0001193805-13-000912 Sample Contracts

POST-EFFECTIVE AMENDMENT No. 4 TO DEPOSIT AGREEMENT
Deposit Agreement • May 8th, 2013 • Deutsche Bank Trust Co Americas/ ADR Group • Water transportation • New York

POST-EFFECTIVE AMENDMENT No. 4 (the "Amendment") dated as of May , 2013 to the Deposit Agreement dated as of February 27, 2002 as amended by Post-Effective Amendments dated April 4, 2002, March 30, 2004 and November 23, 2012 (as so amended, the "Deposit Agreement") by and among Torm A/S (the "Company"), Deutsche Bank Trust Company Americas, an indirect wholly owned subsidiary of Deutsche Bank AG, as depositary (the "Depositary") and all Holders and Beneficial Owners from time to time of American Depositary Receipts issued thereunder.

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