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Equipment Sales Agreement

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Sales Contract for Digital Court Storage System | Document Parties: CHINA INFORMATION SECURITY TECHNOLOGY, INC. | Deposit Bank | Digital Court Storage System | iASPEC Software Co, Ltd | Shenzhen Development Bank You are currently viewing:
This Sales Agreement involves

CHINA INFORMATION SECURITY TECHNOLOGY, INC. | Deposit Bank | Digital Court Storage System | iASPEC Software Co, Ltd | Shenzhen Development Bank

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Title: Sales Contract for Digital Court Storage System
Date: 8/12/2009
Industry: Software and Programming     Sector: Technology

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Exhibit 10.28

Sales Contract for Digital Court Storage System

Contract No.  SZZY20080219

Buyer: Shenzhen Intermediate People’s Court

Add: No.6003, Caitian North Road, Futian District, Shenzhen City

Postcode

Tel:

Fax:

Name of Representative: Guo Xuming

Deposit Bank:

Account No.:

Seller: iASPEC Software Co., Ltd

Add: Unit D, 4/F., Block2, Tian’an Cyber Park, Futian District, Shenzhen City

Authorized Representative: Li Jincai

Date Singed: April 3, 2008

Tel: 0755-83401682

Fax: 0755-83401681

Deposit Bank: Shenzhen Development Bank Shennan Branch

Account No.: 1020 3451 6010 0035 73

 

 

 

 


 

The following agreement is made by the Buyer and the Seller through full consultation, and shall conform to the Contract Law of PRC.  Both parties shall comply with the terms and conditions of this agreement.

1.

Contract Objects

 

The Buyer agrees to buy and the Seller agrees to sell the products as listed in Appendix I, with technical & functional requirements listed in Appendix II.  The products and system integration services supplied by the Seller shall conform to the technical performances as is described in Appendix II .  Should there be any equipments omitted in Appendix I that are essential to meet the technical performances as is specified in Appendix II , the Seller shall be obligated to provide such equipments (Omitted and Filed Separately with the SEC) .

2.

Contract Amount

 

2.1

Total Amount: (Omitted and Filed Separately with the SEC)

2.2

After Sales Services: The Seller shall provide in-site installation and test, and purchased products shall be guaranteed by the manufacturers for 3 years.  The Seller shall provide after-sales services for 5 years upon the day the product passes acceptance, include warranty period and maintenance period.

2.3

Shipping cost, premium and other costs shall be paid by (Omitted and Filed Separately with the SEC) .

3.

Terms of Payment

 

3.1

Advance Payment: The Buyer shall pay (Omitted and Filed Separately with the SEC) of the total contract amount (Omitted and Filed Separately with the SEC) to the Seller as advance after the contract is signed.

3.2

Acceptance Payment: After the purchased products are installed and passed the acceptance by the Buyer, the Seller shall pay (Omitted and Filed Separately with the SEC) of the total contract amount (Omitted and Filed Separately with the SEC) to the Buyer as mortgage, and the Buyer shall pay (Omitted and Filed Separately with the SEC) of the total contract amount (Omitted and Filed Separately with the SEC) to the Seller.

3.3

Balance Payment: The Buyer shall return the mortgage, (Omitted and Filed Separately with the SEC) of the total contract amount (Omitted and Filed Separately with the SEC) , to the Seller after the equipments pass the acceptance by the Buyer for 1-year stable operation.

3.4

The Seller shall provide the Buyer with commercial Invoice with corresponding amount.

4.

Terms of Delivery

 

4.1

The Seller shall deliver the products as is described in the contract to the place designated by the Buyer within 20 days upon the date on which the contract is signed.

2


4.2

The Seller shall provide a detailed delivery schedule (including contract number, equipment name, type, specification, quantity, weight, volume, and the date, place and arrangement of delivery) to the Buyer by facsimile/telephone within 7 days before the date of delivery.  The Buyer shall make related preparations and necessary formalities on receiving the products.

4.3

The Buyer shall store and keep the products under appropriate circumstance as is required.  In case of any quantity discrepancy, the Buyer shall inform the Seller immediately, and the Seller should make corrections within two working days and any costs arising therefrom shall be paid by (Omitted and Filed Separately with the SEC) .

4.4

All the products shall be kept in original packages upon delivery.  The Seller shall provide a Delivery List (including the product name, type, specification, quantity and serial number) and the products shall be checked by both parties.  Should there be any quantity discrepancy or damage, notwithstanding the package is complete or not, the Seller is obligated for replacement or supplement within two working days, and any costs arising therefrom shall be paid by (Omitted and Filed Separately with the SEC) .

5.

Installation, Test and Acceptance

 

5.1

After the equipments are received and inspected by the Buyer, the delivered equipments shall be installed and tested by the Seller within two days, the Seller shall provide technical guidance to the Buyer, and necessary conditions required for equipment installation and test shall be provided by the Buyer.  The installation and test shall be finished within 5 days by the Seller.

5.2

In the process of installation and test, the Buyer shall provide necessary conditions and technicians in assistance with the Seller to complete the installation.

5.3

The Seller shall provide related technical documents (including equipment data, installation configuration document, management & operation instructions, and test & acceptance program) to the Buyer after installation and test.  Acceptance test shall be conducted by the Buyer thereafter, and the acceptance result shall be recorded in the Purchased Product Acceptance Report.  Should any deficiency be found by the Buyer during the Acceptance, both Parties shall make appropriate settlements based on the significance of the problem.  (1) Should any serious deficiency exists, the purchased products shall be returned to the Seller and rectified therein, and both Parties shall negotiate on the timing for the subsequent acceptance test. the Seller shall compensate for all the losses to the Buyer; (2) Should there be any minor deficiency, the Seller shall make relevant rectifications, and both parties shall consult whether a second acceptance is needed.

5.4

Both parties shall sign an acceptance report after all purchased products passed the acceptance by the Buyer.  The Buyer shall conduct the payment (see 3.2) to the Seller after all products are delivered.

3


5.5

The following documents shall be submitted before program implementation:

1) Construction Program; 2) Implementation Program; 3) Hardware Configuration Program and Instructions; 4) Operation Manual

6.

Quality Guarantee and Maintenance

 

6.1

The Seller assures that the delivered equipments are in accordance with the descriptions as is specified in Appendix l, and the products are brand-new with advanced technology, high quality, stable performance and no discrepancy.

6.2

The Seller shall provide after-sales services for 5 years upon the day the product passed acceptances, include guarantee period and maintenance period.

Guarantee period: Hardware products shall be guaranteed for 3 years by the manufacturers and The Seller shall provide (Omitted and Filed Separately with the SEC) product maintenance or replacement in the period.

Maintenance period: The maintenan


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