Document:

Exhibit

Exhibit 10.1
FORM OF INDEMNIFICATION AGREEMENT
THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made and entered into effective as of January __, 2018 (the “Effective Date”), by and between Triangle Capital Corporation, a Maryland corporation (collectively, with its affiliates and subsidiaries, the “Company”), and ______________ (“Indemnitee”).
WHEREAS, at the request of the Company, Indemnitee currently serves as [a director][an officer] of the Company and may, therefore, be subjected to claims, suits or proceedings arising as a result of [his][her] service as [a director][an officer] of the Company;
WHEREAS, as an inducement to Indemnitee [to continue] to serve as [a director][an officer] of the Company, the Company has agreed to indemnify and to advance expenses and costs incurred by Indemnitee in connection with any claims, suits or proceedings, to the maximum extent permitted by law; 
WHEREAS, the parties by this Agreement desire to set forth their agreement regarding indemnification and advancement of expenses; and
WHEREAS, Indemnitee is relying upon the rights afforded under this Agreement in continuing to serve as [a director][an officer] of the Company.
NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows:
		
	1.
	Definitions. For purposes of this Agreement:

		
	a.
	“Adjudged” shall mean adjudged finally by a court or arbitral or other authority of competent jurisdiction.

		
	b.
	“Change in Control” means a change in control of the Company occurring after the Effective Date of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or in response to any similar item on any similar schedule or form) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), whether or not the Company is then subject to such reporting requirement; provided, however, that, without limitation, such a Change in Control shall be deemed to have occurred if, after the Effective Date (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of all of the Company’s then-outstanding securities entitled to vote generally in the election of directors without the prior approval of at least two-thirds of the members of the Board of Directors in office immediately prior to such person’s attaining such percentage interest; (ii) the Company is a party to a merger, consolidation, sale of assets, plan of liquidation or other reorganization not approved by at least two-thirds of the members of the Board of Directors then in office, as a consequence of which members of the Board of Directors in office immediately prior to such transaction or event constitute less than a majority of the Board of Directors thereafter; (iii) at any time, a majority of the members of the Board of Directors are not comprised of (A) individuals who were directors as of the Effective Date and/or (B) individuals whose election by the Board of Directors or nomination for election by the Company’s stockholders was approved by the affirmative vote of at least two-thirds 

of the directors then in office who were directors as of the Effective Date or whose election or nomination for election was previously so approved; or (iv) the Company retains or engages an external investment adviser to manage its assets and business. 

		
	c.
	“Corporate Status” means the status of a person as a present or former director, officer, employee or agent of the Company or as a director, trustee, officer, partner, manager, managing member, fiduciary, employee or agent of any other foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving in such capacity at the request of the Company. As a clarification and without limiting the circumstances in which Indemnitee may be serving at the request of the Company, service by Indemnitee shall be deemed to be at the request of the Company: (i) if Indemnitee serves or served as a director, trustee, officer, partner, manager, managing member, fiduciary, employee or agent of any foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise (A) of which a majority of the voting power or equity interest is or was owned directly or indirectly by the Company, or (B) the management of which is controlled directly or indirectly by the Company; or (ii) if, as a result of Indemnitee’s service to the Company, Indemnitee is subject to duties by, or required to perform services for, an employee benefit plan or its participants or beneficiaries, including as a deemed fiduciary thereof.

		
	d.
	“Disinterested Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification and/or advancement of Expenses is sought by Indemnitee.

		
	e.
	“Effective Date” has the meaning set forth in the first paragraph of this Agreement.

		
	f.
	“Enterprise” shall mean (i) the Company and (ii) any other corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise which is an affiliate or wholly or partially owned subsidiary of the Company and of which the Indemnitee is or was serving as a director, trustee, general partner, managing member, officer, employee, agent or fiduciary; and (iii) any other corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company. 

		
	g.
	“ERISA” means the Employee Retirement Income Security Act of 1974, as amended.

		
	h.
	“Expenses” means any and all disbursements or expenses incurred by Indemnitee in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in or otherwise participating in a Proceeding, including, without limitation, reasonable and out-of-pocket attorneys’ fees and costs, retainers, court costs, arbitration and mediation costs, transcript costs, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement and any ERISA excise taxes and penalties. Expenses shall also include (i) expenses incurred in connection with any appeal resulting from any Proceeding including, without limitation, the premium for, security for and other costs relating to any cost bond, supersedeas bond or other appeal bond or its equivalent, (ii) expenses incurred in connection with recovery under any directors’ and 

officers’ liability insurance policies maintained by the Company, and (iii) expenses incurred by Indemnitee in establishing or enforcing [his][her] right to indemnification or reimbursement under this Agreement.

		
	i.
	“Independent Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither is, nor in the past five years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either such party (other than with respect to matters concerning Indemnitee under this Agreement or of other indemnitees under similar indemnification agreements), or (ii) any other party to or participant or witness in the Proceeding giving rise to a claim for indemnification or advancement of Expenses hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitee’s rights under this Agreement. 

		
	j.
	“Jointly Indemnifiable Claims” shall mean any Proceeding for which the Indemnitee shall be entitled to indemnification, advancement of expenses or insurance from (i) the Company and/or any Enterprise pursuant to this Agreement, the charter or Bylaws or other governing documents of the Company or any Enterprise, any agreement or a resolution of the stockholders of the Company entitled to vote generally in the election of directors or of the Board of Directors, or otherwise, on the one hand, and (ii) any Third-Party Indemnitor pursuant to any agreement between any Third-Party Indemnitor and the Indemnitee pursuant to which the Indemnitee is indemnified, the laws of the jurisdiction of incorporation or organization of any Third-Party Indemnitor and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Third-Party Indemnitor, on the other hand.

		
	k.
	“Proceeding” means any threatened, pending or completed action, suit, arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing, claim, demand or discovery request or any other actual, threatened or completed proceeding, whether brought by or in the right of the Company or otherwise and whether of a civil (including intentional or unintentional tort claims), criminal, administrative or investigative (formal or informal) nature, including any appeal therefrom. If Indemnitee reasonably believes that a given situation may lead to or culminate in the institution of a Proceeding, such situation shall also be considered a Proceeding. The term “Proceeding” shall be broadly construed and shall include, without limitation, the investigation, preparation, defense, settlement, arbitration or appeal of, and the giving of testimony in or related to, any threatened, pending or completed claim, action, suit or other proceeding, whether of a civil, criminal, administrative or investigative nature.

		
	l.
	“Third-Party Indemnitor” means any person or entity that has or may in the future provide to the Indemnitee any indemnification, exoneration, hold harmless or Expense advancement rights and/or insurance benefits other than (i) the Company, (ii) any Enterprise and (iii) any entity or entities through which the Company maintains liability insurance applicable to the Indemnitee.

		
	2.
	Services by Indemnitee. The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce the Indemnitee to [continue to] serve as [a director/an officer] of the Company, and the Company acknowledges that 

Indemnitee is relying upon this Agreement in [continuing to serve/serving] in such capacity. However, this Agreement shall not impose any independent obligation on Indemnitee or the Company to continue Indemnitee’s service to the Company beyond any period otherwise required by law or by other agreements or commitments of the parties, if any. This Agreement shall not be deemed an employment contract between the Company (or any other entity) and Indemnitee.

		
	3.
	Indemnification. The Company shall indemnify and hold harmless, and advance Expenses to, Indemnitee (a) as provided in this Agreement and (b) otherwise to the maximum extent not prohibited by (and not merely to the extent affirmatively permitted by) Maryland law in effect on the Effective Date and as amended from time to time; provided, however, that no change in Maryland law shall have the effect of reducing the benefits available to Indemnitee hereunder based on Maryland law as in effect on the Effective Date. The rights of Indemnitee provided in this Section 3 shall include, without limitation, the rights set forth in the other sections of this Agreement, including any additional indemnification permitted by the charter or bylaws of the Company or Section 2-418(b) of the Maryland General Corporation Law (the “MGCL”).

		
	4.
	Standard for Indemnification. If, by reason of Indemnitee’s Corporate Status, Indemnitee is, or is threatened to be, made a party to any Proceeding, the Company shall indemnify and hold harmless Indemnitee against all judgments, penalties, fines and amounts paid in settlement and all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with any such Proceeding unless (and only to the extent) it is ultimately Adjudged that (i) the act or omission of Indemnitee was material to the matter giving rise to the Proceeding and (A) was committed in bad faith or (B) was the result of active and deliberate dishonesty; (ii) Indemnitee actually received an improper personal benefit in money, property or services; or (iii) in the case of any criminal Proceeding, Indemnitee had reasonable cause to believe that [his][her] conduct was unlawful.

		
	5.
	Certain Limitations.  Notwithstanding any other provision of this Agreement (other than Section 6), Indemnitee shall not be entitled to:

		
	a.
	indemnification hereunder if the Proceeding was one by or in the right of the Company and Indemnitee is Adjudged to be liable to the Company; 

		
	b.
	indemnification hereunder if Indemnitee is Adjudged to be liable on the basis that personal benefit was improperly received in any Proceeding charging improper personal benefit to Indemnitee; or

		
	c.
	indemnification or advancement of Expenses hereunder if the Proceeding was brought by Indemnitee, unless: (i) the Proceeding was brought to establish or enforce indemnification rights under this Agreement, and then only to the extent in accordance with and as authorized by Section 12 of this Agreement, or (ii) the Company’s charter or bylaws, a resolution of the stockholders entitled to vote generally in the election of directors or of the Board of Directors or an agreement approved by the Board of Directors to which the Company is a party, expressly provides otherwise.

		
	6.
	Court-Ordered Indemnification. Notwithstanding any other provision of this Agreement (other than Section 16), a court of appropriate jurisdiction, upon application of Indemnitee and such notice as the court shall require, may order indemnification of Indemnitee by the Company in the following circumstances:

		
	a.
	if such court determines that Indemnitee is entitled to reimbursement under Section 2-418(d)(1) of the MGCL, the court shall order indemnification, in which case Indemnitee shall be entitled to recover the Expenses of securing such reimbursement; or

		
	b.
	if such court determines that Indemnitee is fairly and reasonably entitled to indemnification in view of all the relevant circumstances, whether or not Indemnitee (i) has met the standards of conduct set forth in Section 2-418(b) of the MGCL or (ii) has been adjudged liable for receipt of an improper personal benefit under Section 2-418(c) of the MGCL, the court may order such indemnification as the court shall deem proper. However, indemnification with respect to any Proceeding by or in the right of the Company or in which liability shall have been adjudged in the circumstances described in Section 2-418(c) of the MGCL shall be limited to Expenses.

		
	7.
	Indemnification; Partial Success. Notwithstanding any other provision of this Agreement, and without limiting any such provision, to the extent that Indemnitee was or is made a party to (or otherwise becomes a participant in) any Proceeding and is successful, on the merits or otherwise, in the defense of such Proceeding, Indemnitee shall be indemnified for all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee under this Section 7 for all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with each successfully resolved claim, issue or matter, allocated on a reasonable and proportionate basis. For purposes of this Section 7, and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

		
	8.
	Advancement of Expenses. If Indemnitee was, is, or is threatened to be, made a party to (or otherwise becomes a participant in) any Proceeding, the Company shall, without requiring a preliminary determination of Indemnitee’s ultimate entitlement to indemnification hereunder, advance all reasonable Expenses incurred by or on behalf of Indemnitee in connection with such Proceeding. Such advance or advances shall be made within fifteen (15) days after the receipt by the Company of a statement or statements requesting such advance or advances from time to time, whether prior to or after final disposition of such Proceeding, and may be in the form of, in the reasonable discretion of Indemnitee (but without duplication): (i) payment of such Expenses directly to third parties on behalf of Indemnitee; (ii) advancement to Indemnitee of funds in an amount sufficient to pay such Expenses; or (iii) reimbursement to Indemnitee for Indemnitee’s payment of such Expenses. Such statement or statements shall reasonably evidence the Expenses incurred by Indemnitee and shall include or be preceded or accompanied by a written affirmation and undertaking by or on behalf of Indemnitee, in substantially the form attached hereto as Exhibit A or in such form as may be required under applicable law as in effect at the time of the execution thereof, to reimburse the portion (if any) of any Expenses advanced to Indemnitee relating to claims, issues or matters in the Proceeding as to which it shall ultimately be Adjudged by clear and convincing evidence, that the standard of conduct has not been met by Indemnitee and which have not been successfully resolved as described in Section 7 of this Agreement. For so long as the Company is subject to the Investment Company Act of 1940 (the “Investment Company Act”), any advancement of Expenses shall be subject to at least one of 

the following as a condition of the advancement: (a) Indemnitee shall provide appropriate security for [his][her] undertaking, (b) the Company shall be insured against losses arising by reason of any lawful advances or (c) a majority of a quorum of the Disinterested Directors, or Independent Counsel in a written report based on a review of readily available facts, shall determine that there is no reason to believe that Indemnitee ultimately will be found to not be entitled to indemnification. To the extent that Expenses advanced to Indemnitee do not relate to a specific claim, issue or matter in the Proceeding, such Expenses shall be allocated on a reasonable and proportionate basis. The undertaking required by this Section 8 shall be an unlimited general obligation by or on behalf of Indemnitee and shall be accepted without reference to Indemnitee’s financial ability to repay such advanced Expenses and without any requirement to post security therefor.

		
	9.
	Indemnitee as Witness or Other Participant. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee was, is or may be, by reason of Indemnitee’s Corporate Status, made a witness or otherwise asked to participate in any Proceeding, whether instituted by the Company or any other party, and to which Indemnitee is not a party, Indemnitee shall be advanced all reasonable Expenses and indemnified and held harmless against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith within fifteen (15) days after the receipt by the Company of a statement or statements requesting any such advance or indemnification from time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses incurred by Indemnitee. In connection with any such advancement of Expenses, the Company may require Indemnitee to provide a written affirmation and undertaking substantially in the form attached hereto as Exhibit A.

		
	10.
	Procedure for Determination of Entitlement to Indemnification.

		
	a.
	To obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request, including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary or appropriate to determine whether and to what extent Indemnitee is entitled to indemnification. Indemnitee may submit one or more such requests from time to time and at such time(s) as Indemnitee deems appropriate in Indemnitee’s sole discretion. The officer of the Company receiving any such request from Indemnitee shall, promptly upon receipt of such a request for indemnification, advise the Board of Directors of the Company that Indemnitee has requested indemnification by the Company.

		
	b.
	Upon written request by Indemnitee for indemnification pursuant to Section 10(a) above, a determination, if required by applicable law, with respect to Indemnitee’s entitlement thereto shall promptly be made in the specific case: (i) if a Change in Control shall have occurred, by Independent Counsel in a written opinion to the Board of Directors, a copy of which shall be delivered to Indemnitee, which Independent Counsel shall be selected by Indemnitee and approved by the Board of Directors in accordance with Section 2-418(e)(2)(ii) of the MGCL, which approval shall not be unreasonably withheld; or (ii) if a Change in Control shall not have occurred, (A) by the Board of Directors by a majority vote of a quorum consisting of Disinterested Directors or, if such a quorum cannot be obtained, then by a majority vote of a duly authorized committee of the Board of Directors consisting solely of one or more Disinterested Directors, (B) if Independent Counsel has been selected by the Board of Directors in accordance with Section 2-418(e)(2)(ii) of the MGCL and approved by Indemnitee, which approval shall not be unreasonably withheld or delayed, by Independent 

Counsel in a written opinion to the Board of Directors, a copy of which shall be delivered to Indemnitee, or (C) if so directed by at least a majority of the members of the Board of Directors, the stockholders of the Company. If it is so determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall be made within fifteen (15) days after such determination. Indemnitee shall cooperate with the Company (including Independent Counsel selected by the Company) in making such determination with respect to Indemnitee’s entitlement to indemnification, including providing to the Company, upon reasonable advance written request, any documentation or information which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary or appropriate to such determination in the discretion of the Board of Directors or Independent Counsel, as applicable; provided, however Indemnitee shall not be required to waive any applicable privilege or work product protection. Any Expenses incurred by Indemnitee in so cooperating with the Company or Independent Counsel shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Company shall indemnify and hold Indemnitee harmless therefrom.

		
	c.
	The Company agrees to pay the reasonable fees and expenses of any Independent Counsel and to fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. In no event shall the Indemnitee be required or requested to pay any such fees or expenses or to provide any such indemnification.

		
	11.
	Presumptions and Effect of Certain Proceedings.

		
	a.
	In making any determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination shall presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with Section 10(a) of this Agreement, and the Company shall have the burden to overcome that presumption in connection with the making of any determination contrary to that presumption. 

		
	b.
	The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, upon a plea of nolo contendere or its equivalent, or entry of an order of probation prior to judgment, does not create a presumption that Indemnitee did not meet the requisite standard of conduct described herein for indemnification.

		
	c.
	The knowledge and/or actions, or failure to act, of any other director, officer, employee or agent of the Company or any other director, trustee, officer, partner, manager, managing member, fiduciary, employee or agent of any other foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise shall not be imputed to Indemnitee for purposes of determining any right to indemnification under this Agreement.

		
	d.
	For purposes of any determination as to Indemnitee’s entitlement to indemnification, Indemnitee shall be presumed to have met the standard of conduct for indemnification if, among other things and without limitation, Indemnitee relied on any information, opinion, report or statement, including any financial statement or other financial data or the records 

or books of account of the Company or any Enterprise, prepared or presented by an officer or employee of the Company or any Enterprise whom Indemnitee reasonably believed to be reliable and competent in the matters presented, by a lawyer, certified public accountant, appraiser or other person, as to a matter which Indemnitee reasonably believed to be within the person’s professional or expert competence, or, if Indemnitee was serving on the Board of Directors of the Company or as a member of any similar body of any Enterprise, by a committee of the Board of Directors or such other body on which Indemnitee does not serve, as to a matter within its designated authority, if Indemnitee reasonably believes the committee to merit confidence. The provisions of this Section 11(d) shall not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee met, or be presumed to have met, the applicable standard of conduct set forth in this Agreement.

		
	e.
	For purposes of this Agreement, Indemnitee shall be considered to have been wholly successful with respect to any Proceeding if such Proceeding is disposed of, on the merits or otherwise (including a disposition without prejudice), without (i) the disposition being adverse to Indemnitee, (ii) it being Adjudged that Indemnitee was liable to the Company, (iii) a plea of guilty by Indemnitee, (iv) it being Adjudged that an act or omission of Indemnitee was material to the matter giving rise to the Proceeding and was (A) committed in bad faith or (B) the result of Indemnitee’s active and deliberate dishonesty, (v) it being Adjudged that Indemnitee actually received an improper personal benefit in money, property or services or (vi) with respect to any criminal proceeding, it being Adjudged that Indemnitee had reasonable cause to believe the act or omission was unlawful.

		
	12.
	Remedies of Indemnitee.

		
	a.
	If (i) a determination is made pursuant to Section 10(b) of this Agreement that Indemnitee is not entitled to indemnification under this Agreement; (ii) advancement of Expenses is not timely made pursuant to Sections 8 or 9 of this Agreement; (iii) no determination of entitlement to indemnification shall have been made pursuant to Section 10(b) of this Agreement within sixty (60) days after receipt by the Company of the request for indemnification; (iv) payment of indemnification is not made pursuant to Sections 7 or 9 of this Agreement within fifteen (15) days after receipt by the Company of a written request therefor; or (v) payment of indemnification pursuant to any other section of this Agreement or the charter or bylaws of the Company is not made within fifteen (15) days after a determination has been made that Indemnitee is entitled to indemnification, Indemnitee shall be entitled to an adjudication in an appropriate court located in the State of Maryland or in any other court of competent jurisdiction, with regard to Indemnitee’s entitlement to indemnification or advancement of Expenses. Alternatively, Indemnitee, at Indemnitee’s option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association. Indemnitee shall commence a proceeding seeking an adjudication or an award in arbitration within one hundred eighty (180) days following the date on which Indemnitee first has the right to commence such proceeding pursuant to this Section 12(a); provided, however, that the foregoing clause shall not apply to a proceeding brought by Indemnitee to enforce [his][her] rights under Section 7 of this Agreement. Except as set forth herein, the provisions of Maryland law (without regard to its conflicts of laws rules) shall apply to any such arbitration. The Company shall not oppose Indemnitee’s right to seek any such adjudication or award in arbitration.

		
	b.
	In any judicial proceeding or arbitration commenced pursuant to this Section 12, Indemnitee shall be presumed to be entitled to indemnification or advancement of Expenses, as the case may be, under this Agreement and the Company shall have the burden of proving that Indemnitee is not entitled to indemnification or advancement of Expenses, as the case may be. If Indemnitee commences a judicial proceeding or arbitration pursuant to this Section 12, Indemnitee shall not be required to reimburse the Company for any advances pursuant to Section 8 of this Agreement until a final determination is made with respect to Indemnitee’s entitlement to indemnification (as to which all rights of appeal have been exhausted or lapsed). The Company shall, to the fullest extent not prohibited by law, be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Section 12 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator that the Company is bound by all of the provisions of this Agreement.

		
	c.
	If a determination shall have been made pursuant to Section 10(b) of this Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 12, absent a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the request for indemnification that was not disclosed in connection with the determination.

		
	d.
	In the event that Indemnitee, pursuant to this Section 12, seeks a judicial adjudication of or an award in arbitration to enforce Indemnitee’s rights under, or to recover damages for breach of, this Agreement, Indemnitee shall be entitled to advancement from the Company, and shall be indemnified and held harmless by the Company for, any and all Expenses actually and reasonably incurred by [him][her] in such judicial adjudication or arbitration. If it shall be determined in such judicial adjudication or arbitration that Indemnitee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the Expenses incurred by Indemnitee in connection with such judicial adjudication or arbitration shall be appropriately prorated. 

		
	e.
	Interest shall be paid by the Company to Indemnitee at the maximum rate allowed to be charged for judgments under the Courts and Judicial Proceedings Article of the Annotated Code of Maryland for amounts which the Company pays or is obligated to pay for the period (i) commencing with either the 10th day after the date on which the Company was requested to advance Expenses in accordance with Sections 8 or 9 of this Agreement or the 60th day after the date on which the Company was requested to make the determination of entitlement to indemnification under Section 10(b) of this Agreement, as applicable, and (ii)  ending on the date such payment is made to Indemnitee by the Company.

		
	13.
	Defense of Underlying Proceeding.

		
	a.
	Indemnitee shall notify the Company promptly in writing upon being served with or receiving any summons, citation, subpoena, complaint, indictment, notice, request or other document relating to any Proceeding which may result in the right to indemnification or the advancement of Expenses hereunder and shall include with such notice a description of the nature of the Proceeding and a summary of the facts underlying the Proceeding. The failure to give any such notice shall not disqualify Indemnitee from the right, or otherwise affect in any manner any right of Indemnitee, to indemnification or the advancement of Expenses under this 

Agreement unless the Company’s ability to defend in such Proceeding or to obtain proceeds under any insurance policy is materially and adversely prejudiced thereby, and then only to the extent the Company is thereby actually so prejudiced.

		
	b.
	Subject to the provisions of the last sentence of this Section 13(b) and of Section 13(c) below, the Company shall have the right to defend Indemnitee in any Proceeding which may give rise to indemnification hereunder using a law firm of the Company’s choice, subject to the prior written approval of the Indemnitee, which shall not be unreasonably withheld; provided, however, that the Company shall notify Indemnitee in writing of any such decision to defend within fifteen (15) calendar days following receipt of notice of any such Proceeding under Section 13(a) above. Indemnitee shall have the right to retain a separate law firm in any such Proceeding at Indemnitee’s sole expense.  The Company shall not, without the prior written consent of Indemnitee, which shall not be unreasonably withheld or delayed, consent to the entry of any judgment against Indemnitee or enter into any settlement or compromise of a claim against Indemnitee which (i) includes an admission of fault of Indemnitee; (ii) does not include, as an unconditional term thereof, (A) the full release with prejudice of Indemnitee from all liability in respect of such Proceeding, which release shall be in form and substance reasonably satisfactory to Indemnitee and (B) the complete dismissal of all claims against the Indemnitee with prejudice; or (iii) would impose any Expense, judgment, fine, penalty or limitation on Indemnitee. This Section 13(b) shall not apply to a Proceeding brought by Indemnitee under Section 12 of this Agreement, a Proceeding by or in the right of the Company or in the case of clause (ii) of Section 13(c).

		
	c.
	Notwithstanding the provisions of Section 13(b) above, if in a Proceeding to which Indemnitee is a party, (i) Indemnitee reasonably concludes, based upon advice of counsel approved by the Company, which approval shall not be unreasonably withheld or delayed, that Indemnitee may have separate defenses or counterclaims to assert with respect to any issue which may not be consistent with other defendants in such Proceeding, (ii) Indemnitee reasonably concludes, based upon advice of counsel approved by the Company, which approval shall not be unreasonably withheld or delayed, that an actual or apparent conflict of interest or potential conflict of interest exists between Indemnitee and the Company, or (iii) if the Company fails to assume the defense of such Proceeding in a timely manner, Indemnitee shall be entitled to be represented by separate legal counsel of Indemnitee’s choice, subject, except in the case of (ii) or (iii) above, to the prior approval of the Company, which approval shall not be unreasonably withheld or delayed, at the expense of the Company. In addition, if the Company fails to comply with any of its obligations under this Agreement or in the event that the Company or any other person takes any action to declare this Agreement void or unenforceable, or institutes any Proceeding to deny or to recover from Indemnitee the benefits intended to be provided to Indemnitee hereunder, Indemnitee shall have the right to retain counsel of Indemnitee’s choice, subject to the prior approval of the Company, which approval shall not be unreasonably withheld or delayed, at the expense of the Company (subject to Section 12(d) of this Agreement), to represent Indemnitee in connection with any such matter.

		
	14.
	Jointly Indemnifiable Claims.  Given that certain Jointly Indemnifiable Claims may arise, the Company acknowledges and agrees that the Company shall, and to the extent applicable shall cause any Enterprise to (i) be fully and primarily responsible for, and be the indemnitor of first resort with respect to, payment to or payment on behalf of the Indemnitee in respect of indemnification or 

advancement of Expenses in connection with any such Jointly Indemnifiable Claim, irrespective of any right of recovery the Indemnitee may have from the Third-Party Indemnitors, and (ii) be required to advance the full amount of Expenses incurred by the Indemnitee and shall be liable for the full amount of all Expenses, judgments, fines, penalties and amounts paid in settlement to the extent not prohibited by (and not merely to the extent affirmatively permitted by) applicable law and as required by the terms of this Agreement, without regard to any rights the Indemnitee may have against the Third-Party Indemnitors.  Under no circumstance shall the Company or any Enterprise be entitled to, and the Company hereby irrevocably waives, relinquishes and releases, any claims against the Third-Party Indemnitors for subrogation, contribution or recovery of any kind and no right of advancement or recovery the Indemnitee may have from the Third-Party Indemnitors shall reduce or otherwise alter the rights of the Indemnitee or the obligations of the Company or any Enterprise.  The Company further agrees that no advancement or payment by any Third-Party Indemnitor on behalf of Indemnitee with respect to any Proceeding for which Indemnitee has sought indemnification, exoneration or hold harmless rights from the Company shall affect the foregoing and the Third-Party Indemnitor(s) shall have a right to receive from the Company, contribution and/or be subrogated, to the extent of such advancement or payment to all of the rights of recovery of Indemnitee against the Company. The Company and the Indemnitee agree that each of the Third-Party Indemnitors shall be third-party beneficiaries with respect to this Agreement entitled to enforce this Section 14 as though each such Third-Party Indemnitor were a party to this Agreement.

		
	15.
	Non-Exclusivity; Survival of Rights; Subrogation.

		
	a.
	The rights of indemnification and advancement of Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under (i) applicable law (including, but not limited to, the MGCL), (ii) the charter or bylaws of the Company, (iii) any agreement or (iv) a resolution of (A) the stockholders entitled to vote generally in the election of directors or (B) the Board of Directors, or otherwise. Unless consented to in writing by Indemnitee, no amendment, alteration or repeal of this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in [his][her] Corporate Status prior to such amendment, alteration or repeal, regardless of whether a claim with respect to such action or inaction is raised prior or subsequent to such amendment, alteration or repeal. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right or remedy shall be cumulative and in addition to every other right or remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion of any right or remedy hereunder, or otherwise, shall not prohibit the concurrent assertion or employment of any other right or remedy.

		
	b.
	Except as set forth in Section 14, in the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.

		
	16.
	Insurance.

		
	a.
	The Company shall purchase and maintain a policy or policies of directors and officers insurance with reputable insurance companies. The Company shall continue to provide such insurance coverage to Indemnitee and such insurance policies shall have coverage terms and policy limits at least as favorable to Indemnitee as the insurance coverage provided to any other director or officer of the Company. If the Company has such insurance in effect at the time it receives from Indemnitee any notice of the commencement of an action, suit, proceeding or other claim, the Company shall give prompt notice of the commencement of such action, suit, proceeding or other claim to the insurers and take such other actions in accordance with the procedures set forth in the policy as required or appropriate to secure coverage of Indemnitee for such action, suit, proceeding or other claim. The Company shall thereafter take all reasonably necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such action, suit, proceeding or other claim in accordance with the terms of such policy. In the event of a Change in Control that would result in a loss or cancellation of the Company directors’ and officers’ insurance policy or policies, the Company shall purchase a directors and officers “Tail” insurance policy or policies to provide coverage to the Company’s directors and officers for a period of six (6) years after such Change in Control, but only with respect to coverage for claims arising from wrongful acts, errors or omissions occurring before such Change in Control.

		
	b.
	Without in any way limiting any other obligation under this Agreement, the Company shall indemnify Indemnitee for any payment by Indemnitee which would otherwise be indemnifiable hereunder arising out of the amount of any deductible or retention and the amount of any excess of the aggregate of all judgments, penalties, fines, settlements and Expenses incurred by Indemnitee in connection with a Proceeding over the coverage of any insurance referred to in Section 16(a). The purchase, establishment and maintenance of any such insurance shall not in any way limit or affect the rights or obligations of the Company or Indemnitee under this Agreement except as expressly provided herein, and the execution and delivery of this Agreement by the Company and Indemnitee shall not in any way limit or affect the rights or obligations of the Company under any such insurance policies. If, at the time the Company receives notice from any source of a Proceeding to which Indemnitee is a party or a participant (as a witness or otherwise), the Company has director and officer liability insurance in effect, the Company shall give prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies.

