Document:

EX-4.4.3

 Exhibit 4.4.3 

GREATER CHINA INTERMODAL INVESTMENTS LLC 

MEMBER ACKNOWLEDGEMENT 

This Member Acknowledgement, effective as of March 13, 2018 (the “Member Acknowledgement”), is being entered into by and
among Greater China Industrial Investments LLC, a limited liability company formed under the laws of the Republic of the Marshall Islands (the “Member”), Seaspan Corporation, a corporation incorporated under the laws of the Republic
of the Marshall Islands, Greater China Intermodal Investments LLC, a limited liability company organized under the laws of the Republic of the Marshall Islands, and Greater China Industrial Investments LLC, a limited liability company organized
under the laws of the Republic of the Marshall Islands, solely in its capacity as Holder Representative in connection with the merger of Seaspan Investments III LLC, a limited liability company organized under the laws of the Republic of the
Marshall Islands, with and into the Company, pursuant to, and subject to the terms and conditions set forth in, the Agreement and Plan of Merger (the “Merger Agreement”), dated as of the date hereof, by and among Buyer, Merger Sub,
the Company and the Holder Representative. By execution and delivery hereof, the undersigned Member hereby surrenders all of its Interest, including, without limitation, such Member’s right to distributions under the Company LLC Agreement (such
Interest referred to herein as the “Exchanged Interest”), in exchange for a portion of the Final Net Merger Consideration and other amounts, if applicable, set forth in Article III and Article XII (including any dividends, interest
or other earnings on the Preferred Stock Consideration) of the Merger Agreement, in each case, allocable to such Member (or, at the direction of such Member, to such Member’s designees) under the Merger Agreement and as specified herein and
therein. Capitalized terms used herein and not defined have the meanings set forth in the Merger Agreement. In furtherance and not in limitation of the foregoing: 
  

	1.	 The Member hereby represents and warrants that (a) the Member has full power, authority, and legal capacity
to execute and deliver this Member Acknowledgement and all other instruments and agreements to be executed and delivered by the Member as contemplated by the Merger Agreement and to perform its obligations hereunder and thereunder and to consummate
the transactions contemplated hereby and by the Merger Agreement, including the surrender of the Exchanged Interest, (b) the execution, delivery and performance of this Member Acknowledgement and all other instruments and agreements to be
executed and delivered by the Member as contemplated by the Merger Agreement have been duly and validly authorized by all necessary action on the part of the Member and no other action or proceeding on the part of the Member is necessary to
authorize this Member Acknowledgement or such other instruments and (c) this Member Acknowledgement and all other instruments and agreements to be executed and delivered by the Member as contemplated by the Merger Agreement have been duly and
validly executed and delivered by the Member and each of this Member Acknowledgement and such other instruments and agreements constitutes a valid and legally binding obligation of the Member, enforceable against the Member in accordance with its
terms. The Member is the sole record owner of the Exchanged Interest. The Member further represents and warrants that (i) it has good and valid title to the Exchanged Interest free and clear of any Liens, except for obligations of the Member
set forth in the Company LLC Agreement prior to the Effective Time, (ii) it has full power and authority to transfer the Exchanged Interest in the Merger, (iii) the Exchanged Interest was acquired from the Company in compliance with
applicable Law and (iv) 

	 	
there is no outstanding Contract (other than the Company LLC Agreement) with any Person to purchase, redeem or otherwise acquire the Exchanged Interest. By execution and delivery of this Member
Acknowledgement, the Member hereby approves and adopts this Member Acknowledgement, the Merger and the Merger Agreement in accordance with Section 17(2) of the MILLCA and hereby forever waives and releases any rights to appraisal or other
similar rights the Member may have under applicable Law in connection with the transactions contemplated by the Merger Agreement. 

  

	2.	The Member hereby represents and warrants that the Member (a) has been duly organized and is validly existing as a limited liability company in good standing under the Laws of the Republic of the Marshall Islands
and has the requisite limited liability company power and authority to operate and to own or lease its properties and to conduct its business as it is now being conducted and (b) is duly licensed or qualified to do business and (where
applicable) is in good standing as a foreign corporation in each jurisdiction in which the ownership of its property or the character of its activities or the properties the Member owns, leases or operates or the nature of the business conducted by
the Member is such as to require it to be so licensed or qualified or in good standing, as applicable, except where the failure to be so licensed or qualified or in good standing is not, and would not reasonably be expected to be, material to the
Member. 

  

	3.	The Member hereby represents and warrants that the execution and delivery of this Member Acknowledgement and all other instruments and agreements to be executed and delivered by the Member as contemplated by the Merger
Agreement and the consummation by the Member of the transactions contemplated thereby does not and will not, (a) violate any provision of, or result in the breach by such Member of, any applicable Law or Governmental Order to which the Member
is subject or by which any property or asset of the Member is bound, (b) conflict with the Organizational Documents of the Member (including, for the avoidance of doubt, the allocation of any additional amounts payable to such Member, if
applicable, under Article II and Article XII of the Merger Agreement, in each case, in the amounts set forth on Schedule 3.3 of the Merger Agreement and Exhibit A hereto), or (c) violate any provision of, conflict with any material Contract to
which the Member is a party (including the Company LLC Agreement) or result in the creation of any Lien on the Exchanged Interest (other than in accordance with the Merger), or constitute an event which, after notice or lapse of time or both, would
result in any such violation, breach, termination or creation of a Lien. 

  

	4.	The Member hereby represents and warrants that no consent, approval or authorization of, or designation, declaration or filing with, any Governmental Authority or any other Person is required on the part of the Member
with respect to the Member’s execution or delivery of this Member Acknowledgement or the consummation by the Member of the transactions contemplated hereby and by the Merger Agreement, except for compliance with any applicable requirements of
the securities Laws. 

  

	5.	 The Member hereby represents and warrants that the Member (or, at the direction of the Member, its
designees) (a) is acquiring Preferred Stock Consideration for its own account pursuant to the terms of the Merger Agreement, for investment purposes only and not with a view toward, or for sale in connection with, any distribution thereof, nor
with any present intention of distributions or selling the Preferred Stock Consideration in any case in violation of the federal securities Laws or any applicable foreign or state securities Law, (b) qualifies as an “accredited
investor”, as such term is defined in Rule 501(a) promulgated pursuant to the 

	 	
Securities Act, (c) understands that the acquisition of the Preferred Stock Consideration to be acquired by it pursuant to the terms of the Merger Agreement involves substantial risk, that
Buyer and its Subsidiaries will be incurring a substantial amount of Funded Debt in connection with the Transaction, and that the industry in which Buyer operates is currently experiencing significant over-supply of containership capacity which
could materially adversely affect the future economic performance of Buyer and its Subsidiaries, (d) together with its officers have experience as an investor in securities and equity interests of companies such as the securities being issued
pursuant to the Merger Agreement, (e) can bear the economic risk (including the risk of a full loss) of its investment (which may be for an indefinite period) and has such knowledge and experience in financial or business matters that the
Member is capable of evaluating the merits and risks of its investment in the Preferred Stock Consideration to be acquired by it pursuant to the transactions contemplated by the Merger Agreement, (f) understands that the Preferred Stock
Consideration to be acquired by it pursuant to the Merger Agreement has not been registered under the Securities Act and (g) acknowledges that such securities may not be transferred, sold, offered for sale, pledged, hypothecated or otherwise
disposed of without registration under the Securities Act and any other provision of applicable state or other securities Laws or pursuant to an applicable exemption therefrom. The Member acknowledges and agrees that, with respect to the Merger and
the transactions contemplated by the Merger Agreement and all other transaction documents entered into in connection therewith, except for those representations and warranties expressly given by Buyer in the Merger Agreement, (i) neither Buyer
nor its Affiliates, agents or representatives has made, or is making, any representation or warranty whatsoever, express or implied, (ii) Member is not relying on any representation or warranty of Buyer, its Affiliates, agents or
representatives whatsoever, express or implied, as to the prospects (financial or otherwise) or future economic performance of Buyer and its Subsidiaries contained in any materials provided by, or made available by or on behalf of, Buyer and its
Subsidiaries in public filings made by Buyer under applicable securities Laws or otherwise and (iii) any financial projections or forecasts are not and will not be deemed to be representations or warranties of Buyer or any of its Affiliates,
agents or representatives, and no representation or warranty is made as to the accuracy, completeness or attainability of any of the foregoing. 

  

	6.	The Member hereby represents and warrants that the Member has not entered into any agreement with any broker, finder, investment banker or other Person relating to any brokerage fee, finders’ fee or other similar
commission or payment, for which Buyer, the Surviving Company or any of their Subsidiaries would be liable in connection with the transactions contemplated by the Merger Agreement. The Member acknowledges and agrees on behalf of itself and each of
its Member Related Persons (as defined below) that it has received and reviewed (and has had sufficient opportunity to review), discussed and obtained adequate information concerning the significance and material risks of, and reasonable available
alternatives to, the waivers, permission and other provisions of the Merger Agreement, the Escrow Agreement, the Registration Rights Agreement, the Put Right Agreement and this Member Acknowledgement with independent legal, accounting and financial
advisors regarding the Member’s rights and obligations hereunder and thereunder, and the Member fully understands the terms and conditions contained, and the transactions provided for, herein and therein, and in furtherance and not in
limitation of the foregoing, agrees to be bound by (in the same manner as if it were an original signatory to, and directly bound by) the Escrow Agreement and the provisions set forth in the following articles and sections of the Merger Agreement:
(a) Article III (Effects of the Merger on the Interests), (b) Article XI (Holder Representative), (c) Article XII (Indemnification), and (d) the provisions set forth in Section 8.1(b) (Indemnification and Insurance).

  

	7.	The Member acknowledges and agrees (on behalf of itself and its designees, if any) (a) that (i) the amounts set forth on Schedule 3.3 of the Merger Agreement and Exhibit A hereto have been calculated on the basis
that the aggregate amount set forth on Schedule 3.3 of the Merger Agreement was distributed in accordance with Section 5.03 of the Company LLC Agreement and the Merger Agreement, (ii) in the event of any conflict between Schedule 3.3 of
the Merger Agreement and Exhibit A hereto, on the one hand, and Section 5.03 of the Company LLC Agreement, on the other hand, Schedule 3.3 of the Merger Agreement and Exhibit A hereto shall control, and (iii) after the Closing the Member
shall raise no objections or bring any Actions in connection with such calculations or the allocations set forth in the Merger Agreement (including Schedule 3.3 thereto) and Exhibit A hereto, (b) with the allocations of Cash
Consideration and Preferred Stock Consideration to it at the Closing set forth opposite such Member’s name (or, at the direction of such Member, such Member’s designees’ name) on Schedule 3.3 of the Merger Agreement and Exhibit
A hereto under the headings “Cash Consideration at Closing” and “Preferred Stock Consideration at Closing”, respectively, (c) with such Member’s (or, at the direction of the Member, such Members’
designees’) allocable share of the Cash Consideration deposited into the Adjustment Escrow Account (as defined in the Escrow Agreement) and such Member’s (or, at the direction of such Member, such Member’s designees) allocable share
of the Cash Consideration deposited into the Indemnification Escrow Account (as defined in the Escrow Agreement) on the Closing Date set forth opposite such Member’s or its designee’s name on Schedule 3.3 of the Merger Agreement and
Exhibit A hereto under the headings “Cash Placed in Adjustment Escrow at Closing” and “Cash Placed in Indemnification Escrow at Closing”, respectively, (d) with such Member’s (or, at the direction of such Member,
such Member’s designees) allocable share of the Final Net Merger Consideration and any other amounts, if applicable, to be paid to such Member (or, at the direction of such Member, such Member’s designees) under Article III and Article XII
of the Merger Agreement, and (e) with, and shall raise no objections or bring any Actions in connection with, (x) such Member’s (or its designees’) Allocation Percentage, (y) the calculation, allocation and distribution by
the Company to such Member (or, at the direction of such Member, such Member’s designees), if any, of the Adjustment Amount, Adjustment Escrow Funds and the Indemnification Escrow Funds, in each case, received by the Member or its designees
after the date hereof pursuant to the Merger Agreement and the Escrow Agreement, provided such calculation, allocation and distribution are made in accordance with the provisions of the Merger Agreement and the Escrow Agreement, and (z) the
calculation, allocation and distribution to such Member (or, at the direction of such Member, such Member’s designees), if applicable, of any additional amount payable under Article III and Article XII of the Merger Agreement (including any
dividends, interest or other earnings on of the Preferred Stock Consideration), provided such calculation, allocation and distribution are made in accordance with the provisions of the Merger Agreement and, to the extent applicable, the Escrow
Agreement. For the avoidance of doubt, the foregoing shall not restrict or limit in any way the right of the Holder Representative to object to any matter described in, or to assert, defend, adjudicate or settle any claim pursuant to Article III of
the Merger Agreement (including Section 3.3 and Section 3.4 thereof) or Article XII of the Merger Agreement. 

  

	8.	The Member (on behalf of itself and its designees) understands and agrees that (a) the portion of the Estimated Net Merger Consideration set forth opposite such Member’s (or its designees’) name on
Schedule 3.3 to the Merger Agreement and Exhibit A hereto under the headings “Cash Placed in Adjustment Escrow at Closing” and “Cash Placed in Indemnification Escrow at Closing” will be placed in an escrow account to be
held pursuant to and subject to the terms and conditions of the Merger Agreement and the Escrow Agreement, and (b) the Member (and its designees) shall only be entitled to a portion of such amount (if any) as and when such amounts are payable
in accordance with the provisions of the Merger Agreement and the Escrow Agreement. 

  

	9.	The Member hereby (a) irrevocably appoints and constitutes, in accordance with Section 11.1 of the Merger Agreement, Holder Representative as the initial Holder Representative under the Merger Agreement and as
the true and lawful agent and attorney-in-fact of the Member with respect to the Exchanged Interest, with full power in the substitution to represent the Member with
respect to all matters arising under the Merger Agreement and the Escrow Agreement and with all power and authority set forth in and contemplated by the Merger Agreement and the Escrow Agreement, (b) acknowledges that the Member shall be bound
by all decisions and actions taken by the Holder Representative in connection with or related to the matters set forth in or contemplated by the Merger Agreement and the Escrow Agreement, and hereby adopts, ratifies, confirms and approves in all
respects all such decisions and actions, (c) acknowledges and agrees to the limitations on the Holder Representative’s liability set forth in the Merger Agreement and the Escrow Agreement, (d) acknowledges and agrees that the Holder
Representative is authorized to estimate, and is entitled to retain and use, the Holder Representative Expenses in accordance with Sections 3.5 and 11.2 of the Merger Agreement, (e) acknowledges and agrees that Buyer is entitled to rely upon
the power and authority of the Holder Representative specified in the Merger Agreement and all decisions made by the Holder Representative in connection with the Merger Agreement (including, without limitation, the calculation of the various
allocations of all amounts that may be payable to the Selling Members (or their designees) after Closing in accordance with Schedule 3.3 of the Merger Agreement and the Escrow Agreement) without verification or independent investigation and such
Member will not bring any Action challenging any action of the Holder Representative except to the extent involving the gross negligence or willful misconduct of the Holder Representative and (f) acknowledges and agrees that Buyer, Holder
Representative and their respective Affiliates will have no Liability whatsoever to the Member or any Member Related Person (as defined below) for any acts or omissions of the Holder Representative except to the extent involving the gross negligence
or willful misconduct of the Holder Representative, or any acts or omissions taken or not taken by Buyer or any other Persons at the direction of or in accordance with any decision, act, consent or instruction of the Holder Representative, made or
given in accordance with the Merger Agreement, the Escrow Agreement, the Registration Rights Agreement, the Put Right Agreement or any other transaction document entered into in connection therewith. The power of attorney granted herein by the
Member shall be irrevocable and is coupled with an interest. 

