Tugas Membuat Purchase and Sale Agreement

NAME : NANDIKA AGUNG PUTRA BATARA

NUMBER  : 06

PURCHASE AND SALE AGREEMENT

This Purchase and sale Agreement (this “Agreement”) dated as of October 11, 2015, between :

Ducati Motor Holding, SpA, (“Seller”) a corporation duly organized and existing under the laws of Italy, Nandika Agung, UD, (“Buyer”) a corporation duly organized and existing under the laws of Indonesia.

Whereas,

  A.    The buyer proposes to buy motorcycle from the seller, and the seller proposes to sell per unit motorcycle to the buyer an aggregate amount of € 48.000 (forty eight thousand euro).

  B.     The buyer intends to use the motorcycle to racing competition.

Now, Therefore, the parties agree as follows:

Article 1

DEFINITIONS

In this Agreement :

1.1  “Banking Day” means a day that is a Italy Banking Day.

1.2   “Euro” or “€” means lawful money of the Italy.

1.3  “Effective Date” means the date on which This Agreement is Duly Executed By the Buyer and Seller.

1.4   “Parties” means both the Buyer and the Seller.

1.5  “Product” has the meaning as provided in Article 2 below.

Article 2

PRODUCTS

The Buyer agrees to buy 5 (Five) units of motorcycle to the Seller, with the specifications : Ducati brand, type superbike 1199 Panigale R, with engine capacity 1000 cc and red as shown in the ducati website.

Article 3

PRICE

The Seller agrees to sell motorcycles to Buyer, with specifications Ducati brand, type superbike 1199 Panigale R, with engine capacity of 1000 cc, with a price per units an aggregate amount of € 48.000 (forty eight thousand euro).

Article 4

COMMITMENT

4.1  Payment :

a.    Seller agrees to sell 5 (Five) units of motorcycles to Buyer and Buyer agrees to pay the entire price of per units motorcycle to Seller an aggregate amount of € 240.000 (Two hundred forty thousand euro).

b.    Buyer shall pay in cash the entire price of 5 units of motorcycles to the Seller no later than October 11, 2015.

4.2 Delivery :

a.    The Seller shall deliver 5 (five) units motorcycle to Buyers in good condition.

b.    The Seller shall deliver 5 (five) units motorcycle to the Buyer no later than October 25, 2015.

Article 5

EFFECTIVE DATE

This agreement comes into force and binding on the parties on October 11, 2015 and after the buyer pay off payment to seller.

Article 6

COVENANTS

6.1 The Seller agrees to use the aircraft to deliver 5 (five) units motorcycle to the Buyer.

6.2 The Seller shall deliver 5 (five) units motorcycle arrived at the Buyer's residence, which is located in Jl.Ir Soekarno no 5 Surabaya, Indonesia.

6.3 The Seller shall endure the risk that occurs during the delivery period.

Article 7

EVENT OF DEFAULT

7.1 Events of Default

if one or more of the following default occurs and continues, the Buyer is entitled to the remedies set out in section 7.2

a.    When 5 (five) units motorcycles by the Seller in this agreement delivered late or not delivered.

b.    When the 5 (five) units motorcycle has been sent the Seller does not comply with the specifications defined in this agreement.

c.    Seller fails to perform or observe the entire contents of this agreement and do not rectify a failure on or before the thirtieth day after it happened.

7.2  Remedies

a.    In the event of default continues to occur, the Seller must give notice to the Buyer.

b.    Declare the Buyer's obligation under this must be stopped and declared to the Seller to re-accelerate the delivery of all the motorcycles to Buyers

c.    If an event of default is not remedied within 30 days after the default occurs, the Buyer is entitled to cancel the agreement and refund payments

7.3  Right not exclusive

The rights granted here is to accumulate and are not exclusive of other rights, any rights or remedies provided by law

Executed as of the date stated on the first page of this agreement.

SELLER                                                                                 BUYER

Ducati Motor Holding, SpA.                                                  Nandika Agung, UD,

By : Claudio Domenicali                                                        By : Putra Batara

Title : Chief Executive Officer                                     Jl.Ir Soekarno no 5 Surabaya, Indonesia