Master Purchase Agreement (a) (1)

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Mast

erPur
chaseAgr
eement

ThisMast erPurchaseAgr eement( “Agreement”)ismadeandent ered


i
ntoasoft hi
s__ _
_dayof_ ____
,2024( the“Effecti
veDate”)byand
between I nter
national Suppl i
es Company ( “ISC”)
, an Egy pt
ian
corporat
ion,havinganaddr essat ,andYemenco,al i
mited
l
iabil
it
ycompanyhav i
ng an addr ess atSana’Yemen ( “Suppli
er”
)
(i
ndivi
duallya“Party”,
andcol lect
ivel
ythe“ Par
ti
es” )
.

WHEREAS,Supplierdesi
restosellcer
tai
npr oduct
s(“Goods”)
,li
sted
on Exhibi
tA att
ached heret
o,and ISC desir
est o pur
chasesuch
Goods,on an as-needed basi
s,upon the terms and condit
ions
contai
nedher
ein.

NOW,THEREFORE,i n considerat
ion ofthe promises,the mutual
covenant sandagr eement sher ei
ncont ai
nedandot hergoodand
val
uable considerati
on,t he recei
ptand suffici
encyofwhi ch ar
e
expresslyacknowledged,t hePar t
iesheret
o,intendi
ngt obel egal
ly
bound, agreeasfoll
ows:

1. ScopeofAgr
eement
.

ThisAgr eementshal lgov erneachsal eoftheGoodsbySuppl ierto


ISCpr i
ortot heEffecti
v eDat eanddur ingtheTerm.Thi sAgreement
shallapplyonlytothepur chaseofGoodsbyI SCandi t
sconsolidated
subsidiari
esoraf fil
iatest hatI SC bi ndst othi
sAgr eementbyi t
s
signature orwhi ch separ at
el y agree tot he provi
sions oft hi
s
Agreement .I ft
hereisaconf lictbetweent hetermscont ai
nedint he
mai nbodyoft hi
sAgr eement ,anyExhi bi
tand/oraPur chaseOr der,
thefollowingorderofpr ecedenceshal lappl
y:(i
)PurchaseOrder ;(i
i)
theappl i
cabl
eExhibit;andt hen, (i
i
i)themai nbodyofthisAgreement .

2. Pur
chaseOr
der
s.

2.1 Pur chaseOr ders. Dur i


ngtheTer m oftheAgr eement,
Supplieragreest oselltoISCt heGoodsorderedbyISC’sdul
yi ssued
purchase or ders( each,a “ Purchase Order
”)on the ter
ms and
conditionsprovidedherein.EachPur chaseOrdershal
lbedeemedt o
be incor por
ated as par toft his Agr
eementupon I SC’
sissuance
thereof.APur chaseOr dershallbedeemedaccept edbySuppl i
erin
theeventSuppl i
erfail
stopr ovi
depr operwr i
tt
ennoticeofr ej
ection
withi
nfort
y-eight(48)hoursofISC’sissuanceofthePur chaseOr der
i
n accordancewi tht het er
msand condi t i
onsoft hisAgreement .
Suppli
ershallhavet heri
ghttorejectaPur chaseOrderonlyif(i)the
Purchase Orderdoes notcompl ywi th,ormodi fi
es,t he express
requi
rementsoft hisAgr eement
,or( ii
)isf ordel
i
veryofGoodsnot
l
istedonExhibitAat t
achedheret
o.

2.
2 Exclusivi
ty. This Agreement shal l not i
mpose any
obli
gati
onofexclusi
vityoneitherPartyhereto,andeachPartyshal
l
befreetopurchaseandsel lgoodssimi l
aroridenti
calt
otheGoods
fr
om andtothir
dpar t
ies,ati
tssolediscret
ion.ThisAgreementdoes
notobli
gat
eISCt oenteri
ntoanyPur chaseOrder.

