export seafood to eu fca lc

Export seafood to EU . SHRIMP SALES CONTRACT No: 232019FTUGDTMQT Ho Chi Minh, November 27th, 2019 This contract is signed between: PARTY A: Minh P Seafood Corporation Address: Ward 8 Industrial Zone, C Mau City Province, Vietnam. Telephone: (+84) 2903839391 Fax: (+84) 2903668795 Email: minhphuminhphu.com (Hereinafter referred to as “SELLER”)

SHRIMP S ALES C O N T RAC T No: 23/2019/FTU-GDTMQT Ho Chi Minh, November 27 t h , 2019 This contract is signed between: PA RT Y A: Minh Phu Seafood Corporation Address : Ward Industrial Zone, Ca Mau City - Province, Vietnam Telephone : (+84) 290-383-9391 Fax : (+84) 290-366-8795 Email : minhphu@minhphu.com Represented by : Mr Lê Văn Quang (Hereinafter referred to as “ SELLER ”) Position: President and PA RT Y B: Parlevliet En Van Der Plas Haringhandel Besloten Vennootschap Address : Voorschoterweg 31, 2235 SE Valkenburg, Netherlands Telephone : (+31) 71 789 00 00 Email : receptie@pp-group.eu Represented by : Mr F van der Position: General Manager Plas (Hereinafter referred to as “ BUYER ”) Whereas: The SELLER and BUYER both declare an interest in the sale and purchase of goods, each with full corporate authority, certifies, represents and warrants that each can fulfill the requirements of this agreement and respectively provide the products and funds referred to herein, in time and under the terms agreed as follows: A RT I C L E S C O P E O F SUPPLY Headless shell-on black tiger shrimp (Penaeus monodon), 20 percent graze, IQF A RT I C L E Q U A L I T Y All shrimps delivered to the Buyer under this Contract shall be fully complied with TCVN 4381:2009 dated December 31, 2009 of the Ministry of Science and Technology on headless shell-on frozen shrimp Moreover, shrimp shall meet these following requirements: Asen: 2mg/kg max, Lead: 0.5mg/kg max, Cadimi: 0.5mg/kg max, Mercury: 0.5mg/kg max Any shrimps uncomplying with principles above shall not be delivered to BUYER under this Contract unless there are mutually agreements in writing form before delivery A RT I C L E Q U A NT IT Y Unit price Size FCA CAT LAI PORT Quantity Amount (Incoterms 2010) (USD/MT) 21/25 13,300.00 1.25 16,625.00 26/30 12,250.00 1.5 18,375.00 2.75 35,000.00 Total Amount in words: Thirty five thousand UL Dollars A RT I C L E L A N G U AG E O F C O N T RAC T If a contract is drawn up in more than two language versions, these versions are equally authoritative, and there is a discrepancy between the versions, the contract should be interpreted according to the English version A RT I C L E PAY M E N T T E RMS Payment currency: US Dollar Method of payment : By irrevocable deferred L/C payment in United States Dollar, opened at ING bank N.V-Netherlands in favor of the seller for the total value of the goods to be shipped, and advises the seller through DongA Joint Stock Commercial Bank Bank information: Issuing bank Jadl dage : ING bank N.V A``ress: Amsterdamse Poort Bijlmerplein 888 1102 MG Amsterdam, The Netherlands Rhstac a``ress: P.O Box 1800 1000 BV Amsterdam The Netherlands [wiit kh`e: INGBNL2A Advised by: Jadl dage : DongA Joint Stock Commercial Bank (DongA Bank) A``ress: 06-07 Su Van Hanh, Ward 7, Ca Mau City - Province, Vietnam [wiit kh`e: EACBVNVX Beneficiary : Minh Phu Seafood Corporation A``ress: Ward Industrial Zone, Ca Mau City - Province, Vietnam A RT I C L E REQUIRED SHIPPING DOC UMENTS L/C shall reach the seller no later than 15 days before the expected day of shipment and be valid for 60 days since opened The LC shall be available for payment upon the presentation of the following documents: Bill of Lading (2 originals + copy) Sales Contract (1 copy) Signed Commercial Invoice (2 originals + 1copy) Packing List (1 originals + copy) Certificate of Origin by Vietnam Chamber of Commerce and Industry (VCCI) (2 originals + 1copy), Inspection Company in Vietnam (1 original + copies) Non-radioactive certificate (1 copy) Product certificate (2 originals + copy) Export license (1 copy) 10 Original Certificate of Analysis for each batch (2 originals + copy) All the banking fees, including bank commission charges and other charges associated with the issuing bank shall be on the BUYER's account All the banking fees, including bank commission charges and other charges associated with the advising bank shall be on the SELLER's account A RT I C L E M A R K I N G AND PAC KAG I N G : The product shall be put in standard export bags Product Name Materia l Siz e Thicknes s Colo r Printing Custom printed laminated frozen food poly bag for seafood packaging OPP+PE, PET+PE, PA+PE 26x30cm (customized) 80mic (customized) Transparent CMYK, 1-8 colors gravure printing and vivid printing Food grade, eco-friendly Featur e Moisture-proof, damp-proof, freshness preservation Vacuum available A RT I C L E L A B E L L I N G SPEC IFICATIO NS F O R SHRIMPS: The labels of products subject to harmonised marketing standards established by regulation (EC) 2406/96 (OJ L-334 23/12/1996) should include the following details: Country of origin (in Roman letter at least 20 mm high) Scientific name and trade name Presentation, freshness and size categories (these standards shall be clearly and indelible marked, in characters of at least 5cm high) Net weight in kilograms Gross weight Date of grading and date of dispatch Name and address of consignor The information provided by labels shall be easy to understand, easily visible, clearly legible and shall appear in the official language(s) of the member state where the product is marketed A RT I C L E SHIPMENT Delivery of goods shall be performed under FCA Incoterms @ 2010 rules • Place of SEAFOOD loading: at the seller's premise, MINH PHU CORPORATION, Industrial Zone, Ward 8, Ca Mau City, Ca Mau Province, Vietnam Port of loading : Cat Lai Port, Ho Chi Minh City, Vietnam Port of discharge : Amsterdam Port, Amsterdam City, the Netherlands Time of shipment : 20-25 days after L/C opening date • T H C at the port of loading and discharge to be the Buyer's account • Demurrage : if any, to be at the buyer's account • The seller shall load goods on board of the vehicle provided by the Buyer within days right after the Buyer sends the vehicle to the Seller's premise Partial shipment : not allowed Transshipment : not allowed • Delivery condition: goods are transported by specialized export bags without any attachment from external conditions Also, products shall be stored in the containers at a temperature of -18º C or lower, for the period of not over months A RT I C L E 10 WA R RA N T Y The seller shall be liable for warranty for the product of this contract within (three) months from the day of packaging This warranty shall not be applied to: (i) The product damaged or spoiled during its stay on the carriage (both vessels and containers) (ii) The product damaged or spoiled due to the buyer's inability to conduct proper preservation techniques, which is faxed and emailed to the buyer on right after L/C opening date A RT I C L E 11 C O M P L A INT Any complaint about quality of the products shall be made by Fax immediately after vessel received at the destination airport or shall be confirmed in written form and sent to the seller within 20 days after such discharge Upon this time, the seller will be free from complaint Within 10 days since receiving the buyer's complaints, the seller shall send his or her representative of the company for counter inspection If the goods are not up to the stipulated in the contract, the seller is liable for replacing new goods compatible with the contract If the seller fails to so in these time, the buyer is allowed to have Vinacontrol inspect The result given by Vinacontrol is final and binding both sides A RT I C L E 12 F O RC E MAOEURE Under unavoidable circumstances preventing the Buyer and / or Seller from fulfilling their commitment to this contract, one party facing force majeure case should inform the other by fax within days at the latest A Certificate of Force majeure issued by Competency Authorities must be sent to the other party within 15 days from the day when the incident happened Beyond this stipulated period, this force shall not be taken into consideration A RT I C L E 13 P E N A LT Y If either the Seller or the Buyer wanted to cancel the contract, 10% (ten percent) of the total contract value based on that sight unit price would be charged as a penalty to that party Payment of such claim will be made within 30 days from receiving the partner's claim letter In case of delayed shipment/delayed payment, a penalty of 1% (one percent) of invoice value per days of delay but not exceed 5% (five percent) of the total invoice value will be applied A RT I C L E 14 A P P L I C A B L E L AW This contract and all questions relating to its formation, validity, interpretation or performance shall be governed by the Law of Contract in Singapore A RT I C L E 15 ARB IT RAT IO N All disputes arising out or in connection with the execution of this contract, both contracting parties shall settle them amicably by mutual consultation in good faith in the spirit of cooperation lf an amicable settlement cannot be reached between the two parties, our obligations, if any, under this document shall be governed by, and construed in according with the Arbitration Rules of Singaporean International Arbitration Centre (SIAC) at Singapore International Chamber of Commerce (SICC) The losing party shall cover the fees for the arbitration and/or other charges unless otherwise, agreed A RT I C L E 16 O T H E R CONDITIONS: 1.Tax, levies on cargo at the port of loading is charged for the Seller's account Any tax, levies outside Vietnam shall be charged for the Buyer's account Import license for Buyer's account and risk Any consequences, cost, expense, damage, demurrage etc sustained by the Buyer due to delay or failure by the Buyer to obtain import license shall be for the Buyer's account 2.This contract consist of pages and shall come into force and binding for both the Seller and the Buyer after being signed legally by both parties The contract signed through fax or email is not to be acceptable 3.Any amendment or supplement to this contract shall be valid if they are in writing and signed legally by both contracting parties 4.Any other terms and conditions which are not mentioned in this contract will be applied to the INCOTERMS - Edition 2010 th 5.This Contract is made in Ho Chi Minh on November 27 , 2019 in 04 (Four) originals, 02 originals for the Seller (including Vietnamese version and English version) and 02 originals for the Buyer (including Vietnamese version and English version) FOR AND ON BEHALF OF THE SELLER BUYER : Parlevliet En Van Der Plas Haringhandel Besloten Vennootschap FOR AND ON BEHALF OF THE BUYER S E L L E R: Minh Phu Seafood Corporation ... standard export bags Product Name Materia l Siz e Thicknes s Colo r Printing Custom printed laminated frozen food poly bag for seafood packaging OPP+PE, PET+PE, PA+PE 26x30cm (customized) 80mic (customized)... ING bank N.V-Netherlands in favor of the seller for the total value of the goods to be shipped, and advises the seller through DongA Joint Stock Commercial Bank Bank information: Issuing bank Jadl... not be applied to: (i) The product damaged or spoiled during its stay on the carriage (both vessels and containers) (ii) The product damaged or spoiled due to the buyer's inability to conduct proper