Exhibit 10.14
Translated from Romanian into English
CONTRACT no. M3-001
From "04" January 0000 Xxxxxxxx
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We, undersigned's, Firm "POMUL" LTD in the person of director DRUTA Tudor,
acting on the Statute basis, hereinafter referred to as the ((SELLER)), on the
one side and FCP "ASCONI" LTD in the person of general director X. Xxxxxx,
acting on the enterprise Statute hereinafter referred to as the ((BUYER)), on
the other side, have concluded hereby agree as follows:
I. CONTRACT SUBJECTS
1.1. The "SELLER" sells, but the BUYER buys in ex store conditions, established
before the delivery: corks for wine.
1.2. The "BUYER" orders the quantity and the sort at the beginning of each
term.
II. PRICE, PAYMENT, SUM OF THE CONTRACT
2.1. The goods sum is determined in conformity with sale prices of the "SELLER"
at the day when the goods are loaded, including the price of the package, VAT.
2.2. The sale of the goods is produced from the "SELLER'S" storehouse after the
advance payment of 50% from goods value or 50% in term of 30 days (thirty).
2.3. The sum of the following contract is: 100000 (one hundred thousand) USA
dollars
HL QUALITY OF THE GOODS
3.1. The quality of the goods must correspond to the sanitary rules and to the
standards of Republic of Moldova and to the other necessary documents, issued by
the competent authority of Republic of Moldova.
IV. PACKAGE
4.1. The package must correspond to the international standards.
V. RECEIVING OF THE GOODS IN CONFORMITY WITH
QUALITY AND QUANTITY
5.1. The "BUYER" can make a quality inspection of the goods before getting it.
Translated from Romanian into English
5.2. The "BUYER" receives the goods from the moment of loading them from the
"SELLER'S" storehouse.
VI. SETTLEMENT OF THE PROBLEMS
6.1. The problems, which appear in time of execution of the following contract,
must be solved through negotiations, if not, with bilateral agreement the
problem must be solved by the Economy Court of Republic of Moldova, the decision
of the court is obligatory for the both sides.
6.2. All adding to the following contract are accepted if they are submitted in
written form and the both sides sign them.
VII. WORKING LIFE OF THE CONTRACT
7.1. The following contract begins to work from the moment of signing it by the
both sides and its working life expires at the moment when all engagements are
done.
VIII. ADDITIONAL CLAUSE
8.1. If the "BUYER" does not do the payment in the terms specified in the
following contract, he pays a fine of 0,5% from the sum of the contract for each
day of being late.
For the receiving of the goods the "BUYER" must to present:
- delivery contract
- copy of the invoice for the goods
- warrant for receipt of the goods
- passport
LEGAL ADDRESSES OF THE SIDES
"SELLER" "BUYER"
"POMUL" LTD FCP "ASCONI" LTD
Republic of Moldova, Calarasi Chisnau, Puhoi
S/a 225102401190 BC Universalbanc, Chisinau
b/a 280101768 s/a 22240001016
MoldovaAgroindbank b/a 280101803
Subsidiary Calarasi t/a 231582
t/a 19909/VAT 3800046
Director General Director
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--------------------- X. XXXXX Jitaru Constantin
[SEAL]
This translation from Romanian into English was checked in the translation
office "INTACT-SERVICE" LTD.
