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CONTRACT ON BUSINESS AND TECHNICAL COOPERATION

Concluded between :

1.UNIFERM GMBH & CO. KG Brede 4 59368 , Werne, Germany , located in Werne Germany,
represented by ______________________________ (hereinafter referred to as: Seller end
user),
and

2.MAKOVICA AD Mladenovac, Savica Mlin 9 , located in Mladenovac, Serbia represented by


Slobodan Sekilic. (hereinafter referred to as : Buyer implementer).

The contracting parties conlude that besides a purchase- sales relationship that already exists ,
they wish to expand their cooperation in the field of technological application of products.

Subject to contract :

Business cooperation in the aim of establishing a sales relationship of the contracting parties and
further enhance sales to technical and other support.

The contracting parties have agreed upon the following :

Article 1.

The contracting parties find their business interest in a business cooperation in accordance with
the relevant regulations , good business practices and business ethics in a manner and under the
terms of this Contract.
The business cooperation under this agreement shall be conducted for the mutual benefit of the
parties, taking into account the market conditions.

Article 2.

By mutual consent of thecontracting parties within this contract, in the aim of its implemenation
, it may be necessary to conclude annexes for specifying the rights and obligations ie.
moments important for the performance of the contract as a whole and the performance of
specific tasks under this contract.

Article 3.

The responsible person of the end user is responsible for the compliance and monitoring of
project execution and communication within the company, and compliance with the project
leader of the implementer.The responsible person of the implementer is responsible for the
planning, execution and control of the execution of the contract, the communication with the
person of the end-user and project reporting to the supervisory board.
Article 4.

MAKOVICA agrees that upon the request of UNIFERM to periodically send their
technologists - engineers who will work together with the technologists of UNIFERM on the
guidelines related to the optimal implementation of Sellers' (UNIFERM) products, in this case -
the yeast in the baking industry.
The Seller- end user of the services agrees that upon completion of the planned work ,the
Buyer in this case MAKOVICA (Implementer) to issue an invoice to the Seller which will
compensate part of the cost of this work related to all preparations and procedures. The deadline
for payment for each invoice issued separately shall be determined by agreement and indicated
on the invoice.

Article 5

The responsible person of the end user UNIFERM is responsible for compliance and
monitoring of the project execution and communication within the company, and compliance
with the project leader of the implementer. The responsible person of the implementer is
responsible for planning, executing and controlling the execution of the contract, the
communication with the person responsible of end-user reporting and project
reporting to the supervisory board.
Makovica reserves the right for every particular job, to issue UNIFERM an invoice in the
amount that shall be agreed.
The contracting parties agree that the person in charge of the business and technical cooperation
is Ivana Todorovic graduated technologist. Reimbursement of expenses for the first six months in
the amount of 800 euros will be borne half by both companies.

Article 6

The implementer agrees that he shall in the shortest possible time consider any request by the
end user based on the availability of its resources. A more precise response time can be
determined by other agreements and contracts. The implementer reserves the right to prolong the
response time in case of force majeure or in the event of failure to meet the requirements for
operation by the end user.

Article 7

The contracting parties shall, at the request or without it mutually exchange information and
data, as well as make any amendments, supplements or completely add new facts relevant to the
successful implementation of the planned project.They also undertake to provide the necessary
technical consultation and provide assistance of any other kind.In the event that there are new
requirements and activities related to the joint project, the contracting parties agree that they will
consider proposals received in the appropriate time and approve the same , and present
comments and suggestions. The proposals relating to new requirements and activities must be in
writing.
Article 8

The contracting parties shall, at the request or without it mutually exchange information and
data, as well as make any amendments, supplements or completely add new facts relevant to the
successful implementation of the planned project.They also undertake to provide the necessary
technical consultation and provide assistance of any other kind.In the event that there are new
requirements and activities related to the joint project, the contracting parties agree that they will
consider proposals received in the appropriate time and approve the same , and present
comments and suggestions. The proposals relating to new requirements and activities must be in
writing.

Article 9

The contracting parties shall appoint authorized representatives who will be in constant contact
and who will be able to make valid decisions on all operational and financial issues which may
arise in the execution of this agreement or its annexes.
Both sides shall inform each other in writing about the appointment of authorized representatives
in appropriate and agreed time after the signing of this contract. For all that is not specified by
this agreement (and Annexes to this Agreement) apply general rules related to trade in goods and
services.

Article 10

This agreement shall come into force on the date of mutual signing and may be terminated by
mutual agreement by written notice of 30 (thirty) days.
In the event of significant changes in legally-economic circumstances, the implementer and end
users retain the right to make changes and additions to this contract which would be regulated by
specific annexes.
The contracting parties shall settle any disputes resolved amicably in the spirit of good business
relationship, and if an agreement can not be reached, in case of dispute,the court of competent
jurisdiction is the court in Belgrade.

Article 11

This Agreement has been made in four identical copies, two for each party.

In ____________________

Day: __________________________
Seller __________________________

Buyer___________________

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