Any and all works and services for yard's

(hereinafter called the "Work") shall be undertaken and performed in accordance with the terms and

conditions contained in this Contract unless otherwise expressly agreed in writing by and between the Owner and the Yard in individual cases. Arrival of the ship at the Yard or commencement of the Work without such special agreement concluded by and between the Owner and the Yard shall be deemed that the terms and conditions of this Contract have been accepted by the Owner. In this Contract, besides the shipowner, the management or operating company concerned, the attending superintendent as authorized representative(s) and the master of the ship shall be called collectively the "Owner", and the yard as contractor shall be called the "Yard".

- 이하생략 -