No. :
Signed at:
Date:
Seller:
Address :
Tel:
Fax:
E-mail:
Buyer:
Address:
Tel:
Fax:
E-mail:
The undersigned Seller and Buyer have agreed to close the following transactions according to the terms and conditions set forth as below:
1.Name, Specifications and Quality of Commodity:
2.Quantity:
3.Unit Price and Terms of Delivery:
The terms FOB,CFR,or CIF shall be subject to the International Rules for the Interpretation of Trade Terms (INCOTERMS 2000) provided by International Chamber of Commerce (ICC) unless otherwise stipulated herein.)
4.Total Amount:
5.More or Less:___%。
6.Time of Shipment:
Within _____ days after receipt of L/C allowing transhipment and partial shipment.
7.Terms of Payment:
By Confirmed, Irrevocable, Transferable and Divisible L/C to be available by sight draft to reach the Seller before ______ and to remain valid for negotiation in China until ______after the Time of Shipment. The L/C must specify that transshipment and partial shipments are allowed.
The Buyer shall establish a Letter of Credit before the above-stipulated time, failing which, the Seller shall have the right to rescind this Contract upon the arrival of the notice at Buyer or to accept whole or part of this Contract non fulfilled by the Buyer, or to lodge a claim for the direct losses sustained, if any.
8.Packing:
9.Insurance:
Covering _____ Risks for______110% of Invoice Value to be effected by the ____________.
10.Quality/Quantity discrepancy:
如买方提出索赔,凡属品质异议须于货到目的口岸之日起30天内提出,凡属数量异议须于货到目的口岸之日起15天内提出,对所装货物所提任何异议于保险公司、轮船公司、其他有关运输机构或邮递机构所负责者,卖方不负任何责任。
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 Organization /or Post Office are liable.
11.The Seller shall not be held responsible 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 which might occur. Force Majeure as referred to in this contract means unforeseeable, unavoidable and insurmountable objective conditions.
12.Arbitration:
Any dispute arising from or in connection with the Sales Contract shall be settled through friendly negotiation. In case no settlement can be reached, the dispute shall then be submitted to China International Economic and Trade Arbitration Commission (CIETAC), South China Sub-Commission for arbitration in accordance with its rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties.
13.Notices:
All notice shall be written in _____ and served to both parties by fax/e-mail /courier according to the following addresses. If any changes of the addresses occur, one party shall inform the other party of the change of address within ____ days after the change.
14.This Contract is executed in two counterparts each in Chinese and English, each of which shall be deemed equally authentic. This Contract is in _____ copies effective since being signed/sealed by both parties.
The Seller: The Buyer: