Beijing Tiannengbo Information Technology Co., Ltd.
地址:北京朝阳区太阳星城金星园甲 6 号楼 2022 室 邮编:10028 电话: 010-56855974
RM.2022 Bldg. A6, Jinxingyuan, Taiyangxingcheng, Chaoyang District, Beijing, China Postal Code:10028 Tel: 010-56855974
www.dualminer.com ,
www.ibelink.co1
iBeLinkTM DM11G SALES CONTRACT
Buyer: Contract NO:__DM11G-P000
Seller:_Beijing Tiannengbo Information Technology Co., Ltd.,___
This contract is made by and between the sellers and the buyers, following the relevant guidelines
and laws of the People's Republic of China; whereby the sellers agree to sell and the buyers agree
to buy the undermentioned goods according to the terms and conditions stipulated below and
overleaf:
(1) Name of the Commodity(ies) and Specification(s):
Name of
Commodity
Brand Model Unit Quantity Unit Price
(USD)
Sub. Total
(USD)
Shipment Deadline & Quantity
Month Day Year Quantity
X11 Cloud
Computing
Terminal
iBeLink DM11G Pcs 100 $4,998 $499,800 07 31 2017 100
Summary 100 $499,800
Total Amount (USD): Four Hundred Ninety Nine Thousand and Eight Hundred Dollars
* Technical Specs are shown in Appendix I.
(2) Product Quality Standard: Based on sellers' internal technical guidelines and passing CE &
FCC qualifications.
(3) Packaging Standard: Foam & cardboard boxes.
(4) Shipment Deadline: Sellers plan to ship the goods (FOB at Factory) on or before July 31st.,
2017. Buyers must have paid in full the Total Amount (indicated above) before the shipment time.
(5) Acceptance Procedure: Upon receiving the goods, Buyers must conduct acceptance tests
within 10 days. If any discrepancy is found during the acceptance test, Buyer must inform Seller
within 15 days. Failure to report product discrepancy will cause delay in the full operation of the
equipments.
(6) Payment Term and Timeline:Upon signing this contract, Buyer should pay for the
deposit (50% of the Total Amount): $249,900. Sellers expect to receive the fund on or before
April 30th, 2017 to guarantee the allocation of the goods in the 1st Batch. Before Shipment
北京天能博信息科技有限公司
Beijing Tiannengbo Information Technology Co., Ltd.
地址:北京朝阳区太阳星城金星园甲 6 号楼 2022 室 邮编:10028 电话: 010-56855974
RM.2022 Bldg. A6, Jinxingyuan, Taiyangxingcheng, Chaoyang District, Beijing, China Postal Code:10028 Tel: 010-56855974
www.dualminer.com ,
www.ibelink.co2
Deadline, Buyer must pay for the remaining balances to avoid any shipment delay.
(7) Penalty
(a) Sellers' Failure in Delivery :
(i) If Sellers provided goods with discrepancy in Brand, Model #, quality and specifications,
Buyers could choose to use the product with appropriate compensation from Sellers or simply
return the goods and receive full refund.
(ii) If Sellers fail to deliver by the Shipment Deadline, Sellers will pay for penalty of 0.1% per
day on the delayed part of goods to Buyers; If delay over 20 days, Buyers can request to void this
contract and asking for full refund. Sellers should carry out the refund without any delay.
(b) Buyers' Failure in Responsibility:
(i) If Buyers fail to receiving the goods, Sellers may request penalty of 0.1% per day for the
delayed part of goods.
(ii) If Buyers attempt to void the contract unilaterally, Buyers should compensate Sellers with
the appropriate loss. Buyers may not get full refund of the deposit.
(c) Any Party to change the contract with respect to quantity, specifications and Shipment
Deadline should seek agreement from the counter-party 15 days in advance. Unless new
agreement is achieved, this contract will be enforced in full in its original terms.
(
Product Warranty: Sellers provide 90 days of product warranty to Buyers. If Buyers caused
damage of the product due to inappropriate use (such as over clocking) or handling during
warranty period, Sellers will not be responsible for the repair under the warranty terms.
(9) Technical Services: Sellers is responsible for providing technical support and consultation
for Buyers regarding the use of the products. Questions on purchased goods should be replied
within 3 business days.
(10) Force Majeure: Neither party will be held responsible for the fulfillment of the contract due to
Force Majeure. Negotiation is the means to minimize any damage due to Force Majeure.
(11) Arbitration: Any disputes arising in connection with the Contract or the execution thereof
shall be settled by amicable negotiation. In case no settlement can be reached, the case at issue
shall then be submitted for arbitration to the China International Economic and Trade Arbitration
Commission in accordance with the provisions of the said Commission. The award by the said
Commission shall be deemed as final and binding upon both parties.
(12) Price Adjustment: When Sellers open its international sales through its websites, if the
initial listed price on Sellers' official website is below the current pre-order price, Sellers will
lower the pre-order price to match the web order price.
(13) This Contract will be effective upon signing by both parties. Two identical copies
will be provided , with one for Buyers and one for Sellers.
北京天能博信息科技有限公司
Beijing Tiannengbo Information Technology Co., Ltd.
地址:北京朝阳区太阳星城金星园甲 6 号楼 2022 室 邮编:10028 电话: 010-56855974
RM.2022 Bldg. A6, Jinxingyuan, Taiyangxingcheng, Chaoyang District, Beijing, China Postal Code:10028 Tel: 010-56855974
www.dualminer.com ,
www.ibelink.co3
Buyers: Sellers: 北京天能博信息科技有限公司
Beijing Tiannengbo Information Technology Co., Ltd.,
Address: Address:北京朝阳区太阳星城金星园甲 6 号楼 2202 室
RM 2202, Bldg. 6A Jinxingyuan Taiyangxingcheng
Chaoyang District, Beijing, China
Executive Name: Executive Name: Jun Zhu
Signature or Seal: Signature or Seal:
Position:____________ Position:____CEO_____________
Phone: Phone:___+86 181-3638-6138_____
Bank: Capitola Branch 909
1995 41st Ave
Capitola, CA 95010
USA
Citibank Account Number: 205203565
ABA/Routing Number: 321171184
SWIFT Code: CITI US 33 (required for
International Transfers)
Company BTC Wallet Address:
(BTC-USD Pricing based on Coinbase quotes)
Company Dash Wallet Address:
(Dash-BTC Pricing based on Poloniex quotes)
北京天能博信息科技有限公司
Beijing Tiannengbo Information Technology Co., Ltd.
地址:北京朝阳区太阳星城金星园甲 6 号楼 2022 室 邮编:10028 电话: 010-56855974
RM.2022 Bldg. A6, Jinxingyuan, Taiyangxingcheng, Chaoyang District, Beijing, China Postal Code:10028 Tel: 010-56855974
www.dualminer.com ,
www.ibelink.co4
Appendix I. Technical Specifications
Hash Function: X11
Hash Rate: 10.8 GH/s ±5%
Power Consumption: 750 W (at the wall, with 25°C ambient temp)
Power Efficiency: 0.07 J/MH (at the wall, with 25°C ambient temp)
Number of TNB0303 chips per unit:64
Operating Temperature: 0 °C to 40 °C
Network Connection: Ethernet
Power Supply: 110V to 240V, 50Hz/60Hz
Certifications: FCC, CE
Dimensions: 490mm(L)*350mm(W)*180mm(H)
Weight: 21kg