Coll 30/137 'Oil: Employment by Petroleum Concessions Ltd., and subsidiary companies of Mr. E. V. Packer.' [‎47v] (98/114)

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to the Company in virtue of this Agreement, and it must bear all the engagements
and responsibilities set forth therein.
Article Thirteenth. —The Company may terminate this Agreement if it finds it
disagreeable for it to act upon the same ; but it shall have no right to cancel it or to
abandon it and to discontinue operating it except after three years with effect frond(|
the beginning of operation, by giving six months’ previous notice, in writing, to the
Shaikh of its intention to do so. And if the said cancellation should take place within
thirty-five years from the date of signature of this Agreement, all the lands granted
by the Shaikh and any lands or buildings purchased by the Company and any houses
or buildings constructed by, and any immoveable properties belonging to, the Company
within the State of Qatr shall be surrendered to the Shaikh free of charge. And the
wells actually producing at the time of the said cancellation shall be surrendered in
a condition considered to be good and satisfactory, as they were at that time.
And if the said cancellation should take place after thirty-five years from the
date ol signature of this Agreement, all the Company’s properties within the State
of Qatr shall be surrendered, in that case, to the Shaikh, free of charge ; and the
wells actually producing at the time of the said cancellation shall be surrendered
in a condition which is reasonably considered good and satisfactoiy, as they were
at that time.
On the termination of this xAgreement at the conclusion of the seventy-five years,
stipulated for in the Second Article, or the conclusion of any extension or renewal
of its period all the Company’s properties existing in the State of Qatr shall be
surrendered to the Shaikh free of charge ; and the wells actually producing at that
time shall be surrendered in a condition which is reasonably considered good and
satisfactory, as they used to be at that time.
Article Fourteenth .—The Shaikh has the right to cancel this Agreement in the
two cases mentioned below : —
(A) If the Company fails to pay the sums mentioned in the Fourth Article
within six months from the date they fall due. Provided that if any dispute
should be made by the Company in regard to any payment thereof, the
Shaikh shall not cancel the Agreement until arbitration takes place thereon
in accordance with Article Sixteenth and unless the Company fails to
comply with the award of the arbitrators within three months from the
date of the said award.
(B) If the Company is in default according to the provisions for arbitration set
forth in the Sixteenth Article.
Article b ifteenth. I he Shaikh shall not hold the Company liable if default
should occur on the part of the Company in carrying out or fulfilling the provisions
i ij & ree T 1 i $ nt tbe mere occurrence of force vmjeure delaying operation • but
should any difference occur between His Excellency the Shaikh and the Company
as to the existence or non-existence of such force majeure, the same shall be
referred to arbitration, as provided for in the Sixteenth Article. And the Shaikh
stipulates that the force majeure delaying operation means that which occurs in
connection with the Company’s operations in Qatr and that nothing else must be
token into consideration and must not be used by the Company as an argument in
this respect. And the Company shall proceed to effect repairs at the time when any
damage, of any nature, takes place, and the period of the said delay together with
any period reasonably necessary for repairing the damage will be added to the
period fixed in accordance with this Agreement.
Article. Sixteenth.—Should any dispute occur between the Shaikh and the
Company in regard to the interpretation of this Agreement or of any matter arising
therefrom or in regard to the engagements obligatoiy on either of the rauies m
accordance therewith, such dispute shall be referred to two arbitrator if no
agreement can be arrived at for settling it by any other method, and the Shaikh
will appoint one of them and the other will be appointed by the Company. Each
of the two pai-ties shall appoint his arbitrator within thirty davs after receivin^he
demand therefor from the other party. The two arbitrators shall thereupon appoint
a third arbitrator but if the two arbitrators or any two arbitrators appoint instead
of them are unable to agree upon the third arbitrator within sixty data from the
demand for arbitration, the two parties agree that in that cuso tul'il.' i \ “
should be appointed by the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. - and the SI, Al l ’ ‘ m arbitrator
that he should agree to the third arbitrator ’ Sha,kl “ make& “ a «^ition