  

	10.	 Subject to paragraph 12 below, the Member hereby waives, acquits, forever discharges and releases, effective as
of the Effective Time, on behalf of itself, its designees hereunder and/or under the Merger Agreement and each of its controlled Affiliates, and each of their respective Subsidiaries (other than the Company and the Company’s Subsidiaries) and
each of their respective past, present and future officers, managers, directors, stockholders, partners, members, Affiliates, employees, counsel, agents and representatives and each of their respective successors and assigns (collectively, the
“Member Related Persons”), to the fullest extent permitted by Law, of, from and against any and all Actions, causes of action, demands, damages, judgments, 

	 	
Liabilities, rights and claims against the Surviving Company, the Company and each of their respective Subsidiaries and past, present and future officers, managers, directors, stockholders,
partners, members, Affiliates (other than Buyer and its Subsidiaries), employees, counsel, agents and representatives (collectively, the “Company Related Persons”), whether absolute or contingent, liquidated or unliquidated, known
or unknown, determined, determinable or otherwise, that the Member or any other Member Related Person, has ever had, may now or hereafter have or arising from facts, occurrences or circumstances existing at or prior to the Effective Time, in each
case, relating to the Company, its Subsidiaries or their respective businesses, including, without limitation, pursuant to the Company LLC Agreement, arising from or relating to the Transfer (as defined in the Company LLC Agreement) of the Interests
pursuant to the Merger Agreement or otherwise, whether in law or in equity, in contract, in tort or otherwise, in any capacity, including any claims to any additional equity in the Company or any of its Subsidiaries or any distributions or payments
(as consideration of services or otherwise) from the Company or any of its Subsidiaries by reason of any matter, cause or thing whatsoever (the “Released Claims”). Subject to paragraph 12 below, the Member agrees not to, and to
cause the Member Related Persons not to, assert any Action against Buyer, the Surviving Company, the Company and the Company Related Persons with respect to the Released Claims. The Member agrees that it will not (and will not cause or permit any
other Member Related Person to) exercise or assert any right of contribution, set-off or indemnity or any other right or remedy (including any such rights and remedies contained in the Company LLC Agreement)
against the Company, any Company Related Person or the Surviving Company in connection with any Indemnification Claim or any other Liability to which such Member may become subject under the Merger Agreement or this Member Acknowledgement. The
Member further agrees that after the Closing, it will not seek the rescission of the transactions contemplated by the Merger Agreement or this Member Acknowledgement. 

 

	11.	Subject to paragraph 12 below, the Member acknowledges and agrees that each of Buyer and Holder Representative is relying upon the representations, warranties and agreements contained herein, and Buyer is further
relying upon any decision, act, consent or instruction of the Holder Representative in its capacity as such. Following payment by Buyer of the consideration identified on Exhibit A hereto as to be paid to the Member at Closing, none of Buyer,
any of its Subsidiaries, the Surviving Company or any Company Related Person will have any further obligations or liabilities to the Member, any Member Related Person or any other Selling Member, the Holder Representative or otherwise, in each case,
with respect to such payment (and only such payment and not any matter provided for in paragraph 12) or the allocation of such payment and the Member hereby waives any and all claims against Buyer, the Surviving Company and their respective
Subsidiaries and Affiliates and Holder Representative with respect to such payment and the allocation of such payment, other than claims in respect of any payments required to be made to such Member (or, at the direction of such Member, such
Member’s designees) after the Closing pursuant to Article III (including the delivery of instruments and forms of consideration contemplated thereby) or Article XII of the Merger Agreement and any payments to be made to such Member (or, at the
direction of such Member, such Member’s designees) pursuant to the Escrow Agreement. 

  

	12.	 Notwithstanding anything herein to the contrary, nothing in this Member Acknowledgement shall be deemed a waiver
or release of, and the Released Claims shall not include (a) any rights of the Member to any payment of its portion of the Final Net Merger Consideration in accordance with the terms of the Merger Agreement and the Escrow Agreement or any
rights of 

	 	
such Member under the Merger Agreement, the Escrow Agreement, the Registration Rights Agreement, the Put Right Agreement or any other transaction documents entered into in connection therewith
(including the delivery of instruments and forms of consideration contemplated thereby), which right may be exercised exclusively by such Member, (b) any rights or claims of the Member or any Member Related Person, or any obligation which the
Company or any of its Subsidiaries has to the Member or Member Related Persons, arising pursuant to the certificate of formation, limited liability company agreement, certificate of incorporation or bylaws, as applicable, of the Company or any of
its Subsidiaries, in each case solely in respect of indemnification (and/or advancement of expenses in connection therewith) from the Company or any of its Subsidiaries as a result of such Member or any of its employees or Affiliates or Member
Related Persons having served as a director, manager or officer of the Company or any of its Subsidiaries prior to the Effective Time, but in each case subject to the limitations provided by applicable Law or set forth in Section 8.1
(Indemnification and Insurance) of the Merger Agreement, or (c) any rights or claims of the Member or any Member Related Person, or any obligation or liability which the Buyer or any Company Related Persons has to the Member or any Member
Related Person, existing in the past, now or in the future, other than the Released Claims. 

  

	13.	The Member agrees that, from time to time after the Effective Time, it will execute and deliver, or cause its Affiliates to execute and deliver, such further instruments, and take (or cause it Affiliates to take) such
other action, as may be reasonably necessary to carry out the purposes and intents of the Merger Agreement and this Member Acknowledgement. 

  

	14.	The Member hereby acknowledges that it has read the instructions accompanying this Member Acknowledgement. The delivery hereof will, subject to payment of the portion of the Estimated Net Merger Consideration required
to be paid to the Member under the Merger Agreement on the Closing Date, be irrevocable. 

  

	15.	The Member shall bear its own expenses (except to the extent such expenses constitute Company Transaction Expenses) incurred in connection with this Member Acknowledgement, the Merger Agreement, the Escrow Agreement,
the Put Right Agreement and (except as otherwise expressly provided therein) the Registration Rights Agreement and the transactions contemplated hereby and thereby, including all fees of its legal counsel, financial advisers and accountants;
provided, however, that any fees and expenses of the Auditor, if any, incurred pursuant to Section 3.4(b) of the Merger Agreement shall be paid in accordance with such Section 3.4(b). 

 

	16.	 The Member acknowledges and agrees that Buyer intends to issue a press release on the date hereof in the form
attached to the Merger Agreement. The Member further agrees to keep the terms of this Member Acknowledgement and the Merger Agreement (and all discussions, negotiations and other confidential information exchanged among the parties to the Merger
Agreement prior to the date hereof) confidential, except to the extent and to the Persons to whom disclosure is required by applicable Law; provided, that the Member may disclose such confidential information (i) to its employees,
accountants, advisors, counsel, investors, family members of investors and other representatives (including employees, accountants, counsel, advisors and their representatives of Affiliates of the Member) as necessary in connection with the
monitoring or enforcement of its rights under this Member Acknowledgement and the Registration Rights Agreement, (ii) to its actual and prospective investors or lenders, or (iii) for purposes of compliance with financial reporting
obligations or fiduciary obligations of such 

	 	
Member or its Affiliates, in each case so long as such Persons agree to, or are bound by contract or professional or fiduciary obligations to, keep such information confidential and so long as
the Member shall be responsible for breach of this paragraph 16 or such confidentiality obligations by the recipients of its disclosure. The Member shall, and shall cause the Member Related Persons to, treat confidentially and not disclose all or
any portion of any such confidential information; provided, that the Member and the Member Related Persons may make any disclosure of such information that is permitted pursuant to the immediately preceding sentence; and provided,
further, that confidential information shall not include information which is or becomes generally available to the public other than as a result of a disclosure by the Member in violation of this Member Acknowledgement or any other
confidentiality agreement to which such Member is a party. 

  

	17.	Nothing expressed or implied in this Member Acknowledgement is intended or shall be construed to confer upon or give any Person any right or remedies under or by reason of this Member Acknowledgement; provided,
however, that, notwithstanding the foregoing (a) the Buyer Indemnified Parties are intended third-party beneficiaries of paragraph 6(b) and the last sentence of paragraph 18 and (b) each Company Related Person is an intended
third-party beneficiary of paragraph 10. 

  

	18.	Upon the written request of a Selling Member, the Holder Representative agrees to request from the Buyer any information or assistance needed by a Selling Member (or its beneficial owners) that the Buyer is required to
provide with respect to such Selling Member (or its beneficial owners) under Section 9.2(a) of the Merger Agreement. 

  

	19.	The provisions of Article I (Certain Definitions), Sections 13.1 (Waiver), 13.2 (Notices), 13.3 (Assignment), 13.6 (Governing Law), 13.7 (Captions; Counterparts), 13.9 (Entire Agreement), 13.10 (Amendments), 13.12
(Severability), 13.13 (Jurisdiction; Waiver of Jury Trial), 13.14 (Enforcement) and 13.15 (Non-Recourse) of the Merger Agreement are incorporated herein mutatis mutandis by this reference;
provided, that (a) references to “this Agreement,” “hereto,” “hereunder,” and similar references in such sections of the Merger Agreement shall pertain to this Member Acknowledgement (except that for
purposes of Section 13.9, such references shall pertain to this Member Acknowledgement in addition to, and not in place of, the Merger Agreement), (b) references to “each party” or “the parties” and similar references in the
Merger Agreement shall pertain to the parties hereto, (c) for purposes of Section 13.2 of the Merger Agreement, notices and all other communications hereunder shall be delivered to the Member at the address set forth on the signature page
hereto and (d) from and after the Closing, the Member shall be entitled to assign any rights to payments under the Merger Agreement or the Escrow Agreement or any of the instruments or forms of consideration contemplated by Article III of the
Merger Agreement to any Affiliate, any Member Related Person, and any family member or any trust for any family member of any direct or indirect equity holder of the Member or any Affiliate of any such family member and the restrictions on
assignment shall not be deemed to restrict or limit the ability of the Member to assign or transfer the Preferred Stock Consideration. Claims with respect to breaches of the representations and warranties contained in this Member Acknowledgement
shall be subject to and determined in accordance with Article XII (Indemnification) of the Merger Agreement, including, for the avoidance of doubt, that the Indemnification Escrow Funds then remaining in escrow shall serve as the sole and exclusive
source of payment of any claim with respect to breaches of the representations and warranties contained in this Member Acknowledgement. 

