{"id":111403,"date":"2015-01-09T11:40:05","date_gmt":"2015-01-09T10:40:05","guid":{"rendered":"https:\/\/tim.www.timsa.pl\/concluding-a-reference-contract\/"},"modified":"2015-01-09T11:40:05","modified_gmt":"2015-01-09T10:40:05","slug":"concluding-a-reference-contract","status":"publish","type":"post","link":"https:\/\/www.timsa.pl\/en\/concluding-a-reference-contract\/","title":{"rendered":"Concluding a reference contract"},"content":{"rendered":"<p><!--more--><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<h4><strong>Date<\/strong><\/h4>\n<\/td>\n<td>\n<h4><strong>2015-01-09<\/strong><\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<h4><strong>Current report no.<\/strong><\/h4>\n<\/td>\n<td>\n<h4><strong>1\/2015<\/strong><\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p>The Board of TIM S.A. with its registered seat in Siechnice informs that on 08.01.2015 the Company received a copy of a signed Framework Agreement with a trade partner concluded by and between TIM S.A. and Eaton Electric Sp. z o.o. with its registered seat in Gda\u0144sk, as of 02.01.2014. The Subject of the Cooperation Agreement is setting general rules of cooperation within the scope of sale by Eaton Electric Sp. z o.o. to TIM S.A. electrotechnical materials<br \/>The above-mentioned Agreement is a framework agreement which means that every time the basis for its execution is orders for goods placed by TIM S.A., specifying, among others: goods, quantity, and the delivery time.<br \/>The Framework Agreement shall be concluded for a specified period: 3 years since its conclusion.<br \/>The value of the above-mentioned Agreement shall be estimated as exceeding 10% of equity capital of TIM S.A. The provisions of the above-mentioned Agreement do not diverge from the market standards of this type of contracts. The Agreement does not include the condition or a term of suspension; does not provide for contractual penalties which maximum value could exceed 10% of its value and it was concluded on the basis of terms and conditions commonly applied in this type of contracts.<br \/>The above-mentioned Agreement fulfils the criterion of a reference contract due to the fact that its estimated value exceeds 10% of equity capital of TIM S.A.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h5>\u00a0<\/h5>\n<h5><strong>SIGNATURES OF PERSONS REPRESENTING THE COMPANY<\/strong><\/h5>\n<table>\n<tbody>\n<tr>\n<td colspan=\"2\">\n<p>2015-01-09, Artur Piekarczyk &#8211;\u00a0Member of the Board<br \/>2015-01-09, Anna Slobodzian-Pula &#8211; Member of the Board<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84,81,83],"tags":[],"class_list":["post-111403","post","type-post","status-publish","format-standard","hentry","category-current-reports","category-investor-relations","category-reports"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/111403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/comments?post=111403"}],"version-history":[{"count":0,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/111403\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/media?parent=111403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/categories?post=111403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/tags?post=111403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}