HYBRID ANNUITY MCA.docx

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PUBLIC PRIVATE PARTNERSHIP IN HYBRID

1

Public PrivatePartnersi!

In

Hi"#a$Devel%!&ent

'ODEL CONCESSIONA(REE'ENT

)%r

H$bri* Annuit$

Pr%+ect




2

(%vern&ent %) In*ia



CONCESSIONA(REE'ENT

THIS AGREEMENT1

is entered into on thisthe……………………. day of, 20......

BET,EEN

1 ['inistr$ %) R%a* Trans!%rt - (%vt %) In*ia - .- Trans!%rt Ba#an-Sansa* 'ar" - Ne# Deli/ ..000. - re!resente* b$ Cie) En"ineer-An*&an P,D ] hereinafter referred to as the 1Aut%rit$2 !hi"he#$ression sha%%, &n%ess re$&'nant to the "onte#t or (eanin' thereof, in"%&deits ad(inistrators, s&""essors and assi'ns) of *ne +art

AND

2 …………………………….IMITE-, a "o($any in"or$orated &nder the

$roisions of the /o($anies A"t, 201 !ith /IN and

hain' its re'istered oi"e at ………………,hereinafter referred to as the

C%ncessi%naire3 !hi"h e#$ression sha%%, &n%ess re$&'nant to the "onte#t

or (eanin' thereof, in"%&de its s&""essors and $er(itted assi'ns and

s&4stit&tes) of the *ther +art.

,HEREAS3

(A) [The Goern(ent of India had entr&sted to the A&thority] for Construction of

Bridges over

Middle Strait Creek at Km.-107 of NH-223 , (New No.- NH-4) connecting South Andaman

Island & Baratang Island in Andaman & Nicobar Islands] the 1Pr%+ect2) on desi'n,4&i%d, o$erate and transfer the 1DBOT Annuit$2 %r 1H$bri* Annuit$2) 4asis,!hi"h sha%% 4e $art%y 5nan"ed 4y the /on"essionaire !ho sha%% re"oer itsinest(ent and "osts thro&'h $ay(ents to 4e (ade 4y the A&thority, ina""ordan"e !ith the ter(s and "onditions to 4e set forth in a "on"essiona'ree(ent to 4e entered into.

6) The A&thority had a""ordin'%y inited $ro$osa%s 4y its Re7&est for8&a%ifi"ation dated 999 the

Re4uest )%r 5uali)icati%n2 %r 1R6527 for short %istin' of 4idders for"onstr&"tion, o$eration

: Instructi%ns )%r Bi**ers The draft /on"ession A'ree(ent iss&ed to the 6idders (ay 4e "&sto(i;ed for 4id<s$e"i5" $&r$oses ina""ordan"e !ith the instr&"tions4e%o!=Note 1= The $roisions in "&r%y 4ra">ets are to 4e retained in the draft /on"ession A'ree(ent for(in' $art of 6iddin' -o"&(ents and sha%% 4e s&ita4%y (odi5ed 4y the 6idders after the iss&e of etter of A!ard *A) in orderto re?e"t the 4id<s$e"ifi" $arti"&%ars in the /on"ession A'ree(ent. See A$$endi#<I)Note 2= 6%an> s$a"es a#e to 4e retained in the draft /on"ession A'ree(ent and sha%% 4e s&ita4%y 5%%ed 4y the6idders after the iss&e of *A in order to re?e"t 4id<s$e"ifi" $arti"&%ars in the /on"ession A'ree(ent. Ho!eer,4%an> s$a"es sha%% 4e retained in a%% S"hed&%es !hi"h "ontain for(ats that are to 4e &sed after the /on"essionA'ree(ent is e#e"&ted. See A$$endi#<I)Note = @ootnotes (ar>ed 3 are to 4e retained in the draft /on"ession A'ree(ent. These footnotes are for'&idan"e of the se%e"ted6idders and sha%% 4e o(itted 4efore e#e"&tin' the /on"ession A'ree(ent. Ho!eer, footnotes (ar>ed:3 sha%% 4e retained in the

/on"ession A'ree(ent as a $art thereof. SeeA$$endi#<I)

1Instr&"tions for "&sto(i;ation of this do"&(ent 4y the A&thority



This Mode% /on"ession A'ree(ent the M/A3) (ay 4e "&sto(i;ed for $roBe"t<s$e"ifi" &se in a""ordan"e!ith the instr&"tions 4e%o!=N%te I3 Seria%%y n&(4ered footnotes in this M/A are for '&idan"e of the A&thority and sho&%d 4e o(ittedfro( the draft /on"essionA'ree(ent for(in' $art of 6iddin' -o"&(ents. SeeA$$endi#<II)N%te II3 A%% $roBe"t<s$e"i5" $roisions in this M/A hae 4een en"%osed in s7&are $arenthesis and (ay 4e(odi5ed, as ne"essary, 4eforeiss&in' the draft /on"ession A'ree(ent to 6idders. SeeA$$endi#<11)N%te III= The asteris>s in this M/A sho&%d 4e s&4stit&ted 4y $roBe"t<s$e"i5" $arti"&%ars 4efore iss&in' the draft/on"ession A'ree(ent to6idders. Se"A$$endi#<II)N%te IV= Notes I, II. I%% and IC sha%% 4e o(itted $rior to iss&in' of the draft/on"ession A'ree(ent.



and (aintenan"e of the a4oe referred +roBe"t on Hy4rid Ann&ity 4asis and

had short%isted "ertain 4idders in"%&din', inter alia, the Dthe se%e"ted 4idder

"onsorti&( "o($risin'…………………,………………………………and

"o%%e"tie%y the 1C%ns%rtiu&2) !ith………………………as its %ead (e(4er

the 1Lea* 'e&ber2)F.

/) The A&thority had $res"ri4ed the te"hni"a% and "o((er"ia% ter(s and"onditions, and inited 4ids the Re4uest )%r Pr%!%sals2 %r 1R6P27fro( the 4idders short%isted $&rs&ant to the R@8 for &nderta>in' the +roBe"t.

-) After ea%&ation of the 4ids re"eied, the A&thority had a""e$ted the

4id of theDse%e"ted 4idder /onsorti&(F and iss&ed its etter of A!ard

No…………………………..dated………………………. hereinafter "a%%ed the

1LOA2) to the Dse%e"ted 4idder /onsorti&( re7&irin', inter

a%ia, the e#e"&tion of this /on"ession A'ree(ent !ithin forty 5e)

days of the date of iss&e thereof.

E) DThe se%e"ted 4idder /onsorti&( has sin"e $ro(oted and in"or$orated the

/on"essionaire as a %i(ited %ia4i%ity "o($any &nder the /o($anies A"t201, andF has re7&ested the A&thority to a""e$t the /on"essionaire as

the entity !hi"h sha%% &nderta>e and $erfor( the o4%i'ations and e#er"ise

the ri'hts of the Dse%e"ted 4idder /onsorti&( &nder the *A,F in"%&din' the

o4%i'ation to enter into this /on"ession A'ree(ent $&rs&ant to the *A for

&nderta>in' the +roBe"t.

@) D6y its %etter dated the /on"essionaire has a%so Boined in the said

re7&est of the se%e"ted 4idder /onsorti&( to the A&thority to a""e$t it as

the entity !hi"h sha%% &nderta>e and $erfor( the o4%i'ations and e#er"ise

the ri'hts of the se%e"ted 4idder /onsorti&( in"%&din' the o4%i'ation to

enter into this /on"ession A'ree(ent $&rs&ant to the *A. The/on"essionaire has f&rther re$resented to the ee"t that it has 4een

$ro(oted 4y the se%e"ted 4idder /onsorti&( for the $&r$oses hereof

and has de%iered to the A&thority a %e'a% o$inion !ith res$e"t to the

a&thority of the /on"essionaire to enter into this /on"ession A'ree(ent and

the enfor"ea4i%ity of the $roisions thereof.F

G) The A&thority has Da'reed to the said re7&est of the se%e"ted 4idder

/onsorti&( and the /on"essionaire, and hasF a""ordin'%y a'reed to enter

into this /on"ession A'ree(ent !ith the /on"essionaire for i($%e(entation

of the +roBe"t on Hy4rid Ann&ity 4asis, s&4Be"t to and on the ter(s and

"onditions set forth hereinafter.

N*, THERE@*RE, in "onsideration of the fore'oin' and the res$e"tie "oenants

and a'ree(ents set forth in this /on"ession A'ree(ent, the re"ei$t and

s&i"ien"y of !hi"h is here4y a">no!%ed'ed, and intendin' to 4e %e'a%%y 4o&nd

here4y, the +arties a'ree as fo%%o!s=



ARTICLE .

DE6INITIONS ANDINTERPRETATION

1.1 De)initi%ns

The !ords and e#$ressions 4e'innin' !ith "a$ita% %etters and de5ned in this

A'ree(ent in"%&din' those in Arti"%e 2) sha%%, &n%ess the "onte#t other!ise

re7&ires, hae the (eanin' as"ri4ed thereto herein, and the !ords and

e#$ressions de5ned in the S"hed&%es and &sed therein sha%% hae the (eanin'

as"ri4ed thereto in the S"hed&%es.

1.2 Inter!retati%n

1.2.1 In this A'ree(ent, &n%ess the "onte#t other!ise re7&ires,

a) referen"es to any %e'is%ation or any $roision thereof sha%% in"%&dea(end(ent or re< ena"t(ent or "onso%idation of s&"h %e'is%ation or any

$roision thereof so far as s&"h a(end(ent or re<ena"t(ent or

"onso%idation a$$%ies or is "a$a4%e of a$$%yin' to any transa"tion entered

into here&nderJ

4) referen"es to %a!s of India or Indian %a! or re'&%ation hain' the for"e of

%a! sha%% in"%&de the %a!s, a"ts, ordinan"es, r&%es, re'&%ations, 4ye %a!s or

noti5"ations !hi"h hae the for"e of %a! in the territory of India and as fro(

ti(e to ti(e (ay 4e a(ended, (odified, s&$$%e(ented, e#tended or re<

ena"tedJ

") referen"es to a !ers%n3 and !ords denotin' a nat&ra% $erson sha%%4e "onstr&ed as a referen"e to any indiid&a%, 5r(, "o($any, "or$oration,

so"iety, tr&st, 'oern(ent, state or a'en"y of a state or any asso"iation or

$artnershi$ !hether or not hain' se$arate %e'a% $ersona%ity) of t!o or

(ore of the a4oe and sha%% in"%&de s&""essors and assi'nsJ

d) the ta4%e of "ontents, headin's or s&4<headin's in this A'ree(ent are

for "onenien"e of referen"e on%y and sha%% not 4e &sed in, and sha%% not

ae"t, the "onstr&"tion or inter$retation of this A'ree(entJ

e) the !ords 1inclu*e2 an* 1inclu*in"3 are to 4e "onstr&ed !itho&t

%i(itation and sha%% 4e dee(ed to 4e fo%%o!ed 4y 1#it%ut li&itati%n2

or 1but n%t li&ite* t%2 !hether or not they are fo%%o!ed 4y s&"h

$hrasesJ

f) referen"es to 1c%nstructi%n2 or 1buil*in"2 in"%&de, &n%ess the

"onte#t other!ise re7&ires, inesti'ation, desi'n, en'ineerin', $ro"&re(ent,

de%iery, trans$ortation, insta%%ation, $ro"essin', fa4ri"ation, testin',

"o((issionin' and other a"tiities in"identa% to the "onstr&"tion, and

1c%nstruct2 or 1buil*2 sha%% 4e "onstr&ed a""ordin'%yJ

') referen"es to *evel%!&ent3 in"%&de, &n%ess the "onte#t other!ise

re7&ires, "onstr&"tion, renoation, ref&r4ishin', a&'(entation, &$'radation

and other a"tiities in"identa% thereto, and 1*evel%!2 sha%% 4e "onstr&eda""ordin'%yJ



h) any referen"e to any $eriod of ti(e sha%% (ean a referen"e to thata""ordin' to Indian

Standard Ti(eJ

i) any referen"e to day sha%% (ean a referen"e toa "a%endar dayJ

B) Referen"e to a 1business *a$2 sha%% 4e "onstr&ed as referen"e to a dayother than a S&nday) on !hi"h 4an>s in the State are 'enera%%y o$en for

4&sinessJ



>) any referen"e to (onth sha%% (ean a referen"e to a "a%endar (onth as

$er the Gre'orian "a%endarJ

%) referen"es to any date, $eriod or +roBe"t Mi%estone sha%% (ean and

in"%&de s&"h date, $eriod or +roBe"t Mi%estone as<(ay 4e e#tended $&rs&ant

to this A'ree(entJ

() any referen"e to any $eriod "o((en"in' 1)r%&2 a s$e"i5ed day or date

and 1till2 or 1until2 a s$e"ified day or date sha%% in"%&de 4oth s&"h days or

datesJ $roided that if the %ast day of any $eriod "o($&ted &nder this

A'ree(ent is not a 4&siness day, then the $eriod sha%% r&n &nti% the end of

the ne#t 4&siness dayJ

n) the !ords i($ortin' sin'&%ar sha%% in"%&de $%&ra% and i"e ersaJ

o) Referen"es to any 'ender sha%% in"%&de the other and the ne&tra% 'enderJ

$) la83 (eans a h&ndred tho&sand 100,000) and "rore3 (eans ten(i%%ion 10,000,000)J

7) 1In*ebte*ness3 sha%% 4e "onstr&ed so as to in"%&de any o4%i'ation

!hether in"&rred as $rin"i$a% or s&rety) for the $ay(ent or re$ay(ent

of (oney, !hether $resent or f&t&re, a"t&a% or "ontin'entJ

r) referen"es to the 1#in*in"/u!3, 1*iss%luti%n2- 1ins%lvenc$2- %r1re%r"anisati%n3 of a "o($any or "or$oration sha%% 4e "onstr&ed so as

to in"%&de any e7&ia%ent or ana%o'o&s $ro"eedin's &nder the %a! of the

B&risdi"tion in !hi"h s&"h "o($any or "or$oration is in"or$orated or any

B&risdi"tion in !hi"h s&"h "o($any or "or$oration "arries on 4&siness

in"%&din' the see>in' of %i7&idation, !indin'<&$, reor'anisation,

disso%&tion, arran'e(ent, $rote"tion or re%ief of de4torsJs) sae and e#"e$t as other!ise $roided in this A'ree(ent, any referen"e,

at any ti(e, to any a'ree(ent, deed, instr&(ent, %i"ense or do"&(ent of

any des"ri$tion sha%% 4e "onstr&ed as referen"e to that a'ree(ent, deed,

instr&(ent, %i"ense or other do"&(ent as a(ended, aried,

s&$$%e(ented, (odified or s&s$ended at the ti(e of s&"h referen"eJ

$roided that this S&4<"%a&se s) sha%% not o$erate so as to in"rease

%ia4i%ities or o4%i'ations of the A&thority here&nder or $&rs&ant hereto in any

(anner !hatsoeerJ

t) any a'ree(ent, "onsent, a$$roa%, a&thori;ation, noti"e,

"o((&ni"ation, infor(ation or re$ort re7&ired &nder or $&rs&ant to thisA'ree(ent fro( or 4y any +arty or the Inde$endent En'ineer sha%% 4e a%id

and ee"tie on%y if it is in !ritin' &nder the hand of a d&%y a&thori;ed

re$resentatie of s&"h +arty or the Inde$endent En'ineer, as the "ase (ay

4e, in this 4eha%f and not other!iseJ

&) the S"hed&%es and Re"ita%s to this A'ree(ent and the Re7&est for

+ro$osa%s 1R6P2) for(s an inte'ra% $art of this A'ree(ent and !i%% 4e

in f&%% for"e and effe"t as tho&'h they !ere e#$ress%y set o&t in the 4ody

of this A'ree(entJ

) referen"es to Re"ita%s, Arti"%es, /%a&ses, S&4<"%a&ses, +roisos or

S"hed&%es in this A'ree(ent sha%%, e#"e$t !here the "onte#t other!isere7&ires, (ean referen"es to Re"ita%s, Arti"%es, /%a&ses, S&4<"%a&ses,

+roisos and S"hed&%es of or to this A'ree(entJ referen"e to an Anne# sha%%,



s&4Be"t to anythin' to the "ontrary s$e"i5ed therein, 4e "onstr&ed as a

referen"e to an Anne# to the S"hed&%e in !hi"h s&"h referen"e o""&rsJ and

referen"e to a +ara'ra$h sha%%, s&4Be"t to anythin' to the "ontrary s$e"ified

therein, 4e "onstr&ed as a referen"e to a +ara'ra$h of the S"hed&%e or

Anne#, as the "ase (ay 4e, in !hi"h s&"h referen"e a$$earsJ



!) the da(a'es $aya4%e 4y either +arty to the other of the(, as set forth in

this A'ree(ent, !hether on $er die( 4asis or other!ise, are (&t&a%%y

a'reed 'en&ine $re<esti(ated %oss and da(a'e %i>e%y to 4e s&ffered and

in"&rred 4y the +arty entit%ed to re"eie the sa(e and are not 4y !ay of

$ena%ty the 1Da&a"es2)J and

#) Ti(e sha%% 4e of the essen"e in the $erfor(an"e of the +artiesKres$e"tie o4%i'ations. If any

ti(e $eriod s$e"ified herein is e#tended, s&"h e#tended ti(e sha%% a%so 4e ofthe essen"e.

1.2.2 Ln%ess e#$ress%y $roided other!ise in this A'ree(ent, any -o"&(entation

re7&ired to 4e $roided or f&rnished 4y the /on"essionaire to the A&thority

and or the Inde$endent En'ineer sha%% 4e $roided free of "ost and in three

"o$ies, and if the A&thority andor the Inde$endent En'ineer is re7&ired to ret&rn

any s&"h -o"&(entation !ith their "o((ents andor a$$roa%, they sha%% 4e

entit%ed to retain t!o "o$ies thereof.

1.2. The r&%e of "onstr&"tion, if any, that a "ontra"t sho&%d 4e inter$reted a'ainstthe $arties res$onsi4%e for the draftin' and $re$aration thereof, sha%% not a$$%y.

1.2. Any !ord or e#$ression &sed in this A'ree(ent sha%%, &n%ess other!ise de5ned or

"onstr&ed in this A'ree(ent, 4ear its ordinary En'%ish (eanin' and, for these

$&r$oses, the Genera% /%a&ses A"t 1O sha%% not a$$%y.

1. 'easure&ents an* arit&etic c%nventi%ns

A%% (eas&re(ents and "a%"&%ations sha%% 4e in the (etri" syste( and "a%"&%ations

done to 2 t!o) de"i(a% $%a"es, !ith the third di'it of 5e) or a4oe 4ein'

ro&nded &$ and 4e%o! 5e) 4ein' ro&nded do!n.

1. Pri%rit$ %) a"ree&ents- clauses an* sce*ules

1..1 This A'ree(ent, and a%% other a'ree(ents and do"&(ents for(in' $art of or

referred to in this a'ree(ent are to 4e ta>en as (&t&a%%y e#$%anatory and,

&n%ess other!ise e#$ress%y $roided e%se!here in this A'ree(ent, the $riority of

this A'ree(ent and other do"&(ents and a'ree(ents for(in' $art hereof or

referred to herein sha%%, in the eent of any "on?i"t 4et!een the(, 4e in the

fo%%o!in' order=

a) thisA'ree(entJ and

4) a%% other a'ree(ents and do"&(ents for(in' $art hereof orreferred to herein,

i.e. the A'ree(ent at a) a4oe sha%% $reai% oer the a'ree(ents anddo"&(ents at 4) a4oe.

1..2 S&4Be"t to $roisions of /%a&se 1..1, in "ase of a(4i'&ities or dis"re$an"ies

!ithin this A'ree(ent, the fo%%o!in' sha%% a$$%y=

a) 4et!een t!o or (ore /%a&ses of this A'ree(ent, the $roisions of a

s$e"ifi" /%a&se re%eant to the iss&e &nder "onsideration sha%% $reai% oer

those in other /%a&sesJ



4) 4et!een the /%a&ses of this A'ree(ent and the S"hed&%es, the /%a&ses

sha%% $reai% and 4et!een S"hed&%es and Anne#es, the S"hed&%es sha%%

$reai%J

") 4et!een any t!o S"hed&%es, the S"hed&%e re%eant to theiss&e sha%% $reai%J

d) 4et!een the !ritten des"ri$tion on the -ra!in's and the S$e"i5"ationsand Standards, the %atter sha%% $reai%J



e) 4et!een the di(ension s"a%ed fro( the -ra!in' and its s$e"ifi" !ritten

di(ension, the %atter sha%% $reai%J and

f) 4et!een any a%&e !ritten in n&(era%s and that in !ords, the %atter sha%%$reai%.



PartII

TeC%ncessi%n



2.1 Sc%!e %) te

Pr%+ect

ARTICLE 9

SCOPE O6 THE

PROJECT The s"o$e of the +roBe"t the 1Sc%!e %) te Pr%+ect2) sha%% (ean and in"%&de,d&rin' the /on"ession

+eriod=

a) "onstr&"tion of the +roBe"t on the Site set forth in S"hed&%e<A and as

s$e"ified in S"hed&%e<6 to'ether !ith $roision of +roBe"t @a"i%ities as

s$e"ified in S"hed&%e</, and in "onfor(ity !ith the S$e"ifi"ations and

Standards set forth in S"hed&%e<-J

4) o$eration and (aintenan"e of<the +roBe"t in a""ordan"e !ith the

$roisions of thisA'ree(entJ and

") $erfor(an"e and f&%5%%(ent of a%% other o4%i'ations of the /on"essionaire in

a""ordan"e !ith the $roisions of this A'ree(ent and (atters in"identa%

thereto or ne"essary for the $erfor(an"e of any or a%% of the o4%i'ations of

the /on"essionaire &nder this A'ree(ent



ARTICLE :

(RANT O6CONCESSION

.1 Te C%ncessi%n

.1.1 S&4Be"t to and in a""ordan"e !ith the $roisions of this A'ree(ent, A$$%i"a4%e

a!s and A$$%i"a4%e +er(its, the A&thority here4y 'rants to the /on"essionaire

the "on"ession set forth herein in"%&din' the e#"%&sie ri'ht, %i"ense and a&thority

to "onstr&"t, o$erate and (aintain the +roBe"t the C%ncessi%n3) d&rin' the

/onstr&"tion +eriod of 99999 ) days and *$eration +eriod of [1 @ifteen) years]

"o((en"in' fro( /*-, and the /on"essionaire here4y a""e$ts the /on"ession

and a'rees to i($%e(ent the +roBe"t s&4Be"t to and in a""ordan"e !ith the ter(s

and "onditions set forth herein.

.1.2 S&4Be"t to and in a""ordan"e !ith the $roisions of this A'ree(ent, the/on"ession here4y 'ranted sha%% o4%i'e or entit%e as the "ase (ay 4e) the

/on"essionaire to=

a) Ri'ht of ay, a""ess and %i"ense to the Site for the $&r$ose of and to the

e#tent "onferred 4y the $roisions of this A'ree(entJ4) 5nan"e and "onstr&"t the +roBe"tJ

") (ana'e, o$erate and (aintain the +roBe"tJ

d) $erfor( and f&%fi%% a%% of the /on"essionaireKs o4%i'ations &nder and ina""ordan"e !ith this

A'ree(entJ

e) sae as other!ise e#$ress%y $roided in this A'ree(ent, 4ear and $ay a%%

"osts, e#$enses and "har'es in "onne"tion !ith or in"identa% to the$erfor(an"e of the o4%i'ations of the /on"essionaire &nder this A'ree(entJ

and

f) neither assi'n, transfer or s&4%et or "reate any %ien or en"&(4ran"e on this

A'ree(ent, or the /on"ession here4y 'ranted or on the !ho%e or any $art of

the +roBe"t nor transfer, %ease or $art $ossession thereof, sae and e#"e$t as

e#$ress%y $er(itted 4y this A'ree(ent or the S&4stit&tion A'ree(ent.



;<. C%n*iti%nsPrece*ent

ARTICLE ;

CONDITIONSPRECEDENT

.1.1 Sae and e#"e$t as e#$ress%y $roided in Arti"%es , , P, O, , , 10, 22, 2,

and 1, or &n%ess the "onte#t other!ise re7&ires, the res$e"tie ri'hts and

o4%i'ations of the +arties &nder this A'ree(ent sha%% 4e s&4Be"t to the satisfa"tion

in f&%% of the "onditions $re"edent s$e"ified in this /%a&se .1 the C%n*iti%ns

Prece*ent3).

.1.2 The /on"essionaire (ay, &$on $roidin' the +erfor(an"e Se"&rity to the

A&thority in a""ordan"e !ith Arti"%e , at any ti(e after 0 thirty) days fro( the

date of this A'ree(ent or on an ear%ier day a""e$ta4%e to the A&thority, 4y noti"e

re7&ire the A&thority to satisfy a%% of the /onditions +re"edent set forth in this

/%a&se .1.2 !ithin a $eriod of [120 one h&ndred and t!enty) days thereafter].

The /onditions +re"edent re7&ired to 4e satis5ed 4y the A&thority sha%% 4e

dee(ed to hae 4een f&%fi%%ed !hen the A&thority sha%% hae=

a) $ro"&red for the /on"essionaire the Ri'ht of ay to the Site in a""ordan"e!ith the $roisions of

/%a&ses 10..1 and 10..2J

4) $ro"&red a%% A$$%i"a4%e +er(its re%atin' to eniron(enta% $rote"tion, and

"onseration in res$e"t %and for(in' $art of the Ri'ht of ay &nder /%a&se

10..1 and 10..2J") $ro"&red forest "%earan"e for and in res$e"t %and for(in' $art of the Ri'htof ay &nder /%a&se

10..1 and 10..2, sae and e#"e$t $er(ission for "&ttin' treesJ andd) $ro"&red a$$roa% of the Genera% Arran'e(ent -ra!in's for the road oer

4rid'es&nder 4rid'es at %ee% "rossin's on the +roBe"t.2

+roided that the A&thority sha%% 4e entit%ed to an additiona% $eriod, not e#"eedin'

0ninety) days 4eyond the $eriod of 10 days !itho&t 4ein' %ia4%e for $ay(ent of

any da(a'es, for f&%5%%(ent of the /onditions +re"edent set forth in this /%a&se.

.1. The /onditions +re"edent re7&ired to 4e satis5ed 4y the /on"essionaire !ithin a

$eriod of [10 one h&ndred and 5fty) days] fro( the date of this A'ree(ent sha%%

4e dee(ed to hae 4een f&%fi%%ed !hen the /on"essionaire sha%% hae=

a) $roided +erfor(an"e Se"&rity to the A&thority a%on'!ith theAdditiona% +erfor(an"e Se"&rity, if re7&ired in ter(s of /%a&se .1

and /%a&se .O of this A'ree(ent. @or the aoidan"e of do&4t it is

"%arified and a'reed that the /on"essionaire is re7&ired to $roide the

+erfor(an"e Se"&rity and the Additiona% +erfor(an"e Se"&rity, if re7&ired,

!ithin 0 days of si'nin' of this A'ree(entJ

4) e#e"&ted and $ro"&red e#e"&tion of theEs"ro! A'ree(entJ

") e#e"&ted and $ro"&red e#e"&tion of theS&4stit&tion A'ree(entJ

d) $ro"&red a%% the A$$%i"a4%e +er(its s$e"i5ed in +art<I of S"hed&%e<E

&n"onditiona%%y or if s&4Be"t to "onditions, then a%% s&"h "onditions re7&ired

to 4e f&%fi%%ed 4y the date s$e"ified therein sha%% hae 4een satis5ed in f&%%

and s&"h A$$%i"a4%e +er(its are in f&%% for"e and effe"tJ



e) e#e"&ted the @inan"in' A'ree(ents and de%iered to the A&thority

three) tr&e "o$ies thereof, d&%y attested 4y a -ire"tor of the

/on"essionaireJ

2May 4e o(itted if no oer 4rid'es&nder 4rid'es are in"%&ded in the S"o$e of the +roBe"t



f) de%iered to the A&thority three) tr&e "o$ies of the @inan"ia% +a">a'e

and the @inan"ia% Mode%, d&%y attested 4y a -ire"tor of the /on"essionaire,

a%on' !ith three) soft "o$ies of the @inan"ia% Mode% in MS E#"e% ersion

or any s&4stit&te thereof, !hi"h is a""e$ta4%e to the Senior endersJ and

') de%iered to the A&thority Dfro( the /onsorti&( Me(4ers, their

res$e"tieF "on5r(ation of the "orre"tness of the re$resentations and!arranties set forth in S&4<"%a&ses >), %) and () of /%a&se O.1 of this

A'ree(ent.

.1. Ea"h +arty sha%% (a>e a%% reasona4%e endeao&rs to satisfy the /onditions

+re"edent !ithin the ti(e sti$&%ated and sha%% $roide the other +arty !ith s&"h

reasona4%e "oo$eration as (ay 4e re7&ired to assist that +arty in satisfyin' the

/onditions +re"edent for !hi"h that +arty is res$onsi4%e. S&4Be"t on%y to $ay(ent

of -a(a'es, it is a'reed 4et!een the +arties that the o4%i'ation to f&%fi%% ea"h

$artiesK /onditions +re"edent is an inde$endent o4%i'ation of the res$e"tie +arty.

.1. The +arties sha%% notify ea"h other in !ritin' at %east on"e a (onth on the

$ro'ress (ade in satisfyin' the /onditions +re"edent. Ea"h +arty sha%% $ro($t%y

infor( the other +arty !hen any /ondition +re"edent for !hi"h it is res$onsi4%e

has 4een satis5ed.

;<9 Da&a"es )%r *ela$ b$ te Aut%rit$

In the eent that i) the A&thority does not $ro"&re f&%fi%%(ent of any or a%%

of the /onditions +re"edent set forth in /%a&se .1.2 !ithin the $eriod s$e"i5ed in

res$e"t thereof, and ii) the de%ay has not o""&rred as a res&%t of 4rea"h of thisA'ree(ent 4y the /on"essionaire or d&e to @or"e MaBe&re, the A&thority sha%% $ay

to the /on"essionaire -a(a'es in an a(o&nt "a%"&%ated at the rate of 0.2Q

;ero $oint t!o $er "ent) of the +erfor(an"e Se"&rity for ea"h dayKs de%ay &nti% the

f&%fi%%(ent of s&"h /onditions +re"edent, s&4Be"t to the (a#i(&( %i(it e7&a% to

the a(o&nt of the 6id Se"&rity and &$on rea"hin' s&"h %i(it, the /on"essionaire

(ay, in its so%e dis"retion ter(inate the A'ree(ent. The -a(a'es $aya4%e

here&nder sha%% 4e the so%e re(edy aai%a4%e to the /on"essionaire for de%ay 4y

the A&thority.

+roided f&rther that in the eent of de%ay 4y the /on"essionaire in $ro"&rin'

f&%fi%%(ent of the /onditions +re"edent s$e"ified in /%a&se .1., no -a(a'es sha%%

4e d&e or $aya4%e 4y the A&thority &nder this /%a&se .2 &nti% the date on !hi"h

the /on"essionaire sha%% hae $ro"&red f&%fi%%(ent of the /onditions +re"edent

s$e"i5ed in /%a&se .1..

;<: Da&a"es )%r *ela$ b$ te C%ncessi%naire

In the eent that i) the /on"essionaire does not $ro"&re f&%fi%%(ent of any or a%% of

the /onditions +re"edent set forth in /%a&se .1. !ithin the $eriod s$e"i5ed in

res$e"t thereof, and ii) the de%ay has not o""&rred as a res&%t of fai%&re to f&%fi%%

the o4%i'ations &nder /%a&se .1.2 or other 4rea"h of this A'ree(ent 4y the

A&thority, or d&e to @or"e MaBe&re, the /on"essionaire sha%% $ay to the A&thority

-a(a'es in an a(o&nt "a%"&%ated at the rate of 0.Q ;ero $oint three $er "ent)

of the +erfor(an"e Se"&rity for ea"h dayKs de%ay &nti% the f&%fi%%(ent of s&"h

/onditions +re"edent. +roided, ho!eer, that the -a(a'es $aya4%e here&nder

sha%% 4e s&4Be"t to the (a#i(&( %i(it e7&a% to the a(o&nt of the 6id Se"&rity

and &$on rea"hin' s&"h %i(it, the A&thority (ay, in its so%e dis"retion and s&4Be"t



to the $roisions of /%a&se .2, ter(inate the A'ree(ent. +roided f&rther that in

the eent of de%ay 4y the A&thority in $ro"&rin' f&%fi%%(ent of the /onditions

+re"edent s$e"i5ed in /%a&se .1.2, no



-a(a'es sha%% 4e d&e or $aya4%e 4y the /on"essionaire &nder this /%a&se .

&nti% the date on !hi"h the A&thority sha%% hae $ro"&red f&%fi%%(ent of the

/onditions +re"edent s$e"ified in /%a&se .1.2.

;<; C%&&ence&ent %) C%ncessi%n Peri%*

The date on !hi"h @inan"ia% /%ose is a"hieed and a%% the /onditions +re"edent

s$e"ified in /%a&se .1 are satisfied sha%% 4e the A$$ointed -ate !hi"h sha%% 4e the

date of "o((en"e(ent of the /on"ession +eriod. @or the aoidan"e of do&4t, the

+arties a'ree that the /on"essionaire (ay, &$on o""&rren"e of the A$$ointed

-ate here&nder, 4y noti"e "oney the $arti"&%ars thereof to the A&thority, and

sha%% there&$on 4e entit%ed to "o((en"e "onstr&"tion on the +roBe"t.

;<= Dee&e* Ter&inati%n u!%n *ela$

itho&t $reB&di"e to the $roisions of /%a&ses .2 and ., and s&4Be"t to the

$roisions of /%a&se .2, the +arties e#$ress%y a'ree that in the eent the

A$$ointed -ate does not o""&r, for any reason !hatsoeer, 4efore the 1st 5rst)

anniersary of the date of this A'ree(ent or the e#tended $eriod $roided ina""ordan"e !ith this A'ree(ent, a%% ri'hts, $rii%e'es, "%ai(s and entit%e(ents of

the /on"essionaire &nder or arisin' o&t of this A'ree(ent sha%% 4e dee(ed to

hae 4een !aied 4y, and to hae "eased !ith the "on"&rren"e of the

/on"essionaire, and the /on"ession A'ree(ent sha%% 4e dee(ed to hae 4een

ter(inated 4y (&t&a% a'ree(ent of the +arties. +roided, ho!eer, that in the

eent the non<o""&rren"e of the A$$ointed -ate is for reasons attri4&ta4%e to the

/on"essionaire, the +erfor(an"e Se"&rity and the Additiona% +erfor(an"e

Se"&rity, if any, of the /on"essionaire sha%% 4e en"ashed and a$$ro$riated 4y the

A&thority as -a(a'es thereof.



ARTICLE =

OBLI(ATIONS O6 THECONCESSIONAIRE

=<. Obli"ati%ns %) te C%ncessi%naire

.1.1 S&4Be"t to and on the ter(s and "onditions of this A'ree(ent, the

/on"essionaire sha%%, at its o!n "ost and e#$ense, $ro"&re 5nan"e for and

&nderta>e the desi'n, en'ineerin', $ro"&re(ent, "onstr&"tion, o$eration and

(aintenan"e of the +roBe"t and o4sere, f&%fi%%, "o($%y !ith and $erfor( a%% its

o4%i'ations set o&t in this A'ree(ent or arisin' here&nder.

.1.2 The /on"essionaire sha%% "o($%y !ith a%% A$$%i"a4%e a!s and A$$%i"a4%e

+er(its in"%&din' rene!a%s as re7&ired) in the $erfor(an"e of its o4%i'ations

&nder this A'ree(ent.

.1. Sae and e#"e$t as other!ise $roided in this A'ree(ent or A$$%i"a4%e a!s, as

the "ase (ay 4e, the /on"essionaire sha%%, in dis"har'e of a%% its o4%i'ations &nder

this A'ree(ent, "onfor( !ith and adhere to Good Ind&stry +ra"ti"e at a%% ti(es.

.1. The /on"essionaire sha%%, at its o!n "ost and e#$ense, in addition to and not in

dero'ation of its o4%i'ations e%se!here set o&t in this A'ree(ent=

a) (a>e, or "a&se to 4e (ade, ne"essary a$$%i"ations to the

re%eant Goern(ent Instr&(enta%ities !ith s&"h $arti"&%ars and detai%s as

(ay 4e re7&ired for o4tainin' A$$%i"a4%e +er(its, other than those set

forth in /%a&se .1.2, and o4tain and >ee$ in for"e and ee"t s&"hA$$%i"a4%e +er(its in "onfor(ity !ith A$$%i"a4%e a!sJ

4) $ro"&re, as re7&ired, the a$$ro$riate $ro$rietary ri'hts, %i"enses,

a'ree(ents and $er(issions for (ateria%s, (ethods, $ro"esses, >no!<ho!

and syste(s &sed or in"or$orated into the +roBe"tJ

") $erfor( and f&%5%% its o4%i'ations &nder the @inan"in' A'ree(entsJ

d) (a>e reasona4%e efforts to (aintain har(ony and 'ood ind&stria%

re%ations a(on' the $ersonne% e($%oyed 4y it or its /ontra"tors in

"onne"tion !ith the $erfor(an"e of its o4%i'ations &nder this A'ree(entJ

e) &$on !ritten re7&est fro( the A&thority, (a>e reasona4%e eorts to

fa"i%itate the a"7&isition of %and and $ro"&rin' of eniron(enta% and forest

"%earan"es re7&ired for the $&r$oses of the A'ree(entJ

f) ens&re and $ro"&re that its /ontra"tors "o($%y !ith a%% A$$%i"a4%e

+er(its and A$$%i"a4%e a!s in the $erfor(an"e 4y the( of any of the

/on"essionaireKs o4%i'ations &nder this A'ree(entJ

') a%!ays a"t in a (anner "onsistent !ith the $roisions of this A'ree(ent

and not "a&se or fai% to do any a"t, deed or thin', !hether intentiona%%y or

other!ise, !hi"h (ay in any (anner 4e io%atie of any of the $roisions of

this A'ree(entJ

h) s&$$ort, "oo$erate !ith and fa"i%itate the A&thority in the i($%e(entation

and o$eration of the +roBe"t in a""ordan"e !ith the $roisions of this

A'ree(entJ and



i) transfer the +roBe"t to the A&thority &$on Ter(ination of this A'ree(ent, in

a""ordan"e !ith the $roisions of this A'ree(ent.



=<9 Obli"ati%ns relatin" t% Pr%+ect A"ree&ents

.2.1 It is e#$ress%y a'reed that the /on"essionaire sha%%, at a%% ti(es, 4e res$onsi4%e

and %ia4%e for a%% its o4%i'ations &nder this A'ree(ent not!ithstandin' anythin'

"ontained in the +roBe"t A'ree(ents or any other a'ree(ent, and no defa&%t

&nder any +roBe"t A'ree(ent or a'ree(ent sha%% e#"&se the /on"essionaire fro(

its o4%i'ations or %ia4i%ity here&nder.

.2.2 The /on"essionaire sha%% s&4(it to the A&thority the drafts of a%% +roBe"t

A'ree(ents, or any a(end(ents or re$%a"e(ents thereto, for its reie! and

"o((ents, and the A&thority sha%% hae the ri'ht 4&t not the o4%i'ation to

&nderta>e s&"h reie! and $roide its "o((ents, if any, to the

/on"essionaire !ithin 0 thirty) days of the re"ei$t of s&"h drafts. ithin O

seen) days of e#e"&tion of any +roBe"t A'ree(ent or a(end(ent thereto, the

/on"essionaire sha%% s&4(it to the A&thority a tr&e "o$y thereof, d&%y attested 4y

a -ire"tor of the /on"essionaire, for its re"ord. @or the aoidan"e of do&4t, it is

a'reed that the reie! and "o((ents here&nder sha%% 4e %i(ited to

ens&rin' "o($%ian"e !ith the ter(s of this A'ree(ent. It is f&rther a'reed that

any fai%&re or o(ission of the A&thority to reie! and or "o((ent here&nder sha%%

not 4e "onstr&ed or dee(ed as a""e$tan"e of any s&"h a'ree(ent or do"&(ent

4y the A&thority. No reie! and or o4seration of the A&thority and or its fai%&re

to reie! and or "oney its o4serations on any do"&(ent sha%% re%iee the

/on"essionaire of its o4%i'ations and %ia4i%ities &nder this A'ree(ent in any

(anner nor sha%% the A&thority 4e %ia4%e for the sa(e in any (anner !hatsoeer.

.2. The /on"essionaire sha%% not (a>e any addition, re$%a"e(ent or a(end(ents to

any of the @inan"in' A'ree(ents !itho&t the $rior !ritten "onsent of the

A&thority if s&"h addition, re$%a"e(ent or a(end(ent has, or (ay hae, the

effe"t of i($osin' or in"reasin' any 5nan"ia% %ia4i%ity or o4%i'ation on the

A&thority, and in the eent that any re$%a"e(ent or a(end(ent is (ade !itho&ts&"h "onsent, the /on"essionaire sha%% not enfor"e s&"h re$%a"e(ent or

a(end(ent nor $er(it enfor"e(ent thereof a'ainst the A&thority. @or the

aoidan"e of do&4t, the A&thority a">no!%ed'es and a'rees that it sha%% not

&nreasona4%y !ithho%d its "onsent for restr&"t&rin' or res"hed&%in' of the de4t of

the /on"essionaire and sha%% res$ond to the re7&est for "onsent no %ater than 0

days fro( the re"ei$t of s&"h re7&est fro( the /on"essionaire.

.2. The /on"essionaire sha%% $ro"&re that ea"h of the +roBe"t A'ree(ents "ontains

$roisions that entit%e the A&thority and or enders Re$resentatie to ste$ into

s&"h a'ree(ent, in its so%e dis"retion, in s&4stit&tion of the /on"essionaire in

the eent of Ter(ination or S&s$ension the /oenant3). @&rther, it is"%ari5ed that in "ase 4oth the A&thority and endersK Re$resentatie de"ide to

e#er"ise their ri'ht to ste$<in, the A&thority sha%% hae the so%e ri'ht to ste$ into

the +roBe"t A'ree(ents. @or the aoidan"e of do&4t, it is e#$ress%y a'reed that in

the eent the A&thority does not e#er"ise s&"h ri'hts of s&4stit&tion !ithin a

$eriod not e#"eedin' 0 ninety) days fro( the Transfer -ate, the +roBe"t

A'ree(ents sha%% 4e dee(ed to "ease to 4e in for"e and effe"t on the Transfer

-ate !itho&t any %ia4i%ity !hatsoeer on the A&thority and the /oenant

sha%% e#$ress%y $roide for s&"h eent&a%ity. The /on"essionaire e#$ress%y

a'rees to in"%&de the /oenant in a%% its +roBe"t A'ree(ents and &nderta>es that it

sha%%, in res$e"t of ea"h of the +roBe"t A'ree(ents, $ro"&re and de%ier to the

A&thority an a">no!%ed'(ent and &nderta>in', in a for( a""e$ta4%e to theA&thority, fro( the "o&nter $artyies) of ea"h of the +roBe"t A'ree(ents,

!here &nder s&"h "o&nter $artyies) sha%% a">no!%ed'e and a""e$t the /oenant

and &nderta>e to 4e 4o&nd 4y the sa(e and not to see> any re%ief or re(edy

!hatsoeer fro( the A&thority in the eent of Ter(ination or S&s$ension.



.2. Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, the

/on"essionaire a'rees and a">no!%ed'es that se%e"tion or re$%a"e(ent of the

E+/ /ontra"tor and an *M /ontra"tor and e#e"&tion of the E+/ /ontra"t

and *M /ontra"t sha%% 4e s&4Be"t to the $rior a$$roa% of the A&thority

fro( nationa% se"&rity and $&4%i" interest $ers$e"tie, the de"ision of the

A&thority in this



4eha%f 4ein' 5na%, "on"%&sie and 4indin' on the /on"essionaire, and &nderta>es

that it sha%% not 'ie ee"t to any s&"h se%e"tion or "ontra"t !itho&t $rior a$$roa%

of the A&thority. @or the aoidan"e of do&4t, it is e#$ress%y a'reed that a$$roa% of

the A&thority here&nder sha%% 4e %i(ited to nationa% se"&rity and $&4%i" interest

$ers$e"tie, and the A&thority sha%% endeaor to "oney its de"ision thereon

e#$editio&s%y and no %ater than 0 days fro( the date of re"ei$t of the $ro$osa%

a%on' !ith the draft a'ree(ent 4y the A&thority. It is a%so a'reed that theA&thority sha%% not 4e %ia4%e in any (anner on a""o&nt of 'rant or other!ise of

s&"h a$$roa% and that s&"h a$$roa% or denia% thereof sha%% not in any (anner

a4so%e the /on"essionaire or its /ontra"tors fro( any %ia4i%ity or o4%i'ation &nder

this A'ree(ent.

=<: Obli"ati%ns relatin" t% Can"e in O#nersi!

..1 The /on"essionaire sha%% not &nderta>e or $er(it any /han'e in *!nershi$,

e#"e$t !ith the $rior !ritten a$$roa% of the A&thority.

..2 Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, the

/on"essionaire a'rees and a">no!%ed'es that=

a) a%% a"7&isitions of E7&ity 4y an a"7&irer, either 4y hi(se%f or !ith any $erson

a"tin' in "on"ert, dire"t%y or indire"t%y, in"%&din' 4y transfer of the dire"t or

indire"t %e'a% or 4ene5"ia% o!nershi$ or "ontro% of any E7&ity, in a''re'ate of

2Q t!enty fie $er "ent) or (ore of the tota% E7&ity of the

/on"essionaireJ or

4) a"7&isition of any "ontro% dire"t%y or indire"t%y of the 6oard of -ire"tors of the

/on"essionaire 4y any $erson either 4y hi(se%f or to'ether !ith any $erson or

$ersons a"tin' in "on"ert !ith hi(, sha%% "onstit&te a /han'e in *!nershi$

re7&irin' $rior a$$roa% of the A&thority fro( nationa% se"&rity and $&4%i" interest

$ers$e"tie, the de"ision of the A&thority in this 4eha%f 4ein' 5na%, "on"%&sie and

4indin' on the /on"essionaire, and &nderta>es that it sha%% not 'ie ee"t to any

s&"h a"7&isition of E7&ity or "ontro% of the 6oard of -ire"tors of the

/on"essionaire !itho&t s&"h $rior a$$roa% of the A&thority. @or the aoidan"e of

do&4t, it is e#$ress%y a'reed that a$$roa% of the A&thority here&nder sha%% 4e

%i(ited to nationa% se"&rity and $&4%i" interest $ers$e"tie, and the A&thority

sha%% endeaor to "oney its de"ision thereon e#$editio&s%y. It is a%so a'reed that

the A&thority sha%% not 4e %ia4%e in any (anner on a""o&nt of 'rant or other!ise

of s&"h a$$roa% and that s&"h a$$roa% or denia% thereof sha%% not in any

(anner a4so%e the /on"essionaire fro( any %ia4i%ity or o4%i'ation &nder this

A'ree(ent.

@or the $&r$oses of this/%a&se ..2=

i) the e#$ression a"7&irer3, "ontro%3 and $erson a"tin' in "on"ert3 sha%%

hae the (eanin' as"ri4ed thereto in the Se"&rities and E#"han'e 6oard of

India S&4stantia% A"7&isition of Shares and Ta>eoer) Re'&%ations, 2011 or

any stat&tory re<ena"t(ent thereof as in for"e as on the date of a"7&isition

of E7&ity, or the "ontro% of the 6oard of -ire"tors, as the "ase (ay 4e, of the

/on"essionaireJ

ii) the indire"t transfer or "ontro% of %e'a% or 4ene5"ia% o!nershi$ of E7&ity sha%%

(ean transfer of the dire"t or indire"t 4ene5"ia% o!nershi$ or "ontro% of any"o($any or "o($anies !hether in India or a4road !hi"h res&%ts in the

a"7&irer a"7&irin' "ontro% oer the shares or otin' ri'hts of shares of the

/on"essionaireJ and



iii) $o!er to a$$oint, !hether 4y "ontra"t or 4y irt&e of "ontro% or a"7&isition

of shares of any "o($any ho%din' dire"t%y or thro&'h one or (ore

"o($anies !hether sit&ate in India or a4road) the E7&ity of the

/on"essionaire, not %ess than ha%f of the dire"tors on the 6oard of -ire"tors of

the /on"essionaire or of any "o($any, dire"t%y or indire"t%y !hether sit&ate

in India



or a4road, hain' &%ti(ate "ontro% of 2Q t!enty fie $er "ent) or (ore of

the E7&ity of the /on"essionaire sha%% "onstit&te a"7&isition of "ontro%,

dire"t%y or indire"t%y, of the 6oard of -ire"tors of the /on"essionaire.

=<; Obli"ati%ns relatin" t% e&!l%$&ent %) )%rei"n nati%nals

The /on"essionaire a">no!%ed'es, a'rees and &nderta>es that e($%oy(ent of

forei'n $ersonne% 4y the /on"essionaire andor its "ontra"tors and their

s&4"ontra"tors sha%% 4e s&4Be"t to 'rant of re7&isite re'&%atory $er(its and

a$$roa%s in"%&din' e($%oy(entresidentia% isas and !or> $er(its, if any

re7&ired, and the o4%i'ation to a$$%y for and o4tain the sa(e sha%% and !i%% a%!ays

4e of the /on"essionaire and, not!ithstandin' anythin' to the "ontrary "ontained

in this A'ree(ent, ref&sa% of or ina4i%ity to o4tain any s&"h $er(its and a$$roa%s

4y the /on"essionaire or any of its "ontra"tors or s&4<"ontra"tors sha%% not

"onstit&te @or"e MaBe&re Eent, and sha%% not in any (anner e#"&se the

/on"essionaire fro( the $erfor(an"e and dis"har'e of its o4%i'ations and

%ia4i%ities &nder this A'ree(ent.

=<= Obli"ati%ns relatin" t% e&!l%$&ent %) traine* !ers%nnel

The /on"essionaire sha%% ens&re that the $ersonne% en'a'ed 4y it in the

$erfor(an"e of its o4%i'ations &nder this A'ree(ent are at a%% ti(es $ro$er%y

trained for their res$e"tie f&n"tion

=<> 6acilities )%r *i?erentl$ able* an* el*erl$ !ers%ns

The /on"essionaire sha%%, in "onfor(ity !ith the '&ide%ines iss&ed fro( ti(e to

ti(e 4y the Ministry of So"ia% &sti"e and E($o!er(ent, or a s&4stit&te thereof,

$ro"&re a 4arrier free eniron(ent for the different%y a4%ed and for e%der%y $ersons

&sin' the +roBe"t.

=<@ Bran*in" %) Pr%+ect

The +roBe"t or any $art thereof sha%% not 4e 4randed in any (anner to adertise, dis$%ay orre?e"t the na(e or identity of the /on"essionaire or its shareho%ders. The /on"essionaire&nderta>es that it sha%% not, in any (anner, &se the na(e or entity of the +roBe"t toadertise or dis$%ay its o!n identity, 4rand e7&ity or 4&siness interests, in"%&din' thoseof its shareho%ders, sae and e#"e$t as (ay 4e ne"essary in the nor(a% "o&rse of 4&siness. @or the aoidan"e of do&4t, it is a'reed that the /on"essionaire (ay dis$%ay itso!n na(e at a s$ot !here other $&4%i" noti"es are dis$%ayed for the Lsers. It is f&rthera'reed that the +roBe"t sha%% 4e >no!n, $ro(oted, dis$%ayed and adertised 4y the na(eof Construction of Bridges over Middle Strait Creek at

Km.-107 of NH-223 (New No.- NH-4) connecting South Andaman Island & Baratang Islandin Andaman & Nicobar Islands.3

=< S%le !ur!%se %) te C%ncessi%naire

The /on"essionaire hain' 4een set &$ for the so%e $&r$ose of e#er"isin' theri'hts and o4serin' and $erfor(in' its o4%i'ations and %ia4i%ities &nder this

A'ree(ent, the /on"essionaire or any of its s&4sidiaries sha%% not, e#"e$t !iththe $reio&s !ritten "onsent of the A&thority, 4e or 4e"o(e dire"t%y or

indire"t%y en'a'ed, "on"erned or interested in any 4&siness other than as

enisa'ed herein.

/%a&se . (ay 4e o(itted if a s$e"ia% $&r$ose ehi"%e is not "onsidered ne"essary for i($%e(entation ofthe +roBe"t, es$e"ia %%y !hen



the +roBe"t is "o($aratie%y s(a%% and "an 4e i($%e(ented 4y an e#istin' "o($any of the se%e"ted4idder. In "ase /%a&se . is o(itted, then Re"ita%s E @ (ay a%so 4e o(itted.




1



19

ARTICLE >

OBLI(ATIONS O6 THEAUTHORITY

><. Obli"ati%ns %) te Aut%rit$

P.1.1 The A&thority sha%%, at its o!n "ost and e#$ense &nderta>e, "o($%y !ith and

$erfor( a%% its o4%i'ations set o&t in this A'ree(ent or arisin' here&nder.

P.1.2 The A&thority a'rees to $roide s&$$ort to the /on"essionaire and &nderta>es

to o4sere, "o($%y !ith and $erfor(, s&4Be"t to and in a""ordan"e !ith the

$roisions of this A'ree(ent and A$$%i"a4%e a!s, the fo%%o!in'

a) &$on !ritten re7&est fro( the /on"essionaire, and s&4Be"t to the

/on"essionaire "o($%yin' !ith A$$%i"a4%e a!s, $roide reasona4%e s&$$ort

and assistan"e to the /on"essionaire in $ro"&rin' A$$%i"a4%e +er(its

re7&ired fro( any Goern(ent Instr&(enta%ity for i($%e(entation and

o$eration of the +roBe"tJ

4) &$on !ritten re7&est fro( the /on"essionaire, $roide reasona4%e

assistan"e to the /on"essionaire in o4tainin' a""ess to a%% ne"essary

infrastr&"t&re fa"i%ities and &ti%ities, in"%&din' !ater and e%e"tri"ity at rates

and on ter(s no %ess faora4%e to the /on"essionaire than those 'enera%%y

aai%a4%e to "o((er"ia% "&sto(ers re"eiin' s&4stantia%%y e7&ia%ent

seri"esJ

") $ro"&re that no 4arriers are ere"ted or $%a"ed on or a4o&t the +roBe"t 4y

any Goern(ent Instr&(enta%ity or $ersons "%ai(in' thro&'h or &nder it,e#"e$t for reasons of E(er'en"y, nationa% se"&rity or %a! and orderJ

d) [-e%eted]

e) S&4Be"t to and in a""ordan"e !ith A$$%i"a4%e a!s, 'rant to the

/on"essionaire the a&thority to re'&%ate &se of the +roBe"tJ

f) Assist the /on"essionaire in $ro"&rin' $o%i"e assistan"e for re'&%ation of

Lsers, re(oa% of tres$assers and se"&rity on or at the +roBe"tJ

') Not do or o(it to do any a"t, deed or thin' !hi"h (ay in any (anner is

io%atin' of any of the $roisions of this A'ree(entJ

h) s&$$ort, "oo$erate !ith and fa"i%itate the /on"essionaire in the

i($%e(entation and o$eration of the +roBe"t in a""ordan"e !ith the

$roisions of this A'ree(entJ

i) &$on !ritten re7&est fro( the /on"essionaire and s&4Be"t to the

$roisions of /%a&se ., $roide reasona4%e assistan"e to the

/on"essionaire and any e#$atriate $ersonne% of the /on"essionaire or its

/ontra"tors to o4tain a$$%i"a4%e isas and !or> $er(its for dis"har'in'

their res$e"tie o4%i'ations &nder this A'ree(ent and the +roBe"t

A'ree(entsJ

B) &nderta>e reha4i%itation and resett%e(ent of $ersons ae"ted 4y"onstr&"tion of the +roBe"t and 4ear a%% "osts and e#$ense in res$e"t

thereof, sae and e#"e$t as other!ise $roided in this A'ree(entJ and



20

[>) s&4Be"t to the /on"essionaire "o($%yin' !ith A$$%i"a4%e a!s, $roide

reasona4%e s&$$ort and assistan"e to the /on"essionaire in $ro"&rin'

a$$roa%s, other than a$$roa% of the



Genera% A$$roa% -ra!in's of the Rai%!ay a&thorities for "onstr&"tion of

s&"h road oer 4rid'es&nder 4rid'es.]

><9 'aintenance %bli"ati%ns !ri%r t% A!!%inte* Date

P.2.1 -&rin' the -ee%o$(ent +eriod, the /on"essionaire sha%% (aintain the e#istin'

+roBe"t road, in s&"h a (anner so as to ens&re that the road is in $otho%e free"ondition and a%so to ens&re that the 7&a%ity of seri"e and safety are (aintained

and in the eent of any (ateria% deterioration or da(a'e other than nor(a% !ear

and tear, the /on"essionaire sha%% &nderta>e re$air thereof. @or &nderta>in' the

hereina4oe (entioned (aintenan"e, the /on"essionaire sha%% 4e $aid as $er the

$roision of /%a&se99999

of the Re7&est for +ro$osa% Co%&(e I Instr&"tions to 6idders after d&e

"erti5"ation 4y the

A&thori;ed Re$resentatie of the A&thority. @or the aoidan"e of do&4t, the

/on"essionaire !o&%d 4e $aid on%y if (aintains the +roBe"t as enisa'ed in this

/%a&se P.2.1.

P.2.2 In "ase of fai%&re of the /on"essionaire to &nderta>e (aintenan"e or

re$air of the +roBe"t, the A&thority sha%% &nderta>e (aintenan"e or re$air of the

+roBe"t road at the "ost and e#$ense of the /on"essionaire and re"oer the said

"ost as deter(ined 4y the Inde$endent En'ineer fro( the 6id Se"&rity or the

+erfor(an"e se"&rity, as the "ase (ay 4e, s&4(itted 4y the /on"essionaire. @or

the aoidan"e of do&4t, the /on"essionaire sha%% &nderta>e re$airs on%y for

ens&rin' safe o$eration of the +roBe"t road and in the eent of e#"essie

deterioration or da(a'e "a&sed d&e to &nforeseen eents s&"h as ?oods or

torrentia% rain the A&thority sha%% &nderta>e s$e"ia% re$airs at its o!n "ost and

e#$ense.

P.2. -&rin' the -ee%o$(ent +eriod, the /on"essionaire sha%% $rote"t the +roBe"troad fro( any and a%% o""&$ations, en"roa"h(ents or En"&(4ran"es, and sha%%

not $%a"e or "reate nor $er(it any /ontra"tor or other $erson "%ai(in' thro&'h

or &nder the /on"essionaire to $%a"e or "reate any En"&(4ran"e or se"&rity

interest oer a%% or any $art of the +roBe"t road or &nder this A'ree(ent, sae

and e#"e$t as other!ise e#$ress%y set forth in this A'ree(ent. @&rther, the

/on"essionaire sha%% $erfor( its o4%i'ations in a (anner that [t!o e#istin' %anes of

the +roBe"t] Hi'h!ay or an a%ternatie thereof are o$en to traffi" at a%% ti(es d&rin'

the -ee%o$(ent +eriod.

><: Obli"ati%ns relatin" t% renancin"

L$on re7&est (ade 4y the /on"essionaire to this effe"t, the A&thority sha%%, in

"onfor(ity !ith any re'&%ations or '&ide%ines that (ay 4e noti5ed 4y the

Goern(ent or the Resere 6an> of India, as the "ase (ay 4e, $er(it and ena4%e

the /on"essionaire to se"&re re5nan"in' on s&"h ter(s as (ay 4e a'reed &$on

4et!een the /on"essionaire and the entity $roidin' s&"h re5nan"in'J

$roided, ho!eer, that the re5nan"in' here&nder sha%% a%!ays 4e s&4Be"t to the

$rior "onsent of the A&thority, !hi"h "onsent sha%% not 4e &nreasona4%y !ithhe%d.

The A&thority sha%% endeaor to "oney its de"ision on s&"h re7&est of the

/on"essionaire !ithin 0 days of re"ei$t of the $ro$osa% 4y the A&thority.



May 4e o(itted if no oer 4rid'es&nder 4rid'es are in"%&ded in the S"o$e of the +roBe"t H T o 4 e 5na%i ; e d &$ on 5na%i ; a t ion o f th e Re7 & es t f or +r o$ o s a % Co% & ( e I < I n s tr & "tio n s t o 6i d d e r s .



ARTICLE @

REPRESENTATIONS AND,ARRANTIES

@<. Re!resentati%ns an* #arranties %) te C%ncessi%naire

The /on"essionaire re$resents and !arrants to the A&thority that=

a) It is d&%y or'ani;ed and a%id%y e#istin' &nder the %a!s of India, and

has f&%% $o!er and a&thority to e#e"&te and $erfor( its o4%i'ations &nder

this A'ree(ent and to "arry o&t the transa"tions "onte($%ated here4yJ

4) it has ta>en a%% ne"essary "or$orate and other a"tions &nder A$$%i"a4%e

a!s to a&thorise the e#e"&tion and de%iery of this A'ree(ent and to

a%id%y e#er"ise its ri'hts and $erfor( its o4%i'ations &nder this A'ree(entJ

") Dthe se%e"ted 4idder /onsorti&( Me(4ers and itstheirF Asso"iates

hae the 5nan"ia% standin' and reso&r"es to f&nd the re7&ired E7&ity and

to raise the de4t ne"essary for &nderta>in' and i($%e(entin' the +roBe"t in

a""ordan"e !ith this A'ree(entJ

d) this A'ree(ent "onstit&tes its %e'a%, a%id and 4indin' o4%i'ation,

enfor"ea4%e a'ainst it in a""ordan"e !ith the ter(s hereof, and its

o4%i'ations &nder this A'ree(ent <!i%% 4e %e'a%%y a%id, 4indin' and

enfor"ea4%e o4%i'ations a'ainst it in a""ordan"e !ith the ter(s hereofJ

e) it is s&4Be"t to the %a!s of India, and here4y e#$ress%y and irreo"a4%y!aies any i((&nity in any B&risdi"tion in res$e"t of this A'ree(ent or

(atters arisin' there&nder in"%&din' any o4%i'ation, %ia4i%ity or res$onsi4i%ity

here&nderJ

f) The infor(ation f&rnished in the 6id and as &$dated on or 4efore the date

of this A'ree(ent is tr&e and a""&rate in a%% res$e"ts as on the date of this

A'ree(entJ

') the e#e"&tion, de%iery and $erfor(an"e of this A'ree(ent !i%% not "on?i"t

!ith, res&%t in the 4rea"h of, "onstit&te a defa&%t &nder, or a""e%erate

$erfor(an"e re7&ired 4y any of the ter(s of its Me(orand&( and Arti"%es

of Asso"iation Dor those of any (e(4er of the /onsorti&(F or anyA$$%i"a4%e a!s or any "oenant, "ontra"t, a'ree(ent, arran'e(ent,

&nderstandin', de"ree or order to !hi"h it is a $arty or 4y !hi"h it or any

of its $ro$erties or assets is 4o&nd or ae"tedJ

h) there are no a"tions, s&its, $ro"eedin's, or inesti'ations $endin' or,

to its >no!%ed'e, threatened a'ainst it at %a! or in e7&ity 4efore any "o&rt

or 4efore any other B&di"ia%, 7&asi< B&di"ia% or other a&thority, the o&t"o(e

of !hi"h (ay res&%t in the 4rea"h of this A'ree(ent or !hi"h indiid&a%%y or

in the a''re'ate (ay res&%t in any (ateria% i($air(ent of its a4i%ity to

$erfor( any of its o4%i'ations &nder this A'ree(entJ

i) it has no >no!%ed'e of any io%ation or defa&%t !ith res$e"t to any order,!rit, inB&n"tion or de"ree of any "o&rt or Goern(ent Instr&(enta%ity !hi"h

(ay res&%t in any (ateria% aderse ee"t on its a4i%ity to $erfor( its



o4%i'ations &nder this A'ree(ent and no fa"t or "ir"&(stan"e e#ists

!hi"h (ay 'ie rise to s&"h $ro"eedin's that !o&%d aderse%y ae"t the

$erfor(an"e of its o4%i'ations &nder this A'ree(entJ

B) it has "o($%ied !ith A$$%i"a4%e a!s in a%% (ateria% res$e"ts and has not

4een s&4Be"t to any 5nes, $ena%ties, inB&n"tie re%ief or any other "ii% or

"ri(ina% %ia4i%ities !hi"h in the a''re'ate



hae or (ay hae a (ateria% aderse ee"t on its a4i%ity to $erfor( itso4%i'ations &nder this

A'ree(entJ

>) it sha%% at no ti(e &nderta>e or $er(it any /han'e in *!nershi$ e#"e$t in

a""ordan"e !ith the $roisions of /%a&se . and that the Dse%e"ted 4idder/onsorti&( Me(4ersF, to'ether !ith Dits theirF Asso"iates, ho%d not %ess

than 1Q 5fty<one $er"ent) of its iss&ed and $aid &$ E7&ity as on the date

of this A'ree(entJ and that ea"h /onsorti&( Me(4er !hose te"hni"a% and

5nan"ia% "a$a"ity !as ea%&ated for the $&r$oses of $re<7&a%i5"ation and

short<%istin' in res$onse to the Re7&est for 8&a%i5"ation sha%% ho%d at

%east 2PQ t!enty si# $er "ent) of E7&ity d&rin' the /onstr&"tion +eriod

and t!o years thereafter a%on' !ith its Asso"iatesJ

+roided f&rther that any s&"h re7&est (ade &nder /%a&se O.1>) and or

Arti"%e 2, at the o$tion of the A&thority, (ay 4e re7&ired to 4e

a""o($anied 4y a s&ita4%e no o4Be"tion %etter fro( Senior enders

%) Dthe se%e"ted 4idder ea"h /onsorti&( Me(4erF is d&%y or'ani;ed and

a%id%y e#istin' &nder the %a!s of the B&risdi"tion of its in"or$oration or

re'istration, as the "ase (ay 4e, and has re7&ested the A&thority to

enter into this A'ree(ent !ith Ditse%fthe /on"essionaireF $&rs&ant to

the etter of A!ard, and has a'reed to and &n"onditiona%%y a""e$ted the

ter(s and "onditions set forth in this A'ree(entJ

() a%% its ri'hts and interests in the +roBe"t sha%% $ass to and est in the

A&thority on the Transfer -ate free and "%ear of a%% %iens, "%ai(s and

En"&(4ran"es, !itho&t any f&rther a"t or deed on its $art or that of the

A&thority, and that none of the +roBe"t Assets sha%% 4e a"7&ired 4y it S&4Be"tto any a'ree(ent &nder !hi"h a se"&rity interest or other %ien or

En"&(4ran"e is retained 4y any $erson, sae and e#"e$t as e#$ress%y

$roided in this A'ree(entJ

n) no re$resentation or !arranty 4y it "ontained herein or in any other

do"&(ent f&rnished 4y it to the A&thority or to any Goern(ent

Instr&(enta%ity in re%ation to A$$%i"a4%e +er(its "ontains or !i%% "ontain any

&ntr&e or (is%eadin' state(ent of (ateria% fa"t or o(its or !i%% o(it to state

a (ateria% fa"t ne"essary to (a>e s&"h re$resentation or !arranty not

(is%eadin'J

o) no s&(s, in "ash or >ind, hae 4een $aid or !i%% 4e $aid, 4y it or on its4eha%f, to any $erson 4y !ay of fees, "o((ission or other!ise for se"&rin'

the /on"ession or enterin' into this A'ree(ent or for in?&en"in' or

atte($tin' to inf%&en"e any oi"er or e($%oyee of the A&thority in

"onne"tion there!ithJ

$) a%% infor(ation $roided 4y the Dse%e"ted 4idder /onsorti&( Me(4ersF in

res$onse to the Re7&est for 8&a%i5"ation and Re7&est for +ro$osa%s or

other!ise, is to the 4est of its >no!%ed'e and 4e%ief, tr&e and a""&rate in a%%

(ateria% res$e"tsJ and

7) A%% &nderta>in's and o4%i'ations of the /on"essionaire arisin' fro(

the Re7&est for 8&a%i5"ation and Re7&est for +ro$osa%s or other!ise sha%%4e 4indin' on the /on"essionaire as if they for( $art of this A'ree(ent.



@<9 Re!resentati%ns an* #arranties %) te Aut%rit$

The A&thority re$resents and !arrants to the /on"essionaire that=

a) it has f&%% $o!er and a&thority to e#e"&te, de%ier and $erfor( its

o4%i'ations &nder this A'ree(ent and to "arry o&t the transa"tions

"onte($%ated herein and that it has ta>en a%% a"tions ne"essary to e#e"&te

this A'ree(ent, e#er"ise its ri'hts and $erfor( its o4%i'ations, &nder thisA'ree(entJ



4) It has ta>en a%% ne"essary a"tions &nder A$$%i"a4%e a!s to a&thori;e the

e#e"&tion, de%iery and $erfor(an"e of this A'ree(entJ

") It has the 5nan"ia% standin' and "a$a"ity to $erfor( its o4%i'ations&nder this A'ree(entJ

d) This A'ree(ent "onstit&tes a %e'a%, a%id and 4indin' o4%i'ationenfor"ea4%e a'ainst it in a""ordan"e !ith the ter(s hereofJ

e) it has no >no!%ed'e of any io%ation or defa&%t !ith res$e"t to any order,

!rit, inB&n"tion or any de"ree of any "o&rt or any %e'a%%y 4indin' order of

any Goern(ent Instr&(enta%ity !hi"h (ay res&%t in any (ateria% aderse

ee"t on the A&thorityKs a4i%ity to $erfor( its o4%i'ations &nder this

A'ree(entJ

f) It has "o($%ied !ith A$$%i"a4%e a!s in a%%(ateria% res$e"tsJ

') It has the ri'ht, $o!er and a&thority to (ana'e ando$erate the +roBe"tJ and

h) It sha%% $ro"&re 'ood and a%id ri'ht to the Site, and has $o!er and a&thority

to 'rant a %i"ense in res$e"t thereto to the /on"essionaire.

@<: Discl%sure

In the eent that any o""&rren"e or "ir"&(stan"e "o(es to the attention of either

+arty that renders any of its aforesaid re$resentations or !arranties &ntr&e or

in"orre"t, s&"h +arty sha%% i((ediate%y notify the other +arty of the sa(e. S&"h

noti5"ation sha%% not hae the ee"t of re(edyin' any 4rea"h of the

re$resentation or !arranty that has 4een fo&nd to 4e &ntr&e or in"orre"t nor sha%%it aderse%y ae"t or !aie any ri'ht, re(edy or o4%i'ation of either +arty &nder

this A'ree(ent.



<.Disclai&er

ARTICLE

DISCLAI'ER

.1.1 The /on"essionaire a">no!%ed'es that $rior to the e#e"&tion of this A'ree(ent,

the /on"essionaire has, after a "o($%ete and "aref&% e#a(ination, (ade an

inde$endent ea%&ation of the Re7&est for 8&a%i5"ation, Re7&est for +ro$osa%s,

S"o$e of the +roBe"t, S$e"ifi"ations and Standards, Site, e#istin' str&"t&res, %o"a%

"onditions, $hysi"a% 7&a%ities of 'ro&nd, s&4soi% and 'eo%o'y, and a%% infor(ation

$roided 4y the A&thority or o4tained, $ro"&red or 'athered other!ise, and has

deter(ined to its satisfa"tion the a""&ra"y or other!ise thereof and the nat&re

and e#tent of diffi"&%ties, ris>s and ha;ards as are %i>e%y to arise or (ay 4e fa"ed

4y it in the "o&rse of $erfor(an"e of its o4%i'ations here&nder. The A&thority

(a>es no re$resentation !hatsoeer, e#$ress, i($%i"it or other!ise, re'ardin' the

a""&ra"y, ade7&a"y, "orre"tness, re%ia4i%ity andor "o($%eteness of anyassess(ent, ass&($tions, state(ent or infor(ation $roided 4y it and the

/on"essionaire "on5r(s that it sha%% hae no "%ai( !hatsoeer a'ainst the

A&thority in this re'ard.

