Next Well Technology Co. Ltd., a company incorporated under the laws of Thailand having its Registered Office at 50/485 Moo.5, Bangkurat, Bangbuathong, Nonthaburi, Thailand 11110, (hereinafter referred to as the “Contractor” which expression shall unless it be repugnant to the context or meaning thereof be deemed to mean and include its affiliates, group companies, associates, successors and permitted assigns) of the FIRST PART