Exibit 10.4
CONTRACT FOR THE PROVISION OF
ACCOUNTING SERVICES
BY
RC CONSULTANTS A.S
TO
MARINE SHUTTLE OPERATIONS A.S
CONTRACT
Following contract is agreed between
Marine Shuttle Operations a.s, (MSO) with address Luramyrveien 23, hereinafter
referred to as MSO
and
RC Consultants a.s, Luramyrveien 23, hereinafter referred to as Contractor,
for the provision of accounting services.
Now therefore, the parties agree as follows:
Clause 1
The objective of this frame agreement is for Contractor to assist MSO
during the start-up phase assisting in performing various accounting
assistance.
Clause 2
MSO shall pay to Contractor the rate as defined in Exhibit 1. If the
services include bookkeeping assistance, there shall be paid an
additional NOK 1,50 per transaction as "EDP-expences".
Clause 3
The rate shall include all taxes, levies and royalties.
Clause 4
The following services are not included in the rate:
- Travel, i.e. flight, taxies
- Travel expenses and living allowances as per Norwegian State
Regulation (Statens Reiseregulativ)
- Accommodation
Clause 5
Accounting services will be invoiced on a monthly basis. MSO will pay
invoices 30 days upon receipt.
Clause 6
All and any disputes arising in connection with the contract shall be
finally settled before the Courts of Stavanger. The Parties agree that
Norwegian law shall apply. The language of arbitration shall be
Norwegian.
Clause 7
The validity of the above contract will depend on contract award to a
construction yard.
AS WITNESS the hands of the duly authorised representative of MSO and the
Contractor the day and year first above written.
Signed: Xxxxx Xxxxxxx Signed: Njaal Xxxx Xxxxxx
-------------------------------
For and on behalf of the MSO For and on behalf of the Contractor RC
Consultants a.s
Date: 26.02.98 Date: 26.02.98
EXHIBIT 1
Contractor shal provide personnel in the categories and classification of
personnel listed below.
MSO will compensate Contractor according to following reimbursable rates:
Personnel Category Hourly Rate
Specialist/Leader NOK 690,-
Senior Accountant NOK 600,-
Accountant NOK 300,-
For the purpose of classification of personnel following criteria will apply:
Specialist/Leader The person assigned shall be qualified in
the specific discipline with a university degree
and/or recognised professional qualification with at
least 10 years of management/supervisory experience
and have over 10 years discipline experience. An
individual in this category will hold a supervisory
position during the assignement period.
Senior Accountant The person assigned shall be qualified in
the specific discipline with a university degree
and/or recognised professional qualification with at
least 10 years discipline experience.
Accountant The person assigned shall be qualified in the
specific discipline required and have up tp 3 years
discipline experience.
