Technology Development Contract (2003 Edition)

In accordance with " Contract Law of People's Republic of China ", through amicable negotiations, Party A and Party B have entered into agreement concerning the project's technical development (consignment /co-development) of The production technology of High aluminium calcium powder  (The project is planned by       ※) The Contract hereunder is made and concluded.

To Develop new technology of calcium aluminate powder production, in order to produce high aluminium calcium powder with high alumina content and high alumina dissolution rate from low-grade ore.

（1）To break through the constraints of raw materials grade in traditional calcium aluminate powder production, to expand the application fields of raw materials, to improve the comprehensive utilization of resources, and to lower production costs;

Research and development results should be presented in processing order text (including the principles, parameters, formulas, raw materials, process, technology, equipment, time, economic accounting, usage, application, technical defects, academic evaluation, economic evaluation, sample test results, pilot a result, the effectiveness of large-scale production forecasts, etc.) and sample, producing guidance and training.

(2) Traditional calcium aluminate powder production process requires 72-74% alumina-content of raw materials aluminium ore, and the technology objective is to reduce the aluminium content to 65% of raw materials;

(3)  Products of traditional calcium aluminate powder production contains 49-51% Al2O3,with dissolution rate of 90-93%. New technology objectives to increase Al2O3 to 55% and dissolution rate to 95%.

This contract shall be performed from October 10th, 2003 to September 30th, 2004 in Shanghai Municipal City and Jiangmen City, Guangdong Province (Location).

Manner of Contract Fulfilment: shall be negotiated between both sides according to concrete conditions

 

 

Research and Development party shall conduct work at the place of Party A(the consignor), with similar characters as businesses of Party A, therefore Party B shall bears an indefinite confidentiality obligation of all commercial secrets that Party B may possibly acquire, regardless of the changes, rescission and termination of this contract.

Based on the subject project and subject technology in the contract, the Research and Development Party may carry out doctoral teaching and research work with the help of clients experiment and production condition;

After the submission of research results, the Research and Development Party shall offer guidance and training to relevant personnel of the Party A(the consignor), to study and master the Theoretical and practical aspects of the technology and technical process. Standard is set as relevant personnel are able to operate independently to complete the whole process of production, and qualified product rate should be 95% and above in trial production.

In the process of this contract performance, should either party meet unsolvable technical difficulties under current technical conditions, resulting in partial or fully failure of the research and development work, the risk shall be assumed by    3  .

Accomplished technological achievements from research and development work ,meeting technical standards and parameters set forth in Article II of this contract, shall be accepted after three repeated experiments，according to the client's production standards. Acceptance Certificate of Technical Project shall issued by the consignor technology projects

In the process of this contract performance, with respect to any disputes arising from this contract, the two parties shall be settled through friendly consultations between both parties. When both parties do not want conciliation, mediation or conciliation, mediation fails, the dispute shall be settled in the    B    way.

2. Technology development contract refers to a written contract between two parties concerning research and development in new technology, new product, new process, new material and its system, including consignment development contract and cooperative development contract.

 

3. In blanket of “scheduled projects”, there should be projects at the level of State Council Ministries and Commissions, provinces, autonomous regions, and municipal cities, cities with independent planning, city(county).Fill in “/” for projects that does not fall into the above categories.

 

4. Content and format of the signed subject technology:

6. Confidentiality of technical information and documents: consists of all parties  information, content and period of information confidentiality obligation, leakage of technology and secrets ,and its corresponding responsibility.

The two sides can agree that this article is effective regardless of the changes, rescission and termination of this contract.,

According to the “Arbitration Law of People's Republic of China", once contract parties choose arbitration, it thus abandon the right to start a suit in a law court, and vice versa. Therefore, contract parties should negotiate and reach common consensus on dispute resolution.

Should the contract is enforced by introducing an intermediary, the intermediary contract shall be included as an appendix. Should there be deposit, property mortgages and collaterals, the copies of deposit; property mortgages and collaterals procedures shall be included as an appendix.

If the parties agree that the guarantees should be to pay a deposit, property, mortgages and secured a copy of the procedures as the annex to the contract.