gaceta oficial - alcaldía de medellín...creada por acerdo nº 5 de 1987 del conceo mnicipal gaceta...

Creada por Acuerdo Nº 5 de 1987 del Concejo Municipal

Gaceta Oficial Nº4353

DirecciónSecretaría de

ServiciosAdministrativos

CoordinaciónArchivo General

Alcaldía de Medellín

Medellín,Diciembre 30 de 2015

Año XXII - 76 páginas

CONTENIDOPág.

EXECUTION VERSION - EMPRESAS PÚBLICAS DE MEDELLÍN E.S.P.,

as Borrower, THE LENDERS PARTY HERETO and THE BANK OF TOKYO-

MITSUBISHI UFJ, LTD., as Administrative Agent

AMENDMENT TO THE LOAN AGREEMENT

CONTRATO DE EMPRÉSTITO INTERNO PARA OPERACIÓN DE CREDITO

TRANSITORIO CELEBRADO ENTRE LA CENTRAL HIDROELECTRICA DE

CALDAS S.A E.S.P. Y BANCO DAVIVIENDA S.A.

RESOLUCIÓN 3952 de 2015 (Diciembre 29)

Por medio del cual se realizan unos ajustes a la resolución De la Secretaría del Medio

Ambiente y se dictan otras disposiciones.

RESOLUCIÓN 3635 DE 2015 (Diciembre 4)

Por medio del cual se modifican unos Actos Administrativos en el Municipio de

Medellín


Por medio del cual se aclaran los Artículos 405 y 406 de la Resolución 3728 de 2015,

los Artículos 143 y 149 de la Resolución 3730 de Diciembre 14 de 2015 y se adiciona

el Artículo 95 de éste último Acto Administrativo.


Por medio del cual se realizan unos traslados en la Administración Municipal,

y se dictan otras disposiciones.

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EXECUTION VERSION

U.S.$1,000,000,000CREDIT AGREEMENT

among

____________________________________________________

EMPRESAS PÚBLICAS DE MEDELLÍN E.S.P., as Borrower,

THE LENDERS PARTY HERETOand

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as Administrative Agent

____________________________________________________

Dated as of December 29, 2015

BANK OF AMERICA, N.A.; andHSBC SECURITIES (USA) INC.

as Global Coordinators and Mandated Lead Arrangers and Joint BookrunnersTHE BANK OF TOKYO-MITSUBISHI UFJ, LTD.; and

SUMITOMO MITSUI BANKING CORPORATIONas Mandated Lead Arrangers and Joint Bookrunners

CITIGROUP GLOBAL MARKETS INC.;JP MORGAN SECURITIES LLC.; and

MIZUHO BANK, LTD.as Lead Arrangers


TABLE OF CONTENTS

Page

SECTION 1. DEFINITIONS AND PRINCIPLES OF CONSTRUCTION 1

1.01 DefinedTerms 1

1.02 PrinciplesofConstruction 14

SECTION 2. THE LOANS 15

2.01 Commitments 15

2.02 MechanicsforRequestingaLoan 15

2.03 Funding 15

2.04 MinimumAmountsforEachDisbursement 16

2.05 TerminationandReductionofCommitments 16

2.06 Notes 16

2.07 Interest 18

2.08 Fees 19

2.09 AdditionalorIncreasedCosts 20

2.10 BreakageCosts,OtherExpensesandLosses 21

2.11 Illegality 21

2.12 ReplacementofLenders 21

SECTION 3. PAYMENTS 22

3.01 Repayment;Time,PlaceandManner 22

3.02 VoluntaryPrepayment 22

3.03 MandatoryPrepayment 23

3.04 Payments;ProRataTreatment 23

3.05 ExtensionofPaymentDates 24

SECTION 4. TAXES 24

4.01 CoveredTaxes 24

SECTION 5. CONDITIONS PRECEDENT 26

5.01 ConditionsPrecedenttoEffectiveness 26

5.02 ConditionsPrecedenttoEachDisbursement 28

SECTION 6. REPRESENTATIONS AND WARRANTIES 28

6.01 RepresentationsandWarrantiesoftheBorrower 28

SECTION 7. COVENANTS 32

7.01 AffirmativeCovenantsoftheBorrower 32

7.02 NegativeCovenantsoftheBorrower 35

SECTION 8. EVENTS OF DEFAULT AND REMEDIES 36

8.01 EventsofDefault 36

8.02 Remedies 38

SECTION 9. GOVERNING LAW AND JURISDICTION 39

9.01 GoverningLaw 39

9.02 SubmissiontoJurisdiction 39

9.03 ServiceofProcess 39

9.04 WaiverofImmunity 40

9.05 WaiverofSecurityRequirements 41

9.06 NoLimitation 41

4


SECTION 10. THE ADMINISTRATIVE AGENT 41

10.01 Appointment 41

10.02 NatureofDuties 41

10.03 LackofRelianceontheAdministrativeAgent 42

10.04 Reliance 43

10.05 ConsultationwithExperts 43

10.06 Indemnification 43

10.07 TheAdministrativeAgentinItsIndividualCapacity 43

10.08 ResignationbytheAdministrativeAgent;SuccessorAdministrativeAgent 43

10.09 NoAmendmenttoDutiesofAdministrativeAgentWithoutConsent 44

SECTION 11. MISCELLANEOUS 44

11.01 Computations 44

11.02 Notices 45

11.03 BenefitofAgreement;Assignment;Participations 46

11.04 NoWaiver;RemediesCumulative 48

11.05 EntireAgreement 48

11.06 AmendmentorWaiver;etc. 49

11.07 Counterparts 49

11.08 Expenses;Indemnity 50

11.09 JudgmentCurrency 51

11.10 EnglishLanguage 52

11.11 Severability 52

11.12 WaiverofJuryTrial 52

11.13 Captions 52

11.14 DamagesWaiver 53

11.15 Confidentiality 53

11.16 Survival 53

11.17 NoFiduciaryDuty 54

11.18 PATRIOTAct 54

11.19 Exequatur 54

11.20 InternationalBankingFacilities 54

SCHEDULES Schedule1.01-I – Commitments

Schedule1.01-II – ExistingLiens

Schedule6.01(b) – GovernmentalApprovals

EXHIBITSExhibitA – FormofAssignmentandAssumptionAgreement

ExhibitB – FormofInstructionsLetter

ExhibitC – FormofLoanRequest

ExhibitD – FormofPromissoryNote

ExhibitE – FormofOfficer’sCertificate

ExhibitF – FormofLegalOpinionofMosqueraAbogados

ExhibitG – FormofLegalOpinionofMilbank,Tweed,Hadley&McCloy


INDEX OF DEFINED TERMS Page

AdministrativeAgent 1

Affiliate 1

AgentFeeLetter 1

Agreement 1

AgreementDate 1

AlternativeBaseRate 1

Anti-CorruptionLaws 2

Anti-MoneyLaunderingLaws 2

ApplicableLaw 2

ApplicableMargin 2

AssignmentandAssumptionAgreement 2

AuthorizedOfficer 2

AvailabilityPeriod 2

BASEL III 2

Borrower 1

BorrowerFinancialStatements 2

BusinessDay 3

CapitalAdequacyRequirement 3

CapitalizedLeaseObligation 3

ChangeofControl 3

ClosingDate 26

Code 3

CodeofCorporateGovernance 3

Colombia 3

ColombianCentralBank 3

ColombianGovernmentEntityGAAP 3

ColombianPeso 3

CommercialCode 4

Commitment 4

ConfidentialInformation 4

ConnectionIncomeTaxes 4

ConsolidatedTotalAssets 4

Control 4

Controlled 4

Controlling 4

CoveredTaxes 4

DisbursementDate 4

Dollars 5

EnvironmentalReport 5

EventofDefault 36

ExcludedTaxes 5

ExistingNotes 18

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ExternalIndebtedness 5

FairMarketValue 5

FATCA 5

FCPA 6

FederalFundsEffectiveRate 6

FeeLetters 6

Fitch 6

GoodFaithContest 6

GovernmentalApproval 6

GovernmentalAuthority 6

IFRS 7

ImpactedInterestPeriod 8

Indebtedness 7

Indemnitee 50

InstructionsLetter 7

InterestDeterminationDate 7

InterestPaymentDate 7

InterestPeriod 7

InternalIndebtedness 7

InterpolatedRate 8

ItuangoProject 8

JudgmentCurrency 51

JudgmentCurrencyConversionDate 51

Law550 32

Lender 1

LenderFeeLetter 8

Lenders 1

Liabilities 43

LIBOScreenRate 8

LIBOR 8

Lien 8

Loan 15

LoanDocuments 8

LoanFacilityAccount 15

LoanRequest 15

Loans 8

MarginStock 8

MaterialAdverseEffect 8

MaterialSubsidiary 9

MaturityDate 9

MinistryofFinance 9

Moody’s 9

Note 9

Notices 45


OFAC 9

OtherConnectionTaxes 9

OtherTaxes 9

ParticipantRegister 48

PATRIOTAct 9

PermittedLien 9

Person 12

PotentialDefault 12

ProportionateShare 12

Register 48

RegulationD 54

RegulationU 12

RegulatoryChange 12

RelatedParties 13

Replaced Lender 22

ReplacementLenders 22

RequiredLenders 12

S&P 13

SanctionedCountry 13

SanctionedPerson 13

Sanctions 13

SanctionsAuthorities 13

Subsidiary 13

Tax 13

TaxingJurisdiction 13

TotalCommitment 14

U.S. 14

U.S. $ 5

U.S.Dollars 5

UnitedStates 14

WhollyOwned 14

This CREDIT AGREEMENT (together with theSchedules and Exhibits attached hereto, this “Agree-ment”),datedasofDecember29,2015 ismadebyandamongEMPRESASPÚBLICASDEMEDELLÍNE.S.P.,apublicutilityservicescompanyorganizedandexistingun-derthelawsoftheRepublicofColombia(the“Borrower”);eachof the lenders identifiedunder thecaption “Lender”onthesignaturepageshereoforwhich,pursuanttoSec-tion11.03hereof,shallbecomealenderhereunder(eacha “Lender” and, collectively, the “Lenders”) and THEBANKOFTOKYO-MITSUBISHIUFJ,LTD.,asadministra-tiveagent(insuchcapacity,the“Administrative Agent”).Capitalizedtermsusedhereinshallbedefinedasprovidedin Section1.01.

BACKGROUND

WHEREAS:

(A) by thisAgreement, the Borrower has re-questedthattheLendersprovideatermloanfacilitytoitinaccordancewiththetermsandconditionssetforthhereinforanaggregateprincipalamountuptoonebillionDollars(U.S.$1,000,000,000);

(B) the Lenders are willing to do so on thetermsandconditionssetforthherein;and

(C) theBorrowerhasobtainedallrequiredap-provals,includingtheapprovalfromtheMinistryofFinancethroughResolutionNo.1348ofMay17,2012,ResolutionNo.3071ofSeptember2,2014andResolutionNo.4783ofDecember22,2015,toenterintothisAgreement.

NOW,THEREFORE,inconsiderationoftheprem-isesandthemutualcovenantshereincontained,thepar-tiesheretoagreeasfollows:

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SECTION 1. DEFINITIONS AND PRINCIPLES OF CONSTRUCTION

1.01 DefinedTerms

.ForthepurposesofthisAgreement,unlessotherwisede-finedherein,thefollowingtermshavethemeaningsspeci-fiedbelow.

“Affiliate”means,withrespecttoanyPerson,anyotherPersonthat,directlyorindirectlythroughoneormoreintermediaries, controls, or is Controlled by, or is undercommoncontrolwith,suchfirstPerson.

“Agent Fee Letter”meansthefeeletterexecutedonorprior to theAgreementDatebetween theBorrowerandtheAdministrativeAgent.

“Agreement Date”means thedate first set forthabove, suchdatebeing thedateasofwhich thisAgree-mentwasexecutedanddeliveredbythepartieshereto.

“Alternative Base Rate”meansforanyday,afluc-tuatingrateperannumequaltothehighestof(a)theFed-eralFundsEffectiveRateplus0.50%, (b) theprime ratepublishedinThe Wall Street Journalforsuchday;provided that, ifThe Wall Street Journalceases topublish foranyreasonsuchrateofinterest,“AlternativeBaseRate”shallmeantheprimelendingrateassetforthontheBloombergpagePRIMBBIndex(orsuccessorpage)forsuchday(orsuch other service as determined by the AdministrativeAgent from time to time forpurposesofprovidingquota-tionsofprimelendinginterestrates)and(c)theLIBORforan Interest Period of onemonth plus one percent (1%).EachchangeintheAlternativeBaseRateshallbeeffectiveonthedatesuchchangeiseffective.

“Anti-Corruption Laws”means(a)theFCPA,(b)theUKBriberyActof2010,andtherulesandregulationspromulgated thereunder, (c) Law 1474 of 2011 (Estatuto Anticorrupción)ofColombia,and(d)allother laws,rules,and regulations of any jurisdiction applicable to the Bor-roweroranyof itsSubsidiaries concerningor relating tobriberyorcorruption.

“Anti-Money Laundering Laws”means all lawsofanyjurisdictionapplicabletotheBorroweroritsSubsid-iariesconcerningorrelatingtoanti-moneylaunderingandanti-terrorismfinancing.

“Applicable Law”means,withrespecttoanyPer-son,anyColombianorotherapplicableconstitution,stat-ute, law, rule, regulation,ordinance, judgment,order,de-cree,oranypublisheddirective,guideline,requirementorothergovernmentalruleorrestrictionwhichhastheforceof law,andanydeterminationby,or interpretationofanyoftheforegoingby,anyjudicialauthorityorGovernmentalAuthority,bindingonagivenPersonwhetherineffectasofthedatehereoforasofanydatethereafter.

“Applicable Margin”means1.40%per annum.

“Assignment and Assumption Agreement” meansanassignmentandassumptionagreementinsub-stantiallytheformofExhibitA.

“Authorized Officer”means,with respect toanyPerson,thechiefexecutiveofficer,thepresident,anyvicepresident,anyassistantvicepresident, thechieffinancialofficerortreasurer,theassistanttreasurerorequivalentof-ficersofsuchPerson,andanyotherofficerorrepresenta-tiveof suchPerson,who is dulyauthorized toact undersuchPerson’scharterdocumentsorApplicableLaw,andtoactinthecapacityinwhichtheyareactingpursuanttothecertificatereferredtoinSection5.01(b).

“Availability Period”means theperiod fromandincludingtheAgreementDatetoandincludingtheearlierof (i) the first anniversary of the date hereof and (ii) thedateonwhichtheTotalCommitmentisreducedtozeroorotherwiseterminated.

“BASEL III”means(a)theagreementsoncapitalrequirements,aleverageratioandliquiditystandardscon-tainedin“BaselIII:Aglobalregulatoryframeworkformoreresilient banksandbanking systems,” “Basel III: Interna-tionalframeworkforliquidityriskmeasurement,standardsandmonitoring”and“Guidancefornationalauthoritiesop-eratingthecountercyclicalcapitalbuffer”publishedbytheBasel Committee on Banking Supervision in December2010,eachasamended,supplementedorrestatedand(b)anyfurtherguidanceorstandardspublishedbytheBaselCommitteeonBankingSupervisionrelatingtoBaselIII.

“Borrower Financial Statements”meanstheau-ditedconsolidatedfinancialstatementsoftheBorrowerandits consolidated Subsidiaries dated December 31, 2014,and theunauditedunconsolidatedfinancialstatementsoftheBorroweranditsconsolidatedSubsidiariesasofSep-tember30,2015.

“Business Day” means any day, except a daywhich is aSaturday or aSunday, onwhich (a) theFed-eralReserveBankofNewYorkisopenforbusiness,(b)forpurposesofdeterminingLIBOR,dealingsinU.S.Dollarde-positsarecarriedonintheLondoninterbankmarketand(c)commerciallendersinBogota,ColombiaandNewYork,NewYork (UnitedStates)areopen fordomesticand for-eignexchangebusiness.

“Capital Adequacy Requirementþ “means,with respect toanyPerson,any requirementoflaw or any regulation affecting the amount of capital re-quiredor expected to bemaintainedby suchPerson (orthelendingofficeofsuchPerson)oranyPersonControl-lingsuchPerson.

“Capitalized Lease Obligation” means, with re-spect toanyPersonasof thedateofdetermination, theobligationtopayrentorotheramountsunderaleasewithrespecttoanyproperty(whetherreal,personalormixed)acquiredorleased(otherthanleasesfortransponders)by


suchPersonandusedinitsbusinessthatisrequiredtobeaccounted forasa liabilityon thebalancesheetof suchPersoninaccordancewithColombianGovernmentEntityGAAPorIFRS,asapplicable,andtheamountofsuchCap-italizedLeaseObligationshallbetheamountsorequiredtobeaccountedforasaliability.

“Change of Control” means an event or seriesofeventsbywhichtheMunicipalityofMedellinand/ortheRepublicofColombiaceasestoown,directlyorindirectly,beneficiallyandofrecord,atleast50.1%oftheoutstand-ingsharesofvotingstockoftheBorrowerorshallceasetoControltheBorrower.

“Code”meanstheInternalRevenueCodeof1986andtheregulationspromulgatedandrulingsissuedthere-under,asamended.

“Code of Corporate Governance” means theBorrower’sCódigo de Buen Gobierno Corporativoasinef-fectfromtimetotime.

“Colombia” means the Republic of Colombia(República de Colombia).

“Colombian Central Bank” means the CentralBankofColombia (Banco de la República de Colombia)oranyotherGovernmentalAuthorityofColombiachargedwiththeresponsibilityofissuing,managingandcontrollinglegalcurrencyinColombiaanddeterminingColombianfor-eignexchangepolicy.

“Colombian Government Entity GAAP” meansaccounting principles for government-owned entities is-suedbytheNationalAccountingOffice(Contaduría Gen-eral de la Nación)andotherapplicablelegalprovisionsineffectfromtimetotime,asmodified,amendedand/orsup-plementedbyIFRSuponadoptionofIFRSbytheBorroweranditsSubsidiariesinaccordancewithApplicableLaw.

“Colombian Peso”means the lawful currencyofColombia.

“Commercial Code”meanstheColombianCom-mercialCode(Código de Comercio),asamended.

“Commitment”means, foreachLender, theobli-gationofsuchLendertomakeLoanstotheBorrowerhere-underduringtheperiodcommencingonthedatehereofto,butexcludingthedateonwhichtheAvailabilityPeriodends,inaprincipalamountuptobutnotexceedingtheamountsetforthoppositesuchLender’snameonSchedule1.01-1 hereto;providedthatsuchamountshallbereducedbyanyreduction or termination of theTotal Commitment by theBorrowerpursuanttoSection1.05.

“Confidential Information”meansinformationthattheBorrowerfurnishestotheAdministrativeAgentoranyLender inwriting,butdoesnot includeanysuchinforma-tion(a)thatisorbecomesgenerallyavailabletothepublic,

(b)thatisorbecomesavailabletotheAdministrativeAgentoranyLenderfromasourceotherthantheBorroweronanon-confidentialbasis, (c) is in theAdministrativeAgent’soranyLender’spossessionincludinganysuchinformationinrespectofwhichtheAdministrativeAgentorLenderrea-sonablybelievesthatitisnotboundbyanyconfidentialityobligationstotheBorrower(butinanyeventexcludinganyinformationfurnishedbytheBorrowerthatisdesignatedasconfidentialinwriting)or(d)isindependentlydevelopedbytheAdministrativeAgentoranyLenderwithoutreferencetosuchinformation.

“Connection Income Taxes”meansOtherCon-nectionTaxesthatareimposedonormeasuredbynetin-come(howeverdenominated)orthatarefranchiseTaxesorbranchprofitsTaxes.

“Consolidated Total Assets”means,atanydate,thetotalamountofassetsoftheBorroweranditsconsoli-datedSubsidiaries,asoftheendofthelastperiodpreced-ingsuchdate forwhichabalancesheet ispreparedandpublishedinaccordancewithApplicableLaw,calculatedonaconsolidatedbasisasdeterminedinaccordancewithCo-lombianGovernmentEntityGAAPorIFRS,asapplicable.

“Control”means,inrelationtoanyspecifiedPer-son, (a) holding, directly or indirectly, fifty percent (50%)ormoreof theoutstandingvotingsecuritiesorownershipinterestsof suchspecifiedPersonor (b)having thecon-tractual power to designateamajority of thedirectors ofacorporation,or in thecaseofanunincorporatedentity,amajorityoftheindividualswhoexercisesimilarfunctionsofsuchspecifiedPerson(and“Controlled”and“Control-ling”shallbeconstruedaccordingly).

“Covered Taxes”means,with respect to theAd-ministrative Agent or any Lender, (a) Taxes, other thanExcludedTaxesorOtherConnectionTaxes,imposedbyaTaxingJurisdictiononorwithrespecttoanypaymentmadebyoronaccountofanyobligationof theBorrowerunderanyLoanDocument, and (b) to theextentnototherwisedescribedin(a),OtherTaxes.

“Disbursement Date” means each date of dis-bursementofLoansspecifiedinaLoanRequest;provided thatsuchDisbursementDateshallbeaBusinessDaynolaterthanthelastdayoftheAvailabilityPeriod.

“Dollars,” “U.S. Dollars,” or “U.S. $” means thelawfulcurrencyoftheUnitedStatesofAmerica.

“Environmental Report”meansareportdescrib-ingallmaterialaspectsconcerningsocialandenvironmen-talmatters related to the Ituango Project thatmay haverisenduring the immediately preceding fiscal year of theBorrower, including, but not limited to, (a) status of landnegotiation,acquisitionandcompensationbytheBorrower,(b) acceptance or opposition towards Project Ituango bycommunitieswithinitsareaofinfluenceoranyrepresenta-tiveorganizationand(c)compensationbytheBorrowerforecologicalrepairs.

10


“Excluded Taxes”meansanyofthefollowingTax-esimposedonorwithrespecttoanyLenderortheAdmin-istrativeAgentorrequiredtobewithheldordeductedfromapayment toanyLenderor theAdministrativeAgent,(a)Taxes imposedonormeasuredbynet income (howeverdenominated), franchiseTaxes,andbranchprofitsTaxes,ineachcase(i)imposedasaresultofsuchLenderorAd-ministrativeAgent being organized under the laws of, orhavingitsprincipalofficeor,inthecaseofanyLender,itsapplicablelendingofficelocatedin,thejurisdictionimpos-ingsuchTax(oranypoliticalsubdivisionthereof)or(ii)thatareOtherConnectionTaxes,(b) in thecaseofaLender,withholdingTaxes imposedonamountspayable toor fortheaccountofsuchLenderwithrespect toanapplicableinterestintheLoanpursuanttoalawineffectonthedateonwhich(i)suchLenderacquiressuchinterestintheLoan(otherthanpursuanttoanassignmentrequestbytheBor-rowerunderSection2.12)or(ii)suchLenderchangesitslendingoffice,exceptineachcasetotheextentthat,pur-suanttoSection4.01,amountswithrespecttosuchTaxeswerepayableeithertosuchLender’sassignorimmediatelybeforesuchLenderbecameapartyheretoortosuchLend-erimmediatelybeforeitchangeditslendingoffice,(c)Tax-esthatwouldnothavebeenimposedbutfortheLender’sortheAdministrativeAgent’sfailuretomakeanydisclosurewiththerelevanttaxingauthorityasrequiredbyApplicableLaw,unlesssuchLenderorAdministrativeAgenthasrea-sonably and in good faith determined that any such dis-closurewouldexposeittoanymaterialadverseeffect,ortoprovideanyreasonably requesteddocumentationand/orcertificationtotheBorroweroranyotherPersonor(d)anywithholdingTaxesimposedduetoaLender’sfailuretocomplywithFATCA.

“External Indebtedness”meansIndebtednessoftheBorrowerotherthanInternalIndebtedness.

“Fair Market Value” means, with respect to anyassetorproperty, thepricewhichcouldbenegotiated inanarm’s-lengthtransaction,forcash,betweenaninformedandwilling seller underno compulsion to sell andan in-formedandwillingbuyerundernocompulsiontobuy.

“FATCA”means(1)Sections1471through1474oftheCode,asofthedateofthisAgreement(oranyamend-edorsuccessorversion that issubstantivelycomparableandnotmateriallymoreoneroustocomplywith)andanycurrentregulationsorofficialinterpretationsthereof,(2)anytreaty, lawor regulationof anyother jurisdiction or relat-ing toan intergovernmentalagreementbetween theU.S.andanyotherjurisdiction,which(ineithercase)facilitatesthe implementationofany laworregulationreferredto inclause(1)above,or(3)anyagreementsenteredintopur-suanttoSection1471(b)(1)oftheCodeorpursuanttotheimplementationofanytreaty,laworregulationreferredtoinclause(1)or(2)abovewiththeU.S.InternalRevenueService,theU.S.governmentorthegovernmentortaxau-thorityofanyotherjurisdiction.

“FCPA”means theForeignCorruptPracticesActof1977,asamended,andtherulesandregulationsthere-under.

“Federal Funds Effective Rate”means, for anyday,theweightedaverageoftheratesonovernightFeder-alfundstransactionswithmembersoftheFederalReserveSystemarrangedbyFederalfundsbrokersaspublishedonthenextsucceedingBusinessDaybytheFederalReserveBankofNewYorkor,ifsuchrateisnotsopublishedforanydaythatisaBusinessDay,theaverage(roundedupwards,ifnecessary,tothenext1/100of1%)ofthequotationsforsuchdayforsuchtransactionsreceivedbytheAdministra-tiveAgentfromthreeFederalfundsbrokersofrecognizedstandingselectedbyit;provided,that,iftheFederalFundsEffectiveRateshallbe less thanzero,suchrateshallbedeemedtobezeroforpurposesofthisAgreement.

“Fee Letters”meanstheLenders’FeeLetterandtheAgentFeeLetter.

“Fitch”meansFitchRatingsLimitedoritsaffiliates.

“Good Faith Contest”means,withrespecttothepaymentofTaxesoranyrelatedclaimsorliabilitiesbyanyPerson,thesatisfactionofeachofthefollowingconditions:

(a) thevalidityoramountthereofisbeingdili-gentlycontestedingoodfaithbysuchPersonbyappropri-ateproceedingstimelyinstituted;

(a) inthecaseofTaxesorrelatedclaimsandliabilitiesoftheBorrower,theBorrowerhasestablishedad-equatecashreserveswithrespecttothecontesteditemsinaccordancewiththeColombianGovernmentEntityGAAPorIFRS,asthecasemaybe;

(b) duringtheperiodofsuchcontest,theen-forcementofanycontesteditemiseffectivelystayed;and

(c) such contest or proceedingsandany re-sultantfailuretopayordischargetheclaimedorassessedamountdonotandcouldnototherwisereasonablyexpect-edtoresultinaMaterialAdverseEffect.

“Governmental Approval”meansanyauthoriza-tion,approval,consent,license,concession,ruling,permit,tariff,rate,certification,order,validation,exemption,waiv-er,variance,opinionof,or registration,filingor recordingwith,orreportornoticeto,anyGovernmentalAuthority.

“Governmental Authority” means any national,state, county, city, town, village,municipal or other localgovernmental department, commission, board, bureau,agency, authority or instrumentality of theUnitedStates,Colombia or any other national, multinational or interna-tionalauthority,oranypoliticalsubdivisionofanythereof,andanypersonexercising executive, legislative, judicial,regulatoryoradministrativefunctionsoforpertainingtoanyoftheforegoingentities,andineachcasehavingjurisdic-tionoverthePersonsormattersinquestion.

“IFRS”means the International FinancialReport-ingStandardsissuedbytheInternationalAccountingStan-dardsBoard,as ineffect fromtime to time,andas inter-


pretedandappliedbytheColombianNationalAccountingOffice(Contaduría General de la Nación),onabasiscon-sistentwiththeBorrower’soperationsandreflectedintheBorrower’sfinancialstatements.

“Indebtedness” of any Person means, withoutduplication,(a)any indebtednessofsuchPersonforbor-rowedmoneyorevidencedbyanote,debentureorsimilarinstrument(includingapurchasemoneyobligation)giveninconnectionwiththeacquisitionofanypropertyorassets,includingsecurities,(b)obligationstopaythedeferredpur-chasepriceofpropertyorservices,exceptaccountspay-ableandaccruedexpensesarisingintheordinarycourseofbusinessandpayablewithinonehundredeighty(180)days,(c)anyderivativetransactionenteredintoinconnec-tionwith,protectionagainst,orbenefit fromfluctuation inanyrateorprice (provided that, for thecalculationof thevalueofanyderivativetransaction,onlythenetmarket-to-marketvalueshallbetakenintoaccount),(d)Indebtednessof others described in clauses (a) through (c) above se-curedby (or forwhich theholder thereofhasanexistingright,contingentorotherwise,tobesecuredby)aLienonthe property of suchPerson,whether or not the respec-tiveIndebtednesssosecuredhasbeenassumedbysuchPerson,(e)anyguaranteebysuchPersonofanyIndebt-edness of others described in the preceding clauses (a)through(d)above,(f)anyCapitalizedLeaseObligationsofsuchPerson,and(g)anyamendment,renewal,extensionorrefundingofanysuchIndebtedness.

“Instructions Letter” means the irrevocable in-structionsletterexecutedbytheBorrowersubstantiallyintheformofExhibitB.

“Interest Determination Date”meansthesecondBusinessDaypriortothecommencementofanyInterestPeriodrelatingtoaLoan.

“Interest Payment Date” means the last day ofeachInterestPeriod.

“Interest Period”means(i)withrespecttothefirstborrowingoftheLoanshereunder,initially,theperiodcom-mencing (and including) on the date onwhich such bor-rowingismadeandending(butexcluding)onthedatethatissixmonthsthereafter,and,thereafter,eachperiodcom-mencingon(andincluding)thelastdayoftheimmediatelypreceding Interest Period and ending on (but excluding)thedatethatissixmonthsthereafter;and(ii)withrespecttoeachadditionalborrowingof theLoanshereunder, theperiod commencingon (and including) theDisbursementDatecorrespondingtosuchborrowingandendingon(butexcluding)thelastdayofthethencurrentInterestPeriodpursuant toclause (i)aboveand, thereafter,eachperiodcommencingon(andincluding)thelastdayoftheimmedi-atelyprecedingInterestPeriodandendingon(butexclud-ing)thedatethatissixmonthsthereafter;provided,how-ever,that(x)ifanInterestPeriodwouldendonadayotherthanaBusinessDay,suchInterestPeriodshallbeextend-edtothenextsucceedingBusinessDayunlesssuchnextsucceedingBusinessDaywould fall in thenextcalendarmonth,inwhichcasesuchInterestPeriodshallendonthe

nextprecedingBusinessDay,and(y)innocaseshallanyInterestPeriodendaftertheMaturityDate.

“Internal Indebtedness”meansanyIndebtednesspayabletoColombianresidents.

“Interpolated Rate”means, at any time, for anyInterestPeriod,therateper annum(roundedtothesamenumberofdecimalplacesas theLIBOScreenRate)de-terminedbytheAdministrativeAgent(whichdeterminationshallbeconclusiveandbindingabsentmanifesterror) tobeequaltotheratethatresultsfrominterpolatingonalin-earbasisbetween:(a)theLIBOScreenRate(forthelon-gestperiod forwhich theLIBOScreenRate isavailable)that isshorter than the Impacted InterestPeriod;and (b)theLIBOScreenRatefortheshortestperiod(forwhichthatLIBOScreenRateisavailable)thatexceedstheImpactedInterestPeriod,ineachcase,atsuchtime.

“Ituango Project”means the Ituango hydroelec-tricplanttobelocatedinthenorthernregionofAntioquia,Colombia.

“Lender Fee Letter”meansthefeeletterexecutedonorprior to theAgreementDatebetween theBorrowerandtheLenders.

“LIBOR”means,withrespecttoanyLoansforanyInterestPeriod, theLondon interbankoffered rateasad-ministeredbyICEBenchmarkAdministration(oranyotherPersonthattakesovertheadministrationofsuchrateforU.S.Dollars) foraperiodequal in lengthtosuchInterestPeriodasdisplayedonpagesLIBOR01orLIBOR02oftheReutersscreenthatdisplayssuchrate(or,intheeventsuchratedoesnotappearonaReuterspageorscreen,onanysuccessororsubstitutepageonsuchscreenthatdisplayssuchrate,orontheappropriatepageofsuchotherinfor-mationservicethatpublishessuchratefromtimetotimeasselectedby theAdministrativeAgent in its reasonablediscretion;ineachcasethe“LIBO Screen Rate”)ontheIn-terestDeterminationDate;providedthatiftheLIBOScreenRateshallbelessthanzero,suchrateshallbedeemedtobezeroforthepurposesofthisAgreement;provided fur-therthatiftheLIBOScreenRateshallnotbeavailableatsuchtimeforsuchInterestPeriod(an“Impacted Interest Period”) thenLIBORshallbe the InterpolatedRate; pro-vided thatifanyInterpolatedRateshallbelessthanzero,suchrateshallbedeemedtobezeroforpurposesofthisAgreement.

“Lien”means any lien, lease,mortgage, pledge,hypothecation,orotherencumbranceorsecurityinterest.

“Loan Documents” means this Agreement, theNotes,theInstructionsLetter,theFeeLetters,andanyoth-erdocumenttheBorrowermayfromtimetotimedesignateassuchwiththepriorapprovaloftheMinistryofFinancetotheextentrequiredunderApplicableLaw.

“Loans”hasthemeaningascribedtosuchterminSection2.01.TotheextentrelatingtoanyparticularLend-

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er,referenceshereintotheLoansmeantheportionoftheLoansallocabletosuchLender.

“Margin Stock”means“marginstock”asdefinedinRegulationsUandXof theBoardofGovernorsof theU.S.FederalReserveSystem(oranysuccessorthereto),asthesamemaybemodifiedandsupplementedandinef-fectfromtimetotime.

“Material Adverse Effect”meansanyevent, cir-cumstance,occurrenceorconditionthat,asofanydateofdetermination,resultsinorotherwiseconstitutesamaterialandadverseeffecton:(a)theabilityoftheBorrowertoper-formanymaterialobligationsundertheLoanDocuments,(b)thevalidityorenforceabilityofanyLoanDocumentoranymaterialprovisionthereof,or(c)thefinancialcondition,businessoroperationsoftheBorroweranditsSubsidiaries(takenasawholeforpurposesofthisclause(c)).

“Material Subsidiary”meansaSubsidiaryof theBorrower which on any given date of determination ac-countsformorethan10%oftheBorrower’sConsolidatedTotalAssets.

“Maturity Date”means the fifth-year anniversaryoftheAgreementDate,providedthatifsuchdateisnotaBusinessDay,theMaturityDateshallbetheimmediatelyprecedingBusinessDay.

“Ministry of Finance”meanstheMinisterio de Ha-cienda y Crédito Público de Colombia.

“Moody’s”meansMoody’sInvestorsService,Inc.

“Note”means(a)apromissorynoteissuedpursu-anttoSection2.06,or(b)anyreplacementpromissorynoteissuedpursuanttothisAgreement.

“OFAC”meanstheOfficeofForeignAssetsCon-troloftheU.S.DepartmentoftheTreasury.

“Other Connection Taxes”means,withrespecttoanyLenderortheAdministrativeAgent,Taxesimposedasa resultofapresentor formerconnectionbetweensuchLenderorAdministrativeAgentandthejurisdictionimpos-ing such Tax (other than connections arising from suchLender or theAdministrativeAgent having executed, de-livered,becomeapartyto,performeditsobligationsunder,receivedpaymentsunder,engaged inanyother transac-tionpursuanttoorenforcedanyLoanDocument,orsoldorassignedaninterestinanyLoanDocument).

“Other Taxes”meansallpresentorfuturestamp,courtordocumentary,intangible,recording,filingorsimilarTaxesthatarisefromanypaymentmadeunder,fromtheexecution,delivery,performance,enforcementorregistra-tion of any Loan Document except any such Taxes thatareOtherConnectionTaxes imposedwith respect to anassignment (other thananassignmentmadepursuant toSection2.12).

“PATRIOT Act”meanstheUnitingandStrengthen-ingAmericabyProvidingAppropriateToolsRequiredtoIn-terceptandObstructTerrorismActof2001(TitleIIIofPub.L.107-56(signedintolawOctober26,2001)).

“Permitted Lien”meansanyofthefollowing:

(a) Liensarisingbyoperationoflaw,suchasmerchants’,maritimeor other similar Liensarising in theordinarycourseofbusinessorLiens in respectof taxes,assessmentsorothergovernmentalcharges thatarenotyetdelinquentorthatarebeingcontestedingoodfaithbyappropriateproceedings;

(d) Liensarisingintheordinarycourseofbusi-ness inconnectionwith Indebtednessmaturingnotmorethanone(1)yearafterthedateonwhichtheIndebtednesswasoriginallyincurredandwhichisrelatedtothefinancingofexport,importorothertradetransaction;

(e) Liens resulting from the deposit of fundsor evidences of Indebtedness in trust for the purpose ofdischargingordefeasingIndebtednessoftheBorroweroranyMaterialSubsidiary;

(f) Liens on assets or property of a Personexistingat the timesuchPerson ismerged into, consoli-dated with or acquired by the Borrower or any MaterialSubsidiary or becomes a Material Subsidiary; provided thatanysuchLienisnotincurredincontemplationofsuchmerger,consolidationoracquisition(unlesssuchLienwascreatedtosecureorprovideforthepaymentofanypartofthepurchasepriceof suchpropertyorassets)anddoesnot secure any property of theBorrower or anyMaterialSubsidiary other than theproperty andassets subject tosuchLienpriortosuchmerger,consolidationoracquisition;

(g) LiensexistingasofthedatehereofandsetforthonSchedule1.01-II;

(h) LienssecuringIndebtedness(includinginthe form of Capitalized Lease Obligations and purchasemoney Indebtedness) incurred for thepurposeof financ-ing the cost (including the cost of design, development,site acquisition, construction, integration,manufacture oracquisition)ofrealorpersonalproperty(tangibleorintan-gible) which is incurred contemporaneously therewith orwithinonehundredeighty(180)daysthereafter;provided that(i)suchLienssecureIndebtednessinanamountnotinexcessofthecostofsuchproperty(plusanamountequaltothereasonablefeesandexpensesincurredinconnec-tionwiththeincurrenceofsuchIndebtedness)and(ii)suchLiensdonotextendtoanypropertyoftheBorrowerotherthan the property for which such Indebtedness was in-curred;

(i) Lienstosecuretheperformanceofstatu-tory and common law obligations, bids, trade contracts,judgments,suretyorappealbonds,performancebondsorotherobligationsofa likenature incurred in theordinarycourseofbusiness;


(j) Lienstosecuredebtsecurities;

(k) LiensgrantedinfavoroftheBorrowerand/oranyWhollyOwnedSubsidiary tosecure IndebtednessowingtotheBorrowerorsuchWhollyOwnedSubsidiary;

(l) Legalorequitableencumbrancesdeemedtoexistby reasonof the inclusionofcustomarynegativepledge provisions in any financing document of theBor-roweroranySubsidiary;

(m) LienssecuringInternalIndebtedness;

(n) Lienscreatedinfavorofabankorfinancialinstitutionwhichispartytoaletterofcredittransactionasaccountpartyondrafts,billsofladingandotherdocumentswhicharethesubjectofsuchletterofcredittransaction;

(o) Liensoncashorcashequivalents tose-cure obligations under agreements or arrangements re-ferredtoinclause(c)ofthedefinitionof“Indebtedness”;

(p) AnyLien in respectof Indebtedness rep-resenting the extension, refinancing, renewal or replace-ment(orsuccessiveextensions,refinancings,renewalsorreplacements)ofIndebtednesssecuredbyLiensreferredtoinclauses(b),(d),(e),(f),(h),(i),(k),(r),(s)and(t);pro-videdthattheprincipaloftheIndebtednesssecuredthere-bydoesnotexceedtheprincipaloftheIndebtednessse-curedtherebyimmediatelypriortosuchextension,renewalor replacement, plus anyaccruedandunpaid interest orcapitalizedinterestpayablethereon,reasonablefeesandexpensesincurredinconnectiontherewith,andtheamountofanyprepaymentpremiumnecessarytoaccomplishanyrefinancing;provided, further,thatsuchextension,renewalorreplacementshallbelimitedtoallorapartoftheprop-erty (or interest therein)subject to theLiensoextended,renewedorreplaced(plusimprovementsandconstructionofsuchproperty);

(q) Pledgesanddepositsmadeintheordinarycourseof business in compliancewithworkers’ compen-sation,unemploymentinsuranceandothersocialsecuritylawsorregulations;

(r) Easements, zoning restrictions, rights-of-wayandsimilarencumbranceson realproperty imposedbylaworarisingintheordinarycourseofbusinessthatdonotsecureanymonetaryobligationsanddonotmateriallydetractfromthevalueoftheaffectedpropertyorinterferewith theordinaryconductofbusinessof theBorroweroranyofitsSubsidiaries;

(s) Liens arising out of government conces-sionsor licensesheldby theBorroweroranyof itsSub-sidiaries;

(t) Lienstosecurethepurchaseof,orcreatedinconnectionwiththefinancingofalloranypartofthepur-

chasepriceorcostoftheacquisition,purchase,construc-tion, development, extension, expansion and/or improve-ment by the Borrower or any of its Subsidiaries of, anyassets (or rightof interest therein),provided that (i)suchLienscoveronlysuchassets (or rightor interest therein,asthecasemaybe),oranyassetsformingpartoforcon-nectedwithsuchassets(oranyrightorinteresttherein),orproductsorproceedsfromsuchassets,orrevenueorprofitfromsuchassetsorsuchproductsorproceeds(oranyrightorinteresttherein),orthesharesorotherownershipinter-estsinanyPersonsubstantiallyallofwhoseassetsconsistofsuchassets,revenueorprofit,(ii)suchLienssecurenomorethanthepurchasepriceorotherconsiderationpaidfor,and/orcostsofconstruction,development,expansion,extensionand/orimprovement,ofsuchassets(oranyrightor interest therein), includinganyfinancingor refinancingcostsassociatedtherewith,and(iii)suchLiensgrantedinconnectionwithanyextension,expansionand/orimprove-mentofassetscoveronlyassetsotherthanassetsexistingatthedateofthisAgreement;

(u) LienssecuringtheBorrower’soranyofitsSubsidiaries’ counter-guaranteeing obligations to theRe-publicofColombiainrespectofanyExternalIndebtednessoftheBorroweroranyofitsSubsidiaries(butonlyuptoanamountequalto120%ofthesumofoneprincipalandoneinterestpaymentinrespectofsuchExternalIndebtedness)providedbymultilateralordevelopmentorganizations;

(v) LiensinrespectofIndebtednesstheprin-cipal amountofwhich in theaggregate, togetherwithallotherLiensnototherwisequalifyingasPermittedLienspur-suanttoanotherpartofthisdefinitionofPermittedLiens,doesnotexceed15%oftheBorrower’sConsolidatedTotalAssets. Forpurposesof thisdefinition, thevalueofanyLiensecuringIndebtednesswillbecomputedonthebasisofthelesserof(i)theoutstandingprincipalamountofsuchsecured Indebtedness and (ii) the higher of (x) the bookvalueor(y)theFairMarketValueofpropertysecuringsuchIndebtedness;and

(w) Anyextension,renewalorreplacementoftheforegoing.

“Person” means any individual, firm, company,limitedliabilitycompany,corporation,partnership(includingassociationandwhetherornothavingseparatelegalper-sonality),jointstockcompany,trust,unincorporatedorgani-zationoranyotherenterprise,oraGovernmentalAuthority.

“Potential Default”meansaneventthatwiththelapseoftime(includinganyapplicablegraceperiod)orthegivingofnotice,orboth,wouldbecomeanEventofDefault.

“Proportionate Share” means, with respect toeachLenderandasofanydateofdetermination:

(a) prior to theendof theAvailabilityPeriod,thethen-currentratioofsuchLender’sunutilizedCommit-menttotheunutilizedTotalCommitmentatthattime;and

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(x) thereafter, the then-current ratio of theprincipalamountofalloutstandingLoansofsuchLendertotheprincipalamountofalloutstandingLoansunderthisAgreement.

“Regulation U”meansRegulationUoftheBoardofGovernorsoftheFederalReserveSystem.

