NO:
Date:_________
Signed at :_________
THE SELLERS:_________
THE BUYERS:_________
The undersigned Sellers and Buyers have confirmed this contract in accordance with the terms and conditions stipulated below :
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│Total value:(in words) │
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_________% more or less in quantity and value allowed.
2、Terms: _________(□FOB□ CFR□CIF□ DDU□_________)
3、Packing:_________
4、Shipping Marks:_________
5、Shipment from _________to _________
6、Tran shipment:□allowed□not allowed;Partial shipments: □allowed □not allowed
7、Shipment date:_________
8、Insurance : to be covered by the _________ FOR 110% of the invoice value covering _________ additional _________ form _________ to _________
9、Terms of payment:
□he buyers shall pay 100% of the sales proceeds through sight(demand)draft/by T/T remittance to the sellers not later than _________
□The buyers shall issue an irrevocable L/C at_________ sight through _________ in favour of the sellers prior to _________ indicating L/C shall be valid in China through negotiation within_________day after the shipment effected , the L/C must mention the Contract Number.
□Documents against payment: (D/P)The buyers shall duly make the payment against documentary draft made out to the buyers at _________days by the sellers.
□Documents against acceptance(D/A)The buyers shall duly accept the documentary draft made out to the buyers at _________days by the sells.
10、Documents require:□The sellers shall present the following documents required for negotiation/collection to the banks.
□Full set of clean on Board Ocean Bills of Lading.
□Signed commercial invoice in _________ copies.
□Packing list/weight memo in_________copies.
□Certificate of quantity and quality in_________copies issued by
□Insurance policy in_________copies.
□Certificate of Origin in _________copies issued by
11、Shipping advice : The sellers shall immediately , upon the completion of the loading of the goods , advise the buyers of the Contract No , names of commodity , loaded quantity , invoice values , gross weight , names of vessel and shipment date by TLX/FAX.
12、The buyers shall have the qualities , specifications , quantities of the goods carefully inspected by the _________Inspection Authority , which shall issue Inspection Certificate before shipment.
The buyers have right to have the goods inspected by the local commodity inspection authority after the arrival of the goods at the port of destination.
If the goods are found damaged / short / their specifications and quantities not in compliance with that specified in the contract, the buyers shall lodge claims against the sellers based on the Inspection Certificate issued by the Commodity Inspection Authority within _________ days after the goods arrival at the destination.
The claims , if any regarding to the quality of the goods shall be lodged within _________ days after arrival of the goods at the destination , if any regarding to the quantities of the goods , shall be lodged within _________days after arrival of the goods at the destination . The sellers shall not take any responsibility if any claims concerning the shipping goods is up to the responsibility of Insurance Company / Transportation Company /Post Office.
13、Force Majeure : The sellers shall not hold any responsibility for partial or total non-performance of this contract due to Force Majeure . But the sellers shall advise the buyers on times of such occurrence.
14、Disputes settlement : All disputes arising out of the contract or in connection with the contract , shall be submitted to the China International Economic and Trade Arbitration Commission for arbitration in accordance with its Rules of Arbitration in ShenZhen , China . The arbitral award is final and binding upon both parties.
15、Law application :It will be governed by the law of the People's Republic of China under the circumstances that the contract is singed or the goods while the disputes arising are in the People's Republic of China or the deffendant is Chinese legal person , otherwise it is governed by United Nations Convention on Contract for the International Sale of Goods.
16、Versions : This contract is made out in both Chinese and English of which version is equally effective .Conflicts between these two language arising therefrom . if any , shall be subject to Chinese version .
17、Additional Clauses : _________(conflicts between contract clause here above and this additional clause , if any , it is subject to this additional clause)
18、This contract is in _________ copies , effective since being signed/sealed by both parties.
the sellers(Seal):_________ the buyers(Seal):_________
Representative(Signature):_________ Representative(Signature):_________