Common use of Additional Obligations of the Contractor Clause in Contracts

Additional Obligations of the Contractor. In addition to the other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Plan, the Development Plan and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (e) Obtain on a timely basis all Materials required for the Petroleum Activities and ensure they are adequate for their purpose; (f) Be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (k) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed by the Ministry of Energy; (l) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (m) Adequately plug Xxxxx prior to their Abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Laws; (n) Facilitate inspections by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Information, and provide such representatives, at no cost, with all the necessary assistance to exercise their entitlements under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (o) Comply with requests for information from the authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the safety or health of Persons) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform the CNH of any judicial or administrative proceedings in which it is involved, and that is related to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain at least the same financial, experience, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Development Plan, the Development Plan Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry outConduct, on under its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to at the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain from any Governmental Authority on a timely basis from any Governmental Authority all the permits needed to carry out the Petroleum Activities; (e) Obtain Acquire on a timely basis all the Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (f) Be Each of the Participating companies shall be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the to CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles, among others; seismic tapes and lines; samples from Xxxxx, ; cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, records of all the Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on related to the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (kj) Refrain from drilling any Well in from the Contract Area any Well that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed in accordance with instructions established by the Ministry of Energy; (lk) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (ml) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nm) Facilitate inspections by Allow and assist the representatives of the Agency, the CNH, the Ministry of Finance and of any other authority to carry out the inspections of the Petroleum Activities and of all facilities, offices, accounting books and records and any other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements attributions under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on under the same conditions as provided by the Contractor to its own personnel; (on) Comply with requests for information from the competent authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (o) Ensure that Hydrocarbons discovered in the Contract Area are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation and Act of God or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the personal safety or health of Personshealth) in order to mitigate their effects, as well as and inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform Each of the Participating Companies shall immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain Maintain, upon its termination, at least the same financial, experienceexpertise, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that which the Contractor credited as an interested party in terms of signed the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding ProcessContract upon its termination.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Development Plan, the Development Plan Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry outConduct, on under its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to at the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain from any Governmental Authority on a timely basis from any Governmental Authority all the permits needed to carry out the Petroleum Activities; (e) Obtain Acquire on a timely basis all the Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (f) Be Each of the Participating companies shall be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, records of all the Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on related to the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (kj) Refrain from drilling any Well in the Contract Area any Well that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed in accordance with instructions established by the Ministry of Energy; (lk) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (ml) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nm) Facilitate Allow and assist in inspections performed by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of to the Petroleum Activities and of all facilities, offices, accounting books and records and any other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements attributions under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on under the same conditions as provided by the Contractor to its own personnel; (on) Comply with requests for information from the related authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (o) Ensure that Hydrocarbons discovered in the Contract Area are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the personal safety or health of Personshealth) in order to mitigate their effects, as well as and inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform Each of the Participating Companies shall immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain Maintain, upon its termination, at least the same financial, experienceexpertise, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that which the Contractor credited as an interested party in terms of signed the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding ProcessContract upon its termination.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Development Plan, the Development Plan Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry outConduct, on under its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to at the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain from any Governmental Authority on a timely basis from any Governmental Authority all the permits needed to carry out the Petroleum Activities; (e) Obtain Acquire on a timely basis all the Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (f) Be Each of the Participating companies shall be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the to CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles, among others; seismic tapes and lines; samples from Xxxxx, ; cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, records of all the Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on related to the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (kj) Refrain from drilling any Well in from the Contract Area any Well that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed in accordance with instructions established by the Ministry of Energy; (lk) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (ml) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nm) Facilitate inspections by Allow and assist the representatives of the Agency, the CNH, the Ministry of Finance and of any other authority to carry-out the inspections of the Petroleum Activities and of all facilities, offices, accounting books and records and any other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements attributions under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on under the same conditions as provided by the Contractor to its own personnel; (on) Comply with requests for information from the competent authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (o) Ensure that Hydrocarbons discovered in the Contract Area are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, implement appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation and Act of God or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the personal safety or health of Personshealth) in order to mitigate their effects, as well as and inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform Each of the Participating Companies shall immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain Maintain, upon its termination, at least the same financial, experienceexpertise, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that which the Contractor credited as an interested party in terms of signed the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding ProcessContract upon its termination.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Plan, the Development Plan Plan, the Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on under its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (e) Obtain on a timely basis all Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (f) Be up to date on regarding all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, records of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (kj) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed in accordance with instructions issued by the Ministry of Energy; (lk) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (ml) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nm) Facilitate inspections by representatives of the Agency, the CNH, the Ministry of Finance and of by any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (on) Comply with information requests for information from the related authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (o) Ensure that Hydrocarbons in the Fields are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (p) Use qualified personnel and state-of-the-art Materials and technology according to in accordance with Industry Best Practices; (q) Implement, Implement and ensure that the Subcontractors implement, implement appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System in order to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the safety or health of Persons) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform the Immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain at least the same financial, experience, technical and execution conditions that were provided in with which the Bidding Guidelines for prequalification Contractor signed the Contract until the termination of this Contractits termination, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required credited during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Plan, the Development Plan Plan, the Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on under its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (e) Obtain on a timely basis all Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (f) Be Each of the Participating Companies must be up to date on regarding all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, records of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (kj) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed in accordance with instructions issued by the Ministry of Energy; (lk) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (ml) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nm) Facilitate inspections by representatives of the Agency, the CNH, the Ministry of Finance and of by any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (on) Comply with information requests for information from the related authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (o) Ensure that Hydrocarbons in the Fields are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (p) Use qualified personnel and state-of-the-art Materials and technology according to in accordance with Industry Best Practices; (q) Implement, Implement and ensure that the Subcontractors implement, implement appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System in order to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the safety or health of Persons) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform Each of the Participating Companies shall immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain at least the same financial, experience, technical and execution conditions that were provided in with which the Bidding Guidelines for prequalification Contractor signed the Contract until the termination of this Contractits termination, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required credited during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal PlanProgram, the Development Plan and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (e) Obtain on a timely basis all Materials required for the Petroleum Activities and ensure they are adequate for their purpose; (f) Be Each of the Signing Companies shall be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (k) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed by the Ministry of Energy; (l) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (m) Adequately plug Xxxxx prior to their Abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Laws; (n) Facilitate inspections by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Informationinformation related to Petroleum Activities, and provide such representatives, at no cost, with all the necessary assistance to exercise their entitlements under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (o) Comply with requests for information from the authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the safety or health of Persons) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform Every six months, the Contractor shall inform the CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those procedures initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain ABC, DEF and XYZ shall maintain at least the same financial, experience, technical and execution conditions that were provided demonstrated in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Plan, the Development Plan and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (e) Obtain on a timely basis all Materials required for the Petroleum Activities and ensure they are adequate for their purpose; (f) Be Each of the Participating Companies shall be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (k) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed by the Ministry of Energy; (l) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (m) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Laws; (n) Facilitate inspections by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no cost, with all the necessary assistance to exercise their entitlements under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (o) Comply with requests for information from the authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (p) Ensure that Hydrocarbons discovered in the Contract Area are not spilled or otherwise wasted in any manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (q) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (qr) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (rs) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the safety or health of Persons) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (st) Inform Each of the Participating Companies shall immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (tu) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (uv) Maintain at least the same financial, experience, technical and execution conditions that were provided in with which the Bidding Guidelines for prequalification Contractor signed the Contract until the termination of this