ARTICLE 8: MEASURES TO ENSURE IMPLEMENTATION AGREEMENT 1. If Party A to Party B late payment, the fine breach of contract by raising the interest rate of the State Bank of Vietnam from the payment due date. 2. If Party B contract implementation delays compared to the schedule specified in Article 3, Party B will be fined 0.1% of the contract value for each day of delay. The total fine not exceeding 8% of the total value of the contract. 3. If Party B violates the Labor Safety regulations of Party A, Party B will be penalized as follows: - Violation of labor protective equipment fined 100,000 VND / case - Violation of behavior, causing the wood in fine 500,000dong / service - fine for violating labor safety else: follow the instructions of the Executive Board proposed. 4. Party A has the right to suspend or refuse to perform the contract in the following cases: - Party B seriously violates the terms agreed in the contract. - Construction does not guarantee the quality specified in Article 2 and no repair fix. - No guarantee construction progress causing great damage to party A, causing serious insecurity of lives and equipment in the construction process and party B will bear the costs arising A party that suffered by other contractors hired to complete the work of the contract and the investor's fine for the A task due to the implementation of this contract caused. 5. Party B may cease to perform the contract in case of a bankrupt party, lose the ability to pay. Or suspend the contract when the A timely payments under the contract. 6. Rights and obligations under this Agreement neither party shall be transferred to any third party without the consent of the other party.
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