<SEC-DOCUMENT>0000919574-20-000933.txt : 20200212
<SEC-HEADER>0000919574-20-000933.hdr.sgml : 20200212
<ACCEPTANCE-DATETIME>20200212091005
ACCESSION NUMBER:		0000919574-20-000933
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20200229
FILED AS OF DATE:		20200212
DATE AS OF CHANGE:		20200212

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TOP SHIPS INC.
		CENTRAL INDEX KEY:			0001296484
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37889
		FILM NUMBER:		20600316

	BUSINESS ADDRESS:	
		STREET 1:		1, VASSILISSIS SOFIAS STR. & MEG.
		STREET 2:		ALEXANDROU STR.
		CITY:			151 24, MAROUSSI
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		011-30-210-81-28-107

	MAIL ADDRESS:	
		STREET 1:		1, VASSILISSIS SOFIAS STR. & MEG.
		STREET 2:		ALEXANDROU STR.
		CITY:			151 24, MAROUSSI
		STATE:			J3
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TOP TANKERS INC.
		DATE OF NAME CHANGE:	20040706
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d8476855_6-k.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sewatd & Kissel LLP
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2020 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; font-weight: bold;">UNITED STATES</div>
      <div style="text-align: center; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; font-weight: bold;">Washington, D.C.&#160; 20549</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; font-weight: bold;">FORM 6-K</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16<br>
        OF THE SECURITIES EXCHANGE ACT OF 1934</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center;">For the month of February 2020</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center;">Commission File Number 001-37889</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; font-weight: bold;">TOP SHIPS INC.</div>
      <div style="text-align: center;"><font style="background-color: #FFFFFF;">(Translation of registrant's name into English)</font></div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; font-weight: bold;">1 VAS. SOFIAS &amp; MEG.</div>
      <div style="text-align: center; font-weight: bold;">ALEXANDROU STREET</div>
      <div style="text-align: center; font-weight: bold;">151 24, MAROUSSI</div>
      <div style="text-align: center; font-weight: bold;">ATHENS, GREECE</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center;">(Address of principal executive offices)</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify;">Form 20-F [X]&#160; &#160; &#160;&#160; Form 40-F [&#160; ]</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [&#160; ].</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify;"><font style="font-weight: bold;">Note</font>: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [&#160; ].</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify;"><font style="font-weight: bold;">Note</font>: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private
        issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the
        registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the
        subject of a Form 6-K submission or other Commission filing on EDGAR.</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="margin-bottom: 10pt;"><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <br>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">INFORMATION CONTAINED IN THIS FORM 6-K REPORT</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On February 12, 2020, TOP Ships Inc. (the "Company") entered into an Equity Distribution Agreement (the
        "Agreement") with Maxim Group LLC ("Maxim"), as sales agent, under which the Company may offer and sell, from time to time through Maxim, up to US$5,000,000 of its common shares, par value $0.01 per share.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Attached hereto as Exhibit 1.1 is a copy of the Equity Distribution Agreement, dated February 12, 2020, by and
        between the Company and Maxim.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Attached hereto as Exhibit 5.1 is the opinion of Seward &amp; Kissel LLP relating to the common shares.</div>
      <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">Recent Developments of the Company</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The Company entered into sale and leaseback agreements with Oriental Fleet International Company Limited, a
        non-affiliated party, for M/T Stenaweco Excellence on July 15, 2019, and for both M/T Stenaweco Energy and M/T Stenaweco Evolution on August 30, 2019. The sale of the M/T Stenaweco Excellence was completed on July 15, 2019 and the sales of the M/T
        Stenaweco Energy and M/T Stenaweco Evolution were completed on November 20, 2019. Prior to the aforementioned sale and lease backs, on November 20, 2019, the Company exercised the purchase options on the operating leases of the M/T Stenaweco Energy
        and M/T Stenaweco Evolution for a total of $47.9 million. Following completion of the sales, the Company bareboat chartered back the three vessels for periods of ten years at bareboat hire rates comprising of financing principal based on
        straight-line amortization with a balloon payment at the end of the bareboat charter term plus interest based on the three months Libor rate plus 3.90% per day. As part of this transaction, the Company has continuous options, commencing after the
        third year, to buy back the vessels at purchase prices stipulated in the bareboat agreements depending on when the option is exercised and at the end of the ten -year period the Company has an obligation to purchase the vessels. The gross proceeds
        from the sale of the M/T Stenaweco Excellence was $25.6 million and the total gross proceeds for the M/T Stenaweco Energy and M/T Stenaweco Evolution was $45.8 million.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The abovementioned sale and leaseback transactions contain customary covenants and event of default clauses,
        including cross-default provisions, restrictive covenants and performance requirements. The sale and leaseback agreements with Oriental Fleet International Company Limited will be accounted as financing transactions, since control will remain with
        us and the vessels will continue to be recorded as assets on the Company's balance sheet. In addition, the Company has the obligation to repurchase the vessels.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On August 22, 2019, the Company effected a 1-for-20 reverse stock split of our common shares. There was no change
        in the number of its authorized common shares.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On September 9, 2019, Nasdaq notified the Company that it has regained compliance with the minimum bid price
        requirement for the Nasdaq Capital Market.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On September 13, 2019, the Company closed an underwritten public offering of an aggregate of 1,580,000 common
        shares (or pre-funded warrants to purchase common shares in lieu thereof, the Pre-Funded Warrants), warrants, or the Traditional Warrants, to purchase up to 1,790,000 of its common shares and an overallotment option of up to 237,000 common shares,
        or the September 2019 Transaction. This resulted in gross proceeds of $10,480,060 before deducting underwriting discounts, commissions and other offering expenses. The gross proceeds include the partial exercise of 85,000 common shares of the
        underwriter's over-allotment option granted in connection with the offering. From September 13 to December 31, 2019, 1,245,089 common shares were issued pursuant to the cashless exercise of 1,778,700 Traditional Warrants. The Traditional Warrants
        expired on December 31, 2019.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On October 14, 2019, the Company entered into a deed of Amendment for the AT Bank Bridge Facility Note dated
        March 22, 2019 in the amount of $10.5 million, or the AT Note, which among other things, extended the maturity date of the AT Note for one year to March 31, 2021.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On November 6, 2019, the Company entered into a placement agent agreement with Maxim Group LLC relating to the
        sale of our securities, or the Placement Agent Agreement.&#160; In addition to the Placement Agent Agreement, the Company entered into the Securities Purchase Agreement with certain institutional investors in connection with a registered direct offering
        of an aggregate of 4,200,000 of our common shares at a public offering price of $2.00 per share, registered on our Registration Statement on Form F-3 (333-215577), or the Registered Offering.&#160; Concurrently with the Registered Offering and pursuant
        to the Securities Purchase Agreement, the Company also commenced a private placement whereby it issued and sold Class A warrants to purchase up to 4,200,000 of its common shares and Class B warrants to purchase up to 4,200,000 of its common shares
        that were attached to the 4,200,000 common shares sold.</div>
      <div><br>
      </div>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="margin-bottom: 10pt;"><br>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On December 18, 2019, the Company acquired interests in two companies that each is the sole purchaser in a new
        building contract.&#160; The Company purchased 100% of the issued and outstanding shares of Santa Catalina Inc., a Marshall Islands company that had entered into a new building contract for a high specification scrubber-equipped, 50,000 dwt MR
        product/chemical tanker named Eco Los Angeles under construction at Hyundai Mipo Dockyard Co., Ltd. in South Korea that was delivered on February 10, 2020. The Company acquired the shares from an entity affiliated with its Chief Executive Officer
        for an aggregate purchase price of $7.2 million. The Company also purchased 100% of the issued and outstanding shares of Santa Monica Inc., a Marshall Islands company that has entered into a new building contract for a high specification
        scrubber-equipped, 50,000 dwt MR product/chemical tanker to be named Eco City of Angels currently under construction at Hyundai Mipo Dockyard Co., Ltd. in South Korea and scheduled for delivery sometime during February 2020.&#160; The Company acquired
        the shares from an entity affiliated with its Chief Executive Officer for an aggregate purchase price of $7.2 million.&#160; Following their delivery, the vessels will commence a time charter with Trafigura for a firm duration of three years, with
        charterer's option to extend for two additional years.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On December 26, 2019, the Company received a written notification from Nasdaq indicating that because the closing
        bid price of its common shares for the last 30 consecutive business days was below $1.00 per share, it no longer met the minimum bid price requirement under Nasdaq rules. Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain
        compliance is 180 days, or until June 23, 2020. The Company intends to monitor the closing bid price of its common shares between now and June 23, 2020 and is considering its options, including a reverse stock split, in order to regain compliance
        with the Nasdaq Capital Market minimum bid price requirement.&#160; The Company can cure this deficiency if the closing bid price of its common stock is $1.00 per share or higher for at least ten consecutive business days during the grace period.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">From July 25, 2019 to January 30, 2020, the Company redeemed 21,825 of Series E Preferred Shares for $25.1
        million from Family Trading Inc., a company related to Mr. Evangelos Pistiolis, our President, Chief Executive Officer and Director, or Family Trading.&#160; As of February 12, 2020, there were 6,333 shares of Series E Convertible Preferred Stock
        outstanding.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On January 3, 2020, the Company announced that it agreed to sell two MR1 Product Tankers, the M/T Eco Fleet and
        the M/T Eco Revolution (each weighing 39,000 tons) to unaffiliated third parties.&#160; On January 14, 2020, the M/T Eco Revolution was delivered to the buyer and the Company received gross proceeds of $23.0 million, part of which were used to prepay in
        full the outstanding amount of $15.1 million under tranche A of its loan facility with ABN AMRO, or the ABN Facility.&#160; On January 21, 2020, the M/T Eco Fleet was delivered to the buyer and it received $21.0 million, part of which were used to
        prepay in full the outstanding amount of $14.4 million under tranche B of the ABN Facility, resulting in the full prepayment of the ABN Facility.&#160; On January 21, 2020, the sales of the M/T Eco Revolution and the M/T Eco Fleet are estimated to
        result in impairment charges amounting to about $5.5 million and $6.8 million, respectively, that will affect the year ended 2019 financial results and is estimated to result in losses per share of $4.20.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Between January 22 and February 5, 2020, 3,350,000 Class A Warrants were exercised on a cashless basis into
        1,340,000 of our common shares.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On February 6, 2020, the Company announced that it agreed to sell two MR2 Product Tankers, the M/T Stenaweco
        Elegance and the M/T Eco Palm Desert (each weighing 50,000 tons) to unaffiliated third parties.&#160; Depending on when the closing of the sales take place, it expects the gain from the sale of these vessels to range from $4.0 million to $6.0 million
        and the cash release to the Company after debt repayment and fees directly relating to the sale and loan prepayments to range from $9.5 million to $11.5 million (including the release of restricted cash relating to loan covenants).</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">On February 10, 2020, the Company announced that it took delivery of the 50,000 dwt scrubber fitted newbuilding
        product/chemical tanker M/T Eco Los Angeles, constructed at the Hyundai Mipo shipyard in South Korea.</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify; text-indent: 36pt;">The information contained in this Report on Form 6-K and the exhibits attached hereto are hereby incorporated by reference into the
        Company's registration statement on Form F-3 (File No. 333-234281) that was filed with the U.S. Securities and Exchange Commission and became effective on November 4, 2019.</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">SIGNATURES</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div style="text-align: justify; text-indent: 36pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;"><br>
      <div style="margin-top: 3pt; margin-bottom: 3pt;"><br>
      </div>
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z6d05b7a513cb4f758e1b3eab6723f6b6">

        <tr>
          <td style="width: 59.63%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 35.58%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="background-color: #FFFFFF;">
              <div style="font-weight: bold;">TOP SHIPS INC.</div>
            </div>
          </td>
          <td style="width: 4.8%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 59.63%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 35.58%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="background-color: #FFFFFF;">
              <div>(Registrant)</div>
            </div>
          </td>
          <td style="width: 4.8%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 59.63%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 35.58%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 4.8%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 59.63%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="background-color: #FFFFFF;">
              <div>Dated:&#160; February 12, 2020</div>
            </div>
          </td>
          <td style="width: 35.58%; vertical-align: middle; background-color: #FFFFFF; border-bottom: #000000 2px solid;">
            <div style="background-color: #FFFFFF;">
              <div>By: /s/ Evangelos Pistiolis</div>
            </div>
          </td>
          <td style="width: 4.8%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 59.63%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
          <td style="width: 35.58%; vertical-align: middle; background-color: #FFFFFF;">
            <div style="background-color: #FFFFFF;">
              <div>Evangelos Pistiolis</div>
              <div>Chief Executive Officer</div>
            </div>
          </td>
          <td style="width: 4.8%; vertical-align: middle; background-color: #FFFFFF;">&#160;</td>
        </tr>

    </table>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
      <div style="margin-top: 3pt;"><br>
      </div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="margin-top: 10pt; margin-bottom: 10pt;"><br>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>d8476855_ex1-1.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sewatd & Kissel LLP
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2020 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 1.1</font><br>
  </div>
  <div><br>
  </div>
  <div>
    <div><br>
    </div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt; font-weight: bold;">TOP SHIPS INC.</div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt; font-weight: bold;">Up to US$5,000,000 of Common Shares</div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt; font-weight: bold;"><u>EQUITY DISTRIBUTION AGREEMENT</u></div>
    <div style="text-align: right; margin-top: 12pt; font-size: 12pt;">February 12, 2020</div>
    <div style="margin-top: 12pt; font-size: 12pt;">Maxim Group LLC<br>
      405 Lexington Avenue<br>
      New York, New York 10174</div>
    <div style="margin-top: 12pt; font-size: 12pt;">Ladies and Gentlemen:</div>
    <div style="text-indent: 36pt; margin-top: 12pt; font-size: 12pt;">Top Ships Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the "<font style="font-weight: bold; font-style: italic;">Company</font>"), proposes to
      issue and sell through Maxim Group LLC (the "<font style="font-weight: bold; font-style: italic;">Agent</font>"), as sales agent, common shares of the Company, par value $0.01 per share (the "<font style="font-weight: bold; font-style: italic;">Common


        Shares</font>"), having an aggregate offering price of up to US$5,000,000 of Common Shares (the Common Shares subject to this Equity Distribution Agreement (this "<font style="font-weight: bold; font-style: italic;">Agreement</font>") being
      referred to herein as the "<font style="font-weight: bold; font-style: italic;">Shares</font>") on terms set forth herein.&#160; The Shares consist entirely of authorized but unissued Common Shares to be issued and sold by the Company.</div>
    <div style="text-indent: 36pt; margin-top: 12pt; font-size: 12pt;">The Company hereby confirms its agreement with the Agent with respect to the sale of the Shares.</div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">1.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Representations and Warranties of the Company</font>.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        represents and warrants to, and agrees with, the Agent as follows:</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt; font-size: 12pt;">(i)&#160; <font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"></font>A registration statement on Form F-3 (File No. 333-234281) (the "<font style="font-weight: bold; font-style: italic;">registration statement</font>") was initially declared effective by the Securities and Exchange Commission (the "<font style="font-weight: bold; font-style: italic;">Commission</font>") on November 4,
      2019, and is currently effective, under the Securities Act of 1933, as amended (the "<font style="font-weight: bold; font-style: italic;">Securities Act of 1933</font>"), and the rules and regulations promulgated thereunder (the "<font style="font-weight: bold; font-style: italic;">Rules and Regulations</font>" and collectively with the Securities Act of 1933, the "<font style="font-weight: bold; font-style: italic;">Securities Act</font>"); since the date of effectiveness of the
      registration statement, no additional or supplemental information was requested by the Commission; no stop order of the Commission preventing or suspending the use of any Base Prospectus (as defined below), the Prospectus Supplement (as defined
      below), the Prospectus (as defined below) or any Permitted Free Writing Prospectus (as defined below), or the effectiveness of the Registration Statement, has been issued, and no proceedings for such purpose have been instituted or, to the Company's
      knowledge, are contemplated by the Commission with respect to the Registration Statement.&#160; Except where the context otherwise requires, "<font style="font-weight: bold; font-style: italic;">Registration Statement</font>," as used herein, means the
      registration statement, as amended at the time of such registration statement's effectiveness for purposes of Section 11 of the Securities Act, as such section applies to the Agent, including (1) all documents filed as a part thereof or incorporated
      or deemed to be incorporated by reference therein, (2) any information contained or incorporated by reference in a prospectus filed with the Commission pursuant to Rule 424(b) under the Securities Act, to the extent such information is deemed,
      pursuant to Rule 430B or Rule 430C under the Securities Act, to be part of the registration statement at such time, and (3) any registration statement filed to register the offer and sale of Shares pursuant to Rule 462(b) under the Securities Act
      (the "<font style="font-weight: bold; font-style: italic;">462(b) Registration Statement</font>").&#160; Except where the context otherwise requires, "<font style="font-weight: bold; font-style: italic;">Base Prospectus</font>," as used herein, means the
      prospectus filed as part of the Registration Statement, together with any amendments or supplements thereto as of the date of this Agreement.&#160; Except where the context otherwise requires, "<font style="font-weight: bold; font-style: italic;">Prospectus


        Supplement</font>," as used herein, means the most recent prospectus supplement relating to the Shares, filed by the Company with the Commission pursuant to Rule 424(b) under the Securities Act and in accordance with the terms of this Agreement.&#160;
      Except where the context otherwise requires, "<font style="font-weight: bold; font-style: italic;">Prospectus</font>," as used herein, means the Prospectus Supplement together with the Base Prospectus attached to or used with the Prospectus
      Supplement, as may be amended or supplemented from time to time.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%2%%%-->
    <div style="margin-top: 12pt;"><br>
    </div>
    <div style="margin-top: 12pt; font-size: 12pt;">"<font style="font-weight: bold; font-style: italic;">Permitted Free Writing Prospectus</font>," as used herein, means the documents, if any, listed on <u>Schedule A</u> attached hereto and, after the
      date hereof, any "issuer free writing prospectus" as defined in Rule 433 of the Securities Act, that is expressly agreed to by the Company and the Agent in writing to be a Permitted Free Writing Prospectus. Any reference herein to the Registration
      Statement, the Base Prospectus, the Prospectus Supplement, the Prospectus or any Permitted Free Writing Prospectus shall be deemed to refer to and include the documents, if any, incorporated by reference, or deemed to be incorporated by reference,
      therein pursuant to Item 6 of Form F-3 (the "<font style="font-weight: bold; font-style: italic;">Incorporated Documents</font>"), including, unless the context otherwise requires, the documents, if any, filed as exhibits to such Incorporated
      Documents.&#160; For purposes of this Agreement, all references to the Registration Statement, the Rule 462(b) Registration Statement, the Base Prospectus, the Prospectus or any amendment or supplement to any of the foregoing shall be deemed to include
      the copy filed with the Commission pursuant to its Electronic Data Gathering, Analysis and Retrieval System ("<font style="font-weight: bold; font-style: italic;">EDGAR</font>").&#160; All references in this Agreement to financial statements and schedules
      and other information which is "described," "contained," "included" or "stated" in the Registration Statement, the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus (or other references of like import) shall be deemed to mean
      and include all such financial statements and schedules and other information which is incorporated by reference in or otherwise deemed by the Rules and Regulations to be a part of or included in the Registration Statement, the Base Prospectus, the
      Prospectus or Permitted Free Writing Prospectus as the case may be.&#160; Any reference herein to the terms "<font style="font-weight: bold; font-style: italic;">amend</font>," "<font style="font-weight: bold; font-style: italic;">amendment</font>" or "<font style="font-weight: bold; font-style: italic;">supplement</font>" with respect to the Registration Statement, any Base Prospectus, the Prospectus, the Prospectus Supplement or any Permitted Free Writing Prospectus shall be deemed to refer to and
      include the filing of any document under the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (collectively, the "<font style="font-weight: bold; font-style: italic;">Exchange Act</font>") on or after the initial
      effective date of the Registration Statement, or the date of such Base Prospectus, the Prospectus, the Prospectus Supplement or such Permitted Free Writing Prospectus, if any, as the case may be, and incorporated or deemed to be incorporated therein
      by reference pursuant to Item 6 of Form F-3.&#160; "<font style="font-weight: bold; font-style: italic;">Time of Sale</font>" means each time a Share is purchased pursuant to this Agreement.</div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">(A)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>The Registration Statement complied when it became effective, complies as of the date hereof, and will comply upon the effectiveness of any
        amendment thereto and at each Time of Sale and each Settlement Date (as applicable), in all material respects, with the requirements of the Securities Act; at all times during which a prospectus is required by the Securities Act to be delivered
        (whether physically or through compliance with Rule 172 under the Securities Act or any similar rule) in connection with any sale of Shares (the "<font style="font-weight: bold; font-style: italic;">Prospectus Delivery Period</font>"); the
        Registration Statement, as may be amended, will comply, in all material respects, with the requirements of the Securities Act; the conditions to the use of Form F-3 in connection with the offering and sale of the Shares as contemplated hereby (the
        "<font style="font-weight: bold; font-style: italic;">Offering</font>") have been satisfied, subject to the limitations imposed on transactions conducted pursuant to General Instruction I.B.5 of Form F-3; the Registration Statement meets, and the
        Offering complies with, the requirements of Rule 415 under the Securities Act (including, without limitation, Rule 415(a)(5)); the Registration Statement did not, as of the time of its effectiveness and as of the date hereof, and will not, as of
        the effective date of any amendment thereto, at each Time of Sale, if any, and at all times during a Prospectus Delivery Period, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or
        necessary to make the statements therein not misleading.</font></div>
    <div style="text-indent: 144pt; margin-top: 12pt;"><font style="font-size: 12pt;">(A)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Prospectus,
        as of the date of the Prospectus Supplement, as of the date hereof (if filed with the Commission on or prior to the date hereof), at each Settlement Date and Time of Sale (as applicable), and at all times during a Prospectus Delivery Period,
        complied, complies or will comply, in all material respects, with the requirements of the Securities Act; and the Prospectus, and each supplement thereto, as of their respective dates, at each Settlement Date or Time of Sale (as applicable), and at
        all times during a Prospectus Delivery Period, did not and will not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which
        they were made, not misleading.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">2</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 144pt; margin-top: 12pt;"><font style="font-size: 12pt;">(B)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each Permitted
        Free Writing Prospectus, if any, as of its date and as of each Settlement Date and Time of Sale (as applicable), and at all times during a Prospectus Delivery Period (when taken together with the Prospectus at such time) will not include an untrue
        statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt; font-size: 12pt;">The representations and warranties set forth in subparagraphs (A), (B) and (C) above shall not apply to any statement contained in the Registration Statement, any Base Prospectus, the
      Prospectus or any Permitted Free Writing Prospectus in reliance upon and in conformity with information concerning the Agent that is furnished in writing by or on behalf of the Agent expressly for use in the Registration Statement, such Base
      Prospectus, the Prospectus or such Permitted Free Writing Prospectus, if any, it being understood and agreed that only such information furnished by the Agent as of the date hereof consists of the information described in <u>Section 6(b)(ii)</u>.</div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(iii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Prior to the
        execution of this Agreement, the Company has not, directly or indirectly, offered or sold any Shares by means of any "prospectus" (within the meaning of the Securities Act) or used any "prospectus" (within the meaning of the Securities Act) in
        connection with the Offering, in each case other than the Base Prospectus or any Permitted Free Writing Prospectus; the Company has not, directly or indirectly, prepared, used or referred to any Permitted Free Writing Prospectus except in
        compliance with Rules 164 and 433 under the Securities Act; assuming that a&#160; Permitted Free Writing Prospectus, if any, is sent or given after the Registration Statement was filed with the Commission (and after such Permitted Free Writing
        Prospectus, if any, was, if required pursuant to Rule 433(d) under the Securities Act, filed with the Commission), the Company will satisfy the provisions of Rule 164 or Rule 433 necessary for the use of a "free writing prospectus" (as defined in
        Rule 405 under the Securities Act) in connection with the Offering; the conditions set forth in one or more of subclauses (i) through (iv), inclusive, of Rule 433(b)(1) under the Securities Act are satisfied, and the registration statement relating
        to the Offering, as initially filed with the Commission, includes a prospectus that, other than by reason of Rule 433 or Rule 431 under the Securities Act, satisfies the requirements of Section 10 of the Securities Act; neither the Company nor the
        Agent is disqualified, by reason of subsection (f) or (g) of Rule 164 under the Securities Act, from using, in connection with the Offering, "free writing prospectuses" (as defined in Rule 405 under the Securities Act) pursuant to Rules 164 and 433
        under the Securities Act; the Company is not an "ineligible issuer" (as defined in Rule 405 under the Securities Act) as of the eligibility determination date for purposes of Rules 164 and 433 under the Securities Act with respect to the offering
        of the Shares contemplated by the Registration Statement; the parties hereto agree and understand that the content of any and all "road shows" (as defined in Rule 433 under the Securities Act) related to the Offering is solely the property of the
        Company.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(iv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each Permitted
        Free Writing Prospectus, as of its issue date, did not conflict with the information contained in the Registration Statement, any Base Prospectus or the Prospectus.&#160; The foregoing sentence does not apply to statements in or omissions from any
        Permitted Free Writing Prospectus based upon and in conformity with written information furnished to the Company by the Agent specifically for use therein, it being understood and agreed that only such information furnished by the Agent as of the
        date hereof consist of the information described in <u>Section 6(b)(ii)</u>.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">3</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(v)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The consolidated
        financial statements of the Company and the Subsidiaries (as defined below), together with the related notes, set forth or incorporated by reference in the Registration Statement and the Prospectus comply in all material respects with the
        requirements of the Securities Act and the Exchange Act and fairly present in all material respects the financial condition of the Company and the Subsidiaries, as a whole, as of the dates indicated and the results of operations and changes in cash
        flows for the periods therein specified in conformity with U.S. generally accepted accounting principles consistently applied throughout the periods involved.&#160; The selected financial data and the summary financial information included in the
        documents in the Registration Statement and in the Prospectus constitute a fair summary of the information purported to be summarized and have been compiled on a basis consistent with that of the audited financial statements included in the
        Registration Statement. No other financial statements or supporting schedules are required to be included or incorporated by reference in the Registration Statement or the Prospectus under the Securities Act except as so included or incorporated by
        reference. All disclosures contained in the Registration Statement or the Prospectus or incorporated by reference therein regarding "non GAAP financial measures" (as such term is defined by the applicable rules and regulations of the Commission)
        comply, in all material respects, with Regulation G of the Exchange Act and Item 10 of Regulation S-K of the Securities Act to the extent applicable. To the Company's knowledge, <font style="background-color: #FFFFFF;">Deloitte Certified Public
          Accountants S.A.</font>, which has expressed its opinion with respect to the financial statements and schedules, if any, filed as a part of the Registration Statement and included in the Registration Statement and the Prospectus, is a registered
        public accounting firm within the meaning of the Securities Act, and in the performance of its work for the Company has not been in violation of the auditor independence requirements of the Sarbanes-Oxley Act of 2002 (the "<font style="font-weight: bold; font-style: italic;">Sarbanes-Oxley</font>&#160;<font style="font-weight: bold; font-style: italic;">Act</font>").</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(vi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company and
        each of the Subsidiaries has been duly organized and is validly existing as a corporation under the laws of its jurisdiction of incorporation. The Company and each of the Subsidiaries has full corporate power and authority to own its respective
        properties and conduct its business as currently being carried on and as described in the Registration Statement and the Prospectus, and is duly qualified to do business as a foreign corporation in good standing in each jurisdiction in which it
        owns or leases real property or in which the conduct of its business makes such qualification necessary and in which the failure to so qualify would reasonably be expected to have a material adverse effect upon the results of operations, business,
        management, properties, prospects, conditions (financial or otherwise) or operations, of the Company and the Subsidiaries, either individually or taken as a whole ("<font style="font-weight: bold; font-style: italic;">Material Adverse Effect</font>").</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(vii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as
        disclosed in the Prospectus, subsequent to the dates as of which information is given in the Prospectus, the Company (including its Subsidiaries on a consolidated basis) has not incurred any material liabilities or obligations, direct or
        contingent, or entered into any material transactions, or declared or paid any material dividends or made any material distribution of any kind with respect to the capital stock of the Company; and there has not been any material change in the
        capital stock of the Company, or material issuance of options, warrants, convertible securities or other rights to purchase the capital stock of the Company, or any material change in the short-term or long-term debt of the Company (other than as a
        result of the exercise of any currently outstanding options or warrants that are disclosed in the Prospectus), or any Material Adverse Effect or any development that would reasonably be expected to result in a Material Adverse Effect. Since the
        date of the latest balance sheet presented in the Registration Statement and the Prospectus, neither the Company nor any Subsidiary has entered into any transactions, including any acquisition or disposition of any business or asset, which are
        material to the Company and the Subsidiaries taken as a whole, except for transactions which are disclosed in the Registration Statement and the Prospectus.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">4</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(viii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as set
        forth in the Prospectus, there is not pending or, to the knowledge of the Company, threatened or contemplated, any action, suit or proceeding to which the Company or any of its Subsidiaries or of which any property or assets of the Company or any
        of its Subsidiaries is the subject before or by any court or governmental agency, authority or body, or any arbitrator or mediator, which, individually or in the aggregate, would reasonably be expected to result in any Material Adverse Effect.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ix)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">There are no
        statutes, regulations, contracts or documents that are required to be described in the Registration Statement and the Prospectus or be filed as exhibits to the Registration Statement by the Securities Act that have not been so described or filed.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(x)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">This Agreement
        has been duly authorized, executed and delivered by the Company, and constitutes a valid, legal and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as rights to indemnity hereunder may be
        limited by federal or state securities laws and except as such enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting the rights of creditors generally and subject to general principles of equity.&#160; The
        execution, delivery and performance of this Agreement and the consummation of the transactions herein contemplated will not result in a breach or violation of any of the terms and provisions of, or constitute a default under, (i) any law, rule or
        regulation to which the Company or any of its Subsidiaries is subject, (ii) any agreement or instrument to which the Company or any of its Subsidiaries is bound or to which any of its property is subject, (iii) the Company's Third Amended and
        Restated Articles of Incorporation or Amended and Restated Bylaws, each as amended, or the organizational documents of any of its Subsidiaries, or (iv) any order, rule, regulation or decree of any court or governmental agency or body having
        jurisdiction over the Company or any of its Subsidiaries or any of its properties, except, in the case of clauses (i), (ii) and (iv), for such breaches, violations or defaults that would not reasonably be expected to result in a Material Adverse
        Effect; no consent, approval, authorization or order of, or filing with, any court or governmental agency or body is required for the execution, delivery and performance of this Agreement or for the consummation of the transactions contemplated
        hereby and thereby, including the issuance or sale of the Shares by the Company, except for such consents, approvals, authorizations, orders or filings as have been obtained or made or as may be required under the Securities Act or state securities
        or blue sky laws; and the Company has and will have full power and authority to enter into this Agreement and to authorize, issue and sell the Shares as contemplated hereby and thereby.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">All of the
        issued and outstanding shares of capital stock of the Company, including the outstanding Common Shares, are duly authorized and validly issued, fully paid and nonassessable, have been issued in compliance with all applicable foreign, federal and
        state securities laws, were not issued in violation of or subject to any preemptive rights or other rights to subscribe for or purchase securities that have not been waived in writing, and the holders thereof are not subject to personal liability
        by reason of being such holders; all of the issued and outstanding shares of capital stock of each of the Subsidiaries are duly authorized and validly issued, fully paid and nonassessable, and are owned by the Company, directly or through
        wholly-owned Subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance, claim or equity except for those arising under any credit facility or loan agreement ("<font style="font-weight: bold; font-style: italic;">Credit


