《英文补偿贸易合同(附中文)》.docxVIP

英文补偿贸易合同(附中文) Compensation Trade Contract Tliis contract is hereby made and entered into between Guangdong Jiaxing Industrial Co.,Ltd.(hereinafter refeiTed to as Paity A) and Tailoiig Electroiiics(Singapore) Co., Ltd.(hereinafter refened to as Paity B) on October 12,1995 in Guangzhou, Cliiiia on the basis of equality and mutual benefit and tluough amicable consultation. Paity A: Guangdong Jiaxiiig Industrial Co., Ltd. Add: 317 Huanshi East Road, Guangzhou, Cliiiia Tel: (020)Fax: (020Party B: Tailong Electronics (Singapore) Co., Ltd. Add: 111 North Bridge Road, Singapore Tel: (65) 3324951 Fax: (65) 3324928 Contents of Tiaiisactioiis Party A agrees to buy from Paity B and Party B agrees to sell to Paity A Assembly Lilies for Color TV Sets, whose specifications, teclniical reqiiiiements, price and delivery schedule shall be specified in ail additional contract to be made between botli paities, wliich shall seive as an integral part of tliis contract. Paity B shall buy from Party A Color TV Sets turned out on the Assembly Lilies supplied by Paity B in an ainoiuit approximately equal to that of the Assembly Lines. The quality quantity, luiit price, packing and deliveiy schedule shall also be specified in ail additional contract, wliich shall constitute ail integral pait of tliis contract. Tenns of Payment Payment of the transactions stipulated in Article 1 shall be effected by reciprocal Ls/C. Paity A shall open a usance L/C ill favor of Paity B to pay by iiistailments the entile cost of the Assembly Lines to be supplied by Paity B ； whereas Paity B shall open a sight L/C in favor of Paity A to pay each sliipment of Color TV Sets to be delivered by Paity A. The tenor of the usance L/C sliall be ill consistence with the tenn of compensation stipulated ill Aiticle 3. The total proceeds received by Paity A from selling Color TV Sets to Paity B witliiii the diuation of tliis contract shall be equal to, and used to cover, the total value of the Assembly L