The Parties to explain things as follows: That the FIRST hereby sells to the SECOND PARTY that explains been bought from the FIRST PARTY: A ship named KINGFISHER. Especially made than fiberglass. With the size as follows: • Length: 11.9 m (meters ) • Width: 3.06 m (three point zero six meters comma) • In: 1 m (one meter) • Dirty Contents: 6 GT (6 Register Tons) • Signs Selar: J.5 No. 9917 The ship was made in 2005. Similarly, following all the tools or equipment on the vessel which, according to the nature and intended or under the Act can be regarded as part of the ship. Then the Parties explained that the sale is held and in-received with the terms and provisions as follows: Article 1 Buying and selling is held and accepted entirely at Rp _____ (_____ Rupiah). The amount of money which is paid by the SECOND PARTY to the FIRST PARTY before the agreement was signed. And, for receipt of the amount of money that the FIRST PARTY hereby callable, so that this Agreement is also a receipt for acceptance of that amount. Article 2 What are sold / purchased with this deed starting today move to the SECOND PARTY and all gains and losses earned or suffered, so start today belong to him or borne by the SECOND PARTY Article 3 What are sold / purchased under this Agreement to move into the handle of the SECOND PARTY in a seaworthy state (zoo waardig), and on terms that the SECOND PARTY in the future will not be filed claims whatsoever against the FIRST PARTY. Article 4 What are sold / purchased with this Agreement are free from mortgages and rights of other objects and also free from encumbrances. The FIRST PARTY SECOND PARTY ensure that the FIRST PARTY is the owner of what is sold with this deed , and the FIRST PARTY has the right to conduct this sale, that the FIRST PARTY has never sell anything that is sold with this deed to the other party, and the FIRST PARTY SECOND PARTY ensure that regarding the SECOND PARTY shall not inherit the demands of others who claimed to have prior rights advance or contribute to a right to what is sold with this deed. Article 5 of this Agreement as well as the cost of transfer tax and all costs relating to the delivery of what is sold by this Agreement to the SECOND PARTY, fines and other related the sale is entirely borne and paid by the SECOND PARTY. Article 6 In the event of a dispute between the Parties, it will be solved by consensus. If the deliberation can not be resolved, then the parties choose the law of the common domicile and remain in the Clerk's Office in Jakarta. So this Agreement is made and signed by the Parties on the day, date, month, and year in the beginning of the Agreement, made in duplicate sufficiently stamped and have the same legal force for each party.
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