The content of the commitments: Article 1: Party A agrees to carry out the return of the land use rights for Hai Duong Province People's Committee, at the plot of BG955304, area 25.785m2 (Twenty five thousand, seven hundred and eighty years square meters) plot of 679 positions, cadastral map sheets 01, Hong Hung commune, Gia Loc district, Hai Duong province, Vietnam, to create conditions for Party B can receive the said plot of land from Hai Duong province People's Committee, and Party A agrees to transfer the property in the said plot of land for area B. the transfer pursuant to the Decision dated 14.09.2012 No. 2089 / QD-Committee obtained clearance land of Hai Duong province. Article 2: Prices and payment method - transfer price is: 560.000VND / m2 (Five hundred and sixty thousand VND / sqm) inclusive of VAT, and the costs state obligations that Vietnam stipulated. - the total amount transferred is: 14.439.600.000VND (Fourteen billion, four hundred and thirty-nine million, six hundred thousand. /.) - mode of payment by bank transfer party A's account was recorded in the number of commitments or other account of party A by party A specified. - the billing period: + stage 1: party B is responsible for party A deposit amount 1.000.000.000VND (One billion sure. /.) after signing this written record. The 1st deposit amount paid by the party on behalf of Party B. C + Phase 2: Party B shall pay Party A the 11.549.280.000VND (eleven billion, five hundred and forty nine million, two hundred eighty thousand. /.) for 10 days from the date of the BCO full legal status in Vietnam. + Series 3: Party B shall pay the remaining sum: 2.890.320.000VND (Two billion , eight hundred and ninety thousand, three hundred and twenty thousand ./.) after Party B receives the certificate of land use right. * after Party B has full legal status, Party B shall transfer Party A whole amount paid on behalf of Party C to Party B. Party A then shall transfer to Party C the whole amount paid on behalf of Party C to Party B in the implementation of the commitments agreed this. Article 3: Responsibilities of the parties Responsibilities of party A to party A perform the procedures for business registration to party B, licensing procedures to approve investment for party B and related procedures to state bodies competent for the approval of party A is subleasing the said plot. party A is responsible for implementing the decisions involving the transfer of assets attached to land, such as: Making records Board of directors meeting; Making the decision of the Chairman of the Board on the implementation of this commitment; The power of attorney representative transactions carried out in this commitment. Party A is responsible for renovating the path into plots according to the following structure: Resetting edit pavement, the pavement rock layers Base to ensure that media out to be favorable. Responsibilities of party B: party B may avoid liability payment to party A in accordance with the specified time.
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