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Ref: PLL/P2AE16/FALCON/SC/28-LOI
Date: October 06, 2012

To,
Standard Technical Services LLC
PO Box 35331
Sharjah
UAE
Tel.:06-5354013
Fax: 06-5354014
E-mail: stantech@emirates.net.ae

Reference: 1) Performa Invoice dated Oct 04, 2012

Subject :Letter of Intent (LOI) for Repairing of Pipe Bending M/c Hydraulic Cylinder Falcon Project (P2AE16) of M/s. Horizon Jebel Ali Terminal Limited of M/s. Emirates National Oil Company Limited.

With reference to our enquiry for the Repairing works of Pipe bending M/c Hydraulic Cylinder the captioned Project and based on subsequent offer received from you, we, Punj Lloyd Limited (PLL or Contractor) intend to place this Letter of Intent (LOI) on M/s Standard Technical Services LLC (Subcontractor). All works shall be carried out by Subcontractor so as to suit the Project Schedule and shall be in strict compliance to the Company requirements.

1. Schedule of Rate

Below are mentioned the different equipment to be repaired:

* Two Hydraulic Jacks
* Honned Tube 170*200*600 mm (Two)
* Machine Work (Two Pcs)
* Two sets of Seal Kit
*

2. Payment Terms
Invoices shall be raised for work executed and shall be supported by agreed documentation duly approved and signed by the Contractor authorized representative. Payment shall be made on delivery of material.

You are requested to sign & stamp this LOI as a token of your acceptance thereof.

For Punj Lloyd Ltd.

Rajeev Gupta
(Project Manager, Project Falcon)

Acknowledged & Accepted by SUBCONTRACTOR

For Tarsem Machine Maintenance & Eng. Turning Workshop LLC

(Authorized Signatory)

Rajeev Gupta (rajeevgupta@punjlloyd.com); Ashish Gupta (ashishgupta@punjlloyd.com); Ashwin Kumar/UAE <AshwinKumar@punjlloyd.com>; Fathima Munavvira/UAE <FathimaM@punjlloyd.com>; KS...
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