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SPARTA KAKOREMA - CONTRACT

SPARTA KAKOREMA PROJECT (VIOTIA, GREECE) CONTRACT

This Contract is executed in Athens, on [•] 2017 (the “Effective Date”).

Between

1) ANEMOPETRA S.A., a company duly incorporated under the laws of Greece, having its registered office at 54, Asterousion Str, 71305 Heraklion, Crete, Greece, General Commercial Registry No. 77772927000, whose tax registration No. is 998864370 DOY Heraklion, represented by the Vice-Chairwoman of the Board of Directors Mrs Athena Gavopoulou by virtue of the resolution of the Board of Directors dated as of [•].

Hereinafter “Employer"

For one part

2) KTISTOR S.A., a company duly incorporated under the laws of Greece, having its registered office in Heraklion, Crete, 125 Minoos Avenue, whose tax registration No. is 094316264 DOY Heraklion, represented by Mr. Tsikalakis Georgios, acting as Managing Director

Hereinafter “Contractor"

For the other part

Together “the Parties”

This Contract is composed of the documents enumerated as below. Should there be any discrepancy or inconsistency between the documents which constitute the Contract the following order of priority shall apply:

1) Preamble

2) General Provisions

3) Contract Terms

4) Annex A “Contractor Works”

5) Annex B “Design and Specifications”

6) Annex C “Insurances and guarantees”

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7) Annex D “Detail Programme”

8) Annex E “Direct Agreement”

9) Annex F “Progress Report Format”

10) Annex G “Employer’s Permits”

1. PREAMBLE

(i) Sparta Kakorema project (“the Plant” or “Wind Farm”) is a wind farm to be fully erected, commissioned and operational, consisting of total two (2) Vestas wind generators, 2xV117-3.3/3.45MW BWC with 6,9MW total installed capacity and 6,6 MW maximum output capacity and various works, interconnection line, foundations, roads on the site of Sparta Kakorema (“the Site”) at Viotia in Greece and procurement and connection of a IPPM panel in the existing 150/20kV Substation at the position “Koronia”, Viotia (“the Substation”), Greece.

(ii) ANEMOPETRA S.A. has entered into a Supply and Installation Agreement with Vestas Hellas Wind Technology S.A. (respectively “the TSA” and “the Other Contractor”) for the design, supply, installation and the commissioning of the WTGs (“Excluded Works”) on the Site,

(iii) Employer is willing to entrust the Balance of Plant Works and Grid Connection Works of the Plant, to the Contractor (together “the Contractor Works”), on the basis of a turnkey structure contract (“the Contract”) to KTISTOR.

Both Parties, in order to carry out the so called Contractor Works have decided to enter into this Contract, in due consideration of the capacity and skills of Contractor.

2. GENERAL PROVISIONS

2.1 Law and dispute

This Contract shall be governed by and interpreted in accordance with Greek Law.

The Parties will attempt to resolve any of the issues or disputes that may arise there from by mutual agreement.

Within three (3) Business Days following the date of delivery of a written request by either Party, each Party shall appoint as its representative a senior officer.

Such senior officers shall meet, negotiate and attempt in good faith to resolve the dispute quickly, informally and inexpensively within ten (10) Business Days of receipt of such notice, attended by representatives of the Parties with decision-making authority regarding the dispute, to attempt in good faith to negotiate a resolution of the dispute.

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To this end a maximum period of thirty (30) Business Days is allowed, taken from the day of receipt of notice from the other Party of the existence of a dispute.

Should an agreement not have been reached within the period established above for the resolution of any dispute arising from the interpretation or execution of this Contract, the Parties expressly agree that any dispute, lawsuit, disagreement or claim arising out of the execution or interpretation of this Contract, directly or indirectly related to the execution or interpretation of this Contract, shall ultimately be settled under the Arbitration Rules of the ICC by three (3) arbitrators.

The arbitrators shall be appointed in accordance with the Arbitration Rules of the ICC. The arbitrators may not award non-monetary, injunctive or other equitable relief of any sort, however such relief shall be available to the Parties where appropriate from a court of competent jurisdiction. The arbitrators shall have no power to award (i) damages inconsistent with the terms of the Contract, or (ii) punitive damages or any other damages not measured by the prevailing Party’s actual damages. All aspects of the arbitration shall be treated as confidential. With the exception of banks involved in the financing of the Wind Plant, to which disclosure under this sub-paragraph is allowed under the condition that they will comply with the confidentiality obligations hereunder as if they were a Party to this Agreement, neither the Parties nor any arbitrator may disclose the content or results of the arbitration, except as necessary to comply with legal, audit or regulatory requirements. Before making any such disclosure, a Party shall give written notice to the other Party and shall afford such Party a reasonable opportunity to protect its interests. The arbitration proceedings provided in this Contract are hereby declared to be self-executing, and it shall not be necessary to petition a court to compel arbitration. The award of the arbitrators shall be binding and any enforcement of the award rendered by the arbitrators may be claimed in any court of competent jurisdiction.

The Language of the Arbitration shall be English. The applicable Law shall be the Greek law and the place of arbitration shall be Athens.

The Parties undertake to be bound by the Arbitral Award.

2.2 Confidentiality

The Parties shall not disclose to any third party any confidential information concerning the commercial activities, finances, technology and the processes which have been disclosed to the other Party for the purposes of this Contract without the express written consent of the other Party, which may not be unreasonably withheld. However, this clause shall not apply to information already known by one of the Parties prior to its disclosure by the other Party and which is or becomes public without any fault by the Party which wishes to disclose it.Independent Engineer and banks and their advisors involved in the financing of the Wind Farm shall not be considered third parties with respect to this Sub-Clause.

2.3 Language of the Contract

The Language of the Contract shall be English. All contractual documents, as well as other documents required under the Contract and any communications further to the Contract, shall be in English.

2.4 Currency of the Contract

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The Contract Currency shall be the Euro.

2.5 Force Majeure

2.5.1 Definition of Force Majeure

In the Contract, "Force Majeure" means an event which is not reasonably foreseeable or could not be reasonably avoided or overcome, is beyond the control of Employer and Contractor, and which makes it impossible or unlawful for a Party to perform its obligations under the Contract, notably but not limited to:

(a) natural disasters;

(b) war, hostilities (whether war be declared or not), invasions, mobilizations, requisitions, or embargoes;

(c) rebellions, revolutions, insurrections, or civil war, acts of terrorism;

(d) contamination by radio-activity from any nuclear fuel, any nuclear waste, radio-active toxic explosion, or other unknown properties of any nuclear assembly or one of the nuclear components of such assembly;

(e) riot or agitation or vandalism unless attributable to the employees of Contractor or of its Subcontractor;

(f) strikes in the industries and activities directly related to the purpose of the Contract, except for strikes affecting only Contractor or its Subcontractors.

Contractor shall not be entitled to claim Force Majeure, in case of adverse weather conditions which could prevent or delay the execution or repair of the Contractor Works, but which are in compliance with the Good Wind Industry Practice which has the meaning as defined in the TSA.

2.5.2 Effect of Force Majeure Event

Neither Employer nor Contractor shall be deemed in default or in breach of this Contract where performance of their obligations hereunder is prevented by an event of Force Majeure which occurs after the Commencement Date. Each Party shall at all times use reasonable endeavours to minimise any delay in the performance of the Contract as a result of Force Majeure.

2.5.3 Contractor's Obligation

Upon occurrence of an event considered by Contractor to constitute Force Majeure and which may affect the performance of his obligations, it shall promptly notify Employer’s Representative, and shall endeavor to continue to perform its obligations under the Contract.

Contractor shall also notify Employer's Representative of any alternative proposals for the performance of its obligations. Contractor shall not implement such proposals without the consent of Employer’s Representative.

2.5.4 Employer’s Obligation

Upon occurrence of an event considered by Employer to constitute Force Majeure which may affect performance of his obligations, it shall notify Contractor as soon as possible, and shall endeavor to continue to perform his obligations.

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Employer shall also notify Contractor of any alternative proposals, with the objective of completing the Contractor Works.

2.5.5 Termination

Irrespective of any extension of time, if a Force Majeure event occurs and if its effect continues for a period longer than 180 Days, each of Employer and Contractor may notify the termination hereof subject to 30 Days' notice. If, at the end of the 30-day period, the effect of the Force Majeure continues, the Contract shall be terminated. If the Contract is terminated under this Clause during the construction of the Wind Farm, Employer's Representative shall determine:

(1.1.i.a) the amounts of executed Contractor Works not yet paid to Contractor by Employer,

(1.1.i.b) any reasonable cost for the removal of the Temporary Works and Temporary Equipment;

In order to enable Employer’s Representative to determine such amounts and costs, Contractor shall deliver to him, at first request, any necessary supporting document.

After termination under Article 2.5.5, Employer shall return the Performance Bond and excluding deductions to which the Employer is entitled under the Contract shall remain liable to Contractor for paying the costs identified in § (a) and (b)):

Employer’s Representative shall prepare a statement of amounts due pursuant to the foregoing provisions, less any amounts due and owing by the Contractor to the Employer under this Agreement.

The statement of amounts outstanding shall be sent to Contractor which shall send any remarks to Employer’s Representative within 30 Days. Failure to send remarks within such 30-Day period shall be deemed consent to the statement of amounts due prepared by the Employer’s Representative. In the event Contractor disputes the statement of Employer’s Representative within 30 Days, and the Parties fail to reach an amicable settlement, the dispute shall be settled in accordance with the provisions of Article 2.1.

2.6 Insurances

2.6.1 Insurances for the performance of Contractor Works

The insurances to be subscribed by the Contractor in connection with the Contract should cover:

- Liability Insurance- Construction All risk Insurance for Contractor Works

2.6.2 Contractor’s Third-Party Liability

During the Contract Period, Contractor shall take out (or maintain in force existing insurance contract) third party liability insurance to cover against any pecuniary consequences of bodily injury, damage to property (consequential or not) caused to a third party (including by act of its subcontractors), including Employer and Employer’s employees, for an amount which shall not be less than:

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(i) Five million Euros for each loss up and until the issuance of the Substantial Completion Certificate and

(ii).Two million five hundred thousand Euros for each loss from Substantial Completion until the end of Defect Notification Period.