.1.2 The /on"essionaire a">no!%ed'es and here4y a""e$ts the ris> of inade7&a"y,

(ista>e or error in or re%atin' to any of the (atters set forth in /%a&se .1.1

a4oe and here4y a">no!%ed'es and a'rees that the A&thority sha%% not 4e

%ia4%e for the sa(e in any (anner !hatsoeer to the /on"essionaire,

Dthe /onsorti&( Me(4ers and theirF Asso"iates or any $erson "%ai(in' thro&'h or&nder any of the(.

.1. The +arties a'ree that any (ista>e or error in or re%atin' to any of the (attersset forth in /%a&se .1.1 a4oe sha%% not itiate this A'ree(ent, or render it

oida4%e.

.1. In the eent that either +arty 4e"o(es a!are of any (ista>e or error re%atin' to

any of the (atters set forth in /%a&se .1.1 a4oe, that +arty sha%% i((ediate%y

notify the other +arty, s$e"ifyin' the (ista>e or errorJ $roided, ho!eer, that a

fai%&re on $art of the A&thority to 'ie any noti"e $&rs&ant to this /%a&se .1.

sha%% not $reB&di"e the dis"%ai(er of the A&thority "ontained in /%a&se .1.1 and

sha%% not in any (anner shift to the A&thority any ris>s ass&(ed 4y the

/on"essionaire $&rs&ant to this A'ree(ent.

.1. E#"e$t as other!ise $roided in this A'ree(ent, a%% ris>s re%atin' to the +roBe"t

sha%% 4e 4orne 4y the /on"essionaire and the A&thority sha%% not 4e %ia4%e in any

(anner for s&"h ris>s or the "onse7&en"es thereof.



PartIII

Devel%!&ent an*

O!erati%ns



<. Per)%r&anceSecurit$

ARTICLE

PER6OR'ANCESECURITY

.1.1 The /on"essionaire sha%%, for the $erfor(an"e of its o4%i'ations here&nder,

$roide to the A&thority no %ater than 0 thirty) days fro( the date of this

A'ree(ent, an irreo"a4%e and &n"onditiona% '&arantee fro( a 6an> for a s&(

e7&ia%ent to Rs. 99999 "rore R&$ees 99999 "rore)P

in the for( set forth in

S"hed&%e<@ the 1Per)%r&ance Securit$27< Lnti% s&"h ti(e the +erfor(an"e

Se"&rity is $roided 4y the /on"essionaire $&rs&ant hereto and the sa(e "o(es

into ee"t, the 6id Se"&rity sha%% re(ain in for"e and ee"t, and &$on s&"h

$roision of the +erfor(an"e Se"&rity $&rs&ant hereto, the A&thority sha%% re%ease

the 6id Se"&rity to the /on"essionaire.

.1.2 Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, in the

eent +erfor(an"e Se"&rity is not $roided 4y the /on"essionaire !ithin a $eriod

of 0 thirty) days fro( the date of this A'ree(ent, the A&thority (ay en"ash the

6id Se"&rity and a$$ro$riate the $ro"eeds thereof as -a(a'es, and there&$on a%%

ri'hts, $rii%e'es, "%ai(s and entit%e(ents of the /on"essionaire &nder or arisin'

o&t of this A'ree(ent sha%% 4e dee(ed to hae 4een !aied 4y, and to hae

"eased !ith the "on"&rren"e of the /on"essionaire, and this A'ree(ent sha%% 4e

dee(ed to hae 4een ter(inated 4y (&t&a% a'ree(ent of the +arties.

<9 A!!r%!riati%n %) Per)%r&ance Securit$

L$on o""&rren"e of a /on"essionaire -efa&%t or fai%&re to (eet any

/ondition +re"edent, the A&thority sha%%, !itho&t $reB&di"e to its other ri'hts and

re(edies here&nder or in %a!, 4e entit%ed to en"ash and a$$ro$riate fro( the

+erfor(an"e Se"&rity the a(o&nts d&e to it for and in res$e"t of s&"h

/on"essionaire -efa&%t or for fai%&re to (eet any /ondition +re"edent. L$on s&"h

en"ash(ent and a$$ro$riation fro( the +erfor(an"e Se"&rity, the /on"essionaire

sha%%, !ithin 1 5fteen) days thereof, re$%enish, in "ase of $artia% a$$ro$riation,

to the ori'ina% %ee% of the +erfor(an"e Se"&rity, and in "ase of a$$ro$riation of

the entire +erfor(an"e Se"&rity $roide a fresh +erfor(an"e Se"&rity, as the "ase

(ay 4e, fai%in' !hi"h the A&thority sha%% 4e entit%ed to ter(inate this A'ree(ent in

a""ordan"e !ith Arti"%e 1.+roided that &$on a$$ro$riation on a""o&nt of /on"essionaireKs -efa&%t the

/on"essionaire sha%% re$%enish the +erfor(an"e Se"&rity and &$on s&"h

re$%enish(ent or f&rnishin' of a fresh +erfor(an"e Se"&rity, as the "ase (ay 4e,

the /on"essionaire sha%% 4e entit%ed to an additiona% /&re +eriod of 120 one

h&ndred and t!enty) days for re(edyin' the /on"essionaire -efa&%t, sae

and e#"e$t as $roided in /%a&se . of this A'ree(ent, and in the eent of the

/on"essionaire not "&rin' its defa&%t !ithin s&"h /&re +eriod, the A&thority sha%%

4e entit%ed to en"ash and a$$ro$riate s&"h +erfor(an"e Se"&rity as -a(a'es, and

to ter(inate this A'ree(ent in a""ordan"e !ith Arti"%e 1.

<: Release %) Per)%r&ance Securit$

The +erfor(an"e Se"&rity sha%% re(ain in for"e and effe"t for a $eriod of one year

fro( the A$$ointed -ate, 4&t sha%% 4e re%eased ear%ier &$on the /on"essionaire

e#$endin' on +roBe"t "onstr&"tion an a''re'ate s&( that is not %ess than 0Q

thirty $er "ent) of the 6id +roBe"t /ost J $roided, ho!eer, that the +erfor(an"e



Se"&rity sha%% not 4e re%eased and sha%% 4e >e$t a%ie 4y the /on"essionaire if the

/on"essionaire is in 4rea"h of this A'ree(ent. L$on re7&est (ade 4y the

/on"essionaire for re%ease

P/a%"&%ated U a$$ro#i(ate%y Q 5e $er "ent) of the 6id +roBe"t /ost



of the +erfor(an"e Se"&rity a%on' !ith the $arti"&%ars !hi"h esta4%ish

satisfa"tion of the re7&ire(ents s$e"i5ed in this /%a&se ., the A&thority sha%%

re%ease the +erfor(an"e Se"&rity forth!ith.

<; Dee&e* Per)%r&ance Securit$

The +arties e#$ress%y a'ree that &$on re%ease of the +erfor(an"e Se"&rity in

a""ordan"e !ith the $roisions of /%a&se ., a s&4stit&te +erfor(an"e Se"&rity

for a %i>e a(o&nt sha%% 4e dee(ed to 4e "reated &nder this /%a&se ., as if it is a

+erfor(an"e Se"&rity &nder /%a&se .1 for and in res$e"t of the re(ainin'

/on"ession +eriod the 1Dee&e* Per)%r&ance Securit$2). The -ee(ed

+erfor(an"e Se"&rity sha%% 4e &n"onditiona% and irreo"a4%e, and sha%%,

not!ithstandin' anythin' to the "ontrary "ontained in /%a&se 2., "onstit&te the

5rst and e#"%&sie "har'e on an e7&ia%ent 4a%an"e in the Es"ro! A""o&nt, s&4Be"t

on%y to the stat&tory d&es and Ta#es and on a%% a(o&nts d&e and $aya4%e 4y the

A&thority to the /on"essionaire, and the A&thority sha%% 4e entit%ed to enfor"e

the -ee(ed +erfor(an"e Se"&rity thro&'h a !ithdra!a% fro( the Es"ro! A""o&nt

or 4y (a>in' a ded&"tion fro( the a(o&nts d&e and $aya4%e 4y it to the

/on"essionaire in a""ordan"e !ith the $roisions of /%a&se

.. @or the aoidan"e of do&4t, the +arties a'ree that no a(o&nts sha%% 4e

ear(ar>ed, fro;en or !ithhe%d in the Es"ro! A""o&nt for

Se"&rin' $ay(ent of any $otentia% -a(a'es that (ay fa%% d&e at a s&4se7&ent

date, and on%y the a(o&nts !hi"h sha%% hae 4e"o(e d&e and $aya4%e 4y the

/on"essionaire &$on o""&rren"e of /on"essionaire -efa&%t sha%% 4e %ia4%e to

a$$ro$riation here&nder

<= A!!r%!riati%n %) Dee&e* Per)%r&ance Securit$

L$on o""&rren"e of a /on"essionaire -efa&%t, the A&thority sha%%, !itho&t $reB&di"e

to its other ri'hts and re(edies here&nder or in %a!, are entit%ed to a$$ro$riate the

re%eant a(o&nts fro( the -ee(ed +erfor(an"e Se"&rity as -a(a'es for

/on"essionaire -efa&%t. @or the aoidan"e of do&4t, the +arties e#$ress%y a'ree

that &$on the -ee(ed +erfor(an"e Se"&rity 4ein' a$$ro$riated, in !ho%e or in

$art, it sha%% 4e dee(ed to 4e re$%enished to the e#tent of s&"h a$$ro$riation.

<> Re)erences t% Per)%r&ance Securit$

Referen"es to +erfor(an"e Se"&rity o""&rrin' in this A'ree(ent for and in res$e"t

of any $eriod $rior to the de%iery of the +erfor(an"e Se"&rity 4y the

/on"essionaire to the A&thority, or in res$e"t of any $eriod s&4se7&ent to the

e#$iry or re%ease thereof, as the "ase (ay 4e, sha%% 4e "onstr&ed so%e%y for the

$&r$oses of "a%"&%atin' the a(o&nt of -a(a'es $aya4%e 4y the

/on"essionaire, and the a(o&nt so deter(ined sha%% 4e a$$ro$riated fro( the

6id Se"&rity or -ee(ed +erfor(an"e Se"&rity, as the "ase (ay 4e.

[<@ A**iti%nal Per)%r&ance Securit$

The /on"essionaire sha%% a%on'!ith the +erfor(an"e Se"&rity $roide to the

A&thority an irreo"a4%e and &n"onditiona% '&arantee fro( a 6an> f or a s&(

e7&ia%ent to Rs. 99999 "rore R&$ees 99999 "rore)O

in the for( set forth in

S"hed&%e<@ the Additiona% +erfor(an"e Se"&rity3), to 4e (odified, (&tatis(&tandis, for this $&r$ose as se"&rity to the A&thority if the 6id of the

Se%e"ted 6idder is %o!er 4y (ore than 10Q !ith res$e"t to the Esti(ated +roBe"t

/ost. The re7&ire(ent of s&4(ittin' the Additiona% +erfor(an"e Se"&rity sha%% 4e

a /ondition +re"edent. @ai%&re to (aintain the Additiona% +erfor(an"e Se"&rity

sha%% 4e treated as /on"essionaire -efa&%t as $er /%a&se 1.1.1.



O/a%"&%ated U 10Q of the dieren"e in the Esti(ated +roBe"t /ost and the 6id +roBe"t /ost.



< A!!r%!riati%n an* Release %) A**iti%nal Per)%r&ance Securit$

Not!ithstandin' anythin' "ontrary "ontained in this A'ree(ent, if this A'ree(ent

is ter(inated, e#"e$t for A&thority -efa&%t or d&e to the @or"e MaBe&re, $rior to

a"hiee(ent of the III third) +roBe"t Mi%estone, the A&thority sha%% hae the

ri'ht to en"ash the Additiona% +erfor(an"e Se"&rity in addition to the

+erfor(an"e Se"&rity. Ho!eer, the Additiona% +erfor(an"e Se"&rity sha%% 4ere%eased &$on a"hiee(ent of +roBe"t Mi%estone III as de5ned in S"hed&%e

G and sha%% 4e re%eased i((ediate%y and no %ater than 0 thirty) days fro( the

"erti5"ation of a"hiee(ent of +roBe"t Mi%estone< III.



.0<. TeSite

ARTICLE.0

RI(HT O6,AY

The site of the +roBe"t sha%% "o($rise the rea% estate des"ri4ed in S"hed&%e<A and

in res$e"t of !hi"h the Ri'ht of ay sha%% 4e $roided and 'ranted 4y the

A&thority to the /on"essionaire as a %i"ensee &nder and in a""ordan"e !ith this

A'ree(ent te 1Site2). @or the aoidan"e of do&4t, it is here4y a">no!%ed'ed

and a'reed that referen"es to the Site sha%% 4e "onstr&ed as referen"es to the

rea% estate re7&ired for the +roBe"t as set forth in S"hed&%e<A.

.0<9 License- Access an* Ri"t %) ,a$

10.2.1 The A&thority here4y 'rants to the /on"essionaire a""ess to the Site for

"arryin' o&t any s&reys, inesti'ations and soi% tests that the /on"essionaire

(ay dee( ne"essary d&rin' the -ee%o$(ent +eriod, it 4ein' e#$ress%y a'reedand &nderstood that the A&thority sha%% hae no %ia4i%ity !hatsoeer in res$e"t of

s&rey, inesti'ations and tests "arried o&t or !or> &nderta>en 4y the

/on"essionaire on or a4o&t the Site $&rs&ant hereto in the eent of Ter(ination or

other!ise.

10.2.2 In "onsideration of the +roBe"t, this A'ree(ent and the "oenants and !arranties

on the $art of the /on"essionaire herein "ontained, the A&thority, in a""ordan"e

!ith the ter(s and "onditions set forth herein, here4y 'rants to the

/on"essionaire, "o((en"in' fro( the A$$ointed -ate, %eae and %i"ense ri'hts in

res$e"t of a%% the %and a%on' !ith any 4&i%din's, "onstr&"tions or i((oa4%e

assets, if any, thereon) "o($risin' the Site !hi"h is des"ri4ed, de%ineated andsho!n in S"hed&%e<A hereto the 1License* Pre&ises2), on an as is !here is3

4asis, free of any En"&(4ran"es, to dee%o$, o$erate and (aintain the said

i"ensed +re(ises, to'ether !ith a%% and sin'&%ar ri'hts, %i4erties, $rii%e'es,

ease(ents and a$$&rtenan"es !hatsoeer to the said i"ensed +re(ises,

heredita(ents or $re(ises or any $art thereof 4e%on'in' to or in any !ay

a$$&rtenant thereto or enBoyed there!ith, for the d&ration of the /on"ession

+eriod and, for the $&r$oses $er(itted &nder this A'ree(ent, and for no other

$&r$ose !hatsoeer.

10.2. The %i"ense, a""ess and ri'ht of !ay 'ranted 4y this A'ree(ent to the

/on"essionaire sha%% a%!ays 4e s&4Be"t to e#istin' ri'hts of !ay and the

/on"essionaire sha%% $erfor( its o4%i'ations in a (anner that [e#istin' %anes of the

+roBe"t] Hi'h!ay or an a%ternatie thereof are o$en to trai" at a%% ti(es d&rin'

the /onstr&"tion +eriod..

10.2. It is e#$ress%y a'reed that the %i"ense 'ranted here&nder sha%% ter(inate

a&to(ati"a%%y and forth!ith, !itho&t the need for any a"tion to 4e ta>en 4y the

A&thority to ter(inate the %i"ense, &$on the Ter(ination of this A'ree(ent for any

reason !hatsoeer. @or the aoidan"e of do&4t, the +arties e#$ress%y a'ree that

not!ithstandin' any te($orary or $er(anent str&"t&res ere"ted on the Site 4y

the /on"essionaire or its s&4<%i"ensees, the %i"ense in res$e"t of the Site sha%%

a&to(ati"a%%y ter(inate, !itho&t any f&rther a"t of the +arties, &$on Ter(ination

of this A'ree(ent.

10.2. The /on"essionaire here4y irreo"a4%y a$$oints the A&thority a"tin' dire"t%y or

thro&'h a no(inee) to 4e its tr&e and %a!f&% attorney, to e#e"&te and si'n in the

na(e of the /on"essionaire a transfer or s&rrender of the %i"ense 'ranted

here&nder at any ti(e after the /on"ession +eriod has e#$ired or has 4een



ter(inated ear%ier in ter(s hereof, a s&f5"ient $roof of !hi"h !i%% 4e the

de"%aration of any d&%y a&thori;ed oi"er of the A&thority, and the /on"essionaire

"onsents to it 4ein' re'istered for this $&r$ose.

10.2.P It is e#$ress%y a'reed that trees on the Site are $ro$erty of theA&thority e#"e$t that the

/on"essionaire sha%% 4e entit%ed to e#er"ise &nsatisfa"tory ri'hts thereon d&rin'

the /on"ession +eriod.



.0<: Pr%cure&ent %) te Site

10..1 +&rs&ant to the noti"e s$e"i5ed in /%a&se .1.2, the A&thority Re$resentatie

and the /on"essionaire sha%%, on a (&t&a%%y a'reed date and ti(e, ins$e"t the Site

and $re$are a (e(orand&( "ontainin' an inentory of the Site in"%&din' the

a"ant and &nen"&(4ered %and, 4&i%din's, str&"t&res, road !or>s, trees and any

other i((oa4%e $ro$erty on or atta"hed to the Site. S&"h (e(orand&( sha%%hae a$$ended thereto an a$$endi# the 1A!!en*i2) s$e"ifyin' in reasona4%e

detai% those $arts of the Site to !hi"h a"ant a""ess and Ri'ht of ay has not

4een 'ranted to the /on"essionaire. Si'nin' of the (e(orand&(, in 2 t!o)

"o&nter$arts ea"h of !hi"h sha%% "onstit&te an ori'ina%), 4y the a&thori;ed

re$resentaties of the +arties sha%%, s&4Be"t to the $roisions of /%a&se

10.2.2, 4e dee(ed to "onstit&te a a%id %i"ense and Ri'ht of ay to the

/on"essionaire for free and &nrestri"ted &se and dee%o$(ent of the a"ant and

&nen"&(4ered Site d&rin' the /on"ession +eriod &nder and in a""ordan"e !ith

the $roisions of this A'ree(ent and for no other $&r$ose !hatsoeer. @or the

aoidan"e of do&4t, it is a'reed that a%id %i"ense and Ri'ht of ay !ith res$e"t

to the $arts of the Site as set forth in the A$$endi# sha%% 4e dee(ed to hae 4een'ranted to the /on"essionaire &$on a"ant a""ess thereto 4ein' $roided 4y the

A&thority to the /on"essionaire.

10..2 itho&t $reB&di"e to the $roisions of /%a&se 10..1, the +arties hereto a'ree

that on or $rior to the A$$ointed -ate, the A&thority sha%% hae 'ranted a"ant

a""ess and Ri'ht of ay s&"h that the A$$endi# sha%% not in"%&de %and !hi"h

sha%% in any (anner $reent the /on"essionaire fro( &nderta>in' "onstr&"tion

of the +roBe"t to the e#tent of at %east 0Q ei'hty $er "ent) of the %en'th thereof,

and in the eent @inan"ia% /%ose is de%ayed on a""o&nt of de%ay in 'rant of s&"h

a"ant a""ess and Ri'ht of ay, the A&thority sha%% 4e %ia4%e to $ay(ent of

-a(a'es so%e%y &nder the $roisions of /%a&se .2. @or the aoidan"e of do&4t,the A&thority a">no!%ed'es and a'rees that the A$$endi# sha%% not in"%&de any

%and !hi"h (ay $reent the "onstr&"tion of any "riti"a% e%e(ent of the +roBe"t

!itho&t !hi"h the /o($%etion /ertifi"ate or +roisiona% /erti5"ate (ay not 4e

'ranted. The A&thority f&rther a">no!%ed'es and a'rees that $rior to the

A$$ointed -ate, it sha%% hae $ro"&red iss&an"e of the stat&tory noti5"ation &nder

A$$%i"a4%e a!s for estin' of a%% %and "o($risin' the +roBe"t in the Goern(ent

and has ta>en $ossession of at %east 0Q ei'hty $er "ent) of the %en'th thereof,

sae and e#"e$t stray $%ots of %and !hi"h the +arties (&t&a%%y a'ree to e#"%&de

fro( s&"h estin' $rior to the A$$ointed -ate. The +arties a%so a">no!%ed'e and

a'ree that the "onditions s$e"ified in this /%a&se

10..2 sha%% not 4e (odified or !aied 4y either +arty.10.. *n and after si'nin' the (e(orand&( referred to in /%a&se 10..1, and &nti% the

Transfer -ate, the /on"essionaire sha%% (aintain a ro&nd<the<"%o"> i'i% oer the

Site and sha%% ens&re and $ro"&re that no en"roa"h(ent thereon ta>es $%a"e,

and in the eent of any en"roa"h(ent or o""&$ation on any $art thereof, the

/on"essionaire sha%% re$ort s&"h en"roa"h(ent or o""&$ation forth!ith to the

A&thority and &nderta>e its re(oa% at its "ost and e#$enses.

10.. The A&thority sha%% (a>e 4est efforts to $ro"&re and 'rant, no %ater than 0

ninety) days fro( the A$$ointed -ate, the Ri'ht of ay to the

/on"essionaire in res$e"t of a%% %and in"%&ded in the A$$endi#, and in the

eent of de%ay for any reason other than @or"e MaBe&re or 4rea"h of thisA'ree(ent 4y the /on"essionaire, it sha%% $ay to the /on"essionaire -a(a'es in

a s&( "a%"&%ated at the rate of Re. 1 R&$ee one) $er day for eery 10 ten)

s7&are (eters or $art thereof, "o((en"in' fro( the 1st ninety 5rst) day of the

A$$ointed -ate and &nti% s&"h Ri'ht of ay is $ro"&red or 10 one h&ndred and

ei'hty) days fro( the A$$ointed -ate !hi"heer is ear%ier. The -a(a'es $aya4%e



in ter(s of this "%a&se sha%% 4e the so%e re(edy aai%a4%e to the /on"essionaire

and the A&thority sha%% not 4e %ia4%e for any "onse7&entia% %oss or da(a'e to the

/on"essionaire.

10.. L$on re"eiin' Ri'ht of ay in res$e"t of any %and in"%&ded in the A$$endi#, the

/on"essionaire sha%% "o($%ete the /onstr&"tion or>s thereon !ithin a

reasona4%e $eriod to 4e deter(ined 4y the



Inde$endent En'ineer in a""ordan"e !ith Good Ind&stry +ra"ti"eJ $roided

that the iss&e of +roisiona% /erti5"ate sha%% not 4e ae"ted or de%ayed on

a""o&nt of a"ant a""ess to any $art of the Site not 4ein' 'ranted to the

/on"essionaire or any "onstr&"tion on s&"h $art of the Site re(ainin' in"o($%ete

on the date of Tests on a""o&nt of the de%ay or denia% of s&"h a""ess thereto. @or

the aoidan"e of do&4t, it is e#$ress%y a'reed that /onstr&"tion or>s on a%% %ands

for !hi"h Ri'ht of ay is 'ranted !ithin 10 one h&ndred and ei'hty) days of

the A$$ointed -ate sha%% 4e "o($%eted on or 4efore the S"hed&%ed /o($%etion

-ate. It is f&rther a'reed that the o4%i'ation of the /on"essionaire to "o($%ete

the affe"ted /onstr&"tion or>s sha%% s&4sist so %on' as the A&thority "ontin&es

to $ay the -a(a'es s$e"ified herein, and &$on the A&thority "easin' to $ay s&"h

-a(a'es after 'iin' P0 si#ty) daysK noti"e thereof to the /on"essionaire, the

o4%i'ation of the /on"essionaire to "o($%ete s&"h !or>s on s&"h $art of the Site

sha%% "ease forth!ith. It is a%so e#$ress%y a'reed that "o($%etion of the res$e"tie

/onstr&"tion or>s !ithin the ti(e deter(ined 4y the Inde$endent En'ineer

here&nder sha%% 4e dee(ed to 4e +roBe"t Mi%estones for the $&r$oses of

%ey and re"oery of -a(a'es &nder and in a""ordan"e !ith the $roisions of

/%a&se 12..2.

10..P The A&thority sha%% $ro"&re the additiona% %and re7&ired for "onstr&"tion of

!or>s s$e"i5ed in /han'e of S"o$e *rder iss&ed &nder Arti"%e 1P, in a""ordan"e

!ith the $roisions of this A'ree(ent, and &$on $ro"&re(ent thereof, s&"h %and

sha%% for( $art of the Site. In "ase of any additiona% %and re7&ired for To%% +%a;as,

Trai" Aid +osts, Medi"a% Aid +osts, &nder $asses and oer $asses or for

"onstr&"tion of !or>s s$e"ified in /han'e of S"o$e *rder iss&ed &nder Arti"%e 1P,

in a""ordan"e !ith this A'ree(ent and &$on $ro"&re(ent, s&"h %and sha%% for(

$art of the SiteJ $roided a%so that the %and to 4e a"7&ired 4y the A&thority

here&nder as a $art of the Site sha%% 4e dee(ed to 4e in"%&ded in the A$$endi#

referred to in this /%a&se 10. and dea%t !ith in a""ordan"e !ith the $roisionsthereof. @or the aoidan"e of do&4t, it is a'reed that the (ini(&( area of %and

to 4e a"7&ired for the To%% +%a;a and a$$roa"h roads thereof sha%% "onfor( to the

$roisions of S"hed&%e < 6 and S"hed&%e < /.

10..O The +arties e#$ress%y a'ree that the o4%i'ation to $roide %and for 0Q ei'hty

$er "ent) of the Site sha%% (ean and i($%y $roision of %and that sha%% ena4%e the

/on"essionaire to &nderta>e "onstr&"tion on at %east 0Q ei'hty $er "ent) of the

%en'th of the +roBe"t.]

.0<; Site t% be )ree )r%& Encu&brances

S&4Be"t to the $roisions of /%a&se 10., the Site sha%% 4e (ade aai%a4%e 4y theA&thority to the /on"essionaire $&rs&ant hereto free fro( a%% En"&(4ran"es and

o""&$ations and !itho&t the /on"essionaire 4ein' re7&ired to (a>e any $ay(ent

to the A&thority on a""o&nt of any "osts, "o($ensation, e#$enses and "har'es for

the a"7&isition and &se of s&"h Site for the d&ration of the /on"ession +eriod,

e#"e$t insofar as other!ise e#$ress%y $roided in this A'ree(ent. @or the

aoidan"e of do&4t, it is a'reed that e#istin' ri'hts of !ay, ease(ents, $rii%e'es,

%i4erties and a$$&rtenan"es to the i"ensed +re(ises sha%% not 4e dee(ed to 4e

En"&(4ran"es. It is f&rther a'reed that the /on"essionaire a""e$ts and

&nderta>es to 4ear any and a%% ris>s arisin' o&t of the inade7&a"y or $hysi"a%

"ondition of the Site.

.0<= Pr%tecti%n %) Site )r%& Encu&brances

-&rin' the /on"ession +eriod, the /on"essionaire sha%% $rote"t the Site fro( any

and a%% o""&$ations, en"roa"h(ents or En"&(4ran"es, and sha%% not $%a"e or

"reate nor $er(it any /ontra"tor or other $erson "%ai(in' thro&'h or &nder the

/on"essionaire to $%a"e or "reate any En"&(4ran"e or se"&rity interest oer a%% or



any $art of the Site or the +roBe"t Assets, or on any ri'hts of the /on"essionaire

therein or &nder this A'ree(ent, sae and e#"e$t as other!ise e#$ress%y set forth

in this A'ree(ent.

To 4e "a%"&%ated as 20Q of the /onstr&"tion +eriod



.0<> S!ecialte&!%rar$ ri"t %) #a$

The /on"essionaire sha%% 4ear a%% "osts and "har'es for any s$e"ia% or te($orary

ri'ht of !ay re7&ired 4y it in "onne"tion !ith a""ess to the Site. The

/on"essionaire sha%% o4tain at its "ost s&"h fa"i%ities on or o&tside the Site as (ay

4e re7&ired 4y it for the $&r$oses of the +roBe"t and the $erfor(an"e of its

o4%i'ations &nder this A'ree(ent.

.0<@ Access t% te Aut%rit$ an* In*e!en*ent En"ineer

The %i"ense, ri'ht of !ay and ri'ht to the Site 'ranted to the /on"essionaire

here&nder sha%% a%!ays 4e s&4Be"t to the ri'ht of a""ess of the A&thority and the

Inde$endent En'ineer and their e($%oyees and a'ents for ins$e"tion, ie!in' and

e#er"ise of their ri'hts and $erfor(an"e of their o4%i'ations &nder this A'ree(ent.

.0< (e%l%"ical an* arcae%l%"ical )in*s

It is e#$ress%y a'reed that (inin', 'eo%o'i"a% or ar"haeo%o'i"a% ri'hts do not for(

$art of the %i"ense 'ranted to the /on"essionaire &nder this A'ree(ent and the

/on"essionaire here4y a">no!%ed'es that it sha%% not hae any (inin' ri'hts or

interest in the &nder%yin' (inera%s, fossi%s, anti7&ities, str&"t&res or other

re(nants or thin's either of $arti"&%ar 'eo%o'i"a% or ar"haeo%o'i"a% interest and

that s&"h ri'hts, interest and $ro$erty on or &nder the Site sha%% est in and 4e%on'

to the A&thority or the "on"erned Goern(ent Instr&(enta%ity. The

/on"essionaire sha%% ta>e a%% reasona4%e $re"a&tions to $reent its !or>(en or

any other $erson fro( re(oin' or da(a'in' s&"h interest or $ro$erty and sha%%

infor( the A&thority forth!ith of the dis"oery thereof and "o($%y !ith s&"h

instr&"tions as the A&thority or the "on"erned Goern(ent Instr&(enta%ity (ay

reasona4%y 'ie for the re(oa% of s&"h $ro$erty. @or the aoidan"e of do&4t, it is

a'reed that any reasona4%e e#$enses in"&rred 4y the /on"essionaire here&ndersha%% 4e rei(4&rsed 4y the A&thority. It is a%so a'reed that the A&thority sha%%

$ro"&re that the instr&"tions here&nder are iss&ed 4y the "on"erned Goern(ent <

Instr&(enta%ity !ithin a reasona4%e $eriod so as to ena4%e the /on"essionaire to

"ontin&e its /onstr&"tion or>s !ith s&"h (odifi"ations as (ay 4e dee(ed

ne"essary.

F.0< Lan* )%r #a$si*e a&enities G It is a Bri*"e Pr%+ect - an* n% lan* si*ea&enit$ as been !lanne*

)%r tis site <

10..1 The additiona% %and ear(ar>ed f or this $&r$ose in S"hed&%e<A sha%% 4e &ti%i;ed

4y the /on"essionaire for $roision of !ayside a(enities !hi"h (ay in"%&de $&4%i"toi%ets, rest areas, "af eteria, (ote%s, (edi"a% fa"i%ities and other fa"i%ities or

a(enities f or Lsers of the +roBe"t road. sho&%d 4e de%eted )

10..2 The /on"essionaire (ay $ro"&re additiona% %and at its o!n "ost and e#$ense

for "onstr&"tion and o$eration of additiona% f a"i%ities and the A&thority sha%%

hae no o4%i'ation or %ia4i%ity in res$e"t thereof. @or the aoidan"e of do&4t, the

+arties a'ree that any %and a"7&ired 4y the /on"essionaire &nder this /%a&se sha%%

4e retained 4y it af ter the Transfer -ate and the A&thority sha%% hae no ri'ht or

%ien on s&"h %and at any ti(e d&rin' or af ter the /on"ession +eriod. The +arties

f&rther a'ree that the /on"essionaire sha%% see> $rior "onsent of the A&thority to

"onne"t any Additiona% @a"i%ity to the +roBe"t and s&"h "onsent sha%% not 4e&nreasona4%y !ithhe%d.] sho&%d 4e de%eted )



ARTICLE..

UTILITIES- ASSOCIATED ROADS AND TREES

..<. Eistin" utilities an* r%a*s

Not!ithstandin' anythin' to the "ontrary "ontained herein, the /on"essionaire

sha%% ens&re that the res$e"tie entities o!nin' the e#istin' roads, ri'ht of !ay or

&ti%ities on, &nder or a4oe the Site are ena4%ed 4y it to >ee$ s&"h &ti%ities in

"ontin&o&s satisfa"tory &se, if ne"essary, 4y $roidin' s&ita4%e te($orary or

$er(anent diersions !ith the a&thority of the "ontro%%in' 4ody of that road,

ri'ht of !ay or &ti%ity, and the A&thority sha%%, &$on !ritten re7&est fro( the

/on"essionaire, initiate and &nderta>e at the /on"essionaireKs "ost, %e'a%

$ro"eedin's for a"7&isition of any ri'ht of !ay ne"essary for s&"h diersion.

..<9 Si)tin" %) %bstructin" utilities

11.2.1 The /on"essionaire sha%%, s&4Be"t to A$$%i"a4%e a!s and !ith assistan"e of theA&thority, &nderta>e shiftin' of any &ti%ity in"%&din' e%e"tri" %ines, !ater $i$es and

te%e$hone "a4%es, to an a$$ro$riate %o"ation or a%i'n(ent !ithin or o&tside the

Site if and on%y if s&"h &ti%ity "a&ses or sha%% "a&se a (ateria% aderse ee"t on

the "onstr&"tion, o$eration or (aintenan"e of the +roBe"t. The "ost of s&"h shiftin'

sha%% 4e 4orne 4y the A&thority or 4y the entity o!nin' s&"h &ti%ity, if the A&thority

so dire"ts, and in the eent of any de%ay in shiftin' thereof, the /on"essionaire

sha%% 4e e#"&sed for fai%&re to $erfor( any of its o4%i'ations here&nder if s&"h

fai%&re is a dire"t "onse7&en"e of de%ay on the $art of the entity o!nin' s&"h

e%e"tri" %ines, !ater $i$es or te%e$hone "a4%es, as the "ase (ay 4e.

..<: Ne# utilities an* r%a*s

The /on"essionaire sha%% a%%o!, s&4Be"t to s&"h "onditions as the A&thority (ay

s$e"ify, a""ess to, and &se of the Site for %ayin' te%e$hone %ines, !ater $i$es,

e%e"tri" "a4%es or other $&4%i" &ti%ities. here s&"h a""ess or &se "a&ses any

5nan"ia% %oss to the /on"essionaire, it (ay re7&ire the &ser of the Site to $ay

"o($ensation or da(a'es as $er A$$%i"a4%e a!s. @or the aoidan"e of do&4t, it is

a'reed that &se of the Site &nder this /%a&se 11. sha%% not in any (anner

re%iee the /on"essionaire of its o4%i'ation to (aintain the +roBe"t in a""ordan"e

!ith this A'ree(ent and any da(a'e "a&sed 4y s&"h &se sha%% 4e restored

forth!ith.

..<; 6ellin" %) trees G Sha%% 4e "arried o&t 4y the @orest -e$art(ent

The A&thority sha%% assist the /on"essionaire in o4tainin' the A$$%i"a4%e +er(its

for fe%%in' of trees on its 4eha%f if s&"h trees "a&se a (ateria% aderse effe"t on

the "onstr&"tion, o$eration or (aintenan"e of the +roBe"t. In the eent of any

de%ay in fe%%in' thereof f or reasons 4eyond the "ontro% of the /on"essionaire, it

sha%% 4e e#"&sed f or fai%&re to $erf or( any of its o4%i'ations here&nder if s&"h

fai%&re is a dire"t "onse7&en"e of de%ay in the f e%%in' of trees. @or the aoidan"e

of do&4t, the "osts and e#$ense in res$e"t of fe%%in' of trees sha%% 4e 4orne 4y the

/on"essionaire and any reen&es thereof sha%% 4e $aid to the A&thority. This $ara sho&%d 4e de%eted )



ARTICLE.9

CONSTRUCTION O6 THEPROJECT

.9<. Obli"ati%ns !ri%r t% c%&&ence&ent %) c%nstructi%n

In addition to its o4%i'ations of (aintainin' the +roBe"t road d&rin' the

-ee%o$(ent +eriod, $rior to "o((en"e(ent of /onstr&"tion or>s, the

/on"essionaire sha%%=

a) s&4(it to the A&thority and the Inde$endent En'ineer its detai%ed

desi'n, "onstr&"tion (ethodo%o'y, 7&a%ity ass&ran"e $ro"ed&res, and the

$ro"&re(ent, en'ineerin' and "onstr&"tion ti(e s"hed&%e for "o($%etion

of the +roBe"t in a""ordan"e !ith the +roBe"t /o($%etion S"hed&%e as set

forth in S"hed&%e<GJ

4) A$$oint its re$resentatie d&%y a&thori;ed to dea% !ith the A&thority inres$e"t of a%% (atters &nder or arisin' o&t of or re%atin' to this A'ree(entJ

") &nderta>e, do and $erfor( a%% s&"h a"ts, deeds and thin's as (ay 4e

ne"essary or re7&ired 4efore "o((en"e(ent of "onstr&"tion &nder and in

a""ordan"e !ith this A'ree(ent, A$$%i"a4%e a!s and A$$%i"a4%e +er(itsJ

and

d) Ma>e its o!n arran'e(ents for 7&arryin' and $ro"&re(ent of(ateria%s needed for the

+roBe"t &nder and in a""ordan"e !ith A$$%i"a4%e a!s andA$$%i"a4%e +er(its.

.9<9 Dra#in"s

In res$e"t of the /on"essionaireKs o4%i'ations re%atin' to the -ra!in's of the+roBe"t as set forth in

S"hed&%e<H, the fo%%o!in' sha%% a$$%y=

a) The /on"essionaire sha%% $re$are and s&4(it, !ith reasona4%e $ro($tness

and in s&"h se7&en"e as is "onsistent !ith the +roBe"t /o($%etion S"hed&%e,

three) "o$ies ea"h of a%% -ra!in's to the A&thority En'ineer for reie!.

4) 6y s&4(ittin' the -ra!in's for reie! to the A&thority En'ineer, the

/on"essionaire sha%% 4e dee(ed to hae re$resented that it has deter(ined

and erified that the desi'n and en'ineerin', in"%&din' the 5e%d "onstr&"tion

"riteria re%ated thereto, are in "onfor(ity !ith the S"o$e of the +roBe"t,

S$e"i5"ations and Standards, A$$%i"a4%e a!s and Good Ind&stry +ra"ti"e.

") ithin 1 5fteen) days of the re"ei$t of the -ra!in's, the A&thority En'ineer

sha%% reie! the sa(e and "oney its o4serations to the /on"essionaire !ith

$arti"&%ar referen"e to their "onfor(ity or other!ise !ith the S"o$e of the

+roBe"t and the S$e"i5"ations and Standards. The /on"essionaire sha%% not 4e

o4%i'ed to a!ait the o4serations of the Inde$endent En'ineer on the -ra!in's

s&4(itted $&rs&ant hereto 4eyond the said 1 5fteen) days $eriod and (ay

4e'in or "ontin&e /onstr&"tion or>s at its o!n dis"retion and ris>.

d) If the aforesaid o4serations of the A&thority En'ineer indi"ate that the

-ra!in's are not in "onfor(ity !ith the S"o$e of the +roBe"t or the

S$e"ifi"ations and Standards, s&"h -ra!in's sha%% 4e reised 4y the

/on"essionaire and res&4(itted to the Inde$endent En'ineer for reie!. The



Inde$endent En'ineer sha%% 'ie its o4serations, if any, !ithin O seen) days

of re"ei$t of the reised -ra!in's.

e) No reie! andor o4seration of the A&thority En'ineer andor its fai%&re to

reie! andor "oney its o4serations on any -ra!in's sha%% re%iee the

/on"essionaire of its o4%i'ations and



%ia4i%ities &nder this A'ree(ent in any (anner nor sha%% the A&thority En'ineer or the

A&thority 4e %ia4%e for the sa(e in any (anner.

f) itho&t $reB&di"e to the fore'oin' $roisions of this /%a&se 12.2, the

/on"essionaire sha%% s&4(it to the A&thority for reie! and "o((ents, its

-ra!in's re%atin' to a%i'n(ent of the +roBe"t, 5nished road %ee% and 'enera%arran'e(ent dra!in's of (aBor 4rid'es, ?yoers and 'rade se$arators, and the

A&thority sha%% hae the ri'ht 4&t not the o4%i'ation to &nderta>e s&"h reie!

and $roide its "o((ents, if any, !ithin 0 thirty) days of the re"ei$t of s&"h

-ra!in's. The $roisions of this /%a&se 12.2 sha%% a$$%y (&tatis (&tandis

to the reie! and "o((ents here&nder.

') ithin 0 ninety) days of /*-, the /on"essionaire sha%% f&rnish to the

A&thority and the Inde$endent En'ineer a "o($%ete set of as<4&i%t

-ra!in's, in 2 t!o) hard "o$ies and in its edita4%e di'ita% for(at or in s&"h

other (edi&( or (anner as (ay 4e a""e$ta4%e to the A&thority, re?e"tin' the

+roBe"t as a"t&a%%y desi'ned, en'ineered and "onstr&"ted, in"%&din' an as<

4&i%t s&rey i%%&stratin' the %ayo&t of the +roBe"t and set4a"> %ines, if

any, of the 4&i%din's and str&"t&res for(in' $art of +roBe"t @a"i%ities.

.9<: C%nstructi%n %) te Pr%+ect

12..1 *n or after the A$$ointed -ate, the /on"essionaire sha%% &nderta>e

"onstr&"tion of the +roBe"t as s$e"ified in S"hed&%e<6 and S"hed&%e</, and in

"onfor(ity !ith the S$e"i5"ations and Standards set forth in S"hed&%e<-. The

[0th fie h&ndred and 5ftieth) day] fro( the A$$ointed -ate sha%% 4e the

s"hed&%ed date for "o($%etion of the +roBe"t the 1Sce*ule* C%&!leti%n

Date2) and the /on"essionaire a'rees and &nderta>es that the +roBe"t sha%% 4e"o($%eted on or 4efore the S"hed&%ed /o($%etion -ate.

12..2 The /on"essionaire sha%% "onstr&"t the +roBe"t in a""ordan"e !ith the +roBe"t

/o($%etion S"hed&%e set forth in S"hed&%e<G. In the eent that the /on"essionaire

fai%s to a"hiee any +roBe"t Mi%estone !ithin a $eriod of 0 ninety) days fro( the

date set forth for s&"h +roBe"t Mi%estone in S"hed&%e<G, &n%ess s&"h fai%&re has

o""&rred d&e to @or"e MaBe&re or for reasons attri4&ta4%e to the A&thority, it

sha%% $ay -a(a'es to the A&thority in a s&( "a%"&%ated at the rate of 0.1Q ;ero

$oint one $er "ent) of the a(o&nt of +erfor(an"e Se"&rity for de%ay of ea"h

day &nti% s&"h +roBe"t Mi%estone is a"hieedJ $roided that if any or a%% +roBe"t

Mi%estones or the S"hed&%ed /o($%etion -ate are e#tended in a""ordan"e !ith the

$roisions of this A'ree(ent, the dates set forth in S"hed&%e<G sha%% 4e dee(ed

to 4e (odified a""ordin'%y and the $roisions of this A'ree(ent sha%% a$$%y as if

S"hed&%e<G has 4een a(ended as a4oeJ $roided f&rther that in the eent /*-

is a"hieed on or 4efore the S"hed&%ed /o($%etion -ate, the -a(a'es $aid &nder

this /%a&se 12..2 sha%% 4e ref&nded 4y the A&thority to the /on"essionaire, 4&t

!itho&t any interest thereon. @or the aoidan"e of do&4t, it is a'reed that

re"oery of -a(a'es &nder this /%a&se 12..2 sha%% 4e !itho&t $reB&di"e to the

ri'hts of the A&thority &nder this A'ree(ent, in"%&din' the ri'ht of Ter(ination

thereof.

12.. In the eent that the +roBe"t is not "o($%eted and /*- does not o""&r !ithin

2O0 t!o h&ndred and seenty) days fro( the S"hed&%ed /o($%etion -ate, &n%essthe de%ay is on a""o&nt of reasons attri4&ta4%e to the A&thority or d&e to @or"e

MaBe&re, the A&thority sha%% 4e entit%ed to ter(inate this A'ree(ent.

.9<; 'aintenance *urin" C%nstructi%n Peri%*



12..1 -&rin' the /onstr&"tion +eriod, the /on"essionaire sha%% (aintain, at its "ost, the

e#istin' +roBe"t road and 6rid'e to ens&re that the road is in $otho%e free

"ondition is (aintained , and sha%% &nderta>e the ne"essary



re$air and (aintenan"e !or>s of 6rid'e for this $&r$oseJ $roided that the

/on"essionaire (ay, at its "ost, interr&$t and diert the Lsers and other $ersons if

s&"h interr&$tion and diersion is ne"essary for the eV"ient $ro'ress of

/onstr&"tion or>s and "onfor(s to Good Ind&stry +ra"ti"eJ $roided f&rther

that s&"h interr&$tion and diersion sha%% 4e &nderta>en 4y the /on"essionaire

on%y !ith the $rior !ritten a$$roa% of the A&thority En'ineer !hi"h a$$roa% sha%%

not 4e &nreasona4%y !ithhe%d. @or the aoidan"e of do&4t, it is a'reed that the/on"essionaire sha%% at a%% ti(es 4e res$onsi4%e for ens&rin' safe o$eration of

the +roBe"t.

12..2 In the eent of defa&%t 4y the /on"essionaire in dis"har'in' the o4%i'ations

s$e"ified in /%a&se 12..1, the A&thority (ay %ey and re"oer -a(a'es e7&a% to

0.2Q ;ero $oint t!o $er "ent) of the +erfor(an"e Se"&rity for ea"h day of defa&%t

here&nder.

12.. The +arties e#$ress%y a'ree that $&rs&ant to the $roisions of /%a&se 12..1, the

/on"essionaire sha%%, a4o&t O seen) days $rior to the date of this A'ree(ent and

!ith $rior noti"e to the A&thority and a%on'!ith the A&thorityKs Re$resentatie,

&nderta>e ideo re"ordin' of the "ondition and stat&s of the +roBe"t, !hi"h

re"ordin' sha%% 4e "o($i%ed into a three)<ho&r di'ita% ideo dis" or any

s&4stit&te thereof, and sha%% $roide three) "o$ies of s&"h re"ordin' to the

A&thority !ithin 2 t!o) days of the date of this A'ree(ent. The A&thority (ay, in

its dis"retion, &nderta>e another ideo re"ordin' in the $resen"e of the

/on"essionaireKs re$resentatie, !ithin O seen) days of the date of this

A'ree(ent, and s&4stit&te its ideo re"ordin' for the ideo re"ordin' &nderta>en

4y the /on"essionaire. The +arties f&rther a'ree that s&"h ideo re"ordin' sha%%

"onstit&te eiden"e of the stat&s and "ondition of the +roBe"t as on the date of

s&"h re"ordin'.

.9<= -e%eted



ARTICLE.:

'ONITORIN( O6CONSTRUCTION

.:<. '%ntl$ !r%"ress re!%rts

-&rin' the /onstr&"tion +eriod, the /on"essionaire sha%%, no %ater than O seen)

days after the "%ose of ea"h (onth, f&rnish to the A&thority and the Inde$endent

En'ineer a (onth%y re$ort on $ro'ress of the /onstr&"tion or>s and sha%%

$ro($t%y 'ie s&"h other re%eant infor(ation as (ay 4e re7&ired 4y the

Inde$endent En'ineer.

.:<9 Ins!ecti%n

-&rin' the /onstr&"tion +eriod, the A&thority En'ineer sha%% ins$e"t the +roBe"t at

%east on"e a (onth and (a>e a re$ort of s&"h ins$e"tion the 1Ins!ecti%n

Re!%rt2) statin' in reasona4%e detai% the defe"ts or de5"ien"ies, if any, !ith

$arti"&%ar referen"e to the +roBe"t /o($%etion S"hed&%e, S"o$e of the +roBe"t and

S$e"i5"ations and Standards. It sha%% send a "o$y of the Ins$e"tion Re$ort to the

A&thority and the /on"essionaire !ithin O seen) days of s&"h ins$e"tion and

&$on re"ei$t thereof, the /on"essionaire sha%% re"tify and re(edy the defe"ts or

de5"ien"ies, if any, stated in the Ins$e"tion Re$ort. S&"h ins$e"tion or s&4(ission

of Ins$e"tion Re$ort 4y the A&thority En'ineer sha%% not re%iee or a4so%e the

/on"essionaire of its o4%i'ations and %ia4i%ities here&nder in any (anner

!hatsoeer.

.:<: Tests

1..1 @or deter(inin' that the /onstr&"tion or>s "onfor( to the S$e"i5"ations and

Standards, the Inde$endent En'ineer sha%% re7&ire the /on"essionaire to "arry o&t

or "a&se to 4e "arried o&t tests, at s&"h ti(e and fre7&en"y and in s&"h (anner

as (ay 4e s$e"i5ed 4y the A&thority En'ineer fro( ti(e to ti(e, in a""ordan"e

!ith Good Ind&stry +ra"ti"e for 7&a%ity ass&ran"e. The si;e of sa($%e for s&"h

tests sha%%, to the e#tent $ossi4%e, not e#"eed 10Q ten $er "ent) of the 7&antity

andor n&(4er of tests re7&ired 4y Good Ind&stry +ra"ti"e for the "onstr&"tion

!or>s &nderta>en 4y the A&thority thro&'h their "ontra"tors. The /on"essionaire

sha%%, !ith d&e di%i'en"e, "arry o&t or "a&se to 4e "arried o&t a%% the tests in

a""ordan"e !ith the instr&"tions of the Inde$endent En'ineer and f&rnish the

res&%ts thereof to the A&thority En'ineer. *ne ha%f of the "osts in"&rred on s&"htests, and to the e#tent "ertified 4y the Inde$endent En'ineer as reasona4%e, sha%%

4e rei(4&rsed 4y the A&thority to the /on"essionaire. +roided, ho!eer, that the

A&thority En'ineer (ay, instead of "arryin' o&t the tests s$e"ified here&nder, at

its o$tion de"ide to !itness, or $arti"i$ate in, any of the tests to 4e &nderta>en 4y

the /on"essionaire for its o!n 7&a%ity ass&ran"e in a""ordan"e !ith Good Ind&stry

+ra"ti"e, and in s&"h an eent, the /on"essionaire sha%% "oo$erate !ith, and

$roide the ne"essary assistan"e to, the A&thority En'ineer for dis"har'in' its

f&n"tions here&nder. @or the aoidan"e of do&4t, the "osts to 4e in"&rred on any

test !hi"h is &nderta>en for deter(inin' the re"ti5"ation of any defe"t or

defi"ien"y in "onstr&"tion sha%% 4e 4orne so%e%y 4y the /on"essionaire.

1..2 In the eent that res&%ts of any tests "ond&"ted &nder this /%a&se 1.

esta4%ish any defe"ts or de5"ien"ies in the /onstr&"tion or>s, the

/on"essionaire sha%% "arry o&t re(edia% (eas&res and f&rnish a re$ort to the

A&thority En'ineer in this 4eha%f. The A&thority En'ineer sha%% re7&ire the

/on"essionaire to "arry o&t or "a&se to 4e "arried o&t tests to deter(ine that s&"h

re(edia% (eas&res hae 4ro&'ht the /onstr&"tion or>s into "o($%ian"e



!ith the S$e"i5"ations and Standards, and the $ro"ed&re set forth in this /%a&se

1. sha%% 4e re$eated &nti% s&"h /onstr&"tion or>s "onfor( to the S$e"i5"ations

and Standards. @or the aoidan"e of do&4t, it is a'reed that tests $&rs&ant to this

/%a&se 1. sha%% 4e &nderta>en in addition to and inde$endent of the tests that

sha%% 4e "arried o&t 4y the /on"essionaire for its o!n 7&a%ity ass&ran"e in

a""ordan"e !ith Good Ind&stry



+ra"ti"e. It is a%so a'reed that a "o$y of the res&%ts of s&"h tests sha%% 4e sent 4y

the /on"essionaire to the A&thority En'ineer forth!ith.

.:<; Dela$s *urin" c%nstructi%n

itho&t $reB&di"e to the $roisions of /%a&se 12..2, if the /on"essionaire does

not a"hiee any of the +roBe"t Mi%estones or the A&thority En'ineer sha%% hae

reasona4%y deter(ined that the rate of $ro'ress of /onstr&"tion or>s is s&"h that

the +roBe"t is not %i>e%y to 4e "o($%eted 4y the S"hed&%ed /o($%etion -ate, it

sha%% notify the /on"essionaire to this ee"t, and the /on"essionaire sha%%, !ithin

1 5fteen) days of s&"h noti"e, 4y a "o((&ni"ation infor( the Inde$endent

En'ineer in reasona4%e detai% a4o&t the ste$s it $ro$oses to ta>e to e#$edite

$ro'ress and the $eriod !ithin !hi"h it sha%% a"hiee /*-.

.:<= Sus!ensi%n %) unsa)e C%nstructi%n ,%r8s

1..1 L$on re"o((endation of the A&thority En'ineer to this ee"t, the

A&thority (ay 4y noti"e re7&ire the /on"essionaire to s&s$end forth!ith the

!ho%e or any $art of the /onstr&"tion or>s if, in the reasona4%e o$inion of theA&thority, S&"h !or> threatens the safety of the Lsers and $edestrians. +roided,

ho!eer, that in "ase of an e(er'en"y, the A&thority (ay s&o (oto iss&e

the noti"e referred to hereina4oe.

1..2 The /on"essionaire sha%%, $&rs&ant to the noti"e &nder /%a&se 1..1, s&s$end

the /onstr&"tion or>s or any $art thereof for s&"h ti(e and in s&"h (anner as

(ay 4e s$e"ified 4y the A&thority and there&$on "arry o&t re(edia% (eas&res to

se"&re the safety of s&s$ended !or>s and the Lsers. The /on"essionaire (ay 4y

noti"e re7&ire the A&thority En'ineer to ins$e"t s&"h re(edia% (eas&res forth!ith

and (a>e a re$ort to the A&thority re"o((endin' !hether or not the

s&s$ension here&nder (ay 4e reo>ed. L$on re"eiin' the re"o((endations of

the Inde$endent En'ineer, the A&thority sha%% either reo>e s&"h s&s$ension or

instr&"t the /on"essionaire to "arry o&t s&"h other and f&rther re(edia%

(eas&res as (ay 4e ne"essary in the reasona4%e o$inion of the A&thority, and

the $ro"ed&re set forth in this /%a&se 1. sha%% 4e re$eated &nti% the

s&s$ension here&nder is reo>ed.

1.. S&4Be"t to the $roisions of /%a&se 2.O, a%% reasona4%e "osts in"&rred for

(aintainin' and $rote"tin' the /onstr&"tion or>s or $art thereof d&rin' the

$eriod of s&s$ension the 1Preservati%n C%sts2) sha%% 4e 4orne 4y the

/on"essionaireJ $roided that if the s&s$ension has o""&rred as a res&%t of any

4rea"h of this A'ree(ent 4y the A&thority, the +reseration /osts sha%% 4e 4orne

4y the A&thority.

1.. If s&s$ension of /onstr&"tion or>s is for reasons not attri4&ta4%e to the

/on"essionaire, the Inde$endent En'ineer sha%% deter(ine any e#tension of the

dates set forth in the +roBe"t /o($%etion S"hed&%e to !hi"h the /on"essionaire is

reasona4%y entit%ed, and sha%% notify the A&thority a""ordin'%y !here&$on the

A&thority sha%% e#tend s&"h +roBe"t /o($%etion S"hed&%e dates in a""ordan"e !ith

the re"o((endations of the Inde$endent En'ineer.

.:<> Vi*e% rec%r*in"

-&rin' the /onstr&"tion +eriod, the /on"essionaire sha%% $roide to the A&thority

for eery "a%endar 7&arter, a ideo re"ordin', !hi"h !i%% 4e "o($i%ed into a

three) ho&r di'ita% ideo dis" or any s&4stit&te thereof, "oerin' the stat&s and

$ro'ress of /onstr&"tion or>s in that 7&arter. The 5rst s&"h ideo re"ordin' sha%%

4e $roided to the A&thority !ithin O seen) days of the A$$ointed -ate and



thereafter, no %ater than 1 5fteen) days after the "%ose of ea"h 7&arter. S&"h

ideo re"ordin' sha%% 4e "arried o&t a%on'!ith the a&thori;ed re$resentatie

of the A&thority. Not!ithstandin'



anythin' to the "ontrary "ontained in this do"&(ent, the /on"essionaire sha%% a%so

dee%o$ a +roBe"t s$e"ifi" !e4site !hi"h sha%% 4e a""essi4%e to the $&4%i" and

&$%oad the ti(e sta($ $i"t&res of the dee%o$(ent of +roBe"t Hi'h!ay ea"h !ee>.



.;<.Tests

ARTICLE.;

CO'PLETIONCERTI6ICATE

1.1.1 No %ater than 0 thirty) days $rior to the %i>e%y "o($%etion of the +roBe"t, the

/on"essionaire sha%% notify the Inde$endent En'ineer of its intent to s&4Be"t the

+roBe"t to Tests. The date and ti(e of ea"h of the Tests sha%% 4e deter(ined 4y the

A&thority En'ineer in "ons&%tation !ith the /on"essionaire, and noti5ed to the

A&thority !ho (ay desi'nate its re$resentatie to !itness the Tests. The

/on"essionaire sha%% $roide s&"h assistan"e as the Inde$endent En'ineer (ay

reasona4%y re7&ire for "ond&"tin' the Tests. In the eent of the /on"essionaire

and the Inde$endent En'ineer fai%in' to (&t&a%%y a'ree on the dates for

"ond&"tin' the Tests, the /on"essionaire sha%% 5# the dates 4y not %ess than 10

ten) daysK noti"e to the A&thority En'ineer, and in the eent the A&thority

En'ineer de%ays the Tests here&nder, the A&thority sha%% i($ose e#e($%ary$ena%ties on the Inde$endent En'ineer and sha%% ens&re that Tests are "o($%eted

in ti(e either 4y the Inde$endent En'ineer or any s&4stit&te thereof.

1.1.2 A%% Tests sha%% 4e "ond&"ted in a""ordan"e !ith S"hed&%e<I at the "ost

and e#$ense of the /on"essionaire. The A&thority En'ineer sha%% o4sere,

(onitor and reie! the res&%ts of the Tests to deter(ine "o($%ian"e of the

+roBe"t !ith S$e"i5"ations and Standards and if it is reasona4%y anti"i$ated or

deter(ined 4y the A&thority En'ineer d&rin' the "o&rse of any Test that the

$erfor(an"e of the +roBe"t or any $art thereof does not (eet the S$e"i5"ations

and Standards, it sha%% hae the ri'ht to s&s$end or de%ay s&"h Test and

re7&ire the /on"essionaire to re(edy and re"tify the defe"ts or defi"ien"ies.

L$on "o($%etion of ea"h Test, the A&thority En'ineer sha%% $roide to the

/on"essionaire and the A&thority "o$ies of a%% Test data in"%&din' detai%ed Test

res&%ts. @or the aoidan"e of do&4t, it is e#$ress%y a'reed that the Inde$endent

En'ineer (ay re7&ire the /on"essionaire to "arry o&t or "a&se to 4e "arried o&t

additiona% Tests, in a""ordan"e !ith Good Ind&stry +ra"ti"e, for deter(inin' the

"o($%ian"e of the +roBe"t !ith S$e"i5"ations and Standards.

.;<9 C%&!leti%n Certi)icate

L$on "o($%etion of /onstr&"tion or>s and the A&thority En'ineer deter(inin'

the Tests to 4e s&""essf&%, it sha%% forth!ith iss&e to the /on"essionaire and the

A&thority a "erti5"ate s&4stantia%%y in the for( set forth in S"hed&%e< the1C%&!leti%n Certi)icate2).

.;<: Pr%visi%nal Certi)icate

1..1 S&4Be"t to the $roisions of /%a&se 1..2, the A&thority En'ineer (ay, at the

re7&est of the /on"essionaire, iss&e a $roisiona% "erti5"ate of "o($%etion

s&4stantia%%y in the for( set forth in S"hed&%e< the 1Pr%visi%nal Certi)icate2) if

the Tests are s&""essf&% and the +roBe"t "an 4e safe%y and re%ia4%y $%a"ed in

"o((er"ia% o$eration tho&'h "ertain !or>s or thin's for(in' $art thereof are

o&tstandin' and not yet "o($%ete. In s&"h an eent, the +roisiona% /erti5"ate

sha%% hae a$$ended thereto a %ist of o&tstandin' ite(s si'ned Boint%y 4y the

Inde$endent En'ineer and the /on"essionaire the 1Punc List2)J $roided thatthe A&thority En'ineer sha%% not !ithho%d the +roisiona% /erti5"ate for reason of

any !or> re(ainin' in"o($%ete if the de%ay in "o($%etion thereof is attri4&ta4%e to

the A&thorityJ $roided f&rther that the +&n"h ist sha%% a%so in"%&de the "ost

of "o($%etion for ea"h of the o&tstandin' ite(s.



1..2 The +arties hereto e#$ress%y a'ree that a +roisiona% /erti5"ate &nder this

/%a&se 1. (ay, &$on re7&est of the /on"essionaire to this ee"t, 4e iss&ed for

o$eratin' $art of the +roBe"t, if the /on"essionaire has "o($%eted "onstr&"tion of

100Q H&ndred $er "ent) of the Site (ade aai%a4%e to



the /on"essionaire &$ to [10 days]W

fro( the A$$ointed -ate. L$on iss&e of s&"h

+roisiona% /erti5"ate, the $roisions of Arti"%e 1 sha%% a$$%y to s&"h "o($%eted

$art, and the ri'hts and o4%i'ations of the /on"essionaire for and in res$e"t of

s&"h "o($%eted $art of the +roBe"t sha%% 4e "onstr&ed a""ordin'%y.

.;<; C%&!leti%n %) Punc List ite&s

1..1 A%% ite(s in the +&n"h ist sha%% 4e "o($%eted 4y the /on"essionaire !ithin 0

ninety) days of the date of iss&e of the +roisiona% /erti5"ate and for any de%ay

thereafter, other than for reasons so%e%y attri4&ta4%e to the A&thority or d&e to

@or"e MaBe&re, the A&thority sha%% 4e entit%ed to re"oer -a(a'es fro( the

/on"essionaire to 4e "a%"&%ated and $aid for ea"h day of de%ay &nti% a%% ite(s are

"o($%eted, at the %o!er of a) 0.1Q ;ero $oint one $er "ent) of the

+erfor(an"e Se"&rity, and 4)

0.2Q ;ero $oint t!o $er "ent) of the "ost of "o($%etin' s&"h ite(s as esti(ated

4y the Inde$endent En'ineer. S&4Be"t to $ay(ent of s&"h -a(a'es, the

/on"essionaire sha%% 4e entit%ed to a f&rther $eriod not e#"eedin' 120 one

h&ndred and t!enty) days for "o($%etion of the +&n"h ist ite(s. @or theaoidan"e of do&4t, it is a'reed that if "o($%etion of any ite( is de%ayed for

reasons so%e%y attri4&ta4%e to the A&thority or d&e to @or"e MaBe&re, the

"o($%etion date thereof sha%% 4e deter(ined 4y the Inde$endent En'ineer in

a""ordan"e !ith Good Ind&stry +ra"ti"e, and s&"h "o($%etion date sha%% 4e

dee(ed to 4e the date of iss&e of the +roisiona% /ertifi"ate for the $&r$oses of

-a(a'es, if any, $aya4%e for s&"h ite( &nder this /%a&se 1..1.

1..2 L$on "o($%etion of a%% +&n"h ist ite(s, the A&thority En'ineer sha%% iss&e the

/o($%etion /erti5"ate. @ai%&re of the /on"essionaire to "o($%ete a%% the +&n"h ist

ite(s !ithin the ti(e set forth in /%a&se 1..1 for any reason, other than

"onditions "onstit&tin' @or"e MaBe&re or for reasons so%e%y attri4&ta4%e to the

A&thority, sha%% entit%e the A&thority to ter(inate this A'ree(ent.

.;<= ,it%l*in" %) Pr%visi%nal %r C%&!leti%n Certi)icate

1..1 If the A&thority En'ineer deter(ines that the +roBe"t or any $art thereof does not

"onfor( to the $roisions of this A'ree(ent and "annot 4e safe%y and re%ia4%y

$%a"ed in "o((er"ia% o$eration, it sha%% forth!ith (a>e a re$ort in this 4eha%f

and send "o$ies thereof to the A&thority and the /on"essionaire. L$on

re"ei$t of s&"h a re$ort fro( the A&thority En'ineer and after "ond&"tin' its o!n

ins$e"tion, if the A&thority is of the o$inion that the +roBe"t is not 5t and safe for

"o((er"ia% seri"e, it sha%%, !ithin O seen) days of re"eiin' the aforesaid

re$ort, notify the /on"essionaire of the defe"ts and de5"ien"ies in the +roBe"tand dire"t the Inde$endent En'ineer to !ithho%d iss&an"e of the +roisiona%

/erti5"ate or /o($%etion /ertifi"ate, as the "ase (ay 4e. L$on re"ei$t of s&"h

noti"e, the /on"essionaire sha%% re(edy and re"tify s&"h defe"ts or de5"ien"ies

and there&$on Tests sha%% 4e &nderta>en in a""ordan"e !ith this Arti"%e 1. S&"h

$ro"ed&re sha%% 4e re$eated as ne"essary &nti% the defe"ts or de5"ien"ies are

re"ti5ed.

1..2 Not!ithstandin' anythin' to the "ontrary "ontained in /%a&se 1..1, the

A&thority (ay, at any ti(e after re"eiin' a re$ort fro( the A&thority En'ineer

&nder that /%a&se, dire"t the Inde$endent En'ineer to iss&e a +roisiona%

/erti5"ate &nder /%a&se 1., and s&"h dire"tion sha%% 4e "o($%ied forth!ith.

.;<> Resce*ulin" %) Tests

If the A&thority En'ineer "ertifies to the A&thority and the /on"essionaire that it is

&na4%e to iss&e the /o($%etion /ertifi"ate or +roisiona% /ertifi"ate, as the "ase

(ay 4e, 4e"a&se of eents or "ir"&(stan"es on a""o&nt of !hi"h the Tests

"o&%d not 4e he%d or had to 4e s&s$ended, the



W20Q of the /onstr&"tion +eriod



/on"essionaire sha%% 4e entit%ed to re<s"hed&%e the Tests and ho%d the sa(e as

soon as reasona4%y $ra"ti"a4%e.



ARTICLE.=

ENTRY INTO CO''ERCIALSERVICE

.=<. C%&&ercial O!erati%n Date COD7

1.1.1 The +roBe"t sha%% 4e dee(ed to 4e "o($%ete !hen the /o($%etion /erti5"ate

or the +roisiona% /erti5"ate, as the "ase (ay 4e, is iss&ed &nder the $roisions

of Arti"%e 1, and a""ordin'%y the "o((er"ia% o$eration date of the +roBe"t sha%%

4e the date on !hi"h s&"h /o($%etion /erti5"ate or the +roisiona% /erti5"ate is

iss&ed the 1COD2). The +roBe"t sha%% enter into "o((er"ia% seri"e on /*-

!here&$on the /on"essionaire sha%% 4e entit%ed to de(and and "o%%e"t Ann&ity

+ay(ents in a""ordan"e !ith the $roisions of this A'ree(ent.

.=<9 Da&a"es )%r *ela$

S&4Be"t to the $roisions of /%a&se 12., if /*- does not o""&r $rior to the 1st

ninety 5rst) day after the S"hed&%ed /o($%etion -ate, &n%ess the de%ay is on

a""o&nt of reasons attri4&ta4%e to the A&thority or d&e to @or"e MaBe&re, the

/on"essionaire sha%% $ay -a(a'es to the A&thority in a s&( "a%"&%ated at the rate

of 0.2Q ;ero $oint t!o $er "ent) of the a(o&nt of +erfor(an"e Se"&rity for

de%ay of ea"h day &nti% /*- is a"hieed.



ARTICLE.>

CHAN(E O6SCOPE

.><. Can"e %) Sc%!e

1P.1.1 The A&thority (ay, not!ithstandin' anythin' to the "ontrary "ontained in this

A'ree(ent, re7&ire the $roision of additiona% !or>s and seri"es !hi"h are not

in"%&ded in the S"o$e of the +roBe"t as "onte($%ated 4y this A'ree(ent the

1Can"e %) Sc%!e2). Any s&"h /han'e of S"o$e sha%% 4e (ade in a""ordan"e

!ith the $roisions of this Arti"%e 1P and the "osts thereof sha%% 4e e#$ended 4y

the /on"essionaire and rei(4&rsed to it 4y the A&thority in a""ordan"e !ith

/%a&se 1P..

1P.1.2 If the /on"essionaire deter(ines at any ti(e that a /han'e of S"o$e is

ne"essary for $roidin' safer and i($roed seri"es to the Lsers, it sha%% 4ynoti"e in !ritin' re7&ire the A&thority to "onsider s&"h /han'e of S"o$e. The

A&thority sha%%, !ithin 1 5fteen) days of re"ei$t of s&"h noti"e, either a""e$t

s&"h /han'e of S"o$e !ith (odifi"ations, if any, and initiate $ro"eedin's therefor

in a""ordan"e !ith this Arti"%e 1P or infor( the /on"essionaire in !ritin' of its

reasons for not a""e$tin' s&"h /han'e of S"o$e, !hi"h de"ision of the A&thority

sha%% 4e 5na% and 4indin'.

1P.1. Any !or>s or seri"es !hi"h are $roided &nder and in a""ordan"e !ith this

Arti"%e 1P sha%% for( $art of the +roBe"t and the $roisions of this A'ree(ent sha%%

a$$%y (&tatis (&tandis to s&"h !or>s or seri"es.

.><9 Pr%ce*ure )%r Can"e %) Sc%!e

1P.2.1 In the eent of the A&thority deter(inin' that a /han'e of S"o$e is ne"essary,

it sha%% iss&e to the /on"essionaire a noti"e s$e"ifyin' in reasona4%e detai% the

!or>s and seri"es "onte($%ated there&nder the 1Can"e %) Sc%!e N%tice2).

1P.2.2 L$on re"ei$t of a /han'e of S"o$e Noti"e, the /on"essionaire sha%%, !ith d&edi%i'en"e, $roide to the

A&thority s&"h infor(ation as is ne"essary, to'ether !ith $re%i(inary-o"&(entation in s&$$ort of=

a) the i($a"t, if any, !hi"h the /han'e of S"o$e is %i>e%y to hae on the

+roBe"t /o($%etion S"hed&%e if the !or>s or seri"es are re7&ired to 4e

"arried o&t d&rin' the /onstr&"tion +eriodJ and

4) the o$tions for i($%e(entin' the $ro$osed /han'e of S"o$e and the ee"t,

if any, ea"h s&"h o$tion !o&%d hae on the "osts and ti(e thereof,

in"%&din' a detai%ed 4rea>do!n 4y !or> "%assi5"ations s$e"ifyin' the

(ateria% and %a4o&r "osts "a%"&%ated in a""ordan"e !ith the s"hed&%e of

rates a$$%i"a4%e to the !or>s assi'ned 4y the A&thority to its "ontra"tors,

a%on' !ith the $ro$osed $re(i&(dis"o&nt on s&"h ratesJ $roided that the

"ost in"&rred 4y the /on"essionaire in $roidin' s&"h infor(ation sha%% 4e

rei(4&rsed 4y the A&thority to the e#tent s&"h "ost is "erti5ed 4y the

Inde$endent En'ineer as reasona4%e.

