Add:3-2201,Tech-innovation Ctr,Chaoguinan Road,Ronggui,Shunde,Guangdong,China
Tel:0086-757-22302636 Fax:0086-757-22115210
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Add:3-2201,Tech-innovation Ctr,Chaoguinan Road,Ronggui,Shunde,Guangdong,China
Tel:0086-757-22302636 Fax:0086-757-22115210
Contract Date:
Contract No.:
The seller:GUANGDONG BFC TECHNOLOGY CO.,LTD
Add: 3-2201,Tech-innovation Ctr,Chaoguinan Road,Ronggui,Shunde,Guangdong,China
Email: karl.liu@buyfromchina.cn
Tel: 0757-22302636
The buyer:
Add:
Email:
Tel:
1. 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:
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(1) Origin:
(2) Packing:
(3) Incoterm:
(4) Terms of payment:
(5) Time of shipment:
(6) Insurance:
(7) POL:
(8) POD:
2. Bank information
Beneficiary: Guangdong BFC Technology Co,.Ltd
Bank name: AGRICULTURAL BANK OF CHINA LTD,GUANGDONG SHUNDE (SUB-) BRANCH
Bank address: ZHENGTONGRD,DALIANG,SHUNDE,FOSHAN,GUANGDONG
Account No.: 44460014040033502
Swift code: ABOCCNBJ190
3. Documents required should be confined as following:
(1) Commercial invoice
(2) Packing list
(3) Clean bill of lading
3. Force Majeure: Neither party shall be held responsible for failure or delay to perform all or any part of this Contract due to flood, fire, earthquake, snowstorm, drought, hailstorm, hurricane, war, government prohibition, or any other events that are unforeseeable at the time of the execution of this Contract and could not be controlled, avoided or overcome by such party. However, the party whose performance is affected by the event of Force Majeure shall give a notice to the other party of its occurrence as soon as possible and a certificate of the occurrence of the Force Majeure event issued by local Chamber of Commerce shall be sent to the other party not later than 15 days after its occurrence.
5. Claims: Should the quality, specifications, quantity, weight and packing be found not in conformity with the stipulations of this Contract, the Buyer shall give a notice of claims to the Seller and shall have the right to lodge claims against the Seller within 30 days from the date of the completion of unloading of the goods at the port of destination, while the damage shall be responsible by Seller after investigating.
6. Penalty: Should the Buyer fail to arrange the payment, as stipulated in clause of this Contract, the Buyer shall pay 15% of the undelivered value of this Contract to the Seller as the penalty and the Seller shall have the right to cancel this Contract and resell the goods to any third party.
7. Arbitration: All disputes arising out of or in connection with this Contract shall be referred to and finally resolved by arbitration in Shenzhen International Economy and Trade Arbitration Commission in accordance with its Arbitration Rules. The award of the arbitration shall be final and binding upon both parties undersigned.
8. Application of laws: The Laws of People’s Republic of China
9. Price terms: This contract is governed by INCOTERMS 2020.
On behalf of seller
The seller’s signature:
On behalf of buyer
The buyer’s signature: