lOMoARcPSD|10950921

SALES CONTRACT
No: 01/ABC-WL
Date: 06 November 2021

The seller: WOODLAND STOCK Co.Ltd Add: 83/1 Wireless Road,

Lumpini, Pathumwan, Bangkok 10330, Thailand
Tel : +86 523-84616148
Fax : + 86 523-84616126
Hereinafter called the Seller
Represented by: Thaksin Shinawatra – Manager
The Buyer: ABC MERCHANT Co. Ltd
Add: Đình Vũ Port, Đông Hải 2, Hải An, Hải Phòng.
Tel/Fax: +84 8 3740 6783/ +84 8 3740 6738
Hereinafter called the Buyer
Represented by :MR Duong Tuan Anh - Directer
The two parties have mutually agreed and concluded to sell and buy the goods
under the following terms and conditions:
ARTICLE 1: COMMODITY, QUALITY:
1.1 Commodity and specifications:

No Model Unit Quantity Amount (USD)

1 Wood Flour MTs 100 80.000
TOTAL AMOUNT: CIF-HAIPHONG PORT (INCOTERMS 2020) USD 80.000

In words: US dollars eighty thousand only.

1.2 Quality: 100% brand new, produced in 2021, humidity <3%.
1.3 Country of Origin: Thailand.
1.4 Packing: As per manufacturer standard packing, and safety for
long-sea transportation.
1.5 Marking: As per manufacturer standard packing
1.6 Allowable defects: When transporting, if the transportation
distance is less than 1000 km, the natural loss rate is: 3%; distance
from 1000 - 2000 km: 4% and distance over 2000 km is 5%.
ARTICLE 2: SHIPMENT- DELIVERY
2.1 Latest date of delivery: 26/11/2021
2.2 Partial Shipment: not allowed.
2.3 Trans - Shipment: not allowed.
2.4 Port of loading: Bangkok Port, Thailand.
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2.5 Port of destination: Haiphong Port, Vietnam

2.6 Notice of shipment: within 02 working days after shipment.
The Seller shall notify by fax or email to the Buyer the shipping information
including bill of lading, invoice, packing list, certificate of origin, certificate of
quantity and quality,...

ARTICLE 3: PAYMENT
3.1. All payment shall be in US Dollar without any rights to offset.
 Payment after 60 days from the date of delivery. 
100% payment by Documents Against Aceptance.
WOODLAND STOCK Co.Ltd
Add: 83/1 Wireless Road, Lumpini, Pathumwan, Bangkok 10330, Thailand
Beneficiary bank: BANGKOK BANK PUBLIC COMPANY LIMITED
Add: 30/3, KHAOSAN, BANGKOK, THAILAND
Swift Code: BKCHCNBJ940
L/C no:
3.2. All following documents will be sent to the Buyer within 07 working days:
· (3/3) original Ocean Clean on Board Bill of Lading, marked "Freight to
collect".
· Signed Commercial Invoice: 03 originals
· Detailed Packing list: 03 originals
· Certificate of Quality and Quantity issued by The seller : 03 originals ·
Certificate of Origin issued by Thailand Chamber of Commerce: 1 original
and 2 copies.
ARTICLE 4: INSURANCE
 The seller must purchase a class B insurance for the goods. 
Hire a third party to transport the goods.
ARTICLE 5: INSPECTION
5.1. The Seller must inspect the goods prior to the shipment (The first
Inspection). All charges and expenses shall be borne by The Seller.
5.2. The final inspection shall be carried out by VINACONTROL within 3 days
after arrival date at discharge port. All related costs will be borne by The Buyer.
5.3 The Seller shall settle the suitable claim of The Buyer within a maximum of
30 days after receipt of the claim.
ARTICLE 6: FORCE MAJEURE
1) The Seller shall not be held responsible for the delay in shipment or
nondelivery of the goods due to force majeure, which might occur during the
process of manufacturing or in the course of transit. Seller shall advise Buyer
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immediately of the above-mentioned occurrence and within 14 days thereafter,

Seller shall send by air mail to Buyer for their acceptance a certificate of the
accident issued by local police department where the accident occurred as
evidence thereof.
2) Under the above circumstances, the Seller however is still under the
obligation to take all necessary measures to hasten the delivery of the goods. In
case the accident lasts for more than 10 weeks, the Buyer shall have the right to
cancel the Contract.
ARTICLE 7: VALIDITY OF THE CONTRACT
The contract comes into force from the signing date.
ARTICLE 8: ARBITRATION
All disputes in connection to this contract or execution thereof shall be settled
by negotiation between two parties. If no settlement can be reached, the case of
dispute shall be submitted for arbitration pursuant to the Rules of Arbitration of
the International Chamber of Commerce in a third country and the rules of this
Commission shall be applied. The award of the arbitration shall be final and
binding between two parties.
All charge and expenses for Arbitration shall be borne by the losing party
unless otherwise agreed.

ARTICLE 9: GENERAL CONDITION

1. Incoterms 2020 is applicable.
2. The two parties undertake to carry out completely and strictly this
contract. If there is any difficulty, both parties will discuss how to solve
the problem. Any amendment or alternations of the terms of this contract
must be mutually agreed previously and made in writing.
3. This contract is made into 02 originals in English version, 01 of which
for each party with equal value. Contract signed through fax is
acceptable.

FOR THE BUYER FOR THE SELLER

(singed) (singed)

Duong Tuan Anh Thaksin Shinawatra