Exhibit 10.1

 

Uhde

 

[g204151kk01i001.gif]

 

March 5, 2012

 

Mr. Gerald R. Cysewski, Ph.D.

Cyanotech Corporation

73-4460 Queen Kaahumanu Hwy. Suite 102

Kailua-Kona, HI 96740

 

Re:        200 Litre 1000 bar SFE Production Plant

Uhde Ref. No. 54-96-01304, Rev. 03

 

Dear Dr. Cysewski:

 

We are enclosing our revised quotation for skid-mounted 200 litre 1000 bar SFE
production plants with different quantities of extractors, two separators and a
C02 recirculation system and we hope that it will meet with your requirements.

 

If you require further information, please do not hesitate to contact us. We
will be glad to give expert advice at any time.

 

Best regards,

 

Uhde Corporation of America

 

/s/ Eric S. Lipscomb

 

Eric S. Lipscomb

 

Vice President, Finance & Administration

 

 

 

1304/Proposal Rev03 03052012

 

Enclosures

 

 

Uhde Corporation of America

A company of ThyssenKrupp USA,Inc.

 

1370 Washington Pike

Bridgeville, PA  15017

Telephone:(412) 257-8277  Fax:(412)257-8344

E·mail:  uhde@thyssenkrupo.com

www.uhde-corporatlon.com

 

--------------------------------------------------------------------------------

 

Supercritical Fluids  Extraction Production Plant

 

for

 

HIGH PRESSURE EXTRACTION OF NATURAL PRODUCTS

 

using

 

SUPERCRITICAL C02

 

prepared for

 

CYANOTECH CORPORATION

(CLIENT)

 

by

 

UHDE CORPORATION OF AMERICA

(UHDE)

 

Uhde Ref. No. 54-96-01304, Rev. 03

 

2

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TABLE OF CONTENTS

 

1

Commercial Part 

4

1.1

1x 200L SFE Production Plant

4

1.2

2x 200L SFE Production Plant

4

1.3

Packaging and Shipment

4

1.4

Start-up Assistance

4

1.5

Optional later Addition of second Extractor

4

1.6

Optional later Addition of third Extractor

5

1.7

Packaging and Shipment

5

1.8

Site Assembly and Re-commissioning

5

2

Technical Part

8

2.1

Intended Use

8

2.2

Design and Quality Criteria

8

2.3

Operating Data

9

2.4

Technical Data

9

3

Scope of Supply and Services

11

3.1

200L SFE Production Plant’s Equipment

11

3.2

Scope of Services

14

4

Exclusions

17

5

Start-up Assistance

18

6

Plant Revamp

18

Attachments

19

 

3

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1

 

Commercial Part

 

 

 

 

 

 

 

1.1

 

1x 200L SFE Production Plant

 

 

 

 

***

***

***

***

***

 

 

 

 

 

 

 

 

 

Price:

 

***

 

 

 

 

 

1.2

 

2x 200L SFE Production Plant

comprising two extractors (30C1001 & 30C2001), (two separators), (C0)2 (buffer
tank), (C0)2 (pump), (heat) exchangers, corresponding piping and valves,
instrumentation & control system and steel structure, as per technical
description, PFD & Equipment List

 

 

 

 

 

 

 

 

 

Price:

 

***

 

 

 

 

 

1.3

 

Packaging and Shipment

 

 

 

 

Packaging and shipment of the equipment (item 1.1 or 1.2), DAP Kailua-Kona, HI
96740, U.S.A. acc. to INCOTERMS 2010

 

 

 

 

 

 

 

 

 

Price:

 

***

 

 

 

 

 

1.4

 

Start-up Assistance

 

 

 

 

for item 1.1 or 1.2; personnel provision and duration as described in paragraph
5 ,Start-up Assistance”, excl. accommodation and local transport

 

 

 

 

 

 

 

 

 

Price:

 

***

 

 

 

 

 

1.5

 

Optional later Addition of second Extractor

 

 

 

 

***

***

***

***

 

 

 

 

 

 

 

 

 

Price:

 

***

 

--------------------------------------------------------------------------------

*** Information has been redacted, but filed confidentially with the Commission
together with an Application for Confidential Treatment and Nondisclosure of
Information Contained in a Material Contract. **

 

4

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1.6

 

Optional later Addition of third Extractor

 

 

 

 

***

 

 

 

 

***

 

 

 

 

***

 

 

 

 

***

 

 

 

 

***

 

 

 

 

 

 

 

 

 

Price:

 

-*

 

 

 

 

 

1.7

 

Packaging and Shipment

 

 

 

 

***

 

 

 

 

***

 

 

 

 

***

 

 

 

 

 

 

 

 

 

Price:

 

-*

 

 

 

 

 

1.8

 

Site Assembly and Re-commissioning

 

 

 

 

***

 

 

 

 

***

 

 

 

 

***

 

 

 

 

 

 

 

 

 

Price:

 

-*

 

Pricing:

 

Prices are net (excl. VAT), EXW Hagen, Germany (INCOTERMS 2010) and do not
include any provision for packaging and taxes outside of Germany or any duties /
customs.

 

 

 

 

 

All payments can be in done in USD based on the above prices in EUR and the
official exchange rate locked at date of coming into force of the P.O.

 

 

 

 

 

Accommodation and local transport of UHDE personnel during site services to be
provided by CLIENT free of charge.

 

 

 

Validity:

 

Above prices are valid until March 31st, 2012. After this date prices are
subject to our written confirmation.

 

--------------------------------------------------------------------------------

***  Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

5

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Delivery of Equipment (EXW):

 

Item 1.1 11.2:

 

 

14 months after date of our order acknowledgement. Please note that any delay in
receiving the down payment or in opening / receiving the L/C will result in an
analogous delay of the delivery time.

 

 

 

 

 

***

 

 

***

 

 

***

 

 

***

 

 

***

 

 

 

Commissioning:

 

Completion of Commissioning of item 1.1 or 1.2 is anticipated 11/2 months after
equipment arrival at site.

 

 

 

 

 

***

 

 

***

 

 

 

Payment terms:

 

30 % down payment on receipt of our order acknowledgement, due 30 days after
invoice date.

