LF 80 Tons Ladle
Refractories Full-Services Contract
(English Summary
/Translation )
Contract No:
HG-2008-C2/W3-022
Signing Date: November 12,
2008
Party A: Heilongjiang Iron &
Steel Co., Ltd.
Party B: Henan Gengsheng
Refractories Co., Ltd.
Through negotiations in good faith,
Heilongjiang Iron & Steel Co., Ltd. (hereinafter referred to as
the “ Party A ”) and Henan Gengsheng
Refractories Co., Ltd. (hereinafter referred to as the “
Party B ”) agree to enter into this full services
contract (the “Contract”) in connection with the
materials used for LF 80 tons ladle and agree to bind to the terms
agreed as follows:
1. The contents of services and
scope of supply and materials
Party B shall provide materials and
personnel supports to Party A’s facilities regarding
insulation installations, constructions of operations facilities,
refractories replacements, on-site maintenance, and all the
supplies tools and equipments.
2. Rights and
obligations
(1) Party A
2.1.1. Shall provide storage space
for Party B to locate certain amounts of refractories materials and
equipments on the site.
2.1.2. Shall provide possible
utilities for Party B to conduct daily operations and maintenance
at the facilities; shall provide timely risk management to secure
continuing operations.
2.1.3. Shall be responsible for all
the equipments supporting on-site installation and
repairs.
2.1.4. Shall assign the consignee
to coordinate the production operation with the technicians
assigned by Party B.
2.1.5. Shall be eligible to
terminate this Contract when Party B does not agree with technical
instructions requested by Party A.
2.1.6. Shall be eligible to
terminate this Contract when Party B is responsible for consecutive
accidents (including broken ladle 3 times or any accidents delaying
operations more than 1 hour or any injuries).
(2) Party B
2.2.1. Shall be responsible for all
the equipments and maintenances and repairs services.
2.2.2. Shall assign professional
and skillful technical team to be responsible for on-site
constructions and related maintenances. Shall report to Party
A regarding the status of operations.
2.2.3. Shall strictly operate
following technical instructions and bind to inspections and
supervision from Party A. Shall guarantee the quality of
refractories materials, the usage period, and the capacity of ladle
to meet the production requirement;
2.2.4. Shall comply with production
arrangement and on site instruction undertaken by Party A and shall
fulfill agreed production plan.
2.2.5. Shall strictly conduct
safety management, shall be responsible for implementing worker
safety education, shall guarantee safe operation, and shall prevent
the occurrence of any accidents. Party B shall be liable for all
the accidents due to its negligence.
2.2.6. Shall be responsible
for
