Common use of Production Bonuses Clause in Contracts

Production Bonuses. The Contractor shall pay to the State by deposit into the National Petroleum Account production bonuses based on attainment of cumulative Production of Petroleum from each Development Area as follows: Cumulative Production (millions of Barrels or Barrels equivalent) Bonus (US$ million) 150 10 350 15

Production Bonuses. The Contractor shall pay to the State by deposit into the National Petroleum Account production bonuses based on attainment of cumulative Production of Petroleum from each Development Area as follows: Cumulative Production (millions of Barrels or Barrels equivalent) Bonus (US$ million) 150 200 5 350 10 350 450 15 600 15 800 15

Production Bonuses. The Contractor shall pay to the State by deposit into the National Petroleum Account production bonuses based on attainment of cumulative Production of Petroleum from each Development Area as follows: Cumulative Production (millions of Barrels or Barrels equivalent) Bonus (US$ million) 150 200 10 350 10 450 15 600 15 800 15

Production Bonuses. The Contractor shall pay to the State by deposit into the National Petroleum Account production bonuses based on attainment of cumulative Production of Petroleum from each Development Area as follows: ,I • • • .- • • • •- •• • • • •• • •• •11 - • I Cumulative Production (millions of Barrels Barreis or Barrels equivalent) Bonus (US$ million) 150 Barreis equivalent) 350 10 350 450 15 600 15 800 15

Production Bonuses. The Contractor shall pay to the State by deposit into the National Petroleum Account production bonuses based on attainment of cumulative Production of Petroleum from each Development Area as follows: Cumulative Production (millions of Barrels or Barrels equivalent) Bonus (US$ million) 150 50 10 100 12.5 350 1520 550 25

Production Bonuses. The Contractor shall pay to the State by deposit into the National Petroleum Account production bonuses based on attainment of cumulative Production of Petroleum from each Development Area as follows: Cumulative Production (millions of Barrels or Barrels equivalent) Bonus (US$ million) 150 50 10 100 12.5 200 15 350 1520 550 25

Production Bonuses. ‌ The Contractor shall xxxXx pay to the State by deposit into the National Petroleum Account production bonuses based on attainment of cumulative Production of Petroleum from each Development Area as followsfoIlows: Cumulative Production (millions of Barrels Barreis or Barrels Barreis equivalent) 50 Bonus (US$ million) 150 10 7.5 350 15