EXERCISE OF OPTION TO EXTEND AND AMENDMENT NO. 1 TO CHARTER PARTY DATED OCTOBER 6, 2005 (THE “CHARTERPARTY”) BETWEEN SOPHIE TANKER CORPORATION (THE “OWNERS”) AND DHT SOPHIE AFRAMAX CORP. (THE “CHARTERERS”) FOR THE VESSEL OVERSEAS SOPHIE
Exhibit
10.8
EXERCISE
OF OPTION TO EXTEND AND
AMENDMENT
NO. 1
TO
CHARTER
PARTY
DATED
OCTOBER 6, 2005
(THE
“CHARTERPARTY”)
BETWEEN
SOPHIE
TANKER CORPORATION (THE “OWNERS”)
AND
DHT
SOPHIE AFRAMAX CORP. (THE “CHARTERERS”)
FOR THE
VESSEL
OVERSEAS
SOPHIE
Pursuant
to clause 99 of the Charterparty, the Charterers hereby declare, as of November
26, 2008, the exercise of the first 12 months of the option period which shall
commence on
July 17,
2011 at 0001 hours GMT and end on July 16, 2012 at 2400 hours GMT (the “Option Period”).
As of the
date of this agreement, the Owners and the Charterers hereby amend the terms of
the Charterparty as follows:
(1)
Notwithstanding clause 99, the rate during the Option Period shall, at the
option of the Charterers, be:
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a)
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usd
25,400 per day
during the period from July 17, 2011 at 0001 hours GMT until October 16,
2011 at 2400 hours GMT and usd 25,700 per day during
the period from October 17, 2011 at 0001 hours GMT until July 16, 2012 at
2400 hours; or
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b)
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the
market rate as determined by the Association of Shipbrokers Agents and
Agents Tanker Broker Panel plus five percent provided, however, that the rate
payable during the Option Period shall never be less than usd 20,400 per
day.
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(2)
Except as expressly amended by this agreement, the terms and conditions of the
Charterparty remain unchanged and in full force and effect including, without
limitation, the profit sharing arrangement between the Owners and the
Charterers.
January
15, 2009
| For Sophie Tanker Corporation | For DHT Sophie Aframax Corp. | |||
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By:
/s/ Ole Xxxxx Xxxxxx
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By:
/s/ Mats Xxxxxxxx
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Name:
Ole Xxxxx Xxxxxx
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Name:
Mats Xxxxxxxx
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Title:
Vice President
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Title:
President
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