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CONTRACTContractNo:SigningDate:TheBuyer:Address:TelTheSeller:Address:TEL:ThisContract,madeoutbyandbetweentheBuyerandtheSeller,wherebytheBuyeragreetobuyandtheSelleragreetoselltheunder-mentionedcommodityaccordingtothetermsandconditionsstipulatedbelow.(Accordingtothepracticalpriceofinvoice)ITEMCommodity,SpecificationsUnitQuan.UnitPrice(USD)Amount(USD)1TotalValue()TOTALVALUE:C.I.F.SHENZHEN,CHINASAYUSDFIFTYONETHOUSANDFOURHUNDREDANDNINETYONLY.2.COUNTRYOFORIGINANDMANUFACTURER:JAPAN.3.PACKING:TobepackedbynewcartoncasessuitableforlongdistanceLandtransportationandwellprotectedagainstdampness,moisture,shocks,rust.TheSellershallbeliableforanydamageofthecommodityandexpensesincurredonaccountofimproperpackingandforanyrustdamageattributabletoinadequateorimproperprotectivemeasurestakenbythesellersinregardtothepacking.4.SHIPPINGMARK:TheSellershallmarkoneachpackagewithfacelesspaintthepackagenumber,grossweight,netweight,measurementandthewordings:RIGHTSIDEUP,HANDLEWITHCARE,KEEPAWAYFROMMOISTUE,andtheshippingmark.5.TIMEOFTRANSPORTATION:BEFOREJUL.30,2005.20057306.PLACEOFTRANSPORTATION:HONGKONG.7.PLACEOFDESTINATION:SHENZHEN,CHINA.8.INSURANCE:TobecoveredbytheSellerfor110%(onehundredandtenpercent)oftotalcontractvalueagainstALLRisks.110%9.PAYMENT:ByT/T.ThepaymentshallbeeffectedafterreceiptthecontractgoodsandthedocumentstipulatedinClause10.10.DOCUMENTFORPAYMENT:ThesellershallpresentfollowingdocumentstoBuyertoeffectthepayment.1)TwocopiesofCommercialInvoice,2)TwocopiesofPackingList,3)ThreecopiesofCertificatesofQualityissuedbymanufacturer4)Therelevantinsurancepolicywhichbecovered110%ofthetotalcontractvalueagainstALLRisks.Incaseofbyseatransportation,thesellershallsendsimultaneouslywithshipmentonecopyeachoftheabovementioneddocumentstoLEGENDIMPORT&EXPORTCO.LTD.attheportofdestination,andifbyairtransportation,theSellershallfaxtheabovementioneddocumentstotheBuyerwithin12hoursaftershipment.1234)110%1211.DATEOFSHIPPING:ThedateofBillofLadingshallberegardedastheactualdateofshipment.12.GUARANTEEOFQUALITY:TheSellerguaranteethatthecommodityhereofismadeofthebestmaterialswithfirstclassworkmanshipbrandnewandunused,andcompliesinallrespectswiththequalityandspecificationsstipulatedinthisContract.Theguaranteeperiodshallbe36monthscountingfromthedateonwhichthecommodityarrivesattheportofdestination,and/orcountingfromthedateonwhichtheAcceptanceCertificatehasbeensignedbytherepresentativesofbothparties,iftheacceptanceofthecommoditycontractedarerequired.12363613.INSPECTION:(1)Shouldthequalityandspecificationsofthegoodsbenotinconformitywiththecontract,orshouldthegoodsprovedefectivewithintheguaranteeperiodstipulatedinClause13foranyreason,includinglatentdefectortheuseofunsuitablematerials,theBuyershallarrangeforasurveytobecarriedoutbythebureauandhavetherighttoclaimagainsttheSelleronthestrengthoftheSurveyReport.(1)1314.CLAIMS:IncasethattheSellerareliableforthediscrepanciesandaclaimismadebyBuyerwithinthetime-limitofinspectionandqualityguaranteeperiodasstipulatedinClause13and14ofthisContract,theSellershallsettletheclaimupontheagreementoftheBuyersinoneorthecombinationofthefollowingways:(1)AgreetotherejectionofthegoodsandrefundtotheBuyersthevalueofthegoodssorejectedinthesamecurrencyascontractedherein,andtobearalldirectlossesandexpensesinconnectiontherewithincludinginterestaccrued,bankingcharges,freight,insurancepremium,inspectioncharges,storage,stevedorechargesandallothernecessaryexpensesrequiredforthecustodyandprotectionoftherejectedgoods.(2)Devaluethegoodsaccordingtothedegreeofinferiority,extentofdamageandamountoflossessufferedbytheBuyers.(3)Replacethedefectivegoodswithnewoneswhichconformtothespecifications,quality,andperformanceasstipulatedinthisContract,andbearalltheexpensesanddirectlossessustainedbytheBuyers.TheSellershall,atthesametime,guaranteethequalityofreplacedgoodsasspecifiedinClause13ofthisContractcountingfromthedateonwhichthereplacedgoodsarriveattheportofdestination.TheclaimsmentionedaboveshallberegardedasbeingacceptediftheSellersfailtoreplywithin30daysafterreceivingtheBuyers'claim.1314(1)(2)(3)133015.FORCEMAJEURE:Thesellershallnotbeheldresponsibleforthedelayinshipmentornon-deliveryofthegoodsduetoForceMajeure,suchaswar,seriousfire,flood,typhoonandearthquake,orothereventsagreeduponbetweenbothparties,whichmightoccurduringtheprocessofmanufacturingorinthecourseofloadingortransit.TheSellershalladvisetheBuyerbycable/teleximmediatelyoftheoccurrencementionedaboveandwithinfourteendaysthereafter,shallsendbyairmailtotheBuyerfortheiracceptanceacertificateoftheaccidentissuedbytheCompetentGovernmentAuthorities,wheretheaccidentoccursasevidencethereof.UndersuchcircumstancestheSeller,however,arestillundertheobligationtotakeallnecessarymeasurestohastenthedeliveryofthegoods.14,,16.ARBITRATION:AlldisputesinconnectionwiththisContractortheexecutionthereofshallbestettedfriendlythroughnegotiations.Incasenosettlementcanbereached,thecasemaythenbesubmittedforarbitrationtoChinaInternationalEconomicandTradeArbitrationCommissioninaccordancewiththeRulesofArbitrationpromulgatedbythesaidArbit