CONTRACT NO:
DATE :
SIGNED AT:
Seller:
Address:
Tel:
Fax:
E-mail:
Buyer:
Address:
Tel:
Fax:
E-mail:
THE UNDERSIGNED SELLERS AND BUYERS HAVE AGREED TO CLOSE THE FOLLOWING TRANSACTIONS ACCORDING TO THE TERMS AND CONDITIONS STIPULATED BELOW:
ART. NO.
DESCRIPTION
QUANTITY
UNIT PRICE
AMOUNT
TOTAL VALUE
1.WITH_____ % MORE OR LESS BOTH IN AMOUNT AND QUANTITY ALLOWED AT THE SELLERS OPTION。
2.PACKING:
3.SHIPPING MARK:
4.TIME OF SHIPMENT:
5.LOADING & DESTINATION:
6.INSURANCE: TO BE EFFECTED BY BUYERS FOR 110% OF FULL INVOICE VALUE COVERING_______UP TO________ONLY.
7.PAYMENT:BY COFIRMED,IRREVOCABLE,TRANSFERABLE AND DIVISIBLE L/C TO BE AVAILABLE BY SIGHT DRAFT TO REACH THE SELLERS BEFORE _________(DATE) AND TO REMAIN VALID FOR NEGOTIATION IN CHINA UNTIL 15 DAYS AFTER THE AFORESAID TIME OF SHIPMENT. THE L/C MUST SPECIFY THAT TRANSIPMENT AND PARTIAL SHIPMENTS ARE ALLOWED.
8.ARBITRATION CLAUSES:ANY DISPUTE ARISING FROM OR IN CONNECTION WITH THIS CONTRACT SHALL BE REFERRED TO CHINA INTERNATIONAL ECONOMIC AND TRADE ARBITRATION COMMISSION, 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..
9.This Contract is executed in two counterparts each in Chinese and English, each of which shall deemed equally authentic. This Contract is in ______ copies, effective since being signed/sealed by both parties.
REMARK:
Seller:_______________ Buyer: ____________________
(Signature) (Signature)