PLANT CONSTRUCTION CONTRACT

　　article 10-inspection

　　1. without limiting the contractor''s liabilities the contractor will at his own expense take out the following insurance:

　　a. transportation insurance on the machine and equipment from its deliveryex works to arrival at the site.

　　b. workers compensation insurance for all contractor''s and subcontractor''s employees engaged or similar statutory social insurance in accordance with the applicable laws and regulations.

　　c. product liability insurance against damage to property or injury to persons until the end of the maintenance period in the sum not less that (amount) us dollars per occurrence.

　　d. comprehensive automobile liability insurance in respect of all vehicles used by the contractor or his sub-contractor in connection with his contract.

　　2. the aforesaid policies of insurance will be taken out in the names of the contractor and its sub-contractors, the owner, their engineer, consultant and employees and agents as the joint insured and the policies shall contain a waiver of insurer''s rights of subrogation against the owner, its engineer, consultant and employees and agents.

　　3. the contractor shall maintain the aforesaid policies in full force and effect until the discharge of his obligations under this contract, and the owner shall have the right to demand from time to time copies of the policies, endorsements and renewals and receipts for payment of insurance premiums. if the contractor fails to maintain any of these policies in full force and effect, the owner shall have the right to rake out such policies and pay all relative premiums on behalf of the contractor and to deduct the relevant costs from and sums owing to the contractor.

　　article 11-inspection

　　1. on completion of all construction and erection work of the plant, the contractor shall inform the owner and shall carry out mechanical erection completion tests specified in appendix  to the satisfaction of the owner.

　　2. on satisfactory completion of such tests the owner will issue a certificate of completion of erection of the plant. no feedstock shall be fed into the plant until a certificate of completion of erection has been issued.

　　3. in the event of minor deficiencies in the construction and erection work which do not prevent erection completion and/or in the event of defects revealed by the tests which do not prevent the start-up of the plant, the owner shall issue a certificate of completion of erection and the contractor shall be obliged to rectify the deficiencies as quickly as possible thereafter.