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11.2. Expiration of Contract.Unless terminated earlier pursuant to Clause 11.4, this Contract shall beterminated on ……………………… .11.3. Force Majeure.a) Neither PPC S.A. nor the Contractor shall be responsible for any failureor delay in the performance of this Contract caused by Force Majeure.b) The term «Force Majeure» shall mean unavoidable causes beyond thecontrol of, and arising without the fault or negligence of PPC S.A. andthe Contractor and which events could not have been foreseen orprevented, whatever diligence might have been exercised by a diligentand wise party to this Contract, and preventing either party fromperforming its obligations under the present Contract.c) In case either party considers that an event of Force Majeure has takenplace that has rendered it unable to perform its obligations under thisContract, it must duly and promptly notify the other party of such anevent, and within ten calendars days from the cessation of such anevent, both parties shall mutually decide upon the necessary timeextension.d) It is specifically agreed that causes of Force Majeure, if any, affecting theperformance of this Contract, are acceptable only as causes of delay withproportional prolongation of the time schedule and not as basis forcompensating either party, and will not, therefore, constitute cause forpayment of any amount due to Force Majeure.e) The Contractor and PPC S.A. each reserve the right to terminate thisContract as a result of Force Majeure which exceeds a continuous periodof three calendar weeks, by giving prior notice in writing to the otherparty at least two calendar weeks prior to the effective date oftermination. In such a case neither party shall have any claimwhatsoever as a result of the termination and all payments made to theContractor up to the date of termination shall be readjusted inproportion to the work performed.11.4. Notice of Termination.11.4.1. By the Client.All the Client’s rights deriving from the other provisions of the Contractbeing reserved, the Client may terminate this Contract, by not less thanten (10) calendar days’ written notice of termination to the Consultant, tobe given after the occurrence of any of the events specified in paragraphs(a) through (e) of this Clause:a) In the event that the Contractor/Consultant has breached any of theterms and conditions of this Contract, all of which are expresslyagreed as being equally essential, PPC S.A. shall terminate thecontract, upon written notice to the Contractor. In case of such noticeof termination, the Letter of Guarantee referred to in Article 14 of thisContract shall be forfeited in favour of PPC S.A., and moreover theContractor/Consultant shall be obliged to compensate any loss thatPPC S.A. has incurred, irrespective of the forfeiture.42/53
) If the Consultant do not remedy a failure in the performance or hisobligations under the Contract, within ten (10) calendar days afterbeing notified or within any further period as the Client may havesubsequently approved in writingc) If the Consultant become insolvent or bankrupt or if they are putunder forced administration or the Consultant have substitutedthemselves, in whole or in part in the performance of the Contract byany third partyd) If, as the result of Force Majeure, the Consultant are unable toperform a material portion of the Services for a period of not lessthan twenty (20) calendar days ore) If the Client, in its sole discretion, decides to terminate this Contract.In case of termination pursuant to paragraph (b) of this Clause, theConsultant shall be liable against the Client for any and all directdamages actually sustained by the Client in relation to such terminationof the Contract to the extent caused by the Consultant’s fault. In noevent shall the Consultant be responsible for any indirect, incidental orconsequential damages.11.4.2. By the Consultant.The Consultant may terminate this Contract, by not less than ten (10)calendar days’ written notice to the Client, such notice to be given afterthe occurrence of any of the events specified in paragraphs (a) and (b) ofthis Clause:a) If the Client fails to make payments due to the Consultant withinforty-five (45) calendar days after receiving written notice from theConsultant that such payment is overdue; orb) If, as the result of Force Majeure, the Consultant is unable to performa material portion of the Services for a period of not less than twenty(20) calendar days.11.4.3. Payment upon Termination.Upon termination of this Contract pursuant to Clauses 11.4.1. or 11.4.2,the Client shall make the following payments to the Consultant:a) Remuneration pursuant to Articles 8 and 9 of this Contract forServices satisfactorily performed prior to the effective date oftermination in accordance with the terms of this Contract.b) Except in the case of termination pursuant to paragraphs (a) and (b)of Clause 11.4.1, reimbursement of any reasonable cost incident tothe prompt and orderly termination of the Contract taking intoaccount any advance payment. Any other claim of the Contractor isexcluded.11.5. Suspension.The Client may, by written notice of suspension to the Consultant, suspendall subsequent payments to the Consultant hereunder if the Consultant failto perform any of his obligations under this Contract, including the carrying43/53
Page 1 and 2: PUBLIC POWER CORPORATION S.A.Supply
Page 5 and 6: 104 32 Athens, GREECEPhone numbers:
Page 9 and 10: 4. Large Customers Department, havi
Page 11 and 12: the new existing organizational sch
Page 15 and 16: 2.3. No breakdown of the total cost
Page 17 and 18: in his country of establishment, in
Page 19 and 20: o Detailed description of the organ
Page 21 and 22: as “Formally not Accepted” but
Page 23 and 24: Αs “Technically not Accepted”
Page 25 and 26: 8.4.3. In case competition was inad
Page 27 and 28: The Bidder’s delay in delivering
Page 29 and 30: We further declare that our present
Page 31 and 32: SPECIMEN CBIDDER’S ACCEPTANCE OF
Page 33 and 34: SPECIMEN EGOOD PERFORMANCE LETTER O
Page 35: PUBLIC POWER CORPORATION S.A.Supply
Page 38 and 39: e-mail: ……In case of e-mail or
Page 40 and 41: The Consultant shall obtain the Cli
Page 44: out of the Services, provided that
Page 47 and 48: Liability is confined to compensati
Page 53: (a) stop, forthwith, using the Conf

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