OFFICIAL DOCUMENTS GRANT NUMBER D4400-TJ TF GRANT NUMBER TF0A9568 Project Agreement (CASA1000 Community Support Project) between INTERNATIONAL DEVELOPMENT ASSOCIATION and Open Stock Holding Company "BARQI TOJIK" PROJECT AGREEMENT AGREEMENT between INTERNATIONAL DEVELOPMENT ASSOCIATION ("Association") and Open Stock Holding Company "BARQI TOJIK" ("Project Implementing Entity" or "BT") ("Project Agreement") in connection with the Financing Agreement ("Financing Agreement") of the Signature Date between the REPUBLIC OF TAJIKISTAN ("Recipient) and the Association, concerning Grant No. D4400-TJ and TF Grant TF0A9568. The Association and the Project Implementing Entity hereby agree as follows: ARTICLE I - GENERAL CONDITIONS; DEFINITIONS 1.01. The General Conditions (as defined in the Appendix to the Financing Agreement) apply to and form part of this Agreement. 1.02. Unless the context requires otherwise, the capitalized terms used in this Agreement have the meanings ascribed to them in the Financing Agreement or the General Conditions. ARTICLE II- PROJECT 2.01. The Project Implementing Entity declares its commitment to the objectives of the Project. To this end, the Project Implementing Entity shall carry out Part 1 the Project in accordance with the provisions of Article V of the General Conditions and the Schedule to this Agreement, and shall provide promptly as needed, the funds, facilities, services, and other resources required for its Respective Part of the Project. ARTICLE III - TERMINATION 3.01. For purposes of Section 10.05 (c) of the General Conditions, the date on which the provisions of this Agreement shall terminate is twenty (20) years after the Signature Date. ARTICLE IV - REPRESENTATIVE; ADDRESSES 4.01. The Project Implementing Entity's Representative is its Chairman. 4.02. For purposes of Section 11.01 of the General Conditions: (a) the Association's address is: International Development Association 1818 H Street, N.W. Washington, D.C. 20433 United States of America; and -2- (b) the Association's Electronic Address is: Telex: Facsimile: 248423(MCI) or 1-202-477-6391 4.03. For purposes of Section 11.01 of the General Conditions: (a) the Project Implementing Entity's address is: Barqi Tojik I.Somoni 64 Dushanbe, Republic of Tajikistan; and (b) the Project Implementing Entity's Electronic Address is: Facsimile: 992-372-358694 AGREED as of the later of the two dates written below. INTERNATIONAL DEVEL , NT ASSOCIATION By Authorized Representative Name: d / Title: 4~20?1-x4e ~ e, Date: /tW4'Z,/ e / 3-WpY Open Stock Holding Company "B I TOJIK" By Authorized Representative Name: /, 0 A 7 Title: _ _ _ _n Date: W)ve-m~ he,il-/ -3- SCHEDULE Execution of the Project Implementing Entity's Respective Part of the Project Section I. Implementation Arrangements A. Institutional Arrangements 1. The Project Implementing Entity shall maintain, during the implementation of its Respective Part of the Project: (a) staff and management with experience, qualifications, responsibilities, and resources acceptable to the Association; and (b) the ESPMU with functions, terms of reference, staff, and resources acceptable to the Association. 2. (a) The Project Implementing Entity shall enter into an agreement with ESPMU ("Project Implementation Agreement"), to delegate certain implementation functions under Part 1 of the Project, all under terms and conditions satisfactory to the Association. (b) The Project Implementing Entity shall exercise its rights and carry out its obligations under the Project Implementation Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Project Implementing Entity shall not assign, amend, abrogate, or waive, the Project Implementation Agreement, or any provision thereof. B. Project Operations Manual 1 . The Project Implementing Entity shall implement its Respective Part of the Project in accordance with the Project Operations Manual. 2. Except as the Association shall otherwise agree in writing, the Project Implementing Entity shall not amend, waive, suspend, or abrogate any provision of the Project Operations Manual. In case of any inconsistency between any of the provisions of the Project Operations Manual and those of this Agreement, the provisions of this Agreement shall prevail. C. Subsidiary Agreement The Project Implementing Entity shall exercise its rights and carry out its obligations under the Subsidiary Agreement in such manner as to protect the -4- interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Project Implementing Entity shall not assign, amend, abrogate, or waive the Subsidiary Agreement or any of their provisions. D. Safeguards 1. The Project Implementing Entity shall carry out its Respective Part of the Project in accordance with the Safeguard Documents. 2. Without limitation upon their other respective reporting obligations under this Agreement, the Project Implementing Entity shall regularly collect, compile and submit to the Association, in accordance with Section II of this Schedule, reports on the status of compliance with the Safeguard Documents, giving details of: (a) measures taken in furtherance of the Safeguard Documents; (b) conditions, if any, which interfere or threaten to interfere with the smooth implementation of the Safeguard Documents; and (c) remedial measures taken or required to be taken to address such conditions. 3. The Project Implementing Entity shall not amend the Safeguard Documents without the prior written approval of the Association. 4. In the event of any conflict between the provisions of the Safeguard Documents and this Agreement, the provisions of this Agreement shall prevail. Section II. Project Monitorina, Reporting and Evaluation A. Project Reports 1. The Project Implementing Entity shall monitor and evaluate the progress of its Respective Part of the Project and prepare Project Reports for its Respective Part of the Project in accordance with the provisions of Section 5.08 (b) of the General Conditions and on the basis of the indicators acceptable to the Association. Each such Project Report shall cover the period of one calendar semester, and shall be furnished to the Recipient not later than forty-five (45) days after the end of the period covered by such report for incorporation and forwarding by the Recipient to the Association of the overall Project Report.