Annual Work Plans (Section I.B.1 of the Schedule to the Project Agreement)The Project Implementing Entity shall, and shall causeFuzhou to: (a) prepare and furnish to the Bank by December 31 in each year, beginning in 2020, a draft Annual Work Plan for reviewand comment, summarizing the implementation progress of the Project for the said year and the Project activities to be undertakenin the following calendar year, including the proposed annual budget for the Project; (b) taking into account the Bank's comments,finalize and furnish to the Bank no later than January 31 in each year, beginning in 2021, the Annual Work Plan, satisfactory tothe Bank; and (c) thereafter ensure the implementation of the Project during the following calendar year in accordance with theAnnual Work Plan agreed with the Bank and in a manner satisfactory to the Bank. The Project Implementing Entity shall, and shallcause Fuzhou to, not amend, suspend, abrogate, or waive said Annual Work Plans or any provision thereof without the prior writtenagreement of the Bank.

Dam Safety (Section I.C.8 of the Schedule to the Project Agreement)The Project Implementing Entity shall, and shall cause Fuzhouto: (a) maintain throughout Project implementation, one dam safety expert for the Project having experience and qualifications inthe relevant technical fields, acceptable to the Bank, and under terms of reference, including a time-table and adequate budget forits activities, acceptable to the Bank, to, inter alia: (i) inspect and evaluate the status of the Project Reservoirs, theirappurtenances, and its performance history; (ii) review and evaluate operation and maintenance procedures of the Projectreservoirs; (iii) provide a written report to the Project Implementing Entity, and the Bank of findings and recommendations for anyremedial work or safety measures necessary to upgrade the Project Reservoirs to an acceptable standard of safety; and (iv) monitorthe implementation of any remedial work or safety measures; (b) provide all support and cooperation to the dam safety expertreferred to in subparagraph 8 (a) above, necessary to carry out the functions set forth in said expert's terms of reference; and(c) furnish to the Bank by March 31 of each calendar year, beginning in 2021, the report referred in sub-paragraph 8 (a) above,including an action plan to address the findings and recommendations thereof.

Financing Arrangements (Section I.D of the Schedule to the Project Agreement)The Project Implementing Entity shall make availablea part of the proceeds of the Loan to Fuzhou, under terms and conditions satisfactory to the Bank.

Implementation Agreement (Section I.A.2 of the Schedule to the Project Agreement)The Project Implementing Entity, through Fuzhou,shall, by no later than November 30, 2020, enter into an agreement (the “Implementation Agreement”) with the FNIZ Development &Investment Group, under terms and conditions acceptable to the Bank, which shall include those set forth in the Annex to thisSchedule.

Institutional Arrangements (Section I.A.1 of the Schedule to the Project Agreement)The Project Implementing Entity shall maintain,and cause to be maintained, the following entities with composition, powers, functions, staffing, facilities and other resourcessatisfactory to the Bank: (a) At the provincial level: (i) the Provincial Project Leading Group responsible for providing overallpolicy, financial, and institutional guidance on Project implementation and facilitating coordination among different implementingagencies within its jurisdiction; and (ii) the Provincial Project Management Office responsible for implementation, coordination,reporting, management, and monitoring and evaluation of the activities under Part 1 of the Project, including the preparation ofthe Project annual work plans and semi-annual progress and financial reports for submission to the Borrower and the Bank.(b) Atthe FNIZ level: (i) the Fuzhou Project Leading Group, responsible for providing overall policy, financial and institutionalguidance on Project implementation and facilitating coordination among different implementing agencies within its jurisdiction; and(ii) the Fuzhou Project Management Office, responsible for implementation, coordination, reporting, management, and monitoring andevaluation of the activities under Parts 2, 3 and 4 of the Project at the municipal level, including coordinating day-to-dayactivities with the Provincial Project Management Office and other agencies, monitoring Project implementation within itsjurisdiction and preparing Project annual work plans and semi-annual progress and financial reports for submission to the Borrowerand the Bank.

Mid-term review (Section II.2 of the Schedule to the Project Agreement)The Project Implementing Entity shall prepare, under termsof reference satisfactory to the Bank, and furnish to the Bank no later than June 30, 2024, a consolidated mid-term review reportfor the Project, summarizing the results of the monitoring and evaluation activities carried out from the inception of the Project,and setting out the measures recommended to ensure the efficient completion of the Project and to further the objectives thereof.

Project Operations Manual (Section I.B.2 of the Schedule to the Project Agreement)Throughout the implementation of the Project,the Project Implementing Entity, shall and shall cause Fuzhou to apply, the Project Operations Manual in a timely and efficientmanner satisfactory to the Bank.

Safeguards (Section I.C.1-7 of the Schedule to the Project Agreement)The Project Implementing Entity shall, and shall cause Fuzhouto:(1) (a) take all necessary actions to minimize to the extent possible any involuntary loss by persons of shelter, productiveassets or access to productive assets or income or means of livelihood, temporarily or permanently, and the displacement of saidpeople in the carrying out of the Project or any part thereof; (b) where the acquisition of land or assets or the displacement ofpeople is unavoidable, before initiating the implementation of any works which would result in such acquisition or displacement,make available to such people compensation and, as applicable, relocate and rehabilitate the Displaced Persons in accordance withthe RAP and in a manner satisfactory to the Bank;(2) implement, the Safeguards Instruments in a manner and substance satisfactoryto the Bank;(3) ensure that each contract for works financed under the Project includes the obligations of the work contractorsand any sub-contractor to comply with the relevant provisions of the Safeguards Instruments, as the case may be;(4) all studiesand technical assistance to be supported under the Project are carried out under terms of reference satisfactory to the Bank, andthat such terms of reference are consistent with, and pay due attention to, the Bank's Safeguards Policies;(5) maintain, and shallcause Fuzhou to maintain, policies and procedures adequate to enable them to monitor and evaluate, in accordance with guidelinesacceptable to the Bank, the implementation of the Safeguards Instruments;(6) take, all measures necessary on their part toregularly collect, compile, and submit to the Bank, as part of the Project Reports, and promptly in a separate report whenever thecircumstances warrant, information on the status of compliance with the Safeguards Instruments.