	20.	Except as provided in this Member Acknowledgement, neither the Member nor any of its Affiliates (other than the Company), nor any of their respective directors, officers, employees, direct or indirect equity holders,
stockholders, partners, members or representatives (including any Member Related Person), has made, or is making, any representation or warranty regarding such Member, the Company or the Company’s Subsidiaries to Buyer, Merger Sub or their
respective Affiliates, directors, officers, employees, stockholders, partners, members or representatives, and no such party shall be liable in respect of the accuracy or completeness of any information provided to Buyer or Merger Sub or their
respective Affiliates, directors, officers, employees, stockholders, partners, members or representatives. 

 [Signature
Page Follows] 

 PLEASE REFER TO THE INSTRUCTIONS ATTACHED HERETO IN COMPLETING THIS SIGNATURE PAGE 

 

			
	 WIRE INSTRUCTIONS
  

(Please see instruction 1 on enclosed instructions)

 
 Bank: _______________________________________________

 
 ABA Number: ________________________________________

 
 SWIFT Code: ________________________________________

 
 Account Name: _______________________________________

 
 Account Number: ___________________________________
	  	 BOOK ENTRY DEPOSIT INSTRUCTIONS
  

(Please see instruction 2 on enclosed instructions)

 
 Name of Holder: __________________________________

  

			
	GREATER CHINA INDUSTRIAL INVESTMENTS LLC
		
	By:	 	 /s/ Wesley Bieligk

	Name:	 	Wesley Bieligk
	Title:	 	Authorized Signatory

 [Signature Page to Member
Acknowledgement] 

 
			
	GREATER CHINA INDUSTRIAL INVESTMENTS LLC
		
	By:	 	 /s/ Wesley Bieligk

	Name:	 	Wesley Bieligk
	Title:	 	Authorized Signatory

 
			
	SEASPAN CORPORATION

 
			
		
	By:	 	 /s/ Bing Chen

	Name:	 	Bing Chen
	Title:	 	President and Chief Executive Officer

 
			
	GREATER CHINA INTERMODAL INVESTMENTS LLC
		
	By:	 	 /s/ Wesley Bieligk

	Name:	 	Wesley Bieligk
	Title:	 	Authorized Signatory

 
			
	
	GREATER CHINA INDUSTRIAL INVESTMENTS LLC, in its capacity as Holder Representative
		
	By:	 	 /s/ Wesley Bieligk

	Name:	 	Wesley Bieligk
	Title:	 	Authorized Signatory

 EXHIBIT A 

Allocation of Cash Consideration and Preferred Stock Consideration 

 INSTRUCTIONS TO MEMBER ACKNOWLEDGEMENT 

 

	1.	Please provide wire transfer instructions for you and your designees. Your portion of the Cash Consideration payable on the Closing Date (and any subsequent payment of your portion of the Adjustment Amount, the cash
Escrow Funds and any additional cash amounts payable pursuant to Article III and Article XII of the Merger Agreement) will be sent by wire transfer directly to the account(s) set forth opposite your name and the name of your designees under the
heading “Wire Instructions” on the signature page or Exhibit A hereto. If the box on the signature page and/or set forth opposite your name or the name of your designee on Exhibit A is left blank and such wire instructions are not
provided, a check will be issued in the name of, and delivered to, you at the address set forth on the signature page hereto (or if an address is not provided, to your address set forth in the Company LLC Agreement). 

 

	2.	Please provide book entry deposit instructions for you and your designees. Your portion of the Preferred Stock Consideration deliverable on the Closing Date will be issued and registered in your name (or the name of
your designee) as specified under the heading “Book Entry Deposit Instructions” on the signature page or Exhibit A hereto, as applicable, by the Buyer’s transfer agent, American Stock Transfer & Trust Company, LLC (the
“Transfer Agent”). Buyer has agreed pursuant to the Merger Agreement to deliver, or cause the Transfer Agent to deliver, to you or your designee such documents as reasonably requested by you to evidence your or your designee’s,
as applicable, ownership of the Preferred Stock Consideration. 

  

	3.	Please mail this Member Acknowledgement, properly completed and duly executed, together with an IRS Form W-9 or appropriate IRS Form W-8 to
the following address: 

 Latham & Watkins LLP 

555 11th Street, NW, Suite 1000 

Washington, DC 20004-1304 

Attention: Aaron Hullman 

Facsimile: +1.202.637.2201     

The IRS Form W-9 and the appropriate IRS Form W-8 may be
downloaded from the IRS website at the following address: http://apps.irs.gov/app/picklist/list/formsPublications.html. 
  

	4.	IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE MERGER AGREEMENT, THE MEMBER WILL NOT RECEIVE PAYMENT OF ITS PORTION OF THE ESTIMATED NET MERGER CONSIDERATION IN RESPECT OF ITS EXCHANGED INTEREST UNLESS AND UNTIL
THIS MEMBER ACKNOWLEDGEMENT IS DELIVERED IN ACCORDANCE HEREWITH AND THE OTHER CLOSING CONDITIONS SET FORTH IN ARTICLE X OF THE MERGER AGREEMENT HAVE BEEN WAIVED OR SATISFIED. DELIVERY TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE DOES NOT CONSTITUTE
VALID DELIVERY.EX-4.5

 Exhibit 4.5 

ESCROW AGREEMENT 
 This Escrow Agreement,
dated this 13th day of March, 2018 (this “Escrow Agreement”), is entered into by and among SEASPAN CORPORATION, a corporation incorporated under the laws of the Republic of the Marshall Islands (“Buyer”), GREATER
CHINA INDUSTRIAL INVESTMENTS LLC, a limited liability company formed under the laws of the Republic of the Marshall Islands (the “Holder Representative” and, together with Buyer, the “Parties” and, each
individually, a “Party”), and WILMINGTON TRUST, N.A., as escrow agent (the “Escrow Agent”). Capitalized terms used and not otherwise defined herein have the meanings ascribed to such terms in the Merger Agreement
(as defined below). 
 RECITALS 

WHEREAS, Buyer, Seaspan Investments III LLC, a limited liability company formed under the laws of the Republic of the Marshall Islands and a
wholly-owned indirect subsidiary of Buyer, Greater China Intermodal Investments LLC, a limited liability company formed under the laws of the Republic of the Marshall Islands (the “Company”), and the Holder Representative, solely in
its capacity as the Holder Representative thereunder, are parties to that certain Agreement and Plan of Merger, dated as of the date hereof (the “Merger Agreement”); 

WHEREAS, pursuant to the Merger Agreement, Buyer is depositing an amount in cash equal to $5,000,000 (the “Adjustment Escrow
Funds”) into an escrow account (the “Adjustment Escrow Account”) in order to provide the sole source of funds for the payment of certain amounts that may become payable to Buyer under Section 3.4(d) of the Merger
Agreement; 
 WHEREAS, pursuant to the Merger Agreement, Buyer is depositing an amount in cash equal to $10,000,000 (the
“Indemnification Escrow Funds”) into an escrow account (the “Indemnification Escrow Account” and, together with the Adjustment Escrow Account, the “Escrow Accounts”) in order to provide the sole
source of funds for the payment of certain amounts that may become payable to Buyer under Article XII of the Merger Agreement; and 

WHEREAS, in the event that the Holder Representative determines, in its sole and absolute discretion, that the funds paid to the Holder
Representative pursuant to Section 3.5 of the Merger Agreement exceed the Holder Representative Expenses, prior to the final release of the Indemnification Escrow Property (as defined below), the Holder Representative may
transfer such excess amount (the “Excess Amount”) to the Escrow Agent solely for disbursement to the Selling Members as Final Net Merger Consideration in accordance with their respective Allocation Percentages and Section 11.2
of the Merger Agreement. 
 NOW, THEREFORE, in consideration of the promises and agreements of the Parties and the Escrow Agent and for
other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties and the Escrow Agent agree as follows: 

 ARTICLE 1 

ESCROW DEPOSITS AND DISTRIBUTIONS 

Section 1.1 Escrow Accounts 
 (a)
Delivery and Receipt of Escrow Funds. On the date hereof and as soon as practicable after the Effective Time, Buyer shall deliver or cause to be delivered to the Escrow Agent (i) an amount in cash, in immediately available funds, equal
to the Adjustment Escrow Funds and (ii) an amount in cash, in immediately available funds, equal to the Indemnification Escrow Funds. The Escrow Agent agrees to hold in escrow, in accordance with this Escrow Agreement, (A) the Adjustment
Escrow Funds (the “Adjustment Escrow Property”) and (B) the Indemnification Escrow Funds (the “Indemnification Escrow Property” and, together with the Adjustment Escrow Property, the “Escrow
Property”). The Escrow Agent hereby agrees to retain the Escrow Property in one or more separate accounts. 
 (b) Investment of
Cash. 
 (i) The Escrow Agent shall invest any Escrow Property in accordance with a joint written instruction (any such
instruction, a “Joint Written Instruction”) provided to the Escrow Agent and signed by the Parties. In the absence of a Joint Written Instruction to the contrary, the Escrow Agent shall deposit all cash included in such Escrow
Property in a “non-interest bearing trust account” insured by the Federal Insurance Corporation (“FDIC”) to the applicable limits, which is further described on Exhibit A
hereto. 
 (ii) The Escrow Agent is hereby authorized and directed to sell or redeem any such investments as it deems
necessary to make any payments or distributions required under this Escrow Agreement with regard to the Escrow Accounts. The Escrow Agent shall have no responsibility or liability for any loss which may result from any investment or sale of
investment made in accordance with this Escrow Agreement. The Escrow Agent is hereby authorized, in making or disposing of any investment permitted by this Escrow Agreement, to deal with itself (in its individual capacity) or with any one or more of
its affiliates, whether it or any such affiliate is acting as agent of the Escrow Agent or for any third person or dealing as principal for its own account. The Parties acknowledge that the Escrow Agent is not providing investment supervision,
recommendations, or advice. 
 (c) Disbursements. Subject to Section 1.3(b), the Escrow Agent shall disburse
the Escrow Property in accordance with the following: 
 (i) Within three (3) Business Days of the Determination Date,
in accordance with Section 3.4(d) of the Merger Agreement, the Parties shall deliver a Joint Written Instruction to the Escrow Agent authorizing distribution to (A) Buyer or its designee, of the Adjustment Escrow Property owing to Buyer
pursuant to the second sentence of Section 3.4(d) of the Merger Agreement (such amount, the “Buyer Adjustment Payment”), if any, from the Adjustment Escrow Account and (B) each Selling Member (or its designees set forth on
Exhibit B, or any of their successors or permitted assigns) a portion of the Adjustment Escrow Property equal to (x) such Selling Member’s (or such designees’) Allocation Percentage set forth on Exhibit B
multiplied by (y) the aggregate amount of all Adjustment Escrow Property payable to the Selling Members (or their designees). The Escrow Agent shall release the Adjustment Escrow Property as specified in such Joint Written Instruction.

  
 2 

 (ii) In accordance with Article XII of the Merger Agreement, in the event that it
is determined or agreed by the Parties that Buyer (on behalf of itself or any other Buyer Indemnified Party) is entitled to any distribution from the Indemnification Escrow Account pursuant to Article XII of the Merger Agreement (the amount of any
such required distribution, an “Indemnification Distribution Amount”), then the Parties shall deliver a Joint Written Instruction to the Escrow Agent that indicates that a Buyer Indemnified Party is entitled to payment of an
Indemnification Distribution Amount and that specifies the amount of cash to which such Buyer Indemnified Party is entitled (it being understood that the Escrow Agent will not be responsible for the calculations associated therewith), and the Escrow
Agent shall release Indemnification Escrow Property and deliver to the Buyer Indemnified Party the amount of cash held in escrow as specified in such Joint Written Instruction. 

(iii) On the second (2nd) Business Day after March 13, 2019 (such
date, the “Escrow Release Date”), all Indemnification Escrow Property (if any) shall be released to the Selling Members (or their designees set forth on Exhibit B) pro rata in accordance with the Allocation Percentages set forth
opposite such Selling Members’ (or their designees’) names on Exhibit B; provided, however, that if any claim pursuant to Article XII of the Merger Agreement has been properly asserted by any Buyer Indemnified Party in
accordance with the Merger Agreement on or prior to the Escrow Release Date (any such claim, a “Pending Claim”), (A) the Indemnification Escrow Property released to the Selling Members (or their designees set forth on Exhibit
B) shall be equal to the amount of Indemnification Escrow Property then held by the Escrow Agent, minus the amount of Indemnification Escrow Property equal to the aggregate amount of such Pending Claim(s) and (B) any Indemnification
Escrow Property that remains in the Indemnification Escrow Account following the Escrow Release Date in respect of any such Pending Claim shall be released to the Selling Members (or their designees set forth on Exhibit B) pro rata in
accordance with the Allocation Percentages set forth opposite such Selling Members’ (or their designees’) names on Exhibit B promptly upon resolution or (if applicable) satisfaction of such Pending Claim(s). In each case in which
this Section 1.1(c)(iii) provides for the release of Indemnification Escrow Property, each of Buyer and the Holder Representative shall promptly submit a Joint Written Instruction to the Escrow Agent instructing the Escrow
Agent to distribute the Indemnification Escrow Property in accordance with this Section 1.1(c)(iii) and the Merger Agreement. 

(iv) In the event Buyer files an indemnification claim with the Holder Representative pursuant to Article XII of the Merger
Agreement (with a copy to the Escrow Agent) and (x) Buyer and the Escrow Agent receive a written objection from the Holder Representative to a portion (but not the entire amount) of the amount set forth in Buyer’s indemnification claim
notice within thirty (30) days of delivery of such claim notice, then the Escrow Agent shall disburse to Buyer or its designee the portion of the Indemnification Escrow Property that is not disputed by the Holder Representative within five
(5) Business Days following the Escrow Agent’s receipt of such written objection 

  
 3 

 
and retain such disputed portion of the Buyer’s indemnification claim in the Indemnification Escrow Account, or (y) neither Buyer nor the Escrow Agent receives a written objection from
the Holder Representative within thirty (30) days of delivery of such indemnification claim by Buyer, then the Escrow Agent shall disburse to Buyer or its designee the portion of the Indemnification Escrow Property set forth in Buyer’s
indemnification claim notice within five (5) Business Days following the expiration of such thirty (30) day period. In the event that Buyer, on behalf of itself or any of the Buyer Indemnified Parties, (A) submits to the Holder
Representative and the Escrow Agent a written notice alleging that Buyer is entitled to any payment from the Adjustment Escrow Property or the Indemnification Escrow Property, as the case may be, pursuant to Section 3.4(d) of the Merger
Agreement and/or Article XII of the Merger Agreement, as applicable, that is not addressed by Joint Written Instructions pursuant to Section 1.1(c)(i) or Section 1.1(c)(ii) hereof or has otherwise
been objected to in full by written notice of the Holder Representative to the Escrow Agent and Buyer, and (B) thereafter delivers to the Escrow Agent and the Holder Representative a copy of a Final Order (as hereinafter defined) directing
delivery of the relevant Escrow Property or any portion thereof (any such amount, the “Court Ordered Amount”) to Buyer pursuant to Section 3.4(d) or Article XII, as applicable, of the Merger Agreement, the Escrow Agent shall
disburse to Buyer or its designee, within five (5) Business Days following receipt of such Final Order, from the Adjustment Escrow Account or the Indemnification Escrow Account, as applicable, the amount of Escrow Property equal to the Court
Ordered Amount, as provided in such Final Order; provided that any such Final Order shall be accompanied by a Final Order Certificate (as hereinafter defined). The Escrow Agent shall act on such Final Order and Final Order Certificate without
further question. As used in this Escrow Agreement, (i) “Final Order” means an order or judgment of a court of competent jurisdiction, whether delivered by Buyer under this Section 1.1(c)(iv) or delivered
by the Holder Representative pursuant to Section 1.1(c)(v) or otherwise, (x) that has not been reversed, stayed, modified or amended and (y) as to which the time to appeal or seek review, reconsideration or
rehearing has expired and as to which no appeal, petition for certiorari, or motion or written request for review, reconsideration or rehearing is pending, and (ii) a “Final Order Certificate” means a certificate of the party
submitting a Final Order to the Escrow Agent to the effect that such final order is a Final Order hereunder.  

