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【正文】 ract Price in the maximum amount of United States Dollars ( US$ ). (d) In the event that the actual deadweight of the Vessel is in excess of the guaranteed deadweight of metric tons at assigned designed draft, the Contract Price shall not be increased for the first ( ) metric tons in excess of the guaranteed deadweight of metric tons. However, the Contract Price shall be increased by the sum of United States Dollars (US$ ) for each full metric ton of the excess being more than ( ) metric tons. The total increase of the Contract Price for the increase of the deadweight shall be added to the fifth installment of the Contract Price, however, shall not be more than the sum of United States Dollars (US$ ). 5. EFFECT OF RESCISSION It is expressly understood and agreed by the parties hereto that in any case as stated herein, if the Buyer rescinds this Contract pursuant to any provision under this Article, the Buyer, save its rights and remedy set out in Article X hereof, shall not be entitled to any liquidated damages or pensation whether described above or otherwise. ARTICLE Ⅳ SUPERVISION AND INSPECTION 1. APPOINTMENT OF THE BUYER’S SUPERVISOR The Buyer shall send in good time to and maintain at the Seller’s Shipyard, at the Buyer’s own cost and expense, one or more representative(s) who shall be duly accredited in writing by the Buyer (such representative(s) being hereinafter collectively and individually called the Supervisor) to supervise and survey the construction by the Seller of the Vessel, her engines and accessories. The Seller herby warrants that, the necessary visa for the Supervisor to enter China will be issued in order to demand and without delay provided that the Supervisor meets with the rules, regulations and Laws of the People’s Republic of China. The Buyer undertakes to give the Seller adequate notice for the application of visa. 2. APPROVAL OF PLANS AND DRAWINGS The parties hereto shall, within ( ) days after signing of this Contract, mutually agree a list of all the plans and drawing, which are to be sent to the Buyer for approval (hereinafter called the List). Before arrival of the Supervisor at the Seller’s Shipyard, the plans and drawings specified in the List shall be sent to the Buyer, and the Buyer shall, within ( ) days after receipt thereof (excluding mailing time), return such plans and drawings submitted by the Seller with approval or remarks, if any. Concurrently with the arrival of the Supervisor at the Seller’s Shipyard, the Buyer shall notify the Seller in writing, stating the authority which the said Supervisor shall have, with regard to the Supervisor can, on behalf of the Buyer, approve or disapprove, as the case may be, which of the plans and drawings specified in the List but not yet been sent to the Buyer, nevertheless in line with the Supervisor’s authority. The Supervisor shall, within ( ) days after receipt thereof, return those plans and drawing with approval or remarks, if any. Unless notification is given to the Seller by the Supervisor or the Buyer of approval or disapproval of any plans and drawings within the above designated period of time for each, case, the said plans and drawings shall be deemed to have been automatically approved. The plans and drawings approved by the Buyer or Supervisors shall be final, and any alteration thereof shall be regarded as modification specified in Article V of this Contract. 3. SUPERVISION AND INSPECTION BY THE SUPERVISOR The necessary inspection of the Vessel, its machinery, equipment and outfitting shall be carried out by the Classification Society, and/ or inspection team of the Seller throughout the entire period of construction in order to ensure that the construction of the Vessel is duly performed in accordance with the Contract and Specifications. The Supervisor shall have, at all times until delivery of the Vessel, the right to attend tests according to the mutually agreed test list and inspect the Vessel, her engines, accessories and materials at the Seller’s Shipyard, its subcontractors or any other place where work is done or materials stored in connection with the Vessel. In the event that the Supervisors discovers any construction or material or workmanship which does not or will not confirm to the requirements of this Contract and the Specifications, the Supervisor shall promptly give the Seller a notice in writing as to such nonconformity, upon receipt of which the Seller shall correct such nonconformity if the Seller agrees with the Buyer. However the Buyer undertakes and assures the Seller that the Supervisor shall carry out his inspections in accordance with the agreed inspection procedure and schedule and usual shipbuilding practice and in a way as to minimize any increase in building costs and delays in the construction of the Vessel. The Seller agree to furnish free of charge the Supervisor with office space, and other reasonable facilities according to Seller’s practice at, or in the immediate vicinity of the Seller’s Shipyard. At all times, during the constructions of the Vessel until delivery thereof, the Supervisor shall be given free and ready access to the Vessel, her engines and accessories, and to any other place where the work is being done, or the materials are being processed or stored, in connection with the construction of the Vessel, including the yards, workshops, stores of Seller, and the premises of subcontractors of the Seller, who are doing work, or storing materials in connection with the Vessel’s construction. The travel expenses for the said access to Seller’s subcontractors outside of (city) shall be at Buyer’s account. The transportation within (city) shall be provided to the Supervisor by the Seller. 4. LIABITITY OF THE SELLER The Supervisor engaged by the Buyer under this Contract shall at all times be deemed to be in the employ of the Buyer. The Seller shall be under no liability whatsoever to the Buyer, or to the
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