/s/ Lois K. Zabrocky
Name: Lois K.
Zabrocky
Title: Manager
1372 TANKER CORPORATION
AFRICA TANKER CORPORATION
ALCESMAR LIMITED
ALCMAR LIMITED
AMALIA PRODUCT CORPORATION
AMBERMAR PRODUCT CARRIER CORPORATION
ANDROMAR LIMITED
ANTIGMAR LIMITED
ARIADMAR LIMITED
ATALMAR LIMITED
ATHENS PRODUCT TANKER CORPORATION
AURORA SHIPPING CORPORATION
BATANGAS TANKER CORPORATION
CABO HELLAS LIMITED
CABO SOUNION LIMITED
CARIBBEAN TANKER CORPORATION
CARL PRODUCT CORPORATION
CONCEPT TANKER CORPORATION
DELTA AFRAMAX CORPORATION
EIGHTH AFRAMAX TANKER CORPORATION
EPSILON AFRAMAX CORPORATION
FIRST UNION TANKER CORPORATION
FRONT PRESIDENT INC.
GOLDMAR LIMITED
JADEMAR LIMITED
KATSURA TANKER CORPORATION
KIMOLOS TANKER CORPORATION
KYTHNOS CHARTERING CORPORATION
LEYTE PRODUCT TANKER CORPORATION
LUXMAR PRODUCT TANKER CORPORATION
MAJESTIC TANKERS CORPORATION
MAPLE TANKER CORPORATION
MAREMAR PRODUCT TANKER CORPORATION
MILOS PRODUCT TANKER CORPORATION
MINDANAO TANKER CORPORATION,
as a Guarantor
By: /s/ Lois K. Zabrocky
Name: Lois K. Zabrocky
Title: President
OAK TANKER CORPORATION
OCEANIA TANKER CORPORATION
OIN CHARTERING, INC.
OSG CLEAN PRODUCTS INTERNATIONAL, INC.
OVERSEAS SHIPPING (GR) LTD
PEARLMAR LIMITED
PETROMAR LIMITED
REYMAR LIMITED
RICH TANKER CORPORATION
ROSALYN TANKER CORPORATION
ROSEMAR LIMITED
RUBYMAR LIMITED
SAKURA TRANSPORT CORP.
SAMAR PRODUCT TANKER CORPORATION
SERIFOS TANKER CORPORATION
SEVENTH AFRAMAX TANKER CORPORATION
SHIRLEY AFRAMAX CORPORATION
SIFNOS TANKER CORPORATION
SILVERMAR LIMITED
SIXTH AFRAMAX TANKER CORPORATION
SKOPELOS PRODUCT TANKER CORPORATION
STAR CHARTERING CORPORATION
THIRD UNITED SHIPPING CORPORATION
TOKYO TRANSPORT CORP.
URBAN TANKER CORPORATION
VIEW TANKER CORPORATION,
as a Guarantor
By: /s/ Lois K. Zabrocky
Name: Lois K. Zabrocky
Title: President
INTERNATIONAL SEAWAYS SHIP MANAGEMENT LLC,
as a Guarantor
By: /s/
Lois K. Zabrocky
Name: Lois K. Zabrocky
Title: Manager
OSG
LIGHTERING LLC,
as a Guarantor
By: /s/ Lois K. Zabrocky
Name: Lois
K. Zabrocky
Title: Senior Vice President and Manager
OSG SHIP
MANAGEMENT (UK) LTD.,
as a Guarantor
By: /s/ Lois K. Zabrocky
Name:
Lois K. Zabrocky
Title: President
JEFFERIES FINANCE LLC,
as Administrative Agent, Collateral Agent, Mortgage
Trustee and a Lender
By: /s/ J. Paul McDonnell
Name: J. Paul McDonnell
Title: Managing Director
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL),
as a Lender, Swingline Lender and
an Issuing Bank
By: /s/ Micael Ljunggren
Name: Micael Ljunggren
Title:
By: /s/ Magnus Arve
Name: Magnus Arve
Title:
EXHIBIT A
[Form of]
ASSIGNMENT AND ACCEPTANCE
This Assignment and Acceptance (the "Assignment and Acceptance") is dated as of
the Effective Date set forth below and is entered into by and between
[the][each]1 Assignor identified in item 1 below ([the][each, an] "Assignor")
and [the][each]2 Assignee identified in item 2 below ([the][each, an]
"Assignee"). [It is understood and agreed that the rights and obligations of
[the Assignors][the Assignees]3 hereunder are several and not joint.]4
Capitalized terms used but not defined herein shall have the meanings given to
them in the Credit Agreement identified below, receipt of a copy of which is
hereby acknowledged by [the][each] Assignee. The Standard Terms and Conditions
set forth in Annex 1 attached hereto are hereby agreed to and incorporated
herein by reference and made a part of this Assignment and Acceptance as if set
forth herein in full.
For an agreed consideration, [the][each] Assignor hereby irrevocably sells and
assigns to [the Assignee][the respective Assignees], and [the][each] Assignee
hereby irrevocably