0000919574-08-002717 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • May 2nd, 2008 • Frontline LTD / • Deep sea foreign transportation of freight

The board of directors of each Subsidiary is formally responsible for the administration thereof but answers to the Board as its sole shareholder.

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CHARTER ANCILLARY AGREEMENT
Charter Ancillary Agreement • May 2nd, 2008 • Frontline LTD / • Deep sea foreign transportation of freight • England

THIS CHARTER ANCILLARY AGREEMENT is entered into as of January 1, 2004 by and among Ship Finance International Limited, a Bermuda corporation (the “Company”), the vessel owning subsidiaries named on Schedule A hereto (the “Owners”), Frontline Ltd., a Bermuda corporation (“Frontline”), and Frontline Shipping Limited, a Bermuda corporation (the “Charterer”). The Company, the Owners, Frontline and the Charterer and any Substitute Owners that execute counterpart signature pages pursuant to Section 8.6(b) are collectively referred to herein as the “Parties.”

AMENDMENT AGREEMENT NO. 1
Amendment Agreement • May 2nd, 2008 • Frontline LTD / • Deep sea foreign transportation of freight • England

(hereinafter collectively referred to as the “Parties”) for the purpose of amending certain terms in a charter ancillary agreement entered into on June 20, 2005 between the Parties and some other vessel owning subsidiaries of the Company at such time (the ‘‘Charter Agreement”.

AMENDMENT AGREEMENT NO. 3
Amendment Agreement • May 2nd, 2008 • Frontline LTD / • Deep sea foreign transportation of freight • England

(hereinafter collectively referred to as the “Parties”) for the purpose of amending certain terms in a charter ancillary agreement entered into on January 1, 2004 between the Parties and some other vessel owning subsidiaries of the Company at such time as subsequently amended by an addendum No. 1 thereto of June 15, 2004 and an amendment No. 2 thereto dated February 3, 2005 (together, the “Charter Agreement”).

SECOND SUPPLEMENTAL PURCHASE AGREEMENT
Second Supplemental Purchase Agreement • May 2nd, 2008 • Frontline LTD / • Deep sea foreign transportation of freight

(Southwest, Front Target, Front Traveller, West, Granite and Quadrant hereinafter collectively referred to as the “Owners” and, individually, as an “Owner”)

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