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      &lt;font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"&gt;&lt;b&gt;(6)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;COMMITMENTS

      AND CONTINGENCIES&lt;/b&gt;&lt;/font&gt;

    &lt;/p&gt;&lt;br/&gt;&lt;p id="PARA4121" style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt"&gt;

      &lt;font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"&gt;We

      have contingent liabilities and future claims for which we

      have made estimates of the amount of the eventual cost to

      liquidate these liabilities or claims. These liabilities and

      claims may involve threatened or actual litigation where

      damages have not been specifically quantified but we have

      made an assessment of our exposure and recorded a provision

      in our accounts for the expected loss. Other claims or

      liabilities, including those related to taxes in foreign

      jurisdictions, may be estimated based on our experience in

      these matters and, where appropriate, the advice of outside

      counsel or other outside experts. Upon the ultimate

      resolution of the uncertainties surrounding our estimates of

      contingent liabilities and future claims, our future reported

      financial results will be impacted by the difference, if any,

      between our estimates and the actual amounts paid to settle

      the liabilities. In addition to estimates related to

      litigation and tax liabilities, other examples of liabilities

      requiring estimates of future exposure include contingencies

      arising out of acquisitions and divestitures. Our contingent

      liabilities are based on the most recent information

      available to us regarding the nature of the exposure. Such

      exposures change from period to period based upon updated

      relevant facts and circumstances, which can cause our

      estimates to change. In the recent past, our estimates for

      contingent liabilities have been sufficient to cover the

      actual amount of our exposure. We do not believe that the

      outcome of these matters will have a material adverse effect

      on our business, financial condition, or results of

      operations.&lt;/font&gt;

    &lt;/p&gt;&lt;br/&gt;&lt;p id="PARA4123" style="TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt"&gt;

      &lt;font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"&gt;In

      2011, we were made aware that a Brazilian state in which we

      have operated vessels has asserted that certain companies

      could be assessed for state import taxes with respect to

      vessels that have operated within Brazilian coastal waters.

      We have neither been formally notified nor assessed with this

      tax by the Brazilian state. No accrual has been recorded as

      of June 30, 2013 for any liabilities associated with a

      possible future assessment. We can&amp;#8217;t predict whether

      any such tax assessment may be made in the future.&lt;/font&gt;

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