
Article 1 
The measure which France has implemented for the Institut Français du Pétrole (IFP) and its subsidiary Beicip-Franlab does not constitute aid within the meaning of Article 87(1) of the Treaty.
Article 2 

1. The measure which France has implemented for IFP and its subsidiaries Axens and Prosernat constitutes aid within the meaning of Article 87(1) of the Treaty.
2. The aid is compatible with the common market within the meaning of Article 87(3)(c) of the Treaty subject to the conditions laid down in Articles 3 to 6 of this Decision.
Article 3 

1. This Decision shall be valid until the end of the exclusive agreements in force on the date of this Decision between IFP and its subsidiaries Axens and Prosernat (hereinafter called ‘the exclusive agreements’).
2. Any prolongation or amendment of the exclusive agreements must be notified to the Commission.
Article 4 

1. IFP shall organise and publish its accounts in such a way as to distinguish clearly between its economic and its non-economic activities.
2. Until the date of expiry of the exclusive agreements, France shall submit to the Commission an annual financial report in order that the latter might verify the amount of public funds allocated to IFP’s activities in the exclusive fields of activity of Axens and Prosernat.
Article 5 

1. Until the date of expiry of the exclusive agreements, France shall submit to the Commission a detailed annual report on the projects carried out by IFP in the exclusive fields of activity of Axens and Prosernat, specifying, by project, the costs by research stage, the amount of public funds allocated and the incentive effect of the aid.
2. France shall notify individually to the Commission any aid of an amount in excess of the thresholds laid down in the 2006 Community framework for State aid for research and development and innovation.
Article 6 
The exclusive agreements shall be amended so as to provide for payment by Axens and Prosernat of a minimum remuneration to IFP, covering at least 25 % of the costs of feasibility studies preparatory to industrial research work, 50 % of the costs of industrial research and 75 % of the costs of precompetitive development by IFP in the fields covered by the exclusive agreements.
Article 7 
France shall inform the Commission within two months from the date of notification of this Decision of the measures it has taken to comply herewith.
Article 8 
This Decision is addressed to the French Republic.
Done at Brussels, 16 July 2008.
For the Commission
Neelie KROES
Member of the Commission