Common use of Local Content Clause in Contracts

Local Content. 1. The Greater Sunrise Contractor shall set out its local content commitments during the development, operation and decommissioning of the Greater Sunrise Fields through a local content plan to be included as part of the Development Plan and the decommissioning plan. 2. The local content plan shall contain clear, measurable, binding and enforceable local content commitments, including to: (a) improve Timor-Leste's workforce and skills development and promote employment opportunities and career progression for Timor-Leste nationals through capacity-building initiatives, training of Timor-Leste nationals and a preference for the employment of Timor- Leste nationals; (b) improve Timor-Leste’s supplier and capability development by seeking the procurement of goods and services (including engineering, fabrication and maintenance services) from Timor-Leste in the first instance; and (c) improve and promote Timor-Leste’s commercial and industrial capacity through the transfer of knowledge, technology and research capability. 3. The Greater Sunrise Contractor shall ensure that any subcontracts entered into for the supply of goods and services for the Special Regime Area give effect to its local content commitments. 4. Failure by the Greater Sunrise Contractor to meet its local content commitments shall be deemed as non- compliance and subject to the mechanisms and penalties referred to in the local content plan as agreed between the Designated Authority and the Greater Sunrise Contractor. 5. The Parties shall consult with a view to ensuring that the exercise of jurisdiction by either Party under Articles 17, 18 and 19 does not hinder the implementation of local content commitments referred to in this Article.

Local Content. 1. The Greater Sunrise Contractor shall set out its local content commitments during the development, operation and decommissioning of the Greater Sunrise Fields through a local content plan to be included as part of the Development Plan and the decommissioning plan. 2. The local content plan shall contain clear, measurable, binding and enforceable local content commitments, including to: (a) improve Timor-Leste's workforce and skills development and promote employment opportunities and career progression for Timor-Leste nationals through capacity-building initiatives, training of Timor-Leste nationals and a preference for the employment of Timor- Timor-Leste nationals; (b) improve Timor-Leste’s supplier and capability development by seeking the procurement of goods and services (including engineering, fabrication and maintenance services) from Timor-Leste in the first instance; and (c) improve and promote Timor-Leste’s commercial and industrial capacity through the transfer of knowledge, technology and research capability. 3. The Greater Sunrise Contractor shall ensure that any subcontracts entered into for the supply of goods and services for the Special Regime Area give effect to its local content commitments. 4. Failure by the Greater Sunrise Contractor to meet its local content commitments shall be deemed as non- non-compliance and subject to the mechanisms and penalties referred to in the local content plan as agreed between the Designated Authority and the Greater Sunrise Contractor. 5. The Parties shall consult with a view to ensuring that the exercise of jurisdiction by either Party under Articles 17, 18 and 19 does not hinder the implementation of local content commitments referred to in this Article.

Local Content. 1. The Greater Sunrise Contractor shall set out its local content commitments during the development, operation and decommissioning of the Greater Sunrise Fields through a local content plan to be included as part of the Development Plan and the decommissioning plan. 2. The local content plan shall contain clear, measurable, binding and enforceable local content commitments, including to: (a) improve Timor-Leste's workforce and skills development and promote employment opportunities and career progression for Timor-Leste nationals through capacity-capacity- building initiatives, training of Timor-Leste nationals and a preference for the employment of Timor- Leste TimorLeste nationals; (b) improve Timor-Leste’s supplier and capability development by seeking the procurement of goods and services (including engineering, fabrication and maintenance services) from Timor-Leste in the first instance; and (c) improve and promote Timor-Leste’s commercial and industrial capacity through the transfer of knowledge, technology and research capability. 3. The Greater Sunrise Contractor shall ensure that any subcontracts entered into for the supply of goods and services for the Special Regime Area give effect to its local content commitments. 4. Failure by the Greater Sunrise Contractor to meet its local content commitments shall be deemed as non- compliance noncompliance and subject to the mechanisms and penalties referred to in the local content plan as agreed between the Designated Authority and the Greater Sunrise Contractor. 5. The Parties shall consult with a view to ensuring that the exercise of jurisdiction by either Party under Articles 17, 18 and 19 does not hinder the implementation of local content commitments referred to in this Article.