PREAMBLE In connection with the modernization of the existing ammonia synthesis converter … of its ammonia plant at Opole, Poland by the installation of new converter internals in the existing ammonia converter pressure vessel, SELLER by this Contract shall sell and make delivery of and BUYER shall buy and take delivery of the equipment and services as specified herein for the modification of the ammonia synthesis converter of BUYER’s ammonia plant within the scope and in accordance with the terms and condition hereof. SECTION 1 SUBJECT MATTER OF THE CONTRACT 1. The BUYER orders and the SELLER undertakes to supply regarding the revamping of the BUYER’s CONVERTER one (1) new BASKET with the scope of to replace the existing one that is at the end of life. 2. The detailed description of the subject matter hereof has been included in the Appendix A hereto. The performance hereof shall result in the BASKET and TECHNICAL DOCUMENTATION which shall be delivered to the BUYER DAP Opole, Poland. The TECHNICAL DOCUMENTATION shall be prepared in English language version. The SELLER represents that it has the appropriate knowledge and skills necessary for the performance of the subject matter hereof, and assumes the obligation to perform the subject matter hereof with due diligence and care and in compliance with the provisions of law in force and the principles of technical knowledge. The SELLER shall provide well-qualified personnel, properly educated and experienced in performing actions constituting the subject matter hereof. 3. 4. 5. 6. 7. The Parties hereby agree that the following specific phrases used in the contents hereof shall have meaning as determined below: 1) BUYER’s CONVERTER shall mean the ammonia synthesis converter D-601 of BUYER’s ammonia plant in Opole, Poland before or after installation of the SELLER’s BASKET under this Contract, as the case may be; 2) BASKET shall mean complete revamping of converter internals with two beds with axialradial flow design and new top exchanger developed by SELLER for installation in BUYER’s CONVERTER; 3) TECHNICAL DOCUMENTATION shall mean SELLER’s data, specifications, drawings, flow sheets, instructions and all the information regarding to the engineering design package of this Contract; 4) SITE SERVICES shall means technical assistance at SITE during BASKET installation, catalyst loading, catalyst reduction, start up and final Test-Run; 5) GOODS shall mean the BASKET, the TECHNICAL DOCUMENTATION and SITE SERVICES supplied by SELLER; 6) EFFECTIVE DATE of CONTRACT [EDC] shall mean the date of when this Contract will enter in force through signature of both Parties. SECTION 2 OBLIGATIONS OF THE PARTIES 1. The SELLER shall: 1) while visiting the area of BUYER – comply with the internal regulations binding in BUYER, in particular those concerning occupational health and safety, fire safety, gaseous ammonia hazard and the pass system – according to the instructions given by the BUYER; 2) complete the subject matter hereof with due diligence and in compliance with the provisions of law in force; 3) 4) 2. cooperate with the BUYER on an ongoing basis; hand over the BASKET and TECHNICAL INFORMATION referred to in Section 1 Paragraph 3 hereof to the BUYER, within the time limits as agreed hereinafter; 5) comply with the rights resulting from licenses, patents and other third-party intellectual property rights. The BUYER shall: 1) provide the SELLER with any and all accurate and up-to-date information necessary for the correct performance of the subject matter hereof – without delay after the appropriate request is made by the SELLER; 2) cooperate with the SELLER on an ongoing basis; 3) perform any and all actions in the scope of the acceptance of the subject matter hereof, as stipulated in the appropriate regulations and this Contract; 4) pay the agreed remuneration. 3. If the BUYER – due to its own sole fault does not provide to the SELLER - or provides with a delay the information referred to in Paragraph 2 item 1, the SELLER shall be entitled to suspend the works performed hereunder until the information referred to in Paragraph 2 item 1 is provided. In such event the time limit for the contract performance shall be extended with the time of the delay. 4. UMOWA Nr / CONTRACT No. XXXXXXXXXXXXXXXX If the BUYER - due to its own sole fault is in a delay with payment of amount due to the SELLER, the SELLER shall be entitled to claim the interest for the default amounting to 10% per annum. Strona / Page 2 z / of 2