“Regulatory Change” means the introduction orchange after the date of this Agreement, of any UnitedStatesorforeignnational,stateormunicipallawsorregu-lationsorintheinterpretationoradministrationthereof,ortheadoptionormakingaftersuchdateofanydirectivesorrequests (whetherornothaving the forceof law)byanyUnitedStatesorforeignnational,state,ormunicipalcourtor monetary authority, or other Governmental Authority;provided thatnotwithstandinganythingherein to thecon-trary,(a)theDodd-FrankWallStreetReformandConsum-erProtectionActandall requests,rules,guidelinesordi-rectivesthereunderorissuedinconnectiontherewith,and(b)allrequests,rules,guidelinesordirectivespromulgatedbytheBankforInternationalSettlements,theBaselCom-mitteeonBankingSupervision(oranysuccessororsimilarauthority)ortheUnitedStatesorforeignregulatoryauthori-ties,ineachcasepursuanttoBaselIII,shallineachcasebedeemedtobea“RegulatoryChange,”regardlessofthedateenacted,adoptedorissued.

“Required Lenders”means theLenderorLend-ers(a)whoseshareintheoutstandingLoansandwhoseundrawnCommitmentsrepresentatleast50.1%oftheag-gregateamountofLoansoutstandingandundrawnCom-mitments;or(b)ifthereisnoLoanthenoutstanding,whoseCommitmentsareatleast50.1%oftheTotalCommitment.

“Related Parties” means, with respect to anyspecifiedPerson,suchPerson’sAffiliatesandtherespec-tivedirectors,officers,employees,agentsandadvisorsofsuchPersonandsuchPerson’sAffiliates.

“S&P”meansStandard&Poor’sRatingsServices,adivisionofTheMcGraw-HillCompanies,Inc.

“Sanctioned Country”means a country or terri-torywhichis,orwhosegovernmentis,thesubjectortargetofcountry-wideorterritory-wideSanctionsbroadlyrestrict-ingorprohibitingalldealingswithsuchcountryorterritory.

“Sanctioned Person”meansanyPerson(a)listedintheSpeciallyDesignatedNationalsandBlockedPersonListorSectoralSanctionsIdentificationsListmaintainedbyOFAC,(b)listedinanyotherSanctions-relatedlistofdesig-natedPersonsmaintainedbyOFAC,theU.S.DepartmentofState,theUnitedNationsSecurityCouncil,theEuropeanUnionoranyEUmemberstate,(c)organized,domiciledorresidentinaSanctionedCountryor(d)50%ormoreownedbyanyPersonortwoormorePersonsintheaggregate,orControlledbyanyPerson,describedinclause(a)through(c)above.

“Sanctions” means the sanctions laws, regula-tions,embargoesorrestrictivemeasuresadministered,en-actedorenforcedbyanyoftheSanctionsAuthorities.

“Sanctions Authorities” means: (a) the UnitedStatesofAmerica,(b)theUnitedNations,(c)theEuropeanUnion, (d) theUnitedKingdom,(e)HongKong,or (f) therespectiveGovernmentalAuthoritiesofanyoftheforego-ing,including,withoutlimitation,OFAC,theUSDepartmentofStateandHerMajesty’sTreasury.

“Subsidiary”means,withrespect toanyPerson,anyotherPerson(a)thesecuritiesofwhichhavingordinaryvotingpower toelectamajorityof theboardofdirectors(orotherpersonshavingsimilarfunctions)or(b)theotherownership interestsofwhichordinarilyconstitutingama-jorityvoting interest,areat the time,directlyor indirectly,ownedorControlledbysuchfirstPerson,orbyoneormoreofitsSubsidiaries,orbysuchfirstPersonandoneormoreofitsSubsidiaries;unlessotherwisespecified,“Subsidiary”meansaSubsidiaryoftheBorrower.

“Tax”meansanypresentorfutureincome,stamporother taxes, levies, imposts,duties,charges, fees,as-sessments, deductions or withholdings (including value-addedtaxes)orotherchargesofwhatevernaturenoworhereafter imposed by any jurisdiction or by any politicalsubdivision or taxing authority thereof or thereinwith re-specttopaymentsmadebyorfortheBorrowerhereunderorunderanyLoanDocumentandallinterest,penaltiesorsimilarliabilitieswithrespectthereto.

“Taxing Jurisdiction”means,withrespecttoanyLender,anyjurisdictionotherthan(a)ajurisdiction(otherthanNewYork)throughwhichpaymentstosuchLenderbytheBorrowerunderanyLoanDocumentshallbemadeand(b)thejurisdictionunderthelawsofwhichsuchLenderisorganizedorestablished.

“Total Commitment”means,onanyday,theag-gregateCommitmentsonsuchdayofalltheLenders.TheoriginalaggregateprincipalamountoftheCommitmentsisU.S.$1,000,000,000.

“U.S.”or“United States”meanstheUnitedStatesofAmerica.

“Wholly Owned”means,withrespecttoanycor-porateentity,anyPersonofwhich100%oftheoutstandingcapital stock (other thanqualifyingshares, ifany)havingby its termsordinaryvotingpower(notdependentonthehappeningofacontingency)toelecttheboardofdirectors(orequivalentcontrollinggoverningbody)ofthatPerson,isatthetimeownedorControlleddirectlyorindirectlybythatcorporateentity,byoneormorewhollyownedSubsidiariesofthatcorporateentityorbythatcorporateentityandoneormorewhollyownedSubsidiaries.

1.02 PrinciplesofConstruction


(a) ThemeaningssetforthfordefinedtermsinSection1.01orelsewhereinthisAgreementshallbeequallyapplicabletoboththesingularandpluralformsofthetermsdefined.

(b) Unlessotherwisespecified,allref-erencesinthisAgreementtoSections,Annexes,Exhibits,and Schedules are to Sections, Annexes, Exhibits, andSchedulesinortothisAgreement.

(c) The headings of the Sections inthisAgreementareincludedforconvenienceonlyandshallnot inanywayaffect themeaningorconstructionofanyprovisionofthisAgreement.

(d) Acknowledging that the partiesheretohaveparticipatedjointlyinthenegotiationanddraft-ingofthisAgreement,ifanyambiguityorquestionofintentorinterpretationarisesastoanyaspectofthisAgreement,thenthisAgreementwillbeconstruedas ifdrafted jointlybyeachofpartiesheretoandnopresumptionorburdenofproofwillarisefavoringordisfavoringanypartybyvirtueoftheauthorshipofanyprovisionofthisAgreement.

(e) References in thisAgreement ortheNotes to any belief, decision, discretion or other ac-tion held, made, determined, exercised or taken by theAdministrativeAgentoranyLendershallmeananysuchbelief,decision,discretionorotheractiontobeheld,made,determined,exercisedortakeningoodfaithtotheextentrequiredunderthelawsoftheStateofNewYork.

(f) Anyreferencehereinto“including”shallmean“includingwithoutlimitation.”

(g) References to any document oragreement, includingthisAgreement,shallbedeemedtoinclude references to suchdocumentsor agreementsasamended,supplementedorreplacedfromtimeto time inaccordancewithitstermsand(whereapplicable)subjecttocompliancewiththerequirementssetforththerein.

(h) Unlessthecontextrequiresother-wise(i)anyreferencehereintoanyPersonshallbecon-strued to includesuchPerson’ssuccessorsandassigns,and(ii)anyreferencetoanylaworregulationhereinshall,unlessotherwisespecified,refertosuchlaworregulationasamended,modifiedorsupplementedfromtimetotimeortothesuccessorlaworregulation.

SECTION 2. THE LOANS

2.01 Commitments

. Each Lender, severally and not jointly with the otherLenders,agreestoextendtotheBorrower,subjecttothetermsandconditionsofthisAgreement,oneormoretermloansinU.S.Dollars(each,a“Loan”andcollectively,the“Loans”), theaggregateprincipalamountofwhichshallnotexceedtheTotalCommitment.

2.02 MechanicsforRequestingaLoan

. TheBorrowershall requestdisbursementof theLoansinwriting by using a request substantially in the form ofExhibitC hereto (the “Loan Request”). Each LoanRe-quest shall be irrevocable and binding on the BorrowerandshallbegiventotheAdministrativeAgentnolaterthan10:00a.m.(NewYorktime)three(3)BusinessDaysbeforetheproposedDisbursementDate (orsuchshorterperiodasmaybeagreedbytheAdministrativeAgentactinguponthedirectionofallLenders).TheAdministrativeAgentshallpromptlyprovidetotheLendersacopyofeachLoanRe-questreceivedfromtheBorrower.

2.03 Funding

(a) SubjecttothetermsofthisAgree-ment,eachLendershallmakeavailableontheapplicableDisbursementDatesuchLender’sProportionateShareoftheLoansrequestedinthecorrespondingLoanRequestinimmediatelyavailablefundstotheAdministrativeAgentviaFedWireorSWIFT,toarriveby1:00p.m.NewYorktimetothefollowingaccount,orsuchotheraccountasnotifiedfromtimetotimebytheAdministrativeAgenttotheLend-ersinwriting(the“Loan Facility Account”):

AccountName:LoanOperationsDepart-ment Reference:EMP/EMPRESASPÚBLICASDEMEDELLÍNE.S.P.,2015 Bank:TheBankofTokyo-MitsubishiUFJ,Ltd. ABANo.:026-009-632 AccountNo:9777-0191

SWIFT ID: BOTKUS33 Attention:AgencyDesk

(b) TheAdministrativeAgentshallim-mediatelytransfertheproceedsfundedpursuanttoSection2.03(a)inimmediatelyavailablefundstotheBorroweronthesamedayviaFedWireorSWIFTtotheaccountdesig-natedbytheBorrowerintheLoanRequest.

(c) Oneachdayonwhichadisburse-ment is made by a Lender, the unutilized and availableamountoftheCommitmentofsuchLendershallbereducedbytheamountofsuchdisbursement.NotwithstandinganyprovisionofthisAgreementtothecontrary,noLendershallberequiredtomakeanydisbursementhereunderif,asaresult thereof, the unutilized and available amount of itsCommitmentwould therebybeexceeded. Amountsbor-rowedandrepaidorprepaidhereundermaynotberebor-rowed.

(d) TherightsandobligationsofeachLenderareseveralandnotjointorjointandseveral.ThefailureofaLender to fund itsProportionateShareofanydisbursementshallnotrelieveanyotherLenderofitsobli-gationunderthisAgreementtofunditsProportionateShareof any such disbursement on the relevant DisbursementDate.ThefailurebyanyLendertoperformitsobligations

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hereundershallnotaffect theobligationsof theBorrowertowardsanyotherpartyheretonorshallanyLenderortheAdministrativeAgentberesponsible for the failureofanyotherLendertoadvanceitsProportionateShareofanydis-bursement.

(e) Each Lender at its option maymakeanyLoanbycausinganylendingofficeofsuchLend-erlocatedoutsideColombiatomakesuchLoan;provided,however, that theexerciseofsuchoptionshallnotaffecttheobligationof theBorrower to repaysuchLoan inac-cordancewiththetermsofthisAgreementandsuchLoanbysuchlendingofficeshallnotresult inanyobligationtoreimburseorpaycostsinconnectionwithSection2.09 or Section4.01.

2.04 MinimumAmountsforEachDisbursement

TheBorrowershall request thateachdisbursementun-derthisAgreement(otherthanthefinaldisbursement)beinaminimumamountofonehundredmillionU.S.Dollars(US$100,000,000)or,ifless,theremainingbalanceoftheavailableamountofTotalCommitmentsandinincrementsoffivemillionU.S.Dollars(US$5,000,000)inexcessthere-of.Thereshallbenomorethanfive(5)disbursementsforalloftheLoans.Amaximumofone(1)disbursementpercalendarmonthshallbemadebytheLendersduringtheAvailabilityPeriod.

2.05 Termination and Reduction of Commit-ments

(a) The Borrower may terminate theTotalCommitment,orreducetheamountthereof,withoutpaymentofanypremiumorpenaltythereof,bygivingwrit-tennotice to theAdministrativeAgentnot later than5:00P.M.on the thirdBusinessDayprior to thedateof suchterminationorreduction.ReductionsoftheTotalCommit-ment shall be apportioned among the Lenders and shallreduce each Lender’s Commitment according to suchLender’sProportionateShareandshallbeintheamountofU.S.$5,000,000or in integralmultiplesofU.S.$1,000,000inexcessthereof.

(b) In theeventaChangeofControloccurs, theCommitmentsshallautomaticallyandperma-nentlyterminate.

2.06 Notes

(a) The Borrower’s obligation to paytheprincipalofandinterestontheLoanstoeachLendershallbeevidencedbyapromissorynotewithblankspacesanditscorrespondingletterofinstructions(pagaré con es-pacios en blanco y carta de instrucciones)substantiallyintheformofExhibitD(each,a“Note”).EachNoteshallbevalidandenforceableastoitsprincipalamountatanytimeonlytotheextentoftheamountdisbursedandoutstandingundertheLoanevidencedthereby;and,astointerest,onlyto theextentof the interestaccruedthereon. EachNote

shallbe(i)payabletotheorderof theapplicableLender,(ii)datedtheAgreementDateand(iii)payableatthedatereferredtointhecorrespondingInstructionsLetter.OntheAgreementDate,theBorrowershallprovidetotheAdmin-istrativeAgentfordistributiontoeachLender(i)adulyexe-cutedNoteforeachLenderand(ii)adulyexecutedInstruc-tionsLettersubstantiallyintheformofExhibitB,pursuanttowhichtheBorrowerauthorizestheapplicableLendertocompletetheNoteissuedinaccordancewiththisSection2.06.

(b) In case of loss, theft, partial orcompletedestructionormutilationofaNote,theapplicableLendershallbeentitledtorequesttotheBorrower,andtheBorrowershallpromptly (but inanyeventwithin ten (10)BusinessDaysofsuchnotice)executeanddelivertosuchLender in lieu thereof a newNote, dated the samedateasthelost,stolen,destroyedormutilatedNote,inreplace-mentoftheNote;providedthat,inthecaseofanymutilatedNote,suchmutilatedNoteshallbereturnedtotheBorrowerand,inthecaseofanylost,stolenordestroyedNote,theBorrowershallhavefirst receivedevidenceofsuch loss,theftordestructionasshallreasonablybeconsideredsat-isfactorybytheBorrower.EachLendershall,priortodeliv-eryofanyreplacementNotebytheBorroweralsocomplywith theproceduresestablishedbyarticles802to821oftheCommercialCodeand398ofLaw1564of2012ofCó-digo General del Proceso (onceitisruledeffectivebytheColombianCouncilof theJudiciary (Consejo Superior de la Judicatura))oranyotherApplicableLawinconnectionwiththecaseofloss,theft,partialorcompletedestructionormutilationofaNote.IntheeventthatanylostorstolenNoteissubsequentlyfound,suchLendershallimmediatelynotify theBorrower inwriting, cancel suchNote and de-liversuchcancelledNotetotheBorrower;provided further thattheBorrowershallhavealreadydeliveredasubstituteNote to theAdministrativeAgent. SuchLender shall re-imburseand indemnify theBorrower forandagainstanyandalldirectliabilities,obligations,losses,damages,pen-alties,claims,actions,judgments,suits,costs,expensesordisbursementsofwhatsoeverkindornaturewhichmaybeimposedon,assertedagainstorincurredbytheBorrowerinanywayrelatingtoorarisingoutofsuchLender’sNotebeinglost,stolenordestroyed,excludinganysuchliabili-ties, obligations, losses, damages, penalties, claims, ac-tions,judgments,suits,costs,expensesordisbursementscausedbytheBorrower.AllreplacementNotesissuedinconnectionwiththisAgreementshallbesignedbyanAu-thorizedOfficeroftheBorrower.

(c) The payment of any part of theprincipalofanysuchNoteshalldischargetheobligationoftheBorrowerunderthisAgreementtopayprincipaloftheLoanevidencedbysuchNotepro tanto,andthepaymentof any principal of a Loan in accordancewith the termshereofshalldischargetheobligationsoftheBorrowerun-dertheNoteevidencingsuchLoan pro tanto.

(d) Upon discharge of all obligationsoftheBorrowerundertheLoanevidencedbyaNote,theLender holding such Note shall cancel such Note andpromptlyreturnittotheBorrower.


(e) TheNotesshallonlybesold,as-signedortransferredinaccordancewiththeprovisionsofthisAgreementandApplicableLaw.

(f) Each Lender agrees and cove-nantsthatitwillnotdeclareanyamountsoutstandingunderanyNote(oranyinterestthereon)tobedueandpayableprior to its stated maturity thereof except in accordancewiththeprovisionsofthisAgreement.

(g) Inthecaseofapermittedassign-mentpursuanttoSection11.03,(i)ifrequestedbytheas-signeeandifsuchassignmentisoftheentireLoan(s)heldbytheLender,theLendershalldelivertotheAdministrativeAgentforfurtherdeliverytotheBorrowerconcurrentlywiththeexecutionanddeliverybytheBorrowertotheAdminis-trativeAgentofthenewNotesinthemannercontemplatedinclause(ii)below,theNoteheldbysuchassigningLenderevidencingsuchLoan(foranyassigningLender,togetherwith the related Instructions Letter, the “Existing Notes” ofsuchassigningLender)and(ii) if requestedbytheas-signingLenderortherelevantassignee,theAdministrativeAgentshallaspromptlyasreasonablypracticablerequestthattheBorrower,andtheBorrowerherebyagreesto,exe-cuteanddelivertotheAdministrativeAgentaspromptlyasreasonablypracticable(forfurtherdeliverytosuchassign-ingLender(ifapplicable)andsuchassignee)anewNoteorNotes(togetherwiththerelatedInstructionsLetter)evi-dencingtheLoanheldbysuchassigningLender(ifappli-cable)andsuchassignee(inexchangeforExistingNotestotheextentsuchassignmentisoftheentireLoan(s)heldbytheassigningLender).

2.07 Interest

(a) Interest.

(i) The Borrower agrees topay interest in respect of the unpaid principal amount ofeachLoanfromtheapplicableDisbursementDateuntilthematuritythereof(whetherbyaccelerationorotherwise),ata rateper annumequal toLIBOR for the InterestPeriodplustheApplicableMargin.

(ii) Notwithstanding the fore-going,ifanyprincipaloforinterestonanyLoanoranyfeeorotheramountpayablebytheBorrowerhereunderisnotpaidwhendue,whetheratstatedmaturity,uponaccelera-tionorotherwise,suchoverdueamountshallbearinterest,afteraswellasbeforejudgment,atarateper annumequaltotheratewhichis2.0%inexcessoftheratethenapplica-bletotheLoanpursuanttoSection2.07(a)(i).Thepartieshereto acknowledge that, as of theAgreementDate, thepaymentofinterestoninterest(asdescribedinthisSection2.07(a)(ii)), including default interest, is prohibited underColombianlawascurrentlyineffect,subjecttoapplicabilityoftherulessetforthinArticle886oftheCommercialCode,it being understood that any outstanding interest obliga-tions that remainunpaid formore thanone (1)yearmay(upon thesatisfactionof the rulesset forth inArticle886oftheCommercialCode)besubjecttointerestoninterestunderColombianlawascurrentlyineffect.

(iii) Interest shall be payableoneachInterestPaymentDate,anduponthepaymentorprepayment thereof (butonlyon theamountpaidorpre-paid).

(iv) All computations of inter-esthereundershallbemadeontheactualnumberofdayselapsedoverayearof360days.

(v) On each Interest Deter-mination Date, the Administrative Agent shall determineLIBORfor therelevantInterestPeriodandshallpromptlynotify theBorrowerand theLenders thereof. Eachsuchdeterminationshall,absentmanifesterror,befinalandcon-clusiveandbindingonallpartieshereto.

(vi) Innoeventshalltheinter-est applicable under thisAgreement exceed the interestratelimitssetforthbyApplicableLaw.

(b) AlternateRateofInterest.

(i) IftheAdministrativeAgentshallhavedetermined(whichdeterminationshallbecon-clusiveandbindingforallpurposes,absentmanifesterror),or theRequiredLendershaveadvised theAdministrativeAgent,atanytimethat:

(ii) on any Interest Determi-nationDate,U.S.DollardepositsofsufficientamountandmaturityforfundingadisbursementarenotavailabletotheRequiredLenders in theLondon interbankmarket in theordinarycourseofbusiness;or

(iii) on any Interest Determi-nationDate,byreasonofcircumstancesaffectingtherel-evantmarket,adequateandfairmeansdonotexistforas-certainingtherateofinteresttobeapplicabletoaLoan;or

(iv) on any Interest Determi-nationDate,therelevantrateofinterestreferredtointhedefinitionofLIBORthatistobeusedtodeterminetherateofinterestforaLoandoesnotcoverthefundingcosttotheRequiredLendersofmakingormaintainingtheLoan;or

(v) ithasbecomeunlawfulatanytimeforanyLendertomakeormaintainLoansbaseduponLIBOR;

thentheAdministrativeAgentshallnotifytheBor-rowerandtheLendersthereof.

Upon receipt of such notice, (A) the Borrower’srighttorequestthemakingbyanyaffectedLenderof,andtheaffectedLender’sobligationstomakeavailableorcon-tinue tomaintain, itsProportionateShare of the affectedLoanbaseduponLIBORshallbesuspended,and(B)eachsuch Lender’s Proportionate Share of the affected Loanshall insteadbearinterestattherateperannumequaltothesumof(x)theAlternativeBaseRate,plus(y)theAp-

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plicableMargin,itbeingexpresslyunderstoodandagreedthatthesameAlternativeBaseRateandApplicableMarginshall apply forall Lenderssoaffectedeffectiveasof thedateofeffectivenessofsuchevent.

2.08 Fees

(a) The Borrower agrees to pay totheAdministrativeAgent for the account of each LenderoneachInterestPaymentDateandonthelastdayoftheAvailabilityPeriod(or,ifsuchdayisnotaBusinessDay,onthe immediatelyprecedingBusinessDay),acommitmentfee (the “Commitment Fee”), at a rate per annum equalto30%oftheApplicableMarginonthedailyaverageun-usedanduncancelledportionoftheCommitmentofsuchLender. TheCommitmentFeedue toeachLendershallcommencetoaccrueontheClosingDate,shallbepayableinarrearsandshallceasetoaccrueonthelastdayoftheAvailabilityPeriod.

(b) TheBorroweragreestopaytotheAdministrativeAgentfortheaccountoftheAdministrativeAgent,ortheLenders,asthecasemaybe,inDollars,anyandall feespayable in theamountsandat the timessetforthintheFeeLetters.

(c) Allfeespayablehereunder,undertheFeeLettersandundertheotherLoanDocumentsshallbepaidonthedatesdue,inimmediatelyavailablefunds,totheAdministrativeAgentfordistribution,ifapplicable,totheLenders.FeespaidinaccordancewiththisAgreement,theFeeLettersandtheotherLoanDocumentsshallnotberefundableunderanycircumstances.

2.09 AdditionalorIncreasedCosts

(a) If,duetoanyRegulatoryChangethat:(i)changesthebasisoftaxationofanyamountspay-abletoanyLender(otherthan(A)CoveredTaxes,(B)Tax-esdescribedinclauses(b)through(d)ofthedefinitionofExcludedTaxes,and(C)ConnectionIncomeTaxes);(ii)im-poses,modifies or holds applicable any reserve, specialdeposit, deposit insuranceor similar requirement, includ-inganycompulsoryloanrequirement,insurancechargeorotherassessment(otherthan,foranyperiodforwhichtheaffectedLenderissubjecttoaCapitalAdequacyRequire-ment, the reserves against “Eurocurrency liabilities” un-derRegulationDoftheBoardofGovernorsoftheUnitedStatesFederalReserveSystem)againstassetsof,depos-itswithor for theaccountof,orLoanextendedby,suchLender; or (iii) imposesanyother conditionaffecting thisAgreementortheNoteheldbyanyLender,andtheeffectofanyoftheforegoingistoincreasethecosttosuchLend-erofmakingormaintaininganyofitsLoanortoreduceanyamountreceivedorreceivablebysuchLenderhereunder(whetherofprincipal, interestorotherwise),thentheBor-rowershallfromtimetotime,uponwrittendemandbysuchLender,pay to theAdministrativeAgent for thebenefitofsuchLender,additionalamountssufficienttocompensatesuchLenderforsuchincreasedcostorreductionsuffered.

(b) Each demand for payment by aLenderunderthisSection2.09,shallbeaccompaniedbyacertificateshowinginreasonabledetailthebasisforthecalculationoftheamountsdemandedingoodfaith,whichcertificate, intheabsenceofmanifesterror,shallbecon-clusive and binding for all purposes. The Borrower shallpaysuchLender,asthecasemaybe,theamountshownasdueonanysuchcertificatewithintwenty(20)BusinessDaysafterreceiptthereof.

(c) No Lender shall be entitled todemand or be compensated for any additional amountsunder this Section 2.09 (i) to the extent that such addi-tionalamountsrelatetoanyperiodoftimemorethanonehundred eighty (180) days prior to the date upon whichsuchLenderfirstnotifies theBorrowerofsuchadditionalamounts,or(ii) ifsuchLender iscausingtheincrementalcosttobeincurredforareasonnotprovidedforinSection2.09(a)above.

(d) If theBorrower isrequiredtopayanyamount toaLenderpursuant to thisSection2.09, itmayprepay theportionof theLoanheldbysuchLenderinaccordancewithSection3.02.Notwithstandinganythingtothecontraryherein, theprovisionsofSections3.02(a),3.04(b) and 3.04(c)shallnotapplytoanysuchprepayment.

2.10 Breakage Costs, Other Expenses andLosses

The Borrower agrees to compensate each Lender,promptlyuponitswrittenrequest(whichrequestshallsetforth in reasonable detail the basis for requesting suchcompensation),forallreasonableanddocumentedlosses,expensesandliabilitieswhichsuchLendermaysustain(in-cludinganyloss,expenseorliabilityincurredbyreasonoftheliquidationorreemploymentofdepositsorotherfundsrequiredbysuchLendertofunditsportionoftheLoan,butexcludinganylossofanticipatedprofits)if:(i)theBorrowerfailstoborrowinaccordancewithaLoanRequest,(ii)theBorrowerfailstomakeavoluntaryprepaymentoftheLoanonanInterestPaymentDatethereforinaccordancewithaprepaymentnoticegivenpursuant toSection3.02,or(iii)theBorrowerotherwiseprepaystheLoanonanydateoth-erthananInterestPaymentDatetherefor.EachLender’scalculationoftheamountofcompensationowingpursuantto thisSection2.10shallbemade ingood faithand inacommerciallyreasonablemanner.ALender’sbasisforre-questingcompensationpursuant to thisSection2.10 and aLender’scalculationof theamount thereofmade inac-cordancewiththerequirementsofthisSection2.10shall,absentmanifesterror,befinalandconclusiveandbindingonallpartieshereto.TheBorrowershallpaysuchLender,asthecasemaybe,theamountshownasdueonanysuchcertificatewithin twenty (20) BusinessDays after receiptthereof.

2.11 Illegality

Notwithstanding any other provision herein, if after theAgreementDatetheadoptionoforanychangeinanyAp-plicableLawor inthe interpretationorapplicationthereof


byacompetentGovernmentalAuthorityshallmakeitun-lawfulforanyLendertomakeormaintainanyofitsLoansas contemplatedby thisAgreementand theNotes, suchLendershallgivenoticethereoftotheAdministrativeAgentand theBorrowerdescribing in reasonabledetail the rel-evant provisionsof suchApplicable Law, followingwhich(a)theCommitmentofsuchLendershallforthwithbesus-pendeduntilsuchLendernotifiestheAdministrativeAgentandtheBorrowerthatthecircumstancescausingsuchsus-pensionnolongerexistand(b)ifsuchApplicableLawshallsomandate,suchLender’sLoans thenoutstandingshallbeprepaidbytheBorroweronorbeforethedaterequiredandpermittedbyApplicableLaw,togetherwithallaccruedinterestthereon(unlessactionstakenpursuanttoSection2.12shallmakesuchprepaymentunnecessary).

2.12 ReplacementofLenders

(a) Onandafter the initialDisburse-mentDate,(i)upontheoccurrenceofanyeventgivingrisetotheoperationofSection2.09withrespecttoanyLenderthatresultsinsuchLenderchargingtotheBorroweraddi-tionalorincreasedcosts,(ii)uponanyadoptionorchangeofthetypedescribedinSection2.11,or(iii)theBorrowerbeingrequiredtocompensateanyLenderpursuanttoSec-tion4.01, to theextent suchcompensation results solelyfrom a Regulatory Change after the initial DisbursementDate, then such Lender shall use reasonable efforts todesignateadifferent lendingofficeforfundingorbookingitsLoanshereunderortoassignitsrightsandobligationshereundertoanotherofitsoffices,branchesoraffiliates,if,inthereasonablejudgmentofsuchLender,suchdesigna-tionorassignment(x)wouldeliminateorreduceamountspayable pursuant to Sections 2.09 or 4.01, as the casemaybe,inthefuture,orwouldeliminateorreducetheef-fectofanyadoptionorchangedescribed inSection2.11 or(y)wouldnotsubjectsuchLendertoanyunreimbursedcostorexpenseandwouldnototherwisebedisadvanta-geoustosuchLender.TheBorrowerherebyagreestopayall reasonable and documented out-of-pocket costs andexpenses incurredbyanyLender inconnectionwithanysuchdesignationorassignment.

(b) Onandafter the initialDisburse-mentDate,(i)upontheoccurrenceofanyeventgivingrisetotheoperationofSection2.09withrespecttoanyLenderthatresultsinsuchLenderchargingtotheBorroweraddi-tionalorincreasedcosts,(ii)uponanyadoptionorchangeof the type described inSection 2.11, (iii) in the case ofa refusal byaLender to consent toaproposedchange,waiver,dischargeorterminationwithrespecttothisAgree-mentwhichhasbeenapprovedbytheRequiredLendersasprovidedinSection11.06(b),or(iv)theBorrowerbeingrequired to compensate any Lender pursuant to Section4, to theextent suchcompensation results solely fromaRegulatoryChangeaftertheinitialDisbursementDate,theBorrowershallhavetherightatitssoleexpenseandeffort,if(A)noEventofDefaultthenexistsorwouldexistaftergiv-ingeffecttosuchreplacement,(B)inthecaseofanysuchassignmentresultingfromaclaimforcompensationunderSection2.09or payments required to bemadepursuanttoSection4,suchassignmentwillresult inareductioninsuchcompensationorpaymentsand(C)inthecaseofany

suchassignmentresultingfromanyadoptionorchangeofthetypedescribedinSection2.11,suchassignmentwouldeliminateor reduce theeffectofanyadoptionor changedescribedinSection2.11,toreplacesuchLender(the“Re-placed Lender”)withoneormoreassigneeLenders(col-lectively, the “Replacement Lenders”); provided that, atthetimeofanyreplacementpursuanttothisSection2.12,eachReplacementLendershallenterintoanAssignmentandAssumptionAgreementpursuant toSection11.03(b)(ii), pursuant towhich theReplacement Lender shall ac-quiretheapplicableportionoftheoutstandingLoanduetotheReplacedLender,andshallpaytotheReplacedLenderinrespectthereofanamountequaltotheprincipalof,andallaccruedintereston,theacquiredportionoftheLoanoftheReplacedLenderplusallotheramountspayabletoRe-placedLenderhereunder.ALendershallnotberequiredtomakeanysuchassignmentanddelegationif,priorthereto,asaresultofawaiverbysuchLenderorotherwise,thecir-cumstancesentitlingtheBorrowertorequiresuchassign-mentanddelegationceasetoapply.

(c) Upontheexecutionoftherespec-tiveAssignmentandAssumptionAgreement,thepaymentofanyapplicableamountreferredtointheprovisotoSec-tion2.12(b),recordationoftheassignmentontheRegisterby theAdministrativeAgent pursuant toSection11.03(e) anddeliverytotheReplacementLender(s)oftheappropri-ateNote(s)executedbytheBorrower,eachReplacementLender shall become a Lender hereunder and the Re-placedLendershallceasetoconstituteaLenderhereun-der,exceptwithrespecttoindemnificationprovisionsunderSections10.06 and 11.08 of thisAgreement,which shallsurviveastosuchReplacedLender.

SECTION 3. PAYMENTS

3.01 Repayment;Time,PlaceandManner

TheentireoutstandingprincipalamountoftheLoanshallmature and become due and payable, and shall be un-conditionallyrepaidbytheBorrower to theAdministrativeAgentforthebenefitoftheLenders,ontheMaturityDate.

3.02 VoluntaryPrepayment

TheBorrowermayfromtimetotime,withoutpremiumorpenalty,prepayalloranypartof theLoansonanyInter-estPaymentDate;provided, however, that: (a)anypar-tialprepaymentshallbeinaminimumprincipalamountofU.S.$10,000,000oramultipleofU.S.$5,000,000inexcessthereof;(b)theBorrowershallhavegiventheAdministra-tiveAgentatleastfive(5)BusinessDays’priorwrittenno-ticeof theproposedprepaymentdateand theamountofprincipaltobeprepaid(whichnoticeshallbeirrevocable)and(c)theBorrowershallhavepaidinfullallamountsthendueunderthisAgreementasofsuchprepaymentdate,in-cludinginterestwhichhasaccruedtotheprepaymentdateontheamountbeingprepaidandanyamountsunderSec-tion2.10.

3.03 MandatoryPrepayment

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In theeventaChangeofControloccurs, theBorrowershallprepayinfullanamountequalto100%ofallofthethenoutstandingprincipalamountoftheLoanswithinthirty(30)daysfromtheoccurrenceofsuchChangeofControl,togetherwithaccruedinteresttothedateofsuchprepay-ment.TheBorrowershallnotifytheAdministrativeAgentofanyprepaymentpursuanttothisSection3.03atleastfivedaysbeforethedatesuchChangeofControl isconsum-mated.Promptly following thereceiptofanysuchnotice,theAdministrativeAgent shall advise the Lenders of thecontentsthereof.

3.04 Payments;ProRataTreatment

(a) The Borrower shall make eachpaymenthereunderorunderanyNote(includingprincipaland interest)withoutset-offorcounterclaimandnot laterthan11:00a.m.(NewYorktime)onthedaywhendue,inDollars to theAdministrativeAgent to theaccountdesig-natedbytheAdministrativeAgenttotheBorrowerinwritingpriortothedatehereof(ortoanyotheraccountoutsideofColombiaspecifiedbytheAdministrativeAgentinwritingatleastfive(5)BusinessDayspriortotheapplicablepaymentdate),inimmediatelyavailablefunds.PaymentsreceivedbytheAdministrativeAgentafter1:00p.m.(NewYorktime)onanyBusinessDayshallbedeemedtobereceivedonthenextBusinessDay.

(b) The Administrative Agent agreesthat,promptlyafter its receiptofanypayment fromoronbehalfoftheBorrowerpursuanttoSection3.04(a)aboveitshall(exceptasotherwiseexpresslyprovidedinthisAgree-ment) distribute such payment to the Lenders pro rata basedupontheirrespectiveshare,ifany,oftheobligationswithrespecttowhichsuchpaymentwasreceived,provided thatthisclause(b)shallnotapplytopaymentsorprepay-mentstoanyLenderinconnectionwithaclaimunderSec-tions2.09,2.10,2.11 or Section4.Ifatanytimeinsufficientfundsare receivedbyandavailable to theAdministrativeAgenttopayfullyallamountsofprincipal,interestandfeesthenduehereunder, such funds shall beapplied (i) first,towardspaymentofinterestandfeesthenduehereunder,ratably among the parties entitled thereto in accordancewith the amounts of interest and fees then due to suchparties,and(ii)second,towardspaymentofprincipalthenduehereunder,ratablyamongthepartiesentitledtheretoinaccordancewiththeamountsofprincipalandthenduetosuchparties.

(c) IfanyoftheLendersshall,whetherbyvoluntarypayment,byrealizationuponsecurity,throughtheexerciseofanyrightofset-offorbanker’slien,bycoun-terclaimorcrossactionorbytheenforcementofanyrightunderthisAgreementoranyNote,receivepaymentoftheaggregateamountofprincipalorinterestthendueandow-ingtotheLenderswhichisgreaterthantheproportionduetosuchLender, thensuchLender receivingsuchpropor-tionatelygreaterpaymentshall(i)notifytheAdministrativeAgentandeachotherLenderof the receiptofsuchpay-mentand (ii)purchase (forcashat facevalue)participa-tionsintheLoansofotherLendersinaccordancewithSec-tion11.03(c)totheextentnecessarysothatthebenefitofallsuchpaymentsshallbesharedbytheLendersratably

in accordancewith the aggregate amount of principal ofandaccrued interest on their respectiveLoans;provided that(i)ifanysuchparticipationsarepurchasedandalloranyportionofthepaymentgivingrisetheretoisrecovered,such participations shall be rescinded and the purchasepricerestoredtotheextentofsuchrecovery,withoutinter-est, and (ii) theprovisionsof thisparagraphshall notbeconstruedtoapplytoanypaymentmadebytheBorrowerpursuant toand inaccordancewith theexpress termsofthisAgreementoranypaymentobtainedbyaLenderasconsiderationfortheassignmentoforsaleofaparticipa-tioninanyofitsLoanstoanyassigneeorparticipant,otherthantotheBorroweroranySubsidiaryorAffiliatethereof(astowhichtheprovisionsofthisparagraphshallapply).TheBorrower consents to the foregoing.This clause (c)shallnotapplytopaymentsorprepaymentstoanyLenderinconnectionwithaclaimunderSections2.09,2.10,2.11 or 4.

3.05 ExtensionofPaymentDates

Unless otherwise provided herein, whenever any pay-menttotheAdministrativeAgentortheLendersunderthisAgreement or anyNote shall be due (otherwise than byreasonofacceleration)onadaythatisnotaBusinessDay,thedateofpaymentthereofshallbeextendedtothenextsucceedingBusinessDay;provided,however,thatwithre-spect to thepaymentofprincipalof,and intereston, theLoansontheMaturityDate,ifsuchdateisnotaBusinessDay,thedateofpaymentthereofshallbemadeonthenextprecedingBusinessDay.

SECTION 4. TAXES

4.01 CoveredTaxes

(a) Any and all payments by or onaccountofanyobligationoftheBorrowerunderanyLoanDocumentshallbemadewithoutdeductionorwithholdingforanyTaxes,exceptasrequiredbyApplicableLaw.IftheBorrowershallberequiredbyApplicableLawtowithholdordeductanyTaxes fromor in respectofanysuchsumpayabletoorforthebenefitoftheAdministrativeAgentorany Lender, then theBorrower shall be entitled tomakesuchdeductionorwithholdingandshalltimelypaythefullamountdeductedorwithheldtotherelevanttaxingauthor-ity or other authority in accordance withApplicable Lawand,ifsuchTaxisaCoveredTaximposedbyaTaxingJu-risdiction,thenthesumpayablebytheBorrowershallbeincreasedasnecessary so that aftermakingall requireddeductions (including deductions applicable to additionalsumspayableunderthisSection4.01)suchLenderortheAdministrativeAgentreceivesanamountequaltothesumitwouldhavereceivedhadnosuchdeductionsbeenmade(subject,inanycase,toSection11.03incaseofanassign-mentoftheLoans).

(b) The Borrower shall indemnifyeachLenderortheAdministrativeAgentforthefullamountofCoveredTaxesimposedbyaTaxingJurisdictionthatarepaid by suchLender or theAdministrativeAgent (includ-inganyCoveredTaxes imposedbyaTaxingJurisdiction


onamountspayableunderthisSection4.01arisingthere-fromorwithrespectthereto),whetherornotsuchCoveredTaxeswerecorrectlyorlegallyasserted.EachLenderortheAdministrativeAgentshallgivenoticetotheBorroweroftheassertionofanyclaimagainstsuchLenderortheAd-ministrativeAgentrelatingtoitsCoveredTaxesaspromptlyaspossible(andinanyeventwithinthirty(30)days)afterreceiptofformalwrittennoticeofsuchassertion,provided thatfailurebyaLenderortheAdministrativeAgenttopro-videanysuchnoticewithinninety (90)daysshall relieveBorrower of its obligation to indemnify the Lender or theAdministrativeAgentpursuanttothisSection4.01.Withinten(10)BusinessDaysofreceiptofanysuchnoticefromaLender or theAdministrativeAgent, theBorrower shalleither:

(i) advisesuchLenderortheAdministrativeAgentthatitintendstoindemnifysuchLend-erortheAdministrativeAgentinrespectofsuchCoveredTaxespursuanttothisparagraph(b),inwhichcaseitshallpromptlyindemnifyinrespectofsuchamounts,or

(ii) advisesuchLenderortheAdministrativeAgentthat it intendstocommenceaGoodFaithContestwith respect tosuchCoveredTaxesat theBorrower’s solecostandexpense, inwhichcase it shallpromptlycommencesuchGoodFaithContest.

(c) ExcepttotheextentofanyGoodFaithContestwithrespecttoCoveredTaxes,anindemnitymadebytheBorrowerpursuanttothisindemnificationshallbemadewithinThirty (30)BusinessDaysafter thedatetherelevantLendermakeswrittendemandtherefor,whichdemandshallbeaccompaniedbyacertificatedescribinginreasonabledetailthebasisthereof.IftheBorrowershallhave commenced a Good Faith Contest with respect toanysuchCoveredTaxesandno indemnitypaymenthasbeenmadetotheLender,andsuchCoveredTaxesareulti-matelydeterminedtobepayablebytherelevantLenderinafinaljudicialproceedingorotherwise,theBorrowershallindemnifysuchLenderortheAdministrativeAgentforsuchCoveredTaxesandforanyotherliabilityincludingpenaltiesandinterestchargedbytherelevanttaxingauthorityarisingtherefromorwithrespectthereto.

(d) Withinten(10)daysafterthedateofanyindemnificationofCoveredTaxesbytheBorrower,theBorrowershallfurnishtotheLenderortheAdministra-tiveAgenttheoriginaloracertifiedcopyofareceiptevi-dencing indemnification thereof or, if later, promptly afterthedateonwhichitreceivessuchreceiptandtheBorrowershallpromptly furnish to theLenderor theAdministrativeAgentanyotherinformation,documentsandreceiptsthattheLenderor theAdministrativeAgentmay from time totimereasonablyrequesttoestablishtoitssatisfactionthatfullandtimely indemnificationhasbeenmadeofallCov-eredTaxesrequired tobe indemnifiedunder thisSection4.01.

(e) If theAdministrativeAgentoranyLenderdeterminesingoodfaiththatithasfinallyandirre-vocablyreceivedorbeengrantedarefundinrespectofanyCoveredTaxesastowhichindemnificationhasbeenmade

bytheBorrowerpursuanttothisSection4.01,itshallwithinten(10)daysafterthedatetheAdministrativeAgentoranyLenderhasreceivedorbeengrantedarefund,remitsuchrefund(includinganyinterestreceivedinrespectthereof),netofallreasonableTaxesandout-of-pocketcostsandex-pensespayableasaresult thereof, to theBorrower;pro-vided,thattheBorroweragreestopromptlyreturnanysuchrefund to theAdministrativeAgentor therelevantLenderintheeventtheAdministrativeAgentorsuchLenderisre-quiredtorepaysuchrefundtotherelevanttaxingauthority.TheAdministrativeAgent and each Lender shall providetheBorrowerwithacopyofanynoticeofassessment(oranysimilardocumentation)fromtherelevanttaxingauthor-ity (redactinganyunrelatedConfidential Informationcon-tained therein) requiring repaymentofsuch refund. ThisparagraphshallnotbeconstruedtorequiretheAdministra-tiveAgentoranyLendertomakeavailableitsTaxreturns(oranyotherinformationrelatingtoitsTaxesthatitdeemsconfidential)totheBorroweroranyotherPerson.

(f) If theAdministrativeAgentoranyLender is entitled to an exemption from or reduction ofwithholdingTaxwithrespecttopaymentsmadeunderanyLoanDocument, it shall deliver to the Borrower and theAdministrativeAgent,at the timeor times reasonably re-questedbytheBorrowerortheAdministrativeAgent,suchproperlycompletedandexecuteddocumentation reason-ablyrequestedbytheBorrowerortheAdministrativeAgentaswillpermitsuchpaymentstobemadewithoutwithhold-ingoratareducedrateofwithholding.Inaddition,theAd-ministrativeAgentoranyLender, ifreasonablyrequestedby theBorroweror theAdministrativeAgent,shalldeliversuchotherdocumentationprescribedbyapplicablelaworreasonably requestedby theBorroweror theAdministra-tiveAgentaswillenabletheBorrowerortheAdministrativeAgenttodeterminewhetherornotsuchLenderissubjecttobackupwithholdingorinformationreportingrequirements.TheAdministrativeAgent and each Lender agree that ifanyformorcertificationtheypreviouslydeliveredexpiresor becomes obsolete or inaccurate in any respect, theyshallupdatesuchformorcertificationorpromptlynotifytheBorrower and theAdministrativeAgent in writing of theirlegal inability to do so. Notwithstanding anything to thecontraryintheprecedingthreesentences,thecompletion,executionandsubmissionofsuchdocumentationshallnotbe required if in the Lender’s reasonable judgment suchcompletion, execution or submission would subject suchLender toanymaterialunreimbursedcostorexpenseorwouldmateriallyprejudicethelegalorcommercialpositionofsuchLender.

SECTION 5. CONDITIONS PRECEDENT

5.01 ConditionsPrecedenttoEffectiveness

ThisAgreementandtheobligationsoftheLenderstomaketheirfirstLoanhereundershallbecomeeffectiveonthedateonwhichtheAdministrativeAgentshallhavereceivedeachofthefollowingdocumentsoreachofthefol-lowingconditionsshallhavebeensatisfied,asapplicable,whichdateshallfallonorpriortoJanuary12,2016(suchdate,the“Closing Date”),eachofwhichshallbesatisfac-torytotheAdministrativeAgent(andtotheextentspecified

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below,toeachLender)informandsubstance(orsuchcon-ditionshallhavebeenwaived):

(a) ThisAgreement.ThisAgreementshallhavebeendulyauthorized,fullyexecutedanddeliv-eredbythepartieshereto,shallbeinfullforceandeffectandoriginalsshallhavebeendeliveredtotheAdministra-tiveAgent (with evidence that thisAgreement has beenregisteredwith theappropriateauthorities inColombia, ifsuchregistrationisrequiredunderApplicableLaw).

(b) ExistenceandAuthority. The Ad-ministrativeAgentshallhavereceivedacertificatesignedbyanAuthorizedOfficerof theBorrower,datedasof theClosingDate, substantially in the form of Exhibit E,withrespectto(i)theauthorityoftheBorrowertoexecute,de-liver,performandobservethetermsandconditionsoftheLoanDocuments;(ii)theauthority(includingspecimensig-natures)foreachPersonwho,onbehalfoftheBorrower,signedanyLoanDocument;and(iii) theBorrower’svalidexistenceunderthelawsofColombia.

(c) Governmental Approvals. The AdministrativeAgentshallhave receivedcopies,certifiedas true copies by anAuthorizedOfficer of theBorrower,of each consent, license, authorization or approval of,andexemptionby,anyGovernmentalAuthority(includingaresolutionissuedbytheMinistryofFinanceauthorizingtheexecutionoftheAgreement),allofwhicharesetforthon Schedule6.01(b):(i)fortheexecution,delivery,perfor-mance,andobservancebytheBorroweroftheLoanDocu-ments,includingallapprovalsrelatingtotheavailabilityandtransferofU.S.DollarsrequiredtomakeallpaymentsdueundertheLoanDocuments;and(ii)forthevalidity,bindingeffect,andenforceabilityoftheLoanDocuments.

(d) LegalOpinions. TheAdministra-tiveAgent shall have received opinions dated as of theClosingDateof(i)MosqueraAbogados,Colombiancoun-sel to theBorrower,substantially in the formofExhibitF,(ii)Milbank,Tweed,Hadley&McCloy,NewYorkcounseltotheBorrower,substantiallyintheformofExhibitG,(iii)Skadden,Arps,Slate,Meagher&Flom,NewYorkcounseltotheAdministrativeAgentandtheLenders,coveringsuchmatters relating to the transactions contemplated herebyastheAdministrativeAgentmayreasonablyrequest,and(iv)Brigard&UrrutiaAbogados,ColombiancounseltotheAdministrativeAgentandtheLenders,coveringsuchmat-ters relating to the transactions contemplated hereby astheAdministrativeAgentmayreasonablyrequest,and, ineachcase,addressedtotheLendersandtheAdministra-tiveAgent.

(e) Appointment of Process Agent. TheAdministrativeAgent shall have received delivery ofevidence that (i) theBorrower has irrevocably appointedasitsagentforserviceofprocessthePersonorPersonssospecifiedinSection9.03,and(ii)thedesignatedagenthasacceptedtheappointment(andbeenpaidinfullbytheBorrower) fora termextendingat leastoneyearbeyondtheMaturityDateandhasagreedtoforwardforthwithtotheBorroweralllegalprocessaddressedtotheBorrowerthatisreceivedbysuchagent.

(f) Fees. The Borrower shall havepaidtotheAdministrativeAgentandeachLender,asap-plicable,orshallhaveauthorizeddeductionsthereoffromtheproceedsofthefirstdisbursement,thefeesdueundertheAgentFeeLetterorunderSection11.08(a)(includingfeesandexpensesofcounsel).

(g) Borrower Financial Statements. TheAdministrativeAgentshallhavereceivedcopiesoftheBorrowerFinancialStatements.

(h) Note. The Administrative AgentshallhavereceivedadulyexecutedNoteandanInstruc-tionsLetterwithrespecttheretoforeachLenderissuedinaccordancewithSection2.06.

(i) KYC. To theextent requestedatleastthree(3)BusinessDayspriortotheClosingDatebytheAdministrativeAgentoranyLender,theAdministrativeAgentorsuchLender,asthecasemaybe,shallhavere-ceivedsuchrequesteddocumentsrequiredtocomplywiththeirrespective“knowyourcustomer”procedures.

(j) Closing Certificate. TheAdminis-trativeAgentshallhavereceivedacertificatesignedbyanAuthorizedOfficeroftheBorrower,datedasoftheClosingDate,certifying(i)thattheconditionsspecifiedinSections5.02(b) and (d)havebeensatisfiedasoftheClosingDate,and(ii)thattherehasbeennoeventorcircumstancesinceDecember31,2014thathashadorcouldbereasonablyexpectedtohave,eitherindividuallyorintheaggregate,aMaterialAdverseEffect.

5.02 Conditions Precedent to Each Disburse-ment

TheobligationofeachLendertomakeanydisbursement(includingthefirstdisbursement)shallbesubjecttothesat-isfaction(orwaiverby theAdministrativeAgentactingonthe instruction each of the Lenders), prior to themakingofsuchdisbursement,ofeachof thefollowingconditionsprecedent:

(a) ClosingDate. TheClosingDateshallhaveoccurred.

(b) No Potential Default or Event ofDefault.NoPotentialDefaultorEventofDefaultshallhaveoccurredandbecontinuingbothbeforeand immediatelyaftergivingeffect to theLoansand theapplicationof theproceedsthereof.

(c) LoanRequest.TheAdministrativeAgentshallhavereceivedadulyexecutedandcompletedLoanRequest.

(d) Representations and Warranties. TherepresentationsandwarrantiesmadebytheBorrowerin thisAgreementshallbetrueandcorrect inallmaterialrespectsonandasoftheDisbursementDatebothbeforeandimmediatelyaftergivingeffecttotheLoansandtheap-


plicationoftheproceedsthereof;provided thatrepresenta-tionsandwarrantiesqualifiedastomaterialityshallbetrueandcorrectinallrespectsasofsuchdate.

SECTION 6. REPRESENTATIONS AND WARRANTIES

6.01 Representations and Warranties of theBorrower

TheBorrowerrepresentsandwarrants,asoftheAgree-mentDate,theClosingDate,andasofeachDisbursementDate,that:

(a) ExistenceandAuthority. The Bor-rowerisdulyorganizedandvalidlyexistingunderthelawsof Colombia, has all requisite power, authority and legalrighttoownitspropertyandcarryonitsbusinessasnowconducted,andhastakenallactionsnecessarytoautho-rizeittoexecute,deliver,perform,andobservethetermsandconditionsoftheLoanDocuments.

(b) GovernmentalApprovals. All con-sents, licenses,permits,authorizationsandapprovalsof,andexemptionsby, anyGovernmentalAuthority that arenecessary:(i)fortheexecution,delivery,performanceandobservanceby theBorrowerof theLoanDocuments, in-cludingapprovalsrelatingtotheavailabilityandtransferofU.S.DollarsrequiredtomakeallpaymentsdueundertheLoanDocuments;and(ii)forthevalidity,bindingeffectandenforceabilityoftheLoanDocuments,have,ineachcase,beenobtainedandareinfullforceandeffect,assetforthon Schedule6.01(b).

(c) Recordation. To ensure the le-gality, validity, enforceability, priority or admissibility inevidenceinColombiaofanyoftheLoanDocuments,itisnotnecessary thatanyof theLoanDocumentsbe regis-tered,recorded,enrolledorotherwisefiledwithanycourtorGovernmentalAuthority,exceptassetforthinSchedule6.01(b),orbenotarized;orthatanydocumentary,stamporothersimilartax,impositionorchargeofanykindbepaidonorinrespectofanyoftheLoanDocuments,exceptassetforthinSchedule6.01(b).

(d) Restrictions.Theexecution,deliv-eryandperformanceorobservancebytheBorrowerofthetermsof,andconsummationbytheBorrowerofthetrans-actionscontemplatedby,thisAgreementdonotandwillnotconflictwithorresultinabreachorviolationof:(i)theEs-tatutos SocialesoftheBorrower;(ii)anylawofColombiaoranyotherordinance,decree,constitutionalprovision,regu-lation or other requirement of anyGovernmentalAuthor-ity ineffectasof thedateonwhichthisrepresentation ismade;or(iii)anyorder,writ,injunction,judgment,decreeorawardofanycourtorothertribunal.Further,theBor-rower’sexecutionanddeliveryoftheLoanDocuments,theperformanceandobservanceofitsobligationsthereunder,andtheconsummationofthetransactionscontemplatedbythisAgreementdonotandwillnotconflictinanymaterialrespectwithorresultinamaterialbreachofanymaterialagreementorinstrumenttowhichtheBorrowerisaparty

or towhich itoranyof itsrevenues,propertiesorassetsmaybe subject, or result in the creationor impositionofanyLienuponanyoftherevenues,propertiesorassetsoftheBorrowerpursuanttoanysuchmaterialagreementorinstrument.

(e) BindingEffect.TheBorrowerhasdulyexecutedanddeliveredeachLoanDocumentonorbefore theAgreementDate. Each LoanDocument con-stitutes a direct, general, and unconditional obligation oftheBorrowerthatitslegal,valid,andbindingupontheBor-rowerandenforceableagainsttheBorrowerinaccordancewithitsrespectiveterms,exceptassuchenforceabilitymaybe limitedbyColombianpublicorder laws,applicable in-solvency,reorganization,liquidation,moratorium,readjust-ment of debt or other similar laws affecting the enforce-mentofcreditors’rightsgenerally,andbytheapplicationofgeneralprinciplesofequity,regardlessofwhethersuchen-forceabilityisconsideredinaproceedingatlaworinequity.

(f) ChoiceofLaw.UndertheconflictoflawsprinciplesinColombia,thechoiceoflawprovisionsofthisAgreementandanyNotearevalid,bindingandnotsubjecttorevocationbytheBorrower,andinanyproceed-ings brought in Colombia for enforcement of thisAgree-mentandanyNote, thechoiceof the lawof theStateofNewYorkasthegoverninglawofsuchdocumentswillberecognizedandsuchlawwillbeapplied.Notwithstandingthe foregoingoranything to thecontrary inSection9.01,all matters governing the authorization and execution oftheLoanDocumentsbytheBorroweraregovernedbyandconstruedinaccordancewiththelawsofColombia.

(g) CommercialActivity.Exceptas(i)providedforinArticles192,195,298and299ofLaw1437of2011 (Código de Procedimiento Administrativo y de lo Contencioso Administrativo)and (ii)Articles684and513of theColombianCivil ProcedureCode (Código de Pro-cedimiento Civil) (whichwill be gradually superseded byArticles 593, 594 and 595 et al subject to the entry intoforceofLaw1564of2012(Código General del Proceso)pursuanttothetermsofarticle627,paragraph6thereof),theBorroweracknowledgesthattheexecutionandperfor-manceofthisAgreementandeachotherLoanDocumentisacommercialactivityandtotheextentthattheBorrowerhasorhereaftermayacquireanyimmunityfromanylegalaction,suitorproceedings,fromjurisdictionofanycourtorfromset-offoranylegalprocess(whetherserviceornotice,attachmentpriortojudgment,attachmentinaidofexecu-tionofjudgment,executionofjudgmentorotherwise)withrespecttoitselforanyofitspropertyorassets,whetherornotheldonitsownaccount,theBorrowerherebyirrevoca-blyandunconditionallywaivesandagreesnottopleadorclaimsuchimmunityinrespectofitsobligationsunderthisAgreementoranyotherLoanDocument.

(h) LegalProceedings. There are no actions, suits, litigation, arbitration or administrative pro-ceedingspendingor,tothebestoftheBorrower’sknowl-edge and belief, threatened against the Borrower whicharereasonablylikelytobeadverselydeterminedand,ifad-verselydetermined,couldreasonablybeexpectedtohaveaMaterialAdverseEffect.

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(i) BorrowerFinancialStatements.

(i) The Borrower FinancialStatementspresentfairlyinallmaterialrespectsthefinan-cialconditionoftheBorroweranditsconsolidatedsubsid-iariesatthedateofsuchstatementsandtheresultsoftheoperationsoftheBorroweranditsconsolidatedsubsidiar-ies for thefiscal yearorother timeperiod towhichsuchstatementsrefer,inthecaseofunauditedFinancialState-ments,subject tochangesresultingfromauditandnomi-nal year-end adjustments and the absence of footnotes.TheBorrowerFinancialStatementswereprepared inac-cordancewithColombianGovernmentEntityGAAPor,foranyfinancial statements in respectofperiodscommenc-ingonorafterJanuary1,2015,IFRSconsistentlyapplied.ExceptasreflectedintheBorrowerFinancialStatements,therearenoliabilitiesorobligationswithrespecttotheBor-roweroranyofitsconsolidatedsubsidiariesofanynaturewhatsoever(whetherabsolute,accrued,contingentoroth-erwise,andwhetherornotdue)fortheperiodtowhichtheBorrowerFinancialStatementsrelatethat,eitherindividu-allyorintheaggregate,wouldbemateriallyadversetotheBorrower.

(ii) Since thedateof the lat-estauditedfinancialstatementsoftheBorrowerdeliveredtotheLendershereunder,therehasbeennoevent,condi-tionorcircumstancethathashadorcouldreasonablybeexpectedtohaveaMaterialAdverseEffect.

(j) Anti-Money Laundering Laws. NoneoftheBorrower,anyofitsSubsidiaries,oranydirec-tororofficeror,totheBorrower’sknowledge,employeeoragentoftheBorroweroranyofitsSubsidiaries,isviolatinganyAnti-moneyLaunderingLaws.

(k) Sanctions.NoneoftheBorrower,anyofitsSubsidiaries,oranydirectororofficeror,totheBorrower’sknowledge,employeeoragentoftheBorroweroranyof itsSubsidiaries, isaSanctionedPersonorhasanycommercialdealingswith,orinvestmentsin,anySanc-tionedCountry.

(l) No Event of Default or PotentialDefault.NoEventofDefaultandnoPotentialDefaulthasoccurredandiscontinuing.

(m) NoMaterialAdverseEffect. The Borrower is not aware of any information or events thathaveresulted,orthatcouldreasonablybeexpectedtore-sult,inaMaterialAdverseEffectrelatingtotheBorrower.

(n) Compliance with Laws. Each oftheBorroweranditsMaterialSubsidiariesisincompliancewithallApplicableLaws(includingenvironmentallaws),allGovernmentalApprovalsheldbyorbindingupontheBor-roweroritsassetsandallapplicablerestrictionsimposedby allGovernmentalAuthorities, domestic or foreign, ex-cept where the failure to comply with Applicable Laws(other thanAnti-CorruptionLaws,Anti-MoneyLaunderingLaws,orSanctions),suchGovernmentalApprovalsorre-

strictions, individually or in theaggregate, could not rea-sonablybeexpectedtoresultinaMaterialAdverseEffect.

(o) Regulation.

(i) Investment Company. TheBorrowerisnotan“investmentcompany”asdefinedintheInvestmentCompanyActof1940.

(ii) Margin Stock. The Bor-rowerisnotengagedprincipally,orasoneofitsimportantactivities, in thebusinessofextendingcredit for thepur-pose,whetherimmediate,incidentalorultimate,ofbuyingorcarrying“marginstock”withinthemeaningofRegulationU,andnopartoftheproceedsoftheLoanswillbeusedforthepurpose,whetherimmediate,incidentalorultimate,ofbuyingorcarryinganysuch“marginstock”.

(p) Taxes.

(i) The Borrower has timelyfiledorcausedtobefiledallmaterialTaxreturnsandre-portsrequiredtohavebeenfiledandhaspaidorcausedtobepaidallmaterialTaxesrequiredtohavebeenpaidbyit,exceptTaxes thatarecontestedby theBorroweronatimelybasisingoodfaithandbyappropriateproceedings.

(ii) There are no Taxes im-posedbyColombiaeither(x)onorbyvirtueoftheexecu-tion,enforcementoradmissibility intoevidenceofanyoftheLoanDocumentsoranyofthetransactionstherebyor(y)onanypaymenttobemadepursuanttoanyLoanDocu-ment.

(q) ValidityunderColombianlaw. The LoanDocumentsareinproperformunderColombianlawfortheirenforcementthereof.Toensurethelegality,valid-ity or enforceability of, and the priority of the obligationsincurredbytheBorrowerundertheLoanDocumentsinCo-lombia,orestablishtheadmissibility intoevidenceofanyoftheLoanDocumentsinanycourtinColombia,itisnotnecessary that any LoanDocument be filed or recordedwithanyColombiangovernmentalagencyorbodyorcourt,exceptforthosereferredtoinSchedule6.01(b),orthatanystamporsimilartaxbepaidinColombiaonorinrespectofanyLoanDocumentforitsenforcementinColombia.

(r) RecognitionofFinalJudgments. A finaljudgmentforafixedorreadilycalculablesumofmon-eyrenderedbyanycourtoftheStateofNewYorkortheUnitedStatesofAmericalocatedintheStateofNewYorkbased upon any of the Loan Documents (excluding theNotes)wouldbedeclaredenforceable in theRepublicofColombiainthecourtsoftheRepublicofColombiaagainsttheBorrowerwithoutreexamination,reviewofthemeritsofthecauseofactioninrespectofwhichtheoriginaljudgmentwasgivenorre-litigationofthemattersadjudicated;provid-ed,however,thatrecognitionofsuchjudgmentinColombiashallbesubjecttoColombianproceduralApplicableLaws,inparticularColombia’sCodeofCivilProcedure (Código de Procedimiento Civil)(whichwillbeabrogatedbyarticle251 of Law1564 of 2012 (Código General del Proceso)


once it isruledeffectivebytheColombianCouncilof theJudiciary(Consejo Superior de la Judicatura)).

(s) Disclosureof Information. No in-formationthathasbeenmadeavailabletotheAdministra-tiveAgentoranyLenderortherepresentativesoragentsof the foregoing by or on behalf of theBorrower in con-nectionwith the transactionscontemplatedhereby, takenas awhole, contains any untrue statement of amaterialfact or omits to state amaterial fact necessary tomakethestatementsmadethereinnotmisleadinginlightofthecircumstancesinwhichtheyaremade;providedthatwithrespecttoanyprojectedfinancialinformation,theBorrowerrepresentsonlythatsuchinformationwaspreparedingoodfaithbaseduponassumptionsbelievedtobereasonableatthetime.

(t) Properties. The Borrower hasgood title to, or valid leasehold interests in, all materialpropertynecessary toconduct itsbusinessasconductedfromtimetotimeingoodworkingorderandcondition,ex-cepttotheextentfailuretodosocouldnotreasonablybeexpectedtohaveaMaterialAdverseEffect.

(u) Insurance. The Borrower main-tainsinsurancewithfinanciallysoundandreputableinsur-ersagainstlosses,damagesorotherrisks(including,with-outlimitation,risksandliabilitytoPersonsandproperty)toitsassetsandpropertiesasarecustomarilymaintainedbyprudentandexperiencedPersonsengagedinthesameorsimilarbusinessesoperatinginthesameorsimilarjurisdic-tionsandtheBorrowerdeems,initsreasonablejudgment,tobeappropriate.

(v) Ranking. The payment obliga-tionsoftheBorrowerunderthisAgreementandtheNoteswill at all timesconstitute thedirect, general, unsecured,unsubordinated andunconditional obligations of theBor-rower and rank in all respects at leastpari passu in pri-orityofpaymentwithallothersenior,unsecuredandun-subordinatedExternalIndebtednessoftheBorrower,otherthanthatwhichispreferredsolelybytheinsolvencyand/orbankruptcyApplicableLawsofColombia,includingLaw550of1999ofColombia(“Law 550”).

(w) InternationalBankingFacility. The Borrower, an entity located outside the United States ofAmerica,understands that it is thepolicyof theBoardofGovernorsoftheU.S.FederalReserveSystemthatexten-sionsof creditby internationalbanking facilities, suchastheLoanhereunder,maybeusedtofinancethenon-U.S.operationsoftheBorrowerortheBorrower’sSubsidiarieslocatedoutsidetheUnitedStates.

(x) UseofProceeds.45%ofthepro-ceedsof theLoanshallbeused to fund the investmentsrequired inconnectionwith theItuangoProject,while theremaining55%shallbeusedto fundthe investmentsre-quiredinconnectionwiththeBorrower’s2015-2022invest-mentplan.

(y) Anti-bribery. None of the Bor-rower,anyofitsSubsidiaries,nortotheknowledgeoftheBorrower, any director, officer, agent, employee or otherpersonactingonbehalfoftheBorroweroranyofitsSub-sidiaries is aware of or has taken any action, directly orindirectly,thatwouldresult inaviolationbysuchpersonsofanyapplicableAnti-CorruptionLaws.Furthermore,theBorroweranditsSubsidiarieshaveinstitutedandmaintainpoliciesandproceduresdesignedtopromoteandachieve,andwhicharereasonablyexpectedtocontinuetopromoteandachieve,continuedcompliancetherewith.

SECTION 7. COVENANTS

7.01 AffirmativeCovenantsoftheBorrower

.TheBorrowercovenantsandagreesthat,untilallamountsowingunder theLoanDocuments (other thancontingentindemnificationobligations)havebeenpaidinfull,theBor-rowershall:

(a) Notice ofDefaults. Promptly butinnoeventlaterthanten(10)BusinessDaysaftertheBor-rowerbecomesawareoftheoccurrenceofanEventofDe-fault, furnish to theAdministrativeAgentwrittennoticeoftheparticularsofsuchoccurrenceandthecorrectiveactionproposedtobetakenbytheBorrowerwithrespectthereto.

(b) FinancialReports. No later thanonehundredandeighty(180)daysaftertheendofeachoftheBorrower’sfiscalyears,commencingwiththefiscalyearendingDecember31,2015,theBorrowershallfurnishtotheAdministrativeAgentacopyoftheBorrower’sannualconsolidated financial statements, including its balancesheet,statementofincome,andstatementofcashflowforthatfiscalyear,allofwhichshallhavebeenauditedbyanindependentaccountingfirmof internationally recognizedstanding. The Borrower shall furnish to theAdministra-tiveAgent,nolaterthanninety(90)daysaftertheendofeachoftheBorrower’sfiscalquarters,acopyoftheBor-rower’s quarterly unaudited unconsolidated interim finan-cialstatements.AllfinancialreportstobesubmittedtotheAdministrativeAgentshallbepreparedinaccordancewithColombianGovernmentEntityGAAPor, foranyfinancialstatements in respectofperiodscommencingonorafterJanuary1,2015,IFRS,asthecasemaybe,ineachcaseas consistently applied, shall be in theEnglish language(oraccompaniedbyanaccurateEnglishtranslation),shall(in thecaseof theBorrower’sannualconsolidatedfinan-cialstatements)includetheauditor’sopinionandanyac-companyingnotes,andshall fairlypresent inallmaterialrespectsthefinancialconditionoftheBorrowerandthere-sultsofitsoperationsfortheperiodscovered.

(c) Inspections. The Borrower willpermit, upon reasonable prior notice and during normalbusiness hours, representatives of the AdministrativeAgent or any Lender, at their own cost and expense, tomakenomorethanthree(3)inspectionsper annumoftheBorrower’sbooksandrecords,andcausetheofficersandemployeesoftheBorrowertogivefullcooperationandas-sistanceinconnectiontherewith;providedthat,ifanEvent

26


ofDefaulthasoccurredandiscontinuingtheBorrowerwillreimburse theAdministrativeAgentandanysuchLenderforsuchcostsandexpenses,andthenumbersofinspec-tionspermittedpursuanttothisSection7.01(c)shallbeasreasonablydeterminedbytheAdministrativeAgentortheLender,asthecasemaybe.TheAdministrativeAgentandtheLendersshallusereasonableeffortstocoordinatesuchvisitsandinspectionsinordertoreducetheirnumber,fre-quencyandcost.

(d) GovernmentApprovals.Promptlyobtainandmaintainallconsents,licenses,permits,authori-zationsandapprovalsof,andexemptionsby,anyGovern-mentalAuthoritythatarenecessary:(i)fortheexecution,delivery,performance,andobservancebytheBorroweroftheLoanDocuments,includingallapprovalsrelatingtotheavailabilityandtransferofU.S.DollarsrequiredtomakeallpaymentsdueundertheLoanDocuments;and(ii)forthevalidity,bindingeffectandenforceabilityoftheLoanDocu-ments.

(e) Pari Passu. Ensure that itspay-mentobligationsunderthisAgreementandtheNoteswillatalltimesconstitutethedirect,general,unsecured,unsubor-dinatedandunconditionalobligationsoftheBorrowerandrankinallrespectsatleastpari passuinpriorityofpaymentwithallothersenior,unsecuredandunsubordinatedExter-nalIndebtednessoftheBorrower,otherthanthatwhichispreferred solely by the insolvencyand/or bankruptcyAp-plicableLawsofColombia, includingLaw550of1999ofColombia.

(f) Other Acts. From time to time,do andperformany andall acts and, subject to its hav-ingreceivedanyrequiredpriorapprovaloftheMinistryofFinance,executeanyandalldocumentsasmaybenec-essary or as reasonably requested by theAdministrativeAgentinordertoeffectthepurposesofthisAgreementandto protect the rights of theAdministrativeAgent and theLendershereunderandundertheNotes(andexecutionofanysuchdocumentsbytheBorrowershallbedeemedtobeacertificationthatsuchMinistryofFinanceapprovalhasbeenobtained).

(g) MaterialAdverseEffect.Assoonaspracticable,butinanyeventnolaterthanten(10)Busi-nessDaysafterithasknowledgeofthesame,providenoti-ficationtotheAdministrativeAgentofanyMaterialAdverseEffect.

(h) CompliancewithLaws. The Bor-rowerwill,andwilluseitsreasonablebesteffortstocauseeachofitsMaterialSubsidiariesto,complywithallApplica-bleLaws(includingenvironmentallaws),allGovernmentalApprovalsheldbyorbindingupon itor itsassetsandallapplicable restrictions imposed by all Governmental Au-thorities,domesticorforeign,inrespectoftheconductofitsbusinessandtheownershipofitsproperty,except(unlesssuchnon-compliancerelatestoanyAnti-CorruptionLaws,Anti-MoneyLaunderingLawsorSanctions) to theextentanynon-complianceisnotreasonablyexpectedtohaveaMaterialAdverseEffect.

(i) MaintenanceofExistence.(a)Ex-cept as otherwise permitted bySection 7.02(b), theBor-rowershallmaintainitscorporateexistence,and(b)takeallreasonableactionstomaintainallrights,privilegesandthelikenecessaryordesirableinthenormalconductofbusi-ness,activitiesoroperations,excepttotheextentfailuretodosocouldnotreasonablybeexpectedtohaveaMaterialAdverseEffect.

(j) PreservationofAssets. The Bor-rowershallmaintainallmaterialpropertynecessarytocon-duct itsbusinessasconductedfromtimetotime ingoodworkingorderandcondition,excepttotheextentfailuretodosocouldnotreasonablybeexpectedtohaveaMaterialAdverseEffect.

(k) Insurance. The Borrower shallmaintain insurance on its material property with finan-cially sound and reputable insurance companies againstsuchrisks,ofsuchtypes,onsuchpropertiesandinsuchamountsasmayfromtimetotimebeprudentfortheBor-rower’sbusinesses,asdeterminedbytheBorrowerintheexerciseofitsreasonablejudgment.

(l) Use of Proceeds. TheBorrowershalluse45%oftheproceedsoftheLoantofundthein-vestmentsrequiredinconnectionwiththeItuangoProject,and the remaining55% to fund the investments requiredin connection with the Borrower’s 2015-2022 investmentplan.NopartoftheproceedsoftheLoanwillbeusedbytheBorrowertodirectlyorindirectly,immediately,inciden-tallyorultimatelypurchaseor carryanyMarginStockortoextendloanstoothersforthepurposeofpurchasingorcarryinganyMarginStockortorefinanceorrefundindebt-ednessoriginallyincurredforsuchpurposeortofundtheU.S.operationsoftheBorrowerortheBorrower’saffiliates.

(m) Taxes.TheBorrowershallfilealltaxreturnsrequiredtobefiledinanyjurisdictionandpayanddischargeall taxesshowntobedueandpayableonsuch returns and all other taxes, assessments, govern-mentalcharges,concessionfeesorleviesimposedonitoranyofitsproperty,incomeorfranchises,totheextentsuchtaxes and assessments have become due and payableandbefore theyhavebecomedelinquent, andall claimsforwhichsumshavebecomedueandpayablethathaveormightbecomeaLien(other thanaPermittedLien)onits Property exceptwhere (i) the amount, applicability orvalidityofsuchtax,assessmentofclaimiscontestedbytheBorroweronatimelybasisingoodfaithandbyappropriateproceedingsor(ii)thefailuretodosocouldnotreasonablybeexpectedtohaveaMaterialAdverseEffect.

(n) Books and Records. The Bor-rowershallkeepproperbooksandrecordsandaccountsadequatetoreflecttrulyandfairlyinallmaterialrespectsitsfinancialconditionandresultsofoperations inconformitywithColombianGovernmentEntityGAAPorIFRS(asap-plicable)andApplicableLaw.

(o) Environmental Report. No laterthan90daysaftertheendofeachoftheBorrower’sfiscal


years,commencingwiththefiscalyearendingDecember31,2015, theBorrowershall furnish to theAdministrativeAgentanEnvironmentalReport.

7.02 NegativeCovenantsoftheBorrower

TheBorrowercovenantsandagreesthat,untilallamountsowingunder theLoanDocuments (other thancontingentindemnificationobligations)andtheNoteshavebeenpaidinfull.

(a) Liens. The Borrower shall not,andshallnotpermitanyofitsMaterialSubsidiariesto,di-rectlyorindirectlycreate,incur,assume,permitorsuffertoexistanyLiens,exceptPermittedLiens.

(b) Merger, Consolidation, Dissolu-tion,andSale.

(i) The Borrower shall notmerge or consolidate with any other entity, dissolve orterminate its legalexistence,or,directlyor indirectly,sell,lease,transferorotherwisedisposeof,orpermitanyofitsMaterial Subsidiaries to sell, lease, transfer or otherwisedispose of all or substantially all of the properties of theBorroweranditsMaterialSubsidiaries(takenasawhole),unlessineachcase(1)foranysuchtransactioninvolvingtheBorrower,thesuccessorentityorentities,eachofwhichshallbeorganizedunderthelawsofColombiaoranycoun-trythatisamemberoftheOrganizationforEconomicCo-operationandDevelopment(OECD),shallassumealltheobligationsoftheBorrowerunderthisAgreementandtheNotes,(2)immediatelyaftergivingeffecttothetransaction,noEventofDefaultorPotentialDefaultshallhaveoccurredandbecontinuing,and(3)foranysuchtransactioninvolv-ing theBorrower, theBorrowerdeliverssuchcertificates,opinions of its counsel and other documents regardingsuchtransactionasmayberequiredbytheAdministrativeAgentinformandsubstancereasonablysatisfactorytotheAdministrativeAgent.

(ii) For the avoidance ofdoubt: (A) inadditiontotheforegoingpermittedtransac-tions, the following transactions are expressly permittedunderthisSection7.02(b):(1)mergersandconsolidationsofSubsidiariesintotheBorrower,and(2)mergers,consoli-dations,sales,leases,transfers,divestituresorreorganiza-tionsamongSubsidiaries;and(B)nothing in thisSection7.02(b)shallprohibittheBorroweroranySubsidiaryfromenteringintobuild-lease-transfer,build-operate-transferorsimilarprojectfinancingarrangements,providedthatsucharrangementsarefor(x)newgreenfieldprojectsor(y)theexpansionofexistingprojectassetsorpropertiesinwhichsuch arrangements extend only to the expansion assetsandnotinanysubstantialrespecttotheexistingassets.

(c) Sanctions. The Borrower shallnot,directlyorindirectly,usetheproceedsoftheLoans,orlend,contributeorotherwisemakeavailablesuchproceedstoanySubsidiary,jointventurepartnerorotherPerson,(i)tofundanyactivitiesorbusinessoforwithanySanctioned

Person,orinanySanctionedCountry,inamannerthatvio-latesSanctions,or(ii)inanyothermannerthatwouldresultina violationofSanctionsbyanypartyhereto, includinganyPersonparticipatingintheLoan.

(d) Anti-MoneyLaunderingLaws. The Borrowerwillnot(i)directlyorindirectlyusetheproceedsof the Loans, or (ii) lend, contribute or otherwise makeavailableproceedsoftheLoanstoitsSubsidiaries,anydi-rector, officer, employee, or agent of the Borrower or itsSubsidiaries,jointventurepartnerorotherPerson,inanymannerthatwouldresult inaviolationofanyAnti-MoneyLaunderingLawsbyanyPerson.

(e) ChangeinBusiness.TheBorrow-ershallnotengageinanyactivitiesorbusinessessubstan-tiallydifferentthananyactivitiesorbusinessesconductedby theBorrower or its Subsidiaries as of theAgreementDateoranyactivitiesorbusinesses reasonablyancillary,complementaryorrelatedthereto.

(f) Transactions withAffiliates. The Borrower will not, and will not permit any Material Sub-sidiary to, enter into any transaction or series of relatedtransactionswithanyAffiliateof theBorrower,other than(i) on terms and conditions substantially as favorable totheBorroweraswouldreasonablybeobtainedatthattimein a comparable arm’s-length transaction with a PersonotherthansuchAffiliateand(ii)asotherwisepermittedorrequiredunder theBorrower’sCodeofCorporateGover-nance.

(g) RegulationU.TheBorrowershallnotusetheproceedsofanyLoan,whetherdirectlyorindi-rectly,andwhether immediately, incidentallyorultimately,topurchaseorcarrymarginstock(within themeaningofRegulation U of the Board of Governors of the FederalReserveSystemof theUnitedStates)or toextendcredittoothersforthepurposeofpurchasingorcarryingmarginstockortorefundindebtednessoriginallyincurredforsuchpurpose.

(h) Anti-Corruption. The BorrowershallnotuseanypartoftheproceedsoftheLoans,directlyorindirectly,foranypaymentthatwouldconstituteaviola-tionofanyapplicableAnti-CorruptionLaws.

SECTION 8. EVENTS OF DEFAULT AND REMEDIES

8.01 EventsofDefault

Eachofthefollowingeventsorconditionsshallbean“Event of Default”:

(a) anyfailurebytheBorrowertopaywhendueanyamountowingunderaLoanDocument(un-less in respect of any payment other than a payment ofprincipal,therelevantamountispaidinfullwithinfive(5)BusinessDaysoftheduedatethereof);

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(b) any failure by the Borrower tocomplywithitsobligationsunderSections7.01(a),(e),(g),(i) or (l),orSection7.02;

(c) any representation or warrantymadeby theBorrower inanyLoanDocumentor in con-nectiontherewith,oranystatementmadeinanycertificate,reportorfinancialstatementfurnishedbytheBorrower,hasbeendemonstratedtohavebeenfalseormisleadinginanymaterial respectwhenmade or deemedmade,provided thatsuchfalseormisleadingstatementshallnotconstituteanEventofDefaultifsuchconditionorcircumstanceis(i)subjecttocureand(ii)thefactsorconditionsgivingrisetosuchmisrepresentationormisstatementarecuredinsuchamanneras toeliminatesuchmisrepresentationormis-statementwithin30(thirty)daysaftertheBorrower’shav-ingknowledgethereof;

(d) anyfailurebytheBorrowertoper-formorcomplywithanyofthecovenantsorprovisionssetforthinanyLoanDocument(exclusiveofanyeventsspeci-fiedasanEventofDefaultinanyothersubsectionofthisSection8.01),whichfailureremainsuncuredforaperiodofthirty(30)days;

(e) (i) any event specified in anyagreementorinstrumentunderwhichtheremaybeissued,orbywhichtheremaybesecuredorevidenced,ExternalIndebtednessof theBorroweroranyMaterialSubsidiarythereof shall occur and shall result in such External In-debtednessinanaggregateprincipalamountinexcessofU.S.$fiftymillion(U.S.$50,000,000)(oritsequivalent)be-comingorbeingdeclareddueandpayablepriortothedateonwhich itwould otherwise havebecomedueandpay-able;or(ii)theBorrowerfailstomakeanypaymentwhendue (whether by scheduled maturity, required payment,acceleration,demand,orotherwise)inrespectofExternalIndebtednessinanaggregateprincipalamountinexcessofU.S.$fiftymillion(U.S.$50,000,000)(oritsequivalent),andsuchfailureshallcontinueafter theapplicablenoticeand grace period, if any, specified in the correspondingagreementsorinstruments;

(f) (A)(i)theBorrowershallbeunablegenerallytopayitsdebtsastheyfalldueorshalladmitinwritingitsinabilitytopayitsdebtsastheyfalldueorshallbecomeinsolvent;(ii)theBorrowershallapplyfororcon-senttotheappointmentofanyliquidator,receiver,trustee,síndico, conciliador or administrator for all or a substan-tial part of its business, properties, assets, or revenues;or(iii)a liquidator,receiver, trustee,oradministratorshallbeappointedfortheBorrowerandsuchappointmentshallcontinueundismissed,undischargedorunstayedforape-riodofninety(90)days;(B)theBorrowershallinstitute(bypetition, application, answer, consent or otherwise) anybankruptcy, arrangement, readjustment of debt, dissolu-tion, liquidation,proceso de reestructuración,proceso de reorganización,proceso de insolvencia,concurso mercan-til,quiebra,orsimilarexecutoryorjudicialproceeding;(C)abankruptcy,arrangement,readjustmentofdebt,dissolu-tion, liquidation,proceso de reestructuración,proceso de reorganización,proceso de insolvencia,concurso mercan-til,quiebra,orsimilarexecutoryorjudicialproceedingshall

be instituted against the Borrower and such proceedingshallremainundismissed,undischargedorunstayedforaperiodofninety(90)days;(D)theBorrowershalltakeanyaction seeking to take advantage of any other law relat-ing to its bankruptcy, insolvency, liquidation, termination,dissolution,windingup,orcomposition,orreadjustmentofdebts;or(E)theBorrowershalltakeanycorporateorsimi-laractionforthepurposeofeffectinganyoftheforegoing;

(g) any final, non-appealable judg-ment against the Borrower or any Material Subsidiary(i)shallhavebeenenteredonaclaimnotcoveredbyinsur-ance inanaggregateamountofU.S.$fiftymillion(U.S.$50,000,000)(oritsequivalentinanothercurrency)ormore,and(ii)suchjudgmenthasnotbeenremoved,vacated,dis-chargedorsatisfiedforaperiodofsixty(60)daysfromthedateofsuchfinaljudgment;

(h) anyGovernmentalAuthority shallhave(i)condemned,seizedorotherwiseexpropriated(ei-therthroughasingleactoraseriesofacts)allorsubstan-tially all of the property of theBorrower or (ii) takenanyactionthatmateriallycurtailstheauthorityoftheBorrowertoconductitsbusiness;

(i) anyauthorization,approval,Gov-ernmental Approval, consent, license, exemption, filing,registration,notarizationorotherrequirementofanyGov-ernmentalAuthoritynecessary toenable theBorrower tocomplywithitsobligationsunderanyLoanDocumentshallhavebeenrevoked,rescinded,suspended,heldinvalidorotherwiselimitedineffect inamannerthatcouldreason-ablybeexpectedtohaveaMaterialAdverseEffect;or

(j) anyLoanDocumentceasestobeinfullforceandeffectorisdeclaredinafinal,non-appeal-ablejudgmenttobeunenforceableagainsttheBorrower(ineachcase,otherthanasaresultofanyactionorinactiononthepartoftheAdministrativeAgentoranyLender),thevalidityorenforceabilityofanyLoanDocumentatanytimeischallengedbytheBorrower;ortheBorrowerrepudiatesany LoanDocument, or does or causes to be done anyactorthingevidencinganintentiontorepudiateanyLoanDocument.

8.02 Remedies

. If anyEvent ofDefault shall occur and be continuing,the Administrative Agent may (and shall, upon the di-rection of Required Lenders), by notice to the Borrower,declare (a) any and all amounts of principal outstandingunder thisAgreement and theNotes to be forthwith dueand payable togetherwith accrued interest and any andallotheramountspayableorowinghereunder,whereup-onthesameshallbecomeforthwithdueandpayableand(b) declare theCommitments to be terminated forthwith,whereupontheCommitmentsshallimmediatelyterminate;providedthatifsucheventisanEventofDefaultspecifiedin Section8.01(f) above,automatically theCommitmentsshallimmediatelyterminateandtheLoanshereunder(withaccruedinterestthereon)andallotheramountsowingun-der thisAgreement and theNotes shall immediately be-


come due and payable. Presentment, demand, protestornoticeofanykind(otherthanthenoticeprovidedforinthefirstsentenceofthisparagraph)areexpresslywaived,anythinginthisAgreementtothecontrarynotwithstanding.TheaforementionedrighttoaccelerateisinadditiontoandnotasubstituteforanyotherrightsandremediesavailableunderthisAgreementandunderApplicableLaw.

SECTION 9. GOVERNING LAW AND JURISDICTION

9.01 GoverningLaw

THISAGREEMENT SHALL BEGOVERNED BY,ANDCONSTRUED INACCORDANCEWITH,THELAWSOFTHE STATE OF NEW YORK.

Notwithstandingtheforegoing,allmattersgovern-ingtheauthorizationandexecutionoftheLoanDocumentsbytheBorrowershallbegovernedbyandconstruedinac-cordancewiththelawsofColombia.

9.02 SubmissiontoJurisdiction

EACH OF THE PARTIES TO THIS AGREEMENT AGREES THATANY SUIT,ACTION OR PROCEEDINGWITH RESPECT TO THIS AGREEMENT, ANY OTHERLOAN DOCUMENT OR ANY JUDGMENT ENTERED BY ANY COURT IN RESPECT THEREOF MAY BE BROUGHT IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEWYORKAND, EXCEPTIN THE CASE OF ANY SUIT, ACTION, PROCEEDINGOR JUDGMENT BROUGHT AGAINST THE LENDERS ORTHEADMINISTRATIVEAGENT, INTHESUPREMECOURT OF THE STATE OF NEW YORK SITTING IN NEWYORKCOUNTY(INCLUDINGITSAPPELLATEDI-VISION), OR IN ANY APPELLATE COURT THEREOF.EACH PARTY TO THIS AGREEMENT HEREBY IRREVO-CABLYSUBMITSTOTHENON-EXCLUSIVEJURISDIC-TION OF SUCH COURTS FOR THE PURPOSE OF ANY SUCH SUIT, ACTION, PROCEEDING OR JUDGMENT.EACH PARTY CONSENTS THAT ANY SUCH ACTION OR PROCEEDING MAY BE BROUGHT IN SUCH COURTS AND WAIVES ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION OR PROCEEDING WAS BROUGHT IN AN INCONVENIENT COURT AND AGREES NOT TO PLEAD OR CLAIM THE SAME. EACH PARTY HERE-TOFURTHERSUBMITS,FORTHEPURPOSEOFANYSUCH SUIT, ACTION, PROCEEDING OR JUDGMENTBROUGHT OR RENDEREDAGAINST IT, TO THEAP-PROPRIATE COURTS OF THE JURISDICTION OF ITS DOMICILE. EACH OF THE PARTIES TO THIS AGREE-MENTAGREESTHATAJUDGMENT,AFTEREXHAUS-TIONOFALLAVAILABLEAPPEALS,INANYSUCHAC-TION OR PROCEEDING SHALL BE CONCLUSIVE AND BINDING UPON IT,ANDMAY BE ENFORCED INANYOTHER JURISDICTION, INCLUDINGBYASUITUPONSUCH JUDGMENT, A CERTIFIED COPY OF WHICHSHALL BE CONCLUSIVE EVIDENCE OF THE JUDG-MENT.

9.03 ServiceofProcess

(a) In the case of the courts of theState of NewYork or of the federal courts sitting in theState ofNewYork, theBorrower hereby designates, ap-pointsandempowersCTCorporationSystem, locatedat1118thAvenue#13,NewYork,NY10011,asitsauthorizedagenttoaccept,receive,andacknowledgeforandonbe-halfoftheBorrower,itspropertiesandrevenues,serviceofanyandallprocessthatmaybeservedinanyaction,suitorproceedingofthenaturereferredtoaboveintheStateofNewYork,whichappointmentshallbeirrevocableuntiltheappointmentandacceptanceofasuccessorauthorizedagentpursuanttotheprovisionsofSection9.03(d).

(b) TheBorrower further agrees thatsuch service of process may be made personally or bymailingordeliveringacopyofthesummonsandcomplaintorotherlegalprocessinanysuchlegalsuit,actionorpro-ceeding to the Borrower, in care of its respective agentdesignatedaboveattheaforesaidaddress(or,iftheBor-rowershallhavedesignatedasuccessoragentforserviceofprocess,theaddressofthesuccessoragentforserviceofprocess),andeachsuchagentisherebyauthorized,re-spectively,toaccept,receive,andacknowledgethesameforandonbehalfoftheBorrowerandtoadmitservicewithrespect thereto. Serviceuponeachsuchagent shall bedeemedtobepersonalserviceontheBorrowerandshallbe legal and binding upon theBorrower for all purposesnotwithstandinganyfailuretomailcopiesofsuchlegalpro-cesstotheBorroweroranyfailureonthepartoftheBor-rowertoreceivethesame,andshallbedeemedcompleteduponthedeliverythereoftosuchagentwhetherornotsuchrespectiveagentshallgivenoticethereoftotheBorrowerorupontheearliestotherdatepermittedbyApplicableLaw(includingtheUnitedStatesForeignSovereignImmunitiesActof1976,asamended).

(c) To the extent permitted byAppli-cable Law, including treaties bywhich theUnitedStatesandColombiaarebound,theBorrowerfurtherirrevocablyagrees to theserviceofprocessofanyof theaforemen-tionedcourtsinanysuit,actionorproceedingbythemail-ing of copies thereof by certified mail, postage prepaid,return receipt requested, to theBorrower at the addressreferenced inSection11.02, such service to beeffectiveuponthedateindicatedonthepostalreceiptreturnedfromtheBorrower.

(d) TheBorroweragreesthatitwillatalltimescontinuouslymaintainanagenttoreceiveserviceofprocessintheStateofNewYorkonbehalfofitselfanditspropertiesandrevenues,and,intheeventthatforanyreasonitsagentdesignatedaboveshallnotserveasagentfortheBorrowertoreceiveserviceofprocessintheStateofNewYorkonitsbehalf,theBorrowershallpromptlyap-pointasuccessorsatisfactorytotheAdministrativeAgentso toserve,advise theAdministrativeAgent thereof,anddeliver to theAdministrativeAgent evidence inwriting ofthe successor agent’s acceptance of such appointmentforatermextendingatleastoneyearbeyondtheMaturityDateandthatsuchsuccessoragenthasbeenpaidinfullforsuchterm.Theforegoingprovisionsconstitute,among

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other things, a special arrangement for service betweenthepartiestothisAgreementforthepurposesof28U.S.C.§ 1608.

9.04 WaiverofImmunity

(a) TO THE EXTENT THAT THE BORROWERMAYBEORBECOMEENTITLED,INANYJURISDICTION IN WHICH JUDICIAL PROCEEDINGS MAY AT ANY TIME BE COMMENCED WITH RESPECT TO THIS AGREEMENT OR ANY OTHER LOAN DOCU-MENT, TO CLAIM FOR ITSELF OR ITS PROPERTIESOR REVENUES ANY IMMUNITY FROM SUIT, COURTJURISDICTION,ATTACHMENTPRIORTO JUDGMENT,ATTACHMENTINAIDOFEXECUTIONOFAJUDGMENT,EXECUTION OF A JUDGMENT OR FROM ANY OTHER LEGAL PROCESS OR REMEDY RELATING TO ITS OB-LIGATIONS UNDER THIS AGREEMENT OR ANY OTHER LOANDOCUMENT,ANDTOTHEEXTENTTHATINANYSUCH JURISDICTION THERE MAY BE ATTRIBUTED SUCHAN IMMUNITY (WHETHERORNOT CLAIMED),THE BORROWER HEREBY IRREVOCABLY AGREES NOT TO CLAIM AND HEREBY IRREVOCABLY WAIVES SUCH IMMUNITY TO THE FULLEST EXTENT PERMIT-TEDBYTHELAWSOFSUCHJURISDICTION,BUT (I)SUBJECT TO THE LIMITATIONS PROVIDED IN ARTI-CLES192,195,298AND299OFLAW1437OF2011(CÓ-DIGO DE PROCEDIMIENTO ADMINISTRATIVO Y DE LO CONTENCIOSO ADMINISTRATIVO)AND (II)ARTICLES684 AND 513 OF THE COLOMBIAN CIVIL PROCEDURE CODE (CÓDIGO DE PROCEDIMIENTO CIVIL) (WHICHWILL BE GRADUALLY SUPERSEDED BY ARTICLES 593,594AND595ETALSUBJECTTOTHEENTRYINTOFORCEOFLAW1564OF2012(CÓDIGO GENERAL DEL PROCESO) PURSUANTTOTHETERMSOFARTICLE627THEREOF).

(b) THE BORROWER AGREES THATTHEWAIVERSSETFORTH INPARAGRAPH (A)ABOVE SHALL HAVE THE FULLEST EFFECT PERMIT-TED UNDER THE FOREIGN SOVEREIGN IMMUNITIES ACT OF 1976 OF THE UNITED STATES OF AMERICA (28U.S.C. §§ 1602-1611)ANDARE INTENDEDTOBEIRREVOCABLE AND NOT SUBJECT TO WITHDRAWAL FOR PURPOSES THEREOF.

9.05 WaiverofSecurityRequirements

.TOTHEEXTENTTHEBORROWERMAY,INANYAC-TION, SUIT OR PROCEEDING BROUGHT INANY OFTHE COURTS REFERRED TO IN SECTION 9.02 OR OTHERWISE ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER LOAN DOCU-MENT,BEENTITLEDTOTHEBENEFITOFANYPRO-VISION OF LAW REQUIRING THE ADMINISTRATIVE AGENTORANYLENDER INSUCHACTION,SUITORPROCEEDING TO POST SECURITY FOR THE COSTS OF THE BORROWER OR TO POST A BOND OR TO TAKE SIMILARACTION,AS THE CASEMAY BE, THEBORROWER HEREBY IRREVOCABLY WAIVES SUCH BENEFIT, IN EACH CASE TO THE FULLEST EXTENTNOW OR HEREAFTER PERMITTED UNDER APPLICA-BLE LAW.

9.06 NoLimitation

.NothinginthisSection9shallaffecttherightoftheAd-ministrativeAgentoranyLender toserveprocess inanyothermannerpermittedbyApplicableLawortocommencelegal proceedings or otherwise proceed against theBor-rowerinColombiaorinanyotherjurisdiction.

SECTION 10. THE ADMINISTRATIVE AGENT

10.01 Appointment

.EachLenderherebydesignatesandappointsTheBankofTokyo-MitsubishiUFJ,Ltd.asAdministrativeAgenttoactas specified herein. TheBank of Tokyo-Mitsubishi UFJ,Ltd.,asAdministrativeAgent,isauthorizedtoexecuteanddeliver thisAgreementand to takesuchactiononbehalfoftheLendersundertheprovisionsofthisAgreementandtoexercisesuchpowersandtoperformsuchdutieshere-under as are specifically delegated to or required of theAdministrativeAgentbythetermshereofandthereofandsuchotherpowersasarereasonablyincidentalthereto.

10.02 NatureofDuties

(a) TheAdministrativeAgentshall:

(i) promptly inform eachLenderofthecontentsofanynoticeordocumentreceivedbyitfromtheBorrower;and

(ii) promptlyprovideeachno-ticeasmayberequiredofitpursuanttothisAgreement.

(b) The Administrative Agent mayperformany of its duties hereunder by or through its of-ficers,directors,agentsoranyotherauthorizedemployee.Theexculpatoryprovisionsof thisSection10shall applyto any such sub-agent and to theRelatedParties of theAdministrativeAgentandanysuchsub-agent.

(c) The Administrative Agent shallhavenodutiesor responsibilitiesexcept thoseexpresslysetforthinthisAgreement.ThedutiesoftheAdministrativeAgenttotheLendersshallbemechanicalandadministra-tive innature; theAdministrativeAgentshallnothavebyreasonofthisAgreementafiduciaryrelationshipinrespectofanyLender;andnothinginthisAgreement,expressedorimplied,isintendedtoorshallbesoconstruedastoimposeupontheAdministrativeAgentanyobligationsinrespectofthisAgreementor theLoanexceptasexpresslyset forthhereinortherein.Withoutlimitingthegeneralityofthefore-going, (i) theAdministrativeAgentshallnotbesubject toanyfiduciaryorotherimpliedduties,regardlessofwhetheraPotentialDefaultorEventofDefaulthasoccurredandis continuing, (ii) theAdministrativeAgent shall not haveanyduty to takeanydiscretionaryactionorexerciseanydiscretionarypowers,exceptdiscretionaryrightsandpow-ersexpresslycontemplatedherebythattheAdministrativeAgentisrequiredtoexerciseinwritingasdirectedbytheRequiredLenders(orsuchothernumberorpercentageof


theLendersasshallbenecessaryunderthecircumstancesasprovidedherein),and(iii)exceptasexpresslysetforthherein,theAdministrativeAgentshallnothaveanydutytodisclose,andshallnotbeliableforthefailuretodisclose,anyinformationrelatingtotheBorroweroranyofitsSub-sidiariesthatiscommunicatedtoorobtainedbythebankservingasAdministrativeAgentoranyofitsAffiliatesinanycapacity. TheAdministrativeAgentshallnotbe liable foranyactiontakenornot takenby itwiththeconsentorattherequestoftheRequiredLenders(orsuchothernumberorpercentageoftheLendersasshallbenecessaryunderthecircumstancesasprovidedherein)or in theabsenceofitsowngrossnegligenceorwillfulmisconduct.TheAd-ministrativeAgentshallbedeemednottohaveknowledgeofEventofDefaultunlessanduntilwrittennoticethereofisgiven to theAdministrativeAgentby theBorroweroraLender,andtheAdministrativeAgentshallnotberespon-siblefororhaveanydutytoascertainorinquireinto(A)anystatement,warrantyor representationmade inor incon-nectionwith thisAgreement, (B) thecontentsofanycer-tificate,reportorotherdocumentdeliveredhereunderorinconnectionherewith,(C)theperformanceorobservanceofanyof thecovenants,agreementsorother termsorcon-ditions set forthherein, (D) thevalidity, enforceability, ef-fectivenessorgenuinenessofthisAgreementoranyotheragreement,instrumentordocument,or(E)thesatisfactionofanyconditionsetforthinSection5orelsewhereherein,otherthantoconfirmreceiptofitemsexpresslyrequiredtobedeliveredtotheAdministrativeAgent.

10.03 Lack of Reliance on the AdministrativeAgent

IndependentlyandwithoutrelianceupontheAdministra-tiveAgent,eachLender,totheextentitdeemsappropriate,hasmadeandshallcontinuetomake(i)itsownindepen-dent investigationof thefinancial conditionandaffairsoftheBorrower in connectionwith theLoanand the takingornottakingofanyactioninconnectionherewithand(ii)itsownappraisalofthecreditworthinessoftheBorrower,andtheAdministrativeAgentandeachotherLendershallhavenodutyor responsibility,either initiallyoronacon-tinuingbasis, toprovideanyLenderwithany informationwithrespecttothisAgreementortheBorrowerotherthanasexpresslyprovidedherein.EachLendershall,indepen-dentlyandwithoutrelianceupontheAdministrativeAgentor any other Lender andbasedon such documents andinformation(whichmaycontainmaterial,non-public infor-mationwithinthemeaningoftheUnitedStatessecuritieslawsconcerningtheBorroweranditsAffiliates)asitshallfromtimetotimedeemappropriate,continuetomakeitsowndecisionsintakingornottakingactionunderorbaseduponthisAgreement,anyrelatedagreementoranydocu-ment furnished hereunder or thereunder and in decidingwhetherortotheextenttowhichitwillcontinueasaLenderorassignorotherwisetransferitsrights,interestsandobli-gationshereunder.

10.04 Reliance

TheAdministrativeAgentshallbeentitledtorely,andshallbe fullyprotected in relying,uponanywriting, resolution,notice, statement, certificate, telex, teletype or telecopier

message,cablegram,radiogram,orderorotherdocumentor telephonemessagesigned,sentormadebyanyPer-sonthattheAdministrativeAgentbelievedtobetheproperPerson,and,withrespecttoalllegalmatterspertainingtothisAgreement and its duties hereunder, upon advice ofcounselselectedbyit.

10.05 ConsultationwithExperts

TheAdministrativeAgentmayconsultwithlegalcounsel,independentcertifiedpublicaccountantsandotherexpertsselectedbyitinconnectionwiththeperformanceofitsdu-tieshereunderandshallnotbeliableforanyactiontakenoromittedtobetakenbyitingoodfaithinaccordancewiththeadviceofsuchcounsel,accountantsorexperts.

10.06 Indemnification

TotheextenttheAdministrativeAgentisnotreimbursedand indemnified by theBorrower, each Lenderwill reim-burseandindemnifytheAdministrativeAgentinproportionto its respective interest (determinedat the timesuchre-imbursementor indemnity issought) forandagainstanyandall liabilities,obligations, losses,damages,penalties,claims,actions, judgments,suits,costs,expensesordis-bursementsofwhatsoeverkindornature(collectively,“Li-abilities”)whichmaybeimposedon,assertedagainstorincurredby theAdministrativeAgent inperforming itsdu-tieshereunderorinanywayrelatingtoorarisingoutofthisAgreement;providedthatnoLendershallbeliableforanyportionofsuchLiabilitiesresultingfromtheAdministrativeAgent’sgrossnegligenceorwillfulmisconduct.

10.07 TheAdministrativeAgent in Its IndividualCapacity

TheAdministrativeAgentandeachLendermayacceptdepositsfrom,lendmoneyto,andgenerallyengageinanykindofbanking,trust,financialadvisoryroleorotherbusi-nesswiththeBorroweroranyaffiliatethereofasifitwerenotperformingthedutiesspecifiedherein,andmayacceptfeesandotherconsiderationfromtheBorrowerforservicesin connectionwith thisAgreement and otherwisewithouthavingtoaccountforthesametotheotherLenders.Not-withstandinganythingtothecontraryexpressedorimpliedherein,theAdministrativeAgentandtheLendersshallnotbeboundto:(a)accounttoanyotherLenderforanysumortheprofitelementofanysumreceivedbyitforitsownaccountor(b)disclosetoanyotherPersonanyinformationrelatingtotheBorrowerifsuchdisclosurewouldormightinitsopinionconstituteabreachofanylaworregulationorbeotherwiseactionablebysuitofanyPerson.

10.08 Resignation by theAdministrativeAgent;SuccessorAdministrativeAgent

(a) TheAdministrativeAgentmayre-sign from the performance of all its functions and dutieshereunderatanytimebygivingthirty(30)calendardays’priorwrittennoticetotheBorrowerandtheLenders.Suchresignationshalltakeeffectupontheappointmentofasuc-cessorAdministrativeAgentpursuanttoclauses(b)or(c)

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beloworasotherwiseprovidedbelow;providedthat,intheevent theBorrowerdetermines ingood faith that theAd-ministrativeAgent’sgrossnegligenceorwillfulmisconducthasresultedinabreachoftheAdministrativeAgent’sobli-gationsunderthisAgreement,theBorrowermay,bywrittennoticetotheAdministrativeAgentandtheLenders,requiretheAdministrativeAgenttoresigninaccordancewiththisparagraph,whichnoticeshall (withoutany furtheraction)bedeemedtobeanoticeofresignationdeliveredbytheAdministrativeAgenttotheLenders.Uponanysuchres-ignation,theLendersshallhavetherighttoappointasuc-cessor,whoshallbeabankwithanofficeinNewYork,NewYork,oranAffiliateofanysuchbank.

(b) Uponanysuchnoticeofresigna-tion(otherthaninthecourseofadeemedresignationpur-suanttoclause(a)above),theLendersshallappointasuc-cessorAdministrativeAgenthereunderorthereunderwhoshallbeabankwithanofficeinNewYork,NewYork,oranAffiliateofanysuchbank.

(c) Intheeventofaresignation(otherthan in the course of a deemed resignation pursuant toclause(a)above)ifasuccessorAdministrativeAgentshallnothavebeensoappointedwithinsuchthirty(30)calendardayperiod, theAdministrativeAgent,with theconsentoftheBorrower(nottobeunreasonablywithheld),maythenappointasuccessorAdministrativeAgentwhoshallserveasAdministrativeAgenthereunderorthereunderuntilsuchtime,ifany,astheLendersappointasuccessorAdminis-trativeAgentasprovidedabove.

(d) If the Administrative Agent be-comesinsolventorunabletomeetitsdebtsastheymatureor ifa receiverof itorofalloranysubstantialpartof itspropertyshallbeappointedor ifanorderofanycourtofcompetentjurisdictionshallbeenteredapprovinganypeti-tionfiledbyoragainstitundertheprovisionsofanyappli-cablebankruptcyorinsolvencylaw,orifanypublicofficershalltakechargeorcontroloftheAdministrativeAgentorof itspropertyoraffairs, for thepurposeof rehabilitation,conservation or liquidation, the Lenders shall appoint asuccessorAdministrativeAgentinaccordancewithclause(b) above. If a successorAdministrativeAgent shall nothavebeensoappointedpursuanttoclause(b)above,theLenders shall appoint a successor Administrative Agentpursuanttoclause(c)above,asthecasemaybe.

10.09 NoAmendmenttoDutiesofAdministrativeAgentWithoutConsent

TheAdministrativeAgentshallnotbeboundbyanywaiv-er,amendment,supplementormodificationofthisAgree-mentwhichaffectsitsrightsordutiesunderthisAgreementunlessitshallhavegivenitspriorwrittenconsent,asAd-ministrativeAgent,thereto.

SECTION 11. MISCELLANEOUS

11.01 Computations

.EachdeterminationofaninterestrateorfeebytheAd-ministrativeAgentoranyLenderpursuanttoanyprovisionofthisAgreementoranyNote,intheabsenceofmanifesterror,shallbeconclusiveandbindingontheBorrower.AllcomputationsofinterestandfeeshereunderandunderanyNoteshallbemadeonthebasisofayearofthreehundredsixty(360)daysandactualdayselapsed.Allsuchcalcula-tionsshallincludethefirstdayandexcludethelastdayoftheperiodofcalculation.

11.02 Notices

(a) All notices or other communica-tionsrequiredorpermittedtobegivenhereunder(the“No-tices”)maybegiventothefollowingaddresses:

If to the Borrower: EMPRESAS PÚBLICAS DEMEDELLÍNE.S.P.

Carrera58#42-125,Medellín Attn:DianaRúaJaramillo Phone: + 57 4 380 4200 Email:[email protected]

IftotheAdministrativeAgent:THEBANKOFTO-KYO-MITSUBISHIUFJ,LTD.

1251AvenueoftheAmericas,NewYork,NY 10020 Attn:LawrenceBlat Phone:+1(212)7824310/+1(212)7826687 Email:[email protected]/[email protected]

IftoanyLender,assetforthonthesignaturepageorinitsAssignmentandAssumptionAgreement,asappli-cable.

Anypartyshallhavetherighttochangeitsaddressfor Notice hereunder to any other location by giving ten(10)days’writtenNoticetotheotherpartiesinthemannersetforthhereinabove.

(b) AllNoticesshallbeinwritingandshall be considered as properly given (A) if delivered inperson,(B)ifsentbyovernightdeliveryservice(includingFederalExpress,UnitedParcelServiceandothersimilarreputableovernightdeliveryservices),(C)intheeventrep-utableovernightdeliveryservicesarenotreadilyavailable,ifmailedbyfirstclassmail,postageprepaid,registeredorcertifiedwithreturnreceiptrequested,(D)iftransmittedbyfacsimile confirmed by telephone or (E) if transmitted byelectroniccommunicationasprovidedinSection11.02(d).

(c) Noticesdelivered inpersonorbyovernightcourierservice,ormailedbyregisteredorcerti-fiedmail,shallbeeffectiveuponreceiptbytheaddressee.Noticestransmittedbyfacsimileshallbedeemedtohavebeengivenwhentransmitted,ifconfirmationofasuccess-ful transmissionhasbeenreceived(except that, inall in-


stances, if not given during normal business hours on aBusinessDayforrecipient,shallbedeemedtohavebeengivenattheopeningofbusinessonthenextBusinessDayfor the recipient). Notices delivered through electroniccommunicationstotheextentprovidedinSection11.02(d) shallbeeffectiveasprovidedinsuchSection.

(d) Noticeshereundermaybedeliv-ered or furnishedby electronic communication (includingemail) pursuant to procedures approved by the relevantrecipient.

(i) Unlesstherelevantrecipi-entotherwiseprescribes,Noticessenttoanemailaddressshallbedeemedreceiveduponthesender’sreceiptofanacknowledgementfromtheintendedrecipient(suchasbythe“returnreceiptrequested”function,asavailable,returnemailorotherwrittenacknowledgement);provided that ifsuchNoticeisnotsentduringthenormalbusinesshoursoftherecipient,suchNoticeshallbedeemedtohavebeensentattheopeningofbusinessonthenextBusinessDayoftherecipient.

11.03 BenefitofAgreement;Assignment;Partici-pations

(a) ThisAgreement shall be bindinguponandinuretothebenefitofandbeenforceablebytherespective successorsandassignsof thepartieshereto;provided, however,that(1)theBorrowermaynotassignortransferanyofitsrights,obligationsorinterestunderanyLoanDocument, exceptwith the priorwritten consent ofeachoftheLendersand(2)noLendermayassignortrans-feranyofitsrights,obligationsorinterestunderanyLoanDocument except in accordance with this Section 11.03 andtherequirementsofApplicableLaw.

(b) Commencing on the thirtieth dayfollowingtheClosingDate,anyLendermay:

(i) assign all or a portion ofthe Loan due to it to (1) its parent company and/or anyAffiliate of such Lenderwhich is at least 50%owned bysuchLenderoritsparentcompany,(2)oneormoreotherLendersor(3)inthecaseofanyLenderthatisafundortrustthatinvestsinbankloansorthatmanagesoradvises(directly or through anAffiliate) any fund or trust that in-vestsinbankloans,anyfundortrustthatinvestsinbankloansandismanagedoradvisedbythesameinvestmentadvisorasaLender,byanAffiliateofsuchinvestmentadvi-sororbyaLender,asthecasemaybe,providedthattheassigningLendershallgivenoticetotheBorrowerofanysuchassignment(whichnoticeshallincludetheidentityoftheproposedassignee)fivedayspriortotheeffectivedateofsuchassignmentinorderfortheBorrowertocompleteitsinternalandregulatoryprocesses;provided,further,thatfailurebytheassigningLendertogivesuchnoticeorfailurebytheBorrowertocompleteanysuchprocessshallnotaf-fectthevalidityofsuchassignment;or

(ii) assign all, or if less thanall,aportionequaltoatleastU.S.$5,000,000ofoutstand-

ingprincipalamountofLoansduetoittooneormoreas-signees (treating (x) any fund that invests in bank loansand (y) any other fund that invests in bank loans and ismanagedor advisedby the same investment advisor assuchfundorbyanAffiliateofsuchinvestmentadvisor,asasingleassignee);andeachsuchassigneeshallbecomeapartytothisAgreementasaLenderbyexecutionofanAssignmentandAssumptionAgreement;

providedthat:

(x) ineachcase, theassign-ingLendershallsurrendertotheBorrowertheoldNote(s)heldbyit(orfurnishastandardindemnityletterfromsuchLender in respectofany lostNote(s) reasonablyaccept-abletotheBorrower),andnewNoteswillbeissued,attheBorrower’s expense, to such newLender and to the as-signingLender(inthecaseofapartialassignment);

(y) solongasnoEventofDe-faulthasoccurredandiscontinuing,writtenconsentoftheBorrowershallberequiredinconnectionwithanyassign-mentpursuanttoclause(ii)ofthisSection11.03(b)(whichconsent,ineachcase,shallnotbeunreasonablywithheldordelayed);providedthat,theBorrowershallbedeemedtohaveconsentedtoanassignmentunlessitshallhaveob-jectedtheretobywrittennoticetotheAdministrativeAgentwithinten(10)BusinessDaysafterhavingreceivednoticethereof;

(z) ifanEventofDefaulthasoccurred and is continuing and theAdministrativeAgenthasdeliverednoticethereoftotheBorrower,theBorrowershall be deemed to have consented to any assignmentfollowingthedateofsuchnoticepursuanttoclause(ii)ofthisSection11.03(b);provided that,theassigningLendershallberequiredtogivenoticetotheBorrowerofanysuchassignment (whichnoticeshall include the identityof theproposedassignee) fivedaysbeforesuchassignment inorderfortheBorrowertocompleteitsinternalandregula-toryprocesses;provided,further,thatfailurebytheassign-ingLendertogivesuchnoticeorfailurebytheBorrowertocompleteanysuchprocessshallnotaffect thevalidityofsuchassignment;and

(aa) ineachcase,theAdminis-trativeAgentshallreceiveatthetimeofeachassignment,fromtheassigningorassigneeLender, thepaymentofanon-refundableassignmentfeeofU.S.$3,500,whichfeeshallbepaidbytheassigneeLender.

Notwithstanding the foregoing provisionsofthisSection11.03(b),nosuchtransferorassignmentwillbeeffectiveuntilrecordedbytheAdministrativeAgentontheRegister pursuant toSection 11.03(e) belowand theAdministrativeAgentshallprovidenotice to theBorrowerofanysuchtransferorassignmentwithin threeBusinessDaysthereof.TotheextentthatanassignmentofalloranyportionofaLender’sLoanpursuanttothisSection11.03(b) would,due tocircumstancesexistingat the timeof suchassignment,resultinincreasedcostsunderSection2.09,2.10 or 4.01 from thosebeingchargedby the respective

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assigningLenderprior tosuchassignment, thentheBor-rowershallnotbeobligated topaysuch increasedcosts(althoughtheBorrowershallbeobligatedtopayanyotherincreasedcostsofthetypedescribedaboveresultingfromchangesafterthedateoftherespectiveassignment).

(c) In addition to the foregoing, anyLender may grant participations in its rights hereunderwithout the consent of the Borrower;provided, however,thatsuchLendershallremaina“Lender”forallpurposeshereunderandtheparticipantshallnotconstitutea“Lend-er”hereunderand,provided further, thatnoLendershallgrant any participation under which the participant shallhavedirect or indirect rights to approveanyamendmenttoorwaiverof thisAgreementexcept to theextentsuchamendmentorwaiverwould(i)extendtheMaturityDate,orreducetherateorextendthetimeofpaymentofinterestorfeesthereon(exceptinconnectionwithawaiverofap-plicabilityofanypost-Defaultincreaseininterestrates)orreducetheprincipalamountthereof,or(ii)consenttotheassignmentortransferbytheBorrowerofanyofitsrightsandobligationsunderanyLoanDocument.Inthecaseofanysuchparticipation, theparticipant shall nothaveanyrights under any LoanDocument (the participant’s rightsagainstsuchLenderinrespectofsuchparticipationtobethosesetforthintheagreementexecutedbysuchLenderinfavoroftheparticipantrelatingthereto)andallamountspayablebytheBorrowerhereundershallbedeterminedasifsuchLenderhadnotsoldsuchparticipation.

(d) Nothing in this Agreement shallpreventorprohibitanyLenderfromatanytimepledgingorassigningasecurityinterestinalloranyportionofitsLoansandNoteshereundertosecureobligationsofsuchLender,includinganypledgeorassignment tosecureobligationstoaFederalReserveBank.Nopledgeorassignmentpur-suanttothisclause(d)shallreleasethetransferorLenderfromanyofitsobligationshereunder.

(e) The Administrative Agent shallmaintainatoneof itsoffices in theUnitedStatesacopyofeachAssignmentandAssumptionAgreementdeliveredtoitandaregisterfortherecordationofthenameandad-dressofeachLender,andprincipalamounts (andstatedinterest)oftheLoanowingtoeachLenderpursuanttothetermshereof fromtimeto time(the“Register”). Theen-tries in theRegister shall be conclusive absentmanifesterror,andtheBorrowerortheLendersshalltreateachPer-sonwhosename is recorded in theRegisterpursuant tothetermshereofasalenderhereunderforallpurposesofthisAgreement.TheRegistershallbeavailableforinspec-tionby theBorrowerandtheLenders,atanyreasonabletimeandfromtimetotimeuponreasonablepriornotice.

(f) EachLenderthatsellsaparticipa-tionshall,actingsolely for thispurposeasanon-fiducia-ry agent of theBorrower,maintain a register onwhich itentersthenameandaddressofeachparticipantandtheprincipalamounts(andstatedinterest)ofeachparticipant’sinterest in theLoansorotherobligationsunder theLoanDocuments (the “Participant Register”); provided thatnoLendershallhaveanyobligationtodisclosealloranyportionoftheParticipantRegister(includingtheidentityof

anyparticipantoranyinformationrelatingtoaparticipantsinterest inanycommitments, loans, lettersofcreditor itsotherobligationsunderanyLoanDocument) toanyPer-sonexcepttotheextentthatsuchdisclosureisnecessarytoestablishthatsuchcommitment,loan,letterofcreditorotherobligationisinregisteredformunderSection5f.103-1(c)oftheUnitedStatesTreasuryRegulations.TheentriesintheParticipantRegistershallbeconclusiveabsentmani-festerror,andsuchLendershalltreateachPersonwhosenameisrecordedintheParticipantRegisterastheownerofsuchparticipationforallpurposesofthisAgreementnot-withstandinganynoticetothecontrary.Fortheavoidanceofdoubt,theAdministrativeAgent(initscapacityasAdmin-istrativeAgent)shallhavenoresponsibilityformaintainingaParticipantRegister.

11.04 NoWaiver;RemediesCumulative

NofailureordelayonthepartoftheAdministrateAgentoranyLenderinexercisinganyright,powerorprivilegeun-deranyLoanDocumentandnocourseofdealingbetweenor among the Borrower and theAdministrativeAgent oranyLendershalloperateasawaiverofsuchright,powerorprivilege;norshallanysingleorpartialexerciseofanyright,powerorprivilegehereunder,underanyLoanDocu-mentprecludeanyotherright,powerorprivilegehereunderorthereunder.Therightsandremediesexpresslyprovid-edhereinare cumulativeandnotexclusiveofany rightsor remedies that theAdministrativeAgent or any Lenderwouldotherwisehave.NonoticetoordemandontheBor-rowerinanycaseshallentitletheBorrowertoanyotherorfurthernoticeordemandinsimilarorothercircumstancesor constitute a waiver of the rights of theAdministrativeAgentoranyLendertoanyotheror furtheraction inanycircumstanceswithoutnoticeordemand.

11.05 EntireAgreement

TheLoanDocumentscontaintheentireagreementamongthepartiesheretoregardingtheLoan.

11.06 AmendmentorWaiver;etc.

(a) Neither this Agreement nor anytermshereofmaybechanged,waived,dischargedorter-minatedunlesssuchchange,waiver,dischargeor termi-nationisinwritingsignedbytheBorrower,andapprovedby theMinistry of Finance to the extent required byCo-lombianpublicindebtednessregulations,andtheRequiredLenders;providedthatnosuchchange,waiver,dischargeor termination shall, without the consent of each Lender(i)extendanyscheduleddateofpaymentor theMaturityDate,extendtheexpirationdateofanyLender’sCommit-ment,orreducetherateorextendthetimeofpaymentofinterest(otherthanasaresultofanywaiveroftheapplica-bilityofanypost-Defaultincreaseininterestrates)thereon,orreducethefeespayablehereunderorprincipalamountof theLoan, (ii)amend,modifyorwaiveanyprovisionofthisSection 11.06, (iii) amend ormodify the definition ofRequiredLenders,(iv)amendormodifySection3.04 in a mannerthatwouldalterthepro ratasharingofpaymentsrequiredthereby,(v)consenttotheassignmentortransfer


bytheBorrowerofanyof itsrightsandobligationsunderanyLoanDocument(exceptinaccordancewiththetermshereof),(vi)changeSection3.04(b) or 3.04(c)inamannerthatwouldalter thepro rata sharingofpaymentsor set-offs required therebyor anyother provision in amannerthatwouldalterthepro rataallocationamongtheLenderswithoutthewrittenconsentofeachLenderdirectlyaffectedthereby,or (vii) amend,modifyorwaiveanyprovisionofSection5;provided further, thatnosuchchange,waiver,dischargeorterminationshall(x)increasetheCommitmentofanyLenderwithoutthewrittenconsentofsuchLender,or(y)withouttheconsentoftheAdministrativeAgent,amend,modifyorwaiveanyprovisionofSection10assameap-pliestotheAdministrativeAgentoranyotherprovisionassamerelatestotherightsorobligationsoftheAdministra-tiveAgent.

(b) If,inconnectionwithanyproposedchange,waiver,dischargeorterminationofortoanyoftheprovisionsofthisAgreementrequiringtheconsentofRe-quiredLendersandforwhichtheconsentoftheRequiredLendersisobtainedbuttheconsentofoneormoreotherLendersisnotobtained,thentheBorrowershallhavetheright,solongasallnon-consentingLendersaretreatedasdescribedinclauses(A)or(B)below,toeither(A)replaceeachsuchnon-consentingLenderorLenderswithoneormoreReplacement Lenders pursuant toSection 2.12 solongas,at the timeofsuch replacement,eachsuchRe-placement Lender consents to the proposed change,waiver,dischargeor termination forwhichconsentof theRequiredLenderswasobtained,or(B)repaytheportionoftheoutstandingLoanduetosuchnon-consentingLender,solongasallLoans,togetherwithaccruedandunpaidin-terestandallotheramounts,owingtosuchLenderarere-paidconcurrentlywiththeeffectivenessofsuchterminationandatsuchtime,unlesstherespectiveLendercontinuestohaveoutstandingLoanshereunder, suchLender shallnolongerconstitutea“Lender”forpurposesofthisAgree-ment, except with respect to indemnification underSec-tion10.06,whichshallsurviveas tosuch repaidLender;providedthat,unlesstheLoanswhicharerepaidpursuanttoprecedingclause(B)areimmediatelyreplacedinfullatsuchtimethroughtheadditionofnewLendersand/orout-standingLoansofexistingLenders(whoineachcasemustspecificallyconsentthereto),theninthecaseofanyactionpursuant to preceding clause (B), the Required Lenders(determinedaftergivingeffecttotheproposedaction)shallspecificallyconsentthereto.

11.07 Counterparts

ThisAgreementmaybeexecutedinanynumberofcoun-terparts and by the different parties hereto on separatecounterparts,eachofwhich,whenexecutedanddelivered,shallbeeffectiveforpurposesofbindingthepartieshereto,butallofwhichshalltogetherconstituteoneandthesameinstrument.Deliveryofanexecutedcounterpartofasig-nature page of thisAgreement by telecopy, emailed pdf.or anyotherelectronicmeans that reproducesan imageoftheactualexecutedsignaturepageshallbeeffectiveasdeliveryofamanuallyexecutedcounterpartofthisAgree-ment. Thewords “execution,” “signed,” “signature,” “de-livery,”andwordsoflikeimportinorrelatingtoanydocu-menttobesignedinconnectionwiththisAgreementand

thetransactionscontemplatedherebyshallbedeemedtoincludeelectronicsignatures,deliveriesor thekeepingofrecords in electronic form, each ofwhich shall be of thesame legaleffect,validityorenforceabilityasamanuallyexecuted signature, physical delivery thereof or the useofapaper-basedrecordkeepingsystem,asthecasemaybe,totheextentandasprovidedforinanyapplicablelaw,includingtheFederalElectronicSignatures inGlobalandNationalCommerceAct,theNewYorkStateElectronicSig-naturesandRecordsAct,oranyothersimilar state lawsbasedontheUniformElectronicTransactionsAct.

11.08 Expenses;Indemnity

(a) TheBorrowershallpayallreason-ableanddocumentedout-of-pocketexpensesincurredbytheAdministrativeAgent and its Affiliates, in connectionwiththesyndicationofthecreditfacilitiesprovidedforhere-in, the preparation, negotiation, execution, delivery andadministrationofthisAgreementandtheotherLoanDocu-mentsoranyamendments,modificationsorwaiversoftheprovisions hereof or thereof (whether or not the transac-tionscontemplatedherebyortherebyshallbeconsummat-ed);provided thatunlessotherwiseagreedbythepartieshereto, theamountof feesandexpensesofcounsel thattheBorrowerisrequiredtopayorreimburseinconnectionwiththesyndicationofthecreditfacilitiesprovidedherein,thepreparation,negotiation,executionanddeliveryofthisAgreementandtheotherLoanDocumentsshallbesubjectto theprovisionsof theAgentFeeLetter. TheBorrowershallpayalldocumentedout-of-pocketexpensesincurredbyeachoftheAdministrativeAgentoranyLender,includ-ing thedocumented fees, chargesanddisbursementsofanycounselfortheAdministrativeAgentoranyLender,inconnectionwiththeenforcementorprotectionofitsrightsinconnectionwiththeLoanDocuments,includingitsrightsunderthisSection.

(b) TheBorrowershall indemnify theAdministrative Agent, each Lender, their respective Af-filiates,andtheirrespectivedirectors,officers,employees,attorneysandagents (eachsuchPersonbeingcalledan“Indemnitee”)against,andholdeachIndemniteeharmlessfrom,any losses, claims,damages, liabilitiesand relatedexpenses, which expenses shall include reasonable at-torney’sfeesandexpensesfornomorethanoneColom-bian counsel and oneNewYork counsel to the LendersandoneColombiancounselandoneNewYorkcounseltotheAdministrativeAgent (and in thecaseofa conflictofinterestwhere an entity affected by such conflict notifiestheBorrowerof theexistenceofsuchconflict,ofanotherinternationalandanotherColombiancounselofanysuchaffectedentity),ineachcase,arisingoutof,inconnectionwith,orasa resultof: (i) theexecutionordeliveryof theLoanDocuments,anydemandforpayment,otherpresen-tationorrequestundertheLoanDocuments,(ii)anyLoansortheuseorproposeduseoftheproceedstherefrom,(iii)anypaymentorotheractiontakenoromittedtobetakeninconnectionwiththeLoanDocuments,(iv)anyactualenvi-ronmentalliabilityrelatedinanywaytotheBorroweroranyofitsMaterialSubsidiaries,and(v)anyactualorprospec-tiveclaim,litigation,investigationorproceedingrelatingtoanyoftheforegoingwhetherbasedoncontract,tortoranyothertheory,whetherbroughtbyathirdpartyorbytheBor-

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roweroranyofitsSubsidiariesandregardlessofwhetherany Indemnitee isaparty thereto;provided that such in-demnityshallnot,astoanyIndemnitee,beavailabletotheextentthatsuchlosses,claims,damages,liabilitiesorre-latedexpense(x)aredeterminedbyacourtofcompetentjurisdictionbyfinalandnon-appealable judgmenttohaveresultedfromthegrossnegligenceorwillfulmisconductofsuchIndemniteeor(y)resultfromaclaimbroughtbytheBorroweragainstanIndemniteeforbreachinbadfaithofsuchIndemnitee’sobligationsunderanyLoanDocument,if theBorrowerhasobtainedafinalnon-appealable judg-mentinitsfavoronsuchclaimsasdeterminedbyacourtofcompetentjurisdiction.ThisSection11.08shallnotapplywithrespect toTaxes(whichshallbecoveredbySection4.01)other thananyTaxes that represent losses,claims,damages,liabilitiesandrelatedexpensesarisingfromanynon-Taxclaim.

(c) To the extent that the BorrowerfailstopayanyamountrequiredtobepaidbyittotheAd-ministrativeAgent under clause (a) of thisSection, eachLenderseverallyagreestopaytotheAdministrativeAgentsuchLender’sProportionateShare(determinedasof thetimethattheapplicableunreimbursedexpenseorindemni-typaymentissought)ofsuchunpaidamount;providedthattheunreimbursedexpenseorindemnifiedloss,claim,dam-age,liabilityorrelatedexpense,asthecasemaybe,wasincurredbyorassertedagainsttheAdministrativeAgent.

(d) All amounts due under this Sec-tion shall be payable not later than thirty (30) days afterwrittendemandtherefor.

(e) The agreements in this Sectionshall survive the resignation of theAdministrativeAgent,thereplacementofanyLender,theterminationoftheCom-mitmentsand therepayment,satisfactionordischargeofalltheotherobligationsunderthisAgreement.

11.09 JudgmentCurrency

(a) TheBorrower’sobligationsundertheLoanDocumentstomakepaymentsinDollarsshallnotbedischargedorsatisfiedbyanytenderorrecoverypur-suanttoanyjudgmentexpressedinorconvertedintoanycurrencyotherthanDollars,excepttotheextentthatsuchtender or recovery results in the receipt by theAdminis-trativeAgent or anyLender of the full amount ofDollarsexpressed tobepayable toAdministrativeAgentorsuchLenderundertheLoanDocuments.Ifforthepurposeofob-tainingorenforcingjudgmentagainsttheBorrowerinanycourtorinanyjurisdictionoutsideofColombia,itbecomesnecessarytoconvertintoorfromanycurrencyotherthanDollars(suchothercurrencybeinghereinafterreferredtoasthe“Judgment Currency”)anamountdueinDollars,theconversionshallbemadeattherateofexchangedeter-mined,ineachcase,asofthedayonwhichthejudgmentisgiven(suchBusinessDaybeinghereinafterreferredtoas the “Judgment Currency Conversion Date”). If, forthepurposeofobtainingorenforcingjudgmentagainsttheBorrowerinanycourtinColombia,itbecomesnecessarytoconvertintoorfromanyJudgmentCurrencyanamountdueinDollars,theconversionshallbemadeattheColom-

bianmarketrepresentativeratecertifiedbytheColombianSuperintendenceofFinanceforthedateofpayment.

(b) If there isachangeintherateofexchangeprevailingbetweentheJudgmentCurrencyCon-versionDateandthedateofactualpaymentoftheamountdue by the Borrower, the Borrower covenants to pay, orcausetobepaid,suchadditionalamounts,ifany(butinanyeventnotalesseramount),asmaybenecessarytoensurethattheamountpaidbytheBorrowerintheJudgmentCur-rency,whenconvertedat therateofexchangeprevailingonthedateofpaymenttotheAdministrativeAgentorsuchLenderbytheBorrower,shallproducetheamountofDol-larswhichcouldhavebeenpurchasedwiththeamountofJudgmentCurrency stipulated in the judgment or judicialawardattherateofexchangeprevailingontheJudgmentCurrencyConversionDate. Any suchamountofDollarsnot discharged by such Borrower payment of JudgmentCurrencyshallcontinuetobedueasanoutstandingandunpaidobligationunderthisAgreementandshallaccruein-terestattheratethenapplicabletotheLoaninaccordancewithSection2.07untilpaidinfull.Ifthereisachangeinthe rate of exchange prevailing between the JudgmentCurrencyConversionDateandthedateofactualpaymentby theBorrowerof theamountdue to theAdministrativeAgentorsuchLenderthatresults in theBorrowerpayinganamountinexcessofthatnecessarytodischargeorsat-isfyanyjudgment,theAdministrativeAgentorsuchLendershalltransferorcausetobetransferredtotheBorrowertheamountofsuchexcess(netofanyTaxesandreasonableandcustomarycostsincurredinconnectiontherewith).

(c) ForpurposesofapplyingtherateofexchangeunderthisSection11.09,theamountofJudg-mentCurrencyconvertedshall includeanypremiumandcostspayableinconnectionwiththepurchaseofDollars.

11.10 EnglishLanguage

Alldocuments(excepttheNotes)tobedeliveredbyanypartyheretopursuant to the termshereofshallbe in theEnglish language or, if originally written in another lan-guage,shallbeaccompaniedbyanaccurateEnglishtrans-lation,uponwhichtheotherpartiesheretoshallhavetherighttorelyforallpurposesunderanyLoanDocument.IfanyLoanDocument(oranyprovisionofanyLoanDocu-ment)other than theNotes is translated inany languageother than English, the version which is in English shallprevailincaseofanydiscrepancywithanyversioninanyotherlanguage.

