EXHIBIT 10.05
Appendix 2
SALES & PURCHASE AGREEMENT
(English Translation)
RENG BANG INFORMATION CO., LTD is called "A" company as below:
ACENET INTERNATIONAL CO., LTD is called "B" company as below:
Both of agree the rules in this contract as follow:
1. This Agreement mainly for commerce of "A" and "B" company.
2. All Community Network Service belong to "A" company are transfer to "B"
company, and magnify its business market.
3. Both of "A" and "B" company agree that "B" company will invest
NT$40,000,000 to buy all equipments with e-Building. Community Service
right and others skills of the Business Management from "A" company.
4. The total price of Commerce is NT$40,000,000.
4.1 "A" company should transfer all rights of community as follows to
"B" company on June 30, 2001, and "B" need to disburse
NT$20,000,000 as Rule 5 in this contract, it include as follow:
* All equipments of the generator room in 75 Community with contract of "A"
company. The list is as attach (without Wireless equipments).
* There set tools box of North, Middle and South area.
* Total 1963 Community Information.
* All system and working model for Customer Service Center.
* All working model for 0800 phone system.
4.2 "A" company should transfer all rights of community as follows
to "B" company on Dec, 31, 2001, and "B" company need to
disburse NT$20,000,000 as Rule 5 in this contract, it include as
follow:
* All equipments of the generator room in 75 Community with contract of
"A", The list is as attach (without Wireless equipments).
* All information and business right of 150 contract community.
* All working system in construction.
* There set tools box of North, Middle and South area.
* All marketing proposals with e-building.
* All bonus system of sales and customer charge criterion.
5. Type of Payment
5.1 "A" company should notify to "B" company on June 30, 2001 and
December 31, 2001 with Paper and "B" company have their offers to
check and accept. For this reason, "B" company have to check and
accept in 30 days after it got the notification from "A" company.
If "B" company have no check in these time, then means it was
check OK, and "A" company need to correct it and notify "B"
company in 15 days if it was not check OK.
5.2 "B" company need to pay in full in 60 days after it check and
accept and need to notify "A" company immediately with any
dispute or "A" company could dissolution of contract with any
responsibility in Law.
6. If any rule need be changed in the contract that must be agreed by both of
"A" and "B" company.
7. The Contract attach 1. The list of community equipments 2. The name of 150
communities which are contracted 3. The name for 1963 communities.
8. This contract with a duplicate copy for "A" and "B" company.
This Agreement is make on the 30th June, 2001.
"A" COMPANY: RENG BANG INFORMATION CO., LTD
C.E.O. LI-LUNG, CHEN
ADD: 000 0XX XXXXX-0 XX. 0, XXXX 00, XXXXXXX
XX, XXXXXXX XXXX, XXXXXX, R.O.C.
NO. 23788629
"B" COMPANY: ACENET INFORMATION CO., LTD
C.E.O. YI-JIA, CHANG
ADD: 000 0XX XXXXX-0 XX. 0, XXXX 00, XXXXXXX
XX, XXXXXXX XXXX, XXXXXX, R.O.C.
NO. 23788629