          Facilities</font>") to which the Company or any of its Subsidiaries is a party or their assets are bound as disclosed in the Registration Statement and the Prospectus, have been issued in compliance with all applicable foreign, federal and state
        securities laws, were not issued in violation of or subject to any preemptive rights or other rights to subscribe for or purchase securities that have not been waived in writing, and the holders thereof are not subject to personal liability by
        reason of being such holders; the Shares which may be sold under this Agreement by the Company have been duly authorized and, when issued, delivered and paid for in accordance with the terms of this Agreement will have been validly issued and will
        be fully paid and nonassessable, and the holders thereof will not be subject to personal liability solely by reason of being such holders; and the capital stock of the Company, including the Common Shares, conforms in all material respects to the
        description thereof in the Registration Statement and the Prospectus.&#160; Except as otherwise stated in the Registration Statement and the Prospectus, there are no preemptive rights or other rights to subscribe for or to purchase, or any restriction
        upon the voting or transfer of, any Common Shares pursuant to the Company's Third Amended and Restated Articles of Incorporation, as amended, or any agreement or other instrument to which the Company is a party or by which the Company is bound.&#160;
        Neither the filing of the Registration Statement nor the Offering gives rise to any rights by any parties relating to the registration of any Common Shares or other securities of the Company, except for such registration rights as have been duly
        waived. Except as described in the Registration Statement and the Prospectus, there are no options, warrants, agreements, contracts or other rights in existence to purchase or acquire from the Company any shares of the capital stock of the
        Company.&#160; The Company has the authorized and outstanding capital stock as set forth in the Prospectus as of the date set forth therein.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">5</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        and each of its Subsidiaries holds, and is operating in compliance with&#160; all grants, authorizations, licenses, permits, consents, certificates and orders of any governmental or self-regulatory body required for the conduct of its respective
        businesses and all such grants, authorizations, licenses, permits, consents, certifications and orders are valid and in full force and effect, except for such noncompliance or failures to be in full force and effect that would not reasonably be
        expected to result in a Material Adverse Effect; and neither the Company nor any of its Subsidiaries has received notice of any revocation or modification of any such grant, authorization, license, permit, consent, certification or order or has
        reason to believe that any such grant, authorization, license, permit, consent, certification or order will not be renewed in the ordinary course, except for such notices and such possibility of non-renewal that would not reasonably be expected to
        result in a Material Adverse Effect; and the Company and each of its Subsidiaries is in compliance with all applicable federal, state, local and foreign laws, regulations, orders and decrees, except for such noncompliance that would not reasonably
        be expected to result in a Material Adverse Effect. No approval, authorization, consent or order of or filing with any foreign, federal, state or local governmental or regulatory commission, board, body, authority or agency is required in
        connection with the issuance and sale of the Shares or the consummation by the Company of the transactions contemplated hereby, other than (i) as have been obtained or may be required under the Securities Act, (ii) as have been obtained or may be
        required under the blue sky laws of the various jurisdictions in which the Shares are being offered by the Agent, (iii) the filing of any reports under the Exchange Act, (iv) such approvals as may be required by the Financial Industry Regulatory
        Authority, Inc. ("<font style="font-weight: bold; font-style: italic;">FINRA</font>"), (v) approval of the listing of the Shares by the NASDAQ Capital Market or (vi) such approvals as have been obtained or made as of the Time of Sale.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xiii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        and each of its Subsidiaries has good and marketable title to all property (whether real or personal) described in the Registration Statement and the Prospectus as being owned by it, in each case free and clear of all liens, claims, security
        interests, other encumbrances or defects except such as are described in the Registration Statement and the Prospectus, or as would not reasonably be expected to result in a Material Adverse Effect.&#160; The property held under lease by the Company and
        each of its Subsidiaries is held by it under valid, subsisting and enforceable leases with only such exceptions as would not reasonably be expected to result in a Material Adverse Effect.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xiv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        and each of its Subsidiaries owns, possesses, or can acquire on reasonable terms, all Intellectual Property (as defined below) necessary for the conduct of their respective businesses as now conducted or as described in the Registration Statement
        and the Prospectus to be conducted.&#160; Except as would not result in a Material Adverse Effect, (A) there are no rights of third parties to any such Intellectual Property owned by the Company, except as otherwise disclosed to the Agent in writing by
        the Company prior to the date hereof; (B) to the knowledge of the Company, there is no infringement, misappropriation or violation&#160; by third parties of any such Intellectual Property; (C) there is no pending or, to the knowledge of the Company,
        threatened, action, suit, proceeding or claim by others challenging the Company's or any Subsidiary's rights in or to any such Intellectual Property, and the Company is unaware of any facts which would form a reasonable basis for any such claim;
        (D) the Intellectual Property owned by the Company and each of the Subsidiaries, and to the knowledge of the Company, the Intellectual Property licensed to the Company, each of the Subsidiaries, has not been adjudged invalid or unenforceable, in
        whole or in part, and there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others challenging the validity or scope of any such Intellectual Property, and the Company is unaware of any facts which
        would form a reasonable basis for any such claim; (E) there is no pending or, to the knowledge of the Company, threatened action, suit, proceeding or claim by others that the Company or any of its Subsidiaries infringes, misappropriates or
        otherwise violates any Intellectual Property or other proprietary rights of others, and neither the Company nor any of the Subsidiaries has received any written notice of such claim; and (F) to the Company's knowledge, no employee of the Company or
        any of its Subsidiaries is in or has ever been in violation of any term of any employment contract, patent disclosure agreement, invention assignment agreement, non-competition agreement, non-solicitation agreement, nondisclosure agreement or any
        restrictive covenant to or with a former employer where the basis of such violation relates to such employee's employment with the Company or any of its Subsidiaries or actions undertaken by the employee while employed with the Company or any of
        its Subsidiaries.&#160; "<font style="font-weight: bold; font-style: italic;">Intellectual Property</font>" shall mean all patents, patent applications, trade and service marks, trade and service&#160; mark registrations, trade names, copyrights, licenses,
        inventions, trade secrets, domain names, technology, know-how and other intellectual property.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">6</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Neither the
        Company nor any of its Subsidiaries is (A) in violation of its articles of incorporation or similar organizational documents, or (B) in breach of or otherwise in default, and no event has occurred which, with notice or lapse of time or both, would
        constitute such a default in the performance of any material obligation, agreement or condition contained in any bond, debenture, note, indenture, loan agreement, mortgage, deed of trust or any other material contract, lease or other instrument to
        which it is subject or by which any of them may be bound, or to which any of the material property or assets of the Company or any of its Subsidiaries is subject (collectively, the "<font style="font-weight: bold; font-style: italic;">Material
          Contracts</font>"); or (C) in violation of any law or statute or any judgment, order, rule or regulation of any court or arbitrator or governmental or regulatory authority, except in the case of (B) and (C) above, as could not, individually or in
        the aggregate, reasonably be expected to result in a Material Adverse Effect.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xvi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        and each of the Subsidiaries has timely filed all applicable federal, state, local, foreign and other income and franchise tax returns required to be filed and are not in default in the payment of any taxes which were payable pursuant to said
        returns or any assessments with respect thereto, other than any which the Company or any of its Subsidiaries is contesting in good faith.&#160; There is no pending dispute with any taxing authority relating to any of such returns, and the Company has no
        knowledge of any proposed liability for any tax to be imposed upon the properties or assets of the Company or any of its Subsidiaries for which there is not an adequate reserve reflected in the Company's financial statements included in the
        Registration Statement. There are no documentary, stamp or other issuance or transfer taxes or duties or similar fees or charges under U.S. federal law or the laws of any U.S. state, the Republic of the Marshall Islands, or any political
        subdivision of any thereof, required to be paid in connection with the execution and delivery of this Agreement or the issuance, sale and delivery by the Company of the Shares.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xvii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        has not distributed and will not distribute any prospectus or other offering material in connection with the Offering other than the Registration Statement and the Prospectus or other materials permitted by the Securities Act to be distributed by
        the Company; provided, however, that the Company has not made and will not make any offer relating to the Shares that would constitute a "free writing prospectus" as defined in Rule 405 under the Securities Act, except in accordance with the
        provisions of <u>Section 4(o)</u> of this Agreement.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xviii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The issuance
        and sale of the Shares as contemplated in this Agreement does not contravene the rules and regulations of the NASDAQ Capital Market. The Common Shares are registered pursuant to Section 12(b) of the Exchange Act and are listed on the NASDAQ Capital
        Market and the Company has taken no action designed to, or likely to have the effect of, terminating the registration of the Common Shares under the Exchange Act or delisting the Common Shares from the NASDAQ Capital Market nor, except as disclosed
        in the Registration Statement or the Prospectus, has the Company received any notification that the Commission or the NASDAQ Capital Market is contemplating terminating such registration or listing. The Company has complied in all material respects
        with the applicable requirements of the NASDAQ Capital Market for maintaining the listing of the Common Shares thereon.&#160; The Company has filed an application to include the Shares on the NASDAQ Capital Market.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xix)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        has no material subsidiaries other than those listed on Schedule E-1 hereto (collectively, the "<font style="font-weight: bold; font-style: italic;">Subsidiaries</font>") and the subsidiaries listed on Schedule E-2 are inactive and hold no assets.&#160;
        The Company does not own, directly or indirectly, any shares of stock or any other equity or long-term debt securities of any other corporation or have any equity interest in any other corporation, partnership, joint venture, association, trust or
        other entity.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">7</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xx)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company and
        each of its Subsidiaries have established and maintain systems of internal accounting controls sufficient to provide reasonable assurances that (A) transactions are executed in accordance with management's general or specific authorization; (B)
        transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain accountability for assets; (C) access to assets is permitted only in accordance with
        management's general or specific authorization; and (D) amounts reflected on the Company's consolidated balance sheet for assets are compared with existing assets at reasonable intervals and appropriate action is taken with respect to any
        differences.&#160; Except as described in the Registration Statement and the Prospectus, since the filing of the annual report on Form 20-F for the fiscal year ended December 31, 2018, there has been (i) no new material weakness identified to the
        Company's board of directors (or committee thereof) in the Company's internal control over financial reporting (whether or not remediated) and (ii) no change in the Company's internal control over financial reporting that has materially affected,
        or is reasonably likely to materially affect, the Company's internal control over financial reporting.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as
        described in the Registration Statement or the Prospectus, the Company and each of the Subsidiaries: (A) is and at all times since January 1, 2019 has been in material compliance with all United States (federal, state and local) and foreign
        statutes, rules, regulations, treaties, or guidances applicable to the Company or the Subsidiaries ("<font style="font-weight: bold; font-style: italic;">Applicable Laws</font>"); (B) since January 1, 2019 has not received any notice of adverse
        finding, warning letter, untitled letter or other correspondence or notice from any Governmental Authority (as defined below) alleging or asserting noncompliance with any Applicable Laws or any licenses, certificates, approvals, clearances,
        authorizations, permits and supplements or amendments thereto required by any such Applicable Laws ("<font style="font-weight: bold; font-style: italic;">Authorizations</font>"); (C) since January 1, 2019 has not received notice of any claim,
        action, suit, proceeding, hearing, enforcement, investigation, arbitration or other action from any Governmental Authority or third party alleging that any product operation or activity is in violation of any Applicable Laws or Authorizations and
        has no knowledge that any such Governmental Authority or third party intends to assert any such claim, litigation, arbitration, action, suit, investigation or proceeding; (D) since January 1, 2019 has not received notice that any Governmental
        Authority has taken, is taking or intends to take action to limit, suspend, modify or revoke any Authorizations and the Company has no knowledge that any such Governmental Authority is considering such action; and (E) has filed, obtained,
        maintained or submitted all material reports, documents, forms, notices, applications, records, claims, submissions and supplements or amendments as required by any Applicable Laws or Authorizations and that all such reports, documents, forms,
        notices, applications, records, claims, submissions and supplements or amendments were complete and correct in all material respects on the date filed (or were corrected or supplemented by a subsequent submission), except in the case of (A) through
        (E) above, as could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. "<font style="font-weight: bold; font-style: italic;">Governmental Authority</font>" means any federal, provincial, state,
        local, foreign or other governmental or quasi-governmental agency or body or any other type of regulatory authority or body, including, without limitation, the NASDAQ Capital Market. The aggregate of all pending legal or governmental proceedings to
        which the Company or any Subsidiary is a party or of which any of their respective property or assets is the subject which are not described in the Registration Statement and the Prospectus, including ordinary routine litigation incidental to the
        business, would not result in a Material Adverse Effect.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Other than as
        contemplated by this Agreement, the Company has not incurred any liability for any finder's or broker's fee or agent's commission in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated
        hereby.&#160; The Company has not entered into any other sales agency agreements or other similar arrangements with any agent or any other representative in respect of "at the market" offerings of the Shares in accordance with Rule 415 under the
        Securities Act.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">8</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxiii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        and each of the Subsidiaries carries, or is covered by, insurance in such amounts and covering such risks the Company reasonably believes are adequate for the conduct of its respective business and the value of its properties and as is customary
        for companies engaged in similar businesses in similar industries; all policies of insurance and any fidelity or surety bonds insuring the Company, each of its Subsidiaries and their respective businesses, assets, employees, officers and directors
        are in full force and effect, except as would not reasonably be expected to result in a Material Adverse Effect; the Company and each of its Subsidiaries is in compliance with the terms of such policies and instruments in all material respects;
        there are no claims by the Company or any of the Subsidiaries under any such policy or instrument as to which any insurance company is denying liability or defending under a reservation of rights clause; neither the Company nor any of the
        Subsidiaries has been refused any insurance coverage sought or applied for; and the Company has no reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage
        from similar insurers as may be necessary to continue its business at a cost that would not have a Material Adverse Effect.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxiv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        is not (and is not an affiliate of), and immediately after receipt of payment for the Shares, will not be (and will not be an affiliate of), an "investment company" within the meaning of the Investment Company Act of 1940, as amended.&#160; The Company
        currently intends to conduct its business in a manner so that it will not become subject to the Investment Company Act of 1940, as amended.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt; font-size: 12pt;">(xxv)The Incorporated Documents, at the time they were or hereafter are filed with the Commission, complied and will comply in all material respects with the requirements of the&#160;
      Securities Act and the Exchange Act, and were filed on a timely basis with the Commission and no Incorporated Document contained or will contain an untrue statement of a material fact or omitted to state a material fact required to be stated therein
      or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, that, no representation is made herein regarding the representations, warranties and covenants, or any descriptions
      thereof, contained in any agreements or documents included as exhibits to the Incorporated Documents. There is no material document required to be described in the Registration Statement or the Prospectus or to be filed as an exhibit to the
      Registration Statement which was not described or filed as required.&#160; All material agreements of the Company and all agreements governing or evidencing any and all related party transactions have been filed with the Commission to the extent required
      and applicable under the Exchange Act. Neither the Company nor any Subsidiaries has sent or received any communication regarding termination of, or intent not to renew, any of the contracts or agreements referred to or described in the Registration
      Statement and the Prospectus, or referred to or described in, or filed as an exhibit to, the Registration Statement or any Incorporated Document (including, without limitation, all charter parties to which the Company or any Subsidiary is a party),
      and no such termination or non-renewal has been threatened by the Company or any of its Subsidiaries or, to the Company's knowledge, any other party to any such contract or agreement. Any descriptions of the terms of any of the foregoing contracts
      and agreements that are contained in the Registration Statement and the Prospectus are accurate and complete in all material respects.&#160; The Stockholders Rights Agreement, dated September 22, 2016, by and between the Company and Computershare Trust
      Company, N.A. (as amended, the "<font style="font-weight: bold; font-style: italic;">Rights Agreement</font>"), constitutes a valid and binding agreement of each such party enforceable against each such party in accordance with its terms; and when
      issued in accordance with the terms of the Rights Agreement, the preferred stock purchase rights constitute valid and binding obligations of the Company and the Registration Statement and the Prospectus contain a summary of the terms of the Rights
      Agreement, which summary is accurate and complete in all material respects.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">9</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxvi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        is in compliance in all material respects with all applicable provisions of the Sarbanes-Oxley Act of 2002 and the rules and regulations of the Commission thereunder.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxvii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as
        described in the Registration Statement and the Prospectus,&#160; the Company has established and maintains disclosure controls and procedures (within the meaning of Rule 13a-15(e) of the Exchange Act) designed to ensure that information required to be
        disclosed in the reports that the Company files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Commission and that such information is accumulated
        and communicated to the Company's management, including its Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. The Company has utilized such controls and procedures in
        preparing and evaluating the disclosures in the Registration Statement and the Prospectus.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxviii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">To the
        knowledge of the Company, neither the Company, the Subsidiaries, nor any director, officer, agent, employee or affiliate of the Company or any Subsidiary, has taken any action directly or indirectly, that would result in a violation by such persons
        of the FCPA (as defined below), including, without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any
        money, or other property, gift, promise to give, or authorization of the giving of anything of value to any "Foreign official" (as such term is defined in the FCPA) or any foreign political party or official thereof or any candidate for foreign
        political office, in contravention of the FCPA, and the Company and each of its Subsidiaries has conducted its business in compliance with the FCPA and has instituted and maintains policies and procedures designed to ensure, and which are
        reasonably expected to continue to ensure, continued compliance therewith.&#160; "<font style="font-weight: bold; font-style: italic;">FCPA</font>" means the Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxix)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        and each of its Subsidiaries have complied in all material respects with the money laundering statutes of applicable jurisdictions, the rules and regulations thereunder and any related or similar rules, regulations or guidelines, issued,
        administered or enforced by applicable governmental agencies (collectively, the "<font style="font-weight: bold; font-style: italic;">Money Laundering Laws</font>"), and no action, suit or proceeding by or before any court or governmental agency,
        authority or body or any arbitrator involving the Company or any of its Subsidiaries with respect to the Money Laundering Laws is pending or, to the knowledge of the Company, threatened.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxx)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Neither the
        Company, any of its Subsidiaries, nor, to the knowledge of the Company, any director, officer, employee, representative, agent, or affiliate of the Company or any of its Subsidiaries is currently subject to any U.S. sanctions administered by the
        Office of Foreign Assets Control of the U.S. Department of the Treasury.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">No
        transaction has occurred or agreement or understanding entered into between or among the Company or any of its Subsidiaries on the one hand, and any officer, director or 5% or greater stockholder of the Company or any Subsidiary of the Company or
        any affiliate or affiliates of any such officer, director or 5% or greater stockholder that is required to be described that is not so described in the Registration Statement and the Prospectus.&#160; Neither the Company nor any of its Subsidiaries has,
        directly or indirectly, extended or maintained credit, or arranged for the extension of credit, or renewed an extension of credit, in the form of a personal loan to or for any of its directors or executive officers in violation of applicable laws,
        including Section 402 of the Sarbanes-Oxley Act.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">10</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">(a) Neither
        the Company nor any of its Subsidiaries is in violation of any applicable international, national, state or local convention, law, regulation, order, governmental license, convention, treaty (including those promulgated by the International
        Maritime Organization) or other requirement relating to pollution or protection of human health or safety (as they relate to exposure to Materials of Environmental Concern (as defined below)) or protection of the environment (including, without
        limitation, ambient air, surface water, groundwater, land surface or subsurface strata) or protection of natural resources, including without limitation, conventions, laws or regulations relating to emissions, discharges, releases or threatened
        releases of chemicals, pollutants, contaminants, wastes, toxic substances, hazardous substances, petroleum, petroleum products or other hydrocarbons (collectively, "<font style="font-weight: bold; font-style: italic;">Materials of Environmental
          Concern"</font>), or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of Materials of Environmental Concern (collectively, "<font style="font-weight: bold; font-style: italic;">Environmental Laws"</font>), nor has the Company or any Subsidiary received any written communication, whether from a Governmental Authority, citizens group, employee or otherwise, that alleges that the Company or any such Subsidiary is
        in violation of any Environmental Law or governmental license required pursuant to Environmental Law; except, in each case, as would not, individually or in the aggregate, have a Material Adverse Effect; (b) there is no claim, action or cause of
        action filed with a court or Governmental Authority and no investigation, or other action with respect to which the Company or any Subsidiary has received written notice alleging potential liability for investigatory costs, cleanup costs,
        governmental response costs, natural resources damages, property damages, personal injuries, attorneys' fees or penalties arising out of, based on or resulting from the presence, or release into the environment, of any Material of Environmental
        Concern at any location owned, leased or operated by the Company or any Subsidiary, now or in the past, or from any vessel owned, leased or operated by the Company or any Subsidiary, now or in the past (collectively, "<font style="font-weight: bold; font-style: italic;">Environmental Claim"</font>), pending or, to the knowledge of the Company, threatened against the Company or any Subsidiary or any person or entity whose liability for any Environmental Claim the Company or any
        Subsidiary has retained or assumed either contractually or by operation of law, except as would not, individually or in the aggregate, have a Material Adverse Effect; (c) to the knowledge of the Company, there are no past or present actions,
        activities, circumstances, conditions, events or incidents, including, without limitation, the release, emission, discharge, presence or disposal of any Material of Environmental Concern, that reasonably would be expected to result in a violation
        of any Environmental Law, require expenditures to be incurred pursuant to Environmental Law, or form the basis of an Environmental Claim against the Company, any Subsidiary or against any person or entity whose liability for any Environmental Claim
        the Company or any Subsidiary has retained or assumed either contractually or by operation of law, except as would not, individually or in the aggregate, have a Material Adverse Effect (for the avoidance of doubt, the operation of vessels in the
        ordinary course of business shall not be deemed, by itself, an action, activity, circumstance or condition set forth in this clause (c)); and (d) none of the Company or any Subsidiary is subject to any pending proceeding under Environmental Law to
        which a Governmental Authority is a party and which the Company reasonably believes is likely to result in monetary sanctions of US$100,000 or more. The Company has reasonably concluded that any existing compliance and remediation costs and
        liabilities arising under Environmental Laws and resulting from the business, operations or properties of the Company or any Subsidiary would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, except as
        set forth in or contemplated in the Registration Statement and the Prospectus. In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the
        Company and the Subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with
        Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties).&#160; No facts or circumstances have come to the Company's attention that could result in costs or
        liabilities that could be expected, individually or in the aggregate, to have a Material Adverse Effect.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">11</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxiii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">&#160; The
        Company and each of the Subsidiaries (A) is in compliance, in all material respects, with applicable foreign, federal, state and local laws, rules, regulations, statutes and codes promulgated by applicable governmental authorities (including
        pursuant to the Occupational Health and Safety Act) relating to the protection of human health and safety in the workplace ("<font style="font-weight: bold; font-style: italic;">Occupational Laws</font>"); (B) has received all material permits,
        licenses or other approvals required of it under applicable Occupational Laws to conduct its business as currently conducted; and (C) is in compliance, in all material respects, with all terms and conditions of such permit, license or approval.&#160; No
        action, proceeding, revocation proceeding, writ, injunction or claim is pending or, to the Company's knowledge, threatened against the Company or any of its Subsidiaries relating to Occupational Laws, and the Company does not have knowledge of any
        facts, circumstances or developments relating to its operations or cost accounting practices that could reasonably be expected to form the basis for or give rise to such actions, suits, investigations or proceedings.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxiv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">No material
        labor problem or dispute with the employees of the Company or any of its Subsidiaries exists or, to the knowledge of the Company, is threatened or imminent.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        has not, and to its knowledge no one acting on its behalf has, (a) taken, directly or indirectly, any action designed to cause or to result in the stabilization or manipulation of the price of any security of the Company to facilitate the sale or
        resale of any of the Shares, (b) sold, bid for, purchased, or paid any compensation for soliciting purchases of, any of the Shares or (c) paid or agreed to pay to any person any compensation for soliciting another to purchase any other securities
        of the Company, other than, in the case of clauses (b) and (c), compensation paid to the Agent in connection with the sale of the Shares.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxvi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Other than
        the Agent, no person or entity has the right to act as a placement agent, underwriter or as a financial advisor in connection with the sale of the Shares contemplated hereby, and, as of the date hereof, the Company is not a party to any agreement
        with an agent or underwriter for any other "at the market" offering or continuous equity transaction.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxvii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">There is no
        transaction, arrangement or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in the Registration Statement or the Prospectus
        and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxviii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">None of
        the Company, its Subsidiaries, or any of their respective affiliates, nor any person or entity acting on their behalf (excluding the Agent) has, directly or indirectly, made any offers or sales of any security or solicited any offers to buy any
        security, under circumstances that would cause the transactions contemplated by this Agreement to require approval of stockholders of the Company under any applicable stockholder approval provisions, including, without limitation, under the rules
        and regulations of the NASDAQ Capital Market.&#160; None of the Company, its Subsidiaries, their affiliates nor any person or entity acting on their behalf will take any action or steps that would cause the offering of any of the Shares to be integrated
        with other offerings of securities of the Company.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xxxix)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Any
        statistical and market-related data included in the Registration Statement and the Prospectus are based on or derived from sources that the Company believes to be reliable and accurate and, to the extent required, the Company has obtained the
        written consent to the use of such data from such sources.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xl)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The
        Registration Statement is not the subject of a pending proceeding or examination under Section 8(d) or 8(e) of the Securities Act, and the Company is not the subject of a pending proceeding under Section 8A of the Securities Act in connection with
        the offering of the Shares.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">12</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xli)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">There are no
        affiliations with any FINRA member firm among the Company's officers, directors or, to the knowledge of the Company, any five percent (5%) or greater stockholder of the Company, except as set forth in the Registration Statement or the Prospectus.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xlii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Neither the
        Company nor any Subsidiary or any of their respective properties or assets has any immunity from the jurisdiction of any court or from any legal process (whether through service or notice, attachment prior to judgment, attachment in aid of
        execution or otherwise) under the laws of the United States, Liberia, the Republic of the Marshall Islands or any political subdivisions thereof.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xliii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"> The Company
        is a "foreign private issuer" as defined in Rule 405 promulgated under the Securities Act.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xliv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        did not qualify as a "passive foreign investment company" within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xlv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each
        "forward-looking statement" (within the meaning of Section 27A of the Securities Act or Section 21E of the Exchange Act) contained in the Registration Statement and the Prospectus has been made or reaffirmed with a reasonable basis and has been
        disclosed in good faith.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xlvi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        has the power to submit, and pursuant to Section 18 of this Agreement has legally, validly, effectively and irrevocably submitted, to the jurisdiction of any federal or state court in the State of New York, County of New York, and has the power to
        designate, appoint and empower, and pursuant to Section 18 of this Agreement has legally, validly and effectively designated, appointed and empowered, an agent for service of process in any suit or proceeding based on or arising under this
        Agreement in any federal or state court in the State of New York.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xlvii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The
        interactive data in eXtensible Business Reporting Language included or incorporated by reference in the Registration Statement fairly presents the information called for in all material respects and has been prepared in accordance with the
        Commission's rules and guidelines applicable thereto.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Any certificate
        signed by any officer of the Company and delivered to the Agent or the Agent's counsel shall be deemed a representation and warranty by the Company to the Agent as to the matters covered thereby.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">At each Bringdown
        Date (as defined herein) and each Time of Sale, the Company shall be deemed to have affirmed each representation and warranty contained in or made pursuant to this Agreement as of such date as though made at and as of such date (except that such
        representations and warranties shall be deemed to relate to the Registration Statement and the Prospectus as amended and supplemented on such date).</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt; font-weight: bold; font-style: italic;">2.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt; font-weight: bold; font-style: italic;">Representations and Warranties of the Company as to Maritime Matters.</font></div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="text-indent: 72pt;"><font style="font-size: 12pt;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each of the vessels described in
        the Registration Statement and the Prospectus as being owned by the Company or any Subsidiary as described therein ("<font style="font-weight: bold; font-style: italic;">Owned</font><u>&#160;</u><font style="font-weight: bold; font-style: italic;">Vessels</font>")