		
	17.
	Other Sources; Investment Company Act. Notwithstanding any other provision of this Agreement, the Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable or payable or reimbursable as Expenses hereunder if and to the extent that (i) Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise, except as otherwise provided in Section 14 to this Agreement, or (ii) for so long as the Company is subject to the Investment Company Act, indemnification or payment or reimbursement of Expenses would not be permissible under the Investment Company Act, whether pursuant to Section 17(h) of the Investment Company Act or otherwise.  In addition, for so long as the Company is subject to the Investment Company Act of 1940, the presumptions, considerations and similar provisions set forth in Section 11(d) and (e) of this Agreement shall be of no force or effect to the extent inconsistent with the Investment Company Act and shall otherwise be construed in a manner 

to include any additional conditions, restrictions or references required to be contained therein by the Investment Company Act, including, without limitation, the disabling conduct set forth in Section 17(h) of the Investment Company Act.

		
	18.
	Contribution. If the indemnification provided in this Agreement is unavailable in whole or in part and may not be paid to Indemnitee for any reason, other than for failure to satisfy the standard of conduct set forth in Section 4 or due to the provisions of Section 5, then, with respect to any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding), to the fullest extent permissible under applicable law, the Company, in lieu of indemnifying and holding harmless Indemnitee, shall pay, in the first instance, the entire amount incurred by Indemnitee, whether for Expenses, judgments, penalties, and/or amounts paid or to be paid in settlement, in connection with any Proceeding without requiring Indemnitee to contribute to such payment, and the Company hereby waives and relinquishes any right of contribution it may have at any time against Indemnitee.

		
	19.
	Miscellaneous.

		
	a.
	This Agreement shall be effective as of the Effective Date and may apply to acts or omissions of Indemnitee taken in or in connection with Indemnitee’s Corporate Status which occurred prior to such date if Indemnitee was an officer, director, employee or agent of the Company or was a director, trustee, officer, partner, manager, managing member, fiduciary, employee or agent of any Enterprise at the time such act or omission occurred.

		
	b.
	This Agreement shall continue until and terminate on the later of: (i) the date that Indemnitee shall have ceased to serve as a director, officer, employee or agent of the Company or as a director, trustee, officer, partner, manager, managing member, fiduciary, employee or agent of any other foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving in such capacity at the request of the Company and (ii) the date that Indemnitee is no longer subject to any actual or possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by Indemnitee pursuant to Section 12 of this Agreement).

		
	c.
	The indemnification and advancement of Expenses provided by, or granted pursuant to, this Agreement shall be binding upon and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, substantially all or a substantial part, of the business and/or assets of the Company), shall continue as to an Indemnitee who has ceased to be a director, officer, employee or agent of the Company or a director, trustee, officer, partner, manager, managing member, fiduciary, employee or agent of any other foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving in such capacity at the request of the Company, and shall inure to the benefit of Indemnitee and Indemnitee’s spouse, assigns, heirs, devisees, executors and administrators and other legal representatives.

		
	d.
	If, by reason of Indemnitee’s Corporate Status, Indemnitee’s spouse is made a party to any Proceeding, the Company shall indemnify and hold harmless Indemnitee’s spouse against all judgments, penalties, fines and amounts paid in settlement and all Expenses actually and 

reasonably incurred by Indemnitee’s spouse in connection with any such Proceeding unless (and only to the extent) it is ultimately Adjudged that (a) the act or omission of Indemnitee was material to the matter giving rise to the Proceeding and (i) was committed in bad faith or (ii) was the result of active and deliberate dishonesty; (b) Indemnitee actually received an improper personal benefit in money, property or services; or (c) in the case of any criminal Proceeding, Indemnitee had reasonable cause to believe that [his][her] conduct was unlawful. Further, Indemnitee’s spouse shall not be entitled to (x) indemnification hereunder if the Proceeding was one by or in the right of the Company and Indemnitee is Adjudged to be liable to the Company; (y) indemnification hereunder if Indemnitee is Adjudged to be liable on the basis that personal benefit was improperly received in any Proceeding charging improper personal benefit to Indemnitee; or (z) indemnification or advancement of Expenses hereunder if the Proceeding was brought by Indemnitee, unless: (i) the Proceeding was brought to establish or enforce indemnification rights under this Agreement, and then only to the extent in accordance with and as authorized by Section 12 of this Agreement, or (ii) the Company’s charter or bylaws, a resolution of the stockholders entitled to vote generally in the election of directors or of the Board of Directors or an agreement approved by the Board of Directors to which the Company is a party, expressly provides otherwise. The foregoing right to indemnification shall include, without limitation, any Proceeding that seeks damages recoverable from marital community property, jointly-owned property or property purported to have been transferred from the Indemnitee to his or her spouse (or former spouse); provided that Indemnitee is indemnified and held harmless for the same pursuant to this Agreement. The Indemnitee’s spouse or former spouse also shall be entitled to advancement of Expenses to the same extent that Indemnitee is entitled to advancement of Expenses herein. The Company may maintain insurance to cover its obligation hereunder with respect to Indemnitee’s spouse (or former spouse) or set aside assets in a trust or escrow fund for that purpose.

		
	e.
	The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

		
	f.
	The Company and Indemnitee agree that a monetary remedy for breach of this Agreement, at some later date, may be inadequate, impracticable and difficult to prove, and further agree that such breach may cause Indemnitee irreparable harm. Accordingly, the parties hereto agree that Indemnitee may enforce this Agreement by seeking injunctive relief and/or specific performance hereof, without any necessity of showing actual damage or irreparable harm and that by seeking injunctive relief and/or specific performance, Indemnitee shall not be precluded from seeking or obtaining any other relief to which Indemnitee may be entitled. Indemnitee shall further be entitled to such injunctive relief and/or specific performance, including temporary restraining orders, preliminary injunctions and permanent injunctions, without the necessity of posting bonds or other undertakings in connection therewith. The Company acknowledges that, in the absence of a waiver, a bond or undertaking may be required of Indemnitee by a court, and the Company hereby waives any such requirement of such a bond or undertaking.

		
	g.
	If any provision or provisions of this Agreement shall be held to be invalid, void, illegal or otherwise unenforceable for any reason whatsoever: (i) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section, paragraph or sentence of this Agreement containing any such provision held to be invalid, illegal or unenforceable that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by law; (ii) such provision or provisions shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (iii) to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any Section, paragraph or sentence of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby.

		
	h.
	No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor, unless otherwise expressly stated, shall such waiver constitute a continuing waiver.

		
	i.
	All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given if (i) delivered by hand or overnight courier service and receipted for by the party to whom said notice, request, demand or other communication shall have been directed, on the day of such delivery, or (ii) mailed by certified or registered mail with postage prepaid, on the third business day after the date on which it is so mailed: (i) if to Indemnitee, to the address set forth on the signature page hereto; or (ii) if to the Company, to Triangle Capital Corporation, 3700 Glenwood Avenue, Suite 530, Raleigh, NC 27612, Attn: Corporate Secretary; or to such other address as may have been furnished in writing to Indemnitee by the Company or to the Company by Indemnitee, as the case may be.

		
	j.
	This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Maryland, without regard to its conflicts of laws rules.

		
	k.
	This Agreement may be executed in one or more counterparts (delivery of which may be in electronic format), each of which shall for all purposes be deemed to be an original and all of which together shall constitute one and the same Agreement. One such counterpart signed by the party against whom enforceability is sought shall be sufficient to evidence the existence of this Agreement.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written:

TRIANGLE CAPITAL CORPORATION

By:                        
Name:                        
Title:                        

[INDEMNITEE]

                        
Address:                    
                        
                        

EXHIBIT A

AFFIRMATION AND UNDERTAKING TO REPAY EXPENSES ADVANCED
To: The Board of Directors of Triangle Capital Corporation
Re: Affirmation and Undertaking
Ladies and Gentlemen:
This Affirmation and Undertaking is being provided pursuant to the Indemnification Agreement, dated as of the [EFFECTIVE DATE], by and between Triangle Capital Corporation, a Maryland corporation (the “Company”), and me as the undersigned Indemnitee (the “Indemnification Agreement”), pursuant to which I am entitled to advancement of Expenses in connection with [Description of Proceeding] (the “Proceeding”).
Terms used herein and not otherwise defined shall have the meanings specified in the Indemnification Agreement.
I am subject to the Proceeding by reason of my Corporate Status or by reason of alleged actions or omissions by me in such capacity. I hereby affirm my good faith belief that at all times, insofar as I was involved as [a director][an officer] of the Company, in any of the facts or events giving rise to the Proceeding, I (i) did not act with will misfeasance,* bad faith, gross negligence,*  active and deliberate dishonesty or reckless disregard of duties,* (ii) did not receive any improper personal benefit in money, property or services and (iii) in the case of any criminal proceeding, had no reasonable cause to believe that any act or omission by me was unlawful.
In consideration of the advancement of Expenses by the Company for Expenses incurred by me in connection with the Proceeding (the “Advanced Expenses”), I hereby agree that if, in connection with the Proceeding, it is Adjudged that (i) an act or omission by me was material to the matter giving rise to the Proceeding and (A) was committed in bad faith or (B) was the result of willful misfeasance,* gross negligence,* active and deliberate dishonesty or reckless disregard of duty,* (ii) I actually received an improper personal benefit in money, property or services, or (iii) in the case of any criminal proceeding, I had reasonable cause to believe that the act or omission was unlawful, then I shall promptly reimburse the portion of the Advanced Expenses relating to the claims, issues or matters in the Proceeding as to which the foregoing findings have been established.
IN WITNESS WHEREOF, I have executed this Affirmation and Undertaking on this _____ day of _______________, 20____.
 
Name:                        

* These references can be deleted in any Affirmation and Undertaking if at the time of the submission thereof the Company is no longer subject to the Investment Company Act of 1940.EX-10.11

 Exhibit 10.11 

City of Buenos Aires, December 15, 2017 
 To

 YPF Energía Eléctrica S.A. 

Martín Mandarano 
 515 Macacha Güemes St. 

Autonomous City of Buenos Aires 
 Re.:
Offer to Execute an Agreement for the Transfer of a Steam and Electric Power Cogeneration Plant 
 Dear Sirs, 

Central Puerto S.A. Tax PIN [CUIT]:
No. 33-65030549-9, with main office at 2701 Tomás Edison Ave., Autonomous City of Buenos Aires (hereinafter, indistinctly, “Central Puerto”,
“CPSA” or “Seller”) hereby submits to YPF Energía Eléctrica S.A., (hereinafter, indistinctly, “YPF EE” or “Purchaser”) this irrevocable offer to execute an agreement
for the transfer of a steam and electric power cogeneration plant in accordance with the terms and conditions attached hereto as Annex “A”, all the pages of which have been signed by me for identification purposes (the
“Offer”). 
 This Offer shall be effective for a term of three (3) business days (beginning on the date of receipt
hereof) and shall be considered accepted by YPF EE upon delivery by YPF EE to Central Puerto: (i) of an acceptance letter within the above mentioned term; and (ii) a letter executed by an attorney of YPF S.A. with sufficient powers to such
end, substantially in the form of Annex “B”, below, accepting all the terms and conditions of the Offer, providing that YPF S.A. shall not be bound under the terms and conditions of the Offer except with respect to the
execution of the Certificate of Termination, as defined in the Offer. No other event or act shall be required to consider this Offer accepted. 

Sincerely, 
  

					
	/S/ Eng. Héctor Sergio FALZONE	 		 	/S/ Eng. Jorge RAUBER
	 Commercial and Fuel Manager [Gerente

Comercial y Combustible]
	 		 	General Manager

 Attorneys 

CENTRAL PUERTO S.A. 

  
 1 

 ANNEX “A” 

TERMS AND CONDITIONS 

WHEREAS: 
  

	(i)	On August 16, 1995, Y.P.F. S.A. and Empresa de Energía y Vapor S.A. – CMS Ensenada S.A. (U.T.E.), later called La Plata Cogeneración S.A. and currently called Central Puerto, executed a Contract
for the Supply of Electric Power and Steam, initially effective up to October 31, 2017 (hereinafter the “LPC Contract”), from Central Puerto’s plant “Central La Plata Cogeneración” (hereinafter
“Central LPC”), located on a fraction of land in the premises of Y.P.F. S.A.’s refinery “Refinería La Plata”, assigned as a gratuitous tenancy by Y.P.F. S.A. to CPSA. 

 

	(ii)	Pursuant to Resolution 287-E/2017 (hereinafter “Res. 287/17”), the Secretariat of Electric Power made an Open Invitation to Tender Bids [Convocatoria Abierta a
Interesados or “CAI”] for the sale of electricity produced as a result of the installation of new generation capacity using technologies, including, without limitation, cogeneration. 

 

	(iii)	As a result of the CAI, CPSA and YPF S.A. have been discussing the possibility of: (i) developing a cogeneration project in CPSA’s Plant “Central Lujan de Cuyo”, in the Province of Mendoza, that
would be tendered by CPSA within the framework of the CAI, and (ii) transferring the Generation Assets, the Contracts and the Staff (as hereinafter defined) of CPSA’s Central LPC to YPF EE (the “CLPC Transfer Agreement”).

  

	(iv)	In such respect, on June 22, 2017, CPSA sent a proposal (the “Proposal”) to YPF S.A. for the development of a new cogeneration project (hereinafter the “Cogeneration Project”), in
its plant located in Luján de Cuyo, Province of Mendoza (hereinafter “CTM”). 

  

	(v)	The Proposal was accepted by YPF S.A. and, as a consequence, CPSA and YPF S.A. executed a Memorandum of Understanding (hereinafter the “MoU”): 

 

	 	a)	setting forth the terms under which, on 08/08/17, CPSA tendered a bid (hereinafter the “Cogeneration Bid”) within the framework of the CAI with respect to the Cogeneration Project with capacity to
generate 92 MW of electric power that would be sold to the Wholesale Electricity Market (“WEM”), and 125 Tn/h of steam that would be delivered to YPF S.A.’s refinery in Luján de Cuyo, and 

 

	 	b)	whereby YPF S.A. and Central Puerto agreed that, in the event CPSA were awarded a contract with respect to the Cogeneration Bid within the framework of the CAI, they would execute a “Contract for the supply of
steam and an isolated electrical system [isla eléctrica] to the Luján de Cuyo Refinery and supply of water and fuel to CTM” (hereinafter the “Steam Supply Contract”) before executing the WMC (as defined in
Whereas vi below). 

  
 2 

	(vi)	The electric power generated under the Cogeneration Project shall be marketed, if the Cogeneration Bid were selected and a contract awarded, under a Wholesale Market Contract [Contrato de Demanda Mayorista]
executed with CAMMESA (hereinafter the “WMC”) pursuant to the provisions of Resolution 287/17. 

  

	(vii)	On August 9, 2017, Central Puerto sent to YPF EE and YPF S.A. accepted, an offer for the purpose of (a) establishing the terms and conditions under which CPSA would tender the Cogeneration Project bid within
the framework of the CAI; and (b) establishing the terms and conditions under which Central Puerto would sell and transfer the Generation Assets, the Staff and the Contracts of Central LPC (as hereinafter defined) to YPF EE (the “Master
Agreement”). 

  

	(viii)	On September 25, 2017, a contract was awarded to CPSA with respect to the Cogeneration Bid tendered within the framework of the CAI; 

 

	(ix)	During the negotiations maintained between the Parties in connection with the execution of the CLPC Transfer Agreement (as defined in the Master Agreement), the Parties executed a Confidentiality Agreement dated
October 18, 2017 (the “Confidentiality Agreement”), whereby CPSA made available to YPF technical, legal, accounting, employment, commercial or business confidential information relating to the Disclosing Party and its assets
and/or liabilities (hereinafter, the “Confidential Information”) 

  

	(x)	On October 31, 2017, YPF S.A. and CPSA agreed to extend the LPC Contract for an additional term of five (5) months and/or up to the agreed date of actual transfer of the Generation Assets, the Contracts and
the Staff of Central LPC, the first to occur. 

  

	(xi)	In compliance with the provisions of Section 2.3. of the Master Agreement, Central Puerto wishes to sell and transfer to YPF EE, and YPF EE wishes to purchase from Central Puerto, in accordance with the terms and
conditions hereof, (a) all the rights, title and interest of Central Puerto in and to the Generation Assets, (b) the Staff assigned to the operation of the Generation Assets and (c) the Contracts for the operation and/or maintenance
of the Generation Assets. 

 THEREFORE, both parties agree that the relationship that would exist between them if the Offer were
accepted, in accordance with its terms, shall be subject to the following terms and conditions: 
 1. Definitions. 

Unless otherwise expressly defined, the following capitalized terms used in this Offer shall have the meaning indicated below: 

“Certificate of Termination of the LPC Contract” means the certificate that will be executed between YPF S.A. and Central Puerto on the
Closing Date, substantially in the form of Annex V. 
 “Certificate of Transfer” means the certificate that will be executed between YPF EE
and Central Puerto on the Closing Date, substantially in the form of Annex IX. 

  
 3 

 “Generation Assets” means: (i) the property, plant and equipment and other assets of
Central LPC described in Annex I hereof; (ii) all the documents relating to the assets referred to in item (i) above, including, without limitation, title to motor vehicles, plans, surveys, technical and construction plans,
operation and maintenance manuals, permits and licenses, authorizations and/or categorizations; and (iii) the assets used by Seller to operate and/or maintain Central LPC. 

“Steam Supply Contract” has the meaning set forth in Whereas (v), item (b) above. 

“Affiliate” means, with respect to a certain person, any individual or entity controlling, controlled by or under common control with, said
person. For the purposes hereof, the term “control” and related terms shall have the meaning set forth in Section 33 of Law No. 19,550. 

“Annexes” means the annexes attached to the Offer, which shall be considered an integral part of the Offer to all purposes. 

“Authority” means any national, provincial or municipal government or authority or any regulatory or administrative department or agency
thereof or any entity or body, in accordance with the Applicable Law, with legislative, administrative or judicial powers or belonging to any of the above mentioned governments, authorities or entities, with jurisdiction over the relevant persons or
matters, or any arbitration tribunal. 
 “CAI” has the meaning set forth in Whereas (ii) above. 

“CAMMESA”: means Compañía Administradora del Mercado Mayorista Eléctrico Sociedad Anónima, an Entity Responsible
for the Dispatch of Energy pursuant to Decree No. 1192/1992. 
 “WMC” has the meaning set forth in Whereas (vi) above. 

“Central LPC” has the meaning set forth in Whereas (i) above. 

“Closing” has the meaning set forth in Section 4.4 below. 

“CNDC” means the Anti-Trust Commission [Comisión Nacional de Defensa de la Competencia]. 

“Knowledge of Central Puerto” means the actual knowledge of the Board of Directors, managers and executives of Central Puerto or the
knowledge they should have had if they had acted diligently in the exercise of their functions. 
 “Contracts” has the meaning set forth in
Section 9.8 below. 
 “LPC Contract” means the contract for the supply of electric power and steam executed by YPF S.A. and Empresa de
Energía y Vapor S.A.– CMS Ensenada S.A. (U.T.E.), later called La Plata Cogeneración S.A. and currently called Central Puerto- dated August 16, 1995, effective up to October 31, 2017. 

  
 4 

 “Maintenance Contract” means the maintenance contract referred to in Annex III.

 “CLPC Transfer Agreement” has the meaning set forth in Whereas (iii) above. 

“FTC” shall have the meaning set forth in Section 6.10. below. 

“CTM” has the meaning set forth in Whereas (iv) above. 

“Representations” shall have the meaning set forth in Section 10.3. below. 

“Spill” means any spill, emission, loss, pumping, pouring, leak, injection, deposit, discharge or scattering of any Hazardous Substance to,
in or through the environment. 
 “Termination Date” has the meaning set forth in Section 12.1(ii)(c) below. 

“Business Day” means a working day in the Republic of Argentina, excluding Saturdays, Sundays or holidays in the City of Buenos Aires. 

“US Dollars” means the legal tender in the United States of America as of the date hereof or any other substitute legal tender. 

“Due Diligence” means the legal (including the analysis of the municipal permits and licenses required for Central LPC to validly operate),
tax, labor and social security, operating, technical and environmental audit procedure whereby YPF EE shall verify and examine the books, documents, facilities, and generally, all the assets comprising the Generation Assets, the Staff and the
Contracts, during a period of thirty (30) calendar days beginning on the date of acceptance of the Offer (the “Due Diligence Period”). 

“Material Adverse Effect” means any effect, change, event, fact or circumstance that may cause substantial damage to the Generation Assets.

 ENRE: means the National Electricity Regulator [ENTE NACIONAL REGULADOR DE LA ELECTRICIDAD]. 

“Closing Date” has the meaning set forth in Section 4.4 below. 

“Lien” means any pledge, usufruct, in-rem or personal right, charge, mortgage, attachment,
lien, encumbrance and restriction to the use and/or sale of property to third party individuals or entities. 
 “Taxes” means any levy and
any tax, rate, assessment, charge or withholding established by law, or by any government, whether national, federal, provincial, local or municipal, including interests and penalties. 

“ECL”: means the Employment Contract Law. 

  
 5 

 “Environmental Law” or “Environmental Laws” means any national, provincial or
municipal Applicable Law relating to (i) the treatment, use, generation, production, deposit, transportation, handling, disposal and/or abandonment of Hazardous Substances or relating to Spills of Hazardous Substances, or (ii) the
preservation or protection of the environment (including, without limitation, natural resources, protected species, cultural resources, the air, land or water surfaces); (iii) the health, protection or wellbeing of human beings. 

“Applicable Law” or “Applicable Laws” means any law, decree, administrative decision, resolution, communication, provision,
ordinance, order, judgment or arbitration award, or any other legal act of any Authority, including, without limitation, the Environmental Laws. 

“Anti-Trust Law” means the Anti-Trust Law [Ley de Defensa de la Competencia] No. 25,156, as amended and/or
supplemented from time to time. 
 “Litigation” means any suit, legal action, administrative proceeding or investigation, decision,
judgement, ruling, injunction, award, resolution or warrant affecting the Generation Assets, the Contracts and the Staff. 
 “The
Procedures”: means “The Procedures for Scheduling the Operation, Dispatch and Pricing in the Wholesale Electricity Market” [Los Procedimientos para la Programación de la Operación, el Despacho de Cargas y el
Cálculo de Precios en el Mercado Eléctrico Mayorista] defined by Resolution No. 61/1992 of the former Secretariat of Electric Power, as amended and supplemented. 

“MoU” has the meaning set forth in Whereas (v) above. 

“WEM” has the meaning set forth in Whereas (v)(a) above. 

“Notice of Claim” has the meaning set forth in Section 13.04(a). 

“Indemnity Obligation” means the Indemnity obligation of Purchaser or the Indemnity obligation of Seller, as required by context. 

“OPDS”: means the Provincial Sustainable Development Agency [Organismo Provincial para el Desarrollo Sostenible]. 

“Order”: means any order, judgement, injunction, decision, determination or award issued or passed by any Authority. 

“Offer” means this Offer. 

“Party” means, individually, YPF EE or Central Puerto. 

“Parties” means, collectively, YPF EE and Central Puerto. 

“Indemnified Party” means a Central Puerto Indemnified Party or an YPF EE Indemnified Party, as required by context. 

  
 6 

 “Central Puerto Indemnified Party” has the meaning set forth in Section 13.02. 

“YPF EE Indemnified Party” has the meaning set forth in Section 13.01. 

“Indemnifying Party” has the meaning set forth in Section 13.04(a). 

“Permits” has the meaning set forth in Section 6.3.1. 

“Environmental Permits” has the meaning set forth in Section 6.7.1 below. 

“Loss” means any loss, liability, payment, charge, cost (including reasonable legal costs and expenses correctly incurred), expense, penalty,
fine, arbitration award, procedure, judgment and damages. 
 “Price” has the meaning set forth in Section 3.1 below.

 “Staff” means the staff assigned to the operation, maintenance and administration of the Generation Assets as described in
Annex II. 
 “Proposal” has the meaning set forth in Whereas (iv) above. 

“Cogeneration Project” has the meaning set forth in Whereas (iv) above. 

“Third Party Claim” has the meaning set forth in Section 13.04(a) below. 

“Representatives” shall have the meaning set forth in Section 10.3. below. 

“Res. 287/17” has the meaning set forth in Whereas (ii) above. 

“Liabilities” means any responsibility, obligation or liability of any kind or nature (known or unknown, contingent or non-contingent, accrued or not accrued, determined or undetermined, payable or to be payable). 
 “Insurance
Policies” has the meaning set forth in Section 6.9 below. 
 “Hazardous Substance” means any material, substance or waste
(whether liquid, solid or gaseous) that (i) needs to be removed, verified, remedied or reported under any Environmental Law, or that is listed, classified or regulated as a “hazardous waste” or “hazardous substance” (or any
other similar term) under any applicable Environmental Law, or (ii) that is regulated by the Environmental Law for being toxic, explosive, corrosive, flammable, infectious, radioactive, carcinogenic, mutagenic or otherwise hazardous, including
any petroleum product or by product, waste from petroleum derivatives, decomposing product, asbestos or polychlorinated biphenyls. 

“Transfer” means the transfer of the Generation Assets, the Contracts and the Staff to YPF EE agreed as a consequence of the
acceptance of this Offer. 

  
 7 

 “Arbitration Tribunal” means the Arbitration Tribunal of the Buenos Aires Stock Exchange.

 2. Transfer of the Generation Assets, the Contracts and the Staff. 

2.1. Pursuant to the terms and conditions of this Offer, Central Puerto agrees to sell, assign, transfer and deliver to YPF EE, on the Closing Date, and YPF EE
agrees to purchase, receive, accept and pay for, the Generation Assets and the Contracts, free and clear of any Lien. Likewise, pursuant to the terms and conditions hereof, Central Puerto shall transfer the Staff to YPF EE on the Closing Date. 

2.2. Title to each of the assets comprising the Generation Assets shall be transferred on the Closing Date; providing that title to the motor vehicles listed
in Annex I shall be transferred as soon as possible after the Closing in accordance with the nature of each such asset. 
 3. Price. 

3.1. The price agreed as consideration for the transfer of the Generation Assets, the Staff and the Contracts is thirty one million five hundred thousand US
Dollars (US$ 31,500,000) plus any applicable Value Added Tax (the “Price”). For taxation purposes, the Price shall be accounted for as indicated in Annex IV hereof. 

3.2. The Price shall be paid in US Dollars by deposit into the following account held by Central Puerto: CITIBANK N.A. NY, Account Number: 3613 0827, Swift
Code or BIC Code: CITIUS33, ABA or FedWire Routing Bank: 21000089. 
 3.3. The Price will be paid in full on the Closing Date. The Price does not include:
a) the costs and expenses relating to the registration of the transfer of Central LPC with any applicable municipal, provincial or national agency, and b) the costs, taxes, rates or assessments on the transfer levied in any jurisdiction. All such
amounts, as applicable, shall be paid by YPF EE. Any taxes, rates and assessments levied on the Generation Assets shall be paid by Central Puerto up to the Closing Date and by YPF EE beginning on the Closing Date. For the avoidance of doubt, the
Parties expressly agree that YPF EE shall not be liable for any tax, levy or assessment on the activities of CPSA or relating to the sales, revenues or income of CPSA, including, without limitation, any income tax, gross sales tax or VAT (other than
the VAT applicable to the transfer of the Generation Assets and the stamp Tax payable in connection with the execution of this Agreement, as established in Section 11.4). 

4. Conditions Precedent. Closing Date. 
 4.1.
Conditions Precedent for the Obligations of YPF EE. The obligation of YPF EE to complete the Transfer as of the Closing Date is subject to the satisfaction (or waiver in writing by Purchaser) of the following conditions: 

(i) The representations and warranties of Central Puerto described in Section 6 shall be true and correct in all material aspects as of
the date hereof and as of the Closing Date, except for those expressly referring to a different date (which shall be true and correct in all material aspects, as of such date). 

  
 8 

 (ii) Central Puerto shall have performed its obligations hereunder in all material aspects. 

(iii) No action, claim or proceeding shall have been initiated by any Authority or any other person (a) objecting to or seeking to
restrict or prevent the transfer of the Generation Assets, the Contracts and/or the Staff contemplated herein, or (b) seeking to prohibit the acquisition of the Generation Assets and/or the Contracts by YPF EE or the transfer of the Staff to
YPF EE. 
 (iv) No Material Adverse Effect shall have occurred. 

(v) The terms and conditions of this Offer shall have been approved by the Board of Directors of Central Puerto. 

(vi) YPF S.A. and CPSA shall have extended the effective term of the “Terms and Conditions of the Offer for the generation of steam”
for YPF S.A.’s Luján de Cuyo Refinery dated 11/17/97 (the “Existing Agreement”) for a term of up to twenty four (24) months beginning on January 1, 2019, in accordance with the terms of the MoU, resulting in said
Existing Agreement being effective up to no later than December 31, 2020, except if, prior to such date, CPSA had given notice to YPF S.A. of the commencement of the commercial operation of the new Cogeneration Plant that will be built by CPSA
in CTM, in which case the Existing Agreement shall be automatically terminated. 
 (vii) YPF S.A. and Central Puerto shall have executed the
Steam Supply Contract subject to the basic terms and conditions established in section one of the MoU. 
 (viii) CPSA shall have delivered to
YPF EE a copy of: A) with respect to the Contracts listed in items a) and b) of Annex III, any renewed or new contract executed for a term of no less than 3 months and no more than 6 months computed as of 10/31/2017, subject to the terms and
conditions currently in force, and B) the acceptance of the assignment of the Contracts listed in items a) and b) of Annex III by the parties thereto to YPF EE, as established in the renewals referred to in item A) above, as applicable, expressly
providing that CPSA agrees to carry out any act and/or procedure that would be necessary and/or convenient for such renewals and/or assignments to be effective. 

