Service Agreement
This Agreement is made on December 1 2019 and effective for the period from Dec.l ,2019 to May. 31, 2020 between:
Party A: Vivic Corp., located at 187 E. Warm Springs Road, PMB#B450 Las Vegas, NV. 89119, and Party B: GO RIGHT HOLDINGS LIMITED
Vistra Corporate Services Centre, Suit 23, 1st Floor, Eden Plaza, Eden Island, Mahé, Republic of Seychelles
Service Rendered
Party B renders the following services to Party A:-
" ShenWei marina in china planning and strategy layout.
" Chung Wu Marina in china planning and strategy layout.
" China Yacht club marketing research and oral presentation.
" Electrical yacht design rendering.
Service Fee
The service fee is total USD $300,000 . the payment schedule as follows
Dec. 5 . 2019 $100,000 due day Dec, 10, 2019 service period Dec.l ,2019- Dec31, 2019
Mar. 5 2020 $100,000 due day Mar. 10, 2020 service period Janel, 2020- Feb29.,2020
May.5 2020 $100,000 due day May.10, 2020 service period Mar.l, 2020- May.31, 2020
If Any payment past due , the payment can be accepted to converted into common shares at the unit price of US$O.25
Termination of Agreement
Termination of this agreement can be made by giving 30 calendar days written notice to each other or otherwise agreed by both parties.
Others
This agreement is made under the law of Taiwan or otherwise agreed by both parties.
Party A:
For and on behalf of
Vivic COrp•PDFÄGbehalf of
VIVIC ORP RATION
Yun Kuang Kung | vre(s) CEO |
Party B:
For and on behalf of
Go right Holding Limited
Lin Wei Cheng CEO