The Risk Sharing and Indemnity Agreement governs the obligations of the parties to the consortium within which they act on the client's project. The parties make a firm offer to the client, act as a consortium and are jointly and severally liable to the client for the performance of all obligations under the contract with the client. The main purpose of the agreement is to allocate risks and ensure proper performance of obligations, as well as to protect the parties in their relationship with each other and against claims by third parties (including the client). The main provisions are: 1. Contractual terms: The agreement forms part of the wider contractual obligations of the project, comprising the tender, the supply contracts, the consortium agreement and the contract itself. 2. Division of responsibilities: Clear lines of responsibility, risk and obligation are defined between the parties. 3. Indemnity: Party 1 undertakes to indemnify Party 2 against any claims made by the client or other third parties in connection with the project and to pay all costs associated with defending against such claims. 4. Consortium Manager: Party 2 will act as the administrative manager of the consortium, without responsibility for technical or commercial coordination. 5. Cooperation in the Bidding Process: The Parties undertake to cooperate in the preparation and submission of the Bid, with each Party having the right to determine its own pricing terms. 6. Guarantees and Financial Obligations: All guarantees under the contract shall be provided by Party 1, including the provision of guarantees for Party 2. 7. Exclusion from the project: It defines the conditions and procedures under which a party may be excluded from the project for breach of the terms of the contract or in the event of the impracticability of the project. Other provisions: The document also contains articles on the duration and termination of the Agreement, applicable law, dispute resolution, exchange of information and confidentiality, tax obligations, invoicing and payments, and the general legal status of the Agreement, including provisions on invalidity, waivers and the entire Agreement. The Agreement is governed by the laws of Switzerland, drafted in English and translated into Russian.