The policy shall be entered into force from commencement of the works or the mobilization on site, whatever occurs first, and shall be valid up to the end of Defects Notification Period. The Employer shall be mentioned as co-insured and, cross liability extension will apply

2.6.3 Contractor’s Liability for Contractor’s Personnel

During the Contract Period Contractor shall take out and maintain insurance against any losses and claims arising from the death or bodily injury of any person employed by Contractor or by any Subcontractor with the applicable Laws. For Subcontractor's employees, such insurance may be subscribed by Subcontractors, but Contractor shall be responsible for ensuring compliance by such Subcontractors with this clause.

2.6.4 Employer’s Liability

During the Contract Period Employer shall take out and maintain employer’s liability insurance with a minimum €1,500,000 single policy limit for bodily injury

2.6.5 Construction All risk Insurance

Contractor shall maintain or cause to be maintained an erection all risk insurance (hereinafter “Contractor CAR”) covering the Contractor Works and Anchor Cages.

The Contractor CAR shall be in force from commencement of the works or the mobilization on site, whatever occurs first, and until, with relation to the Plant, such part of the Plant is taken over under a WTG Take Over or the SCADA Take Over, and until Final Completion Certificate.

The Contractor CAR shall cover the Contractor Works to their full replacement value, including cost of demolition, removal of debris and professional fees.

Employer, the bank(s) involved in the financing of the Plant, Vestas Hellas Wind Technology S.A. and third parties shall be co-insured on the Contractor CAR.

2.6.6 General Requirements

Copies of the insurance contracts that have been undertaken and proof of payment of the relevant premiums are attached in Annex C.

Any indemnity or payment received from the Insurers for loss or damage shall be applied to the reparation of such loss or damage.

2.7 Independent Engineer

In the cases contemplated in this Contract, any of the Parties may submit the discrepancy to determination by the Independent Engineer in accordance with this Article 2.7.

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The Independent Engineer shall determine within fifteen (15) Business Days of such submission. The Party against whom the Independent Engineer determines shall bear the cost of the Independent Engineer. The disputing Party shall deliver to the Independent Engineer and to the other Party a written notice stating (1) the general nature of the discrepancy, (2) the amount and extent of such discrepancy, and (3) supporting data for such discrepancy.

The opposing Party shall submit a written response to the disputing Party and the Independent Engineer within five (5) Business Days, after receipt of the disputing Party’s last submittal.

Each Party’s submissions shall be in the form of written statements by such Party, and each Party shall have the opportunity to respond to written statements of the other Party and any requests for statements or information by the Independent Engineer; provided, however, that all such submissions shall be made within five (5) Business Days of receipt of the initial notice to the Independent Engineer.

The decision of the Independent Engineer shall be notified in writing to the Parties.

Either of the Parties may submit such decision to the dispute resolution mechanism described in Article 2.1.

2.8 Lenders’ Technical AdvisorUpon request of the Employer the Contractor shall ensure that the Technical Advisor designated by the bank involved in the financing of the Project will have full access to any data concerning the Contractor Works and their progress. To this purpose the Parties agree that the Technical Advisor of the bank may attend the construction progress meetings organized by the Parties and the tests conducted under this Agreement.

2.9 Non-Assignable – Non-Transferable

Neither Party may assign, transmit, contribute, or otherwise transfer its rights and obligations arising from this Contract in whole or in part without the prior express agreement of the other Party, except by way of succession.Notwithstanding the foregoing, Employer may assign the Contract or any rights thereunder to the banks involved in the financing of the Wind Farm or to any party designated by such banks.

Similarly, Contractor may assign the Contract or any rights thereunder to the banks involved in the financing of the Contractor Works.

2.10 Direct Agreement

Upon the request of Employer, Contractor shall execute and deliver to Employer a Direct Agreement between Contractor, Employer and the bank involved in the financing of the Wind Farm substantially in the form set out in Annex E.

2.11 Entire UnderstandingThe Contract contains the entire understanding of the Parties relating to the matters contained herein. It cancels and replaces any prior agreement between the Parties relating to the same matters

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2.12 Severability – No Waiver

The nullity of any provision of the Contract shall not affect the validity of the other provisions, which shall continue to bind the Parties.The partial or total failure to exercise any of the rights, remedies, or actions arising from the Contract shall not be deemed a waiver of such right, remedy or action for the future or of any other right arising from the Contract.

2.13 Risks - Title

Except in the event of force majeure as provided by in Article 2.5, any and all risks shall be assumed by Contractor from the Commencement Date up until the date of issue of the Final Completion Certificate.

Ownership of the Contractor Works (including Equipment, free and clear from all liens), shall be transferred to Employer on the Substantial Completion Certificate.

The transfer of ownership to Employer shall not operate as release or discharge of Contractor from its obligations under the Contract for which it shall remain liable until the end of the Defect Notification Period.

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3. CONTRACT TERMS

3.0 Definitions

“Acceptable Bank” means any of the following banks: the National Bank of Greece, Eurobank Ergasias S.A., Piraeus Bank and Alpha Bank.

“Business Day” means any Day other than Saturdays, Sundays and bank holidays in Greece.

"Commencement Date" means the date on which Contractor shall start the Contractor Works. Except in a case of Force Majeure, the Commencement Date shall be notified by Employer to Contractor with a copy to the bank involved in the financing no later than 10 Days after the date upon which all the conditions set forth in Clause 3.21.1 have been met.

"Commissioning" means the various operations, tests and procedures implemented by Contractor so that it is confirmed on part of the Contractor that the Contractor Works are ready to be connected to the various networks and in particular, to the electricity grid; for the occurrence of Commissioning, the Contractor shall issue a respective Commissioning Notice.

“Commissioning Notice” means the notice issued by the Contractor, by which it shall notify the Employer of Commissioning occurrence.

“Contractor” means KTISTOR SA.

“Contractor’s Representative” means the person having authority to represent Contractor for the purpose of performance of the Contract. Such person shall be notified by Contractor no later than upon the Commencement Date.

“Contractor Works” (or "BOP Works") means all the civil works, electrical works, grid connection works to be performed by the Contractor in connection with the erection, the realization and interconnection of the Wind Farm to the Substation, as described in Annex A. Contractor Works include Temporary Works and Permanent Works undertaken by the Employer under the Interconnection Agreement and the TSA except Excluded Works.

"Contract Period" means the period which starts on the Commencement Date and expires at the end of the Defect Notification Period

“Construction Manager” means the physical person or legal entity, designated by Employer, to control the due Completion of the Contractor Works and supervise the interface with ADMIE under the Interconnection Agreement and the interfaces between Contractor Works and Excluded Works.

“Day” means a calendar day.

"Defect Notification Period" means the 730-Days period commencing on the date of the Substantial Completion Certificate during which Contractor shall carry out all works and interventions required to remedy any disorders or defects of the Contractor Works.

“Detailed Design and Structural Studies” means the design and calculations studies that are parts of the Contractor Works and carried out by several legally authorised designers other than the Contractor and are listed as Annex B.1.1.

“Detailed Design of Contractor” means the design and calculation studies that are part of the Contactor Works and carried out by the Contractor and are listed and attached as Annex B.1.2

“Effective Date" means the date on which the Contract takes legal effect.

"Electrification" means the commencement of the trial operation of the Plant, as the commencement date of the trial operation will be certified by IPTO.

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"Employer’s Representative" means the physical person or legal entity having authority to represent Employer for the purpose of performance of the Contract. Such person shall be notified by Employer no later than upon the Commencement Date.

"Equipment" or "Materials" means, as appropriate, all necessary materials, supplies, equipment, machines, engines, materials, appliances, tools including the supervision and remote surveillance systems described in the Annexes, related items and parts of all kinds, to be provided, implemented, installed and tested by Contractor and which form an integral part of the Contractor Works and any materials or parts, including wear parts and consumable parts required for the Operation and Maintenance. All Equipment and Material intended to form an integral part of the Wind Farm shall be brand new and unused.

“Excluded Works” means the design, manufacturing, supply, delivery and commissioning of the WTGs in accordance with the TSA at the Site, as well as the supply and delivery at the Site of the SCADA System described in the TSA and the works to be performed by ADMIE pursuant to the Interconnection Agreement

"Final Completion Certificate" means the Certificate signed by Employer and countersigned by Contractor to certify Final Completion.

“Final Completion” means the successful completion of Outstanding Works within the Punch List Clearance Period that will occur upon signing of the Final Completion Certificate.

“Independent Engineer” means one of the following persons, designated by mutual agreement of the Parties or, in the absence of such agreement, by drawing lots: Bureau Veritas or DNV – GL.

“IPTO” or “ADMIE” means the Greek Independent Power Transmission Operator.

“Interconnection Agreement” means the Interconnection Agreement under no 004/2017 dated as of 30/01/2017 entered between the Employer and IPTO for the connection of the Plant to the system, attached hereto as Annex B.2.2

“Key Dates” means the dates mentioned in Article 3.8.1, which are some critical events identified in the critical path of the Performance Schedule.

“On Site Start of Construction” means the date on which Contractor shall start the Contractor Works at Site no earlier than 20 October 2017

“Other Contractor(s)” shall mean Vestas Hellas Wind Technology S.A and ADMIE, as each time applicable.

“Outstanding Works” means minor defects or minor pending works described in the Punch List attached to the Substantial Completion Certificate, which do not affect the Plant’s safety, operability, reliability and efficiency and cannot hinder the issuance of the Substantial Completion Certificate. .

