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Purchase Agreement

 

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Title:

Purchase Agreement

Entities:

Neurotech Development Corp

Date:

2001

Size:

Preview shows 3KB of 11KB total

Price:

$41

ID:

#1650619

 

 

► Purchase & Sale ► Purchase Agreements

 

 

Start of Preview


                               PURCHASE AGREEMENT



This agreement made between Wu Meng Chao Hepatobiliary Surgery Fund, 225
Changhei Rd, Shanghai hereinafter referred to as the (Purchasor) and Neurotech
Development Corporation, 10 Cedar Swamp Rd., Glen Cove, New York, hereinafter
referred to as the (Seller) on this day the 30th of April, 2001 for the purchase
of a "seagoing" hospital vessel.

Operations:

It is agreed that the Purchasor intends to register and operate this vessel, for
scheduled use in China, its ports and territories. The Seller in accordance with
these requirements will provide supplies and pharmaceuticals consistent with
Chinese availability and Chinese Pharmaceutical Law. The seller will provide
upon request management services as required on a fee basis.

Quality Standards:

The vessel shall be built in accordance with all applicable international marine
codes, and its medical operations shall be in accordance with the provisions of
the Neurotech Healthcare System, as provided for in the training and operations
manuals. That this standard is above the level of the generally accepted
international medical practice standards.

Machinery & Equipment:

It is agreed that the machinery and equipment used for medical diagnosis and
treatment will be such as described by the operations for the Neurotech
Healthcare System (trademarked), and is digital and interconnected to the
information and administrative systems, which are the basis of the Neurotech
Healthcare System.

The equipment shall appear on separate schedule B, of this agreement. All
equipment shall be new, and guaranteed in accordance with the manufacturers
guarantee, and shall be viable in these operations and applications.

Equipment shall include all medical, diagnostic, therapeutic, environmental,
medical waste disposal, water treatment (vacuum distillation for drinking water,
chlorination for waste water) dental, full laboratory, satellite communications,
computerized medical records, accounting, inventory software, computers, and
related equipment.

Supplies:

The seller shall provide an estimated 30-day supply of medical disposables, and
general supplies, inclusive of sheets, towels, blankets, pillows, bandages,
rubber gloves, tongue depressors, syringes, operating room caps and gowns,
thermometer covers, astringents, anesthetics, and other related items. The
formulae used to calculate these amounts of product are based upon 70%
utilization and practice of normal patient flow. Actual usage days may vary. The
supply list will be reviewed in the final 6 months of assembly, when the first
destination port has been chosen.

Ships Laundry

The ships laundry shall deploy an ozone based soapless system, which utilizes
ozone instead of chemicals and soaps for cleaning. Ozone is a powerful oxidizing
agent, and antibacterial with numerous environmental benefits.

 

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