Common use of Local Content Clause in Contracts

Local Content. (a) The Contractor shall comply with the Local Content Proposal and local content requirements stipulated in Applicable Law on onshore Petroleum Operations. (b) If the Contractor considers on reasonable grounds that the Local Content Proposal needs to be varied, it shall submit its reasons to the Ministry together with a revised proposal dealing with the training and employment of and the acquisition of goods and services from Timor-Leste nationals (“Revised Local Content Proposal”), according to the Applicable Law on onshore Petroleum Operations. (c) The Ministry will notify the Contractor whether it approves the Revised Local Content Proposal within thirty (30) days of receipt. (d) Where the Ministry does not approve a Revised Local Content Proposal, the Ministry shall notify the Contractor of: (i) The reason for the decision; and (ii) The measures that the Contractor is required to take for the Revised Local Content Proposal to be approved. (e) The Contractor who receives notification pursuant to Article 7.4 (d) shall amend the Revised Local Content Proposal in accordance with the measures specified by the Ministry and resubmit the amended Revised Local Content Proposal for approval. (f) The Ministry shall notify the Contractor whether it approves an amended Revised Local Content Proposal pursuant to Article 7.4 (e) within thirty (30) days of receipt and the procedure set out in Article 7.4 (d) and (e) shall apply to the amended Revised Local Content Proposal.

Local Content. (a) The Contractor shall comply with the Local Content Proposal and local content requirements stipulated in Applicable Law on onshore Petroleum OperationsLaw. (b) If the Contractor considers on reasonable grounds that the Local Content Proposal needs to be varied, it shall submit its reasons to the Ministry together with a revised proposal dealing with the training and employment of and the acquisition of goods and services from Timor-Leste nationals (“Revised Local Content Proposal”), according to with the Applicable Law on onshore Petroleum OperationsAct. . (c) The Ministry will notify the Contractor whether it approves the Revised Local Content Proposal within thirty (30) days of receipt. (d) Where the Ministry does not approve a Revised Local Content Proposal, the Ministry shall notify the Contractor of: (i) The the reason for the decision; and (ii) The the measures that the Contractor is required to take for the Revised Local Content Proposal to be approved. (e) The Contractor who receives notification pursuant to Article 7.4 (dparagraph 7.4(d) shall amend the Revised Local Content Proposal in accordance with the measures specified by the Ministry and resubmit the amended Revised Local Content Proposal for approval. (f) The Ministry shall notify the Contractor whether it approves an amended Revised Local Content Proposal pursuant to Article paragraph 7.4 (e) within thirty (30) days of receipt and the procedure set out in Article paragraphs 7.4 (d) and (e) shall apply to the amended Revised Local Content Proposal.

Local Content. (a) The Contractor shall comply with the Local Content Proposal and local content Local Content requirements stipulated set forth in the Applicable Law on onshore Petroleum Operationsin Timor-Leste. (b) If the Contractor considers on reasonable grounds that the Local Content Proposal needs to be varied, it shall submit its reasons to the Ministry ANPM together with a revised proposal Revised Local Content Proposal dealing with the training and employment of Timor-Leste nationals and the acquisition of goods and services from Timor-Leste nationals (“Revised Local Content Proposal”), according to the Applicable Law on onshore Petroleum OperationsGoods and Timor-Leste Services. (c) The Ministry will ANPM shall notify the Contractor whether it approves of its approval or rejection of the Revised Local Content Proposal within thirty (30) days Days as of its receipt. (d) Where the Ministry does not approve In case ANPM rejects a Revised Local Content Proposal, the Ministry rejection notification shall notify the Contractor ofcontain: (i) The reason for a justification of the decision; and (ii) The an indication of the measures that the Contractor is required to take for include in the Revised Local Content Proposal to be approvedobtain its approval. (e) The Contractor who receives Upon receipt of a notification pursuant to Article 7.4 (d) 7.4(d), Contractor shall amend the Revised Local Content Proposal in accordance with the measures specified by the Ministry ANPM and resubmit it to the amended Revised Local Content Proposal latter for approval. (f) The Ministry ANPM shall notify Contractor of the Contractor whether it approves an approval or rejection of the amended Revised Local Content Proposal submitted pursuant to Article 7.4 (e7.4(e) within thirty (30) days Days of its receipt and the procedure set out forth in Article 7.4 (dArticles 7.4(d) and (e7.4(e) shall apply apply. (g) Contractor shall prepare and implement an annual Local Content Plan to comply with the approved Local Content Proposal and Local Content requirements as stipulated under this Contract and the Applicable Law in Timor-Leste. (h) The annual Local Content Plan shall be submitted to ANPM for approval on an annual basis, together with Work Programs and Budgets or thirty (30) Days prior to the amended Revised end of each Calendar Year. (i) In addition to the annual Local Content ProposalPlan, Contractor is also required to submit a separate Plan for Corporate Social Responsibility (“CSR”) for consultation with ANPM. (j) Within sixty (60) Days as of the end of each Calendar Year, Contractor shall submit to ANPM an annual Local Content report, detailing the terms of implementation of the Local Content Plan applicable during the Calendar Year immediately previous. (k) In the event Timorese nationals do not meet the required level of expertise, experience and/or training for any given specialised position they may apply to, to be assessed in accordance with the Good Oil Field Practice, Contractor is temporarily allowed to employ Persons of other nationalities until such time as qualified Timorese citizens nationals are available in the employment market for that position.