Sales Purchase Sugar

SALE AND PURCHASE CONTRACT
Refined Mitrphol White Sugar (ICUMSA 45)
TWO HUNDRED FIFTY THOUSAND (250,000.00) SACKS of FIFTY (50) KG EACH

TWELVE THOUSAND FIVE HUNDRED (12,500) METRIC TONS
This Agreement made on October _____, 2019, By and Between:
COMPANY NAME :
ADDRESS :
REPRESENTED BY :
HEREINAFTER REFERRED TO AS THE “SELLER” / “FIRST PARTY”.
-AND-
COMPANY NAME :
ADDRESS :
REPRESENTED BY :
:
HEREINAFTER REFERRED TO AS THE “BUYER” / “SECOND PARTY”
WITNESSETH:
WHEREAS, the FIRST PARTY is presently engaged in the business of import, buying, selling,
distributing, marketing of wholesale and retail insofar as may be permitted by law, all kinds of goods, wares and
merchandise of every kind and description; To enter into all kinds of contracts for the export, import, purchase,
acquisition, sale, retail and wholesale and other disposition for its own account as principal or in representative
capacity as manufacturer’s representative, merchandise broker, indentor, commission merchant factors or agents
upon consignment of all kinds of goods, wares, merchandise or products.
WHEREAS, the SECOND PARTY with full and legal authority and financial capability, hereby declares
that they are willing, ready and able to purchase the goods from the FIRST PARTY and makes an irrevocable firm
commitment to buy ONE HUNDRED NINETY FIVE THOUSAND (195,000) sacks of FIFTY KG each, or a
Total Volume of TWELVE THOUSAND FIVE HUNDRED (9,750) METRIC TONS of REFINED MITRPHOL
WHITE SUGAR (ICUMSA 45) as per request contract.
WHEREAS, the parties (including their associates, agents, affiliates and/or representatives collectively or
individually referred to as "affiliates" herein) contemplate entering into or participating in one or more business
transactions concurrently herewith and/or hereafter during the term of this agreement (hereafter individually and/or
collectively referred to as the " SALES AND PURCHASE AGREEMENT ON REFINED MITRPHOL WHITE
SUGAR (ICUMSA 45)”.
NOW THEREFORE, for and in consideration of the foregoing, the parties hereto agree as follows:
1. SCOPE:
1.1 The FIRST PARTY, with full authority and legal responsibility, RECOGNIZES THE POSITION OF
THE SECOND PARTY as BUYER of REFINED MITRPHOL WHITE SUGAR (ICUMSA 45) and
considered as the FIRST PARTY is the SELLER;
1.2 Upon signing of this Supply Agreement Contract, both Parties agree the transaction to start the
business upon signing of contract, with reference to the Supply and Purchase Contract’s duration, as
well as any renewals, extensions, roll-overs, additions or any new or transfer contract as originated
from this transaction.
1.3 Upon full payment by SECOND PARTY to FIRST PARTY, SECOND PARTY shall pick up the Sugar
from FIRST PARTY’s warehouse at Subic Bay Freeport Zone..
2. TRANSACTION
PRODUCT : REFINED MITRPHOL WHITE SUGAR (ICUMSA 45)

QUANTITY : fifty thousand (50,000) Sacks based on
Purchase Order or as stipulated in the Contract
PACKAGING : Fifty (50) kg Sack
TOTAL VOLUME : Nine Thousand Seven Hundred Fifty (9,750) Metric Tons
PRICE PER SACK : One thousand seven hundred fifty Philippine Pesos Per Bag
Php 1,750.00
TOTAL PAYMENT : Three Hundred Ninety Million Philippine Pesos

390,000,000.00
DELIVERY : Buyer pick-up at Seller Warehouse Subic Bay Freeport Zone.

PAYMENT : MC/Direct Deposit upon verification of inventory/stocks.
4. NON-CIRCUMVENTION and NON-DISCLOSURE
All Parties herewith declare and guarantee that they shall not, directly or indirectly, interfere, circumvent by-pass
or obviate each other’s interests. This is valid during all transactions inclusive of all replacements, extensions and
additions. This document commits all Parties and also their employees, shareholders, partners, workers, and all
other involved persons. They likewise undertake not to disclose any confidential information to third parties,
including contract terms, prices, or fees.
5. GENERAL AGREEMENT
This Agreement is not to be changed or altered without the written consent of parties hereto and hereby recognizes
with corporate authority and mandate for the parties involved; A signed copy of this Agreement shall be considered
as legal paper and original by the consent of the parties having signed the Agreement below, and as witnessed
thereof, which the signatories have affixed their signatures and seals.
IN WITNESS WHEREOF, we hereunto affix our signatures on October ____, 2019 at
________________, Philippines.
Signed:
FIRST PARTY SECOND PARTY
__________________________________ ________________________________
Signed in the presence of:
___________________________________ _______________________________
Witness Witness
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES )

CITY OF ________________ ) S.S.
BEFORE ME, a Notary Public for the cities and province of_______________, Philippines, on this
_____ day of October, 2019 in _________________, Philippines personally appeared:
NAME ID NO. DATE & PLACE ISSUED
_________________________ ____________________ __________________________
_________________________ ____________________ __________________________
_________________________ ____________________ __________________________
_________________________ ____________________ __________________________
Known to me and to me known to be the same persons who executed the foregoing instrument and they
acknowledged to me that the same is their own free act and voluntary deed.
This instrument consisting of THREE (3) pages, including this page where the acknowledgment is written
is hereby signed by the parties and their instrumental witnesses on each and every page hereof.
WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above-written.
NOTARY PUBLIC
Doc. No. ____

Page No. ____
Book No. ____
Series of 2019

Sales Purchase Sugar

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SALE AND PURCHASE CONTRACT

Refined Mitrphol White Sugar (ICUMSA 45)

TWO HUNDRED FIFTY THOUSAND (250,000.00) SACKS of FIFTY (50) KG EACH

This Agreement made on October _____, 2019, By and Between:

HEREINAFTER REFERRED TO AS THE “SELLER” / “FIRST PARTY”.

HEREINAFTER REFERRED TO AS THE “BUYER” / “SECOND PARTY”

PRODUCT : REFINED MITRPHOL WHITE SUGAR (ICUMSA 45)

TOTAL PAYMENT : Three Hundred Ninety Million Philippine Pesos

DELIVERY : Buyer pick-up at Seller Warehouse Subic Bay Freeport Zone.

4. NON-CIRCUMVENTION and NON-DISCLOSURE

FIRST PARTY SECOND PARTY

Signed in the presence of:

REPUBLIC OF THE PHILIPPINES )

NAME ID NO. DATE & PLACE ISSUED

_________________________ ____________________ __________________________

_________________________ ____________________ __________________________

_________________________ ____________________ __________________________

_________________________ ____________________ __________________________

Doc. No. ____

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