TRANSPORTATION CONTRACT Concluded in San Donato Milanese on __________ between SNAM RETE GAS S.p.A. Company subject to the direction and coordination of Snam S.p.A. Single member company with registered office at Piazza S. Barbara, 7 20097 – San Donato Milanese (MI) Share capital EUR 1,200,000,000.00 fully paid-in Tax Code and enrolment number in the Milan Companies Register 10238291008 Milan REA (Economic and Administrative Index) no. 1964271 VAT number 10238291008 in the person of its legal representative (or, in the person of the authorised attorney) …………. (hereinafter referred to as “Snam Rete Gas”) and [SHIPPER] with registered office at ............................................ .............................................. Share capital ............... EUR Tax Code and enrolment number in the ............ Companies Register ............. .......... REA (Economic and Administrative Index) no. ........... VAT number .................... Excise-Duty Code ........................... in the person of its legal representative (or, in the person of the authorised attorney) …………. (hereinafter referred to as “Shipper”) hereinafter individually “Party” and jointly “Parties” Whereas a) Snam Rete Gas engages in the transportation and dispatching of natural gas on its own gas pipeline network in accordance with the rules set forth in the Snam Rete Gas Network Code (hereinafter: “Network Code”), approved by the Italian Authority for Electricity and Gas with Resolution no. 75/03, and its subsequent updates, and published on the Snam Rete Gas - TY 2015/2016 - website. b) The Shipper is an entity that uses the gas system and is interested in purchasing transportation capacity from Snam Rete Gas for its own use or for supply to others. c) With this Transportation Contract (hereinafter the “Contract”) the Parties intend to agree on the terms and conditions which, subject to satisfaction of the conditions precedent set forth in Article 4 of the Contract, shall govern the transportation service that shall be provided by Snam Rete Gas to the Shipper. Now therefore, the above-named Parties - hereby agree as follows - Article 1 RECITALS AND ATTACHMENTS The recitals and attachments form an integral and substantive part of this Contract. Article 2 DEFINITIONS 2.1 The terms beginning with a capital letter used in this Contract, if not otherwise defined, shall have the meaning assigned to them in the Network Code glossary. Article 3 SUBJECT OF THE CONTRACT 3.1 The subject of this Contract is: the provision of transportation capacity by Snam Rete Gas to the Shipper with consequent purchase of said capacity by the Shipper; as well as any additional services associated with the transportation of the natural gas delivered by the Shipper to Snam Rete Gas and redelivered by Snam Rete Gas to the Shipper in accordance with the procedures established in the Network Code. 3.2 The transportation obligation does not require redelivery of the same gas delivered, but requires redelivery of the equivalent quantities of gas in energy terms, after the own consumption requirements, network losses and non-accounted gas have been deducted. Article 4 CONDITIONS PRECEDENT. ENTRY INTO FORCE AND DURATION OF THE CONTRACT 4.1 The effectiveness of this Contract is subject to the satisfaction of both the conditions - TY 2015/2016 - precedent set forth below: a) definition of the transportation capacity commitments (quantity and duration) through the completion of one or more capacity booking or trading and transfer processes set forth in Chapters 5 and 7 of the Network Code; b) Shipper’s submission of the financial guarantees referred to in the aforesaid Chapters 5 and 7 of the Network Code and in compliance with the terms established therein. 4.2 The conditions precedent stated in paragraph 4.1 must be satisfied by and no later than the time limits established in the Network Code for completion of the aforesaid capacity booking or trading and transfer processes. The Parties mutually acknowledge that failure to satisfy even just one of the conditions precedent set forth in points a) and b) of paragraph 4.1. within the aforesaid time limits shall result in the permanent ineffectiveness of this Contract. 4.3 This Contract shall have the same duration as the capacity commitments that shall been defined as a result of and following completion of one or more capacity booking or trading and transfer processes set forth in Chapters 5 and 7 of the Network Code, excluding any tacit renewal, without prejudice to the rights and obligations accrued at said date. Article 5 PROCEDURES FOR MANAGING THE PROCESSES AND TRANSACTIONS 5.1 The Parties agree that all the processes and transactions for the booking, trading and/or transfer of natural gas transportation capacity forming the subject of this Contract, with the exception of those stated in paragraph 5.2 below, shall be exclusively implemented through the electronic management service provided by Snam Rete Gas (hereinafter: “Capacity Portal Service”), in accordance with the terms and conditions established in the document drawn up by Snam Rete Gas and entitled “Rules for Using the Service”, which have already been signed by the Shipper by way of acceptance