Annual report 2010

77. Approval of the a greement fo r se rvices in re lation t o fo rmulating theGuidelines f or D rawing u p Loss R eduction P rograms f or J SC I DGC H oldingbetween JSC ID GC Holding and OAO Re search En gineering Cen ter ofInterregional Distribution Grid Companies (NIITs MRSK), which is a related partytransaction.IT WAS RESOLVED AS FOLLOWS:The related party transaction, namely the agreement for services in relationto for mulating t he Guidelines for Drawing up L oss Reduction Programs for J SCIDGC Holding (hereinafter, t he “Agreement”), shall be approved subject to thefollowing terms and conditions:Parties t o t he A greement: JSC I DGC Ho lding (“Customer”) and OAOResearch Engineering Center of Interregional Distribution Grid Companies (NIITsMRSK) (“Contractor”).Subject mat ter of t he A greement: under t he A greement, the C ustomerengages the Contractor, and the Contractor agrees, to provide services in relation toformulating the Guidelines for Drawing up Loss Reduction Programs for JSCIDGC Holding.Price of s ervices under the Agreement: nine million, eight hundred ninetyeightthousand (9,898,000) rubles and 00 kopecks, inclusive of 18% VAT of onemillion, five hu ndred nine thousand, eight hu ndred s ixty-four ( 1,509,864) rublesand 41 kopecks.Term of t he A greement: the A greement be comes e ffective a s of i tsexecution a nd re mains in full f orce a nd e ffect un til t he Pa rties p erform t heirrespective obligations under the Agreement.S. I. Shmatko, 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 una nimously by independent directors who w ere no t re latedparties to the transaction.8. Approval o f t he a greement fo r se rvices i n re lation t o formulating t heProgram of Energy Con servation and En ergy Efficiency Enhan cement and t heProgram Implementation Plan for JSC IDGC Holding between JSC IDGC Holdingand OAO Research Engineering Center of Interregional Distribution GridCompanies (NIITs MRSK), which is a related party transaction.IT WAS RESOLVED AS FOLLOWS:The related party transaction, namely the agreement for services in relationto f ormulating the Pr ogram o f Energy Co nservation an d En ergy Ef ficiencyEnhancement and the Program Im plementation Pl an f or J SC I DGC H olding