FRM-CRW-06A

FORM NO.
VM MARINE GROUP ANNEXURE
Rev. No. 0

EMPLOYMENT AGREEMENT Revised Date 25-Apr-23

(OFFSHORE PERSONNEL) Office File No: C2
Note : This annexure is applicable only to Indian seafarers.

ANNEXURE TO SEAFARER EMPLOYMENT AGREEMENT

Compensation Benefits for Death and Disability :

In the event of death of a seafarer while employed on board or while travelling to or from the vessel (but Excluding leave period),
the Company shall pay to his beneficiaries an amount of USD 100,000, in the aggregate, as compensation in full
and final settlement.

It is agreed that the beneficiaries to be compensated are the following next of kin: the seafarer’s spouse, and in their absence the
seafarer’s children jointly, and in their absence the seafarer’s parents; in this preferential order. The names and addresses of the
beneficiaries shall be declared at the time of hiring by the seafarer. The company retains absolute discretion to determine the
appropriate party(ies) to receive the payment.

In addition, and without prejudice to the above compensation, the Company shall pay an additional compensation payment to each
of the seafarer's children under the age of 18 years (at the time of the seafarer’s death) of USD 7,500. The maximum amount of
compensation payable under this clause shall be for 3 children. In the event the seafarer has more than 3 children, the total
compensation available to the children under this clause (USD 22,500) shall be split equally between all eligible children.

The Company shall transport at its own expense the body to Seafarer’s home country, where practical, except if death occurred at a
port where local government rules or regulations do not permit the transport of such remains.

If a seafarer due to no willful misconduct on his own part, and in the absence of their having concealed an illness or disability,
suffers a work-related permanent disability or a work-related permanent sickness (disease) while employed on board or while
travelling to or from the vessel, and as a result his ability to work is permanently reduced, the seafarer shall be compensated on the
basis of the percentage of disability.

The disability suffered by the seafarer shall be determined by a company approved physician, on a scale of between 10% and
100%, in gradations of 10%. The amount of compensation shall be in proportion to the percentage of disability applied to a
maximum amount of USD 100,000/-.

Any payment effected under this annex shall, to the extent permissible under local law, be deemed to represent a payment towards
any claim made for general damages or for fault-based compensation in relation to the same illness, injury or disability and shall
accordingly be capable of being deducted from any award made in such a respect.

Claims under this annex shall be subject to the same law, jurisdiction, and dispute resolution mechanisms as the main Seafarer’s
Employment Agreement.

Name of the Employee :

Signature :

Date :

Place :