Common use of ECOLOGICAL CONTROL Clause in Contracts

ECOLOGICAL CONTROL. THE ASSOCIATE, in developing all activities under this contract, shall comply with all provisions of the National Code of Renewable Natural Resources and Protection of the Environment and other legal dispositions on this subject. To this end, THE ASSOCIATE shall implement a permanent preventive plan to assure the preservation and restoration of the natural resources within the areas in which the exploration, exploitation and transportation work is realized as provided for in this contract. Said plans and schedules must be divulged by THE ASSOCIATE to the national and regional communities and entities involved in this matter. Likewise, specific contingency plans must be developed to respond to emergencies and to implement remedial actions. THE ASSOCIATE shall coordinate said plans and actions with the appropriate entities. Schedules and budget pertaining to said plans shall be prepared by the Associate in accordance with pertinent clauses of this contract. All costs thus generated shall be assumed by THE ASSOCIATE during the Period of Exploration and by Both Parties, chargeable to the Joint Account, during the Exploitation period. CLAUSE 31743 TAXES, CHARGES AND OTHERS Any taxes and charges accrued after the establishment of the Joint Account and before the Parties receive their production share, related to Oil exploitation, shall be charged to the Joint Account. Revenue, capital gains and related taxes shall be payable by each Party as applicable to each one. 32.1 THE ASSOCIATE shall designate the Operator's Manager after consultation with ECOPETROL. 32.2 Pursuant to the terms of this contract and subject to the norms to be established thereof, the Operator shall have autonomy in appointing the personnel required for the operations thereunder, and shall be able to determine their remuneration, duties, rank, number and conditions. The Operator shall adequately and diligently train said Colombian personnel as may be required to replace foreign personnel, as Operator deems necessary to perform the operations hereunder. Nevertheless, the Operator shall comply with all regulations of law governing the proportion of national and foreign employees and laborers.

ECOLOGICAL CONTROL. In performing work hereunder, THE ASSOCIATE, in developing all activities under this contract, shall ASSOCIATE should comply with all the provisions of the National Code of for Renewable Natural Resources and Environmental Protection of the Environment and other legal dispositions provisions on this subjectmatter. To this end, THE ASSOCIATE shall implement undertakes to carry out a permanent preventive prevention plan to assure the preservation guarantee conservation and restoration of the natural resources within the areas in which the explorationzones where it carries out Exploration, exploitation development and transportation work is realized as provided for in this contracttransport hereunder. Said THE ASSOCIATE should make these plans and schedules must be divulged by THE ASSOCIATE programs known to the communities and to national and regional communities and entities involved in this matter. Likewise, specific contingency plans must should be developed established to respond to deal with emergencies and to implement take pertinent remedial actionsaction. To this end, THE ASSOCIATE should coordinate plans and action with the authorized entities. THE ASSOCIATE shall coordinate said plans must prepare the respective Budgets and actions with programs as set out in the appropriate entities. Schedules and budget pertaining to said plans shall be prepared by the Associate in accordance with pertinent clauses of this contract. All costs thus generated incurred shall be assumed by THE ASSOCIATE during in the Exploration Period of Exploration and by Both Parties, chargeable to the Joint Account, in sole risk operations during the Exploitation periodPeriod. CLAUSE 31743 TAXES, CHARGES AND OTHERS Any taxes and charges accrued after During the establishment of Exploitation Period these costs will be charged to the Joint Account and shared by both Parties. CLAUSE 31 - TAXES, LEVIES AND OTHERS Taxes and levies related to Hydrocarbon production, caused after the Joint Account has been set up but before the Parties receive their production share, related to Oil exploitation, shall be charged to the Joint Account. RevenueEach Party shall be exclusively liable for its ow taxes on income, capital gains and related taxes shall be payable by each Party as applicable to each onesimilar. 32.1 When THE ASSOCIATE shall designate is Operator, it should consult ECOPETROL before appointing the Manager for Operator's Manager after consultation with ECOPETROL. 32.2 Pursuant According to the terms of this contract hereof, and subject to the norms to be established thereofestablished, the Operator shall have autonomy in appointing be free to appoint the personnel required needed for the operations thereunderhereunder, and shall be able to determine their remunerationmay fix salary, duties, rank, number categories and conditionsconditions thereof. The Operator shall adequately and diligently train said be diligent in training Colombian personnel as may be required needed to replace the foreign personnel, as Operator deems personnel that it considers necessary to perform the for operations hereunder. NeverthelessIn any case, the Operator shall comply with all regulations of law governing legal provisions on the proportion of national local and foreign employees and laborerspersonnel.

ECOLOGICAL CONTROL. In performing work hereunder, THE ASSOCIATE, in developing all activities under this contract, shall ASSOCIATE should comply with all the provisions of the National Code of for Renewable Natural Resources and Environmental Protection of the Environment and other legal dispositions provisions on this subjectmatter. To this end, THE ASSOCIATE shall implement undertakes to carry out a permanent preventive prevention plan to assure the preservation guarantee conservation and restoration of the natural resources within the areas in which the explorationzones where it carries out Exploration, exploitation development and transportation work is realized as provided for in this contracttransport hereunder. Said THE ASSOCIATE should make these plans and schedules must be divulged by THE ASSOCIATE programs known to the communities and to national and regional communities and entities involved in this matter. Likewise, specific contingency plans must should be developed established to respond to deal with emergencies and to implement take pertinent remedial actionsaction. To this end, THE ASSOCIATE should coordinate plans and action with the authorized entities. THE ASSOCIATE shall coordinate said plans must prepare the respective Budgets and actions with programs as set out in the appropriate entities. Schedules and budget pertaining to said plans shall be prepared by the Associate in accordance with pertinent clauses of this contract. All costs thus generated incurred shall be assumed by THE ASSOCIATE during in the Exploration Period of Exploration and by Both Parties, chargeable to the Joint Account, in sole risk operations during the Exploitation periodPeriod. CLAUSE 31743 TAXES, CHARGES AND OTHERS Any taxes and charges accrued after During the establishment of Exploitation Period these costs will be charged to the Joint Account and shared by both Parties. ROSABLANCA ASSOCIATION CONTRACT - with Gas Incentives Page 36. -------------------------------------------------------------------------------- CLAUSE 31 - TAXES, LEVIES AND OTHERS Taxes and levies related to Hydrocarbon production, caused after the Joint Account has been set up but before the Parties receive their production share, related to Oil exploitation, shall be charged to the Joint Account. RevenueEach Party shall be exclusively liable for its own taxes on income, capital gains and related taxes shall be payable by each Party as applicable to each onesimilar. 32.1 When THE ASSOCIATE shall designate is Operator, it should consult ECOPETROL before appointing the Manager for Operator's Manager after consultation with ECOPETROL. 32.2 Pursuant According to the terms of this contract hereof, and subject to the norms to be established thereofestablished, the Operator shall have autonomy in appointing be free to appoint the personnel required needed for the operations thereunderhereunder, and shall be able to determine their remunerationmay fix salary, duties, rank, number categories and conditionsconditions thereof. The Operator shall adequately and diligently train said be diligent in training Colombian personnel as may be required needed to replace the foreign personnel, as Operator deems personnel that it considers necessary to perform the for operations hereunder. NeverthelessIn any case, the Operator shall comply with all regulations of law governing legal provisions on the proportion of national local and foreign employees and laborerspersonnel.

ECOLOGICAL CONTROL. In performing work hereunder, THE ASSOCIATE, in developing all activities under this contract, shall ASSOCIATE should comply with all the provisions of the National Code of for Renewable Natural Resources and Environmental Protection of the Environment and other legal dispositions provisions on this subjectmatter. To this end, THE ASSOCIATE shall implement undertakes to carry out a permanent preventive prevention plan to assure the preservation guarantee conservation and restoration of the natural resources within the areas in which the explorationzones where it carries out Exploration, exploitation development and transportation work is realized as provided for in this contracttransport hereunder. Said THE ASSOCIATE should make these plans and schedules must be divulged by THE ASSOCIATE programs known to the communities and to national and regional communities and entities involved in this matter. Likewise, specific contingency plans must should be developed established to respond to deal with emergencies and to implement take pertinent remedial actionsaction. To this end, THE ASSOCIATE should coordinate plans and action with the authorized entities. THE ASSOCIATE shall coordinate said plans must prepare the respective Budgets and actions with programs as set out in the appropriate entities. Schedules and budget pertaining to said plans shall be prepared by the Associate in accordance with pertinent clauses of this contract. All costs thus generated incurred shall be assumed by THE ASSOCIATE during in the Exploration Period of Exploration and by Both Parties, chargeable to the Joint Account, in sole risk operations during the Exploitation periodPeriod. CLAUSE 31743 TAXES, CHARGES AND OTHERS Any taxes and charges accrued after During the establishment of Exploitation Period these costs will be charged to the Joint Account and shared by both Parties. CLAUSE 31 - TAXES, LEVIES AND OTHERS ▇▇▇▇▇ and levies related to Hydrocarbon production, caused after the Joint Account has been set up but before the Parties receive their production share, related to Oil exploitation, shall be charged to the Joint Account. RevenueEach Party shall be exclusively liable for its own taxes on income, capital gains and related taxes shall be payable by each Party as applicable to each onesimilar. 32.1 When THE ASSOCIATE shall designate is Operator, it should consult ECOPETROL before appointing the Manager for Operator's Manager after consultation with ECOPETROL. 32.2 Pursuant According to the terms of this contract hereof, and subject to the norms to be established thereofestablished, the Operator shall have autonomy in appointing be free to appoint the personnel required needed for the operations thereunderhereunder, and shall be able to determine their remunerationmay fix salary, duties, rank, number categories and conditionsconditions thereof. The Operator shall adequately and diligently train said be diligent in training Colombian personnel as may be required needed to replace the foreign personnel, as Operator deems personnel that it considers necessary to perform the for operations hereunder. NeverthelessIn any case, the Operator shall comply with all regulations of law governing legal provisions on the proportion of national local and foreign employees and laborerspersonnel.