‘ & BLE WAL RANIL A PURCHASE ORDER NO. 2114 ‘CUST 9M FABRICATION INC. [MG Industrial Compound, MMG Warehouse 485, Holiday Homes, Bray. San Antonio, San Pedro, Laguna Tel. (632) 635-0350 * 637-1257 Fax(632) 635-0350 Email ve.mitefinance@smailcom \VAT REGISTERED TIN 009-230-520-000 Document Date: Delivery Date: Terms of Payment: Currency: ‘Amour SUPPYERS 5 Invoicing Address Contact Person Tew Type] Category ‘Quantity | _UOM | Unit Price Subtotal 0. 80% 4 Total Value eee ‘Add: 12% VAT Total Value inclusive of VAT Other information ‘Company Cod Project Code: Request Line No. Requestor: PRNo.! Net Amount: Important Notes Submit Delivery Receipt to end user upon delivery. ¥ Submit Original Invoices to Accounts Payable with attached delivery receipt and PO. ¥ Payment term computation will start upon receipt of perfect invoice by Accounts Payable Department. For and on behalf of Global Visions vents & Confirmed and Accepted by: ‘Marketing Network, Inc. EL M. TITULAR ‘Authorized Signature (SELLER) Authorized Signature (BUYER)‘THiS PURCHASE ORDER 1S SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS: ee 4. VENDOR shall sign this Purchase Order (PO) within 48 hours from receipt. Upon signing of this PO by the VENDOR, all prices and terms indicated herein are deemed to be accepted and no changes shall be made without the written consent'and approval of GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. After 48 hours from receipt by VENDOR of this PO and VENDOR fallsto accept or reject it, this PO Is deemed accepted by the VENDOR notwithstanding the absence of signature. As such, tis PO is valid and binding between VENDOR and GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. 2. GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. reserves the right fo cancel tis PO at anytime if VENDOR fast deliver all or any Part of the Goods/Services in accordance withthe terms of the:PO. Acceptance of any or part of the PO shall not bind GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. to accept future non-conforming deliveries, VENDOR will indemnify GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. against all loss, cost and damage including reasonable attorney's fee arising out of any claim for patent infringement by reason of GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC.’s use of the Goods/Servces purchased. 4. Inthe event of any breach by VENDOR of any provision ofthis PO, any pre-payment by GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. on this PO shall be immediately refunded by the VENDOR. GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. shall have the right to retain out of any payment due to or to become due to the VENDGR an amount sufticent to: protect GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC, completely from any and allloss, damage or exnense until the situatior has been satisfactorly remedied by VENDOR. 5. GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. shall pay valid invoices within agreed term of calendar days from GLOBAL VISIONS. EVENTS & MARKETING NETWORK, INC’S receipt of the invoice and the appropriate delivery receipt and other GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. required supporting documents. 6. GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. shall at ts option, pay by way of check (which must be picked up by the VENDOR at ts designated releasing counter on designated check releasing dates) cr by remittance to a bank account designated hy the VENDOR. If payment sade by check, the VENDOR shall notify GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. ofthe name ofits authorized collector. 7. Unless otherwise agreed, the VENDOR shall pay all taxes that may be imposed by vite of VENDOR'S obligations under this Order Including buf not limited to Value-Added Tax ("VAT"), The VENDOR shall issue VAT registered invoices and VAT official receipts to GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. 8. VENDOR unconcitionally guarantees that the Goods/Services supplied/delivered shall (i) be of new manufacture and not second hand, Reconsltioned or used; (i) be ofthe highest quality, fit for the purpose for which they are intended and in accordance with GLOBAL VISIONS, EVENTS & MARKETING NETWORK, INC. specifications, i) free from any liens, claims, encumbrances, security interests, charges, taxes and assessments whatsoever; 0° (v free from hidden defects, disabling codes, spywares or viruses. 98, VENOR warrants that it will deliver the Goods/Services in accordance with the agreed delivery dates with GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC.. Should VENDOR fail to meet its timelines, then VENDOR will be liable to pay GLOBAL VISIONS EVENTS & [MARKETING NETWORK, INC. liquidated damages at one-tenth of one percent af the value ofthe Purchase Order for every day of d the Goods/Services have been delivered. 10, The VENOOR'S warranties are deemed to extend to any goods/services ofa third party that are bundled with the Goods/Services. 41. The Goods/Services are free from any defect in design, materials, or workmanship. in this connection, the VENDOR shall repair, replace and/or render the Goods/ Services Immediately without need for follow-up at no additional cost to GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. 42. Upon delivery, the VENDOR shall convey to GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. 2 good and valid title to the Goode/Services 413, This purchase will have a Warranty Period of twelve (22) months from the date of the delivery receipt based on the Warranties stated herein and over and above any OTB (Out-of-the-Box) Manufacturers warranty, when applic 44, GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. shall be entitled to terminate this PO.) if the VENDOR'shall have offered, agreed, or given any employee of GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. and/or its affiliates any gift or consideration of any kind as aninducement or reward or shall have done fraudulent and legally prohibited act for doing or forbearing to door having done or forborne to-do any said action in relation to the execution of this Agreement with GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. and/or its affiliates; iif any government or any legal/ludicial mandate or order requires the termination; or (i) f the Goods/Services covered by the PO and by operation of law i considered prohibited, declared contraband or a heath or environment hazard. 15. No other form of acceptance is binding on GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC.. GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. expressly limits acceptance tothe terms and condition stated in this PO and any additional or efferent terms proposed by ‘the VENDOR shall not be binding on GLOBAL VISIONS EVENTS & MARKETING NETWORK, INC. whether or not they will materially alter this order, and are rejected. inthe event of any conflict or inconsistency between this PO and the terms and conditions of VENDOR supplied documents attached, referred or delivered with the Goods/Services and forthe purposes of interpretation, this PO shall prevall 416. Any dispute arising from the execution of or in connection with this Agreement shall be brought before the proper courts of San Pedro Laguna, to the exclusion of all other courts.