8. Contribution of the Parties
TOLGGC:
• to be leader and support marketing plan and strategy and customers management of the JV Company during Phase 1 and 2
• to support research and development for ethanol yield improvement and other related to the business of the JV Company business
• to provide experienced personnel to advice the JV Company during construction and commissioning
KTIS:
• to support feedstock supply management and plan to ensure volume of sugarcane is sufficient to requirement of the JV Company for Phase 1 and 2 and to ensure seamless operation of the JV Company
• to support research and development for cane yield improvement
• to lead public relationship with community, government agency
• to provide training and development of skill labor to support the JV Company
• to provide experienced personnel to advice the JV Company during construction and commissioning
9. Land Lease
The Parties agree that land lease cost of the Project shall be based on the following;
Phase 1
Require Land: 81,200 Rai
Price: To be discussed and considerred as per 3rd party appraisal consultant study
Duration: thirty (30) years + thirty (30) years te for second and third renewal at the option of the JV Company
Phase 2 - Provisional Land
Require Land: 500 Rai
Price: Discount to be provided (based on arm’s length basis) for the initial period of five (5) years. After 5 years the JV Comapany shall discuss in good faith for new term and conditions.
KTIS shall agree to extend the rental term and condition once the JV Company’s customers start to occupy the provisional land
10. Exclusivity
Neither Party shall, without a prior written consent of the other Party, engage in any project that competes with the intended business of the JV Company.
101. Term
This HOA shall be effective as of the date first written above and, unless extended or terminated in writing by the Parties, shall remain in full force and effect for one (1) year or until the earlier of the following conditions:
(a) the termination in accordance with Section 12 set forth below; or
(b) the Parties execute the JV Agreement in connection with the implementation of the Project.
121. Termination
121.1 From [] JulyDecember, 20165, this HOA shall be terminated upon the occurrence of following events;
(a) Either Party gives the other Party a thirty (30) days advance written notice of termination ; or
(b) The Parties mutually agree in writing to termination this HOA; or
(c) The Board of director of either Party decides not to proceed with the Project; or
(d) It is foreseeable that, without fault attributable to any Party and despite best endeavour, the JV Company is unable to procure licenses or permits necessary required for the implementation of the Project; or
(e) Illegality; or
(f) Any Party becomes insolvent or enters into liquidation or bankruptcy
121.2 Upon termination of this HOA, the defaulting Party or the Party who decides not to proceed with the Project shall transfer its ownership of the Information to the other Party. In such event, such Party shall confirm the amount of the Study Cost actually incurred by such Party in writing and shall, if any, be reimbursed by the other Party within [] days from the date of submission of such confirmation.
121.3 Section 2 and 3 shall remain in full force after termination of this HOA.
121.4 Section 13 shall survive for a further two (2) years period from the termination date
132. Confidentiality
[The Parties agree that any and all terms and conditions of the Confidentiality Agreement shall be incorporated into this HOA by reference and any and all proprietary information to be exchanged herein will be governed thereby.
Or
The Parties may exchange confidential or propriety information, which legally has right to disclose, with each other during the discussions contemplated by this HOA. Each Party shall hold such other Party’s confidential information in strict confidence and shall not, without prior written consent of the other Party, disclose any confidential information to any person except to its shareholders, subsidiaries, affiliates, directors, officers, employees, attorneys, auditors, agents or advisors (collectively, “Representatives”) who need to know the confidential information for the purposes of performing their duties in connection with this HOA and have agreed to be bound by the restrictions and obligations with respect to confidential information provided for in this HOA. Each Party shall, before making any disclosure to the Representative, obtain an undertaking of confidentiality from the Representative which substantially reflects the obligations under this HOA and which does not allow the Representative to disclose the confidential information to any third party. Each such Party shall be responsible for any breach of disclosure by its Representatives. Each such Party ag