DEALER AGREEMENT BETWEEN CONSTRUCTION LLC AND CHCNAV

The present Dealer agreement ("Agreement") is entered into by and between Shanghai HuaCe Navigation Technology
Ltd. a Chinese corporation and having its registered office at 577 Songying Road, Building C, Shanghai, 201703, China;
hereinafter referred to as « CHCNAV»

AND

Construction LLC an Armenia corporation having its registered office at Armenia, Norashen district, h.37, ap.57;
hereinafter referred to as «Dealer»

CHCNAV and Dealer being hereinafter referred to individually as "Party" and collectively as "Parties".

RECITALS
WHEREAS CHCNAV is a company having experience and capacities in the field of GPS/GNSS-based Solutions for the
Geospatial professional market.

WHEREAS CHCNAV and his Affiliates design, manufacture and sell such Products throughout the entire world.

WHEREAS CHCNAV is willing to have Construction LLC as a non-exclusive dealer of CHCNAV's Products in the Territory in
the Market Segment to enhance the sale of such Products;

WHEREAS Construction LLC declares that it has knowledge of the Product and has at its disposal qualified and skilled
personnel for marketing, sales and service;

WHEREAS the Parties have decided to enter into the Agreement for this purpose.

NOW THEREFORE it is agreed as follows:

AGREEMENT

1. DEFINITIONS 1.5 Products: shall mean the Products as listed in Exhibit

1.1 Agreement: shall mean the present document and
the following Exhibits:
• Exhibit 1: Products and Market Segment
• Exhibit 2: Territory
• Exhibit 3: Terms and conditions
• Exhibit 4: Dealer Terms
1.2 Client: shall mean all potential clients having their
head office or principal place of business in the
Territory and having their activity within the Market
Segment.
1.3 Market Segment: shall mean the end-user sector of
industry as defined in Exhibit 1
1.4 Order: shall mean any order for the Products placed
by the Dealer with CHCNAV.
1 including but not limited to GNSS systems, Total
Stations, Mobile Mapping systems, Marine systems,
Machine Control systems, Agriculture systems, GNSS
OEM Systems, software, spare parts and accessories.
The list of Products may be changed, added to or
subtracted from at any time by CHCNAV.
1.6 Territory: shall mean the territory as defined in
Exhibit 2.
1.7 Affiliate(s): shall mean (i) any company or other
entity which more than fifty percent (50%) of the
shares or securities representing the right to vote for
the election of directors (or other managing
authority), owned or controlled directly or indirectly,
by a Party hereto, (ii) or any company which owns or
controls directly or indirectly at least fifty percent
(50%) of the shares or securities representing the

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 DEALER AGREEMENT BETWEEN CONSTRUCTION LLC AND CHCNAV
right to vote for the election of directors (or other
managing authority), of a Party.
2. PURPOSE OF THE AGREEMENT
2.1 The purpose of the Agreement is to define the terms
and conditions under which CHCNAV and Dealer will
co-operate for the sale of CHCNAV's Products within
the Market Segment in the Territory. By the
Agreement CHCNAV appoints Dealer, which accepts,
as its non-exclusive Dealer for the sale of Products
within the Market Segment to all potential clients
having their head office or principal place of business
in the Territory.
2.2 CHCNAV is entitled to modify the Products and/or
stop, at any moment, the manufacture or the sale of
one or more Products, and shall accordingly inform
Dealer as soon as possible. It is understood that
orders accepted by CHCNAV prior to such stopping
shall be performed if possible.
3. RELATIONSHIPS BETWEEN THE PARTIES
The relationships between CHCNAV and the Dealer shall
be that of a supplier to an independent contractor
purchasing the Products from CHCNAV and reselling and
in some cases renting the same in the name and on behalf
of the Dealer under their original trademarks. The
Agreement does not in any way create the relationship of
principal and agent, or any similar relationship, between
CHCNAV and the Dealer.
Dealer shall be fully responsible for its activity and its
performance and Dealer shall bear all costs and expenses.
Dealer shall not be qualified to make any offer, to accept
any purchase order, to sign any agreement on behalf of
CHCNAV nor generally to commit CHCNAV in any way
whatsoever without CHCNAV's prior written agreement.
4. SUB-DEALERS
The Dealer shall operate directly with Clients and shall not
have the right to appoint any third party to act as a sub-
Dealer without prior written approval of CHCNAV.
In any case, the Dealer shall be and remain responsible for
the acts and expenses of its sub-Dealers.
5. SALE OF THE PRODUCTS TO THE DEALER
5.1 Any Order for the Products placed by the Dealer with
CHCNAV shall be in writing and shall indicate:
• complete reference of the Products ordered,
• quantity per type of Products,
• the requested delivery time,
• the agreed upon price Ex Work (Incoterms 2020)
or other Incoterms conditions when requested,
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• any other special conditions agreed upon by the
Parties.
Each Order shall become final only upon written
acknowledgment of their receipt by CHCNAV.
5.2 All Orders shall be governed by the terms and
conditions of the Agreement and by CHCNAV's
general conditions of sale attached hereto as Exhibit
3 and thereby made an integral part hereof. No other
conditions shall be applicable unless expressly agreed
in writing by CHCNAV.
6. FINANCIAL CONDITIONS
6.1 Prices and discounts: CHCNAV will sell the Products
to the Dealer at such prices as are determined in
accordance with Exhibit 4. The prices quoted by
CHCNAV will be EX WORKS (Incoterms 2020) unless
otherwise specifically agreed upon. All quoted prices
will be in USD, which shall be the billing and payment
currency, unless otherwise agreed on a case by case
basis between the Parties. CHCNAV will keep Dealer
informed of any changes or additions made from
time to time in its list prices, or discount schedules,
and CHCNAV reserves the right to change such prices
or discounts from time to time, upon thirty (30) days’
notice to Dealer to that effect, by written notice,
provided no change in amounts charged to Dealer
shall apply to the Products which have been ordered
by Dealer prior to the effective date of such change.
CHCNAV agrees to grant a special discount off its list
price for demonstration Product. The Dealer shall
retain and use each such demonstration Product for
at least twelve (12) months.
6.2 Conditions of Payment: Dealer shall pay CHCNAV in
full for all Products ordered at conditions defined in
Exhibit 4. Payment shall include any additional
charges, taxes, fees and other amounts payable by
the Dealer under this Agreement. Notwithstanding
the foregoing, the company may choose to limit or
extend credit to Dealer on such terms and conditions
as the CHCNAV may specify: provided, however, that
CHCNAV may revoke any such credit terms at any
time, at the CHCNAV's sole discretion' .Any other
method of payment shall be mutually agreed by the
Parties.
6.3 Dealer's remuneration under this Article, shall be an
all-inclusive outright payment and Dealer shall not be
entitled to any further reimbursement for any cost or
expense whatsoever that may be exposed by Dealer
in the course of the performance of the Agreement,
unless otherwise agreed in writing between the
Parties.
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 DEALER AGREEMENT BETWEEN CONSTRUCTION LLC AND CHCNAV
7. DELIVERY-TRANSFER OF TITLE-TRANSFER OF RISKS
7.1 The Products shall be delivered to the Dealer Ex
Works (Incoterms of the International Chamber of
Commerce 2020 Edition), or any other Incoterm
agreed upon by the Parties in the Order.
7.2 The Products shall remain the property of CHCNAV
until it has received full payment, notwithstanding
their delivery to the Client. Upon Dealer’s failure to
make payment by any due date, CHCNAV may retake
possession of the Products delivered.
8. WARRANTY
Products are warranted by CHCNAV in accordance with
CHCNAV's warranty conditions as set forth in Exhibit 3.
Special warranty conditions may be specified on a case by
case basis under an Order subject to mutual agreement
of the Parties.
In case the Dealer receives a warranty claim from a Client
it must beforehand check before forwarding the faulty
