{"id":"court_ctb_1930_13","court":"CTB","case_no":"22-50073","doc_number":1930,"sub_number":13,"doc_type":"EXHIBIT","filed_date":"2023-06-22","title":"Exhibit 13 Bongartz, Alex","summary_zh":null,"summary_en":null,"body_en":"#### **Exhibit 13**\n\n## **Bongartz, Alex**\n\n**From:** Bongartz, Alex **Subject:** RE: Lady May\n\n**Sent:** Thursday, May 25, 2023 5:07 PM **To:** 'Dirk Johnson'; **Cc:** Despins, Luc A. **Attachments:** IYBA\\_Purchase\\_and\\_Sale (Lady May).pdf; Lady May -- Addendum to Purchase and Sale Agreement for Brokerage Vessel(170684284\\_5).DOCX; Redline - PSA -- Conformed Copy of PSA.pdf; PSA -- Conformed Copy of PSA.docx\n\n![](_page_1_Picture_4.jpeg)\n\nFurther to Dirks' email below, please see attached:\n\n- (1) The standard‐form of purchase and sale agreement (the \"PSA\"), with the boxes on top of page 1 and Section 15 filled in (but otherwise not reflecting any modifications);\n- (2) The addendum to the PSA (the \"Addendum\"), which sets forth our modifications to the PSA; and\n- (3) A clean and redline of a conformed copy of the PSA, showing the modifications we made to the body of the PSA.\n\nWe created the redline of the conformed PSA to illustrate our modifications, and it is probably the most useful document to review. However, the operative documents would be standard‐form PSA together with the Addendum.\n\nAs Dirk mentioned in his email below, to the extent you intend to modify the form of PSA, please include a mark‐up of the agreement as part of your bid (such modifications, if any, will be evaluated in determining the highest and/or best offer).\n\nPlease contact me if you have any questions.\n\nBest regards,\n\nAlex\n\n## **G. Alexander Bongartz** | **Of Counsel** | **Financial Restructuring Group** Paul Hastings LLP | 200 Park Avenue, New York, NY 10166 | Direct: +1.212.318.6472 | M +1.212.318.6000 | Fax: +1.212.303.7072 | alexbongartz@paulhastings.com | www.paulhastings.com\n\n**From:** Dirk Johnson <DAJ@Edmiston.com> **Sent:** Wednesday, May 24, 2023 10:27 AM **To:**\n\n**Cc:** Despins, Luc A. <lucdespins@paulhastings.com>; Bongartz, Alex <alexbongartz@paulhastings.com> **Subject:** [EXT] Lady May\n\n## 29\n\n## **--- External Email ---**\n\n#### Dear ,\n\nOn behalf of trustee representing the Lady May in the chapter 11 cases currently pending in the District of Connecticut, we appreciate your previous offer and interest in the 46m 2014 Feadship Lady May. Due to the fact that the Lady May has received offers from several potential buyers, we are inviting all interested parties to present their best and final offer prior to**Tuesday, May 30th at 5:00 p.m. (EST)**. Such offers should be addressed to the trustee at lucdespins@paulhastings.com. In order to expedite the process, the terms of such offers should include the following:\n\n- Only offers with a purchase price in excess of \\$20,000,000 will be considered by the trustee;\n- Offers must be based on the trustee's form of purchase agreement (we will provide you with the form of agreement by end of day tomorrow, Thursday, May 25);\n\t- o To the extent you intend to modify such form of purchase agreement, please include a mark‐up of the agreement as part of your bid (such modifications, if any, will be evaluated in determining the highest and/or best offer);\n- The winning bid must provide for a 20% deposit, which deposit must be received within 48 hours after such bid has been selected as the winning bid;\n\t- o The 20% deposit will be forfeited if winning bidder fails to close on purchase of Lady May in accordance with terms of purchase agreement (to be clear, the purchase agreement will allow buyer to terminate the agreement if the survey reveals a defect affecting the operational integrity of the Lady May or her machinery or her systems or renders the Lady May unseaworthy);\n- The purchase agreement must be executed by June 9th;\n- Acceptance/rejection (based on results of survey) to occur by June 28th;\n\t- o In the event the winning bidder does not close on the purchase at the price set forth in the purchase agreement, the chapter 11 trustee may, at his option, purchase the survey from the buyer, at cost;\n- Closing to take place as soon as practical on or before July 20th; and\n- All offers are subject to bankruptcy court review and approval.\n\nThank you for your interest in Lady May. Please do hesitate to call me for questions.\n\nKind regards, Dirk Johnson Edmiston\n\n![](_page_2_Picture_18.jpeg)\n\n![](_page_3_Picture_0.jpeg)\n\n![](_page_3_Picture_1.jpeg)\n\nCYBER FRAUD WARNING – PLEASE DO NOT ACCEPT ANY NOTICE OF A CHANGE OF ACCOUNT DETAILS BY EMAIL WITHOUT FIRST CONFIRMING WITH US IN PERSON. EDMISTON WILL NOT ACCEPT RESPONSIBILITY FOR FUNDS TRANSFERRED TO THE INCORRECT ACCOUNT.\n\n**Legal Notice**\n\nThe information in this e‐mail is confidential and may be legally privileged. It is intended solely for the addressee. Access to this e‐mail by anyone else is unauthorised. If you are not the intended recipient, any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it is prohibited and may be unlawful. If you receive this email unintentionally please delete it and contact the sender immediately.\n\n![](_page_4_Picture_1.jpeg)\n\nInternational waters, off the coast of Rhode Island\n\n# **PURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL**\n\n| BUYER:                 | SELLER:<br>Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok |\n|------------------------|--------------------------------------------------------------------------------|\n| Address:               | Address:                                                                       |\n|                        |                                                                                |\n| Nationality:           | Nationality:                                                                   |\n| VESSEL\tNAME:           | MANUFACTURER:                                                                  |\n| Model:                 | Length Overall:                                                                |\n| Year:                  | c Doc\tor\tc Reg\tNo.:<br>Flag:                                                   |\n| Hull\tNo.:              | Engine\tDescription:                                                            |\n| Selling\tBroker:        | Listing\tBroker:                                                                |\n| IMPORTANT\tDATES        | PURCHASE\tPRICE                                                                 |\n| Offer\tDate:            | Purchase Price:                                                                |\n| Offer Expiration Date: | Less Deposit:                                                                  |\n| Accept/Reject\tDate:    | Less\tTrade\tAllowance\t(see\tAddendum):                                           |\n| Closing\tDate:          | Balance:                                                                       |\n\n29\n\n#### **Delivery Location:**\n\n *NOTE:* **If Vessel is to be moved to the Delivery Location, such location must** *be specified with precision. The mere listing of a port or city is insufficient.*\n\n#### **ADDITIONAL REGISTERED VESSELS INCLUDED \\_\\_\\_ Yes \\_\\_\\_ No** ✔\n\n1. **Agreement**. Buyer agrees to purchase, and Seller agrees to sell, all right, title and interest to and in the Vessel described above on the terms and conditions set forth in this Purchase and Sale Agreement (\"PSA\"). Capitalized terms used in this PSA refer to the corresponding terms in the table above unless otherwise defined herein. The \"Effective Date\" of this PSA is the date on which is has been signed by both parties. \"Vessel\" also includes all gear, machinery, equipment, furniture, fuel, consumables, and all registered or unregistered tenders, toys, articles and appurtenances on board the Vessel and/or included on the Vessel's listing specification as of the date of this Agreement, except for items listed on the Exclusions List provided by the Seller or Listing Broker on the earlier of (a) five days from the Effective Date or (b) the Accept/Reject Date, which items are not included in the sale. Buyer will be deemed to have accepted the Exclusion List if it accepts the Vessel. Listing Broker and Selling Broker shall be referred to herein as the \"Brokers.\" If there is a Trade Allowance, the conditions of the trade-in will be governed by the attached Trade-In Vessel Addendum. If either party fails to sign this PSA and deliver it to the other party on or before the Offer Expiration Date, this PSA will be ineffective.\n\n2. **Deposit**. Within \\_\\_\\_\\_\\_\\_\\_ business days (3 business days if left blank) following Seller's signature of this PSA, Buyer shall pay the Deposit to the Selling Broker's account, as acknowledged below, as a deposit toward the Purchase Price to be held subject to the terms of this PSA. Seller may refuse to permit Buyer to proceed with the trial run, survey and other inspections of the Vessel until the Deposit has cleared into the Selling Broker's escrow account.\n\n3. **Survey Option; Acceptance of Vessel; Conditions of Survey**. Buyer's obligation to purchase the Vessel is subject to Buyer's satisfaction, in Buyer's sole discretion, with a trial run and survey of the Vessel though Buyer may elect not to have the Vessel inspected. If inspected: (a) Buyer will select the surveyor, (b) the surveyor, and not the Brokers, will be the sole party responsible for any errors or omissions with respect to the survey, notwithstanding that the Brokers may have provided information to and assisted Buyer with hiring the surveyor, (c) *Seller shall make the Vessel available and Buyer shall complete the trial run and survey as soon as practicable*, (d) Seller shall pay all running expenses for, and assume the risks associated with, the trial run, and Buyer shall pay *all* costs of the survey, including associated costs, e.g., haul-out, dry dock, and subcontractors' charges, (e) Buyer and its surveyor will be solely responsible for determining the scope of the survey and the trial run to assess the Vessel's conformity with Buyer's requirements and (f) Buyer shall deliver written notice of rejection or acceptance of the Vessel to Seller or the Listing Broker on or before the Accept/Reject Date. *Whether or not Buyer has inspected the Vessel, Buyer will be deemed to have rejected the Vessel if it fails to give timely written notice of its acceptance***. Upon Buyer's acceptance of the Vessel, Seller will not make any use of the Vessel pending Closing (defined in Paragraph 4) except to move the Vessel to the Delivery Location**. If Buyer\n\nBuyer's Initials: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nPage 1 of 4 ©2020 International Yacht Brokers Association. All rights reserved.\n\n Seller's Initials: \\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nRev.3.10.20\n\n*This form was prepared for the exclusive use and benefit of the members of the IYBA. The parties and Brokers hereby release the IYBA from any liability for damages resulting from or related to its use. The IYBA expressly disclaims any and all warranties, including merchantability and fitness for a particular purpose, related to the use of this form.*\n\n# Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 6 of\n\nrejects or is deemed to reject the Vessel, after all expenses incurred on Buyer's behalf have been paid, (i) the Selling Broker shall return the Deposit to Buyer, (ii) this PSA will terminate, and (iii) the parties and the Brokers will be released from any further liability hereunder. The Brokers will not be responsible for the cost to correct any defects or deficiencies noted during the trial run and survey. 29\n\n4. **Closing**. The transfer of Vessel's ownership (\"Closing\") will occur on the Closing Date at the Delivery Location simultaneously with payment of all funds due from the Buyer and delivery of originals of all other documents necessary for transfer of good and marketable titleto Buyer. If the Vessel must move to the Delivery Location, Seller should not deliver Vessel to the Closing Location unless funds have been paid in full or are being held subject to an escrow conditioned only upon delivery of the Vessel to the Delivery Location and release of title documents to the Buyer. Closing may be facilitated by overnight courier or electronic means. Seller shall deliver the Vessel (as defined in Paragraph 1) to Buyer at the Delivery Location except for fuel consumed during the trial run and any voyage to the Delivery Location. On or before the Closing Date, Seller must deliver to the Selling Broker all documents necessary to transfer title to the Vessel (and all other items hereby required to be delivered) to Buyer. At Closing, Buyer shall pay the Balance to Seller (subject to Paragraph 6) and/or to the Selling Broker for onward transfer to Seller by wire transfer. Any funds Seller owes to (i) the Brokers for the commission, storage, insurance, repairs and/or other items or (ii) the holder of any other Encumbrance, will be deducted from the amount due Seller by the Selling Broker prior to disbursement of funds to Seller, which hereby irrevocably instructs any Deposit holder to pay the Commission from the Deposit to the Brokers pursuant to the terms hereof.\n\n5. Brokers. The parties acknowledge that the Selling Broker and Listing Broker are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same brokerage, the parties consent to that Broker acting as a dual-agent in this transaction, i.e., representing both Buyer and Seller, and the Broker may disclose to both parties facts known to the Broker materially affecting the Vessel's value or desirability; provided, however, that in such instance the Broker shall not, without Seller's consent, disclose to Buyer that Seller is willing to sell the Vessel for an amount less than the asking price or, without Buyer's consent, disclose to Seller that Buyer is willing to pay a price greater than the offering price. If the Listing Broker and the Selling Broker are different, the Listing Broker will represent Seller only and owe no duties, fiduciary or otherwise, to Buyer, and the Selling Broker will represent Buyer only and owe no duties, fiduciary or otherwise, to Seller (though paid by Seller). The Brokers are obligated to perform only the duties expressly set forth herein and no implied duties or obligations may be read into this PSA. Seller shall be solely responsible for payment of commission due to the Brokers in connection with the sale of the Vessel as set forth herein. Each party represents and warrants to the other that he has not employed or dealt with any other broker, agent or finder in carrying out the negotiations relating to the sale of the Vessel to Buyer and acknowledges that the Brokers are third-party beneficiaries to this PSA.\n\n6. **Seller's Representations; Requirements for Closing**. Seller represents and warrants that it will transfer to Buyer good and marketable title to the Vessel, free and clear of all debts, claims, maritime or common law liens, security interests, encumbrances, excise taxes, and any other applicable taxes, customs' duties, or tariffs due to any state, country, regulatory and/or taxing authority of any kind whatsoever (collectively, \"Encumbrances\"). No less than two (2) business days before Closing, Seller shall deliver to Buyer (a) satisfactory evidence of title, (b) proof of payment or removal of all Encumbrances (except for those encumbrances that will be paid in full at closing), (c) a guaranty and indemnification from Seller guaranteeing Seller's representations and warranties in this Paragraph 6, (d) if Seller is a legal entity, a personal guaranty and indemnification from Seller's beneficial owner(s) guaranteeing Seller's representations and warranties in this Paragraph 6, and (e) copies of any other documents necessary for transfer of good and marketable title to Buyer. Seller shall pay any cost associated with, and shall cooperate fully to obtain, any authorization for sale required from any governing authority. Any party which is a legal entity will provide to the other prior to Closing (i) proof that it is in good standing under the laws of the State or other jurisdiction under which the entity has been formed, (ii) a consent action or resolution demonstrating the entity's duly authorized decision to purchase or sell the Vessel as well as the authority of the individual delivering or accepting the Vessel and/or executing this PSA and/or purchase and sales documents,(iii) a power of attorney demonstrating the authority of the individual delivering or accepting the Vessel and (iv) as to Seller, its wire transfer information.\n\n7. **Risk of Loss;** *Force Majeure***.** Seller will bear the risk of loss of or damage to the Vessel prior to Closing. If the Vessel is damaged subsequent to Buyer's acceptance and the necessary repairs will cost less than five percent (5%) of the Purchase Price and require fewer than 30 days to complete, then (a) Seller must repair the damage prior to Closing in accordance with sound marine practices to the standard of the Vessel immediately prior to the damage and Buyer may inspect such repair, (b) Buyer must pay the Balance and take delivery of the Vessel as repaired, and (c) the Closing Date will be extended by the length of the repair period. If the Vessel is damaged to a greater extent subsequent to Buyer's acceptance, either party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel. Either party's obligation to perform will be suspended to the extent required to accommodate unforeseeable events beyond that party's reasonable control (\"*Force Majeure* Events\"), including, without limitation, acts of God, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication line failures, computer viruses, power failures, accidents, tropical storms, hurricanes, earthquakes, or other natural disasters. If a *Force Majeure* Event occurs, the time periods referred to in this PSA, including, without limitation, the Closing Date, will be deemed extended by the time necessary to permit the affected party to perform in accordance with this PSA; provided, however, if the *Force Majeure* Event delays the Closing Date for a period of at more than 30 days, either party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel.\n\n8. **Default**. *Notwithstanding anything herein to the contrary, if the Deposit is not paid when due* or Closing is not consummated due to Buyer's non-performance, including, without limitation, failure to pay the Balance or execute all documents necessary for completion of the\n\nBuyer's Initials: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n Seller's Initials: \\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n# Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 7 of\n\npurchase by the Closing Date: (i) the Deposit shall be retained by (or if the Deposit was not paid, Buyer shall pay a like amount to) Seller and the Brokers as liquidated and agreed damages, as consideration for the execution of this PSA, in full settlement of all claims between the parties, (ii) the Selling Broker shall return to Buyer any other funds received from Buyer, and (iii) the parties will be relieved of all obligations under this PSA. Buyer and Seller agree that the Deposit will be applied first to payment of any unpaid costs or expenses that Buyer or Broker incurred against the Vessel and then divided fifty percent (50%) to the Seller and fifty percent (50%) to the Brokers, which the Brokers shall divide in the same proportions as the commission would have been divided had a sale been consummated. If the Closing is not consummated due to Seller's non-performance, the Deposit, and any other money paid or deposited by Buyer, pursuant to this PSA will be returned to Buyer upon demand or Buyer will have the right of specific performance. Seller agrees that specific performance is reasonable in light of the uniqueness of the Vessel, difficulty of proof of loss, and the inconvenience or impossibility of otherwise obtaining an adequate remedy. On Seller's default, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed. 29\n\n9. **Sales and Use Taxes**. Sales or use taxes payable on Buyer's purchase of the Vessel, if applicable, are Buyer's responsibility, and Buyer shall pay the taxes due to the Selling Broker at Closing. Buyer hereby indemnifies and holds harmless Seller and the Brokers against and from any sales or use taxes for which Buyer is responsible.\n\n10. **REPRESENTATIONS AND WARRANTIES**. SELLER AND THE BROKERS BELIEVE THAT ANY INFORMATION ANY OF THEM HAS PROVIDED ON THE VESSEL IS GOOD AND CORRECT AND OFFER THE INFORMATION IN GOOD FAITH, BUT DO NOT AND CANNOT GUARANTEE THE ACCURACY OF SUCH INFORMATION. BUYER WARRANTS AND REPRESENTS, AS OF THE TIME OF CLOSING, THAT IT (A) WILL HAVE FULLY INSPECTED AND MADE A TRIAL RUN OF THE VESSEL (OR HAVE VOLUNTARILY WAIVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTISEMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS, OR REPRESENTATIONS (WHETHER ORAL OR WRITTEN, PRIOR TO OR CONTEMPORANEOUS WITH THIS PSA) PROVIDED BY THE SELLER OR BROKERS. UPON CLOSING, BUYER WILL BE DEEMED TO HAVE ACCEPTED THE VESSEL IN ITS *\"AS IS\"* CONDITION. SELLER AND THE BROKERS HAVE GIVEN NO WARRANTY, EITHER EXPRESSED OR IMPLIED, AND MAKE NO REPRESENTATION AS TO THE CONDITION OF THE VESSEL, ITS FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY, *ALL OF WHICH ARE DISCLAIMED***.**\n\n11. **Financing**. Buyer's obligations are not contingent upon Buyer's obtaining financing. Buyer represents that it will arrange financing, if necessary. Buyer and Seller acknowledge that the Brokers have made no representations or warranties with respect to Buyer's ability to obtain financing, Buyer's qualifications to obtain any type of mortgage on the Vessel, or Buyer's ability to document or register the Vessel in any jurisdiction.\n\n12. **Counterparts**. The parties may sign this PSA in any number of identical counterparts, each of which will be deemed an original (including signatures evidenced via facsimile, email or other electronic means) as if the signatures were upon the same instrument.\n\n13. **Binding Effect; Contemporaneous Contracts; Future Sales**. This PSA is binding on all parties, their heirs, personal representatives and/or assigns. Seller shall not sell the Vessel or enter into any contract for the sale of the Vessel while this PSA is in effect. If a sale is not consummated in accordance with the terms of this PSA, and Buyer and Seller enter into a contract between themselves for the sale of the Vessel, whether directly or through an entity under a party's ownership or control, within two years after this PSA is terminated, Seller agrees to pay the Brokers an amount identical to the commission the Brokers would have received had the transaction contemplated under this PSA closed.\n\n14. **Escrowed Funds**. The parties acknowledge that (a) the Selling Broker will not be responsible for the Deposit until the funds have cleared into the Selling Broker's account, (b) the Selling Broker shall hold the Deposit in escrow once the funds have cleared and any other funds received by either Broker from any party will be held in trust for that party, (c) the Selling Broker may retain the commission due the Brokers prior to disbursement of the Deposit or Balance to Seller, and (d) in any dispute involving any funds held by the Brokers, Buyer and Seller will indemnify the Brokers for legal fees and costs relating in any way to the dispute, including those incurred in any appeals (which obligation is secured by a lien on the escrowed funds) and those relating to a claim for a commission, except as to a Broker found, in a final non-appealable judgment, to have engaged in willful misconduct or acted with gross negligence.\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n#### 15. **Additional Terms**. \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nSee Addendum.\n\n16. **Miscellaneous**. This PSA, including its exhibits and schedules, is the *entire agreement* between the parties pertaining to the subject matter hereof and *supersedes* all prior and contemporaneous negotiations, agreements, representations, warranties, and understandings pertaining thereto, be they in writing, oral, or otherwise. If a Broker becomes a party to any litigation involving this PSA, the Broker shall be reimbursed for their costs and attorney's fees, at all pretrial, trial and appellate levels, by the party or parties found to have breached this PSA. In the event of any dispute between the parties hereto arising out of the subject matter of this PSA, the prevailing party (including the Brokers) shall be entitled to recover reasonable expenses, attorney's fees and costs for all pretrial, trial and appellate proceedings. If any term, condition, or provision of this PSA is held to be unenforceable for any reason, it shall be interpreted to achieve the intent of the parties to this PSA to the extent possible rather than avoided. In any event, all other terms, conditions and provisions of this PSA shall be deemed valid and enforceable. There are no other duties, obligations, liabilities, or warranties, implied or otherwise, except as set forth herein. This PSA may not be amended or modified, except in writing, signed by Buyer and Seller. Notice and delivery given by or to the attorney or Broker representing any party shall be as effective as if given by or to that party. All notices must be in writing and may be made by personal delivery, overnight courier, facsimile, email, or other electronic means, and shall be effective upon delivery with proof of delivery retained. Buyer may assign this PSA to\n\nBuyer's Initials: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n Seller's Initials: \\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n## Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 8 of\n\nany member(s) of Buyer's immediate family or any entity owned or controlled by Buyer and/or any member(s) of his immediate family. Otherwise, neither party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld. No claim or right arising out of this PSA can be waived or discharged by one party, in whole or in part, unless in writing, nor shall any waiver be applicable except in the specific instance for which it is given. Paragraph headings are informational and included only for convenience. 29\n\n**17. Governing Law and Dispute Resolution**. **Check (a), (b) or (c). If none checked, (a) will apply.** Any dispute involving this Agreement will be resolved: **(a)** [\\_\\_] in the courts located in the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Florida, if left blank), **(b)** [\\_\\_] by binding arbitration in the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Florida, if left blank), **(c)** [\\_\\_] by binding arbitration in London, England. *If (a) or (b) is selected*: (i) this Agreement will be governed by and interpreted according to the law of the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Florida, if left blank) regardless of its principles of conflicts-oflaws and (ii) the proceedings will be conducted in the county of the main office of the Selling Broker, or if the Selling Broker has no office in Florida, in \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Fort Lauderdale, Florida, if no other city indicated). *If (b) is selected*, the Commercial Arbitration Rules of the American Arbitration Association (\"AAA\") in force when the arbitration is commenced will apply unless the following rules apply: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_. If the amount in controvery including counterclaims is not more than USD \\$1,000,000.00, the parties shall jointly select a single arbitrator from the list of arbitrators maintained by the International Yacht Brokers Association (\"IYBA\") within twenty (20) days of the giving of notice of arbitration. If the parties are unable to agree upon the arbitrator, the IYBA shall have the power to make the appointment of the single arbitrator. If the amount in controversy is greater, the parties shall each appoint one arbitrator and the two arbitrators will jointly appoint a third arbitrator. If they cannot agree on the third arbitrator within 14 days, either party may request that the IYBA appoint the third arbitrator from the list of arbitrators maintained by the IYBA. The decision of the single arbitrator, or if a three abitrator panel, any two of them will be final and binding on the parties. An action may be brought in any court of competent jurisdiction to enforce any arbitral award or compel arbitration. If (c) is selected: (i) this Agreement will be governed by and interpreted in accordance with English law regardless of its principles of conflicts-of-laws, (ii) the parties irrevocably agree that any dispute arising out of or in connection with this Agreement shall be referred to arbitration in London in accordance with the Arbitration Act 1996 or any statutory modification or re-enactment thereof save to the extent necessary to give effect to the provisions of this Paragraph, (iii) the arbitration shall be conducted in accordance with the rules of London Maritime Arbitrators Association (\"LMAA\") current when the arbitration is commenced, (iv) if the amount in dispute (including counterclaims) is less than USD\\$100,000, its Small Claims Procedure will apply, while if greater than or equal to USD\\$100,000 and less than USD\\$400,000, its Intermediate Claims Procedure will apply. Whatever option is selected, the parties irrevocably submit to the exclusive jurisdiction of such court or arbitral forum, waive any objection they now or hereafter may have to venue or convenience of forum, agree that all claims relating to the proceeding will be decided only in such court or arbitral forum and, further, not to bring any claim relating to this Agreement in any other court or arbitral forum. The parties, having had the opportunity to seek legal counsel, waive trial by jury for claims arising under this Agreement, whether against each other or any Broker.\n\n| BUYER:<br>_____________________________________                       | SELLER:<br>_____________________________________ |\n|-----------------------------------------------------------------------|--------------------------------------------------|\n| Print:\t________________________________                               | Print:\t________________________________          |\n| Title:\t________________________________                               | Title:\t________________________________          |\n| Date:\t________________________________                                | Date:\t________________________________           |\n| SELLING\tBROKER\t\tDEPOSIT\tCONFIRMATION\t\t(Subject\tto\tclearance\tof\tfunds) |                                                  |\n| Print:\t_______________________________                                | Amount:\t____________________________             |\n| Title:\t_______________________________                                | Date:\t_______________________________            |\n|                                                                       |                                                  |\n|                                                                       |                                                  |\n|                                                                       |                                                  |\n|                                                                       | Seller's Initials: _________                     |\n\nPage 4 of 4 ©2020 International Yacht Brokers Association. All rights reserved.\n\nRev. 3.10.20\n\n*This form was prepared for the exclusive use and benefit of the members of the IYBA. The parties and Brokers hereby release the IYBA from any liability for damages resulting from or related to its use. The IYBA expressly disclaims any and all warranties, including merchantability and fitness for a particular purpose, related to the use of this form.*\n\n#### **Addendum to Purchase and Sale Agreement for Brokerage Vessel, executed on [-----], 2023, Between (i) Luc A. Despins, as the Chapter 11 Trustee for the Estate of Ho Wan Kwok and (ii) [------------] (the \"Addendum\")**\n\nCapitalized terms used but not defined herein have the meanings set forth in the Purchase and Sale Agreement for Brokerage Vessel, executed on [-------], 2023, with respect to the Lady May (the \"PSA\"). For the avoidance of doubt, any reference to the PSA (whether in this PSA or the Addendum) shall be to the PSA as modified by this Addendum.\n\n- 1. Luc A. Despins is party to the PSA solely in his capacity as the chapter 11 trustee for the estate of Ho Wan Kwok, and not in his personal capacity. Accordingly, no claim whatsoever may be asserted by Buyer against Mr. Luc A. Despins in his personal capacity or Paul Hastings LLP.\n- 2. The PSA and all terms in the PSA are subject to approval of the United States Bankruptcy Court for the District of Connecticut (the \"Bankruptcy Court\"), in which court the chapter 11 case of Ho Wan Kwok, Case No. 22-50073 (the \"Chapter 11 Case\"), is pending.\n- 3. Notwithstanding anything in the PSA to the contrary, the Bankruptcy Court shall have exclusive jurisdiction over any claim or dispute in respect of or arising out of the PSA, and the parties and the Brokers irrevocably submit to the exclusive jurisdiction of the Bankruptcy Court, waive any objection they now or hereafter may have to venue or convenience of forum, agree that all claims relating to the PSA will be decided in such court, and, further, not to bring any claim relating to the PSA in any other court. For the avoidance of doubt, all provisions in Section 17 of the PSA regarding the arbitration of any dispute involving the PSA are hereby deleted.\n- 4. Notwithstanding anything in the PSA to the contrary, the PSA is governed by and interpreted according to the law of the State of New York regardless of its principles of conflicts-of-laws.\n- 5. The fourth and fifth sentences in Section 1 of the PSA are hereby modified as follows:\n\n\"Vessel\" also includes all gear, machinery, equipment, furniture, fuel, consumables, and all registered or unregistered tenders, toys, articles and appurtenances on board the Vessel and/or included on the Vessel's listing specification as of the date of this **PSA. There will be no Exclusions List.**Agreement, except for items listed on the Exclusions List provided by the Seller or Listing Broker on the earlier of (a) five days from the Effective Date or (b) the Accept/Reject Date, which items are not included in the sale. Buyer will be deemed to have accepted the Exclusion List if it accepts the Vessel. **For the avoidance of doubt, the Lady May II is not included as part of the sale of the Vessel pursuant to this PSA.**\n\n6. The eighth sentence in Section 1 of the PSA is hereby modified as follows:\n\n**There shall be no** If there is a Trade Allowance **in connection with the sale of the Vessel pursuant to this PSA**, the conditions of the trade-in will be governed by the attached Trade-In Vessel Addendum.\n\n7. Section 2 of the PSA is hereby modified as follows:\n\nWithin \\_\\_\\_\\_\\_ business days (3 business days if left blank)) following Seller's signature of this PSA,**On [-----], 2023,** Buyer **paid**shall pay the Deposit to the **Seller's**Selling Broker's account, as acknowledged below, as a deposit toward the Purchase Price to be held **in escrow**  subject to the terms of this PSA. Seller may refuse to permit Buyer to proceed with the trial run, survey and other inspection of the Vessel until the Deposit has cleared into the **Seller's**Selling Broker's escrow account.\n\n8. Section 3 of the PSA is hereby modified as follows:\n\nBuyer's obligation to purchase the Vessel is subject to Buyer's satisfaction, in Buyer's sole discretion, with a trial run and survey of the Vessel though Buyer may elect not to have the Vessel inspected**; provided, however, that Buyer may only reject the Vessel if the surveyor (who shall be a duly qualified marine surveyor whose dayto-day business is occupied with surveying of vessels of a similar quality to and value of the Vessel) certifies in writing that it discovered defects that affect the operational integrity of the Vessel or her machinery or her systems or renders the Vessel unseaworthy. For the avoidance of doubt, Buyer may not reject the Vessel on any other grounds.** If **the Buyer decides to have a survey conducted**inspected: (a) Buyer will select the surveyor, (b) the surveyor, and not the Brokers, will be the sole party responsible for any errors or omissions with respect to the survey, notwithstanding that the Brokers may have provided information to and assisted Buyer with hiring the surveyor, (c) Seller shall make the Vessel available and Buyer shall complete the trial run and survey as soon as practicable**, such that the survey is completed prior to the Accept/Reject Date**, (d) Seller shall pay all running expenses for, and assume the risks associated with, the trial run, and Buyer shall pay all costs of the survey, including associated costs, e.g., haul-out, dry dock, and subcontractors' charges, (e) Buyer and its surveyor will be solely responsible for determining the scope of the survey and the trial run to assess the Vessel's conformity with Buyer's requirements and (f) Buyer shall deliver written notice of rejection or acceptance of the Vessel to Seller or the Listing Broker on or before the Accept/Reject Date. Whether or not Buyer has inspected the Vessel, Buyer will be deemed to have **accepted**rejected the Vessel if it fails to give timely written notice of its **rejection**acceptance **in accordance with this PSA**. Upon Buyer's acceptance of the Vessel, Seller will not make any use of the Vessel pending Closing (defined in\n\nParagraph 4) except to move the Vessel to the Delivery Location. If Buyer rejects or is deemed to reject the Vessel **in accordance with this PSA and is not otherwise in breach of this PSA**, after all expenses incurred on Buyer's behalf have been paid, (i) the **Seller**Selling Broker shall return the Deposit to Buyer, (ii) this PSA will terminate, and (iii) the parties and the Brokers will be released from any further liability hereunder. The Brokers will not be responsible for the cost to correct any defects or deficiencies noted during the trial run and survey.\n\n9. The sixth sentence in Section 4 of the PSA is hereby modified as follows:\n\nAt Closing, Buyer shall pay the Balance to Seller (subject to Paragraph 6) **and the Deposit shall be released to Seller, subject to the deduction in the immediately following sentence**and/or to the Selling Broker for onward transfer to Seller by wire transfer. Any funds Seller owes to (i) the Brokers for the commission, storage, insurance, repairs and/or other items **(which are subject to approval of the Bankruptcy Court)**or (ii) the holder of any other Encumbrance, will be deducted from the amount due Seller by the Selling Broker prior to disbursement of funds to Seller, which hereby irrevocably instructs any Deposit holder to pay the Commission from the Deposit to the Brokers pursuant to the terms hereof**Deposit and paid to the Brokers prior to the release of the Deposit to Seller. For the avoidance of doubt, the order of the Bankruptcy Court approving the sale of the Vessel to Buyer shall provide that the Vessel is being sold free and clear of any Encumbrances, with any Encumbrances attaching to the proceeds of the sale.**\n\n10. The second sentence of Section 5 of the PSA is hereby modified as follows:\n\nIf the Listing Broker and the Selling Broker are the same brokerage, the parties consent to that Broker acting as a dual-agent in this transaction, i.e., representing both Buyer and Seller, and the Broker may disclose to both parties facts known to the Broker materially affecting the Vessel's value or desirability; provided, however, that in such instance **(a)** the Broker shall not, without Seller's consent, disclose to Buyer that Seller is willing to sell the Vessel for an amount less than the asking price **and (b) the Broker have no duties to the Buyer in connection with the sale of the Vessel**or, without Buyer's consent, disclose to Seller that Buyer is willing to pay a price greater than the offering price.\n\n11. The second sentence of Section 6 of the PSA is hereby modified as follows:\n\nNo less than two (2) business days before Closing, Seller shall deliver to Buyer (a) satisfactory evidence of title, (b) proof of payment or removal of all Encumbrances (except for those encumbrances that will be paid in full at closing)**, which proof may be the order entered by the**\n\n**Bankruptcy Court approving the sale of the Vessel (and which order shall provide that the Vessel is being sold to Buyer free and clear of any Encumbrances)**, (c) a guaranty and indemnification from Seller guaranteeing Seller's representations and warranties in this Paragraph 6, (d) if Seller is a legal entity, a personal guaranty and indemnification from Seller's beneficial owner(s) guaranteeing Seller's representations and warranties in this Paragraph 6, and (**c**e) copies of any other documents necessary for transfer of good and marketable title to Buyer.\n\n12. The second and third sentences of Section 7 of the PSA are hereby modified as follows:\n\nIf the Vessel is damaged subsequent to Buyer's acceptance and the necessary repairs will cost less than five percent (5%) of the Purchase Price and require fewer than 30 days to complete, then**, at the Seller's option,** (a) Seller **may**must repair the damage prior to Closing in accordance with sound marine practices to the standard of the Vessel immediately prior to the damage and Buyer may inspect such repair, **in which case** (**a**b) Buyer **shall**must pay the Balance and take delivery of the Vessel as repaired, and (**b**c) the Closing Date will be extended by the length of the repair period. If the Vessel is damaged to a greater extent subsequent to Buyer's acceptance **or Seller does not exercise the option in the foregoing sentence**, either party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel.\n\n13. Section 8 of the PSA is hereby modified as follows:\n\nNotwithstanding anything herein to the contrary, if the Deposit is not paid when due or Closing is not consummated due to Buyer's nonperformance, including, without limitation, failure to pay the Balance or execute all documents necessary for completion of the purchase by the Closing Date: (i) the Deposit shall be retained by (or if the Deposit was not paid, Buyer shall pay a like amount to) Seller and the Brokers as liquidated and agreed damages, as consideration for the execution of this PSA, in full settlement of all claims between the parties, (ii) the Selling Broker shall return to Buyer any other funds received from Buyer, and (iii) the parties will be relieved of all obligations under this PSA**, provided, however, that in the event that, after the Bankruptcy Court has approved this PSA, the Closing is not consummated due to Buyer's non-performance, Seller shall pay to the Listing Broker an amount equal to \\$200,000 out of the Deposit, which amount shall count against, and reduce, any commission that the Listing Broker may earn (in accordance with its engagement letter with Seller) if a sale of the Vessel is consummated with a different buyer**. Buyer and Seller agree that the Deposit will be applied first to payment of any unpaid costs or expenses that Buyer or Broker incurred against the Vessel and then divided fifty percent (50%) to the Seller and fifty percent (50%) to the Brokers, which the Brokers shall divide in the same proportions as the commission would have been divided had a sale been consummated. If the Closing is not consummated due to Seller's nonperformance **(which, for the avoidance of doubt, shall not include the Bankruptcy Court declining to approve this PSA)**, the Deposit, and any other money paid or deposited by Buyer, pursuant to this PSA**,** will be returned to Buyer upon demand or Buyer will have the right of specific performance. Seller agrees that specific performance is reasonable in light of the uniqueness of the Vessel, difficulty of proof of loss, and the inconvenience or impossibility of otherwise obtaining an adequate remedy. **If Closing is not consummated due to Seller's nonperformance**On Seller's default, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed**; provided, however, that the Bankruptcy Court declining to approve this PSA shall not constitute non-performance on the part of Seller. In the event the Bankruptcy Court does not approve this PSA, this PSA shall be deemed terminated with the same consequences as if Buyer had rejected the Vessel in accordance with this PSA. Notwithstanding anything in this PSA to the contrary, if the Closing is not consummated for any reason (including (a) due to the Buyer's non-performance of its obligations under this PSA, (b) the Bankruptcy Court does not approve this PSA, or (c) the Buyer rejects the Vessel in accordance with this PSA), Seller shall have the option to purchase the survey from Buyer at cost and, if the Seller exercises this option, Buyer shall provide the complete survey to Seller immediately upon payment of the cost of such survey.**\n\n14. The first sentence of Section 9 of the PSA are hereby modified as follows:\n\nSales or use taxes payable on Buyer's purchase of the Vessel, if applicable, are Buyer's responsibility, and Buyer shall pay the taxes due to the **Trustee**Selling Broker at Closing.\n\n15. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\n**Buyer represents and warrants that it has sufficient cash and/or financing to fund the Purchase Price at Closing. Buyer also represents and warrants that it is not affiliated with or related to Ho Wan Kwok and/or is not acting on behalf of or at the behest of Ho Wan Kwok.**\n\n16. Section 14 of the PSA are hereby modified as follows:\n\nThe parties acknowledge that (a) the **Seller**Selling Broker will not be responsible for the Deposit until the funds have cleared into the **Seller's**Selling Broker's account, (b) the **Seller**Selling Broker shall hold the Deposit in escrow once the funds have cleared and any other funds received by either Broker from any party will be held in trust for that\n\nparty, (c) the **Seller**Selling Broker **shall pay, in accordance with this PSA,**may retain the commission due the Brokers prior to **the release**disbursement of the Deposit or Balance to Seller, and (d) in any dispute involving any funds held by the Brokers, Buyer and Seller will indemnify the Brokers for legal fees and costs relating in any way to the dispute, including those incurred in any appeals (which obligation is secured by a lien on the escrowed funds) and those relating to a claim for a commission, except as to a Broker found, in a final non-appealable judgment **of the Bankruptcy Court**, to have engaged in willful misconduct or acted with gross negligence.\n\n17. The second and third sentences of Section 16 of the PSA are hereby modified as follows:\n\nIf a Broker becomes a party to any litigation involving this PSA, the Broker shall be reimbursed for their reasonable costs and attorney's fees, at all pretrial, trial and appellate levels, by the party or parties found to have breached this PSA**, unless such Broker is found, in a final nonappealable judgment of the Bankruptcy Court, to have engaged in willful misconduct or acted with gross negligence**. In the event of any dispute between the parties hereto arising out of the subject matter of this PSA, the prevailing party (including the Brokers) shall been titled to recover reasonable expenses, attorney's fees and costs for all pretrial, trial and appellate proceedings**, unless such prevailing party is found, in a final non-appealable judgment of the Bankruptcy Court, to have engaged in willful misconduct or acted with gross negligence**.\n\n18. The ninth and tenth sentences of Section 16 of the PSA are hereby modified as follows:\n\nBuyer may assign this PSA to any member(s) of Buyer's immediate family or any entity owned or controlled by Buyer and/or any member(s) of his immediate family. Otherwise, n**N**either party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld.\n\n#### **Seller**\n\nBy: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nName: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok\n\nDate:\n\n**Buyer**\n\nBy: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n#### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 15 of 29\n\nName: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nTitle: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nDate: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n#### **Standalone Provisions from Addendum:**\n\n- 1. Luc A. Despins is party to the PSA solely in his capacity as the chapter 11 trustee for the estate of Ho Wan Kwok, and not in his personal capacity. Accordingly, no claim whatsoever may be asserted by Buyer against Mr. Luc A. Despins in his personal capacity or Paul Hastings LLP.\n- 2. The PSA and all terms in the PSA are subject to approval of the United States Bankruptcy Court for the District of Connecticut (the \"Bankruptcy Court\"), in which court the chapter 11 case of Ho Wan Kwok, Case No. 22-50073 (the \"Chapter 11 Case\"), is pending.\n- 3. Notwithstanding anything in the PSA to the contrary, the Bankruptcy Court shall have exclusive jurisdiction over any claim or dispute in respect of or arising out of the PSA, and the parties and the Brokers irrevocably submit to the exclusive jurisdiction of the Bankruptcy Court, waive any objection they now or hereafter may have to venue or convenience of forum, agree that all claims relating to the PSA will be decided in such court, and, further, not to bring any claim relating to the PSA in any other court. For the avoidance of doubt, all provisions in Section 17 of the PSA regarding the arbitration of any dispute involving the PSA are hereby deleted.\n- 4. Notwithstanding anything in the PSA to the contrary, the PSA is governed by and interpreted according to the law of the State of New York regardless of its principles of conflicts-of-laws.\n\n\\*\\*\\*\\*\\*\n\n## **Conformed Version of PSA**\n\n1. **Agreement**. Buyer agrees to purchase, and Seller agrees to sell, all right, title and interest to and in the Vessel described above on the terms and conditions set forth in this Purchase and Sale Agreement (\"PSA\"). Capitalized terms used in this PSA refer to the corresponding terms in the table above unless otherwise defined herein. The \"Effective Date\" of this PSA is the date on which is has been signed by both parties. \"Vessel\" also includes all gear, machinery, equipment, furniture, fuel, consumables, and all registered or unregistered tenders, toys, articles and appurtenances on board the Vessel and/or included on the Vessel's listing specification as of the date of this PSA. There will be no Exclusions List. For the avoidance of doubt, the Lady May II is not included as part of the sale of the Vessel pursuant to this PSA. Listing Broker and Selling Broker shall be referred to herein as the \"Brokers.\" There shall be no Trade Allowance in connection with the sale of the Vessel pursuant to this PSA. If either party fails to sign this PSA and deliver it to the other party on or before the Offer Expiration Date, this PSA will be ineffective.\n\n2. **Deposit**. On [\\_\\_\\_\\_], 2023, Buyer paid the Deposit to the Seller's account, as acknowledged below, as a deposit toward the Purchase Price to be held in escrow subject to the terms of this PSA. Seller may refuse to permit Buyer to proceed with the trial run, survey and other inspections of the Vessel until the Deposit has cleared into the Seller's escrow account.\n\n3. **Survey Option; Acceptance of Vessel; Conditions of Survey**. Buyer's obligation to purchase the Vessel is subject to Buyer's satisfaction with a trial run and survey of the Vessel though Buyer may elect not to have the Vessel inspected; provided, however, that Buyer may only reject the Vessel if the surveyor (who shall be a duly qualified marine surveyor whose dayto-day business is occupied with surveying of vessels of a similar quality to and value of the Vessel) certifies in writing that it discovered defects that affect the operational integrity of the Vessel or her machinery or her systems or renders the Vessel unseaworthy. For the avoidance of doubt, Buyer may not reject the Vessel on any other grounds. If the Buyer decides to have a survey conducted: (a) Buyer will select the surveyor, (b) the surveyor, and not the Brokers, will be the sole party responsible for any errors or omissions with respect to the survey, notwithstanding that the Brokers may have provided information to and assisted Buyer with hiring the surveyor, (c) Seller shall make the Vessel available and Buyer shall complete the trial run and survey as soon as practicable, such that the survey is completed prior to the Accept/Reject Date, (d) Seller shall pay all running expenses for, and assume the risks associated with, the trial run, and Buyer shall pay all costs of the survey, including associated costs, e.g., haul-out, dry dock, and subcontractors' charges, (e) Buyer and its surveyor will be solely responsible for determining the scope of the survey and the trial run to assess the Vessel's conformity with Buyer's requirements and (f) Buyer shall deliver written notice of rejection or acceptance of the Vessel to Seller or the Listing Broker on or before the Accept/Reject Date. Whether or not Buyer has inspected the Vessel, Buyer will be deemed to have accepted the Vessel if it fails to give timely written notice of its rejection in accordance with this PSA. Upon Buyer's acceptance of the Vessel, Seller will not make any use of the Vessel pending Closing (defined in Paragraph 4) except to move the Vessel to the Delivery Location. If Buyer rejects or is deemed to reject the Vessel in accordance with this PSA and is not otherwise in breach of this PSA, (i) the Seller shall return the Deposit to Buyer, (ii) this PSA will terminate, and (iii) the parties and the Brokers will be released from any further liability hereunder. The Brokers will not be responsible for the cost to correct any defects or deficiencies noted during the trial run and survey.\n\n4. **Closing**. The transfer of Vessel's ownership (\"Closing\") will occur on the Closing Date at the Delivery Location simultaneously with payment of all funds due from the Buyer and delivery of originals of all other documents necessary for transfer of good and marketable title to Buyer. If the Vessel must move to the Delivery Location, Seller should not deliver Vessel to the Closing Location unless funds have been paid in full or are being held subject to an escrow conditioned only upon delivery of the Vessel to the Delivery Location and release of title documents to the Buyer. Closing may be facilitated by overnight courier or electronic means. Seller shall deliver the Vessel (as defined in Paragraph 1) to Buyer at the Delivery Location except for fuel consumed during the trial run and any voyage to the Delivery Location. On or before the Closing Date, Seller must deliver to the Selling Broker all documents necessary to transfer title to the Vessel (and all other items hereby required to be delivered) to Buyer. At Closing, Buyer shall pay the Balance to Seller (subject to Paragraph 6) and the Deposit shall be released to Seller, subject to the deduction in the immediately following sentence. Any funds Seller owes to the Brokers for the commission, storage, insurance, repairs and/or other items (which are subject to approval of the Bankruptcy Court) will be deducted from the Deposit and paid to the Brokers prior to the release of the Deposit to Seller. For the avoidance of doubt, the order of the Bankruptcy Court approving the sale of the Vessel to Buyer shall provide that the\n\nVessel is being sold free and clear of any Encumbrances, with any Encumbrances attaching to the proceeds of the sale.\n\n5. **Brokers**. The parties acknowledge that the Selling Broker and Listing Broker are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same brokerage, the parties consent to that Broker acting as a dual-agent in this transaction, i.e., representing both Buyer and Seller; provided, however, that in such instance (a) the Broker shall not, without Seller's consent, disclose to Buyer that Seller is willing to sell the Vessel for an amount less than the asking price and (b) the Broker shall have no duties to the Buyer in connection with the sale of the Vessel. If the Listing Broker and the Selling Broker are different, the Listing Broker will represent Seller only and owe no duties, fiduciary or otherwise, to Buyer, and the Selling Broker will represent Buyer only and owe no duties, fiduciary or otherwise, to Seller (though paid by Seller). The Brokers are obligated to perform only the duties expressly set forth herein and no implied duties or obligations may be read into this PSA. Seller shall be solely responsible for payment of commission due to the Brokers in connection with the sale of the Vessel as set forth herein. Each party represents and warrants to the other that he has not employed or dealt with any other broker, agent or finder in carrying out the negotiations relating to the sale of the Vessel to Buyer and acknowledges that the Brokers are third-party beneficiaries to this PSA.\n\n6. **Seller's Representations; Requirements for Closing**. Seller represents and warrants that it will transfer to Buyer good and marketable title to the Vessel, free and clear of all debts, claims, maritime or common law liens, security interests, encumbrances, excise taxes, and any other applicable taxes, customs' duties, or tariffs due to any state, country, regulatory and/or taxing authority of any kind whatsoever (collectively, \"Encumbrances\"). No less than two (2) business days before Closing, Seller shall deliver to Buyer (a) satisfactory evidence of title, (b) proof of payment or removal of all Encumbrances (except for those encumbrances that will be paid in full at closing), which proof may be the order entered by the Bankruptcy Court approving the sale of the Vessel (and which order shall provide that the Vessel is being sold to Buyer free and clear of any Encumbrances), and (c) copies of any other documents necessary for transfer of good and marketable title to Buyer. Seller shall pay any cost associated with, and shall cooperate fully to obtain, any authorization for sale required from any governing authority. Any party which is a legal entity will provide to the other prior to Closing (i) proof that it is in good standing under the laws of the State or other jurisdiction under which the entity has been formed, (ii) a consent action or resolution demonstrating the entity's duly authorized decision to purchase or sell the Vessel as well as the authority of the individual delivering or accepting the Vessel and/or executing this PSA and/or purchase and sales documents, (iii) a power of attorney demonstrating the authority of the individual delivering or accepting the Vessel and (iv) as to Seller, its wire transfer information.\n\n7. **Risk of Loss; Force Majeure**. Seller will bear the risk of loss of or damage to the Vessel prior to Closing. If the Vessel is damaged subsequent to Buyer's acceptance and the necessary repairs will cost less than five percent (5%) of the Purchase Price and require fewer than 30 days to complete, then, at the Seller's option, Seller may repair the damage prior to Closing in accordance with sound marine practices to the standard of the Vessel immediately prior to the damage and Buyer may inspect such repair, in which case, (a) Buyer shall pay the Balance and take delivery of the Vessel as repaired and (b) the Closing Date will be extended by the length of\n\nthe repair period. If the Vessel is damaged to a greater extent subsequent to Buyer's acceptance or Seller does not exercise the option in the foregoing sentence, either party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel. Either party's obligation to perform will be suspended to the extent required to accommodate unforeseeable events beyond that party's reasonable control (\"Force Majeure Events\"), including, without limitation, acts of God, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication line failures, computer viruses, power failures, accidents, tropical storms, hurricanes, earthquakes, or other natural disasters. If a Force Majeure Event occurs, the time periods referred to in this PSA, including, without limitation, the Closing Date, will be deemed extended by the time necessary to permit the affected party to perform in accordance with this PSA; provided, however, if the Force Majeure Event delays the Closing Date for a period of at more than 30 days, either party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel.\n\n8. **Default**. Notwithstanding anything herein to the contrary, if Closing is not consummated due to Buyer's non-performance, including, without limitation, failure to pay the Balance or execute all documents necessary for completion of the purchase by the Closing Date: (i) the Deposit shall be retained by Seller as liquidated and agreed damages, as consideration for the execution of this PSA, in full settlement of all claims between the parties, (ii) the Selling Broker shall return to Buyer any other funds received from Buyer, and (iii) the parties will be relieved of all obligations under this PSA; provided, however, that in the event that, after the Bankruptcy Court has approved this PSA, the Closing is not consummated due to Buyer's non-performance, Seller shall pay to the Listing Broker an amount equal to \\$200,000 out of the Deposit, which amount shall count against, and reduce, any commission that the Listing Broker may earn (in accordance with its engagement letter with Seller) if a sale of the Vessel is consummated with a different buyer. If the Closing is not consummated due to Seller's non-performance (which, for the avoidance of doubt, shall not include the Bankruptcy Court declining to approve this PSA), the Deposit, and any other money paid or deposited by Buyer pursuant to this PSA, will be returned to Buyer upon demand. If Closing is not consummated due to Seller's non-performance, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed; provided, however, that the Bankruptcy Court declining to approve this PSA shall not constitute non-performance on the part of Seller. In the event the Bankruptcy Court does not approve this PSA, this PSA shall be deemed terminated with the same consequences as if Buyer had rejected the Vessel. Notwithstanding anything in this PSA to the contrary, if the Closing is not consummated for any reason (including (a) due to the Buyer's non-performance of its obligations under this PSA, (b) the Bankruptcy Court does not approve this PSA, or (c) the Buyer rejects the Vessel in accordance with this PSA), Seller shall have the option to purchase the survey from Buyer at cost and, if the Seller exercises this option, Buyer shall provide the complete survey to Seller immediately upon payment of the cost of such survey.\n\n9. **Sales and Use Taxes**. Sales or use taxes payable on Buyer's purchase of the Vessel, if applicable, are Buyer's responsibility, and Buyer shall pay the taxes due to the Trustee at Closing. Buyer hereby indemnifies and holds harmless Seller and the Brokers against and from any sales or use taxes for which Buyer is responsible.\n\n10. **REPRESENTATIONS AND WARRANTIES**. SELLER AND THE BROKERS BELIEVE THAT ANY INFORMATION ANY OF THEM HAS PROVIDED ONTHE VESSEL IS GOOD AND CORRECT AND OFFER THE INFORMATION IN GOOD FAITH, BUT DO\n\nNOT AND CANNOT GUARANTEE THE ACCURACYOF SUCH INFORMATION. BUYER WARRANTS AND REPRESENTS, AS OF THE TIME OF CLOSING, THAT IT (A) WILL HAVE FULLY INSPECTED AND MADE A TRIAL RUN OF THE VESSEL (OR HAVE VOLUNTARILY WAIVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTISEMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS, OR REPRESENTATIONS (WHETHER ORAL OR WRITTEN, PRIOR TO OR CONTEMPORANEOUS WITHTHIS PSA) PROVIDED BY THE SELLER OR BROKERS. UPON CLOSING, BUYER WILL BE DEEMED TO HAVE ACCEPTED THE VESSEL IN ITS \"AS IS\" CONDITION. SELLER AND THE BROKERS HAVE GIVEN NO WARRANTY, EITHER EXPRESSED OR IMPLIED, AND MAKE NO REPRESENTATION AS TOTHE CONDITION OF THE VESSEL, ITS FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY, ALL OF WHICH ARE DISCLAIMED.\n\n11. **Financing**. Buyer's obligations are not contingent upon Buyer's obtaining financing. Buyer represents that it will arrange financing, if necessary. Buyer represents and warrants that it has sufficient cash and/or financing available to fund the Purchase Price at Closing. Buyer also represents and warrants that it is not affiliated with or related to Ho Wan Kwok and/or is not acting on behalf of or at the behest of Ho Wan Kwok. Buyer and Seller acknowledge that the Brokers have made no representations or warranties with respect to Buyer's ability to obtain financing, Buyer's qualifications to obtain any type of mortgage on the Vessel, or Buyer's ability to document or register the Vessel in any jurisdiction.\n\n12. **Counterparts**. The parties may sign this PSA in any number of identical counterparts, each of which will be deemed an original (including signatures evidenced via facsimile, email or other electronic means) as if the signatures were upon the same instrument.\n\n13. **Binding Effect; Contemporaneous Contracts; Future Sales**. This PSA is binding on all parties, their heirs, personal representatives and/or assigns. Seller shall not sell the Vessel or enter into any contract for the sale of the Vessel while this PSA is in effect. If a sale is not consummated in accordance with the terms of this PSA, and Buyer and Seller enter into a contract between themselves for the sale of the Vessel, whether directly or through an entity under a party's ownership or control, within two years after this PSA is terminated, Seller agrees to pay the Brokers an amount identical to the commission the Brokers would have received had the transaction contemplated under this PSA closed.\n\n14. **Escrowed Funds**. The parties acknowledge that (a) the Seller will not be responsible for the Deposit until the funds have cleared into the Seller's account, (b) the Seller shall hold the Deposit in escrow once the funds have cleared and any other funds received by either Broker from any party will be held in trust for that party, (c) the Seller shall pay, in accordance with this PSA, the commission due the Brokers prior to the release of the Deposit to Seller, and (d) in any dispute involving any funds held by the Brokers, Buyer and Seller will indemnify the Brokers for legal fees and costs relating in any way to the dispute, including those incurred in any appeals (which obligation is secured by a lien on the escrowed funds) and those relating to a claim for a commission, except as to a Broker found, in a final non-appealable judgment of the Bankruptcy Court, to have engaged in willful misconduct or acted with gross negligence.\n\n15. **Additional Terms**. See Addendum attached hereto.\n\n16. **Miscellaneous**. This PSA, including its exhibits and schedules, is the entire agreement between the parties pertaining to the subject matter hereof and supersedes all prior and contemporaneous negotiations, agreements, representations, warranties, and understandings pertaining thereto, be they in writing, oral, or otherwise. If a Broker becomes a party to any litigation involving this PSA, the Broker shall be reimbursed for their reasonable costs and attorney's fees, at all pretrial, trial and appellate levels, by the party or parties found to have breached this PSA, unless such Broker is found, in a final non-appealable judgment of the Bankruptcy Court to have engaged in willful misconduct or acted with gross negligence. In the event of any dispute between the parties hereto arising out of the subject matter of this PSA, the prevailing party (including the Brokers) shall been titled to recover reasonable expenses, attorney's fees and costs for all pretrial, trial and appellate proceedings, unless such prevailing party is found, in a final non-appealable judgment of the Bankruptcy Court, to have engaged in willful misconduct or acted with gross negligence. If any term, condition, or provision of this PSA is held to be unenforceable for any reason, it shall be interpreted to achieve the intent of the parties to this PSA to the extent possible rather than avoided. In any event, all other terms, conditions and provisions of this PSA shall be deemed valid and enforceable. There are no other duties, obligations, liabilities, or warranties, implied or otherwise, except as set forth herein. This PSA may not be amended or modified, except in writing, signed by Buyer and Seller. Notice and delivery given by or to the attorney or Broker representing any party shall be as effective as if given by or to that party. All notices must be in writing and may be made by personal delivery, overnight courier, facsimile, email, or other electronic means, and shall be effective upon delivery with proof of delivery retained. Neither party may assign this PSA without the other party's consent. No claim or right arising out of this PSA can be waived or discharged by one party, in whole or in part, unless in writing, nor shall any waiver be applicable except in the specific instance for which it is given. Paragraph headings are informational and included only for convenience.\n\n17. **Governing Law and Dispute Resolution**. The parties, having had the opportunity to seek legal counsel, waive trial by jury for claims arising under this PSA, whether against each other or any Broker.\n\n#### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 22 of 29\n\n#### **Standalone Provisions from Addendum:**\n\n- 1. Luc A. Despins is party to the PSA solely in his capacity as the chapter 11 trustee for the estate of Ho Wan Kwok, and not in his personal capacity. Accordingly, no claim whatsoever may be asserted by Buyer against Mr. Luc A. Despins in his personal capacity or Paul Hastings LLP.\n- 2. The PSA and all terms in the PSA are subject to approval of the United States Bankruptcy Court for the District of Connecticut (the \"Bankruptcy Court\"), in which court the chapter 11 case of Ho Wan Kwok, Case No. 22-50073 (the \"Chapter 11 Case\"), is pending.\n- 3. Notwithstanding anything in the PSA to the contrary, the Bankruptcy Court shall have exclusive jurisdiction over any claim or dispute in respect of or arising out of the PSA, and the parties and the Brokers irrevocably submit to the exclusive jurisdiction of the Bankruptcy Court, waive any objection they now or hereafter may have to venue or convenience of forum, agree that all claims relating to the PSA will be decided in such court, and, further, not to bring any claim relating to the PSA in any other court. For the avoidance of doubt, all provisions in Section 17 of the PSA regarding the arbitration of any dispute involving the PSA are hereby deleted.\n- 4. Notwithstanding anything in the PSA to the contrary, the PSA is governed by and interpreted according to the law of the State of New York regardless of its principles of conflicts-of-laws.\n\n# \\*\\*\\*\\*\\*\n\n## **Conformed Version of PSA**\n\n1. **Agreement**. Buyer agrees to purchase, and Seller agrees to sell, all right, title and interest to and in the Vessel described above on the terms and conditions set forth in this Purchase and Sale Agreement (\"PSA\"). Capitalized terms used in this PSA refer to the corresponding terms in the table above unless otherwise defined herein. The \"Effective Date\" of this PSA is the date on which is has been signed by both parties. \"Vessel\" also includes all gear, machinery, equipment, furniture, fuel, consumables, and all registered or unregistered tenders, toys, articles and appurtenances on board the Vessel and/or included on the Vessel's listing specification as of the date of this Agreement, except for items listed on the Exclusions List provided by the Seller or Listing Broker on the earlier of (a) five days from the Effective Date or (b) the Accept/Reject Date, which items arePSA. There will be no Exclusions List. For the avoidance of doubt, the Lady May II is not included inas part of the sale. Buyer will be deemed to have accepted the Exclusion List if it accepts of the Vessel pursuant to this PSA. Listing Broker and Selling Broker shall be referred to herein as the \"Brokers.\" If there is aThere shall be no Trade Allowance, the conditions of the trade-in will be governed by the attached Trade-In Vessel Addendum in connection with the sale of the Vessel pursuant to this PSA. If either party fails to sign this PSA and deliver it to the other party on or before the Offer Expiration Date, this PSA will be ineffective.\n\n2. **Deposit**. Within \\_\\_\\_\\_\\_\\_\\_ business days (3 business days if left blank) following Seller's signature of this PSAOn [\\_\\_\\_\\_], 2023, Buyer shall paypaid the Deposit to the Selling Broker'sSeller's account, as acknowledged below, as a deposit toward the Purchase Price to be held in escrow subject to the terms of this PSA. Seller may refuse to permit Buyer to proceed with the trial run, survey and other inspections of the Vessel until the Deposit has cleared into the Selling Broker'sSeller's escrow account.\n\n3. **Survey Option; Acceptance of Vessel; Conditions of Survey**. Buyer's obligation to purchase the Vessel is subject to Buyer's satisfaction, in Buyer's sole discretion, with a trial run and survey of the Vessel though Buyer may elect not to have the Vessel inspected. If inspected; provided, however, that Buyer may only reject the Vessel if the surveyor (who shall be a duly qualified marine surveyor whose day-to-day business is occupied with surveying of vessels of a similar quality to and value of the Vessel) certifies in writing that it discovered defects that affect the operational integrity of the Vessel or her machinery or her systems or renders the Vessel unseaworthy. For the avoidance of doubt, Buyer may not reject the Vessel on any other grounds. If the Buyer decides to have a survey conducted: (a) Buyer will select the surveyor, (b) the surveyor, and not the Brokers, will be the sole party responsible for any errors or omissions with respect to the survey, notwithstanding that the Brokers may have provided information to and assisted Buyer with hiring the surveyor, (c) Seller shall make the Vessel available and Buyer shall complete the trial run and survey as soon as practicable, such that the survey is completed prior to the Accept/Reject Date, (d) Seller shall pay all running expenses for, and assume the risks associated with, the trial run, and Buyer shall pay all costs of the survey, including associated costs, e.g., haul-out, dry dock, and subcontractors' charges, (e) Buyer and its surveyor will be solely responsible for determining the scope of the survey and the trial run to assess the Vessel's conformity with Buyer's requirements and (f) Buyer shall deliver written notice of rejection or acceptance of the Vessel to Seller or the Listing Broker on or before the Accept/Reject Date. Whether or not Buyer has inspected the Vessel, Buyer will be deemed to have rejectedaccepted the Vessel if it fails to give timely written notice of its acceptancerejection in accordance with this PSA. Upon Buyer's acceptance of the Vessel, Seller will not make any use of the Vessel pending Closing (defined in Paragraph 4) except to move the Vessel to the Delivery Location. If Buyer rejects or is deemed to reject the Vessel, after all expenses incurred on Buyer's behalf have been paid, (i) the Selling Broker in accordance with this PSA and is not otherwise in breach of this PSA, (i) the Seller shall return the Deposit to Buyer, (ii) this PSA will terminate, and (iii) the parties and the Brokers will be released from any further liability hereunder. The Brokers will not be responsible for the cost to correct any defects or deficiencies noted during the trial run and survey.\n\n4. **Closing**. The transfer of Vessel's ownership (\"Closing\") will occur on the Closing Date at the Delivery Location simultaneously with payment of all funds due from the Buyer and delivery of originals of all other documents necessary for transfer of good and marketable title to Buyer. If the Vessel must move to the Delivery Location, Seller should not deliver Vessel to the Closing Location unless funds have been paid in full or are being held subject to an escrow conditioned only upon delivery of the Vessel to the Delivery Location and release of title documents to the Buyer. Closing may be facilitated by overnight courier or electronic means. Seller shall deliver the Vessel (as defined in Paragraph 1) to Buyer at the Delivery Location except for fuel consumed during the trial run and any voyage to the Delivery Location. On or before the Closing Date, Seller must deliver to the Selling Broker all documents necessary to\n\ntransfer title to the Vessel (and all other items hereby required to be delivered) to Buyer. At Closing, Buyer shall pay the Balance to Seller (subject to Paragraph 6) and/or to the Selling Broker for onward transfer the Deposit shall be released to Seller by wire transfer, subject to the deduction in the immediately following sentence. Any funds Seller owes to (i) the Brokers for the commission, storage, insurance, repairs and/or other items or (ii) the holder of any other Encumbrance,which are subject to approval of the Bankruptcy Court) will be deducted from the amount due Seller by the Selling Broker prior to disbursement of funds to Seller, which hereby irrevocably instructs any Deposit holder to pay the Commission from the Deposit to the Brokers pursuant to the terms hereof.Deposit and paid to the Brokers prior to the release of the Deposit to Seller. For the avoidance of doubt, the order of the Bankruptcy Court approving the sale of the Vessel to Buyer shall provide that the Vessel is being sold free and clear of any Encumbrances, with any Encumbrances attaching to the proceeds of the sale.\n\n5. **Brokers**. The parties acknowledge that the Selling Broker and Listing Broker are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same brokerage, the parties consent to that Broker acting as a dual-agent in this transaction, i.e., representing both Buyer and Seller, and the Broker may disclose to both parties facts known to the Broker materially affecting the Vessel's value or desirability; provided, however, that in such instance (a) the Broker shall not, without Seller's consent, disclose to Buyer that Seller is willing to sell the Vessel for an amount less than the asking price or, without Buyer's consent, disclose to Seller that Buyer is willing to pay a price greater than the offering priceand (b) the Broker shall have no duties to the Buyer in connection with the sale of the Vessel. If the Listing Broker and the Selling Broker are different, the Listing Broker will represent Seller only and owe no duties, fiduciary or otherwise, to Buyer, and the Selling Broker will represent Buyer only and owe no duties, fiduciary or otherwise, to Seller (though paid by Seller). The Brokers are obligated to perform only the duties expressly set forth herein and no implied duties or obligations may be read into this PSA. Seller shall be solely responsible for payment of commission due to the Brokers in connection with the sale of the Vessel as set forth herein. Each party represents and warrants to the other that he has not employed or dealt with any other broker, agent or finder in carrying out the negotiations relating to the sale of the Vessel to Buyer and acknowledges that the Brokers are third-party beneficiaries to this PSA.