        has been duly and validly registered in the name of a Subsidiary under the laws and regulations and flag of the nation of its registration; no other action is necessary to establish and perfect such entity's title to and interest in any of the
        Owned Vessels as against any third party; and each Owned Vessel is owned directly by the Company or such Subsidiary free and clear of all liens, claims, security interests or other encumbrances, except such as are described in or contemplated by
        the Registration Statement and the Prospectus.&#160; Each such Subsidiary has good title to the applicable Owned Vessel, free and clear of all mortgages, pledges, liens, security interests and claims and all defects of the title of record except for
        maritime liens incurred in the ordinary course and those liens arising under Credit Facilities, each as disclosed in the Registration Statement and the Prospectus.</font></div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">13</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt;"><font style="font-size: 12pt;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as described in the
        Registration Statement and the Prospectus, neither the Company nor any of its Subsidiaries is a party to any memorandum of agreement or option agreement to purchase any vessels.</font></div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="text-indent: 72pt;"><font style="font-size: 12pt;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Any vessel currently being built
        for the Company or any Subsidiary (a "<font style="font-weight: bold; font-style: italic;">NewBuild Vessel</font><font style="font-style: italic;">"</font>) is disclosed in the Registration Statement or the Prospectus.&#160; Each applicable Subsidiary
        has all rights, title and interest as purchaser of each NewBuild Vessel under a shipbuilding contract for such NewBuild Vessels (each, a "<font style="font-weight: bold; font-style: italic;">Shipbuilding Contract</font>"), free of any mortgages,
        pledges, liens, security interests, claims, restrictions or encumbrances except for those liens arising under Credit Facilities or as disclosed in the Registration Statement or the Prospectus and all installments which were due to be paid under
        each Shipbuilding Contract up to and including the date hereof have been duly paid or extended upon the mutual consent of the parties to such Shipbuilding Contract and there are no defaults or breaches by the applicable Subsidiary or, to the
        Company's knowledge, by the builder of the applicable NewBuild Vessel, under any Shipbuilding Contract, in any such case which would permit the builder to terminate such Shipbuilding Contract or entitle the builder to delay delivery of the
        applicable NewBuild Vessel for more than ten (10) days.&#160; Each Shipbuilding Contract has been duly authorized and has been executed and delivered by the respective parties thereto, and the Company has no reason to believe that such agreements do not
        constitute valid and binding agreements of each such party enforceable in all material respects against each such party in accordance with its terms.</font></div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="text-indent: 72pt;"><font style="font-size: 12pt;">(d)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each of the Owned Vessels is in
        good standing with respect to the payment of past and current taxes, fees and other amounts payable under the laws of the jurisdiction in which it is registered, except where such lien or defect of title or record would not result in a Material
        Adverse Effect.</font></div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="text-indent: 72pt;"><font style="font-size: 12pt;">(e)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each of the Owned Vessels is
        operated in compliance with the rules, codes of practice, conventions, protocols, guidelines or similar requirements or restrictions imposed, published or promulgated by any governmental authority, classification society or insurer applicable to
        the respective Owned Vessel (collectively, "<font style="font-weight: bold; font-style: italic;">Maritime Guidelines</font>") and all applicable international, national, state and local conventions, laws, regulations, orders, governmental licenses
        and other requirements (including, without limitation, all Environmental Laws), in each case as in effect on the date hereof, except where such failure to be in compliance would not result in a Material Adverse Effect. The Company and each
        applicable Subsidiary are qualified to own or lease, as the case may be, and operate such Owned Vessels under all applicable international, national, state and local conventions, laws, regulations, orders, governmental licenses and other
        requirements (including, without limitation, all Environmental Laws) and Maritime Guidelines, including the laws, regulations and orders of each such vessel's flag state, in each case as in effect on the date hereof, except where such failure to be
        so qualified would not result in a Material Adverse Effect.</font></div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
    </div>
    <div style="text-indent: 72pt;"><font style="font-size: 12pt;">(f)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each of the Owned Vessels is
        classed by a classification society which is a full member of the International Association of Classification Societies and such Owned Vessels are in class with valid class and trading certificates, without any overdue recommendations, in each case
        based on the classification and certification requirements in effect on the date hereof.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">3.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Purchase, Sale and Delivery of Shares</font>.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-style: italic;">At the Market Sales</font>.&#160; On the basis of the representations, warranties and agreements herein the Company agrees that, from time to time during the term of this Agreement, on the terms and subject to the
        conditions set forth herein, it may issue and sell through the Agent, acting as sales agent, the Shares up to an aggregate offering price of US$5,000,000 (the "<font style="font-weight: bold; font-style: italic;">Offering Size</font>"); provided,
        however, that in no event shall the Company issue or sell through the Agent such number of Shares that (a) exceeds the number or dollar amount of Common Shares registered on the Registration Statement, pursuant to which the Offering is being made,
        (b) exceeds the number of authorized but unissued Common Shares under the Company's Third Amended and Restated Articles of Incorporation, as amended or (c) would cause the Company or the offering of the Shares to not satisfy the eligibility and
        transaction requirements for use of Form F-3 (including, if applicable, General Instruction I.B.5 of Form F-3 (the lesser of (a), (b) and (c), the "<font style="font-weight: bold; font-style: italic;">Maximum Amount</font>")).&#160; Notwithstanding
        anything to the contrary contained herein, the parties hereto agree that compliance with the limitations set forth in this <u>Section 3(a)</u> on the number and aggregate sales price of Shares issued and sold under this Agreement shall be the sole
        responsibility of the Company and that Agent shall have no obligation in connection with such compliance. Notwithstanding the foregoing, the Company agrees that it will provide the Agent with written notice no less than one (1) business day prior
        to the date on which it makes the initial sale of Shares under this Agreement.&#160; As used herein, the terms "<font style="font-weight: bold; font-style: italic;">business day</font>" means any day (other than Saturday, Sunday or any federal holiday
        in the United States) in which commercial banks in New York, New York are open for business.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">14</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">For purposes of
        selling the Shares through the Agent, the Company hereby appoints the Agent as exclusive agent of the Company (including in the event the Company increases the Offering Size) for the purpose of soliciting purchases of the Shares from the Company
        pursuant to this Agreement and the Agent agrees to use its commercially reasonable efforts to sell the Shares on the terms and subject to the conditions stated herein.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each time the
        Company wishes to issue and sell the Shares hereunder (each, a "<font style="font-weight: bold; font-style: italic;">Transaction</font>"), it will notify the Agent by telephone (confirmed promptly by facsimile or e-mail to the appropriate
        individual listed on <u>Schedule D</u> hereto), using a form substantially similar to that set forth on <u>Schedule C</u> hereto (a "<font style="font-weight: bold; font-style: italic;">Transaction Notice</font>") as to the maximum number of
        Shares to be sold by the Agent on such day and in any event not in excess of the amount available for issuance under the Prospectus and the currently effective Registration Statement, the time period during which sales are requested to be made, any
        limitation on the number of shares that may be sold in any one Trading Day (as defined below), and any minimum price below which sales may not be made.&#160; The Transaction Notice shall originate from any of the individuals from the Company set forth
        on <u>Schedule B</u> (with a copy to each of the other individuals from the Company listed on such Schedule), and shall be addressed to each of the individuals from the Agent set forth on <u>Schedule D</u>, as such <u>Schedule D</u> may be
        amended from time to time. Subject to the terms and conditions hereof and unless the sale of the Shares described therein has been declined, suspended, or otherwise terminated in accordance with the terms of this Agreement, the Agent shall promptly
        acknowledge the Transaction Notice by facsimile or e-mail (or by some other method mutually agreed to in writing by the parties) and shall use its commercially reasonable efforts to sell all of the Shares so designated by the Company in, and in
        accordance with the terms set forth in, the Transaction Notice; provided, however, that any obligation of the Agent to use such commercially reasonable efforts shall be subject to the continuing accuracy of the representations and warranties of the
        Company herein, to the performance by the Company of its obligations hereunder and to the continuing satisfaction of the additional conditions specified in <u>Section 5</u> of this Agreement.&#160; The gross sales price of the Shares sold under this <u>Section