Product to a service center, whether or not such claim is
covered by CHCNAV's warranty under the corresponding
Order. In any case the Dealer shall not return or give the
authorization for the return of Products to CHCNAV
without CHCNAV's prior written approval.
9. DEALER’S OBLIGATIONS
Throughout the term of the Agreement and in addition to
the other provisions herein contained, the Dealer shall:
9.1 use its best endeavors to promote, advertise, sell and
increase the sales of the Products in the Territory,
9.2 provide, install and maintain all necessary means
therefore as well as for warranty, maintenance and
servicing of the Products in a manner consistent with
promoting the reputation of and confidence in the
Products and CHCNAV, and notably:
- maintain highly qualified and well-trained
personnel for marketing, sale, and maintenance
of the Products,
- constitute and maintain an adequate batch of
spare parts for proper maintenance of the
Products. In the event of termination as a result
of force majeure, the Parties shall reach an
agreement on the possible return of the goods in
the mutual interest of both Parties.
9.3 provide on a quarterly basis, and at such other times
as may be requested by CHCNAV, a brief but
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comprehensive report with respect to the following
matters in the Territory:
- meetings with Clients or potential Clients which
involve or might involve significant business
opportunities,
- the competitive situation for the Products,
including the activities of the main competitors,
- general business, economic and political
conditions in so far as they affect potential sales,
problem areas and such other matters as may
from time to time be designated by CHCNAV,
9.4 Provide to its Clients warranty of the Products using
same warranty conditions as those set forth in
CHCNAV's general conditions of sale attached hereto
in Exhibit 3, without varying any of its terms or
provisions, and any required support technical
assistance (installation, maintenance etc..).Dealer
shall indemnify and hold CHCNAV harmless for any
claim from third parties regarding a Product resulting
from any maintenance action or related to the
installation by the Dealer of any equipment totally or
partially including the Products.
9.5 promptly and from time to time advise of and
communicate to CHCNAV all local laws, technical
and/or administrative requirements or regulations
applicable to CHCNAV and/or the Products under the
Agreement, or which may be anticipated to become
applicable, to enable CHCNAV to fully comply
therewith,
9.6 not alter, obscure, remove, conceal or interfere with
any markings, name plates or other forms of
identification placed on the Products,
9.7 take all the useful and necessary steps to obtain any
and all authorizations and approvals required to
commercialize the Products in the Territory (if any is
necessary) and forward a copy of any such
authorization and/or approval to CHCNAV within
thirty (30) days of their being granted,
9.8 inform all its employees, consultants and agents, of
all the terms and conditions of the Agreement and be
fully responsible for their following these terms and
conditions.
9.9 Dealer acknowledges that it is aware of the
provisions of the OECD Convention dated November
21, 1997 relative to combating bribery of foreign
public officials in international business transactions
and shall fully comply with it. Dealer shall make its
managers and its employees respect the foregoing
provisions.
9.10 Dealer undertakes to comply with all applicable
import and export regulations in force in the Territory
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 DEALER AGREEMENT BETWEEN CONSTRUCTION LLC AND CHCNAV
and obtaining all necessary import and export
licenses or permits for the re-export of any Products.
Dealer hereby acknowledges and agrees that the
Products or Proprietary Information may be subject
to export controls under the laws and regulation of
the United States, European Union, China or other
countries from time to time. Under this Agreement,
Dealer shall comply strictly with all legal
requirements concerning the United States,
European Union, China or other countries Product’s
export control on any restricted or prohibited
destination. Each Party agrees that it will not export,
directly or indirectly, any Proprietary Information
from the Disclosing Party under this Agreement or to
a location or in a manner that at the time of export
requires an export license or other governmental
approval, without first obtaining the written consent
to do so from the Disclosing Party.
10. CHCNAV’S OBLIGATIONS
Throughout the term of the Agreement and in addition to
the other provisions herein contained CHCNAV shall:
10.1 give the Dealer a reasonable advance notice that it
will stop manufacture and sale of any of the
Products. Such interruption of marketing shall not
give rise to any right of indemnity in favor of the
Dealer.
10.2 give the Dealer a reasonable advance notice in case
of delay in the delivery of Products.
10.3 give the Dealer a reasonable advance notice prior to
the technical specifications of an existing standard
Product being modified or altered,
10.4 endeavor to quote as shortly as possible delivery
time periods for Products,
10.5 supply the Dealer, upon its written request, with any
relevant commercial and technical information it
may require, which could have any relevance on the
competitive situation of the Products inside the
Territory,
10.6 send members of its personnel to visit the Territory
and assist the Dealer in the sale and promotion of
the Products as may be reasonably agreed upon
between the Parties from time to time,
10.7 supply the Dealer, under conditions to be negotiated,
with such technical and commercial data and
literature in English as is reasonably considered
sufficient for such sales promotion in the Territory.
Technical documentation specifically issued for the
Products, including operation manual, installation
and maintenance manual shall be provided to the
Dealer upon the following conditions:
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- The Dealer has the right to use or reproduce this
documentation to produce its’ own technical
manuals or other literature relating to the
Products.
- The name and trademark of CHCNAV shall not be
removed from texts.
10.8 provide without charge a technical training course
(in the English language) for up to three (3) qualified
engineers/technicians regarding operation and
maintenance of the Products. This training will be
provided on CHCNAV’s premises and or in Dealer’s
premises (travel expenses of the Dealer’s personnel
attending training courses shall be borne by the
Dealer).
10.9 provide specific technical assistance for each
Product, upon request of the Dealer and under
conditions to be defined on a case by case basis.
11. PUBLICITY AND DOCUMENTATION
11.1 CHCNAV and Dealer will agree periodically on
publicity programs and on promotion of the
Products.
11.2 CHCNAV may assist Dealer by sending promotional
supports for professional expositions or seminars.
11.3 Any and all costs for translation in another language
than English shall be borne by Dealer, unless
otherwise agreed in writing between the Parties.
CHCNAV shall have the right to use such translation
and may reproduce it at its own expense for its own
use.
11.4 CHCNAV and Dealer will agree on the budget
eventually granted by CHCNAV on promotional
action agreed between the two Parties.
11.5 Dealer will establish and update the name and
address of the Client with the name of people
responsible so that CHCNAV can send
documentation to said people.
12. CONFIDENTIALITY
The Dealer agrees to keep confidential all technical
information made available to it by CHCNAV, except
insofar as disclosure is required as a part of the Dealer's
activities hereunder. The Dealer shall also keep
confidential in each case, all information concerning
business and marketing plans and strategies of CHCNAV,
especially the price information to any third party, which
may be disclosed to any third party. Material found in
commercial literature shall not be deemed confidential.
The Dealer's obligations under this Article 12 shall survive
until five (5) years after the later of the termination of the
Agreement.
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 DEALER AGREEMENT BETWEEN CONSTRUCTION LLC AND CHCNAV
The Dealer undertakes to cause its sub-Dealers, if any, to
be bound by same obligations of confidentiality by
written agreement agreeable to CHCNAV.
13. PROPRIETARY INFORMATION
The Receiving Party undertakes on first demand or upon
expiration or termination of this Agreement to cease
using the Proprietary Information and to return or
irrevocably destroy (state of the art destruction / erasure)
all copies of Proprietary Information reduced to writing
(or other permanent form) and to irrevocably destroy all
notes and any other written reports or documents which
may have been made by the Receiving Party to the extent
they contain any part of or reference to the Proprietary
Information in whole or part. Upon request of the
Disclosing Party, the Receiving Party shall certify in writing
that such actions have been executed. Notwithstanding
the foregoing, the Receiving Party shall be permitted to
retain such Proprietary Information (i) if authorized in
writing by the Disclosing Party, or (ii) if strictly necessary
to complete any outstanding obligations relating to the
Agreement (thereafter, such Proprietary Information
shall be returned or irrevocably destroyed as
aforementioned), or (iii) any computer records or files
containing such Proprietary Information that have been
created solely by automatic archiving and back-up
procedures, to the extend created and retained in a
manner consistent with Receiving Party’s standard
archiving and back-up procedures and provided that
Receiving Party shall make no further use of such copies.
In providing Proprietary Information, the Disclosing Party
makes no representation, warranty, assurance, or
inducement, express or implied, as to its adequacy,
sufficiency or freedom from defect of any kind. The
Disclosing Party shall not be liable for the use of the
Proprietary Information by the Receiving Party.
In the course of the Agreement, each Party shall comply
with the respective legal requirements regarding data
protection applicable to it, including but not limited to the
GDPR (General Data Protection Regulation) and local data
protection laws and regulations. In particular, the
Disclosing Party shall ensure that information, which is
subject to this Agreement, is made available in
compliance with statutory and contractual requirements
and that any statutory and/or contractual obligations to
inform third parties are fulfilled. Each Party shall defend
the other Party against and hold it harmless from claims
of third parties, which are raised against the other Party
due to a violation of such obligations.
14. SOFTWARE USE
Subject to the rights of third parties, all software provided
to the Dealer with the Product shall remain the exclusive
property of CHCNAV. CHCNAV grants to the Dealer a non-
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exclusive right, non-transferable to another Product, to
use the software. The software may not be reproduced in
whole or in part and may not be modified without the
