Counterparts and Language Vzorová ustanovení

Counterparts and Language. This Agreement may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this Agreement. This Agreement has been executed in English language which shall be the governing language despite translation of the same into Slovak language. [SIGNATURES ON THE FOLLOWING PAGES] Executed as a Deed by: By: By: Name: Name: Title: Title: In the presence of: Witness Signature: Name: Address: By: By: Name: Name: Title: Title: In the presence of: Witness Signature: Name: Address: By: By: Name: Name: Title: In the presence of: Witness Signature: Title: Name: Address: Energetický a průmyslový holding, a.s., as EPH By: By: Name: Name: Title: In the presence of: Witness Signature: Name: Address: Title: Slovak Republic acting through Ministry of Economy of the Slovak Republic, as Ministry By: Name: Xxxxx Xxxx Title: Minister In the presence of: Witness Signature: Name: Address: VODOHOSPODÁRSKA VÝSTAVBA, ŠTÁTNY PODNIK as VV By: Name: Xxxxxx Xxxxxxx Title: Director General In the presence of: Witness Signature: Name: Address: This SUBORDINATION AGREEMENT (the “Agreement”) is dated , 2018 and made by and between: (1) SLOVENSKÉ ELEKTRÁRNE, A.S., with its registered seat at Xxxxxxx xxxx 00, 000 00 Xxxxxxxxxx, Xxxxxx Xxxxxxxx, registered in the Commercial Register maintained by the District Court Bratislava I, Identification No. 35 829 052, Section Sa, Insert No. 2904/B (the “Company”); (2) VODOHOSPODÁRSKA VÝSTAVBA, ŠTÁTNY PODNIK, with its registered seat at X.X.XXX 00, Xxxxxxxxxx 0, 000 00 Xxxxxxxxxx, Xxxxxx Xxxxxxxx, registered in the Commercial Register maintained by the District Court Bratislava I, Identification No. 00 156 752, Section Pš, Insert No. 32/B (the “Subordinated Creditor”); (3) GLAS TRUST CORPORATION LIMITED, with its registered office at 00 Xxxxxxx Xxxx, Xxxxxx, Xxxxxxx XX0X 0XX and registered in England and Wales with company number 07927175, as security agent for the Secured Parties (as defined in the ICA defined below) (the “Security Agent”); and (4) SLOVAK POWER HOLDING B.V., with its corporate seat in Amsterdam, the Netherlands and office address at Xxxxxxxxxxx 000, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx, registered in the Trade Register of the Dutch Chamber of Commerce under number 66060575 (the “Investor” or “SPH”).

Counterparts and Language. This Agreement may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this Agreement. This Agreement has been executed in English language which shall be the governing language despite translation of the same into Slovak language.