Ridhima Impex

(EXPORTERS OF MEDICAL CONSUMABLE AND PHARMA CHEMICALS)

SALES CONTRACT
NO:120200303/RI-MIZ/003
Dated: March 03, 2020

THE SELLER: RIDHIMA IMPEX

ADDRESS:
J-2/1, F-3 AGARSEN APARTMENT JYOTI
NAGAR WEST, DURGAPURI NEW DELHI.
INDIA
Contact Person: Mr. Kapil Dev Bhardwaj (Passport: Z2530013)

THE BUYER: MIZAR GLOBAL PTE. LTD.

10 ANSON ROAD,
#23 – 14M INTERNATIONAL PLAZA
SINGAPORE 079903
Contact person: Mr. MINKYU KIM (Passport: M49037702)

WHEREAS THE SELLER WITH FULL CORPORATE AUTHORITY COMMITMENTS TO SELL AND DELIVER
THE UNDER MENTIONED PRODUCT AND OF THE MENTIONED TOTAL QUANTITY OF 50,000,000
PIECES AND, WHEREAS THE BUYER HEREBY AGREES WITH FULL CORPORATE AUTHORITY AND
MAKES AN IRREVOCABLE FIRM COMMITMENT TO PURCHASE THE BELOW MENTIONED PRODUCTS
AND OF MENTIONED QUANTITY AND, BOTH THE PARTIES HEREBY CERTIFY, REPRESENT AND
WARRANT THAT BOTH OF THEM CAN FULFILL THE REQUIREMENT OF THIS CONTRACT UNDER
TERMS AND CONDITIONS SPECIFIED AND AGREED UPON AND, WHEREAS THE SELLER AND BUYER
NOW DO HEREBY HONOUR THIS CONTRACT UNDER THE FOLLOWING;

TERMS AND CONDITIONS:

ACTICLE 1: COMMODITY, QUANTITY & QUALITY

COMMODITY: 3 PLY SURGICAL FACE MASK, 50,000,000
TOTAL QUANTITY: 50,000,000 PIECES (FIFTY MILLION PIECES)

REGD. OFFICE: J-2/1, F-3, AGARSEN APARTMENT, JYOTI NAGAR WEST, DELHI -
110094 INDIA
CORP. OFFICE: 2604 NAYA BAZAR, DELHI -110006 INDIA
TEL.: 0091 11 40106210. WEBSITE: WWW.RIDHIMAIMPEX.COM. EMAIL: INFO@RIDHIMAIMPEX.COM
 Ridhima Impex
(EXPORTERS OF MEDICAL CONSUMABLE AND PHARMA CHEMICALS)

ARTICLE 2: ORIGIN OF PRODUCT

INDIA.

ARTICLE 3: PACKING OF PRODUCT

PACKING: 50 ~ 100 PIECES IN A BOX AND 20 ~ 40 BOXES IN A MASTER CARTON.

ARTICLE 4: SHIPMENT/DELIVERY & DESTINATION

INCOTERMS (2000): EX – WAREHOUSE DELHI OR ANYWHERE IN INDIA.
SHIPMENT SCHEDULE: IN 10 DAYS OF GETTING ADVANCE.
TRANSHIPMENT: ALLOWED
PARTIAL SHIPMENT: ALLOWED

ARTICLE 5: DOCUMENTS REQUIRED.

1. SELLER’S COMMERCIAL INVOICE FOR EACH SHIPMENT VALUE 3 ORIGINAL, 2 COPIES,
MANUALLY SIGNED, INVOICE AMOUNT TO BE BASED ON THE AGREED PRICE OF THIS
CONTRACT.
2. PACKING / SHIPPING LIST ISSUED BY THE SELLER IN 3 ORIGINAL AND 2 COPIES.
3. CERTIFICATE OF ORIGIN ISSUED BY CHAMBER OF COMMERCE IN 1 ORIGINAL 2 COPIES.

ARTICLE 6: PRICE & VALIDITY OF PRICE

PRICE: USD 0.2948 PER PIECE VALID FOR 1 DAY.
TOTAL CONTRACT: USD 14,740,000.00 (FOURTEEN MILLION SEVEN HUNDRED FORTY THOUSAND DOLLARS)

ARTICLE 7: PAYMENT TERM

PAYMENT TERM: 30% ADVANCE THROUGH T/T AND BALANCE 70% AT SIGHT LETTER OF CREDIT
(L/C AT SIGHT). ADVANCE MUST BE TRANSFER SAME DAY OF SIGNING THE CONTRACT BY THE
PARTIES.

REGD. OFFICE: J-2/1, F-3, AGARSEN APARTMENT, JYOTI NAGAR WEST, DELHI -
110094 INDIA
CORP. OFFICE: 2604 NAYA BAZAR, DELHI -110006 INDIA
TEL.: 0091 11 40106210. WEBSITE: WWW.RIDHIMAIMPEX.COM. EMAIL: INFO@RIDHIMAIMPEX.COM
ARTICLE 8: BANK INFORMATION
SELLER’S BANK : ICICI BANK
ADD : F-11, PREET VIHAR, NEW DELHI-110092
ACCOUNT : 003705501030
BENEFICIARY : RIDHIMA IMPEX
SWIFT CODE : ICICINBBCTS

ARTICLE 9: NON-PERFORMANCE/DEMURRAGE
SHOULD ANY OF THE PARTIES HEREIN MENTIONED FAIL TO PERFORM THEIR RESPECTIVE
CONTRACTUAL OBLIGATIONS, THE SUBJECT PARTY SHALL BE LIABLE TO PAY APPROPRIATE
DAMAGES TO THE OTHER AS FOLLOWS.

1. SHOULD THE BUYER FAIL TO MAKE THE PAYMENT WITHIN THE STIPULATED TIME,
THERE SHALL BE DAMAGE OF 2% OF THE TOTAL CONTRACTUAL VALUE, PAYABLE
PROMPTLY BY THE BUYER’S BANK ON FIRST CLAIM OF SELLER.

2. SHOULD THE SELLER FAIL OR DELAY IN SUPPLYING PRODUCTS AS MENTIONED IN THIS

CONTRACT, THERE SHALL BE A DAMAGE OF 2% OF THE DISPUTED QUANTITY OF THE
CARGO, PAYABLE PROMPTLY BY THE SELLER’S BANK ON FIRST CLAIM OF BUYER.

For RIDHIMA IMPEX For MIZAR GLOBAL PTE. LTD.

(AUTHORIZED SIGNATORY) (AUTHORIZED SIGNATORY)

REGD. OFFICE: J-2/1, F-3, AGARSEN APARTMENT, JYOTI NAGAR WEST, DELHI -
110094 INDIA
CORP. OFFICE: 2604 NAYA BAZAR, DELHI -110006 INDIA
TEL.: 0091 11 40106210. WEBSITE: WWW.RIDHIMAIMPEX.COM. EMAIL: INFO@RIDHIMAIMPEX.COM
 BUYER PASSPORT COPY

REGD. OFFICE: J-2/1, F-3, AGARSEN APARTMENT, JYOTI NAGAR WEST, DELHI -
110094 INDIA
CORP. OFFICE: 2604 NAYA BAZAR, DELHI -110006 INDIA
TEL.: 0091 11 40106210. WEBSITE: WWW.RIDHIMAIMPEX.COM. EMAIL: INFO@RIDHIMAIMPEX.COM
 BUYER COMPANY REGISTRATION CERTIFICATE

REGD. OFFICE: J-2/1, F-3, AGARSEN APARTMENT, JYOTI NAGAR WEST, DELHI -
110094 INDIA
CORP. OFFICE: 2604 NAYA BAZAR, DELHI -110006 INDIA
TEL.: 0091 11 40106210. WEBSITE: WWW.RIDHIMAIMPEX.COM. EMAIL: INFO@RIDHIMAIMPEX.COM