CONTRACT
Contract
No.:DH2002-GPA254-0202-NO
DATE: May 22,
2007
The Buyers: Evergreen industries group
Address: 69 Jiang Nan Road, Ningbo, Zhejiang, People’s
Republic of China
Post Code: 315040
Fax No: 86 0574 8778 7509 Telephone No: 86
0574 8778 7510
The Buyers: Zhejiang Shipbuilding Co., Ltd.
Address: 69Jiang Nan Road, Ningbo, Zhejiang, People’s
Republic of China Post Code: 315040
Fax No: 0086 574 8777 8673 Telephone No: 0086
574 8779 2384
The Sellers: Ing. Per- Gjerdrum A/S
Address: P.O. Box 154 N-1395 Hvalstad, Norway
Fax No: 47 66 77 56 01 Telephone No: 47
66 77 56 00
This contract is made by and between the Buyers and the
Sellers, whereby the Buyers agree to buy and the Sellers
agree to sell the under mentioned commodity according to
the terms and conditions stipulated below:
1. Name of the goods and its specification, quantity, unit,
price and total value:
DESCRIPITION OF
COMMODITY UNIT QTY UNIT PRICE AMOUNT
1. Liquid Mud
pump, liquid mud
shipset
1
USD185,000.00 CIF NINGBO
USD185,000.00 agitator, liquid
mud tank
cleaning
machine, liquid
mud jetting pump
SPECIFICATIONS AND SCOPE OF SUPPLY AS PER ATTACHED TECHNICAL
AGREEMENT SIGNED BETWEEN BUYER AND SELLER ON March 1st ,2006.
TOTAL VALUE: SAY CIF NINGBO BY SEA IN USD ONE HUNDERED EIGHTY
FIVE THAUSAND ONLY
2. Country of Origin and Manufacturer: Norway/
Ing.Per-Gjerdrum A/S
3. Time of Shipment: Before Nov 20st, 2009
4. Place of Shipment: Main European Port
5. Place of Destination: Ningbo Seaport, China
6. Shipping Mark:
The sellers shall mark on each packages with fadeless
paint the package number, gross weight, net weight,
measurements, shipping mark and the words: “keep away from
moisture”, “Handle with care”, “This side up”, ect.
Or other generally adopted symbols. In the case of dangerous and /or poisonous cargo (es) and the generally
adopted symbols shall be marked conspicuously on each
package. The shipping mark shall be:
Hull No.: DH2002
Contract No.: DH2002-GPA254-0202-No
Zhejiang Shipbuilding Co., Ltd.
7. Packing
To be packed in new sea-worthy strong wooden case(s) or in
container or in cartons as per international packing
standard, suitable for long distance Sea/ Air freight
transportation/parcel post and change of climate, well
protected against dampness, moisture, rust, shocks and
rough handling, protected for a period of six months from
date of shipment.
The Sellers shall be liable for any damage of the commodity
and expenses occurred on account of improper packing and
for any rust attributable to inadequate or improper
protective measures taken by the Sellers in regard to the packing, in which case they shall rectify the transport
damage and in case of corrosion, reimburse the Buyer for
relating expenses incurred up to an amount the Seller would
have incurred the remedial action been taken by himself at
his premises.
It is Buyer’s responsibility to check packing and
preservation. In case Buyer becomes aware of damages of
packing and preservation or period of preservation has been
elapsed he shall inform Seller without undue delay;
Otherwise Seller is released from its warranty
obligations.
With the engine package, the lifting device should be
delivered which shall remain property of Seller and be
returned DDU Seller’s premises in due time after
installation of the engine.
Following documents shall be enclosed in each package:
Detail packing list in 2 copies issued by the
Manufacturers/ Seller indicating the number, content, measurement, net and gross weight of each package.
8. Insurance:
To be covered by the Sellers for 110% of Delivered Goods
Value.
9. Payment:
As per the attachment 1 of this contract.
10. Documents:
1) 3 original commercial invoice and 3 copies indicating
sold to Evergreen industries group, indication
contract number L/C number and shipping mark mad out
in details as per the related contract.
The sellers should supply an additional set of original
commercial invoice to Zhejiang Shipbuilding Co., Ltd.
2) Bill of Lading
2/3 sets of on board ocean bills of lading in original
and copies marked “Freight Prepaid” made out to order,