11.11 Severability

To theextentpermittedbyApplicableLaw, the illegalityorunenforceabilityofanyprovisionofthisAgreementshallnotinanywayaffectorimpairthelegalityorenforceabilityoftheremainingprovisionsofthisAgreement.

11.12 WaiverofJuryTrial

EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES TO THE FULLEST EXTENT PERMITTED BY


APPLICABLE LAW ALL RIGHT EACH MAY HAVE TO A TRIAL BY JURY IN ANY ACTION, SUIT, PROCEEDING OR COUNTERCLAIM DIRECTLY OR INDIRECTLY ARIS-ING OUT OF OR RELATING TO THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREBY OR ANY OTHER LOAN DOCUMENT TO WHICH IT IS A PARTY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY).

11.13 Captions

Thetableofcontentsandcaptionsandsectionheadingsappearinghereinareincludedsolelyforconvenienceofref-erenceandarenotintendedtoaffecttheinterpretationofanyprovisionofthisAgreement.

11.14 DamagesWaiver

TothefullestextentpermittedbyApplicableLaw,nopartyshallassert,andeachherebywaives,anyclaim,onanytheoryofliability,forindirect,special,punitive,consequen-tialorexemplarydamages(asopposedtodirectoractualdamages)arisingoutof,inconnectionwith,orasaresultof,thisAgreement,anyotherLoanDocumentoranyagree-ment or instrument contemplated hereby or thereby, thetransactionscontemplatedherebyorthereby,anyLoanortheuseoftheproceedsthereof.

11.15 Confidentiality

EachoftheAdministrativeAgentandeachoftheLend-ersagreestomaintaintheconfidentialityoftheConfiden-tial Information, except thatConfidential Informationmaybedisclosed(a) to itsanditsAffiliates’directors,officers,employeesandagents,trustees,includingaccountants,le-galcounselandotheradvisors(itbeingunderstoodthatthePersonstowhomsuchdisclosureismadewillbeinformedoftheconfidentialnatureofsuchConfidentialInformationandinstructedtokeepsuchConfidentialInformationconfi-dential),(b)totheextentrequestedbyanyGovernmentalAuthority purporting to have jurisdiction over it (includinganyself-regulatoryauthority,suchastheNationalAssocia-tionofInsuranceCommissioners),(c)totheextentrequiredbyApplicableLawsorregulationsorbyanysubpoenaorsimilarlegalprocess,(d)toanyotherpartytothisAgree-ment,(e)inconnectionwiththeexerciseofanyremedieshereunderoranysuit,actionorproceedingrelatingtothisAgreementortheenforcementofrightshereunder,(f)sub-jecttoanagreementcontainingprovisionssubstantiallythesameasthoseofthisSection,to(i)anyassigneeoforpar-ticipantin,oranyprospectiveassigneeoforparticipantin,anyofitsrightsorobligationsunderthisAgreementor(ii)anyactualorprospectivecounterparty(or itsadvisors)toanyswaporderivativetransactionrelatingtotheBorroweror itsobligations, (g)with theconsentof theBorroweror(h)totheextentsuchConfidentialInformation(i)becomespubliclyavailableotherthanasaresultofabreachofthisSection,(ii)becomesavailabletotheAdministrativeAgentoranyLenderonanon-confidentialbasis fromasourceotherthantheBorrower,or(iii)isnot,inthereasonablebe-liefoftheAdministrativeAgentincludinganysuchinforma-tioninrespectofwhichtheAdministrativeAgentorLender

reasonablybelievesthatitisnotboundbyanyconfidentialobligation(butinanyeventexcludinganyinformationfur-nishedbytheBorrowerthatisdesignatedasconfidentialinwriting).AnyPersonrequiredtomaintaintheconfidentialityofConfidentialInformationasprovidedinthisSectionshallbe considered to have compliedwith its obligation to dosoifsuchPersonhasexercisedthesamedegreeofcaretomaintaintheconfidentialityofsuchConfidentialInforma-tionassuchPersonwouldaccord to itsownconfidentialinformation.TheBorrowerherebyacknowledgesthatanyConfidentialInformationpermittedtobesharedhereunderpursuanttoclauses(a),(d)or(f)maybemadeavailabletothePersonspermittedhereby,bypostingsuchConfidentialInformation on IntraLinks, Debtdomain, Syndtrak, Clear-Par,oranothersimilarelectronicsystem.

EachoftheAdministrativeAgentandeachLenderacknowledges that (a) the Confidential Information mayinclude material non-public information concerning theBorrower or any of its Subsidiaries and (b) it has devel-opedcomplianceproceduresregardingtheuseofmaterialnonpublicinformationandforthehandlingofsuchmaterialnon-publicinformationinaccordancewithApplicableLaw,includingUnitedStatesFederalandstatesecuritieslaws.

11.16 Survival

TheexpirationorterminationofthisAgreementdoesnotterminateoraffectanyobligationhereunderthateitherex-presslyorbyitsnaturesurvivestheexpirationortermina-tionof thisAgreement. Suchobligations include,butarenotlimitedto,thosedescribedinSections2.09,2.10,4.01,9,10.06,11.08,11.09 and 11.14,whichshallsurviveexpi-rationorterminationofthisAgreement;provided, however,thatnochangeinApplicableLawaftertheexpirationorter-minationof thisAgreementshall increase theBorrower’sobligationswithrespecttoamountspaidpriortosuchexpi-rationortermination.

11.17 NoFiduciaryDuty

In connectionwithall aspectsof each transaction con-templatedhereby(includinginconnectionwithanyamend-ment,waiverorothermodificationhereoforofanyotherLoanDocument),theBorroweracknowledgesandagreesthat:(a)(i)thearrangingandotherservicesregardingthisAgreementprovidedby theAdministrativeAgent and theLendersarearm’s-lengthcommercialtransactionsbetweentheBorroweranditsAffiliates,ontheonehand,andtheAd-ministrativeAgent,andtheLenders,ontheotherhand,(ii)theBorrowerhasconsulteditsownlegal,accounting,regu-latoryandtaxadvisorstotheextentithasdeemedappro-priate,and(iii)theBorroweriscapableofevaluating,andunderstandsandaccepts,theterms,risksandconditionsofthetransactionscontemplatedherebyandbytheotherLoanDocuments;(b)(i)theAdministrativeAgent and each Lenderisandhasbeenactingsolelyasaprincipaland,ex-ceptasexpresslyagreedinwritingbytherelevantparties,hasnotbeen,isnot,andwillnotbeactingasanadvisor,agentorfiduciaryfortheBorrower oranyofits Affiliates,oranyotherPersonand(ii)neithertheAdministrativeAgent noranyLenderhasanyobligationtotheBorrower oranyofits Affiliateswithrespecttothetransactionscontemplated

38


herebyexceptthoseobligationsexpresslysetforthhereinandintheotherLoanDocuments;and(c)theAdministra-tiveAgentand theLendersand their respectiveAffiliatesmaybeengagedinabroadrangeoftransactionsthatin-volve interests thatdiffer fromthoseof theBorrower and its Affiliates,andneithertheAdministrativeAgentnoranyLenderhasanyobligationtodiscloseanyofsuchintereststotheBorrower orits Affiliates.Tothefullestextentpermit-tedbylaw,theBorrowerherebywaivesandreleasesanyclaimsthatitmayhaveagainsttheAdministrativeAgent or anyLenderwithrespecttoanybreachorallegedbreachofagencyorfiduciaryduty inconnectionwithanyaspectofanytransactioncontemplatedhereby.

11.18 PATRIOTAct

EachLenderthatissubjecttotherequirementsofthePA-TRIOTActherebynotifiestheBorrowerthatpursuanttotherequirementsofthePATRIOTAct, it isrequiredtoobtain,verifyand record information that identifies theBorrower,which information includes thenameandaddress of theBorrowerandotherinformationthatwillallowsuchLenderto identify theBorrower inaccordancewith thePATRIOTAct.

11.19 Exequatur

A judgmentobtained inaNewYorkCourtarisingoutoforrelatingtothisAgreement,orthetransactionscontem-platedthereby,willbeenforcedagainsttheBorrowerinthecourtsofColombia;providedthatsuchjudgmenthasprevi-ouslyobtainedanExequatur,whichisregulatedbyColom-bianlaw.

11.20 InternationalBankingFacilities

CertainLendersintendtobookextensionsofcredithere-underon thebooksand recordsof their respective inter-national banking facilities,whichwill constituteanexten-sionofcreditwithinthemeaningofSection204.8(a)(3)ofRegulationDof theBoard(“Regulation D”).Accordingly,pursuanttoRegulationD,theBorroweracknowledgesthatsuchLendershavenotifiedthatitisthepolicyoftheBoardthatextensionsofcreditby internationalbankingfacilitiesmaybeusedonlytofinanceoperationsoutsideoftheUnit-edStatesofborrowersortheiraffiliateswhicharelocatedoutsidetheUnitedStates.TheBorroweragreestolimititsuseofthenetproceedsoftheLoanstothefinancingofitsoperationsoutsidetheUnitedStates.

[Remainder of Page Intentionally Left Blank]

INWITNESSWHEREOF,eachofthepartieshere-tohascausedthisAgreementtobedulyexecutedandde-liveredasofthedatefirstabovewritten.

EMPRESASPÚBLICASDEMEDELLÍNE.S.P.,asBorrower

By: Name: Title:

THEBANKOFTOKYO-MITSUBISHIUFJ,LTD.,asAdministrativeAgent

By: Name: Title:

By: Name: Title:

HSBCBANKUSA,N.A.,asLender

By: Name: Title:

BANKOFAMERICA,N.A.,asLender

By: Name: Title:

By: Name: Title:

THEBANKOFTOKYO-MITSUBISHIUFJ,LTD.,asLender

By: Name: Title:

By: Name: Title:

SUMITOMOMITSUIBANKINGCORPORATION,NEWYORKBRANCH,asLender

By: Name: Title:

By: Name: Title:


CITIBANK,N.A.,ACTINGTHROUGHITSINTER-NATIONALBANKINGFACILITY,asLender

By: Name: Title:

By: Name: Title:

JPMORGANCHASEBANK,N.A.,asLender

By: Name: Title:

By: Name: Title:

MIZUHOBANK,LTD.,asLender

By: Name: Title:

By: Name: Title:

SCHEDULE 1.01-I

COMMITMENTS

Lender Commitment

HSBCSECURITIES(USA)INC.;

BANKOFAMERICA,N.A.;

THEBANKOFTOKYO-MITSUBISHIUFJ,LTD.;

SUMITOMOMITSUIBANKINGCORPORATION;

CITIGROUPGLOBALMARKETSINC.;

JPMORGANSECURITIESLLC.;and

MIZUHOBANK,LTD.

$175.000.000

$175.000.000

$175.000.000

$175.000.000

$100.000.000

$100.000.000

$100.000.000Total

$1.000.000.000FiguresinUnitedStatesDollars

SCHEDULE 1.01-II

EXISTING LIENS

Name of Lender Nature of the lien Specifications of the LienInter-American

DevelopmentBankCounterguarantee

inconnectionwithcertainIADBloans

CertainloansgrantedtotheBorrowerbytheInter-AmericanDevelopmentBankareguaranteedbytheRepublicofColombia.PursuanttoColombianlaw,whenevertheRepublicofColombiaissuesaguaranteetosecuretheobligations of a government-owned company in respect of third parties,government-ownedcompaniesarerequiredtoissueacounter-guaranteeinfavoroftheRepublicofColombia.Underthecounter-guaranteegrantedbytheBorrowerundertheloansenteredwiththeIADB,theBorroweragreedto granta lienonaportionof its revenues, resulting fromtherenderingofpublicutilityservicesequalto120%ofthedebtcorrespondingtoasix-monthperiod.

SCHEDULE 6.01(b)

GOVERNMENTAL APPROVALS

(a) Approval from the Ministry of Finance throughResolutionNo. 1348ofMay17, 2012;No. 3071ofSeptember2,2014andNo.4783ofDecember22,2015

(b) Authorization to execute the Agreement issuedby theMinistry of Finance given by means of aResolution, prior approval of the minutes of theLoan Documents by the General Directorateof Public Credit (Dirección General de Crédito Público)(Article6ofLaw781of2002andarticle2.2.1.2.1.4ofDecree1068of2015)asevidencedbythepublicationoftheResolutionintheOfficialDiary, which will be satisfied by the order of the

40


GeneralDirectorateofPublicCreditandNationalTreasury of the Ministry of Finance pursuant toarticle18ofLaw185of1995.

(c) Registration of the Agreement before theColombianCentralBankbymeansofFormNo.6“Información de Endeudamiento Externo otorgado a Residentes”.

(d) ThefavorableopinionfromtheNationalPlanningDepartment (Departamento Nacional de Planeación), prior to Resolutions No. 1348 and3071.

EXHIBIT A

FORM OF ASSIGNMENT AND ASSUMPTION AGREEMENT

ASSIGNMENT AND ASSUMPTION

This Assignment and Assumption (the “Assign-mentandAssumption”) is datedasof theEffectiveDatesetforthbelowandisenteredintobyandbetween[Insert name of Assignor](the“Assignor”)and[Insert name of As-signee] (the “Assignee”). Capitalized termsusedbutnotdefinedhereinshallhave themeaningsgiven to them inthe CreditAgreement identified below (as amended, the“CreditAgreement”), receiptofacopyofwhich isherebyacknowledgedbytheAssignee.TheStandardTermsandConditionssetforthinExhibit1attachedheretoareherebyagreedtoandincorporatedhereinbyreferenceandmadea part of thisAssignment andAssumption as if set forthhereininfull.

Foranagreedconsideration,theAssignorherebyirrevocablysellsandassignstotheAssignee,andtheAs-signee hereby irrevocably purchases and assumes fromtheAssignor,subjecttoandinaccordancewiththeStan-dardTermsandConditionsandtheCreditAgreement,asoftheEffectiveDateinsertedbytheAdministrativeAgentascontemplatedbelow(i)alloftheAssignor’srightsandobli-gationsinitscapacityasaLenderundertheCreditAgree-ment and any other documents or instruments deliveredpursuant thereto to theextent related to theamountandpercentageinterestidentifiedbelowofallofsuchoutstand-

ingrightsandobligationsoftheAssignorundertherespec-tivefacilities identifiedbelowand(ii) totheextentpermit-tedtobeassignedunderApplicableLaw,allclaims,suits,causesofactionandanyotherrightoftheAssignor(initscapacityasaLender)againstanyPerson,whetherknownorunknown,arisingunderorinconnectionwiththeCreditAgreement,anyotherdocumentsorinstrumentsdeliveredpursuanttheretoortheloantransactionsgovernedtherebyorinanywaybasedonorrelatedtoanyoftheforegoing,including, but not limited to, contract claims, tort claims,malpractice claims, statutory claims and all other claimsat law or in equity related to the rights and obligationssoldandassignedpursuanttoclause(i)above(therightsandobligationssoldandassignedpursuanttoclauses(i)and(ii)abovebeingreferredtohereincollectivelyas,the“AssignedInterest”).SuchsaleandassignmentiswithoutrecoursetotheAssignorand,exceptasexpresslyprovidedinthisAssignmentandAssumption,withoutrepresentationorwarrantybytheAssignor.

1. Assignor:______________________________

2. Assignee:______________________________

[andisanAffiliate/approvedfundof [identify Lender]1]

3. Borrower:EMPRESASPÚBLICASDE MEDELLÍNE.S.P.

4. AdministrativeAgent:[●]

5. CreditAgreement: The Credit Agreement datedas of [●], 2015, amongEMPRESAS PÚBLICASDE MEDELLÍN E.S.P., asBorrower, certain Lenderspartiesthereto,andTHEBANKOF TOKYO-MITSUBISHIUFJ, LTD., as AdministrativeAgent.

6. AssignedInterest:

1Selectasapplicable.

Facility AssignedAggregate Amount of

Commitment/Loans for all Lenders*

Amount of Commitment/Loans

Assigned*

Percentage Assigned of Commitment/Loans2

Commitment $ $ %Loans $ $ %

$ $ %

7. TradeDate: ______________

*AmounttobeadjustedbythecounterpartiestotakeintoaccountanypaymentorprepaymentsmadebetweentheTradeDateandtheEffectiveDate.2Setforth,toatleast9decimals,asapercentageoftheCommitment/LoansofallLendersthereunder.


EffectiveDate:________________,20___[TOBE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]

The terms set forth in this Assignment and As-sumptionareherebyagreedto:

ASSIGNOR [NAMEOFASSIGNOR] By:______________________________ Title:

ASSIGNEE

[NAMEOFASSIGNEE]

By:______________________________ Title:

Acceptedandconsentedtoby:

[●]

asAdministrativeAgent

By Title:

[Consentedtoby:

EMPRESASPÚBLICASDEMEDELLÍNE.S.P., asBorrower

By Title: ]3

Exhibit 1

Standard Terms and Conditions for Assignment and Assumption

1. RepresentationsandWarranties.

1.1 Assignor. The Assignor (a) representsandwarrantsthat(i)itisthelegalandbeneficialowneroftheAssignedInterest,(ii)theAssignedInterestisfreeandclearofanylien,encumbranceorotheradverseclaimand(iii)ithasfullpowerandauthority,andhastakenallactionnecessary,toexecuteanddeliverthisAssignmentandAs-sumptionandtoconsummatethetransactionscontemplat-edhereby;and(b)assumesnoresponsibilitywithrespectto(i)anystatements,warrantiesorrepresentationsmadeinorinconnectionwiththeCreditAgreementoranyotherCredit Document, (ii) the execution, legality, validity, en-forceability,genuineness,sufficiencyorvalueoftheLoanDocuments,(iii)thefinancialconditionoftheBorrower,any

3 TobeincludedtotheextentconsentoftheBorrowerisrequiredpursuanttoSection11.03(b)

ofitsSubsidiariesorAffiliatesoranyotherPersonobligatedinrespectofanyLoanDocumentor(iv)theperformanceorobservancebytheBorrower,anyof itsSubsidiariesorAffiliatesoranyotherPersonofanyoftheirrespectiveob-ligationsunderanyLoanDocument.

1.2. Assignee. The Assignee (a) representsandwarrantsthat(i)ithasfullpowerandauthority,andhastakenallactionnecessary,toexecuteanddeliverthisAs-signmentandAssumptionandtoconsummatethetransac-tionscontemplatedherebyandtobecomeaLenderundertheCreditAgreement, (ii) itmeetsall requirementsofanassignee under theCreditAgreement (subject to receiptof such consents as may be required under the CreditAgreement),(iii)fromandaftertheEffectiveDate,itshallbeboundbytheprovisionsoftheCreditAgreementasaLender thereunderand, to theextentof theAssigned In-terest,shallhave theobligationsofaLender thereunder,and (iv) it has received a copy of theCreditAgreement,togetherwithcopiesofthemostrecentfinancialstatementsdeliveredpursuant toSection7.01(b) thereof,asapplica-ble,andsuchotherdocumentsand informationas ithasdeemedappropriate tomake its own credit analysis anddecisiontoenterintothisAssignmentandAssumptionandtopurchasetheAssignedInterestonthebasisofwhichithasmadesuchanalysisanddecision independentlyandwithout relianceon theAdministrativeAgentoranyotherLender; and (b) agrees that (i) it will, independently andwithoutrelianceontheAdministrativeAgent,theAssignororanyotherLender,andbasedonsuchdocumentsandin-formationasitshalldeemappropriateatthetime,continuetomakeitsowncreditdecisionsintakingornottakingac-tionundertheLoanDocuments,and(ii)itwillperforminac-cordancewiththeirtermsalloftheobligationswhichbythetermsoftheLoanDocumentsarerequiredtobeperformedbyitasaLender.

2. Payments. From and after the EffectiveDate, the Administrative Agent shall make all paymentsinrespectoftheAssignedInterest(includingpaymentsofprincipal,interest,feesandotheramounts)totheAssignorforamountswhichhaveaccrued tobutexcluding theEf-fectiveDateandtotheAssigneeforamountswhichhaveaccruedfromandaftertheEffectiveDate.

3. GeneralProvisions.ThisAssignmentandAssumptionshallbebindingupon,andinuretothebenefitof,thepartiesheretoandtheirrespectivesuccessorsandassigns. ThisAssignment andAssumptionmaybe exe-cutedinanynumberofcounterparts,whichtogethershallconstituteoneinstrument.Deliveryofanexecutedcoun-terpartofasignaturepageofthisAssignmentandAssump-tionbytelecopyshallbeeffectiveasdeliveryofamanuallyexecutedcounterpartofthisAssignmentandAssumption.ThisAssignment andAssumption shall be governed by,andconstruedinaccordancewith,thelawoftheStateofNewYork.

42


EXHIBIT B

FORM OF INSTRUCTIONS LETTER

INSTRUCTIONS LETTER

Medellín,[Date]

Messrs.

[●]and/oritsassigneeandsuccessors.

Reference: Instructions to complete the Promissory Note with Blank Spaces No. [●].

DearSirs:

EMPRESASPÚBLICASDEMEDELLÍNE.S.P.,apublicutilityservicescompanyorganizedandexistingunderthelawsoftheRepúblicadeColombia, identifiedwiththetaxidentificationnumberNIT890904996,withfullcapacitytoissuesecurities,anddomiciledinMedellín(hereinafterthe“Borrower”),representedhereinbytheundersignedJUANESTEBANCALLERESTREPO,oflegalage,domiciledinMedellín,Colombia,identifiedwithciti-zenshipcardnumber70.566.038,issuedonEnvigadoactingasChiefExecutiveOfficer,dulyauthorizedbytheBoardofDirec-torsunderMinutenumber1539ofSeptember6,2011toexecutethisdocument,inaccordancewitharticle622oftheColombianCommercialCode, hereby imparts instructionsand irrevocableandpermanentpowersto[●]and/oritssuccessorsorassignees(hereinafter the “Lender”) (inEnglish the “Lender”),a foreignfinancial institutiondulyorganizedandexistingunder the lawsof its country, acting in its capacity as Lender under the LoanAgreement(asdefinedbelow),tofilleachandeveryoneoftheblankspacesleftinthePromissoryNoteidentifiedattheheadingof this InstructionsLetter (hereinafter the “Promissory Note”),intheeventtheobligationssetforthunderthePromissoryNotebecomedueandinaccordancetothetermssetforthbelow:

CARTA DE INSTRUCCIONES

Medellín,[Fecha]

Señores.

[●]y/osuscesionarioycausahabientes

Referencia: Instrucciones para diligenciar el Pagaré con Espacios en Blanco No.[●].

EstimadosSeñores:

EMPRESASPÚBLICASDEMEDELLÍNE.S.P., empresadeserviciospúblicosdomiciliarios,organizadayexistentebajolasleyesdelaRepúblicadeColombia,identificadaconNIT890904996ydomiciliadaenMedellín(enadelanteel“Deudor”),representadaenesteactoporelsuscritoJUANESTEBANCALLERESTREPO,mayordeedad,domiciliadoenMedellín,Colombia,identificadoconlacéduladeciudadaníanúmero70.566.038,expedidaenEnvigado,actuandoencalidaddeRepresentanteLegal,debidamenteautor-izadoporlaJuntaDirectivamedianteActaNo.1539del6desep-tiembrede2011parasuscribirelpresentedocumento,conformealartículo622delCódigodeComercioColombiano,pormediodelapresentecartaimparteinstruccionesyfacultadesirrevocablesyper-manentesa[●],condomicilioen[●],y/osuscesionariosocausa-habientes(enadelanteel“Acreedor”)(eninglésthe“Lender”),unaentidadfinancieraextranjeradebidamenteconstituidayactualmenteexistentebajolasleyesdesupaís,ensucarácterdeAcreedorbajoelContratodeCrédito (tal ycomosedefinemásadelante),parallenar todosycadaunode losespaciosenblancodejadosenelPagaréidentificadoenelencabezamientodeestaCartadeInstruc-ciones (enadelante, el “Pagaré”), cuandosehaganexigibles lasobligaciones contenidasendichoPagaréen los términosque seindicanacontinuación:

1. BACKGROUND AND CAUSE.

On[●][●]20[●],theBorrowerandtheLenderexecut-ed the Loan Agreement (hereinafter the “Loan Agreement”)whereby,theLenderagreedtolend,andtheBorroweragreedtoborrow[●]DOLLARSOFTHEUNITEDSTATESOFAMERICA(USD$[●])(hereinafterthe“Term Loan”),withamaximumdead-lineforpaymentof[●],countedfrom[●]assetforthintheLoanAgreement.

As a condition precedent to grant and disburse theLoan,itwasagreedthatEMPRESASPÚBLICASDEMEDELLÍNE.S.P. should have issued and delivered the PromissoryNotewherebytheTermLoanisevidenced.

1. ANTECEDENTES Y CAUSA.

Eldía[●]de[●]de20[●]elAcreedoryelDeudorsuscribi-eronelContratodeCrédito (enadelante,el “Contrato de Crédi-to”)paraentregaratítulodemutuoopréstamolasumade[●]DEDÓLARESDELOSESTADOSUNIDOSDEAMÉRICA(US$[●])(enadelanteel“Préstamo”),conunplazomáximoparasupagode[●],contadosapartirde[●]talycomoseestableceenelContratodeCrédito.

Como condición para el otorgamiento y desembolso delPréstamo,seestablecióqueEMPRESASPÚBLICASDEMEDELLÍNE.S.P.debíahaberotorgadoyentregadoelPagarémedianteelcualseevidenciaelPréstamo.

2. AUTHORIZATION TO FILL THE PROMISSORY NOTE.

Should (i) EMPRESAS PÚBLICAS DE MEDELLÍNE.S.P. fail inwholeor inpart topayanyoutstandingsumdueand payable under the Loan, including principal repayments,interestpaymentsorotheramountsdueundertheLoanonthedateonwhichsuchpaymentisdueundertheLoanAgreementor(ii)anyotherEventsofDefault(inEnglish“Events of Default”)described therein leading to the acceleration of the amountsdueandpayableoccur,andsuchamountsarenotpaid; [●]orits assignees, endorsees or successors may fill in the blankspaces of the Promissory Note identified above, without priornotice,presentation,protest,noticeofdefaultoranyothernotice,notificationoradditionalrequirementofanynature,inaccordancewiththisInstructionsLetter.

2. AUTORIZACIÓN PARA LLENAR EL PAGARÉ.

Eneleventoenque(i)EMPRESASPÚBLICASDEME-DELLÍNE.S.P.incumplaentodooenpartesuobligacióndepagodecualquierade lascuotasdecapital, interesesodemássumasdebidasbajoelPréstamoen las fechasprevistasdeconformidadconelContratodeCréditou(ii)ocurracualquierotrodelosEven-tosdeIncumplimiento(eninglés“Events of Default”)allídescritosqueconllevenalvencimientoanticipadodelassumasadeudadasyéstasno fuerenpagadas; [●]osuscesionarios,endosatariosocausahabientes,podrállenarlosespaciosenblancodelPagaréar-ribaidentificado,sinnecesidaddeprevioaviso,presentación,pro-testo,constituciónenmora,cualquierotrotipodeaviso,notificacióno requisito adicional de cualquier naturaleza de conformidad conestaCartadeInstrucciones.


3. VALUE OR AMOUNT OF THE PROMISSORY NOTE.

EMPRESAS PÚBLICAS DE MEDELLÍN E.S.P. ex-presslyand irrevocablyauthorizes that [●]and /or its succes-sorsorassigneesfillintheblankspacesofthePromissoryNotemechanically(withatypewriter)ormanuallyinaccordancewiththeinstructionsbelow:

3. VALOROIMPORTEDELTÍTULO.

EMPRESAS PÚBLICAS DE MEDELLÍN E.S.P. autorizaexpresaeirrevocablementeque[●]y/osussucesoresosuscausa-habientes llenen los espacios en blanco del Pagaré de maneramecánica (amáquina)oamanodeconformidadcon las instruc-cionesqueseindicanacontinuación:

3.1 The blank space included under Section 1.1. of thePromissory Note shall be completed with the outstandingamountsofprincipal(inlettersandnumbers)tothedateinwhich thePromissoryNote iscompletedand thataredueon such date by EMPRESAS PÚBLICAS DE MEDELLÍNE.S.P.to[●]undertheLoan(inEnglish,the“Loan”),includ-ingamountsdueandoutstandingduetomaturityoranyac-celerationinaccordancetotheLoanAgreement.

3.1 Elespacioenblanco identificadoconelnumeral1.1.delPagarésellenaráconlassumasdecapital(enletrasynúmeros)quealafechaenqueelPagaréseallenadoyqueEMPRESASPÚBLICASDEMEDELLÍNE.S.P.adeude,entalfecha,afavordel[●]porconceptodelPréstamo(eninglés,el“Loan”),incluy-endolassumasadeudadasypendientesdepagoporvirtuddevencimientodelplazoocualquieraceleracióndeconformidadconelContratodeCrédito.

3.2 TheblankspacesincludedinSection1.2.oftheProm-issory Note shall be completed as follows: blank spacesidentifiedwithnumber(1)with theoutstandingamountsofinterest(inlettersandnumbers)calculatedovertheprincipalamountsetforthundersection1.1ofthePromissoryNoteinaccordancetotheprovisionssetforthundertheLoanAgree-ment,blankspacesidentifiedwithnumber(2)withthedateas ofwhich such interests are accrued and blank spacesidentifiedwith number (3)with the date up towhich suchinterests are accrued. As set forth under the PromissoryNote,interestsreferredtoundersection1.2ofthePromis-soryNote shall bear default interests, it being understoodthatanyoutstandinginterestobligationsthatremainunpaidformorethanone(1)yearmay(uponthesatisfactionoftherules set forth inArticle 886 of theCommercial Code) besubjecttointerestoninterestunderColombianlawascur-rentlyineffect.

3.2 Los espacios en blanco incluidos en el numeral 1.2. delPagarésellenaránasí:losespaciosidentificadosconelnumer-al(1)conlassumasdevengadasporconceptodelosinteresesremuneratorios(enletrasynúmeros)calculadossobreelcapi-talindicadoenelnumeral1.1.delPagarédeconformidadconloprevistoenelContratodeCrédito,losespaciosidentificadosconelnumeral(2)conlafechaapartirdelacualsedevengandichosinteresesylosespaciosidentificadosconelnumeral(3)con la fechahasta lacualsedevengandichos intereses.TalcomoseindicaenelPagaré,losinteresesremuneratoriosin-dicadosenelpunto1.2delmismocausaráninteresesdemora,tomandoencuentaquecualquierobligaciónnosatisfechaconrespectoal pagode interesesdebidospormásdeun1año(sujetoalasatisfaccióndelasnormasprevistasenelartículo886delCódigodeComercio)estaránsujetasalpagodeinteréssobreinterésbajolaleycolombianavigente.

3.3 TheblankspacesincludedinSection1.3.oftheProm-issory Note shall be completed as follows: blank spacesidentified with number (1) with the outstanding amountsof thedefault interests (in lettersandnumbers)calculatedovertheprincipalamounts,interestpaymentsandanyotheramountsdueandoutstanding,eitherduetomaturity,accel-eration or otherwise, in accordancewith the provisions ofthe LoanAgreement, blank spaces identifiedwith number(2)withthedateasofwhichsuchinterestsareaccruedandblankspacesidentifiedwithnumber(3)withthedateuptowhichsuchinterestsareaccrued.

3.3 Los espacios en blanco incluidos en el numeral 1.3. delPagaré se llenaránasí: los espacios identificados conel nu-meral (1)con lassumasdevengadasporconceptode los in-teresesmoratorios(enletrasynúmeros)calculadossobrelascuotasdecapitalodeinteresesocualquierotromontovencidoypendientedepago,bienseaporcumplimientodelplazo,poraceleraciónodecualquierotra forma,deconformidadcon loprevistoenelContratodeCrédito, losespacios identificadosconelnumeral(2)conlafechaapartirdelacualsedevengandichosinteresesylosespaciosidentificadosconelnumeral(3)conlafechahastalacualsedevengandichosintereses.

4. MATURITY.

The blank space included under Section 3 of thePromissory Note corresponding to the maturity date, shall becompleted including the date in which the Promissory Note isfilledorcompleted.

4. VENCIMIENTO.

El espacio en blanco en el numeral 3 del Pagarécorrespondientealafechadevencimiento,sellenaráconlafechadeldíaenqueselleneocompleteelPagaré.

5. DATE AND CITY OF ISSUANCE.

[●]isentitledtoincludeasdateandcityofissuancethedateandcityinwhichitdecidestofillorcompletethePromissoryNote.

5. FECHA Y CIUDAD DE EMISIÓN.

[●]estáfacultadoparacolocarcomofechaylaciudaddeemisióneldíay laciudadenquesedecida llenarocompletarelPagaré.

6. SUCCESSORS AND ASSIGNEES.

BlanksspacescanbecompletedbythesuccessorsorassigneesoftheLoaninaccordancewithSection[●]oftheLoanAgreement.

ThePromissoryNotecompleted inaccordance to theprovisionssetforthherein,shallbedirectlyenforceablewithoutanyfurtherrequirements.

6. SUCESORES O CAUSAHABIENTES.

Los espacios en blanco pueden ser llenados por lossucesoresocausahabientesdelPréstamodeconformidadcon laSección[●]delContratodeCrédito.

El Pagaré así llenado será exigible inmediatamente yprestaráméritoejecutivosinmásrequisitos.

Sincerely,

TheBorrower,

EMPRESASPÚBLICASDEMEDELLÍNE.S.P.

By: Name: JUAN ESTEBAN CALLE RESTREPO Identification: C.C. 70.566.038 Capacity: ChiefExecutiveOfficer

Atentamente,

ElDeudor,


Por: Nombre:JUANESTEBANCALLERESTREPO Identificación:C.C.70.566.038 Cargo: RepresentanteLegal

44


EXHIBIT C

FORM OF LOAN REQUEST

LOAN REQUEST

[[●][●],[●]]

[●] [●] Attn:[●] Phone:+1[●] Facsimile:+1[●] Email:[●]

LadiesandGentlemen:

ReferenceismadetotheCreditAgreementdatedasof[●],2015(the“Agreement”)byandamongEMPRE-SAS PÚBLICAS DE MEDELLÍN E.S.P. (the “Borrower”)THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., asAd-ministrativeAgentandtheLenderspartythereto.Unlessotherwisedefinedherein,termsdefinedintheAgreementshallhavethesamemeaninginthisLoanRequest.

The Borrower hereby requests the Lenders tomake Loans to the Borrower in the principal amount ofU.S.$[●](the“Loan Amount”)on[[●][●],[●]](the“Disburse-ment Date”)undertheAgreement,asfollows:

LOANAMOUNT:[●] DISBURSEMENTDATE:[[●][●],[●]]

EXHIBIT D

FORM OF PROMISSORY NOTE

FORM OF PROMISSORY NOTE4

Blank Promissory Note No. [●]

EMPRESASPÚBLICASDEMEDELLÍNE.S.P. a pub-lic utility services Company organized and existing under the laws of the República de Colombia , identifiedwith thetaxidentificationnumberNIT890904996,withfullcapacitytois-suesecurities,anddomiciledinMedellín(hereinafterthe“Bor-rower”), represented herein by the undersigned JUANESTE-BANCALLERESTREPO, of legal age, domiciled inMedellín,Colombia, Colombia, identified with citizenship card number70.566.038,issuedonEnvigadoactingasChiefExecutiveOffi-cer,dulyauthorizedbytheBoardofDirectorsunderMinutenum-ber1539ofSeptember6,2011toexecutethisdocument,herebypromisestopayunconditionallyandirrevocably,totheorderof[●],domiciled in [●] (hereinafter the “Lender”),or its registeredassigneeinduecourse,includingtheendorsee,theamountsin-dicatedbelow:

FORMATO DE PAGARÉ

Pagaré en Blanco No. [●]

EMPRESASPÚBLICASDEMEDELLÍNE.S.P., empresadeserviciospúblicosdomiciliarios,organizadayexistentebajolasleyesdelaRepúblicadeColombia,identificadaconNIT890904996ydomiciliadaenMedellín(enadelanteel“Deudor”),representadaenesteactoporelsuscritoJUANESTEBANCALLERESTREPO,mayordeedad,domiciliadoenMedellín,Colombia,identificadoconla cédula de ciudadanía número 70.566.038, expedida en Envi-gado,actuandoencalidaddeRepresentanteLegal,debidamenteautorizadoporlaJuntaDirectivamedianteActaNo.1539del6deseptiembrede2011parasuscribirelpresentedocumento,declaraquepagarádemanera incondicionale irrevocable,a laordendel[●],condomicilioen[●](enadelanteel“Acreedor”),oacualquiercesionario legítimo, incluyendo el endosatario, las sumas que seindicanacontinuación:

TheBorrowerherebyinstructstheLenderstodisbursetheLoantoaccountNo.[●]with[●],ABANo.[●],Attn.:EMPRESASPÚBLICASDEMEDELLÍNE.S.P.

The Borrower hereby certifies that the followingstatementsaretrueonthedatehereof,andwillbetrueontheDisbursementDate:

(a) the representationsandwarrantiesmadebytheBorrowerinSection6oftheAgree-mentaretrueandcorrectinallmaterialre-spectsbothbeforeand immediatelyaftergivingeffecttotheLoansandtheapplica-tionoftheproceedsthereof;providedthatrepresentations and warranties qualifiedas to materiality are true and correct onandasofsuchdate;and

(b) no Event of Default has occurred and iscontinuing both before and immediatelyaftergivingeffecttotheLoansandtheap-plicationoftheproceedsthereof.

IN WITNESS WHEREOF, the undersigned haveexecutedthisLoanRequestanddeliveredthesameasofthedatefirstwrittenabove.


By: Name: Title:

4 Englishtranslationisforconvenience.TheSpanishversionwillbeexecutedanddeliveredontheAgreementDate.


1. AmountsinU.S.Dollars 1. SumasenDólaresdelosEstadosUnidosdeAmérica:1.1 Theamountof_______________UnitedStatesdollars(USD$_______________) corresponding to the principalamountdisbursedanddueundertheLoan.

1.1 Lasumade_____________________dólaresde losEs-tadosUnidosdeAmérica(US$_________________________)por concepto de capital desembolsado y adeudado bajo elPréstamo.

1.2 Theamountof(1)_________________UnitedStatesdollars (USD$_____________)corresponding to the inter-estsaccruedundertheloan,asofthe(2)____dayof____,20__anduntilthedayof(3)____of____20_;and

1.2 La suma de (1)____________________ dólares de losEstados Unidos deAmérica (US$__________) por conceptode intereses remuneratoriosdevengadosbajoelpréstamo,apartirdeldía(2)____de____de20__yhastaeldía(3)____de____de20__;y

1.3 Theamountof(1)______________UnitedStatesdol-lars(USD$_____________)correspondingtodefaultinter-estsaccruedandunpaid,asof the (2)____dayof____,20__anduntilthedayof(3)____of____20___.

1.3 Lasumade(1)___________dólaresdelosEstadosUni-dosdeAmérica (US$____________)porconceptode intere-sesdemoracausadosypendientesdepago,apartirdeldía(2)____de____de20__yhastaeldía(3)____de____de20_.

1. The amounts referred to under section 1 above shallbearinterestasfollows:

1. Lassumasindicadasenelnumeral1anteriordevengaráninteresesasí:

1.1 Theamount referred toundersection1.1aboveshallbeardefault interestsat the interest rateapplicable to theloan plus two percent (2%) annually, subject to themaxi-mumratepermittedunderapplicablelaw.

1.1 La suma indicada en el numeral 1.1 anterior devengaráinteresesdemoraalatasadeinterésanualremuneratoriaapli-cable al préstamo adicionada en dos por ciento (2%) anual,sujetoalatasamáximadeinteréspermitidaporlaleyaplicable.

1.2 Theamount referred toundersection1.2aboveshallbearinterestsattheinterestrateapplicabletotheloanplus2percent(2%)annually,fromthedateofthejudiciallawsuitoragreementwithEMPRESASPÚBLICASDEMEDELLÍNE.S.P.followingmaturity,subjecttoapplicabilityoftherulessetforthinArticle886oftheCommercialCode,itbeingun-derstood that any outstanding interest obligations that re-mainunpaidformorethanone(1)yearmay(uponthesatis-factionoftherulessetforthinArticle886oftheCommercialCode)besubjecttointerestoninterestunderColombianlawascurrentlyineffect.

1.2 Lasumaindicadabajoelnumeral1.2devengaráinteresesalatasadeinterésanualremuneratoriaaplicablealpréstamoadicionadaendosporciento(2%)anual,desdelafechadelademanda judicial o por acuerdoposterior al vencimiento conEMPRESAS PÚBLICAS DE MEDELLÍN E.S.P., tomando encuentaquecualquierobligaciónnosatisfechaconrespectoalpagodeinteresesdebidospormásdeun1año(sujetoalasat-isfaccióndelasnormasprevistasenelartículo886delCódigodeComercio)estaránsujetasalpagodeinteréssobreinterésbajolaleycolombianavigente.

2. All payments under this Promissory Note shall bemade by EMPRESAS PÚBLICAS DE MEDELLÍNE.S.P. as Borrower, in the city of New York, UnitedStates of America, in immediately available funds,without any deduction, withholding or set-off (exceptas requiredbyapplicable law), on the followingdate:____________________.

2. TodoslospagosbajoelpresentePagarédebenserreal-izadosporEMPRESASPÚBLICASDEMEDELLÍNE.S.P.comoDeudorenlaciudaddeNuevaYork,EstadosUnidosdeAmérica,enfondosinmediatamentedisponibles,libresde retenciones y sin deducción o compensación (salvoporloprevistoporleyaplicable)algunaenlasiguientefe-cha:_______________________.

3. TheBorrowerexpresslyagreesthattheobligationssetforthunderthisPromissoryNotecorrespondtoforeignexchangeoperationsandthereforeshallbepaidintheagreedcurrency.

3. ElDeudorexpresamenteaceptaque lasobligaciones in-corporadasenestePagaré correspondenaoperacionescambiariasy,enconsecuencia,seránpagadasenladivisaacordada.

4. TheBorrower,asborrower,irrevocablywaivesthepre-sentation,protest,noticeofdefaultoranyothernotice,notificationoradditionalrequirementofanykind,forthecollectionofthisPromissoryNote.

4. ElDeudor, comodeudor, renuncia irrevocablementea lapresentación, protesto, constitución enmora o cualquierotrotipodeaviso,notificaciónorequisitoadicionaldecual-quiernaturalezaparaelcobrodeestePagaré.

5. TheBorroweragreestopayallthecosts,feesandex-pensesincurredtothecollectionorenforcementofthisPromissoryNote.

5. ElDeudor,aceptaqueserándesucargolosgastosyhon-orariosprofesionalesquesegenerenpor lacobranzadeestePagaré.

6. The Borrower agrees to pay taxes (including stamptaxes)thatmaybedueunderthisPromissoryNote,asprovidedinSection4oftheCreditAgreementandsub-jecttothelimitationsfoundtherein.

6. ElDeudoraceptaqueserándesucargotodoslosimpues-tosquepuedacausarelpresentePagaré, incluyendo,siresultareaplicable,el impuestode timbre,conformea loprevistoen laSección4delContratodeCrédito ya lostérminosycondicionesahíprevistos.

7. TheBorrowerexpresslyagreesthatintheeventofex-tension,renewalormodificationofitsobligationunderthis Promissory Note, this security shall remain validand in effect until thedateagreedunder suchexten-sion,renewalormodification.

7. ElDeudoraceptaexpresamentequeencasodeprórroga,novaciónomodificacióndelaobligaciónasucargocon-tenidaenestePagaré,elpresentePagarécontinuarávi-gentehastalafechapactadaendichaprórroga,novaciónomodificación.

8. ThisPromissoryNote shall be governedbyand con-strued inaccordancewith the lawsof theRepublicofColombiaandtheundersignedBorrower,EMPRESASPÚBLICASDEMEDELLÍNE.S.P.,herebyagreesthatthelawsthatgovernitscreationarethelawsoftheRe-publicofColombia,placewherethisPromissoryNotehasbeenexecutedbyEMPRESASPÚBLICASDEME-DELLÍNE.S.P.

8. ElpresentePagaréseencuentraregidopor,yseráinter-pretadodeconformidadcon,lasleyesdelaRepúblicadeColombiayelsuscritoDeudor,EMPRESASPÚBLICASDEMEDELLÍNE.S.P., expresamente acuerda que las leyesquerigensucreaciónsonlasdelasleyesdelaRepúblicadeColombia,lugardondehasidofirmadoporEMPRESASPÚBLICASDEMEDELLÍNE.S.P.

9. ThisPromissoryNoteshallbeexecutedinthecompe-tentcourtintheRepublicofColombia.

9. El presente Pagaré podrá ser ejecutado ante los tribu-nalescompetentesenlaRepúblicadeColombia.

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10. ThisPromissoryNoteisexecutedinboththeEnglishand Spanish language, both versions of which shallbindtheBorrower;provided,however,thatinthecaseofdoubtastotheproperinterpretationorconstructionofthispromissorynote,theSpanishversionshallpre-vail.

10. ElpresentePagarésesuscribeenCastellanoyenInglés,obligando ambas versiones al Deudor. En el evento enqueexistadudaacercadelaadecuadainterpretacióndelpresentePagaré,eltextoenCastellanoprevalecerá.

ItisherebyunderstoodthatthisPromissoryNotewasfilledorcompleted________dayof________year________,inthecityof ________,inaccordancewiththeInstructionsLet-terattachedherein.

TheBorrower,


By: Name:JUANESTEBANCALLERESTREPO Identification:C.C.70.566.038 Capacity:ChiefExecutiveOfficer

SedejaconstanciaqueestePagarésellenóocompletóel día________delmesde________del año________, en laciudadde_____________,deconformidadconlacartadeinstruc-cionesqueseadjuntaalmismo.

ElDeudor,


Por: Nombre:JUANESTEBANCALLERESTREPO Identificación:C.C.70.566.038 Cargo:RepresentanteLegal

EXHIBITE

FORM OF OFFICER’S CERTIFICATE

OFFICER’S CERTIFICATE

[●],2015

The undersigned, [●] of EMPRESAS PÚBLICASDEMEDELLÍNE.S.P.,apublicutilityservicescompanyor-ganizedandexistingunder the lawsof theRepúblicadeColombia (the “Borrower”), hereby certifies that he is anAuthorizedOfficeroftheBorrowerandherebycertifiesonbehalfoftheBorrowerthat:

This Certificate is furnished pursuant to Section5.01(b)oftheCreditAgreementdatedasof[●][●],[●],(the“Agreement”), among the Borrower, The Bank of Tokyo-MitsubishiUFJ,Ltd., asAdministrativeAgentandtheLend-erspartythereto.Unlessotherwisedefinedherein,termsdefinedintheAgreementshallhavethesamemeaninginthisCertificate.

Theundersignednamedbelow(a)hasbeendulyelected, isdulyqualifiedas,and isanofficerof theBor-rowerasoftheClosingDate,holdingtherespectiveofficebelowsetopposite tohisname,and thesignaturebelowsetoppositetohisnameishisgenuinesignature,(b)isanAuthorizedOfficeroftheBorrower.

Name Officer Signature

JuanEstebanCalleRestrepo ChiefExecutiveOfficer

AttachedheretoasExhibitE-1isatrueandcorrectcopyofthearticlesof incorporation,estatutos sociales or otherapplicableorganizationaldocumentsoftheBorroweras in effect on the date hereof together with all amend-mentsthereto.

AttachedheretoasExhibitE-2isatrueandcorrectcopyofadulyauthorizedsecretary’scertificatecertifyingthat theBoardofDirectorsof theBorrowerdulyadoptedtheresolutionsatameetingon[●],[●],atwhichaquorumwaspresentandacting throughout.Theresolutionshavenotbeenrevoked,modified,amendedorrescindedandareinfullforceandeffect.ExceptasattachedheretoasEx-hibitE-2,noresolutionshavebeenadoptedbytheBoardofDirectorsoftheBorrowerwhichdealwiththeexecution,deliveryorperformanceofanyoftheLoanDocumentstowhichitisaparty.

AttachedheretoasExhibitE-3isatrueandcorrectcopyoftheBorrower’sCertificados de Existencia y Repre-sentación Legal.

[Remainder of Page Intentionally Left Blank]

INWITNESSWHEREOF,eachoftheundersignedhasexecutedthisCertificatethis______dayof[●],[●].

By: Name:[●] Title:[●]

I, theundersigned,Secretary Generalof theBor-rower,doherebycertifythatIamanAuthorizedOfficeroftheBorrowerandherebycertifyonbehalfoftheBorrowerthat:

[●]isthedulyelectedandqualified[●]oftheBor-rower and his respective signature above is his genuinesignature.

INWITNESSWHEREOF,Ihavehereuntosetmyhandthis_____dayof[●],[●].

By: Name:[●] Title:Secretary General


Exhibit E-1 to Officer’s Certificate

Organizational Documents

[EPM to provide]


Resolutions

[EPM to provide]


Good Standing Certificate

[EPM to provide]

EXHIBIT F

FORM OF LEGAL OPINION OF MOSQUERA ABOGADOS

[●],2015

TotheLendersthatarepartiestothe CreditAgreementreferredtobelow, andTheBankofTokyo-MitsubishiUFJ,LTD, asAdministrativeAgentforsuchLenders(the“AdministrativeAgent”)

LadiesandGentlemen:

WehaveactedasColombiancounseltoEmpresasPúblicas de Medellín S.A. E.S.P. in connection with thetransactioncontemplatedbythecreditagreementdatedasof [●], 2015 (the “CreditAgreement”), amongEmpresasPúblicas de Medellín S.A. E.S.P. (the “Borrower”), thefinancial institutionsreferredtoas“Lenders” intheCreditAgreement(the“Lenders”)andtheAdministrativeAgent.

ThisopinionisbeingfurnishedtoyoupursuanttoSection5.01(d)oftheCreditAgreement.Capitalizedtermsusedhereinandnototherwisedefinedherein shall havethemeaningsassignedtothemintheCreditAgreement.

Inrenderingtheopinionssetforthbelow,wehaveexamined originals, certified copies or forms otherwiseidentified to our satisfaction of the following documents,corporaterecordsorinstruments:

a) Executed copy of the CreditAgreement.

b) ExecutedcopiesoftheNotesandtheir corresponding InstructionsLetters.

c) ExecutedcopyoftheFeeLetters.

d) Copy ofAcuerdoNo. 69 of 1997and12of1998fromtheConcejodeMedellín, includingthepowersof the general manager of EPMand his general authority toexecute agreements on behalf ofthe Borrower, in its sole capacityas legal representative of theBorrower.

e) Copy of Resolutions No. 1348 of May 17, 2012, No. 3071 ofSeptember2,2014andNo.4783of December 22, 2015 from theMinistry of Finance and PublicCredit necessary for approvingexecution of the final versionof the Opinion Documents andauthorizingtheirexecution;and

f) Photocopy of current by-laws(estatutos) of the Borrower,contained under the AcuerdoMunicipal No. 12 of 1998 ofthe Municipality of Medellín asamended.

The documents listed in paragraphs(a) through (c) are referred to herein as the “Opinion Documents” .

In addition, we have also reviewed theoriginals,orcertified,conformedorreproducedcopies,ofallrecords,agreements,instrumentsanddocumentsaswehavedeemed relevant or necessaryas thebasis for theopinionshereinafterexpressed.

In rendering the opinions expressedbelow, we have assumed, without any independentinvestigationorverificationofanykind:(i)thegenuinenessofallsignatures;(ii)theauthenticityofallagreementsanddocumentssubmittedtousasoriginalsandtheconformitytotheoriginalsofsuchagreementsanddocumentssubmittedto usas copies; (iii) thedueorganization, existenceandgoodstandingofallparties,other thantheBorrower; (iv)thecapacity,powerandauthorityofallparties,otherthantheBorrower,toexecutetheOpinionDocumentsandthedue authorization, execution and delivery of theOpinionDocumentsbyallpartiesthereto,otherthantheBorrower;and(v)thattheOpinionDocumentsarelegal,valid,bindingandenforceableagainstthepartiestheretoinaccordancewiththeirrespectivetermsunder,andcomplyinallrespectsin form and substance with, the laws of the respectivejurisdictionchosentogovernthesame(exceptassetforthinouropinionbelow).

Theopinions renderedherein are limitedin all respects to the laws of Colombia as they stand atthedatehereofandastheyarecurrently interpreted.Wedonotexpressanyopinionofany jurisdictionother thanColombia.

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Basedupontheforegoing,andinreliancethereon,and subject to the limitations, qualifications andexceptions set forth herein, we are of the followingopinion:

1. TheBorrowerisapublicutilityservicescompanydulyorganized as a empresa industrial y comercial del Estado, validly existing and in good standing underthe laws Republic of Colombia (“Colombia”), andhas all requisite corporate power and authority andall governmental licenses, authorizations, permits,consents and approvals necessary to execute anddelivertheOpinionDocumentsandtocomplywithitsobligationsthereunder.

2. EachOpinionDocumenttowhichtheBorrowerisapartyhasbeendulyexecutedanddeliveredbytheBorrowerandconstitutesthelegal,validandbindingobligationof theBorrower,enforceableagainst theBorrower inaccordance with its terms, except as enforceabilitymay be limited by applicable bankruptcy, insolvency,moratorium, reorganization, fraudulent conveyance,transferorsimilarlawsofgeneralapplicabilityaffectingtheenforcementofcreditors’rightsgenerally.

3. Theexecutionanddelivery by theBorrower of eachoftheOpinionDocumentsandtheperformanceofitsobligations thereunder (a) are within the Borrower’scorporatepowers,(b)havebeendulyauthorizedbyallnecessarycorporateactionof theBorrower, (c)havebeendulyauthorizedby theMinistryofFinanceandPublicCreditofColombiainaccordancewithColombianpublic indebtedness regulationsandapplicable laws,and(d)donotandwillnot(1)contraveneanyof theBorrower’sorganizationaldocuments,or(2)violateanylawsofgeneralapplication inColombiaorotherwiseapplicabletotheBorrower.

4. Neither the execution and delivery of the OpinionDocuments,northeconsummationofanyotherofthetransactions therein contemplated, nor the fulfillmentofthetermsthereofwillconflictwith,resultinabreachor violation of, or imposition of any lien, charge orencumbranceuponanypropertyorassetofanyoftheBorrower pursuant to (i) its articles of incorporationor by-laws or (ii) any statute, law, rule, regulation,judgment,orderordecreeofColombia.

5. The Notes constitute effective and valid executablenegotiableinstruments(titulo valor)inColombia.AsaconsequenceofapaymentdefaultunderthetermsoftheOpinionDocuments,eachLendershallbeentitledtoinitiateacollectingprocedureinacourtinColombiaundertherespectiveNoteissuedonitsbehalfanduponthetermsprovidedforinitscorrespondingInstructionsLetter.

6. Nolicense,consentorapprovalorotheractionby,ornotice to or filing with, any Governmental Authorityis necessary for the due execution, delivery andperformancebytheBorroweroftheOpinionDocumentsor for the legality, validity or enforceability thereof

againsttheBorrowerexceptfor(i)theapprovaloftheMinistryofFinanceandPublicCreditofColombia,and(ii)thefilingofacopyoftheCreditAgreement(togetherwith its Schedules and Exhibits) before the CentralBank,whichshallbemadebytheBorroweroncesaiddocumentisexecutedandpriortothefirstLoan.

7. ThechoiceofNewYork lawas thegoverning lawoftheCreditAgreementis,underthelawsofColombia,a valid andeffective choiceof law and the courtsofColombiawouldgiveeffecttosuchchoiceoflawinanyaction,suitorproceedingarisingoutof,orotherwiserelatingto,theCreditAgreement.ThesubmissionbytheBorrowertothenon-exclusivejurisdictionofthecourtsof theStateofNewYorksitting inNewYorkCounty,andoftheUnitedStatesDistrictCourtfortheSouthernDistrictofNewYork,andanyappellatecourtfromanythereofandtheappointmentofCTCorporationSystem asitsauthorizedagentforserviceofprocessandthemanner of effecting service of process as describedin the CreditAgreement, is legal, valid, binding andenforceableunderthelawsofColombia.

8. AnyfinaljudgmentobtainedagainsttheBorrowerinaforeigncourtrelatingtoanyoftheOpinionDocumentswould be recognized, conclusive and enforceablein the courtsofColombia,without reconsiderationofthe merits, provided that the exequatur proceedingsdescribedinSections(A)and(B)onthequalificationssectionofthisopinion,arefulfilled.

9. Noincome,withholdingorothertaxesarepayablebyoronbehalfoftheBorrowertoColombiaortoanypoliticalsubdivision or taxing authority thereof or therein inconnectionwiththeOpinionDocuments.TheBorrowerispermittedtopaytheLendersandtheAdministrativeAgentanyadditionalamountswhichmayberequiredundertheOpinionDocumentstocompensateitforanyamountsowithheld.

10. TheBorrower is subject to civil and commercial lawwith respect to its obligations under each OpinionDocumentandtheexecution,deliveryandperformanceoftheOpinionDocumentsbytheBorrowerconstituteprivate and commercial acts rather than public orgovernmental acts. Except as provided in Section(T)ofthequalificationssectioninthisopinion,neitherthe Borrower nor any of its properties is entitled toany immunity (sovereign or otherwise) from anylegal action, suit or proceeding, from the jurisdictionof any court or from set-off or any legal process(whetherthroughserviceornotice,attachmentpriortojudgment,attachmentinaidofexecutionofjudgment,executionofjudgmentorotherwise)underthelawsofColombiainrespectofitsobligationsundertheOpinionDocuments.

11. The obligations of theBorrower under eachOpinionDocument do rank and will rank at least pari passu in priority of payment and in all other respects withall other present and future unsubordinatedExternalIndebtednessoftheBorrower(otherthanindebtedness


whichismandatorilypreferredbyvirtueofanyprovisionoflawofgeneralapplicationinColombia).

12. There are no restrictions or requirements whichlimit the availability or transfer of foreign currencyfor the purpose of the performance by theBorrowerof its obligations under any Opinion Document.Notwithstanding this, the Borrower shall file therequired registrations described in Section P to thequalificationsSectionofthisopinion.

13. EachoftheOpinionDocumentsisinproperlegalformunderthelawsofColombiaforenforcementthereofinaccordancewithitstermsagainsttheBorrowerinthecourtsofColombia,andtoensurethelegality,validity,enforceability or admissibility in evidence of eachOpinion Document in Colombia, it is not necessarythat any Opinion Document or any other documentbe filed, recordedor registered at this timewith anycourtorotherauthorityinColombiaorthatanystamp,transaction,registrationorsimilartaxbepaidonorinrespect of anyOpinionDocument, provided that therequired proceedings described in Section P of thequalificationssectionofthisopinionarefulfilled.

14. Neither theLendersnor theAdministrativeAgentwillbedeemedresident,domiciled,carryingonbusinessor subject to taxation in Colombia or be required tobe licensed, qualified or entitled to do business inColombia or to complywith the requirements of anyforeignregistrationorqualificationstatuteinColombia,ineachcasebyreasononlyoftheexecution,delivery,performanceorenforcementoftheOpinionDocumentsoranydocumentor instrument referred to thereinorissuedinconnectiontherewith.

15. ItisnotnecessaryunderthelawsofColombiainorderto enable the Lenders or the Administrative Agentto enforce any Opinion Document or to exercise itsrightsor remediesunderanyOpinionDocument thattheLendersor theAdministrativeAgentbe licensed,qualifiedorentitled todobusiness inColombiaor tocomplywiththerequirementsofanyforeignregistrationorqualificationstatuteinColombia.

Theopinionssetforthabovearesubjecttothefollowingqualificationsandexceptions:

(A) A final and conclusive judgment (notsubjecttoappeal)ofthecourtsoftheStateofNewYork(oraninternationalawardrenderedinaforumoutsideColombia)forthepaymentofmoneyrenderedagainstthe Borrower in respect of any Opinion Document,would be recognized by the courts of Colombia,subject to obtaining the Exequatur of the judgmentfromtheSupremeCourtofColombia(Corte Suprema de Justicia de la República de Colombia).PursuanttoArticles693 through695ofColombia’sCodeofCivilProcedure (Código de Procedimiento Civil) (whichwillbeabrogatedbyarticle605et seq. ofLaw1564of2012(Código General del Proceso)onceitisruledeffective by the Colombian Council of the Judiciary

(Consejo Superior de la Judicatura)), the courts ofColombia will give effect to and enforce a judgmentobtained in a court outside Colombia without re-trialor re-examination of themerits of the caseprovided (i) that there exists a treaty or convention relating torecognition and enforcement of foreign judgmentsbetweenColombia and the country (or state in caseofanyFederalRepublic)oforiginof thejudgmentor,intheabsenceofsuchtreaty,thatproperevidenceisprovidedtotheSupremeCourtofColombiatotheeffectthat the courts of the country of origin of the subjectjudgment would recognize and enforce Colombianjudgments,and(ii)thatthesubjectjudgmentfulfillstherequirementslistedin(B)below.

(B) In order to enforcea foreign judgment inColombia, it must first be submitted to “Exequatur” proceedings in accordancewithArticles 693 through695 of Colombia’s Code of Civil Procedure (Código de Procedimiento Civil) (which will be abrogatedby article 605et seq. of Law 1564 of 2012 (Código General del Proceso) once it is ruled effective bythe Colombian Council of the Judiciary (Consejo Superior de la Judicatura)beforetheSupremeCourtofColombiawhich, in addition to thematter referredtoin(A)(i)above,shallexaminewhetherthefollowingrequirementshavebeenfulfilled:

(i) thatthejudgmentdoesnotrefertoin-remrightsoverassetslocatedinColombia;

(ii) that the defendant was afforded dueserviceofprocessinaccordancewiththelawsofthejudgment’scountryoforiginif thejudgmenthasbeenrendered in a contentious matter, which issuance ispresumedifthejudgmentisexecutory;

(iii) thatthejudgmentisfinalandexecutoryinaccordancewiththelawsofthecountryoforiginofthejudgment,andthatadulylegalizedcopyofthejudgment(togetherwithanofficialtranslationintoSpanishifthejudgmentisissuedinaforeignlanguage)befiledtothecompetentcourtinColombiawiththeplaintiff’srequestfor“Exequatur”;

(iv) that the judgment is not contrary toColombianpublicorderprovisions,exceptforrulesofprocedure;

(v) that the matter of the judgment is notsubject to the exclusive jurisdiction of the courts ofColombia;and

(vi) thattherearenoproceedingsinColombiaoranyfinal judgmentsrenderedbyColombiancourtsoverthesamesubjectmatter.

(C) A judgment issued in a foreign courtorderingthepaymentofmoneybytheBorrowerunderan Opinion Document would not conflict with publicorder lawsofColombia.Proceedingsforexecutionof

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amoneyjudgmentbyattachmentorexecutionagainstanyassetsorproperty located inColombiawouldbewithintheexclusivejurisdictionofColombiancourts.

(D) In the course of the “Exequatur” proceedings, both the plaintiff and the defendant areallowed the opportunity to request that evidence becollected in connection with the issues listed in (B)above; and before the judgment is rendered, eachpartymaypresentfinalallegations insupportofsuchparty’sposition.

(E) If, pursuant to the Opinion Documentsgoverned by a law other than Colombian law andsubmitted to the jurisdiction of courts other thanColombiancourts,apartytosuchOpinionDocumentswere to initiate judicial actions in Colombian courts,therearenoexplicitlawsandregulationsorColombiancourt decisions with precedential value pursuant towhich it is possible to conclusively determine if aColombian judge would assume jurisdiction over thecase or, instead, determine that the case is subjectexclusively to the forum expressly agreed to by thepartiesundertheOpinionDocuments.

(F) Any proceeding to enforce a judicialdecisionbymeansofseizure,attachmentorexecutionagainst assets or property, or against any right orinterestinassetsorpropertieslocatedinColombia,issubject to theexclusive jurisdictionof theColombiancourts.

(G) Section8oftheCreditAgreementwillnotbe enforceable in Colombia pursuant to Law 550 of1995iftheLendersinvoketheoccurrenceofanEventof Default pursuant to such sections as a result oftheBorrower having been admitted to an insolvencyproceedingunderLaw550of1995.

(H) Civil procedure rules are consideredpublic order laws and therefore cannot be modifiedor waived by private agreements. To the extent thatthe parties to the Opinion Documents commenceenforcementactionsbeforeColombiancourts insteadof commencing them at foreign courts (which finalrulings may subsequently be enforced in ColombiathroughExequaturproceedingsasdescribedabove),anywaiversmadebythepartiestosuchdocumentsinrespectofColombia’srulesofcivilproceduremayberenderedunenforceable.

(I) InanyproceedinginColombia,serviceofnoticetothepartiestheretomustbemadeinaccordancewiththeprovisionsofCodeofCivilProcedure(Código de Procedimiento Civil) or Colombian GeneralProcedure Code (Código General del Proceso) (asapplicable once the latter is ruled effective by theColombian Council of the Judiciary). Contractualprovisionsregardingserviceofnoticeproceduresmaynotbeenforceablewith respect toanyproceeding inColombia.

(J) InanyproceedinginColombiainwhichalawofaforeigncountryweretobeapplied,thereshouldbeevidenceofthelawsoughttobeapplied,throughacopyofsuchlawdulyissuedandpromulgatedbythecompetentauthoritiesor,whenawrittenlawdoesnotexist,throughthedepositionoraffidavitoftwoormorelawyersadmitted in therelevant jurisdictionregardingsuchapplicablelaw.

(K) According to Section 260 of Colombia’sCode of Civil Procedure (Código de Procedimiento Civil) (whichwill be abrogated by article 251of Law1564 of 2012 (Código General del Proceso) onceit is ruled effective by theColombianCouncil of theJudiciary (Consejo Superior de la Judicatura)), inorder foradocumentwritten ina foreign languagetobeadmissibleevidencebeforeaColombiancourt,therelevant document must be translated into SpanisheitherbyColombia’sMinistryofForeignAffairsorbyatranslatordulyappointedbyacompetentjudge.

(L) According to Article 823 of Colombia’sCodeofCommerce(Código de Comercio)theSpanishversion of a document used to evidence obligationsor contracts shall prevail over the foreign languageversion of such document. In the event that a partytoanenforcementactionconsiders that theavailabletranslation into Spanish of documents written in aforeign language is not accurate, such party has therighttoobjectanysuchinaccuracyinsuchenforcementproceedings.

(M) In accordance with Article 902 ofColombia’sCodeofCommerce(Código de Comercio),anynullificationofaprovisionofaColombiandocumentto which the Borrower is a party, would nullify suchdocumententirelyifthepartieswouldnothaveenteredinto such document in the absence of such nullifiedprovision.

(N) TheenforcementoftheOpinionDocumentsinColombiamaybe limitedby theapplicable statuteoflimitations.PursuanttoSection2514ofColombia’sCivil Code (Código Civil), a waiver to the statute oflimitationscanonlybegrantedoncetherelevantstatuteoflimitationshaselapsed.

(O) According to Colombian laws, the lawsapplicabletoagivenagreementarethoseinexistenceatthetimeofexecution,evenifthoselawschangeinthefuture,providedthatthechangesarenotrelatedto,ordonotaffect,publicorderlaws,inwhichcasepublicorder laws become immediately effective.Colombianexchangecontrolregulationsaredeemedtobepublicorder laws. Therefore, the ability of the Borrower toperform its obligations payable in foreign currency(and the ability of any person to remit the proceedsofanyjudgmentawardissuedbyacourtinColombiainforeigncurrencyoutofColombia)willbesubjecttoforeignexchangeregulationsineffectatthetimeoftherelevantpaymentorremittance.


(P) Under Colombian foreign exchangeregulation: (i) the Credit Agreement (and anydisbursement and repayment thereof) must bereported to the Colombian Central Bank as foreignindebtedness of the Borrower; (ii) the ability of theBorrower toperform itsobligationspayable in foreigncurrencyundertheOpinionDocumentsfromColombia(andtheabilityofanypersontoremittheproceedsofanyjudgmentawardissuedbyacourtinColombiainaforeigncurrencyoutofColombia)willbesubjecttotheColombian foreignexchange rulesand regulations ineffectatthetime;(iii)theBorrowermayhavetoamendthe initialregistrationof theAgreement if there isanyamendmenttoitsfinancialtermsandconditionsoranytransferintotalorinparttootherLender/s.

(Q) TheprovisionsoftheOpinionDocumentswhichtreatcertaindeterminationsasconclusivemaybe subject to review in a proceeding inColombia todeterminethecorrectnessofsuchdeterminations.

(R) TheindemnificationprovisionssetforthinSection11.08oftheCreditAgreementmaybelimitedby the judicial determination of legal costs, fees andjudicialamountsasdeterminedbyColombiancourtsin accordancewithArticle 365 of Law 1564 of 2012(Código General del Proceso).

(S) UnderColombianlaw,charginginterestoninterest (whetheraccruedor unpaid) is not permittedunlessthoseinterestsarechargedaspermittedunderArticle886ofColombia’sCodeofCommerce(Código de Comercio),meaningthesearetobeexplicitlystatedas agreed between the parties to be charged oncetheirtimedueexceedsone(1)year.

(T) PursuanttoArticles15and16ofColombia’sCivil Code (Código Civil), the waiver of rights ispermissibleprovided thatsaidwaiveronlyaffects therightsof thewaivingparty.UnderColombian lawanyimmunity from proceedingswhichmight be availableinthefuturecannotbevalidlywaivedinadvance.TheBorroweranditspropertiesarenotsubjecttoimmunityfromthejurisdictionofcourtsorfromset-offoranylegalprocesssubjecttotheterms,conditions,limitationsorexceptionsunder:(i)article1677oftheColombianCivilCode(Código Civil)andArticle684ofColombia’sCodeof Civil Procedure (Código de Procedimiento Civil)(whichwill be abrogatedby article 594of Law1564of2012(Código General del Proceso)onceitisruledeffective by the Colombian Council of the Judiciary(Consejo Superior de la Judicatura)).

(U) Under Colombian laws there are noequitable remedies or injunctive relief, except forfundamentalconstitutionalrights,specificperformanceofcontractsandprecautionarymeasuresandremediesinunfairtradepracticesactions.

Wearequalified topractice law inColombiaanddonotpurporttobeexpertson,ortoexpressanyopinionhereinconcerning,anylawsotherthanthelawsofColombia

asineffectonthedatehereof.Weassumenoobligationto update this opinionwith respect to changes occurringsubsequenttothedatehereof.

This opinion is addressed to you and is solelyfor your benefit and the benefit of your assigns andparticipants,andonly inconnectionwith the transactionscontemplated by the Opinion Documents. This opinionmaynotberelieduponbyyouortheLendersforanyotherpurpose.ThisopinionisdeliveredasofitsdateandwithoutanyundertakingtoadvisetheLendersoranyotherpersonofanychangesoflaworfactthatoccurafterthedateofthisopinion,eventhoughanysuchchangesmayaffectalegalanalysis or conclusion, or a confirmation of information,expressedinthisopinion.

Verytrulyyours,

MOSQUERA ABOGADOS

EXHIBIT G

FORM OF LEGAL OPINION OF

MILBANK, TWEED, HADLEY & McCLOY

[●],2015

TotheLendersthatarepartiestothe CreditAgreementreferredtobelow, andTheBankofTokyo-MitsubishiUFJ,LTD, asAdministrativeAgentforsuchLenders (the“AdministrativeAgent”)

LadiesandGentlemen:

WehaveactedasspecialNewYorkcounseltoEmpresasPúblicasdeMedellínE.S.P(the“Borrower”)in connectionwith theCreditAgreement datedasof [●],2015 (the “CreditAgreement”), among theBorrower, thefinancial institutionsreferredtoas“Lenders” intheCreditAgreement (the “Lenders”) and theAdministrativeAgent.Terms defined in the Credit Agreement have the samerespectivedefinedmeaningswhenusedherein.

Inrenderingtheopinionsexpressedbelow,wehaveexamined

(a) an executed counterpart of theCreditAgreement;

(b) an executed counterpart of theLenders’FeeLetters,datedasof[●], 2015, between the BorrowerandtheAdministrativeAgent;

(c) an executed counterpart of theAdministration Fee Letter, datedas of [●], 2015, between theBorrower and the AdministrativeAgent;and

52


(d) suchotherrecordsoftheBorrowerand such other agreements,instruments,certificatesandotherdocuments as we have deemednecessary as a basis for theopinionsexpressedbelow.

For thepurposesof thisopinion letter, (i)“Opinion Documents” means the document described inclauses (a) through (c) above, (ii) “SpecifiedAgreement” means the agreement specified in Schedule I and (iii)“Applicable Law”means, collectively, any Federal law oftheUnitedStates,any lawof theStateofNewYorkandany rule or regulation thereunder that, in each case, inour experience, is customarily recognized to apply totransactions of the kind contemplated by the OpinionDocuments.

In our examination, we have assumedthe genuineness of all signatures, the authenticity of alldocumentssubmittedtousasoriginalsandtheconformitywithauthenticoriginaldocumentsofalldocumentssubmittedtousascopies.Whenrelevantfactswerenotindependentlyestablished,wehaverelieduponrepresentationsmadeinor pursuant to the Opinion Documents or in certificatesdeliveredbyoronbehalfoftheBorrowerpursuantthereto.We have also assumed (i) that the Opinion Documentshavebeendulyauthorized,executedanddeliveredbyallofthepartiesthereto,thatallsignatoriestheretohavebeendulyauthorizedandthatallsuchpartiesaredulyorganizedand validly existing and have the power and authority(corporateorlimitedliabilitycompanyorother)toexecute,deliverandperformthesame,(ii)(except,totheextentsetforthbelow,astotheBorrower)thattheOpinionDocumentsconstitutealegal,valid,bindingandenforceableobligationofallofthepartiesthereto,and(iii)thatallauthorizations,approvals or consents of (including without limitation allforeignexchangecontrols),andall filingsor registrationswith,anygovernmentalorregulatoryauthorityoragencyofColombia(includingthecentralbankofColombia)requiredfor the making and performance by the Borrower havebeenobtainedormadeandareineffect.

Baseduponandsubject to the foregoingand subject also to the comments and qualifications setforthbelow,andhavingconsideredsuchquestionsoflawaswehavedeemednecessaryasabasisfortheopinionsexpressedbelow,weareoftheopinionthat:

(1) TheOpinionDocumentsconstitutea legal, valid and binding obligation of the Borrower,enforceableagainsttheBorrowerinaccordancewiththeirterms,exceptasmaybelimitedbybankruptcy,insolvency,reorganization, fraudulent conveyance or transfer,moratoriumorothersimilarlawsrelatingtooraffectingtherights of creditors generally, and subject to the possiblejudicialapplicationofforeignlawsorgovernmentalactionaffecting the rights of creditors generally, and except astheenforceabilityof theOpinionDocuments issubject totheapplicationofgeneralprinciplesofequity (regardlessofwhetherconsideredinaproceedinginequityoratlaw),includingwithoutlimitation(i)thepossibleunavailabilityofspecificperformance,injunctiverelieforanyotherequitableremedy and (ii) concepts of materiality, reasonableness,goodfaithandfairdealing.

(2) The execution and delivery bytheBorrower of theOpinionDocuments do not, and the

performanceby theBorrowerof itsobligationsunder theOpinionDocumentswillnot,(i)violateanyApplicableLawor (ii) breach or constitute a default under the SpecifiedAgreement.

(3) Noauthorization,approvalorotheractionby,andnonoticetoorfilingwith,anygovernmentalorregulatorybodyorinstrumentalityunderApplicableLawisrequiredforthedueexecution,deliveryorperformancebytheBorroweroftheOpinionDocuments.

(4) The Borrower is not required to,and immediately after giving effect to the making of theLoansandtheuseoftheproceedsthereofinaccordancewiththeCreditAgreementtheBorrowerwillnotberequiredto,registerasan“investmentcompany”asdefinedintheInvestmentCompanyActof1940,asamended.

(5) ThemakingoftheLoansandtheapplication of the proceeds thereof in accordance withtheCreditAgreementwill not violateRegulationsUorXaspromulgatedbytheBoardofGovernorsoftheFederalReserveSystem.

Theforegoingopinionsarealsosubjecttothefollowingcommentsandqualifications:

(A)TheenforceabilityofprovisionsintheOpinionDocuments to the effect that termsmaynotbewaivedormodifiedexceptinwritingmaybelimitedundercertaincircumstances.

(B)TheenforceabilityofprovisionsintheOpinionDocumentsproviding for indemnification,contribution or exculpation may be limited by (i)laws rendering unenforceable indemnificationcontrary to law or the public policy underlyingsuchlaw,and(ii)lawslimitingtheenforceabilityofprovisionsexculpatingorexemptingapartyfrom,orrequiringindemnificationofapartyfor,liabilityforitsownactionorinaction,totheextenttheactionorinaction involvesgrossnegligence, recklessness,willfulmisconductorunlawfulconduct.

(C) Weexpress no opinion as to (i) theeffectof the lawsofany jurisdiction inwhichanyLenderislocated(otherthanNewYork)thatlimitsthe interest, feesorothercharges itmay imposefor the loan or use of money or other credit,(ii)Section9.02insofarassuchsectionrelatestothesubjectmatterjurisdictionoftheUnitedStatesDistrictCourtfortheSouthernDistrictofNewYorktoadjudicateanycontroversyrelatedtotheCreditAgreement, (iii) thewaiver of inconvenient forumset forth inSection9.02of theCreditAgreement(oranysimilarprovisionintheOpinionDocuments)with respect to proceedings in any federal courtof theUnitedStatessitting inNewYorkCity, (iv)Section 11.09 of the Credit Agreement (or anysimilarprovisionoftheOpinionDocuments)or(v)Section9.04oftheCreditAgreementtotheextentit relates to immunity acquired after the date ofexecutionanddeliveryoftheCreditAgreement.

(D) We express no opinion as to anyFederalorstatesecuritieslawsexceptasexpresslysetforthinparagraphs(4)and(5)above.


(E) For purposes of our opinion inparagraph2(ii)above,(1)wehaveassumedthat(i) there are no agreements or understandings,writtenororal,orothercourseofdealing,amongthepartiestotheSpecifiedAgreementthatwouldalter the plainmeaning thereof, (ii) theSpecifiedAgreement has not been modified and (iii) theSpecified Agreement would be interpreted aswritten in accordance with its plain meaning,(2)weexpressnoopinionas toanyprovisionofthe SpecifiedAgreement to the extent that suchopinion would depend upon the making of anydetermination of an accounting matter or anycomputation in respect of a financial undertakingorcondition,(3)weexpressnoopinionastoanybreachofanycrossdefaultoranalogousprovisionunder theSpecifiedAgreement to theextent thatsuchbreachresultsfromadefault(howeverdefinedor described) under anagreement other thananOpinionDocumentand(4)weexpressnoopinionwith respect to any provision of any agreement(other than the Specified Agreements and theOpinion Documents) that is incorporated in orotherwisereferredtointheSpecifiedAgreements.

The foregoing opinions are limited tomattersinvolvingtheFederallawsoftheUnitedStatesandthelawoftheStateofNewYork,andwedonotexpressanyopinionastothelawofanyotherjurisdiction.Withoutlimiting the foregoing, we do not hold ourselves out asexpertson,orpurporttoadviseon,thelawsofColombiaandhaverenderednoopinionwithrespecttotheforegoing.

This opinion letter is provided to you by us as specialNewYorkcounsel to theBorrowerpursuant to theCredit

Agreement and may not be relied upon by any otherperson or for any purpose other than in connectionwiththe transactions contemplated by the Credit Agreementwithout our prior written consent in each instance. Youmay, however, deliver a copy of this opinion to youraccountants, attorneys, and other professional advisors,to governmental regulatory agencies having jurisdictionoveryou,topermittedtransfereesoftheCreditAgreementin connection with such transfer and to participants inconnectionwiththeirpurchaseofaparticipationinterestintheCreditAgreement,andsuchtransferees(butnotsuchparticipants)mayrelyonthisopinionasifitwereaddressedandhadbeendeliveredtothemonthedateofthisopinion,unlessstatementsinthisopinionwouldbeaffectedbythestatusofthetransferee.

Verytrulyyours,

[]

ScheduleI

SpecifiedAgreement

TheIndentureinrespectofthe7.625%SeniorNotesdue2024,datedasofSeptember10,2014,amongtheBorrower,The Bank of New York Mellon, as Trustee, SecurityRegistrar, PayingAgent, TransferAgent and CalculationAgent,TheBankofNewYorkMellon(Luxembourg)S.A.,asLuxembourgTransferAgentandTheBankofNewYorkMellon, acting through its London Branch as Co-PayingAgent.

54


AMENDMENT TO THE LOAN AGREEMENTDatedasofDecember[],2015

AmendmentAgreementtoLoanAgreement(Loan#2217/OC-CO, signed on December 14, 2011), dated as ofDecember [ ],2015,byandbetweenEmpresasPúblicasde Medellín E.S.P. (the “Borrower”) and Inter-AmericanDevelopmentBank(“IDB”).

W I T N E S S E T H:

WHEREAS, theBorrowerandtheIDBarepartiestothatcertainLoanAgreement,datedasofDecember14,2011(the“Loan Agreement”);

WHEREAS, theBorrower and the IDBhaveagreed thatcertaintermsoftheLoanAgreementaretobeamended,ashereinspecified.

NOW, THEREFORE, in consideration of the mutualcovenantssetforthhereinandforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichisherebyacknowledged,thepartiesheretoagreeasfollows:

1. Definitions. Capitalized terms used but not definedin this Amendment to the Loan Agreement (the“Amendment Agreement”) have the meaningsassignedtothemintheLoanAgreement.Therulesofinterpretation set forth in Section 1.2 (Interpretation)oftheLoanAgreementshallapplytothisAmendmentAgreement.

2. Amendment to the Loan Agreement.

a. Definitions. Section1.1 (Definitions)of theLoanAgreementisherebyamendedbytheinsertionofthefollowingterm:

“Loan to Trust’s loan portfolio Ratio means, with respect to the Trust and asof any relevant determination date, theratioobtainedbydividing (a) thebalanceof the outstanding principal amount oftheLoanby(b)thebalanceoftheTrust’saccounts receivable (i.e. cuentas por cobrar), provided that for purposes ofcalculating such ratio, the balance ofthe Trust’s accounts receivable as ofany relevant determination date shall bemeasured in Dollars at the ColombianPesoMarketExchangeRate(i.e.Tasa de Cambio Representativa del Mercado or TRM)ineffectonsuchdatepublishedbytheSuperintendenceof Financeatwww.superfinanciera.gov.co.”

b. Financial Ratio. Section 6.2.1 of the LoanAgreementisherebyamendedbyreplacingwhereit reads “Trust Debt to Contribution Ratio”, asfollows:

“Financial Ratio. Permit at any time theLoan toTrust’s loan portfolioRatio to begreaterthan1.0:4.0.”

c. Audited Annual Financial Statements. Section6.3.1.3.2 of the Loan Agreement is herebyamendedbyreplacingwhereitreads“TrustDebttoContributionRatio”,asfollows:

“setting forth in reasonable detail allinformation necessary to calculate (andproviding the calculations necessary todetermine)theLoantoTrust’sloanportfolioRatioduringtheapplicableperiodandasat the last day of the period covered, asrelevant,bytheFinancialStatements.”

d. Unaudited Quarterly Financial Statements. Section6.3.2.2.3oftheLoanAgreementisherebyamendedbyreplacingwhereitreads“TrustDebttoContributionRatio”,asfollows:

“setting forth in reasonable detail allinformation necessary to calculate (andproviding the calculations necessary todetermine)theLoantoTrust’sloanportfolioRatioduringtheapplicableperiodandasat the last day of the period covered, asrelevant,bysuchFinancialStatements.”

e. Form of Certificate of Authorized Representative.Exhibit9 (FormofCertificateofAuthorizedRepresentative)isherebyamendedbyreplacingwhereitreads“TrustDebttoContributionRatio”,asfollows:

“WeherebysubmitthefollowinginformationusedtocalculateanddeterminetheLoanto Trust’s loan portfolio Ratio during theapplicableperiodandasatthelastdayofthe period covered, as relevant, by suchFinancialStatement.”

3. Apartfromtheamendmentexpresslyprovidedhereinnootherwaivers,amendmentsorconsentsaregivenorimpliedunderthisletterandtheFinancingDocumentsshallremainunchangedandinfullforceandeffect.

4. This letter is not and shall not be construed as ordeemed to constitute (i) a permanent waiver of anycondition, requirement, Default or event of Defaultset forth in theFinancingDocuments; (ii)awaiverorimpairment of any right, remedy, power or privilegeof the IDB under any provision of any FinancingDocument; (iii) a waiver of any obligation under anyprovisionofanyFinancingDocument;(iv)anovationofanyFinancingDocument;or,(v)anamendmentofanyprovisionofanyFinancingDocument,otherthanthoseexpresslyreferredtoherein.


5. The granting of the consent to amend the LoanAgreement by IDB does not establish a course ofdealing or otherwise obligate IDB to agree to anywaiveroramendmentinthefuture.

6. This Amendment Agreement may be executed inseveral counterparts, each of which is an original,andallofwhichtogetherconstituteoneandthesameAmendmentAgreement.

7. The provisions of Section 8.10 (Applicable Law and Jurisdiction) of the Loan Agreement shall be

incorporated herein mutatis mutandis as if set forthhereininfull.

8. This Amendment Agreement binds and benefits therespective successors and assigns of the partieshereto.

(Signature Page Follows)

IN WITNESS WHEREOF, the parties, acting throughtheir dulyAuthorized Representatives, have caused thisAmendmentAgreement tobesigned,asof thedatefirstabovewritten.

INTER-AMERICAN DEVELOPMENT BANK

By:___________________________________________ Name:LuizRos Title:Manager–OpportunitiesfortheMajoritySector

EMPRESAS PÚBLICAS DE MEDELLÍN E.S.P.

By:___________________________________________ Name:JuanEstebanCalleRestrepo Title:GerenteGeneral

CONTRATO DE EMPRÉSTITO INTERNO PARA OPERACIÓN DE CREDITO TRANSITORIO CELEBRADO ENTRE LA CENTRAL HIDROELECTRICA DE CALDAS S.A E.S.P

Y BANCO DAVIVIENDA S.A.Entre los suscritos, de una parte CENTRAL HIDROELECTRICA DE CALDAS S.A ESP, Empresade servicios públicos mixta, conformada como sociedadanónimacomercial,sometidaalrégimenlegalaplicablealasempresasdeserviciospúblicosyalasnormasespecialesque rigen las empresas del sector eléctrico, reformadossusestatutossegúnconstaenescriturapúblicaNo.2497del04deAbrilde2009,otorgadaenlaNotariaSegundadel Circulo deManizales, Caldas, y en escritura pública

No.279del14deMarzode2013,otorgadaenlaNotariaQuinta del Circulo de Manizales, Caldas, con domicilioprincipalenlaciudaddeManizales,representadoenesteacto por MARTHA LIBIA CASTAÑO TOVAR mayor deedad,identificadaconcéduladeciudadaníaNo30.291.119deManizales(Caldas),obrandoensucalidaddesegundosuplentedelGerente,deacuerdoconloestablecidoenelcertificadodeexistencia y representación legal expedidopor la Cámara de Comercio de Central Hidroeléctrica

56


deCaldas, y debidamente facultada según consta en elActaNo.613delaJuntaDirectivadel9deJuliode2014,quien en adelante se denominará EL PRESTATARIO y el BANCO DAVIVIENDA S.A, establecimiento bancariolegalmente constituido con domicilio principal en BogotáD.C,representadoenestaactoporALEJANDROROLDANPATIÑO identificado con la cédula de ciudadanía No75.078.951 de Manizales, obrando en su carácter deGerente de la Sucursal Caldas, como consta en elcertificado de existencia y representación legal, quienen adelante se denominará EL PRESTAMISTA, hemoscelebradoelsiguienteContratodeEmpréstitoInternoparaoperacióndecréditotransitorio,enadelanteelContratodeEmpréstito,queseregiráporlascláusulasqueseindicanacontinuación:

PRIMERA: Objeto y Cuantía. EL PRESTAMISTA ha acordado para con EL PRESTATARIOotorgarleunempréstitointernotransitoriohastaporlasumade CINCUENTA MIL MILLONES DE PESOS ($50.000.000.000,00) MONEDA LEGAL COLOMBIANA.Elpresentecréditoserácanceladoconrecursosprovenientesdecréditoconplazomayoraunañorespectodelcualyaexisteofertaenfirme.