\n\n6. **Seller's Representations; Requirements for Closing**. Seller represents and warrants that it will transfer to Buyer good and marketable title to the Vessel, free and clear of all debts, claims, maritime or common law liens, security interests, encumbrances, excise taxes, and any other applicable taxes, customs' duties, or tariffs due to any state, country, regulatory and/or taxing authority of any kind whatsoever (collectively, \"Encumbrances\"). No less than two (2) business days before Closing, Seller shall deliver to Buyer (a) satisfactory evidence of title, (b) proof of payment or removal of all Encumbrances (except for those encumbrances that will be paid in full at closing), (c) a guaranty and indemnification from Seller guaranteeing Seller's representations and warranties in this Paragraph 6, (d) if Seller is a legal entity, a personal guaranty and indemnification from Seller's beneficial owner(s) guaranteeing Seller's representations and warranties in this Paragraph 6which proof may be the order entered by the Bankruptcy Court approving the sale of the Vessel (and which order shall provide that the Vessel is being sold to Buyer free and clear of any Encumbrances), and (ec) copies of any other documents necessary for transfer of good and marketable title to Buyer. Seller shall pay any cost associated with, and shall cooperate fully to obtain, any authorization for sale required from any\n\ngoverning authority. Any party which is a legal entity will provide to the other prior to Closing (i) proof that it is in good standing under the laws of the State or other jurisdiction under which the entity has been formed, (ii) a consent action or resolution demonstrating the entity's duly authorized decision to purchase or sell the Vessel as well as the authority of the individual delivering or accepting the Vessel and/or executing this PSA and/or purchase and sales documents, (iii) a power of attorney demonstrating the authority of the individual delivering or accepting the Vessel and (iv) as to Seller, its wire transfer information.\n\n7. **Risk of Loss; Force Majeure**. Seller will bear the risk of loss of or damage to the Vessel prior to Closing. If the Vessel is damaged subsequent to Buyer's acceptance and the necessary repairs will cost less than five percent (5%) of the Purchase Price and require fewer than 30 days to complete, then (a), at the Seller's option, Seller mustmay repair the damage prior to Closing in accordance with sound marine practices to the standard of the Vessel immediately prior to the damage and Buyer may inspect such repair, in which case, (ba) Buyer mustshall pay the Balance and take delivery of the Vessel as repaired, and (cb) the Closing Date will be extended by the length of the repair period. If the Vessel is damaged to a greater extent subsequent to Buyer's acceptance or Seller does not exercise the option in the foregoing sentence, either party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel. Either party's obligation to perform will be suspended to the extent required to accommodate unforeseeable events beyond that party's reasonable control (\"Force Majeure Events\"), including, without limitation, acts of God, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication line failures, computer viruses, power failures, accidents, tropical storms, hurricanes, earthquakes, or other natural disasters. If a Force Majeure Event occurs, the time periods referred to in this PSA, including, without limitation, the Closing Date, will be deemed extended by the time necessary to permit the affected party to perform in accordance with this PSA; provided, however, if the Force Majeure Event delays the Closing Date for a period of at more than 30 days, either party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel.\n\n8. **Default**. Notwithstanding anything herein to the contrary, if the Deposit is not paid when due or Closing is not consummated due to Buyer's non-performance, including, without limitation, failure to pay the Balance or execute all documents necessary for completion of the purchase by the Closing Date: (i) the Deposit shall be retained by (or if the Deposit was not paid, Buyer shall pay a like amount to) Seller and the Brokers as liquidated and agreed damages, as consideration for the execution of this PSA, in full settlement of all claims between the parties, (ii) the Selling Broker shall return to Buyer any other funds received from Buyer, and (iii) the parties will be relieved of all obligations under this PSA. Buyer and Seller agree that the Deposit will be applied first to payment of any unpaid costs or expenses that Buyer or Broker incurred against the Vessel and then divided fifty percent (50%) to the Seller and fifty percent (50%) to the Brokers, which the Brokers shall divide in the same proportions as the commission would have been divided had a sale been; provided, however, that in the event that, after the Bankruptcy Court has approved this PSA, the Closing is not consummated due to Buyer's non-performance, Seller shall pay to the Listing Broker an amount equal to \\$200,000 out of the Deposit, which amount shall count against, and reduce, any commission that the Listing Broker may earn (in accordance with its engagement letter with Seller) if a sale of the Vessel is consummated with a different buyer. If the Closing is not consummated due to Seller's non-performance (which, for the avoidance of doubt, shall not include the Bankruptcy Court declining to approve this PSA),\n\nthe Deposit, and any other money paid or deposited by Buyer, pursuant to this PSA, will be returned to Buyer upon demand or Buyer will have the right of specific performance. Seller agrees that specific performance is reasonable in light of the uniqueness of the Vessel, difficulty of proof of loss, and the inconvenience or impossibility of otherwise obtaining an adequate remedy. On Seller's default. If Closing is not consummated due to Seller's non-performance, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed. ; provided, however, that the Bankruptcy Court declining to approve this PSA shall not constitute non-performance on the part of Seller. In the event the Bankruptcy Court does not approve this PSA, this PSA shall be deemed terminated with the same consequences as if Buyer had rejected the Vessel. Notwithstanding anything in this PSA to the contrary, if the Closing is not consummated for any reason (including (a) due to the Buyer's non-performance of its obligations under this PSA, (b) the Bankruptcy Court does not approve this PSA, or (c) the Buyer rejects the Vessel in accordance with this PSA), Seller shall have the option to purchase the survey from Buyer at cost and, if the Seller exercises this option, Buyer shall provide the complete survey to Seller immediately upon payment of the cost of such survey.\n\n9. **Sales and Use Taxes**. Sales or use taxes payable on Buyer's purchase of the Vessel, if applicable, are Buyer's responsibility, and Buyer shall pay the taxes due to the Selling BrokerTrustee at Closing. Buyer hereby indemnifies and holds harmless Seller and the Brokers against and from any sales or use taxes for which Buyer is responsible.\n\n10. **REPRESENTATIONS AND WARRANTIES**. SELLER AND THE BROKERS BELIEVE THAT ANY INFORMATION ANY OF THEM HAS PROVIDED ONTHE VESSEL IS GOOD AND CORRECT AND OFFER THE INFORMATION IN GOOD FAITH, BUT DO NOT AND CANNOT GUARANTEE THE ACCURACYOF SUCH INFORMATION. BUYER WARRANTS AND REPRESENTS, AS OF THE TIME OF CLOSING, THAT IT (A) WILL HAVE FULLY INSPECTED AND MADE A TRIAL RUN OF THE VESSEL (OR HAVE VOLUNTARILY WAIVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTISEMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS, OR REPRESENTATIONS (WHETHER ORAL OR WRITTEN, PRIOR TO OR CONTEMPORANEOUS WITHTHIS PSA) PROVIDED BY THE SELLER OR BROKERS. UPON CLOSING, BUYER WILL BE DEEMED TO HAVE ACCEPTED THE VESSEL IN ITS \"AS IS\" CONDITION. SELLER AND THE BROKERS HAVE GIVEN NO WARRANTY, EITHER EXPRESSED OR IMPLIED, AND MAKE NO REPRESENTATION AS TOTHE CONDITION OF THE VESSEL, ITS FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY, ALL OF WHICH ARE DISCLAIMED.\n\n11. **Financing**. Buyer's obligations are not contingent upon Buyer's obtaining financing. Buyer represents that it will arrange financing, if necessary. Buyer represents and warrants that it has sufficient cash and/or financing available to fund the Purchase Price at Closing. Buyer also represents and warrants that it is not affiliated with or related to Ho Wan Kwok and/or is not acting on behalf of or at the behest of Ho Wan Kwok. Buyer and Seller acknowledge that the Brokers have made no representations or warranties with respect to Buyer's ability to obtain financing, Buyer's qualifications to obtain any type of mortgage on the Vessel, or Buyer's ability to document or register the Vessel in any jurisdiction.\n\n12. **Counterparts**. The parties may sign this PSA in any number of identical counterparts, each of which will be deemed an original (including signatures evidenced via facsimile, email or other electronic means) as if the signatures were upon the same instrument.\n\n13. **Binding Effect; Contemporaneous Contracts; Future Sales**. This PSA is binding on all parties, their heirs, personal representatives and/or assigns. Seller shall not sell the Vessel or enter into any contract for the sale of the Vessel while this PSA is in effect. If a sale is not consummated in accordance with the terms of this PSA, and Buyer and Seller enter into a contract between themselves for the sale of the Vessel, whether directly or through an entity under a party's ownership or control, within two years after this PSA is terminated, Seller agrees to pay the Brokers an amount identical to the commission the Brokers would have received had the transaction contemplated under this PSA closed.\n\n14. **Escrowed Funds**. The parties acknowledge that (a) the Selling BrokerSeller will not be responsible for the Deposit until the funds have cleared into the Selling Broker'sSeller's account, (b) the Selling BrokerSeller shall hold the Deposit in escrow once the funds have cleared and any other funds received by either Broker from any party will be held in trust for that party, (c) the Selling Broker may retainSeller shall pay, in accordance with this PSA, the commission due the Brokers prior to disbursementthe release of the Deposit or Balance to Seller, and (d) in any dispute involving any funds held by the Brokers, Buyer and Seller will indemnify the Brokers for legal fees and costs relating in any way to the dispute, including those incurred in any appeals (which obligation is secured by a lien on the escrowed funds) and those relating to a claim for a commission, except as to a Broker found, in a final non-appealable judgment of the Bankruptcy Court, to have engaged in willful misconduct or acted with gross negligence.\n\n15. **Additional Terms**. \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_See Addendum attached hereto.\n\n16. **Miscellaneous**. This PSA, including its exhibits and schedules, is the entire agreement between the parties pertaining to the subject matter hereof and supersedes all prior and contemporaneous negotiations, agreements, representations, warranties, and understandings pertaining thereto, be they in writing, oral, or otherwise. If a Broker becomes a party to any litigation involving this PSA, the Broker shall be reimbursed for their reasonable costs and attorney's fees, at all pretrial, trial and appellate levels, by the party or parties found to have breached this PSA, unless such Broker is found, in a final non-appealable judgment of the Bankruptcy Court to have engaged in willful misconduct or acted with gross negligence. In the event of any dispute between the parties hereto arising out of the subject matter of this PSA, the prevailing party (including the Brokers) shall been titled to recover reasonable expenses, attorney's fees and costs for all pretrial, trial and appellate proceedings., unless such prevailing party is found, in a final non-appealable judgment of the Bankruptcy Court, to have engaged in willful misconduct or acted with gross negligence. If any term, condition, or provision of this PSA is held to be unenforceable for any reason, it shall be interpreted to achieve the intent of the parties to this PSA to the extent possible rather than avoided. In any event, all other terms, conditions and provisions of this PSA shall be deemed valid and enforceable. There are no other duties, obligations, liabilities, or warranties, implied or otherwise, except as set forth herein. This PSA may not be amended or modified, except in writing, signed by Buyer and Seller. Notice and delivery given by or to the attorney or Broker representing any party shall be as effective as if\n\ngiven by or to that party. All notices must be in writing and may be made by personal delivery, overnight courier, facsimile, email, or other electronic means, and shall be effective upon delivery with proof of delivery retained. Buyer may assign this PSA to any member(s) of Buyer's immediate family or any entity owned or controlled by Buyer and/or any member(s) of his immediate family. Otherwise, neitherNeither party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld. No claim or right arising out of this PSA can be waived or discharged by one party, in whole or in part, unless in writing, nor shall any waiver be applicable except in the specific instance for which it is given. Paragraph headings are informational and included only for convenience.\n\n17. **Governing Law and Dispute Resolution**. Check (a), (b) or (c). If none checked, (a) will apply. Any dispute involving this Agreement will be resolved: (a) [\\_\\_] in the courts located in the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Florida, if left blank), (b) [\\_\\_] by binding arbitration in the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Florida, if left blank), (c) [\\_\\_] by binding arbitration in London, England. If (a) or (b) is selected: (i) this Agreement will be governed by and interpreted according to the law of the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Florida, if left blank) regardless of its principles of conflicts-of-laws and (ii) the proceedings will be conducted in the county of the main office of the Selling Broker, or if the Selling Broker has no office in Florida, in \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Fort Lauderdale, Florida, if no other city indicated). If (b) is selected, the Commercial Arbitration Rules of the American Arbitration Association (\"AAA\") in force when the arbitration is commenced will apply unless the following rules apply: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_. If the amount in controversy including counterclaims is not more than USD\\$1,000,000.00, the parties shall jointly select a single arbitrator from the list of arbitrators maintained by the International Yacht Brokers Association (\"IYBA\") within twenty (20) days of the giving of notice of arbitration. If the parties are unable to agree upon the arbitrator, the IYBA shall have the power to make the appointment of the single arbitrator. If the amount in controversy is greater, the parties shall each appoint one arbitrator and the two arbitrators will jointly appoint a third arbitrator. If they cannot agree on the third arbitrator within 14 days, either party may request that the IYBA appoint the third arbitrator from the list of arbitrators maintained by the IYBA. The decision of the single arbitrator, or if a three arbitrator panel, any two of them will be final and binding on the parties. An action may be brought in any court of competent jurisdiction to enforce any arbitral award or compel arbitration. If (c) is selected: (i) this Agreement will be governed by and interpreted in accordance with English law regardless of its principles of conflicts-of-laws, (ii) the parties irrevocably agree that any dispute arising out of or in connection with this Agreement shall be referred to arbitration in London in accordance with the Arbitration Act 1996 or any statutory modification or re-enactment thereof save to the extent necessary to give effect to the provisions of this Paragraph, (iii) the arbitration shall be conducted in accordance with the rules of London Maritime Arbitrators Association (\"LMAA\") current when the arbitration is commenced, (iv) if the amount in dispute (including counterclaims) is less than USD\\$100,000, its Small Claims Procedure will apply, while if greater than or equal to USD\\$100,000 and less than USD\\$400,000, its Intermediate Claims Procedure will apply. Whatever option is selected, the parties irrevocably submit to the exclusive jurisdiction of such court or arbitral forum, waive any objection they now or hereafter may have to venue or convenience of forum, agree that all claims relating to the proceeding will be decided only in such court or arbitral forum and, further, not to bring any claim relating to this Agreement in any other court or arbitral forum. The parties,\n\nhaving had the opportunity to seek legal counsel, waive trial by jury for claims arising under this AgreementPSA, whether against each other or any Broker.","body_zh":"附件13\nBongartz, Alex（亚历克斯·邦加茨）\n\n发件人：Bongartz, Alex　主题：回复：Lady May\n\n发送时间：Thursday, May 25, 2023 5:07 PM　收件人：'Dirk Johnson（德克·约翰逊）'；抄送：Despins, Luc A.