NAVIOS MARITIME PARTNERS L.P.
500,000 COMMON UNITS
REPRESENTING LIMITED PARTNER INTERESTS
Form of Common Unit Purchase Agreement
November __, 2007
85 Atki Miaouli Street
Piraeus, Greece 185 38
Navios Maritime Partners L.P., a Marshall Islands limited partnership (the “Partnership”), proposes,
subject to the terms and conditions stated herein, to issue and sell to you, Angeliki Frangou (the “Investor”), an
aggregate of 500,000 common units (the “Investor Units”) representing limited partner interests in the Partnership
(the “Common Units”).
This is to confirm the agreement between the Partnership and the Investor concerning the purchase of the
Investor Units from the Partnership by the Investor.
1. Representations, Warranties and Agreements .
(a) The Partnership, represents and warrants to, and agrees with, the Investor that:
(i) The Partnership has been duly formed and is validly existing in good standing as a limited
partnership under the Marshall Islands Limited Partnership Act (the “Marshall Islands LP Act”) with full
partnership power and authority necessary to enter into this Agreement.
(ii) As of the Closing Date (as defined in Section 3), the Investor Units, and the limited partner
interests represented thereby, will be duly authorized by the Partnership’s Amended and Restated Partnership
Agreement (the “Partnership Agreement”) and, when issued and delivered to the Investor against payment
therefor in accordance with the terms hereof, will be validly issued, fully paid (to the extent required under the
Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters
described in Section 41 of the Marshall Islands LP Act).
(iii) The Partnership has all requisite power and authority to issue, sell and deliver the Investor Units, in
accordance with and upon the terms and conditions set forth in this Agreement and the Partnership Agreement.
(iv) This Agreement has been duly executed a