{"id":"court_ctb_1968_0","court":"CTB","case_no":"22-50073","doc_number":1968,"sub_number":0,"doc_type":"ORDER","filed_date":"2023-06-30","title":"UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION EXHIBIT LIST FOR CHAPTER 11 TRUSTEE LUC A. DE","summary_zh":"证据清单及买卖协议附录 —— Ho Wan Kwok 破产案（郭文贵 / Guo Wengui / Miles Guo），CTB 22-50073 ECF #1968（2023-06-30立案）。第 11 章破产受托人 Luc A. Despins 提交 2023 年 6 月 27 日关于出售游艇 Lady May 动议的庭审证据清单及相关营销记录与买卖协议附录，其中与 Herb Chambers Yachting, LLC 的第二份补充协议将游艇购买价格确认为 23,150,000 美元。","summary_en":"Exhibit List and Sales Addenda — In re Ho Wan Kwok (Miles Guo / Guo Wengui), CTB 22-50073 ECF #1968 (filed 2023-06-30). Chapter 11 Trustee Luc A. Despins submits an exhibit list and supporting documents for the June 27, 2023 hearing on the sale of the yacht Lady May, including marketing records and the second addendum to the purchase agreement with Herb Chambers Yachting, LLC setting the purchase price at $23,150,000.","body_en":"Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 1 of 238\n\n**UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\n### **EXHIBIT LIST FOR CHAPTER 11 TRUSTEE LUC A. DESPINS**\n\nIN RE:\n\nHO WAN KWOK, DEBTOR.\n\nCHAPTER 11\n\nCASE No.: 22-50073 (JAM)\n\nECF No. 1858 Motion, Pursuant to Bankruptcy Code Sections 105 and 363, Bankruptcy Rules 2002, 6004(c), and 9014, and Local Rules 6004-1 and 6004 2, Seeking Entry of Order: (I) Authorizing and Approving Sale of the Lady May Free and Clear of Liens, Claims, Interests, and Encumbrances, (II) Authorizing and Approving Purchase and Sale Agreement, and (III) Granting Related Relief Filed by Luc A. Despins on behalf of Luc A. Despins, Chapter 11 Trustee\n\nHEARING DATE(S): June 27, 2023\n\n### **EXHIBITS SUBMITTED BY: Chapter 11 Trustee Luc A. Despins**\n\n### **ATTORNEY:** Nicholas Bassett\n\n| EXHIBIT # | DESCRIPTION | ID/FULL | SUBMIT | WITNESS |\n|-----------|------------------------------------------------------------------------------------------------------------------------------------------|---------|-----------|---------|\n| | | | DATE | |\n| 1 | Yatco.com Listing for Lady May | Full | 6/27/2023 | |\n| 2 | Yachtworld.com Listing for Lady May | Full | 6/27/2023 | |\n| 3 | Edmiston Website on Lady May | Full | 6/27/2023 | |\n| 4 | Edmiston Email Marketing: Lady May –
New CA for sale
(April 28, 2023) | Full | 6/27/2023 | |\n| 5 | Edmiston Email Marketing: Lady May –
Now in Newport,
RI (May 18, 2023) | Full | 6/27/2023 | |\n| 6 | Edmiston Email Marketing: Lady May –
Now enrolled in
the FTZ in Newport, RI, including May 30, 2023 bid
deadline (May 24, 2023) | Full | 6/27/2023 | |\n| 7 | Edmiston Market Overview – Monthly Mailer | Full | 6/27/2023 | |\n\nAPPEAL FILED ON . CHECKED EXHIBITS HAVE BEEN SUBMITTED TO DISTRICT COURT ON .COPIES OF THE EXHIBITS HAVE BEEN RETAINED BY THE BANKRUPTCY COURT\n\n## Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 2 of 238\n\n| EXHIBIT # | DESCRIPTION | ID/FULL | SUBMIT
DATE | WITNESS |\n|-----------|---------------------------------------------------------------------------------------------------------------------------------------|---------|----------------|---------|\n| 8 | PR & Editorial – Boat International Online (May 4, 2023) | Full | 6/27/2023 | |\n| 9 | Online Advertising – Boatinternational.com | Full | 6/27/2023 | |\n| 10 | Online Advertising – Superyachttimes.com | Full | 6/27/2023 | |\n| 11 | Social Media – Instagram | Full | 6/27/2023 | |\n| 12 | Social Media – LinkedIn | Full | 6/27/2023 | |\n| 13 | Sample Email to Initial Bidders and other interested parties
(May 24 and 25,
2023) | Full | 6/27/2023 | |\n| 14 | Edmiston Marketing Report on Lady May | Full | 6/27/2023 | |\n| 15 | Bidder A – Letter of Intent (received May 19, 2023) | Full | 6/27/2023 | |\n| 16 | Bidder A – Bid (received May 30, 2023) | Full | 6/27/2023 | |\n| 17 | Bidder B – Letter of Intent (received May 19, 2023) | Full | 6/27/2023 | |\n| 18 | Bidder B – Bid (received May 30, 2023) | Full | 6/27/2023 | |\n| 19 | Bidder C – Letter of Intent (received May 20, 2023) | Full | 6/27/2023 | |\n| 20 | Bidder C – Bid (received Ma 30, 2023) | Full | 6/27/2023 | |\n| 21 | Bidder D – Letter of Intent (received May 9, 2023) | Full | 6/27/2023 | |\n| 22 | Bidder D –
Email re Increased Offer (received May 22,
2023) | Full | 6/27/2023 | |\n| 23 | Bidder E – Purchase Agreement (received May 17, 2023) | Full | 6/27/2023 | |\n| 24 | Bidder F – Bid (received May 30, 2023) | Full | 6/27/2023 | |\n| 25 | Bidder G – Bid (received May 30, 2023) | Full | 6/27/2023 | |\n| 26 | Declaration of Dirk Johnson in Support of Lady May Sale
Motion, Exhibit C to
Lady May Sale Motion [Docket No. 1858] | Full | 6/27/2023 | |\n| 27 | Purchase and Sale Agreement (including Addendum), dated
as of May 30, 2023,
Exhibit B to Lady May Sale Motion [Docket No. 1858] | Full | 6/27/2023 | |\n| 28 | Second Addendum to Purchase and Sale Agreement, dated
as of June 19, 2023,
Exhibit A to Supplement [Docket No. 1913] | Full | 6/27/2023 | |\n\n### **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\n## **WITNESS LIST FOR CHAPTER 11 TRUSTEE LUC A. DESPINS**\n\nIN RE:\n\nHO WAN KWOK, DEBTOR.\n\nCHAPTER 11\n\nCASE No.: 22-50073 (JAM)\n\nECF No. 1858\n\nHEARING DATE(S): June 27, 2023\n\n**Witness(s) for Chapter 11 Trustee Luc A. Despins**\n\n| Witness Name and Address | Direct | Cross | Redirect |\n|------------------------------------------------------------------------------|------------------------|-------|----------|\n| Luc A. Despins
Paul Hastings LLP
200 Park Avenue
New York, NY 10166 | Nicholas A.
Bassett | n/a | n/a |\n\n## **Exhibit 1**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 1\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n00738222000689980 - FileEil@6/00/2012 Timerado106/22/22/2018 138:40:24Pag 10\n\n### Clyproo\n\n![](_page_4_Picture_2.jpeg)\n\n2014 Year\n\n151' 8\" (46.22m) Length\n\n= < Back to search\n\nम\n\n### LADY MAY 2014 151' 8\" FEADSHIP Motor Yacht\n\n### Newport United States \\$26,500,000 USD\n\nThe 2014 151' 8\" FEADSHIP Motor Yacht LADY MAY is a yacht for sale located in Newport, Rhode Island, United States.\n\n### Case 22-50073 Doc 1930-1 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of10Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 6 of 238\n\n-\n!\"#\n\n|

\\$
%


&
'
(




'
)

(






* |
+
,

-
%

\\$
*
)




*
(




*


*

/




/ |\n|--------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|\n\n### 600 33 22 2 2 0 0 1 5 1 1 5 6 1 8 6 / 8 6 / 8 6 / 2 2 2 2 2 2 2 2 2 2 2 / 2 / 3 / 3 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0\n\n## EVATCO\n\nDISPLACEMENT 776027.16 Lbs LOCATION Newport, Rhode Island, USA\n\n![](_page_6_Picture_4.jpeg)\n\nVIEW ALL PHOTOS\n\n### Full Specifications\n\n| |



!
\"
# |\n|------------------------------------------------------------------------------------------------------------------------------|-----------------------------|\n|






























| |\n\n|

\\$
%


&
'
(




'
)

(



|

*

+
,

-
%

\\$
*
)




*
(




*


*

/

|
/ |\n|-------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|-------|\n| | | |\n\n### Case 22-50073 Doc 1930-1 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 6 ofCase 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 9 of 238\n\n![](_page_8_Picture_1.jpeg)\n\n###\n\n![](_page_8_Picture_3.jpeg)\n\n| |






|


















|






!
\"
# | |\n|---------------------------------------------------------------|--------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|\n| 0
0
0
0
3
3
5
5
7
7
D
D
- | 9
9
3
6
0
8
1
1
1
o
o
c
c
- | i
l
i
l
d
d
0
6
0
/
6
3
/
0
2
/
2
2
/
3
2
3
d
F
F
E
E
t
t
e
e
n
n
e
r
e
e
r
e
2
1
3
0
8 | d
0
6
0
/
6
3
/
0
2
/
2
2
/
3
2
3
8
3
0
0
2
1
5
1
7
4
5
4
:
:
:
: | P
a |\n| | | | | |\n| | | | | |\n| | | | | |\n\n### Case 22-50073 Doc 1930-1 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 8 ofCase 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 11 of\n\n![](_page_10_Picture_1.jpeg)\n\n Case 22-50073 Doc 1930-1 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 9 ofCase 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 12 of\n\n![](_page_11_Picture_1.jpeg)\n\n![](_page_11_Picture_2.jpeg)\n\n### Case 22-50073 Doc 1930-1 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 10 ofCase 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 13 of\n\n## -\n!\"#01410 238\n\n### **Exhibit 2**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 2\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### 10003622DD 06.9002 FFileddl@00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\n![](_page_14_Picture_1.jpeg)\n\n2014 Feadship LADY MAY | 46m \\$26,500,000 (£20,812,145) Price Drop: £4,138,202 (31 May) United States\n\n### - BASICS\n\n| Year: | 2014 |\n|----------------|-----------------|\n| Make: | Feadship |\n| Class: | Motor Yacht |\n| Length: | 46.22m |\n| Fuel Type: | Diesel |\n| Hull Material: | Aluminium |\n| Offered By: | Edmiston Monaco |\n| | |\n\n### - DESCRIPTION\n\n2014 Feadship\n\n## 1000%2220000690000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000\n\nIn light of multiple offers received to date, the bankruptcy contrappointed trustee (who owns the Lady May) has determined to invite any and all interested parties to present their final and best offers by Tuesday May 30th at 5:00 pm (ET). Offers must comply with certain conditions, including a minimum purchase price of \\$20 million.\n\nDelivered by the renowned Feadship de Vries yard in 2014, LADY MAY shines on the water thanks to her dazzling silver paintwork and unprecedented use of glass, with her tall vertical bow and daring whaleback sheer adding to her presence.\n\n### - CONTACT INFORMATION\n\nPlease contact Jamie Edmiston at +377 (0)93 30 54 44\n\n### + OTHER DETAILS\n\n### Disclaimer\n\nThe Company offers the details of this vessel in good faith but cannot guarant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.\n\n### + FEATURES\n\n### Electrical Equipment\n\nGenerator: >\n\n### Electronics\n\n| Radar: | > | |\n|------------------------------|---|--|\n| Wind Speed and Direction: √ | | |\n| Computer: | 1 | |\n| TV Set: | 1 | |\n| Navigation Centre: | 1 | |\n| DVD Player: | 1 | |\n| Autopilot: | 1 | |\n| Radio: | 1 | |\n| Compas: | 1 | |\n| GPS: | 1 | |\n| VHI | 1 | |\n\n### Inside Equipment\n\n| Stern Thruster: | |\n|------------------|----|\n| Dishwasher: | .1 |\n| Bow Thruster: | 1 |\n| Washing Machine: | |\n| Oven: | |\n\n### 600 362 2 2 2 0 0 6 9 0 0 2 7 1 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 238 J Microwave Oven:\n\n| Air Conditioning: | |\n|--------------------|---|\n| Heating: | > |\n| Hot Water: | 1 |\n| Refrigerator: | 1 |\n| Fresh Water Maker: | 1 |\n| Deep Freezer: | |\n\n### + PROPULSION\n\n### Engine 1\n\n| Engine Make: | CAT |\n|---------------|-----------|\n| Engine Model: | C32 ACERT |\n| Total Power: | 1900.23hp |\n| Fuel Type: | Diesel |\n\n### Engine 2 1\n\n| Engine Make: | CAT |\n|---------------|-----------|\n| Engine Model: | C32 ACERT |\n| Total Power: | 1900.23hp |\n| Fuel Type: | Diesel |\n\n### + SPECIFICATIONS\n\n### Speed & Distance\n\n| Cruising Speed: | 15kn |\n|-----------------|--------|\n| Max Speed: | 19kn |\n| Range: | 3000nm |\n\n### Dimensions\n\n| Length Overall: | 46.22m |\n|-----------------|--------|\n| Max Draft: | 2.2m |\n| Beam: | 9m |\n\n### Tanks\n\nFresh Water Tank: Fuel Tank: Holding Tank:\n\n### Accommodations\n\nhttp\n\n### 10003622DD 06.9002 FFileddl@00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\n5 Cabins: 10 Heads:\n\n### **Exhibit 3**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 3\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_19_Picture_0.jpeg)\n\n### Overview\n\noverview\n\n## Lady May yacht for sale\n\nPHOTOS SPECIFICATION\n\n## A sleek and innovative yacht from Feadship, with naval architecture by Dubois and interior styling from Redman Whiteley Dixon, LADY MAY is a class apart from any other yacht her size.\n\nPRICE\n\nSAVE YACHT\n\nCOMPARE\n\nTENDERS & TOYS\n\nFeaturing a moden, near-vertisal bow and what he 2015 World Superyant Awards in the categories of exterior design, raval active and interior design.\n\nIn 2019, LADY MAY underwent a comprehensive refit that included a full repairt and successful completion of her 5-year Lloyd's survey\n\nLADY MAY baastan uprecedented use of glass, with ships on the flyinitige and main desk facilitating a with an ceraris. A radialy different nast design, a rotating floor in the main lounge and an exceptionally large refrigeration capacity all add to her allure.\n\nWithin, witternable, starless sted trim, Macasted oak joinery create a modern, sophisticated and calminginterior. Matral lithe maximised trroughed the interin\n\nREAD MORE\n\nat a Glance\n\nFeadship pedigree\n\nAward winning design by Dubois and RWD\n\nExtensive use of glass for panoramic views throughout the vessel\n\nMagnificent bar extending from main salon onto aft deck\n\nExpansive views in owner's suite on main deck\n\nPartially enclosed and air conditioned sundeck\n\nCommitted seller\n\nCaase22560033 Dood9968 Filterb006820123 Enterect100080123118370024 Pregge21 of 5\n\n238\n\n![](_page_20_Picture_2.jpeg)\n\n![](_page_20_Picture_3.jpeg)\n\n2 / 19\n\n![](_page_20_Figure_5.jpeg)\n\n2.20M / 7 FT\n\nPhotos\n\n## Photo Gallery\n\nLatest photos of Lady May\n\n![](_page_20_Picture_10.jpeg)\n\n| Case 22-50073
Case 22-50073
| Doc 1930-3
Doc 1968 | Filed 06/30/23
Filed 06/22/23
238 | Entered 06/30/23 15:37:05
Entered 06/22/23 18:40:24
| Page 22 of
Page 4 of 5 |\n|------------------------------------|------------------------|-----------------------------------------|------------------------------------------------------------|---------------------------|\n| | | | ! | |\n| \"#\\$ | | | % | |\n| \"&\\$ \\$ | | | !'()*+,-.(/) | |\n| | | | -0'123* | |\n| \"4 | | | 5 | |\n| # \\$67 | | | 8*90:;/< | |\n| =\\$7\\$ | | | 012'/:)9>939+?;/.*?.: | |\n| \\$\\$7\\$ | | | +*0@9)(;/.*3*A0/B') | |\n| C | | | -!D-!E+*8/*0 | |\n| \" \"\\$ | | | 931@/)/1@ | |\n| \\$ | | | -B?9.*+ 339+F!,E; | |\n| \" \\$\\$H7 | | | !%I)'.: | |\n| | | | | |\n| | | | | |\n\n--\n\n- JKLMNOPQRST\n\n## UMOVMSWXUYTW\n\n4Z[[Z\\]^\\_Z`^`[a`bcdedcfgh\n\n-\n\n## iSRjM\n\nk-,%,lmn\n\n)'.8'+:93\\*.'1:+\\*:/0\\*).:/)1:(9.\\*+: \\_o`pbZ^Zqrstbg`\\uso`o`^^`[Zq`Zbg`phpZqb`\\_hvu[Zw\\bZsq^sqbg`Zqb`pq`bspZq\\qxsbg`p]`\\_Zv]Z^qsbh`p]Zbb`\\_yZbgsvbhpZsph`p]Z^^Zsqtps]bg`yq`poZ\\bg`\"`qbp\\[r`qbz [[h\\pbZwv[\\p^\\p`rZo`qZqrss\\_t\\Zbg\\q\\_\\p`u`[Z`o`\\_bsu`wspp`wbuvbw\\qqsbu`rv\\p\\qb``\\_z\n\n -\n\n## {O|MSMW|MVRO|}RWTKj}|~\n\n\"\"\n\n| Case 22-50073
Case 22-50073


| Doc 1930-3
Doc 1968 | Filed 06/30/23
Filed 06/22/23
238 | Entered 06/30/23 15:37:05
Entered 06/22/23 18:40:24 | Page 23 of
Page 5 of 5 |\n|---------------------------------------------------------------------------------------------|------------------------|-----------------------------------------|--------------------------------------------------------|---------------------------|\n|
| | | | |\n|


| | | | |\n|

| | | | |\n| !\"#
\\$ | | | | |\n| %&
'()


















| | | | |\n| * &
'()


















| | | | |\n| ' %7
899&&()


















| | | | |\n| #7:;()


















| | | | |\n| +
'&& ,() | | | | |\n|


















| | | | |\n| | | | | |\n| | | | | |\n\n-./0-1/23456\n\n-\n\n<=>?@-ABCD= EFGG-HF-FI-JK-KK\n\nD=>L=> EKK-MI-GKHJ-JNJN\n\n>@O-P=CQ EN-MNM-GHM-JFGI\n\n> WS@O-BDD =XC-=YYSA@Z-[\n\n<@RSA=-AS?P EJM-JJJ-MTI-HJGK\n\n>@OU=C? EN-KIN-VNH-MMII\n\n> \"-8 -\\8-]-\\*^8\\*-]-\"\\_8\\$ -] #\\8\"-]--]- `a-\\# -]-8\\*\\*-^ #-\\_\n\n### **Exhibit 4**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 4\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_24_Picture_0.jpeg)\n\n### --\n-\n\n-- - !\"# \\$#-# &\n\n>\n\n> > -&-%#\n\n![](_page_24_Picture_5.jpeg)\n\n12345246789:98;<;=>?@?A?;:?A<9?7BCD899EFG:H9DGAG;CA77>98;AFG;A7F97;:H? BDI6>GAC?8;AJ8G;A?@KB8@GDG:8:G;C8FGA?>8;C?7B7<:A77>LG;A77>9@?;8>G79M2>8AG@8DDI AGBB?>?;:J89:A?9GC;E8>7:8:G;CBD77>G;:H?J8G;D7<;C?8;A8;?N@?=:G7;8DDID8>C? >?B>GC?>8:G7;@8=8@G:I8DD8AA:7H?>8DD<>?M\n\n OG:HG;EFHG:?J8>6D?E9:8G;D?999:??D:>GJE58@8998>?67;I@86G;?:98;A6D?8@H?A78K P7G;?>I@>?8:?8J7A?>;E97=HG9:G@8:?A8;A@8DJG;CG;:?>G7>MQ8:<>8DDGCH:G9J8NGJG9?A :H>7G7>7B:H?R?99?DE@7J:H?7F;?>S9\n\nPerfect for entertaining thanks to her vast one-level, fully air-conditioned upper bridge, LADY MAY will offer her new owner an unmatched on-water experience, whether on deck or inside.Her Bahamas-friendly shallow draft means there are few waters she cannot access.\n\nIn 2019, LADY MAY underwent a comprehensive refit that included a full repaint and successful completion of her 5-year Lloyd's survey.\n\nLady May is offered under court order and any transaction is subject to court approval.\n\n## Key features\n\n- · Feadship pedigree\n- · Award winning design by Dubois and RWD\n- · Extensive use of glass for panoramic views throughout the vessel\n- Magnificent bar extending from main salon onto aft deck\n- · Expansive views in owner's suite on main deck\n- · Partially enclosed and air conditioned sundeck\n- Committed seller\n\n\\*Not for sale to US residents whilst in US waters.\n\nAlso please note - Lady May II, a Windy 52 blackbird, is also available as a separate listing.\n\n![](_page_25_Picture_14.jpeg)\n\nClick here to unsubscribe\n\n### **Exhibit 5**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 5\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_27_Picture_0.jpeg)\n\n### --\n\n--- !\n\"# \\$#-%\\$& #!\n\n![](_page_27_Picture_4.jpeg)\n\n![](_page_27_Picture_5.jpeg)\n\n -,\n!\n# !\n/\n\n2345635789:;:9<=<>?@A@B@<;@B=:@8CDE9::FGH;I:EHBH;H8<9EEJE9?D@ ?@C?HD@?9;H89AH;J9EE9BB;8I@?9EE=?@N\n\n PH;IH\n\n![](_page_30_Picture_4.jpeg)\n\n![](_page_30_Picture_5.jpeg)\n\n##\n\n234567689::5:;4<7=>?4@A834A5:468B47C635>D97?58E@:76>@F8EGH=I9J@56 7?9=5:9=39??K5837:5==7L9?784MNI5:84F5@FO\n\n PQRSTUVWXYZRVS[R\\WXX\\]^]\\\\_\\S`\\aVWabV\\cVU\\dbQe]Z[V\\_f\\_WZ]Vb[[WSQV\\aV]Z^V\\\\ ghUWWhQ^VU\\ibafjbfkUb^a\\V\\]YSQ\\aVWSQ`SV\\bQfbQabRRSQV\\]\\^V\\a[b]VS\\^VW []\\^\\QVVU\\S]XSQbRbQad\\^VWXX\\]^dflZ\\^abfjbfmnVUbVopnn[YgqlkrsAA4F6=968 L@=>?EK583L4F875:L@:C585@:65:L?9C5:;7=5:5=9=>9FL3764>F5L4@Atuv=5??5@:\n\nAll offers are subject to bankruptcy court approval.\n\nPlease contact Dirk Johnson for further details, including offer conditions.\n\n### Key features\n\n- Feadship pedigree .\n- · Award winning design by Dubois and RWD\n- · Extensive use of glass for panoramic views throughout the vessel\n- Magnificent bar extending from main salon onto aft deck\n- · Expansive views in owner's suite on main deck\n- Partially enclosed and air conditioned sundeck\n- . Committed seller\n\nAlso please note - Lady May II, a Windy 52 blackbird, is also available as a separate listing.\n\nView web page\n\n![](_page_31_Picture_12.jpeg)\n\nBroker Dirk Johnson\n\nOffice\n\nNewport\n\nTelephone +1 401 965 9189\n\nEmail daj@edmiston.com\n\nCharter Buy Sell Build\n\nManage\n\n![](_page_31_Picture_19.jpeg)\n\nClick here to unsubscribe.\n\n### **Exhibit 7**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 7\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_33_Picture_0.jpeg)\n\n- !\n! -\"#\\$%& '--%& ()\\*+\n\n, % (!\n! -\\$--.\n\n/\\$0\\*12 1-2(3\n+, 412\n5(\n6\n,5, 3+ 63 -74-. 84#&% (, !3 4&% / 6\n\n 4-# /9:,;;\n\n![](_page_33_Picture_6.jpeg)\n\n- < <\"\n+<\\*22=\\*2\\*- )%\\*>22>222\n\n![](_page_33_Picture_8.jpeg)\n\n3< 22>2227@A+\n\n## Case 22-50073 Doc 1930-7 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 5 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 35 of\n\n-\n\n-\n\n -\n\n2\n\n--\n\n +,\n-\n\n--\n\n> -1--\n\n-\n\n---\n- ---- ---- -- -- -\n -\n!\"-!-#-- \\$-- -\n-- - ----\"\n- - -\"\n\n%\n& %'()\n - ! \\* 238\n\n789:9;<=>??@ABC@DEF;G9@HIIJKLMLL NBOIMMOMMM\n\n------P --Q - - --\n-- -- - - !-- -\n\n-- - ,\"- +\n- R \\$ - !-- --- -\\*\n -\n\n- )\n\n![](_page_34_Picture_5.jpeg)\n\n!--\n\n0\n -\n\n\" !\"-\n\n3 -\n\n-\n\n-.\n\n /-\n!\n\n-\n\n-- -\n\n -\n\n \\$ -\n -\n\n---\n\n-\n\n#\n\n- -\n\n -\n\n\\*45%6\n\n!\n\nSGTT@ABC@:89UTVGWOX8YZG8T@LMH[KLMLL NLBO[MMOMMM\\]Y^\\_W9GU\n\n`--\n\n-!\"-6-1 , -- ! ab##\n \\$-- ---- -\"\n1\n - -- \\* --- -Q - -\" -- !- -- - /-- -\n\"- -- -!- - !-\n-\n\n![](_page_34_Picture_8.jpeg)\n\n### c9Ude9d@AfC@:89UTVGW@LMHAKLMHI gLfO[MMOMMM\n\n0\n\nQ - ! h!\n0h - -1- - - - - - - Q- -\"\n\n-! -1--\n\n--\" !\"h\"+\n\\$R6hi6i - - j--- ! \\*\n\n![](_page_34_Picture_11.jpeg)\n\n### 7=T9@JkC@79>;=Z8>l=@LMHkKLMLJ NHJO[MMOMMM\\]Y^\\_W9GU\n\n----Q - - - -1-- --- )!\"- %\nh\n- #`#6 \\$ -\\* -1\n\n -\n\nQ ! - - -\n-- -\n - m6\n\n!- - -5#64\n --\n-\n\nCaase22580033 Dood9968 FilterHomb20123 Enteredd0000023118340004 Proge360f5 +60m charter yachts with summer availability in the Mediterranean\n\n![](_page_35_Picture_1.jpeg)\n\nPhoenix 2 | 90m | Lürssen | 2010/2019 €1,150,000 per week\n\nAvailable from 14 August in the East Med or 16 August in the West Med, \"this Art Deco-inspired yacht is the height of on-the-water opulence\" says broker Matthew Gant. It comes with every conceivable amenity, including both indoor and outdoor cinemas, three pools, a wellness centre, and an eye-watering array of toys.\n\n![](_page_35_Picture_4.jpeg)\n\nDar | 90m | Oceanco | 2018 €1,200,000 per week Available from 13 August in the West Med, this luxury yacht with a dedicated Master deck with ocean views, a spa, and sea-view gym is perfect for charter guests looking for the utmost discretion. Broker Anne Lebernicheux says \"her specially designed glazing ensures guests can enjoy their holiday away from prying eyes.\"\n\n![](_page_35_Picture_6.jpeg)\n\nSunrays | 86m | Oceanco | 2010/2018 €1,150,000 per week Available from 4 to 12 August in Naples, SUNRAYS has the kind of features other yachts can only dream about, including an outstanding Master suite, a sun deck with semi-enclosed bar, three Jacuzzis, plus a pool. In addition, broker Charlotte Hanlon says \"the lavish spa and lounge can convert into a home cinema.\"\n\n![](_page_35_Picture_8.jpeg)\n\nM'Brace | 74m | Abeking & Rasmussen | 2018 POA\n\nAvailable for charter in the West Med this August, \"M'BRACE is one of the most head-turning yachts afloat today\" according to broker Robert Shepherd. She's won many awards for her design and comes with unimpeachable Northern European credentials, flexible accommodation, a jaw-dropping pool and a split-level sun deck.\n\n![](_page_35_Picture_11.jpeg)\n\nAndrea | 74m | CRN | 2017 from €890,000 per week\n\n![](_page_35_Picture_13.jpeg)\n\nResilience | 65m | ISA | 2021 from €600,000 per week\n\n## Casee22580033 Dood9968 Filters000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000\n\nAvailable from 18 August in the South of France, 239 Available from 23 August to 7 September, this ANDREA's amenities include a private terrace, indoor and outdoor cinema, sun deck Jacuzzi, glass-bottomed pool, and an enormous fold-out beach club, which all give her huge charter appeal. In fact, she ticks so many boxes, broker Charles Carveles says \"she really has everything.\"\n\nexquisite yacht was new to charter last season and comes with a raft of amenities. Broker Hannah Wolstenholme says \"her pool, Jacuzzi, vast beach club and cinema under the stars, plus Master suite with fold-down balconies, will keep even the most demanding of guests satisfied.\"\n\nView the full charter fleet\n\n## Company news\n\n![](_page_36_Picture_5.jpeg)\n\n### Edmiston and Gulfstream at EBACE\n\nEarly May, Edmiston was appointed the UK and Channel Islands sales representative for US aircraft designer and developer Gulfstream, which shares our commitment to sustainability and is one of the biggest names in the aerospace world. This week, Edmiston is with Gulfstream at EBACE in Geneva, followed by the Monaco Grand Prix. To find out more, please contact us.\n\n![](_page_36_Picture_8.jpeg)\n\n![](_page_36_Picture_9.jpeg)\n\nClick here if you don't wish to receive these messages in the future.\n\nCharter\n\nSales\n\nNew Build\n\nManagement\n\n### **Exhibit 8**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 8\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_38_Picture_0.jpeg)\n\n### 46m Feadship motor yacht Lady May for sale with Edmiston\n\n4 May 2023  • Written by Nick Jeffery\n\nThe 46.2-metre motor yacht Lady May is now listed for sale by Dirk Johnson of Edmiston after a change of central agency.\n\nBuilt of aluminium by Feadship in the Netherlands in 2014, Lady May was refitted in 2019, which included a full repaint. Her elegant exterior is by the late Ed Dubois, sporting a near-vertical bow and gently-sweeping sheer, while her contemporary, clean interior is from RWD (formerly Redman Whiteley Dixon).\n\n### Case 22-50073 Doc 1930-8 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 8Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 40 of\n\n![](_page_39_Picture_1.jpeg)\n\n![](_page_39_Picture_4.jpeg)\n\n-!\" !\n-#\n\\$# % -\"\\$%## -&-'\n\n### 10003822DD0049008 PFFleatlett9002230022300000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000\n\n![](_page_40_Picture_1.jpeg)\n\nTwin 1,900hp Caterpillar diesel engines give the 406GT yacht for sale a cruising speed of 15 knots.\n\n![](_page_40_Picture_3.jpeg)\n\nLady May is asking \\$26,500,000. She is offered \"under court order\" and any transaction is subject to court approval.\n\n### more about this yacht\n\n![](_page_40_Picture_6.jpeg)\n\nLADY MAY Feadship 46.22 m · 2014\n\n------------------------------------------------------------------------------------------------------------------------------------------------------------------------------\n\nFeadship Motor Yacht Lady May for Sale\n\n|















































N
O
9
:
=
P
G

D
9
8
B | |\n|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|\n| N
O
9
:
=
P
G

D
9
8
B | |\n| N
O
9
:
=
P
G

D
9
8
B
N
O
9
:
=
P
G

D
9
8
B | |\n\n()\\*)+,-.,/01(23-(,+4 NO9:=PGD98B\n\n5-)6 +4 789:;<=>? @ABCD?EFGH8;I? J@KLM\n\n## Case 22-50073 Doc 1930-8 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 6 of 8Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 43 of\n\n![](_page_42_Picture_1.jpeg)\n\n###\n\n V)\n\nPQ125R><10::\n\nPQ125R><10::\n\nPQ125R><10:\n\n+FIJLFMNOGPQ125R><10::\n\nPQ125R><10::\n\nPQ125R><10:\n\n## -\n\n## 3456789:5;<<3456789:5;<<3456789:5;)
*
+
3
4
5
6
7
8
9

:
5 |
,
)

-
/
0
1
2
;
< | 3
4
5
6
7
8
9

:
5
;
< | | 3
4
5
6
7
8
9

:
5
;
< | |\n|---------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|---------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|\n| 3
4
5
6
7
8
9

:
5
=
-
*
0 | ;
<
2
)
1
>

?
@
2
/
0
A | 3
4
5
6
7
8
9

:
5
;
< | | 3
4
5
6
7
8
9

:
5
;
< | |\n| | | | | | |\n| 3 | 4
5
6
7
8
9

:
5
;
<
< | 3
4
5
6
7
8
9
| :
5
;
<
< | 3
4
5
6 | 7
8
9

:
5
;
< |\n| | | | | | |\n| | | | | | |\n| B
;
8
C
7

D
E
< | F
:

D
G
F
9
H
;
I
C

D | J
;
5
6
I
K
7
L

D
M
<
N

:
| D
G
9
H
;
I
C

D | O
;
I
C
L
4
P

D
E
N
: |
D
G
9
H
;
I
C

D |\n| 3 | 4
5
6
7
8
9

:
5
;
<
< | 3
4
5
6
7
8
9
| :
5
;
<
< | 3
4
5
6 | 7
8
9

:
5
;
< |\n| | | | | | |\n| | | | | | |\n| Q
5
R
:
;
P

S
4
K
8
I


|
D
E
T
<
M
:

D
G
9
H
;
I
C

D



!
\"



| U
H
8
I
;
V
P

D
W
T
<

:





!








#


\\$


#


|
D
G
N
9
H
;
I
C

D
%


\"


\\$

| O
7
6
;
P

D
X
E
<
N
G

:

D | G
E
9
H
;
I
C

D
%
#


#


&


' |\n| | | | | | |\n| | | | | | |\n| | | | | | |\n| | | | | | |\n\n### 1000%222000049008 Filead 06969690000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\nBoatpro is the world´s leading superyacht market intelligence platform\n\n![](_page_44_Picture_2.jpeg)\n\nAbol Adve Con Care Tern Coo Privi Site\n\n### More from BOIAT Intennational\n\n| t Us | Yachts | Events |\n|---------------------|-------------------|---------------|\n| rtising & Media Kit | Market Intel | Boat Business |\n| act Us | Yachts For Sale | Boat Pro |\n| ers | Charter | Shop |\n| s of Use | Destinations | |\n| ie Policy | Boat Life | |\n| cy Policy | Virtual Boat Show | |\n| мар | Boat Presents | |\n| | | |\n\nFollow us on\n\nSubscribe\n\n![](_page_44_Picture_6.jpeg)\n\n### Sign up to aun newislettens\n\nSign up to BOAT International email newsletters to get the latest superyacht news, business analysis, exclusive event invitations, and more\n\nSIGN UP\n\nA BACK TO TOP\n\nBoat International Media Ltd @ 2008 - 2022.\n\nContent presented under the \"BOAT Presents\" logo is and Boat International Limited has been paid to include this content\n\n### **Exhibit 9**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 9\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\nJune 27, 2023 admitted in full\n\nR. Senteio\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_46_Picture_0.jpeg)\n\n###\n\n| 0
1
2
3
4

5
6
7
8
9
:
;
<
2
=
C
D
E
F

G
K
L

M
N
+
>
?
@
A
B
A
H
I

J
I
> | C
O
-
@
A | D
S
P
Q
>
R | F
O
K
C
L

G
-
>
+
T
U
>
Q
>
- | K
O
V
>
,
/ | @
W
>
J
A |\n|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------|----------------------------|-----------------------------------------------------------------------------|----------------------------|-----------------------|\n| | | | | | |\n| | | | | | |\n| | | | | | |\n\n-!\"#\\$%#&#--\n\n'(%'%#-&' )\\*-\n\n### Case 22-50073 Doc 1930-9 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 6Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 48 of\n\n238\n\n-\n\n| +
,
-
/ | J
K
L
M
N
O
N
M
P
Q
N
R
S
J
0
1
2
3
4
5
6

+
,
-
6
/ |\n|------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------|\n| 7
,
8
9
:

;
<
=
/ | 7
,
8
9
:

>
5
?
<
=
/ |\n| | |\n| | |\n| | |\n| | |\n| @
5
3
A
B
1
/
D
E
:
1
3
4

F
6
3
G
H
1
/ | +
,
2
A

C
1
8
9
3
:
/
I
H
:
1
3
4

F
6
3
G
H
1
/ |\n| | |\n| | |\n\n![](_page_47_Picture_5.jpeg)\n\n## Case 22-50073 Doc 1930-9 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 4 of 6Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 49 of238\n\n![](_page_48_Picture_1.jpeg)\n\n+,-./012-34\n\n+,-./012-34\n\n+,-./012-34\n\n### - QR78;STB76@Case 22-50073 Doc 1930-9 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 5 of 6Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 50 of238\n\n# +,-./01234/.20\n\n56789:;<=>?@AB=AC D QR78;STB76@@\n\n56789:;<=?A@EFB=GHA QR78;STB76@@\n\n56789:;<=?I@>B=GH> QR78;STB76@\n\n![](_page_49_Figure_6.jpeg)\n\n###\n\n### OZX=KOT:G-4K12[,B0@OP9SRX:OSX=YKCase 22-50073 Doc 1930-9 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 6 of 6Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 51 of\n\n 238\n\n![](_page_50_Picture_6.jpeg)\n\n# OTHA1@.\n\n![](_page_50_Picture_8.jpeg)\n\n| E
L
,
A

\\
@
E
6
I
1
2
3
@
0
H

]

5
1
6
3
-

^
>
,
0
-
M

\\
@ | `
-
M
B
@
5
-
2
V
1

/
0
1
4
`
-
M
B
@

a
,
2
U
-
4
1 | e
I
1
0
@
+
,
-

+
A
@
3
0
1
+
,
-

G
2
, |\n|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------|\n| >
-
2
1
@ | >
B
-
2
1 | U
B
,
? |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| F
1
2
K
@

