Service Agreement
This Agreement is made on December 1 2019 and effective for the period from Dec.l ,2019 to May. 31, 2020 between:
Party A: Vivic Corp., located at 000 X. Xxxx Xxxxxxx Xxxx, XXX#X000 Xxx Xxxxx, XX. 00000, and Party B: GO RIGHT HOLDINGS LIMITED
Vistra Corporate Services Centre, Xxxx 00, 0xx Xxxxx, Xxxx Xxxxx, Xxxx Xxxxxx, Xxxx, Xxxxxxxx of Seychelles
Service Rendered
Party B renders the following services to Party A:-
" ShenWei marina in china planning and strategy layout.
" Xxxxx Xx Xxxxxx in china planning and strategy layout.
" China Yacht club marketing research and oral presentation.
" Electrical yacht design rendering.
Service Fee
The service fee is total USD $300,000 . the payment schedule as follows
Dec. 5 . 2019 $100,000 due day Dec, 10, 2019 service period Dec.l ,2019- Dec31, 2019
Mar. 5 2020 $100,000 due day Mar. 10, 2020 service period Xxxxx, 2020- Feb29.,2020
May.5 2020 $100,000 due day May.10, 2020 service period Mar.l, 2020- May.31, 2020
If Any payment past due , the payment can be accepted to converted into common shares at the unit price of US$O.25
Termination of Agreement
Termination of this agreement can be made by giving 30 calendar days written notice to each other or otherwise agreed by both parties.
Others
This agreement is made under the law of Taiwan or otherwise agreed by both parties.
Party A:
For and on behalf of
Vivic COrp•PDFÄGbehalf of
VIVIC ORP RATION
Xxx Xxxxx Kung | vre(s) CEO |
Party B:
For and on behalf of
Go right Holding Limited
Lin Xxx Xxxxx CEO