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Saudl geetricity Company

Completion will be paid in full until the amount of 80% of the CONTRACT Price is
paid. Said payments by COMPANY shall not be construed as acceptance of any pare
of the WORK.

4.10

On Final Acceptance of the of the PROJECT PORTIONS and on Final Acceptance of

the WORK, and after fulfillment by CONTRACTOR of all of its duties and obligations
under this CONTRACT, CONTRACTOR shall submit to COMPANY its final invoice in
accordance with Paragraph 4.2.4 of this Schedule 'C", and its final invoice for the
WORK in accordance with Paragraph 4.2.5 of this Schedule 'C, together with the
following documents:
4.10.1 Proof satisfactory to COMPANY that all costs incurred by CONTRACTOR in
the performance of the WORK have been satisfied and paid, that there are
no unsatisfied claims or Injuries to persons or property and that no other
Indebtedness exists in connection with the WORK for which CONTRACTOR
is responsible (or if such claims or indebtedness exist, then in lieu of the
foregoing, CONTRACTOR may provide COMPANY with appropriate
information and covenants sufficient to indemnify and hold COMPANY
harmless from any liability connected with said claims or indebtedness); and

4.10.2 An affidavit or any other relevant document which COMPANY reasonably

requires as necessary. or appropriate to ensure Immunity to COMPANY from
any and ali liens or claims for which COMPANY might be or become liable
under this CONTRACT; and"
4.10.3 An accounting breakdown of the total billed costs in accordance with the
COMPANY code of accounts; and

4.10.4 If the final invoice is for the last PROJECT PORTION [either the Gas Turbine
Portion or Steam Turbine Portion] completed and for the WORK as described
in Paragraphs 4.2.4 and 4.2.5 of this Schedule C", a proof satisfactory to
COMPANY that all COMPANY Identification Cards furnished to CONTRACTOR
under this CONTRACT have been returned to COMPANY's Industrial Security
Department, and
4.10.5 If the final Invoice Is for the last PROJECT PORTION [either the Gas Turbine
Portion or Steam Turbine Portion] completed and for the WORK as described
in Paragraphs 4.2.4 and 4.2.5 of this Schedule "C", releases to COMPANY
from CONTRACTOR by execution of the Final Receipt and Release
Agreement (Form #15076) and from each SUBCONTRACTOR or assignee
under this CONTRACT, discharging COMPANY from all liabilities, obligations
and claims arising out of or under this CONTRACT, except for final payment.
After COMPANY's receipt of the foregoing documents and after all adjustments tc
CONTRACT Price and all unsettled matters under this CONTRACT have been
disposed, and after verification of CONTRACTOR's final invoice, COMPANY shall pay
CONTRACTOR all outstanding sums properly payable. For purposes of thiS
paragraph, "adjustments" shall mean adjustments as provided for under the terms
of the CONTRACT"; and "Unsettied matters" shall exclude disputes under the
warranty provisions.
4.11

Pursuant to Paragraph 31.2 of Schedule "A" of this CONTRACT, COMPANY will

deduct an amount equal to [5%% J from each and every Non-Resident
CONTRACTOR's invoice.

C-8
Qurayyah Combined Cycle Power Plant, Extension 1 [Block 6J