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SALES CONTRACT
SELLER:
TEL: FAX:
CONTACT NO.: NEO20100901
DATE: Sep. 1ST, 2010
BUYER:
This contract Is made by and agreed between the BUYER and SELLER , in accordance with the terms and conditions stipulated as below.
NAME OF COMMODITY AND SPECIFICATIONS HS
CODE QUANTITY
KG UNIT
USD/KG TOTAL AMOUNT (USD)
TOTAL (FOB)
TOTAL:
__5__% more or less allowed
(5) Packing: Packing exported brown carton.size :55*40*30CM
(6) Time of Shipment & means of Transportation :Not later than Dec.30, 2010 BY SEA
(7) Port of Destination: SHENZHEN PORT TO SEATTLE PORT
(8) Shipping Marks: Neesha BRAND
(9) Terms of Payment:
50% DEPOSIT; 50% BALANCE BEFORE SHIPMENT
(10)production time: after receiving __%deposit, our company commit
production time can be on Nov 1th to Nov 7.
(11) Insurance:
Covers all risks and war risks only as per the Clauses of the People's Insurance Company of China for 110% of the invoice value.
To be effected by the Buyer.
(13) Documents: The Sellers shall present to the negotiating bank, Clean On Board Bill of Lading, Invoice, Quality Certificate issued by the China Commodity Inspection Bureau or the Manufacturers, Survey Report on Quantity/Weight issued by the China Commodity Inspection Bureau, and Transferable Insurance policy or Insurance Certificate when this contract is made on CIF basis.
(14) For this contract signed on CIF basis, the premium should be 110% of invoice value. All risks insured should be included within this contract. If the Buyer asks to increase the insurance premium or scope of risks, he should get the permission of the Seller before time of loading, and all the charges thus incurred should be borne by the Buyer.
(15) Quality/Quantity Discrepancy; In case of quality discrepancy, claim should be filed by the Buyer within 30 days after the arrival of the goods at port of destination; while for quantity discrepancy, claim should be filed by the Buyer within 15 days after the arrival of the goods at port of destination. It is understood that the Seller shall not be liable for any discrepancy of the goods shipped due to causes for which the Insurance Company, Shipping Company, other transportation organizations and/or Post Office are liable.
(16) The Seller shall not be held liable for failure or delay in delivery of the entire lot or a portion of the goods under this Sales Contract in consequence of any Force Majeure incidents.
(17) Arbitration:
All disputes in connection with this contract or the execution thereof shall be settled friendly through negotiations. In case no settlement can be reached, the case may then be submitted for arbitration to China International Economic And Trade Arbitration Commission in accordance with the provisional Rules of Procedures promulgated by the said Arbitration Commission. The arbitration shall take place in Beijing and the decision of the Arbitration Commission shall be final and binding upon both parties; neither party shall seek recourse to a law court nor other authorities to appeal for revision of the decision. Arbitration fee shall be borne by the losing party. Or arbitration may be settled in the third country mutually agreed upon by both parties.
(19) Other Conditions:
Seller:
Buyer:
Our Contract Template Database is complied in accordance with laws of P.R.China.This English document is translated according to its Chinese version. In case of discrepancy, the original version in Chinese shall prevail.
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