Fuse Enterprises Inc.
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(Exact Name of Registrant as Specified in its Charter)
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Nevada
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333-202948
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47-1017473
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(State of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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444 E. Huntington Dr., Suite 105
Arcadia, CA 91006 |
(Address of principal executive offices)
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(626) 353-9991
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(Registrant’s telephone number, including area code)
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(d)
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Exhibits
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Exhibit No.
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Exhibit Title or Description
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10.1
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Fuse Enterprises Inc.
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Date: May 9, 2018
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By:
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/s/ Umesh Patel
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Umesh Patel
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Chief Executive Officer
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1.
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The fee for the development and maintenance of the project Mineral Mining Interactive Technology and Related Application Software Development is: $3 M USD, to be paid: 50% within 10 days of the execution of this Contract and 50% within 10 days of the completion of the Project after inspection and approval by Party A pursuant to Term 5 of this Contract.
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2.
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All travel expenses should be paid by Party A if Party A requests for such travels for training relevant staffs of Party A, daily operation, system installation and system development of the Project. Any expense that is over $2,000 should be preapproved by Party A.
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3.
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Mineral Mining Interactive Technology and Related Application Software Development should be completed within 3 months from the date this Contract is signed. If Party B fails to complete the Project within 3 months from the date of this Contract, including fails to pass the inspection under Term 5 below, Party A may request for losses and damages due to the delay. If Party B fails to complete the Project within 4 months from the date of this Contract, including fails to pass the inspection under Term 5 below, Party A may terminate this Contract and request for its total losses and damages due to delay and termination.
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1.
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Acceptance inspection:both parties shall jointly organize and participate the acceptance inspection for the Project.
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2.
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Acceptance of Project:(1) Installation acceptance (2) System and application acceptance
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3.
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Acceptance method:
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1.
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Any dispute, controversy, difference or claim arising out of or relating to this Agreement, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration administered by the Hong Kong International Arbitration Centre (HKIAC) under the HKIAC Administered Arbitration Rules in force when the Notice of Arbitration is submitted. The number of arbitrators shall be one. The arbitration proceedings shall be conducted in Hong Kong. The award of HKIAC shall be final and binding to both parties. This Contract shall be governed by and construed and enforced in accordance with the laws and regulations of Hong Kong, without regard to the principles of conflicts of law thereof.
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Party A:__________________
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Party B:_____________________
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Name: ___________________
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Name: _______________________
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Title: _____________________
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Title: _________________________
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Address:_________________
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Address:____________________
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Tel:_____________________
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Tel:_________________________
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Date:_____________________
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Date: _________________________
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