Annual report 2010

9. Corporate Governance System of JSC IDGC HoldingHolding; the service fee is RUB 10,094,000,inclusive of VAT at 18% of RUB 1,539,762.71(Minutes No. 52 of December 30, 2010).Related party: member of the ManagementBoard of JSC IDGC Holding F. Binko.— Agreement between JSC IDGC Holding (theCustomer) and JSC Research and EngineeringInstitute of IDGC (the Contractor) for theprovision of services related to the preparationof the Conditions, Standards, andRequirements of Electricity Metering in theRetail Market for JSC IDGC Holding; the servicefee is RUB 3,136,000, inclusive of VAT at18% of RUB 478,372.88 (Minutes No. 52 ofDecember 30, 2010). Related party: memberof the Management Board of JSC IDGCHolding F. Binko.— Agreement between JSC IDGC Holding (theCustomer) and JSC Research and EngineeringInstitute of IDGC (the Contractor) for theprovision of services related to the preparationof the Model Technical Solutions forOrganizing Metering Systems for DistributionGrid Facilities of Subsidiaries and DependentCompanies of JSC IDGC Holding; the servicefee is RUB 2,940,000, inclusive of VAT at 18%of RUB 448,474.58 (Minutes No. 52 ofDecember 30, 2010). Related party: memberof the Management Board of JSC IDGCHolding F. Binko.In the fiscal year 2010, JSC IDGC Holding did notexecute any major transactions.In the fiscal period, members of the Board ofDirectors other than representatives of thegovernment in accordance with the requirementsof the applicable laws were remunerated.In 2010, members of the Board ofDirectors were paid remuneration of RUB2,707,056.53