SEGUNDA: Plazo y Condiciones del Empréstito. Lascondiciones para el presente Contrato de Empréstitointerno de corto plazo transitorio son las siguientes:A) Moneda. EL PRESTAMISTA desembolsará a favorde EL PRESTATARIO el empréstito en moneda legalcolombiana y será reembolsado por EL PRESTATARIO enestamismamoneda.B) Plazo Total y Amortización. EL PRESTATARIO pagará el presente Empréstito aEL PRESTAMISTAenunplazoquenopodrásuperarlostresmesescontadosapartirdelafechadecadadesembolso,pagadero en una cuota de conformidad con la carta deinstrucciones para el desembolso del créditoTransitorio.EL PRESTATARIO cancelará el valor total del crédito,sumadocapitale interesesalvencimientodelplazoaquídispuesto, el cual en ningún caso podrá superar docemesescontadosapartirdelafirmadelpresentecontrato.C)Financiación:EL PRESTAMISTA financiará el créditoconrecursospropios.Enconsecuencia,duranteelplazodel empréstito, EL PRESTATARIO pagará sobre saldosadeudados bajo el presente contrato de empréstito,intereses corrientes liquidados a la tasa IBR (3 Meses)TVcertificadaporelBancode laRepública,o laentidadque haga sus veces, adicionada en 2.34% puntosporcentuales(IBRT.V.+2.34%).Elinterésasíestipuladose convertirá en suequivalente trimestre vencido y serápagadero al vencimiento del plazo aquí estipulado. EncadaTRIMESTREseajustaráelinteréscorrienteteniendoen cuenta la IBR vigente, o la tasa que la reemplace,a la fecha de inicio de cada período de causación deintereses, incrementado en elmismo número de puntosporcentualesanteriormenteindicadosysepagaráneldíadelvencimientooeldíahábilsiguienteencasodequeeldíadelvencimientonocorrespondaaundíahábilbancario.Los intereses remuneratorios seráncalculadosconbaseen meses de treinta (30) días y años de trescientossesenta(360)días.ElIBRalqueserefiereestetítuloeselpublicadoporelBancodelaRepúblicaolaentidadquesedesigne y correspondea la referenciade cortoplazodenominada en pesos colombianos, que refleja el costodeldineroenelmercadomonetario.Encasodequepor

cualquierrazónlaIBRnosepublique,estecréditoysuscorrespondientes intereses,se liquidaranconbaseen latasadeintervencióndepolíticamonetariadelBancodelaRepúblicavigentealafechadeiniciacióndecadaperiododeliquidaciónadicionadaen2.34puntostrimestrevencidos.D) Intereses moratorios.Sielpagodelcapitaladeudadonoseefectúaenlafechaprevistaparaelvencimiento,EL PRESTATARIOreconoceráypagaráinteresesmoratoriossobreelmontodelcapitalenmorayporcadadíaderetardo,desdeeldíadelamorayhastaeldíaenquedichomontosea pagado efectivamente, a la tasa máxima permitidapor la ley,sinperjuiciode lascorrespondientesaccioneslegales de cobro. E) Desembolso. EL PRESTATARIO podrá solicitar uno o varios desembolsos hasta porel monto total delempréstito,para locualcontaráconplazohasta3mesescontadosapartirdel20denoviembrede 2015. Vencido este plazo, se entenderá que no seutilizaráelsaldopendientedelcréditoyporconsiguienteEL PRESTAMISTAnoestaráobligadoaentregardichosrecursos, salvo acuerdo escrito entre las partes. Eldesembolso de la totalidad de los recursos objeto delempréstito se efectuará de conformidad con el siguienteprocedimiento:1.EL PRESTATARIOsolicitaráporescritoel desembolso del empréstito a EL PRESTAMISTA,mínimo con un (1) día hábil bancario de antelación a lafechaenqueelmismoserequiera,indicandolacuentaocuentasenlasqueeldinerodebaserabonado.2.Previoacadadesembolso,EL PRESTATARIO enviara cartadeinstrucciones para el desembolso a EL PRESTAMISTA,endondeseestablecerálascondicionesfinancierastalescomo:cuantía,latasadeinterésyformadeamortizacióny vencimientos, y fechas de pago de las cuotas decapital e intereses, de acuerdo con las estipulacionesconsignadasenestecontrato.3.Unavezcomunicado,EL PRESTAMISTA seobligaaabonareldineroen la fechaindicadaparaeldesembolsoporEL PRESTATARIO en la entidadfinancieraynúmerodecuentaquedesigne,segúncondiciones de firma. PARAGRAFO: EL PRESTARIO respaldalosdesembolsosobjetodelpresentecontratodecrédito,enunpagaréabiertoquetienepreviamentefirmadocon EL PRESTAMISTA. F) Prepago. EL PRESTATARIO encualquiermomentodelavigenciadelpresenteContratodeEmpréstitopodráapre-pagarlototaloparcialmentey,EL PRESTAMISTAnopodrácobrarpenalización,primaocostoadicional.

TERCERA. Destinación. EL PRESTATARIOdestinarálosrecursosobjetodelpresenteContratodeEmpréstitocomoadelantoaoperacióndelargoplazoparalaejecucióndePlandeInversiones2015-2018.

CUARTA. Exigibilidad Anticipada. EL PRESTAMISTA dando previo aviso por escrito a EL PRESTATARIO ysin necesidad de requerimiento judicial alguno, podrádeclararvencidoelplazodemaneraanticipadayexigirelpagoinmediatodelatotalidaddelempréstitojuntoconlosinteresesadeudados,en lossiguienteseventos:a)Morao incumplimientoenelpagodecualquierade lascuotasdecapitalodelosinteresesdeéstaobligación;b)SiEL PRESTATARIO incumple total o parcialmente cualquieraotradelasobligacionesdiferentesalpagodelContratodeEmpréstitoyquenoseasubsanadaenunplazodequince(15)díascontadosapartirdelacomunicaciónescritadeEL PRESTAMISTA a EL PRESTATARIO;c)Incumplimientode


EL PRESTATARIOenladestinacióndelempréstito;d) La existenciadeacciones judicialesdecualquiernaturalezaque afecten sustancialmente la capacidad financiera deEl PRESTAMISTA,demodo talque impidaneldebidoyoportuno cumplimiento de las obligaciones surgidas deesteContratodeEmpréstito.

QUINTA. Declaraciones del Prestatario. EL PRESTAMISTA suscribe el presente contrato, enconsideracióna lassiguientesdeclaracionesqueefectúaEL PRESTATARIO a la firma del presente Contrato deEmpréstito:EL PRESTATARIOdeclaraque:5.1Estatus:Esunaempresadeserviciospúblicosmixtaválidamenteexistente y regulada por las leyes de Colombia,debidamente autorizada por la ley, las autoridades y losórganoscolegiadoscompetentesparacelebrarelpresenteContrato de Empréstito. Declara, igualmente, que losrecursos a los que hace referencia el presenteContratode Empréstito sólo se emplearán en la destinaciónseñalada en este contrato 5.2 Autorizaciones: EL PRESTATARIO tiene todas las autorizaciones, registrosy permisos legales, administrativos, gubernamentalesy cualesquiera otra autorizaciones requeridos para: 1.permitirle el cumplimiento de sus obligaciones de pagopara con el prestamista, en relación con el presentecontrato de empréstito y la celebración y ejecución delcontrato de empréstito. 2.Declara que las obligacionesde pago son validas, legalmente obligatorias y vigentes.3. asegura que las personas que celebren y ejecuten elpresentecontratoennombredelPRESTATARIOhansidodebidamente autorizadas por los órganos pertinentes,para firmar los títulos de deuda, las notificaciones,comunicaciones y certificaciones en conexión coneste. 4. Asegura que los términos y condiciones delpresente contrato no desconocen las leyes aplicables,ni viola otras obligaciones o contratos celebrados. 5.3 Obligaciones vinculantes: Lasobligacionesqueasumeel PRESTATARIOendesarrollodelpresentecontratodelostítulosdedeudasonobligacioneslegalesyvalederasde acuerdo a los términos delmismo5.4. No violación a las leyes ni a otros acuerdos: La ejecución de estecontratoycualquierotrodocumentoejecutadooquehadeejecutarsebajoestecontrato,yelcumplimientodelmismono contraviene ninguna ley vigente u otra regulación, niningúnotrocontrato,conveniooendeudamiento.5.5. EL PRESTATARIOnoestáincumpliendocontratoscelebradoscon terceras personas, ni existen reclamaciones niprocesosensucontraconrelaciónadichoscontratos,detalmaneraquetuvieranopudierantenerunefectoadversosobresuhabilidadparacumplirsusobligacionesdepagobajoelpresentecontratodeempréstito.5.6.Información Completa, Verdadera y Exacta: (i) Toda la informaciónsuministradaporEL PRESTATARIO a EL PRESTAMISTA es verdadera, completa y exacta en todos sus aspectosmaterialesyalafechadelaentregadelamismanotieneconocimiento de ningún hecho material o datos que nose hayan divulgado aEL PRESTAMISTA que si fuerendivulgadospudierentenerunefectoadversoenladecisiónde EL PRESTAMISTAdecelebrar lapresenteoperacióncon EL PRESTATARIO; (ii) que no tiene procesos deninguna naturaleza, que de ser fallados en su contra,puedenconduciralincumplimientodelasobligacionesdepagoadquiridasbajoelpresentecontratodeempréstito,nidesancionesquepuedanproducirelmismoefecto.El PRESTATARIO se compromete a cumplir a partir de la

firmadelpresentecontratoa:1. inmediatamentenotificara el PRESTAMISTA sobre cualquier litigio, arbitramento,demanda,requerimientoadministrativoodecisiónencontra,cuyas pretensiones y/o condena equivalgan individual oconjuntamentealdiezporciento(10%)delpresupuestodela correspondiente vigencia fiscal. 3.EL PRESTATARIO entiendelostérminosycondicionesdelpresentecontratodeempréstitoy losdesembolsosa realizarendesarrollodelmismo y desea asumir las obligaciones establecidasconrespectoalosmismos.

SÉXTA. Cesión. EL PRESTAMISTA no podrá ceder,endosarotraspasarelpresenteContratodeEmpréstito,niel(los)pagaré(s)quesesuscribanendesarrollodelmismo,sinelconceptoprevioyescritodeEL PRESTATARIO.

SÉPTIMA. Perfeccionamiento. Este Contrato deEmpréstitoseperfeccionacon lafirmade laspartes.EL PRESTATARIOseobligaapublicarelpresenteContratodeEmpréstitoenlaGacetaOficialdelMunicipiodeMedellín.

OCTAVA. Comunicaciones. Todo aviso, comunicacióno solicitud que las partes deban dirigirse en virtud delpresenteContratodeEmpréstitoseefectuaránporescritoyseconsideraránrealizadasdesdeelmomentoenqueserecibaeldocumentocorrespondienteporeldestinatarioenla respectiva dirección que a continuación se indica:EL PRESTATARIO: Km2salidaaChinchináEstaciónUribe y EL PRESTAMISTA: Cr22No.21-05Piso2.

NOVENA. Vencimiento en días feriados. Todo pago o cumplimiento de cualquiera otra obligación derivada delpresenteContratodeEmpréstitoquedebaefectuarseensábadooenundíadominicaloferiado,oundíadecierrebancariosegúnlaley,seentenderáválidamenterealizadoenelprimerdíahábilbancariosiguiente,sinqueporestacircunstanciasecauserecargoalguno.

DÉCIMA. Gastos por cobro judicial o extrajudicial. En casodecobrojudicialseránacargodeEL PRESTATARIO lassumasquedetermineeljuezcompetente.Encasodecobro extrajudicial, EL PRESTAMISTA presentará a EL PRESTATARIO para su pago, una relación detallada yjustificadadelosgastosrespectivos.

DECIMA PRIMERA. Impuesto de Timbre. El presenteContrato de Empréstito y el pagaré que se suscriba endesarrollodelmismoestánexentosdelImpuestodeTimbreNacionalporconstituirunaoperacióndecréditopúblico,deconformidadconlodispuestoenelnumeral14delartículo530delEstatutoTributario,modificadoporelartículo8delaley488de1998.

DECIMA SEGUNDA. Inhabilidades o Incompatibilidades. EL PRESTAMISTA declaranohallarseincursoenningunacausaldeinhabilidadeseincompatibilidadesestablecidasen la ley, para firmar y cumplir el presente Contrato deEmpréstito.

DECIMA TERCERA. Requisitos previos al primer desembolso y los siguientes. Para que EL PRESTAMISTA realiceelprimerdesembolsoendesarrollo

58


delpresenteContratodeEmpréstito,esnecesarioqueEL PRESTATARIOentregue:

ContratodeEmpréstitodebidamentefirmado.

Cartade InstruccionesenviadaporEL PRESTATARIO a EL PRESTAMISTAendondeserelacionanlascondicionesfinancieras tales como: cuantía, la tasa de interés yformadeamortizaciónyvencimientos,y fechasdepagode lascuotasdecapitale intereses,deacuerdocon lasestipulacionesconsignadasenestecontrato.

Documentos que acreditan el nombramiento, posesióny lasautorizacionesotorgadasaquien firmael presentedocumentoennombredeEL PRESTATARIO.

DECIMA CUARTA. Apropiaciones Presupuestales.Lospagos que debe hacerEL PRESTATARIO en razón deesteContratodeEmpréstito,quedansubordinadosa lasapropiacionesquealefectosehaganensupresupuesto;por tal motivo EL PRESTATARIO se obliga a incluir,mientrasexistanobligacionesasucargoderivadasdeesteempréstito,laspartidasnecesariasensupresupuestoanualde gastos o realizará lasmodificaciones presupuestalesdel caso, y enviará aEL PRESTAMISTA anualmente, ocuandocorresponda,copiaauténticadelapartepertinentedelpresupuestoderentasygastos,osifuerenecesario,desusmodificaciones,unavezaprobadosyexpedidosporlasautoridadescompetentes,cuandoEL PRESTAMISTA asílorequiera.

DECIMA QUINTA. Aplicación de los pagos.Lospagosque se efectúen en desarrollo del presente Contrato deEmpréstito, se aplicarán en el siguiente orden: primeroa interesesdemora,si loshubiere,segundoa interesescorrientes,terceroacapitalyporúltimoalprepagodelaobligación.

DECIMA SEXTA. Modificaciones. Elpresentecontratodeempréstitonopodrásermodificado,salvomutuoacuerdoescritoentrelaspartes.

DÉCIMA SEPTIMA. DECLARACIONES FINALES En virtud de lo dispuesto por la ley 1328 del 2009 EL PRESTATARIOmanifiesta1)quehaleídoyrevisadotodasy cada una de las cláusulas del presente contrato, queconoceycomprendesucontenido,cuálessonsusdeberesyobligaciones,derechos,loscostosygastosinherentesalaoperacióndeCréditoPúblicoymediantesususcripciónacepta el contenido en su integridad, 2) que los costos,gastos,interesesytarifasquesecausanendesarrollodelpresenteContrato deEmpréstito le han sido informadospor EL PRESTAMISTA, que los conoce yacepta, y quehatenidolaoportunidaddecompararlosconlosdeotrasinstitucionesqueofrecenel servicio financiero al que serefiereelpresenteContratodeEmpréstito;3)Quelehasidosuministradaunacopiadelpresentecontrato,quehasidoinformadosobrelosórganosymediosdelosquedisponeparapresentarpeticiones,solicitudesoreclamos;4)yqueharecibidounaadecuadaeducaciónsobrelamaneradeinstrumentar los productos y/o servicios ofrecidos, sobreel mercado y sobre el tipo de actividad que desarrollaEL PRESTAMISTA. PARAGRAFO: EL PRESTATARIO declaraquelehansidoinformadaslaspolíticasdecobroprejurídico y jurídico de EL PRESTAMISTA, las cualesigualmente se pueden consultar en Internet, dandocumplimiento a lo dispuesto por la SuperintendenciaFinancieradeColombia.

ParaconstanciadetodoloanteriorsefirmaenManizalesalosnuevedías(9)díasdelmesdeNoviembredelañodosmilquince(2015).

EL PRESTATARIO,

_____________________________ MARTHA LIBIA CASTAÑO TOVAR

C.C. 30.291.119 Segundo Suplente del Gerente

CENTRAL HIDROELÉCTRICA DE CALDAS S.A. E.S.P NIT 890.800.128-6

EL PRESTAMISTA,

________________________________ ALEJANDRO ROLDAN PATIÑO

CC 75.078.951 GERENTE-SUCURSAL CALDAS

BANCO DAVIVIENDA S.A. NIT 860.034.313-


RESOLUCIÓN 3952 de 2015(Diciembre 29)

Por medio del cual se realizan unos ajustes a la resolución De la Secretaría del Medio Ambiente y se dictan otras disposiciones.

LA SECRETARÍA DE GESTIÓN HUMANA Y SERVICIO A LA CIUDADANÍA,

Enejerciciodesusfacultadeslegales,especialmentelasconferidasenelDecretoNacional1950de1973ylaLey909de2004,susDecretosreglamentariosylosDecretosMunicipales883y912de2015,

CONSIDERANDO:

QueesnecesarioprecisarquelaAdministraciónMunicipaltiene una Planta Global de Empleos, de acuerdo conlo definido en el artículo 115 de la Ley 489 de 1998 enconcordanciaconelartículo209delaConstituciónPolítica.

Que la condición de planta global que caracteriza laestructura de empleos de la Administración Municipalpermitetrasladosenformahorizontal,respetandosuperfil,asignaciónsalarialylaesenciadelasfuncionesdelempleoobjetoatrasladar.

Que ha dispuesto la Ley que es función del nominadorubicar los cargos en las distintas dependencias de laorganización,deconformidadcon laestructuraorgánica,lasnecesidadesdelservicioylosplanesyprogramasquesedebanejecutar.

Que el artículo 19 de la Ley 909 de 2004, “Por la cualse expiden normas que regulan el empleo público, lacarreraadministrativa,gerenciapúblicaysedictanotrasdisposiciones”, tratade laestructuradelempleopúblico,definiéndolo como el conjunto de funciones, tareas yresponsabilidades que se asignan a una persona y lascompetencias requeridas para llevarlas a cabo, con elpropósitodesatisfacerlosPlanesdeDesarrolloylosfinesdelEstado.

Que los artículos 2.2.5.9.2 y 2.2.5.9.3 del Decreto 1083de 2015, expresan que un traslado se puede realizarpornecesidaddel servicio, siemprequeellono impliquecondicionesmenosfavorablesparaelempleadoysetratedeempleosconfuncionesafines,delamismacategoríayconrequisitosmínimossimilares.Asímismo,eltrasladosepodráhacerpornecesidaddelservicio,siemprequeellonoimpliquecondicionesmenosfavorablesparaelempleadoo cuando sea solicitado por los servidores interesados,siemprequeelmovimientonocauseperjuiciosalservicio

Que el artículo 2.2.12.1 del Decreto 1083 de 2015,“Reformas de las plantas de empleos”, expresa que lamodificacióndelaPlantadeEmpleosdebefundamentarseennecesidadesdelserviciooenrazonesdeModernizaciónde la Administración, y con base, entre otros, en los

siguientes aspectos: Literal 2: Cambios en la misión yobjetosocialoen las funcionesgeneralesde laEntidad,Literal 3: Traslado de funciones o competencias de unorganismo a otro., 4: Supresión fusión o creación dedependenciasomodificacióndesus funciones,Literal5:Mejoramientoo introduccióndeprocesos,produccióndebienesoprestacióndeserviciosyLiteral10:Mejoramientode los niveles de eficiencia, eficacia y economía de laEntidad.

Que mediante el Decreto 883 de junio 3 de 2015, seadecúa la Estructura de la Administración Municipal deMedellín,lasfuncionesdesusorganismos,dependenciasyentidadesdescentralizadas,semodificanunasentidadesdescentralizadasysedictanotrasdisposiciones.

Queen elmencionadoDecreto se creó en la estructuraadministrativa del nivel central de la AdministraciónMunicipal, entreotras, laSecretaría deMedioAmbiente,la cual para cumplir las responsabilidades, funciones,procesos,planes,programasyproyectosaellaasignados,requierecontarconunaplantadepersonal,quepermitalaoperación, integración yel fortalecimiento, paraalcanzarlosfinesdelEstadoylaejecucióndelPlandeDesarrollo,manteniendo lo consagrado en el artículo 115 de la Ley489 de 1998.


Que mediante el Decreto 912 de junio 5 de 2015, sedelegó en la Secretaría de Gestión Humana y Servicioa laCiudadanía, laadministraciónycontrolde laplantaglobaldeempleosdelsectorcentral, laorganizaciónconcarácterpermanenteotransitoriodelasunidades,equiposygruposinternosdetrabajoylaredistribucióndelpersonaldelMunicipio deMedellín del nivel central, conel fin deatenderlasnecesidadesdelservicioycumplirconeficaciay eficiencia, los objetivos, políticas y programas de lasdependenciascentrales.

QueesnecesariorealizaralgunosmovimientosalinteriordelaSecretaríadelMedioAmbiente,afindeapoyareldiseño y la implementación del sistema de informaciónambientaldeMedellin,elsistemadeinformacióndealertastempranasSIATA,elsistemadeinformaciónGeografico,losindicadoresambientales,proyectosambientales,centrodegestiónDocumentalambiental,ylosdemáscomponentesque se diseñen y consideren necesarios para su buenfuncionamiento,conelfindeconocerde formaoportunayverazelestadodelosrecursosnaturalesyelambiente.

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Que mediante el Decreto 883 de 2015 se le confiere a la Secretaría de Medio Ambiente las siguientes funciones:

Dirigirycoordinarconlasdemásdependencias,entidadesdescentralizadasyautoridadesambientales,laformulacióne implementación del Plan de Mitigación y adaptaciónal cambio climático municipal, teniendo en cuenta loslineamientos del Plan de Ordenamiento Territorial, laspolíticasestablecidasporlaentidadylasnormasvigentes.

Liderar la implementación de políticas nacionales,regionales y locales de la dimensión ambiental y losrecursosnaturalesrenovablesconlosdiferentesactores.

ImplementarestrategiasyaccionesdegestióndelrecursohídricoenlascuencasaportantesexternasaMedellín,bajocriterios de sostenibilidad urbano regional, promoviendoy viabilizando la conservación de áreas estratégicaspara elmantenimiento en cantidad, calidad y regulacióndel recurso, conel concurso y autorizaciónde losentesterritorialesrespectivos.

Implementar acciones de reforestación, regeneraciónnatural asistida, turismo ecológico, cercado yamojonamiento,paralaproteccióndelrecursohídrico.

Adelantar las acciones tendientes a generar, recuperar,restituir yhacermantenimientoa laEstructuraEcológicaPrincipal.

Participar en la formulación e implementación de losinstrumentos complementarios al Plan de OrdenamientoTerritorial referidosa laprotecciónyconservaciónde losrecursosnaturales.

Participar en la identificacióndepaisajes culturales y supotencialinclusiónenelSubsistemadePatrimonioCulturalInmueble.

Gestionarconlasdependenciascompetenteslaadquisiciónde predios, en pro de la conservación, preservación yrecuperación de los recursos naturales e incorporar laPolíticaNacionalparaHumedalesInterioresdeColombia,establecidaenLey357de1997oenlaquelamodifiqueosustituya.

Impulsar el sostenimiento, operación, desarrollo yfortalecimiento técnico, científicoy social delSistemadeAlertaTempranadeMedellínysu regiónvecina–SIATA,en coordinación con el DAGRD.

Promover las disposiciones legales, necesarias para lavigilancia, la preservación y la defensa de patrimonioecológicodelmunicipio.

Dirigir la formulación, ejecución y seguimiento del PlanAmbientalMunicipal(PAM)enarmoníaconlasdirectricesestablecidas por planeaciónmunicipal y elMinisterio deAmbienteyDesarrolloSostenible.

Liderarlaformulación,revisión,concertaciónyseguimientode los asuntos ambientales del Plan de OrdenamientoTerritorial.

Dirigir el Sistema de Gestión Ambiental de Medellín(SIGAM), como herramienta estratégica para laarmonizacióndelagestiónambiental.

Adoptar los planes, programas y proyectos para laconservación, recuperación y protección de los recursosnaturales renovables ymejoramiento de las condicionesambientales,asícomoliderarlaelaboracióndelosplanesquedeacuerdoalacompetenciacorrespondaalMunicipiodeMedellínenmateriaambiental.

LiderarelSistemade InformaciónAmbientaldeMedellín(Siamed).

Colaborar con la Corporación Autónoma Regional y elÁreaMetropolitanadelValledeAburrá,enlaelaboracióndelosplanesregionalesyenlaejecucióndeprogramas,proyectosyaccionesnecesariasparalaconservacióndelosrecursosnaturalesrenovablesyelmejoramientodelascondicionesambientales.

Actuarconsujeciónaladistribuciónlegaldecompetenciasparaquesecumplanlasfuncionesdecontrolyvigilanciadelmedioambientey los recursosnaturales renovables,asignadasalasinstanciasmunicipales.

DirigirlasactividadesrelacionadasconelmanejointegraldelSistemaOrográficoMunicipal,segúnlodispuestoenelPlandeOrdenamientoTerritorial.

Liderar la consecución de recursos externos del ordeninternacional,nacionalyregional,conelfindecumplirconlosobjetivosdelaSecretaría.

Definir las políticas, planes y programas tendientes ala investigación, para la conservación, mejoramiento,promoción, valoración y uso sostenible de los recursosnaturales renovables y los servicios ambientales delMunicipio.

Definiryconcertar losplanes,programasyproyectosdeformaciónyeducaciónparamejorar lagestiónambientalyelusoresponsablederecursosnaturales renovablesyfomentarunaculturaderespetoporelpatrimonionatural.

Planear, presupuestar y coordinar con la Secretaríade Infraestructura las necesidades de dotación deequipamientos, identificando los requerimientos deinfraestructura física para los diferentes programas yproyectos que deban ser priorizados, implementadosy ejecutados en el marco del Plan de Desarrollo y suarticulaciónconelPlandeOrdenamientoTerritorialysusinstrumentoscomplementarios.

Coordinar con la Secretaría de Suministros y Servicios,la realización de los contratos necesarios para obtenerlosbienesyservicios requeridosyejercer lasupervisióntécnicadelosmismos.


Implementar y ejecutar las políticas y directrices queorientenlosprocesosdeapoyo.

Implementar y ejecutar las políticas y directrices queestablezca la Secretaría de Gestión Humana y Servicioa la Ciudanía, en materia de gestión de trámites,procedimientos administrativos, peticiones, quejas,reclamosysugerencias.

Implementar y ejecutar las políticas y directrices queorientenelPlandeOrdenamientoTerritorial.

Implementar, mantener y mejorar el Sistema Integralde Gestión para los procesos que dirige o participa, deacuerdoconlasdirectricesdefinidasporlaentidad.

La Subsecretaría Gestión Ambiental tendrá las siguientes funciones:

Dirigiryarticular laspolíticas,programasyproyectosdelordennacionalylocalyelSistemadeGestiónAmbientaldeMedellín(SIGAM),conlasdiversasdependenciasdelaAdministraciónmunicipalysusentesdescentralizados,deacuerdoconlasnormasvigentes.

Liderar la formulación del componente ambiental delPlan de Desarrollo de Medellín y del Plan deAcción yPresupuesto por Resultados de la Secretaría del MedioAmbiente,articuladosconelPlanAmbientaldeMedellín(PAM).

Participar en la formulación, revisión y concertacióndel componente ambiental del Plan de OrdenamientoTerritorial.

ImplementaryhacerseguimientoencoordinaciónconlasautoridadesambientalesalPlandeMitigaciónyadaptaciónal cambioClimáticoMunicipal y a las políticas definidasparatalfindeacuerdoconlasdisposicioneslegales.

Liderar el diseño y la implementación del Sistema deInformaciónAmbientaldeMedellín,conelfindeconocerde forma oportuna y veraz el estado de los recursosnaturalesyelambiente,asícomolagestiónambientaldelmunicipio,paraorientar latomadedecisioneseinformaralacomunidad.

Liderar la formulación, ejecución y seguimiento del PlanAmbientaldeMedellín(PAM),enarmoníaconlaspolíticasambientales.

CoordinareimplementarelSistemadeGestiónAmbientaldeMedellín(SIGAM),comoherramientaestratégica,paralaarmonizacióndelagestiónambientalmunicipal.

Liderarlaimplementacióndepolíticas,planesyprogramasde investigación, para la conservación, mejoramiento,promoción, valoración y uso sostenible de los recursosnaturalesrenovablesyserviciosambientalesdelmunicipio.

Fomentar y/o desarrollar estudios e investigacionesrelacionadoscon ladimensiónambiental -urbano rural -quepropendanporelmanejoadecuadode los recursosnaturalesydelmedioambiente.

Establecer los lineamientos que orienten la gestión dela educación ambiental mediante acciones conjuntasy coordinadas con los diversos actores que tenganresponsabilidades y competencias en la educación y laculturaambiental.

Administrar y fortalecer el Sistema de InformaciónAmbientaldeMedellín(Siamed).

Promover y fortalecer en los medios de comunicaciónsocial,eldesarrollodeestrategiasdeformacióndeactitudesy valores de protección y recuperación ambiental de losrecursosnaturales,acordeconlaspolíticasnacionales.

RealizarelseguimientoalestadodelosrecursosnaturalesydelambientecomoherramientaparalarevisiónyajustedelPlanAmbientaldeMedellín.

Realizar acompañamiento técnico y ambiental a laactividadempresariale industrialpara la implementacióndemedidasdeproducciónyconsumosostenible.

Coordinaryejecutarlosproyectosyaccionesnecesariaspara mejorar las condiciones de la fauna, medianteactividades de educación y el fomento de la protección,conelfindeevitarelmaltratoe inadecuada tenenciadelos animales, en cumplimiento de la Política Pública deProtecciónAnimaldelMunicipiodeMedellín.

Diseñar, coordinar y ejecutar los proyectos relacionadosconlagestiónintegraldelosresiduossólidosdeacuerdoalanormativavigente,paraapoyareldireccionamientodelaspolíticasdemanejoderesiduosenlaciudad.

Diseñar y coordinar las estrategias de mejoramientode la calidad del aire y la prevención y corrección de lacontaminación auditiva, visual y electro magnética, asícomoestablecerlaredesdemonitoreorespectivos.



Implementar y ejecutar las políticas y directrices queorientenelPlandeOrdenamientoTerritorialenelámbitodesusfunciones.

Implementar, mantener y mejorar el Sistema Integralde Gestión para los procesos que dirige o participa, deacuerdoconlasdirectricesdefinidasporlaentidad.

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La Subsecretaria de Recursos Naturales Renovables, tendrá las siguientes funciones:

Definir y ejecutar los planes, programas y proyectosambientalesrelacionadosconlosrecursosnaturales,quegaranticen laconservación,recuperaciónyproteccióndelosrecursosnaturalesrenovables.

Ejecutaraccionesquegaranticen la conservaciónde losrecursosnaturalesenelMunicipiodeMedellín,orientadosalaproteccióndelaflorayfaunasilvestre,aislamientoyreforestacióndeáreasprotectorasydemásaccionesqueasílorequieran.

Liderar lasaccionesquegaranticenelmanejohidráulicodelascorrientes,minimizandoelimpactoquesepudieragenerar por avenidas torrenciales de las quebradas quehacenpartedelrecursohídricodelMunicipiodeMedellín.

Desarrollarlasaccionesnecesariasparaelmejoramientode la calidad de los recursos naturales y fomentar laapropiacióndelosespaciospúblicosverdes.

Gestionar y coordinar las acciones necesarias para lamitigaciónderiesgosasociadosaeventosquepudieranpresentarseenlasquebradasdelMunicipiodeMedellín.

Articular con las entidades competentes, la política degestión estratégica del ciclo del agua como recursonatural,bienpúblicoyelementodeefectividaddelderechoa la vida.

Realizar la identificación,priorizacióntécnicayambientalparagestionarconladependenciacompetentelacomprade predios que surten acueductos para la protección demicrocuencas,deacuerdoconlanormativavigente.

Mantener actualizado el inventario de la red hídrica delmunicipiodeMedellínencoordinaciónconelDepartamentoAdministrativo de Planeación, con el fin de garantizarunidad de criterios técnicos en las actuaciones de lasdiversasdependenciasdelmunicipio.

Realizar lagestiónambientalde losCerrosTutelaresdeMedellín, en aras de dar cumplimiento a sus planes demanejo.

Liderar y gestionar las acciones necesarias para laprotección, conservación y fomento de los espaciospúblicosverdes,paisajismoysilviculturadelMunicipiodeMedellín.

Formular, implementarycoordinar,convisión integral, lapolítica de conservación, aprovechamiento y desarrollosostenibledelasáreasprotegidasdelMunicipio.

Implementar accionesen cumplimientode losplanesdedescontaminacióndeaireyderuido.



Implementar y ejecutar las políticas y directrices queorientenelPlandeOrdenamientoTerritorialenelámbitodesusfunciones.

Implementar, mantener y mejorar el Sistema IntegraldeGestiónpara losprocesosquedirigeoparticipa, deacuerdoconlasdirectricesdefinidasporlaentidad.

Parágrafo. LaSecretaríadeMedioAmbientenoejecutaráenformadirectalaboresdeconstrucciónysostenimientodeobrapública, lascualesseránrealizadasexclusivamentemediantecontrataciónpúblicacontercerosespecializados.

Que de acuerdo al proceso de optimización de lamodernizaciónysegún loconsagradoenelDecreto883de2015,seadoptaenlaSecretaríadeMedioAmbientelaplantaglobaldeempleosmedianteelResolución002068dejulio09de2015.

Que con el propósito de fortalecer los procesos de laSecretaríadeMedioAmbiente,sehacenecesarioadoptarlaplantadeempleosdeladependencia.

Quemediante Resolución 3096 deOctubre 26 de 2015se conformaron las unidades y equipos internos en laSecretaríadeMedioAmbiente.

Que la conformación de las Unidades y los Equipos deTrabajo descongestionan la gestión administrativa y laevaluación del desempeño de los Despachos a fin depuedan direccionar y controlar de manera adecuada elprocesoasignadoasudependencia.

Quedeacuerdoa lanuevaorganizaciónal interiorde laSecretaría y la conformación de unidades y/o equiposde trabajo, es necesario realizar algunos ajustes a lasfunciones, a la vez realizar movimientos a fin de hacermáságilesyeficienteslasactividadesdesarrolladasenlosequipos.

Queconsecuentecontodoloanterior,yenméritode loexpuesto

RESUELVE:

Artículo 1º: Ajustar las funciones de la UnidadAdministrativaAdscrita alDespachode laSecretaríadeMedioAmbientelacualquedaradelasiguientemanera:

La Unidad Administrativa adscrita al Despacho de laSecretaríadeMedioAmbientetendrácomoobjetivobásicoelsiguiente:

Coordinar y controlar los procesos administrativos, deapoyo logístico, de comunicaciones y las relaciones


interinstitucionales incluidos entes de control y demásactividadesadministrativasrequeridasparalaejecucióndelosprogramasyproyectosdeladependencia,asímismolasaccionesnecesariasparaaseguraroportunidadycalidaden los servicios, de transporte, dotación, suministros, ydemásserviciosinternos,requeridosparalaejecucióndelasactividadespropiasdeladependencia.

Consecuenteconelobjetivobásico,realizaráentreotras,lassiguientesresponsabilidades:

Coordinarlaformulación,ejecución,seguimientoycontrolalosprocesosdeapoyoadministrativo,financiero,logístico,jurídico, de infraestructura para el funcionamiento de laSecretaía delMedioAmbiente, de contratación y demásrequeridosparalaoperacióndeprogramasyproyectosdelaDependenciagarantizandooportunidadycalidadparalaejecucióndelasactividades.

Contribuir al cumplimiento de políticas, programas yproyectosestablecidosenelPlandeDesarrolloMunicipalvigente para cada periodo de gobierno, a través dela aplicación del Estatuto contractual Vigente y susDecretos Reglamentarios en desarrollo de los procesosde contratación que adelante la Secretaría del MedioAmbiente.

PrestarapoyotécnicoyAdministrativoalasSubsecretaríasdelaSecretaríadelMedioAmbiente,conelfindeadelantarprocesoscontractualesconeficienciayeficacia.

Adelantar las Gestiones internas y externas requeridaspara atender de manera oportuna los requerimientosy solicitudes de los entes de control con oportunidad ycalidad

Coordinarconotrasdependenciasdelordenmunicipal yentidadespúblicasyprivadaslosaspectosadministrativosrelacionadasconlaejecucióndeprogramasyproyectostendientes al mejoramiento de la gestión ambiental delMunicipiodeMedellín

Realizar seguimiento al cumplimiento y ejecución delpresupuestodelaSecretaría,mediantelaimplementaciónde actividades de control y elaboración de informes deseguimientoperiódicosalPlandeCompras.

Promover y fortalecer en los medios de comunicaciónsocial,eldesarrollodeestrategiasdeformacióndeactitudesy valores de protección y recuperación ambiental de losrecursosnaturales,acordeconlaspolíticasnacionales.

Coordinar la atención oportuna de los requerimientos,citacionesyconvocatoriasquerealicenelentedecontrolpolítico, las veedurías ciudadanas y las organizacionescomunitarias.

Aplicar los mecanismos de administración del personalde la Secretaría y hacer las recomendaciones del caso,adoptando las políticas y directrices que en materia demanejodepersonalestablezcaelMunicipio.

Coordinar el servicio de transporte, de acuerdo con losprogramasynecesidadesdelasdiferentesdependenciasdelaSecretaríadelMedioAmbiente,procurandoqueéstesepresteenformaeficienteyoportuna.

Artículo 2º:TrasladarelempleoCódigo40701030Posición2005438 adscrito Unidad Administrativa, Secretaría deMedio Ambiente para que dependa directamente de laUnidad de Educación y Buenas Prácticas AmbientalesSubsecretaríadeGestiónAmbiental,SecretaríadelMedioAmbiente,

Artículo 3º: Trasladar la servidora SANDRA MARCELATOVAR ACERO identificada con cédula de ciudadaníanúmero35.528.171quienseencuentraenprovisionalidaden el empleo Auxiliar Administrativo Código 40701030posición 2005438 adscrito a la Unidad Administrativa,SecretaríadeMedioAmbienteyasutitularMONICAMARIAZAPATA RUIZ identificada con cédula de ciudadaníanúmero43.522.07quienseencuentraenencargoenotroempleoparaquedependandirectamentedelaUnidaddeEducaciónyBuenasPrácticasAmbientalesSubsecretaríadeGestiónAmbiental,SecretaríadelMedioAmbiente.

Artículo 4º: AjustarlasfuncionesdelaUnidaddeEducaciónyBuenasPrácticasAmbientalesadscritaalDespachodelaSubsecretaríadeGestiónAmbiental,SecretaríadelMedioAmbientelacualquedaradelasiguientemanera:

LaUnidaddeEducaciónyBuenasPrácticasAmbientalesadscrita al Despacho de la Subsecretaría de GestiónAmbiental, Secretaría del MedioAmbiente, tendrá comoobjetivobásicoelsiguiente:

Coordinaryorientarlagestióndelaeducaciónambientalmedianteaccionesconjuntascoordinadasconlosdiversosactoresquetenganresponsabilidadesycompetenciasenlaeducaciónylaculturaambiental.


Promoverlamejoracontinuadelasactividadesindustrialesenrelaciónconelambientemediante,lareduccióndelaspérdidas sistemáticas o accidentales de materiales, enformadecontaminantes(residuos,emisionesovertidos),ydeestamaneraaumentarlaproductividadcentrándoseprincipalmenteen factoreshumanosyambientalesde laproducción

Realizar acompañamiento técnico y ambiental a laactividadempresariale industrialpara la implementacióndemedidasdeproducciónyconsumosostenible.

Coordinaryejecutarlosproyectosyaccionesnecesariaspara mejorar las condiciones de la fauna, medianteactividadesdeeducaciónyde fomentode laprotección,conelfindeevitarelmaltratoe inadecuada tenenciadelos animales, en cumplimiento de la Política Pública deProtecciónAnimaldelMunicipiodeMedellín.

64


Diseñar y coordinar las estrategias de mejoramientode la calidad del aire y la prevención y corrección de lacontaminación auditiva, visual y electromagnética, asícomoestablecerlasredesdemonitoreorespectivos.

Fortalecer la educación en tenencia responsable deanimales, atención de animales en situación de calle,sensibilización para la entrega en adopción de animalesde compañía, administración del sistema de registro deinformación.

Promover laeducaciónambientala travésde laescuelaambiental y escuela para servidores municipales,articulado con estrategias como aulas ambientales,mesas ambientales, procedas y semilleros ambientales;estrategiaseducativasencalidaddelaireyruido,puntoslimpios,puntoscríticosasociadosaresiduosyaquebradas.Educación en uso eficiente del agua, la energía y losresiduossólidos,enhogaresyempresas;huertasurbanasyrurales,huertosleñerosyestufaseficientes;seguimientoalaimplementacióndelaguíademanejosocioambientalenobra.

Artículo 5º:TrasladarelempleoProfesionalUniversitarioCódigo 21902295 Posición 2000592 adscrito al Equipode Planeación Ambiental SIGAM, Subsecretaría deGestiónAmbiental, Secretaría delMedioAmbiente, paraquedependadirectamentede laUnidaddeEducaciónyBuenasPrácticasAmbientales,SubsecretaríadeGestiónAmbiental,SecretaríadelMedioAmbiente,

Artículo 6º: Trasladar el servidor JUAN GUILLERMOMEJIA RIVAS identificado con cédula de ciudadaníanúmero71.648.609quienseencuentraenencargoenelempleoProfesionalUniversitariocódigo21902295posición2000592 adscrito al Equipo de Planeación AmbientalSIGAM, Subsecretaría de GestiónAmbiental, Secretaríadel MedioAmbiente y a su titular MARIA MAGDALENAGONZALEZ CORREA identificada con cédula deciudadanía número 39.267.787 quien se encuentra enencargoenotroempleoparaquedependadirectamentedelaUnidaddeEducaciónyBuenasPrácticasAmbientalesSubsecretaríadeGestiónAmbiental,SecretaríadelMedioAmbiente.

Artículo 7º: Ajustarlasfuncionesdel Equipo de Residuos Sólidos adscrito a la Unidad de Buenas Prácticasambientales, Subsecretaría de Gestión Ambiental,Secretaría del Medio Ambiente la cual quedara de lasiguientemanera:

El Equipo de Residuos Sólidos adscrito a la Unidadde Buenas Prácticas ambientales, tendrá como objetivobásico:

Diseñar, coordinar y ejecutar los proyectos relacionadosconlagestiónintegraldelosresiduossólidosdeacuerdoalanormativavigente,paraapoyareldireccionamientodelaspolíticasdemanejoderesiduosenlaciudad.


Ejecutar los proyectos priorizados en el PGIRS yrelacionadosconlaGIRS.

Acompañamientoarecicladoresarticuladoaloscentrosdeacopioycompraventas dematerial reciclableurbanosyrurales;gestiónderesiduosdeconstrucciónydemolición;PMIRSenlossectoresinstitucional,residencialycomercial;seguimientoapuntoslimpios.

Desarrollar acciones de educación, capacitación yparticipaciónparaunagestiónadecuadade los residuossólidoseficiente,eficazysostenible.

Desarrollar procedimientos y políticas que generen unadecuado manejo de los residuos sólidos que permitanrealizar una gestión ambiental y económicamenteadecuada.

Adoptarmedidasdeminimizaciónde residuossólidos,atravésdelareduccióndesusvolúmenesdegeneraciónycaracterísticasdepeligrosidad.

Promoverlainiciativayparticipaciónactivadelapoblación,la sociedad civil organizada, y el sector privado en laadecuadagestióndelosresiduossólidos.

Artículo 8º:TrasladarelempleoProfesionalUniversitariocódigo 21902212 posición 2017086 del Equipo deSoluciones Hidráulicas, Unidad de Ordenamiento delRecurso Hídrico Subsecretaría de Recursos NaturalesRenovables,Secretaría de Medio Ambiente, para quedependa directamente Equipo de Residuos Sólidos,Unidad de Buenas Prácticas Ambientales,SubsecretaríadeGestiónAmbiental,SecretaríadeMedioAmbiente

Artículo 9º:TrasladarelservidorYESIDALEXISRAMIREZVALENCIAidentificadoconcéduladeciudadaníanúmero8.161.279 quien se encuentra en provisionalidad en elempleoProfesionalUniversitariocódigo21902212posición2017086 del Equipo de Soluciones Hidráulicas, Unidadde Ordenamiento del Recurso Hídrico Subsecretaría deRecursos Naturales Renovables, Secretaría de MedioAmbiente, para que dependa directamente Equipode Residuos Sólidos, Unidad de Buenas PrácticasAmbientales,Subsecretaría de Gestión Ambiental,SecretaríadeMedioAmbiente.

