Common use of Spares/bunkers, etc Clause in Contracts

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, name provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s’ Vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers Including the slop chest and the additional items (including hired items) as listed in Addendum No. 1 are the Charterers property and are to be excluded from the this sale. The Buyer shall take over the remaining bunkers and unused lubricating oils in storage tanks and unbroached sealed drums shall remain not in the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached system and pay the current Sellers as per Addendum No 2. last invoice price net market price of any discounts for such bunkers and lubricating oils (excluding barging expenses) ). Copies of invoices to be provided by Sellers to Buyers at least 5 days prior to delivery date (unless purchased later). In case such invoices are not available then Platts prices based on either Singapore or Rotterdam (whichever of the two, Vessel is closest to at the port and date time of delivery). Exact amount of bunkers / lubricating oils at the time of delivery to be ascertained by a joint survey on board Vessels by Buyers and Sellers respective representatives at least one day in advanced of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.delivery date

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore including all such spare parts and equipment as necessary to comply with the minimum requirements imposed on the Vessel by the Vessel’s technical manager, the Classification Society, the Buyers’ choice of flag and under the BBC (as defined in Clause 17 of this Agreement), if any. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection deliveryinspection used or unused, whether on board or not shall become the Buyers' property, but butincluding spares on order are which shall be taken over by the Buyers without extra compensation to the Sellers. The Sellers shall provide the Buyers with an inventory at the time of delivery.are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if paymentif they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Remaining bunkers, lubricating oil and other consumerable stores (excluding spare parts) on board the Vessel at the time of delivery shall be excluded from the sale and subject to the terms of Clause 9 of the BBC (as defined in Clause 17 of this Agreement). The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if . If any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be Included excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions provisions, shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 - Crew Training Systems - Logbooks (but Buyers to have right to take copies) The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain and pay the Sellers’ last purchased price supported with vouchers. Bunkers and the property of the sellers. Vessel’s new managers will pay sellers Charterers and no payment shall be made for these lubricating oils at net contract price as between Buyers and when they are broached and pay the Sellers. current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDS, Computers, printers shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 (vessel’s delivery of any hired equipment on board will be itemised in an addendum to this Agreement.) : Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/instruction books/Log books, etc at Buyers expenses. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over and pay for the remaining bunkers and unused / unbroached lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (Sellers costs against documented invoices excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board onboard or not shall become the Buyers' property, but ’ propertybut including for the avoidance of doubt and without limiting the generality of the foregoing spares on order as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel,are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.):

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDSS, computers, printers shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire) (vessel’s delivery of any hired equipment on board wxxx be itemized in an addendum to this Agreement): Please see Clause 19 Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/Instruction books/Logbooks, etc at Buyers expense. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused / unbroached lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (Sellers costs against documented Invoices excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board on shore and on shoreorder. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDSS, computers, printers shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 (vessel’s delivery of any hired equipment on board will be itemised in an addendum to this Agreement): Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/instruction books/Log books, etc at Buyers expense. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over and pay for the remaining bunkers and unused /unbroached lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (Sellers costs against documented invoices excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be included excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions provisions, shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 - Crew Training Systems - Logbooks (but Buyers to have right to take copies) The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain and pay the Sellers’ last purchased price supported with vouchers. Bunkers and the property of the sellers. Vessel’s new managers will pay sellers Charterers and no payment shall be made for these lubricating oils at net contract price as between Buyers and when they are broached and pay the Sellers. current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board on shore and on shoreorder. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDSS, computers, printers shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire) (vessel’s delivery of any hired equipment on board will be itemised in an addendum to this Agreement.): Please see Clause 19 Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/Instruction books/Log books, etc at Buyers expense. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over and pay for the remaining bunkers and unused / unbroached lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) Sellers costs at the prices prevailing at delivery port and date of delivery as quoted by one of the Vessel. oil majors Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection delivery used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 TBA The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (unless they are the property of the Buyers as time charterers already) and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her (including broached/unbroached stores and provisions) on board and on shoreonShore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation (including GMDSS) and navigational equipment shall be included in the sale without saleWithout extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 videotel library and UNITOR bottles. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain (which have not passed through the property of vessel's system) and pay the sellers. Vessel’s new managers will pay sellers for these lubricating oils at Sellers' net contract price as and when they evidenced by invoices. The bunkers are broached and pay the Charterers' property. current net market price (excluding barging expenses) at the port and date of dateof delivery of the Vessel. .Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore at no extra cost. All spare parts and spare equipment on board including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding Nothwithstanding the foregoing, forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall not take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the on board which are property of Borship Tankers (the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price “Time Charterer”) pursuant to a time charter dated February 1, 2010 (the “Time Charter”) between Time Charterer and Seller, as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. novated by Seller to GMR Concord LLC Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares sparse on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place- and in the same currency as the Purchase Price. Bunkers to remain the Sellers’ property during handover. The Buyers are to buy back same upon redelivery from time charter. Same shall be covered by the charter party with logical amendments. The Buyers shall take over remaining unused lubricating oils (in tanks or in broached/unbroached drums) at the time of delivery paying the Sellers net Oil Major prices for last supply port. Exclusion list: - Reefer container unit spare parts - Power packs for reefer containers with related plugs, cords and extension cables - Manuals for reefer units - Logbooks for deck/engine, but Buyers can take copies of same - Unitor and/or drew bottles - Master’s officers and crew’s personal effects - Welfare equipment limited to games consoles, DVD’s and games software - Pictures and paintings - Documents directly related to present ownership - Documents which have to be returned to the authorities - All forms etc. which are related to the present ownership - The Vessel’s maintenance system for hull and machinery, however buyers have the right to take copies - Computer software for PC’s which are either developed by or licensed to the Sellers except loadmaster computer which is included in the sale - Digital cameras and mobile telephones - Meteorological equipment supplied by NOAA - Vessel specific and Sellers company stamps - PPE/Maersk boiler suits - Video on demand to be returned to Videotel - Fleet broadband internet SIM card The Sellers confirm one spare propeller available for Maersk Malacca (located in Singapore). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Sellers will remove all software systems, except for cargo loading system. All computers and printers to remain on board or be replaced by Sellers. All oxygen, acetylen, nitrogen, argon and Freon bottles from UNITOR, Cylinders for span gas and medical medical oxygen. Leased V-Sat. fixed line system terminal with antenna. A trial unit Fleet Master 33 from Nera. Leased freestanding computer and software for CBT training. Leased calibration instruments Unitech (suitcase). The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the VesselVessel based on the FAMM price list delivered Rotterdam three days prior to the delivery date less a discount of 60%. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. shore All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection inspection, used or unused, whether on board onboard or not shall become the Buyers' property, ’ property but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay an amount equal to that payable by the Sellers to the Intermediate Sellers or, as the case may be, the Builder. the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore at no extra cost. All spare parts and spare equipment on board including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding Nothwithstanding the foregoing, forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall not take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the on board which are property of Stena Bulk AB (the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price “Time Charterer”) pursuant to a time charter dated January 6, 2006 (the “Time Charter”) between Time Charterer and Seller, as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. novated by Seller to GMR Contest LLC Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if . If any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 ) The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Vessel Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils in storage tanks and ______________ sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. .See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to be agreed with vessel's Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master's discretion to remove same or leave on board free of charge to Buyers. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 All items on hire such as but not limited to the Unitor gas bottles and Videotel Library together with officers'/master's/crew's personal effects are excluded. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current Sellers' net market invoiced price (at port of last supply prior to delivery), against supporting invoices (excluding barging expenses) at the port and date of delivery of the Vessel). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. If the Vessel will be delivered at a port or place or berth where bunkers and lubricants are not available, the Vessel will be delivered with a sufficient quantity of bunkers and lubricants to sail to the nearest bunkering port.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore according to the Building Contract (Exhibit A), at the time of delivery of the Vessel from the Builders to the Sellers. All spare parts and spare spare-equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection delivery of the Vessel from the Builders to the Sellers in accordance with the Building Contract used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement after delivery from the Builders but prior to deliverydelivery to the Buyers, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment in accordance with the Makers’ List shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain on board the property Vessel at the time of delivery of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached Vessel from the Sellers to the Buyers and pay the current Sellers’ last net market price paid prices (excluding barging expenses) as evidenced by invoices/vouchers. The Sellers shall be responsible for providing the items as defined in the Makers’ List at no extra cost to the Buyers except for any further items which would be added after the date of this Agreement. For the avoidance of doubt: Owners’ Supply includes but is not limited to lubricating oil, lashing material and initial supply which shall be supplied, in accordance with the Building Contract and the Specifications, and paid for by the Buyers. The supply of the Owners’ supply as above shall be carried out at the port own risk and date of delivery expense of the VesselBuyers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. Clause 7 (continuing): However, if the Vessel is not delivered to the Buyers due to the Sellers’ default, the Buyers shall be re-imbursed by the Sellers for the Owner’s Supply including but not limited to lubricating oils, lashing material and initial supply at the Buyers’ reasonable net prices evidenced by invoices / vouchers.

Spares/bunkers, etc. The Sellers shall deliver the to Vessel to the Buyers with everything belonging to her on board and on shoreShore and/or on order. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if . If any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, including paints, wires, ropes, tackles and stores broached or unbroached but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. Spare parts on board to be as at the time of inspection by the Buyers and to be at least to the minimum class requirement. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers with an extra payment of maximum USD 10,000. without extra payment. /s/ Illegible /s/ Illegible The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 There are no hired equipments on board except for Oxygen / Freon / Acatylon bottles. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils and chemicals in storage tanks tanks, unbroached barrels and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay as per Sellers net invoiced prices less all discounts and any barging / delivery costs, supported by invoices / vouchers. the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. A statement (protocol) of Bunkers on board to be made on delivery. Exact quantities of lubes/chemicals to be measured and agreed by Buyers’ and Sellers’ Representatives’ joint survey 2 (two) days before the estimated time of delivery.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. shore All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection inspection, used or unused, whether on board onboard or not shall become the Buyers' ’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay an amount equal to that payable by the Sellers to the Intermediate Sellers or, as the case may be, the Builder. the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers • Dosing pump for these lubricating oils at net contract price as and when they are broached and pay the current net market price boiler water treatment (excluding barging expenses1 piece) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.• Unitor HFO compatibility test kit (1 piece) • Extra deck air compressor with panel (1 piece)

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils in storage tanks and _______________ sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. .See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore without extra costs to the Buyers'. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(spropeller(s)/propellerblade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(spropeller(s)/propellerblade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller's flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's's Officers', Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 Unitor Gas Bottles. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over and pay for remaining Bunkers onboard at the remaining bunkers time of delivery at Sellers' net contract prices as per last supply and unused lubricating oils for Unused Lubricating Oils in storage tanks and sealed unbroached drums shall remain to pay as per last major supply on the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Prices for Bunkers and Luboils to be evidenced by relevant invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 • Dosing pump for boiler water treatment (1 piece) • Unifor HFO compatibility test kit (1 piece) • Extra deck air compressor with panel (1 piece) • H.P. washing machine complete with extension cables (1 piece) • Painting spray machine The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in sealed drums or in storage tanks without having passed through the vessel’s system and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market marked last net purchase prices evidenced by the copy of invoices which to be provided by the sellers price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.. The Seller’s and the Buyers’s familiarization representative shall jointly measure the bunker/lubricant oil quantity and prepare a Statement of Fact prior to delivery of the vessel showing the remaining quantities of bunkers and unused lubricant oil including calculated consumption by the Vessel upto the date of delivery, which shall be the amount of bunkers and lubricating oils the Buyers shall pay under the terms of this agreement

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares fatl-sparos on order are to This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail — end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take take-over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and and-pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment-under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. Bunkers to remain the Sellers’ property during handover. The Buyers are to buy back same upon redelivery from time charter. Same shall be covered by the charter party with logical amendments. The Buyers shall take over remaining unused lubricating oils (in tanks or in broached/unbroached drums) at the time of delivery paying the Sellers net Oil Major prices for last supply port. Exclusion list: - Reefer container unit spare parts - Power packs for reefer containers with related plugs, cords and extension cables - Manuals for reefer units - Logbooks for deck/engine, but Buyers can take copies of same - Unitor and/or drew bottles - Master’s officers and crew’s personal effects - Welfare equipment limited to games consoles, DVD’s and games software - Pictures and paintings - Documents directly related to present ownership - Documents which have to be returned to the authorities - All forms etc. which are related to the present ownership - The Vessel’s maintenance system for hull and machinery, however buyers have the right to take copies - Computer software for PC’s which are either developed by or licensed to the Sellers except loadmaster computer which is included in the sale - Digital cameras and mobile telephones - Meteorological equipment supplied by NOAA - Vessel specific and Sellers company stamps - PPE/Maersk boiler suits - Video on demand to be returned to Videotel - Fleet broadband internet SIM card The Sellers confirm one spare propeller available for Maersk Merlion (located in Singapore). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her (including broached/unbroached stores and provisions) on board and on shoreonShore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation (including GMDSS) and navigational equipment shall be included in the sale without saleWithout extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 videotel library and UNITOR bottles. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain (which have not passed through the property of vessel's system) and pay the sellers. Vessel’s new managers will pay sellers for these lubricating oils at Sellers' net contract price as and when they evidenced by invoices. The bunkers are broached and pay the Charterers' property. current net market price (excluding barging expenses) at the port and date of dateof delivery of the Vessel. .Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. 8. Documentation The place of closing (including exchange of documents) :London Within 3 banking days from the date that a faxed copy of this agreement has been signed by or on behalf of both parties, the Buyers shall provide a list of the delivery documents required by them at the time of delivery of the vessel. The list shall be incorporated in this agreement by way of an addendum. In exchange for payment of the Purchase Price the Sellers shall furnish the Buyers with delivery documents, namely: a) Legal Xxxx of Sale in a form recordable in (the country in which the Buyers are to register the Vessel), warranting that the Vessel is free from all encumbrances, mortgages and maritime liens or any other debts or claims whatsoever, duly notarially attested and legalized by the consul of such country or other competent authority. b) Current Certificate of Ownership issued by the competent authorities of the flag state of the Vessel. c) Confirmation of Class issued within 72 hours prior to delivery. d) Current Certificate issued by the competent authorities stating that the Vessel is free from registered encumbrances. e) Certificate of Deletion of the Vessel from the Vessel's registry or other official evidence of deletion appropriate to the Vessel's registry ai the time of delivery, or, in the event that the registry does not as a matter of practice issue such documentation immediately, a written undertaking by the Sellers to effect deletion from the Vessel's registry forthwith and furnish a Certificate or other official evidence of deletion to the Buyers promptly and latest within 4 (four) weeks after the Purchase Price has been paid and the Vessel has been delivered. f) Any such additional documents as may reasonably be required by the competent authorities for the purpose of registering the Vessel, provided the Buyers notify the Sellers of any such documents as soon as possible after the date of this Agreement. At the time of delivery the Buyers and Sellers shall sign and deliver to each other a Protocol of Delivery and Acceptance confirming the date and time of delivery of the Vessel from the Sellers to the Buyers. At the time of delivery the Sellers shall hand to the Buyers the classification certificate(s) as well as all drawings, manuals and plans etc., (all of which shall be in English), including, but not limited to: A. approved loading manual B. approved trim and stability manual C. ISM safety management certificate D. tonnage certificate issued in accordance with the international convention on tonnage measurement of ships 1969 E. Equipment certificates for deck, electrical and machinery parts,Which are on board the Vessel. Other certificates which are on board the Vessel shall also be handed over to the Buyers unless the Sellers are required to retain same, in which case the Buyers to have the right to take copies. Other technical and commercial documentation (including, but not limited to, oil company approvals and/or vetting reports) which may be is in the Sellers' possession shall be promptly forwarded to the Buyers at their expense, if they so request. The Sellers may keep the Vessel's log books but the Buyers to have the right to take copies of same. 9. Encumbrances The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, detentions encumbrances, mortgages and maritime and/or statutory liens or any other debts whatsoever and is not black-listed by any Arab country to the best of the Owners' knowledge.. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims arising from facts or circumstances occurring prior to delivery made against the Vessel which have been incurred prior to the time of delivery. 10.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore excluding models. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to be agreed with Vessel’s Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master’s discretion to remove same or leave on board free of charges to Buyers excluding bonded cigarettes which cannot be taken ashore by law. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 All items on hire such as but not limited to, Wilhesen Gas bottles and Videotel Library together with the officers’/masters’/crews’ personal effects, computers, spos, portable cargo holds cleaning equipment sass (contracted) are excluded. Tempus system. Further items will be advised. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused unused/unbroached lubricating oils and grease in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current Sellers’ net invoiced price against supporting invoices. net market price (excluding barging expenses) at the port and date of delivery of the of-the-Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. Xxxxxxx XXX on delivery are Charterers property and Buyers shall take over and pay for xxxxxxx XXX on redelivery from Charter in accordance with the Charterparty terms.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The All radio installation and navigational equipment equipment, including GMDSS shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. , Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Excluded from the sale also to be Vessel’s engine room log books, although Buyers have the right to take Photocopies of log books for the last 12 months at their expense. Vessel’s oil record book from the time of Vessel’s construction to remain onboard as per SOLAS requirements. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items Items on hire): Please see Clause 19 The Masters bond stores, Sponsor’s painting, Unitor oxygene, acetylene and freon gas cylinders, Videotel video library, Seagull training videos, Batterworth Tank Cleaning Machines, Minim /Irridium, Owner’s Manuals, PMS. Buyers to pay extra for unused bunkers are the Charterers property onboard and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils oil in the storage tanks and sealed drums shall remain in unbroached drums/tins etc. (only luboils which have not gone through the property Vessel’s system) at Sellers last net purchase prices, as evidenced by fax copies of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vesselrelevant invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(spropeller(s), if any, belonging to the Vessel at the time of inspection signing of the Agreement used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessellast invoiced price supported by vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore excluding models. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to be agreed with Vessel’s Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master’s discretion to remove same or leave on board free of charges to Buyers excluding bonded cigarettes which cannot be taken ashore by law. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 All items on hire such as but not limited to, Ashland Gas bottles and Videotel Library together with the officers’/masters’/crews’ personal effects, pressure/tempreture calibrators, breathing air compressor, freon recovery uits, computers, spos, portable cargo holds cleaning equipment sass (contracted) are exclueded. Tempus system. Further items will be advised. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused unused/unbroached lubricating oils and grease in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current Sellers’ net market invoiced price (excluding barging expensesat port of last supply prior to delivery) at the port and date of delivery of the Vesselagainst supporting invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. shore All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection inspection, used or unused, whether on board onboard or not shall become the Buyers' ’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment.. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay an amount equal to that payable by the Sellers to the Intermediate Sellers or, as the case may be, the Builder. The current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils in storage tanks and _______________________ sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection delivery used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be included excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Unused/unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has neither spare propeller, nor spare tail-end shaft, nor spare anchor. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to To be excluded from the sale: Unitor Oxygen and Acetylene Bottles/equipment both used and unused, Owners’ Lists/publications/videos/software/PC’s etc, Globe wireless equipment/Mini-M’s. The buyers shall take over the remaining bunkers (IFO/MDO) and pay the Sellers: - in case of charter free as per Xxxxx’x prices at port of delivery or nearest port thereto, or - in case of charter attached as per charter party prices Also the buyers shall take over the remaining and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached greases and pay the current net market price (excluding barging expenses) at Sellers the port contract prices, a joint survey between Sellers’ and Buyers’ representatives to take place to ascertain the quantities of remaining bunkers/lubs on the date of delivery of the Vesseldelivery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board onboard or not shall become the Buyers' property, but ’ propertybutincluding for the avoidance of doubt and without limiting the generality of the foregoing spares on order are as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel.are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.):

