EXHIBIT 99.5
CONFIDENTIAL TREATMENT
REQUESTED PURSUANT TO RULE 24b-2
Certain portions of this exhibit, as indicated by “[*]”, have been omitted, pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. The omitted materials have been filed separately with the Securities and Exchange Commission.
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PURCHASE ORDER
P.O. No.: PZ2010080501SEN-2 Date: August 5, 2010
Customer: | Perusat S.A. |
Address: | Av. Camino Real 493 of. 1101 San Isidro Lima 27 Peru |
Bank Item: | (Accounting Bank name, A/C number) |
Contact Person: | Mario Navarro |
Supplier: | ZTE CORPORATION PERU |
Address: | Av. Rivera Navarrete N°515 Int. A Of. 601 Edificio Capital – San Isidro, Lima-Peru. |
Bank Name: | CITIBANK DEL PERU |
US Dollar Account: | 5316138 |
Contact Person: | Chen Xing |
1. | Order Amount & Price |
Service Price List | ||||
Item | Province | |||
1 | Service | Unit Price without IGV | Qty | Total Amount without IGV |
1.1 | Network Design | [*] | 50 | [*] |
1.2 | Planning & Optimization | [*] | 50 | [*] |
1.3 | PAC Acceptance Test | [*] | 50 | [*] |
1.4 | Document Transfer | [*] | 50 | [*] |
1.5 | Project Management | [*] | 1 | [*] |
1.6 | Guarantee for 2 years | [*] | 1 | [*] |
SUBTOTAL | [*] | |||
2 | Management Service for network operation | |||
2.1 | Management Service – 2 Years | [*] | 1 | [*] |
SUBTOTAL | [*] | |||
3 | Training | |||
3.1 | WiMAX Training (MGW, AAA ,BS)(20 days for 5-10 students ) | [*] | 1 | [*] |
3.2 | MICROWAVE Training (5days for 5-10 students) | [*] | 1 | [*] |
3.3 | Datacomm Training (5 days for 10-15 students) | [*] | 1 | [*] |
3.4 | SDH Training (5 days for 10-15 students) | [*] | 1 | [*] |
SUBTOTAL without IGV | [*] | |||
TOTAL without IGV | $1,046,276.00 |
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2. | Payment Term: |
A. Training
The 100% contracted value (including Peru IGV tax) shall be paid 10 business days before the training.
B. Local Engineering & Services
Signing of contract | 100% of contracted value (including Peru IGV tax) for Item 1.1, Network Design, shall be paid within 20 days after removal of conditions described in Section 4 below and signature of this purchase order. |
Delivery of Equipment to Lima | 15% of contracted value (including Peru IGV tax) of all Items except 1.1 within 10 business days of a bill of lading. |
Provisional Acceptance Certification (PAC) | 55% of contracted value (including Peru IGV tax) shall be paid within 10 business days after PAC issuance date. |
Final Acceptance Certification (FAC) | 30% of contracted value (including Peru IGV tax) shall be paid within 10 business days after FAC issuance date. |
C. Management Services
Milestone | Payment |
Issuance of invoice for expenses caused every three months from PAC issuance date. | Real expenses (including Peru IGV tax) caused shall be paid within 10 business days beginning from end of every three months. |
3. | The implement schedule shall be detailed in Attachment 2: Implementation Schedule. |
![](https://capedge.com/proxy/8-K/0001019687-10-004208/implement_schedule.jpg)
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4. | Other Condition: |
This PO is conditioned upon Customer providing notice to Supplier that Customer has received extension of existing licenses and concessions from Peru’s Ministry of Transportation and Communication.
5. | Other clauses refer to Service Contract (“Contract”) signed by and between Customer and Supplier on August 3, 2010 (Contract No. PZ2010080501SEN). |
Offered and signed by the Customer: | Accepted on behalf of the Suppler: | ||
PERUSAT S.A. | ZTE CORPORATION, PERU | ||
By: | /s/ Mario Navarro | By: | /s/ Chen Xing |
Name: | Mario Navarro | Name: | Chen Xing |
Title: | Chief Executive Officer | Title: | General Manager |
Date: | August 5, 2010 | Date: | August 5, 2010 |
Please confirm this order by return fax.
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