 

 

 

 

 

20 % progress payment on presentation of unpriced copies of P.O. for the
extractor forgings, but latest 2 months after our order acknowledgement, due 30
days after invoice date.

 

 

 

 

 

20 % progress payment 6 months after our order acknowledgement, due 30 days
after invoice date.

 

 

 

 

 

30% by irrevocable letter of credit to be opened in our favor with and confirmed
to us by our bank. All commissions and charges in connection with the L/C are to
be borne by CLIENT. Partial shipment must be allowed. The L/C must be opened
within 6 months from the date of our order acknowledgement. Please note that the
latest date of shipment of the L/C must exceed the latest anticipated Completion
of Commissioning date by 2 months, at least. The validity of the L/C must exceed
the latest date of shipment of the L/C by 1 month, at least.

 

 

 

 

 

10 % shall be payable on presentation of the unpriced bill of delivery of the
extractor forgings

 

 

10% shall be payable on presentation of the shipping documents / notification of
readiness for dispatch

 

 

10% shall be payable on presentation of the acceptance certificate, latest 3
months after delivery of the equipment against invoice

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

6

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Warranty:

 

In case of defects attributable to UHDE, UHDE at its own discretion will repair
or replace the defect parts. Further claims for warranty such as but not limited
to repudiation or cancellation of the contract, reduction of the purchase order
price, compensation for damage are excluded. The warranty does not cover wear
and tear and disregard of UHDE’s operating instructions. The warranty period is
12 months after commissioning of the equipment, however, limited to 16 months
after delivery.

 

 

 

Liability:

 

UHDE’s aggregate liability in connection with this agreement (including but not
limited to indemnification) is limited to defects of items or services supplied
by UHDE and up to a value of 15% of the purchase order (100% in case of
warranty). In case of parts supplied by the client the liability is limited to
the services rendered by UHDE. Under no circumstances (contract, tort or
otherwise) UHDE shall be liable for any consequential or indirect damage such as
but not limited to loss of production, loss of profit, etc.

 

 

 

***

 

***

 

 

***

 

 

***

 

 

 

Cancellation:

 

If the extraction test specified in paragraph 3.2.1 does not confirm the
specified targeted results for the given process parameters or could not be
carried out within 6 weeks after order placement for reasons attributable to
UHDE, CLIENT may cancel the equipment order at no charge.

 

 

 

 

 

If not cancelled within 6 weeks after order placement the order shall be
considered as firm.

 

 

 

Other Terms and Conditions:

 

Other terms and conditions not stated herein shall be in accordance with UHDE’s
“General Conditions of Sale”.

 

--------------------------------------------------------------------------------

***  Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

7

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2      Technical Part

 

2.1      Intended Use

 

The offered SFE production plant is intended for the extraction of natural solid
substances, such as but not limited to *** algae meal (***), with supercritical
C0 2 as solvent. *** can be collected in the two separators ***.

 

The SFE plant is *** equipped with *** two *** extractors (item 1.2) ***, two
separators***, the required C02 pump for pressurization and circulation, C02
buffer tank as well as appropriate heat exchangers, piping, valves, and
measuring and control equipment. The equipment is pre-installed on rigid steel
skids. The maximal number of extractors being considered in the origin plant
design is three.

 

The plant requires supply of heating and cooling fluids to adjust the
temperature of the process sections. Electric power, liquid C02 and
pressurized/instrument air need to be supplied by CLIENT when the equipment is
installed at site.

 

2.2      Design and Quality Criteria

 

Design and calculation in accordance with ASME VIII code.

 

Pressure bearing parts with mill certificates acc. to ASME I ASTM I EN 10204.

 

***

 

The durability of the other components is in accordance with common technical
standards. Machines such as pump, actuators, etc. meet the VDMA regulations.

 

All parts in contact with the process fluid are made of***.

 

All other parts are sandblasted (SA 2 1/2 DIN 55928 part 4) as far as possible
and provided with 1 prime and 1 finish coat.

 

Parts that cannot be painted for functional reasons have to be protected against
corrosion within the scope of maintenance work.

 

Electrical components will be provided with UL or similar certificates as far as
possible but without any ex-protection.

 

--------------------------------------------------------------------------------

***  Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

8

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2.3

Operating Data

 

 

 

 

 

 

 

 

 

 

2.3.1

***

 

 

 

 

 

 

 

***

 

***

 

 

 

***

 

***

 

 

 

 

 

 

2.3.2

***

 

 

 

 

 

***

 

***

 

***

 

 

 

***

 

***

 

 

 

 

 

 

 

***

 

***

 

***

 

 

 

***

 

***

 

 

 

 

 

 

2.3.3

Condensation

 

 

 

 

 

 

 

Pressure:

 

60 bar

 

 

 

Temperature:

 

22 oC

 

 

 

 

 

 

2.4

Technical Data

 

 

 

 

 

 

 

 

 

 

2.4.1

***

 

 

 

 

 

 

 

***

 

***

 

 

 

 

 

 

2.4.2

Size / Weight Estimate Item 1.1 / 1.2

 

 

 

Module 1:

 

Length X Width X Height:

 

~ 6,0 X 2,4 X 2,6 m

 

 

 

 

Weight:

 

~10/12 t    

 

 

Module 2:

 

Length X Width X Height:

 

~ 4,0 X 1,8 X 2,6 m

 

 

 

 

Weight:

 

~4 t   

 

 

Please, note that the capacity data for the heat exchangers  in the Equipment
Lists are only non-binding estimates.

 

--------------------------------------------------------------------------------

***  Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

9

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2.4.3

 

***

 

 

 

 

 

 

***

 

 

 

 

 

 

 

 

***

 

***

 

 

 

 

***

 

***

 

 

 

 

 

 

 

 

 

 

 

***

 

***

 

 

 

 

***

 

***

 

 

 

 

***

 

 

 

 

 

 

 

 

 

 

 

 

 

***

 

***

 

 

 

 

***

 

***

 

 

 

 

 

 

 

 

 

 

 

***

 

***

 

 

 

 

 

 

 

 

 

 

 

***

 

***

 

 

 

 

***

 

 

 

 

 

 

 

 

 

 

 

 

 

***

 

 

 

 

 

 

***

 

***

 

 

 

 

***

 

***

 

 

 

 

***

 

***

 

 

 

 

***

 

***

 

 

 

 

***

 

 

 

 

 

 

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***

 

 

 

 

 

 

***

 

 

 

 

 

 

 

 

 

2.4.4

 

Site Requirements

 

 

 

 

 

 

 

 

Ambient temperature:

 

10-40 oC

 

 

 

 

Installation inside closed building with HVAC

 

 

 

 

 

 

No ex-protection has been considered.

