Leping

CONTRACT No K094-25

BETWEEN: Estonian Transport Administration, acting within its statutory authority and

represented by Director of Maritime Division Kristjan Truu (hereinafter

Administration)

AND: Baltic Kalmar Marina AB (hereinafter Reseller) represented by Peter Röhl,

Member of the management

Together, Administration and Reseller shall be referred to herein as the Parties. The Parties

hereby agree as follows:

1. OBJECT OF CONTRACT

1.1. Administration gives and Reseller takes for sale the products developed by the

Administration, such as navigational charts and chart albums (hereinafter Products).

1.2. Reseller sells the Products and is acting for its own account and at its own name.

Administration refrains from interfering in Reseller’s business operations.

2. DELIVERY OF PRODUCTS

2.1 The Administration shall issue the Products to the Reseller after the payment of invoice.

The exact date of delivery of the Products shall be agreed separately.

2.2 After receiving the payment, the Administration shall notify the Reseller of the weight

and size of the Products for transport and have the Products ready for pick up.

2.3 Reseller shall at his own cost arrange the courier to pick up the Products from the premises

of the Administration (Valge 4, 11413 Tallinn) on working days (Monday - Friday) during

working hours (9.00-16.00).

2.4 The minimum quantity of Products ordered by the reseller is 5 navigational charts or 5

chart albums.

2.5 The Administration is not responsible for damages caused to the Products after delivering

them to the Reseller or to the transport company.

3. PRICING AND ACCOUNTING

3.1. The Products shall be delivered to the Reseller for the purchase price set by the

Administration.

3.2. The Administration shall notify the Reseller in writing of any changes in the prices of the

Products within fifteen (15) working days at the latest.

3.3. The Administration shall issue an invoice to the Reseller in accordance with the order

placed by the Reseller.

3.4. The due date of the invoice issued by the Administration shall be fourteen (14) days.

4. TERM AND TERMINATION

4.1 This Contract is effective after signed by both parties and as of date of the last signature.

4.2 The term of this Contract shall be for a fixed period of three (3) years commencing on the

Effective Date.

4.3 Provided the Parties to this Contract have not duly informed of the intention of termination

this Contract, which is at least one (1) month prior to the foregoing expiration date, this

Contract shall automatically continue in full force and effect for a successive three (3)

year renewal period.

4.4 Either Party to this Contract have the right to terminate this Contract upon one (1) month

prior notice, in case the other fails to perform his contractual obligations, or other

inadequate undertakings under this Contract.

4.5 This Contract may be unilaterally terminated by either party at six (6) months prior notice,

irrespective of any reason.

5. COMMUNICATION BETWEEN PARTIES

5.1. Each party shall forward all notices under this contract to the other party at the address

given in the contract or through electronic communication channels. The parties shall

notify each other without delay of any changes regarding the addresses or the

communication channels to be used.

5.2. All notices relating to cancellation of contract or notices sent as a result of a breach of

contract shall be provided in written form.

5.3. Written notices shall be forwarded by registered post or by e-mail.

6. CONCLUDING PROVISIONS

6.1 Representative on behalf of Administration with regard to contract matter:

Maris Väling, Cartography Department, e-mail [email protected]

6.2 Representative on behalf of Reseller with regard to contract matter: Peter Röhl,

e-mail [email protected]

Estonian Transport Administration Baltic Kalmar Marina AB

registry code: 70001490 VAT No: SE556286108701

address: Valge 4, address: Box 276

11413 Tallinn, Estonia 391 23 Kalmar, Sweden

phone: +372 620 1200

Invoices as email: [email protected]

____________________________ ____________________________

by: Kristjan Truu by: Peter Röhl

title: Director of Maritime Division title: Member of the management

date: _______________ date: _______________