{"id":111427,"date":"2015-07-01T09:25:49","date_gmt":"2015-07-01T07:25:49","guid":{"rendered":"https:\/\/tim.www.timsa.pl\/concluding-a-reference-contract-3\/"},"modified":"2015-07-01T09:25:49","modified_gmt":"2015-07-01T07:25:49","slug":"concluding-a-reference-contract-3","status":"publish","type":"post","link":"https:\/\/www.timsa.pl\/en\/concluding-a-reference-contract-3\/","title":{"rendered":"Concluding a reference contract"},"content":{"rendered":"

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Date<\/strong><\/h4>\n<\/td>\n

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2015-07-01<\/strong><\/h4>\n<\/td>\n<\/tr>\n

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Current report no.<\/strong><\/h4>\n<\/td>\n

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24\/2015<\/strong><\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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The Board of TIM S.A. with its registered seat in Wroc\u0142aw, informs that on 30.06.2015 TIM S.A. signed Annexe No. 1\/2015 to the Trade Agreement concluded by and between TIM S.A. and “Legrand Polska” Sp. z o.o. with its registered seat in Z\u0105bkowice \u015al\u0105skie.<\/p>\n

The Subject of the above-mentioned Trade Agreement is setting general rules of cooperation within the scope of sale by “Legrand Polska” Sp. z o.o. to TIM S.A. goods produced by “Legrand Polska” Sp. z o.o. The Subject of Annexe No. 1\/2015 is specifying detailed trade terms and conditions regarding sale-purchase of the above-mentioned goods between TIM S.A. and “Legrand Polska” Sp. z o.o., applicable in 2015.
The above-mentioned Agreement is a framework agreement which means that every time the basis for its execution shall be orders for goods placed by TIM S.A., specifying, among others: goods, quantity, and the delivery time. The above-mentioned Trade Agreement shall be concluded for indefinite period of time.
The Board of TIM S.A. estimates that in 2015 value of the above-mentioned Agreement will exceed 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.
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

\u00a0<\/h5>\n
SIGNATURES OF PERSONS REPRESENTING THE COMPANY<\/strong><\/h5>\n\n\n\n
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2015-07-01, Artur Piekarczyk – Member of the Board
2015-07-01, Anna Slobodzian-Pula – 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-111427","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\/111427","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=111427"}],"version-history":[{"count":0,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/posts\/111427\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/media?parent=111427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/categories?post=111427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timsa.pl\/en\/wp-json\/wp\/v2\/tags?post=111427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}