Common use of Adjustment Mechanism Clause in Contracts

Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: = 100% − Where: = Percentage of Operating Profit received by the State in Period . = Adjusted percentage of Operating Profit received by the Contractor in Period . The adjusted percentage of Operating Profit received by the Contractor in Period () will be calculated as follows: (a) When the metrics of operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be 1. (b) When the value of the metrics of the operating result before Taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is between 1 and 2, the percentage of Operating Profit received by the Contractor, , will be determined in accordance with the following formula: = − ( − ) ( −1 − 1 )

Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: = 100% − Where: = Percentage of Operating Profit received by the State in Period . = Adjusted percentage of Operating Profit received by the Contractor in Period . The adjusted percentage of Operating Profit received by the Contractor in Period () will be calculated as follows: (a) When the metrics of operating result before taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be 1. (b) When the value of the metrics of the operating result before Taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is between 1 and 2, the percentage of Operating Profit received by the Contractor, , will be determined in accordance with the following formula: = −1 − 1 − ( − ) ( −1 − 1 )

Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: = 100% − Where: = Percentage of Operating Profit received by the State in Period . = Adjusted percentage of Operating Profit received by the Contractor in Period . The adjusted percentage of Operating Profit received by the Contractor in Period () will be calculated as follows: (ai) When the metrics Metrics of operating result Operating Result before taxes Taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is less than the value U1, the percentage of the Operating Profit received by the Contractor will be 1. (bii) When the value of the metrics Metrics of the operating result Operating Result before Taxes of the Contractor for the Period immediately preceding the relevant Period (−1) is between 1 and 2, the percentage of Operating Profit received by the Contractor, , will be determined in accordance with the following formula: = −1 − 1 − ( − ) ( −1 − 1 )) Where: