PRICE AND PAYMENT 3. 1. The price of the Goods being delivered hereunder shall be fixed in US dollars per net US barrel and be determined in conformity with Appendix 2 to the current Contract which form is integral part of this Contract. The final price for crude oil shall be rounded off to three decimal places. For purposes of conversion of metric tons into US barrels, both Parties would apply to ASTM conversion tables (D1250-80 53A, 51, 56 & 58, utilized by Nafta Moscow) taking into account the actual density of crude oil at. t 200C as per certificate of quality issued for the cargo by terminal the quantity in net US barrels shall be rounded off to three decimal places. Should the actual density of goods be above or below the basic limits of density (32.00-32.09 degrees API), the price to be increased by US Dollars 0.003 per barrel for each full tenth part of a degree API above 32.00 degrees API or to be decreased by US Dollars 0.003 per barrel for each full tenth part of a degree API below 32.09. Quantity of Crude Oil is net (water, sediments are excluded from the gross weight). Quantity and quality of Crude Oil is as per Bill of Lading and Certificate of Quality issued at the port of loading. B/L date shall be considered as the delivery date. The right of property to the Goods and all risks including the risk of accidental losses or damages shall pass from the Sellers to the Buyers at the time when Goods pass the inlet flange of the hose connection of the lifting vessel's intake pipe at the loading facility in the Loading Terminal. For each parcel of Goods, the Buyer shall open in the Seller’s favor an irrevocable documentary letter of credit (hereinafter “LOC”) for an amount in US Dollars acceptable to the Seller: which in no event shall be less than one hundred and ten percent (110%) of the payment due in the format acceptable for the Seller with a first class European bank in accordance with the Appendix 3. A fully operative documentary LOC shall be issued by the Buyer to the Seller not later thanе ten (10) Days before the estimated Date of Delivery. The Buyer shall inform the Seller about the LOC issue the day LOC is opened. The LOC shall be effective for sixty (60) days. The LOC shall be in accordance with the Uniform Customs and Practice for Documentary Credit (2007 Revision), International Chamber of Commerce Publication No. 600 (“UCP”). The funds shall be drawn from the LOC upon the Seller’s presentation of the following required documents: Seller’s Commercial Invo...

PRICE AND PAYMENT 3. 1. The price of the Goods being delivered hereunder shall be fixed in US dollars per net US barrel and be determined in conformity with Appendix 2 to the current Contract which form is integral part of this Contract. The final price for crude oil shall be rounded off to three decimal places. For purposes of conversion of metric tons into US barrels, both Parties would apply to ASTM conversion tables (D1250-80 53A, 51, 56 & 58, utilized by Nafta Moscow). Measurements (t 200C) while conversion weight shall be rounded off to three decimal places. Should the actual density of goods be above or below the basic limits of density (32.00-32.09 degrees API), the price to be increased by US Dollars 0.003 (zero point three US cents) per barrel for each full tenth part of a degree API above 32.00 degrees API or to be decreased by US Dollars 0.003(zero point three US cents) per barrel for each full tenth part of a degree API below 32.09. Quantity of Crude Oil is net (water, sediments are excluded from the gross weight). Quantity and quality of Crude Oil is as per Bill of Lading and Certificate of Quality issued at the port of loading. B/L date shall be considered as the delivery date. The right of property to the Goods and all risks including the risk of accidental losses or damages shall pass from the Sellers to the Buyers at the time when Goods pass the inlet flange of the hose connection of the lifting vessel's intake pipe at the loading facility in the Loading Terminal. For each parcel of Goods, the Buyer shall open in the Seller’s favor an irrevocable documentary letter of credit (hereinafter “LOC”) for an amount in US Dollars acceptable to the Seller:which in no event shall be less than one hundred and ten percent (110%) of the payment due in the format acceptable for the Seller with a first class European bank in accordance with the Appendix 3. A fully operative documentary l/c shall be issued by the Buyer not later than five (5) Days before the estimated Date of Delivery. The Buyer shall inform the Seller about the LOC issue the day LOC is opened. The LOC shall be effective for sixty (60) days. The LOC shall be in accordance with the Uniform Customs and Practice for Documentary Credit (2007 Revision), International Chamber of Commerce Publication No. 600 (“UCP”). The funds shall be drawn from the LOC upon the Seller’s presentation of the following required documents: Seller’s Commercial Invoice showing B/L date, the full price calculation, B/L quantity in gross...

