PURCHASE AGREEMENT
Pursuant to the Agreement of October 7, 1994, between the Government of the United States of America and the Republic of Kazakhstan in regard to the disposition of highly-enriched uranium located at the Ulbinsky Metallurgical Facility, the Government of the United States of America (hereinafter "purchaser") desires to purchase and the Government of the Republic of Kazakhstan (hereinafter "seller") desires to sell the material described herein. The purchaser and seller agree more particularly as follows:
ARTICLE I - AUTHORITY TO CONTRACT
This agreement is entered into under the authority of the Atomic Energy Act of 1954, as amended, and pursuant to the Implementing Agreement of October 7, 1994, between the Government of the United States and the Republic of Kazakhstan amending the SSD Umbrella Agreement of December 13, 1993, in regard to the disposition of highly-enriched uranium located at the Ulbinsky Metallurgical Facility.
ARTICLE II - DOCUMENT INCORPORATED BY REFERENCE
The joint summary statement regarding the disposition of highly-enriched uranium located at the Ulbinsky Metallurgical Facility, shall be given the same effect as any article contained in this agreement. The seller shall furnish all supplies and services enumerated in the joint summary statement. The purchaser is not obligated to purchase supplies and services in excess of its actual requirements. Payment for supplies and services by the purchaser shall be by separate arrangement.
ARTICLE III - DESCRIPTION OF MATERIAL
The purchaser hereby agrees to purchase and the seller agrees to sell the material identified as highly enriched uranium located at the Ulbinsky Metallurgical Facility in Ust-Kamenogorsk, and further identified as approximately
-187 kilograms of metal enriched to about 98 percent;
- 25 kilograms of uranium oxide;
- 170 kilograms of uranium-beryllium alloy fuel rods;
- 156 kilograms scraps of uranium-beryllium broken fuel rods and powders.
ARTICLE IV - PRICE OF MATERIAL
The seller and purchaser hereby agree that in consideration of a firm fixed price of three million dollars (dollars 3,000,000) U.S., the seller will provide the material as identified herein.
ARTICLE V - TERMS OF PAYMENT
Payment shall be made by United States Treasury Check drawn in the amount of three million dollars (dollars 3,000,000.00) U.S. upon transfer of all subject material to a storage site designated by the purchaser.
Payment shall be made to:
Ulbinsky Metallurgical Plant Production Association
City of Ust-Kamenogorsk, Eastern Kazakhstani Oblast
Republic of Kazakhstan
ARTICLE VI - PACKAGING, PACKING, AND MARKING FOR SHIPMENT
The repackaging, repacking and marking of the material specified in Article III shall be the responsibility of the purchaser.
ARTICLE VII - SUPERVISION OF INDIGENOUS WORKERS
