1. The subject of the contract is to take out a long-term loan in the amount of PLN 4,030,000 (in words: four million thirty thousand zlotys 00/100).

2. The funds obtained from the loan are allocated to: repayment of loans in the amount of PLN 1,011,186.13 and financing of the planned budget deficit in the amount of PLN 3,018,813.87, i.e. in accordance with Resolution No. 0007.84.2022 of the City Council in Czarne of December 30, 2022 on taking a long-term loan up to the amount of PLN 8,130,000 (in words: eight million one hundred thirty thousand zlotys 00/100), including repayment of loans in the amount of PLN 3,050,903 and financing of the planned budget deficit in the amount of PLN 5,079,097.

3. Loan period: from signing the loan agreement until December 15, 2034.

4. The credit will be launched in amounts and dates to be determined in the form of a written payment application made before each launch of the tranche electronically with a minimum of one day in advance, and the funds should be transferred on the following day after receipt of the request electronic.

5. The start-up of the credit will be without cash transfer to the bank account of the municipal budget: BS Człuchów o/Czarne 77 9326 0006 0040 0116 2000 0100.

6. The grace period for repayment of capital will cover the time from the date of payment until 14/01/2024.

7. 0% commission for early repayment of the loan.

8. In the event of failure to meet the expenses planned for 2023, the Ordering Party reserves the right to reduce the loan amount.

9. Loan servicing costs:

1) the interest rate on the loan will be variable, based on the WIBOR 1M rate, updated monthly, preceding the month of loan repayment and a fixed bank's margin during the term of the agreement, which will be determined with accuracy to two decimal places. The Contractor is obliged to include the costs associated with maintaining the credit account and all fees related to servicing the loan in such a way as to calculate and present a single percentage rate, the amount of which is binding throughout the loan period, therefore the bank will not additionally charge costs and fees for m.in preparation commission throughout the term of the contract, commission for drawing up annexes, commission for early repayment, commission on unused loan amount and the like in the PPL mode.

2) commission – calculated as a % of the entire loan amount, i.e. PLN 4,030,000. The commission must include all fees that are related to the release of the loan – payable by the Contracting Authority to the Contractor's bank account within 15 days from the first release of funds.

10. For the accounting year, 365 days are taken and 366 days in the case of a leap year.

11. The Contracting Authority reserves the right to repay all or part of the credit early without incurring additional costs or fees.

12. Only the costs listed in paragraph 9 shall be deemed binding in the credit agreement.

13. Interest will be repaid on a monthly basis by the 15th day of each month for the previous month from the date of starting the loan until 30 December 2034. The last installment of interest will be payable by December 30, 2034. Interest on the loan will be charged only on the amount of the current actual debt and payable monthly.

14. The repayment of capital will be made in monthly installments until the 15th day of each month:

Number of years of repayment Year Number of months of repayment of principal installments Monthly amounts of principal instalments Annual repayment of principal instalments Cumulative amounts of principal instalments

1. 2024. 12 500,00 6 000,00 6 000,00

2. 2025. 12 4 700,00 56 400,00 62 400,00

3. 2026. 12 1 400,00 16 800,00 79 200,00

4. 2027. 12 2 000,00 24 000,00 103 200,00

5. 2028. 12 2 800,00 33 600,00 136 800,00

6. 2029. 12 2 800,00 33 600,00 170 400,00

7. 2030. 12 5 000,00 60 000,00 230 400,00

8. 2031. 12 14 000,00 168 000,00 398 400,00

9. 2032. 12 85 000,00 1 020 000,00 1 418 400,00

10. 2033. 12 169 300,00 2 031 600,00 3 450 000,00

11. 2034. 4 145 000,00 580 000,00 4 030 000,00

Total 4,030,000.00

15. The loan will be secured by a blank promissory note with a promissory note declaration.

16. The Contracting Authority informs that the Treasurer of the Municipality will countersign the loan agreement, the bill of exchange declaration and the blank promissory note.

17. In addition, the Ordering Party informs that it does not provide for the signing of a declaration of surrender of execution with the Treasurer's countersign.

18. The Ordering Party declares that it has no arrears with the Tax Office and the Social Insurance Institution.

19. The margin proposed in the tender offer will remain unchanged throughout the duration of the loan agreement.

In view of lack of space, other records of the description of the subject of the order can be found in SWZ available at: https://portal.smartpzp.pl/czarne.