Jacob Diesen Krags Vei Uses in Governing Law; Jurisdiction Clause

Governing Law; Jurisdiction

EMPLOYMENT AGREEMENT (this "Agreement") dated as of 16 April 2008, between DOUBLE HULL TANKERS, INC., a corporation incorporated under the laws of the Republic of the Marshall Islands ("Employer"), and OLE JACOB DIESEN, an individual ("Executive").

Governing Law; Jurisdiction. This Agreement shall be governed by and interpreted in accordance with English law, and the parties hereby submit to the jurisdiction of the courts of England and Wales.