Temporary Secondment : LC0164697

EMPLOYMENT CONTRACT

Between

The Employer, Atlas Services Group Cyprus Ltd, having its registered office and principal place of business at Kanson House 3rd
Floor, 179 Ayias Fylaxeos Street, 3083 Limassol, Cyprus, legally represented in this matter by Doulla Hajipoli
 
and 
 

The Employee:

Name : Ion Covanji

Drumul Osiei 18-28 bl. 3 sc. B ap. 27
Street name / place of residence / postal code : 062395 Bucharest
Romania
Date of birth : 14 April 1994
Place and country of birth : Republic of Moldova, Moldova
Nationality : Romania 

                 
Identification (passport/identity card) number : Romania Passport: 057533009 valid until: 06 June 2029

Assignment Details

We are pleased to confirm the details of your initial temporary assignment with Atlas Services Group Cyprus Ltd:

Job Title Floorman

The Customer: Shelf Drilling Eurasia Ltd
The Location: Denmark
Vessel name: Shelf Winner
Vessel/Rig/Platform owner/operator name: Shelf Drilling Eurasia Ltd
Vessel/Rig/Platform owner/operator Address: c/o Intertrust (Denmark) A/S Harbour House Kobenhavn Denmark
Flag of the vessel: Liberia
Start of Services (approx): 29 Mar 2023
End of Services (approx): 19 Apr 2023
Working hours: 12 Hours Per Day and 7 Days Per Week
Applicable CBA: N/A
Visa requirements: N/A

Chargeable Days: As agreed with Atlas, based on customer approved timesheet

Client specific travel policy: Costs up to 518 GBP per trip

Salary payment date: Weekly

Expenses: Reasonable expenses shall be reimbursed based on scanned receipts/proof of purchase and Customer approved
expense claim form.

LC0164697 Page 1 / 9
 Tax Implication: Denmark deductions applicable. Note that the tax implication is only an estimate and no rights can be derived
from it.

Salary

Primary Rate:GBP 259.05 per day

Per diem: N/A

Travel Rate per day of travel: 0.00% of GBP 259.05

Additional Rates: N/A

Vaccinations: You must ask your doctor, medical centre or travel clinic for advice on vaccinations or other medical requirements.
Additional information may be obtained from the following WHO web address: http://www.who.int/ith/
Please note that Atlas Professionals may contact clients in order to gain feedback and appraisals on individuals performance
during the execution of the contract as part of our ISO quality procedures. Completed appraisal forms are for internal use only,
and would not be distributed externally without the Consultants or Employees prior consent.
All contract details are provisional and whereas every effort will be made to ascertain that these are correct, Atlas Services Group
Cyprus Ltd is in no way responsible if the contract is cancelled or delayed, or altered in anyway.

1. Definitions / Interpretations

In this Agreement the following words and expressions will have the following meanings:

1.1 “Agreement” shall mean this Employment Contract.

1.2 “Services” shall mean the type of work carried out by the Employee for the Customer.

1.3 “Customer” shall mean the company, firm or organisation together with any subsidiary or associated corporate body with
whom the Employer has entered into a contractual arrangement requiring as part of such contractual arrangement the provision of
personnel including but not limited to technical, administrative and managerial personnel.

1.4 “Client” shall mean any client of the Customer.

1.5 “Location” shall mean the locations where the Employee will provide Services.

1.6 “Project” shall mean any particular project the Employee is assigned to for the Customer.

1.7 “Service Period” shall mean the period of time that the Employee is assigned to work for a Customer (also known as contract
duration).

1.8 “Per Diem salary” shall mean the daily rate salary agreed for the service period.

1.9 Any reference to a statutory provision shall be deemed to include a reference to any statutory modification or re-enactment of
it.

1.10 Any reference to the Employee shall if appropriate include his personal representatives.

1.11 In case of questions or ambiguities of this Agreement, the Employee has the right to ask questions or seek advice from the
Employer or a relevant and competent third party.

