PRESSURE CYLINDERS INSPECTION AND MAINTENANCE.

RFQ N.SR-26643-2022

PART 3 – COMMERCIAL QUOTATION

4. TERMS OF PAYMENT

4.1 Currency

The CONTRACTOR’S Invoices shall be raised 100% in USD Currency and the
COMPANY shall paid in 100% USD Currency.

4.2 Invoices

The CONTRACTOR shall issue all Invoices to the COMPANY after the completion
of the activities.

4.3 Sixty (60) Day Payment Period

The Invoice shall be paid by the COMPANY within sixty (60) days from the date of
receipt of the Invoice from the CONTRACTOR, duly authorized by the Taxation
Department.

EN22421_MOO_SR.26643-2022_Commercial Quotation Rev0 Page 8 of 10 pages