Exhibit 4.11
YEAR 2001 PERFORMANCE CONTRACT WITH SENIOR VICE PRESIDENT
OF PETROCHINA COMPANY LIMITED
Offeree: Name: XXX, Xxxxxxxx Xxxxxxx: Name: XXXXX, Xxx Xxxx of the Contract: January 1, 2001
to December 31, 2001
Title: Senior Vice President of PetroChina Title: President of PetroChina Company
Company Limited ("PetroChina") Limited Date of Execution: January, 2001
INDICES KEY PERFORMANCE INDICES WEIGHT MEASUREMENT TARGET ACTUAL PERFORMANCE
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(KPI)
Profits Indices Rate of return of the 35% % 12.86
invested capital of
PetroChina (ROIC)
Net income of PetroChina 20% In million RMB 41,470
(NI)
Free cash flow of 20% In million RMB 9,950
PetroChina (FCF)
Operating Indices Refining and marketing 15% In thousand 1,118
sales revenue per capita RMB/person
Gap between actual capital 10% % +/-5
expenditures and budget of
downstream companies
Indices to Be Put under Total number of employees 431,646 persons Comprehensive performance
Control expressed in marks to be
reduced by 10 marks if
exceeding target of the
index put under control.
Signature of Offeree: s/Xxx Xxxxxxxx Signature of Offeror: s/Xxxxx Xxx
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