（吕克·A·德斯平斯）　附件：IYBA_Purchase_and_Sale (Lady May).pdf；Lady May -- Addendum to Purchase and Sale Agreement for Brokerage Vessel(170684284_5).DOCX；Redline - PSA -- Conformed Copy of PSA.pdf；PSA -- Conformed Copy of PSA.docx\n\n就Dirk下方的电子邮件，随附：\n\n（1）标准格式的购买和出售协议（“PSA”），其第1页顶部的方框及第15节已填写（但未反映任何其他修改）；\n（2）PSA的附录（“附录”），其中载明我们对PSA作出的修改；以及\n（3）PSA一致版本的清洁版和红线版，显示我们对PSA正文作出的修改。\n\n我们制作了该一致版本PSA的红线版，以说明我们作出的修改，其可能是最有用的审阅文件。然而，具有约束力的文件将是标准格式PSA及附录。\n\n如Dirk在其下方电子邮件中所述，如您拟修改PSA格式，请将该协议的标注版本作为您投标的一部分提交（如有，该等修改将在确定最高和/或最佳报价时予以评估）。\n\n如有任何问题，请与我联系。\n\n谨致问候，\n\nAlex\nG. Alexander Bongartz　顾问律师　Paul Hastings LLP（保罗·黑斯廷斯律师事务所）金融重组组　200 Park Avenue, New York, NY 10166　直线电话：+1.212.318.6472　手机：+1.212.318.6000　传真：+1.212.303.7072　alexbongartz@paulhastings.com　www.paulhastings.com\n\n发件人：Dirk Johnson <DAJ@Edmiston.com>　发送时间：Wednesday, May 24, 2023 10:27 AM　收件人：\n\n抄送：Despins, Luc A. <lucdespins@paulhastings.com>；Bongartz, Alex <alexbongartz@paulhastings.com>　主题：[外部] Lady May\n\n--- 外部电子邮件 ---\n尊敬的：\n\n代表目前在District of Connecticut（康涅狄格区）审理的第11章案件中代表Lady May的受托人，我们感谢您此前就46m 2014 Feadship Lady May提出的报价及所表示的兴趣。鉴于Lady May已收到数名潜在买家的报价，我们邀请所有感兴趣的各方在Tuesday, May 30th at 5:00 p.m. (EST)之前提交其最佳最终报价。该等报价应发送给受托人，地址为lucdespins@paulhastings.com。为加快程序，该等报价的条款应包括以下内容：\n\n只有购买价格超过$20,000,000的报价将由受托人考虑；\n报价必须基于受托人的购买协议格式（我们将于明天，即Thursday, May 25，营业结束前向您提供协议格式）；\n如您拟修改该购买协议格式，请将该协议的标注版本作为您投标的一部分提交（如有，该等修改将在确定最高和/或最佳报价时予以评估）；\n中标报价必须规定20%的定金，该定金必须在该报价被选定为中标报价后48小时内收到；\n如中标人未能按照购买协议条款完成对Lady May的购买，20%的定金将被没收（为明确起见，如勘验显示存在影响Lady May或其机械设备或其系统运行完整性的缺陷，或使Lady May不适航，购买协议将允许买方终止该协议）；\n购买协议必须于June 9th之前签署；\n接受/拒绝（基于勘验结果）须于June 28th之前作出；\n如中标人未能以购买协议所载价格完成购买，第11章受托人可自行选择按成本价向买方购买该勘验报告；\n交割应在实际可行的情况下尽快于July 20th当日或之前进行；以及\n所有报价均须经破产法院审查和批准。\n\n感谢您对Lady May的兴趣。如有问题，请随时致电我。\n\n谨致问候，Dirk Johnson　Edmiston（埃德米斯顿）\n\n网络诈骗警告——在未先与我们当面确认之前，请勿接受任何通过电子邮件发出的账户信息变更通知。EDMISTON对于转入错误账户的资金不承担责任。\n\n法律声明\n\n本电子邮件中的信息为保密信息，并可能受法律特权保护。其仅供收件人使用。任何其他人访问本电子邮件均未经授权。如您并非预定收件人，任何披露、复制、分发，或基于该邮件采取或未采取任何行动，均被禁止且可能违法。如您非故意收到本电子邮件，请将其删除并立即联系发件人。\n\n国际水域，罗德岛海岸外\n经纪船舶购买和出售协议\n\n买方：　卖方：\nLuc A. Despins（吕克·A·德斯平斯），作为Ho Wan Kwok（郭文贵）财产的第11章受托人\n\n地址：　地址：\n\n国籍：　国籍：\n船舶　名称：　制造商：\n型号：　总长度：\n年份：　c Doc　或　c Reg　编号：\n船旗：\n船体　编号：　发动机　说明：\n出售　经纪人：　挂牌　经纪人：\n重要　日期　购买　价格\n报价　日期：　购买价格：\n报价到期日：　减定金：\n接受/拒绝　日期：　减　以旧换新　折让（见　附录）：\n交割　日期：　余额：\n\n交付地点：\n\n注：如船舶将被移至交付地点，该地点必须准确明确。仅列出港口或城市不足以满足要求。\n包括的额外登记船舶　___ 是　___ 否 ✔\n\n1. 协议。买方同意购买，卖方同意出售上述船舶的一切权利、所有权及权益，且须遵守本购买和出售协议（“PSA”）所载条款和条件。本PSA中使用的首字母大写术语，除非本文另有定义，均指上表中的相应术语。本PSA的“生效日”是双方签署本协议之日。“船舶”还包括截至本协议日期位于船舶上和/或列入船舶挂牌规格中的所有属具、机械、设备、家具、燃料、消耗品，以及所有已登记或未登记的附属艇、玩具、物品及附属物，但卖方或挂牌经纪人于以下较早日期提供的排除清单所列物品除外：(a) 生效日起五日，或(b) 接受/拒绝日期；该等物品不包括在出售范围内。如买方接受船舶，即视为买方已接受排除清单。挂牌经纪人和出售经纪人在本文中统称为“经纪人”。如有以旧换新折让，以旧换新的条件应受所附《以旧换新船舶附录》管辖。如任何一方未能在报价到期日当日或之前签署本PSA并将其交付给另一方，本PSA将不生效。\n\n2. 定金。在卖方签署本PSA后_______个营业日内（如留空，则为3个营业日），买方应将定金支付至如下确认的出售经纪人账户，作为购买价格的定金，并根据本PSA条款持有。在定金已结算并存入出售经纪人的托管账户之前，卖方可拒绝允许买方进行船舶试航、勘验及其他检查。\n\n3. 勘验选择权；接受船舶；勘验条件。买方购买船舶的义务，以买方自行全权决定对船舶试航和勘验感到满意为条件，但买方可选择不对船舶进行检查。如进行检查：(a) 买方将选择勘验师，(b) 勘验师而非经纪人将是唯一对勘验中任何错误或遗漏负责的一方，尽管经纪人可能已向买方提供信息并协助买方聘请勘验师，(c) 卖方应提供船舶供检查，且买方应在实际可行的情况下尽快完成试航和勘验，(d) 卖方应支付试航的所有运行费用并承担与其相关的风险，买方应支付勘验的所有费用，包括相关费用，例如吊出、干船坞及分包商费用，(e) 买方及其勘验师应独自负责确定勘验和试航的范围，以评估船舶是否符合买方的要求，及(f) 买方应于接受/拒绝日期当日或之前，向卖方或挂牌经纪人递交书面的船舶拒绝或接受通知。无论买方是否已检查船舶，如其未能及时发出书面接受通知，即视为其已拒绝船舶。买方接受船舶后，除将船舶移至交付地点外，在交割（定义见第4段）前，卖方不得使用船舶。如买方\n\n买方姓名首字母：____________\n\n第1页，共4页　©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。\n\n卖方姓名首字母：____________\n\n修订版3.10.20\n\n本表格仅为IYBA成员的专属使用和利益而编制。双方和经纪人特此免除IYBA因使用本表格而产生或与之相关的任何损害赔偿责任。IYBA明确否认与使用本表格相关的任何及所有保证，包括适销性及适合特定用途的保证。\n案件22-50073　文件1930-13　提交日期06/22/23　登记日期06/22/23 18:40:24　第6页，共\n\n拒绝或被视为拒绝船舶，则在代表买方产生的所有费用均已支付后，(i) 出售经纪人应将定金返还买方，(ii) 本PSA将终止，且(iii) 双方和经纪人将免除其在本协议项下的任何进一步责任。经纪人不负责修正试航和勘验期间发现的任何瑕疵或缺陷所需的费用。29\n\n4. 交割。船舶所有权的转移（“交割”）应于交割日期在交付地点进行，同时支付买方应付的所有款项，并交付将良好且可转让的所有权转移给买方所需的所有其他文件原件。如船舶必须移至交付地点，除非款项已全额支付，或正根据仅以将船舶交付至交付地点及向买方交付所有权文件为条件的托管安排持有，否则卖方不应将船舶交付至交割地点。交割可通过隔夜快递或电子方式协助完成。卖方应在交付地点向买方交付船舶（定义见第1段），但试航期间及前往交付地点航程中消耗的燃料除外。于交割日期当日或之前，卖方必须向出售经纪人交付将船舶所有权（以及本文要求交付的所有其他物品）转移给买方所需的一切文件。交割时，买方应通过电汇向卖方（受第6段约束）和/或向出售经纪人支付余额，以便后者转交卖方。卖方欠付(i) 经纪人的佣金、仓储费、保险费、维修费和/或其他项目的任何款项，或(ii) 任何其他权利负担持有人的任何款项，应在出售经纪人向卖方支付资金之前，从出售经纪人应付卖方的金额中扣除；卖方特此不可撤销地指示任何定金持有人根据本协议条款从定金中向经纪人支付佣金。\n\n5. 经纪人。双方确认，成交经纪人和挂牌经纪人是促成签订本 PSA 的唯一经纪人。若挂牌经纪人和成交经纪人为同一家经纪公司，双方同意该经纪人在本交易中作为双方代理经纪人，即同时代表买方和卖方，该经纪人可向双方披露其所知的对船舶价值或受欢迎程度具有重大影响的事实；但在该等情况下，未经卖方同意，经纪人不得向买方披露卖方愿意以低于要价的金额出售船舶，亦未经买方同意，不得向卖方披露买方愿意支付高于报价的价格。若挂牌经纪人与成交经纪人不同，挂牌经纪人仅代表卖方，对买方不负有任何义务，无论是信义义务或其他义务；成交经纪人仅代表买方，对卖方不负有任何义务，无论是信义义务或其他义务（尽管其报酬由卖方支付）。经纪人仅有义务履行本协议明确规定的义务，不得将任何默示义务或责任解释为包含于本 PSA 中。卖方应独自负责支付本协议所规定的与船舶出售相关而应付给经纪人的佣金。各方均向另一方陈述并保证，其未在进行有关向买方出售船舶的谈判中聘用或与任何其他经纪人、代理人或介绍人交易，并确认经纪人为本 PSA 的第三方受益人。\n\n6. 卖方的陈述；交割要求。卖方陈述并保证，其将向买方转让船舶的完整且适销的所有权，该所有权不附带任何债务、索赔、海事或普通法留置权、担保权益、负担、消费税，以及应付给任何州、国家、任何种类的监管和/或税务机关的任何其他适用税款、关税或税则（统称“负担”）。不迟于交割前两个（2）营业日，卖方应向买方交付：(a) 令人满意的所有权证明，(b) 已支付或解除全部负担的证明（将在交割时全额支付的负担除外），(c) 卖方作出的保证及赔偿承诺，保证卖方在本第6款中的陈述和保证，(d) 如卖方为法人实体，则由卖方实益所有人作出的个人保证及赔偿承诺，保证卖方在本第6款中的陈述和保证，以及 (e) 向买方转让完整且适销的所有权所需的任何其他文件副本。卖方应支付与取得任何主管机关要求的出售授权相关的任何费用，并应充分合作以取得该等授权。任何一方如为法人实体，应于交割前向另一方提供：(i) 证明其根据该实体设立所在州或其他司法管辖区法律处于良好存续状态的证明，(ii) 同意行动或决议，证明该实体已适当授权决定购买或出售船舶，以及交付或接收船舶和/或签署本 PSA 和/或买卖文件的个人具有相应授权，(iii) 证明交付或接收船舶的个人具有相应授权的授权委托书，以及 (iv) 就卖方而言，其电汇信息。\n\n7. 损失风险；不可抗力。交割前，船舶灭失或损坏的风险由卖方承担。如买方接受船舶后船舶受损，且必要修理的费用低于购买价的百分之五（5%），并且完成修理所需时间少于30日，则：(a) 卖方必须在交割前依照合理的海事惯例，将损坏修复至紧接损坏发生前船舶的标准，且买方可检查该等修理，(b) 买方必须支付余额并接收经修理后的船舶，以及 (c) 交割日期将按修理期间相应延长。如买方接受船舶后船舶受损程度更为严重，任一方均可终止本 PSA，其后果与买方拒绝接受船舶时相同。任一方履行义务的责任，应在为适应超出该方合理控制范围的不可预见事件（“不可抗力事件”）所必需的范围内暂停，包括但不限于天灾、恐怖主义行为、罢工、停工、暴乱、战争行为、火灾、通信线路故障、计算机病毒、停电、事故、热带风暴、飓风、地震或其他自然灾害。如发生不可抗力事件，本 PSA 中提及的期间，包括但不限于交割日期，应视为延长为使受影响方得以依照本 PSA 履行义务所必需的时间；但如不可抗力事件使交割日期延误超过30日，任一方均可终止本 PSA，其后果与买方拒绝接受船舶时相同。\n\n8. 违约。尽管本协议有任何相反约定，如未按期支付定金，或因买方未履行义务而未完成交割，包括但不限于未支付余额或未于交割日期前签署完成下列事项所需的全部文件：\n\n买方首字母签名：____________\n\n卖方首字母签名：____________\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 7 of\n\n购买，则：(i) 定金应由卖方和经纪人保留（或如未支付定金，买方应向卖方和经纪人支付等额款项），作为约定的违约赔偿金，作为签署本 PSA 的对价，并作为双方之间所有索赔的完全和解，(ii) 成交经纪人应向买方返还其从买方收到的任何其他款项，以及 (iii) 双方应解除其在本 PSA 项下的全部义务。买方和卖方同意，定金应首先用于支付买方或经纪人就船舶产生的任何未付成本或费用，随后百分之五十（50%）分配给卖方，百分之五十（50%）分配给经纪人；经纪人应按如出售已完成时佣金本应分配的相同份额进行分配。如因卖方未履行义务而未完成交割，根据本 PSA 支付或存入的定金及买方支付的任何其他款项，应于买方要求时返还给买方，或买方有权请求实际履行。卖方同意，鉴于船舶的独特性、损失证明的困难，以及以其他方式取得充分救济的不便或不可能性，实际履行是合理的。卖方违约时，卖方应立即向经纪人支付如交易已完成本应支付的同等佣金。29\n\n9. 销售税和使用税。如适用，买方购买船舶应付的销售税或使用税由买方负责，且买方应于交割时向成交经纪人支付到期税款。买方特此就其负责的任何销售税或使用税向卖方和经纪人作出赔偿并使其免责。\n\n10. 陈述与保证。卖方和经纪人相信其任何一方就船舶提供的任何信息均属良好和正确，并系善意提供该等信息，但不作且不能保证该等信息的准确性。买方保证并陈述，截至交割时，其 (A) 将已对船舶进行了全面检查和试航（或已自愿放弃该等权利），以及 (B) 未依赖卖方或经纪人提供的任何广告、承诺、描述、确认或陈述（无论为口头或书面，且无论在本 PSA 之前或与本 PSA 同时作出）。交割完成后，买方将被视为已按“现状”条件接受船舶。卖方和经纪人未作出任何明示或默示保证，亦未就船舶状况、其适合任何特定用途或适销性作出任何陈述，所有该等保证和陈述均予以否认。\n\n11. 融资。买方的义务不以买方取得融资为条件。买方陈述，如有必要，其将安排融资。买方和卖方确认，经纪人未就买方取得融资的能力、买方取得船舶任何类型抵押贷款的资格，或买方在任何司法管辖区对船舶进行文件登记或注册的能力作出任何陈述或保证。\n\n12. 副本。双方可签署任意数量的相同副本，每一份均应视为正本（包括通过传真、电子邮件或其他电子方式证明的签名），如同签名均载于同一份文书之上。\n\n13. 约束效力；同时订立的合同；未来出售。本 PSA 对所有各方、其继承人、遗产代理人和/或受让人均具有约束力。在本 PSA 有效期间，卖方不得出售船舶或订立任何出售船舶的合同。如未依照本 PSA 条款完成出售，且买方和卖方在本 PSA 终止后两年内，无论直接或通过一方拥有或控制的实体，就出售船舶彼此订立合同，卖方同意向经纪人支付与经纪人在本 PSA 所设想的交易完成后本应获得的佣金相同的金额。\n\n14. 托管资金。双方确认：(a) 在资金已清算进入成交经纪人账户之前，成交经纪人不对定金负责，(b) 在资金清算后，成交经纪人应托管定金，且任一经纪人从任一方收到的任何其他资金应为该方以信托方式持有，(c) 成交经纪人可在向卖方支付定金或余额之前扣留应付给经纪人的佣金，以及 (d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方将就以任何方式与争议有关的律师费和费用向经纪人作出赔偿，包括在任何上诉中产生的该等费用（该义务以托管资金上的留置权作为担保）以及与佣金索赔有关的费用；但最终不可上诉判决认定存在故意不当行为或重大过失的经纪人除外。\n\n________________________________________________________________________________________________________________________\n\n15. 附加条款。________________________________________________________________________________________________\n\n见附录。\n\n16. 杂项。本PSA，包括其附件和附表，构成双方就本协议标的事项达成的完整协议，并取代此前及同时进行的与该等事项有关的所有书面、口头或其他形式的谈判、协议、陈述、保证和谅解。如任何经纪人成为涉及本PSA的任何诉讼的一方，经认定违反本PSA的一方或多方应在审前、审判及上诉的所有阶段，向该经纪人偿付其费用及律师费。如本协议双方之间因本PSA标的事项产生任何争议，胜诉方（包括经纪人）有权就所有审前、审判及上诉程序追偿合理的开支、律师费及费用。如本PSA的任何条款、条件或规定因任何原因被认定为不可执行，则应在可能的范围内将其解释为实现本PSA双方的意图，而非予以排除。在任何情况下，本PSA的所有其他条款、条件和规定均应被视为有效且可执行。除本协议所载者外，不存在其他明示、默示或其他形式的义务、责任、负债或保证。本PSA不得修改或变更，除非以书面形式作出并由买方和卖方签署。由代表任一方的律师或经纪人发出或向其送达的通知和交付，应与由该方发出或向该方送达具有同等效力。所有通知均须采用书面形式，并可通过专人递送、隔夜快递、传真、电子邮件或其他电子方式作出；通知在送达时生效，且应保留送达证明。买方可将本PSA转让给\n\n买方姓名首字母：____________\n\n卖方姓名首字母：____________\n案件 22-50073 文件 1930-13 提交日期 06/22/23 录入日期 06/22/23 18:40:24 第 8 页，共\n\n买方任何直系家庭成员，或由买方及/或其任何直系家庭成员拥有或控制的任何实体。除此以外，未经另一方同意，任何一方不得转让本PSA；该同意不得被不合理地拒绝。任何一方不得全部或部分放弃或解除因本PSA产生的任何请求权或权利，除非以书面形式作出；任何放弃亦仅适用于其被作出的特定情形。各段标题仅供参考及便利之用。29\n\n17. 准据法和争议解决。请勾选(a)、(b)或(c)。如未勾选，则适用(a)。涉及本协议的任何争议将通过以下方式解决：(a) [____] 在位于___________州（如留空则为Florida（佛罗里达州））的法院解决；(b) [____] 在___________州（如留空则为Florida（佛罗里达州））通过具有约束力的仲裁解决；(c) [____] 在England（英格兰）London（伦敦）通过具有约束力的仲裁解决。如选择(a)或(b)：(i) 本协议应受___________州（如留空则为Florida（佛罗里达州））法律管辖并依其解释，不考虑其法律冲突原则；以及(ii) 程序应在销售经纪人主要办事处所在县进行，或者，如销售经纪人在Florida（佛罗里达州）没有办事处，则在_____________________（如未指定其他城市，则为Fort Lauderdale, Florida（佛罗里达州劳德代尔堡））进行。如选择(b)，除非适用下列规则，否则应适用仲裁开始时有效的American Arbitration Association（美国仲裁协会，AAA）《商事仲裁规则》：________________________________________。如争议金额（包括反诉）不超过USD $1,000,000.00，双方应在发出仲裁通知后二十(20)日内，从International Yacht Brokers Association（国际游艇经纪人协会，IYBA）保存的仲裁员名册中共同选定一名独任仲裁员。如双方无法就仲裁员达成一致，IYBA有权指定该独任仲裁员。如争议金额更高，双方应各自指定一名仲裁员，两名仲裁员应共同指定第三名仲裁员。如其未能在14日内就第三名仲裁员达成一致，任一方可请求IYBA从其保存的仲裁员名册中指定第三名仲裁员。独任仲裁员的决定，或如为三名仲裁员组成的仲裁庭，其中任意两名仲裁员的决定，均为终局决定并对双方具有约束力。可向任何有管辖权的法院提起诉讼，以执行任何仲裁裁决或强制进行仲裁。如选择(c)：(i) 本协议应受English law（英格兰法律）管辖并依其解释，不考虑其法律冲突原则；(ii) 双方不可撤销地同意，因本协议产生或与本协议有关的任何争议，应依照Arbitration Act 1996（《1996年仲裁法》）或其任何法定修订或重新制定的版本提交London（伦敦）仲裁，但为使本段规定生效所必需的范围除外；(iii) 仲裁应依照仲裁开始时有效的London Maritime Arbitrators Association（伦敦海事仲裁员协会，LMAA）规则进行；(iv) 如争议金额（包括反诉）低于USD$100,000，应适用其小额索赔程序；如争议金额等于或高于USD$100,000且低于USD$400,000，应适用其中等索赔程序。无论选择何种选项，双方均不可撤销地服从该等法院或仲裁机构的专属管辖，放弃其目前或将来可能对审判地或法院便利性提出的任何异议，同意与该程序有关的所有请求均仅由该等法院或仲裁机构裁决，并进一步同意不在任何其他法院或仲裁机构提出与本协议有关的任何请求。双方在有机会寻求法律顾问后，放弃就根据本协议产生的、无论针对彼此或任何经纪人的请求接受陪审团审判。\n\n买方：\n_____________________________________　卖方：\n\n正楷姓名：________________________________　正楷姓名：________________________________\n职务：________________________________　职务：________________________________\n日期：________________________________　日期：________________________________\n销售经纪人　　保证金确认　　（以资金结清为准）\n正楷姓名：_______________________________　金额：____________________________\n职务：_______________________________　日期：_______________________________\n\n卖方姓名首字母：_________\n\n第4页，共4页 ©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。\n\n修订版 3.10.20\n\n本表格仅为IYBA成员的专属使用和利益而编制。双方及经纪人特此免除IYBA因使用本表格而产生或与之相关的任何损害赔偿责任。IYBA明确否认与使用本表格有关的任何及所有保证，包括适销性和适合特定用途的保证。\n\n经纪船舶买卖协议补充协议，该协议于[-----], 2023签署，协议双方为：(i) Luc A. Despins（卢克·A.·德斯平斯），作为Ho Wan Kwok（郭文贵）遗产的第11章受托人；以及(ii) [------------]（以下简称“补充协议”）\n\n本协议中使用但未定义的首字母大写术语，具有就Lady May（“Lady May号”）于[-------], 2023签署的《经纪船舶买卖协议》（以下简称“PSA”）中规定的含义。为免疑义，对PSA的任何提述（无论是在该PSA还是本补充协议中）均指经本补充协议修改后的PSA。\n\n1. Luc A. Despins仅以Ho Wan Kwok遗产第11章受托人的身份作为PSA的一方，而非以其个人身份。因此，买方不得以Luc A. Despins的个人身份或针对Paul Hastings LLP（保罗·黑斯廷斯律师事务所）提出任何请求。\n\n2. PSA及PSA中的所有条款均须经United States Bankruptcy Court for the District of Connecticut（美国康涅狄格联邦破产法院，以下简称“破产法院”）批准；Ho Wan Kwok的第11章案件，即案件编号22-50073（以下简称“第11章案件”），目前正在该法院审理。\n\n3. 尽管PSA中有任何相反规定，破产法院对与PSA有关或因PSA产生的任何请求或争议拥有专属管辖权，双方及经纪人均不可撤销地服从破产法院的专属管辖，放弃其目前或将来可能对审判地或法院便利性提出的任何异议，同意与PSA有关的所有请求均由该法院裁决，并进一步同意不在任何其他法院提出与PSA有关的任何请求。为免疑义，PSA第17节中关于就涉及PSA的任何争议进行仲裁的所有规定特此删除。\n\n4. 尽管PSA中有任何相反规定，PSA受State of New York（纽约州）法律管辖并依其解释，不考虑其法律冲突原则。\n\n5. PSA第1节第四句和第五句特此修改如下：\n\n“船舶”还包括截至本PSA日期位于船上及/或载于船舶挂牌规格中的所有索具、机械、设备、家具、燃料、消耗品，以及所有已登记或未登记的附属艇、玩具、物品和附属物。除卖方或挂牌经纪人在以下较早日期提供的除外清单中所列项目外，不设除外清单：(a) 生效日期后五日，或(b) 接受/拒绝日期；该等项目不包括在出售范围内。如买方接受该船舶，则视为买方已接受除外清单。为免疑义，Lady May II不作为根据本PSA出售船舶的一部分。\n\n6. PSA第1节第八句特此修改如下：\n\n如根据本PSA出售船舶涉及以旧抵价，旧船置换的条件应受所附《置换船舶补充协议》管辖。\n\n7. PSA第2节特此修改如下：\n\n于[-----], 2023，买方已将保证金支付至销售经纪人的账户，如下文确认，作为购买价款的保证金，并应根据本PSA条款予以托管。在保证金已结清并进入销售经纪人的托管账户之前，卖方可拒绝允许买方进行该船舶的试航、勘验及其他检查。\n\n8. PSA第3节特此修改如下：\n\n买方购买该船舶的义务，以买方自行酌情决定对该船舶进行试航和勘验后感到满意为条件；但买方可选择不对该船舶进行检验；但前提是，买方仅可在验船师（应为具有适当资质、日常业务为勘验与该船舶质量和价值相近的船舶的海事验船师）书面证明其发现影响该船舶或其机械或系统运行完整性的缺陷，或致使该船舶不适航时，拒绝该船舶。为免生疑义，买方不得以任何其他理由拒绝该船舶。如买方决定进行勘验：(a) 买方将选择验船师；(b) 验船师而非经纪人，应为与勘验有关的任何错误或遗漏承担唯一责任，尽管经纪人可能已向买方提供信息并协助买方聘请验船师；(c) 卖方应使该船舶可供使用，买方应在切实可行的情况下尽快完成试航和勘验，以使勘验于接受/拒绝日期之前完成；(d) 卖方应支付试航的一切运行费用并承担与试航相关的风险，买方应支付勘验的一切费用，包括相关费用，例如吊船、干船坞和分包商费用；(e) 买方及其验船师应全权负责确定勘验和试航的范围，以评估该船舶是否符合买方的要求；以及 (f) 买方应于接受/拒绝日期当日或之前，向卖方或挂牌经纪人送达书面拒绝或接受该船舶的通知。无论买方是否已检验该船舶，如其未能依照本PSA（购销协议）及时发出书面拒绝通知，则应视为其已接受该船舶。买方接受该船舶后，卖方在交割（定义见第4段）之前不得使用该船舶，但为将该船舶移至交付地点而移动该船舶的情形除外。如买方依照本PSA拒绝或被视为拒绝该船舶，且未以其他方式违反本PSA，则在支付为买方发生的一切费用后，(i) 卖方经纪人应将定金退还买方，(ii) 本PSA应终止，以及 (iii) 双方当事人和经纪人应解除其在本协议项下的任何进一步责任。经纪人不负责纠正试航和勘验期间发现的任何缺陷或不足所需的费用。\n\n9. 现将PSA第4节第六句修改如下：\n\n交割时，买方应向卖方支付余额（受第6段约束），且定金应在扣除紧接下一句所述款项后，通过电汇方式发放给卖方和/或卖方经纪人，以便其进一步转付卖方。卖方欠付 (i) 经纪人的佣金、仓储费、保险费、维修费和/或其他项目费用（须经破产法院（Bankruptcy Court）批准），或 (ii) 任何其他权利负担持有人的任何款项，均应由卖方经纪人在向卖方拨付款项之前从应付卖方的金额中扣除；卖方特此不可撤销地指示任何定金持有人依照本协议条款，从定金中向经纪人支付佣金，并在向卖方发放定金之前向经纪人支付该款项。为免生疑义，破产法院批准向买方出售该船舶的命令应规定，该船舶系在不存在任何权利负担的情况下出售，任何权利负担均附着于出售所得款项。\n\n10. 现将PSA第5节第二句修改如下：\n\n如挂牌经纪人和卖方经纪人为同一家经纪公司，双方当事人同意该经纪人在本交易中担任双重代理人，即同时代表买方和卖方，且该经纪人可向双方当事人披露其所知的、实质影响该船舶价值或吸引力的事实；但前提是，在该等情形下，(a) 未经卖方同意，经纪人不得向买方披露卖方愿意以低于要价的金额出售该船舶，且 (b) 未经买方同意，经纪人不得向卖方披露买方愿意支付高于报价的价格，并且经纪人就出售该船舶一事不对买方承担任何义务。\n\n11. 现将PSA第6节第二句修改如下：\n\n交割前不少于二 (2) 个工作日，卖方应向买方交付：(a) 令人满意的所有权证明；(b) 已支付或解除全部权利负担的证明（将在交割时全额支付的权利负担除外），该证明可以是破产法院作出的批准出售该船舶的命令（且该命令应规定该船舶在不存在任何权利负担的情况下出售给买方）；(c) 卖方出具的保证及赔偿承诺，保证卖方在本第6段中的陈述和保证；(d) 如卖方为法人实体，卖方实益所有人出具的个人保证及赔偿承诺，保证卖方在本第6段中的陈述和保证；以及 (e) 向买方转让良好且可流通所有权所必需的任何其他文件副本。\n\n12. 现将PSA第7节第二句和第三句修改如下：\n\n如该船舶在买方接受后受损，且必要维修费用低于购买价的百分之五 (5%)，并且完成维修所需时间少于30日，则卖方可自行选择：(a) 卖方必须在交割前依照良好的海事实务，将该损坏修复至该船舶在受损前的标准，买方可检验该等修复；在该等情形下，(b) 买方必须支付余额并接收经修复的该船舶；以及 (c) 交割日期应按维修期限予以延长。如该船舶在买方接受后受损程度更大，或卖方未行使前一句所述选择权，任一方均可终止本PSA，其后果与买方拒绝该船舶相同。\n\n13. 现将PSA第8节修改如下：\n\n尽管本协议有任何相反规定，如定金未在到期时支付，或因买方不履行义务而未完成交割，包括但不限于未能在交割日期前支付余额或签署完成购买所需的全部文件：(i) 定金应由卖方和经纪人保留（或如定金未支付，买方应向卖方和经纪人支付同等金额），作为约定的清算损害赔偿金及签署本PSA的对价，以完全解决双方当事人之间的所有索赔；(ii) 卖方经纪人应向买方退还从买方收到的任何其他款项；以及 (iii) 双方当事人应解除其在本PSA项下的一切义务；但前提是，如在破产法院批准本PSA后，因买方不履行义务而未完成交割，卖方应从定金中向挂牌经纪人支付等同于 \\$200,000 的金额；如该船舶最终向另一买方出售，该金额应抵扣并减少挂牌经纪人可获得的任何佣金（依其与卖方的聘用函）。买方和卖方同意，定金应首先用于支付买方或经纪人就该船舶产生的任何未付成本或费用，随后百分之五十 (50%) 分配给卖方，百分之五十 (50%) 分配给经纪人；经纪人应按照如出售已完成时佣金本应分配的相同比例分配该款项。如因卖方不履行义务而未完成交割（为免生疑义，不包括破产法院拒绝批准本PSA），定金及买方依本PSA支付或存入的任何其他款项，应在要求时返还给买方，或买方有权要求实际履行。卖方同意，鉴于该船舶的独特性、损失证明的困难，以及以其他方式获得充分救济的不便或不可能性，实际履行属合理救济。如因卖方不履行义务而未完成交割，卖方应立即向经纪人支付如交易已完成本应支付的同等佣金；但前提是，破产法院拒绝批准本PSA不构成卖方不履行义务。如破产法院未批准本PSA，本PSA应视为终止，其后果与买方依本PSA拒绝该船舶相同。尽管本PSA有任何相反规定，如因任何原因未完成交割（包括 (a) 买方未履行其在本PSA项下的义务，(b) 破产法院未批准本PSA，或 (c) 买方依本PSA拒绝该船舶），卖方有权选择按成本从买方购买勘验报告；如卖方行使该选择权，买方应在收到该勘验费用后立即向卖方提供完整的勘验报告。\n\n14. 现将PSA第9节第一句修改如下：\n\n如适用，买方购买该船舶应缴纳的销售税或使用税由买方负责，买方应在交割时向受托人支付到期税款。\n\n15. 现于PSA第11节第一句后增列以下句子：\n\n买方陈述并保证，其拥有足够的现金和/或融资，以在交割时支付购买价。