Transfer Contract
Petroleum Association of Japan (hereinafter referred to as “PAJ”) and ○ ○ ○ ○(hereinafter referred to as “the Buyer”) hereby enter into the following contract regardingtransfer from PAJ to the Buyer of certain assets used for PAJ’s Projects for Improving
Structures to Take Countermeasures against Large-Scale Petroleum-Related Accidents.
Article 1. (Transfer Contract)
PAJ hereby transfers the properties specified in the attachment (hereinafter referred to as
the “Properties”) as of each transfer date specified in the attachment (hereinafter referredto as “Transfer Date”).
Article 2. (Transfer Price)
The total transfer amount of the Properties shall be ¥in total.

Article 3. (Delivery of the Properties and Related Costs)
The Buyer shall take delivery of the Properties at the place where the Properties arelocated on the Transfer Date. The related costs for transfer of the Properties (i.e.
transportation cost, custom duty and other related expenses) shall be borne by the Buyer,
and be calculated definitely and settled after completion of transfer.
Article 4. (Payment)
The Buyer shall pay PAJ in cash, by remitting the Transfer Price to the bank accountdescribed in the Exhibit within thirty (30) days of the each Transfer Date of theProperties.
Article 5. (Transfer of Risk)
In the case where the Properties shall be lost or damaged before the Transfer Date, theBuyer may partly cancel this Contract based on each Item Number specified in theattachment if the Buyer may not attain the purpose of this Contract due to the loss ordamage of the Properties, or may request reduction of the Transfer Price if the function ofthe Properties is damaged. Risk of loss and damage that may take place on and after theTransfer Date shall be all borne by the Buyer, regardless of the timing of actual delivery,1

except for the case PAJ has refused the delivery thereof for a cause not attributable to theBuyer.
Article 6. (AS IS and AS AT)
The Properties will be delivered to and taken by the Buyer on AS IS and AS AT basis, andPAJ will not be held responsible for the Properties after the transfer, including the defectsof the Properties that are found or appeared after the transfer or the obligations and debts
that the Buyer may incur in connection with its keeping or use of the Properties. TheBuyer shall use the Properties after deleting all the indications that the Properties wereowned by PAJ, and shall indemnify and hold PAJ harmless with respect to the Buyer’s
keeping and use of the Properties.
Article 7. (Cancellation)
In the case the Buyer delays in taking delivery of the Properties or making payment of theTransfer Price without justifiable reason, or otherwise the Buyer is in violation of any
obligation under this Contract, PAJ may cancel this Contract. In this case, PAJ will not be
restrained from claiming compensation for damage against the Buyer, if PAJ shall sustain
any such damage.
Article 8. (Governing Law)
This Contract shall be governed by, and construed in accordance with, the laws of Japan.
The parties hereby agree to the Tokyo District Court as a first instance court having
non-exclusive jurisdiction over any and all disputes related to this Contract.
Article 9. (Miscellaneous Matters)
In the case of the matters not provided for in this Contract or not expected in this Contract,
PAJ and the Buyer will mutually discuss to decide on the same.

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IN WITNESS WHEREOF, the parties prepare one original and one duplicate of thisContract, putting their names and seals thereon respectively, and PAJ will retain theoriginal and the Buyer will retain the duplicate.
th,PAJ:
3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, Japan
Petroleum Association of Japan
Senior Managing Director: Shinya Okuda

Buyer:

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Exhibit
1. Properties to be transferred
Item

Name of Property

Numberand volume

Transfer date

LocationTransfer Price (yen)Total

2. The Bank account to which the Transfer Price should be remitted
Mizuho Bank, Ltd.
Marunouchi Branch
A/C No.: 2128021
C/O: Sekiyu Renmei
SWIFT CODE: MHCBJPJT4