2.3 Sof t
ware.Intheev enttheGoodsi ncludeori ncorporate
software devel
oped,owned or l i
censed by Suppl ier including
embedded sof tware and fir
mwar e( “Software”)
,Suppl i
erher eby
authori
zesISCt ouse,sell
,reselland/orli
censet heSof t
war esol el
y
asincorporat
edi nt
osuchGoods.Useoft heSof t
warebyI SC’send
usercustomer s shal
lbe subj ectt o Suppli
er’s end userl i
cense
agreementaccompany ingsuchGoods.

3. Del
i
ver
y.

3.1 Del i
v ery .Pur chaseOr derswi llinclude,i nteral
ia,thedat e,
ti
meandl ocationf oreachdel i
very . Suppl i
eragr eest of ol
low the
shippi
ngi nstructionssetf orthinthi sAgr eementand/ oraPur chase
Order.Suppl ieragr eest oassistISCwi thallt hedocument at
ionand
processesr equi redf orthei mportat i
onofGoodsspeci f
iedi nt hi
s
Agreementand/ oraPur chaseOr der .Fr eightchar gesshallbebi ll
ed
asspeci fi
edi naPur chaseOr der.IfSuppl i
erf ai l
st odeliv
erGoodsi n
accordancet ot heshi ppi
ngi nst
ructionsandt hel eadt imespeci fi
edin
thi
sAgr eementort heappl i
cablePur chaseOr der ,then( i
)Suppl i
erwill
be responsi blef oral lpr emium f rei
ghtchar ges and any ot her
associated cost sr equired to suppl y Goods t oI SC as soon as
possible,and( ii)t heChar gespr ov i
dedi nAr ticl
e9her einaftermay
apply.

3.2 Ti
meoftheEssence.Suppli
eracknowl
edgesandagr
ees
t
hatt
imeisoft
heessencewithrespecttoSuppl
ier
’sper
for
mance
undert
hisAgr
eement
.

3.3 GoodsDocument ati


on.Suppl iershal lencl osewi t
heach
shi
pmentofGoodsone( 1)compl eteup-to-dat eset( i
nel ectr
onicor
paperf ormat )ofi t
sst andardusermanual sand/ ort echnicalmanual s
sett
ing f ort
h per ti
nent i nf
ormat i
on r elating t o t he oper at
ion,
i
nstallati
onandmai ntenanceofGoods,i ncl udingal lwar ranti
esand
Goods war nings,f or each Good shi pped ( collect i
vely,“ Goods
Document ation”). Each Good shal lconf or m t ot hePer formance
Warrant y( asdef inedbel ow)andt hetermsoft hisAgr eementand
appli
cabl ePur chaseOr ders(suchGood,a“ Conf ormi ngGood” ).A
Goodwi llnotbedeemedaConf ormingGoodunt ilI SCr eceivesthe
corr
espondi ng GoodsDocument ati
ont her efor.I SC shal lhav ethe
ri
ghtt ouse,r eproduce,t r
anslat
eanddi scl osei nfor mat i
oncont ai
ned
i
nt heGoodsDocument ationformai ntenanceandr epairofGoods
andf orsuchot herpur posesasSuppl i
ermayexpr essl yaut hori
zein
wri
ting.

3.
4 I nv
entoryHeldbySuppli
er.I
nt heevent,attherequestand
consentofISC,Suppli
erholdsormai ntainspossession,custodyor
contr
olofanyGoodssol dtoISCher eunder,Suppliershallholdal
l
such Goods i
nt rustforISC,and shal lphysi
callysegregate and
i
dentif
yall
suchGoodsasbei ngpropertyofISC.

4. Pur
chasePr
ices.

4.1 Amount ;Adjustment .Duri


ngt heTer m,Suppli
ershallsell
theGoodst oISCatt hepur chasepricessetf ort
honExhi bi
tA( as
suchpr i
cesmaybeadj ustedher eunder,“PurchasePr i
ce(s)”
),and
suchPur chasePr i
cesshal lnotbechangedbySuppl ierforaper i
od
offNUMBER I N WORDS ( NUMBER I N DIGITS mont hs afterthe
Eff
ectiv
edat e.Aftersuchper i
od,thePar ti
esmaynegot i
ateingood
fai
ththePur chasePr icesf rom timet ot i
me,pr ovi
dedt hat,inany
event
,anychangesi nt hePur chasePr i
cesmustbemut ual
lyagreed
toinwrit
ingbyt heParti
es.

4.
2 Ef fecti
ve Date of Purchase Pri
ce Decr eases. Al
l
decreasesinPur chasePri
cesshal
lbeimmediat
elyeff
ect
iveast oal
l
outstandingPurchaseOrdersf
orGoodsnoty
etshippedtoISCandall
fut
urePur chaseOr der
s.
4.3 Effecti
veDateofPur chasePr i
ceI ncr
eases.Noincrease
i
nPur chasePr i
ceshereundershallbeef f
ectiveastoanyPur chase
Orderissuedpri
ortoexpirat
ionofthetransit
ionperi
odagreedbyt he
Part
iesf orsuchincr
ease.Suppl i
ershallhonorallPurchasePr i
ces
prevai
li
nghereunderattheti
meI SCissuesitsPurchaseOrder
.

5. Ter
m.

Subjecttothet ermsandpr ovi


sionssetf ort
hher ein,i
ncl udingwithout
l
imi t
ationthepr ovi
sionsf ortermi nat
ionasher einafterpr ovided,the
term oft hi
sAgr eementshal lbegi nont heEffect i
veDat eandshal l
terminate on DATE ( t
he “ Init
ialTer m”).Upon mut ualwr i
tten
agreementbet weent hePar t
ies,theAgr eementmayber enewedf or
additi
onalper iods ofNUMBER I N WORDS ( NUMBER I N DIGITS)
year(s)/month(s)(each,a“ RenewalTer m” )
,pr
ov idedt hatthePar ti
es
givewr it
tennot i
ceoft heirdesiret oextendtheAgr eement ,nol ess
thant hir
ty(30)calendarday spr iortoex pi
rat
ionoft het hencurrent
Term.TheI niti
alTer m,t ogetherwi t
hanyRenewalTer m,shal lbe
refer
redt ohereinasthe“ Term. ”

6. Pay
ment
.

6.1 I nvoices.Suppl i
ershal li
ssueatt heti
meofshi pmenta
separateinvoicef oreachPur chaseOr dercont ai
ningthef oll
owing
i
nformation( “I
nv oice(
s)”
):(i
)thedescr ipti
onandquant i
tyofGoods
ordered;(ii
)t he quant i
ty of Goods shi pped;( ii
i
)t he delivery
desti
nati
on;( i
v)t he Purchase Price f
oreach Good;( v )the total
PurchasePr icefort hePurchaseOr der
;and( vi
)anyapplicabletaxes,
fr
eightcharges, anddiscounts.

6.2 Pay ment .Intheev entofaconf l


ictbetweent hepr i
cingon
ExhibitAandapr icemut uall
yagr eedt
oi nwr it
ingbyt hePar t
ieson
thePur chaseOr derorot herwise,t
hemut ual
lyagr eeduponpr iceshall
prevail.Subjecttothet er
msandcondi t
ionscont ainedherein,ISCwill
remitpay mentoft he Pur chase Pri
ce due her eunderf oreach
Confor mingGoodwi thinthirty(30)calendarday sof( i
)t heI SC’
s
receiptoft heI nvoice,( i
i)acceptanceofSuppl ier’
sI nvoi
ce,and( ii
i
)
proofofdel i
v er
y .
6.3 Taxes.I SCshal lpayandber esponsi
blef oralltaxest hat
aremeasur eddi r
ectl
ybyt hePur chasePr i
cepay ment smadebyI SC
toSuppl i
erfort heGoodsher eunderandwhi chSuppl i
eri sl egally
requiredt ocol l
ectandpayov ert otaxaut hori
ti
es.Thet axesf or
which I SC isr esponsibl
e her eundershal lincl
ude sal es,use and
exciset axes,
butshal lexclude,wi t
houtli
mi t
ati
on,Supplier’sfranchise
orbusi nesst axes,taxesbasedonSuppl ier’
sneti ncomeorgr oss
receipts,andt axesfrom whi chI SCisexemptbyl awasshownbya
vali
dt axexempt i
oncertif
icate,whensuchacer ti
fi
cateisr equired.

