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CONTRACT AGREEMENT FOR TURN-KEY BUILDING PROJECT

Construction Agreement

CONTRACT AGREEMENT FOR TURN-KEY BUILDING PROJECT You are currently viewing:
This Construction Agreement involves

APPLIED FILMS CORP | Applied Films TSIP Facility Phase-I | Applied Films Taiwan Co., Ltd. | Wide Bond Construction Co., Ltd.

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Title: CONTRACT AGREEMENT FOR TURN-KEY BUILDING PROJECT
Date: 5/11/2006
Industry: BLDFIX    

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                                                                    Exhibit 10.6

                                    CONTRACT

                                       For

                       Applied Films TSIP Facility Phase-I

                                     Between

                         Applied Films Taiwan Co., Ltd.

                                       And

                        Wide Bond Construction Co., Ltd.

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CONTRACT AGREEMENT
for
TURN-KEY BUILDING PROJECT

This Agreement made the 30th day of August 2005

between   Applied Films Taiwan Co., Ltd.
          1F, Building A, No. 3 Nan-Ko Rd. 7
          Science Based Industrial Park
          Tainan, Taiwan, 741, R.O.C.
          (hereinafter called "the Employer") of the one part,

and       Wide Bond Construction Co., Ltd.
          of 9F, No. 35 Kuang Fu North Road
          Talpei, Taiwan, R.O.C.
          (hereinafter called "the Contractor") of the other part

Whereas

(A)  the Employer requests that the Works known as - AF TSIP Facility - shall be
     executed by and through the Contractor as a turn-key project. The Employer
     has accepted a tender made by the Contractor for the design, execution and
     completion of the Works and the remedying of any defects therein
     (hereinafter called "the Project").

(B)  the Contractor is a construction company with the capability, experience
     and resources to execute and complete the Project in accordance with this
     Contract.

(C)  the Employer is a registered company at the Tainan Science Based Industrial
     Park and has an approved land lease application (Dali 1st Rd, land 11-3)
     available and which will be the construction site.

The Employer and the Contractor agree as follows:

     1.   Definitions

          In this Agreement words and expressions shall have the same meanings
          as respectively assigned to them in the General Conditions contained
          in the FIDIC Silver Book Conditions of Contract hereinafter referred
          to as amended in the Particular Conditions.


                                                                        Page 1/5

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     2.   Contract Documents

          The Contract between the Employer and the Contractor shall be deemed
          to comprise the following documents and such documents shall in
          interpreted and take effect between the parties, and any
          inconsistencies shall be resolved, in the following order of priority
          and application:

          (a)  The memoranda annexed hereto (which includes a breakdown of the
               Contract Price);

          (b)  The Particular Conditions of Contract annexed hereto;

          (c)  The General Conditions of Contract annexed hereto;

          (d)  The Employer's Requirements (Rev. B dated July, 30th 2005);

          (e)  The Contractor's Tender (dated August, 3rd 2005); and

          (f)  The Minutes of Meeting from July, 28th 2005 (dated August, 1st
               2005).

          (g)  The Minutes of Meeting from August, 15th to 19th 2005 (dated
               August, 19th 2005).

     3.   Contract Scope

          The Project is planned as a turn-key project based on the FIDIC Silver
          Book for EPC/Turnkey Projects (First Edition 1999-ISBN 2-88432-021-0,
          English language) and shall provide the Employer with a fully
          completed and operational manufacturing facility. The Project
          includes the production building (goods receiving, stock, disposition
          area, assembly hall, packaging and shipping), office building,
          gas/dangerous goods stock, one level parking place and all necessary
          equipment and utilities to operate the building.

     4.<

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