Contract Content

1. COUNTRY OF ORIGINA AND MANUFACTURED BY:

Made in Shenzhen, China

Manufactured by the Seller: Shenzhen Sany Pioneer Technology Co.,Ltd.

2. Packing:

To be packed in standard exported carton. The seller shall be liable for any damage of the commodity and expenses incurred on amount of improper packing.

3. Marks:

Shipping mark includes Style No., pieces per carton and port of destination.

Side mark must show the size of carton and carton No..

4. Time of Shipment and method of shipment:

Send out within 30 working days upon receipt of the balance by T/T.

5. Place of shipment and Destination:

From Shenzhen, China to your address.

6. Terms of Payment:

Down payment within 7 days of the contract date and balance payment before sending out.

7. Documents: 

• Three originals and three copies of the commercial invoice, indicating the contract number and the amount payable;
• Two originals and two copies of the packing list, indicating the weight of each package, and issued by the seller;

8. TERMS OF SHIPMENT:

The Buyer shall send the commodity within the shipment term from the place of loading to the destination. Transshipment is allowed. Partial shipment is allowed.

9. SHIPPING NOTICE:

After the commodities are packaged, the Seller shall immediately notify the buyer of the contract number, product name, number of pieces, weight and contract amount, and send the documents listed in Clause 7 of the Contract to the Buyer by e-mail.

10. Claims:

In case discrepancy on the quality or quantity of the goods is found by the Buyer, after arrival of the goods at the port of destination, the Buyer may, within 15 days after arrival of the goods at the port of destination, lodge with the Seller a claim which should be supported by an Inspection Certificate issued by a public surveyor approved by the Seller. The seller shall, on the merits of the claim, either make good the loss sustained by the Buyer or reject their claim, it being agreed that the Seller shall not be held responsible for any loss or losses due to natural cause failing within the responsibility of Shipowners of the Underwriters. The seller shall reply to the Buyer within 30 days after receipt of the claim.

11. Late Delivery and Penalty:

In case of late delivery, the Buyer shall have the right to cancel this contract, reject the goods and lodge a claim against the Seller. Except for Force Majeure, if late delivery occurs, the Seller must pay a penalty, and the Buyer shall have the right to lodge a claim against the Seller. The rate of penalty is charged at 0.5% for every 7 days, odd days less than 7 days

should be counted as 7 dyas. The total penalty amount will not exceed 5% of the shipment value. The penalty shall be deducted by the paying back or the Buyer from the payment.

12. Force Majeure:

Either party shall not be held responsible for failure or delay to perform all or any part of this agreement due to flood, fire, earthquake, draught, war or any other events which could not be predicted, controlled, avoided or overcome by the relative party. However, the party affected by the event of Force Majeure shall inform the other party of its occurence in writing as soon as possible.

13. Arbitration:

All disputes in connection with this Contract or the execution thereof shall be settled amicably by negotiation. In case no settlement can be reached between the two Parties, the case under dispute shall then be submitted to the Trade Arbitration Commission of the China Council for the Promotion of International Trade for settlement by arbitration in accordance with the Commission’s arbitration rules. The award rendered by the commission shall be final and binding on both parties. The decision made by the Arbitration commission shall be accepted as final and binding upon both parties. The fees for arbitration shall be borne by the losing party unless otherwise awarded.

The contract is valid for one week. If the buyer fails to confirm the content and pay the deposit with the seller within one week, the contract will be void.

*After confirming all the contents of the contract with the seller, the buyer needs to download the contract and upload the scanned contract document signed by the buyer, then pay the deposit,the contract will take effect immediately. 

Signed by: