Annual report 2010

8(hereinafter, t he “ Agreement”), shall be a pproved subject t o t he following t ermsand conditions:Parties to the Agreement: JSC IDGC Holding (“Customer”) and OAOResearch Engineering Center of Interregional Distribution Grid Companies (NIITsMRSK) (“Contractor”).Subject mat ter o f t he A greement: under t he A greement, t he Cu stomerengages the Contractor, and the Contractor agrees, to provide services in relation toformulating t he Pr ogram of Energy Co nservation an d En ergy Ef ficiencyEnhancement and the Program Implementation Plan for JSC IDGC Holding.Price of s ervices under t he A greement: ten million, ninety-four thousand(10,094,000) rubles and 00 kopecks, inclusive of 18% VAT of one million, fivehundred thirty-nine thousand, seven hundred sixty-two (1,539,762) rubles and 71kopecks.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.9. Approval of the a greement fo r se rvices in re lation to fo rmulating theConditions, Standards, a nd R equirements of Electricity M etering i n the RetailMarket for JSC I DGC H olding between JSC ID GC H olding and OAO Res earchEngineering Center of Interregional Distribution Grid Companies (NIITs MRSK),which is a related party transaction.IT WAS RESOLVED AS FOLLOWS:The related party transaction, namely the agreement for services in relationto formulating the Conditions, Standards, and Requirements of Electricity Meteringin the Retail Market for JSC IDGC Holding (hereinafter, the “Agreement”), shallbe approved subject to the following terms and conditions:Parties to the A greement: JSC I DGC H olding (“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 Conditions, Standards, and Requirements of Electricity Metering inthe Retail Market for JSC IDGC Holding.Price of services under the Agreement: three million, one hundred thirty-sixthousand (3,136,000) r ubles and 00 ko pecks, inclusive of 18% VAT of four