Supply and Technology Agreement between TWiC Housing Corp. and Canadian Rockport Homes Ltd. for Chile Housing Plant

Summary

TWiC Housing Corp. agrees to supply proprietary equipment and a technology and services package to Canadian Rockport Homes Ltd. for establishing a housing plant in Chile. The agreement outlines the equipment and services TWiC will provide for a lump sum of $1.4 million, as well as the responsibilities of Canadian Rockport Homes to supply the plant site, certain equipment, utilities, and cover taxes and local costs. Payment terms include a down payment and draws on a letter of credit. TWiC retains control over technical aspects and is not liable for delays beyond its control.

EX-10.04 16 doc16.txt Exhibit 10.04 T W I C H O U S I N G C O R P. - -------------------------------- Canadian Rockport Homes Ltd. 5603-Main St., Vancouver, B.C. January 10th, 2000 Attention W.R. Malone, President Re: Housing plant for Chile Revised offer Gentlemen: Our offer of February 14th, 2000 was made on the assumption that the plant would be located within an existing building containing crane ways. As of this date, the plant will be located on an undeveloped site, and therefore will require a gantry and shelters for operations and steaming. The following offer makes provision for supply of these facilities by TWiC. OUR OFFER IS THE FOLLOWING: - ------------------------------- To supply Proprietary Equipment consisting of: - --------------------------------------------------- 1. 16-Molds 2. 16-Vertically mobile platforms 3. 16-Joist molds 4. An insulated roof over molds with roof access canopies 5. Insulated walls and tarpaulins around the mold shelter 6. A custom gantry of 60 ft span and 38 ft lift with 2-10 ton trolleys 7. 2-Handling frames To supply a Technology and Services Package consisting of: - ------------------------------------------------------------------ 1. Plant design 2. Procurement support for mobilizing non-proprietary plant equipment. 3. Engineering support for supervision of plant civil works 4. Procurement support for mobilizing production materials 5. Shop drawings and rebar schedules for the first year of production 6. supervision and training for plant start-up WM HG LUMP SUM FOR THE ABOVE ----------- US 1,400,000.00 - -------------------------------------------------------------------- NOT INCLUDED IN THE ABOVE AND TO BE SUPPLIED BY THE LICENSEE: - ------------------------------------------------------------------------ PLANT SITE--- - -------------- NOT LESS THAN 3 ACRES GENERALLY LEVEL ACCESS TO HIGHWAYS POWER, WATER SERVICE AVAILABLE PLANT EQUIPMENT TO BE SUPPLIED BY THE LICENSEE TO TWIC SPECIFICATIONS - ------------------------------------------------------------------------------- 1. CONCRETE SYSTEM COMPRISING-4 HIGH-PRESSURE HYDRAULIC PUMPS WITH ACCESSORIES 1 INTEGRATED BATCHING PLANT (OPTIONAL) 2 CEMENT SILOS (OPTIONAL) 1 FRONT-END LOADER 2 COMPRESSORS WITH SURGE TANKS AND YARD LINES 1- STEAM GENERATOR AND DISTRIBUTION LINES 2. UTILITIES EQUIP COMPRISING--- YARD ELECTRICAL AND LIGHTING WATER SUPPLY, DRAINAGE OTHER ITEMS NOT INCLUDED - --------------------------- -G.S.T., P.S.T., AND ANY OTHER GOVERNMENT TAXES AND FEES -ALL TRANSPORT AND OFFLOADING AT PLANT SITE -ALL SITE LABOR AND LOCAL MANAGEMENT EXCEPT MOLD ASSEMBLY -ALL MATERIALS OF CONSTRUCTION FOR IMPROVEMENT OF THE PLANT SITE, FOR LEVELING, PAVING, CASTING SLAB, GANTRY RAIL BEDS, PLANT OFFICE, FINISHING SHELTER, BOILER HOUSE TERMS: - ------ Initial down payment of US$300,000, then progressive draws on an irrevocable letter of credit at a Vancouver branch of a suitable bank. This offer remains will be subject to change after March 30th, 2100. PROJECT CONTROL - ---------------- 1. TWiC housing Corp. will control decisions regarding plant design, equipment selection, equipment installation and all other technical aspects for mobilizing the plant development and operation. Override of control will release TWiC from responsibility for plant performance. 2. TWiC will not be subject to penalties for delays or failure to complete due to acts of the Buyer or other parties, or due to weather, disasters, or political interference. 3. Except as otherwise stipulated, this agreement shall be subject to the interpretations and conditions of the Canadian Construction Document for Stipulated Price Contract. SCHEDULE - -------- Activity, engineering and fabrication, will commence with receipt of down payment. Assuming satisfactory co-operation of the Licensee, at plant training on the installed equipment can begin within 150 days of start of activity. OFFER BY TWIC HOUSING CORP. - ------------------------------- SIGNED /S/ HARRY GORDON DATE JAN 10/2001 - -------------------------------------------------------------------------------- OFFER ACCEPTED BY - ------------------- SIGNED /S/ WILLIAM R. MALONE DATE JAN 16/01 - -------------------------------------------------------------------------------- Price Adjusted to 1.4 M WM HG