Legal Proposal

• Contractor will sign an agreement with MOC on such

expense (“Agreement”).

• All performing contracts of social contributions

projects shall be executed by CNOOC Iraq Limited until
they’re accomplished.

• All rights and obligations of CNOOC Iraq Limited under

awarded but not performed contracts shall be
transferred to MOC.
 Legal Proposal
• Contractor shall allocate no more than USD 5 million
(“Expense”) annually to support social contributions in
Missan Oil Fields and Missan Governorate, and this
allocation can be recovered as Petroleum Costs as per
PCLD’s instruction.

• Contractor shall enter into commitment of allocating

Expense ONLY. MOC shall provide the budget and
supported information of social service projects to
CNOOC Iraq Limited, who is on behalf of Contractor as
the Lead Contractor, for review and approval.
 Legal Proposal
• After the budget is approved, MOC shall provide debit
notes and all supporting documents upon payment of
Expenses, Contractor shall allocate Expense to MOC.

• Once Contractor paid Expense to MOC, Expense shall

be recovered as Petroleum Costs at earliest, but the
amount of Expense is in addition to other recoverable
Petroleum Costs under TSC.
 Legal Proposal
• MOC shall be liable and assume sole and full
responsibility for the project procurement activities,
project contract signing and implementation,
fulfillment of its obligation under the project contract
and project management, etc.

• Contractor shall not undertake joint and several liability

for MOC.
 Legal Proposal
• MOC shall irrevocably commit that Expense is
recoverable at earliest, and it shall not be affected by
any other reason or any change in any applicable law,
regulations, decrees, instructions, etc. Otherwise MOC
shall be bear the legal liability and compensation
liability.

• Expense could not be accumulated.

• Social Contribution Implementation Procedure of FOD

shall be revoked at the time Agreement is signed.
 Legal Suggestion
1. 需要考虑对TPM的必要通知和沟通。

2. 建议在起草合同文本时，不体现social contributions的字眼，淡化处
理。一者一旦界定为社会贡献，从有限公司作为上市公司角度来说，
存在相关的审批程序和要求，可能引来不必要的麻烦；二者如果将
来所对应的工程项目出了问题，可能MOC或米桑省政府会把责任推
给CNOOC Iraq，说这是CNOOC Iraq的社会贡献项目。

3. 可以考虑把石油部相关信函作为附件，在条款中只明确双方确认本
合同义务的履行即实现了对附件信函相关要求（不是义务）的完成。

4. 关于年度500万美元的总额及支付控制机制，请工程、财务等部门提
供意见。比如如果项目进度导致可能当年超过500万美元，如何处理？
是一次性支付预算费用，还是按照进度支付？是否只要对方开具
Debit Notes我们就支付，不做任何票据审核、不控制使用方向？
 Legal Suggestion
5. 考虑合同在何种条件下自动终止（TSC到期或被终止），以及我方在
何种情况下有权终止合同？首先是一般性的，比如MOC违反该合同
项下义务；其次一些特别的考虑，如出现任何一笔款项无法回收等
情况；再者如前所述，该协议将每年500万支出从实际做法变成我方
义务，因此应该赋予我方任意终止权，以便于将来我方不同意继续
支出、或者不同意按此方式支付而改由其他方式时能够随时退出。

6. 该协议的签署，虽然一方面将相关的义务和责任转给了MOC，但另
一方面也导致原本只是按照石油部和伊方要求开展相关项目和支出
费用的事实做法，通过合同文本的方式变成了我方的义务。也就是
说，在签署该协议之前，我方虽然也实际上这么做，但从来没有认
可这是Contractor的一项义务，而一旦签署该协议，则将转化为我方
的合同义务。