FO RM O F AG REEMENT

TENDER NAME: Engineering, Procurement and Construction of 33KV Sub-Station at Al Marjan Island, Ras Al Khaimah.

TENDER No.: 5108879/14.01/2001

THIS AGREEMENT MADE IS ENTERED TO AND MADE IN RAS AL KHAIMAH, U.A.E. THIS ..twenty eighth............

DAY OF...........October................ YEAR TWO THOUSAND AND …thirteen…………. BUT EFFECTIVE FROM

THE...…first ……... DAY OF …November………., YEAR TWO THOUSAND AND …thirteen.

BY AND BETWEEN

Al Ghail Power LLC duly organized under the laws of Ras Al Khaimah, having its postal address as P.O. Box

34251, Ras Al Khaimah, U.A.E. (hereinafter referred to as "AGPL", which expression shall, where the context

so permits, include its successors in- interests and assignees) of the one part;

AND

Electro RAK LLC duly organized under the laws of Ras Al Khaimah, having its postal address as P.O. Box. 14521,

Ras Al Khaimah, U.A.E. (hereinafter referred to as "CONTRACTOR" which expression shall, where the context

so permits, include his successors in- interest and assignees) of the other part.

WHEREAS

1. AGPL desires to have certain SERVICES performed as hereinafter specified.

2. CONTRACTOR represents that he has the necessary experience, capability and competent personnel to

carry out such SERVICES, and is willing to do so on the terms and conditions herein contained.

NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS HEREIN CONTAINED, IT IS HEREBY

AGREED AND DECLARED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:

1. In this AGREEMENT, words and expressions shall have the same meanings as are respectively

assigned to them in the Conditions of the AGREEMENT hereinafter referred to, except where the context

otherwise requires.

2. The following documents, which are listed in accordance with their order of priority, shall be deemed to form and

be read and construed as part of this AGREEMENT:

i. This Form of AGREEMENT.

ii. All post tendering correspondence, which includes, but is not limited to, the following:

- AGPL PO No. AGNP2 – 151 dated 21st October, 2013 and CONTRACTOR’s Acknowledgement on the

PO dated ……….…..., 2013

- Other relevant post tendering correspondence

iii. All Addenda/Clarifications.

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iv. Section 4: General Conditions of Contract.

v. Section 3 : Instruction to Tenderers

vi. Section ___: Annexure __“Scope of SERVICES”.

vii. Section___: Bills of Quantities/Pricing Schedule (Priced Part).

viii. CONTRACTOR’S Offered Bid (Priced and Unpriced) and responses, clarifications thereof.

3. In consideration of the payments to be made by AGPL to the CONTRACTOR as hereinafter mentioned, the

CONTRACTOR hereby covenants with AGPL to execute and complete the SERVICES and remedy any defects

therein in conformity in all respects with the provisions of the AGREEMENT.

4. AGPL hereby covenants to pay the CONTRACTOR in consideration of the execution and Completion of the

SERVICES and the remedying of defects therein the CONTRACT PRICE of Dirham’s 30,794,908.00 (Dhs. Thirty

Million Seven Hundred Ninety four Thousand Nine Hundred Eight) or such other sum as may become Payable

under the provisions of the AGREEMENT at the times and in the manner prescribed by the AGREEMENT.

IN WITNESS WHEREOF, THE PARTIES HERETO HAVE ENTERED INTO THIS AGREEMENT AS OF THE

DAY AND YEAR ABOVE WRITTEN.

1. Signed and delivered for and on behalf of:AL GHAIL POWER LLC (AGPL)

By : _________________________

Title : Deputy General Manager

Date : 28th Oct’2013

duly authorized in that behalf in the presence of:

By : _________________________

Title : Finance Controller

Date : 28th Oct’2013

2. Signed and delivered for and on behalf of:Electro RAK LLC

By : _________________________

Title :

Date :

duly authorized in that behalf in the presence of:

By : _________________________

Title :

Date :

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