(ix) The YPF EE shall have conducted the Due Diligence as established in Section 10.3., and YPF EE shall have given no notice of its
decision to terminate this agreement as established in Section 10.4. below. 
 (x) 1) CPSA shall have complied with the regulations in
force (ENARGAS Resolution No. 419/1997, MEGSA Form Letter No. 06/2005 and Resolution NO. 739/2005 of the SE) in connection with the resale of the aggregate transportation capacity under the FTC contract to YPF EE pursuant to: (a) an
offer effective for a term of 27 days beginning on January 5, 2005 at 06:00 a.m.; and (b) another offer effective for 35 years beginning on February 1, 2018 at 06:00 a.m., publishing both offers on MEGSA for the minimum term permitted
under the applicable regulations in force, as applicable; 2) YPF EE shall have filed two applications to acquire 100% of the capacity for the terms indicated in item 1) above; and 3) MEGSA shall have awarded the aggregate transportation capacity
under the FTC contract to YPF EE for the terms indicated in item 1) above. 

  
 9 

 4.2. Conditions Precedent for the Obligations of Central Puerto. The obligation of Central Puerto to
complete the Transfer as of the Closing Date is subject to the satisfaction (or waiver in writing by Central Puerto) of the following conditions: 

(i) The representations and warranties of Purchaser described in Section 7 shall be true and correct in all material aspects as of the
date hereof and as of the Closing Date, except for those expressly referring to a different date (which shall be true and correct in all material aspects, as of such date). 
  

	 	(ii)	YPF EE shall have performed its obligations hereunder in all material aspects. 

 (iii) No
action, claim or proceeding shall have been initiated by any Authority or any other person (a) objecting to or seeking to restrict or prevent the transfer of the Generation Assets, the Contracts and/or the Staff contemplated herein, or
(b) seeking to prohibit the acquisition of the Generation Assets and/or the Contracts by YPF EE or the transfer of the Staff to YPF EE. 

(iv) The terms and conditions of this Offer shall have been approved by the Board of Directors of YPF EE. 

(v) Central Puerto shall have executed the WMC on or before the Termination Date, providing, however, that noncompliance with this condition
shall not be invoked by Central Puerto as an excuse not to complete the Transfer as of the Closing Date if the WMC had not been executed due to Central Puerto’s fault. 

(vi) YPF S.A. and CPSA shall have extended the effective term of the Existing Agreement for a term of up to twenty four (24) months
beginning on January 1, 2019, in accordance with the terms of the MoU, resulting in said Existing Agreement being effective up to no later than December 31, 2020, except if, prior to such date, CPSA had given notice to YPF S.A. of the
commencement of the commercial operation of the new Cogeneration Plant that will be built by CPSA in CTM, in which case the Existing Agreement shall be automatically terminated. 

(vii) YPF S.A. and Central Puerto shall have executed the Steam Supply Contract subject to the basic terms and conditions established in
section one of the MoU. 
 4.3. Neither Party shall invoke the noncompliance with any of the conditions established in this Section 4 if arising from
such Party’s failing to act in good faith and to use all reasonable efforts to satisfy the conditions. 
 4.4. Subject to the terms and conditions of
this Offer, the completion (the “Closing”) of the Transfer as established herein shall take place two Business Days after satisfaction of all the conditions precedent for the Closing described in this Section 4 (or waiver by
the Party in whose favor any condition has been established), except for those conditions that must be met simultaneously with the Closing (but subject to the satisfaction or waiver thereof). The actual date of the Closing shall be referred to as
the “Closing Date”. 

  
 10 

 5. Acts to be performed on the Closing Date. 

The Parties agree to perform the following acts on the Closing Date: 

(i) YPF EE: (a) shall pay the Price to Central Puerto as established herein; (b) shall perform all the other obligations and formal
requirements established herein and/or in the applicable law in connection with the transfer and operation of the Generation Assets, the Contracts and the Staff, including its registration as WEM operator and generation agent, all the above as
established herein; (c) shall execute the Certificate of Transfer, substantially in the form of Annex IX hereof; and (d) shall deliver the acceptance of the offer to execute the Certificate of Termination of the LPC Contract to Central
Puerto, substantially in the form of Annex V hereof, executed by YPF S.A; and 
 (ii) Central Puerto: (a) shall prepare a closing report
indicating the electric power and steam dispatched but not invoiced up to the Closing Date, providing that all receivables arising from the power and steam dispatched up to the Closing Date shall be payable to Central Puerto; (b) shall execute
any instrument that may be necessary to transfer all the elements comprising the Generation Assets free and clear of any lien in accordance with the applicable law; (c) shall deliver possession of all the Generation Assets to YPF EE;
(d) shall perform all the other obligations and formal requirements established herein and/or in the applicable law in connection with the transfer of the Generation Assets, the Contracts and the Staff as established herein; and e) shall
execute and deliver an offer to execute the Certificate of Termination of the LPC Contract and an offer to Execute the Certificate of Transfer, substantially in the form of Annex V and Annex IX hereof, respectively. 

6. Representations and Warranties of Central Puerto. 

Seller hereby represents and warrants the following to Purchaser, as of the date hereof and as of the Closing Date: 

6.1. Capacity. Approvals. Consents. 
 6.1.1. Central Puerto
has full legal capacity and authority to issue this Offer and carry out the transaction contemplated herein; no consent or authorization is required from any other person, entity or Authority other than as established in this Offer. There is no
legal, judicial or contractual restriction affecting the sale of the Generation Assets and/or the Contracts and/or the Staff. This Offer is duly made and executed by Central Puerto and constitutes a valid and binding obligation of Central Puerto,
enforceable against it in accordance with its terms. 
 6.1.2. The execution, delivery and performance of this Offer are within its corporate powers and
have been or will be duly authorized or ratified by the applicable corporate bodies. Central Puerto and its representatives, with respect to their acts in the name and on behalf of Central Puerto, have full powers and authority to issue this Offer
and agree, accept or execute any other related contracts and agreements, bind Central Puerto and perform the obligations undertaken by it hereunder and under the other related contracts and agreements and make the transactions contemplated herein.

  
 11 

 6.1.3. The issuance, execution and performance of this Offer and any other related document by Central Puerto:
(i) do not breach any provision of any regulation or Applicable Law or statute governing Central Puerto or the Generation Assets; (ii) do not breach any resolution, decision or ruling of any Authority applicable to Central Puerto or the
Generation Assets, and do not breach any other instrument or contract to which Central Puerto is a party; and (iii) do not create or impose any Lien or claim whatsoever on the Generation Assets.

6.2. The Generation Assets. 
 6.2.1. Central Puerto is the
exclusive owner of the Generation Assets and has valid, legal and perfect title thereto. 
 6.2.2. The Generation Assets comprise all the assets necessary
and sufficient to operate Central LPC and the Generation Assets as they are operated at present. 
 6.2.3. The Generation Assets are free and clear of any
Lien, prohibition, restriction, claim or title defect and are substantially in compliance with all the Applicable Laws. 
 6.2.4. The Generation Assets are
in good operating and maintenance conditions in accordance with the practices used in the industry. The Generation Assets have been maintained in accordance with good industry practices and are fit for the purpose to which they are currently applied
by Central Puerto. The Generation Assets include those inventory goods not currently used and manufactured for use in Central LPC. 
 6.3. Permits.
Compliance with the Applicable Laws. 
 6.3.1. The Generation Assets are in compliance with the Applicable Law and have been operated, used and
maintained in accordance with the Applicable Law. Central Puerto has obtained all the permits, licenses and/or authorizations necessary to operate the Generation Assets in accordance with the Applicable Law, and required under national, provincial
or municipal regulations (the “Permits”). All the Permits are in full force and effect. The Permits are listed in Annex VII hereof. 

6.3.2. Central Puerto has not received, within a term of 2 (two) years prior to the date hereof, any written notice from any Authority relating to:
(i) any breach of Applicable Laws in connection with the Generation Assets; and (ii) any breach or claim with respect to any Permit, in the case mentioned in this item (ii), other than as mentioned in Annex VIII. 

6.4. Litigation. 
 Central Puerto hereby represents that,
except as informed in the report on legal actions attached hereto as Annex VIII, no other Litigation is pending, or, to Central Puerto’s knowledge, is threatened in any court or Authority, involving or affecting the Generation Assets, the
Contracts and the Staff. With respect to the legal actions and/or claims reported in Annex VIII, it is established that YPF EE has no 

  
 12 

 
liability with respect to such actions and that Central Puerto is bound to hold YPF EE harmless in connection therewith. Likewise, it is hereby stated that CPSA is exclusively liable and/or is
the only holder of a claim in connection with said legal actions and/or claims if found liable to pay and/or receive any claimed amount. 
 6.5.
Employment and Social Security Matters; Collective Bargaining Agreements; Employment Contracts, Additional Benefits for Employees. 
 6.5.1. Annex
II contains a complete and correct list of the Staff, indicating the position and name of each employee, the date of hiring and seniority, remuneration, bonus payments, benefits and other compensation. The applicable Collective Bargaining
Agreements are also mentioned in said Annex as well as the agreements executed with unions (LyF Capital and APSEE) and the custom and usage applicable to the staff assigned to Central LPC. 

6.5.2. Central Puerto has complied and complies with the Applicable Law with respect to employment, social security, and safety, security and hygiene matters
in force in its jurisdiction with respect to its Staff and has no defined or contingent liabilities in connection with such obligations. 
 6.5.3. The
employees of Central Puerto are subject to the respective collective bargaining agreement applicable to them under the laws in force and the activities performed by them. 

6.5.4. No: (i) dispute exists between Central Puerto and any union consisting of strikes or work stoppage; (ii) proceeding is pending in any court
or governmental agency alleging a breach of any employment, social security, hygiene and safety and security law; (iii) collective agreement is being negotiated or mandatory mediation or arbitration proceeding is pending; (iv) charge has
been filed for lack of payment of union or health insurance [obras sociales] dues; (v) dispute exists regarding the formal registration of staff; and/or (vi) labor conflict exists. 

6.5.5. All payments and registrations required in connection with the Staff under the applicable employment, social security and workers’ compensation
laws have been made in due time and no amount is due in such respect as of the date of acceptance of the Offer and as of the Closing Date. No workers’ compensation, death benefit or other social security claim is pending. 

6.5.6. Central Puerto is in compliance with all the regulations in force governing the hiring of its employees, and all employees are duly registered. 

6.5.7. All benefits, plans and agreements arising from employment contracts, collective bargaining agreements and any supplement thereto, and the custom and
usage applicable to Central Puerto as indicated in Annex II, have been complied with in accordance with their respective terms and the applicable legal provisions. No contract, agreement, plan, trust, escrow agreement, security, letter,
understanding or any other agreement requires or provides for any payment in cash or other consideration or otherwise provides any special benefit or advantage, other than those established in the applicable employment laws, collective bargaining
agreements, any supplement thereto, custom and usage and regulations. 

  
 13 

 6.5.8. Except as established by law and in Annex II hereof, Central Puerto has no plan, agreement, commitment to
pay any remuneration, bonus payment, amount, subsidy and/or compensation other than and/or additional to the payment of monthly salaries (and thirteenth month salary) paid to Central Puerto’s staff as of the date hereof and as of the Closing
Date, or any other plan, agreement or commitment to pay any incentive, deferred remuneration, share in the profits, stock option, payment in stock, acquisition of stock, savings, retirement pension or other benefits. 

6.5.9. Central Puerto hereby represents that it is in compliance with the safety, security and hygiene regulations as established in the Applicable Law (Law
No. 19587 and related regulations). 
 6.5.10. To the best knowledge of Central Puerto, no person may invoke any right against or cause any harm to the
Generation Assets and/or the Contracts, and/or file actions against YPF EE based on an employment relationship with Central Puerto or on the noncompliance by Central Puerto with the Applicable Law with respect to employment, social security, safety,
security and hygiene matters. 
 6.6. Taxation Matters. 

6.6.1. Central Puerto has duly filed all returns and other forms required with respect to all Taxes payable in connection with the Generation Assets, the Staff
and the Contracts and has paid, in due time and manner, all Taxes payable by it in connection with the Generation Assets, the Contracts and the Staff, in accordance with the Applicable Law (including customs duties and social security
contributions). 
 6.6.2. Central Puerto has correctly withheld and/or received, from the remuneration of its employees and other amounts payable to third
parties assigned to the operation of the Generation Assets, in due time and manner, all the Taxes required to be withheld or received by it and has paid the relevant amounts to the competent tax authority in due time and manner. No tax authority may
claim any due and unpaid amount. 
 6.6.3. Except as described in Annex VIII, no claims have been made for breach of social security, tax or workers’
compensation regulations with respect to those employees assigned to the operation of the Generation Assets, and no notice has been given to CPSA of any ongoing tax-related inspection by national, provincial,
municipal or other tax authorities. 
 6.7. Environmental Matters. 

6.7.1. Central Puerto is and, during the relevant periods has been, in compliance with all the Environmental Laws affecting the Generation Assets, including,
without limitation, the terms and conditions of the Permits required under the Environmental Laws (the “Environmental Permits”). All the Environmental Permits required to own and/or operate the Generation Assets are in full force
and effect and have not been challenged, objected to or contested. 
 6.7.2. With respect to the Generation Assets, Central Puerto (i) has not received
any notice of any breach or liability, actual or alleged, under the Environmental Laws or the Environmental Permits, or of any investigation, inquiry or requirement with respect to an actual or potential breach or liability under any Environmental
Law or Environmental Permit, except for those matters that have been finally resolved or with respect to which Central Puerto has no obligation or liability, or (ii) is not subject to any Order in connection with any breach or liability under
any Environmental Law. 

  
 14 

 6.7.3. No Spill of Hazardous Substances has occurred and no Person has been exposed to Hazardous Substances
(including materials containing asbestos), in both cases, in, on, from or under the Generation Assets or Central LPC. No Spill of Hazardous Substances has occurred in Central LPC which (A) Central Puerto is bound to investigate or remedy under
the Environmental Law, (B) may reasonably result in a claim by any Person against Central Puerto (including claims for damages or injuries to persons, property or natural resources) or (C) may otherwise result in a liability or obligation
of Central Puerto under the Environmental Law. 
 6.7.4. Central Puerto has obtained all the Permits necessary to own and operate the Generation Assets in
compliance with the applicable Environmental Law, in line with past practices. Central Puerto has obtained the ISO 14001:2004 certification, effective up to September 14, 2018. 

6.8. Transferred Agreements. 
 6.8.1. Annex
III hereof contains a list of the Contracts that will be transferred to YPF EE upon completion of the Transfer and the assignment of the Contracts. Central Puerto has delivered to YPF EE a full, true and correct copy of the Contracts.
Central Puerto hereby represents and warrants that it has not breached or failed to perform its obligations under the terms and conditions of the Contracts and, to the Knowledge of Central Puerto, no party to said Contracts has breached or failed to
perform under the terms and conditions thereof. All the Contracts are valid, legally binding and enforceable in accordance with their respective terms. No notice has been given to Central Puerto of any nonperformance under the Contracts. In
furtherance of the effective assignment of the Contracts and the acceptance thereof by the respective parties, Central Puerto, in its capacity as assignor, and YPF EE, in its capacity as assignee, agree to carry out any act that may be necessary
and/or convenient to such end. 
 6.8.2. Central Puerto is the exclusive holder of rights under the Contracts and holds valid, legal and effective title to
such rights. Central Puerto has not previously assigned its rights and/or its contractual position under the Contracts and said rights are free and clear of any Lien, other than those arising from the terms and conditions of the Contracts. 

6.9. Insurance. 
 Central Puerto has purchased the
insurance policies listed in Annex VI with respect to the Generation Assets, the Staff and the Contracts (the “Insurance Policies”); said policies are in full force and effect and are valid and binding in accordance
with their respective terms. The relevant premiums have been paid when due and no notice has been received by Central Puerto of any cancellation or termination with respect to such Insurance Policies. No claim is pending under such Insurance
Policies with respect to which coverage has been denied. The coverage provided by the Insurance Policies is reasonable and adequate in accordance to good industry practices. 

  
 15 

 6.10. TGS’s call for bits for transportation of natural gas. 

As established in Section 2.4 of the Master Agreement, Central Puerto represents and warrants that on August 8, 2017, it exercised its right of first
refusal with respect to the Open Season called by TGS for August 8, 2017 to tender bids for the firm transportation of natural gas from 08/04/2018 to 04/30/2053, for capacity equivalent to one million cubic meters per day (1,000,000
m3/day), (hereinafter, Firm Transportation Capacity or “FTC”). 
 7. Representations and Warranties of YPF EE. 

Purchaser hereby represents and warrants the following to Seller, as of the date hereof and as of the Closing Date 

7.1. Capacity. Approvals. Consents. 
 7.1. YPF EE has full
legal capacity and authority to accept this Offer and carry out the transaction contemplated herein; no consent or authorization is required from any other person, entity or Authority other than as established in this Offer. This Offer is duly
accepted and executed by YPF EE and constitutes a valid and binding obligation of YPF EE, enforceable against it in accordance with its terms. 
 7.2. The
execution, delivery and performance of this Offer are within its corporate powers and have been or will be duly authorized or ratified by the applicable corporate bodies. YPF EE and its representatives, with respect to their acts in the name and on
behalf of YPF EE, have full powers and authority to accept, agree and execute this Offer and any other related contracts and agreements, bind YPF EE and perform the obligations undertaken by it hereunder and under the other related contracts and
agreements and make the transactions contemplated herein. 
 7.3. The acceptance, execution and performance of this Offer and any other related document by
YPF EE: (i) do not breach any provision of any regulation or Applicable Law or statute governing YPF EE; and (ii) do not breach any resolution, decision or ruling of any Authority applicable to YPF EE, and do not breach any other
instrument or contract to which YPF EE is a party. 
 7.1.4. YPF EE is not unable to pay its debts and has not filed any voluntary bankruptcy or pre-bankruptcy proceeding. YPF EE has sufficient funds or financing or third party resources to pay the Price on the Closing Date. 

8. National Antitrust Commission [Comisión Nacional de Defensa de la Competencia]. 

The Parties agree that the application for authorization of the Transfer required to be filed with the CNDC under the Anti-Trust Law, shall be filed no later
than seven (7) days after the Closing Date. In such respect, the Parties agree: (i) to cooperate and provide all the information that may be reasonably required in connection with said application, within a reasonable term, which shall be
complete and true, free from errors, misstatements or omissions; (ii) to use their best efforts to obtain the above mentioned authorization, and (iii) to execute any document that may be required to apply for and obtain such authorization.
Notwithstanding the foregoing, Purchaser hereby assumes all the risk of the Transfer not being authorized in full and subject to no condition by the CNDC and/or any other authority responsible for enforcing the Anti-Trust Law. Therefore, in the
event the Transfer were not authorized as indicated above, Seller shall not be liable to return the Price and Purchaser shall 

  
 16 

 
exclusively: (i) be liable for all the resulting costs, losses and damages and (ii) carry out all the acts required as a consequence of the decision to reject the authorization or
impose any condition, including the transfer of all or a portion of the Generation Assets or any other asset owned or controlled by it to third parties. 

9. Staff. Assignment of Contracts. Other. 
 9.1.
The employment contracts of Seller ́s staff exclusively assigned to the administration, operation and/or maintenance of the Generation Assets as of the Closing Date and listed in Annex II hereof (the “Staff”)
shall be transferred to Purchaser in accordance with the provisions of Section 225 of the ECL as of the Closing Date. 
 9.2. Purchaser undertakes and
shall be exclusively liable to pay any cost or damages, including the payment of any severance or other indemnification arising from any termination of staff or change not authorized by the applicable law made by Purchaser. Seller shall transfer to
Purchaser all the files, records, pre-employment and regular medical examinations and other documents relating to the Staff held by Seller as of the Closing Date, as well as any other information that
Purchaser may need in connection with the payment of salaries for the month of the Closing Date, and other rights or benefits, whether vested or accrued and payable as of such date (advance payments, vacation taken and pending payment, accrued but
unpaid thirteenth month salary, etc.). 
 9.3. Seller undertakes and shall be exclusively liable (i) for all employment-related, civil, tax and social
security debts and obligations (including, without limitation, employer contributions) arising from employment contracts or other type of employment relationship maintained by Seller or that Seller had maintained in the past with any person related
to the Generation Assets but other than the transferred Staff; and (ii) for all employment-related, civil, tax and social security debts and obligations (including, without limitation, employer contributions) arising from the employment
relationship between Seller and the Staff incurred prior to the Closing Date. 
 9.4. Purchaser undertakes and shall be exclusively liable for all
employment-related, civil, tax and social security debts and obligations (including, without limitation, employer contributions) arising from the employment contracts of the transferred Staff originating as of the Closing Date. In the event of
indirect termination of a member of the Staff as a result of the transfer of the Generation Assets and the Staff as of the Closing, Purchaser shall be liable for the applicable severance payment, providing, however, that any liability incurred prior
to the Closing shall be paid by Seller in accordance with Section 9.3. hereof. 
 9.5. Seller shall be exclusively liable for all debts and liabilities
arising from any claim, regardless of the regulation on which it may be based, for work-related accidents or occupational diseases originating prior to the Closing Date, even if subsequently manifested. In the event of long-development occupational
diseases of the transferred Staff where the actual date of occurrence cannot be accurately identified, the Parties shall bear the costs, compensations and other expenses arising in connection with the claim pro rata to the period of employment of
the claimant with each Party. 

  
 17 

 9.6. The salary of the Staff for the month of the Closing Date shall be paid as follows: the days preceding the
Closing Date, including the pro-rata amount of the thirteenth month salary and vacation accrued and unpaid as of such date, shall be paid by Seller and, from the Closing Date onwards, by Purchaser. Five
(5) days before the payment date of the salaries, Purchaser shall inform Seller the amount required to be paid. This provision shall also apply to social security contributions. The balance of the Basic Bonus Payment and Additional Payment
[Bonificación Básica y Adicional] (BAE – Section 38 subsections 1, 2 and 3 of the Collective Bargaining Agreement executed between Sindicato Luz y Fuerza and La Plata Cogeneración S.A and Section 34
subsections 1, 2 and 3 of the Collective Bargaining Agreement executed between Asociación del Personal Superior de Empresas de Energía Eléctrica and Central Puerto S.A) and the Thirteenth Month Salary accrued during 2017 shall
be paid by Seller on the Closing Date. 
 9.7. In the event of any action filed against Purchaser based on facts, acts or omissions of Seller prior to the
Closing Date, within seventy two (72) hours, Purchaser shall give notice to Seller for Seller to assume the defense and hold Purchaser harmless from any cost or expense related to the claim. If, due to any reason whatsoever, Seller failed to
assume the defense as indicated above, Purchaser shall request that Seller by summoned as third party. 
 9.8. The Parties agree that, simultaneously with
the assignment of the Generation Assets and the Staff, the contracts and agreements mentioned in Annex III (the “Contracts”) relating to the operation and/or maintenance of the Generation Assets, are also transferred
to Purchaser. In furtherance of the completion of the assignment of the Contracts and the acceptance thereof by the respective parties thereto, Central Puerto, in its capacity as assignor, and YPF EE, in its capacity as assignee, agree to carry out
any and all acts that may be necessary and/or convenient to such end; including, without limitation, giving notice of the assignment to the parties of the Contracts and obtaining their acceptance. 

9.9. YPF and the Union may negotiate the employment conditions of the Staff, which should be effective as of the Closing Date. 

9.10. Notwithstanding the satisfaction of the condition precedent described in Section 4.1 (x), Central Puerto shall remain liable to assign the FTC
contract to YPF EE as soon as possible, as part of the Contracts, as follows, in the sole discretion of YPF EE: (i) by assigning the FTC contract in accordance with the provisions of ENARGAS Resolution No. 1483/2000, as amended, at YPF
EE’s risk, since CPSA shall not be able to ensure the assignment of the FTC contract if using such procedure; or (ii) as agreed by both Parties, TGS and ENARGAS. 

As of the Closing and as long as the FTC contract is not assigned to YPF EE under the terms and conditions thereof, upon request of YPF EE, which shall bear
the costs, CPSA shall exercise all its rights under the FTC contract to ensure transportation to YPF EE under the FTC contract, in accordance with the terms and conditions thereof. 

The Parties expressly agree that any resale of the aggregate transportation capacity under the FTC contract from CPSA to YPF EE, including as established in
Section 4.1 (x), shall be made for the aggregate transportation capacity under the terms and conditions of the FTC contract, and CPSA shall not be authorized to establish additional conditions or charge an additional price to YPF EE for such
resale, other than as established herein. The offer to resale on MEGSA may include additional conditions agreed by the Parties. 

  
 18 

 The price for the transportation capacity payable by YPF EE to CPSA in the event of resale shall include: i) the
amount indicated in the invoice issued by TGS for the cost of the firm transportation capacity, plus all charges, expenses and taxes determined by TGS (VAT excluded), ii) the charges paid by the offeror and other expenses determined by MEGSA (VAT
excluded), and iii) all national, provincial and municipal taxes payable by CPSA in connection with the resale, including any increased amount. Likewise, YPF EE shall be liable for any stamp tax that may be eventually payable in connection with the
resale transaction. 
 In the event: a) the WMC under the CTM Cogeneration Project were not executed due to reasons not attributable to Central Puerto and,
as a consequence, the Transfers contemplated herein were not made, and b) Central Puerto decided, within a term of 24 calendar months beginning on November 22, 2017, to call an Open Season effective as of the first May 1 following
the date of such call, YPF EE shall offer to take and shall take one hundred percent (100%) of the capacity or the pro-rata amount awarded to it and the remaining effective term of the FTC contract, therefore
undertaking all the obligations under the FTC contract. 
 10. Covenants up to the Closing Date. 

10.1. From the date hereof to the Closing Date, Seller agrees to continue operating the Generation Assets as usual, in the manner and with the same diligence
used up to the date hereof. Likewise, Seller agrees not to perform any act exceeding the normal operation of the Generation Assets without the prior written consent of Purchaser. In such respect, Seller: 

(i) shall abstain from making any act of disposition relating to the assets comprising the Generation Assets; 

(ii) shall not create or permit the creation of any Lien on the assets comprising the Generation Assets and/or the Contracts; 

(iii) shall abstain from amending or terminating, in whole or in part, any of the Contracts, except for amendments or terminations required in
the ordinary administration of the Generation Assets, at market value and under market conditions; 
 (iv) shall abstain from improving the
conditions and rights of the Staff as of the date hereof, including their remuneration, seniority and the rights arising from seniority, unless so required by the applicable law, to the extent such improvements do not exceed the normal practices of
Central Puerto with respect to its staff in general; 
 (v) shall abstain from terminating any member of the Staff without cause; 

(vi) shall inform Purchaser of any circumstance known by it that may reasonably lead to consider that may affect the Generation Assets; 

(vii) shall comply with all the Applicable Laws and its obligations with respect to the Generation Assets; 

  
 19 

 (viii) on a monthly basis, shall keep Purchaser informed of any transactions carried out in
connection with the Generation Assets and give notice to Purchaser of any claim received from third parties and of any litigation, dispute, administrative, judicial or arbitration proceeding involving the Generation Assets of which Purchaser were
given notice; 
 (ix) shall consult with Purchaser and obtain its prior consent before changing any practice or precedent relating to the
operation and administration of the Generation Assets, except (a) if such change or practice were not material; or (b) in case of emergency where obtaining the prior consent of Purchaser would delay the adoption of any necessary urgent
action; 
 (x) shall inform Purchaser, as soon as possible, providing all details and copies of all the notices and any other document
relating to: (a) any damage to, destruction or loss of or in connection with the Generation Assets; and (b) notwithstanding any other obligation, any document or information or any event or combination of events occurring between the date
of execution of this Offer and the actual transfer of the Generation Assets to Purchaser, that has or may have a material adverse effect on the Generation Assets or that prevents or hinders or may prevent or hinder the transfer of the Generation
Assets to Purchaser; 
 (xi) shall not do or abstain from doing anything that would constitute a breach of the representations and warranties
of Seller hereunder; and 
 (xii) shall give written notice to Purchaser, as soon as possible, of any circumstance known to it whereby any
representation or warranty of Seller hereunder has become or may become false or inaccurate. 
 10.2. Seller agrees to maintain the Insurance Policies up to
the actual transfer of the insured assets to Purchaser. If, as expressly required by Purchaser – and with the prior consent of Seller – any insurance policy listed in Annex VI remained in force after the transfer, YPF EE shall pay the
respective costs plus an administrative fee equal to 10% of such cost. 
 10.3. During the Due Diligence Period, YPF EE shall conduct the Due Diligence,
aiming to: (A) verify the condition of the Generation Assets, the Staff and the Contracts, and (B) verify compliance with the representations, warranties and obligations of Central Puerto hereunder (hereinafter, collectively, the
“Representations”). (ii) To such end, Central Puerto shall give to YPF EE’s officers, employees and advisors (the “Representatives”) reasonable access to all the documents, information, facilities, the Staff
and the Contracts, as reasonably required by YPF EE in writing. Central Puerto shall facilitate access to the information as soon as possible for YPF EE to have sufficient time to analyze the same. 

10.4. In the event of breach of the Representations during the Due Diligence Period or if the outcome of the Due Diligence were negative, in the sole
discretion of YPF EE, YPF EE may terminate this agreement with no liability or indemnification whatsoever, by written notice given to Central Puerto within a term of 10 calendar days after the expiration of the Due Diligence Period. 

10.5. The Parties agree that the risk inherent to the Generation Assets, the Contracts and the Staff shall be transferred to YPF EE as of the Closing Date.

  
 20 

 11. Additional Covenants. 

11.1. In accordance with the provisions of The Procedures and the applicable national and/or provincial and/or municipal regulations, YPF EE agrees to obtain,
bearing the costs, all the authorizations, permits and licenses required to be obtained before or after the Closing Date from the Secretariat of Energy, CAMMESA, the ENRE, the OPDS, the Municipality of Ensenada and/or any other competent authority,
to operate as new WEM agent and new owner of the Generation Assets after the transfer. Said authorizations, permits and licenses shall be obtained within the terms and under the conditions established in the applicable regulations (specifically item
4.1 of Annex 17 of The Procedures), providing that YPF EE shall be liable for all damages and increased costs incurred by YPF EE and/or Central Puerto as a consequence of any delay in obtaining said authorizations, permits and licenses and complying
with the applicable requirements. In turn, Central Puerto shall give notice of the transfer of title to the Generation Assets to the Secretariat of Energy and CAMMESA no later than 48 hours after the Closing Date, in accordance with the provisions
of Section 4.2 of Annex 17 of The Procedures. No later than 72 business hours after acceptance of the Offer, YPF EE shall give notice of the transfer of the Generation Assets to CAMMESA and the Secretariat of Energy in accordance with the
applicable regulations and the provisions of this Offer. The Parties agree that in the event the Municipality of Ensenada established, as a condition for granting the required license to operate the Generation Assets to YPF EE, that the legal action
referred to in Annex VIII be voluntarily dismissed and/or that any amount owed by CPSA to said Municipality in connection with said legal action be paid, CPSA agrees to pay such amount or carry out any act that may be required to satisfy such
condition as soon as possible upon request of YPF EE. 
 11.2. Beginning on the Closing Date, Seller agrees to cooperate with Purchaser with respect to all
procedures, filings and consents required to be made with or obtained from any person, whether state-owned or privately-owned, in connection with the Transfer, any aspect thereof and, especially the special permits or licenses. 

