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编号: _YACHT BUILD AGREEMENT(游艇建造协议)甲 方:_乙 方:_签订日期:_年_月_日DATED:betweensYachtCompanyLimited,HongKong(HereinafterreferredtoastheBuilder)andBBBCC,Vietnam,(HereinafterreferredtoastheBuyer)WHEREAS:1)TheBuyerwishestoacquireaAAAsCape65TrawlerYacht(theyacht)designedbyThanosCondylis,andbuilttotheBuyersstatedrequirementsandspecification,andtheBuilderhasthecapability,knowledgeandskillstobuildandsupplythesame2)TheBuilderhasagreedtoconstruct,equip,fit-out,testanddelivertheYachttotheBuyersstatedrequirementsandspecification,whichtheBuyerhasagreedtoacceptuponthetermsandconditionshereinafterspecified:NowthereforethePartiesheretohaveagreedanddoherebyagreeasfollows:ARTICLEI-INTERPRETATION1)InthisContractthefollowingwordsandexpressionsshallhavethemeaningherebyascribedtothem,exceptwherethecontextotherwiseadmitsorrequires:BankingDaysShallmeandaysuponwhichHongKongclearingbanksarecustomarilyopenforbusinesstheBuildersClarificationsShallmeanthedocumentssoentitledformingpartofthisContractandsetoutasAnnexeshereto;(SeealsoItem(2)ofthisArticle)BuyersRepresentative(s)ShallmeansuchpersonsnotifiedfromtimetotimebytheBuyerashavingauthoritytoactfortheBuyer,theextentofsuchauthoritybeingsetoutinthenotice;ItemsofBuyerssupplyShallmeananyitemofequipmentandstoresfortheYachtorderedbytheBuyerdirectfromthemanufacturerorthesupplier,forincorporationintheYachtbytheBuilder;ItemsofBuilderssupplyShallmeananyitemofequipmentandstoresfortheYachtorderedbytheBuilderdirectfromthemanufacturerorthesupplier,forincorporationintheYacht;theCertifying/SurveyBodyShallmeanthebodyresponsibleforthesurveyandcertificationoftheyachttotherequirementsofthebuyertheContractShallmean(a)thisContract,and(b)theattachedAnnexesandschedulemoreparticularlydescribedbelowtheContractDeliveryDateShallmeannolaterthan;theContractMasterProgrammeShallmeantheprogrammeforconstructionoftheYacht,setoutinAnnexD;theContractPriceShallmeanthepricestipulatedinArticleVfortheYacht,YardNumber005;theYachtShallmeantheyachtthesubjectofthisContractandgenerallyasdescribedinArticleII,withallthemachinery,apparatus,outfit,materials,andequipmentappurtenantthereto,butexcludingtheitemsofBuyerssupplytheBoatyardShallmeanAAAsYachtCompany,Xinhui,ChinatheDesignSpecificationsShallmeanthespecifications,designs,plansanddrawings,setoutinScheduleA,preparedandsignedbytheBuyer,identifiedasformingpartofthisContract,andincludingsuchrevisedorsupplementalspecifications,plansanddrawingsasmaysubsequentlybeagreedbetweentheBuyerandtheBuilderPROVIDEDthat(i)inthecaseofanyinconsistencybetweenanyArticleorparagraphofthisContractandtheDesignSpecifications,thisContractshallprevail,(ii)inthecaseofanyinconsistencybetweentheDesignSpecificationsandaplanordrawing,theDesignSpecificationshallprevail,and(iii)inthecaseofanyinconsistencybetweenoneplanordrawingandanotherplanordrawing,thelaterindateshallprevail;ScheduleAShallmeantheagreedscheduleofdrawingsAnnexAShallmeanthelistofmaterials,componentsandequipmentdefiningacompletedyacht;AnnexBShallmeantheagreedweldqualityproceduresAnnexCShallmeantheagreedShotBlasting,Fairing,PaintingandfoamingSpecificationsAnnexDShallmeantheagreedproductionschedulemasterprogramSpecifiedShallmeanstipulatedinthespecificationsandAnnexA;SupplierShallmeananyperson,firmorcompany,whichhasenteredintoacontractwiththeBuilderforthesupplyofmaterials,machinery,servicesorequipment(otherthanitemsofBuyerssupply)fortheyacht;TheIndex,Articleandparagraphheadings,areinsertedforconvenienceonlyandshallnotaffecttheconstructionofthisContractWordsimportingthesingularshallincludethepluralandviceversa2)ListofBuildersclarifications,notcoveredinAnnexAdocument:CradlesforTransportThesupplyofaCradleforshipmentisexcludedfromthisContractDressing/SteppingtheMastThedressingandsteppingofmastfortheYachtisincludedintheBuilderssupplyStorageTheBuilderwillarrangesecurestorageashorefortheYachtattheBoatyardbetweencompletionofbuildandhandoveratdeliveryFabricationTheBuilderwillsupplysteelinpre-cutformwithatestcertificateinaccordancewiththebuildersproductionandqualityplanWeldingTheContractisbasedonNDT(nondestructivetesting)beingconductedtothestandardsrequiredbyDetNorskeVeritasclassRulesforyachtandSmallCraft,including100visualexaminationRadiographywillbecompletedwhereappropriate,attheBuilderscostAllweldingwillbecarriedoutinaccordancewiththequalityplanandISOweldproceduresapprovedbythebuyersrepresentativeandwillbeingeneralaccordancewithDetNorskeVeritasrequirementsShotBlastingShotBlastingoftheYachtwillbeinaccordancewiththeagreedspecificationattachedinAnnexCInsulationTheinsulationoftheYachtwillbeinaccordancewiththeagreedspecificationattachedinAnnexCFairingandPaintingThefairingandpaintingoftheYachtwillbeinaccordancewiththeCoatingsSpecificationattachedinAnnexCEquipmentTheresponsibilityforthesupplyofmaterialsandequipmentwillbeasdefinedandagreedintheComponentsList(AnnexA)fortheYachtQualityPlanDocumentationAnagreedqualityplanwillbeissuedcoveringallaspectsoftheYachtsconstruction,whichwillinclude:a)Hull&DeckFabricationb)BlastandPrimec)FairandPaintd)ElectricalandmechanicalEngineeringe)Fit-OutARTICLEIIDESCRIPTION1)TheYachttobeconstructedunderthisContractisaMotorYachtofapproximately2000metreslengthoveralldesignedbyThanosCondylis,asdescribedinthespecifications,withthefollowingmainparticulars:ApproximateDimensionsLengthoverallabout2000metresLengthonthewaterlineabout1803metresBeam(max)about575metresDraftabout177metres2)AdistinctiveyardNumbershallbeplaceduponeachYachtandhermaterialsandoutfit,duringconstructionTheYardNumberoftheYachtshallbeKYC-005ARTICLEIIICONSTRUCTION,MATERIALSANDINSPECTION1)TheYachtandhermachinery,outfit,equipment,materialsandworkmanshipshallbeinaccordancewiththisContractandtheDesignSpecifications2)Inprinciplethebuilderwillsupplyallmaterial,componentsandequipmentfortheyachtassetoutinAnnexeAAnyadditionalmaterial,componentsorequipmentprocuredbythebuilderwillbebilledtothebuyeratdeliveredcostplus15Howeverthebuildermustnotifythebuyerinwritingpriortoprocurementofthecostandquantityofanyitemsforwhichthebuilderintendstobebilledtothebuyersaccount3)Intheeventofanydelayofdeliveryofmaterial,componentsandequipmentwhichareitemsofBuyerssupply,bythebuyerresultingindelaystotheproductionschedulesetoutinAnnexeE,thecontractdeliveryperiodmaybeextendedbytheamountofthedelayProvidedalwaysthatthebuilderwillusehisbestendeavourstominimisethedelaysocausedbyre-schedulingworktoutilisethematerial,componentsandequipmentthathavealreadybeendeliveredtothebuilder4)IfanyspecifiedmaterialsarenotavailablewhenrequiredforincorporationontheYacht,theBuildershallbeatlibertytouseothersuitablematerialsinsubstitutiontherefore,subjecttotheapprovaloftheBuyer,whichapprovalshallnotbeunreasonablywithheldAnyadjustmenttotheContract,DeliveryDateorDesignSpecificationresultingfromsuchsubstitutionshallbemadeinaccordancewiththeprovisionsofArticleIV5)DuringconstructionoftheYacht,theBuilderwillpermittheBuyersRepresentativetoattendthetestsspecifiedinArticleVIIIandtohaveaccesstotheBoatyardduringordinaryworkinghourswhileworkisproceedingontheYachtThebuildermustgivereasonablenoticeofsuchteststotheBuyersRepresentativeinwritingTheBuilderwilluseitsreasonableendeavourstoarrangefortheBuyersRepresentativetohaveaccesstothepremisesoftheBuilderssubcontractorsforthepurposeofinspectingmaterialsandworkmanshipIf,duringconstruction,theBuyerorhisRepresentativeallegesanydefectoromissionintheYachttheyshall,ifrequiredbytheBuilder,immediatelyspecifythesameinwritingIftheBuilderagreesthattherehasbeenadefecttheBuilderwillatitsowncost,beforedelivery,rectifythesame6)ThebuildwillbesubjecttoregularinspectionsbytheBuyerAccommodation,mealsandentertainmentinChinafortheBuyersstaffthatarepaidforbythebuilder,willbeinvoicedtothebuyeratcostThebuyerwillcoverhisowntravelcoststoandfromtheboatyard7)TheBuilderundertakestoprovideasuitablyqualified(Englishspeaking)MarineEngineertoactasaliaisonpersonwiththeBuyerthroughoutthedurationofthiscontract8)WherepracticaltheBuildershalltakeandmakeavailabletotheBuyer,digitalphotographicevidenceofallconstruction,paintingandfitoutstagesduringtheYachtsbuildSuchdigitalinformationwillbesenttotheBuyerortheBuyersRepresentativebyelectronicmeansandatsuchfrequencytoallowtheBuyerortheBuyersrepresentativetomonitorthecourseoftheYachtsbuild9)Thematerials,componentsandequipmentfortheYacht(asdetailedandagreedontheComponentSupplyListinAnnexA)thataretheBuilderssupplywillbeshippedtotheBoatyardbythebuilderathisexpenseShippingcostsofItemsofBuyerssupplywillbeattheBuyerscosttogetherwithassociatedexportandimportprocedures,dutiesandinsurance10)TheBuilderspremisesshallhavethenecessaryfacilitiesandequipmenttoconstructtheYachttotheagreedstandardsandspecificationsThefacilitiesandequipmentwillincludeshotblastingequipment,airlesssprayequipment,boltweldingcapacitor,heavydutypulseMIGweldingequipmentandenvironmentalmonitoringequipmentcapableofprovidingarecordoftemperature,humidityanddewpointARTICLEIVMODIFICATIONS1)AtanytimepriortoDeliveryoftheYachttheBuyerthroughtheBuyersRepresentativemayrequest,inwriting,modificationsoradditionstoordeletionsfromtheDesignSpecificationsandScheduleATheBuildershallnotbeobligedtoaccedetoanyrequestunderthisparagraph(1)unless:i)ItisreasonableandpracticablefortheBuildertodosohavingregardtothestageofconstructionwhichtheYachthasreachedandtotheBuildersBoatyardprogramme;ii)ThePartiesshallfirstagreeinwritinginrelationtosuchmodifications,additions,ordeletions:(1)AnyincreaseordecreaseintheContractPriceandvariationofthepaymenttermsfortheYacht;(2)AnyextensionoftheContractDeliveryDate;(3)AnyalterationofthetermsofthisContractortheDesignSpecificationorAnnexAProvidedthattheBuildershallbeentitledtocontinueproductioninaccordancewiththeDesignSpecificationsandScheduleAuntilagreementhasbeenreachedasprovidedinthissub-paragraphii)。2)TheBuildershallnotmakechangesinconstructionaldetailsormaterialsoftheYachtwithouttheagreementoftheBuyerinwritingARTICLEVPRICEANDTERMSOFPAYMENTTheBuilderhasagreedtocompletetheconstruction,outfitanddeliveryoftheYachtfortheBuyeronthefollowingterms1ThecontractpricefortheyachtwillbeUS$850,000(EighthundredandfiftythousandUSdollars)2PaymentofthefirmpricefortheYacht,shall,subjecttoparagraph3)hereofbemadeininstalmentsfromtheBuyertotheBuilderasfollows:InstalmentEventa)InitialdepositofUS$127,500(onehundredandtwentyseventhousandfivehundred)payableonthesigninghereofb)UponarrivalofallstructuralbuildingmaterialsintheBoatyard,US$127,500(onehundredandtwentyseventhousandfivehundred)c)OnsatisfactorycompletionoftheYachtsstructuralsteelworkUS$127,500(onehundredandtwentyseventhousandfivehundred)d)OnsatisfactorycompletionoftheYachtsinteriorpaintingandinsulationstages,substantialcompletionoftheYachtsinteriorfurniturebuiltofftheYacht,andatthestartoffitout,US$127,500(onehundredandtwentyseventhousandfivehundred)e)OnsatisfactorycompletionoftheYachtsexteriorpaintingstages,US$127,500(onehundredandtwentyseventhousandfivehundred)。f)OnsatisfactoryinstallationoftheYachtsengines,generatorsandmainengineroomsystems,togetherwithinstallationoftheflybridgestructure,US$127,500(onehundredandtwentyseventhousandfivehundred)。g)OndeliveryandfinalacceptanceoftheYachtbytheBuyerUS$85,000(Eightyfivethousand)。2)TheBuildershall,bynotlessthanfourteendaysnoticeinwriting,advisetheBuyerofthedateuponwhicheachinstalmentoftheContractPriceshallbecomepayable(i)SubjecttotheBuilderscompliancewiththenoticeprovisionsoftheforegoingparagraph,eachofthesaidinstalmentsshallbecomedueandpayableupontheappropriateInstalmentEvent,subjecttoreceiptbytheBuyeroftheBuildersinvoicethereof,accompaniedbyaStageCertificateIssuedbytheBuildercertifyingthattheappropriateInstalmentEventhastakenplace(ii)PriortoeachInstalmentEvent,theBuildershallnotifytheBuyer,inwriting,oftheamountofanyreductionin,oradditionto,theContractPrice,inaccordancewiththetermsofthisContractTheinstalmentdueontheforthcomingInstalmentEventshallbeadjustedtotakeaccountofanysuchamendmenttotheContractPrice4)TheamountofeachinstalmentoftheContractPriceshallbepaiddirecttoAAAsYachtCompanyLimited,A/Cnumber0842-5094atCitibankHongKong,(RoutedviaCitibankNY,ABA#021000089,A/CCitibankHK,CHIPSUID030339,SwiftCodeCITIHKHX)fortheaccountoftheBuilderwithinfourteenBankingdaysoftheduedateforpaymentandifnotsopaidshall(withoutprejudicetoanyotherrightsoftheBuilderinrespectofnon-payment)bearinterestfromtheduedateuntilpaymentatHKBaseRateplus45)IntheeventoftheBuilderissuingaStageCertificateunder(3)(i)andtheBuyerconsideringthattheBuildershouldnothaveissuedthesamebecausetheInstalmentEventshallnothavebeenreached,or,ifreached,thattheworkormaterialsexecutedorincorporatedbytheBuilderintheYachtwasnotinaccordancewiththerequirementsofthisContractorinaccordancewithgoodengineeringpracticethentheBuyermaygiveaCounterNoticespecifyingthemattersbyreasonwhereoftheBuyercontendsthattheStageCertificateshouldnothavebeenissued,andthereuponifthePartiesdonotagreethenthemattershallbereferredforresolutiontoanarbitratortobeagreedbythePartiesARTICLEVIPROPERTY1)TheYachtassheisconstructed,andallmachineryandequipmentandmaterials,whetherwhollyorpartiallyfinishedorunfinished,fromtimetotimeappropriatedorintendedfortheYachtintheBoatyardorelsewhere,shallbeandremaintheabsolutepropertyoftheBuyer(andshallbeattheriskoftheBuilder)andshallbewithintheownershipanddispositionoftheBuyerThebuildershall,however,havealienuponthecraft,machineryandequipmentandmaterialsforrecoveryofallsumsdueunderthetermsofthisagreementoranyvariationormodificationthereof2)Thebuilderwillco-operatewithandgiveallreasonableassistancetothebuyerinrelationtothemeasurementandregistrationoftheyachtARTICLEVIIINSURANCE1)DuringtheperiodofconstructionunderthisContractanduntildeliveryoftheYachtinaccordancewithArticleIX,theYachtandallmaterials,machineryandequipmentallocatedfortheconstructionthereofandallitemsofBuyerssupplyactuallydeliveredtotheBuildershallbeattheriskoftheBuilder,whoshallatitsownexpensekeepthesameinsuredforasumnotlessthan110oftheaggregatesumofthecontractpriceplusthevalueoftheitemsofBuyersSupplywithanapprovedinsurerorinsurersandinrespectofandagainstallordinaryyachtbuildingrisks,beingfire,storm,theft,flood,lightening,explosion,docking,undocking,launching,salvage,removalofwreck,strikes,civilcommotion,maliciousdamage,sabotageandvandalism2)BuyerssupplyitemswillbedeliveredtotheBuilderatXinhuiport,atwhichpointtheriskfortheitemswillpasstotheBuilder3)AcertificateofinsuranceshowingthatthenecessarycoverisinplaceshallbedeliveredtotheBuyerifsorequired4)Intheeventofanactual,constructive,compromisedorarrangedtotallossoftheYachtpriortoDeliveryofthesametotheBuyer,eithertheBuyerortheBuildershallbeentitledtoterminatethisContractbyservingupontheBuilderortheBuyer,asthecasemaybe,writtennoticeoftermination,suchnoticetobedispatchedwithinfourteendaysofthedateuponwhichtheinsurersacceptthattheYachthasbecomeanactualconstructive,compromisedorarrangedtotalloss5)IntheeventofanylossordamagebeingsustainedbytheYachtpriortodeliverywhichdoesnotconstituteanactual,constructive,compromisedorarrangedtotalloss,theBuildershallrepairandmakegoodthatlossordamage(hereinafterreferredtoasapartialloss)atthecostoftheBuilderandwhetherornotsufficientinsurancefundsmaybeavailable6)Theproceedsoftheinsurancereferredtoinparagraph(1)ofthisArticleshallbedealtwithasfollows:IftheinsuranceproceedsareinrespectofanactualorconstructiveorcompromisedorarrangedtotallossthentheyshallbeappliedfirstlyinreimbursementtotheBuyeroftheamountofallpayments,ifany,madebytheBuyertotheBuilderunderthisContractandinreimbursementofthevalueofanyitemsofBuyersSupplyand,secondly,inpaymentofanybalancetotheBuilder7)FollowingDeliveryoftheYacht,theBuyershallacceptallriskintheYachtincludingallmaterials,machineryandequipmentthereof,andtheBuyershallatitsownexpenseberesponsibleforallinsurancerisksthereafterARTICLEVIIITESTS1)PriortodeliveryoftheYachttotheBuyer,theBuildershallcarryoutthetestsprovidedforintheQualityDocumentation,includingbutnotlimitedto:a)Noiseandvibrationb)Hoseandpressuretestsc)MotoringtrialswithintheconfinesoftheWestRiver2)TheBuildershallgivetheBuyerreasonablewrittennoticeofthetimeandplaceatwhicheachofthetestsistobecarriedoutARTICLEIXDELIVERY1)TheYachtshallbedeliveredtotheBuyerbytheBuilderatamutuallyagreedplaceinHongKongHarbouronorbeforetheContractDeliveryDate,orasthesaidContractDeliveryDatesmayhavebeenextendedinaccordancewiththeprovisionsofArticlesIIIorIV2)ProvidedthatallinstalmentsandothersumsassetoutandcontainedinArticleVarefullypaidthentheDeliveryoftheYachtshallbeeffectedforthwithbytheconcurrentsignaturebytheBuyerandtheBuilderofaCertificateofDeliveryandAcceptanceacknowledgingDeliveryoftheYachtbytheBuilderandacceptancethereofbytheBuyerprovidedthatthesignaturethereofbytheBuyershallnotoperateasawaiverofanyrightswhichtheBuyermightotherwisehaveinrespectoftheYacht3)Upondelivery,theriskintheYachtdeliveredshallpasstotheBuyer,itbeingexpresslyunderstoodthat,untilDeliveryiseffected,theYachtandtheirequipmentareattheentireriskoftheBuilder4)TheBuyershalltakepossessionoftheYachtimmediatelyuponDelivery5)IftheBuilderisunabletotendertheYachtforDeliverywithinsixtydays(thePeriodofGrace)oftheContractDeliveryDate,theBuildershallpaytotheBuyerasagreedandliquidateddamagesthesumofUS$100foreachdaytheYachtisnotsotenderedforthefirstthirtydayperiodofdelayaftertheperiodofgrace,thenUS$250foreachsubsequentdaytheYachtisnotsotenderedanduntilsatisfactorydeliveryismade6)IfanyitemsontheY

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