that was evident with a good and smooth payment of the bill
That the FIRST PARTY has the rights of exploration concessions and mining of sand in, with a contract decision as much sand cubic with the community and local Government, as well as the FIRST PARTY has a captive market to the PT. That the SECOND PARTY is willing and able to deposit the working capital as the articles of association of the company with a value of RpTHUS, based on agreement and mutual consent as listed here and on the basis of other considerations that is good and valuable, the parties agreed to work together in managing the implementation of the mining (exploitation) and trade the sand, to approve the following matters. THE PARTIES agreed to carry out cooperation in managing the implementation of the mining (exploitation) and trade transactions over the concession sand mining and a captive market owned by the FIRST PARTY. The SECOND PARTY receiving the state of the field from the FIRST PARTY as is in accordance with the results of the visit on the day of the Week, date, where the situation and condition agreed upon will be passed and resolved as it should be so that we can immediately start the production process of procurement and delivery of sand out of the place in question. The SECOND PARTY's deposit the working capital with the amount listed above once an agreement is signed by both parties, so that the work can be immediately implemented.
The FIRST PARTY together BOTH PARTIES soon realize the implementation of the work of mining (exploitation) of sand to be marketed to Jakarta.
The FIRST PARTY is responsible for the marketing of the production CV. The FIRST PARTY together the SECOND PARTY is responsible for the smooth work of the mining and marketing of sand CV. The FIRST PARTY or the SECOND PARTY have the same rights in the management of CV. to perform managerial actions in the interests of the joint in determining the composition of the board of the company as well as the field organizers as a collective agreement. The FIRST PARTY together with the SECOND PARTY or other parties approved the joint financial outlay or receive any payment transactions of the sand in the name of CV. The FIRST PARTY or PARTIES BOTH have the same rights that is equal to of the net profits earned CV. Net profit question is profit which has been reduced by the cost of production and management fee as well as the retained earnings amount (percent) of net profit after tax. The remaining net gain of (percent) is the right of both parties who shared the same major and will be issued and or transferred bank account to another with the consent of both parties. Referred to force majeure (Force Majeure) within this letter are the events that occur outside the ability of The Parties such as Natural Disasters, Fire, war, riot, and others that directly interfere with the implementation of the obligations of THE PARTIES. The SECOND PARTY may not assign or move over to the other party all its Rights and Obligations without the consent of the FIRST PARTY and on the contrary the FIRST PARTY may not assign or move over to the other party all its Rights and Obligations without the consent of the SECOND PARTY. All information regarding the company is confidential and should not be opened or unfolded by both sides to the person, firm or any company without the prior written consent of both parties. And this obligation will remain in effect even if this Agreement has ended for any reason. This agreement and the annex addition is a unity Agreement between THE PARTIES and supersedes and cancels all communications whether oral or written, previously conducted between THE PARTIES on matters concerning this Agreement. Any changes or additions to this Agreement shall be in writing and signed by both parties and constitute an integral Agreement between THE PARTIES and have equal legal force. THE PARTIES in this Agreement agree to resolve any dispute or lawsuit arising in connection with this Agreement in good faith through consultation between the parties. If a settlement is amicably referred to is not reached then the dispute or claim shall be resolved through legal channels dipangadilan East Jakarta.
