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7.
Vessel Chartering Agreement No. 161DKKSSM-PSBVII2008 privately-drawn with sufficient stamp duty by and between SEN as the owner and PT Pelayaran Salam Bahagia as the chartering party with the following terms and
conditions: Charter Object
: SV Bintang Natuna Vessel
Charter Price :
US6.200 six thousand two hundred United States dollars per day total charter price of US6,782,800
Term : 1 July 2008 until 30 June 2011
C. Lease Agreements
The Company has entered into a number of lease agreements with related parties of the Company, including the following: 1. Lease Agreement dated 31 October 2008 privately-drawn, by and between PT Wintermarjaya Lestari as Lessor and
Issuer as Lessee, with the following terms and conditions: Object of Agreement
: 1 floor of Building with area of approximately 467.40 square meters Lease Price
: 1. Lease price shall be Rp.70,000 seventy thousand Rupiah per square meter or Rp.32,718,000.00 thirty two million seven hundred and eighteen thousand
Rupiah per year or Rp.1,963,080,000.00 one billion nine hundred and sixty three million eighty thousand rupiah per five years,
2. Service charge shall be Rp.30,000.00 thirty thousand Rupiah per square meter or Rp.14,022,000.00 fourteen million twenty two thousand Rupiah per month or
Rp.168,264,000.00 one hundred and sixty eight million two hundred and sixty four thousand Rupiah or Rp.841,320,000.00 eight hundred and forty one million
tree hundred and twenty thousand Rupiah per five years, Purpose of Business Venue: Place of Business
Term : 1 November 2008 to 31 October 2013
2. Lease Agreement dated 2 November 2008 privately-drawn, by and between PT Wintermarjaya Lestari as Lessor and WT as Lessee, with the following terms and conditions:
Lease Price : Pursuant to Article 3 of this Agreement
1. Lease price shall be Rp.70,000 seventy thousand Rupiah per square meter or Rp.55,104,000,00 fifty five million one hundred and four thousand Rupiah per
year or Rp.661,248,000,00 six hundred and sixty one million two hundred and forty eight thousand Rupiah per year or Rp.3,306,240,000,00 three billion three
hundred and six million two hundred and forty thousand Rupiah per five years, excluding VAT 10 ten percent,
2. Service charge shall be Rp.30,000.00 thirty thousand Rupiah per square meter or Rp.23,616,000.00 twenty three million six hundred and sixteen thousand
Rupiah per month or Rp.283,392,000.00 two hundred and eighty three million three hundred and ninety two thousand Rupiah per year or Rp.1,416,960,000.00
one billion four hundred sixteen million nine hundred and sixty thousand Rupiah per five years, excluding VAT 10 ten percent,
3. Payment for lease price and service charge from Lessor to Lessee shall commence no later than 1 May 2009 or after expiration of grace period, whereas
such payment shall be made in advance for 2.5 two and a half -year lease period from 1 December 2008 until 30 June 2011;
Object of Agreement : 1 floor of Building with area of 787.2 square meters located at Jalan Kebayoran Lama
No, 155, West Jakarta Purpose of Agreement
: Place of Business Term
: 5 five years since 1 December 2008 to 30 November 2013
3. Lease Agreement dated 1 February 2010 privately-drawn with sufficient stamp duty by and between
PT Wintermarjaya Lestari as Lessor and PSV as Lessee, with the following terms and conditions:
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Object of Agreement : 1 floor of Building with approximate area of 30 square meters
Purpose of Agreement : Place of Business
Term : 5 five years since 1 February 2010 to 31 January 2015
Lease Price : 1. Lease price shall be Rp.70,000 seventy thousand Rupiah per square meter or
Rp.2,100,000.00 two million one hundred thousand Rupiah per month or Rp.25,200,000.00 twenty five million two hundred thousand Rupiah per year or
Rp.126,000,000.00 one hundred and twenty six million Rupiah per five years, excluding VAT 10 ten percent;
2. Service charge shall be Rp.30,000.00 thirty thousand Rupiah per square meter or Rp.900,000.00 nine hundred thousand rupiah per month or Rp.10,800,000.00
ten million eight hundred thousand Rupiah per year or Rp.54,000,000.00 fifty four million Rupiah per five years, excluding VAT 10 ten percent.
4. Lease Agreement dated 2 January 2009 privately-drawn with sufficient stamp duty by and between PT Wintermarjaya Lestari as Lessor and Hammar as Lessee, with the following terms and conditions:
Object of Agreement : 1 floor of Building with approximate area of 20.50 square meters
Purpose of Agreement : Place of Business
Term : 5 years as of 1 January 2009 until 31 December 2014
Lease Price : 1. Lease price shall be Rp.70,000 seventy thousand Rupiah per square meter or
Rp.1,435,000.00 one million four hundred and thirty five thousand Rupiah per month or Rp.17,220,000.00 seventeen million two hundred and twenty thousand
Rupiah per year or Rp.86,100,000.00 eighty six million one hundred thousand Rupiah per five years, excluding VAT 10 ten percent;
2. Service charge shall be Rp.30,000.00 thirty thousand Rupiah per square meter or Rp.615,000.00 six hundred fifteen thousand Rupiah per month or
Rp.7,380,000.00 seven million three hundred and eighty thousand Rupiah per year or Rp.36,900,000.00 thirty six million nine hundred thousand Rupiah per
five years, excluding VAT 10 ten percent, The nature of relationship between the Company with PT Wintermajaya Lestari is that PT Wintermajaya Lestari is an
affiliate of the Company.
D. Sale and Purchase Agreements