11.3. If the transfer of any of the assets comprising the Generation Assets were subject to Value Added Tax, said tax shall be paid by Purchaser. 

11.4. Any stamp tax or similar tax and the costs and expenses incurred in connection with the formalization of this Agreement and/or the transactions
contemplated herein or with respect to the sale, assignment or delivery of the Generation Assets and the Contracts, if any, shall be paid by Purchaser. The Parties shall cooperate with each other in preparing any required tax return and any other
document that may be required in connection with such taxes, rates and costs. 
 11.5 Each Party shall bear its own expenses and costs (including the fees
and expenses of their respective legal counsel, accountants and other advisors) incurred in connection with this Offer and any instrument that may be required to complete the Transfer. 

11.6. Beginning on the date hereof, each Party shall cooperate with the other and ensure that its employees, officers, agents, auditors and representatives
cooperate to ensure a smooth transition for the transfer of the Generation Assets, the Contracts and the Staff to Purchaser and to minimize any 

  
 21 

 
interruption of business as a consequence of the transactions contemplated herein. After the Closing, each Party shall, upon reasonable written request of the other Party, give access to the
requesting Party and its employees, auditors, legal advisors and representatives, during normal working hours, to any information about the Generation Assets, to the extent applicable, that may be necessary to prepare financial reports, for
accounting purposes and in connection with pending or threatened legal or administrative proceedings. 
 11.7. From the date of acceptance hereof to the
Closing, each Party agrees that neither such Party nor its Affiliates shall make any announcement in connection with the transactions contemplated herein without the prior consent of the other Party (which consent shall not be unreasonably
withheld), other than announcements required under the Applicable Law or the rules or regulations of a stock exchange with jurisdiction over one of the Parties or its Affiliates. 

11.8. Each Party shall use its best reasonable efforts for the Closing to occur as soon as possible upon satisfaction of the Conditions Precedent described in
Section 4 above. 
 11.9. Each Party shall coordinate efforts with the other and use its best reasonable efforts to obtain any consents and waivers
from third parties, including Authorities, that may be required to complete the transfer of the Generation Assets, except where the failure to obtain such consents or waivers would not have, individually or collectively, a material adverse effect on
the legal ability of either Party to complete the Transfer; providing, however, that the Parties shall not be bound to adopt any action that may have a material adverse effect on them or their respective Affiliates or that would require the payment
of significant amounts. 
 11.10. Subject to the other provisions hereof, each Party shall, upon request of the other, execute and deliver any document or
have any document executed and delivered or perform or ensure the performance of any act that may be reasonably required to complete the transactions contemplated herein. 

11.11. Each Party shall keep this Offer and all the terms and conditions hereof strictly confidential. Notwithstanding the foregoing, each Party shall be
authorized to disclose the existence of this Offer and the terms and conditions hereof: (i) if so required under the Applicable Law or by a court or administrative order or under the rules or regulations of any stock exchange with jurisdiction
on either Party or its Affiliates; (ii) to its Affiliates or shareholders; (iii) to its external advisors and the external advisors of its Affiliates or shareholders; or (iv) to any financial institution extending or contemplating the
possibility of extending financing to such Party or any Affiliate thereof; providing, however that in the events contemplated in items (ii), (iii) or (iv) above, the disclosing Party shall ensure that those persons receiving Confidential
Information shall not disclose the same. 
 11.12. During a period of three business days preceding the Closing Date (the “Auditing
Period”), YPF EE shall verify that the Generation Assets that will be delivered by CPSA to YPF EE in Central LPC on the Closing Date match those included in the inventory and description of the Generation Assets listed in Annex I (the
“Audit”). The Audit will be conducted in the presence of a representative appointed by YPF EE and a representative appointed by CPSA. Based on the outcome of the Audit, both representatives shall prepare and execute a certificate
(the “Certificate of Generation Assets”). If, as a result of the Audit, missing assets were identified, such circumstance shall be mentioned in the 

  
 22 

 
Certificate of Generation Assets and YPF EE shall deduct the market value of each missing asset from the Price payable on the Closing Date, with the prior consent of CPSA to the market value so
deducted. Based on the Certificate of Generation Assets, a receipt will be issued on the Closing Date for the Generation Assets actually delivered and received, respectively, as of such date. 

12. Termination before the Closing. 
 12.1. This
Offer may be terminated before the Closing: 
 (i) by mutual agreement of the Parties. 

(ii) by either Party, by notice to the other Party, in any of the following events: 

 

	 	(a)	the other Party fails to perform any material obligation hereunder or any of its representations and warranties hereunder is false or inaccurate in any material aspect, provided that (A) such nonperformance,
misrepresentation or inaccuracy resulted in the noncompliance with any of the conditions for the Closing hereunder and (B) (I) such nonperformance could not be cured or (II) in the event of a nonperformance that could be cured, it had not
been so cured before the first to occur of (a) the expiration of a term of twenty (20) Business Days computed as of the date of receipt of the relevant notice by the nonperforming party; (b) one Business Day before the Termination
Date; 

  

	 	(b)	a competent court or any other Authority issues an Order or adopts any other action (providing that each Party agrees to use its best reasonable efforts to revoke, reverse or cancel any such order, act, measure,
judgment, award or action) permanently preventing or prohibiting the execution of the transactions contemplated in this Offer to the extent said order, act, measure, judgment, award or action is final and
non-appealable; providing, however, that the right to terminate this Offer in accordance with this item (b) shall not be available to a Party that has not used its best reasonable efforts to revoke,
reverse or cancel such order, act, measure, judgment, award or action, or to the Party that caused or contributed, with acts or omissions, to the passing or adoption of such order, act, measure, judgment, award or action; or 

 

	 	(c)	the Closing has not occurred before January 31, 2018 (the “Termination Date”); providing, however, that the right to terminate this Offer in accordance with this item (c) shall not be
available to a Party whose noncompliance has caused or resulted in the Closing failing to occur before the Termination Date. 

 12.2. In the
event of termination of this Offer by either Party in accordance with this Section 12, this Offer and the rights and obligations contemplated herein shall terminate forthwith, except for Sections 11.4, 11.7, 11.11, 12, 13, 14 and 15. 

  
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 13. Indemnity. 

13.1. Central Puerto shall indemnify and hold YPF EE, its Affiliates and each of their respective officers, employees, shareholders, agents and representatives
(each, an “YPF EE Indemnified Party”) harmless from any Loss suffered or incurred by any YPF EE Indemnified Party arising from: 

(i) any misrepresentation or inaccuracy in any representation or warranty of Central Puerto included herein; 

(ii) any breach or nonperformance of any obligation of Central Puerto hereunder; or 

(iii) any obligation, responsibility or liability of any kind: (A) exclusively with respect to third parties, in connection with or
relating to the Generation Assets, the Staff or the Contracts, incurred prior to the Closing Date; or (B) relating to the legal actions described in Annex VIII. 

The Parties agree that, notwithstanding the provisions of this Section 13.1, CPSA shall not be liable for any claim based on environmental obligations
and/or liabilities relating to the soil and/or subsoil of the premises where the Generation Assets are located, assigned as a gratuitous tenancy by YPF S.A. under the gratuitous tenancy agreement executed under the LPC Contract. 

13.2. YPF EE shall indemnify and hold Central Puerto, its Affiliates and each of their respective officers, employees, shareholders, agents and
representatives (each, a “Central Puerto Indemnified Party”) harmless from any Loss suffered or incurred by any Central Puerto Indemnified Party arising from: 

(i) any misrepresentation or inaccuracy in any representation or warranty of YPF EE included herein; 

(ii) any breach or nonperformance of any obligation of YPF EE hereunder; or 

(iii) any obligation, responsibility or liability of any kind, exclusively with respect to third parties, in connection with or relating to the
Generation Assets, the Staff or the Contracts, incurred after the Closing Date. 
 13.3. Indemnification Procedure. 

(a) Promptly upon receipt by an Indemnified Party of a notice of the commencement of an indemnifiable claim hereunder filed by a third party or of
circumstances leading such Indemnified Party to believe that an indemnifiable claim may be filed by any person against the Indemnified Party (any such claims, a “Third Party Claim”), the Indemnified Party shall give written notice
of such claim (the “Notice of Claim”) to the relevant Indemnifying Party pursuant to Section 13.1. or Section 13.2. (the “Indemnifying Party”). The Notice of Claim
shall contain a detailed description of the Third Party Claim and all the information and documentation available in connection therewith. Failure to promptly give the Notice of Claim or deliver the relevant information and documentation shall not
affect the indemnity obligations established in this Section 13, unless the Indemnifying Party were adversely affected by such failure. 

  
 24 

 (b) The Indemnifying Party shall be entitled to assume control of the defense and appoint counsel; providing,
however, that the Indemnifying Party shall not be entitled to assume control of the defense of a Third Party Claim (x) if it does not previously agree, in writing, to assume its indemnity obligation and hold the Indemnified Party totally
harmless from any Loss arising from the Third Party Claim; (y) if the purpose of the Third Party Claim is to obtain a court order to do or not to do something, a declaratory judgment or any other
non-financial injunction against the Indemnified Party, that, if granted, would adversely affect the business, assets, financial condition or results of the operations of the Indemnified Party; or (z) if
the parties to any such actions or proceedings (including any summoned third party) include both the Indemnified Party and the Indemnifying Party, and the Indemnified Party has been informed in writing, by an attorney-at-law (with copy to the Indemnifying Party) that one or more different or additional legal remedies are available other than those available to the Indemnifying Party; providing that to exercise
such rights, the Indemnifying Party shall give notice to the Indemnified Party of its decision to assume control of the defense and appoint counsel no later than the first to occur of: (1) five (5) Business Days before the expiration of any
procedural or administrative term available to the Indemnified Party or (2) thirty (30) days after receipt of the Notice of Claim. In the event of failure by the Indemnifying Party to give such notice within the above mentioned term or
application of any of the provisos described in item (x) or (y) above, the Indemnified Party shall be entitled to assume control of the defense, with costs borne by the Indemnifying Party. Before receiving an answer from the Indemnifying Party,
the Indemnified Party shall be entitled to adopt any measure or file any paper that may be necessary or convenient to protect its interests or those of the Indemnifying Party, to the extent not damaging to the Indemnifying Party. The Parties
expressly agree that the Indemnifying Party’s being summoned and the exercise by the Indemnified Party of the other rights contemplated herein shall not be considered damaging to the Indemnifying Party. 

(c) If the Indemnifying Party assumes control of the defense of the Third Party Claim in accordance with the provisions of this Section 13.3., the
Indemnifying Party shall obtain the prior written consent of the Indemnified Party (which shall not be unreasonably withheld, delayed or subject to any condition) before executing any settlement agreement, arrangement, admission or acknowledgement
of the validity of such Third Party Claim, if, as a consequence thereof the Indemnified Party is not unconditionally released from its liabilities and obligations in connection with said Third Party Claim, or the agreement imposes any obligation to
the Indemnified Party. 
 (d) Each Party shall cooperate and ensure that its Affiliates cooperate in the defense or prosecution of any Third Party Claim and
provide or ensure the provision of any record, document, information and testimony (subject to any Confidentiality Agreement), and shall attend hearings, offerings of evidence, trials or appeals if reasonably required to do so. 

13.4. The Indemnified Party shall give prompt notice to the Indemnifying Party of any claim it may have against it under
Section 13.1. or Section 13.2. not involving a Third Party Claim against the Indemnified Party. Failure by the Indemnified Party to give such notice shall not affect the indemnity obligations
established in this Section 13, unless the Indemnifying Party were adversely affected by such failure. 

  
 25 

 13.5. Each Party shall cooperate with the other to resolve any Loss where one Party is liable for indemnifying
and holding an Indemnified Party harmless hereunder, and agrees to use its best reasonable efforts to mitigate such Loss or resolve the claim and give to the other Party reasonable access to its records, information, documents, facilities and staff;
providing that the Party receiving any record, information and document disclosed in accordance with this Section 13.5 shall maintain the same confidential as established in Section 11.10, except
to the extent necessary to defend itself in the event of a Third Party Claim or settle any dispute relating to the obligations of the Parties in accordance with this Section 13. 

14. Applicable Law and Jurisdiction. 
 14.1. The
validity and nature of this Offer and of the obligations arising herefrom shall be analyzed, construed and governed in accordance with the laws of the Republic of Argentina. 

14.2. Any claim or dispute between the Parties with respect to this Agreement shall be subject to arbitration in the Arbitration Tribunal. The Parties agree
that any written award of the Arbitration Tribunal shall be final and non-appealable. 
 15.
Miscellaneous. 
 15.1. No failure by either Party to exercise or delay in exercising any right, power or privilege hereunder shall constitute a
waiver thereof and the partial exercise of any right, power or privilege shall not preclude a further exercise of such right, power or privilege or the exercise of any other right, power or privilege hereunder. No waiver shall be effective unless
made in writing. The rights and remedies provided for herein are cumulative and not exclusive of any other right or remedy established by law. 
 15.2.
Section headings are included for reference only and shall not affect the meaning and interpretation of the content hereof. 
 15.3. To all legal purposes
arising herefrom, the Parties establish special domicile at those indicated below, where all communications, summons, demands, claims, and notices, whether judicial or extrajudicial, required to be given in writing between the Parties shall be
effective. 
 Seller: 
 CENTRAL PUERTO S.A. 

Av. Thomas A. Edison 2701 
 Ciudad de Buenos Aires 

Purchaser: 
 YPF ENERGIA ELECTRICA S.A. 

Macacha Güemes 515 
 Ciudad de Buenos Aires 

The domiciles established above may only be modified by either Party by written notice given to the other Party by reliable means. 

  
 26 

 15.4. Neither Party may assign its rights and obligations or contractual position hereunder without the prior
written consent of the other Party. 

  
 27 

 ANNEX I 

GENERATION ASSETS 
 GAS TURBINE 

BRAND: General Electric 
 MODEL: 9100E 

SERIAL No.: 296897 
 POWER: 131 Mw 

FUEL: Dual (Natural Gas – Gasoil) 
 COMBUSTION SYSTEM:
Standard 
 NOx CONTROL: Steam injection 
 GAS TURBINE
GENERATOR 
 BRAND: General Electric 
 SERIAL No.: 335X981

 POWER: 150 MVA 
 CHARACTERISTICS: 2 Poles, Three-phase, Star,
50Hz 
 COOLING SYSTEM: Hydrogen 
 EXCITATION: Static 

EXTERNAL AUXILIARY SYSTEMS FOR THE TURBOGENERATOR 

EXCITER ENCLOSURE 
 External case containing: 

 

	 	•	 	General Electric EX2000 control board; 

  

	 	•	 	Power thyristor bridge; 

  

	 	•	 	Auxiliary equipment control and operation board; 

  

	 	•	 	Exciter power supply transformer (1.4Mva, 11.5/.56Vac). 

 GAS VALVES ENCLOSURE 

External case containing: 
  

	 	•	 	Natural gas injection control valves; 

  

	 	•	 	Scavenging valves with air-assisted atomizer for operation on gasoil; 

  

	 	•	 	Gas filters and venting valves 

  

	 	•	 	Control and measuring instruments. 

 GAS CONDITIONING SYSTEM 

 

	 	•	 	Scrubber and main filters; 

  

	 	•	 	Electric heater; 

  

	 	•	 	Heater control panel; 

  

	 	•	 	TG gas consumption measuring system. 

 COMPRESSOR WASHING ENCLOSURE 

External case containing: 
  

	 	•	 	Water tank with heater; 

  

	 	•	 	Electric centrifugal pump; 

  

	 	•	 	PLC control panel (GE-Fanuc) 

  
 28 

	 	•	 	Control and operation auxiliary equipment; 

 TG CONTROL ENCLOSURE (PEECC) 

External case containing: 
  

	 	•	 	Gas turbine protection and control system board (General Electric Speedtronic MKv); 

  

	 	•	 	Generator protection board; 

  

	 	•	 	Power and auxiliary transformers protection board; 

  

	 	•	 	Electrical equipment protection and operation boards (380Vac, 110Vac, 110Vcc); 

  

	 	•	 	Turbogenerator battery bank (125Vcc); 

  

	 	•	 	Battery charger. 

  

	 	•	 	Operator interface terminals. 

 TG LIQUID PURGE SYSTEM 

Consisting of: 
  

	 	•	 	Underground tank (1.5 m3) for turbine and exhaust purge; 

  

	 	•	 	Underground tank (10 m3) for compressor washing effluents 

  

	 	•	 	Control and operation valves. 

 AIR FILTERS CLEANING SYSTEM 

Skid consisting of: 
  

	 	•	 	System for drying the air extracted from the compressor of the TG for cleaning; 

  

	 	•	 	Control system panel; 

  

	 	•	 	Control and operation valves. 

 FIRE SYSTEMS 

Consisting of: 
  

	 	•	 	Carbon dioxide tank (6 ton); 

  

	 	•	 	Chemetron fire system control board. 

 COOLING SYSTEM 

Consisting of: 
  

	 	•	 	Four (4) air coolers for cooling water; 

  

	 	•	 	Two (2) electric centrifugal pumps for cooling water (closed circuit); 

  

	 	•	 	Control valves and instruments. 

 LIQUID FUEL SYSTEM 

Skid consisting of: 
  

	 	•	 	586 m3 tank for gasoil received from the Distillery (catalytic); 

  

	 	•	 	80 m3 gasoil (motor vehicles) storage tank; 

  

	 	•	 	Meter to measure the gasoil received from the Distillery; 

  

	 	•	 	Two (2) electric centrifugal pumps feeding the TG; 

  

	 	•	 	Two (2) centrifugal pumps for trucks; 

  

	 	•	 	Filters, valves and measurement and control instruments. 

 GENERATOR GAS SYSTEM 

 

	 	•	 	Skid with valves and instruments for carbon dioxide control; 

  

	 	•	 	Skid with valves and instruments for hydrogen control; 

  

	 	•	 	Hydrogen analyzer panel. 

  
 29 

 MEDIUM VOLTAGE and AUXILIARY SYSTEM 

Consisting of: 
  

	 	•	 	Interconnection bars to connect the generator to the power transformers; 

  

	 	•	 	Generator output switch (Alstom, SF6, 8 Ka); 

  

	 	•	 	Boost transformer (Hyundai, 150 Mva, 11.5/138 Kv, ONAF); 

  

	 	•	 	Auxiliary services transformer (Square D, 2 Mva, 11.5/0.4 Kv); 

  

	 	•	 	Emergency auxiliary services transformer (Square D, 1 Mva, 13.8/0.4 Kv); 

  

	 	•	 	Starter power supply transformer (Alstom, 1.5 Mva, 11.5/3 Kv); 

  

	 	•	 	Main auxiliary electricity distribution board (Square D); 

  

	 	•	 	Electricity distribution board for HRSG auxiliary equipment; 

  

	 	•	 	UPS uninterruptible power supply UPS (220/110 Vac, control system and battery bank). 

 HIGH VOLTAGE SYSTEM

 Consisting of: 
  

	 	•	 	132 Kv yard operation, protection and measuring equipment (voltage dischargers, voltage and current transformer, output switch); 

  

	 	•	 	132 Kv cable from LPC to EDELAP SE-193 (1.8 km approx.) 

  

	 	•	 	132 Kv cable end terminal; 

  

	 	•	 	Current and voltage transformers at SE-193. 

 HEAT RECOVERY STEAM GENERATOR (HRSG) 

BRAND: Nooter / Eriksen 
 SERIAL No.: 966800 

PRESSURE: 40 barg (one pressure level) 
 OUTPUT: 248.5 ton/h 

Consisting of: 
  

	 	•	 	Economizer; 

  

	 	•	 	Evaporator; 

  

	 	•	 	Dome; 

  

	 	•	 	Superheater. 

 HRSG AUXILIARY SYSTEMS 

CONTROL SYSTEM 
 Consisting of: 

 

	 	•	 	Control and protection PLC (Allen Bradley 5); 

  

	 	•	 	Valves and pump motor control panel; 

  

	 	•	 	Operator interface terminals. 

 DUCT BURNERS 

Consisting of: 
  

	 	•	 	Three (3) duct burners; 

  

	 	•	 	External panel for the flow and flame control system; 

  

	 	•	 	Skid with control valves; 

  

	 	•	 	Two (2) flame detector cooling motor-compressors; 

  

	 	•	 	Measurement and control instruments. 

  
 30 

 HRSG PURGE SYSTEM 

Consisting of: 
  

	 	•	 	Purge collection sink ; 

  

	 	•	 	Submersible pumps to extract and delivery purge water to Distillery; 

  

	 	•	 	Control and operation board. 

 WATER CHEMICAL CONTROL SYSTEM 

Consisting of: 
  

	 	•	 	Water/water coolers to adjust sample temperature; 

  

	 	•	 	Sampling panel; 

  

	 	•	 	Containers for chemical solutions; 

  

	 	•	 	Pumps to inject chemical products to the HRSG water; 

  

	 	•	 	Operation boards; 

  

	 	•	 	Measurement and control instruments. 

 MAIN STEAM SYSTEM 

Consisting of: 
  

	 	•	 	Venting control valves to start/stop the HRSG; 

  

	 	•	 	12” piping system to deliver steam to YPF; 

  

	 	•	 	Venting control valves for line heating at point of delivery; 

  

	 	•	 	Condensed purge valves; 

  

	 	•	 	Shut-off valves at the point of delivery; 

  

	 	•	 	Measurement and control instruments. 

 HRSG WATER SUPPLY SYSTEM 

Consisting of: 
  

	 	•	 	Shut-off valves to stop the inflow of water to the plant; 

  

	 	•	 	Two (2) electric centrifugal pumps (booster); 

  

	 	•	 	Dome level control valves; 

  

	 	•	 	Flow control valves for temperature-control water; 

  

	 	•	 	System for measuring the inflow of water to the HRSG; 

  

	 	•	 	Measurement and control instruments. 

 GAS REGULATION SYSTEM 

Consisting of: 
  

	 	•	 	Scrubber de ingreso a planta; 

  

	 	•	 	Natural gas auxiliary boiler; 

  

	 	•	 	Two (2) pressure reduction valves; 

  

	 	•	 	Emergency supply shut-off valve; 

  

	 	•	 	Measurement device filter; 

  

	 	•	 	Plant consumption meter (owned by CAMUZZI); 

  

	 	•	 	Piping venting and operation valves; 

  

	 	•	 	Measurement and control instruments. 

  
 31 

 COMPRESSED AIR SYSTEM 

Consisting of: 
  

	 	•	 	Two (2) air compressors (Ingersoll Rand) 

  

	 	•	 	Air dryer; 

  

	 	•	 	Instrument air tank; 

  

	 	•	 	Service air tank; 

  

	 	•	 	Valves to regulate the inflow of air from the TG compressor; 

  

	 	•	 	Measurement and control instruments and valves. 

 FIRE SYSTEM 

Consisting of: 
  

	 	•	 	Grinell fire detection system; 

  

	 	•	 	Dedicated fire detection boards (fuel tanks, maintenance workshop and storage area, administration facilities, power transformers, HRSG auxiliary equipment facilities); 

 

	 	•	 	Power transformers deluge fire system valve panel. 

 SEWAGE TREATMENT SYSTEM 

Consisting of: 
  

	 	•	 	Sewage wastewater electropumps; 

  

	 	•	 	Tank for the treatment of waste before disposal into the system of the Distillery. 

 Motor Vehicles.

 FORD FIESTA MAX SEDAN 4 DOORS MOD.2006 PLATE    FKX 235 MODEL 2006 

FORD RANGER DOUBLE CABIN FOUR DOORS PLATE 619 MODEL 2006 

FORD RANGER DOUBLE CABIN FOUR DOORS PLATE KMQ 959 MODEL 2011 

MELEX electric, single cabin 
 Note: vehicles bearing
plates FKX 235 and FGT 619 have been exceptionally authorized by YPF’s Refinery, since according to internal regulations, vehicles over 10 years old are not permitted. 

Facilities: 
  

	 	1)	Administration building: 

 9 offices, control room, electronic and communications
equipment room, meeting room, office, archive room, photocopy room. Locker room for men, ladies and gentlemen toilets, external toilet for contractors, 
  

	 	2)	Auxiliary facilities: 

 Dining room without kitchen, only fridges and microwaves,
tables and chairs. 
 Warehouse with workshop and storage area, tool house, working areas, etc. 

Warehouse for devices and capital goods 

Warehouse for fuels, flammable products, paint and cleaning products. 

Warehouse for chemical products 

Warehouse for boiler equipment, electric boards, PLC, battery chargers, pumps, valves, chemical lab, 

  
 32 

	 	3)	Auxiliary installation 

 Used standard shipping container measuring 20’x 8’x
8’ 6” (being used for the Mapros to store GE parts) 
 Materials and spare parts: 

GAS TURBINE and AUXILIARY EQUIPMENT 
  

	 	•	 	Set of blades for first, second and third turbine stage 

  

	 	•	 	Nozzles for first, second and third turbine stage 

  

	 	•	 	Set of transition parts 

  

	 	•	 	Set of combustion chambers (liners) 

  

	 	•	 	Set of fuel injection nozzles (dual) 

  

	 	•	 	Set of turbine bearings (radial and thrust) 

  

	 	•	 	Stop and gas injection control valves 

  

	 	•	 	Sundry electric motors 

  

	 	•	 	Sundry pumps 

  

	 	•	 	Flow dividers 

  

	 	•	 	Flexible coupling 

  

	 	•	 	Air compressors 

  

	 	•	 	Oil, air and fuel filtering components 

  

	 	•	 	Sundry valves 

  

	 	•	 	Measurement, control and protection instruments 

  

	 	•	 	Consumables (joints, bolts, etc) 

  

	 	•	 	Full turbine control board 

  

	 	•	 	Electric operation and protection components 

  

	 	•	 	Gasoil flow meter 

  

	 	•	 	Battery charger 

  

	 	•	 	Set of special maintenance devices 

 GAS TURBINE GENERATOR 

 

	 	•	 	Set of radial bearings 

  

	 	•	 	Set of charge coupling bolts 

  

	 	•	 	Generator stator wedges 

  

	 	•	 	Sundry spare parts for the exciter (control system electronic cards, thyristors, contactors, switches, etc) 

  

	 	•	 	Consumables (joints, bolts, etc) 

  

	 	•	 	Set of special maintenance devices 

 MEDIUM VOLTAGE SYSTEM AND AUXILIARY EQUIPMENT

  

	 	•	 	Hyundai power transformer bushings 

  

	 	•	 	Bus duct support insulators 

  

	 	•	 	Spare parts for the generator outlet switch (Alstom) 

  

	 	•	 	132 Kv cable splicing materials and end terminals 

  

	 	•	 	132/0.110 Kv voltage transformer 

 HEAT RECOVERY STEAM GENERATOR (HRSG) and AUXILIARY
EQUIPMENT 
  

	 	•	 	Replacement evaporator tubes 

  

	 	•	 	Sundry valves 

  

	 	•	 	HRSG control and protection system electronic cards 

  
 33 

	 	•	 	Spare parts for chemical products injection pumps 

  

	 	•	 	Measurement, control and protection instruments 

  

	 	•	 	Consumables (joints, bolts, etc) 

  

	 	•	 	Spare parts for centrifugal pumps (booster); 

  

	 	•	 	Spare valves for flow control (main and temperature control); 

  

	 	•	 	Measurement and control instruments. 

 COMPRESSED AIR SYSTEM 

 

	 	•	 	Spare parts for air compressors (Ingersoll Rand) 

  

	 	•	 	Spare parts for air dryer plant; 

  

	 	•	 	Measurement and control instruments and valves. 

