English Summary - Electronic Chart display & Information System (ECDIS) Maintenance Contract, dated September 4, 2018, by and between R.O.K. Navy Logistic Command and e-Marine Co., Ltd
EX-10.35 7 ex10-35.htm
Maintenance Project Contract (Translation)
Contract Between | Customer | Reg. No. | 609-83-00455 | Contract Manager | Taeho Shim | ||
Name | R.O.K. Navy Logistic Command | Project Manager | Dong-Jun Lee | ||||
Company | Reg. No. | 314-81-38419 | Company No. | 1601110109715 | |||
Name | e-Marine Co., Ltd. | CEO | Ung Gyu Kim (070-7204-9313) | ||||
Address | 4th Floor, 15-14, Samsan-ro 308beon-gil Nam-gu, Ulsan, 44715 South Korea | ||||||
Bank | Account No. | Account Owner | |||||
Contract Details | Contract Name | Electronic Chart Display & Information System(ECDIS) Maintenance | |||||
Contract Amount (Advance | General | 328,000,000 Won | |||||
Treasury Bonds | None | ||||||
Total | 328,000,000 Won | ||||||
Contract Amount (Total) | 1,569,000,000 Won | ||||||
Contract Warranty | 156,900,000 Won | ||||||
Deliquency Rate | 0.13% | ||||||
Price Fluctuation Contract | Accodring to Article 64 (1) Item 1 Adjustment rate | ||||||
Contract Period | 2018.09.04 - 2020.02.29 | ||||||
Project Period | 2018.09.04 - 2020.02.29 | ||||||
Delivery Place | Respective Unit | Stamp Tax | 350,000 Won | ||||
Other Matters | Long-term partial payments (328,000,000 won in ’18, 996,229,950 won in ’19,244,770,050 won in ’20) |