          3(a)</u> shall be equal to the market price for the Common Shares sold by the Agent under this <u>Section 3(a)</u> on the NASDAQ Capital Market at the time of such sale.&#160; For the purposes hereof, "<font style="font-weight: bold; font-style: italic;">Trading Day</font>" means any day on which Common Shares are purchased and sold on the principal market on which the Common Shares are listed or quoted.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(iii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company or
        the Agent may, upon notice to the other party hereto by telephone (confirmed promptly by facsimile or e-mail to the respective individuals of the other party set forth on <u>Schedule D</u> hereto, which confirmation shall be promptly acknowledged
        by the other party), suspend the Offering for any reason and at any time, whereupon the Agent shall so suspend the offering of Shares until further notice is provided by the other party to the contrary; <font style="font-style: italic;">provided</font>,
        <font style="font-style: italic;">however</font>, that such suspension or termination shall not affect or impair the parties' respective obligations with respect to the Shares sold hereunder prior to the receipt by the Agent of such notice.&#160; Each
        of the parties agrees that no such notice under this <u>Section 3(a)(iii)</u> shall be effective against the other unless it is made to one of the individuals named on <u>Schedule D</u> hereto, as such Schedule may be amended from time to time.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(iv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        acknowledges and agrees that (A) there can be no assurance that the Agent will be successful in selling the Shares, (B) the Agent will incur no liability or obligation to the Company or any other person or entity if it does not sell Shares for any
        reason other than a failure by the Agent to use its commercially reasonable efforts consistent with its normal trading and sales practices and applicable law and regulations to sell such Shares as required under this Agreement, and (C) the Agent
        shall be under no obligation to purchase shares on a principal basis pursuant to this Agreement.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(v)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Agent may
        sell Shares by any method permitted by law to be an "at the market offering" as defined in Rule 415 under the Securities Act, including without limitation sales made directly on the NASDAQ Capital Market, on any other existing trading market for
        the Common Shares or to or through a market maker. The Agent may also sell Shares in privately negotiated transactions (which, for the avoidance of doubt, shall not include block trades initiated on the NASDAQ Capital Market) with the Company's
        prior written approval.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">15</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt; font-size: 12pt;">(vi)<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;">&#160;</font><font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font>The compensation to the Agent for sales of the Shares, as an agent of the Company, shall be a transaction fee (the "<font style="font-weight: bold; font-style: italic;">Transaction Fee</font>") equal to two percent (2.0%) of
      the gross sales price of all the Shares sold pursuant to this <u>Section 3(a)</u>.&#160; The remaining proceeds, after further deduction for any transaction or other fees imposed by any governmental or self-regulatory organization in respect of such
      sales, shall constitute the net proceeds to the Company for such Shares (the "<font style="font-weight: bold; font-style: italic;">Net Proceeds</font>").&#160; The Agent shall notify the Company as promptly as practicable if any deduction referenced in
      the preceding sentence will be required.</div>
    <div style="text-indent: 108pt; margin-top: 12pt; font-size: 12pt;">(vii)<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font><font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;">&#160;</font>In the event the Company and the Agent mutually determine that instead of proceeding with the Offering to proceed with (or concurrently with the Offering engage in) a different offering of the Company's equity, equity-linked
      or debt securities (each, an "<font style="font-weight: bold; font-style: italic;">Alternative Transaction</font>"), the terms and conditions of such offering shall be&#160; memorialized in a separate agreement, the terms of which shall provide a
      customary fee to the Agent as well as reimbursement of Agent's related legal&#160; fees and disbursements as agreed to between the parties; provided, that the Company shall pay the Agent a cash fee of six and one-half percent (6.5%) of the gross proceeds
      of the Alternative Transaction from sales to the investors set forth in <u>Schedule F</u> hereto (as it may be amended by the Agent from time to time, subject to the Company's written consent, the "<font style="font-weight: bold; font-style: italic;">Introduced Investors</font>"), including the gross proceeds derived from the exercise of warrants issued in connection with the Alternative Transaction. In addition, the Agent shall be entitled to a Transaction Fee (whether in connection
      in the Offering or the Alternative Transaction) with respect to any public or private offering or other financing or capital-raising transactions of the Company or any Subsidiary to the extent such financing or capital is provided to the Company or
      any such Subsidiary by the Introduced Investors, but only if such Alternative Transaction is consummated within the nine (9) month period from the date hereof. This <u>Section 3(a)(vii)</u> shall survive the termination of this Agreement.</div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(viii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Agent
        shall provide written confirmation (which may be by facsimile or electronic mail) to the Company following the close of trading on the NASDAQ Capital Market each day in which the Shares are sold under this <u>Section 3(a)</u> setting forth the
        number of the Shares sold on such day, the aggregate gross sale proceeds, the Net Proceeds to the Company, and the compensation payable by the Company to the Agent with respect to such sales.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ix)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">All Shares sold
        pursuant to this <u>Section 3(a)</u> will be delivered by the Company to Agent for the accounts of the Agent on the second full business day following the date on which such Shares are sold, or at such other time and date as Agent and the Company
        determine pursuant to Rule 15c6-1(a) under the Exchange Act, each such time and date of delivery being herein referred to as a "<font style="font-weight: bold; font-style: italic;">Settlement Date</font>."&#160; On each Settlement Date, the Shares sold
        through the Agent for settlement on such date shall be issued and delivered by the Company to the Agent against payment of the Net Proceeds from the sale of such Shares.&#160; Settlement for all such Shares shall be effected by free delivery of the
        Shares by the Company or its transfer agent (i) to the Agent or its designee's account (provided the Agent shall have given the Company written notice of such designee prior to the Settlement Date) at The Depository Trust Company ("<font style="font-weight: bold; font-style: italic;">DTC</font>") or (ii) by such other means of delivery as may be mutually agreed upon by the parties hereto, which in all cases (provided that such Shares were sold pursuant to the Registration
        Statement) shall be freely tradable, transferable, registered shares in good deliverable form, in return for payment in same day funds delivered to an account designated by the Company.&#160; If the Company or its transfer agent (if applicable) shall
        default on its obligation to deliver the Shares on any Settlement Date, the Company shall (A) indemnify and hold the Agent harmless against any loss, claim or damage arising from or as a result of such default by the Company and (B) pay the Agent
        any commission to which it would otherwise be entitled absent such default. If the Agent breaches this Agreement by failing to deliver the Net Proceeds on any Settlement Date for the shares delivered by the Company, the Agent will pay the Company
        interest based on the effective prime rate until such proceeds, together with such interest, have been fully paid.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">16</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(x)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Under no
        circumstances shall the Company cause or request the offer or sale of any Shares if, after giving effect to the sale of such Shares, the aggregate gross sales proceeds sold pursuant to this Agreement would exceed the lesser of (A) together with all
        sales of Shares under this Agreement, the Maximum Amount, (B) the amount available for offer and sale under the currently effective Registration Statement and (C) the amount authorized from time to time to be issued and sold under this Agreement by
        the Company's board of directors, a duly authorized committee thereof or a duly authorized executive committee, and notified to the Agent in writing.&#160; Under no circumstances shall the Company cause or request the offer or sale of any Shares at a
        price lower than the minimum price authorized from time to time by the Company's board of directors, duly authorized committee thereof or a duly authorized executive committee, and notified to the Agent in writing.&#160; Further, under no circumstances
        shall the aggregate offering amount of the Shares sold pursuant to this Agreement, including any separate underwriting or similar agreement covering principal transactions, exceed the Maximum Amount.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xi)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Unless the
        exceptive provisions set forth in Rule 101(c)(1) of Regulation M under the Exchange Act are satisfied with respect to the Shares, the Company shall give the Agent at least one business day's prior notice of its intent to sell any Shares in order to
        allow the Agent time to comply with Regulation M.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(xii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        agrees that during the term of this Agreement, any offer to sell, any solicitation of an offer to buy, or any sales of Shares in an "at the market offering" as defined in Rule 415 under the Securities Act, including pursuant to <u>Section 4(o)</u>
        of this Agreement, shall only be effected by or through the Agent; provided, however, that the foregoing limitation shall not apply to the exercise of any outstanding option or warrant described in the Registration Statement and the Prospectus.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Nothing herein
        contained shall constitute the Agent an unincorporated association or partner with the Company.&#160; Under no circumstances shall any Shares be sold pursuant to this Agreement after the date which is three years after the Registration Statement is
        first declared effective by the Commission.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Notwithstanding
        any other provisions of this Agreement, the Company agrees that no sale of Shares shall take place, and the Company shall not request the sale of any Shares, and the Agent shall not be obligated to sell, during any period in which the Company is,
        or could be deemed to be, in possession of material non-public information.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">4.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;"><u>Covenants</u></font>.&#160; The Company covenants and agrees with the Agent as follows:</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">After the date
        hereof and through any Prospectus Delivery Period, prior to amending or supplementing the Registration Statement (including any Rule 462(b) Registration Statement), Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus, the
        Company shall furnish to the Agent for review a copy of each such proposed amendment or supplement, allow the Agent a reasonable amount of time to review and comment on such proposed amendment or supplement, and the Company shall not file any such
        proposed amendment or supplement to which the Agent or counsel to the Agent reasonably object; provided that the foregoing shall not apply with regards to the filing by the Company of any Form 20-F, Form 6-K or other Incorporated Document.&#160; Subject
        to this <u>Section 4(a)</u>, immediately following execution of this Agreement, the Company will prepare a prospectus supplement describing the selling terms of the Shares hereunder, the plan of distribution thereof and such other information as
        may be required by the Securities Act or the Rules and Regulations or as the Agent and the Company may deem appropriate, and if requested by the Agent, a Permitted Free Writing Prospectus containing the selling terms of the Shares hereunder and
        such other information as the Company and the Agent may deem appropriate, and will file or transmit for filing with the Commission, in accordance with Rule 424(b) or Rule 433, as the case may be, copies of the Prospectus as supplemented and each
        such Permitted Free Writing Prospectus.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">17</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">After the date of
        this Agreement, the Company shall promptly advise the Agent in writing (i) of the receipt of any comments of, or requests for additional or supplemental information from, the Commission or for any amendments or supplements to the Registration
        Statement, the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus (excluding any Incorporated Documents), (ii) of the time and date of any filing of any post-effective amendment to the Registration Statement or any amendment
        or supplement to any Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus (excluding any Incorporated Documents), (iii) of the time and date that any post-effective amendment to the Registration Statement becomes effective, (iv)
        of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or any post-effective amendment thereto or of any order preventing or suspending its use or the use of any Base Prospectus, the
        Prospectus or any Permitted Free Writing Prospectus, or (v) of any proceedings to remove, suspend or terminate from listing or quotation the Common Shares from any securities exchange upon which it is listed for trading or included or designated
        for quotation, or, subject to the Company's knowledge, of the threatening or initiation of any proceedings for any of such purposes.&#160; If the Commission shall enter any such stop order at any time, the Company may terminate this Agreement.&#160;
        Additionally, the Company agrees that it shall comply with the provisions of Rules 424(b), 430B and 430C, as applicable, under the Securities Act and will use its reasonable efforts to confirm that any filings made by the Company under Rule 424(b),
        Rule 433 or Rule 462 were received in a timely manner by the Commission (without reliance on Rule 424(b)(8) or Rule 164(b)).</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">(i)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>From the date hereof through the later of (A) the termination of this Agreement and (B) the end of any applicable Prospectus Delivery
        Period, the Company will comply with all requirements imposed upon it by the Securities Act, as now and hereafter amended, and by the Rules and Regulations, as from time to time in force, and by the Exchange Act so far as necessary to permit the
        continuance of sales of or dealings in the Shares as contemplated by the provisions hereof,&#160; the Base Prospectus, the Prospectus and any Permitted Free Writing Prospectus. If during any applicable Prospectus Delivery Period any event occurs as a
        result of which the Base Prospectus, the Prospectus, or any Permitted Free Writing Prospectus would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the
        circumstances then existing, not misleading, or if during any applicable Prospectus Delivery Period it is necessary or appropriate in the opinion of the Company or its counsel or in the reasonable opinion of the Agent or counsel to the Agent to
        amend the Registration Statement or supplement the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus, to comply with the Securities Act or to file under the Exchange Act any document which would be deemed to be incorporated
        by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, the Company will promptly notify Agent (or the Agent will notify the Company, as applicable), and the Agent shall suspend the offering and sale of any
        such Shares, and the Company will amend the Registration Statement or supplement the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus or file such document (at the expense of the Company) so as to correct such statement or
        omission or effect such compliance within the time period prescribed by the Securities Act or the Exchange Act.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">In case the
        Agent is required to deliver (whether physically or through compliance with Rule 172 under the Securities Act or any similar rule), in connection with the sale of the Shares, a Prospectus after the nine-month period referred to in Section 10(a)(3)
        of the Securities Act, or after the time a post-effective amendment to the Registration Statement is required pursuant to Item 512(a) of Regulation S-K under the Securities Act, the Company will prepare, at its expense, promptly upon request such
        amendment or amendments to the Registration Statement and the Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act or Item 512(a) of Regulation S-K under the Securities Act, as the case
        may be.&#160; The Company shall cause each amendment or supplement to any Base Prospectus or the Prospectus to be filed with the Commission as required pursuant to the applicable paragraph of Rule 424(b) of the Securities Act or, in the case of any
        document which would be deemed to be incorporated by reference therein, to be filed with the Commission as required pursuant to the Exchange Act, within the time period prescribed.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">18</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">If at any time
        following issuance of a Permitted Free Writing Prospectus there occurs an event or development as a result of which such Permitted Free Writing Prospectus would conflict with the information contained in the Registration Statement, the Base
        Prospectus or the Prospectus, or would include an untrue statement of a material fact or omitted or would omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances prevailing at that
        subsequent time, not misleading, the Company promptly will notify the Agent and will promptly amend or supplement, at its own expense, such Permitted Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(d)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        use commercially reasonable efforts to take or cause to be taken all necessary action to qualify the Shares for sale under the securities laws of such jurisdictions as Agent reasonably designates and to continue such qualifications in effect so
        long as required for the distribution of the Shares, except that the Company shall not be required in connection therewith to qualify as a foreign corporation or to execute a general consent to service of process in any state.&#160; The Company shall
        promptly advise the Agent of the receipt by the Company of any notification with respect to the suspension of the qualification of the Shares for offer or sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(e)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company will
        furnish to the Agent and counsel for the Agent, to the extent requested, copies of the Registration Statement, the Base Prospectus, the Prospectus, any Permitted Free Writing Prospectus, and all amendments and supplements to such documents, in each
        case as soon as available and in such quantities as the Agent may from time to time reasonably request.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(f)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company will
        make generally available to its security holders as soon as practicable an earnings statement (which need not be audited) covering a 12-month period that shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 of the Rules
        and Regulations.&#160; If the Company makes any public announcement or release disclosing its results of operations or financial condition for a completed quarterly, semi-annual or annual fiscal period (each, an "<font style="font-weight: bold; font-style: italic;">Earnings Release</font>") and the Company has not yet filed an Annual Report on Form 20-F or a Form 6-K with respect to such information, as applicable, then, prior to any sale of Shares, the Company shall be obligated to (x)
        file a prospectus supplement with the Commission under the applicable paragraph of Rule 424(b), which prospectus supplement shall include the applicable financial information or (y) file a Report on Form 6-K, which Form 6-K shall include the
        applicable financial information.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(g)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company,
        whether or not the transactions contemplated hereunder are consummated or this Agreement is terminated, will pay or cause to be paid (i) all expenses (including stock or transfer taxes and stamp or similar duties allocated to the respective
        transferees) incurred in connection with the registration, issue, sale and delivery of the Shares, (ii) all reasonable expenses and fees (including, without limitation, fees and expenses of the Company's accountants and counsel) in connection with
        the preparation, printing, filing, delivery, and shipping of the Registration Statement (including the financial statements therein and all amendments, schedules, and exhibits thereto), the Base Prospectus, each Prospectus, any Permitted Free
        Writing Prospectus, and any amendment thereof or supplement thereto, and the producing, word-processing, printing, delivery, and shipping of this Agreement and other closing documents, including Blue Sky Memoranda (covering the states and other
        applicable jurisdictions) prepared by counsel, if required, and including the cost to furnish copies of each thereof to the Agent, (iii) all filing fees, (iv) listing fees, if any, (v) the cost and expenses of the Company relating to investor
        presentations or any "roadshow" undertaken in connection with marketing of the Shares as agreed to by the Company, and (vi) all other costs and expenses of the Company incident to the performance of its obligations hereunder that are not otherwise
        specifically provided for herein.&#160; The Company will pay the sum of US$20,000 (the "<font style="font-weight: bold; font-style: italic;">Advance</font>") to the Agent for fees and disbursements of Agent's legal counsel, which pursuant to Rule
        5110(f)(2)(C) of FINRA shall be returned to the Company to the extent such expenses have not been actually incurred.&#160; The Company shall reimburse the Agent upon request (or pay directly on behalf of Agent, as requested by Agent) for its reasonable
        costs and out-of-pocket expenses incurred in connection with this Agreement, including the fees and disbursements of its legal counsel of up to an additional $20,000, payable within two (2) business days of the date on which US$2,000,000 in
        aggregate gross proceeds has been raised hereunder.&#160; If this Agreement is terminated prior to raising US$2,000,000 in aggregate gross proceeds hereunder, the Company shall reimburse the Agent up to US$20,000 for expenses incurred by the Agent's
        counsel within two (2) business days of the termination date of the Agreement. In addition, the Company shall pay the Agent US$7,500 for its legal fees for each Bringdown Date.&#160; All such reimbursements under this Agreement shall be paid in U.S.
        dollars.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">19</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(h)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company will
        apply the net proceeds from the sale of the Shares in the manner set forth under the caption "Use of Proceeds" in the Base Prospectus, the Prospectus, and any Permitted Free Writing Prospectus.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company will
        not, without (i) giving the Agent at least three business days' prior written notice specifying the nature of the proposed sale and the date of such proposed sale and (ii) the Agent's suspending activity under this Agreement for such period of time
        as requested by the Company or as reasonably deemed appropriate by the Agent in light of the proposed sale, offer for sale, sell, contract to sell, pledge, grant any option for the sale of, enter into any transaction which is designed to, or might
        reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Company or any Subsidiary, or otherwise issue or dispose of, directly or indirectly
        (or publicly disclose the intention to make any such offer, sale, pledge, grant, issuance or other disposition), of any Common Shares or any securities convertible into or exchangeable for, or any options or rights to purchase or acquire, Common
        Shares, or permit the registration under the Securities Act of any Common Shares, such securities, options or rights, except for (i) the registration of the Shares and the sales through the Agent pursuant to this Agreement (ii) the registration of
        Common Shares issued or issuable with respect to any currently outstanding options and warrants that are described in the Registration Statement and the Prospectus and (iii) a registration statement on Form F-8 relating to employee benefit plans.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(j)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        not offer or sell any Shares under this Agreement by means of any "prospectus" (within the meaning of the Securities Act), or use any "prospectus" (within the meaning of the Securities Act) in connection with the offer or sale of the Shares, in
        each case other than the Prospectus or any Permitted Free Writing Prospectus.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(k)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Until the
        termination of this Agreement, the Company will not take, directly or indirectly, any action designed to or that would constitute or that might reasonably be expected to cause or result in, under the Exchange Act or otherwise, stabilization or
        manipulation in violation of the Securities Act, the Exchange Act or the rules and regulations thereunder of the price of any security of the Company to facilitate the sale or resale of the Shares or otherwise violate any provision of Regulation M
        under the Exchange Act.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(l)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company will
        not incur any liability for any finder's or broker's fee or agent's commission in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby or thereby, except as contemplated herein.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(m)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">During any
        applicable Prospectus Delivery Period, the Company will file on a timely basis with the Commission such periodic and current reports as required by the Rules and Regulations.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(n)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as
        described in the Company's annual report on Form 20-F for the fiscal year ended December 31, 2018, the Company has maintained, and will maintain, such controls and other procedures, including without limitation those required by Sections 302 and
        906 of the Sarbanes-Oxley Act and the applicable regulations thereunder, that are designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed,
        summarized and reported within the time periods specified in the Commission's rules and forms, including without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it
        files or submits under the Exchange Act is accumulated and communicated to the Company's management, including its principal executive officer and its principal financial officer, or persons performing similar functions, as appropriate to allow
        timely decisions regarding required disclosure, to ensure that material information relating to Company is made known to them by others within those entities.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">20</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(o)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each of the
        Company and Agent represent and agree that, neither the Company nor the Agent has made and will make any offer relating to the Shares that would constitute an "issuer free writing prospectus," as defined in Rule 433 under the Securities Act, or
        that would otherwise constitute a "free writing prospectus," as defined in Rule 405 under the Securities Act, required to be filed with the Commission other than a Permitted Free Writing Prospectus.&#160; The Company represents that it has treated or
        agrees that it will treat each Permitted Free Writing Prospectus as an "issuer free writing prospectus," as defined in Rule 433, and has complied and will comply with the requirements of Rule 433 applicable to any Permitted Free Writing Prospectus,
        including timely Commission filing where required, legending and record keeping.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(p)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">On the date
        hereof and each date when the Company (A) amends or supplements (other than a supplement to a Prospectus filed pursuant to Rule 424(b) under the Securities Act relating solely to the offering of securities other than the Shares ) the Registration
        Statement or Prospectus by means of a post-effective amendment, sticker, or supplement but not by means of incorporation of documents by reference into the Registration Statement or the Prospectus relating to the Shares, (B) files an annual report
        on Form 20-F under the Exchange Act (including any Form 20-F/A&#160; containing amended material financial information or a material amendment to the previously filed Form 20-F) or (C) files a report on Form 6-K containing quarterly or semi-annual
        financial information that is incorporated by reference in the Registration Statement and Prospectus (each of the dates in (A) through (C) are referred to herein as a "<font style="font-weight: bold; font-style: italic;">Bringdown Date</font>"),
        the Agent shall receive a favorable opinion and negative assurance letter of Seward &amp; Kissel LLP, U.S. counsel for the Company, together with a favorable opinion of Seward &amp; Kissel LLP, special counsel for the Company on issues of Marshall
        Islands and Liberian law, each dated as of a date within ten (10) days after the applicable Bringdown Date, addressed to the Agent and modified as necessary to relate to the Registration Statement and the Prospectus as amended and supplemented to
        the time of delivery of such opinions.&#160; With respect to this <u>Section 4(p)</u>, in lieu of delivering such opinions or letters for Bringdown Dates subsequent to the date hereof, such counsel may furnish agent with a letter (a "<font style="font-weight: bold; font-style: italic;">Reliance Letter</font>") to the effect that Agent may rely upon a prior opinion or letter delivered under this <u>Section 4(p)</u> to the same extent as if it were dated the date of such letter
        (except that statement in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented as of the date of such Reliance Letter); provided, however, the requirement to provide opinions and
        letters under this <u>Section 4(p)</u> is hereby waived for any Bringdown Date occurring at a time at which no Transaction Notice is pending, which waiver shall continue until the earlier to occur of the date the Company delivers a Transaction
        Notice hereunder and the next occurring Bringdown Date.&#160; Notwithstanding the foregoing, if the Company subsequently decides to sell Shares following a Bringdown Date when the Company relied on such waiver and did not provide Agent with opinions and
        letters under this <u>Section 4(p)</u>, then before the Company delivers the Transaction Notice or Agent sells any Shares, the Company shall cause Seward &amp; Kissel LLP to furnish to the Agent a written opinion and negative assurance letter
        dated the date of the Transaction Notice.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(q)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">On the date
        hereof, and each date when the Company files an annual report on Form 20-F, or a report on Form 6-K containing quarterly or semi-annual financial information that is incorporated by reference in the Registration Statement and Prospectus, the
        Company shall cause <font style="background-color: #FFFFFF;">Deloitte Certified Public Accountants S.A.</font>, or other independent accountants satisfactory to the Agent, to deliver to the Agent (x) a letter, dated as of a date within ten (10)
        days after such date and addressed to Agent, in form and substance satisfactory to Agent (the first such letter, the "<font style="font-weight: bold; font-style: italic;">Initial Comfort Letter</font>"), confirming that they are independent public
        accountants within the meaning of the Securities Act and are in compliance with the applicable requirements relating to the qualifications of accountants under Rule 2-01 of Regulation S-X of the Commission, and stating the conclusions and findings
        of said firm with respect to the financial information and other matters and (y) a letter updating the Initial Comfort Letter with any information that would have been included in the Initial Comfort Letter had it been given on such date and as
        modified as necessary to relate to the date of such letter (each such letter, a "<font style="font-weight: bold; font-style: italic;">Bringdown Comfort Letter</font>"); <font style="font-style: italic;">provided, however,</font> the requirement to
        provide a Bringdown Comfort Letter under this <u>Section 4(q)</u> is hereby waived for any Bringdown Date occurring at a time at which no Transaction Notice is pending, which waiver shall continue until the earlier to occur of the date the Company
        delivers a Transaction Notice hereunder and the next occurring Bringdown Date.&#160; Notwithstanding the foregoing, if the Company subsequently decides to sell Shares following a Bringdown Date when the Company relied on such waiver and did not provide
        Agent with a Bringdown Comfort Letter under this <u>Section 4(q)</u>, then before the Company delivers the Transaction Notice or Agent sells any Shares, the Company shall cause <font style="background-color: #FFFFFF;">Deloitte Certified Public
          Accountants S.A.</font>, or other independent accountants satisfactory to the Agent, to deliver to the Agent a Bringdown Comfort Letter dated the date of the Transaction Notice.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">21</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(r)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">On the date
        hereof and each Bringdown Date, the Company shall furnish to the Agent a certificate, dated as of a date within ten (10) days after the applicable Bringdown Date and addressed to Agent, signed by the chief executive officer and by the chief
        financial officer of the Company, to the effect that:</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The
        representations and warranties of the Company in this Agreement are true and correct in all material respects as if made at and as of the date of the certificate, and the Company has complied in all material respects with all the agreements and
        satisfied all the conditions on its part to be performed or satisfied at or prior to the date of the certificate;</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">No stop order
        or other order suspending the effectiveness of the Registration Statement or any part thereof or any amendment thereof or the qualification of the Shares for offering or sale or notice that would prevent use of the Registration Statement, nor
        suspending or preventing the use of the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus, has been issued, and no proceeding for that purpose has been instituted or, to the best of their knowledge, is contemplated by the
        Commission or any state or regulatory body;</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(iii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Shares to
        be sold on that date have been duly and validly authorized by the Company and all corporate action required to be taken for the authorization, issuance and sale of the Shares on that date has been validly and sufficiently taken;</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(iv)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Subsequent to
        the respective dates as of which information is given in the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus, as amended and supplemented, and except for pending transactions disclosed therein, the Company has not incurred
        any material liabilities or obligations, direct or contingent, or entered into any material transactions, not in the ordinary course of business, or declared or paid any dividends or made any distribution of any kind with respect to its capital
        stock, and there has not been any material change in the capital stock or any issuance of options, warrants, convertible securities or other rights to purchase the capital stock (other than as a result of the exercise of any currently outstanding
        options or warrants that are disclosed in the Prospectus), or any material change in the short-term or long-term debt, of the Company, or any Material Adverse Effect or any development that would reasonably be likely to result in a Material Adverse
        Effect (whether or not arising in the ordinary course of business), or any material loss by strike, fire, flood, earthquake, accident or other calamity, whether or not covered by insurance, incurred by the Company; and</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(v)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as stated
        in the Base Prospectus, the Prospectus, and any Permitted Free Writing Prospectus, as amended and supplemented, there is not pending, or, to the knowledge of the Company, threatened or contemplated, any action, suit or proceeding to which the
        Company is a party before or by any court or governmental agency, authority or body, or any arbitrator, which would reasonably be likely to result in any Material Adverse Effect; provided, however, the requirement to provide a certificate under
        this <u>Section 4(r)</u> is hereby waived for any Bringdown Date occurring at a time at which no Transaction Notice is pending, which waiver shall continue until the earlier to occur of the date the Company delivers a Transaction Notice hereunder
        and the next occurring Bringdown Date.&#160; Notwithstanding the foregoing, if the Company subsequently decides to sell Shares following a Bringdown Date when the Company relied on such waiver and did not provide Agent with a certificate under this <u>Section


