After the Exchange and unification, the two sides agreed to sign this contract according to the following terms: Article 1: content of contract -Party A agrees to introduce the program of Vietnamworks on the liquid crystal display system (LCD) of the Side B with the following agreement: location: LCD system in Office buildings (see list attached). promotional period: 2 weeks, from May 13, 2013 to July 24/05/2013 How often ads: 60 times/days/LCD program length: 15 seconds market: Ho Chi Minh City and Hanoi. advertising content are mutually consistent and in accordance with the provisions of the law on advertising is relevant. Article 2: contract value-Total contract value: 170.016 USD (In words: one hundred seventy million sixteen thousand)-Costs include costs of advertising, tracking, security, maintenance, and 10% VAT.-Detailed ad fees are shown in the Appendix attached.Article 3: payment-Party A Party B for payment by transfer. -Party A payment in money Vietnam.-Payment term: Phase 1: party A Party B for payment of 50% of the value of the contract within 15 days of the two sides signed a contract and The B send a tax receipt is a valid value for A Party. Phase 2: party A Party B for payment of 50% of the value of the contract within 15 days of the two parties and Party B send a tax receipt is a valid value for A Party. -Party B shall provide to the Parties A valid financial bills related to the contract value amounts received. -In case of late payment A the Parties have agreed in the contract, party A shall pay interest on late payments interest paid in past due debt of the Bank for foreign trade of Vietnam at the time of payment that corresponds to the slow time charged. Article 4: rights and obligations of party A-Is responsible for providing the information for The B before playing for at least 10 days and is fully responsible for the content of advertisements with relevant authorities.-Is obliged to keep secret about advertising rates and information related to the LCD system of Side B.-Is obliged to charge advertisers for Side B on time agreed.-Be Side B promptly announce when there is any change in the content or the ad schedule, and the changes are only made when there is consent of Party a.Article 5: obligations of Party B Article 5: Responsibility of Party B -To provide all information related to the LCD system of Party B for party A. Shall be responsible to supply information sufficiently of LCD Network of Party B for Party A.-Ensure proper program according to playback the contents, requirements as set forth in this agreement and other relevant documents. Undertakes to broadcast advertising appropriate to contents, requests as stipulated in this contract and otherwise related document. -Shall ensure the hours turn-off of LCD advertising player points according to the agreement. The case of the LCD will not play due to a problem program not the fault of the Party B, party B will compensate the time suspended play at the venue being the issue. Be responsible to guarantee about on-off time of Transaction at locations releasing advertisement according to the agreement. In case Transaction fail to broadcast normally not caused by Party B, Party B shall make compensation for the interrupted broadcasting period in the interrupted location. -In case the party A check ride and discover The B no ads at locations agreed upon as article 1 of this agreement, the Parties will play A Party B for one more week on the commercial building system-wide Office.In case Party A checks and recognizes that Party B does not do advertising on the locations which agreed as Article 1 of this contract, Party B shall air one more week in whole in commercial buildings.-In the case of A Party has to fulfill all the terms of the contract which the Parties B non-performing ad plays on time agreed in the contract, party B shall indemnify ad plays twice the length of the program is missing for A party.In case Party A completed all articles of the contract but Party B did not broadcast the advertisement according to the period which was agreed in the contract, Party B will compensate double the lacked time for Party A.-Is responsible for performing acceptance report shows A party ad by TNS. Communications company TNS Vietnam is the third unit operates independently, responsible for overseeing the advertising programs on SATELLITE systems of Chicilon and provides reports, certified broadcast locations test for clients advertising on LCD system of Chicilon.(It is possible, does not charge customers)Be responsible to report after advertising program for Party A (with the monitoring report of TNS Media, Vietnam).Article 6: the contract term-This contract is in force since the date of signing and will be viewed as liquidation immediately after each completed his obligation according to the terms of the contract and the parties signed the minutes of trials ".Article 7: amendment and dispute resolutionArticle 7: Governing and Dispute Resolution-During the process of cooperation, the two parties shall work closely together, to solve the problems that arise quickly and in good faith.During the period of cooperation, both Parties are liable to tightly coordinate in solving certain problems promptly in goodwill.-If there is a dispute going on in the process of implementing the agreement, the parties will actively negotiate negotiation in a spirit of reconciliation. If not resolved by negotiation or mediation, the dispute shall be given economic court in Ho Chi Minh City to solve. The Court's ruling is final and binding on the parties to implement. Parties lose will bear court fees.In case event of dispute relating to this contract, both Parties shall attempt to resolve such dispute through friendly negotiation and conciliation. If the dispute can not be resolved through conciliation, such dispute shall be settled by Ho Chi Minh City Economic Court. The court award is final and enforceable to both parties. The lost party shall incur the court fees. Article 8: termination of the contract-The contract terminates when:• Contract expiry and the parties to complete its obligations stipulated in the contract; or• Under the agreement of the two parties.-In the event a party to unilaterally cancel the contract without good reason will be penalized the entire value of the contract, along with other damages due to the breach of this cause.Article 9: General provisions-Party A and party B is committed to implement all the terms of this agreement. -The two sides committed to absolute confidentiality of all information obtained in the course of implementing this agreement. -In the event that any provision of this agreement is deemed invalid or unenforceable, then the other terms of the contract remain in effect for the parties.-The contract was made in 4 (four) copies are worth the same, each side held 2 (two) copies, in force from the date of signing. In case there are differences between Vietnamese and English, then this agreement will apply in Vietnamese.Representative of party AFor and on behalf of Party A Representation BFor and on behalf of Party B GENERAL MANAGER
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