SALES CONTRACT

NO.:AMC200511
Date: May.11,2020
PATRY A (SELLER):HONGDA MARKETING CO.. LTD
Addr ess : ROOM 1606.EAST TOWER. TIANYU BUSINESS rLAZA,753 DONGFENG EAST R D.GUANGZHOU ,CHINA
Tcl : 00X6-20-22 I bRR9 Fa x: OOR6-20·22 I MRO

PARTY B (BUYER): ACCURATE MACHINERY COMPANY LIMITED

Addr ess : APARTMENT (102 + 202) A2 . LANE 72, NGUYEN CHI THANH STREET.LANG Tt-lUONG WARD, DONG DA DISTRI CT,
HA NOi CITY. VlET NAM
T el: + 84 965 775 772 / +8 4 24 665 Receiver: Ms. Ngoc Quyen:+ 84 975 637 1 67
22633
Tax code: 0 I () 883907
conditions stipulat ed b<el ow,
Article I: Name of Commodity &Srccification. Quantit y. Unit r ricc. Total Am ount :

No.
J\fodd Dcstriprion or Good• Qty Unit Price Total Amount

JN-R96S Computer Full Automatic Culling(Slillcr) Machine 5800 5800

2 Straight and Bias Fabric Rolling Machine with Edge
JN-325S-ED Device 3800 3800
Total
2 9600
J. I Total Val ue: SAY US DOLLAR NINE THOUSAND AND SIX HUNDRED ONLY.
1. . 2 Trade Tenn: Exw price

\RIICLE 4· IJME Of SH[PMENT·

About I day after receive full payment
_PORT OF SHIPMENT: ANY SEA PORT, CHTNA
_DESTINA TION: HAI PHONG PORT, VIETNAM
MODE OF DELIVERY : BY SEA

... SHIPPING DOCUMENTS:

THE SELLER HAS TO SEND THE FOLLOWING SI IIPPING DOCUMENTS TO THE BUYER W[HIIN
SEVEN (07) WORKING DAYS AFTER SH IPMENT .
BIL
COMMERCIAL INVOICE
PACKING LIST
CERTIFICATE Of ORIGIN

ART(CLE 5: TERM Of PAYMENT:

full paymcnl musr be paid before shi pmen!.
Bank informalion as follow:
BENEFICARY :HONGDA MARKETING CO.,LTD.
BENE'S ADD : ROOM/6 0, 6 EAST TOWER , TIANYU BUSINESS PLAZA 753 DONG FENG EAST RD ,GUANGZHOU ,CHlNA
BEBE ' S BANK ER: BANK OF CHINA GUANGZHOU WU YANG XIN CHENG SUB-BRANCH
BA NK ADD: I ST FLOOR NO.89 WU YANG XIN CHENG.GUANGZHOU ,C HTNA .
ACCOUNT:669157741998
SWIFT CODE: BKCHCNBJ400

ARTICLE 6· WARRANT}'.
THE SELLER HAVE RESPONSfBILITY FOR PROVIDING SOME SPECIFIC SPARE PARTS(NOT INCLUDING QUICK-WEAR PARTS LIKE KNIFE AND
Gil/ND/NG STONE UNDER WARRANTY WITHTN TWELVE MONTHS SINCE BIL DATE TO THE BUYERS. WHILE THE BUYER SHOULD PAY THE
COURJEf( CHARGE FROM THEIR STDE FOR SPARE PARTS UND ER WARRANTY.

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 AIUKl,E Z· l'ENAl,IY
AFTER SIGN I NG TIIE CONTRA CT, EITI-IER PARTY WII ICII DOES NOT FULL CARRY OUT ITS CONTRA CTUAL OBLIGATIONS, SMALL
HAV E TO PAY A PENALTY OF 2¾ (TWO PER CENT) OF TIIE TOTAL CONTRACT UA L VALUE FOR BREACH OF TI IE CONTRA CT.

ARTICI.F- 8: INFRINGEMENT
!. A FTER THE ARRIVAL OF TI IE CARGO fN 13UYER'S COUNTRY,TII E BUY ER SIIALL IIAVE TIIE RESPONSIBILITY TO TAK E DELIV ERY
OF THE CONTRACT GOODS AND TO RECEIVE TIIE ORJGINAL DOCUMEN TS FROM TIIE SELLER. IN CASE TI-!E BUYER IIAS
LEG ITIMAT E R EASONS ACCEPTABLE TO Tl IE SELLE R, IIE MAY R EFUS E TO TAKE DE LIV ERY 01' Tl m GOODS UND ER HIE SELLER'S
A CCEPTAN CE, IN A SUCH CASE, THE BUYER SHALL HAV E TO PAY ALL THE EXP E NS ES AND COSTS OCCURR ED TO THE SHIP
BACK OF THE CA RGO .
2. IN CASE, Tl-IE BUYER DELAYS THE PAYM ENT OF TIIE PRESENTED DRAFT OVER TH E DUE DAT E., THE PENALTY INTEREST FOR
OVERDUE PA YMENT SHA LL BE FULLY PAID BY BUYER TO TH E SELLER.Tl-IE RATE OF INTEREST FOR OVERDUE PAYMENT WHICH HAS
BEEN AGREED UPON BY BOTH PARTIES IS I N¾ PER ANNUM .

ARTICLE 9: OWNERSHIP OF THE GOODS

THE OWNERSHIP OF THE GOODS STILL BELONGS TO THE SELLER UNTIL TH E FULL PAYMENT BY THE BUYER OF THE CONTRACT
VALUE . DURING THlS PERIOD, THE BUYER SIIALL NOT BE ENTITLED TO SE LL, TRANSFER, MORTGAGE THE GOODS UNDER ITS
CUSTODY OR TO MAKE ANY DISPOSAL OF THE GOODS WITHOUT THE PERMISSION AGREEMENT IN WRITING OF THE SELLER.

ARTICLE JO; GENERAL CONDITION

ANY DISPUTE ARISING OUT OR FROM THIS CONTRACT MUST BE SETTLED FIRST BY AMICABLE SETTLEMENT BY BOTH PARTIES. IN
CASE, THEY CAN NOT REACH AN AMICABLE SETTLEMENT , TIIE MAT TER WILL BE REFERRED TO ARBITRATION OF THE VIETNAM
JNTERNATIONAL ARBITRATION CEN TRE , BESI DE OF CHAMB ER OF COMMERC E AND INDUSTRY OF VIETNAM . EACH PARTY
CHOOSES ONE ARBITRATOR FOR THE ARBrTRATION PANEL. THE AWARD OF THE ARBITRATION IS FINALANDBINDING
TO THE PARTIES. THE CONTRACT IS MAD E INTO 04 (FO UR} COPIES. EACH PARTY KEEPS 02 (TWO) COPIES AND HAVE
M AV ( THE SAME LEGAL VALUE AND COMES INTO E FFECT FROM THE SIG NING DATE.

-- Born PATIES HAVE READ, UNDERSTOOD AND AGREED WITH THE CONT ENTS WRITTEN IN THE CONTRACT AND SIGNED

REPRESENTATIVE OF THE SeLLER REPRESENTATIVE OF THE BUYER

(Signature

GIAM 0 0 C
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