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    L C Coffe

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    duongquoclam.pt

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    © All Rights Reserved
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    L C Coffe

    Uploaded by

    duongquoclam.pt
    2 views4 pages

    Original Title

    Lạc Coffe

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    2 views4 pages

    L C Coffe

    Uploaded by

    duongquoclam.pt

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    CONTRACT

    NO:DM8386KL
    Date: 6th Oct,2024
    Buyer: Phúc Quả Xuân fruit CO. Ltd.
    Address: No.5988 yangqian road, qingcui town, fengxian district, Shanghai, China.

    Seller: Bamatao company


    Address: 79 Dong Khoi street, District 1, Ho Chi Minh city, Vietnam
    Tel: +84 789818588
    Fax: 886-2-2223350
    Email: [email protected]

    After discussing, the two parties agreed to sign the contract with the following terms
    and conditions:

    1. COMMODITY:

    Vietnam Robusta Coffee - Grade 1, Screen 16, 2% BB

    2. SPECIFICATION (QUALITY):

     Type: Vietnam Robusta Coffee, Green Beans (Unroasted)


     Grade: Grade 1
     Moisture Content: 12.5% Max by oven test
     Black and Broken Beans (BB): 2% Max
     Foreign Matter: 0.5% Max
     Bean Size: Min 90% of beans on Screen No.16 (6.3 mm)
     Crop Year: 2021-2022
    3. QUANTITY:

    151.20 MT = 2520 bags (50 kg per bag)


    Tolerance: +/- 5% (Buyer’s option)

    4. UNIT PRICE:

    USD 450.50 per MT, FOB HCMC Port – Incoterms 2020


    Total Contract Value: USD 100,000.00
    In words: US Dollars One hundred thousand only.

    5. SHIPMENT:

     Time of Delivery: October 2024


     Place of Delivery: HCMC Port, Vietnam
     Destination: Shanghai, China
     Transhipment: Not Allowed
     Partial Shipment: Allowed
     Shipment Schedule:
    o In October: 2 FCLs = 50 MTs
    o In November: 2 FCLs = 50 MTs
    o In December: 2 FCLs = 50 MTs

    6. PAYMENT:

    Payment shall be made by T/T.

     The Buyer must pay 50% of the contract value within 07 days after signing the
    contract.
     The remaining 50% shall be paid 03 days prior to the Estimated Time of
    Departure (ETD).

    Banking details of the Seller:

     Beneficiary’s name: BAMATAO VIETNAM LTD.


     Bank account: 49538386
     Bank’s Name: Saigon Commercial Bank (SACOMBANK), HCMC Head
    Office
     SWIFT Code: SGTTVNVX

    7. PACKING AND MARKING:


    Coffee shall be packed in single new jute bags of 50 kgs net each.
    Each bag will be hand-sewn with jute twine thread, suitable for rough handling and
    sea transportation. The Seller will supply 0.2% of new jute bags free of charge from
    the total quantity shipped.

    8. WARRANTY:

    The Seller warrants that the coffee supplied will meet the agreed specifications for a
    period of 30 days after delivery.

    9. PENALTY:

    In case of delayed shipment beyond 15 days from the agreed shipping date, the
    penalty will be based on an annual interest rate of 15% of the total contract amount.

    10. INSURANCE:

    Insurance shall be covered by the Seller for 110% of the invoice value, covering all
    risks. The claim is payable in Vietnam by AIA Insurance Company, HCMC Branch.

    11. CLAIM:

    Within 07 working days after the Notice of Arrival, the Buyer shall submit any claims
    regarding quality or quantity in writing. Otherwise, any claims will be considered
    invalid.

    12. ARBITRATION:

    Any disputes arising out of or in relation to this contract shall be resolved by


    arbitration at the Vietnam International Arbitration Centre (VIAC) at the Vietnam
    Chamber of Commerce and Industry (VCCI). The arbitration fee shall be borne by the
    losing party.

    13. FORCE MAJEURE (Acts of God):

    Neither party shall be held responsible for any delay or failure in performance due to
    fire, flood, war, embargo, or other similar causes beyond their control. The affected
    party shall notify the other party in writing within 10 days. If the delay exceeds 30
    days, the unaffected party has the right to terminate the contract without liability.

    For the seller For the buyer

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