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3. If the Second Party fails to meet its
obligations because of the First
Party, an additional period will be
granted equal to the period required
to meet the obligation.
4. Without violating the above
provisions of this Section 13, if a
case of work stoppage occurs, the
First Party shall have the right to
warn the Second Party to resume the
execution of the Project. However,
if the work stoppage continues for
more than NUMBER OF DAYS OR
MONTHS, the First Party shall have
the right to impose punitive terms
based on the Project’s cost, not to
exceed PERCENTAGE percent of
the cost and in accordance with the
mechanism set forth in Annex
ANNEX NUMBER, provided that it
does not include executed portions
of the Project unless the Parties
mutually agree to terminate this
Contract.
Section 15. Privileges and Exemptions
from Taxes and Fees
The Project shall enjoy all privileges and
exemptions from taxes and fees set forth in
the Investment Law and any other
Applicable Law.
Section 16. Transfer of Project Rights by
the Second Party
The Second Party has the right to transfer
the ownership of the Project in whole or in
part during the investment’s license period
to any Iraqi or foreign investor, provided
that a minimum of 40% of the project has
been completed, and on condition that the
new investor continues to implement the
Project in the same field or another field,
upon approval from the First Party. The
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‫إذا ﻣﺎ أﺧﻔﻖ اﻟﻄﺮف اﻟﺜﺎﻧﻲ ﻓﻲ اﻟﻮﻓﺎء ﺑﺎﻟﺘﺰاﻣﮫ‬ .3
‫ ﺗُﻤﻨﺢ ﻣﺪة إﺿﺎﻓﯿﺔ‬،‫ﺑﺴﺒﺐ اﻟﻄﺮف اﻷول‬
‫ﻣﺴﺎوﯾﺔ ﻟﻠﻔﺘﺮة اﻟﺘﻲ ﻛﺎﻧﺖ ﻣﻄﻠﻮﺑﺔ ﻟﻠﻮﻓﺎء‬
.‫ﺑﺎﻹﻟﺘﺰام‬
،13 ‫ﻣﻊ ﻋﺪم اﻹﺧﻼل ﺑﺄﺣﻜﺎم ﻣﻮاد ھﺬا اﻟﻘﺴﻢ‬ .4
،‫ﻓﻲ ﺣﺎﻟﺔ ﺣﺼﻮل ﺣﺎﻟﺔ إﻧﻘﻄﺎع ﻋﻦ اﻟﻌﻤﻞ‬
‫ﯾﺤﻖ ﻟﻠﻄﺮف اﻷول إﻧﺬار اﻟﻄﺮف اﻟﺜﺎﻧﻲ‬
‫ ﻟﻜﻦ ﻓﯿﻤﺎ إذا‬.‫ﻹﺳﺘﺌﻨﺎف ﺗﻨﻔﯿﺬ اﻟﻤﺸﺮوع‬
‫إﺳﺘﻤﺮت ﺣﺎﻟﺔ اﻹﻧﻘﻄﺎع ﻷﻛﺜﺮ ﻣﻦ ﻋﺪد اﻷﯾﺎم‬
‫ ﻋﻨﺪﺋﺬ ﯾﺤﻖ ﻟﻠﻄﺮف اﻷول إﻧﮭﺎء‬،‫أو اﻷﺷﮭﺮ‬
‫ أو ﻓﺮض ﺷﺮوط ﺟﺰاﺋﯿﺔ ﻋﻠﻰ‬،‫ھﺬا اﻟﻌﻘﺪ‬
‫ وﺑﻤﻘﺪار ﻻ ﯾﺰﯾﺪ ﻋﻦ‬،‫أﺳﺎس ﻛﻠﻔﺔ اﻟﻤﺸﺮوع‬
‫ﻧﺴﺒﺔ ﻓﻲ اﻟﻤﺎﺋﺔ ﻣﻦ اﻟﻜﻠﻔﺔ ووﻓﻖ اﻵﻟﯿﺔ اﻟﻤﺤﺪدة‬
‫ ﻋﻠﻰ أن ﻻ ﺗﺸﻤﻞ‬،(‫ﻓﻲ اﻟﻤﻠﺤﻖ )رﻗﻢ اﻟﻤﻠﺤﻖ‬
‫ ﻣﺎ ﻟﻢ ﯾﺘﻔﻖ‬،‫اﻷﺟﺰاء اﻟﻤﻨﻔﺬة ﻣﻦ اﻟﻤﺸﺮوع‬
.‫اﻟﻄﺮﻓﺎن ﻋﻠﻰ إﻧﮭﺎء ھﺬا اﻟﻌﻘﺪ‬
‫ اﻟﻤﺰاﯾﺎ واﻹﻋﻔﺎءات ﻣﻦ اﻟﻀﺮاﺋﺐ‬.15 ‫اﻟﻘﺴﻢ‬
‫واﻟﺮﺳﻮم‬
‫ﯾﺘﻤﺘﻊ اﻟﻤﺸﺮوع ﺑﻜﺎﻓﺔ اﻟﻤﺰاﯾﺎ واﻹﻋﻔﺎءات ﻣﻦ اﻟﻀﺮاﺋﺐ‬
‫واﻟﺮﺳﻮم اﻟﺘﻲ ﯾﻨﺺ ﻋﻠﯿﮭﺎ ﻗﺎﻧﻮن اﻹﺳﺘﺜﻤﺎر واﻷﻧﻈﻤﺔ‬
.‫اﻷﺧﺮى وأي ﻗﺎﻧﻮن ﻧﺎﻓﺬ آﺧﺮ‬
‫ ﻧﻘﻞ ﺣﻘﻮق اﻟﻤﺸﺮوع ﻣﻦ ﻗﺒﻞ اﻟﻄﺮف‬.16 ‫اﻟﻘﺴﻢ‬
‫اﻟﺜﺎﻧﻲ‬
‫ﻟﻠﻄﺮف اﻟﺜﺎﻧﻲ اﻟﺤﻖ ﻓﻲ ﻧﻘﻞ ﻣﻠﻜﯿﺔ اﻟﻤﺸﺮوع ﻛﻼً أو ﺟﺰ ًء‬
‫ﺧﻼل ﻣﺪة إﺟﺎزة اﻹﺳﺘﺜﻤﺎر ﻷي ﻣﺴﺘﺜﻤﺮ ﻋﺮاﻗﻲ أو أﺟﻨﺒﻲ‬
‫ﺑﺸﺮط‬%40 ‫ﻋﻠﻰ أن ﺗﻜﻮن ﻧﺴﺒﺔ إﻧﺠﺎزه ﻟﻠﻤﺸﺮوع ﺑﻨﺴﺒﺔ‬
‫أن ﯾﺴﺘﻤﺮ اﻟﻤﺴﺘﺜﻤﺮ اﻟﺠﺪﯾﺪ ﻓﻲ ﺗﻨﻔﯿﺬ اﻟﻤﺸﺮوع ﻓﻲ ﻧﻔﺲ‬
‫ وﯾﺤﻞ‬.‫اﻟﻤﺠﺎل أو ﻓﻲ ﻣﺠﺎل آﺧﺮ ﺑﻤﻮاﻓﻘﺔ اﻟﻄﺮف اﻷول‬
‫اﻟﻤﺴﺘﺜﻤﺮ اﻟﺠﺪﯾﺪ ﻣﺤﻞ اﻟﻄﺮف اﻟﺜﺎﻧﻲ ﻓﻲ اﻟﺤﻘﻮق‬
‫واﻹﻟﺘﺰاﻣﺎت اﻟﻤﻨﻘﻮﻟﺔ ﻟﮫ ﺑﻤﻮﺟﺐ ﻗﺎﻧﻮن اﻹﺳﺘﺜﻤﺎر وھﺬا‬
‫ وإذا ﻧُﻘﻠﺖ ﻣﻠﻜﯿﺔ اﻟﻤﺸﺮوع ﺧﻼل اﻟﻤﺪة اﻟﺘﻲ ﯾﺘﻤﺘﻊ‬.‫اﻟﻌﻘﺪ‬
‫ﻓﯿﮭﺎ اﻟﻤﺴﺘﺜﻤﺮ ﺑﻤﺰاﯾﺎ وﺗﺴﮭﯿﻼت وﺿﻤﺎﻧﺎت ﻣﻤﻨﻮﺣﺔ ﻟﮫ‬