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PRICE AND PAYMENT 3. 1. The price of the Goods being delivered hereunder shall be fixed in US dollars per net US barrel and be determined in conformity with Appendix 2 to the this Contract, which makes an integral part thereof. The final price for the Goods shall be rounded off to three decimal places. 3.2. Payment for each lot of the Goods shall be effected pursuant to Appendix 3 hereto. 3.3. Commercial invoices of Seller shall be based on net quantities specified in the Bill of Lading or determined pursuant to Clause 2 of this Contract and the price of the Goods as determined in accordance with clause 3.1 of this Contract. The Buyers shall provide Seller with the documents related to the charges at the port of loading included into the price of Goods and/or reimbursable by the Seller within 5 business days after each Delivery Date. These documents shall contain detailed calculation. 3.4. At the end of Delivery, once all relevant quotations are obtained, the Parties shall make necessary adjustments, by issuing additional invoices and/or credit notes as applicable, covering a corresponding amount, including LIBOR interest rates for three (3) months, plus 0.75 percentage points of the annual interest rate. The applicable LIBOR interest rates shall be as administered by the ICE Benchmark Administration (IBA) (or any official successor thereto) and displayed on Page «LIBOR01» by Xxxxxxxx Reuters (or any official successor thereto) at 11.00 am London time on the expected payment due date as per the Contract. The payment against credit note or payment against supplementary invoice, as the case may be, shall take place fifteen (15) days after the establishment of the final price, through direct bank transfer to the account of Buyers or that of Seller. All bank commissions shall be charged to the account of the remitter. The period, for which interest under this clause will be charged, shall be calculated from the date of the corresponding payment for the lot of the Goods to the date, on which the adjusting payment is made. 3.5. For any delay in payment for Goods or settlement under clause 3.4 of this Contract the interest for the retention of funds may be charged at the rate LIBOR interest rates for three (3) months+ 3% of the debt amount. However, compound interest is not computed. 3.6. A draw down date from payer's account will be considered as the value date for any payment under this Contract. If a due date of any payment hereunder falls on a Saturday or а New York banking holid...

PRICE AND PAYMENT 3. 1 For performance of this Contract, including the delivery of 10,000 production units, Buyer shall pay Seller the firm, fixed price of US $28,000,000 Dollars (the "Contract Price") and take delivery of all production units within 60 months of the date this Contract becomes fully effective. 3.2 Buyer shall make an initial payment of US $250,000 to Seller within fifteen (15) days after the execution of this Agreement by both Buyer and Seller, which shall be applied to and liquidated on the production order of 10,000 units at the rate of $25 dollars per unit purchased from Seller. 3.3 After the $250,000 initial payment, Buyer shall pay Seller US $2,775.00 Dollars for 3

PRICE AND PAYMENT 3. 1.1.The Client is to ensure that they advise Switch Electrical of the maximum work order limit and are responsible for advising if any changes are made to this as soon as possible. Switch Electrical cannot be held responsible for Goods invoiced beyond an undisclosed maximum work order limit and is aware that Goods up to a disclosed amount are deemed to be accepted unconditionally but anything beyond this amount requires approval from the landlord. 3.1.2.The Client is to ensure that they advise Switch Electrical of their standard payment terms and are responsible for advising if any changes are made to this as soon as possible. 3.1.3.Switch Electrical agrees to provide all invoices in the property owners name care of the property management agency. 3.1.4.Where request for services is made directly by a property managing agency, this agency is responsible for the payment of the invoice which is to be paid by this agency according to the terms specified within their account application and agrees that it is not the responsibility of Switch Electrical to recover payment from the property owner. 3.2. Access The Client shall ensure they give notice of the current tenant and occupancy status of a property at time of work requested. 3.3. Approval of Works 3.3.1.The Client will provide a work order for works to be carried out including a unique work order number. 3.3.2.When a call out is requested by a tenant, and deemed as necessary by a qualified technician, Switch Electrical will mark the task as “Worker Order Pending” and advise the Client of the works carried out. The Client will then provide a work order on the next business day to Switch Electrical for application to the invoice.

PRICE AND PAYMENT 3. 1 The price for the supply of goods and services are as set out in the Contract. The Company shall invoice the Client unless otherwise stated in the Contract. 3.2 Invoiced amounts shall be due and payable 30 days from date of invoice or as detailed in the contract. The company reserves the right to request payment prior to the service being provided and therefore where stated, payment must be received by the company before activity commences. 3.3 Failure to pay invoices as per our terms will result in distribution ceasing until the account is paid up to date. 3.4 The Company shall be entitled to charge interest and collection fee on overdue invoices in line with the Late Payment of Commercial debt Legislation 2018 from the date when payment becomes due from day to day until the date of payment at a rate of 8% per annum plus the base rate of the Bank of England. 3.5 In the event that the Client’s procedures require that an invoice be submitted against a purchase order number, the Client shall be responsible for issuing such purchase order number before the goods and services are supplied. 3.6 The Client agrees to reimburse the company all legal costs incurred by the company in connection with any legal proceedings taken by the company against the client to recover sums outstanding under this agreement. 3.7 All invoices submitted by the company shall be treated as agreed unless the client notifies the company of any discrepancies within 5 days of the date of the invoice. 3.8 All charges under this agreement shall be subjected to VAT at the prevailing rate. 3.9 The company will, at its discretion, assign each client a credit limit. In the event the aggregate value outstanding from the client exceeds this limit, the company reserve the right to request payment on account to bring the value outstanding under the assigned credit limit or terminate the service forthwith. 4 SPECIFICATION OF THE GOODS AND SERVICES All goods and services shall be required only to conform to the specification in the Contract. For the avoidance of doubt no description, specification or illustration contained in any product pamphlet or other sales or marketing literature of the Company and no representation written or oral, correspondence or statement shall form part of the contract. 5 DELIVERY 5.1 The date of delivery specified by the Company is an estimate only. Time for delivery shall not be of the essence of the contract and the Company shall not be liable for any loss, costs, dama...

PRICE AND PAYMENT 3. 1 In full consideration for the complete and satisfactory performance of the Services under this Contract, UNDP shall pay the Contractor a price not to exceed __________ [INSERT CURRENCY & AMOUNT IN FIGURES AND WORDS]. 3.2 The amount contained in 3.1 above is the maximum total amount of reimbursable costs under this Contract. The Breakdown of Costs in ANNEX _______ [INSERT ANNEX NUMBER] contains the maximum amounts per cost category that are reimbursable under this Contract. The Contractor shall reflect in his invoices the amount of the actual reimbursable costs incurred in the performance of the Services. 3.3 The Contractor shall not do any work, provide any equipment, materials and supplies, or perform any other services which may result in any costs in excess of the amount under 3.1 or of any of the amounts specified in the Breakdown of Costs for each cost category without the prior written agreement of _________________ [NAME and TITLE], UNDP. 3.4 Payments effected by UNDP to the Contractor shall be deemed neither to relieve the Contractor of its obligations under this Contract nor as acceptance by UNDP of the Contractor's performance of the Services. 3.5 The Contractor shall submit invoices for the work done every ___________ [INSERT PERIOD OF TIME OR MILESTONES]. 3.6 Progress and final payments shall be effected by UNDP to the Contractor after acceptance of the invoices submitted by the Contractor to the address specified in 9.1 below, together with whatever supporting documentation of the actual costs incurred is required in the Breakdown of Costs or may be required by UNDP. Such payments shall be subject to any specific conditions for reimbursement contained in the Breakdown of Costs. 4.

PRICE AND PAYMENT 3. 1. Unless otherwise stated by the Company, the prices specified are Company’s ex-works prices and do not include any transportation costs incurred in the delivery of the Goods from the Company’s manufacturing location to the delivery address. The Company may vary the price expressed in the Contract to reflect any increase (for whatever reason) between the date of the Contract and the date of the Company’s invoice. 3.2. Unless otherwise agreed, the purchase price shall be paid within seven (7) days of the date of invoice or prior to delivery of the Goods, whichever comes earlier. If the Customer fails to pay by the due date, the Company shall be entitled to interest from the day on which the payment was due. The rate of interest shall be six months’ EURIBOR + seven (7) per cent per annum. If the rate of interest exceeds the maximum rate permitted by the law in the jurisdiction where a claim therefore is being asserted, the interest shall be reduced to such maximum legal rate. If the Customer fails to pay, the Company is also

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