CONTRACT No. 9760/82

Krasnoyarsk-Vostok, Russia, hereinafter referred to as the Buyer, and Rinataur International Enterprises, Inc., hereinafter referred to as the Seller, have concluded this Contract for the following:

1. Subject of the Contract

The Sellers have sold and the Buyers have bought on terms CIP-Krasnoyarsk medical equipment, including installation & personal training in quantity and at prices and in accordance with specifications.

2. Terms, Prices and Total Amount of the Contract

The terms of the contract are 100% prepaid.

The prices for the goods to be supplied under the present Contract are fixed in United States Dollars, are understood to be CIP-Krasnoyarsk & include crating and marking. The prices are firm and are not subject to any alternations.

All taxes, custom duties, fees, and expenditures associated with the export of the equipment from the U.S.A. in connection with the fulfillment of the present Contract are to be paid by Seller.

4. Shipping Instructions and Notifications

A. All questions connected with shipment of the goods are to be mutually agreed upon in accordance with the Buyer’s instructions.

B. Within 24 hours after shipment of the goods the Sellers are to send to the Buyers by cable or by fax the loading notification stating the date of dispatch, number of the Contract, numbers of the crates, the quantity of cases and packages and gross weight.

5. Guarantee of the Quality of the Goods

Seller warrants that the goods will meet manufacturer’s published specifications.

6. Packing and Marking

The goods will be packed in the export crating suitable for ocean shipment. Packing will be suitable to protect the goods against any damage or corrosion when the goods are transported by sea and by railway and to provide eventual transshipment of the goods on the way to the place of destination and for a long storage of the goods.

7. Force - Majeure

Should force-majeure circumstances occur namely: fire, flood, earthquake, export-import State intervention, then the time of delivery stipulated in Clause 4 of the Contract shall be extended for a period equal to that during which such circumstances will remain in force so far as these circumstances considerably affect the fulfillment of the whole Contract or a part of it.

8. Export License

The Seller shall obtain the Export License if necessary. Buyer will provide any necessary documents that may be required by the U.S. Government which must originate from Russia.

The Seller will inform the Buyers within forty-eight (48) hours upon receipt of the Export License.

9. Arbitration

The Seller and the Buyer shall make every effort to resolve any disagreement, dispute or differences that may arise out of or in connection with this Contract.

In the event that the parties are unable to arrive at an amicable settlement, all disputes and differences with the exception of recourse to legal procedure of the ordinary Courts of Law are to be submitted to arbitration for settlement by the International Arbitration Court at the Russian Chamber of Commerce and Industry in Moscow in accordance with the Rules of Procedure of the said Court. The Arbitration Award will be final and binding upon both Parties.

10. Insurance

Seller at its expense will provide insurance for damage or loss from handling and shipment which will be in effect from time of shipment from Seller’s factory.

11. Other Terms and Conditions

1. Neither Party shall have the right to assign to third parties their rights and obligations under the present Contract without written consent of the other Party.

2. All taxes, fees, custom duties, and expenses connected with obtaining Licenses for import into the Russia are to be borne by the Buyer.

3. All amendments and additions to the present Contract are valid only if made in writing and signed by the persons, authorized thereto by both Parties.

4. After signing the Contract all preliminary agreements, discussions and correspondence between the Parties concerning this Contract are to be considered null and void.

5. This contract is being provided in duplicate in both English and Russian and all copies must be executed. Each contract is assumed to be identical irrespective of translation and have equal power.

Date: 2015-09-22; view: 624; Нарушение авторских прав