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SALE CONTRACT
No:NEO2001026 Date :Feb. 25, 2010 Sellers:Hebei ABC CO,LMD Address:
Tel:: 0086-25-4715004 Fax:0086-25-4711363
Buyers:NEO GENERAL TRADING CO Address:
Tel: 00966-1-4659220 Fax:00966-1-4659213
The sellers agrees to sell and the buyer agrees to buy the undermentioned goods on the terms and conditions stated below: 1 Article No.
2 Description&Specification :ABOUT 1700 CARTONS
CANNED MUSRHOOMS PIECES & STEMS 24 TINS X 425 GRAMS NET WEIGHT (D.W. 227 GRAMS) AT USD7.80 PER CARTON. ROSE BRAND.
3 Quantity: 1700CARTON 4 Unit Price:USD7.80 5 Total Amount: USD13260.00
With _ 2__% more or less both in amount and quantity allowed at the sellers option.
6 Country of Origin and Manufacturer:CHINA 7 Packing:EXPORTED BROWN CARTON
8 Shipping Marks:ROSE BRAND 178/2001 RIYADH
9 Time of Shipment:Not Later Than Apr.30, 2010 10 Port of Loading:SHANGHAI PORT ,CHINA 11 Port of Destination:DAMMAM PORT, SAUDI ARABI 12 Insurance:. TO BE COVERED BY THE BUYER.
13 Payment:By confirmed, irrevocable, transferable and divisible L/C to be available by sight draft to reach the sellers before ___/___/_____ and to remainvalid for
ingotiation in China until 15 days after the aforesaid time of shipment. Tje L/C must specify that transhipment and partial shipments are allowed.
14 Force Majeure:Either party shall not be held responsible for failure or delay to perform all or any part of this agreement due to flood, fire, earthquake, draught, war or any other events which could not be predicted, controlled, avoided or overcome by the relative party. However, the party affected by the event of Force Majeure shall inform the other party of its occurrence in writing as soon as possible and thereafter send a certificate of the event issued by the relevant authorities to the other party within 15 days after its occurrence.
15 Arbitration :All disputes arising from the execution of this agreement shall be settled through friendly
consultations. In case no settlement can be reached, the case in dispute shall then be submitted to the Foreign Trad Arbitration Commission of the China Council for the Promotion of International Trade for Arbitration in accordance with its Provisional Rules of Procedure. The decesion made by this commission shall be regarded as final and binding upon both parties. Arbitration fees shall be borne by the losing party, unless otherwise awa
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