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PurchaseContract
ThisAgreementismadeandenteredintoon[Date]byandbetween[Buyer'sName],a[Country]corporationwithitsprincipalplaceofbusinessat[Address]("Buyer")and[Seller'sName],a[Country]corporationwithitsprincipalplaceofbusinessat[Address]("Seller").BuyerandSellermaybereferredtoindividuallyasa"Party"andcollectivelyasthe"Parties."
WHEREAS,BuyerdesirestopurchasecertaingoodsfromSeller(the"Goods");and
WHEREAS,SelleriswillingtoselltheGoodstoBuyer,subjecttothetermsandconditionsofthisAgreement.
NOW,THEREFORE,inconsiderationofthemutualcovenantsandagreementscontainedherein,andforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thePartiesagreeasfollows:
1.BasicInformation
ThePartiesdeclarethattheyarecapableofenteringintothisAgreement,andthattheyhavetheauthoritytobindtheirrespectiveentitiestothisAgreement.
2.IdentificationofParties
ThePartiesidentifiedinthisAgreementshallbeboundtoallofthetermsandprovisionsofthisAgreement.
3.TermsandConditions
(a)Goods
SelleragreestosellanddelivertoBuyer,andBuyeragreestoacceptandpayfortheGoodsdescribedintheattachedScheduleA.
(b)Payment
BuyeragreestopayfortheGoodsinaccordancewiththepaymenttermssetforthintheattachedScheduleB.
(c)Delivery
SellershalldelivertheGoodstoBuyerassetforthintheattachedScheduleC.
(d)Warranty
SellerwarrantsthattheGoodswillbefreefromdefectsinmaterialandworkmanshipforaperiodof[WarrantyPeriod],commencingonthedateofdelivery.
(e)TitleandRiskofLoss
TitletotheGoodsshalltransfertoBuyerupondeliveryinaccordancewiththeattachedScheduleC.RiskoflossordamagetotheGoodsshallbebornebySelleruntildeliverytoBuyer.
(f)LawandJurisdiction
ThePartiesagreethatthisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsofthePeople'sRepublicofChina.AnydisputearisingoutoforinconnectionwiththisAgreementshallbesubmittedtoChinaInternationalEconomicandTradeArbitrationCommission(CIETAC)forarbitrationwhichshallbeconductedinaccordancewiththeCIETACArbitrationRulesineffectatthetimeofapplyingforarbitration.
(g)ForceMajeure
IfaPartyispreventedfromperformingitsobligationsunderthisAgreementduetoaForceMajeureevent,suchParty'sobligationsshallbesuspendedduringtheperiodoftheForceMajeureevent.
(h)Confidentiality
ThePartiesshalleachkeepthetermsandconditionsofthisAgreementconfidentialandshallnotdisclosethemtoanythirdpartywithoutthepriorwrittenconsentoftheotherParty.
(i)Notices
AnynoticesorcommunicationsrequiredorpermittedtobegivenunderthisAgreementshallbeinwritingandshallbesentbyregisteredmailordeliveredbyhandtothePartytowhomthenoticeisdirected.
(j)Assignment
NeitherPartymayassignitsrightsorobligationsunderthisAgreementwithoutthepriorwrittenconsentoftheotherParty.
(k)EntireAgreement
ThisAgreementconstitutestheentireagreementbetweenthePartieswithrespecttothesubjectmatterhereofandsupersedesallpriornegotiations,understandings,andagreementsbetweentheParties.
INWITNESSWHEREOF,thePartieshavecausedthisAgreementtobeexecutedbytheirdulyauthorizedrepresentativesasofthedatefirstwrittenabove.
BUYER:
__________________________
[Seller'sName]
By:_______________________
Name:_____________________
Title:______________________
SELLER:
__________________________
[Buyer'sName]
By:_______________________
Name:_____________________
Title:______________________
SCHEDULEA
Goods:
[EnterdescriptionofGoods
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