Memorandum of Agreement

Agreement for the Rental of two wharfs where Soltau and Undine are docked at Alster Shipyard, entered into between: Republican Shipping
Duisburg, New Berlin

(Hereinafter referred to as the "FACILITATOR/OWNER")

And

Daumann Heavy Construction
Oder Shipyard, New Berlin

(Hereinafter referred to as the "CONTRACTOR")

RENTAL OF SOLDAU & UNDINE WHARFS

The CONTRACTOR hereby agrees to rent two wharfs where the two vessels are docked at Alster Shipyard, hereby given the names SOLTAU WHARF & UNDINE WHARF. Additionally they require to modify these two wharfs in order to repair said vessels. Once both vessels are completed, the CONTRACTOR will leave equipment and modify one of the wharfs to be able to construct Capital Warships.


PRICE AND PAYMENT METHOD

CONTRACTOR and FACILITATOR have agreed on a prearranged amount for the rental of the two wharfs. In addition, due to terms of this contract the CONTRACTOR will receive a 50% discount.

(Amounts have been excluded from this contract)

LIABILITY

The CONTRACTOR being from RHEINLAND understands and acknowledges the current political climate, and criminal operation within Hamburg. The FACILITATOR will take measures to the best of its ability to ensure the CONTRACTORS personnel safety while aboard Alster Shipyard. When both said vessels leave their respective Wharfs, it will signal the end of the contract, and all promises made will be fulfilled and completed.

DELIVERY and TRANSFER of OWNERSHIP

The FACILITATOR, and CONTRACTOR does not own said vessels at Alster Shipyard. They remain the responsibility of a third party. However, said vessels may not leave Alster Shipyard until all has been dealt with, within this contract. FACILITATOR will be informed when contract has come to an end, which thereafter the CONTRACTOR will be given permission to contact third parties to remove vessels. Removal of vessels beforehand will null & void this contract, and full payment will be made to the total amount of days the vessels were stored at Alster Shiyard, with additional costs to potential business lost, which will be made payable by third parties. Once payment has been made, vessels will then be allowed to leave. Forciable removal will result in Shipyard defences to come online and render the vessels inoperable or destroyed completely. Additional cost will be implemented as well.

Third Parties designated CONTRACTOR as their preferred choice to work on said vessels, but does not excluded them from liability as mentioned above, as CONTRCTOR will be designated as their representative.

Daumann Heavy Construction staff on Alster Shipyard

All DHC staff aboard Alster Shipyard will keep security passes on said person and be provided with security detail. The wellbeing of DHC employees will be the responsibility of Republican Shipping, with the exclusion of negligent behaviour. All DHC staff aboard Alster Shipyard will be given meals alongside Republican Staff with suitable accommodation.

SPECIAL REQUIREMENTS

As of the current date, there is 500 Rheinwehr Special Forces on the Undine and 250 Kommando Falke Special Forces on the Soltau. This will remain until contract is complete.

DURATION OF CONTRACT

Duration of contract will start when contract is signed by both parties up to 12 months. If contract is not completed, the contract will be extended for a further 3 months until contract is completed. If contract extends over 24 months, the contract will be relooked at, reviewed and possible renegotiations will be looked at with the satisfaction of both parties. If no agreement can be made, the current contract will extend for a further 3 months. Will be deemed complete and said vessels will need to be removed from their wharfs.


BRECH/DEFAULT

This has been mentioned above.

SIGNATURES

Niklas Mayer ___________________
Erwin Mannlicher ___________________
Third Party ___________________