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CONTRACT FOR EQUIPMENT DELIVERY

CLIENT: HUBEI SHUIZONG WATER RESOURCES AND HYDROPOWER

CONSTRUCTION CO.,LTD-PHILIPPINES BRANCH OFFICE

CONTRACTOR:ALAG GRAVEL AND SAND TRADING

This contract is made for the agreement between CLIENT and


CONTRACTOR for the delivery of 2 units of VOLVO backhoe EC210 from
TIBAG HYDRO PROJECT SITE ( DAKIL, CAGCIAY III, MUABAN CITY,
QUEZON)to PULANAI HYDRO PROJECT SITE(VALENCIA, BUKIDON).

CONTRACTOR will offer 2 units of the low bed and operators for the
delivery. The total amount for all the charges in this delivery hereby
stated PHP720,000.00(Seven hundred Twenty Thousand Pesos Only). No
more other fees shall be paid by the client.

CLIENT shall deposit 60% of total amount as down payment to the


stated CONTRACTOR’s bank account in the quotation. The rest 40% shall
be transferred to CONTRACTOR’s bank account the day CLIENT receives
the 2 units of backhoe.

CLIENT SIGNATURE: CONTRACTOR SIGNATURE:

DATE: DATE:

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