 FIRE SYSTEM 

 

	 	•	 	Spare parts for the Grinell fire detection system; 

 FORKLIFT 

Brand: YALE 
 Model: GDP
20AF 
 Year of manufacture: 1997 

Capacity: 2.5 ton 

Engine: Mazda, petrol 

  
 34 

 SCHEDULE TO ANNEX I 

The following inventory is attached to ANNEX I: 
  

							
	 Number
	  	 Description
	  	Condition	  	Quantity
	0039	  	 ALLEN-BRADLEY PLC - ANALOG IN 12 (BIT)
	  	NEW	  	1
	0040	  	 ALLEN-BRADLEY PLC - ANALOG OUT 4 PTS 4-20 MA (12
B
	  	NEW	  	1
	0042	  	 ALLEN-BRADLEY PLC – OUTPUT CONTACT MODULE
	  	NEW	  	1
	0046	  	 ALLEN-BRADLEY PLC - OUTPUT MODULE 120 VCA ISOL.
	  	NEW	  	1
	0048	  	 ALLEN-BRADLEY PLC - POWER SUPPLY
	  	NEW	  	1
	0052	  	 ALLEN-BRADLEY PLC - REMOTE I/O ADAPTER
	  	NEW	  	1
	0054	  	 ALLEN-BRADLEY - TC 1771-IXE 16 INPUT MODULE
	  	NEW	  	1
	0073	  	 ANNUBAR DIETERICH STANDARD MODEL DFF-26 HA2 CA2S
	  	NEW	  	1
	0074	  	 ANNUBAR DIETERICH STANDARD MOD. DFF-46 HA2SS SB2
	  	AR	  	1
	0118	  	 INGERSOLL PUMP – PUMP SHAFT
	  	NEW	  	1
	0127	  	 INGERSOLL PUMP – IMPELLER ROTOR
	  	NEW	  	1
	0244	  	 “I.R.” COMPRESSOR, COOLING OIL X 5 GAL.
	  	NEW	  	1,1
	0625	  	 FULL FACE GUARD, 3M MODEL 7800S(L).
	  	NEW	  	3
	0714	  	 PLC ALLEN-BRADLEY 1785-L30B (PLC5/30)
	  	NEW	  	1
	0766	  	 HONEYW PAPERLESS DIGITAL CHART RECORDER
	  	NEW	  	1
	0784	  	 “DURAMETALLIC” HSC 3.125”, D(R9)4EF/VVV MECHANICAL SEAL
	  	RE	  	2
	0787	  	 INGERSOLL RAND PRESSURE TRANSDUCER
	  	NEW	  	1
	0879	  	 CURRENT TRANSFORMER; 132 KV MODEL SXP 1
	  	NEW	  	1
	0880	  	 132 KV VOLTAGE TRANSFORMER MODEL UEV 138
	  	NEW	  	1
	0946	  	 CV500 6” FISHER VALVE REPAIR KIT
	  	NEW	  	4
	1033	  	 B424VXFM06-100PSIG PRESSURE SWITCH; RANGE 15-100
PSIG
	  	NEW	  	1
	1042	  	 ROSEMOUNT DIFF PRESSURE TRANSMITTER MOD 3051CD3A
	  	NEW	  	1
	1044	  	 ROSEMOUNT DIFF PRESSURE TRANSMITTER MOD 3051CG2A22
	  	NEW	  	2
	1050	  	 MASONEILAN VALVE, DIAPHRAGM 6” A 12”.
	  	NEW	  	1
	1051	  	 MASONEILAN VALVE, PLUG 6” PART NUMBER: 035006-
	  	NEW	  	2
	1056	  	 MASONEILAN VALVE, SHAFT 6” NUMBER: 035006-121-2.
	  	NEW	  	1
	1066	  	 MASONEILAN VALVE, SEAT RING 6” CV500.
	  	NEW	  	1
	1200	  	 AIR FILTERING COMPONENT, METALLIC, 673MM X 745MM X 45MM
	  	NEW	  	10
	1392	  	 SOLENOID BLOWDOWN 3SV VALVE
	  	NEW	  	1
	1520	  	 ANGLE NEEDLE VALVE 1/4” TUBE
	  	NEW	  	2
	1892	  	 TG HYDRAULIC CIRCUIT OIL FILTER
	  	NEW	  	15
	1903	  	 HONEYWELL LG1093AA0 ULTRAVIOLET FLAME DETECTOR
	  	NEW	  	2
	1904	  	 MOOG SERVO VALVE MOD.771 K202 DRW.# 312A6077P004
	  	AR	  	1

  
 35 

							
	1904	  	 MOOG SERVO VALVE MOD.771 K202 DRW.# 312A6077P004
	  	NEW	  	5
	1904	  	 MOOG SERVO VALVE MOD.771 K202 DRW.# 312A6077P004
	  	RE	  	3
	1904	  	 MOOG SERVO VALVE MOD.771 K202 DRW.# 312A6077P004
	  	USED	  	1
	1905	  	 MOOG SERVO VALVE MOD.771 K226 DRW.# 312A6077P008
	  	AR	  	1
	1905	  	 MOOG SERVO VALVE MOD.771 K226 DRW.# 312A6077P008
	  	NEW	  	8
	1905	  	 MOOG SERVO VALVE MOD.771 K226 DRW.# 312A6077P008
	  	RE	  	5
	1907	  	 VIBRATION SENSOR- SPEEDOMETER TRANSDUCER
	  	NEW	  	3
	1907	  	 VIBRATION SENSOR- SPEEDOMETER TRANSDUCER
	  	NEW	  	10
	1908	  	 METAL TEMPERATURE SENSOR BEARING DRW. N°351A9021P002
	  	NEW	  	13
	1910	  	 TG. GE SPARK PLUG
	  	NEW	  	1
	1911	  	 TG. GE SPARK PLUG HIGH VOLTAGE CABLE
	  	NEW	  	6
	1912	  	 HIGH VOLTAGE TRANSFORMER FOR TG SPARK PLUG
	  	NEW	  	2
	1916	  	 SOR DIFFERENTIAL PRESSURE SWITCH, 351A9091P002B SCO1GG8 R
	  	NEW	  	3
	1918	  	 SOR PRESSURE SWITCH, RANGE 5-25 PS; 63QL-1
	  	NEW	  	2
	1919	  	 SOR PRESSURE SWITCH, 351A9091P006B SCO 1GG8 RANGE
10-75P
	  	NEW	  	2
	1920	  	 SOR PRESSURE SWITCH, 351A9091P009B SCO1GG8 RANGE 2-30
PS
	  	NEW	  	2
	1921	  	 SOR PRESSURE SWITCH, 351A9090P008C SCO 1GG8 RANGE
20-100
	  	NEW	  	2
	1922	  	 SOR PRESSURE SWITCH, 351A9090P012C SCO 1GG8 RANGE
200-17
	  	NEW	  	2
	1928	  	 MIDDLE ELECTRODE, SPARK PLUG. GE 158A347
	  	NEW	  	7
	1929	  	 SPARK PLUG TERMINAL . GE 298A8224P001
	  	NEW	  	13
	1933	  	 EX2000 ARCNET CARD DS200ACNAG1A
	  	NEW	  	2
	1997	  	 “CROMALOX” HEATER 240 VOLTS 150 WATTS
	  	NEW	  	1
	1999	  	 “HARTMANN” HYDRAULIC SUPPLY PUMP
	  	RE	  	2
	2030	  	 TG GENERATOR; DRIVE BOARD
	  	NEW	  	3
	2031	  	 TG GENERATOR; MASTER SLIDE ASSEMBLY
	  	NEW	  	2
	2032	  	 TG GENERATOR; MASTER SLIDE ASSEMBLY
	  	NEW	  	2
	2034	  	 EXTERNAL OIL DEFLECTOR
	  	NEW	  	1
	2041	  	 COMBUSTIBLE NATURAL GAS HYDROC. AND HYD. DETECTOR
	  	NEW	  	2
	2042	  	 COMBUSTIBLE NATURAL GAS HYDROC. AND HYD. DETECTOR
	  	NEW	  	2
	2043	  	 DIFFERENTIAL PRESSURE TRANSMITTER
	  	NEW	  	1
	2044	  	 MANOMETRIC PRESSURE TRANSMITTER
	  	NEW	  	2
	2104	  	 E-SEAL, EXT PRESSZD, FWD PR; GE DWG#
	  	NEW	  	2
	2108	  	 TG # 1 BEARING SEAL;
	  	NEW	  	1
	2109	  	 TG # 1 BEARING SEAL; BRG SEAL -1 9E;
	  	NEW	  	1
	2110	  	 TG # 1 BEARING SEAL;
	  	NEW	  	1
	2111	  	 TG # 1 BEARING SEAL; BRG SEAL -1 9E;
	  	NEW	  	1
	2130	  	 INCONEL JOINT
	  	NEW	  	6
	2137	  	 METAL JOINT
	  	NEW	  	3
	2138	  	 T/C BENDER
	  	NEW	  	1
	2143	  	 GENERATOR HYDROGEN SEAL SPRING;
	  	NEW	  	4

  
 36 

							
	2156	  	 PIN, LOCATION
	  	NEW	  	4
	2158	  	 PIN, LOCATION
	  	NEW	  	4
	2160	  	 PLUG GAUGE
	  	NEW	  	1
	2161	  	 #3 TG BEARING OIL SEAL
	  	NEW	  	2
	2168	  	 BUFFALO PUMP, JOHN CRANE MECHANICAL SEAL
	  	NEW	  	5
	2178	  	 URANGA TAPS BSW 1” 8 THREADS
	  	NEW	  	1
	2359	  	 “MERLIN GERIN” SWITCH NS 400H
	  	NEW	  	1
	2393	  	 TG EXHAUST EXPANSION JOINT
	  	NEW	  	7
	2408	  	 BUFFALO PUMP, ROLLER BEARING (THRUST), SKF 3312 A/C3
	  	NEW	  	2
	2507	  	 HONEYWELL PH ELECTRODE, MODEL DURAFET II
	  	NEW	  	3
	2541	  	 FILTERING COMPONENT SEP.AC.COMPR.ING.RAND
	  	NEW	  	3
	2574	  	 “PYROMATION INC.”“K” TEMPERATURE SENSOR N°P.KK
	  	NEW	  	3
	2654	  	 “SERFILCO” PUMP, DP SERIES (DRUM PUMPS) MODE
	  	NEW	  	1
	2713	  	 8” FLANGED-BALL VALVE S300 MODEL 83
	  	RE	  	1
	2714	  	 EX2000 EXCITER RECTIFIER BRIDGE BLOWER FAN
	  	NEW	  	1
	2756	  	 4” “DANIEL” CHECK VALVE, SERIES 300. GE
	  	NEW	  	1
	2757	  	 6” “DANIEL” CHECK VALVE, SERIES 300. GE
	  	AR	  	2
	2757	  	 6” “DANIEL” CHECK VALVE, SERIES 300. GE
	  	NEW	  	1
	2762	  	 FAN 18 “FOR COMPRESSOR” INGERSOLL RAND”
	  	NEW	  	1
	2764	  	 FUEL NOZZLE RING, GE
	  	NEW	  	22
	2766	  	 TRANSITION PART, FUEL NOZZLE. GE
	  	NEW	  	7
	2768	  	 GAS NOZZLE END, FUEL INJECTOR. GE
	  	USED	  	14
	2788	  	 TG LIQUID FUEL SCREW PUMP, MAR
	  	RE	  	1
	2789	  	 TG LIQUID FUEL FLOW DIVIDER, MAR
	  	AR	  	3
	2792	  	 AUXILIARY COMPRESSOR PULLEY SAFETY GUARD
	  	NEW	  	1
	2797	  	 MAIN TG ATOMIZATION AIR COMPRESSOR,
	  	AR	  	1
	2798	  	 LUBE OIL TRANSFER VALVE
	  	RE	  	2
	2799	  	 AC ELECTRIC MOTOR FOR AUXILIARY AIR COMPRESSOR
	  	NEW	  	1
	2800	  	 DC ELECTRIC MOTOR FOR EMERGENCY OIL PUMP
	  	NEW	  	1
	2801	  	 AUXILIARY ATOMIZATION AIR COMPRESSOR
	  	AR	  	1
	2802	  	 AC ELECTRIC MOTOR FOR AUXILIARY SUPPLY PUMP
	  	NEW	  	1
	2803	  	 LINER (CESTO DE COMBUSTIÓN) FOR TG. GE
	  	AR	  	14
	2803	  	 LINER (CESTO DE COMBUSTIÓN) FOR TG. GE
	  	RE	  	3
	2804	  	 ELECTRIC HEATER FOR TG COMPARTMENTS
	  	NEW	  	2
	2806	  	 SELECTOR VALVE FOR PRESSURE MANOMETER
	  	NEW	  	1
	2807	  	 “LAURENCE” SOLENOID VALVE, SERIAL # W1R08
	  	USED	  	1
	2808	  	 AC ELECTRIC MOTOR FOR TG AUXILIARY OIL PUMP;
	  	RE	  	1
	2809	  	 AUXILIARY LUBE OIL CENTRIFUGAL PUMP
	  	RE	  	1
	2810	  	 EMERGENCY LUBE OIL CENTRIFUGAL PUMP
	  	NEW	  	1
	2811	  	 LUBE OIL PRESSURE CONTROL VALVE
	  	NEW	  	1

  
 37 

							
	2812	  	 GE AIR SEPARATOR FOR TG
	  	NEW	  	2
	2813	  	 8” AUTOMATIC VALVE TO EXTRACT AIR FROM COM
	  	NEW	  	1
	2814	  	 TRANSITION PART FOR HOT GASES PATH
	  	AR	  	14
	2817	  	 THYRISTOR AND TRIGGER CONTROL PLATE
	  	NEW	  	1
	2876	  	 600° F FENWAL FIRE DETECTOR
	  	NEW	  	19
	2877	  	 BENTLY NEVADA, EXTENSION CABLE
	  	NEW	  	4
	2898	  	 GROUNDING BRUSH HOLDER
	  	NEW	  	4
	2951	  	 TRIPLE TOOTHED BELT, R5V X 1800, TG FANS
	  	NEW	  	1
	3030	  	 FLOW COMPUTER DIETERICH MOD. DART II
	  	RE	  	1
	3060	  	 “SOR” THERMOSTAT MOD. 201B3-L125-U9-C7A-TTWVX3
	  	NEW	  	1
	3140	  	 “WALLACE & TIERMAN”, ROTAMETER, MODEL 24B123SSXX2
	  	NEW	  	1
	3175	  	 LIMITORQUE L120-20 GEARED LIMIT SWITCH NP 21800-13
	  	NEW	  	1
	3182	  	 “MODUTRONIC” MODULE LIMITORQUE, 20 MODEL II
	  	NEW	  	1
	3182	  	 “MODUTRONIC” MODULE LIMITORQUE, 20 MODEL II
	  	USED	  	1
	3183	  	 BENTLY NEVADA VIBRATION SENSOR (PROBE)
	  	NEW	  	9
	3185	  	 BENTLY NEVADA EXTENSION CABLE
	  	NEW	  	1
	3187	  	 BENTLY NEVADA PROXIMITOR SERIAL N°DECX152997
	  	NEW	  	1
	3187	  	 BENTLY NEVADA PROXIMITOR SERIAL N°DECX152997
	  	NEW	  	3
	3216	  	 “SQUARE D” CONTACTS, SIZE 6. P/300 HP
	  	NEW	  	2
	3231	  	 ROLLER BEARING FOR HRSG PUMP - INGERSOLL 7315 BECBM
	  	NEW	  	2
	3294	  	 ESPINA DE ENCASTRE GE N° 227B6327P001
	  	NEW	  	12
	3295	  	 ESPINA DE ENCASTRE GE N° 227B6327P003
	  	NEW	  	11
	3313	  	 MAGNTROL LEVEL SWITCH XB15-1H3B-BLM GE N°
348A
	  	NEW	  	1
	3314	  	 3/4” RUGGLES-KLINGEMANN SOLENOID VALVE, SERIAL N
	  	NEW	  	1
	3314	  	 3/4” RUGGLES-KLINGEMANN SOLENOID VALVE, SERIAL N
	  	USED	  	3
	3316	  	 “MILWAUKEE” HYDRAULIC CYLINDER, MOD. C5351-
	  	RE	  	1
	3317	  	 “MILWAUKEE” HYDRAULIC CYLINDER. GE
	  	AR	  	1
	3318	  	 “AMETEK” TURBINE EXHAUST TEMPERATURE SENSOR
	  	NEW	  	57
	3319	  	 “MILWAUKEE” HYDRAULIC CYLINDER. GE
	  	RE	  	1
	3320	  	 “LAURENCE” SOLENOID VALVE, CAT. CYS516J42LCS, S
	  	AR	  	2
	3320	  	 “LAURENCE” SOLENOID VALVE, CAT. CYS516J42LCS, S
	  	NEW	  	1
	3322	  	 6” FLAT BUTTERFLY VALVE,“NELES-JAMESB
	  	NEW	  	3
	3336	  	 EX2000 SCR ASM KIT, 53MM, 4200V, 336A3401AA G14
	  	NEW	  	1
	3337	  	 EX2000 PC POWER AND FEEDBACK DS200DCFBG1B
	  	NEW	  	1
	3338	  	 EX2000 CARD DC2000 DS200SHVIG1B
	  	USED	  	1
	3339	  	 EX2000 SDCCG1 & FW DS215SDCCG1AZZ01B
	  	NEW	  	1
	3340	  	 EX2000 TC2000 EXP.ANALOG INPUT DS200TCCBG3B
	  	NEW	  	1
	3341	  	 EX2000 DC2000 PWR CONN DS200PCCAG6A
	  	NEW	  	1
	3343	  	 EX2000 25 KHZ GATE DRIVER POWER DS200GDPAG1A
	  	NEW	  	1
	3344	  	 EX2000 POWER SUPPLY CARD DS200EXPSG1A
	  	NEW	  	1

  
 38 

							
	3345	  	 EX2000 DE-EXCITATION CONTROL DS200EXDEG1A
	  	USED	  	1
	3347	  	 “MARK V” PLC FULL PANEL WITH CASE
	  	NEW	  	1
	3446	  	 GE. ACTUAL TG FUEL INJECTOR PURGE CHECK VALVE.
	  	AR	  	56
	3446	  	 GE. ACTUAL TG FUEL INJECTOR PURGE CHECK VALVE.
	  	NEW	  	60
	3446	  	 GE. ACTUAL TG FUEL INJECTOR PURGE CHECK VALVE.
	  	RE	  	42
	3447	  	 GE. TG LIQUID FUEL TO INJECTOR CHECK VALVE
	  	NEW	  	32
	3447	  	 GE. TG LIQUID FUEL TO INJECTOR CHECK VALVE
	  	NEW	  	26
	3449	  	 ADAPTER FOR LIQUID FUEL TO INJECTOR CONNECTION
	  	NEW	  	82
	3452	  	 ROSEMOUNT PRESSURE TRANSMITTER 3051CG4A22A1AB4E5
	  	NEW	  	2
	3467	  	 COEN - ELECTRODE ASSY, HIGH STABILITY 23” NEL FOR
	  	NEW	  	6
	3477	  	 COEN - NOZZLE BODY IN BURNER ASSEMBLY P/N
1000-408
	  	NEW	  	1
	3482	  	 COEN - SHIELD ASSEMBLY ITEM P04
	  	NEW	  	1
	3483	  	 COEN - PILOT ASSEMBLY, 16” NOM ITEM Q01
	  	NEW	  	1
	3484	  	 COEN - ELECTRODE ASSEMBLY, HI-STABILITY 15.00 NE
F
	  	NEW	  	1
	3490	  	 COEN - SIGNAL PROCESSOR, UV-7000 ITEM L20
	  	NEW	  	3
	3493	  	 VALTEK 6’ -021081,831,000; ME; DWGREV: 0; SEAT RI
	  	NEW	  	1
	3494	  	 VALTEK 6’ -026546,831,000; ME; DWGREV: 0; PLUG, MK
	  	NEW	  	1
	3522	  	 COPES VULCAN - 1-1/2” UNBALANCED MODIFIED
PARABOLI
	  	NEW	  	1
	3532	  	 COPES VULCAN - 1-1/2” UNBALANCED MODIFIED
PARABOLI
	  	NEW	  	1
	3535	  	 COPES VULCAN - 2 1/2” UNBALANCED MODIFIED PARABOLI
	  	NEW	  	1
	3545	  	 COPES VULCAN - 6” UNBALANCED MODIFIED PARABOLIC 42
	  	NEW	  	1
	3555	  	 COPES VULCAN - 1’ - 1 “ UNBALANCED MODIFIED PARABO
	  	NEW	  	1
	3565	  	 “PULSAFEEDER” DOSING PUMP SPARE PARTS KOPKIT
	  	NEW	  	6
	3598	  	 UPS - PCB, ASSY, BAT CHG-RECT.CURNT
	  	NEW	  	1
	3599	  	 UPS - PCB, ASSY, INV S/S CONT 220V 50HZ
	  	NEW	  	1
	3600	  	 UPS - PCB, ASSY, INTLGNT DIS CON
	  	NEW	  	1
	3606	  	 HYDROG. ANALYZ. - ANALYZER CELL ASSEMBLY
	  	NEW	  	2
	3607	  	 HYDROG. ANALYZ. - 2 WAY NC 120 V 60 HZ, SOLENOID V
	  	NEW	  	1
	3608	  	 HYDROG. ANALYZ. - 2 WAY NO 120 V 60 HZ SOLENOID VA
	  	NEW	  	1
	3609	  	 HYDROG. ANALYZ. - 3 WAY 120 V 60 HZ SOLENOID VALVE
	  	NEW	  	2
	3611	  	 HYDROG. ANALYZ. - REPLACEMENT PURIFIER CARTRIDGE
	  	NEW	  	1
	3613	  	 HYDROG. ANALYZ. - ANALYZER PROCESSOR PCB
	  	NEW	  	1
	3635	  	 WORCESTER 1/2” BALL VALVE, T4446TSWV2
	  	NEW	  	1
	3638	  	 WATLOW TEMPERATURE CONTROL DEVICE, MODEL 988
	  	NEW	  	1
	3639	  	 WATLOW THERMOSTAT FOR GAS HEATER, GE
	  	NEW	  	1
	3640	  	 COPES VULCAN SPARE PART VALVE 1 1/2” No 96123934
	  	NEW	  	4
	3689	  	 PASSONI VILLA BUSHING-TYPE AISLADOR PASANTE
	  	NEW	  	1
	3690	  	 PASSONI VILLA BUSHING-TYPE AISLADOR PASANTE
	  	NEW	  	1
	3989	  	 “LUCAS” LVDT POSITION TRANSDUCER
	  	USED	  	3
	4044	  	 PLC ALLEN-BRADLEY 1785-L20B (PLC5/20)
	  	NEW	  	1

  
 39 

							
	4103	  	 TERMOCUPLA DE ESPACIO ENTRE RUEDAS TIPO “K” PN
	  	NEW	  	2
	4104	  	 TC/S FOR TERMOWELLS COMP INLET TEMPERATURE
	  	NEW	  	9
	4120	  	 SIGNAL CONDITIONING INSTRUMENT ACTION INSTRUMENTS, G408
	  	NEW	  	1
	4242	  	 ROSEMOUNT MANOMETRIC PRESSURE TRANSMITTER
	  	USED	  	1
	4254	  	 “LAGO” 132 KV CIRCUIT BREAKER POLE
	  	NEW	  	1
	4365	  	 “PULSAFEEDER” PUMP RETENTION VALVE SEAT
	  	NEW	  	22
	4404	  	 ASHCROFT THERMOMETER, RANGE 0-200°C
	  	NEW	  	1
	4467	  	 HONEYWELL CONDUCTIVITY CELL, CONSTANT K=1
	  	NEW	  	1
	4472	  	 HIGH VOLTAGE BUSHING – HYUNDAI TRANSF
	  	NEW	  	1
	4473	  	 LOW VOLTAGE BUSHING – TRANSF
	  	NEW	  	1
	4474	  	 FULL SET OF JOINTS FOR HYUNDAI TRANSF
	  	NEW	  	1
	4476	  	 HYUNDAI TRANSF COILING TEMPERATURE INDICATOR
	  	NEW	  	1
	4486	  	 MAIN STEAM PRESSURE TRANSMITTER
	  	AR	  	1
	4487	  	 STEAM FLOW DIFF. PRESS. TRANSMITTER
	  	AR	  	1
	4512	  	 COUPLING OF AUXILIARY EQUIPMENT
	  	NEW	  	1
	4513	  	 COUPLING OF ACCESSORIES TO TG
	  	AR	  	1
	4533	  	 FLEXIBLE CONNECTION PIPE, LIQUID FUEL – TG INJECTORS
	  	NEW	  	17
	4533	  	 FLEXIBLE CONNECTION PIPE, LIQUID FUEL – TG INJECTORS
	  	USED	  	11
	4535	  	 FLEXIBLE CONNECTION PIPE, GAS-INYECT.#4, 10 AND 11.
TG.
	  	NEW	  	3
	4538	  	 FLEXIBLE CONNECTION PIPE, GAS-INJECT # 7 AND 8.
TG.
	  	NEW	  	2
	4539	  	 FLEXIBLE CONNECTION PIPE, GAS-INYECT # 6. TG.
	  	NEW	  	1
	4542	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	NEW	  	3
	4542	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	RE	  	3
	4542	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	USED	  	1
	4543	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	NEW	  	2
	4543	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	RE	  	2
	4544	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	RE	  	1
	4544	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	USED	  	1
	4545	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	NEW	  	1
	4545	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	USED	  	2
	4546	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	NEW	  	8
	4546	  	 FLEXIBLE PIPE FOR STEAM CONTROL - NOX TO TG.COMB CHAMBERS
	  	RE	  	7

  
 40 

							
	4556	  	 REPAIR KIT FOR WORCESTER BALL VALVE, 8” #300 FSAFE
	  	NEW	  	1
	4557	  	 BALL FOR 8” WORCESTER VALVE
	  	NEW	  	2
	4567	  	 “KAVLICO” POSITION TRANSDUCER, LVDT
	  	NEW	  	1
	4568	  	 “KAVLICO” POSITION TRANSDUCER, LVDT
	  	NEW	  	2
	4579	  	 TERMOCUPLA DESC.COMP/INN BARR/WS-3A
	  	NEW	  	2
	4580	  	 SPRING FOR 8” RELIEF VALVE OF TG COMPRESSOR
	  	NEW	  	4
	4581	  	 REPAIR KIT FOR CYLINDER OF TG COMPRESSOR 8” RELEASE VALVE
	  	NEW	  	5
	4582	  	 ROSEMOUNT DIFF. PRESSURE TRANSMITTER, 3051CD2A22A1A
	  	NEW	  	1
	4583	  	 “SOR” THERMOSTAT, MOD.
203B3-L125-U9-C7A-TTWVX2
	  	NEW	  	2
	4586	  	 CAMFLEX MASONEILAN VALVE, 2”.
	  	USED	  	2
	4587	  	 LIMITORQUE L120-10 REPLACEMENT SEAL NP 21500-130
	  	NEW	  	4
	4590	  	 LIMITORQUE L120-10 GEARED LIMIT SWITCH NP21800-008
	  	NEW	  	3
	4591	  	 LIMITORQUE L120-40 GEARED LIMIT SWITCH NP21800-018
	  	NEW	  	1
	4612	  	 LIMITORQUE L120-85 GEARED LIMIT SWITCH G21800-212
	  	NEW	  	1
	4624	  	 PIETRO FIORENTINI REPLACEMENT KIT FOR REFLUX-819
	  	NEW	  	2
	4666	  	 ARMSTRONG STEAM TRAP, MODEL 411G
	  	NEW	  	1
	4667	  	 ARMSTRONG LIQUID DRAINER, MODEL 11-LD/400LBS
	  	NEW	  	2
	4705	  	 RAD SINGLE MODE FIBER OPTIC MODEM
	  	NEW	  	2
	4734	  	 PIETRO FIORENTINI REGULATOR, MODEL R-14/A
	  	NEW	  	2
	4735	  	 PIETRO FIORENTINI PILOT 204/A
	  	NEW	  	2
	4745	  	 POWER TRANSFORMER. 133MW ELECT TRANSF PIPES
	  	USED	  	1
	4780	  	 ROSEMOUNT DIFF. PRESSURE TRANSMITTER, MOD.1151DP5S5
	  	AR	  	1
	4782	  	 ROSEMOUNT TEMP. TRANSM., 3144D1NAM5 #SERIE 0208974
	  	AR	  	1
	4783	  	 ROSEMOUNT DIFF. PRESSURE TRANSMITTER, MOD. 1151DP5S
	  	AR	  	1
	4791	  	 EXPANSION JOINT, TG-EXHAUST,
	  	NEW	  	29
	4793	  	 BLADE, FIRST TURBINE STAGE
	  	AR	  	92
	4794	  	 BLADE, SECOND TURBINE STAGE
	  	AR	  	92
	4795	  	 BLADE, THIRD TURBINE STAGE
	  	AR	  	92
	4796	  	 FULL NOZZLE, FIRST TURBINE STAGE
	  	AR	  	1
	4797	  	 NOZZLE, SECOND TURBINE STAGE
	  	AR	  	1
	4798	  	 NOZZLE, THIRD TURBINE STAGE
	  	AR	  	1
	4800	  	 SET OF SHROUDS, SECOND TURBINE STAGE
	  	AR	  	1
	4801	  	 SET OF SHROUDS, THIRD TURBINE STAGE
	  	AR	  	1
	4802	  	 MOOG SERVO VALVE SPEED RATIO VALVE MOD.G771K200
	  	NEW	  	8
	4802	  	 MOOG SERVO VALVE SPEED RATIO VALVE MOD.G771K200
	  	RE	  	4
	4802	  	 MOOG SERVO VALVE SPEED RATIO VALVE MOD.G771K200
	  	USED	  	1
	4804	  	 COMPRESSOR DISCHARGE CASE
	  	NEW	  	1
	4806	  	 GE 3-PHASE SWITCH; SPECTRA RMS; SELA36AI0007
	  	NEW	  	1
	4808	  	 GE REPAIR KIT FOR CONTACTOR; DWG: 55-154607G041
	  	NEW	  	2
	4809	  	 GE REPAIR KIT FOR CONTACTOR; DWG: 55-153678G002
	  	NEW	  	1