1P.2. L$on re"ei$t of infor(ation set forth in /%a&se 1P.2.2, if the A&thority de"ides to

$ro"eed !ith the /han'e of S"o$e, it sha%% "oney its $referred o$tion to the

/on"essionaire, and the +arties sha%%, !ith assistan"e of the A&thority En'ineer,

there&$on (a>e 'ood faith efforts to a'ree &$on the ti(e and "osts for

i($%e(entation thereof. L$on rea"hin' an a'ree(ent, the A&thority sha%% iss&e an



order te 1Can"e %) Sc%!e Or*er2) re7&irin' the /on"essionaire to

$ro"eed !ith the $erfor(an"e thereof. In the eent that the +arties are &na4%e

to a'ree, the A&thority (ay, 4y iss&in' a /han'e of S"o$e *rder, re7&ire the

/on"essionaire to $ro"eed !ith the $erfor(an"e thereof $endin' reso%&tion of the

-is$&te, or "arry o&t the !or>s in a""ordan"e !ith /%a&se 1P..



1P.2. The $roisions of this A'ree(ent, insofar as they re%ate to /onstr&"tion or>s

and Tests, sha%% a$$%y (&tatis (&tandis to the !or>s &nderta>en 4y the

/on"essionaire &nder this Arti"%e 1P.

.><: Pa$&ent )%r Can"e %) Sc%!e

ithin O seen) days of iss&in' a /han'e of S"o$e *rder, the A&thority sha%%

(a>e an adan"e $ay(ent to the /on"essionaire in a s&( e7&a% to 20Q t!enty

$er "ent) of the "ost of /han'e of S"o$e as a'reed here&nder, and in the eent of

a -is$&te, 20Q t!enty $er "ent) of the "ost assessed 4y the A&thority En'ineer.

The /on"essionaire sha%%, after "o((en"e(ent of !or>, $resent to the A&thority

4i%%s for $ay(ent in res$e"t of the !or>s in $ro'ress or "o($%eted !or>s, as the

"ase (ay 4e, s&$$orted 4y s&"h -o"&(entation as is reasona4%y s&f5"ient for the

A&thority to deter(ine the a""&ra"y thereof. ithin 0 thirty) days of re"ei$t of

s&"h 4i%%s, the A&thority sha%% dis4&rse to the /on"essionaire s&"h a(o&nts as are

"erti5ed 4y the A&thority En'ineer as reasona4%e and after (a>in' a $ro$ortionate

ded&"tion for the adan"e $ay(ent (ade here&nder, and in the eent of any

-is$&te, 5na% adB&st(ents thereto sha%% 4e (ade &nder and in a""ordan"e !ith the

-is$&te Reso%&tion +ro"ed&re.

.><; Restricti%ns %n certain #%r8s

1P..1 Not!ithstandin' anythin' to the "ontrary "ontained in this Arti"%e 1P, 4&t s&4Be"t

to the $roisions of /%a&se 1P..2, the A&thority sha%% not re7&ire the

/on"essionaire to &nderta>e any !or>s or seri"es if s&"h !or>s or seri"es are

%i>e%y to de%ay "o($%etion of the +roBe"t 4y the S"hed&%ed /o($%etion -ateJ

$roided that in the eent that the A&thority "onsiders s&"h !or>s or seri"es to

4e essentia%, it (ay iss&e a /han'e of S"o$e *rder, s&4Be"t to the "ondition that

the !or>s for(in' $art of or ae"ted 4y s&"h /han'e of S"o$e *rder sha%% not 4e

re">oned for $&r$oses of deter(inin' "o($%etion of the +roBe"t and iss&in' the+roisiona% /erti5"ate.

1P..2 Not!ithstandin' anythin' to the "ontrary "ontained in this Arti"%e 1P, the

/on"essionaire sha%% 4e entit%ed to n&%%ify any /han'e of S"o$e *rder if it

"a&ses the "&(&%atie "osts re%atin' to a%% the /han'e of S"o$e *rders to

e#"eed 10Q ten $er "ent) of the 6id +roBe"t /ost in any "ontin&o&s $eriod of

three) years i((ediate%y $re"edin' the date of s&"h /han'e of S"o$e *rder or

if s&"h "&(&%atie "osts e#"eed 2Q t!enty 5e $er "ent) of the 6id +roBe"t /ost

at any ti(e d&rin' the /on"ession +eriod.

.><= P%#er %) te Aut%rit$ t% un*erta8e #%r8s

1P..1 Not!ithstandin' anythin' to the "ontrary "ontained in /%a&ses 1P.1.1 and

1P., the A&thority (ay, after 'iin' noti"e to the /on"essionaire and

"onsiderin' its re$%y thereto, a!ard any !or>s or seri"es, "onte($%ated

&nder /%a&se 1P.1.1, to any $erson on the 4asis of o$en "o($etitie 4iddin'J

$roided that the /on"essionaire sha%% hae the o$tion of (at"hin' the 5rst

ran>ed 4id in ter(s of the se%e"tion "riteria, s&4Be"t to $ay(ent of 2Q t!o $er

"ent) of the 4id a(o&nt to the A&thority, and there&$on se"&rin' the a!ard of

s&"h !or>s or seri"es. @or the aoidan"e of do&4t, it is a'reed that the

/on"essionaire sha%% 4e entit%ed to e#er"ise s&"h o$tion on%y if it has $arti"i$ated

in the 4iddin' $ro"ess and its 4id does not e#"eed the 5rst ran>ed 4id 4y (ore

than 10Q ten $er "ent) thereof. It is a%so a'reed that the /on"essionaire sha%%$roide a""ess, assistan"e and "oo$eration to the $erson !ho &nderta>es the

!or>s or seri"es here&nder.

1P..2 The !or>s &nderta>en in a""ordan"e !ith this /%a&se 1P. sha%% "onfor( tothe S$e"i5"ations and



Standards and sha%% 4e "arried o&t in a (anner that (ini(i;es disr&$tion ino$eration of the +roBe"t.

The A&thority sha%% transfer OQ seenty fie $er "ent) of the a(o&nt so re"eied to the 5rstran>ed 4idder !hose 4id sh a%% h ae 4e en (at "h ed 4 y th e /on "e ssion air e.



46

The $roisions of this A'ree(ent, insofar as they re%ate to /onstr&"tion or>s and

Tests, sha%% a$$%y (&tatis (&tandis to the !or>s "arried o&t &nder this /%a&se

1P..

.><> Re*ucti%n in Sc%!e %) te Pr%+ect

1P.P.1 If the /on"essionaire sha%% hae fai%ed to "o($%ete any /onstr&"tion or>s

on a""o&nt of @or"e MaBe&re or for reasons attri4&ta4%e to the A&thority, the

A&thority (ay, in its dis"retion, dire"t the Inde$endent En'ineer to assess the "ii%

"ost of the red&"ed S"o$e, as $er the a$$%i"a4%e s"hed&%e of rates. *n or 4efore

a +ay(ent Mi%estone i((ediate%y s&""eedin' the date of 5na%i;ation of s&"h

Red&"tion in S"o$e, the 6id +roBe"t /ost !o&%d 4e red&"ed 4y the [11Q]10

of

the "ii% "ost of the Red&"tion in S"o$e assessed 4y the Inde$endent En'ineer.

The s&( so arried at !o&%d f&rther 4e adB&sted 4y the ratio of 6id +roBe"t /ost to

Esti(ated +roBe"t /ost and a%% $ay(ents (ade or to 4e (ade to the

/on"essionaire sha%% 4e s&ita4%y adB&sted and re"oeries, if any, sha%% 4e (ade

fro( the $ay(ent to 4e re%eased on that +ay(ent Mi%estone i((ediate%y

s&""eedin' the date of 5na%i;ation of Red&"tion in S"o$e.@or the aoidan"e of do&4t, it is a'reed that &$on the Red&"tion of S"o$e and

reision of 6id +roBe"t /ost, a%% referen"es to 6id +roBe"t /ost !o&%d (ean the

reised 6id +roBe"t /ost and a%% the $ay(ents !o&%d 4e "a%"&%ated as $er the

reised 6id +roBe"t /ost.

1P.P.2 @or deter(inin' the o4%i'ations of the /on"essionaire &nder this /%a&se 1P.P, the$roisions of /%a&ses

1P.1, 1P.2 and 1P. sha%% a$$%y (&tatis (&tandis, and &$on iss&e of /han'e of S"o$e *rder 4y the

A&thority here&nder, the /on"essionaire sha%% $ay forth!ith the s&(

s$e"ified therein.

.><@ E?ect %) Can"e in Sc%!e %n te O' C%sts

+&rs&ant to the $roisions if this Arti"%e 1P, if the /han'e in S"o$e %eads to

a red&"tion or in"rease in the %en'th of the +roBe"t road, the *M +ay(ents

as $roided in /%a&se 2.O sha%% 4e red&"ed or in"reased in $ro$ortion to

the red&"tion or in"rease in the %en'th of the +roBe"t road.



47

10 This $er"enta'e sha%% 4e the "a%"&%ated as Esti(ated +roBe"t /ost diided 4y "ii%

"onstr&"tion "ost esti(ated 4y A& th ority )X 100



ARTICLE.@

OPERATION AND'AINTENANCE

.@<. O' %bli"ati%ns %) te C%ncessi%naire

1O.1.1 -&rin' the *$eration +eriod, the /on"essionaire sha%% o$erate and (aintain the

+roBe"t in a""ordan"e !ith this A'ree(ent either 4y itse%f, or thro&'h the *M

/ontra"tor and if re7&ired, (odify, re$air or other!ise (a>e i($roe(ents to the

+roBe"t to "o($%y !ith the $roisions of this A'ree(ent, A$$%i"a4%e a!s and

A$$%i"a4%e +er(its, and "onfor( to S$e"i5"ations and Standards and Good

Ind&stry +ra"ti"e. The o4%i'ations of the /on"essionaire here&nder sha%% in"%&de=

a) +ro"&rin' and ens&rin' safe, s(ooth and &ninterr&$ted &se of the

+roBe"t, in"%&din' $reention of %oss or da(a'e thereto, d&rin' nor(a%

o$eratin' "onditionsJ4) Mini(i;in' disr&$tion in the eent of a""idents or other in"idents ae"tin'

the safety and &se of the +roBe"t 4y $roidin' a ra$id and ee"tie

res$onse and (aintainin' %iaison !ith e(er'en"y seri"es of the StateJ

") /arryin' o&t $eriodi" $reentie (aintenan"e of the +roBe"tJ

d) &nderta>in' ro&tine (aintenan"e in"%&din' $ro($t re$airs of $otho%es,

"ra">s, Boints, drains, e(4an>(ents, str&"t&res, (ar>in's, %i'htin', si'na'e

and other "ontro% dei"esJ

e) Lnderta>in' (aBor (aintenan"e s&"h as res&rfa"in', re$airs to str&"t&res,

and re$airs and ref&r4ish(ent of syste( and e7&i$(entJ

f) +reentin', !ith the assistan"e of "on"erned %a! enfor"e(ent a'en"ies, any

&na&thori;ed &se of the +roBe"tJ

') +reentin', !ith the assistan"e of the "on"erned %a!

enfor"e(ent a'en"ies, any en"roa"h(ents on, or &na&thori;ed entry to

the +roBe"tJ

h) +rote"tion of the eniron(ent and $roision of e7&i$(ent and (ateria%sthereforJ

i) o$eration and (aintenan"e of a%% "o((&ni"ation, "ontro% and

ad(inistratie syste(s ne"essary for the eV"ient o$eration of the +roBe"t

and for $roidin' safe, s(ooth and &ninterr&$ted &se of the +roBe"tJ

[B) FDelete*]

>) Maintainin' a $&4%i" re%ations &nit to interfa"e !ith and attend to

s&''estions fro( the Lsers, 'oern(ent a'en"ies, (edia and other

a'en"iesJ and

%) /o($%yin' !ith Safety Re7&ire(ents in a""ordan"e !ith Arti"%e 1.

1O.1.2 The /on"essionaire sha%% re(oe $ro($t%y fro( the +roBe"t a%% s&r$%&s

"onstr&"tion (a"hinery and (ateria%s, !aste (ateria%s in"%&din' ha;ardo&s(ateria%s and !aste !ater), r&44ish and other de4ris in"%&din', !itho&t

%i(itation, a""ident de4ris) and >ee$ the +roBe"t in a "%ean, tidy and order%y



"ondition, and in "onfor(ity !ith A$$%i"a4%e a!s, A$$%i"a4%e +er(its and Good

Ind&stry +ra"ti"e. [@or the aoidan"e of do&4t, it is a'reed that the de4ris and

(ateria% e#"aated sha%% 4e "arried to and de$osited at 9999]

1O.1. The /on"essionaire sha%% (aintain, in "onfor(ity !ith Good Ind&stry

+ra"ti"e, a%% stret"hes of a$$roa"h roads.



.@<9 'aintenance Re4uire&ents

The /on"essionaire sha%% $ro"&re that at a%% ti(es d&rin' the *$eration +eriodJ

the +roBe"t "onfor(s to the (aintenan"e re7&ire(ents set forth in S"hed&%e<Y the

1'aintenance Re4uire&ents2).

.@<: 'aintenance 'anual

1O..1 No %ater than 0 ninety) days $rior to the S"hed&%ed /o($%etion -ate, the

/on"essionaire sha%%, in "ons&%tation !ith the Inde$endent En'ineer, eo%e a

re$air and (aintenan"e (an&a% the 1'aintenance 'anual2) for the re'&%ar

and $reentie (aintenan"e of the +roBe"t in "onfor(ity !ith the S$e"i5"ations

and Standards, Maintenan"e Re7&ire(ents, Safety Re7&ire(ents and Good

Ind&stry +ra"ti"e, and sha%% $roide fie) "o$ies thereof to the A&thority and 2

t!o) "o$ies to the Inde$endent En'ineer. The Maintenan"e Man&a% sha%% 4e

reised and &$dated on"e eery three) years and the $roisions of this /%a&se

sha%% a$$%y, (&tatis (&tandis, to s&"h reision.1O..2 itho&t $reB&di"e to the $roision of /%a&se 1O..1, the Maintenan"e Man&a%

sha%%, in $arti"&%ar, in"%&de $roisions for (aintenan"e of +roBe"t Assets and sha%%

$roide for %ife "y"%e (aintenan"e, ro&tine (aintenan"e and rea"tie (aintenan"e

!hi"h (ay 4e reasona4%y ne"essary for (aintenan"e and re$air of The +roBe"t

Assets, in"%&din' re$%a"e(ent thereof, s&"h that their oera%% "ondition "onfor(s

to Good Ind&stry +ra"ti"e.

.@<; 'aintenance Pr%"ra&

1O..1 *n or 4efore /*- and no %ater than forty fie) days $rior to the 4e'innin' of

ea"h A""o&ntin' Zear d&rin' the *$eration +eriod, as the "ase (ay 4e, the

/on"essionaire sha%% $roide to the A&thority and the Inde$endent En'ineer, its

$ro$osed ann&a% $ro'ra( of $reentie, &r'ent and other s"hed&%ed

(aintenan"e the 1'aintenance Pr%"ra&2) to "o($%y !ith the

Maintenan"e Re7&ire(ents, Maintenan"e Man&a% and Safety Re7&ire(ents. S&"h

Maintenan"e +ro'ra( sha%% in"%&de=

a) $reentie (aintenan"e s"hed&%eJ

4) arran'e(ents and $ro"ed&res for "arryin' o&t

&r'ent re$airsJ ") /riteria to 4e ado$ted for

de"idin' (aintenan"e needsJ

d) Intera%s and $ro"ed&res for "arryin' o&t ins$e"tion of a%% e%e(ents of the+roBe"tJ

e) Intera%s at !hi"h the /on"essionaire sha%% "arry o&t

$eriodi" (aintenan"eJ f) Arran'e(ents and $ro"ed&res for

"arryin' o&t safety re%ated (eas&resJ and ') Intera%s for

(aBor (aintenan"e !or>s and the s"o$e thereof.

1O..2 ithin 1 5fteen) days of re"ei$t of the Maintenan"e +ro'ra(, the

Inde$endent En'ineer sha%% reie! the sa(e and "oney its "o((ents to the

/on"essionaire !ith $arti"&%ar referen"e to its "onfor(ity !ith the Maintenan"e

Re7&ire(ents, Maintenan"e Man&a% and Safety Re7&ire(ents.



1O.. The /on"essionaire (ay (odify the Maintenan"e +ro'ra( as (ay 4e reasona4%e

in the "ir"&(stan"es, and the $ro"ed&re s$e"ified in /%a&ses 1O..1 and 1O..2

sha%% a$$%y (&tatis (&tandis to s&"h (odifi"ations.

.@<= Sa)et$- brea8*%#ns an* acci*ents



1O..1 The /on"essionaire sha%% ens&re safe "onditions for the Lsers, and in the eent

of &nsafe "onditions, "%os&res, diersions, 4rea>do!ns and a""idents, it sha%%

fo%%o! the re%eant o$eratin' $ro"ed&res in"%&din' the settin' &$ of te($orary

i'hts and re(oa% of o4str&"tion and de4ris !itho&t de%ay. S&"h $ro"ed&res

sha%% "onfor( to the $roisions of this A'ree(ent, A$$%i"a4%e a!s,

A$$%i"a4%e +er(its and Good Ind&stry +ra"ti"e.

1O..2 The /on"essionaireKs res$onsi4i%ity for res"&e o$erations on the +roBe"t sha%% 4e

%i(ited to an initia% res$onse to any $arti"&%ar in"ident &nti% s&"h ti(e as the

"o($etent a&thority ta>es "har'e and sha%% in"%&de $ro($t re(oa% of ehi"%es

or de4ris or any other o4str&"tion, !hi"h (ay endan'er or interr&$t the &se

of the +roBe"t. [@or this $&r$ose, it sha%% (aintain and o$erate a ro&nd<the<"%o">

res"&e $ost !ith e7&i$(ent in a""ordan"e !ith Good Ind&stry +ra"ti"e.]

.@<> De/c%&&issi%nin" *ue t% E&er"enc$

1O.P.1 If, in the reasona4%e o$inion of the /on"essionaire, there e#ists an E(er'en"y

!hi"h !arrants de< "o((issionin' and "%os&re of the !ho%e or any $art of the

+roBe"t, the /on"essionaire sha%% 4e entit%ed to de<"o((ission and "%ose the!ho%e or any $art of the +roBe"t for so %on' as s&"h E(er'en"y and the

"onse7&en"es thereof !arrantJ $roided that s&"h de<"o((issionin' and

$arti"&%ars thereof sha%% 4e noti5ed 4y the /on"essionaire to the A&thority itho&t

any de%ay, and the /on"essionaire sha%% di%i'ent%y "arry o&t and a4ide 4y any

reasona4%e dire"tions that the A&thority (ay 'ie for dea%in' !ith s&"h

E(er'en"y.

1O.P.2 The /on"essionaire sha%% re<"o((ission the +roBe"t or the affe"ted $art

thereof as 7&i">%y as $ra"ti"a4%e after the "ir"&(stan"es %eadin' to its de<

"o((issionin' and "%os&re hae "eased to e#ist or hae so a4ated as to ena4%e

the /on"essionaire to re<"o((ission the +roBe"t and sha%% notify the A&thority of the sa(e !itho&t any de%ay.

1O.P. Any de"o((issionin' or "%os&re of any $art of the +roBe"t and the re<

"o((issionin' thereof sha%%, as soon as $ra"ti"a4%e, 4e 4ro&'ht to the noti"e of

ae"ted $ersons 4y (eans of $&4%i" anno&n"e(entsnoti"e.

.@<@ Pr%+ect cl%sure

1O.O.1 Sae and e#"e$t as $roided in /%a&se 1O.P, the /on"essionaire sha%% not "%ose

any $art of the +roBe"t for &nderta>in' (aintenan"e or re$air !or>s not for(in'

$art of the Maintenan"e +ro'ra(, e#"e$t !ith the $rior !ritten a$$roa% of the

Inde$endent En'ineer. S&"h a$$roa% sha%% 4e so&'ht 4y the /on"essionairethro&'h a !ritten re7&est to 4e (ade to the Inde$endent En'ineer, and a

"o$y thereof f&rnished to the A&thority, at %east O seen) days 4efore the

$ro$osed "%os&re and sha%% 4e a""o($anied 4y $arti"&%ars thereof. ithin three)

days of re"eiin' s&"h re7&est, the Inde$endent En'ineer sha%% 'rant $er(ission

!ith s&"h (odifi"ations as it (ay dee( reasona4%e and ne"essary in "onfor(ity

!ith the Maintenan"e Man&a% and Maintenan"e +ro'ra( and a "o$y of s&"h

$er(ission sha%% 4e sent to the A&thority.

1O.O.2 The $roisions of /%a&se 1O.O.1 sha%% not a$$%y to de<"o((issionin' &nder

/%a&se 1O.P.1 or to any "%os&re for a $eriod not e#"eedin' 2 t!o) ho&rs in a day

at any ti(e of the day and P si#) ho&rs in a day at a ti(e s$e"i5ed 4y the

Inde$endent En'ineer as off<$ea> ho&rs !hen &sa'e of the +roBe"t is"o($aratie%y %o!er.



1O.O. L$on re"eiin' the $er(ission $&rs&ant to /%a&se 1O.O.1, the /on"essionaire

sha%% 4e entit%ed to "%ose the desi'nated $art of the +roBe"t for the $eriod s$e"i5ed

therein, and in the eent of any de%ay in re< o$enin' s&"h $art, the /on"essionaire

sha%% $ay -a(a'es to the A&thority "a%"&%ated at the rate of 0.

Q ;ero $oint @ie $er "ent) of the +erfor(an"e Se"&rity, for ea"h day of de%ay&nti% that $art of the

+roBe"t has 4een re<o$ened for &se.



.@< Da&a"es )%r breac %) &aintenance %bli"ati%ns

1O..1 In the eent that the /on"essionaire fai%s to re$air or re"tify any defe"t or

de5"ien"y set forth in the Maintenan"e Re7&ire(ents !ithin the $eriod s$e"ified

therein, it sha%% 4e dee(ed to 4e in 4rea"h of this A'ree(ent and the A&thoritysha%% 4e entit%ed to re"oer -a(a'es, to 4e "a%"&%ated and $aid for ea"h day of

de%ay &nti% the 4rea"h is "&red, at the hi'her of a) 2Q t!o $er "ent) of the

+erfor(an"e Se"&rity, and 4) 0.1Q ;ero $oint one $er "ent) of the "ost of s&"h

re$air or re"ti5"ation as esti(ated 4y the Inde$endent En'ineer. Re"oery of

s&"h -a(a'es sha%% 4e !itho&t $reB&di"e to the ri'hts of the A&thority &nder this

A'ree(ent, in"%&din' the ri'ht of Ter(ination thereof.

1O..2 The -a(a'es set forth in /%a&se 1O..1 (ay 4e assessed and s$e"i5ed forth!ith

4y the Inde$endent En'ineerJ $roided that the A&thority (ay, in its dis"retion,

de(and a s(a%%er s&( as -a(a'es, if in its o$inion, the 4rea"h has 4een "&red

$ro($t%y and the /on"essionaire is other!ise in "o($%ian"e !ith its o4%i'ations

here&nder. The /on"essionaire sha%% $ay s&"h -a(a'es forth!ith and in the eentthat it "ontests s&"h -a(a'es, the -is$&te Reso%&tion +ro"ed&re sha%% a$$%y.

.@< Aut%rit$s ri"t t% ta8e re&e*ial &easures

1O..1 In the eent the /on"essionaire does not (aintain andor re$air the +roBe"t or

any $art thereof in "onfor(ity !ith the Maintenan"e Re7&ire(ents, the

Maintenan"e Man&a% or the Maintenan"e +ro'ra(, as the "ase (ay 4e, and fai%s to

"o((en"e re(edia% !or>s !ithin 1 5fteen) days of re"ei$t of the *M

Ins$e"tion Re$ort or a noti"e in this 4eha%f fro( the A&thority or the Inde$endent

En'ineer, as the "ase (ay 4e, the A&thority sha%%, !itho&t $reB&di"e to its ri'hts

&nder this A'ree(ent in"%&din' Ter(ination thereof, 4e entit%ed to &nderta>e s&"h

re(edia% (eas&res at the ris> and "ost of the /on"essionaire, and to re"oer its

"ost fro( the /on"essionaire. In addition to re"oery of the aforesaid "ost, a s&(

e7&a% to 20Q t!enty $er "ent) of s&"h "ost sha%% 4e $aid 4y the /on"essionaire

to the A&thority as -a(a'es. @or the aoidan"e of do&4t, the ri'ht of the

A&thority &nder this /%a&se

1O..1 sha%% 4e !itho&t $reB&di"e to its ri'hts and re(edies $roided &nder /%a&se1O..

1O..2 The A&thority sha%% hae the ri'ht, and the /on"essionaire here4y e#$ress%y

'rants to the A&thority the ri'ht, to re"oer the "osts and -a(a'es s$e"ified

in /%a&se 1O..1 dire"t%y fro( the Es"ro! A""o&nt as if s&"h "osts and -a(a'es

!ere *M E#$enses, and for that $&r$ose, the /on"essionaire here4y a'rees to'ie irreo"a4%e instr&"tions to the Es"ro! 6an> to (a>e $ay(ent fro( the

Es"ro! A""o&nt in a""ordan"e !ith the instr&"tions of the A&thority &nder this

/%a&se 1O..2 and de4it the sa(e to *M E#$enses.

.@<.0 Overri*in" !%#ers %) te Aut%rit$

1O.10.1 If in the reasona4%e o$inion of the A&thority, the /on"essionaire is in (ateria%

4rea"h of its o4%i'ations &nder this A'ree(ent and, in $arti"&%ar, the Maintenan"e

Re7&ire(ents, and s&"h 4rea"h is "a&sin' or %i>e%y to "a&se (ateria% hardshi$ or

dan'er to the Lsers, the A&thority (ay, !itho&t $reB&di"e to any of its ri'hts

&nder this A'ree(ent in"%&din' Ter(ination thereof, 4y noti"e re7&ire the

/on"essionaire to ta>e reasona4%e (eas&res i((ediate%y for re"tifyin' or

re(oin' s&"h hardshi$ or dan'er, as the "ase (ay 4e.



1O.10.2 In the eent that the /on"essionaire, &$on noti"e &nder /%a&se 1O.10.1, fai%s to

re"tify or re(oe any hardshi$ or dan'er !ithin a reasona4%e $eriod, the

A&thority (ay e#er"ise oerridin' $o!ers &nder this /%a&se 1O.10.2 and ta>e

oer the $erfor(an"e of any or a%% the o4%i'ations of the /on"essionaire to the

e#tent dee(ed ne"essary 4y it for re"tifyin' or re(oin' s&"h hardshi$ or

dan'erJ $roided that the e#er"ise of s&"h oerridin' $o!ers 4y the A&thority

sha%% 4e of no 'reater s"o$e and of no %on'er d&ration than is reasona4%y re7&ired

here&nderJ $roided f&rther that any "osts and e#$enses



in"&rred 4y the A&thority in dis"har'e of its o4%i'ations here&nder sha%% 4e dee(ed

to 4e *M E#$enses, and the A&thority sha%% 4e entit%ed to re"oer the( fro( the

/on"essionaire in a""ordan"e !ith the $roisions of /%a&se 1O. a%on' !ith the

-a(a'es s$e"ified therein.

1O.10. In the eent of a nationa% e(er'en"y, "ii% "o((otion or any other a"t

s$e"i5ed in /%a&se 2., the A&thority (ay ta>e oer the $erfor(an"e of any ora%% the o4%i'ations of the /on"essionaire to the e#tent dee(ed ne"essary 4y it,

and e#er"ise s&"h "ontro% oer the +roBe"t or 'ie s&"h dire"tions to the

/on"essionaire as (ay 4e dee(ed ne"essaryJ $roided that the e#er"ise of

s&"h oerridin' $o!ers 4y the A&thority sha%% 4e of no 'reater s"o$e and of no

%on'er d&ration than is reasona4%y re7&ired in the "ir"&(stan"es !hi"h "a&sed

the e#er"ise of s&"h oerridin' $o!er 4y the A&thority. @or the aoidan"e of

do&4t, it is a'reed that the "onse7&en"es of s&"h a"tion sha%% 4e dea%t in

a""ordan"e !ith the $roisions of Arti"%e 2. It is a%so a'reed that the

/on"essionaire sha%% "o($%y !ith s&"h instr&"tions as the A&thority (ay iss&e in

$&rs&an"e of the $roisions of this /%a&se 1O.10, and sha%% $roide assistan"e and

"oo$eration to the A&thority, on a 4est effort 4asis, for $erfor(an"e of itso4%i'ations here&nder.

.@<.. Rest%rati%n %) l%ss %r *a&a"e t% te Pr%+ect

Sae and e#"e$t as other!ise e#$ress%y $roided in this A'ree(ent, in the eent

that the +roBe"t or any $art thereof s&ffers any %oss or da(a'e d&rin' the

/on"ession +eriod fro( any "a&se !hatsoeer, the /on"essionaire sha%%, at its "ost

and e#$ense, re"tify and re(edy s&"h %oss or da(a'e forth!ith so that the +roBe"t

"onfor(s to the $roisions of this A'ree(ent.

.@<.9 '%*i)icati%ns t% te Pr%+ect

The /on"essionaire sha%% not "arry o&t any (ateria% (odifi"ations to the

+roBe"t, sae and e#"e$t !here s&"h (odifi"ations are ne"essary for the

+roBe"t to o$erate in "onfor(ity !ith the S$e"i5"ations and Standards,

Maintenan"e Re7&ire(ents, Good Ind&stry +ra"ti"e and A$$%i"a4%e a!sJ

$roided that the /on"essionaire sha%% notify the Inde$endent En'ineer of the

$ro$osed (odifi"ations a%on' !ith $arti"&%ars thereof at %east 1 5fteen) days

4efore "o((en"in' !or> on s&"h (odifi"ations and sha%% reasona4%y "onsider any

s&''estions that the Inde$endent En'ineer (ay (a>e !ithin 1 5fteen) days of

re"eiin' the /on"essionaireKs $ro$osa%. @or the aoidan"e of do&4t, a%%

(odifi"ations (ade here&nder sha%% "o($%y !ith the Safety Re7&ire(ents,

S$e"i5"ations and Standards, A$$%i"a4%e a!s and the $roisions of this

A'ree(ent.

.@<.: Ecuse )r%& !er)%r&ance %) %bli"ati%ns

The /on"essionaire sha%% not 4e "onsidered in 4rea"h of its o4%i'ations &nder

this A'ree(ent if any $art of the +roBe"t is not aai%a4%e to Lsers on a""o&nt of

any of the fo%%o!in' for the d&ration thereof=

a) an eent of @or"eMaBe&reJ

4) (eas&res ta>en to ens&re the safe &se of the +roBe"t e#"e$t !hen &nsafe

"onditions o""&rred 4e"a&se of fai%&re of the /on"essionaire to $erfor( itso4%i'ations &nder this A'ree(entJ or



") "o($%ian"e !ith a re7&est fro( the A&thority or the dire"tionsof any Goern(ent

Instr&(enta%ity, the ee"t of !hi"h is to "%ose a%% or any $art of the +roBe"t=

+roided, that any s&"h non<aai%a4i%ity and $arti"&%ars thereof sha%% 4e noti5ed 4y

the /on"essionaire to the A&thority and the Inde$endent En'ineer !itho&t any

de%ayJ

+roided f&rther that the /on"essionaire sha%% >ee$ a%% &nae"ted $arts of the

+roBe"t o$en to Lsers, $roided they "an 4e o$erated safe%y.



.@<.; Delete*

.@<.= Installati%n an* %!erati%n %) CCTV

The /on"essionaire sha%% insta%% and o$erate a "%osed "ir"&it te%eision syste( to

(onitor s&"h $arts of the +roBe"t as (ay 4e ne"essary and e#$edient for a safe,

se"&re and s(ooth o$eration thereof..@<.> A*vertisin" %n te Site

The /on"essionaire sha%% not &nderta>e or $er(it any for( of "o((er"ia%

adertisin', dis$%ay or hoardin' at any $%a"e on the Site.



.<. Sa)et$Re4uire&ents

ARTICLE.

SA6ETY RE5UIRE'ENTS

1.1.1 The /on"essionaire sha%% "o($%y !ith the $roisions of this A'ree(ent,

A$$%i"a4%e a!s and A$$%i"a4%e +er(its and "onfor( to Good Ind&stry +ra"ti"e

for se"&rin' the safety of the Lsers. In $arti"&%ar, the /on"essionaire sha%%

dee%o$, i($%e(ent and ad(inister a s&rei%%an"e and safety $ro'ra( for

$roidin' a safe eniron(ent on or a4o&t the +roBe"t, and sha%% "o($%y !ith the

safety re7&ire(ents set forth in S"hed&%e< the 1Sa)et$ Re4uire&ents2).

1.1.2 The A&thority sha%% a$$oint an e#$erien"ed and 7&a%i5ed 5r( or

or'ani;ation the 1Sa)et$ C%nsultant2) for "arryin' o&t safety a&dit of the

+roBe"t in a""ordan"e !ith the Safety Re7&ire(ents, and sha%% ta>e a%% other

a"tions ne"essary for se"&rin' "o($%ian"e !ith the Safety Re7&ire(ents.

.<9 E!en*iture %n Sa)et$ Re4uire&ents

A%% "osts and e#$enses arisin' o&t of or re%atin' to Safety Re7&ire(ents sha%% 4e

4orne 4y the /on"essionaire to the e#tent s&"h "osts and e#$enses for( $art of

the !or>s and seri"es in"%&ded in the S"o$e of the +roBe"t, and !or>s and

seri"es, if any, not for(in' $art of the S"o$e of the +roBe"t sha%% 4e &nderta>en

and f&nded in a""ordan"e !ith the $roisions of Arti"%e 1P.



ARTICLE.

'ONITORIN( O6 OPERATION AND'AINTENANCE

.<. '%ntl$ status re!%rts

1.1.1 -&rin' the *$eration +eriod, the /on"essionaire sha%%, no %ater than O seen)

days after the "%ose of ea"h (onth, f&rnish to the A&thority and the Inde$endent

En'ineer a (onth%y re$ort statin' in reasona4%e detai% the "ondition of the +roBe"t

in"%&din' its "o($%ian"e or other!ise !ith the Maintenan"e Re7&ire(ents,

Maintenan"e Man&a%, Maintenan"e +ro'ra( and Safety Re7&ire(ents, and sha%%

$ro($t%y 'ie s&"h other re%eant infor(ation as (ay 4e re7&ired 4y the

Inde$endent En'ineer or the A&thority. In $arti"&%ar, s&"h re$ort sha%% se$arate%y

identify and state in reasona4%e detai% the defe"ts and defi"ien"ies that re7&ire

re"ti5"ation.

1.1.2 -&rin' the *$eration +eriod, the /on"essionaire sha%%, no %ater than 10 ten)

days after the "%ose of ea"h (onth, f&rnish a (onth%y (ana'e(ent re$ort !hi"h

sha%% in"%&de a s&((ary of=

a) >ey $erfor(an"e indi"ators a"hieed in the (onth, a%on' !ith an

ana%ysis of reasons for fai%&res, if any, and $ro$osa%s to re(edy the sa(eJ

4) >ey o$erationa% h&rd%es and de%iera4%es in the s&""eedin' (onth a%on'!ith strate'ies for

addressin' the sa(e and for other!ise i($roin' the +roBe"tKs o$erationa%$erfor(an"eJ and

") >ey 5nan"ia% $ara(eters for the (onth, as 4en"h(ar>ed a'ainst the

(onth%y 4&d'et and the reasons for shortfa%%, if any, and $ro$osa%s to

re(edy the sa(e.

.<9 Ins!ecti%n

The Inde$endent En'ineer sha%% ins$e"t the +roBe"t at %east on"e a (onth. It

sha%% (a>e a re$ort of s&"h ins$e"tion the 1O' Ins!ecti%n Re!%rt2)

statin' in reasona4%e detai% the defe"ts or de5"ien"ies, if any, !ith $arti"&%ar

referen"e to the Maintenan"e Re7&ire(ents, Maintenan"e Man&a%, the

Maintenan"e +ro'ra( and Safety Re7&ire(ents, and send a "o$y thereof to

the A&thority and the /on"essionaire !ithin O seen) days of s&"h ins$e"tion.

.<: Tests

@or deter(inin' that the +roBe"t "onfor(s to the Maintenan"e Re7&ire(ents, the

Inde$endent En'ineer sha%% re7&ire the /on"essionaire to "arry o&t, or "a&se to

4e "arried o&t, tests s$e"i5ed 4y it in a""ordan"e !ith Good Ind&stry +ra"ti"e. The

/on"essionaire sha%%, !ith d&e di%i'en"e, "arry o&t or "a&se to 4e "arried o&t a%%

s&"h tests in a""ordan"e !ith the instr&"tions of the Inde$endent En'ineer and

f&rnish the res&%ts of s&"h tests forth!ith to the Inde$endent En'ineer. *ne ha%f of

the "osts in"&rred on s&"h tests, and to the e#tent "ertified 4y the Inde$endent

En'ineer as reasona4%e, sha%% 4e rei(4&rsed 4y the A&thority to the

/on"essionaire.

.<; Re&e*ial &easures

1..1 The /on"essionaire sha%% re$air or re"tify the defe"ts or defi"ien"ies, if any, set

forth in the *M Ins$e"tion Re$ort or in the test res&%ts referred to in /%a&se and

f&rnish a re$ort in res$e"t thereof to the Inde$endent En'ineer and the A&thority



!ithin 1 5fteen) days of re"eiin' the *M Ins$e"tion Re$ort or the test res&%ts,

as the "ase (ay 4eJ $roided that !here the re(edyin' of s&"h defe"ts or

de5"ien"ies is %i>e%y to ta>e (ore than 1 5fteen) days, the /on"essionaire sha%%

s&4(it $ro'ress re$orts of the re$air !or>s on"e eery !ee> &nti% s&"h !or>s are

"o($%eted in "onfor(ity !ith this A'ree(ent.



1..2 The Inde$endent En'ineer sha%% re7&ire the /on"essionaire to "arry o&t or

"a&se to 4e "arried o&t tests, at its o!n "ost, to deter(ine that s&"h re(edia%

(eas&res hae 4ro&'ht the +roBe"t into "o($%ian"e !ith the Maintenan"e

Re7&ire(ents and the $ro"ed&re set forth in this /%a&se 1. sha%% 4e re$eated

&nti% the +roBe"t "onfor(s to the Maintenan"e Re7&ire(ents. In the eent that

re(edia% (eas&res are not "o($%eted 4y the /on"essionaire in "onfor(ity

!ith the $roisions of this A'ree(ent, the A&thority sha%% 4e entit%ed to re"oer-a(a'es fro( the /on"essionaire &nder and in a""ordan"e !ith the $roisions of

/%a&se 1O..

.<= Re!%rts %) unusual%ccurrence

The /on"essionaire sha%%, $rior to the "%ose of ea"h day, send to the A&thority and

the Inde$endent En'ineer, 4y fa"si(i%e or e<(ai%, a re$ort statin' a""idents and

&n&s&a% o""&rren"es on the +roBe"t re%atin' to the safety and se"&rity of the

Lsers and the +roBe"t. A !ee>%y and (onth%y s&((ary of s&"h re$orts sha%% a%so

4e sent !ithin three) days of the "%osin' of ea"h !ee> and (onth, as the

"ase (ay 4e. @or the $&r$oses of this /%a&se 1., a""idents and &n&s&a%

o""&rren"es on the +roBe"t sha%% in"%&de=

a) -eath or inB&ry to any$ersonJ

4) -a(a'ed or dis%od'ed 5#ede7&i$(entJ

") Any da(a'e or o4str&"tion on the +roBe"t, !hi"h res&%ts in s%o! do!n of

the seri"es 4ein' $roided 4y the /on"essionaireJ

d) -isa4%e(ent of any e7&i$(entd&rin' o$erationJ

e) /o((&ni"ation fai%&re ae"tin' the o$eration

of the +roBe"tJ f) S(o>e or 5reJ

') @%oodin' of the+roBe"tJ and

h) S&"h other re%eant infor(ation as (ay 4e re7&ired 4y the A&thorityor the Inde$endent

En'inee

r.



ARTICLE90

RE(ULATION AND

'ANA(E'ENT..

90<. Tra))ic re"ulati%n b$ te C%ncessi%naire

The /on"essionaire sha%% re'&%ate trai" on the +roBe"t in a""ordan"e !ith

A$$%i"a4%e a!s, and s&4Be"t to the s&$erision and "ontro% of the State

a&thorities [or a s&4stit&te thereof] e($o!ered in this 4eha%f &nder A$$%i"a4%e

a!s.

90<9 P%lice assistance

@or re'&%atin' the &se of +roBe"t in a""ordan"e !ith A$$%i"a4%e a!s and

this A'ree(ent, the A&thority sha%% assist the /on"essionaire in $ro"&rin' $o%i"eassistan"e fro( the State +o%i"e -e$art(ent [or a s&4stit&te thereof]. The $o%i"e

assistan"e sha%% in"%&de settin' &$ of a trai" aid $ost the 1Tra))ic Ai* P%st2) [at

ea"h of the To%% +%a;as !ith a (o4i%e +o%i"e s7&ad for ro&nd<the<"%o"> $atro%%in' of

the +roBe"t].

90<: Buil*in"s )%r Tra?ic Ai* P%sts

The /on"essionaire sha%%, in a""ordan"e !ith the ty$e desi'ns $res"ri4ed for s&"h

$o%i"e o&t$ost 4&i%din's 4y [the State Goern(ent or a s&4stit&te thereof,

"onstr&"t at its o!n "ost and e#$ense, 4&i%din's not e#"eedin' 2 t!enty fie)

s7&are (etres of $%inth area, for ea"h of the TraV" Aid +osts, and hand the( oerto the A&thority no %ater than P0 si#ty) days $rior to the S"hed&%ed /o($%etion

-ate]. The TraV" Aid +ost[s] sha%% 4e dee(ed to 4e $art of the Site and sha%% est

in the A&thority.

90<; 'e*ical Ai* P%sts

@or $roidin' e(er'en"y (edi"a% aid d&rin'< the *$eration +eriod, as set forth in

this A'ree(ent, the /on"essionaire sha%% assist the State Goern(ent or a

s&4stit&te thereof to 4e desi'nated 4y the A&thority in settin' &$ and o$eratin'

a (edi"a% aid $ost the 1'e*ical Ai* P%st2) at the Site for i"ti(s of

a""idents on the +roBe"t

90<= Buil*in"s )%r 'e*ical Ai* P%sts

The /on"essionaire sha%%, at its "ost and in a""ordan"e !ith the ty$e desi'ns

$res"ri4ed for s&"h 4&i%din's 4y the State Medi"a% -e$art(ent or a s&4stit&te

thereof to 4e desi'nated 4y the A&thority), "onstr&"t an aid $ost 4&i%din' and 2

t!o) residentia% 7&arters, and hand the( oer to the A&thority, no %ater than 0

thirty) days $rior to S"hed&%ed /o($%etion -ate. The Medi"a% Aid +osts)] sha%% 4e

dee(ed to 4e $art of the Site and sha%% est in the A&thority.

90<> C%&!uter s$ste&s an* net#%r8 The /on"essionaire sha%% insta%%, o$erate and (aintain a "o($&ter syste( !ith

ro&nd<the<"%o"> "onne"tions to the net!or>s of the A&thority and other re%ated

entities for e#"han'e of data and infor(ation &sef&% or ne"essary for ei"ient and

trans$arent re'&%ation and (ana'e(ent of trai". @or this $&r$ose, it sha%%



fo%%o! s&"h $roto"o% for E%e"troni" -ata Inter"han'e the 1EDI2) as the

A&thority (ay s$e"ify.

11 This Arti"%e is a te($%ate for state hi'h!ay $roBe"ts. It (ay 4e s&4stit&ted 4y $roBe"t<s$e"i5" $roisions re%eant to the

+roBe"t



ARTICLE9.

INDEPENDENTEN(INEER Is it

In*e!en*entEn"ineer %rAut%rit$s

En"ineer K 7

9.<. A!!%int&ent %) In*e!en*ent En"ineer

The A&thority sha%% a$$oint a "ons&%tin' en'ineerin' 5r( s&4stantia%%y in

a""ordan"e !ith the se%e"tion "riteria set forth in S"hed&%e<M, to 4e the

inde$endent "ons&%tant &nder this A'ree(ent the 1In*e!en*ent En"ineer2).

The a$$oint(ent sha%% 4e (ade no %ater than P0 si#ty) days fro( the date of this

A'ree(ent and sha%% 4e for a $eriod of [ three) years]12. *n e#$iry or ter(inationof the aforesaid a$$oint(ent, the A&thority sha%% a$$oint an Inde$endent En'ineer

for a f&rther ter( of three) years in a""ordan"e !ith the $roisions of S"hed&%e<

M, and s&"h $ro"ed&re sha%% 4e re$eated after e#$iry of ea"h a$$oint(ent.

9.<9 Duties an* )uncti%ns

21.2.1 The Inde$endent En'ineer sha%% dis"har'e its d&ties and f&n"tions s&4stantia%%y

in a""ordan"e !ith the ter(s of referen"e set forth in S"hed&%e<N.

21.2.2 The Inde$endent En'ineer sha%% s&4(it re'&%ar $eriodi" re$orts at %east on"eeery (onth) to the

A&thority in res$e"t of its d&ties and f&n"tions set forthin S"hed&%e<N.

21.2. A tr&e "o$y of a%% "o((&ni"ations sent 4y the A&thority to the Inde$endent

En'ineer and 4y the Inde$endent En'ineer to the A&thority sha%% 4e sent forth!ith

4y the Inde$endent En'ineer to the /on"essionaire.

21.2. A tr&e "o$y of a%% "o((&ni"ations sent 4y the Inde$endent En'ineer to the

/on"essionaire and 4y the /on"essionaire to the Inde$endent En'ineer sha%% 4e

sent forth!ith 4y the Inde$endent En'ineer to the A&thority.

9.<: Re&unerati%n

The re(&neration, "ost and e#$enses of the Inde$endent En'ineer sha%% 4e $aid

4y the A&thority and s&4Be"t to the %i(its set forth in S"hed&%e<M, one<ha%f of

s&"h re(&neration, "ost and e#$enses sha%% 4e rei(4&rsed 4y the /on"essionaire

to the A&thority !ithin 1 5fteen) days of re"eiin' a state(ent of e#$endit&re

fro( the A&thority.

9.<; Ter&inati%n %) a!!%int&ent

21..1 The A&thority (ay, in its dis"retion, ter(inate the a$$oint(ent of the

Inde$endent En'ineer at any ti(e, 4&t on%y after a$$oint(ent of another

Inde$endent En'ineer in a""ordan"e !ith /%a&se 21.1.

21..2 If the /on"essionaire has reason to 4e%iee that the Inde$endent En'ineer is notdis"har'in' its d&ties and f&n"tions in a fair, effi"ient and di%i'ent (anner, it (ay

(a>e a !ritten re$resentation to the A&thority and see> ter(ination of the

a$$oint(ent of the Inde$endent En'ineer. L$on re"ei$t of s&"h re$resentation,

the A&thority sha%% ho%d a tri$artite (eetin' !ith the /on"essionaire and

Inde$endent En'ineer for an a(i"a4%e reso%&tion of the -is$&te, and if any



differen"e or disa'ree(ent 4et!een the A&thority and the /on"essionaire re(ains

&nreso%ed, the -is$&te sha%% 4e sett%ed in a""ordan"e !ith the -is$&te Reso%&tion

+ro"ed&re. In the eent that the a$$oint(ent of the Inde$endent En'ineer is

ter(inated here&nder, the A&thority sha%% a$$oint forth!ith another Inde$endent

En'ineer in a""ordan"e !ith /%a&se 21.1.

12 The a$$oint(ent of the Inde$endent En'ineer sha%% 4e for /onstr&"tion +eriod $%&s one year



9.<= Aut%rie* si"nat%ries

The A&thority sha%% re7&ire the Inde$endent En'ineer to desi'nate and notify to

the A&thority and the /on"essionaire &$ to 2 t!o) $ersons e($%oyed in its 5r( to

si'n for and on 4eha%f of the Inde$endent En'ineer, and any "o((&ni"ation or

do"&(ent re7&ired to 4e si'ned 4y the Inde$endent En'ineer sha%% 4e a%id and

ee"tie on%y if si'ned 4y any of the desi'nated $ersonsJ $roided that theInde$endent En'ineer (ay, 4y noti"e in !ritin', s&4stit&te any of the desi'nated

$ersons 4y any of its e($%oyees.

9.<> Dis!ute res%luti%n

If either +arty dis$&tes any adi"e, instr&"tion, de"ision, dire"tion or a!ard

of the Inde$endent En'ineer, or, as the "ase (ay 4e, the assertion or fai%&re to

assert B&risdi"tion, the -is$&te sha%% 4e reso%ed in a""ordan"e !ith the -is$&te

Reso%&tion +ro"ed&re.

9.<@ Interi& arran"e&ent

In the eent that the A&thority does not a$$oint an Inde$endent En'ineer,

or the Inde$endent En'ineer so a$$ointed has re%in7&ished its f&n"tions or

defa&%ted in dis"har'e thereof, the A&thority (ay, in the interi(, desi'nate and

a&thori;e any $erson to dis"har'e the f&n"tions of the Inde$endent En'ineer in

a""ordan"e !ith the $roisions of this A'ree(ent, sae and e#"e$t that s&"h

$erson sha%% not e#er"ise any f&n"tions re%atin' to reie!, "o((ent, a$$roa% or

ins$e"tion as s$e"ified in this A'ree(ent for and in res$e"t of the Inde$endent

En'ineer, and s&"h f&n"tions sha%% 4e dis"har'ed as and !hen an Inde$endent

En'ineer is a$$ointed in a""ordan"e !ith the $roisions of this A'ree(ent.

+roided, ho!eer, that nothin' "ontained in this /%a&se 21.O sha%% in any (anner

restri"t the ri'hts of the A&thority to enfor"e "o($%ian"e of the $roisions of thisA'ree(ent.



PartIV

6inancialC%venants



99<.6inancial Cl%se

ARTICLE99

6INANCIALCLOSE

22.1.1 The /on"essionaire here4y a'rees and &nderta>es that it sha%% a"hiee @inan"ia%

/%ose !ithin 10 one h&ndred and 5fty) days fro( the date of this A'ree(ent.

In the eent of de%ay in a"hiein' the @inan"ia% /%ose, the /on"essionaire

sha%% 4e entit%ed to a f&rther $eriod not e#"eedin' 120 one h&ndred t!enty)

days, s&4Be"t to $ay(ent of -a(a'es to the A&thority in a s&( "a%"&%ated at the

rate of 0.0Q ;ero $oint ;ero 5e $er "ent)of the +erfor(an"e Se"&rity for ea"h

day of de%ay, $roided that the -a(a'es s$e"i5ed herein sha%% 4e $aya4%e eery

!ee> in adan"e and the $eriod 4eyond the said 10 one h&ndred and 5fty) days

sha%% 4e 'ranted on%y to the e#tent of -a(a'es so $aid. In the eent of de%ay in

a"hiein' the @inan"ia% /%ose 4eyond 2O0 t!o h&ndred and seenty) days fro(

the date of this A'ree(ent, the /on"essionaire sha%% 4e entit%ed to a f&rther $eriodnot e#"eedin' ninety fie) days, s&4Be"t to $ay(ent of -a(a'es to the

A&thority in a s&( "a%"&%ated at the rate of

0.1Q ;ero $oint one $er "ent) of the +erfor(an"e Se"&rity for ea"h day of de%ay,

$roided that the -a(a'es s$e"i5ed herein sha%% 4e $aya4%e eery !ee> in

adan"e and the $eriod 4eyond the said 2O0 t!o h&ndred and seenty) days sha%%

4e 'ranted on%y to the e#tent of -a(a'es so $aidJ $roided f&rther that no

-a(a'es sha%% 4e $aya4%e if s&"h de%ay in @inan"ia% /%ose has o""&rred d&e to

@or"e MaBe&re. @or the aoidan"e of do&4t, the -a(a'es $aya4%e here&nder 4y

the /on"essionaire sha%% 4e in addition to the -a(a'es, if any, d&e and $aya4%e

&nder the $roisions of /%a&se ..

22.1.2 The /on"essionaire sha%%, &$on o""&rren"e of @inan"ia% /%ose, notify the

A&thority forth!ith, and sha%% hae $roided to the A&thority, at %east 2 t!o) days

$rior to the @inan"ia% /%ose, three) tr&e "o$ies of the @inan"ia% +a">a'e and the

@inan"ia% Mode%, d&%y attested 4y a -ire"tor of the /on"essionaire, a%on' !ith

three) soft "o$ies of the @inan"ia% Mode% in MS E#"e% ersion or any s&4stit&te

thereof, !hi"h is a""e$ta4%e to the Senior enders.

99<9 Ter&inati%n *ue t% )ailure t% acieve 6inancial Cl%se

22.2.1 Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, 4&t

s&4Be"t to /%a&se 2.P.1, in the eent that @inan"ia% /%ose does not o""&r, for any

reason !hatsoeer, !ithin the $eriod set forth in /%a&se 22.1.1 or the e#tended$eriod $roided there&nder, a%% ri'hts, $rii%e'es, "%ai(s and entit%e(ents of the

/on"essionaire &nder or arisin' o&t of this A'ree(ent sha%% 4e dee(ed to hae

4een !aied 4y, and to hae "eased !ith the "on"&rren"e of the /on"essionaire,

and the /on"ession A'ree(ent sha%% 4e dee(ed to hae 4een ter(inated 4y

(&t&a% a'ree(ent of the +arties.

22.2.2 L$on Ter(ination &nder /%a&se 22.2.1, the A&thority sha%% 4e entit%ed to en"ash

the 6id Se"&rity and a$$ro$riate the $ro"eeds thereof as -a(a'esJ $roided,

ho!eer, that if @inan"ia% /%ose has not o""&rred d&e to @or"e MaBe&re, it sha%%,

&$on Ter(ination, re%ease the 6id Se"&rity or +erfor(an"e Se"&rity, as the "ase

(ay 4e. @or the aoidan"e of do&4t, it is e#$ress%y a'reed that if the 6id Se"&ritysha%% hae 4een s&4stit&ted 4y the +erfor(an"e Se"&rity, the A&thority sha%% 4e

entit%ed to en"ash therefro( an a(o&nt e7&a% to the 6id Se"&rity.



9:<. Bi*Pr%+ect C%st

ARTICLE9:

PAY'ENT O6 BIDPROJECT COST

The +arties e#$ress%y a'ree that the "ost of "onstr&"tion of the +roBe"t, as on the

6id -ate, !hi"h is d&e and $aya4%e 4y the A&thority to the /on"essionaire, sha%%

4e dee(ed to 4e Rs…………R&$ees………….) The 1 Bi* Pr%+ect C%st 2). The

+arties f&rther a'ree that the 6id +roBe"t /ost s$e"ified hereina4oe for

$ay(ent to the /on"essionaire sha%% 4e in"%&sie of the "ost of "onstr&"tion,

interest d&rin' "onstr&"tion, !or>in' "a$ita%, $hysi"a% "ontin'en"ies and a%% other

"osts, e#$enses and "har'es for and in res$e"t of "onstr&"tion of the +roBe"t, sae

and e#"e$t any additiona% "osts arisin' on a""o&nt of ariation in +ri"e Inde#,

/han'e of S"o$e, /han'e in a!, @or"e MaBe&re or 4rea"h of this A'ree(ent,

!hi"h "osts sha%% 4e d&e and $aya4%e to the /on"essionaire in a""ordan"e !ith the

$roisions of the A'ree(ent. @or the aoidan"e of do&4t, the 6id +roBe"t /osts$e"ified herein re$resents the a(o&nt d&e and $aya4%e 4y the A&thority to the

/on"essionaire and (ay 4e %ess than, e7&a% to, or (ore than the Esti(ated

+roBe"t /ost.

9:<9 A*+uste* Bi* Pr%+ect C%st

2.2.1 The 6id +roBe"t /ost s$e"ified in /%a&se 2.1 sha%% 4e reised fro( ti(e to ti(e

in a""ordan"e !ith the $roisions of this /%a&se 2.2 to re?e"t the ariation in

+ri"e Inde# o""&rrin' after the Referen"e Inde# -ate i((ediate%y $re"edin' the

6id -ate.

2.2.2 The 6id +roBe"t /ost adB&sted for ariation 4et!een the +ri"e Inde# o""&rrin'4et!een the Referen"e Inde# -ate $re"edin' the 6id -ate and the Referen"e

Inde# -ate i((ediate%y $re"edin' the A$$ointed -ate sha%% 4e dee(ed to 4e

the 6id +roBe"t /ost at "o((en"e(ent of "onstr&"tion.

2.2. @or eery (onth o""&rrin' after the A$$ointed -ate, the A&thority sha%%

"o($&te the ariation in +ri"e Inde# o""&rrin' 4et!een the Referen"e Inde# -ate

$re"edin' the 6id -ate and the Referen"e Inde# -ate $re"edin' the date of

Inoi"e, and sha%% e#$ress the %atter as a (&%ti$%e of the for(er the Price In*e

'ulti!le3). A%% Inoi"es to 4e s&4(itted 4y the /on"essionaire to the A&thority for

and in res$e"t of the /onstr&"tion +eriod sha%% 4e the $rod&"t of the re%eant

$ro$ortion of the 6id +roBe"t /ost and the +ri"e Inde# M&%ti$%e a$$%i"a4%e on the

date of Inoi"e. @or the aoidan"e of do&4t and 4y !ay of i%%&stration, if a) the

+ri"e Inde# on the Referen"e Inde# -ate $re"edin' the 6id -ate, say an&ary 1,

201P, is 200 t!o h&ndred)J 4) the Inoi"e is s&4(itted on *"to4er 1, 201OJ and

") the +ri"e Inde# as on Se$te(4er 0, 201O is 210 t!o h&ndred and ten), then

the +ri"e Inde# M&%ti$%e for deter(ination of the a(o&nt d&e in res$e"t of s&"h

Inoi"e sha%% 4e 1.0 one $oint ;ero 5e).

9:<: Pa$&ent %) Bi* Pr%+ect C%st

2..1 [0Q forty $er "ent) ] of the 6id +roBe"t /ost , adB&sted for the +ri"e Inde#

M&%ti$%e, sha%% 4e d&e and $aya4%e to the /on"essionaire in 5e) e7&a%

insta%%(ents of [Q ei'ht $er "ent)] ea"h d&rin' the /onstr&"tion +eriod ina""ordan"e !ith the $roisions of /%a&se 2..

2..2 The re(ainin' [P0Q si#ty $er "ent)] of the 6id +roBe"t /ost , sha%% 4e d&e and

$aya4%e in [0 thirty)] 4iann&a% insta%%(ents "o((en"in' fro( the 10th one

h&ndred and ei'htieth) day of /*- in a""ordan"e !ith the $roisions of /%a&se

2.P.



9:<; Pa$&ent *urin" C%nstructi%n Peri%*

6id +roBe"t /ost sha%% 4e the a(o&nt s$e"ified in the 6id of the se%e"ted 6idder.



L$on re"eiin' a re$ort fro( the Inde$endent En'ineer "ertifyin' the a"hiee(ent

of the 4e%o! (entioned +ay(ent Mi%estones, the A&thority sha%% dis4&rse, !ithin

1 5fteen) days of the re"ei$t of ea"h s&"h re$ort, an insta%%(ent e7&a% to Q

ei'ht $er "ent) of the 6id +roBe"t /ost , adB&sted for the +ri"e Inde# M&%ti$%e as

a$$%i"a4%e on the Referen"e Inde# -ate $re"edin' the date of that re$ort.

@or the $&r$ose of this /%a&se 2., the +ay(ent Mi%estone for re%easeof $ay(ent d&rin'

/onstr&"tion +eriod sha%% 4e as&nder=

a) I 5rst) +ay(ent Mi%estone < *n a"hiee(ent of 20Q +hysi"a% +ro'ress100Q < Site /%earan"e 2 Q @o&ndation 10 Q of S&4str&"t&re )

4) II se"ond) +ay(ent Mi%estone < *n a"hiee(ent of 0Q Q

+hysi"a% +ro'ress

0 Q A$$ro"h 0 Q @o&ndation 0 Q S&4str&"t&re 10 Q

S&$erstr&"t&re )

") III third) +ay(ent Mi%estone *n a"hiee(ent of P0Q

+hysi"a% +ro'ress

O Q @o&ndation P0 Q S&4str&"t&re 0 Q S&$erstr&"t&re )

d) IC fo&rth) +ay(ent Mi%estone < *n a"hiee(ent of OQ +hysi"a% +ro'ress 0 Q @o&ndation 0 Q S&4str&"t&res P0 Q S&$erstr&"t&re )

e) C 5fth) +ay(ent Mi%estone *n a"hiee(ent of 0Q +hysi"a% +ro'ress 100 Q A$$roa"h 100 Q @o&ndation 100 Q S&4str&"t&re 100 Q

S&$erstr&"t&re 100 Q@inishin' )

+roided that in "ase of /han'e of S"o$e, the +hysi"a% +ro'ress sha%% 4e

re"a%"&%ated to a""o&nt for the "han'ed s"o$e.

9:<= B%nus %n earl$ c%&!leti%n

In the eent that the /on"essionaire sha%% a"hiee /*- (ore than 0thirty) days $rior to the S"hed&%ed /o($%etion -ate, the A&thority sha%% $ay to

the /on"essionaire a 4on&s e7&a% to 0.Q \ero $oint 5e $er "ent) of [P0 Q Si#ty$er "ent)] of the 6id +roBe"t /ost for eery (onth 4y !hi"h /*- sha%% $re"ede

the S"hed&%ed /o($%etion -ate. The 6on&s sha%% 4e d&e and $aya4%e to the

/on"essionaire a%on' !ith the 1st

5rst) Ann&ity +ay(ent.

9:<> Annuit$ Pa$&ents *urin" O!erati%n Peri%*

2.P.1 The the 1C%&!leti%n C%st2 sha%% 4e the s&((ation of A, 6, /, -, E, and @4e%o! =

A. 20Q of the 6id +roBe"t /ost adB&sted for the +ri"e Inde# M&%ti$%e asa$$%i"a4%e on the

Referen"e Inde# -ate $re"edin' the date of re$ort "on5r(in' 20Q+hysi"a% +ro'ress.

6. Another 20Q of the 6id +roBe"t /ost adB&sted for the +ri"e Inde#

M&%ti$%e as a$$%i"a4%e on the Referen"e Inde# -ate $re"edin' the date of

re$ort "on5r(in' 0Q +hysi"a% +ro'ress./. Another 20Q of the 6id +roBe"t /ost adB&sted for the +ri"e Inde# M&%ti$%eas a$$%i"a4%e on

the Referen"e Inde# -ate $re"edin' the date of re$ort "on5r(in' P0Q

+hysi"a% +ro'ress.-. Another 1Q of the 6id +roBe"t /ost adB&sted for the +ri"e Inde#


re$ort "on5r(in' OQ +hysi"a% +ro'ress.



E. Another 1Q of the 6id +roBe"t /ost adB&sted for the +ri"e Inde#


re$ort "on5r(in' 0Q +hysi"a% +ro'ress.

@. Another 10Q of the 6id +roBe"t /ost adB&sted for the +ri"e Inde# M&%ti$%e

as a$$%i"a4%e on the Referen"e Inde# -ate $re"edin' the /*-.

The +arties a'ree that [0Q forty $er "ent)] of the /o($%etion /ost sha%% 4edee(ed to hae 4een $aid d&rin' the /onstr&"tion +eriod and the 4a%an"e

re(ainin' sha%% 4e d&e and $aya4%e d&rin' the *$eration +eriod in a""ordan"e

!ith the $roisions of /%a&se 2.P.2.

2.P.2 The /o($%etion /ost re(ainin' to 4e $aid in $&rs&an"e of the $roisions of

/%a&se 2.P.1 sha%% 4e d&e and $aya4%e in 4iann&a% insta%%(ents oer a $eriod of

[1 5fteen)] years "o((en"in' fro( /*-, the 1Annuit$ Pa$&ents2). The 1st5rst) insta%%(ent of Ann&ity +ay(ents sha%% 4e d&e and $aya4%e !ithin

1 5fteen) days of the 10th

one h&ndred and ei'htieth) day of /*- and there(ainin' insta%%(ents

sha%% 4e d&e and $aya4%e !ithin 1 5fteen) days of "o($%etion of ea"h of thes&""essie si# (onths

the Annuit$ Pa$&entDate2).



2.P. Ea"h of the Ann&ity +ay(ents d&e and $aya4%e d&rin' the years fo%%o!in' the

/*- sha%% 4e as &nder1

=

Annuit$)%ll%#in" te

Percenta"e %)

1st

Ann&ity 0.10

2nd

Ann&ity 0.1O

rdAnn&ity 0.2

th

Ann&ity 0.1

th

Ann&ity 0.

Pth

Ann&ity 0.

Oth

Ann&ity 0.

th

Ann&ity 0.P

th

Ann&ity 0.O

10th

Ann&ity 0.

11th

Ann&ity 1.00

12th

Ann&ity 1.12

1th Ann&ity 1.21

thAnn&ity 1.P

1th

Ann&ity 1.

1Pth

Ann&ity 1.P

1Oth

Ann&ity 1.0

1th

Ann&ity 1.O

1th

Ann&ity 2.1

20th

Ann&ity 2.

21st

Ann&ity 2.P

22nd

Ann&ity 2.0

2rd

Ann&ity .0

2th Ann&ity .

2th

Ann&ity .P

2Pth

Ann&ity .O

2Oth

Ann&ity .

2th

Ann&ity .O

2th

Ann&ity .20

0th

Ann&ity .P

Ea"h of the 4iann&a% insta%%(ents $aya4%e here&nder sha%% 4e $aid a%on' !ithinterest as s$e"ified in

/%a&se 2.P.

2.P. Interest sha%% 4e d&e and $aya4%e on the red&"in' 4a%an"e of /o($%etion /ost atan interest rate e7&a% to the a$$%i"a4%e 6an> Rate [$%&s Q three $er "ent)].

S&"h interest sha%% 4e d&e and $aya4%e 4iann&a%%y a%on' !ith ea"h insta%(ent

s$e"ified in /%a&se 2.P.. @or the aoidan"e of do&4t and 4y !ay of i%%&stration,

the +arties a'ree that interest on P0Q si#ty $er "ent) of the /o($%etion /ost,

"a%"&%ated fro( /*- and &nti% the 10th one h&ndred and ei'htieth) day of /*-,

sha%% 4e d&e and $aya4%e to the /on"essionaire a%on' !ith the 5rst Ann&ity

+ay(ent and interest on 991

Q 99 $er "ent) of the /o($%etion /ost, "a%"&%ated

fro( 5rst Ann&ity $ay(ent date and &nti% the 1st 5rst) anniersary of /*-, sha%%

4e d&e and $aya4%e a%on' !ith the se"ond Ann&ity +ay(ent d&e and $aya4%e

&nder this A'ree(ent. The +arties f&rther a'ree that interest sha%% 4e "a%"&%ated

at (onth%y

1 The s"hed&%e (ay 4e "&sto(i;ed 4ased on the d&ration of the *$erations +eriod



1 To 4e 5na%i;ed on the 4asis of the o&tstandin' /o($%etion /ost Ann&ity $&rs&ant to the $ay(ent

of 1 st

Ann&ity as $ roid ed in th e Ann& ity $ ay(en t s"h ed&%e in /%a& se 2 .P.



rests in a""ordan"e !ith the nor(a% $ra"ti"e fo%%o!ed 4y 4an>s for "a%"&%ation of

interest on o&tstandin' %oans.

9:<@ O' Pa$&ents

2.O.1 The +arties a">no!%ed'e and a'ree that a%% *M E#$enses sha%% 4e 4orne 4y

the /on"essionaire and in %ie& thereofJ a %&($ s&( 5nan"ia% s&$$ort in the

for( of 4iann&a% $ay(ents sha%% 4e d&e and $aya4%e 4y the A&thority, !hi"h

sha%% 4e "o($&ted on the a(o&nt 7&oted 4y the se%e"ted 4idder &nder its *M

6id, in a""ordan"e !ith the $roisions of this /%a&se 2.O the O'

Pa$&ents3). The +arties f&rther a">no!%ed'e and a'ree that any *M E#$enses

in e#"ess of the *M +ay(ents sha%% 4e 4orne so%e%y 4y the /on"essionaire, sae

and e#"e$t as e#$ress%y $roided in this A'ree(ent. @or aoidan"e of do&4t it is

"%arified that the *M +ay(ents !i%% 4e s&4Be"t to any /han'e in S"o$e of the

+roBe"t of the /on"essionaire &nder Arti"%e 1P of this A'ree(ent.

2.O.2 S&4Be"t to the +roisions of /%a&se 2.O., the *M +ay(ents d&e and $aya4%e

to the /on"essionaire sha%% 4e $aid in 2 t!o) e7&a% 4iann&a% insta%%(ents and

dis4&rsed 4y the A&thority to'ether !ith the "orres$ondin' insta%%(ents of Ann&ity+ay(ents.

2.O. Ea"h insta%%(ent of *M +ay(ent sha%% 4e the $rod&"t of the a(o&nt

deter(ined in a""ordan"e !ith /%a&se 2.O.1 and the +ri"e Inde# M&%ti$%e on the

Referen"e Inde# -ate $re"edin' the d&e date of $ay(ent thereof. @or the

aoidan"e of do&4t and 4y !ay of i%%&stration, if i) the *M 6id is Rs.1/r. R&$ees

one "ore)J ii) the *M +ay(ent is to 4e deter(ined for the 2nd se"ond)

year of the *$eration +eriodJ iii) the +ri"e Inde# on the Referen"e Inde# -ate

$re"edin' the 6id -ate is 200 t!o h&ndred) and the +ri"e Inde# on the Referen"e

Inde# -ate $re"edin' the d&e date of $ay(ent is 20 t!o h&ndred forty),

i($%yin' a +ri"e Inde# M&%ti$%e of 1.2 one $oint t!o), then the *M +ay(ent forthat insta%%(ent sha%% 4e the $rod&"t of *M 6id and the a$$%i"a4%e +ri"e Inde#

M&%ti$%e, !hi"h $rod&"t sha%% 4e Rs.1.2 "r. R&$ees one $oint t!o "rore)

9:< '%biliati%n A*vance

The A&thority sha%%, on re7&est of the /on"essionaire, (ade at any ti(e after

e#$iry of P0 si#ty) days fro( the A$$ointed -ate, and &$on the /on"essionaire

f&rnishin' a 6an> G&arantee in a for( satisfa"tory to the A&thority, (a>e an

adan"e $ay(ent in a s&( not e#"eedin' 10Q ten $er "ent) of the 6id +roBe"t

/ost the 1'%biliati%n A*vance2). The Mo4i%i;ation Adan"e sha%% 4e $aid 4y

the A&thority !ithin 0 thirty) days of re"ei$t of a re7&est in this 4eha%f fro(

the /on"essionaire. The rate of interest on the Mo4i%i;ation Adan"e sha%% 4e e7&a%to the 6an> Rate, "o($o&nded ann&a%%y. The Mo4i%i;ation Adan"e sha%% 4e

ded&"ted 4y the A&thority in fo&r) e7&a% insta%(ents fro( ea"h of the

$ay(ents to 4e (ade 4y the A&thority to the /on"essionaire in a""ordan"e !ith

the $roisions of /%a&se 2. and the interest thereon sha%% 4e re"oered as the

th 5fth) and 5na% insta%(ent &$on e#$iry of 120 one h&ndred and t!enty) days

"o((en"in' fro( the date of re"oery of the th

fo&rth) insta%(ent.

9:< Treat&ent %) inc%&!lete #%r8s

2..1 The +arties a">no!%ed'e and a'ree that in the eent /*- o""&rs &$on

iss&an"e of a +roisiona% /erti5"ate, the Ann&ity +ay(ents and *M +ay(ents

s$e"i5ed in this Arti"%e 2 sha%% 4e (ade as if a%% !or>s "o($risin' the +roBe"t hae

4een "o($%eted. The !or>s re(ainin' in"o($%ete sha%% 4e "o($%eted 4y the

/on"essionaire in a""ordan"e !ith the $roisions of this A'ree(ent and

there&$on, the /o($%etion /ertifi"ate sha%% 4e iss&ed forth!ith.



