Sales Contract
Exhibit 10.2
This Sales contract (the “Contract”) is enter into by and between
Asia News Network Co., Ltd. (the “Seller”) and
UAN Power Co., Ltd (the “Purchaser”). Contact information is listed in par. 7 of this Contract.
WHEREAS, the Seller intends to sell the properties under the “Premises” (defined herein below) and the Purchaser agrees to purchase the property in accordance and under the terms and conditions set forth herein. NOW,THEREFORE, the parties hereby agree as follows:
I. The target detail
| 1. | Name: Software and hardware in Xx.0, Xxx. 0, Xx. 000, Xxx. 0, Xxxxxx Xx., Xxxxx Xxxxxxxx, Xxxxxxx Xxxxxx 000, Xxxxxx (R.O.C.) (appendix 1) |
| 2. | Payment term: deposit 50%, handed over 50% |
| 3. | Delivery way: after the deposit has received, the Seller will start transferring all the facilities. After all the facility has been fully transfer the handed over will be paid within two days. |
| 4. | Handover day: one month after the deposit has been paid. |
| 5. | Handed-over location: Xx.0, Xxx. 0, Xx. 000, Xxx. 0, Xxxxxx Xx., Xxxxx Xxxxxxxx, Xxxxxxx Xxxxxx 000, Xxxxxx (R.O.C.) |
| 6. | Total cost: USD 100,000 (Tax included) |
II. Obligations and rights
- Obligations
The Seller has the obligation of transfer all the trading items as the Contract standard. The Purchaser also has the obligation of not to change any part in the Contract unless the agreement is provided.
- Rights
During/after the transfer, if there is any damage caused by Seller the Purchaser has the right to ask for indemnification.
III. Violates denounced
Both parties hereby agree that any disputes arising out of this Contract shall be brought to before the Taoyuan District Court of Taiwan.
IV. Notification disclosure
Both fiduciary and consignor needed to be aware that all the contact information is listed in below. If there are any changes, the paper notice will be needed. However if the notify mail has been return cause by the error contact information, then it shall be presume as received.
V. Governing Law and Litigation
This Contract shall be governed by the laws of ROC. and both parties hereby agree that any disputes arising out of this Contract shall be brought to before the Taoyuan District Court of Taiwan for the fist instance.
VI. Agreement preservation
This agreement will be written into two copies. Both parties will have one copy as prove.
Seller and Purchaser’s detail
(Purchaser name): UAN Power Co., Ltd.
(Representative Name): Xxxxxx, Xxxxx Xxx Xxxxx /s/ Xxxxxx, Xxxxx Xxx Xxxxx
(Tax No.):
(Address):
(Phone):
(Seller name): Asia News Network Co., Ltd.
(Representative Name): [Seal]
(Tax No.):
(Address):
(Phone):
2011 9 8