and are attached hereto under letter A. 5.2 With specific regard to the Entry Points interconnected with the foreign import pipelines and the Exit Points interconnected with the foreign export pipelines (excepting the Bizzarone and San Marino Export Points) the Parties agree that the processes and transactions for the booking and trading of natural gas transportation capacity forming the subject of this Contract shall be exclusively implemented through the PRISMA Platform. Article 6 COMMITMENTS 6.1 The maximum daily capacities undertaken by the Shipper with regard to each of the Entry Points to the National Network, Exit Points from the National Network and Redelivery Points from the Regional Transportation Network, and more in general the transportation capacity commitments (quantity and duration) forming the subject of the Contract are those that shall be defined as a result of and following completion of one or more capacity booking or trading and transfer processes set forth in Chapters 5 and 7 of the Network Code, the results of which shall form an integral part of this Contract. 6.2 With regard to the Redelivery Points of which the available capacity is equal to the - TY 2015/2016 - transportation capacity at the reference conditions, as resulting from the most recent monthly publication on the Snam Rete Gas website, the Shipper acknowledges Snam Rete Gas’s right to amend the aggregation of the physical redelivery points interconnected downstream. 6.3 The Shipper undertakes to implement – also in relations with its End Customers – all the activities and initiatives that are necessary and/or required to ensure complete usability of the transportation service offered by Snam Rete Gas on its own gas pipeline, hereby specifically recognising the exclusion of any liability whatsoever on the part of Snam Rete Gas for any nonperformance of the transportation service referred to in this Contract within the limits established by the Network Code. 6.4 Only in the event of definition of transportation capacity commitments in accordance with paragraph 6.1 above at one or more of the following points: Edison Stoccaggio Entry Point, Edison Stoccaggio Exit Point and Entry Points from national production Capparuccia, Carassai, Cellino, Collalto, Comiso, Grottammare, Larino, Pineto, Reggente and S. Giorgio M., and without prejudice to the commitment referred to in paragraph 8.1 below, the Shipper undertakes to also observe and apply the Network Code of Società Gasdotti Italia S.p.A., approved by the Italian Authority for Electricity and Gas with Resolution no. 144/03, and its subsequent updates, which forms an integral part of this Contract. 6.5 Only in the event of definition of transportation capacity commitments in accordance with paragraph 6.1 above at the Cavarzere Entry Point, and without prejudice to the compliance commitment referred to in paragraph 8.1 below, the Shipper undertakes to also observe and apply the Network Code of Infrastrutture Trasporto Gas S.p.A approved by the Italian Authority for Electricity and Gas with Resolution no. 64/08, and its subsequent updates, which forms an integral part of this Contract. Article 7 CONSIDERATION 7.1 The consideration for the service forming the subject of this Contract shall be determined by applying, for each Thermal Year of its validity, the rates for the transportation and dispatching of natural gas approved by resolution of the Italian Authority for Electricity and Gas. Article 8 NETWORK CODE 8.1 The services referred to in Article 3 above are governed by this Contract and by the Network Code. Snam Rete Gas and the Shipper declare that they are fully aware of the contents of the Network Code and undertake to apply and observe it. 8.2 If transportation capacity commitments were to be defined in accordance with paragraph 6.1 above, with reference to (outbound or inbound) interconnections with the Snam Rete Gas network, without prejudice to the provisions of paragraph 8.1 above, the Shipper undertakes to disclose the timeframes of the purchase contract and/or of the storage service contract. Article 9 ADMINISTRATIVE LIABILITY - TY 2015/2016 - The Shipper declares that it is aware of applicable regulations on the matter of administrative liability of legal entities and in particular of Italian Legislative Decree 231 of 8th June 2001 and that it has examined the “231 Model” document, which also includes the Code of Ethics, drawn up by Snam Rete Gas in reference to applicable regulations on administrative liability of the legal entity arising from an offence committed by directors, employees and/or collaborators. The 231 Model can be found on the Snam Rete Gas website. The Shipper is entitled to ask Snam Rete Gas to provide it with a paper copy at any time. Article 10 ANTI-MONEY LAUNDERING Snam Rete Gas declares that it complies with the principles set forth in Italian Legislative Decree 231 of 21st November 2007 and observes its general obligation of “active collaboration” (by reporting suspicious transactions, retaining documents, ensuring internal controls), to prevent and deter the implementation of money-laundering transactions and terrorist financing. In accordance with the provisions of Article 648 