Navion Subsidiaries
Schedule 5.1.3 Navion Subsidiaries
to the Share Sale and Purchase Agreement
between Statoil ASA and Statpet AS
and Norsk Teekay AS
dated 15 December 2002
Navion Subsidiaries
We refer to the Share Sale and Purchase Agreement (the “Agreement”) entered into on 15 December 2002 between Statoil ASA (“Statoil”) and Statpet AS (“Statpet”) on the one side and Norsk Teekay AS on the other side.
Words and expressions defined or used in the Agreement have the same meanings in this Schedule, unless the contrary is expressly stated or where those meanings would be clearly inconsistent in the relevant context.
We hereby represent and warrant that as of the Signing Date the total share capital of the Navion Subsidiaries are as follows:
Name: Reg. No.: Share capital: Navion Shipping Holding AS 982 770 971 146.000.000 NOK Navion Shipping AS 979 199 902 145.000.000 NOK Navion Shipping Operations AS 977 045 029 1.000.000 NOK Navion Chartering AS (50 %) 000 000 000 1.000.000 NOK Navion Maritime AS 979 199 252 1.619.300.000 NOK Xxxxxxxxx Navion KS 979 210 876 1.044.000.000 NOK Xxxxxxxxx Navion AS 979 178 476 35.000.000 NOK Navion Technology AS 979 433 425 10.000.000 NOK Navion Offshore Loading AS 984 837 771 100.000 NOK Navion Caspian Region AS 983 665 705 1.000.000 NOK Caspian Transportation Holding (Cyprus) Ltd. HE 1296 84 1.000 CVP Navion Inc. 450.000 USD