SUPPLIER COOPERATION AGREEMENT LETTER

No: 01 / PK-EPI / I / 2018

On this day Tuesday, the sixteenth of October in the year two thousand and eighteen (16-10-
2018), a Supplier Cooperation Agreement between and between :
1. Edi Rahman, M. Farm., Apt., Director of PT Vatra Farma, in this matter acting for and on
behalf of PT Vatra Farma, domiciled in Jakarta, having its address at Jl. Raya Pasar
Minggu KM 18 No 17 Jakarta, hereinafter referred to as "FIRST PARTY" in this
agreement;
2. Indrawati Taurus, M. Farm., Apt., Director of PT ETHICA Pharmaceutical Industry, in
this case acting for and on behalf of PT PT ETHICA Pharmaceutical Industry, domiciled
in Yogyakarta, having its address at Jl. Nitipuran No. 9 Kadipuro Baru, Yogyakarta, here
in after referred to as "SECOND PARTY";
That between the FIRST PARTY and the SECOND PARTY has previously signed a Joint
Memorandum of Understanding on 15 October 2018 (Fifteen months of October two thousand
and eighteen), which Memorandum of Understanding is an integral part of this Supplier
Cooperation Agreement;

That between the FIRST PARTY and the SECOND PARTY can also be referred to as PARTIES
having agreed to enter into and sign a Supplier Cooperation Agreement based on the principle of
partnership and provide mutual benefits by using the following terms and conditions:

Article 1 The
status

FIRST PARTY has made requests specifically to the SECOND PARTY to supply the Primary
Packet of hormonal products in the form of 1 mL ampoules.

Article 2
Types and Amounts of Goods

1. types of goods referred to in this Agreement are primary packets of hormonal products in the
form of ampoules measuring 1 mL.
2. The type and amount of goods ordered by the FIRST PARTY to the SECOND PARTY can be
explained as follows:
− 20 (twenty) sets of Goods Purchase Order Form (FPPB).
− List of Goods Purchase Orders (DPPB) of 100 (one hundred) sets.
− Registration Application (SPR) of 5 (five) sheets.
 Article 3
Bid Prices

Offersubmitted by the SECOND PARTY and approved by the FIRST PARTY.

Article 4
Payment methods

1. will be made by the FIRST PARTY to the SECOND PARTY based on the number of items
sent, no later than 5 (five) days after the item is received by the FIRST PARTY
2. Payment from the FIRST PARTY to the SECOND PARTY is made by transfer to the
account: on behalf of PT Vatra Farma on BCA BANK with Account Number 6860xxxxxx.
3. All taxes imposed on work costs as intended in this Agreement, except Value Added Tax,
will be borne by the SECOND PARTY and, paid in accordance with the applicable tax
regulations.

Article 5
Fines
1. If there is a delay in the delivery of printed materials the SECOND PARTY will be subject
to a fine of 15% (fifteen percent) per day of the total printing costs of the maximum number
of goods to be sent 50% (fifty percent) of the total contract.
2. The FIRST PARTY will be fined 15% (fifteen percent) per day, a maximum of 50% (fifty
percent) of the total contract if the payment deadline exceeds 7 (seven) days after the
collection document is received by the FIRST PARTY. Delays can be well received by both
parties, if the delay is caused by:
− Late or prolonged approval from the FIRST PARTY.
− Force majeure conditions (war, natural disasters, government prohibitions / actions, etc.)
that are beyond the authority and ability of both parties.
− Changes to mutually agreed work schedules.

Article 6
Delivery of

1. goods will be carried out by the SECOND PARTY within 5 (five) working days after
receipt of final artwork approval from the FIRST PARTY.
2. The time period / schedule for shipping goods can change according to the needs of the
FIRST PARTY with written notice to the SECOND PARTY.
 Article 7
Guarantees / Guarantees

1. The period / schedule for shipping goods may change according to the needs of the
FIRST PARTY with written notice to the SECOND PARTY.
2. The SECOND PARTY guarantees the use / functioning of the items used for the FIRST
PARTY.

Article 8
Settlement of Disputes

1. If there are things that are not or have not been regulated in this Agreement and also if
there are differences in interpretation of all or part of this Agreement, then both parties
agree to resolve them by deliberation to reach a consensus.
2. If the deliberation and consensus resolution also does not resolve the dispute, then the
dispute will be settled legally in Indonesia, and therefore both parties choose a permanent
and general residence in the Jakarta District Court.

Article 9
Others

1. This cooperation agreement letter is signed jointly and each party states in a
conscious state, physically and mentally healthy and without pressure and coercion
from any party;
2. This agreement is made in duplicate 2 (two) sufficiently sealed and each has the same
legal force, one in the FIRST PARTY and one in the SECOND PARTY;
Thus this agreement is made and signed by PARTIES.

SECOND PARTY THE FIRST PARTY

OFPT ETHICA Pharmaceutical Industry PT Vatra Farma

Indrawati Taurus, M. Farm., Apt. Edi Rahman, M. Farm., Apt.

