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上 海 闵 华 进 出 口 有 限 公 司Shanghai Minhua Imp. & Exp. Co. , Ltd.Add: Rm.9012 Union Building,Fax: 86-21-645378431202 Zhongshan Road (N), Tel: 86-21-64537876Shanghai, China FUJIDA TRADING CO.,LTD DATE:April 1,2003ADD: TOKYO FUJIDA BUILDING,112FUJIDA 1CHOME,CHIYODAKUTOKYO 102,JAPANDear Madam,Thank you for your Order No.FJD-CN01. Attached is our signed S/C No.MH-FJDSC08 in duplicate. Please kindly countersign them and return one copy for our file.We assure you that we will try our best to execute the contract strictly conforming to the S/C stipulations. And we hope the goods will turn out to be satisfactory in your market. Please open the relative L/C in our favor immediately so that we can arrange shipment.Best regards!Yours truly, Shanghai Minhua Imp.&Exp. Co., Ltd.xxxxxSales ManagerSALES CONFIRMATIONS/C No.: MH-FJDSC08Date: April 1st 2003The Seller:SHANGHAI MINHUA IMP./EXP. CO.,LTDThe Buyer: FUJIDA TRADING CO., LTD.Address: RM. 9012 UNION BUILDING,Address: TOKYO FUJIDA BUILDING, 11-212O2 ZHANGSHAN ROAD(N),FUJIDA 1-CHOME, CHIYODAKUSHANGHAI, CHINATOKYO 102, JAPANItem No.Commodity &SpecificationsUnitQuantityUnit Price(US$)AMOUNT(US$)CHINESE CERAMICCIFC5 YOKOHAMA115PC TEA SET ART. NO. NF91115SET316013.8043608.002220CC CUP & SAUCER ART. NO. NC904BOX42647.6032406.40316PC KITCHENWARE ART. NO. NY10216/408SET210411.5024196.00420PC DINNER SETART. NO. NH91120SET124212.8015897.60TOTAL116,108.00TOTAL CONTRACT VALUE:SAY US DOLLARS ONE HUNDRED SIXTEEN THOUSAND ONE HUNDRED AND EIGHT ONLY.PACKING:NF911151 SET/BOX, 4 BOXES/CTN, 395CTNS/20FCL, TOTAL 790CTNS IN 2 20FCLNC904HALF DOZ./BOX, 8 BOXES/CTN, 533CTNS/20FCL, TOTAL 533CTNS IN 1 20FCLNF10216/4081 SET/COLAR BOX, 2 BOXES/CTN, 526CTNS/20FCL, TOTAL 1052 CTNS IN 2 20FCLNH911201 SET/COLAR BOX, 2 BOXES/CTN, 621CTNS/20FCL, TOTAL 621CTNS IN 1 20FCLTOTAL: 2996 CARTONSPORT OF LOADING & DESTINATION:FROM SHANGHAI TO YOKOHAMASHIPMENT:TO BE EFFECTED BY THE SELLER DURING MAY 2003WITH PARTIAL SHIPMENTS AND TRANSSHIPMENT PROHIBITED.PAYMENT:BY IRREVOCABLE LETTER OF CREDIT AT 30 DAYS SIGHT OPENED BY THE BUYERTHROUGH A BANK ACCEPTABLE TO THE SELLER TO REACH THE SELLER BEFOREAPRIL 25TH 2003 AND REMAIN VALID FOR NEGOTIATION IN SHANGHAI UNTILTHE 15TH DAY AFTER THE AFORESAID TIME OF SHIPMENT.INSURANCE:TO BE COVERED BY THE SELLER FOR 110% OF TOTAL INVOICE VALUE AGAINST W.P.A.,RISK OF CLASH&BREAKAGE AND WAR RISK AS PER AND SUBJECT TO RELEVANT OCEANMARINE CARGO CLAUSES OF PEOPLES INSURANCE COMPANY OF CHINA DATED 1/1/1981.Confirmed by:THE SELLERTHE BUYERSHANGHAI MINHUA IMP./EXP. CO., LTD.XXXREMARKS:1. The buyer shall have the covering letter of credit which should reach the Seller 30 days before shipment, failing which the Seller reserves the right to rescind without further notice, or to regard as still valid whole or any part of this contract not fulfilled by the Buyer, or to lodge a claim for losses thus sustained, if any.2. In case of any discrepancy in Quality/Quantity, claim should be filed by the Buyer within 30 days after the arrival of the goods at port of destination; while for quantity discrepancy, claim should be filed by the Buyer within 15 days after the arrival of the goods at port of destination.3. For transactions concluded on C.I.F. basis, it is understood that the insurance amount will be for 110% of the invoice value against the risks specified in the Sales Confirmation. If additional insurance amount or coverage required, the Buyer must have the consent of the Seller before Shipment, and the additional premium is to be borne by the Buyer.4. The Seller shall not hold liable for non-delivery or delay in delivery of the entire lot or a portion of the goods hereunder by reason of natural disasters, war or other causes of Force Majeure, However, the Seller shall notify the Buyer as soon as possible and furnish the Buyer within 15 days by registered airmail with a certifi-cate issued by the China Council for the Promotion of International Trade attesting such event(s).5. All deputies arising out of the performance of, or relating to this contract, shall be settled through negotiation.In case no settlement can be reached through negotiation, the case shall then be submitted to the China International Economic and Trade Arbitration Commission for arbitration in accordance with its arbitral rules.The arbitration shall take place in Shanghai. The arbitral award is final and binding upon both parties.6. The Buyer is requested to sign and return one copy of this contract immediately after receipt of the same.
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