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PURCHASE CONTRACT

Contract No. __
xxxxxxxxx (HK) CO. Limited www.xxxxxxx.net
Tel!!"#$xxx$xxxxxxx o%%ice&xxxxxxx.net
'()er xxxxxxxxx (HK) CO. Limited
Addre** xxxxxxxxxx
Tel !!"#$xxx$xxxxxxx
E$mail o%%ice&xxxxxxx.net
Seller
Addre**
Tel
E$mail
8. Packing
In accordance with the Sellers international export standard. Packing should be seaworthy.
9. Guarantee of quality:
The Seller shall guarantee that the commodity hereof is made of the best materials with best workmanship,
brand new, unused and complies in all respects with the quality, specification and performance stipulated in
the contract. The standard is according to factory samples which are sealed up for keeping by both parties.
The seller shall complete the order guarantee both in quality and quantity.
10. Inspection and claims:
ithin !" days after the goods# arri$al at the port of destination, the goods will be inspected by %ommodity
Inspection and Testing &ureau which the buyer apply for, and should the quality, specification, quantity be
found not in conformity with the stipulation of the contract and standard product technical data sheets, or
should the defect's( caused by any reasons including inherent detect's( or inferior material, except those
claims for which the insurance company or the owners of $essel are liable, the buyer shall, on the strength of
the inspection report issued by %ommodity Inspection and Testing &ureau, has the right to claim for
replacement with new goods within one month or compensation. )s regards quality, the Seller shall guarantee
that if within the guarantee period, damages occur in the course of operation by reason of inferior quality, bad
workmanship or the use of inferior materials, the &uyer shall immediately notify the Seller in writing and put
forward a claim supported by inspection certificate issued by %I*. The certificate so issued shall be accepted
as the basis of a claim. The Seller, in accordance with the &uyers claim shall be responsible for the
immediate elimination of the defect's(. here necessary and only after receipt of Sellers appro$al, the &uyer
shall be at liberty to eliminate the defect themsel$es at the Sellers expenses and with the Sellers consent. If
the Seller fails to answer the &uyer within one month after receipt of the aforesaid claim, the claim shall be
reckoned as ha$ing been accepted by the Seller
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11. Force majeure:
The Seller shall not be held responsible for the delay in shipment or non,deli$ery of the goods due to -orce
ma.eure 'war, war,like operation, acts of /od, riot, floods, earthquakes, and so on(, which might occur during
the process of manufacturing or in the course of loading or transit. The Seller shall ad$ise the &uyer
immediately of the occurrence mentioned abo$e and within fourteen days thereafter the Seller shall inform
the &uyer by airmail for their acceptance a certificate of the accident issued by the competent /o$ernment
)uthorities and0or Public Institutions where the accident occurs as e$idence thereof. 1nder such
circumstances the Seller, howe$er, are still under the obligation to take all necessary measures to hasten the
deli$ery of the goods. In case the accident lasts for more than +" weeks, the &uyer shall ha$e the right to
cancel the contract, and not execute all or part responsibility of the contract caused by -orce ma.eure..
1. !elayed deli"ery and penalty.
Should the Seller fail to make deli$ery on time as stipulated in the contract, with exception of -orce 2a.eure
causes, the &uyer shall agree to postpone the deli$ery on condition that the Seller agrees to pay a penalty
which shall be deducted by the paying bank from the negotiated payment. The penalty, howe$er, shall not
exceed 3 4 of the total $alue of late deli$ery. The rate of penalty is charged at ".34 per week calculated on
the amount of the current deli$ery of the goods in$ol$ed in the late deli$ery. -or e$ery se$en days or days
less than se$en days should be counted as se$en days. In case the Seller fails to deli$er ten weeks later than
the time of shipment stipulated in the contract, the &uyer shall ha$e the right to cancel the contract and the
Seller in spite of the cancellation, shall still pay the aforesaid penalty to the &uyer without delay.
1#. $r%itration:
)ll disputes in connection with this contract or the execution thereof shall be amicably settled through
negotiation. In case no settlement can be reached between the two parties, the case under dispute shall be
submitted to the International %hamber of %ommerce 'I%%(, for arbitration in accordance with its rules in
effect at the time. The decision made by I%% shall be accepted as final and binding upon both parties. The
arbitration fee shall be borne by the losing party unless otherwise awarded. 5uring the arbitration, the two
parties should still carry out partial contract terms which are not arbitrated.
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To assure the rights and interest of both parities, and the strictly execution of the contract, the contract shall
come into effect immediately after the contract is signed by two parties and notari6ed by notary office. The
notari6ation fee should be shared by both parties '3"4 by the buyer and 3"4 by the seller(. The
Supplemental )greement of the contract is also in legal effect.

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