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Date Our Ref

: :

1st Aug 2011 JLE/TEC/Q-024/11/jl

Tuksu Engineering & Construction Ltd 3, Shenton Way #21-09 Shenton House Singapore 068805 Tel: 6223 4210 Fax: 6223 5262

Attn:

Mr. M.S Kim mskim@tuksu.co.kr

Re:

RENTAL OF 1 NO. HYDRAULIC JACK

We are pleased to submit the above captioned for your kind consideration & acceptance.
S/n 1. 2. 3. Description 1000 ton Hydraulic Jack Calibration Transportation Unit Rate $3,000.00 per jack per test $4,000.00 $120.00 per trip

Terms & conditions:1. Client shall keep the equipment free and clear of all levies, liens and encumbrances and shall pay all license fees, registration fees, assessments, fines, charges and taxes which may now or thereafter be imposed upon the ownership, leasing, possession or use thereof, prorated for the term of rental; it shall nonetheless promptly notify Owner of any lien that may be imposed against any item of property and proceed diligently, at Clients expenses and at Owners direction to discharge any lien that may arise. 2. Client agrees to indemnify Owner and hold Owner harmless from all claims, damages, liability and costs for death or injury to, or loss of or damage to, the property of any person or entity or for loss of time or any other loss connected with the machine or the used thereof, that results from the condition of the property or the direct or indirect used thereof by Client, its employee, agents, contractors or affiliates or by any other person, with or without Clients authorization or consent. 3. The Client be responsible for all damages and losses save for fair wear and tear sustained by the machine from any cause whatsoever after the Client has taken delivery and such damages and losses shall be made good by the Client at their expenses and rental shall continue to be payable until the Client have make good such damages and losses.

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JLE/TEC/Q-024/11/jl

4. The condition of the equipment at delivery or collection from our yard will be in full and good working order, no dents or damages on the equipment. At the end of the rental and upon return of the equipments to our yard, we will charge all damages or lost of equipments as per below: a. Hydraulic jack : $35,000.00 per set 5. Term of payment COD. 6. The above rates quoted subject to 7% GST.

We trust our rates are acceptable to you and looking forward to be of your service. Yours faithfully for J LIM ENGINEERING PTE LTD Agreed and Accepted By:

JAYSON NG Director

Company Stamp and Authorized Signature

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JLE/TEC/Q-024/11/jl

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