COOPERATION AGREEMENT(영문법인설립계약서)
This Agreement, entered into on the 21s1 day of February, 1994 between 000. CONTROLS, INC, a corporation constituted in accordance with the laws of the State 설립주법, with principal office at 1820 N. Lincoln 57, Orange, California 92665(hereinafter called SAM) and ABC CO., Ltd.,a corporation constituted in accordance with the laws of the Republic of Korea, with principal office at , KyungkiDo, the Republic of Korea 435030(hereinafter called ABC) 미국의 경우는 초사무소가 설령 캘리포니아주에 있더라도 그 회사의 설립 근거법규는 다른 주(State)의 법에 근거하는 경우가 많음
WITNESSETH THAT :
Whereas SAM has specific expertise and experience in the design and manufacture of specialized equipments for the Naval Combat ship Market (as hereinafter specified)
;Whereas ABC has manufacturing and marketing expertise and experience for such equipments in the Republic of Korea ;Whereas, recognizing the need to cooperate positively with each other for the successful marketing of such equipments in the Republic of Korea and overseas, both the parties desire to enter into a cooperation agreement (or the engineering, designing, marketing, pricing preparation, manufacturing, servicing, warranties and other necessary cooperation of such equipments ;
NOW, THEREFORE, IT IS AGREED AS FOLLOWS:
Article 1. Exclusive Cooperation
11. This Agreement sets down an exclusive cooperation and business arrangement of such equipments in Article 2 in the Republic o( Korea.
12. This Agreement sets down a nonexclusive cooperation and business arrangement of such equipments in Article 2 in other areas except the Republic of Korea.
Article 2. Scope Of Equipments
The scope of equipments for the purpose of this Agreement shall be in the following items, to which other required items may be added after mutual consultation between parties.
· Steering gear
· Cranes
· Elevators
· Anchor windlass
· Hydraulic power unit
· Bow and stern gate operating gear(for landing ships)
· Winches, electric and hydraulic
· Electric motor controls
Article 3. Responsibilities Of SAM
31. SAM shall assist ABC in responses to requests for proposal and invitations to bid on the Republic of Korea Navy equipment requirements. This assistance shall be conducted in the form of preliminary design, cost estimating and proposal preparation, and any other effort which may be necessary to secure both parties business opportunities and to provide support as required to pursue new business for both parties.
32. SAM shall provide design information to ABC required to produce equipments required for performance of any contract resulting from effort described in 31 above.
33. SAM shall supply to ABC those items of materials required to support contract requirements which are uniquely produced in the U. S. A and not normally produced in the Republic of Korea. |
2007.12.04
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