“Plant” or “Wind Farm” means the wind farm which is to be fully erected, commissioned and operational, consisting of total two (2) WTGs Vestas (2xV117-3.3/3.45MW BWC) with 6,9MW total installed capacity and 6,6 MW maximum output capacity and various works, foundations and roads. The combination of Contractor Works and Excluded Works shall lead to the due completion of the Wind Farm, capable of operating satisfactorily for its design life, i.e., a minimum of 20 years.

"Performance Schedule" means the planning drawn up by Contractor and Employer, specifying notably the order and time limits for performance of the Contractor Works and the Excluded Works as well as the Key Dates. The Performance Schedule shall be drawn up in such a manner as to ensure that all work is duly performed and the Substantial Completion Certificate issued within the Time for Completion.

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“Permanent Works” means the permanent works to be executed by the Contractor under the Contract.

“Punch List” means the list with the Outstanding Works to be performed by the Contractor.

“Punch List Clearance Period” means the time period of two (2) months starting from the issuance of the Substantial Completion Certificate, within which the Contractor shall execute all Outstanding Works.

“TSA” or “Supply and Installation Agreement” means the contract entered into by and between Employer and Vestas Hellas Wind Technology S.A. for the turnkey design, manufacturing, supply, installation and commissioning of two (2) WTGs Vestas (2xV117-3.3/3.45MW BWC). Contractor has been given a copy of the TSA and is fully informed and satisfied with all its terms and conditions.

“Site” means the site on which the Plant shall be constructed and operated, comprising a plot of land defined in Annex B.1.1 and in Annex G, located in Sparta Kakorema, Viotia, Greece, and any other place that may be designated in the Contract as forming part of the Site, including the site of the Substation and storage areas.

“Substantial Completion” means the fulfilment of the below two conditions: (a) all Contractor Works have been executed in compliance with this Agreement and (b) the Contractor has successfully passed the Substantial Completion Tests.

"Substantial Completion Certificate" means the certificate drawn up and signed by Employer and countersigned by Contractor, after the Contractor Works have successfully passed the Substantial Completion Tests.

"Substantial Completion Tests" means the completion tests and any further tests agreed by Employer’s Representative and Contractor pursuant to the Contract. Such tests shall be conducted after Commissioning and prior to the issuing of the Substantial Completion Certificate, and as described in clause 3.8.2 of the Contract.

Substation” means the existing Substation “Koronia” to which the Plant shall be connected, which is a 20/150kV Substation located in the region of Viotia;

“Technical Specifications” means the documents set forth in Annex B.2 setting forth the specifications of the Contractor Works and the requirements with which they shall comply.

“Temporary Equipment” means all machinery, appliances, materials, supplies, equipment, tools, scaffoldings, formwork (wood), building site sheds, roadways, and temporary grids provided by Contractor and required for the performance, installation, and the due completion of the Contractor Works, for the turnkey completion of the Wind Farm and the Substation, but which are not intended finally to form an integral part of the Wind Farm.

“Temporary Work” means the temporary work of every kind (other than the Temporary Equipment) required for the completion of the Contractor Works.

"Time for Completion" means the time specified in Article 3.8 beginning from the Commencement Date and during which Contractor shall construct and complete the Contractor Works and pass the Substantial Completion Tests so that the Substantial Completion Certificate may be issued no later than upon expiry of the Time for Completion.

“Warranty” means all obligations and liabilities of Contractor from the date of the Substantial Completion Certificate, in compliance with the Contract, in particular in Article 3.21.

"WTG" means wind turbine generator as a whole and include all the components necessary for it to operate.

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3.1 General Purpose

Employer entrusts Contractor who agrees upon, with the “turnkey” construction and full completion of the Contractor Works subject to the terms and conditions of the Contract as more specifically described in this Article 3 and Annexes herein.

In particular, Contractor shall:

- perform the Contractor Works described in this Article 3 and Annex A in compliance with Detailed Design and Structural Studies and Detailed Design of Contractor;

- perform the Contractors Works in compliance with Health and Safety regulations as required by Greek Law;

- Guarantee the Contractor Works including Equipment and Materials for a period of two (2) years, counting from the date of Substantial Completion.

3.2 Contractor Works

The scope of Contractor Works (Annex A) includes all the designs, civil works, electrical works, grid connection works and all services necessary for the due completion and interconnection of the Plant to the Substation, when combining Contractor Works and Excluded Works, including but not limited to:

1. The specification, manufacture, supply, delivery, setting out, construction, installation, supervision, due completion, commissioning, testing, under a turnkey structure contract.

2. The provision of all labour and other personnel, including supervision.

3. a) Detailed Design and Structural Studies: Contractor shall implement, perform and carry out the Contractor Works according to the Detailed Design and Structural Studies under its own responsibility and as provided for in this Agreement. The Contractor shall verify compliance of the Detailed Design and Structural Studies with applicable legislation, norms, standards and regulations, Employer’s Permits, Technical Specifications and the guidelines issued by the competent authorities and shall refrain from implementing the Detailed Design and Structural Studies in case of non-compliance thereof with the above. In this context, the Contractor undertakes the obligation to (a) coordinate the interface between the Contractor, the designers of the Detailed Design and Structural Studies, the Employer and the Other Contractor(s), (b) provide, where necessary, the Other Contractors with the Detailed Design and Structural Studies for their review and suggestions for any necessary amendments or revisions and (c) coordinate with the other designers any necessary amendments or revisions following consultation with the Other Contractor(s) and the technical advisor of the bank involved in the financing of the Project. The Contractor explicitly endorses the Detailed Design and Structural Studies it implements.

b) Detailed Design of Contractor: Contractor shall implement, perform and carry out the Detailed Design of Contractor under its own responsibility and as provided for in this Agreement. In this context the Contractor shall, where necessary, provide the Other Contractors with the Detailed Design of Contractor for their review and suggestions for any necessary amendments or revisionsand proceed with any amendments or revisions of the Detailed Design of Contractor necessary according to the suggestions of the Other Contractors and the Employer following consultation with the technical advisor of the banks involved in the financing of the Project. Contractor warrants compliance of the Detailed Design of Contractor with applicable legislation, norms, standards and regulations, Employer’s Permits, Technical Specifications and the guidelines issued by the competent authorities.

4. Compliance with the Technical Specifications and the terms and conditions of all agreements and licenses associated with the Site and provided in Annex B.2 and Annex G

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including the Installation License, the Power Purchase Agreement and the Grid Connection Agreement, in so far as they are related to the Contractor Works.

5. Compliance with the Approval of Environmental Terms and the Environmental Statement (Annex G) as submitted to the Building Permission Authorities in support of the Building Permission Application.

6. Compliance with the Conditions of the Building Permission (Annex G) insofar as they relate to the Contractor Works.

7. Removal from the Site of all Temporary Works and Equipment supplied by the Contractor on completion of the Contractor Works as more specifically described in the Contract.

8. Provision of all information necessary to complete any items of the design and for the execution of any works which are not part of the Contractor scope of supply, for the due completion of the Contractor Works.

9. Compliance with all Health and Safety legislation requirements applicable under the applicable Law to the construction of the Wind Farm at the Site, including the requirements of the Health and Safety coordination on Site, with Other Contractor and Employer.

10. Obtain the authorizations, certificates, permits, licenses etc. required by the applicable Laws for the performance of its obligations under the Contract regarding the performance and the completion of the Contractor Works, in particular, in regards to Contractor’s personnel and its Subcontractors’ personnel, import licenses, transportation authorizations, customs, etc. Contractor shall make all notifications requested for that purpose and pay all relevant fees.

11. Remedy defects during the Defects Notification Period by repair or replacement.

12. Storage and safeguarding of Material and Equipment, Temporary Equipment and other surplus materials required for Contractor Works until Final Completion Certificate is issued.

13. Waste management and disposal to the extent that waste is generated by Contractor Works, irrespective if such works may be executed by the Contractor or such works have to be assigned to a qualified and licensed to this purpose third person,

To this effect the Contractor acknowledges all Employer’s responsibilities and obligations under the TSA and the Interconnection Agreement and undertakes to perform the Contractor Works in a manner so as to ensure Employer’s compliance with the above obligations. In order to enable the Contractor to comply with its obligations hereunder the Employer undertakes to notify to the Contractor all relevant notifications it receives from Vestas and ADMIE.

3.3 Extent of supply / services and Works

The extent of supply of the Permanent Works and services shall include the following inclusive of all incidentals in connection therewith, but not limited to:

1. Enabling works with implementation of the Site Compound as defined in Annex A

2. 2 x WTG foundations, material supply and installation, in accordance with turbine loadings, climatic and ground conditions, as specified in Annex B.2

3. In relation to the Anchor Cages, Contractor must:

(i) unload the Anchor Cage Components brought to the Site by the Other Contractor.(ii) assemble each set of Anchor Cage Components in accordance with Annex B.2.1.10

[Assembly & Installation of Anchor Cages];

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(iii) embed each assembled Anchor Cage in its applicable Tower Foundation, in accordance with Annex B.2.1.8 [Gravity Foundation Construction Guideline]; and

(iv) perform the grouting and sealing in relation to each Anchor Cage in accordance with Annex B.2.1.12 [Grouting of Anchor Cage] and Annex B.2.1.13 [SWI Sealing of Foundation Top] using a subcontractor certified by BASF for grouting on WTG foundations using the BASF Masterflow 9200.

4. Before casting of the concrete the Contractor shall check the horizontality of the upper and lower anchor cage flanges and provide the Other Contractor with the reports in Annex B.2.1.15 and B.2.1.16 duly filled and signed. The Contractor shall, during assembly, embedment and grouting of each Anchor Cage, fill out the documents set forth in Annex B.2.1.11 [SIF for Assembling & Installation of Anchor Cage] and in Annex B.2.1.14 [SIF for Grouting of Anchor Cage] and when such work is completed, provide the documents, filled out, to the Employer with respect to each Anchor Cage.

3. Site access tracks and hardstanding, material supply and installation suitable for delivery and erection of the WTGs, and lifting cranes, as specified in Annex B.2.1

4. Management and implementation of the necessary access modifications to the public and site roads to allow delivery of all materials to the Site, including dust control during the transportation of Other Contractor Main Components (as defined in the TSA) and towing of Other Contractor trucks if requested by the Employer. .

5. Supply, installation and connection of a LV and MV cabling and associated trenching works between the 2 WTGs and substation.

6. Construction of a Control Building.

7. Interconnection works from Control Building up to the existing Substation as described at the Interconnection Agreement.

8. Procurement of IPPM panel and connection/testing of Vestas – ADMIE metering systems in the Substation, as described at Interconnection Agreement and according to ADMIE procedures.

9. Installation and connection of a telecommunication connection to the wind farm, as specified in Annex B.

10. Supply, installation and connection of the WTG earthing system, as specified in Annex B.

11. Supply, installation and connection of data cables for the wind farm Supervisory and Control System as specified in Annex B.

12. Performance Tests:

Test of wind power plant underground MV cable after its installation as per recent ELOT HD 620 S1: 1996/A1:2001, VDE 0276- HD 620 – 1996, IEEE 400.2 and IEC 60229 – 2007 / par. 5standard.

Measurement and verification of each wind turbine earthing system following relevant clauses of IEEE Std80-2000 (earthing resistance, step and touch voltages within safety limits).

Provision of test reports as of Annex B.2.28 “Optic Fibres Network Purchase Specification (1.10.10).

Laboratory test for foundation concrete: control of test pieces and compression resistance for breakage at 7, 21 and 28 days.

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Compaction tests for roads and crane pads.

If Contractor Works fails to comply with Technical Specifications, norms, standards and restrictions, Contractor shall undertake all necessary measures at its cost and under its responsibility to correct such non-compliance.

13. Two sets of quality controlled Operations and Maintenance manuals.

14. Performance and Guarantees as specified in Annex C.

15. Health and Safety equipment, including but not limited to necessary safety signs and fire extinguishers in compliance with Greek standards. All such equipment shall be supplied with valid test certificates.

3.4 Detailed Interface between Contractor and Other Contractor

The Interface between Contractor and Vestas Hellas Wind Technology S.A is in detail described in annex 3.1 of the TSA, which is attached hereto as Annex B.2.1.35. For the purposes of the Contract where in annex B.2.1.35 is written “Supplier” it shall mean “Employer” and where in annex B.2.1.35 is written “Buyer” it shall mean “Contractor”.

The Interface between the Contractor and IPTO is described in the Interconnection Agreement (Annex B.2.2).

3.5 Progress Reports

Contractor shall prepare and submit monthly progress reports to Employer.

The Content of the progress reports shall be defined in Annex E.

3.6 Contract Price

The Contract price for the execution of the Contractor Works is one million five hundred twenty one thousand six hundred twenty eight Euros (1.521.628,00 €).

The “Contract Price” shall be all-inclusive, (“lump sum”) fixed, firm, and subject to revision only in such cases as expressly provided in the Contract and pursuant to the terms and conditions specified therein.

Without prejudice to the provision of clause 3.14 (a) of this Agreement, Site Security for the Excluded Works is not included in Contract Price and if asked by Employer, will be charged against actual cost – invoices.

3.6.1 Payment conditions

Payment conditions for the Contractor Works are the following:

Advance Payment

Down Payment 1

10% - upon Commencement Date (to be paid after satisfaction of the other conditions under 3.21.1 for the occurrence of Commencement Date)

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Down Payment 2

10% upon issuance of proforma invoices of at least equal amount relating to the supply of the cables and MV equipment and in any case post Commencement Date.

Interim Milestones Payments - (adding up 100% of Contract Price)

[20]% of each interim milestone payment will be deducted as per the advance payment.

5% of each milestone payment are deducted and retained as Performance Retention.

Access to all WTG Locations Complete 15%

WTG’s Foundation Excavation Complete 15%

Concrete poured to all WTG Foundations 25%

MV cable internal FAT tests and certificates 10%

MV interconnection FAT tests and certificates 25%

IPPM panel FAT tests and certificates 10%

Retention

Substantial Completion 3%

After Reservation removal 1 (Punch list cleared and validated by Employer) 1%

After Reservation removal 2 (Take Over from Employer of Excluded Works) 1%

Payment procedure:

1 - Emission of an Interim Statement by Contractor,

2 - Validation of this Interim Statement within 7 Days following receipt of it,

3 - After validation, emission of an invoice by Contractor,

4 - Payment of this invoice within 20 Days following receipt of it.

Late Interest and Disputed Invoices:

If there is any dispute about any amount invoiced by Contractor, the amount not in dispute shall be promptly paid and any disputed amount that is ultimately determined to have been payable pursuant to the determination of the Independent Engineer under the procedures set forth in Article 2.7 shall be paid with interest as provided here below.

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For the avoidance of doubt, a payment disputed as per the provisions of this Article that is ultimately determined in favour of Employer shall neither accrue interest nor be considered as due during the dispute resolution period.

On the contrary, payment disputed as per the provisions of this Article that is ultimately determined in favour of Contractor shall accrue interest and be considered due as of the original due date.

Any delay in the payment, by any of the Parties, of a sum payable under the Contract shall automatically and without prior notice bear late interest at the annual rate of EURIBOR + 1%.

3.7 Limitations on Liquidated Damages and Liability

3.7.1 Limitations on Liquidated Damages

Liquidated Damages for delay provided for in clause 3.21.3 of the Contract in case Contractor fails to fulfil its obligations and compensation to Employer for liability it may incur towards the other Contractor (as per clause 3.21.4 hereof) are the sole and exclusive remedy Employer can seek from Contractor for delay.

The cumulative amount of Liquidated Damages Employer may claim is limited to 10 % of the Contract Price as to the Liquidated Damages for Delay.

3.7.2 Limitations on Responsibility of Contractor vis-à-vis Employer

The maximum overall liability of Contractor under this Contract, alone or in the aggregate, in connection with the Contractor Work arising as a result of Contractor’s acts or omissions hereunder, whether such liability arises in contract, tort (including negligence), strict liability, warranty, indemnification or any other legal theory except gross negligence or wilful misconduct shall not exceed one hundred percent (100%) of the Contract Price.

3.8 Time for Completion and Key Dates

The time for completion with key Dates and detail programme for Contractor Works and Other Contractor Works is detailed in Annex D.

3.8.1 Key Dates Contractor

Compliance with the Time for Completion involves compliance with the following Key Dates.

Key Date 1: All WTG Foundation works ready for WTG erection.

Key Date 2: All roads and crane pads ready for WTG transportation on Site.

Key Date 3: MV cabling between the WTGs and Substation ready to plug to the WTGs switch gear.

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Key Date 4: IPPM panel ready for grid connection.

3.8.2 Substantial Completion Tests

The Contractor shall notify in writing the

Employer that the Contractor Works are ready for Commissioning at least ten (10) Days in advance.

Provided that the Contractor has issued the Commissioning Notice, the Contractor shall at its own cost and expenses carry out the Substantial Completion Tests listed below

Cable tests (VLF and shield)

Plate test (WTG platforms and Roads)

Commissioning Tests (MV Switchgear Panels)

IPPM panel tests on site

The Contractor shall notify the Employer’s Representative at least five (5) Business Days prior to the date on which the Substantial Completion Tests will take place.

The Employer’s Representative, the technical advisor of the bank) and any other person appointed by the Employer, shall be entitled at all times to attend and monitor the Substantial Completion Tests.

Monitoring of the Substantial Completion Tests on part of the Employer shall not in any case release the Contractor from any liability in connection with the Contractor Works and the Substantial Completion Tests, for which the Contractor shall remain exclusively liable.

The Contractor shall, within a deadline of five (5) Days, starting from the date upon which the Substantial Completion Tests have been completed, notify the Employer of the results of the Substantial Completion Tests.

In case that the Contractor Works fail to pass the Substantial Completion Tests, the Contractor shall, after consultation with the Employer’s Representative, repeat the Substantial Completion Tests within one month from the initial Substantial Completion Tests date.

If the Works again fail to pass the Substantial Completions Tests repeated, as above de-scribed, the Employer shall be entitled to do one of the following:

a) Order further repetition of Substantial Completion Tests b) Reject the Contractor Works or any part thereof and terminate this Agree-

ment pursuant to the provisions of clause 3.22.

In case of successful completion of the Substantial Completion Tests, the Contractor shall so notify in writing the Employer and invite the latter to sign the Substantial Completion Certifi-cate.

3.8.3 Substantial Completion Certificate

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The Employer shall not issue the Substantial Completion Certificate until and unless:

(a) The parties have agreed on Outstanding Works, if any, that shall be executed within the Punch List Clearance Period.

(b) Without prejudice to any Outstanding Works, the Contractor Works have been exe-cuted in compliance with this Agreement and

(c) .The Contractor has successfully passed the Substantial Completion Tests.

Provided that the above conditions are met, the Substantial Completion Certificate shall be signed by both Parties. Any Outstanding Works agreed by the Parties will be listed in the Punch List, which shall be attached to the Substantial Completion Certificate and countersigned by both Parties.

3.8.4 Outstanding Works – Punch List Clearance Period

The Outstanding Works consist of any minor defects rectification works or any minor pending works, which do not substantially affect the safety and/or the performance of the Works for their intended purpose as defined in the Agreement.

The Outstanding Works shall be executed during the Punch List Clearance Period.

In case that the Contractor fails to execute the Outstanding Works within the Punch List Clearance Period, the Employer may then, at its discretion and pursuant to the provisions of this Agreement, either have the Outstanding Works that were not executed by Contractor, executed by any contractor chosen at its discretion, at Contractor’s risk and cost, and deduct the costs thus incurred from any payment under the Contract Price or terminate the Contract and order the removal of Contractor from the Site, and have the Contractor Works completed by any contractor chosen at its discretion.

3.8.5 Final Completion Certificate

Upon completion of the Outstanding Works, the Contractor shall notify the Employer of Out-standing Works completion and invite the Employer to issue the Final Completion Certificate.

The Employer shall not issue the FCC until and unless:

(a) IPTO has issued the certificate required under article 14 para4 of Ministe-rial Decision Δ6/Φ1/οικ.13310/2007 for the issuance of the Operation Li-cense,

(b) the Outstanding Works have been completed,

(c) the Contractor has cleared the Site,

(d) the Contractor has performed all its obligations arising from this Agree-ment and concerning the period until Final Completion.

(e) the Contractor is in compliance with any other obligation under this Con-tract.

Provided that the above conditions are met, the Final Completion Certificate shall be signed by both Parties.

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As regards condition under (a) above, the Parties explicitly agree that in case that such cer-tificate is not issued within four (4) months from Electrification and the Parties agree that such a delay is not attributable to the Contractor, the Employer shall waive such condition.

3.9 Coordination of Contractor Works

The Contractor shall coordinate its works on Site with Other Contractors providing its best reasonable efforts in order to ensure proper interferences between the Contractor Works and Excluded Works, under the supervision and according to the instructions of the Employer’s Representative.

In particular, Contractor shall closely cooperate with Vestas Hellas Wind Technology S.A. regarding the review by Vestas Hellas Wind Technology S.A. of the design of Tower foundations be prepared under the responsibility of Contractor and dedicate reasonable efforts in order to obtain approval of Vestas Hellas Wind Technology S.A. on such design.

The Employer’s Representative shall organize regular construction progress meetings with Contractor and Other Contractors according to the rules defined in Annex B in order to supervise the interfaces.

Contractor shall obtain, coordinate and submit any relevant information to Employer’s Representative for information purposes, (including details of work to be performed off-Site) provided by Subcontractors. Contractor shall be responsible for providing notice of locations of work sites, materials and storage locations for Equipment and Materials and Temporary Equipment, with a view to facilitating the work of Subcontractors.

Contractor shall use reasonable efforts to maintain co-operative relations with councils and permanent residents within the immediate vicinity of the Site.

3.10 Subcontractors

Contractor may not subcontract the entire Contractor Works.

Contractor shall be liable for compliance by all Subcontractors with all the provisions of the Contract. Contractor shall be liable for any acts or defaults of any Subcontractor, its agents or employees, to the same extent as if such acts or defaults had been committed by Contractor, its own agents or employees.

Contractor shall be responsible for proper and timely payment of all Subcontractors.

The Employer shall have the right, acting reasonably and following prior notification, to require the Contractor to remove from the project any Subcontractor who is unfit to carry out the Contractor Works or whose acts or omissions cause the Contractor to violate its obligations hereunder or present a risk of injury to persons or property at the Site that is not inherent in the performance of the Contractor’s obligations hereunder.

3.11 Environmental Protection

Contractor shall take all measures necessary to protect the environment, both on and outside the Site, and to avoid any damage, injury or nuisance to persons or property, resulting from pollution or any other consequence of the Contractor Works. Contractor shall ensure that any emissions, surface discharges, evacuations, effluents emanating from the construction site or from the Wind Farm shall not exceed the thresholds stipulated in the Contract nor the thresholds provided by applicable norms and standards and by applicable Laws, the Environmental Impact Study and the Environmental Terms Approval.

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In the event where Contractor fails to comply with the obligations above and in the absence of any satisfactory response within 8 Days of notice by Employer, Employer may take any necessary dispositions, either itself or by any contractor it may choose, the consequent costs will be in charge of Contractor and deducted of any amount owed or to be owed in the future to Contractor.

Contractor shall indemnify Employer for any fine, penalty or third party claim incurred as a result of non-compliance by Contractor with the applicable Laws or any project license, norms and standards and, more generally, with its obligations under this Article.

3.12 Access and Access Roads

Contractor hereby acknowledges having confirmed and obtained confirmation regarding the suitability and availability of accesses and access roads that are intended to be used.

Contractor shall be responsible for maintenance and repairs of accesses and roads where necessary. Contractor shall provide any signs or directions it considers necessary for its personnel, labour force and others attending on the Site.

Contractor shall obtain any authorizations required from the relevant authorities with respect to the use of such accesses, roads, signs and directions.

3.13 Site Data

Contractor has visited the site and acknowledges that it has a full knowledge of the Site.

Contractor acknowledges that it has examined, interpreted, verified, controlled, under his full responsibility, the data and studies disclosed to it. It represents it has undertaken any further study it deemed necessary or useful, notably to ensure the perfect stability and safety of the Contractor Works and in consequence, Contractor represents it has neither any remark nor reservation to make regarding this data.

Contractor is thus deemed to be fully aware of all loads, constraints, incidents or hazards which may result from the natural conditions of the Site (climatic, atmospheric, meteorological, seismological, hydrological, topographical, etc.), the nature of the ground, according to studies provided to Contractor, the means of access to the Site, its environment, the environmental impact study (if any). Especially for the geophysical and geotechnical survey, it is further clarified that the Contract includes boreholes and destructive holes as required by the geologist, but not any remedy procedure necessary for the suitability of the location of the foundation unless such procedure is agreed by a Variation.

However, in the event of any archaeological remains in the Site sub-soil, which were not normally foreseeable by Contractor or extreme geological conditions (eg cavities, faults etc) which were not foreseen in the geophysical studies, and which make impossible performance of Contractor’s obligations, Contractor shall so inform Employer, and Contractor may then request a Variation based on the actual expenses.

3.14 Safety Precautions

Contractor shall comply with all safety rules under applicable Laws, regarding the design, access and operations on the Site.

Unless otherwise stated in the Contract, and until Final Completion, Contractor shall provide for the Contractor Works

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(a) Site Security, surveillance of the Site and guarding of the Contractor Works and the delivered on Site Anchor Cages;

(b) temporary access, footways, guards and fences as may be necessary for the convenience and protection of owners and occupiers of surrounding lands, the general public and other persons.

3.15 Electricity, Water, Telephones and Services

Contractor shall, be at its own risk and cost entitled to use such electricity, water, telephone and other services on the Site for the purposes of the Contractor Works. Contractor shall, at its risk and cost, provide any appliances necessary for the connection and the use of such services.

The used quantities shall be reinvoiced to Contractor by Employer in accordance with the bills received from utilities or suppliers and deducted from any sums payable to Contractor.

3.16 Clearance of Site

(a) During the execution of the Contractor Works, Contractor shall keep the Site free from all unnecessary obstruction, and shall store all the Equipment, Temporary Equipment or surplus materials.

Contractor shall clear away and remove from the Site any wreckage, rubbish or Temporary Works and Equipment no longer required. After the signature of the Final Completion Certificate, Contractor shall clear away and remove from the Site all Temporary Equipment, surplus material, wreckage, rubbish and Temporary Works.

During the Contract Period, Contractor shall maintain the Site and the Wind Farm in satisfactorily clean and safe condition. Subject to the foregoing Contractor shall be entitled to retain on Site, until the expiry of the Contract Period, such Site Equipment, materials and Temporary Works and Equipment necessary for the performance of its obligations under the Contract.

(b) If Contractor fails to comply with the above provisions, Employer may, after notice to remedy has remained without satisfactory response for more than 30 Days, remove, dump, sell or otherwise dispose of any remaining Temporary Equipment, surplus material, wreckage, rubbish and Temporary Works, at Contractor's risk and cost.

In the event of sale of surplus materials, Employer shall be entitled to retain, from the proceeds of such sale, an amount sufficient to meet the costs incurred in clearing and in restoring the Site. The balance of the proceeds shall be paid to Contractor. If the proceeds of the sale are insufficient to meet Employer’s costs, the outstanding balance shall be recoverable from Contractor by Employer and deducted from any sums payable to Contractor.

3.17 Access to Site

Unless otherwise stated in the Contract and until Final Completion Contractor shall prohibit access to the Site to unauthorized persons.

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Authorized persons shall be limited to employees of Contractor and / or employees of Subcontractors, of any persons authorized under the TSA and the Interconnection Agreement as well as any persons authorized by Employer or Employer’s Representative.

3.18 Contractor's Operations on Site

Contractor shall confine his operations to the Site, and to any other additional areas which may be provided by Contractor and approved by Employer's Representative as working areas.

Contractor shall take all necessary precautions to keep his employees and equipment within the Site and such additional areas, to prevent them from encroaching on surrounding lands.

3.19 Contractor’s Employees

1) Contractor shall make his own arrangements for the hiring of workers, local or otherwise, their payment, accommodation, meals, and transport.

2) Contractor shall provide and maintain all accommodations and equipment necessary for the welfare of its (and its Subcontractor's) employees.

Contractor shall not permit any of its employees (nor of its Subcontractors’ employees) to maintain any temporary or permanent living quarters within the structures forming part of the Contractor Works or the Wind Farm, except where authorized by applicable Laws as well as by leases, and provided that all necessary authorizations are obtained where requested and, under any event, the hygiene and work safety regulations are being complied with.

3) Qualifications of Contractor's employees

Contractor shall employ (or cause to be employed) only persons who are qualified, skilled and experienced in their respective trades or occupations. Employer’s Representative may, to a reasonable extent, require Contractor to remove (or cause to be removed) from the Site any person employed for the construction of the Contractor Works, including Contractor's Representative, who in the opinion of Employer’s Representative:

a.i.1.a. is incompetent or negligent in the performance of his duties,

a.i.1.b. fails to conform with any provision of the Contract, or

a.i.1.c. persists in any conduct which is prejudicial to safety, health of persons, or the protection of the environment.

If appropriate, Contractor shall then appoint (or cause to be appointed) a suitable replacement.

3.20 Variations

3.20.1 Right to Vary

Variations may be initiated by Employer at any time during the Contract Period, either by instruction or by request for a proposal addressed to Contractor.

Contractor may not implement any Variation or other change in the Contract and in the Contractor Works, unless Employer issues written instructions to this effect. In the event the

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Construction Documents or Works do not comply with the Contract, the correction shall not be deemed to constitute a Variation.

3.20.2 Variations Proposals

Contractor may, at any time, submit a written proposal to Employer which, in Contractor's opinion, will reduce costs of construction of the Plant, or improve its efficiency or its value, or is required by a technological development in the products or components provided by one of its Subcontractors or suppliers. All such proposals shall be prepared at the expense of Contractor and shall include the items listed in following Clause 3.20.3.

3.20.3 Variation Procedure

In the event Employer requests a proposal prior to ordering a Variation, Contractor shall submit the following as soon as possible:

a) description of the proposed Variation and/or a completion schedule for the works to be performed,

b) Contractor's proposals concerning any resulting impact on the Performance Schedule, and

c) Contractor's proposals for adjustments to the Contract Price, Time for Completion and/or variations to be made to the Contract.

Contractor's proposals for adjustments to the Contract Price shall be defined taking into account that the profit margin cannot exceed 10 %.

Employer shall, as soon as practicable after receipt of any such proposals, grant or refuse consent or make any necessary remarks, at the latest within 20 Days. Failure to respond by Employer shall be deemed a rejection of Contractor’s proposal.

In the event Employer approves the proposal, it shall so notify Contractor, with an addendum stating the adjustments to be made in the Contract Price and the Time for Completion.

In the event that it is technically impossible to implement the Employer’s request, Contractor shall so notify Employer, providing full explanations with supporting documentation.

3.21 Performances and Guarantees

3.21.1 Commencement Date - Time for Completion and Key Dates

The Commencement Date shall be the date on which all the following conditions have been met in the following order:

a. Delivery from Contractor to Employer of the Performance Guarantee;

b. Delivery to Employer of proof for the insurances of Contractor (as described in Annex C); c. Payment by Employer to Contractor of the Down Payment 1.

If the Commencement Date has not occurred on or before December 31st 2017, and unless otherwise mutually agreed by the Parties, this Contract shall be deemed terminated, without any further liability or rights to damage or indemnification whatsoever.

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Contractor shall commence performance of the Contract on the Commencement Date and shall continue execution in a diligent manner and without interruption until completed.

Contractor guarantees to Employer that it shall comply with the Key Dates and the Time for Completion as defined in the Performance Schedule.

In case that the Commencement Date occurs later than the indicative commencement date included in the Performance Schedule due to the fact that Employer failed to meet condition (c) prior to such indicative date, the Parties shall adjust the Performance Schedule accordingly.

3.21.2 Extension of Time for Completion

Contractor may apply for an extension of the Time for Completion and, where necessary, the postponement of one or several Key Dates in the event of delays or risk of delays, either prior to or following the Time for Completion upon any of the following grounds:

a) a Variation has been ordered or accepted under Article 3.20 (unless an adjustment to the Time for Completion has already been agreed),

b) occurrence of a Force Majeure event (as defined in Article 2.5 of the Contract),

c) occurrence of a cause of delay giving rise to an entitlement to extension of time, under an express provision of the Contract, provided Contractor has complied with such provision, and notably, has requested an extension of time within the delay allowed,

d) any delay, interference or prevention by Employer or its employees.

Where Contractor is entitled to apply for an extension of the Time for Completion, it shall give notice to Employer’s Representative of such intention as soon as possible and, in any case, within 5 Days of the start of the event giving rise to the delay. Contractor shall, by means of a second notice given to Employer’s Representative within fifteen (15) Days, specify and justify the extension of Time for Completion and, where needed, the postponement of Key Dates it requests.

After receipt of such second notice, Employer’s Representative, after consultation with Contractor, shall determine such extension of the Time for Completion and postponement of Key Dates and shall notify its decision to Contractor. When determining each extension of time and each postponement of Key Dates, Employer’s Representative shall take under consideration the previous time extensions and postponements.

Failing the notification of such decision to Contractor within fifteen (15) Business Days of receipt of the second notice mentioned above, Employer’s Representative shall be deemed to have accepted Contractor’s request (if there is any dispute about any request for extension of the Time of Completion by Contractor, such dispute may be referred to the determination of the Independent Engineer under the procedures set forth in Article 2.7.

3.21.3 Liquidated Damages for Delay

In the event of failure to complete any part of its works within the Contractor Key Dates defined in clause 3.8.1, and / or in the event the Substantial Completion Certificate cannot be issued upon expiry of the Time for Completion, Contractor shall automatically and without prior notice pay Liquidated Damages for Delay to Employer equal to 250 Euros per Day of delay per WTG.

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3.21.4. Employer’s Liability to the Other Contractors

If Contractor fails to complete any of the Contractor Key Dates defined in clause 3.8.1 and / or the Contractor Works on time frame as defined in the Performance Schedule and as such, Employer would incur some liability towards the Other Contractors, Contractor shall compensate Employer for any resulting cost due to storage, preservation and insurance without prejudicing the hereabove defined liquidated damages. Contractor shall pay any extra cost to Employer for such failure subject to the following:

(i) Contractor shall be given the opportunity to coordinate with the Other Contractors in order to mitigate the costs actually incurred by the Other Contractors and claimed by the latter to Employer,

(ii) Any extra cost to be paid by Contractor to Employer shall be justified.

If Contractor anticipates that it will be unable to ensure the completion of any of the Contractor Key Dates defined in clause 3.8.1 and/ or of the Contractor Works in order to permit the Other Contractors to perform the Excluded Works in accordance with the Performance Schedule, Contractor shall notify Employer forthwith in writing, stating the reasons and, if possible, the time at which it will be able to comply with its obligations. If the WTGs are not yet on Site, Employer shall do its reasonable efforts so that the Vestas shall arrange for storage and preservation of the WTGs; Employer shall be entitled to invoice related expense to Contractor. Employer shall also request Vestas to insure the WTGs; Employer shall be entitled to invoice related expense to Contractor.

3.21.5 Reactive Power Guarantees (not applicable)

3.21.6 Guarantees in connection with the grid

Where the Contractor Works fails to comply with Technical Specifications, Wind Farm and Substation licenses, ADMIE directives, Laws applicable, norms, standards and restrictions, Contractor shall undertake all necessary measures at its cost and under its responsibility to correct such non-compliance. Where Contractor fails to implement such measures or there is a delay in such implementation, Employer may, following formal notice that has remained unheeded after an 8 Day period, take any necessary measures either itself or by any enterprise of its choice, the resulting costs being borne by Contractor.

Where the Contractor Works fail to comply with Technical Specifications, norms, standards and restrictions, due to changes in permits or changes in Laws, Contractor shall undertake all necessary measures at Employer’s cost and under Contractor responsibility to correct such non-compliance.

3.21.7 Power losses Guarantee (not applicable)

3.21.8 Availability Guarantee (not applicable)

3.21.9 Liquidated Damages Payments and Costs to be borne by Contractor

Liquidated Damages for Delay referred to in Clause 3.21.3 shall be debited to Contractor on each Interim Payment Certificate. Where, as a result of such deduction, the Interim Payment

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Certificate shows a balance owed by Contractor to Employer, such balance shall be paid by Contractor within thirty Days of receipt of said Interim Payment Certificate.

The amount of the Liquidated Damages for Delay payable by Contractor shall not exceed the maximum amount stipulated in Article 3.7.1.

3.21.10 Project Guarantee – Defect Notification Period

The Contractor guarantees that the Contractor Works are free of defects in parts, materials, workmanship, design for a period of twenty four (24) months from the date of the Substantial Completion Certificate. The Contractor further guarantees that it shall remedy such defect during the Defects Notification Period by repair or replacement. All costs and expenses associated with remedying such defects shall be paid by the Contractor including labour, parts, equipment, disposal and bad handling, bad or lack of maintenance of the Contractor Works.

The Defect Notification Period shall be extended by a period equal to the period during which the Wind Farm (or part of it) cannot be used by reason of any defects in parts, materials, workmanship or design in the Contractor Works. The Contractor can either rectify the defects by himself or authorise the Employer, with its consent, to proceed with the rectification at the responsibility and at the expense of the Contractor.

In case of replacement of any defective Material or Equipment, the twenty four (24) month warranty period provided in the above first paragraph shall commence for the replaced Material or Equipment from the date of the replacement.

3.21.11 Product Guarantee

Contractor guarantees that all the equipment of its scope which will be used for the Plant, shall possess all qualities and features agreed by the Contract. Contractor also guarantees the successful operation of the materials or equipment for two (2) years, counting from the Substantial Completion. If, during this period, any technical malfunction or defect occurs, concerning the materials equipment, not due to heedless use, lack of maintenance or Force Majeure, Contractor is obliged to repair or finish off, or replace it in a way satisfactory to Employer, free of any extra charges.

3.21.12 Performance Bond

As a condition of the Commencement Date, Contractor shall remit to Employer a performance bond (attached in Annex C) or in a form approved by Employer, issued by an Acceptable Bank for the amount of 10% of the Contract price.

Performance Bond should be reduced to 5% of Contract Price from the Final Completion Certificate until lapse of 20 Days after the expiry of the Defect Notification Period.

Prior to any enforcement of the performance bond, Employer shall in all events notify Contractor of the nature of the default for which it seeks to enforce the performance bond.

3.22 DEFAULT BY CONTRACTOR

3.22.1 Formal Notice

In the event Contractor fails to perform any of its obligations, and, in particular, if it fails to undertake the Contractor Works and fails to perform them in accordance with the Contract, Employer’s Representative may give formal notice to Contractor to remedy such failure within reasonable time (considering the nature and extent of the work to be undertaken).

3.22.2 Termination

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In the event Contractor:

(a) Fails to comply with the notice to remedy mentioned in Article 3.22.1,

(b) Abandons the Site,

(c) Is delayed more than 6 months in the execution of Contractor Works compared with the Performance Schedule or the expiry date of the Time for Completion scheduled, and such a delay is attributable to Contractor or the cap for Liquidated Damages for Delay is exceeded (whichever occurs first);

(d) Becomes bankrupt or insolvent, is subject to a winding-up, liquidation or receiving order, composition proceeding or similar creditors arrangement, or assignment of its assets to a receiver, trustee or manager for the benefit of its creditors, or other similar act or event (except mandatory provisions of the Law),

(e) Assigns all or part of the Contract or subcontracts all of the Contractor Works without the required consents,

Employer may then, at its discretion, and subject to 15 Days' advance notice to Contractor:

(1) Either have the Contractor Works that were not executed by Contractor, executed by any contractor chosen at its discretion, at Contractor’s risk and cost, and deduct the costs thus incurred from any payment under the Contract Price.

(2) or terminate the Contract and order the removal of Contractor from the Site, and have the Contractor Works completed by any contractor chosen at its discretion and call the forfeiture of the performance bond in order to cover loss or damage incurred by Employer pursuant to termination of the Contract and/or additional costs of ensuring completion of Contractor Works by another contractor.

Employer’s decision to terminate the Contract shall be without prejudice to any other right of Employer pursuant to the Contract or otherwise, and shall not discharge Contractor from its obligations and responsibilities according to the Contract in regards to Contractor Works performed by Contractor.

Contractor shall return any and all documents drafted by it or on its behalf to Employer’s Representative, and shall not remove any Temporary Equipment, Temporary Works, Equipment and Materials brought onto the Site.

Employer, or any other contractor chosen by Employer to execute Contractor Works that have not been performed by Contractor in order to complete the Wind Farm, may use such documents, including any design documents, the Temporary Equipment, Temporary Works, Equipment and Material that it (they) deems (deem) necessary.

Upon Substantial Completion, or on another date specified by Employer’s Representative at its discretion, Employer’s Representative may notify Contractor that the Temporary Equipment and Temporary Works shall be released to Contractor. In such event, Contractor shall promptly remove or arrange removal of the foregoing at its expense. In the event that Contractor fails to remove said items within 15 Days after formal notice sent by Employer’s Representative, the provision of Article 3.16 b) shall apply.

3.22.3 Valuation on Date of Termination

As soon as possible after the termination pursuant to Article 3.22.2 Employer’s Representative shall:

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(a) prepare a report of properly completed Contractor Works setting forth the unpaid value thereof,

(b) quantify Liquidated Damages for Delay owed by Contractor to Employer as of the date of Termination

3.22.4 Suspension of Payment after Termination

Upon termination pursuant to this Article, Employer may suspend payments to Contractor until such time as costs incurred by Employer in order to ensure progress of the works, full and entire completion of the Contractor Works, removal of reservations, remedying of any defects, clearance of the Site and other related costs have been determined.

3.22.5 Payment after Termination

Contractor shall be liable to pay Employer any and all costs stated in Article 3.22.4, Liquidated Damages for Delay set forth in the Contract recorded pursuant to Article 3.22.3(b) and any other loss or damage incurred by Employer pursuant to termination to the extent they exceed the amount of the performance bond forfeited.

Employer’s Representative shall prepare a statement of amounts owing pursuant to the foregoing provisions, less any amounts due and owing to Contractor under Article 3.22.3 (a).

The statement of amounts outstanding shall be sent to Contractor which shall send any remarks to Employer’s Representative within 30 Days. Failure to send remarks within such 30-Day period shall be deemed consent to the statement of amounts due prepared by the Employer’s Representative. In the event Contractor disputes the statement of Employer’s Representative within 30 Days, and the Parties fail to reach an amicable settlement, the dispute shall be settled in accordance with the provisions of Article 2.1.

3.23 DEFAULT BY EMPLOYER

3.23.1 Suspension of Works

Where Employer fails to pay Contractor amounts due under the terms of the Contract without justified cause, excluding deductions to which Employer is entitled pursuant to the Contract, Contractor may suspend or reduce the pace of the performance of the Contractor Works subject to thirty (30) Days' advance notice given to Employer without prejudice to Contractor's rights and claims to payment pursuant to the Contract and its termination rights pursuant to this Article.

Where Contractor has suspended or reduced the pace of work and Employer pays the amounts due, the provisions of Article 3.23.2 shall not apply and Contractor shall promptly resume the normal work schedule, as soon as reasonably possible.

Where Contractor incurs delays and/or additional costs as a result of the suspension or reduction of the pace of work, Contractor shall send notice to Employer’s Representative within 30 Days of work being resumed, specifying and justifying the extension of Time for Completion and, where necessary, the postponement of Key Dates as well as additional costs Contractor requests, under penalty of foreclosure.

After receipt of such notice, Employer’s Representative shall decide, after consultation with Contractor:

(a) to extend, if necessary, the Time for Completion and postpone one or more Key Dates in accordance with Article 3.21.2, and

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(b) add additional costs incurred by Contractor to the Contract Price,

and shall notify Contractor accordingly.

Failing the notification of such decision within 15 Business Days of the receipt of the aforementioned notice, Employer’s Representative shall be deemed to have accepted Contractor’s request(s).

3.23.2 Termination

Where Employer fails to pay Contractor any amounts payable within 30 Days of the due date (after any deductions to which Employer is entitled pursuant to the Contract) under the Contract, Contractor may terminate the Contract subject to 30 Days’ notice to Employer which has remained unheeded. Copy of the formal demand for payment shall be sent to Employer’s Representative.

If Employer becomes bankrupt or insolvent, is subject to a winding-up, or liquidation or receiving order, composition proceeding or creditors arrangement, or assignment of its assets to a receiver, trustee or manager for the benefit of its creditors, or other similar act or event, Contractor may terminate the Contract subject to 30 Days' notice unless otherwise provided by the law.

3.23.3 Cessation of Work and Removal of Temporary Equipment/ Works

After termination under Article 3.23.2, Contractor shall

(a) cease all work, except as necessary or ordered by Employer’s Representative to ensure safety or safeguard works already executed, and to leave the Site in a clean and safe condition,

(b) deliver all documents for which Contractor has received payment, as well as Contractor Works performed up to the date of termination, and

(c) remove all Temporary Equipment / Works remaining on-Site and order all its

personnel and Subcontractors to leave the Site.

3.23.4 Payment after Termination

After termination under Article 3.23.2, Employer shall return the Performance Bond, and shall remain liable to Contractor for:

(a) Contractor Works carried out but not yet paid to Contractor by Employer,

(b) any other reasonable costs incurred pursuant to completion of the Contractor Works,

(c) reasonable costs for dismantling and removal of the Temporary Works and Equipment,

(d) reasonable costs for withdrawal of Contractor's personnel, employees and Subcontractors employed for the construction of the C Works upon the date of termination,

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(e) amounts arising out of any losses or damages incurred by Contractor resulting from the termination.

Contractor shall prepare a statement of amounts it deems payable to it pursuant to the preceding provisions, and shall transmit such statement to Employer, accompanied by any relevant supporting documents. In the event Employer fails to provide its remarks concerning such statement within 30 Business Days of receipt thereof, it shall be deemed accepted.

If, on the contrary, within this 30 Days’ time period, Employer disputes Contractor’s statement and the Parties fail to settle this dispute amicably, the dispute shall be settled in accordance with the provisions of Article 2.1.

__________________________________________________

And the Parties expressly accept in writing the afore-mentioned provisions and they execute this Contract, in four originals, in the place and term indicated in the headline.

Athens, the of

On behalf of ANEMOPETRA S.A.

On behalf of KTISTOR

Tsikalakis George

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4. ANNEX A – CONTRACTOR WORKS

Α.1 CIVIL WOKS

A.1.1. Roads*

Includes all works of widening and restoration of existing roads and excavation of new roads, for the smooth and safe passage of vehicles and Wind Turbine erection cranes:

i. Excavation of new roads which includes excavation inall soil types, backfilling, laying of crushed material 3A for planarity achievement of the new roads and technical works for rainwater drainage*

ii. Supply and installation of Safety Markers and Labels*An estimate of the required works has been made and will be confirmed once the road study has been finalized.

Α.1.2. Wind Turbines foundations and crane pads*

Includes all works necessary to construct two crane pads and two Wind Turbines’ foundations as specified by their manufacturer and environmental conditions:

iii. Excavation to formation level of 2 crane pads, considering the specific ground condi-tions (rocky or semi-rocky soil) and main crane boom assembly area

iv. Backfilling of crane padsv. Excavation to formation level of the WT’s foundations, considering the specific ground

conditions (rocky or semi-rocky soil). The excavation will be executed using mechani-cal methods or controlled explosion.

vi. Backfilling of WT’s foundationsvii. Blinding concrete C16/20. Production will take place in a concrete mix plant. It is pro-

duced to clean and level the bottom of the foundation. Includes placement, vibration and leveling. (10cm layer)

viii. *Reinforced concrete C30/37, for the WT base produced in a concrete mix plant. In-cludes placement, vibration and leveling according to regulations.

ix. *Corrugated B-500-S steel. Works include cutting, metal formation and placement in the foundation.

x. Installation and removal of the formwork of foundation of WTsxi. Laying of crushed gravel for the proper leveling of crane pads.xii. Assembly and installation of WTs’ anchor cages foundationsxiii. PVC Φ200 pipe for power cables in the WT. (3 pipes/WT)xiv. PVC Φ50 pipe for optic fibers in the WT. (2 pipes/WT)xv. BASF MasterFlow grout

*An estimate of the required works and materials has been made and will be confirmed once the foundation study has been finalized.

A.1.3. Construction of cable trenches

Includes all works necessary to construct cable trenches inside the park:i. Digging out cable trenches, of dimensions according to study. The excavation will be

executed using mechanical methods or controlled explosionii. Procurement, delivery and laying of sand backfilling, to protect electrical cablesiii. Backfilling trenches with selected material, from quarries, after removal of larger

rocks, compaction will be achieved with mechanical methodsiv. Standardized plastic tape to sign the electrical cables’ route, buried in the trenches

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v. Installation of concrete slabs, dimensions 50cm x 25cm, for the protection of the MV cables

vi. Erection of metal or plastic marks, at intervals of 50 m and at changes of direction, to indicate the routes of underground cables

Α.1.4. Control building

Includes the construction of the Wind Park’s control building, according to study, including all necessary electromechanical equipment:

i. Formation of surrounding space, including excavation, backfilling, concrete founda-tions of the Containers and foundation earthing, compaction and restoration of the area

ii. Prefabricated Control Building, dimensions 12m x 3m (LxW), including electrical ins-tallation, lighting protection, fire detection system & UPS 2,2kVA with 2 extension bat-tery modules, according to the study

iii. Prefabricated storage & office room building, dimensions 12m x 2,6m (LxW), inclu-ding electrical installation, according to the study

iv. Procurement, Installation and test MV Equipment according to studyv. Supply of all signals & measurements from MV Equipment installed in Control Buil-

ding in Modbus protocol, including all necessary data cables towards SCADA

Α.1.5. Geotechnical Surveys

Includes the conduction of geotechnical surveys, performed by specialized engineers, to obtain information on the physical properties of soil and rock around the WTGs and Control building:

i. Geotechnical surveys around the WTGs and Control Building

A.2. ELECTOMECHANICAL WORKS

A.2.1. Earthing network of Wind Park

Includes all materials and works for the earthing of the Wind Park and WTGs:i. Installation of foundation earthing according to Vestas standardsii. Construction of extra grounding as well as grounding at the Terminal WTGs, where

necessary, according to Vestas standardsiii. Procurement, delivery and installation of stranded copper conductor 50mm2, for the

Wind Park’s earthing, including required joints.

A.2.2. Electromechanical works of Wind Park’s underground Medium Voltage line

Includes procurement, delivery, installation and commissioning of underground MV cables and fiber optic cables installed inside PE tube:

i. Procurement and installation of MV cables, XLPE type, cross section 1x240mm2

ii. Termination of the MV cables and installation of cable joints, including the procure-ment of the required materials.

iii. Procurement and installation of single mode fiber optic cables, inside PE tube.iv. Inspection, testing and commissioning of the MV cables and of the fiber optics cables

(includes VLF, sheath, tanδ, PD and OTDR tests)

A.2.3. Wind Park’s interconnection works with the existing 150/20kV Substation at “Koronia”.

Includes the following works and equipment, to interconnect the Wind Park with the existing 150/20kV Substation at “Koronia”, Viotia, Greece:

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i. Digging out cable trenches, of dimensions according to study. The excavation will be executed using mechanical methods or controlled explosion

ii. Procurement, delivery and laying of sand backfilling, to protect electrical cablesiii. Backfilling trenches with selected material, from quarries, after removal of larger

rocks, compaction will be achieved with mechanical methodsiv. Standardized plastic tape to sign the electrical cables’ route, buried in the trenchesv. Installation of concrete slabs, dimensions 50cm x 25cm, for the protection of the MV

cablesvi. Erection of metal or plastic marks, at intervals of 50 m and at changes of direction, to

indicate the routes of underground cablesvii. Procurement and installation of MV cables, XLPE type, cross section 1x400mm2

viii. Procurement and installation of single mode fiber optic cables, inside PE tube.ix. Termination of the MV cables and installation of cable joints, including the procure-

ment of the required materials.x. Inspection, testing and commissioning of the MV cables and of the fiber optics cables

(includes VLF, sheath, tanδ, PD and OTDR tests)xi. Procurement of IPPM panel and connection/testing of Vestas-ADMIE metering sys-

tems.xii. Supply of all signals & measurements from protection relays as well as from Voltage

& Current Transformers, installed in the Substation’s MV Switchgears, including all necessary data cables towards SCADA

xiii. Short circuit & protection coordination study

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5. ANNEX B – DESIGN and SPECIFICATIONS

Annex B.1.1 – DETAILED DESIGN and STRUCTURAL STUDIES PREPARED BY OTHER DESIGNERS

- Annex B.1.1.1: WTGs’, Wind Farm’s and Prefabricated Control Building’s Foundations / Structural designs [after commencement of works]

- Annex B.1.1.2: Site map- Annex B.1.1.3: Foundations & WTGs crane pads map- Annex B.1.1.4: Control Room indicative design- Annex B.1.1.5: Earthing measurements and study (WTGs & Control Building)- Annex B.1.1.6: Electrical studies (internal grid & interconnection circuit) [after

commencement of works]- Annex B.1.1.7: Geophysical study [after commencement of works]

Annex B.1.2 – DETAILED DESIGN and STUDIES PREPARED BY THE CONTRACTOR

- Annex B.1.2.1: Topography studies [after commencement of works]- Annex B.1.2.2: Cables trenches map- Annex B.1.2.3: Geotechnical study [after commencement of works]- Annex B.1.2.4: Single line diagram- Annex B.1.2.5: Electrical losses, short circuit & protection coordination study, control

room electrical study [after commencement of works]

Annex B.2 – OTHER CONTRACTORS SPECIFICATIONS AND INTERFACE

Annex B.2.1 Vestas

- Annex B.2.1.1.A: 0054-6051 V4 Wind Farm Roads Requirements- Annex B.2.1.1.B: 0050-8073 V7 Crane Pads Requirements V117 91.5m HH- Annex B.2.1.2: Foundation Loads- Annex B.2.1.3: Information for Electrical Works_Sparta Kakorema_R00- Annex B.2.1.4: Foundation Earthing - Annex B.2.1.4.1: Equipotential Connections on Cables- Annex B.2.1.4.2: Quality Control of Foundation Earthing_Sparta Kakorema_R00- Annex B.2.1.5: Earthing Between Wind Turbines- Annex B.2.1.5.1: Quality Control of Earthing between Wind Turbines- Annex B.2.1.6: Site Facilities Requirements Sparta Kakorema- Annex B.2.1.7: Switchgear foundation guideline- Annex B.2.1.7.1: Cable Duct Lay-out_ Standard Gravity Anchor Foundation- Annex B.2.1.7.2: HV switchgear- Annex B.2.1.8 Construction of Gravity Foundation- Annex B.2.1.9: Anchor Cage Approval Drawing- Annex B.2.1.10: Assembly and Installation of 2-segment Anchor Cage- Annex B.2.1.11: SIF for Assembly, Installation - Anchor Cage- Annex B.2.1.12: Grouting of Anchor Cage- Annex B.2.1.13: SWI Sealing of Foundation Top- Annex B.2.1.14: SIF Grouting of Anchor Cage- Annex B.2.1.15: Anchor Cage Base Flange - Levelling Check Report Rev 0- Annex B.2.1.16: Anchor Cage Template Flange - Levelling Check Report Rev 0- Annex B.2.1.17: Adjustment Feet - Levelling Check Report REV 2- Annex B.2.1.18: Site Soil Survey_R01- Annex B.2.1.19: Scada System Description_Sparta_R01 (Annex 1.10.1 of the TSA)- Annex B.2.1.20: Server Building Requirements 957800 (Annex 1.10.1.1 of TSA)

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- Annex B.2.1.21: General Specification VestasOnline® Power Plant Controller Mk IV, doc 0058-1667 (Annex 1.10.1.2 of the TSA)

- Annex B.2.1.22: PPC Grid Measuring Spec_ Bachmann,GMP232, Doc. 0060-9310 (Annex 1.10.1.3 of the TSA)

- Annex B.2.1.23: PPC Input Output Signal Wiring Interface (Annex 1.10.1.4 of the TSA)

- Annex B.2.1.24: VestasOnline Compact Mk3 General Specification ,0048-1981 (Annex 1.10.2 of the TSA)

- Annex B.2.1.25: ISP Configurations 958852 (Annex 1.10.7 of the TSA)- Annex B.2.1.26: Tyko Flex Installation Instruction (Annex 1.10.8. of the TSA)- Annex B.2.1.27: Fiber Optical Network Lengths And Losses (Annex 1.10.9 of the

TSA)- Annex B.2.1.28: Optic Fibres Network Purchase Specification (Annex 1.10.10 of the

TSA)- Annex B.2.1.29: Cable Layout Details (Annex 1.10.11 of the TSA)- Annex B.2.1.30: VestasPPC I-O Signals List (Annex 1.10.13 of the TSA)- Annex B.2.1.31: OPC Server NameSpace Description (Annex 1.10.14 of the TSA)- Annex B.2.1.32: Modbus Adress List (Annex 1.10.16 of the TSA)- Annex B.2.1.32: Tower Drawing (Annex 1.7 of TSA)- Annex B.2.1.33: Switchgear_Sparta Kakorema_R00 (Annex 1.8 of TSA)- Annex B.2.1.34: = Anchor Cages Components (Annex 1.9 of TSA)- Annex B.2.1.35: Interface between the Contractor and Vestas (for the purposes of the

Contract where in annex B.2.1.35 is written “Supplier” it shall mean “Employer” and where in annex B.2.1.35 is written “Buyer” it shall mean “Contractor”.)

- Annex B.2.1.36: List of WTG Locations (Annex 6.2 of the TSA)- Annex B.2.1.37: Point of Measurement (Annex 6.4.1 of the TSA)- Annex B.2.1.38: Route Survey (Annex 7.5 of the TSA)- Annex B.2.1.39: Time Schedule (Annex 8.1 of the TSA)

Annex B.2.2: INTECONNECTION AGREEMENT WITH IPTO

6. ANNEX C – INSURANCES and GUARANTEES

Annex C.1: Insurance contracts and proof of payment

Annex C.2: Performance Bond

7. ANNEX D – DETAIL PROGRAMME

8. ANNEX E – DIRECT AGREEMENT

9. ANNEX F – PROGRESS REPORT FORMAT

10. ANNEX G – EMPLOYER PERMITS

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