skip to main | skip to sidebar SOONO Export, Import, Purchaing&Offer Agency, Trade Korea You can ask me how to import and Export from Korea. If you are looking for something, please contact me. Maybe I can help you to find what you are looking for. Sunday, September 2, 2007 EXPORT SALES CONTRACT The following is just a sample of export sales contract that we generally use and sign up with mutaul agreement before each deal. All terms and conditions can be amended, added, deleted or negotiated with mutual agreement for mutal benefits. EXPORT SALES CONTRACT No : XX-XX-XXXX Date : January __, 200X THE SELLER : SOONO COMMERCE COMPANY Samjun-Dong, Songpa-Gu, Seoul, Korea Tel: 82-19-9213-xxxx Fax: 82-2-417-xxxx A/C no. XXX-XXXX-XXX, XXX Bank � Seocho Branch. Representative: Mr. Sung THE BUYER: YOUR COMPANY NAME YOUR COMPANY ADDRESS Tel: XX-XX-XXX-XXXX Fax: XX-XX-XXX-XXXX A/C No. XXXX, YOUR BANK INFORMATION IN HERE Representative: Mr/Mrs. _______ � CEO/Director This export sales contract is made out by and between the seller and the buyer hereby the seller agrees to sell and the buyer agrees to buy the under-mentioned goods subject to terms and conditions as follows: 1. COMMODITY AND SPECIFICATION: PRODUCT DESCRIPTION PACKING QUANTITY UNITPRICE AMOUNT(USD) PRODUCT NAME 1 xxxx xxx ea USDx.xx/box USDxx,xx.xx PRODUCT NAME 2 USDx.xx/box USDxx,xxx.xx TOTAL T/T OR C&F OR CIF BY SEA XXXXPORT(INCOTERMS 1990) USD85,576.60 Saying: U.S. Dollars Eighty Five Thousand Five Hundred and Seventy Six and Sixty Cents Only. 2. ORIGIN: Korea 3. QUALITY OF PRODUCTS: Fresh product (not over __months from the manufacturing date till B/L Date) in conformity with the standard already registered with FDA or YOUR COUNTRY REGULATIONS. Expiry date shall not be earlier than ___years from manufacturing date. The Manufacturer should be responsible for the quality of the above-mentioned products till expiry date. These products should be stable in quality and does not change in appearance in humidity and high temperature. THE TERM OF QUALITY MUST BE DESCRIBED IN L/C. 4. SHIPMENT: Two shipments as follows: ? 1st shipment: Not later than 45 days after the signing date of contract. ? 2nd shipment: Not earlier than 45 days but not later than 60 days after the first B/L date. Within 45 days after receiving original L/C or T/T in advance or Purchase Order from the Buyer.
* Destination : xxxx Port, YOUR COUNTRY. * Shipment : Any port in Korea. * Payment: Irrevocable L/C At Sight or T/T in Advance * Partial shipment : Allowed * Transhipment : Allowed * Notice of shipment: Within 7 days after the departure date of carrying vessel, the seller will notify by Fax/Telex to Buyer following shipping particular:- Name of nationality ship, ETD, ETA, B/L, Commercial invoice, Packing List. 5. PACKING: Export standard packing. In all the packages, there is Name of Manufacturer, Mfg. Date, Exp. Date in English. PACKING MUST BE DESCRIBED IN THE L/C or P/O. 6. SHIPPING MARK: RECEIVER'S ADDRESS IN DETAIL, name of product, name of manufacturer, Lot. No., manufacture date, expiry date, origin, weight (net, gross). 7. PAYMENT TERMS: 100% of each shipment value(USDXX,XXX.XX) shall be settled through the Bank in KOREA by Irrevocable L/C at sight in favor of SOONO COMMERCE COMPANY, Seoul, Korea Advising Bank: OUR BANK INFORMATION IN HERE. Seoul, Korea. Swift code: XXXXXXXX Account No: XXX-XXXXX-XXX 8. DOCUMENTS FOR CLEARING GOODS AND SETTLING THE PAYMENT: - Full set (3/3) of Original Clean on Board Bill of lading issued marked freight prepaid. - Detailed Packing List in triplicate. - Signed commercial invoice in triplicate. - Certificate of insurance in triplicate. - Certificate of origin issued by Korea Chamber Of Commerce and Industry in triplicate. - 3 originals of analytical report issued by manufacturer for the lot concerned. 9. INSURANCE: Covered by the manufacturer for 110% invoice value in case of CIF. 10. PENALTY: In case of delay payment BY THE bUYER / Shipment BY THE SELLER, the penalty for delay interest will be based on annual rate of __% OF INVOICED VALUE. 11. INSPECTION: The buyer shall be entitled to have the goods inspected by XXX REGUALTIONS within one month from the arrival date. If any discrepancy arises over quality or quantity or packing conditions, the buyer shall inform the manufacturer by fax to that effect and lodge formal claim with supporting documents. Any such claim shall be settled by the manufacturer upon receipt of the formal claim from the buyer. 12. ARBITRATION: In the course of executing this contract, all disputes not resolved by amicable agreement shall be settled by Korea International Arbitration Center of _____ whose awards shall be final and binding to both parties. The arbitration fee and other charges shall be borne by the losing party, unless otherwise agreed. 13. INCOTERM : Unless otherwise specified herein, incoterm 1990 plus subsequent amendments to apply.
14. OTHER CLAUSES:-MORE TERMS AND CONDITIONS FROM THE BUYER OR SELLER CAN BE ADDED IN THIS SECTION. * Third party shipping documents are acceptable. * This contract is made into 2 copies in English. Each party holds 1 copies. * This contract comes into force from the date of signing. * Any change of the contract shall be made in written form and be subject to both parties' agreement. * Due to the manufacturing Lot requirements, the minimum order quantity for each items must be consulted with us. * Singed Purchase Order or original L/C at Sight or Export Sales Contract must be provided. * 10 percent more or less in quantity and amount acceptable. * Payment: In case of L/C At Sight, all banking charges outside Korea are for account of the Buyer. In case of delay payment by the Buyer or Issuing Bank, more than 10(ten) 10(ten) banking days days after beneficiary beneficiary �s negotiation, negotiation, the delay delay interest interest will be at the Buy Buyer er �s accoun account. t. * In case of CIF OR CNF, due to the fluctuation of shipping cost and money exchange rate, the offered price can be reviewed accordingly.(Quaterly price review must be.) * In case of CIF or CNF, all parties have to discuss and agree about the shipping cost amd shipping company as well as payment method and so on. * All terms and conditions as well as the price can be negotiable in terms of the benefits of each party. * You/We can add more terms and conditions in here with mutual agreement. FOR THE BUYER FOR THE SELLER Posted by Brandon at 5:26 PM
3 comments: barb michelen said... Hello I just entered before I have to leave to the airport, it's been very nice to meet you, if you want here is the site I told you about where I type some stuff and make good money (I work from home): here it is December 27, 2007 CresceNet said... Gostei muito desse post e seu blog � muito interessante, vou passar por aqui sempre sempre =) Depois Depois d � uma passada passada l � no meu site, site, que � sobre sobre o CresceN CresceNet, et, espero espero que goste. goste. O endere endere �o dele dele � http://w http://www.p ww.prove rovedorc dorcres rescene cenet.c t.com om . Um abra abra �o. January 07, 2008
Wireless said... Hello. This post is likeable, and your blog is very interesting, congratulations :-). I will add in my blogroll =). If possible gives a last there on my blog, it is about the Wireless, I hope you enjoy. The address is http://wirelessbrasil.blogspot.com. A hug. March 31, 2008 Post a Comment Links to this post Create a Link Older Post Home Subscribe to: Post Comments (Atom) About Me Brandon Seoul, South Korea If you are looking for specific items or products, maybe I can help. View my complete profile Ad Sense Favorites Wikipedia Labels About Me (1) Products (6) Story and Interjection (1) Terms and Conditons (5) Blog Archive Blog Archive Sep 2007 (1) Aug 2007 (1) Jul 2007 (1) Jun 2007 (10) Search Enter your search terms Web www.naver.com Submit search form Referrals DISCLAIMER DISCLAIMER : Any copyrighted contents, pictures, news and media in thisBLOG were used without permission for introductionary purposes only.
