Thank you for your letter dated 29.09.2015. Good that we align with you on all the items of the preliminary agreement except p. 5 and 6.On p. 5: your account correctly and IEE patch tested. Bank details & Partners brought in THANH'S Contract with the score in Vnd, which cannot be used for the IEE and don't need SWIFT code. , For IEE, please use our account in dollars with full details, including the SWIFT code, as described in our invoices, for IEE.On p. 6: in any case, bank guarantees BIDV does not help us to quickly get money from Lisemko because Mr. Han maintains that as soon as the IEE will require payment on the guarantee of the Bank, he would file a lawsuit for breach of contract to stop the Bank from the payment. The Bank will have to stop payment because a violation of the Lisemkom contract is not proven, and even the Court or Tribunal may issue an order to temporarily suspend payment to the settlement of disputes. Moreover, this warranty will end in February 2016, i.e. before the end of the second payment in agreement with Lisemko. As you know, the Lisemko is obliged to ship the products in the fourth instalment March 2016 and receive money for it sometime in April. So you better get the money in the worst case of forced order of execution of the arbitral award. We suggest not to complicate and lose time to negotiate with the situation on your proposal.Hopefully that will get your full attention and approval on the above issues.Best wishes.
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