 

 

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

10

--------------------------------------------------------------------------------

 

3      Scope of Supply and Services

 

The scope of supply of item 1.1 & 1.2 is in accordance  with the enclosed
Equipment Lists. The attached Process Flow Diagrams reflects item 1.2 and item
1.2 ***.

 

3.1    200L SFE Production Plant’s Equipment

 

3.1.1       CO2 Pump 20P1001

 

The pump is used for the filling and pressurization of the extractor(s) with C02
and the recirculation of the solvent***.

 

3.1.2         Extractors 30C1001 / 30C2001 / 30C3001

 

The extractors are vertically installed. They*** allow access to the entire
vessel’s internal diameter.

 

For a safe operation of the extractors, the quick-acting clamp closures are
equipped with safety interlocks, which ensure that the extractors cannot be
opened while under pressure.

 

***

***

***

 

3.1.3         Separator 40S1001

 

The separator is vertically installed. ***

 

***

***

 

***

***

 

3.1.4         Separator 40S2001

 

The separator is vertically installed. ***

 

***

***

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

11

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***

***

 

3.1.5     CO2 Tank 2001001

 

The C02 tank allows to buffer C02 ***. It is equipped with a manhole and lid
swiveling device.

 

3.1.6

 

***

***

 

3.1.7     Piping & Valves

 

Piping to connect all equipment within UHDE’s scope of supply. ***

 

***

 

***

***

 

***

***

 

3.1.8     Steel Structure

 

The plant equipment will be pre-installed on two or three steel skids.

 

The design of the extractor skid considers already the (later) optional
installation of max. three extractors in total.

 

The control cabinet will be installed separately, the control PC shall be
installed in a separate control room.

 

3.1.9

 

***

***

***

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

12

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***

 

***

 

***

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***

 

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***

 

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***

 

***

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--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

13

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***

***

 

3.2    Scope of Services

Along with the SFE production plant, a complete English documentation (in
triplicate) will be supplied***:

 

3.2.1       ***

***

***

***

***

 

1)        ***

***

***

1.   ***

2.   ***

 

2)        ***

***

***

1.   ***

2.   ***

3.   ***

 

***

 

***

***

***

 

***

***

***

 

3.2.2     Process Engineering

·             Process description

·             Heat and material balances

·             Equipment List and equipment data sheets

·             Specification of utility requirements

·             Plant operating and safety manual

 

3.2.3     Piping Design

·             P&l Diagrams

·             Plant layout and arrangement

·             Piping drawings (general arrangement)

·             Line list

 

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

14

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·             List of piping material (material take-off)

·             List of insulation (material take-off)

 

3.2.4     Mechanical Engineering

·             Mechanical specification of equipment

·             Equipment drawings

·             Strength calculation of equipment

·             Operating and maintenance manuals

·             Approval of manufacturer’s  drawings

 

3.2.5     Electrical Engineering

·             One-line diagrams

·             Specification of electrical equipment

·             List of electrical equipment (material take-off)

·             Approval of manufacturer’s  drawings / specifications

 

3.2.6     Instrumentation and Control Design Engineering

·             Specification of instrumentation and control unit

·             Instrumentation loop and installation drawings

·             List of instrumentation materials (material take-off)

 

3.2.7     Structural Steel

·             General layout

·             Foundation locations, sizes and loadings

·             Preliminary material take-off

 

3.2.8     Procurement

·             Purchasing of all equipment and material within the Scope of
Supply

·             Inspection and quality control of all equipment and material
within the Scope of Supply

 

3.2.9     Pre-assembly

·             Pre-assembly (on transportable skids) of all piping,
instrumentation  & electrical components at UHDE

 

3.2.10   Start-up Assistance

·             Supervision of commissioning  and start-up

·             Operation & maintenance  training of CLIENT’s personnel during
commissioning

·             Test run

·             Issuing and signing of the hand-over protocol

 

3.2.11   Plant Revamp (Option)

·             Site Assembly of additional extractor into existing plant

·             Re-programming of control system

·             Re-commissioning

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission  together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

15

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·             Issuing and signing of the hand-over protocol

 

3.2.12    Project Management

·             Obtaining of all relevant authority approvals for individual items
of equipment and material according to the scope of supply

·             Coordination between CLIENT and UHDE

·             Issue of progress and status reports

 

--------------------------------------------------------------------------------

***   Information has been reclactecl, but filed confidentially with the
Commission together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

16

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4      Exclusions

 

***

 

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

***

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract.**

 

17

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5      Start-up Assistance

 

The plant (item 1.1 /1.2) will be supplied in transportable  skid mounted
modules, the piping and instrumentation being pre-assembled. The plant will be
mounted in the building provided by the CLIENT and connected to CLIENT’s
utilities by CLIENT’s personnel.

 

After installation of the plant, commissioning  and start-up will take place.
This work will be carried out by CLIENT under supervision  of UHDE experts.

 

During commissioning  CLIENT’s personnel will be trained for operation and
maintenance of the plant.

 

For the supervision of commissioning  and start-up of the plant, the following
UHDE personnel will be delegated:

 

1 Process engineer

2 weeks

1 Electrical & instrumentation engineer

2 weeks

 

CLIENT provides to UHDE’s personnel free of charge access to an office nearby to
the plant with working telephone, ideally also with internet connection.

 

6      ***

 

***

***

***

***

***

***

***

 

***

***

***

 

***

***

 

***

***

***

 

--------------------------------------------------------------------------------

***   Information has been redacted, but flied confidentially with the
Commission together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

18

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Attachments

 

Equipment Lists Process

Flow Diagrams General

Conditions of Sale Site

Service Condition

 

--------------------------------------------------------------------------------

***   Information has been redacted, but filed confidentially with the
Commission together with an Application for Confidential Treatment and
Nondisclosure of Information Contained In a Material Contract. **

 

19

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[g204151kk05i001.jpg]

Cyanotech Corporation

2x 200L SFE PRODUCTION PLANT

LIST OF EQUIPMENT

 

UKN: 21110717

29.07.2011

PAGE: 1/3

 

TON

 

Name

 

Pcs.

