Common use of Shifting and Cargo Containment System Installation Clause in Contracts

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s proposed process. 11 of 66

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT XXX and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 of 6668

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT XXX and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 of 6665

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 of 6665

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 13 of 6674

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDERBUILDET’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 of 66

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT XXX and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 of 66.

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 12 of 66

Shifting and Cargo Containment System Installation. The shifting of the VESSEL during cargo containment construction will be avoided as far as practicable particularly during triplex bonding work. If BUILDER wishes to shift the vessel at any time during vessel construction the agreement of the BUYER must first be obtained. If movement of the vessel is inevitable due to environmental circumstances but not just for BUILDER’s convenience, the BUILDER will inform to the BUYER prior to the shifting of the VESSEL. Before moving the VESSEL triplex work and other time critical work shall be stopped for an amount of time agreed by BUYER and BUILDER before the VESSEL is moved. Upon agreement of BUYER, work shall restart after preparation of proper working condition. Double Banking is not allowed without BUYER’s approval. At a minimum of three (3) months prior to the VESSEL’s steel cutting milestone, BUILDER’s proposal for the secondary barrier bonding process and the documentation detailing this process shall be submitted to BUYER for approval. BUILDER’s submission shall include, at minimum, GTT and Classification Society’s approval of BUILDER’s proposed process and GTT and Classification Society’s underlying report that supports each organization’s approval of the process including suitability and approval of glue, triplex, and all bonding components. BUYER shall review the submitted documentation and shall either accept or reject within twenty-eight (28) 10 of 66 days BUILDER’s proposed process. Unless otherwise agreed by BUYER, BUILDER shall resubmit its proposal for BUYER’s approval prior to the VESSEL’s steel cutting milestone. BUYER shall review the re-submitted documentation and shall either accept or reject within twenty-eight (28) days BUILDER’s ’ s proposed process. 11 13 of 6675