Annual report 2010

9hundred seventy-eight thousand, three h undred seventy-two (478,372) rubles and88 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.10. Approval of t he agreement fo r services in r elation t o formulating t heModel Technical Solutions for Organizing Metering Systems for Distribution GridFacilities of Su bsidiaries a nd Dependent C ompanies of JSC ID GC Holdingbetween 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 formulating the Model Technical Solutions for Organizing Metering Systems forDistribution Grid Facilities of Subsidiaries and Dependent Companies of JSCIDGC Holding (hereinafter, t he “Agreement”), sha ll be a pproved subject to t hefollowing terms and conditions:Parties t o t he 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 t he M odel Technical So lutions for O rganizing Metering Systems fo rDistribution Grid Facilities of Subsidiaries and Dependent Companies of JSCIDGC Holding.Price of services u nder t he Agreement: two million, nine hu ndred fortythousand (2,940,000) rubles a nd 00 kopecks, inclusive of 18% VAT of fourhundred forty-eight thousand, four hundred seventy-four (448,474) rubles and 58kopecks.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.”