SALE CONTRACT NO.23-2020/28.1/VCCG HoChiMinh City, November 29, 2020 I SELLER: HC Import & Export Co., Ltd (Party A) Address: No 15 D5 Street, Ward 15, Binh Thanh Dist, Ho Chi Minh City, Viet Nam Tel: +84 32 701 xxx Fax: +84 28 6296 xxxx Represented by: Hoang Minh - DIRECTOR BUYER: Insize Co., Ltd (Party B) Address: 80 Xiangyang Road, Suzhou New District, 215009 China Tel: 86-512-6809xxxx Fax: 86-512-680xxxx Represented by: Mary - DIRECTOR The two parties hereby have agreed to enter this contract covering the following terms and conditions: COMMODITY - QUANTITY - PRICE COMMODITIES II – – – – – – – – – QUANTITY (+/- 3%) UNIT PRICE AMOUNT KGS CIF CHINA (USD/KGS) (USD) FRESH DRAGON FRUIT 32,210.00 0.70 22,547.00 Total: 32,210.00 Say: US Dollars Twenty-two thousand five hundred fourty seven only Unit price above is understood to be CIF SHANGHAI, CHINA (according to Incoterms 2010) DELIVERY Term of delivery : CIF SHANGHAI port, China (Incoterms 2010) Partial shipment: Not Allowed Transshipment: Not Allowed Port of loading: Any port of VietNam Port of destination : Shanghai port, China Packing: Commodities are packed as buyer’s instruction Time of delivery: not later than January 31, 2020 In case of shipment delayed due to the fault of party A, all sea freight charged and order relevant fees will be settled by party A accordingly Invoice, packing list and B.L will be emailed to party B within 05 days after shipment The following original documents must be sent to the issuing bank of party B within 07 days after the B/L date 3/3 Original B/L 3/3 Signed, sealed, precise packing list 3/3 Commercial Invoice C/O An Insurance policy covering “all-risk” for 110% invoice value showing claim payable in Shanghai, China showing the name of vessel(s) and of port and stating policy is issued in duplicate Consignee on B/L to order of bank – 22,547.00 III – – IV – – – – –– –– –– – V – – VI – QUALITY OF COMMODITY In case, there are quality inferior or quality deficiencies, party A will be responsible for replacing them as expeditiously as possible after receiving the report made by party B within 10 days from the date of receiving goods If party A fails to so or delivers fresh dragon fruit lately, which influences to order’s Party B, Party A will be responsible for any loss occurred PAYMENT Payment will be made by L/C at sight Beneficiary name: HC Import & Export Co., Ltd Address: No 15 D5 Street, Ward 15, Binh Thanh Dist, Ho Chi Minh City, Viet Nam Beneficiary bank: Foreign Trade Bank of Vietnam USD account no.: 5049000228 EUR account no.: 3619001042 Swift Code: BFTVVNVX All banking charges outside Vietnam will be borne by the Seller INSPECTION OF GOODS After receipt of the goods at Shanghai port, the preventatives of the Seller, the Buyer, and the End-user will check and take over the goods in accordance with the contract terms at the end user's warehouse If the goods are received in accordance with the contract terms, three parties will sign a “Goods Delivery Certificate” The seller will provide installation and training service to the end-user within days from the date of signing the “Good delivery Certificate” In case the received goods are not in accordance with the contract terms, a “Report on Contract Goods condition” will be signed by the parties and consider as a base for a claim to the Seller and the Seller will be replacing unsuitable fruit with new ones All costs will be charged to the Seller FORCE MAJEURE Both Parties will be partly or completely discharged of liability for implementation of this contract in case of: Force Majeure like earth-quake, typhoon, flood, fire, war or any disaster, Government order occurred out of control of any party which results in direct consequences to prevent the contract execution – Within days after Force Force Majeure occurs, the party with whom the Force Force Majeure occurs shall inform the other party by fax and within 15 days shall send an official written confirmation to be issued by the Government authority to the other party VII ARBITRATOR VIII – In the course of implementing this contract if conflicts are not resolved by two parties, they will be submitted to the Viet Nam International Arbitration Center in Hanoi whom office located beside Chamber of Commercial and Industrial of Vietnam Their awards are binding upon both parties and the lost party should pay all fees related IX X – – GENERAL CONDITIONS Any supplement, amendment or annex duly signed by both parties will constitue an integrated part of this contract This contract is signed through fax This contract is made only in English in originals of which each party keeps 03 sheets of the same validity The contract will be effective within one year from the signing date XI XII XIII XIV XV For and on behalf of the Seller For and on behalf of the Buyer ... constitue an integrated part of this contract This contract is signed through fax This contract is made only in English in originals of which each party keeps 03 sheets of the same validity The contract. .. Industrial of Vietnam Their awards are binding upon both parties and the lost party should pay all fees related IX X – – GENERAL CONDITIONS Any supplement, amendment or annex duly signed by both parties... consider as a base for a claim to the Seller and the Seller will be replacing unsuitable fruit with new ones All costs will be charged to the Seller FORCE MAJEURE Both Parties will be partly or