1.12 The Employer engages the Employee to provide the Services at the nominated Location for the Customer and the Employee
agrees to provide the Services upon the terms and conditions of this Agreement.

1.13 The Employer strictly prohibits discrimination in any form against, employees, contractors, customers, clients or members of
the public, on the grounds of gender, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or
national origin, disability, religion or belief or age.

LC0164697 Page 2 / 9
 1.14 Within this contract, unless the context requires otherwise reference to the singular includes the plural and reference to the
masculine includes the feminine and vice versa. The headings contained in this Contract for Services are for convenience only
and do not affect its interpretation. 

2. Assignment details

2.1 “Assignment” is the temporary services to be carried out by the Employee for the Client as more particularly described in the
relevant Assignment Details.
2.2 “Assignment Details” means the overview contained in this Agreement specifying the details of the assignment.

3. Duration

3.1 This Agreement shall be effective from the Date of Commencement and up to the Expected End Date of the Assignment
including any extension to the Assignment as may be agreed in writing by the parties.

4. Employee's Services

4.1 The Employee will provide specialist Services to the Customer with all due care and skill and to the best of his ability and shall
use his reasonable endeavours to promote the interests of the Customer and the Employer.

4.2 The work carried out by the Employee shall be carried out to the satisfaction of the Customer.

4.3 The Employee shall co-operate with the Customer and accept the direction, supervision and control of any responsible person
within the Customer’s organisation.

4.4 The Employee shall observe any relevant rules and regulations of the Customer’s establishment to which attention has been
drawn or which the Employee might reasonably be expected to ascertain.

4.5 The Employee shall promptly give to the Customer all such information and reports as it may reasonably require in connection
with matters relating to the provision of the Services, and be available to provide such assistance or information as the Employer
may require.

4.6 The Employee shall not engage in any conduct detrimental to the interests of the Customer, Client or Employer.

4.7 The Employee shall carry evidence of the required qualifications with the Employee at all times.

4.8 Any dispute regarding the provision of the Services by the Employee will, in the first instance, be dealt with by the Client or
Customer. The Employee shall keep the Employer fully notified of any such dispute and all representations, correspondence,
proceedings and any action taken in respect of such dispute.

4.9 The provisions of sub-clause 4.8 are without prejudice to any rights or remedies of the Employer under the terms of this
Agreement.

4.10 The Employee will be responsible for observing all relevant laws and regulations applicable to the provision of the Services at
the Location.

4.11 Unless agreed otherwise, the Employee will be responsible for supply of all personal protection equipment, overalls, sea
boots with oils resistant soles and a hard hat.

4.12 Based on commercial considerations, the Employer shall endeavour to facilitate any Customer specific training programs
both on board and ashore in an effort to encourage further training and education of the Employee to improve individual
employment prospects and to meet the changing technology and labour market conditions of the maritime industry.

5. Cancellation

5.1 The Employee agrees that the Employer may cancel this Agreement upon reasonable notice without any liability at any time in
accordance with flag state regulations prior to the start of the Service Period. In the event of cancellation of the Services by the
Customer, compensation will be payable by the Employer to the Employee to include payment of all expenses incurred by the
Employee, hire days already completed up to and including the day the Employee returns to his home address.

LC0164697 Page 3 / 9
 6. Drug and Alcohol Policy including Blood and Urine testing

6.1 When travelling to and from the vessels or place of work and during port calls employees are still classed as working and the
normal high standards of behaviour expected of employees will prevail. Instances of poor behaviour, Alcohol abuse and
misconduct may be deemed gross misconduct, and will be considered a breach of this Agreement.

6.2 The Employee shall comply with the Customer’s substance abuse policy. The Employee will consent to the searching at any
time, of their persons and belongings by Customer or Client authorised representatives.

6.3 The Employee shall consent to the giving of a blood or urine sample.  The taking of a blood sample will be by a qualified
medical practitioner or a trained medical orderly under European standards, or equivalent, of clinical hygiene. The right of refusal
to submit to providing a blood sample will be sustained should the Employee:

i. be able to satisfactorily demonstrate objection on religious ethical or medical grounds in which case a urine sample will be
offered.

ii. have good reason to believe that the conditions of clinical hygiene do not conform to European or equivalent standards.

iii. have good reason to believe that the person taking the blood sample is not qualified or competent so to do.

7. Remuneration

7.1 As compensation for the provision of the Services the Employer shall pay the Employee a daily rate for each day worked by
the Employee, as specified in the Assignment Details to this Agreement. The Employee shall not be engaged in any capacity by
the Employer between assignments, and shall not therefore be entitled to receive payment from the Employer for time between
assignments, whether in respect of holidays, illness or absence for any other reason unless otherwise agreed.

7.2 The Employee shall, on the last day of the month, submit all supporting information including an approved timesheet and
expense form for the Services completed in that calendar month.

7.3 Payment of remuneration is normally made by way of bank electronic transfer.

7.4 The Employer shall provide a monthly remittance notice of the payments made to the Employee including pay, additional
payments and the exchange rate used (if payment has been made in a currency or at a rate different from the one agreed to).

7.5 The Employer endeavours to utilise the most reliable and economical method. Bank transfer charges are deducted from
monthly salary.

7.6 For the avoidance of doubt, the Employer shall not charge the Employee a fee for the provision of the employment.

7.7 The Employee will not be entitled to payment for any overtime in addition to the day rate unless specifically authorised and
approved in writing by the Customer.

7.8 The parties acknowledge that liability for the payment of the Employee’s remuneration for the Services provided to the
Customer shall be payable solely by the Employer and no liability therefore shall rest on or be attributable to the Customer and the
Employee shall have no right of recourse against the Customer for any amounts payable to the Employee by the Employer under
this Agreement.

7.9 Unless the Customer has agreed to bear the costs, the Employee shall be responsible for any costs associated with any
necessary inoculations or vaccinations necessary for the provision of the Services.

7.10 The Employee’s entitlement to days leave per month and statutory public holiday is inclusive of the day rate. No payment will
be made whilst on leave as this is a short term contract and the day rate is consolidated, that is, the leave pay and public holiday
portion is included in the monthly gross salary.

7.11 There is no provision for payment to be made in lieu of leave.

8. Service Periods

8.1 the working days and hours of work per day will be stated in the Assignment Details to this Agreement.

LC0164697 Page 4 / 9
 8.2 The duration of the individual Service Periods will be mutually agreed between Customer, Employer and Employee prior to the
commencement of each Service Period.

8.3 The Employee will be flexible in complying with the Customer or Employer’s operational crew changes, mobilisation and
demobilisation requirements.

9. Travel Expenses

9.1 Unless the Employee has been advised otherwise, the Employer will be responsible for the provision/reimbursement at cost of
all necessary and reasonably incurred economy/second class travel expenses incurred by the Employee for travel from his home
address to the location and return or as otherwise agreed between Employer, the Employee and the Customer.

9.2 The Employee will provide a written detailed breakdown of all incidental travel expenses incurred in execution of his contract.
All unusual or major expenses must be approved by the Employer prior to purchase. All expense items must be receipted, the
Employer reserves the right not to reimburse items where no receipt is provided. The Employer will provide a form for this
purpose.

9.3 Unless otherwise agreed between Employer, the Employee and the Customer, the Customer will be responsible for the
provision of food and accommodation for the Employee during the Services Period.

10. Termination

10.1 The Employer or the Client may, without prior notice or liability, terminate the Employee’s Assignment at any time. At the end
of each Assignment or on request the Employee agrees to deliver up to the Client or the Employer (as directed) all documents
(including copies), ID cards, swipe cards, equipment, passwords, pass codes and other materials belonging to the Client which
are in its possession, including any data produced, maintained or stored on the Client’s computers systems or other electronic
systems.

