Document:

Annex
l

     

    LOAN
AGREEMENT

     

    
      
        
          	
                  Lender

                	
                  HARTMANN
      ASIA HOLDING PTE LTD

                
	 
      	
                  1
      North Bridge Road

                
	 
      	
                  High
      Street Centre #06 - 18/19/20/21

                
	 
      	
                  Singapore
      179094

                
	 
      	 
      
	 
      	
                  (hereinafter
      referred to as “Lender”)

                
	 
      	 
      
	
                  Borrower:

                	
                  ATL
      Offshore GmbH & Co. “ISLE OF USEDOM” KG

                
	 
      	
                  Neue
      Str. 24, 26789 Leer

                
	 
      	 
      
	 
      	
                  (hereinafter
      referred to as
“Borrower”)

                

        

      

    

    

    The
Lender grants the Borrower an Loan of

     

    USD
6,000,000.00

    (in
words: United States Dollars six million, hereinafter referred to as the
“Loan”)

     

    The
following terms and conditions shall apply to the Loan:

     

    
      	
              1.

            	
              Drawdown

            

    

     

    The
Lender shall grant to the Borrower the Loan immediately after signing of this
loan agreement.

     

    
      	
              2.

            	
              Interests

            

    

     

    The Loan
shall bear interest of 6% p.a. Interests shall be calculated on the basis of the
exact number of days outstanding, the exact amount outstanding and a 360 days
year and he payable in one lump sum upon repayment of the Loan.

     

    
      	
              3.

            	
              Duration
      and Repayment

            

    

     

    The Loan
shall be granted until September 30, 2010.  The Borrower shall be
entitled to repay all or any portion, without penalty at any time prior to the
end of the loan period without further notice, beginning upon granting of the
Loan.

     

    The
Borrower and eleven sister companies are in negotiations with Norddeutsche
Landesbank Girozentrale, Hannover, Germany, (“Nord/LB”) about additional
financing of abt. EUR 10,000,000.00.  NORD/LB is currently requesting
additional abt. EUR 18,000,000.00 to be borne by the shareholders.  If
such additional financing will be made available prior to September 30, 2010,
the Loan shall be repayable immediately after draw down of the additional
financing.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    Annex
l

     

    
      	
              4.

            	
              Purpose
      of the Loan

            

    

     

    The
Borrower shall use the Loan to fund its operating activities including interest
and redemption payments to NORD/LB of its own activities as well as — via inter
company loans — the activities of eight sister companies.

     

    
      	
              5.

            	
              Securities

            

    

     

    No
securities shall be provided to the Lender.

     

    
      	
              6.

            	
              Subordination

            

    

     

    The Loan
shall at all times be subordinated in all respects to any claims of first
ranking mortgagee NORD/LB.

     

    
      	
              7.

            	
              Undertakings

            

    

     

    
      	
              7.1

            	
              The
      parties hereto hereby irrevocably undertake not to amend, vary, change or
      supplement this loan agreement without the prior written consent of
      Nord/LB

            

    

     

    
      	
              7.2

            	
              The
      Lender hereby irrevocably undertakes not to terminate this Loan or to
      declare an event of default hereunder und/or to accelerate the Loan and/or
      demand premature repayment thereof without the prior written consent of
      Nord/LB.

            

    

     

    
      	
              8.

            	
              Final
      provisions

            

    

     

    Modifications
and addenda for this agreement have to take place in written
form.  Should one of the articles be ineffectual, the other points are
not affected.

     

    Any
dispute arising out of or in connection with this LOAN AGREEMENT that cannot be
settled amicably shall be submitted to the exclusive jurisdiction of the Leer
court.  The LOAN AGREEMENT shall be governed by, and interpreted in
accordance with laws of the Federal Republic of Germany.

     

    Leer,
August 31, 2010

     

    
      
        	
                /s/ Niels Roggemann

              	 
      	
                /s/ Björn Jochmann

              
	
                Niels Roggemann
      for and on behalf of

              	 
      	
                Björn
      Jochmann for and on behalf of

              
	
                ATL
      Offshore GmbH

              	 
      	 
      
	
                acting
      for and on behalf of

              	 
      	
                HARTMANN
      ASIA HOLDING PTE LTD

              
	 
      	 
      	 
      
	
                ATL
      Offshore GmbH & Co. “ISLE OF

              	 
      	 
      
	
                USEDOM”
      KG

              	
                  

              	 
      

      

    

    
      
         

      

      
        2Annex 1
to the shareholders' resolution as of September 27, 2010

    

    Addendum
1

    to
the

    

