Service Contract
Exhibit 10.14
 | XIAMEN C&D HITEK CO.,LTD. | |
| [bilingual text] |
Service Contract
| Contract No.: VB200814E-1 | |
| Signed at Siming District, Xiamen City | |
| Signed on September 01, 2020 |
Party A: XIAMEN C&D HITEK CO., LTD.
Address: 18/F, C & D International Building, No. 1699, Huandao East Road, Siming District, Xiamen
Party B: Fuzhou Yukai Trading Co., Ltd.
Contact receiving address: Xxxx 000, Xxxxx Xxxxxxxx, Xx. 000, Dongjie Sub-district, Gulou District, Fuzhou
Contact person: Ni Liping Tel.: E-mail:
Account Name: Fuzhou Yukai Trading Co., Ltd.
Bank of Deposit: Business Department of Head Office of Industrial Bank
Account No.:
This account serves as the only receiving account. If Party B changes this account, it shall send a written notice affixed with its official seal to Party A
End user: Mengchao Hepatobiliary Hospital of Fujian Medical University
In order to clarify the rights and obligations of both parties, based on the principles of equality, mutual benefit and voluntary consensus, according to the Contract Law of the People's Republic of China, both parties have concluded this contract through friendly negotiation on the specific matters relating to the purchase and sales of products.
1. Names, Models, Quantity and Amount of Products
Currency: CNY
| Package No. |
Item No. |
Item Code |
Item Name | Product Name |
Quantity | Unit of Measurement |
Type
of Place of Origin |
Unit Price |
Amount | Brand | Model, Specifications, etc. |
Product Nature |
| 1 | 1-1 | C0505 | Medical Equipment Repair & Maintenance Services | Technical Services | 1 | Year | Domestic | ¥7,470,000.00 | ¥7,470,000.00 | / | / | None |
| Total: | ¥7,470,000.00 | |||||||||||
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| XIAMEN C&D HITEK CO., LTD. | Page 2 |
II. Service Content
The content, location, method, term, acceptance standard and method and objection raising period of the service shall be subject to the Fuzhou Municipal Government Procurement Contract signed based on the bidding results of the three-party maintenance project among Party A, Party B and the end user (refer to Appendix I). If Party A is pursued by the end user because of Party B's failure to perform the contract, Party B shall be liable to Party A.
III. Place, Mode and Term of Service
1. Service term: 1 years counted from September 4, 2020 to September 3, 2021.
2. Place of service: Mengchao Hepatobiliary Hospital of Fujian Medical University .
IV. Settlement Method and Term
| Payment Stage |
Amount Paid (yuan) | Note to Payment Stage |
| 1 | 5,200,000 | Pay within the first month after signing of the contract |
| 2 | 1,500,000 | Pay in the early third quarter after signing of the contract |
| 3 | 770,000 | Pay based on the assessment result after the assessment made at the end |
VI. Liability for Breach of Contract
1. Where either party breaches this contract, in addition to bearing the liability for breach of contract, it shall also bear all costs incurred by the observant party for realization of its creditor's rights, including but not limited to lawyer fee, litigation cost, traveling expense and correspondence charge.
2. From the date when the breaching party violates the provisions and statutory obligations under this contract, any money payable by the breaching party shall be paid in the following order: (1) all costs incurred by the observant party for realization of its creditor's rights; (2) interest or liquidated damages, damages; (3) principal of service costs.
VII. Settlement of Contract Disputes:
In case any dispute arises from the performance of this contract, it shall be settled by both parties through negotiation. If the negotiation fails, both parties agree that it shall be subject to the litigation with the People's Court of the place where this contract is signed.
VIII. Other Arrangements
1. Party B shall guarantee that the products provided by itself do not infringe the intellectual property right of others, otherwise it shall undertake all economic and legal liabilities resulting therefrom.
2. Party B shall concurrently perform in accordance with the contents and terms of the contract signed between Party A and the end user.
3. The total contract price is a lump-sum price for the project, which shall not be changed due to rising raw material cost or other factors during the performance of the contract. Any fax copy of the contract shall be deemed as an original, both of which shall have an equal effect.
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| XIAMEN C&D HITEK CO., LTD. | Page 3 |
4. This contract is made in two copies, one for each party, and shall take effect upon its signing. Where any matters not covered need to be supplemented or modified, they shall be put forward in writing and come into force after being signed and sealed by both parties.
| Party A: XIAMEN C&D HITEK CO., LTD. | Party B: Fuzhou Yukai Trading Co., Ltd. |
| Legal / authorized representative: (signature) | Legal / authorized representative: (signature) |
Contact Number:
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Contact Number:
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