3. OBLIGATIONS AND RESPONSIBILITIES OF PARTY A
3.1. Party A shall provide the mining site with for legal operations of the stone quarry/stone
grinding business to Party B.
3.2. Party A shall be responsible for the renewal of the license including the cost for renewal the
license and royal fee for stone grinding and any legal issue related to the license. No any
expenses other than the items as specified above shall be liable by Party A, except the
personal expenses of Party A or the company of Party A.
3.3. If there are any issues in the process of installing and delivering of equipment to the mining
site, or in case of any issue with the competent authority relating to process of installing and
delivering of equipment to the mining site, Party A shall assist Party B to settle the issues but
the costs of which are to be borne by Party B.
3.4. If there are any issues with regards to the mining license and cause damages to Party B, Party
A shall pay those arising damages to Party B.
3.5. To avoid any confusion and for clarity, Party A shall only be responsible for the “Pits and
Quarries Mining License” for stone quarry/grinding business from MME.
3.6. Party A shall not sell, auction, transfer, or lease this license to the third parties, or
pledge/mortgage this license with any bank.
3.7. Party A shall be responsible for only the operation of the company holding the license, any
necessary payment and arising tax payment, and including the tax on profit the operation for
stone quarry/grinding business including the fee for the mining site.
3.8. Party A shall be responsible to build an office for selling the stone mining and the warehouse
for storing the explosive substance. As per stated in this Agreement, Party A will not be
involved in any aspects of the stone quarry/grinding business.