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shoreshore and on order. All spare parts and spare equipment which shall be at least to the minimum requirements of the classification society and including other spare tail-end shaft(sparts on board the Vessel at Buyers’ inspection, Including spare tail and shaft/(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, . but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation All wireless and navigational aids equipment which were onboard the Vessel at the time of inspection except equipment hired or owned by the charterers and the technical managers shall be included in the sale without extra payment if they are the property of the Sellers. All Unused broached / unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 ); · Unliors Bottles · Videotel and Walport training videos · ECDIS software · TESMA SQEMS (electronic & hard copy) · SEP manual · (SOPEP) ship security plan and TESMA licensed software The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as umbroached drums, greases and when they are broached hydraulics and pay the current Sellers’ net cost (purchase) market price (excluding barging expenses) ). All prices to be evidenced by original invoices, at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shoreshore and on order. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 Oxygen/Acetylene/Freon bottles and Mini-M. With reference to slop chest, Sellers will revert prior to delivery if this is available for purchase by the buyers and the contents therein. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers which are charterars property and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will unbroached drums, greases and hydraulics and pay sellers for these lubricating oils unused luboils at Sellers’ net contract price as and when they are broached cost (purchase price) and pay the current net market price (excluding barging costs expenses) at the port and date of delivery of the Vessel. All prices to be evidenced by original if available, or relevant copies of invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore and on order. All spare parts and spare equipment including spare tail-end shaft(s) and/or and or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(sshafts(s) and spare propeller(s)/propeller blade(sblades(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions and publications shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take take, ashore crockery, platesplate, cutlery, linen linen, and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and unbroached sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current sellers net market purchase price including discounts This contract is a computer generated copy of the SALEFORM 1993 form, printed under license from the Norwegian Shipbrokers' Association, using the BIMCO Charter Party Editor. Any addition or deletion to the form must be clearly visible. In event of any modification being made to the preprinted text of this document, which is not clearly visible, the original document recommended by BIMCO, shall apply. The Norwegian Shipbrokers' Association and BIMCO assume no responsibility for any loss or damage caused as a result of discrepancies between the original document and this document. (excluding barging expenses) at the port and date of delivery of the Vessel). Payment under this Clause shall be made at the same time and place and in cash in the same currency as the Purchase Price. The Sellers shall provide copies of such invoices together with the proposed documents as provided in clause 3 above.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils in storage tanks and sealed ________________ drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. .See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers, if applicable. The All radio installation and navigational equipment including GMDSS shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Buyers have the right to take photocopies of log books, and all routine engine / deck maintenance reports for the last twelve months at their expense. Vessel’s oil record book from the time of Vessel’s contruction to remain onboard as per SOLAS requirements. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 Oxygen, acetylene and freon bottles and video films from Videotel. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (unless same is property of the Pool, as charterers) and unused lubricating oils in storage tanks and sealed drums shall remain (not having gone through the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached system) and pay the current Sellers last net market price purchase prices after discounts as evidenced by supporting invoices/documentation based on quantity figures mutually agreed between Buyer’s and Seller’s representatives ROB latest on the date of delivery. (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. shore and on order and with all those parties mentioned in the Shipbuilding Specifications except Grab Accessories which is an Owners Supply Item.. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unusedVessel, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the BuyersBuyers if same supplied by the Builder under the Shipbuilding Contract. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment if same supplied by the Builder under the Shipbuilding Contract and Specifications. The Upon contract signing or as soon as possible thereafter Sellers have to provide copies of all plans/drawings of this Vessel such as capacity plan/midship section plan/general arrangement pla/stability booklet/loading manual, mooring plan, accommodation plan and others essential to the right Buyers for Chartering and operation purposes provided same available from the Builder at present or, if otherwise, whenever available by the Builder. Buyers to take ashore crockery, plates, cutlery, linen over and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively pay extra for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items all luboils (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks & sealed drums) and sealed drums shall remain pay at Sellers’ net paid prices as evidenced by invoices. Bunkers which are onboard the property vessel at the time of delivery to be taken over by Buyers’ at Sellers’ net paid prices as evidenced by invoices from the Shipyard to the Sellers. Luboils necessary for filling up the Vessel’s systems including the main engine and sump tank, are for Sellers’ account. Any changes to Rules and Regulations governing the construction of the sellers. Vessel’s new managers will pay sellers for these lubricating oils vessel which come into effect following the execution of this Agreement shall not be applied subject to Buyers request and at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Pricetheir expense.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection inspection, used or unused, of unused whether on board onboard or not shall become the Buyers' ’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay an amount equal to that payable by the Sellers to the Intermediate Sellers or, as the case may be, the Builder. The current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils in storage tanks and __________________ sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. see also clause 19 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Broached and Unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 ---- The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 Oxygen/Acetylene/Freon bottles, logbooks, Company-Owner books-manuals, ISM-PMS files, videotel tapes, original Certificates which are required to be retained by Seller or returned to the flag state The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating hydraulic oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached greases and pay the sellers last purchase prices including discounts and excluding barging/delivering charges as evidenced by supporting invoices and/or vouchers current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. see also clause 19 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Broached and Unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall ’ vessel(s),shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 — The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to 1o her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if . If any, . belonging to the Vessel at the time lime of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tailtall-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation Installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included Included in the sale safe and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked itemsItems. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vesselpaid by sellers as evidenced by invoices/vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.. Excluded items: reverting

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore excluding models. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to he agreed with Vessel’s Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master’s discretion to remove same or leave on board free of charges to Buyers excluding bonded cigarettes which cannot be taken ashore by law. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 All items on hire such as but not limited to, Wilhesen Gas bottles and Videotel Library together with the officers’/masters’/crews’ personal effects, computers, spos, portable cargo holds cleaning equipment sass (contracted) are excluded. Tempus system. Further items will be advised. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused unused/unbroached lubricating oils and grease in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net not market price Sellers’ net invoiced price against supporting invoices. (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. Xxxxxxx XXX on delivery are Charterers property and Buyers shall take over and pay for xxxxxxx XXX on redelivery from Charter in accordance with the Charterparty terms.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, ashore and on order. and on shore. All spare parts and spare equipment (used or unused) including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel from the moment when MOA will be signed at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property. , but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. All The radio installation and navigational equipment shall be included in the sale without extra payment payment. if they are the property of the Sellers. All broached/unbroached Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), except of technical etc library. shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 oxygen / acetylene / gas bottles which are on hire and “mini-m satellite phone which is leased. At the time of closing and vessel’s delivery, The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils (which are defined as those lubricating oils which have not passed through the system and which are stored in storage tanks and/or in sealed drums) in storage tanks and sealed unbroached drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the Sellers’ net purchase price current net market price (excluding less any discounts and barging expenses) with latest supporting vouchers. at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore at no extra cost. All spare parts and spare equipment on board including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding Nothwithstanding the foregoing, forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall not take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the on board which are property of Stena Bulk AB (the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price “Time Charterer”) pursuant to a time charter dated January 6, 2006 (the “Time Charter”) between Time Charterer and Seller, as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. novated by Seller to GMR Concept LLC Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(ssparetail/endshaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., ; exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment as on board when vessel inspected (buyers representatives can compile inventory list onboard during familiarization) including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Items, Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 ); Oxygen Acetylene, Freon and Nitrogen Cylinders, Welding Rectifiers and Tank Cleaning Washing Machines. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market marked price (excluding barging expenses) at the port and date of delivery of the VesselVessel as evidenced by Sellers/Suppliers vouchers. The remaining bunkers is the property of the vessels time charterers (see clause 20). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. The place of closing: Piraeus, Greece At the time of delivery the Buyers and Sellers shall sign and deliver to each other a Protocol of Delivery and Acceptance confirming the date and time of delivery of the Vessel from the Sellers to the Buyers. At the time of delivery the Sellers shall hand to the Buyers the classification certificate(s) as well as all plans etc., which are on board the Vessel. Other certificates which are on board the Vessel shall also be handed over to the Buyers unless the Sellers are required to retain same, in which case the Buyers to have the right to take copies. Other technical documentation which may be in the Sellers’ possession shall be promptly forwarded to the Buyers at Buyers expense, if they so request. The Sellers may keep the Vessel’s log books but the Buyers to have the right to take copies of same.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection delivery used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be included excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Unused/unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to To be excluded from the sale: Unitor Oxygen and Acetylene Bottles/equipment both used and unused. Owners’ Lists/publications/videos/software/PC’s etc. Globe wireless equipment/Mini-M’s. The buyers shall take over the remaining bunkers (IFO/MDO) and pay the Sellers: - in case of charter free as per Xxxxx’x prices at port of delivery or nearest port thereto, or - in case of charter attached as per charter party prices Also the buyers shall take over the remaining and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached greases and pay the current net market price (excluding barging expenses) at Sellers the port contract prices, a joint survey between Sellers’ and Buyers’ representatives to take place to ascertain the qualities of remaining bunkers/lubs on the date of delivery of the Vesseldelivery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. shore All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection inspection, used or unused, whether on board onboard or not shall become the Buyers' property, ’ property but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section 111 of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay an amount equal to that payable by the Sellers to the Intermediate Sellers or, as the case may be, the Builder. the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or shaft(s)-and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but including spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions provisions, navigational aids, radio and telecommunication equipment (unless equipment is on hire) shall be included in the sale and be taken over by the Buyers without extra payment. Library and forms exclusively for use in the Sellers’ vessel(s) and captain’s, officers’ and crew’s personal belongings including the slop chest are excluded from the sale without compensation. as well as the following additional items:…………… (include list) Items on board which are on hire or owned by third parties, listed as follows, are excluded from the sale without compensation: • 1 SHELL FERROMAGNETIC INDICATOR • 11 UNITOR GAS BOTTLES • 2 LAPTOP MODELS FUJITSU LIFEBOOK E752 • 1 DESKTOP MODEL FUJITSU ESPRIMO E710 SFF INCLUDING EXTERNAL HARD DISK (INTENSO 750 GB) • 1 IRRIDIUM ANTENNA (COMPLETE KIT) • 1 CISCO ROUTER/FIREWALL MODEL 881 (include list) Items on board at the time of inspection which are on hire or owned by third parties, not listed above, shall be replaced or procured by the Sellers prior to delivery at their cost and expense. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, name or the ‘Samos Steamship’ logo provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils and hydraulic oils and greases in bulk storage tanks and unopened sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.either:

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and (if same are property of the Sellers)and unused lubricating oils in storage tanks and _____________________ sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net not market price (excluding barging expenses) at the port and date of delivery of the Vessel. .See Clause 20 _________________________________ Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore and on order and with all those parties mentioned in the Shipbuilding Specifications. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unusedVessel, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the BuyersBuyers if same supplied by the Builder under the Shipbuilding Contract. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment if same supplied by the Builder under the Shipbuilding Contract and Specifications. The Upon contract signing or as soon as possible thereafter Sellers have to provide copies of all plans/drawings of this Vessel such as capacity plan/midship section plan/general arrangement pla/stability booklet/loading manual, mooring plan, accommodation plan and others essential to the right Buyers for Chartering and operation purposes provided same available from the Builder at present or, if otherwise, whenever available by the Builder. Buyers to take ashore crockery, plates, cutlery, linen over and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively pay extra for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items all luboils (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks & sealed drums) and sealed drums shall remain pay at Sellers’ net paid prices as evidenced by invoices. Bunkers which are onboard the property vessel at the time of delivery to be taken over by Buyers’ at Sellers’ net paid prices as evidenced by invoices from the Shipyard to the Sellers. Luboils necessary for filling up the Vessel’s systems including the main engine and sump tank, are for Sellers’ account. Any changes to Rules and Regulations governing the construction of the sellers. Vessel’s new managers will pay sellers for these lubricating oils vessel which come into effect following the execution of this Agreement shall not be applied subject to Buyers request and at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Pricetheir expense.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. shore All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propeller(s)/ (* Notes, if any, in the surveyor’s report which are accepted by the Classification Society without condition/recommendation are not to taken into account. propeller blade(s), if any, belonging to the Vessel at the time of inspection inspection, used or unused, whether on board onboard or not shall become the Buyers' ’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(sspace propellers(s)/propeller blades(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay an amount equal to that payable by the Sellers to the Intermediate Sellers or, as the case may be, the Builder the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), . if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop stop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. see also clause 19 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end tail and shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Broached and Unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall ’ vessel(s),shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 --- The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), . if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(sthruster shafts(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but unpaid spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end thruster shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 Leased or third party owned equipment, if any, temporarily installed on the Vessel. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Pricedrums.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore including all such spare parts and equipment as necessary to comply with the minimum requirements imposed on the Vessel by the Vessel's technical manager, the Classification Society, the Buyers' choice of flag and under the BBC (as defined in Clause 17 of this Agreement), if any. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection delivery used or unused, whether on board or not shall become the Buyers' property, but including spares on order which shall be taken over by the Buyers without extra compensation to the Sellers. The Sellers shall provide the Buyer's with an inventory at the time of delivery. are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Remaining bunkers, lubricating oil and other consumerable stores (excluding spare parts) on board the Vessel at the time of delivery shall be excluded from the sale and subject to terms of Clause 9 of the BBC (as defined in Clause 17 of this Agreement). The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 ):_______ The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. see also clause 19 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Broached and Unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 ---- The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the to Vessel to the Buyers with everything belonging to her on board board. There are not spares or any other items ashore or on order. and on shore. shore All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' Buyers account. .The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 ). There are no hired equipments on board except for Oxygen / Freon / Acatylon bottles. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will and pay sellers for these lubricating oils at net TBA $/MT IFO, TBA $/MT MDO and Sellers contract price as and when they are broached and pay at the port of delivery for Lubricating oils. the current net nol market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board on shore and on shoreorder. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)equipment, if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment including SVDR if any shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has no spare propeller nor spare tail-end shaft. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 to be specified On delivery The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed in unbroached drums shall remain as onboard, and pay to the property Sellers the price of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net Sellers nett contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vesselevidenced by supporting vouchers/invoices as available. The Vessel to be delivered to her new owners with lubes sufficient for 30 running days. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. IFO/MDO onboard to remain Charterers property.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore including all such spare parts and equipment as necessary to comply with the minimum requirements imposed on the Vessel by the Vessel’s technical manager, the Classification Society, the Buyers’ choice of flag and under the BBC (as defined in Clause 17 of this Agreement), if any. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection deliveryinspection used or unused, whether on board or not shall become the Buyers' property, but butincluding spares on order are which shall be taken over by the Buyers without extra compensation to the Sellers. The Sellers shall provide the Buyers with an inventory at the time of delivery.are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if paymentif they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Remaining bunkers, lubricating oil and other consumerable stores (excluding spare parts) on board the Vessel at the time of delivery shall be excluded from the sale and subject to the terms of Clause 9 of the BBC (as defined in Clause 17 of this Agreement). The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 ):______ The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be 7.Spares,/ bunkers and other items, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail- end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. 7. Spares, bunkers and other items The Sellers have shall deliver the right Vessel to take ashore crockerythe Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), platesif any, cutlerybelonging to the Vessel at the time of inspection used or unused, linen and other articles bearing whether on board or not shall become the SellersBuyers' flag or nameproperty, provided they replace same with similar unmarked itemsbut spares on order are excluded. LibraryForwarding charges, forms, etc., exclusively for use in the Sellers' vessel(s)if any, shall be excluded without compensation. Captain's, Officersfor the Buyers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the saleaccount. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain be the property of the sellersBuyers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as Unused stores and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause provisions shall be made at the same time and place and included in the same currency as sale and be taken over by the Purchase PriceBuyers without extra payment.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore including grabs and fitted or portable machines. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellersextra. Unused Broached/unbroached unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has never had a spare propeller nor a spare tailshaft. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as Owners’/Managers’ directives/rules/publications/computer internal software and the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over and pay extra at the Sellers’ last net purchased prices excluding barging and delivery and as evidenced by invoices or copies thereof for the remaining bunkers and unused lubricating and hydraulic oils in storage tanks and which has not passed through the Vessel’s system and/or sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. pails Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propeller (s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on an order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propeller(s)/propellers blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), ) shall be excluded without compensation. , Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 • Dosing pump for boiler water treatment (1 piece) • Unitor HFO compatibility test kit (1 piece) • Extra deck air compressor with panel (1 piece) • H.P. washing machine complete with extension cables (1 piece) • Painting spray machine The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in sealed drums or in storage tanks without having passed through the vessel’s system and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current not marked last net market purchase prices evidenced by the copy of invoices which to be provided by the sellers price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. The Seller’s and the Buyers’s familiarization representative shall jointly measure the bunker/lubricant oil quantity and prepare a Statement of Fact prior to delivery of the vessel showing the remaining quantities of bunkers and unused lubricant oil including calculated consumption by the Vessel upto the date of delivery, which shall be the amount of bunkers and lubricating oils the Buyers shall pay under the terms of this agreement.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property value of which is included in the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vesselsale price. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore without any removals (except as specified below). All AII spare parts and spare equipment including spare tailtail- This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not dearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment including shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, (including ISM/ISPS documents and manuals and standard company forms), etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Oxygen, Acetylene and Freon gas cylinders are excluded from the sale. Captain's’s, Officers' ’ and Crew's ’s personal belongings including personal paintings and portraits, crew recreational items and the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils, hydraulic oils and greases in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as broached and when they are broached unbroached stores, and pay the current Sellers’ last net market purchase price (less all discounts and excluding barging expenses) at the port and date of delivery of the Vesselas supported by vouchers and/or invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board onboard or not shall become the Buyers' property, but ’ propertybut including for the avoidance of doubt and without limiting the generality of the foregoing spares on order as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel. are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.):

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The All radio installation and navigational equipment equipment, including GMDSS shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Excluded from the sale also to be Vessel’s engine room log books, although Buyers have the right to take Photocopies of log books for the last 12 months at their expense. Vessel’s oil record book from the time of Vessel’s construction to remain onboard as per SOLAS requirements. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Masters bond stores, Sponsor’s painting, Unitor oxygene, acetylene and freon gas cylinders, Videotel video library, Seagull training Videos, Butterworth Tank Cleaning Machines, Mini-ns/Irridium, Owner’s manuals, PMS. Buyers to pay extra for unused bunkers are the Charterers property onboard and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils oil in the storage tanks and sealed drums shall remain in [Illegible] drums/tins etc. (only [Illegible] which have not gone though the property Vessel’s system) at Sellers last net purchase prices, as evidenced by fax copies of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vesselrelevant invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore including grabs and fitted or portable machines. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellersextra. Unused Broached/unbroached unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has never had a spare propeller nor a spare tailshaft. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as Owners’/Managers’ directives/rules/publications/computer internal software and the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over and pay extra at the Sellers’ last net purchased prices excluding barging and delivery and as evidenced by invoices or copies thereof for the remaining bunkers and unused lubricating and hydraulic oils in storage tanks and which has not passed through the Vessel’s system and/or sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vesselpalls. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board onboard or not shall become the Buyers' property, ’ property but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel and all those parts and equipment mentioned in the Shipbuilding Contract, the Resale Agreement and the Specifications. are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers' ’ vessel(s), ) shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.):

