ANNEX 1 OF SALES CONTRACT NO.

58/VNT/2012

TERM OF PAYMENT

An irrevocable letter of credit of EURO 2,760,000.00 with a first class bank will be opened in
favor to Taprogge GmbH for Pha Lai Thermal Power Station Unit 1 to Unit 4

As follows:

A.) First shipment by air-freight to Hanoi airport on September 10th, 2012 (expected
arrival September 15th, 2012

The payment for Pha Lai TPS Unit 1 is: EURO 690,000.00

Euro 552,000.00 will be paid 15 days after receiving the following documents:

a) Original clean “Airway Bill” marked “Freight prepaid” made out to order of issuing bank,
blank endorsed (and notify the end-user, if required) in 01 originals and 01 non-negotiable
copies.

b) Signed Commercial Invoice in 03 originals

c) Detail Packing List in 03 originals

d) Certificate of Quality and Quantity issued by the Manufactured in 03 originals

e) Certificate of Origin issued by Chamber of Commerce in (country of product origin) in 01

original

f) Insurance certificate in 01 original and 01 copy

g) Copy of fax/telex/email advising the Buyer and Issuing Bank of shipment particulars
including name of commodity, quantity of Goods, L/C number, Invoice value, ETD, ETA,
gross weight, gross dimension in cubic meter, number of cases and its weight and dimension
will be sent from the Seller to the Buyer within 10 working days from the date of B/L.

h) Receipt of shipping company acknowledging that the Seller has sent the Buyer one original
and one non-negotiable copy of Bill of lading, one original Certificate of Origin, Invoice,
packing list and one non-negotiable set of shipping document by shipment company within 10
working days from shipment date.

1
 All expenses related to any prolongation of L/C shall be borne by the Seller if delay is caused
by the Seller. In case of delay due to the Buyer’s action/lack of action, the expenses will be at
the Buyer’s account.

Euro 138,000.00 will be paid 15 days after successful commissioning of the first Unit against
the Acceptance Protocol signed by the End User (being Pha Lai Thermal Power plant)

B.) Second shipment by sea-freight to Hai Phong port on November 30th, 2012 (expected
arrival January 5th, 2013)

The payment for Pha Lai TPS Unit 2, Unit 3 and Unit 4 is: EURO 2,070,000.00

Euro 1,656,000.00 will be paid 15 days after receiving the following documents:

i) Original clean “ shipped on board” ocean Bill of Lading marked “Freight prepaid” made
out to order of issuing bank, blank endorsed (and notify the end-user, if required) in 03
originals and 03 non-negotiable copies.

j) Signed Commercial Invoice in 03 originals

k) Detail Packing List in 03 originals

l) Certificate of Quality and Quantity issued by the Manufactured in 03 originals

m)Certificate of Origin issued by Chamber of Commerce in (country of product origin) in 01

original

n) Insurance certificate in 01 original and 01 copy

o) Copy of fax/telex/email advising the Buyer and Issuing Bank of shipment particulars
including name of commodity, quantity of Goods, L/C number, Invoice value, ETD, ETA,
gross weight, gross dimension in cubic meter, number of cases and its weight and dimension
will be sent from the Seller to the Buyer within 10 working days from the date of B/L.

p) Receipt of shipping company acknowledging that the Seller has sent the Buyer one original
and one non-negotiable copy of Bill of lading, one original Certificate of Origin, Invoice,
packing list and one non-negotiable set of shipping document by shipment company within 10
working days from shipment date.

2
 All expenses related to any prolongation of L/C shall be borne by the Seller if delay is caused
by the Seller. In case of delay due to the Buyer’s action/lack of action, the expenses will be at
the Buyer’s account.

3 payment of EURO 138,000.00 –equivalent to Euro 414,000.00 - will be paid 15 days

after successful commissioning of each following Unit against the Acceptance Protocol signed
by the End User.

Advising Bank (available and payable with):

Commerzbank AG, Dortmund

Kampstr. 47
44401 Dortmund
Germany
Account: 0331031000
IBAN: DE55 44080050 0331031000
Swift/BIC: DRES DE FF 440

Additional terms:
a) payment at sight
b) transshipment allowed
c) partial shipment allowed
d) latest date of shipment 1 (air-freight to Hanoi airport): September 12th, 2012
e) latest date of shipment 2 (sea-freight to Hai Phong port): December 3rd, 2012

For on behalf of VINATEXIMEX For on behalf of TAPROGGE Gesellschaft GmbH

Nguyen Thanh Que Markus Barthelmes