    LOAN
AGREEMENT

    

    dated
August 31, 2010

    between

    

    HARTMANN
ASIA HOLDING PTE LTD

    1 North
Bridge Road ; High Street Centre #06 - 18/19/20/21

    Singapore
179094

    

    ATL
Offshore GmbH & Co. "ISLE OF USEDOM" KG

    Neue Str.
24 ; 26789 Leer

    

    The
parties agree to revise the Loan Agreement as follows:

    

    
      	
               
      

            	
              ·

            	
              The
      loan amount shall be increased by USD 3,400,000.00 (in words: USD three
      million four hundred thousand; the "Loan Increase") to USD 9,400,000.00
      (in words: USD nine million four hundred thousand, the
      "Loan").

            

    

     

    
      	
               
      

            	
              ·

            	
              The
      Loan Increase shall be granted to the Borrower immediately after signing
      of this Addendum 1.

            

    

     

    
      	
               
      

            	
              ·

            	
              Clause
      3. Duration and Repayment shall be restated as
  follows:

            

    

     

    "The Loan
shall be granted until October 29, 2010. The Borrower shall be entitled to repay
all or any portion, without penalty at any time prior to the end of the loan
period without further notice."

     

    
      	
               
      

            	
              ·

            	
              All
      other terms shall remain unchanged.

            

    

     

    Leer,
September 28, 2010

    

    
      
        
          
            
              	
                      /s/ Niels Roggemann

                    	 	
                      /s/ Björn Jochmann

                    
	
                      
Niels Roggemann for and on behalf of ATL Offshore GmbH

                    	 	
                      Björn
      Jochmann for and on behalf of

                    
	
                      acting
      for and on behalf of

                    	 	
                      HARTMANN
      ASIA HOLDING PTE LTD

                    
	
                      ATL
      Offshore GmbH & Co. “ISLE OF USEDOM” KG

                    	 	 
      

            

          

        

      

    

    
      
         

      

      
        1ANNEX
1

    

    Addendum
2

    

    to
the

    

    LOAN
AGREEMENT

    

    between

    

    HARTMANN
ASIA HOLDING PTE LTD

    

    1 North
Bridge Road ; High Street Centre #06 - 18/19/20/21

    

    Singapore
179094

    

    and

    

    ATL
Offshore GmbH & Co. “ISLE OF USEDOM” KG

    

    Neue Str.
24 ; 26789 Leer

    

    The
parties have entered into a LOAN AGREEMENT dated August 31, 2010 as amended with
Addendum No. 1 dated September 28, 2010.

     

    The
parties agree to revise LOAN AGREEMENT as follows:

     

    
      	
               
      

            	
              ·

            	
              The
      loan amount shall be increased by USD 17,000,000.00 (in words: USD
      seventeen million; the “Loan Increase 2”) to USD 26,400,000.00 (in words:
      USD twenty six million for hundred thousand, the
  “Loan”).

            

    

     

    
      	
               
      

            	
              ·

            	
              The
      Loan Increase 2 shall be granted to the Borrower immediately after signing
      of this Addendum 2.

            

    

     

    
      	
               
      

            	
              ·

            	
              Clause
      3 (Duration and Repayment) shall be restated as
  follows:

            

    

     

    “The Loan
shall be granted until January 1, 2013. The Borrower shall be entitled to repay
all or any portion, without penalty at any time prior to the end of the loan
period without further notice.”

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    ANNEX
1

    

    
      	
               
      

            	
              ·

            	
              Clause
      6 (Subordination) shall be restated as
follows:

            

    

     

    “The Loan
shall at all times be subordinated in all respects to (1) any claims of first
ranking mortgagee NORD/LB and to (2) any claims NORD/LB has out of the EUR 10.0
million Working Capital Facility.”

     

    
      	
               
      

            	
              ·

            	
              All
      other terms shall remain unchanged.

            

    

     

    Leer,
October 25, 2010

    

    
      
        
          
            	
                    /s/ Niels Roggemann              

                  	 
      	
                    /s/ Björn Jochmann               

                  
	
                    
 Niels Roggemann for and on behalf of

                  	 
      	
                    Björn
      Jochmann for and on behalf of

                  
	
                    ATL
      Offshore GmbH

                  	 
      	
                     

                  
	
                    acting
      for and on behalf of

                  	 
      	      
                    HARTMANN
      ASIA HOLDING PTE LTD  

                  
	
                    ATL
      Offshore GmbH & Co. “ISLE OF

                  	 
      	 
      
	
                    USEDOM”
      KG

                  	 
      	 
      

          

        

      

    

     

    
      
         

      

      
        2

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