Director of PT ETHICA Industri Farmasi Director of PT Vatra Farma
 NOTES OF
BETWEEN
COMMUNITYPT VATRA FARMA
WITH
PT ETHICA INDUSTRI FARMASI

NUMBER: 01 MOU / VATRA / 16/201865/2018

NUMBER: 121 MOU / KAL /

CONCERNING
SUPPLIER COOPERATION AGREEMENT LETTER

Monday Twenty-two months of October, two thousand and eighteen (22-10-2010), located in
Cikarang (West Java), a Supplier Cooperation Agreement was signed and signed by and
between:
1. Edi Rahman, M. Farm., Apt., Director of PT Vatra Farma, in this matter acting for and on
behalf of PT Vatra Farma, is domiciled in Jakarta, having its address at Jl. Raya Pasar
Minggu KM 18 No 17 Jakarta, hereinafter referred to as "FIRST PARTY" in this
agreement;
2. Indrawati Taurus, M. Farm., Apt., Director of PT ETHICA Pharmaceutical Industry, in
this case acting for and on behalf of PT PT ETHICA Pharmaceutical Industry, domiciled
in Yogyakarta, having its address at Jl. Nitipuran No. 9 Kadipuro Baru, Yogyakarta,
hereinafter referred to as "SECOND PARTY";
That between the FIRST PARTY and the SECOND PARTY can also be referred to as the
PARTIES have agreed to hold and sign a supplier Cooperation Agreement based on the principle
of partnership and provide mutual benefits by using the following terms and conditions:

Article 1
Purpose and Objectives

Purpose of the cooperation objectives This is the PARTY agreed to cooperate in the FIRST
PARTY has made a special request to the SECOND PARTY to supply Primary product
hormonal packaging in the form of 1 mL ampoule packaging
 Article 2 The
object of the Agreement

Object Agreement is in the form of an agreement to supply Primary Packers of hormonal

products in the form of ampoule packers measuring 1 mL

Article 3
Scope

1. THE PARTIES agreed that under this agreement dividing liability, which is ready to
make payments FIRST PARTY 1 ml ampoule packaging
2. and the SECOND ready to produce the ampoule 1 ml to be sold to the FIRST PARTY
3.
Article 4
Rights and Responsibilities

FIRST PARTY is obliged to :

1. pay the ampoule production fee
2. Pay a fine if it passes the repayment limit according to the
agreement
FIRST PARTY has the right :

1. Receive ampoules properly and completely according to the order

2. Receive a fine if the production is delayed according to the
SECOND PARTY's obligation:

1. Make ampoules and send them one time

2. pay the fine if there is a delay in the delivery or production
SECOND PARTY has the right:

1. To get the production fee as agreed.

2. Get a fine if there is a delay in payment in accordance with the
agreement.

Article 5
Implementation is

1. Fundprepared by the FIRST PARTY;

2. Asmpul packers are prepared for production by the SECOND PARTY;

Article 6
Product Replacement
 In the event of a technical error, production damage or rejection from the FIRST PARTY due
to a mistake / error in the production and delivery process, the SECOND PARTY will replace
it with a similar product, according to the claim and order of the FIRST PARTY;

Article 7
The period of the

1. FIRST PARTY and the SECOND PARTY agree and agree to set a period of five years,
starting October 23, 2018 until October 23, 2018 and thereafter can be extended again;
2. The FIRST PARTY may decide on this cooperation agreement with the SECOND
PARTY without any compensation if according to the FIRST PARTY's assessment and
consideration, the SECOND PARTY carries out actions that are of a nature and technical
disadvantage to the FIRST PARTY;
Article 8
Disputes

In the event of a dispute, the FIRST PARTY and the SECOND PARTY agree and agree to
complete deliberations to reach consensus and if an agreement has not been reached, the
PARTIES agree and agree to settle it in accordance with the applicable law in the Republic of
Indonesia;

Article 9
Addendum and Collective Agreement

If there are other matters that have not been regulated and mentioned in this agreement, an
addendum and a letter of cooperation agreement will be made which the content and meaning
cannot be separated from this memorandum of understanding;

Article 10
Others

1. This memorandum of understanding is signed together and each party states in a

conscious state, physically and mentally healthy and without pressure and coercion
from any party;
2. This agreement is made in duplicate 2 (two) one in the FIRST PARTY and one in the
SECOND PARTY;
3. THE PARTIES are obliged to keep the secret;
4. The Memorandum of Understanding is valid since it was signed by both parties;
Thus this agreement is made and signed by PARTIES.
SECOND PARTY THE FIRST PARTY
PT ETHICA Pharmaceutical Industry PT Vatra Farma

Indrawati Taurus, M. Farm., Apt Edi Rahman, M. Farm., Apt.

Director of PT ETHICA Pharmaceutical Industry Director of PT Vatra Farma

Witness:

1. Sandy Yoga Ramadhan, S. Farm., Apt. (PT Vatra Farma)

2. Abdulaye Somad, S. Farm., Apt. (PT ETHICA Pharmaceutical Industry)
3. M. Heru Rahman (Line Today Journalist)