,
J
\\
@
1
>
,
,
V
3
1

G
,
4
3
M
_
G
2
3
I
-
M
_

G
,
4
3
M
_
U
3
1

5
-
? | b
1
@
3
0
-
,
0
@
+
,
-

7
3
J
1
c
3
2
A
-
4

+
,
-

U
B
,
d
+
,
-

G
2
1
@
0 | |\n| | | |\n\n 2@,H1. B 4-.@\n\n-.3,0-45163-7.689:;<9:=12.B1C+DEFG21@0.C4,H3@-06I12.3@0HJ1-.A21-06+,-./012-.3,0-473K3.16B-@L10?-36.,30M4A61.B3@M,0.1=U3H0A?.,+DEF/0.12-.3,0-41K-3401d@4.@A?12\\_-MB.01d@RLA@301-04\\_@3R1fM4A@3I10.3I.-,0@R-6K,21=+E>^FDDG\n\n+,-./012>,0.1 ?21@ 0.6A0\n\n## **Exhibit 10**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 10 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_52_Picture_0.jpeg)\n\n## Lady May Yacht **FOR SALE PREMIUM**\n\nEx: Como\n\n46.22 m (151'6\" ) | 406 GT | [Feadship](http) | 2014 | **\\$26,500,000** (€24,187,610)\n\n![](_page_52_Picture_4.jpeg)\n\n### **Lady May Yacht Overview**\n\n### **About Lady May Yacht**\n\nLady May is a motor yacht with an overall length of 46.22 m. The yacht's builder is [Feadship](http) from The Netherlands, who launched Lady May in 2014. The superyacht has a beam of 9 m, a draught of 2.2 m and a volume of 406 GT.\n\nLady May features exterior design by Dubois Naval [Architects Ltd. and interior design by RWD.](http) Up to 10 guests can be accommodated on board the superyacht, Lady May, and she also has accommodation for 8 crew members, including the ship's captain. Lady May has an [aluminium](http) hull and an [aluminium](http) superstructure. She is powered by 2 Caterpillar Inc engines, which give her a top speed of 19 kn. The yacht carries 51,000 litres of fuel on board.\n\nIn the world rankings for largest yachts, the superyacht, Lady May, is listed at number 1359. She is the 131stlargest yacht built by Feadship. Lady May's owner is\n\n### Case 22-50073 Doc 1930-10 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 54 of\n\nshown in [SYT iQ](http) and is exclusively available to subscribers. On SuperYacht Times, we have 31 photos of the yacht, Lady May, and she is featured in 25 yacht news articles. 7 238\n\nLady May is for sale at an asking price of \\$26,500,000 , and can be purchased via [Edmiston.](http]) There are currently 1,741 [yachts for sale](http) in the world. It is not yet known whether or not Lady May has a superyacht infotainment system by [YachtEye.](http)\n\n### **Lady May Yacht is for sale**\n\n![](_page_53_Picture_4.jpeg)\n\n![](_page_53_Picture_5.jpeg)\n\nLady May yacht owner, broker or captain, use the Update Sales Info link to report any changes in the sales information. Update sales info\n\n**[Contact Broker](#page-56-0)**\n\nADVERTISEMENT\n\n![](_page_53_Picture_9.jpeg)\n\n**Lady May Yacht Exterior All Exterior Photos**\n\nLady May is a 46.22 m motor yacht with a volume of 406 GT. The exterior architecture was designed by Dubois Naval Architects Ltd..\n\n**EXTERIOR DESIGNER** [Dubois Naval Architects Ltd.](http)\n\n### Case 22-50073 Doc 1930-10 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 4 of 7 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 55 of 238\n\n![](_page_54_Picture_1.jpeg)\n\n![](_page_54_Picture_2.jpeg)\n\n### **Lady May Yacht Interior**\n\n**All Interior Photos**\n\nLady May is a 46.22 m motor yacht with a volume of 406 GT. The interior architecture was designed by RWD.\n\n**INTERIOR DESIGNER** [RWD](http)\n\n![](_page_54_Picture_7.jpeg)\n\n### **Lady May Yacht Specifications**\n\n| DIMENSIONS | |\n|----------------|---------|\n| OVERALL LENGTH | 46.22 m |\n| BEAM | 9.0 m |\n| DRAUGHT MAX. | 2.2 m |\n| GROSS TONNAGE | 406 |\n| BUILD | |\n\n**BUILDER**\n\n### Case 22-50073 Doc 1930-10 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 5 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 56 of\n\n| | 238
7
Feadship |\n|----------------------------|------------------------------|\n| PORT | Aalsmeer |\n| COUNTRY | Netherlands |\n| YEAR | 2014 |\n| MATERIAL | |\n| HULL | Aluminium |\n| SUPERSTRUCTURE | Aluminium |\n| DESIGN | |\n| NAVAL | Dubois Naval Architects Ltd. |\n| EXTERIOR | Dubois Naval Architects Ltd. |\n| INTERIOR | RWD |\n| VESSEL DETAILS | |\n| PREVIOUS NAMES | Como |\n| TYPE | Motor |\n| SUBTYPES | Flybridge |\n| CLASS | Lloyd's Register |\n| HULL TYPE | Mono Hull |\n| HULL CONFIGURATION | Semi-displacement |\n| NUMBER OF DECKS | N/A |\n| ACCOMMODATION | |\n| NUMBER OF GUESTS | 10 |\n| NUMBER OF CREW | 8 |\n| CREW CABINS | 4 |\n| PERFORMANCE & CAPABILITIES | |\n| MAX. SPEED | 19.0 kn |\n| CRUISE SPEED | 15.0 kn |\n| SPEED/RANGE | 14.0/3000 n/M |\n| FUEL CAPACITY | 51,000 L |\n| WATER CAPACITY | 16,000 L |\n\n**PROPULSION**\n\n### Case 22-50073 Doc 1930-10 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 6 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 57 of\n\n| TYPE | 238
7
Propellers |\n|--------------------|------------------------|\n| COUNT | 2 |\n| | |\n| ENGINES | |\n| MANUFACTURER | Caterpillar Inc |\n| MODEL | C32 |\n| TYPE | Diesel |\n| POWER | 1,417 kW 1,900 HP |\n| COUNT | 2 |\n| TOTAL POWER OUTPUT | 1,417 kW 1,900 HP |\n\n![](_page_56_Picture_2.jpeg)\n\n### **Contact Broker**\n\n\n\n| ASKING PRICE | |\n|----------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------|\n| \\$26,500,000
€24,187,610 | Send enquiry |\n| Lady May yacht owner, broker or
captain, use the Update Sales Info link to
report any changes in the sales
information. Update sales info | RECIPIENT |\n| LISTED BY | Edmiston
FULL NAME |\n| Edmiston | E.g. Jane Doe |\n| Call Broker | WORK EMAIL |\n| | e.g. jane.doe@domain.com |\n| | ENQUIRY |\n| | E.g. Hello, could you please send
me more information about the
yacht Carinthia VII? |\n| | |\n| | Send enquiry |\n\nLoading...\n\n## **Newsletter**\n\n![](_page_57_Figure_4.jpeg)\n\n[Go to SYT shop](http)\n\n### **Yachts See All** [Sailing Yachts](http) [Motor Yachts](http)\n\n### **By Shipyard**\n\n[Feadship](http) [Benetti](http) [Azimut](http) [Lürssen](http) [Sanlorenzo](http) [Westport](http) [Heesen](http) [SilverYachts](http)\n\n**By Type** [Explorer](http) [Sport Fishermen](http) [Flybridge](http) [Trawler](http) [Sport](http)\n\n**For Sale See All** [Sailing Yachts](http) [Motor Yachts](http)\n\n### **By Shipyard**\n\n[Feadship](http) [Benetti](http) [Azimut](http) [Lürssen](http) [Sanlorenzo](http) [Westport](http) [Heesen](http) [SilverYachts](http)\n\n**By Type**\n\n[Explorer](http) [Sport Fishermen](http) [Flybridge](http) [Trawler](http) [Sport](http)\n\n### **SYT Products**\n\n[YachtEye](http) [SYT 3D](http) [SYT iQ](http) [Market Reports](http)\n\n[About](http) | [Team](http) | [Careers](http) | [Contact](http) | [Disclaimer](http) | [Terms & Conditions](http) | [Privacy Policy](http) © SuperYacht Times B.V. // All rights reserved.\n\n## **Exhibit 11**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 11 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### Classe2225600733 DDoc1936811 Fileid606022323 ErfiEnted600022320513740524 Pagag602061 228\n\nQ Search\n\nLog In\n\n![](_page_59_Picture_3.jpeg)\n\n### More posts from edmistonyachts\n\nInstagram\n\n![](_page_59_Picture_5.jpeg)\n\nSee more posts\n\n## **Exhibit 12**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 12 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\nCase 22-50073 Doc 1930-12 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 2 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 62 of\n\n3\n\n238\n\n--\n\n! \"#\n\n![](_page_61_Picture_1.jpeg)\n\n -\n\n![](_page_61_Picture_3.jpeg)\n\n![](_page_62_Picture_0.jpeg)\n\nBusiness Services ▼ ▼ Get the LinkedIn app | More\n\nLinkedIn Corporation © 2023\n\n## **Exhibit 13**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 13 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 2 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 65 of 238\n\n## **Bongartz, Alex**\n\n**From:** Bongartz, Alex **Sent:** Thursday, May 25, 2023 5:07 PM **To:** 'Dirk Johnson'; **Cc:** Despins, Luc A. **Subject:** RE: Lady May **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_64_Picture_3.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 **Sent:** Wednesday, May 24, 2023 10:27 AM **To:**\n\n**Cc:** Despins, Luc A. ; Bongartz, Alex **Subject:** [EXT] Lady May\n\n29 238\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_65_Picture_17.jpeg)\n\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 4 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 67 of\n\n![](_page_66_Picture_1.jpeg)\n\n### CYBER 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_67_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:
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.:
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\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\n### Rev.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 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 69 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. 29 238\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 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 70 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. 29 238\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 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 71 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. 29 238\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: | SELLER: |\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| | |\n| | |\n| | |\n\nBuyer's Initials: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\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### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 9 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 72 of 238\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### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 10 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 73 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 11 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 74 of 238\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### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 12 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 75 of 238\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\n\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 13 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 76 of 238\n\nproportions 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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 77 of 238\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 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 78 of 238\n\nName: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nTitle: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nDate: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 16 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 79 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 17 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 80 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 18 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 81 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 19 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 82 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 20 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 83 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 21 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 84 of 238\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 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 85 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 23 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 86 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 24 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 87 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 25 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 88 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 26 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 89 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 27 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 90 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 28 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 91 of 238\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\n### Case 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 29 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 92 of 238\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.\n\n## **Exhibit 14**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 14 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_93_Picture_0.jpeg)\n\n## Contents\n\nTHIS DOCUMENT IS STRICTLY PRIVATE, CONFIDENTIAL AND PERSONAL TO ITS RECIPIENTS AND SHOULD NOT BE COPIED, DISTRIBUTED OR REPRODUCED IN WHOLE OR IN PART, NOR PASSED TO ANY THIRD PARTY.\n\n| 1. Introduction1 | |\n|-------------------------------------|---|\n| | |\n| 2. Lady May Marketing Activity 2023 | 2 |\n\n### Case 22-50073 Doc 1930-14 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 95 of\n\n![](_page_94_Picture_0.jpeg)\n\nThis report provides you with a summary of the marketing activities undertaken to promote Lady May since launch with Edmiston in 2023.\n\nAfter two unprecedented years for the yacht industry, the sales market in 2023 has shown signs that the boom in sales of 2021 into 2022 has begun to cool. Whilst demand is still strong for high value pedigree yachts, we see similarities in sales between Q1 of 2023 with those of 2018 and 2019. A strong indicator of the brokerage market rebalancing.\n\nWhilst the sales market has been buoyant, the brokerage sector is subject to peaks and troughs, influenced by a diverse range of factors from economic to geo-political. Ultimately, the key drivers of sales are price, condition, and location coupled with clever marketing.\n\nWe continue the sales marketing campaign of Lady May and actively canvas the market for potential buyers, both within our own network as well as through our colleague brokers in the industry and will keep you fully updated.\n\nKind Regards\n\nDirk Johnson\n\n## 1. Introduction\n\n# 2. Lady May Marketing Activity 2023\n\n![](_page_96_Picture_2.jpeg)\n\n## Digital Marketing *Direct Client Email Marketing*\n\n## Market Overview\n\n*Lady May featured in the Market Overview monthly mailer once so far in 2023. This is distributed to 10,000 clients and prospects. This includes a small selection of brokerage CA's that have a special deal, last minute availability, new itinerary or similar.*\n\n![](_page_97_Picture_4.jpeg)\n\n![](_page_97_Picture_6.jpeg)\n\n## Digital Advertising\n\n*Edmiston.com ranks highly on search engines amongst our competition and is an effective tool in promoting Lady May, with monthly website traffic averaging 30,000 per month.*\n\n## Webpage\n\n*Lady May has a dedicated webpage on the Edmiston.com domain, complete with large format images, editorial multi-media options and features. Total page views for 2023: 399*\n\n![](_page_98_Picture_6.jpeg)\n\n![](_page_98_Picture_8.jpeg)\n\n*Direct Client & Business-to-Business Marketing*\n\n## Digital Marketing\n\n*Business-to-Business Email Marketing*\n\n## *Lady May - New CA for sale*\n\n48.54% 464 1,857 Open Rate Unique Opens Total Opens\n\n*In order to connect Lady May with our network of industry brokers, we do the following:*\n\n## *Edmiston Email Marketing*\n\n## *Single & Multi Yacht Mailers*\n\nThese are sent on an ad-hoc basis for New Central Agency Yachts, sales updates, location updates, price reductions and yachting events.\n\nLADY MAY has been featured in the following mailers since her launch in April 2023. Examples below:\n\n![](_page_99_Picture_16.jpeg)\n\n![](_page_99_Picture_18.jpeg)\n\n- [Lady May New CA for sale](http) (28/04/2023)\n- [Lady May Now in Newport, RI](http) (18/05/2023)\n- [Lady May Now enrolled in the FTZ in Newport, RI](http) (24/05/2023)\n\n## *Monthly Updates*\n\nCirculated monthly, this digital mailer features our full fleet of yachts for sale and includes relevant updates for that month.\n\nLADY MAY has featured in one Monthly Updates since her launch in April 2023, the most recent can be found [here.](http)\n\n## *Yacht World & Yatco*\n\nLADY MAY is included on [Yatco](http) and [Yacht World,](http) which are online B2B search facilities that centralise brokerage yacht information for the yacht industry.\n\nListed Recipients\n\n![](_page_99_Picture_22.jpeg)\n\n![](_page_99_Picture_23.jpeg)\n\n## Digital Marketing\n\n*Business-to-Business Email Marketing*\n\n45.33% 437 1,038 Open Rate Unique Opens Total Opens\n\n![](_page_100_Picture_3.jpeg)\n\n![](_page_100_Picture_5.jpeg)\n\nListed Recipients\n\n![](_page_100_Picture_10.jpeg)\n\n![](_page_100_Picture_11.jpeg)\n\n## Social Media Marketing\n\n*As part of our social media strategy, Lady May is covered across our multi-channel social network. Each platform provides a different service with specific content created for each.*\n\n*Instagram – 81.7K followers*\n\n*Facebook – 8.7K followers*\n\n*LinkedIn – 11.2K subscribers*\n\n*YouTube –1.3K followers*\n\n## We are delighted to welcome previous World Superyacht Award winner, Lady May, to our sales fleet\n\n*29/04/2023*\n\n## We are delighted to welcome previous World Superyacht Award winner, Lady May, to our sales fleet *29/04/2023*\n\n![](_page_101_Picture_12.jpeg)\n\n![](_page_101_Picture_14.jpeg)\n\n![](_page_101_Picture_9.jpeg)\n\n*LinkedIn | Post* Impressions 3,042 Engagements 638 Engagement Rate 21%\n\nLady May Marketing Activity 2023 | 7\n\n## Advertising\n\n## Online Advertising\n\nBoatinternational.com & Superyachttimes.com online listings\n\n*As part of Edmiston's commitment to Lady May, she has featured on the brokerage listing page of [Boat International](http) and [Superyacht Times,](http) extending the reach to potential buyers.*\n\n![](_page_102_Picture_5.jpeg)\n\n*Lady May featured in the following digital and print publications:*\n\n## *Boat International US*\n\nJune Issue - Half page\n\nJuly Issue - Half page\n\n![](_page_102_Picture_10.jpeg)\n\n![](_page_102_Picture_11.jpeg)\n\n![](_page_102_Picture_13.jpeg)\n\n## *Heliport*\n\nAs title sponsors of the London Heliport, we use this platform to strategically advertise throughout. LADY MAY features in branded collateral that is deployed throughout.\n\n## *FBO Terminal*\n\nLADY MAY features in branded collateral that is deployed across East Hamptons and Cabo St Lucas private aviation terminals throughout the year.\n\n## *Farnborough Airport*\n\nEdmiston has teamed up with Europe's leading private jet airport, Farnborough, to provide a fully immersive experience for guests travelling through the airport.\n\nWe use this platform to strategically advertise throughout with selected marketing material. LADY MAY features in branded collateral that is deployed throughout.\n\n## Advertising\n\n![](_page_103_Picture_1.jpeg)\n\n## Edmiston Publications\n\n## *Bespoke Yacht Literature*\n\nAs part of our marketing campaign for LADY MAY, we create branded and white-labelled electronic collateral, with the option to print if required, to promote the yacht to potential buyers.\n\n### Case 22-50073 Doc 1930-14 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 13 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 105 of\n\n![](_page_104_Picture_0.jpeg)\n\n## PR & Editorial\n\n## 46m Feadship motor yacht Lady May for sale with Edmiston\n\n*[Boat International Online](http) 04/05/2023*\n\n![](_page_105_Picture_4.jpeg)\n\n*\\*Please click on the URL to view the view feature*\n\n## Lady May 2014 151' 8\" Feadship Motor Yacht\n\n*[Yatco.com](http) 03/05/2023*\n\n![](_page_105_Picture_8.jpeg)\n\n![](_page_105_Picture_10.jpeg)\n\n## Statistics Explained\n\n## Sector Benchmarking\n\n*To give you an understanding of how the digital activities for your yacht are performing, we have benchmarked the most comparable sector averages for 2022.*\n\n## Email Marketing Social Media Marketing\n\n| Sector Benchmark | CTR | Open Rates |\n|---------------------------|-------|------------|\n| Advertising and Marketing | 2.04% | 17.38% |\n| Retail | 2.25% | 18.39% |\n| Media | 4.62% | 22.15% |\n| Real Estate & Design | 1.77% | 19.17% |\n| Travel | 2.25% | 20.44% |\n| Average (all services) | 2.58% | 19.51% |\n\n| | Sector Benchmark | Average Engagement Rate | |\n|--|----------------------------|-------------------------|--|\n| | Influencer / Public Figure | 5.77% | |\n| | Media | 5.55% | |\n| | Travel | 4.94% | |\n| | Consumer Brands | 4.39% | |\n| | Food & Beverage | 4.13% | |\n| | Shopping & Retail | 2.80% | |\n| | | | |\n| | | | |\n| | | | |\n\n\\*Email marketing statistics provided by Mail Chimp, updated on 17/06/2022 \\*\\*Social media statistics provided by Sprout Social, updated 17/06/2022\n\n## *Click-through rate (CTR)*\n\nClick-through rate is the ratio of users who click on a specific link to the number of total users who view a page, email, or advertisement.\n\n## *Open rate*\n\nThis number shows what percentage of your audience opens the emails you send them.\n\n![](_page_106_Picture_14.jpeg)\n\n## LONDON\n\n*Lombard Wharf, 12 Lombard Road, London, SW11 3GN, UK*\n\n## MONTE CARLO\n\n*27 Boulevard Albert 1er, Monaco, MC 98000*\n\n## NEW YORK\n\n*1325 Avenue of the Americas, 27th Floor, New York, NY 10019, USA*\n\n### MIAMI\n\n*Suite 500, 1111 Lincoln Rd, Miami Beach, FL 33139, USA.*\n\n### NEWPORT\n\n*Two Marina Plaza, Goat Island, Newport, Rhode Island 02840, USA*\n\n## MEXICO CITY\n\n*Ahumada Villalon 36, Lomas Virreyes, Miguel Hidalgo 11000, CDMX, México*\n\n## SAN JOSE DEL CABO\n\n*Villa Valentina, Kilómetro 31.5, México 1, Zona Hotelera, 23405 San José del Cabo, B.C.S.*\n\nEDMISTON.COM\n\n![](_page_107_Picture_1.jpeg)\n\n## **Exhibit 15**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 15 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### LETTER OF INTENT\n\nFriday 19th May 2023\n\nLuc A Despins, As chapter 11 trustee for the estate of Ho Wan Kwok. c/o Paul Hastings LLP 200 Park Avenue New York, New York 10166\n\nDear Sirs,\n\n### Purchase of 46.22m Feadship LADY MAY\n\nnereafter \"the buyer\", we are instructed to On behalf of our client, make the following offer for the purchase of the 46.22m Feadship LADY MAY. This offer is subject to the following conditions:\n\n- 1) Purchase Price USD 19,000,000 (nineteen million United States Dollars)\n- 2) Subject to mutually agreed formal MoA to be executed by both buyer and seller no later than Wednesday, May 31st 2023.\n- 3) Subject to standard MYBA terms\n- 4) Subject to a satisfactory sea trial and condition survey acceptable to the buyer. Sea trial and condition survey to be completed within 21 days following execution of the mutually agreed formal MoA.\n- 5) Subject to mutually agreed inventory of all onboard and ashore items belonging to the yacht excluding the personal effects of the owner and crew.\n- 6) Subject to the yacht being delivered at closing free of all debts, maritime liens and encumbrances.\n- 7) Closing to take place within 7 days following buyer's acceptance of required condition survey, sea trial and inventory.\n- 8) Upon execution of this LOI, the Seller warrants the exclusivity of this yacht to the Buyer until Wednesday, May 31st 2023, and agrees to exclusively work with the Buyer towards a formal MoA until such date.\n- 9) its appointed maritime lawyer or its broker, at its discretion.\n- 10) This letter of intent and the mutually acceptable formal contract are to be subject to a confidentiality clause to be agreed between the Buyer and Seller.\n\n![](_page_109_Picture_16.jpeg)\n\n- 11) This letter of intent shall automatically expire on Tuesday, May 23rd 2023, 18h00 EST.\n- 12) This letter of intent shall be governed by and construed with in accordance with the laws of England and Wales and any dispute or claim arising out of, relating to, or in connection with this Agreement shall be submitted to the jurisdiction of the Courts of England.\n\nI confirm that our client is well known to us and passes all KYC and other associated compliance rules.\n\nWe would be grateful of your prompt response to this offer.\n\nYours sincerely,\n\n![](_page_110_Figure_5.jpeg)\n\n![](_page_110_Figure_6.jpeg)\n\nAccepted By Seller:\n\nName:\n\nDate:\n\n## **Exhibit 16**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 16 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n## Bongartz, Alex\n\n| From:
Sent:
To:
Cc: | Tuesday, May 30, 2023 3:43 PM
Despins, Luc A .; daj@edmiston.com; Bonqartz, Alex |\n|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|\n| Subject: | [EXT] M/Y \"LADY MAY\" - OFFICIAL BID SUBMISSION |\n| Attachments: | IYBA_Purchase_and_Sale (Lady May).pdf; Lady May - Addendum to PSA -
amendments 30.05.2023.docx; Lady May - Addendum to the PSA -
30.05.23.pdf |\n| Importance: | High |\n| Follow Up Flag: | Follow up |\n| Flag Status: | Completed |\n\n## --- External Email ---\n\nYou don't often get email from\n\n. Learn why this is important\n\n### Dear Mr Despins and Mr Bongartz\n\n### Definitions\n\n\"Buyer\" -, or any other entity appointed for this role by the Buyer or the UBO provided such entity remains beneficially owned by the UBO.\n\n\"UBO\" - a Monaco resident who is the ultimate beneficial owner of the Buyer\n\n\"Yacht\" - the 2014 44.25 meter Feadship Motor Yacht \"LADY MAY\" (registered number 745195).\n\n\"You\" - Luc A. Despins as chapter 11 trustee for the estate of Ho Wan Kwok, c/o Paul Hastings LLP, 200 Park Avenue, New York, New York 10166.\n\n### Proposal to Purchase\n\nWe understand You are the party authorised as truster 11 of the United States Bankruptcy Code to receive offers for the purchase of the Yacht and write to relay the terms of the Buyer's Proposal to purchase the Yacht.\n\nWe note that on 25 May 2023, You circulated a purchase and sale agreement and an addendum one thereto, forming the proposed terms of sale of the \"Documents\"). This Proposal is also otherwise expressly subject to the following terms and conditions:\n\n- 1. The Buyer is offering \\$23,250,000 (Twenty-Three million Two Hundred and Fifty Thousand U.S. Dollars) inclusive of any and all applicable tax or customs duties of any description, save for purchase and use taxes ordinarily to be paid for by the Buyer;\n- 2. Full title warranty and guarantee to be provided by You confirming your power of sale, with good, clean title to the Y acht to be conveyed to the Buyer free and clear of any and all claims, debts or encumbrances of any nature;\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 114 of 238\n\n- 3. This offer is subject to and further conditioned upon compliance with all applicable laws and regulations, including but not limited to sanctions laws administered by the U.S. Department of Treasury, Office of Foreign Assets Control and any other sanctions authority;\n- 4. Following acceptance of this Proposal, the Documents to be negotiated between Buyer and You in good faith to agree on mutually acceptable terms; and\n- 5. It is proposed that the closing of the purchase and sale of the Yacht to take place by 30 June 2023.\n\nWe would like to provide you with the assurance that the UBO possesses the necessary financial resources to consummate this transaction. We further wish to confirm that the funds for this transaction will be sourced from the UBO's personal wealth, and we are prepared to provide documentation as to the source of the purchasing entity's funds, when appropriate and as necessary.\n\nFor the avoidance of doubt, this offer is subject in all respects to the terms and conditions set forth above, including without limitation, execution of the Documents (or such revised form of the Documents as agreed between You and the Buyer) and compliance with regulatory requirements, and shall be deemed to expire at 17:00 local E.S.T. time on 5 June, 2023 unless a written acceptance of this Proposal has been received by us prior to that time.\n\nPlease kindly confirm receipt of this correspondence by return e-mail and also provide us with such information as you can as to the intended sale process.\n\nYours faithfully\n\n2238\n\n![](_page_114_Picture_1.jpeg)\n\nINTERNATIONAL YACHT BROKERS ASSOCIATION\n\n## PURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL\n\n| BUYER: | SELLER: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok | |\n|------------------------------------------------------------------------------|------------------------------------------------------------------------------|--|\n| Address: | Address: c/o Paul Hastings LLP, 200 Park Avenue | |\n| | New York, New York 10166 | |\n| Nationality: | Nationality: U.S. | |\n| VESSEL NAME: Lady May | MANUFACTURER: Feadship | |\n| Model: Semi displacement motor yacht | Length Overall: 44.25m | |\n| Year: 2014 | Doc or 7 Reg No .: 745195
Flag: Cayman Is. | |\n| Hull No.: 688 | Engine Description: Diesel (Caterpillar) | |\n| Selling Broker: | Listing Broker: Edmiston & Company Limited | |\n| IMPORTANT DATES | PURCHASE PRICE | |\n| Offer Date: | Purchase Price: | |\n| Offer Expiration Date: June 9, 2023
Less Deposit: [20% of Purchase Price] | | |\n| Accept/Reject Date: June 28, 2023 | Less Trade Allowance (see Addendum): Not applicable | |\n| Closing Date: on or before June 30, 2023 | Balance: | |\n\nDelivery Location: International waters, off the coast of Rhode Island\n\nNOTE: If Vessel is to be moved to the Delivery 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 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 (\"SA\"). Capitalized terms used in this PSA refer to the corresponding terms in the table above unless otherwise defined here\" of this PSA is the date on which is has been signed by both parties. \"Vessel\" also includes all gear, machiner, 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 this Agreement, except for items listed on the Exclusions List provided by the Seller of (a) five days from the Effective Date or (b) the Accept (b) the Accept (be ect 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 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 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ the Selling Broker's account, as acknowledged below, as a deposit toward the Purchase Price to the terms of this PSA. Seller may refuse to permit Buyer to proceed with the trial run, survey and other inspections of 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: (a) Buyer will select the surveyor, (b) the surveyor, and not the Brokers, will be the sole party responsible for any errors or onissions with respect to the survey, notwithstanding that the Browded information to and assisted Byer with hiring the surveyor, (c) Seller shall make the Vessel available and Buyer shall run and survey as soon as practicable (d) Seller shall pay all running expenses for, and assume the risks associated with, the trial 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 trial run to assess the Vessel's conformity with 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 will be deemed to have rejected the Vessel if it fails to give timely written notice of its acceptance of the Vessel, Seller will not make any use of the Vessel pending (defined in Paragraph 4) except to move the Vessel to the Delivery Location. f Buyer\n\nBuyer's ntas:\n\n©2020 nternat ona Yacht Brokers Assoc at on A r ghts reserved\\_\n\nSe er's ntas:\n\n### Rev 3.10.20\n\nThis form was prepred for the exclusive use and be i YBA. The parties and Bokers hereby elecse the WBA from any liability for damages resulting from or related to its use. The IPA expressy disclaims any and all warrantes, including merchantability and fitness for a particular purpose, related to the use of this form.\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, (i) this PSA will terminate, and tie 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 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 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 deling 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 Seler owes to (i) the Brokers for the commission, storage, repairs and/or other items or (ii) the holder of any other Encumbrance, will be deducted from 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 are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same broker consent to that Broker acting as a dual-agent in this transaction, i.e., representing both Buyer and Seller, and the Broker to both parties facts known to the Broker materially affecting the Vessel's value or desirability; provided, however, that instance the Broker shall not, without Seller's consent, disclose to Buyer that Seller is willing to sell the Vessel for an amount lessing price or, without Buyer's consent, disclose to Seller that Buyer is willing to pay a price greater than the offering price. If 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 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 or common law liens, security interests, encumbrances, excise taxes, and any other applicable taxes, customs' duties, or tariffs due to any state, country, regulatory 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 indemnfication from Seller's representations and warranties in this Paragraph 6, (d) if Seller is a legal entity, a personal guaranty and indemnification from Seller's benef(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 will provide to the other prior to Closing (i) proof that it is in good standing under 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 this PSA and/or purchase and sales documents,(ii) 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 lossel 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 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 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 accommodate unforeseeable events beyond that party's reasonable control (\"Force Majeure Events\"), including, without limitation, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication line failures, computer viruses, power failures, accidents, tropical storms, hurricanes, or other natural disasters. If a Force Majeure Event occurs, the time periods referred to in this PS4, 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 PS4; provided, however, if the Force Majeure 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 ntas:\n\nSe e 's n t a s:\n\npurchase by the Closing Date: (i) the Deposit shall be retained by (or fittee Deposit was not paid, Buyer shall pay a like anount to) Seller and the Brokers as liquidated and agreed damages, as consideration of this PSA, in full settlement of all claims between the parties, (i) the Selling Broker shall return to Buyer and (ii) 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 shall divide in the same proportions as the commission would 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 is reasonable in light of the uniqueness of the Vessel, difficulty of proof of loss, and the inconvenience or impossibility of otherwise on adequate remedy. On Seller's default, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed.\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 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 WAVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTISEMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS (WHETHER ORAL OR WRITTEN, PROR 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, ETHER EXPRESSED OR IMPLIED, AND MAKE NO REPRESENTATION AS TO THE CONDITION OF THE VESSEL, ITS FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABLLITY, ALL OF WHICH ARE DISCLAIMED.\n\n11. Financing. Buyer's obligations are not contining 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 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 entract 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 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 ages 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 Seling Broker shall hold the Deposit in escrow once the funds received by either Broker from any party will be held in trust for that party, (c) the Selling Brokers on 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 indemnity the Brokers for legal tees and costs relating including those incurred in any appeals (which bbligation is secured by a lien on the escrowed funds) and those relain 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### See Addendum. 15. Additional Terms.\n\n16. Miscellaneous. This PSA, including its exhibits and schedules, is the entire ggreement between the subject matter hereof and supersedes all prior and contemporaneous repreentations, warranties, and understandings pertainings pertaining thereto, be they in writing, oral, or other 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 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 PSA to the extent possible rather than avoided. In any event, all other terms, conditions of this PSA shall be deemed valid and enforceable. There are no other duties, obligations, in lied 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 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 retained. Buyer may assign this PSA to\n\nBuyer's ntas:\n\nSe er's ntas:\n\n### Cæse 22-50073\n\nany member(s) of Buyer's immediate family or any entity owned or controlled by Buyer and/or any member(s) of his inmediate family. Otherwise, neither party may assign this PSA without the consent shall not be unreasonably withheld. No claim or right arising out of this PSA can be waved or discharged by one party, 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 appy. 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 (d) or (b) is selected: (i) this Agreement will be governed by and interpreted according to the State of laws and (ii) the proceedings will be conducted in the county of the Selling Broker, or if the Selling Broker has no office in Florida, in \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 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 arbitrators maintained by the International Yacht Brokers Association (\"YBA\") within twenty (20) days of the giving of arbitration. If the parties are unable to agree upon the arbitrator, the IYBA shall have the power to make 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 arbit in 14 days, either party may request that the IYBA appoint the third arbitrators maintained by the IYBA. The decision of the single arbitrator, or if a three abitrator panel, any woon he parties. An action may be brought in any court of competent jurisdiction to enforce any arbitration. If (c) is selected: (i) this Areement will be governed by and interpreted in accordance with English aw regardless 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 accordance with the Arbitration Act 1996 or any statutory modification or re-enactment thereof save to the extent no the provisions of this Paragraph, (iii) the arbitration shall be conducted in accordance with the rules of London Maritime Arbitration (\"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 fi 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 jurisdical 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 ther 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: | SELLER: |\n|---------------------------------------------------------------------|---------|\n| Print: | Print: |\n| Title: | Title: |\n| Date: | Date: |\n| SELLING BROKER DEPOSIT CONFIRMATION (Subject to clearance of funds) | |\n| Print: | Amount: |\n| Title: | Date: |\n| | |\n| | |\n| | |\n| | |\n| | |\n| | |\n| | |\n| | |\n\nBuyer's ntas:\n\nSe er's ntas:\n\n©2020 nternat ona Yacht Brokers Assoc at on A r ghts reserved\n\nRev 3.10.20\n\nThis form was prepred for the exclusive use and be i'lBA. The parties on Bokers hereby elecse the WBA from any libility for damages resulting from or related to its use. The IPA expressy disclaims any and all warrantes, including merchantability and fithis for a particular purpose, related to the use of this form.\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 8 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 119 of 238\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 Seller shall deliver, as a condition to Closing, each of the documents listed in the attached \"Exhibit A\".\n- 5.6.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**\n\n## **Lady May II is not included as part of the sale of the Vessel pursuant to this PSA.**\n\n6.7.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\n7.8.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\n8.9.Section 3 of the PSA is hereby modified as follows:\n\n3.1 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)**; provided, however, that Buyer may only reject the Vessel either: (i) for any reason whatsoever and in the Buyer's sole discretion, provided written notice of such decision to reject is served on the Seller by the Buyer within 24 hours of the completion of the trial run; or (ii) 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.**\n\n**For the avoidance of doubt, Buyer may not reject the Vessel on any other grounds. 3.2** If **the Buyer decides to have a trial run and 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**, on 11 June 2023 and the survey by no later than 17 June 2023 (d) Seller shall pay all running expenses for, and assume the risks associated with, the trial\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 10 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 121 of 238\n\nrun, 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) Save as required by Section 3.1(i), 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 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**, 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\n9.10. 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\n10.11. 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\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 11 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 122 of 238\n\nBroker 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\n11.12. 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 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\n12.13. The second and third sentences of Section 7 of the PSA are hereby modified as follows:\n\n> 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,** (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\n13.14. 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\n\nBroker 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\n14.15. 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\n15.16. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 13 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 124 of 238\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\n16.17. 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 party, (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\n17.18. The second and third sentences of Section 16 of the PSA are hereby modified as follows:\n\n> 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 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\n18.19. The eighth, ninth and tenth sentences of Section 16 of the PSA are hereby modified as follows:\n\n> All notices must be in writing and may be made by personal delivery, overnight courier, facsimile, **email to the email addresses included in Section 18 of this PSA and as otherwise provided by the parties hereto from time to time**, or other means, and shall be effective upon\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 125 of 238\n\ndelivery 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, n**N**either party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld.\n\n## 20. Insertion of a new Section 18 into the PSA as follows:\n\n18. **Notices by Email**\n\nFor the purposes of one party to this PSA serving any other party to this PSA by email, such email notice may be provided to the email addresses specified below:\n\n**Buyer:**\n\n**Seller:** lucdespins@paulhastings.com\n\n**Broker:**\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\nName: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nTitle: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nDate: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 15 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 126 of 238\n\n## **\"EXHIBIT A\"**\n\n## **List of Documents**\n\nThe following documents must be tendered by the Seller to the Buyer as a condition precedent to Closing. Unless otherwise stated, all documents must be tendered at closing and must be in original form. Copies defaced as necessary or drafts of the documents must be submitted to Buyer's counsel for the Buyer's approval no later than seven (7) days prior to the Closing Date.\n\nDocuments 1 to 15 (inclusive) must evidence completion of all requisite surveys and/or audits (with up-to-date endorsements) as applicable, and must be valid, full-term and free from restrictions, conditions, remarks and/or recommendations and (as applicable) shall be provided with any available supplements, records, annexes and/or technical files.\n\nDocuments 16 to 22 (inclusive) must be in a form suitable for the Buyer to register the Vessel on the flag of its choice.\n\n- 1) Certificate of Registry\n- 2) Certificate of Survey\n- 3) International Tonnage Certificate\n- 4) Panama and Suez Special Tonnage Certificates\n- 5) International Oil Pollution Prevention Certificate (IOPP)\n- 6) International Sewage Pollution Prevention Certificate (ISPP)\n- 7) International Air Pollution Prevention Certificate\n- 8) International Energy Efficiency Certificate\n- 9) Engine International Air Pollution Prevention certificates\n- 10) Classification Certificate\n- 11) Anti-Fouling System Certificate of Compliance\n- 12) Radio Licence\n- 13) Shipboard Oil Pollution Emergency Plan (SOPEP) (stamped as approved by Class or Flag)\n- 14) Wreck Removal Certificate\n- 15) International Certificate of Inventory of Hazardous Materials\n- 16) Bill of Sale (in two (2) originals) in favour of the Buyer stating the Vessel to be free from all debts, claims, liens and encumbrances, duly executed by the Seller and notarially attested and apostilled or legalised to confirm the identity and due authority of the signatory.\n- 17) Transcript of Register issued by the Vessel's registration authority showing that the Vessel is free from registered encumbrances and is solely owned by the Seller, dated not earlier than three (3) business days prior to the date of completion of the sale.\n- 18) A class confirmation certificate issued by the Classification Society stating that the Vessel is classed, free from all conditions or recommendations, dated not earlier than three (3) business days prior to the date of completion of the sale.\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 16 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 127 of 238\n\n- 19) Letter of No objection from the Seller's Cayman Islands local representative engaged in connection with the Vessel.\n- 20) Evidence of the Vessel's tax status in the USA satisfactory to the Buyer.\n- 21) Evidence that the Seller (or their trustee or legal representatives on their behalf) has the right in law to sell the Vessel in accordance with the terms hereunder.\n- 22) Evidence that all necessary corporate, shareholder and other action has been taken by the Seller to authorise the execution, delivery and performance of this Agreement, duly notarially attested.\n\nAt the time of delivery and acceptance of the Vessel, the Seller and the Buyer shall sign a protocol of delivery and acceptance (in two originals) evidencing the place, date and time of delivery of the Vessel.\n\n### Case 22-50073 റി 385\n\nAddendum 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 +(the \"Addendum\") \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ \\_ (ii) 1\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 Seller shall deliver, as a condition to Closing, each of the documents listed in the attached \"Exhibit A\".\n- 5.6. 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 Exelusions List provided by the Seller or Listing Broker on the earlier of (a) five days from the Effective Date or (b) the Aecept/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 Formatted: Font: (Default) Times New Roman, 12 pt, Bold, Underline\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 18 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 129 of 238\n\n### **Lady May II is not included as part of the sale of the Vessel pursuant to this PSA.**\n\n6.7.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\n7.8.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\n8.9.Section 3 of the PSA is hereby modified as follows:\n\n3.1 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)**; provided, however, that Buyer may only reject the Vessel either: (i) for any reason whatsoever and in the Buyer's sole discretion, provided written notice of such decision to reject is served on the Seller by the Buyer within 24 hours of the completion of the trial run; or (ii) 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.**\n\n**3.2** If **the Buyer decides to have a trial run and 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 on 11 June 2023 and the survey by no later than 17 June 2023 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\n\nBuyer 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) Save as required by Section 3.1(i), 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 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**, 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\n9.10. 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\n10.11. 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\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 20 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 131 of 238\n\nBroker 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\n11.12. 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 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\n12.13. The second and third sentences of Section 7 of the PSA are hereby modified as follows:\n\n> 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,** (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\n13.14. 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\n\nBroker 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\n14.15. 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\n15.16. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\n### Case 22-50073 Doc 1968-161166/06/22/2EntEntele6/806/22/23338.000:24Page208320 റി 385\n\nBuyer 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\n16.17. Section 14 of the PSA are hereby modified as follows:\n\nThe parties acknowledge that (a) the 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 party, (c) the Seller Selling Broker shall pay, in accordance with this PSA may retain the commission due the Brokers prior to the releasedisbursement of the Deposit or Balanee 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\n17-18. The second and third sentences of Section 16 of the PSA are hereby modified as follows:\n\n> 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 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\n48.19. The eighth, ninth and tenth sentences of Section 16 of the PSA are hereby modified as follows:\n\n> All notices must be in writing and may be made by personal delivery, overnight courier, facsimile, email to the email addresses included in Section 18 of this PSA and as otherwise provided by the parties hereto from time to time, or other means, and shall be effective upon\n\nFormatted: Font: Bold, Underline\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 23 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 134 of 238\n\n| delivery with proof of delivery retained. Buyer may assign this PSA to
any member(5) of Buyer's immediate family or any entity owned or
controlled by Buyer and/or any member(s) of his immediate family.
Otherwise, nNeither party may assign this PSA without the other party's
consent, which consent shall not be unreasonably withheld.
19.20. Insertion of a new Section 18 into the PSA as follows:
18. Notices by Email
For the purposes of one party to this PSA serving any other party to this PSA by
email, such email notice may be provided to the email addresses specified below: | 1 Formatted: Not Strikethrough
- 7 Formatted: Font: Bold, Underline |\n|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|\n| Buyer:
Seller: lucdespins@paulhastings.com
Broker: | 1 Formatted: Font: Bold, English (United Kingdom)
Field Code Changed
Formatted: English (United Kingdom)
Formatted: English (United Kingdom)
Formatted: English (United Kingdom)
Formatted: English (United Kingdom)
Formatted: Font: Bold, English (United Kingdom)
Formatted: English (United Kingdom)
Formatted: Font: Bold, English (United Kingdom) |\n| Seller
By:
Name: Luc A. Despins, as chapter 11 trustee
for the estate of Ho Wan Kwok
Date:
Buyer
By:
Name:
Title:
Date: | Field Code Changed
\\ Formatted: English (United Kingdom)
Formatted: Normal, Indent: Left: 0