 

Technical Data

 

Fluid

 

Material

 

Drive

 

Remarks

30C1001

30C2001

 

Extractor

 

2

 

Operating Conditions

Pressure:

Temperature:

Gross volume:

 

 

***

***

200

 

 

bar

°C

l

 

CO2

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

 

***

***

 

bar

°C

 

 

 

***

 

***

 

***

 

***

 

***

 

***

***

 

***

 

 

 

***

***

 

 

 

 

40S1001

 

Separator

 

1

 

Operating Conditions

Pressure:

Temperature:

Gross volume:

***

 

 

***

***

***

***

 

 

bar

°C

1

***

 

CO2

***

***

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

***

 

***

***

 

 

bar

°C

 

40S2001

 

Separator

 

1

 

Operating Conditions

Pressure:

Max. temperature:

Gross volume:

***

 

 

***

***

***

***

 

 

bar

°C

1

***

 

CO2

***

***

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

***

 

***

***

 

bar

°C

 

20D1001

 

CO2 Vessel

 

1

 

Operating Conditions

Pressure:

Temperature:

Gross volume:

 

 

60

22

***

 

 

bar

°C

1

 

CO2

 

***

 

 

 

Design pressure:

Design Temperature:

***

***

 

***

***

 

bar

°C

 

20P1001

 

CO2 Pump

 

1

 

Operating Conditions

Pressure, in:

Pressure, out:

Temperature, in:

Flow rate:

Electric power:

 

 

60

***

***

***

***

 

 

bar

bar

°C

***

KW

 

CO2

 

S.S.*

 

***

 

***

***

***

 

 

 

 

 

***

 

***

 

***

 

Operating Conditions

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

***

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

 

***

***

 

bar

°C

 

 

Rev

Date

0

29.07.2011

 

***Information has been redacted, but filed confidentially with the Commission
together with an Application for Confidential Treatment and Nondisclosure of
Information Contained in a Material Contract.***

 

--------------------------------------------------------------------------------

 

[g204151kk07i001.jpg]

Cyanotech Corporation

2x 200L SFE PRODUCTION PLANT

LIST OF EQUIPMENT

 

UKN: 21110717

29.07.2011

PAGE: 2/3

 

TON

 

Name

 

Pcs.

 

Technical Data

 

Fluid

 

Material

 

Drive

 

Remarks

***

 

***

 

***

 

Operating Conditions

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

***

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

 

***

***

 

bar

°C

***

 

***

 

***

 

Operating Conditions

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

***

 

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

 

***

***

 

bar

°C

***

 

***

 

***

 

Operating Conditions

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

***

***

***

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

 

***

***

 

bar

°C

***

 

***

 

***

 

Operating Conditions

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

 

***

***

***

***

***

***

***

 

***

***

***

 

S.S.*

 

 

 

Design pressure:

Design temperature:

***

 

***

***

 

bar

°C

 

Rev

Date

0

29.07.2011

 

***Information has been redacted, but filed confidentially with the Commission
together with an Application for Confidential Treatment and Nondisclosure of
Information Contained in a Material Contract.***

 

--------------------------------------------------------------------------------

 

[g204151kk09i001.jpg]

Cyanotech Corporation

2x 200L SFE PRODUCTION PLANT

LIST OF EQUIPMENT

 

UKN: 21110717

29.07.2011

PAGE: 3/3

 

TON

 

Name

 

Pcs.

 

Technical Data

 

Fluid

 

Material

 

Drive

 

Remarks

***

 

***

***

 

***

 

***

***

***

***

***

***

 

 

***

***

***

***

***

 

 

***

***

***

***

***

 

***

 

***

 

 

 

***

***

***

 

 

 

 

***

 

***

***

 

***

 

***

***

***

***

***

***

 

 

***

***

***

***

***

 

 

***

***

***

***

***

 

***

***

 

 

***

 

 

 

***

***

***

***

 

 

 

 

***

 

***

***

 

***

 

***

***

***

***

***

***

 

 

***

***

***

***

***

 

 

***

***

***

***

***

 

***

***

 

***

 

 

 

***

***

 

 

 

 

PI

 

Piping

 

 

 

Piping and valves acc. to process flow diagram, ***

***

***

***

Safety valves for all apparatus acc. to design code.

 

 

 

 

 

 

EMC

 

Electric, Measuring and Control components

 

 

 

Pump motor, ***

Low voltage distribution system, ***

Pressure, temperature and flow controls acc. to the process flow diagram

***

***

***

***

 

 

 

 

 

 

ST

 

Steel Structure

 

 

 

Steel structure to bear all process equipment and instrumentation (***).

Steel structure made of coated carbon steel.

 

 

 

 

 

 

 

Rev

Date

0

29.07.2011

 

***Information has been redacted, but filed confidentially with the Commission
together with an Application for Confidential Treatment and Nondisclosure of
Information Contained in a Material Contract.***

 

--------------------------------------------------------------------------------

 

Uhde High Pressure Technologies

[g204151kk11i001.gif]

 

GENERAL CONDITIONS OF SALE

 

1.                                         Bids

 

1. The following General Conditions of Sale shall only apply insofar as no
contrary stipulations are contained in the bid.

 

2.   All documents and information that form part of the bid such as
illustrations, drawings, weights and dimensions shall be considered provisional
only, unless they have been expressly designated as being final. The vendor
reserves his title and copyrights to all cost estimates, drawings and other
documents.

 

They may not be made available to a third party even after completion or
termination of the contract and may be used only within the scope of said
contract.

 

II.                                    Scope of supplies

 

1. The scope of supplies shall be as specified in the vendor’s written order
acknowledgement.

 

2.  In the event that the vendor submits a bid containing a time limit and this
is accepted within the specified time, the bid shall be decisive for the scope
of supplies if no acknowledgement is received from the vendor in due time.

 

Ill.                                   Price and payment

 

1. Prices quoted shall be ex works excluding packing, unless otherwise agreed
upon. V.A.T.  at the legally applicable rate shall be added to these prices.

