Standard Form

SALE CONTRACT FOR PETROLEUM PRODUCTS
PAID BY NIS CD FUEL CARDS

Concluded inBelgrade on ______20___ byand between:
1."NIS" j.s.c. Novi Sad, NarodnogFronta 12, Novi Sad, the SALES AND DISTRIBUTION, MilentijaPopovicA 1, Belgrade, phone: 011/311-33-11, registration number: 20084693, registered in the Business Register in Belgrade, registration number: BD 93824/2005, activity code number: 0610, current account number: 160-211974-86with the bank – BancaIntesa, VAT: 104052135, which is represented through the Power of Attorney No______as of ______by ______(hereinafter referred to as the Seller)

2.______,address: ______, phone: ______, registration number : ______, activity code number: ______, VAT: ______, represented by ______(hereinafter to as the Buyer)
I SUBJECT MATTER OF THE CONTRACT AND CONDITIONS OF SALE

Article1

Subject of the Agreement is the purchase or sale of petroleum products and other goods and services using NIS CD Card for the payment of Seller’s fuel (hereinafter the Card).

The Seller shall deliver to the Buyer petroleum products at Seller’s petrol stations. List of Seller'spublic filling stations is published on the Seller’s website:

Article2

Having signed this Agreement, the Buyer shall accept all the rights and obligations under the General Rules, which are an integral part of this Agreement and are uploaded on Seller’s website:

II PRICE

Article 3

Prices of petroleum products, other goods and services shall be determined by Seller’s decisions in accordance with the movement of market prices for petroleum products in the Republic of Serbia.

Supplied petroleum products, other goods and services the Seller will invoice against the Buyer for the price applicable on the date of delivery, which shall include the date of petroleum products takeover by the Buyer as well as other goods and services at Seller's gas stations.

III TERMS AND PAYMENT

Article 4

The Buyer shall determine the amount and payment schedule onthe Card-use account.

The Buyer shall pay RSD funds on the Seller's current account No 160-211974-86with the bank BancaIntesa.
Before the payment the Buyer shall be obliged to enclose to the Seller the Form No SNPDV/SNA, or Form LNPDV/LNA.

On the basis of the payments made, the Buyershall be given an advance account at the end of the month.

Article 5

The Buyer may takeover petroleum products paid by the Card up to the amount in litres approved after advance payment on Seller’s current account.

Article 6

The Seller shall enclose to the Buyer the final invoice for delivered petroleum products, once a month, together with specifications about transactions made through the card, by vehicle types.

In case the received goods at the end of the month are beyond the funds paid, the final invoice shall show the amount needed to be paid immediately, or at latest within 5 (five) working days, where the legal default interest shall be calculated on a monthly basisfrom the date of the invoice delivery until the debt settlement.

The Buyer shall be obliged to pay the monthly calculated interest within (eight) days from the date of the interest calculation delivery.

IV CONTRACT DURATION

Article 7

The Contract shall be concluded for an indefinite period of time as of the date of its conclusion according to Article 10. Unless within thirty (30 ) calendar days prior to the expiry of the Agreement one of the Parties notifies in writing the other Party of the fact that it wishes not to extend this Contract, its validity period shall be extended for each subsequent year, under the same conditions.

In the event that any of the provisions, or any of the attachments to this Agreement ceases to be in compliance with applicable laws and regulations, or the rules and decisions of the Seller, the activities under this Agreement shall be governed by the Seller’s valid regulations or rules and decisions.

The Seller shall be obliged to inform the Buyer about the changes under the previous paragraph of this Article by a written notice within five (5) working days from the date when they became valid.

X FINAL PROVISIONS

Article 8

In case of a possible dispute the Contracting Parties shall agree the jurisdiction of the Commercial Court in Novi Sad.

Article 9

For all not provided under this Agreement, the provisions of the Contractual Relations Actand other legislation pertaining to the subject of the Contract shall apply.

Article 10

This Contract shall be deemed concluded on the date when the signatures of authorized representatives of both parties are put, and if authorized representatives do not sign it on the same day, the contract shall be considered concluded on the date when the second signature was put, in chronological order.

Article 11

The Seller shall reserve the right not to deliver petroleum products in situations arising from technological or manufacturing, or business and operational problems.

The Seller shall not be liable for any damagespossibly suffered on this basis by theBuyer.

Article 12

The following documents are an integral part of this Agreement:

- General Rules (
- Appendix 1: Specification of Vehicles for the Issuance of NISCD Fuel Cards
- Annex 2 : Request for the Issuance of NIS CD Fuel Cards
- Annex 3: Protocol of the Delivery of NIS CD Fuel Cards

Article 13

This Agreement is executed in two (2) original copies, one (1) for each party.
S E L L E R BUYER
______

[name and function] [name and function]

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