(v) In the event that the Holder Representative, on behalf of itself or any other Selling Member, (A) submits to Buyer and
the Escrow Agent a written notice alleging that one or more of the Selling Members (or their designees) is entitled to any payment from the Adjustment Escrow Property or the Indemnification Escrow Property, as the case may be, pursuant to
Section 3.4(d) and/or Article XII of the Merger Agreement, as applicable, that is not addressed by Joint Written Instructions pursuant to Section 1.1(c)(i) or
Section 1.1(c)(ii) hereof or has otherwise been objected to in full by written notice of Buyer to the Escrow Agent and Holder Representative, and (B) thereafter delivers to the Escrow Agent and Buyer a copy of a Final
Order directing delivery of a Court Ordered Amount to one or more of the Selling Members (or their designees) pursuant to Section 3.4(d) or Article XII, as applicable, of the Merger Agreement, the Escrow Agent shall
disburse from the Adjustment Escrow Account or the Indemnification Escrow Account, as applicable, to such Selling Members or their respective designees, within five (5) Business Days following receipt of such Final Order, an amount of Escrow
Property equal to the Court Ordered Amount, as provided in such Final Order; provided that any such Final Order shall be accompanied by a Final Order Certificate. 

  
 4 

 (vi) In the event that the Escrow Agent makes any payment to any person pursuant
to this Escrow Agreement and for any reason such payment (or any portion thereof) is required to be returned to the Escrow Accounts or paid to another person or is subsequently invalidated, declared to be fraudulent or preferential, set aside and/or
required to be paid to a receiver, trustee or other person under any bankruptcy or insolvency law, other federal or state law, common law or equitable doctrine, then the recipient thereof shall repay such amount to the Escrow Agent upon written
request from the Escrow Agent. 
 (vii) The Escrow Agent shall, in its sole discretion, comply with judgments or orders
issued or process entered by any court with respect to the Escrow Property, including without limitation any attachment, levy or garnishment, without any obligation to determine such court’s jurisdiction in the matter and in accordance with its
normal business practices. If the Escrow Agent complies with any such judgment, order or process, then it shall not be liable to any Party or any other person by reason of such compliance, regardless of the final disposition of any such judgment,
order or process. 
 (viii) In the event that a Party provides transfer instructions for any Escrow Property (other than in
writing at the time of execution of this Escrow Agreement), whether in writing, by telecopier or otherwise, the Escrow Agent is authorized to seek confirmation of such instructions by telephone call-back to the authorized person or persons of such
Party, and the Escrow Agent may rely upon the confirmations of anyone purporting to be the person or persons so designated provided no call back is required if the Escrow Agent receives original instructions. The persons and telephone numbers for
callbacks may be changed only in a writing actually received and acknowledged by the Escrow Agent. The Parties agree that such security procedure is commercially reasonable. 

(ix) The Escrow Agent will furnish monthly statements to the Parties setting forth the activity in the Escrow Accounts. 

(x) The Escrow Agent shall disburse the Escrow Property, if, as and when authorized by this Escrow Agreement by wire transfer
of immediately available funds to the bank account or accounts designated on Exhibit B or Exhibit C, as applicable, or as otherwise designated by the party being paid in a written notice received by the Escrow Agent prior to such
payment. 
 Section 1.2 Escrow Property. During the term hereof, neither the Holder Representative nor the Selling Members will sell, assign,
transfer or otherwise dispose of, grant any option with respect to, or enter into any swap or other arrangement that transfers all or any portion of the economic consequences associated with, or pledge or grant any security interest in, or otherwise
encumber any part of the Indemnification Escrow Property. 
 Section 1.3 [Reserved]. 

  
 5 

 Section 1.4 Excess Amount. Pursuant to Section 11.2 of the Merger Agreement, in the event that
the Holder Representative transfers the Excess Amount to the Escrow Agent for disbursement to the Selling Members (or their designees) as Merger Consideration, the Escrow Agent shall distribute such Excess Amount to each of the Selling Members (or
their designees set forth on Exhibit B) pro rata in accordance with their respective Allocation Percentages pursuant to a written instruction from the Holder Representative. In no event shall such Excess Amount become part of the Escrow
Property or otherwise become payable to Buyer. 
 Section 1.5 Income Tax Allocation and Reporting. To the extent that the Escrow Agent becomes
liable for the payment of any taxes in respect of income derived from the investment of the Escrow Property, the Escrow Agent shall satisfy such liability to the extent possible from the Escrow Property. The Parties, jointly and severally, shall
indemnify, defend and hold the Escrow Agent harmless from and against any tax, late payment, interest, penalty or other cost or expense that may be assessed against the Escrow Property on or with respect to the Escrow Property and the investment
thereof unless such tax, late payment, interest, penalty or other expense was directly caused by the gross negligence or willful misconduct of the Escrow Agent. The indemnification provided by this Section 1.5 is in
addition to the indemnification provided in Section 3.1 and shall survive the resignation or removal of the Escrow Agent and the termination of this Escrow Agreement. 

Section 1.6 Termination. Upon the disbursement of all of the Escrow Property, this Escrow Agreement shall terminate and be of no further force and
effect except that the provisions of Section 1.5, Section 3.1 and Section 3.2 hereof shall survive termination. 

ARTICLE 2 
 DUTIES OF THE ESCROW
AGENT 
 Section 2.1 Scope of Responsibility. Notwithstanding any provision to the contrary, the Escrow Agent is obligated only to perform the
duties specifically set forth in this Escrow Agreement, which shall be deemed purely ministerial in nature. Under no circumstances will the Escrow Agent be deemed to be a fiduciary to any Party or any other person under this Escrow Agreement. The
Escrow Agent will not be responsible or liable for the failure of any Party to perform in accordance with this Escrow Agreement. The Escrow Agent shall neither be responsible for, nor chargeable with, knowledge of the terms and conditions of any
other agreement, instrument, or document other than this Escrow Agreement, whether or not an original or a copy of such agreement has been provided to the Escrow Agent; and the Escrow Agent shall have no duty to know or inquire as to the performance
or nonperformance of any provision of any such agreement, instrument, or document. References in this Escrow Agreement to any other agreement, instrument, or document are for the convenience of the Parties, and the Escrow Agent has no duties or
obligations with respect thereto. This Escrow Agreement sets forth all matters pertinent to the escrow contemplated hereunder, and no additional obligations of the Escrow Agent shall be inferred or implied from the terms of this Escrow Agreement or
any other agreement. 
 Section 2.2 Attorneys and Agents. The Escrow Agent shall be entitled to rely on, and shall not be liable for any action
taken or omitted to be taken by the Escrow Agent in accordance with, the advice of counsel or other professionals retained or consulted by the Escrow Agent. The 

  
 6 

 
Escrow Agent shall be reimbursed as set forth in Section 3.1 for reasonable compensation (fees, expenses and other costs) paid and/or reimbursed to such counsel and/or
professionals. The Escrow Agent may perform any and all of its duties through its agents, representatives, attorneys, custodians, and/or nominees. 

Section 2.3 Reliance. The Escrow Agent shall not be liable for any action taken or not taken by it in accordance with the direction or consent of
the Parties or their respective agents, representatives, successors, or assigns. The Escrow Agent shall not be liable for acting or refraining from acting upon any notice, request, consent, direction, requisition, certificate, order, affidavit,
letter, or other paper or document reasonably believed by it to be genuine and correct and to have been signed or sent by the proper person or persons, without further inquiry into the person’s or persons’ authority. Concurrent with the
execution of this Escrow Agreement, Buyer and the Holder Representative shall deliver to the Escrow Agent authorized signers’ forms in the form of Exhibit D-1 and
Exhibit D-2, respectively, to this Escrow Agreement. Either Party may change any of their respective authorized signers by delivering written notice to the other parties to
this Escrow Agreement, in which event the Escrow Agent shall update Exhibit D-1 or Exhibit D-2, as applicable, to reflect such
change. 
 Section 2.4 Right Not Duty Undertaken. The permissive rights of the Escrow Agent to do things enumerated in this Escrow Agreement
shall not be construed as duties. 
 ARTICLE 3 

PROVISIONS CONCERNING THE ESCROW AGENT 

Section 3.1 Indemnification. The Parties hereby agree, jointly and severally, to indemnify the Escrow Agent and its directors, officers, employees
and agents (collectively, the “Indemnified Parties”), and to hold the Indemnified Parties harmless from any and against all liabilities, losses, actions, suits or proceedings at law or in equity, and any other expenses, fees or
charges of any character or nature, including, without limitation, reasonable attorney’s fees and expenses, which an Indemnified Party may incur or with which it may be threatened by reason of acting as or on behalf of the Escrow Agent under
this Escrow Agreement or arising out of the existence of the Escrow Accounts, except to the extent the same shall be caused by the Escrow Agent’s fraud, gross negligence or willful misconduct. The terms of this paragraph shall survive
termination of this Escrow Agreement. 
 Section 3.2 Limitation of Liability. The Escrow Agent shall not be liable, directly or indirectly, for
any (i) Damages arising out of the services provided hereunder, other than Damages which have been finally adjudicated to have directly resulted from the Escrow Agent’s fraud, gross negligence or willful misconduct, or (ii) special,
indirect or consequential damages or losses of any kind whatsoever (including without limitation lost profits), even if the Escrow Agent has been advised of the possibility of such losses or damages and regardless of the form of action. 

Section 3.3 Resignation or Removal. The Escrow Agent may resign by furnishing written notice of its resignation to the Parties, and the Parties
may remove the Escrow Agent by furnishing to the Escrow Agent a joint written notice of its removal along with payment of all fees and expenses to which it is entitled through the date of termination. Such resignation or removal, as the case may be,
shall be effective thirty (30) days after the delivery of such notice or 

  
 7 

 
upon the earlier appointment of a successor, and the Escrow Agent’s sole responsibility thereafter shall be to safely keep the Escrow Property and to deliver the same to a successor escrow
agent as shall be appointed by the Parties, as evidenced by a joint written notice filed with the Escrow Agent or in accordance with a court order. If the Parties have failed to appoint a successor escrow agent prior to the expiration of thirty
(30) days following the delivery of such notice of resignation or removal, the Escrow Agent may petition any court of competent jurisdiction for the appointment of a successor escrow agent or for other appropriate relief, and any such resulting
appointment shall be binding upon the Parties. Should any instrument be required by any successor escrow agent to more fully vest in such successor agent the duties, responsibilities and obligations hereby vested or intended to be vested in the
predecessor, any and all such instruments in writing shall, upon the reasonable request of the Buyer or the Holder Representative, be executed, acknowledged and delivered by the predecessor. 

Section 3.4 Compensation. The Escrow Agent shall be entitled to compensation for its services as stated in the fee schedule attached hereto as
Exhibit E. Fifty percent (50%) of such fees shall be paid by Buyer and fifty percent (50%) of such fees shall be paid by the Holder Representative. The fees agreed upon for the services rendered hereunder are intended as compensation for the
Escrow Agent’s services as contemplated by this Escrow Agreement; provided, however, that in the event that the conditions for the disbursement of funds under this Escrow Agreement are not fulfilled, or the Escrow Agent renders
any service not contemplated in this Escrow Agreement, or there is any assignment of interest in the subject matter of this Escrow Agreement, or any material modification hereof, or if any material controversy arises hereunder, or if the Escrow
Agent is made a party to any litigation pertaining to this Escrow Agreement or the subject matter hereof other than as a result of the Escrow Agent’s fraud, gross negligence or willful misconduct, then, in each case, the Escrow Agent shall be
compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorneys’ fees and expenses, occasioned by any such delay, controversy, litigation or event. In any such event, any such compensation
due or owing to the Escrow Agent shall be paid fifty percent (50%) by Buyer and fifty percent (50%) by the Holder Representative.    The Escrow Agent shall have, and is hereby granted, a prior lien upon the Escrow Property with
respect to its unpaid fees, non-reimbursed expenses and unsatisfied indemnification rights, superior to the interests of any other persons or entities and is hereby granted the right to set off and deduct any
unpaid fees, non-reimbursed expenses and unsatisfied indemnification rights from the Escrow Property. The terms of this paragraph shall survive termination of this Escrow Agreement. 

Section 3.5 Disagreements. If any conflict, disagreement or dispute arises between, among, or involving any of the parties hereto concerning the
meaning or validity of any provision hereunder or concerning any other matter relating to this Escrow Agreement, or the Escrow Agent is in doubt as to the action to be taken hereunder, the Escrow Agent may, at its option, retain the Escrow Property
until the Escrow Agent (i) receives a Final Order and Final Order Certificate, (ii) receives a Joint Written Instruction from Buyer and the Holder Representative, or (iii) files an interpleader action in any court of competent
jurisdiction, set forth in Section 4.11, and upon the filing thereof, the Escrow Agent shall be relieved of all liability as to the Escrow Property and shall be entitled to recover reasonable attorneys’ fees, expenses
and other costs incurred in commencing and maintaining any such interpleader action. The Escrow Agent shall be entitled to act on any such Joint Written Instruction or Final Order without further question, inquiry, or consent. 

  
 8 

 Section 3.6 Merger or Consolidation. Any corporation or association into which the Escrow Agent may
be converted or merged, or with which it may be consolidated, or to which it may sell or transfer all or substantially all of its corporate trust business and assets as a whole or substantially as a whole, or any corporation or association resulting
from any such conversion, sale, merger, consolidation or transfer to which the Escrow Agent is a party, shall be and become the successor escrow agent under this Escrow Agreement and shall have and succeed to the rights, powers, duties, immunities
and privileges of its predecessor, without the execution or filing of any instrument or paper or the performance of any further act. 
 Section 3.7
Attachment of Escrow Property; Compliance with Legal Orders. In the event that any Escrow Property shall be attached, garnished or levied upon by any court order, or the delivery thereof shall be stayed or enjoined by an order of a court, or
any order, judgment or decree shall be made or entered by any court order affecting the Escrow Property, the Escrow Agent is hereby expressly authorized, in its sole discretion, to respond as it deems appropriate or to comply with all writs, orders
or decrees so entered or issued, or which it is advised by legal counsel of its own choosing is binding upon it, whether with or without jurisdiction. In the event that the Escrow Agent obeys or complies with any such writ, order or decree, it shall
not be liable to any of the Parties or to any other person, firm or corporation, should, by reason of such compliance notwithstanding, such writ, order or decree be subsequently reversed, modified, annulled, set aside or vacated. 

Section 3.8 Force Majeure. The Escrow Agent shall not be responsible or liable for any failure or delay in the performance of its obligation under
this Escrow Agreement arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of God; earthquakes; fire; flood; wars; acts of terrorism; civil or military disturbances;
sabotage; epidemic; riots; interruptions, loss or malfunctions of utilities, computer (hardware or software) or communications services; accidents; labor disputes; acts of civil or military authority or governmental action; it being understood that
the Escrow Agent shall use commercially reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as reasonably practicable under the circumstances. 

Section 3.9 Compliance with Legal Orders. The Escrow Agent shall be entitled to consult with legal counsel in the event that a question or dispute
arises with regard to the construction of any of the provisions hereof. 
 Section 3.10 Conflicting Instructions. In the event that the Escrow
Agent receives conflicting instructions hereunder, the Escrow Agent shall be fully protected in refraining from acting until such conflict is resolved to the satisfaction of the Escrow Agent. 

Section 3.11 No Financial Obligation. The Escrow Agent shall not be required by any provision of this Escrow Agreement to use its own funds in the
performance of any of its obligations or duties or the exercise of any of its rights or powers, and shall not be required by any provision of this Escrow Agreement to take any action which, in the Escrow Agent’s sole and absolute judgment,
could require the Escrow Agent to incur an expense or financial liability unless furnished with security and indemnity which it deems, in its sole and absolute discretion, to be satisfactory. 

  
 9 

 ARTICLE 4 

MISCELLANEOUS 
 Section 4.1 Successors and
Assigns. This Escrow Agreement shall be binding on and inure to the benefit of the Parties and the Escrow Agent and their respective successors and permitted assigns. No other persons shall have any rights under this Escrow Agreement. No
assignment of the interest of any of the Parties shall be binding unless and until written notice of such assignment shall be delivered to the other Party and the Escrow Agent and such assignment shall require the prior written consent of the
other Party and the Escrow Agent (such consent not to be unreasonably withheld); provided, however, that either Party may distribute or otherwise assign its rights hereunder to one or more of its affiliates. 

