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DOCUMENT TITLE:  GRACE PLATFORM LEASE AGREEMENT BETWEEN VENOCO, INC. AND CRYSTAL ENERGY, LLC DATED MARCH 1, 2003 .
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Clause Heading
2.0 - OPTION TO LEASE GRACE PLATFORM AND LEASE OF GRACE PLATFORM
3.0 - TERM OF AGREEMENT AND LEASE TERM
4.0 - COMPUTATION OF RENT
(a) - BASE MONTLY RENT:
(b) - VARIABLE RENT:
(c) - METHOD FOR REVIEWING COMPUTATION OF RENT:
5.0 - PLATFORM DESCRIPTION, SURVEYS AND CURRENT USES
6.0 - REGULATORY PERMITS
7.0 - LNG SYSTEM DESCRIPTION
8.0 - MUTUAL OBLIGATIONS
9.0 - PLATFORM CAPACITY
10.0 - ADDITIONAL CAPACITY AND FUTURE MODIFICATIONS OR USES
11.0 - OWNERSHIP AND ABANDONMENT
12.0 - GOVERNMENTAL COMPLIANCE
13.0 - ANNUAL BUDGET
14.0 - EMERGENCY PROCEDURES
15.0 - RELATIONSHIP OF THE PARTIES
16.1 - LIABILITY AND INDEMNIFICATION BY LESSEE.
(a) - THE CONSTRUCTION, MAINTENANCE, REPAIR, OPERATION AND ABANDONMENT OF THE LNG SYSTEM AND
16.2 - LIABILITY AND INDEMNIFICATION OF PLATFORM OWNER.
(b) - PLATFORM OWNER'S PIGGING OPERATION ON THE GRACE PLATFORM
17.0 - WARRANTY OF TITLE
18.0 - FORCE MAJEURE
19.0 - RULES AND REGULATIONS
20.0 - DEFAULT
21.0 - NOTICES
22.0 - VENUE/APPLICABLE LAW
23.0 - ASSIGNMENT OF INTEREST
24.0 - CONFIDENTIALITY
25.0 - MISCELLANEOUS
25.2 - Public Announcements
25.6 - Waivers.
25.7 - Amendment.
25.8 - Headings.
ARTICLE 1 - DEFINITIONS
ARTICLE 2 - PROCEDURE
(a) - Description and Goals
(i) - Binding
(b) - Duty to Negotiate
(a) - Arbitration
(b) - Initiation of Arbitration
(c) - Governing Procedures