买方还陈述并保证，其与Ho Wan Kwok（郭文贵）不存在关联或关系，且并非代表Ho Wan Kwok或应Ho Wan Kwok的要求行事。\n\n16. 现将PSA第14节修改如下：\n\n双方当事人确认：(a) 在款项已结清并存入卖方经纪人账户之前，卖方经纪人不对定金负责；(b) 款项一经结清，卖方经纪人应以托管方式持有定金，任一经纪人从任何一方收到的任何其他款项均应为该方以信托方式持有；(c) 卖方经纪人应依照本PSA，在向卖方发放或拨付定金或余额之前保留应付经纪人的佣金；以及 (d) 在涉及经纪人持有的任何款项的任何争议中，买方和卖方应赔偿经纪人与该争议以任何方式有关的律师费和成本，包括任何上诉中产生的费用和成本（该义务以托管款项上的留置权作担保）以及与佣金索赔有关的费用和成本，但破产法院作出的最终且不可上诉判决认定故意不当行为或重大过失的经纪人除外。\n\n17. 现将PSA第16节第二句和第三句修改如下：\n\n如任何经纪人成为涉及本PSA的任何诉讼的一方，则除非该经纪人经破产法院作出的终局且不可上诉的判决认定存在故意不当行为或构成重大过失，否则，经认定违反本PSA的一方或多方应向该经纪人偿付其在审前、审判及上诉各阶段发生的合理费用及律师费。如本协议各方之间因本PSA的标的事项发生任何争议，胜诉方（包括经纪人）有权追回其在全部审前、审判及上诉程序中发生的合理开支、律师费及费用，除非该胜诉方经破产法院作出的终局且不可上诉的判决认定存在故意不当行为或构成重大过失。\n\n18. 现将PSA第16条第九句和第十句修改如下：\n\n买方可将本PSA转让给买方任何直系亲属或由买方及/或其任何直系亲属拥有或控制的任何实体。除此以外，任何一方未经另一方同意不得转让本PSA，且该同意不得被无理拒绝。\n\n卖方\n\n签署：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n姓名：Luc A. Despins（卢克·A·德斯平斯），作为Ho Wan Kwok（郭文贵）财产的第11章受托人\n\n日期：\n\n买方\n\n签署：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n案件22-50073 文件1930-13 提交于06/22/23 录入于06/22/23 18:40:24 第15页，共29页\n\n姓名：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n职务：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n日期：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n附录中的独立条款：\n\n- 1. Luc A. Despins仅以Ho Wan Kwok财产第11章受托人的身份，而非以其个人身份，作为PSA的一方。因此，买方不得以Luc A. Despins的个人身份或Paul Hastings LLP（保罗·黑斯廷斯律师事务所）为对象提出任何性质的索赔。\n\n- 2. PSA及PSA中的全部条款均须经United States Bankruptcy Court for the District of Connecticut（康涅狄格联邦破产法院）（“破产法院”）批准；Ho Wan Kwok的第11章案件，即案件编号22-50073（“第11章案件”），目前正在该法院审理。\n\n- 3. 尽管PSA中有任何相反规定，破产法院对有关PSA或因PSA产生的任何索赔或争议享有专属管辖权，各方及经纪人不可撤销地服从破产法院的专属管辖权，放弃其目前或今后可能对审判地或法院便利性提出的任何异议，同意所有与PSA有关的索赔均由该法院裁决，并进一步同意不在任何其他法院提出任何与PSA有关的索赔。为免生疑，现删除PSA第17条中关于对任何涉及PSA的争议进行仲裁的全部规定。\n\n- 4. 尽管PSA中有任何相反规定，PSA应受纽约州法律管辖并依其解释，不受其法律冲突原则影响。\n\n\\\\\\\\\\*\n\nPSA整合版本\n\n1. 协议。买方同意购买，且卖方同意出售上述船舶的一切权利、所有权及权益，具体条款和条件载于本买卖协议（“PSA”）。除非本协议另有定义，本PSA中使用的首字母大写术语应指上表中的相应术语。本PSA的“生效日期”系双方签署本协议之日。“船舶”还包括截至本PSA日期位于船上及/或列入船舶挂牌规格中的所有属具、机械、设备、家具、燃料、消耗品，以及所有已登记或未登记的附属艇、玩具、物品及附属设施。不存在除外清单。为免生疑，根据本PSA出售船舶不包括Lady May II。挂牌经纪人和销售经纪人在本协议中合称为“经纪人”。根据本PSA出售船舶不涉及以旧换新折让。如任何一方未能在要约到期日当日或之前签署本PSA并向另一方交付，本PSA即不生效。\n\n2. 定金。于[\\_\\_\\_\\_], 2023，买方已向卖方账户支付定金，如下文所确认，该定金作为购买价款的预付款，并应依本PSA条款予以托管。在定金结清并进入卖方托管账户前，卖方可拒绝允许买方进行船舶试航、检验及其他检查。\n\n3. 检验选择权；船舶接受；检验条件。买方购买船舶的义务以买方对船舶试航及检验结果满意为条件，但买方可选择不对船舶进行检查；但前提是，买方仅可在检验师（应为日常业务从事检验与该船舶质量及价值相当的船舶的合格海事检验师）书面证明其发现影响船舶、其机械或其系统运行完整性的缺陷，或使船舶不适航的缺陷时，拒绝接受船舶。为免生疑，买方不得以任何其他理由拒绝接受船舶。如买方决定进行检验：(a) 买方将选择检验师；(b) 检验师而非经纪人应对与检验有关的任何错误或遗漏承担唯一责任，即使经纪人可能已向买方提供信息并协助买方聘请检验师；(c) 卖方应提供船舶，买方应尽快完成试航和检验，以使检验于接受/拒绝日期前完成；(d) 卖方应承担试航的所有运行费用及相关风险，买方应支付检验的所有费用，包括相关费用，例如吊装、干船坞及分包商费用；(e) 买方及其检验师应独自负责确定检验和试航的范围，以评估船舶是否符合买方要求；以及(f) 买方应于接受/拒绝日期当日或之前向卖方或挂牌经纪人交付书面船舶拒绝或接受通知。无论买方是否检查过船舶，如其未能依本PSA及时发出书面拒绝通知，买方将被视为已接受船舶。买方接受船舶后，除为将船舶移至交付地点外，卖方在交割前（定义见第4段）不得使用船舶。如买方依本PSA拒绝或被视为拒绝船舶，且未以其他方式违反本PSA，则：(i) 卖方应向买方返还定金；(ii) 本PSA终止；以及(iii) 各方和经纪人免于承担本协议项下任何进一步责任。经纪人不负责纠正试航和检验期间发现的任何缺陷或不足所产生的费用。\n\n4. 交割。船舶所有权转让（“交割”）应于交割日期在交付地点进行，同时支付买方应付的全部款项并交付向买方转让良好且可流通所有权所需的全部其他文件原件。如船舶必须移至交付地点，除非资金已全额支付，或正依托管安排持有且该托管仅以将船舶交付至交付地点和向买方交付产权文件为条件，否则卖方不应将船舶交付至交割地点。交割可通过隔夜快递或电子方式办理。除试航期间消耗的燃料及前往交付地点航程中消耗的燃料外，卖方应在交付地点向买方交付船舶（定义见第1段）。于交割日期当日或之前，卖方必须向销售经纪人交付向买方转让船舶所有权所需的全部文件（以及本协议要求交付的所有其他物品）。于交割时，买方应向卖方支付余额（受第6段约束），且定金应向卖方释放，但应扣除紧接下一句所述款项。卖方就佣金、仓储、保险、维修及/或其他项目应向经纪人支付的任何款项（均须经破产法院批准）应从定金中扣除，并在向卖方释放定金前支付给经纪人。为免生疑，破产法院批准向买方出售船舶的命令应规定，该船舶在不附带任何权利负担的情况下出售，任何权利负担应附着于出售所得款项。\n\n5. 经纪人。各方确认，销售经纪人和挂牌经纪人是促成本PSA的唯一经纪人。如挂牌经纪人与销售经纪人为同一家经纪公司，各方同意该经纪人在本交易中作为双重代理人，即同时代表买方和卖方；但前提是，在该情形下，(a) 未经卖方同意，经纪人不得向买方披露卖方愿以低于要价的金额出售船舶，且(b) 经纪人就出售船舶一事对买方不负有任何义务。如挂牌经纪人与销售经纪人不同，挂牌经纪人仅代表卖方，且对买方不承担任何信义或其他义务；销售经纪人仅代表买方，且对卖方不承担任何信义或其他义务（但由卖方支付报酬）。经纪人仅负有本协议明文规定的义务，不得将任何默示义务或责任解读为包含于本PSA中。卖方应独自负责支付本协议所规定的与出售船舶有关而应付给经纪人的佣金。各方分别向另一方陈述并保证，其在进行与向买方出售船舶有关的谈判时，未聘用或与任何其他经纪人、代理人或介绍人交易，并确认经纪人为本PSA的第三方受益人。\n\n6. 卖方的陈述；交割要求。卖方陈述并保证，其将向买方转让船舶的良好且可转让的所有权，该所有权不存在任何债务、索赔、海事或普通法留置权、担保权益、产权负担、消费税，以及应向任何州、国家、任何种类的监管和/或税务机关缴纳的任何其他适用税费、关税或税则（统称“产权负担”）。交割前不少于两（2）个营业日，卖方应向买方交付：(a) 所有权的令人满意的证据；(b) 已支付或解除所有产权负担的证明（将在交割时全额支付的产权负担除外），该证明可为破产法院批准出售船舶所作出的命令（且该命令应规定船舶系无任何产权负担地出售给买方）；以及 (c) 向买方转让良好且可转让所有权所必需的任何其他文件的副本。卖方应支付与取得任何主管机关所要求的出售授权有关的任何费用，并应充分配合取得该授权。作为法人实体的任何一方，应在交割前向另一方提供：(i) 其根据该实体成立所在州或其他司法管辖区法律处于良好存续状态的证明；(ii) 显示该实体已正式授权决定购买或出售船舶，以及交付或接收船舶和/或签署本PSA和/或购销文件的个人具有相应权限的同意行动或决议；(iii) 证明交付或接收船舶的个人具有相应权限的授权委托书；以及 (iv) 就卖方而言，其电汇信息。\n\n7. 灭失风险；不可抗力。交割前船舶灭失或损坏的风险由卖方承担。如买方验收后船舶受损，且必要修理的费用低于购买价的百分之五（5%）并且完成修理所需时间少于30日，则卖方可自行选择在交割前按照合理的海事惯例进行修理，使船舶恢复至紧接损坏前的标准，且买方可检查该等修理；在此情况下，(a) 买方应支付余额并接收经修理的船舶，及 (b) 交割日期将按修理期间的长度予以延长。如买方验收后船舶受损程度更为严重，或卖方未行使前述句子中的选择权，则任何一方均可终止本PSA，后果与买方拒绝接受船舶时相同。任何一方履行义务的责任，在为适应超出该方合理控制范围的不可预见事件（“不可抗力事件”）所必需的范围内将被暂停，包括但不限于天灾、恐怖主义行为、罢工、停工、骚乱、战争行为、火灾、通信线路故障、计算机病毒、停电、事故、热带风暴、飓风、地震或其他自然灾害。如发生不可抗力事件，本PSA中所述的期间，包括但不限于交割日期，应视为按使受影响一方能够依照本PSA履行义务所必需的时间予以延长；但如不可抗力事件使交割日期延迟超过30日，任何一方均可终止本PSA，后果与买方拒绝接受船舶时相同。\n\n8. 违约。尽管本协议有任何相反规定，如因买方未履行义务而未能完成交割，包括但不限于未在交割日期前支付余额或签署完成购买所必需的全部文件：(i) 定金应由卖方作为约定的违约赔偿金予以保留，作为签署本PSA的对价，并作为双方之间所有索赔的完全解决；(ii) 销售经纪人应向买方返还其从买方收到的任何其他款项；及 (iii) 双方均免除本PSA项下的一切义务；但在破产法院批准本PSA后，如因买方未履行义务而未能完成交割，卖方应从定金中向挂牌经纪人支付等同于 \\$200,000 的金额；如船舶随后与另一买方完成出售，该金额应计入并减少挂牌经纪人可能获得的任何佣金（根据其与卖方签订的聘用函）。如因卖方未履行义务而未能完成交割（为免疑义，不包括破产法院拒绝批准本PSA），定金及买方根据本PSA支付或存入的任何其他款项，应在买方提出要求后返还给买方。如因卖方未履行义务而未能完成交割，卖方应立即向经纪人支付如交易已完成本应支付的相同佣金；但破产法院拒绝批准本PSA不构成卖方未履行义务。如破产法院未批准本PSA，本PSA应视为终止，后果与买方拒绝接受船舶时相同。尽管本PSA有任何相反规定，如因任何原因未能完成交割（包括：(a) 买方未履行其在本PSA项下的义务；(b) 破产法院未批准本PSA；或 (c) 买方依照本PSA拒绝接受船舶），卖方有权按成本向买方购买验船报告；如卖方行使该权利，买方应在收到该验船报告成本的付款后立即向卖方提供完整的验船报告。\n\n9. 销售税和使用税。如适用，买方购买船舶应缴纳的销售税或使用税由买方负责，且买方应在交割时向受托人支付到期税款。买方特此就其负责的任何销售税或使用税向卖方和经纪人作出赔偿并使其免受损害。\n\n10. 陈述与保证。卖方和经纪人相信其任何一方就船舶所提供的任何信息均属良好且正确，并系善意提供该等信息，但不对且无法保证该等信息的准确性。买方保证并陈述，截至交割时，其 (A) 将已对船舶进行全面检查和试航（或已自愿放弃该等权利），且 (B) 不依赖卖方或经纪人提供的任何广告、承诺、描述、确认或陈述（无论是口头或书面，且无论是在本PSA之前或与本PSA同时作出）。交割后，买方将被视为已按船舶“现状”接受船舶。卖方和经纪人未作出任何明示或默示保证，亦未就船舶的状况、其适用于任何特定用途的适用性或适销性作出任何陈述，且上述一切均予以否认。\n\n11. 融资。买方的义务不以买方取得融资为条件。买方陈述，如有必要，其将安排融资。买方陈述并保证，其在交割时拥有足够的现金和/或可用融资，以支付购买价。买方还陈述并保证，其不与 Ho Wan Kwok（郭文贵）有关联或存在关系，且并非代表 Ho Wan Kwok 或应 Ho Wan Kwok 的要求行事。买方和卖方确认，经纪人未就买方取得融资的能力、买方取得船舶任何类型抵押贷款的资格，或买方在任何司法管辖区为船舶制作文件或登记船舶的能力作出任何陈述或保证。\n\n12. 副本。双方可签署任意数量的相同副本，每一副本均应视为正本（包括通过传真、电子邮件或其他电子方式证明的签名），犹如签名均载于同一份文书之上。\n\n13. 约束效力；同时期合同；未来出售。本PSA对所有各方、其继承人、遗产代理人和/或受让人具有约束力。本PSA有效期间，卖方不得出售船舶或订立任何出售船舶的合同。如未依照本PSA条款完成出售，且买方和卖方在本PSA终止后两年内，无论直接或通过一方拥有或控制的实体，就出售船舶相互订立合同，卖方同意向经纪人支付与经纪人在本PSA所设想交易完成时本应获得的佣金相同的金额。\n\n14. 托管资金。双方确认：(a) 在资金实际到账至卖方账户前，卖方不对定金承担责任；(b) 资金到账后，卖方应将定金托管，且任一经纪人从任何一方收到的任何其他资金应为该方以信托方式持有；(c) 卖方应依照本PSA，在向卖方释放定金之前支付应付给经纪人的佣金；以及 (d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方将就以任何方式与该争议有关的律师费和成本向经纪人作出赔偿，包括在任何上诉中产生的费用和成本（该义务由托管资金上的留置权担保），以及与佣金索赔有关的费用和成本；但经破产法院作出的不可上诉的终局判决认定存在故意不当行为或重大过失的经纪人除外。\n\n15. 附加条款。见附于本协议的附录。\n\n16. 杂项。本 PSA（包括其附件和附表）构成双方就本协议标的事项达成的完整协议，并取代此前及同期就该标的事项进行的一切书面、口头或其他形式的谈判、协议、陈述、保证和谅解。如任何经纪人因涉及本 PSA 的任何诉讼而成为当事人，则除非该经纪人被破产法院作出的不可上诉的终局判决认定存在故意不当行为或重大过失，否则违反本 PSA 的一方或多方应在审前、审判及上诉各阶段偿还该经纪人的合理费用及律师费。如本协议双方之间因本 PSA 标的事项发生任何争议，胜诉方（包括经纪人）有权获得在所有审前、审判及上诉程序中的合理开支、律师费及费用，除非该胜诉方被破产法院作出的不可上诉的终局判决认定存在故意不当行为或重大过失。如本 PSA 的任何条款、条件或规定因任何原因被认定为不可执行，则应在可能的范围内解释该条款、条件或规定以实现本 PSA 双方的意图，而非予以排除。在任何情况下，本 PSA 的所有其他条款、条件和规定均应视为有效且可执行。除本协议明确规定外，不存在任何其他明示、默示或其他形式的职责、义务、责任或保证。本 PSA 仅可经买方和卖方书面签署予以修订或修改。由代表任何一方的律师或经纪人发出或向其送达的通知和交付，与由该方发出或向其送达具有同等效力。所有通知必须采用书面形式，并可通过专人递送、隔夜快递、传真、电子邮件或其他电子方式作出，并应于送达时生效，且须保留送达证明。未经另一方同意，任何一方不得转让本 PSA。任何一方不得全部或部分放弃或解除因本 PSA 产生的任何请求或权利，除非以书面形式作出；任何放弃仅适用于作出该等放弃的特定情形。段落标题仅供参考和便利之用。\n\n17. 准据法和争议解决。双方在已有机会寻求法律顾问意见后，就根据本 PSA 提出的请求，无论是相互之间提出，还是针对任何经纪人提出，均放弃陪审团审判。\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 22 of 29\n\n附录中的独立条款：\n\n1. Luc A. Despins（卢克·A·德斯平斯）仅以 Ho Wan Kwok（郭文贵）财产的第 11 章受托人身份，而非以其个人身份，作为 PSA 的当事人。因此，买方不得以任何方式向 Luc A. Despins 先生的个人身份或 Paul Hastings LLP（普衡律师事务所）提出任何请求。\n\n2. PSA 及 PSA 中的所有条款均须经 United States Bankruptcy Court for the District of Connecticut（康涅狄格联邦地区破产法院，以下简称“破产法院”）批准；Ho Wan Kwok 的第 11 章案件，即 Case No. 22-50073（以下简称“第 11 章案件”），正在该法院审理中。\n\n3. 尽管 PSA 中有任何相反规定，破产法院对任何有关 PSA 或因 PSA 产生的请求或争议享有专属管辖权，双方及经纪人不可撤销地服从破产法院的专属管辖权，放弃其目前或今后可能对审判地或法院便利性提出的任何异议，同意所有与 PSA 有关的请求均由该法院裁决，并且进一步同意不在任何其他法院提出任何与 PSA 有关的请求。为免疑义，现删除 PSA 第 17 节中关于对涉及 PSA 的任何争议进行仲裁的所有规定。\n\n4. 尽管 PSA 中有任何相反规定，PSA 应受纽约州法律管辖并依其解释，而不考虑其法律冲突原则。\n\n\\\\\\\\\\*\n\nPSA 的校正版本\n\n1. 协议。买方同意购买，卖方同意出售上述船舶的全部权利、所有权及权益，均依照本购买和销售协议（“PSA”）规定的条款和条件进行。除非本协议另有定义，本 PSA 中使用的首字母大写术语均指上表中的相应术语。本 PSA 的“生效日期”是双方签署本协议之日。“船舶”还包括截至本协议日期位于船上和/或列入船舶挂牌规格中的所有属具、机械、设备、家具、燃料、消耗品，以及所有已登记或未登记的附属艇、玩具、物品和附属物，但卖方或挂牌经纪人应在以下较早日期提供的除外清单中所列的物品除外：(a) 生效日期后五日；或 (b) 接受/拒绝日期；该等物品不包括在本 PSA 内。不会有除外清单。为免疑义，Lady May II（“Lady May II”号）不作为出售的一部分。若买方根据本 PSA 接受船舶，则视为其已接受除外清单。挂牌经纪人和销售经纪人在本协议中统称为“经纪人”。不存在以旧换新折让；与根据本 PSA 出售船舶有关的以旧换新条件，应受所附《以旧换新船舶附录》管辖。如任一方未能于要约到期日或之前签署本 PSA 并将其交付给另一方，本 PSA 将不生效。\n\n2. 定金。在卖方签署本 PSA 后的 ________ 个营业日内（如留空，则为 3 个营业日），于 [_____], 2023，买方应已将定金支付至销售经纪人的卖方账户，如下文确认，作为购买价款的定金，并应根据本 PSA 条款予以托管。在定金已结算并存入销售经纪人的卖方托管账户之前，卖方可拒绝允许买方进行船舶试航、勘验及其他检查。\n\n3. 勘验选择权；接受船舶；勘验条件。买方购买船舶的义务，以买方自行酌情决定对船舶试航和勘验感到满意为条件，但买方可选择不对船舶进行检查。如进行检查，但前提是，买方仅可在勘验师（应为日常业务从事与该船舶质量和价值相近船舶勘验的正式合格海事勘验师）书面证明其发现影响船舶或其机械或系统运行完整性的缺陷，或使船舶不适航的缺陷时，拒绝接受船舶。为免疑义，买方不得基于任何其他理由拒绝接受船舶。如买方决定进行勘验：(a) 买方将选择勘验师；(b) 勘验师而非经纪人应对勘验中的任何错误或遗漏承担唯一责任，尽管经纪人可能已向买方提供信息并协助买方聘请勘验师；(c) 卖方应提供船舶，且买方应尽快完成试航和勘验，以便在接受/拒绝日期前完成勘验；(d) 卖方应承担试航的所有运行费用及相关风险，买方应承担勘验的所有费用，包括相关费用，例如起吊、干船坞和分包商费用；(e) 买方及其勘验师应独自负责确定勘验和试航的范围，以评估船舶是否符合买方要求；及 (f) 买方应于接受/拒绝日期或之前，向卖方或挂牌经纪人提交书面拒绝或接受船舶的通知。无论买方是否检查过船舶，如其未能依照本 PSA 及时发出书面接受或拒绝通知，则视为买方已拒绝或接受船舶。在买方接受船舶后，于交割（定义见第 4 段）前，卖方不得使用船舶，但为将船舶移至交付地点而使用的除外。如买方拒绝或被视为拒绝船舶，在代表买方产生的所有费用均已支付后，(i) 如销售经纪人依照本 PSA 行事且不存在其他违反本 PSA 的情形，(i) 卖方应将定金返还给买方，(ii) 本 PSA 将终止，且 (iii) 双方和经纪人将解除在本协议项下的任何进一步责任。经纪人不负责纠正试航和勘验期间发现的任何缺陷或不足所需的费用。\n\n4. 交割。船舶所有权的转让（“交割”）应于交割日，在交付地点进行，同时支付买方应付的全部款项，并交付将良好且可出售的所有权转让给买方所需的所有其他文件原件。如船舶必须移至交付地点，除非款项已全额支付，或正由托管机构持有且托管条件仅为将船舶交付至交付地点并向买方解除所有权文件，否则卖方不应将船舶交付至交割地点。交割可通过隔夜快递或电子方式进行。卖方应在交付地点将船舶（定义见第 1 段）交付给买方，但试航期间消耗的燃料及前往交付地点航程中消耗的燃料除外。于交割日或之前，卖方必须向销售经纪人交付将船舶所有权（以及本协议要求交付的所有其他物品）转让给买方所需的全部文件。于交割时，买方应向卖方支付余额（受第 6 段约束）和/或向销售经纪人支付以供转付；定金应通过电汇方式释放给卖方，但须扣除紧接下一句所述款项。卖方应付给下列主体的任何款项：(i) 经纪人，就佣金、存储、保险、维修和/或其他项目而言；或 (ii) 任何其他权利负担的持有人，均须经破产法院批准，并应由销售经纪人在向卖方支付款项前从应付卖方的金额中扣除；卖方特此不可撤销地指示任何定金持有人依照本协议条款，从定金中向经纪人支付佣金。定金应在向卖方释放定金之前支付给经纪人。为免疑义，破产法院批准将船舶出售给买方的命令应规定，船舶出售时不附带任何权利负担，任何权利负担应附着于出售所得款项。\n\n5. 经纪人。双方确认，销售经纪人和挂牌经纪人是促成本《PSA》的唯一经纪人。如挂牌经纪人与销售经纪人为同一经纪公司，双方同意该经纪人在本交易中作为双重代理人，即同时代表买方和卖方，该经纪人可向双方披露其所知悉的、对船舶价值或吸引力有重大影响的事实；但前提是，在该情况下，(a) 未经卖方同意，经纪人不得向买方披露卖方愿意以低于要价的金额出售船舶；未经买方同意，经纪人不得向卖方披露买方愿意支付高于报价的价格；且 (b) 经纪人就船舶出售事宜对买方不负有任何义务。如挂牌经纪人与销售经纪人不同，则挂牌经纪人仅代表卖方，且对买方不负有任何义务，无论是信义义务或其他义务；销售经纪人仅代表买方，且对卖方不负有任何义务，无论是信义义务或其他义务（尽管其报酬由卖方支付）。经纪人仅负有本协议明确规定的义务，不得将任何默示义务或责任解释为包含在本《PSA》中。卖方应全权负责按照本协议规定支付与船舶出售有关而应付给经纪人的佣金。各方均向另一方陈述并保证，其在进行与向买方出售船舶有关的谈判时，未雇用或与任何其他经纪人、代理人或介绍人打交道，并确认经纪人为本《PSA》的第三方受益人。\n\n6. 卖方的陈述；交割要求。卖方陈述并保证，其将向买方转让船舶的良好且可流通所有权，该所有权不存在任何债务、索赔、海事或普通法留置权、担保权益、产权负担、消费税，以及应付给任何州、国家、任何种类监管机构和/或税务机关的任何其他适用税款、关税或进口税（统称“产权负担”）。不迟于交割前两（2）个营业日，卖方应向买方交付：(a) 令人满意的所有权证明；(b) 已支付或解除所有产权负担的证明（将在交割时全额支付的产权负担除外）；(c) 由卖方作出的保证及赔偿，保证卖方在本第6款中的陈述与保证；(d) 如卖方为法人实体，由卖方的受益所有人作出的个人保证及赔偿，保证卖方在本第6款中的陈述与保证，该等证明可以是破产法院作出的批准出售船舶的命令（该命令应规定船舶出售给买方时不附带任何产权负担）；以及 (e) 向买方转让良好且可流通所有权所需的任何其他文件副本。卖方应支付取得任何主管机关所要求的出售授权的所有相关费用，并应充分合作取得该等授权。任何作为法人实体的一方均应在交割前向另一方提供：(i) 证明其根据该实体设立所在州或其他司法管辖区法律处于良好存续状态的证明；(ii) 同意行动或决议，证明该实体已适当授权作出购买或出售船舶的决定，以及交付或接收船舶和/或签署本《PSA》和/或买卖文件的个人具有相应权限；(iii) 证明交付或接收船舶的个人具有权限的授权委托书；及 (iv) 如为卖方，其电汇信息。\n\n7. 灭失风险；不可抗力。交割前，卖方承担船舶灭失或损坏的风险。如买方验收后船舶受损，且必要修理费用低于购买价的百分之五（5%），并且完成修理所需时间少于30天，则 (a) 卖方可自行选择，在交割前按照良好海事惯例进行修理，使船舶恢复至损坏前的标准，买方可检查该等修理；在此情况下，(b) 买方应支付余款并接收经修理的船舶；且 (c) 交割日应按修理期间的时长予以延长。如买方验收后船舶受损程度更严重，或卖方未行使前述句中的选择权，则任一方可终止本《PSA》，其后果与买方拒绝船舶时相同。任一方的履行义务应在为适应超出该方合理控制范围的不可预见事件（“不可抗力事件”）所必需的范围内暂停，包括但不限于天灾、恐怖主义行为、罢工、停工、骚乱、战争行为、火灾、通信线路故障、计算机病毒、断电、事故、热带风暴、飓风、地震或其他自然灾害。如发生不可抗力事件，本《PSA》中所述期限，包括但不限于交割日，应视为延长至受影响一方得以按照本《PSA》履行义务所必需的时间；但如不可抗力事件使交割日延迟超过30天，任一方均可终止本《PSA》，其后果与买方拒绝船舶时相同。\n\n8. 违约。尽管本协议有任何相反规定，如未在到期时支付保证金，或因买方未履行义务而未完成交割，包括但不限于未能在交割日前支付余款或签署完成购买所需的一切文件：(i) 保证金应由卖方和经纪人保留（或如未支付保证金，买方应向卖方和经纪人支付同等金额），作为约定的违约赔偿金，并作为签署本《PSA》的对价，以完全解决双方之间的一切索赔；(ii) 销售经纪人应向买方返还从买方收到的任何其他资金；以及 (iii) 双方均免除本《PSA》项下的一切义务。买方和卖方同意，保证金应首先用于支付买方或经纪人就船舶产生的任何未付成本或费用，随后百分之五十（50%）分配给卖方，百分之五十（50%）分配给经纪人；经纪人应按照假设已完成出售时佣金本应分配的相同比例分配该款项；但前提是，如破产法院批准本《PSA》后，因买方未履行义务而未完成交割，卖方应从保证金中向挂牌经纪人支付等同于 \\$200,000 的款项；如随后与不同买方完成船舶出售，该款项应计入并减少挂牌经纪人可能获得的任何佣金（根据其与卖方的委托函）。如因卖方未履行义务而未完成交割（为免疑义，不包括破产法院拒绝批准本《PSA》），则保证金及买方根据本《PSA》支付或存入的任何其他款项，应于买方提出要求时返还给买方，或者买方有权要求实际履行。卖方同意，鉴于船舶的独特性、证明损失的困难，以及以其他方式取得适当救济的不便或不可能性，实际履行是合理的。卖方违约时。如因卖方未履行义务而未完成交割，卖方应立即向经纪人支付如交易完成本应支付的同等佣金；但破产法院拒绝批准本《PSA》不构成卖方未履行义务。如破产法院未批准本《PSA》，则本《PSA》应视为终止，其后果与买方拒绝船舶时相同。尽管本《PSA》有任何相反规定，如因任何原因未完成交割（包括 (a) 买方未履行其在本《PSA》项下的义务，(b) 破产法院未批准本《PSA》，或 (c) 买方根据本《PSA》拒绝船舶），卖方有权选择按成本向买方购买检验报告；如卖方行使该选择权，买方应于支付该检验报告成本后立即向卖方提供完整的检验报告。\n\n9. 销售税和使用税。如适用，买方购买船舶应付的销售税或使用税由买方负责，买方应在交割时向销售经纪人/受托人支付应付税款。买方特此就其负责的任何销售税或使用税向卖方和经纪人作出赔偿并使其免受损害。\n\n10. 陈述与保证。卖方和经纪人相信，其中任何一方就船舶提供的任何信息均为良好且正确，并且本着诚信提供该等信息，但并不且无法保证该等信息的准确性。买方陈述并保证，截至交割时，其 (A) 将已对船舶进行全面检查和试航（或已自愿放弃该等权利），并且 (B) 不依赖于卖方或经纪人提供的任何广告、承诺、说明、确认或陈述（无论为口头或书面，于本《PSA》之前或与本《PSA》同时作出）。交割后，买方应视为已按船舶“现状”接受船舶。卖方和经纪人未作出任何明示或默示保证，亦未就船舶状况、其对任何特定用途的适用性或适销性作出任何陈述，所有该等保证及陈述均予以否认。\n\n11. 融资。买方的义务不以买方获得融资为条件。买方陈述，如有必要，其将安排融资。买方陈述并保证，其在交割时拥有足够的现金和/或可用融资以支付购买价。买方还陈述并保证，其与 Ho Wan Kwok（郭文贵）不存在关联或关系，且并非代表 Ho Wan Kwok 或应 Ho Wan Kwok 的要求行事。买方和卖方确认，经纪人并未就买方获得融资的能力、买方获得任何类型船舶抵押贷款的资格，或买方在任何司法管辖区对船舶进行文件登记或注册的能力作出任何陈述或保证。\n\n12. 副本。双方可签署本《PSA》的任意数量相同副本，每一副本均应视为正本（包括通过传真、电子邮件或其他电子方式证明的签名），其效力如同签名均在同一文书上。\n\n13. 约束效力；同时期合同；未来出售。本《PSA》对所有当事方、其继承人、遗产代理人和/或受让人具有约束力。在本《PSA》有效期间，卖方不得出售船舶，亦不得订立任何出售船舶的合同。如未能按照本《PSA》条款完成出售，且买方和卖方在本《PSA》终止后两年内，直接或通过一方拥有或控制的实体，就出售船舶相互订立合同，卖方同意向经纪人支付与本《PSA》所设想交易完成时经纪人本应获得的佣金相同的金额。\n\n14. 托管资金。双方确认：(a) 在资金已结算进入卖方经纪人账户之前，卖方经纪人对定金不承担责任；(b) 资金结算后，卖方经纪人应以托管方式持有定金，且任一经纪人从任何一方收到的任何其他资金，均应为该方以信托方式持有；(c) 卖方经纪人可根据本PSA，在向卖方支付定金或余额之前保留应付给经纪人的佣金；以及 (d) 对于涉及经纪人持有的任何资金的任何争议，买方和卖方应赔偿经纪人与该争议以任何方式相关的法律费用和成本，包括在任何上诉中产生的费用和成本（该义务以托管资金上的留置权作担保），以及与佣金请求相关的费用和成本，但最终不可上诉的破产法院判决认定某经纪人存在故意不当行为或重大过失的除外。\n\n15. 附加条款。_____________________________参见随附的附录。\n\n16. 其他规定。本PSA，包括其附件和附表，构成双方就本PSA标的事项达成的完整协议，并取代此前及同时进行的、与此相关的所有书面、口头或其他形式的谈判、协议、陈述、保证和谅解。如某经纪人成为涉及本PSA的任何诉讼的一方，该经纪人应由被认定违反本PSA的一方或多方偿还其在所有审前、审判及上诉阶段的合理费用和律师费，除非最终不可上诉的破产法院判决认定该经纪人存在故意不当行为或重大过失。如本协议双方之间因本PSA标的事项引起任何争议，胜诉方（包括经纪人）有权获得在所有审前、审判及上诉程序中的合理开支、律师费和成本，除非最终不可上诉的破产法院判决认定该胜诉方存在故意不当行为或重大过失。如本PSA的任何条款、条件或规定因任何理由被认定不可执行，则应在可能的范围内解释该条款、条件或规定，以实现本PSA双方的意图，而非予以排除。在任何情况下，本PSA的所有其他条款、条件和规定均应视为有效且可执行。除本PSA明确规定外，不存在其他明示、默示或其他形式的义务、责任、债务或保证。本PSA不得修改或变更，除非以买方和卖方签署的书面文件作出。由代表任何一方的律师或经纪人发出或向其送达的通知及交付，与由该方发出或向该方送达的通知及交付具有同等效力。所有通知必须采用书面形式，并可通过专人递送、隔夜快递、传真、电子邮件或其他电子方式作出；通知于送达时生效，并应保留送达证明。买方可将本PSA转让给买方的任何直系亲属，或买方和／或其任何直系亲属拥有或控制的任何实体。除此以外，任何一方未经另一方同意不得转让本PSA，且该同意不得被无理拒绝。任何一方不得全部或部分放弃或解除因本PSA产生的任何请求或权利，除非以书面形式作出；任何放弃仅适用于作出该放弃的特定情形。段落标题仅供参考及便利之用。\n\n17. 准据法和争议解决。勾选(a)、(b)或(c)。如均未勾选，则适用(a)。涉及本协议的任何争议应以下列方式解决：(a) [___] 在_____________州（如留空，则为Florida（佛罗里达州））境内的法院解决；(b) [___] 通过在_____________州（如留空，则为Florida（佛罗里达州））进行的具有约束力的仲裁解决；(c) [___] 通过在London（伦敦）、England（英格兰）进行的具有约束力的仲裁解决。如选择(a)或(b)：(i) 本协议应适用并依_____________州（如留空，则为Florida（佛罗里达州））法律解释，不考虑其法律冲突原则；及(ii) 程序应在卖方经纪人主营业所所在县进行；如卖方经纪人在Florida（佛罗里达州）没有办事处，则在_____________________进行（如未注明其他城市，则为Fort Lauderdale, Florida）。如选择(b)，除非适用下列规则，否则应适用仲裁开始时有效的American Arbitration Association（美国仲裁协会，\"AAA\"）《商事仲裁规则》：__________________________________________。如争议金额（包括反请求）不超过USD$1,000,000.00，双方应在发出仲裁通知后二十(20)日内，从International Yacht Brokers Association（国际游艇经纪人协会，\"IYBA\"）保存的仲裁员名册中共同选定一名独任仲裁员。如双方无法就仲裁员达成一致，IYBA有权任命该独任仲裁员。如争议金额较高，双方应各自任命一名仲裁员，该两名仲裁员应共同任命第三名仲裁员。如其在14日内无法就第三名仲裁员达成一致，任一方可请求IYBA从其保存的仲裁员名册中任命第三名仲裁员。独任仲裁员的裁决，或如为三名仲裁员组成的仲裁庭，其中任意两名仲裁员的裁决，对双方均为最终且具有约束力。可向任何有管辖权的法院提起诉讼，以执行任何仲裁裁决或强制进行仲裁。如选择(c)：(i) 本协议应适用并依英国法律解释，不考虑其法律冲突原则；(ii) 双方不可撤销地同意，因本协议引起或与本协议有关的任何争议，均应依《1996年仲裁法》或其任何法定修订或重新制定版本提交伦敦仲裁，但以为使本段规定生效所必需的范围为限；(iii) 仲裁应按照仲裁开始时有效的London Maritime Arbitrators Association（伦敦海事仲裁员协会，\"LMAA\"）规则进行；(iv) 如争议金额（包括反请求）低于USD$100,000，应适用其小额索赔程序；如争议金额不低于USD$100,000且低于USD$400,000，则应适用其中等索赔程序。无论选择何种方案，双方均不可撤销地接受该等法院或仲裁机构的专属管辖，放弃其现时或将来可能对审判地或法院便利性提出的任何异议，同意与该程序有关的所有请求仅由该等法院或仲裁机构裁决，并进一步同意不在任何其他法院或仲裁机构提出与本协议有关的任何请求。双方在已有机会寻求法律顾问意见后，就依据本协议或PSA产生的请求，无论系相互之间提出还是针对任何经纪人提出，均放弃陪审团审判。","key_entities":["Je","Kwok","Ho Wan Kwok","Despins","Paul Hastings"],"ecf_references":[],"word_count":15566,"status":"published","published_at":"2023-06-22 00:00:00","created_at":"2023-06-22","updated_at":"2026-08-23 21:44:15"}