Artículo 10°: Ajustar las funciones del Equipo de Planeación Ambiental SIGAM adscritoalDespachodelaSubsecretaríadeGestiónAmbiental,SecretaríadelMedioAmbientequedaradelasiguientemanera:

Equipo de Planeación Ambiental SIGAM adscrito alDespacho de la Subsecretaría de Gestión Ambiental,Secretaría del Medio Ambiente, tendrá como objetivobásico:

CoordinareimplementarelSistemadeGestiónAmbientaldeMedellín–SIGAM,comoherramientaestratégicaparalaarmonizacióndelaGestiónAmbientalMunicipal.



Fortalecer la Planeación, la gestión interinstitucional ydesarrollarprogramasyproyectosambientales,atravésdelosprincipalesinstrumentosqueguíanlaacciónambientaldeMedellín,comoson:ElSistemadeGestiónAmbientalde Medellín –Sigam- y el Plan Ambiental de Medellín-PAM-orientadosalcumplimientodelaPolíticaAmbientalestablecida paraMedellín, amparada en la normatividadvigente

Liderar el comité deAseo yOrnato delMunicipio conelpropósito de articular las instancias de laAdministraciónMunicipal para intervenir los puntos críticos, lograrintervencionesintegrales,ygeneraraccionesdeeducaciónambientalyrecuperarespaciospúblicosparaeldisfrutedetodalaciudadanía.

Liderar la formulación, ejecución y seguimiento delcomponenteambientaldelPlandeDesarrollodeMedellínydelPlandeAcciónyPresupuestopor resultadosen loquetienequevercondelaSecretaríadelMedioAmbiente,articuladosconelPlanAmbientaldeMedellín–PAM.

Participar en la formulación, revisión y concertación delcomponenteambientaldelPlandeOrdenamientoTerritorial

Dirigiryarticular laspolíticas,programasyproyectosdelordenNacionalyLocalyelSistemadeGestiónAmbientaldeMedellín-Sigam,conlasdiversasdependenciasdelaAdministraciónMunicipalysusentesdescentralizados,deacuerdoconlasnormasvigentes.

Fomentar y/o desarrollar estudios e investigacionesrelacionadoscon ladimensiónambiental -urbano rural -quepropendanporelmanejoadecuadode los recursosnaturalesydelmedioambiente.

Acompañamiento a formulación y seguimiento a losplanes,programasypolíticasambientales,comoelPlande Ordenamiento Territorial (POT), Plan Ambiental deMedellin(PAM),yelPlandeDesarrolloMunicipal(PDM).

Coordinación del Programa de Planeación Local yPresupuesto Participativo, en referente a la Secretaríadel Medio Ambiente, específicamente en la planeacióny el seguimiento a la ejecución de los componentesmediambientales

Coordinacióndelfuncionamientodelaestructuraoperativadel Sigam (CAM, Grupo Líder, Comités Temáticos),y acompañamiento al proceso de Calidad SIG de laSecretaríadeMedioAmbiente.

ApoyarlaidentificaciónyconsolidacióndelainformaciónrequeridaparalosinformesdeseguimientoalcumplimientoyejecucióndelPlandeDesarrollo,PlandeAcciónde laSecretaríadeMedioAmbiente,asícomo laconsolidaciónyelaboracióndelainformaciónestadísticaeindicadoresasociadosalosmismos.

Artículo 11º:TrasladarelempleoProfesionalUniversitariocódigo 21902344 posición 2005380 de la Unidad deEducación y Buenas Prácticas Ambientales, Despachode la Subsecretaría de Gestión Ambiental, SecretaríadelMedioAmbiente,paraquedependadirectamentedelEquipodePlaneaciónAmbientalSIGAM,SubsecretaríadeGestiónAmbiental,SecretaríadeMedioAmbiente.

Artículo 12º: Trasladar la servidora GLORIA INESBENJUMEAPEREZidentificadaconcéduladeciudadaníanúmero32.319.750quienestitulardelempleoProfesionalUniversitario código 21902344 posición 2005380 de laUnidad de Educación y Buenas Prácticas Ambientales,Despacho de la Subsecretaría de Gestión Ambiental,Secretaría del Medio Ambiente, para que dependadirectamentedelEquipodePlaneaciónAmbientalSIGAMSubsecretaríadeGestiónAmbiental,SecretaríadeMedioAmbiente

Artículo 13º:TrasladarelempleoProfesionalUniversitariocódigo 21902324 posición 2016512 de la Unidad deEducaciónyBuenasPrácticasAmbientales,Subsecretaríade Gestión Ambiental, Secretaría del Medio Ambiente,paraquedependadirectamentedelEquipodePlaneaciónAmbiental SIGAM, Subsecretaría de Gestión Ambiental, SecretaríadeMedioAmbiente.

Artículo 14º:TrasladarelservidorHECTORJULIOCANOJARAMILLOidentificadoconcéduladeciudadaníanúmero71.386.959 quien se encuentra en provisionalidad en elempleoProfesionalUniversitariocódigo21902324posición2016512de laUnidaddeEducaciónyBuenasPrácticasAmbientales, Subsecretaría de Gestión Ambiental,Secretaría del Medio Ambiente, para que dependadirectamentedelEquipodePlaneaciónAmbientalSIGAM,SubsecretaríadeGestiónAmbiental,SecretaríadeMedioAmbiente.

Artículo 15º:TrasladarelempleoTécnicoAdministrativocódigo36702132posición2005381adscritoalaUnidadAdministrativa,Secretaría delMedioAmbiente, para quedependadirectamentedelEquipodePlaneaciónAmbientalSIGAM, Subsecretaría de GestiónAmbiental, SecretaríadeMedioAmbiente

Artículo16º: Trasladar la servidora ALEYDA DE LASMERCEDESOSORNOALVAREZidentificadaconcédulade ciudadanía número 42.777.454 quien es titular delempleoTécnicoAdministrativocódigo36702132posición2005381adscritoa la UnidadAdministrativa,SecretaríadelMedioAmbiente,paraquedependadirectamentedelEquipodePlaneaciónAmbientalSIGAM,SubsecretaríadeGestiónAmbiental,SecretaríadeMedioAmbiente.

Artículo 17°: Ajustar las funciones del Equipo de Gestión de la Información adscrito al Despacho de laSubsecretaríadeGestiónAmbiental,SecretaríadelMedioAmbientequedaradelasiguientemanera:

El Equipo de Gestión de la Información, adscrito a ladespacho de la Subsecretaria de tendrá como objetivobásico:

66


Liderar,administraryfortalecereldiseñoylaimplementacióndelSistemadeInformaciónAmbientaldeMedellín,conelfindeconocerdeformaoportunayverazelestadodelosrecursosnaturalesrenovablesyelambiente,asícomolagestiónambientaldelMunicipio,paraorientar latomadedecisioneseinformaralacomunidad.


Liderarel diseñoe implementaciónde losComponentesdel Sistema de Información Ambiental, que permitadeterminar las potencialidades y limitaciones de losrecursosnaturales,demaneraquesirvandeinsumoparaplanificarsuordenamientoy manejodesdelaSecretaría.

Coordinarlaelaboraciónypresentacióndelosinformesdelos componentes del Sistema de InformaciónAmbiental,conelfindeconocerdeformaoportunayverazelestadode los recursos naturales y el ambiente, así como lagestiónambientaldelmunicipio,paraorientar latomadedecisiones.

Coordinar, apoyar y participar en las diferentesinvestigacionesde tipoestadísticoquesedesarrollanenlaSecretaríadeMedioAmbienteencumplimientodesumisión, de tal forma que cumplan con el rigor técnico ycientíficoqueexigenestetipodeestudios.

Coordinar el centro de información e investigacionesambientales de Medellin, Sistema de InfornaciónGeografica, la oficina de soporte SIAMED y realizar elmantenimiento y mejoras permanentes al sistema deinformación ambiental para Medellin y los susbsistemasimplementados, por implementar y gestión de lasplataformasdelOAMySIATA.

Artículo 18º:TrasladarelempleoProfesionalUniversitariocódigo 21902298 posición 2005312 de la Unidad deEstructura Ecológica, Subsecretaría Recursos NaturalesRenovables, Secretaría de Medio Ambiente, para quedependadirectamentedelEquipodeestudiosydiseños,UnidaddeOrdenamientodelRecursoHídricoSubsecretaríadeRecursosNaturalesRenovables, SecretaríadeMedioAmbiente.

Artículo 19º: Trasladar la servidora YULI DAYANYRODRIGUEZDAZAidentificadaconcéduladeciudadaníanumero43.996.610quienseencuentraenprovisionalidaden el empleo Profesional Universitario código 21902298posición2005312, y su titluarSANDOVALHERNANDEZANA CATALINA identificada con cédula de ciudadaníanumero 43.755.118 que se encuentra en encargo enotro empleo, de la Unidad de Estructura Ecológica,SubsecretaríaRecursosNaturalesRenovables,SecretaríadeMedioAmbiente, paraquedependadirectamentedelEquipo de estudios y diseños, Unidad deOrdenamiento

delRecursoHídricoSubsecretaríadeRecursosNaturalesRenovables,SecretaríadeMedioAmbiente

Artículo 20º:TrasladarelempleoProfesionalUniversitariocódigo 21902356 posición 2016517 del Equipo deestudiosydiseñosadscritoalaUnidaddeOrdenamientodelRecursoHídrico,SubsecretaríadeRecursosNaturalesRenovables, Secretaría de Medio Ambiente, para quedependa directamente de la Unidad de EstructuraEcologica, Subsecretaría de Recursos NaturalesRenovables, SecretaríadeMedioAmbiente.

Artículo 21º: Trasladar la servidora VILLA GRAJALESANAMARIAidentificadaconcéduladeciudadaníanumero43.252.423 quien se encuentra en provisionalidad en elempleoProfesionalUniversitariocódigo21902356Posición2016517del Equipodeestudiosydiseñosadscritoa laUnidaddeOrdenamientodelRecursoHídricoSubsecretaríadeRecursosNaturalesRenovables,SecretaríadeMedioAmbiente, para que dependadirectamente de laUnidadde Estructura Ecologica, Subsecretaría de RecursosNaturalesRenovables,SecretaríadeMedioAmbiente.

Artículo 22º:TrasladarelempleoProfesionalUniversitariocódigo 21902212 posición 2017124 del Equipo deresiduossólidos,UnidaddeBuenasPrácticasambientalesSubsecretaríadeGestónAmbiental,SecretaríadeMedioAmbiente, para que dependa directamente del equipode soluciones Hidraulicas, Unidad de Ordenamiento delRecurso Hídrico Subsecretaría de Recursos NaturalesRenovables.

Artículo 23º: Trasladar la servidora GARCIA ARCILANELIDAAMPARO identificada con cédulade ciudadaníanumero43.501.311quienseencuentraenprovisionalidaden el empleo Profesional Universitario código 21902212posición2017124delEquipode residuossólidos,Unidadde Buenas Prácticas ambientales Subsecretaría deGestón Ambiental, Secretaría de Medio Ambiente, paraque dependa directamente del equipo de solucionesHidraulicas,UnidaddeOrdenamientodelRecursoHídricoSubsecretaríadeRecursosNaturalesRenovables..

Artículo 24°: LasUnidades,Equipos,yservidoresadscritosalaSecretaríadeMedioAmbientenomencionadosenelpresenteActoAdministrativo, continuaránen lasmismasDependenciasyconlasmismasresponsabilidades.

Artículo25º: Los manuales específicos de funciones ycompetenciaslaboralesdelosempleoscontempladosenestaresolución,serán losexistentesparaestosempleosenelMunicipiodeMedellín.

Artículo 26º: La presente resolución rige a partir de lafechadesupublicaciónenlagacetaoficialyderogatodaslasdisposicionesqueleseancontrarias.

PUBLÍQUESE Y CÚMPLASE

DadoenMedellín,alosveintinueve(29)díasdelmesdiciembrede2015

ALEJANDRA VANEGAS VALENCIA SecretaríadeGestiónHumanayServicioalaCiudadanía



Por medio del cual se modifican unos Actos Administrativos en el Municipio de Medellín

LA SECRETARÍA DE GESTIÓN HUMANA Y SERVICIO A LA CIUDADANÍA

Enejerciciodesusfacultadeslegales,especialmente lasconferidasenelartículo315delaConstituciónPolítica,elartículo29de laLey1551de2012,elDecretoNacional1083 de 2015, la Ley 909 de 2004 y sus Decretosreglamentariosy losDecretosMunicipales883y912de2015,y

CONSIDERANDO:

QuelaAdministraciónMunicipaltieneunaPlantaGlobaldeEmpleos,deacuerdoconlodefinidoenelartículo115delaLey489de1998,enconcordanciaconelartículo209delaConstituciónPolítica.

Que la condición de planta global que caracteriza laestructura de empleos de la Administración Municipal,permiterealizartrasladosenformahorizontal,respetandosuperfil,asignaciónsalarialylaesenciadelasfuncionesdelempleoobjetoatrasladar,deacuerdoconloestablecidoenlosartículos2.2.5.9.2.y2.2.5.9.3.delDecretoNacional1083 de 2015.

Que es función del nominador ubicar los cargos en lasdistintasdependenciasdelaorganización,deconformidadconlaestructuraorgánica,lasnecesidadesdelservicioylosplanesyprogramasquesedebanejecutar.

Que el artículo 19 de la Ley 909 de 2004, “Por la cual se expiden normas que regulan el empleo público, la carrera administrativa, gerencia pública y se dictan otras disposiciones”, tratade laestructuradelempleopúblico,definiéndolo como el conjunto de funciones, tareas yresponsabilidades que se asignan a una persona y lascompetencias requeridas para llevarlas a cabo, con elpropósitodesatisfacerlosPlanesdeDesarrolloylosfinesdelEstado.

Quelosartículos2.2.5.9.2.y2.2.5.9.3.delDecretoNacional1083de2015,expresanqueuntrasladosepuederealizarpornecesidaddel servicio, siemprequeellono impliquecondicionesmenosfavorablesparaelempleadoysetratedeempleosconfuncionesafines,delamismacategoríayconrequisitosmínimossimilares.Asímismo,eltrasladosepodráhacerpornecesidaddelservicio,siemprequeellonoimpliquecondicionesmenosfavorablesparaelempleadoo cuando sea solicitado por los servidores interesados,siemprequeelmovimientonocauseperjuiciosalservicio.

Que el artículo 2.2.12.1. del Decreto 1083 de 2015,“Reformas de las plantas de empleos”, expresa que lamodificacióndelaPlantadeEmpleosdebefundamentarseennecesidadesdelserviciooenrazonesdeModernización

de la Administración, y con base, entre otros, en lossiguientes aspectos: Literal 2: Cambios en la misión yobjetosocialoen las funcionesgeneralesde laEntidad,Literal 3: Traslado de funciones o competencias de unorganismo a otro., 4: Supresión fusión o creación dedependenciasomodificacióndesus funciones,Literal5:Mejoramientoo introduccióndeprocesos,produccióndebienesoprestacióndeserviciosyLiteral10:Mejoramientode los niveles de eficiencia, eficacia y economía de laEntidad.

Que mediante el Decreto 883 de junio 3 de 2015, seadecúa la Estructura de la Administración Municipal deMedellín,lasfuncionesdesusorganismos,dependenciasyentidadesdescentralizadas,semodificanunasentidadesdescentralizadasysedictanotrasdisposiciones.

Que mediante el Decreto 912 de junio 5 de 2015, sedelegó en la Secretaría de Gestión Humana y Servicioa la Ciudadanía la administración y control de la plantaglobaldeempleosdelsectorcentral, laorganizaciónconcarácterpermanenteotransitoriodelasunidades,equiposygruposinternosdetrabajoylaredistribucióndelpersonaldelMunicipio deMedellín del nivel central, conel fin deatenderlasnecesidadesdelservicioycumplirconeficaciay eficiencia, los objetivos, políticas y programas de las dependenciascentrales.

Queconelprocesodeimplementacióndelaoptimizacióna la modernización, se expidieron entre otras, lasResoluciones2017,2021,2022,2043,2046,2061,2062,2063, 2064, 2067, 2068, 2069 y 2098 de julio de 2015,mediantelascualesseconformaronlasplantasdeempleosde las Secretarías de Salud, Hacienda, Las Mujeres,Gobierno y Derechos Humanos, Privada, InfraestructuraFísica,Seguridad,DepartamentoAdministrativodeGestióndel Riesgo de Desastres, Cultura Ciudadana, InclusiónSocialyFamilia,Medioambiente,EducaciónyHacienda,respectivamente.

Que mediante Resolución 2066 de 2015, se adoptóla Planta de Empleos de la Secretaría General y setrasladaron de las dependencias en mención para esaSecretaría,variasplazasdeempleoscuyoperfilcontemplala formacióndisciplinarenDerecho,afindefortalecereldireccionamientojurídicodelaentidad.

Quecomoconsecuenciadeloanterior,losservidoresquefueron trasladados para laSecretaríaGeneral no fueronincluidosenlasplantasdeempleosdelasSecretaríasdeorigen.

Quenoobstante loanterioryteniendoencuentaqueseviene adelantando el proceso de implementación de lanueva estructura de la Administración Municipal, en elqueesnecesarioaprovecharelconocimientoyexperticia

68


delosservidoresensusrespectivosprocesos,seevaluónuevamentelanecesidaddelservicioencuantoalapoyoquedebebrindarsealprocesodeGestiónJurídica,ysedeterminónorealizarlanotificacióndelaResolución2066de2015alosservidoresqueseríantrasladados.

Que en elArtículo 1° de la Resolución 3218 del 11 denoviembre de 2015, se derogó la Resolución 2066de 2015, mediante la cual se realizó el traslado devarias plazas de empleos del nivel profesional con susrespectivos servidores, de las Secretarías de Salud,Hacienda,LasMujeres,GobiernoyDerechosHumanos,Privada, InfraestructuraFísica,Seguridad,DepartamentoAdministrativodeGestióndelRiesgodeDesastres,CulturaCiudadana, Inclusión Social y Familia, Medio ambiente,EducaciónyHaciendaparalaSecretaríaGeneral.

Que en virtud de dicha derogatoria, se hace necesarioasignar los empleos y servidores que no harán partede la Secretaría General en las dependencias a dondepertenecíanantesdequeentraraenvigencialaResolución2066 de 2015.

Queenméritodeloexpuesto,

RESUELVE:

Artículo 1°: Modificar la Resolución 2017 de 2015mediantelacualseconformólaplantadeempleosdelaSecretaríadeSalud,enel sentidodeque lossiguientesempleos con sus respectivos servidores hacen parte dedichaSecretaría,así:

No. Posición Cédula Apellidos y Nombres Código Empleo

Nombre del Empleo Tipo Vinculación Estado Subsecretaría

1 2012219 98461042MARTINEZ

CHAVARRIAGA OSCAR ARLEY

21902036 PROFESIONAL UNIVERSITARIO PROVISIONALIDAD Titular

SUBSECRETARIA DE SALUD PUBLICA

2 2012283 39443412 SANCHEZ GOMEZ LUZ STELLA 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. Titular

SUBSECRETARIA ADMINISTRATIVA

Y FINANCIERA DE SALUD

Artículo 2°:ModificarlaResolución2021de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríadeJuventud,enelsentidodequeelsiguienteempleoconsurespectivoservidorhacepartededichaSecretaría,así:


Nombre del Empleo Tipo Vinculación Estado

Unidad Organizativa - Subsecretaría

1 2016178 8,013,486 MESA GUZMAN RODRIGO ALFONSO 21902036 PROFESIONAL

UNIVERSITARIO PROVISIONALIDAD Titular

UNIDAD ADMINISTRATIVA -SECRETARIA

DE LA JUVENTUD

Artículo 3°:ModificarlaResolución2022de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríadelasMujeres,enelsentidodequeelsiguienteempleoconsurespectivoservidorhacepartededichaSecretaría,así:


Nombre del Empleo

Tipo Vinculación Estado Unidad Organizativa -

Subsecretaría

1 2016399 98537290 VALENCIA HINCAPIE LUIS ALBERTO 21902133 PROFESIONAL

UNIVERSITARIOCARRERA ADTIVA. Encargo

EQUIPO DE APOYO ADMINISTRATIVO-

SECRETARÍA DE LAS MUJERES

Artículo 4°:ModificarlaResolución2043de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríadeGobiernoyDerechosHumanos,enelsentidodequelossiguientesempleosconsusrespectivosservidoreshacenpartededichaSecretaría,así:


Nombre del Empleo


Subsecretaría

1 2013501 71668226 MESA RUBIANO JUAN GUILLERMO 22203021 PROFESIONAL

ESPECIALIZADOCARRERA ADTIVA. Titular

UNIDAD DE PREVENCIÓN,

PROTECCIÓN Y PROMOCIÓN DE

DERECHOS HUMANOS -SUBSECRETARÍADEDERECHOS HUMANOS



Nombre del Empleo


Subsecretaría

1 2013501 32541992 RENDON ARIAS FABIOLA ESTELA 22203021 PROFESIONAL

ESPECIALIZADOCARRERA ADTIVA. Encargo

UNIDAD DE PREVENCIÓN,

PROTECCIÓN Y PROMOCIÓN DE

DERECHOS HUMANOS -SUBSECRETARÍADEDERECHOS HUMANOS

2 2016270 71747884GALLEGO

RODRIGUEZ VICTOR HUGO

21902036 PROFESIONAL UNIVERSITARIO

CARRERA ADTIVA. Encargo

SUBSECRETARIA DE GOBIERNO LOCAL Y

CONVIVENCIA

Artículo 5°:ModificarlaResolución2046de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríaPrivada,enelsentidoenqueelsiguienteempleoconsurespectivoservidorhacepartededichaSecretaría,así:


Nombre del Empleo

Tipo Vinculación Estado


12012013 32209279 PINZON MUÑOZ

INDIRA COLOMBIA 21902036 PROFESIONAL UNIVERSITARIO

CARRERA ADTIVA.

ComisiónEnOtraEntidad

SECRETARIA PRIVADA

2012013 43261135 RESTREPO ZULUAGA SANDRA VERONICA 21902036 PROFESIONAL

UNIVERSITARIOCARRERA ADTIVA. Encargo SECRETARIA

PRIVADA

Artículo 6°:ModificarlaResolución2061de2015,mediantelacualseconformólaplantadeempleosdelaSecretaríadeInfraestructuraFísica,enelsentidodequelossiguientesempleosconsusrespectivosservidoreshacenpartededichaSecretaría,así:

No. Posición Cédula Apellidos y Nombres

Código Empleo

Nombre del Empleo Tipo Vinculación Estado Unidad Organizativa

- Subsecretaría

1

2004879 71,626,060 RESTREPO RIVAS LUIS FERNANDO 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. TitularSECRETARIA DE

INFRAESTRUCTURA FISICA

2004879 71,876,496RESTREPO

JARAMILLO OSCAR EDILBERTO

21902036 PROFESIONAL UNIVERSITARIO CARRERA ADTIVA. Encargo

SECRETARIA DE INFRAESTRUCTURA

FISICA

2 2012037 71,656,805 AGUILAR MUÑOZ JOHNY 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. TitularSECRETARIA DE

INFRAESTRUCTURA FISICA

3 2016591 98,580,846 RIVERA ZAPATA ROBERT ALIRIO 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. Encargo

SUBSECRETARIA DE CONSTRUCCION Y MANTENIMIENTO

DE LA INFRAESTRUCTURA

FISICA

4 2016588 43,265,268 MOSCOSO GARCIA SANDRA KATERINE 21902036 PROFESIONAL


SUBSECRETARIA DE PLANEACION

DE LA INFRAESTRUCTURA

FISICA

Artículo 7°:ModificarlaResolución2062de2015,mediantelacualseconformólaplantadeempleosdelaSecretaríadeSeguridad,enelsentidodequeelsiguienteempleoconsurespectivoservidorhacepartededichaSecretaría,así:


Código Empleo

Nombre del Empleo


Subsecretaría

1 2015985 34985978 GUZMAN MORENO MATILDE EUGENIA 21902036 PROFESIONAL


EQUIPO GESTION DE SEGURIDAD TERRITORIAL-

SUBSECRETARIA OPERATIVA DE LA

SEGURIDAD

Artículo 8°:ModificarlaResolución2063de2015,mediantelacualseconformólaplantadeempleosdelDepartamentoAdministrativodeGestióndelRiesgodeDesastres,enelsentidodequeelsiguienteempleoconsurespectivoservidorhacepartededichoDepartamentoAdministrativo,así:

70



Código Empleo

Nombre del Empleo


Subsecretaría

1 2016568 71,603,334 CANO JIMENEZ MAURICIO 22203021 PROFESIONAL


DEPTO. ADMTIVO. DE GESTION DEL RIESGO DE

DESASTRES

Artículo 9°:ModificarlaResolución2064de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríadeCulturaCiudadana,enelsentidodequelossiguientesempleosconsusrespectivosservidoreshacenpartededichaSecretaría,así:


Código Empleo

Nombre del Empleo


Subsecretaría

1 2012060 70056080CONGOTE

ZULETA JOSE DE JESUS

20606063 LIDER DE PROGRAMA

CARRERA ADTIVA. Titular SECRETARIA DE

CULTURA CIUDADANA

2 2000628 42756814 ARENAS RUA CECILIA INES 22203006 PROFESIONAL


UNIDAD ADMINISTRATIVA -SECRETARIADE

CULTURA CIUDADANA

Artículo 10°:ModificarlaResolución2067de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríadeInclusiónSocialyFamilia,enelsentidodequelossiguientesempleosconsusrespectivosservidoreshacenpartededichaSecretaría,así:


Código Empleo



1 2016337 70600814CALLE POSADA CARLOS CESAR

DE JESUS21902036 PROFESIONAL


UNIDAD ADMINISTRATIVA -SECRETARÍADE INCLUSIÓN

SOCIAL Y FAMILIA

2

2009714 43,620,867FERNANDEZ

VELEZ ERICA EVIDALIA

21902036 PROFESIONAL UNIVERSITARIO CARRERA ADTIVA. Titular


SOCIAL Y FAMILIA

2009714 71,591,198JIMENEZ LOPEZ

DE MESA GUSTAVO

21902036 PROFESIONAL UNIVERSITARIO PROVISIONALIDAD Titular


SOCIAL Y FAMILIA

Artículo 11°:ModificarlaResolución2068de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríadeMedioAmbiente,enelsentidodequeelsiguienteempleohacepartededichaSecretaría,así:


Código Empleo

Nombre del Empleo


Subsecretaría

1 2013667 V-Def VacanteDefinitiva 21902036 PROFESIONAL UNIVERSITARIO V-Def V-Def

UNIDADADMINISTRATIVA-SECRETARIA

DEL MEDIO AMBIENTE

Artículo 12°:ModificarlaResolución2069de2015,pormediodelacualseconformólaplantadeempleosdelaSecretaríadeEducación,enelsentidodequelossiguientesempleoshacenpartededichaSecretaría,así:


Nombre del Empleo


Subsecretaría

1 2008872 15379693 MUNOZ OSORIO JUAN FERNANDO 21902036 PROFESIONAL

UNIVERSITARIOCARRERA ADTIVA. Titular

SUBSECRETARIA ADMINISTRATIVA Y FINANCIERA DE

EDUCACION

2 2013713 3602588PEMBERTHY GUTIERREZ

LEONARDO ANTONIO21902036 PROFESIONAL



EDUCACION



Nombre del Empleo


Subsecretaría

2 2013713 70950751 OSORIO AGUDELO IVAN DE JESUS 21902036 PROFESIONAL



EDUCACION

3

2013715 71746160 GARCIA ARANGO GUSTAVO ADOLFO 21902036 PROFESIONAL



EDUCACION

2013715 3583757 DUQUE CASTRILLON HERNAN DE JESUS 21902036 PROFESIONAL



EDUCACION

4

2013714 71790873 RICO PALACIO DUVAN DE JESUS 21902036 PROFESIONAL



EDUCACION

2013714 42989822RODRIGUEZ

AGUIRRE CLARA INES

21902036 PROFESIONAL UNIVERSITARIO

CARRERA ADTIVA. Encargo


EDUCACION

Artículo 13°:ModificarlaResolución2098de2015,mediantelacualseconformólaplantadeempleosdelaSecretaríadeHacienda,enelsentidodequelossiguientesempleosconsusrespectivosservidoreshacenpartededichaSecretaría,así:




1 2002229 71590466 ALVAREZ ALVAREZ REINALDO DE JESUS 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. Encargo SECRETARIA DE HACIENDA

2 2016488 43510974 RIVERA RESTREPO MABEL ELENA 21902036 PROFESIONAL

UNIVERSITARIO PROVISIONALIDAD Titular SUBSECRETARIA DE INGRESOS

3 2002234 70127543 CARDONA ALZATE GONZALO ALONSO 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. Titular SECRETARIA DE HACIENDA

4 2001615 32515614 CORREA URIBE MARTA ELENA 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. Titular SUBSECRETARIA DE TESORERIA

5 2000351 70513806 GALLEGO CHICA PAULO IGNACIO 21902036 PROFESIONAL

UNIVERSITARIO CARRERA ADTIVA. Titular SUBSECRETARIA DE TESORERIA

Artículo 14°:Lasfunciones,requisitos,categoríasalarialydemásespecificacionestécnicasdelosempleoscontempladosen losartículosanterioresserán losexistentesenelmanualde funcionesycompetencias laboralesdelMunicipiodeMedellín.

Artículo 15°:EstaResoluciónrigeapartirdelafechadesupublicaciónenlaGacetaOficialdelMunicipiodeMedellínyderogalasdisposicionesqueleseancontrarias.


DadoenMedellín,aloscuatro(4)díasdelmesdiciembrede2015

ALEJANDRA VANEGAS VALENCIA SecretariadeGestiónHumanayServicioalaCiudadanía

72



Por medio del cual se aclaran los Artículos 405 y 406 de la Resolución 3728 de 2015, los Artículos 143 y 149 de la Resolución 3730 de Diciembre 14 de 2015 y se adiciona

el Artículo 95 de éste último Acto Administrativo. LA SECRETARIA DE GESTIÓN HUMANA

Y SERVICIO A LA CIUDADANÍA,

Enusodesusatribucioneslegales,y

CONSIDERANDO:

Que mediante el Decreto 912 de junio 5 de 2015, sedelegó en la Secretaría de Gestión Humana y Servicioa laCiudadanía, la administración y control de la plantaglobaldeempleosdelsectorcentral, laorganizaciónconcarácterpermanenteotransitoriodelasunidades,equiposygruposinternosdetrabajoylaredistribucióndelpersonaldelMunicipio deMedellín del nivel central, conel fin deatenderlasnecesidadesdelservicioycumplirconeficaciay eficiencia, los objetivos, políticas y programas de lasdependenciascentrales.

QuemedianteResolución3728deDiciembre14de2015,se ajustan los manuales de funciones y competenciaslaborales para los empleos del nivel Profesional(Profesional Universitario, Profesional Universitario ÁreaSalud, Profesional Especializado Área Salud, MédicoGeneral, Médico Especialista, Enfermero, EnfermeroEspecialista,Odontólogo,OdontólogoEspecialista) enelMunicipiodeMedellín.

Queenelartículo405de laResoluciónenmención, sehomologaelempleoProfesionalUniversitarioÁreaSalud,códigos23702002,posición23702005,posiciones2012212y 2012215 respectivamente, por el empleo ProfesionalUniversitario, código 21902369, debiendo homologarseporelempleoProfesionalUniversitariocódigo21902390.

Queasímismo,enelartículo406delamismaResolución,sedeterminacualseráelmanualdefuncionesdelempleoProfesionalUniversitario,código21902369,modificadoenel artículo405dedichoActoAdministrativo, debiendoel21902390elcódigocorrecto.

QuemedianteResolución3730dediciembre14de2015,se ajustaron losmanuales de funciones y competenciaslaboralesparalosempleosdelnivelAsesoryProfesional(Líder de Programa, Líder de Proyecto, ProfesionalEspecializado,ComisariodeFamiliaeInspectordePolicíade1ªCategoría)enelMunicipiodeMedellín.

Queenelartículo95dedichaResolución,sedeterminóelmanualdefuncionesycompetenciaslaboralesdelempleoLíderdeProgramacódigo20606178.

Queporserunempleodecarreraadministrativadelmásaltonivelrequiereparasudesempeñodeunascalidadesycompetencias,asícomodeexperticiaenlasfuncionesdelmismoporlocuallosrequisitosdeestudioyexperiencianopuedensercompensados.

Que se hace necesario aclarar los artículos 405 y 406de la Resolución 3728 de diciembre 14 de 2015, en elsentidodequeelempleo ProfesionalUniversitarioÁreaSalud,códigos23702002,posición23702005,posiciones2012212 y 2012215 respectivamente, es homologado alempleoProfesionalUniversitariocódigo21902390ynoalempleo21902369comosemencionóendichaResolución.

Que así mismo, es necesario adicionar los requisitosde estudio y experiencia del empleo Líder de Programacódigo20606178,afindegarantizar la idoneidadde losservidoresquesedesempeñenenesteempleo.

Que mediante Resolución 3730 de Diciembre 14 de2015, Pormedio de la cual se ajustan losmanuales defuncionesycompetenciaslaboralesparalosempleosdelnivelAsesor y Profesional (Líder dePrograma, Líder deProyecto,ProfesionalEspecializado,ComisariodeFamiliaeInspectordePolicíade1ªCategoría)enelMunicipiodeMedellín.

Queenlosartículos143y149delaResoluciónenmención,se determinan cuáles serán los manuales de funcionesy competencias laborales para los empleos Líder deProgramacódigo20606109y20606015respectivamente.

Que el ejercicio de los empleos en mención implica laadministraciónyelmanejodirectodebienes,dinerosy/ovalores del Estado y por tal razón la naturaleza de losmismosesdeLibreNombramientoyRemoción.

Que se hace necesario aclarar los artículos 143 y 149de la Resolución 3730 de diciembre 14 de 2015, en elsentidodequelanaturalezadedichosempleosesdeLibreNombramientoyRemociónynodeCarreraAdministrativa,comoquedóregistrado.

Queenméritodeloexpuesto,

RESUELVE:

Artículo 1º:Aclararelartículo405y406delaResolución3728 de diciembre 14 de 2015, en cuanto a que elempleo Profesional Universitario Área Salud, códigos23702002, 23702005, posiciones 2012212 y 2012215


respectivamente,eshomologadoporelempleoProfesionalUniversitario código 21902390 y no por el empleoProfesional Universitario código 21902369 como quedóregistrado.

Artículo 2°:Adicionarelartículo95delaResolución3730dediciembre14de2015,enelcualsedeterminaelmanualdefuncionesycompetenciaslaboralesdelempleoLíderdeProgramacódigo20606178,alcualseledeberáagregarenlosrequisitosdeformaciónacadémicayexperiencia,losiguiente:

EQUIVALENCIA:

NoleaplicanlasequivalenciasestablecidasenlasnormasvigentesdeCarreraAdministrativa.

Artículo 3°: Aclarar los Artículos 143 y 149 de laResolución3730de2015,encuantoaquelanaturalezade los empleos Líder de Programa códigos 20606109 y20606015, respectivamente es de Libre NombramientoyRemoción ynodeCarreraAdministrativa comoquedóregistrado.

Artículo 4°:LapresenteResoluciónrigeapartirdelafechade su publicación en la Gaceta Oficial del Municipio deMedellínyderogalasdisposicionesqueleseancontrarias.

PUBLIQUESE Y CÚMPLASE

DadoenMedellín,alosdiezyocho(18)díasdelmesdiciembrede2015



Por medio del cual se realizan unos traslados en la Administración Municipal,

y se dictan otras disposiciones.EL ALCALDE DE MEDELLÍN,

En uso de sus facultades constitucionales y legales,especialmente las conferidas por el artículo 209 delartículo315delaConstituciónPolítica,laLey909de2004ysusdecretosreglamentarios,elDecretoNacional1083de2015ylosDecretosMunicipales883y912de2015,y

CONSIDERANDO:

QueelMunicipiodeMedellín tieneunaPlantaGlobaldeempleos,deacuerdoconlodefinidoenelartículo115de

laLey489de1998“Porlacualsedictannormassobrelaorganizaciónyfuncionamientodelasentidadesdelordennacional,seexpidenlasdisposiciones,principiosyreglasgeneralesparaelejerciciodelasatribucionesprevistasenlosnumerales15y16delartículo189delaConstituciónPolíticaysedictanotrasdisposiciones”,enconcordanciaconelartículo209delaConstituciónPolítica.

Que la condición de planta global que caracteriza laestructuradeempleosdelMunicipiodeMedellínpermitetraslados en forma horizontal, respetando su perfil,asignación salarial y la esencia de las funciones de losempleosatrasladar.

74



Que el Decreto 1083 de 2015, “Por medio del cual seexpide el Decreto Único Reglamentario del Sector deFunciónPública”,estableceentreotros loscriteriospararealizarlosTrasladosopermutasdeempleos.

Que en el Decreto antes citado, en su Título 5“Administracióndepersonalysituacionesadministrativasde los empleados públicos de las entidades del ordennacional y Territorial”, Capítulo 9 “Los Movimientos”,artículo2.2.5.9.1Movimientosdepersonal.Elmovimientodelpersonalenserviciosepuedehacerpor:1.Trasladoopermuta,2. Encargo,y3. Ascenso.

Queademásenelartículo2.2.5.9.2Trasladoopermuta.Indicaquehaytrasladocuandoseprovee,conunempleadoen servicio activo, un cargo vacante definitivamente,con funciones afines al que desempeña, de la mismacategoría, y para el cual se exijan requisitos mínimossimilares.Tambiénhaytrasladocuandolaadministraciónhacepermutasentreempleadosquedesempeñencargosde funciones afines o complementarias, que tengan lamisma categoría y para los cuales se exijan requisitosmínimossimilaresparasudesempeño. Lostrasladosopermutaspodránhacersedentrodelamismaentidadodeunorganismoaotro,conelllenodelosrequisitosprevistosenel presente decreto. Cuando se trate de trasladosopermutas entere organismos, la providencia deberá serautorizada por los jefes de las entidades en donde seproduce.Losreglamentosdelascarrerasespeciales,enloreferentea lostrasladosypermutas,seajustarána loquesedisponeenésteTítulo.

Que a su vez en el artículo 2.2.5.9.3 Condiciones deltraslado.El trasladosepodráhacerpornecesidadesdelservicio,siemprequeellonoimpliquecondicionesmenosfavorables para el empleado. Podrá hacerse tambiéncuando sea solicitado por los empleados interesados, ysiemprequeelmovimientonocauseperjuiciosalservicio.

QueenelTitulo12“ReformasdelasPlantasdeEmpleos”,delmismoDecreto1083,ensuartículo2.2.12.1,expresaque la modificación de la Planta de Empleos debefundamentarseennecesidadesdelserviciooenrazonesdeModernizacióndelaAdministración,yconbase,entreotros,enlossiguientesaspectos:Literal2:CambiosenlamisiónyobjetosocialoenlasfuncionesgeneralesdelaEntidad,Literal3:Trasladode funcionesocompetenciasdeunorganismoaotro.,4:Supresiónfusiónocreacióndedependenciasomodificacióndesus funciones,Literal5:Mejoramientoo introduccióndeprocesos,produccióndebienesoprestacióndeserviciosyLiteral10:Mejoramientode los niveles de eficiencia, eficacia y economía de laEntidad.

Que mediante el Decreto 883 de junio 3 de 2015, seadecúa la Estructura de la Administración Municipal de

Medellín,lasfuncionesdesusorganismos,dependenciasyentidadesdescentralizadas,semodificanunasentidadesdescentralizadasysedictanotrasdisposiciones.

Queen elmencionadoDecreto se creó en la estructuraadministrativa del nivel central de la AdministraciónMunicipal,entreotras,laSecretaríadeGobiernoyDerechosHumanos, la cual para cumplir las responsabilidades,funciones,procesos,planes,programasyproyectosaellaasignada,requierecontarconunaplantadepersonal,quepermitalaoperación,integraciónyelfortalecimiento,paraalcanzar los fines del Estado y la ejecución del Plan deDesarrollo,manteniendoloconsagradoenelartículo115delaLey489de1998,elcualexpresaquelacondicióndeplantaglobalquecaracterizalaestructuradeempleosdelaAdministraciónMunicipalpermiteun trasladoen formahorizontal, respetando su perfil, asignación salarial y lanaturalezadelasfunciones,afindefortalecerlosprocesosestratégicos,misionalesydeapoyodeladependencia.

Que mediante el Decreto 912 de junio 5 de 2015, sedelegó en la Secretaría de Gestión Humana y Servicioa laCiudadanía, la administración y control de la plantaglobaldeempleosdelsectorcentral, laorganizaciónconcarácterpermanenteotransitoriodelasunidades,equiposygruposinternosdetrabajoylaredistribucióndelpersonaldelMunicipio deMedellín del nivel central, conel fin deatenderlasnecesidadesdelservicioycumplirconeficaciay eficiencia, los objetivos, políticas y programas de lasdependenciascentrales.

Que la Administración Municipal requiere profesionalesanalíticos, capaces de elaborar planes estratégicos,integrarlosprogramasydesarrollarlosproyectosparalatomadedecisionesyoptimizacióndelosrecursosdelasmismas, buscando además que sus servidores apliquenlos conocimientos adquiridos con el fin de atender lasnecesidadesdelservicioycumplirconeficaciayeficiencialosobjetivosyfuncionesdelaentidad.

QuelapermutadelosempleosProfesionalUniversitario,se ajusta perfectamente al desarrollo de los objetivosestablecidosparacadaunodeellos,ademásajustándosealoestablecidoporlaLey1098de2006,encuantoalosperfilesdelosservidoresqueconformaránlasComisaríasdeFamilia.

QueeltrasladoarealizarenelpresenteActoAdministrativo,está fundamentado en la solicitud elevada por correoelectrónico de fecha 23 de diciembre de 2015, suscritopor ladoctoraClaudiaPatriciaWilchesMesa,Secretariade Despacho de la Secretaría de Gobierno y DerechosHumanos,quienrequiereserealicelapermutadeempleosysusrespectivosservidores.

Queconsecuentecon todo loanterior, yenméritode loexpuesto,

RESUELVE:

Artículo 1º: Trasladaruna(1)plazadelempleoProfesionalUniversitario código 21902049, posición 2009366,


adscritoalaUnidadComisaríasdeFamilia,Subsecretaría GobiernoLocalyConvivencia,SecretaríadeGobiernoyDerechosHumanos,paraquedependadirectamentedelaUnidadConvivenciaCiudadanadelamismaSubsecretaríaySecretaría.

Artículo 2: Trasladar al servidor ANDRÉS FELIPEBURITICÁ VARGAS, identificado con la cédula deciudadanía número 98.669.842, quien se desempeñaen calidad de Provisionalidad en el empleo ProfesionalUniversitario código 21902049, posición 2009366,adscritoalaUnidadComisaríasdeFamilia,SubsecretaríaGobiernoLocalyConvivencia,SecretaríadeGobiernoyDerechosHumanos, y su titular CIELOMARIA SERNALONDOÑO, identificada con la cédula de ciudadaníanúmero 43.519.572, quien se encuentra encargada enotroempleo,paraquedependadirectamentedelaUnidadConvivencia Ciudadana de la misma Subsecretaría ySecretaría.

Artículo 3º:Trasladaruna(1)plazadelempleoProfesionalUniversitario código 21902049,posición2004493,adscritoa la Unidad Convivencia Ciudadana, SubsecretaríaGobiernoLocalyConvivencia,SecretaríadeGobiernoyDerechosHumanos,paraquedependadirectamentedela

UnidadComisaríasdeFamilia,delamismaSubsecretaríaySecretaría.

Artículo 4: Trasladar al servidor BYRNE RAMÍREZURREGO, identificado con la cédula de ciudadaníanúmero 98.671495, quien se desempeña en calidad deProvisionalidad en el empleo Profesional Universitariocódigo21902049,posición2004493,adscritoalaUnidadConvivencia Ciudadana, Subsecretaría Gobierno Localy Convivencia, Secretaría de Gobierno y DerechosHumanos,ysutitularNATALIADELPILARCAMPUZANOROJAS,identificadaconlacéduladeciudadaníanúmero43.259.185,quienseencuentraencargadaenotroempleo,paraquedependadirectamentedelaUnidadComisaríasdeFamilia,delamismaSubsecretaríaySecretaría.

Artículo 5°: El manual de funciones y competenciaslaboresdelempleotrasladadoenlapresenteResolución,será el existente para este empleo en el Municipio deMedellín.

Artículo 6°:EstaResoluciónrigeapartirdelafechadesupublicaciónenlaGacetaOficialdelMunicipiodeMedellínyderogalasdisposicionesqueleseancontrarias.


DadoenMedellín,alosveintinueve(29)díadelmesdediciembrede2015


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