SALES CONTRACT

No. ____

Made between:

1.
___________________________________________________________________________________
_____________________________________________________________(hereinafter: the seller),
which is represented by the director of the company ___________________________________, on the
one side

and

2.
___________________________________________________________________________________
_______________________________________________________________ (hereinafter: the buyer),
which is represented by the director of the company ________________________________________,
on the other side

CONTRACT SUBJECT

Article 1.

This Contract regulates the bying and sellling of ____________________________________________

___________________________________________________________________________________
(specify the type of article, goods or services which are the subject of buying or selling) out of the
seller’s range of articles in the following ________ months, the method of ordering, quantity, delivery
terms, methods of payment, prices, quality and other relevant elements for establishing business
relations between the buyer and seller.

Article 2.

The buyer is familiar with the seller’s article range, as well as with their quality, type categorization and
fulfillment of conditions for production of these articles according to the existing standards.

Article 3.

Buying and selling quantities according to this Contract are determined by agreement between the
buyer and seller in one of the following ways:
- monthly and annual specifications
- buyer’s orders by e-mail, telefax, telex or phone
- separate conclusions and
- other usual methods.

The order should contain the catalogue number, article type (assortment), quanity, delivery terms, etc.
 Article 4.

The seller warrants that he shall deliver the goods to the buyer in type and quantity according to the
orders, under the valid pricelist on the day of delivery.

Article 5.

The prices are calculated according to the seller ex-warehouse incoterm. The buyer is responsible to
take the goods in person or authorizes the sellet to dispatch the goods by previously agreed method of
transport.

DELIVERY AND METHODS OF PAYMENT

Article 6.

The seller warrants that he shall dispatch all the goods which are subject of the order together with the
dispatch note and the invoice within the agreed term.

Article 7.

The seller warrants that he shall make all the payments within 15 days after the delivery of the goods, if
not regulated otherwise by separate conclusions.

Article 8.

The buyer warrants that he shall pay for the delivered goods in one of the following methods:
- paying on invoice after 15 days of delivery, on condition of providing quality payment
instruments (transfer order, etc.)
- compensation which is proved by a statement of mutual agreement of both parties.

Article 9.

In case of the buyer not paying its duties within the agreed term, he warrants that he shall pay the legal
interest on arrears on the debt until the payment date within the rate determined by the Law. Settlement
of interest shall be done on a monthly basis, for the period of the agreed currency expiry date until the
day of the payment settlement.

QUANTITATIVE AND QUALITATIVE ACCEPTANCE AND COMPLAINT

Article 10.

When the buyer receives the goods at the seller’s business centre it is assumed that the goods have been
delivered in a quality way. Potential complaints shall be delivered to the seller in the form of the
commission record within 8 (eight) days from the the goods acceptance day. After the Record on the
complaint on the goods has been accepted, the seller warrants that he shall withdraw the goods from the
buyer and eliminate any deficiency.
CHANGES AND AMENDMENTS

Article 11.

Changes and amendments of this Contract may be undertaken only in written form providing thay have
been signed by both contract parties.

DISPUTES, TERMINATION AND OTHER REGULATIONS

Article 12.

Potential disputes which may arise out of this Contract shall be settled by agreement by both parties. If
this is not possible, the Commercial Court at the Service centre of Serbian virtual companies in Sopot
has the jurisdiction of settling the dispute.

Article 13.

Termination of this Contract is undertaken in written form. The termination period is 30 (thirty) days. In
case of the termination, both contract parties will settle their obligations from the Contract.

Article 14.

The contract is made in 2 (two) same copies, 1 (one) for each contract party. The contract is valid after
the day of signing. Each valid signed copy of the Contract has legal implications of the original.

Signed in _________________, ______________ year.

Signed by or on behalf of the Seller Signed by or on behalf of the

Buyer

_______________ _________________