Formatted: Normal |\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 24 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 135 of 238\n\n### **\"EXHIBIT A\"**\n\n### **List of Documents**\n\nThe following documents must be tendered by the Seller to the Buyer as a condition precedent to Closing. Unless otherwise stated, all documents must be tendered at closing and must be in original form. Copies defaced as necessary or drafts of the documents must be submitted to Buyer's counsel for the Buyer's approval no later than seven (7) days prior to the Closing Date.\n\nDocuments 1 to 15 (inclusive) must evidence completion of all requisite surveys and/or audits (with up‐to‐date endorsements) as applicable, and must be valid, full‐term and free from restrictions, conditions, remarks and/or recommendations and (as applicable) shall be provided with any available supplements, records, annexes and/or technical files.\n\nDocuments 16 to 22 (inclusive) must be in a form suitable for the Buyer to register the Vessel on the flag of its choice.\n\n- 1) Certificate of Registry\n- 2) Certificate of Survey\n- 3) International Tonnage Certificate\n- 4) Panama and Suez Special Tonnage Certificates\n- 5) International Oil Pollution Prevention Certificate (IOPP)\n- 6) International Sewage Pollution Prevention Certificate (ISPP)\n- 7) International Air Pollution Prevention Certificate\n- 8) International Energy Efficiency Certificate\n- 9) Engine International Air Pollution Prevention certificates\n- 10) Classification Certificate\n- 11) Anti-Fouling System Certificate of Compliance\n- 12) Radio Licence\n- 13) Shipboard Oil Pollution Emergency Plan (SOPEP) (stamped as approved by Class or\n- Flag)\n- 14) Wreck Removal Certificate\n- 15) International Certificate of Inventory of Hazardous Materials\n- 16) Bill of Sale (in two (2) originals) in favour of the Buyer stating the Vessel to be free from all debts, claims, liens and encumbrances, duly executed by the Seller and notarially attested and apostilled or legalised to confirm the identity and due authority of the signatory.\n- 17) Transcript of Register issued by the Vessel's registration authority showing that the Vessel is free from registered encumbrances and is solely owned by the Seller, dated not earlier than three (3) business days prior to the date of completion of the sale.\n- 18) A class confirmation certificate issued by the Classification Society stating that the Vessel is classed, free from all conditions or recommendations, dated not earlier than three (3) business days prior to the date of completion of the sale.\n\n### Case 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 25 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 136 of 238\n\n- 19) Letter of No objection from the Seller's Cayman Islands local representative engaged in connection with the Vessel.\n- 20) Evidence of the Vessel's tax status in the USA satisfactory to the Buyer.\n- 21) Evidence that the Seller (or their trustee or legal representatives on their behalf) has the right in law to sell the Vessel in accordance with the terms hereunder.\n- 22) Evidence that all necessary corporate, shareholder and other action has been taken by the Seller to authorise the execution, delivery and performance of this Agreement, duly notarially attested.\n\nAt the time of delivery and acceptance of the Vessel, the Seller and the Buyer shall sign a protocol of delivery and acceptance (in two originals) evidencing the place, date and time of delivery of the Vessel.\n\n## **Exhibit 17**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 17 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n## LETTER OF INTENT\n\nDate: May 19, 2023\n\n### RE: M/Y Lady May COBR # 745195\n\nTo whom it may concern:\n\nAs per my inspection of Lady May, I for purchase of Lady May subject to the following conditions:\n\n- 1) Purchase Price Twenty Million Dollars (\\$20,000,000)\n- 2. If accepted, a deposit of 10% of the agreed price will be wired within 3 business days to the escrow account of Edmiston and Company (details to be provided)\n- Offer acceptance is subject to approval of the Court. 3)\n- 4) Subject to mutually agreed formal contract to be executed by both Buyer and Seller no later than May 31, 2023.\n- 5) Subject to satisfactory sea trial and condition survey acceptable to the buyer. Sea trial and condition survey to be completed within 14 days of execution of mutually agreed formal contract as per Clause 4. Acceptance/rejection within 7 days of survey completion.\n- 6) Subject to mutually agreed inventory of all onboard and ashore items belonging to the yacht excluding the personal effects of the owner and crew.\n- . 7) Closing to take place no later than June 30, 2023.\n- 8) Subject to yacht being delivered at closing free of all debts, maritime liens and encumbrances.\n- 9) This letter of intent and the mutually acceptable formal contract are to be the subject of a confidentiality clause to be agreed between the Buyer and Seller.\n\n# END OF OFFER.\n\nAccepted By Seller\n\n## **Exhibit 18**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 18 June 27, 2023 R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n## Bongartz, Alex\n\nFrom: Tuesday, May 30, 2023 4:46 PM Sent: Despins, Luc A. To: Cc: Bongartz, Alex Subject: [EXT] Attachments: 20230530164308437.pdf; 05-30-2023 Signed Addendum to PSA Lady May.pdf\n\n--- External Email ---\n\nYou don't often get email from\n\n. Learn why this is important\n\nDear Luc:\n\nAs per the instructions in Dirk Johnson's May 24th email, attached is the PSA and Addendum in your form from for offer to purchase \"Lady May\".\n\nThe offer is \\$23,000,000 with an acceptance or rejection date of the survey of June 28, 2023 and a closing no later than July 20, 2023.\n\nI look forward to hearing from you at your earliest convenience.\n\nBest regards,\n\nCase 22-50073 Doc 1930-18 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 141 of\n\n14\n\n![](_page_141_Picture_1.jpeg)\n\nINTERNATIONAL YACHT BROKERS ASSOCIATION\n\n## PURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL\n\n| BUYER: | SELLER: Euc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok | |\n|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------|--|\n| Address: | Address: c/o Paul Hastings LLP, 200 Park Avenue | |\n| | New York, New York 10166 | |\n| Natlonality: | Natlonality: U.S. | |\n| VESSEL NAME: Lady May | MANUFACTURER: Feadship | |\n| Model: Semi displacement motor yacht | Length Overall: 44.25m | |\n| Year: 2014 | Doc or ZReg No .: 745195
Flag: Cayman Is. | |\n| Hull No.: 688 | Engine Description: Diesel (Caterpillar) | |\n| Selling Broker: | Listing Broker: Edmiston & Company Limited | |\n| IMPORTANT DATES | PURCHASE PRICE | |\n| Offer Date:
ﺍﻟﻤﺴﺎﻋﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘ
3D
2023 | Purchase Price: 5 2 . 0 0 0 0 0 0 0 0 0 00 000 | |\n| Offer Expiration Date: June 9, 2023 | Less Deposit: [20% of Purchase Price] { 4 + 8 x 8 x ( ; = \" | |\n| Accept/Reject Date: June 28, 2023 | Less Trade Allowance (see Addendum): Not applicable | |\n| Closing Date: on or before July 20, 2023 | Balance: גוויר געווירן אין אין אין דער | |\n| | | |\n\nDelivery Location: International waters, off the coast of Rhode Island NOTE: If Vessel is to be noved to the Delivery Location must be specified with precision. The mere listing of open or dty is lisufficient.\n\n### ADDITIONAL REGISTERED VESSELS INCLUDED INCLUDED Yes \\_\\_ No\n\n1. Agreement. Buyer agrees to purchase, and Seller agrees to sell, all right, title and in the Vessel described above on the terms and conditions set forth in this Purchase and Sale Agreement (\"SA\"). 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 partles. \"Vessel\" also includes all gear, machiner, 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 this Agreement, except for items listed on the Exclusions List provided by the Seller 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 Listing Broker and Selling Broker shall be referred to herein as the \"Brokers\" if there is a Trade Albwance, the crade in will be governed by the attached Trade-In Vessel Addendum. If either party fals to sign this PSA and deliver it to the other the Offer Expiration Date, this PSA will be ineffective.\n\n2. Deposit. Within \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ the Selling Broker's account, as adeposit 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 Deposit has cleared into the Selling Broker's escrow account.\n\n3. Survey Option; Acceptance of Vessel; Conditions of Suyer's obligation to purchase the Vessel Is subject to Buyer's satisfaction, in Buyer's sole discretion, with a tral run and survey of the Vessel though Buyer may elect not to have the Vessel (a) Buver will select the surveyor, and not the Brokers, will be the sole party responsible for any errors or onissions 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 ovailable and Buyer shall complete the trial run and survey as soon as practicable (d) Selections of expenses for, and assume the risks associated with, the trial run, and Buyer shall pay all costs of the survey, Inducting 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 trial run to assess the Vessel's conformity with Buyer shall deliver written notice of rejection or acceptance of the Vessel to Seller or the Listing Broker on or before the Accept Relect Date. Whether or not Buyer hip inspected the Vessel, Buyer will be deemed to have rejected the Vessel of it falls to give of its acceptance. Upon Biyer's acceptance of the Vessel, Seller will not make any use of the Vessel pending Closing (defined in Paragraph 4) except to the Delivery Location. If Buyer\n\n| Buyer's Initial | | Seller's Initials: |\n|-----------------|-------------------------------------------------------------------------------------------------------------------------------|--------------------|\n| Page 1. of 4 | @2020 International Vacht Brokers Association. All rights reserved. | Rev.3.10.20 |\n| | This form was arent of the explosive your and he IPA. The nothers and Brokers hereby release the \"BA from one included to ran | |\n\nor related to lise. The VBA expersiv disclaims any and all warrantiasion and filmes for a portions promose, related to the lise of this or this of this of this of this of thi\n\nrejects or is deemed to reject the Vessel, after all expenses incurred on Buyer's behalf have been paid return the Deposit to Buyer, (i) this PSA will terminate, and (li) the parties and the Brokers will be released from any further liability hereunder. The Brokers will not be responsible for the correct any 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 structure 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 nove to the Deliver Vessel to the Chosing Location unless funds have been paid in full or are belng held subject to an escrow conditioned only upon delivery of the Velvery 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 Delvery Location except for fuel consumed during the trial run and any volvage to the Delivery Location. On or before the Closing Date, Seller must deling 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 the Selling Broker for onward transfer to Seller by wire transfer. Any funds Seller owes to the commission, storage, insurance, repairs and/or other lems or (i) the holder of any other Encumbrance, will be deducted from the 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 are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same broker consent to that Broker ading as a qual-agent in this transaction, i.e., representing both Buyer and Seller, and the Broker to both parties facts known to the Bloker materially affecting the Vessel's value or desirability; provided, however, that instance the Broker shall not, without Seller's consent, disclose to Buyer that Seller is willing to sell the Vessel or an anount less than the asking price or, without Buyer's consent, disclose to willing to pay a price greater than the offering proce. If the Selling Broker are different, the Usting Broker will represent Seller only and owe no dutles, fiduclary or otherwise, to Buyer, and the Selling Broker will represent Buyer on duties, fiduciary or otherwise, to Seller (though paid by Seller). The Brokers are obligated to perform only the dutles expressly set forth herein and no implied dutles or obligations may be read into this PSA. Seller shall be solely responsible for payment of commission due to the Brokers in comection 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 sale of the sale of the Vessel to Buyer and adknowledges that the Brokers are third-party beneficiaries to this PSA.\n\n6. Seller's Representations; Repuirements for Closing, Seller represents and warrants that it will transfer to Buyer good and marketable tibe to the Vessel, free and clear of all debts, claiment law liers, security interests, encumbrances, excise taxes, and any other applicable taxes, customs' duties, or tarte, country, regulatory and/or taxing authority of any kind whatsoever (collective), \"Encumbrances\"). No less than two (2) bushess 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 at closing), (c) a guaranty and indemnfitation from Sellers representations and warranties in this Paragraph 6, jij) if Seller is a legal entity, a personal guaranty and Indemnlitication from Seller's beneficial owner(s) guaranteeling and warrantes in this Paragraph 6, and (e) copies of any other documents necessary for transfer of good and marketable title to Buyer. Seller shall pay and and shall cooperate fully to obtain, any authorized from any governing authority. Anyparty which is a legal entity will provide to the other prior to Closing (i) proof that it is in good standing under the State or other Jurisdiction under which the ently has been formed, (i) a consent action or resolution demonstrating the ently's duly authorized decision topurchase or sell as the authority of the individual delivering or accepting this PSA and/or purchase and sales documents, (il) a power of attorney demonstrating the authority of the Individual deivering or accepting the Vessel and (iv) as to Seller, its whe transfer information.\n\n7. Risk of Loss; Force Majeure. Seller will bear the tisk of or damage to the Vessel is damaged subsequent to Buyer's acceptance and the necessary repairs will cost less than five percent (5%) of the Purchase Rince 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 Vessel immediately prior to the damage and Buyer may inspect such repair, (b) Buyer must pay the Belivery of the Vessel as repaired, and (c) the Closing Date will be extenced by the repair period. If the Vessel is damaged to a greater extent subsequent to Buyer's acceptance, elther party may terminate this PSA with the same consequences as if Buyer hip rejected the rearly s cbligation to perform will be suspended to the extent required to accommodate unforeseeable events be control (\"Force Majeure Events\"), including, without limitation, acts of terrorism, strikes, lockouts riots, acts of war, fire, communication line fallures, computer viruses, power fallures, accidents, tropical storms, hurricanes, or other natural disasters. If a Force Majeure Event occurs, the time periods referred to in this PSA, Including, without limited in the deemed extended by the time necessary to permit the affected party to perform in accordance with this PSA; provided, however, if the Force Moyeure 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 consummated due to Buyer's nor-performance, including, without limitation, fallure or execute all documents necessary for completion of the\n\nBuyer's Initials\n\n©2020 International Yacht Brokers Association. All rights reserved.\n\nRev. 3.10.20\n\nSeller's Initials:\n\nPage Z of 4\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, nelther party may assign this PSA without the other party's consent shall no; be unreasonably withined. No claim or right arishg out of this PSA can be walved or discharged by one party, in whole or in writing, nor shall any walver 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. be resolved: (a) in the courts located in the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ ( by binding arbitration in the State of ................... (Florida, If left blank arbitration in London, England. If (q) or (b) is selected: (i) this Agreement will be governed by and interpreted according to the State of \\_ \\_ \\_ \\_ \\_ (Florida, if left blank)|jegardless of ts principles of conflicts-oflaws and (1) the proceedings will be county of the main office of the Selling Broke) or if the Selling Broker has no office In (Fort Lauderdale, Florida, if no other city Indicated), the Commercial Arbltration Rules of Florida, in 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 \\$1,000,000,000,000 the parties shall loired arbitrator from the Ist of arbitrators maintained Yocht Brokers Association (\"YBA\") within twenty (20) days of the giving of notice of arbitration. If the parties are chable to the IYBA shall have the power to make the single arbitrator. If the amount in controversy is greater, the parties shall each appolnt one arbitrator and the two arbitrators will jointly appoint a third arbitrator. If they cannot agree on the third arbithin 14 days, elther party may request that the IVBA applint the third arbitrators maintained by the YBA. The decision of the single arbitrator, or if a three abitrator panel, any two of the partles. An action may be brought in any court of competent Jurisdiction to enforce any arbitration. If (c) is selected: (() this Agreement will be governed by and interpreted In accordance with English law regardless of conflicts-of-laws, (i) the partles frevocably agree that any dispute arishg out of or in connection with this Agreement shall be referred to arbitration in accidance with the Arbitration Act 1996 on any statutory modification or re-enactment the extent necessary to give effect to the provisions of this Paragraph, (II) the arbitration shall be conducted in accordance with the Arbitrators Association (\"LMAA\") current when the arbitration is commenced, (iv) if the anount in dispute (including counterclaims) is less than USD\\$100,000, its Sniall Clains Procedure will apply, while If greater than or equal to USD\\$100,000 and less than USD\\$400,000, its Intermediate Claims Procedure is selected, the parties irrevocably submit to the exclusive of such or arbitral forum, walve 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 ther court or arbitral forum. The parties, having had the opportunity to seek legal counsel, walve trial by jury for claims arising under this Agreement, whether against each other on any Broker.\n\n| | SELLER: | |\n|-------------------|---------------------------------------------------------------------|--------------------|\n| Print: | Print: | |\n| Title: | Title: | |\n| Date: | Date: | |\n| | SELLING BROKER DEPOSIT CONFIRMATION (Subject to clearance of funds) | |\n| Print: | Amount: | |\n| Title: | Date: | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| Buyer's Initials: | | Seller's Initials: |\n| Page 4 of 4 | @2020 International Yacht Brokers Association. All rights reserved. | Rev. 3,10,20 |\n\nThis form was presided for the exclusive of the IYA. The partes and Brokers hereby elecse the it A from any lobility for domages resulting from or related of to suse. The VBA expressy disclaims and of ware mechantability and fitness for a particular pirpose, related on the tourn.\n\npurchase by the Closing Date: (1) the Deposit shall be retained by (or if the Deposit was not paid, Buyers hall pay a like and the Brokers as liquidated and agreed damages, as consideration for the execution of this PSA, in full settlement the parties, (I) the Selling Broker shall return to Buyer any other funds received from Buyer, and (ii) the relieved of all obligations per or the 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 shall divide in the same proportions as the commission would had a sale been consummatied. If the Ciosing is not consummated due to Seller's nor-performance, the Deposit, and any other money paid or deposited by Buyer, pursualit 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 for the Brokers the same commission otherwise payable had the fransaction closed.\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 Indenniffes and holds harmless Seller 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 if (a) Will Have Fully Inspected and MADE A TRIAL RUN OF THE VESSEL (OR HAVE VOLUNTARILY WAVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTISEMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS, OR REPRESENTATIONS (WHETHER ORAL OR WRITTEN, PROOR CONTEMPORANEOUS WITH THIS PSA) PROVIDED BY THE SELLER OR BROKERS. UPON CLOSING, BUYER WILL BE DEEMED TO HAVE ACCEPTED THE VESSEL IN ITS \"AS SC\" 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 obtalning financing. Buyer represents that it will arrange financing, if necessary. Buyer and Seller acknowledge that the Brokers have made no representations or warrantles with respect to Buyer's ability to obtain flhanchg, Buyer's qualifications to obtain any type of mortgage on the Vessel, or Buyer's ability to incument 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, emall 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 helfr, personal representatives and/or assigns. Seller shall not sell the Vessel or enter into any contract for the sale of the 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 themsely, whether directly or through an entity under a party's ownership or control, within two years after this PSA is terminated, Seller agens 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 funds have cleared into the Selling Broker's account, (b) the Selling Broker shall hold the Deposit in escrow once the finds have cleared and any other funds received by ether Broker from any party will be held in trust for that party, (c) the Selling Broker may he als the Brokers prlor 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 final non-appealable judgment, to have engaged in willful misconduct or acted with gross negligence.\n\n| | 15. Additional Terms. See Addendum. | |\n|--|-------------------------------------|--|\n| | | |\n| | | |\n| | | |\n\n16. Miscellaneous, This PSA, including its exhibits and schedules, is the entire ogreement between the parties pertainling to the subject matter hereof and supersedes all prior and contemporaneous negotiations, agreements, representations, warranting pertaining thereto, be they in writing, oral, or other becomes a party to any littgation 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 foundity have breached this PSA. In the event of any dispute between the parties hereto artising out of this PSA, the prevalling party (Including the Brokers) shall be entitled to recover reasonable expenses, attorney's fer 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 parties to this PSA to the extent possible rather than avolded. In any event, all other terms, conditions of this PSA shall be deemed valid and enforceable. There are no other dutles, obligations, llabilities, or warranties, except as set forty 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 atterney or Broker representing any party shall be as effective as It given by or to that party. All notices must be made hy personal delivery, overnight courier, facsinile, email or other electronic means, and shall be effective upon delivery clained. Buyer may assign this PSA to\n\nBuyer's Inltia\n\n@2020 International Yacht Brokers Association. All rights reserved.\n\nSeller's Initials:\n\nRev. 3.10.20\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, exccuted on [-------], 2023, with respect to the Lady and ball rightent 101 Drawoidance 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\t- 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\t- 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\t- 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\t- 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 Exelusions 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![](_page_145_Picture_10.jpeg)\n\nThere 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 paidshall 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'sSelling 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 diseretion, 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 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 conductedinspected: (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-rejectionaceeptance 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 paids (i) the SellerSelling 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 sentenceand/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 hereofDeposit 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 diselose 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 Vesselor, without Buyer's consent, disclose to Seller that Buver 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![](_page_147_Picture_8.jpeg)\n\nBankruptcy 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), (e) 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 (ce) 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 maymust 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 (ab) Buyer shallmust pay the Balance and take delivery of the Vessel as repaired, and (be) 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 on 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\n\n![](_page_148_Picture_6.jpeg)\n\nproportions as the commission would have been divided had a sale been eonsummated. 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 speeific performance. Seller agrees that specific performance is reasonable in light of the uniqueness of the Vessel, diffieulty of proof of loss, and the inconvenience or impossibility of otherwise obtaining an adequate remedy. If Closing is not consummated due to Seller's nonperformanceOn 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 TrusteeSelling Broker at Closing.\n\n15. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\nBuyer 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 benest of Ho Wan Kwok.\n\n16. Section 14 of the PSA are hereby modified as follows:\n\nThe parties acknowledge that (a) the SellerSelling-Broker will not be responsible for the Deposit until the funds have cleared into the Seller'sSelling Broker's account, (b) the SellerSelling 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\n![](_page_149_Picture_8.jpeg)\n\nparty, (c) the Seller Selling Broker shall pay, in accordance with this PSA may retain the commission due the Brokers prior to the releasedisbursement of the Deposit or Balanee 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, nNeither party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld.\n\n19. In the signature block on page 4 of the PSA, the phrase \"Selling Broker Deposit Confirmation (Subject to clearance of funds)\" is hereby modified to read: \"Seller Deposit Confirmation (Subject to clearance of funds)\".\n\nб\n\n| Seller |\n|------------------------------------------------------------------------------|\n| By: |\n| Name: Luc A. Despins, as chapter 11 trustee
for the estate of Ho Wan Kwok |\n| Date: |\n| |\n\nCase 22-50073 Doc 1930-18 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 152 of 238\n\n| Buyer | |\n|-------|--|\n| By | |\n| Nam | |\n| Title | |\n| Date | |\n| | |\n\n### **Exhibit 19**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 19 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### LETTER OF INTENT\n\nDate: May 12, 2023\n\n### RE: M/Y Lady May COBR # 745195\n\nTo Luc A Despins As Chapter 11 Trustee for the Estate of Ho Wan Kwok:\n\nhereby make the following offer for purchase of As per my inspection of Lady May, I Lady May subject to the following conditions:\n\n- 1) Purchase Price Twenty Million Dollars (\\$20,000,000)\n- If accepted, a deposit of 10% of the agreed price will be wired within 3 business days to the 2. escrow account of Edmiston and Company (details to be provided)\n- Offer acceptance is subject to approval of the Court. 3)\n- Subject to mutually agreed formal contract to be executed by both Buyer and Seller no later 4) than May 31, 2023.\n- 5) Subject to satisfactory sea trial and condition survey acceptable to the buyer. Seatrial and condition survey to be completed within 14 days of execution of mutually agreed formal contract condition survey to be completiention within 7 days of survey completion.\n- Subject to mutually agreed inventory of all onboard and ashore items belonging to the yacht 6) excluding the personal effects of the owner and crew.\n- Closing to take place no later than June 30, 2023. 7)\n- Subject to yacht being delivered at closing free of all debts, maritime liens and encumbrances. 8)\n- This letter of intent and the mutually acceptable formal contract are to be the subject of a 9) confidentiality clause to be agreed between the Buyer and Seller.\n\n### END OF OFFER.\n\nAccepted By Seller:\n\n### **Exhibit 20**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 20 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n## Bongartz, Alex\n\nFrom: Sent: To: Cc: Subject: Attachments:\n\nTuesday, May 30, 2023 3:46 PM Despins, Luc A. Bongartz, Alex [EXT] Lady May 20230530151310044.pdf\n\n--- External Email ---\n\nYou don't often get email from\n\n. Learn why this is important\n\nDear Mr. Despins:\n\nAs per the instructions from Dirk Johnson's email of May 24, 2023, attached please find the form of the PSA and Addendum (as written by yourselves) to purchase LADY MAY from\n\nThe offer is \\$21,500,000 with a survey acceptance/rejection date of June 20, 2023 and a closing on or before June 30, 2023.\n\nIn addition, bar and some miscellaneous small equipment that at one point in the past were on board the boat – if this is a fact, he would like to be able to access this container as part of the boat's inventory. If this is not a fact, then it's not an issue.\n\nLasty, in order to keep to the timeline of June 20 for acceptance/rejection of the survey and a closing on June 300, knowing if this offer is accepted as soon as possible is critical so a surveyor can be lined up.\n\nAs he has proven over the years having owned numerous vessels of Lady May's caliber and stature is ready, willing and able to complete this transaction, and I look forward to hearing from you at your earliest opportunity,\n\nSincerely,\n\n## Case 22-50073 Doc 1930-20 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 157 of 238\n\n![](_page_157_Picture_1.jpeg)\n\n### PURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL\n\n| BUYER: | | | SELLER: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok | |\n|------------------------------------------|-----------------|-------------------------------------------------|------------------------------------------------------------------------------|------------------|\n| Address | | Address: c/o Paul Hastings LLP, 200 Park Avenue | | |\n| | | | New York, New York 10166 | |\n| Nationality: | | | Nationality: U.S. | |\n| VESSEL NAME: Lady May | | | MANUFACTURER: Feadship | |\n| Model: Semi displacement motor yacht | | | Length Overall: 44.26m | |\n| Year: 2014 | | | Dog or Z Reg No,: 745195 | Flag: Cayman Is. |\n| Hull No.: 688 | | | Engine Description: Diesel (Caterpillar) | |\n| Selling Broker; | | | Listing Broker: Edmiston & Company Limited | |\n| | INFORTANT DATES | Children Children | PURCHASE PRICE | |\n| Offer Date: May 30, 2023 | | | Purchase Price: \\$21,500,000 | |\n| Offer Expiration Date: June 9, 2023 | | | Less Deposit: 120% of Purchase Price1 \\$4,300,000 | |\n| Accept/Reject Date: June 20, 2023 | | | Less Trade Allowance (see Addendum): Not applicable | |\n| Closing Date: on or before June 30, 2023 | | | Balance: \\$17,200,000 | |\n| | | | | |\n\nDelivery Location: International waters, off the coast of Rhode Island\n\nWOTE: If Vessel is to be moved to the Delivery Location must be specified with precision. The mere listing of a port or clty is insufficient.\n\n### ADDITIONAL REGISTERED VESSELS INCLUDED Yes 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 recornection in the corresponding term in the table above unless otherwlse defined hereln. The \"Effective Date\" of this PSA is the date on which is has been slantian \"Vessel\" also Includes all gear, machine, fuel, consumables, and all registered or new beatled to portules, tops, articles, and appurtenances on board the Vessel and/or Included on the Vassel's listing specification as of the date of the essent of the essent of the essent the 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 Accent/Releast Date, which thems are not Included in the sale. Buyer will be deemed to have accepted the Creation List if Italy Brodec and Selling Broker shall be referred to herein as the \"Brokers\" If there is a Trade Allowance, the conditions of the trade-in ull be severeded by the attached Trade-in Vessel Addendum. If either party falls to sign this PSA and deliver it to the other party on or before the Offer Explration Date, this PSA will be Ineffective.\n\n2. Deposit. Withh \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ the Selling Broker's account, as acknowledged below, as a deposit toward the Purchase Price to the terms of this PSA. Soller may refuse to permit Buyer to proceed with the trlat run, survey and other Inspections of the Vessel until the Deposit has cheared the che Selling Broker's escrow account.\n\n3. Survey Option; Acceptance of Vessel; Condition of Survey. Buyer's obligation to purchase the Yessel 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, and not the Brokers, will be the sole party responsible for any errors or ontission with resect to the survey, notwith the Brokers may have provided information to and assisted Buyer with hiring the surveyor, (c) Seller short moke the Vessel available and Buyer shall complete the trial run and survey as soon as practicable, (d) Seller shall pay all rung experiences for, and assume the risks associated with, the triall pay of costs of the survey, including ensociated costs, e.g., naming explaired dock, and subcontractors' charges, (o) Buyer and its surveyor will be solely responsible for determining the scope of the trial run to assess the Vessel's conformily with Buyer's requirements and (f) Buyer shall deliver written notice of rejection 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 he deemed to have rejected the Vessel ff it falls to give timely written notice of its acceptance of the Vessel, Seller will not m a Vessel pending Closing (defined in Paragraph 4) except to move the Vessel to the Delivery Location. If Buyer\n\ntuyer's Inlin\n\n@2020 International Yacht Brokers Association. All rights reserved,\n\nSeller's Initials:\n\nRev.3.10.20\n\nThe form was prepeared for the new beneft of the IYO.A. The partics and Boken Jeelses the YBA (ron any Hablily for drong ousliths) for demagas rusifilm from or related to is use. The HBA expressly disedans and oil warantes, including merchanted in theses for o portugular purpose, reated to the see of the gorn\n\nrelects or ls deemed to reject the Vessel, after all expenses Incurred on Buyer's behalf have been paid, (i) the Selling Broker shall requrn the Depast to Buyer, (i) this PSA will the parties and the Brokers will be released from any further llebility hereunder. The Brokers will not be responsible for the cost to correct any defects or deficiencles noted dring 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 have the 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 novel you will be the Recesser in transler of the Closing Location in the Closing Location uniess funds have been pald in fuil or are belig held states and excelled by upon delivery of the Vessel to the Closing Location and release of thie documents to the Buyer, Closing may be facilitated by overnight courter or election of cleared of the bleathed in Paragraph 1) to Buyer at the Delivery Location except for fuel consumed and any voyage to the Deliver Line Pessen (a Gelivery Location. On o before the Clasing Date, Seller must deling Broker all documents necessary to transfery this to the Vessel (and all often t herely required to be delivered) to Buyer shall pay the Balance to Selier (subject to Paragraph 6) and/or to be Selling on beller Broker for onward transfer to Seller by wire transfer. Any funds Seller owes to (1) the Brokers for the sening and/or other leems or {l} the holder of any other Encumbrance, will be deducted from the Seller by the Selling Broker prior to disbursenent of funds to Seller, which hereby instructs any Deposit hoider to pay the Conconission form the Deposit to the Brokers pursuant to the terms hereof.\n\ns. Brokers The partles acknowledge that the Sallng Broker and Listing Brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same broker consent to the Chris of Johns Child Collect on the Castle representing both buyer and Seller, and the Broker may disclose to both parties facts in the Broker man rally affection the Vessis value or desirability; provided, however, that in such instance the Broker's consent, disclairs consent, disclasse to Buyer that Seller is willing to sell the Vessel for an anount less than the asking price or, without Buyer's consent, disclose to Seller that be agent suilling to ay a price greater than the offering price. If the Listing Broker are different, the Usting Broker will represent Seler oply and owe no dutles, fiduclary or otherwise, to Buyer, and the Selling Broker will represent Buyer only and owe no and and or otherwise, to Seller (though pald by Seler). The Brokers are obligated to perform only the dutles expressly self forth her numbled dutles or obligations may be read into this PSA. Seller shall be solely responsible for payment of commission due to the Brinkers in connection with the sale of the Vessel as set forth herein. Each party represents and warrants to the other that he has not were or dealt with any other broker, agent or finder in carrylig out the negotiations relating to the sale of the Vessel to Buyer and Perinovier of that the Brokers are third-party beneficiaties 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, martimen lew liens, security interests, encumbrances, exclse thans and other applicable taxes, sustoms' ductes, or tariffs due to any state, country, regulatory of any kind whatsever hodlerty, he \"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 at closing), (c) a guaranty and indennification from Seller's representations and warranties in this Paragraph 6, (d) lf Sailer is a legai entity, a personal guaranty and indemnification from Seller's benefis) guaranteelng Seller's representations and warranties in this Paragraph 6, and (e) copies of any other documents necessery for transfer of good and marketable title to Buyer, Seller shall pay and shall cooperate fully to obtain any authorized from any governing authority. Any party which is a legal ently will provide to the other prior to Glosing (!) proof that It is it good standing under the State or other jurisdiction under which the entity has been formed, (il) a consent action or resolution demonstrating the entity's duly authorized decision to purchase or well the vene es the authority of the Individual delivering or accepting the Vessel and/or executing this PSA and/or purchase and sales documents; (III a pover of attorney demonstrating the authority of the Individual delivering or accepting the Vessel and (ly) as to Seller, its wire transfer Information,\n\n7. Risk of Loss; Force Majeure. Sollar will bear the risk of loss of or damage to the Vessel is damaged subsequent to Buyer's acceptance and the necessary repals will cost less than five percent (5%) of the Purchase Price and require fewer than 30 days to complete, then (a) Seller must repair to Closing In accordance with sound marine practices to the Vessel Immediately prior to the canage and Buyer may inspect such repair, (b) Buyer nust pay the Balance and take dellery of the Vessel as repaired, and (c) the Closing Date will be extended by the repair period. If the Vessel is damaged to a greator extent subsequent to Buyer's acceptance, elther party may terminate this PSA with the same consequences as if Buyer had rejected the Vessel. Elther party's obligation to perform will be suspent required to accommodate unforeseable events beyond that party's reasonable control (\"Force Mdeure Events\"), heluding, without limitation, acts of God, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication Ilne fallures, computer viruses, power failures, accidents, tropical storms, hurricanes, or other natural disasters. If a Force Mdjeure Event occurs, the Ume periods referred to in this PSA, Including, the Closing Date, will be ceemed extended by the time necessary to permit the affected party to perform in accordance with this PSA; provided, however, if the Force Majeure Dyest delays the Closing Date for a period of at more than 30 days, elther party may terninate this PSA with the same consequences as if Buyer had rejected the Vessel.\n\n| | . Default. Naturitistanding mything herein to the contrary, if the Deposit is not paid when due or Ocsing is not consummated due to |\n|---------------|---------------------------------------------------------------------------------------------------------------------------------------|\n| Froul s.JBANG | Including. Without limitation, fallure to pay the Bajance or execute all documents persons for completion of the |\n\n| Buyer's Intlals! | | Soller's In Itlals: |\n|------------------|--------------------------------------------------------------------|---------------------|\n| Page 2 of 4 | @2020 International Vacht Brokers Association. All Aghts reserved. | Rev. 3.10.20 |\n\npurchase by the Closing Date: (i) the Deposit was not paid, Buyer shall pay a like anot paid, Buyer shall pay a like anount to) Seller and the Brokers as Ilquidated and agreed damages, as consideration of this Not pay Business of aller and of all of this between the parties, (i) the Selling Broker shall return to Buyer and (ill) the parties will be relieved of all be relieved of al obligation under this PSA. Buyer and Seller are that the Deposit will be applied first no and the species on all other of Birder, or expenses that Blyer of Broker Incured against the Vessel and then divided fifty percent (50%) to the Self)fith of any android on the Brokers shall divide in the same proportions as the commission would have been consummated. If the Closed, with the Dollers Shammed duato Seller's non-performance, the Deposit, and any other money paid or deposited by Buyer, pursuant to this eSA will be returned on 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 process, and the Inconventerce or impossibility of otherwise is reasiling an adequate ennely. On Seller's default, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed.\n\n9. Sales and Use Taxes. Sales or use takes payable of the Vessel, if applicable, are Buyer's responsibility, and Buyer shall pay the taxes due to the Selling. Buyer hereby Indemnifies and holds harmless Seller and the Brokers against and from anye 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 GODD AND CORRECT AND OFFER THE INFORMATION IN GOOD FAITH, BUT DO NOT AND CANNOT GUARANTEE THE ACCURACY OF SUCH INFORMATION. BUYER VARIES AND REPRESENTS, AS OF THE TIME OF CLOSING, THAT IT (A) WILL HAVE FULLY INSPECTED IND MADE A TRAL RUN OF THE VESEL (OR HAVE VOLUNTARILY WAVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTIERMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS, OR REPRESENTATIONS (WHETHER ORAL OR WRITTEN, PRODR TO OR CONTEMPORARIOUS WITH THIS PSA PROVIDED BY THE SELER OR BROKERS. UPON CLOSING, BUYER WILL BE DEEMED TO HAVE ACCEPTED THE VESSEL WITH SYSTEM ITS \"AS 'AS 'AS' AS' CONDITION SELLER AND THE BROKENS NO WARRANTY, EITHER EXPRESSED OR MARCE (LO THE VESSENT TIC VESSENTATION AS TO THE CONDITION OF THE VESSEL, ITS FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABLITY, ALL OF WHICH ARE RESCLAIMITD.\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 warrantles with respect to Buyer's allity on 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 lurisdiction.\n\n12. Counterparts. The partles 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 helrs, personal representatives and/or assigns. Seller shall not sell the Vessel or enter htt a ale of the Vessel while this PSA ls in effect, II a relfect, II a rele is not non one in In accordance with the terms of this PSA, and Buyer and Seller enter Into a contract between themselves for the Vessel, whether drectly or through an ently under a party's ownership or control, within two years after this PSA is terminated, Seller agrees to positive frociners an amount identical to the commission the Brokers would have received had the transaction contemplated under this PSA closed.\n\n14. Eastrowed Funds. The partles acknowledge that (a) the Solling Broker will not be responsible for the funds have clear ed 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 recelved by either Broker from any party will be held In trust for that party, (c) the Selling Broker may retain the commission dure thers 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 Indemnlify 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 estrowed funds) and those relating to a claim for a commission, except as to a Broker found, in a fhal non-appealable Judgment, to have engaged in willful misconduct or acted with gross negligence.\n\n15. Additional Terms. See Addendum.\n\n16. MIscellaneous, This PSA, including its exhibits and schedules, is the entire agreement between the subject matter hereof and supersedes all prior and contemporaneous negolations, agreements, representations, warrantles, portaling thereto, be they in writthg, ora, or other 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 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 unentorceable for any reason, it shall be Interpreted to achieve the intent of the PSA to the extent possible rether than avoided. In any event, all other terms, conditions of this PSA shall be deemed valid and enforceable. There are no other dutles, obligetions, lablities, or warranties, except as set forth hereh. This PSA nay not be arnended 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 courler, facsimille, c telectronic means, and shalf be effective upon delivery retained. Buyer may assign this PSA to\n\nBuyer's Initia\n\n@2020 International Yocht Brokers Association. All rights reserved.\n\nRev. 3.10.20\n\nSeller's Initials:\n\nany member(s) of Buyer's immediate family over entity owned or controlled by Buyer and/or any member(s) of his immediate family. Otherwise, nether party may as the PSA without the other party's consent shall not be unreasonably withheld. No claim o rlobb artistics of this PSA can be walved or discussion in whole on in part, unleasting on shall any withing, nor shall any wallen be applicable except in the specific instance for which it is given. Paragraph headings are informational and included only for other his very\n\n17. Governing Law and Dispute Resolution. Check (a), (b) or (c), if none checked, (a) will apply. Agy dispute Involving this Agreement will be resolved (a) [a] [a] 1 the courts located in the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Florda, lf left blank), (c) by blog arbitration in Lordon, England. If this Agreement will be governed by and interpreted according to the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ laws and (i) 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 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------the American Arbitration (\"AAA\") In fore when the arbitration Is commenced will apply unless nee following rules apply: \" \" \" \" \" \" \" \" If the amount in controvery Including counterclaims is not more than USD \\$1,000,000,00, the patters shall pints and the list of control on the list of and the here than be Association (\"YBA\") within twenty (20) days of the new the new are and the manufacturer in the meeting the IYBA shall have the power to nake the shgle arbitrator. if the amount in controlersy is greter the partes shall each appoint one arbitrators will jointly appoint a third arbitr'in the oncores is a greates in the proties in the protress national development elther party may request that the third arbitrator from the list of arbitrators maktalined by the YPA. The decline of the shele arbitrator, or if a three abirator panel, any two of them will be final and blinding on the parties. An any be brought in any caut leters to in association to enforce any arbitral award or compel arbitration. If (c) is selected: (i) this Areennent will be governed by and interpreted in accordance with English law regardless of ts principles of conflicts-of-laws, (life the more the nim dispute ansing out of or in connection with this Agreement sixal be referred to arbitration 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 Paragan). (1)), (1) he arbitration shall be conducted in accordance with the rules of London Maritime Arbitrators Association (\"Lind\") current when the arbitration ls conmenced, (Iv) if the anount in dispute (Including counterclaims) is less than USD\\$100,000, its Small Claims Procedurer while in greater than or equal to USD\\$100,000 and less than USD\\$400,000, Its internediate Claims Procedure will apply. Whitever option is seleced, the partles irrevocably submit to the exclusive jurisdiction of such or arbitral forum, waive any objection the now or herear may herear may hereaver may herear may herear ma to venue of convenience of forum, agree that all claims relating to the proceeding will be decided anly in such court or arbitral forum and, further, not to bring any claim relating to this Agreement in any other court or arties, having had the epportunity in seek legal counsel, walve trial by Jury for claims artising under this Agreement, whether against each other or any Broker.\n\n| BUYE | SELLER: |\n|---------------------------|---------------------------|\n| Print:
Title:
Date: | Print:
Title:
Date: |\n\n### SELLING BROKER DEPOSIT CONFIRMATION (Subject to clearance of funds)\n\n| Print: | Amount: |\n|--------|---------|\n| Title: | Date: |\n\nBuyer's Initials:\n\n02020 international Yacht Brokers Association. All rights reserved.\n\nSeller's initials:\n\nRev. 3.10.20\n\nThis form wos prepared on the exchusive of the menthers of the ITIA. The parties and Irokers the 1894 from any kabilly for damages ceallthy for damages ceallthy for damages or related to lo use. The WA expressy dicedulins any and oil varantes, holding merchantebilly ond fitness for o particular purpose, rehited to the your 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 Kwol and (i) [ ----------- (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 May 30, 2023, with respect to the Lady May (the \"PSA\"). For the avoidance of doubt, any reference to the PSA (whother 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 Connectiout (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. Aproement, 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 Brolusion 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 I of the PSA is hereby modified as follows:\n\nThere 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 Soller's signature of this PSA, On [ ---- ], 2023, Buyer paidshall 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'sSelling Broken'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 diseretion, 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 acceptedrojected the Vessel if it fails to give timely written notice of its-rejectionneseptanee 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\n![](_page_162_Picture_6.jpeg)\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 (fili) 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 dofects 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 sentenceandfor to the Solling 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 Enoumbrance, will be deducted from the amount due Seller by the Selling Broker prior to disbursement of funds to Seller, which hereby irrovocably instructs any Deposit holder to pay the Commission from the Deposit-to the Brokers pursuant to the terms horee 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 Vesseler, without Buyer's consent, disclose to Sellor that Buyer is willing to pay a price groater 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, Seiler 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\nBankruptcy 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), (e) 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 (ce) 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 maymust 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 (ab) Buyer shallmest pay the Balance and take delivery of the Vessel as repaired, and (be) the Closing Date will be extended by the length of the repair period. If the Vessel is damaged to a greater extent subséquent to Buyen'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 for 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 S200,000 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 Vessol and then divided fifty percent (50%) to the Seller and fifty percent (50%) to the Brokers, which the Brokers shall divide in the same\n\nCase 22-50073 Doc 1968-2611e6106122/2EntEreteldol 80/22/22:33 8.000:24Page2000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 ત્વે 384\n\n> proportions as the commission would have been divided had a sale been oonsummated. 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 Buyers 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 uniquenoss of the Vessol, difficulty of proof of loss, and the inconvenionee 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 sluall 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 TrusteeSelling Broker at Closing,\n\n15. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\nBuyer 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 SellerSelling Broker will not be responsible for the Deposit until the funds have cloared into the Seller's Solling 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 cither Broker from any party will be held in trust for that\n\n![](_page_165_Picture_8.jpeg)\n\nCase 22-50073 Doc 1968-2611e6106122/2EntEretele66186/22/22:338.000:24Page2007108 જુરીક\n\n> party, (c) the Seller Selling Broker shall pay, in accordance with this PSA may retain the commission due the Brokers prior to the releasedisbursement 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-momber (s) of Buyer's immediate family or any entity owned or controlled by Buyer and/or any member(o) of his immediate family. Otherwise, nNeither party may assign this PSA without the other party's consent which consent shall not be unreasonably withheld.\n\n19. In the signature block on page 4 of the PSA, the phrase \"Selling Broker Deposit Confirmation (Subject to clearance of funds)\" is hereby modified to read: \"Seller Deposit Confirmation (Subject to clearance of funds)\",\n\nSeller\n\nBy:\n\nName: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok\n\nDate:\n\nCase 22-50073 Doc 1930-20 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 168 of 238\n\n![](_page_167_Figure_1.jpeg)\n\n## **Exhibit 21**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 21 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n## **LETTER OF INTENT**\n\nLuc A. Despins, as the Chapter 11 Trustee for the estate of Ho Wan Kwok (the \"Seller\"), and (the \"Buyer\"), hereby confirm their intent to enter into a Vessel Purchase Agreement for the Buyer's purchase of \"Lady May\" a 2014/2019 44.25m \"Feadship\" motor yacht bearing British Official Number 745195 and her tenders and inventory (the \"Vessel\") at a price of \\$18,000,000.00 (Eighteen Million Dollars). With the execution by the Seller and Buyer of this Letter of Intent the Buyer will send an earnest money deposit of \\$1,800,000.00 (One Million Eight Hundred Thousand Dollars) (the \"Deposit\"), to the Law Offices of (the \"Escrow Agent\")\n\nwithin three business days.\n\nThis offer is subject to the conclusion of a Vessel Purchase Agreement acceptable to both parties. The parties agree, in good faith, to use their best endeavors to come to an agreement on the contract terms and sign a Vessel Purchase Agreement by May 12, 2023 (the \"Contract Date\"). For the avoidance of doubt, the parties agree that the terms shall include without limitation, that the Buyer will complete its due diligence withing three weeks of signing the Vessel Purchase Agreement, and the Buyer will receive a court order noting that the Vessel is conveyed free and clear of any claims. If the parties fail to enter into a Vessel Purchase Agreement by the Contract Date, or the Buyer's earnest money deposit is not received by the Escrow Agent by May 12, 2023, 5:00 p.m. EST the Seller may discontinue negotiations and put the Vessel back on the market for sale to other individuals or entities.\n\nIf the parties proceed to a Vessel Purchase Agreement, the Escrow Agent will apply the Deposit as part of the contract price. If the parties cannot come to contract terms, the Escrow Agent will return the Deposit to the Buyer, in full, immediately upon the Buyer's written request.\n\nSignatures may be transmitted via emailed pdf copies, with the Seller and Buyer agreeing that emailed signatures shall serve the same as originals.\n\nThis Letter of Intent shall be governed by and construed and enforced in accordance with the laws of the State of Florida. The venue of any action arising from this Agreement shall lie exclusively in the Circuit Court of the Fifteenth Judicial Circuit, in and for Palm Beach County, Florida, and both parties shall submit to the jurisdiction of such court.\n\nAgreed:\n\n| Buyer: | Luc A. Despins, as the Chapter 11 Trustee for the
