|   | A. | CLP owns vessels and requires certain commercial and technical management services for the operation of its fleet; |
|--------|----|--------------------------------------------------------------------------------------------------------------------|

|   | B. | Pursuant to the Management Agreement, CLP engaged CSM to provide such commercial and technical management services to CLP on the terms set out therein; |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | C. | CLP wishes to acquire all of the issued and outstanding shares of capital stock of Adrian Shipholding Inc., a corporation organized under the laws of the Republic of the Marshall Islands which holds record and beneficial ownership title to the Liberian flagged product tanker “Alkiviadis”; |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | D. | CLP wishes for CSM to provide commercial and technical services under the Management Agreement with respect to the product tanker Alkiviadis; |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------|

|   | E. | CLP has requested that CSM agree to amend certain provisions of the Management Agreement, as set forth herein; and |
|--------|----|--------------------------------------------------------------------------------------------------------------------|

|   | F. | CSM is willing to agree to such amendments as set forth herein. |
|--------|----|-----------------------------------------------------------------|

----

| Vessel Name           |   | Daily Fee in US$ |
|-----------------------|--------|------------------|
| Atlantas              |   |             | 250 |   |   |
| Aktoras               |   |             | 250 |   |   |
| Agisilaos             |   |             | 5,500 |   |   |
| Arionas               |   |             | 5,500 |   |   |
| Axios                 |   |             | 5,500 |   |   |
| Aiolos                |   |             | 250 |   |   |
| Avax                  |   |             | 5,500 |   |   |
| Akeraios              |   |             | 5,500 |   |   |
| Anemos I              |   |             | 5,500 |   |   |
| Apostolos             |   |             | 5,500 |   |   |
| Alexandros II         |   |             | 250 |   |   |
| Aristotelis II        |   |             | 250 |   |   |
| Aris II               |   |             | 250 |   |   |
| Attikos               |   |             | 5,500 |   |   |
| Amore Mio II          |   |             | 8,500 |   |   |
| Aristofanis           |   |             | 5,500 |   |   |
| Agamemnon II          |   |             | 6,500 |   |   |
| Ayrton II             |   |             | 6,500 |   |   |
| El Pipila(ex Atrotos) |   |             | 3,575 |   | (3,075 + 500) |
| Alkiviadis            |   |             | 7,000 |   |   |

----

| Vessel Name            |   | ExpectedTermination Date          |
|------------------------|--------|-----------------------------------|
| Atlantas               |   | January—April 2011          |
|                   |   |                              |
| Aktoras                |   | April—July 2011             |
|                   |   |                              |
| Agisilaos              |   | May—August 2011             |
|                   |   |                              |
| Arionas                |   | August—November 2011        |
|                   |   |                              |
| Axios                  |   | December 2011—March 2012    |
|                   |   |                              |
| Aiolos                 |   | November 2011—February 2012 |
|                   |   |                              |
| Avax                   |   | December 2011—March 2012    |
|                   |   |                              |
| Akeraios               |   | May—August 2012             |
|                   |   |                              |
| Anemos I               |   | July—October 2012           |
|                   |   |                              |
| Apostolos              |   | July—October 2012           |
|                   |   |                              |
| Alexandros II          |   | December 2012—March 2013    |
|                   |   |                              |
| Aristotelis II         |   | March—June 2013             |
|                   |   |                              |
| Aris II                |   | May—August 2013             |
|                   |   |                              |
| Attikos                |   | September—November 2012     |
|                   |   |                              |
| Amore Mio II           |   | March — April 2013          |
|                   |   |                              |
| Aristofanis            |   | March — April 2013          |
|                   |   |                              |
| Agamemnon II           |   | October 2013                      |
|                   |   |                              |
| Ayrton II              |   | March 2014                        |
|                   |   |                              |
| El Pipila (ex Atrotos) |   | March 2014                        |
|                   |   |                              |
| Alkiviadis             |   | June 2015                         |

----

----

|   | CAPITAL PRODUCT PARTNERS L.P. BY ITSGENERAL PARTNER, CAPITAL GP L.L.C., |                                                                                                                           |
|--------|-------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                    |                                                                                                                           |   |
|   |     By:                                             |  /s/ Ioannis E. Lazaridis                                                                                            |   |
|   |                                                                    | Name:  Ioannis E. Lazaridis                                                                                     |   |
|   |                                                                    | Title:    Chief Executive Officer and Chief     Financial Officer of Capital GP L.L.C. |   |
|   |                                                                    |                                                                                                                           |   |

|   | CAPITAL SHIP MANAGEMENT CORP., |                                           |
|--------|--------------------------------|------------------------------------------------|
|   |                           |                                           |   |
|   |     By:    |  /s/ Nikolaos Syntichakis                 |   |
|   |                           | Name:  Nikolaos Syntichakis               |   |
|   |                           | Title:    Attorney-in-Fact |