10.2 The Employee acknowledges that the continuation of an Assignment is subject to and dependent on the continuation of the
agreement entered into between the Employer and the Client. If that agreement is terminated for any reason, the Assignment shall
cease with immediate effect without liability to the Employee, except for payment for work done up to the date of termination of the
Assignment.

10.3  Employee is entitled to repatriation at Employer´s expense in the following circumstances:

If the Agreement expires while being abroad;

When the Agreement is terminated:

By the Employer, unless the Employee acts contrary to the HSE Handbook of Atlas Professionals or the Clent's Safety
Regulations & Instructions ; or
By the Employee for justified reasons; and also

When Employee is no longer able to carry out his duties under the Employment Contract or cannot be expected to carry them out
in the specific circumstances:

In the event of illness or injury or other medical condition which requires Employee’s repatriation when found medically fit
to travel;

11. Confidential Information

11.1 The Employee agrees to treat as secret and confidential, and not at any time for any reason to disclose or permit to be
disclosed to any person or otherwise make use of or permit to be made use of any unpublished information relating to the
Customer’s technology, or other know-how, business plans or finances or any such information relating to a subsidiary, supplier,
customer or Client of the Customer where the information was received during the period of this Agreement and upon termination
of this Agreement for whatever reason the Employee shall deliver up to the Customer all working papers, computer disks and
tapes or other material and copies provided to or prepared by him pursuant either to this Agreement or to any previous obligation

LC0164697 Page 5 / 9
 owed to the Customer. The Employee shall comply with such reasonable obligations as the Customer may from time to time
impose with regard to secrecy and confidentiality. The Employee shall comply with Customer request to sign the Customer’s
standard confidentiality agreement if requested by the Customer or Employer.

11.2 The Employee hereby assigns to the Customer all existing and future Intellectual Property Rights (including without limitation,
patents, copyright and related rights) and inventions arising from the services the Employee provides for the Customer. The
Employee agrees to promptly execute all documents and do all acts as may in the opinion of the Employer, be necessary to give
effect to this clause 11.

11.3 The Employee shall clearly identify any information over which the Employee has pre-existing rights. The Employee warrants
and represents that the Customer shall have an unfettered right to use such information over which the Employee has pre-existing
rights.

11.4 The Employee acknowledges that, except as provided by law, no further fees or compensation other than those provided for
in this agreement are due or may become due to the Employee in respect of the performance of its obligations under this clause
11.

12. Data Protection

12.1 The Employee consents to the Employer holding and processing data relating to the Employee for legal, personnel,
administrative and management purposes and in particular to the processing of any "sensitive personal data" (in accordance with
the applicable privacy legislation) relating to the Employee including, as appropriate: information about the Employee’s physical or
mental health or condition in order to monitor sick leave and take decisions as to the Employee’s fitness for work; or the
Employee’s racial or ethnic origin or religious or similar beliefs in order to monitor compliance with equal opportunities legislation;
information relating to any legal proceedings in which the Employee may have been involved with for insurance purposes and in
order to comply with legal requirements and obligations of third parties; and the Employee consents to the Employer making such
information available to those who provide products or services to the Employer such as advisers, regulatory authorities,
governmental or quasi governmental organisations and potential purchasers of the Employer or any part of its business.

13. Force Majeure

13.1 Neither party shall be liable to the other, or be deemed to be in breach of this Agreement by reason of any delay in the
performance of its obligations due to any cause beyond its reasonable control including without limitation act of god, terrorism,
explosion, tempest, fire, accident, war or threat of war, sabotage, insurrection, civil disturbance or requisition, acts, restrictions,
regulations, bye-laws, prohibitions or measures of a similar kind that on the part of any governmental or other regulatory authority,
strikes, lock outs or other industrial action or disputes.

