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1、SALES CONTRACTNO.:DATE :THE SELLER :THE BUYER :THE AGENT :THIS CONTRACT IS MADE BY AND BETWEEN THE SELLERS AND THE BUYERS. WHERE BY THE SELLERS AGREETO SELL AND THE BUYERS AGREE TO BUY THE UNDER MENTIONED GOODS ACCORDING TO THE TERMS ANDCONDITIONS STIPULATED BELOW AND OVERLEAF :(1) NAME OF COMMODITY
2、AND SPECIFICA TION(2) QUANTITY(3) UNIT PRICE(4) TOTAL AMOUNTKGSUSD/KGCIFUSDTTL :TTL AMOUNT : SAY US DOLLARSNOTE: ALL THE PRODUCTS UNDER THE CONTRACT ARE ONLY USED FOR MANUFACTURING AND SELLING ASGENERAL CHEMICAL PRODUCTS. ANY PRODUCTS PROTECTED BY V ALID PA TENTS ARE NOT OFFERED FOR SALE IN COUNTRIE
3、S, WHERE THE SALE OF SUCH PRODUCTS CONSTITUTES A PATENT INFRINGEMENT. AS IT IS IMPOSSIBLE FOR SELLER TO BE INFORMED ABOUT THE PA TENT SITUATION IN ALL COUNTRIES, THE LIABILITY FOR PATENT INFRINGEMENT IS EXCLUSIVELY TO BE UNDERSTOOD AS BUYER'S RISK.THE AGENT MUST GUARANTEE THAT THE BUYER WILL MAK
4、E THE PAYMENT ON TIME, AND THERE IS NO COMMISSION FOR THE AGENT IN THIS CONTRACT.(5) PACKING:*THE SHELF LIFE:(6) PORT OF LOADING: CHINA MAIN SEAPORT(7) PORT OF DESTINATION:(8) TIME OF SHIPMENT:(9) TERMS OF PAYMENT:*THE LOSS BROUGHT ABOUT BY THE CHANGE OF THE FORWARD FOREIGN EXCHANGE RA TE.PARTICULAR
5、LY REFERRING TO THE US-DOLLAR TO-RMB EXCHANGE RA TE SHOULD BE BORNE ON THE BUYERS FOR THEIR OVERDUE PAYMENT.IF A PARTY DOES NOT PAY A SUM OF MONEY WHEN IT FALLS DUE, THE OTHER PARTY IS ENTITLED TO INTEREST UPON THA T SUM FROM THE TIME WHEN PAYMENT IS DUE TO THE TIME OF PAYMENT;UNLESS OTHERWISE AGREE
6、D, THE RATE OF INTEREST SHALL BE 2% ABOVE THE A VERAGE BANK SHORT-TERM LENDING RATE TO PRIME BORROWERS PREVAILING FOR THE CURRENCY OF PAYMENT AT THE PLACE OF PAYMENT, OR WHERE NO SUCH RATE EXISTS AT THAT PLACE, THEN THE SAME RATE IN THE STATE OF THE CURRENCY OF PAYMENT;IN THE ABSENCE OF SUCH A RATE
7、AT EITHER PLACE, THE RA TE OF INTEREST SHALL BE THE APPROPRIA TE RATE FIXED BY THE LAW OF THE STATE OF THE CURRENCY OF PAYMENT.THE GOODS SHALL REMAIN THE PROPERTY OF THE SELLER UNTIL THE COMPLETE PAYMENT OF THE PRICE, ORAS OTHERWISE AGREED;PROPERTY IN THE GOODS SHALL REMAIN VESTED IN THE SELLER UNTI
8、L PAYMENT IN FULL THEREOF SHALLHAVE BEEN MADE BY THE BUYER.(10) INSURANCE:COVERS ALL RISKS AND WAR RISKS ONLY AS PER THE CLAUSES OF THE PEOPLE'S INSURANCE COMPANY OFCHINA FOR 110% OF THE INVOICE V ALUE.FOR THIS CONTRACT SIGNED ON CIF BASIS, THE PREMIUM SHOULD BE 110% OF INVOICE V ALUE. ALL RISKS
9、 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.(11) DOCUMENTS:THE SELLER SHALL PRESENT TO THE BUY
10、ER, BILL OF LADING , INVOICE, CERTIFICA TE OF ANALYSIS, AND TRANSFERABLE INSURANCE POLICY OR INSURANCE CERTIFICATE WHEN THIS CONTRACT IS MADE ON CIF BASIS.(12) QUA LITY/QUANTITY DISCREPANCY:IN CASE OF QUALITY DISCREPANCY, CLAIM SHOULD BE FILED BY THE BUYER WITHIN 30 DAYS AFTER THE ARRIVAL OF THE GOO
11、DS AT PORT OF DESTINATION. WHILE FOR QUANTITY DISCREPANCY, CLAIM SHOULD BEFILED BY THE BUYER AS SOON AS HE PICKS UP THE GOODS. THE BUYER SHALL BE LIABLE FOR COLLECTING THE RELATED CERTIFICATE DOCUMENTS FROM LOCAL CUSTOMS AND THE SURVEY AGENT. THE BUYER SHALLBE l_lABLE FOR COLLECTING THE RELATED CERT
12、IFICA TE DOCUMENTS FROM PROFESSIONAL SURVEY INSTITUTION APPROVED BY SELLER. IT IS UNDERSTOOD THA T THE SELLER SHALL NOT BE l_l ABLE 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 l_l
13、ABLE.(13) FORCE MAJEURE :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.THE SELLER WILL NOT BE LIABLE IN ANY WAY FOR ANY DELAY , NON DELIVERY OR DEFAULT IN SHIPME
14、NT DUE TO LABOR DISPUTE, TRANSPORTATION SHORTAGE, DELAYS IN RECEIPT OF MA TERIAL, PRIORITIES, FIRES, ACCIDENTS AND OTHER CAUSES BEYOND THE CONTROL OF THE SELLER OR ITS SUPPLIERS;IF THE SELLER, IN ITS SOLE JUDGMENT, WILL BE PREVENTED DIRECTLY OR INDIRECTLY , ON ACCOUNT OF ANY CAUSE BEYOND ITS CONTROL
15、, THEN THE SELLER WILL HA VE THE RIGHT TO TERMINATE THE CONTRACT BY NOTICE IN WRITING TO THE BUYER, WHICH NOTICE WILL BE ACCOMPANIED BY FULL REFUND OF ALL SUMS PAID BY THE BUYER PURSUANT TO THIS CONTRACT.(14) ARBITRATION:ANY DISPUTE ARISING FROM OR IN CONNECTION WITH THIS CONTRACT SHALL BE SUBMITTED
16、 TO CHINA INTERNATIONAL ECONOMIC AND TRADE ARBITRATION COMMISSION, SHANGHAI SUB-COMMISSION FOR ARBITRATION WHICH SHALL BE CONDUCTED IN ACCORDANCE WITH THE COMMISSION'S ARBITRATION RULES IN EFFECT A T THE TIME OF APPLYING FOR ARBITRA TION. THE ARBITRAL AWARD IS FINAL AND BINDING UPON BOTH PARTIES.(15) THE CONTRACT WILL INURE TO THE BENEFIT OF AND BE BINDING UPON THE SELLER AND THE BUYER AND THEIR RESPECTIVE SUCCESSORS AND ASSIGNS.(16) THE CONTRACT WILL COME INTO EFFECT UPON THE BUYER'S CREDIT IS APPROVED BY SINO-SURE.
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