COOPERATION AGREEMENT
This Agreement, entered into on the 21s1 day of February, 1994 between C.S. 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 CS) and ABC CO., Ltd.,a corporation constituted in accordance with the laws of the Republic of Korea, with principal office at , Kyungki-Do, 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 CS 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 ofKorea 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 Cooperation11. 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 non-excluslve 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. |