14. Taxes

14.1 Where a liability to pay tax arises in connection with the provision of services in the state of work, the Employee agrees that
Employer is authorized to withhold from the Employee’s salary sufficient funds to pay any tax which the Employer is legally
obligated to pay on the Employees behalf. The Employee will receive a receipt of the withheld and paid taxes. If the withheld funds
are not sufficient to pay all taxes due, the Employee will be responsible for the shortfall. Employees are advised to use the
services of a professional accountant to prepare their annual tax return and to ensure compliance in their normal country of
residence. 

14.2 The Employee shall be fully responsible for and shall indemnify the Employer and Customer for and in respect of any
payment of any Cypriot or non Cypriot tax including but not limited to:

i. Any income tax, National Insurance and Social Security contributions and any other liability, deduction, contribution, assessment
or claim arising from or made in connection with either the performance of the Services or any payment or benefit received by the
Employee in respect of the Services. The Employee shall further indemnify the Employer and Customer against all reasonable
costs, expenses and any penalty, fine or interest incurred or payable in connection with or in consequence of any such liability,
deduction, contribution, assessment or claim other than where the latter arises out of the Employer’s negligence or wilful default.

ii. Any liability for any employment-related claim or any claim based on worker status (including reasonable costs and expenses)
brought by the Employee against the Employer or Customer  arising out of or in connection with the provision of the Services,
except where such claim is as a result of any act or omission of the Employer.

LC0164697 Page 6 / 9
 14.3 The Employer reserves the right to request documented proof that the Employee is compliant with all relevant Cypriot and
non Cypriot taxes and social security schemes in relation to the Services provided.

14.4 In the event that the Employee is mandatorily covered by a social security system, the Employer is authorised to withhold
from Employee’s salary sufficient funds to pay the Employees part to the social security system. The Employee will be informed
accordingly. In the event that the Employee is not mandatorily covered by the social security system of Cyprus or any other state,
the Employer is obligated to inform the Employee in a timely fashion and the Employee is strongly advised to contribute to the
social security schemes (voluntary or mandatory) in their country of residence.  Where applicable, the Employer may apply for an
A1/Certificate of Coverage in order to retain the employee within the scope of the social security scheme in their country of
residence

15. Certification and Curriculum Vitae

15.1 The Employee will ensure that his Survival and Safety certificate, Medical certificate, passport, and any other certification or
documents normally required by his profession are renewed before expiry and remain current. The Employee will advise the
Employer of any impending expiration date so that the Employer has sufficient time to arrange the necessary re-certification on the
Employee’s behalf.

15.2 The Employee warrants that all details of his / their educational and professional experience, as presented in Curricula Vitae
or other documentation, and Medical History as supplied to Employer are true and correct in all respects.

15.3 The Employee is obliged to inform the Employer promptly in writing about changes in his marital status, composition of the
family, address, country of residency or nationality or other facts or circumstances of which the Employee can reasonably suspect
that these could cause any damage to the Employer or the Customer in relation to the exercise of his position.

16. Liability, Insurance and Indemnity

16.1 The Employer shall have in place insurance policies to cover the Employee for the period of the provision of the Services, as
listed below:

i. Employer’s Liability Insurance to a limit of €5,000,000 for any one occurrence.

ii. Public and Products Liability Insurance to a limit of €5,000,000 for any one occurrence.

iii. Business Travel Insurance (including medical repatriation) to cover the Employee whilst working outside the Employee’s
country of residence.

iv. Personal Accident Insurance to a limit of €115,000 for death or permanent total disablement. Payment to be made in
accordance with policy conditions.

16.2 Full details as to the scope of the insurance polices shall be made available to the Employee upon request.

16.3 The Employer shall in no circumstances be held liable for any indirect or consequential losses incurred or suffered by the
Employee arising as a result of the provision of the Services pursuant to this Agreement.

16.4 The Employee shall indemnify and keep indemnified the Employer against all or any claims arising as a result of any loss or
damages incurred or otherwise arising as a result of the negligence of the Employee in the provision of the Services to the
Customer or Client.

