contract格式

Date:

Metalmin order:

Buyer:

Seller:

This contract is made by and between the buyer and ller whereby the buyer agrees to buy and

the ller agrees to ll the under mentioned goods on terms and conditions stated below:

1、 DESCRIPTION OF THE GOODS

Chrome Ore complying with the following specifications:

Contract

Ore type Guaranteed

Cr2O3

SiO2

Al2O3

MgO

Cr/Fe

P

S

Size:-1mm

ORIGIN:

2、 QUANTITY

3、 PACKING

4、 PRICE

5、 DELIVERY/SHIPMENT

5.1 CIF Lianyungang Port, China All destination charges for Buyer’s account.

5.2 Partial Shipment to be allowed and Transshipment to be allowed.

5.3 Shipment to be effected in Container chartered by the Seller and due to call at any Port of

Southern Africa for loading of material during September 2010. Latest shipment date in L/C

the 10 October, 2010.

5.4 Shipment Advice: The ller shall advi the buyer within 5 working days after completion

of loading giving full details of the Shipment including name of vesl, contract No., name

th

of commodity, approximate gross weight/L date and approximate invoice value.

5.5 Each sale is only deemed to take place on the buyer’s receipt of the relevant Bill of Landing

5.6 Shipment may be delayed on account of late opening of L/C.

6、 PAYMENT

6.1 By Usuance Letter of Credit (L/C) payable at 90 days from Bill of Landing and available by

negotiation with any bank covering 100% of the value of the shipment .The L/C to be

issued by any one of top 5 banks in China as listed below.

The Letter of Credit to be issued out immediately, and opened in a format acceptable to the

Seller.

6.2 Documents required for 98% Provisional Payment:

· 2 originals plus 3 copies of commercial invoice, bad on

· 2 originals plus 3 copies of packing list

· Full t of 3/3 Clean shipped On Board Ocean Bill of Landing, marked” freight prepaid”,

blank endord and notify party

· 1 originals plus 2 copies of Certificate of Weight issued by

· 1 originals plus 2 copies of Certificate of Quality issued by

· 1 originals plus 1 copies of Certificate of Origin issued by the Beneficiary

· 1 originals plus 2 copies of Certificate of insurance

· Documents Prior to L/C opening to be acceptable

· Late Prentation of Document to be acceptable

6.3 The balance of outstanding will be paid on the basis of the final results and shall be paid

through the sane L/C against the final invoice drawn according to final quality and

quantity results the final invoice should be confirmed by the buyer prior to delivery to the

bank

Documents required for balance payment:

·Final Invoice

·Certificate of Quality issued by CIQ in 1 photocopy

·Certificate of Weight issued by CIQ in 1 photocopy

6.4 Buyer needs to submit discharge date within 7 working days after vesl’s arrival. If buyer

cannot supply CIQ certificate of quality and weight at discharging port within 60 days

after completion of discharging at discharge port, the ller has the right to prent the

certificate copy of Quality and Weight issued by for final payment

6.5 In ca of any claim arising for any such reason, the buyer will notify the ller within 14

days from discharge date-with all the required paper work evidencing any charges or

loss incurred. The ller will have 7 days to gather all the required information together

an if claim is found to be plausible and acceptable; the customer will be reimburd

accordingly.

6.6 All bank charges outside country of issuance will be for the account of the ller

7、 INSURANCE

Marine Insurance shall be taken by the ller for the commodity of loading on board vesl

form port up to discharge port, for 100% of invoice value covering all risk, war risk and SRCC

as per institute cargo clau at llers expen—payable in China in U.S Dollars and the

insurance certificate shall be furnished along with other shipping documents.

8. SAMPLING&ANALYSIS

8.1 At the loading port, the independent inspection agency______________, at llers option,

___________shall determine the quality and weight etc as per international standards,

moisture will be deducted from the B/L weight. Certificate of Quality and Certificate of

Weight issued by this independent inspection agency shall form the basis for raising the

Invoice for 98% payment upon the Buyer. The cost of such weighing, sampling and analysis

shall be for Sellers’ account.

8.2 At the discharge port, CIQ shall carry out sampling. A certificate of Quality issued by CIQ

bad on the sampling and analysis at the discharge port and a Certificate of Weight issued

by CIQ at the discharge port shall be final and form the basis for the balance value of the

cargo for ttlement. The cost of such weight, sampling and analysis shall be at Buyer’s

account.

8.3 The Buyer will make available a copy of the CIQ report including analysis and weight, to the

Seller within 60 days after completion of discharging at discharge port.

The Seller rerves the right to appoint, at their cost, an independent inspection agency to

attend supervision of discharge of the cargo at the discharge port. Buyers to extend all

necessary cooperation for such analysis.

9. FORCE MAJEURE

Should any of the parties hereto be prevented from performing this contract due to any Force

Majeure event, the prevented partly hereto shall not be liable to the other party for any

damages, increa of costs or loss suffered by the other party which was cad by the

prevented party’s failure or delay in performing its obligations hereunder due to such Force

Majeure event. However, the prevented party shall notify immediately the other party by fax

or e-mail and deliver to the other party by registered mail a certificate issued by government

authorities or Chamber of Commerce as evidence thereof, If the shipment id delayed for a

period in excess of 31 days due to such Force Majeure event, the buyer shall have the right to

terminate this contract without bearing any abilities.

10. NOTICES

10.1 Any notice to be given for the purpos of this agreement shall either be delivered

personally or nt by first class recorded delivery post, courier, telefax (facsimile transfer)

or email.

10.2 The address for rvice on the parties shall be their respective address and facsimile

numbers as t out in the description of the parties above.

10.3 A notice shall be deemed to have been rved as follows:

10.3.1 If personally delivered at the time of delivery.

10.3.2 If nt by recorded delivery post at the expiration of 14 days after the same was

delivered into the custody of the postal authorities.

10.3.3 If nt by courier at the expiration of 7days after the same was delivered into the

custody of the postal authorities.