2..2 In the eent the A&thority deter(ines that any in"o($%ete !or>s referred to in

/%a&se 2..1 are not re7&ired to 4e "o($%eted for any reason, it sha%% (odify the

S"o$e of the +roBe"t in a""ordan"e !ith



the $roisions of Arti"%e 1P and the /o($%etion /ost, Ann&ity +ay(ents and *M

+ay(ents sha%% 4e red&"ed on a""o&nt of s&"h /han'e of S"o$e as $er the

$roisions of Arti"%e 1P.

[-e%eted]

ARTICLE 9;



9=<. Escr%#Acc%unt

ARTICLE9=

ESCRO,ACCOUNT

2.1.1 The /on"essionaire sha%%, $rior to the A$$ointed -ate, o$en and esta4%ish anEs"ro! A""o&nt !ith a

6an> the 1Escr%# Ban82) in a""ordan"e !ith this A'ree(ent read !ith theEs"ro! A'ree(ent.

2.1.2 The nat&re and s"o$e of the Es"ro! A""o&nt are f&%%y des"ri4ed in the

a'ree(ent the 1Escr%# A"ree&ent2) to 4e entered into a(on'st the

/on"essionaire, the A&thority, the Es"ro! 6an> and the Senior enders thro&'h

the endersK Re$resentatie, !hi"h sha%% 4e s&4stantia%%y in the for( set forth in

S"hed&%e<*.

9=<9 De!%sits int% Escr%# Acc%unt

The /on"essionaire sha%% de$osit or "a&se to 4e de$osited the fo%%o!in' in?o!sand re"ei$ts into the

Es"ro! A""o&nt=

a) A%% f&nds "onstit&tin' the @inan"ia% +a">a'eJ

4) A%% reen&es fro( or in res$e"t of the +roBe"t, in"%&din' the $ro"eeds of any

renta%s, de$osits, "a$ita% re"ei$ts or ins&ran"e "%ai(sJ and

") A%% $ay(ents 4y the A&thority, after ded&"tion of any o&tstandin' $ay(ents.

9=<: ,it*ra#als *urin" C%ncessi%n Peri%*

2..1 The /on"essionaire sha%%, at the ti(e of o$enin' the Es"ro! A""o&nt, 'ie

irreo"a4%e instr&"tions, 4y !ay of an Es"ro! A'ree(ent, to the Es"ro! 6an>

instr&"tin', inter alia, that de$osits in the Es"ro! A""o&nt sha%% 4e a$$ro$riated in

the fo%%o!in' order eery (onth, or at shorter intera%s as ne"essary, and if not

d&e in a (onth then a$$ro$riated $ro$ortionate%y in s&"h (onth and retained

in the Es"ro! A""o&nt and $aid o&t therefro( in the (onth !hen d&e=

a) A%% ta#es d&e and $aya4%e 4y the /on"essionaire for and in res$e"t of the+roBe"tJ

4) Any a(o&nt d&e on a""o&nt of a$$ro$riation of the -ee(ed+erfor(an"e Se"&rity &nder

/%a&se . of this A'ree(entJ

") A%% $ay(ents re%atin' to "onstr&"tion of the +roBe"t, s&4Be"t to and in

a""ordan"e !ith the "onditions, if any, set forth in the @inan"in'

A'ree(entsJ

d) *M E#$enses, s&4Be"t to the "ei%in', if any, set forth in the @inan"in'A'ree(entsJ

e) *M E#$enses and other "osts and e#$enses in"&rred 4y the A&thority

in a""ordan"e !ith the $roisions of this A'ree(ent, and "erti5ed 4y theA&thority as d&e and $aya4%e to itJ

f) Any a(o&nts d&e and $aya4%e to the A&thority other than

&nder /%a&se .)J ') Month%y $ro$ortionate $roision of -e4t

Seri"e d&e in an A""o&ntin' ZearJ



h) A%% $ay(ents and -a(a'es "erti5ed 4y the A&thority as d&e and$aya4%e to it 4y the

/on"essionaireJ

i) Month%y $ro$ortionate $roision of de4t seri"e $ay(ents d&e in an

A""o&ntin' Zear in res$e"t of S&4ordinated -e4tJ



B) Any resere re7&ire(ents set forth in the @inan"in' A'ree(entsJ and

>) 6a%an"e, if any, in a""ordan"e !ith the instr&"tions of the /on"essionaire.

2..2 The /on"essionaire sha%% not in any (anner (odify the order of $ay(ent

s$e"i5ed in /%a&se 2..1, e#"e$t !ith the $rior !ritten a$$roa% of the A&thority.

9=<; ,it*ra#als u!%n Ter&inati%n

2..1 Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, a%%

a(o&nts standin' to the "redit of the Es"ro! A""o&nt sha%%, &$on Ter(ination, 4e

a$$ro$riated in the fo%%o!in' order=



/%a&se . of this A'ree(entJ

") +er"enta'e of -e4t -&e e#"%&din' S&4ordinated -e4t if re7&ired to 4e as$er the ter(s of this

A'ree(ent J

d) *&tstandin' $ay(ents d&e to the A&thorityJ

e) A%% $ay(ents and -a(a'es "erti5ed 4y the A&thority as d&e and$aya4%e to it 4y the

/on"essionaireJ

f) Retention and $ay(ents re%atin' to the %ia4i%ity for defe"ts andde5"ien"ies set forth in Arti"%e

J

') *&tstandin' -e4t Seri"e in"%&din' the

4a%an"e of -e4t -&eJ h) *&tstandin'

S&4ordinated -e4tJ

i) In"&rred or a""r&ed *M E#$ensesJ

B) Any other $ay(ents re7&ired to 4e (ade &nder this A'ree(entJ and

>) 6a%an"e, if any, in a""ordan"e !ith the instr&"tions of the /on"essionaire=

+roided that no a$$ro$riations sha%% 4e (ade &nder S&4<"%a&se >) of this/%a&se 2..1 &nti% a

Cestin' /erti5"ate has 4een iss&ed 4y the A&thority &nder the $roisions of Arti"%e2.

2..2 The $roisions of this Arti"%e 2 and the instr&"tions "ontained in the Es"ro!

A'ree(ent sha%% re(ain in f&%% for"e and effe"t &nti% the o4%i'ations set forth in

/%a&se 2..1 hae 4een dis"har'ed.



ARTICLE9>

INSURANCE

9><. Insurance *urin" C%ncessi%n Peri%*

The /on"essionaire sha%% ee"t and (aintain at its o!n "ost, d&rin' the

/onstr&"tion +eriod and the *$eration +eriod, s&"h ins&ran"es for s&"h (a#i(&(

s&(s as (ay 4e re7&ired &nder the @inan"in' A'ree(ents and A$$%i"a4%e a!s,

and s&"h ins&ran"es as (ay 4e ne"essary or $r&dent in a""ordan"e !ith Good

Ind&stry +ra"ti"e. The /on"essionaire sha%% a%so ee"t and (aintain s&"h

ins&ran"es as (ay 4e ne"essary for (iti'atin' the ris>s that (ay deo%e on the

A&thority as a "onse7&en"e of any a"t or o(ission of the /on"essionaire d&rin'

the /onstr&"tion +eriod. The /on"essionaire sha%% $ro"&re that in ea"h ins&ran"e

$o%i"y, the A&thority sha%% 4e a "o<ins&red and that the ins&rer sha%% $ay

the $ro"eeds of ins&ran"e into the Es"ro! A""o&nt. @or the aoidan"e of do&4t,the %ee% of ins&ran"e to 4e (aintained 4y the /on"essionaire after re$ay(ent of

Senior endersK d&es in f&%% sha%% 4e deter(ined on the sa(e $rin"i$%es as

a$$%i"a4%e for deter(inin' the %ee% of ins&ran"e $rior to s&"h re$ay(ent of Senior

endersK d&es.

9><9 Insurance C%ver

itho&t $reB&di"e to the $roisions "ontained in /%a&se 2P.1, the/on"essionaire sha%%, d&rin' the

*$eration +eriod, $ro"&re and (aintain Ins&ran"e /oer in"%&din' 4&t not%i(ited to the fo%%o!in'=

a) oss, da(a'e or destr&"tion of the +roBe"t Assets, in"%&din' assetshanded oer 4y the

A&thority to the /on"essionaire, at re$%a"e(ent a%&eJ

4) /o($rehensie third $arty %ia4i%ity ins&ran"e in"%&din' inB&ry to or deathof $ersonne% of the

A&thority or others "a&sed 4y the +roBe"tJ

") The /on"essionaireKs 'enera% %ia4i%ity arisin' o&t of

the /on"essionJ d) ia4i%ity to third $arties for 'oods

or $ro$erty da(a'eJ

e) or>(enKs "o($ensationins&ran"eJ and

f) any other ins&ran"e that (ay 4e ne"essary to $rote"t the /on"essionaire

and its e($%oyees, in"%&din' a%% @or"e MaBe&re Eents that are ins&ra4%e at

"o((er"ia%%y reasona4%e $re(i&(s and not other!ise "oered in ite(sa)

to e) a4oe.

9><: N%tices t% te Aut%rit$

No %ater than forty 5e) days $rior to "o((en"e(ent of the /onstr&"tion+eriod or the *$eration +eriod, as the "ase (ay 4e, the /on"essionaire sha%% 4y

noti"e f&rnish to the A&thority, in reasona4%e detai%, infor(ation in res$e"t of the

ins&ran"es that it $ro$oses to ee"t and (aintain in a""ordan"e !ith this Arti"%e

2P. ithin 0 thirty) days of re"ei$t of s&"h noti"e, the A&thority (ay re7&ire the

/on"essionaire to effe"t and (aintain s&"h other ins&ran"es as (ay 4e



ne"essary $&rs&ant hereto, and in the eent of any differen"e or

disa'ree(ent re%atin' to any s&"h ins&ran"e, the -is$&te Reso%&tion +ro"ed&re

sha%% a$$%y.

9><; Evi*ence %) Insurance C%ver

A%% ins&ran"es o4tained 4y the /on"essionaire in a""ordan"e !ith this Arti"%e 2P

sha%% 4e (aintained !ith ins&rers on ter(s "onsistent !ith Good Ind&stry+ra"ti"e. ithin 1 5fteen) days of o4tainin' any ins&ran"e "oer, the

/on"essionaire sha%% f&rnish to the A&thority, notari;ed tr&e "o$ies of the

"ertifi"ates) of ins&ran"e, "o$ies of ins&ran"e $o%i"ies and $re(i&( $ay(ent

re"ei$ts in res$e"t of



s&"h ins&ran"e, and no s&"h ins&ran"e sha%% 4e "an"e%%ed, (odified, or a%%o!ed to

e#$ire or %a$se &nti% the e#$iration of at %east forty fie) days after noti"e of

s&"h $ro$osed "an"e%%ation, (odifi"ation or nonrene!a% has 4een de%iered 4y the

/on"essionaire to the A&thority.

9><= Re&e*$ )%r )ailure t% insure

If the /on"essionaire sha%% fai% to ee"t and >ee$ in for"e a%% ins&ran"es for !hi"h it

is res$onsi4%e $&rs&ant hereto, the A&thority sha%% hae the o$tion to either >ee$

in for"e any s&"h ins&ran"es, and $ay s&"h $re(ier and re"oer the "osts thereof

fro( the /on"essionaire, or in the eent of "o($&tation of a Ter(ination

+ay(ent, treat an a(o&nt e7&a% to the Ins&ran"e /oer as dee(ed to hae 4een

re"eied 4y the /on"essionaire.

9><> ,aiver %) subr%"ati%n

A%% ins&ran"e $o%i"ies in res$e"t of the ins&ran"e o4tained 4y the

/on"essionaire $&rs&ant to this Arti"%e 2P sha%% in"%&de a !aier of any and a%%

ri'hts of s&4ro'ation or re"oery of the ins&rers there&nder a'ainst, inter a%ia, theA&thority, and its assi'ns, s&""essors, &nderta>in's and their s&4sidiaries,

ai%iates, e($%oyees, ins&rers and &nder!riters, and of any ri'ht of the ins&rers

to any set<o or "o&nter"%ai( or any other ded&"tion, !hether 4y atta"h(ent or

other!ise, in res$e"t of any %ia4i%ity of any s&"h $erson ins&red &nder any s&"h

$o%i"y or in any !ay "onne"ted !ith any %oss, %ia4i%ity or o4%i'ation "oered 4y

s&"h $o%i"ies of ins&ran"e.

9><@ C%ncessi%naires #aiver

The /on"essionaire here4y f&rther re%eases, assi'ns and !aies any and a%% ri'hts

of s&4ro'ation or re"oery a'ainst, inter a%ia, the A&thority and its assi'ns,

&nderta>in's and their s&4sidiaries, aV%iates, e($%oyees, s&""essors, ins&rers and&nder!riters, !hi"h the /on"essionaire (ay other!ise hae or a"7&ire in or fro(

or in any !ay "onne"ted !ith any %oss, %ia4i%ity or o4%i'ation "oered 4y $o%i"ies of

ins&ran"e (aintained or re7&ired to 4e (aintained 4y the /on"essionaire

$&rs&ant to this A'ree(ent other than third $arty %ia4i%ity ins&ran"e $o%i"ies) or

4e"a&se of ded&"ti4%e "%a&ses in or inade7&a"y of %i(its of any s&"h $o%i"ies of

ins&ran"e.

9>< A!!licati%n %) insurance !r%cee*s

The $ro"eeds fro( a%% ins&ran"e "%ai(s, e#"e$t %ife and inB&ry, sha%% 4e $aid to the

/on"essionaire 4y "redit to the Es"ro! A""o&nt and it sha%%, not!ithstandin'

anythin' to the "ontrary "ontained in /%a&se 2., a$$%y s&"h $ro"eeds for

any ne"essary re$air, re"onstr&"tion, reinstate(ent, re$%a"e(ent,

i($roe(ent or de%iery of the +roBe"t, and the 4a%an"e re(ainin', if any,

sha%% 4e a$$%ied in a""ordan"e !ith the $roisions "ontained in this 4eha%f in the

@inan"in' A'ree(ents.

9>< C%&!liance #it c%n*iti%ns %) insurance !%licies

The /on"essionaire e#$ress%y a">no!%ed'es and &nderta>es to f&%%y inde(nify the

A&thority fro( and a'ainst a%% %osses and "%ai(s arisin' fro( the /on"essionaireKs

fai%&re to "o($%y !ith "onditions i($osed 4y the ins&ran"e $o%i"ies ae"ted in

a""ordan"e !ith this A'ree(ent.



9@<. Au*ite*acc%unts

ARTICLE9@

ACCOUNTS ANDAUDIT

2O.1.1 The /on"essionaire sha%% (aintain 4oo>s of a""o&nts re"ordin' a%% its re"ei$ts

in"%&din' a%% reen&es deried"o%%e"ted 4y it fro( or on a""o&nt of the +roBe"t

andor its &se), in"o(e, e#$endit&re, $ay(ents in"%&din' $ay(ents fro( the

Es"ro! A""o&nt), assets and %ia4i%ities, in a""ordan"e !ith this A'ree(ent, Good

Ind&stry +ra"ti"e, A$$%i"a4%e a!s and A$$%i"a4%e +er(its. The /on"essionaire

sha%% $roide 2 t!o) "o$ies of its 6a%an"e Sheet, /ash @%o! State(ent and +ro5t

and oss A""o&nt, a%on' !ith a re$ort thereon 4y its Stat&tory A&ditors, !ithin 10

one h&ndred and ei'hty) days of the "%ose of the A""o&ntin' Zear to !hi"h they

$ertain and s&"h a&dited a""o&nts, sae and e#"e$t !here e#$ress%y $roided to

the "ontrary, sha%% for( the 4asis of $ay(ents 4y either +arty &nder this

A'ree(ent. The A&thority sha%% hae the ri'ht to ins$e"t the re"ords of the/on"essionaire d&rin' oi"e ho&rs and re7&ire "o$ies of re%eant e#tra"ts of

4oo>s of a""o&nts, d&%y "ertified 4y the Stat&tory A&ditors, to 4e $roided to

the A&thority for eri5"ation of 4asis of $ay(ents, and in the eent of any

dis"re$an"y or error 4ein' fo&nd, the sa(e sha%% 4e re"tified and s&"h re"tified

a""o&nt sha%% for( the 4asis of $ay(ents 4y either +arty &nder this A'ree(ent.

2O.1.2 The /on"essionaire sha%%, !ithin 0 thirty) days of the "%ose of ea"h 7&arter of

an A""o&ntin' Zear, f&rnish to the A&thority its &na&dited 5nan"ia% res&%ts in

res$e"t of the $re"edin' 7&arter, in the (anner and for( $res"ri4ed 4y the

Se"&rities and E#"han'e 6oard of India for $&4%i"ation of 7&arter%y res&%ts 4y the

"o($anies %isted on a sto"> e#"han'e.2O.1. *n or 4efore the thirty<5rst day of May ea"h Zear, the /on"essionaire sha%%

$roide to the A&thority, for the $re"edin' A""o&ntin' Zear, a state(ent d&%y

a&dited 4y its Stat&tory A&ditors 'iin' s&((ari;ed infor(ation on reen&es

deried fro( the +roBe"t,] and s&"h other infor(ation as the A&thority (ay

reasona4%y re7&ire.

9@<9 A!!%int&ent %) au*it%rs

2O.2.1 The /on"essionaire sha%% a$$oint, and hae d&rin' the s&4sisten"e of this

A'ree(ent as its Stat&tory A&ditors, a 5r( "hosen 4y it fro( the (&t&a%%y a'reed

%ist of fie) re$&ta4%e 5r(s of "hartered a""o&ntants the 1Panel %) Cartere*

Acc%untants2), s&"h %ist to 4e $re$ared s&4stantia%%y in a""ordan"e !ith the

"riteria set forth in S"hed&%e<+. A%% fees and e#$enses of the Stat&tory A&ditors

sha%% 4e 4orne 4y the /on"essionaire.

2O.2.2 The /on"essionaire (ay ter(inate the a$$oint(ent of its Stat&tory A&ditors

after a noti"e of forty 5e) days to the A&thority, s&4Be"t to the re$%a"e(ent

Stat&tory A&ditors 4ein' a$$ointed fro( the +ane% of /hartered A""o&ntants.

2O.2. Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, the

A&thority sha%% hae the ri'ht, 4&t not the o4%i'ation, to a$$oint at its "ost fro(

ti(e to ti(e and at any ti(e, another 5r( the 1A**iti%nal Au*it%rs2) fro( the

+ane% of /hartered A""o&ntants to a&dit and erify a%% those (atters, e#$enses,"osts, rea%i;ations and thin's !hi"h the Stat&tory A&ditors are re7&ired to do,

&nderta>e or "ertify $&rs&ant to this A'ree(ent.

9@<: Certi)icati%n %) clai&s b$ Statut%r$ Au*it%rs



Any "%ai( or do"&(ent $roided 4y the /on"essionaire to the A&thority in

"onne"tion !ith or re%atin' to re"ei$ts, in"o(e, $ay(ents, "osts, e#$enses,

a""o&nts or a&dit, and any (atter in"identa% thereto sha%% 4e a%id and ee"tie

on%y if "ertified 4y its Stat&tory A&ditors. @or the aoidan"e of do&4t, s&"h



"ertifi"ation sha%% not 4e re7&ired for e#"han'e of infor(ation in the nor(a% "o&rse

of 4&siness in"%&din' the s&4(ission of any $eriodi" infor(ation in $&rs&an"e of

the $roisions of this A'ree(ent, sae and e#"e$t !here s&"h "erti5"ation is

e#$ress%y $roided.

9@<; Set/%))

In the eent any a(o&nt is d&e and $aya4%e 4y the A&thority to the

/on"essionaire, it (ay set<o any s&(s $aya4%e to it 4y the /on"essionaire

and $ay the 4a%an"e re(ainin'. Any e#er"ise 4y the A&thority of its ri'hts

&nder this /%a&se 2O. sha%% 4e !itho&t $reB&di"e to any other ri'hts or re(edies

aai%a4%e to it &nder this A'ree(ent or other!ise.

9@<= Dis!ute res%luti%n

In the eent of there 4ein' any differen"e 4et!een the 5ndin's of the Additiona%

A&ditors or the /on"&rrent A&ditors, as the "ase (ay 4e, and the "erti5"ation

$roided 4y the Stat&tory A&ditors, s&"h A&ditors sha%% (eet to reso%e the

differen"es and if they are &na4%e to reso%e the sa(e, s&"h -is$&te sha%% 4ereso%ed 4y the A&thority 4y re"o&rse to the -is$&te Reso%&tion +ro"ed&re.



PartV

6%rce 'a+eure an*Ter&inati%n



ARTICLE9

6ORCE'AJEURE

9<. 6%rce 'a+eure

As &sed in this A'ree(ent, the e#$ression @or"e MaBe&re3 or @or"e MaBe&re

Eent3 sha%%, sae and e#"e$t as e#$ress%y $roided other!ise, (ean o""&rren"e

in India of any or a%% of Non<+o%iti"a% Eent, Indire"t +o%iti"a% Eent and +o%iti"a%

Eent, as de5ned in /%a&ses 2.2, 2. and 2. res$e"tie%y, if it ae"ts the

$erfor(an"e 4y the +arty "%ai(in' the 4ene5t of @or"e MaBe&re the Affe"ted

+arty3) of its o4%i'ations &nder this A'ree(ent and !hi"h a"t or eent a) is

4eyond the reasona4%e "ontro% of the Affe"ted +arty, and 4) the Affe"ted +arty

"o&%d not hae $reented or oer"o(e 4y e#er"ise of d&e di%i'en"e and

fo%%o!in' Good Ind&stry +ra"ti"e, and ") has Materia% Aderse Ee"t on the

Affe"ted +arty.

9<9 N%n/P%litical Event

A Non<+o%iti"a% Eent sha%% (ean one or (ore of the fo%%o!in'a"ts or eents=

a) a"t of God, e$ide(i", e#tre(e%y aderse !eather "onditions, %i'htnin',

earth7&a>e, %ands%ide, "y"%one, f%ood, o%"ani" er&$tion, "he(i"a% or

radioa"tie "onta(ination or ioni;in' radiation, 5re or e#$%osion to the

e#tent of "onta(ination or radiation or 5re or e#$%osion ori'inatin' fro( a

so&r"e e#terna% to the Site)J

4) stri>es or 4oy"otts other than those ino%in' the /on"essionaire,

/ontra"tors or their res$e"tie e($%oyeesre$resentaties, or attri4&ta4%e

to any a"t or o(ission of any of the() interr&$tin' s&$$%ies and seri"es to

the +roBe"t for a "ontin&o&s $eriod of 2 t!enty fo&r) ho&rs and an

a''re'ate $eriod e#"eedin' O seen) days in an A""o&ntin' Zear, and not

4ein' an Indire"t +o%iti"a% Eent set forth in /%a&se 2.J

") any fai%&re or de%ay of a /ontra"tor 4&t on%y to the e#tent "a&sed 4y

another Non<+o%iti"a% Eent and !hi"h does not res&%t in any osettin'

"o($ensation 4ein' $aya4%e to the /on"essionaire 4y or on 4eha%f of s&"h

/ontra"torJ

d) any B&d'(ent or order of any "o&rt of "o($etent B&risdi"tion or stat&tory

a&thority (ade a'ainst the /on"essionaire in any $ro"eedin's for reasons

other than i) fai%&re of the /on"essionaire to "o($%y !ith any A$$%i"a4%e

a! or A$$%i"a4%e +er(it, or ii) on a""o&nt of 4rea"h of any A$$%i"a4%e a!

or A$$%i"a4%e +er(it or of any "ontra"t, or iii) enfor"e(ent of this

A'ree(ent, or i) e#er"ise of any of its ri'hts &nder this A'ree(ent 4y the

A&thorityJ

e) The dis"oery of 'eo%o'i"a% "onditions, to#i" "onta(ination or

ar"haeo%o'i"a% re(ains on the Site that "o&%d not reasona4%y hae 4een

e#$e"ted to 4e dis"oered thro&'h a site ins$e"tionJ or

f) Any eent or "ir"&(stan"es of a nat&re ana%o'o&s to anyof the fore'oin'.

9<: In*irect P%litical Event



An Indire"t +o%iti"a% Eent sha%% (ean one or (ore of thefo%%o!in' a"ts oreents=

a) An a"t of !ar !hether de"%ared or &nde"%ared), inasion, ar(ed "on?i"t

or a"t of forei'n ene(y, 4%o">ade, e(4ar'o, riot, ins&rre"tion, terrorist or

(i%itary a"tion, "ii% "o((otion or $o%iti"a%%y (otiated sa4ota'eJ



4) any $o%iti"a% or e"ono(i" &$heaa%, dist&r4an"e, (oe(ent, str&''%e or

si(i%ar o""&rren"e !hi"h "o&%d not hae 4een anti"i$ated or foreseen 4y a

$r&dent $erson and !hi"h "a&ses the "onstr&"tion or o$eration of the

+roBe"t to 4e 5nan"ia%%y &nia4%e or other!ise not feasi4%eJ

") ind&stry<!ide or State<!ide stri>es or ind&stria% a"tion for a "ontin&o&s

$eriod of 2 t!enty fo&r) ho&rs and e#"eedin' an a''re'ate $eriod of Oseen) days in an A""o&ntin' ZearJ

d) [-e%eted]

e) fai%&re of the A&thority to $er(it the /on"essionaire to "ontin&e its

/onstr&"tion or>s, !ith or !itho&t (odifi"ations, in the eent of sto$$a'e

of s&"h !or>s after dis"oery of any 'eo%o'i"a% or ar"haeo%o'i"a% 5nds or for

any other reasonJ

f) Any fai%&re or de%ay of a /ontra"tor to the e#tent "a&sed 4y any Indire"t

+o%iti"a% Eent and !hi"h does not res&%t in any osettin' "o($ensation

4ein' $aya4%e to the /on"essionaire 4y or on 4eha%f of s&"h /ontra"torJ') Any Indire"t +o%iti"a% Eent that "a&ses a Non<+o%iti"a% EentJ or

h) Any eent or "ir"&(stan"es of a nat&re ana%o'o&s to any of the fore'oin'.

9<; P%litical Event

A +o%iti"a% Eent sha%% (ean one or (ore of the fo%%o!in' a"ts or eents 4y oron a""o&nt of any

Goern(ent Instr&(enta%ity=

a) /han'e in a!, on%y if "onse7&en"es thereof "annot 4e dea%t !ith &nder

and in a""ordan"e !ith the $roisions of Arti"%e and its effe"t, in5nan"ia% ter(s, e#"eeds the s&( s$e"ified in /%a&se .1J

4) /o($&%sory a"7&isition in nationa% interest or e#$ro$riation of any +roBe"t

Assets or ri'hts of the /on"essionaire or of the /ontra"torsJ

") &n%a!f&% or &na&thori;ed or !itho&t B&risdi"tion reo"ation of, or ref&sa% to

rene! or 'rant !itho&t a%id "a&se, any "%earan"e, %i"ense, $er(it,

a&thori;ation, no o4Be"tion "ertifi"ate, "onsent, a$$roa% or e#e($tion

re7&ired 4y the /on"essionaire or any of the /ontra"tors to $erfor( their

res$e"tie o4%i'ations &nder this A'ree(ent and the +roBe"t A'ree(entsJ

$roided that s&"h de%ay, (odifi"ation, denia%, ref&sa% or reo"ation did not

res&%t fro( the /on"essionaireKs or any /ontra"torKs ina4i%ity or fai%&re to"o($%y !ith any "ondition re%atin' to 'rant, (aintenan"e or rene!a% of

s&"h "%earan"e, %i"ense, a&thori;ation, no o4Be"tion "ertifi"ate, e#e($tion,

"onsent, a$$roa% or $er(itJ

d) any fai%&re or de%ay of a /ontra"tor 4&t on%y to the e#tent "a&sed 4y

another +o%iti"a% Eent and !hi"h does not res&%t in any osettin'

"o($ensation 4ein' $aya4%e to the /on"essionaire 4y or on 4eha%f of s&"h

/ontra"torJ or

e) Any eent or "ir"&(stan"e of a nat&re ana%o'o&s to any of the fore'oin'.

9<= Dut$ t% re!%rt 6%rce 'a+eure Event2..1 L$on o""&rren"e of a @or"e MaBe&re Eent, the Affe"ted +arty sha%% 4y noti"e

re$ort s&"h o""&rren"e to the other +arty forth!ith. Any noti"e $&rs&ant hereto

sha%% in"%&de f&%% $arti"&%ars of=



a) The nat&re and e#tent of ea"h @or"e MaBe&re Eent !hi"h is the s&4Be"t of

any "%ai( for re%ief &nder this Arti"%e 2 !ith eiden"e in s&$$ort thereofJ



4) The esti(ated d&ration and the ee"t or $ro4a4%e effe"t !hi"h s&"h @or"e

MaBe&re Eent is hain' or !i%% hae on the Affe"ted +artyKs $erfor(an"e of

its o4%i'ations &nder this A'ree(entJ

") the (eas&res !hi"h the Affe"ted +arty is ta>in' or $ro$oses to ta>e for

a%%eiatin' the i($a"t of s&"h @or"e MaBe&re EentJ an

d) Any other infor(ation re%eant to the Ae"ted +artyKs "%ai(.

2..2 The Affe"ted +arty sha%% not 4e entit%ed to any re%ief for or in res$e"t of a @or"e

MaBe&re Eent &n%ess it sha%% hae noti5ed the other +arty of the o""&rren"e

of the @or"e MaBe&re Eent as soon as reasona4%y $ra"ti"a4%e, and in any

eent no %ater than O seen) days after the Ae"ted +arty >ne!, or o&'ht

reasona4%y to hae >no!n, of its o""&rren"e, and sha%% hae 'ien $arti"&%ars of

the $ro4a4%e (ateria% ee"t that the @or"e MaBe&re Eent is %i>e%y to hae on the

$erfor(an"e of its o4%i'ations &nder this A'ree(ent.

2.. @or so %on' as the Affe"ted +arty "ontin&es to "%ai( to 4e (ateria%%y ae"ted 4y

s&"h @or"e MaBe&re Eent, it sha%% $roide the other +arty !ith re'&%ar and not

%ess than !ee>%y) re$orts "ontainin' infor(ation as re7&ired 4y /%a&se 2..1, and

s&"h other infor(ation as the other +arty (ay reasona4%y re7&est the Affe"ted

+arty to $roide.

9<> E?ect %) 6%rce 'a+eure Event %n te C%ncessi%n

2.P.1 L$on the o""&rren"e of any @or"e MaBe&re Eent $rior to the A$$ointed -ate, the

$eriod set forth in /%a&se .1 for f&%fi%%(ent of /onditions +re"edent and in

/%a&se 22.1.1 for a"hiein' @inan"ia% /%ose sha%% 4e e#tended 4y a $eriod e7&a% in

%en'th to the d&ration of the @or"e MaBe&re Eent.

2.P.2 at any ti(e after the A$$ointed -ate, if any @or"e MaBe&re Eent o""&rs=

a) 4efore /*-, the /onstr&"tion +eriod and the dates set forth in the+roBe"t /o($%etion S"hed&%e sha%% 4e e#tended 4y a $eriod e7&a% in %en'th

to the d&ration for !hi"h s&"h @or"e MaBe&re Eent s&4sistsJ or

4) After /*-, the /on"essionaire sha%% 4e entit%ed to re"eie Ann&ity +ay(ents

$%&s interest d&e and $aya4%e &nder this A'ree(ent.

+roided any $ay(ent to 4e (ade &nder this "%a&se sha%% 4e

s&4Be"t to ded&"tion of o&tstandin' d&es of the A&thority, if any.

9<@ All%cati%n %) c%sts arisin" %ut %) 6%rce 'a+eure

2.O.1 L$on o""&rren"e of any @or"e MaBe&re Eent $rior to the A$$ointed -ate, the

+arties sha%% 4ear their res$e"tie "osts and no +arty sha%% 4e re7&ired to $ay to

the other +arty any "osts thereof.

2.O.2 L$on o""&rren"e of a @or"e MaBe&re Eent after the A$$ointed -ate, the

"osts in"&rred and attri4&ta4%e to s&"h eent and dire"t%y re%atin' to the +roBe"t

the 16%rce 'a+eure C%sts2) sha%% 4e a%%o"ated and $aid as fo%%o!s=

a) &$on o""&rren"e of a Non<+o%iti"a% Eent, the +arties sha%% 4ear theirres$e"tie @or"e MaBe&re

/osts and neither +arty sha%% 4e re7&ired to $ay to the other +arty any "oststhereofJ

4) &$on o""&rren"e of an Indire"t +o%iti"a% Eent, a%% @or"e MaBe&re /ostsattri4&ta4%e to s&"h Indire"t +o%iti"a% Eent, and not e#"eedin' the

Ins&ran"e /oer for s&"h Indire"t +o%iti"a% Eent, sha%% 4e 4orne 4y the

/on"essionaire, and to the e#tent @or"e MaBe&re /osts e#"eed s&"h

Ins&ran"e /oer, one ha%f of s&"h e#"ess a(o&nt sha%% 4e rei(4&rsed 4y the

A&thority to the /on"essionaireJ and



") L$on o""&rren"e of a +o%iti"a% Eent, a%% @or"e MaBe&re /ostsattri4&ta4%e to s&"h +o%iti"a%

Eent sha%% 4e rei(4&rsed 4y the A&thority to the /on"essionaire.

@or the aoidan"e of do&4t, @or"e MaBe&re /osts (ay in"%&de interest $ay(ents on

-e4t -&e, *M E#$enses, any in"rease in the "ost of /onstr&"tion or>s on

a""o&nt of in?ation and a%% other "osts dire"t%y attri4&ta4%e to the @or"e MaBe&reEent, 4&t sha%% not in"%&de any "osts !hi"h are e#$ress%y "oered &nder any

$roision of this A'ree(ent or de4t re$ay(ent o4%i'ations, and for deter(inin'

s&"h "osts, infor(ation "ontained in the @inan"ia% +a">a'e (ay 4e re%ied &$on to

the e#tent that s&"h infor(ation is re%eant.

2.O. Sae and e#"e$t as e#$ress%y $roided in this Arti"%e 2, neither +arty sha%% 4e

%ia4%e in any (anner !hatsoeer to the other +arty in res$e"t of any %oss, da(a'e,

"ost, e#$ense, "%ai(s, de(ands and $ro"eedin's re%atin' to or arisin' o&t of

o""&rren"e or e#isten"e of any @or"e MaBe&re Eent or e#er"ise of any ri'ht

$&rs&ant hereto.

9< Ter&inati%n N%tice )%r 6%rce 'a+eure Event

If a @or"e MaBe&re Eent s&4sists for a $eriod of 10 one h&ndred and ei'hty)

days or (ore !ithin a "ontin&o&s $eriod of P three h&ndred and si#ty 5e)days,

either +arty (ay in its dis"retion ter(inate this A'ree(ent 4y iss&in' a

Ter(ination Noti"e to the other +arty !itho&t 4ein' %ia4%e in any (anner

!hatsoeer, sae as $roided in this Arti"%e 2, and &$on iss&e of s&"h

Ter(ination Noti"e, this A'ree(ent sha%%, not!ithstandin' anythin' to the "ontrary

"ontained herein, stand ter(inated forth!ithJ $roided that 4efore iss&in' s&"h

Ter(ination Noti"e, the +arty intendin' to iss&e the Ter(ination Noti"e sha%%

infor( the other +arty of s&"h intention and 'rant 1 5fteen) days ti(e to (a>e a

re$resentation, and (ay after the e#$iry of s&"h 1 5fteen) days $eriod, !hetheror not it is in re"ei$t of s&"h re$resentation, in its so%e dis"retion iss&e the

Ter(ination Noti"e.

9< Ter&inati%n Pa$&ent )%r 6%rce 'a+eure Event

2..1 If Ter(ination is on a""o&nt of a Non<+o%iti"a% Eent, the A&thority sha%% (a>e a

Ter(ination +ay(ent to the /on"essionaire in an a(o&nt to 4e "a%"&%ated as

&nder=

i) +rior to/*-=

Pa$&ent Basis %) calculati%n )%r ter&inati%n

1st +ay(ent 0Q -e4t -&e or .10Q of 6id +roBe"t /ost ,

2nd+ay(ent

0Q -e4t -&e or 1P.20Q of 6id +roBe"t /ost ,!hi"heer is %o!er

n

+ay(ent 0Q -e4t -&e or 2.0Q of 6id +roBe"t /ost ,

th +ay(ent 0Q -e4t -&e or 0.Q of 6id +roBe"t /ost ,

th +ay(ent 0Q -e4t -&e or P.Q of 6id +roBe"t /ost ,

@or the aoidan"e of do&4t, it is "%ari5ed that in "ase of ter(inationha$$enin' in 4et!een

t!o +ay(ent Mi%estones, for the $&r$ose of "a%"&%ation of -e4t -&e, the

(i%estone a"hieed !o&%d on%y 4e "onsideredJ +roided f&rther the a4oe$ay(ent so "a%"&%ated a4oe sha%% 4e red&"ed 4y Ins&ran"e /oer.

ii) In "ase Ter(ination o""&rs on or after /*-, the A&thority sha%% (a>e a

Ter(ination +ay(ent to the /on"essionaire in an a(o&nt e7&a% to OQ

seenty 5e $er"ent) of Ann&ity +ay(ents re(ainin' &n$aid for and in

res$e"t of the re(ainin' /on"ession +eriod, in"%&din' interest thereon &$ to



the Transfer -ate. +roided f&rther the a4oe $ay(ent so "a%"&%ated

a4oe sha%% 4e red&"ed 4y Ins&ran"e /oer.



2..2 If Ter(ination is on a""o&nt of an Indire"t +o%iti"a% Eent, the A&thority sha%%(a>e a Ter(ination

+ay(ent to the /on"essionaire in an

a(o&nt e7&a% to= i) In "ase

ter(ination o""&rs $rior to /*-=

a) -e4t -&e $ay(ent "a%"&%ated as $er the ta4%e 4e%o! %ess Ins&ran"e

/oerJ $roided that if any ins&ran"e "%ai(s for(in' $art of the

Ins&ran"e /oer are not ad(itted and $aid, then 0Q ei'hty $er

"ent) of s&"h &n$aid "%ai(s sha%% 4e in"%&ded in the "o($&tation of

-e4t -&e. @&rther the -e4t -&e !o&%d 4e "a%"&%ated as $er the ta4%e

$roided 4e%o!=

Pa$&ent Basis %) calculati%n )%r Debt Due

1st +ay(ent -e4t -&e or Q of 6id +roBe"t /ost , !hi"heer is

2nd

+ay(ent

-e4t -&e or 1Q of 6id +roBe"t /ost , !hi"heer

is %o!ern

+ay(ent -e4t -&e or 2OQ of 6id +roBe"t /ost , !hi"heer

th +ay(ent -e4t -&e or .OQ of 6id +roBe"t /ost ,

th +ay(ent -e4t -&e or 0.0Q of 6id +roBe"t /ost ,

@or the aoidan"e of do&4t, it is "%ari5ed that in "ase of ter(inationha$$enin' in

4et!een t!o +ay(ent Mi%estones, for the $&r$ose of "a%"&%ation of

-e4t -&e, the (i%estone a"hieed !o&%d on%y 4e "onsidered J and

4) 110Q one h&ndred and ten $er "ent) of the AdB&sted E7&ityJ

ii) In "ase Ter(ination o""&rs on or after /*-, the A&thority sha%% (a>e a

Ter(ination +ay(ent to the /on"essionaire in an a(o&nt e7&a% to 0Qninety $er"ent) of Ann&ity +ay(ents re(ainin' &n$aid for and in res$e"t

of the re(ainin' /on"ession +eriod, in"%&din' interest thereon &$ to the

Transfer -ate.

2.. If Ter(ination is on a""o&nt of a +o%iti"a% Eent, the A&thority sha%% (a>e a

Ter(ination +ay(ent to the /on"essionaire in an a(o&nt that !o&%d 4e $aya4%e

&nder /%a&se 1.. as if it !ere an A&thority -efa&%t.

9<.0 Dis!ute res%luti%n

In the eent that the +arties are &na4%e to a'ree in 'ood faith a4o&t the

o""&rren"e or e#isten"e of a @or"e MaBe&re Eent, s&"h -is$&te sha%% 4e 5na%%ysett%ed in a""ordan"e !ith the -is$&te Reso%&tion +ro"ed&reJ $roided that the

4&rden of $roof as to the o""&rren"e or e#isten"e of s&"h @or"e MaBe&re Eent

sha%% 4e &$on the +arty "%ai(in' re%ief andor e#"&se on a""o&nt of s&"h @or"e

MaBe&re Eent

9<.. Ecuse )r%& !er)%r&ance %) %bli"ati%ns

If the Affe"ted +arty is rendered !ho%%y or $artia%%y &na4%e to $erfor( its

o4%i'ations &nder this A'ree(ent 4e"a&se of a @or"e MaBe&re Eent, it sha%% 4e

e#"&sed fro( $erfor(an"e of s&"h of its o4%i'ations to the e#tent it is &na4%e to

$erfor( on a""o&nt of s&"h @or"e MaBe&re EentJ $roided that=

a) The s&s$ension of $erfor(an"e sha%% 4e of no 'reater s"o$e and of no

%on'er d&ration than is reasona4%y re7&ired 4y the @or"e MaBe&re EentJ

4) the Affe"ted +arty sha%% (a>e a%% reasona4%e eorts to (iti'ate or %i(it

da(a'e to the other +arty arisin' o&t of or as a res&%t of the e#isten"e or



o""&rren"e of s&"h @or"e MaBe&re Eent and to "&re the sa(e !ith d&e

di%i'en"eJ and



") hen the Affe"ted +arty is a4%e to res&(e $erfor(an"e of its

o4%i'ations &nder this A'ree(ent, it sha%% 'ie to the other +arty noti"e to

that ee"t and sha%% $ro($t%y res&(e $erfor(an"e of its o4%i'ations

here&nder.

9<.9 FDelete*M



ARTICLE9

CO'PENSATION 6OR BREACH O6A(REE'ENT

9<. C%&!ensati%n )%r *e)ault b$ te C%ncessi%naire

S&4Be"t to the $roisions of /%a&se 2., in the eent of the /on"essionaire 4ein'

in (ateria% 4rea"h or defa&%t of this A'ree(ent, it sha%% $ay to the A&thority 4y

!ay of "o($ensation, a%% dire"t "osts s&ffered or in"&rred 4y the A&thority as a

"onse7&en"e of s&"h (ateria% 4rea"h or defa&%t, !ithin 0 thirty) days of re"ei$t

of the de(and s&$$orted 4y ne"essary $arti"&%ars thereofJ $roided that no

"o($ensation sha%% 4e $aya4%e &nder this /%a&se 2.1 for any (ateria% 4rea"h or

defa&%t in res$e"t of !hi"h -a(a'es are e#$ress%y s$e"ified and $aya4%e &nder

this A'ree(ent or for any "onse7&entia% %osses in"&rred 4y the A&thority.

9<9 C%&!ensati%n )%r *e)ault b$ te Aut%rit$S&4Be"t to the $roisions of /%a&se 2., in the eent of the A&thority 4ein' in

(ateria% 4rea"h or defa&%t of this A'ree(ent at any ti(e after the A$$ointed -ate,

it sha%% $ay to the /on"essionaire 4y !ay of "o($ensation, a%% dire"t "osts s&ffered

or in"&rred 4y the /on"essionaire as a "onse7&en"e of s&"h (ateria% 4rea"h or

defa&%t !ithin 0 thirty) days of re"ei$t of the de(and s&$$orted 4y

ne"essary $arti"&%ars thereofJ $roided that no s&"h "o($ensation sha%% 4e

$aya4%e for any (ateria% 4rea"h or defa&%t in res$e"t of !hi"h -a(a'es hae

4een e#$ress%y s$e"ified in this A'ree(ent. @or the aoidan"e of do&4t,

"o($ensation $aya4%e (ay in"%&de interest $ay(ents on de4t, *M

E#$enses, any in"rease in "a$ita% "osts on a""o&nt of in?ation and a%% other "osts

dire"t%y attri4&ta4%e to s&"h (ateria% 4rea"h or defa&%t 4&t sha%% not in"%&de %oss of Ann&ity +ay(ents, de4t re$ay(ent o4%i'ations or other "onse7&entia% %osses, %oss

of $ro5t, E+/ /ontra"tors "%ai(s, and for deter(inin' s&"h "o($ensation,

infor(ation "ontained in the @inan"ia% +a">a'e and the @inan"ia% Mode% (ay 4e

re%ied &$on to the e#tent it is re%eant.

9<: FDelete*M

9<; 'iti"ati%n %) c%sts an* *a&a"e

The Affe"ted +arty sha%% (a>e a%% reasona4%e eorts to (iti'ate or %i(it the "osts

and da(a'e arisin' o&t of or as a res&%t of 4rea"h of A'ree(ent 4y the other

+arty.



ARTICLE:0

SUSPENSION O6CONCESSIONAIRES RI(HTS

:0<. Sus!ensi%n u!%n C%ncessi%naire De)ault

L$on o""&rren"e of a /on"essionaire -efa&%t, the A&thority sha%% 4e entit%ed,

!itho&t $reB&di"e to its other ri'hts and re(edies &nder this A'ree(ent in"%&din'

its ri'hts of Ter(ination here&nder, to a) s&s$end a%% ri'hts of the /on"essionaire

&nder this A'ree(ent, and $&rs&ant hereto, and 4) e#er"ise s&"h ri'hts itse%f and

$erfor( the o4%i'ations here&nder or a&thori;e any other $erson to e#er"ise or

$erfor( the sa(e on its 4eha%f d&rin' s&"h s&s$ension the S&s$ension3).

S&s$ension here&nder sha%% 4e ee"tie forth!ith &$on iss&e of noti"e 4y the

A&thority to the /on"essionaire and (ay e#tend &$ to a $eriod not e#"eedin'10 one h&ndred and ei'hty) days fro( the date of iss&e of s&"h noti"eJ $roided

that &$on !ritten re7&est fro( the /on"essionaire and the endersK

Re$resentatie, the A&thority sha%% e#tend the aforesaid $eriod of 10 one

h&ndred and ei'hty) days 4y a f&rther $eriod not e#"eedin' 0 ninety) days.

:0<9 Aut%rit$ t% act %n beal) %) C%ncessi%naire

0.2.1 -&rin' the $eriod of S&s$ension, the A&thority sha%%, on 4eha%f of the

/on"essionaire, "o%%e"t a%% reen&es &nder and in a""ordan"e !ith this A'ree(ent

and de$osit the sa(e in the Es"ro! A""o&nt. The A&thority sha%% 4e entit%ed to

(a>e !ithdra!a%s fro( the Es"ro! A""o&nt for (eetin' the *M E#$enses and

for (eetin' the "osts in"&rred 4y it for re(edyin' and re"tifyin' the "a&seof S&s$ension, and thereafter for defrayin' the e#$enses s$e"i5ed in /%a&se2..

0.2.2 -&rin' the $eriod of S&s$ension here&nder, a%% ri'hts and %ia4i%ities ested in

the /on"essionaire in a""ordan"e !ith the $roisions of this A'ree(ent sha%%

"ontin&e to est in the /on"essionaire and a%% thin's done or a"tions ta>en,

in"%&din' e#$endit&re in"&rred 4y the A&thority for dis"har'in' the o4%i'ations of

the /on"essionaire &nder and in a""ordan"e !ith this A'ree(ent and the

+roBe"t A'ree(ents, sha%% 4e dee(ed to hae 4een done or ta>en for and on

4eha%f of the /on"essionaire and the /on"essionaire &nderta>es to inde(nify the

A&thority for a%% "osts in"&rred< d&rin' s&"h $eriod. The /on"essionaire here4y

%i"enses and s&4<%i"enses res$e"tie%y, the A&thority or any other $ersona&thori;ed 4y it &nder /%a&se 0.1 to &se d&rin' S&s$ension, a%% Inte%%e"t&a%

+ro$erty 4e%on'in' to or %i"ensed to the /on"essionaire !ith res$e"t to the +roBe"t

and its desi'n, en'ineerin', "onstr&"tion, o$eration and (aintenan"e, and !hi"h

is &sed or "reated 4y the /on"essionaire in $erfor(in' its o4%i'ations &nder the

A'ree(ent.

:0<: Rev%cati%n %) Sus!ensi%n

0..1 In the eent that the A&thority sha%% hae re"ti5ed or re(oed the "a&se of

S&s$ension !ithin a $eriod not e#"eedin' 0 ninety) days fro( the date of

S&s$ension, it sha%% reo>e the S&s$ension forth!ith and restore a%% ri'hts of the

/on"essionaire &nder this A'ree(ent. @or the aoidan"e of do&4t, the +artiese#$ress%y a'ree that the A&thority (ay, in its dis"retion, reo>e the S&s$ension at

any ti(e, !hether or not the "a&se of S&s$ension has 4een re"ti5ed or re(oed

here&nder.

0..2 L$on the /on"essionaire hain' "&red the /on"essionaire -efa&%t !ithin a

$eriod not e#"eedin' 0 ninety) days fro( the date of S&s$ension, the A&thority



sha%% reo>e the S&s$ension forth!ith and restore a%% ri'hts of the /on"essionaire

&nder this A'ree(ent.

:0<; Substituti%n %) C%ncessi%naire



At any ti(e d&rin' the $eriod of S&s$ension, the endersK Re$resentatie, on

4eha%f of Senior enders, sha%% 4e entit%ed to s&4stit&te the /on"essionaire &nder

and in a""ordan"e !ith the S&4stit&tion A'ree(ent, and &$on re"ei$t of noti"e

there&nder fro( the endersK Re$resentatie, the A&thority sha%% !ithho%d

Ter(ination for a $eriod not e#"eedin' 10 one h&ndred and ei'hty) days fro(

the date of S&s$ension, and any e#tension thereof &nder /%a&se 0.1, for ena4%in'

the endersK Re$resentatie to e#er"ise its ri'hts of s&4stit&tion on 4eha%f of Senior enders.

:0<= Ter&inati%n

0..1 At any ti(e d&rin' the $eriod of S&s$ension &nder this Arti"%e 0, the

/on"essionaire (ay 4y noti"e re7&ire the A&thority to reo>e the S&s$ension and

iss&e a Ter(ination Noti"e. S&4Be"t to the ri'hts of the endersK Re$resentatie to

&nderta>e s&4stit&tion in a""ordan"e !ith the $roisions of this A'ree(ent and

!ithin the $eriod s$e"ified in /%a&se 0., the A&thority sha%%, !ithin 1 5fteen)

days of re"ei$t of s&"h noti"e, ter(inate this A'ree(ent &nder and in a""ordan"e

!ith Arti"%e 1 as if it is a /on"essionaire -efa&%t &nder /%a&se 1.1.

0..2 Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, in the

eent that S&s$ension is not reo>ed !ithin 10 one h&ndred and ei'hty) days

fro( the date of S&s$ension here&nder or !ithin the e#tended $eriod, if any, set

forth in /%a&se 0.1, the /on"ession A'ree(ent sha%%, &$on e#$iry of the

aforesaid $eriod, 4e dee(ed to hae 4een ter(inated 4y (&t&a% a'ree(ent of

the +arties and a%% the $roisions of this A'ree(ent sha%% a$$%y, (&tatis (&tandis,

to s&"h Ter(ination as if a Ter(ination Noti"e had 4een iss&ed 4y the

A&thority &$on o""&rren"e of a /on"essionaire -efa&%t.



ARTICLE:.

TER'INATION

:.<. Ter&inati%n )%r C%ncessi%naire De)ault

1.1.1 Sae as other!ise $roided in this A'ree(ent, in the eent that any of the

defa&%ts s$e"ified 4e%o! sha%% hae o""&rred, and the /on"essionaire fai%s to "&re

the defa&%t !ithin the /&re +eriod set forth 4e%o!, or !here no /&re +eriod is

s$e"ified, then !ithin a /&re +eriod of P0 si#ty) days, the /on"essionaire sha%% 4e

dee(ed to 4e in defa&%t of this A'ree(ent the C%ncessi%naire De)ault3),

&n%ess the defa&%t has o""&rred as a res&%t of any 4rea"h of this A'ree(ent 4y the

A&thority or d&e to @or"e MaBe&re. The defa&%ts referred to herein sha%% in"%&de the

fo%%o!in'=

a) The +erfor(an"e Se"&rity has 4een en"ashed and a$$ro$riated ina""ordan"e !ith /%a&se .2 and the /on"essionaire fai%s to re$%enish or

$roide fresh +erfor(an"e Se"&rity !ithin a /&re +eriod of 1 5fteen) daysJ

4) s&4se7&ent to the re$%enish(ent or f&rnishin' of fresh +erfor(an"e

Se"&rity in a""ordan"e !ith /%a&se .2, the /on"essionaire fai%s to (eet

any /ondition +re"edent or "&re the /on"essionaire -efa&%t, as the "ase

(ay 4e, for !hi"h !ho%e or $art of the +erfor(an"e Se"&rity !as

a$$ro$riated, !ithin a /&re +eriod of 120 one h&ndred and t!enty) daysJ

") the /on"essionaire does not a"hiee the %atest o&tstandin' +roBe"t

Mi%estone d&e in a""ordan"e !ith the $roisions of S"hed&%e<G and

"ontin&es to 4e in defa&%t for 120 one h&ndred and t!enty) daysJd) The /on"essionaire a4andons or (anifests intention to a4andon the

"onstr&"tion or o$eration of the +roBe"t !itho&t the $rior !ritten "onsent of

the A&thorityJ

e) /*- does not o""&r !ithin the $eriod s$e"ified in /%a&se 12..J

f) the +&n"h ist ite(s hae not 4een "o($%eted !ithin the $eriod set forthin /%a&se 1..1J

') the /on"essionaire is in 4rea"h of the Maintenan"e Re7&ire(ents or the

Safety Re7&ire(ents, as the "ase (ay 4eJ

h) the /on"essionaire has fai%ed to (a>e any $ay(ent to the A&thority!ithin the $eriod

s$e"ified in this A'ree(entJi) an Es"ro! -efa&%t has o""&rred and the /on"essionaire fai%s to "&re thedefa&%t !ithin a /&re

+eriod of 1 5fteen) daysJ

B) &$on o""&rren"e of a @inan"ia% -efa&%t, the endersK Re$resentatie has

4y noti"e re7&ired the A&thority to &nderta>e S&s$ension or Ter(ination,

as the "ase (ay 4e, in a""ordan"e !ith the S&4stit&tion A'ree(ent and the

/on"essionaire fai%s to "&re the defa&%t !ithin the /&re +eriod s$e"ified

hereina4oeJ

>) a 4rea"h of any of the +roBe"t A'ree(ents 4y the /on"essionaire has"a&sed a Materia%

Aderse Ee"tJ%) the /on"essionaire "reates any En"&(4ran"e in 4rea"h of this A'ree(entJ

() the /on"essionaire re$&diates this A'ree(ent or other!ise ta>es any

a"tion or eiden"es or "oneys an intention not to 4e 4o&nd 4y the

A'ree(entJ



n) a /han'e in *!nershi$ has o""&rred in 4rea"h of the $roisions of /%a&se.J

o) there is a transfer, $&rs&ant to %a! either of i) the ri'hts andor

o4%i'ations of the /on"essionaire &nder any of the +roBe"t A'ree(ents, or

of ii) a%% or $art of the assets or &nderta>in' of the /on"essionaire, and

s&"h transfer "a&ses a Materia% Aderse Ee"tJ$) an e#e"&tion %eied on any of the assets of the /on"essionaire has "a&seda Materia% Aderse

Ee"tJ



7) the /on"essionaire is adB&d'ed 4an>r&$t or inso%ent, or if a tr&stee or

re"eier is a$$ointed for the /on"essionaire or for the !ho%e or (ateria%

$art of its assets that has a (ateria% 4earin' on the +roBe"tJ

r) the /on"essionaire has 4een, or is in the $ro"ess of 4ein' %i7&idated,

disso%ed, !o&nd<&$, a(a%'a(ated or re"onstit&ted in a (anner that !o&%d

"a&se, in the reasona4%e o$inion of the A&thority, a Materia% Aderse Ee"tJ

s) a reso%&tion for !indin' &$ of the /on"essionaire is $assed, or any $etitionfor !indin' &$ of the /on"essionaire is ad(itted 4y a "o&rt of

"o($etent B&risdi"tion and a $roisiona% %i7&idator or re"eier is

a$$ointed and s&"h order has not 4een set aside !ithin 0 ninety) days

of the date thereof or the /on"essionaire is ordered to 4e !o&nd &$ 4y a

"o&rt e#"e$t for the $&r$ose of a(a%'a(ation or re"onstr&"tionJ $roided

that, as $art of s&"h a(a%'a(ation or re"onstr&"tion, the entire $ro$erty,

assets and &nderta>in' of the /on"essionaire are transferred to the

a(a%'a(ated or re"onstr&"ted entity and that the a(a%'a(ated or

re"onstr&"ted entity has &n"onditiona%%y ass&(ed the o4%i'ations of the

/on"essionaire &nder this A'ree(ent and the +roBe"t A'ree(entsJ and

$roided that=I) the a(a%'a(ated or re"onstr&"ted entity has the "a$a4i%ity and

o$eratin' e#$erien"e ne"essary for the $erfor(an"e of its o4%i'ations

&nder this A'ree(ent and the +roBe"t A'ree(entsJ

ii) the a(a%'a(ated or re"onstr&"ted entity has the finan"ia%

standin' to $erfor( its o4%i'ations &nder this A'ree(ent and the

+roBe"t A'ree(ents and has a "redit !orthiness at %east as 'ood as

that of the /on"essionaire as at the A$$ointed -ateJ and

iii) Ea"h of the +roBe"t A'ree(ents re(ains in f&%%for"e and ee"tJ

t) any re$resentation or !arranty of the /on"essionaire herein "ontained

!hi"h is, as of the date hereof, fo&nd to 4e (ateria%%y fa%se, in"orre"t or

(is%eadin' or the /on"essionaire is at any ti(e hereafter fo&nd to 4e in

4rea"h thereofJ

&) the /on"essionaire s&4(its to the A&thority any state(ent, noti"e or

other do"&(ent, in !ritten or e%e"troni" for(, !hi"h has a (ateria% ee"t

on the A&thorityKs ri'hts, o4%i'ations or interests and !hi"h is fa%se in

(ateria% $arti"&%arsJ

) the /on"essionaire has fai%ed to f&%fi%% any o4%i'ation, for !hi"h fai%&re

Ter(ination has 4een s$e"ified in this A'ree(entJ

!) the /on"essionaire iss&es a Ter(ination Noti"e in io%ation of this A'ree(entJ

#) the /on"essionaire "o((its a defa&%t in "o($%yin' !ith any other $roision

of this A'ree(ent if s&"h defa&%t "a&ses a Materia% Aderse Ee"t on the

A&thority.

1.1.2 itho&t $reB&di"e to any other ri'hts or re(edies !hi"h the A&thority

(ay hae &nder this A'ree(ent, &$on o""&rren"e of a /on"essionaire -efa&%t,

the A&thority sha%% 4e entit%ed to ter(inate this A'ree(ent 4y iss&in' a

Ter(ination Noti"e to the /on"essionaireJ $roided that 4efore iss&in' the

Ter(ination Noti"e, the A&thority sha%% 4y a noti"e infor( the /on"essionaire of its

intention to iss&e s&"h Ter(ination Noti"e and 'rant 1 5fteen) days to the

/on"essionaire to (a>e a re$resentation, and (ay after the e#$iry of s&"h 1

5fteen) days, !hether or not it is in re"ei$t of s&"h re$resentation, iss&e the Ter(ination Noti"e, s&4Be"t to the $roisions of /%a&se 1.1..

1.1. The A&thority sha%%, if there 4e Senior enders, send a "o$y of its noti"e of

intention to iss&e a Ter(ination Noti"e referred to in /%a&se 1.1.2 to infor( the

endersK Re$resentatie and 'rant 1 5fteen) days to the endersK

Re$resentatie, for (a>in' a re$resentation on 4eha%f of the Senior enders



statin' the intention to s&4stit&te the /on"essionaire in a""ordan"e !ith the

S&4stit&tion A'ree(ent. In the eent the A&thority re"eies s&"h re$resentation

on 4eha%f of Senior enders, it sha%%, in its dis"retion, either !ithho%d Ter(ination

for a $eriod not e#"eedin' 10 one h&ndred and ei'hty) days fro( the date of

s&"h re$resentation or e#er"ise its ri'ht of S&s$ension, as the "ase (ay



4e, for ena4%in' the endersK Re$resentatie to e#er"ise the Senior endersri'ht of s&4stit&tion in

a""ordan"e !ith the S&4stit&tionA'ree(ent=

+roided that the endersK Re$resentatie (ay, instead of e#er"isin' the Senior

endersK ri'ht of s&4stit&tion, $ro"&re that the defa&%t s$e"ified in the noti"e is"&red !ithin the aforesaid $eriod of

10 one h&ndred and ei'hty) days, and &$on s&"h "&rin' thereof, the A&thority

sha%% !ithdra! its noti"e referred to a4oe and restore a%% the ri'hts of the

/on"essionaire.

+roided f&rther that &$on !ritten re7&est fro( the endersK Re$resentatie and

the /on"essionaire, the A&thority sha%% e#tend the aforesaid $eriod of 10 one

h&ndred and ei'hty) days 4y s&"h f&rther $eriod not e#"eedin' 0 ninety) days,

as the A&thority (ay dee( a$$ro$riate.

:.<9 Ter&inati%n )%r Aut%rit$ De)ault

1.2.1 In the eent that any of the defa&%ts s$e"ified 4e%o! sha%% hae o""&rred, and

the A&thority fai%s to "&re s&"h defa&%t !ithin a /&re +eriod of 0 ninety) days or

s&"h %on'er $eriod as has 4een e#$ress%y $roided in this A'ree(ent, the

A&thority sha%% 4e dee(ed to 4e in defa&%t of this A'ree(ent the 1Aut%rit$

De)ault2) &n%ess the defa&%t has o""&rred as a res&%t of any 4rea"h of this

A'ree(ent 4y the /on"essionaire or d&e to @or"e MaBe&re. The defa&%ts

referred to herein sha%% in"%&de the fo%%o!in'=

a) The A&thority "o((its a (ateria% defa&%t in "o($%yin' !ith any of the$roisions of this

A'ree(ent and s&"h defa&%t has a Materia% Aderse Effe"t on the

/on"essionaireJ

4) The A&thority has fai%ed to (a>e any $ay(ent to the /on"essionaire

!ithin the $eriod s$e"ified in this A'ree(entJ

") The A&thority fai%s to $roide, !ithin a $eriod of 10 one h&ndred and

ei'hty days) fro( the A$$ointed -ate, the Ri'ht of ay and other stat&tory

"%earan"es re7&ired for "onstr&"tion of the +roBe"tJ or

d) The A&thority re$&diates this A'ree(ent or other!ise ta>es any a"tion

that a(o&nts to or (anifests an irreo"a4%e intention not to 4e 4o&nd 4y

this A'ree(ent.

1.2.2 itho&t $reB&di"e to any other ri'ht or re(edy !hi"h the /on"essionaire

(ay hae &nder this A'ree(ent, &$on o""&rren"e of an A&thority -efa&%t,

the /on"essionaire sha%%, s&4Be"t to the $roisions of the S&4stit&tion

A'ree(ent, 4e entit%ed to ter(inate this A'ree(ent 4y iss&in' a Ter(ination

Noti"e to the A&thorityJ $roided that 4efore iss&in' the Ter(ination Noti"e, the

/on"essionaire sha%% 4y a noti"e infor( the A&thority of its intention to iss&e the

Ter(ination Noti"e and 'rant 1 5fteen) days to the A&thority to (a>e a

re$resentation, and (ay after the e#$iry of s&"h

1 5fteen) days, !hether or not it is in re"ei$t of s&"h re$resentation, iss&e the Ter(ination Noti"e.

:.<: Ter&inati%n Pa$&ent

1..1 L$on Ter(ination on a""o&nt of a /on"essionaire -efa&%t d&rin' the *$eration

+eriod, the A&thority sha%% $ay to the /on"essionaire, 4y !ay of Ter(ination

+ay(ent, an a(o&nt e7&a% to PQ si#ty fie $er "ent) of the s&( of Ann&ity

+ay(ents re(ainin' &n$aid for and in res$e"t of the /on"ession +eriod,



in"%&din' interest thereon &$ to the Transfer -ateJ $roided that if any

ins&ran"e "%ai(s for(in' $art of the Ins&ran"e /oer are not ad(itted and $aid,

then 0Q ei'hty $er "ent) of s&"h &n$aid "%ai(s sha%% 4e in"%&ded in the

"o($&tation of -e4t -&e.

1..2 Not!ithstandin' to the $roisions of /%a&se 1..1 &$on Ter(ination on

a""o&nt of /on"essionaire -efa&%t d&rin' the /onstr&"tion +eriod, the Ter(ination

+ay(ent sha%% 4e 4ased on the +ay(ent Mi%estone a"hieed !hi"h is in ter(s of the +hysi"a% +ro'ress (ade 4y the /on"essionaire in the



+roBe"t and the Ter(ination +ay(ent "orres$ondin' to the a"hieed +ay(ent

Mi%estone sha%% 4e as fo%%o!s=

Pa$&ent Ter&inati%n

1st +ay(ent NI

2nd

+ay(ent

0Q of -e4t -&e or Q of 6id +roBe"t /ost ,

!hi"heer is %o!er

n+ay(ent P0Q of -e4t -&e or 1PQ of 6id +roBe"t /ost ,

th +ay(ent O0Q of -e4t -&e or 2Q of 6id +roBe"t /ost ,

th +ay(ent 0Q of -e4t -&e or 2Q of 6id +roBe"t /ost ,

@or the aoidan"e of do&4t, it is "%ari5ed that in "ase of ter(ination ha$$enin' in

4et!een t!o +ay(ent Mi%estones, for the $&r$ose of "a%"&%ation of Ter(ination

+ay(ent, the (i%estone a"hieed !o&%d on%y 4e "onsidered.

1.. L$on Ter(ination on a""o&nt of an A&thority -efa&%t, the A&thority sha%% $ay to

the /on"essionaire, 4y !ay of Ter(ination +ay(ent, an a(o&nt e7&a% to=

i) In "ase the ter(ination o""&rs$rior to /*-

a) -e4t -&e $ay(ent "a%"&%ated as $er the ta4%e 4e%o! %ess Ins&ran"e

/oerJ $roided that if any ins&ran"e "%ai(s for(in' $art of the

Ins&ran"e /oer are not ad(itted and $aid, then 0Q ei'hty $er

"ent) of s&"h &n$aid "%ai(s sha%% 4e in"%&ded in the "o($&tation of

-e4t -&e. @&rther the -e4t -&e !o&%d 4e "a%"&%ated as $er the ta4%e

$roided 4e%o!=

Pa$&ent Basis %) calculati%n )%r Debt Due

1s +ay(ent -e4t -&e or Q of 6id +roBe"t /ost , !hi"heer is2

n+ay(ent -e4t -&e or 1Q of 6id +roBe"t /ost , !hi"heer

n

+ay(ent -e4t -&e or 2OQ of 6id +roBe"t /ost , !hi"heer

th +ay(ent -e4t -&e or .OQ of 6id +roBe"t /ost ,

th +ay(ent -e4t -&e or 0.0Q of 6id +roBe"t /ost ,

@or the aoidan"e of do&4t, it is "%ari5ed that in "ase of ter(inationha$$enin' in

4et!een t!o +ay(ent Mi%estones, for the $&r$ose of "a%"&%ation of

-e4t -&e, the (i%estone a"hieed !o&%d on%y 4e "onsideredJ and

4) 10Q one h&ndred and 5fty $er "ent) of the AdB&sted E7&ityJ

ii) In "ase the ter(ination o""&rs on or after /*-, the A&thority sha%% $ay to

the /on"essionaire, 4y !ay of Ter(ination +ay(ent, an a(o&nt e7&a% to

s&( of Ann&ity +ay(ents re(ainin' &n$aid for and in res$e"t of the

/on"ession +eriod, in"%&din' interest thereon &$ to the Transfer -ate.

1.. Ter(ination +ay(ent sha%% 4e"o(e d&e and $aya4%e to the /on"essionaire

!ithin 1 5fteen) days of a de(and 4ein' (ade 4y the /on"essionaire to the

A&thority !ith the ne"essary $arti"&%ars, and in the eent of any de%ay, the

A&thority sha%% $ay interest at a rate e7&a% to Q three $er "ent) a4oe the dai%y

aera'e 6an> Rate on the a(o&nt of Ter(ination +ay(ent re(ainin' &n$aidJ

$roided that s&"h de%ay sha%% not e#"eed 0 ninety) days. @or the aoidan"e of

do&4t, it is e#$ress%y a'reed that Ter(ination +ay(ent sha%% "onstit&te f&%%dis"har'e 4y the A&thority of its $ay(ent o4%i'ations in res$e"t thereof here&nder.



1.. The /on"essionaire e#$ress%y a'rees that Ter(ination +ay(ent &nder this

Arti"%e 1 sha%% "onstit&te a f&%% and fina% sett%e(ent of a%% "%ai(s of the

/on"essionaire on a""o&nt of Ter(ination of this A'ree(ent for any reason

!hatsoeer and that the /on"essionaire or any shareho%der thereof sha%% not

hae any f&rther ri'ht or "%ai( &nder any %a!, treaty, "onention, "ontra"t or

other!ise.

:.<; Certain li&itati%ns %n Ter&inati%n Pa$&ent

1..1 Ter(ination +ay(ent d&e and $aya4%e &nder this A'ree(ent sha%% 4e "o($&ted

!ith referen"e to the -e4t -&e, as the "ase (ay 4e, in a""ordan"e !ith the

$roisions of this A'ree(ent. @or the aoidan"e of do&4t, the +arties a'ree that

!ithin a $eriod of P0 si#ty) days fro( /*-, the /on"essionaire sha%% notify to the

A&thority, the Tota% +roBe"t /ost as on /*- and its disa''re'ation 4et!een -e4t

-&e and E7&ity, and on%y the a(o&nts so "oneyed sha%% for( the 4asis of

"o($&tin' Ter(ination +ay(ent. The +arties f&rther a'ree that in the eent s&"h

disa''re'ation is not noti5ed to the A&thority, the E7&ity and -e4t -&e sha%% 4e

arried at 4y ado$tin' the $ro$ortion 4et!een de4t and e7&ity as s$e"ified in the

@inan"in' A'ree(ents. The +arties a%so a'ree that for the $&r$oses of "o($&tin'

Ter(ination +ay(ent, the -e4t -&e sha%% at no ti(e e#"eed Q ei'hty 5e $er

"ent) of the Tota% +roBe"t /ost.

1..2 The a(o&nt $aya4%e in res$e"t of any -e4t -&e e#$ressed in forei'n "&rren"y

sha%% 4e "o($&ted at the Referen"e E#"han'e Rate for "onersion into the

re%eant forei'n "&rren"y as on the date of Ter(ination +ay(ent. +roided,

ho!eer, that the $roisions of this /%a&se 1..2 sha%% not a$$%y if the

/on"essionaire does not notify the $arti"&%ars of any forei'n "&rren"y %oans !ithin

P0 si#ty) days of the date of "onersion of s&"h forei'n "&rren"y %oans into Indian

"&rren"y. +roided f&rther that a%% 4orro!in's in forei'n "&rren"y sha%% 4e

restri"ted to the 5nan"in' of Tota% +roBe"t /ost and any 4orro!in's in e#"essthereof sha%% not 7&a%ify for "o($&tation of Ter(ination +ay(ent. It is "%arified

that the rate of "onersion of s&"h forei'n "&rren"y sha%% 4e "a%"&%ated on the date

on !hi"h the A'ree(ent is ter(inated.

:.<= Oter ri"ts an* %bli"ati%ns %) te Aut%rit$

L$on Ter(ination for any reason !hatsoeer, the A&thority sha%%=

a) 6e dee(ed to hae ta>en $ossession and "ontro% of the +roBe"t forth!ithJ

4) Ta>e $ossession and "ontro% of a%% (ateria%s, stores, i($%e(ents,

"onstr&"tion $%ants and e7&i$(ent on or a4o&t the SiteJ

") 6e entit%ed to restrain the /on"essionaire and any $erson "%ai(in'thro&'h or &nder the

/on"essionaire fro( enterin' &$on the Site or any $art of the +roBe"tJ

d) Re7&ire the /on"essionaire to "o($%y !ith the -iest(ent Re7&ire(entsset forth in /%a&se

2.1J and

e) s&""eed &$on e%e"tion 4y the A&thority, !itho&t the ne"essity of any

f&rther a"tion 4y the /on"essionaire, to the interests of the /on"essionaire

&nder s&"h of the +roBe"t A'ree(ents as the A&thority (ay in its dis"retion

dee( a$$ro$riate, and sha%% &$on s&"h e%e"tion 4e %ia4%e to the /ontra"tors

on%y for "o($ensation a""r&in' and 4e"o(in' d&e and $aya4%e to the(

&nder the ter(s of their res$e"tie +roBe"t A'ree(ents fro( and after the

date the A&thority e%e"ts to s&""eed to the interests of the /on"essionaire.

@or the aoidan"e of do&4t, the /on"essionaire a">no!%ed'es and a'rees

that a%% s&(s "%ai(ed 4y s&"h /ontra"tors as 4ein' < d&e and o!in' for



!or>s and seri"es $erfor(ed or a""r&in' on a""o&nt of any a"t, o(ission

or eent $rior to s&"h date sha%% "onstit&te de4t 4et!een the /on"essionaire

and s&"h /ontra"tors, and the A&thority sha%% not in any (anner 4e %ia4%e

for s&"h s&(s. It is f&rther



a'reed that in the eent the A&thority e%e"ts to "&re any o&tstandin'

defa&%ts &nder s&"h +roBe"t A'ree(ents, the a(o&nt e#$ended 4y the

A&thority for this $&r$ose sha%% 4e ded&"ted fro( the Ter(ination

+ay(ent.

:.<> Survival %) ri"ts

Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, 4&t

s&4Be"t to the $roisions of /%a&se 1.., any Ter(ination $&rs&ant to the

$roisions of this A'ree(ent sha%% 4e !itho&t $reB&di"e to the a""r&ed ri'hts of

either +arty in"%&din' its ri'ht to "%ai( and re"oer (oney da(a'es, ins&ran"e

$ro"eeds, se"&rity de$osits, and other ri'hts and re(edies, !hi"h it (ay hae in

%a! or "ontra"t. A%% ri'hts and o4%i'ations of either +arty &nder this A'ree(ent,

in"%&din' Ter(ination +ay(ents and -iest(ent Re7&ire(ents, sha%% s&rie the

Ter(ination to the e#tent s&"h s&ria% is ne"essary for 'iin' ee"t to s&"h ri'hts

and o4%i'ations.



ARTICLE:9

DIVEST'ENT O6 RI(HTS ANDINTEREST

:9<. Divest&ent Re4uire&ents

2.1.1 L$on Ter(ination, the /on"essionaire sha%% "o($%y !ith and "onfor( to thefo%%o!in' -iest(ent

Re7&ire(ents=

a) Notify to the A&thority forth!ith the %o"ation and $arti"&%ars of a%% +roBe"t AssetsJ

4) de%ier forth!ith the a"t&a% or "onstr&"tie $ossession of the +roBe"t,free and "%ear of a%%

En"&(4ran"es, sae and e#"e$t to the e#tent set forth in the

S&4stit&tion A'ree(entJ

") "&re a%% +roBe"t Assets, in"%&din' the road, 4rid'es, str&"t&res and

e7&i$(ent, of a%% defe"ts and de5"ien"ies so that the +roBe"t is

"o($%iant !ith the Maintenan"e Re7&ire(entsJ $roided that in the eent

of Ter(ination d&rin' the /onstr&"tion +eriod, a%% +roBe"t Assets sha%% 4e

handed oer on âs is !here isK 4asis after 4rin'in' the( to a safe "onditionJ

d) de%ier and transfer re%eant re"ords, re$orts, Inte%%e"t&a% +ro$erty

and other %i"enses $ertainin' to the +roBe"t and its desi'n,

en'ineerin', "onstr&"tion, o$eration and (aintenan"e, in"%&din' a%%

$ro'ra((ers and (an&a%s $ertainin' thereto, and "o($%ete âs 4&i%tK

-ra!in's as on the Transfer -ate. @or the aoidan"e of do&4t, the

/on"essionaire re$resents and !arrants that the Inte%%e"t&a% +ro$erty

de%iered here&nder sha%% 4e ade7&ate and "o($%ete for the desi'n,

en'ineerin', "onstr&"tion, o$eration and (aintenan"e of the +roBe"t and

sha%% 4e assi'ned to the A&thority free of any En"&(4ran"eJ

e) Transfer andor de%ier a%% A$$%i"a4%e +er(its to the e#tent $er(issi4%e

&nder A$$%i"a4%e a!sJ f) e#e"&te s&"h deeds of "oneyan"e, do"&(ents

and other !ritin's as the A&thority (ay

reasona4%y re7&ire for "oneyin', diestin' and assi'nin' a%% the ri'hts, tit%eand interest of the

/on"essionaire in the +roBe"t Assets, in"%&din' (an&fa"t&rersK !arranties in

res$e"t of any $%ant or e7&i$(ent and the ri'ht to re"eie o&tstandin'

ins&ran"e "%ai(s to the e#tent d&e and $aya4%e to the A&thority, a4so%&te%y

&nto the A&thority or its no(ineeJ and

') /o($%y !ith a%% other re7&ire(ents as (ay 4e $res"ri4ed or re7&ired

&nder A$$%i"a4%e a!s for "o($%etin' the diest(ent and assi'n(ent of a%%

ri'hts, tit%e and interest of the /on"essionaire in the +roBe"t, free fro( a%%

En"&(4ran"es, a4so%&te%y &nto the A&thority or to its no(inee.

2.1.2 S&4Be"t to the e#er"ise 4y the A&thority of its ri'hts &nder this A'ree(ent or&nder any of the +roBe"t A'ree(ents to $erfor( or $ro"&re the $erfor(an"e 4y a

third $arty of any of the o4%i'ations of the /on"essionaire, the +arties sha%%

"ontin&e to $erfor( their o4%i'ations &nder this A'ree(ent, not!ithstandin' the

iss&an"e of any Ter(ination Noti"e, &nti% the Ter(ination of this A'ree(ent

4e"o(es effe"tie in a""ordan"e !ith its ter(s.



:9<9 Ins!ecti%n an* cure

Not ear%ier than 0 ninety) days $rior to Ter(ination 4&t not %ater than 1

5fteen) days $rior to the ee"tie date of s&"h Ter(ination, the Inde$endent

En'ineer sha%% erify, after 'iin' d&e noti"e to the /on"essionaire s$e"ifyin' the

ti(e, date and $%a"e of s&"h erifi"ation andor ins$e"tion, "o($%ian"e 4y the

/on"essionaire !ith the Maintenan"e Re7&ire(ents, and if re7&ired, "a&se

a$$ro$riate tests to 4e "arried o&t at the /on"essionaireKs "ost for this $&r$ose.-efa&%ts, if any, in the Maintenan"e Re7&ire(ents sha%% 4e "&red 4y the

/on"essionaire at its "ost and the $roisions of



Arti"%e sha%% a$$%y, (&tatis (&tandis, in re%ation to "&rin' of defe"ts ordefi"ien"ies &nder this

Arti"%e2.

:9<: C%%!erati%n an* assistance %n trans)er %) Pr%+ect

2..1 The +arties sha%% "oo$erate on a 4est eort 4asis and ta>e a%% ne"essary

(eas&res, in 'ood faith, to a"hiee a s(ooth transfer of the +roBe"t in a""ordan"e

!ith the $roisions of this A'ree(ent so as to $rote"t the safety of and aoid

&nd&e de%ay or in"onenien"e to the Lsers, other (e(4ers of the $&4%i" or the

%a!f&% o""&$iers of any $art of the Site.

2..2 The +arties sha%% $roide to ea"h other, nine) (onths $rior to the Transfer

-ate in the eent of Ter(ination 4y e_&# of ti(e and i((ediate%y in the eent

of either +arty "oneyin' to the other +arty its intent to iss&e a Ter(ination

Noti"e, as the "ase (ay 4e, as (&"h infor(ation and adi"e as is reasona4%y

$ra"ti"a4%e re'ardin' the $ro$osed arran'e(ents for o$eration of the +roBe"t

fo%%o!in' the Transfer -ate. The /on"essionaire sha%% f&rther $roide s&"hreasona4%e adi"e and assistan"e as the A&thority, its "on"essionaire or a'ent

(ay reasona4%y re7&ire for o$eration of the +roBe"t &nti% the e#$iry of P si#)

(onths after the Transfer -ate.

2.. The A&thority sha%% hae the o$tion to $&r"hase or hire fro( the /on"essionaire

at a fair (ar>et a%&e and free fro( any en"&(4ran"e a%% or any $art of the $%ant

and (a"hinery &sed in "onne"tion !ith the +roBe"t 4&t !hi"h does not for( $art

of the assets s$e"ified in /%a&se 2.1.1 and is reasona4%y re7&ired in "onne"tion

!ith o$eration of the +roBe"t. @or the aoidan"e of do&4t, in the eent of dis$&te or

differen"e re%atin' to fair (ar>et a%&e, the -is$&te Reso%&tion +ro"ed&re sha%%

a$$%y.

:9<; Vestin" Certi)icate

The diest(ent of a%% ri'hts, tit%e and interest in the +roBe"t sha%% 4e dee(ed to

4e "o($%ete on the date !hen a%% of the -iest(ent Re7&ire(ents hae 4een

f&%fi%%ed, and the A&thority sha%%, !itho&t &nreasona4%e de%ay, there&$on iss&e a

"erti5"ate s&4stantia%%y in the for( set forth in S"hed&%e<8 the 1Vestin"

Certi)icate2), !hi"h !i%% hae the effe"t of "onstit&tin' eiden"e of diest(ent 4y

the /on"essionaire of a%% of its ri'hts, tit%e and interest in the +roBe"t, and their

estin' in the A&thority $&rs&ant hereto. It is e#$ress%y a'reed that any defe"t or

defi"ien"y in the -iest(ent Re7&ire(ents sha%% not in any (anner 4e "onstr&ed

or inter$reted as restri"tin' the e#er"ise of any ri'hts 4y the A&thority or itsno(inee on, or in res$e"t of, the +roBe"t on the footin' that a%% -iest(ent

Re7&ire(ents hae 4een "o($%ied !ith 4y the /on"essionaire.

:9<= Divest&ent c%sts etc<

2..1 The /on"essionaire sha%% 4ear and $ay a%% "osts in"identa% to diest(ent of a%% of

the ri'hts, tit%e and interest of the /on"essionaire in the +roBe"t Assets in faor of

the A&thority &$on Ter(ination, sae and e#"e$t that a%% sta($ d&ties $aya4%e on

any deeds or -o"&(ents e#e"&ted 4y the /on"essionaire in "onne"tion !ith s&"h

-iest(ent sha%% 4e 4orne 4y the A&thority.

2..2 In the eent of any -is$&te re%atin' to (atters "oered 4y and &nder thisArti"%e 2, the -is$&te

Reso%&tion +ro"ed&re sha%%a$$%y.



ARTICLE::

DE6ECTS LIABILITY A6TERTER'INATION

::<. Liabilit$ )%r *e)ects a)ter Ter&inati%n

The /on"essionaire sha%% 4e res$onsi4%e for a%% defe"ts and de5"ien"ies in the+roBe"t for a $eriod of

120 one h&ndred and t!enty) days after Ter(ination, and it sha%% hae the

o4%i'ation to re$air or re"tify, at its o!n "ost, a%% defe"ts and de5"ien"ies

o4sered 4y the Inde$endent En'ineer in the +roBe"t d&rin' the aforesaid

$eriod. In the eent that the /on"essionaire fai%s to re$air or re"tify s&"h defe"t or

de5"ien"y !ithin a $eriod of 1 5fteen) days fro( the date of noti"e iss&ed 4y the

A&thority in this 4eha%f, the A&thority sha%% 4e entit%ed to 'et the sa(e re$aired or

re"tified at the /on"essionaireKs ris> and "ost so as to (a>e the +roBe"t "onfor(

to the Maintenan"e Re7&ire(ents. A%% "osts in"&rred 4y the A&thorityhere&nder sha%% 4e rei(4&rsed 4y the /on"essionaire to the A&thority !ithin

1 5fteen) days of re"ei$t of de(and thereof, and in the eent of defa&%t in

rei(4&rsin' s&"h "osts, the A&thority sha%% 4e entit%ed to re"oer the sa(e fro(

the f&nds retained in the Es"ro! A""o&nt &nder the $roisions of /%a&se .2 or

fro( the +erfor(an"e G&arantee $roided there&nder. @or the aoidan"e of do&4t,

the $roisions of this Arti"%e sha%% not a$$%y if Ter(ination o""&rs $rior to /*-.

::<9 Retenti%n in Escr%# Acc%unt

.2.1 Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, 4&t

s&4Be"t to the $roisions of /%a&se .2., a s&( e7&a% to 1Q 5fteen $er "ent)

of the Ann&ity +ay(ent d&e and $aya4%e i((ediate%y $re"edin' the Transfer -atesha%% 4e retained in the Es"ro! A""o&nt for a $eriod of 120 one h&ndred and

t!enty) days after Ter(ination for (eetin' the %ia4i%ities, if any, arisin' o&t of or in

"onne"tion !ith the $roisions of /%a&se .1.

.2.2 itho&t $reB&di"e to the $roisions of /%a&se .2.1, the Inde$endent En'ineer

sha%% "arry o&t an ins$e"tion of the +roBe"t at any ti(e 4et!een 210 t!o h&ndred

and ten) and 10 one h&ndred and ei'hty) days $rior to the Ter(ination and if it

re"o((ends that the stat&s of the +roBe"t is s&"h that a s&( %ar'er than the

a(o&nt sti$&%ated in /%a&se .2.1 sho&%d 4e retained in the Es"ro! A""o&nt and

for a $eriod %on'er than the aforesaid 120 one h&ndred and t!enty) days, the

a(o&nt re"o((ended 4y the Inde$endent En'ineer sha%% 4e retained in theEs"ro! A""o&nt for the $eriod s$e"ified 4y it.

.2. The /on"essionaire (ay, for the $erfor(an"e of its o4%i'ations &nder thisArti"%e , $roide to the

A&thority a '&arantee fro( a 6an> for a s&( e7&ia%ent to the a(o&ntdeter(ined &nder /%a&se

.2.1 or .2.2, as the "ase (ay 4e, and for the $eriod s$e"ified therein,

s&4stantia%%y in the for( set forth in S"hed&%e<@ the 1Per)%r&ance

(uarantee3), to 4e (odified, (&tatis (&tandis, for this $&r$ose, and the

A&thority sha%%, !itho&t $reB&di"e to its other ri'hts and re(edies here&nder or in

%a!, 4e entit%ed to en"ash and a$$ro$riate the re7&ired a(o&nts fro( the

+erfor(an"e G&arantee for &nderta>in' the re$airs or re"tifi"ation at the

/on"essionaireKs ris> and "ost in a""ordan"e !ith the $roisions of this Arti"%e .

L$on f&rnishin' of a +erfor(an"e G&arantee &nder this /%a&se .2., the

retention of f&nds in the Es"ro! A""o&nt in ter(s of /%a&se .2.1 or .2.2, as

the "ase (ay 4e, sha%% 4e dis$ensed !ith.



PartVI

Oter

Pr%visi%ns



ARTICLE:;

ASSI(N'ENT ANDCHAR(ES

:;<. Restricti%ns %n assi"n&ent an* car"es

.1.1 S&4Be"t to /%a&ses .2 and ., this A'ree(ent sha%% not 4e assi'ned 4y the

/on"essionaire to any $erson, sae and e#"e$t !ith the $rior "onsent in

!ritin' of the A&thority, !hi"h "onsent the A&thority sha%% 4e entit%ed to

de"%ine !itho&t assi'nin' any reason.

.1.2 S&4Be"t to the $roisions of /%a&se .2, the /on"essionaire sha%% not "reate nor

$er(it to s&4sist any En"&(4ran"e, or other!ise transfer or dis$ose of a%% or any

of its ri'hts and 4ene5ts &nder this A'ree(ent or any +roBe"t A'ree(ent to !hi"h

the /on"essionaire is a $arty, e#"e$t !ith $rior "onsent in !ritin' of the A&thority,

!hi"h "onsent the A&thority sha%% 4e entit%ed to de"%ine !itho&t assi'nin' anyreason.

:;<9 Per&itte* assi"n&ent an* car"es

The restraints set forth in /%a&se .1 sha%% not a$$%y to=

a) %iens arisin' 4y o$eration of %a! or 4y an a'ree(ent eiden"in' the

sa(e) in the ordinary "o&rse of 4&siness of the +roBe"tJ

4) (ort'a'es$%ed'eshy$othe"ation of 'oodsassets other than +roBe"t Assets

and their re%ated do"&(ents of tit%e, arisin' or "reated in the ordinary

"o&rse of 4&siness of the +roBe"t, and as se"&rity on%y for inde4tedness to

the Senior enders &nder the @inan"in' A'ree(ents andor for !or>in'"a$ita% arran'e(ents for the +roBe"t. @or the aoidan"e of do&4t, the Senior

enders !o&%d 4e entit%ed to "reate a %ien on the Es"ro! A""o&nt, s&4Be"t to

and !itho&t $reB&di"e to the ri'hts of the A&thority &nder this A'ree(entJ

") assi'n(ent of ri'hts, interest and o4%i'ations of the /on"essionaire to

or in faor of the endersK Re$resentatie as no(inee and for the 4ene5t

of the Senior enders, to the e#tent "oered 4y and in a""ordan"e !ith the

S&4stit&tion A'ree(ent as se"&rity for 5nan"in' $roided 4y Senior enders

&nder the @inan"in' A'ree(entsJ and

d) iens or en"&(4ran"es re7&ired 4y any A$$%i"a4%e a!.

:;<: Substituti%n A"ree&ent

..1 The endersK Re$resentatie, on 4eha%f of Senior enders, (ay e#er"ise the

ri'ht to s&4stit&te the /on"essionaire $&rs&ant to the a'ree(ent for s&4stit&tion

of the /on"essionaire the 1Substituti%n A"ree&ent2) to 4e entered into

a(on'st the /on"essionaire, the A&thority and the endersK Re$resentatie, on

4eha%f of Senior enders, s&4stantia%%y in the for( set forth in S"hed&%e<R.

..2 L$on s&4stit&tion of the /on"essionaire &nder and in a""ordan"e !ith the

S&4stit&tion A'ree(ent, the No(inated /o($any s&4stit&tin' the /on"essionaire

sha%% 4e dee(ed to 4e the /on"essionaire &nder this A'ree(ent and sha%% enBoy a%%

ri'hts and 4e res$onsi4%e for a%% o4%i'ations of the /on"essionaire &nder this

A'ree(ent as if it !ere the /on"essionaireJ $roided that !here the/on"essionaire is in 4rea"h of this A'ree(ent on the date of s&"h s&4stit&tion, the

A&thority sha%% 4y noti"e 'rant a /&re +eriod of 120 one h&ndred and t!enty)

days to the /on"essionaire for "&rin' s&"h 4rea"h.

:;<; Assi"n&ent b$ te Aut%rit$



Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, theA&thority (ay, after 'iin'

P0 si#ty) daysK noti"e to the /on"essionaire, assi'n and or transfer any of itsri'hts and 4ene5ts



andor o4%i'ations &nder this A'ree(ent to an assi'nee !ho is, in the reasona4%e

o$inion of the A&thority, "a$a4%e of f&%5%%in' a%% of the A&thorityKs then

o&tstandin' o4%i'ations &nder this A'ree(ent.



:=<. Increasein c%sts

ARTICLE:=

CHAN(E INLA,

If as a res&%t of /han'e in a!, the /on"essionaire s&ffers an in"rease in "osts or

red&"tion in net after< ta# ret&rn or other 5nan"ia% 4&rden, the a''re'ate 5nan"ia%

ee"t of !hi"h e#"eeds the hi'her of Rs. 1 "rore R&$ees one "rore)1

and 2Q

t!o $er "ent) of the tota% Ann&ity +ay(ents in any A""o&ntin' Zear, the

/on"essionaire (ay so notify the A&thority and $ro$ose a(end(ents to this

A'ree(ent so as to $%a"e the /on"essionaire in the sa(e 5nan"ia% $osition as it

!o&%d hae enBoyed had there 4een no s&"h /han'e in a! res&%tin' in in"reased

"osts, red&"tion in ret&rn or other 5nan"ia% 4&rden as aforesaid. L$on noti"e 4y

the /on"essionaire, the +arties sha%% (eet, as soon as reasona4%y $ra"ti"a4%e

as 4&t no %ater than 0 thirty) days fro( the date of noti"e and either a'ree on

a(end(ents to this A'ree(ent or on any other (&t&a%%y a'reed arran'e(ent=

+roided that if no a'ree(ent is rea"hed !ithin 0 ninety) days of the aforesaid

noti"e, the /on"essionaire (ay 4y noti"e re7&ire the A&thority to $ay an a(o&nt

that !o&%d $%a"e the /on"essionaire in the sa(e 5nan"ia% $osition that it !o&%d

hae enBoyed had there 4een no s&"h /han'e in a!, and !ithin 1 5fteen) days

of re"ei$t of s&"h noti"e, a%on' !ith $arti"&%ars thereof, the A&thority sha%% $ay

the a(o&nt s$e"i5ed thereinJ $roided that if the A&thority sha%% dis$&te s&"h

"%ai( of the /on"essionaire, the sa(e sha%% 4e sett%ed in a""ordan"e !ith the

-is$&te Reso%&tion +ro"ed&re. @or the aoidan"e of do&4t, it is a'reed that this

/%a&se .1 sha%% 4e restri"ted to "han'es in %a! dire"t%y affe"tin' the

/on"essionaireKs "osts of $erfor(in' its o4%i'ations &nder this A'ree(ent.:=<9 Re*ucti%n in c%sts

If as a res&%t of /han'e in a!, the /on"essionaire 4ene5ts fro( a red&"tion in

"osts or in"rease in net after<ta# ret&rn or other finan"ia% 'ains, the a''re'ate

5nan"ia% effe"t of !hi"h e#"eeds the hi'her of Rs. 1 "rore R&$ees one "rore) and

2Q t!o $er "ent) of the tota% Ann&ity +ay(ents in any A""o&ntin' Zear, the

A&thority (ay so notify the /on"essionaire and $ro$ose a(end(ents to this

A'ree(ent so as to $%a"e the /on"essionaire in the sa(e 5nan"ia% $osition as it

!o&%d hae enBoyed had there 4een no s&"h /han'e in a! res&%tin' in de"reased

"osts, in"rease in ret&rn or other 5nan"ia% 'ains as aforesaid. L$on noti"e 4y the

A&thority, the +arties sha%% (eet, as soon as reasona4%y $ra"ti"a4%e as 4&t no%ater than 0 thirty) days fro( the date of noti"e and either a'ree on s&"h

a(end(ents to this A'ree(ent or on any other (&t&a%%y a'reed arran'e(ent=

+roided that if no a'ree(ent is rea"hed !ithin 0 ninety) days of the aforesaid

noti"e, the A&thority (ay 4y noti"e re7&ire the /on"essionaire to $ay an a(o&nt

that !o&%d $%a"e the /on"essionaire in the sa(e 5nan"ia% $osition that it !o&%d

hae enBoyed had there 4een no s&"h /han'e in a!, and !ithin 1 5fteen) days

of re"ei$t of s&"h noti"e, a%on' !ith $arti"&%ars thereof, the /on"essionaire sha%%

$ay the a(o&nt s$e"i5ed therein to the A&thorityJ $roided that if the

/on"essionaire sha%% dis$&te s&"h "%ai( of the A&thority, the sa(e sha%% 4e

sett%ed in a""ordan"e !ith the -is$&te Reso%&tion +ro"ed&re. @or the aoidan"eof do&4t, it is a'reed that this /%a&se .2 sha%% 4e restri"ted to "han'es in %a!

dire"t%y ae"tin' the /on"essionaireKs "osts of $erfor(in' its o4%i'ations &nder

this A'ree(ent.

:=<: Pr%tecti%n %) NPV



1 This a(o&nt (ay, in the dis"retion of the A&thority, 4e s&ita4%e in"reased, 4&t in no "ase e#"eedin' an

a(o&nt of Rs 1 /r. @or eery R s 00 /r.*f E s ti(at e d + r o Be " t / o s t. A s i(i %ar ( o d i5"at io n sh o & % d a% s o 4 e (ade i n /%a & s e .2.



+&rs&ant to the $roisions of /%a&ses .1 and .2 and for the $&r$oses of

$%a"in' the /on"essionaire in the sa(e 5nan"ia% $osition as it !o&%d hae enBoyed

had there 4een no /han'e in a! ae"tin' the "osts, ret&rns or other 5nan"ia%

4&rden or 'ains, the +arties sha%% re%y on the @inan"ia% Mode% to esta4%ish a net

$resent a%&e the 1NPV2) of the net "ash ?o! and (a>e ne"essary

adB&st(ents in "osts, reen&es, "o($ensation or other re%eant $ara(eters, as

the "ase (ay 4e, to $ro"&re that the N+C of the net "ash ?o! is the sa(e as it!o&%d hae 4een if no /han'e in a! had o""&rred. @or the aoidan"e of do&4t,

the +arties e#$ress%y a'ree that for deter(ination of N+C, the dis"o&nt rate to 4e

&sed sha%% 4e e7&a% to the !ei'hted aera'e rate of interest at !hi"h the

/on"essionaire has raised the -e4t -&e &nder its @inan"in' A'ree(ents.

:=<; Restricti%n %n cas c%&!ensati%n

The +arties a">no!%ed'e and a'ree that the de(and for "ash "o($ensation &nder

this Arti"%e sha%% 4e restri"ted to the effe"t of /han'e in a! d&rin' the

res$e"tie A""o&ntin' Zear and sha%% 4e (ade at any ti(e after "o((en"e(ent

of s&"h year, 4&t no %ater than one year fro( the "%ose of s&"h A""o&ntin' Zear.Any de(and for "ash "o($ensation $aya4%e for and in res$e"t of any s&4se7&ent

A""o&ntin' Zear sha%% 4e (ade after the "o((en"e(ent of the A""o&ntin' Zear to

!hi"h the de(and $ertains, 4&t no %ater than 2 t!o) years fro( the "%ose of s&"h

A""o&ntin' Zear.

:=<= [-e%eted]



:><. (eneralin*e&nit$

ARTICLE:>

LIABILITY ANDINDE'NITY

P.1.1 The /on"essionaire sha%% inde(nify, defend, sae and ho%d har(%ess the

A&thority and its oi"ers, serants, a'ents, Goern(ent Instr&(enta%ities and

Goern(ent o!ned andor "ontro%%ed entitiesenter$rises, the 1Aut%rit$

In*e&nie* Pers%ns2) a'ainst any and a%% s&its, $ro"eedin's, a"tions, de(ands

and "%ai(s fro( third $arties for any %oss, da(a'e, "ost and e#$ense of !hateer

>ind and nat&re, !hether arisin' o&t of any 4rea"h 4y the /on"essionaire of

any of its o4%i'ations &nder this A'ree(ent or any re%ated a'ree(ent or on

a""o&nt of any defe"t or de5"ien"y in the $roision of seri"es 4y the

/on"essionaire to the A&thority or to any Lser, or fro( any ne'%i'en"e of the

/on"essionaire &nder "ontra"t or tort or on any other 'ro&nd !hatsoeer,

e#"e$t to the e#tent that any s&"h s&its, $ro"eedin's, a"tions, de(ands and"%ai(s hae arisen d&e to any ne'%i'ent a"t or o(ission, or 4rea"h or defa&%t of

this A'ree(ent on the $art of the A&thority Inde(nified +ersons.

P.1.2 The A&thority sha%% inde(nify, defend, sae and ho%d har(%ess the

/on"essionaire a'ainst any and a%% s&its, $ro"eedin's, a"tions, de(ands and

"%ai(s fro( third $arties for any %oss, da(a'e, "ost and e#$ense of !hateer >ind

and nat&re arisin' o&t of a) defe"t in tit%e andor the ri'hts of the A&thority in the

%and "o($rised in the Site, andor 4) 4rea"h 4y the A&thority of any of its

o4%i'ations &nder this A'ree(ent or any re%ated a'ree(ent, !hi"h (ateria%%y and

aderse%y affe"t the $erfor(an"e 4y the /on"essionaire of its o4%i'ations &nder

this A'ree(ent, sae and e#"e$t that !here any s&"h "%ai(, s&it, $ro"eedin',a"tion, andor de(and has arisen d&e to a ne'%i'ent a"t or o(ission, or 4rea"h

of any of its o4%i'ations &nder any $roision of this A'ree(ent or any re%ated

a'ree(ent, andor 4rea"h of its stat&tory d&ty on the $art of the /on"essionaire,

its s&4sidiaries, ai%iates, "ontra"tors, serants or a'ents, the sa(e sha%% 4e the

%ia4i%ity of the /on"essionaire.

:><9 In*e&nit$ b$ te C%ncessi%naire

P.2.1 itho&t %i(itin' the 'enera%ity of /%a&se P.1, the /on"essionaire sha%% f&%%y

inde(nify, ho%d har(%ess and defend the A&thority and the A&thority Inde(ni5ed

+ersons fro( and a'ainst any and a%% %oss andor da(a'es arisin' o&t of or !ith

res$e"t to=

a) @ai%&re of the /on"essionaire to "o($%y !ith A$$%i"a4%e a!s andA$$%i"a4%e +er(itsJ

4) +ay(ent of ta#es re7&ired to 4e (ade 4y the /on"essionaire in res$e"t ofthe in"o(e or other

ta#es of the /on"essionaireKs "ontra"tors, s&$$%iers andre$resentatiesJ or

") Non<$ay(ent of a(o&nts d&e as a res&%t of (ateria%s or seri"es

f&rnished to the /on"essionaire or any of its "ontra"tors !hi"h are

$aya4%e 4y the /on"essionaire or any of its "ontra"tors.

P.2.2 itho&t %i(itin' the 'enera%ity of the $roisions of this Arti"%e P, the

/on"essionaire sha%% f&%%y inde(nify, ho%d har(%ess and defend the A&thority

Inde(nified +ersons fro( and a'ainst any and a%% s&its, $ro"eedin's, a"tions,

"%ai(s, de(ands, %ia4i%ities and da(a'es !hi"h the A&thority Inde(nified +ersons

(ay hereafter s&ffer, or $ay 4y reason of any de(ands, "%ai(s, s&its or



$ro"eedin's arisin' o&t of "%ai(s of infrin'e(ent of any do(esti" or forei'n

$atent ri'hts, "o$yri'hts or other inte%%e"t&a% $ro$erty, $ro$rietary or

"on5dentia%ity ri'hts !ith res$e"t to any (ateria%s, infor(ation, desi'n or $ro"ess

&sed 4y the /on"essionaire or 4y the /on"essionaireKs /ontra"tors in $erfor(in'

the /on"essionaireKs o4%i'ations or in any !ay in"or$orated in or re%ated to the

+roBe"t. If in any s&"h s&it, a"tion, "%ai( or $ro"eedin's, a te($orary restraint

order or $re%i(inary inB&n"tion is 'ranted, the /on"essionaire sha%% (a>e eery

reasona4%e effort, 4y 'iin' a satisfa"tory 4ond or other!ise, to



se"&re the reo"ation or s&s$ension of the inB&n"tion or restraint order. If, in any

s&"h s&it, a"tion, "%ai( or $ro"eedin's, the +roBe"t, or any $art thereof or

"o($rised therein, is he%d to "onstit&te an infrin'e(ent and its &se is $er(anent%y

enBoined, the /on"essionaire sha%% $ro($t%y (a>e eery reasona4%e effort to

se"&re for the A&thority a %i"ense, at no "ost to the A&thority, a&thori;in'

"ontin&ed &se of the infrin'in' !or>. If the /on"essionaire is &na4%e to se"&re

s&"h %i"ense !ithin a reasona4%e ti(e, the /on"essionaire sha%%, at its o!ne#$ense, and !itho&t i($airin' the S$e"i5"ations and Standards, either

re$%a"e the affe"ted !or>, or $art, or $ro"ess thereof !ith non< infrin'in' !or> or

$art or $ro"ess, or (odify the sa(e so that it 4e"o(es non<infrin'in'.

:><: N%tice an* c%ntest %) clai&s

In the eent that either +arty re"eies a "%ai( or de(and fro( a third $arty in

res$e"t of !hi"h it is entit%ed to the 4ene5t of an inde(nity &nder this Arti"%e P

the 1In*e&ni)ie* Part$2) it sha%% notify the other +arty the 1In*e&ni)$in"

Part$2) !ithin 1 5fteen) days of re"ei$t of the "%ai( or de(and and sha%% not

sett%e or $ay the "%ai( !itho&t the $rior a$$roa% of the Inde(nifyin' +arty, !hi"h

a$$roa% sha%% not 4e &nreasona4%y !ithhe%d or de%ayed. In the eent that the

Inde(nifyin' +arty !ishes to "ontest or dis$&te the "%ai( or de(and, it (ay

"ond&"t the $ro"eedin's in the na(e of the Inde(nified +arty, s&4Be"t to the

Inde(nified +arty 4ein' se"&red a'ainst any "osts ino%ed, to its reasona4%e

satisfa"tion.

:><; De)ense %) clai&s

P..1 The Inde(nified +arty sha%% hae the ri'ht, 4&t not the o4%i'ation, to "ontest,

defend and %iti'ate any "%ai(, a"tion, s&it or $ro"eedin' 4y any third $arty a%%e'ed

or asserted a'ainst s&"h +arty in res$e"t of, res&%tin' fro(, re%ated to or arisin'

o&t of any (atter for !hi"h it is entit%ed to 4e inde(nified here&nder, andreasona4%e "osts and e#$enses thereof sha%% 4e inde(nified 4y the

Inde(nifyin' +arty. If the Inde(nifyin' +arty a">no!%ed'es in !ritin' its o4%i'ation

to inde(nify the Inde(nified +arty in res$e"t of %oss to the f&%% e#tent $roided 4y

this Arti"%e P, the Inde(nifyin' +arty sha%% 4e entit%ed, at its o$tion, to ass&(e

and "ontro% the defense of s&"h "%ai(, a"tion, s&it or $ro"eedin', %ia4i%ities,

$ay(ents and o4%i'ations at its e#$ense and thro&'h the "o&nse% of its "hoi"eJ

$roided it 'ies $ro($t noti"e of its intention to do so to the Inde(nified +arty

and rei(4&rses the Inde(nified +arty for the reasona4%e "ost and e#$enses

in"&rred 4y the Inde(nified +arty $rior to the ass&($tion 4y the Inde(nifyin'

+arty of s&"h defense. The Inde(nifyin' +arty sha%% not 4e entit%ed to sett%e or

"o($ro(ise any "%ai(, de(and, a"tion, s&it or $ro"eedin' !itho&t the $rior!ritten "onsent of the Inde(nified +arty, &n%ess the Inde(nifyin' +arty $roides

s&"h se"&rity to the Inde(nified +arty as sha%% 4e reasona4%y re7&ired 4y the

Inde(nified +arty to se"&re the %oss to 4e inde(nified here&nder to the e#tent so

"o($ro(ised or sett%ed.

P..2 If the Inde(nifyin' +arty has e#er"ised its ri'hts &nder /%a&se P., the

Inde(nified +arty sha%% not 4e entit%ed to sett%e or "o($ro(ise any "%ai(,

a"tion, s&it or $ro"eedin' !itho&t the $rior !ritten "onsent of the Inde(nifyin'

+arty !hi"h "onsent sha%% not 4e &nreasona4%y !ithhe%d or de%ayed).

P.. If the Inde(nifyin' +arty e#er"ises its ri'hts &nder /%a&se P., the

Inde(nified +arty sha%% neerthe%ess hae the ri'ht to e($%oy its o!n "o&nse%,and s&"h "o&nse% (ay $arti"i$ate in s&"h a"tion, 4&t the fees and e#$enses of

s&"h "o&nse% sha%% 4e at the e#$ense of the Inde(nified +arty, !hen and as

in"&rred, &n%ess=

a) The e($%oy(ent of "o&nse% 4y s&"h $arty has 4een a&thori;ed in !ritin'4y the Inde(nifyin'



+artyJ



4) The Inde(nified +arty sha%% hae reasona4%y "on"%&ded that there (ay 4e a

"onf%i"t of interest 4et!een the Inde(nifyin' +arty and the Inde(nified

+arty in the "ond&"t of the defense of s&"h a"tionJ

") the Inde(nifyin' +arty sha%% not, in fa"t, hae e($%oyed inde$endent

"o&nse% reasona4%y satisfa"tory to the Inde(nified +arty, to ass&(e the

defense of s&"h a"tion and sha%% hae 4een so noti5ed 4y the Inde(nified+artyJ or

d) The Inde(nified +arty sha%% hae reasona4%y "on"%&ded ands$e"ifi"a%%y noti5ed the

Inde(nifyin' +arty either=

I) that there (ay 4e s$e"ifi" defenses aai%a4%e to it !hi"h are different

fro( or additiona% to those aai%a4%e to the Inde(nifyin' +artyJ or

ii) That s&"h "%ai(, a"tion, s&it or $ro"eedin' ino%es or "o&%d hae a

(ateria% aderse effe"t &$on it 4eyond the s"o$e of this A'ree(ent=

+roided that if S&4<"%a&ses 4), ") or d) of this /%a&se P.. sha%% 4e a$$%i"a4%e,the "o&nse% for the Inde(nified +arty sha%% hae the ri'ht to dire"t the defense of

s&"h "%ai(, de(and, a"tion, s&it or $ro"eedin' on 4eha%f of the Inde(nified +arty,

and the reasona4%e fees and dis4&rse(ents of s&"h "o&nse% sha%% "onstit&te %e'a%

or other e#$enses here&nder.

:><= N% c%nse4uential clai&s

Not!ithstandin' anythin' to the "ontrary "ontained in this Arti"%e P, the

inde(nities herein $roided sha%% not in"%&de any "%ai( or re"oery in res$e"t of

any "ost, e#$ense, %oss or da(a'e of an indire"t, in"identa% or "onse7&entia%

nat&re, in"%&din' %oss of $rofit, e#"e$t as e#$ress%y $roided in this A'ree(ent.

:><> Survival %n Ter&inati%n

The $roisions of this Arti"%e P sha%% s&rie Ter(ination.



:@<. Licenseeri"ts

ARTICLE:@

RI(HTS AND TITLE OVERTHE SITE

@or the $&r$ose of this A'ree(ent, the /on"essionaire sha%% hae ri'hts to the &se

of the Site as a %i"ensee s&4Be"t to and in a""ordan"e !ith this A'ree(ent, and to

this endJ it (ay re'&%ate the entry and &se of the +roBe"t 4y third $arties in

a""ordan"e !ith and s&4Be"t to the $roisions of this A'ree(ent.

:@<9 Access ri"ts %) te Aut%rit$ an* %ters

O.2.1 The /on"essionaire sha%% a%%o! free a""ess to the Site at a%% ti(es for the

a&thori;ed re$resentaties and ehi"%es of the A&thority andor its "ontra"tors,

Senior enders, and the Inde$endent En'ineer, and for the $ersons and ehi"%es

d&%y a&thori;ed 4y any Goern(ent Instr&(enta%ity to ins$e"t the +roBe"t and to

inesti'ate any (atter !ithin their a&thority, and &$on reasona4%e noti"e, the/on"essionaire sha%% $roide to s&"h $ersons reasona4%e assistan"e ne"essary to

"arry o&t their res$e"tie d&ties and f&n"tions.

O.2.2 The /on"essionaire sha%%, for the $&r$ose of o$eration and (aintenan"e of

any &ti%ity or road s$e"ified in Arti"%e 11, a%%o! free a""ess to the Site at a%% ti(es

for the a&thori;ed $ersons and ehi"%es of the "ontro%%in' 4ody of s&"h &ti%ity or

road.

:@<: Pr%!ert$ taes

A%% $ro$erty ta#es on the Site sha%% 4e $aya4%e 4y the A&thority as o!ner of

the SiteJ $roided, ho!eer, that any s&"h ta#es $aya4%e 4y the /on"essionaire&nder A$$%i"a4%e a!s for &se of the Site sha%% not 4e rei(4&rsed or $aya4%e 4y

the A&thority. @or the aoidan"e of do&4t, the +arties a'ree that sta($ d&ties, if

any, d&e and $aya4%e on the 'rant of %i"ense "o($risin' this A'ree(ent sha%% 4e

$aid 4y the A&thority. +roided, ho!eer, that the A&thority (ay re7&ire the

/on"essionaire to $ay s&"h sta($ d&ties, !hi"h sha%% 4e rei(4&rsed 4y the

A&thority to the /on"essionaire !ithin 1 5fteen) days of re"eiin' the de(and

therefor.

:@<; Restricti%n %n sub/lettin"

The /on"essionaire sha%% not s&4<%i"ense or s&4<%et the !ho%e or any $art of the

Site, sae and e#"e$t as (ay 4e e#$ress%y set forth in this A'ree(entJ $roided

that nothin' "ontained herein sha%% 4e "onstr&ed or inter$reted as restri"tin' the

ri'ht of the /on"essionaire to a$$oint /ontra"tors for the $erfor(an"e of its

o4%i'ations here&nder in"%&din' for o$eration and (aintenan"e of a%% or any $art of

the +roBe"t.



100

:<. Dis!uteres%luti%n

ARTICLE:

DISPUTERESOLUTION

.1.1 Any dis$&te, differen"e or "ontroersy of !hateer nat&re ho!soeer arisin'&nder or o&t of or in re%ation to this A'ree(ent in"%&din' its inter$retation)

4et!een the +arties, and so noti5ed in !ritin' 4y either +arty to the other +arty

the 1Dis!ute2) sha%%, in the 5rst instan"e, 4e atte($ted to 4e reso%ed a(i"a4%y

in a""ordan"e !ith the "on"i%iation $ro"ed&re set forth in /%a&se .2.

.1.2 The +arties a'ree to &se their 4est efforts for reso%in' a%% -is$&tes arisin' &nder

or in res$e"t of this A'ree(ent $ro($t%y, e7&ita4%y and in 'ood faith, and f&rther

a'ree to $roide ea"h other !ith reasona4%e a""ess d&rin' nor(a% 4&siness ho&rs

to a%% non<$rii%e'ed re"ords, infor(ation and data $ertainin' to any -is$&te.

:<9 C%nciliati%n

In the eent of any -is$&te 4et!een the +arties, either +arty (ay "a%% &$on the

Inde$endent En'ineer to (ediate and assist the +arties in arriin' at an

a(i"a4%e sett%e(ent thereof. @ai%in' (ediation 4y the Inde$endent En'ineer or

!itho&t the interention of the Inde$endent En'ineer, either +arty (ay re7&ire

s&"h -is$&te to 4e referred to the [/hair(an] of the A&thority and the /hair(an of

the 6oard of -ire"tors of the /on"essionaire for a(i"a4%e sett%e(ent, and &$on

s&"h referen"e, the said $ersons sha%% (eet no %ater than O seen) days fro( the

date of referen"e to dis"&ss and atte($t to a(i"a4%y reso%e the -is$&te. If s&"h

(eetin' does not ta>e $%a"e !ithin the O seen) days $eriod or the -is$&te is

not a(i"a4%y sett%ed !ithin 1 5fteen) days of the (eetin' or the -is$&te is not

reso%ed as eiden"ed 4y the si'nin' of !ritten ter(s of sett%e(ent !ithin 0thirty) days of the noti"e in !ritin' referred to in /%a&se .1.1 or s&"h %on'er

$eriod as (ay 4e (&t&a%%y a'reed 4y the +arties, either +arty (ay refer the

-is$&te to ar4itration in a""ordan"e !ith the $roisions of /%a&se ..

:<: Arbitrati%n

..1 Any -is$&te !hi"h is not reso%ed a(i"a4%y 4y "on"i%iation, as $roided in /%a&se

.2, sha%% 4e 5na%%y de"ided 4y referen"e to ar4itration 4y an ar4itra% tri4&na%

"onstit&ted in a""ordan"e !ith /%a&se

..2. S&"h ar4itration sha%% 4e he%d in a""ordan"e !ith the R&%es of So"iety for

Afforda4%e Redressa% of -is$&tes 1SAROD2), Ne! -e%hi the 1Rules2), or s&"h

other r&%es as (ay 4e (&t&a%%y a'reed 4y the +arties, and sha%% 4e s&4Be"t to the

$roisions of the Ar4itration and /on"i%iation A"t, 1P. The $%a"e of s&"h

ar4itration sha%% 4e the [-e%hi] and the %an'&a'e of ar4itration $ro"eedin's sha%% 4e

En'%ish.

..2 There sha%% 4e an ar4itra% tri4&na% "o($risin' three ar4itrators, of !ho( ea"h

+arty sha%% se%e"t one, and the third ar4itrator sha%% 4e a$$ointed 4y the t!o

ar4itrators so se%e"ted and in the eent of disa'ree(ent 4et!een the t!o

ar4itrators, the a$$oint(ent sha%% 4e (ade in a""ordan"e !ith the R&%es.

.. The ar4itra% tri4&na% sha%% (a>e a reasoned a!ard the 1A#ar*2). Any A!ard

(ade in any ar4itration he%d $&rs&ant to this Arti"%e sha%% 4e 5na% and 4indin'on the +arties as fro( the date it is (ade, and the /on"essionaire and the

A&thority a'ree and &nderta>e to "arry o&t s&"h A!ard !itho&t de%ay.



101

.. The /on"essionaire and the A&thority a'ree that an A!ard (ay 4e

enfor"ed a'ainst the /on"essionaire andor the A&thority, as the "ase (ay

4e, and their res$e"tie assets !hereer sit&ated.



.. This A'ree(ent and the ri'hts and o4%i'ations of the +arties sha%% re(ain in

f&%% for"e and ee"t, $endin' the A!ard in any ar4itration $ro"eedin's here&nder.

:<; A*+u*icati%n b$ a tribunal

In the eent of "onstit&tion of a stat&tory tri4&na% or other for&( !ith $o!ers to

adB&di"ate &$on dis$&tes 4et!een the /on"essionaire and the A&thority, a%%

-is$&tes arisin' after s&"h "onstit&tion sha%%, instead of referen"e to ar4itration

&nder /%a&se ., 4e adB&di"ated &$on 4y s&"h tri4&na% or other for&( in

a""ordan"e !ith A$$%i"a4%e a!s and a%% referen"es to -is$&te Reso%&tion

+ro"ed&re sha%% 4e "onstr&ed a""ordin'%y.



:<. Discl%sure %) S!ecie*D%cu&ents

ARTICLE :

DISCLOSURE

The /on"essionaire sha%% (a>e aai%a4%e for ins$e"tion 4y any $erson,

"o$ies of this /on"ession A'ree(ent, the Maintenan"e Man&a%, the Maintenan"e

+ro'ra(, the Maintenan"e Re7&ire(ents and the Safety Re7&ire(ents

hereinafter "o%%e"tie%y referred to as the 1S!ecie* D%cu&ents2), free of

"har'e, d&rin' nor(a% 4&siness ho&rs on a%% !or>in' days at the Site and the

/on"essionaireKs Re'istered *i"e. The /on"essionaire sha%% $ro(inent%y dis$%ay

at the Site, $&4%i" noti"es statin' the aai%a4i%ity of the S$e"i5ed -o"&(ents for

s&"h ins$e"tion, and sha%% $roide "o$ies of the sa(e to any $erson &$on

$ay(ent of "o$yin' "har'es on a ^no $ro5t no %ossK 4asis.

:<9 Discl%sure %) D%cu&ents relatin" t% sa)et$

The /on"essionaire sha%% (a>e aai%a4%e for ins$e"tion 4y any $erson "o$ies of

a%% -o"&(ents and data re%atin' to safety of the +roBe"t, free of "har'e, d&rin'

nor(a% 4&siness ho&rs on a%% !or>in' days, at the /on"essionaireKs Re'istered

*V"e. The /on"essionaire sha%% (a>e "o$ies of the sa(e aai%a4%e to any $erson

&$on $ay(ent of "o$yin' "har'es on a ^no $rofit no %ossK 4asis.

:<: Not!ithstandin' the $roisions of /%a&ses .1 and .2, the A&thority sha%% 4e

entit%ed to dire"t the /on"essionaire, fro( ti(e to ti(e, to !ithho%d the dis"%os&re

of +rote"ted -o"&(ents as de5ned herein 4e%o!) to any $erson in $&rs&an"e of

the aforesaid /%a&ses.

E#$%anation=

The e#$ression +rote"ted -o"&(ents sha%% (ean s&"h of the S$e"ified -o"&(ents

or do"&(ents referred to in /%a&ses .1 and .2, or $ortions thereof, the

dis"%os&re of !hi"h the A&thority is entit%ed to !ithho%d &nder the $roisions of the

Ri'ht to Infor(ation A"t, 200.



ARTICLE;0

REDRESSAL O6 PUBLIC(RIEVANCES

;0<. C%&!laints Re"ister

0.1.1 The /on"essionaire sha%% (aintain a $&4%i" re%ations of5"e at the Site !here it

sha%% >ee$ a re'ister the 1C%&!laint Re"ister2) o$en to $&4%i" a""ess at a%%

ti(es for re"ordin' of "o($%aints 4y any $erson the 1C%&!lainant2).

Infor(ation re%atin' to the aai%a4i%ity of and a""ess to the /o($%aint Re'ister

sha%% 4e $ro(inent%y dis$%ayed 4y the /on"essionaire at ea"h the Site so as to

4rin' it to the attention of a%% Lsers.

0.1.2 The /o($%aint Re'ister sha%% 4e se"&re%y 4o&nd and ea"h $a'e thereof sha%% 4e

d&%y n&(4ered. It sha%% hae a$$ro$riate "o%&(ns in"%&din' the "o($%aint n&(4er,

date, na(e and address of the /o($%ainant, s&4stan"e of the "o($%aint and thea"tion ta>en 4y the /on"essionaire. I((ediate%y after a "o($%aint is re'istered,

the /on"essionaire sha%% 'ie a re"ei$t to the /o($%ainant statin' the date and

"o($%aint n&(4er.

0.1. itho&t $reB&di"e to the $roisions of /%a&ses 0.1.1 and 0.1.2, the A&thority

(ay, in "ons&%tation !ith the /on"essionaire, s$e"ify the $ro"ed&re for (a>in'

"o($%aints in e%e"troni" for( and for res$onses thereto.

;0<9 Re*ressal %) c%&!laints

0.2.1 The /on"essionaire sha%% ins$e"t the /o($%aint Re'ister eery day and ta>e

$ro($t and reasona4%e a"tion for redressed of ea"h "o($%aint. The a"tion ta>en

sha%% 4e 4rief%y noted in the /o($%aint Re'ister and a re$%y statin' the $arti"&%ars

thereof sha%% 4e sent 4y the /on"essionaire to the /o($%ainant &nder a "ertifi"ate

of $ostin'.

0.2.2 ithin O seen) days of the "%ose of ea"h (onth, the /on"essionaire sha%% send

to the A&thority and to the Inde$endent En'ineer a tr&e $hoto"o$y ea"h of a%%

the $a'es of the /o($%aint Re'ister on !hi"h any entry has 4een re"orded

d&rin' the "o&rse of s&"h (onth, and &$on $er&sa% thereof, the A&thority (ay, in

its dis"retion, adise the /on"essionaire to ta>e s&"h f&rther a"tion as the

A&thority (ay dee( a$$ro$riate for a fair and B&st redressa% of any 'riean"e. The

/on"essionaire sha%% "onsider s&"h adi"e and infor( the A&thority of its de"ision

thereon, and if the A&thority is of the o$inion that the /o($%ainant is entit%ed tof&rther re%ief, the A&thority (ay adise the /o($%ainant to see> a$$ro$riate

re(edy &nder the /ons&(er +rote"tion A"t, 1P, at his o!n ris> and "ost.



ARTICLE;.

'ISCELLANEOUS

;.<. (%vernin" la# an* +uris*icti%n

This A'ree(ent sha%% 4e "onstr&ed and inter$reted in a""ordan"e !ith and

'oerned 4y the %a!s of India, and the "o&rts in the Ne! -e%hi sha%% hae e#"%&sie

B&risdi"tion oer (atters arisin' o&t of or re%atin' to this A'ree(ent.

;.<9 ,aiver %) i&&unit$

Ea"h +arty &n"onditiona%%y andirreo"a4%y=

a) A'rees that the e#e"&tion, de%iery and $erfor(an"e 4y it of this

A'ree(ent "onstit&te "o((er"ia% a"ts done and $erfor(ed for "o((er"ia%

$&r$oseJ

4) a'rees that, sho&%d any $ro"eedin's 4e 4ro&'ht a'ainst it or its assets,

$ro$erty or reen&es in any B&risdi"tion in re%ation to this A'ree(ent or any

transa"tion "onte($%ated 4y this A'ree(ent, no i((&nity !hether 4y

reason of soerei'nty or other!ise) fro( s&"h $ro"eedin's sha%% 4e "%ai(ed

4y or on 4eha%f of the +arty !ith res$e"t to its assetsJ

") !aies any ri'ht of i((&nity !hi"h it or its assets, $ro$erty or reen&es

no! has, (ay a"7&ire in the f&t&re or !hi"h (ay 4e attri4&ted to it in any B&risdi"tionJ and

d) "onsents 'enera%%y in res$e"t of the enfor"e(ent of any B&d'(ent or

a!ard a'ainst it in any s&"h $ro"eedin's to the 'iin' of any re%ief or the

iss&e of any $ro"ess in any B&risdi"tion in "onne"tion !ith s&"h $ro"eedin's

in"%&din' the (a>in', enfor"e(ent or e#e"&tion a'ainst it or in res$e"t of

any assets, $ro$erty or reen&es !hatsoeer irres$e"tie of their &se or

intended &se of any order or B&d'(ent that (ay 4e (ade or 'ien in

"onne"tion there!ith).

;.<: De!reciati%n

@or the $&r$oses of de$re"iation &nder A$$%i"a4%e a!s, the $ro$erty re$resentin'

the "a$ita% inest(ent (ade 4y the /on"essionaire in the +roBe"t sha%% 4e dee(ed

to 4e a"7&ired and o!ned 4y the /on"essionaire. @or the aoidan"e of do&4t, the

A&thority sha%% not in any (anner 4e %ia4%e in res$e"t of any "%ai(s for

de$re"iation to 4e (ade 4y the /on"essionaire &nder A$$%i"a4%e a!s.

;.<; Dela$e* !a$&ents

1..1 The +arties hereto a'ree that $ay(ents d&e fro( one +arty to the other +arty

&nder the $roisions of this A'ree(ent sha%% 4e (ade !ithin the $eriod set forth

therein, and if no s&"h $eriod is s$e"ified, !ithin 0 thirty) days of re"eiin' a

de(and a%on' !ith the ne"essary $arti"&%ars. Ln%ess other!ise s$e"ified in this

A'ree(ent, in the eent of de%ay 4eyond s&"h $eriod, the defa&%tin' +arty sha%%

$ay interest for the $eriod of de%ay "a%"&%ated at a rate e7&a% to Q fo&r $er "ent)

a4oe the dai%y aera'e 6an> Rate, and re"oery thereof sha%% 4e !itho&t

$reB&di"e to the ri'hts of the +arties &nder this A'ree(ent in"%&din' Ter(ination

thereof.



1..2 Ln%ess other!ise s$e"ified, any interest $aya4%e &nder this A'ree(ent sha%%

a""r&e on a dai%y o&tstandin' 4asis and sha%% 4e "o($o&nded on the 4asis of

7&arter%y rests.



;.<= ,aiver

1..1 aier, in"%&din' $artia% or "onditiona% !aier, 4y either +arty of any defa&%t 4y

the other +arty in the o4seran"e and $erfor(an"e of any $roision of or

o4%i'ations &nder this A'ree(ent=

a) Sha%% not o$erate or 4e "onstr&ed as a !aier of any other or s&4se7&ent

defa&%t hereof or of other $roisions of or o4%i'ations &nder this A'ree(entJ

4) Sha%% not 4e ee"tie &n%ess it is in !ritin' and e#e"&ted 4y a d&%y

a&thori;ed re$resentatie of the +artyJ and

") Sha%% not affe"t the a%idity or enfor"ea4i%ity of thisA'ree(ent in any (anner.

1..2 Neither the fai%&re 4y either +arty to insist on any o""asion &$on the

$erfor(an"e of the ter(s, "onditions and $roisions of this A'ree(ent or any

o4%i'ation there&nder nor ti(e or other ind&%'en"e 'ranted 4y a +arty to the

other +arty sha%% 4e treated or dee(ed as !aier of s&"h 4rea"h or a""e$tan"e of

any ariation or the re%in7&ish(ent of any s&"h ri'ht here&nder.

;.<> Liabilit$ )%r revie# %) D%cu&ents an* Dra#in"s

E#"e$t to the e#tent e#$ress%y $roided in thisA'ree(ent

a) no reie!, "o((ent or a$$roa% 4y the A&thority or the Inde$endent

En'ineer of any +roBe"t A'ree(ent, -o"&(ent or -ra!in' s&4(itted 4y the

/on"essionaire nor any o4seration or ins$e"tion of the "onstr&"tion,

o$eration or (aintenan"e of the +roBe"t nor the fai%&re to reie!, a$$roe,

"o((ent, o4sere or ins$e"t here&nder sha%% re%iee or a4so%e the

/on"essionaire fro( its o4%i'ations, d&ties and %ia4i%ities &nder thisA'ree(ent, A$$%i"a4%e a!s and A$$%i"a4%e +er(itsJ and

4) The A&thority sha%% not 4e %ia4%e to the /on"essionaire 4y reason of any

reie!, "o((ent, a$$roa%, o4seration or ins$e"tion referred to in S&4<

"%a&se a) a4oe.

;.<@ Eclusi%n %) i&!lie* #arranties etc<

This A'ree(ent e#$ress%y e#"%&des any !arranty, "ondition or other &nderta>in'

i($%ied at %a! or 4y "&sto( or other!ise arisin' o&t of any other a'ree(ent

4et!een the +arties or any re$resentation 4y either +arty not "ontained in a

4indin' %e'a% a'ree(ent e#e"&ted 4y 4oth +arties.

;.< Survival

1..1 Ter(ination sha%%=

a) Not re%iee the /on"essionaire or the A&thority, as the "ase (ay 4e,

of any o4%i'ations here&nder !hi"h e#$ress%y or 4y i($%i"ation s&rie

Ter(ination hereofJ and

4) e#"e$t as other!ise $roided in any $roision of this A'ree(ent e#$ress%y

%i(itin' the %ia4i%ity of either +arty, not re%iee either +arty of any

o4%i'ations or %ia4i%ities for %oss or da(a'e to the other +arty arisin' o&t of,

or "a&sed 4y, a"ts or o(issions of s&"h +arty $rior to the ee"tieness of

s&"h Ter(ination or arisin' o&t of s&"h Ter(ination.

1..2 A%% o4%i'ations s&riin' Ter(ination sha%% on%y s&rie for a $eriod of

three) years fo%%o!in' the date of s&"h Ter(ination.



;.< Entire A"ree&ent

This A'ree(ent and the S"hed&%es to'ether "onstit&te a "o($%ete and

e#"%&sie state(ent of the ter(s of the a'ree(ent 4et!een the +arties on

the s&4Be"t hereof, and no a(end(ent or



(odifi"ation hereto sha%% 4e a%id and ee"tie &n%ess s&"h (odifi"ation or

a(end(ent is a'reed to in !ritin' 4y the +arties and d&%y e#e"&ted 4y $ersons

es$e"ia%%y e($o!ered in this 4eha%f 4y the res$e"tie +arties. A%% $rior !ritten or

ora% &nderstandin's, oers or other "o((&ni"ations of eery >ind $ertainin' to

this A'ree(ent are a4ro'ated and !ithdra!n. @or the aoidan"e of do&4t, the

+arties hereto a'ree that any o4%i'ations of the /on"essionaire arisin' fro( the

Re7&est for 8&a%i5"ation or Re7&est for +ro$osa%s, as the "ase (ay 4e, sha%% 4edee(ed to for( $art of this A'ree(ent and treated as s&"h.

;.<.0 Severabilit$

If for any reason !hatsoeer, any $roision of this A'ree(ent is or 4e"o(es

ina%id, i%%e'a% or &nenfor"ea4%e or is de"%ared 4y any "o&rt of "o($etent

B&risdi"tion or any other instr&(enta%ity to 4e ina%id, i%%e'a% or &nenfor"ea4%e, the

a%idity, %e'a%ity or enfor"ea4i%ity of the re(ainin' $roisions sha%% not 4e ae"ted

in any (anner, and the +arties !i%% ne'otiate in 'ood faith !ith a ie! to a'reein'

to one or (ore $roisions !hi"h (ay 4e s&4stit&ted for s&"h ina%id,

&nenfor"ea4%e or i%%e'a% $roisions, as near%y as is $ra"ti"a4%e to s&"h ina%id,

i%%e'a% or &nenfor"ea4%e $roision. @ai%&re to a'ree &$on any s&"h $roisions sha%%

not 4e s&4Be"t to the -is$&te Reso%&tion +ro"ed&re set forth &nder this

A'ree(ent or other!ise.

;.<.. N% !artnersi!

This A'ree(ent sha%% not 4e inter$reted or "onstr&ed to "reate an

asso"iation, Boint ent&re or $artnershi$ 4et!een the +arties, or to i($ose any

$artnershi$ o4%i'ation or %ia4i%ity &$on either +arty, and neither +arty sha%% hae

any ri'ht, $o!er or a&thority to enter into any a'ree(ent or &nderta>in' for, or

a"t on 4eha%f of, or to a"t as or 4e an a'ent or re$resentatie of, or to other!ise

4ind, the other +arty.

;.<.9 Tir* !arties

This A'ree(ent is intended so%e%y for the 4ene5t of the +arties and their

res$e"tie s&""essors and $er(itted assi'ns, and nothin' in this A'ree(ent sha%%

4e "onstr&ed to "reate any d&ty to, standard of "are !ith referen"e to, or any

%ia4i%ity to, any $erson not a +arty to this A'ree(ent in"%&din' any

/on"essionaireKs /ontra"tor.

;.<.: Success%rs an* assi"ns

This A'ree(ent sha%% 4e 4indin' &$on, and in&re to the 4ene5t of the +arties and

their res$e"tie s&""essors and $er(itted assi'ns.

;.<.; N%tices

Any noti"e or other "o((&ni"ation to 4e 'ien 4y any +arty to the other +arty

&nder or in "onne"tion !ith the (atters "onte($%ated 4y this A'ree(ent sha%% 4e

in !ritin' and sha%%=

a) in the "ase of the /on"essionaire, 4e 'ien 4y fa"si(i%e or e<(ai% and 4y

%etter de%iered 4y hand to the address 'ien and (ar>ed for attention of

the $erson set o&t 4e%o! or to s&"h other $erson as the /on"essionaire

(ay fro( ti(e to ti(e desi'nate 4y noti"e to the A&thorityJ $roided

that noti"es or other "o((&ni"ations to 4e 'ien to an address o&tsidethe -e%hi (ay, if they are s&4se7&ent%y "on5r(ed 4y sendin' a "o$y

thereof 4y re'istered a">no!%ed'e(ent d&e, air (ai% or 4y "o&rier, 4e sent

4y fa"si(i%e or e<(ai% to the n&(4er as the /on"essionaire (ay fro( ti(e

to ti(e desi'nate 4y noti"e to the A&thority.



DAttention=



-esi'nati

on=

Address=

@a# No=

E(ai% JF

4) in the "ase of the A&thority, 4e 'ien 4y fa"si(i%e or e<(ai% and 4y %etter

de%iered 4y hand at the address 'ien 4e%o! and 4e addressed to the

$erson na(ed 4e%o! !ith a "o$y de%iered to the A&thority Re$resentatie

or s&"h other $erson as the A&thority (ay fro( ti(e to ti(e desi'nate 4y

noti"e to the /on"essionaireJ $roided that if the /on"essionaire does not

hae an oi"e in the -e%hi it (ay send s&"h noti"e 4y fa"si(i%e or e<(ai%

and 4y re'istered a">no!%ed'e(ent d&e, air (ai% or 4y "o&rier.

DNa(e=

-esi'nati

on=

Address=

@a# No=

E(ai% =FJ and

") any noti"e or "o((&ni"ation 4y a +arty to the other +arty, 'ien in

a""ordan"e here!ith, sha%% 4e dee(ed to hae 4een de%iered !hen in the

nor(a% "o&rse of $ost it o&'ht to hae 4een de%iered and in a%% other "ases,

it sha%% 4e dee(ed to hae 4een de%iered on the a"t&a% date and ti(e of de%ieryJ $roided that in the "ase of fa"si(i%e or e<(ai%, it sha%% 4e

dee(ed to hae 4een de%iered on the !or>in' day fo%%o!in' the date of its

de%iery.

;.<.= Lan"ua"e

A%% noti"es re7&ired to 4e 'ien 4y one +arty to the other +arty and a%% other

"o((&ni"ations, -o"&(entation and $ro"eedin's !hi"h are in any !ay re%eant

to this A'ree(ent sha%% 4e in !ritin' and in En'%ish %an'&a'e.

;.<.> C%unter!arts

This A'ree(ent (ay 4e e#e"&ted in t!o "o&nter$arts, ea"h of !hi"h, !hen

e#e"&ted and de%iered, sha%% "onstit&te an ori'ina% of this A'ree(ent.

1.1O State Su!!%rt A"ree&ent

The /on"essionaire a">no!%ed'es that it has re"eied fro( the A&thority a

"erti5ed tr&e "o$y of the a'ree(ent e#e"&ted 4et!een M*RTH and the State

Goern(ent for $roidin' the s&$$ort and seri"es s$e"ified therein the

State Su!!%rt A"ree&ent3), and the +arties hereto a'ree to (a>e their 4est

endeaors to $ro"&re the s&$$ort of the State Goern(ent.



;9<.Deniti%ns

ARTICLE;9

DE6INITIONS

In this A'ree(ent, the fo%%o!in' !ords and e#$ressions sha%%, &n%ess re$&'nant to

the "onte#t or (eanin' thereof, hae the (eanin' hereinafter res$e"tie%y

assi'ned to the(=

Acc%untin" Year3 (eans the 5nan"ia% year "o((en"in' fro( the 5rst day of

A$ri% of any "a%endar year and endin' on the thirty<5rst day of Mar"h of the ne#t

"a%endar yearJ

1A**iti%nal Per)%r&ance Securit$2 sha%% hae the (eanin' asset forth in /%a&se .OJ

A*+uste* E4uit$3 (eans the E7&ity f&nded in Indian R&$ees and adB&sted onthe 5rst day of the "&rrent (onth the 1Re)erence Date2), in the (anner set

forth 4e%o!, to ref%e"t the "han'e in its a%&e on a""o&nt of de$re"iation and

ariations in +I, and for any Referen"e -ate o""&rrin'=

a) on or 4efore /*-, the AdB&sted E7&ity sha%% 4e a s&( e7&a% to the E7&ity

f&nded in Indian R&$ees and e#$ended on the +roBe"t, reised to the e#tent

of one ha%f of the ariation in +I o""&rrin' 4et!een the 5rst day of the

(onth of A$$ointed -ate and the Referen"e -ateJ

1A?ecte* Part$2 sha%% hae the (eanin' as set forthin /%a&se 2.1J

1A"ree&ent2 or /on"ession A'ree(ent3 (eans this A'ree(ent, its

Re"ita%s, and the S"hed&%es hereto and any a(end(ents thereto (ade in

a""ordan"e !ith the $roisions "ontained in this A'ree(entJ

1Annuit$ Pa$&ents3 sha%% hae the (eanin' as set forth in

/%a&se 2.P.2J 1Annuit$ Pa$&ent Date3 sha%% hae the

(eanin' as set forth in /%a&se 2.P.2J 1A!!en*i2 sha%% hae

the (eanin' as set forth in /%a&se 10..1J

1A!!licable La#s2 (eans a%% %a!s, 4ro&'ht into for"e and effe"t 4y G*I or the

State Goern(ent in"%&din' r&%es, re'&%ations and noti5"ations (ade there&nder,and B&d'(ents, de"rees, inB&n"tions, !rits and orders of any "o&rt of re"ord,

a$$%i"a4%e to this A'ree(ent and the e#er"ise, $erfor(an"e and dis"har'e of the

res$e"tie ri'hts and o4%i'ations of the +arties here&nder, as (ay 4e in for"e and

ee"t d&rin' the s&4sisten"e of this A'ree(entJ

1A!!licable Per&its2 (eans a%% "%earan"es, %i"enses, $er(its, a&thori;ations, no

o4Be"tion "ertifi"ates, "onsents, a$$roa%s and e#e($tions re7&ired to 4e o4tained

or (aintained &nder A$$%i"a4%e a!s in "onne"tion !ith the "onstr&"tion,

o$eration and (aintenan"e of the +roBe"t d&rin' the s&4sisten"e of this

A'ree(entJ

1A!!%inte* Date2 (eans the date on !hi"h @inan"ia% /%ose is a"hieed and

eery /ondition +re"edent is satis5ed, in a""ordan"e !ith the $roisions of this

A'ree(ent, and s&"h date sha%% 4e the date of "o((en"e(ent of the /on"ession

+eriodJ



1Ass%ciate2 %r 1A))iliate2 &eans, in re%ation to either +arty Dandor /onsorti&(

Me(4ersF, a $erson !ho "ontro%s, is "ontro%%ed 4y, or is &nder the "o((on

"ontro% !ith s&"h +arty Dor /onsorti&( Me(4erF as &sed in this de5nition, the

e#$ression "ontro%3 (eans, !ith res$e"t to a $erson !hi"h is a "o($any or

"or$oration, the o!nershi$, dire"t%y or indire"t%y, of (ore than 0Q 5fty $er

"ent) of the otin' shares of s&"h $erson, and !ith res$e"t to a $erson !hi"h is

not a "o($any or "or$oration,



the $o!er to dire"t the (ana'e(ent and +o%i"ies of s&"h $erson, !hether 4y

o$eration of %a! or 4y "ontra"t or other!ise)J

1Aut%rit$3 sha%% hae the (eanin' attri4&ted thereto in the array of +artiesas set forth in the

Re"ita%

sJ1Aut%rit$ De)ault3 sha%% hae the (eanin' as set forthin /%a&se 1.2.1J

Aut%rit$ In*e&ni)ie* Pers%ns3 sha%% hae the (eanin' setforth in /%a&se P.1.1J

1Aut%rit$ Re!resentative2 (eans s&"h $erson or $ersons as (ay 4e

a&thori;ed in !ritin' 4y the A&thority to a"t on its 4eha%f &nder this A'ree(ent

and sha%% in"%&de any $erson or $ersons hain' a&thority to e#er"ise any ri'hts or

$erfor( and f&%fi%% any o4%i'ations of the A&thority &nder this A'ree(entJ

1Ban82 (eans a 4an> in"or$orated in India and hain' a (ini(&( net !orthof Rs. 1,000 "rore R&$ees one tho&sand "rore) or any other 4an> a""e$ta4%e to

Senior enders, 4&t does not in"%&de a 4an> in !hi"h any Senior ender has an

interestJ

1Ban8 Rate2 (eans the rate of interest s$e"ified 4y the Resere 6an> of India

fro( ti(e to ti(e in $&rs&an"e of se"tion of the Resere 6an> of India A"t,

1 or any re$%a"e(ent of s&"h 6an> Rate for the ti(e 4ein' in effe"tJ

1Bi*2 (eans the do"&(ents in their entirety "o($rised in the 4id s&4(itted 4y

the Dse%e"ted 4idder/onsorti&(F in res$onse to the Re7&est for +ro$osa%s in

a""ordan"e !ith the $roisions thereof and 1Bi*s2 sha%% (ean the 4ids

s&4(itted 4y any and a%% $re<7&a%i5ed 4iddersJ

1Bi* Date2 (eans the %ast date on !hi"h the 6id (ay hae 4een s&4(itted in

a""ordan"e !ith the $roisions of the Re7&est for +ro$osa%sJ

1 Bi* Pr%+ect C%st 2 sha%% hae the (eanin' as setforth in /%a&se 2.1J

1Bi* Securit$2 (eans the se"&rity $roided 4y the /on"essionaire to the

A&thority a%on' !ith the 6id, in a""ordan"e !ith the Re7&est for +ro$osa%s, and

!hi"h is to re(ain in for"e &nti% s&4stit&ted 4y the +erfor(an"e Se"&rityJ

1COD2 %r 1C%&&ercial O!erati%n Date2 sha%% hae the (eanin' as setforth in /%a&se 1.1.1J

1CPI I,72 (eans the /ons&(er +ri"e Inde# for Ind&stria% or>ers as $&4%ished

4y the a4o&r 6&rea&, Goern(ent of India and sha%% in"%&de any inde# !hi"h

s&4stit&tes the /+I I), and any referen"e to /+I I) sha%%, &n%ess the "onte#t

other!ise re7&ires, 4e "onstr&ed as a referen"e to the /+I I) $&4%ished for the

$eriod endin' !ith the $re"edin' 7&arterJ

1Can"e in La#2 (eans the o""&rren"e of any of the fo%%o!in'

after the 6id -ate= a) The ena"t(ent of any ne! Indian %a!J

4) The re$ea%, (odifi"ation or re<ena"t(ent of anye#istin' Indian %a!J

") The "o((en"e(ent of any Indian %a! !hi"h has not entered intoeffe"t &nti% the 6id -ateJ



d) a "han'e in the inter$retation or a$$%i"ation of any Indian %a! 4y a

B&d'(ent of a "o&rt of re"ord !hi"h has 4e"o(e fina%, "on"%&sie and

4indin', as "o($ared to s&"h inter$retation or a$$%i"ation 4y a "o&rt of

re"ord $rior to the 6id -ateJ or

e) Any "han'e in the rates of any of the Ta#es that hae a dire"tee"t on the +roBe"tJ



110

1Can"e in O#nersi!2 (eans a transfer of the dire"t andor indire"t %e'a% or

4ene5"ia% o!nershi$ of any shares, or se"&rities "onerti4%e into shares, that

"a&ses the a''re'ate ho%din' of the Dse%e"ted 4idder /onsorti&(

Me(4ersF,to'ether !ith DitstheirF Asso"iates, in the tota% E7&ity to de"%ine 4e%o!

