Date: March 18, 2014 TO : Arturo Uy Gemma Construction SUBJECT: Quotation for SINGLE DRUM VIBRATORY ROLLER Dear

Sir ;

Quote# REL909

Thank you for your interest for Jinyi Import and Export Trading Co. Inc. products. We are pleased to submit the following quotation:

TERMS AND CONDITION:

1. 2. 3. 4. 5. Price Quoted is C.I.F. Davao Subject to VAT. 30% upon Approval of Quotation, 70% upon Presentation of Bill of Lading. Delivery: 45-60 days upon receipt of Down payment. Price Validity: 30 days Warranty: 12 months or 2000 meter hours as from the date of delivery as recorded by the hour meter installed on the equipment, whichever comes first. 6. Delivery Charges from showroom and Land Transportation Office registration (LTO) are for the account of the buyer. The Warranty however, does not include the following: BELTINGS, BEARINGS, ALL RUBBER parts, BUSHINGS & OIL SEALS, BATTERIES and other ELECTRIAL COMPONENTS All other Components and Spare Parts which will fail due to NEGLECT, MIS-USE,TAMPERED or to the Opinion of Jinyi Import & Export Trading Co., Inc. is due to IMPROPER OPERATION, will not be covered by this WARRANTY We trust that you will find our quote satisfactory and looking forward to receive your valuable order soon. Please contact us should you have any questions at all. Thank you very much.

Approved by:

Jacky Fong General Manager

Date:__________________________

Place:_________________________

The undersigned; as duly representative of GEMMA CONSTRUCTION do hereby conform to and accept the aforementioned quotation (reference no. REL909) thereby constituting as a binding contract which commences upon this date.

__________________________

Name & Signature