  
 41 

							
	4810	  	 GE REPAIR KIT FOR CONTACTOR; DWG: 55-153677G002
	  	NEW	  	3
	4811	  	 GE REPAIR KIT FOR CONTACTOR; DWG: 546A780G051
	  	NEW	  	2
	4812	  	 GE REPAIR KIT FOR CONTACTOR; DWG: 546A301G053
	  	NEW	  	5
	4813	  	 GE 3-PHASE SWITCH; SPECTRA RMS; SELA36AT0030;
	  	NEW	  	6
	4818	  	 GE 3-PHASE SWITCH; SPECTRA RMS; SELA36AT0060
	  	NEW	  	4
	4820	  	 GE 3-PHASE SWITCH; SPECTRA RMS; SELA36AT0100
	  	NEW	  	4
	4821	  	 GE 3-PHASE SWITCH; SPECTRA RMS; SELA36AT0150
	  	NEW	  	1
	4822	  	 GE 3-PHASE SWITCH; SPECTRA RMS; SFLA36AT0250;
	  	NEW	  	1
	4823	  	 GE 3-PHASE SWITCH; SPECTRA RMS; SGLA36AT0400;
	  	NEW	  	2
	4824	  	 GE BIPOLAR SWITCH; MOD.THED136100WL
	  	NEW	  	1
	4825	  	 GE CONTACTOR; IC2800-A501 AF23C
	  	NEW	  	1
	4826	  	 GE CONTACTOR; EX2000
	  	NEW	  	2
	4827	  	 GE TIMER RELAY; IC2820-A100; TYPE: BB3BD
	  	NEW	  	1
	4845	  	 GE CONTACTOR COIL; CAT.55-530249G004
	  	NEW	  	2
	4846	  	 GE CONTACTOR COIL; CAT.55-501463G002
	  	NEW	  	1
	4862	  	 GE CONTACTOR COIL; CAT. 22D57G19A
	  	NEW	  	2
	4970	  	 GE THERMAL RELAY FOR CONTACTOR; DWG: CR324F360F
	  	NEW	  	1
	4973	  	 EX2000 INPUT/OUTPUT CARD 531X307LTBAKG1
	  	NEW	  	1
	4974	  	 EX2000 CONTACTOR PILOT CARD DS200CPCAG1A
	  	NEW	  	1
	4975	  	 EX2000 SIGNAL CONDITIONING INSTRUMENT DS200PTCTG1B
	  	NEW	  	1
	4976	  	 EX2000 RELAY CARD DS200RTBAG2A
	  	NEW	  	1
	4977	  	 EX2000 RELAY CARD DS200RTBAG1A
	  	NEW	  	1
	4978	  	 EX2000 LINE PROTECTION CARD DS200LPPAG1A
	  	NEW	  	1
	4980	  	 EX2000 SILCO-5 CARD (CSG) NP 4006L4114AAG001
	  	NEW	  	1
	4994	  	 PRESOST.“DWYER”
1950P-2-2F - 35 PSI-FAN. CASE
	  	NEW	  	2
	6024	  	 SYNCHRONIZED PUMP GEAR, WARREN TG
	  	NEW	  	1
	6037	  	 BUFFALO PUMP,-IMPELLER ROTOR
	  	NEW	  	1
	6037	  	 BUFFALO PUMP-IMPELLER ROTOR
	  	USED	  	1
	6052	  	 FENWAL FIRE DETECTOR, 725 °F (385°C)
	  	NEW	  	5
	6055	  	 OIL DEFLECTOR INNER SEAL
	  	NEW	  	4
	6070	  	 “CUSTOM” PRESSURE SWITCH, MODEL 646GE5, 330/1000 PSI
	  	NEW	  	1
	6088	  	 FLAME CROSS PIPE, FEMALE, EXTENDER
	  	NEW	  	8
	6089	  	 FLAME CROSS PIPE, MALE, EXTENDER
	  	NEW	  	13
	6089	  	 FLAME CROSS PIPE, MALE, EXTENDER
	  	NEW	  	4
	6090	  	 EXPANSION JOINT, TG EXHAUST 298A8909P003
	  	NEW	  	30
	6091	  	 SPARE PARTS FOR SCREW PUMP, WARREN
	  	NEW	  	1
	6098	  	 12-POINT SCREW, HORIZ. JOINT, TURBINE CASE
	  	NEW	  	8
	6100	  	 STAINLESS STEEL TEE MACHO RED. FOR TG FUEL INJECTOR
	  	NEW	  	105
	6109	  	 GENERATOR BEARING OIL DRAINAGE TEMPERATURE SENSOR
	  	NEW	  	2
	6113	  	 12-POINT SCREW; SIZE:
1-3/4“x8-
	  	NEW	  	5

  
 42 

							
	6115	  	 12-POINT SCREW; SIZE: 1 1/4“x 4”
	  	NEW	  	4
	6174	  	 FIBER JOINT FOR GENERATOR H2 SEAL
	  	NEW	  	1
	6175	  	 FIBER JOINT FOR GENERATOR H2 SEAL
	  	NEW	  	1
	6182	  	 EXTERNAL OIL DEFLECTOR FOR GENERATOR
	  	NEW	  	1
	6183	  	 EXTERNAL OIL DEFLECTOR FOR GENERATOR
	  	USED	  	1
	6186	  	 RECTANGULAR KLINGERIT JOINT FOR GENERATOR
	  	NEW	  	3
	6214	  	 EX2000 CARD; SLCCG1 & FW DWG DS215SLCCG1AZZ01B
	  	NEW	  	1
	6245	  	 TG GAS CONTROL VALVE, NP 355A8415P006/P009
	  	NEW	  	1
	6245	  	 TG GAS CONTROL VALVE, NP 355A8415P006/P009
	  	RE	  	1
	6247	  	 GAS STOP VALVE, NP 356A3317P006
	  	AR	  	1
	6247	  	 GAS STOP VALVE, NP 356A3317P006
	  	RE	  	1
	6252	  	 EXPANSION JOINT, CAJON ESCAPE TG
	  	NEW	  	3
	6254	  	 EXPANSION JOINT, CAJON ESCAPE TG
	  	NEW	  	12
	6255	  	 TG BOLT SAFETY
	  	NEW	  	8
	6259	  	 “ITT NEODYNE” PRESSURE SWITCH, 100P11C6, 5~75 PSI
	  	NEW	  	1
	6260	  	 “SOR” THERMOSTAT, MOD 207B3-L1X5-U9-C7A-TTWVX
	  	NEW	  	2
	6261	  	 “CUSTOM” DIFF. PRESSURE SWITCH, MOD. 642DEAM 8102
	  	NEW	  	3
	6262	  	 “CUSTOM” DIFF. PRESSURE SWITCH, MOD. 646GZEM1-7011
	  	NEW	  	6
	6263	  	 LOCK OF FLAME CROSS PIPE TG (TEC-EXTENDOR)
	  	NEW	  	56
	6265	  	 COMPLETE FUEL NOZZLE FOR TG
	  	AR	  	14
	6266	  	 “SOR” THERMOSTAT, MOD.
207B3-L125-U9-C7A-TTW
	  	NEW	  	2
	6325	  	 MODEM BOARD FOR QUANTUM Q121, CAT. 425933-001
	  	USED	  	1
	6329	  	 LIQUID FUEL BY PASS MOOG SERVO VALVE
	  	NEW	  	6
	6329	  	 LIQUID FUEL BY PASS MOOG SERVO VALVE
	  	RE	  	3
	6329	  	 LIQUID FUEL BY PASS MOOG SERVO VALVE
	  	USED	  	2
	6353	  	 IGV MILWAUKEE B5351G ACTUATOR CYLINDER
	  	NEW	  	2
	6431	  	 RTU ABB 211 – BASE MODULE 23CM61R1220 CON 23IO96R1
	  	NEW	  	1
	6444	  	 ASCO CONDENSED SOLENOID VALVES
	  	NEW	  	2
	6502	  	 TG HYDRAULIC PUMP, BRONZE ROTOR FOR PISTONS.
	  	NEW	  	1
	6529	  	 BENTLY NEVADA EXTENSION CABLE
	  	NEW	  	4
	6530	  	 BENTLY NEVADA, VIBRATION SENSOR
	  	NEW	  	4
	6534	  	 “ITT NEODYNE” PRESSURE SWITCH, 100P14C6 B
	  	NEW	  	1
	6542	  	 MILWAUKEE BLADE ACTUATOR CYLINDER GUIDE UNIT, AKX5351
	  	NEW	  	2
	6543	  	 MILWAUKEE BLADE ACTUATOR CYLINDER GUIDE UNIT, C5351
	  	NEW	  	2
	6544	  	 ACTUATOR CYLINDER STOP/RATIO GAS VALVE
	  	NEW	  	3
	6545	  	 ACTUATOR CYLINDER STOP/RATIO GAS VALVE C14312
	  	NEW	  	3
	6547	  	 ACTUATOR CYLINDER STOP/RATIO GAS VALVE C14312E
	  	NEW	  	3
	6549	  	 ACTUATOR CYLINDER GAS CONTROL VALVE C12714G
	  	NEW	  	1
	6550	  	 ACTUATOR CYLINDER GAS CONTROL VALVE AKX 12714
	  	NEW	  	1
	6559	  	 SUPPORT FOR TG TRANSITION BULLHORN
	  	NEW	  	11

  
 43 

							
	6585	  	 PIETRO FIORENTINI REFLUX-819+DB,FI6” KIT
	  	NEW	  	2
	6586	  	 PIETRO FIORENTINI REFLUX819 FI 6” SHUTTER
	  	NEW	  	2
	6588	  	 PIETRO FIORENTINI LINE-OFF 105 KIT
	  	NEW	  	1
	6589	  	 AUXILIARY EQUIPMENT GEARBOX BEARING
	  	NEW	  	2
	6591	  	 AUXILIARY EQUIPMENT GEARBOX BEARING
	  	NEW	  	2
	6592	  	 AUXILIARY EQUIPMENT GEARBOX BEARING
	  	NEW	  	2
	6593	  	 SPARE PARTS FOR TG SSS CLUTCH
	  	NEW	  	1
	6594	  	 COJINETES EJE SALIDA VIRADOR A TG
	  	NEW	  	1
	6594	  	 COJINETES EJE SALIDA VIRADOR A TG
	  	USED	  	2
	6595	  	 “WORCESTER”, 8” #300 BALL VALVE REPAIR KIT
	  	NEW	  	4
	6598	  	 CLARK RELIANCE LEVEL SENSOR, PN V020RK
	  	NEW	  	3
	6604	  	 CONSOLIDATED 2533, DISK (PILOT)
	  	NEW	  	1
	6607	  	 CONSOLIDATED 2533, ROD (PILOT)
	  	NEW	  	1
	6608	  	 CONSOLIDATED 2533, SEAT RETAINER (PILOT)
	  	NEW	  	1
	6609	  	 CONSOLIDATED 2533, DISCO (MAIN VLV)
	  	NEW	  	1
	6610	  	 CONSOLIDATED 2533, SPRING (MAIN VLV)
	  	NEW	  	1
	6611	  	 CONSOLIDATED 2533, SEALED RING (MAIN VLV)
	  	NEW	  	1
	6612	  	 CONSOLIDATED 2533, SEAT RETAINER (MAIN VLV)
	  	NEW	  	1
	6613	  	 CONSOLIDATED 2533, GUIDE UNIT (MAIN VLV)
	  	NEW	  	1
	6616	  	 LEVEL SENSOR FOR YARWAY AQUARIAN 1000, 964584-01
	  	NEW	  	1
	6620	  	 GLOBE VALVE, 1”, FORGED STEEL, SERIES 800, SW.
	  	NEW	  	5
	6633	  	 “GENERAL EASTERN” HEX-2 PLATINUM MIRROR
KIT
	  	NEW	  	2
	6716	  	 INCONEL JOINT, TG EXHAUST CASE
	  	NEW	  	2
	6725	  	 REUTER-STOKES
RS-FS-9001, 4-20 MA FLAME DETECTOR
	  	NEW	  	4
	6726	  	 TURBINE FLAME DETECTOR ADAPTER MODULE
	  	NEW	  	1
	6727	  	 END OF STROKER ANTI-SURGE VALVE, GE 62105-5
	  	NEW	  	6
	6728	  	 HYDROG. ANALYZ. - DISPLAY KEY PAD HB0011G01
	  	NEW	  	1
	6750	  	 A°C° FINNED TUBE FOR HRSG ECONOMIZER
	  	NEW	  	1,32
	6751	  	 GATE VALVE, 1” SERIES 800, SW,“NEWCO 54”.
	  	NEW	  	14
	6781	  	 SULPHIDE GAS (H2S) DETECTOR AND TRANSMITTER
	  	AR	  	1
	6781	  	 SULPHIDE GAS (H2S) DETECTOR AND TRANSMITTER
	  	NEW	  	2
	6788	  	 ROSEMOUNT PRESSURE TRANSMITTER
	  	NEW	  	1
	6790	  	 END OF STROKE, 33FL, GASOIL STOP VALVE
	  	NEW	  	1
	6791	  	 CABLE FOR SEISMIC VIBRATION SENSOR
	  	NEW	  	2
	6792	  	 CABLE FOR SEISMIC VIBRATION SENSOR
	  	NEW	  	1
	6793	  	 CABLE FOR SEISMIC VIBRATION SENSOR
	  	NEW	  	1
	6794	  	 EXPLOSIVE GAS DETECTOR MONITOR
	  	NEW	  	1
	6795	  	 “SOR” THERMOSTATE, 50 - 70 °F
	  	NEW	  	2
	6795	  	 “SOR” THERMOSTATE, 50 - 70 °F
	  	NEW	  	2
	6796	  	 SOR DIFFERENTIAL PRESSURE SWITCH
	  	NEW	  	3

  
 44 

							
	6797	  	 SIGHT FLOW INDICATOR;
	  	NEW	  	1
	6799	  	 G.E. 3-WAY SWITCH FOR CC.
	  	NEW	  	1
	6806	  	 GENERAL ELECTRIC CONTACTOR
	  	NEW	  	1
	6807	  	 GENERAL ELECTRIC CONTACTOR
	  	NEW	  	1
	6808	  	 G.E. CONTACTOR, MOD CR306F002LTH
	  	NEW	  	1
	6809	  	 GENERAL ELECTRIC CONTACTOR
	  	NEW	  	1
	6810	  	 DIFFERENTIAL PRESSURE TRANSMITTER
	  	NEW	  	1
	6810	  	 DIFFERENTIAL PRESSURE TRANSMITTER
	  	USED	  	1
	6825	  	 ROSEMOUNT PRESSURE TRANSMITTER
	  	NEW	  	2
	6825	  	 ROSEMOUNT PRESSURE TRANSMITTER
	  	USED	  	1
	6826	  	 ROSEMOUNT PRESSURE TRANSMITTER
	  	NEW	  	1
	6828	  	 “SOR” THERMOSTAT
	  	NEW	  	4
	6829	  	 ROSEMOUNT PRESSURE TRANSMITTER
	  	NEW	  	1
	6830	  	 ROSEMOUNT PRESSURE TRANSMITTER
	  	NEW	  	1
	6836	  	 NOX STEAM FLOW DIFF. PRESS. TRANSMITTER
	  	AR	  	1
	6837	  	 NOX STEAM FLOW DIFF. PRESS. TRANSMITTER
	  	AR	  	1
	6849	  	 UNLOAD 1SV SOLENOID VALVE
	  	NEW	  	1
	6854	  	 POWER SUPPLY RPS-424 THORN
	  	NEW	  	1
	6862	  	 CO2 TANK LEVEL INDICATOR
	  	NEW	  	1
	6863	  	 3/4” RELEASE VALVE FOR CO2 TANK
	  	NEW	  	1
	6865	  	 PRESSURE SWITCH, CO2 TANK ALARM
	  	NEW	  	1
	6866	  	 CO2 DISCHARGE PRESSURE SWITCH
	  	NEW	  	1
	6867	  	 3 WAY SOLENOID VALVE 24 VDC
	  	NEW	  	1
	6893	  	 GASOIL TANK LEVEL TRANSMITTER
	  	AR	  	1
	6905	  	 NICHROME STRIP
	  	NEW	  	1,25
	6916	  	 IGVS DISCHARGE RELAY; VALVE ASSY, HYDR TRIP RELAY
	  	AR	  	1
	6928	  	 “CUSTOM” DIFF. PRESSURE SWITCH , MOD. 642DEAM 8102, INCR.
	  	NEW	  	1
	6937	  	 STM-A-106 Gr B
PIPE; DIAMETER 20”, SCH 60
	  	NEW	  	2,52
	6955	  	 KIT AISLADOR DE CÁMARA FKG UNIP INTERRUPTOR ALSTOM
	  	NEW	  	3
	6956	  	 KIT AISLADORES SOPORTES FKG1N; ALSTOM SWITCH
	  	NEW	  	3
	6962	  	 MOLECULAR SIEVE REPLACEMENT KIT; ALSTOM SWITCH
	  	NEW	  	3
	6963	  	 TRANSIT RENEWAL KIT; ALSTOM SWITCH
	  	NEW	  	3
	6965	  	 HYDRAULIC ACCUMULATOR 7L 400-17 0 ALSTOM SWITCH
	  	NEW	  	1
	6966	  	 HYDRAULIC ACCUMULATOR ASSEMBLY KIT ALSTOM SWITCH
	  	NEW	  	1
	7002	  	 TOOL FOR TG GASOIL CHECK VALVE
	  	NEW	  	10
	7004	  	 TG GASOIL PURGE CHECK VALVE REPAIR KIT
	  	NEW	  	5
	7005	  	 TOOL FOR TG GASOIL PURGE CHECK VALVE
	  	NEW	  	11
	7028	  	 SEISMIC VIBRATION SENSOR CABLE, GENERATOR #2
	  	NEW	  	2
	7030	  	 DIFFERENTIAL PROTECTION FOR 132 kV CABLE
	  	RE	  	3
	7037	  	 SAMPLING PANEL PRESSURE CONTROL VALVE
	  	NEW	  	1

  
 45 

							
	7064	  	 Rear roller bearing for hing. dress HOC2 pump 3x1.5x13
	  	NEW	  	1
	7069	  	 RETÉN L. IMPULS. BBA ING. DRESSER HOC2 3 x
1 1⁄2 x 13
	  	NEW	  	1
	7070	  	 Mechanical seal, Bba Ing. Dress. HOC2 3x1.5x13
	  	NEW	  	2
	7071	  	 Separator, Bba Ing. Dress. HOC2 3x1.5x13
	  	NEW	  	2
	7077	  	 GASOIL MICRO MOTION FLOW SENSOR
	  	RE	  	1
	7078	  	 MICROMOTION FLOW TRANSMITTER
	  	AR	  	1
	7085	  	 NEWCO GLOBE VALVE, 1-1/2” 28S-FS2-WB
	  	NEW	  	3
	7103	  	 GATE VALVE, DIAMETER 1”; SW, ANSI #1500
	  	NEW	  	5
	7110	  	 GASOIL PRESSURE CONTROL VALVE, OCV 127-3
	  	NEW	  	1
	7111	  	 ELECTRIC CLUTCH FOR THE TG FUEL PUMP
	  	AR	  	1
	7111	  	 ELECTRIC CLUTCH FOR THE TG FUEL PUMP
	  	NEW	  	1
	7119	  	 EX2000 POWER SUPPLY LINE FOR BRIDGE
	  	NEW	  	1
	7120	  	 EX2000 THYRISTOR ARM FOR RECT. BRIDGE
	  	NEW	  	1
	7121	  	 EX2000 RESISTORS FOR GROUNDING DETECTOR; GND
	  	NEW	  	1
	7122	  	 EX2000 FIELD CURRENT CONTACTOR (MDA/MDB);
	  	NEW	  	1
	7123	  	 EX2000 RECTIFIER BRIDGE FUSE; 900A 1650VA
	  	NEW	  	6
	7125	  	 EX2000 BRIDGE POWER SUPPLY SAFETY GUARD DS2020LPPA340A
	  	NEW	  	1
	7126	  	 EX2000 SINGLE FLASHING CONTACTOR DS303A3A01GXA003XF
	  	NEW	  	1
	7127	  	 EX2000 DUAL FLASHING CONTACTOR DS303A3C01GXA003XN
	  	NEW	  	1
	7128	  	 EX2000 FIELD FLASHING DIODES; PDDP1002P20Q16
	  	NEW	  	1
	7132	  	 EX2000 SHAFT VOLTAGE SUPPRESSOR 173C9117G2
	  	NEW	  	1
	7155	  	 STRAIGHT SPLICE CONNECTOR FOR CABLES 1x500 MM2 - 132KV
	  	NEW	  	6
	7156	  	 EXTERNAL TERMINAL END FOR CABLES 1x500 MM2 - 132KV
	  	NEW	  	1
	7191	  	 STAINLESS STEEL SHEET, AISI 310, HRSG INSULATION COATING
	  	NEW	  	1
	7193	  	 GENERAL EASTERN DEW POINT MEASURING DEVICE
	  	AR	  	1
	7194	  	 FILTER FOR DEW POINT MEASURING DEVICE SENSOR
	  	NEW	  	4
	7200	  	 PRESSURE SWITCH MODEL 646GE11, 20/150 PSI MANIFOLD H2
	  	NEW	  	2
	7210	  	 MICROMOTION GASOIL FLOW METER
	  	AR	  	1
	7211	  	 MICROMOTION GASOIL FLOW TRANSMITTER
	  	RE	  	1
	7228	  	 ASCO 3 WAY SOLENOID VALVE 120VCC
	  	NEW	  	2
	7231	  	 END OF STROKE GAS MODULE PURGE VALVES
	  	NEW	  	6
	7236	  	 DIFFERENTIAL PRESSURE INDICATOR 0-40 PSI
	  	NEW	  	1
	7239	  	 8” BUTTERFLY VALVE FOR TG COOLING WATER MODULE
	  	NEW	  	2
	7245	  	 3” TRANSF. VALVE FOR TG GASOIL FILTERS
	  	RE	  	1
	7249	  	 NEOPRENE 21.65” EXPANSION JOINT, ABB BUS DUCT
	  	NEW	  	6
	7250	  	 NEOPRENE 28.74” EXPANSION JOINT, ABB BUS DUCT
	  	NEW	  	3
	7253	  	 HRSG ECONOMIZER DRAINS EXPANSION JOINT
	  	NEW	  	17
	7254	  	 A°I° FINNED TUBE FOR HRSG ECONOMIZER
	  	NEW	  	8
	7256	  	 SWAGELOK HIGH TEMPERATURE VALVE, T 1/2”
	  	NEW	  	1
	7274	  	 FILTERING COMPONENT FOR COALESCENT FILTER
	  	NEW	  	4

  
 46 

							
	7276	  	 “HANNA” OPR MEASURING ELECTRODE, MOD.HI2001
	  	NEW	  	1
	7299	  	 PRIMARY SPARE PARTS KIT FOR TG TURNING GEAR REDUCER
	  	NEW	  	1
	7300	  	 TG START SYSTEM CLUTCH SPARE PARTS KIT
	  	NEW	  	1
	7301	  	 TG START CLUTCH HOLDER
	  	NEW	  	2
	7303	  	 ROLLER BEARINGS KIT FOR TG TORQUE CONVERTER
	  	NEW	  	1
	7305	  	 SOLENOID VALVE FOR TG TORQUE CONVERTER
	  	NEW	  	1
	7307	  	 SECONDARY SPARE PARTS KIT FOR TG TURNING GEAR REDUCER
	  	NEW	  	1
	7308	  	 BOLTS AND NUTS FOR TG TORQUE CONVERTER OUTPUT COUPLING
	  	NEW	  	1
	7327	  	 EX20000 MOTHERBOARD EXCITER DS200LDCCH1A
	  	NEW	  	1
	7343	  	 DECLUTCH ASSEMBLY FOR LIMITORQUE MX20-1A
	  	NEW	  	1
	7344	  	 CONTACTOR ASSEMBLY 9A FOR LIMITORQUE MX20-1A
	  	NEW	  	1
	7345	  	 SEAL KIT FOR LIMITORQUE MX20-1A.
	  	NEW	  	1
	7346	  	 POWER BOARD 6 AMP. FOR LIMITORQUE MX20-1A .
	  	NEW	  	1
	7347	  	 ENCODER. FOR LIMITORQUE MX20-1A ;
	  	NEW	  	1
	7348	  	 BEARING NEEDLE THRUST BASE FOR LIMITORQUE MX20-1A
	  	NEW	  	2
	7363	  	 QUILL VIBRATION DETECTOR
	  	NEW	  	2
	7365	  	 CAP FAB. VIBRATION DETECT PROTECTION CASE
	  	NEW	  	1
	7365	  	 CAP FAB. VIBRATION DETECT PROTECTION CASE
	  	NEW	  	1
	7366	  	 GLAND, PACKING TUBE BEARING # 1 FOR TG
	  	NEW	  	1
	7367	  	 VIBRATION DETECTOR ASM
	  	NEW	  	1
	7372	  	 OIL STAMP DIFFERENTIAL GAUGE ( MANOMETER)
	  	NEW	  	1
	7373	  	 BENTLY NEVADA VIB PROBE ASM 3300 SERIES
	  	NEW	  	1
	7374	  	 VIBRATION CABLE, 5FT
	  	NEW	  	1
	7376	  	 TEMP DETECT RTD AIR INLET TO TG COMPRESSOR
	  	NEW	  	6
	7377	  	 FIRE DETECTOR 600°F
	  	NEW	  	7
	7377	  	 FIRE DETECTOR 600°F
	  	NEW	  	7
	7378	  	 PROXIMITOR SENSOR 3300 SERIES
	  	NEW	  	4
	7388	  	 AUXILIARY GEARBOX BEARING
	  	NEW	  	2
	7389	  	 AUXILIARY GEARBOX BEARING
	  	NEW	  	2
	7391	  	 VALVE PLUG FOR CV500 6” CL300 FISHER VALVE
	  	NEW	  	1
	7392	  	 SEAT RING RESTRICTED PORT FOR CV FISHER VALVE
	  	NEW	  	1
	7393	  	 FACE SEAL FOR CV500 6” CL300 FISHER VALVE
	  	NEW	  	6
	7396	  	 BEARING SEAL FOR CV500 6” FISHER VALVE
	  	NEW	  	8
	7408	  	 BENTLY NEVADA, PROXIMITOR PART N° 330100-50-00
	  	NEW	  	2
	7421	  	 AMORTISSEUR
	  	NEW	  	4
	7428	  	 GLASS TAPE TYING
	  	NEW	  	45
	7437	  	 BEARING #2 TG; LINER, JOURNAL BEARING 2
	  	RE	  	2
	7441	  	 STUD, BODY BOUND
	  	NEW	  	2
	7449	  	 SUPPORT FOR TG TRANSITION BULLHORN
	  	NEW	  	40
	7450	  	 TAPER GAGE
	  	NEW	  	1

  
 47 

							
	7451	  	 OIL DEFLECTOR BEARING 2; BRG DEFL#2
	  	NEW	  	8,5
	7454	  	 BEARING #1 TG; LINER, JOURNAL BEARING 1
	  	NEW	  	1
	7454	  	 BEARING #1 TG; LINER, JOURNAL BEARING 1
	  	RE	  	1
	7455	  	 FIRST STAGE NOZZLE SUPPORT; NOZZSPTRNG
	  	NEW	  	2
	7456	  	 CONE, ASSY-FUEL NOZZLE
	  	NEW	  	8
	7464	  	 PIN ECCENT
	  	NEW	  	3
	7471	  	 PIN, LOCATION
	  	NEW	  	8
	7472	  	 PIN LOCATE
	  	NEW	  	12
	7484	  	 SEAL
	  	NEW	  	6
	7495	  	 GASKET
	  	NEW	  	1
	7496	  	 GASKET
	  	NEW	  	4
	7497	  	 GLAND
	  	NEW	  	3
	7506	  	 CUÑA DE RETENCIÓN ÁLABES FIJOS CCZA COMPRESOR KEY
	  	NEW	  	8
	7508	  	 CLAMP
	  	NEW	  	27
	7509	  	 SEGMENT SPACER
	  	NEW	  	21
	7519	  	 PACKING, PREFORMED
	  	NEW	  	3
	7521	  	 SHROUDS SET, 9001 3RD STG SIN HONEY COMB
	  	NEW	  	1
	7522	  	 GASKET
	  	NEW	  	2
	7525	  	 ANTI ROTATION PIN
	  	NEW	  	3
	7529	  	 PIN SEAL
	  	NEW	  	3
	7534	  	 EXT PRESSURIZED E SEAL
	  	NEW	  	2
	7539	  	 STAT WDG CONV-9H2/314
	  	NEW	  	1
	7574	  	 TWELVE POINT NUT 1” 3/4” X 8 THREADS
	  	NEW	  	43
	7602	  	 TIE BLOCK
	  	NEW	  	4
	7604	  	 CHARGE COUPLING SPIGOT. STDU 2-3 / 4 (12) x 10.55
	  	NEW	  	32
	7605	  	 CHARGE COUPLING NUT; NUT 2-3/4
	  	NEW	  	64
	7608	  	 PIN SEAL
	  	NEW	  	6
	7609	  	 SEALING RING
	  	NEW	  	1
	7611	  	 PLUG BORES
	  	NEW	  	7
	7612	  	 OIL DEFL. ASSY (MIDDLE)
	  	NEW	  	4
	7618	  	 BEARING #3 TG; LINER ASSY BEARING 3
	  	NEW	  	1
	7618	  	 BEARING #3 TG; LINER ASSY BEARING 3
	  	RE	  	1
	7619	  	 TG THRUST BEARING, ACTIVE SIDE
	  	NEW	  	1
	7619	  	 TG THRUST BEARING, ACTIVE SIDE
	  	RE	  	1
	7620	  	 TG THRUST BEARING, INACTIVE SIDE
	  	NEW	  	1
	7620	  	 TG THRUST BEARING, INACTIVE SIDE
	  	RE	  	1
	7621	  	 BEARING #1 GENERATOR, TURBINE SIDE
	  	RE	  	1
	7622	  	 BEARING #2 GENERATOR, COLLECTOR SIDE
	  	NEW	  	1
	7625	  	 BRG SEAL #1
	  	NEW	  	4
	7632	  	 FLOW METER FOR GE SEALING OIL
	  	NEW	  	1

  
 48 

							
	7633	  	 SOLENOID VLV FOR H DISCHARGE
	  	NEW	  	1
	7634	  	 SOLENOID VALVE FOR INLET OF CO2 TO GENERATOR
	  	NEW	  	1
	7637	  	 SIGHT FLOW FORE LUBE OIL
	  	NEW	  	2
	7638	  	 DIF PRES REG VALVE
	  	NEW	  	1
	7646	  	 SHIM. THRUST BEARING
	  	NEW	  	1
	7647	  	 SHIM.THRUST BEARING MS9
	  	NEW	  	1
	7658	  	 HYDRAULIC CYLINDER FOR TG GASOIL CONTROL BYPASS VALVE
	  	NEW	  	1
	7662	  	 TG CHARGE COUPLING FAN MOTOR
	  	RE	  	1
	7684	  	 12-POINT SCREW,
1-3/4” X 8H X 11-1/2”
	  	NEW	  	6
	7685	  	 MPIM MULTI-PURPOSE IMPUT MODULE, “THORN AUTOM
	  	NEW	  	2
	7687	  	 FIRE CONTROL MODULE, “THORN AUTOMATED SYSTEM
	  	NEW	  	1
	7688	  	 ODM OPERATOR DISPLAY MODULE, “THORN AUTOMATE
	  	NEW	  	1
	7691	  	 VALTEK 6” - 046552,150,000; ME; CAGE
	  	NEW	  	1
	7696	  	 TG COOLING WATER FAN MOTOR
	  	RE	  	1
	7770	  	 GATE VALVE 1-1/2” FGLD “NEWCO” FIGURE 16F-FS2
	  	NEW	  	5
	7771	  	 SOLENOID VALVE FOR TG AIR DRYER Y1342BA08-T
	  	NEW	  	2
	7772	  	 SOLENOID VALVE FOR TG AIR DRYER TG Y1342BA08INA-T
	  	NEW	  	2
	7776	  	 ABAC 3-VALVE INTEGRATED MANIFOLD, MOD.M4RIG
	  	NEW	  	1
	7780	  	 STEAM/BELTEYE FOR DEWRANCE-DRESSER VALVE
	  	NEW	  	1
	7781	  	 GLAND FOR DEWRANCE-DRESSER VALVE
	  	NEW	  	1
	7782	  	 JACKING SCREW FOR DEWRANCE-DRESSER VALVE
	  	NEW	  	4
	7783	  	 MALE DISK FOR DEWRANCE-DRESSER VALVE
	  	NEW	  	1
	7784	  	 FEMALE DISK FOR VALVE DEWRANCE-DRESSER
	  	NEW	  	1
	7786	  	 NECK BRUSH FOR DEWRANCE-DRESSER VALVE
	  	NEW	  	1
	7790	  	 TG AUXILIARY LUBRICATION PUMP IMPELLER
	  	NEW	  	1
	7791	  	 TG AUXILIARY LUBRICATION PUMP BOTTOM WEAR RING
	  	NEW	  	1
	7792	  	 TG AUXILIARY LUBRICATION PUMP TOP WEAR RING
	  	NEW	  	1
	7793	  	 TG AUXILIARY LUBRICATION PUMP BUSHING
	  	NEW	  	1
	7797	  	 CCI VALVE, CONTROL VALVE SPARE PARTS KIT
	  	NEW	  	5
	7805	  	 CONCENTRIC REDUCER D=10” - D=6”
	  	NEW	  	1
	7812	  	 PIN SEAL
	  	NEW	  	7
	7819	  	 BULLHORN WEAR COVER
	  	NEW	  	28
	7823	  	 LAURENCE SOLENOID VALVE, MOD D-125-HS-10-P
	  	NEW	  	1
	7824	  	 SPEEDTRONIC – DTBC TERMINAL BOARD
	  	NEW	  	1
	7825	  	 EX2000 - JUMPERS KIT
	  	NEW	  	1
	7827	  	 SUPPORT WITH ROLLER BEARINGS FOR TG FAN SHAFT
	  	NEW	  	2
	7832	  	 LAURENCE VALVE REPLACEMENT KIT
	  	NEW	  	2
	7833	  	 LAURENCE VALVE REPLACEMENT KIT
	  	NEW	  	2
	7834	  	 LAURENCE VALVE REPLACEMENT KIT
	  	NEW	  	1
	7835	  	 PARKER PRECISION NEEDLE VALVE
	  	NEW	  	1

