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2 similar Management Agreement contracts by Arlington Tankers Ltd.

1. Date of Agreement THE BALTIC AND INTERNATIONAL MARITIME COUNCIL (BIMCO) 5 January 2006 STANDARD SHIP MANAGEMENT AGREEMENT CODE NAME: “SHIPMAN 98”
Management Agreement • January 11th, 2006 • Arlington Tankers Ltd. • Deep sea foreign transportation of freight • London

It is mutually agreed between the party stated in Box 2 and the party stated in Box 3 that this Agreement consisting of PART I and PART II shall be performed subject to the conditions contained herein. In the event of a conflict of conditions, the provisions of PART I shall prevail over those of PART II to the extent of such conflict but no further.

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Management Agreement • January 11th, 2006 • Arlington Tankers Ltd. • Deep sea foreign transportation of freight • London

It is mutually agreed between the party stated in Box 2 and the party stated in Box 3 that this Agreement consisting of PART I and PART II shall be performed subject to the conditions contained herein. In the event of a conflict of conditions, the provisions of PART I shall prevail over those of PART II to the extent of such conflict but no further..

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