Nama: Tatiana Imarasha

NIM: 205180181
Kelas: PLKH-11 C

SALES CONTRACT

No.: 2020-JKWH-0504-0029

This sales contract (“Contract”) is entered into on January 1th, 2020 (“Effective Date”) in Jakarta,
Indonesia.

Between:

1) PT. Anugerah Utama

Address :Jl. Letjen S Parman, Kav 77, Jakarta

Post Code :11410

Tel :(021) 5363131

- Hereinafter referred to as the “SELLER”

2) Jenn Wood & Lumber International

Address :The Fiero H.Q, 32 S 43rd Place, Phoenix, AZ

Post Code :85034-3013

Tel :+1602/2731616

- Hereinafter referred to as the “BUYER”

The SELLER or the BUYER hereinafter reffered to individually as a “PARTY” an collectively as the
“PARTIES”

The BUYER and SELLER agree to conduct the following transaction according to the terms and conditions
stipulated below”
ARTICLE 1. DEFINITION
1.1 SALES CONTRACT
“sales contract “is an agreement between a buyer and seller covering the sale and delivery of goods,
securities, and other personal property.
1.2 EXPORT
"Export" is the activity of selling products made in their own country for use in another country.
1.3 IMPORT
"Import" is the activity of purchasing products made in the other countries for the use in their own
country.
1.4 WOOD
“Wood” is the hard fibrous material that forms the main substance of the trunk or branches of a
tree or shrub, used for fuel or timber.
1.5 BRAND
“Brand” ia type of product manufactured by a particular company under a particular name.
1.6 MACHINE
“MACHINE”is a apparatus using or applying mechanical power and having several parts, each with
a definite function and together performing a particular task.

ARTICLE 2. PRODUCT DESCRIPTION

2.1 From the Execution Date hereof to January, 31 2020 (“Contract Period”), the BUYER agrees to
buy from the SELLER and the SELLER agrees to sell the products (“Product”) to the BUYER as
set out below.

2.2 DESCRIPTION OF GOODS

a. Name of the product : Wooden Pitcher

b. Price: 5.000 USD per unit

c. Quantity : 300 units

ARTICLE 3. PRODUCT TECHNICAL SPESIFICATION

3.1 Wooden Pitcher
a. Type : Middle Reliever Wooden Pitcher

ARTICLE 4. TERMS OF PAYMENT

4.1 The following trade term shall apply to the transactions under this Contract: CIF Indonesia. The above
trade terms shall be subject to the International Rules for the Interpretation of Trade Terms adopted
by the International Chamber of Commerce effective January 1, 2000, including all amendments
thereof (“INCOTERMS 2000”).

4.1 Terms of payment

The PARTIES hereby agree to the schedules payment plan, into 3 (three) times installment after the
product recieived by the BUYER, which consist of:

AMOUNT QUANTITY MONTH INFORMATION

500.000 USD 100 December 10th,2020 100 units shipped out at 27th
January, 2020

500.000 USD 100 January 10th,2021 100 units shipped out at 5th
December, 2021

500.000 USD 100 December 10th,2022 100 units shipped out at 8th
January, 2022

4.2 Bank Information

a. Opening Bank : BANK OF AMERICA, PHOENIX, AZ

b. Bank Address :4230 W McDowell Rd, Phoenix, AZ 85009, United States

c. Swfit Code : JPNFNFNNBH660

d. Beneficiary : PT. Anugerah Utama

e. Beneficiary Address : Jl. Letjen S Parman, Kav 77, Jakarta

f. Beneficiary’s Bank Account :4685689887291

ARTICLE 5. TITLE AND RISK OF LOSS/INSURANCE

5.1 Risk or loss or damage, as well as any additional costs due to events occurring after the time of
delivery shall pass to the BUYER on delivery in accordance with CIF incoterms 2000: However, title
 to the products per specified delivery shall pass to the BUYER only after payment for those particular
products has been received in full.

5.2 The SELLER also has to procure marine insurance against the BUYER’s risk of loss or damage to the
products during the carriage only on minimum insurance coverage in accordance with CIF Incoterms
2000

5.3 The BUYER shall at its own cost maintain insurance coverage against all risks which would normally
be insured against by a prudent businessman in respect of Products supplied to it commencing from
the time when the Products surpass the rail of the carrying vessel and extending until such time as
title in the Products passes to the BUYER in accordance with Par.1 above.

ARTICLE 6. TERMS OF SHIPMENT

6.1 Date of Shipment

Quantity Date

100 units 27th January, 2020

100 units 5th December, 2021

100 units 8th January, 2022

6.2 Port of Loading: Phoenix Harbor, AZ, United States

6.3 Port of Destination: Tanjung Perak, Indonesia

6.4 Notice of Shipment

In the case of a shipment by CIF [Indonesia], the SELLER shall inform the BUYER the contacts of the
forwarding agent, and dispatch date of the relevant vessel by written notice within two (2) working
days after the Date of Shipment.

ARTICLE 7. PACKING

7.1 The packing of the product shall be suitable for ocean transportation and provide protection against
dampness, humidity, rust, wear, and tear, and shock. The SELLER shall be liable for any damage to
 the Product caused by inadequate ot improper to the product caused by or attributable to the
carrier, or by any other factor not within the SELLER’s control or
7.2 The packing of the product shall be suitable for long distance sea transportation and provide
protection against dampness, humidity, rust, wear, and tear, shock and rough handling. The SELLER
shall be liable for any damage to the product caused by inadequate or improper packing during the
shipment.

ARTICLE 8. FORCE MAJEURE

8.1 Neither Party shall be liable to the other Party for failure of or delay in performance of any obligation
under this Contract, directly, or indirectly, owing to acts of God, war, war-like condition, embargoes,
riots, strike, lock-out and other events beyond its reasonable control which were not reasonably
foreseeable and whose effects cannot be overcome without unreasonable expense and / or loss of
time to the affected Party (ie, the Party that is unable to perform)

8.2 If a Force Majeure event occurs, the affected Party shall notify the other Party of the occurrence
thereof within seven (7) calendar days of its occurrence, and send a certificate confirming the
occurrence of the Force Majeure event issued by the relevant local authorities within fifteen (15)
calendar days from the date the event occurred. Thereafter, the Parties shall discuss the best way
to resolve the delay or interruption caused by the event. If the conditions of Force Majeure continue
to materially impede performance of any material obligation under this Contract for a period of
more than three (3) consecutive calendar months, then either Party shall be entitled to terminate
this Agreement without consequence upon 30 days’ prior written notice to the other Party.

ARTICLE 9. BREACH LIABILITIES

9.1 BUYER shall warrant that it holds good commercial reputation and is in good financial condition,
failing of which BUYER shall be fully responsible and compensate SELLER’s loss therein provided that
Seller cannot obtain any loan and insurance policy due to BUYER’s such failure.
9.2 BUYER shall be responsible for any loss arising from its failure upon timely receipt of the Product of
SELLER at the destination port.
9.3 Unless otherwise provided for under this Contract, if BUYER delays in making payment, BUYER shall
pay liquidated damages equal to 0.05% of the Contract amount per day to the SELLER. If the delay
exceed. (14) days, BUYER shall be deemed as unable to pay, and SELLER shall have the right to
 terminate the Contract immediately and require the BUYER to pay liquidated damages equal to
0.3% of the Contract amount without affecting the SELLER’s other rights under the Contract.
9.4 If the BUYER fails to make payment or terminates the Contract unilaterally, the BUYER shall pay
liquidated damages equal to 5% of the Contract amount without affecting the SELLER’s other rights
under the Contract.
9.5 Unless otherwise provided for under this Contract, if Seller delays in shipping the goods for more
than (14) days, SELLER shall pay liquidated damages equal to 0.05% of the Contract amount per day
to the BUYER. If the delay exceeds (21) days, SELLER shall be deemed as unable to produce and ship
the goods, and BUYER shall have the right to terminate the Contract immediately.

ARTICLE 10. TERM AND TERMINATION

10.1 This Agreement is effective on the date of this Agreement and continues to be effective until the
BUYER complete all of the payment, unless earlier terminated.
10.2 Either party may terminate this Agreement upon 13 days’ prior written notice to the other.
10.3 If a party commits any breach of or default in any of the terms or conditions of this Agreement
and fails to remedy such default or breach within 7 days after receipt of a written notice thereof
from the other party, the other party may, at its option and in addition to any other remedies
which it may have at law or in equity, terminate this Agreement by sending a written notice of
termination to the party in breach or default.
10.4 No termination of this Agreement, however effected, shall discharge the parties from their rights
and obligations accrued prior to such termination or expiration of this Agreement.

ARTICLE 11. GOVERNING LAW AND DISPUTE RESOLUTION

11.1 This Agreement shall be governed and construed in accordance with the laws of the Republic of
Indonesia.
11.2 Any dispute arising from this Agreement which cannot be settled amicably between the
contracting parties shall be submitted to the International Court of Arbitration of the International
Chamber of Commerce and shall be finally settled under the Rules of Arbitration of the
International Chamber of Commerce by three arbitrators appointed in accordance with the said
Rules. The language of arbitration shall be English. The place of arbitration shall be Surabaya.

ARTICLE 12. NOTICE

Notices hereunder shall be deemed made if given by registered or certified envelope, postage prepaid,
and addressed to the recipient party at the address given below, or such other address as may hereafter
be designated by notice in writing.

ARTICLE 13. LANGUAGE

This Agreement is prepared in the Indonesian and English languages.

AGREED

FOR BUYER: FOR SELLER:

_________________ _______________

(Adrian Mcmanus) (Bimo Rahardian)