  
 49 

							
	7837	  	 TAP 1” NPT (GAS);
	  	NEW	  	1
	7839	  	 WNRF FLANGE, A-105, ANSI B16.5, DIAMETER 10”
	  	NEW	  	2
	7848	  	 HYDROGEN PRESSURE REGULATOR; 3000-50 PSI
	  	NEW	  	1
	7858	  	 EX2000 CONNECTION CABLE; 2PL CABLE W/ARCNET
	  	NEW	  	2
	7860	  	 EX2000 CONNECTION CABLE; EXCITER PS CBL (
	  	NEW	  	1
	7863	  	 EX2000 CONNECTION CABLE; JKK CABLE EX2000J/L
	  	NEW	  	1
	7864	  	 EX2000 CONNECTION CABLE; DE-EX CABLE; GE DWG
	  	NEW	  	2
	7865	  	 EX2000 CONNECTION CABLE; RPL CABLE; GE DWG#
	  	NEW	  	2
	7866	  	 EX2000 CONNECTION CABLE; ARC-PL CABLE ‘D’;
G
	  	NEW	  	1
	7867	  	 EX2000 CONNECTION CABLE; 8PL CABLE W/NTBA; G
	  	NEW	  	1
	7868	  	 EX2000 CONNECTION CABLE; 5PL CABLE “DC_GX”;
	  	NEW	  	1
	7869	  	 EX2000 CONNECTION CABLE; 6PL CABLE “DC_DX”;
	  	NEW	  	1
	7870	  	 EX2000 CONNECTION CABLE; 4PL CABLE ASSEMBLY;
	  	NEW	  	1
	7871	  	 EX2000 CONNECTION CABLE; 1PL CABLE; GE DWG#
	  	NEW	  	1
	7874	  	 SWAGELOK JOINT, GASOIL PIPE HOSE, CH VALVES
	  	NEW	  	12
	7875	  	 ISOPUR PURIFIER PRE-FILTER
	  	NEW	  	12
	7876	  	 ISOPUR PURIFIER FILTER
	  	NEW	  	12
	7988	  	 SEALING COMPOUND; GE DWG# 164A7383P0009
	  	NEW	  	25
	8015	  	 VANE, STATOR STG 11 403CB
	  	NEW	  	1
	8016	  	 VANE, STATOR STG 15 403CB
	  	NEW	  	1
	8017	  	 VANE, STATOR STG 9 403CB
	  	NEW	  	1
	8028	  	 EPOXY PAINT FOR GENERATOR WINDING COILS
	  	NEW	  	2
	8030	  	 COMPOUND, EPOXY THIXOTROP
	  	NEW	  	9
	8031	  	 FLEX THERMOSET COMPOUND
	  	NEW	  	1

  
 50 

 ANNEX II 

STAFF 
 In compliance with the
provisions of the Confidentiality Agreement, Central Puerto has disclosed the information described below to YPF EE, comprising all the information about the transferred Staff. 

  
 51 

 Autonomous City of Buenos Aires, October 23, 2017 

On the date hereof, Central Puerto S.A., represented for the purposes hereof by Javier Alejandro Torre, Human Resources Manager and María Florencia
Bruno, Head of Remunerations, delivers the following documentation regarding the staff assigned to Central La Plata Cogeneración owned by Central Puerto S.A. (CPSA) to Exequiel Gonzalez, Human Resources Manager of the Gas and Energy Division
of YPF S.A. 
 The above mentioned documentation is strictly CONFIDENTIAL and covered by the Confidentiality Agreement executed between Central Puerto S.A.
and YPF Energía Eléctrica S.A. on October 18 of this year. 
 Documents delivered: 

1. Full payroll, including monthly salaries and other components of the regular and habitual remuneration of all the employees assigned to Central La Plata
Cogeneración. 
 2. Description of non-monthly payments received by each employee in compliance with the
applicable Collective Bargaining Agreement, custom and usage, or the policies of Central Puerto S.A. 
 3. Collective Bargaining Agreements entered into
with Luz y Fuerza and Asociación Personal Superior de Empresas de Energía (APSEE) applicable to the staff assigned to Central La Plata Cogeneración, including: 

 

	 	•	 	Subsequent letters of agreement 

  

	 	•	 	Collective agreements in force 

  

	 	•	 	Performance Assessment Form 

  

	 	•	 	Notice of Meeting for the appointment of Luz y Fuerza Union Representatives to be held on 10/20/2017 in the offices of the Under-Secretariat in La Plata 

 

	
	
	/S/ Javier Torre
	Human Resources Manager
	
	/S/ María Florencia Bruno
	Head of Remunerations

 Received by: 
 Full name:
Ezequiel Gonzalez 
 Title: HR Manager 
 Company: YPF SA 

Date: 10/23/2017 
 /S/ Ezequiel Gonzalez 

  
 52 

 ANNEX III 

List of Contracts proposed to be Transferred. 
  

	a)	Maintenance Contract entered into with General Electric International Inc. (GE). Addendum and Extension of Term of the Offer to execute and Agreement for the Supply of Parts and Maintenance Services dated April 30,
1997 made by GE to La Plata Cogeneración S.A. executed on September 20, 2010. 

  

	b)	Natural gas distribution contract entered into on March 18, 1996 between CAMUZZI GAS PAMPEANA S.A. and Empresa de Energía y Vapor S.A. – CMS Ensenada S.A. (U.T.E.). 

 

	c)	Gas Transportation Contract entered into with Transportadora de Gas del Sur S.A. (TGS) pursuant to an Offer Letter sent to TGS executed by CMS Ensenada dated July 21, 1997. 

  
 53 

 ANNEX IV 

PROPOSED PRICE 
  

					
	 DESCRIPTION
	  	PRICE	 
	 Facilities
	  	 	142,965	 
	 Machinery and equipment
	  	 	30,081,091	 
	 Furniture, utensils and installations
	  	 	93,758	 
	 Computers
	  	 	158,030	 
	 Materials and spare parts (consumables)
	  	 	475,395	 
	 Materials and spare parts (capital goods)
	  	 	526,413	 
	 Motor vehicles
	  	 	10,095	 
	 Tools
	  	 	12,253	 
		  	  
	  
	 
		  	 	31,500,000.00	 
		  	  
	  
	 

  
 54 

 ANNEX V 

FORM OF OFFER TO EXECUTE THE CERTIFICATE OF TERMINATION OF THE LPC CONTRACT 

Buenos Aires,                     
[*], 201     
 To 
 YPF S.A. 

515 Macacha Güemes St. 
 Autonomous City of Buenos Aires 

Re.: Offer Letter No. [    ]/2017 

Central Puerto S.A., a company organized under the laws of the Republic of Argentina, with main office at 2701 Tomas Edison Ave.,
Autonomous City of Buenos Aires (hereinafter, “Central Puerto” or “Seller”), hereby issues this irrevocable offer to YPF S.A., a company organized under the laws of the Republic of Argentina, with main office
at 515 Macacha Güemes St., Autonomous City of Buenos Aires (“YPF S.A.” and, collectively with Central Puerto, the “Parties”), for the execution of a certificate of termination of the contract for the supply of
electric power and steam (the “Offer”), in accordance with the following terms and conditions: 
 WHEREAS: 

 

	a)	On August 16, 1995, Y.P.F. S.A. and Empresa de Energía y Vapor S.A. – CMS Ensenada S.A. (U.T.E.), later called La Plata Cogeneración S.A. and currently called Central Puerto, executed a Contract
for the Supply of Electric Power and Steam, initially effective up to October 31, 2017 (hereinafter the “LPC Contract”), from Central Puerto’s plant “Central La Plata Cogeneración” (hereinafter
“Central LPC”), located on a fraction of land in the premises of Y.P.F. S.A.’s Refinery “Refinería La Plata”, assigned as a gratuitous tenancy by Y.P.F. S.A. to Central Puerto. 

 

	b)	The Parties extended the effective term of the LPC Contract up to March 31, 2018. 

  

	c)	As agreed between the Parties and YPF EE under the Master Agreement dated August 9, 2017, Central Puerto sent to YPF EE an “Offer to Execute an Agreement for the Transfer of the Steam and Electric Power
Cogeneration Plant”, which was accepted by YPF EE on the same date, with the consent of YPF S.A. (hereinafter the “Transfer Agreement”). 

  

	d)	Section 5 of the Transfer Agreement provides for the execution of an offer to execute a “Certificate of Termination of the LPC Contract”, substantially in the form of Annex V of said agreement.

  

	e)	It is established that the above mentioned offer to execute “Certificate of Termination of the LPC Contract” should be executed two business days after full satisfaction of all the conditions for the Closing
described in Section 4 of the Transfer Agreement; 

  
 55 

	f)	Considering that all the conditions for the Closing described in Section 4 of the Transfer Agreement have been satisfied, Central Puerto hereby issues this offer to execute a “Certificate of Termination of the
LPC Contract” (hereinafter the “Certificate”) in accordance with the following terms and conditions: 

 ONE: 

1.1. Considering that all the conditions for the Closing described in Section 4 of the Transfer Agreement have been satisfied, YPF S.A. and Central Puerto
state for the record that the LPC Contract is hereby terminated by mutual agreement, effective as of the date hereof. 
 1.2. YPF S.A. expressly and
irrevocably represents that it has no claim whatsoever against Central Puerto with respect to the contractual relationship arising from the LPC Contract, and that it has no claim whatsoever against Central Puerto with respect to any payments, debts,
environmental liabilities, works, improvements, changes, repairs and/or modifications relating to the LPC Contract; consequently, as agreed, the LPC Contract is hereby terminated with no indemnification, compensation or reimbursement required from
Central Puerto to YPF S.A. 
 With respect to environmental liabilities, the Parties agree that Central Puerto shall be liable for any third party claim
arising from gas emissions into the atmosphere originating in Central LPC during the effective term of the LPC Contract. 
 1.3. Central Puerto expressly
and irrevocably represents that – other than the indemnity obligation referred to in Section Two below—it has no claim whatsoever against YPF S.A. with respect to the contractual relationship arising from the LPC Contract, and that it has
no claim whatsoever against YPF S.A. with respect to any payments, debts, environmental liabilities, works, improvements, changes, repairs and/or modifications relating to the LPC Contract; consequently, as agreed, the LPC Contract is hereby
terminated with no indemnification, compensation or reimbursement required from YPF S.A. to Central Puerto. 
 TWO: 

Pursuant to the foregoing, the Parties hereby establish that: 
  

	(i)	Central Puerto hereby returns to YPF S.A. the premises assigned as a gratuitous tenancy under the LPC Contract (the “Premises”) and YPF S.A. accepts and receives the same and represents that it has no
claim whatsoever against Central Puerto in connection with the Premises. 

  

	(ii)	As a consequence, the gratuitous tenancy agreement between YPF S.A. and Central Puerto is hereby terminated. 

  

	(iii)	All the securities granted by Central Puerto to YPF S.A. as provided for in the LPC Contract are hereby terminated. 

  

	(iv)	YPF S.A. agrees to hold CPSA harmless from any and all claims arising from environmental liabilities and obligations relating to the soil and/or subsoil of the Premises. 

  
 56 

 THREE: 
 YPF
S.A. shall abstain from filing any action or exercising any remedy it may have against Central Puerto with respect to the maintenance tasks carried out during fiscal year 2015/2016 and any eventual fine under the Delivery or Pay clause of the LPC
Contract. 
 FOUR: 
 The Parties state for the record
that the following documents are attached hereto: a) a report executed by YPF S.A. containing a description of the costs of the gas supplied by YPF S.A. but not yet invoiced up to the Closing Date under the LPC Contract, and b) a report containing a
description of the electric power and steam dispatched but not yet invoiced by Central Puerto up to the Closing Date. 
 This Offer shall be effective for a
term of three (3) business days (beginning on the date of receipt hereof) and shall be considered accepted by YPF S.A. upon delivery by YPF S.A. to Central Puerto of an acceptance letter within the above mentioned term. No other event or act
shall be required to consider this Offer accepted. 
 Sincerely, 
  

			
	xxx	  	xxx
	Attorneys
	CENTRAL PUERTO S.A.

  
 57 

 ANNEX VI 

INSURANCE POLICIES 

  
 58 

 ANNEX VII 

PERMITS 
 List of all Permits in force.
(section 6.3.1). 
  

	•	 	Environmental Certificate – Provincial Sustainable Development Agency [Organismo Provincial para el Desarrollo Sostenible or OPDS] of Buenos Aires. 

Issued to La Plata Cogeneración. The change of Company Name was recently approved by the OPDS, applications have been filed to change the name of
the company in the certificates. With respect to the Secretariat, an application has been filed but no answer has been received yet. 

ENVIRONMENTAL CERTIFICATE [Certificado de Aptitud Ambiental or CAA] 

La Plata, August 19, 2016 
 ENVIRONMENTAL
CERTIFICATE issued pursuant to the provisions of Law No. 11,459 as regulated by Decree No. 1,741/96 and in accordance with Resolution No. 2529 of the Executive Board of the Provincial Sustainable Development Agency to LA PLATA
COGENERACIÓN S.A. with respect to its industrial facilities classified in the 3rd Category, located at 777 Baradero St., Ensenada, Municipality of Ensenada, engaged in the activities of
thermoelectric power plants. 
 This Certificate is only valid if accompanied with the Resolution granting the same. 

Registration No. 5479 
 File No. 4033-19325/94 

Expiration date: August 19, 2018 
 /S/ RICARDO EDUARDO
PAGOLA – Executive Director—Provincial Sustainable Development Agency 
 PROVINCE OF BUENOS AIRES 

 

	 	•	 	Registration with respect to air emissions – OPDS 

 An application has been filed to change the
company name from LPC SA to Central Puerto SA 
  

	 	•	 	Registration with respect to Special Waste – OPDS 

  
 59 

 Provincial Sustainable Development Agency 

ORIGINAL 
 Payment 462627 

Issue Date 03/10/2017 
 Law No. 11,720 

F 806/A 
 Special Waste 

Decree No. 806/97 
 OPDS Reception Desk Bar Code
No. 219179 
 Name: LA PLATA COGENERACIÓN S.A. 

Domicile: 777 BARADERO St., Floor __ Apartment __ 
 City ENSENADA

 Phone No. 0221 – 4334200 
 Tax PIN [CUIT] 30-67733248/0 
  

																			
	 Code
	  	 Description
	  	 Series
	  	 From
	  	 To
	  	 Amount
	  	 Unit Price
	 	  	 Subtotal
	 
	 —
	  	Final Payment	  		  		  		  	1	  	 	6,768.1500	 	  	 	6,768.1500	 
	 Amount received as follows:
	  	 	TOTAL	 	  	 	6,768.15	 

 an amount of four pesos an amount of six thousand seven hundred and sixty four Pesos with
fifteen cents paid by check No. 0903018022, Bank TRANF 
 For the following periods: 

Stamp: Provincial Sustainable Development Agency – TREASURY – PAID 

Treasury, La Plata 03/10/2017 
 [signature] OPDS Authorized
Signatory 
 Payment details received and accepted [signature] Authorized Signatory 

  
 60 

 OPDS 

Provincial Sustainable Development Agency 
 [Bar code 0000219179]

 Account No. 50955/2 
 Payment 

Issue Date 02/24/2017 
 FILING No. 385669 – RENEWAL OF
REGISTRATION AS SPECIAL INDUSTRIAL WASTE PRODUCER – WASTE PRODUCTION PERIOD – 2016 RATE: 2017 
 Name: LA PLATA COGENERACIÓN S.A. 

Domicile: 777 BARADERO St. 
 City ENSENADA 

Tax PIN [CUIT] 30-67733248/0 
  

															
	 Code
	  	 Description
	  	 Amount
	 	  	 Unit Price
	 	  	 Subtotal
	 
	 —
	  	Final Payment	  	 	1	 	  	Ar$	6,768.15	 	  	Ar$	6,768.15	 
	 TOTAL
	  
	  	Ar$	6,768.15	 

 /s/ CAPATO NORA 

/s/ Eng. GUSTAVO A. AGŰERO – Attorney 

For the Bank 
 OPDS 

Provincial Sustainable Development Agency 
 Name: LA PLATA
COGENERACIÓN S.A. 
 Tax PIN [CUIT] 30-67733248/0 

Domicile: 777 BARADERO St. 
 Due Date: 03/27/2017 

Amount: Ar$ 6,768.15 
 Account No. 50955/2 

[Bar code 4481100002191793067733248008517000067815000000001] 

  
 61 

 OPDS 

Provincial Sustainable Development Agency 
 [Bar code 9956385669]

 APPLICATION 
 Renewal of
Special Permit Certificate 
 LAW No. 11,720 Decree No. 806/97 

ANNEX I 
 To the Secretary 

In my capacity as ATTORNEY for LA PLATA COGENERACIÓN S.A., LA PLATA COGENERACIÓN Power Plant, with main office at 777 BARADERO St., ENSENADA,
Municipality of ENSENADA, I hereby request the renewal of the Special Permit Certificate for period 2016. 
 In such regard, please find attached the
“Single Renewal Form – Summary of Operations”, a copy of the “Special Waste Operations Record” and a copy of the contingencies and monitoring record. 

The fixed rate plus a variable rate are calculated as follows: 

TAG 11720 = (T0 x NCA) + ([(Ln SCGFP)5 x UR x AT] 
 (70 x 3) + [
(Ln26357 )5 x 1 x 0.05] = 6768,15 
 With respect to the Sworn Statement for the Preceding Period, the
changes made are described in the documents attached hereto. No other modification has been made with respect to the sworn statement filed last year. 

Consequently, [crossed out information] AGÜERO GUSTAVO, ID No. 10,066,608, in my capacity of ATTORNEY for LA PLATA COGENERACIÓN S.A. and
CAPATO NORA SANDRA, in her capacity as technical officer of the company, hereby represent under oath that the information contained herein is correct and that the same is disclosed in the form of a Sworn Statement. 

February 24, 2017 
 Page 1 of 1 

/S/ CAPATO NORA 
 Signature of Technical Officer – OPDS Reg.
No. 2448 
 /S/ Eng. GUSTAVO A. AGÜERO – Attorney 

Signature 

  
 62 

	 	•	 	Registration with respect to ordinary Industrial Waste – OPDS 

 N/A. Received by the refinery

  

	 	•	 	Registration with respect to Containers subject to Pressure – OPDS 

 La Plata,
March 30, 2017 
 PROVINCIAL SUSTAINABLE DEVELOPMENT AGENCY 

Area: Devices Subject to Pressure 
 Re.: File
No. 2145-3714/2005 
 Dear Sirs, 
 Please find attached the
technical documents required with respect to the Annual Regular Inspection of seventeen (17) no-fire Devices Subject to Pressure owned by LA PLATA COGENERACIÓN S.A. with main office at 777 Baradero
St., Ensenada, Municipality of Ensenada, in accordance with the provisions of Resolution No. 231/96, as amended by Resolution No. 1126/07, Decree No. 1,741/96, Law No. 11,459. 

The Company By-Laws and the Power of Attorney granted to the person executing the Sworn Statement were filed with the
Provincial Sustainable Development Agency on April 23, 2008 under the file referred to above. 
 The attached documents include: 

 

	 	✓	Approval to Engineering Agreement No. 103249 

  

	 	✓	Inspection Reports 

  

	 	✓	Verification Certificates and Permits No. 4731/1, 4732/1, 4733/1, 4734/1, 4735/1, 4736/1, 4737/1, 4738/1, 4739/1, 4740/1, 4741/1, 4742/1, 4743/1, 4744/1, 4745/1, 4746/1 and 4747/1. 

 

	 	✓	Copy of inspection schedule 

  

	 	✓	Copy of receipt of payment of fee in accordance with Provision No. 4/99 

  

	 	✓	Copy of receipt of payment of Inspection Certificates 

  

	 	✓	Devices Subject to Pressure – Form “F” 

  

	 	✓	Payment of stamp tax for Ar$ 39. 

 Sincerely, 

/S/ MARIO ADOLFO BERTINO – Mechanical Engineer – Labor Engineer – Registered with the Association of Engineers – Law No. 10416
No. 43729 
 [illegible stamp] March 30, 2017 

  
 63 

 Provincial Sustainable Development Agency 

ORIGINAL 
 Payment 466917 

Issue Date 03/30/2017 
 Fee 

Expenses on Account of Third Parties 
 Gobernación
I.P.M.A—Provincial Department of Environmental Sanitation and Control [Dirección Provincial de Saneamiento y Control del Medio] 

Decree No. 4677/97 
 OPDS Reception Desk Bar Code
No. 220991 
 Name: LA PLATA COGENERACIÓN S.A. 

Domicile: 777 BARADERO St., Floor      Apartment      

City ENSENADA 
 Phone No. 0221 – 4334200 

Tax PIN [CUIT] 30-67733248/0 
  

																											
	 Code
	  	 Description
	  	Series	 	  	From	 	  	To	 	  	Amount	 	  	Unit Price	 	  	Subtotal	 
	 Sec. 7
	  	Administrative expenses (Section 7)	  				  				  				  	 	1	 	  	 	10.0000	 	  	 	10.0000	 
	 1.9.1
	  	Ren. Tank from 1 to 500	  				  				  				  	 	8	 	  	 	117.0000	 	  	 	936.0000	 
	 1.9.2
	  	Ren. Tank from 500 to 1000000	  				  				  				  	 	45952	 	  	 	0.3200	 	  	 	15,024.6400	 
		  		  				  				  				  				  	  
	  
	 	  	  
	  
	 
	 Amount received as follows:
	  
	  	 	TOTAL	 	  	 	15,970.64	 
		  		  				  				  				  				  	  
	  
	 	  	  
	  
	 
	 an amount of eight pesos an amount of fifteen thousand nine hundred and sixty two
Pesos with 64 cents paid by check No. 073703966V0M, Bank TRANSF-CITI
	  

	 For the following periods:
	  

 Stamp: Provincial Sustainable Development Agency – TREASURY – PAID 

Treasury, LA Plata 03/30/2017 
 [signature] OPDS Authorized
Signatory 
 Payment details received and accepted [signature] Authorized Signatory 

  
 64 

	 	•	 	Bi-annual environmental Plan with semiannual Sworn Statements (Environmental WEB) – ENRE 

  
 65 

					
	 2017/2018 BI-ANNUAL ENVIRONMENTAL PLAN
	  	Central Puerto	  	R-PG020-01-C
	 LA PLATA POWER PLANT
	  		  	November 2016

  

																													
	 	  	 ACTIVITIES
	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 	  	 	  	Cumulative
semiannual	  	Cumulative
semiannual	  	2017	  	2018	  	 
	 Item
	  	 NAME
	  	progress (%)	  	progress (%)	  	QUARTER	  	QUARTER	  	 COMMENTS

	 	  	 	  	1/17	  	2/17	  	1/18	  	2/18	  	1	  	2	  	3	  	4	  	1	  	2	  	3	  	4	  	 
	 INTERNAL AND EXTERNAL AUDIT IMS CERTIFICATION

	 1
	  	Management system	  		  		  		  		  		  		  		  		  		  		  		  		  	Integrated Management System
	  	ISO 14001:2004 (EMS) Recertification / Maintenance Audit	  		  		  		  		  		  		  		  		  		  		  		  		  	EMS Audit
	  	ISO 9001:2008 (QMS) Recertification / Maintenance Audit	  		  		  		  		  		  		  		  		  		  		  		  		  	QMS Audit
	  	ISO 9001:2008 (SGCY 14001:2004 (IMS) Maintenance Internal Audit	  		  		  		  		  		  		  		  		  		  		  		  		  	IMS Audit
	 SOLID WASTE MANAGEMENT PROGRAM

	 2
	  	Hydrocarbon Waste Management	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
	  	Transportation and treatment of contaminated solid and liquid waste	  		  		  		  		  		  		  		  		  		  		  		  		  	Treatment and final disposal
	 3
	  	Management of office waste	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
	  	Toner, cartridges, etc	  		  		  		  		  		  		  		  		  		  		  		  		  	Landfill disposal
	 4
	  	Lighting and waste batteries management	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
	  	Lamps, tubes, batteries	  		  		  		  		  		  		  		  		  		  		  		  		  	Landfill disposal
	 5
	  	Donations	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
	  	Paper, soda cans, PET, etc.	  		  		  		  		  		  		  		  		  		  		  		  		  	Donations to Primary Schools
	 GAS EMISSIONS PROGRAM

	 6
	  	Air emissions	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing risks to people and the environment
	  	Control of stack emissions	  		  		  		  		  		  		  		  		  		  		  		  		  	Control of stack emissions
	  	Physical-chemical analysis of fuel used	  		  		  		  		  		  		  		  		  		  		  		  		  	Liquid fuel
	  	Steam for NOx control	  		  		  		  		  		  		  		  		  		  		  		  		  	Operational control
	 LIQUID EFFLUENTS PROGRAM

	 7
	  	Control of Phreatic Level Water	  		  		  		  		  		  		  		  		  		  		  		  		  	Control of phreatic layer
	  	Physical-chemical analysis of samples	  		  		  		  		  		  		  		  		  		  		  		  		  	Sampling and analysis
	 8
	  	Control of Effluents sent to refinery	  		  		  		  		  		  		  		  		  		  		  		  		  	Control of effluents
	  	Control of effluents sent to Refinery	  		  		  		  		  		  		  		  		  		  		  		  		  	Analysis of discharges to Refinery
	 MONITORING PROGRAM

	 9
	  	Devices Subject to Pressure	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing risk to people and the environment
	  	Inspections and measurement	  		  		  		  		  		  		  		  		  		  		  		  		  	Walkthrough inspections and thickness
	 10
	  	Grounding	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing risk to people and the environment
	  	Measurement	  		  		  		  		  		  		  		  		  		  		  		  		  	[illegible] measurement
	 ENVIRONMENTAL EMERGENCY PREVENTION PROGRAM

	 11
	  	Emergency Drill Program	  		  		  		  		  		  		  		  		  		  		  		  		  	Minimizing potential risks
	  	Fire drill	  		  		  		  		  		  		  		  		  		  		  		  		  	Fire
	  	Evacuation drill	  		  		  		  		  		  		  		  		  		  		  		  		  	Evacuation
	  	Spill drill	  		  		  		  		  		  		  		  		  		  		  		  		  	Contingencies
	  	Safety, Security, Hygiene and Environmental Committee Meeting	  		  		  		  		  		  		  		  		  		  		  		  		  	Continuous improvement

  
 66 

																													
	 LICENSES AND PERMITS MANAGEMENT

	 12
	  	Licenses, permits, fees	  		  		  		  		  		  		  		  		  		  		  		  		  	Regulatory compliance
		  	Fuel Tanks Safety Audit (SE Res. 404/94) and Registration of Stations (SE Res. 1102/04)	  		  		  		  		  		  		  		  		  		  		  		  		  	Annual
		  	Filing of Sworn Statement on Special Waste with OPDS	  		  		  		  		  		  		  		  		  		  		  		  		  	Annual
		  	Filing of audit reports on Devices Subject to Pressure with OPDS	  		  		  		  		  		  		  		  		  		  		  		  		  	Annual
		  	Filing of semiannual progress report with ENRE	  		  		  		  		  		  		  		  		  		  		  		  		  	Semiannual
		  	Renewal of workers’ Compensation Insurance	  		  		  		  		  		  		  		  		  		  		  		  		  	Annual
	 ENVIRONMENTAL ACCIDENT PREVENTION MANAGEMENT

	 13
	  	Fuel tanks. Protection and control	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing the risk of spill
		  	Predictive and preventive control	  		  		  		  		  		  		  		  		  		  		  		  		  	Operational control. Gasoil and auxiliary tanks
	 14
	  	Improvement in the Quality of Life of Staff	  		  		  		  		  		  		  		  		  		  		  		  		  	Staff improvement controls
		  	Regular medical examinations	  		  		  		  		  		  		  		  		  		  		  		  		  	Annual
		  	Analysis of drinking water	  		  		  		  		  		  		  		  		  		  		  		  		  	Physical-chemical and bacteriological analysis
	 15
	  	Control of Fire Systems	  		  		  		  		  		  		  		  		  		  		  		  		  	Improving preventive facilities
		  	Control of alarm systems, etc	  		  		  		  		  		  		  		  		  		  		  		  		  	According to preventive maintenance program
		  	Fire extinguishers visual check	  		  		  		  		  		  		  		  		  		  		  		  		  	According to preventive maintenance program
		  	Fire hydrants inspection	  		  		  		  		  		  		  		  		  		  		  		  		  	According to preventive maintenance program
	 16
	  	Environmental Awareness Training	  		  		  		  		  		  		  		  		  		  		  		  		  	Environmental knowledge and awareness
		  	Environmental Awareness Training	  		  		  		  		  		  		  		  		  		  		  		  		  	Improved training to staff
	 IMS OBJECTIVES AND TARGETS