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore and on order and with all those parties mentioned in the Shipbuilding Specifications except Grab Accessories which is an Owners Supply Item. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unusedVessel, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the BuyersBuyers if same supplied by the Builder under the Shipbuilding Contract. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment if same supplied by the Builder under the Shipbuilding Contract and Specifications. The Upon contract signing or as soon as possible thereafter Sellers have to provide copies of all plans/drawings of this Vessel such as capacity plan/midship section plan/general arrangement pla/stability booklet/loading manual, mooring plan, accommodation plan and others essential to the right Buyers for Chartering and operation purposes provided same available from the Builder at present or, if otherwise, whenever available by the Builder. Buyers to take ashore crockery, plates, cutlery, linen over and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively pay extra for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items luboils (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached drums) and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause Bunkers which onboard the Vessel at the time of delivery to be taken over by Buyers at Sellers’ net paid prices as evidenced by invoices from the Shipyard to Sellers. Luboils necessary for fillinf up the Vessel’s systems including the main engine and sump tank, are for Sellers Account. Notwithstanding the foregoing and subject to the approval of the Builders, the Buyers to have the option to supply lubricating oiols and greases necessary for the launching and the sea trials of the Vessel at the Shipyard prior to the time of the launching and the sea trials, and the Sellers shall compensate the Buyers upon delivery of the Vessel the cost of quantities of lubricating oils and greases consumed during the sea trial at the original purchase price. In measuring the consumed quantity, lubricating oils and greases remaining in the main engine, other machinery and their pipes xxxxx tube and the like, shall be made at excluded. The quantity of lubricating oils and greases supplied by the same time and place and Buyers shall be in accordance with the same currency as instructions of the Purchase PriceSellers.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment as on board when vessel inspected (buyers representatives can compile inventory list onboard during familiarization) including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellerspayment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 Oxygen, Acetylene, Freon and Nitrogen Cylinders, Welding Rectifiers and Tank Cleaning Washing Machines as on delivery. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market marked price (excluding barging expenses) at the port and date of delivery of the VesselVessel as evidenced by Sellers/Suppliers vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore, provided such on shore things belong to the Vessel alone and not to any common stock the Sellers may keep for both the Vessel and other vessels in the Sellers’ fleet. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not, provided such on shore things belong to the Vessel alone and not to any common stock the Sellers may keep for both the Vessel and other vessels in the Sellers’ fleet, shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail — end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 Excluded items as per Schedule A The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market Sellers’ last invoice price (excluding for the bunkers and lubricating oils -(including barging expenses) at the port and date of delivery of the Vessel). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. 8. Documentation The place of closing: New York, London or Vancouver to be mutually agreed upon by Sellers and Buyers In exchange for payment of the Purchase Price the Sellers shall furnish the Buyers with delivery documents, namely: a) Legal Xxxx of Sale in a form recordable in the Republic of the Xxxxxxxx Islands (the country in which the Buyers are to register th e Vessel), warranting that the Vessel is free from all encumbrances, mortgages and maritime liens or any other debts or claims whatsoever, duly notarially attested. b) Current Certificate of Ownership issued by the competent authorities of the flag state of the Vessel. This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be dearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document.

Spares/bunkers, etc. The Sellers Seller shall deliver the Vessel to the Buyers Buyer with everything belonging to her on board and on shoreonboard. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)equipment, if anywhether afloat or ashore, belonging to broached and unbroached stores and provisions onboard the Vessel at the time of inspection the inspection, used or unused, whether on board or not shall become the Buyers' Buyer's property, but spares on order are to except items set forth in the Paragraph below and in Schedule A hereto shall be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are Seller is not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare spares belonging to the Vessel and used as replacement parts on the Vessel prior to delivery, but the replaced items shall be the property of the BuyersBuyer. Buyer further agrees that the self contained breathing apparatus is accepted "as is, where is", and that the Buyer will inspect the equipment to verify that it is in proper operating condition prior to use, and to train their employees in the proper use and maintenance of the equipment. Schedule B is a current list of inventory items ashore. Sellers shall conduct a final inventory of items ashore and add any additional items from this inventory to Schedule B which the parties agree shall constitute the final Schedule B; possession of all such items on Schedule B shall be delivered to Buyer upon delivery of the Vessels. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have Seller has the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller's flag or name, provided they replace Seller replaces same with similar unmarked items. LibraryIn addition, forms, etc., exclusively for use in Seller has the Sellers' vessel(s), shall be excluded without compensationright to remove all items of property presently onboard the Vessel and listed on Schedule A attached hereto. Captain's, Officers' and Crew's personal belongings belongings, including the personal computers and slop chest are to be excluded from the salechest, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to shall also be excluded from the sale. Seller shall provide Buyer with a blank copy of all forms used onboard the Vessel. Library books specifically related and peculiar to the Vessel shall be included without additional cost. The Buyer shall take over all remaining unused pumpable bunkers, lubricating oils, and diesel fuel, in such quantities as are determined by representatives of Buyer and Seller on the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property date of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached Closing, and pay the current net market price (excluding barging expenses) for same at the port and date of delivery of Closing in an amount to be calculated by using the VesselSeller's last paid invoice for same. Payment under this Clause for same shall be made by wire transfer at the same time and place and in the same currency as the Purchase PriceClosing.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 • Dosing pump for boiler water treatment (2 pieces) • Unitor HFO compatibility test kit (1 piece) • Extra deck air compressor with panel (1 piece) • H.P. washing machine complete with extension cables (1 piece) • Painting spray machine The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in sealed drums or in storage tanks without having passed through the vessel’s system and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current not marked last net market purchase prices evidenced by the copy of invoices which to be provided by the sellers price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.. The Seller’s and the Buyers’s familiarization representative shall jointly measure the bunker/lubricant oil quantity and prepare a Statement of Fact prior to delivery of the vessel showing the remaining quantities of bunkers and unused lubricant oil including calculated consumption by the Vessel upto the date of delivery, which shall be the amount of bunkers and lubricating oils the Buyers shall pay under the terms of this agreement

Spares/bunkers, etc. See also clause 18 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, on order and on shore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, ’ property but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tailtail end-end shaft(s) and shaft(s)-and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio communications installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the saleSee clause 18. The Buyers-shall take over the remaining remaining-bunkers and unused lubricating oils in In storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market market, price (excluding barging expenses-expenses) at the port and date data of delivery of the VesselVessel See clause 18. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore without any removals (except as specified below). All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items Items shall be the property of the Buyers. The radio installation and navigational equipment including shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, (including ISM/ISPS documents and manuals and standard company forms), etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Oxygen, Acetylene and Freon gas cylinders are excluded from the sale. Captain's’s, Officers' ’ and Crew's ’s personal belongings including personal paintings and portraits, crew recreational items and the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils, hydraulic oils and greases in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as broached and when they are broached unbroached stores, and pay the current Sellers’ last net market purchase price (less all discounts and excluding barging expenses) at the port and date of delivery of the Vesselas supported by vouchers and/or invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. see also clause 19 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' Buyer’s account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Broached and Unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's, ’s Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 --— The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tailtall-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, 's Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see NIL On arrival of the vessel at New Orleans per Clause 19 17 hereunder. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vesselarrival. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, on order including all navalds and wireless equipment and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tailtall-end shaft(s) and spare propeller(s)/propeller propeller(s) propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 log books, holy icons, ISM manuals, original certificates which must be surrendered to authorities and hired or third party’s items, which shall be taken ashore by the Sellers upon or before delivery of the Vessel. Hired or third party’s items as follows: oxygen/acetylene/R22 Gas Bottles. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port part and date of delivery of the Vessel. Bunkers to remain the property of present chartenets. Also Buyers to pay extra for vessel’s unused luboil that have not passed through the vessel’s system in designated storage tanks and sealed drums/paits/ at Seller’s last net prices evidenced by invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel Vessels to the Buyers Buyer with everything belonging to her on board and on shorethe vessels onboard. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)equipment, if anywhether afloat or ashore, belonging to broached and unbroached stores and provisions onboard the Vessel Vessels at the time of inspection the inspection, used or unused, whether on board or not shall become the Buyers' Buyer's property, but spares on order are to except items set forth in the Paragraph below and in Schedule A hereto shall be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) parts, which are taken out of spare spares belonging to the Vessels and used as replacement parts on the Vessels prior to delivery, but the replaced items shall be the property of the BuyersBuyer. The radio installation Buyer further agrees that the self contained breathing apparatus is accepted "as is, where is", and navigational that the Buyer will inspect the equipment to verify that it is in proper operating condition prior to use, and to train their employees in the proper use and maintenance of the equipment. Schedule B is a current list of inventory items ashore. Sellers shall conduct a final inventory of items ashore and add any additional items from this inventory to Schedule B which the parties agree shall constitute the final Schedule B; possession of all such items on Schedule B shall be included in the sale without extra payment if they are the property delivered to Buyer upon delivery of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentVessels. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they sellers replace same with similar unmarked items. LibraryIn addition, forms, etc., exclusively for use in Sellers have the Sellers' vessel(s), shall be excluded without compensationright to remove all items of property presently onboard the Vessels and listed on Schedule A attached hereto. Captain's, Officers' and Crew's personal belongings belongings, including the personal computers and slop chest are to be excluded from the salechest, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to shall also be excluded from the sale. Sellers shall provide Buyer with a blank copy of all forms used onboard the Vessels. Library books specifically related and peculiar to these Vessels shall be included without additional cost. The Buyer shall take over all remaining unused pumpable bunkers, lubricating oils, and diesel fuel, in such quantities as are determined by representatives of Buyer and Sellers on the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property date of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached Closing, and pay the current net market price (excluding barging expenses) for same at the port and date of delivery of Closing in an amount to be calculated by using the VesselSellers' last paid invoice for same. Payment under this Clause for same shall be made by wire transfer at the same time and place and in the same currency as the Purchase PriceClosing.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreshore without any removals (except as specified below). All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment equipment-including shall be included in the sale This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which not dearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, (including ISM/ISPS documents and manuals and standard company forms), etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Oxygen, Acetylene and Freon gas cylinders are excluded from the sale. Captain's’s, Officers' ’ and Crew's ’s personal belongings including personal paintings and portraits, crew recreational items and the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils, hydraulic oils and greases in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as broached and when they are broached unbroached stores, and pay the current Sellers’ last net market purchase price (less all discounts and excluding barging expenses) at the port and date of delivery of the Vesselas supported by vouchers and/or invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and (if same are property of the Sellers)and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the to Vessel to the Buyers with everything belonging to her on board board, ashore and on order shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation installation, nautical instruments, loading programmes communication (GNDSS) software and their related hardware and navigational /s/ Illegible /s/ Illegible equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Broached / unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without with an extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or logo or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): Please see Clause 19 - Gas Bottles - All desktops/laptops/software documents of ISM/SMC except for the Trading Certificates. The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Buyers to pay extra for bunkers remaining on board at the time of delivery and pay prices as per [illegible] [illegible] at the time and port of delivery or in case [illegible] do not publish prices for the port of delivery than newest port [illegible] prices to apply. Buyers to pay extra for luboils [illegible] at the time of delivery in dedicated storage tanks and unbroached drums at Sellers net contract prices as per invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused Broached/ unbroached stores and used/unused provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers _____ Sellers confirmed No leased rented, hire equipment on board Vessel. Excluded from this sale are personal effects of Master, Officers and Crew including slop chest, log books, holy icons, ISM manuals, original certificates which must be surrendered to authorities and hired or third party's items, which shall be taken ashore by the Charterers property and are Sellers upon or before delivery of the Vessel. Notwithstanding the above the following items to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.Sale:

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 To Be Advised The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils in storage tanks and _______________________________ sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. .See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Sellers will remove all software systems, except for cargo loading system. All computers and printers to remain on board or be replaced by Sellers. All oxygen, acetylen, nitrogen, argon and Freon bottles from UNITOR, Cylinders for span gas and medical medical oxygen. Leased V-Sat. fixed line system terminal with antenna. A trial unit Fleet Master 33 from Nera. Leased freestanding computer and software for CBT training. Leased calibration instruments Unitech (suitcase). The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Vessel based on the FAMM price list delivered Rotterdam three days prior to the delivery date less a discount of 60% Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shoreShore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be Included excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions provisions, shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 - Crew Training Systems - Logbooks (but Buyers to have right to take copies) The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain and pay the Sellers’ last purchased price including all discounts on the lube oil prices supported with vouchers. Bunkers and the property of the sellers. Vessel’s new managers will pay sellers Charterers and no payment shall be made for these lubricating oils at net contract price as between Buyers and when they are broached and pay the Sellers. current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including her spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)propeller, if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including (her spare tail-end shaft(s) and spare propeller(s)/propeller blade(spropeller) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentsupported by vouchers. Prior to delivery sellers to prepare a list of major spares and stores on board and ashore. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Gas bottles, walport video entertainment library, GSM phone (sim card), iridium phone, Charterers software, DNA testing equipment, STCW 95 hours of rest software, Q/A manuals, Q/A documentation, Q/A certificates, correspondence with Unigas, logbooks and report files. Buyers bunkers are agree to take over the Charterers property licenses and are to be excluded from pay any license fees after the sale. The Buyers shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain and pay Seller’s net contract prices supported by vouchers. Bunkers on board at time of delivery are the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the VesselCharterers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board/on order and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, broached and unbroached stores, provisions and publications belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' ’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' ’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' ’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' ’ vessel(s), shall be excluded without compensation. Captain's’s, Officers' ’ and Crew's ’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 a maxi gun water xxxxxx for the holds and all oxygen, acetylene, freon bottles The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over [the remaining bunkers at the time of delivery and unused pay for them according to the prevailing plats prices at the time of delivery/port of delivery and] unused/unbroached lubricating oils remaining on board in the vessel’s storage tanks and in unbroached/sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current Sellers last net market price (excluding barging expenses) at the port and date of delivery of the Vessel. invoice prices duly evidenced by vouchers Payment under this Clause shall be made at the same time and place and place, in the same currency as the Purchase Price.the