          4(r)</u>, then before the Company delivers the Transaction Notice or Agent sells any Shares, the Company shall provide Agent with a certificate dated the date of the Transaction Notice.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(s)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">A reasonable time
        prior to each Bringdown Date, the Company, if so requested by the Agent, shall conduct a due diligence session, in form and substance, satisfactory to the Agent, which shall include representatives of the management and the accountants of the
        Company.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">22</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(t)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        disclose in its annual report on Form 20-F and its reports on Form 6-K with quarterly or semi-annual financial information the number of Shares sold through the Agent under this Agreement, the Net Proceeds to the Company and the compensation paid
        by the Company with respect to sales of the Shares pursuant to this Agreement.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(u)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        ensure that there are at all times sufficient Common Shares pursuant to the Company's Third Amended and Restated Articles of Incorporation, as amended, to provide for the issuance, free of any preemptive rights, out of its authorized but unissued
        Common Shares, of the maximum aggregate number of Shares authorized for issuance by the Company's board of directors pursuant to the terms of this Agreement. The Company will use its reasonable best efforts to cause the Shares to be listed on the
        NASDAQ Capital Market, and to maintain such listing.&#160; The Company shall cooperate with Agent and use its reasonable efforts to permit Shares to be eligible for clearance and settlement through the facilities of DTC.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(v)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">At any time
        during the term of this Agreement, the Company will advise the Agent promptly after it receives notice or obtains knowledge of any information or fact that would alter or affect any opinion, certificate, letter and other document provided to the
        Agent pursuant to <u>Section 4</u> herein.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(w)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Subject to
        compliance with any applicable requirements of Regulation M under the Exchange Act and compliance with applicable securities laws, the Company consents to the Agent trading in Common Shares for the Agent's own account and for the account of its
        clients (in compliance with all applicable laws) at the same time as sales of the Shares occur pursuant to this Agreement.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(x)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">If to the
        knowledge of the Company, any condition set forth in <u>Section 5</u> of this Agreement shall not have been satisfied on the applicable Settlement Date, the Company will offer to any person who has agreed to purchase the Shares on such Settlement
        Date from the Company as the result of an offer to purchase solicited by the Agent the right to refuse to purchase and pay for such Shares.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(y)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">On the date
        hereof and each Bringdown Date, the Company shall furnish to the Agent an incumbency certificate, dated as of such date and addressed to Agent, signed by the secretary of the Company.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(z)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Each acceptance
        by the Company of an offer to purchase the Shares hereunder shall be deemed to be an affirmation to the Agent that the representations and warranties of the Company contained in or made pursuant to this Agreement are true and correct as of the date
        of such acceptance as though made at and as of such date, and an undertaking that such representations and warranties will be true and correct as of the Settlement Date for the Shares relating to such acceptance, as though made at and as of such
        date (except that such representations and warranties shall be deemed to relate to the Registration Statement and the Prospectus as amended and supplemented relating to such Shares).</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(aa)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        shall ensure that there are at all times sufficient Common Shares to provide for the issuance, free of any preemptive rights, out of its authorized but unissued Common Shares or Common Shares held in treasury, of the maximum aggregate number of
        Shares authorized for issuance by the Company's board of directors pursuant to the terms of this Agreement.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(bb)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">During any
        period when the delivery of a prospectus relating to the Shares is required (including in circumstances where such requirement may be satisfied pursuant to Rule 172, 173 or any similar rule) to be delivered under the Securities Act, the Company
        will file all documents required to be filed with the Commission pursuant to the Exchange Act within the time periods required by the Exchange Act and the regulations thereunder.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">23</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(cc)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company
        shall cooperate with Agent and use its reasonable efforts to permit the Shares to be eligible for clearance and settlement through the facilities of DTC.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(dd)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company will
        apply the Net Proceeds from the sale of the Shares in the manner set forth in the Prospectus.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ee)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">To the extent
        that the Registration Statement is not available for the sales of the Shares as contemplated by this Agreement, the Company shall file a new registration statement with respect to any additional shares of Common Stock necessary to complete such
        sales of the Shares and shall cause such registration statement to become effective as promptly as practicable. After the effectiveness of any such registration statement, all references to "Registration Statement" included in this Agreement shall
        be deemed to include such new registration statement, including all documents incorporated by reference therein pursuant to Item 6 of Form F-3, and all references to "Base Prospectus" included in this Agreement shall be deemed to include the final
        form of prospectus, including all documents incorporated therein by reference, included in any such registration statement at the time such registration statement became effective.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">5.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Conditions of Agent's Obligations</font>.&#160; The obligations of the Agent hereunder are subject to (i) the accuracy of, as of the date hereof, each Bringdown Date, and each Time of Sale (in each case,
        as if made at such date), and compliance with, all representations, warranties and agreements of the Company contained herein, (ii) the performance by the Company of its obligations hereunder and (iii) the following additional conditions:</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">If the filing of
        the Prospectus, or any amendment or supplement thereto, or any Permitted Free Writing Prospectus, is required under the Securities Act or the Rules and Regulations, the Company shall have filed the Prospectus (or such amendment or supplement) or
        such Permitted Free Writing Prospectus with the Commission in the manner and within the time period so required (without reliance on Rule 424(b)(8) or Rule 164(b)); the Registration Statement shall remain effective; no stop order suspending the
        effectiveness of the Registration Statement or any part thereof, any Rule 462(b) Registration Statement, or any amendment thereof, nor suspending or preventing the use of the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus
        shall have been issued; no proceedings for the issuance of such an order shall have been initiated or threatened; and any request of the Commission for additional information (to be included in the Registration Statement, the Base Prospectus, the
        Prospectus, any Permitted Free Writing Prospectus or otherwise) shall have been complied with to the Agent's satisfaction.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Agent shall
        not have advised the Company that the Registration Statement, the Base Prospectus, the Prospectus, or any amendment or supplement thereto, or any Permitted Free Writing Prospectus, contains an untrue statement of fact which, in the Agent's opinion,
        is material, or omits to state a fact which, in the Agent's opinion, is material and is required to be stated therein or is necessary to make the statements therein (i) with respect to the Registration Statement, not misleading and (ii) with
        respect to the Base Prospectus, the Prospectus or any Permitted Free Writing Prospectus, in light of the circumstances under which they were made, not misleading.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Except as set
        forth or contemplated in the Base Prospectus, the Prospectus and any Permitted Free Writing Prospectus, subsequent to the respective dates as of which information is given therein, the Company shall not have incurred any material liabilities or
        obligations, direct or contingent, or entered into any material transactions, or declared or paid any dividends or made any distribution of any kind with respect to its capital stock and there shall not have been any change in the capital stock, or
        any issuance of options, warrants, convertible securities or other rights to purchase the capital stock (other than as a result of the exercise of any currently outstanding options or warrants that are disclosed in the Prospectus), or any material
        change in the short-term or long-term debt, of the Company, or any Material Adverse Effect or any development that would be reasonably likely to result in a Material Adverse Effect (whether or not arising in the ordinary course of business), or any
        material loss by strike, fire, flood, earthquake, accident or other calamity, whether or not covered by insurance, incurred by the Company, the effect of which, in any such case described above, in the Agent's judgment, makes it impractical or
        inadvisable to offer or deliver the Shares.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">24</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(d)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        have performed each of its obligations under <u>Section 4(p)</u>.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(e)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        have performed each of its obligations under <u>Section 4(q)</u>.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(f)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        have performed each of its obligations under <u>Section 4(r)</u>.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(g)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">FINRA shall not
        have raised any objection to the fairness and reasonableness of the terms and arrangements under this Agreement.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(h)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">All filings with
        the Commission required by Rule 424 under the Securities Act to have been filed by the Settlement Date shall have been made within the applicable time period prescribed for such filing by Rule 424.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        have furnished to Agent and the Agent's counsel such additional documents, certificates and evidence as they may have reasonably requested.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(j)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Trading in the
        Common Shares shall not have been suspended on the NASDAQ Capital Market.&#160; The Shares shall have been listed and authorized for trading on the NASDAQ Capital Market prior to the first Settlement Date, and satisfactory evidence of such actions shall
        have been provided to the Agent and its counsel, which may include oral confirmation from a representative of the NASDAQ Capital Market.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt; font-size: 12pt;">All such opinions, certificates, letters and other documents will be in compliance with the provisions hereof only if they are reasonably satisfactory in form and substance to Agent and
      the Agent's counsel. The Company will furnish Agent with such conformed copies of such opinions, certificates, letters and other documents as Agent shall reasonably request.</div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">6.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Indemnification and Contribution</font>.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">(i)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>The Company agrees to indemnify and hold harmless the Agent and each of the other Indemnified Parties (as defined below) from and against,
        and pay on demand for, any losses, claims, damages, obligations, penalties, judgments, awards, liabilities, costs, expenses and disbursements, and any and all actions suits proceedings and investigations in respect thereof and any and all legal and
        other costs, expenses and disbursements in giving testimony or furnishing documents in response to subpoena or otherwise (including, without limitation, the costs, expenses and disbursements, as and when incurred, of investigating, preparing,
        pursuing or defending any such action, suit, proceeding or investigation (whether or not in connection with litigation in which any Indemnified Party is a party)) (collectively, "<font style="font-weight: bold; font-style: italic;">Losses</font>"),
        directly or indirectly, caused by, relating to, based upon, arising out of , or in connection with this Agreement, including, without limitation, any act or omission by the Agent&#160; in connection with its acceptance of or the performance or
        non-performance of its obligations under the Agreement, any breach by the Company of any representation, warranty, covenant or agreement contained in the Agreement (or in any instrument, document or agreement relating thereto, including any agency
        agreement), or the enforcement by the Agent of its rights under the Agreement or these indemnification provisions, except to the extent that any such Losses are found in a final judgment by a court of competent jurisdiction (not subject to further
        appeal) to have resulted primarily and directly from the gross negligence or willful misconduct of the Indemnified Party seeking indemnification hereunder.&#160; The Company also agrees that no Indemnified Party shall have any liability (whether direct
        or indirect, in contract or tort or otherwise) to the Company for or in connection with this Agreement for any other reason, except to the extent that any such liability is found in a final judgment by a court of competent jurisdiction (not subject
        to further appeal) to have resulted primarily and directly from such Indemnified Party's gross negligence or willful misconduct&#160; This indemnity agreement will be in addition to any liability that the Company otherwise might have.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">25</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">These
        indemnification provisions shall extend to the following persons (collectively, the "<font style="font-weight: bold; font-style: italic;">Indemnified Parties</font>"):&#160; the Agent, its present and former affiliated entities, managers, members,
        officers, employees, legal counsel, agents and controlling persons (within the meaning of the federal securities laws), and the officers, directors, partners, stockholders, members, managers, employees, legal counsel, agents and controlling persons
        of any of them.&#160; These indemnification provisions shall be in addition to any liability which the Company may otherwise have to any Indemnified Party.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(ii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">If any action,
        suit, proceeding or investigation is commenced, as to which an Indemnified Party proposes to demand indemnification, it shall notify the Company with reasonable promptness; <u>provided</u>, <u>however</u>, that any failure by an Indemnified Party
        to notify the Company shall not relieve the Company from its obligations hereunder except to the extent that the Company is actually and materially prejudiced by such failure to notify.&#160; An Indemnified Party shall have the right to retain counsel
        of its own choice to represent it, and the fees, expenses and disbursements of such counsel shall be borne by the Company.&#160; Any such counsel shall, to the extent consistent with its professional responsibilities, cooperate with the Company and any
        counsel designated by the Company.&#160; The Company shall be liable for any settlement of any claim against any Indemnified Party made with the Company's written consent.&#160; The Company shall not, without the prior written consent of the Agent, settle or
        compromise any claim, or permit a default or consent to the entry of any judgment in respect thereof, unless such settlement, compromise or consent (i) includes, as an unconditional term thereof, the giving by the claimant to all of the Indemnified
        Parties of an unconditional release from all liability in respect of such claim, and (ii) does not contain any factual or legal admission by or with respect to an Indemnified Party or an adverse statement with respect to the character,
        professionalism, expertise or reputation of any Indemnified Party or any action or inaction of any Indemnified Party.</font></div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(iii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">In order to
        provide for just and equitable contribution, if a claim for indemnification pursuant to these indemnification provisions is made but it is found in a final judgment by a court of competent jurisdiction (not subject to further appeal) that such
        indemnification may not be enforced in such case, even though the express provisions hereof provide for indemnification in such case, then the Company shall contribute to the Losses to which any Indemnified Party may be subject (i) in accordance
        with the relative benefits received by the Company and its stockholders, subsidiaries and affiliates, on the one hand, and the Indemnified Party, on the other hand, and (ii) if (and only if) the allocation provided in clause (i) of this sentence is
        not permitted by applicable law, in such proportion as to reflect not only the relative benefits, but also the relative fault of the Company, on the one hand, and the Indemnified Party, on the other hand, in connection with the statements, acts or
        omissions which resulted in such Losses as well as any relevant equitable considerations.&#160; No person found liable for a fraudulent misrepresentation shall be entitled to contribution from any person who is not also found liable for fraudulent
        misrepresentation.&#160; The relative benefits received (or anticipated to be received) by the Company and its stockholders, subsidiaries and affiliates shall be deemed to be equal to the aggregate consideration payable or receivable by such parties in
        connection with the transaction or transactions to which the Agreement relates relative to the amount of fees actually received by the Agent in connection with such transaction or transactions.&#160; Notwithstanding the foregoing, in no event shall the
        amount contributed by all Indemnified Parties exceed the amount of fees previously received by the Agent pursuant to the Agreement.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">(i)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>The Agent will indemnify and hold harmless the Company and its affiliates and directors and each officer of the Company who signed the
        Registration Statement and each person, if any, who controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (the "<font style="font-weight: bold; font-style: italic;">Company Indemnified Parties</font>")


