Exhibit 10.6
CONTRACT (1) 01\15
FOR THE SALE OF GOODS
ISTANBUL, TURKEY
January 30, 2015
NIMTECH CORP., PRODUCTION COMPANY (the "Seller") on the one hand, <> DISTRIBUTION COMPANY (the "Buyer"), on the other hand Contractors
both together referred to as "Parties", or "Party" have concluded the present
Contract as follows:
1. PRODUCT
Seller shall sell, to Buyer the following goods: PAPER CUPS (the "goods").
No party under the Contract is obligated to purchase or sell a certain minimum
number of goods or dollar amount. The range of products for delivery of each
batch is defined in the purchase order.
Identification of the goods to this Contract shall not be deemed to have been
made until both Buyer and Seller have specified that the goods in question are
to be appropriated to the performance of this Contract.
2. PAYMENTS
This Contract has been made for the period of one year, with total amount of
$13,860.00 has to be paid for this time. The term of supplying is every two
month, in accordance with purchase order on the amount of $2,310.00. First order
should be made from February 25, 2015.
The Buyer shall arrange delivery of the goods by his own.
Parties agree to pay all taxes of every description, federal and municipal, that
arise as a result of this sale, excluding income taxes.
3. RISK OF LOSS
The risk of loss from any casualty to the goods, regardless of the cause, shall
be on Seller until the goods have been accepted by the Buyer.
4. CONFIDENTIALITY
Both parties acknowledge that during the course of this Contract, each may
obtain confidential information regarding the other party's business.
Both parties agree to treat all such information and the term of this Contract
as confidential and to take all reasonable precautions against disclosure of
such information to unauthorized third parties during and after the term of this
Contract.
5. WARRANTIES
Seller warrants that the goods shall be free of substantive defects in material
and Seller warrants that the goods are now free, and that at the time of
delivery shall be free from any security interest or other lien or encumbrance.
Furthermore, Seller warrant that at the time of signing this Contract Seller
knows, nor has reason to know, of the existence of any outstanding title or
claim of title hostile to the rights of Seller in the goods.
6. RIGHT OF INSPECTION
Buyer shall have the right to inspect the goods on arrival and, within 10
business days Buyer must give notice to Seller of any claim for damages on
account of condition, quality or grade of the goods, and Buyer must specify the
basis of the claim of Buyer in detail. The failure of Buyer to comply with these
conditions shall constitute irrevocable acceptance of the goods by Buyer.
The parties have executed this Contract at Istanbul, Turkey January 30, 2015
year
This Contract is concluded and enters into force upon signature by the parties.
If any provision of this Contract is held by a court of law to be illegal,
invalid, or unenforceable, (a) that provision shall be deemed amended to achieve
as nearly as possible the same economic effect as the original provision, and
(b) the legality, validity, and enforceability of the remaining provisions of
this Contract shall not be affected or impaired thereby.
This Contract supersedes any prior written or oral agreements.
This Contract may be modified or amended if the amendment is made in writing and
signed by both parties.
SIGNATURES
SELLER
NIMTECH CORP.
STR.100, EMIRHAN, 10/2, BLD. A, SANLIURFA, TURKEY
BUYER
PANDA DIS TICARET LTD
00 XXXXX XXX.XXXXX XXX.XXXXX XXX.XX:00 X.00 XXXXXXXXX, XXXXXXXX, XXXXXX
