After the Exchange and reunification, the two sides agree to sign this contract according to the following terms: Article 1: the content of the contract -A Party agreed to introduce a program of Vietnamworks on liquid crystal display system (LCD) of the Side B with the following agreement: location: LCD system in Office buildings (see list attached). advertising time: 2 weeks, from December 13, 2013 to July 24, 2013 advertising frequency: 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 of a relevant ad. Article 2: contract value-Total contract value: 170,016 USD (In words: one hundred seventy million sixteen thousand)-Costs included the cost of advertising, tracking, security, maintenance, and 10% VAT.-Ad fee details are shown in the Appendix attached.Article 4: payment-Party A Party B for payment by transfer. -Party A payment in money Vietnam.-The time limit for payment: Round 1: party A Party B for payment of 50% of the value of the contract within 15 days from the date the two sides signed a contract and the B Side to 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 is responsible for providing to the A valid financial bills related to the account, the value of contracts received. -In case of late payment A Party agreed in the contract, party A shall pay interest on the amount paid in interest rates slowly past due debt of the Bank for foreign trade of Vietnam at the time the payment corresponds to the slow time charged. Article 4: the rights and obligations of party A-Have a responsibility to provide information to the advertising Side B before playing for at least 10 days and completely responsible for the content of ads with relevant authorities.-Is obliged to keep secret about advertising rates and information related to the B-Party LCD System.-Is obliged to pay a fee of ads for Side B on time.-Be Side B promptly notify when there is any change in the content or the ad schedule, and the changes are only made when there is A Party's approval.Article 5: obligations of Party B Article 5: Responsibility of Party B -Provides complete information related to the system of Party B for party A LCD. Shall be responsible to supply information sufficiently of LCD Network of Party B for Party A.-Ensure the correct program broadcast content, the requirements as specified in this contract and in other related documents. Undertakes to broadcast advertising appropriate to contents, requests as stipulated in this contract and otherwise related document. -Have a responsibility to 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 is not the fault of the party B, party B will compensate the time suspended play at the venue being the problem. 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 the case of A Party go check and discovered the party B doesn't advertise in the agreed places according to article 1 of this agreement, then the party B will play make up for party A more 1 week on the whole system of commercial office buildings.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 not done advertisments on time agreed in the contract, the party B will compensate the ad plays to double the amount of time 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 time for Party lacked A.-Have a responsibility to make acceptance report shows A party ad by TNS. TNS Media companies in Vietnam is the third unit operates independently, responsible for overseeing the advertising programs on the system's LCD Chicilon and provides reports, certified broadcast the location is random testing for clients advertising on LCD system of Chicilon. (This is the plus service, does not charge customers)Be responsible to report after advertising program for Party A (with the monitoring report of TNS Media, Vietnam).Article 6: contract term-This contract is effective from 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.Article 7: adjust and dispute resolutionArticle 7: Governing and Dispute Resolution-During the process of cooperation, the two sides have the responsibility to work closely together, to solve the problems that arise quickly and goodwill.During the period of cooperation, both Parties are liable to tightly coordinate in solving certain problems promptly in goodwill.-If the dispute occurred in the process of implementing the agreement, the parties will actively negotiate negotiation in the 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. Loser event 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 this 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 making true all the terms of this agreement. -The two sides committed to absolute confidentiality of all information obtained in the course of performing this contract. -In the case of any provision in this agreement is invalid or unenforceable, the other terms of the contract remain in force for the enforcement side.-The contract was established 4 (four) copies have equal value, each side hold the 2 (two) copies, in force from the date of signing. In case there are differences between Vietnamese and English, then this agreement will apply according to the Vietnamese.Representative of party AFor and on behalf of Party A Representation BFor and on behalf of Party B THE DIRECTOR GENERAL OF
đang được dịch, vui lòng đợi..