1Q 5fty one $er "ent) thereof d&rin' /onstr&"tion +eriod and t!o yearsthereafterJ $roided that any (ateria% ariation as "o($ared to the

re$resentations (ade 4y the /on"essionaire d&rin' the 4iddin' $ro"ess for the

$&r$oses of (eetin' the (ini(&( "onditions of e%i'i4i%ity or for ea%&ation of its

a$$%i"ation or 4id, as the "ase (ay 4e,) in the $ro$ortion of the e7&ity ho%din' of

Dthe se%e"ted 4idder any /onsorti&( Me(4erF to the tota% E7&ity, if it o""&rs

$rior to "o($%etion of a $eriod t!o years after /*-, sha%% "onstit&te /han'e in

*!nershi$J

1Can"e %) Sc%!e2 sha%% hae the (eanin' as set forthin /%a&se 1P.1.1J

1C%&!an$2 (eans the "o($any a"tin' as the /on"essionaire

&nder this A'ree(entJ 1C%&!leti%n Certi)icate3 sha%% hae the

(eanin' as set forth in /%a&se 1.2J C%&!leti%n C%st2 sha%% hae

the (eanin' as set forth in /%a&se 2.P.1

1C%ncessi%n2 sha%% hae the (eanin' as set forthin /%a&se .1.1J

1C%ncessi%naire2 sha%% hae the (eanin' attri4&ted thereto in the array of +arties as set forth in the

Re"ita%sJ

1C%ncessi%n Peri%*2 (eans the $eriod startin' on and fro( A$$ointed -ate

and endin' on the Transfer -ate. @or aoidan"e of do&4t it is "%arified that the

/on"ession +eriod sha%% in"%&de the /onstr&"tion +eriod $%&s a 5#ed $eriod of [1

years] of *$eration Maintenan"e +eriod fro( the /*-J

1C%ncessi%naire De)ault2 sha%% hae the (eanin' as setforth in /%a&se 1.1.1J

1C%n*iti%ns Prece*ent3 sha%% hae the (eanin' as set

forth in /%a&se .1.1J1C%ns%rtiu&2 sha%% hae the (eanin' as set forthin Re"ita% 6) JF

1C%ns%rtiu& 'e&ber2 (eans a "o($any s$e"i5ed in Re"ita% 6) as a(e(4er of the /onsorti&( JF

1C%nstructi%n Peri%*2 (eans the $eriod 4e'innin' fro( the A$$ointed-ate and endin' on /*-J

1C%nstructi%n ,%r8s2 (eans a%% !or>s and thin's ne"essary to "o($%ete the

+roBe"t in a""ordan"e !ith this A'ree(entJ

1C%ntract%r2 (eans the $erson or $ersons, as the "ase (ay 4e, !ith !ho( the

/on"essionaire has entered into any of the E+/ /ontra"t, the *M /ontra"t or any

other (ateria% a'ree(ent or "ontra"t for "onstr&"tion, o$eration andor



111

(aintenan"e of the +roBe"t or (atters in"identa% thereto, 4&t does not in"%&de a

$erson !ho has entered into an a'ree(ent for $roidin' 5nan"ia% assistan"e to

the /on"essionaireJ

1Cure Peri%*2 (eans the $eriod s$e"ified in this A'ree(ent for "&rin' any

4rea"h or defa&%t of any $roision of this A'ree(ent 4y the +arty res$onsi4%e for

s&"h 4rea"h or defa&%t and sha%%=

a) /o((en"e fro( the date on !hi"h a noti"e is de%iered 4y one+arty to the other

+arty as>in' the %atter to "&re the 4rea"h or defa&%t s$e"i5ed in s&"hnoti"eJ

4) Not re%iee any +arty fro( %ia4i%ity to $ay -a(a'es or

"o($ensation &nder the $roisions of this A'ree(entJ and



") Not in any !ay 4e e#tended 4y any $eriod of S&s$ension&nder this A'ree(entJ

$roided that if the "&re of any 4rea"h 4y the /on"essionaire re7&ires any

reasona4%e a"tion 4y the /on"essionaire that (&st 4e a$$roed 4y the A&thority

or the Inde$endent En'ineer here&nder, the a$$%i"a4%e /&re +eriod sha%% 4e

e#tended 4y the $eriod ta>en 4y the A&thority or the Inde$endent En'ineer toa""ord their a$$roa%J

1DBOT2 %r 1-esi'n, 6&i%d, *$erate and Transfer3 sha%% hae the (eanin' asset forth in Re"ita% A)J

1Da&a"es2 sha%% hae the (eanin' as set forth in S&4<"%a&se!) of /%a&se 1.2.1J

1Debt Due2 (eans the a''re'ate of the fo%%o!in' s&(s e#$ressed in Indian

R&$ees o&tstandin' on the Transfer -ate=

a) the $rin"i$a% a(o&nt of the de4t $roided 4y the Senior enders

&nder the @inan"in' A'ree(ents for 5nan"in' the Tota% +roBe"t /ostthe $rin"i$a%3) 4&t e#"%&din' any $art of the $rin"i$a% that had

fa%%en d&e for re$ay(ent t!o years $rior to the Transfer -ateJ

4) a%% a""r&ed interest, 5nan"in' fees and "har'es $aya4%e

&nder the @inan"in' A'ree(ents on, or in res$e"t of, the de4t

referred to in S&4<"%a&se a) a4oe &nti% the Transfer -ate 4&t

e#"%&din' i) any interest, fees or "har'es that had fa%%en d&e one

year $rior to the Transfer -ate, ii) any $ena% interest or "har'es

$aya4%e &nder the @inan"in' A'ree(ents to any Senior ender, and

iii) any $re<$ay(ent "har'es in re%ation to a""e%erated re$ay(ent of

de4t e#"e$t !here s&"h "har'es hae arisen d&e to A&thority -efa&%tJand

") any S&4ordinated -e4t !hi"h is in"%&ded in the @inan"ia% +a">a'e

and dis4&rsed 4y %enders for 5nan"in' the Tota% +roBe"t /ostJ

$roided that if a%% or any $art of the -e4t -&e is "onerti4%e into E7&ity at

the o$tion of Senior enders andor the /on"essionaire, it sha%% for the $&r$oses

of this A'ree(ent 4e dee(ed to 4e -e4t -&e een after s&"h "onersion and the

$rin"i$a% thereof sha%% 4e dea%t !ith as if s&"h "onersion had not 4een

&nderta>enJ

+roided f&rther that the -e4t -&e, on or after /*-, sha%% in no "ase e#"eed 0Q

5fty $er"ent) of the6id +roBe"t/ostJ

1Debt Service2 (eans the s&( of a%% $ay(ents on a""o&nt of $rin"i$a%, interest,

5nan"in' fees and "har'es d&e and $aya4%e in an A""o&ntin' Zear to the Senior

enders for and in res$e"t of -e4t -&e &nder the @inan"in' A'ree(entsJ

1Dee&e* Per)%r&ance Securit$2 sha%% hae the (eanin' asset forth in /%a&se .

1Devel%!&ent Peri%*2 (eans the $eriod fro( the date of this A'ree(ent

&nti% the A$$ointed -ateJ

1Dis!ute2 sha%% hae the (eanin' as set forth in/%a&se .1.1J



1Dis!ute Res%luti%n Pr%ce*ure2 (eans the $ro"ed&re for reso%&tion of -is$&tes as set forth in Arti"%e

J

1Divest&ent Re4uire&ents2 (eans the o4%i'ations of the /on"essionairefor and in res$e"t of

Ter(ination as set forth in/%a&se 2.1J



1D%cu&ent2 %r 1D%cu&entati%n2 &eans *%cu&entati%n in !rinte* %r

#ritten )%r&- %r in ta!es- dis"s, dra!in's, "o($&ter $ro'ra((ers, !ritin's,

re$orts, $hoto'ra$hs, 5%(s, "assettes, or e#$ressed in any other !ritten,

e%e"troni", a&dio or is&a% for(J

1Dra#in"s2 (eans a%% of the dra!in's, "a%"&%ations and do"&(ents $ertainin'

to the +roBe"t as set forth in S"hed&%e<H, and sha%% in"%&de âs 4&i%tK dra!in's of the +roBe"tJ

1EPC C%ntract2 (eans the en'ineerin', $ro"&re(ent and "onstr&"tion "ontra"t

or "ontra"ts entered into 4y the /on"essionaire !ith one or (ore /ontra"tors for,

inter a%ia, en'ineerin' and "onstr&"tion of the +roBe"t in a""ordan"e !ith the


1EPC C%ntract%r2 (eans the $erson !ith !ho( the /on"essionaire has enteredinto an E+/ /ontra"tJ

1E&er"enc$2 (eans a "ondition or sit&ation that is %i>e%y to endan'er the

se"&rity of the indiid&a%s on or a4o&t the +roBe"t, in"%&din' Lsers thereof, or

!hi"h $oses an i((ediate threat of (ateria% da(a'e to any of the +roBe"t AssetsJ

1Encu&brances2 (eans, in re%ation to the +roBe"t, any en"&(4ran"es s&"h as

(ort'a'e, "har'e, $%ed'e, %ien, hy$othe"ation, se"&rity interest, assi'n(ent,

$rii%e'e or $riority of any >ind hain' the ee"t of se"&rity or other s&"h

o4%i'ations, and sha%% in"%&de any desi'nation of %oss $ayees or 4ene5"iaries

or any si(i%ar arran'e(ent &nder any ins&ran"e $o%i"y $ertainin' to the +roBe"t,

!here a$$%i"a4%e herein 4&t e#"%&din' &ti%ities referred to in /%a&se 11.1J

1E4uit$2 (eans the s&( e#$ressed in Indian R&$ees re$resentin' the $aid &$

e7&ity share "a$ita% of the /on"essionaire for (eetin' the e7&ity "o($onent of

the Tota% +roBe"t /ost, and for the $&r$oses of this A'ree(ent sha%% in"%&de"onerti4%e instr&(ents or other si(i%ar for(s of "a$ita%, !hi"h sha%% "o($&%sori%y

"onert into e7&ity share "a$ita% of the /o($any, and any interest<free f&nds

adan"ed 4y any shareho%der of the /o($any for (eetin' s&"h e7&ity "o($onentJ

1Escr%# Acc%unt2 (eans an A""o&nt !hi"h the /on"essionaire sha%% o$en and

(aintain !ith a 6an> in !hi"h a%% in?o!s and o&tf%o!s of "ash on a""o&nt of

"a$ita% and reen&e re"ei$ts and e#$endit&res sha%% 4e "redited and de4ited, as

the "ase (ay 4e, in a""ordan"e !ith the $roisions of this A'ree(ent, and

in"%&des the S&4<A""o&nts of s&"h Es"ro! A""o&ntJ

1Escr%# A"ree&ent3 sha%% hae the (eanin' as set forth

in /%a&se 2.1.2J 1Escr%# Ban8 3 sha%% hae the (eanin'

as set forth in /%a&se 2.1.1J 1Escr%# De)ault3 sha%% hae

the (eanin' as set forth in S"hed&%e<*J

Esti&ate* Pr%+ect C%st3 sha%% 4e the "ost esti(ated 4y the A&thority for

dee%o$(ent of the +roBe"t and $roided in the Re7&est for +ro$osa% Co%&(e I

Instr&"tions to 6idders.

6inancial Cl%se3 (eans the f&%fi%%(ent of a%% "onditions $re"edent to the initia%

aai%a4i%ity of f&nds &nder the @inan"in' A'ree(ents !hi"h sha%% 4e "o((&ni"ated

4y the enderKs Re$resentatie to the A&thority in !ritin'. S&"h "o((&ni"ationfro( enderKs Re$resentatie sha%% 4e treated as date on !hi"h the @inan"ia% /%ose

is a"hieedJ



16inancial De)ault2 sha%% hae the (eanin' as setforth in S"hed&%e<RJ

16inancial '%*el2 (eans the 5nan"ia% (ode% ado$ted 4y Senior enders, settin'

forth the "a$ita% and o$eratin' "osts of the +roBe"t and reen&es therefro( on the

4asis of !hi"h finan"ia% ia4i%ity of the +roBe"t has 4een deter(ined 4y the Senior

enders, and in"%&des a des"ri$tion of the ass&($tions and $ara(eters &sed for

(a>in' "a%"&%ations and $roBe"tions thereinJ



16inancial Pac8a"e2 (eans the 5nan"in' $a">a'e indi"atin' the tota% "a$ita%

"ost of the +roBe"t and the (eans of 5nan"in' thereof, as set forth in the

@inan"ia% Mode% and a$$roed 4y the Senior enders, and in"%&des E7&ity, a%%

5nan"ia% assistan"e s$e"i5ed in the @inan"in' A'ree(ents and S&4ordinated -e4t,

if anyJ

16inancin" A"ree&ents2 (eans the a'ree(ents e#e"&ted 4y the/on"essionaire in res$e"t of 5nan"ia% assistan"e to 4e $roided 4y the Senior

enders 4y !ay of %oans, '&arantees, s&4s"ri$tion to non<"onerti4%e de4ent&res

and other de4t instr&(ents in"%&din' %oan a'ree(ents, '&arantees, notes,

de4ent&res, 4onds and other de4t instr&(ents, se"&rity a'ree(ents, and other

do"&(ents re%atin' to the 5nan"in' in"%&din' re5nan"in') of the Tota% +roBe"t

/ost, and in"%&des a(end(ents or (odifi"ations (ade in a""ordan"e !ith /%a&se

.2.J

16%rce 'a+eure2 %r 16%rce 'a+eure Event2 sha%% hae the (eanin'as"ri4ed to it in /%a&se 2.1J

1(OI2 (eans the Goern(entof India

1(%%* In*ustr$ Practice2 (eans the $ra"ti"es, (ethods, te"hni7&es, desi'ns,

standards, s>i%%s, di%i'en"e, eV"ien"y, re%ia4i%ity and $r&den"e !hi"h are 'enera%%y

and reasona4%y e#$e"ted fro( a reasona4%y s>i%%ed and e#$erien"ed o$erator

en'a'ed in the sa(e ty$e of &nderta>in' as enisa'ed &nder this A'ree(ent and

!hi"h !o&%d 4e e#$e"ted to res&%t in the $erfor(an"e of its o4%i'ations 4y the

/on"essionaire in a""ordan"e !ith this A'ree(ent, A$$%i"a4%e a!s and A$$%i"a4%e

+er(its in re%ia4%e, safe, e"ono(i"a% and eV"ient (anner and for $roidin'

safe, e"ono(i"a%, re%ia4%e and eV"ient &se of the +roBe"tJ

1(%vern&ent2 (eans the Goern(entof the IndiaJ

1(%vern&ent Instru&entalit$2 (eans any de$art(ent, diision or s&4<diision

of the Goern(ent or the State Goern(ent and in"%&des any "o((ission, 4oard,

a&thority, a'en"y or (&ni"i$a% and other %o"a% a&thority or stat&tory 4ody,

in"%&din' +an"hayat, &nder the "ontro% of the Goern(ent or the State

Goern(ent, as the "ase (ay 4e, and hain' B&risdi"tion oer a%% or any $art of the

+roBe"t or the $erfor(an"e of a%% or any of the seri"es or o4%i'ations of the

/on"essionaire &nder or $&rs&ant to this A'ree(entJ

1In*e&ni)ie* Part$2 (eans the +arty entit%ed to the 4ene5t of an inde(nity

$&rs&ant to Arti"%e PJ 1In*e&ni)$in" Part$2 (eans the +arty o4%i'ated to

inde(nify the other +arty $&rs&ant to Arti"%e PJ 1In*e!en*ent En"ineer2

sha%% hae the (eanin' as set forth in /%a&se 21.1J

1In*irect P%litical Event2 sha%% hae the (eanin' as setforth in /%a&se 2.J

1Insurance C%ver2 (eans the a''re'ate of the (a#i(&( s&(s ins&red &nder

the ins&ran"es ta>en o&t 4y the /on"essionaire $&rs&ant to Arti"%e 2P, and

in"%&des a%% ins&ran"es re7&ired to 4e ta>en o&t 4y the /on"essionaire &nder

/%a&se 2P.2 4&t not a"t&a%%y ta>en, and !hen &sed in the "onte#t of any a"t oreent, it sha%% (ean the a''re'ate of the (a#i(&( s&(s ins&red and $aya4%e or

dee(ed to 4e ins&red and $aya4%e in re%ation to s&"h a"t or eentJ



1Intellectual Pr%!ert$2 (eans a%% $atents, trade(ar>s, seri"e (ar>s, %o'os,

'et<&$, trade na(es, internet do(ain na(es, ri'hts in desi'ns, 4%&e $rints,

$ro'ra(s and (an&a%s, dra!in's, "o$yri'ht in"%&din' ri'hts in "o($&ter

soft!are), data4ase ri'hts, se(i<"ond&"tor, to$o'ra$hy ri'hts, &ti%ity (ode%s,

ri'hts in >no!<ho! and other inte%%e"t&a% $ro$erty ri'hts, in ea"h "ase !hether

re'istered or &nre'istered and in"%&din' a$$%i"ations for re'istration, and a%% ri'hts

or for(s of $rote"tion hain' e7&ia%ent or si(i%ar ee"t any!here in the !or%dJ

1LOA2 %r 1Letter %) A#ar*2 (eans the %etter of a!ardreferred to in Re"ita% -)J



1Len*ers Re!resentative2 (eans the $erson d&%y a&thori;ed 4y the Senior

enders to a"t for and on 4eha%f of the Senior enders !ith re'ard to (atters

arisin' o&t of or in re%ation to this A'ree(ent, and in"%&des his s&""essors, assi'ns

and s&4stit&tesJ

1License* Pre&ises2 sha%% hae the (eanin' as set

forth in /%a&se 10.2.2J1'%RTH2 (eans the Ministry of Road Trans$ort and Hi'h!ays or any s&4stit&te

thereof dea%in' !ith hi'h!aysJ

1'aintenance 'anual2 sha%% hae the (eanin' as set forth in

/%a&se 1O..1J 1'aintenance Pr%"ra&2 sha%% hae the

(eanin' as set forth in /%a&se 1O..1J 1'aintenance

Re4uire&ents2 sha%% hae the (eanin' as set forth in /%a&se

1O.2J

1'aterial A*verse E?ect2 (eans a (ateria% aderse ee"t of any a"t or eenton the a4i%ity of either

+arty to $erfor( any of its o4%i'ations &nder and in a""ordan"e !ith the $roisions

of this A'ree(ent and !hi"h a"t or eent "a&ses a (ateria% 5nan"ia% 4&rden or

%oss to either +artyJ

1N%&inate* C%&!an$2 (eans a "o($any se%e"ted 4y the endersK

Re$resentatie and $ro$osed to the A&thority for s&4stit&tin' the /on"essionaire

in a""ordan"e !ith the $roisions of the S&4stit&tion A'ree(entJ

1N%n/P%litical Event2 sha%% hae the (eanin' as set

forth in /%a&se 2.2J

1O'2 (eans the o$eration and (aintenan"e of the +roBe"t and in"%&des a%%

(atters "onne"ted !ith or in"identa% to s&"h o$eration and (aintenan"e, and

$roision of seri"es and fa"i%ities, in a""ordan"e !ith the $roisions of this

A'ree(entJ

1O' C%ntract2 (eans the o$eration and (aintenan"e "ontra"t that (ay 4e

entered into 4et!een the /on"essionaire and the *M /ontra"tor for $erfor(an"e

of a%% or any of the *M o4%i'ationsJ

1O' C%ntract%r2 (eans the $erson, if any, !ith !ho( the /on"essionaire has

entered into an *M /ontra"t for dis"har'in' *M o4%i'ations for and on 4eha%f of the /on"essionaireJ

1O' E!enses2 (eans e#$enses in"&rred 4y or on 4eha%f of the

/on"essionaire or 4y the A&thority, as the "ase (ay 4e, for a%% *M in"%&din' a)

"ost of sa%aries and other "o($ensation to e($%oyees, 4) "ost of (ateria%s,

s&$$%ies, &ti%ities and other seri"es, ") $re(ier for ins&ran"e, d) a%% ta#es,

d&ties, "ess and fees d&e and $aya4%e for *M, e) a%% re$air, re$%a"e(ent,

re"onstr&"tion, reinstate(ent, i($roe(ent and (aintenan"e "osts, f)

$ay(ents re7&ired to 4e (ade &nder the *M /ontra"t or any other "ontra"t in

"onne"tion !ith or in"identa% to *M, and ') a%% other e#$endit&re re7&ired to 4e

in"&rred &nder A$$%i"a4%e a!s, A$$%i"a4%e +er(its or this A'ree(entJ

1O' Ins!ecti%n Re!%rt2 sha%% hae the (eanin' as setforth in /%a&se 1.2J



1O' Pa$&ents2 sha%% hae the (eanin' as set forthin /%a&se 2.O.1

1O!erati%n Peri%*2 (eans the o$eration and (aintenan"e $eriod of 1 5fteen)

years "o((en"in' fro( /*- and endin' on the Transfer -ateJ

Parties2 (eans the $arties to this A'ree(ent "o%%e"tie%y and +arty3 sha%% (eanany of the $arties to

this A'ree(entindiid&a%%yJ

Pa$&ent 'ilest%ne2 sha%% hae the (eanin' as setforth in /%a&se 2.J

1Per)%r&ance (uarantee3 sha%% hae the (eanin' as setforth in /%a&se .2.J



1Per)%r&ance Securit$3 sha%% hae the (eanin' as setforth in /%a&se .1.1J

1P$sical Pr%"ress2 sha%% (ean the $hysi"a% "onstr&"tion of the +roBe"t

"o($%eted 4y the /on"essionaire and sha%% 4e (eas&red as $er the assess(ent

done 4y the Inde$endent En'ineer 4ased on the re%eant '&idan"es '&ide%ines

iss&ed 4y Indian Road /on'ress fro( ti(e to ti(e.1P%litical Event2 sha%% hae the (eanin' as setforth in /%a&se 2.J

1Price In*e3 sha%%"o($rise=

a) O0Q seenty $er "ent) of +IJ and

4) 0Q thirty $er "ent) of /+I I),

hi"h "onstit&ents (ay 4e s&4stit&ted 4y s&"h a%ternatie inde# or indi"es as the

+arties (ay 4y (&t&a% "onsent deter(ineJ

1Price In*e 'ulti!le2 sha%% hae the (eanin' setforth in 2.2.J

1Pr%+ect3 (eans the "onstr&"tion, o$eration and (aintenan"e of the +roBe"t in

a""ordan"e !ith the $roisions of this A'ree(ent, and in"%&des a%% !or>s, seri"es

and e7&i$(ent re%atin' to or in res$e"t of the S"o$e of the +roBe"t in Site

"o($risin' the e#istin' road "o($risin' NH<99 fro( >( 99 to >( 99 and a%% +roBe"t

Assets, and its s&4se7&ent dee%o$(ent and a&'(entation in a""ordan"e !ith this

A'ree(entJ

1Pr%+ect A"ree&ents2 (eans this A'ree(ent, the @inan"in' A'ree(ents,

E+/ /ontra"t, *M /ontra"t, and any other (ateria% a'ree(ents or "ontra"tsthat (ay 4e entered into 4y the /on"essionaire !ith any $erson in "onne"tion!ith (atters re%atin' to, arisin' o&t of or in"identa% to the +roBe"t, 4&t does not

in"%&de the Es"ro! A'ree(ent, S&4stit&tion A'ree(ent, or any a'ree(ent for$ro"&re(ent of 'oods and seri"es ino%in' a "onsideration of &$ to Rs.2 "rore

t!enty fie "rore)1P

J

1Pr%+ect Assets2 (eans a%% $hysi"a% and other assets re%atin' to and for(in'

$art of the Site in"%&din' a) ri'hts oer the Site in the for( of %i"ense, Ri'ht of

ay or other!iseJ 4) tan'i4%e assets s&"h as "ii% !or>s and e7&i$(ent in"%&din'fo&ndations, [e(4an>(ents, $ae(ents, road s&rfa"e, inter"han'es, 4rid'es,

"&%erts, road oer 4rid'es, draina'e !or>s, trai" si'na%s, si'n 4oards, >i%o(eter<

stones, to%% $%a;as), e%e"tri"a% syste(s, "o((&ni"ation syste(s, rest areas, re%ief

"enters, (aintenan"e de$ots and ad(inistratie oi"es]J ") +roBe"t @a"i%ities

sit&ated on the SiteJ d) a%% ri'hts of the /on"essionaire &nder the +roBe"t

A'ree(entsJ e) 5nan"ia% assets, s&"h as re"eia4%es, se"&rity de$osits et".J f)

ins&ran"e $ro"eedsJ and ') A$$%i"a4%e +er(its and a&thori;ations re%atin' to or in

res$e"t of the +roBe"tJ

1Pr%+ect C%&!leti%n Sce*ule2 (eans the $ro'ressie +roBe"t Mi%estones set

forth in S"hed&%e<G for "o($%etion of the +roBe"t on or 4efore the S"hed&%ed/o($%etion -ateJ



1Pr%+ect 6acilities2 (eans a%% the a(enities and fa"i%ities sit&ated on theSite, as des"ri4ed in

S"hed&%e</J

1Pr%+ect 'ilest%nes2 (eans the $roBe"t (i%estones as setforth in S"hed&%e<GJ

1Pr%visi%nal Certi)icate2 sha%% hae the (eanin' as setforth in /%a&se 1.J

1P This (ay 4e 5#ed at the hi'her of= a) 2Q t!o $er "ent) of Tota% +roBe"t /ost and 4) Rs. 2 t!enty fie) "rore.



1Punc List2 sha%% hae the (eanin' as"ri4ed to it in /%a&se 1..1 and, if

a$$%i"a4%e, sha%% on%y in"%&de any or a%% of the 4e%o!=

i) $%antation of aen&e trees a%on' the ed'e of the Ro and other%ands"a$in' !or>s !ithin

Ro

ii) "o($%etion of !or> on +roision of Ln%inedRoadside -rains

iii) %inin' of roadside drains inidenti5ed stret"hes

i) "onstr&"tion of rest areas, asa$$roed

) "o($%etion of @en"in'or>s of Ro

i) t&rfin' on e(4an>(ent s%o$es inidenti5ed se"tions

ii) $ointin' to Stone Masonry !or>s in identified /ross-raina'e Str&"t&res

iii) stone +it"hin' at identified%o"ations

1RBI2 (eans the Resere 6an> of India, as "onstit&ted and e#istin' &nder theResere 6an> of India

A"t, 1, in"%&din' any stat&tory (odifi"ation or re$%a"e(ent thereof,and its s&""essorsJ

1Re<2- 1Rs <2 %r 1Ru!ees2 %r 1In*ian Ru!ees2 (eans the %a!f&%

"&rren"y of the Re$&4%i" of IndiaJ

1Re)erence Ecan"e Rate2 &eans, in res$e"t of any one "&rren"y that is

to 4e "onerted into another "&rren"y in a""ordan"e !ith the $roisions of this

A'ree(ent, the e#"han'e rate as of 12.00 t!e%e) noon on the re%eant date

7&oted in -e%hi 4y the State 6an> of India, and in the a4sen"e of s&"h rate, the

aera'e of si(i%ar rates 7&oted in -e%hi 4y the 6an> of India and the 6an> of

6arodaJ

1Re)erence In*e Date2 (eans, in res$e"t of the s$e"i5ed date or (onth, as

the "ase (ay 4e, that %ast day of the $re"edin' (onth !ith referen"e to !hi"h

the +ri"e Inde# or any "onstit&ent thereof is reised and in the eent s&"h

reision has not 4een noti5ed, the %ast s&"h +ri"e Inde# or any "onstit&entthereof sha%% 4e ado$ted $roisiona%%y and &sed &nti% the +ri"e Inde# or s&"h

"onstit&ent thereof is reised and notifiedJ

1Re4uest )%r Pr%!%sals2 or R@+3 sha%% hae the (eanin' as setforth in Re"ita% /)J

1Re4uest )%r 5uali)icati%n2 or R@83 sha%% hae the (eanin' asset forth in Re"ita% 6)J

1Ri"t %) ,a$2 (eans the "onstr&"tie $ossession of the Site, to'ether

!ith a%% !ay %eaes, ease(ents, &nrestri"ted a""ess and other ri'hts of !ay,

ho!soeer des"ri4ed, ne"essary for "onstr&"tion, o$eration and (aintenan"e of the +roBe"t in a""ordan"e !ith this A'ree(entJ



1Sa)et$ C%nsultant2 sha%% hae the (eanin' as set forth in

/%a&se 1.1.2J 1Sa)et$ Re4uire&ents3 sha%% hae the (eanin'

as set forth in /%a&se 1.1.1J 1Sce*ule* C%&!leti%n Date2

sha%% hae the (eanin' as set forth in /%a&se 12..1J 1Sc%!e %)

te Pr%+ect2 sha%% hae the (eanin' as set forth in /%a&se 2.1J1Seni%r Len*ers2 (eans the 5nan"ia% instit&tions, 4an>s, (&%ti%atera% %endin'

a'en"ies, tr&sts, f&nds and a'ents or tr&stees of de4ent&re ho%ders, in"%&din'

their s&""essors and assi'nees, !ho hae a'reed to '&arantee or $roide

5nan"e to the /on"essionaire &nder any of the @inan"in' A'ree(ents for (eetin'

a%% or any $art of the Tota% +roBe"t /ost and !ho ho%d $ari $ass& "har'e on the

assets, ri'hts, tit%e and interests of the /on"essionaireJ

1Site2 sha%% hae the (eanin' as set forth in/%a&se 10.1J



S!eci)icati%ns an* Stan*ar*s2 (eans the s$e"ifi"ations and standards

re%atin' to the 7&a%ity, 7&antity, "a$a"ity and other re7&ire(ents for the +roBe"t,

as set forth in S"hed&%e<-, and any (odifi"ations thereof, or additions thereto, as

in"%&ded in the desi'n and en'ineerin' for the +roBe"t s&4(itted 4y the

/on"essionaire to, and e#$ress%y a$$roed 4y, the A&thorityJ

1State2 (eans the State …………………. or the Lnion Territory of ……….., asthe "ase (ay 4e, and

State (%vern&ent3 (eans the 'oern(entof that StateJ

1Statut%r$ Au*it%rs2 (eans a re$&ta4%e 5r( of "hartered a""o&ntants a"tin' as

the stat&tory a&ditors of the /on"essionaire &nder the $roisions of the

/o($anies A"t, 201, in"%&din' any re<ena"t(ent or a(end(ent thereof, for the

ti(e 4ein' in for"e, and a$$ointed in a""ordan"e !ith /%a&se 2O.2.1J

1Sub%r*inate* Debt2 (eans the a''re'ate of the fo%%o!in' s&(s e#$ressed in

Indian R&$ees or in the "&rren"y of de4t, as the "ase (ay 4e, o&tstandin' as on the

Transfer -ate=

a) the $rin"i$a% a(o&nt of de4t $roided 4y %enders or the /on"essionaireKs

shareho%ders for (eetin' the Tota% +roBe"t /ost and s&4ordinated to the

5nan"ia% assistan"e $roided 4y the Senior endersJ and

4) a%% a""r&ed interest on the de4t referred to in S&4<"%a&se a) a4oe 4&t

restri"ted to the %esser of a"t&a% interest rate and a rate e7&a% to Q 5e

$er "ent) a4oe the 6an> Rate in "ase of %oans e#$ressed in Indian R&$ees

and %esser of the a"t&a% interest rate and P si#) (onth I6*R ondon Inter<

6an> *er Rate) $%&s 2Q t!o $er "ent) in "ase of %oans e#$ressed in

forei'n "&rren"y, 4&t does not in"%&de any interest that had fa%%en d&e 1

one) year $rior to the Transfer -ateJ

$roided that if a%% or any $art of the S&4ordinated -e4t is "onerti4%e into E7&ity at

the o$tion of the %enders andor the /on"essionaireKs shareho%ders, it sha%% for the

$&r$oses of this A'ree(ent 4e dee(ed to 4e S&4ordinated -e4t een after s&"h

"onersion and the $rin"i$a% thereof sha%% 4e dea%t !ith as if s&"h "onersion had

not 4een &nderta>enJ

1Substituti%n A"ree&ent2 sha%% hae the (eanin' as setforth in /%a&se ..1J

1Sus!ensi%n2 sha%% hae the (eanin' as set forth

in /%a&se 0.1J1Taes2 (eans any Indian ta#es in"%&din' e#"ise d&ties, "&sto(s d&ties, a%&e

added ta#, sa%es ta#, %o"a% ta#es, "ess and any i($ost or s&r"har'e of %i>e nat&re

!hether /entra%, State or %o"a%) on the 'oods, (ateria%s, e7&i$(ent and seri"es

in"or$orated in and for(in' $art of the +roBe"t "har'ed, %eied or i($osed 4y any

Goern(ent Instr&(enta%ity, 4&t e#"%&din' any interest, $ena%ties and other s&(s in

re%ation thereto i($osed on any a""o&nt !hatsoeer. @or the aoidan"e of do&4t,

Ta#es sha%% not in"%&de ta#es on "or$orate in"o(eJ

1Ter&inati%n2 (eans the e#$iry or ter(ination of this A'ree(ent and the/on"ession here&nderJ

1Ter&inati%n N%tice2 (eans the "o((&ni"ation iss&ed in a""ordan"e !ith this

A'ree(ent 4y one +arty to the other +arty ter(inatin' this A'ree(entJ



1Ter&inati%n Pa$&ent2 (eans the a(o&nt $aya4%e 4y the A&thority to the

/on"essionaire, &nder and in a""ordan"e !ith the $roisions of this A'ree(ent, &$on

Ter(inationJ

1Tests2 (eans the tests set forth in S"hed&%e<I to deter(ine the "o($%etion of the

+roBe"t in a""ordan"e !ith the $roisions of this A'ree(entJ



1T%tal Pr%+ect C%st2 (eans P0 Q si#ty $er"ent)1O

of the 6id +roBe"t /osts$e"ified in /%a&se 2.1J

$roided that in the eent +I in"reases, on an aera'e, 4y (ore than Q three $er

"ent) $er ann&( for the $eriod 4et!een the 6id -ate and /*-, the a(o&nt

herein4efore s$e"i5ed sha%% 4e in"reased s&"h that the ee"t of in"rease in +I, in

e#"ess of s&"h Q three $er "ent), is re?e"ted in the Tota% +roBe"t /ostJ

$roided f&rther that in the eent of Ter(ination, the Tota% +roBe"t /ost sha%% 4e

dee(ed to 4e (odified to the e#tent of ariation in +I or Referen"e E#"han'e

Rate o""&rrin' in res$e"t of -e4t -&e, as the "ase (ay 4e, in a""ordan"e !ith the


+roided a%so that the Tota% +roBe"t /ost sha%% not e#"eed the a"t&a% "a$ita%"ost of the +roBe"tJ

1Trans)er Date2 (eans the date on !hi"h this A'ree(ent and the

/on"ession here&nder e#$ires $&rs&ant to the $roisions of this A'ree(ent or is

ter(inated 4y a Ter(ination Noti"eJ

1User2 (eans a $erson !ho &ses or intends to &se the +roBe"t or any $art thereof in

a""ordan"e !ith the $roisions of this A'ree(ent and A$$%i"a4%e a!sJ

1Vestin" Certi)icate2 sha%% hae the (eanin' as set forthin /%a&se 2.J and

1,PI2 (eans the ho%esa%e +ri"e Inde# for a%% "o((odities as $&4%ished 4y the

Ministry of Ind&stry, G*I and sha%% in"%&de any inde# !hi"h s&4stit&tes the +I, and

any referen"e to +I sha%%, &n%ess the "onte#t other!ise re7&ires, 4e "onstr&ed as a

referen"e to the %atest (onth%y +I $&4%ished no %ater than 0 thirty) days $rior to

the date of "onsideration here&nder.

IN ITNESS HERE*@ THE +ARTIES HACE EXE/LTE- AN- -EICERE- THIS

AGREEMENT AS *@ THE -AZ, M*NTH AN- ZEAR @IRST A6*CE RITTEN.

SIGNE-, SEAE- AN- -EICERE- @or andon 4eha%f of

THE ALTH*RITZ 4y=

Si'nat&re

)-esi'nation)Na(e)Address)@a#No.) e<(ai%)

THE /*MM*N SEA *@ /*N/ESSI*NAIREhas 4een ai#ed $&rs&ant to thereso%&tion $assed 4y the 6oard of-ire"tors of the /on"essionaire at its(eetin' he%d on the [] day of []20[]here&nto af5#ed in the $resen"e of[]-ire"tor, !ho has si'ned these +resents in

to>en thereof and, /o($any Se"retaryA&thori;ed *i"er !ho has "o&ntersi'nedthe sa(e in to>en thereof=

Si'nat&re)-esi'nation)Na(e)Address)@a#No.) e<(ai%)



In the $resen"e of=

1. 2.

1OIn "ase 0Q 5fty $er "ent) is s&4stit&ted in /%a&se 2..1, 100Q<s&"h s&4stit&ted 5'&re (ay 4e s$e"i5ed here.



Sce*ules




120



121

SCHEDULE/ A

1 TeSite

See /%a&se10.1)

SITE O6 THE

PROJECT

1.1 Site of the [T!o<ane] +roBe"t sha%% in"%&de the %and, 4&i%din's, str&"t&res and

road !or>s as des"ri4ed in Anne#s,

trees and any other i((oa4%e $ro$erty on, or atta"hed to, the Site sha%% 4e

$re$ared Boint%y 4y the A&thority Re$resentatie and the /on"essionaire, and

s&"h inentory sha%% for( $art of the (e(orand&( referred to in /%a&se 10..1

of the A'ree(ent.

1. Additiona% %and re7&ired for "onstr&"tion of !or>s s$e"ified in the /han'e of S"o$e *rder iss&ed &nder /%a&se 1P.2. of this A'ree(ent sha%% 4e a"7&ired in

a""ordan"e !ith the $roisions of /%a&se

10..P of this A'ree(ent. L$on a"7&isition, s&"h %and sha%% for( $art of theSite and est in the

A&thority.



Anne / I

Sce*ule/A7

Site )%r Pr%+ect

FN%te .3 Thro&'h s&ita4%e dra!in's and des"ri$tion in !ords, the %and, 4&i%din's,

str&"t&res and road!or>s "o($risin' the Site sha%% 4e s$e"ified 4rie?y 4&t $re"ise%y in this Anne#<I.]

FN%te 93 -es"ri$tion of the %and sha%% in"%&de referen"e to the re%eant %anda"7&isition noti5"ations)

for and in res$e"t of the Site.]

.< Site

The Site of the +roBe"t "o($rises the se"tion of State Hi'h!ay 99 "o((en"in'fro( Y( 999 to Y(

999 i.e. the 999 < 999 se"tion in the State of 999. The %and, "arria'e!ay and str&"t&res

"o($risin' theSite are des"ri4ed 4e%o!.

9< Lan*

The Site of the +roBe"t "o($rises the. and des"ri4ed 4e%o!=

S.No. /haina'e In Y() Tota% R* In()

Re(ar>s

@ro( To

:< Carria"e#a$

The $resent "arria'e!ay of the +roBe"t is a [2<%ane diided "arria'e!ay !ith

$aed sho&%ders in its entire %en'th].

;< 'a+%r Bri*"es

The Site in"%&des the fo%%o!in' MaBor 6rid'es=

S.No /haina'e in Ty$e of No. of S$ans idth In ()

=< Rail#a$ Over Bri*"es

The Site in"%&des the fo%%o!in' Rai%!ay *er 6rid'es=

S.No /haina'e in Y()

Ty$e ofStr&"t&re

No. of S$ans idth In ()

>< (ra*e Se!arat%rs

The Site in"%&des the fo%%o!in' Grade Se$arators=

S.No /haina'e in Y()

Ty$e ofStr&"t&re




@< 'in%r Bri*"es

The Site in"%&des the fo%%o!in' Minor 6rid'es=

S.No /haina'e

in Y()

Ty$e of

Str&"t&re


T%tal nu&ber %) structures

The tota% n&(4er of str&"t&res on the Site isnoted 4e%o!=

[a) No. of MaBor 6rid'es

99 4) No. of Rai%!ay *er 6rid'es

99 ") No. of Grade Se$arators

99 d) No. of Minor 6rid'es

99 e) No. of Cehi"&%ar and Non Cehi"&%ar Lnder$asses

99 f) No. of 6o# /&%erts

99 ') No. of +i$e /&%erts

99 h) No. of S%a4 /&%erts

99

< Bus ba$s an* Truc8 La$ b$es

The tota% n&(4er of 4&s 4ays and tr&"> %ay 4yes on the +roBe"t

is noted 4e%o!= [a) No. of 6&s 4ays on HS

4) No. of 6&s 4ayson RHS

/) No. of Tr&"> %ay<4yes

on HS d) No. of Tr&">

%ay<4yes on RHS.0< Per&anent Bri*"e- B$e Pass %r Tunnel c%stin" Rs< =0 cr%re %r &%re

The Site in"%&des the fo%%o!in' $er(anent 4rid'e 4y$asst&nne% !hi"h !as

/onstr&"ted at the "ost noted4e%o!=

[a) 6rid'e at >( 999 to >( 999 of SH<99 "ostin'

Rs. 99 "rore 4) 6y$ass at >( 999 to >( 999 of

SH<99 "ostin' Rs.99 "rore ") T&nne% at >( 999

to >( 999 of SH<99 "ostin' Rs.99 "rore]

..< ,a$si*e a&enities



The Site in"%&des the fo%%o!in' $ar"e%s of %and for$roision of !ayside

A(enities=

[-es"ri4e the %and $ar"e%s 4rie?y, 4&t$re"ise%y.]



99

99



SCHEDULE /

B See

Clause 9<.7

DEVELOP'ENT O6 THEPROJECT

. Devel%!&ent %) te Pr%+ect

-ee%o$(ent of the +roBe"t sha%% in"%&de "onstr&"tion of the +roBe"t as des"ri4edin this S"hed&%e<6

and in S"hed&%e</.

9 FT#%/Lanin".

2.1 T!o<anin' sha%% in"%&de the T!o<ane +roBe"t as des"ri4ed in Anne#<I of thisS"hed&%e<6 and Anne#<I

of S"hed&%e</.

2.2 T!o<anin' sha%% 4e "o($%eted 4y the /on"essionaire in "onfor(ity !iththe S$e"i5"ations and

Standards set forth in Anne#<I of S"hed&%e<-.]



1May 4e (odi5ed or s&4stit&ted to re?e"t $roBe"t<s$e"i5" re7&ire(ents.



Anne / I

Sce*ul

e/B7

Descri!ti%n %) te

Pr%+ect.

. ,i*t %) Carria"e#a$

1.1 The $aed "arria'e!ay [sha%% 4e O (eters !ide]=

+roided that in the fo%%o!in' &r4an stret"hes, the !idth of "arria'e!ay sha%% 4e=

S<N%< Na&e %) T%#nsi! L%cati%n caina"e7,i*t

[+roide detai%s here]

1.2 E#"e$t as other!ise $roided in this A'ree(ent, [4&t s&4Be"t to the$roisions of Anne#<II of this

S"hed&%e<6,] the !idth of the $aed "arria'e!ay sha%% "onfor( to /%a&se 1.1a4oe.

9 Pr%+ect 6acilities

+roBe"t fa"i%ities sha%% 4e "onstr&"ted in "onfor(ity !ith Anne#<I of S"hed&%e< /.

: S!eci)icati%ns an* Stan*ar*s

The +roBe"t sha%% 4e "onstr&"ted in "onfor(ity !ith the S$e"i5"ations andStandards s$e"ified in

Anne#<I of S"hed&%e<-.



1 This te($%ate is a$$%i"a4%e to hi'h!ay $roBe"ts. It (ay 4e s&ita4%y reised in ease of other

$roBe"ts.



SCHEDULE /

C See

Clause 9<.7

PROJECT6ACILITIES

I Pr%+ect 6acilities90

1.1 The /on"essionaire sha%% "onstr&"t the +roBe"t @a"i%ities in a""ordan"e !iththe $roisions of this

A'ree(ent. S&"h +roBe"t @a"i%ities

sha%% in"%&de= a) To%% $%a;as)J

4) Roadside

f&rnit&reJ ")

+edestrian fa"i%itiesJ

d) Tree

$%antationJ

e) Tr&"> %ay<4ysJ

f) 4&s<4ays and 4&s she%tersJ

') 6&i%din's for Traffi"

Aid +ostsJ h) 6&i%din' for

Medi"a% Aid +ostJ i)

/att%e "rossin'sJ

[B) -ee%o$(ent of site for !ayside a(enitiesJ] and

[>) *thers to 4e s$e"i5ed)]

1.2 +roBe"t @a"i%ities to 4e "o($%eted on or 4efore /*- hae 4een des"ri4ed in

Anne#<I of this

S"hed&%e</.



20 This te($%ate is a$$%i"a4%e to hi'h!ay $roBe"ts. It (ay 4e s&ita4%y reised in "ase of other $roBe"ts.



AnneG I

Sce*ule/C7

Pr%+ect

6acilities9.

. Pr%+ect 6acilities

The /on"essionaire sha%% "onstr&"t the +roBe"t @a"i%ities des"ri4ed in this Anne# %ay<4ysJ

f) 4&s<4ays and 4&s she%tersJ

') 6&i%din's for Traffi" Aid +ostsJ

h) 6&i%din' for Medi"a% Aid +ostJ and

[i) others to 4e s$e"i5ed)]

9 Descri!ti%n %) Pr%+ect 6acilities

Ea"h of the +roBe"t @a"i%ities is 4rief%y des"ri4ed 4e%o!=

a7 T%ll Plaas7

As sti$&%ated in the Man&a% of S$e"i5"ations and Standards.

b7 R%a*si*e 6urniture


c7 Pe*estrian 6acilities


*7 Tree Plantati%n


e7 Truc8 La$/B$s


)7 Bus/Ba$s an* Bus Selters






As sti$&%ated in the Man&a% of S$e"i5"ations andStandards.

"7 Buil*in"s )%r Tra?ic Ai* P%sts

The /on"essionaire sha%%, in a""ordan"e !ith the ty$e desi'ns $res"ri4ed for s&"h

$o%i"e o&t$ost 4&i%din's 4y the State Goern(ent or a s&4stit&te thereof,

"onstr&"t 4&i%din's not e#"eedin' 2 t!enty 5e) s7&are (eters of $%inth area,for ea"h of the TraV" Aid +osts, and hand the( oer to the A&thority no %ater than

0 thirty) days $rior to the S"hed&%ed /o($%etion -ate. The TraV" Aid +osts)

sha%% 4e dee(ed to 4e $art of the Site and sha%% est in the A&thority.

7 Buil*in" )%r 'e*ical Ai* P%st

The /on"essionaire sha%%, at its "ost and in a""ordan"e !ith the ty$e desi'ns

$res"ri4ed for s&"h 4&i%din's 4y the State Medi"a% -e$art(ent or a s&4stit&te

thereof to 4e desi'nated 4y the A&thority), "onstr&"t an aid $ost 4&i%din' and

hand it oer to the A&thority, no %ater than 0 thirty) days $rior to /*-. The

Medi"a% Aid +osts) sha%% 4e dee(ed to 4e $art of the Site and sha%% est in theA&thority.



130

SCHEDULE /

D See

Clause 9<.7

SPECI6ICATIONS ANDSTANDARDS

. S!eci)icati%n an* Stan*ar*s )%r te Pr%+ect99

The /on"essionaire sha%% "o($%y !ith the S$e"i5"ations and Standards set forthin Anne#<I of this

S"hed&%e<- for "onstr&"tion of the+roBe"t.

[Note 1= The A&thorityM*SRTH sha%% $re$are a Man&a% of S$e"i5"ations and

Standards for Nationa% Hi'h!ays3. *n%y the 4asi"f&nda(enta% re7&ire(ents of

desi'n and "onstr&"tion sha%% 4e %aid do!n in the Man&a%, and 'reater e($hasissha%% 4e $%a"ed on $res"ri4in' the o&t$&t s$e"i5"ations that hae a dire"t 4earin'

on the %ee% and 7&a%ity of seri"e for Lsers. The Man&a% sha%% 4e $&4%ished and

a$$%ied to a%% -6@*T road $roBe"ts of the A&thorityM*SRTH. This !o&%d re(oe

the e%e(ent of &n"ertainty in $roBe"t desi'n and he%$ in %ayin' do!n "ost<

effe"tie s$e"i5"ations and standards a"ross the "o&ntry.



131




Anne / I Sce*ule/D7

S!eci)icati%ns an* Stan*ar*s )%r

te Pr%+ect9:

. 'anual %) S!ecicati%ns an* Stan*ar*s t% a!!l$

[S&4Be"t to the $roisions of +ara'ra$h 2 of this Anne#<1,] [@o&r<anin'] of the

+roBe"t Hi'h!ay sha%% "onfor( to the Man&a% of S$e"i5"ations and Standards for

-6@*T Road +roBe"ts $&4%ished 4y [the A&thorityM*SRTH on 9999.]

9 FDeviati%ns )r%& te 'anual

Not!ithstandin' anythin' to the "ontrary "ontained in the aforesaid Man&a%, the

fo%%o!in' S$e"i5"ations and Standards sha%% a$$%y to the [T!o<ane] +roBe"t,

and for $&r$oses of this A'ree(ent, the aforesaid Man&a% sha%% 4e dee(ed to 4e

a(ended to the e#tent set forth 4e%o!=]

[S$e"ify the deiations,if any]

FN%te .3 -eiations fro( the aforesaid Man&a% sha%% 4e %isted o&t here. S&"h

deiations sha%% 4e s$e"ified on%y if they are "onsidered essentia% in ie! of

$roBe"t<s$e"ifi" re7&ire(ents. A$$roa% of the State Goern(ent sha%% 4e

o4tained if s&"h deiations in"rease the +roBe"t "osts 4y (ore than 2Q t!o $er

"ent) of the "ost $er >(.]

FN%te 93 See Note 4e%o!S"hed&%e<-.]

FN%te :3 +ara'ra$h 2 and the !ords en"%osed in the $arenthesis in +ara'ra$h1 (ay 4e o(itted if there are no deiations fro( the Man&a%.]






. A!!licablePer&its

9;

SCHEDULE / E

See Clause

;<.<:7

APPLICABLE

PER'ITS

1.1 The /on"essionaire sha%% o4tain, as re7&ired &nder A$$%i"a4%e a!s, the

fo%%o!in' A$$%i"a4%e +er(its on or 4efore the A$$ointed -ate.

Part/I

a) +er(ission of the State Goern(ent for e#tra"tion of 4o&%ders fro( 7&arries

for and in res$e"t of at %east 20Q t!enty $er "ent) of the tota% %en'th of the

+roBe"tJ and

Part/II

a) +er(ission of Ci%%a'e +an"hayat and the +o%%&tion /ontro% 6oard for

insta%%ation of "r&shersJ 4) i"en"e for &se of e#$%osiesJ

") +er(ission of the State Goern(ent for dra!in' !ater fro(rierreseroirJ and

d) Any other $er(its or "%earan"es re7&ired &nder A$$%i"a4%e a!s.

1.2 Ln%ess other!ise s$e"ified in this A'ree(ent, A$$%i"a4%e +er(its, as

re7&ired, re%atin' to eniron(enta% $rote"tion and "onseration sha%% hae 4een$ro"&red 4y the A&thority as a /ondition +re"edent.






SCHEDULE /

6 See

Clause <.7

PER6OR'ANCESECURITY

The /hair(an,Nationa% Hi'h!ays A&thority of IndiaNe! -e%hi

,HEREAS=

A) ……………….. the C%ncessi%naire3) and the /hair(an, Nationa% Hi'h!aysA&thority of India the Aut%rit$3) hae entered into a /on"ession A'ree(entdated …………….. the A"ree&ent3) !here4y the A&thority has a'reed to the

/on"essionaire &nderta>in' [@o&r<anin' of the 99999 se"tion of Nationa% Hi'h!ayNo. 99] on desi'n, 4&i%d, o$erate and transfer DBOT Annuit$ %r H$bri*Annuit$3) 4asis, s&4Be"t to and in a""ordan"e !ith the $roisions of theA'ree(ent.

6) The A'ree(ent re7&ires the /on"essionaire to f&rnish a +erfor(an"e Se"&rity tothe A&thority in a s&( of Rs. 99999 "r. R&$ees 99999 "rore) the (uaranteeA&%unt3) as se"&rity for d&e and faithf&% $erfor(an"e of its o4%i'ations, &nderand in a""ordan"e !ith the A'ree(ent, d&rin' the /onstr&"tion +eriod as de5nedin the A'ree(ent).

/) e, ………………….. thro&'h o&r 6ran"h at …………………. the Ban8 3) haea'reed to f&rnish this 6an>

G&arantee 4y !ay of +erfor(an"e Se"&rity.

N*, THERE@*RE, the 6an> here4y, &n"onditiona%%y and irreo"a4%y,'&arantees and air(s as fo%%o!s=

1. The 6an> here4y &n"onditiona%%y and irreo"a4%y '&arantees the d&e andfaithf&%$erfor(an"e of the /on"essionaireKs o4%i'ations d&rin' the /onstr&"tion+eriod, &nder and in a""ordan"e !ith the A'ree(ent, and a'rees and &nderta>esto $ay to the A&thority, &$on its (ere first !ritten de(and, and !itho&t anyde(&r, reseration, re"o&rse, "ontest or $rotest, and !itho&t any referen"e to the

/on"essionaire, s&"h s&( or s&(s &$to an a''re'ate s&( of the G&aranteeA(o&nt as the A&thority sha%% "%ai(, !itho&t the A&thority 4ein' re7&ired to$roe or to sho! 'ro&nds or reasons for its de(and andor for the s&(s$e"i5ed therein.

2. A %etter fro( the A&thority, &nder the hand of an *i"er not 4e%o! the ran> of Genera% Mana'er in the Nationa% Hi'h!ays A&thority of India, that the/on"essionaire has "o((itted defa&%t in the d&e and faithf&% $erfor(an"e of a%%or any of its o4%i'ations &nder and in a""ordan"e !ith the A'ree(ent sha%% 4e"on"%&sie, 5na% and 4indin' on the 6an>. The 6an> f&rther a'rees that theA&thority sha%% 4e the so%e B&d'e as to !hether the /on"essionaire is in defa&%t ind&e and faithf&% $erfor(an"e of its o4%i'ations d&rin' the /onstr&"tion +eriod

&nder the A'ree(ent and its de"ision that the /on"essionaire is in defa&%t sha%% 4e5na%, and 4indin' on the 6an>, not!ithstandin' any differen"es 4et!een theA&thority and the /on"essionaire, or any dis$&te 4et!een the( $endin' 4eforeany "o&rt, tri4&na%, ar4itrators or any other a&thority or 4ody, or 4y thedis"har'e of the /on"essionaire for any reason !hatsoeer.



. In order to 'ie effe"t to this G&arantee, the A&thority sha%% 4e entit%ed to a"t as if the 6an> !ere the $rin"i$a% de4tor and any "han'e in the "onstit&tion of the/on"essionaire andor the 6an>, !hether 4y their a4sor$tion !ith any other 4odyor "or$oration or other!ise, sha%% not in any !ay or (anner ae"t the %ia4i%ity oro4%i'ation of the 6an> &nder this G&arantee.

. It sha%% not 4e ne"essary, and the 6an> here4y !aies any ne"essity, for the

A&thority to $ro"eed



a'ainst the /on"essionaire 4efore $resentin' to the 6an> its de(and &nder thisG&arantee.

. The A&thority sha%% hae the %i4erty, !itho&t ae"tin' in any (anner the %ia4i%ityof the 6an> &nder this G&arantee, to ary at any ti(e, the ter(s and "onditionsof the A'ree(ent or to e#tend the ti(e or $eriod for the "o($%ian"e !ith,

f&%fi%(ent and or $erfor(an"e of a%% or any of the o4%i'ations of the/on"essionaire "ontained in the A'ree(ent or to $ost$one for any ti(e, and fro(ti(e to ti(e, any of the ri'hts and $o!ers e#er"isa4%e 4y the A&thority a'ainst the/on"essionaire, and either to enfor"e or for4ear fro( enfor"in' any of the ter(sand "onditions "ontained in the A'ree(ent andor the se"&rities aai%a4%e to theA&thority, and the 6an> sha%% not 4e re%eased fro( its %ia4i%ity and o4%i'ation &nderthese $resents 4y any e#er"ise 4y the A&thority of the %i4erty !ith referen"e to the(atters aforesaid or 4y reason of ti(e 4ein' 'ien to the /on"essionaire or anyother for4earan"e, ind&%'en"e, a"t or o(ission on the $art of the A&thority or of any other (atter or thin' !hatsoeer !hi"h &nder any %a! re%atin' to s&reties and'&arantors !o&%d 4&t for this $roision hae the ee"t of re%easin' the 6an> fro(its %ia4i%ity and o4%i'ation &nder this G&arantee and the 6an> here4y !aies a%% of

its ri'hts &nder any s&"h %a!.

P. This G&arantee is in addition to and not in s&4stit&tion of any other '&aranteeor se"&rity no! or !hi"h (ay hereafter 4e he%d 4y the A&thority in res$e"t of orre%atin' to the A'ree(ent or for the f&%fi%(ent, "o($%ian"e andor $erfor(an"e of a%% or any of the o4%i'ations of the /on"essionaire &nder the A'ree(ent.

O. Not!ithstandin' anythin' "ontained herein4efore, the %ia4i%ity of the 6an> &nderthis G&arantee is restri"ted to the G&arantee A(o&nt and this G&arantee !i%%

re(ain in for"e&nti% the ear%ier of the 1st

5rst) anniersary of the A$$ointed -ateor "o($%ian"e of the "onditions s$e"i5ed in $ara'ra$h 4e%o! and &n%ess ade(and or "%ai( in !ritin' is (ade 4y the A&thority on the 6an> &nder thisG&arantee, no %ater than P si#) (onths fro( the date of e#$iry of this G&arantee,a%% ri'hts of the A&thority &nder this G&arantee sha%% 4e forfeited and the 6an>sha%% 4e re%ieed fro( its %ia4i%ities here&nder.

. The +erfor(an"e Se"&rity sha%% "ease to 4e in for"e and ee"t !hen the/on"essionaire sha%% hae e#$ended on +roBe"t "onstr&"tion an a''re'ate s&(not %ess than 20Q t!enty $er "ent) of the Esti(ated +roBet "ost !hi"h is dee(edto 4e Rs.999 "r. R&$ees 99999 "rore) for the $&r$oses of this G&arantee, and$roided the /on"essionaire is not in 4rea"h of this A'ree(ent. L$on re7&est(ade 4y the /on"essionaire for re%ease of the +erfor(an"e Se"&rity a%on'!ith the$arti"&%ars re7&ired here&nder, d&%y "ertified 4y a stat&tory a&ditor of the/on"essionaire, the A&thority sha%% re%ease the +erfor(an"e Se"&rity forth!ith.

. The 6an> &nderta>es not to reo>e this G&arantee d&rin' its "&rren"y, e#"e$t!ith the $reio&s e#$ress "onsent of the A&thority in !ritin', and de"%ares and!arrants that it has the $o!er to iss&e this G&arantee and the &ndersi'ned hasf&%% $o!ers to do so on 4eha%f of the 6an>.

10. Any noti"e 4y !ay of re7&est, de(and or other!ise here&nder (ay 4e sent 4y$ost addressed to the 6an> at its a4oe referred 6ran"h, !hi"h sha%% 4e dee(edto hae 4een d&%y a&thorised to re"eie s&"h noti"e and to effe"t $ay(entthereof forth!ith, and if sent 4y $ost it sha%% 4e dee(ed to hae 4een 'ien at theti(e !hen it o&'ht to hae 4een de%iered in d&e "o&rse of $ost and in $roin'

s&"h noti"e, !hen 'ien 4y $ost, it sha%% 4e s&f5"ient to $roe that the ene%o$e"ontainin' the noti"e !as $osted and a "erti5"ate si'ned 4y an oi"er of theA&thority that the ene%o$e !as so $osted sha%% 4e "on"%&sie.

11. This G&arantee sha%% "o(e into for"e !ith i((ediate ee"t and sha%% re(ain infor"e and ee"t for a $eriod of one year and si# (onths or &nti% it is re%easedear%ier 4y the A&thority $&rs&ant to the $roisions of the A'ree(ent.



Si'ned and sea%ed this ………. day of ……….., 20……… at ………..

SIGNE-, SEAE- AN-

-EICERE- @or and on 4eha%f of

the 6ANY 4y=

Si'nat&r

e) Na(e)

-esi'nation

) /ode

N&(4er)

Address)

N*TES=

i) The 4an> '&arantee sho&%d "ontain the na(e, desi'nation and "ode n&(4er of the

oi"ers) si'nin' the '&arantee.

ii) The address, te%e$hone n&(4er and other detai%s of the Head *V"e of the 6an>as !e%% as of iss&in'

6ran"h sho&%d 4e (entioned on the "oerin' %etter of iss&in' 6ran"h.



SCHEDULE /

( See

Clause .9<.7

PROJECT CO'PLETIONSCHEDULE

. Pr%+ect C%&!leti%n Sce*ule9=

-&rin' /onstr&"tion +eriod, the /on"essionaire sha%% "o($%y !ith the re7&ire(ents

set forth in this S"hed&%e<G for ea"h of the +roBe"t Mi%estones and the S"hed&%ed

/o($%etion -ate the +roBe"t /o($%etion S"hed&%e3). ithin 1 5fteen) days of

the date of ea"h +roBe"t Mi%estone, the /on"essionaire sha%% notify the A&thority of

s&"h "o($%ian"e a%on' !ith ne"essary $arti"&%ars thereof.

9 Pr%+ect 'ilest%ne/I

2.1 +roBe"t Mi%estone<I sha%% o""&r on the date fa%%in' on the [120th one h&ndredand t!entieth)] day

fro( the A$$ointed -ate the +roBe"tMi%estone<I3).

2.2 +rior to the o""&rren"e of +roBe"t Mi%estone<I, the /on"essionaire sha%% haee#$ended not %ess than

20Q t!enty $er "ent) of the tota% "a$ita% "ost set forth in the@inan"ia% +a">a'e.

2. +rior to the o""&rren"e of +roBe"t Mi%estone I, the /on"essionaire sha%%

hae "o((en"ed "onstr&"tion of the +roBe"t and a"hieed 20Q +hysi"a% +ro'ress.

: Pr%+ect 'ilest%ne/II

.1 +roBe"t Mi%estone<II sha%% o""&r on the date fa%%in' on the [2O0th t!o h&ndredand seentieth)] day

fro( the A$$ointed -ate the +roBe"tMi%estone<II3).

.2 +rior to the o""&rren"e of +roBe"t Mi%estone<II, the /on"essionaire sha%% haee#$ended not %ess than

Q thirty fie $er "ent)] of the tota% "a$ita% "ost set forth in the @inan"ia%

+a">a'e. +roided, ho!eer, that at %east O0Q seenty $er"ent) of thee#$endit&re referred to hereina4oe sha%% hae 4een in"&rred on $hysi"a% !or>s

!hi"h sha%% not in"%&de adan"es of any >ind to any $erson or e#$endit&re of

any >ind on $%ant and (a"hinery.

. +rior to the o""&rren"e of +roBe"t Mi%estone II, the /on"essionaire sha%%

hae "o((en"ed "onstr&"tion of the +roBe"t and a"hieed Q +hysi"a% +ro'ress

; Pr%+ect 'ilest%ne/Ill

.1 +roBe"t Mi%estone<I%% sha%% o""&r on the date fa%%in' on the [Pth three h&ndredand si#ty 5fth)] day

fro( the A$$ointed -ate the +roBe"tMi%estone<I%%3).

.2 +rior to the o""&rren"e of +roBe"t Mi%estone<I%%, the /on"essionaire

sha%% hae "o((en"ed ["onstr&"tion of a%% +roBe"t @a"i%ities and e#$ended not

%ess than OQ seenty 5e $er "ent)] of the tota% "a$ita% "ost set forth in the

@inan"ia% +a">a'e.



. +rior to the o""&rren"e of +roBe"t Mi%estone III, the /on"essionaire sha%%

hae "o((en"ed "onstr&"tion of the +roBe"t and a"hieed OQ +hysi"a% +ro'ress

= Sce*ule* C%&!leti%n Date




.1 The S"hed&%ed /o($%etion -ate sha%% 4e the [0th fie h&ndred and5ftieth)] day fro( the

A$$ointed-ate.

.2 *n or 4efore the S"hed&%ed /o($%etion -ate, the /on"essionaire sha%% hae

"o($%eted the +roBe"t in a""ordan"e !ith this A'ree(ent.> Etensi%n %) !eri%*

L$on e#tension of any or a%% of the aforesaid +roBe"t Mi%estones or the S"hed&%ed

/o($%etion -ate, as the "ase (ay 4e, &nder and in a""ordan"e !ith the

$roisions of this A'ree(ent, the +roBe"t /o($%etion S"hed&%e sha%% 4e dee(ed to

hae 4een a(ended a""ordin'%y.



SCHEDULE /

H See

Clause .9<97

DRA,IN(S

. Dra#in"s

In "o($%ian"e of the o4%i'ations set forth in /%a&se 12.2 of this A'ree(ent, the

/on"essionaire sha%% f&rnish to the Inde$endent En'ineer, free of "ost, a%% -ra!in's

%isted in Anne#<I of this S"hed&%e<H.

9 A**iti%nal *ra#in"s

If the Inde$endent En'ineer deter(ines that for dis"har'in' its d&ties and

f&n"tions &nder this A'ree(ent, it re7&ires any dra!in's other than those %isted inAnne#<I, it (ay 4y noti"e re7&ire the /on"essionaire to $re$are and f&rnish s&"h

dra!in's forth!ith. L$on re"eiin' a re7&isition to this ee"t, the /on"essionaire

sha%% $ro($t%y $re$are and f&rnish s&"h dra!in's to the Inde$endent

En'ineer, as if s&"h dra!in's for(ed $art of Anne#<I of this S"hed&%e<H.



Anne / I

Sce*ule/H7

List %) Dra#in"s

[Note= The A&thority sha%% des"ri4e in this Anne#<I, a%% the -ra!in's that the/on"essionaire is re7&ired

to f&rnish &nder /%a&se 12.2.]



140

SCHEDULE / I

. Sce*ule)%r Tests

See /%a&se1.1.2)

TESTS9>

1.1 The /on"essionaire sha%%, no %ater than 0 thirty) days $rior to the %i>e%y

"o($%etion of the +roBe"t, notify the Inde$endent En'ineer and the A&thority of its

intent to s&4Be"t the +roBe"t to Tests, and no %ater than O seen) days $rior to the

a"t&a% date of Tests, f&rnish to the Inde$endent En'ineer and the A&thority

detai%ed inentory and $arti"&%ars of a%% !or>s and e7&i$(ent for(in' $art of the

+roBe"t.

1.2 The /on"essionaire sha%% notify the Inde$endent En'ineer of its readiness to

s&4Be"t the +roBe"t to Tests at any ti(e after O seen) days fro( the date of

s&"h noti"e, and &$on re"ei$t of s&"h noti"e, the Inde$endent En'ineer sha%%, in

"ons&%tation !ith the /on"essionaire, deter(ine the date and ti(e for ea"h Test

and notify the sa(e to the A&thority !ho (ay desi'nate its re$resentatie to

!itness the Tests. The Inde$endent En'ineer sha%% there&$on "ond&"t the Tests

itse%f or "a&se any of the Tests to 4e "ond&"ted in a""ordan"e !ith Arti"%e 1 and

this S"hed&%e<I.

2 Tests

2.1 In $&rs&an"e of the $roisions of /%a&se 1.1.2 of this A'ree(ent, the

Inde$endent En'ineer sha%% "ond&"t, or "a&se to 4e "ond&"ted, the Tests s$e"i5ed

in this +ara'ra$h 2.2.2 Cis&a% and $hysi"a% Test= The Inde$endent En'ineer sha%% "ond&"t a is&a% and

$hysi"a% "he"> of the +roBe"t to deter(ine that a%% !or>s and e7&i$(ent for(in'

$art thereof "onfor( to the $roisions of this A'ree(ent.

2. Test drie= The Inde$endent En'ineer sha%% &nderta>e a test drie of the +roBe"t

4y a /ar and 4y a f&%%y %oaded Tr&"> to deter(ine that the 7&a%ity of seri"e

"onfor(s to the $roisions of the A'ree(ent.

2. Ridin' 7&a%ity Test= Ridin' 7&a%ity of ea"h %ane of the "arria'e!ay sha%% 4e

"he">ed !ith the he%$ of a "a%i4rated 4&($ inte'rator and the (a#i(&(

$er(issi4%e ro&'hness for $&r$oses of this Test sha%% 4e [1,00 one tho&sand and

ei'ht h&ndred)] (( for ea"h >i%o(eter.

2. +ae(ent /o($osition Test= The thi">ness and "o($osition of the

$ae(ent str&"t&re sha%% 4e "he">ed on a sa($%e 4asis 4y di''in' $its to

deter(ine "onfor(ity of s&"h $ae(ent str&"t&re !ith S$e"i5"ations and

Standards. The sa($%e sha%% "onsist of one $it in ea"h dire"tion of trae% to 4e

"hosen at rando( in ea"h stret"h of 5e) >i%o(eters of the +roBe"t. The 5rst $it

for the sa($%e sha%% 4e se%e"ted 4y the Inde$endent En'ineer thro&'h an o$en

dra! of %ots and eery 5fth >i%o(eter fro( s&"h 5rst $it sha%% for( $art of the

sa($%e for this $ae(ent 7&a%ity Test.

