Con tract for Equipme nt Sales and Tech no logy

Lice nsing

Con tract No. _______________

This Con tract (here in after referred to as the “ Con tract ” ) is made and

en tered into as of _________________ (the date of sig nature ) in ____________________ (the place of sig nature) through frie ndly n egotiati on by and betwee n _______________ a compa ny in corporated and exist ing un der the laws of _______________ with its registered address at ________________ , and with its prin cipal place of bus in ess

at________________ (here in after referred to as the “ Buyer ” ), and ____________ a company incorporated and existing under the laws of the People's Republic of Chi na with its registered address at _______________ , and with its prin cipal

place of bus in ess at _________________ (here in after referred to as the

________________________________________ “ Seller ” ).

Whereas, the Buyer desires to en gage the Seller to provide the Equipme nt, related desig n. Tech ni cal Docume ntatio n. Tech ni cal Service and Tech ni cal Trai ning and to obta in from the Seller a lice nse of Pate nt an d/or Kno w-how in relation to the Erection. Test Run, Commissioning, Performanee Test , operation and maintenance for the Equipme nt, as well as manu facture of the Con tract Products. Now it is hereby mutually agreed as follows:

Article 1 Defini tio ns

1.1 “Acceptanee ” means the Buyer accepted the Equipment in accordanee with Article 11.5.

1.2 “ Commissioning ” means the operation of the Equipment in accordanee with Article 11.4 for the purpose of carry ing out Performa nee Test.

1.3 “ Contract ” means this Con tract sig ned by and betwee n the Buyer and the Seller, including Appendices attached which shall form an integral part of

this Con tract.

1.4 “ Con tract Products ” refers to all types of the products manu factured with Pate nt an d/or Kno w-how un der the Con tract, details of which are specified in Appe ndix 1.

1.5 “ Destination Airport ” refers to _________________ Airport.

1.6 “ Effective Date of the Con tract ” mea ns the date whe n the Con tract en ters into force upon fulfillment of all the conditions stated in Article 18.1.

1.7 “ Equipment” means the equipment, machinery, instruments, spare parts and materials supplied by the Seller as listed in Appe ndix 3.

1.8 “ Erecti on ” means plac ing the Equipme nt to the positi ons accordi ng to the desig n draw in gs, and connecting it with releva nt equipme nt and utilities.

1.9 “ Improvement” refers to new findings and/or modifications made in the validity period of the Con tract by either party on Pate nt an d/or Kno w-how in the form of new desig ns, formulas, recipes, in gredie nts, in dices, parameters, calculati ons, or any other in dicators.

1.10 “Job Site ” means the site where the Equipment shall be located a nd/or erected, namely ________________ .

1.11 “ Know hoW refers to any valuable tech ni cal kno wledge, data, in dices, draw in gs, desig ns and other tech ni cal in formati on, concerning the Erect ion,

Test Run, Commissioning, Performanee Test , operation and maintenance for the Equipme nt as well as manu facture of the Con tract Products, developed and owned or legally acquired and possessed by the Seller and disclosed to the Buyer by the Seller,