Section 4.2 Escheat. The Parties are aware that under applicable state law, property which is presumed abandoned may, under certain circumstances,
escheat to the applicable state. The Escrow Agent shall have no liability to the Parties, their respective heirs, legal representatives, successors and assigns, or any other party, should any or all of the Escrow Property escheat by operation of
law. 
 Section 4.3 Notices. All notices, requests, demands, and other communications required under this Escrow Agreement shall be in writing,
in English, and shall be deemed to have been duly given if delivered (i) personally, (ii) by facsimile transmission or email (in each case in this clause (ii), solely if receipt is confirmed), (iii) by overnight delivery with a reputable
international overnight delivery service, or (iv) by mail or by certified mail, return receipt requested, and postage prepaid. If any notice is mailed, it shall be deemed given five (5) Business Days after the date such notice is deposited
in the United States mail. If notice is given to a party, it shall be given at the address for such party set forth below. It shall be the responsibility of the Parties to notify the Escrow Agent and the other Party in writing of any name or address
changes. In the case of communications delivered to the Escrow Agent, such communications shall be deemed to have been given on the date received by the Escrow Agent. 

If to Buyer: 
 Seaspan
Corporation 
 Unit 2 – 2nd Floor, Bupa Centre 

141 Connaught Road West 
 Hong
Kong 
 Attention: Corporate Secretary 

Facsimile: +852-2540-1689 

Email: Mark_Chu@seaspancorp.com 

with copies (which shall not constitute notice or service of process) to: 

White & Case LLP 

1221 Avenue of the Americas 
 New
York, New York 10020 
 Attention: John M. Reiss 

Daniel Latham 

Facsimile:
+1-212-354-8113 

  
 10 

 Email: jreiss@whitecase.com 

   dlatham@whitecase.com 

If to the Holder Representative: 

Greater China Industrial Investments LLC 

c/o The Carlyle Group 
 1001
Pennsylvania Avenue, N.W. 
 Suite 220 South 

Washington, DC 20004 
 Attention:
Gregory Ledford 
 Wesley Bieligk 

Facsimile:
+1-202-347-1818 

Email: gregory.ledford@carlyle.com 

  wesley.bieligk@carlyle.com 

with a copy (which shall not constitute notice or service of process) to: 

Latham & Watkins LLP 

555 Eleventh Street, N.W., Suite 1000 

Washington, D.C. 20004-1304 

Attention: Daniel T. Lennon, 

         Nick Luongo 

Facsimile:
+1-202-637-2201 

Email: daniel.lennon@lw.com 

    nick.luongo@lw.com 

If to the Escrow Agent: 

Wilmington Trust, National Association 

50 South Sixth Street, Ste. 1290 

Minneapolis, MN 55402 
 Attention:
Andrew Wassing 
 Facsimile:
+1-612-217-5651 

Email:    awassing@wilmingtontrust.com 

Section 4.4 Governing Law. This Escrow Agreement shall be governed by and construed in accordance with the laws of the State of New York. 

Section 4.5 Entire Agreement. This Escrow Agreement sets forth the entire agreement and understanding of the parties related to the Escrow
Property. 
 Section 4.6 Amendment. This Escrow Agreement may be amended, modified, superseded, rescinded, or canceled only by a written
instrument executed by the Parties and the Escrow Agent. 
 Section 4.7 Waivers. The failure of any party to this Escrow Agreement at any time
or times to require performance of any provision under this Escrow Agreement shall in no manner affect 

  
 11 

 
the right at a later time to enforce the same performance. A waiver by any party to this Escrow Agreement of any such condition or breach of any term, covenant, representation, or warranty
contained in this Escrow Agreement, in any one or more instances, shall neither be construed as a further or continuing waiver of any such condition or breach nor as a waiver of any other condition or breach of any other term, covenant,
representation, or warranty contained in this Escrow Agreement. 
 Section 4.8 Headings. Section headings of this Escrow Agreement have been
inserted for convenience of reference only and shall in no way restrict or otherwise modify any of the terms or provisions of this Escrow Agreement. 

Section 4.9 Counterparts. This Escrow Agreement may be executed in one or more counterparts, which may be delivered by electronic communications
by portable document format (.pdf), each of which when executed shall be deemed to be an original, and such counterparts shall together constitute one and the same instrument. 

Section 4.10 Waiver of Jury Trial. EACH OF THE PARTIES HERETO EXPRESSLY WAIVES THE RIGHT TO TRIAL BY JURY IN RESOLVING ANY CLAIM OR
COUNTERCLAIM RELATING TO OR ARISING OUT OF THIS ESCROW AGREEMENT. 
 Section 4.11 Jurisdiction. Any Action based upon, arising out of or
related to this Escrow Agreement or the transactions contemplated hereby may be brought in courts of the Borough of Manhattan in the State of New York, or, if it has or can acquire jurisdiction, in the United States District Court for the Southern
District of New York located therein, and, in each case, appellate courts therefrom, and each of the parties irrevocably submits to the exclusive jurisdiction of each such court in any such Action, waives any objection it may now or hereafter have
to personal jurisdiction, venue or to convenience of forum, agrees that all claims in respect of such Action shall be heard and determined only in any such court, and agrees not to bring any Action arising out of or relating to this Escrow Agreement
or the transactions contemplated hereby in any other court. Nothing herein contained shall be deemed to affect the right of any party hereto to serve process in any manner permitted by Law or to commence legal proceedings or otherwise proceed
against any other party hereto in any other jurisdiction, in each case, to enforce judgments obtained in any Action brought pursuant to this Section 4.11.  

[The remainder of this page left intentionally blank.] 

  
 12 

 IN WITNESS WHEREOF, this Escrow Agreement has been duly executed by the undersigned Parties and
the Escrow Agent as of the date first written above. 
  

			
	BUYER:
	
	SEASPAN CORPORATION

 
			
		
	By:	 	 /s/ Bing Chen

	Name:	 	Bing Chen
	Title:	 	President and Chief Executive Officer

 [Signature Page to Escrow Agreement] 

 
			
	HOLDER REPRESENTATIVE:
	
	GREATER CHINA INDUSTRIAL INVESTMENTS LLC

 
			
		
	By:	 	 /s/ Wesley Bieligk

	Name:	 	Wesley Bieligk
	Title:	 	Authorized Signatory

 [Signature Page to Escrow Agreement] 

 
			
	ESCROW AGENT:
	
	WILMINGTON TRUST, NATIONAL ASSOCIATION, as Escrow Agent

 
			
		
	By:	 	 /s/ Andrew Wassing

		
	Name:	 	 Andrew Wassing

		
	Title:	 	 Vice President

 [Signature Page to Escrow Agreement] 

 EXHIBIT A 

Agency and Custody Account Direction 

For Cash Balances 

Manufacturers & Traders Trust Company Trust Accounts 

 EXHIBIT B 

Wire Transfer Instructions and Allocation Percentages of the Selling Members (and their designees) 

 EXHIBIT C 

Wire Transfer Instructions of Buyer 

 EXHIBIT D-1 

Certificate as to Authorized Signatures 

The specimen signatures shown below are the specimen signatures of the individuals who have been designated as authorized representatives of Buyer and are
authorized to initiate and approve transactions of all types for the escrow account or accounts established under the Escrow Agreement to which this Exhibit D-1 is attached, on behalf of Buyer. 

 

					
	Name / Title / Phone Number	 		 	Specimen Signature
			
	  
	 		 	  

	Name	 		 	Signature
			
	  
	 		 	
	Title	 		 	
			
	  
	 		 	
	Phone Number	 		 	
			
	  
	 		 	  

	Name	 		 	Signature
			
	  
	 		 	
	Title	 		 	
			
	  
	 		 	
	Phone Number	 		 	
			
	  
	 		 	  

	Name	 		 	Signature
			
	  
	 		 	
	Title	 		 	
			
	  
	 		 	
	Phone Number	 		 	

 EXHIBIT D-2 

Certificate as to Authorized Signatures 

The specimen signatures shown below are the specimen signatures of the individuals who have been designated as authorized representatives of the Holder
Representative and are authorized to initiate and approve transactions of all types for the escrow account or accounts established under the Escrow Agreement to which this Exhibit D-2 is attached, on behalf of
Holder Representative. 
  

					
	Name / Title / Phone Number	 		 	Specimen Signature
			
	  
	 		 	  

	Name	 		 	Signature
			
	  
	 		 	
	Title	 		 	
			
	  
	 		 	
	Phone Number	 		 	
			
	  
	 		 	  

	Name	 		 	Signature
			
	  
	 		 	
	Title	 		 	
			
	  
	 		 	
	Phone Number	 		 	

 EXHIBIT E 

Fees of Escrow Agent

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00280-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00280-of-00352.parquet"}]]