prior written consent of CHCNAV. Subject to legal
provisions, reverse engineering is formally forbidden.
The software used by the Dealer for the Products shall be
the latest release of the software issued by CHCNAV there
under. New release will be provided by CHCNAV free of
charge in such case they include minor functional
improvements. Any new release including substantial
improvements, modifications or enhancements in
performance or functionality to the software will be
provided under terms and conditions to be negotiated by
both parties.
15. USE OF NAME AND TRADEMARKS
15.1 Dealer shall not use the name, trademarks, trade
names and logos of CHCNAV on any letter headings,
advertisements, catalogues or otherwise except for
the purpose of promoting and selling the Products.
15.2 Dealer agrees that it shall not acquire hereunder any
general license or any other right, title or interest in
or to any trademark, trade name, website and social
domain names, copyrights or other intangible
property rights of CHCNAV.
15.3 Dealer shall promptly notify CHCNAV, in writing, of
any and all infringements, imitations, illegal use or
misuse of the trademarks, trade names and logos of
CHCNAV, patents or other proprietary rights of
CHCNAV which shall come to Dealer's attention.
16. IMPORT AND EXPORT TAXES AND DUTIES
All taxes and duties with respect to the sale of the
Products by CHCNAV to the Dealer shall be borne by the
Parties as described in the Ex Works Incoterm or any
other Incoterm agreed upon by the Parties.
17. COMING INTO FORCE – DURATION
The Agreement shall come into force at the date of
signature by both Parties. The initial term of this
Agreement shall commence on the effective date hereof
and shall continue until termination.
18. TERMINATION
18.1 Termination for convenience: Either Party reserves
the right to terminate the Agreement by operation
of law or otherwise and without demand, at any
time, and for any or no reason, by giving three (3)
months’ notice by registered letter or express
delivery service to the other Party, without any right
for the other Party to claim for damages.
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 DEALER AGREEMENT BETWEEN CONSTRUCTION LLC AND CHCNAV
18.2 Other termination: CHCNAV shall be entitled to
terminate the Agreement by operation of law or
otherwise and without demand, without any right
for Dealer to claim for damages, such termination
being effective automatically one (1) month after
CHCNAV’s notice by registered letter or express
delivery service to that effect under any of the
following circumstances:
- upon Dealer's filing of a petition in bankruptcy or
insolvency or upon any adjudication that Dealer
is bankrupt or insolvent;
- upon Dealer's failing in the performance of its
commitments of Article 9 or Exhibit 4 - Article A;
- upon Dealer's failing in the performance of any
other of its commitments under the Agreement
(without prejudice to CHCNAV's entitlement for
damages, if any) ; however in this case the notice
shall contain a formal notice allowing Dealer to
meet its commitments within such one month
delay.
18.3 Effect of Termination:
18.3.1 Upon termination of the Agreement, the Dealer
shall without delay and at its own costs return all
advertising material, documentation and
brochures of any kind furnished by CHCNAV.
18.3.2 Notwithstanding termination, the relevant
provisions of the Agreement shall remain in
force and effect to govern Orders entered into
force prior to such term or termination until
their full performance, unless cancellation of
such Orders by CHCNAV as set forth in the above
paragraph.
18.3.3 In the event of termination of the Agreement the
Dealer shall have no claim against CHCNAV to
any indemnification, compensation or
consequential damages of any kind whether as a
result of a loss by the Dealer of present or
prospective profits, expenditures, investment,
commitments made in connection with the
Agreement or on account of any other reason or
cause whatsoever.
18.3.4 Upon termination of the Agreement, the Parties
may choose to continue their business
relationships, without entering into another
distribution agreement. In such a case, it is
expressly understood that either Party shall be
relieved from complying with any obligations
imposed in the Agreement. The relationships
between CHCNAV and the Dealer will not be that
of a supplier to a Dealer but that of an
independent seller to an independent purchaser
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which will decide on the terms and conditions
applicable for each order on a case by case basis.
19. LAW - SETTLEMENT OF DISPUTES
19.1 The contract shall in all respect be construed and
operated as an English contract in conformity with
the laws of People’s Republic of China.
19.2 Any disputes arising front or the connection with the
Agreement, which the Parties are unable to
amicably settled within thirty (30) days from notice
of such dispute by one Party to the other (or such
other period as may be mutually agreed upon), shall
be submitted to the China International Economic
and Trade Arbitration Commission in Shanghai
(China) for arbitration which shall be conducted in
accordance with the Commission’s Arbitration Rules.
The arbitral award is final and binding upon both
parties. The arbitration shall be conducted in the
English language. The award of the arbitrators shall
be final and binding, subject to neither appeal nor
confirmation. Each Party represents that the
arbitration award can be entered and enforced
under its national law in any court of competent
jurisdiction.
20. MISCELLANEOUS
20.1 Assignment: The Dealer may not assign or transfer
any of its rights and obligations under the
