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sample contract
CONTRACT No __________ Seoul, South Korea “____”________2003 The present contract (“Contract”) is made up and entered between the Company “UzHOLDCOMexpim Co.”, hereinafter referred to as “SELLER”, on behalf of Mr. Teshabayev M.M., General Director, acting under its Charter, on the one side, and the Company “Lottetrading Co., Ltd.”, hereinafter referred to as the “«BUYER»”, on behalf of Mr. Hyo Yong Back, acting under the authority of the Company norms and regulations , on the other side. “Supplier and «BUYER»”, hereinafter, are “PARTIES”, singularly “PARTY”; Article 1. SUBJECT OF THE CONTRACT 1.1. The «SELLER» is obliged to deliver to the “«BUYER»” fresh fruits, mainly of Melon and Pomegranate produced in the territory of Republic of Uzbekistan hereinafter referred to as “GOODS” and the “«BUYER»” is obliged to receive Goods and pay for them on the conditions of the present “CONTRACT”. 1.2. The quantity, list of item and other features of Goods are to be defined in the Supplements to the present Contract which are the integral parts of the Contract and are to be signed by the Parties. Article 2. The Responsibilities of Parties 2.1. Shipment of the “GOODS” should be made in lots. 2.1.1. «SELLER»’s responsibilities ; 2.1.1.1. «SELLER» should supply fresh fruits which satisfy the quality standard set by «BUYER». 2.1.1.2. «SELLER» should deliver the goods in time and volumes as specified in the purchasing order sheet set by «BUYER» which is registered and attached to the “CONTRACT” before it is signed. 2.1.1.3. «SELLER» should inform «BUYER» of the farm(s) which «SELLER» choose from where the goods are to be sourced as soon as possible. 2.1.1.4. «SELLER» should manage and organize the works such as the harvest of fruit, packaging, transportation within the territory of Uzbekistan, export customs clearance, quarantine and sanitary activities and other necessary activities necessary for the export of “GOODS”. 2.1.1.5. “SELLER” organizes presentation of entry visas for necessary quantity of representatives arriving in Uzbekistan for participation in and inspection of all process of shipment on official request of the “BUYER”. 2.1.2. «BUYER»’s responsibilities ; 2.1.2.1. «BUYER» should specify and provide in time for the “SELLER” the quality standard including all needed standards of the “SELLER” for “GOODS” itself and other necessary standards which are needed for the proper packing, selection and classification of fruit.
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