0000919574-08-002261 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • March 17th, 2008 • Ship Finance International LTD • Deep sea foreign transportation of freight

The board of directors of each Subsidiary is formally responsible for the administration thereof but answers to the Board as its sole shareholder.

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AMENDMENT AGREEMENT NO. 1
Amendment Agreement • March 17th, 2008 • Ship Finance International LTD • Deep sea foreign transportation of freight • England

(hereinafter collectively referred to as the “Parties”) for the purpose of amending certain terms in a charter ancillary agreement entered into on June 20, 2005 between the Parties and some other vessel owning subsidiaries of the Company at such time (the “Charter Agreement”).

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