Agreement without the prior written consent of
CHCNAV.
20.2 Entire agreement: The Agreement supersedes and
cancels all prior representations, negotiations,
commitments, undertakings, communications oral
or written, acceptance, understandings and
agreements between the Parties with respect to its
purpose.
20.3 Discrepancy: In case of discrepancy between this
text and any of its Exhibits, the present text shall
prevail.
20.4 Severability: If any of the provisions of the
Agreement is found by an arbitrator, court or other
competent authority to be void or unenforceable,
such provision shall be deemed deleted from the
Agreement and the remaining provisions of the
Agreement shall continue in full force and effect.
Should the deleted provision be a substantial one,
the Parties shall meet to mutually agree upon the
terms of a mutually satisfactory provision to be
substituted for the deleted one.
20.5 Amendment: The Agreement shall not be modified
or supplemented except by way of an amendment
executed by both Parties.
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20.6 Enforcement of provisions: The failure of either
Party to enforce at any time any of the provisions of
the Agreement or to exercise any option herein
provided or to require at any time performance by
the other Party of any provision hereof shall in no
way be construed to be a waiver of such provision
nor in no way affect the validity of the Agreement or
any part thereof or the right of such Party to enforce
each and every provision of the Agreement.
20.7 Headings: The headings used in the Agreement are
for convenience only and shall not affect the
interpretation of the provisions which they
introduce.
20.8 Limitation of liability: Notwithstanding anything to
the contrary contained herein, in no case shall
CHCNAV be liable for any special, incidental, or
consequential damages arising directly or indirectly
out of the ownership, use or operation of the
product, regardless of whether such damages are
predicated or based upon breach of warranty,
breach of contract, negligence, strict tort, or any
other legal theory. Such damages include, but are
not limited to, loss of profits, loss of savings or
revenue, loss of use of the product or any associated
equipment, cost of capital, cost of any substitute
equipment, facilities or services, the claims of third
parties, including Clients and injury to property even
if CHCNAV has been advised of the possibility of such
damages. In no event shall CHCNAV liability,
whether based on an action or claim in contract or
tort or otherwise, to Dealer or Client arising out of
or related to this document exceed 10% of the
aggregate price of the products purchased and paid
for by Dealer hereunder. Any action arising out of
the sale of products must be commenced within 12
months after the cause of action has been accrued
or shall thereafter be forever barred.
20.9 Force Majeure: Neither Party shall be liable to the
other Party for any loss, injury, delay, damages, or
other casualty suffered or incurred by such other
Party due to strikes, riots, storms, earthquakes, fires,
explosions, acts of God, war, governmental action
and omission (including, without limitation,
governmental actions or omissions affecting the
Global Navigation Satellite System generally),
pandemic, inability to obtain components from
suppliers, suppliers’ failure to supply due to force
majeure, shortage of supplies, or any other similar
cause which is beyond the reasonable control of
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such Party or provides an excuse under applicable
laws. Any failure or delay by either Party in the
performance of any obligations under this
Agreement due to one or more of the foregoing
causes shall not be considered to be a breach of this
Agreement. A Party subject to a force majeure event
shall promptly notify the other giving details of the
nature of the event and the expected period of its
duration. If any of the events of force majeure
continue for more than ninety (90) days, either Party
may serve notice on the other terminating this
Agreement, without liability to the other Party.
20.10 Language: English language shall be used in all
communications between the Parties under the
Agreement and any Order with respect to all
communications and documents.
20.11 Notices: For all cases where the registered letter
or express courier service with acknowledgement of
receipt is not formally required, all written
notifications between CHCNAV and the Dealer
relating to the execution of the Agreement shall be
addressed by letter, fax or electronic mail to the
following addresses:
For CHCNAV:
Attention of Mr. Gu Hongliang
Shanghai HuaCe Navigation Technology Ltd., 577
Songying Road, Building C, Shanghai, 201703, China
Phone : +86 21 542 60 273
E-mail : sales@chcnav.com
For Dealer:
Attention of Mr. Tigran Khechoyan
Armenia, Norashen district, h. 37, ap. 57
Phone: +374 95111083
E-mail: consultation.llc@yandex.ru
Each Party is entitled to replace or nominate another
person within his own organization to be the contact
for the other Party. Any replacement or new
nomination by either of the Parties shall be notified
to the other Party in writing by fax or electronic mail.
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 DEALER AGREEMENT BETWEEN CONSTRUCTION LLC AND CHCNAV

Done in two original copies.

IN WITNESS WHEREOF, the parties have caused this Dealer Agreement to be executed by their duly authorized
representatives as of the Effective Date: 21st March, 2024

For CHCNAV For Dealer

Gu Hongliang Tigran Khechoyan

General Manager Director
Shanghai Huace Navigation Technology Ltd Construction LLC

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