0000919574-10-002252 Sample Contracts

Contract
Administrative Services Agreement • March 10th, 2010 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight • England
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FORM OF
Time Charter Party • March 10th, 2010 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight • London

Description and Condition of Vessel 1. At the date of delivery of the vessel under this charter (a) she shall be classed: (See additional clause 1) (b) she shall be in every way fit to carry crude petroleum and/or its clean and dirty products; always in accordance with vessel's class certificates, coating manufacturers resistance list and the vessel's trim, stability and stress requirements, maximum 3 grades (within the vessel's natural segregations), but always excluding asphalt , bitumens, casinghead — LWSR permitted only if compatible with coating manufacturers resistance list. Charterers not to re-dellver the vessel with last cargo orimulsion, CBFS or LSWR. (c) she shall be tight, staunch, strong, in good order and condition, and in every way fit for the service with her machinery, boilers, hull and other equipment including but not limited the hull stress calculator and radar) in a good and efficient state: (d) her tanks, valves and pipelines should be oil-tight; (e) she shall be

FORM OF
Ship Management Agreement • March 10th, 2010 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight • New York

This document is a computer generated SHIPMAN 98 form printed by authority of BIMCO. 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 BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.

Dated 17 May 2005 SENATORE SHIPPING COMPANY LIMITED NOEMI SHIPPING COMPANY LEVIITED as joint and several Borrowers - and - THE ROYAL BANK OF SCOTLAND plc as Lender
Loan Agreement • March 10th, 2010 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight

Clause Page 1 PURPOSE, DEFINITIONS AND INTERPRETATION 1 2 DRAWDOWN 8 3 INTEREST AND INTEREST PERIODS 9 4 REPAYMENT AND PREPAYMENT 10 5 CONDITIONS PRECEDENT 12 6 REPRESENTATIONS AND WARRANTIES 18 7 UNDERTAKINGS 21 8 APPLICATION OF EARNINGS 25 9 EVENTS OF DEFAULT 25 10 FEES AND EXPENSES 28 11 PAYMENTS AND CALCULATIONS 29 12 NO COUNTERCLAIM, TAXATION 29 13 CHANGES IN CIRCUMSTANCES 30 14 INDEMNITIES 32 15 SET-OFF 32 16 SECURITY AND APPLICATION 33 17 JOINT AND SEVERAL LIABILITY 34 18 COMMUNICATIONS 34 19 ASSIGNMENTS 35 20 MISCELLANEOUS 35 21 LAW AND JURISDICTION 36 SCHEDULE MANDATORY COST RATE 37 APPENDIX A NOTICE OF DRAWING 39 APPENDIX B FORM OF MORTGAGE 40 APPENDIX C FORM OF GENERAL ASSIGNMENT 41 APPENDIX D FORM OF ACCOUNT CHARGE 42

FORM OF COMMERCIAL MANAGEMENT AGREEMENT between a vessel-owning subsidiary of the Copany and SCM
Commercial Management Agreement • March 10th, 2010 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight
FORM OF MEMORANDUM OF AGREEMENT
Memorandum of Agreement • March 10th, 2010 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight • London

___________________________________________________ , Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 hereinafter called the Buyers, have agreed to buy the 2 Name: __________________________________________ 3 Classification Society/Class: 4 Built: By: 5 Flag: Place of Registration: 6 Call sign: Grt/Nrt: 7 Register Number: 8 hereinafter called the Vessel, on the following terms and conditions: 9 Definitions 10 "Banking days" are days on which banks are open both in the country of the currency. 11 Stipulated for the Purchase Price in Clause 1 and in the place of closing stipulated in Clause 8. 12 "in writing" or "written" means a letter handed over from the Sellers to the Buyers or vice versa, 13 a registered letter, telex, telefax or other modern form of written communication 14 "Classification Society" or "Class" means the Society referred to in line 4 15 1. Purchase Price: USD _______________________________________cash on delivery, without any

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