 

2. Unless otherwise stipulated in the purchase contract, payments shall be made
without deductions directly to the vendor’s bankers.

 

The terms of payment are normally as follows:

1/3 down-payment on receipt of order acknowledgement,

1/3 as soon as the customer has been informed that the major parts ordered are
ready for shipment,

1/3 within 30 days after the second payment.

 

3.  The vendor is entitled to demand a surety for payments due at a later date
or for deferred payments.

 

4. In case of an increase of material prices, wages and other expenses which may
occur after the order has been placed, the vendor reserves the right to adjust
prices in accord acne with the escalation clause stipulated in the contract.

 

5. If the customer is in arrears with his payments, the vendor may suspend the
fulfillment of his obligations until the outstanding payments have been
effected, or he may fix a time limit for these payments and, if this expires
without payment having been made, terminate the contract. If the vendor
terminates the contract, then he is entitled to compensation that corresponds to
all the expenses he has incurred and services he has rendered to date. If,
however, the customer is responsible for a delay in payment, then the vendor is
entitled to the total contract price, less expenses not yet incurred.

 

6. The customer is not entitled to withhold or offset payments on account of
possible counterclaims contested by the vendor.

 

IV.                                  Time of delivery

 

1. The time of delivery commences on the date when the order acknowledgement is
dispatched, but not before the customer has furnished the necessary documents,
permits and approvals, nor until the receipt of the agreed down-payment.

 

2.  The material is considered to have been delivered on schedule if it has been
dispatched from the manufacturer’s works before the expiry of the stipulated
time of delivery or if notice of readiness for dispatch has been given.

 

3. Partial deliveries shall be permitted.

 

4. The time of delivery shall be extended by a reasonable period in the event of
measures taken within the framework of labour disputes, particularly strikes and
lock-outs, as well as if unforeseen difficulties arise that are beyond the
control of the vendor provided that it can conclusively be proved that these
difficulties had a considerable influence on manufacture or delivery. This also
applies if the difficulties occur in subcontractors’ works. The conditions
described above are likewise not the responsibility of the vendor if they occur
during an already existing delay. In important cases, the vendor shall notify
the customer as soon as possible of the beginning and termination of such
difficulties.

 

5. If the customer has a proven financial loss because of a delay in delivery
imputable to the vendor, then the customer may claim compensation therefore, to
the exclusion of all other claims. This compensation shall not exceed % % for
each full month of delay and 5 %of the total value of the portion of the
delivery which due to the delay cannot be used at the time, or for the purposes,
stipulated in the contract.

 

6. If shipment is delayed for reasons attributable to the customer, the costs
incurred for storage shall be invoiced to him. If such material is stored on the
vendor’s premises, the customer will be invoiced with at least Y, % of the
invoice value for each month after the date the material was ready for dispatch.

 

The vendor reserves the right, after having set an appropriate time limit and
after this period has elapsed to dispose of the material at his own discretion
and to effect delivery at a reasonably later date.

 

7. The observation of the delivery time implies the fulfillment of the
contractual obligations on the part of the customer.

 

V.                                       Passing of risk and taking of delivery

 

1. The risk shall pass to the customer, at the latest, on dispatch of the
material to be sup plied. This also applies to partial deliveries or if the
vendor has assumed other obligations such as transportation costs, conveyance or
erection. At the request of the customer, each shipment will be insured by the
vendor at the customer’s expense against any damage that occurs due to breakage,
fire and water, or in transit.

 

2. If dispatch is delayed for reasons beyond the vendor’s control, the risk will
pass to the customer on the day of notification that the shipment is ready for
dispatch. The vendor, however, is obliged to obtain appropriate insurance cover
at the request and expense of the customer.

 

3.  Without prejudice to his rights under Clause VII, the customer shall take
delivery of all material delivered even if it exhibits insignificant defects.

 

4. The International Rules for the Interpretation of Commercial Terms (INCOTERMS
1953) shall apply for additional clarification of these General Conditions of
Sale.

 

VI.                                  Retention of title

 

1. The vendor retains the title to the material supplied until all payments
under the contract have been received. The customer is responsible, at his own
expense, for compliance with particular conditions and regulations of his
country governing the validity of the title.

 

2.  The vendor is entitled to arrange, at the customer’s expense for insurance
covering any damage to the ordered material by fire, water and other causes,
unless the customer has already obtained insurance  cover for these materials
and produced sufficient proof thereof.

 

3. The customer shall not have the right to pledge or transfer any title to the
material supplied as collateral surety. In case of seizures and distrait or any
other warrant by a third party, the customer shall immediately inform the vendor
accordingly.

 

4.  In the event that the customer acts in a way contrary to the provisions of
the contract, particularly in the event of a delay in payment, the vendor is
entitled to repossess the goods after giving notice thereof, and the customer is
obliged to surrender them.

 

The assertion of retention of title and the vendor’s seizure of the material
shall not be considered as a withdrawal from the contract unless the law
covering deferred terms of payment is applied. In the case of an international
transaction, the vendor reserves the right to stipulate appropriate additional
or deviating provisions under the legislation of the country concerned, in order
to secure the title to the material.

 

VII.                             Guarantee

 

The vendor guarantees the use of satisfactory material and the correct design
and fabrication of the equipment and machinery to be supplied.

 

The liability of the vendor, which includes his responsibility for
characteristics expressly guaranteed, shall be limited as follows, to the
exclusion of any further claims:

 

1. The vendor shall at his own discretion and at no cost to the customer either
repair or replace any parts, which have become unserviceable or whose
serviceability has been greatly impaired due to incorrect design, faulty
material or poor workmanship within 6 months (3 months if in continuous day and
night operation) dating from the first day of utilization, providing these
defects become apparent during this period. The vendor must be notified of these
defects in writing without delay. Any parts replaced shall become the property
of the vendor.

 

In the event of a breakdown in plant operation caused by circumstances that are
the responsibility of the vendor, the guarantee period for those parts that
cannot be used due to such stoppage shall be extended by the period of the
stoppage.

 

If shipping, erection or start-up is delayed for reasons not attributable to the
vendor, the liability will expire at the latest 12 (twelve) months after the
passing of risk.