estate of Ho Wan Kwok |\n|----------------------------------|----------------------------------------------------------------------------|\n| By: _
__ | By: ___________________________________ |\n| | Its: __________________________________ |\n| 9
Dated: May_______, 202
3 | Dated: May_______, 2023 |\n\n### **Exhibit 22**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 22 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### Case 22-50073 Doc 1930-22 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 2 of 3 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 172 of 238\n\n## **Bongartz, Alex**\n\n| From: | Dirk Johnson |\n|----------|----------------------------------------------------|\n| Sent: | Monday, May 22, 2023 6:01 PM |\n| To: | Despins, Luc A.; Bongartz, Alex |\n| Subject: | [EXT] Offer 1 increased \\$20M |\n\n## **--- External Email ---**\n\nDear Luc,\n\nhas increased his offer to \\$20,000,000. His terms are in line with all the other offers and until we settle on a price there is no reason to fine tunes dates. He is prepared to move quickly and I will send him our proposed term sheet as soon as it is approved by the Judge. Dirk\n\n![](_page_172_Picture_0.jpeg)\n\n### **Exhibit 23**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 23 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_174_Picture_0.jpeg)\n\n## BROKERS ASSOCIATION International Yacht Brokers Association, Inc.\n\nPURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL\n\n| BUYER: | SELLER: LUC A. DESPINS, AS CH11 TRSTEE OBO HO WAN KWOK | | |\n|----------------------------------------------------------------------|--------------------------------------------------------|--|--|\n| Address | Address: C/O PAUL HASTINGS LLP | | |\n| | 200 PARK AVENUE, NEW YORK, NY 10166 | | |\n| Nationality: | Nationality: | | |\n| VESSEL NAME: LADY MAY | MANUFACTURER: FEADSHIP | | |\n| Model: CUSTOM | Length Overall: 46.2 M | | |\n| Year: 2014 | TDoc or 7 Reg No .: 745195
Flag: CAY MAN | | |\n| Hull No.: 688 | Engine Description: | | |\n| Selling Broker: | Listing Broker: DIRK JOHNSON - EDMISTON | | |\n| IMPORTANT DATES | PURCHASE PRICE | | |\n| Offer Date: MAY 17, 2023 | Purchase Price: \\$18,500,000 | | |\n| Offer Expiration Date: MAY 29, 2023 | Less Deposit: \\$3,700,000 | | |\n| Accept/Reject Date: June 6, 2023 | Less Trade Allowance (see Addendum): | | |\n| Closing Date: JUNE 21, 2023 | Balance: \\$14,800,000 | | |\n| | | | |\n| Delivery Location: BERMUDA OR AS MUTUALLY AGREED BETWEEN THE PARTIES | | | |\n\nNote: If Vessel is to be moved to the Delivery Location must be specified with precision.\n\n## ADDITIONAL REGISTERED VESSELS INCLUDED 7 Yes | | No\n\n1. Agreement. Buyer agrees to purchase, and 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 size it has been signed by both parties. \"Vessel\" also includes all gear, machiner, fuel, consumables, and all registered or unregistered tenders, toys, articles and appurtenances on board 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 (5) 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 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 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ Deposit to the Selling Broker's account, as acknowledged below, as a deposit toward the Purchase Price 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 rial run, and Buyer shall pay all costs of the survey, including associated costs, e.g., haul-out, 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 Listing Broker on or before the Accept/Reject Date. An acceptance subject to any conditions will be deemed a proposal to amend this PSA and will not preclude Buyer from accepting the Vessel unconditionally 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 of the Vessel, Seller will\n\n![](_page_174_Picture_10.jpeg)\n\nBuyer's Initials Page 1 of 4\n\n©2022 International Yacht Brokers Association. All rights reserved.\n\nSeller's Initials: Rev. 2.1.22\n\nThis form was prepred for the exclusive use and benefit of the IYBA. The parties and Brokers he WBA from any libility for danages resulting for or related to its use. The IBA expressy disclains any and all warrantability and fitness for a particular purpose, related to the use of this form.\n\nnot make any use of the Vessel pending Closing (defined in Paragagh 4) except 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 shall return the Deposit to Buyer, (ii) this PSA will terminate, 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 of originals of all other documents necessary for transfer of good and marketable title to Buyer. If the Vessel must move to the 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 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, Selling Broker all documents necessary to transfer title to the Vessel (and all other items hereby required) to Buyer. At Closing, Buyer shall pay the Balance to Seller (subject to Paragraph 6) and/or to the Selling Broker for onward 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 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 are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same broker 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 procer 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). 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, and any other applicable taxes, customs duties, or tariffs due to any state, country, regulatory and or taxing whatsoever (collectively, \"Encumbrances\"). No les 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'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 incorporating the litigation costs, attorney's fees, governing law and dispute resolution provisions in this PSA, 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 is a legal entity will provide to the other prior to Closing (i) proof that it is in good standing under the State or other jurisdiction under which the entity has been formed, (ii) a consent action demonstrating the entity's duly authorized decision to purchase or sell the Vessel as well as the authority of the individual delivering or accepting this PSA and/or purchase and sales documents, (ii) a power of attorney demonstrating 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 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 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 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. Ether party's obligation to perform will be suspended to accommodate unforeseeable events beyond that party's reasonable control (\"Force Majeure Events\"), including, without limitation, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication lines, computer viruses, power failures, accidents, tropical storms, hurricanes, earthquakes, plagues, pandemics, infectious disease outbreaks, or other natural disasters of any type (without limitation), quarantines, travel restrictions, whether declared by a governmental organization, interruptions of\n\n![](_page_175_Picture_7.jpeg)\n\nregular transportation, civil disobedience, piracy, and hostilities ഉടുക്കു type (without limitation), affecting the by either party of its obligations herein. 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 60 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 ages, as consideration for the execution of this PSA, in full settlement of all claims between the parties, (ii) the Seling 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 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 will have the right of specific performance. Seller agrees that specific performance is reasonable in light of the Vessel, difficulty of proof of loss, and the inconvenience or impossibility of otherwise obtaining an adequate remedy. On Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed.\n\n9. Sales and Use Taxes. Sales or use taxes payable on Buyer's purchase of the Vessel, if applicable, are Buyer shall pay the taxes due to the Selling. 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, PROOR 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 Contract; 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 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 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, 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## 15. Additional Terms. ADDENDUM ONE FORMS AN INTEGRAL PART OF THIS AGREEMENT.\n\n![](_page_176_Picture_10.jpeg)\n\n### Case 22-50073 Doc 1930-23 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 5 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 178 of\n\n| BUYER: | SELLER: |\n|--------|---------|\n| Print: | Print: |\n| Title: | Title: |\n| Date: | Date: |\n| BUYER: | SELLER: |\n| Print: | Print: |\n| Title: | Title: |\n| Dato' | Doto: |\n\n![](_page_177_Picture_6.jpeg)\n\n### Addendum\n\nThis Addendum is made to the Purchase and Sale Agreement for Brokerage Vessel dated May 5, 2023 (the \"Agreement\"), between ======================================================================================================================================= Despins, as Chapter 11 Bankruptcy Trustee for the Estate of Ho Wan Kwok (\"Seller\").\n\nThe parties supplement and amend the Agreement as follows:\n\n- 1. Interpretation of This Addendum. Capitalized terms in this Addendum have the same meanings as in the Agreement unless separately defined herein.\n- 2. Escrow Agent. (the \"Escrow Agent\"), shall hold and disburse the Deposit, and any other money and documents deposited by Buyer and Seller, in accordance with the Agreement. Every reference in the Agreement to the Selling Broker as the holder of the Deposit, and any other money and documents, will be interpreted to refer to the Escrow Agent. The Seller and the Buyer acknowledge that the Escrow Agent is the law firm representing the Buyer and agree that the Escrow Agent may continue to represent the Buyer in this transaction and in any dispute arising between the parties.\n- 3. Closing Documents. At or before Closing, Buyer and Seller shall deliver to each other the documents listed in the attached Exhibit 1.\n- 4. Due Diligence. Buyer, Seller, and Brokers each shall, upon request, provide any information or documents reasonably required by the requesting party's bank to establish the identity, residency, and source of funds of its beneficial owner or owners.\n- 5. Inconsistency. This Addendum governs over any inconsistent terms in the Agreement, which, as amended hereby, is declared to be in full force and effect.\n- 6. Signing of This Addendum. An electronic signature of this Addendum will have the same effect as a handwritten signature. This Addendum may be signed in counterparts, which, together, will constitute a single instrument. A signed copy of this Addendum sent by email, facsimile, or other electronic means will be deemed an original for all purposes.\n\n## Signatures appear on following page.\n\n![](_page_179_Picture_1.jpeg)\n\nSeller:\n\nEstate of Ho Wan Kwok\n\nBy: Luc A. Despins\n\nIts: Trustee\n\n## Escrow Agent:\n\nThe Escrow Agent shall hold and disburse the Deposit, and any other money and documents deposited with the Escrow Agent, in accordance with this Agreement.\n\n| By: By: 1 | |\n|-----------|--|\n| Title: | |\n\n## Exhibit 1: Document List\n\nAt or before Closing, Seller shall deliver the following documents to Buyer:\n\n### Registration Documents\n\n- 1. Certificate of British Registry for the Vessel;\n- 2. transcript of title for the Vessel, showing title to the Vessel in Seller, free and clear of any recorded liens, claims, or encumbrances, dated no more than three business days before Closing;\n- 3. three original bills of sale for the Vessel warranting that the Vessel is transferred to Buyer free and clear of any lien, claim, or encumbrance, in a form recordable in the registry designated by Buyer;\n- 4. two original bills of sale for each of the Vessel's tenders and toys warranting that each is transferred to Buyer free and clear of any lien, claim, or encumbrance, in a form recordable in the registry designated by Buyer;\n- 5. original endorsed titles, registrations, manufacturers' statements of origin, and statements of non-registry, as applicable, for the Vessel's tenders and toys, in a form recordable in the registry designated by Buyer;\n\n## Technical Documents and Certificates\n\n- 6. Classification Certificate, if issued and in Seller's possession or control, or if expired, the last expired version;\n- 7. Confirmation of Class Certificate, if applicable, dated no more than seven business days before Closing;\n- 8. Any class and flag state certificates confirming the Vessel's commercial compliance, if issued and in Seller's possession or control, or if expired, the last expired version;\n- 9. the Vessel's logbooks and all plans, blueprints, handbooks, manuals, warranties, and technical data in Seller's possession relating to the Vessel and her machinery and equipment (which will be delivered on board the Vessel), or if issued and in Seller's possession or control, or if expired, the last expired version;\n\n## Corporate Authorization\n\n10. an order entered by the bankruptcy court in accordance with bankruptcy code section 363, free and clear of all liens, encumbrances, and interests;\n\nAt or before Closing, Buyer shall deliver the following documents to Seller:\n\n11. assignment of contract;\n\nBuyer's Initials:\n\nSeller's Initials:\n\n### Case 22-50073 Doc 1930-23 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 9 of 9 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 182 of 238\n\n- 12. certificate of status for Buyer from the appropriate authority in Buyer's jurisdiction, dated no more than five business days before Closing;\n- 13. copies of the certificate of formation, articles of organization, and operating agreement, or equivalent organizational documents, for Buyer, certified by a manager of Buyer to be true copies\n- 14. certificate of incumbency for Buyer, stating the members, managers, and officers, or equivalents, of Buyer; and\n- 15. written consent of the managers of Buyer authorizing the purchase of the Vessel from Seller and confirming the authority of any person signing documents on Buyer's behalf, together with the original of any power of attorney referred to in this consent.\n\n## **Exhibit 24**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 24 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n## Bongartz, Alex\n\n| From: | |\n|--------------|--------------------------------------|\n| Sent: | Tuesday, May 30, 2023 4:40 PM |\n| lo: | Bongartz, Alex |\n| Cc: | daj@edmiston.com; Despins, Luc A. |\n| Subject: | [EXT] RE: Lady May - Addendum to PSA |\n| Attachments: | PSA and Addendum Lady May |\n| | |\n\nYou don't often get email from\n\n. Learn why this is important\n\nGood Afternoon,\n\nPlease find attached the signed PSA and addendum for the purchase of M/Y Lady May.\n\nThe terms of PSA and addendum were not altered from what was provided.\n\nThe client is ready to send the deposit immediately and proceed with the survey.\n\nBest Regards,\n\n![](_page_183_Picture_10.jpeg)\n\nFrom: Bongartz, Alex Sent: Tuesday, May 30, 2023 2:15 PM To: Cc: daj@edmiston.com; Despins, Luc A. \n\nSubject: RE: Lady May - Addendum to PSA\n\nYes, you have attached the correct version of the Addendum.\n\nAlex\n\nFrom: Sent: Tuesday, May 30, 2023 1:07 PM To: Bongartz, Alex Cc: daj@edmiston.com; Despins, Luc A. Subject: [EXT] Lady May - Addendum to PSA\n\nYou don't often get email from\n\n. Learn why this is important\n\nGood Afternoon Alex and Dirk,\n\n### Case 22-50073 Doc 1930-24 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 185 of 238\n\nPlease confirm that the attached addendum is what you would like executed and submitted with the PSA. If it is not, please send me the appropriate version to execute. Thank you.\n\nBest Regards,\n\n![](_page_184_Picture_3.jpeg)\n\n238\n\n![](_page_185_Picture_1.jpeg)\n\nINTERNATIONAL YACHT BROKERS ASSOCIATION\n\n## PURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL\n\n| BUYER: | SELLER: I.uc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok | |\n|------------------------------------------|------------------------------------------------------------------------------|--|\n| Address: | Address: c/o Paul Hastings LLP, 200 Park Avenue | |\n| | New York, New York 10166 | |\n| Nationality: | Nationality: U.S. | |\n| VESSEL NAME: Lady May | MANUFACTURER: Feadship | |\n| Model: Semi displacement motor yacht | Length Overall: 44.25m | |\n| Year: 2014 | Doc or / Reg No .: 745195
Flag: Cayman Is. | |\n| Hull No.: 688 | Engine Description: Diesel (Caterpillar) | |\n| Selling Broker: | Listing Broker: Edmiston & Company Limited | |\n| IMPORTANT DATES | PURCHASE PRICE | |\n| Offer Date: May 30, 2023 | Purchase Price: \\$16.400,000.00 | |\n| Offer Expiration Date: June 9, 2023 | Less Deposit: \\$3.280.000.00 | |\n| Accept/Reject Date: June 28, 2023 | Less Trade Allowance (see Addendum): Not applicable | |\n| Closing Date: on or before July 20, 2023 | Balance: \\$13,120,000.00 | |\n\nDelivery Location: International waters, off the coast of Rhode Island NOTE: If Vessel is to be moved to the Delivery Location must be specified with precision. The mere listing of a port or city is insyfficient.\n\nADDITIONAL REGISTERED VESSELS INCLUDED Y Yes \\_ No\n\n1. Agreement. Buyer agrees to purchase, and 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 here of this PSA is the date on which is has been signed by both parties. \"Vessel\" also includes all gear, machinent, furniture, fuel, consumables, and all registered tenders, toys, articles and appurtenances on board the Vessel and/or included on the Vessel's listing specification as of this Agreement, except for items listed on the Exclusions List provided by the Seller or Listing Broker on the effective Date or (b) the Accept (b) the Accept (beject 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 here's .\" 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 Explration Date, this PSA will be ineffective.\n\n2. Deposit. Within business days if left blank) following Sellers 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 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; (a) Buyer will select 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 Broked information to and assisted Buyer with hiring the surveyor, (c) Seller shall moke 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 trial run to assess the Vessel's confornity with 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 of the Vessel, Seller will not make any use of the Vessel pending (defined in Paragraph 4) except to move the Vessel to the Delivery Location. f Buyer\n\nBuyer's Initials:\n\n@2020 International Yacht Brokers Association. All rights reserved.\n\nSeller's Initials:\n\nRev.3.10.20\n\nThis form was prepared for the exclusive use and be IYA. The parties and Bokers hereby celesse the YOA from any liability for domages resulting from or reloted to its use. The IPBA expressly disclaims and oil warrantes, including merchantability and fitness for a particular purpose, related to the use of this form.\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, (i) this PSA will terminate, and (ii) 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 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 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 deling 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 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 are the only brokers that procured this PSA, If the Listing Broker and the Selling Broker are the same broker 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'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 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, 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 State or other jurisdiction under which the entity has been formed, (ii) a consent action or resolution the entity's duly authorized decision to purchase or sell the Vessel as well as the authority of the individual delivering or accepting 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 lossel prior to Closing. If the Vessel is damaged subsequent to Buyer's acceptance and the necessary repairs will cost han five percent (5%) of the Purchase Price and require fewer than 30 days to complete, then (a) Seller must repair the 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 repair period. If the Vessel is damaged to a greater extent subsequent to Buyer's acceptance, elther 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 unforeseable events beyond that party's reasonable control (\"Force Mojeure Events\"), including, without limitation, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication line failures, computer viruses, power failures, accidents, tropical storms, hurricanes, 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 Mojeure 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\n### 8. 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@2020 International Yacht Brokers Association. All rights reserved.\n\nRev. 3.10.20\n\nSeller's Initials:\n\npurchase by the Closing Date: (i) the Deposit shall be retained by (of the Deposit was not paid, Buyer shall pay a like anount to) Seller and the Brokers as liquidated and agreed damages, as consideration of this PSA, in full settlement of all claims between the parties, (ii) the Selling Broker shall return to Buyer, and (ii) 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 shall divide in the same proportions as the commission would have 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 is reasonable in light of the uniqueness of the Vessel, difficulty of proof of loss, and the inconvenience or impossibility of otherwise on adequate remedy. On Seller's default, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed.\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 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 WAVED 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 contining 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 Vessel, whether directly or through an entity under a party's ownership or control, within two years after this PSA is terminated, Seller agens 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 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, 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\nSee Addendum. 15. Additional Terms.\n\n16. Miscellaneous. This PSA, including its exhibits and schedules, is the entire ggreement between the subject matter hereof and supersedes all prior and contemporaneous negotiations, warrantes, and understandings pertaining thereto, be they in writing, oral, or other 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 prevaling 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 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, enail, or other electronic means, and shall be effective upon delivery retained. Buyer may assign this PSA to\n\nBuyer's Initials:\n\n@2020 International Yacht Brokers Association. All rights reserved.\n\nRev. 3.10.20\n\nSeller's Initials:\n\n### Case 22-50073 Doc 1930-24 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 7 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 189 of\n\n| BUYER: | | SELLER: |\n|-----------|--------|---------|\n| Print: __ | | Print: |\n| | Title: | |\n| | | Date: |\n\n| Print: | Amount: | |\n|-------------|---------------------------------------------------------------------|--------------------|\n| Title: | Date: | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| | | |\n| s Initials: | | Seller's Initials: |\n| of 4 | @2020 International Yacht Brokers Association. All rights reserved. | Rev. 3.10.20 |\n\n### Addendum to Purchase and Sale Agreement for Brokerage Vessel, executed on May 30, 2023, Between (i) Luc A. Despins, as the Chapter 11 Trustee for the Estate of Ho Wan (the \"Addendum\") Kwok and (ii)\n\nCapitalized terms used but not defined herein have the meanings set forth in the Purchase and Sale Agreement for Brokerage Vessel, executed on May 30, 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- I. 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 Dankruptey Court, waree 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 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 Exelusions 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 I of the PSA is hereby modified as follows:\n\nThere 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 paidshall pay the Deposit to the Seller'sSelling Broker's account, as acknowledged Delow, 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'sSelling 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 clect 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 conductedinspected: (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 may have provided make the Vessel available and Buyer shall complete the trial run and survey as soon as practicable, such that the completed the that tall on the Accept/Reject Date, (d) Seller shall pay all running expenses for, and assume the risks associated with, the pay an 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 with Buyer's requirence 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 acceptedrejected the Vessel if it fails to give timely written notice of its-rejectionacceptance 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\n![](_page_190_Picture_6.jpeg)\n\n### Case 22-50073 ત્વે 384\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 SellerSelling 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 sentenceand/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 Bankrupter 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 hereofDeposit 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 diselose 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 Vesselor, 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![](_page_191_Picture_8.jpeg)\n\nBankruptcy 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), (e) 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 (ce) 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, (e) Seller maymust 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 (ab) Buyer shallmust pay the Balance and take delivery of the Vessel as repaired; and (be) 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, cither 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@n 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 TrusteeSelling Broker at Closing.\n\n15. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\nBuyer 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 SellerSelling Broker will not be responsible for the Deposit until the funds have cleared into the Seller'sSelling Broker's account, (b) the SellerSelling 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\n![](_page_193_Picture_8.jpeg)\n\nparty, (c) the SellerSelling Broker shall pay, in accordance with this PSA,may retain the commission due the Brokers prior to the releasedisbursement 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, nNeither party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld.\n\n19. In the signature block on page 4 of the PSA, the phrase \"Selling Broker Deposit Confirmation (Subject to clearance of funds)\" is hereby modified to read: \"Seller Deposit Confirmation (Subject to clearance of funds)\".\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### Case 22-50073 Doc 1930-24 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 196 of 238\n\n![](_page_195_Figure_1.jpeg)\n\n## **Exhibit 25**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 25 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n## Bongartz, Alex\n\n| From: | |\n|---------------------------------|----------------------------------|\n| Sent: | Tuesday, May 30, 2023 3:12 PM |\n| lo: | DAJ@edmiston.com |\n| Cc: | Despins, Luc A .; Bongartz, Alex |\n| Subject: | IFXTI Re: Lady May Terms |\n| Attachments: | Offer LADY MAY - May 30 2023.pdf |\n| Follow Up Flag:
Flag Status: | Follow up
Completed |\n\n## --- External Email ---\n\nYou don't often get email from\n\n. Learn why this is important\n\nDear Dirk,\n\nOn behalf of my client, please find attached an offer for LADY MAY. I understand that the offer is below threshold that the trustees were looking for, however I have a duty to my client to present it.\n\nFrom previous transactions, the client moves very quickly, and I think he would close well before the July 20th date.\n\nRE the addendum, apologies as we did not receive a clean copy – the signed version is the redline version.\n\nThank you in advance for your consideration and please to not with any questions. I wish you the best of luck with the sale.\n\nRegards,\n\n![](_page_197_Picture_12.jpeg)\n\nBegin forwarded message:\n\nFrom: \"Bongartz, Alex\" Date: May 26, 2023 at 10:56:41 AM EDT To: Dirk Johnson Cc: \"Despins, Luc A.\" Subject: RE: Lady May Terms\n\n![](_page_197_Picture_15.jpeg)\n\nFurther to my email below, please see attached an updated draft of the Addendum (clean and redline marked to show changes against the version I had sent you yesterday afternoon).\n\n### Case 22-50073 Doc 1930-25 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 17 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 199 of 238\n\nThe only change to the Addendum is the addition of Section 19, which clarifies that the Seller (not the Selling Broker) would confirm receipt of the Deposit (consistent with our other modifications to the PSA, providing that the Deposit is sent to the Seller's account).\n\nBest regards,\n\nAlex\n\n**From:** Bongartz, Alex **Sent:** Thursday, May 25, 2023 5:07 PM **To:** 'Dirk Johnson' ; **Cc:** Despins, Luc A. **Subject:** RE: Lady May Terms\n\nDear :\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 | Main: +1.212.318.6000 | Fax: +1.212.303.7072 | alexbongartz@paulhastings.com | www.paulhastings.com\n\n### Case 22-50073 Doc 1930-25 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 4 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 200 of\n\n17 238\n\n**From:** Dirk Johnson **Sent:** Wednesday, May 24, 2023 1:06 PM\n\n### **To:**\n\n**Cc:** Despins, Luc A. ; Bongartz, Alex **Subject:** [EXT] Lady May Terms\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### Case 22-50073 Doc 1930-25 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 5 of 17 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 201 of 238\n\n## Dirk Johnson\n\nSales Broker\n\nT +1 401 619 2200 M +1 401 965 9189 Edmiston\n\nTwo Marina Plaza Goat Island Newport Rhode Island, 02840, USA\n\nSALES | CHARTER | NEW CONSTRUCTION | MANAGEMENT\n\n## CYBER 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\n\n### Case 22-50073 Doc 1930-25 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 6 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 202 of\n\n17 238\n\ntaken 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\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nThis message is sent by a law firm and may contain information that is privileged or confidential. If you received this transmission in error, please notify the sender by reply e-mail and delete the message and any attachments. If you reply to this message, Paul Hastings may collect personal information including your name, business name and other contact details, and IP address. For more information about Paul Hastings' information collection, privacy and security principles please click HERE. If you have any questions, please contact Privacy@paulhastings.com.\n\n238\n\n![](_page_202_Picture_1.jpeg)\n\nINTERNATIONAL YACHT BROKERS ASSOCIATION\n\n## PURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL\n\n| BUYER: | SELLER: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok | |\n|------------------------------------------|-----------------------------------------------------------------------------|------------------|\n| Address: | Address: c/o Paul Hastings LLP, 200 Park Avenue | |\n| | New York, New York 10166 | |\n| Nationality: | Nationality: U.S. | |\n| VESSEL NAME: Lady May | MANUFACTURER: Feadship | |\n| Model: Semi displacement motor yacht | Length Overall: 44.25m | |\n| Year: 2014 | Doc or Reg No .: 745195 | Flag: Cayman Is. |\n| Hull No.: 688 | Engine Description: Diesel (Caterpillar) | |\n| Selling Broker: | Listing Broker: Edmiston & Company Limited | |\n| IMPORTANT DATES | PURCHASE PRICE | |\n| Offer Date: May 30, 2023 | Purchase Price: \\$16,100,000.00 | |\n| Offer Expiration Date: June 9, 2023 | Less Deposit: \\$3,220,000.00 [20% of Purchase Price] | |\n| Accept/Reject Date: June 28, 2023 | Less Trade Allowance (see Addendum): Not applicable | |\n| Closing Date: on or before July 20, 2023 | Balance: \\$12.880,000.00 | |\n\nDelivery Location: International waters, off the coast of Rhode Island NOTE: If Vessel is to be moved to the Delivery Location must be specified with precision. The mere listing of a port or city is insufficient.\n\nADDITIONAL REGISTERED VESSELS INCLUDED Yes \\_\\_ No\n\n1. Agreement. Buyer agrees to purchase, and Seller agrees to sell, all right, title and in the Vessel described above on the terms and conditions set forth in this Purchase and Sale Agreement (\"SA\"). Capitalized terms used in this PSA refer to the corresponding terms in the table above unless otherwise defined here\" of this PSA is the date on which is has been signed by both parties. \"Vessel\" also includes all gear, machiner, 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 this Agreement, except for tems listed on the Exclusions List provided by the Seller of (a) five days from the Effective Date or (b) the Accept (beject 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 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 Expiration Date, this PSA will be ineffective.\n\n2. Deposit. Within \\_\\_\\_\\_\\_\\_ 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 the terms of this PSA. Seller may refuse to permit Buyer to proceed with the trial run, survey and other inspections of the Vessel into the Selling Broker's escrow account.\n\n3. Survey Option; Acceptance of Vessel; Condition 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: (a) Buyer will select the surveyor, (b) the surveyor, and not the Brokers, will be the sple party responsible for any errors or omissions with respect to the survey, notwithstanding that the Broked information to and assisted Buyer with hiring the surveyor, (c) Seller shall make the Vessel ovailable and Buyer shall cun and survey as soon as practicable, (d) Seler shall pay all running expenses for, and assume the risks associated with, the trial 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 trial run to assess the Versel's conformity with Buyer shall deliver written notice of rejection or acceptance of the\n\nVessel to Sel deemed to h will not mak ting Broker on or before the Accept/Reject Date. Whether or not Buyer has inspected the Vessel, Buyer will be the Vessel if it fails to give timely written notice of its acceptance. Upon Buyer's acceptance of the Vessel, Seller the Vessel pending Closing (defined in Paragraph 4) except to the Delivery Location. If Buyer\n\nBuyer's Initials:\n\n©2020 International Yacht Brokers Association. All rights reserved.\n\nSeller's Initials:\n\nRev.3.10.20\n\nThis form was areasive use and benefit of the members of the IYBA. The parties and Bokers hereby release the VBA from any lightly for damages opsible from or related to its use. The I'BA expressy distrimes, including merchantability and fitness for a particular purpose, related to the use of this form.\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, (i) this PSA will terminate, and the Brokers will be released from any further liability hereunder. The Brokers will not be responsible for the cost to correct any 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 titleto Buyer. If the Vessel must move to the 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 the 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 deling Broker all documents necessary to transfer title to the Vessel (and all other items hereby required to be delivered) to 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 Seler owes to (i) the Brokers for the commission, storage, insurance, repairs and/or other items or (i) the holder of any other Encumbrance, will be deducted from the Selling Broker prior to disbursement of funds to Seller, which hereby irrevocably instructs any Deposit holder to pay the Commission from the Deposit o the Brokers pursuant to the terms hereof.\n\n5. Brokers. The parties acknowledge that the Selling Broker are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same broker consent to that Broker acting as a dual-agent in this transaction, i.e., representing both Buyer and Seller may disclose to both parties facts known to the Broker materially affecting the Vessel's value or desirability; provided, however, that 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 willing to pay a price greater than the offering price. If 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 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, martime or common law liens, security interests, encumbrances, excise taxes, and any other applicable taxes, customs' duties, or tariffs due to any state, country, regulatory of any kind whatsever (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 indemnffication from Seller's representations and warranties in this Paragraph 6, (d) if Seller is a legal entity, a personal guaranty and indemnification from Seller's bener(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 will provide to the other prior to Closing (i) proof that it is in good standing under 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 as the authority of the individual delivering or accepting this PSA and/or purchase and sales documents,(ii) 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 Mojeure. Seller will bear 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 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 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 contro (\"Force Majeure Events\"), including, without imitation, acts of terrorism, strikes, lockouts, riots, acts of war, fire, communication line failures, computer viruses, power failures, accidents, tropical storms, hurricanes, or other natural disasters. If a Force Mojeure 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 PS4; provided, however 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\n## 8. Default. Buyer's non Buyer's Initials:\n\ntanding anything herein to the contrary, if the Deposit is not paid when due or Closing is not consummated due to nce, including, without limitation, failure to pay the Balance or execute all documents necessary for completion of the\n\nSeller's Initials:\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 and the Brokers as liquidated and agreed damages, as consideration of this PSA, in full settlement of all claims between the parties, (i) the Selling Broker shall return to Buyer, and (ii) 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 experses that Buyer of Broker incurred against the Vessel and then divided fifty percent (50%) to the Seller and fifty percent (50%) to the Brokers shall divide in the same proportions as the commission would 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 on adequate remedy. On Seller's default, Seller shall forthwith pay the Brokers the same commission otherwise payable had the transaction closed.\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 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 CORECT AND OFFER THE INFORMATION IN GOOD FAITH, BUT DO NOT AND CANNOT GUARANCY 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 WAVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTISEMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS, OR REPRESENTATIONS (WHETHER ORAL OR WRITTEN, PROR 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, ETHER EXPRESSED OR MAKE NO REPRESENTATION AS TO THE CONDITION OF THE VESSEL, ITS FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABLITY, 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 entract 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 Seller enter into a contract between themselves for the Vessel, whether directly or through an entity under a party's ownership or control, within two years after this PSA is terminated, Seller agency 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 funds have cleared into the Selling Broker's account, (b) the Selling Broker shall hold the Deposit in escrow once the funds received by either Broker from any party will be helding 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 Seler will indemnify the Brokers for legal fees and costs relating in any way to the dispute, incurred in any appeals (which obligation is secured by a lien on the escrowed funds) and those relating to 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## 15. Additional Terms. See Addendum.\n\n16. Miscellaneous. This PSA, including is exhibits and schedules, is the entire greement between the subject matter hereof and supersedes all prior and contemporaneous representations, warranties, and understandings pertainings pertainings pertaining thereto, be they in writing, oral, or other 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 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 unentorceable for any reason, it shall be interpreted to achieve the intent of the PSA to the extent possible rather than avoided. In any event, all other terms, conditions of this PSA shall be deemed valid and enforceable.\n\nThere are no or modified. shall be as e facsimile, em\n\nties, obligations, liabilities, or warranties, implied or otherwise, except as set forth herein. This PSA may not be amended writing, signed by Buyer and Seller. Notice and delivery given by or to the attorney or Broker representing any party s if given by or to that party. All notices must be in writing and may be made by personal delivery, overnight courier, her electronic means, and shall be effective upon delivery retained. Buyer may assign this PSA to\n\nBuyer's Initials:\n\nRev. 3.10.20\n\nSeller's Initials:\n\n### Case 22-50073 Doc 1930-25 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 10 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 206 of\n\nof 17 238\n\n| to venue or co
further, not to
legal counsel, | the parties irrows about mit to the exclusive jurisdiction of such court or arbitral forum, waive any objection they now or hereafter may ha
of forum, agree that all claims relating to the proceeding will be decided only in such court or arbitral forum ar
aim relating to this Agreement in any other court or arbitral forum. The parties, having had the opportunity to se
