0000919574-12-002820 Sample Contracts

AMENDMENT TO RESTATED MANAGEMENT AGREEMENT
Management Agreement • April 17th, 2012 • NORDIC AMERICAN TANKERS LTD • Water transportation

This Amendment to the Restated Management Agreement (this "Amendment") is a written confirmation of the decision made by the Board of Directors of the Company on November 4, 2011, and is intended to be effective as of the 1st day of December, 2011 (the "Effective Date"), by and between Nordic American Tankers Limited, a Bermuda company (the "Company"), and Scandic American Shipping Ltd., a Bermuda company ("Scandic").

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AMENDMENT TO RESTATED MANAGEMENT AGREEMENT
Management Agreement • April 17th, 2012 • NORDIC AMERICAN TANKERS LTD • Water transportation

This Amendment to the Restated Management Agreement (this "Amendment") is a written confirmation of the decision made by the Board of Directors of the Company on June 7, 2010, and was intended to be effective as of the 1st day of July, 2010 (the "Effective Date"), by and between Nordic American Tanker Shipping Limited, a Bermuda company (the "Company"), and Scandic American Shipping Ltd., a Bermuda company ("Scandic").

AMENDMENT TO RESTATED MANAGEMENT AGREEMENT
Management Agreement • April 17th, 2012 • NORDIC AMERICAN TANKERS LTD • Water transportation

This Amendment to the Restated Management Agreement is made as of the 19th day of November, 2005, by and between Nordic American Tanker Shipping Limited, a Bermuda company (the "Company"), and Scandic American Shipping Ltd., a Bermuda company ("Scandic").

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