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LEASE CONTRACT
(CGGC-MOHMAND-ZL-2021-013)
a AALS AAR 2S a BH MOHIMAND OR lo a
#007 JADE MACHINERY PVT LTD 2 Gi 2 $¢ [ol 2.9
This agreement is signed between CGGC Mohmand Dam Hydropower Project in
Pakistan (hereinafter called the “Lessee”) and JADE MACHINERY PVT LTD (hereinafter
called the“Lessor”) at Islamabad.
— + RADE. BCE. HALE Specification Quantity, Time and Price
The Rent Machine
BARAAM REDS. HR. ae FL, GEL
RH
The Lessee and the The Lessor have made an agreement of the specification,
quantity, time and price of the rent machine as below, the details are as follows
news ROME eR
ne | eee i ie RaSS | sat
Equipment Rent Lmachine Price | Mobilization
No Machine name Machine brand todel Quantity (Unit)
madel Inclusive Tax monthly Rs) |_ charges
RiP |
1 cat 28360 2 690000.00 (RS) /month | 50000 (RS) |
Excavator |
=. SIF IMME Agreement Period
x
SAMRINA, B
Ae.
201% 8A 282 NSU APA, Ak
i ts
The agreement period is 3 months which starts from August 2nd 2021 and ends
on November 2nd , 2021. The lease term is subject to The Lessee’s order.
=. Xft Payment Term
SEG A 690000. 00. He/ H (AH)
Cie 8 paiva at 9 Ob ett Mee 3317. 3 L/h. eo K Ct LL aOR AE
%.
‘The rental charge is
4% Wy 50000, OORS/ S
690000. 00 RS/month (including tax) . And the
HRmobilization charges is 50000.00.Daily working will be 8 hours and extra time shall be
charged as overtime on3317, 3RS/hourmeanwhile the relevant taxes will be deducted
2, imate AKA, DLE ae hte AAS Be AR eT AG dR
AVM. HAA ESS Me LARA T eR AT HH Dl AAR
Payment will be made on a monthly basis.The contract price shall include all kinds
of taxes levied in accordance with the prevailing Pakistan tax laws.The Lessor shall be
deemed to have fully considered all risks which may arise during the whole execution
period.
LAS RRHRARK AR AVARH. HAT RMA RR. & Ot
ESREMHADRKS RUBEARAMR
The payment under this Agreement shall be paid by cross cheque. The Lessor
should provide the corresponding invoice, Company Name/Identification Certificates
(ID) and bank account of the Lessor.
4 ARAL TRA, ARAB ENB TALE Rd
The \relevant taxes shall be deducted by the Lessee in accordance with the
prevailing Pakistan tax laws at the time of payment.
B. —ALBEFE General Obligation
1 LMA LAARACREHRERSRAS APSEToMR AER
BEA OH NE RGR ARSE AE ch AL A,
The Lessor must ensure that the Machine has all the relevant insurances and
licenses. All consequences or liabilities arising from incomplete licenses or related false
information are borne by the Lessor.
LBAARSEAREELAGAA RH SRE, FLAPS BRAH
The Operator provided by the Lessor shall have valid driving license and rich
driving experience.
3 HERA MLA. BI. ATLAS:
When driving, the driver from the The Lessor is not allowed to drink alcohol,
smoke or use telephone.
A BAARBREF EP RR TRAAOR. ABRUPT A REE.
AAREFKEH, ALAS RARER HRA RAED
The operator from the Lessor must strictly obey the Lessee’s
arrangement.Without the Lessee’s permission, it is not allowed to drive the machine
‘out. When the operator rest, the machine shall park to the place appointed by The
Lessee,S ReRAN ROBOT REM DLA. ea My
ACME A. UB, EMS. RERARPRRTRATHER,
The areas of the machine to be used includes, but is not limited to the entire
construction area of the Project. The Project construction areas include, but are not
limited to tunnels, mountain roads, and depressions. Using of the Vehicle should
strictly abide by the lessee’s requirements.
