Amendment No. 6 to Employment Agreement between International Seaways, Inc. and Jeffrey D. Pribor

Summary

This amendment updates the employment agreement between International Seaways, Inc. and Jeffrey D. Pribor, effective March 14, 2024. The main change is an increase in Mr. Pribor’s base salary from $580,000 to $610,000. All other terms of the original employment agreement remain unchanged and in effect. Both parties have agreed to this amendment as of the stated date.

EX-10.2 3 tm249275d1_ex10-2.htm EXHIBIT 10.2

Exhibit 10.2

FORM OF Amendment No. 6 to Jeffrey D. Pribor’s Employment Agreement

This Amendment No. 6 (the “Amendment”), dated as of March 14, 2024 (the “Effective Date”), is between International Seaways, Inc. (the “Company”) and Jeffrey D. Pribor (the “Executive”).

WHEREAS, the Company and the Executive previously entered into an employment agreement, dated November 9, 2016, as amended as of April 5, 2019; April 2, 2020; March 16, 2021; April 7, 2022; and March 8, 2023 (the “Employment Agreement”).

WHEREAS, the Company and the Executive wish to amend the Employment Agreement in accordance with Section 13(c) thereof.

NOW, THEREFORE, in consideration of the premises and mutual covenants herein and for other good and valuable consideration, the parties agree as follows:

Section 3(a) is hereby amended by replacing “$580,000” with “$610,000”.

Except as provided herein, the terms and conditions of the Employment Agreement shall remain in full force and effect and shall be binding on the Company.

This Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which shall constitute one and the same instrument.

[Signature Page Follows]

IN WITNESS WHEREOF, the parties have executed this Amendment to the Employment Agreement as of the date first written above.

	Jeffrey D. Pribor





	International Seaways, Inc.




	Name:


	Title: