letter of intent representative: xxxxxx party b: gree electric appliances, inc. of zhuhai, with address as 6th, jinji rd, zhuhai city, guangdong province, china, tel: +86-756-8669500, fax: +86-756-8669623, contacts: 1. general principles with good wills and after business negotiation, both party a and party b as mentioned above, agree to start the cooperation on the air conditioning project , according to following terms and conditions. party b is mainly responsible for the design, select the equipment, supply the ac equipment and auxiliary material, technical service and support according the later formal contract for the mentioned project. 2. obligations of both parties 2.1 obligation of party a: 2.1.1 prepare the responsible management structure for this project; update the project situation with party b; 2.1.2 prepare invitation letter for party b, 2.1.3 arrange the project pre-investigation local activities, and do the necessary assistance for persons from party b during their visiting to the project; 2.1.4 arrange working permit or license of party b is necessary; 2.1.5 arrange proper deposit (10% of quotation) to confirm the cooperation intention; this deposit is refundable if both parties failed to sign the formal contract. 2.1.6 help to confirm the availability required on site working tools and appliances which are showed in on the listed issued by party b; 2.2 obligation of party b: 2.2.2 consider fully party a’ s request and special condition of the project, provide professional suggestion and proposals for party a to choose the most propitiate one. party 2.2.3 prepare and update project quotation, the quotation can be divided into several parts like ac equipment part, auxiliary material pa...