 

2. The vendor’s liability for failure to reach the guaranteed performance or
consumption figures shall be limited to making the necessary improvements
without charge, insofar as such failure can be proved to be due to faults
imputable to the vendor. The vendor is considered to have met all his
liabilities with respect to performance and consumption figures on the
successful completion of the performance test run or, if no performance test run
takes place, on acceptance of the plant by the customer.

 

--------------------------------------------------------------------------------

 

3. The guarantee of any material that is not provided by the vendor is limited
to the particular guarantee given by its manufacturer.

 

4. If the vendor supplies drawings or other documents for work to be executed by
the customer, the vendor shall not be liable for any faults attributable to such
drawings or documents except where such drawings or documents are supplied
against the payment of a fee, in which case the vendor’s liability shall be
limited to half the amount of such fee.

 

5. The customer’s right to raise claims for defects shall lapse within 6 (six)
months from the date on which a notification in due form was made, or on expiry
of the guarantee period whichever is later.

 

The customer may demand a corresponding reduction of the contract price if the
vendor, through hi own fault, fails to correct any defects under items 1 or 2
above, within a reasonable period allowed by the customer or, if his
improvements do not eliminate the defects.

 

6. No liability will be accepted for defects resulting from one or more of the
following causes:

 

Unsuitable or improper utilization and use of unsuitable or defective material
or parts supplied by the customer, improper or incorrect design specified by the
customer, incorrect assembly or start-up by the customer or any third party,
normal wear and tear, incorrect or negligent treatment, use of inappropriate
utilities, inadequate civil works, unsuitable building site, inadequate
erection, chemical, electrochemical, or electrical Influences, provided that
such causes are not attributable to the vendor.

 

Furthermore, no liability will be accepted for defects due to corrosion insofar
as these can be considered normal under the prevailing conditions

 

7. The customer shall grant the vendor the required time and opportunity to make
such repairs and replacements as the vendor may consider necessary. If the
customer fails to do so, the vendor shall be relieved of his liability. The
customer shall be entitled to do repair work or have repairs carried out by a
third party at reasonable expense to the vendor only in urgent cases where the
safety of operation is in danger-in which case the vendor must be immediately
notified – or, if the vendor has failed to correct a defect, within a reasonable
time.

 

8. The provisions concerning time of delivery and guarantees shall be applied
analogously in case of unsatisfactory repairs or replacements. However, the
vendor shall not accept any claim for delays. The guarantee period for the
replacement and the repairs (three) months or on expiry of the original
guarantee period, whichever is later.

 

9. The vendor shall be relieved of his liability in the event that the customer
or any third party carries out repair work or modifications in an improper
manner or without the pre vinous consent of the vendor.

 

10. If the performance test run or acceptance of the plant by the customer are
delayed for reasons not attributable to the vendor, the vendor’s liabilities as
listed in items 1 and 2 above will be terminated within 2 months after the
expiry of the agreed period, provided a period was agreed upon for these
services.

 

11. The vendor has the right to refuse to correct defects as long as the
customer has not met his obligations.

 

The vendor shall not accept liability for defects that are not mentioned in
these General Conditions of Sale or which are not covered by the guarantees
expressly agreed upon in the contract, whether they be defects or material or
title.

 

Further claims on the part of the customer, particularly claims in respect of
any damage not caused to the goods themselves, are excluded.

 

VIII.                         Liability for collateral obligations

 

If, for reasons attributable to the vendor, the material supplied cannot be used
in accordance with the contract due to omissions or faults in proposals made or
advice given before or after the signing of the contract as well as any other
collateral obligations, in particular, instructions for operation and
maintenance of the material, the stipulations of Clause VII shall apply, to the
exclusion of other claims by the customer.

 

IX.                                  Impossibility of delivery; customer’s
rights

 

1. If, in consequence of unforeseen events as referred to in Clause IV (4) or
due to Force Majeure, the vendor is prevented from executing the contract, be it
either wholly or in part, the customer may, in case of complete impossibility
and to the exclusion of other rights, terminate the contract and, in case of
partial impossibility, demand a reasonable reduction in price.

 

Should the customer terminate the contract under this clause, the vendor shall
be entitled too compensation for all expenses and services rendered by him until
such termination.

 

2, If the impossibility of execution arises through the customer’s fault, or
while there is a delay in acceptance of delivery, the customer shall pay the
full contract price less any expenses not incurred by the vendor because of such
impossibility.

 

X.                                      Impossibility of delivery; vendor’s
rights

 

The vendor shall have the right to terminate the contract if unforeseen events,
or those defined in Clause IV above, considerably modify the economic
significance or the scope of services or considerably affect the works of the
vendor, or if after conclusion of the contract, the impossibility of its
execution is established. The vendor shall then be entitled to compensation for
expenses incurred and services rendered by him until such termination.

 

XI.                                 Taxes and other dues

 

The prices do not include any present or future taxes, levies and customs duties
payable outside the Federal Republic of Germany in connection with the
conclusion and/or execution of the contract. The customer shall assume financial
responsibility for any taxes, levies or other duties which might be imposed on
the vendor and meet any and all formal commitments connected therewith. The same
shall apply with regard to the taxes and dues on remuneration for personnel
assigned by the vendor to other countries.

 

XII.                            Plant visits

 

1. The vendor shall have the right to visit after prior notice, the plants
supplied by him when they are in operation, as well as to inform himself of
operational results and to show such plants to prospective customers, unless it
is proved that such inspection would conflict with the owner’s interests in the
observance of secrecy or other essential interests.

 

2. The customer shall not have the right to allow any third party to inspect any
plant supplied by the vendor, unless he has previously obtained the vendor”
consent. be considered normal under the prevailing operating conditions.

 

XIII.                    Assignments of rights

 

The customer and the vendor may not assign their contractual rights to any third
party except by mutual consent. This does not affect the right of the vendor to
transfer his claims for payment to financial institutions.

 

XIV.                Erection and start-up

 

The conditions for erection and start-up shall be agreed upon separately in each
particular case.

 

XV.                     Jurisdiction

 

Any disputes arising hereunder shall be settled before a competent Dortmund
Court of Law, unless arbitration has been agreed upon in the contract. The
vendor also reserves the right to bring a case before a Court of Law at the
customer’s legal domicile.

