Contract Price. The total price payable by Owner to Builder for the Vessel to be designed, built, and delivered in accordance with the Contract Documents (the “Contract Price”) shall be ONE HUNDRED NINETY SEVEN MILLION, SEVENTY-TWO THOUSAND, TWO GLDD Vessel Construction Agreement

Contract Price Adjustments. The Contract Price shall be modified based on the following:

Contract Laboratories. The Parties may use third party laboratories (hereinafter “Contract Laboratories”) for the performance of certain services, such as sample testing, in a Development Project pursuant to a Schedule. The terms for use of Contract Laboratories shall be set forth in a Schedule, but in the absence of provisions in a Schedule to the contrary, the following general principles shall apply:

Electronic Contract. With respect to each Electronic Contract (or electronically authenticated original record of the executed Contract with respect to Electronic Contracts that do not constitute Electronic Chattel Paper), the Servicer represents that the Administrative Agent holds the Authoritative Copy of such Electronic Contract (or holds the electronically authenticated original record of the executed Contract with respect to Electronic Contracts that do not constitute Electronic Chattel Paper) in the Electronic Vault as pledgee of the Borrower or the Trust, as applicable, for the benefit of the Secured Parties.

Contract Documents. The term “Contract Documents” means this Agreement, including the Specifications attached in [Exhibit A], the Contract Drawings, and all other Exhibits hereto, as well as the Basic Design, the Detailed Design, and all duly executed Change Orders. The Production Design is expressly excluded from the Contract Documents.

Florida Contract. This Agreement shall be deemed a Florida contract and shall be construed according to the laws of the State of Florida, and shall be enforceable, at the option of Lender, in any court of competent jurisdiction in the State of Florida, regardless whether this Agreement is executed by certain of the parties hereto in other states.

Labor Contract. The Company shall sign an individual labor contract with each of its full-time employees (including management personnel and workers). Provisions relating to the employment, dismissal, resignation, remuneration, labor insurance, welfare benefits, bonuses and labor discipline of the employee shall be specified in such individual labor contract.

The Contract Price shall be adjusted by any change or adjustment agreed by the Parties in accordance with Article 10.

Contract Manufacturing Price. [[Organization A:Organization]] shall pay CARBO for Contract Manufacturing Services, and CARBO shall provide Contract Manufacturing Services in consideration for the payment. CARBO shall manufacture Commercial Product at the price set forth in Exhibit C, (the “Contract Manufacturing Price”).

Contract Price. The Contract Price to be paid by Owner for the Work for the Initial Vessel shall be as set forth in [Exhibit A] and may only be adjusted as provided in accordance with the terms of this Agreement.