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SALESCONTRACTNO.:SMST/24116DATE:Jul.15.,2006THESELLER:SAMSUNGCORPORATIONSAMSUNG-PLAZABUILDING263,SEOHYEON-DONG,BUNDANG-GU,SEONGNAM,GYEONGGI-DO,KOREA463-721TEL:82-2-2145-2500FAX:82-2-2145-2596THEBUYER:ZHEJIANGALISONIMP.&EXP.CO.,LTD.C-719,WORLDTRADECENTREOFFICEBUILDING122SHUGUANGROAD,HANGZHOU,310007CHINATel:0086-571-87631686Fax:0086-571-87950611ThisContractismadebyandbetweentheBuyerandSeller,wherebytheBuyeragreetobuyandtheSelleragreetoselltheunder-mentionedcommodityaccordingtothetermsandconditionsstipulatedbelow：Commodity&specificationQuantityUnitpriceAmountHDPEGRADENO.9004HDPEGRADENO.3234204MT198MTCFRSHANGHAIUSD937.00/MTUSD927.00/MTUSD191148.00USD183546.00TOTAL402MTUSD374,694.00TOTALCONTRACTVALUE:SAYU.S.DOLLARS.THREEHUNDREDSEVENTYFOURTHOUSANDSIXHUNDREDANDNINTYFOURONLY.PACKING:0.2MTarepackedinoneexportstandardMARKS:ShippingmarkincludesSAMSUNG,S/Cno.,gradeno.,portofdestinationandcartonno.TIMEOFSHIPMENT:NotlaterthanAUG.10.,2006PORTOFLOADINGANDDESTINATION:FromShanghai,ANYTAIWANPORTTransshipmentisallowedandpartialshipmentisallowed.TERMSOFPAYMENT:ByirrevocableLetterofCreditat90daysafterB/L,reachingthesellernotlaterthanJul.25,2006andremainingvalidfornegotiationinChinaforfurther21daysaftertheeffectedshipment.IncaseoflatearrivaloftheL/C,thesellershallnotbeliableforanydelayinshipmentandshallhavetherighttorescindthecontractand/orclaimfordamages.DOCUMENTS:+SignedInvoiceintriplicate,indicatingL/CNo.andContractNo. +Fullset(3/3)ofcleanonboardoceanBillofLadingmarked“freightprepaid”madeouttoorderblankendorsednotifyingtheapplicant.+PackingListintriplicate.+CertificateofQualityandWeightin3copiesissuedbymanufacturer+Beneficiary’sCertifiedcopyoffaxdispatchedtotheapplicantwithin2daysaftershipmentadvisingthecontractnumber,nameofcommodity,quantity,invoicevalue,billofloading,billofloadingdate,theETAdateandshippingCo.CLAIMS:Incasediscrepancyonthequalityorquantity(weight)ofthegoodsisfoundbythebuyer,afterarrivalofthegoodsattheportofdestination,thebuyermay,within30daysand15daysrespectivelyafterarrivalofthegoodsattheportofdestination,lodgewiththeselleraclaimwhichshouldbesupportedbyanInspectionCertificateissuedbyapublicsurveyorapprovedbytheseller.Thesellershall,onthemeritsoftheclaim,eithermakegoodthelosssustainedbythebuyerorrejecttheirclaim,itbeingagreedthatthesellershallnotbeheldresponsibleforanylossorlossesduetonaturalcausefailingwithintheresponsibilityofShipownersoftheUnderwriters.Thesellershallreplytothebuyerwithin30daysafterreceiptoftheclaim.LATEDELIVERYANDPENALTY：Incaseoflatedelivery,theBuyershallhavetherighttocancelthiscontract,rejectthegoodsandlodgeaclaimagainsttheSeller.ExceptforForceMajeure,iflatedeliveryoccurs,theSellermustpayapenalty,andtheBuyershallhavetherighttolodgeaclaimagainsttheSeller.Therateofpenaltyischargedat0.5%forevery7days,odddayslessthan7daysshouldbecountedas7days.Thetotalpenaltyamountwillnotexceed5%oftheshipmentvalue.ThepenaltyshallbedeductedbythepayingbankortheBuyerfromthepayment.FORCEMAJEURE:Thesellershallnotheldresponsibleifthey,owingtoForceMajeurecauseorcauses,failtomakedeliverywithinthetimestipulatedintheContractorcannotdeliverthegoods.However,insuchacase,thesellershallinformthebuyerimmediatelybycableandifitisrequestedbythebuyer,thesellershallalsodelivertobuyerbyregisteredletter,acertificateattestingtheexistenceofsuchacauseorcauses.ARBITRATION:Alldisputesinconnectionwiththiscontractortheexecutionthereofshallbesettledamicablybynegotiation.Incasenosettlementcanbereached,thecaseshallthenbesubmittedtotheChinaInternationalEconomicTradeArbitrationCommissionforsettlementbyarbitrationinaccordancewiththeCommission’sarbitrationrules.Theawardrenderedbythecommissionshallbefinalandbindingonbothparties.Thefeesforarbitrationshallbebornebythelosingpartyunlessotherwiseawarded.Thiscontractismadeinfouroriginalcopiesandbecomesvalidaftersignature,twocopiestobeheldbyeachparty. Signedby:THESELLER:THEBUYER:SAMSUNGCORPORATIONZHEJIANGALISONIMP.&EXP.CO.,LTD.PeterWhite王伟ATTACHMENTNAMEOFCOMMODITYHDPEGRADENO.9004204MTQUANTITY204MTUNITPRICEUSD937.00/MTCFRSHANGHAITOTALAMOUNTUSD191148.00NAMEOFCOMMODITYHDPEGRADENO.3234QUANTITY198MTUNITPRICEUSD927.00/MTCFRSHANGHAITOTALAMOUNTUSD183546.00