6.4 Cr edi t
s.Atanyt imedur ingt heTer m,I SC mayr equest
from Suppl ieracr editorr efundher eunder ,inawr i
ttennot i
cesentt o
Suppl i
er( each,a “ Credi tRequest ”)det ail
i
ng I SC’ sr easons f or
request ingsuchcr editorr efundinaccor dancewi tht het ermsand
condi t
ionsoft hisAgr eement . Withint hirt
y( 30)cal endarday sof
Suppl i
er ’
sr eceiptofaCr editRequest ,Suppl i
erwi lleither(i)issuea
creditint hef ullamountoft heCr editRequest ;or(ii)deli
verawr it
ten
explanat iont oI SCdet ailingSuppl i
er ’
sr easonsf orr ef
usingt ogr ant
thecr edi torgr antingsuchcr editi
nanamountl esst hant heCr edi
t
Request .IfSuppl i
erf ail
st odo( i
)or( ii
)wi thinthet hir
ty( 30)day
periodpr ovi
dedabov e,thenI SCshal lbedeemedt obedueacr edi
tin
thef ul
lamountoft heCr editRequest .ISCmayr educeandof f
setany
amountduet oSuppl i
erf r
om I SCher eunderbyt heamountofany
credit,refund, orot heramountduet oI SCf rom Suppl ierhereunder .

7. Ti
tl
e.

Tit
leandr iskofl ossordamageshal lpasstoISCatt hetimet he
Goodsar edel iv
eredtoI SCandunl oadedatISC’sfaci
l
ity,orsit
eas
provi
ded and agr eed toi n a Pur chase Or
der.Forpur poses of
cl
arif
icat
ion, Suppl
iershallbearallrisksoflossordamagedur ingthe
tr
ansitoftheGoods.Suppl iershallconv eytoISCgoodtitl
e,fr
eeand
cl
earofallliensandot hersecurit
yi nterest
s.

8. I
nspect
ionandPer
for
manceWar
rant
y.

8.1 Suppl ierherebyrepresentsandwar rant


st oISC thatall
Goodsfurnishedpursuantt
ot hi
sAgr eementwil
l bef
reefr
om def ects
i
nmat er
ial,workmanshipandt i
tl
e.Inaddit
ion,Suppl
ierwarr
ant sthat
al
lGoodswi l
lconfor
mt oallappli
cablewarrant
iesandspeci
ficati
ons
aspr ov
idedintheAgreement
,Exhi
bitA,oraPurchaseOrder,and
shal
lbef i
tforthei
rint
endeduseandser v
ice(
the“ Per
for
mance
Warranty”
).

8. 2 AllGoodspur chasedar esubj ectt oinspect ion,t estand


approv alatdestinationbyI SC.Ifanynonconf ormi tyisdi scov eredin
theGoodswi thinsi x(6)mont hsoft hedat eofdel ivery,ISC,wi thout
l
imitationtoi t
sot herr i
ght sundert hisAgr eement ,mayr ejectany
Goods t hatcont ai
n def ecti
ve mat erials,wor kmanshi p ort it
le,or
otherwisedonotconf or
mt othewar rantiesandspeci ficationsset
fort
hi nt hi
sAgr eement ,ExhibitA and/ oraPur chaseOr der( such
Goods,t he “Nonconf ormi ng Goods” ). Upon not i
ce t o Suppl i
er,
Nonconf ormingGoodswi l
lbehel df orSuppl ier’
si nstr
uct ionsandat
Supplier’
sr i
sk and expense.I n addi tion t o any ot herr ights or
remedi esofISCher eunder,Suppliershal lprompt l
ymodi f
yorr eplace
such Nonconf orming Goods,subj ectt ot he appr ovalofI SC,at
Supplier’
ssolecostandexpense,pr ovidedt hatISC’ scont i
nueduse
ofsai d defectiv
eGoodspendi ng r epai rorr eplacementshal lnot
constituteawai verbyISCundert hisAgr eement .

8.
3 Suppli
erf
urtherwarrant
st hatt
heGoodspr
ovi
dedunder
t
hisAgr
eementar
enotofIrani
anori
gin.

