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Contract
No : ADate :Signed at: ChangSha
Sellers: LIDA TRADING COMPANY LIMITED
Address: China Jiefang East Road, Changsha, 358 Fax: 0731Buyers: Abdulla Company
Address: P.O.Box No.123, Kuwait
The sellers agrees to sell and the buyer agrees to buy the under mentioned goods on the terms and conditions stated below.
Article No.ZBC56
Description Specification: Butterfly brand sewing machine model: YKJ-20
Quantity :3500 sets
Unit Price :60 dollars
Total Amount :210000 dollars
With 5% more or less both in amount and quantity allowed at the sellers option.
Countries of Origin and Manufacturer LIDA TRADING COMPANY LIMITED
Packing: Wooden case
Time of Shipment : 2010/10/11
Port of Loading : Shanghai
10Port of Destination : Kuwait
11 Insurance: To be affected by buyers for 110% of invoice value covering.
12Payment:
By confirmed, irrevocable, transferable and divisible L/C to be available by sight draft to reach the sellers before 2010/9/15and to remain valid for negotiation in China until 15 days after the aforesaid time of shipment. Tie L/C must specify that transshipment and partial shipments are allowed.
13 Documents : 1 The seller after shipment of the goods, should be negotiating bank provides the following documents as a basis for negotiation of the purchase price: A) four copies of the invoice; B) clean copy of the original Bill of lading in duplicate; C) by commodity inspection Bureau
quality inspection certificate issued by the weight of the identification certificate and a copy of each certificate of origin. 2 the seller shall deliver the documents in the clean copy of the Bill
of lading in duplicate, with the vessel at the port of destination with buyers designated consignee. the remaining copies of the documents in duplicate airmail to the buyer.
14 Force Majeure :
Either party shall not be held responsible for failure or delay to perform all or any part of this agreement due to flood, fire, earthquake, draught, war or any other event
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