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1、SALES CONTRACTNo:Date:For Account of:Indent No:This contract is made by andbetweentheSellersandtheBuyers; Whereby the Sellers agree to sell and the Buyers agree to buy the undermentioned goods according tothetermsandconditionsstipulated below and overleaf:（1）Names of commodity（ies）and specification（
2、s）（2）Quantity（3）Unit price（4）AmountTOTAL:_ % more or less allowed（5）Packing:（6）Port of Loading:（7）Port of Destination:（8）Shipping Marks:（9）Time of Shipment: Within _ daysafterreceipt of L/C，allowing transhipment and partial shipment.（10）Terms of Payment:By 100% Confirmed，Irrevocable and Sight Letter
3、 ofCredittoremain valid for negotiation in China until the 15th day after shipment.（11）Insurance:Covers all risks and war risks only as per the Clauses of the Peoples Insurance Company of China for 110% of the invoice value.To be effected by the Buyer.（12）The Buyer shall establish the covering Lette
4、r ofCredit before _ ; failing which，the Seller reserves the right to rescindthis Sales Contract without further notice，or to accept whole or anypartof this Sales Contract，non-fulfilled by the Buyer， oftolodgeclaimfor direct losses sustained，if any（13）Documents: The Sellers shall present tothenegotia
5、ting bank，Clean On Board Bill of Lading，Invoice，Quality Certificate issued by the China Commodity Inspection Bureau or the Manufacturers，Survey Reporton Quantity/Weight issued by theChinaCommodityInspectionBureau，and Transferable Insurance policy or Insurance Certificate when thiscontract is made on
6、 CIF basis.（14） For this contract signed on CIF basis， the premium should be 110% of invoice value. Allrisksinsuredshouldbe included withinthis contract. If the Buyer asks to increase the insurance premium or scopeof risks，he should get the permission of the Seller before time of loading，and all the
7、 charges thus incurred should be borne by the Buyer.（15）Quality/Quantity Discrepancy; Incaseofqualitydiscrepancy，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 a
8、fter the arrivalofthegoodsat port of destination. It is understood that the Seller shall not be liable for any discrepancy of the goods shippedduetocausesforwhichthe Insurance Company，Shipping Company，other transportationorganizations and/or Post Office are liable.（16）The Seller shall not be held li
9、ableforfailureordelayin delivery of the entire lot or a portion of the goodsunderthisSales Contract in consequence of any Force Majeure incidents.（17）Arbitration:All disputes in connection with this contract or the execution thereof shall be settled friendly through negotiations. In case no settleme
10、nt can be reached， the case may thenbesubmittedforarbitrationtoChina International Economic And Trade Arbitration Commission in accordance with the provisional Rules of Procedures promulgated by thesaidArbitration Commission. The arbitration shall take place in Beijing andthedecision of the Arbitrat
11、ion Commission shall be final and binding upon both parties; neither party shall seek recoursetoalawcourt nor other authorities to appeal for revision of the decision. Arbitration fee shall be borne by the losing party. Or arbitration may be settled inthethird country mutually agreed upon by both parties.（18）The Buyer is requested always to quote THE NUMBER OF THE SALES CONTRACT in the Letter of Credit to be opened in favor of the Seller.（19） Other Conditions:Seller: Buyer:
