Sales Contract Final

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SALES CONTRACT

No: SJ-DONGA/03/2020
Date: 20 Oct, 2020
BETWEEN : SJ KIM COMPANY CO.,LTD
Address : 7/8 Quarter 8, Hoc Mon town, Hoc Mon district, Ho Chi Minh city
Tel : 0932 215296 Fax:
Mail : mrkimwebbing@gmail .com
Represented by : NGUYEN THI THANH HIEU
H/P :0938445957 MR KIM

ACCOUNT NAME ; SJ KIM COMPANY CO.,LTD


ACCOUNT NO : 0602 5009 2752
BANK NAME :SAI GON THUONG TIN COMMERCIAL JOINT STOCK
BANK(SACOMBANK)
SWIFT CODE :SGTTVNVX
BANK ADDRESS :145/5 Nguyen Anh Thu ,Trung Chanh 2 village,Trumg Chanh
Ward,Hoc Mon Distric,Ho Chi Minh city,Viet Nam

AND : DONGA TRADE CO,. LTD.


Address : No.262, Yeonji-Gil, Jillyang-Eup, Gyeong San-Si,
Gyeongsangbuk-Do, Republic Of Korea
Telephone No : +82 53 961 0410 Fax: 82 53 762 2228
E-mail : dalong78@naver.com
H/P :+82 010 5504 2297 MR KWON

The above parties hereby agreed that Seller shall sell and Buyer shall buy the
following commodity with the following terms and conditions:
1/ COMMODITY:
Quantity Unit Price Amount
Commodity & Description
(MTR) (USD/MTR) (USD)
1. Eband 50mm 120,000 0.17 20,400
2. Poly band 20mm 57,000 0.027 1,539
TOTAL 21,939
L/C no.: M3116011NS00019, Dated: 12/Nov/2020
Origin: Viet Nam
Total Amount in words: US dollars, Twenty one thousands nine hundred thirty
nine only.
Term of price: CIF- BUSAN PORT, REPUBLIC OF KOREA
2/ QUALITY: As per manufacture export standard
3/ PACKING: Must be ensured to stand suitable for long distance
international transportation and safety
4/ SHIPMENT:
- Port of loading: Any Ho Chi Minh port
- Port of discharge: Busan port, Korea
- Time of delivery: Within 45 days after receipt of L/C from the Buyer
- Transhipment: not Allowed
- Partial Shipment: Not allowed

5/ PAYMENT:
By Irrevocable Letter of Credit at sight L/C
Buyer shall open an irrevocable Letter of Credit at sight L/C requiring the following
documents for negotiation:
DOCUMENTS:
- The full set of clean on Board bills of Lading marked “Freight pre-paid” and
notify the applicant
- The signed commercial invoice: 03 originals
- The detail Packing List: 03 originals
- The Original Insurance Policy of total contract value: 01 original
- Certificate of origin: 01 original
- Fumigation certificate: 01 original
6/ INSURANCE:
To be converred by the Seller
7/ FORCE MAJEURE
Seller is not liable for any penalty of delay delivery of all or any of this contract caused
by any contingency beyond its control or beyond the control of, or convered by its
contract to furnish this commodity. Such contingencies shall include, but not limited to
governmental or other restraints affecting shipment or credit, strikes, lockouts, floods,
droughts, short or reduced supply of fuel or raw materials declared or undeclared wars
revolutions, fires cyclones or hurricanes, epidemics or any other acts of good or force
majeure.
8/ ARBITRATION:
In case of disputes and it contracting parties can not reach an amicable settlement of the
claim within 60 days from its occurrence the case will be transfered to the arbitration
chamber of Hochiminh City Chamber of Commerce for final settlement. A panel of 3
Arbitration will be formed, each party appointing one arbitrator and both shall appointing
a third one as president of panel. The decision taken by the arbitration panel shall be final
and binding.
Arbitration fees shall be at the losing party's account.
9/ AMENDMENT/ALTERATIONS:
Any amendments or alterations of the terms of this contract must be mutually agreed
previously and made in writting.
The contract made at Hochiminh City in English language, in 04 copies, each party holds
two copy with same validity.
THE SELLER THE BUYER

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