National Content. The Contractor will have following obligations:
(a) During the Exploration Period:
(1) To comply with a minimum percentage of national content of thirteen percent (13%) of the value of the items indicated in the Methodology which have been purchased or contracted for Petroleum Activities during the Exploration Period, which shall be verified annually by the Ministry of Economy in accordance with such Methodology and the Applicable Laws, and
(2) To include in its proposed Exploration Plan a compliance program for the above-referenced minimum percentage of national content, as well as a program for transfer of technology, including the applicable periods and stages for both programs, in order for CNH in consultation with the Ministry of Economy to grant or deny its approval pursuant to Articles 4.1 and 4.3., it in the understanding that once approved it will form an integral part of this Contract and shall be considered an obligation of the Contractor. The Contractor’s obligations regarding national content will commence upon approval of the Exploration Plan.
National Content. The Contractor shall have the following obligations:
(a) During the Exploration and Appraisal Periods:
(1) To comply with a minimum percentage of national content of three percent (3%) of the value of the items indicated in the Methodology which have been purchased or contracted for the Petroleum Activities during the Initial Exploration Period, which shall increase to six percent (6%) for the First Additional Exploration Period and to eight (8%) for the Second Additional Exploration Period, in case they are granted in terms of Articles 4.3 and 4.4 of this Contract. In case of the Appraisal Period, the same minimum percentage of national content for the Exploration Period in which the Discovery for appraisal is declared shall apply. Compliance with the minimum percentages of national content shall be verified by the Ministry of Economy upon termination of the Initial Exploration Period, the First Additional Exploration Period, the Second Additional Exploration Period and the Appraisal Period, as it corresponds, in terms of the Methodology and the Applicable Laws.
(2) To include in its proposed Exploration Plan and Appraisal Plan a compliance program for the above-referenced minimum percentage of national content, as well as the technology transfer program, including the applicable periods and stages, which shall be approved by the CNH prior opinion from the Ministry of Economy in terms of Articles 4 and 5 of this Contract. Once approved, the programs shall form an integral part of this Contract. The obligations regarding national content will commence upon approval of the Exploration Plan.
National Content. 59.1. Use, as far as possible and under commercially competitive terms, Dominican technical and non-technical personnel in the operations covered by the Contract. For this purpose, the Contractor agrees to make its best efforts to train and capacitate Dominican workers in the execution of technical works so that said personnel may progressively replace, according to a location plan, foreign personnel in the execution of said works.
59.2. The Parties agree that, at the end of the tenth Year counted from the date of commencement of Commercial Production, the Contractor shall have made its best efforts to replace all of its foreign workers with Dominican workers of equivalent professional qualifications as long as the required capacities can be found locally at the appropriate amount and cost. Foreign personnel for managerial positions and those necessary for the performance of works related to Oil Operations are exceptions to the above.
59.3. Use, as far as possible, goods and materials produced in the Dominican Republic, and services provided by Dominican companies, provided that said goods, materials and services are comparable and competitive in price and quality with those that can be obtained in another country.
National Content. The Contractor will have following obligations:
(a) During the Exploration Period:
1) To comply with a minimum percentage of national content of thirteen percent (13%) of the value of the items indicated in the Methodology which have been purchased or contracted for Petroleum Activities during the Exploration Period, which shall be verified annually by the Ministry of Economy in accordance with such Methodology and the Applicable Laws, and
2) To include in its proposed Exploration Plan a compliance program for the above-referenced minimum percentage of national content, as well as a program for transfer of technology, including the applicable periods and stages for both programs, in order for CNH in consultation with the Ministry of Economy to grant or deny its approval pursuant to Articles 4.1, 4.3 and 4.4, it being understood that once approved it will form an integral part of this Contract and shall be considered an obligation of the Contractor. The Contractor’s obligations regarding national content will commence upon approval of the Exploration Plan.
(b) During the Development Period:
1) To comply each Year with a minimum percentage of national content of the value of all the items indicated in the Methodology which have been purchased or contracted for Petroleum Activities during the Development Period, which shall constitute at least twenty-five percent (25%) in the first Year of the Development Period, and shall increase annually at a constant rate until the Year 2025 when it shall constitute at least thirty-five percent (35%), which shall be verified annually by the Ministry of Economy in accordance with such Methodology and the Applicable Laws;
2) To include in its proposed Development Plan a compliance program for the above-referenced minimum percentage of national content, including the applicable periods and stages, in order for CNH in consultation with the Ministry of Economy to grant or deny its approval pursuant to Article 6.2, it being understood that once approved it will be part of this Contract and shall be considered an obligation of the Contractor. The obligations relating to national content will commence upon approval of the Exploration Plan, and
3) Beginning in the Year 2025, the items indicated in the above- referenced Methodology shall constitute at least thirty-five percent (35%) of the value of all the of the above-mentioned items which have been purchased or contracted for the Exploration and Extraction Activities, without pre...
National Content. The Contractor will have the following obligations:
(a) During the Appraisal Period:
(1) To comply with a minimum percentage of national content of seventeen percent (17%) of the value of the items indicated in the Methodology purchased or contracted for Petroleum Activities during the Appraisal Period, which shall be verified annually by the Ministry of Economy in accordance with such Methodology and the Applicable Laws, and
(2) To include in its proposed Appraisal Plan a compliance program for the minimum percentage of national content, including the applicable periods and stages, in order for CNH in consultation with the Ministry of Economy, to grant or deny its approval pursuant to Article 4.1, it being understood that once approved it will become an integral part of this Contract and shall be considered an obligation of the Contractor. The Contractor’s obligations regarding national content will commence upon approval of the Appraisal Plan;
National Content. The Contractor shall have the following obligations:
(a) During the Exploration and Appraisal Periods:
(1) To comply with a minimum percentage of national content of three percent (3%) of the value of the items indicated in the Methodology which have been purchased or contracted for the Petroleum Activities during the Initial Exploration Period, which shall increase to six percent (6%) for the First Additional Exploration Period and to eight (8%) for the Second Additional Exploration Period, in case they are granted in terms of Articles
