07.NODRYDOCKINGCLAUSETOAPPLY.

08.AFTERMOASIGNEDANDDEPOSITLODGED,BUYERWILLHAVETHERIGHTTOPLACEINSHIPYARDATBUYERSEXPENSESMAXFOUR(4)REPRESENTATIVESFORFAMILIARISATIONANDSUPERVISIONPURPOSESONLYANDWITHOUTINTERFERENCETOVESSELSNORMALCONSTRUCTION/BUILDING,UPTOVESSELSDELIVERY.PRIORBOARDING,BUYERSREPRESENTATIVESTOSIGNSELLERUSUALP+IINDEMNITYFORMS.SELLERS/OFFICERS/CREWTOFULLYCOOPERATEINEXPLAINING/DEMONSTRATINGOPERATIONOFVESSELSEQUIPMENTS.SELLERTOPROVIDEACCOMODATION/OFFICEAVAILABLEATSHIPYARD.

09.

ATDELIVERY,SELLERSHOULDPROVIDETHEDOCUMENTSTOTHEBUYERASTHELISTSTATEDINAPPENDIXTOTHISMOA,INORDERTOEFFECTSMOOTHTRANSFEROFTITLEANDINBUYERSOPTION,REGISTEROFFLAG.LISTOFSUCHDOCUMENTSASPERATTACHEDAPPENDIXANDTHEYSHALLBEINCORPORATEDINTOANADDENDUMTOTHISMOA.ATTIMEOFDELIVERY,SELLERWILLCOOPERATETOTHEBUYERSTOOBTAINALLCERTIFICATESREQUIREDBYTHEFLAGAUTHORITYWHICHTOBEREGISTERED.

10.

CLOSINGANDEXCHANGEOFFULLDOCUMENTSTOBEINSHANGHAI.

11.ALLNEGOTIATIONSANDEVENTUALSALETOBEKEPTSTRICTLYPRIVATEANDCONFIDENTIALBETWEENPARTIESINVOLVED.

12.THISMOASHALLBEEFFECTIVEAFTERSUBJECTHEFOLLOWINGCONDITION:

12.1

MOASIGNEDBYBOTHPARTIES.

12.1SUBJECTLIFTEDBYB.O.DOFTHEBOTHPARTIES,BUTNOTLATERTHAN3WORKINGDAYSAFTERSIGNINGMOA.

13.

BUYERSDEFAULT

SHOULDTHEDEPOSITNOTBEPAIDINACCORDANCEWITHCLAUSE2,THESELLERSHAVETHERIGHTTOCANCELTHISAGREEMENT,ANDTHEYSHALLBEENTITLEDTOCLAIMCOMPENSATIONFORTHEIRLOSSESANDFORALLEXPENSESINCURREDTOGETHERWITHINTEREST.

SHOULDTHEPURCHASEPRICENOTBEPAIDINACCORDANCEWITHCLAUSE2,THESELLERSHAVETHERIGHTTOCANCELTHEAGREEMENT,INWHICHCASETHEDEPOSITTOGETHERWITHINTERESTEARNEDSHALLBERELEASEDTOTHESELLERS.IFTHEDEPOSITDOESNOTCOVERTHEIRLOSS,THESELLERSSHALLBEENTITLEDTOCLAIMFURTHERCOMPENSATIONFORTHEIRLOSSESANDFORALLEXPENSESINCURREDTOGETHERWITHINTEREST。