Agreement for Developing Environmental Protection and New Energy with School of Environmental & Biological Science & Technology in Dalian University of Technology, Environmental Group and Dalian RINO Environment Engineering Science and Technology Co., Ltd
Agreement
for Developing Environmental Protection and New Energy with School of
Environmental & Biological Science & Technology in Dalian University of
Technology, Environmental Group and Dalian RINO Environment Engineering Science
and Technology Co., Ltd
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Party
A:
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School
of Environmental & Biological Science & Technology in Dalian
University of Technology and Environmental Group (the
“DUT”)
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Party
B:
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Dalian
RINO Environment Engineering Science and Technology Co., Ltd (the
“company”)
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School of
Environmental & Biological Science & Technology in Dalian University of
Technology, Environmental Group and Dalian RINO Environment Engineering Science
and Technology Co., Ltd reach the agreement in good faith re. development for
Environmental Protection and New Energy with the cooperation of both party A and
party B through serious negotiation, as follows below:
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1.
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Introduction of the
Project
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(a)
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Project
Name
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(ⅰ)
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Usage
of Resource Distribution for Oily Sludge in
Oilfield
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(ⅰⅰ)
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Speedy
Drying
and Resource Distribution of Excess Sludge of Domestic
wastewater;
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(ⅰⅰⅰ)
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Combustible
Gas Obtained from Biomass
Aerification
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(b)
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Cooperation
Type
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Party A
provides technical support for the core of the project. Party B provides the
funds for the project development and the implementation. Both of the parties
share the responsibility and mutual benefit.
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(c)
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Share of the Project
Gains
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Party B
pays the amount of 5% of total contract value for this project.
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2.
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Mutual Responsibility
and Obligation
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(a)
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Responsibility and
Obligation for Party A
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(ⅰ)
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Party
A guarantees the scientificity and advance of the project, strong demands
of the market. Party A also provides guarantee the benefit for both
parties.
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(ⅰⅰ)
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During
the construction progress, party A will provide the project designing in
accordance with technical proposal of the project agreed by both parties.
Party A also guarantees that the technology of the project reaches the
standard.
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(ⅰⅰⅰ)
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Party
A is entitled to suggest, examine and supervise the project implemented by
party
B.
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(ⅳ)
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After
the operation of the project, party A is in charge of technical service
and support.
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(b)
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Responsibility and
Obligation for Party B
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(ⅰ)
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Market
Development for the Project
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(ⅰⅰ)
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To
acquire necessary official document or remarks, including but not limited
consents, approvals and authorization in regard to administration, law,
environmental protection and etc. that relate to the project
implementation.
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(ⅰⅰⅰ)
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Be
in charge of the construction scheme of the project and the implementation
which is carried out strictly in accordance to technical request and
proposal of party
A.
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(ⅳ)
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Party
B is obligated to keep confidential to the technology developed by party
A. It cannot be ceased with the termination of this
agreement.
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(ⅴ)
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Payment
by appointment.
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3.
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Miscellaneous
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(a)
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This
agreement is only the cooperation intention. After further negotiation re.
cooperation type, investment amount and etc., Formal Agreement of the
Project Cooperation will be signed.
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(b)
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Responsibilities,
rights and benefits will be stipulated completely in Agreement of the
Project Cooperation.
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(c)
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Both
parties shall ensure that the information provided is true, valid and
legal.
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(d)
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Should
there be any disputes, they are solved by
negotiation.
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Party
B:
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Signature
and Seal
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Signature
and Seal
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Date:
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Date:
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