bis of the Italian Criminal Code, and with the content of the provisions of Article 2 of Italian Legislative Decree 231 of 2007, it is specified that money-laundering is considered to mean: the conversion, transfer, concealment or disguise, or the purchase, holding or use of assets, carried out in the knowledge that they originate from a criminal activity or from participation in such an activity. For terrorist financing, the definition set forth in Italian Legislative Decree 109 of 22nd June 2007 applies. The Shipper declares that it is aware of applicable regulations on the matter of preventing the phenomenon of money-laundering and terrorist financing referred to in Italian Legislative Decree 231 of 21st November 2007. The Shipper declares under its own exclusive responsibility that it is not aware of any unlawful origin of the money, goods or other benefits transferred for the purposes for which this contract has been concluded. The Parties agree that failure to comply with the provisions of this contractual clause or failure to disclose any factual circumstances which entail a change in the declarations issued by the Shipper shall constitute a default of this contract. Accordingly, Snam Rete Gas is reserved the right to exercise early termination of this Contract in the event of: conviction ruling, even of the first instance or issued following application of the penalty on request pursuant to Article 444 of the Italian Code of Criminal Procedure against the Shipper in relation to one of the money-laundering or terrorist financing offences referred to in Italian Legislative Decree 231 of 21st November 2007. Exercise of the aforesaid rights shall mean that Snam Rete Gas is entitled to charge the Shipper for all the higher costs and expenses arising out of or resulting from the early termination of this Contract. Article 11 - TY 2015/2016 - FINAL PROVISIONS 11.1 It is understood that for any matters that are not specifically governed by this Contract, reference shall be made to the provisions of the Network Code and to the resolutions of the Italian Authority for Electricity and Gas, insofar as applicable. 11.2 The Shipper undertakes to provide Snam Rete Gas with all the information required for execution of this Contract. In this regard the Shipper acknowledges that it has examined the privacy policy on personal data processing published by Snam Rete Gas on its website pursuant to Article 13 of Italian Legislative Decree 196 of 30th June 2003, with regard to disclosure of its personal data to Snam Rete Gas and processing of said data by Snam Rete Gas for the purposes of providing the Services offered. 11.3 This Contract has been drawn up in two original copies, one for each Party. 11.3 Any notice, notification or other communication relating to this Contract other than those for which the Parties have agreed to use, as exclusive conventional form, the Capacity Portal Service, shall be sent to the following addresses: for Snam Rete Gas: for Shipper: Piazza S. Barbara, 7 20097 San Donato Milanese (MI) Fax no. +39 02 – 370 30396 Certified e-mail address: snamretegas.contratti@pec.snamretegas.it Kind attn. Head of Transportation Contracts and Invoicing or Piazza S. Barbara, 7 20097 San Donato Milanese (MI) Certified e-mail address: snamretegas.gestionecontratti@pec.snamretegas.it Fax no. +39 02 – 370 30397 Kind attn. Head of Contracts and Balancing Management [SHIPPER] [Address]................., .... .... [Post Code]...., .......... [City] ........... (...) Tel .............................. Fax .............................. Certified e-mail address: .............................. or to the different address and/or fax number that either Party may communicate to the other in writing in compliance with the provisions of this paragraph. 11.4 The initial credentials for access to the Service shall be delivered to the Shipper by Snam Rete Gas by dispatch to the following e-mail address (e-mail address of the non-certified kind): ……………. to the following person [name] ..............., [surname] ..............., [tax code] ............... [date of birth] ……/……/………. 11.5 The Parties also provide their address for service at the addresses stated in paragraph 11.4 above, for any purpose relating to this Contract, including that of judicial service. - TY 2015/2016 - San Donato Milanese, … SNAM RETE GAS [SHIPPER] Stamp and signature Pursuant to and for the purposes of Articles 1341 and 1342 of the Italian Civil Code, the Shipper declares its specific approval of the clauses of the Contract mentioned below: Article 5) Procedures for managing processes and transactions Article 6) Commitments San Donato Milanese, … [SHIPPER] Stamp and signature Stamp duty paid using the virtual system – Authorisation no. 402937/2011 of 15th December 2011 The following are attached: A. Rules for use of the Capacity Portal Service and related attachment A1 B. Attachment B – Form for authorisation to use the SRG portals C. Attachment C – Declaration in lieu of certification stating ownership of powers of representation D. Declaration of ownership of importation contracts pursuant to the provisions of paragraph 1.1.1 of Chapter 5 of the Snam Rete Gas Network Code. - TY 2015/2016 -