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sales contractseller:trading co., ltd.1155#,liuchen road,chuansha new twon, pudong new district,shanghai 201200, chinatel: 0086-21-21234567 fax: 0086-21-2123458world trading co.p.o. box 99552, riyadh 22766, colombia tel: 00966-57-4659220 fax: 00966-57-4659213no.: date:signed in:neo2001026 aug. 8, 2011 shanghai, china buyer:this contract is made by and agreed between the buyer and seller , in accordance with the terms and conditions stipulated below. withmore or less of shipment allowed at the sellers option5. usd thirteen thousand two hundred and sixty only.total value 6. exported brown cartonpacking7. rose brand178/2001 shipping marks8. not later than sep.8, 2011 by vesseltime of shipment & means of transportation9. from : shanghai port, chinato : puerto colombia, colombia port of loading & destination10. to be covered by the buyer.insurance11. the buyers shall open through a bank acceptable to the seller an irrevocable letter of credit payable at sightof reach the seller 30 days before the month of shipment, valid for negotiation in china until the 15th day after terms of paymentthe date of shipment. 12. remarksthe buyer the seller trading co., ltd. neo general trading co.(signature) (signature)()1sales contract(no.):_(signed at):_ (date):_ (seller):_(adress):_(tel) :_ (fax):_ (e-mail):_ (buyer0:_(adress):_(tel) :_ (fax):_ (e-mail):_(the undersigned seller and buyer have agreed to close the following transactions according to the terms and conditions set forth as below:)2(quantity)4(total amount)5(more or less)_%6(time of shipment)_(within_days after receipt of l/c allowing transhipment and partial shipments )7(terms of payment)_(by confirmed, irrevocable,transferable and divisible l/c to be available by sight draft to reach the seller before_and to remain valid for negotiation in china until _after the time of shipment. the l/c must specify that transhipment and partial shipments are allowed.)(the buyer shall establish the covering l/c before the above-stipulated time, failing which, the seller shall have the right to rescind this contract upon the arrival of the notice at buyer or to accept whole of and part of this contract non fulfilled by the buyer, or to lodge a claim for the direct losses sustained if any.)8(packing)9(insurance)_%_(covering_risks for _% of invoice value to be effected by the _)10/(quantity/quantity discrepancy)3015(in case of quality discrepancy, 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 filed by the buyer within 15 days after the arrival of the goods at port of destination. it is understood that the seller shall not be liable for any discrepancy of the goods shipped due to causes for which the11(the seller shall not be held responsible for failure or delay in delivery of the entire lot or a portion of the goods under this sales contract in consequence of any force majeure incidents which may occur. force majeure as referred to in this contract means unforeseeable, unavoidable and insurmountable objective conditions.)12(arbitration)13(notice)_/_(all notices shall be written in _and served to both parties by fax/courier according to the following address within _days after the change.)14._(this contract is executed in two counterparts each in chinese and english, each of which shall be deemed equally authentic. this contract is in _copies effective since being signed/sealed by both parties.)the seller: the buyer:2 sales contract date: contract no.: (the buyers) (the sellers)this contract is made by and between the buyers and the sellers; whereby the buyers agree to buy and the sellers agree to sell the under-mentioned goods subject to the terms and conditions as stipulated hereinafter:(2) quantity:(3) unit price:(4) total value:(5) packing:(6) country of origin :(7) terms of payment:(8) insurance:(9) time of shipment:(10) port of lading:(11) port of destination:(12)45 claims:(13)14force majeure:the sellers shall not be held responsible for the delay in shipment or non-deli-very of the goods due to force majeure, which might occur during the process of manufacturing or in the course of loading or transit. the sellers shall advise the buyers immediately of the occurrence mentioned above the within fourteen days there after. the sellers shall send by airmail to the buyers for their acceptance certificate of the accident. under such circumstances the sellers, however, are still under the obligation to take all necessary measures to hasten the delivery of the goods.(14arbitration: : purchase contract: : : contract no.: oa010602 signed at: shanghai datejuly 6,20111. :the buyers: shanghai ok food co., ltd :address: 7/f, ocda bldg, xihu rd., hangzhou, china(tel): 86-755-5252520(fax): 86-755-52525202. :the sellers: love lw food, inc:address: 5-18 changning , shanghai, china(tel): 81-465-282828 (fax): 81-465-282829the undersigned sellers and buyers have confirmed this contract is accordance with the terms and conditions stipulated below:total value (in words): say usd thirteen thousand two hundred and sixty only8. _5_%9. terms:? fob ? cfr ? cif ? ddu 11. packing: exporter carton 12. shipping mark:none13. _()_()shipment from (port of destination). 14. ? ? ?transhipment:?allowed ?not allowed partial shipment: ?allowed ?not allowed shipment time: within 20days after receipt of irrevocable sight l/c.15. _110_%_ _insurance: to be covered by the for % of the invoice value covering additionalfrom 16. terms of payment:? _2011_7_30_100%/the buyers shall pay 100% of the sales proceeds through sight (demand) draft/by t/t remittance to the sellers not later than ? _2011_7_25_90_10_the buyers shall issue an irrevocable l/c at sight through infavour of the sellers prior to indicating l/c shall be valid in though negotiation within days after the shipment effected, the l/c must mention the contract number.? _2_documents against payment (d/p): the buyers shall dully make the payment against documentary draft made out to the buyers at sight by the sellers.? _2_documents against acceptance (d/a): the buyers shall dully accept the documentary draft made out to the buyers at days by the sellers. 17. inspection and claims:the buyer shall have the qualities, specifications, quantities of the goods carefully inspected by the inspection authority, which shall issues inspection certificate before shipment. _5_ _4_2_force majeure: the sellers shall not hold any responsibility for partial or total non-performance of this contract due to force majeure. but the sellers shall advise the buyers on time of such occurrence. 22. disputes settlement: all disputes arising out of the contract or in connection with the contract, shall belaw applications: it will be governed by the law of the peoples republic of china under the circumstances that the contract is signed or the goods while the disputes arising are in the peoples republic of china or the defendant is chinese legal person, otherwise it is governed by united nations convention on contract for the international sale of goods.fobcfrcifdduincoterms 1990versions: this contract is made out in both chinese and english of which version is equally effective. conflicts between these two languages arising therefrom, if any, shall be subject to chinese version. 25. ()additional clauses: (conflicts between contract clause hereabove and this additional clause, if any, it is subject to this additional clause) 26. _2_/this contract is in copies, effective since being signed/sealed by both parties.representative of the buyers:authorized signature:()representative of the sellers:authorized signature:()issue of a documentary creditbkchcnbja08e session: 000 isn: 000000 bank of china shanghai no. 5 zhongshan square changning district shanghai chinadestination bank haexkrsexxx message type: 700 hangzhou exchange bank hangzhou 178.2 ka, zhongshan ro, zhongshan40a type of documentary credit irrevocable20 letter of credit number lc84e0081/9931g date of issue11071631d date and place of expiry 110915 hangzhou51d applicant bankbank of china shanghai branch50 applicantshanghai love lw food co., ltd59 beneficiaryok food corporation cpo box 110 hangzhou china32b currency code, amount usd1326041d available with.by. any bank by negotiatio42c drafts at45 days after sight42d draweebank of china shanghai branch43p partial shipments not allowed43t transhipment not allowed44a shipping on board/dispatch/packing in charge at/ fromyangshan port44b transportation to hangzhou port, p.r.china44c latest date of shipment 11071345a description of goods or servicescanned vegetable usd770/mt cfr dalian quantity: 1700cartons/fcl46a documents required:3. full set of clean on board ocean bills of
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