Attached files
| file | filename |
|---|---|
| 10-K/A - UNIVERSAL SOLAR TECHNOLOGY, INC. | v206742_10ka.htm |
| EX-31.1 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v206742_ex31-1.htm |
| EX-10.5 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v206742_ex10-5.htm |
| EX-32.1 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v206742_ex32-1.htm |
CONTRACT
|
NO: CONT-C-4
|
Date:
Feb 26, 2009
|
THE
BUYER: KotakUrja Private Limted
THE
SELLER: Kuong U Science and Technology (Group) Limited
The
contract is made by and between the Buyer and the Seller, whereby the Buyer
agrees to buy and the Seller agrees to sell the under-mentioned commodity
according to the terms and conditions stipulated below:
|
Description
|
Quantity
|
Unit Price (USD, CIF
Chennai)
|
Amount (USD)
|
||||||
|
Solar
Module
12V-10WP
|
2,800
pcs
|
$ |
27/pcs
|
$ | 75,600 | ||||
|
Solar
Module
12V-40WP
|
1,300
pcs
|
$ |
110/pcs
|
$ | 143,000 | ||||
|
Total
Amount
|
PAY
US DOLLARS TWO HUNDRED AND EIGHTEEN THOUSAND ONLY ($218,000)
|
||||||||
Terms
and Conditions
|
|
1.
|
The
Seller shall start production upon receiving the 5% deposit from the
Buyer.
|
|
|
2.
|
Port
of Loading: Macao, China
|
|
|
3.
|
Port
of Destination: CIF Chennai, India.
|
|
|
4.
|
Delivery
Time: within 18th
March, 2009.
|
|
|
5.
|
Terms
of Shipment: The carrying vessel shall be appointed by the Seller. After
loading is completed, the Seller shall notify the Buyer by fax indication
the contract number, name of commodity, quantity, name of the carrying
vessel and the delivery time.
|
|
|
6.
|
Terms
of Payment: 5% deposit and the balance paid by Irrevocable L/C at sight.
The original correct L/C shall reach to the Seller within the first week
of March, 2009 and remains valid for negotiation in China within 90 days
after shipment.
|
|
|
7.
|
Insurance:
To be effective by the Seller for 110% of invoice value
covering.
|
|
|
8.
|
After
Sale Service: The Seller shall replace solar modules if they do not work
normally within the first one year and the Seller will be notified by the
Buyer with evidences such as photographs or samples of the solar modules.
The Seller shall provide on-year replacement services. It will be
compensated by new equivalent modules output and sent free of cost till
Chennai.
|
|
|
9.
|
Performance
Warranty: decrease in peak power of the solar modules within the first 10
years shall be below 8%; decrease in peak power of the solar modules
within the first 20 years shall be below
10%.
|
|
10.
|
Force
Majeure: In case of force majeure, the Seller shall not be responsible for
late delivery and/or non-delivery of the goods bu shall notify the Buyer
by fax.
|
|
11.
|
Arbitration:
All disputes in connection with this Contract or the execution thereof
shall be settled by negotiation between the two
parties.
|
Specifications
of the Solar Module-10WP
|
SN.
|
DESCRIPTION
|
SPECIFICATION
|
||
|
1
|
Standard
electrical parameters
|
Peak
Power: Minimum 10W, no negative power
Voc:
21V Isc: 0.65A
Vmp:17V Imp:
0.59A
|
||
|
2
|
Inside
label to be laminated
|
The
design will be provided by the Buyer
|
||
|
3
|
Module
Size
|
346*293*25mm
|
||
|
4
|
Aluminum
frame color
|
2600
pcs Silver, anodized, 200pcs yellow, anodized
|
||
|
5
|
Packing
|
Each
solar module put in a carton box and five modules put in a master
carton.
|
||
|
6
|
Labels
on packing box
|
The
master carton labeled solar module, gross weight, net weight, box size and
standard packing symbols.
|
||
|
7
|
Cable
|
Five-meter
cable with a male connector same as last time. The cable shall be soldered
to the junction box.
|
||
|
8
|
|
Special
instructions
|
|
All
text in English.
|
Specifications
of the Solar Module-40WP
|
SN.
|
DESCRIPTION
|
SPECIFICATION
|
||
|
1
|
Standard
electrical parameters
|
Peak
Power: Minimum 40W, no negative power
Voc:
21.5V Isc: 2.6A
Vmp:16.5V Imp:
2.42A
|
||
|
2
|
Inside
label to be laminated
|
The
design will be provided by the Buyer
|
||
|
3
|
Module
Size
|
1185*530*35mm
|
||
|
4
|
Aluminum
frame color
|
Silver,
anodized
|
||
|
5
|
Packing
|
Each
solar module put in a carton box and five modules put in a master
carton.
|
||
|
6
|
Labels
on packing box
|
The
master carton labeled solar module, gross weight, net weight, box size and
standard packing symbols.
|
||
|
7
|
|
Special
instructions
|
|
All
text in English.
|
Inspection
Standards:
|
|
1.
|
Output
of the modules has no negative
tolerance.
