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GENERAL TERMS AND CONDITIONS  (P/CON)

1. SHIPMENT OR DELIVERY
T he o bl ig a t i o ns o f Se l l e r t o s hi p or d e l i v e r t he g oo ds s pe ci fie
f a c e o f t h i s C o n t“G r aoc ot d”)
(s p u n c t u a l l y b y t h e t i m e o r w i t
p e r i o ds p e c i f i eodn t h e f a c e o f t h i s C o n t r a c t i s o f t h e e s s e n
Contract.

2. VESSEL
If, under the terms of this Contract, Seller is to secure or arrange for the
v e s s e l o r v’se s sp ea lc e , S e l l e r s h a l l s h i p t h e G o o d
steamer(s) a m nd/orv ( owned otora /or o nd essel
perated b c s) ( oy
good international repute and financial standing and of a type no
used for the transports of goods of the same type as th
Goods shall be shipped by way of usual shipping route
d e v i a t ai no dn o n v e s s e l ( s ) as ed ae w q uo ar at neh ldy y s u i t a b l e
uninterrupted passage to the berth at the port of destination. Immediately
a f t e r c t oh me p l eo t f i ot nhl oaed i n og f t h e G o o d s , S e
c a b l eo r t e l e x t o B u y e r a n o t i c e o f s h i p m e n t o r d e l i v e r y, s
number of this Contract, the name of the vessel, the port of shipment
delivery, a d oescription
t G a p f t heq oods
l t nd
invoice amount and other essential particulars.

3. PRICE
The price specified on the face of this Contract shall be firm and
and shall not be subject to any adjustment for any reason whatsoever.

4. CHARGES
All cases, export duties, fees, banking charges
attributable t t G oc he a oods, d ontainers
( b n nd
l i m i t e d t coe r t i f i c a t eosf o r i g i n i n t h e c o u n t r y o f s h i p m e n t o r d e l
shall be borne and paid by Seller.

5. FORCE MAJEURE
If the performance by Buyer of its obligations hereunder is
indirectly affected or prevented by force majeu
limited to Acts of God, fire, war declared or not or serious threat o
same, civil commotion, strike or other labor dispute, governmental order
or regulation or any other causes beyond the reasonable control of Buyer
or Buyer’s customer(s), Buyer shall not be liable for loss of damage o
failure or delay in performing its obligations hereunder and m
sole discretion, terminate this Contract or any portion thereof.

6. DEFAULT
In case of ⅰ ( ) Seller’s failure to perform any provision of this Contrac
or breach of any express or implied terms, condi
contained herein; ⅱ ( ) Seller’s inability to pay its debts generally as they
become due; (ⅲ) Seller’s bankruptcy or insolvency orⅳ) ( appointment
of a trustee, receiver or liquidator of Seller or of any ma
Seller’s assets or properties “Events( of Default”), Buyer may, at its sole
d i s c r ⅰ) e t i to en r , m (i n a t e t h i s C o n t r
(ⅱ) r ejectt G he (ⅲ) doods; isposeo t G f f het a oods o S or
a t a t i m e a n d p r i c e w h i c h
(ⅳ) p u r c h a s e e l s e w h e r e a n d c h a r g e S e l l e r w i t h a n y r
damage, and Seller shall reimburse Buyer for all loss or damage aris
directly or indirectly from such Event of Defaul
limited to any costs and expenses such as dead freight,
obtainable from resale by Buyer of the Goods and damage caused to any
customer purchasing the Goods from Buyer.
The rights and remedies of Buyer hereunder are c
a d d i t i o n t o B ’s
u y reirg h t s , p o w e r s a n d r e m e d i e s e x i s t i n g a t
equity or otherwise.

7. WARRANTY
Seller shall convey to Buyer good and merchantable title to the G
free o a f e ny ncumbrance,
l o s interest. S ien
ellerw r tarrants
ecurity
t
G o o d s s h af lull l yc o n f o r m
to any and all specifications, des
drawings, and data or samples or models furnished to or by Buye
shall be merchantable, of good material and w
from defects, and shall be fit or suitable for the use (s) or p
intended by Buyer.
Buyer shall make all claims, except for latent defects
G o o d s a g a i n s t S e l l e r i n
p r a c t i c a bf tl e r a r r i v a l o f t h e t hGeoifori dn sa la td e s t i n a t i o
u n p a c k i n g a n d i n s p e c t i
Buyer’s customer (s).
S e l l e r s h a l l b e r e s p o n s i b l e f odre lfaetcetnos tf t h e G o o d s a t a n y t i m
a f t e r d e l i v e r y, n o t w i t h s t a n d i n g i n s p e c t i o n a n d a c c e p t a n c e o f
whether b B oy B uyer ’s c ustomer r ( puyer s),t a nrovided o c
shall be made as soon as reasonably practicable after discovery o
defects.
Buyer reserves the right to reject and refuse acceptance of all or part o
any shipment of Goods which are not accordance in with specifications,
descriptions, drawings, date, samples or models furnished to or by Buyer
or with Seller’s express or implied warranties.

8. INDEMNITY
S e l l e r s h a l l d e f e n d , i n d e m n i f y a n d h o l d’s Bcuuyset ro,mBe ur y(es r)
u s e r s o f t h e G o o d s , a n d i t s o
h ar ml e s sf r o m a n d a g a i n sl it a abni yl, i tl yo s s , d a m a g e , p e n a l t
expense anddisbursement(including attorney ’s fees) or personal injury,
death orpropertydamage as aresultof any claim or dispute caused by,
due to or relating, in any way, to the Goods or any defect or malfunction
t h e r e o f o r i annf yr i n g e mo ef n at n y p a, t ternatd e m a r k , u t i l i t y m
design, copyright, mask work or any other intellectual property rights
Japan or in any other country, which inde
termination of this Contract.

9. GENERAL
(1) All disputes, controversies or differences arising out of or in relation
to this Contact or the breach thereof whichcannot be settled by mutual
a c c o r dw i t h o uut n d u e d e l a y s h a l l b e s e t t l e d b y a r b i t r a t i o n
J a p a n , i n a c c o r d a n c e w i t h t h e r u l e s o f
Commercial Arbitration Association. The award of arbitration sha
final and binding upon both parties, and judgmenton such award may
b e e n t e r eidn a n y c o u r t o r t r i b u n a l h a v i n g j u r i s d i c t i o n
Contract s hallb governed e b ya cnd onstrued
i a w nU ccorda
Nations Convention on Contracts for the International Sale
(“C I S”)G a n d t o t h e e x t e n t t h a t a n y q u e s
Contract are not covered by CISG, by reference to the laws of J
The trade terms such as FOB, CFR, CIF, FCA, CPT, CIP, DAT,
a n d D D P s h ai lnl t eb re p r ie nt ae cd c o r d awn ict eh“I N C O T E R M
2010”.
(2) The f ailure
o B a af t uyer t r ft pny ime b S o e
of the terms hereof shall not affect the right of Buyer to e
same. The waiver by Buyer of any breach of any pro
Contract s n bhall construedota sa we aiver
o a succeeding f bnyreacho
such provision or waiver of the provision itself.
(3) T h i s C o n t r accot n s t i t u t et hs e e n t i r e a g r e e m e n t b e t w e e n t h e p a
h e r e t o a n d s u p e r s e d e s a l l p r i o r o r c o n t ecmopmom r aunneioc ua st i o n
o r a g r e e m eo nr t us n d e r t a k i n g s w i t h r e g a r d t o t
hereof. Thi s C ont ra c t m a y not be m odi fi e d or t e rm i nated excep
written agreement of Seller and Buyer.
(4) S e l l e r s h a l l n o t t r a n s f e r o r a s s i g n t h i s C o n t r a c t o r a n y p a
without Buyer’s prior written consent.

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