        from and against any Losses to which the Company or the Company Indemnified Parties may become subject, under the Securities Act or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the
        Agent), insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or omission or alleged untrue statement or omission of a material fact contained in the Registration
        Statement, any Base Prospectus, the Prospectus, or any amendment or supplement thereto or any Permitted Free Writing Prospectus, but only and solely to the extent that such untrue statement or alleged untrue statement or omission or alleged
        omission was made in the Registration Statement, any Base Prospectus, the Prospectus, or any amendment or supplement thereto, or any Permitted Free Writing Prospectus in reliance upon and in conformity with written information furnished to the
        Company by Agent expressly for use in the preparation thereof, it being understood and agreed that the only information furnished by the Agent consists of the information described as such in <u>Section 6(b)(ii)</u> hereof, by the Company in
        connection with investigating or defending against any such loss, claim, damage, liability or action.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">26</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; margin-top: 12pt;"><font style="font-size: 12pt;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Agent
        confirms and the Company acknowledges that as of the date hereof no information has been furnished in writing to the Company by or on behalf of the Agent specifically for inclusion in the Registration Statement, any Base Prospectus, the Prospectus
        or any Permitted Free Writing Prospectus except for the second sentence of the seventh paragraph in the section of the Prospectus captioned "Plan of Distribution."</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">If the
        indemnification provided for in this <u>Section 6</u> is unavailable or insufficient to hold harmless an indemnified party under subsection (a) or (b) above, then each indemnifying party shall contribute to the amount paid or payable by such
        indemnified party as a result of the losses, claims, damages or liabilities referred to in subsection (a) or (b) above, (i) in such proportion as is appropriate to reflect the relative benefits received by the Company on the one hand and the Agent
        on the other from the Offering or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) above but also the
        relative fault of the Company on the one hand and the Agent on the other in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable considerations.&#160; The
        relative benefits received by the Company on the one hand and the Agent on the other shall be deemed to be in the same proportion as the total net proceeds from the Offering (before deducting expenses) received by the Company and the total
        underwriting discounts and commissions received by the Agent, bear to the total public offering price of the Shares.&#160; The relative fault shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a
        material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company or the Agent and the parties' relevant intent, knowledge, access to information and opportunity to correct or prevent such
        untrue statement or omission.&#160; The Company and the Agent agree that it would not be just and equitable if contributions pursuant to this subsection (c) were to be determined by pro rata allocation or by any other method of allocation which does not
        take account of the equitable considerations referred to in the first sentence of this subsection (c).&#160; The amount paid by an indemnified party as a result of the losses, claims, damages or liabilities referred to in the first sentence of this
        subsection (c) shall be deemed to include any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending against any action or claim which is the subject of this subsection (c).&#160;
        Notwithstanding the provisions of this subsection (c), the Agent shall not be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to
        the public exceeds the amount of any damages that the Agent has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission.&#160; No person guilty of fraudulent misrepresentation (within the
        meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(d)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Neither
        termination of this Agreement nor completion of the Offering shall affect these indemnification provisions which shall remain operative and in full force and effect.&#160; The indemnification provisions shall be binding upon the Company and the Agent
        and their respective successors and assigns and shall inure to the benefit of the Indemnified Parties and the Company Indemnified Parties and their respective successors, assigns, heirs and personal representatives.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">7.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Representations and Agreements to Survive Delivery</font>.&#160; All representations and warranties of the Company herein or in certificates delivered pursuant hereto, and agreements of the Agent and the
        Company herein, including but not limited to the agreements of the Agent and the Company contained in <u>Section 6</u> hereof, shall remain operative and in full force and effect regardless of any investigation made by or on behalf of the Agent or
        any controlling person thereof, or the Company or any of its officers, directors, or controlling persons, and shall survive delivery of, and payment for, the Shares to and by the Agent hereunder.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">27</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">8.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Termination of this Agreement</font>.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Company shall
        have the right, by giving written notice as hereinafter specified, to terminate the provisions of this Agreement relating to the solicitation of offers to purchase the Shares in its sole discretion at any time upon five (5) days' prior written
        notice. Any such termination shall be without liability of any party to any other party except that (i) if the Shares have been sold through the Agent for the Company, then <u>Sections 4(g)</u> and <u>4(x)</u> shall remain in full force and
        effect, (ii) with respect to any pending sale, through the Agent for the Company, the obligations of the Company and the Agent with respect to such pending sale of Shares, including in respect of compensation of the Agent and the Net Proceeds of
        the Company, shall remain in full force and effect notwithstanding such termination and (iii) the provisions of <u>Section 4(g)</u>, <u>Section 6</u> and <u>Section 7</u> of this Agreement shall remain in full force and effect notwithstanding
        such termination.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">The Agent shall
        have the right, by giving written notice as specified herein, to terminate the provisions of this Agreement relating to the solicitation of offers to purchase the Shares in its sole discretion at any time. Any such termination shall be without
        liability of any party to any other party except that (i) the provisions of the last three sentences of <u>Section 4(g)</u> and the entirety of <u>Section 6</u> and <u>Section 7</u> of this Agreement shall remain in full force and effect
        notwithstanding such termination and (ii) the provisions of <u>Section 4(g)</u> other than the last three sentences thereof shall remain in full force and effect only if the Agent has terminated this Agreement as a result of the Company's default
        of its obligations hereunder and its failure to cure any default within a reasonable period of time.</font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">This Agreement
        shall remain in full force and effect for a minimum of twelve (12) months from the date hereof unless terminated pursuant to <u>Sections 8(a)</u> or <u>(b)</u> above or otherwise by mutual agreement of the parties; provided that any such
        termination by mutual agreement shall in all cases be deemed to provide that <u>Section 4(g)</u>, <u>Section 6</u> and <u>Section 7</u> shall remain in full force and effect; and provided, further, that in any event, the exclusivity provisions
        set forth in <u>Section 3(a)(i)</u> shall remain in effect for six (6) months from the date of this Agreement. This Agreement shall terminate automatically upon the issuance and sale of Shares having an aggregate offering price equal to the amount
        set forth in the first paragraph of this Agreement, except as otherwise set forth herein, including without limitation, <u>Section 3(a)(i)</u>, <u>Section 3(a)(vii</u>), <u>Section 4(g)</u>, <u>Section 6</u> and this <u>Section 8(c).</u></font></div>
    <div style="text-indent: 72pt; margin-top: 12pt;"><font style="font-size: 12pt;">(d)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Any termination
        of this Agreement shall be effective on the date specified in such notice of termination; provided that such termination shall not be effective until the close of business on the date of receipt of such notice by the Agent or the Company, as the
        case may be. If such termination shall occur prior to the Settlement Date for any sale of the Shares, such sale shall settle in accordance with the provisions of <u>Section 3(a)</u> of this Agreement.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">9.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Default by the Company</font>.&#160; If the Company shall fail at any Settlement Date to sell and deliver the number of Shares which it is obligated to sell hereunder, then this Agreement shall terminate
        without any liability on the part of the Agent or, except as provided in <u>Section 4(g)</u> hereof, any non-defaulting party.&#160; No action taken pursuant to this <u>Section 9</u> shall relieve the Company from liability, if any, in respect of such
        default, and the Company shall (A) hold the Agent harmless against any loss, claim or damage arising from or as a result of such default by the Company and (B) pay the Agent any commission to which it would otherwise be entitled absent such
        default.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">10.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Notices</font>.&#160; Except as otherwise provided herein, all communications under this Agreement shall be in writing and, if to the Agent, shall be mailed, delivered or sent by facsimile or email
        transmission to Maxim Group LLC, 405 Lexington Avenue, New York, New York 10174, Attention: Clifford A. Teller, Executive Managing Director, Head of Investment Banking (fax: (212) 895-3783; email: cteller@maximgrp.com), with a required copy (which
        shall not constitute notice) to Ellenoff Grossman &amp; Schole LLP, 1345 Avenue of the Americas, New York, New York 10105, Attention: Barry I. Grossman, Esq. (fax: (212) 370-7889; email: bigrossman@egsllp.com).&#160; Notices to the Company shall be
        given to it at 1 Vasilisis Sofias and Megalou Alexandrou Str, 15124 Maroussi, Greece, Attention: Alexandros Tsirikos (fax: +30 210 8056441; email: atsirikos@topships.org), with a required copy (which shall not constitute notice) to Seward &amp;
        Kissel LLP, One Battery Park Plaza, New York, New York 10004, Attention: Gary J. Wolfe, Esq. Any party to this Agreement may change such address for notices by sending to the parties to this Agreement written notice of a new address for such
        purpose.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">28</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">11.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Persons Entitled to Benefit of Agreement</font>.&#160; This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns and the controlling
        persons, officers and directors referred to in Section 6.&#160; Nothing in this Agreement is intended or shall be construed to give to any other person, firm or corporation any legal or equitable remedy or claim under or in respect of this Agreement or
        any provision herein contained.&#160; The term "successors and assigns" as herein used shall not include any purchaser, as such purchaser, of any of the Shares from the Agent.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">12.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Absence of Fiduciary Relationship</font>.&#160; The Company acknowledges and agrees that: (a) the Agent has been retained solely to act as an sales agent and/or principal in connection with the sale of
        the Shares and that no fiduciary, advisory or agency relationship between the Company and the Agent has been created in respect of any of the transactions contemplated by this Agreement, irrespective of whether the Agent has advised or is advising
        the Company on other matters; (b) the price and other terms of the Shares set forth in this Agreement were established by the Company following discussions and arms-length negotiations with the Agent and the Company is capable of evaluating and
        understanding and understands and accepts the terms, risks and conditions of the transactions contemplated by this Agreement; (c) it has been advised that the Agent and its affiliates are engaged in a broad range of transactions which may involve
        interests that differ from those of the Company and that the Agent has no obligation to disclose such interest and transactions to the Company by virtue of any fiduciary, advisory or agency relationship; (d) it has been advised that the Agent is
        acting, in respect of the transactions contemplated by this Agreement, solely for the benefit of the Agent, and not on behalf of the Company; and (e) it waives to the fullest extent permitted by law, any claims it may have against the Agent for
        breach of fiduciary duty or alleged breach of fiduciary duty in respect of any of the transactions contemplated by this Agreement and agrees that the Agent shall have no liability (whether direct or indirect) to the Company in respect of such a
        fiduciary duty claim on behalf of or in right of the Company, including stockholders, employees or creditors of the Company.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">13.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Governing Law</font>.&#160; This Agreement shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the General Obligations Law of the State of
        New York, but otherwise without regard to conflict of laws rules that would apply the laws of any other jurisdiction.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">14.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Counterparts</font>.&#160; This Agreement may be executed in one or more counterparts and, if executed in more than one counterpart, the executed counterparts shall each be deemed to be an original and
        all such counterparts shall together constitute one and the same instrument.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">15.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Adjustments for Stock Splits</font>.&#160; The parties acknowledge and agree that all share-related numbers contained in this Agreement shall be adjusted to take into account any stock split, stock
        dividend or similar event effected with respect to the Shares.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">16.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Entire Agreement; Amendment; Severability; Headings</font>.&#160; This Agreement (including all schedules and exhibits attached hereto and transaction notices issued pursuant hereto) constitutes the
        entire agreement and supersedes all other prior and contemporaneous agreements and undertakings, both written and oral, among the parties hereto with regard to the subject matter hereof.&#160; Neither this Agreement nor any term hereof may be amended
        except pursuant to a written instrument executed by the Company and the Agent. In the event that any one or more of the provisions contained herein, or the application thereof in any circumstance, is held invalid, illegal or unenforceable as
        written by a court of competent jurisdiction, then such provision shall be given full force and effect to the fullest possible extent that it is valid, legal and enforceable, and the remainder of the terms and provisions herein shall be construed
        as if such invalid, illegal or unenforceable term or provision was not contained herein, but only to the extent that giving effect to such provision and the remainder of the terms and provisions hereof shall be in accordance with the intent of the
        parties as reflected in this Agreement. The section headings used in this Agreement are for convenience only and shall not affect the construction hereof.</font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">29</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">17.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Waiver of Jury Trial</font>.&#160; Each of the Company and the Agent hereby waives any right it may have to a trial by jury in respect of any claim based upon or arising out of this Agreement or the
        transactions contemplated hereby.</font></div>
    <div style="text-indent: 36pt; margin-top: 12pt;"><font style="font-size: 12pt;">18.</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;"><font style="font-weight: bold; font-style: italic;">Submission to Jurisdiction; Agent for Service.&#160; </font>Except as set forth below, no claim arising out of or in any way relating to this Agreement may be commenced, prosecuted or continued in any
        court other than the courts of the State of New York located in the City and County of New York or in the United States District Court for the Southern District of New York, which courts shall have non-exclusive jurisdiction over the adjudication
        of such matters, and the Company consents to the jurisdiction of such courts and personal service with respect thereto. The Company hereby consents to personal jurisdiction, service and venue in any court in which any claim arising out of or in any
        way relating to this Agreement is brought by any third party against the Agent or any indemnified party. The Company has appointed Seward &amp; Kissel LLP, One Battery Park Plaza, New York, New York 10004, as its authorized agent (the "<font style="font-weight: bold; font-style: italic;">Authorized Agent</font>") upon whom process may be served in any suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated herein which may be instituted
        in any New York Court, by the Agent, the directors, officers, partners, employees and agents of the Agents and each affiliate of the Agent, and expressly accept the non-exclusive jurisdiction of any such court in respect of any such suit, action or
        proceeding. The Company hereby represents and warrants that the Authorized Agent has accepted such appointment and has agreed to act as said agent for service of process, and the Company agrees to take any and all action, including the filing of
        any and all documents that may be necessary to continue such appointment in full force and effect as aforesaid. The Company hereby authorizes and directs the Authorized Agent to accept such service. Service of process upon the Authorized Agent
        shall be deemed, in every respect, effective service of process upon the Company. If the Authorized Agent shall cease to act as agent for service of process, the Company shall appoint, without unreasonable delay, another such agent in the United
        States, and notify you of such appointment. Notwithstanding the foregoing, any action arising out of or based upon this Agreement may be instituted by the Agent, the directors, officers, partners, employees and agents of the Agent and each
        respective affiliate of the Agent, in any court of competent jurisdiction in the Republic of the Marshall Islands. This paragraph shall survive any termination of this Agreement, in whole or in part. The Company agrees that a final judgment in any
        such action, proceeding or counterclaim brought in any such court shall be conclusive and binding upon the Company and may be enforced in any other courts to the jurisdiction of which the Company is or may be subject, by suit upon such judgment.</font></div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;">[Signature Page Follows]</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">30</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; margin-top: 12pt; font-size: 12pt;">If the foregoing is in accordance with your understanding of our agreement, please sign and return to the Company the enclosed duplicate of this Agreement, whereupon this letter and
      your acceptance shall represent a binding agreement between the Company and the Agent in accordance with its terms.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="ze0af4f25d888491d89da915d92a63572">

        <tr>
          <td style="width: 46.2%; vertical-align: top; border-bottom: #000000 2px solid;">&#160;</td>
          <td colspan="2" style="width: 53.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">Very truly yours,</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 53.8%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 53.8%; vertical-align: top;">
            <div style="font-size: 12pt;">TOP SHIPS INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 53.8%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 53.8%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td style="width: 6.74%; vertical-align: top;">
            <div style="font-size: 12pt;">By:</div>
          </td>
          <td style="width: 47.06%; vertical-align: top; border-bottom: #000000 2px solid;"><font style="font-size: 12pt;">/s/ Alexandros Tsirikos</font><br>
          </td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td style="width: 6.74%; vertical-align: top;">&#160;</td>
          <td style="width: 47.06%; vertical-align: top;">
            <div style="font-size: 12pt;">Name: Alexandros Tsirikos</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td style="width: 6.74%; vertical-align: top;">&#160;</td>
          <td style="width: 47.06%; vertical-align: top;">
            <div style="font-size: 12pt;">Title: CFO<br>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 46.2%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 53.8%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="margin-top: 12pt; font-size: 12pt;">Confirmed as of the date first<br>
      above mentioned.</div>
    <div style="margin-top: 12pt; font-size: 12pt;">MAXIM GROUP LLC</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><u><font style="font-size: 12pt;">By &#160;&#160;</font> &#160; &#160; &#160;&#160;&#160;<font style="font-size: 12pt;"> /s/ Clifford A. Teller</font></u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 144pt" id="TRGRRTFtoHTMLTab"> </font><font style="font-size: 12pt;"><br>
        &#160;&#160;&#160;&#160;&#160;&#160;&#160;Name:&#160; Clifford A. Teller<br>
        &#160;&#160;&#160;&#160;&#160;&#160;&#160;Title:&#160; &#160; Executive Managing Director,</font></div>
    <div style="font-size: 12pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Head of Investment Banking</div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">31</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%Schedule A-%%-->
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>Schedule A</u></div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;">Permitted Free Writing Prospectus</div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;">None</div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-size: 8pt; font-weight: normal; font-style: normal;">Schedule A-1</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%Schedule B-%%-->
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>Schedule B</u></div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;">Individuals Permitted to Authorize Sales of Shares</div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;">Evangelos Pistiolis</div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;">Alexandros Tsirikos</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-size: 8pt; font-weight: normal; font-style: normal;">Schedule B-1</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%Schedule C-%%-->
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>Schedule C</u></div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;">Form of Transaction Notice</div>
    <div style="margin-bottom: 6pt;"><br>
    </div>
    <div><font style="font-size: 12pt;">From:</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Top Ships Inc.</font></div>
    <div><br>
    </div>
    <div><font style="font-size: 12pt;">To:</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Maxim Group LLC<br>
      </font><br>
    </div>
    <div><font style="font-size: 12pt;">Subject:</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Transaction Notice</font></div>
    <div><br>
    </div>
    <div><font style="font-size: 12pt;">Date:</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">[&#8226;], 202__</font></div>
    <div><br>
    </div>
    <div style="font-size: 12pt;">Ladies and Gentlemen:</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 12pt;">Pursuant to the terms and subject to the conditions contained in the Sales Agreement between Top Ships Inc. (the "<font style="font-weight: bold;"><u>Company</u></font>"), and Maxim Group LLC ("<font style="font-weight: bold;"><u>Agent</u></font>"), dated February [&#9679;], 2020, the Company hereby requests that the Agent sell up to [&#8226;] of the Company's common shares, par value $0.01 per share, at a minimum market price of $[&#8226;] per share, during the
      time period beginning [month, day, time] and ending [month, day, time].</div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-size: 8pt; font-weight: normal; font-style: normal;">Schedule C-1</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%Schedule D-%%-->
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>Schedule D</u></div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt;"><u>Individuals to Which Notice Can Be Given</u></div>
    <div><br>
    </div>
    <div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z2587b4fffb574737a575e73e5c80767d">

            <tr>
              <td style="width: 72pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; align: right; font-size: 12pt;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-size: 12pt;">William Vitale, <u>bvitale@maximgrp.com</u>, (732) 784-1905</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><font style="font-size: 12pt;"> </font><br>
    </div>
    <div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zcf7dac833f344684aa79503ab4a3c670">

            <tr>
              <td style="width: 72pt;"><br>
              </td>
              <td style="width: 36pt; vertical-align: top; align: right; font-size: 12pt;">&#8226;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-size: 12pt;">Richard Vaughan, <u>rvaughan@maximgrp.com</u>, (212) 895-3676</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="margin-top: 6pt;"><br>
    </div>
    <div style="margin-top: 6pt;"><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-size: 8pt; font-weight: normal; font-style: normal;">Schedule D-1</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%Schedule E-%%-->
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>Schedule E-1</u></div>
    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 12pt;">List of Subsidiaries<br>
      </font><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" id="z5bfb4de421ed43f1879def835e9bb201">

        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Subsidiary</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Country of Incorporation</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Top Tanker Management Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Lyndon International Co</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Monte Carlo One Shipping Company Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Monte Carlo Seven Shipping Company Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Monte Carlo 37 Shipping Company Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Monte Carlo 39 Shipping Company Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Monte Carlo LAX Shipping Company Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Monte Carlo 71 Shipping Company Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Gramos Shipping Company Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Style Maritime Ltd.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Jasmin Finance Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Astarte International Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">PCH77 Shipping Company Limited</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Eco Seven Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">PCH Dreaming Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">South California Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Malibu Warrior Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Santa Catalina Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.5%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Santa Monica Inc.</div>
          </td>
          <td style="width: 46.5%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-size: 8pt; font-weight: normal; font-style: normal;">Schedule E-1</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>Schedule E-2</u></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);" id="z8361c0916bbe4e70ab877a6aa0475acd">

        <tr>
          <td style="width: 53.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Subsidiary</div>
          </td>
          <td style="width: 46.52%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Country of Incorporation</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Mytikas Shipping Company Limited</div>
          </td>
          <td style="width: 46.52%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Ilisos Shipping Company Limited</div>
          </td>
          <td style="width: 46.52%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Pylio Shipping Company Limited</div>
          </td>
          <td style="width: 46.52%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Liberia</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Falakro Shipping Company Limited</div>
          </td>
          <td style="width: 46.52%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Liberia</div>
          </td>
        </tr>
        <tr>
          <td style="width: 53.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Parnis Shipping Company Limited</div>
          </td>
          <td style="width: 46.52%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Marshall Islands</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-size: 8pt; font-weight: normal; font-style: normal;">Schedule E-2</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%Schedule F-%%-->
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><u>Schedule F</u></div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;">Introduced Investors</div>
    <div><br>
    </div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">CVI Investment</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Anson</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">KBB Asset
        Management</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Sabby
        Volatility Fund</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Ayrton LLC</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">District 2
        Capital</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Bigger Capital</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Empery Asset
        Management LP</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Hudson Bay
        Capital</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Intracoastal
        Capital</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Ionic Capital
        Management</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Lind Partners</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Oasis Capital</font></div>
    <div style="text-indent: 58.5pt; margin-left: 72pt;"><font style="font-size: 12pt;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 13.5pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 12pt;">Obsidian
        Capital Management LLC</font></div>
    <div><br>
    </div>
  </div>
  <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-size: 8pt; font-weight: normal; font-style: normal;">Schedule F-1</font></div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>3
<FILENAME>d8475616_ex5-1.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sewatd & Kissel LLP
         Document created using EDGARfilings PROfile 6.4.0.0
         Copyright 1995 - 2020 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="text-align: right; font-size: 12pt;"><u>Exhibit 5.1</u></div>
    <div><br>
    </div>
    <div style="text-align: center;"><img width="769" height="180" src="image0.jpg"></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" id="ze380d53b37994ced9733469edf60983b" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