2.P /ross<se"tion Test= The "ross<se"tions of the +roBe"t sha%% 4e "he">ed on asa($%e 4asis thro&'h $hysi"a% (eas&re(ent of their di(ensions for deter(inin'

the "onfor(ity thereof !ith S$e"i5"ations and Standards. @or the road $ortion, the

sa($%e sha%% "onsist of one s$ot to 4e se%e"ted at rando( in ea"h stret"h of 1one)



141

>i%o(eter of the +roBe"t. The first s$ot for the sa($%e sha%% 4e se%e"ted 4y the

Inde$endent En'ineer thro&'h an o$en dra! of %ots and the s$ots %o"ated at

eery one >i%o(eter fro( s&"h 5rst s$ot sha%% for( $art of the sa($%e. @or the

4rid'e $ortion, one s$ot sha%% 4e se%e"ted at rando( 4y the Inde$endent En'ineer

in ea"h s$an of the 4rid'e.

2P This te($%ate is a$$%i"a4%e to hi'h!ay $roBe"ts. It (ay 4e s&ita4%y reised in "ase of other $roBe"ts.



2.O Str&"t&ra% Test for 4rid'es= A%% (aBor and (inor 4rid'es, in"%&din' oer 4rid'es,

&nder$asses and ?yoers, "onstr&"ted 4y the /on"essionaire sha%% 4e s&4Be"ted to

the Re4o&nd Ha((er and L%trasoni" +&%se Ce%o"ity tests, to 4e "ond&"ted in

a""ordan"e !ith the $ro"ed&re des"ri4ed in S$e"ia% Re$ort No. 1O= 1P of the

IR/ Hi'h!ay Resear"h 6oard on Non<destr&"tie Testin' Te"hni7&es, at t!o s$ots

in eery s$an, to 4e "hosen at rando( 4y the Inde$endent En'ineer. 6rid'es

!ith a s$an of 1 5fteen) (eters or (ore sha%% a%so 4e s&4Be"ted to %oad testin'.

2. *ther Tests= The Inde$endent En'ineer (ay re7&ire the /on"essionaire to "arry

o&t or "a&se to 4e "arried additiona% Tests, in a""ordan"e !ith Good Ind&stry

+ra"ti"e, for deter(inin' the "o($%ian"e of the +roBe"t !ith S$e"i5"ations and

Standards.

2. Eniron(enta% a&dit= The Inde$endent En'ineer sha%% "arry o&t a "he"> to

deter(ine "onfor(ity of the +roBe"t !ith the eniron(enta% re7&ire(ents set forth

in A$$%i"a4%e a!s and A$$%i"a4%e +er(its.

2.10 Safety reie!= Safety a&dit of the +roBe"t sha%% hae 4een &nderta>en 4y the

Safety /ons&%tant as set forth in S"hed&%e<, and on the 4asis of s&"h a&dit, theInde$endent En'ineer sha%% deter(ine "onfor(ity of the +roBe"t !ith the $roisions

of this A'ree(ent.

: A"enc$ )%r c%n*uctin" Tests

A%% Tests set forth in this S"hed&%e<I sha%% 4e "ond&"ted 4y the Inde$endent

En'ineer or s&"h other a'en"y or $erson as it (ay s$e"ify in "ons&%tation !ith the

A&thority.

; C%&!leti%nPr%visi%nal Certi)icate

L$on s&""essf&% "o($%etion of Tests, the Inde$endent En'ineer sha%% iss&e the/o($%etion /erti5"ate or the +roisiona% /ertifi"ate, as the "ase (ay 4e, in

a""ordan"e !ith the $roisions of Arti"%e 1.

= Tests *urin" c%nstructi%n

itho&t $reB&di"e to the $roisions of this S"hed&%e<I, tests d&rin' "onstr&"tion

sha%% 4e "ond&"ted In a""ordan"e !ith the $roisions of /%a&se 1..1.



SCHEDULE / J

See /%a&se 1.2 1.)

CO'PLETIONCERTI6ICATE

1 Ie,…………….. Na(e of the Inde$endent En'ineer), a"tin' as Inde$endent

En'ineer, &nder and in a""ordan"e !ith the /on"ession A'ree(ent dated

………………..the A'ree(ent3), for dee%o$(ent and o$eration of the

………………..+roBe"t the +roBe"t3) on desi'n, 4&i%d, o$erate and transfer the

-6*T Ann&ity or Hy4rid Ann&ity3) 4asis, thro&'h………………Na(e of

/on"essionaire), here4y "ertify that the Tests s$e"ified in Arti"%e 1 and S"hed&%een to deter(ine "o($%ian"e of

the +roBe"t !ith the $roisions of the A'ree(ent, and Ie a(are satisfied that

the +roBe"t "an 4e safe%y and re%ia4%y $%a"ed in "o((er"ia% seri"e of the Lsersthereof.

2 It is "ertified that, in ter(s of the aforesaid A'ree(ent, a%% !or>s for(in' $art

of the +roBe"t hae 4een "o($%eted, and the +roBe"t is here4y de"%ared fit for

entry into "o((er"ia% o$eration on this the day of 20

SI(NED- SEALED AND

DELIVERED @or and on

4eha%f of INDEPENDENT

EN(INEER b$3

Si'nat&r

e) Na(e)

-esi'nati

on)

Address)



PROVISIONALCERTI6ICATE

1 Ie,…………… Na(e of the Inde$endent En'ineer), a"tin' as Inde$endent

En'ineer, &nder and in a""ordan"e !ith the /on"ession A'ree(ent

-ated…………… the A'ree(ent3), for dee%o$(ent and o$eration of the +roBe"t

the +roBe"t3) on desi'n, 4&i%d, o$erate and transfer the -6*T Ann&ity or Hy4ridAnn&ity3) 4asis thro&'h………………Na(e of /on"essionaire), here4y "ertify that

the Tests s$e"ified in Arti"%e 1 and S"hed&%een for the +roBe"tse"tion………………. of the +roBe"t to deter(ine

"o($%ian"e thereof !ith the $roisions of the A'ree(ent.

2 /onstr&"tion or>s for(in' $art of the +roBe"tse"tion of the +roBe"t that

!ere fo&nd to 4e in"o($%ete andor de5"ient hae 4een s$e"ified in the +&n"h

ist a$$ended hereto, and the /on"essionaire has a'reed and a""e$ted that it

sha%% "o($%ete andor re"tify a%% s&"h !or>s in the ti(e and (anner set forth in

the A'ree(ent. [So(e of the in"o($%ete !or>s hae 4een de%ayed as a res&%t of

reasons attri4&ta4%e to the A&thority or d&e to @or"e MaBe&re and the +roisiona%/erti5"ate "annot 4e !ithhe%d on this a""o&nt. Tho&'h the re(ainin' in"o($%ete

!or>s hae 4een de%ayed as a res&%t of reasons attri4&ta4%e to the

/on"essionaire,]δ

Ie a(are satisfied that hain' re'ard to the nat&re and

e#tent of s&"h in"o($%ete !or>s, it !o&%d not 4e $r&dent to !ithho%d

"o((er"ia% o$eration of the +roBe"tse"tion………….. of the +roBe"t, $endin'

"o($%etion thereof.

In ie! of the fore'oin', Ie a(are satis5ed that the +roBe"tse"tion of the

+roBe"t "an 4e safe%y and re%ia4%y $%a"ed in "o((er"ia% seri"e of the Lsers

thereof, and in ter(s of the A'ree(ent, the +roBe"tse"tion of the +roBe"t is

here4y $roisiona%%y de"%ared fit for entry into "o((er"ia% o$eration on this the…… day of………… 20

ACCEPTED- SI(NED- SEALED

SI(HNED- SEALED AND AND DELIVERED

DELIVERED

@*R AN- *N 6EHA@ *@ @*R AN- *N 6EHA@*@

CONCESSIONAIRE b$3INDEPENDENT EN(INEER BY 3

Si'nat&re)Si'nat&re)

Na(e and -esi'nation)Na(e and Si'nat&re)

Address)Address)



δMay 4e str&"> o&t if not a$$%i"a4%e. A%so stri>e o&t other $arts !hi"h are not a$$%i"a4%e.



SCHEDULE/ Q

See /%a&se1O.2)

'AINTENANCE RE5UIRE'ENTS

. 'aintenance Re4uire&ents

1.1 The /on"essionaire sha%%, at a%% ti(es, o$erate and (aintain the +roBe"t in

a""ordan"e !ith the $roisions of the A'ree(ent, A$$%i"a4%e a!s and

A$$%i"a4%e +er(its. In $arti"&%ar, the /on"essionaire sha%%, at a%% ti(es d&rin'

the *$eration +eriod, "onfor( to the (aintenan"e re7&ire(ents set forth in

this S"hed&%e<Y the Maintenan"e Re7&ire(ents3).

1.2 The /on"essionaire sha%% re$air or re"tify any defe"t or de5"ien"y set forth

in +ara'ra$h 2 of this S"hed&%e<Y !ithin the ti(e %i(it s$e"i5ed therein and

any fai%&re in this 4eha%f sha%% "onstit&te a 4rea"h of the A'ree(ent. L$ono""&rren"e of any 4rea"h here&nder, the A&thority sha%% 4e entit%ed to re"oer

-a(a'es as set forth in /%a&se 1O. of the A'ree(ent, !itho&t $reB&di"e to

the ri'hts of the A&thority &nder the A'ree(ent, in"%&din' Ter(ination

thereof.

9< Re!airrecticati%n %) *e)ects an* *eciencies

2.1 The o4%i'ations of the /on"essionaire in res$e"t of Maintenan"e

Re7&ire(ents sha%% in"%&de re$air and re"tifi"ation of the defe"ts and

de5"ien"ies s$e"ified in Anne# < I of this S"hed&%e < Y !ithin the ti(e %i(it set

forth therein.

2.2 The /on"essionaire sha%% at a%% ti(es (aintain an ade7&ate inentory of

s$ares and "ons&(a4%es to (eet the Maintenan"e Re7&ire(ents.

: Oter *e)ects an* *eciencies

.1 In res$e"t of any defe"t or de5"ien"y not s$e"ified in Anne# e re$air or re"ti5"ation in

a""ordan"e !ith Good Ind&stry +ra"ti"e and !ithin the ti(e %i(it s$e"i5ed 4y

the Inde$endent En'ineer.

.2 In res$e"t of any defe"t or de5"ien"y not s$e"ified in Anne# < I of

this S"hed&%e<Y, the Inde$endent En'ineer (ay, in "onfor(ity !ith GoodInd&stry +ra"ti"e, s$e"ify the $er(issi4%e %i(it of deiation or deterioration

!ith referen"e to the S$e"i5"ations and Standards, and any deiation or

deterioration 4eyond the $er(issi4%e %i(it sha%% 4e re$aired or re"ti5ed 4y the

/on"essionaire in a""ordan"e !ith Good Ind&stry +ra"ti"e and !ithin the ti(e

%i(it s$e"ified 4y the Inde$endent En'ineer.

; Etensi%n %) ti&e li&it

Not!ithstandin' anythin' to the "ontrary s$e"ified in this S"hed&%e<Y, if the

nat&re and e#tent of any defe"t or de5"ien"y B&sti5es (ore ti(e for its re$air

or re"tifi"ation than the ti(e s$e"ified herein, the /on"essionaire sha%% 4e

entit%ed to additiona% ti(e in "onfor(ity the Good Ind&stry +ra"ti"e. S&"h

additiona% ti(e sha%% 4e deter(ined 4y the Inde$endent En'ineer and "oneyed

to the /on"essionaire and the A&thority !ith reasons thereof.

= E&er"enc$ re!airsrest%rati%n



Not!ithstandin' anythin' to the "ontrary "ontained in this S"hed&%e<Y, if any

defe"t, de5"ien"y or deterioration in the +roBe"t $oses a ha;ard to safety or ris> of

da(a'e to $ro$erty, the /on"essionaire sha%% $ro($t%y ta>e a%% reasona4%e

(eas&res for e%i(inatin' or (ini(i;in' s&"h dan'er.



> Dail$ Ins!ecti%n b$ te C%ncessi%naire

The /on"essionaire sha%%, thro&'h its en'ineer, &nderta>e a dai%y is&a% ins$e"tion

of the +roBe"t and (aintain a re"ord thereof in a re'ister to 4e >e$t in s&"h for(

and (anner as the Inde$endent En'ineer (ay s$e"ify. S&"h re"ord sha%% 4e >e$t

in safe "&stody of the /on"essionaire and sha%% 4e o$en to ins$e"tion 4y the

A&thority and the Inde$endent En'ineer at any ti(e d&rin' oi"e ho&rs.

@ Divest&ent Re4uire&ents

A%% defe"ts and de5"ien"ies s$e"i5ed in this S"hed&%e<Y sha%% 4e re$airedand re"tified 4y the

/on"essionaire so that the +roBe"t "onfor(s to the Maintenan"e Re7&ire(ents onthe Transfer -ate.

Dis!la$ %) Sce*ule / Q

The /on"essionaire sha%% dis$%ay "o$y of this s"hed&%e > at the site a%on'

!ith the "o($%aint re'ister sti$&%ated in arti"%e 0.



ANNEG I

Sce*ule/Q7 Re!airRecti)icati%n %)

De)ects an* De)iciencies9@

The /on"essionaire sha%% re$air and re"tify the defe"ts and de5"ien"ies s$e"ified in thisAnne#ade Te($oraryrestoration of trai"!ithin 2 ho&rsJ$er(anent restoration

ii) Ro&'hness a%&e e#"eedin' 2,O0 (( in a stret"hof 1 >( as

10 days

iii) +ot ho%es ho&rs

i)/ra">in' in (ore than Q of road s&rfa"e in a stret"h 0 days

) R&ttin' e#"eedin' 10 (( in (ore than 2Q of roads&rfa"e in a

0 days

i) 6%eedin's>iddin' O days

ii Rae%in'Stri$$in' of 4it&(en s&rfa"e e#"eedin' 10 S7 1 days

iii -a(a'e to $ae(ent ed'es e#"eedin' 100 (( 1 days

i#) Re(oa% of de4ris P ho&rs

Har*eart s%ul*ers- si*e sl%!es- *rains an* culvertsi) Cariation 4y (ore than 2Q in the $res"ri4ed s%o$e of

"a(4er"ross0 days

ii) Ed'e dro$ at sho&%ders e#"eedin' 0 (( O days

iii) Cariation 4y (ore than 1Q in the $res"ri4ed sidee(4an>(ent)

0 days

i) Rain "&ts'&%%ies in s%o$e O days

) -a(a'e to or si%tin' of "&%erts and side drainsd&rin' and

O days

i) -esa%tin' of drains in &r4anse(i<&r4an areas ho&rs

R%a* si*e )urniture inclu*in" r%a* si"ns an* !ave&ent &ar8in"i) -a(a'e to sha$e or $ositionJ +oor isi4i%ity or

%oss of retro< ho&rs

Street li"tin" an* telec%& AT'S7

i) Any (aBor fai%&re of the syste( 2 ho&rsii) @a&%ts and (inor fai%&res ho&rs

2O This te($%ate is a$$%i"a4%e to hi'h!ay $roBe"ts. It (ay 4e s&ita4%y reised in "ase of other $roBe"ts.

2 S A&thority (ay, in "ons&%tation !ith IR/, 4y order (odify the a%&es and $eriods s$e"ified herein, 4&t s&"h

(odi5"ation sha%% ta>e effe"t on%y if it is



in "% & de d i n the r e s $e" t i e 4i d d in' do" &( e n ts



Trees an* !lantati%n

i) *4str&"tion in a (ini(&( head<roo( of ( a4oe"arria'e!ay or

2 ho&rs

ii) -eterioration in hea%th of trees and 4&shes Ti(e%y !aterin'and

iii) Re$%a"e(ent of trees and 4&shes 0 days

i) Re(oa% of e'etation ae"tin' si'ht %ine and road 1 days

Rest areasi) /%eanin' of toi%ets Eery ho&rs

ii) -efe"ts in e%e"tri"a%, !ater and sanitary insta%%ations 2 ho&rs

Oter Pr%+ect 6acilities an* A!!r%ac r%a*si) -a(a'e or deterioration in A$$roa"h Roads,

[$edestrian fa"i%ities,tr&"> %ay<4ys, 4&s<4ays, 4&s< she%ters, "att%e

1 days

BRID(ES

Su!erstructure %) bri*"es

i) /ra">s Te($orary (eas&res+er(anent (eas&res

ithin ho&rsithin days

ii) S$a%%in's"a%in' 1 days

6%un*ati%ns %) bri*"esi) S"o&rin' andor "aitation 1 days

Piers- abut&ents- return #alls an* #in" #allsi) /ra">s and da(a'es in"%&din' sett%e(ent and ti%tin' 0 days

Bearin"s &etallic7 %) bri*"esi) -efor(ation 1 days

J%ints in bri*"esi) oosenin' and (a%f&n"tionin' of Boints 1 days

Oter ite&s relatin" t% bri*"esi) -efor(in' of $ads in e%asto(eri" 4earin's O days

ii) Gatherin' of dirt in 4earin's and Boints or "%o''in' ofs$o&ts, !ee$ ho%es and ent<ho%es

days

iii) -a(a'e or deterioration in $ara$ets and handrai%s days

i) Rain<"&ts or erosion of 4an>s of the side s%o$es of 1 days

) -a(a'e to !earin' "oat 1days

i) -a(a'e or deterioration in a$$roa"h s%a4s, $it"hin',a$ron, toes,

0 days

ii)

Gro!th of e'etation ae"tin' the str&"t&re oro4str&"tin' the

1 days



(ui*in"!rinci!les

SCHEDULE / L

See Clause.<.<.7

SA6ETY RE5UIRE'ENTS9

1.1 Safety Re7&ire(ents ai( at red&"tion in inB&ries, %oss of %ife and da(a'e to

$ro$erty res&%tin' fro( a""idents on or a4o&t the +roBe"t, irres$e"tie of the

$ersons) at fa&%t.

1.2 Lsers of the +roBe"t in"%&de (otorised and non<(otori;ed ehi"%es as !e%% as

$edestrians and ani(a%s ino%ed in, or asso"iated !ith a""idents. C&%nera4%e

Road Lsers CRL) in"%&de $edestrians as !e%% as riders of (otori;ed t!o<

!hee%ers, 4i"y"%es and other ehi"%es !hi"h do not $roide ade7&ate

o""&$ant $rote"tion.

1. Safety Re7&ire(ents a$$%y to a%% $hases of "onstr&"tion, o$eration and

(aintenan"e !ith e($hasis on identi5"ation of fa"tors asso"iated !ith a""idents,

"onsideration of the sa(e, and i($%e(entation of a$$ro$riate re(edia% (eas&res.

1. Safety Re7&ire(ents in"%&de (eas&res asso"iated !ith trai" (ana'e(ent

and re'&%ation s&"h as road si'ns, $ae(ent (ar>in', trai" "ontro% dei"es,

roadside f&rnit&re, hi'h!ay desi'n e%e(ents, enfor"e(ent and e(er'en"y

res$onse.

9 Obli"ati%ns %) te C%ncessi%naire

The /on"essionaire sha%% a4ide 4y the fo%%o!in' insofar as they re%ate tosafety of the Lsers= a) A$$%i"a4%e a!s and A$$%i"a4%e +er(itsJ

4) Man&a% for Safety in Road -esi'n,iss&ed 4y MoRTHJ

") Re%eant StandardsG&ide%ines of IR/ re%atin' to safety, road 'eo(etries,

4rid'es, "&%erts, road si'ns, $ae(ent (ar>in' and roadside f&rnit&reJ

d) +roisions of thisA'ree(entJ and

e) Good Ind&stry+ra"ti"e.

: A!!%int&ent %) Sa)et$ C%nsultant

@or "arryin' o&t safety a&dit of the +roBe"t &nder and in a""ordan"e !ith

this S"hed&%e<, the A&thority sha%% a$$oint fro( ti(e to ti(e, one or (ore

7&a%i5ed 5r(s or or'anisations as its "ons&%tants the Safety /ons&%tant3). The

Safety /ons&%tant sha%% e($%oy a tea( "o($risin', !itho&t %i(itation, one road

safety e#$ert and one traffi" $%anner to &nderta>e safety a&dit of the +roBe"t.

; Sa)et$ &easures *urin" Devel%!&ent Peri%*

.1 No %ater than 0 ninety) days fro( the date of this A'ree(ent, the A&thoritysha%% a$$oint a Safety /ons&%tant for "arryin' o&t safety a&dit at the desi'n sta'e

of the +roBe"t. The Safety /ons&%tant sha%% "o%%e"t data on a%% fata% "rashes and

other road a""idents !hi"h o""&rred on the +roBe"t in the $re"edin' t!o

years 4y o4tainin' "o$ies of the re%eant @irst Infor(ation Re$orts @IRs) fro(



the $o%i"e stations hain' B&risdi"tion. The infor(ation "ontained in s&"h @IRs

sha%% 4e s&((arised in the




for( $res"ri4ed 4y the A&thority for this $&r$ose and the data sha%% 4e

ana%ysed for the ty$e of i"ti(s >i%%ed or inB&red, i($a"tin' ehi"%es, %o"ation of

a""idents and other re%eant fa"tors.

.2 The /on"essionaire sha%% $roide to the Safety /ons&%tant, in fo&r "o$ies,

the re%eant dra!in's "ontainin' the desi'n detai%s that hae a 4earin' on safety

of Lsers the Safety -ra!in's3). S&"h desi'n detai%s sha%% in"%&de hori;onta% anderti"a% a%i'n(entsJ si'ht%inesJ %ayo&ts of interse"tionsJ inter"han'esJ road "ross<

se"tionJ 4rid'es and "&%ertsJ side drainsJ $roision for $ar>ed ehi"%es, s%o!

(oin' ehi"%es tra"tors, 4&%%o"> "arts, 4i"y"%es) and $edestriansJ 4&s 4aysJ tr&">

%ay<4ysJ and other in"identa% or "onse7&entia% infor(ation. The Safety /ons&%tant

sha%% reie! the desi'n detai%s and for!ard three) "o$ies of the Safety -ra!in's

!ith its re"o((endations, if any, to the Inde$endent En'ineer !ho sha%% re"ord its

"o((ents, if any, and for!ard one "o$y ea"h to the A&thority and the

/on"essionaire.

. The a""ident data and the desi'n detai%s sha%% 4e "o($i%ed, ana%ysed and

&sed 4y the Safety /ons&%tant for eo%in' a $a">a'e of re"o((endations

"onsistin' of safety re%ated (eas&res for the +roBe"t. The safety a&dit sha%% 4e

"o($%eted in a $eriod of three (onths and a re$ort thereof the Safety Re$ort3)

sha%% 4e s&4(itted to the A&thority, in 5e) "o$ies. *ne "o$y ea"h of the Safety

Re$ort sha%% 4e for!arded 4y the A&thority to the /on"essionaire and the

Inde$endent En'ineer forth!ith.

. The /on"essionaire sha%% endeaor to in"or$orate the re"o((endations of the

Safety Re$ort in the desi'n of the +roBe"t, as (ay reasona4%y 4e re7&ired in

a""ordan"e !ith A$$%i"a4%e a!s, A$$%i"a4%e +er(its, Man&a%s and G&ide%ines of

the A&thority, S$e"i5"ations and Standards, and Good Ind&stry +ra"ti"e. If the

/on"essionaire does not a'ree !ith any or a%% of s&"h re"o((endations, it sha%%

state the reasons thereof and "oney the( to the A&thority forth!ith. In the eentthat any or a%% of the !or>s and seri"es re"o((ended in the Safety Re$ort fa%%

4eyond the s"o$e of S"hed&%e<6, S"hed&%e< / or S"hed&%e<-, the /on"essionaire

sha%% (a>e a re$ort thereon and see> the instr&"tions of the A&thority for f&ndin'

s&"h !or>s in a""ordan"e !ith the $roisions of Arti"%e 1.

. itho&t $reB&di"e to the $roisions of +ara'ra$h ., the /on"essionaire

and the Inde$endent En'ineer sha%%, !ithin 1 fifteen) days of re"eiin' the

Safety Re$ort, send their res$e"tie "o((ents thereon to the A&thority, and no

%ater than 1 fifteen) days of re"eiin' s&"h "o((ents, the A&thority sha%%

reie! the sa(e a%on' !ith the Safety Re$ort and 4y noti"e dire"t the

/on"essionaire to "arry o&t any or a%% of the re"o((endations "ontained therein!ith s&"h (odifi"ations as the A&thority (ay s$e"ifyJ $roided that any !or>s or

seri"es re7&ired to 4e &nderta>en here&nder sha%% 4e 'oerned 4y the $roisions

of Arti"%e 1.

= Sa)et$ &easures *urin" C%nstructi%n Peri%*

.1 A Safety /ons&%tant sha%% 4e a$$ointed 4y the A&thority, no %ater than fo&r)

(onths $rior to the e#$e"ted /*-, for "arryin' o&t a safety a&dit of the "o($%eted

/onstr&"tion or>s.

.2 The Safety /ons&%tant sha%% "o%%e"t and ana%yses the a""ident data for the

$re"edin' t!o years in the (anner s$e"i5ed in +ara'ra$h .1 of this S"hed&%e< .It sha%% st&dy the Safety Re$ort for the -ee%o$(ent +eriod and ins$e"t the +roBe"t

to assess the ade7&a"y of safety (eas&res. The Safety /ons&%tant sha%% "o($%ete

the safety a&dit !ithin a $eriod of fo&r) (onths and s&4(it a Safety Re$ort

re"o((endin' a $a">a'e of additiona% road safety (eas&res, if any, that are

"onsidered essentia% for red&"in' a""ident ha;ards on the +roBe"t. S&"h



re"o((endations sha%% 4e $ro"essed, (&tatis (&tandis, and a"ted &$on in the

(anner set forth in +ara'ra$hs ., . and . of this S"hed&%e<.



150

. The /on"essionaire sha%% (a>e ade7&ate arran'e(ents d&rin' the /onstr&"tion

+eriod for the safety of !or>ers and road Lsers in a""ordan"e !ith the '&ide%ines

of IR/ for safety in "onstr&"tion ;ones, and notify the A&thority and the

Inde$endent En'ineer a4o&t s&"h arran'e(ents.

> Sa)et$ &easures *urin" O!erati%n Peri%*

P.1 The /on"essionaire sha%% dee%o$, i($%e(ent and ad(inister a s&rei%%an"e and

safety $ro'ra((er for Lsers, in"%&din' "orre"tion of safety io%ations and

de5"ien"ies and a%% other a"tions ne"essary to $roide a safe eniron(ent in

a""ordan"e !ith this A'ree(ent.

P.2 [The /on"essionaire sha%% esta4%ish a Hi'h!ay Safety Mana'e(ent Lnit

the . HSML3) to 4e f&n"tiona% on and after /*-, and desi'nate one of its

oi"ersto 4e in<"har'e of the HSML. S&"h oi"er sha%% hae s$e"ia%ist >no!%ed'e

and trainin' in road safety and trai" en'ineerin' 4y hain' attended a "o&rse

"ond&"ted 4y a re$&ted or'ani;ation on the s&4Be"t.]

P. The /on"essionaire sha%% >ee$ a "o$y of eery @IR re"orded 4y the +o%i"e !ithres$e"t to any a""ident o""&rrin' on the +roBe"t. In addition, the

/on"essionaire sha%% a%so "o%%e"t data for a%% "ases of a""idents not re"orded

4y the +o%i"e 4&t !here a ehi"%e ro%%ed oer or had to 4e to!ed a!ay. The

infor(ation so "o%%e"ted sha%% 4e s&((ari;ed in the for( $res"ri4ed 4y the

A&thority for this $&r$ose. The /on"essionaire sha%% a%so re"ord the e#a"t %o"ation

of ea"h a""ident on a road (a$. The aforesaid data sha%% 4e s&4(itted to the

A&thority at the "on"%&sion of eery 7&arter and to the Safety /ons&%tant as

and !hen a$$ointed.

P. The /on"essionaire sha%% s&4(it to the A&thority 4efore the 1s1 thirty 5rst)

May of ea"h year, an ann&a% re$ort in ten "o$ies) "ontainin', !itho&t

%i(itation, a detai%ed %istin' and ana%ysis of a%% a""idents of the $re"edin'A""o&ntin' Zear and the (eas&res ta>en 4y the /on"essionaire $&rs&ant to the

$roisions of +ara'ra$h P.1 of this S"hed&%e< for aertin' or (ini(i;in' s&"h

a""idents in f&t&re.

P. *n"e in eery A""o&ntin' Zear, a safety a&dit sha%% 4e "arried o&t 4y the Safety

/ons&%tant to 4e a$$ointed 4y the A&thority. It sha%% reie! and ana%yses the

ann&a% re$ort and a""ident data of the $re"edin' year, and &nderta>e an

ins$e"tion of the +roBe"t. The Safety /ons&%tant sha%% "o($%ete the safety a&dit

!ithin a $eriod of 1 one) (onth and s&4(it a Safety Re$ort re"o((endin'

s$e"ifi" i($roe(ents, if any, re7&ired to 4e (ade to the road, 4rid'es,

"&%erts, (ar>in's, si'ns, road f&rnit&re and +roBe"t @a"i%ities, in"%&din' "att%e"rossin's and $edestrian "rossin's. S&"h re"o((endations sha%% 4e $ro"essed,

(&tatis (&tandis, and a"ted &$on in the (anner set forth in +ara'ra$hs ., .

and . of this S"hed&%e<.

@ C%sts an* e!enses

/osts and e#$enses in"&rred in "onne"tion !ith the Safety Re7&ire(ents set

forth herein, in"%&din' the $roisions of +ara'ra$h 2 of this S"hed&%e<, sha%% 4e

(et in a""ordan"e !ith Arti"%e 1, and in $arti"&%ar, the re(&neration of the

Safety /ons&%tant, safety a&dit, and "osts in"identa% thereto, sha%% 4e (et 4y the

/on"essionaire.



SCHEDULE/ '

See Clause9.<.7

SELECTION O6 INDEPENDENTEN(INEER

:0

. Selecti%n %) In*e!en*ent En"ineer

1.1 The $roisions of the Mode% Re7&est for +ro$osa%s for Se%e"tion of Te"hni"a%

/ons&%tants, iss&ed 4y the Ministry of @inan"e, G*I ide *M 22)+@<II 200

dated 21 May 200, or any s&4stit&te thereof sha%% a$$%y for se%e"tion of an

e#$erien"ed 5r( to dis"har'e the f&n"tions and d&ties of an Inde$endent

En'ineer. +roided, ho!eer, that no entity !hi"h is o!ned or "ontro%%ed 4y

the A&thority sha%% 4e e%i'i4%e for a$$oint(ent as the Inde$endent En'ineer

here&nder.

1.2 In the eent of ter(ination of an Inde$endent En'ineer a$$ointed in

a""ordan"e !ith the $roisions of +ara'ra$h 1.1, the A&thority sha%% a$$oint

another 5r( of Te"hni"a% /ons&%tants forth!ith or (ay en'a'e a 'oern(ent<

o!ned entity in a""ordan"e !ith the $roisions of +ara'ra$h of this S"hed&%e< M.

1. The /on"essionaire (ay, in its dis"retion, no(inate a re$resentatie to

$arti"i$ate in the $ro"ess of se%e"tion to 4e &nderta>en 4y the A&thority &nder this

S"hed&%e<M.

9 Ter&s %) Re)erence

The Ter(s of Referen"e for the Inde$endent En'ineer sha%% s&4stantia%%y"onfor( to S"hed&%e<N.

: 6ee an* e!enses

.1 In deter(inin' the nat&re and 7&ant&( of d&ties and seri"es to 4e $erfor(ed

4y the Inde$endent En'ineer d&rin' the -ee%o$(ent +eriod and /onstr&"tion

+eriod, the A&thority sha%% endeaor that $ay(ents to the Inde$endent En'ineer

on a""o&nt of fee and e#$enses do not e#"eed Q three $er "ent) of the 6id

+roBe"t /ost. +ay(ents not e#"eedin' s&"h Q three $er "ent) sha%% 4e 4orne

e7&a%%y 4y the A&thority and the /on"essionaire in a""ordan"e !ith the $roisions

of this A'ree(ent and any $ay(ents in e#"ess thereof sha%% 4e 4orne entire%y 4ythe A&thority.

.2 The nat&re and 7&ant&( of d&ties and seri"es to 4e $erfor(ed 4y the

Inde$endent En'ineer d&rin' the *$eration +eriod sha%% 4e deter(ined 4y the

A&thority in "onfor(ity !ith the $roisions of this A'ree(ent and !ith d&e re'ard

for e"ono(y in e#$endit&re. A%% $ay(ents (ade to the Inde$endent En'ineer on

a""o&nt of fee and e#$enses d&rin' the *$eration +eriod sha%% 4e 4orne e7&a%%y 4y

the A&thority and the /on"essionaire.

; Selecti%n ever$ tree $ears

No %ater than three) years fro( the date of a$$oint(ent of Inde$endentEn'ineer $&rs&ant to the $roisions of +ara'ra$h 1 of this S"hed&%e<M, and eery

three) years thereafter, the A&thority sha%% en'a'e another 5r( in a""ordan"e

!ith the "riteria set forth in this S"hed&%e<M.



= A!!%int&ent %) "%vern&ent entit$ as In*e!en*ent En"ineer

Not!ithstandin' anythin' to the "ontrary "ontained in this S"hed&%e, the

A&thority (ay in its dis"retion a$$oint a 'oern(ent<o!ned entity as the

Inde$endent En'ineerJ $roided that s&"h entity sha%% 4e a 4ody "or$orate hain'

as one of its $ri(ary f&n"tion the $roision of "ons&%tin', adisory and

s&$erisory seri"es for en'ineerin' $roBe"tsJ $roided f&rther that a'oern(ent< o!ned entity

0 This te($%ate is a$$%i"a4%e to hi'h!ay $roBe"ts. It (ay 4e s&ita4%y reised in "ase of other $roBe"t



!hi"h is o!ned or "ontro%%ed 4y the A&thority sha%% not 4e e%i'i4%e fora$$oint(ent as Inde$endent

En'ineer.



.Sc%!e

SCHEDULE /

N See Clause

9.<9<.7

TER'S O6 RE6ERENCE 6OR

INDEPENDENT EN(INEER:.

These Ter(s of Referen"e for the Inde$endent En'ineer the T*R3) are 4ein'

s$e"ified $&rs&ant to the /on"ession A'ree(ent dated the A'ree(ent3),

!hi"h has 4een entered into 4et!een the A&thority and the /on"essionaire3)

for T!o<anin' of the se"tion >( to >( ) of State Hi'h!ay No

in the State on desi'n, 4&i%d, o$erate and transfer the -6*T Ann&ity or

Hy4rid Ann&ity3) 4asis, and a "o$y of !hi"h is anne#ed hereto and (ar>ed as

Anne#<A to for( $art of this T*R.

9 Deniti%ns an* inter!retati%n

2.1 The !ords and e#$ressions 4e'innin' !ith or in "a$ita% %etters &sed in this T*R

and not de5ned herein 4&t de5ned in the A'ree(ent sha%% hae, &n%ess re$&'nant

to the "onte#t, the (eanin' res$e"tie%y assi'ned to the( in the A'ree(ent.

2.2 Referen"es to Arti"%es, /%a&ses and S"hed&%es in this T*R sha%%, e#"e$t !here

the "onte#t other!ise re7&ires, 4e dee(ed to 4e referen"es to the Arti"%es,

/%a&ses and S"hed&%es of the A'ree(ent, and referen"es to +ara'ra$hs sha%% 4e

dee(ed to 4e referen"es to +ara'ra$hs of this T*R.

2. The r&%es of inter$retation stated in /%a&ses 1.2, 1. and 1. of the A'ree(ent

sha%% a$$%y, (&tatis (&tandis, to this T*R.

.1 The ro%e and f&n"tions of the Inde$endent En'ineer sha%%

in"%&de the fo%%o!in'= I) reie! of the -ra!in's and -o"&(ents

as set forth in +ara'ra$h J

ii) Reie!, ins$e"tion and (onitorin' of /onstr&"tion or>s as set forth

in +ara'ra$h J "ond&"tin' Tests on "o($%etion of "onstr&"tion

and iss&in' /o($%etion +roisiona% /erti5"ate as set forth in +ara'ra$h

i) Reie!, ins$e"tion and (onitorin' of *M as set forthin +ara'ra$h PJ

) reie!, ins$e"tion and (onitorin' of -iest(ent Re7&ire(ents as setforth in +ara'ra$h OJ

i) deter(inin', as re7&ired &nder the A'ree(ent, the "osts of any !or>s or

seri"es andor their reasona4%enessJ

ii) deter(inin', as re7&ired &nder the A'ree(ent, the $eriod or any

e#tension thereof, for $erfor(in' any d&ty or o4%i'ationJ

iii) Assistin' the +arties in reso%&tion of -is$&tes as set forth in+ara'ra$h J and

i#) Lnderta>in' a%% other d&ties and f&n"tions in a""ordan"e!ith the A'ree(ent.



.2 The Inde$endent En'ineer sha%% dis"har'e its d&ties in a fair, i($artia% and

ei"ient (anner, "onsistent !ith the hi'hest standards of $rofessiona% inte'rity

and Good Ind&stry +ra"ti"e.

; Devel%!&ent Peri%*

1 This te($%ate is a$$%i"a4%e to hi'h!ay $roBe"ts. It (ay 4e s&ita4%y reised in "ase of other $roBe"ts



.1 -&rin' the -ee%o$(ent +eriod, the Inde$endent En'ineer sha%% &nderta>e a

detai%ed reie! of the -ra!in's to 4e f&rnished 4y the /on"essionaire a%on'

!ith s&$$ortin' data, in"%&din' the 'eo< te"hni"a% and hydro%o'i"a%

inesti'ations, "hara"teristi"s of (ateria%s fro( 4orro! areas and 7&arry sites,

to$o'ra$hi"a% s&reys and trai" s&reys. The Inde$endent En'ineer sha%%

"o($%ete s&"h reie! and send its "o((entso4serations to the A&thority and

the /on"essionaire !ithin 1 5fteen) days of re"ei$t of s&"h -ra!in's. In$arti"&%ar, s&"h "o((ents sha%% s$e"ify the "onfor(ity or other!ise of s&"h

-ra!in's !ith the S"o$e of the +roBe"t and S$e"i5"ations and Standards.

.2 The Inde$endent En'ineer sha%% reie! any (odified -ra!in's or s&$$ortin'

-o"&(ents sent to it 4y the /on"essionaire and f&rnish its "o((ents !ithin O

seen) days of re"eiin' s&"h -ra!in's or -o"&(ents.

. The Inde$endent En'ineer sha%% reie! the -ra!in's sent to it 4y the Safety

/ons&%tant in a""ordan"e !ith S"hed&%e< and f&rnish its "o((ents thereon to the

A&thority and the /on"essionaire !ithin O seen) days of re"eiin' s&"h

-ra!in's. The Inde$endent En'ineer sha%% a%so reie! the Safety Re$ort and

f&rnish its "o((ents thereon to the A&thority !ithin 1 5fteen) days of re"eiin'

s&"h re$ort.

. The Inde$endent En'ineer sha%% reie! the detai%ed desi'n, "onstr&"tion

(ethodo%o'y, 7&a%ity ass&ran"e $ro"ed&res and the $ro"&re(ent, en'ineerin'

and "onstr&"tion ti(e s"hed&%e sent to it 4y the /on"essionaire and f&rnish its

"o((ents !ithin 1 5fteen) days of re"ei$t thereof.

. L$on referen"e 4y the A&thority, the Inde$endent En'ineer sha%% reie! andJ

"o((ent on the E+/ /ontra"t or any other "ontra"t for "onstr&"tion,

o$eration and (aintenan"e of the +roBe"t, and f&rnish its "o((ents !ithin O

seen) days fro( re"ei$t of s&"h referen"e fro( the A&thority.= C%nstructi%n Peri%*

.1 In res$e"t of the -ra!in's, -o"&(ents and Safety Re$ort re"eied 4y the

Inde$endent En'ineer for its reie! and "o((ents d&rin' the /onstr&"tion +eriod,

the $roisions of +ara'ra$h sha%% a$$%y, (&tatis (&tandis.

.2 The Inde$endent En'ineer sha%% reie! the (onth%y $ro'ress re$ort f&rnished 4y

the /on"essionaire and send its "o((ents thereon to the A&thority and the

/on"essionaire !ithin O seen) days of re"ei$t of s&"h re$ort.

. The Inde$endent En'ineer sha%% ins$e"t the /onstr&"tion or>s and the +roBe"t

on"e eery (onth, $refera4%y after re"ei$t of the (onth%y $ro'ress re$ort fro( the/on"essionaire, 4&t 4efore the 20th t!entieth) day of ea"h (onth in any "ase,

and (a>e o&t a re$ort of s&"h ins$e"tion the Ins$e"tion Re$ort3) settin' forth an

oerie! of the stat&s, $ro'ress, 7&a%ity and safety of "onstr&"tion, in"%&din' the

!or> (ethodo%o'y ado$ted, the (ateria%s &sed and their so&r"es, and "onfor(ity

of /onstr&"tion or>s !ith the S"o$e of the +roBe"t and the S$e"i5"ations and

Standards. In a se$arate se"tion of the Ins$e"tion Re$ort, the Inde$endent

En'ineer sha%% des"ri4e in reasona4%e detai% the %a$ses, defe"ts or de5"ien"ies

o4sered 4y it in the "onstr&"tion of the +roBe"t. The Ins$e"tion Re$ort sha%% a%so

"ontain a reie! of the (aintenan"e of the e#istin' %anes in "onfor(ity !ith the

$roisions of the A'ree(ent. The Inde$endent En'ineer sha%% send a "o$y of its

Ins$e"tion Re$ort to the A&thority and the /on"essionaire !ithin O seen) days of the ins$e"tion.

. The Inde$endent En'ineer (ay ins$e"t the +roBe"t (ore than on"e in a (onth

ifany %a$ses, defe"ts or de5"ien"ies re7&ire s&"h ins$e"tions.



. @or deter(inin' that the /onstr&"tion or>s "onfor( to S$e"i5"ations and

Standards, the Inde$endent En'ineer sha%% re7&ire the /on"essionaire to "arry

o&t, or "a&se to 4e "arried o&t, tests on a sa($%e 4asis, to 4e s$e"ified 4y the

Inde$endent En'ineer in a""ordan"e !ith Good Ind&stry



+ra"ti"e for 7&a%ity ass&ran"e. @or $&r$oses of this +ara'ra$h ., the tests

s$e"ified in the IR/ S$e"ia% +&4%i"ation<11 Hand4oo> of 8&a%ity /ontro% for

/onstr&"tion of Roads and R&n!ays) and the S$e"i5"ations for Road and 6rid'e

or>s iss&ed 4y the A&thority the 8&a%ity /ontro% Man&a%s3) or any

(odifi"ations&4stit&tion thereof sha%% 4e dee(ed to 4e tests "onfor(in' to

Good Ind&stry +ra"ti"e for 7&a%ity ass&ran"e. The Inde$endent En'ineer sha%%

iss&e ne"essary dire"tions to the /on"essionaire for ens&rin' that the tests are"ond&"ted in a fair and eV"ient (anner, and sha%% (onitor and reie! the res&%ts

thereof.

.P The sa($%e si;e of the tests, to 4e s$e"ified 4y the Inde$endent En'ineer &nder

+ara'ra$h ., sha%% "o($rise 10Q ten $er "ent) of the 7&antity or n&(4er of

tests $res"ri4ed for ea"h "ate'ory or ty$e of tests in the 8&a%ity /ontro% Man&a%sJ

$roided that the Inde$endent En'ineer (ay, for reasons to 4e re"orded in

!ritin', in"rease the aforesaid sa($%e si;e 4y &$ to 10Q ten $er "ent) for

"ertain "ate'ories or ty$es of tests.

.O The ti(in' of tests referred to in +ara'ra$h ., and the "riteria for a""e$tan"e

reBe"tion of their res&%ts sha%% 4e deter(ined 4y the Inde$endent En'ineer in

a""ordan"e !ith the 8&a%ity /ontro% Man&a%s. The tests sha%% 4e &nderta>en on a

rando( sa($%e 4asis and sha%% 4e in addition to, and inde$endent of, the tests

that (ay 4e "arried o&t 4y the /on"essionaire for its o!n 7&a%ity ass&ran"e in

a""ordan"e !ith Good Ind&stry +ra"ti"e.

. In the eent that the /on"essionaire "arries o&t any re(edia% !or>s for re(oa%

or re"tifi"ation of any defe"ts or de5"ien"ies, the Inde$endent En'ineer sha%%

re7&ire the /on"essionaire to "arry o&t, or "a&se to 4e "arried o&t, tests to

deter(ine that s&"h re(edia% !or>s hae 4ro&'ht the /onstr&"tion or>s into

"onfor(ity !ith the S$e"ifi"ations and Standards, and the $roisions of this

+ara'ra$h sha%% a$$%y to s&"h tests.

. In the eent that the /on"essionaire fai%s to a"hiee any of the +roBe"t

Mi%estones, the Inde$endent En'ineer sha%% &nderta>e a reie! of the $ro'ress of

"onstr&"tion and identify $otentia% de%ays, if any. If the Inde$endent En'ineer sha%%

deter(ine that "o($%etion of the +roBe"t is not feasi4%e !ithin the ti(e s$e"ified in

the A'ree(ent, it sha%% re7&ire the /on"essionaire to indi"ate !ithin 1 5fteen)

days the ste$s $ro$osed to 4e ta>en to e#$edite $ro'ress, and the $eriod !ithin

!hi"h /*- sha%% 4e a"hieed. L$on re"ei$t of a re$ort fro( the /on"essionaire,

the Inde$endent En'ineer sha%% reie! the sa(e and send its "o((ents to the

A&thority and the /on"essionaire forth!ith.

.10 If at any ti(e d&rin' the /onstr&"tion +eriod, the Inde$endent En'ineer

deter(ines that the /on"essionaire has not (ade ade7&ate arran'e(ents for the

safety of !or>ers and Lsers in the ;one of "onstr&"tion or that any !or> is 4ein'

"arried o&t in a (anner that threatens the safety of the !or>ers and the Lsers, it

sha%% (a>e a re"o((endation to the A&thority forth!ith, identifyin' the !ho%e or

$art of the /onstr&"tion or>s that sho&%d 4e s&s$ended for ens&rin' safety in

res$e"t thereof.

.11 In the eent that the /on"essionaire "arries o&t any re(edia% (eas&res to

se"&re the safety of s&s$ended !or>s and Lsers, it (ay, 4y noti"e in !ritin',

re7&ire the Inde$endent En'ineer to ins$e"t s&"h !or>s, and !ithin three) days

of re"eiin' s&"h noti"e, the Inde$endent En'ineer sha%% ins$e"t the s&s$ended!or>s and (a>e a re$ort to the A&thority forth!ith, re"o((endin' !hether or not

s&"h s&s$ension (ay 4e reo>ed 4y the A&thority.

.12 If s&s$ension of /onstr&"tion or>s is for reasons not attri4&ta4%e to the

/on"essionaire, the Inde$endent En'ineer sha%% deter(ine the e#tension of dates

set forth in the +roBe"t /o($%etion S"hed&%e, to !hi"h the /on"essionaire is



reasona4%y entit%ed, and sha%% notify the A&thority and the /on"essionaire of the

sa(e.



.1 The Inde$endent En'ineer sha%% "arry o&t, or "a&se to 4e "arried o&t, a%%

the Tests s$e"ified in S"hed&%e<I and iss&e a /o($%etion /erti5"ate or

+roisiona% /ertifi"ate, as the "ase (ay 4e. @or "arryin' o&t its f&n"tions

&nder this +ara'ra$h .1 and a%% (atters in"identa% thereto, the

Inde$endent En'ineer sha%% a"t &nder and in a""ordan"e !ith the $roisions

of Arti"%e 1 and S"hed&%e<I.

.1 L$on referen"e fro( the A&thority, the Inde$endent En'ineer sha%% (a>e a

fair and reasona4%e assess(ent of the "osts of $roidin' infor(ation, !or>s and

seri"es as set forth in Arti"%e 1P and "ertify the reasona4%eness of s&"h "osts for

$ay(ent 4y the A&thority to the /on"essionaire.

.1 The Inde$endent En'ineer sha%% aid and adise the /on"essionaire in$re$arin' the Maintenan"e

Man&a%.

> O!erati%n Peri%*

P.1 In res$e"t of the -ra!in's, -o"&(ents and Safety Re$ort re"eied 4y theInde$endent En'ineer for its reie! and "o((ents d&rin' the *$eration +eriod,

the $roisions of +ara'ra$h sha%% a$$%y, (&tatis (&tandis.

P.2 The Inde$endent En'ineer sha%% reie! the ann&a% Maintenan"e

+ro'ra( f&rnished 4y the /on"essionaire and send its "o((ents thereon to

the A&thority and the /on"essionaire !ithin 1 5fteen) days of re"ei$t of the

Maintenan"e +ro'ra(.

P. The Inde$endent En'ineer sha%% reie! the (onth%y stat&s re$ort f&rnished 4y

the /on"essionaire and send its "o((ents thereon to the A&thority and the

/on"essionaire !ithin O seen) days of re"ei$t of s&"h re$ort.

P. The Inde$endent En'ineer sha%% ins$e"t the +roBe"t on"e eery (onth, $refera4%y

after re"ei$t of the (onth%y stat&s re$ort fro( the /on"essionaire, 4&t 4efore the

20th t!entieth) day of ea"h (onth in any "ase, and (a>e o&t an *M Ins$e"tion

Re$ort settin' forth an oerie! of the stat&s, 7&a%ity and safety of *M in"%&din'

its "onfor(ity !ith the Maintenan"e Re7&ire(ents and Safety Re7&ire(ents. In a

se$arate se"tion of the *M Ins$e"tion Re$ort, the Inde$endent En'ineer sha%%

des"ri4e in reasona4%e detai% the %a$ses, defe"ts or de5"ien"ies o4sered 4y it in

*M of the +roBe"t. The Inde$endent En'ineer sha%% send a "o$y of its *M

Ins$e"tion Re$ort to the A&thority and the /on"essionaire !ithin O seen) days of

the ins$e"tion.

P. The Inde$endent En'ineer (ay ins$e"t the +roBe"t (ore than on"e in a (onth,if any %a$ses, defe"ts or de5"ien"ies re7&ire s&"h ins$e"tions.

P.P The Inde$endent En'ineer sha%% in its *M Ins$e"tion Re$ort s$e"ify the

tests, if any, that the /on"essionaire sha%% "arry o&t, or "a&se to 4e "arried o&t,

for the $&r$ose of deter(inin' that the +roBe"t is in "onfor(ity !ith the

Maintenan"e Re7&ire(ents. It sha%% (onitor and reie! the res&%ts of s&"h tests

and the re(edia% (eas&res, if any, ta>en 4y the /on"essionaire in this 4eha%f.

P.O In res$e"t of any defe"t or de5"ien"y referred to in +ara'ra$h of S"hed&%e< Y,

the Inde$endent En'ineer sha%%, in "onfor(ity !ith Good Ind&stry +ra"ti"e, s$e"ify

the $er(issi4%e %i(it of deiation or deterioration !ith referen"e to the

S$e"i5"ations and Standards and sha%% a%so s$e"ify the ti(e %i(it for re$air or

re"ti5"ation of any deiation or deterioration 4eyond the $er(issi4%e %i(it.

P. The Inde$endent En'ineer sha%% deter(ine if any de%ay has o""&rred in

"o($%etion of re$air or re(edia% !or>s in a""ordan"e !ith the A'ree(ent, and



sha%% a%so deter(ine the -a(a'es, if any, $aya4%e 4y the /on"essionaire to the

A&thority for s&"h de%ay.



P. The Inde$endent En'ineer sha%% e#a(ine the re7&est of the /on"essionaire for

"%os&re of any %anes) of the "arria'e!ay for &nderta>in' (aintenan"ere$air

thereof, >ee$in' in ie! the need to (ini(i;e disr&$tion in trai" and the ti(e

re7&ired for "o($%etin' s&"h (aintenan"ere$air in a""ordan"e !ith Good Ind&stry

+ra"ti"e. It sha%% 'rant $er(ission !ith s&"h (odifi"ations, as it (ay dee(

ne"essary, !ithin three) days of re"eiin' a re7&est fro( the /on"essionaire.

L$on e#$iry of the $er(itted $eriod of "%os&re, the Inde$endent En'ineer sha%%(onitor the re<o$enin' of s&"h %anes), and in "ase of de%ay, deter(ine the

-a(a'es $aya4%e 4y the /on"essionaire to the A&thority &nder /%a&se 1O.O.

P.10 The Inde$endent En'ineer sha%% (onitor and reie! the "&rin' of defe"ts andde5"ien"ies 4y the

/on"essionaire as set forth in/%a&se 1..

P.11 In the eent that the /on"essionaire noti5es the Inde$endent En'ineer of any

(odifi"ations that it $ro$oses to (a>e to the +roBe"t, the Inde$endent

En'ineer sha%% reie! the sa(e and send its "o((ents to the A&thority and the

/on"essionaire !ithin 1 5fteen) days of re"eiin' the $ro$osa%.

P.12 The Inde$endent En'ineer sha%% &nderta>e trai" sa($%in', as and !hen

re7&ired 4y the A&thority, &nder and in a""ordan"e !ith the $roisions of this

A'ree(ent.

@ Ter&inati%n

O.1 At any ti(e, not ear%ier than 0 ninety) days $rior to Ter(ination 4&t not %ater

than 1 5fteen) days $rior to s&"h Ter(ination, the Inde$endent En'ineer sha%%,

in the $resen"e of a re$resentatie of the /on"essionaire, ins$e"t the +roBe"t for

deter(inin' "o($%ian"e 4y the /on"essionaire !ith the -iest(ent Re7&ire(ents

set forth in /%a&se 2.1 and, if re7&ired, "a&se tests to 4e "arried o&t at the/on"essionaireKs "ost for deter(inin' s&"h "o($%ian"e. If the Inde$endent

En'ineer deter(ines that the stat&s of the +roBe"t is s&"h that its re$air and

re"ti5"ation !o&%d re7&ire a %ar'er a(o&nt than the s&( set forth in /%a&se .2,

it sha%% re"o((end retention of the re7&ired a(o&nt in the Es"ro! A""o&nt and

the $eriod of retention thereof.

O.2 The Inde$endent En'ineer sha%% ins$e"t the +roBe"t on"e in eery 1 5fteen)days d&rin' a $eriod of

0 ninety) days after Ter(ination for deter(inin' the %ia4i%ity of the

/on"essionaire &nder Arti"%e , in res$e"t of the defe"ts or de5"ien"ies s$e"ified

therein. If any s&"h defe"t or de5"ien"y is fo&nd 4y the Inde$endent En'ineer, itsha%% (a>e a re$ort in reasona4%e detai% and send it forth!ith to the A&thority and

the /on"essionaire.

Deter&inati%n %) c%sts an* ti&e

.1 The Inde$endent En'ineer sha%% deter(ine the "osts, andor their

reasona4%eness, that are re7&ired to 4e deter(ined 4y it &nder the A'ree(ent.

.2 The Inde$endent En'ineer sha%% deter(ine the $eriod, or any e#tension thereof,

that is re7&ired to 4e deter(ined 4y it &nder the A'ree(ent.

Assistance in Dis!ute res%luti%n

.1 hen "a%%ed &$on 4y either +arty in the eent of any -is$&te, the Inde$endent

En'ineer sha%% (ediate and assist the +arties in arriin' at an a(i"a4%e sett%e(ent.

.2 In the eent of any disa'ree(ent 4et!een the +arties re'ardin' the (eanin',

s"o$e and nat&re of Good Ind&stry +ra"ti"e, as set forth in any $roision of the

A'ree(ent, the Inde$endent En'ineer sha%% s$e"ify s&"h (eanin', s"o$e and



nat&re 4y iss&in' a reasoned !ritten state(ent re%yin' on 'ood ind&stry $ra"ti"e

and a&thenti" %iterat&re.

.0 Oter *uties an* )uncti%ns



The Inde$endent En'ineer sha%% $erfor( a%% other d&ties and f&n"tions s$e"i5ed inthe A'ree(ent.

.. 'iscellane%us

11.1 The Inde$endent En'ineer sha%% notify its $ro'ra((er of ins$e"tion to the

A&thority and to the /on"essionaire, !ho (ay, in their dis"retion, de$&te their

res$e"tie re$resentaties to 4e $resent d&rin' the ins$e"tion.

11.2 A "o$y of a%% "o((&ni"ations, "o((ents, instr&"tions, -ra!in's or

-o"&(ents sent 4y the Inde$endent En'ineer to the /on"essionaire $&rs&ant

to this T*R, and a "o$y of a%% the test res&%ts !ith "o((ents of the

Inde$endent En'ineer thereon sha%% 4e f&rnished 4y the Inde$endent En'ineer to

the A&thority forth!ith.

11. The Inde$endent En'ineer sha%% o4tain, and the /on"essionaire sha%% f&rnish in 2

t!o)……….. /o$ies thereof, a%% "o((&ni"ations and re$orts re7&ired to 4e

s&4(itted, &nder this A'ree(ent, 4y the /on"essionaire to the Inde$endent

En'ineer, !here&$on the Inde$endent En'ineer sha%% send 1 one) of the "o$ies tothe A&thority a%on' !ith its "o((ents thereon.

11. The Inde$endent En'ineer sha%% retain at %east one "o$y ea"h of a%% -ra!in's and-o"&(ents re"eied

4y it, in"%&din' âs<4&i%tK -ra!in's, and >ee$ the( in its safe "&stody.

11. L$on "o($%etion of its assi'n(ent here&nder, the Inde$endent En'ineer sha%%

d&%y "%assify and %ist a%% -ra!in's, -o"&(ents, res&%ts of tests and other

re%eant re"ords, and hand the( oer to the A&thority or s&"h other $erson as

the A&thority (ay s$e"ify, and o4tain !ritten re"ei$t thereof. T!o "o$ies of the

said do"&(ents sha%% a%so 4e f&rnished in their edita4%e di'ita% for(at or in s&"h

other (edi&( or (anner as (ay 4e a""e$ta4%e to the A&thority.

11.P hereer no $eriod has 4een s$e"ified for de%iery of seri"es 4y the

Inde$endent En'ineer, the Inde$endent En'ineer sha%% a"t !ith the eV"ien"y and

&r'en"y ne"essary for dis"har'in' its f&n"tions in a""ordan"e !ith Good Ind&stry

+ra"ti"e.



SCHEDULE

/O See Clause

9=<.<97 ESCRO,

A(REE'ENTTHIS ESCRO, A(REE'ENT is entered into on this the day of 20 AM*NGST

1 i(ited, a "o($any in"or$orated &nder the $roisions of the /o($anies A"t,

201 and hain' its re'istered oi"e at hereinafter referred to as the

/on"essionaire3 !hi"h e#$ression sha%%, &n%ess re$&'nant to the "onte#t or

(eanin' thereof, in"%&de its s&""essors, $er(itted assi'ns and s&4stit&tes)J

2 insert na(e and $arti"&%ars of endersK Re$resentatie) and hain' its

re'istered oi"e at a"tin' for and on 4eha%f of the Senior enders as their d&%y

a&thori;ed a'ent !ith re'ard to (atters arisin' o&t of or in re%ation to this

A'ree(ent hereinafter referred to as the endersK Re$resentatie3 !hi"h

e#$ression sha%%, &n%ess re$&'nant to the "onte#t or (eanin' thereof, in"%&de its

s&""essors and s&4stit&tes)J

insert na(e and $arti"&%ars of the Es"ro! 6an>) and hain' its re'istered

oi"e at hereinafter referred to as the Es"ro! 6an>3 !hi"h e#$ression sha%%,

&n%ess re$&'nant to the "onte#t or (eanin' thereof, in"%&de its s&""essors and

s&4stit&tes)J and

The +resident of India Goernor of re$resented 4y and hain' its $rin"i$a%

oi"es at hereinafter referred to as the A&thority3 !hi"h e#$ression sha%%, &n%ess

re$&'nant to the "onte#t or (eanin' thereof, in"%&de its ad(inistrators,

s&""essors and assi'ns).,HEREAS3

A) The A&thority has entered into a /on"ession A'ree(ent dated !ith the

/on"essionaire the /on"ession A'ree(ent3) for the +roBe"t the +roBe"t3) on

desi'n, 4&i%d, o$erate and transfer the -6*T Ann&ity or Hy4rid Ann&ity3) 4asis,

and a "o$y of !hi"h is anne#ed hereto and (ar>ed as Anne#<A to for( $art of

this A'ree(ent.

6) Senior enders hae a'reed to 5nan"e the +roBe"t in a""ordan"e !ith the ter(s

and "onditions set forth in the @inan"in' A'ree(ents.

/) The /on"ession A'ree(ent re7&ires the /on"essionaire to esta4%ish an Es"ro!A""o&nt, inter a%ia, on the ter(s and "onditions stated therein.

N*, THERE@*RE, in "onsideration of the fore'oin' and the res$e"tie "oenants

and a'ree(ents set forth in this A'ree(ent, the re"ei$t and s&i"ien"y of !hi"h is

here4y a">no!%ed'ed, and intendin' to 4e %e'a%%y 4o&nd here4y, the +arties a'ree

as fo%%o!s=

. DE6INITIONS AND INTERPRETATION

.<. Deniti%ns

In this A'ree(ent, the fo%%o!in' !ords and e#$ressions sha%%, &n%ess re$&'nant tothe "onte#t or (eanin' thereof, hae the (eanin' hereinafter res$e"tie%y

assi'ned to the(=

1A"ree&ent2 (eans this Es"ro! A'ree(ent and any a(end(ent thereto (ade

in a""ordan"e !ith the $roisions "ontained hereinJ



160

1C%ncessi%n A"ree&ent2 (eans the /on"ession A'ree(ent referred to in

Re"ita% A) a4oe and anne#ed hereto as Anne#<A, and sha%% in"%&de a%% of its

Re"ita%s and S"hed&%es and any a(end(ents (ade thereto in a""ordan"e !ith the

$roisions "ontained in this 4eha%f thereinJ

1Cure Peri%*2 (eans the $eriod s$e"ified in this A'ree(ent for "&rin' any

4rea"h or defa&%t of any $roision of this A'ree(ent 4y the /on"essionaire, andsha%% "o((en"e fro( the date on !hi"h a noti"e is de%iered 4y the A&thority or

the endersK Re$resentatie, as the "ase (ay 4e, to the /on"essionaire as>in'

the %atter to "&re the 4rea"h or defa&%t s$e"ified in s&"h noti"eJ

1Escr%# Acc%unt2 (eans an es"ro! a""o&nt esta4%ished in ter(s of and &nder

this A'ree(ent, and sha%% in"%&de the S&4<A""o&ntsJ

1Escr%# De)ault2 sha%% hae the (eanin' as"ri4edthereto in /%a&se P.1J

1Len*ers Re!resentative2 (eans the $erson referred to as the endersKRe$resentatie in the

fore'oin'Re"ita%sJ

1Parties2 (eans the $arties to this A'ree(ent "o%%e"tie%y and +arty3 sha%%(ean any of the +arties to

this A'ree(entindiid&a%%yJ

1Pa$&ent Date2 (eans, in re%ation to any $ay(ent s$e"ified in /%a&se .1, the

dates) s$e"i5ed for s&"h $ay(entJ and

1Sub/Acc%unts2 (eans the res$e"tie s&4<a""o&nts of the Es"ro! A""o&nt, into

!hi"h the (onies s$e"ified in /%a&se .1 !o&%d 4e "redited eery (onth and $aido&t if d&e, and if not d&e in a (onth then a$$ro$riated $ro$ortionate%y in s&"h

(onth and retained in the res$e"tie s&4<a""o&nts and $aid o&t therefro( on

the +ay(ent -ates).

.<9 Inter!retati%n

1.2.1 Referen"es to endersK Re$resentatie sha%%, &n%ess re$&'nant to the "onte#t

or (eanin' thereof, (ean referen"es to the endersK Re$resentatie, a"tin' for

and on 4eha%f of Senior enders.

1.2.2 The !ords and e#$ressions 4e'innin' !ith "a$ita% %etters and de5ned in this

A'ree(ent sha%% hae the (eanin' as"ri4ed thereto herein, and the !ords ande#$ressions &sed in this A'ree(ent and not de5ned herein 4&t de5ned in the

/on"ession A'ree(ent sha%%, &n%ess re$&'nant to the "onte#t, hae the (eanin'

as"ri4ed thereto in the /on"ession A'ree(ent.

1.2. Referen"es to /%a&ses are, &n%ess stated other!ise, referen"es to /%a&ses of thisA'ree(ent.

1.2. The r&%es of inter$retation stated in /%a&ses 1.2, 1. and 1. of the /on"ession

A'ree(ent sha%% a$$%y, (&tatis (&tandis, to this A'ree(ent.

9 ESCRO, ACCOUNT

2.1 Es"ro! 6an> to a"t as tr&stee



161

2.1.1 The /on"essionaire here4y a$$oints the Es"ro! 6an> to a"t as tr&stee for the

A&thority, the endersK Re$resentatie and the /on"essionaire in "onne"tion

here!ith and a&thori;es the Es"ro! 6an> to e#er"ise s&"h ri'hts, $o!ers,

a&thorities and dis"retion as are s$e"ifi"a%%y de%e'ated to the Es"ro! 6an> 4y

the ter(s hereof to'ether !ith a%% s&"h ri'hts, $o!ers, a&thorities and dis"retion

as are reasona4%y in"identa% hereto, and the Es"ro! 6an> a""e$ts s&"h

a$$oint(ent $&rs&ant to the ter(s hereof.

2.1.2 The /on"essionaire here4y de"%ares that a%% ri'hts, tit%e and interest in and to the

Es"ro! A""o&nt sha%% 4e ested in the Es"ro! 6an> and he%d in tr&st for the

A&thority, the endersK Re$resentatie and the



/on"essionaire, and a$$%ied in a""ordan"e !ith the ter(s of this A'ree(ent. No

$erson other than the A&thority, the endersK Re$resentatie and the

/on"essionaire sha%% hae any ri'hts here&nder as the 4ene5"iaries of or as third

$arty 4ene5"iaries &nder this A'ree(ent.

9<9 Acce!tance %) Escr%# Ban8

The Es"ro! 6an> here4y a'rees to a"t as s&"h and to a""e$t a%% $ay(ents and

other a(o&nts to 4e de%iered to and he%d 4y the Es"ro! 6an> $&rs&ant to the

$roisions of this A'ree(ent. The Es"ro! 6an> sha%% ho%d and safe'&ard the

Es"ro! A""o&nt d&rin' the ter( of this A'ree(ent and sha%% treat the a(o&nt in

the Es"ro! A""o&nt as (onies de$osited 4y the /on"essionaire, Senior enders or

the A&thority !ith the Es"ro! 6an>. In $erfor(in' its f&n"tions and d&ties &nder

this A'ree(ent, the Es"ro! 6an> sha%% a"t in tr&st for the 4ene5t of, and as a'ent

for, the A&thority, the endersK Re$resentatie and the /on"essionaire or their

no(inees, s&""essors or assi'ns, in a""ordan"e !ith the $roisions of this

A'ree(ent.

9<: Establis&ent an* %!erati%n %) Escr%# Acc%unt

2..1 ithin 0 thirty) days fro( the date of this A'ree(ent, and in any "ase $rior to

the A$$ointed -ate, the /on"essionaire sha%% o$en and esta4%ish the Es"ro!

A""o&nt !ith the na(e of 6ran"h) 6ran"h of the Es"ro! 6an>. The

Es"ro! A""o&nt sha%% 4e deno(inated in R&$ees.

2..2 The Es"ro! 6an> sha%% (aintain the Es"ro! A""o&nt in a""ordan"e !ith the

ter(s of this A'ree(ent and its &s&a% $ra"ti"es and a$$%i"a4%e re'&%ations, and

$ay the (a#i(&( rate of interest $aya4%e to si(i%ar "&sto(ers on the 4a%an"e in

the said a""o&nt fro( ti(e to ti(e.

2.. The Es"ro! 6an> and the /on"essionaire sha%%, after "ons&%tation !ith theendersK Re$resentatie, a'ree on the detai%ed (andates, ter(s and "onditions,

and o$eratin' $ro"ed&res for the Es"ro! A""o&nt, 4&t in the eent of any

"on?i"t or in"onsisten"y 4et!een this A'ree(ent and s&"h (andates, ter(s

and "onditions, or $ro"ed&res, this A'ree(ent sha%% $reai%.

2. Es"ro! 6an>Ks fee The Es"ro! 6an> sha%% 4e entit%ed to re"eie its fee and

e#$enses in an a(o&nt, and at s&"h ti(es, as (ay 4e a'reed 4et!een the Es"ro!

6an> and the /on"essionaire. @or the aoidan"e of do&4t, s&"h fee and e#$enses

sha%% for( $art of the *M E#$enses and sha%% 4e a$$ro$riated fro( the Es"ro!

A""o&nt in a""ordan"e !ith /%a&se .1.

2. Ri'hts of the +arties Sae and e#"e$t as other!ise $roided in the /on"essionA'ree(ent, the ri'hts of the A&thority, the endersK Re$resentatie and the

/on"essionaire in the (onies he%d in the Es"ro! A""o&nt are set forth in their

entirety in this A'ree(ent and the A&thority, the endersK Re$resentatie

and the /on"essionaire sha%% hae no other ri'hts a'ainst or to the (onies in

the Es"ro! A""o&nt.

2.P S&4stit&tion of the /on"essionaire The +arties hereto a">no!%ed'e and a'ree

that &$on s&4stit&tion of the /on"essionaire !ith the No(inated /o($any,

$&rs&ant to the S&4stit&tion A'ree(ent, it sha%% 4e dee(ed for the $&r$oses of

this A'ree(ent that the No(inated /o($any is a +arty hereto and the No(inated

/o($any sha%% a""ordin'%y 4e dee(ed to hae s&""eeded to the ri'hts ando4%i'ations of the /on"essionaire &nder this A'ree(ent on and !ith ee"t fro(

the date of s&4stit&tion of the /on"essionaire !ith the No(inated /o($any.



: DEPOSITS INTO ESCRO, ACCOUNT

.1 -e$osits 4y the /on"essionaire

.1.1 The /on"essionaire a'rees and &nderta>es that it sha%% de$osit into andor "redit

the Es"ro! A""o&nt !ith=



a) A%% (onies re"eied in re%ation to the +roBe"t fro( any so&r"e, in"%&din'

the Senior enders, %enders of S&4ordinated -e4t and the A&thorityJ

4) A%% f&nds re"eied 4y the /on"essionaire fro( its shareho%ders, inany (anner or for(J

J

") Any other reen&esJ renta%s, de$osits or "a$ita% re"ei$ts, as the "ase

(ay 4e, fro( or in res$e"t of the +roBe"tJ and

d) A%% $ro"eeds re"eied $&rs&ant to anyins&ran"e "%ai(s.

.1.2 The /on"essionaire (ay at any ti(e (a>e de$osits of its other f&nds into

the Es"ro! A""o&nt, $roided that the $roisions of this A'ree(ent sha%% a$$%y to

s&"h de$osits.

:<9 De!%sits b$ te Aut%rit$

The A&thority a'rees and &nderta>es that, as and !hen d&e and $aya4%e, it sha%%de$osit into andor "redit the Es"ro! A""o&nt !ith=

a) Grant and any other (onies dis4&rsed 4y the A&thority tothe /on"essionaireJ

4) A%% reen&es "o%%e"ted 4y the A&thority in e#er"ise of its ri'hts&nder the /on"ession

A'ree(entJand

") Ter(ination

+ay(ents

+roided that, not!ithstandin' the $roisions of /%a&se .1.1, the A&thority sha%%

4e entit%ed to a$$ro$riate fro( the aforesaid a(o&nts, any a(o&nts d&e and

$aya4%e to it 4y the /on"essionaire, and the 4a%an"e re(ainin' sha%% 4e de$osited

into the Es"ro! A""o&nt.

:<: De!%sits b$ Seni%r Len*ers

The endersK Re$resentatie a'rees, "on5r(s and &nderta>es that the Senior

enders sha%% de$osit into andor "redit the Es"ro! A""o&nt !ith a%%

dis4&rse(ents (ade 4y the( in re%ation to or in res$e"t of the +roBe"tJ

$roided that not!ithstandin' anythin' to the "ontrary "ontained in thisA'ree(ent, the Senior enders sha%% 4e entit%ed to (a>e dire"t $ay(ents to the

E+/ /ontra"tor &nder and in a""ordan"e !ith the e#$ress $roisions "ontained in

this 4eha%f in the @inan"in' A'ree(ents.

:<; Interest %n *e!%sits

The Es"ro! 6an> a'rees and &nderta>es that a%% interest a""r&in' on the 4a%an"es

of the Es"ro! A""o&nt sha%% 4e "redited to the Es"ro! A""o&ntJ $roided that the

Es"ro! 6an> sha%% 4e entit%ed to a$$ro$riate therefro( the fee and e#$enses

d&e to it fro( the /on"essionaire in re%ation to the Es"ro! A""o&nt and "redit

the 4a%an"e re(ainin' to the Es"ro! A""o&nt.

; ,ITHDRA,ALS 6RO' ESCRO, ACCOUNT

;<. ,it*ra#als *urin" C%ncessi%n Peri%*



.1.1 At the 4e'innin' of eery (onth, or at s&"h shorter intera%s as the endersK

Re$resentatie and the /on"essionaire (ay 4y !ritten instr&"tions deter(ine, the

Es"ro! 6an> sha%% !ithdra! a(o&nts fro( the Es"ro! A""o&nt and a$$ro$riate

the( in the fo%%o!in' order 4y de$ositin' s&"h a(o&nts in the re%eant S&4<

A""o&nts for (a>in' d&e $ay(ents, and if s&"h $ay(ents are not d&e in any

(onth, then retain s&"h (onies in s&"h S&4<A""o&nts and $ay o&t therefro( on

the +ay(ent -ates)=

a) A%% ta#es d&e and $aya4%e 4y the /on"essionaire for and inres$e"t of the +roBe"tJ




/%a&se . of the /on"ession A'ree(entJ

") A%% $ay(ents re%atin' to "onstr&"tion of the +roBe"t, s&4Be"t to and in

a""ordan"e !ith the "onditions, if any, set forth in the @inan"in'

A'ree(entsJd) *M E#$enses, s&4Be"t to the "ei%in', if any, set forth in the @inan"in'A'ree(entsJ

e) *M E#$enses and other "osts and e#$enses in"&rred 4y the A&thority in

a""ordan"e !ith the $roisions of the /on"ession A'ree(ent, and

"ertified 4y the A&thority as d&e and $aya4%e to itJ

f) Any a(o&nts d&e and $aya4%e to the A&thorityJ

') Month%y $ro$ortionate $roision of -e4t Seri"e d&e in an A""o&ntin' ZearJ

h) a%% $ay(ents and -a(a'es "ertified 4y the A&thority as d&e and$aya4%e to it 4y the

/on"essionaire $&rs&ant to the /on"ession A'ree(entJ

i) Month%y $ro$ortionate $roision of de4t seri"e $ay(ents d&e in an

A""o&ntin' Zear in res$e"t of S&4ordinated -e4tJ

B) any resere re7&ire(ents set forth in the @inan"in' A'ree(entsJ and

>) 6a%an"e, if any, in a""ordan"e !ith the instr&"tions of the /on"essionaire.

.1.2 No %ater than P0 si#ty) days $rior to the "o((en"e(ent of ea"h A""o&ntin'

Zear, the /on"essionaire sha%% $roide to the Es"ro! 6an>, !ith $rior !rittena$$roa% of the endersK Re$resentatie, detai%s of the a(o&nts %i>e%y to 4e

re7&ired for ea"h of the $ay(ent o4%i'ations set forth in this /%a&se .1J $roided

that s&"h a(o&nts (ay 4e s&4se7&ent%y (odified, !ith $rior !ritten

a$$roa% of the endersK Re$resentatie, if fresh infor(ation re"eied d&rin' the

"o&rse of the year (a>es s&"h (odifi"ation ne"essary.

.2 ithdra!a%s &$on Ter(ination &$on Ter(ination of the /on"ession A'ree(ent,

a%% a(o&nts standin' to the "redit of the Es"ro! A""o&nt sha%%,

not!ithstandin' anythin' in this A'ree(ent, 4e a$$ro$riated and dea%t !ith in

the fo%%o!in' order=



/%a&se . of the /on"ession A'ree(entJ

") 0Q ninety $er "ent) of -e4t -&e e#"%&din' S&4ordinated -e4tJ

d) a%% $ay(ents and -a(a'es "ertified 4y the A&thority as d&e and

$aya4%e to it 4y the /on"essionaire $&rs&ant to the /on"ession

A'ree(ent, in"%&din' any "%ai(s in "onne"tion !ith or arisin' o&t of

Ter(inationJ

e) Retention and $ay(ents arisin' o&t of, or in re%ation to, %ia4i%ity for defe"ts

and de5"ien"ies set forth in Arti"%e of the /on"ession A'ree(entJ



f) *&tstandin' -e4t Seri"e in"%&din' the

4a%an"e of -e4t -&eJ ') *&tstandin'

S&4ordinated -e4tJ

h) In"&rred or a""r&ed *M E#$ensesJ

i) Any other $ay(ents re7&ired to 4e (ade &nder the /on"essionA'ree(entJ and



B) 6a%an"e, if any, in a""ordan"e !ith the instr&"tions of the /on"essionaire=

+roided that the dis4&rse(ents s$e"ified in S&4<"%a&se i) of this /%a&se

.2 sha%% 4e &nderta>en on%y after the Cestin' /erti5"ate has 4een iss&ed 4y

the A&thority.

;<: A!!licati%n %) insu))icient )un*s3

@&nds in the Es"ro! A""o&nt sha%% 4e a$$%ied in the seria% order of $riority setforth in /%a&ses .1 and

.2, as the "ase (ay 4e. If the f&nds aai%a4%e are not s&f5"ient to (eet a%%the re7&ire(ents, the

Es"ro! 6an> sha%% a$$%y s&"h f&nds in the seria% order of $riority &nti%e#ha&stion thereof.

;<; A!!licati%n %) insurance !r%cee*s

Not!ithstandin' anythin' in this A'ree(ent, the $ro"eeds fro( a%% ins&ran"e

"%ai(s, e#"e$t %ife and inB&ry, sha%% 4e de$osited into andor "redited to the Es"ro!

A""o&nt and &ti%i;ed for any ne"essary re$air, re"onstr&"tion, reinstate(ent,re$%a"e(ent, i($roe(ent, de%iery or insta%%ation of the +roBe"t, and the

4a%an"e re(ainin', if any, sha%% 4e a$$%ied in a""ordan"e !ith the

$roisions "ontained in this 4eha%f in the @inan"in' A'ree(ents.

;<= ,it*ra#als *urin" Sus!ensi%n

Not!ithstandin' anythin' to the "ontrary "ontained in this A'ree(ent, the

A&thority (ay e#er"ise a%% or any of the ri'hts of the /on"essionaire d&rin' the

$eriod of S&s$ension &nder Arti"%e 0 of the /on"ession A'ree(ent. Any

instr&"tions 'ien 4y the A&thority to the Es"ro! 6an> d&rin' s&"h $eriod sha%% 4e

"o($%ied !ith as if s&"h instr&"tions !ere 'ien 4y the /on"essionaire &nder this

A'ree(ent and a%% a"tions of the A&thority here&nder sha%% 4e dee(ed to hae4een ta>en for and on 4eha%f of the /on"essionaire.

= OBLI(ATIONS O6 THE ESCRO, BANQ

=<. Se"re"ati%n %) )un*s

Monies and other $ro$erty re"eied 4y the Es"ro! 6an> &nder this A'ree(ent

sha%%, &nti% &sed or a$$%ied in a""ordan"e !ith this A'ree(ent, 4e he%d 4y the

Es"ro! 6an> in tr&st for the $&r$oses for !hi"h they !ere re"eied, and sha%% 4e

se're'ated fro( other f&nds and $ro$erty of the Es"ro! 6an>.

=<9 N%ti)icati%n %) balances

Oseen) 4&siness days $rior to ea"h +ay(ent -ate and for this $&r$ose the

Es"ro! 6an> sha%% 4e entit%ed to re%y on an air(ation 4y the /on"essionaire

andor the endersK Re$resentatie as to the re%eant +ay(ent -ates), the Es"ro!

6an> sha%% notify the endersK Re$resentatie of the 4a%an"es in the Es"ro!

A""o&nt and S&4<A""o&nts as at the "%ose of 4&siness on the i((ediate%y

$re"edin' 4&siness day.

=<: C%&&unicati%ns an* n%tices

In dis"har'e of its d&ties and o4%i'ations here&nder, theEs"ro! 6an>=

a) May, in the a4sen"e of 4ad faith or 'ross ne'%i'en"e on its $art, re%y as to

any (atters of fa"t !hi"h ti'ht reasona4%y 4e e#$e"ted to 4e !ithin the



>no!%ed'e of the /on"essionaire &$on a "ertifi"ate si'ned 4y or on 4eha%f of

the /on"essionaireJ

4) (ay, in the a4sen"e of 4ad faith or 'ross ne'%i'en"e on its $art, re%y &$on

the a&thenti"ity of any "o((&ni"ation or do"&(ent 4e%ieed 4y it to 4e

a&thenti"J



") sha%%, !ithin 5e) 4&siness days after re"ei$t, de%ier a "o$y to the

endersK Re$resentatie of any noti"e or do"&(ent re"eied 4y it in its

"a$a"ity as the Es"ro! 6an> fro( the /on"essionaire or any other $erson

here&nder or in "onne"tion here!ithJ and

d) sha%%, !ithin 5e) 4&siness days after re"ei$t, de%ier a "o$y to the

/on"essionaire of anynoti"e or do"&(ent re"eied 4y it fro( the endersK Re$resentatie in"onne"tion here!ith.

=<; N% set %?

The Es"ro! 6an> a'rees not to "%ai( or e#er"ise any ri'ht of set off, 4an>erKs %ien

or other ri'ht or re(edy !ith res$e"t to a(o&nts standin' to the "redit of the

Es"ro! A""o&nt. @or the aoidan"e of do&4t, it is here4y a">no!%ed'ed and

a'reed 4y the Es"ro! 6an> that the (onies and $ro$erties he%d 4y the

Es"ro!Es"ro! 6an> in the Es"ro! A""o&nt sha%% not 4e "onsidered as $art of the

assets of the Es"ro! 6an> and 4ein' tr&st $ro$erty, sha%% in the "ase of

4an>r&$t"y or %i7&idation of the Es"ro! 6an>, 4e !ho%%y e#"%&ded fro( the assetsof the Es"ro! 6an> in s&"h 4an>r&$t"y or %i7&idation.

=<= Re"ulat%r$ a!!r%vals

The Es"ro! 6an> sha%% &se its 4est eorts to $ro"&re, and thereafter (aintain and

"o($%y !ith, a%% re'&%atory a$$roa%s re7&ired for it to esta4%ish and o$erate the

Es"ro! A""o&nt. The Es"ro! 6an> re$resents and !arrants that it is not a!are of

any reason !hy s&"h re'&%atory a$$roa%s !i%% not ordinari%y 4e 'ranted to the

Es"ro! 6an>.

> ESCRO, DE6AULT

><. Escr%# De)ault

P.1.1 @o%%o!in' eents sha%% "onstit&te an eent of defa&%t 4y the /on"essionaire

an Es"ro! -efa&%t3) &n%ess s&"h eent of defa&%t has o""&rred as a res&%t of

@or"e MaBe&re or any a"t or o(ission of the A&thority or the endersK

Re$resentatie=

a) the /on"essionaire "o((its 4rea"h of this A'ree(ent 4y fai%in' to de$osit

any re"ei$ts into the Es"ro! A""o&nt as $roided herein and fai%s to "&re

s&"h 4rea"h 4y de$ositin' the sa(e into the Es"ro! A""o&nt !ithin a /&re

+eriod of fie) 4&siness daysJ

4) the /on"essionaire "a&ses the Es"ro! 6an> to transfer f&nds toany a""o&nt of the /on"essionaire in 4rea"h of the ter(s of this

A'ree(ent and fai%s to "&re s&"h 4rea"h 4y de$ositin' the re%eant f&nds

into the Es"ro! A""o&nt or any S&4<A""o&nt in !hi"h s&"h transfer sho&%d

hae 4een (ade, !ithin a /&re +eriod of fie) 4&siness daysJ or

") the /on"essionaire "o((its or "a&ses any other 4rea"h of the $roisions

of this A'ree(ent and fai%s to "&re the sa(e !ithin a /&re +eriod of fie)

4&siness days.

P.1.2 L$on o""&rren"e of an Es"ro! -efa&%t, the "onse7&en"es thereof sha%% 4e dea%t

!ith &nder and in a""ordan"e !ith the $roisions of the /on"ession A'ree(ent.@ TER'INATION O6 ESCRO, A(REE'ENT



@<. Durati%n %) te Escr%# A"ree&ent

This A'ree(ent sha%% re(ain in f&%% for"e and ee"t so %on' as any s&( re(ains to

4e adan"ed or is o&tstandin' fro( the /on"essionaire in res$e"t of the de4t,

'&arantee or 5nan"ia% assistan"e re"eied 4y it fro( the Senior enders, or any of

its o4%i'ations to the A&thority re(ain to 4e dis"har'ed, &n%ess ter(inated ear%ier

4y "onsent of a%% the +arties or other!ise in a""ordan"e !ith the $roisions of this

A'ree(ent.



@<9 Substituti%n %) Escr%# Ban8

The /on"essionaire (ay, 4y not %ess than forty 5e) days $rior noti"e to the

Es"ro! 6an>, the A&thority and the endersK Re$resentatie, ter(inate this

A'ree(ent and a$$oint a ne! Es"ro! 6an>, $roided that the ne! Es"ro! 6an>

is a""e$ta4%e to the endersK Re$resentatie and arran'e(ents are (ade

satisfa"tory to the endersK Re$resentatie for transfer of a(o&nts de$osited inthe Es"ro! A""o&nt to a ne! Es"ro! A""o&nt esta4%ished !ith the s&""essor

Es"ro! 6an>.

The ter(ination of this A'ree(ent sha%% ta>e ee"t on%y &$on "o(in' intofor"e of an Es"ro!

A'ree(ent !ith the s&4stit&teEs"ro! 6an>.

@<: Cl%sure %) Escr%# Acc%unt

The Es"ro! 6an> sha%%, at the re7&est of the /on"essionaire and the endersK

Re$resentatie (ade on or after the $ay(ent 4y the /on"essionaire of a%%o&tstandin' a(o&nts &nder the /on"ession A'ree(ent and the @inan"in'

A'ree(ents in"%&din' the $ay(ents s$e"ified in /%a&se .2, and &$on

"on5r(ation of re"ei$t of s&"h $ay(ents, "%ose the Es"ro! A""o&nt and S&4<

A""o&nts and $ay any a(o&nt standin' to the "redit thereof to the

/on"essionaire. L$on "%os&re of the Es"ro! A""o&nt here&nder, the Es"ro!

A'ree(ent sha%% 4e dee(ed to 4e ter(inated.

SUPPLE'ENTARY ESCRO, A(REE'ENT

<. Su!!le&entar$ escr%# a"ree&ent

The endersK Re$resentatie and the /on"essionaire sha%% 4e entit%ed to enter intoa s&$$%e(entary es"ro! a'ree(ent !ith the Es"ro! 6an> $roidin', inter a%ia, for

detai%ed $ro"ed&res and do"&(entation for !ithdra!a%s fro( S&4< A""o&nts

$&rs&ant to /%a&se .1.1 and for (atters not "oered &nder this A'ree(ent s&"h

as the ri'hts and o4%i'ations of Senior enders and %enders of S&4ordinated -e4t,

inest(ent of s&r$%&s f&nds, restri"tions on !ithdra!a%s 4y the /on"essionaire in

the eent of 4rea"h of this A'ree(ent or &$on o""&rren"e of an Es"ro! -efa&%t,

$ro"ed&res re%atin' to o$eration of the Es"ro! A""o&nt and !ithdra!a%

therefro(, re$ortin' re7&ire(ents and any (atters in"identa% theretoJ $roided

that s&"h s&$$%e(entary es"ro! a'ree(ent sha%% not "ontain any $roision !hi"h

is in"onsistent !ith this A'ree(ent and in the eent of any "on?i"t or

in"onsisten"y 4et!een $roisions of this A'ree(ent and s&"h s&$$%e(entaryes"ro! a'ree(ent, the $roisions of this A'ree(ent sha%% $reai%.

INDE'NITIES

<. (eneral in*e&nit$

.1.1 The /on"essionaire !i%% inde(nify, defend and ho%d the A&thority, Es"ro!

6an> and the Senior enders, a"tin' thro&'h the endersK Re$resentatie,

har(%ess a'ainst any and a%% $ro"eedin's, a"tions and third $arty "%ai(s for

any %oss, da(a'e, "ost and e#$ense arisin' o&t of any 4rea"h 4y the

/on"essionaire of any of its o4%i'ations &nder this A'ree(ent or on a""o&nt of

fai%&re of the /on"essionaire to "o($%y !ith A$$%i"a4%e a!s and A$$%i"a4%e+er(its.



.1.2 The A&thority !i%% inde(nify, defend and ho%d the /on"essionaire har(%ess

a'ainst any and a%% $ro"eedin's, a"tions and third $arty "%ai(s for any %oss,

da(a'e, "ost and e#$ense arisin' o&t of fai%&re of the A&thority to f&%fi% any of

its o4%i'ations &nder this A'ree(ent (ateria%%y and aderse%y ae"tin' the

$erfor(an"e of the /on"essionaireKs o4%i'ations &nder the /on"ession A'ree(ent

or this A'ree(ent other than any %oss, da(a'e, "ost and e#$ense arisin' o&t of

a"ts done in dis"har'e of their %a!f&% f&n"tions 4y the A&thority, its oi"ers,

serants and a'ents.



.1. The Es"ro! 6an> !i%% inde(nify, defend and ho%d the /on"essionaire har(%ess

a'ainst any and a%% $ro"eedin's, a"tions and third $arty "%ai(s for any %oss,

da(a'e, "ost and e#$ense arisin' o&t of fai%&re of the Es"ro! 6an> to f&%fi% its

o4%i'ations &nder this A'ree(ent (ateria%%y and aderse%y ae"tin' the


other than any %oss, da(a'e, "ost and e#$ense, arisin' o&t of a"ts done in

dis"har'e of their %a!f&% f&n"tions 4y the Es"ro! 6an>, its oi"ers, serants anda'ents.

<9 N%tice an* c%ntest %) clai&s

In the eent that any +arty hereto re"eies a "%ai( fro( a third $arty in res$e"t of

!hi"h it is entit%ed to the 4ene5t of an inde(nity &nder /%a&se .1 or in res$e"t of

!hi"h it is entit%ed to rei(4&rse(ent the Inde(nified +arty3), it sha%% notify the

other +arty res$onsi4%e for inde(nifyin' s&"h "%ai( here&nder the Inde(nifyin'

+arty3) !ithin 1 5fteen) days of re"ei$t of the "%ai( and sha%% not sett%e or

$ay the "%ai( !itho&t the $rior a$$roa% of the Inde(nifyin' +arty, !hi"h a$$roa%

sha%% not 4e &nreasona4%y !ithhe%d or de%ayed. In the eent that the Inde(nifyin'

+arty !ishes to "ontest or dis$&te the "%ai(, it (ay "ond&"t the $ro"eedin's in

the na(e of the Inde(nified +arty and sha%% 4ear a%% "osts ino%ed in "ontestin'

the sa(e. The Inde(nified +arty sha%% $roide a%% "oo$eration and assistan"e in

"ontestin' any "%ai( and sha%% si'n a%% s&"h !ritin's and do"&(ents as the

Inde(nifyin' +arty (ay reasona4%y re7&ire.

.0 DISPUTE RESOLUTION

.0<. Dis!ute res%luti%n

10.1.1 Any dis$&te, differen"e or "%ai( arisin' o&t of or in "onne"tion !ith this

A'ree(ent, !hi"h is not reso%ed a(i"a4%y, sha%% 4e de"ided 5na%%y 4y referen"e

to ar4itration to a 6oard of Ar4itrators "o($risin' one no(inee of ea"h +arty to

the dis$&te, and !here the n&(4er of s&"h no(inees is an een n&(4er, the

no(inees sha%% e%e"t another $erson to s&"h 6oard. S&"h ar4itration sha%% 4e he%d

in a""ordan"e !ith the R&%es of Ar4itration of the Internationa% /entre for

A%ternatie -is$&te Reso%&tion, Ne! -e%hi the R&%es3) or s&"h other r&%es as (ay

4e (&t&a%%y a'reed 4y the +arties, and sha%% 4e s&4Be"t to the $roisions of the

Ar4itration and /on"i%iation A"t, 1P.

10.1.2 The Ar4itrators sha%% iss&e a reasoned a!ard and s&"h a!ard sha%% 4e 5na% and4indin' on the +arties.

The $%a"e of ar4itration sha%% 4e the "a$ita% of the State and the %an'&a'e of

ar4itration sha%% 4eEn'%ish.

..< 'ISCELLANEOUS PROVISIONS

11.1 (%vernin" la# an* +uris*icti%n


'oerned 4y the %a!s of India, and the "o&rts in the State sha%% hae B&risdi"tion

oer a%% (atters arisin' o&t of or re%atin' to this A'ree(ent.

11.2 aier of soerei'n i((&nity The A&thority &n"onditiona%%y and irreo"a4%y=

a) a'rees that the e#e"&tion, de%iery and $erfor(an"e 4y it of this A'ree(ent

"onstit&te "o((er"ia% a"ts done and $erfor(ed for "o((er"ia% $&r$oseJ



4) a'rees that, sho&%d any $ro"eedin's 4e 4ro&'ht a'ainst it or its assets, $ro$erty

or reen&es in any B&risdi"tion in re%ation to this A'ree(ent or any transa"tion

"onte($%ated 4y this A'ree(ent, no i((&nity !hether 4y reason of soerei'nty

or other!ise) fro( s&"h $ro"eedin's sha%% 4e "%ai(ed 4y or on 4eha%f of the

A&thority !ith res$e"t to its assetsJ



") !aies any ri'ht of i((&nity !hi"h it or its assets, $ro$erty or reen&es no! has,

(ay a"7&ire in the f&t&re or !hi"h (ay 4e attri4&ted to it in any B&risdi"tionJ and

d) "onsents 'enera%%y in res$e"t of the enfor"e(ent of any B&d'(ent or a!ard

a'ainst it in any s&"h $ro"eedin's to the 'iin' of any re%ief or the iss&e of any

$ro"ess in any B&risdi"tion in "onne"tion !ith s&"h $ro"eedin's in"%&din' the

(a>in', enfor"e(ent or e#e"&tion a'ainst it or in res$e"t of any assets,$ro$erty or reen&es !hatsoeer irres$e"tie of their &se or intended &se of any

order or B&d'(ent that (ay 4e (ade or 'ien in "onne"tion there!ith).

..<: Pri%rit$ %) a"ree&ents

In the eent of any "on?i"t 4et!een the /on"ession A'ree(ent and this

A'ree(ent, the $roisions "ontained in the /on"ession A'ree(ent sha%% $reai%

oer this A'ree(ent.

..<; Alterati%n %) ter&s

A%% additions, a(end(ents, (odifi"ations and ariations to this A'ree(ent

sha%% 4e effe"t&a% and 4indin' on%y if in !ritin' and si'ned 4y the d&%y a&thori;edre$resentaties of the +arties.

..<= ,aiver

11..1 aier 4y any +arty of a defa&%t 4y another +arty in the o4seran"e and

$erfor(an"e of any $roision of or o4%i'ations &nder this A'ree(ent=



4) sha%% not 4e effe"tie &n%ess it is in !ritin' and e#e"&ted 4y a d&%y

a&thori;ed re$resentatie of the +artyJ and") sha%% not affe"t the a%idity or enfor"ea4i%ity of this A'ree(ent in any(anner.

11..2 Neither the fai%&re 4y any +arty to insist on any o""asion &$on the

$erfor(an"e of the ter(s, "onditions and $roisions of this A'ree(ent or

any o4%i'ation there&nder nor ti(e or other ind&%'en"e 'ranted 4y any +arty

to another +arty sha%% 4e treated or dee(ed as !aier of s&"h 4rea"h or

a""e$tan"e of any ariation or the re%in7&ish(ent of any s&"h ri'ht here&nder.

11.P No third $arty 4ene5"iaries This A'ree(ent is so%e%y for the 4enefit of the

+arties and no other $erson or entity sha%% hae any ri'hts here&nder.

..<@ Survival

..<@<. Ter&inati%n %) tis A"ree&ent3

a) sha%% not re%iee the +arties of any o4%i'ations here&nder !hi"h e#$ress%y

or 4y i($%i"ation s&rie ter(ination hereofJ and


%i(itin' the %ia4i%ity of either +arty, sha%% not re%iee either +arty of any

o4%i'ations or %ia4i%ities for %oss or da(a'e to the other +arty arisin' o&t of,

or "a&sed 4y, a"ts or o(issions of s&"h +arty $rior to the ee"tieness of

s&"h ter(ination or arisin' o&t of s&"h ter(ination.



11.O.2 A%% o4%i'ations s&riin' the "an"e%%ation, e#$iration or ter(ination of this

A'ree(ent sha%% on%y s&rie for a $eriod of three) years fo%%o!in' the date of

s&"h ter(ination or e#$iry of this A'ree(ent.

11. Severabilit$



If for any reason !hateer any $roision of this A'ree(ent is or 4e"o(es ina%id,

i%%e'a% or &nenfor"ea4%e or is de"%ared 4y any "o&rt of "o($etent B&risdi"tion or

any other instr&(enta%ity to 4e ina%id, i%%e'a% or &nenfor"ea4%e, the a%idity,

%e'a%ity or enfor"ea4i%ity of the re(ainin' $roisions sha%% not 4e ae"ted in any

(anner, and the +arties !i%% ne'otiate in 'ood faith !ith a ie! to a'reein' to one

or (ore $roisions !hi"h (ay 4e s&4stit&ted for s&"h ina%id, &nenfor"ea4%e or

i%%e'a% $roisions, as near%y as is $ra"ti"a4%e to s&"h ina%id, i%%e'a% or&nenfor"ea4%e $roision. @ai%&re to a'ree &$on any s&"h $roisions sha%% not 4e

s&4Be"t to dis$&te reso%&tion &nder /%a&se 10.1 of this A'ree(ent or other!ise.

..< Success%rs an* assi"ns

This A'ree(ent sha%% 4e 4indin' on and sha%% in&re to the 4ene5t of the +arties

and their res$e"tie s&""essors and $er(itted assi'ns.

..<.0 N%tices

A%% noti"es or other "o((&ni"ations to 4e 'ien or (ade &nder this A'ree(ent

sha%% 4e in !ritin' and sha%% either 4e de%iered $ersona%%y or sent 4y "o&rier orre'istered $ost !ith an additiona% "o$y to 4e sent 4y fa"si(i%e or e<(ai%. The

address for seri"e of ea"h +arty, its fa"si(i%e n&(4er and e<(ai% are set o&t

&nder its na(e on the si'nin' $a'es hereto. A noti"e sha%% 4e ee"tie &$on

a"t&a% re"ei$t thereof, sae that !here it is re"eied after .0 5e thirty) $.(. on

a 4&siness day, or on a day that is not a 4&siness day, the noti"e sha%% 4e dee(ed

to 4e re"eied on the 5rst 4&siness day fo%%o!in' the date of a"t&a% re"ei$t.

itho&t $reB&di"e to the fore'oin', a +arty 'iin' or (a>in' a noti"e or

"o((&ni"ation 4y fa"si(i%e or e<(ai% sha%% $ro($t%y de%ier a "o$y thereof

$ersona%%y, or send it 4y "o&rier or re'istered $ost to the addressee of s&"h noti"e

or "o((&ni"ation. It is here4y a'reed and a">no!%ed'ed that any +arty (ay 4y

noti"e "han'e the address to !hi"h s&"h noti"es and "o((&ni"ations to it are to4e de%iered or (ai%ed. S&"h "han'e sha%% 4e ee"tie !hen a%% the +arties hae

noti"e of it.

11.11 Lan"ua"e

A%% noti"es, "erti5"ates, "orres$onden"e and $ro"eedin's &nder or in "onne"tion

!ith this A'ree(ent sha%% 4e in En'%ish.

11.12 Aut%rie* re!resentatives

Ea"h of the +arties sha%%, 4y noti"e in !ritin', desi'nate their res$e"tie

a&thori;ed re$resentaties thro&'h !ho( on%y a%% "o((&ni"ations sha%% 4e (ade.

A +arty hereto sha%% 4e entit%ed to re(oe andor s&4stit&te or (a>e fresha$$oint(ent of s&"h a&thori;ed re$resentatie 4y si(i%ar noti"e.

..<.: Ori"inal D%cu&ent

This A'ree(ent (ay 4e e#e"&ted in fo&r "o&nter$arts, ea"h of !hi"h !hen

e#e"&ted and de%iered sha%% "onstit&te an ori'ina% of this A'ree(ent.

IN ITNESS HERE*@ THE +ARTIES HACE EXE/LTE- AN- -EICERE- THIS

AGREEMENT AS *@ THE -ATE @IRST A6*CE RITTEN.



THE /*MM*N SEA *@ /*N/ESSI*NAIREhas 4een ai#ed $&rs&ant to thereso%&tion $assed 4y the 4y

AN- -EICERE-@or and on 4eha%f of



170

the6oard of -ire"tors of the/on"essionaire /*N/ESSI*NAIRE has4een ai#ed @or and on 4eha%f of$&rs&ant to the reso%&tion $assed 4y theSENI*R EN-ERS 4y the 6oard of-ire"tors of the /on"essionaireenders Re$resentatie= at its

(eetin' he%d on the day of 20here&nto ai#ed in the $resen"e of ,-ire"tor, !ho hassi'ned these $resents in to>en thereofand/o($any Se"retary A&thori;ed *V"er!ho has "o&ntersi'ned the sa(e in to>en

thereof `

SENI*R EN-ERS 4y theenderKs re$resentatie=

Si'nat&re)

Si'nat&re) Na(e)

Na(e) -esi'nation)

-esi'nation) Address)

Address)

@a# No.) @a# N)

E<(ai% address)

E<(ai% address) SIGNE-, SEAE- AN-

SIGNE-, SEAE- AN- -EICERE-

-EICERE-

@or and on 4eha%f of for and on 4eha%f of

THE ES/R* 6ANY 4y

THE ALTH*RITZ 4y= Si'nat&re)

Si'nat&re)

Na(e)

Na(e) -esi'nation)

-esi'nation) Address)

Address)

@a# No.) @a# No.)

E<(ai% address)

E<(ai% address) SIGNE-, SEAE-

In the $resen"e of=



171

T o 4 e aV # e d in a "" o r d a n " e ! it h the arti" % e s o f a s s o"i a t io n o f the /o n"e s s io n air e a nd the re s o% & t io n $ a s se d 4y i ts 6o a r d o f

-i r e"to r s .

`



SCHEDULE/ P

See Clause9@<9<.7

PANEL O6 CHARTEREDACCOUNTANTS

. Panel %) Cartere* Acc%untants

+&rs&ant to the $roisions of /%a&se 2O.2.1 of the A'ree(ent, the A&thority and

the /on"essionaire sha%% $re$are a (&t&a%%y a'reed $ane% of fie) re$&ta4%e

5r(s of /hartered A""o&ntants hain' their re'istered oi"es in India the+ane% of /hartered A""o&ntants3). The "riteria for $re$arin' s&"h +ane% and

the $ro"ed&re to 4e ado$ted in this 4eha%f sha%% 4e as set forth in this S"hed&%e<+.

9 Invitati%n )%r e&!anel&ent

2.1 The A&thority sha%% inite oers fro( a%% re$&ted 5r(s of /hartered

A""o&ntants !ho f&%fi% the fo%%o!in' e%i'i4i%ity "riteria, na(e%y=

a) the 5r( sho&%d hae "ond&"ted stat&tory a&dit of the ann&a%

a""o&nts of at %east one h&ndred "o($anies re'istered &nder the

/o($anies A"t, 1P, in"%&din' any re<ena"t(ent or a(end(ent thereof, of

!hi"h at %east ten sho&%d hae 4een $&4%i" se"tor &nderta>in'sJ4) The 5r( sho&%d hae at %east fie) $ra"ti"in' /hartered A""o&ntants on

its ro%%s, ea"h !ith a (ini(&( e#$erien"e of ten years in the $rofessionJ

") The 5r( or any of its $artners sho&%d not hae 4een dis7&a%i5edor 4%a"><%isted 4y the

/o($tro%%er and A&ditor Genera% of India or the A&thorityJ and

d) The 5r( sho&%d hae an oi"e in the State or in an adBa"ent State!ith at %east 2 t!o)

$ra"ti"in' /hartered A""o&ntants on its ro%%s in s&"h State.

2.2 Interested 5r(s (eetin' the e%i'i4i%ity "riteria sha%% 4e re7&ired to s&4(ita state(ent of their "a$a4i%ity in"%&din' the 4io<data of a%% the $ra"ti"in'

/hartered A""o&ntants on its ro%%s. In $arti"&%ar, ea"h 5r( sha%% 4e re7&ired to

f&rnish year<!ise infor(ation re%atin' to the na(es of a%% the "o($anies !ith an

ann&a% t&rnoer e#"eedin' Rs. 2,00,00,000 Rs. t!enty fie "rore) !hose ann&a%

a""o&nts !ere a&dited 4y s&"h 5r( in any of the $re"edin' fie) A""o&ntin'

Zears

: Evaluati%n an* selecti%n

.1 The infor(ation f&rnished 4y ea"h 5r( sha%% 4e s"r&tini;ed and ea%&ated 4y the

A&thority and 1 one) $oint sha%% 4e a!arded for ea"h ann&a% a&dit of the

"o($anies s$e"ified in +ara'ra$h 2.2 a4oe. @or the aoidan"e of do&4t and 4y

!ay of i%%&stration, a 5r( !hi"h has "ond&"ted a&dit of the ann&a% a""o&nts of any

s&"h "o($any for 5e) years sha%% 4e a!arded 5e) $oints).



.2 The A&thority sha%% $re$are a %ist of a%% the e%i'i4%e 5r(s a%on' !ith the $oints

s"ored 4y ea"h s&"h 5r( and 5e) 5r(s s"orin' the hi'hest $oints sha%% 4e

identi5ed and in"%&ded in the draft +ane% of /hartered A""o&ntants.

; C%nsultati%n #it te C%ncessi%naire



The A&thority sha%% "oney the aforesaid $ane% of 5r(s to the /on"essionaire for

s"r&tiny and "o((ents, if any. The /on"essionaire sha%% 4e entit%ed to s"r&tini;e

the re%eant re"ords of the A&thority to as"ertain !hether the se%e"tion of 5r(s

has 4een &nderta>en in a""ordan"e !ith the $res"ri4ed $ro"ed&re and it sha%%

send its "o((ents, if any, to the A&thority !ithin 1 5fteen) days of re"eiin' the

aforesaid $ane%.

= 'utuall$ a"ree* !anel

.1 The A&thority sha%%, after "onsiderin' a%% re%eant fa"tors in"%&din' the

"o((ents, if any, of the /on"essionaire, 5na%i;e and "onstit&te a $ane% of

5e) 5r(s !hi"h sha%% 4e dee(ed to 4e the (&t&a%%y a'reed +ane% of /hartered

A""o&ntants.

.2 After "o($%etion of eery 5e) years fro( the date of $re$arin' the (&t&a%%y

a'reed +ane% of /hartered A""o&ntants, or s&"h ear%ier $eriod as (ay 4e a'reed

4et!een the A&thority and the /on"essionaire, a ne! $ane% sha%% 4e $re$ared in

a""ordan"e !ith the $roisions of this S"hed&%e<+.



SCHEDULE/ 5

See Clause:9<;7

VESTIN(

CERTI6ICATE

1 The /hair(an, Nationa% Hi'h!ays A&thority of India the 1Aut%rit$2)refers to the /on"ession

A'ree(ent dated ……………….. the 1A"ree&ent2) entered into4et!een the A&thority and

……………………. the 1C%ncessi%naire2) for [@o&r<anin' and s&4se7&ent Si#<

anin'] of the 9999999 Se"tion of Nationa% Hi'h!ay No.999 the 1Pr%+ect

Hi"#a$2) on desi'n, 4&i%d, o$erate and transfer 1DBOT Annuit$ %r H$bri*

Annuit$2) 4asis.2 The A&thority here4y a">no!%ed'es "o($%ian"e and f&%fi%(ent 4y the

/on"essionaire of the

-iest(ent Re7&ire(ents set forth in /%a&se 2.1 of the A'ree(ent on the 4asis

that &$on iss&e of this Cestin' /erti5"ate, the A&thority sha%% 4e dee(ed to hae

a"7&ired, and a%% tit%e and interest of the /on"essionaire in or a4o&t the +roBe"t

sha%% 4e dee(ed to hae ested &nto the A&thority, free fro( any en"&(4ran"es,

"har'es and %iens !hatsoeer.

Not!ithstandin' anythin' to the "ontrary "ontained hereina4oe, it sha%% 4e a

"ondition of this Cestin' /erti5"ate that nothin' "ontained herein sha%% 4e

"onstr&ed or inter$reted as !aiin' the o4%i'ation of the /on"essionaire to re"tifyand re(edy any defe"t or de5"ien"y in any of the -iest(ent Re7&ire(ents

andor re%iein' the /on"essionaire in any (anner of the sa(e.

Si'ned this…………………… day of…………………….,20…………. At………………………..

AGREE-, A//E+TE- AN- SIGNE- SIGNE-,

SEAE- AN- -EICERE- @or and on 4eha%f of

for and on 4eha%f of

/*N/ESSI*NAIRE 4y=ALTH*RITZ 4y=

Si'nat&re

) Na(e)

-esi'nati

on)

Address)

Si'nat&re)

Na(e)

-esi'nati

on)

Address)

In the $resen"e of=



1. 2.



SCHEDULE/ R

See Clause:;<:<.7

SUBSTITUTIONA(REE'ENT

THIS SL6STITLTI*N AGREEMENT is entered into on this the……………dayof…………..20……………….

A'ON(ST

1 The +resident of India Goernor of ……………………………. , re$resented 4y and

hain' its $rin"i$a% oi"es at ………………………….. Hereinafter referred to as theA&thority3 !hi"h e#$ression sha%% &n%ess re$&'nant to the "onte#t or (eanin'

thereof in"%&de its ad(inistrators, s&""essors and assi'ns)J

2 …………………………………….i(ited, a "o($any in"or$orated &nder the$roisions of the /o($anies A"t,

201 and hain' its re'istered oi"e at ………………. Hereinafter

referred to as te 1C%ncessi%naire2 !hi"h e#$ression sha%% &n%ess

re$&'nant to the "onte#t or (eanin' thereof in"%&de its s&""essors and $er(itted

assi'ns and s&4stit&tes)J

…………………………….. insert na(e and $arti"&%ars of endersK Re$resentatie)

and hain' its re'istered oi"e at………………………………., a"tin' for and on4eha%f of the Senior enders as their d&%y a&thori;ed a'ent !ith re'ard to (atters

arisin' o&t of or in re%ation to this A'ree(ent hereinafter referred to as the

Len*ers Re!resentative2, !hi"h e#$ression sha%% &n%ess re$&'nant to the

"onte#t or (eanin' thereof in"%&de its s&""essors and s&4stit&tes)J

,HEREAS3

A) The A&thority has entered into a /on"ession A'ree(ent dated………………. ith

the /on"essionaire the 1C%ncessi%n A"ree&ent2) for

the…………….........+roBe"t the 1Pr%+ect27 on desi'n, 4&i%d, o$erate and transfer

4asis the 1DBOT Annuit$ %r H$bri* Annuit$27- and a "o$y of !hi"h is

anne#ed hereto and (ar>ed as Anne#<A to for( $art of this A'ree(ent.

6) Senior enders hae a'reed to 5nan"e the +roBe"t in a""ordan"e !ith the ter(s

and "onditions set forth in the @inan"in' A'ree(ents.

/) Senior enders hae re7&ested the A&thority to enter into this S&4stit&tion

A'ree(ent for se"&rin' their interests thro&'h assi'n(ent, transfer and

s&4stit&tion of the /on"ession to a No(inated /o($any in a""ordan"e !ith the

$roisions of this A'ree(ent and the /on"ession A'ree(ent.

-) In order to ena4%e i($%e(entation of the +roBe"t in"%&din' its 5nan"in',

"onstr&"tion, o$eration and (aintenan"e, the A&thority has a'reed and

&nderta>en to transfer and assi'n the /on"ession to aNo(inated /o($any ina""ordan"e !ith the ter(s and "onditions set forth in this A'ree(ent and the

/on"ession A'ree(ent.

NO,- THERE6ORE, in "onsideration of the fore'oin' and the res$e"tie

"oenants and a'ree(ents set forth in this A'ree(ent, the re"ei$t and



s&ffi"ien"y of !hi"h is here4y a">no!%ed'ed, and intendin' to 4e %e'a%%y 4o&nd

here4y, the +arties a'ree as fo%%o!s=

. DE6INITIONS AND INTERPRETATION

.<. De)initi%ns

In this S&4stit&tion A'ree(ent, the fo%%o!in' !ords and e#$ressions sha%%, &n%ess

re$&'nant to the "onte#t or (eanin' thereof, hae the (eanin'hereinafter res$e"tie%y assi'ned to the(=



1A"ree&ent2 (eans this S&4stit&tion A'ree(ent and any a(end(ent thereto

(ade in a""ordan"e !ith the $roisions "ontained in this A'ree(entJ

16inancial De)ault2 (eans o""&rren"e of a (ateria% 4rea"h of the ter(s

and "onditions of the @inan"in' A'ree(ents or a "ontin&o&s defa&%t in -e4t

Seri"e 4y the /on"essionaire for a (ini(&( $eriod of three) (onthsJ

1Len*ersRe!resentative2 (eans the $erson referred to as the endersKRe$resentatie in the

fore'oin'Re"ita%sJ

N%&inate* C%&!an$2 (eans a "o($any, in"or$orated &nder the $roisionsof the /o($anies A"t,

1P, in"%&din' any re<ena"t(ent or a(end(ent thereof, se%e"ted 4y the endersK

Re$resentatie, on 4eha%f of Senior enders, and $ro$osed to the A&thority for

assi'n(enttransfer of the /on"ession as $roided in this A'ree(entJ

1N%tice %) 6inancial De)ault2 sha%% hae the (eanin' as"ri4ed

thereto in /%a&se .2.1J and

1Parties2 (eans the $arties to this A'ree(ent "o%%e"tie%y and +arty3 sha%%(ean any of the +arties to

this A'ree(entindiid&a%%y.

.<9 Inter!retati%n

1.2.1 Referen"es to endersK Re$resentatie sha%%, &n%ess re$&'nant to the "onte#tor (eanin' thereof,

(ean referen"es to the endersK Re$resentatie, a"tin' for and on 4eha%f

of Senior enders.

1.2.2 Referen"es to /%a&ses are, &n%ess stated other!ise, referen"es to /%a&ses of thisA'ree(ent.

1.2. The !ords and e#$ressions 4e'innin' !ith "a$ita% %etters and de5ned in this

A'ree(ent sha%% hae the (eanin' as"ri4ed thereto herein, and the !ords and

e#$ressions &sed in this A'ree(ent and not de5ned herein 4&t de5ned in .the

/on"ession A'ree(ent sha%%, &n%ess re$&'nant to the "onte#t, hae the (eanin'

as"ri4ed thereto in the /on"ession A'ree(ent.

1.2. The r&%es of inter$retation stated in /%a&ses 1.2, 1. and 1. of the /on"ession

A'ree(ent sha%% a$$%y, (&tatis (&tandis, to this A'ree(ent.

9 ASSI(N'ENT

9<. Assi"n&ent %) ri"ts an* title

The /on"essionaire here4y a'rees to assi'n the ri'hts, tit%e and interest in the

/on"ession to, and in faor of, the endersK Re$resentatie $&rs&ant to and in

a""ordan"e !ith the $roisions of this A'ree(ent and the /on"ession

A'ree(ent 4y !ay of se"&rity in res$e"t of 5nan"in' 4y the Senior enders &nder

the @inan"in' A'ree(ents.

: SUBSTITUTION O6 THE CONCESSIONAIRE

:<. Ri"ts %) substituti%n

.1.1 +&rs&ant to the ri'hts, tit%e and interest assi'ned &nder /%a&se 2.1, the

endersK Re$resentatie sha%% 4e entit%ed to s&4stit&te the /on"essionaire 4y a

No(inated /o($any &nder and in a""ordan"e !ith the $roisions of this

A'ree(ent and the /on"ession A'ree(ent.



.1.2 The A&thority here4y a'rees to s&4stit&te the /on"essionaire 4y endorse(ent

on the /on"ession A'ree(ent in faor of the No(inated /o($any se%e"ted

4y the endersK Re$resentatie in a""ordan"e !ith this A'ree(ent. @or the

aoidan"e of do&4t, the Senior enders or the endersK



Re$resentatie sha%% not 4e entit%ed to o$erate and (aintain the +roBe"t as

/on"essionaire either indiid&a%%y or "o%%e"tie%y.

:<9 Substituti%n u!%n %ccurrence %) 6inancial De)ault

.2.1 L$on o""&rren"e of a @inan"ia% -efa&%t, the endersK Re$resentatie (ay iss&e a

noti"e to the /on"essionaire the Noti"e of @inan"ia% -efa&%t3) a%on' !ith

$arti"&%ars thereof, and send a "o$y to the A&thority for its infor(ation and

re"ord. A Noti"e of @inan"ia% -efa&%t &nder this /%a&se sha%% 4e "on"%&sie

eiden"e of s&"h @inan"ia% -efa&%t and it sha%% 4e 5na% and 4indin' &$on the

/on"essionaire for the $&r$oses of this A'ree(ent.

.2.2 L$on iss&e of a Noti"e of @inan"ia% -efa&%t here&nder, the endersK

Re$resentatie (ay, !itho&t $reB&di"e to any of its ri'hts or re(edies &nder

this A'ree(ent or the @inan"in' A'ree(ents, s&4stit&te the /on"essionaire 4y

a No(inated /o($any in a""ordan"e !ith the $roisions of this A'ree(ent.

.2. At any ti(e after the endersK Re$resentatie has iss&ed a Noti"e of @inan"ia%

-efa&%t, it (ay 4y noti"e re7&ire the A&thority to s&s$end a%% the ri'hts of the

/on"essionaire and &nderta>e the o$eration and (aintenan"e of the +roBe"t in

a""ordan"e !ith the $roisions of Arti"%e 0 of the /on"ession A'ree(ent, and

&$on re"ei$t of s&"h noti"e, the A&thority sha%% &nderta>e S&s$ension &nder and in

a""ordan"e !ith the $roisions of the /on"ession A'ree(ent. The aforesaid

S&s$ension sha%% 4e reo>ed &$on s&4stit&tion of the /on"essionaire 4y a

No(inated /o($any, and in the eent s&"h s&4stit&tion is not "o($%eted !ithin

10 one h&ndred and ei'hty) days fro( the date of s&"h S&s$ension, the

A&thority (ay ter(inate the /on"ession A'ree(ent forth!ith 4y iss&in' a

Ter(ination Noti"e in a""ordan"e !ith the $roisions of the /on"ession

A'ree(entJ $roided that &$on !ritten re7&est fro( the endersK Re$resentatie

and the /on"essionaire, the A&thority (ay e#tend the aforesaid $eriod of 10one h&ndred and ei'hty) days 4y a $eriod not e#"eedin' 0 ninety) days. @or

the aoidan"e of do&4t, the A&thority e#$ress%y a'rees and &nderta>es to

ter(inate the /on"ession A'ree(ent forth!ith, &$on re"ei$t of a !ritten re7&est

fro( the endersK Re$resentatie at any ti(e after 20 t!o h&ndred and forty)

days fro( the date of S&s$ension here&nder.

:<: Substituti%n u!%n %ccurrence %) C%ncessi%naire De)ault

..1 L$on o""&rren"e of a /on"essionaire -efa&%t, the A&thority sha%% 4y a noti"e

infor( the endersK Re$resentatie of its intention to iss&e a Ter(ination Noti"e

and 'rant 1 5fteen) daysK ti(e to the endersK Re$resentatie to (a>e a

re$resentation, statin' the intention to s&4stit&te the /on"essionaire 4y aNo(inated /o($any.

..2 In the eent that the endersK Re$resentatie (a>es a re$resentation to

theA&thority !ithin the $eriod of 1 5fteen) days s$e"ified in /%a&se ..1,

statin' that it intends to s&4stit&te the /on"essionaire 4y a No(inated /o($any,

the endersK Re$resentatie sha%% 4e entit%ed to &nderta>e and "o($%ete the

s&4stit&tion of the /on"essionaire 4y a No(inated /o($any in a""ordan"e !ith

the $roisions of this A'ree(ent !ithin a $eriod of 10 one h&ndred and ei'hty)

days fro( the date of s&"h re$resentation, and the A&thority sha%% either !ithho%d

Ter(ination or &nderta>e S&s$ension for the aforesaid $eriod of 10 one h&ndred

and ei'hty) daysJ $roided that &$on !ritten re7&est fro( the endersK

Re$resentatie and the /on"essionaire, the A&thority sha%% e#tend the aforesaid

$eriod of

10 one h&ndred and ei'hty) days 4y a $eriod not e#"eedin' 0 ninety) daysJ

$roided f&rther that the endersK Re$resentatie (ay at any ti(e !ithdra! its

re$resentation here&nder and &$on s&"h !ithdra!a%, the A&thority (ay ter(inate

this A'ree(ent in a""ordan"e !ith the $roisions hereof.



:<; Pr%ce*ure )%r substituti%n



..1 The A&thority and the /on"essionaire here4y a'ree that on or after the date of

Noti"e of @inan"ia% -efa&%t or the date of re$resentation to the A&thority &nder

/%a&se ..2, as the "ase (ay 4e, the endersK Re$resentatie (ay, !itho&t

$reB&di"e to any of the other ri'hts or re(edies of the Senior enders, inite,

ne'otiate and $ro"&re oers, either 4y $riate ne'otiations or $&4%i" a&"tion

or tenders for the ta>e oer and transfer of the +roBe"t in"%&din' the /on"ession to

the No(inated /o($any &$on s&"h No(inated /o($anyKs ass&($tion of the%ia4i%ities and o4%i'ations of the /on"essionaire to!ards the A&thority &nder the

/on"ession A'ree(ent and to!ards the Senior enders &nder the @inan"in'

A'ree(ents.

..2 To 4e e%i'i4%e for s&4stit&tion in $%a"e of the /on"essionaire, the

No(inated /o($any sha%% 4e re7&ired to f&%fi% the e%i'i4i%ity "riteria that !ere

%aid do!n 4y the A&thority for short%istin' the 4idders for a!ard of the

/on"essionJ $roided that the endersK Re$resentatie (ay re$resent to the

A&thority that a%% or any of s&"h "riteria (ay 4e !aied in the interest of the

+roBe"t, and if the A&thority deter(ines that s&"h !aier sha%% not hae any

(ateria% aderse effe"t on the +roBe"t, it (ay !aie a%% or any of s&"h e%i'i4i%ity"riteria.

.. L$on se%e"tion of a No(inated /o($any, the endersK Re$resentatie sha%%

re7&est the A&thority to= a) A""ede to transfer to the No(inated /o($any the

ri'ht to "onstr&"t, o$erate and (aintain

the +roBe"t in a""ordan"e !ith the $roisions of the /on"ession A'ree(entJ

4) Endorse and transfer the /on"ession to the No(inated /o($any, on the

sa(e ter(s and "onditions, for the resid&a% /on"ession +eriodJ and

") Enter into a S&4stit&tion A'ree(ent !ith the endersK Re$resentatieand the No(inated

/o($any on the sa(e ter(s as are "ontained in this A'ree(ent.

.. If the A&thority has any o4Be"tion to the transfer of /on"ession in faor of the

No(inated /o($any in a""ordan"e !ith this A'ree(ent, it sha%% !ithin 1

5fteen) days fro( the date of $ro$osa% (ade 4y the endersK Re$resentatie,

'ie a reasoned order after hearin' the endersK Re$resentatie. If no s&"h

o4Be"tion is raised 4y the A&thority, the No(inated /o($any sha%% 4e dee(ed to

hae 4een a""e$ted. The A&thority sha%% there&$on transfer and endorse the

/on"ession !ithin 1 5fteen) days of its a""e$tan"edee(ed a""e$tan"e of the

No(inated /o($anyJ $roided that in the eent of s&"h o4Be"tion 4y the

A&thority, the endersK Re$resentatie (ay $ro$ose another No(inated /o($any

!here&$on the $ro"ed&re set forth in this /%a&se . sha%% 4e fo%%o!ed for

s&4stit&tion of s&"h No(inated /o($any in $%a"e of the /on"essionaire.

.. The transfer of /on"ession here&nder to a No(inated /o($any (ay,

not!ithstandin' anythin' to the "ontrary in this A'ree(ent and the /on"ession

A'ree(ent, 4e &nderta>en 4y transfer of no %ess than

OQ seenty fie $er "ent) of the e7&ity of the /on"essionaire to the No(inated

/o($any, and &$on s&"h transfer here&nder, the /on"essionaire sha%% 4e

dee(ed to 4e the No(inated /o($any &nder and in a""ordan"e !ith the

$roisions of this A'ree(ent and the /on"ession A'ree(ent.

:<= Selecti%n t% be bin*in"

The de"ision of the endersK Re$resentatie and the A&thority in se%e"tion of the

No(inated /o($any sha%% 4e 5na% and 4indin' on the /on"essionaire. The

/on"essionaire irreo"a4%y a'rees and !aies any ri'ht to "ha%%en'e the

a"tions of the endersK Re$resentatie or the Senior enders or the



A&thority ta>en $&rs&ant to this A'ree(ent in"%&din' the transferassi'n(ent of

the /on"ession in faor of the No(inated /o($any. The /on"essionaire a'rees

and "on5r(s that it sha%% not hae any ri'ht to see> rea%&ation of assets of the

+roBe"t or the /on"essionaireKs shares. It is here4y a">no!%ed'ed 4y the +arties

that the ri'hts of the endersK Re$resentatie are irreo"a4%e and sha%% not 4e

"ontested in any $ro"eedin's 4efore any "o&rt or A&thority and the

/on"essionaire sha%% hae



no ri'ht or re(edy to $reent, o4str&"t or restrain the A&thority or the endersK

Re$resentatie fro( ee"tin' or "a&sin' the transfer 4y s&4stit&tion and

endorse(ent of the /on"ession as re7&ested 4y the endersK Re$resentatie.

; PROJECT A(REE'ENTS

;<. Substituti%n %) N%&inate* C%&!an$ in Pr%+ect A"ree&ents

The /on"essionaire sha%% ens&re and $ro"&re that ea"h +roBe"t A'ree(ent

"ontains $roisions that entit%e the No(inated /o($any to ste$ into s&"h +roBe"t

A'ree(ent, in its dis"retion, in $%a"e and s&4stit&tion of the /on"essionaire in the

eent of s&"h No(inated /o($anyKs ass&($tion of the %ia4i%ities and o4%i'ations

of the /on"essionaire &nder the /on"ession A'ree(ent.

= TER'INATION O6 CONCESSION A(REE'ENT

=<. Ter&inati%n u!%n %ccurrence %) 6inancial De)ault

At any ti(e after iss&e of a Noti"e of @inan"ia% -efa&%t, the endersK

Re$resentatie (ay 4y a noti"e in !ritin' re7&ire the A&thority to ter(inate the/on"ession A'ree(ent forth!ith, and &$on re"ei$t of s&"h noti"e, the A&thority

sha%% &nderta>e Ter(ination &nder and in a""ordan"e !ith the $roisions of Arti"%e

1 of the /on"ession A'ree(ent.

=<9 Ter&inati%n #en n% N%&inate* C%&!an$ is selecte*

In the eent that no No(inated /o($any a""e$ta4%e to the A&thority is se%e"ted

and re"o((ended 4y the endersK Re$resentatie !ithin the $eriod of 10

one h&ndred and ei'hty) days or any e#tension thereof as set forth in /%a&se

..2, the A&thority (ay ter(inate the /on"ession A'ree(ent forth!ith in

a""ordan"e !ith the $roisions thereof.

=<: Realiati%n %) Debt Due

The A&thority and the /on"essionaire here4y a">no!%ed'e and a'ree that, !itho&t

$reB&di"e to their any other ri'ht or re(edy, the endersK Re$resentatie is

entit%ed to re"eie fro( the /on"essionaire, !itho&t any f&rther referen"e to or

"onsent of the /on"essionaire, the -e4t -&e &$on Ter(ination of the /on"ession

A'ree(ent. @or rea%i;ation of the -e4t -&e, the endersK Re$resentatie sha%% 4e

entit%ed to (a>e its "%ai( fro( the Es"ro! A""o&nt in a""ordan"e !ith the

$roisions of the /on"ession A'ree(ent and the Es"ro! A'ree(ent.

> DURATION O6 THE A(REE'ENT

><. Durati%n %) te A"ree&ent

This A'ree(ent sha%% "o(e into for"e fro( the date hereof and sha%% e#$ire at the

ear%iest to o""&r of the fo%%o!in' eents=

a) Ter(ination of theA'ree(entJ or

4) No s&( re(ains to 4e adan"ed and no s&( are o&tstandin' to theSenior enders, &nder the

@inan"in'A'ree(ents.

@ INDE'NITY

@<. (eneral in*e&nit$

O.1.1 The /on"essionaire !i%% inde(nify, defend and ho%d the A&thority and the

endersK Re$resentatie har(%ess a'ainst any and a%% $ro"eedin's, a"tions and



third $arty "%ai(s for any %oss, da(a'e, "ost and e#$ense of !hateer >ind and

nat&re arisin' o&t of any 4rea"h 4y the /on"essionaire of any of its



o4%i'ations &nder this A'ree(ent or on a""o&nt of fai%&re of the/on"essionaire to "o($%y !ith

A$$%i"a4%e a!s and A$$%i"a4%e+er(its.

O.1.2 The A&thority !i%% inde(nify, defend and ho%d the /on"essionaire har(%ess

a'ainst any and a%% $ro"eedin's, a"tions and third $arty "%ai(s for any %oss,da(a'e, "ost and e#$ense arisin' o&t of fai%&re of the A&thority to f&%fi% any of

its o4%i'ations &nder this A'ree(ent, (ateria%%y and aderse%y ae"tin' the


or this A'ree(ent, other than any %oss, da(a'e, "ost and e#$ense, arisin' o&t of

a"ts done in dis"har'e of their %a!f&% f&n"tions 4y the A&thority, its oi"ers,

serants and a'ents.

O.1. The endersK Re$resentatie !i%% inde(nify, defend and ho%d the /on"essionaire

har(%ess a'ainst any and a%% $ro"eedin's, a"tions and third $arty "%ai(s for any

%oss, da(a'e, "ost and e#$ense arisin' o&t of fai%&re of the endersK

Re$resentatie to f&%fi% its o4%i'ations &nder this A'ree(ent, (ateria%%y and

aderse%y ae"tin' the $erfor(an"e of the /on"essionaireKs o4%i'ations &nder the

/on"ession A'ree(ent, other than any %oss, da(a'e, "ost and e#$ense, arisin'

o&t of a"ts done in dis"har'e of their %a!f&% f&n"tions 4y the endersK

Re$resentatie, its oi"ers, serants and a'ents.

@<9 N%tice an* c%ntest %) clai&s

In the eent that any +arty hereto re"eies a "%ai( fro( a third $arty in res$e"t of

!hi"h it is entit%ed to the 4ene5t of an inde(nity &nder /%a&se O.1 or in res$e"t of

!hi"h it is entit%ed to rei(4&rse(ent the Inde(nified +arty3), it sha%% notify the

other +arty res$onsi4%e for inde(nifyin' s&"h "%ai( here&nder the Inde(nifyin'

+arty3) !ithin 1 5fteen) days of re"ei$t of the "%ai( and sha%% not sett%e or$ay the "%ai( !itho&t the $rior a$$roa% of the Inde(nifyin' +arty, s&"h a$$roa%

not to 4e &nreasona4%y !ithhe%d or de%ayed. In the eent that the Inde(nifyin'

+arty !ishes to "ontest or dis$&te the "%ai(, it (ay "ond&"t the $ro"eedin's in

the na(e of the Inde(nified +arty and sha%% 4ear a%% "osts ino%ed in "ontestin'

the sa(e. The Inde(nified +arty sha%% $roide a%% "oo$eration and assistan"e in

"ontestin' any "%ai( and sha%% si'n a%% s&"h !ritin's and do"&(ents as the

Inde(nifyin' +arty (ay reasona4%y re7&ire.

DISPUTE RESOLUTION

<. Dis!ute res%luti%n

.1.1 Any dis$&te, differen"e or "%ai( arisin' o&t of or in "onne"tion !ith this

A'ree(ent !hi"h is not reso%ed a(i"a4%y sha%% 4e de"ided 4y referen"e to

ar4itration to a 6oard of Ar4itrators "o($risin' one no(inee ea"h of the

A&thority, /on"essionaire and the endersK Re$resentatie. S&"h ar4itration sha%%

4e he%d in a""ordan"e !ith the R&%es of Ar4itration of the Internationa% /entre for

A%ternatie -is$&te Reso%&tion, Ne! -e%hi the R&%es3) or s&"h other r&%es as (ay

4e (&t&a%%y a'reed 4y the +arties, and sha%% 4e s&4Be"t to $roisions of the

Ar4itration and /on"i%iation A"t, 1P.

.1.2 The Ar4itrators sha%% iss&e a reasoned a!ard and s&"h a!ard sha%% 4e 5na% and4indin' on the +arties.

The $%a"e of ar4itration sha%% 4e the "a$ita% of the State and the %an'&a'e of ar4itration sha%% 4e

En'%ish.

'ISCELLANEOUS PROVISIONS



<. (%vernin" la# an* +uris*icti%n


'oerned 4y the %a!s of India, and the "o&rts in the Ne! -e%hi sha%% hae

B&risdi"tion oer a%% (atters arisin' o&t of or re%atin' to this A'ree(ent.

<9 ,aiver %) s%verei"n i&&unit$



180

The A&thority &n"onditiona%%y and irreo"a4%y=

a) a'rees that the e#e"&tion, de%iery and $erfor(an"e 4y it of this

A'ree(ent "onstit&te "o((er"ia% a"ts done and $erfor(ed for "o((er"ia%

$&r$oseJ

4) a'rees that, sho&%d any $ro"eedin's 4e 4ro&'ht a'ainst it or its assets,

$ro$erty or reen&es in any B&risdi"tion in re%ation to this A'ree(ent or any

transa"tion "onte($%ated 4y this A'ree(ent, no i((&nity !hether 4y

reason of soerei'nty or other!ise) fro( s&"h $ro"eedin's sha%% 4e "%ai(ed

4y or on 4eha%f of the A&thority !ith res$e"t to its assetsJ

") !aies any ri'ht of i((&nity !hi"h it or its assets, $ro$erty or

reen&es no! has, (ay a"7&ire in the f&t&re or !hi"h (ay 4e attri4&ted to

it in any B&risdi"tionJ and

d) "onsents 'enera%%y in res$e"t of the enfor"e(ent of any B&d'(ent or

a!ard a'ainst it in any s&"h $ro"eedin's to the 'iin' of any re%ief or the

iss&e of any $ro"ess in any B&risdi"tion in "onne"tion !ith s&"h $ro"eedin'sin"%&din' the (a>in', enfor"e(ent or e#e"&tion a'ainst it or in res$e"t of

any assets, $ro$erty or reen&es !hatsoeer irres$e"tie of their &se or

intended &se of any order or B&d'(ent that (ay 4e (ade or 'ien in

"onne"tion there!ith).

. Pri%rit$ %) a"ree&ents

In the eent of any "on?i"t 4et!een the /on"ession A'ree(ent and this

A'ree(ent, the $roisions "ontained in the /on"ession A'ree(ent sha%% $reai%

oer this A'ree(ent.

<; Alterati%n %) ter&s

A%% additions, a(end(ents, (odifi"ations and ariations to this A'ree(ent

sha%% 4e effe"t&a% and 4indin' on%y if in !ritin' and si'ned 4y the d&%y a&thori;ed

re$resentaties of the +arties

<= ,aiver

..1 aier 4y any +arty of a defa&%t 4y another +arty in the o4seran"e and

$erfor(an"e of any $roision of or o4%i'ations &nder this A'ree(ent=



4) Sha%% not 4e ee"tie &n%ess it is in !ritin' and e#e"&ted 4y a d&%y

a&thori;ed re$resentatie of the +artyJ and

") Sha%% not affe"t the a%idity or enfor"ea4i%ity of this A'ree(ent in any(anner.

..2 Neither the fai%&re 4y either +arty to insist on any o""asion &$on the

$erfor(an"e of the ter(s, "onditions and $roisions of this A'ree(ent or any

o4%i'ation there&nder nor ti(e or other ind&%'en"e 'ranted 4y a +arty to

another +arty sha%% 4e treated or dee(ed as !aier of s&"h 4rea"h or a""e$tan"e

of any ariation or the re%in7&ish(ent of any s&"h ri'ht here&nder.

.P N% tir* !art$ beneciaries



181

This A'ree(ent is so%e%y for the 4ene5t of the +arties and no other $erson or

entity sha%% hae any ri'hts here&nder.

<@ Survival

<@<. Ter&inati%n %) tis A"ree&ent3



a) Sha%% not re%iee the +arties of any o4%i'ations here&nder !hi"h e#$ress%y or 4y

i($%i"ation s&rie ter(ination hereofJ and


%i(itin' the %ia4i%ity of either +arty, sha%% not re%iee either +arty of any

o4%i'ations or %ia4i%ities for %oss or da(a'e to the other +arty arisin' o&t of or

"a&sed 4y a"ts or o(issions of s&"h +arty $rior to the ee"tieness of s&"hter(ination or arisin' o&t of s&"h ter(ination.

.O.2 A%% o4%i'ations s&riin' the "an"e%%ation, e#$iration or ter(ination of this

A'ree(ent sha%% on%y s&rie for a $eriod of three) years fo%%o!in' the date of

s&"h ter(ination or e#$iry of this A'ree(ent.

< Severabilit$

If for any reason !hateer any $roision of this A'ree(ent is or 4e"o(es ina%id,

i%%e'a% or &nenfor"ea4%e or is de"%ared 4y any "o&rt of "o($etent B&risdi"tion or

any other instr&(enta%ity to 4e ina%id, i%%e'a% or &nenfor"ea4%e, the a%idity,

%e'a%ity or enfor"ea4i%ity of the re(ainin' $roisions sha%% not 4e ae"ted in any

(anner, and the +arties !i%% ne'otiate in 'ood faith !ith a ie! to a'reein' to one

or (ore $roisions !hi"h (ay 4e s&4stit&ted for s&"h ina%id, &nenfor"ea4%e or

i%%e'a% $roisions, as near%y as is $ra"ti"a4%e to s&"h ina%id, i%%e'a% or

&nenfor"ea4%e $roision. @ai%&re to a'ree &$on any s&"h $roisions sha%% not 4e

s&4Be"t to dis$&te reso%&tion &nder /%a&se of this A'ree(ent or other!ise.

< Success%rs an* assi"ns

This A'ree(ent sha%% 4e 4indin' on and sha%% in&re to the 4ene5t of the +arties

and their res$e"tie s&""essors and $er(itted assi'ns.

<.0 N%tices

A%% noti"es or other "o((&ni"ations to 4e 'ien or (ade &nder this A'ree(ent

sha%% 4e in !ritin', sha%% either 4e de%iered $ersona%%y or sent 4y "o&rier or

re'istered $ost !ith an additiona% "o$y to 4e sent 4y fa"si(i%e or e<(ai%. The

address for seri"e of ea"h +arty, its fa"si(i%e n&(4er and e<(ai% address are set

o&t &nder its na(e on the si'nin' $a'es hereto. A noti"e sha%% 4e ee"tie &$on

a"t&a% re"ei$t thereof, sae that !here it is re"eied after .0 fie thirty) $.(.

on any day, or on a day that is a $&4%i" ho%iday, the noti"e sha%% 4e dee(ed to 4e

re"eied on the 5rst !or>in' day fo%%o!in' the date of a"t&a% re"ei$t. itho&t

$reB&di"e to the fore'oin', a +arty 'iin' or (a>in' a noti"e or "o((&ni"ation 4y

fa"si(i%e or e<(ai% sha%% $ro($t%y de%ier a "o$y thereof $ersona%%y, or send it 4y

"o&rier or re'istered $ost to the addressee of s&"h noti"e or "o((&ni"ation. It ishere4y a'reed and a">no!%ed'ed that any +arty (ay 4y noti"e "han'e the

address to !hi"h s&"h noti"es and "o((&ni"ations to it are to 4e de%iered or

(ai%ed. S&"h "han'e sha%% 4e ee"tie !hen a%% the +arties hae noti"e of it.

<.. Lan"ua"e

A%% noti"es, "erti5"ates, "orres$onden"e and $ro"eedin's &nder or in "onne"tion

!ith this A'ree(ent sha%% 4e in En'%ish.

<.9 Aut%rie* re!resentatives

Ea"h of the +arties sha%% 4y noti"e in !ritin' desi'nate their res$e"tie a&thori;ed

re$resentaties thro&'h !ho( on%y a%% "o((&ni"ations sha%% 4e (ade. A +arty

hereto sha%% 4e entit%ed to re(oe andor s&4stit&te or (a>e fresh a$$oint(ent of

s&"h a&thori;ed re$resentatie 4y si(i%ar noti"e.



<.: Ori"inal D%cu&ent



This A'ree(ent (ay 4e e#e"&ted in three "o&nter$arts, ea"h of !hi"h !hen

e#e"&ted and de%iered sha%% "onstit&te an ori'ina% of this A'ree(ent.

IN ,ITNESS ,HEREO6 THE PARTIES HAVE EECUTED AND DELIVERED THIS

A(REE'ENT AS O6 THE DATE 6IRST ABOVE ,RITTEN

THE /*MM*NSEA *@/*N/ESSI*NAIRE has 4een ai#ed$&rs&ant to the reso%&tion $assed 4y the6oard of -ire"tors of the /on"essionaire atits (eetin' he%d on the…………..day of the………….20………..here &nto ai#ed in tothe $resen"e of………………the -ire"tor,!ho has si'ned these $resentsin to>en thereof,…………………………/o($any Se"retaryA&thori;ed *V"er !ho has"o&ntersi'ned the sa(e in to>en

thereof `.

SIGNE-,SEAE- AN--EICERE-@or and 4eha%f of THE ALTH*RITZ 4y=

Si'nat&re)Na(e)

-esi'nation)Address)@a# No.) e<(ai%address)

Si'nat&re)Na(e)

-esi'nation)Address)@a# No.) e<(ai% address)

SI(NED- SEALED AND DELIVERED

2.

@or and on 4eha%f of

SENIOR LENDERS 4y

endersK

Si'nat&re)

Na(e)

-esi'nation)

Address)

@a# No.)

E<(ai% address)

In the $resen"e of= 1.



` To 4e aV#ed in a""ordan"e !ith the arti"%es of asso"iation of the /on"essionaire and the reso%&tion $assed 4y its 6oard of-ire"tors

Documents

HYBRID ANNUITY MCA.docx