CONTRATO DE COMPRAVENTA Y PRESTACION DE SERVICIOS

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CLAUSES

FIRST. OBJECTIVE: THE CONTRACTOR commits to sell and install musical instruments and audiovisual aids to THE CONTRACTING PARTY The Church of D.A.

SECOND. DUTIES OF THE PARTIES: THE CONTRACTOR commits to:

- Deliver and install musical instruments and audiovisual aids on the date, time and place requested by THE CONTRACTING PARTY.

1.1 If at the time of the installation, the property requires modifications or gets damaged, this will be paid by the CONTRACTOR.

- Warrant the quality of the delivered goods, if one or more of the delivered goods is damaged it will be replaced immediately.

2.1 Each musical instrument and audiovisual aid has a warranty of one (1) year.

2.2 If one of the goods is changed in the period of one (1) year, the warranty will be renewed from the date it was replaced.

2.3 If the delivered goods are repaired by unauthorized technicians or people, they will immediately lose their warranty.

- Fulfill the objective of the contract on the agreed-upon terms.

- Inform opportunely of any situation that may affect the proper execution of this contract.

THE CONTRACTING PARTY commits to:

- Request in writing the delivery and installation of the goods according to the features offered.

- Issue an evidence of the compliance of the contract.

THIRD. COST AND PAYMENT METHOD: This contract has a cost of $ 22.942.878 (twenty-two million nine hundred forty-two thousand eight hundred seventy-eight pesos) that shall be paid in the following way: THE CONTRACTING PARTY shall pay to THE CONTRACTOR in a single payment at the end of the contract, after the delivery and installation of 100% of the goods described on this contract, upon presentation of the invoice or billing statement with their respective supports linking the items delivered and approval of THE CONTRACTING PARTY.

FOURTH. TERM OF COMPLETION: THE CONTRACTOR will have fifteen (15) days counted from the underwriting of this contract to deliver and install the musical instruments and audiovisual aids described on this contract.

FIFTH. NON-COMPLIANCE: Non-compliance by THE CONTRACTOR in the development of the activities for THE CONTRACTING PARTY will be ground to declare the termination of this contract.

SIXTH. BILATERAL EARLY TERMINATION: THE PARTIES by mutual agreement will be able to terminate the contract prior to the expiry of the contract, for which effect a minute will be undersigned as an evidence of this.

SEVENTH. LOCATION AND APPLICABLE LAW: The location shall be the city of Cartagena de Indias, Colombia. This agreement along with the obligations of THE PARTIES, shall be governed and construed in accordance to Colombian law.

This agreement is hereby signed at the city of Cartagena de Indias on seventeen (17) in the month of May two thousand sixteen (2016)

THE CONTRACTING PARTY

_______________________________

DANIEL ARBOLEDA

C.C. 4.028.457

Legal Representative of The Church of D.A

THE CONTRACTOR

__________________________

MARIA ANGELICA DIAZ HERNANDEZ

C.C. 1.047.473.972.

Legal Representative of JMK Audiovisuals S.A.S

BUDGET

BUDGET

Product

Price

1

Keyboard Novation Launchkey

$ 670.000,00

2

Yamaha Stage Custom Drum set

$ 3.500.000,00

3

Ibáñez PF15 Acoustic Guitar

$ 680.000,00

4

Fender Squier Electric Guitar

$ 1.356.090,00

5

Fender Champion100 Amplifier

$ 1.292.480,00

6

Meinl Congas set

$ 1.498.000,00

7

Meinl TA2B-AB Tambourine

$ 158.008,00

8

Yamaha MG16 Mixer

$ 1.650.000,00

9

Yamaha DBR10 Loudspeaker(2unds)

$ 3.500.000,00

10

Sennheiser E835 Microphone (2 unds)

$ 620.000,00

11

Epson PowerLite W-17 Video Beam

$ 1.500.000,00

12

Projection Screen (180 x 180 cm)

$ 188.300,00

13

Laser Light Projector

$ 80.000,00

14

Publicity

$ 750.000,00

15

Contractor's Payment