SALE CONTRACT FOR PETROLEUM PRODUCTS PAID BY NIS FUEL DEBIT CARDS Concluded in _____________ on ___________ 20___ by and between: 1. "NIS" j.s.c. Novi Sad, NarodnogFronta 12, Novi Sad, the SALES AND DISTRIBUTION, MilentijaPopovicA 1, Belgrade, phone: 011/311-33-11, registration number: 20084693, registered in the Business Register in Belgrade, registration number: BD 93824/2005, activity code number: 0610, current account number: 160-211974-86 with the bank – Banca Intesa, VAT: 104052135, which is represented through the Power of Attorney No_____________ as of _____________ by ________________________ (hereinafter referred to as the Seller) 2. _____________________ , address: ___________________, phone: ______________, registration number : _____________, activity code number: ____________, VAT: __________, represented by __________________________ (hereinafter to as the Buyer) I SUBJECT MATTER OF THE CONTRACT AND CONDITIONS OF SALE Article 1 Subject of the Agreement is the purchase or sale of petroleum products and other goods and services using NIS Fuel Debit card for the payment of Seller’s fuel (hereinafter the Card). The Seller shall deliver to the Buyer petroleum products at Seller’s petrol stations. List of Seller's public filling stations is published on the Seller’s website: http://www.nispetrol.rs. Article 2 Having signed this Agreement, the Buyer shall accept all the rights and obligations under the General Rules, which are an integral part of this Agreement and are uploaded on Seller’s website: http://www.nispetrol.rs. II PRICE AND DISCOUNTS Article 3 Prices of petroleum products, other goods and services shall be determined by Seller’s decisions in accordance with the movement of market prices for petroleum products in the Republic of Serbia. Supplied petroleum products, other goods and services the Seller will invoice against the Buyer for the price applicable on the date of delivery, which shall include the date of petroleum products takeover by the Buyer as well as other goods and services at Seller's gas stations. Article 4 Discount on the price of petroleum products is granted to the Buyer based on the received quantity of petroleum products on a monthly basis for a calendar month, according to the applicable Discount Scales for the received quantities of Seller's petroleum products (Annex No 4), which is an integral part of the Contract. The corresponding discount shall be granted to the Buyer by delivering a note of approval by the end of the month for the previous one. In case of any changes in quantity discounts during the term of this Agreement, as defined in Annex No 4, the Seller shall be obliged to provide the resulting change in writing to the Buyer, also delivering a new Annex No 4 to the Buyer. The Seller shall reserve the right not to calculate the discount where the Buyer is not fulfilling their obligations. III TERMS AND PAYMENT Article 5 SA-08.06.29-038, Version 03 Page 1 оf 3 The Buyer shall determine the amount and payment schedule on the Card-use account. The Buyer shall pay RSD funds on the Seller's current account No 160-211974-86 with the bank Banca Intesa. The Buyer shall make payments according to the Seller's instructions. On the basis of the payments made, the Buyer shall be given an advance account at the end of the month. The Buyer may take over petroleum products, other goods and services via credit card, up to the amount of the funds paid. At the end of the month the Seller shall deliver to the Buyer a final invoice for delivered petroleum products, other goods and services, by type of the vehicle, along with the specifications of transactions made through the card. IV DURATION OF CONTRACT Article 6 The contract shall be concluded for a definite period of time, that is one year from the date of its conclusion, in accordance with Article 9. Unless within thirty (30 ) calendar days prior to the expiry of the Agreement one of the Parties notifies in writing the other Party of the fact that it wishes not to extend this Contract, its validity period shall be extended for each subsequent year, under the same conditions. In the event that any of the provisions, or any of the attachments to this Agreement ceases to be in compliance with applicable laws and regulations, or the rules and decisions of the Seller, the activities under this Agreement shall be governed by the Seller’s valid regulations or rules and decisions. The Seller shall be obliged to inform the Buyer about the changes under the previous paragraph of this Article by a written notice within five (5) working days from the date when they became valid. V FINAL PROVISIONS Article 7 In case of a possible dispute the Contracting Parties shall agree the jurisdiction of the Commercial Court in Novi Sad. Article 8 For all not provided under this Agreement, the provisions of the Contractual Relations Act and other legislation pertaining to the subject of the Contract shall apply. Article 9 This Contract shall be deemed concluded on the date when the signatures of authorized representatives of both parties are put, and if authorized representatives do not sign it on the same day, the contract shall be considered concluded on the date when the second signature was put, in chronological order. Article 10 The Seller shall reserve the right not to deliver petroleum products in situations arising from technological or manufacturing, or business and operational problems. The Seller shall reserve the right to withhold delivery of the goods where the Buyer is not fulfilling their obligations. The Seller shall not be liable for any damages possibly suffered on this basis by the Buyer. Article 11 The following documents are an integral part of this Agreement: - General Rules (http://www.nispetrol.rs) - Appendix 1: Specification of Vehicles for the Issuance of NIS Fuel Debit Cards - Annex 2 : Request for the Issuance of NIS Fuel Debit Cards - Annex 3: Protocol of the Delivery of NIS Fuel Debit Cards - Appendix 4: Discount scale for amounts of received petroleum products - Appendix 5: Statement of Ownership Structure SA-08.06.29-038, Version 03 Page 2 оf 3 Article 12 This Agreement is executed in two (2) original copies, one (1) for each party. SELLER BUYER ________________ [name and function] ________________ [name and function] SA-08.06.29-038, Version 03 Page 3 оf 3