13D Filing: Huber Capital Management and Teekay Tankers Ltd (TNK)

Page 20 of 23

Page 20 of 23 – SEC Filing

10.16
Governing Law. This Agreement will be deemed to be made in and in all respects will be interpreted, construed
and governed by and in accordance with the Laws of the State of Delaware without giving effect to any choice of Law or conflict
of Laws provision or rule that would cause the application of the Laws of any jurisdiction other than the State of Delaware.

[Signature page follows]

Follow Teekay Tankers Ltd (NYSE:TNK)

Page 20 of 23