGE LLC,


GMR SPYRIDON LLC,


GMR ST. NIKOLAS
LLC,


GMR STRENGTH LLC,


GMR DAPHNE LLC,


as Subsidiary
Guarantors


 


 


	
  By:

  	
  /s/ John C.
  Georgiopoulos

  	
   

  
	
   

  	
  Name: John C.
  Georgiopoulos

  	
   

  
	
   

  	
  Title:
  Manager/Treasurer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  GENERAL MARITIME
  MANAGEMENT LLC,

  	
   

  
	
  as Subsidiary Guarantor

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Peter Bell

  	
   

  
	
   

  	
  Name: Peter Bell

  	
   

  
	
   

  	
  Title: Manager