116 112
d. Consumer Financing Agreement No.1040520356-PK-003 dated 19 June 2012, privately
arranged by and between PT BCA Finance as the ―Creditor‖ and PUL as ―Debtor‖, which stipulates the following terms and conditions:
Type of Facility
: Consumer Financing Facility
Purpose :
To provide funding for the purchase of a motor vehicle, i.e, Toyota New Fortuner 2.5 G AT Diesel
Period :
3 Years e.
Consumer Financing Agreement No.1040520356-PK-001 dated 21 May 2012, privately arranged by and between PT BCA Finance as the ―Creditor‖ and PUL as ―Debtor‖, which
stipulates the following terms and conditions: Type of Facility
: Consumer Financing Facility
Purpose :
To provide funding for the purchase of a motor vehicle, i.e, Mercedes Benz SLK 250 Sport AT
Period :
3 Years f.
Consumer Financing Agreement No.1040520356-PK-005 dated 28 February 2013, privately arranged by and between PT BCA Finance as the ―Creditor‖ and PUL as ―Debtor‖, which
stipulates the following terms and conditions: Type of Facility
: Consumer Financing Facility
Purpose :
To provide funding for the purchase of a motor vehicle, i.e, yaitu BMW 520i AT
Period :
3 Years
3. PT TOYOTA ASTRA FINANCIAL SERVICES
Consumer Financing Agreement No. 90244413 dated 28 April 2013, privately arranged by and between PT Toyota Astra Financial Services as the ―Creditor‖ and PUL as ―Debtor‖, which stipulates the following
terms and conditions:
Type of Facility :
Consumer Financing Facility Purpose
: To provide funding for the purchase of a motor vehicle,
i.e. Toyota AvanzaF 52 G MT Period
: 35 months
Material Agreements Between PUL and Other Third Parties
Agreement with Affiliated Party Charter Agreement No. 30AAMLGLX2014 dated 1 October 2014, privately arranged and duly stamped
by and between PT Adiraja Armada Maritim AAM as the Owner and PUL as the Charterer, which stipulates the following provisions:
Object of the Agreement :
That AAM agrees to rent a motorsteamturbin tanker named KM Success Altair XLII Ship to PUL;B
Period :
3 three years commencing on the signing of the agremeent, namely 1 October 2014 up to 1 October 2017;
Settlement of Disputes :
In the event of disputes or conflicts arising from this agreement, the Parties agree to settle the
disputesconflicts through the District Court of Central Jakarta and in accordance with the Indonesian Law.
Agreements with Unaffiliated Parties
Time Charter Agreement dated 12 May 2014, privately arranged by and between PT Putra Utama Line as the Ship Owner and PT Pertamina Persero as the Charterer, which stipulates the following terms and
conditions:
Objective of the Agreement : That the Ship Owner charters its ship to the Charterer
Basis of the Agreement : The Ship Owner charters to and the Charterer charters from,
the use and services of the ship for a certain period of time based on the terms and conditions set forth in this
agreement, including introduction Part I, Part II, Part III and the appendices herein.
117 112
113 Charter Period
: 1 one year commencing on the ship handover, with an option to extend for 6 six months and an additional extension
option for 6 six months.
14. Agreements with Affiliated Parties
1. Management Service Agreement dated 28 December 2012, which was last arranged privately and
duly stamped between PT Equator Maritime as the First Party and ABPL as the Second Party, with the following details:
Object of the Agreement :
That the First Party agrees to provide services in the form of management services, monitoring services and operational
services or other services to facilitate the operational management of the Second Party, and the Second Party
agrees to receive management services, monitoring services and operational services from the First Party.
Period :
5 five years commencing on 1 January 2013. Management Fee
: Rp 350,000,000.00 three hundred fifty million Rupiah per
month; Rights and Obligations
: Rights and Obligations of the First Party
1. Has the right to send invoices andor bills to the Second Party for the provision of services.
2. Has the obligation to provide management services andor monitoring services andor
operational services andor other services required by the Second Party to facilitate the
operation and management of the Second Party’s Company
Rights and Obligations of the Second Party: 1. Has the obligation to pay according to the invocies
andor bills received from the First Party. 2. With written notice to the First Party, has the right to
terminate the agreement before the end of the period.
Dispute Settlement :
In the event of disputes or conflicts arising from this agreement, the Parties agree to settle such
disputesconflicts amicable. In the event that amicable settlement cannot be reached, the Parties agree to settle
the disputesconflicts through the District Court of Central Jakarta.
2. Management Service Agreement dated 28 December 2012, which was last arranged privately and
duly stamped between PT Vektor Maritim as the First Party and ABPL as the Second Party, with the following details:
Object of the Agreement
: That the First Party agrees to provide services in the form of
management services, monitoring services and operational services or other services to facilitate the operational
management of the Second Party, and the Second Party agrees to receive management services, monitoring
services and operational services from the First Party.
Period :
5 five years commencing on 1 January 2013. Management Fee
: Rp 335,000,000.00 three hundred thirty five million Rupiah
per month; Rights and Obligations
: Rights and Obligations of the First Party
1. Has the right to send invoices andor bills to the Second Party for the provision of services.
2. Has the obligation to provide management services andor monitoring services andor
operational services andor other services required by the Second Party to facilitate the
operation and management of the Second Party’s Company
Rights and Obligations of the Second Party: 1. Has the obligation to pay according to the invocies
andor bills received from the First Party.