OFFICIAL
DOCUMENTS
Amendment No. 3 to the Administration Agreement between the European Union, represented by the
European Commission and the International Bank for Reconstruction and Development and the
International Development Association regarding the Competitive Industries and
Innovation Program Multi-Donor Trust Fund (No. TFO 71975)
1.     Reference is made to the Administration Agreement between the European Union, represented by
the European Commission (the "Donor") and the International Bank for Reconstruction and Development
and the International Development Association (collectively, the "Bank" and together with the Donor, the
"Parties" regarding the Competitive Industries and Innovation Program Multi-Donor Trust Fund
No. TF071975 (the "Trust Fund") effective as of April 20, 2013, as may have been amended (the
"Administration Agreement".
2.     The Parties agree to amend the Administration Agreement as follows:
(a) Section 2.03 under Article 2 of the Administration Agreement is amended to read as follows:
"Section 2.03. It is expected that an amount of the trust fund equal to the Contribution
will be fully utilized in accordance with the provisions of this Administration Agreement
by September 30, 2020 ("End Disbursement Date"). The End Disbursement Date can only
be modified with the agreement of both Parties pursuant to Article 9 of the General
Conditions."
(b) Section 6.1 of Annex 3 to the Administration Agreement is amended to read as follows:
"6.1  It is expected that the funds deposited in the Trust Fund will be fully disbursed by
the Bank by September 30, 2020 (the "End Disbursement Date"). The Bank shall only
disburse funds deposited in the Trust Fund for the purposes of this Administration
Agreement (other than returns to Donors) after such date to the extent such date is changed
in accordance with amendments made to the Administration Agreements of all the Donors.
Following the End Disbursement Date, the Bank shall return any remaining balance of the
Trust Fund to each Donor in the Holding Currency in the manner specified in its respective
Administration Agreement on a pro rata basis with regard to the total funds deposited in
the Trust Fund by such Donor relative to the total funds deposited in the Trust Fund by all
Donors, all calculated as Holding Currency amounts."
3.     All other terms of the Administration Agreement shall remain the same.


4.     Each of the Parties represents, by confirming its agreement below, that it is authorized to enter into
this Amendment and act in accordance with these terms and conditions. The Parties are requested to sign
and date this Amendment, and upon possession by the Bank of this fully signed Amendment, this
Amendment shall become effective as of the date of the last signature.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION
By:                                               Date:       //  /10/(
Ceyla Pazarbasioglu
Senior Director
Finance, Competitiveness and Innovation Global Practice
FOR THE EUROPEAN UNION, REPRESENTED BY THE
EUROPEAN COMMISSION
By:                                               Date:
Antti Karhunen
Head of Unit DEVCO C4
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