Parties of the contractsKorea Pallet Pool (LogisAll), Clavis TechnologiesThe contract period2008.12.31~2009.07.31The contract amount\ 250,000,000 (separate VAT, Value-Added Tax)The payment conditionPrepayment : 50% of contract amount (\ 125,000,000)The part payment : 30% of contract amount (\ 75,000,000)The rest: 20% of contract amount (\ 50,000,000)The warranty period~2010.07.31Contents of the contractDeveloping the 2nd phase of RFID-based intelligent collaborative logistics & distributions information systemAttached papersAppendix 1. Statement for what will be provided
EX-10.11 4 clavis_s1a-ex1011.htm KOREA PALLET POOL CO clavis_s1a-ex1011.htm
Exhibit 10.11
The contract for developing the 2nd phase of RFID-based intelligent collaborative logistics & distributions’ information system
| Parties of the contracts | Korea Pallet Pool (LogisAll), Clavis Technologies |
| The contract period | 2008.12.31~2009.07.31 |
| The contract amount | \ 250,000,000 (separate VAT, Value-Added Tax) |
| The payment condition | Prepayment : 50% of contract amount (\ 125,000,000) The part payment : 30% of contract amount (\ 75,000,000) The rest: 20% of contract amount (\ 50,000,000) |
| The warranty period | ~2010.07.31 |
| Contents of the contract | Developing the 2nd phase of RFID-based intelligent collaborative logistics & distributions’ information system |
| Attached papers | Appendix 1. Statement for what will be provided |
