LETTER OF INTENT
This Letter of Intent is made on 24 October 2014
between UNIVERSITI
MALAYSIA PERLIS
an institution of higher learning (hereinafter
referred to as "UniMAP") established and incorporated in Malaysia under the Universities and
University Colleges Act 1971 and having its registered address at 1,2,9,10 and
n"
Floor,
Bangunan KWSP, Jalan Bukit Lagi, 01000 Kangar, Perlis and shall include its lawful
representatives and permitted assigns; of the one part; and HO CHI MINH UNIVERSITYOF
TRANSPORT(HCMUTRANS)having its registered address at No.2, 03 Street Van Thanh Bac
Site, Ward 25, Bin Thanh Dist, HCMC,Vietnam of the other part.
2.
This Letter of Intent forms the framework for cooperation between the parties to identify
and achieve shared goals and objectives, and to facilitate and develop a genuine and mutually
beneficial exchange process and research relationship. This Letter of Intent is non-binding and
does not impose any legal or financial obligations or liabilities on either party.
3.
Not in Derogation from the above-said,this is a contract as to the conduct in good faith
negotiations and issuesupon which the parties hereto will in good faith, endeavourto negotiable
and prepare the Agreement that would contain additional terms and conditions which are
appropriate for a transaction of this kind, including but not limited to, representations and
warranties provisions concerning notice(s), force Majeure, Indemnification(s), liability(s),
confidentially (s), termination (s), applicablelaw (s) and other similar provision (s).
3.
The agreed objectives of the Letter of Intent are:
a)
To initiate bilateral cooperation.
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b)
The Parties and their representatives, following the execution of this Intent, shall
maintain close contacts with each other to achieve the goals and objectives of,
and to develop the ideas acknowledged in this Intent.
4.
The terms of this Intent shall commence from the date of the execution of this Letter of
Intent until being advice in writing otherwise.
5.
The Parties agree to bear their respective own costs and expenses in establishing and
conducting cooperation and all activities contemplated in this Letter of Intent.
6.
This Letter of Intent shall be governed by and construed in accordance with the laws of
Malaysia.
The Parties shall use their best efforts to resolve any disputes and/or outstanding
issues by consultation or negotiation between the Parties, or, in the event of a failure to resolve
such disputes and/or outstanding issues by consultation or negotiation, by mediation.
7.
This Letter of Intent embodies the entire understanding of the Parties and supersedes
any prior promises, representations,
Intents or implications.
Any variation of this Letter of
Intent shall be agreed by duly authorized representatives of all Parties and be evidenced in
writing.
8.
The Parties agree to bear their respective own costs and expenses in establishing and
conducting cooperation and all activities contemplated in this Letter of Intent.
9.
Any notice or other information required or authorized by this Letter of Intent to be given
by either party to the other may be given by hand or sent (by pre-paid post, telex, cable,
facsimile transmission or comparable means if communication)
below:-
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to the other party referred as
For UniMAP, the contact person will bename: Vice Chancellor of UniMAP
address: Pejabat Naib canselor UniMAP Tingat 11 KWSP, Jalan Bukit Lagi 01000 Kangar
Perlis, Malaysia
phone/fax:
+6049778011
e.mail : vc@unimap.edu.my
For Institution / company, the contact person will be
name: Dr. Nguyen Van Thu
address: No.2, 03 Street Van Thanh Bac Site, Ward 25, Bin Thanh Dist, HeMC, Vietnam
phone / fax: 8483898 05456
e.mail: nvthu@hcmutrans.edu.vn
Or such other address as the parties to which such notice or other communication is to
be given has last notifies to the other party in the manner provided in this Letter of Undertaking,
and if so given the same shall be deemed to have been received on the date of such delivery or
sending.
10.
Neither party shall use the name, logo or certification
marks nor the names of any
member of each parties' staff, in any publicity, advertising or news release, publication in written
form or by way of electronic media representing
that the parties are partners or having
collaborative arrangements in any way with each other without the prior written approval of the
parties.
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11.
Universiti Malaysia Perlis (UniMAP) and HCMUTRANS agrees that the terms of this Letter
of Intent and all information given, received or obtained by the parties relating to, arising from
or in connection with the purposed collaboration between UniMAP and HCMUTRANS (whether or
not reduced to writing) shall be treated as strictly confidential and shall not be disclosed to any
third party without the prior written approval of the other party.
12.
UniMAP and HCMUTRANS will execute a formal
Memorandum of Understanding
or
Memorandum of Agreement to incorporate same and the other terms and conditions as therein
mutually agreed thereto within a reasonable time from the date hereof.
IN WITNESS WHEREOF, the undersignedbeing duly authorized thereto, have signed this
Letter of Intent in duplicate at
on this
day of
in the year 2014
UNIVERSITIMALAYSIAPERLIS
HCMUTRANS
By:
By:
~.
k
Brig. Jen Datuk Prof. Dr. KamarudinHussin
Dr. NguyenVan Thu
Vice Chancellorof UniMAP
President
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.