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Annual report 2007 - Magnitogorsk Iron & Steel Works ...

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210<br />

• metal scrap price in accordance with the Contractual price negotiation memorandum (Additional Price Agreement).<br />

There are no beneficiaries under the transaction.<br />

The following persons are recognized as interested or related parties with respect to the company’s transaction: Rashnikov V.F.,<br />

Senichev G.S., Takhautdinov R.S.<br />

The Body which approved the transaction is the Board of Directors of OJSC MMK.<br />

141) Additional Agreement on prolongation of Paid Services Agreement # 121159 between OJSC MMK and CJSC Profit on the<br />

following terms:<br />

• subject – provision of information services;<br />

• validity period – till 31.12.2010. The Agreement shall be considered prolonged for next year if no party declares its intention<br />

to terminate or review its terms at least 30 days prior to the validity period of the Agreement;<br />

• settlement procedure – by actual rendered services within 15 days from the receipt of invoice;<br />

• price at the rate of services cost with a margin of 25%.<br />

There are no beneficiaries under the transaction.<br />

The following persons are recognized as interested or related parties with respect to the company’s transaction: Rashnikov V.F.,<br />

Senichev G.S., Takhautdinov R.S.<br />

The Body which approved the transaction is the Board of Directors of OJSC MMK.<br />

142) Paid Services Agreement # 160012 between OJSC MMK and OJSC MTzOZ on the following terms:<br />

•<br />

•<br />

•<br />

•<br />

subject – provision of transport services;<br />

settlement procedure – monthly prepayment at least 5 days prior to provision of services;<br />

validity period – till 31.12.2010. The Agreement shall be considered prolonged for next year on the earlier agreed terms<br />

and conditions if no party declares its intention to terminate or review its terms or to conclude a new agreement at least 1<br />

month prior to the validity period of the Agreement;<br />

price at the rate of services cost with a margin of 5%.<br />

There are no beneficiaries under the transaction.<br />

The following persons are recognized as interested or related parties with respect to the company’s transaction: Rashnikov V.F.,<br />

Senichev G.S., Takhautdinov R.S.<br />

The Body which approved the transaction is the Board of Directors of OJSC MMK.<br />

143) Supply Agreement # 160027 between OJSC MMK and OJSC MTzOZ on the following terms:<br />

•<br />

•<br />

•<br />

•<br />

•<br />

subject – supply of natural gas;<br />

scope of supply – according to OJSC MTzOZ order;<br />

validity period – till 31.12.2008. The Agreement shall be considered prolonged for next year on the earlier agreed terms<br />

and conditions if no party declares its intention to terminate or review its terms or to conclude a new agreement at least 2<br />

months prior to the validity period of the Agreement;<br />

settlement procedure – prepayment;<br />

price is determined according to commercial supplier’s prices and natural gar transport tariff established by the<br />

Government.<br />

There are no beneficiaries under the transaction.<br />

The following persons are recognized as interested or related parties with respect to the company’s transaction: Rashnikov V.F.,<br />

Senichev G.S., Takhautdinov R.S.<br />

The Body which approved the transaction is the Board of Directors of OJSC MMK.<br />

144) Additional Agreement on prolongation of Paid Services Agreement # 151308 between OJSC MMK and OJSC MTzOZ on the<br />

following terms:<br />

• subject – maintenance of railway post, Tsementny, for OJSC MMK train performance;<br />

• settlement procedure – monthly according to invoice and acceptance certificate at least 10th of the month next to the<br />

<strong>report</strong>ing month;<br />

• validity period – till 31.12.2010. The Agreement shall be considered prolonged for next year if no party declares its intention<br />

to terminate it at least 10 days prior to the validity period;<br />

• price at the rate of RUR 53 256 per month.<br />

There are no beneficiaries under the transaction.<br />

The following persons are recognized as interested or related parties with respect to the company’s transaction: Rashnikov V.F.,<br />

Senichev G.S., Takhautdinov R.S.<br />

The Body which approved the transaction is the Board of Directors of OJSC MMK.<br />

145) Additional Agreement on prolongation of Work Agreement # 140984 between OJSC MMK and OJSC MTzOZ on the<br />

following terms:

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