YACHT BUILD AGREEMENT（游艇建造协议）

YACHTBUILDAGREEMENT（游艇建造协议）DATED：______________________between______‘sYachtCompanyLimited，HongKong.（Hereinafterreferredtoas“theBuilder”）andBBBCC，Vietnam，（Hereinafterreferredtoas“theBuyer”）WHEREAS：1）TheBuyerwishestoacquireaAAA‘sCape65TrawlerYacht（theyacht）designedbyThanosCondylis，andbuilttotheBuyer’sstatedrequirementsandspecification，andtheBuilderhasthecapability，knowledgeandskillstobuildandsupplythesame.2）TheBuilderhasagreedtoconstruct，equip，fit-out，testanddelivertheYachttotheBuyer‘sstatedrequirementsandspecification，whichtheBuyerhasagreedtoacceptuponthetermsandconditionshereinafterspecified：NowthereforethePartiesheretohaveagreedanddoherebyagreeasfollows：ARTICLEI-INTERPRETATION1）InthisContractthefollowingwordsandexpressionsshallhavethemeaningherebyascribedtothem，exceptwherethecontextotherwiseadmitsorrequires：“BankingDays”ShallmeandaysuponwhichHongKongclearingbanksarecustomarilyopenforbusiness.“theBuilder‘sClarifications”ShallmeanthedocumentssoentitledformingpartofthisContractandsetoutasAnnexeshereto；（SeealsoItem（2）ofthisArticle.）“Buyer‘sRepresentative（s）”ShallmeansuchpersonsnotifiedfromtimetotimebytheBuyerashavingauthoritytoactfortheBuyer，theextentofsuchauthoritybeingsetoutinthenotice；“ItemsofBuyer‘ssupply”ShallmeananyitemofequipmentandstoresfortheYachtorderedbytheBuyerdirectfromthemanufacturerorthesupplier，forincorporationintheYachtbytheBuilder；“ItemsofBuilder‘ssupply”ShallmeananyitemofequipmentandstoresfortheYachtorderedbytheBuilderdirectfromthemanufacturerorthesupplier，forincorporationintheYacht；“theCertifying/SurveyBody”Shallmeanthebodyresponsibleforthesurveyandcertificationoftheyachttotherequirementsofthebuyer.“theContract”Shallmean（a）thisContract，and（b）theattachedAnnexesandschedulemoreparticularlydescribedbelow.“theContractDeliveryDate”Shallmeannolaterthan________；“theContractMasterProgramme”ShallmeantheprogrammeforconstructionoftheYacht，setoutinAnnexD；“theContractPrice”ShallmeanthepricestipulatedinArticleVfortheYacht，YardNumber005；“theYacht”ShallmeantheyachtthesubjectofthisContractandgenerallyasdescribedinArticleII，withallthemachinery，apparatus，outfit，materials，andequipmentappurtenantthereto，butexcludingtheitemsofBuyer‘ssupply.“theBoatyard”ShallmeanAAA‘sYachtCompany，Xinhui，China.“theDesignSpecifications”Shallmeanthespecifications，designs，plansanddrawings，setoutinScheduleA，preparedandsignedbytheBuyer，identifiedasformingpartofthisContract，andincludingsuchrevisedorsupplementalspecifications，plansanddrawingsasmaysubsequentlybeagreedbetweentheBuyerandtheBuilderPROVIDEDthat（i）inthecaseofanyinconsistencybetweenanyArticleorparagraphofthisContractandtheDesignSpecifications，thisContractshallprevail，（ii）inthecaseofanyinconsistencybetweentheDesignSpecificationsandaplanordrawing，theDesignSpecificationshallprevail，and（iii）inthecaseofanyinconsistencybetweenoneplanordrawingandanotherplanordrawing，thelaterindateshallprevail；'ScheduleA'Shallmeantheagreedscheduleofdrawings“AnnexA”Shallmeanthelistofmaterials，componentsandequipmentdefiningacompletedyacht；'AnnexB'Shallmeantheagreedweldqualityprocedures“AnnexC”ShallmeantheagreedShotBlasting，Fairing，PaintingandfoamingSpecifications'AnnexD“Shallmeantheagreedproductionschedulemasterprogram.“Specified”ShallmeanstipulatedinthespecificationsandAnnexA；“Supplier”Shallmeananyperson，firmorcompany，whichhasenteredintoacontractwiththeBuilderforthesupplyofmaterials，machinery，servicesorequipment（otherthanitemsofBuyer‘ssupply）fortheyacht；TheIndex，Articleandparagraphheadings，areinsertedforconvenienceonlyandshallnotaffecttheconstructionofthisContract.Wordsimportingthesingularshallincludethepluralandviceversa.2）ListofBuilder‘sclarifications，notcoveredinAnnexAdocument：“CradlesforTransport”ThesupplyofaCradleforshipmentisexcludedfromthisContract.“Dressing/SteppingtheMast”ThedressingandsteppingofmastfortheYachtisincludedintheBuilder‘ssupply.“Storage”TheBuilderwillarrangesecurestorageashorefortheYachtattheBoatyardbetweencompletionofbuildandhandoveratdelivery.“Fabrication”TheBuilderwillsupplysteelinpre-cutformwithatestcertificateinaccordancewiththebuilder‘sproductionandqualityplan.“Welding”TheContractisbasedonNDT（nondestructivetesting）beingconductedtothestandardsrequiredbyDetNorskeVeritasclassRulesforyachtandSmallCraft，including100%visualexamination.Radiographywillbecompletedwhereappropriate，attheBuilder‘scost.AllweldingwillbecarriedoutinaccordancewiththequalityplanandISOweldproceduresapprovedbythebuyer‘srepresentativeandwillbeingeneralaccordancewithDetNorskeVeritasrequirements.“ShotBlasting”ShotBlastingoftheYachtwillbeinaccordancewiththeagreedspecificationattachedinAnnexC.“Insulation”TheinsulationoftheYachtwillbeinaccordancewiththeagreedspecificationattachedinAnnexC.“FairingandPainting”ThefairingandpaintingoftheYachtwillbeinaccordancewiththeCoatingsSpecificationattachedinAnnexC.“Equipment”TheresponsibilityforthesupplyofmaterialsandequipmentwillbeasdefinedandagreedintheComponentsList（AnnexA）fortheYacht.“QualityPlanDocumentation”AnagreedqualityplanwillbeissuedcoveringallaspectsoftheYacht‘sconstruct