9. Shi
ppi
ngDel
ays.

9.1 Suppl i
erwil
limmediatel
ynotif
yISCi
nwr i
ti
ngofanyev ent
orcondi t
ion t
hatcoul d del
aydel i
ver
yoft he Goods beyond the
deli
verydate;pr ovi
ded,howev er
,thatsuch noti
fi
cat
ion shallnot
requi
reISCt oacceptanyl at
eshipmentorwaiveanyofitsrightsor
remedieswithrespectther
eto.

9.2 Inaddi ti
ont oanyot herri
ghtsandr emedi esISCmayhav e
wit
hr especttoSuppl i
er’
sdelayt odel i
vertheGoods,Suppl iershall
pay toI SC an i nterestchar ge ofNUMBER I N WORDS per cent
(NUMBERI NDIGI TS%)oft hetotalcostoft hedelayedor der,perday
ofdelay,comput edf rom three( 3)cal
endarday saf t
ertheappl i
cable
del
iverydateunt i
lt her el
atedGoodsar eaccept edbyI SC,ort he
maximum r atel egallyper mit
ted,whi cheverisl ess,(suchi nt
erest
charge,a “ Charge”) .Such Char ge shal
lbe deduct ed fr om t he
fol
lowingSupplier’sI nvoi
ce,orSuppl i
ershoul dissueacr editint he
ful
lamountoft
heChar
get
o bei
mmedi
atel
ypay
abl
etoI
SC by
Suppl
i
er.

10. Ter
minat
ion.

Inaddi tiont oal lofi t


sot herter
mi nati
onr i
ght shereunder ,ISCmay
terminat et hisAgr eement ,inwhol eori npart,atanyt i
medur i
ngthe
Term,wi thorwi thoutcause,upont hi
rty(30)cal endarday s’wr i
tt
en
noticet oSuppl ier.Exceptasot herwiseprov idedher ein,upont he
terminat ionorexpi rat
ionoft hi
sAgr eement ,ISCshal lnothav eany
furt
herobl igation t o Suppl i
er,exceptt hatSuppl i
ershal lreceiv
e
paymentoft hePur chasePr i
cedueher eunderf oranyopenPur chase
Order st hatar enotot herwisecancel l
ableher eunder(subjectt oany
otherr ight sofr etur nandcancel lati
onasexpr esslysetforthher ei
n).
Notwi thst andingt hef oregoing,not erminat
ionorexpi rati
onoft hi
s
Agreementwi llrelieveSuppl ierf
oranyl i
abil
ityforanybr eachofor
l
iabili
tyaccr uingundert hisAgreementpr i
ort ot het erminationor
expirationt hereof .

11. For
ceMaj
eur
e.

Exceptasot her wisepr ovidedher ein,noPar t


yshal lloseanyr i
ghts
hereunderorbel iablef oranyf ai
lureordel ayinper formanceofanyof
i
tsobl i
gationsher eunder( the“ Def aulti
ngPar ty”)if(a)t hef ailureor
delayi sther esultofanactofGod( e.g.,fi
re,fl
ood, i
nclementweat her,
epidemi c,orear t
hquake) ;actsofwarort errori
sm, i
ncludingchemi cal
orbi ologicalwar fare;embar go;r iots;insurrectionori ntervent i
onof
anygov ernmentoraut hor ity;oranyot hergov ernment alacts,or ders,
orr estr
ictions;and ( b)t he Def aulti
ng Par t
y has exer cised al l
reasonabl e ef fortst o av oid orr emedysuch f orce maj eur e.The
Defaul t
ingPar tymustpr ovidewr itt
ennot iceoft hef orcemaj eure
eventt ot her emai ningPar tywi t
hint wo( 2)cal endarday sofsuch
event .Suppl ieracknowl edgest hat,int heev enti tdoesnotexer ci
se
allreasonabl eef for t
st o av oid orr emedysuchf orcemaj eureor
writtennot icei snotpr ovidedwi thint wo( 2)cal endarday sofsuch
event ,anySuppl i
er’sf ailuret oper formr esulti
ngf rom suchf orce
maj eureshal lbedeemedabr eachoft hisAgr eement .

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