16.5 Notwithstanding anything else contained herein, the Employer’s sole liability to the Employee under this Agreement, in tort or
generally at law shall be limited to any amount recovered under insurances provided by the Employer pursuant to Clause 16.1
hereto.

16.6 In the event that the Employee suffers total or partial loss of or damage to, his personal effects whilst serving on board a ship,
the Employee shall be entitled to recover compensation as per the Customer’s P&I coverage. The Employee shall certify that any
information provided with regards to lost property is true to the best of his knowledge.

17. Assignment

LC0164697 Page 7 / 9
 17.1 The Employer may assign this Agreement without consent (i) to any corporate affiliate controlled by or under common control
with such assigning party; and (ii) in connection with a merger, consolidation or sale, transfer or exchange of all or substantially all
of its assets or stock, or the sale of the business to which this Agreement relates.

18. Documents

18.1 By signing this Agreement the Employee acknowledges that they have received information about;

i. QHSE Policy, Atlas Professionals.

ii. General Safety Items; Rules of Conduct / Drug & Alcohol Policy / Reporting of Illness / First Aid / Reporting of Accidents &
Incidents / Transportation / Clients Safety Regulations & Instructions

iii. Personal Safety Items; Worksite / Safety Regulations / Safety Clothing

iv. Complaints Handling Procedure;

19. Entire Agreement

19.1 This Agreement sets out the entire agreement of the parties and supersedes all prior agreements and understandings
relating to its subject matter.

20. Collective Agreements

20.1 Upon entering into this Agreement, no collective agreements are applicable. When a collective agreement is applicable, this
will be confirmed to the Employee in the Assignment Details .

21. Governing Law

21.1 This Agreement shall be governed by the Laws of Cyprus and the parties hereby submit themselves to the exclusive
jurisdiction of the Cypriot courts.

22. Signature

22.1 The Agreement will be signed electronically. One copy must be carried by the Employee to be made available to the
authorities on request.

Place of where Agreement was entered into: Cyprus

 
The Employer - Atlas Services Group Cyprus Ltd

Name: Doulla Hajipoli  
Position: Office Manager / Administrator & Operations Support
Date:2023-03-08 10:37:08  
The Employee's Signature:
 
{{Sig_es_:signer1:signature}}
Covanji Ion (Mar 9, 2023 10:17 GMT+2)

Name: Ion Covanji
Mar 9, 2023
Date:{{Dte_es_:signer1:date}}

LC0164697 Page 8 / 9
 Bucharest
Place: {{*city_es_:signer1}}

LC0164697 Page 9 / 9
LC0164697 Contract
Final Audit Report 2023-03-09

Created: 2023-03-08

By: Atlas Professionals (webdevelopment@atlasprofessionals.com)

Status: Signed

Transaction ID: CBJCHBCAABAAF1LpGkCIWmEuRslH36PL8BsaLv294eAX

"LC0164697 Contract" History

Document created by Atlas Professionals (webdevelopment@atlasprofessionals.com)
2023-03-08 - 10:47:07 AM GMT- IP address: 85.222.158.8

Document emailed to covanji94@gmail.com for signature

2023-03-08 - 10:47:13 AM GMT

Email viewed by covanji94@gmail.com

2023-03-08 - 10:47:19 AM GMT- IP address: 74.125.208.150

Email viewed by covanji94@gmail.com

2023-03-09 - 8:16:09 AM GMT- IP address: 74.125.208.150

Signer covanji94@gmail.com entered name at signing as Covanji Ion

2023-03-09 - 8:17:26 AM GMT- IP address: 86.127.147.250

Document e-signed by Covanji Ion (covanji94@gmail.com)

Signature Date: 2023-03-09 - 8:17:28 AM GMT - Time Source: server- IP address: 86.127.147.250

Agreement completed.
2023-03-09 - 8:17:28 AM GMT