EX-4.13 7 u98151exv4w13.txt 2001 PERFORMANCE CONTRACT BTW WANG FUCHENG & CO. Exhibit 4.13 YEAR 2001 PERFORMANCE CONTRACT WITH VICE PRESIDENT OF PETROCHINA COMPANY LIMITED Offeree: Name: WANG, Fucheng Offeror: Name: HUANG, Yan Term of the Contract: January 1, 2001 to December 31, 2001 Title: Vice President of PetroChina Title: President of PetroChina Company Company Limited ("PetroChina") Limited Date of Execution: January, 2001
INDICES KEY PERFORMANCE INDICES (KPI) WEIGHT MEASUREMENT TARGET ACTUAL PERFORMANCE ------- ------------------------------ ------ -------------- ------ ------------------ Profits Indices Rate of return of the invested capital 30% % 12.86 (ROIC) Net income of PetroChina (NI) 15% In million RMB 41,470 Free cash flow of PetroChina (FCF) 15% In million RMB 9,950 Operating Indices Rate of the capital market work plan as 15% % 100 accomplished Growth rate of technical innovation 15% % 2 contributions Operating Indices Rate of implementation of legal matter 10% % 100 work plans
Indices to Be Put under Control Quality safety and environmental Quality accidents Comprehensive protection involving performance extraordinarily expressed in marks serious loss = 0; to be reduced by 10 marks if exceeding accidents involving target of the index death < or = 0.05 put under control. persons/million man-hours; accidents involving economic loss exceeding RMB 5 million = 0; environmental pollution accidents involving economic loss exceeding RMB 400,000 = 0.
Signature of Offeree: s/Wang Fucheng Signature of Offeror: s/Huang Yan ------------- -----------