	 17
	  	Objectives and Targets	  		  		  		  		  		  		  		  		  		  		  		  		  	Continuous improvement
		  	Attached as an Annex	  		  		  		  		  		  		  		  		  		  		  		  		  	Provided at the beginning of 2017 and 2018

  

			
	PREPARED – REVIEWED BY	 	
		 	
	Domingo Raposo, Head of Operations	 	
		 	
	APPROVED BY	 	
		 	
	Pamela Ulloa, Environmental and IMS Manager	 	

  
 67 

					
	2017/2018 BI-ANNUAL ENVIRONMENTAL PLAN	  	Central Puerto	  	R-PG020-01-C
	LA PLATA POWER PLANT - First semester 2017 progress report	  		  	July 2017

  

																													
	 	  	 ACTIVITIES
	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 	  	 	  	Cumulative
semiannual	  	Cumulative
semiannual	  	2017	  	2018	  	 
	 Item
	  	 NAME
	  	progress (%)	  	progress (%)	  	QUARTER	  	QUARTER	  	 COMMENTS

	 	  	 	  	1/17	  	2/17	  	1/18	  	2/18	  	1	  	2	  	3	  	4	  	1	  	2	  	3	  	4	  	 
	 INTERNAL AND EXTERNAL AUDIT IMS CERTIFICATION

	 1
	  	Management system	  		  		  		  		  		  		  		  		  		  		  		  		  	Integrated Management System
		  	ISO 14001:2004 (EMS) Recertification / Maintenance Audit	  	100	  		  		  		  		  		  		  		  		  		  		  		  	EMS Audit
		  	ISO 9001:2008 (QMS) Recertification / Maintenance Audit	  	100	  		  		  		  		  		  		  		  		  		  		  		  	QMS Audit
		  	ISO 9001:2008 (SGCY 14001:2004 (IMS) Maintenance Internal Audit	  	/	  		  		  		  		  		  		  		  		  		  		  		  	IMS Audit
	 SOLID WASTE MANAGEMENT PROGRAM

	 2
	  	Hydrocarbon Waste Management	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
		  	Transportation and treatment of contaminated solid and liquid waste	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Treatment and final disposal
	 3
	  	Management of office waste	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
		  	Toner, cartridges, etc	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Landfill disposal
	 4
	  	Lighting and waste batteries management	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
		  	Lamps, tubes, batteries	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Landfill disposal
	 5
	  	Donations	  		  		  		  		  		  		  		  		  		  		  		  		  	Waste disposal
		  	Paper, soda cans, PET, etc.	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Donations to Primary Schools
	 GAS EMISSIONS PROGRAM

	 6
	  	Air emissions	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing risks to people and the environment
		  	Control of stack emissions	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Control of stack emissions
		  	Physical-chemical analysis of fuel used	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Liquid fuel
		  	Steam for NOx control	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Operational control
	 LIQUID EFFLUENTS PROGRAM

	 7
	  	Control of Phreatic Level Water	  		  		  		  		  		  		  		  		  		  		  		  		  	Control of phreatic layer
		  	Physical-chemical analysis of samples	  	/	  		  		  		  		  		  		  		  		  		  		  		  	Sampling and analysis
	 8
	  	Control of Effluents sent to refinery	  		  		  		  		  		  		  		  		  		  		  		  		  	Control of effluents
		  	Control of effluents sent to Refinery	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Analysis of discharges to Refinery
	 MONITORING PROGRAM

	 9
	  	Devices Subject to Pressure	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing risk to people and the environment
		  	Inspections and measurement	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Walkthrough inspections and thickness
	 10
	  	Grounding	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing risk to people and the environment
		  	Measurement	  	R	  		  		  		  		  		  		  		  		  		  		  		  	[illegible] measurement
	 ENVIRONMENTAL EMERGENCY PREVENTION PROGRAM

	 11
	  	Emergency Drill Program	  		  		  		  		  		  		  		  		  		  		  		  		  	Minimizing potential risks
		  	Fire drill	  	/	  		  		  		  		  		  		  		  		  		  		  		  	Fire
		  	Evacuation drill	  	/	  		  		  		  		  		  		  		  		  		  		  		  	Evacuation
		  	Spill drill	  	R	  		  		  		  		  		  		  		  		  		  		  		  	Contingencies
		  	Safety, Security, Hygiene and Environmental Committee Meeting	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Continuous improvement

  
 68 

																													
	 LICENSES AND PERMITS MANAGEMENT

	 12
	  	Licenses, permits, fees	  		  		  		  		  		  		  		  		  		  		  		  		  	Regulatory compliance
		  	Fuel Tanks Safety Audit (SE Res. 404/94) and Registration of Stations (SE Res. 1102/04)	  	/	  		  		  		  		  		  		  		  		  		  		  		  	Annual
		  	Filing of Sworn Statement on Special Waste with OPDS	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Annual
		  	Filing of semiannual progress report with ENRE	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Semiannual
		  	Renewal of workers’ Compensation Insurance	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Annual
	 ENVIRONMENTAL ACCIDENT PREVENTION MANAGEMENT

	 13
	  	Fuel tanks. Protection and control	  		  		  		  		  		  		  		  		  		  		  		  		  	Reducing the risk of spill
		  	Predictive and preventive control	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Operational control. Gasoil and auxiliary tanks
	 14
	  	Improvement in the Quality of Life of Staff	  		  		  		  		  		  		  		  		  		  		  		  		  	Staff improvement controls
		  	Regular medical examinations	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Annual
		  	Analysis of drinking water	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Physical-chemical and bacteriological analysis
	 15
	  	Control of Fire Systems	  		  		  		  		  		  		  		  		  		  		  		  		  	Improving preventive facilities
		  	Control of alarm systems, etc	  	100	  		  		  		  		  		  		  		  		  		  		  		  	According to preventive maintenance program
		  	Fire extinguishers visual check	  	100	  		  		  		  		  		  		  		  		  		  		  		  	According to preventive maintenance program
		  	Fire hydrants inspection	  	100	  		  		  		  		  		  		  		  		  		  		  		  	According to preventive maintenance program
	 16
	  	Environmental Awareness Training	  		  		  		  		  		  		  		  		  		  		  		  		  	Environmental knowledge and awareness
		  	Environmental Awareness Training	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Improved training to staff
	 IMS OBJECTIVES AND TARGETS

	 17
	  	Objectives and Targets	  		  		  		  		  		  		  		  		  		  		  		  		  	Continuous improvement
		  	Attached as an Annex	  	100	  		  		  		  		  		  		  		  		  		  		  		  	Provided at the beginning of 2017 and 2018

  

			
	PREPARED – REVIEWED BY	 	
		 	
	Domingo Raposo, Head of Operations	 	
		 	
	APPROVED BY	 	
		 	
	Pamela Ulloa, Environmental and IMS Manager	 	

  
 69 

	 	•	 	ISO 14001:2004 Certification – ENRE 

 Certification 

Applicable standard ISO 14001:2004 
 Certification No. 01
10406 1629671 
 Issued to: Central Puerto S.A. – Planta La Plata Cogeneración 

777 Baradero St. 
 1925 Ensenada 

Buenos Aires 
 Argentina 

sites according to Annex 
 Scope: Cogeneration of electric power
and steam. 
 Effective term: This certification shall be effective from 07/13/2016 to 09/14/2018 

First certification audit 2015 
 [signature] TUV Rheinland
Argentina S.A. 
 83 San José St., floor 7 – Autonomous City of Buenos Aires 

[logotypes] 
 Annex to Certification 

Applicable Standard ISO 14001:2004 
 Registration No. 01
10406 1629671 
  

					
	#	  	Site	  	Applicability
	/01	  	 Central Puerto S.A. – Planta La Plata Cogeneración

777 Baradero St.
 1925 Ensenada

Buenos Aires
 Argentina
	  	Cogeneration of electric power and steam
			
	/02	  	 Central Puerto S.A. – Main Office
 2701
Thomas Edison Ave.
 C1104BAB Autonomous City of Buenos Aires

Argentina
	  	Cogeneration of electric power and steam

 07/15/2016 

  
 70 

 [signature] TUV Rheinland Argentina S.A. 

83 San José St., floor 7 – Autonomous City of Buenos Aires 

Page 1 of 1 
 [logotypes] 

 

	 	•	 	Liquid Fuel Technical, Safety and Security and Environmental License 

 On INGE Consultores S.A.
InCo’s stationery 
 Stamps: File 2017-17277333 [illegible] 

[illegible] AUGUST 16, 2017 
 Buenos Aires,
August 15, 2017 
 Ministry of Energy and Mining 

Under-Secretariat of Refining and Marketing 
 171 Paseo
Colón Ave. 
 Attention: Eng. Pablo Ricardo Popik 

Please find attached, for registration, the SAFETY AND SECURITY AUDITS AND/OR TIGHTNESS TESTS reports, which audits and/or tests have been conducted in
accordance with the applicable regulations in force, Resolution 404/94, S.E. Resolution 1102/04 and Decree 2407/83. 
 TKA096/17, La Plata
Cogeneración S.A. (File-S01:0087307/2009 Above-ground tanks x 666 m3 
 Sincerely, 

/S/ 
 Juan Manuel Pollini 

Inge Consultores S.A. InCo 

  
 71 

 [illegible] A CMS Energy Company 

Regional Office 
 900 E. Madero Ave., floor 8 

C1001AFB – Federal Capital City 
 Phone: [illegible Fax
[illegible] 
 Email [illegible] 
 Ensenada Plant 

Phone [illegible] Ext 222 
 Fax [illegible] 

Email [illegible] 
 Stamp: NATIONAL REFINING AND MARKETING
DIVISION – SEPTEMBER 14, 2005 – RECEIVED ON THE DATE INDICATED ABOVE 
 Ensenada, September 9, 2005 

GP-1175 

Under-Secretariat of Fuels 
 National Refining and Marketing
Division 
 171 Paseo Colon Ave., floor 6, Office 616 

Attention: Eng. Vicente Serra 
 Dear Mr. Serra, 

Please find attached Form A1 under SE Resolution 785/2005 for CMS-Ensenada S.A. 

Pages 1 and 2 have been completed with information on the facilities and the tank placed in our electric power cogeneration plant located on the premises of Repsol-YPF’s Refinery, “Refinería La Plata”, in Ensenada, Province of Buenos Aires. 
 Sincerely,

 /S/ Eng. Gustavo A. Agüero – Plant Manager CMS ENSENADA S.A. 

Attachment: Form A1 under SE Resolution 785/2005 
 CMS Ensenada
S.A. is an ISO 9001 and ISO 14001 certified company. 

  
 72 

					
	
ABOVE-GROUND HYDROCARBON STORAGE TANKS TECHNICAL INSPECTION FORM

A2
	  	 Page
1 of 12
  

	
HSE

HEALTH SAFETY   ENVIRONMENT  
	  	 RESOLUTION No. 785
OF THE SECRETARIAT OF ENERGY

ABOVE-GROUND STORAGE SYSTEMS FOR HYDROCARBONS AND

HYDROCARBON PRODUCTS
	  	 Series: 1

No. 11429

SECRETARIAT OF ENERGY

SERIES 1

	
ABOVE-GROUND HYDROCARBON AND HYDROCARBON PRODUCTS STORAGE TANKS TECHNICAL INSPECTION

FORM

			
	
1. TYPE OF INSPECTION
	  	2. INSPECTION DATE
	 X
In Use
  
 ☐ In Use with Acoustic Emission

 
 ☐ Out of Service

 
 ☐ Other (describe):
                                         
   
  
 ☐ Comments:
                                         
            
  
	  	  

From: 04/20/2013
  

To: 04/22/2013
  

Valid up to: 04/22/2028

	 3.
AGHST OPERATOR
	  	 
	
Company Name: La Plata Cogeneración S.A.
	  	Tax PIN [CUIT] 30677332480

					
	
Main Office: Tomás Edison Ave.

	
City: Autonomous City of Buenos Aires
	  	Province: City of Buenos Aires	  	Zip Code C1104CBA
	
Phone: 4317 5000
	  	Fax: 4317 5000	  	Email: gustavo.aguero@lpcgsa.com.ar
	
3.1 SITE / FACILITIES

	
Name of site / facilities: LPC

	
Address of the Site where the AGHST is located: Baradero

	
City: Ensenada
	  	Province: Buenos Aires	  	Zip Code: 1925
	
Phone: 0221 433 4204
	  	Fax: 0221 422 7410	  	Email: ensenada.operadores@lpcsa.com.ar
	
4. DESCRIPTION OF THE AGHST

	
Registration No. assigned by Manufacturer: 56145
	  	Manufacturer: PITT-DESMONE	  	Total capacity (m3) 586.0000

			
	
ID Code: 845704
	  	Year of manufacture: 1996

					
	
AGHST No. assigned by Operator: 1

			
	
Dimensions: Diameter 14.4000 (m) Height 7.0000 (m)
	  	Stored product: Gasoil

					
	  

Type of Tank:    ☐  Horizontal tank    X  Vertical
tank    ☐  Vertical above-ground tank    ☐  Other
                                        

  

	
5. AUDIT

	
Name / Company Name: HSE S.A.
	  	Tax PIN [CUIT]: 30709762628	  	Registration No. [REACTAAH/REPRO] 124
	
Main office: 1257 Corrientes Ave., floor 2 C

	
City: Autonomous City of Buenos Aires
	  	Province: City of Buenos Aires	  	Zip Code: 1043
	
Phone: 4207 7569
	  	Fax: 4207 7569	  	Email: sindatos@sindatos.com
	
FOR EXCLUSIVE USE OF THE UNDER SECRETARIAT OF FUELS

	  

FILED ON:
  

SIGNATURE AND SEAL OF RESPONSIBLE OFFICER

 

   [Bar code: 011002000011000484001788920412A201305021200002 

  This form is a sworn statement. 

  
 73 

					
	
ABOVE-GROUND HYDROCARBON STORAGE TANKS TECHNICAL INSPECTION FORM

A2
	  	 Page
1 of 7
  

	
HSE

HEALTH

SAFETY   ENVIRONMENT  
	  	 RESOLUTION No. 785 OF THE
SECRETARIAT OF ENERGY

ABOVE-GROUND STORAGE SYSTEMS FOR HYDROCARBONS AND
HYDROCARBON PRODUCTS
	  	 Series: 1

No. 11431

SECRETARIAT OF ENERGY

SERIES 1

	
ABOVE-GROUND HYDROCARBON AND HYDROCARBON PRODUCTS STORAGE TANKS TECHNICAL INSPECTION

FORM

			
	
1. TYPE OF INSPECTION
	  	2. INSPECTION DATE
	 X
In Use
  
 ☐ In Use with Acoustic Emission

 
 ☐ Out of Service

 
 ☐ Other (describe):
                                         
               
  

☐ Comments: ultrasounds measurements were made
  
	  	  

From: 04/23/2013
  

To: 04/24/2013
  

Valid up to: 04/22/2038

	 3.
AGHST OPERATOR
	  	 
	
Company Name: La Plata Cogeneración S.A.
	  	Tax PIN [CUIT] 30677332480

					
	
Main Office: Tomás Edison Ave.

	
City: Autonomous City of Buenos Aires
	  	Province: City of Buenos Aires	  	Zip Code C1104CBA
	
Phone: 4317 5000
	  	Fax: 4317 5000	  	Email: gustavo.aguero@lpcgsa.com.ar
	
3.1 SITE / FACILITIES

	
Name of site / facilities: LPC

	
Address of the Site where the AGHST is located: Baradero

	
City: Ensenada
	  	Province: Buenos Aires	  	Zip Code: 1925
	
Phone: 0221 433 4204
	  	Fax: 0221 422 7410	  	Email: ensenada.operadores@lpcsa.com.ar
	
4. DESCRIPTION OF THE AGHST

	
Registration No. assigned by Manufacturer: T0357
	  	Manufacturer: HIERROTAN SRL	  	Total capacity (m3) 80.0000

			
	
ID Code: 127011
	  	Year of manufacture: 2007

					
	
AGHST No. assigned by Operator: 2

			
	
Dimensions: Diameter 4.0000 (m) Height 7.0000 (m)
	  	Stored product: Gasoil

					
	  

Type of Tank:    ☐  Horizontal tank    X  Vertical
tank    ☐  Vertical above-ground tank    ☐  Other
                                        

  

	
5. AUDIT

	
Name / Company Name: HSE S.A.
	  	Tax PIN [CUIT]: 30709762628	  	Registration No. [REACTAAH/REPRO] 124
	
Main office: 1257 Corrientes Ave., floor 2 C

	
City: Autonomous City of Buenos Aires
	  	Province: City of Buenos Aires	  	Zip Code: 1043
	
Phone: 4207 7569
	  	Fax: 4207 7569	  	Email: sindatos@sindatos.com
	
FOR EXCLUSIVE USE OF THE UNDER SECRETARIAT OF FUELS

	  

FILED ON:
  

SIGNATURE AND SEAL OF RESPONSIBLE OFFICER

 

   [Bar code: 0110020000110004840017889249919A201305021200003] 

  This form is a sworn statement. 

  
 74 

	 	•	 	SE: Registration as WEM Agent, Resolution 158/94. 

 Secretariat of Energy 

ELECTRIC POWER 
 Resolution 158/94 

Empresa de Energía y Vapor Sociedad Anónima (EDEVA S.A.) is authorized to act as WEM agent. 

Buenos Aires, 05/30/94 
 HAVING CONSIDERED File
No. 750,288/94 and File No. 750,289/94 of the register of the SECRETARIAT OF ENERGY of the MINISTRY OF ECONOMY, PUBLIC WORKS AND UTILITIES, and 

WHEREAS: 
 EMPRESA DE ENERGÍA Y VAPOR SOCIEDAD
ANÓNIMA (EDEVA S.A.) has filed an application to be recognized as agent of the WHOLESALE ELECTRICITY MARKET (WEM), in its capacity as CO-GENERATOR and an application for the construction of a line
connecting its Power Plant to the WHOLESALE ELECTRICITY MARKET (WEM), accompanied with the relevant feasibility study, as established under Resolution No. 61 of the former SECRETARIAT OF ELECTRIC POWER dated April 29, 1992, Resolution
No. 137 of the SECRETARIAT OF ENERGY dated November 30, 1992, as amended and Section No. 31 of Law No. 24,065. 
 The filing of said
application has been published in the Official Gazette on April 15, 1994. 
 No objections have been made with respect to the above mentioned
publication. 
 The rules governing the method and form of operation of the transportation line that will be exclusively used by the future Cogeneration
Plant of EMPRESA DE ENERGÍA Y VAPOR SOCIEDAD ANÓNIMA (EDEVA S.A.) should be defined as established in Section 31 of Decree No. 1398 dated August 6, 1992. 

The Secretariat of Energy is authorized to adopt the following resolutions in accordance with Sections 31 and 36 of Law No. 24,065. 

Therefore, 
 THE SECRETARY OF ENERGY HEREBY RESOLVES: 

Section 1. To authorize EMPRESA DE ENERGÍA Y VAPOR SOCIEDAD ANÓNIMA (EDEVA S.A.) to act as agent of the WHOLESALE ELECTRICITY MARKET (WEM),
in its capacity as CO-GENERATOR with respect to its Cogeneration Plant located in Ensenada, Province of Buenos Aires, beginning on June 1, 1994. 

  
 75 

 Section 2. To authorize the construction of a ONE HUNDRED AND TWO KILOWATT (132 Kv) high voltage line which
will be exclusively used to connect the Co-generator’s Plant to the DIQUE substation of EMPRESA DE DISTRIBUCIÓN ELÉCTRICA DE LA PLATA SOCIEDAD ANÓNIMA (EDELAP S.A.), in accordance
with the provisions of Section 31 of Law No. 24,065 and Decree No. 1398 dated August 6, 1992. 
 Section 3. The authorizations
resolved in the preceding sections shall be effective only upon compliance with the conditions established in Sections 4, 5, 6 and 7 below. 

Section 4. EMPRESA DE ENERGÍA Y VAPOR SOCIEDAD ANÓNIMA (EDEVA S.A.) shall give notice to this SECRETARIAT OF ENERGY, NINETY (90) days
in advance, of the date on which its Cogeneration Plant will begin operating, which shall take place before August 1, 1996. 
 Section 5. EMPRESA
DE ENERGÍA Y VAPOR SOCIEDAD ANÓNIMA (EDEVA S.A.) and EMPRESA DISTRIBUIDORA DE ENERGIA DE LA PLATA SOCIEDAD ANÓNIMA (EDELAP S.A.), holder of the public utility concession at the DIQUE Transformation Substation, shall execute a
Connection Agreement substantially in the form of Annex No. 16 of Resolution No. 137 of the SECRETARIAT OF ENERGY dated November 30, 1992, as amended. Said agreement shall contain a description of the methods and form of operation of
the ONE HUNDRED AND TWO KILOWATT (132 Kv) high voltage line that will be built to connect the future Cogeneration Plant and the DIQUE Transformation Substation and its connection field to the Substation. 

Section 6. As a condition precedent to authorize the operation of the facilities, the Agreement referred to in Section 5 above shall be filed with
the SECRETARIAT OF ENERGY to obtain its approval, as established in Section 31 of Law No. 24,065, as Regulated by Decree No. 1398 dated August 6, 1992. 

Section 7. While the above mentioned line will be an exclusive transportation concession, EMPRESA DE ENERGÍA Y VAPOR SOCIEDAD ANÓNIMA shall
abide by the applicable provisions of Resolution No. 137 of the SECRETARIAT OF ENERGY dated November 30, 1992, as amended. Consequently, an application for authorization to ACCESS THE EXISTING TRANSPORTATION CAPACITY should be filed with
ENTE NACIONAL REGULADOR DE LA ELECTRICIDAD (ENRE). 
 Section 8. Give notice, publish, deliver to the National Official Registration Department and
file in the archive. Carlos M. Bastos. 

  
 76 

 ANNEX VIII 

REPORT ON LEGAL ACTIONS 
 1) CENTRAL
PUERTO SA v/ MUNICIPALITY OF ENSENADA for DECLARATION OF UNCONSTITUTIONALITY (Case File No. 20,263/2015). 
 (i) SUMMARY: 

 

	 	•	 	On June 12, 2015, Central Puerto S.A. filed an action against the Municipality of Ensenada seeking the declaration of illegality and arbitrariness of the decision adopted on 05/27/2015 by the municipal Secretary of
Finance whereby Central Puerto was required to pay a “Business and Industrial License Fee” [“Tasa por Habilitación de Comercios e Industrias”] in an amount of Ar$ 911,369.10 arising from the amendment of the
information contained in the municipal license then in force of the cogeneration power plant located on the premises of YPF S.A.’s Refinery “Refinería La Plata”, in Ensenada, Province of Buenos Aires. 

 

	 	•	 	The action is pending in the Federal Civil, Commercial and Contentious-Administrative Court N° 4 of La Plata, Clerk Office No. 11. 

(ii) DEVELOPMENT OF THE PROCEEDINGS: 
  

	 	•	 	On February 20, 2017, the Court passed judgment dismissing the action for declaration of unconstitutionality filed by CPSA, with costs to CPSA. 

 

	 	•	 	On March 1, 2017, CPSA appealed the judgment dated 02/20/2017. The appeal was accepted on March 3, 2017. 

  

	 	•	 	On March 14, 2017, CPSA filed an appellate brief against the judgment dated 02/20/2017, requesting the reversal of the judgement in full and that the action seeking a declarative judgment be sustained, with costs
to the Municipality. 

  

	 	•	 	The appeal has been pending in the Federal Court of Appeals of La Plata since April 11, 2017. 

 (iii)
AMOUNT OF THE CLAIM 
 The amount of the claim is Ar$ 911,369.10, plus interests. 

(iv) PROBABILITY OF SUCCESS 
 According to our counsel,
given the first instance judgment dismissing the action filed by CPSA, the probability of success is low. 

  
 77 

 2) DETERMINATION OF UNPAID EMPLOYER SOCIAL SECURITY CONTRIBUTIONS (Inspection and Noncompliance Reports
No. 797383301 issued under Order No. 797,383, notified on 11/15/2012). 
 (i) SUMMARY 

 

	 	•	 	The Federal Tax Authority [AFIP] claims payment of unpaid employer social security contributions in a principal amount of Ar$ 666,848.81, plus interests in an amount of Ar$ 390,164.95, for the period January 2009 to
July 2012, both included, and a fine of Ar$ 67,078.43 under Section 14 of GR (AFIP) 1566 (as restated in 2004, as amended) and a fine of Ar$ 247,351.13 under Section 16 of GR (AFIP) 1566 (as restated in 2010, as amended).

  

	 	•	 	According to the Tax Authority, the Company’s application of Section 2 of Decree 814/2001 was incorrect; it should have calculated its social security contributions at a rate of 21% instead of 17%.

  

	 	•	 	According to the above mentioned Decree, employers whose main activity is the provision of services (to the extent not included in the specific exceptions established therein and whose annual turnover exceeds a certain
amount) must apply a 21% rate. All other employers must apply a 17% rate (as did the Company during the above mentioned period). 

 (ii)
DEVELOPMENT OF THE PROCEEDINGS: 
  

	 	•	 	The Company objected to the debt, indicating that, considering its activity (production of steam for YPF’s refinery located in Ensenada, Province of Buenos Aires, and production of electric power supplied mainly to
YPF and any remaining power to the Wholesale Electricity Market), it should not be considered a “service provider” under the above mentioned regulation. In its writing, the Company described its activities as well as regulatory and court
precedents (including in social security matters) based on which it affirms that the 17% rate should apply. 

  

	 	•	 	The administrative proceeding in the AFIP concluded with the passing of Resolution No. 103/2014 (DI CRSS), affirming the amount of the debt. As a result, on 04/08/2014 the Company lodged an appeal under
Section 39 bis of Decree-Law 1285/58, seeking that the case be heard by the Federal Court of Appeals in Social Security Matters No. 61, substituting the deposit of the amount of the debt
previously made with a bond insurance policy in an amount of Ar$ 1,680,194.35 (the amount of the debt plus interests and fines). 

  

	 	•	 	On February 20, 2017, judgment was passed overriding Resolution 103/2014 (DI CRSS) and ordering the issuance of a new resolution upon production of the required evidence. 

  
 78 

 (iii) AMOUNT OF THE CLAIM: 

The amount of the claim is Ar$ 666,848.81 as principal, plus interests in an amount of Ar$ 390,164.95 and fines for Ar$ 67,078.43 and Ar$ 247,351.13. 

(iv) PROBABILITY OF SUCCESS 
 Considering the reasons for
the decision of the Court of Appeals described in the judgement, in the opinion of our counsel, the Company’s objection to the claim is correct; consequently, the possibility that a court judgment favorable to the AFIP could be passed is
remote. 

  
 79 

 ANNEX IX 

FORM OF OFFER TO EXECUTE A CERTIFICATE OF TRANSFER 

Buenos Aires, [*] [*], 201[*]     

To 
 YPF Energía Eléctrica S.A. 

515 Macacha Güemes St. 
 Autonomous City of Buenos Aires 

Re.: Offer Letter No. [___]/2017 

Central Puerto S.A., a company organized under the laws of the Republic of Argentina, with main office at 2701 Tomás Edison
Ave., Autonomous City of Buenos Aires (hereinafter, “Central Puerto” or “Seller”), hereby submits to YPF Energía Eléctrica S.A., a company organized under the laws of the Republic of Argentina,
with main office at 515 Macacha Güemes St., Autonomous City of Buenos Aires (“YPF EE” or “Purchaser” and, collectively with Central Puerto, the “Parties”) an irrevocable offer to execute a
certificate of transfer of assets (the “Offer”), subject to the following terms and conditions: 
 All capitalized terms not defined herein
shall have the meaning established in the “Offer to Execute an Agreement for the Transfer of an Electric Power and Steam Cogeneration Plant” dated [    ] [    ], 2017 made by Central Puerto and
accepted by YPF EE on [    ] [    ], 2017. 
 WHEREAS: 

 

	a)	On December 15, 2017, Central Puerto sent an “Offer to Execute an Agreement for the Transfer of an Electric Power and Steam Cogeneration Plant” to YPF EE which was accepted by YPF EE on
[    ] [    ], 2017 (hereinafter, the “Transfer Agreement”). 

  

	b)	Pursuant to Section 5 of the Transfer Agreement, the Parties agreed to execute an offer to execute a “Certificate of Transfer”, substantially in the form of Annex IX of said agreement. 

 

	c)	It was established that the above mentioned offer to execute a “Certificate of Transfer” should be executed two business days after full satisfaction of all the conditions for the Closing described in
Section 4 of the Transfer Agreement; 

  

	d)	Considering that all the conditions for the Closing described in Section 4 of the Transfer Agreement have been satisfied, Central Puerto hereby issues this offer to execute a “Certificate of Transfer” in
accordance with the following terms and conditions: 

  
 80 

 ONE: 

Considering that all the conditions for the Closing described in Section 4 of the Transfer Agreement have been satisfied, Central Puerto hereby transfers
to YPF EE and YPF EE hereby accepts and receives the Generation Assets, except for those expressly described in the Certificate of Generation Assets prepared by the representatives of both Parties in accordance with the provisions of
Section 11.12 of the Transfer Agreement and attached hereto as Annex. 
 TWO: 

In accordance with the provisions of Section 9 of the Transfer Agreement, the Parties represent that the facilities are hereby transferred, including the
transfer of the Staff from Central Puerto to YPF EE on the date hereof. 
 THREE: 

YPF EE shall be exclusively liable for renewing all the insurance policies, authorizations, permits, licenses and/or contracts of Central LPC terminating on
the date hereof under the LPC Contract. 
 This Offer shall be effective for a term of three (3) business days (beginning on the date of receipt
hereof) and shall be considered accepted by YPF EE upon delivery by YPF EE to Central Puerto of an acceptance letter within the above mentioned term. No other event or act shall be required to consider this Offer accepted. 

Sincerely, 
  

	
	Attorneys
	CENTRAL PUERTO S.A.

  
 81

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