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CONTRACT
No.: CN0104
Place: Beijing
Date: Dec. 27, 2000
The Buyer:
The Seller:
China ABC TRADE CORP.
Adds:No.10 Fuchengmen Ave.,
Beijing 100037, China
Tel: +86-10Fax: +86-10John Williams Agricultural Machinery Co., LTD
Adds: No. 75 Coastal Road, New York,
NY10000, USA
Tel/Fax: +1-221
The Buyer agrees to buy and the Seller agrees to sell the under mentioned goods under the terms and conditions stated below:
1. Description of Goods, Quantity and Unit Price:
Item No.
Commodity Specifications
Unit
Qnty.
Unit Price
Amount
1.
John Williams Model-390 Mower
set
30
USD3350.-
USD100, 500.-
Total: USD100, 500.-
CIF Xingang,
Total Value
SAY US DOLLAR ONE HUNDRED THOUSAND FIVE HUNDRED ONLY.
(*The price terms are based on INCOTERMS 2000)
2. Manufacturer and Country of Origin: John Williams Agricultural Machinery Co., LTD, USA
3.Packing: In CONTAINER(S), be good for long distance ocean, land transportation, adapted to climate-changing and resistant to moisture, wet, shock, rusty and rude loading. The Seller shall be liable for any damage or loss of the goods caused by improper packing attributable to inadequate protective measures in packing.
4. Shipping Mark: CN0104
Xingang,
The Seller shall mark on each package with fadeless paint the package number, measurement, gross weight, net weight, and such warnings as “KEEP AWAY FROM MOISTURE”, “HANDLE WITH CARE”, “THIS SIDE UP” and “LIFT HERE” as well as the Shipping Mark.
5. Date of Shipment: within 90 days after the issuing date of L/C
6. Port of Shipment: New York Seaport, USA
Destination: Xingang,
7. Partial shipment Not Allowed Transhipment Not Allowed
8. Insurance: To be borne by the Seller covering 110% of the total invoiced value against All Risks War Risks in favor of the Buyer.
9. Terms of Payment: L/C
Before Jan.30, 2001, the Buyer shall open an Irrevocable Letter of Credi
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