ALLSEAS MARINE S.A.
VESSEL: M.V. “ ”
TABLE OF CONTENTS
3. THE MANAGERS GENERAL OBLIGATIONS
4. MANAGER’S POWERS
5. TECHNICAL MANAGEMENT SERVICES
6. COMMERCIAL MANAGEMENT SERVICES
* SALE AND PURCHASE
* OPERATIONS AND FREIGHT COLLECTION
* BUDGETS AND MANAGEMENT OF FUNDS
11. FORCE MAJEURE
14. ASSIGNABILITY OF AGREEMENT
16. GOVERNING LAW
19. ENTIRE AGREEMENT
This Agreement is made as of the 2006, between of Marshall Islands
(hereinafter called the “Owner”) and Allseas Marine S.A. of Liberia, (hereinafter called the “Manager”)
(A) The “Owner” is the registered owner of the ship (the “Vessel”) particularly
described in Schedule A annexed hereto.
(B) The Owner wishes to retain the Manager to provide, subject to the terms and conditions set forth herein,
technical and commercial management services in respect of the Vessel.
(C) The Manager is willing and is able to provide such technical and commercial management services upon the
terms and conditions set forth below.
Now therefore the parties hereto agree as follows:
The Manager is hereby appointed by the Owner as Technical and Commercial Manager of the Vessel and the
Manager hereby accepts such appointment on the terms and conditions of this Agreement.
1.0.1 With effect from the date hereof and continuing, unless and until terminated as provided herein, the Owner
hereby appoint the Manager and the Manager hereby agrees to act as Manager of the Vessel.
1.0.2 The Manager undertakes to use it