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THE GOVERNMENT OF [ ]
This PERFORMANCE CONTRACT ("this Contract") is made this [ ] day of [ ]
THE GOVERNMENT OF [ ] ("Government") represented and acting through its
MINISTRY OF FINANCE ("MOF") AND MINISTRY OF ENERGY ("MOE") of the one part
[ ] ("Power Company") of the other.
The Government is a shareholder in the Power Company through [ ].
Power Company is a state corporation within the meaning of [LEGISLATION] and as such falls
within the official mandate of MOE.
Government through MOF and MOE has agreed to enter into this contract with Power Company
so as to enable Power Company attain maximum performance consistent with its role and
objectives of generating electricity in [COUNTRY] at cost effective prices for sale to the
NOW THEREFORE IT IS HEREBY AGREED AS FOLLOWS:
ARTICLE 1: DEFINITIONS
Wherever used in this Contract, unless the context shall otherwise require the several terms used
herein shall have the following meanings:
1.1 "Government" means [ ]and includes the Ministry of Energy, the Ministry of Finance,
as well as other Ministries, and/or departments, either acting jointly or severally.
1.2 "Power Company" means [ ].
1.3 The "Board of Directors" means the Board of Directors of Power Company as duly
constituted under its registered Articles of Association in accordance with the relevant provisions
of the [COMPANIES LEGISLATION].