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FF, 1919 822 000i PRODUCT AGREEMENT Nr 03/R
TO THE CONSULTING AGREEMENT DATED JANUARY 6, 1994 (the Agreement)
between: SOFRESA with its principal place of business at SAINT-CLOUD (92) -FRANCE-
and:
(the Company),
RABOR ANSTALT nith its principal place of business at VADUZ -
LIECHTENSTEIN, Consultant of the Company for all sales of products and services to
the Customer pursuant to the Agreement (the Consultant),
“The Products and Services, as defined in clause | of the Agreement covered by this Product
Agreement, are :
_ COUGAR helicopters and associated equipment (SARIG Operation),
‘The Customer, as defined in clause | of the Agreement, is : Ministry of Defence and Aviation of
the Kingdom of Saudi Arabia (Royal Saudi Air Forces).
‘The compensation rates are:
4% (four percent) calculated on the total value of the sales contract parts of the Products,
2% (two percent) calculated on the total value of the sales contract parts of the services,
“The payment schedule of the compensation is indicated in annex | of this product agreement.
Should the total value of the Sales Contracts of the Products and Services on which the Payment
‘Schedule of the Compensation in annex 1 is based be modified, the amount of each installment
mentioned in the Payment Schedule of the Compensation will automatically be modified prorata
such modification of the total value of the Sales Contracts of the Products and Services.
This annex 1 has been agreed on the basis of clause 5 ¢) of the Agreement and, in particular,
paragraphs 3 and 4 which indicate that the receipts of payments for the purposes of making
prorata payments to the consultant shall mean the actual receipt or credit of payments regardless
Sf whether the receipts are in the form of advances, down payments, progress payments or any
other form and that as the payment of the Sales Contracts of the Products and Services is
financed, the consultant's compensation shall be paid proportionally to the delivery schedule as
financed and not proportionally to actual installments by or for the account of the Customer.
‘As provided for in the Agreement, the Compensation Rate indicated in this Product Agreement
Shall be paid to the Consultant’ in accordance with the payment schedule and procedures
established by the above Payment Schedule of the Compensation for any additional contract for
Similar or related products and services, any add-ons, extensions or supplements to the Sales
Contracts of the Products and Services.As for the Agreement and for all Sales Contracts of Products and Services to the Customer and
their related Product Agreements, if any, the Company undertakes fo enter into all requested
agreements with all parties supplying the Products and Services to the Customer, without delay,
so that all such parties are bound by the terms and conditions of this Product Agreement in order
that it is fully and duly respected by all parties concerned and their successor(s), if any, during all.
its duration.
Executed to be effective the ....... day of. 1996
By By