CRAKEAR. ABABA, WAAR FALE See
The lessee provides diesel. Without permission from the Lessee, the operator
from the Lessor shall not fill diesel to the machine,
TARE S OE RAL A, WALA ACRE SO RR LR. HR.
EEE
The accommodation of the operator will be beard by The Lessee.The lessor shall
bear the meal expenses , wages, labor insurance and safety of the operator.
Hy 344 WKS H FAL Other Agreement, Non-compliance Behavior and
Punishment
LAGNA, Fit RAT sk ER LTT. dsb ae
RARPRE, HOHAARBERAAER,
During the lease period, regardless of any cause of violation of traffic laws and
regulations, all types of losses and responsibilities resulting therefrom shall be borne
by the Lessor independently of the Lessee.
LSEREMAAREA ABER LERR, ARE, HA
HSMHE, AETATREHER OH AAKERANR ARERR = HHH
RE RES.
During the rental period, all the kinds of accidents that cause the damage of the
two Parties’ machine or the injury or casualty of people, the Lessor will bear all the
responsibility which includes repairing the damaged machine and compensating the
affected people as per the law.
3. ERARPA-ABRAS YEAR, EA tt
RTUAE. F-FARALOM,
If any party who violates any clause of this agreement and do not rectify it after
BmBS HAA
receiving the other party's notice within three days, then the other party has the right
to terminate this agreement.
RAL AUR ALICE RK. EMS i A PR
Om. AGAHERARRASFLURAM, SHOHABAL.‘As per The Lessee’s requirement, The Lessee has the authority to terminate this
agreement under the condition that inform the Lessor three days in advance. This lease
‘agreement will become effective after being signed by both parties and it will be end
until the rental charge is cleared,
EH AB Ar OY RS EAT BO A AB RRA Ae. ALS
RHEGHKLGKER, WRERGFLIGS 2 AAU ARERALRE,
DAMA ABR HEART AR SH oe,
If the machine can not be put into use for temporary period or permanent period
due to any reason, the lessor shall use the equivalent standard vehicle or better quality
vehicle'to replace it. Ifthe vehicle stop working for 2 days and the lessor can not change
it, thet the lessee has the right to deduct the rental payment or terminate the agreement.
AMAR AARE INA, ALMER SG. OHAARSRAME, tt
AA CRAHAAARARS, BRERA.
‘The lessee expects to rent the machine for 3 months, After the lease term is
overiif the leaser needs to continue to lease,the lessor should continue to provide
machine to the lessee and calculate the price according to the terms of this contract.
7. Seb Miscellaneous
Jy AUR AE EL AB J JE RARE SH. HARE. Fd
EMSA. AREAL (WETS RH) HAH MMM ESURE
4 30 CAMARA MA. REMI RA RAR RAL, HPL
RAR. RAAMBFVRADR PL 2016 KAPKA ABA RA ARAM
KR PRAREH LA, PRR APE, PREDARE. PRRAAR
BAR, HIF MRAWRA.
This Contract shall be construed and enforced in accordance with the laws of
Pakistan. Any dispute or controversy arising out of or in connection with this Contract,
including any question regarding its existence, validity or termination (and any non -
contractual obligations), shall be settled amicably by negotiations within thirty (30)
days from the date of dispute. Failure to reach a mutually satisfying settlement by the
Parties during such period, the dispute shall be referred to and finally resolved by
arbitration under the Arbitration Rules 2016 of National Centre for Dispute Resolution,
Pakistan, which Rules are deemed to be incorporated by reference into this Clause. The
number of arbitrators shall be one. The seat and venue, of arbitration shall be
Islamabad. The language to be use
the arbitration shall be English. The arbitration
rendered in this regard shall be binding and final upon the Parties hereto.
42H
, RAH.
Two (02) originals of this agreement shall be in force with each party retaining
‘one(01) originals.
Lessee :CGGC Mohmand Dam Hydropower Project In Pakistan
ARALTS sD ESR OYA RAS] ELE SEL MONMAND 28 3S
Legal representative or authorized representative:
a
Lessor : JADE MACHINERY PVT LTD
HAIZ7: JADE MACHINERY PVT LTD
Legal representative or authorized representative:
PERERA RUA: