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SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
MINUTES OF AGREEMENT
Today, October 6, 2016, our two parties:
Party A (INVESTORS): TEMPLE NED
representative : Venerable Thich NHUT VAN - Position: Abbot
address: hamlet 2, Thanh Huu commune, Duc Hoa district, Long An province
ID No:
PARTY (PARTY COOPERATION):
representative: .................. ........................... - Position: ............... ..
address: ................................................................................. ....
Passport number:
after discussion, we compromise cooperation with the following conditions:
- after discussion, Party B agrees to exploitation and connect the investor and the United Nations funds. Party B agrees to work for Party A loan of 9 billion Vietnam dong (equivalent to US $ 450 thousand) to costs (collectively, the transaction fee) to source $ 1.5 billion loan
signed Minutes After this agreement, the two sides carried out the following conditions:
- party B to party funds prove cost to UN inspection.
- after the test, the United Nations will sign a contract with the lending party.
- Party A contract of general construction contractors to Party B. Tan Long Pagoda
- Party B agrees to pay 5% of the total estimated cost money to Party A.
- After signing a contract for the construction, the UN will open a 100% guarantee to Party A.
- when the United Nations 10%, Party B should be responsible for payment to Party A 5% disbursed in installments.
- the amount of 9 billion when Party B loan signing general contractor contract Party A will be paid and taken into account to guarantee performance of the contract, the agreement amounts to the end of the project.
- the B commitments after signing this Memorandum of agreement, Party B perform the connection and provides a funding source for the project on Long Tan Temple is 60 days.
- the A commitment to provide documents related papers and signed the contract enabling convenient to Party B does a good job.
- After 60 days, the money is not on the project Long Tan Temple, this implicitly minutes expire.
Both parties we agree this Memorandum of agreement signed on October 6 at 11 years 2016.
this Memorandum was signed to do 02 (two) copies, each party retaining 01 (a) copies of the same legal value, the work is based on the date of signing this written record.
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