 

XVI.                 Negotiations with subcontractors

 

1.  All negotiations with subcontractors shall be conducted by the vendor. As
far as direct discussions between the customer and a subcontractor are
necessary, they will be initiated by the vendor.

 

2. If the customer deems it necessary to procure any parts beyond the scope of
supplies as outlined in the contract, whether for exchange, modification or
replacement purposes, such items shall be procured through the vendor only.

 

3. This provision shall remain in force until the expiry of the guarantees.
Materials which, according to the contract, are to be provided by the customer
are excluded from this clause.

 

XVII.            Miscellaneous

 

1. With the exception of the rights explicitly granted to the customer under the
contract and the General Conditions of Sale, the customer shall have no further
rights under this contract, or as a result of any precontractual relations, to
demand compensation for property damage.

 

2. If peremptory right precludes the application of specific conditions, such
preclusions shall not affect the validity of the other conditions. The invalid
conditions shall be newly interpreted in a sense that will render the desired
economic result possible.

 

3.  The vendor presumes that the customer is in a position to provide all raw
materials, feedstock’s, utilities and other auxiliary materials necessary for
the continuous operation of the plant in sufficient quantity and quality.

 

The customer is responsible for ascertaining which restrictions, patents or
official regulations constitute a hindrance or might be invoked to hinder the
erection of the installation or its continuous operation.

 

4. Any deviations from these General Conditions of Sale agreed upon between the
parties are to be set forth in writing in the contract. Deviations, subsidiary
agreements and conflicting provisions of the customer are only effective if they
have been explicitly confirmed by the vendor in writing.

 

2

--------------------------------------------------------------------------------

 

SITE SERVICE CONDITIONS 2012

 

valid from 01.01.2012

 

I.                            Wage Regulations

 

Mechanical specialist, instrument specialist, welding specialist, quality
control specialist

 

€1,280.00 /Calendar day

 

Time tor travelling and for preparation and execution of work in contractors  
office as well will be considered as “working time”. Normal daily working time
is 10.00 hours / day, Monday – Saturday

 

II.                       Overtime Payment

 

50%  For working on Saturdays or at night between 8:00PM and 6:00AM.

 

100%  For working on Sundays or public holidays, except for the following
holidays:

 

150%  For working on New Year’s Day, Easter Sunday and Christmas Day as well as
for the night shift of Christmas Eve and New Year’s Eve.

 

Ill.                    Living Allowances

 

Per calendar day, including travelling days.

 

Allowances are based on the lump sums for food and overnight lodging determined
by the German Federal Ministry of Finance for each

 

If evidence can be furnished, the overnight lodging costs exceeding the lump
sums will be changed in addition.

 

IV.                   Travelling Costs

 

a)  By Plane: At Cost

 

(Europe: Economy class, outside Europe: Business class)

 

b)  By Train: At cost, 1st class

 

c)  By Car:      € 1.10/km in Germany, at cost abroad

 

d)  Additional Expenses:

 

for example- cab, mail and telephone, transport costs for luggage. and tools, on
presentation of corresponding vouchers.

 

e)  Alternatively for (De-) mobilization a lump sum fee can be offered.

 

V.                        Miscellaneous

 

In addition to the quoted prices, the value added tax to be paid will be charged
at the legal percentage valid at the time the assembly work is carried out.

 

As far as travelling costs are liable to tax, we shall be entitled to take 45 %
as taxable percentage to be added to the travelling costs.

 

If the personnel costs vary during execution of contract because of decrees,
tariff agreements or others, we shall be entitled to readjust present
conditions.

 

If special tools, testing and/or measuring instruments are used, we shall be
entitled to charge you with an indemnity of 2 % of their value per week.

 

If our specialists are to take assembling accessories with them, we’ll charge
half the express freight charges for the transport of this material.

 

Uhde High Pressure Technologies GmbH 

Geschaft fQh ng:

BuschmOhlenstralle 20, D-58093 Hagen

Andreas BrOcker, Reinhard Villnaw

Tel.: 02331-967-0, Fax: 02331-967-370

Handelsregister. Amtsgericht Hagen HRB-Nr. 3366

WWoN uhde hpt com, jnfo yhde.bpt@thyssenkmpp com

Sitz der Gesellschaft: Hagen

 

--------------------------------------------------------------------------------

 

[g204151kk11i002.gif]

 

--------------------------------------------------------------------------------

 

CYANOTECH CORPORATION

 

PURCHASE REQUISITION

Date:

9/4/2012

 

 

 

VENDOR:    Uhde Cor  oration of America

 

PHONE:

412.257.8277x212

CONTACT: Eric Lipscomb, email: eric.lipscomb   th  ssenkrupp

 

FAX:

412.257.8344

 

 

Qty

 

Number

 

Description

 

 

 

 

 

For Ref Only:
Unit Price
(EUR)

 

Total Purchase
Price $US

 

1

1

 

 

 

Supercritical Fluids Extraction Production Plant

 

 

 

 

 

Exch Rate:

 

1.25840

 

2

 

 

 

 

Per March 5, 2012 quotation 54-96-01304, Rev3 attached *

 

 

 

 

 

 

 

 

 

3

 

 

 

 

Description · Quote Ref

 

Euro amount

 

Incr. %

 

 

 

 

 

4

 

 

 

 

1.2-2 x 200L SFE Production Plant

 

2,441,010  X

 

101.5%

 

2,477,625

 

$

3,117,843

 

5

 

 

 

 

1.3-Packing and Shipment

 

27,550  X

 

101.5%

 

27,963

 

$

35,189

 

6

 

 

 

 

1.4-Start-up Assistance, Quote + 1.5%

 

53,285  X

 

101.5%

 

54,084

 

$

68,060

 

7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8

 

 

 

 

*Refer to General Conditions of Sale

 

 

 

 

 

 

 

 

 

9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10

 

 

 

 

 

 

 

 

 

 

TOTAL

 

$

3,221,093

 

 

Purpose or use:  Extraction of Haematococcus biomass

 

 

 

 

 

 

 

Requested delivery date:

November 1, 2013

Ship Via:

Surface Best Way

Dept.#

Capital expense # or Acct.#

 

 

 

For Requisitioner use only:

 

GMP, FDA or related requirement?

 

N/A

Certificate of Analysis / Assurance required?

 

N/A

MSDS sheet(s} required?

 

N/A

Incoming Inspection required?

 

YES

Supplier Quality System?

 

N/A

Other Quality Requirements?

 

N/A

Spec sheet(sj_?

 

N/A

 

End User

Glenn Jensen

 

 

Requisitioned

GR Cysewski

 

 

Management

/s/ Jolé Deal

 

/s/ Brent Bailey

 

 

For Purchasing Dept. use only:

 

Date Ordered:

Purchase Order#

 

Ship date:

Carrier:

 

F.O.B.

Ref / Confirm:

 

 

Form# PU-100   Rev# 6 11107100

 

--------------------------------------------------------------------------------

 

Order confirmation 1873564

 

Date

09/11/2012

 

Your  reference  no./Date/Name of ordered /Fax

37000706/GiHi I 09/10/2012

Gina Hiben

1  412  257  8344

 

Our  Order  confirmation no./Division

1873564 I 07

 

Uhde Corporation  of  America

1370  Washington Pike

BRIDGEVILLE PA 15017

USA

 

Ship-to  address

 

Cyanotech Corporation

Suite  102

73-4460 Queen Kaahumanu Hwy

KAILUA-KONA HI   96740

USA

 

Please refer to  our order no. 1873564 in all correspondence

 

Dear Sir or Madam

 

In accordance  with  our  General Conditions  of  Sale we herewith  confirm 
based on quotation  no. 21110717 Rev. 4, items  1.2,  1.3  and 1.4  (all  other
provisions  remain unchanged  as per mentioned quotation  no. 21110717 Rev. 41:

 

Item

 

Qty.

 

Unit

 

Material
Description

 

 

 

Price per Unit
in USD

 

Total Price
in USD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10

 

1

 

PC

 

80-062074

 

 

 

 

 

 

 

 

 

 

 

 

 

Vessels

 

1873564-1

 

 

 

 

 

 

 

 

 

EXW

 

Delivery date: 11/01/2013

 

 

 

 

 

 

 

20

 

1

 

PC

 

80-062075

 

 

 

 

 

 

 

 

 

 

 

 

 

Piping

 

1873564-2

 

 

 

 

 

 

 

 

 

EXW

 

Delivery  date:  11/01/2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30

 

1

 

PC

 

80-062076

 

 

 

 

 

 

 

 

 

 

 

 

 

EMC

 

1873564-3

 

 

 

 

 

 

 

 

 

EXW

 

Delivery  date:  11/01/2013

 

 

 

 

 

 

 

40

 

1

 

PC

 

80-062077

 

 

 

 

 

 

 

 

 

 

 

 

 

Delivery  date:  11/01/2013

 

 

 

 

 

 

 

 

 

 

 

EXW

 

FAT

 

1873564-4

 

 

 

 

 

 

 

 

 

 

 

Delivery  date: 11/01/2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50

 

 

 

PC

 

80-062078

 

 

 

 

 

 

 

 

 

 

 

EXW

 

Site Services

 

1873564-5

 

 

 

 

 

 

 

 

 

 

 

Delivery date: 11/01/2013

 

 

 

 

 

 

 

 

Uhdo High Pressure Technolagioa GmbH

Commorzbonk Dortmund

Exar:utivo Board: Andreas Broeckor

Buschmuahlanstrasss 20, 68093 Hagen, Germany

Bank Codo No. 440  400  37, Acc.No. 350  640  9

(Cholrmanl, Reinhard VMlnow

Tel: +49  2331-967-(), fax: +49 2331-967-370

ISAN: DE11 4404  0037 0350 6409 00

Court of registration: Hogan,HRB no. 3366

www.uhde-hpt.com     lnfo@uhde-hpt.com

BIC: CODAOEFF440

Roglsteri!d offlco: Hagen

 

--------------------------------------------------------------------------------

 

 

Order confirmation  no./Date

Uhde Corporation of America

1873564 / 09/11/2012

 

Items total

 

Order value

 

Value Added Tax

0.000

Final amount

 

 

 

Terms of delivery

DAP Kailua-Kona

including packing, duty unpaid, according to INCOTERMS 2010

 

Terms of payment

30% down payment after order acknowledgement

20% progress payment on presentation of unpriced copies of PO for the extractor
forgings or latest 2 months after order acknowledgement, whichever comes first

20% progress payment 6 months after order acknowledgement

10% on presentation of the unpriced bill of delivery of the extractor forgings

10% on presentation of the shipping documents/notification of readiness for
dispatch

10% on presentation of the acceptance certificate or latest 3 months after
delivery of the equipment, whichever comes first

 

All invoices are due 40 days after the invoice date.

 

Warranty

 

In case of defects attributable to Uhde, Uhde at its own discretion will repair
or replace the defect parts. Further claims for warranty such as but not limited
to repudiation or cancellation of the contract, reduction of the purchase order
price and compensation for damage are excluded. The warranty does not cover wear
and tear and disregard of Uhde’s operating instructions. The warranty period is
12 months from commissioning of the equipment, however, limited to a maximum of
16 months ·from date of delivery.

 

Liability

 

Uhde’s aggregate liability in connection with this agreement (including but not
limited to indemnification) is limited to defects of items or services supplied
by Uhde and up to a value of 15% of the purchase order (100% in case of
warranty). In case of parts supplied by the client the liability is limited to
the services rendered by Uhde. Under no circumstances (contract, tort or
otherwise) Uhde shall be liable for any consequential or indirect damage such as
but not limited to loss of production, loss of profit, etc.

 

2

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Uhde Corporation of America

 

 

 

1370 Washington Pike

 

 

 

Bridgeville, PA 15017

 

 

 

USA

 

 

 

 

 

 

 

2 x 200L SFE Production Plant

 

 

 

Your Ref.:37000706/GiHi dated 10 September 2012

 

 

 

Customer PO No.:CP0-113655

 

 

 

 

 

 

 

Total Purchase Order Price (DAP Kailua-Kona, lncoterms 2010):

 

3,221,092.00

 

 

 

 

 

According to the terms of payment the first instalment (30 %} is due now.

 

 

 

 

 

 

 

Total amount:

 

966,327.60

 

 

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