881.We will inform you of the weight, measurements, number of cases, cost of the drawings
and other documents seven days before delivering the documents to the airplane.
882.Drawings and technical documents will be sent to you by registered airmail.
883.Expenses for the technology transfer shall be fair and reasonable .
884.The royalty rate shall not be higher than the standard international rate.
885.The technology transfer fee shall be paid in royalties.
886.The royalty rate shall be 15% of the net sales value of the products.
887.The royalty rate shall be calculated on the net sales of the products turned our with
888.You’ll pay for the imported technology in the form of royalties apart from a certain initial
889.We shall pay you 8% on the retail prices of all the goods manufactured with the
890.We require that at the signature of the technology transfer agreement, you will provide
us with the bank guarantee for the transfer of all payments.
891.The expenses incurred for this purpose will have to be borne by the Chinese side.
892.We will pay all the expenses involved in documentation and transfer of knowledge.
893.We will pay all the specialists for their services rendered to us.
894.We hope you will continue offering us improved technology without extra charges.
895.To help our joint venture, we hope that you would keep supplying us with advanced
management techniques and technologies.
896.We shall help you to update the present and future technology concerned with the
production from time to time.
897.As you know that technology is advancing all the time, we hope that you continue
offering us your improved technologies.
898.We think that it is better to transfer our knowledge in the form of know-how investment.
899,First let’s start with the delivery of all the drawings, technical data and other documents
relating to the engines.
900.You will undertake the obligations to deliver to us the drawing, information and other