contract格式

Date:

Metalmin order:

Buyer:

Seller:

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

the seller agrees to sell 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

Cr2O3

SiO2

Al2O3

MgO

Cr/Fe

P

S

Size:-1mm

ORIGIN:

2

、

QUANTITY

3

、

PACKING

4

、

PRICE

5

、

DELIVERY/SHIPMENT

Guaranteed

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 seller shall advise the buyer within 5 working days after completion

of loading giving full details of the Shipment including name of vessel, 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, based on

·

2 originals plus 3 copies of packing list

·

Full set of 3/

3 Clean shipped On Board Ocean Bill of Landing,

marked” freight

prepaid”,

blank endorsed 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 Presentation 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 del

ivery 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 vessel

’

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 seller has the right to present the

certificate copy of Quality and Weight issued by

for final payment

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

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

losses incurred. The seller 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 reimbursed

accordingly.