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COMPENSATION TRADE CONTRACT

发布时间:2024-08-28 18:27:56

  contractno.:__________
dateofsigning:_________
placeofsigning:_______
thetwoparties:
partya:________________________________
address:________________________________
tel:_________________fax:_______________
e-mail:_________________________________
partyb:________________________________
address:_______________________________
tel:_________________fax:________________
e-mail:_________________________________
witnesseth
whereaspartybhasmachinesandequipment,whicharenowusedinpartyb"smanufacturingof_______,andiswillingtoselltopartyathemachinesandequipment;and
whereaspartybagreestobuytheproducts,_______,madebypartyausingthemachinesandequipmentpartybsupplies,incompensationforthepriceofthemachinesandequipment,and
whereaspartyaagreestopurchasefrompartybthemachinesandequipment,and
whereaspartyaagreestoselltopartybtheproducts,_______,incompensationofthepriceofpartyb"smachinesandequipment;nowtherefore,inconsiderationofthepremisesandcovenantsdescribedhereinafter,partyaandpartybagreeafollows:

article1transactions
a)partybagreestoprovidepartyawith_________machinestobeusedinproduction,theirauxiliarymachinery,,names,specifications,quantity,prices,packing,delivery,-importagreementtobeconcludedbyandbetweenbothpartieswhichshallserveasancomponentparthereof.
b)thetotalvalueofthemachines,auxiliaryequipment,/orothergoods,orwith(designatename)productsmadein(nameoftheplant)(s),quantity,price,delivery,-importagreementandcompensation-goods-supplyagreementaforesaidmaybemergedasonecalledsalesagreementoncompensationtrade(seeappendix).

article2payment
bothpartiesagreetoopenlettersofcreditinfavorofeachother,.partyawillopen,atregularintervals,longtermlettersofcreditinfavorofpartybtopaybyinstallmentsthetotalcostofthemachinesandauxiliaryequipmentprovidedbypartyb;-termlettersofcreditopenedbypartya,thedifferenceshallbemadeupbypartybbypayingthatmuchtopartyainadvance,beforethelong-termlettersofcreditaredue,-termlettersofcreditopenedbypartyaisbasedonpartyb",partybwarrants,guaranteesandcovenantsthatitwillopenthelettersofcreditandpaytheadvanceasprovidedherein.

article3reimbursement
partyashallreimbursepartybforallthemachinesandauxiliaryequipmentsuppliedbypartybbydeliveringgoodstopartybonamonthlybasisandthereimbursementwilllastfor___year(s)and____months(s).thereimbursementshallstartapproximately____month(s)afterthefirstdeliveryofthemachinesand,inprinciple,(s)noticetopartyb,partyamayreimbursepartybinadvance.
withinthereimbursementperiod,partybshall,undertheprovisionsoftheadditionalsalesagreementaforesaid,open,sight,irrevocable,divisibleandassignablelettersofcredit,coveringthefullamount,infavorofpartya.

article4standardmoneyandpricestandard
thestandardmoneyforthistransactionis(nameofcurrency).allthemachinery,auxiliaryequipmentandmeasuringandtestinginstruments,(nameofcurrency),whilethegoodsprovidedbypartyatopartybasreimbursementshallbevaluedwiththebasisprice(nameofcurrency)ofthesamegoodsexportedbypartyaatthetimewhenthisagreementisenteredinto,andthetotalprice(nameofcurrency)shallbechangedintothatof(nameofcurrency)inaccordancewiththeexchangeratethen.

article5intrerest
%.

article6technicalservice
themachinery,afterarrivalatitsdestination,shallbeinstalledbypartya,partybshalldispatchitstechnicianstorenderspotinstructionsandothernecessarytechnicalassistanceduringtheinstallationofthemainmachines,asmayberequestedbypartyaincaseofnecessity,partybshallbeliableforthelossesresultedinsuchacourseofinstallationfromtechnicaldefaultonitspart.

article7additionalequipment
duringtheenforcementofthisagreement,ifitisfoundnecessarythat,inadditiontothemachineryandequipmentlistedherein,somenewaccessoriesormeasuringandtestinginstrumentsareneededforcompletionoftheproject,(an)additionalorder(s).

article8insurance
themachineryandauxiliaryequipment,aftershipment,,thereafter,theunforeseeablelossesconcerningthemachineryandauxiliaryequipmentshallbeindemnifiedforfirstbytheinsurancecompanytopartyb,thenpartybshallremitforpartya,inproportion,thesumalreadypaidbypartyaforthemachineryorequipmentinvolvedinthecontingency.

article9liabilityforbreachofagreement
partybshall,ifitfailstocomplywiththisagreementtomakepurchaseofthegoodsdeliveredbypartyaasreimbursement,orpartyashall,ifitfailstocomplywiththisagreementtodeliverthegoodsitisduetoprovide,bedeemedliableforabreachofagreementandshallcompensatethenon-breachingpartyforthelosscausedthereuponandshallpaythenon-breachingpartyafineaccountingfor%ofthetotalvalueofthegoodsinquestion.

article10performanceguarantee
toguaranteetheimplementationofthisagreement,,______,whiletheguaranteeingbankofpartybis______bank,______.

article11amendmnet
themodificationofthisagreementinparticularcasesshallbeagreeduponbybothpartiesthroughnegotiations.

article12forcemajeure
incasethatoneorbothpartiesareimpossibletoperformthedutiesprovidedhereinonaccountofforcemajeure,theparty(orparties)incontingencyshallinformtheotherparty(oreachother)ofthecaseimmediatelyandmay,providedthecaseisdulyverifiedbythecompetentauthorities,delayinperformanceofornotperformtherelevantdutieshereunderthebepartiallyorentirelyexemptedfromtheliabilityforbreachofthisagreement.

article13arbitration
anydisputearisingfromorinconnectionwiththiscontractshallbesubmittedtochinainternationaleconomicandtradearbitrationcommission,shenzhencommissionforarbitrationwhichshallbeconductedinaccordancewiththecommission".
notwithstandinganyreferencetoarbitration,bothpartiesshallcontinuetoperformtheirrespectiveobligationsunderthecontractunlessotherwiseagreed.

articlelanguageandeffectivedate

therearetwooriginalshereofmaderespectivelyinchineseand______,bothofwhichareofthesameeffect.
,thepartiesmay,iftheychoose,extendthetermhereoffor_____yearsorexecuteanewcooperationagreement,providedtheyapplytoandapprovedbytheauthorityagenciesconcerned.

partyapartyb

  representativeof___representativeof____

  (authorizedsignature)___(authorizedsignature) 




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