Rule 45 Cases pertaining to acquisition or disposal of the Vessel

The Association shall cover legal and other costs necessarily incurred in establishing or resisting claims in connection with;

1. building, purchase or mortgaging of the Vessel, including claims in connection with the future employment of the Vessel being built or purchased, provided always that the Vessel has been entered in the Association for Defence cover at the latest on signing the relevant contract;

2. sale of the entered Vessel;

3. conversion of the Vessel, including claims in connection with the future employment of the Vessel being subject to conversion, provided always that a separate agreement, pursuant to which the Association agrees to provide Defence cover for such legal and other costs, has been entered into with the Association at the latest on the signing of the relevant contract for the conversion of the Vessel.

4. alterations to the Vessel, including claims in connection with the future employment of the Vessel being subject to alteration.