Common use of Performance Incentive Clause in Contracts

Performance Incentive. 3.12.1 If the Seller delivers Coal to the Purchaser in excess of ninety (90%) of the ACQ in a particular Year, The Purchaser shall pay the Seller an incentive (“Performance Incentive”) for the excess coal supplied : Percentage of Actual deliveries Percentage of Incentive at the rate of weighted average Base Price of grades of coal supplied 2012-13, 2013-14 & 0000-00 00 00 - 16 2016-17 onwards Above 100% of ACQ 40 (Fixed) 40 (Fixed) Actual Deliveries = Actual Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year.

Performance Incentive. 3.12.1 If the Seller delivers Coal to the Purchaser in excess of ninety (90%) of the ACQ in a particular Year, The Purchaser shall pay the Seller an incentive (“Performance Incentive”) for the excess coal supplied supplied: Percentage of Actual deliveries Percentage of Incentive at the rate of weighted average Base Price of grades of coal supplied 2012-13, 2013-14 & 00002014-00 00 00 - 15 2015-16 2016-17 onwards Above 100% of ACQ 40 (Fixed) 40 (Fixed) 40 (Fixed) Actual Deliveries = Actual Quantity [in tonnes] of Coal delivered by the Seller in the relevant YearYear1.

Performance Incentive. 3.12.1 If the Seller delivers Coal to the Purchaser in excess of ninety (90%) of the ACQ in a particular Year, The Purchaser shall pay the Seller an incentive (“Performance Incentive”) ), for the excess coal supplied : Percentage of Actual deliveries Percentage of Incentive at the rate of weighted average Base Price of grades of coal supplied 2012-13, 2013-14 & 00002014-00 00 00 - 15 2015-16 2016-17 onwards Above 100% of ACQ 40 (Fixed) 40 (Fixed) 40 (Fixed) Actual Deliveries = Actual Quantity [in tonnes] of Coal delivered by the Seller in the relevant YearYear including coal offered from imported coal but not accepted by the Purchaser.

Performance Incentive. 3.12.1 4.12.1 If the Seller delivers Coal to the Purchaser in excess of ninety (90%) of the ACQ in a particular Year, The Purchaser shall pay the Seller an incentive (“Performance Incentive”) for the excess coal supplied : Percentage of Actual deliveries Percentage of Incentive at the rate of weighted average Base Price of grades of coal supplied supplied. 2012-13, 2013-14 & 0000-0000- 00 00 00 - 16 2016-17 onwards Above 100% of ACQ 40 (Fixed) 40 (Fixed) Actual Deliveries = Actual Quantity [in tonnes] of Coal delivered by the Seller in the relevant YearYear including coal offered from imported coal but not accepted by the Purchaser.

Performance Incentive. 3.12.1 4.12.1 If the Seller delivers Coal to the Purchaser in excess of ninety (90%) of the ACQ in a particular Year, The Purchaser shall pay the Seller an incentive (“Performance Incentive”) ), for the excess coal supplied supplied: Percentage of Actual deliveries Percentage of Incentive at the rate of weighted average Base Price of grades of coal supplied supplied. 2012-13, 2013-14 & 00002014-00 00 00 - 15 2015-16 2016-17 onwards Above 100% of ACQ 40 (Fixed) 40 (Fixed) 40 (Fixed) Actual Deliveries = Actual Quantity [in tonnes] of Coal delivered by the Seller in the relevant YearYear including coal offered from imported coal but not accepted by the Purchaser.