Contractits termination, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Development Plan, the Development Plan Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (dc) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (ed) Obtain Acquire on a timely basis all Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (fe) Be up to date on all of its Tax Obligations tax obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (gf) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (hg) Keep within Mexico complete records, in physical and electronic format, records of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (jh) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (ki) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed areas in accordance with instructions by the Ministry of Energy; (lj) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (mk) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nl) Facilitate Allow and assist in inspections by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements rights under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (om) Comply with requests for information from the related authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (pn) Ensure that Hydrocarbons discovered in the Contract Area are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (o) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (qp) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (rq) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the personal safety or health of Personshealth) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (sr) Inform the Immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH;and (ts) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain at least the same financial, experience, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Development Plan, the Development Plan Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (dc) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (ed) Obtain Acquire on a timely basis all Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (fe) Be Each of the Participating Companies shall be up to date on all of its Tax Obligations tax obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (gf) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (hg) Keep within Mexico complete records, in physical and electronic format, records of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (jh) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (ki) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed areas in accordance with instructions by the Ministry of Energy; (lj) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (mk) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nl) Facilitate Allow and assist in inspections by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements rights under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (om) Comply with requests for information from the competent authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (pn) Ensure that Hydrocarbons discovered in the Contract Area are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (o) Use qualified personnel and state-of-the-art Materials and technology according to in accordance with Industry Best Practices; (qp) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (rq) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the personal safety or health of Personshealth) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (sr) Inform Each of the Participating Companies shall immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH;and (ts) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain at least the same financial, experience, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the its other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Development Plan, the Development Plan Work Programs approved by CNH and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry outConduct, on under its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to at the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain from any Governmental Authority on a timely basis from any Governmental Authority all the permits needed to carry out the Petroleum Activities; (e) Obtain Acquire on a timely basis all the Materials required for the Petroleum Activities and ensure that they are adequate for their purpose; (f) Be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, records of all the Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on related to the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (kj) Refrain from drilling any Well in the Contract Area any Well that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed in accordance with instructions established by the Ministry of Energy; (lk) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (ml) Adequately plug Xxxxx prior to their Abandonment abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Lawsdeposits; (nm) Facilitate Allow and assist in inspections performed by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of to the Petroleum Activities and of all facilities, offices, accounting books and records and any other Technical Informationinformation related to the Petroleum Activities, and provide such representatives, at no costfree of charge, with all the necessary assistance to exercise their entitlements attributions under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on under the same conditions as provided by the Contractor to its own personnel; (on) Comply with requests for information from the related authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (o) Ensure that Hydrocarbons discovered in the Contract Area are not spilled or otherwise wasted in any other manner, and avoid damage to strata containing Hydrocarbons and those containing water deposits; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the personal safety or health of Personshealth) in order to mitigate their effects, as well as and inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform the Immediately inform CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain Maintain, upon its termination, at least the same financial, experienceexpertise, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that which the Contractor credited as an interested party in terms of signed the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding ProcessContract upon its termination.

Additional Obligations of the Contractor. In addition to the other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Plan, the Development Plan and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (e) Obtain on a timely basis all Materials required for the Petroleum Activities and ensure they are adequate for their purpose; (f) Be Each of the Participating Companies shall be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (k) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed by the Ministry of Energy; (l) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (m) Adequately plug Xxxxx prior to their Abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Laws; (n) Facilitate inspections by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Information, and provide such representatives, at no cost, with all the necessary assistance to exercise their entitlements under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (o) Comply with requests for information from the authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the safety or health of Persons) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform Every six months, the Contractor shall inform the CNH of any judicial or administrative proceedings in which it is involved, and that is related to this Contract or the Petroleum Activities, except from those initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain at least the same financial, experience, technical and execution conditions that were provided in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding Process.

Additional Obligations of the Contractor. In addition to the other obligations hereunder, the Contractor shall: (a) Conduct the Petroleum Activities continuously and efficiently in accordance with the Exploration Plan, the Appraisal Plan, the Development Plan and the Industry Best Practices, as well as all other terms and conditions of this Contract, the Management System and the Applicable Laws; (b) Carry out, on its own responsibility, the Extraction, Gathering and displacement of Hydrocarbons to the Measurement Point; (c) Supply all personnel and all technical, financial and other resources of any other kind necessary to conduct the Petroleum Activities; (d) Obtain on a timely basis from any Governmental Authority all permits needed to carry out the Petroleum Activities; (e) Obtain on a timely basis all Materials required for the Petroleum Activities and ensure they are adequate for their purpose; (f) Be Each of the Signing Companies shall be up to date on all of its Tax Obligations as established in the Applicable Laws, be a resident of Mexico for tax purposes, have as it sole purpose the Exploration and Extraction of Hydrocarbons and those necessary for its adequate fulfillment, and must not pay taxes under the optional tax regime for groups of companies referenced in Chapter VI of Title II of the Income Tax Law; (g) Provide the CNH with all information, data and interpretations related to the Petroleum Activities, such as scientific and technical data obtained as a result of its work, including electrical, sonic and radioactivity profiles; seismic tapes and lines; samples from Xxxxx, cores and formations; maps and topographic, geological, geophysical, geochemical and drilling reports, and any other similar information and geological, geophysical and reservoir appraisal reports; (h) Keep within Mexico complete records, in physical and electronic format, of all Petroleum Activities conducted under this Contract; (i) Have the proper certification of the quantification of Reserves corresponding to the Contract Area in accordance with the Applicable Laws; (j) Provide the CNH with all the information on the existence of mineral, hydrological and other resources discovered as a result of the Petroleum Activities; (k) Refrain from drilling any Well in the Contract Area that could go beyond the vertical projection of the Contract Area except in the case of unitized reservoirs as instructed by the Ministry of Energy; (l) Identify each Well in accordance with the Applicable Laws and include that reference in all maps, drawings and other similar records kept by the Contractor; (m) Adequately plug Xxxxx prior to their Abandonment so as to avoid pollution, damage to the environment or possible damage to Hydrocarbon deposits in accordance with the Management System and the Applicable Laws; (n) Facilitate inspections by representatives of the Agency, the CNH, the Ministry of Finance and of any other authority of the Petroleum Activities and of all facilities, offices, accounting books and records and other Technical Information, and provide such representatives, at no cost, with all the necessary assistance to exercise their entitlements under this Contract, including (in the case of Field operations) transportation, housing, meals and other services, on the same conditions as provided by the Contractor to its own personnel; (o) Comply with requests for information from the authorities, including the CNH, the Agency, the Ministry of Energy, the Ministry of Finance and the Fund; (p) Use qualified personnel and state-of-the-art Materials and technology according to Industry Best Practices; (q) Implement, and ensure that the Subcontractors implement, appropriate measures to protect life, archaeological discoveries and the environment in accordance with the Management System and the Applicable Laws; (r) Implement the emergency response plans provided in the Management System to mitigate the effects of any emergency situation or Force Majeure event (including explosions, ruptures, leaks or other accidents that cause or may cause damage to the environment or threaten or may threaten the safety or health of Persons) in order to mitigate their effects, as well as inform the Agency and the CNH in appropriate detail of the emergency and the measures taken with respect thereto; (s) Inform Every six months, the Contractor shall inform the CNH of any judicial or administrative proceedings in involving the Contractor which it is involved, and that is related relate to this Contract or the Petroleum Activities, except from those procedures initiated before Federal courts, which shall be immediately informed to the CNH; (t) Implement all necessary measures to prevent or reduce losses, mitigate and remedy any damage caused by the Petroleum Activities, and (u) Maintain ABC, DEF and XYZ shall maintain at least the same financial, experience, technical and execution conditions that were provided demonstrated in the Bidding Guidelines for prequalification until the termination of this Contract, with the exception of the minimum net worth that the Contractor credited as an interested party in terms of the Bidding Guidelines. In such case, the minimum yearly average net worth that shall be maintained must be equivalent to the minimum average net worth amount required during the prequalification stage in the Bidding Process.