NAME

NAME

ADDRESS

ADDRESS

ATTENTION

ATTENTION

TEL

FAX

TEL

FAX

SIGNATURE AND STAMP

EMAIL:Info@lg-steel.com
ELECTRONIC SEAL
OF SELLER

DATE

SIGNATURE AND STAMP

EMAIL:
ELECTRONIC SEAL
OF BUYER

DATE

SHIPPING MARK:

ORIGIN:

LATEST SHIPMENT:

TRANSHIPMENT:

PARTIAL SHIPMENT:

LOADING PORT:

DISCHARGE PORT:

PRICE TERM:

PAYMENT TERMS:

TOTAL AMOUNT:

INSURANCE:

ADVISING BANK:

BENEFICIARY:

DOCUMENTS TO BE PRESENTED

:

QUALITY/QUANTITY CLAIM

:

CLAIMS IF ANY WILL BE PASSED ON THEIR MERITS PROVIDED NOTICE OF SUCH CLAIMS IS RECEIVED IN WRITING BY SELLER WITHIN 15 DAYS FROM THE COMPLETION OF DISCHARGE FOR SHORTWEIGHT AND 15 DAYS FOR VISIBLE DEFECTS AND 30 DAYS FOR HIDDEN DEFECTS. SUCH CLAIMS MUST BE SUPPORTED BY INSPECTORATE (OR MUTUALLY AGREED ON INDEPENDENT INTERNATIONAL SURVEYOR) REPORT. IN CASE OF SHORTWEIGHT CLAIM, MUST BE SUPPORTED BY TRUCK WEIGHT BRIDGE RECEIPTS AT PORT OF DISCHARGE. IF THERE WILL BE SGS REPORT AT DISCHARGING PORT IT IS FINAL FOR BOTH QUANTITY AND QUALITY, FOR ACTUAL WEIGHT +/-0.5% DIFFERENCE BETWEEN THE SELLER’S AND BUYER’S WEIGHING IS ALLOWED OR AS QUALIFIED QUALITY AND NO QUANTITY CLAIM.

FORCE MAJEURE：

NEITHER SELLER NOR BUYER SHALL BE LIABLE FOR ANY DELAY OR FAILURE OF PERFORMANCE UNDER THIS CONTRACT WHERE SUCH FAILURE OR DELAY IS CAUSED BY FORCE MAJEURE BEING ANY EVENT, OCCURRENCE OR CIRCUMSTANCES REASONABLY BEYOND THE CONTROL OF EITHER PARTY, INCLUDING BUT NOT LIMITED TO: FAILURE OR DELAY CAUSED BY OR RESULTING FROM ACTS OF GOD, STRIKES, FIRES, FLOODS, WARS (WHETHER DECLARED OR UNDECLARED), RIOTS, DELAYS OF CARRIERS DUE TO BREAKDOWN OR ADVERSE WEATHER, PERILS OF THE SEA, EMBARGOES.
ACCIDENTS AND RESTRICTIONS IMPOSED BY ANY GOVERNMENTAL AUTHORITY (INCLUDING ALLOCATION, PRIORITIES, REQUISITIONS, QUOTAS AND PRICE CONTROLS).
THE TIME OF SELLER TO MAKE OR BUYER TO RECEIVE, THEREUNDER SHALL BE EXTENDED DURING ANY PERIOD IN WHICH DELIVERY SHALL BE DELAYED BY REASON OF ANY OF THE FOREGOING CAUSES UP TO TOTAL 30 DAYS. IF ANY DELIVERY HEREUNDER SHALL BE SO DELAYED OR PREVENTED FOR MORE THAN 30 DAYS, EITHER PARTY MAY TERMINATE THIS CONTRACT WITH RESPECT TO SUCH DELIVERY UPON WRITTEN NOTICE TO THE OTHER PARTY. SUCH WRITTEN NOTICE OF TERMINATION SHALL NOT APPLY TO MATERIAL FOR WHICH FREIGHT SPACE HAS ALREADY BEEN CONTRACTED.

CONDITIONS OF SALE：

THIS CONTRACT WILL BE COVERED BY THE PROVISIONS OF INCOTERMS 2000. THE SIGNED CONTRACT SHALL BE TRANSMITTED BY FACSIMILE.

REMARKS：

* ALL THE COSTS INCURRED BY QUALITY INSPECTION LIKE SGS CERTIFICATE WILL BE OF THE BUYER'S ACCOUNT.
* IF DELAY EXCEED MORE THAN 7 DAYS, THE SELLER HOLDS THE RIGHT TO CANCEL THE SALES CONTRACT, CONFISCATE THE DOWNPAYMENT, AND KEEPS THE RIGHTS TO DEAL WITH THIS LOT OF CARGO BY ANY WAY WITHOUT ADVISING THE BUYER PRIOR
* SHIPPING ADVICE TO BE SENT TO THE BUYER WITHIN 5 WORKING DAYS AFTER SHIPMENT
* DOCUMENTS(EXCEPT COMMERCIAL INVOICE) ISSUED BY THIRD PARTY IS ACCEPTED
* IF CHINA GOVERNMENT ADJUST EXPORT REBATE RATE, BOTH THE SELLER AND THE BUYER WILL SHARE THE REDUCED PERCENTAGE BY HALF AND HALF, AND THE BUYER MUST PAY TO THE SELLER BY T/T WITHIN 2 DAYS AFTER RECEIPT OF NOTICE FROM THE SELLER
* THE OVERDUE STOWAGE EXPENSES (IF ANY) ON THE LOADING PORT WILL BE OF THE BUYER’S ACCOUNT, IF THE VESSEL ARRIVES AT THE LOADING PORT FOR SHIPPING BEFORE THE SELLER’S RECEIVING THE BALANCE AMOUNT, ALL THE DEMURRAGE/DETENTION WILL BE OF THE BUYER'S ACCOUNT
* THE BUYER'S EMAIL ADDRESS IS "XXXXXXXX", WHERE MUST BE UNDER THE BUYER'S OFFICIAL SEAL TO CONFIRM THAT IT IS THE ONLY EMAIL ADDRESS DESIGNATED BY THE BUYER AND SELLER IN THE TRANSACTION. AND THE SELLER SENDS TO THE BUYER ONLY THROUGH THE EMAIL ADDRESS, INCLUDING BUT NOT LIMITED TO SALES CONTRACTS, COMMERCIAL INVOICES, BILLS OF LADING, NOTICES AND OTHER RELEVANT DOCUMENTS , WHICH ARE CONFIRMED BY THE SELLER’S SEAL.