|
|
|
2.
|
Cell
alignment should be good, cell gap about 2mm,
+/-0.5mm.
|
|
|
3.
|
No
broken cells or chipped cells or discolored cells shall be used in the
module. A minor discoloration or printing error can be accepted. Both mono
and poly solar cells can be used, no mixed cells in one
panel.
|
|
|
4.
|
Cleaning
of panel to be done both front and
back.
|
|
|
5.
|
10W
with the 5 meter cable as last time; 40W no
cable.
|
|
|
6.
|
Framing
should be done with sufficient silicon sealant to avoid gap between the
frame and laminated
|
|
|
7.
|
Inside
label shall be correctly placed according to the Buyer’s
drawing.
|
|
|
8.
|
Junction
box should be fixed properly as the drawing, using sufficient silicon
sealant.
|
|
|
9.
|
For
testing of the modules, reference module should be the IEC tested module
or calibrated module from a recognized lab. Inspection will be carried out
by the Buyer of random modules when they visit. IV curve is
given.
|
|
10.
|
All
the points above shall be negotiable between the Buyer and the
Seller.
|
|
THE
BUYER: KotakUrja Private Limited
|
THE
SELLER: Kuong U Science and Technology
|
|
(Group)
Limited
|
|
|
(Signature
and Stamp)
|
(Signature
and Stamp)
|
CONTRACT
|
NO: CONT-C-4(1)
|
Date:
Feb 26, 2009
|
THE
BUYER: KotakUrja Private Limted
THE
SELLER: Kuong U Science and Technology (Group) Limited
The
contract is made by and between the Buyer and the Seller, whereby the Buyer
agrees to buy and the Seller agrees to sell the under-mentioned commodity
according to the terms and conditions stipulated below:
|
Description
|
Quantity
|
Unit Price (USD, CIF
Chennai)
|
Amount (USD)
|
||||||
|
Solar
Module
12V-40WP
|
1,700
pcs
|
$ |
100/pcs
|
$ | 187,000.00 | ||||
|
Total
Amount
|
PAY
US DOLLARS ONE HUNDRED AND EIGHTY-SEVEN THOUSAND ONLY
|
||||||||
Terms
and Conditions
|
|
1.
|
The
Seller shall start production upon receiving the 5% deposit from the
Buyer.
|
|
|
2.
|
Port
of Loading: Macao, China
|
|
|
3.
|
Port
of Destination: CIF Chennai, India.
|
|
|
4.
|
Delivery
Time: within 18th
March, 2009.
|
|
|
5.
|
Terms
of Shipment: The carrying vessel shall be appointed by the Seller. After
loading is completed, the Seller shall notify the Buyer by fax indication
the contract number, name of commodity, quantity, name of the carrying
vessel and the delivery time.
|
|
|
6.
|
Terms
of Payment: 5% deposit and the balance paid by Irrevocable L/C at sight.
The original correct L/C shall reach to the Seller within the first week
of March, 2009 and remains valid for negotiation in China within 90 days
after shipment.
|
|
|
7.
|
Insurance:
To be effective by the Seller for 110% of invoice value
covering.
|
|
|
8.
|
After
Sale Service: The Seller shall replace solar modules if they do not work
normally within the first one year and the Seller will be notified by the
Buyer with evidences such as photographs or samples of the solar modules.
The Seller shall provide on-year replacement services. It will be
compensated by new equivalent modules output and sent free of cost till
Chennai.
|
|
|
9.
|
Performance
Warranty: decrease in peak power of the solar modules within the first 10
years shall be below 8%; decrease in peak power of the solar modules
within the first 20 years shall be below
10%.
|
|
10.
|
Force
Majeure: In case of force majeure, the Seller shall not be responsible for
late delivery and/or non-delivery of the goods bu shall notify the Buyer
by fax.
|
|
11.
|
Arbitration:
All disputes in connection with this Contract or the execution thereof
shall be settled by negotiation between the two
parties.
|
Specifications
of the Solar Module-40WP
|
SN.
|
DESCRIPTION
|
SPECIFICATION
|
||
|
1
|
Standard
electrical parameters
|
Peak
Power: Minimum 40W, no negative power
Voc:
21.5V Isc: 2.6A
Vmp:16.5V Imp:
2.32A
|
||
|
2
|
Inside
label to be laminated
|
The
design will be provided by the Buyer
|
||
|
3
|
Module
Size
|
1185*530*35mm
|
||
|
4
|
Aluminum
frame color
|
Silver,
anodized
|
||
|
5
|
Packing
|
Each
solar module put in a carton box and five modules put in a master
carton.
|
||
|
6
|
Labels
on packing box
|
The
master carton labeled solar module, gross weight, net weight, box size and
standard packing symbols.
|
||
|
7
|
|
Special
instructions
|
|
All
text in English.
|
|
THE
BUYER: KotakUrja Private Limited
|
THE
SELLER: Kuong U Science and Technology
|
|
(Group)
Limited
|
|
|
(Signature
and Stamp)
|
(Signature
and Stamp)
|