          <tr>
            <td style="width: 50.00%;">
              <div>&#160;</div>
            </td>
            <td style="width: 50.00%;">
              <div><font style="font-size: 12pt;">February 12, 2020</font><br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 50.00%;">
              <div>&#160;</div>
            </td>
            <td style="width: 50.00%;">
              <div>&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <br>
    <div style="font-size: 12pt;">Top Ships Inc.</div>
    <div style="font-size: 12pt;">1 Vas. Sofias &amp; Meg. Alexandrou Street</div>
    <div style="font-size: 12pt;">151 24, Maroussi</div>
    <div style="font-size: 12pt;">Athens, Greece</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 12pt; font-weight: bold;">Re:</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-weight: bold; font-size: 12pt;"><u>Top Ships Inc.</u></font></div>
    <div><br>
    </div>
    <div style="font-size: 12pt;">Ladies and Gentlemen:</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">We have acted as counsel to Top Ships Inc. (the &#8220;<u>Company</u>&#8221;) in connection with (i) the Company&#8217;s at-the-market offering (the &#8220;<u>Offering</u>&#8221;) of shares of its common stock,
      par value $0.01 per share, having an aggregate offering price of up to US$5,000,000 (the &#8220;<u>Shares</u>&#8221;), which Shares include related preferred stock purchase rights (the &#8220;<u>Preferred Share Purchase Rights</u>&#8221;); (ii) the Equity Distribution
      Agreement, dated February 12, 2020 (the &#8220;<u>Equity Distribution Agreement</u>&#8221;), between the Company and Maxim Group LLC, as agent (the &#8220;<u>Agent</u>&#8221;), including any amendments or supplements thereto, pursuant to which the Company may offer the
      Shares through the Agent, from time to time; (iii)&#160;the preparation of the Company&#8217;s registration statement on Form F-3 (File No. 333-234281), declared effective by the U.S. Securities and Exchange Commission (the &#8220;<u>Commission</u>&#8221;) on November 4,
      2019 (the &#8220;<u>Registration Statement</u>&#8221;); (iv) a prospectus included therein (the &#8220;<u>Base Prospectus</u>&#8221;) and (v) a prospectus supplement thereto dated February 12, 2020 (the &#8220;<u>Prospectus Supplement</u>&#8221; and together with the Base Prospectus,
      the &#8220;<u>Prospectus</u>&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">We have examined originals or copies, certified or otherwise identified to our satisfaction, of: (i) the Equity Distribution Agreement, (ii) the Registration Statement, (iii) the
      Base Prospectus, (iv) the Prospectus Supplement, (v) the Stockholders Rights Agreement dated September 22, 2016, as amended, relating to the Preferred Share Purchase Rights (the &#8220;<u>Rights Agreement</u>&#8221;), and (vi) such corporate documents and
      records of the Company and such other instruments, certificates and documents as we have deemed necessary or appropriate as a basis for the opinions hereinafter expressed. In such examinations, we have assumed the authenticity of all documents
      submitted to us as originals, the conformity to original documents of all documents submitted to us as copies or drafts of documents to be executed, the genuineness of all signatures and the legal competence or capacity of persons or entities to
      complete the execution of documents. As to various questions of fact that are material to the opinions hereinafter expressed, we have relied upon statements or certificates of public officials, directors of the Company and others.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">We have further assumed for the purposes of this opinion, without investigation, that (i) all documents contemplated by the Prospectus to be executed in connection with the Offering
      have been duly authorized, executed and delivered by each of the parties thereto other than the Company, and (ii) the terms of the Offering comply in all respects with the terms, conditions and restrictions set forth in the Prospectus and all of the
      instruments, agreements and other documents relating thereto or executed in connection therewith.</div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="margin-bottom: 10pt;"><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">In connection with our opinion expressed below, we have assumed that, at or prior to the time of the delivery of any of the Shares, there will not have occurred any change in the law
      or the facts affecting the validity of the Shares.</div>
    <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 12pt;"> </font><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">With respect to the Shares, we have assumed that, as of each and every time any of the Shares are issued in accordance with the Equity Distribution Agreement, the Company will have a
      sufficient number of authorized and unissued Shares available for issuance under its Third Amended and Restated Articles of Incorporation, as amended.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">Based upon and subject to the foregoing, and having regard to such other legal considerations which we deem relevant, we are of the opinion that:</div>
    <div><br>
    </div>
    <div style="text-align: justify;">
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z3c1463d8bbf049d0931035c4921301fb">

            <tr>
              <td style="width: 40.5pt;"><br>
              </td>
              <td style="width: 31.5pt; vertical-align: top; align: right; font-size: 12pt;">1.</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 12pt;">The Shares and the Preferred Share Purchase Rights have been duly authorized by the Company.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z8df8e1614503477a83390f010851685b">

            <tr>
              <td style="width: 40.5pt;"><br>
              </td>
              <td style="width: 31.5pt; vertical-align: top; align: right; font-size: 12pt;">2.</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 12pt;">The Shares, when issued, sold and paid for as contemplated in the Prospectus and Equity Distribution Agreement, will be validly issued, fully paid and non-assessable.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z0c5b9a275df849e9b92feaec72a817d3">

            <tr>
              <td style="width: 40.5pt;"><br>
              </td>
              <td style="width: 31.5pt; vertical-align: top; align: right; font-size: 12pt;">3.</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-size: 12pt;">When the Shares are issued, sold and paid for as contemplated in the Prospectus and Equity Distribution Agreement, the related Preferred Share Purchase Rights will constitute binding obligations of the Company
                  in accordance with the terms of the Rights Agreement.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">The foregoing opinions are subject in each case to applicable insolvency, bankruptcy, reorganization, moratorium, fraudulent transfer, fraudulent conveyance or other similar laws
      affecting generally the enforceability of creditors&#8217; rights from time to time in effect and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law, including application of principles of good
      faith, fair dealing, commercial reasonableness, materiality, unconscionability and conflict with public policy and other similar principles.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">This opinion is limited to the laws of the State of New York, the federal laws of the United States of America, and the laws of the Republic of the Marshall Islands as in effect on
      the date hereof.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 72pt; font-size: 12pt;">We hereby consent to the filing of this opinion as an exhibit to the Company&#8217;s Report on Form 6-K to be filed with the Commission on the date hereof, and to each reference to us and
      the discussions of advice provided by us under the headings &#8220;Legal Matters&#8221; in the Prospectus, without admitting we are &#8220;experts&#8221; within the meaning of the Securities Act of 1933, as amended, or the rules and regulations of the Commission promulgated
      thereunder with respect to any part of the Registration Statement or Prospectus.</div>
    <div><br>
    </div>
    <div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

            <tr>
              <td style="width: 50.00%;">
                <div>&#160;</div>
              </td>
              <td style="width: 50.00%;">
                <div><font style="font-size: 12pt;">Very truly yours,</font><br>
                </div>
              </td>
            </tr>
            <tr>
              <td style="width: 50.00%;">
                <div>&#160;</div>
              </td>
              <td style="width: 50.00%;">
                <div>&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50.00%;" rowspan="1">&#160;</td>
              <td style="width: 50.00%;" rowspan="1"><font style="font-size: 12pt;">/s/ Seward &amp; Kissel LLP</font> <br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
    </div>
    <div style="margin-left: 288pt; font-size: 12pt;"><br>
    </div>
    <div><br>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>image0.jpg
<TEXT>
begin 644 image0.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" 0R!WX# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ I*6HEGB:4Q*X+CJ* )
M:*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "D-+44L\41 =PI/2@"6BD4AE!!R#2T %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !3))4AB>21@
MJ("6)["GUPOQ;UK^Q/AUJ,J2;)I@(8SW)8_X9H X'Q/\6-4USQ!_8'A5&$JR
ME1/'SN7UKH?^$(\;0PO>)XH/V@KN(V=>.E<#^SK8PS^)M1O),&6&'"9ZC)Y-
M?2?>@#P8?%_6_!>[3O$6G2W%QD[)6XW#UK6^$OCK5_%_B;4FNYR;0(6BB/\
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M[;1_M 9'ZU\T_!;6X]"\?I'-TNE^S#_>)% 'TAH0O-&\(N^KSLTL"22/(W7
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MQT^\C&&EMAN/J5)YH ^F$(90RG*D9%.KG/ >H/JG@?1[N0Y=[9 Q]2!BNCH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ II"LI5N01@BG5FWNMV.GZE8V%S*$GO6980>Y
MR: /.O%_P7T;61=7MKNAN""R1QC )KY[\1^"M8\+[3J-N45SA3@U]M?TJAJ6
MC:=K$6R^M(IP!QO&<4 ?"0)4CL17OGP-^(-Y<ZBGAK4)/,5HV:!V/S$CM^6:
MJ_%KX3PZ58/KFCHQ1#NG0=$7VKS/X=W,EK\0=#DC8J?M:+D>A.#0!]?>*O\
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M9/%(7V;I"8SRS<G^=>%:A>R:#\0)=1M5:(1W1GB!&/E)S^5 'VL.E<)\9/\
MDENL'_93_P!#%=+X9U===\-V&I(0?/B#-CL>_P"M<S\9#_Q:W6/]U/\ T,4
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M83'(SV- ':^%-,_L?PMINGXP8+=%/UQS6S1THH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MZ]L4V2J>P[?I7G/[1,&GMK&E:A;31R7$L;Q2A&!QM(QG\S7(_"'Q7_PB_C:
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M(^K?^A"OIOQ#KEEI&B7UU//&/)A=MFX9.!TKY@^#LJ?\+#25F"J03DG'\0H
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %)BEHH *2EHH *2EHH 3%%+10 4F*6B@ HHHH 2C
M%+10 4444 %)BEHH **** "DI:* $Q1BEHH 3%&*6B@ HHHH **** $QZ48I
M:* "DQ2T4 )2T44 %%%% !28I:* $Q2T44 )2T44 )BEHHH 2BEHH 2EHHH
M3%+110 E%+10 4F*6B@!*,4M% "8HI:* $HQ2T4 )BEHHH 2EHHH 3'-&*6B
M@!,48I:* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M!D?KBN'^)=A9Q>)_!BQVL**^H@,%0#(XKK/AOJ8U?X?Z-<@DL(!$V?5?E/\
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M3TJYAO-*M+FW"B.6)74+TP17CGC[PVOBGXGW^GXS+_8@>+V825T'P9\2K?Z
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M_'OA#5M;T&STC0;B*VMHR/-5NX7!7^5=9HT%];Z+:Q:C*LMZD861UZ$UH44
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %)BEHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BDHH 6
MBDHH 6BF]Z6@!:*2B@!:*3OUHH 6BDHH 6BDHH 6BDH[4 +1249H 6BDH'2@
M!:**2@!:*3M1WH 6BDHH 6BDZ44 +1244 +1244 +12&B@!:*2B@!:*2B@!:
M*2B@!:**3J: %HI/K1F@!:*2CO0 M%-.:7M]* %HI*.] "T444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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MZQ$&(2[L58KV) 7_  -8_@6>*V^._BR2:1441ORQQ_$*U[)?M'[2%\4Y^SV
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M $Q12T4 %8NHV,]]K=B20;2W)D93W?! K:I#UH **444 )1CC%+10 E%+10
MF**6B@!*6BB@!*,4M% "8HI:* $Q12T4 )12T4 )2T44 %)BEHH 3%&*6B@!
M,48I:* $HI:* $I:** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
M HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "
MBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
M HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "
MBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH *2EHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BDHH 6BD-% "T4E% "T4E&
M: %HI** %HI** %HI** %HI/K10 M%)10 M%)0* %HHI* %HI** %HI** %H
MI.]% "T4"D[T +124=J %HI*.] "T44E "T4E% "T4E% "T4E Z4 +1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% #2P498@#WIOFQX_UB_G
M7*^//[5DM]*M-(E\J>YO0C-_L!&8_P JX"T/BRX\>WWA_P"VC%O;"8?CCWH
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110!!+;13RPR2+EH7WH?0X(_D3
M7G>D?\EYUO\ [!R?S%>E5YII'_)>M;_[!R?S% '0?$.%(_A_X@=1AI+5RQ]3
MC%5O"_B#3M/^'.DR2W<0:+3XLKGG.P<5<^(W_)/-<_Z]'_E7!6/@.34?AU93
MQD%I+"-U7OG:#0!U/Q75%^%VI;!A3Y;?FZFND\*_\BU8_P#7,5S?Q7!7X6:@
MIZA81_X^M=)X5_Y%FQ_ZYB@"C\0_^2?:Y_UZ2?\ H)JCX4UO3[?P'X?A:ZB\
MQ[:WBV9Y)( Q5[XA_P#)/M<_Z\Y/_037#:%X)DG\+^&M1C()0VD^/8%2: .E
M^*\:Q?##4XT&%41@#_@8KCOC+)$/A?H43$><\D6P=_NUV?Q<S_PK/5L=<)_Z
M&*Y:'X>ZYXDETB;6KN*;3((D9(@>1P/6@"QXKCEA'P[BE.9%NH@WUVBNO^(^
M?^%>:W_UZM7+_%J&=K_PE#9.$G^WA8V/0''%5?&ND^+H?!NJ27FH1/;K QD4
M$\C\Z *7C[4);+X#Z-%%(4-U%;Q$@X.-N?Z5Z;X.MQ:^#-'@  VV<><>NT5Y
M)\3%+?!/PJPZ*UN3_P!^S7LGATAO#6F$=#;1_P#H(H \I\.3+I7[1&MV"G;'
M=0;MHZ%CAO\ &J?BA)?#WQ!G\90DB.'4Q:W6/[C1)C\.OYTL43R?M0RLG*QP
MY;Z>7BNPU/01XDTKQIIF 6DO 4SV811D4 ;6JWL6HIX;O(&!BFO%=2/0HU<[
M\765&\+LS!575X22>PK%\!ZC/)H^E:->-_IFE:MY#@_W=C8-:GQF@^TP>';?
M_GIJD2_GF@#N_P"U["[U&VL(IXYI'4R84YP%QS5?5=?_ +/\2Z/I0B=OMYD^
M8#@;1GFL'1O",NC>,;2_!#1FVDB;'8DJ1_(UV4^GV]S>VUW(F9K8MY9],C!H
M M5Q/@Y_M_BOQ9J6=RBZ6U7V\M>1^9KMCPI/H*\]^$\GG6GB2;_GIK4[?RH
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M $8U '=T444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M+6VCMXAB.-0JCT H EHHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "D-+2&@#S/Q[H&G:5IVM:N6"&]BVLG]^7'%5/#FF
M'1O%_A.)EP7T1HB/]H$,?YUO>(="G\9:[#9W*M%IE@ZRNIZ3L?\ #'ZU=\76
MLUI<:5K=G;-/-I\A3REZLCC:?Z'\* ,JP@:X^-5]=*<QPZ6L9]B7_P#K5?\
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M)U#5-3M-4U;4[*2VGDFQ% _58U48'YDT 8W@?/\ PLGQ9_P#_P!":O2Z\?\
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M$"EOKCFM6HXDV1(G]U0*DH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BDHH 6DH[44 )C Q2X]:*.: $[T
MM%% !BBBB@ ]Z!TH'TI* %H[4=J* "BBDH 6BBC% !244O>@!K$A6/4@<"LW
M1+9X;22>4$2W4AF<'J">WX# K4-!H .E'6DI: "CJ:*3O0 O:EI.]% "T4F:
M.] "T444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !24M<UX[U"^TCPG>:EIRA[BV7S
M IZ$9Y_2@#I**\1T?QCX\UW08]7LM/B>&0$J<'L2#V]J]6T#4I;_ ,*6.HW
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M/#UEJ;1^6;F,2;/3-:M<WX _Y$32,?\ /NM=)0 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M>5YY"[/)R1[9]*VC24 8UCX;M;#7;S5HY96FN@ ZL>!CTJ_=V$%W/;SR#]Y
M24/ID$'^=6Z0@,I'J* .-\ Z'#H7]MPVKNUL]\6C+GK\HS^N:TO%7A&R\66\
M,-[+*BQ-O7RSCFMFRLXK"U6"+D#N>IJQTH Y#2OA[IFE:G'?">>X>-<*DS;E
M^O/>NFO;*"_M7MKB-7C88((S5@4OO0!QFC_#C3-&NXYX;FYD$<AD$;L2OTQZ
M5V?3BBCI0!YYJ/P?T+4]2NK^>>Y\VXE:1\-W)KH+;P;IUMX6CT!"_P!FC;<K
M_P 0.[.:Z/M10!EZ)H5MH=H]O;EG#NSLS\DDFJ.F^#[#3-8;4H7D,A,C*C'Y
M5WG)P.U=%0: ,+7O"UEX@ECEN'DC>-&CW1G!(/8_E5ZZTN"YTAM-),<+1^7\
MG! Q5^B@#*\/:#;>&])33[5W>%"2I<Y/-:U)2T %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M%?AO> ?Q2Q _]]BNVTM FDV:C@+"@'Y4 <)X8E.C_%?Q%H:#;;7<:W\:^C'
M8_B:YK6V?3?CU8:F.(7=+5_3+JV/\^U;6HRM!^T/IB+_ ,MM**M^;'^E8_Q)
MA<MXAOHB1+83V=PA'4$,PS^M 'JGB6__ +-\-:A=YP\<#;/=L<#\ZX3X&0&V
M\,ZM"WWDU252?P6MCQ-J":E!X?TU2&&HNDW^\J88_I5+X0_\@_Q"/^HS/_2@
M#T>BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% &'XQLEU'P?JUJ5R
M9+60*/?:<5X_I*R>(OA#K]\P.8;6&W4>T"AB?S)KW>XC$UO)&1G>A7\Q7!^!
MO#)L?AI=:/,NUYFN4?\ %F'\L4 0_"W67\2Q76K[?D6&*U!]2F<G]178^)+
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M;0HVY8U#8QD"I:* *5SH^G7DD<ES9Q2O$,(67[OTJTT2-$8V4%"-I7MBGT4
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MG3\:/#GB^ZU7P4=4G15O+&<Q7:#HNTX;].:U/ \2W'AG2]4D8O<36,4;L>O
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M'-+0!QK_  ZTI_$LNN>=.)97WO$&^1C[BMS7-!M=>TLZ?=%EA)'">U:N*,4
M8T'ANS@\.-H@9VMBA4$]1]/I1H?AVUT%9! \DC28R\AR>*V<48H I7^FP:@]
MJTW6VF$R?[P!']:NBC'-+0 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4@I:* "BBB@ I.]+10 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
D0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% '__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
