CONTRACT No. ______

For Participation in (name of Exhibition)

Moscow………………………… ______

AO EXPOCENTRE, a proprietary shareholding company (“joint stock company” in local terms) under the Russian Law, hereunder: AO EXPOCENTRE, represented by ______acting on its behalf authorized by Power of Attorney No. of ______on one side and ______, hereunder: EXHIBITOR, represented by ______acting on its behalf authorized by ______on the other side, hereunder: Parties, if referred to jointly, have hereby concluded this CONTRACT as follows:

1.  AO EXPOCENTRE shall make available exhibition premises (Space) at: 14, Krasnopresnenskaya Nab., Moscow, to the EXHIBITOR for the period of build up, running and dismantling of the ______Exhibition from ______200_ to ______200_ . Above exhibition Space is being provided for temporary use (lease) against payment as detailed in the table below:

Title / Unit of Measure. / Size in Units of Measure / Rate in Euros per Unit of Measure (VAT of 18% excluded) / Insurance premium in EUROS per 1 sq.m (VAT not charged) / Pav. No.
Hall No.
Floor:
(Stand No.)
Raw Space, indoors / Sq.m
Shell-scheme booth, indoors / Sq.m
Raw space, outdoors / Sq.m / Block No.
2nd Level of a double-deck booth / Sq.m
Rent of fire detector / Sq.m
Registration Fee / (currency units)

The rent charged is deemed to include payment for a range of services available to EXHIBITOR. Any additional services over and above the range covered by the rent are subject to separate ordering and additional payment.

Appropriate Acts executed by authorized representatives of the Parties shall document the services rendered.

2.  EXHIBITOR shall pay in advance in favor of AO EXPOCENTRE sufficient amounts to cover full rent agreed under Para. 1 above for the lease of exhibition Space, registration fee, VAT and the total insurance premium due (Paragraph 14.1 of the General Terms of Participation in Exhibitions Held at Expocentre Fairgrounds), as well as full value of any additional services, if ordered for the Display.

The EXHIBITOR shall make any payments under this Contract in Euros. The amounts being paid shall be remitted into a nominated hard currency account of AO EXPOCENTRE against

invoices issued by AO EXPOCENTRE within the dates specified in the invoice (alternative version: “ within the following time deadlines:……”)

As payments are processed by respective banks, commission amounts charged by the bank of EXHIBITOR shall be to EXHIBITOR’s account. Any commission amounts charged by intermediary banks shall be to AO EXPOCENTRE’s account.

The value of the Contract may change, subject to the value of services provided against orders from EXHIBITOR confirmed by respective Acts covering work performed.

Should payments be delayed from EXHIBITOR, AO EXPOCENTRE shall be entitled to claim payment of penalty from EXHIBITOR at the rate of 0.1% applied to amounts overdue for every day of the delay.

3.  Should EXHIBITOR decide to withdraw from participation in the Exhibition or reduce exhibition Space previously ordered, EXHIBITOR shall pay AO EXPOCENTRE penalty as follows:

·  If withdrawal happens after the Contract has been signed, the penalty shall be 100% of the total rent value as specified in the Contract;

·  Should exhibition Space be reduced against initial order by less than 50% before ______200__ , the penalty shall be 50% of the value of rent applied to the area of exhibition Space by which initially booked Space was reduced;

·  Should exhibition Space reduction be by 50% or over, or in the event of any reduction occurring after ______200__, the penalty shall be 100% of the value of rent applied to the area of exhibition Space by which initially booked Space was reduced.

4.  Issues not covered by this Contract shall be subject to the General Terms of Participation in Exhibitions held at EXPOCENTRE Fairgrounds as approved by the Order of ZAO EXPOCENTRE General Director No. 116 of November 30, 2004 deemed as integral part of this Contract with all its subsequent amendments.

The EXHIBITOR has read and hereby accepts the General Terms of Participation in Exhibitions held at EXPOCENTRE Fairgrounds with all its supplements including the Rates for Services Provided at Exhibitions held at EXPOCENTRE Fairgrounds as approved by Order of the General Director of ZAO EXPOCENTRE No. 13 of February 14, 2005 with subsequent amendments.

5.  All disputes, disagreements and claims arising from this Contract or in connection with the said, including those connected with its coming into force, conclusion, alteration, performance, violation, termination or invalidity, shall be settled by the International Commercial Arbitration Court at the Russian Federation Chamber of Commerce and Industry in accordance with its applicable rules and regulations. Arbitral Award shall be final and binding upon the Parties.

It is excluded to file the application to the State Court regarding the lack of the Arbitral Court competence on the basis of the fact that the Arbitral Court rendered the separate decision regarding the availability of its competence as a preliminary matter. The applicable law shall be the Russian Material law.

6.  The Contract may be executed and/or other documents exchanged by facsimile transmissions and electronic mail with mandatory back up dispatch of originals of the e-mailed/faxed copies. EXHIBITOR warrants to AO EXPOCENTRE that originals of the executed Contract and other executed documents will be forwarded to AO EXPOCENTRE by registered mail with notification or a courier within five days of execution.

7.  The present Contract shall come into force on the date of signing by the Parties and shall be valid up to and including «_____» ______20___. The Parties have agreed that all the obligations under the present Contract including settlement of accounts and signing of Acceptance Certificates shall be fulfilled within the terms specified in the relevant Clauses of the Contract. In any case all the obligations under the present Contract shall be fulfilled up to and including «______» ______20___ , and the Party guilty of missing a deadline for performance of obligations under the relevant Clauses of the Contract may be held liable thereof.

8.  ADDRESSES AND BANKING DETAILS OF THE PARTIES

AO «EXPOCENTRE»
Krasnopresnenskaya nab., 14,
Moscow, Russia, 123100
Registration No. 1027700167153
Bank address______
S.W.I.F.T.______/
(Full name of the EXHIBITOR,
location, legal address),
No. of state registration______
Bank address______
S.W.I.F.T.______

SIGNED SIGNED

For and on behalf of For and on behalf of

AO EXPOCENTRE ______

______

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AO EXPOCENTRE______EXHIBITOR ______