y jury for claims arising under this Agreement, whether against each other or any Broker. | |\n|-----------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------|\n| BUY | SELLER: | |\n| Print | Print: | |\n| Title: | Title: | |\n| Date: | Date: | |\n| | | |\n| | | |\n| | | |\n| Buyer's Initials: | | Seller's Initials: |\n| Doga A of A | 13000 International Variat Designer Recogiation All vighte racomina | Rev. 3.10.20 |\n\n### Case 22-50073 Doc 1968-2511e6ile6/06/22/2EntEreteld6/80/22/23:38:00:24Page2007101 0387\n\n### Addendum to Purchase and Sale Agreement for Brokerage Vessel, executed on May 30, 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 May 30, 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\nThere shall be no ff 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 paidshall 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'sSelling 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 conductedinspected: (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-rejectionacceptance 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\n![](_page_207_Picture_6.jpeg)\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 sentenceand/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 hereofDeposit 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 Buver in connection with the sale of the Vesselor, 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\nBankruptcy Court approving the sale of the Vessel (and which order shall provide that the Vessel is being sold to Buver free and clear of any Encumbrances), (e) 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 (ce) 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 maymust 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 (ab) Buyer shallmust pay the Balance and take delivery of the Vessel as repaired, and (be) 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 consumated with a different buyer. Buyer and Seller agree that the Deposit will be applied first to payment of any unpaid costs or expenses that Buver 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 reiects 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 TrusteeSelling Broker at Closing.\n\n15. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\nBuyer represents and warrants that it has sufficient cash and/or financing to fund the Purchase Price at Closing. Buver 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 SellerSelling Broker will not be responsible for the Deposit until the funds have cleared into the Seller'sSelling Broker's account, (b) the SellerSelling 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 releasedisbursement 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. Neither party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld.\n\n19. In the signature block on page 4 of the PSA, the phrase \"Selling Broker Deposit Confirmation (Subject to clearance of funds)\" is hereby modified to read: \"Seller Deposit Confirmation (Subject to clearance of funds)\".\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![](_page_212_Figure_1.jpeg)\n\n## **Exhibit 26**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 26 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### Carse 22225000733 ID:oc:119668 2 EHi:dill:0000000231215851406200220258514052 24 Page:289.52 08 238\n\n### UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION\n\n| ---- | |\n|------------------------|---------------------------|\n| In re: | Chapter 11 |\n| HO WAN KWOK, et al., 1 | : Case No. 22-50073 (JAM) |\n| Debtors. | : (Jointly Administered) |\n\n### DECLARATION OF DIRK JOHNSON IN SUPPORT OF TRUSTEE'S MOTION, PURSUANT TO BANKRUPTCY CODE SECTIONS 105 AND 363, BANKRUPTCY RULES 2002, 6004(c), AND 9014, AND LOCAL RULES 6004-1 AND 6004-2, SEEKING ENTRY OF ORDER: (1) AUTHORIZING AND APPROVING SALE OF THE LADY MAY FREE AND CLEAR OF LIENS, CLAIMS, INTERESTS, AND ENCUMBRANCES, (II) AUTHORIZING AND APPROVING PURCHASE AND SALE AGREEMENT, AND (III) GRANTING RELATED RELIEF\n\nI, Dirk Johnson, hereby declare under penalty of perjury pursuant to 28 U.S.C. § 1746, as\n\nfollows:\n\n1. I am a Yacht Broker at Edmiston and Company Limited (\"Edmiston\"),\n\nmaintaining offices at (a) 2 Marina Plaza, Newport, Rhode Island, 02840, and (b) Burleigh\n\nManor, Peel Road, Douglas, Isle of Man, IM1 5EP.\n\n2. I am duly authorized to make this declaration (this \"Declaration\") on behalf of\n\nEdmiston and submit this Declaration in support of the Trustee's Motion, Pursuant to\n\nBankruptcy Code Sections 105 and 363, Bankruptcy Rules 2002, 6004(c), and Local\n\nRules 6004-1 and 6004-2, Seeking Entry of Order (I) Authorizing and Approving Sale of the\n\n1 The Debtors in these chapter 11 cases are Ho Wan Kwok (also known as Guo Wengui, Miles Guo, and Miles K wok, as well as numerous other aliases) (last four digits of tax identification number: 9595), Genever Holdings LLC (last four digits of tax identification number: 8202) and Genever Holdings Corporation. The mailing address for the Trustee, Genever Holdings LLC, and the Genever Holdings Corporation is Paul Hastings LLP, 200 Park Avenue, New York, NY 10166 c/o Luc A. Despins, as Trustee for the Estate of Ho Wan Kwok (solely for purposes of notices and communications).\n\n### Casse 222255007733 ID:u000000022312 Economics 0000000220255287405 : 24 Pearletter 08 238\n\nLady May Free and Clear of Liens, Claims, Interests, and Encumbrances, (II) Authorizing and Approving the Purchase and Sale Agreement, and (III) Granting Related Relief (the \"Motion\")2 in the chapter 11 case of Ho Wan Kwok (the \"Debtor\"), seeking an order approving and authorizing the sale of the Lady May to Herb Chambers Yachting, LLC (the \"Buyer\").\n\n3. I am a Yacht Broker based in Newport, Rhode Island, since 1991, and have been employed by Edmiston for 2.5 years. I have approximately 15 years of experience in the superyacht brokerage industry. Edmiston is a luxury superyacht broker specializing in the sale of yachts. Edmiston currently is the broker for numerous yachts in the United States and worldwide. In addition, in the past 24 months, approximately, Edmiston has sold more than 70 yachts over 30 meters in length more than double the industry average of deals per broker. Edmiston also holds the industry record for the sale of the highest number of Feadships (which is the builder of the Lady May).\n\nOn April 18, 2023, Edmiston was retained by the Trustee to market and sell the 4. -Lady May, which retention was approved by order of the Court, dated April 27, 2023.3 As set forth in the retention agreement, the agreed-upon list price for the Lady May is \\$26,500,000.\n\n5. Unless otherwise indicated below, I have personal knowledge of the matters set forth below, and if called to testify, I could and would testify competently thereto.\n\n### Marketing of Lady May\n\n6. Since its retention, Edmiston has engaged in an extensive marketing campaign to sell the Lady May to the highest bidder. Consistent with best industry practices for marketing a luxury superyacht such as the Lady May, Edmiston has actively canvassed the yacht market for\n\n2 Capitalized terms used but otherwise not defined herein shall have the meaning ascribed to them in the Motion.\n\n3 Edmiston is also marketing the Lady May II, which is not included in the Sale.\n\n### Casse 22225000783 ID:oc:119668 2 EHi:dill:000000022312852874052020000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\npotential buyers, both within its own network of potential buyers as well as through numerous other yacht brokers in the industry, as well as advertised the Lady May both online and in print. These marketing efforts were initially focused on residents outside of the United States and, following the Lady May's transfer to the foreign trade zone in Rhode Island (the \"FTZ\"), Edmiston expanded its efforts to also include U.S. residents.\n\n- 7. Among other things, as part of its marketing efforts:\n\t- a. Edmiston created an electronic brochure of the Lady May, including photographs and listing its specifications, which brochure was included in industry-wide announcements to other yacht brokers as well as posted on Edmiston's website and social media;\n\t- b. Edmiston engaged in a direct client email marketing campaign,4 which featured the Lady May in its monthly mailer update (distributed to approximately 10,000 clients and other potentially interested parties);\n\t- c. Edmiston used extensive digital advertising to market the Lady May on its website and social media accounts, including Instagram, Facebook, LinkedIn and YouTube;5\n\t- d. Shortly after the Lady May was moved into the FTZ in Newport, Rhode Island, Edmiston issued further announcements regarding the Lady May on its website and social media.\n- 8. In order to connect the Lady May with Edmiston's network of industry brokers,\n\nEdmiston emailed single and multi-yacht mailers for new yacht listings, sales updates, location updates, price reductions and yachting events. In addition, the Lady May has been featured in three business email distributions since Edmiston's retention, each of which was sent to approximately 1,850 brokers in the yacht industry. Furthermore, on May 3, 2023, the Lady May was also listed on Yatco.com and Yachtworld.com, which are online business (B2B) search facilities that centralize brokerage information for the yacht industry-similar to MLS\n\n4 The monthly mailer included a photo of the Lady May alongside a detailed description and the listing price.\n\n5 Edmiston.com ranks highly on search engines compared to its competition and is an effective tool in promoting the Lady May, with monthly website traffic averaging 30,000 per month.\n\n### 112285007733 238\n\n(multiple listing service) for real estate sales. In addition, the Lady May has been featured on the brokerage listing page of Boatinternational.com and Superyachttimes.com, as well as in two print publication in Boat International US.\n\n9. Edmiston is also the title sponsor of the London Heliport and used this platform to advertise the Lady May by featuring it in Edmiston's brand collateral (i.e., Edmiston's branded marketing materials) that is deployed throughout the London Heliport. Similarly, the Lady May was featured in Edmiston's brand collateral deployed across private aviation terminals in the East Hamptons and Cabo St. Lucas. Edmiston has also teamed up with Europe's leading private jet airport, Farnborough, to provide a fully immersive experience for guests traveling through the airport and Edmiston utilized this platform to further advertise the Lady May.\n\n10. In addition to all of the foregoing, I reached out, and received calls from, numerous other yacht brokers as well as prospective buyers about the Lady May.\n\n### Bidding Process\n\n11. From the outset of the marketing process, there has been significant interest in the Lady May, but not at prices that the Trustee deemed acceptable. A handful of potential buyers requested to be shown (and were shown) the Lady May, while several brokers visited the Lady May on behalf of prospective buyers. By May 20, 2023, five prospective buyers (the \"Initial Bidders\") had provided Edmiston with formal offers for the Lady May with proposed purchase prices ranging from \\$18 million to \\$20 million. In response to each of these offers, the Edmiston advised the Initial Bidders that the Trustee determined to counter at \\$23 million. In response to the Trustee's counteroffer, one of the Initial Bidders increased its bid to \\$20 million, while the other Initial Bidders did not increase their offer.\n\n### Casse 22225000733 ID:oc:119668 2 Enteretal 0600000221285287405 24 Peage 289000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\n12. After receipt of these initial bids and the bidders' refusal to further respond to the Trustee's counteroffer, I advised the Trustee that (in light of the offers in hand) a prolonged marketing process could cause some of the bidders to lose interest, and, therefore, the Trustee should set a deadline of Tuesday, May 30, 2023, at 5:00 p.m. (ET), for interested parties to submit their best and final bids.\n\n13. On May 24, 2023, Edmiston emailed each of the five Initial Bidders as well as other parties that had expressed an interest in the Lady May to advise them that the deadline to submit their best and final bids was set for Tuesday, May 30, 2023, at 5:00 p.m. (ET). This deadline was designed to maintain maximum with the Initial Bidders and other interested parties. In that email, interested bidders were also advised that (a) due to the fact that the Trustee had received offers for the Lady May from several potential buyers, Edmiston was inviting all interested parties to present their best and final offer prior to the May 30, 2023 bid deadline and (b) any such bid would have to comply with the following requirements:\n\n- · Only bids with a purchase price in excess of \\$20,000,000 would be considered by the Trustee;\n- · Offers must be based on the Trustee's form of purchase agreement (which was provided to interested parties on Thursday, May 25);\n- · To the extent the prospective buyer intended to modify the form of purchase agreement, mark-up of the agreement should be included as part of the bid (and advising the parties that such modifications, if any, would be evaluated in determining the highest and/or best offer);\n- · The winning bid must provide for a 20% deposit of the purchase price, which deposit must be received within 48 hours after such bid has been selected as the winning bid;\n- · The 20% deposit would be forfeited if the winning bidder fails to close on purchase of Lady May in accordance with terms of purchase agreement (subject to the right to reject the Lady May 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\n### Casse 22225000733 ID:oc:119668 2 EHi:dil:00000002312158514061 247251587405 24 Peage 222007 08 238\n\n- · The purchase agreement must be executed by June 9, 2023;\n- · The Lady May must be accepted or rejected (based on results of survey) by June 28, 2023;\n- · In the event the winning bidder does not close on the purchase at the price set forth in the purchase agreement, the Trustee may, at his option, purchase the survey from the buyer, at cost;\n- · Closing would take place as soon as practical on or before July 20, 2023;\n- · All bids would be subject to bankruptcy court review and approval; and\n- · All bids had to be sent directly to the Trustee.\n\n14. In addition, also on May 24, 2023, Edmiston circulated emails to more than 1,857 other yacht brokers advising them of the deadline to submit best and final bids and that such bids would be subject to certain conditions, including a minimum bid of \\$20 million.6 As with the email to the Initial Bidders, the email distribution advised the brokers that the Trustee was setting May 30, 2023 deadline to submit best and final bids due to multiple offers received to date. Furthermore, on May 27, 2023, Edmiston updated the Yatco.com listing for the Lady May to advise interested parties of the bid deadline and the minimum bid requirement\n\n15. As of 5:00 p.m. (ET) on May 30, 2023, five formal bids (in addition to the initial bids) were received from prospective buyers (the \"Second Round Bidders\"), including from both U.S. residents and non-U.S. residents. Three bids exceeded the \\$20 million minimum, while two bids were below the minimum. During this second round, two bidders that were not Initial Bidders submitted bids. But not all bidders that participated in the initial round submitted a further bid by the May 30, 2023 deadline. For example, one of the Initial Bidders who had\n\n6 This email distribution did not list all of the conditions, but advised the recipients to contact me for further details, including offer conditions.\n\n### Casse 222255007733 ID:u000000022312 Economics 20120000000220255297405 24 Pearletted Coll 238\n\npreviously offered \\$20 million did not submit any bid in connection with the May 20, 2023 bidding deadline because the bidder did not want to participate in a competitive bidding process.\n\n16. Following receipt of these bids, the Trustee engaged in further discussions with each of the three bidders that had satisfied the minimum bid requirement. Because the bidder that submitted the highest bid (which was substantially below \\$24 million) had modified the form of purchase agreement to add provisions that were not acceptable to the Trustee (including giving the buyer an absolute right to terminate the purchase process based on the results of a sea trial that would not take place for more than 10 days), the Trustee requested that the bidder remove these modification and/or further increase its bid. Concurrently, the Trustee, through Edmiston, also reached out to the second and third highest bidders to explore whether they would be willing to increase their bid. Ultimately, one of these two bidders increased its proposed purchase price to \\$24 million, thereby becoming the highest bidder. Because that increased bid (which was the one submitted by the Buyer) did not include any modifications to the Trustee's form of purchase agreement (other than to move up the closing date to a date on or before June 30, 2023), the Trustee selected the Buyer as the winning bidder. To be clear, neither of the other two bidders further increased their bids, even though they were invited to do so.\n\n17. I believe that the Buyer's bid (a) is the highest and best bid (including because the Buyer does not require any modifications to the form of purchase agreement proposed by the Trustee (other than that closing of the Sale occurs by June 30, 2023)), (b) satisfies the Trustee's bid conditions, and (c) is the product of an arms' length bidding and negotiation process. In addition, based on my interactions with the Buyer, I believe that the Buyer has proceeded in good faith during the entirety of the bidding and negotiation process.\n\n### 112888872225000733 238\n\n18. Finally, I believe that the purchase price offered by the Buyer pursuant to the PSA is the best available price for the Lady May and that implementing formal bidding procedures and running a public auction process would not increase the purchase price, but rather would risk losing the Buyer, while undermining the momentum of the marketing and sale process to date. Accordingly, I believe that proceeding with the Sale under the PSA is in the best interest of the Debtor's estate.\n\n### Auction Process Would Not Have Been Beneficial\n\n19. I believe that there would have been no incremental benefit to first seeking approval of formal bidding procedures and running a public auction, in light of the nature of the property to be sold (i.e., a luxury superyacht) and the small pool of potential buyers (i.e., high net-worth individuals). To the contrary, conducting an auction would likely have discouraged potential buyers from bidding and/or making their best offer. Potential buyers would likely not have participated in a process that would have exposed them to the risk of overpaying (if selected as the winning bidder in an auction), and, to the extent they would have participated in such a process, they would likely have discounted their bids to reflect that risk. In fact, two of the Initial Bidders withdrew from the process because of their dissatisfaction with the competitive process the Trustee was considering.\n\n20. Moreover, because an auction process would have required more time (including to seek Court approval of the auction procedures), many of the Initial Bidders would not have remained in the process, and otherwise motivated buyers would likely have been discouraged from participating out of a concern that they would have wasted a lot of time if they are ultimately not selected as the successful bidder. This is especially so given that other luxury superyachts can be purchased through brokers without having to go through an auction process.\n\n### Case 22-50073 Doc 1858 Filed 06/02/23 Entered 06/02/23 15:54:44 Page 67 of 68 Case 22-50073 Doc 1930-26 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 10 of 11 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 223 of 238\n\n## CCase2225500733 DDoc11968-2416e5106000022/2EnteEedd060000231955189460221955189100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 ଷ୍ଟ୍ରିୟାର୍ଥ\n\nPursuant to 28 U.S.C. § 1746, I declare under penalty of perjury that the foregoing is true\n\nand correct.\n\nDated: June 2, 2023\n\nDirk Johnson\n\nBroker Edmiston and Company Limited\n\n## **Exhibit 27**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 27 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n![](_page_225_Picture_1.jpeg)\n\n### PURCHASE AND SALE AGREEMENT FOR BROKERAGE VESSEL\n\n| BUYER: Herb Chambers Yachting, LLC or assigns | SELLER: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok | |\n|------------------------------------------------|-----------------------------------------------------------------------------|--|\n| Address: 259 McGrath Hwy | Address: c/o Paul Hastings LLP, 200 Park Avenue | |\n| Somerville, MA 02143 | New York, New York 10166 | |\n| Nationality: | Nationality: U.S. | |\n| VESSEL NAME: Lady May | MANUFACTURER: Feadship | |\n| Model: Semi displacement motor yacht | Length Overall: 44.25m | |\n| Year: 2014 | Doc or Z Reg No.: 745195
Fiag: Cayman Is. | |\n| Hull No.: 688 | Engine Description: Diesel (Caterpillar) | |\n| Selling Broker: Bruce Brakenhoff/Edmiston | Listing Broker: Edmiston & Company Limited | |\n| IMPORTANT DATES | PURCHASE PRICE | |\n| Offer Date: May 30, 2023 | Purchase Price: \\$24,000,000 | |\n| Offer Expiration Date: June 9, 2023 | Less Deposit: [20% of Purchase Price] \\$4.800.000 | |\n| Accept/Reject Date: June 20, 2023 | Less Trade Allowance (see Addendum): Not applicable | |\n| Closing Date: on or before June 30, 2023 | Balance: \\$19,200,000 | |\n\nDelivery Location: International waters, off the coast of Rhode Island NOTE: If Vessel is to te moved to the Dellery Location must be specified with precision. The mere listing of a port or city is insufficient\n\n### ADDITIONAL REGISTERED VESSELS INCLUDED V Yes No\n\n1. Agreement. Buyer agrees to purchase, and Seller agrees to sell, all right, title and in the Vessel described above on the terras and conditions set forth in this Purchase and Sale Agreement (\"PSA\"). Capitalized terms used in this PSA refer to the corresponding torms in the table above unless otherwise defined here!\" of this PSA is this PSA is the date on which is has been signed by both parties. \"Vessel\" also includes all gear, machiner, fuel, consumables, and all registered or unredistered tenders, toves, articles and appurtenances on board the Vessel and/or included on the Vessel's listing specification as of the Agreement, except for hems listed on the Exclusions List provided by the Seller of Listing Broker on the effective Date or (b) the Accept Relect 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 crade-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 Explration Date, this PSA will be ineffective,\n\n2. Deposit. Within \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ the Sellng Broker's account, as acknowledged below, as a deposit toward the 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 deared 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 trail run and survey of the Vessel though Buyer may elect not to have the Vessel (s) Buyer will select the surveyor, and not the Brokers, will be the sole patty responsible for any errors or onissions with respect to the survey, notwithstanding that the Broked information to and assisted Buyer with hiring the surveyor, (c) Seller shall make the Vessel available and Buyer shall complete that run and survey as soon as practicable, (d) Seller shall pay all running expenses for, and assume the risks associated with, the triall pay all costs of the survey, including assoclated costs, e.g., haul-out, dry dock, and subcontractors' charges, (e) Buyer and its surveyor will be solely responsible for deternining the scope of the trial run to assess the Vessel's conformity with 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 of it falls to give timely written notice of its 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. 15,80\n\nBuver's Initials:\n\n©2020 International Yacht Brokers Association. All rights reserved.\n\nRev.3,10,20\n\nThis form was prepared for the exclusive of the VBA. The parties and Bokers hereby elecse the 193A from any Indially for damages resulting from or reloted to Its use. The I'BA expecsly disclaires, helving merchantability and fitness for a particular purpose, related to the form.\n\nrejects or is deemed to reject the Vessel, after all expenses incurred on Buyer's behalf have been paid, (1) the Selling Broker shall return the Deposit to Buyer, (II) this PSA will terminate, 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 ocur on the Closing Date at the Delivery Location simultaneously with payment of all funds due from the Buyer and delivery of orleinals of all other documents necessary for transfer of good and marketable titleto Buyer. If the Vessel must move to the Deliver Vessel to the Closing Location Location unless funds have been pold in full or are being held subject to an escrow conditioned only upon delivery of 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 deling Broker all documents necessary to transfer this to the Vessel (and all other teens hereby required to be dellvered) to Buyer. At Closing, Buyer shall pay the Balance to Seller (subject to Paragraph 6) and/or the Selling Broker for onward transfer to Seller by whe transfer. Any funds Seller owes to (1) the Brokers for the commission, storage, insurance, regairs and/or other items or (i) 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\ns, Brokers. The parties acknowledge that the Selling Broker are the only brokers that procured this PSA. If the Listing Broker and the Selling Broker are the same brokers consent to that Broker acting as a dual-agent in this transaction, 1.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 dasirability; provided, however, that in such hastance the Broker's consent, disclose to Buyer that Seller ls willing to sell the Vessel for an amount less than the asking price or, without Buyer's willing to pay a price greater than the offering price. If the Selling Broker are different, the Usting Broker will represent Seller only and owe no dutles, fiduclary or otherwise, to Buyer, and the Selling Broker will represent Buyer only and owe no dutles, fiducary or otherwise, to Seller (though pald by Sellers are obligated to perform only the dutles expressly set forth herein and no inclied dutles 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, martimen law llens, security interests, encumbrances, excise taxes, and any other applicable taxes, customs' duties, or tariffs due to any state, country, regulator authority of any kind whatsoever (collectively, \"Enoumbrances\"), 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 Indemnfication from 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 warranthes in this Paragraph 6, and (e) coples 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 will provide to the other prior to Closing (I) proof that it is in good standing under the State or other Jurisdiction under which the entity has been formed, (l) a consent action or resolution demonstrating the entity's duly authorized decision to purchase or sell the Vessel as well as the authorlty of the individual delivering or accepting this PSA and/or purchase and sales documents.(IN) a power of attorney demonstrating the authority of the Individual delivering or accepting the Vessel and (ly) as to Seller, its wire transfer information.\n\n7. Risk of Loss; Force Moleure. Seller will bear the risk of lossel prior to Closing. If the Vessel is demaged 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, than (a) Seller must repair the 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 repair period, if the Vessel is damaged to a greater extent subsequent to Buyer's acceptance, elther party may terminate this PSA with the same consequences as if Buyer had rejected the rearly s obligation to perform will be suspended to accommodate unforeseable events beyond that party's reasonable control (\"Force Mgleure Events\"), Including, without limitation, acts of terrorism, strikes, lockouts, rlots, acts of war, fire, communication line fallures, computer viruses, power fallures, accidents, tropical storms, hurricanes, 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 the Closing Date for a period of at more than 90 days, either party may terminate this PSA with the same consequences as if Buyer had relected the Vessel.\n\n| | 8. Default. Notwithstanding anything herein to the contrary, if the Deposit is not paid when due or Closing is not consummated due to | |\n|-----------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|\n| | aver's non-formance, including, without limitation, fallure to pay the Balance or execute all documents necessary for completion of the suppledion of the | |\n| Buyer's Initials: \" \" | | Seller's Initials: ممل المحارك المستعلى بلمنت |\n\n@2020 International Yacht Brokers Association. All rights reserved.\n\nRev. 9.10.20\n\npurchase by the Closing Date: (1) the Deposit shall be retained by (or if the Deposit was not paid, Buyer shall pay a like and the Brokers as liquidated and agreed damages, as consideration of this PSA, in full settlement of all claims between the parties, 10) the Selling Broker shall return to Buyer and (1) the partes will be partles will be relleved of all obligations under this PSA. Buyer and Seller agree that the Depart will be applied first to payment of any unpald 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 shall divide in the same proportions as the commission would had a sale been consumented. 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 is reasonable in light of the unloueress of the Vessel, difficulty of proof of inconvenience or Imposibility of otherwise obtainly an adequate remedy. On Seller's default, Seller shall forthwith pay the same commission otherwise payable had the transaction closed.\n\n9. Sales and Use Taxes. Sales or use taxes payable on Bqyer'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 from any sales or use taxes for which Buyer is responsible.\n\n10. REPRESENTATIONS AND WARRANTIES, SELLER AND THE BROKERS BELEVE THAT ANY INFORMATION ANY OF THEM HAS PROVIDED ON THE VESSEL IS GOOD AND CORECT 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 HAVED THESE RIGHTS) AND (B) IS NOT RELYING ON ANY ADVERTISEMENTS, PROMISES, DESCRIPTIONS, AFFIRMATIONS, OR REPRESENTATIONS (WHETHER ORAL OR WRITEN, 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 LS\" CONDITION. SELLER AND THE BROKERS NO WARRANT. ETTHER EXPRESSED OR IMPLIED. AND MAKE NO REPRESENTATION AS TO THE CONDITION OF THE VESSEL, IT'S FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY, ALL OF WHICH ARE DISCLAIMED,\n\n11. Financing. Buyer's obligations are not contining fhancing. Buyer represents that it will arrange financing, if o ecessary. Buyer and Seller acknowledge that the Brokers have made no rearrantles with respect to Buyer's ability to obtak financing, Buyer's duelfications to obtain any treated on the Vessel, or Buyer's ablity to document or register the Vessel in any Jurisdiction.\n\n12. Counterparts. The parties may sign this PSA In any number of identical counterparts, esch 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 partles, their heirs, personal representatives and/or assigns. Sellershall 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 consummatied In accordance with the terms of this PSA, and Buyer and Seller enter into a contract between the massel, whether directly or through an entily under a party's owners after this PSA is terminated, Seller agrees to pay the Brokers an amount identical to the commission the received had the transaction contemplated under this PSA closed.\n\n24, Escrowed Funds, The parties acknowledge that (a) the Selling Broker will not be responsible for the funds have cleared into the Selling Broker's account. (b) the Selling Broker in escrow once the funds have cleared and any other funds received by ether Broker from any party will be held in trust for that party, (c) the Selling Broker may retain the Brokers prior to disbursement of the Deposit or Baller, 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, incurred in any appeals (which obligation is secured by a llen on the estrowed 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\n15. Additional Terms. See Addendum.\n\n16. Miscellaneous. This PSA, including its exhibits and schedules, is the entire agreement between the subject matter hereof and superseder all prior and contements, representations, warrantes, and understandings perfainlings perfainlings perfainling thereto, be they in writhg, ora, or other becomes a party to any littgation involving this PSA, the Broker shall be relmbursed for their costs and attorney's fees, at all receive levels, by the garty or parties found to have breached this PSA. In the event of any dispute between the parties hard of the subject matter of this PSA, the prevaling patty (Including the Brokers) shall be entitled to recover reasonable expenses for all prettle), that and appellate proceedings, ff any term, condition, or provision of this PSA is held to be unentorceable for any reason, it shall be interpreted to achieve the PSA to the extent possible rather than avoided. In any event, all other terms, conditions of this PSA shall be deemed valid and enforcesble, There are no other duties, obligations, lindled or otherwise, except as set forth herein. This PSA may not be arners ed or modified, except in writing, signed by Buyer and Seller. Nothe 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, overhight courier, facs(mile, em){l, or other electronic means, and shall be effective upon delivery retained. Buyer may assign this P\n\nBuyer's Initials:\n\n@2020 International Yacht Brokers Association. All rights reserved.\n\nRev. 3.10.20\n\nary member(s) of Buyer's immediate family or any entity owned or controlled by Buyer and/or any member(s) of his innedlate family, Otherwise, neither party nay assign this PSA without the other party's consent shall not be unreasonably withined. No claim or fright artists PSA can be wayed or discharged by one party. In whole or in part, unless in writting, 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. Agreement will be resolved: (a) { in the courts focated in the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ (Floride, if left blank), (b) \\_\\_ ] by bindling arbitration in the State of (Florida, if left blank), (c) by binding arbitration in London, England. (f (q) or (b) is selected: (i) this Agreement will be governed by and interpreted according to the State of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_(Florides of conflicts-ofiaws and III the proceedings will be conty of the moin office of the Selling Broker, or if the Selling Broker has no office In (Fort Lauderdale, Florida, if no other city indicated), If (b) Is selected, the Commercial Arbitration Rules of Florida, in the American Arbitration Association (\"AAA\") in force when the arbitration is commenced will apply unless the following ... If the amount In controvery including countercialms is not more than USD rules apply: and \\$1,000,000,00, the parties shall jointly select a shgle arbitrator from the Ist of arbitrators maintained by the Brokers Association (\"YBA\") within twenty (20) days of the giving of arbitration. If the partles are unable to agree upon the arbitrator, the IYBA shall have the power to nake the shgle arbitrator. ff the anount in controversy is greater, the parties shall each appoint one arbitrator and the two appoint a third arbitrator. If they cannot agree on the third arbitrator within 14 days, ether party may request that the 1YBA appoint the third arbitrators maintained by the YBA. The decision of the single arbitrator, or if a three abitrator panel, and binding on the parties. An action may be brought in any court of competent jurisdiction to enforce any arbitration. If (c) is selected (i) this Agreement will be governed by and interpreted in accordance with English of the principles of confilets-of-aws, (i) the partles irrevocally agree that any dispute afsing out of or in connection with this Agreement shall be referred to arbitration in accordance with the Arbitration Act 1996 or any statutory modification or re-enacted the extent necessary to give effect to the provisions of this Paragrably (10) the arbitration shall be conducted in accordance with the rules of London Marftime Arbitrators Association (\"MAA\") current when the arbitration Is commenced, (ly) if the anount in dispute (including counterciairs) is less than USD\\$100,000, its Small Cialms 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 of such court or arbitral forum, walve any objection they now or hereafter may have to venue of 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 arbitral forum. The parties, having had the opportunity to seek legal counsel, walve trial by jury for claims artising under this Agreement, whether against each other or any Broker.\n\nPrint: Herbert Chambers Title: Member\n\nRev. 3.10.20\n\nSELLING BROKER DEPOSIT CONFIRMATION (Subject to clearance of funds)\n\nBuver's Initia\n\n@2020 International Yacht Brokers Association. All rights reserved,\n\nThis for not prepared for the neathers of the nembers of the 1984. The partes and Bokent he 1994 for any llobility from any llobility from any libility from any libility from or related to its use. The IVA expressy disclaing mechantobility and fitness for o particular purpose, related to the use of this form.\n\n### Addendum to Purchase and Sale Agreement for Brokerage Vessel, executed on May 30, 2023, Between (i) Luc A. Despins, as the Chapter 11 Trustee for the Estate of Ho Wan Kwok and (ii) Herb Chambers Yachting, LLC or assignee (the \"Addendum\")\n\nCapitalized terms used but not defined herein have the meanings set forth in the Purchase and Sale A greement for Brokerage Vessel, executed on May 30, 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 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 decreed to have accepted the Exclusion List if it accepts the Vossel. 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\nThere 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 loft blank)) following Seller's signature of this PSA, On JMay 31, 2023, Buyer paidshall pay the Deposit to the Seller'sSelling 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 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 diseretion, 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 reiect 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 Buver decides to have a survey conductedinspected: (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' oharges, (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 (t) Buyer shall deliver written notice of refection 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 acceptedrejected the Vessel if it fails to give timely written notice of its-rejectionaeeeptance 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 paids (i) the SellerSelling 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 sentenceand/or to the Selling Broker for onward transfer to Seller by wire transfer. Any funds Seller owes to (2) 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 Eneumbrance, will be deducted from the amount due Seller by the Selling Broker prior to disbursement of funds to Seller, which hereby irrovocably-instructs any Deposit holder to pay the Commission from the Deposit to the Brokers pursuant to the terms hereofDeposit 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 Vesseler, 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\nBankruptcy 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), (e) 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 (ce) 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 maymust 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 (ab) Buyer shallmust pay the Balance and take delivery of the Vessel as repaired, and (be) 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 Depesit 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 for 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 Fessel and then divided fifty percent (50%) to the Seller and fifty percent (50%) to the Brokers, which the Brokers shall divide in the same\n\nCCase2225500733 Dooc18988-2419e5080000222/2Enteredd06000002319551791061:24Pagge52fjef108 റ് 382\n\n> 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-Buver-will-have-the vight of specific performance. Seller agrees that opecific 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 romedy. 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 TrusteeSelling Broker at Closing.\n\n15. The following sentence is hereby added after the first sentence of Section 11 of the PSA:\n\nBuyer 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 SellerSelling-Broker will not be responsible for the Deposit until the funds have cleared into the Seller'sSelling Broker's account, (b) the SellerSelling 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\nCCase2225500733 Dooc18988-2418e50860000222/2Entoeseria060000002319551791000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 റ് 382\n\n> party, (c) the SellerSelling Broker shall pay, in accordance with this PSAmay retain the commission due the Brokers prior to the releasediabursement 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 fumily or any entity owned or controlled by Buyer and/or any momber(s) of his immediate family. Otherwise, nNeither party may assign this PSA without the other party's consent, which consent shall not be unreasonably withheld.\n\n19. In the signature block on page 4 of the PSA, the phrase \"Selling Broker Deposit Confirmation (Subject to clearance of funds)\" is hereby modified to read: \"Seller Deposit Confirmation (Subject to clearance of funds)\".\n\nSeller\n\nName: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok\n\nCCase222550073 DDoc18988-241beE006000222/25http ୟ ଅଛି\n\nBuyer By:\n\nName: Herb Chambers Yachting, LLC or assignee\n\nTitle: Member\n\n138 Date: Z\n\n### **Exhibit 28**\n\n**CASE NO. \\_\\_\\_\\_\\_\\_\\_\\_ \\_**\n\nAO 386 22-50073 IN RE: Ho Wan Kwok Trustee's 28 June 27, 2023 admitted in full R. Senteio\n\n**EXHIBIT \\_\\_\\_\\_\\_ \\_**\n\n**Deputy Clerk**\n\n**\\_\\_\\_\\_\\_\\_\\_\\_\\_ EVID.**\n\n**IDEN.**\n\nvs.\n\n**DATE**\n\n**DATE**\n\nBY\n\n### Second Addendum to Purchase and Sale Agreement for Brokerage Vessel, executed on May 30, 2023, Between (i) Luc A. Despins, as the Chapter 11 Trustee for the Estate of Ho Wan Kwok and (ii) Herb Chambers Yachting, LLC (the \"Second 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 May 30, 2023, with respect to the Lady May (together with the first addendum thereto, dated as of the same date, the \"PSA\").\n\n- 1. The PSA is hereby modified by replacing the amount of the Purchase Price, i.e., \\$24,000,000, with the amount of \\$23,150,000. For the avoidance of doubt, the balance of the Purchase Price (less the Deposit of \\$4,800,000) is \\$18,350,000.\n- 2. The Buyer hereby accepts the Vessel in accordance with Section 3 of the PSA.\n- 3. Except as set forth in this Second Addendum, the terms of the PSA (including as modified by the first addendum, dated as of May 30, 2023) shall remain unaltered.\n\nSeller\n\nName: Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok\n\nName: Herb Chambers Yachting, LLC\n\nTitle: Member\n\n6.19.2023 Date:","body_zh":"案件 22-50073　文件 1968　提交于 06/30/23　录入于 06/30/23 15:37:05　第 1 页，共 238 页\n\n美国破产法院康涅狄格州地区布里奇波特分院\n第 11 章受托人 Luc A. Despins（卢克·A.·德斯平斯）证物清单\n\n关于：\n\nHo Wan Kwok（郭文贵），债务人。\n\n第 11 章\n\n案号：22-50073 (JAM)\n\nECF No. 1858　Luc A. Despins（卢克·A.·德斯平斯）以第 11 章受托人身份提出的动议，依据《破产法典》第 105 条及第 363 条、《破产程序规则》第 2002 条、第 6004(c) 条及第 9014 条，以及地方法则第 6004-1 条及第 6004-2 条，请求作出命令：(I) 授权并批准在不附带留置权、请求权、权益及负担的情况下出售 Lady May；(II) 授权并批准买卖协议；以及 (III) 给予相关救济\n\n听证日期：June 27, 2023\n提交证物者：第 11 章受托人 Luc A. Despins（卢克·A.·德斯平斯）\n律师：Nicholas Bassett（尼古拉斯·巴塞特）\n\n证物编号　说明　身份证明/完整　提交　证人\n\n日期\n1　Yatco.com 上的 Lady May 出售信息　完整　6/27/2023\n2　Yachtworld.com 上的 Lady May 出售信息　完整　6/27/2023\n3　Edmiston（埃德米斯顿）网站关于 Lady May 的信息　完整　6/27/2023\n4　Edmiston 电子邮件营销：Lady May —\n待售的新 CA\n(April 28, 2023)　完整　6/27/2023\n5　Edmiston 电子邮件营销：Lady May —\n现位于 Rhode Island（罗得岛州）\nNewport（纽波特）\n(May 18, 2023)　完整　6/27/2023\n6　Edmiston 电子邮件营销：Lady May —\n现已纳入 Rhode Island（罗得岛州）Newport（纽波特）的\nFTZ，包括 May 30, 2023 的投标\n截止日期\n(May 24, 2023)　完整　6/27/2023\n7　Edmiston 市场概览 — 月度邮件　完整　6/27/2023\n\n已于 . 提起上诉。已勾选的证物已于 . 提交至地区法院。破产法院已保留证物副本。\n案件 22-50073　文件 1968　提交于 06/30/23　录入于 06/30/23 15:37:05　第 2 页，共 238 页\n\n证物编号　说明　身份证明/完整　提交\n日期　证人\n\n8　公关与编辑报道 — Boat International Online (May 4, 2023)　完整　6/27/2023\n9　在线广告 — Boatinternational.com　完整　6/27/2023\n10　在线广告 — Superyachttimes.com　完整　6/27/2023\n11　社交媒体 — Instagram　完整　6/27/2023\n12　社交媒体 — LinkedIn　完整　6/27/2023\n13　发送给初始竞标人及其他有意向方的电子邮件样本\n(May 24 and 25,\n2023)　完整　6/27/2023\n14　Edmiston 关于 Lady May 的营销报告　完整　6/27/2023\n15　竞标人 A — 意向书（于 May 19, 2023 收到）　完整　6/27/2023\n16　竞标人 A — 投标书（于 May 30, 2023 收到）　完整　6/27/2023\n17　竞标人 B — 意向书（于 May 19, 2023 收到）　完整　6/27/2023\n18　竞标人 B — 投标书（于 May 30, 2023 收到）　完整　6/27/2023\n19　竞标人 C — 意向书（于 May 20, 2023 收到）　完整　6/27/2023\n20　竞标人 C — 投标书（于 May 30, 2023 收到）　完整　6/27/2023\n21　竞标人 D — 意向书（于 May 9, 2023 收到）　完整　6/27/2023\n22　竞标人 D —\n关于提高报价的电子邮件（于 May 22,\n2023 收到）　完整　6/27/2023\n23　竞标人 E — 购买协议（于 May 17, 2023 收到）　完整　6/27/2023\n24　竞标人 F — 投标书（于 May 30, 2023 收到）　完整　6/27/2023\n25　竞标人 G — 投标书（于 May 30, 2023 收到）　完整　6/27/2023\n26　Dirk Johnson（德克·约翰逊）为支持 Lady May 出售动议所作声明，\nLady May 出售动议的证物 C [Docket No. 1858]　完整　6/27/2023\n27　日期为 May 30, 2023 的买卖协议（包括补充协议），\nLady May 出售动议的证物 B [Docket No. 1858]　完整　6/27/2023\n28　日期为 June 19, 2023 的买卖协议第二份补充协议，\n补充文件的证物 A [Docket No. 1913]　完整　6/27/2023\n\n美国破产法院康涅狄格州地区布里奇波特分院\n第 11 章受托人 Luc A. Despins（卢克·A.·德斯平斯）证人清单\n\n关于：\n\nHo Wan Kwok（郭文贵），债务人。\n\n第 11 章\n\n案号：22-50073 (JAM)\n\nECF No. 1858\n\n听证日期：June 27, 2023\n\n第 11 章受托人 Luc A. Despins（卢克·A.·德斯平斯）的证人\n\n证人姓名及地址　直接询问　交叉询问　复询\n\nLuc A. Despins\nPaul Hastings LLP\n200 Park Avenue\nNew York, NY 10166　Nicholas A.\nBassett　不适用　不适用\n\n证物 1\n\n案号 __________\n\nAO 386　22-50073　关于：Ho Wan Kwok　受托人证物 1\n\n证物 ______\n\n书记官助理\n\n__________　证据\n\nJune 27, 2023　全部准予接纳\n\nR. Senteio\n\n身份证明。\n\n诉\n\n日期\n\n日期\n\n由\n\n00738222000689980 - FileEil@6/00/2012 Timerado106/22/22/2018 138:40:24Pag 10\nClyproo\n\n2014 年\n\n151' 8\" (46.22m) 长度\n\n= < 返回搜索\n\nम\nLADY MAY　2014　151' 8\"　FEADSHIP 机动游艇\nNewport（纽波特），United States（美国）　\\$26,500,000 USD\n\n2014 年制造的 151' 8\" FEADSHIP 机动游艇 LADY MAY，是一艘位于 United States（美国）Rhode Island（罗得岛州）Newport（纽波特）的待售游艇。\n案件 22-50073　文件 1930-1　提交于 06/22/23　录入于 06/22/23 18:40:24　第 3 页，共 10 页　案件 22-50073　文件 1968　提交于 06/30/23　录入于 06/30/23 15:37:05　第 6 页，共 238 页\n\n-\n!\"#\n\n\\$\n%\n\n&\n'\n(\n\n'\n)\n\n(\n\n*\n+\n,\n\n-\n%\n\n\\$\n*\n)\n\n*\n(\n\n*\n\n*\n\n/\n\n/\n\n600 33 22 2 2 0 0 1 5 1 1 5 6 1 8 6 / 8 6 / 8 6 / 2 2 2 2 2 2 2 2 2 2 2 / 2 / 3 / 3 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0\nEVATCO\n\n排水量　776027.16 Lbs　地点　Newport, Rhode Island, USA\n\n查看所有照片\n完整规格\n\n!\n\"\n\n\\$\n%\n\n&\n'\n(\n\n'\n)\n\n(\n\n*\n\n+\n,\n\n-\n%\n\n\\$\n*\n)\n\n*\n(\n\n*\n\n*\n\n/\n\n/\n\n案件 22-50073　文件 1930-1　提交于 06/22/23　录入于 06/22/23 18:40:24　第 6 页，共　案件 22-50073　文件 1968　提交于 06/30/23　录入于 06/30/23 15:37:05　第 9 页，共 238 页\n\n!\n\"\n\nD\nD\n-　9\n\no\no\nc\nc\n-　i\nl\ni\nl\nd\nd\n\n/\n\n/\n\n/\n\n/\n\nd\nF\nF\nE\nE\nt\nt\ne\ne\nn\nn\ne\ne\nr\nr\ne\ne\n\n8　d\n\n/\n\n/\n\n/\n\n/\n\n:　P\na\n\n案件 22-50073　文件 1930-1　提交于 06/22/23　录入于 06/22/23 18:40:24　第 8 页，共　案件 22-50073　文件 1968　提交于 06/30/23　录入于 06/30/23 15:37:05　第 11 页，共\n\n案件 22-50073　文件 1930-1　提交于 06/22/23　录入于 06/22/23 18:40:24　第 9 页，共　案件 22-50073　文件 1968　提交于 06/30/23　录入于 06/30/23 15:37:05　第 12 页，共\n\n案件 22-50073　文件 1930-1　提交于 06/22/23　录入于 06/22/23 18:40:24　第 10 页，共　案件 22-50073　文件 1968　提交于 06/30/23　录入于 06/30/23 15:37:05　第 13 页，共\n-\n!\"#01410 238\n\n证物 2\n\n案号 __________\n\nAO 386　22-50073　关于：Ho Wan Kwok　受托人证物 2\n\n证物 ______\n\n书记官助理\n\n__________　证据\n\nJune 27, 2023　全部准予接纳\n\nR. Senteio\n\n身份证明。\n\n诉\n\n日期\n\n日期\n\n由\n\n10003622DD 06.9002 FFileddl@00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\n2014 Feadship　LADY MAY　46m　\\$26,500,000 (£20,812,145)　降价：£4,138,202 (31 May)　United States\n- 基本信息\n\n年份：2014\n\n制造商：Feadship\n类别：机动游艇\n长度：46.22m\n燃料类型：柴油\n船体材料：铝\n出售方：Edmiston Monaco（埃德米斯顿摩纳哥）\n\n- 说明\n\n2014 Feadship\n1000%2220000690000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000\n\n鉴于迄今已收到多份报价，破产法院指定的受托人（其拥有 Lady May）已决定邀请任何及所有有意向方在 Tuesday May 30th at 5:00 pm (ET) 前提交其最终且最佳报价。报价必须符合特定条件，包括最低购买价格为 \\$20 million。\n\n由享有盛誉的 Feadship de Vries 船厂于 2014 年交付，LADY MAY 凭借其耀眼的银色涂装及前所未有的玻璃使用而在水面上熠熠生辉；其高耸的垂直船艏和大胆的鲸背式弧线进一步彰显其气势。\n- 联系信息\n\n请联系 Jamie Edmiston（杰米·埃德米斯顿），电话：+377 (0)93 30 54 44\n+ 其他详情\n免责声明\n\n本公司本着诚信提供本船舶的详情，但不能保证该等信息的准确性，亦不保证船舶状况。买方应指示其代理人或验船师核实买方希望确认的该等详情。本船舶可在不另行通知的情况下先行出售、变更价格或撤回出售。\n+ 特征\n电气设备\n\n发电机：>\n电子设备\n\n雷达：>\n\n风速和风向：√\n计算机：1\n电视机：1\n导航中心：1\nDVD 播放器：1\n自动驾驶仪：1\n收音机：1\n罗盘：1\nGPS：1\nVHI　1\n内部设备\n\n艉侧推器：\n\n洗碗机：.1\n艏侧推器：1\n洗衣机：\n烤箱：\n600 362 2 2 2 0 0 6 9 0 0 2 7 1 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 238　微波炉：\n\n空调：\n\n供暖：>\n热水：1\n冰箱：1\n淡水制造机：1\n深冷冷冻柜：\n+ 推进系统\n发动机 1\n\n发动机制造商：CAT\n\n发动机型号：C32 ACERT\n总功率：1900.23hp\n燃料类型：柴油\n发动机 2　1\n\n发动机制造商：CAT\n\n发动机型号：C32 ACERT\n总功率：1900.23hp\n燃料类型：柴油\n+ 规格\n速度与距离\n\n巡航速度：15kn\n\n最高速度：19kn\n航程：3000nm\n尺寸\n\n全长：46.22m\n\n最大吃水：2.2m\n船宽：9m\n舱柜\n\n淡水舱：燃油舱：污水舱：\n住宿设施\n\nhttp\n10003622DD 06.9002 FFileddl@00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\n5 间舱房：10 间卫生间：\n\n证物 3\n\n案号 __________\n\nAO 386　22-50073　关于：Ho Wan Kwok　受托人证物 3\n\n证物 ______\n\n书记官助理\n\n__________　证据\n\nJune 27, 2023　全部准予接纳\n\nR. Senteio\n\n身份证明。\n\n诉\n\n日期\n\n日期\n\n由\n\n概览\n\n概览\n待售 Lady May 游艇\n\n照片　规格\n一艘时尚且创新的 Feadship 游艇，由 Dubois（杜博伊斯）负责船舶建筑设计、Redman Whiteley Dixon（雷德曼·怀特利·迪克森）负责内部造型设计，LADY MAY 与同尺寸的任何其他游艇均不相同。\n\n价格\n\n保存游艇\n\n比较\n\n招标与玩具\n\n采用现代、近乎垂直的船艏，并在 2015 World Superyacht Awards 的外观设计、船舶建筑和内部设计类别中获奖。\n\n2019 年，LADY MAY 接受了全面翻新，包括全面维修，并成功完成其 5 年期 Lloyd's（劳氏）检验。\n\nLADY MAY 对玻璃的使用前所未有，飞桥和主甲板上的玻璃为全景视野提供便利。截然不同的船艉设计、主沙龙内的旋转地板以及特别大的制冷容量，均增添了其吸引力。\n\n内部采用哑光漆面、不锈钢饰边和 Macassar（马卡萨）橡木细木工装饰，营造出时尚、精致且宁静的内饰。通过室内空间最大化利用自然光。\n\n阅读更多\n\n一览\n\nFeadship 血统\n\n由 Dubois 和 RWD（雷德曼·怀特利·迪克森）打造的获奖设计\n\n广泛采用玻璃，实现全船全景视野\n\n华丽的酒吧从主沙龙延伸至艉甲板\n\n主甲板船东套房视野开阔\n\n部分封闭并配备空调的日光甲板\n\n卖方诚意出售\n\nCaase22560033 Dood9968 Filterb006820123 Enterect100080123118370024 Pregge21 of 5\n\n2 / 19\n\n2.20M / 7 FT\n\n照片\n照片库\n\nLady May 的最新照片\n\n案件 22-50073\n案件 22-50073\n文件 1930-3\n文件 1968　提交于 06/30/23\n提交于 06/22/23\n238　录入于 06/30/23 15:37:05\n录入于 06/22/23 18:40:24\n第 22 页，共\n\n!\n\"#\\$　%\n\"&\\$ \\$　!'()*+,-.(/)\n-0'123*\n\"4　5\n\\$67　8*90:;/<\n=\\$7\\$　012'/:)9>939+?;/.*?.:\n\\$\\$7\\$　+*0@9)(;/.*3*A0/B')\nC　-!D-!E+*8/*0\n\" \"\\$　931@/)/1@\n\\$　-B?9.*+ 339+F!,E;?@-ABCD= EFGG-HF-FI-JK-KK\n\nD=>L=> EKK-MI-GKHJ-JNJN\n\n>@O-P=CQ EN-MNM-GHM-JFGI\n\n> WS@O-BDD =XC-=YYSA@Z-[\n\n<@RSA=-AS?P EJM-JJJ-MTI-HJGK\n\n>@OU=C? EN-KIN-VNH-MMII\n\n> \"-8 -\\8-]-\\^8\\-]-\"\\_8\\$ -] #\\8\"-]--]- `a-\\# -]-8\\\\-^ #-\\_\n\n证物 4\n\n案号 __________\n\nAO 386　22-50073　关于：Ho Wan Kwok　受托人证物 4\n\n证物 ______\n\n书记官助理\n\n__________　证据\n\nJune 27, 2023　全部准予接纳\n\nR. Senteio\n\n身份证明。\n\n诉\n\n日期\n\n日期\n\n由\n--\n-\n\n-- - !\"# \\$#-# &\n\n>\n\n> > -&-%#\n\n12345246789:98;<;=>?@?A?;:?A<9?7BCD899EFG:H9DGAG;CA77>98;AFG;A7F97;:H? BDI6>GAC?8;AJ8G;A?@KB8@GDG:8:G;C8FGA?>8;C?7B7<:A77>LG;A77>9@?;8>G79M2>8AG@8DDI AGBB?>?;:J89:A?9GC;E8>7:8:G;CBD77>G;:H?J8G;D7<;C?8;A8;?N@?=:G7;8DDID8>C? >?B>GC?>8:G7;@8=8@G:I8DD8AA:7H?>8DD<>?M\n\nOG:HG;EFHG:?J8>6D?E9:8G;D?999:??D:>GJE58@8998>?67;I@86G;?:98;A6D?8@H?A78K P7G;?>I@>?8:?8J7A?>;E97=HG9:G@8:?A8;A@8DJG;CG;:?>G7>MQ8:<>8DDGCH:G9J8NGJG9?A :H>7G7>7B:H?R?99?DE@7J:H?7F;?>S9\n\n得益于其宽阔的单层、全空调上层甲板桥，LADY MAY 非常适合招待宾客；无论在甲板上还是舱内，她都将为新船主提供无与伦比的水上体验。其适于巴哈马群岛的浅吃水意味着几乎没有她无法进入的水域。\n\n2019年，LADY MAY 进行了全面翻新，包括全船重新喷漆，并顺利完成其为期5年的 Lloyd's（劳氏）检验。\n\nLady May 根据法院命令出售，任何交易均须经法院批准。\n主要特点\n\n· 具备 Feadship（飞仕）血统\n· 由 Dubois（迪布瓦）和 RWD（雷德曼·惠特利·迪克森）打造的获奖设计\n· 船舶全域广泛采用玻璃，以提供全景视野\n· 华丽的吧台从主沙龙延伸至船尾甲板\n· 主甲板船主套房享有开阔景观\n· 半封闭式空调日光甲板\n· 诚意卖家\n\n注：在美国水域期间，不向美国居民出售。\n\n另请注意：Lady May II，一艘 Windy 52 Blackbird，亦作为单独房源出售。\n\n点击此处取消订阅\n附件5\n\n案号：_____________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵）受托人的附件5\n\n附件：_________\n\n副书记官\n\n_____________ 证据\n\nJune 27, 2023 全部准予采纳\n\nR. Senteio（R. 森泰奥）\n\n身份识别\n\n诉\n\n日期\n\n日期\n\n签署人\n--\n\n--- !\n\"# $#-%$& #!\n\n -,\n!\n!\n/\n\n2345635789:;:9<=<>?@A@B@<;@B=:@8CDE9::FGH;I:EHBH;H8<9EEJE9?D@ ?@C?HD@?9;H89AH;J9EE9BB;8I@?9EE=?@N\n\nPH;IH\n234567689::5:;4<7=>?4@A834A5:468B47C635>D97?58E@:76>@F8EGH=I9J@56 7?9=5:9=39??K5837:5==7L9?784MNI5:84F5@FO\n\nPQRSTUVWXYZRVS[R\\WXX\\]^]\\\\_\\S`\\aVWabV\\cVU\\dbQe]Z[V\\_f\\_WZ]Vb[[WSQV\\aV]Z^V\\\\ ghUWWhQ^VU\\ibafjbfkUb^a\\V\\]YSQ\\aVWSQ`SV\\bQfbQabRRSQV\\]\\^V\\a[b]VS\\^VW []\\^\\QVVU\\S]XSQbRbQad\\^VWXX\\]^dflZ\\^abfjbfmnVUbVopnn[YgqlkrsAA4F6=968 L@=>?EK583L4F875:L@:C585@:65:L?9C5:;7=5:5=9=>9FL3764>F5L4@Atuv=5??5@:\n\n所有报价均须经破产法院批准。\n\n如需进一步详情，包括报价条件，请联系 Dirk Johnson（德克·约翰逊）。\n主要特点\n\n· 具备 Feadship（飞仕）血统\n· 由 Dubois（迪布瓦）和 RWD（雷德曼·惠特利·迪克森）打造的获奖设计\n· 船舶全域广泛采用玻璃，以提供全景视野\n· 华丽的吧台从主沙龙延伸至船尾甲板\n· 主甲板船主套房享有开阔景观\n· 半封闭式空调日光甲板\n· 诚意卖家\n\n另请注意：Lady May II，一艘 Windy 52 Blackbird，亦作为单独房源出售。\n\n查看网页\n\n经纪人 Dirk Johnson（德克·约翰逊）\n\n办公室\n\nNewport（纽波特）\n\n电话 +1 401 965 9189\n\n电子邮件 daj@edmiston.com\n\n租赁　购买　出售　建造\n\n管理\n\n点击此处取消订阅。\n附件7\n\n案号：_____________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵）受托人的附件7\n\n附件：_________\n\n副书记官\n\n_____________ 证据\n\nJune 27, 2023 全部准予采纳\n\nR. Senteio（R. 森泰奥）\n\n身份识别\n\n诉\n\n日期\n\n日期\n\n签署人\n\n- !\n! -\"#$%& '--%& ()*+\n\n, % (!\n! -$--.\n\n/$0*12 1-2(3\n+, 412\n5(\n\n,5, 3+ 63 -74-. 84#&% (, !3 4&% / 6\n\n4-# /9:,;;\n\n- < <\"\n+<*22=*2\\- )%>22>222\n\n3< 22>2227@A+\n\n案件 22-50073，文件 1930-7，于 06/22/23 提交，于 06/22/23 18:40:24 录入，第 3 页（共 5 页）；案件 22-50073，文件 1968，于 06/30/23 提交，于 06/30/23 15:37:05 录入，第 35 页（共\n\n--\n\n+,\n\n> -1--\n\n!\"-!-#-- $-- -\n-- - ----\"\n- - -\"\n\n%\n& %'()\n- ! * 238\n\n789:9;<=>??@ABC@DEF;G9@HIIJKLMLL NBOIMMOMMM\n\n------P --Q - - --\n-- -- - - !-- -\n\n-- - ,\"- +\n- R $ - !-- --- -*\n-\n\n- )\n\n!--\n-\n\n\" !\"-\n\n3 -\n\n-\n\n-.\n\n/-\n!\n\n$ -\n\n*45%6\n\n!\n\nSGTT@ABC@:89UTVGWOX8YZG8T@LMH[KLMLL NLBO[MMOMMM\\]Y^\\_W9GU\n\n`--\n\n-!\"-6-1 , -- ! ab##\n$-- ---- -\"\n- -- * --- -Q - -\" -- !- -- - /-- -\n\"- -- -!- - !-\n-\nc9Ude9d@AfC@:89UTVGW@LMHAKLMHI gLfO[MMOMMM\nQ - ! h!\n0h - -1- - - - - - - Q- -\"\n\n-! -1--\n\n--\" !\"h\"+\n$R6hi6i - - j--- ! *\n7=T9@JkC@79>;=Z8>l=@LMHkKLMLJ NHJO[MMOMMM\\]Y^\\_W9GU\n\n----Q - - - -1-- --- )!\"- %\nh\n- #`#6 $ -* -1\n\n-\n\nQ ! - - -\n-- -\n- m6\n\n!- - -5#64\n\n案件 22-50073，文件 1968，于 06/30/23 提交，于 06/30/23 18:34:00 录入，第 36 页（共 5 页）\n\n地中海地区夏季可供租赁的60米以上游艇\n\nPhoenix 2　90m　Lürssen（吕森）　2010/2019　每周 €1,150,000\n\n自8月14日起可在东地中海地区，或自8月16日起可在西地中海地区租赁。经纪人 Matthew Gant（马修·甘特）称，这艘受装饰艺术风格启发的游艇“堪称水上奢华之巅”。其配备一切可想象的设施，包括室内和室外电影院、三个泳池、健康中心，以及数量惊人的玩具。\n\nDar　90m　Oceanco（欧绅科）　2018　每周 €1,200,000\n\n自8月13日起可在西地中海地区租赁。这艘豪华游艇设有享海景的专属船主甲板、水疗中心和海景健身房，十分适合寻求最大限度私密性的租赁宾客。经纪人 Anne Lebernicheux（安妮·勒贝尔尼舍）称：“其特别设计的玻璃窗确保宾客可在远离窥探目光之处享受假期。”\n\nSunrays　86m　Oceanco（欧绅科）　2010/2018　每周 €1,150,000\n\n8月4日至12日可在 Naples（那不勒斯）租赁。SUNRAYS 具备其他游艇只能梦寐以求的各种特点，包括出色的船主套房、设有半封闭式吧台的日光甲板、三个按摩浴缸及一个泳池。此外，经纪人 Charlotte Hanlon（夏洛特·汉隆）称：“豪华水疗中心和休息室可转换为家庭影院。”\n\nM'Brace　74m　Abeking & Rasmussen（阿贝金与拉斯穆森）　2018　价格面议\n\n今年8月可在西地中海地区租赁。经纪人 Robert Shepherd（罗伯特·谢泼德）称：“M'BRACE 是当今水面上最引人注目的游艇之一。”她因设计荣获多项大奖，并具有无可挑剔的北欧品质、灵活的住宿安排、令人惊叹的泳池和分层日光甲板。\n\nAndrea　74m　CRN　2017　每周起价 €890,000\n\nResilience　65m　ISA　2021　每周起价 €600,000\n\n案件 22-50073，文件 1968，于 06/30/23 提交，于 06/30/23 18:34:00 录入，第 36 页（共\n\n自8月18日起可在法国南部租赁。239 自8月23日至9月7日，这艘 ANDREA 的设施包括私人露台、室内和室外电影院、日光甲板按摩浴缸、玻璃底泳池，以及巨大的可展开式海滩俱乐部，均使其极具租赁吸引力。事实上，她符合如此多的条件，以至于经纪人 Charles Carveles（查尔斯·卡维尔斯）称：“她确实应有尽有。”\n\n这艘精致游艇上个租赁季刚开始提供租赁，并配有众多设施。经纪人 Hannah Wolstenholme（汉娜·沃尔斯滕霍姆）称：“她的泳池、按摩浴缸、宽阔的海滩俱乐部和星空下的影院，以及带下翻式阳台的船主套房，将令最苛刻的宾客也感到满意。”\n\n查看完整租赁船队\n公司新闻\nEdmiston（埃德米斯顿）与 Gulfstream（湾流）亮相 EBACE\n\n5月初，Edmiston 被任命为美国飞机设计和开发商 Gulfstream 的英国及海峡群岛销售代表。Gulfstream 与我们一样致力于可持续发展，并且是航空航天界最知名的品牌之一。本周，Edmiston 与 Gulfstream 一同参加 Geneva（日内瓦）举行的 EBACE，随后将参加 Monaco Grand Prix（摩纳哥大奖赛）。如需了解更多信息，请联系我们。\n\n如您今后不希望接收此类信息，请点击此处。\n\n租赁\n\n销售\n\n新建造\n\n管理\n附件8\n\n案号：_____________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵）受托人的附件8\n\n附件：_________\n\n副书记官\n\n_____________ 证据\n\nJune 27, 2023 全部准予采纳\n\nR. Senteio（R. 森泰奥）\n\n身份识别\n\n诉\n\n日期\n\n日期\n\n签署人\n\nEdmiston（埃德米斯顿）代理出售46米 Feadship（飞仕）机动游艇 Lady May\n\n2023年5月4日　•　Nick Jeffery（尼克·杰弗里）撰写\n\n在中央代理发生变更后，这艘46.2米机动游艇 Lady May 现由 Edmiston 的 Dirk Johnson（德克·约翰逊）挂牌出售。\n\nLady May 于2014年由 Feadship 在 Netherlands（荷兰）以铝材建造，并于2019年进行翻新，其中包括全船重新喷漆。其优雅外观由已故 Ed Dubois（埃德·迪布瓦）设计，配有近乎垂直的船艏和轻缓上扬的舷弧线；其现代、简洁的内饰则由 RWD（原 Redman Whiteley Dixon）设计。\n\n案件 22-50073，文件 1930-8，于 06/22/23 提交，于 06/22/23 18:40:24 录入，第 3 页（共 8 页）；案件 22-50073，文件 1968，于 06/30/23 提交，于 06/30/23 15:37:05 录入，第 40 页（共\n\n-!\" !\n-#\n$# % -\"$%## -&-'\n10003822DD0049008 PFFleatlett9002230022300000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000\n\n两台每台1,900马力的 Caterpillar（卡特彼勒）柴油发动机使这艘待售的406GT游艇巡航速度达到15节。\n\nLady May 要价 $26,500,000。她以“根据法院命令”的方式出售，任何交易均须经法院批准。\n了解有关此游艇的更多信息\n\nLADY MAY　Feadship　46.22 m · 2014\n\n待售 Feadship 机动游艇 Lady May\n\nN\nO\n\n:\n=\nP\nG\n\nD\n\nB\n\nN\nO\n\n:\n=\nP\nG\n\nD\n\nB\nN\nO\n\n:\n=\nP\nG\n\nD\n\nB\nN\nO\n\n:\n=\nP\nG\n\nD\n\nB\n\n()*+,-.,/01(23-(,+4 NO9:=PGD98B\n\n5-)6 +4 789:;<=>? @ABCD?EFGH8;I? J@KLM\n\n案件 22-50073，文件 1930-8，于 06/22/23 提交，于 06/22/23 18:40:24 录入，第 6 页（共 8 页）；案件 22-50073，文件 1968，于 06/30/23 提交，于 06/30/23 15:37:05 录入，第 43 页（共\n\nV)\n\nPQ125R><10::\n\nPQ125R><10::\n\nPQ125R><10:\n\n+FIJLFMNOGPQ125R><10::\n\nPQ125R><10::\n\nPQ125R><10:\n-\n3456789:5;<<3456789:5;<<3456789:5;<案件 22-50073，文件 1930-8，于 06/22/23 提交，于 06/22/23 18:40:24 录入，第 7 页（共 8 页）；案件 22-50073，文件 1968，于 06/30/23 提交，于 06/30/23 15:37:05 录入，第 44 页（共 238 页）\n\n3456789:5;<<\n\n(\n)\n*\n+\n\n:\n\n,\n)\n\n-\n/\n\n;\n<　3\n\n:\n\n;\n<　3\n\n:\n\n;\n<\n\n:\n\n=\n-\n*\n0　;\n<\n\n)\n\n>\n\n?\n@\n\n/\n\nA　3\n\n:\n\n;\n<　3\n\n:\n\n;\n<\n\n3　4\n\n:\n\n;\n<\n<　3\n\n;\n<\n<　3\n\n6　7\n\n:\n\n;\n<\n\nQ\n\nR\n:\n;\nP\n\nS\n\nK\n\nI\n\nD\nE\nT\n<\nM\n:\n\nD\nG\n\nH\n;\nI\nC\n\nD\n\n!\n\"\n\nU\nH\n\nI\n;\nV\nP\n\nD\nW\nT\n<\n\n!\n$\n\nD\nG\nN\n\nH\n;\nI\nC\n\nD\n%\n\n\"\n\n$\n\nO\n\n;\nP\n\nD\nX\nE\n<\nN\nG\n\n:\n\nD　G\nE\n\nH\n;\nI\nC\n\nD\n%\n&\n\n'\n\n1000%222000049008 Filead 06969690000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\nBoatpro 是全球领先的超级游艇市场情报平台\n\nAbol Adve Con Care Tern Coo Privi Site\n\n来自 BOAT International（国际游艇）的更多内容\n\n关于我们　游艇　活动\n\n广告与媒体资料包　市场情报　游艇商务\n联系我们　待售游艇　游艇专业人士　包租　商店\n使用条款　目的地\n隐私政策　游艇生活\n隐私政策　虚拟游艇展\n地图　Boat Presents\n\n关注我们\n\n订阅\n订阅我们的新闻简报\n\n订阅 BOAT International 电子邮件新闻简报，以获取最新超级游艇新闻、商业分析、独家活动邀请等内容\n\n注册\n\n返回顶部\n\nBoat International Media Ltd（Boat International Media有限公司）© 2008 - 2022。\n\n以“BOAT Presents”标识呈现的内容属广告内容，Boat International Limited 已获付费以刊载该内容。\n证物 9\n\n案号＿＿＿＿＿＿＿＿\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵）受托人的 9\n\n证物＿＿＿＿＿＿\n\n副书记员\n\n＿＿＿＿＿＿＿＿证据\n\nJune 27, 2023 全部准予接纳\n\nR. Senteio\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n\n：\n；\n<\n\n=\nC\nD\nE\nF\n\nG\nK\nL\n\nM\nN\n+\n>\n?\n@\nA\nB\nA\nH\nI\n\nJ\nI\n>　C\nO\n-\n@\nA　D\nS\nP\nQ\n>\nR　F\nO\nK\nC\nL\n\nG\n-\n>\n+\nT\nU\n>\nQ\n>\n-　K\nO\nV\n>\n,\n/　@\nW\n>\nJ\nA\n\n-!\"#\\$%#&#--\n\n'(%'%#-&' )\\*-\n案件 22-50073 文件 1930-9 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 3 页，共 6 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 48 页，共\n\n-\n\n+\n,\n-\n/　J\nK\nL\nM\nN\nO\nN\nM\nP\nQ\nN\nR\nS\nJ\n\n+\n,\n-\n\n/\n\n,\n\n:\n\n;\n<\n=\n/　7\n,\n\n:\n\n>\n\n?\n<\n=\n/\n\n@\n\nA\nB\n\n/\nD\nE\n:\n\nF\n\nG\nH\n\n/　+\n,\n\nA\n\nC\n\n:\n/\nI\nH\n:\n\nF\n\nG\nH\n\n/\n\n案件 22-50073 文件 1930-9 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 4 页，共 6 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 49 页，共238\n\n+,-./012-34\n\n+,-./012-34\n\n+,-./012-34\n- QR78;STB76@案件 22-50073 文件 1930-9 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 5 页，共 6 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 50 页，共238\n\n+,-./01234/.20\n\n56789:;<=>?@AB=AC D QR78;STB76@@\n\n56789:;<=?A@EFB=GHA QR78;STB76@@\n\n56789:;<=?I@>B=GH> QR78;STB76@\nOZX=KOT:G-4K12[,B0@OP9SRX:OSX=YK案件 22-50073 文件 1930-9 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 6 页，共 6 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 51 页，共\n\nOTHA1@.\n\nE\nL\n,\nA\n\n\\\n@\nE\n\nI\n\n@\n\nH\n\n]\n\n-\n\n^\n>\n,\n\n-\nM\n\n\\\n@　`\n-\nM\nB\n@\n\n-\n\nV\n/\n\n`\n-\nM\nB\n@\n\na\n,\n\nU\n-\n\n1　e\nI\n\n@\n+\n,\n-\n\n+\nA\n@\n\n+\n,\n-\n\nG\n\n,\n\n>\n-\n\n@　>\nB\n-\n\n1　U\nB\n,\n?\n\nF\n\nK\n@\n\n,\nJ\n\\\n@\n\n>\n,\n,\nV\n\nG\n,\n\nM\n_\nG\n\nI\n-\nM\n_\n\nG\n,\n\nM\n_\nU\n\n-\n?　b\n\n@\n\n-\n,\n\n@\n+\n,\n-\n\nJ\n\nc\n\nA\n-\n+\n,\n-\n\nU\nB\n,\nd\n+\n,\n-\n\nG\n\n@\n2@,H1. B 4-.@\n\n-.3,0-45163-7.689:;<9:=12.B1C+DEFG21@0.C4,H3@-06I12.3@0HJ1-.A21-06+,-./012-.3,0-473K3.16B-@L10?-36.,30M4A61.B3@M,0.1=U3H0A?.,+DEF/0.12-.3,0-41K-3401d@4.@A?12\\_-MB.01d@RLA@301-04\\_@3R1fM4A@3I10.3I.-,0@R-6K,21=+E>^FDDG\n\n+,-./012>,0.1 ?21@ 0.6A0\n证物 10\n\n案号＿＿＿＿＿＿＿＿\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人的 10 June 27, 2023 全部准予接纳 R. Senteio\n\n证物＿＿＿＿＿＿\n\n副书记员\n\n＿＿＿＿＿＿＿＿证据\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\nLady May（五月女士号）游艇　待售　高级\n\n原名：Como\n\n46.22 m (151'6\" )　406 GT　Feadship（斐帝星）　2014　$26,500,000 (€24,187,610)\nLady May 游艇概览\n关于 Lady May 游艇\n\nLady May 是一艘总长度为 46.22 m 的机动游艇。该游艇的建造商为来自 Netherlands（荷兰）的 Feadship，其于 2014 年下水 Lady May。该超级游艇的船宽为 9 m，吃水为 2.2 m，容积为 406 GT。\n\nLady May 的外观设计由 Dubois Naval Architects Ltd.（Dubois Naval Architects有限公司）完成，室内设计由 RWD 完成。该超级游艇 Lady May 最多可容纳 10 名宾客，另可容纳包括船长在内的 8 名船员。Lady May 配有 aluminium（铝制）船体和 aluminium（铝制）上层结构。其配备 2 台 Caterpillar Inc（卡特彼勒公司）发动机，最高航速为 19 kn。该游艇载有 51,000 litres 燃油。\n\n在全球最大游艇排名中，超级游艇 Lady May 位列第 1359 名。其为 Feadship 建造的第 131 艘最大游艇。Lady May 的所有人显示于 SYT iQ 中，仅向订阅者提供。在 SuperYacht Times（超级游艇时报）上，我们拥有 Lady May 游艇的 31 张照片，且该游艇曾出现在 25 篇游艇新闻文章中。7 238\n\nLady May 的要价为 $26,500,000，可通过 Edmiston（埃德米斯顿）购买。目前全球有 1,741 艘待售游艇。尚不知 Lady May 是否配备由 YachtEye 提供的超级游艇信息娱乐系统。\nLady May 游艇待售\n\nLady May 游艇所有人、经纪人或船长，请使用“更新销售信息”链接报告销售信息的任何变更。更新销售信息\n\n联系经纪人\n\n广告\n\nLady May 游艇外观　所有外观照片\n\nLady May 是一艘容积为 406 GT、长度为 46.22 m 的机动游艇。其外观建筑设计由 Dubois Naval Architects Ltd. 完成。\n\n外观设计师　Dubois Naval Architects Ltd.\n案件 22-50073 文件 1930-10 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 4 页，共 7 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 55 页，共 238\nLady May 游艇内饰\n\n所有内饰照片\n\nLady May 是一艘容积为 406 GT、长度为 46.22 m 的机动游艇。其内饰建筑设计由 RWD 完成。\n\n内饰设计师　RWD\nLady May 游艇规格\n\n尺寸\n\n总长度　46.22 m\n船宽　9.0 m\n最大吃水　2.2 m\n总吨位　406\n建造\n\n建造商\n案件 22-50073 文件 1930-10 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 5 页，共 7 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 56 页，共\n\nFeadship\n\n港口　Aalsmeer（阿尔斯梅尔）\n国家　Netherlands\n年份　2014\n材料\n船体　Aluminium（铝）\n上层结构　Aluminium（铝）\n设计\n船舶设计　Dubois Naval Architects Ltd.\n外观　Dubois Naval Architects Ltd.\n内饰　RWD\n船舶详情\n曾用名称　Como\n类型　机动\n子类型　飞桥\n船级　Lloyd's Register（劳氏船级社）\n船体类型　单体船\n船体构造　半排水型\n甲板数量　不适用\n住宿\n宾客人数　10\n船员人数　8\n船员舱室　4\n性能与能力\n最高航速　19.0 kn\n巡航航速　15.0 kn\n航速/航程　14.0/3000 n/M\n燃油容量　51,000 L\n淡水容量　16,000 L\n\n推进系统\n案件 22-50073 文件 1930-10 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 6 页，共 7 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 57 页，共\n\n类型　238\n\n螺旋桨\n\n数量　2\n\n发动机\n制造商　Caterpillar Inc\n型号　C32\n类型　柴油\n功率　1,417 kW 1,900 HP\n数量　2\n总输出功率　1,417 kW 1,900 HP\n联系经纪人\n\n要价\n\n$26,500,000\n€24,187,610　发送咨询\nLady May 游艇所有人、经纪人或船长，请使用“更新销售信息”链接报告销售信息的任何变更。更新销售信息　收件人\n挂牌方　Edmiston\n全名\nEdmiston　例如：Jane Doe\n致电经纪人　工作电子邮箱\n例如：jane.doe@domain.com\n咨询内容\n例如：您好，您能否向我发送更多关于 Carinthia VII 游艇的信息？\n\n发送咨询\n\n正在加载……\n新闻简报\n\n前往 SYT 商店\n游艇　查看全部　帆船　机动游艇\n按船厂\n\nFeadship　Benetti（贝尼蒂）　Azimut（阿兹慕）　Lürssen（乐顺）　Sanlorenzo（圣劳伦佐）　Westport（韦斯特波特）　Heesen（海森）　SilverYachts（银色游艇）\n\n按类型　Explorer（探险游艇）　Sport Fishermen（运动钓鱼艇）　Flybridge（飞桥游艇）　Trawler（拖网游艇）　Sport（运动游艇）\n\n待售　查看全部　帆船　机动游艇\n按船厂\n\nFeadship　Benetti　Azimut　Lürssen　Sanlorenzo　Westport　Heesen　SilverYachts\n\n按类型\n\nExplorer　Sport Fishermen　Flybridge　Trawler　Sport\nSYT 产品\n\nYachtEye　SYT 3D　SYT iQ　市场报告\n\n关于　团队　职业机会　联系我们　免责声明　条款与条件　隐私政策　© SuperYacht Times B.V.（超级游艇时报有限公司）// 保留所有权利。\n证物 11\n\n案号＿＿＿＿＿＿＿＿\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人的 11 June 27, 2023 全部准予接纳 R. Senteio\n\n证物＿＿＿＿＿＿\n\n副书记员\n\n＿＿＿＿＿＿＿＿证据\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n案件 22-50073 文件 1930-11 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 2 页，共 29 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 60 页，共 238\n\n搜索\n\n登录\n来自 edmistonyachts 的更多帖子\n\nInstagram\n\n查看更多帖子\n证物 12\n\n案号＿＿＿＿＿＿＿＿\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人的 12 June 27, 2023 全部准予接纳 R. Senteio\n\n证物＿＿＿＿＿＿\n\n副书记员\n\n＿＿＿＿＿＿＿＿证据\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n\n案件 22-50073 文件 1930-12 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 2 页，共 6 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 62 页，共\n\n--\n\n! \"#\n\n商业服务 ▼ ▼ 获取 LinkedIn（领英）应用　更多\n\nLinkedIn Corporation（领英公司）© 2023\n证物 13\n\n案号＿＿＿＿＿＿＿＿\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人的 13 June 27, 2023 全部准予接纳 R. Senteio\n\n证物＿＿＿＿＿＿\n\n副书记员\n\n＿＿＿＿＿＿＿＿证据\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n案件 22-50073 文件 1930-13 于 06/22/23 提交 于 06/22/23 18:40:24 登记 第 2 页，共 29 页案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 登记 第 65 页，共 238\nBongartz, Alex（亚历山大·邦加茨）\n\n发件人：Bongartz, Alex　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·德斯平）　主题：回复：Lady May　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 Dirks 以下电子邮件所述，请见附件：\n\n- （1）标准格式的购买和销售协议（“PSA”），其中已填写第 1 页顶部的方框及第 15 节（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 整合文本副本的清洁版和修订痕迹版，显示我们对 PSA 正文作出的修改。\n\n我们制作该整合文本 PSA 的修订痕迹版以说明我们的修改，且它可能是最有用的审阅文件。然而，具有约束力的文件应为标准格式 PSA 及附录。\n\n如 Dirk 在其以下电子邮件中所述，如您拟修改 PSA 格式，请将该协议的修订稿作为您报价的一部分提交（如有任何此类修改，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，请联系我。\n\n谨致问候，\n\nAlex\nG. Alexander Bongartz　法律顾问　财务重组组　Paul Hastings LLP（普衡律师事务所）　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 　发送时间：Wednesday, May 24, 2023 10:27 AM　收件人：\n\n抄送：Despins, Luc A. ；Bongartz, Alex 　主题：[外部] Lady May\n\n29 238\n--- 外部电子邮件 ---\n尊敬的：\n\n代表目前在 District of Connecticut（康涅狄格地区）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，我们邀请所有有意方在 Tuesday, May 30th at 5:00 p.m. (EST) 之前提交其最佳且最终报价。此类报价应发送给受托人，电子邮箱为 lucdespins@paulhastings.com。为加快流程，此类报价的条款应包括以下内容：\n\n仅考虑购买价格超过 $20,000,000 的要约；\n\n要约必须以受托人提供的购买协议表格为基础（我们将在明天，即 5月25日，星期四，营业结束前向您提供该协议表格）；\n\n如您拟对该购买协议表格作出修改，请将协议的修订稿作为您的竞标要约的一部分提交（在确定最高和/或最佳要约时，将评估该等修改，如有）；\n\n中标要约必须规定支付20%的定金，该定金必须在该要约被选定为中标要约后48小时内收到；\n\n如中标竞买人未能按照购买协议的条款完成对 Lady May（“梅夫人”号）的购买，20%的定金将被没收（为明确起见，如勘验发现影响 Lady May 或其机械设备或系统运行完整性的缺陷，或致使 Lady May 不适航，购买协议将允许买方终止该协议）；\n\n购买协议必须于6月9日前签署；\n\n应于6月28日前作出接受/拒绝决定（以勘验结果为依据）；\n\n如中标竞买人未能以购买协议中载明的价格完成购买，第11章受托人可自行选择以成本价向买方购买该勘验报告；\n\n交割应在切实可行的情况下尽快进行，但不得晚于7月20日；以及\n\n所有要约均须经破产法院审查和批准。\n\n感谢您对 Lady May（“梅夫人”号）的关注。如有问题，请随时致电给我。\n\n谨致问候，Dirk Johnson Edmiston（德克·约翰逊·埃德米斯顿）\n案件 22-50073 文件 1930-13 提交于 06/22/23 登记于 06/22/23 18:40:24 第4页，共案件 22-50073 文件 1968 提交于 06/30/23 登记于 06/30/23 15:37:05 第67页，共\n\n网络欺诈警告——请勿仅凭电子邮件接受任何账户资料变更通知，除非您先与我们当面确认。EDMISTON 对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属于保密信息，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属未经授权。如您并非预定收件人，则禁止且可能违法披露、复制、分发本电子邮件，或基于其采取或不采取任何行动。如您无意中收到本电子邮件，请将其删除并立即联系发件人。\n\n罗得岛州海岸外的国际水域\n经纪游艇购买和销售协议\n\n买方：　卖方：\nLuc 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\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：　文件编号 或　登记编号：\n船旗：\n船体编号：　发动机说明：\n销售经纪人：　挂牌经纪人：\n重要日期　购买价格\n要约日期：　购买价格：\n要约到期日：　减去定金：\n接受/拒绝日期：　减去以旧换新折让（见附录）：\n交割日期：　余额：\n交付地点：\n\n注意：如船舶须移至交付地点，该地点必须准确明确。仅列明港口或城市并不足够。\n包括的其他已登记船舶　___ 是　___ 否 ✔\n\n1. 协议。买方同意购买，卖方同意出售上述所述船舶的一切权利、所有权及权益，但须遵守本购买和销售协议（“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“生效日期”系指双方签署本协议之日。“船舶”还包括截至本协议日期，船上和/或船舶挂牌规格中所列的所有船具、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、物品及附属设备，但卖方或挂牌经纪人于以下较早日期提供的除外清单所列项目除外：（a）生效日期起五日内；或（b）接受/拒绝日期；该等项目不包括在出售范围内。如买方接受船舶，即视为其已接受除外清单。本文中，挂牌经纪人和销售经纪人统称为“经纪人”。如存在以旧换新折让，以旧换新的条件应由所附的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并将其交付另一方，本PSA即不生效。\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），买方应按照下文确认，将定金支付至销售经纪人的账户，作为购买价格的定金，并依本PSA条款持有。卖方可拒绝允许买方进行船舶试航、勘验及其他检查，直至定金已结算并存入销售经纪人的托管账户。\n\n3. 勘验选择权；船舶的接受；勘验条件。买方购买船舶的义务，取决于买方自行酌情对船舶试航和勘验的满意程度，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）勘验师而非经纪人应对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勘验师；（c）卖方应提供船舶，且买方应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试航有关的风险，买方应支付勘验的所有费用，包括相关费用，例如起吊上岸、干船坞及分包商收费；（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交付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，在交割（定义见第4款）之前，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\n\n买方首字母签名：____________\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卖方首字母签名：____________\n修订版3.10.20\n\n本表格仅为 IYBA 的会员专用并使其受益而编制。双方及经纪人特此免除 IYBA 因使用本表格所产生或与之有关的损害赔偿责任。IYBA 明确否认与使用本表格有关的一切保证，包括适销性及适合特定用途的保证。\n案件 22-50073 文件 1930-13 提交于 06/22/23 登记于 06/22/23 18:40:24 第6页，共案件 22-50073 文件 1968 提交于 06/30/23 登记于 06/30/23 15:37:05 第69页，共\n\n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）销售经纪人应将定金返还买方；（ii）本PSA将终止；及（iii）双方及经纪人将免除本协议项下任何进一步责任。经纪人不负责纠正在试航和勘验期间发现的任何缺陷或不足之费用。29 238\n\n4. 交割。船舶所有权的转让（“交割”）将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，并交付将良好且可流通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，或已按照仅以将船舶交付至交付地点及向买方解除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促成。卖方应在交付地点向买方交付船舶（定义见第1款），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。于交割日期当日或之前，卖方必须向销售经纪人交付将船舶所有权（及本协议要求交付的所有其他项目）转让给买方所需的全部文件。交割时，买方应将余额支付给卖方（受第6款约束）和/或通过电汇支付给销售经纪人，以便其转付卖方。卖方应付给（i）经纪人的佣金、仓储、保险、维修和/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，将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。\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担任双重代理人，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、对船舶价值或受欢迎程度有重大影响的事实；但在该情况下，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。如挂牌经纪人与销售经纪人不同，挂牌经纪人仅代表卖方，对买方不负任何受托或其他义务；销售经纪人仅代表买方，对卖方不负任何受托或其他义务（尽管其由卖方支付报酬）。经纪人仅有义务履行本文明确规定的职责，不得将任何默示职责或义务解释纳入本PSA。卖方应独自负责支付本协议所载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；成交要求。卖方陈述并保证，其将向买方转让船舶的良好且无瑕疵的所有权，不附带任何债务、索赔、海事或普通法留置权、担保权益、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款、海关税费或关税（统称“产权负担”）。成交前不少于两（2）个营业日，卖方应向买方交付：(a) 令买方满意的所有权证明；(b) 已支付或解除所有产权负担的证明（但将在成交时全额支付的产权负担除外）；(c) 卖方就本第6条中的卖方陈述和保证作出的保证及赔偿承诺；(d) 如卖方为法人实体，则由卖方实益所有人就本第6条中的卖方陈述和保证作出的个人保证及赔偿承诺；以及(e) 向买方转让良好且无瑕疵所有权所必需的任何其他文件副本。卖方应支付取得任何主管机关要求的出售授权所产生的任何费用，并应充分配合取得该等授权。任何作为法人实体的一方均应于成交前向另一方提供：(i) 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) 表明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/或买卖文件的个人具有相应授权的同意行为或决议；(iii) 表明交付或接收船舶的个人具有授权的授权委托书；以及(iv) 就卖方而言，其电汇信息。\n\n7. 损失风险；不可抗力。成交前，卖方承担船舶灭失或损坏的风险。如在买方接受船舶后船舶受损，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日，则：(a) 卖方必须于成交前按照良好的海事惯例进行修理，使船舶恢复至受损前的标准，且买方可检查该等修理；(b) 买方必须支付余额并接收修理后的船舶；以及(c) 成交日期将按修理期间相应延长。如在买方接受船舶后船舶受到更严重的损坏，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，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”）所必需的范围内将予中止，该等事件包括但不限于天灾、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所述的期限，包括但不限于成交日期，应视为延长受影响一方根据本PSA履行义务所必需的期间；但如不可抗力事件使成交日期延迟超过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规定，如保证金未在到期时支付，或因买方未履行义务而未完成成交，包括但不限于未支付余额或未于成交日期前签署完成购买所必需的全部文件：(i) 保证金应由卖方和经纪人保留（如保证金未支付，则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，并作为签署本PSA的对价，以完全解决双方之间的所有索赔；(ii) 销售经纪人应向买方返还其从买方收到的任何其他资金；以及(iii) 双方将解除其在本PSA项下的全部义务。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支付成本或费用，然后百分之五十（50%）分给卖方，百分之五十（50%）分给经纪人；经纪人应按如已完成交易时佣金本应分配的相同比例分配该款项。如因卖方未履行义务而未完成成交，则根据本PSA由买方支付或存入的保证金及任何其他款项，应于买方要求时返还给买方，或者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成交本应支付的相同佣金。29 238\n\n买方首字母缩写：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n卖方首字母缩写：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n案件 22-50073 文档 1930-13 提交日期 06/22/23 登记日期 06/22/23 18:40:24 第 7 页；案件 22-50073 文档 1968 提交日期 06/30/23 登记日期 06/30/23 15:37:05 第 70 页\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，买方应于成交时向销售经纪人支付应缴税款。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. 陈述和保证。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属良好和正确，并本着善意提供该等信息，但并不且无法保证该等信息的准确性。买方保证并陈述，于成交时，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) 并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）。成交后，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，所有该等保证和陈述均予以否认。\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。买方和卖方确认，经纪人未就买方获得融资的能力、买方取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为船舶办理文件或登记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文书之上。\n\n13. 约束效力；同期合同；未来销售。本PSA对所有双方、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，卖方不得出售船舶或订立任何出售船舶的合同。如未按照本PSA条款完成交易，且买方和卖方在本PSA终止后两年内，就船舶出售在双方之间直接或通过任一方所有或控制的实体订立合同，卖方同意向经纪人支付与如本PSA所设想的交易已成交时经纪人本应收取的佣金相同的金额。\n\n14. 托管资金。双方确认：(a) 在资金结算进入销售经纪人账户之前，销售经纪人不对保证金负责；(b) 资金结算后，销售经纪人应以托管方式持有保证金，且任一经纪人从任一方收到的任何其他资金均应为该方以信托方式持有；(c) 销售经纪人可在向卖方支付保证金或余额之前保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，买方和卖方应就与该争议以任何方式相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费用（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，但经最终且不可上诉的判决认定故意不当行为或存在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连同其附件和附表，构成双方就本协议标的事项达成的完整协议，并取代此前及同时就该事项进行的所有谈判、协议、陈述、保证和谅解，无论其为书面、口头或其他形式。如经纪人成为涉及本PSA的任何诉讼的一方，经纪人应由被认定违反本PSA的一方或多方偿还其在审前、审判及上诉各阶段的费用和律师费。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）有权就全部审前、审判和上诉程序追偿合理费用、律师费和成本。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，则应在可能范围内将其解释为实现本PSA双方的意图，而非予以排除。无论如何，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，不存在其他明示、默示或其他形式的责任、义务、法律责任或保证。除经买方和卖方书面签署外，本PSA不得修订或修改。由代表任一方的律师或经纪人作出或向其发出的通知和交付，与由该方作出或向该方发出的通知和交付具有同等效力。所有通知均须采用书面形式，并可通过亲自交付、隔夜快递、传真、电子邮件或其他电子方式作出；在交付且保留交付证明后即生效。买方可将本PSA转让给\n\n买方首字母缩写：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n卖方首字母缩写：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n案件 22-50073 文档 1930-13 提交日期 06/22/23 登记日期 06/22/23 18:40:24 第 8 页；案件 22-50073 文档 1968 提交日期 06/30/23 登记日期 06/30/23 15:37:05 第 71 页\n\n买方的任何直系家庭成员，或由买方和／或其任何直系家庭成员拥有或控制的任何实体。否则，未经另一方同意，任何一方均不得转让本 PSA，且该同意不得被无理拒绝。除非以书面形式作出，任何一方均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；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。29 238\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)。凡涉及本协议的任何争议，应按以下方式解决：(a) [\\_\\_] 在位于 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 州（如留空，则为 Florida）的法院解决；(b) [\\_\\_] 通过在 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 州（如留空，则为 Florida）进行的具有约束力的仲裁解决；(c) [\\_\\_] 通过在英国伦敦进行的具有约束力的仲裁解决。如选择 (a) 或 (b)：(i) 无论其法律冲突原则为何，本协议均应受 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 州（如留空，则为 Florida）法律管辖并依其解释；以及 (ii) 程序应在卖方经纪人主营业所所在县进行，或如卖方经纪人在 Florida 没有办事处，则在 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_（如未指明其他城市，则为 Fort Lauderdale, Florida）进行。如选择 (b)，除非适用以下规则，否则应适用仲裁开始时有效的 American Arbitration Association（美国仲裁协会，“AAA”）《商业仲裁规则》：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_. 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”）保存的仲裁员名单中共同选定一名独任仲裁员。如双方未能就仲裁员达成一致，IYBA 有权任命该独任仲裁员。如争议金额更高，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。如其未能在 14 日内就第三名仲裁员达成一致，任何一方均可请求 IYBA 从其保存的仲裁员名单中任命第三名仲裁员。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，均为终局性的，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仲裁。如选择 (c)：(i) 无论其法律冲突原则为何，本协议均应受英国法律管辖并依其解释；(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，均应依据 Arbitration Act 1996 或其任何法定修订或重新制定版本提交伦敦仲裁，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（包括反请求）低于 USD\\$100,000，则适用其小额索赔程序；如等于或高于 USD\\$100,000 且低于 USD\\$400,000，则适用其中等索赔程序。无论选择何种选项，双方均不可撤销地接受该等法院或仲裁机构的专属管辖权，放弃其现在或将来可能就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。双方在已有机会寻求法律顾问后，放弃就本协议项下产生的请求，无论系针对彼此还是任何经纪人，进行陪审团审判的权利。\n\n买方：　卖方：\n\n正楷姓名：________________________________　_____________________________________\n正楷姓名：________________________________\n职务：________________________________　　　职务：________________________________\n日期：________________________________　　　日期：________________________________\n卖方经纪人　　保证金确认　　（以款项结清为条件）\n正楷姓名：_______________________________　金额：____________________________\n职务：_______________________________　　　日期：_______________________________\n\n买方姓名首字母：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n卖方姓名首字母：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n第 4 页，共 4 页 ©2020 International Yacht Brokers Association。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 因使用本表格所导致或与之相关的损害赔偿责任。IYBA 明确否认与使用本表格有关的任何及全部保证，包括适销性及特定用途适用性保证。\n\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 9 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 72 of 238\n\n于 2023 年 [-----] 签署的《经纪船舶购买和销售协议补充协议》，签订方为：(i) Luc A. Despins（作为 Ho Wan Kwok（郭文贵）财产的 Chapter 11 受托人）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 于 2023 年 [-------] 签署的《经纪船舶购买和销售协议》（以下简称“PSA”）中所规定的含义。为免疑义，凡提及 PSA（无论是在该 PSA 或本补充协议中），均指经本补充协议修订后的 PSA。\n\n1. Luc A. Despins 仅以 Ho Wan Kwok 财产的 Chapter 11 受托人身份作为 PSA 的当事方，而非以其个人身份。因此，买方不得以 Luc A. Despins 的个人身份或 Paul Hastings LLP 为对象提出任何请求。\n\n2. PSA 及 PSA 中的所有条款均须经 United States Bankruptcy Court for the District of Connecticut（美国康涅狄格州联邦破产法院，以下简称“破产法院”）批准，Ho Wan Kwok 的 Chapter 11 案件，即 Case No. 22-50073（以下简称“Chapter 11 案件”），正在该法院审理中。\n\n3. 尽管 PSA 中有任何相反规定，破产法院对有关 PSA 或因 PSA 产生的任何请求或争议享有专属管辖权，双方及经纪人不可撤销地接受破产法院的专属管辖权，放弃其现在或将来可能就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 条中关于对涉及 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，无论其法律冲突原则为何，PSA 均应受 New York（纽约州）法律管辖并依其解释。\n\n5. PSA 第 1 条的第四句和第五句特此修订如下：\n\n“船舶”还包括截至本 PSA 日期船上和／或船舶挂牌规格中包括的所有属具、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、物品和附属设施。除卖方或挂牌经纪人在以下较早日期提供的排除清单中列明的项目外，不存在排除清单：(a) 生效日期起五日，或 (b) 接受／拒绝日期；该等项目不包括在本次出售中。如买方接受船舶，则视为买方已接受排除清单。为免疑义，Lady May II 不作为依据本 PSA 出售船舶的一部分。\n\n6. PSA 第 1 条的第八句特此修订如下：\n\n如根据本 PSA 出售船舶涉及以旧换新抵价，则该以旧换新的条件应受所附《以旧换新船舶补充协议》管辖。\n\n7. PSA 第 2 条特此修订如下：\n\n在卖方签署本 PSA 后 \\_\\_\\_\\_\\_ 个营业日内（如留空，则为 3 个营业日），买方已于 2023 年 [-----] 将保证金支付至卖方经纪人的账户，如下文所确认，该保证金作为购买价款的订金，应依本 PSA 条款予以托管。在保证金已结清并存入卖方经纪人的托管账户前，卖方可拒绝允许买方进行船舶试航、检验及其他检查。\n\n8. PSA 第 3 条特此修订如下：\n\n买方购买船舶的义务，以买方自行决定对船舶试航和检验的满意程度为条件，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（其须为具有适当资格的海事检验师，且其日常业务为检验与该船舶质量和价值相近的船舶）书面证明其发现影响船舶、其机械或其系统的运行完整性的缺陷，或使该船舶不适航的缺陷时，拒绝接受船舶。为免疑义，买方不得以任何其他理由拒绝接受船舶。如买方决定对船舶进行检查：(a) 买方应选择检验师；(b) 检验师而非经纪人应对检验中任何错误或遗漏负全责，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，且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) 卖方应支付试航的所有运行费用并承担与试航有关的风险，买方应支付检验的全部费用，包括相关费用，例如吊船、干船坞及分包商费用；(e) 买方及其检验师应全权负责确定检验和试航的范围，以评估船舶是否符合买方的要求；以及 (f) 买方应在接受／拒绝日期当日或之前，向卖方或挂牌经纪人提交书面拒绝或接受船舶通知。无论买方是否检查过船舶，如其未能依本 PSA 及时提交接受船舶的书面通知，则视为买方已拒绝接受船舶。买方接受船舶后，卖方在交割（定义见\n\n第4段）除为将该船舶移至交付地点外。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，则在代表买方产生的所有费用均已支付后，(i) 卖方经纪人应将保证金返还给买方，(ii) 本PSA终止，以及(iii) 各方及经纪人免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检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在交割时，买方应向卖方支付余款（受第6段约束），保证金应在以下一句所述扣减的限制下，和/或由卖方经纪人通过电汇转交卖方后，向卖方解除。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（须经破产法院批准），或(ii)任何其他负担持有人的任何款项，应由卖方经纪人在向卖方支付款项前从应付卖方的金额中扣除；特此不可撤销地指示任何保证金持有人依照本协议条款从保证金中向经纪人支付佣金，并在向卖方解除保证金之前向经纪人支付该佣金。为免生疑问，破产法院批准将该船舶出售给买方的命令应规定，该船舶在不附带任何负担的情况下出售，任何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如挂牌经纪人与卖方经纪人为同一家经纪公司，各方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，且经纪人可向双方披露其所知悉的、对该船舶价值或吸引力具有重大影响的事实；但在该情形下，(a)未经卖方同意，经纪人不得向买方披露卖方愿意以低于要价的金额出售该船舶，且(b)经纪人对买方不承担与该船舶出售有关的任何义务，或未经买方同意，不得向卖方披露买方愿意支付高于报价的价格。\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），该证明可以是破产法院作出的批准出售该船舶的命令（该命令应规定该船舶在不附带任何负担的情况下出售给买方），(c)卖方就其在本第6段中所作陈述和保证提供的保证及赔偿，(d)如卖方为法人实体，则卖方实益所有人就卖方在本第6段中所作陈述和保证提供的个人保证及赔偿，以及(e)为向买方转让良好且可流通的所有权所必需的任何其他文件副本。\n\n案件 22-50073，文书 1930-13，于 06/22/23 提交，于 06/22/23 18:40:24 登记，第 12 页，共 29 页；案件 22-50073，文书 1968，于 06/30/23 提交，于 06/30/23 15:37:05 登记，第 75 页，共 238 页\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，则卖方可选择：(a)卖方必须在交割前依照良好的船舶作业惯例进行维修，使该船舶恢复至受损前的标准，买方可检验该维修；在该情形下，(b)买方必须支付余款并接收维修后的该船舶，以及(c)交割日应按维修期间相应延长。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的后果相同。\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，如保证金未按期支付，或因买方未履行义务而未完成交割，包括但不限于未在交割日之前支付余款或签署完成购买所必需的全部文件：(i)保证金应由卖方和经纪人留存（或如保证金未支付，买方应向卖方和经纪人支付同等金额），作为约定的违约赔偿金，作为签署本PSA的对价，并作为各方之间全部请求的完全和解，(ii)卖方经纪人应向买方返还其从买方收取的任何其他款项，以及(iii)各方应免除本PSA项下的全部义务；但条件是，在破产法院批准本PSA后，如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的金额，该金额应计入并减少挂牌经纪人在该船舶与另一买方完成出售时可能赚取的任何佣金（根据其与卖方签订的委托函）。买方与卖方同意，保证金应首先用于支付买方或经纪人就该船舶发生的任何未付成本或费用，随后百分之五十(50%)分给卖方，百分之五十(50%)分给经纪人；经纪人应按如出售已经完成时佣金本应分配的相同比例进行分配。如因卖方未履行义务而未完成交割（为免生疑问，不包括破产法院拒绝批准本PSA），保证金以及买方根据本PSA支付或存入的任何其他款项，应在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，实际履行是合理的。如因卖方未履行义务而未完成交割，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；但条件是，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应被视为终止，其后果与买方依照本PSA拒绝该船舶的后果相同。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)买方依照本PSA拒绝该船舶），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，买方应在收到该检验报告成本的付款后立即向卖方提供完整的检验报告。\n\n案件 22-50073，文书 1930-13，于 06/22/23 提交，于 06/22/23 18:40:24 登记，第 13 页，共 29 页；案件 22-50073，文书 1968，于 06/30/23 提交，于 06/30/23 15:37:05 登记，第 76 页，共 238 页\n\n14. 现将PSA第9节第一句修改如下：\n\n如适用，买方购买该船舶应付的销售税或使用税由买方负责，买方应在交割时向受托人卖方经纪人支付到期税款。\n\n15. 现于PSA第11节第一句之后增加以下句子：\n\n买方声明并保证，其拥有在交割时支付购买价的充足现金和/或融资。买方还声明并保证，其并非与Ho Wan Kwok（郭文贵）有关联或存在关系，亦非代表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各方确认，(a)在款项已结算并存入卖方经纪人的账户之前，卖方经纪人不对保证金负责，(b)款项结算后，卖方经纪人应以托管方式持有保证金，且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，在向卖方解除支付保证金或余款之前，保留应付经纪人的佣金，以及(d)如发生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有关的律师费和费用，包括在任何上诉中产生的费用（该义务由托管资金上的留置权担保）以及与佣金请求有关的费用；但破产法院作出的最终、不可上诉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\n案件 22-50073，文书 1930-13，于 06/22/23 提交，于 06/22/23 18:40:24 登记，第 14 页，共 29 页；案件 22-50073，文书 1968，于 06/30/23 提交，于 06/30/23 15:37:05 登记，第 77 页，共 238 页\n\n17. 现将PSA第16节第二句和第三句修改如下：\n\n如经纪人成为涉及本PSA的任何诉讼的一方，除非破产法院作出的最终、不可上诉判决认定该经纪人存在故意不当行为或重大过失，否则该经纪人应由被认定违反本PSA的一方或多方偿还其在审前、审判及上诉各阶段的合理费用和律师费。如各方之间发生因本PSA标的事项而引起的任何争议，胜诉方（包括经纪人）有权收回其在所有审前、审判及上诉程序中的合理费用、律师费和成本，除非破产法院作出的最终、不可上诉判决认定该胜诉方存在故意不当行为或重大过失。\n\n18. 现将PSA第16节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家庭成员，或由买方和/或其任何直系家庭成员拥有或控制的任何实体。除此之外，未经另一方同意，任何一方均不得转让本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，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\n案件 22-50073，文书 1930-13，于 06/22/23 提交，于 06/22/23 18:40:24 登记，第 15 页，共 29 页；案件 22-50073，文书 1968，于 06/30/23 提交，于 06/30/23 15:37:05 登记，第 78 页，共 238 页\n\n姓名：_______________________________\n\n职务：_______________________________\n\n日期：_______________________________\n\n案件 22-50073，文书 1930-13，于 06/22/23 提交，于 06/22/23 18:40:24 登记，第 16 页，共 29 页；案件 22-50073，文书 1968，于 06/30/23 提交，于 06/30/23 15:37:05 登记，第 79 页，共 238 页\n\n附件中的独立条款：\n英文>>>\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的一方。因此，买方不得针对Luc A. Despins先生的个人身份或Paul Hastings LLP（宝莱德律师事务所）提出任何索赔。\n\n2．PSA及PSA中的所有条款均须经United States Bankruptcy Court for the District of Connecticut（康涅狄格联邦破产法院）（以下简称“破产法院”）批准；Ho Wan Kwok的第11章案件，案号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，破产法院应对与PSA有关或因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接受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。为免疑义，PSA第17条中关于仲裁任何涉及PSA的争议的所有规定，特此删除。\n\n4．尽管PSA中有任何相反规定，PSA受纽约州法律管辖并依其解释，不考虑其法律冲突原则。\n\n\\\\\\*\nPSA相符版本\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，但须遵守本买卖协议（“PSA”）所载的条款和条件。本PSA中使用的大写术语，除非本协议另有定义，均指上表中的相应术语。本PSA的“生效日期”为双方签署之日。“船舶”还包括截至本PSA日期船上和/或列于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小艇、玩具、物品和附属物。不会有除外清单。为免疑义，Lady May II不包括在根据本PSA进行的船舶出售范围内。挂牌经纪人和出售经纪人在本协议中统称为“经纪人”。就根据本PSA进行的船舶出售而言，不存在以旧换新折让。如任一方未在要约到期日当日或之前签署本PSA并将其交付给另一方，本PSA不生效。\n\n2．保证金。于[\\_\\_\\_\\_]，2023年，买方已向卖方账户支付保证金，如下所确认，该保证金作为购买价款的保证金，并将依照本PSA条款由托管持有。在保证金已结算并存入卖方托管账户之前，卖方可拒绝允许买方进行船舶试航、检验及其他检查。\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 17 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 80 of 238\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和检验满意为条件，但买方可选择不对船舶进行检查；但前提是，买方仅可在验船师（其应为具备适当资格、日常业务为检验与该船舶质量和价值相近之船舶的验船师）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。如买方决定进行检验：(a) 买方将选择验船师；(b) 验船师而非经纪人，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验船师；(c) 卖方应使船舶可供使用，买方应在切实可行的情况下尽快完成试航和检验，以使检验于接受/拒绝日期之前完成；(d) 卖方应支付试航的所有运行费用并承担与试航有关的风险，买方应支付检验的所有费用，包括相关费用，例如吊船上岸、干船坞和分包商费用；(e) 买方及其验船师应全权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拒绝或接受船舶的书面通知。无论买方是否已检查船舶，如其未依照本PSA及时发出书面拒绝通知，均视为买方已接受船舶。买方接受船舶后，除将船舶移至交付地点外，卖方在交割（定义见第4段）前不得使用船舶。如买方依照本PSA拒绝或被视为拒绝船舶，且未以其他方式违反本PSA，(i) 卖方应向买方返还保证金，(ii) 本PSA终止，及 (iii) 各方和经纪人均免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检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”）将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，并交付将良好且可流通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，或已根据仅以将船舶交付至交付地点及向买方解除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促成。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，卖方必须向出售经纪人交付将船舶所有权（及本协议要求交付的所有其他项目）转让给买方所需的全部文件。在交割时，买方应向卖方支付余额（受第6段约束），并应向卖方解除保证金，但以下紧接一句所述的扣除除外。卖方就佣金、仓储、保险、维修和/或其他项目应付给经纪人的任何款项（均须经破产法院批准），应从保证金中扣除，并在向卖方解除保证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，\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 18 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 81 of 238\n\n船舶的出售不附带任何负担，任何负担均附着于出售所得款项。\n\n5．经纪人。各方确认，出售经纪人和挂牌经纪人是促成订立本PSA的唯一经纪人。如挂牌经纪人和出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，在此情况下，(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，且 (b) 经纪人就船舶出售对买方不负有任何义务。如挂牌经纪人与出售经纪人不同，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；出售经纪人仅代表买方，对卖方不负有任何义务，无论是信义义务或其他义务（尽管其由卖方支付报酬）。经纪人仅有义务履行本协议明确规定的职责，不得将任何默示职责或义务解释为包含在本PSA中。卖方应全权负责按照本协议规定支付就船舶出售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，未聘用或与任何其他经纪人、代理人或介绍人打交道，并确认经纪人是本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的所有权，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，以及应向任何州、国家、监管和/或税务机关支付的任何其他适用税款、关税或关税税费（统称“负担”）。交割前不少于两（2）个营业日，卖方应向买方交付：(a) 令买方满意的所有权证据；(b) 已支付或解除所有负担的证明（将在交割时全额支付的负担除外），该证明可以是破产法院作出的批准出售船舶的命令（且该命令应规定船舶出售给买方时不附带任何负担）；以及 (c) 将良好且可流通的所有权转让给买方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有关的任何费用，并应充分合作以取得该等授权。任何作为法人实体的一方，应于交割前向另一方提供：(i) 证明其依据该实体设立所在州或其他司法辖区法律处于良好存续状态的文件；(ii) 表明该实体已适当授权决定购买或出售船舶，以及交付或接受船舶和/或签署本PSA和/或买卖文件之个人权限的同意行动或决议；(iii) 证明交付或接受船舶之个人权限的授权委托书；以及 (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。如船舶在买方接受后遭受损坏，且必要维修费用低于购买价款的百分之五（5%），并且完成维修所需时间少于30天，则卖方可自行选择在交割前，依照健全的海事惯例，将损坏修复至紧接损坏发生前的船舶标准，且买方可检查该等维修；在该情况下，(a) 买方应支付余额并接收已修复的船舶，且 (b) 交割日期将按以下期间延长：\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 19 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 82 of 238\n\n修理期间。如果船舶在买方接受后遭受更严重的损坏，或卖方未行使前句所述选择权，任何一方均可终止本PSA，其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，应予中止，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中所述的期限，包括但不限于交割日，应视为延长受影响一方按照本PSA履行义务所必需的期间；但如不可抗力事件导致交割日延迟超过30日，任何一方均可终止本PSA，其后果与买方拒绝接受船舶时相同。\n\n8. 违约。尽管本协议中有任何相反规定，如因买方未履行义务而未能完成交割，包括但不限于未能于交割日支付余额或签署完成购买所必需的全部文件：(i) 卖方应保留保证金，作为约定的违约赔偿金及签署本PSA的对价，并作为双方之间所有索赔的完全和解；(ii) 销售经纪人应向买方返还从买方收到的任何其他款项；及 (iii) 双方均免除本PSA项下的全部义务；但如在破产法院批准本PSA后，因买方未履行义务而未能完成交割，卖方应从保证金中向房源经纪人支付等同于 \\$200,000 的金额；如船舶随后向不同买方完成出售，该金额应抵扣并减少房源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（为免生疑义，不包括破产法院拒绝批准本PSA），保证金以及买方根据本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完成交割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，本PSA应视为终止，其后果与买方拒绝接受船舶时相同。尽管本PSA中有任何相反规定，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），卖方有权按成本价向买方购买检验报告；如卖方行使该选择权，买方应在收到该检验报告成本的付款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，买方购买船舶应缴纳的销售税或使用税由买方负责，买方应于交割时向受托人支付应缴税款。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提供的任何信息均属准确无误，并系善意提供该等信息，但并不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) 已充分检查并试航船舶（或已自愿放弃该等权利），且 (B) 并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（无论口头或书面，于本PSA之前或同时作出）。交割后，买方应视为已按船舶“现状”接受该船舶。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、其对任何特定用途的适用性或适销性作出任何陈述，且上述一切均予否认。\n\n案号 22-50073 文件 1930-13 提交日期 06/22/23 录入日期 06/22/23 18:40:24 第 20 页，共 29 页 案号 22-50073 文件 1968 提交日期 06/30/23 录入日期 06/30/23 15:37:05 第 83 页，共 238 页\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，其拥有足够的现金和／或可用融资，以于交割时支付购买价款。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，经纪人未就买方获得融资的能力、买方就船舶取得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办理文件或登记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），效力如同签名均载于同一文书之上。\n\n13. 约束效力；同时期合同；未来出售。本PSA对所有双方当事人、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，卖方不得出售船舶或订立任何出售船舶的合同。如未按照本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如本PSA拟议交易完成交割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) 在资金结清并存入卖方账户之前，卖方不对保证金负责；(b) 资金结清后，卖方应以托管方式持有保证金，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) 卖方应根据本PSA，在向卖方释放保证金之前支付应付给经纪人的佣金；及 (d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方应就与该争议以任何方式相关的律师费和费用向经纪人作出赔偿，包括任何上诉中发生的费用（该义务由托管资金上的留置权担保）以及与佣金索赔相关的费用，但破产法院作出的终局且不可上诉的判决认定某经纪人故意不当行为或存在重大过失的除外。\n\n15. 附加条款。见随附的附录。\n\n案号 22-50073 文件 1930-13 提交日期 06/22/23 录入日期 06/22/23 18:40:24 第 21 页，共 29 页 案号 22-50073 文件 1968 提交日期 06/30/23 录入日期 06/30/23 15:37:05 第 84 页，共 238 页\n\n16. 其他。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，并取代此前及同时期与之有关的所有谈判、协议、陈述、保证和谅解，无论其为书面、口头或其他形式。如经纪人成为涉及本PSA的任何诉讼的一方，除非破产法院作出的终局且不可上诉的判决认定该经纪人故意不当行为或存在重大过失，否则经纪人应由被认定违反本PSA的一方或多方偿还其在审前、审判及上诉各阶段发生的合理费用和律师费。如双方当事人之间因本PSA标的事项发生任何争议，胜诉方（包括经纪人）有权获得全部审前、审判和上诉程序中的合理开支、律师费和费用，除非破产法院作出的终局且不可上诉的判决认定该胜诉方故意不当行为或存在重大过失。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，应尽可能解释为实现本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、条件和规定均应视为有效且可执行。除本协议所载者外，不存在任何其他明示、默示或其他形式的义务、责任、负债或保证。除非经买方和卖方书面签署，本PSA不得修订或修改。由代表任何一方的律师或经纪人作出或向其作出的通知和交付，与由该方作出或向该方作出的通知和交付具有同等效力。所有通知均须以书面形式作出，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产生的任何索赔或权利，除非以书面形式作出；任何放弃亦仅适用于作出该放弃的特定情形。段落标题仅供参考并为便利而设。\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，放弃就因本PSA产生的、无论针对彼此或任何经纪人的索赔进行陪审团审判的权利。\n\n案号 22-50073 文件 1930-13 提交日期 06/22/23 录入日期 06/22/23 18:40:24 第 22 页，共 29 页 案号 22-50073 文件 1968 提交日期 06/30/23 录入日期 06/30/23 15:37:05 第 85 页，共 238 页\n\n附录中的独立条款：\n英文＞＞＞\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的一方。因此，买方不得以任何理由向卢克·A·德斯平斯先生的个人身份或Paul Hastings LLP（普衡律师事务所）提出任何索赔。\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”），正在该法院审理中。\n\n3．尽管PSA中有任何相反规定，破产法院对与PSA有关或因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接受破产法院的专属管辖权，放弃其目前或今后可能就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。为免疑义，现删除PSA第17条中关于仲裁任何涉及PSA的争议的所有规定。\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，不考虑其法律冲突原则。\n\nPSA的一致版本\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、所有权和权益，但须遵守本《购买与出售协议》（“PSA”）所载的条款和条件。本PSA中使用的大写术语，除非本协议另有定义，均指上表中的相应术语。本PSA的“生效日”是双方均已签署本PSA之日。“船舶”还包括截至本协议日期位于船上和／或载于船舶挂牌说明书中的所有属具、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除外清单所列项目：（a）生效日后五日；或（b）接受／拒绝日期。不存在除外清单。为免疑义，Lady May II（“Lady May II”号）不包括在本次出售中。买方如依本PSA接受船舶，即视为已接受除外清单。本文将挂牌经纪人和销售经纪人统称为“经纪人”。不存在折价置换。如任一方未能在要约到期日当日或之前签署本PSA并将其交付给另一方，本PSA不生效。\n\n案件22-50073 文件1930-13 已提交06/22/23 已录入06/22/23 18:40:24 第23页，共29页 案件22-50073 文件1968 已提交06/30/23 已录入06/30/23 15:37:05 第86页，共238页\n\n2．定金。于[\\_\\_\\_\\_]，2023年，买方已将定金支付至卖方账户，具体如下文确认，作为购价的定金，并应根据本PSA的条款以托管方式持有。在定金已结算并存入卖方的托管账户之前，卖方可以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；接受船舶；检验条件。买方购买船舶的义务，取决于买方自行决定是否对船舶的试航及检验感到满意，但买方可以选择不对船舶进行检查；但如进行检查，买方仅可在检验师（应为日常业务为检验与该船舶质量和价值相当的船舶的合资格船舶检验师）以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，或使船舶不具适航性时，拒绝接受船舶。为免疑义，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检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检验师；（c）卖方应提供船舶，且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）卖方应支付试航的所有运行费用并承担与试航有关的风险，买方应支付检验的全部费用，包括相关费用，例如吊船、干船坞和分包商费用；（e）买方及其检验师应全权负责确定检验和试航的范围，以评估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交付书面的船舶拒绝或接受通知。无论买方是否检查船舶，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，在交割（定义见第4款）之前，除为将船舶移至交付地点外，卖方不得使用船舶。如买方拒绝或被视为拒绝接受船舶，在代表买方发生的一切费用均已支付后，且卖方遵守本PSA并未以其他方式违反本PSA的情况下，（i）卖方应向买方退还定金；（ii）本PSA终止；以及（iii）各方及经纪人免除其项下的任何进一步责任。经纪人不负责修正试航和检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解除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办理。卖方应在交付地点向买方交付船舶（定义见第1款），但试航期间消耗的燃料以及驶往交付地点期间消耗的燃料除外。卖方必须在交割日当日或之前向销售经纪人交付将船舶所有权（以及根据本协议须交付的所有其他项目）转移给买方所需的全部文件。\n\n案件22-50073 文件1930-13 已提交06/22/23 已录入06/22/23 18:40:24 第24页，共29页 案件22-50073 文件1968 已提交06/30/23 已录入06/30/23 15:37:05 第87页，共238页\n\n在交割时，买方应向卖方（受第6款约束）和／或销售经纪人支付余额以供转付；定金应通过电汇方式解除给卖方，但须扣除紧接下一句所述的款项。卖方应付给（i）经纪人的佣金、储存费、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（须经破产法院批准），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根据本协议条款，从定金中向经纪人支付佣金。定金应在解除给卖方之前支付给经纪人。为免疑义，破产法院批准向买方出售船舶的命令应规定，该船舶是在不存在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订立本PSA的唯一经纪人。如挂牌经纪人和销售经纪人为同一经纪公司，各方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，并且经纪人可向双方披露其知悉的、对船舶价值或吸引力有重大影响的事实；但在此情况下，（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，或未经买方同意，不得向卖方披露买方愿意支付高于报价的价格；以及（b）经纪人对买方不就出售船舶承担任何义务。如挂牌经纪人和销售经纪人不同，挂牌经纪人仅代表卖方，且不对买方承担任何信义义务或其他义务；销售经纪人仅代表买方，且不对卖方承担任何信义义务或其他义务（但其报酬由卖方支付）。经纪人仅有义务履行本协议明确规定的职责，不得将任何默示职责或义务解释为本PSA的一部分。卖方应全权负责按本协议规定支付与出售船舶有关的应付经纪人佣金。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，未聘用或与任何其他经纪人、代理人或居间人交易，并确认经纪人是本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，不附带任何债务、索赔、海事或普通法留置权、担保权益、权利负担、消费税，以及应付任何州、国家、任何种类的监管和／或税务机关的任何其他适用税项、关税或税则（统称“权利负担”）。交割前不少于两（2）个营业日，卖方应向买方交付：（a）令买方满意的所有权证明；（b）已支付或解除所有权利负担的证明（将在交割时全额支付的权利负担除外）；（c）卖方就本第6款中卖方的陈述和保证所作的保证及赔偿；（d）如卖方为法人实体，其受益所有人就本第6款中卖方的陈述和保证所作的个人保证及赔偿，该证明可以是破产法院作出的批准出售船舶的命令（该命令应规定船舶在不存在任何权利负担的情况下出售给买方）；以及（e）将良好且可转让的所有权转移给买方所需的任何其他文件副本。卖方应支付与取得任何所需出售授权有关的任何费用，并应充分配合取得任何所需出售授权。\n\n管辖法律。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的法律处于良好存续状态的证明；(ii) 证明该实体已获正式授权作出购买或出售该船舶决定的同意行动或决议，以及证明交付或接收该船舶和/或签署本PSA和/或买卖文件的个人具有相应授权的文件；(iii) 证明交付或接收该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. 灭失风险；不可抗力。卖方应在交割前承担该船舶灭失或损坏的风险。如该船舶在买方验收后受损，且必要修理费用低于购买价的百分之五（5%），并可在30日以内完成，则：(a) 卖方可自行选择，在交割前按照良好航海惯例，将损坏修复至该船舶受损前的标准，且买方可检查该等修理；在此情况下，(b) 买方应支付余额并接收经修理后的该船舶；以及 (c) 交割日期应按修理期间的长度予以延长。如该船舶在买方验收后受到更严重的损坏，或卖方未行使前述句子中的选择权，任何一方均可终止本PSA，其后果与买方拒绝接收该船舶时相同。任何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、暴乱、战争行为、火灾、通信线路故障、计算机病毒、电力故障、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中提及的期限，包括但不限于交割日期，应视为按使受影响一方得以依照本PSA履行所需的时间予以延长；但如不可抗力事件导致交割日期延迟超过30日，任何一方均可终止本PSA，其后果与买方拒绝接收该船舶时相同。\n\n8. 违约。尽管本协议有任何相反规定，如保证金未在到期时支付，或因买方未履行义务而未完成交割，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) 保证金应由卖方和经纪人保留（或如保证金未支付，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，并作为双方之间一切索赔的完全解决；(ii) 出售经纪人应向买方返还从买方收到的任何其他款项；以及 (iii) 双方应免除本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该船舶产生的任何未付成本或费用，然后百分之五十（50%）分配给卖方，百分之五十（50%）分配给经纪人；经纪人应按如已完成出售时佣金本应分配的相同比例进行分配；但如在破产法院（Bankruptcy Court）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；如该船舶随后与另一买方完成出售，该款项应抵扣并减少挂牌经纪人可能赚取的任何佣金（依照其与卖方签订的聘用函）。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），\n\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 26 页，共 29 页 案件 22-50073 文件 1968 提交日期 06/30/23 登记日期 06/30/23 15:37:05 第 89 页，共 238 页\n\n买方根据本PSA支付或存入的保证金及任何其他款项，应按要求返还给买方，或买方有权要求强制履行。卖方同意，鉴于该船舶的独特性、损失难以证明，以及以其他方式获得充分救济的不便或不可能性，强制履行属合理救济。在卖方违约时。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已完成交割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，本PSA应视为终止，其后果与买方拒绝接收该船舶时相同。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) 买方依照本PSA拒绝接收该船舶），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，买方应于该检验报告成本支付后立即向卖方提供完整的检验报告。\n\n9. 销售税和使用税。买方购买该船舶应付的销售税或使用税（如适用）由买方负责，买方应在交割时向出售经纪人/受托人支付到期税款。买方特此就应由买方负责的任何销售税或使用税，对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该船舶提供的任何信息均属良好且正确，并善意提供该等信息，但不作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) 已对该船舶进行全面检查并进行了试航（或已自愿放弃该等权利），且 (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（无论口头或书面，且无论在本PSA之前或与本PSA同时作出）。交割后，买方应视为已按该船舶“现状”接受该船舶。卖方和经纪人未作出任何明示或默示保证，亦未就该船舶的状况、其对任何特定用途的适用性或适销性作出任何陈述，所有该等保证和陈述均予以否认。\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，其有足够的现金和/或融资可用于在交割时支付购买价。买方亦陈述并保证，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，经纪人未就买方获得融资的能力、买方取得该船舶任何类型抵押贷款的资格，或买方在任何司法管辖区证明或登记该船舶的能力作出任何陈述或保证。\n\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 27 页，共 29 页 案件 22-50073 文件 1968 提交日期 06/30/23 登记日期 06/30/23 15:37:05 第 90 页，共 238 页\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），如同签名均载于同一文书之上。\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。在本PSA有效期间，卖方不得出售该船舶或订立任何出售该船舶的合同。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，无论直接或通过由一方拥有或控制的实体，就出售该船舶相互订立合同，卖方同意向经纪人支付如本PSA所设想的交易已完成交割时经纪人本应收到的同等佣金。\n\n14. 托管资金。双方确认：(a) 在资金已结算并存入出售经纪人/卖方账户之前，出售经纪人/卖方不对保证金负责；(b) 资金结算后，出售经纪人/卖方应以托管方式持有保证金，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) 出售经纪人可保留/卖方应依照本PSA，在向卖方支付保证金或余额前支付应付经纪人的佣金；以及 (d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方应就以任何方式与该争议有关的律师费和成本（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，对经纪人作出赔偿；但经破产法院最终、不可上诉的判决认定故意不当行为或重大过失的经纪人除外。\n\n15. 附加条款。______________________________见本协议所附附录。\n\n16. 其他事项。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，并取代双方此前及同时进行的、与该事项有关的一切谈判、协议、陈述、保证及谅解，无论其为书面、口头或其他形式。如任何经纪人因涉及本 PSA 的任何诉讼而成为当事人，则除非该经纪人经破产法院作出的终局且不可上诉的判决认定曾有故意不当行为或存在重大过失，否则应由被认定违反本 PSA 的一方或多方，在审前、审理及上诉各阶段赔偿该经纪人的合理费用及律师费。如本协议双方之间发生任何因本 PSA 标的事项而引起的争议，胜诉方（包括经纪人）应有权获得其在全部审前、审理及上诉程序中的合理支出、律师费及费用，但如该胜诉方经破产法院作出的终局且不可上诉的判决认定曾有故意不当行为或存在重大过失，则不在此限。如本 PSA 的任何条款、条件或规定因任何理由被认定为不可执行，则应在可能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 的其他所有条款、条件和规定均应视为有效且可执行。除本协议规定者外，不存在任何其他明示、默示或其他形式的义务、责任、负债或保证。本 PSA 仅可经买方和卖方签署的书面文件予以修订或修改。由代表任何一方的律师或经纪人作出或向其作出的通知和交付，应与由该方作出或向该方作出通知和交付具有同等效力。\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 28 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 91 of 238\n\n向该方作出或由该方作出的通知和交付具有同等效力。所有通知均须以书面形式作出，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，并应于交付时生效，且应保留交付证明。买方可将本 PSA 转让给买方的任何直系亲属，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，未经另一方同意，任何一方均不得转让本 PSA；该同意不得被无理拒绝。未经书面作出，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；任何放弃亦仅适用于其作出时所针对的特定情形。段落标题仅供参考和便利之用。\n\n17. 准据法和争议解决。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将以下列方式解决：(a) [\\_\\_] 在位于 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 州的法院解决（如留空，则为 Florida（佛罗里达州））；(b) [\\_\\_] 通过在 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 州进行的具有约束力的仲裁解决（如留空，则为 Florida（佛罗里达州））；(c) [\\_\\_] 通过在 England（英格兰）London（伦敦）进行的具有约束力的仲裁解决。如选择 (a) 或 (b)：(i) 本协议应受 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 州法律管辖并依其解释（如留空，则为 Florida（佛罗里达州）），不论其法律冲突原则为何；及 (ii) 程序应在卖方经纪人主要办事处所在地的县进行；如卖方经纪人在 Florida（佛罗里达州）没有办事处，则在 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 进行（如未指明其他城市，则为 Fort Lauderdale, Florida（佛罗里达州劳德代尔堡））。如选择 (b)，除非适用以下规则：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_，否则应适用仲裁开始时有效的 American Arbitration Association（美国仲裁协会，以下简称“AAA”）《商业仲裁规则》。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，以下简称“IYBA”）维护的仲裁员名单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，双方应各指定一名仲裁员，该两名仲裁员应共同指定第三名仲裁员。如其在 14 日内无法就第三名仲裁员达成一致，任一方均可要求 IYBA 从其维护的仲裁员名单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，其中任何两名仲裁员的决定，对双方均为终局并具有约束力。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仲裁。如选择 (c)：(i) 本协议应受 English law（英格兰法）管辖并依其解释，不论其法律冲突原则为何；(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，应依据 Arbitration Act 1996（1996年仲裁法）或其任何法定修改或重新制定版本提交 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，以下简称“LMAA”）规则进行；(iv) 如争议金额（包括反请求）低于 USD\\$100,000，则适用其小额索赔程序；如等于或高于 USD\\$100,000 且低于 USD\\$400,000，则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，放弃其现时或日后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，\nCase 22-50073 Doc 1930-13 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 29 of 29 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 92 of 238\n\n在有机会寻求法律顾问后，放弃就根据本协议 PSA 产生的请求享有陪审团审判的权利，无论该等请求系针对彼此还是针对任何经纪人。\n\n附件 14\n\n案号 \\_\\_\\_\\_\\_\\_\\_\\_ \\_\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵） 受托人之 14 2023年6月27日 全部准许 R. Senteio\n\n附件 \\_\\_\\_\\_\\_ \\_\n\n副书记员\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_ 证据\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n目录\n\n本文件严格属于私人、机密文件，仅供其收件人使用，不得全部或部分复制、分发或再制作，亦不得转交任何第三方。\n\n1. 引言1\n\n2. Lady May（Lady May号游艇）2023年营销活动　2\nCase 22-50073 Doc 1930-14 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 95 of\n\n本报告向您概述自 Lady May（Lady May号游艇）于 2023 年与 Edmiston（埃德米斯顿）合作推出以来，为推广该游艇所开展的营销活动。\n\n在游艇行业经历了前所未有的两年后，2023 年的销售市场显示，2021 年至 2022 年间的销售繁荣已开始降温。尽管高价值、具有优良血统的游艇需求依然强劲，我们发现 2023 年第一季度的销售与 2018 年和 2019 年的销售存在相似之处。这是经纪市场重新平衡的一个强有力指标。\n\n尽管销售市场一直保持活跃，经纪行业仍受高峰和低谷影响，而影响因素多种多样，从经济因素到地缘政治因素不等。归根结底，销售的关键驱动因素是价格、状况和地点，并辅以巧妙的营销。\n\n我们将持续开展 Lady May 的销售营销活动，并积极在市场中寻找潜在买家，包括在我们自身网络内以及通过行业内同事经纪人开展寻找，并将随时向您充分更新情况。\n\n谨致问候\n\nDirk Johnson（德克·约翰逊）\n1. 引言\n2. Lady May（Lady May号游艇）2023年营销活动\n数字营销 直接客户电子邮件营销\n市场概览\n\n*截至目前，Lady May 于 2023 年曾一次在《市场概览》月度邮件中展示。该邮件发送给 10,000 名客户及潜在客户。其中包括一小部分享有特别优惠、临近可用日期、新行程或类似信息的经纪 CA。*\n数字广告\n\n*Edmiston.com 在搜索引擎中的排名在竞争对手中较高，是推广 Lady May 的有效工具，其每月网站流量平均为 30,000。*\n网页\n\n*Lady May 在 Edmiston.com 域名下设有专属网页，包含大幅图片、编辑多媒体选项及功能。2023 年总页面浏览量：399*\n\n直接客户及企业对企业营销\n数字营销\n\n企业对企业电子邮件营销\nLady May - 待售的新 CA\n\n48.54% 464 1,857 打开率 独立打开次数 总打开次数\n\n为使 Lady May 与我们的行业经纪人网络建立联系，我们开展以下工作：\nEdmiston（埃德米斯顿）电子邮件营销\n单艘及多艘游艇邮件\n\n此类邮件根据新中央代理游艇、销售更新、地点更新、降价及游艇活动等情况不定期发送。\n\n自 LADY MAY 于 2023 年 4 月推出以来，已在以下邮件中展示。示例如下：\n\n－ [Lady May New CA for sale]（28/04/2023）\n－ [Lady May Now in Newport, RI]（18/05/2023）\n－ [Lady May Now enrolled in the FTZ in Newport, RI]（24/05/2023）\n月度更新\n\n该数字邮件每月发送，展示我们全部待售游艇船队，并包括当月相关更新。\n\n自 LADY MAY 于 2023 年 4 月推出以来，曾在一期《月度更新》中展示，最新一期可在[此处]查阅。\nYacht World（游艇世界）及 Yatco（Yatco）\n\nLADY MAY 被列入 [Yatco] 和 [Yacht World]，该等平台是为游艇行业集中经纪游艇信息的在线企业对企业搜索设施。\n\n列示收件人\n数字营销\n\n企业对企业电子邮件营销\n\n45.33% 437 1,038 打开率 独立打开次数 总打开次数\n\n列示收件人\n社交媒体营销\n\n*作为我们社交媒体战略的一部分，Lady May 在我们的多渠道社交网络中获得宣传。每个平台均提供不同服务，并为各平台制作特定内容。*\n\nInstagram（照片墙）－81.7K 名关注者\n\nFacebook（脸书）－8.7K 名关注者\n\nLinkedIn（领英）－11.2K 名订阅者\n\nYouTube（优兔）－1.3K 名关注者\n我们很高兴欢迎此前的 World Superyacht Award（世界超级游艇奖）获奖者 Lady May 加入我们的待售船队\n\n*29/04/2023*\n我们很高兴欢迎此前的 World Superyacht Award（世界超级游艇奖）获奖者 Lady May 加入我们的待售船队 *29/04/2023*\n\nLinkedIn（领英）　帖子展示次数 3,042 互动次数 638 互动率 21%\n\nLady May（Lady May号游艇）2023年营销活动　7\n广告\n在线广告\n\nBoatinternational.com 及 Superyachttimes.com 在线刊登\n\n*作为 Edmiston 对 Lady May 所作承诺的一部分，该游艇已在 [Boat International] 和 [Superyacht Times] 的经纪挂牌页面展示，从而扩大了对潜在买家的覆盖范围。*\n\nLady May 曾在以下数字和印刷出版物中展示：\nBoat International US（美国《国际游艇》）\n\n6月刊－半页\n\n7月刊－半页\n直升机场\n\n作为 London Heliport（伦敦直升机场）的冠名赞助商，我们利用该平台进行战略性广告宣传。LADY MAY 出现在于各处投放的品牌宣传材料中。\nFBO 航站楼\n\nLADY MAY 全年出现在投放于 East Hamptons（东汉普顿）和 Cabo St Lucas（圣卢卡斯角）私人航空航站楼的品牌宣传材料中。\nFarnborough Airport（范堡罗机场）\n\nEdmiston 已与欧洲领先的私人喷气机机场 Farnborough（范堡罗）合作，为经由该机场出行的宾客提供完全沉浸式体验。\n\n我们利用本平台，通过精选营销材料开展全方位的战略性广告宣传。LADY MAY（“女士五月号”）在部署于各处的品牌宣传材料中亮相。\n\n广告宣传\n\nEdmiston（埃德米斯顿）出版物\n\n定制游艇资料\n\n作为针对 LADY MAY 的营销活动的一部分，我们制作带品牌和白标的电子宣传材料，并可在需要时提供印刷选项，以向潜在买家推广该游艇。\n\n案件 22-50073 文档 1930-14 提交于 06/22/23 录入于 06/22/23 18:40:24 第 13 页 案件 22-50073 文档 1968 提交于 06/30/23 录入于 06/30/23 15:37:05 第 105 页，共\n\n公关与编辑报道\n\nEdmiston 代理出售的 46 米 Feadship（斐帝星）机动游艇 Lady May\n\n[Boat International Online] 04/05/2023\n\n请点击 URL 查看该专题内容\n\nLady May 2014 151' 8\" Feadship Motor Yacht\n\n[Yatco.com] 03/05/2023\n\n统计数据说明\n\n行业基准比较\n\n为使您了解贵游艇的数字活动表现，我们已对 2022 年最具可比性的行业平均水平进行了基准比较。\n\n电子邮件营销　社交媒体营销\n\n行业基准　点击率　打开率\n\n广告与营销　2.04%　17.38%\n\n零售　2.25%　18.39%\n\n媒体　4.62%　22.15%\n\n房地产与设计　1.77%　19.17%\n\n旅游　2.25%　20.44%\n\n平均值（所有服务）　2.58%　19.51%\n\n行业基准　平均互动率\n\n意见领袖／公众人物　5.77%\n\n媒体　5.55%\n\n旅游　4.94%\n\n消费品牌　4.39%\n\n食品与饮料　4.13%\n\n购物与零售　2.80%\n\n电子邮件营销统计数据由 Mail Chimp 提供，更新于 17/06/2022。社交媒体统计数据由 Sprout Social 提供，更新于 17/06/2022。\n\n点击率（CTR）\n\n点击率是点击特定链接的用户数与查看某一页面、电子邮件或广告的用户总数之比。\n\n打开率\n\n该数字显示您的受众中有多少百分比打开了您发送给他们的电子邮件。\n\n伦敦\n\nLombard Wharf, 12 Lombard Road, London, SW11 3GN, UK\n\n蒙特卡洛\n\n27 Boulevard Albert 1er, Monaco, MC 98000\n\n纽约\n\n1325 Avenue of the Americas, 27th Floor, New York, NY 10019, USA\n\n迈阿密\n\nSuite 500, 1111 Lincoln Rd, Miami Beach, FL 33139, USA.\n\n纽波特\n\nTwo Marina Plaza, Goat Island, Newport, Rhode Island 02840, USA\n\n墨西哥城\n\nAhumada Villalon 36, Lomas Virreyes, Miguel Hidalgo 11000, CDMX, México\n\n圣何塞德尔卡沃\n\nVilla Valentina, Kilómetro 31.5, México 1, Zona Hotelera, 23405 San José del Cabo, B.C.S.\n\nEDMISTON.COM\n\n证物 15\n\n案号 __________ _\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵） 受托人证物 15 2023 年 June 27 日 全部准予接纳 R. Senteio\n\n证物 ______\n\n副书记员\n\n__________ 证据\n\n识别。\n\n诉\n\n日期\n\n日期\n\n由\n\n意向书\n\nFriday 19th May 2023\n\nLuc A Despins（卢克·A·德斯平斯），作为 Ho Wan Kwok 遗产的美国破产法第 11 章受托人。转交 Paul Hastings LLP（保尔·黑斯廷斯律师事务所），200 Park Avenue，New York, New York 10166\n\n敬启者：\n\n购买 46.22m Feadship LADY MAY\n\n代表我方客户（下称“买方”），我们受指示就购买 46.22m Feadship LADY MAY 提出如下要约。本要约受以下条件约束：\n\n1) 购买价格 USD 19,000,000（十九 million United States Dollars）\n\n2) 以买方和卖方最迟于 Wednesday, May 31st 2023 共同签署经双方同意的正式 MoA 为条件。\n\n3) 以适用标准 MYBA 条款为条件。\n\n4) 以令买方满意的海试和船况检验为条件。海试和船况检验应于经双方同意的正式 MoA 签署后 21 日内完成。\n\n5) 以双方同意的、列明属于该游艇的所有船上及岸上物品的清单为条件，但不包括船东和船员的个人物品。\n\n6) 以该游艇在交割时不存在任何债务、海事留置权及产权负担为条件。\n\n7) 交割应于买方接受所要求的船况检验、海试及清单后 7 日内进行。\n\n8) 于签署本意向书后，卖方保证在 Wednesday, May 31st 2023 前将该游艇的独家权利给予买方，并同意在该日期前仅与买方合作以达成正式 MoA。\n\n9) 由其指定的海事律师或经纪人自行酌定。\n\n10) 本意向书及双方均可接受的正式合同应受买卖双方商定的保密条款约束。\n\n11) 本意向书应于 Tuesday, May 23rd 2023, 18h00 EST 自动届满。\n\n12) 本意向书应受英格兰和威尔士法律管辖并依其解释，且因本协议引起、与本协议有关或与本协议相关的任何争议或请求，应提交英格兰法院管辖。\n\n我确认，我方客户为我方所熟知，并符合所有 KYC 及其他相关合规规则。\n\n如能尽快回复本要约，我们将不胜感激。\n\n谨启，\n\n卖方接受：\n\n姓名：\n\n日期：\n\n证物 16\n\n案号 __________ _\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人证物 16 2023 年 June 27 日 全部准予接纳 R. Senteio\n\n证物 ______\n\n副书记员\n\n__________ 证据\n\n识别。\n\n诉\n\n日期\n\n日期\n\n由\n\nBongartz, Alex（亚历克斯·邦加茨）\n\n发件人：\n\n发送时间：\n\n收件人：\n\n抄送：　Tuesday, May 30, 2023 3:43 PM\n\nDespins, Luc A.; daj@edmiston.com; Bongartz, Alex\n\n主题：　[外部] M/Y “LADY MAY” — 正式投标提交\n\n附件：　IYBA_Purchase_and_Sale (Lady May).pdf；Lady May - Addendum to PSA - amendments 30.05.2023.docx；Lady May - Addendum to the PSA - 30.05.23.pdf\n\n重要性：　高\n\n后续跟进标记：　跟进\n\n标记状态：　已完成\n\n--- 外部电子邮件 ---\n\n您不经常收到来自\n\n的电子邮件。了解为何这很重要\n\n尊敬的 Despins 先生及 Bongartz 先生：\n\n定义\n\n“买方”——，或由买方或 UBO 为此角色指定的任何其他实体，但该实体须仍由 UBO 实益拥有。\n\n“UBO”——居住在摩纳哥、作为买方最终实益所有人的人士。\n\n“游艇”——2014 年制造的 44.25 米 Feadship 机动游艇“LADY MAY”（注册号 745195）。\n\n“您”——Luc A. Despins，作为 Ho Wan Kwok 遗产的美国破产法第 11 章受托人，转交 Paul Hastings LLP，200 Park Avenue，New York, New York 10166。\n\n购买提议\n\n我们理解，您是经授权作为美国《破产法》第 11 章受托人接收购买该游艇要约的一方，现致函转达买方购买该游艇提议的条款。\n\n我们注意到，于 25 May 2023，您发送了一份购买和销售协议及其一份附录，构成拟议出售条款的“文件”。本提议还明确受以下条款和条件约束：\n\n1. 买方出价 \\$23,250,000（二十三 million Two Hundred and Fifty Thousand U.S. Dollars），包括任何及所有适用的任何性质的税款或关税，但通常应由买方支付的购买税和使用税除外；\n\n2. 您应提供完整的所有权保证和担保，确认您的出售权力，并将该游艇的良好、完整且无瑕疵的所有权转让给买方，不附带任何及所有性质的请求权、债务或产权负担；\n\n案件 22-50073 文档 1930-16 提交于 06/22/23 录入于 06/22/23 18:40:24 第 3 页，共 25 页 案件 22-50073 文档 1968 提交于 06/30/23 录入于 06/30/23 15:37:05 第 114 页，共 238 页\n\n3. 本要约以遵守所有适用法律和法规为条件并进一步受其约束，包括但不限于由 U.S. Department of Treasury（美国财政部）、Office of Foreign Assets Control（外国资产控制办公室）及任何其他制裁机关实施的制裁法律；\n\n4. 在接受本提议后，买方与您应本着诚信协商该等文件，以就双方可接受的条款达成一致；以及\n\n5. 拟于 30 June 2023 前完成该游艇买卖的交割。\n\n我们希望向您保证，UBO 拥有完成本交易所必需的财务资源。我们进一步确认，本交易的资金将来自 UBO 的个人财富，并且在适当和必要时，我们准备提供有关购买实体资金来源的文件。\n\n为免生疑，本要约在所有方面均受上述条款和条件约束，包括但不限于签署该等文件（或您与买方商定的经修订形式的该等文件）以及遵守监管要求；除非我们在该时间之前已收到对本提议的书面接受，否则本要约应视为于 5 June, 2023 当地 E.S.T. 时间 17:00 届满。\n\n请通过回复电子邮件确认收到本函，并向我们提供您所能提供的有关拟议出售程序的信息。\n\n谨启\n\nINTERNATIONAL YACHT BROKERS ASSOCIATION（国际游艇经纪人协会）\n\n经纪游艇购买和销售协议\n\n买方：　卖方：Luc A. Despins，作为 Ho Wan Kwok 遗产的美国破产法第 11 章受托人\n\n地址：　地址：转交 Paul Hastings LLP, 200 Park Avenue\n\nNew York, New York 10166\n\n国籍：　国籍：U.S.\n\n船舶名称：Lady May　制造商：Feadship\n\n型号：半排水型机动游艇　总长度：44.25m\n\n年份：2014　文件或注册号：745195\n\n船旗：Cayman Is.\n\n船体编号：688　发动机说明：Diesel（Caterpillar）\n\n出售经纪人：　挂牌经纪人：Edmiston & Company Limited（埃德米斯顿有限公司）\n\n重要日期　购买价格\n\n要约日期：　购买价格：\n\n要约届满日期：June 9, 2023\n\n减：定金：[购买价格的 20%]\n\n接受／拒绝日期：June 28, 2023　减：以旧换新抵扣额（见附录）：不适用\n\n交割日期：于 June 30, 2023 或之前　余额：\n\n交付地点：Rhode Island 海岸外的国际水域\n\n注：如船舶将被移至交付地点，必须精确说明。仅列出港口或城市并不足够。\n\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所有权利、所有权及权益，条件和条款以本购买和销售协议（“PSA”）所载为准。本 PSA 中使用的大写术语，除非在本 PSA 中另有定义，均指上表中的相应术语。本 PSA 的“生效日期”是双方签署本 PSA 之日。“船舶”还包括船上和／或截至本协议日期列于船舶挂牌规格中的所有设备、机械、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，但不包括卖方在以下较早日期提供的《除外物品清单》中列明的物品：(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次出售中。若买方接受该船舶，则视为其已接受《除外物品清单》。挂牌经纪人和出售经纪人在本文中统称为“经纪人”。如存在以旧换新抵扣额，该以旧换新交易应受所附《以旧换新船舶附录》管辖。如任一方未能于要约届满日期或之前签署本 PSA 并将其交付另一方，本 PSA 将不生效。\n\n2. 定金。于 ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 出售经纪人的账户，作为依照本 PSA 条款支付的购买价格定金，具体如下方确认。除非该定金已结算并进入出售经纪人的托管账户，否则卖方可拒绝允许买方进行试航、检验及其他检查。\n\n3. 勘验选择权；船舶接受；勘验条件。买方购买船舶的义务，以买方在其全权酌情决定下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：(a) 买方将选择勘验师；(b) 勘验师而非经纪人将是对勘验相关任何错误或遗漏承担唯一责任的一方，尽管经纪人向买方提供了信息并协助买方聘请勘验师；(c) 卖方应提供船舶供使用，买方应尽快进行试航和勘验；(d) 卖方应支付试航的所有运行费用并承担与试航相关的风险，买方应支付勘验的所有费用，包括相关费用，例如吊船费、干船坞费和分包商费用；(e) 买方及其勘验师将对确定试航范围承担唯一责任，以评估船舶是否符合要求；买方应于或在接受/拒绝日期当日之前，向卖方或挂牌经纪人交付书面船舶拒绝接受或接受通知。无论买方未及时发出其接受船舶的书面通知是否将被视为拒绝船舶，在交割（定义见第4款）进行期间，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。(f) 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) 销售经纪人应将定金返还买方；(ii) 本PSA将终止，且经纪人将免除其项下任何进一步责任。经纪人不负责承担纠正试航和勘验期间发现的任何瑕疵或缺陷的费用。\n\n买方签写首字母：\n\n©2020 International Yacht Brokers Association（国际游艇经纪人协会）保留所有权利\\_\n\n卖方签写首字母：\n修订版 3.10.20\n\n本表格仅为International Yacht Brokers Association（国际游艇经纪人协会，IYBA）之专属使用而编制。双方当事人及经纪人特此免除IYBA因使用本表格所产生或与之相关的损害赔偿责任。IYBA明确否认与使用本表格相关的任何及所有保证，包括适销性及特定用途适用性保证。\n\n4. 交割。船舶所有权转让（“交割”）将在交割地点进行，同时支付买方应付的全部款项，并交付将良好且可流通的所有权转让给买方所必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，或正由托管人持有且该托管仅以将船舶交付至交付地点及向买方解除所有权文件为条件，否则卖方不得将船舶移至交割地点。交割可通过隔夜快递或电子方式办理。卖方应在交付地点将船舶（定义见第1款）交付给买方，但试航期间及前往交付地点航程中消耗的燃料除外。于或在交割日期当日之前，卖方必须向挂牌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）转让给买方所必需的全部文件。交割时，买方应通过电汇向卖方（受第6款约束）及/或向销售经纪人支付余额，以便其转交卖方。卖方欠付(i) 经纪人的佣金、仓储费、维修费及/或其他项目款项，或(ii) 任何其他权利负担持有人的任何款项，将由销售经纪人在向卖方支付款项前予以扣除；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。\n\n5. 经纪人。双方当事人确认，销售经纪人是促成订立本PSA的唯一经纪人。如挂牌经纪人与销售经纪人为同一经纪人，双方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；经纪人应向双方披露其所知对船舶价值或可取性有重大影响的事实；但在任何情况下，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；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。如销售经纪人与挂牌经纪人不同，挂牌经纪人仅代表卖方，且不对买方承担任何义务，无论是信义义务或其他义务；销售经纪人仅代表买方，且不对卖方承担任何义务，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职责，不得将任何默示职责或义务解释为包含于本PSA中。卖方应对依本协议所载与出售船舶有关而应付经纪人的佣金承担唯一支付责任。各方均向另一方陈述并保证，其在向买方出售船舶过程中未雇用或与任何其他经纪人、代理人或居间人交易，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良好且可流通的所有权，不附带任何债务、请求权、普通法留置权、担保权益、权利负担、消费税及应向任何州、国家、任何种类的监管机构支付的任何其他适用税款、关税或税费（统称“权利负担”）。交割前不少于两(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) 已支付或已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）；(c) 卖方就本第6款中卖方陈述和保证提供的保证及赔偿；(d) 如卖方为法人实体，则由卖方受益人提供的个人保证及赔偿，以保证卖方在本第6款中的陈述和保证；以及(e) 向买方转让良好且可流通所有权所需任何其他文件的副本。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。任何一方应于交割前向另一方提供：(i) 证明其在实体设立所在州或其他司法管辖区中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，以及交付或接受本PSA及/或买卖文件之个人权限的同意行动或决议；(iii) 显示交付或接受船舶之个人权限的授权委托书；及(iv) 就卖方而言，其电汇信息。\n\n7. 损失风险；不可抗力。卖方将在交割前承担损失风险。如买方接受船舶后船舶受损，且必要维修费用低于购买价的百分之五(5%)并需少于30日完成，则：(a) 卖方必须在交割前依照良好航海惯例进行维修，使船舶恢复至受损前即时的标准，且买方可检查该等维修；(b) 买方必须支付余额并接收经维修的船舶；及(c) 交割日期将按维修期间延长。如买方接受船舶后船舶受损程度更大，任一方均可终止本PSA，其后果与买方拒绝船舶时相同。任一方履行义务的责任将因超出该方合理控制范围的不可预见事件（“不可抗力事件”）而中止，包括但不限于恐怖主义行为、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、飓风或其他自然灾害。如发生不可抗力事件，本PS4中所述期限，包括但不限于交割日期，应视为延长受影响一方依本PS4履行义务所必需的时间；但如不可抗力事件使交割日期延迟超过30日，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，包括但不限于未支付余额或未于交割日期前签署完成购买所必需的全部文件：(i) 定金应由卖方及经纪人留存（或如定金未支付，买方应向卖方及经纪人支付同等金额），作为本PSA的对价及约定的违约赔偿金，以全面解决双方当事人之间的全部请求权；(ii) 销售经纪人应返还给买方；及(iii) 双方将免除本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；经纪人应按如交易已完成时佣金本应分配的相同比例进行分配。如因卖方不履行义务而未完成交割，根据本PSA由买方支付或存入的定金及任何其他款项，应于买方要求时返还买方，或买方有权请求实际履行；鉴于船舶的独特性、损失证明的困难以及否则获得充分救济的不便或不可能性，该项实际履行救济属合理。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。\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，买方应于交割时向销售经纪人支付应缴税款。买方特此就其应负责任的任何销售税或使用税向经纪人作出赔偿，并使经纪人免受损害。\n\n10. 陈述和保证。卖方及经纪人相信，其任何一方就船舶提供的任何信息均属良好且正确，并系善意提供该等信息，但不作出且无法作出该等信息准确性的保证。买方保证并陈述，截至交割时，其(A) 已全面检查并试航船舶（或已自愿放弃该等权利），且(B) 未依赖卖方或经纪人提供的任何广告、承诺、描述或确认（无论为口头或书面，且无论在本PSA之前或与本PSA同时作出）。交割时，买方将被视为已按船舶“现状”接受船舶。卖方及经纪人未提供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否认。\n\n11. 融资。买方义务不以获得融资为条件。买方陈述，如有必要，其将安排融资。买方和卖方确认，经纪人未就买方获得融资的能力、买方获得任何类型船舶的资格，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。双方当事人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），犹如签名均在同一份文书上。\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/或受让人均具有约束力。在本 PSA 有效期间，卖方不得出售该船舶或订立出售该船舶的合同。如未按照本 PSA 的条款完成出售，且卖方在本 PSA 终止后两年内，无论直接或通过由一方拥有或控制的实体，就该船舶的出售订立合同，卖方同意向经纪人支付一笔与经纪人如本 PSA 所设想的交易完成时本应获得的佣金相同的金额。\n\n14. 托管资金。各方确认：(a) 在资金结清并进入卖方经纪人账户之前，卖方经纪人不对定金负责；(b) 一旦资金结清，卖方经纪人应将定金以托管形式持有，任何一方经纪人从任何一方收到的资金均应为该方以信托方式持有；(c) 在向卖方支付定金或余额之前，卖方经纪人应使经纪人获得解除；以及 (d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方将就相关律师费和成本（包括在任何上诉中发生的费用和成本，该义务以托管资金上的留置权作为担保）以及与佣金有关的费用和成本，对经纪人予以赔偿，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见附加条款。15. 附加条款。\n\n16. 其他。本 PSA（包括其附件和附表）构成有关本协议标的的完整协议，并取代此前及同时期与此相关的一切陈述、保证及谅解，无论其为书面、口头或其他形式。如经纪人成为涉及本 PSA 的任何诉讼的一方，经纪人应由被认定违反本 PSA 的一方或多方偿付其在所有审前、审判及上诉阶段的成本和律师费。如本协议各方之间发生因本 PSA 引起的任何争议，胜诉方（包括经纪人）有权追偿所有审前、审判及上诉程序中的合理费用、律师费和成本。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，应将其解释为在可能范围内实现本 PSA 的目的，而非使其失效。无论如何，本 PSA 的所有其他条款和条件均应视为有效且可执行。除本协议所载者外，不存在任何其他明示、默示或其他义务或责任。本 PSA 不得修改或变更，除非以书面形式并由买方和卖方签署。由代表任何一方的人向该方发出或交付的通知，以及向代表任何一方的人发出或交付的通知，均与向该方发出或交付具有同等效力。所有通知必须以书面形式作出，并可通过亲自交付、隔夜快递、传真、电子邮件或其他电子方式作出，并应于保留交付记录时生效。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：\nCæse 22-50073\n\n买方直系亲属的任何成员，或由买方和/或其直系亲属任何成员拥有或控制的任何实体。除此以外，未经同意，任何一方不得转让本 PSA，且该同意不得被无理拒绝。任何一方不得放弃或解除因本 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具体情形。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)。如未勾选，则适用 (a)。涉及本协议的任何争议应按以下方式解决：(a) __ 在位于 ____________ 州的法院（如留空，则为 Florida（佛罗里达州））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 England（英格兰）London（伦敦）进行的具有约束力的仲裁解决。如选择 (d) 或 (b)：(i) 本协议应受该州法律管辖并依该州法律解释；及 (ii) 程序应在卖方经纪人所在县进行；如卖方经纪人在 Florida（佛罗里达州）没有办事处，则在 ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 进行。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，以下简称“AAA”）规则：______。如争议金额（包括反请求）不超过 USD $1,000,000.00，各方应在提出仲裁后二十 (20) 日内共同从 International Yacht Brokers Association（国际游艇经纪人协会，以下简称“IYBA”）维护的名单中选定一名独任仲裁员。如各方未能就仲裁员达成一致，IYBA 有权指定该独任仲裁员。如争议金额较大，各方应各自指定一名仲裁员，该两名仲裁员应共同指定第三名仲裁员。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 IYBA 维护的名单中指定第三名仲裁员。独任仲裁员的决定，或如为三名仲裁员小组，则其决定，对各方具有约束力。