Sales Contract of Shanghai Z.F.X. Steel Co., LTd.
Exhibit
4.8
Sales
Contract of Shanghai Z.F.X. Steel Co., LTd.
Supplier: Shanghai
Z.F.X. Steel Co., Ltd.
Contract
No.:
Purchaser: Ossen
Innovation Materials Co., Ltd.
Place of
Execution:
Time of
Execution:
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I.
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name,
specification, steel No., unit price (tax inclusive) and purchase quantity
of product
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Name
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Specification (mm)
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Steel No.
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unit price
(RMB/ton)
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purchase quantity
(ton)
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|||||
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II.
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Method
of delivery
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1.
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Time
and quantity of delivery: [__________]
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2.
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Method
of delivery
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(1) The
purchaser takes the delivery: the purchaser must take delivery at _______within _____days after
receiving the notice of the supplier for delivery;
(2) Agent
transportation: to be transported by vessel to Mahe
Ferry
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III.
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Reasonable
loss and method of calculation
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1.
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the
method of calculation is to be agreed upon by the parties: reasonable
difference of +0.3%
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2.
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the
deviation from the agreed quantity is +3% as agreed
by the parties through
negotiations.
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IV.
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Method
and standards of inspection and period of raising
disagreements
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1.
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The
supplier provides the letter of guarantee. The quality standard is subject
to the agreement
standards.
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2.
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Where
the purchaser disagrees with the quality, the purchaser must raise the
same with the supplier in writing within 30 days after the date of
receiving the goods. In case of any delay, the quality is deemed to be
consistent with the agreement.
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V.
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Method
and period of settlement:[______]
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VI.
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Change
and rescission of contract
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1.
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Where
the purchaser requires to change the method of taking delivery, product
type, type of steel, specifications or quantity of taking delivery, the
purchaser must notify the supplier in writing 30 days in advance. The
supplier must confirm the same in writing within three days upon its
receipt of the notice. In case of failure of such confirmation, the
parties must continue to perform the
contract.
|
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2.
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Where
either party requires to rescind the contract, the parties must negotiate
with each other to reach the mutual agreement. This contract must not be
terminated until all the contract documents have been
terminated.
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VII.
Method of disputes settlement
Disputes
arising in the course of the performance of the contract must be settled by the
parties through negotiations. Where no agreement may be reached through
negotiations, either party may pursue a legal action with the local court where
the supplier is located.
VIII.
Miscellaneous
Supplier: Shanghai
Z.F.X. Steel Co., LTd (Seal)
Address: Xx.0000,
Xxxxx Xxxxxxxxx Xxxx
Legal representative:
Xxxxxx Xxxx
Representative of
supplier:
Tel.:
0000000
Fax:
000-00000000
Zip code:
200120
Opening
bank:
Account
No.:
Purchaser: Ossen
Innovation Materials Co., Ltd. (Seal)
Address:
Legal
representative:
Representative of
supplier:
Tel.:
Fax:
Zip
code:
Opening
bank:
Account
No.:
