0000898822-07-000020 Sample Contracts

SHAREHOLDER SUBORDINATED LOAN AGREEMENT
Shareholder Subordinated Loan Agreement • January 5th, 2007 • Sacyr Vallehermoso, S.A. • Petroleum refining

Mr Jose Carlos Otero Fernandez, of legal age, bearing identity card (“DNI”) number 3,451,386-Y, for and on behalf of SACYR VALLEHERMOSO PARTICIPACIONES MOBILIARIAS, S.L.U. (hereinafter, the “Borrower”), having its registered office in Madrid at Paseo de la Castellana, 83-85 and tax registration code (“CIF”) B-84791516, duly authorised to execute this Agreement by a deed of incorporation and appointment of directors executed before the Madrid civil law notary Mr Ignacio Martinez-Echevarria y Ortega on 1 August 2006 under protocol number 1379;

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