Annual report 2010

5connection with mobilization training, civil defense, and the protection of nationalsecurity i nformation for t he b ase y ear 2000, continue with JS C ID GC H olding’sorganization of activities i n c onnection w ith mobilization t raining a ndmobilization.S. I. Shmatko, N. N. Shvets, S. R. Borisov, V. A. Gulyaev,V. M. Kravchenko, V. V. Kudryavy, G. P. Kutovoy, S. V. Maslov, S. Remes,S. V. Serebryannikov, V. V. Tatsiy, A. P. Terekhov, V. N. Titov, and I. V. Khvalinvoted “For.”Approved unanimously.6. Approval of the nonresidential sublease agreement to be entered into byand between JSC IDGC Holding and OAO IDGC of the North Caucasus, which isa related party transaction.IT WAS RESOLVED AS FOLLOWS:The nonresidential sublease agreement to be entered into by and betweenJSC ID GC H olding a nd O AO ID GC of t he N orth C aucasus (hereinafter, t he“Agreement”), which is a related party transaction, shall be approved subject to thefollowing material terms and conditions:Parties to the Agreement:JSC IDGC Holding as the TenantOAO IDGC of the North Caucasus as the SubtenantSubject matter of the Agreement:The Tenant agrees to provide the nonresidential premises with a total areaof twenty-two (22) square meters, located on level 6 in room 12 of premises No. IIin t he bu ilding a t: Moscow, Ulansky pe reulok, 2 6, str. 1, for the Su btenant’stemporary possession and use, and the Subtenant agrees to accept such premises,temporarily possess and use them, and pay the rent in accordance with the termsand conditions of the Agreement.Sublease term for the premises:The sublease term for the premises under the Agreement shall be from theexecution by the Parties of the Agreement to and including September 15, 2011.Price of the Agreement:The P arties agr ee t hat t he r ent for each cal endar mon th of t he t emporarypossession a nd u se of the n onresidential p remises u nder the Agreement sha ll b eforty thousand ( 40,000) rubles and 00 kopecks, inclusive of 1 8% V AT of sixthousand, one hundred one (6,101) rubles and 69 kopecks.S. I. Shmatko, S. R. Borisov, V. A. Gulyaev, V. M. Kravchenko,V. V. Kudryavy, G. P. Kutovoy, S. V. Maslov, S. Remes, S. V. Serebryannikov,V. V. Tatsiy, A. P. Terekhov, V. N. Titov, and I. V. Khvalin voted “For.”N. N. Shvets, failing to be an independent director, did not participate in thevoting.Approved by a m ajority of votes of i ndependent di rectors w ho w ere n otrelated parties to the transaction.