LOI Oracle ERP Upgrade 04.22.21 - Signed

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Mr.

Mario Albujar
Sistemas QBit SA
Av. El Derby 254 – Of. 2501
Santiago de Surco – Lima -Perú

Dear Mr. Albujar:

We are pleased to communicate that Claro Enterprise Solutions, LLC (CES) has decided to award
Sistemas QBit SA (Qbit) the contract for Professional Services of the following project:

• Oracle ERP Cloud – Implementation Project

Such award is contingent upon the successfully completing the agreement to the technical, commercial,
and economic conditions proposed by Qbit.

Item Amount
Functional Scope Implementation USD 250,000
Technical Scope Implementation USD 135,000
TOTAL USD 385,000

The total estimation of USD $385,000 for this contract, as well as the terms and conditions, will be
incorporated into the Statement of Work document, which establishes the rights and obligations of both
parties to the scope and resources listed in the above-mentioned table with a projected start date of May
the 3rd, 2021.

Qbit will provide the stated scope as follows:

Functional Scope Implementation:


• Oracle Fusion Enterprise Resource Planning Cloud Service
o Projects
o Receivables
o Advanced Collections
o Cash Management
o General Ledger
o Fixed Assets
o Account Payables
• Oracle Fusion Procurement Cloud Service
o Purchasing
o Procurement Contracts
o Sourcing
o Supplier Portal
Oracle Fusion Procurement for Self-Service Cloud Service

o Self-Service Procurement
• Oracle Fusion Supply Chain Execution Cloud Service
o Inventory Management
o Maintenance
Technical Scope Implementation:
o Functional Scope: Only items marked as “Extension”.
o General Billing Templates Solution Requirements
o Extended Asset Tracking Solution Requirements
o Integrations
o Reports and Data Sources
o Extended Forms and Processes
o Customizations

In case the agreement, for any reason, cannot be formalized and signed by both parties, this
communication will be deemed invalid and therefore both CES and Qbit shall be released from any
obligations, responsibilities.

Sincerely,

Luis Segovia
________________________________________
Claro Enterprise Solutions, LLC
Luis Segovia
Vice President of Finance
Date: 04/23/2021

Signature: Luis Segovia


Luis Segovia (Apr 22, 2021 17:46 EDT)

Email: luis.segovia@usclaro.com
LOI Oracle ERP Upgrade 04.22.21
Final Audit Report 2021-04-22

Created: 2021-04-22

By: Christina Crespo (Christina.Crespo-Vidal@usclaro.com)

Status: Signed

Transaction ID: CBJCHBCAABAAEE9nN3fbb5YU6cQmUsk9EItn8lBmdxfh

"LOI Oracle ERP Upgrade 04.22.21" History


Document created by Christina Crespo (Christina.Crespo-Vidal@usclaro.com)
2021-04-22 - 9:30:12 PM GMT- IP address: 76.243.201.72

Document emailed to Luis Segovia (luis.segovia@usclaro.com) for signature


2021-04-22 - 9:30:36 PM GMT

Email viewed by Luis Segovia (luis.segovia@usclaro.com)


2021-04-22 - 9:38:10 PM GMT- IP address: 45.41.142.220

Document e-signed by Luis Segovia (luis.segovia@usclaro.com)


Signature Date: 2021-04-22 - 9:46:11 PM GMT - Time Source: server- IP address: 174.228.41.45

Agreement completed.
2021-04-22 - 9:46:11 PM GMT

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