SALES CONTRACT

No: 090217/SK-DW-12
Date: 09 Feb 2017
THE SELLER: DAEWON PHARMA CO. LTD
764, SEOCHO-DEARO, CHUNGSEON-GU, SEOUL, KOREA
Tel: 82(2) 3678 9723 Fax: 82(2) 3678 109
Represented by: Mr. W.S. Pak/ Director
THE BUYER: SAO KIM MEDICAL EQUIPMENT MANUFACTURING JSC
628 LAM VAN BEN STREET, TAN KIENG WARD,
DIST. 7, HOCHIMINH CITY, VIETNAM
Tel: 84-8-38.455.332, Fax: 84-8-38.455.334
A/C No: 60004000013 VietVictory Bank
Represented by: Mr TRAN VAN NGHIA/Director

Both parties have agreed to sign this contract under the following terms and conditions:

1/ COMMODITY AND SPECIFICATION:

Pharmaceutical UNIT SPECIFICATION Q’ty Unit price Amount
product (BOX) (USD) (USD)
Daewonrizine Tab. box 10 tabs/Blister
(Cetirizine 2HCl 10 Blisters/Box
5mg) 50,000 1.55 77,500
(Visa No: VN-
3457-32)
TOTAL CIF HCMC
(+/-10% in quantity and amount is acceptable) (Incoterms 2010) 77,500
(Say: US Dollars Seventy-seven thousand five hundred Only)
2/ Manufacturer: DAEWON PHARMA Co. LTD. Korea
3/ Quality of Products: Fresh product in conformity with the specification applicable to Vietnamese
MOH. Expiry 36 months up from manufacturing date which is not older than 3 months to B/L date
4/ SHIPMENT: Not later than 20 Feb 2017
+ Shipment from: Korean port to HoChiMinh City port, Vietnam
+ Partial shipment: not allowed + Transshipment: not allowed
+ Notice of shipment: within 05 days after the departure date of carrying vessel, the Seller shall fax the
shipping document to the Buyer.
5/ Packing: Package label must follow VN MOH’s regulation.
6/ Shipping mark: Name and quantity of product.
7/ PAYMENT: 100% value of contract will be paid by an irrevocable L/C at sight by USD.
In favor of: HANMI PHARMACEUTICAL CO. LTD.
45 Bangi-dong, Songpa Seoul 138-724 Korea
(Tel: 82-2-410 9114)
Advising bank: Industrial Bank of Korea, Seon Reung Yeok Branch
SW code: IBKOKRSE
Against the following documents (presented not later than 7 days after shipment): Third party’s documents
are acceptable.
- Bill of Lading in triplicate
- Signed commercial invoice in triplicate
- Certificate of insurance in triplicate
- Certificate of origin issued by The Korea Chamber of Commerce & Industry in 1 original and 2 copies
- 3 originals of Certificate of analysis issued by the Manufacturer for the lot concerned (Manufacturing
date and expiry date are to be recorded on respective of Certificate of analysis)
- Packing list in triplicate
8/ Insurance: covered by the Seller. Insurance policy covering for 110% of invoice value showing claim
payable in HOCHIMINH CITY VIETNAM and number of policy issued.
9/ Inspection: The Buyer will be entitled to have the goods inspected by the Drug Control Institute of
HCMC at the port of destination. If any discrepancy arises in respect of quality or quantity or packing
conditions, the buyer will inform the Seller by fax about that effect. Then within 30 days from the date of
receipt of goods, the Buyer will issue a formal claim with supporting documents. Such claim will be settled
by the Seller within 45 days upon receipt of the Buyer’s formal claim.
10/ Arbitration: In the course of executing this contract, all disputes not reaching at amicable agreement
shall be settled by the Vietnam International Arbitration Center of Vietcochamber which awards shall be
final and binding both parties, the fee for the Arbitration and other charges shall be born by the lost party,
unless otherwise agreed.
11/ Penalty: In case of delay shipment/payment, the penalty for delay interest will be based on annual rate
of 15%.
12/ Other clauses:
+ This contract is made into 4 copies in English. Each party holds 2 copies
+ Any changes of the contract shall be made in written form and be subjected to both parties’ agreement.
+ This contract is subjected to Incoterms 2010
+ This contract is valid up to Dec 2017.

FOR THE SELLER FOR THE BUYER

GĐ DS. Trần Văn Nghĩa