可向任何有管辖权的法院提起诉讼，以执行任何仲裁裁决。如选择 (c)：(i) 本协议应受 English law（英格兰法）管辖并依其解释，不论法律冲突原则为何；(ii) 各方不可撤销地同意，因本协议引起或与本协议有关的任何争议，均应依照 Arbitration Act 1996（1996 年仲裁法）或其任何法定修改或重新制定的版本提交仲裁，但以本段规定为限；(iii) 仲裁应依照仲裁开始时有效的 London Maritime Arbitration（伦敦海事仲裁，以下简称“LMAA”）规则进行；(iv) 如争议金额（包括反请求）低于 USD$100,000，适用其小额索赔程序；如大于或等于 USD$100,000 且低于 USD$400,000，适用其中级索赔程序。无论选择何种选项，各方均不可撤销地接受该法院或仲裁机构的专属管辖，放弃其现在或日后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该程序有关的任何请求。各方在有机会寻求法律顾问后，放弃就根据本协议产生的请求进行陪审团审判的权利，无论该等请求是针对彼此还是针对任何经纪人。\n\n买方：　卖方：\n\n正楷姓名：　正楷姓名：\n职务：　职务：\n日期：　日期：\n卖方经纪人定金确认书（以资金结清为条件）\n正楷姓名：　金额：\n职务：　日期：\n\n买方姓名首字母：\n\n卖方姓名首字母：\n\n©2020 International Yacht Brokers Association（国际游艇经纪人协会）版权所有\n\nRev 3.10.20\n\n本表格仅供 IYBA 专用而编制。各方及经纪人特此免除 IYBA 因使用本表格所造成或与之有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一切保证，包括适销性及特定目的适用性的保证。\nCase 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 8 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 119 of 238\n经纪船舶买卖协议附加条款，于 [-----], 2023 签署，签署双方为：(i) Luc A. Despins（卢克·A·德斯平斯），以 Ho Wan Kwok（郭文贵）遗产第 11 章受托人身份行事；及 (ii) [ ]（以下简称“附加条款”）\n\n本附加条款中使用但未定义的大写术语，具有就 Lady May（梅夫人号）于 [-------], 2023 签署的经纪船舶买卖协议（以下简称“PSA”）中所赋予的含义。为免疑义，对 PSA 的任何提述（无论在本 PSA 还是本附加条款中）均指经本附加条款修改后的 PSA。\n\n1. Luc A. Despins（卢克·A·德斯平斯）仅以 Ho Wan Kwok（郭文贵）遗产第 11 章受托人的身份作为 PSA 当事方，而非以其个人身份。因此，买方不得针对 Luc A. Despins 先生的个人身份或 Paul Hastings LLP（保罗·哈斯廷斯律师事务所）提出任何性质的请求。\n\n2. PSA 及 PSA 中的所有条款均须经 United States Bankruptcy Court for the District of Connecticut（美国康涅狄格州联邦破产法院，以下简称“破产法院”）批准；Ho Wan Kwok（郭文贵）的第 11 章案件，Case No. 22-50073（以下简称“第 11 章案件”），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 引起的任何请求或争议享有专属管辖权；各方及经纪人不可撤销地接受破产法院的专属管辖，放弃其现在或日后可能对审判地或法院便利性提出的任何异议，同意与 PSA 有关的所有请求均应由该法院裁决，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，特此删除 PSA 第 17 条中有关仲裁涉及 PSA 的任何争议的所有规定。\n\n4. 尽管 PSA 中有任何相反规定，PSA 应受 State of New York（纽约州）法律管辖并依其解释，不论其法律冲突原则为何。\n\n5. 作为交割条件，卖方应交付所附“Exhibit A（附件 A）”中列明的各项文件。\n\n5.6. PSA 第 1 条第四句和第五句特此修改如下：\n\n“船舶”还包括截至本 PSA 日期位于船上和/或列入船舶挂牌规格中的所有船具、机械、设备、家具、燃料、消耗品，以及所有已登记或未登记的小艇、玩具、物品和附属物。除卖方或挂牌经纪人于以下较早日期提供的除外清单中列明的物品外，不设除外清单：(a) 生效日期后五日，或 (b) 接受/拒绝日期；该等物品不包含在出售范围内。如买方接受该船舶，买方应视为已接受除外清单。为免疑义，Lady May II（梅夫人二号）不作为根据本 PSA 出售该船舶的一部分。\n\n6.7. PSA 第 1 条第八句特此修改如下：\n\n如根据本 PSA 出售该船舶涉及以旧换新补贴，则以旧换新的条件应受所附 Trade In Vessel Addendum（以旧换新船舶附加条款）管辖。\n\n7.8. PSA 第 2 条特此修改如下：\n\n在卖方签署本 PSA 后 _____ 个营业日内（如留空，则为 3 个营业日），于 [-----], 2023，买方已向卖方经纪人的账户支付定金，具体如下方确认，作为购价的定金，并应依本 PSA 条款以托管方式持有。在定金结清进入卖方经纪人的托管账户之前，卖方可拒绝允许买方继续进行该船舶的试航、检验及其他检查。\n\n8.9. PSA 第 3 条特此修改如下：\n\n3.1 买方购买该船舶的义务以买方自行全权酌情决定是否满意该船舶的试航和检验为条件（但买方可选择不对该船舶进行检验）；但前提是，买方仅可在下列任一情形下拒绝接受该船舶：(i) 无论基于何种理由，并由买方自行全权酌情决定，但买方须在试航完成后24小时内向卖方送达其拒绝决定的书面通知；或(ii) 检验师（应为日常业务从事与该船舶质量和价值相近船舶检验的适格船舶检验师）书面证明其发现影响该船舶、其机械设备或其系统运行完整性的缺陷，或使该船舶不适航的缺陷。\n\n为免生疑，买方不得基于任何其他理由拒绝接受该船舶。3.2 如买方决定进行试航和检验：(a) 买方将选择检验师；(b) 检验师而非经纪人，将对与检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检验师；(c) 卖方应使该船舶可供使用，买方应在可行情况下尽快完成试航和检验，以使试航在2023年6月11日的接受/拒绝日期之前完成，并使检验最迟于2023年6月17日完成；(d) 卖方应支付试航的所有运营费用并承担与试航有关的风险，\n案件 22-50073 文书 1930-16 提交日期 06/22/23 登记日期 06/22/23 18:40:24 第 10 页，共 25 页 案件 22-50073 文书 1968 提交日期 06/30/23 登记日期 06/30/23 15:37:05 第 121 页，共 238 页\n\n买方应支付检验的所有费用，包括相关费用，例如吊装、干船坞和分包商费用；(e) 买方及其检验师将全权负责确定检验和试航的范围，以评估该船舶是否符合买方的要求；以及(f) 除第3.1(i)节所要求的情形外，买方应在接受/拒绝日期当日或之前向卖方或挂牌经纪人送达拒绝或接受该船舶的书面通知。无论买方是否已检验该船舶，如其未能依照本PSA及时发出拒绝通知，则视为其已接受该船舶。买方接受该船舶后，除将该船舶移至交付地点外，卖方在交割（定义见第4条）前不得使用该船舶。如买方依照本PSA拒绝或被视为拒绝该船舶，且不存在其他违反本PSA的情形，则在支付代表买方产生的所有费用后，(i) 出售经纪人应向买方返还定金，(ii) 本PSA将终止，且(iii) 双方及经纪人将免除本协议项下的任何进一步责任。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需的费用。\n\n9.10. 现将PSA第4节第六句修改如下：\n\n在交割时，买方应向卖方支付余额（受第6条约束），且定金应在扣除紧接下一句所述款项后及/或通过电汇释放给出售经纪人，以便其进一步转交给卖方。卖方应向(i) 经纪人支付的佣金、仓储、保险、维修及/或其他项目的任何款项（须经破产法院批准），或(ii) 任何其他负担持有人支付的任何款项，应由出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本协议条款从定金中向经纪人支付佣金，并在向卖方释放定金前向经纪人支付。为免生疑，破产法院批准将该船舶出售给买方的命令应规定，该船舶在出售时不附带任何负担，任何负担将附着于出售所得款项。\n\n10.11. 现将PSA第5节第二句修改如下：\n\n如挂牌经纪人和出售经纪人为同一家经纪公司，双方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；经纪人可向双方披露其所知悉的、对该船舶价值或可取性有重大影响的事实；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；以及(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。\n案件 22-50073 文书 1930-16 提交日期 06/22/23 登记日期 06/22/23 18:40:24 第 11 页，共 25 页 案件 22-50073 文书 1968 提交日期 06/30/23 登记日期 06/30/23 15:37:05 第 122 页，共 238 页\n\n11.12. 现将PSA第6节第二句修改如下：\n\n交割前不少于两(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) 已支付或解除所有负担的证明（将在交割时全额支付的负担除外），该证明可以是破产法院作出的批准出售该船舶的命令（该命令应规定该船舶出售给买方时不附带任何负担）；(c) 卖方作出的保证和赔偿，保证卖方在本第6条中的陈述和保证；(d) 如卖方为法人实体，则卖方实益所有人作出的个人保证和赔偿，保证卖方在本第6条中的陈述和保证；以及(e) 向买方转让良好且可转让所有权所必需的任何其他文件副本。\n\n12.13. 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，则卖方可选择：(a) 卖方必须在交割前依照良好海事惯例进行修理，使该船舶恢复至紧接受损前的状态，且买方可检验该等修理；在此情形下，(b) 买方必须支付余额并接收经修理后的该船舶；以及(c) 交割日期将按修理期间的长度延长。如该船舶在买方接受后受损程度更大，或卖方未行使前句所述选择权，则任一方均可终止本PSA，其后果与买方拒绝接受该船舶时相同。\n\n13.14. 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) 定金应由卖方和经纪人保留（如定金尚未支付，买方应向其支付同等金额），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) 出售经纪人应向买方返还从买方收到的任何其他款项；以及(iii) 双方将解除本PSA项下的全部义务；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；如随后与不同买方完成该船舶的出售，该金额将计入并减少挂牌经纪人可能赚取的任何佣金（依其与卖方签订的委聘函）。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；经纪人应按假如交易完成时佣金本应分配的相同比例进行分配。如因卖方不履行义务而未完成交割（为免生疑，不包括破产法院拒绝批准本PSA），则依本PSA由买方支付或存入的定金及任何其他款项，应于要求时返还给买方，或者买方有权要求强制履行。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，强制履行属合理。如因卖方不履行义务而未完成交割，卖方违约时，卖方应立即向经纪人支付假如交易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，则本PSA应视为终止，其后果与买方依照本PSA拒绝接受该船舶时相同。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) 买方依照本PSA拒绝接受该船舶），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，买方应在收到该检验报告成本的付款后，立即向卖方提供完整的检验报告。\n\n14.15. 现将PSA第9节第一句修改如下：\n\n买方购买该船舶应缴的销售税或使用税（如适用）由买方负责，买方应在交割时向受托人出售经纪人支付应缴税款。\n\n15.16. 现于PSA第11节第一句后添加下列句子：\n案件 22-50073 文书 1930-16 提交日期 06/22/23 登记日期 06/22/23 18:40:24 第 13 页，共 25 页 案件 22-50073 文书 1968 提交日期 06/30/23 登记日期 06/30/23 15:37:05 第 124 页，共 238 页\n\n买方声明并保证，其拥有足够的现金及/或融资，以在交割时支付购买价。买方还声明并保证，其不与Ho Wan Kwok（郭文贵）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。\n\n16.17. 现将PSA第14节修改如下：\n\n各方确认：(a) 在资金已清算进入卖方销售经纪人账户之前，卖方销售经纪人不对保证金负责；(b) 一旦资金已清算，卖方销售经纪人应以托管方式持有保证金，且任何一名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) 卖方销售经纪人应按照本PSA支付，并可在向卖方解除支付保证金或余额之前，保留应付给经纪人的佣金；以及 (d) 就涉及经纪人所持任何资金的任何争议，买方和卖方应就以任何方式与该争议有关的律师费及费用（包括在任何上诉中发生的费用〔该义务以托管资金上的留置权作担保〕）以及与佣金请求有关的费用，对经纪人作出赔偿，但破产法院作出的终局性、不可上诉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\n17.18. 现将PSA第16条第二句及第三句修改如下：\n\n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，就其在所有审前、审判及上诉阶段产生的合理费用和律师费予以补偿，但破产法院作出的终局性、不可上诉判决认定该经纪人存在故意不当行为或重大过失的除外。如本协议各方之间因本PSA标的事项引起任何争议，胜诉方（包括经纪人）应有权就所有审前、审判及上诉程序追偿合理费用、律师费及成本，但破产法院作出的终局性、不可上诉判决认定该胜诉方存在故意不当行为或重大过失的除外。\n\n18.19. 现将PSA第16条第八句、第九句及第十句修改如下：\n\n所有通知均须以书面形式作出，并可通过专人递送、隔夜快递、传真、发送至本PSA第18条所载电子邮件地址及本协议各方不时另行提供的电子邮件地址的电子邮件，或其他方式作出；通知应在送达时生效，并保留送达证明。\nCase 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 125 of 238\n\n买方可将本PSA转让给买方直系亲属中的任何成员，或由买方及/或其直系亲属中的任何成员拥有或控制的任何实体。除此之外，未经另一方同意，任何一方均不得转让本PSA；该同意不得被无理拒绝。\n\n20. 在PSA中新增第18条如下：\n\n18. 通过电子邮件发送通知\n\n就本PSA的一方向本PSA任何其他方通过电子邮件送达而言，该等电子邮件通知可发送至下列指定电子邮件地址：\n\n买方：\n\n卖方：lucdespins@paulhastings.com\n\n经纪人：\n\n卖方\n\n签署：_______________________________\n\n姓名：Luc A. Despins，作为Ho Wan Kwok（郭文贵）遗产的第11章受托人\n\n日期：\n\n买方\n\n签署：_______________________________\n\n姓名：_______________________________\n\n职务：_______________________________\n\n日期：_______________________________\nCase 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 15 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 126 of 238\n\n“附件A”\n\n文件清单\n\n作为交割的先决条件，卖方必须向买方提交下列文件。除非另有说明，所有文件均须在交割时提交，且必须为原件。经必要涂改的副本或文件草案，必须不迟于交割日之前七（7）天提交给买方律师，以供买方批准。\n\n文件1至15（含）必须酌情证明所有必要检验和/或审计（附有最新批注）均已完成，并且必须有效、处于完整有效期内、不附带限制、条件、备注和/或建议；并且（如适用）应附有任何可取得的补充文件、记录、附件和/或技术档案。\n\n文件16至22（含）必须采用适合买方在其选择的船旗国登记该船舶的形式。\n\n1）船舶登记证书\n\n2）检验证书\n\n3）国际吨位证书\n\n4）巴拿马和苏伊士特别吨位证书\n\n5）国际防止油污证书（IOPP）\n\n6）国际防止生活污水污染证书（ISPP）\n\n7）国际防止空气污染证书\n\n8）国际能效证书\n\n9）发动机国际防止空气污染证书\n\n10）船级证书\n\n11）防污底系统符合证书\n\n12）无线电许可证\n\n13）船舶油污应急计划（SOPEP）（经船级社或船旗国盖章核准）\n\n14）残骸清除证书\n\n15）国际有害物质清单证书\n\n16）以买方为受让人的销售单据（一式两份原件），载明船舶不附带任何债务、请求权、留置权及权利负担，并由卖方正式签署、经公证证明及附加证明书或认证，以确认签字人的身份及其适当授权。\n\n17）由船舶登记机关出具的登记簿摘录，显示船舶不存在已登记的权利负担，且由卖方单独所有；其日期不得早于完成出售之日前三（3）个营业日。\n\n18）由船级社出具的船级确认书，声明船舶已入级且不附带任何条件或建议；其日期不得早于完成出售之日前三（3）个营业日。\nCase 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 16 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 127 of 238\n\n19）由卖方就该船舶聘用的开曼群岛当地代表出具的无异议函。\n\n20）令买方满意的关于船舶在美国税务状况的证明。\n\n21）证明卖方（或其受托人或代表其行事的法定代表人）依法有权按照本协议条款出售船舶的证明。\n\n22）证明卖方已采取一切必要的公司、股东及其他行动，以授权本协议的签署、交付和履行，并经适当公证证明的证明。\n\n在船舶交付和接收时，卖方和买方应签署交付和接收议定书（一式两份原件），证明船舶交付的地点、日期和时间。\nCase 22-50073 റി 385\n\n经纪船舶购买和出售协议补充协议，于2023年[-----]签署，双方为：(i) Luc A. Despins，作为Ho Wan Kwok（郭文贵）遗产的第11章受托人，及 (ii) 1（以下简称“补充协议”）_______________________________________________\n\n本补充协议中使用但未定义的大写术语，具有就Lady May签署于2023年[-------]的《经纪船舶购买和出售协议》（以下简称“PSA”）中规定的含义。为免生疑问，凡提及PSA（无论在本PSA或本补充协议中），均指经本补充协议修改后的PSA。\n\n1. Luc A. Despins仅以Ho Wan Kwok（郭文贵）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，买方不得针对Luc A. Despins先生的个人身份或Paul Hastings LLP（博钦律师事务所）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（美国康涅狄格州联邦破产法院，以下简称“破产法院”）批准；Ho Wan Kwok（郭文贵）的第11章案件，即案号22-50073（以下简称“第11章案件”），正在该法院审理。\n\n3. 尽管PSA中有任何相反规定，破产法院对有关PSA或因PSA引起的任何请求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，放弃其现在或将来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。为免生疑问，现删除PSA第17条中关于对任何涉及PSA的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适用纽约州法律并依其解释，不考虑其法律冲突原则。\n\n5. 作为交割条件，卖方应交付所附“附件A”中列明的每一份文件。\n\n5.6. 现将PSA第1条第四句及第五句修改如下：\n\n“船舶”亦包括截至本PSA日期船上和/或船舶清单规格中所包括的所有船具、机械、设备、家具、燃料、消耗品，以及所有已登记或未登记的小艇、玩具、物品及附属物。不会有除外清单。除卖方或挂牌经纪人于以下较早日期提供的除外清单所列物品外，即（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。若买方接受船舶，则视为其已接受除外清单。为免生疑问，Formatted: Font: (Default) Times New Roman, 12 pt, Bold, Underline\nCase 22-50073 Doc 1930-16 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 18 of 25 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 129 of 238\n\n根据本PSA，Lady May II不包括在船舶出售范围内。\n\n6.7. 现将PSA第1条第八句修改如下：\n\n根据本PSA出售船舶不存在置换折让。如存在与根据本PSA出售船舶有关的置换折让，则置换的条件应受所附《置换船舶补充协议》管辖。\n\n7.8. 现将PSA第2条修改如下：\n\n在卖方签署本PSA后________个营业日内（如留空，则为3个营业日），于2023年[-----]，买方已向卖方销售经纪人账户支付/应支付保证金；如下文确认，该保证金作为购买价款的定金，应依照本PSA条款以托管方式持有。在保证金已清算进入卖方销售经纪人的托管账户之前，卖方可拒绝允许买方继续进行船舶试航、检验及其他检查。\n\n8.9. 现将PSA第3条修改如下：\n\n3.1 买方购买该船舶的义务，以买方自行决定是否对该船舶进行试航和检验并对其结果感到满意为条件（但买方可选择不对该船舶进行检验）；但是，买方仅可在下列情形之一拒绝该船舶：(i) 买方可基于任何理由并自行决定拒绝该船舶，但买方须在试航完成后24小时内向卖方送达其拒绝决定的书面通知；或(ii) 仅在检验师（应为日常业务从事与该船舶质量和价值相当的船舶检验、且具备适当资格的船舶检验师）书面证明其发现影响该船舶、其机器或其系统运行完整性的缺陷，或使该船舶不适航的缺陷时，买方方可拒绝该船舶。为免生疑，买方不得基于任何其他理由拒绝该船舶。\n\n3.2 如买方决定进行试航和检验：(a) 买方将选择检验师，(b) 对于与检验有关的任何错误或遗漏，应由检验师而非经纪商独自负责，尽管经纪商可能已向买方提供信息并协助买方聘请检验师，(c) 卖方应提供该船舶供用，且买方应于11 June 2023完成试航，并应在切实可行的最早时间、但不迟于17 June 2023完成检验，以使检验于接受/拒绝日期之前完成，(d) 卖方应支付试航的一切运营费用并承担与试航有关的风险，买方应支付检验的一切费用，包括相关费用，例如吊船、干船坞及分包商费用，(e) 买方及其检验师将独自负责确定检验和试航的范围，以评估该船舶是否符合买方的要求，以及(f) 除第3.1(i)款要求外，买方应于接受/拒绝日期当日或之前向卖方或挂牌经纪商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及时发出书面拒绝或接受通知，买方将被视为已接受或拒绝该船舶。买方接受该船舶后，除将该船舶移至交付地点外，卖方在交割（定义见第4段）前不得使用该船舶。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，在代表买方发生的一切费用均已支付后，(i) 卖方经纪商应向买方返还定金，(ii) 本PSA将终止，以及(iii) 各方及经纪商将免除本协议项下的任何进一步责任。经纪商不负责纠正试航和检验期间发现的任何缺陷或不足所需的费用。\n\n9.10. PSA第4条第六句现修订如下：\n\n于交割时，买方应向卖方支付余款（受第6段约束），且定金应在扣除紧接下一句所述款项后，向卖方和/或卖方经纪商发放，以便其通过电汇转交卖方。卖方应付给(i) 经纪商的佣金、存储费、保险费、维修费和/或其他项目（须经破产法院批准），或(ii) 任何其他权利负担持有人的任何款项，应由卖方经纪商在向卖方支付资金前从应付卖方的款项中扣除；卖方经纪商特此不可撤销地指示任何定金持有人依照本协议条款，从定金中向经纪商支付佣金，并在向卖方发放定金前向经纪商支付定金。为免生疑，破产法院批准将该船舶出售给买方的命令应规定，该船舶系在不存在任何权利负担的情况下出售，任何权利负担将附着于出售所得款项。\n\n10.11. PSA第5条第二句现修订如下：\n\n如挂牌经纪商和卖方经纪商为同一家经纪公司，各方同意该经纪商在本交易中担任双重代理人，即同时代表买方和卖方，且该经纪商可向双方披露其所知悉的、对该船舶价值或吸引力有重大影响的事实；但是，在该等情形下，(a) 未经卖方同意，经纪商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) 经纪商对买方不负有与出售该船舶有关的义务，或者未经买方同意，不得向卖方披露买方愿意支付高于报价的价格。\n\n案件 22-50073 文件 1930-16 提交于 06/22/23 登记于 06/22/23 18:40:24 第 20 页，共 25 页；案件 22-50073 文件 1968 提交于 06/30/23 登记于 06/30/23 15:37:05 第 131 页，共 238 页\n\n11.12. PSA第6条第二句现修订如下：\n\n交割前不少于两(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) 已支付或解除所有权利负担的证明（但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，该船舶系在不存在任何权利负担的情况下出售给买方），(c) 卖方作出的保证和赔偿，以保证卖方在本第6段中的陈述和保证，(d) 如卖方为法人实体，则卖方实益所有人作出的个人保证和赔偿，以保证卖方在本第6段中的陈述和保证，以及(e) 向买方转让良好且可交易所有权所需的任何其他文件副本。\n\n12.13. PSA第7条第二句和第三句现修订如下：\n\n如该船舶在买方接受后受损，且必要修理费用低于购买价的百分之五(5%)并需少于30日完成，则卖方可选择：(a) 卖方可且必须于交割前按照良好航海惯例进行修理，使该船舶恢复至受损前的标准，且买方可检验该等修理；在此情形下，(b) 买方应且必须支付余款并接收经修理后的该船舶，以及(c) 交割日期将按修理期间相应延长。如该船舶在买方接受后受损程度更严重，或卖方未行使前句所述选择权，任一方均可终止本PSA，其后果与买方拒绝该船舶的后果相同。\n\n13.14. PSA第8条现修订如下：\n\n尽管本协议有任何相反规定，如定金未于到期时支付，或因买方未履行义务而未完成交割，包括但不限于未于交割日期前支付余款或签署完成购买所需的一切文件：(i) 定金应由卖方及经纪商保留（或如定金未支付，买方应向卖方及经纪商支付同等金额），作为因签署本PSA而支付的约定预定损害赔偿金，全面解决各方之间的一切索赔，(ii) 卖方经纪商应向买方返还其自买方收到的任何其他资金，以及(iii) 各方将免除本PSA项下的一切义务；但是，如在破产法院批准本PSA后，因买方未履行义务而未完成交割，卖方应从定金中向挂牌经纪商支付等同于$200,000的金额；如该船舶最终向其他买方出售，该金额应抵扣并减少挂牌经纪商可能获得的任何佣金（依照其与卖方签订的委聘函）。买方和卖方同意，定金应首先用于支付买方或经纪商就该船舶产生的任何未付成本或费用，之后百分之五十(50%)分配给卖方，百分之五十(50%)分配给经纪商；如交易已经完成，经纪商应按照本应分配佣金的相同比例分配该款项。如因卖方未履行义务而未完成交割（为免生疑，不包括破产法院拒绝批准本PSA），定金及买方依照本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，或买方将有权要求实际履行。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。如因卖方未履行义务而未完成交割或卖方违约，卖方应立即向经纪商支付如交易已完成本应支付的同等佣金；但是，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将被视为终止，其后果与买方依照本PSA拒绝该船舶的后果相同。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) 买方依照本PSA拒绝该船舶），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，买方应在收到该检验报告成本的付款后立即向卖方提供完整的检验报告。\n\n14.15. PSA第9条第一句现修订如下：\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，且买方应于交割时向卖方经纪商支付到期税款。\n\n15.16. PSA第11条第一句后新增下列句子：\n\n买方陈述并保证，其拥有足够的现金和/或融资，以于交割时支付购买价。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\n16.17. PSA第14条现修订如下：\n\n各方确认：(a) 在资金结算进入卖方经纪商账户之前，卖方经纪商不对定金负责，(b) 资金结算后，卖方经纪商应以托管方式持有定金，且任一经纪商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) 卖方经纪商应依照本PSA，在向卖方发放或支付定金或余款前保留应付给经纪商的佣金，以及(d) 在涉及经纪商持有的任何资金的任何争议中，买方和卖方将赔偿经纪商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（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；但破产法院最终作出的、不可上诉的判决认定存在故意不当行为或重大过失的经纪商除外。\n\n17-18. 现将购买和销售协议（PSA）第16条的第二句和第三句修改如下：\n\n如任何经纪人因涉及本PSA的任何诉讼而成为当事方，该经纪人应由被认定违反本PSA的一方或多方偿付其在所有审前、审判及上诉阶段产生的合理费用和律师费，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重大过失。如本PSA各方之间就本PSA标的事项发生任何争议，胜诉方（包括经纪人）有权获得所有审前、审判及上诉程序中的合理开支、律师费和费用，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重大过失。\n\n19. 现将PSA第16条的第八句、第九句和第十句修改如下：\n\n所有通知必须以书面形式作出，并可通过专人递送、隔夜快递、传真、发送至本PSA第18条所列电子邮件地址及本协议各方不时另行提供的电子邮件地址的电子邮件，或其他方式作出，并应于送达时生效，且应保留送达证明。买方可将本PSA转让给买方直系亲属中的任何成员，或由买方及/或其直系亲属中的任何成员拥有或控制的任何实体。除此之外，任何一方未经另一方同意不得转让本PSA，且该等同意不得被无理拒绝。\n\n20. 在PSA中新增第18条如下：\n\n18. 通过电子邮件发出通知\n\n为使本PSA的一方向本PSA的任何其他方通过电子邮件送达文件之目的，该等电子邮件通知可发送至下列指定的电子邮件地址：\n\n买方：\n\n卖方：lucdespins@paulhastings.com\n\n经纪人：\n\n卖方\n\n签署人：\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签署人：\n\n姓名：\n\n职务：\n\n日期：\n\n案件 22-50073 文件 1930-16 于 06/22/23 提交 于 06/22/23 18:40:24 录入 第 24 页，共 25 页 案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 录入 第 135 页，共 238 页\n\n“附件A”\n\n文件清单\n\n作为交割的先决条件，卖方必须向买方交付下列文件。除非另有说明，所有文件均须于交割时交付，且必须为正本。经必要处理以示作废的副本或文件草案，必须至迟于交割日七（7）日前提交给买方律师，供买方批准。\n\n第1至第15项文件（包括第1项和第15项）必须视适用情况证明已完成所有必要的检验及/或审核（附有最新批注），并且必须有效、覆盖完整期限、不附带限制、条件、备注及/或建议；并且，视适用情况，应连同任何可用的补充文件、记录、附件及/或技术文件一并提供。\n\n第16至第22项文件（包括第16项和第22项）必须采用适合买方将该船舶登记于其选择的船旗国的形式。\n\n1) 船舶登记证书\n\n2) 检验证书\n\n3) 国际吨位证书\n\n4) 巴拿马及苏伊士特别吨位证书\n\n5) 国际防止油污染证书（IOPP）\n\n6) 国际防止生活污水污染证书（ISPP）\n\n7) 国际防止空气污染证书\n\n8) 国际能效证书\n\n9) 发动机国际防止空气污染证书\n\n10) 船级证书\n\n11) 防污系统符合性证书\n\n12) 无线电执照\n\n13) 船上油污应急计划（SOPEP）（经船级社或船旗国盖章批准）\n\n14) 残骸清除证书\n\n15) 国际有害物质清单证书\n\n16) 以买方为受益人的售船契据（一式两份正本），载明该船舶不附带任何债务、请求权、留置权及负担，由卖方正式签署，并经公证认证及海牙认证或领事认证，以确认签署人的身份及其适当授权。\n\n17) 由船舶登记机关出具的登记簿摘录，显示该船舶不存在已登记的负担，且仅由卖方拥有，日期不得早于完成出售之日前三（3）个营业日。\n\n18) 由船级社出具的船级确认书，载明该船舶具有船级，且不附带任何条件或建议，日期不得早于完成出售之日前三（3）个营业日。\n\n案件 22-50073 文件 1930-16 于 06/22/23 提交 于 06/22/23 18:40:24 录入 第 25 页，共 25 页 案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 录入 第 136 页，共 238 页\n\n19) 卖方就该船舶聘用的开曼群岛当地代表出具的不反对函。\n\n20) 令买方满意的该船舶在美国的税务状况证明。\n\n21) 证明卖方（或其受托人或代表其行事的法定代表人）依法有权按照本协议条款出售该船舶的证明。\n\n22) 证明卖方已采取一切必要的公司、股东及其他行动，以授权本协议的签署、交付和履行，并经适当公证认证的证明。\n\n在交付及接受该船舶时，卖方和买方应签署交付和接受议定书（一式两份正本），以证明该船舶的交付地点、日期和时间。\n\n附件17\n\n案件编号 __________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵）受托人的第17号文件 2023年6月27日 全部准入 R. Senteio\n\n附件 ______\n\n副书记员\n\n__________ 证据\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n\n意向书\n\n日期：May 19, 2023\n\n事由：M/Y Lady May（“五月女士”号机动游艇） COBR # 745195\n\n致有关人士：\n\n根据我对Lady May的检验，我提出购买Lady May的要约，但须符合下列条件：\n\n1) 购买价格为二千万美元（$20,000,000）\n\n2) 如获接受，协议价格10%的定金将在3个营业日内电汇至Edmiston and Company（埃德米斯顿公司）的托管账户（详情将另行提供）\n\n3) 接受要约须经法院批准。\n\n4) 以买方和卖方最迟于May 31, 2023签署双方同意的正式合同为条件。\n\n5) 以令买方满意的海试和状况检验为条件。海试和状况检验应根据第4条，在双方同意的正式合同签署后14日内完成。应在检验完成后7日内接受或拒绝。\n\n6) 以双方同意的、关于属于游艇的所有船上及岸上物品的清单为条件，但不包括船东和船员的个人物品。\n\n7) 交割最迟于June 30, 2023进行。\n\n8) 以游艇在交割时交付且不存在任何债务、海事留置权和负担为条件。\n\n9) 本意向书和双方可接受的正式合同应受买方和卖方商定的保密条款约束。\n\n要约结束。\n\n由卖方接受\n\n附件18\n\n案件编号 __________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵）受托人的第18号文件 2023年6月27日 R. Senteio\n\n附件 ______\n\n副书记员\n\n__________ 证据\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n\nBongartz, Alex（亚历克斯·邦加茨）\n\n发件人：Tuesday, May 30, 2023 4:46 PM\n\n发送至：Despins, Luc A.\n\n收件人：\n\n抄送：Bongartz, Alex\n\n主题：[外部]\n\n附件：20230530164308437.pdf；05-30-2023 Signed Addendum to PSA Lady May.pdf\n\n——外部电子邮件——\n\n您通常不会收到来自以下地址的电子邮件。了解此信息为何重要。\n\n尊敬的Luc：\n\n根据Dirk Johnson（德克·约翰逊）于May 24发出的电子邮件中的指示，随附以贵方格式制作的、关于购买“Lady May”的PSA及附录。\n\n该要约金额为$23,000,000，检验的接受或拒绝日期为June 28, 2023，且交割最迟于July 20, 2023完成。\n\n期待尽早收到您的回复。\n\n谨致问候，\n\n案件 22-50073 文件 1930-18 于 06/22/23 提交 于 06/22/23 18:40:24 录入 第 3 页，共 案件 22-50073 文件 1968 于 06/30/23 提交 于 06/30/23 15:37:05 录入 第 141 页，共\n\nINTERNATIONAL YACHT BROKERS ASSOCIATION（国际游艇经纪人协会）\n\n经纪船舶购买和销售协议\n\n买方：　卖方：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地址：　地址：c/o Paul Hastings LLP（保罗·黑斯廷斯律师事务所）, 200 Park Avenue\nNew York, New York 10166\n\n国籍：　国籍：U.S.\n\n船舶名称：Lady May　制造商：Feadship（斐帝星）\n\n型号：半排水型机动游艇　总长：44.25m\n\n年份：2014　文件或登记编号：745195\n\n船旗：Cayman Is.\n\n船体编号：688　发动机说明：柴油（Caterpillar）\n\n销售经纪人：　挂牌经纪人：Edmiston & Company Limited（埃德米斯顿有限公司）\n\n重要日期　购买价格\n\n要约日期：May 30, 2023　购买价格：$23,000,000.00\n\n要约到期日：June 9, 2023　减：定金：[购买价格的20%] $4,600,000.00\n\n接受/拒绝日期：June 28, 2023　减：以旧换新折让（见附录）：不适用\n\n交割日：不迟于July 20, 2023　余额：\n\n交付地点：Rhode Island（罗得岛）海岸外的国际水域 注：如船舶须驶往交付地点，则必须准确指明该地点。仅列明开放水域或城市不足够。\n\n包括的额外已登记船舶　包括 是 ____ 否\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、所有权和权益，具体条款和条件载于本购买和销售协议（“PSA”）中。除非本协议另有定义，本PSA中使用的大写术语均指上表中的相应术语。“生效日”是本PSA经双方签署之日。“船舶”还包括本协议签订时船上及/或船舶挂牌规格中包括的所有设备、机械、燃料、消耗品，以及所有已登记或未登记的附属艇、玩具、物品和附属设施，但卖方在以下较早日期提供的除外清单中所列物品除外：(a) 生效日后五日；或(b) 接受/拒绝日；该等物品不包括在出售范围内。买方将被视为已接受除外清单。挂牌经纪人和销售经纪人在本协议中统称为“经纪人”。如存在以旧换新折让，该以旧换新将受所附《以旧换新船舶附录》管辖。如任何一方未能于要约到期日签署本PSA并将其交付给另一方，本PSA将不生效。\n\n2. 定金。在＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿内，将款项存入卖方经纪人的账户，作为购买价款的定金，并依照本PSA的条款予以持有。在定金已结清并存入卖方经纪人的托管账户之前，卖方可拒绝允许买方进行试航、检验及其他检查。\n\n3. 检验选择权；船舶接受；买方购买船舶的义务以买方自行全权酌定对船舶试航和检验的满意程度为条件，但买方可选择不对船舶进行检验。(a) 买方应选择检验师，且买方而非经纪人应对检验相关的任何错误或遗漏承担全部责任，尽管经纪人可能已向买方提供信息并协助买方聘请检验师；(c) 卖方应提供船舶供使用，买方应在切实可行的情况下尽快完成试航和检验；(d) 卖方应支付试航费用并承担与试航有关的风险，买方应支付检验的全部费用，包括相关费用，例如吊船、干船坞及分包商收费；(e) 买方及其检验师应全权负责确定试航范围，以评估船舶是否符合本PSA。买方应于接受/拒绝日期当日或之前，向卖方或挂牌经纪人发出书面船舶拒绝或接受通知。无论买方是否已检查船舶，如买方未发出接受通知，即视为其已拒绝船舶。买方接受船舶后，在交割（定义见第4款）前，卖方不得使用船舶，但为将船舶驶往交付地点所必需者除外。如买方拒绝或被视为拒绝船舶，在代买方发生的全部费用均已支付后，(i) 定金应返还给买方；(ii) 本PSA应终止；且(iii) 双方及经纪人应免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检验期间发现的任何缺陷。\n\n买方姓名首字母　卖方姓名首字母：\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。　修订版3.10.20\n\n本表格由International Yacht Brokers Association（国际游艇经纪人协会，IYBA）制作。会员和经纪人特此免除IYBA因使用本表格而产生或与之有关的任何索赔。IYBA明确否认与使用本表格有关的任何及全部保证，包括对特定用途适用性的保证。\n\n4. 交割。船舶所有权的转移（“交割”）应于交割日在交付地点进行，条件是买方支付所有应付款项，并交付将良好且可流通的所有权转让给买方所必需的其他全部文件原件。如船舶必须驶往交付地点，除非款项已全额支付，或已依仅以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，否则卖方无需将船舶驶往交割地点。交割可通过隔夜快递或电子方式协助完成。卖方应在交付地点将船舶（定义见第1款）交付给买方，但试航期间消耗的燃料及驶往交付地点期间的任何航程除外。在交割日当日或之前，卖方必须向挂牌经纪人交付转让船舶所有权所必需的全部文件（以及本协议要求交付给买方的所有其他物品）。交割时，买方应通过电汇向卖方经纪人支付余额，以便其随后转付卖方。卖方应付给经纪人的佣金、仓储费、保险费、维修费及/或其他项目的任何款项，或应付给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支付款项前从卖方所得款项中扣除；卖方特此不可撤销地指示任何定金持有人依本协议条款向经纪人支付定金中的佣金。\n\n5. 经纪人。双方确认，挂牌经纪人和卖方经纪人是促成本PSA的唯一经纪人。如挂牌经纪人和卖方经纪人为同一经纪人，双方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；该经纪人应向双方披露其所知悉的、对船舶价值或可取性有重大影响的事实；但在任何情况下，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，亦未经买方同意，不得向卖方披露买方愿支付高于报价的价格。如卖方经纪人与挂牌经纪人不同，挂牌经纪人仅代表卖方，且对买方不负有任何义务，无论该义务是否为信义义务；卖方经纪人仅代表买方，且对卖方不负有任何义务，无论该义务是否为信义义务（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读为本PSA的一部分。卖方应全权负责支付本协议所规定的、与出售船舶有关的应付经纪人佣金。各方均向另一方声明并保证，其在进行向买方出售船舶时，未雇用或与任何其他经纪人、代理人或中介人进行交易，并确认经纪人为本PSA的第三方受益人。\n\n6. 卖方的声明；交割要求。卖方声明并保证，其将向买方转让船舶良好且可流通的所有权，该所有权不附带任何债务、索赔、留置权、担保权益、权利负担、消费税及任何其他适用税款、关税，或任何州、国家、监管及/或税务机关征收的任何种类税费（统称“权利负担”）。交割前不少于两（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) 已支付或解除全部权利负担的证明（将在交割时解除的权利负担除外）；(c) 卖方就本第6款中的声明和保证作出的保证及赔偿；(d) 如卖方为法人实体，则由卖方实益所有人就本第6款中的保证和承诺作出的个人保证及赔偿；以及(e) 将良好且可流通的所有权转让给买方所必需的任何其他文件副本。卖方应支付并取得，并应全力配合取得任何主管机关的任何授权。作为法人实体的一方应在交割前向另一方提供：(i) 其根据设立所在州或其他司法管辖区的法律处于良好存续状态的证明；(ii) 显示该实体已适当授权作出购买或出售决定，以及交付或接受本PSA和/或购销文件的个人拥有相应权限的同意行动或决议；(iii) 显示交付或接受船舶的个人权限的授权委托书；以及(iv) 如为卖方，其电汇信息。\n\n7. 损失风险；不可抗力。卖方应承担船舶灭失或损坏的风险。如船舶在买方接受后受损，且必要维修费用低于购买价款的百分之五（5%），并且完成维修所需时间少于30日，则：(a) 卖方必须在交割前依照良好海事惯例将损坏修复至船舶受损前的状态，且买方可检查该等维修；(b) 买方必须支付船舶余额并接收经修复的船舶；以及(c) 交割日应按维修期间予以延长。如船舶在买方接受后遭受更大程度的损坏，任一方均可终止本PSA，后果与买方拒绝船舶时相同。在发生不可预见且超出控制范围的事件（“不可抗力事件”）所要求的范围内，各方履行义务应暂停，包括但不限于恐怖主义行为、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、飓风或其他自然灾害。如发生不可抗力事件，本PSA所述期间，包括但不限于接受/拒绝日期和交割日，应按使受影响方得以依本PSA履行义务所需的时间予以延长；但如不可抗力事件使交割日延长超过30日，任一方均可终止本PSA，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，如定金未于到期时支付，或因买方未履行义务而未能完成交易，包括但不限于未能执行完成交易所必需的全部文件，\n\n买方姓名首字母\n\n©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卖方姓名首字母：\n\n第2页，共4页\n\n买方直系亲属的任何成员，或由买方及/或其直系亲属任何成员拥有或控制的任何实体。否则，未经另一方同意，任一方不得转让本PSA；该同意不得被无理拒绝。因本PSA产生的任何索赔或权利，均不得由一方全部或部分放弃或免除，除非以书面形式作出；任何放弃亦仅适用于其作出的特定情形。各款标题仅供参考和便利之用。\n\n17. 准据法和争议解决。勾选（a）、（b）或（c）；如未勾选，则适用（a）。争议应按下列方式解决：（a）在位于＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿州的法院解决；（b）在＿＿＿＿＿＿＿＿＿＿＿＿州通过具有约束力的仲裁解决（如留空，则为Florida；如留空，则仲裁地点为英国伦敦）。如选择（a）或（b）：（i）本协议应根据＿＿＿＿＿＿＿＿州（如留空，则为Florida）的法律管辖并予以解释，不适用其法律冲突原则；以及（ii）程序应在卖方经纪人主要办事处所在县进行，或如卖方经纪人在该地没有办事处，则在（如未注明其他城市，则为Fort Lauderdale, Florida）进行。仲裁开始时有效的American Arbitration Association（美国仲裁协会，“AAA”）Florida《商事仲裁规则》应适用，除非适用以下规则：如争议金额（包括反请求）不超过USD $1,000,000,000,000，双方应在发出仲裁通知后二十（20）日内，从Yacht Brokers Association（游艇经纪人协会，“YBA”）维护的仲裁员名单中共同选定一名仲裁员。如双方无法达成一致，IYBA有权指定该名独任仲裁员。如争议金额超过该数额，双方应各自指定一名仲裁员，该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，任何一方均可请求IYBA从YBA维护的仲裁员名单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小组，则其中任意两名仲裁员的决定，对双方均具有约束力。可向任何有管辖权的法院提起诉讼，以执行任何仲裁裁决。如选择（c）：（i）本协议应根据英国法律管辖并予以解释，不适用法律冲突原则；（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，应依照Arbitration Act 1996及其任何法定修改或重新制定版本提交仲裁，但仅以实现本款规定所必需的范围为限；（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（包括反请求）低于USD$100,000，则适用其《小额索赔程序》；如等于或高于USD$100,000且低于USD$400,000，则选择适用其《中等索赔程序》。双方不可撤销地接受该等法院或仲裁机构的专属管辖，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，并且进一步同意不向任何其他法院或仲裁机构提出与该程序有关的任何请求。双方在已有机会寻求法律顾问意见后，就根据本协议产生的请求，无论为相互之间的请求还是针对任何经纪人的请求，放弃陪审团审判。\n\n卖方：\n\n正楷姓名：　正楷姓名：\n职务：　职务：\n日期：　日期：\n卖方经纪人保证金确认书（以资金结算为条件）\n正楷姓名：　金额：\n职务：　日期：\n\n买方姓名首字母：　卖方姓名首字母：\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。　修订版3,10,20\n\n本表格仅供IYA专用。双方及经纪人特此免除IYA因使用本表格而导致或与之有关的损害所承担的一切责任。IYBA明确否认与本表格有关的任何适销性及特定目的适用性保证。\n\n如买方未在交割日之前完成购买：（i）保证金应由卖方（或如保证金尚未支付，则买方应支付同等金额）及经纪人作为约定的清算损害赔偿金予以保留，作为签署本PSA的对价，并作为双方之间的完全和解；（ii）卖方经纪人应向买方返还其从买方收取的任何其他资金；及（iii）双方应解除其根据本PSA承担的全部义务。买方和卖方同意，保证金应首先用于支付买方或经纪人就该游艇产生的任何未付成本或费用，之后按百分之五十（50%）归卖方、百分之五十（50%）归经纪人的比例分配；经纪人应按如交易已完成时佣金本应分配的同一比例进行分配。如因卖方不履行义务而未完成交割，保证金及买方根据本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，或买方有权请求实际履行。卖方同意，鉴于该游艇的独特性、损失证明的困难，以及以其他方式获得适当救济的不便或不可能性，实际履行是合理的。在卖方违约时，卖方应向经纪人支付如交易已完成本应支付的同等佣金。\n\n9. 销售税和使用税。如适用，买方购买该游艇应缴纳的销售税或使用税由买方负责，买方应于交割时向卖方经纪人支付应缴税款。买方特此就其负责的任何销售税或使用税向卖方及经纪人作出赔偿并使其免受损害。\n\n10. 陈述与保证。卖方及经纪人相信，其任何一方就该游艇提供的任何信息均真实、正确，并且系出于善意提供该等信息，但不保证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：（a）其将已对该游艇进行全面检查并完成试航（或已自愿放弃该等权利）；且（b）其并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（无论口头或书面、在本PSA之前或与本PSA同时作出）。交割后，买方应被视为已按该游艇“现状”条件接受该游艇。卖方及经纪人未作出任何明示或默示保证，亦未就该游艇的状况、其适用于任何特定目的的适用性或适销性作出任何陈述，且上述一切均予否认。\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。买方和卖方确认，经纪人未就买方获得融资的能力、买方获得该游艇任何类型抵押贷款的资格，或买方在任何司法管辖区为该游艇取得证书或办理登记的能力，作出任何陈述或保证。\n\n12. 副本。双方可签署任意数量内容相同的本PSA副本，每份副本均应视为正本（包括通过传真、电子邮件或其他电子方式证明的签名），其效力如同签名均载于同一文书之上。\n\n13. 约束效力；同时合同；未来出售。本PSA对所有当事方、其继承人、遗产代理人及/或受让人具有约束力。在本PSA有效期间，卖方不得出售该游艇，亦不得订立任何出售该游艇的合同。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，无论直接或通过某一方拥有或控制的实体，彼此订立合同，则卖方同意向经纪人支付如本PSA所设想的交易已完成时经纪人本应获得的同等佣金。\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，卖方经纪人不对该等资金负责；（b）一旦资金已结算，卖方经纪人应以托管方式持有保证金，且任何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）卖方经纪人可在向卖方支付保证金或余额之前向经纪人付款；及（d）在涉及经纪人持有的任何资金的任何争议中，买方和卖方应就以任何方式与该争议有关的法律费用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），以及与佣金请求有关的费用和成本；但最终不可上诉的判决认定经纪人存在故意不当行为或重大过失的情形除外。\n\n15. 附加条款。见附录。\n\n16. 其他。本PSA，包括其附件和附表，构成双方就本协议标的达成的完整协议，并取代此前及同时进行的所有谈判、协议、陈述和保证，无论其为书面、口头或其他形式。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的一方或多方应在所有审前、审判及上诉阶段偿还该经纪人的成本和律师费。如本协议双方之间发生因本PSA引起的任何争议，胜诉方（包括经纪人）有权追回所有审前、审判及上诉程序中的合理费用和律师费。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，则应在可能范围内将其解释为实现本PSA双方的意图，而非使其失效。无论如何，本PSA的所有其他条款和条件均应视为有效且可执行。除本协议明确规定者外，不存在其他义务、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，与由该方发出或向该方送达的通知和交付具有同等效力。所有通知必须通过专人递送、隔夜快递、传真、电子邮件或其他电子方式作出，并应于递送或主张递送时生效。买方可将本PSA转让给\n\n买方姓名首字母\n\n@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经纪游艇买卖协议附录，于2023年[-----]日签署，由：（i）Luc A. Despins（卢克·A·德斯平斯），作为Ho Wan Kwok（郭文贵）遗产的Chapter 11 Trustee（第11章受托人）；及（ii）[-------------]（“附录”）订立。\n\n本协议中使用但未定义的首字母大写术语，具有《经纪游艇买卖协议》中规定的含义；该协议于2023年[-------]日就Lady May（“Lady May”号游艇）签署。为免生疑问，对PSA的任何提述（无论在本PSA或本附录中）均指经本附录修改后的PSA。\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 的一方。因此，买方不得以任何方式向 Luc A. Despins 先生个人或 Paul Hastings LLP（博钦律师事务所）提出任何索赔。\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）（“破产法院”）批准；Ho Wan Kwok 的第11章案件，案号 22-50073（“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，破产法院对有关或因 PSA 引起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接受破产法院的专属管辖权，放弃其目前或今后可能就审理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，特此删除 PSA 第17条中关于仲裁任何涉及 PSA 的争议的全部规定。\n\n4. 尽管 PSA 中有任何相反规定，PSA 受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条第四句和第五句特此修改如下：\n\n“船舶”还包括截至本 PSA 日期船上以及/或者载于船舶挂牌规格说明中的所有船具、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。不设除外清单。本协议项下的船舶不包括卖方或挂牌经纪人于下列较早日期提供的除外清单中所列项目：(a) 生效日起五日，或 (b) 接受/拒绝日期；该等项目不包括在出售范围内。如买方接受船舶，则视为买方已接受除外清单。为免生疑，根据本 PSA，Lady May II 不包括在船舶出售范围内。\n\n6. PSA 第1条第八句特此修改如下：\n\n根据本 PSA 出售船舶时，不得有折抵交易。如存在折抵交易，其条件应受所附《折抵船舶附录》管辖。\n\n7. PSA 第2条特此修改如下：\n\n在卖方签署本 PSA 后 ------- 个营业日内（如留空，则为 3 个营业日），于 [ ---- ], 2023，买方已将/应将定金支付至卖方出售经纪人的账户，如下所确认，作为购价定金，并应依照本 PSA 的条款以托管方式持有。在定金已结算并存入卖方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、检验及其他检查。\n\n8. PSA 第3条特此修改如下：\n\n买方购买船舶的义务，以买方对船舶试航和检验感到满意为条件，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（应为具有适当资质、日常业务为检验与该船舶质量和价值相似的船舶的海事检验师）书面证明其发现影响船舶或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，拒绝该船舶。为免生疑，买方不得基于任何其他理由拒绝船舶。如买方决定对船舶进行检验：(a) 买方应选择检验师；(b) 检验师而非经纪人应为与检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检验师；(c) 卖方应提供船舶，买方应尽快完成试航和检验，以便在接受/拒绝日期前完成检验；(d) 卖方应支付试航的全部运营费用并承担与试航有关的风险，买方应支付检验的全部费用，包括相关费用，例如吊船、干船坞及分包商费用；(e) 买方及其检验师应全权负责确定检验和试航的范围，以评估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交付书面船舶拒绝或接受通知。无论买方是否已检查船舶，如买方未能依本 PSA 及时发出其接受或拒绝的书面通知，则视为买方已接受船舶。买方接受船舶后，卖方在交割（定义见第4段）前不得使用船舶，但将船舶驶往交付地点除外。如买方依本 PSA 拒绝或被视为拒绝船舶，且不存在其他违反本 PSA 的情形，则在代表买方发生的所有费用均已支付后，(i) 卖方出售经纪人应将定金返还给买方，(ii) 本 PSA 应终止，且 (iii) 各方及经纪人应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需的费用。\n\n9. PSA 第4条第六句特此修改如下：\n\n在交割时，买方应向卖方支付余额（受第6段约束），定金应扣除紧接下一句所述的款项后，通过电汇释放给卖方和/或出售经纪人，以转交卖方。卖方欠付 (i) 经纪人的佣金、存放费、保险费、维修费和/或其他项目费用（须经破产法院批准），或 (ii) 任何其他权利负担持有人的任何款项，应由出售经纪人在向卖方支付资金前，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，依本协议条款从定金中向经纪人支付佣金，并在向卖方释放定金前向经纪人支付。为免生疑，破产法院批准向买方出售船舶的命令应规定，船舶系在无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\n10. PSA 第5条第二句特此修改如下：\n\n如挂牌经纪人与出售经纪人为同一经纪公司，各方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披露其所知悉的、对船舶价值或受欢迎程度具有重大影响的事实；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意以低于要价的金额出售船舶，及 (b) 未经买方同意，经纪人对买方不负有与船舶出售有关的任何义务，亦不得向卖方披露买方愿意支付高于报价的价格。\n\n11. PSA 第6条第二句特此修改如下：\n\n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) 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船舶的命令（且该命令应规定该船舶系在无任何权利负担的情况下出售给买方）；(c) 卖方作出的保证和赔偿，保证卖方在本第6段中作出的陈述和保证；(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和赔偿，保证卖方在本第6段中作出的陈述和保证；以及 (e) 将良好且适销的所有权转让给买方所需的任何其他文件副本。\n\n12. PSA 第7条第二句和第三句特此修改如下：\n\n如船舶在买方接受后受损，且必要维修费用低于购价的百分之五 (5%)，并且完成维修所需时间少于30日，则卖方可选择：(a) 卖方可/必须在交割前依照良好海事实务，将损坏修复至紧接损坏发生前的船舶标准，买方可检查该维修；在此情况下，(b) 买方应/必须支付余额并接收经修复后的船舶，及 (c) 交割日期应按维修期间的长度延长。如船舶在买方接受后遭受较大程度的损坏，或卖方未行使前一句所述选择权，任一方均可终止本 PSA，其后果与买方拒绝船舶时相同。\n\n13. PSA 第8条特此修改如下：\n\n尽管本协议中有任何相反规定，如定金未在到期时支付，或因买方不履行而未完成交割，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，作为签署本 PSA 的对价，并构成各方之间所有索赔的完全和解；(ii) 出售经纪人应向买方返还从买方收到的任何其他款项；以及 (iii) 各方应免于承担本 PSA 项下的全部义务；但前提是，如在破产法院批准本 PSA 后，因买方不履行而未完成交割，卖方应从定金中向挂牌经纪人支付 $200,000，该金额应计入并减少挂牌经纪人在与卖方签订的委托函项下，因与不同买方完成船舶出售而可能赚取的任何佣金。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发生的任何未付成本或费用，然后百分之五十 (50%) 分给卖方，百分之五十 (50%) 分给经纪人，经纪人应按同样的\n\n按如已完成出售时本应分配的佣金比例。如因卖方不履行义务而未完成交割（为免疑义，此不包括破产法院拒绝批准本 PSA），则买方根据本 PSA 支付或存入的保证金及任何其他款项，将应要求返还给买方，或者买方有权要求强制履行。卖方同意，鉴于船舶的独特性、损失证明的困难，以及以其他方式获得充分救济的不便或不可能性，强制履行是合理的。如因卖方不履行义务而未完成交割，在卖方违约时，卖方应立即向经纪人支付如该交易已完成交割本应支付的同等佣金；但破产法院拒绝批准本 PSA 不构成卖方不履行义务。如破产法院不批准本 PSA，则本 PSA 应视为终止，其后果与买方根据本 PSA 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) 破产法院不批准本 PSA；或 (c) 买方根据本 PSA 拒绝接受船舶），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，买方应在收到该检验报告成本的付款后立即向卖方提供完整的检验报告。\n\n14. 现将 PSA 第 9 条第一句修改如下：\n\n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，买方应在交割时向受托人出售经纪人缴纳应缴税款。\n\n15. 现于 PSA 第 11 条第一句后增加以下句子：\n\n买方声明并保证，其拥有足以在交割时支付购买价款的现金和/或融资。买方还声明并保证，其与 Ho Wan Kwok（郭文贵）不存在关联或关系，且/或并非代表 Ho Wan Kwok 或应 Ho Wan Kwok 的请求行事。\n\n16. 现将 PSA 第 14 条修改如下：\n\n双方确认：(a) 在资金结算进入卖方出售经纪人账户之前，卖方出售经纪人不对保证金负责；(b) 资金结算后，卖方出售经纪人应以托管方式持有保证金，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) 卖方出售经纪人应依照本 PSA，在向卖方解除支付/发放保证金或余额之前，保留应付给经纪人的佣金；及 (d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方应就与该争议以任何方式有关的法律费用和成本（包括任何上诉中发生的费用和成本，以及与佣金请求有关的费用和成本）向经纪人作出赔偿（该义务由托管资金上的留置权担保），但破产法院作出的终局、不可上诉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\n17. 现将 PSA 第 16 条第二句和第三句修改如下：\n\n如经纪人成为涉及本 PSA 的任何诉讼的一方，则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、审判及上诉阶段发生的合理成本和律师费，除非破产法院作出的终局、不可上诉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 标的事项产生任何争议，胜诉方（包括经纪人）有权获得所有审前、审判及上诉程序中的合理开支、律师费和成本，除非破产法院作出的终局、不可上诉判决认定该胜诉方存在故意不当行为或重大过失。\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 转让给买方的任何直系亲属，或由买方及/或其任何直系亲属拥有或控制的任何实体。除此之外，任何一方均不得未经另一方同意转让本 PSA，且该同意不得被无理拒绝。\n\n19. 现将 PSA 第 4 页签名栏中的“出售经纪人保证金确认（以资金结算为条件）”修改为：“卖方保证金确认（以资金结算为条件）”。\n\nб\n\n卖方\n\n签署人：\n姓名：Luc A. Despins，作为 Ho Wan Kwok 遗产的第 11 章受托人\n日期：\n\nCase 22-50073 Doc 1930-18 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 152 of 238\n\n买方\n\n签署人\n姓名\n职务\n日期\n\n附件 19\n\n案号：____________\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人的 19 2023 年 6 月 27 日 全部准入 R. Senteio\n\n附件 ________\n\n副书记员\n\n____________ 证据\n\n识别。\n\n诉\n\n日期\n\n日期\n\n签字\n意向书\n\n日期：May 12, 2023\n事由：M/Y Lady May COBR # 745195\n\n致 Luc A Despins，作为 Ho Wan Kwok 遗产的第 11 章受托人：\n\n根据我对 Lady May 的检查，我现提出以下购买 Lady May 的要约，但须符合下列条件：\n\n- 1) 购买价格：二千万美元（$20,000,000）\n- 如获接受，应在 3 个营业日内将约定价格的 10% 作为保证金电汇至 Edmiston and Company（埃德米斯顿公司）的 2. 托管账户（详情另行提供）\n- 接受要约须经法院批准。3)\n- 以买方和卖方双方最迟于 May 31, 2023 签署共同同意的正式合同为条件。4)\n- 5) 以买方可接受的满意海试和船况检验为条件。海试和船况检验应在双方共同同意的正式合同签署后 14 日内完成；船况检验应在检验完成后 7 日内完成。\n- 以共同同意的、属于游艇的所有船上及岸上物品清单为条件，6) 但不包括船东和船员的个人物品。\n- 交割最迟应于 June 30, 2023 完成。7)\n- 以游艇在交割时交付时不存在任何债务、海事留置权及权利负担为条件。8)\n- 本意向书及双方可接受的正式合同应受买方与卖方商定的 9) 保密条款约束。\n要约结束。\n\n卖方接受：\n附件 20\n\n案号：____________\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人的 20 2023 年 6 月 27 日 全部准入 R. Senteio\n\n附件 ________\n\n副书记员\n\n____________ 证据\n\n识别。\n\n诉\n\n日期\n\n日期\n\n签字\nBongartz, Alex（亚历克斯·邦加茨）\n\n发件人：发送时间：收件人：抄送：主题：附件：\n\nTuesday, May 30, 2023 3:46 PM Despins, Luc A. Bongartz, Alex [外部] Lady May 20230530151310044.pdf\n\n--- 外部电子邮件 ---\n\n您并不经常收到来自\n\n的电子邮件。了解为何这很重要\n\n尊敬的 Despins 先生：\n\n根据 Dirk Johnson（德克·约翰逊）于 May 24, 2023 发送的电子邮件中的指示，随附请查收购买 LADY MAY 的 PSA 和附录文本（由贵方拟定）。\n\n要约为 $21,500,000，检验接受/拒绝日期为 June 20, 2023，交割日为 June 30, 2023 或之前。\n\n此外，酒吧及一些过去曾放置于船上的零星小型设备——如确有此事，他希望能够作为船舶库存的一部分进入该集装箱。如非事实，则不存在问题。\n\n最后，为遵守 June 20 的检验接受/拒绝时间表以及 June 300 的交割时间表，尽快获知该要约是否被接受至关重要，以便安排检验员。\n\n正如其多年来拥有多艘与 Lady May 同等等级和规模船舶所证明的那样，他已准备好、愿意且有能力完成本交易，期待尽早收到您的回复。\n\n谨上，\nCase 22-50073 Doc 1930-20 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 157 of 238\n经纪船舶买卖协议\n\n买方：　卖方：Luc A. Despins，作为 Ho Wan Kwok 遗产的第 11 章受托人\n\n地址　地址：c/o Paul Hastings LLP（普衡律师事务所），200 Park Avenue\nNew York, New York 10166\n国籍：　国籍：U.S.\n船舶名称：Lady May　制造商：Feadship（斐帝星）\n型号：半排水型机动游艇　总长：44.26m\n年份：2014　文件或 Z 登记号：745195　船旗：Cayman Is.\n船体号：688　发动机说明：柴油（Caterpillar）\n出售经纪人；　挂牌经纪人：Edmiston & Company Limited\n重要日期　Children Children　购买价格\n要约日期：May 30, 2023　购买价格：$21,500,000\n要约到期日：June 9, 2023　减：保证金：购买价格的 120%1 $4,300,000\n接受/拒绝日期：June 20, 2023　减：置换折抵额（见附录）：不适用\n交割日期：June 30, 2023 或之前　余额：$17,200,000\n\n交付地点：Rhode Island（罗得岛）海岸外的国际水域\n\n注：如船舶须移至交付地点，必须精确指明。仅列出港口或城市不足以构成指定。\n包括的额外已登记船舶 是 是 否\n\n1. 协议。买方同意购买，且卖方同意出售上述船舶中的全部权利、所有权及权益，但须遵守本《买卖协议》（“PSA”）载明的条款和条件。除非本文另有定义，本 PSA 中使用的大写术语应与上表中的相应术语相关联。“生效日期”是指本 PSA 已签署之日。“船舶”还包括船舶上的和/或截至卖方或挂牌经纪人在生效日期后五日或接受/拒绝日期（以较早者为准）提供的除外清单中列明日期的船舶挂牌规格中包括的所有设备、机械、燃料、消耗品以及所有已登记或新的船舶配件、顶部物品、物件及附属物；该等物品不包括在出售范围内。如 Italy Brodec 和出售经纪人以下统称为“经纪人”，则买方将被视为已接受该除外清单。如存在置换折抵额，置换的条件应由所附《置换船舶附录》约定。如任一方未能于要约到期日或之前签署本 PSA 并向另一方交付，本 PSA 将不生效。\n\n2. 保证金。在 _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 出售经纪人账户后（如下文确认），作为根据本 PSA 条款支付的购买价格保证金。卖方可拒绝允许买方进行船舶试航、检验及其他检查，直至保证金已结算进入出售经纪人的托管账户。\n\n3. 勘验选择权；船舶的接受；勘验条件。买方购买该船舶的义务，以买方根据其自行决定权对该船舶的试航和勘验感到满意为条件，但买方可选择不对该船舶进行检查。如进行检查，(a) 买方将选择勘验师，且经纪人不对勘验中的任何错误或遗漏承担责任；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，买方仍为唯一负责方；(c) 卖方应使该船舶可供使用，且买方应尽快完成试航和勘验；(d) 卖方应支付试航的一切运行费用并承担与之相关的风险，买方应支付勘验费用，包括相关费用，例如起吊、码头费用及分包商费用；(e) 买方及其勘验师应全权负责确定试航范围，以评估该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发出书面拒绝该船舶的通知。无论买方是否已检查该船舶，如买方未及时发出书面接受该船舶的通知，买方应被视为已拒绝该船舶。在交割（定义见第4段）前，卖方不得使用该船舶，但为将该船舶移至交付地点而移动该船舶的情形除外。如买方拒绝或被视为拒绝该船舶，则在代表买方发生的一切费用均已支付后，(i) 销售经纪人应将定金退还给买方，(ii) 本购销协议应终止，且双方及经纪人应免除其后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瑕疵或缺陷所需的费用。\n\n买方首字母签名：\n\n©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。\n\n卖方首字母签名：\n\n修订版 3.10.20\n\n本表格系为 IYBA 的利益而编制。双方及经纪人解除 IYBA 就因使用本表格而产生或与之有关的损害所承担的一切责任。IYBA 明确否认与本表格使用有关的一切保证，包括适销性及适合特定用途的保证。\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，同时收取买方应付的全部款项，并交付将良好且可转让的所有权转让给买方所必需的所有其他文件原件。如该船舶必须移动至交付地点以完成交割，则卖方应承担该船舶在移至交付地点期间的风险，除非款项已全额支付或已由托管方持有，并于该船舶交付至交付地点及所有权文件向买方交付时予以放行。交割可通过隔夜快递或电子方式办理。在交割日当日或之前，卖方必须向销售经纪人交付将该船舶所有权转让给买方所必需的全部文件（以及其他所有须交付的文件）；买方应向卖方支付余额（受第6段约束），及/或通过电汇向销售经纪人支付，以便其转交卖方。卖方应付给 (i) 经纪人的销售佣金及/或其他费用，或 (ii) 任何其他权利负担持有人的任何款项，应由销售经纪人在向卖方分配款项前从卖方应收款项中扣除；卖方特此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。\n\n5. 经纪人。双方确认，促成本购销协议的为销售经纪人和挂牌经纪人。如挂牌经纪人与销售经纪人为同一经纪人，双方同意该经纪人同时代表买方和卖方；该经纪人可向双方披露其实际知悉的、可能影响该船舶价值或吸引力的事实；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该船舶；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。如挂牌经纪人与销售经纪人不同，挂牌经纪人仅代表卖方，且不对买方负有任何义务，无论是信义义务或其他义务；销售经纪人仅代表买方，且不对卖方负有任何义务，无论是信义义务或其他义务（尽管其报酬由卖方支付）。经纪人仅负有履行本协议中明确规定的义务，任何未列明的义务或责任均不得被解释为纳入本购销协议。卖方应全权负责依本协议规定支付与出售该船舶有关而应付给经纪人的佣金。各方均向对方声明并保证，其在就向买方出售该船舶进行谈判时，未与任何其他经纪人、代理人或居间人合作或打交道，并进一步确认经纪人为本购销协议的第三方受益人。\n\n6. 卖方的声明；交割要求。卖方声明并保证，其将向买方转让该船舶良好且可转让的所有权，不附带任何债务、请求权、海事法留置权、担保权益、权利负担、消费税及其他应付给任何州、国家、监管机构或任何种类实体的适用税款、关税或关税税则（统称“权利负担”）。交割前不少于两 (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) 已支付或解除全部权利负担的证明（将在交割时解除的权利负担除外）；(c) 卖方就本第6段所作声明和保证提供的担保及赔偿；(d) 如卖方为法人实体，则卖方受益所有人就卖方在本第6段所作声明和保证提供的个人担保及赔偿；以及 (e) 将良好且可转让的所有权转让给买方所必需的任何其他文件副本。卖方应支付并全面配合取得任何主管机关所需的授权。作为法人实体的任何一方，应在交割前向另一方提供：(i) 其根据该实体设立所在州或其他司法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作出购买或出售该船舶决定的同意书、行动文件或决议，以及交付或接受该船舶及/或签署本购销协议及/或购销文件的个人的授权；(iii) 显示交付或接受该船舶的个人授权的授权委托书；以及 (iv) 如为卖方，其电汇信息。\n\n7. 损失风险；不可抗力。卖方应承担该船舶灭失或损坏的风险。如该船舶在买方接受后受损，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日，则：(a) 卖方必须在交割前按照良好的海事惯例，将该船舶修复至紧接损坏发生前的状态，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该船舶；以及 (c) 交割日应按修理期间相应顺延。如该船舶在买方接受后受到更大程度的损坏，任何一方均可终止本购销协议，其后果与买方拒绝该船舶时相同。任何一方履行义务的责任，均应在为适应该方合理控制范围以外的不可预见事件（“不可抗力事件”）所必需的期间内暂停，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、停电、事故、热带风暴、飓风或其他自然灾害。如发生不可抗力事件，本购销协议所述期间，包括交割日，应被视为按使受影响一方能够依本购销协议履行义务所需的时间延长；但如不可抗力事件使交割日延迟超过30日，任何一方均可终止本购销协议，其后果与买方拒绝该船舶时相同。\n\n8. 违约。尽管本协议有任何相反规定，如定金未在到期时支付，或因买方违约而未完成交割，包括但不限于未支付余额或未在交割日前签署完成购买所需的全部文件：(i) 如定金尚未支付，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，以作为卖方错失商机及双方之间一切事项最终解决的对价；(ii) 销售经纪人应将定金退还买方；以及 (iii) 双方应解除本购销协议项下的一切义务。买方和卖方同意，定金应首先用于支付买方或经纪人就该船舶发生的一切费用或支出，然后按百分之五十 (50%) 分配给卖方和经纪人；经纪人之间应按如交易已完成时佣金本应分配的相同比例进行分配。如因卖方未履行义务而未完成交割，则应买方要求，定金及买方依本购销协议已支付或存入的任何其他款项应退还给买方，或者买方有权请求强制履行。卖方同意，鉴于该船舶的独特性、获得适当救济的困难，以及以其他方式获得适当救济的不便或不可能性，强制履行是合理的。在卖方违约时，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。\n\n买方首字母签名： 卖方首字母签名：\n\n第 2 页，共 4 页 ©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。 修订版 3.10.20\n\n9. 销售税和使用税。如适用，应就该船舶缴纳的销售税或使用税由买方负责，买方应向销售经纪人支付应付税款。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. 声明和保证。卖方和经纪人相信其任何一方就该船舶提供的任何信息均为真实、正确，并系善意提供该等信息，但并不且不能保证该等信息的准确性。买方于交割时声明并保证，其 (A) 将已全面检查并对该船舶进行试航（或已自愿放弃该等权利），且 (B) 不依赖卖方或经纪人在本购销协议之前或同时提供的任何广告、承诺、描述、确认或声明（无论口头或书面）。交割后，买方应被视为已按“现状、现地”条件接受该船舶。卖方和经纪人对该船舶、该船舶的状况、其适合任何特定用途或适销性，不作任何明示或默示保证，所有该等保证均予以否认。\n\n11. 融资。买方的义务不以买方获得融资为条件。买方声明，如有必要，其将安排融资。买方和卖方确认，经纪人未就买方获得融资的能力、买方取得该船舶任何类型抵押贷款的资格，或买方在任何司法辖区为该船舶办理文件或登记的能力，作出任何声明或保证。\n\n12．副本。本买卖协议（PSA）可由各方签署任意数量的相同副本，每一副本均视为正本（包括通过传真、电子邮件或其他电子方式证明的签名），犹如所有签名均签署于同一文书之上。\n\n13．约束效力；同时订立的合同；未来销售。本买卖协议对所有当事方及其继承人、遗产代理人和／或受让人具有约束力。在本买卖协议有效期间，卖方不得出售该船舶，亦不得就该船舶签订销售合同。如果未依照本买卖协议的条款完成出售，且买方与卖方在本买卖协议终止后两年内，就该船舶直接订立合同，或通过任何一方拥有或控制的实体订立合同，卖方同意向经纪人支付一笔与经纪人如本买卖协议所设想的交易完成时本可获得的佣金数额相同的款项。\n\n14．托管资金。各方确认：（a）在资金已实际清算并存入销售经纪人账户之前，销售经纪人不对该等资金负责；（b）资金清算后，销售经纪人应将定金作为托管资金持有，任何一名经纪人从任何一方收到的其他资金应为该方以信托方式持有；（c）销售经纪人可在向卖方支付定金或余款之前保留应付佣金；及（d）对于涉及经纪人持有的任何资金的任何争议，买方和卖方应就与该争议以任何方式有关的法律费用和成本向经纪人作出赔偿，包括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为担保），以及与佣金请求有关的费用和成本；但经不可上诉的终局判决认定故意不当行为或重大过失的经纪人除外。\n\n15．附加条款。见附录。\n\n16．其他条款。本买卖协议，包括其附件和附表，构成各方就本协议标的达成的完整协议，并取代此前及同时进行的一切与此有关的谈判、协议、陈述和保证，无论其为书面、口头或其他形式。如经纪人成为涉及本买卖协议的任何诉讼的一方，经纪人应由被认定违反本买卖协议的一方或多方偿付其在审前、审判及上诉各阶段产生的成本和律师费。如本协议各方之间发生任何因本买卖协议标的而起的争议，胜诉方（包括经纪人）有权获得审前、审判及上诉程序中的合理费用、律师费及成本。如本买卖协议的任何条款、条件或规定因任何原因被认定不可执行，应在可能的范围内将其解释为实现本买卖协议的意图，而非予以规避。在任何情况下，本买卖协议的所有其他条款和条件均应视为有效且可执行。除本协议明确规定外，不存在其他义务、责任、法律责任或保证。本买卖协议不得修改或变更，除非以书面形式作出并由买方和卖方签署。由代表任何一方的律师或经纪人作出或向其作出的通知和交付，与由该方作出或向该方作出的通知和交付具有同等效力。所有通知均须以书面作出，并可通过亲自递送、隔夜快递、传真或电子方式作出，并应于送达时生效。买方可将本买卖协议转让给买方直系亲属中的任何成员，或由买方和／或其直系亲属中的任何成员拥有或控制的实体。除此以外，任何一方均不得未经另一方同意转让本买卖协议，且该同意不得被无理拒绝。本买卖协议项下产生的任何请求权或权利，除非以书面形式作出，否则不得全部或部分放弃或免除；任何弃权亦仅适用于其作出的特定情形。段落标题仅供参考，不具有其他效力。\n\n17．管辖法律和争议解决。请勾选（a）、（b）或（c）；如未勾选，则适用（a）。任何涉及本协议的争议应通过以下方式解决：（a）在位于_______州的法院解决（如留空，则为Florida）；（b）通过具有约束力的仲裁解决；或（c）在英国伦敦通过具有约束力的仲裁解决。如选择（b），本协议应受_______州法律管辖并依其解释，且程序应在销售经纪人主营业所所在县进行；如销售经纪人在Florida没有办事处，则在_______进行。仲裁开始时有效的American Arbitration Association（“AAA”）（美国仲裁协会）规则应适用，除非以下规则适用：如争议金额（包括反请求）不超过USD $1,000,000.00，各方应在二十（20）日内从International Yacht Brokers Association（“IYBA”）（国际游艇经纪人协会）保存的仲裁员名册中指定一名独任仲裁员；IYBA有权指定该独任仲裁员。如争议金额超过该数额，各方应各自指定一名仲裁员，该两名仲裁员应共同指定第三名仲裁员。任何一方均可请求从IYBA保存的仲裁员名册中指定第三名仲裁员。独任仲裁员的裁决，或如为三人仲裁庭则其中任意两名仲裁员的裁决，均为终局并对各方具有约束力。可在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仲裁。如选择（c）：（i）本协议应受英国法律管辖并依其解释，不适用其法律冲突原则；（ii）因本协议产生或与本协议有关的任何争议，均应依照Arbitration Act 1996（1996年仲裁法）或其任何法定修订或重新制定文本提交仲裁，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（“LMAA”）（伦敦海事仲裁员协会）规则进行；（iv）如争议金额（包括反请求）低于USD $100,000，则适用其Small Claims Procedure（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，则适用其Intermediate Claims Procedure（中等金额索赔程序）。无论选择何种方案，各方均不可撤销地接受该等法院或仲裁机构的专属管辖，放弃其现时或日后可能就审判地或法院便利性提出的任何异议，同意与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。各方在有机会寻求法律顾问后，就本协议项下产生的请求，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。\n\n买方　卖方：\n\n正楷姓名：\n职务：\n日期：　正楷姓名：\n职务：\n日期：\n\n销售经纪人定金确认书（以资金清算为条件）\n\n正楷姓名：　金额：\n\n职务：　日期：\n\n买方姓名首字母缩写：\n\n©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。\n\n卖方姓名首字母缩写：\n\n修订版 3.10.20\n\n本表格专为IYBA成员使用而编制。各方及经纪人免除IYBA因使用本表格所导致或与之有关的任何损害赔偿责任。IYBA明确否认与使用本表格有关的一切保证，包括适销性及适合特定用途的保证。\n\n经纪船舶买卖协议附录，于2023年[-----]日签订，各方为：（i）Luc A. Despins（卢克·A·德斯平斯），作为Ho Wan Kwok（郭文贵）遗产的Chapter 11（第11章）受托人；及（ii）[-----------]（“附录”）\n\n本协议中使用但未定义的首字母大写术语，具有2023年5月30日就Lady May（“梅夫人”号）签订的经纪船舶买卖协议（“PSA”）中所规定的含义。为免疑义，任何对PSA的提及（无论是在本PSA中还是在本附录中）均指经本附录修改后的PSA。\n\n1．Luc A. Despins仅以Ho Wan Kwok遗产Chapter 11受托人的身份成为PSA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Paul Hastings LLP（保尔·黑斯廷斯律师事务所）为对象提出任何请求。\n\n2．PSA及其所有条款均须经United States Bankruptcy Court for the District of Connecticut（康涅狄格联邦地区破产法院）（“破产法院”）批准；Ho Wan Kwok的Chapter 11案件，即Case No. 22-50073（“Chapter 11案件”），正在该法院审理中。\n\n3．尽管PSA中有任何相反规定，破产法院对有关PSA或因PSA产生的任何请求或争议享有专属管辖权，各方及经纪人不可撤销地接受破产法院的专属管辖，放弃其现时或日后可能就审判地或法院便利性提出的任何异议，同意与PSA有关的所有请求均应由该法院裁决，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条中关于仲裁任何涉及PSA的争议的所有规定，特此删除。\n\n4．尽管PSA中有任何相反规定，PSA应受New York（纽约州）法律管辖并依其解释，不适用其法律冲突原则。\n\n5．PSA第1条第四句和第五句特此修改如下：\n\n“船舶”亦包括截至本PSA日期船上及／或列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。不存在除外清单。除卖方或挂牌经纪人最早于下列日期提供的除外清单所列项目外，本协议包括所有项目，该等项目不包括在出售范围内：（a）生效日起五日；或（b）接受／拒绝日期。买方如接受该船舶，即视为已接受除外清单。为免疑义，Lady May II不包括在根据本PSA出售船舶的范围内。\n\n6．PSA第1条第八句特此修改如下：\n\n不存在任何以旧换新补贴。如根据本PSA出售船舶涉及以旧换新，则该以旧换新的条件应受所附Trade In Vessel Addendum（以旧换新船舶附录）管辖。\n\n7．PSA第2条特此修改如下：\n\n在 Soller 签署本 PSA 后的 ______ 个营业日内（如留空，则为 3 个营业日），于 [ ---- ]，2023 年，买方已将/应将定金支付至下文确认的卖方销售经纪人的账户，作为购买价款的定金，并应根据本 PSA 条款予以托管。在定金结清并存入卖方销售经纪人的托管账户之前，卖方可拒绝允许买方进行试航、检验及对船舶的其他检查。\n\n8. 现将 PSA 第 3 条修改如下：\n\n买方购买船舶的义务，以买方自行决定是否满意该船舶的试航和检验为条件，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（应为日常业务为检验与该船舶质量和价值相近的船舶的适格船舶检验师）书面证明其发现影响船舶或其机器设备或其系统运行完整性的缺陷，或使船舶不适航的缺陷时，拒绝接受该船舶。为免疑义，买方不得以任何其他理由拒绝接受该船舶。如买方决定进行检验：(a) 买方将选择检验师；(b) 检验师而非经纪人将对检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检验师；(c) 卖方应提供船舶，且买方应在切实可行的情况下尽快完成试航和检验，以使检验于接受/拒绝日期前完成；(d) 卖方应支付试航的所有运行费用并承担与试航有关的风险，买方应支付检验的所有费用，包括相关费用，例如吊船、干船坞及分包商费用；(e) 买方及其检验师将对确定检验和试航的范围承担唯一责任，以评估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船舶的通知。无论买方是否已检查船舶，如其未能依照本 PSA 及时发出书面拒绝通知，则视为其已接受该船舶。买方接受船舶后，在交割（定义见第 4 段）完成前，除将船舶移至交付地点外，卖方不得对船舶作任何使用。如买方依照本 PSA 拒绝或被视为拒绝接受船舶，且并未以其他方式违反本 PSA，则在代表买方发生的所有费用均已支付后：(i) 卖方销售经纪人应向买方返还定金；(ii) 本 PSA 将终止；及 (iii) 双方及经纪人将免除其在本协议项下的任何进一步责任。经纪人不负责支付纠正试航和检验期间发现的任何缺陷或不足的费用。\n\n9. 现将 PSA 第 4 条第六句修改如下：\n\n于交割时，买方应向卖方支付余款（受第 6 段约束），且定金应释放给销售经纪人，以便其通过电汇转交卖方，但受紧接下一句所述扣减的约束。卖方应付给 (i) 经纪人的佣金、仓储、保险、维修和/或其他项目的任何款项（须经破产法院批准），或 (ii) 任何其他权利负担持有人的任何款项，应由销售经纪人在向卖方支付资金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，按照本协议条款从定金中向经纪人支付佣金，并在向卖方释放定金之前向经纪人支付。为免疑义，破产法院批准将船舶出售给买方的命令应规定，船舶系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\n10. 现将 PSA 第 5 条第二句修改如下：\n\n如挂牌经纪人与销售经纪人为同一家经纪公司，双方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，在该等情况下，(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；以及 (b) 经纪人对买方不负有与出售船舶有关的义务，且未经买方同意，不得向卖方披露买方愿意支付高于报价的价格。\n\n11. 现将 PSA 第 6 条第二句修改如下：\n\n交割前不少于两 (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) 支付或解除所有权利负担的证明（将在交割时全额支付的权利负担除外），该证明可为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权利负担）；(c) 卖方作出的保证及赔偿，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，则由卖方受益所有人作出的个人保证及赔偿，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需的任何其他文件副本。\n\n12. 现将 PSA 第 7 条第二句和第三句修改如下：\n\n如船舶在买方接受后受损，且必要维修的费用低于购买价款的百分之五 (5%)，并且完成维修所需时间少于 30 天，则由卖方选择，(a) 卖方可在交割前依照良好海事惯例，将损坏修复至紧接损坏发生前船舶的标准，且买方可检查该等维修；在此情况下，(b) 买方应支付余款并接收经修复的船舶，且 (c) 交割日期将按维修期间的时长延长。如船舶在买方接受后遭受更大程度的损坏，或卖方未行使前一句所述选择权，则任何一方均可终止本 PSA，其后果与买方拒绝接受船舶相同。\n\n13. 现将 PSA 第 8 条修改如下：\n\n尽管本协议有任何相反规定，如定金未按期支付，或因买方不履行义务而未完成交割，包括但不限于未能于交割日期前支付余款或签署完成购买所需的所有文件：(i) 定金应由卖方和经纪人留存，或如定金未支付，买方应向卖方和经纪人支付等额款项，作为约定及已同意的损害赔偿金，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) 销售经纪人应向买方返还从买方收到的任何其他资金；及 (iii) 双方将免除本 PSA 项下的所有义务；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 S200,000 的金额，该金额应抵扣并减少挂牌经纪人在与卖方签订的委任函项下，如船舶与不同买方完成出售时可获得的任何佣金。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发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；如出售已完成，经纪人应按佣金本应分配的相同比例分配该款项。\n\n案件 22-50073 文书 1968-2611e6106122/2EntEreteldol 80/22/22:33 8.000:24第200页0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 384\n\n如因卖方不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），则买方根据本 PSA 支付或存入的定金及任何其他款项，应按要求返还给买方，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，以及以其他方式获得充分救济的不便或不可能性，实际履行是合理的。如因卖方不履行义务或卖方违约而未完成交割，卖方应立即向经纪人支付如交易完成本应支付的相同佣金；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，则本 PSA 应视为终止，其后果与买方依照本 PSA 拒绝接受船舶相同。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) 买方依照本 PSA 拒绝接受船舶），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，买方应在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\n14. 现将 PSA 第 9 条第一句修改如下：\n\n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，且买方应于交割时向受托人/销售经纪人支付应缴税款。\n\n15. 现于 PSA 第 11 条第一句后增加以下句子：\n\n买方陈述并保证，其拥有足够的现金和/或融资以于交割时支付购买价款。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（郭文贵）或应 Ho Wan Kwok（郭文贵）的要求行事。\n\n16. 现将 PSA 第 14 条修改如下：\n\n双方确认，(a) 在资金结清并存入卖方销售经纪人的账户之前，卖方销售经纪人不对定金负责；(b) 资金结清后，卖方销售经纪人应托管定金，且任何一名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。\n\n案件 22-50073 文书 1968-2611e6106122/2EntEretele66186/22/22:338.000:24第2007108页\n\n当事人；(c) 卖方出售经纪人应根据本PSA，在向卖方解除支付保证金或余额之前，保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该争议有关的律师费和费用（包括在任何上诉中发生的费用〔该义务由托管资金上的留置权担保〕）以及与佣金请求有关的费用，对经纪人予以赔偿；但破产法院作出的终局性、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\n17. 现将PSA第16条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，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、审判和上诉阶段发生的合理费用及律师费，除非破产法院作出的终局性、不可上诉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标的事项发生任何争议，胜诉方（包括经纪人）有权收回所有审前、审判和上诉程序中的合理开支、律师费和费用，除非破产法院作出的终局性、不可上诉判决认定该胜诉方存在故意不当行为或重大过失。\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转让给买方直系亲属中的任何成员，或买方和/或其直系亲属中的任何成员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\n19. 在PSA第4页的签字栏中，现将“出售经纪人保证金确认（以资金清算为准）”修改为：“卖方保证金确认（以资金清算为准）”，\n\n卖方\n\n签署人：\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案件22-50073 文件1930-20 提交日期06/22/23 录入日期06/22/23 18:40:24 第14页，共14页 案件22-50073 文件1968 提交日期06/30/23 录入日期06/30/23 15:37:05 第168页，共238页\n\n证据21\n\n案件编号：____________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵） 受托人的21号证据 2023年6月27日 全部准予接纳 R. Senteio\n\n证据：________\n\n副书记员\n\n____________ 证据\n\n识别号\n\n诉\n\n日期\n\n日期\n\n签署人\n\n意向书\n\nLuc 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（“卖方”），以及（“买方”），特此确认其拟订立一份船舶购买协议，由买方购买“Lady May”——一艘2014/2019年建造、全长44.25米、由“Feadship（斐帝星）”制造的机动游艇，英国官方编号为745195，以及其附属艇和船上存货（“船舶”），价格为$18,000,000.00（壹仟捌佰万美元）。卖方和买方签署本意向书后，买方将在三个营业日内向（“托管代理人”）的律师事务所支付$1,800,000.00（壹佰捌拾万美元）的诚意金保证金（“保证金”）。\n\n本要约以达成双方均可接受的船舶购买协议为条件。双方同意本着诚信原则，尽最大努力就合同条款达成协议，并于2023年5月12日（“合同日期”）前签署船舶购买协议。为免生疑义，双方同意，条款应包括但不限于：买方将在签署船舶购买协议后三周内完成其尽职调查，且买方将收到法院命令，说明该船舶系无任何索赔负担地转让。如双方未能于合同日期前订立船舶购买协议，或托管代理人未于2023年5月12日美国东部时间下午5:00前收到买方的诚意金保证金，卖方可终止谈判，并将船舶重新投放市场，出售给其他个人或实体。\n\n如双方继续订立船舶购买协议，托管代理人将把保证金计入合同价款的一部分。如双方无法就合同条款达成一致，托管代理人将在收到买方书面请求后，立即将保证金全额退还给买方。\n\n签字可通过电子邮件发送PDF副本，卖方和买方同意，经电子邮件发送的签字与原件具有同等效力。\n\n本意向书应受Florida（佛罗里达州）法律管辖，并依其解释和执行。因本协议产生的任何诉讼，其审判地应专属设于Florida（佛罗里达州）Palm Beach County（棕榈滩县）第十五司法巡回法院，双方均应服从该法院的管辖。\n\n同意：\n\n买方：　Luc A. Despins（卢克·A·德斯平斯），作为\nHo Wan Kwok（郭文贵）财产的第11章受托人\n\n签署人：_\n__　签署人：___________________________________\n其职务：__________________________________\n\n日期：2023年5月_______日\n日期：2023年5月_______日\n\n证据22\n\n案件编号：____________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵） 受托人的22号证据 2023年6月27日 全部准予接纳 R. Senteio\n\n证据：________\n\n副书记员\n\n____________ 证据\n\n识别号\n\n诉\n\n日期\n\n日期\n\n签署人\n\n案件22-50073 文件1930-22 提交日期06/22/23 录入日期06/22/23 18:40:24 第2页，共3页 案件22-50073 文件1968 提交日期06/30/23 录入日期06/30/23 15:37:05 第172页，共238页\n\nBongartz, Alex（亚历克斯·邦加茨）\n\n发件人：　Dirk Johnson（德克·约翰逊）\n\n发送时间：　2023年5月22日，星期一，下午6:01\n收件人：　Despins, Luc A.（卢克·A·德斯平斯）；Bongartz, Alex（亚历克斯·邦加茨）\n主题：　[外部] 要约1提高至$20M\n--- 外部电子邮件 ---\n\n尊敬的Luc：\n\n其已将要约提高至$20,000,000。其条款与所有其他要约一致，在我们就价格达成一致之前，没有理由细调日期。他已准备好迅速推进，我将在法官批准后立即向其发送我们拟议的条款清单。Dirk\n\n证据23\n\n案件编号：____________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵） 受托人的23号证据 2023年6月27日 全部准予接纳 R. Senteio\n\n证据：________\n\n副书记员\n\n____________ 证据\n\n识别号\n\n诉\n\n日期\n\n日期\n\n签署人\n\n经纪人协会 International Yacht Brokers Association, Inc.（国际游艇经纪人协会有限公司）\n\n经纪船舶购买和出售协议\n\n买方：　卖方：LUC A. DESPINS（卢克·A·德斯平斯），作为代表HO WAN KWOK（郭文贵）的第11章受托人\n\n地址　地址：C/O PAUL HASTINGS LLP（普衡律师事务所）\n200 PARK AVENUE, NEW YORK, NY 10166\n国籍：　国籍：\n船舶名称：LADY MAY　制造商：FEADSHIP（斐帝星）\n型号：定制　总长度：46.2 M\n年份：2014　船舶文件或登记号：745195\n船旗：CAY MAN\n船体编号：688　发动机说明：\n出售经纪人：　挂牌经纪人：DIRK JOHNSON（德克·约翰逊）- EDMISTON\n重要日期　购买价格\n要约日期：MAY 17, 2023　购买价格：$18,500,000\n要约到期日：MAY 29, 2023　减：保证金：$3,700,000\n接受/拒绝日期：June 6, 2023　减：以旧换新抵扣额（见附录）：\n交割日期：JUNE 21, 2023　余额：$14,800,000\n\n交付地点：BERMUDA（百慕大）或双方另行商定的地点\n\n注：如船舶将被移往交付地点，必须准确说明。\n包括的其他登记船舶　是　否\n\n1. 协议。买方同意购买，卖方同意出售上述船舶的所有权利、所有权和权益，条件和条款载于本购买和出售协议（“PSA”）。本PSA中使用的大写术语，除非本协议另有定义，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船舶挂牌说明中所列、位于船上的所有设备、机械、燃料、消耗品，以及所有已登记或未登记的附属艇、玩具、物品和附属设施，但卖方或挂牌经纪人于以下较早日期提供的除外清单所列物品除外：(a) 生效日期后五(5)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，即视为其已接受除外清单。挂牌经纪人在本协议中称为“经纪人”。如存在以旧换新抵扣额，以旧换新的条件应受所附《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不生效。\n\n2. 保证金。在________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________内，将保证金支付至出售经纪人的账户（如下文确认），作为根据本PSA条款支付购买价格的保证金。在保证金已清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、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，取决于买方自行酌情决定是否满意于对船舶进行的试航和检验，但买方可选择不对船舶进行检查。如进行检查：(a) 买方将选择检验员；(b) 检验员而非经纪人将是对检验中任何错误或遗漏承担唯一责任的一方，尽管经纪人可能已向买方提供信息并协助买方聘请检验员；(c) 卖方应提供船舶供检验，且买方应尽快完成试航和检验；(d) 卖方应支付所有运营费用并承担试航，买方应支付检验的全部费用，包括相关费用，例如吊船费及分包商费用；(e) 买方及其检验员将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的要求；及(f) 买方应于接受/拒绝日期或之前，向挂牌经纪人递交书面拒绝或接受通知。附带任何条件的接受将被视为修改本PSA的提议，且不妨碍买方于接受/拒绝日期或之前无条件接受船舶。无论买方是否检查过船舶，如买方未能及时发出其接受船舶的书面通知，即视为买方已拒绝船舶，卖方将\n\n买方姓名首字母　第1页，共4页\n\n©2022 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：修订版2.1.22\n\n本表格仅为IYBA专属使用和利益而编制。双方和经纪人免除IYBA因使用本表格而产生或与之相关的任何损害责任。IYBA明确否认与使用本表格有关的任何及所有适销性及特定用途适用性保证。\n\n在交割（定义见第4段）前，除为前往交付地点外，不得使用船舶。如买方拒绝或被视为拒绝船舶，在支付所有代表买方发生的费用后，(i) 出售经纪人应将保证金退还买方，(ii) 本PSA将终止，且经纪人将被解除本协议项下的任何进一步责任。经纪人不负责支付纠正试航和检验期间发现的任何缺陷或不足的费用。\n\n4. 成交。船舶所有权的转让（“成交”）将于成交日在交付地点进行，并同时支付买方应付的全部款项，以及交付将良好且可销售的所有权转让给买方所必需的所有其他文件的正本。如船舶必须驶往成交地点，除非款项已全额支付，或正由托管持有且托管条件仅为在交付地点交付船舶及向买方交出所有权文件，否则卖方无须将船舶交付至成交地点。成交可通过隔夜快递或电子方式办理。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。在成交日当日或之前，卖方应向买方交付转让船舶所有权所必需的全部文件（以及本协议要求的所有其他项目）。成交时，买方应向卖方（受第6段约束）及/或向销售经纪人支付余款，以便其转交。卖方应付给：(i) 经纪人的佣金、仓储、保险、维修及/或其他项目款项，或(ii) 任何其他产权负担持有人的款项，均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；卖方特此指示任何定金持有人依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，销售经纪人是促成订立本PSA的唯一经纪人。如挂牌经纪人与销售经纪人为同一经纪人，买方和卖方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；该经纪人可向双方披露其所知悉的、对船舶价值或吸引力具有重大影响的事实。但在此情况下，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；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。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。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读为本PSA的一部分。卖方应独自负责按照本协议所述支付与船舶出售有关而应付给经纪人的佣金。各方均向另一方声明并保证，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、代理人或居间人交易，并确认经纪人为本PSA的第三方受益人。\n\n6. 卖方的陈述；成交要求。卖方声明并保证，其将向买方转让船舶的良好且可销售的所有权，不附带任何债务、索赔、海事法或普通法留置权、担保权益，以及应付给任何州、国家、监管机构及/或税务机关的任何其他适用税款、关税或税费（统称“产权负担”）。成交前不少于两（2）个营业日，卖方应向买方提供：(a) 令人满意的所有权证明；(b) 已支付或解除全部产权负担的证明，但将在成交时全额支付的产权负担除外；(c) 就卖方在本第6段中的陈述和保证作出的保证及赔偿；(d) 如卖方为法律实体，其实益所有人应就卖方在本第6段中的陈述和保证提供个人保证及赔偿，其中纳入本PSA关于诉讼费用、律师费、准据法及争议解决的规定；以及(e) 向买方转让良好且可销售的所有权所必需的任何其他文件副本。卖方应支付取得任何主管机关要求的出售授权所涉的一切费用，并应充分配合取得该等授权。任何作为法律实体的一方，应于成交前向另一方提供：(i) 其在该实体成立所在州或其他司法管辖区处于良好存续状态的证明；(ii) 证明该实体已适当授权决定购买或出售船舶，以及交付或接受本PSA及/或买卖文件的个人具有相应权限的同意行动文件；(iii) 证明交付或接受船舶的个人具有权限的授权书；以及(iv) 就卖方而言，其电汇信息。\n\n7. 损失风险；不可抗力。卖方应在成交前承担船舶灭失或损坏的风险。如买方验收后船舶受损，而必要修理费用低于购买价的百分之五（5%）且完成修理所需时间少于30日，则：(a) 卖方必须在成交前按照良好的航海惯例，将船舶修复至紧接损坏发生前的状态，且买方可检验该等修理；(b) 买方必须支付余款并接收修复后的船舶；以及(c) 成交日将按修理期间予以延长。如买方验收后船舶受损程度更大，任一方均可终止本PSA，其后果与买方拒绝船舶时相同。任一方履行义务的责任，均应因该方合理控制范围以外的不可预见事件（“不可抗力事件”）而暂停，包括但不限于恐怖主义行为、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、瘟疫、大流行病、传染病暴发或任何其他类型的自然灾害（不限于此）、由政府组织宣布的隔离、旅行限制、正常交通中断、民事抗命、海盗行为及任何类型的敌对行为（不限于此），且该等事件影响任一方履行其在本协议项下的义务。如发生不可抗力事件，本PSA中所述的期限，包括但不限于成交日，应视为按使受影响一方能够依本PSA履行义务所需的时间予以延长；但如不可抗力事件使成交日延迟超过60日，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，如定金未在到期时支付，或因买方未履行义务而未完成成交，包括但不限于未于成交日前支付余款或签署完成购买所必需的全部文件：(i) 定金应由卖方和经纪人保留（如定金未支付，则买方应向其支付等额款项），作为约定损害赔偿金，并作为签署本PSA的对价，以完全解决双方之间的所有索赔；(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；以及(iii) 双方将解除本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发生的任何未付成本或费用，之后百分之五十（50%）分配给卖方，百分之五十（50%）分配给经纪人；经纪人应按交易完成时本应支付佣金的相同比例分配该款项。如因卖方未履行义务而未完成成交，则定金及买方根据本PSA支付或存入的任何其他款项均应返还给买方，且买方有权请求实际履行。卖方同意，鉴于船舶的性质、证明损失的困难以及以其他方式获得适当救济的不便或不可能，实际履行属合理救济。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。\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。买方应向销售经纪人支付应缴税款。买方特此就其应负责的任何销售税或使用税，对卖方和经纪人进行赔偿并使其免受损害。\n\n10. 陈述和保证。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且正确，并系出于善意提供该等信息，但不保证且无法保证该等信息的准确性。买方保证并声明，截至成交时，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（无论为口头或书面，且无论在本PSA之前或与本PSA同时作出）。成交后，买方将被视为已按船舶“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，前述一切均予以否认。\n\n11. 融资。买方的义务不以买方获得融资为条件。买方声明，如有必要，其将安排融资。买方和卖方确认，经纪人未就买方获得融资的能力、买方取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证明或登记船舶的能力，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），如同签名均载于同一文书之上。\n\n13. 约束效力；同时合同；未来出售。本PSA对所有各方、其继承人、遗产代理人及/或受让人具有约束力。在本PSA有效期间，卖方不得出售船舶或就船舶订立任何合同。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，就船舶出售订立合同，卖方同意向经纪人支付与按本PSA拟议交易完成时经纪人本应收取的佣金相同的金额。\n\n14. 托管资金。双方确认：(a) 在资金结算并进入出售经纪人账户之前，出售经纪人不对定金负责；(b) 资金结算后，出售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) 在向卖方支付定金或余额之前，出售经纪人可以留存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，买方和卖方应就与该争议以任何方式有关的律师费和费用、在任何上诉中产生的律师费和费用（该义务由托管资金上的留置权担保），以及与佣金请求有关的律师费和费用，对经纪人作出赔偿，但经终局且不可上诉的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。附录一构成本协议不可分割的一部分。\n\n案件 22-50073 文件 1930-23 于 06/22/23 提交，于 06/22/23 18:40:24 登记；第 5 页，案件 22-50073 文件 1968 于 06/30/23 提交，于 06/30/23 15:37:05 登记；第 178 页，共\n\n买方：　卖方：\n\n正楷姓名：　正楷姓名：\n职务：　职务：\n日期：　日期：\n买方：　卖方：\n正楷姓名：　正楷姓名：\n职务：　职务：\n日期：　日期：\n附录\n\n本附录系对买卖双方于 May 5, 2023 就经纪船舶订立的《购买和销售协议》（以下简称“协议”）作出，该协议双方为 ======================================================================================================================================= Despins（德斯潘斯），其作为 Ho Wan Kwok（郭文贵）财产的 Chapter 11 破产受托人（以下简称“卖方”）。\n\n双方对协议作如下补充和修订：\n\n1. 本附录的解释。本附录中首字母大写的术语，除非在本文中另行定义，具有与协议中相同的含义。\n\n2. 托管代理人。（以下简称“托管代理人”）应依照协议持有和支付定金，以及买方和卖方存入的任何其他款项和文件。协议中每一处提及作为定金及任何其他款项和文件持有人的出售经纪人，均应解释为指托管代理人。卖方和买方确认，托管代理人是代表买方的律师事务所，并同意托管代理人可以继续在本交易中以及双方之间发生的任何争议中代表买方。\n\n3. 交割文件。在交割时或交割前，买方和卖方应相互交付所附附件 1 中列明的文件。\n\n4. 尽职调查。买方、卖方和经纪人均应在收到请求后，提供请求方银行为确定其受益所有人身份、居住地及资金来源而合理要求的任何信息或文件。\n\n5. 不一致。本附录优先于协议中任何不一致的条款；经本附录修订后的协议声明为具有完全效力。\n\n6. 本附录的签署。本附录的电子签名与手写签名具有同等效力。本附录可签署为数份副本，该等副本共同构成一份单一文书。通过电子邮件、传真或其他电子方式发送的本附录签署副本，就所有目的而言均视为原件。\n\n签字见下一页。\n\n卖方：\n\nHo Wan Kwok（郭文贵）财产\n\n签署人：Luc A. Despins（卢克·A·德斯潘斯）\n\n职务：受托人\n\n托管代理人：\n\n托管代理人应依照本协议持有和支付定金，以及存入托管代理人的任何其他款项和文件。\n\n签署人：签署人：1\n\n职务：\n\n附件 1：文件清单\n\n在交割时或交割前，卖方应向买方交付下列文件：\n\n登记文件\n\n1. 船舶的英国登记证书；\n\n2. 船舶的所有权登记副本，显示卖方对船舶拥有所有权，且不存在任何已登记的留置权、请求权或产权负担；该副本的日期不得早于交割日前三个营业日以上；\n\n3. 三份船舶原始销售单据，保证船舶在不存在任何留置权、请求权或产权负担的情况下转让给买方，其格式可在买方指定的登记机构办理登记；\n\n4. 船舶每艘附属艇和玩具各两份原始销售单据，保证每一项均在不存在任何留置权、请求权或产权负担的情况下转让给买方，其格式可在买方指定的登记机构办理登记；\n\n5. 视情况适用的船舶附属艇和玩具的原始背书所有权证书、登记证书、制造商原产地声明及未登记声明，其格式可在买方指定的登记机构办理登记；\n\n技术文件和证书\n\n6. 船级证书，如已签发且由卖方持有或控制；如已到期，则提供最近一期已到期版本；\n\n7. 如适用，船级确认书，其日期不得早于交割日前七个营业日以上；\n\n8. 任何确认船舶符合商业营运要求的船级和船旗国证书，如已签发且由卖方持有或控制；如已到期，则提供最近一期已到期版本；\n\n9. 卖方持有的与船舶及其机械和设备有关的船舶航海日志，以及所有图纸、蓝图、手册、使用说明书、保证书和技术资料（该等文件将在船上交付）；如已签发且由卖方持有或控制，或如已到期，则提供最近一期已到期版本；\n\n公司授权\n\n10. 破产法院根据《破产法》第 363 条作出的命令，该命令不存在任何留置权、产权负担及权益；\n\n在交割时或交割前，买方应向卖方交付下列文件：\n\n11. 合同转让书；\n\n买方首字母签名：\n\n卖方首字母签名：\n\n案件 22-50073 文件 1930-23 于 06/22/23 提交，于 06/22/23 18:40:24 登记；第 9 页，共 9 页；案件 22-50073 文件 1968 于 06/30/23 提交，于 06/30/23 15:37:05 登记；第 182 页，共 238 页\n\n12. 买方所属司法管辖区适当机关出具的买方存续证明，其日期不得早于交割日前五个营业日以上；\n\n13. 买方的设立证书、组织章程和运营协议，或同等组织文件的副本，并由买方经理证明为真实副本；\n\n14. 买方任职证明书，载明买方的成员、经理和高级管理人员，或其同等人员；以及\n\n15. 买方经理作出的书面同意，授权向卖方购买船舶，并确认任何代表买方签署文件之人的授权，以及该同意中提及的任何授权书原件。\n\n附件 24\n\n案号：________ _\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵）受托人的 24 June 27, 2023 已全额接纳 R. Senteio（森泰奥）\n\n附件 ______\n\n副书记员\n\n__________ 证据\n\n标识。\n\n诉\n\n日期\n\n日期\n\n签署人\nBongartz, Alex（亚历克斯·邦加茨）\n\n发件人：\n\n发送时间：Tuesday, May 30, 2023 4:40 PM\n收件人：Bongartz, Alex（亚历克斯·邦加茨）\n抄送：daj@edmiston.com；Despins, Luc A.（卢克·A·德斯潘斯）\n主题：[外部] 回复：Lady May（“Lady May”号）— PSA 附录\n附件：Lady May（“Lady May”号）PSA 和附录\n\n您通常不会收到来自\n\n的电子邮件。了解这为何重要\n\n下午好，\n\n请查收所附关于购买 M/Y Lady May（“Lady May”号机动游艇）的已签署 PSA 及附录。\n\nPSA 和附录的条款未对所提供的版本作出改动。\n\n客户已准备立即支付定金并进行勘验。\n\n此致，\n\n发件人：Bongartz, Alex（亚历克斯·邦加茨） 发送时间：Tuesday, May 30, 2023 2:15 PM 收件人：抄送：daj@edmiston.com；Despins, Luc A.（卢克·A·德斯潘斯）\n\n主题：回复：Lady May（“Lady May”号）— PSA 附录\n\n是的，您所附的是正确版本的附录。\n\nAlex（亚历克斯）\n\n发件人：发送时间：Tuesday, May 30, 2023 1:07 PM 收件人：Bongartz, Alex（亚历克斯·邦加茨） 抄送：daj@edmiston.com；Despins, Luc A.（卢克·A·德斯潘斯） 主题：[外部] Lady May（“Lady May”号）— PSA 附录\n\n您通常不会收到来自\n\n的电子邮件。了解这为何重要\n\n下午好，Alex（亚历克斯）和 Dirk（德克）：\n\n案件 22-50073 文件 1930-24 于 06/22/23 提交，于 06/22/23 18:40:24 登记；第 3 页，共 14 页；案件 22-50073 文件 1968 于 06/30/23 提交，于 06/30/23 15:37:05 登记；第 185 页，共 238 页\n\n请确认所附附录是否为您希望签署并与 PSA 一并提交的版本。如不是，请向我发送供签署的适当版本。谢谢。\n\n此致，\n\n国际游艇经纪人协会\n经纪船舶购买和销售协议\n\n买方：　卖方：Luc A. Despins（卢克·A·德斯潘斯），作为 Ho Wan Kwok（郭文贵）财产的 Chapter 11 受托人\n\n地址：　地址：c/o Paul Hastings LLP（普衡律师事务所），200 Park Avenue\nNew York, New York 10166\n国籍：　国籍：U.S.\n船舶名称：Lady May（“Lady May”号）　制造商：Feadship（斐帝星）\n型号：半排水型机动游艇　总长：44.25m\n年份：2014　文件或登记号：745195\n船旗：Cayman Is.\n船体号：688　发动机说明：柴油（Caterpillar（卡特彼勒））\n出售经纪人：　挂牌经纪人：Edmiston & Company Limited（埃德米斯顿有限公司）\n重要日期　购买价格\n要约日期：May 30, 2023　购买价格：$16.400,000.00\n要约到期日：June 9, 2023　减：定金：$3.280.000.00\n接受/拒绝日期：June 28, 2023　减：以旧换新折让（见附录）：不适用\n交割日期：不晚于 July 20, 2023　余额：$13,120,000.00\n\n交付地点：罗得岛海岸外国际水域 注：如船舶须移至交付地点，则必须精确说明。仅列明港口或城市并不充分。\n\n包括的额外登记船舶 是　否\n\n1. 协议。买方同意购买，且卖方同意出售上述船舶的全部权利、所有权和权益，但须遵守本《购买和销售协议》（以下简称“PSA”）载明的条款和条件。本 PSA 中使用的首字母大写术语，除非本 PSA 另有定义，均指上表中相应术语。本 PSA 的生效日期为双方签署之日。“船舶”还包括本协议签订时船上和/或船舶挂牌规格中包含的所有装备、机械、家具、燃料、消耗品，以及所有已登记的附属艇、玩具、物品和附属设备，但卖方或挂牌经纪人在生效日期或 (b) 接受 (b) 接受（拒绝日期）提供的除外清单中列明的物品除外，该等物品不包括在出售范围内。如果买方接受船舶，则视为其已接受除外清单。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。如任何一方未能在要约到期日当日或之前签署本 PSA 并交付给另一方，本 PSA 将不生效。\n\n2. 定金。在卖方签署本 PSA 后的营业日内（如留空），买方应按照本 PSA 条款，将定金支付至下文确认的出售经纪人账户，作为购买价格的定金。在定金结算并进入出售经纪人的托管账户之前，卖方可以拒绝允许买方进行试航、勘验及对船舶的其他检查。\n\n3. 验船选择权；船舶接受；验船条件。买方购买该船舶的义务，以买方自行全权酌定对该船舶的试航及验船结果满意为条件，但买方可选择不对该船舶进行检查；(a) 买方将选择验船师，且买方而非经纪人应对与验船有关的任何错误或遗漏承担唯一责任，尽管经纪人曾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，且买方应尽快完成试航及验船；(d) 卖方应支付试航的全部运行费用并承担与试航有关的风险，买方应支付验船的全部费用，包括相关费用，例如吊船、干船坞及分包商费用；(e) 买方及其验船师应对确定试航范围承担唯一责任，以评估该船舶是否符合本购买及销售协议（PSA）。买方应于接受/拒绝日期当日或之前，向卖方或挂牌经纪人提交书面拒绝或接受该船舶的通知。无论买方是否已检查该船舶，如未及时书面通知其接受该船舶，买方将被视为已拒绝该船舶。在交割完成前（定义见第4段），除将该船舶驶往交付地点外，卖方不得以任何方式使用该船舶。\n\n买方首字母缩写：\n\n©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。\n\n卖方首字母缩写：\n\n修订版 3.10.20\n\n本表格由 International Yacht Brokers Association（国际游艇经纪人协会）专供使用而编制。双方当事人及经纪人特此免除 IYBA 因使用本表格所导致或与之有关的损害赔偿责任。IYBA 明确否认与使用本表格有关的任何及所有保证，包括适销性及特定用途适用性的保证。\n\n如买方拒绝或被视为拒绝该船舶，在已支付代表买方产生的全部费用后，(i) 销售经纪人应将保证金退还给买方，(ii) 本 PSA 将终止，且 (iii) 双方当事人及经纪人将免除本协议项下的任何进一步责任。经纪人不负责纠正在试航和验船期间发现的任何缺陷所需的费用。\n\n4. 交割。船舶所有权的转让（“交割”）将于交割日，在交付地点，于买方同时支付全部应付资金并交付将良好且可转让的所有权转让给买方所必需的所有其他文件原件时进行。如该船舶必须驶往交付地点，除非资金已全额支付，或正由托管机构持有且托管条件仅为将该船舶交付至交付地点并向买方移交所有权文件，否则卖方不应将该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。除试航期间消耗的燃料及驶往交付地点期间消耗的燃料外，卖方应在交付地点向买方交付该船舶（定义见第1段）。于交割日当日或之前，卖方必须向挂牌经纪人交付将该船舶所有权（以及本协议要求交付的所有其他物品）转让给买方所必需的全部文件。交割时，买方应通过电汇向卖方支付余款（受第6段约束），及/或向销售经纪人支付余款以转付卖方。卖方应付给 (i) 经纪人的佣金、仓储费、保险费、维修费及/或其他项目款项，或 (ii) 任何其他产权负担持有人的任何款项，将由销售经纪人在向卖方支付资金前从卖方所得款项中扣除；卖方特此不可撤销地指示任何保证金持有人按照本协议条款，从保证金中向经纪人支付佣金。\n\n5. 经纪人。双方当事人确认，销售经纪人是促成订立本 PSA 的唯一经纪人。如挂牌经纪人与销售经纪人为同一经纪人，买方和卖方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；该经纪人可向双方披露其已知的、对该船舶价值或可取性有重大影响的事实；但在该情形下，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该船舶，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。如挂牌经纪人与销售经纪人不同，挂牌经纪人将仅代表卖方，且不对买方负有任何信义或其他义务；销售经纪人将仅代表买方，且不对卖方负有任何信义或其他义务（尽管其由卖方支付报酬）。经纪人仅有义务履行本协议明确规定的职责，不得将任何默示职责或义务解读为本 PSA 的内容。卖方应对按照本协议约定就出售该船舶而应付给经纪人的佣金承担唯一付款责任。各方当事人向另一方陈述并保证，其在进行与向买方出售该船舶有关的谈判时，未聘用或与任何其他经纪人、代理人或居间人交易，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，其将向买方转让该船舶良好且可转让的所有权，不附带任何债务、请求权、海事或普通法留置权、担保权益、消费税，以及应付给任何州、国家、监管机构及/或任何种类税务机关的任何其他适用税款、关税或税费（统称“产权负担”）。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) 已支付或解除全部产权负担的证明（将在交割时全额支付的产权负担除外）；(c) 卖方出具的保证及赔偿，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，由卖方实益所有人出具的个人保证及赔偿，保证卖方在本第6段中的陈述和保证；以及 (e) 将良好且可转让的所有权转让给买方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所涉及的任何费用，并应为取得该等授权提供充分合作。作为法人实体的任何一方，均应于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辖区法律处于良好存续状态的证明；(ii) 同意行为或决议，证明该实体经正式授权作出购买或出售该船舶的决定，以及交付或接受本 PSA 及/或买卖文件的个人具有相应授权；(iii) 证明交付或接受该船舶的个人具有授权的授权书；以及 (iv) 如为卖方，其电汇信息。\n\n7. 灭失风险；不可抗力。交割前，卖方承担灭失风险。如买方接受该船舶后该船舶受损，且必要维修费用低于购买价格的百分之五 (5%) 并且完成维修所需时间少于 30 日，则：(a) 卖方必须在交割前按照良好海事惯例，将该船舶修复至紧接损害发生前的状态，且买方可检查该等修理；(b) 买方必须支付余款并接收修复后的该船舶；及 (c) 交割日将按维修期间予以延期。如买方接受该船舶后该船舶受损程度更大，任一方均可终止本 PSA，其后果与买方拒绝该船舶时相同。任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”）所必需的范围内将暂停，包括但不限于恐怖主义行为、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、飓风或其他自然灾害。如发生不可抗力事件，本 PSA 所述期限，包括但不限于交割日，应视为延长至使受影响方得以按照本 PSA 履行所必需的时间；但如不可抗力事件使交割日延迟超过 30 日，任一方均可终止本 PSA，其后果与买方拒绝该船舶时相同。\n\n8. 违约。尽管本协议有任何相反规定，如未于到期时支付保证金，或因买方未履行义务而未完成交割，包括但不限于未于交割日前支付余款或签署完成购买所必需的全部文件：(i) 保证金应由卖方和经纪人保留（如未支付保证金，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，作为本 PSA 的对价，并作为双方当事人之间所有请求权的完全和最终解决；(ii) 销售经纪人应向买方返还；及 (iii) 双方当事人将解除其在本 PSA 项下的全部义务。买方和卖方同意，保证金应首先用于支付买方或经纪人就该船舶产生的任何未付成本或费用，然后百分之五十 (50%) 分配给卖方，百分之五十 (50%) 分配给经纪人；经纪人应按照如交易已完成时佣金本应分配的相同比例进行分配。如因卖方未履行义务而未完成交割，则保证金及买方依本 PSA 已支付或存入的任何其他款项，应于买方要求时退还给买方，或者买方有权请求特定履行；鉴于该船舶的独特性、证明损失的困难以及其他充分救济的不便或不可能性，该特定履行救济属合理。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相同佣金。\n\n9. 销售税和使用税。如适用，买方购买该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销售经纪人支付应付税款。买方特此就其应负责的任何销售税或使用税，对卖方及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该船舶提供的任何信息均属真实且正确，并善意提供该等信息，但不作出且无法作出该等信息准确性的保证。买方于交割时保证并陈述，其 (A) 将已对该船舶进行全面检查及试航（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（无论口头或书面、在本 PSA 之前或与本 PSA 同时作出）。交割时，买方将被视为已按该船舶“现状”接受该船舶。卖方和经纪人未作出任何明示或默示保证，亦未就该船舶的状况、其适用于任何特定用途或适销性作出任何陈述，且所有该等保证和陈述均予否认。\n\n11. 融资。买方的义务不以获得融资为条件。买方声明，如有必要，其将安排融资。买方与卖方确认，经纪人未就买方获得融资的能力、买方就该船舶获得任何类型抵押贷款的资格，或买方在任何司法管辖区对该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。各方可签署任意数量的内容相同的本购买及销售协议（PSA）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），如同签名均载于同一文书之上。\n\n13. 约束效力；同期合同；未来销售。本购买及销售协议对所有各方、其继承人、遗产代理人和/或受让人均具有约束力。在本购买及销售协议有效期间，卖方不得出售该船舶，亦不得订立任何出售该船舶的合同。如未依照本购买及销售协议的条款完成出售，且买方与卖方在本购买及销售协议终止后两年内，就该船舶直接或通过一方拥有或控制的实体订立合同，卖方同意向经纪人支付一笔金额，其数额与经纪人如本购买及销售协议所设想的交易完成交割本应获得的佣金相同。\n\n14. 托管资金。各方确认：(a) 在资金清算并进入销售经纪人的账户之前，销售经纪人不对定金负责；(b) 资金清算后，销售经纪人应以托管方式持有定金，且任一经纪人从任一方收到的任何其他资金均应为该方以信托方式持有；(c) 销售经纪人可在支付定金或向卖方付款之前保留应付给经纪人的佣金；及(d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方应就以任何方式与该争议有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，该义务由托管资金上的留置权担保）以及与佣金请求有关的费用和成本，对经纪人进行赔偿；但经不可上诉的终局判决认定故意不当行为或存在重大过失的经纪人除外。\n\n见补充协议。15. 附加条款。\n\n16. 其他。本购买及销售协议，包括其附件和附表，构成各方就本协议标的事项达成的完整协议，并取代与此有关的所有先前及同期的书面、口头或其他形式的谈判、保证及谅解。如经纪人成为涉及本购买及销售协议的任何诉讼的一方，则应由被认定违反本购买及销售协议的一方或多方，在审前、审判及上诉各阶段偿还经纪人的成本和律师费。如本协议各方之间就本购买及销售协议标的事项发生任何争议，胜诉方（包括经纪人）有权获得所有审前、审判和上诉程序中的合理开支、律师费及成本。如本购买及销售协议的任何条款、条件或规定因任何理由被认定为不可执行，则应在可能的范围内将其解释为实现本购买及销售协议的意图，而非予以排除。无论如何，本购买及销售协议的所有其他条款、条件和规定均应视为有效且可执行。除本协议明确规定外，不存在其他明示、默示或其他形式的职责、义务、责任或保证。本购买及销售协议不得修改或变更，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，并可通过亲自交付、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。买方可将本购买及销售协议转让给\n\n买方姓名首字母：\n\n@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卖方姓名首字母：\nCase 22-50073 Doc 1930-24 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 7 of Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 189 of\n\n买方：　卖方：\n\n正楷姓名：__　正楷姓名：\n职务：\n日期：\n\n正楷姓名：　金额：\n\n职务：　日期：\n\n买方姓名首字母：　卖方姓名首字母：\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。　修订版 3.10.20\n经纪船舶购买及销售协议补充协议（以下简称“补充协议”），于 May 30, 2023 签署，由：(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；及(ii)\n\n本文使用但未定义的首字母大写术语，具有与 Lady May 有关、于 May 30, 2023 签署的《经纪船舶购买及销售协议》（以下简称“PSA”）中规定的含义。为免疑义，对购买及销售协议的任何提述（无论载于本购买及销售协议或本补充协议中）均指经本补充协议修改后的购买及销售协议。\n\n- 1. Luc A. Despins（卢克·A·德斯平斯）仅以其作为 Ho Wan Kwok（郭文贵）遗产第11章受托人的身份作为本购买及销售协议的一方，而非以其个人身份。因此，买方不得针对 Luc A. Despins（卢克·A·德斯平斯）个人或 Paul Hastings LLP（普衡律师事务所）提出任何请求。\n\n- 2. 本购买及销售协议及其中所有条款均须经 United States Bankruptcy Court for the District of Connecticut（美国康涅狄格州联邦破产法院，以下简称“破产法院”）批准；Ho Wan Kwok（郭文贵）的第11章案件，案号 Case No. 22-50073（以下简称“第11章案件”），正在该法院审理。\n\n- 3. 尽管本购买及销售协议中有任何相反规定，破产法院对有关或因本购买及销售协议引起的任何请求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，放弃其目前或将来可能对审判地或破产法院提出的任何异议，同意所有与本购买及销售协议有关的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本购买及销售协议有关的任何请求。为免疑义，兹删除本购买及销售协议第17条中有关对涉及本购买及销售协议的任何争议进行仲裁的所有规定。\n\n- 4. 尽管本购买及销售协议中有任何相反规定，本购买及销售协议受 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\n- 5. 本购买及销售协议第1条第四句和第五句现修改如下：\n\n“船舶”亦包括截至本购买及销售协议日期位于船上和/或列入船舶挂牌说明书的所有装备、机械、设备、家具、燃料、消耗品，以及所有已登记或未登记的小艇、玩具、物品和附属物。除卖方或挂牌经纪人于以下较早日期提供的除外清单所列项目外，不设除外清单：(a) 生效日期起五日，或(b) 接受/拒绝日期；该等项目不包括在本次出售中。如买方接受该船舶，则视为买方已接受除外清单。为免疑义，根据本购买及销售协议，Lady May II 不作为该船舶出售的一部分。\n\n6. 本购买及销售协议第1条第八句现修改如下：\n\n如根据本购买及销售协议出售该船舶涉及以旧换新折抵，则该以旧换新的条件应受所附《以旧换新船舶补充协议》管辖。\n\n7. 本购买及销售协议第2条现修改如下：\n\n于 , 2023，买方应将定金支付至销售经纪人的账户，如下文确认，作为购买价款的定金，并应依照本购买及销售协议的条款以托管方式持有。在定金清算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、检验及其他检查。\n\n8. 本购买及销售协议第3条现修改如下：\n\n买方购买该船舶的义务，以买方自行决定对该船舶的试航和检验感到满意为条件；但买方可选择不对该船舶进行检查；然而，买方仅可在验船师（应为日常业务从事检验与该船舶质量和价值相近船舶的合格海事验船师）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，或使该船舶不适航的缺陷时，拒绝该船舶。为免疑义，买方不得基于任何其他理由拒绝该船舶。如买方决定对该船舶进行检查：(a) 买方应选择验船师；(b) 验船师而非经纪人应对检验中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验船师；(c) 卖方应提供该船舶供检查，且买方应在切实可行的情况下尽快完成试航和检验，以便于接受/拒绝日期当日或之前完成试航和检验；(d) 卖方应支付试航的所有运行费用并承担与试航相关的风险，买方应支付检验的所有费用，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检验和试航的范围，以评估该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送达关于接受或拒绝该船舶的书面通知。无论买方是否已检查该船舶，如其未依照本购买及销售协议及时发出拒绝通知，则视为买方已接受该船舶。买方接受该船舶后，在交割（定义见第4段）之前，除将该船舶移至交付地点外，卖方不得以任何方式使用该船舶。如买方依照本购买及销售协议拒绝该船舶或被视为拒绝该船舶，且未以其他方式违反本购买及销售协议，则在代表买方发生的所有费用均已支付后，(i) 销售经纪人应将定金退还买方；(ii) 本购买及销售协议终止；以及(iii) 各方和经纪人应免除本协议项下的任何进一步责任。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的费用。\n\n9. 本购买及销售协议第4条第六句现修改如下：\n\n于交割时，买方应向卖方支付余额（但受第6段约束），定金应在扣除紧接下一句所述款项后，和/或通过电汇支付给销售经纪人以转交卖方。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（须经破产法院批准），或(ii) 任何其他权利负担持有人的任何款项，应由销售经纪人在向卖方支付资金之前从应付卖方的金额中扣除，并应在向卖方释放定金之前从定金中支付给经纪人。为免疑义，破产法院批准将该船舶出售给买方的命令应规定，该船舶不附带任何权利负担而出售，任何权利负担转而附着于出售所得款项。\n\n10. 本购买及销售协议第5条第二句现修改如下：\n\n如挂牌经纪人和销售经纪人为同一经纪公司，各方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；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) 经纪人就该船舶的出售对买方不承担任何义务，亦不得未经买方同意向卖方披露买方愿意支付高于报价的价格。\n\n11. 现将 PSA（买卖协议）第 6 条第二句修改如下：\n\n在交割前不少于两 (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) 已支付或解除所有负担的证明（将在交割时全额偿付的负担除外），该证明可以是破产法院（Bankruptcy Court）作出的批准出售该船舶的命令（且该命令应规定该船舶出售给买方时不附带任何负担）；(c) 卖方作出的保证及赔偿，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，则卖方实益所有人作出的个人保证及赔偿，保证卖方在本第 6 段中的陈述和保证；及 (e) 向买方转让有效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 条第二句和第三句修改如下：\n\n如在买方验收后船舶受损，且必要的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 日，则卖方可自行选择：(a) 卖方必须在交割前按照良好的航海惯例进行修理，使船舶恢复至受损前的标准，且买方可检查该修理；在该情况下，(b) 买方必须支付余款并接收经修理后的船舶；以及 (c) 交割日期将按修理期间的长度予以延长。如在买方验收后船舶受损程度更为严重，或卖方未行使前一句所述选择权，任何一方均可终止本 PSA，其后果与买方拒绝接受该船舶时相同。\n\n13. 现将 PSA 第 8 条修改如下：\n\n尽管本协议有任何相反规定，如保证金未在到期时支付，或因买方未履行义务而未完成交割，包括但不限于未在交割日期前支付余款或签署完成购买所必需的全部文件：(i) 保证金应由卖方和经纪人保留（或如保证金未支付，买方应向其支付同等金额），作为约定的违约赔偿金，作为签署本 PSA 的对价，并完全解决各方之间的所有索赔；(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；以及 (iii) 各方将解除其在本 PSA 项下的全部义务；但前提是，如在破产法院批准本 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 的金额；如船舶最终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委聘函）。买方和卖方同意，保证金应首先用于支付买方或经纪人就该船舶产生的任何未支付成本或费用，随后按百分之五十 (50%) 分给卖方、按百分之五十 (50%) 分给经纪人；经纪人应按如出售已完成时佣金本应分配的相同比例分配该款项。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），保证金及买方根据本 PSA 支付或存入的任何其他款项，应在买方提出要求时返还给买方，或买方有权请求实际履行。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。如因卖方未履行义务或卖方违约而未完成交割，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，其后果与买方根据本 PSA 拒绝接受该船舶时相同。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 拒绝接受该船舶），卖方有权选择以成本价向买方购买勘验报告；如卖方行使该选择权，买方应在收到该勘验报告成本价的付款后立即向卖方提供完整的勘验报告。\n\n14. 现将 PSA 第 9 条第一句修改如下：\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应缴税款。\n\n15. 现将以下句子加入 PSA 第 11 条第一句之后：\n\n买方声明并保证，其拥有足够的现金和/或融资，以在交割时支付购买价。买方还声明并保证，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 条修改如下：\n\n各方确认：(a) 在资金结清并存入卖方账户之前，卖方不对保证金负责；(b) 资金结清后，卖方应以托管方式持有保证金，任何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) 卖方应根据本 PSA，在向卖方释放或支付保证金或余款之前，向经纪人支付应付佣金；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（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，但破产法院最终且不可上诉的判决认定存在故意不当行为或重大过失的经纪人除外。\n\n17. 现将 PSA 第 16 条第二句和第三句修改如下：\n\n如经纪人成为涉及本 PSA 的任何诉讼的一方，该经纪人应由被认定违反本 PSA 的一方或多方补偿其在所有审前、审判及上诉阶段产生的合理成本和律师费，但破产法院最终且不可上诉的判决认定该经纪人存在故意不当行为或重大过失的除外。如本协议各方之间因本 PSA 标的事项引起任何争议，胜诉方（包括经纪人）有权追回所有审前、审判及上诉程序的合理费用、律师费和成本，但破产法院最终且不可上诉的判决认定该胜诉方存在故意不当行为或重大过失的除外。\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 转让给买方的任何近亲属或买方及/或其任何近亲属拥有或控制的任何实体。除此之外，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\n19. PSA 第 4 页签名栏中的“销售经纪人保证金确认（以资金结清为准）”一语现修改为：“卖方保证金确认（以资金结清为准）”。\n\n卖方\n\n签字：\n\n姓名：Luc A. Despins，作为 Ho Wan Kwok（郭文贵）财产的第 11 章受托人\n\n日期：\nCase 22-50073 Doc 1930-24 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 14 of 14 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 196 of 238\n证据 25\n\n案号 \\_\\_\\_\\_\\_\\_\\_\\_ \\_\n\nAO 386 22-50073 关于：Ho Wan Kwok 受托人第 25 号，June 27, 2023，全部准许，R. Senteio\n\n证据 \\_\\_\\_\\_\\_ \\_\n\n副书记员\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_ 证据\n\n标识\n\n诉\n\n日期\n\n日期\n\n签署人\nBongartz, Alex\n\n发件人：\n\n发送时间：Tuesday, May 30, 2023 3:12 PM\n收件人：DAJ@edmiston.com\n抄送：Despins, Luc A.; Bongartz, Alex\n主题：IFXTI 回复：Lady May 条款\n附件：Offer LADY MAY - May 30 2023.pdf\n后续跟进标记：\n标记状态：跟进\n已完成\n外部电子邮件\n\n您不常收到来自\n\n的电子邮件。了解这为何重要\n\n尊敬的 Dirk：\n\n代表我的客户，随附 LADY MAY 的一份要约。我了解到该要约低于受托人所寻求的门槛，但我有义务向我的客户提交该要约。\n\n根据先前的交易经验，该客户行动非常迅速，我认为其会在 July 20 日期之前完成交割。\n\n关于附录，我们深表歉意，因为我们没有收到一份清洁版本——已签署版本为红线版本。\n\n预先感谢您的考虑；如有任何问题，请随时联系我。祝您出售顺利。\n\n此致，\n\n转发邮件开始：\n\n发件人：“Bongartz, Alex” 日期：May 26, 2023 at 10:56:41 AM EDT 收件人：Dirk Johnson 抄送：“Despins, Luc A.” 主题：回复：Lady May 条款\n\n就我以下的电子邮件作进一步说明，请参阅所附附录的更新草案（清洁版和红线标记版，显示相对于我昨天午后发送给您的版本所作的修改）。\nCase 22-50073 Doc 1930-25 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 3 of 17 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 199 of 238\n\n对附录所作的唯一修改是增加第 19 条，该条澄清由卖方（而非销售经纪人）确认收到保证金（与我们对 PSA 作出的其他修改一致，即规定保证金发送至卖方账户）。\n\n此致，\n\nAlex\n\n发件人：Bongartz, Alex 发送时间：Thursday, May 25, 2023 5:07 PM 收件人：“Dirk Johnson” ；抄送：Despins, Luc A. 主题：回复：Lady May 条款\n\n尊敬的：\n\n就 Dirks 以下的电子邮件作进一步说明，请参阅所附：\n\n1. 标准格式的购买和销售协议（“PSA”），其中第 1 页顶部的方框及第 15 条已填写（但未反映任何其他修改）；\n\n2. PSA 附录（“附录”），其中列载我们对 PSA 作出的修改；以及\n\n3. PSA 整合副本的清洁版和红线版，显示我们对 PSA 正文所作的修改。\n\n我们制作了定稿PSA（购买和销售协议）的修订痕迹版本，以说明我们的修改，这可能是最有用的审阅文件。然而，具有法律效力的文件将是标准格式的PSA连同附加协议。\n\n正如Dirk在其下方电子邮件中提到的，如您拟修改PSA格式，请将该协议的标注修订稿作为您出价的一部分提交（该等修改，如有，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\n\nG. Alexander Bongartz　Of Counsel　金融重组组　Paul Hastings LLP（保罗·黑斯廷斯律师事务所）　200 Park Avenue, New York, NY 10166　直线电话：+1.212.318.6472　总机：+1.212.318.6000　传真：+1.212.303.7072　alexbongartz@paulhastings.com　www.paulhastings.com\n\n案件 22-50073　文书 1930-25　提交日期 06/22/23　录入日期 06/22/23 18:40:24　第 4 页，共案件 22-50073　文书 1968　提交日期 06/30/23　录入日期 06/30/23 15:37:05　第 200 页，共\n\n17 238\n\n发件人：Dirk Johnson 　发送时间：Wednesday, May 24, 2023 1:06 PM\n收件人：\n\n抄送：Desp ins, Luc A. ；Bongartz, Alex 　主题：[外部] Lady May 条款\n—— 外部电子邮件 ——\n尊敬的：\n\n代表目前在District of Connecticut（康涅狄格地区）待决的第11章案件中代表Lady May的受托人，我们感谢您此前就46米2014年建造的Feadship Lady May提出的报价及所表达的兴趣。鉴于Lady May已收到数名潜在买方的报价，我们邀请所有有意方在Tuesday, May 30th at 5:00 p.m. (EST)之前提交其最佳及最终报价。该等报价应发送给受托人，电子邮箱为lucdespins@paulhastings.com。为加快程序，该等报价的条款应包括以下内容：\n\n仅受托人将考虑购买价超过$20,000,000的报价；\n\n报价必须以受托人的购买协议格式为基础（我们将在明日，即Thursday, May 25营业结束前向您提供该协议格式）；\n\n如您拟修改该购买协议格式，请将该协议的标注修订稿作为您出价的一部分提交（该等修改，如有，将在确定最高和／或最佳报价时予以评估）；\n\n中标报价必须规定支付20%的定金，该定金必须在该报价被选定为中标报价后48小时内到账；\n\n如中标买方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，如检验显示存在影响Lady May或其机械设备或系统运行完整性的缺陷，或致使Lady May不适航，购买协议将允许买方终止该协议）；\n\n购买协议必须于June 9th前签署；\n\n接受／拒绝（以检验结果为依据）应于June 28th前作出；\n\n如中标买方未能以购买协议中规定的价格完成购买，第11章受托人可自行选择按成本向买方购买该检验报告；\n\n交割应在可行的情况下尽快于July 20th当日或之前完成；以及\n\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的关注。如有问题，请随时致电联系我。\n\n谨致问候，Dirk Johnson　Edmiston\n\n案件 22-50073　文书 1930-25　提交日期 06/22/23　录入日期 06/22/23 18:40:24　第 5 页，共 17 页　案件 22-50073　文书 1968　提交日期 06/30/23　录入日期 06/30/23 15:37:05　第 201 页，共 238 页\n\nDirk Johnson\n\n销售经纪人\n\n电话 +1 401 619 2200　手机 +1 401 965 9189　Edmiston\n\nTwo Marina Plaza Goat Island Newport Rhode Island, 02840, USA\n\n销售　租赁　新建造　管理\n\n网络诈骗警告——请勿在未先与我方面对面确认的情况下，接受任何通过电子邮件发送的账户资料变更通知。EDMISTON不对转入错误账户的资金承担责任。\n\n法律通知\n\n本电子邮件中的信息属保密信息，并可能受法律特权保护。其仅供收件人使用。任何其他人士均无权访问本电子邮件。如您并非预定收件人，任何披露、复制、分发或基于该电子邮件采取或未采取的任何行动均被禁止，且可能违法。如您无意中收到本电子邮件，请将其删除并立即联系发件人。\n\n案件 22-50073　文书 1930-25　提交日期 06/22/23　录入日期 06/22/23 18:40:24　第 6 页，共案件 22-50073　文书 1968　提交日期 06/30/23　录入日期 06/30/23 15:37:05　第 202 页，共\n\n17 238\n\n基于该电子邮件采取行动即属禁止，且可能违法。如您无意中收到本电子邮件，请将其删除并立即联系发件人。\n\n\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\n\n本信息由律师事务所发送，可能含有受特权或保密保护的信息。如您误收本传送信息，请通过回复电子邮件通知发件人，并删除该信息及任何附件。如您回复本信息，Paul Hastings可能收集个人信息，包括您的姓名、企业名称及其他联系详情和IP地址。有关Paul Hastings的信息收集、隐私及安全原则的更多信息，请点击此处。如有任何问题，请联系Privacy@paulhastings.com。\n\nINTERNATIONAL YACHT BROKERS ASSOCIATION（国际游艇经纪人协会）\n经纪船舶购买和销售协议\n\n买方：　卖方：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地址：　地址：c/o Paul Hastings LLP, 200 Park Avenue\nNew York, New York 10166\n国籍：　国籍：U.S.\n船舶名称：Lady May　制造商：Feadship\n型号：半排水型机动游艇　总长度：44.25m\n年份：2014　文件或登记编号：745195　船旗：Cayman Is.\n船体编号：688　发动机说明：柴油（Caterpillar）\n销售经纪人：　挂牌经纪人：Edmiston & Company Limited\n重要日期　购买价\n报价日期：May 30, 2023　购买价：$16,100,000.00\n报价到期日：June 9, 2023　减：定金：$3,220,000.00［购买价的20%］\n接受／拒绝日期：June 28, 2023　减：以旧换新折让（见附加协议）：不适用\n交割日期：于July 20, 2023当日或之前　余额：$12.880,000.00\n\n交付地点：Rhode Island海岸外国际水域　注：如船舶须移至交付地点，必须精确指明。仅列明港口或城市不足够。\n\n包括的额外已登记船舶　是＿＿　否\n\n1. 协议。买方同意购买，卖方同意按照本购买和销售协议（“SA”）所载条款和条件，出售上述船舶中的全部权利、所有权及权益。本PSA中使用的首字母大写术语，除非本协议另有定义，均指上表中的相应术语。本PSA的“生效日期”是双方签署之日。“船舶”还包括本协议签订时船上和／或船舶挂牌规格中包括的所有装备、机械、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，但不包括卖方于以下较早日期前提供的除外清单所列项目：（a）生效日期后五日，或（b）接受（拒绝）日期；该等项目不包括在本次出售中。如买方接受船舶，即视为其已接受除外清单。挂牌经纪人和销售经纪人以下统称为“经纪人”。如存在以旧换新折让，则该以旧换新将受所附《以旧换新船舶附加协议》管辖。如任何一方未能于到期日前签署本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），买方应将定金支付至销售经纪人的账户，如下文确认，作为根据本PSA条款支付购买价的定金。卖方可拒绝允许买方在定金存入销售经纪人托管账户之前继续进行船舶的试航、检验及其他检查。\n\n3. 检验选择权；船舶的接受；检验条件。买方购买船舶的义务，以买方自行决定对船舶试航和检验的满意程度为条件，但买方可选择不对船舶进行检查：（a）买方将选择检验员；（b）检验员而非经纪人将是就检验中的任何错误或遗漏承担唯一责任的一方，尽管经纪人向买方提供了信息并协助买方聘请检验员；（c）卖方应使船舶可供检验，买方应在可行的情况下尽快进行试航和检验；（d）卖方应支付试航的全部运行费用并承担与试航有关的风险，买方应支付检验的全部费用，包括相关费用，例如起吊、干船坞及分包商收费；（e）买方及其检验员将全权负责确定试航，以评估船舶是否符合要求。买方应于接受／拒绝日期当日或之前向卖方及挂牌经纪人交付书面拒绝或接受船舶的通知。无论买方是否已检查船舶，如其未及时发出接受船舶的书面通知，即视为已接受船舶。买方接受船舶后，卖方在交割前（定义见第4段）不得移动船舶，但移至交付地点除外。如买方拒绝或被视为拒绝船舶，在代买方发生的全部费用支付后，（i）销售经纪人应向买方返还定金；（ii）本PSA将终止，经纪人将免除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所需的费用。\n\n买方姓名首字母：\n\n©2020 International Yacht Brokers Association。保留所有权利。\n\n卖方姓名首字母：\n\nRev.3.10.20\n\n本表格专供IYBA会员使用和受益。双方及经纪人特此免除IYBA因使用本表格所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所有保证，包括适销性及特定用途适用性的保证。\n\n4. 交割。船舶所有权转移（“交割”）应于交割日期在交付地点进行，同时支付买方应付的全部款项，并交付将良好且可转让的所有权转移给买方所必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，或该等款项正由托管持有，且托管条件仅为将船舶交付至交付地点并向买方交付文件，否则卖方不得将船舶移至交割地点。交割可通过隔夜快递或电子方式协助完成。卖方应在交付地点将船舶（定义见第1段）交付给买方，但试航期间及前往交付地点的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）转移给买方所必需的全部文件。买方应通过电汇向卖方支付余额（受第6段约束），和／或向销售经纪人支付以转交卖方。卖方欠付（i）经纪人的佣金、存储、保险、维修和／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，应在销售经纪人向卖方拨付资金前予以扣除；卖方特此不可撤销地指示任何定金持有人按照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，销售经纪人是促成本买卖协议（PSA）的唯一经纪人。如挂牌经纪人与销售经纪人为同一经纪人，双方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，则该经纪人可以向双方披露其所知的、对船舶价值或吸引力有重大影响的事实；但在此情况下，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。如销售经纪人与挂牌经纪人不同，则挂牌经纪人仅代表卖方，且不对买方负有任何义务，无论该等义务是否为信义义务；销售经纪人仅代表买方，且不对卖方负有任何义务，无论该等义务是否为信义义务（尽管其报酬由卖方支付）。经纪人仅有义务履行本协议中明确规定的职责，不得将任何默示职责或义务解读为本买卖协议的一部分。卖方应独自负责支付本协议所载与出售船舶有关而应付给经纪人的佣金。各方均向另一方陈述并保证，其在向买方出售船舶过程中未雇用或与任何其他经纪人、代理人或居间人交易，并确认经纪人为本买卖协议的第三方受益人。\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交易的所有权，该所有权不存在任何债务、请求权、海事或普通法留置权、担保权益、负担、消费税及应付给任何州、国家或任何种类监管机构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（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) 已支付或解除所有负担的证明（将在交割时全额支付的负担除外）；(c) 就卖方在本第6条中的陈述和保证作出的保证及赔偿；(d) 如卖方为法人实体，则由卖方受益人作出的个人保证及赔偿，以保证卖方在本第6条中的陈述和保证；以及 (e) 向买方转让良好且可交易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所要求的出售授权有关的任何费用，并应充分合作以取得该等授权。任何一方均应于交割前向另一方提供：(i) 其根据该实体设立所在司法管辖区法律处于良好存续状态的证明；(ii) 表明该实体已正式授权作出购买或出售决定的同意行为或决议，以及交付或接受本买卖协议和/或买卖文件的个人的授权；(iii) 证明交付或接受船舶的个人具有授权的授权委托书；以及 (iv) 就卖方而言，其电汇信息。\n\n7. 灭失风险；不可抗力。交割前的船舶风险由卖方承担。若在买方验收后船舶受损，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：(a) 卖方必须按照良好海事实践进行维修，使船舶恢复至紧接损坏前的标准，且买方可检查该等维修；(b) 买方必须支付余款并接收经维修的船舶；及 (c) 交割日应按维修期间予以延长。若在买方验收后船舶受损程度更为严重，任何一方均可终止本买卖协议，其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，均应在为适应超出该方合理控制范围的不可预见事件所必需的限度内暂停（“不可抗力事件”），包括但不限于恐怖主义行为、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、飓风或其他自然灾害。如发生不可抗力事件，本买卖协议所述的期限，包括但不限于交割日，应视为延长为使受影响一方得以依照本买卖协议履行义务所需的时间；但如不可抗力事件导致交割日延迟超过30日，任何一方均可终止本买卖协议，其后果与买方拒绝接受船舶时相同。\n\n8. 违约。买方不履行义务。买方姓名首字母：\n\n尽管本协议有任何相反规定，如保证金未按期支付，或因买方不履行义务而未完成交割，包括但不限于未于交割日前支付余款或签署完成购买所需的全部文件：\n\n卖方姓名首字母：\n\n(i) 保证金应由销售经纪人留存（或如保证金尚未支付，买方应支付同等金额），并作为本买卖协议的对价，作为双方之间所有请求权的完全和解，以约定的清算损害赔偿金支付给卖方和经纪人；(i) 销售经纪人应向买方返还；以及 (ii) 双方应免除本买卖协议项下的所有义务。买方与卖方同意，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费用或支出，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；经纪人之间应按如交易已完成时其本应获得佣金的相同比例进行分配。如因卖方不履行义务而未完成交割，则根据本买卖协议由买方支付或存入的保证金及任何其他款项，应在买方提出要求时返还给买方，或买方有权请求强制履行。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充分救济的不便或不可能性，强制履行是合理的。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相同佣金。\n\n9. 销售税和使用税。买方购买船舶应支付的销售税或使用税，如适用，均由买方负责，买方应在交割时向销售经纪人支付应缴税款。买方特此就其应负责的任何销售税或使用税向卖方作出赔偿并使卖方免受损害。\n\n10. 陈述与保证。卖方和经纪人相信，其任何一方就船舶提供的任何信息均属良好且正确，并善意提供该等信息，但并未且不能保证该等信息。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），并且 (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（无论为口头或书面，且无论在本买卖协议之前或与本买卖协议同时作出）。交割后，买方应视为已按船舶“按现状”条件接受船舶。卖方和经纪人未作出任何明示保证，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，前述全部均予以否认。\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。买方和卖方确认，经纪人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为船舶办理文件或登记的能力，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），其效力如同签名载于同一份文书上。\n\n13. 约束效力；同时存在的合同；未来出售。本买卖协议对所有双方、其继承人、遗产代理人和/或受让人均具有约束力。在本买卖协议有效期间，卖方不得出售船舶或订立出售船舶的合同。如未依本买卖协议条款完成出售，且在本买卖协议终止后的两年内，卖方与买方，无论直接或通过一方拥有或控制的实体，就船舶订立合同，卖方应向经纪人支付与经纪人在本买卖协议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) 销售经纪人对尚未结算进入销售经纪人账户的资金不负责任；(b) 资金结算进入销售经纪人账户后，销售经纪人应以托管方式持有保证金；(c) 销售经纪人可在向卖方支付保证金或余款之前保留应付给经纪人的佣金；及 (d) 对于涉及经纪人持有的任何资金的任何争议，买方和卖方应就与该争议以任何方式有关的法律费用和成本，包括任何上诉中产生的费用和成本，向经纪人作出赔偿（该义务以托管资金上的留置权作担保），以及与佣金有关的费用和成本；但最终不可上诉判决认定某经纪人故意不当行为或存在重大过失的情形除外。\n\n15. 附加条款。见附录。\n\n16. 杂项。本买卖协议，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，并取代此前及同时存在的所有与此有关的书面、口头或其他形式的陈述、保证和谅解。任何经纪人如成为涉及本买卖协议的任何诉讼的一方，则应由被认定违反本买卖协议的一方或多方，在所有审前、审判及上诉阶段，偿还其费用和律师费。如本协议双方之间发生任何因本买卖协议引起的争议，胜诉方（包括经纪人）有权追回所有审前、审判和上诉程序中的合理费用、律师费和成本。如本买卖协议的任何条款、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买卖协议的意图，而非予以排除。在任何情况下，本买卖协议的所有其他条款、条件均应视为有效且可执行。\n\n不存在任何未在本协议中规定的权利、义务、责任或保证，无论为默示或其他。本买卖协议不得修改，除非以书面形式作出并由买方和卖方签署。由代表任何一方的律师或经纪人发出或送达给该律师或经纪人的通知和交付，应视为由该方发出或送达给该方。所有通知必须以书面形式作出，并可通过亲自递送、隔夜快递、传真、电子邮件或其他电子方式送达，并应于送达时生效。买方可将本买卖协议转让给\n\n买方姓名首字母：\n\nRev. 3.10.20\n\n卖方姓名首字母：\nCase 22-50073 Doc 1930-25 Filed 06/22/23 Entered 06/22/23 18:40:24 Page 10 Case 22-50073 Doc 1968 Filed 06/30/23 Entered 06/30/23 15:37:05 Page 206 of\n\nof 17 238\n\n对于审判地或审理地便利性提出的任何异议；进一步同意不在任何其他法院或仲裁机构提起与本协议有关的任何请求。双方在有机会寻求法律顾问意见后，放弃就本协议项下产生的、无论针对彼此还是任何经纪人的请求由陪审团审理的权利。\n\n买方　卖方：\n正楷姓名：　正楷姓名：\n职务：　职务：\n日期：　日期：\n\n买方姓名首字母：　卖方姓名首字母：\nDoga A of A　13000 International Variat Designer Recogiation All vighte racomina　Rev. 3.10.20\n\n案号 22-50073，文件 1968，提交于 06/06/22，录入于 06/06/22 23:38:00，第 2007 页（共 2101 页），0387\n\n经纪船舶购买和销售协议补充协议，于 May 30, 2023 由以下双方签署：(i) Luc A. Despins（卢克·A·德斯平斯），作为 Ho Wan Kwok（郭文贵）遗产的 Chapter 11 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大写术语，应具有就 Lady May（Lady May号）于 May 30, 2023 签署的《经纪船舶购买和销售协议》（以下简称“PSA”）中所规定的含义。为免疑义，任何对 PSA 的提及（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 遗产的 Chapter 11 受托人身份作为 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 Paul Hastings LLP（宝盛律师事务所）为对象提出任何形式的请求。\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 Chapter 11 案件，即案号 22-50073（以下简称“Chapter 11 案件”），正在该法院审理中。\n\n3. 尽管 PSA 中有任何相反规定，破产法院对与 PSA 有关或因 PSA 产生的任何请求或争议享有专属管辖权，双方及各经纪人不可撤销地接受破产法院的专属管辖，放弃其现时或日后可能就审判地或审理地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 节中关于仲裁任何涉及 PSA 的争议的所有规定，现予删除。\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\n5. PSA 第 1 节第四句和第五句现修改如下：\n\n“船舶”还包括截至本 PSA 日期位于船舶上及/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、物品和附属物。不设除外项目清单。本协议项下不包括卖方或挂牌经纪人在以下较早日期提供的除外项目清单中所列物品：(a) 生效日起五日；或 (b) 接受/拒绝日期。若买方接受船舶，则视为买方已接受除外项目清单。为免疑义，Lady May II 不构成依本 PSA 出售船舶的一部分。\n\n6. PSA 第 1 节第八句现修改如下：\n\n如根据本 PSA 出售船舶涉及以旧换新折让，则以旧换新的条件应受随附的《以旧换新船舶补充协议》管辖。\n\n7. PSA 第 2 节现修改如下：\n\n卖方签署本 PSA 后 -- 个营业日内（如未填写则为 3 个营业日），于 2023 年 --- -- ]，买方已支付/应向卖方销售经纪人的账户支付定金，如下文确认，作为购买价款的定金，并应依本 PSA 条款予以托管。在定金结清并存入卖方销售经纪人的托管账户前，卖方可拒绝允许买方进行船舶试航、检验及其他检查。\n\n8. PSA 第 3 节现修改如下：\n\n买方购买船舶的义务以买方自行决定对船舶试航和检验的结果满意为条件，但买方可选择不对船舶进行检查；但条件是，买方仅可在检验师（应为日常业务从事与该船舶质量和价值相近船舶检验的适格船舶检验师）书面证明其发现影响船舶、其机械或其系统的运行完整性的缺陷，或使船舶不适航的缺陷时，拒绝接受船舶。为免疑义，买方不得以任何其他理由拒绝接受船舶。若买方决定对船舶进行检验：(a) 买方应选择检验师；(b) 检验师而非经纪人应为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，且买方应在合理可行的最早时间完成试航和检验，以使检验于接受/拒绝日期前完成；(d) 卖方应支付试航的所有运行费用并承担与试航相关的风险，买方应支付检验的所有费用，包括相关费用，例如船舶上排、干船坞和分包商费用；(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；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的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，则视为买方已接受船舶。买方接受船舶后，除将船舶移至交付地点外，卖方在交割（定义见第 4 段）前不得使用船舶。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，则在代表买方产生的所有费用均已支付后，(i) 卖方销售经纪人应向买方返还定金，(ii) 本 PSA 将终止，及 (iii) 双方和各经纪人将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检验期间发现的任何缺陷或不足所需的费用。\n\n9. PSA 第 4 节第六句现修改如下：\n\n在交割时，买方应向卖方支付余款（受第 6 段约束），且定金应予释放给卖方，但须扣除紧接下一句所述款项，及/或通过电汇释放给销售经纪人以转交卖方。卖方欠付 (i) 经纪人的佣金、保管费、保险费、维修费及/或其他项目的任何款项（均须经破产法院批准），或 (ii) 任何其他产权负担持有人的任何款项，应由销售经纪人在向卖方拨付资金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根据本协议条款从定金中向经纪人支付佣金，并在向卖方释放定金前支付给经纪人。为免疑义，破产法院批准向买方出售船舶的命令应规定，该船舶系在无任何产权负担的情况下出售，任何产权负担应附着于出售所得款项。\n\n10. PSA 第 5 节第二句现修改如下：\n\n如挂牌经纪人和销售经纪人属于同一家经纪公司，双方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，并且该经纪人可向双方披露其所知的、对船舶价值或吸引力有重大影响的事实；但条件是，在此情形下，(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；及 (b) 未经买方同意，经纪人不得向卖方披露买方愿支付高于报价的价格。\n\n11. PSA 第 6 节第二句现修改如下：\n\n交割前不少于两 (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），该证明可以是破产法院作出的批准出售船舶的命令（该命令应规定船舶系在无任何产权负担的情况下出售给买方）；(c) 卖方作出的保证和赔偿，以保证卖方在本第 6 段中的陈述和保证；(d) 如卖方为法律实体，则由卖方实益所有人作出的个人保证和赔偿，以保证卖方在本第 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需的任何其他文件副本。\n\n12. PSA 第 7 节第二句和第三句现修改如下：\n\n如船舶在买方接受后受损，且必要维修的费用低于购买价款的百分之五 (5%)，并且完成维修所需时间少于 30 日，则卖方必须在交割前按照良好船舶惯例进行维修，使其恢复至紧接损坏前的船舶标准，且买方可检查该维修；在此情况下，(a) 买方必须支付余款并接收经维修后的船舶，及 (b) 交割日期应按维修期间的长度顺延。如船舶在买方接受后受损程度更大，或者卖方未行使前述句子中的选择权，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\n13. PSA 第 8 节现修改如下：\n\n尽管本协议另有相反规定，如保证金未在到期时支付，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之前支付尾款或签署完成购买所需的全部文件：(i) 保证金应由卖方和经纪人留存（或如保证金未支付，买方应向卖方和经纪人支付同等金额），作为约定的违约损害赔偿金及签署本PSA的对价，以完全解决双方之间的所有索赔；(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；以及 (iii) 双方应免除本PSA项下的全部义务；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，卖方应从保证金中向挂牌经纪人支付等于 $200,000 的金额；如该船舶与其他买方完成出售，该金额应计入并减少挂牌经纪人可赚取的任何佣金（根据其与卖方签订的委聘函）。买方和卖方同意，保证金应首先用于支付买方或经纪人就该船舶产生的任何未支付成本或费用，然后其中百分之五十（50%）分配给卖方，百分之五十（50%）分配给经纪人；经纪人应按照如已完成出售时佣金本应分配的相同比例进行分配。如因卖方不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），则根据本PSA由买方支付或存入的保证金及任何其他款项，应在要求时返还给买方，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，实际履行是合理的。如因卖方违约导致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该交易已完成交割本应支付的同等佣金；但破产法院拒绝批准本PSA不构成卖方不履行义务。如破产法院不批准本PSA，本PSA应视为终止，其后果与买方依照本PSA拒绝该船舶时相同。尽管本PSA中有任何相反规定，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) 破产法院不批准本PSA，或 (c) 买方依照本PSA拒绝该船舶），卖方有权选择以成本价向买方购买勘验报告；如卖方行使该选择权，买方应在收到该勘验报告成本的付款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，且买方应在交割时向受托人/销售经纪人缴纳到期税款。\n\n15. 现于PSA第11节第一句后增加下列句子：\n\n买方声明并保证，其拥有足够的现金和/或融资以在交割时支付购买价款。买方还声明并保证，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双方确认，(a) 在资金已结算并进入卖方/销售经纪人的账户之前，卖方/销售经纪人不对保证金承担责任；(b) 资金结算后，卖方/销售经纪人应以托管方式持有保证金，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/销售经纪人应依照本PSA付款，并可在向卖方发放/支付保证金或尾款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资金的任何争议中，买方和卖方应就与该争议以任何方式相关的律师费和成本向经纪人作出赔偿，包括任何上诉中产生的费用（该义务以托管资金上的留置权作担保）以及与佣金索赔有关的费用；但经破产法院作出的终局、不可上诉判决认定某经纪人故意不当行为或重大过失的除外。\n\n17. 现将PSA第16节第二句和第三句修改如下：\n\n如经纪人成为涉及本PSA的任何诉讼的一方，除非经破产法院作出的终局、不可上诉判决认定该经纪人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、审判和上诉各阶段偿还该经纪人的合理成本和律师费。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）有权获得审前、审判和上诉所有程序中的合理费用、律师费和成本，除非经破产法院作出的终局、不可上诉判决认定该胜诉方故意不当行为或重大过失。\n\n18. 现将PSA第16节第九句和第十句修改如下：\n\n买方可将本PSA转让给买方的任何直系亲属成员，或由买方和/或其任何直系亲属成员拥有或控制的任何实体。除此之外，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\n19. 在PSA第4页的签名栏中，短语“销售经纪人保证金确认（以资金结算为条件）”现修改为：“卖方保证金确认（以资金结算为条件）”。\n\n卖方\n\n签署人：\n\n姓名：Luc A. Despins，作为Ho Wan Kwok（郭文贵）遗产的第11章受托人\n\n日期：\n\n证物26\n\n案件编号 __________\n\nAO 386 22-50073 关于：Ho Wan Kwok受托人的26号证物，2023年6月27日，R. Senteio全数准入\n\n证物 ______\n\n书记员助理\n\n_____________ 证据\n\n标识\n\n诉\n\n日期\n\n日期\n\n签署人\n\n案件 22225000733 编号:oc:119668 2 EHi:dill:0000000231215851406200220258514052 24 页：289.52 08 238\n\nUNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION（美国康涅狄格州联邦破产法院布里奇波特分院）\n\n关于：　第11章\n\nHO WAN KWOK（郭文贵）等人，1　：案件编号 22-50073 (JAM)\n\n债务人。　：联合管理\n\nDIRK JOHNSON（德克·约翰逊）为支持受托人根据《破产法典》第105条和第363条、《破产程序规则》第2002条、第6004(c)条和第9014条以及地方法则第6004-1条和第6004-2条提出的动议而作出的声明，该动议请求作出命令：(1) 授权并批准出售Lady May号，且不附带任何留置权、索赔、权益及权利负担，(II) 授权并批准购买和销售协议，以及 (III) 准予相关救济\n\n本人，Dirk Johnson（德克·约翰逊），特此根据28 U.S.C. § 1746，在伪证处罚的约束下声明如下：\n\n1. 本人系Edmiston and Company Limited（埃德米斯顿有限公司，以下简称“Edmiston”）的游艇经纪人，其办公地点位于：(a) 2 Marina Plaza, Newport, Rhode Island, 02840；以及 (b) Burleigh Manor, Peel Road, Douglas, Isle of Man, IM1 5EP。\n\n2. 本人经正式授权代表Edmiston作出本声明（以下简称“本声明”），并提交本声明以支持受托人根据《破产法典》第105条和第363条、《破产程序规则》第2002条、第6004(c)条和地方法则第6004-1条和第6004-2条提出的动议，该动议请求作出命令：(I) 授权并批准出售Lady May号，且不附带任何留置权、索赔、权益及权利负担，(II) 授权并批准购买和销售协议，以及 (III) 准予相关救济（以下简称“该动议”）2；该动议系在Ho Wan Kwok（郭文贵）（以下简称“债务人”）的第11章案件中提出，请求作出命令，批准并授权将Lady May号出售给Herb Chambers Yachting, LLC（Herb Chambers游艇有限责任公司，以下简称“买方”）。\n\n3. 自1991年以来，本人一直是在Rhode Island州Newport从事业务的游艇经纪人，并已受雇于Edmiston 2.5年。本人在超级游艇经纪行业约有15年经验。Edmiston是一家专门从事游艇销售的豪华超级游艇经纪公司。Edmiston目前是美国及全球众多游艇的经纪人。此外，在过去约24个月内，Edmiston已售出逾70艘长度超过30米的游艇，是每名经纪人成交量行业平均水平的两倍以上。Edmiston还保持着出售Feadship游艇数量最多的行业纪录（Feadship为Lady May号的建造商）。\n\n4. 2023年4月18日，受托人聘请Edmiston对Lady May号进行营销和出售，该聘用经法院于2023年4月27日作出的命令批准。3 如聘用协议所载，Lady May号约定的挂牌价格为 $26,500,000。\n\n5. 除非下文另有说明，本人对下文所述事项具有个人知情；如被传唤作证，本人能够并将就此作出适格证言。\n\nLady May号的营销\n\n6. 自受聘以来，Edmiston已开展广泛的营销活动，以将Lady May号出售给出价最高者。按照营销Lady May号等豪华超级游艇的行业最佳实践，Edmiston已积极在游艇市场中寻找潜在买方，包括在其自身的潜在买方网络内，以及通过行业内众多其他游艇经纪人进行寻找，并已在线上和印刷媒体上宣传Lady May号。这些营销工作最初侧重于美国境外的居民；在Lady May号转移至Rhode Island州的对外贸易区（以下简称“FTZ”）后，Edmiston将其工作范围扩大至亦包括美国居民。\n\n2. 本文中使用但未另行定义的首字母大写术语，具有该动议中赋予该等术语的含义。\n\n3. Edmiston亦在营销Lady May II号，但该船不包括在本次出售中。\n\n案件 22225000783 编号:oc:119668 2 EHi:dill:000000022312852874052020000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 238\n\n潜在买方，包括在其自身的潜在买方网络内，以及通过行业内众多其他游艇经纪人进行寻找，并已在线上和印刷媒体上宣传Lady May号。这些营销工作最初侧重于美国境外的居民；在Lady May号转移至Rhode Island州的对外贸易区（以下简称“FTZ”）后，Edmiston将其工作范围扩大至亦包括美国居民。\n\n7. 除其他事项外，作为其营销工作的一部分：\n\na. Edmiston（埃德米斯顿）制作了 Lady May（“五月夫人”号）电子宣传册，其中包括照片及其规格说明；该宣传册被纳入向其他游艇经纪人发布的行业范围公告，并发布在 Edmiston 的网站和社交媒体上；\n\nb. Edmiston 开展了直接客户电子邮件营销活动，4 其每月邮件更新中重点推介了 Lady May（发送给约 10,000 名客户及其他潜在感兴趣人士）；\n\nc. Edmiston 在其网站及社交媒体账户上使用了广泛的数字广告营销 Lady May，包括 Instagram、Facebook、LinkedIn 和 YouTube；5\n\nd. Lady May 被移入 Rhode Island（罗得岛州）Newport（纽波特）的 FTZ 后不久，Edmiston 又在其网站和社交媒体上发布了关于 Lady May 的进一步公告。\n\n8. 为使 Lady May 与 Edmiston 的行业经纪人网络建立联系，Edmiston 就新游艇挂牌、销售更新、位置更新、降价及游艇活动发送了单艘及多艘游艇邮件。此外，自受聘以来，Lady May 已在三次商务电子邮件发送中被重点推介，每次均发送给游艇行业约 1,850 名经纪人。此外，2023 年 5 月 3 日，Lady May 亦在 Yatco.com 和 Yachtworld.com 上挂牌；该等网站为集中游艇行业经纪信息的在线企业对企业（B2B）搜索平台，类似于房地产销售的 MLS（multiple listing service，多重上市服务）。此外，Lady May 已在 Boatinternational.com 和 Superyachttimes.com 的经纪挂牌页面上被重点推介，并刊载于 Boat International US 的两期印刷出版物中。\n\n4 每月邮件包含 Lady May 的照片、详细说明及挂牌价格。\n\n5 与其竞争对手相比，Edmiston.com 在搜索引擎中的排名较高，是推广 Lady May 的有效工具；其网站每月平均访问量为 30,000 次。\n\n9. Edmiston 亦为 London Heliport（伦敦直升机场）的冠名赞助商，并利用该平台通过在部署于伦敦直升机场各处的 Edmiston 品牌宣传材料（即带有 Edmiston 品牌的营销材料）中展示 Lady May，为其作广告。类似地，Lady May 亦被展示在部署于 East Hamptons（东汉普顿）和 Cabo St. Lucas（卡波圣卢卡斯）私人航空航站楼各处的 Edmiston 品牌宣传材料中。Edmiston 还与欧洲领先的私人飞机机场 Farnborough（范堡罗机场）合作，为经由该机场出行的宾客提供全沉浸式体验，并利用该平台进一步为 Lady May 作广告。\n\n10. 除上述全部事项外，我还联系了众多其他游艇经纪人，并接到众多其他游艇经纪人以及 Lady May 潜在买方的来电。\n\n竞标程序\n\n11. 自营销程序开始以来，Lady May 一直受到重大关注，但价格未达到受托人认为可接受的水平。少数潜在买方要求参观（并已参观）Lady May，数名经纪人则代表潜在买方参观了 Lady May。截至 2023 年 5 月 20 日，五名潜在买方（“首轮竞标人”）已就 Lady May 向 Edmiston 提交正式报价，拟议购买价格介于 $18 million 至 $20 million 之间。对于每一项报价，Edmiston 均告知首轮竞标人，受托人决定以 $23 million 进行还价。针对受托人的还价，一名首轮竞标人将其出价提高至 $20 million，其他首轮竞标人则未提高其报价。\n\n12. 在收到该等初步出价及竞标人拒绝进一步回应受托人的还价后，我向受托人建议，鉴于现有报价，延长营销程序可能导致部分竞标人失去兴趣，因此，受托人应将有意方提交其最佳和最终出价的截止期限设为 2023 年 5 月 30 日星期二下午 5:00（ET）。\n\n13. 2023 年 5 月 24 日，Edmiston 向五名首轮竞标人以及其他已表示对 Lady May 感兴趣的各方发送电子邮件，告知其提交最佳和最终出价的截止期限设为 2023 年 5 月 30 日星期二下午 5:00（ET）。该截止期限旨在维持首轮竞标人和其他有意方的最大兴趣。在该电子邮件中，有意竞标人还被告知：(a) 鉴于受托人已收到数名潜在买方对 Lady May 的报价，Edmiston 邀请所有有意方在 2023 年 5 月 30 日竞标截止期限前提出其最佳和最终报价；以及 (b) 任何该等出价均须符合以下要求：\n\n仅受托人会考虑购买价格超过 $20,000,000 的出价；\n\n报价必须以受托人的购买协议格式文本为基础（该文本于 5 月 25 日星期四向有意方提供）；\n\n如潜在买方拟修改购买协议格式文本，则应将该协议的修改稿作为出价的一部分提交（并告知各方，该等修改如有，将在确定最高和/或最佳报价时予以评估）；\n\n中标出价必须规定支付购买价格 20% 的定金，该定金须在该出价被选定为中标出价后 48 小时内收到；\n\n如中标竞标人未能按照购买协议条款完成购买 Lady May 的交割，20% 的定金将被没收（但如勘验显示存在影响 Lady May 或其机械设备或系统运行完整性的缺陷，或使 Lady May 不适航，则不影响拒绝接受 Lady May 的权利）；\n\n购买协议必须于 2023 年 6 月 9 日前签署；\n\nLady May 必须于 2023 年 6 月 28 日前根据勘验结果被接受或拒绝；\n\n如中标竞标人未能以购买协议所载价格完成购买交割，受托人可自行选择按成本价向买方购买勘验报告；\n\n交割应于实际可行的最早时间进行，但不得晚于 2023 年 7 月 20 日；\n\n所有出价均须经破产法院审查和批准；以及\n\n所有出价均须直接发送给受托人。\n\n14. 此外，同于 2023 年 5 月 24 日，Edmiston 向超过 1,857 名其他游艇经纪人发送电子邮件，告知其提交最佳和最终出价的截止期限，以及该等出价须符合若干条件，包括最低出价为 $20 million。6 与发送给首轮竞标人的电子邮件一样，该电子邮件群发告知经纪人，由于截至目前已收到多份报价，受托人将提交最佳和最终出价的截止期限设为 2023 年 5 月 30 日。此外，2023 年 5 月 27 日，Edmiston 更新了 Lady May 在 Yatco.com 上的挂牌信息，告知有意方竞标截止期限及最低出价要求。\n\n15. 截至 2023 年 5 月 30 日下午 5:00（ET），已收到潜在买方（“第二轮竞标人”）提交的五份正式出价（除初步出价外），其中包括美国居民和非美国居民。三份出价超过 $20 million 的最低标准，另两份出价低于最低标准。在该第二轮中，两名并非首轮竞标人的竞标人提交了出价。但并非所有参与初轮的竞标人均在 2023 年 5 月 30 日截止期限前进一步提交出价。例如，一名此前出价 $20 million 的首轮竞标人未就 2023 年 5 月 20 日竞标截止期限提交任何出价，因为该竞标人不愿参与竞争性竞标程序。\n\n6 该电子邮件群发未列出所有条件，但告知收件人可联系我以获取进一步详情，包括报价条件。\n\n16. 收到该等出价后，受托人与满足最低出价要求的三名竞标人分别进行了进一步讨论。由于提交最高出价的竞标人（该出价大幅低于 $24 million）修改了购买协议格式文本，加入了受托人不能接受的条款（包括赋予买方基于海试结果终止购买程序的绝对权利，而该海试将在十多天后才进行），受托人要求该竞标人删除该等修改和/或进一步提高其出价。同时，受托人还通过 Edmiston 联系第二高和第三高出价的竞标人，以探询其是否愿意提高出价。最终，该两名竞标人中的一名将其拟议购买价格提高至 $24 million，从而成为最高竞标人。由于该提高后的出价（即买方提交的出价）未对受托人购买协议格式文本作出任何修改（仅将交割日期提前至 2023 年 6 月 30 日或之前的日期除外），受托人选定买方为中标竞标人。为明确起见，另两名竞标人均未进一步提高其出价，尽管其曾被邀请如此做。\n\n17. 我认为，买方的出价 (a) 是最高且最佳的出价（包括因为买方不要求对受托人拟议的购买协议格式文本作任何修改，仅要求销售交割于 2023 年 6 月 30 日前完成除外），(b) 符合受托人的竞标条件，且 (c) 是在公平交易的竞标和谈判程序中形成的。此外，根据我与买方的互动，我认为买方在整个竞标和谈判程序中均本着善意行事。\n\n18. 最后，我认为，买方根据 PSA 提出的购买价格是 Lady May 可获得的最佳价格，实施正式竞标程序并进行公开拍卖程序不会提高购买价格，反而会有失去买方的风险，并削弱迄今为止营销和销售程序的势头。因此，我认为，根据 PSA 推进该项出售符合债务人财产的最佳利益。\n\n拍卖程序不会带来益处\n\n19. 鉴于拟出售财产的性质（即一艘豪华超级游艇）以及潜在买方范围狭小（即高净值个人），我认为，先寻求批准正式竞标程序并进行公开拍卖不会带来任何增量利益。相反，进行拍卖很可能会阻碍潜在买方竞标和/或提出其最佳报价。潜在买方很可能不会参与使其面临支付过高价格风险的程序（如在拍卖中被选定为中标竞标人），且即使其参与该等程序，也很可能会降低其出价，以反映该风险。事实上，两名首轮竞标人因不满受托人正在考虑的竞争性程序而退出该程序。\n\n20. 此外，由于拍卖程序需要更多时间（包括寻求法院批准拍卖程序），许多初始竞买人不会继续参与该程序，而原本有购买意愿的买方也很可能因担心若最终未被选为成功竞买人将浪费大量时间，而不愿参与。鉴于其他豪华超级游艇可通过经纪人购买而无须经过拍卖程序，尤其如此。\n\n案件 22-50073 文书 1858 提交日期 06/02/23 录入日期 06/02/23 15:54:44 第 67 页，共 68 页 案件 22-50073 文书 1930-26 提交日期 06/22/23 录入日期 06/22/23 18:40:24 第 10 页，共 11 页 案件 22-50073 文书 1968 提交日期 06/30/23 录入日期 06/30/23 15:37:05 第 223 页，共 238 页\n\n根据 28 U.S.C. § 1746，本人特此在伪证罪处罚的约束下声明，上述内容真实\n\n且正确。\n\n日期：June 2, 2023\n\nDirk Johnson（德克·约翰逊）\n\n经纪人 Edmiston and Company Limited（埃德米斯顿有限公司）\n\n证物 27\n\n案号 __________\n\nAO 386 22-50073 关于：Ho Wan Kwok（郭文贵） 受托人的第 27 号证物 June 27, 2023 全部准许入证 R. Senteio\n\n证物 ________\n\n副书记员\n\n_____________ 证据。\n\n身份证明。\n\n诉\n\n日期\n\n日期\n\n由\n\n经纪船舶购买和销售协议\n\n买方：Herb Chambers Yachting, LLC（赫布·钱伯斯游艇有限责任公司）或其受让人　卖方：Luc A. Despins（卢克·A·德斯平斯），作为 Ho Wan Kwok（郭文贵）财产的 chapter 11 受托人\n\n地址：259 McGrath Hwy　地址：c/o Paul Hastings LLP（普衡律师事务所），200 Park Avenue\n\nSomerville, MA 02143　New York, New York 10166\n\n国籍：　国籍：U.S.\n\n船舶名称：Lady May　制造商：Feadship（斐帝星）\n\n型号：半排水型机动游艇　全长：44.25m\n\n年份：2014　文件或 Z 登记号：745195\n\n船旗：Cayman Is.\n\n船体编号：688　发动机说明：Diesel (Caterpillar)\n\n销售经纪人：Bruce Brakenhoff（布鲁斯·布拉肯霍夫）/Edmiston　挂牌经纪人：Edmiston & Company Limited\n\n重要日期　购买价格\n\n要约日期：May 30, 2023　购买价格：$24,000,000\n\n要约到期日：June 9, 2023　减：定金：[购买价格的 20%] $4.800.000\n\n接受/拒绝日期：June 20, 2023　减：以旧换新折让（见附录）：不适用\n\n交割日期：不迟于 June 30, 2023　余额：$19,200,000\n\n交付地点：Rhode Island 海岸外国际水域 注：如船舶须移至交付地点，则必须精确指明。仅列出港口或城市不足以满足要求。\n\n包含额外登记船舶 V 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，并遵守本《购买和销售协议》（“PSA”）所载的条款和条件。本 PSA 中使用的大写术语，除非本 PSA 另有定义，均指上表中的相应术语。本 PSA 的生效日期为双方签署本 PSA 之日。“船舶”还包括船上及/或截至协议日期列入船舶挂牌规格说明的所有设备、机械、燃料、消耗品，以及所有已登记或未登记的附属艇、玩具、物品和附属设施，但卖方或挂牌经纪人在生效日期或接受/拒绝日期提供的排除清单中列明的物品除外，该等物品不包括在本次出售中。如买方接受船舶，即视为已接受排除清单。挂牌经纪人和销售经纪人在本文中统称为“经纪人”。如存在以旧换新折让，则以旧换新事项应受所附《以旧换新船舶附录》管辖。如任一方未能在要约到期日或之前签署本 PSA 并将其交付给另一方，则本 PSA 不生效。\n\n2. 定金。在 _________________________________________________________________________________________________________________________________________________________________________________________________ 存入销售经纪人的账户，如下文所确认，作为购买价格的定金，并依本 PSA 的条款持有。在定金已结清并存入销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、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，以买方自行酌定对船舶试航和检验感到满意为条件，但买方可以选择不对船舶进行检验。(a) 买方应选择检验员，且并非经纪人应对检验中的任何错误或遗漏承担唯一责任，尽管经纪人已向买方提供信息并协助买方聘请检验员；(c) 卖方应提供船舶供检验，买方应尽快完成试航和检验；(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；买方应支付检验的所有费用，包括相关费用，例如船舶上岸、干船坞及分包商费用；(e) 买方及其检验员应全权负责确定试航的范围，以评估船舶与买方要求的符合情况。买方应于接受/拒绝日期或之前，向卖方或挂牌经纪人发出书面通知，拒绝或接受船舶。无论买方是否已检查船舶，如其未能及时发出接受船舶的书面通知，即视为已拒绝船舶。在交割（定义见第 4 段）前，除将船舶移至交付地点外，卖方不得使用船舶。15,80\n\n买方首字母签名：\n\n©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。\n\nRev.3,10,20\n\n本表格仅为 IYBA 专用而编制。各方及经纪人特此免除 IYBA 因使用本表格所造成或与之有关损害的一切责任。IYBA 明确否认与本表格有关的任何保证，包括适销性及适合特定用途的保证。\n\n如买方拒绝或被视为拒绝船舶，则在代表买方产生的一切费用均已支付后，(I) 销售经纪人应将定金退还给买方；(II) 本 PSA 应终止，且经纪人应免除本协议项下的任何进一步责任。经纪人无须负责纠正试航和检验期间发现的任何瑕疵或缺陷所产生的费用。\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全部款项，并交付向买方转移有效且可销售所有权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，或在仅以船舶交付至交付地点及向买方解除所有权文件为条件的托管安排下持有，否则卖方不得将船舶移至交付地点。交割可通过隔夜快递或电子方式完成。除试航期间消耗的燃料及前往交付地点途中消耗的燃料外，卖方应在交付地点向买方交付船舶（定义见第 1 段）。卖方必须在交割日期或之前向销售经纪人交付将船舶所有权（及本协议要求交付的所有其他物品）转移给买方所需的全部文件。交割时，买方应向卖方（受第 6 段约束）及/或销售经纪人支付余额，以便销售经纪人通过电汇将款项转交卖方。卖方应付给 (I) 经纪人的佣金、仓储、保险、维修及/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本协议条款向经纪人从定金中支付佣金。\n\n5. 经纪人。双方确认，销售经纪人是促成本 PSA 的唯一经纪人。如挂牌经纪人与销售经纪人为同一经纪人，双方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，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；但在该情形下，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；未经买方同意，经纪人不得向卖方披露买方愿支付高于报价的价格。如销售经纪人与挂牌经纪人不同，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；销售经纪人仅代表买方，对卖方不负有任何义务，无论是信义义务或其他义务（尽管由卖方支付报酬）。经纪人仅有义务履行本文明确规定的职责，本 PSA 不得被解读为包含任何默示职责或义务。卖方应独自负责支付与出售船舶有关、依本文应付给经纪人的佣金。各方均向另一方陈述并保证，其在进行有关向买方出售船舶的谈判时，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，其将向买方转移船舶的有效且可销售所有权，且不存在任何债务、索赔、海事法留置权、担保权益、权利负担、消费税及应付给任何州、国家、监管机构或任何种类主管机关的任何其他适用税款、关税或税费（统称“权利负担”）。交割前不少于两 (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) 所有权利负担均已支付或解除的证明（将在交割时全额支付的权利负担除外）；(c) 卖方就其在本第 6 段作出的陈述和保证提供的保证及赔偿；(d) 如卖方为法律实体，则卖方实益所有人就卖方在本第 6 段作出的陈述和保证提供的个人保证及赔偿；以及 (e) 向买方转移有效且可销售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所要求的出售授权有关的任何费用，并应充分配合取得该等授权。任一方均应在交割前向另一方提供：(I) 其根据设立该实体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) 证明该实体已获得适当授权决定购买或出售船舶，以及交付或接受本 PSA 及/或购买和销售文件的个人具有权限的同意行动或决议；(III) 证明交付或接受船舶的个人具有权限的授权委托书；以及 (IV) 就卖方而言，其电汇信息。\n\n7. 损失风险；不可抗力。卖方应在交割前承担损失风险。如船舶在买方验收后受损，且必要维修费用低于购买价格的百分之五（5%），并且完成维修所需时间少于30天，则：(a) 卖方必须按照良好的海事惯例，将船舶修复至受损前的标准，且买方可以检验该等维修；(b) 买方必须支付余款并接收修复后的船舶；及(c) 交割日期将按维修期间相应延长。如船舶在买方验收后受到更严重的损坏，任何一方均可终止本PSA，其后果与买方拒绝船舶时相同。一方履行义务的责任将因超出该方合理控制范围的不可预见事件（“不可抗力事件”）而中止，包括但不限于恐怖主义行为、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、飓风或其他自然灾害。如发生不可抗力事件，本PSA中提及的期限，包括但不限于交割日期，应视为延长履行受影响一方依照本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迟超过90天，任何一方均可终止本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，如保证金未在到期时支付，或因买方不履行义务而未完成交割，包括但不限于未支付余款或未在交割日期前签署完成购买所必需的全部文件：(1) 保证金应由销售经纪人保留；或者，如保证金未支付，买方应向销售经纪人及经纪人支付等额款项，作为约定的违约赔偿金及本PSA的对价，并作为双方之间所有索赔的完全和解；(2) 销售经纪人应将买方提供的全部文件返还给买方；及(3) 双方应解除本PSA项下的全部义务。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发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；经纪人之间应按照如交易已完成时本应支付的佣金比例进行分配。如因卖方不履行义务而未完成交割，则保证金及买方依本PSA支付或存入的任何其他款项，应于买方提出要求后返还给买方；或者，如鉴于船舶的独特性、证明损失的困难，或以其他方式取得充分救济的不便或不可能性，特定履行属合理，买方有权请求特定履行。卖方违约时，卖方应立即支付如交易已完成本应支付的同等佣金。\n\n买方姓名首字母缩写：“ ”　卖方姓名首字母缩写：ممل المحارك المستعلى بلمنت\n\n©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 9.10.20\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，且买方应于交割时向销售经纪人支付应缴税款。买方特此就其应负责的任何销售税或使用税，对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提供的任何信息均属良好和正确，并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（或已放弃该等权利），并且(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）。交割后，买方应被视为已按船舶“按现状”条件接受该船舶。卖方和经纪人不作任何明示或默示保证，亦不就船舶状况、其适用于任何特定用途的适用性或适销性作出任何陈述，所有该等保证和陈述均予以否认。\n\n11. 融资。买方的义务不以取得融资为条件。买方陈述，如有必要，其将自行安排融资。买方和卖方确认，经纪人并未就买方取得融资的能力、买方取得任何以船舶为担保的贷款的资格，或买方在任何司法管辖区为船舶办理文件或登记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），其效力如同签名均载于同一文书之上。\n\n13. 约束效力；同时签订的合同；未来销售。本PSA对所有当事人、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，亦不得订立任何出售船舶的合同。如未依照本PSA条款完成交易，且在本PSA终止后，买方与卖方直接或通过由任一方拥有或控制的实体，就该船舶订立合同，卖方同意向经纪人支付一笔与如本PSA所设想的交易已完成时其本应收取的佣金相同的款项。\n\n24. 托管资金。双方确认：(a) 销售经纪人对资金在划入销售经纪人账户之前不承担责任；(b) 资金划入后，销售经纪人将以托管方式持有保证金，且任何其他经纪人自任何一方收到的其他资金将为该方以信托方式持有；(c) 销售经纪人可在支付保证金或余款之前保留经纪人的佣金；及(d) 在涉及经纪人持有的任何资金的任何争议中，买方和卖方应就与该争议以任何方式有关的律师费和成本（包括任何上诉中发生的费用，该义务以托管资金上的留置权作担保）以及与佣金索赔有关的费用，对经纪人作出赔偿；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\n15. 附加条款。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，并取代此前与该标的事项有关的一切合同、陈述、保证和谅解，无论其为书面、口头或其他形式。如任何经纪人成为涉及本PSA的任何诉讼当事人，则违约方应在所有审级偿还该经纪人的成本和律师费。如双方就本PSA标的事项发生任何争议，胜诉方（包括经纪人）有权获得所有审前、审理及上诉程序的合理费用。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，则应尽可能解释该条款以实现本PSA的意图，而非使其无效。在任何情况下，本PSA的所有其他条款和条件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、默示或其他义务。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。向代表任何一方的律师或经纪人发出或由其接收的通知，应与向该方或由该方发出或接收的通知具有同等效力。所有通知均须以书面作出，并可通过亲自递送、隔夜快递、传真、电子邮件或其他电子方式送达，并应于送达或传送时生效。买方可将本P\n\n买方姓名首字母缩写：\n\n©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\nSA转让给买方直系亲属中的任何成员，或转让给由买方和／或其直系亲属中的任何成员拥有或控制的任何实体。除此以外，任何一方均不得未经另一方同意转让本PSA，该同意不得被无理拒绝。除非以书面形式作出，任何一方不得全部或部分放弃或解除本PSA项下的任何索赔或权利；任何放弃仅适用于其作出时所针对的特定情形。段落标题仅供参考及方便之用。\n\n17. 准据法和争议解决。请勾选(a)、(b)或(c)。如均未勾选，则适用(a)。本协议项下的任何争议应按以下方式解决：(a) [ ] 在位于____________州的法院（如未填写，则为Florida）解决；(b) [ ] 在____________州（如未填写，则为Florida）通过具有约束力的仲裁解决；(c) [ ] 在England的London通过具有约束力的仲裁解决。如选择(a)或(b)：(i) 本协议应依照____________州法律（如未填写，则为Florida）解释，且不适用其法律冲突原则；以及(ii) 程序应在销售经纪人主要办事处所在的县进行，或如销售经纪人在该州没有办事处，则在____________进行（如未指明其他城市，则为Fort Lauderdale, Florida）。如选择(b)，除非下文另有规定，仲裁开始时有效的American Arbitration Association（AAA）美国仲裁协会的Florida商业仲裁规则适用。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（IYBA）国际游艇经纪人协会维护的仲裁员名单中共同选定一名独任仲裁员。如双方未能就仲裁员达成一致，IYBA有权指定该独任仲裁员。如争议金额较高，双方应各自指定一名仲裁员，该两名仲裁员再指定第三名仲裁员。如其未能在14日内就第三名仲裁员达成一致，任何一方可请求IYBA从其维护的仲裁员名单中指定第三名仲裁员。独任仲裁员的裁决，或三名仲裁员仲裁庭的裁决，对双方具有最终约束力。可向任何有管辖权的法院提起诉讼以执行任何仲裁裁决。如选择(c)：(i) 本协议应依照England法律解释，且不适用法律冲突原则；(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）或为实施本第(10)段规定所必需的任何法定修改或重新制定版本提交仲裁；(iii) 仲裁应依照仲裁开始时有效的London Maritime Arbitrators Association（LMAA）伦敦海事仲裁员协会规则进行；(iv) 如争议金额（包括反诉）低于USD $100,000，则适用其小额索赔程序；如等于或高于USD $100,000但低于USD $400,000，则适用其中等索赔程序。无论选择何种方案，双方均不可撤销地服从该法院或仲裁机构的专属管辖，放弃其现时或日后可能对审判地或法院不方便提出的任何异议，同意与该程序有关的所有索赔仅由该法院或仲裁机构裁决，并进一步同意不向任何其他法院或仲裁机构提出与本协议有关的任何索赔。双方在已有机会寻求法律顾问意见后，就本协议项下产生的索赔，无论系相互之间或针对任何经纪人，均放弃由陪审团审判的权利。\n\n印刷体姓名：Herbert Chambers（赫伯特·钱伯斯） 职务：成员\n\n修订版：3.10.20\n\n销售经纪人保证金确认书（以款项结算完成为条件）\n\n买方姓名首字母\n\n©2020 International Yacht Brokers Association（国际游艇经纪人协会）。保留所有权利。\n\n本表格并非由1984的成员或其成员使用而编制。各方及经纪人就因使用本表格而产生或与之相关的任何责任不承担任何责任。IYBA 明确否认适销性及对特定用途适用性的保证，该等保证与使用本表格有关。\n\n经纪船舶买卖协议补充协议，于 May 30, 2023 签订，由 (i) 作为 Ho Wan Kwok（郭文贵）遗产第11章受托人的 Luc A. Despins（吕克·A·德斯平），与 (ii) Herb Chambers Yachting, LLC（赫伯·钱伯斯游艇有限责任公司）或其受让人（以下简称“补充协议”）订立\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 而言于 May 30, 2023 签订的《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（无论在该 PSA 或本补充协议中）均指经本补充协议修改后的 PSA。\n\n1. Luc A. Despins 作为 PSA 一方，仅以其作为 Ho Wan Kwok 遗产第11章受托人的身份，而非以其个人身份。因此，买方不得以 Luc A. Despins 先生的个人身份或 Paul Hastings LLP（普衡律师事务所）为对象提出任何索赔。\n\n2. PSA 及 PSA 中的所有条款均须经 United States Bankruptcy Court for the District of Connecticut（美国康涅狄格区破产法院，以下简称“破产法院”）批准，Ho Wan Kwok 的第11章案件，案号 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，破产法院对有关 PSA 或因 PSA 引起的任何索赔或争议拥有专属管辖权。各方及各经纪人不可撤销地服从破产法院的专属管辖权，放弃其目前或日后可能就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。为免疑义，PSA 第17节中关于仲裁任何涉及 PSA 的争议的所有规定，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 日期位于船上和/或载于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。除卖方或挂牌经纪人于以下较早日期提供的除外清单中所列物品外，不应有除外清单协议：(a) 生效日期后五日；或 (b) 接受/拒绝日期；该等物品不包含在出售范围内。如买方接受船舶，则视为其已接受除外清单。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根据本 PSA 出售船舶时，不应有以旧换新折让；如存在以旧换新折让，则以旧换新的条件应受随附的《以旧换新船舶补充协议》管辖。\n\n7. PSA 第2节特此修改如下：\n\n在卖方签署本 PSA 后 -- 个营业日内（如留空，则为3个营业日），于 May 31, 2023，买方已将保证金支付至卖方销售经纪人的账户，如下文确认，作为购价的保证金，并应依本 PSA 条款以托管方式持有。在保证金已结算并存入销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、检验及其他检查。\n\n8. PSA 第3节特此修改如下：\n\n买方购买船舶的义务，以买方自行决定满意船舶的试航和检验为条件，但买方可选择不对船舶进行检查；但条件是，买方仅可在检验师（应为日常业务为检验与该船舶质量和价值相近船舶的正式合格船舶检验师）书面证明其发现影响船舶或其机械或其系统运行完整性的缺陷，或使船舶不适航时，拒绝船舶。为免疑义，买方不得基于任何其他理由拒绝船舶。如买方决定对船舶进行检验：(a) 买方应选择检验师；(b) 检验师而非经纪人应对检验中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，且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) 卖方应支付试航的所有运行费用并承担与试航有关的风险，买方应支付检验的全部费用，包括相关费用，例如起吊、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，如其未能依本 PSA 及时发出书面拒绝或接受通知，则视为其已拒绝船舶。买方接受船舶后，除将船舶移至交付地点外，卖方在交割（定义见第4段）前不得使用船舶。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，在代买方支付已发生的所有费用后，(i) 卖方销售经纪人应向买方返还保证金，(ii) 本 PSA 应终止，且 (iii) 各方及各经纪人应免于承担本协议项下的进一步责任。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需的费用。\n\n9. PSA 第4节第六句特此修改如下：\n\n于交割时，买方应向卖方支付余额（受第6段约束），保证金应在扣除紧随其后的句子所述款项后，和/或通过电汇支付给销售经纪人，以便其转交卖方。卖方欠付 (i) 经纪人的佣金、仓储、保险、维修和/或其他项目的任何款项（须经破产法院批准），或 (ii) 任何其他权利负担持有人的任何款项，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保证金持有人，依本协议条款从保证金中向经纪人支付佣金，并在向卖方释放保证金前向经纪人支付该佣金。为免疑义，破产法院批准向买方出售船舶的命令应规定，船舶在不附带任何权利负担的情况下出售，任何权利负担附着于出售所得款项。\n\n10. PSA 第5节第二句特此修改如下：\n\n如挂牌经纪人和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担任双重代理人，即同时代表买方和卖方；经纪人可向双方披露其已知的、实质影响船舶价值或吸引力的事实；但在该情形下，(a) 未经卖方同意，经纪人不得向买方披露卖方愿意以低于要价的金额出售船舶；以及 (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。\n\n11. PSA 第6节第二句特此修改如下：\n\n卖方应于交割前不少于两（2）个营业日向买方交付：(a) 令人满意的所有权证据；(b) 支付或解除所有权利负担的证明（将在交割时全额支付的该等权利负担除外），该证明可以是破产法院作出的批准出售船舶的命令（该命令应规定船舶在不附带任何权利负担的情况下出售给买方）；(c) 卖方作出的保证和赔偿，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，卖方实益所有人作出的个人保证和赔偿，保证卖方在本第6段中的陈述和保证；以及 (e) 为向买方转让完整且可流通所有权所必需的任何其他文件副本。\n\n12. PSA 第7节第二句和第三句特此修改如下：\n\n如船舶在买方接受后受损，且必要维修费用低于购价的百分之五（5%）并可在30日以内完成，则由卖方选择，(a) 卖方应于交割前依照良好船舶惯例，将该损害修复至紧接受损前的船舶标准，且买方可检查该维修；在此情况下，(b) 买方应支付余额并接收经修复的船舶，且 (c) 交割日期应按维修期间予以延长。如船舶在买方接受后遭受更严重损害，或卖方未行使前句所述选择权，任一方均可终止本 PSA，其后果与买方拒绝船舶时相同。\n\n13. PSA 第8节特此修改如下：\n\n尽管本协议中有任何相反约定，如定金未于到期时支付，或因买方不履行义务（包括但不限于未在交割日之前支付余额或签署完成购买所必需的全部文件）而未完成交割：(i) 定金应由卖方和经纪人保留；如定金未支付，买方应向卖方和经纪人支付等额款项，作为约定的违约损害赔偿金，并作为签署本PSA的对价，以完全解决双方之间的所有请求权；(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；以及 (iii) 双方应解除本PSA项下的全部义务；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，该金额应计入并减少挂牌经纪人在与另一买方完成船舶出售时可能赚取的任何佣金（根据其与卖方签订的委托函）。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发生的任何未付成本或费用，然后按百分之五十（50%）分配给卖方，并按百分之五十（50%）分配给经纪人；经纪人应按如已完成出售时佣金本应分配的相同比例进行分配。\n\n案件22-50073，文件1898-24，提交及录入信息不清，第52页（共108页）\n\n上述佣金本应分配的比例。如因卖方不履行义务而未完成交割（为免生疑问，不包括破产法院拒绝批准本PSA），定金以及买方依本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，或者买方有权请求实际履行。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适当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或卖方违约而未完成交割，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。如破产法院不批准本PSA，本PSA应被视为终止，其后果与买方依本PSA拒绝接受该船舶时相同。尽管本PSA中有任何相反约定，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拒绝接受该船舶），卖方有权选择按成本价向买方购买检验报告；如卖方行使该选择权，买方应在卖方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\n14．现将本PSA第9条第一句修改如下：\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/销售经纪人支付应缴税款。\n\n15．现于本PSA第11条第一句后增加以下句子：\n\n买方声明并保证，其拥有足够的现金和/或融资，以在交割时支付购买价款。买方进一步声明并保证，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之要求行事。\n\n16．现将本PSA第14条修改如下：\n\n双方确认：(a) 在款项结算并进入销售经纪人的账户之前，销售经纪人不对定金负责；(b) 款项结算后，销售经纪人应以托管方式持有定金，且任一经纪人从任一方收到的任何其他款项均应为该方以信托方式持有；(c) 销售经纪人应依照本PSA行事，并可在向卖方释放或分配定金或余额之前保留应付经纪人的佣金；以及(d) 在任何涉及经纪人持有款项的争议中，买方和卖方应就与该争议以任何方式相关的法律费用和成本（包括任何上诉中发生的费用和成本，该义务以托管款项上的留置权担保）以及与佣金请求有关的费用和成本，向经纪人提供赔偿；但破产法院作出的终局且不可上诉的判决认定某经纪人故意不当行为或存在重大过失的除外。\n\n案件22-50073，文件1898-24，提交及录入信息不清，第52页（共108页）\n\n17．现将本PSA第16条第二句和第三句修改如下：\n\n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审前、审判及上诉各阶段的合理成本和律师费；但破产法院作出的终局且不可上诉的判决认定该经纪人故意不当行为或存在重大过失的除外。如本协议双方之间发生任何因本PSA标的事项引起的争议，胜诉方（包括经纪人）有权获得其在全部审前、审判及上诉程序中的合理费用、律师费和成本；但破产法院作出的终局且不可上诉的判决认定该胜诉方故意不当行为或存在重大过失的除外。\n\n18．现将本PSA第16条第九句和第十句修改如下：\n\n买方可将本PSA转让给买方直系亲属的任何成员，或由买方和/或其直系亲属任何成员拥有或控制的任何实体。除此之外，任何一方均不得未经另一方同意转让本PSA；该同意不得被无理拒绝。\n\n19．现将本PSA第4页签字栏中的“销售经纪人定金确认（以款项结算为条件）”修改为：“卖方定金确认（以款项结算为条件）”。\n\n卖方\n\n姓名：Luc A. Despins（卢克·A·德斯平斯），作为Ho Wan Kwok遗产的第11章受托人\n\n买方代表：\n\n姓名：Herb Chambers Yachting, LLC（赫伯·钱伯斯游艇有限责任公司）或受让人\n\n职务：成员\n\n138 日期：Z\n附件28\n\n案号：____________\n\nAO 386 22-50073 关于：Ho Wan Kwok受托人的第28号附件，2023年6月27日全部准入，R. Senteio\n\n附件________\n\n副书记员\n\n证据。\n\n识别号。\n\n诉\n\n日期\n\n日期\n\n签署人\n经纪船舶买卖协议第二补充协议，于2023年5月30日由(i)作为Ho Wan Kwok遗产第11章受托人的Luc A. Despins，以及(ii) Herb Chambers Yachting, LLC签署（“第二补充协议”）\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（“梅夫人”号）于2023年5月30日签署的《经纪船舶买卖协议》（连同同日签署的第一补充协议，简称“PSA”）中所规定的含义。\n\n1．现将PSA修改如下：以$23,150,000替换购买价款金额$24,000,000。为免生疑问，购买价款余额（扣除$4,800,000的定金后）为$18,350,000。\n\n2．买方特此依照PSA第3条接受该船舶。\n\n3．除本第二补充协议另有规定外，PSA的条款（包括经日期为2023年5月30日的第一补充协议修改后的条款）应保持不变。\n\n卖方\n\n姓名：Luc A. Despins，作为Ho Wan Kwok遗产的第11章受托人\n\n姓名：Herb Chambers Yachting, LLC\n\n职务：成员\n\n6.19.2023 日期：","key_entities":["Je","Kwok","Ho Wan Kwok","Despins","Paul Hastings","CIPA","Guo","Miles Guo"],"ecf_references":[{"doc_number":1858,"court":"CTB"},{"doc_number":1930,"court":"CTB"}],"word_count":77581,"status":"published","published_at":"2023-06-30 00:00:00","created_at":"2023-06-30","updated_at":"2026-08-23 23:59:52"}