Common use of Mode of Operations Clause in Contracts

Mode of Operations. 4.1 Party A shall ensure and procure its associates and Party B shall ensure and procure its affiliates to execute the specific products and service contracts in compliance with the principles and terms of this Agreement. 4.2 The respective product and service contracts executed between Party A (and its associates) and Party B (and its affiliates) prior to January 1, 2014 and which are valid after January 1, 2014 and shall be deemed as signed pursuant to the principles and terms of this Agreement. Corresponding amendments shall be made to such contracts if the principles and terms of such contracts are inconsistent with those set out in this Agreement. 4.3 The term of the respective product and service contracts executed pursuant to Articles 1.1.1, 1.1.2 and 1.2.1 to 1.2.4 shall not exceed three years. If the term of these contracts does not exceed three years but the expiry date thereof is later than December 31, 2016, then the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ". 4.4 The terms of the liquefied natural gas contracts and the natural gas contract executed pursuant to Article 1.1.3 of this Agreement shall not exceed 25 years and 20 years respectively, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant tor the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ". 4.5 The term of the specific service contracts executed pursuant to Article 1.2.5 of this Agreement shall not exceed 20 years, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ".

Mode of Operations. 4.1 Party A shall ensure and procure its associates and Party B shall ensure and procure its affiliates to execute the specific products and service contracts in compliance with the principles and terms of this Agreement. 4.2 The respective product and service contracts executed between Party A (and its associates) and Party B (and its affiliates) prior to January 1, 2014 2017 and which are valid after January 1, 2014 2017 and shall be deemed as signed pursuant to the principles and terms of this Agreement. Corresponding amendments shall be made to such contracts if the principles and terms of such contracts are inconsistent with those set out in this Agreement. 4.3 The term of the respective product and service contracts executed pursuant to Articles 1.1.1, 1.1.2 and 1.2.1 to 1.2.4 shall not exceed three years. If the term of these contracts does not exceed three years but the expiry date thereof is later than December 31, 20162019, then the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2019 if, as of December 31, 20162019, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and years from 2020 to 2022 pursuant to the Rules Governing the Listing of Securities on the The Stock Exchange of Hong Kong Limited ". 4.4 The terms of the liquefied natural gas contracts and the natural gas contract executed pursuant to Article 1.1.3 of this Agreement shall not exceed be approximately 25 years and not exceed 20 years respectively, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2019 if, as of December 31, 20162019, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and years from 2020 to 2022 pursuant tor to the Rules Governing the The Listing of Securities on the Stock Exchange of Hong Kong Limited ". 4.5 The term of the specific service contracts executed pursuant to Article 1.2.5 of this Agreement shall not exceed 20 years, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2019 if, as of December 31, 20162019, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and years from 2020 to 2022 pursuant to the Rules Governing the Listing of Securities on the The Stock Exchange of Hong Kong Limited ".

Mode of Operations. 4.1 Party A shall ensure and procure its associates and Party B shall ensure and procure its affiliates to execute the specific products and service contracts in compliance with the principles and terms of this Agreement. 4.2 The respective product and service contracts executed between Party A (and its associates) and Party B (and its affiliates) prior to January 1, 2014 and which are 2011 shall be valid after January 1, 2014 2011 and shall be deemed as signed pursuant to the principles and terms of this Agreement. Corresponding amendments shall be made to such contracts if the principles and terms of such contracts are inconsistent with those set out in this Agreement. 4.3 The term of the respective product and service contracts executed pursuant to Articles 1.1.1, 1.1.2 and 1.2.1 to 1.2.4 shall not exceed three years. If the term of these contracts does not exceed three years but the expiry date thereof is later than December 31, 20162013, then the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2013 if, as of December 31, 20162013, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 2014 and 2020 2016 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ". 4.4 The terms of the liquefied natural gas contracts and the natural gas contract executed pursuant to Article 1.1.3 of this Agreement shall not exceed 25 years and 20 years respectively, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2013 if, as of December 31, 20162013, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 2014 and 2020 2016 pursuant tor the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ". 4.5 The term of the specific service contracts executed pursuant to Article 1.2.5 of this Agreement shall not exceed 20 years, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2013 if, as of December 31, 20162013, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 2014 and 2020 2016 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ".

Mode of Operations. 4.1 Party A shall ensure and procure its associates and Party B shall ensure and procure its affiliates to execute the contracts for specific products and service contracts services in compliance with the principles and terms of this Agreement. 4.2 The respective product and service contracts executed between Party A (and its associates) and Party B (and its affiliates) prior to January 1, 2014 and 2020 which are valid after January 1, 2014 and 2020 shall be deemed as signed pursuant to the principles and terms of this Agreement. Corresponding amendments shall be made to such contracts if the principles and terms of such contracts are inconsistent with those set out in this Agreement. 4.3 The term of the respective product and service contracts executed pursuant to Articles 1.1.1, 1.1.2 and 1.2.1 to 1.2.4 shall not exceed three years. If the term of these contracts does not exceed three years but the expiry date thereof is later than December 31, 20162022, then the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2022 if, as of December 31, 20162022, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction transactions in respect of this contract Agreement for the 3 year period between 2017 and 2020 years from 2023 to 2025 pursuant to the Rules Governing the Listing of Securities on the The Stock Exchange of Hong Kong Limited ". 4.4 The terms term of the liquefied natural gas contracts and the natural gas contract executed pursuant to Article 1.1.3 of this Agreement shall not exceed be approximately 25 years and the term of the natural gas contracts generally shall not exceed 20 years respectivelyyears, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2022 if, as of December 31, 20162022, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction transactions in respect of this contract Agreement for the 3 year period between 2017 and 2020 years from 2023 to 2025 pursuant tor to the Rules Governing the Listing of Securities on the The Stock Exchange of Hong Kong Limited ". 4.5 The term of the specific service contracts executed pursuant to Article 1.2.5 of this Agreement shall not exceed 20 years, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 2022 if, as of December 31, 20162022, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction transactions in respect of this contract Agreement for the 3 year period between 2017 and 2020 years from 2023 to 2025 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ".