CONTRACT FOR THE INTERNATIONAL COMMERCIAL

SALE OF AIR FRYER

Contract No: S15-2023/VN-CN

Date: March, 15th, 2023

PARTIES:

Seller
Name: Dongguan Zheimei Electric Appliance Co. Ltd
Legal form: Limited liability company
Country of incorporation and trade register number: China, 91330782MA2DB8R14C
Address: Xi’nan Road, Dongguan, Guangdong, China
Tel: +86 1341-7620-591 Fax: +86 8543 5489
Email: Dougguanzheimei@gmail.com
Bank name: Dogguan Bank
Account No: 2145 1447 8856 6987
Represented by: Mrs Emily Zhang, Head of Import and Export of Dongguan Zheimei
Electric Appliances Co Ltd.

Buyer
Name: Twice Peach Co. Ltd
Legal form: Limited liability company
Country of incorporation and trade register number: Vietnam, 0315555206
Address: 284 Nguyen Tat Thanh Street, Dist. 4, Ho Chi Minh City, Vietnam
Tel: +84 333-984-565
Email: dldtho.dhtm14a6hn@sv.uneti.edu.vn
Bank name: BIDV
Account No: 1991 0000 845 290
Represented by: Mr Johny Dao, Head Of Import and Exporter of Twice Peach Co
Ltd.

Hereinafter: “the Parties”

It has been mutually agreed between the Seller and the Buyer to sign this contract on the
following terms and conditions:
 1. Goods – Quantity – Amount

UNIT QUANTITY Amount (USD)

COMMODITY SPECIFICATION PRICE (100% (CIF Tan
Brand new) Thuan Port)
1400W – 220V
Doungguan Zheimei 4,5 L
Air fryer 100°C-200°C 1000
14.8 USD 14,800 USD
Model JD389 Auto adjust (PCS)
temperature

(In word: Fourteen thousands and eight hundreds USD Dollars only)
ORIGIN: China

2. Packing and marking

 Packing: 303x303x340mm Cardboard Box
 Quantity: 1000 Boxes
 The Seller will develop the boxes using local suppliers with the confirmation from
the Buyer for final/approved bags based on the fact that the Seller sends the bag
sample to the Buyer within 15 days prior to ETD date. In case the Seller fails to
execute his obligation, then he must take all risk and cost arising from or related to
such failure.
 Regarding to the design of the bags, the Buyer shall sent the content to the Seller
within 25 days prior to ETD date. In case the Buyer fails to execute his obligation,
then he must take all risks and costs arising from or related to such failure. The
Buyer shall take all resposibility (risks and costs) on the content of artwork. In case
of any legal action from 3rd parties realted to such content.
 Marking:
Name of goods: Doungguan Zheimei Air fryer Model JD389
Contract No: S15-2023/VN-CN
TWICE PEACH LTD CO, HCM CITY, VIETNAM
CASE NO: 28102002
 Net weight: 3,2kg – Gross weight: 3,5 kg each Box
 Total weight: 3,5 tons
 Origin: China
 Production Date: February 2nd , 2023
 3. Shipment
 Shipment: by sea not later than 30 days from the L/C day.
 Loading port: Shunde Port, China
 Unloading Port: Tan Thuan, Vietnam
 Partial shipment: Not Allowed Transshipment: Allowed
 Within 15 days from B/L date, the Seller has to fax to the Buyer the signed
shipping documents.
1/3 Original B/L plus one set of non- negotiable shipping documents have been sent
directly to the applicant by express courier within 21 days from B/L date.

4. Payment
 The Buyer is required to open the Letter of Credit (L/C) no later than 15 days after
signing the contract. Payment shall be made prior to the scheduled delivery date,
not later than 5 working days from the date the Buyer receives notification of the
readiness of the L/C at the bank. It is important to adhere to this specific timeline
to ensure timely payment and avoid any delays in the scheduled delivery of the
goods or services.
 The total contract value is 14,800 USD (Fourteen thousand eight hundred US
dollars), calculated on a CIF (Cost, Insurance and Freight) basis to Tan Thuan Port,
Ho Chi Minh, under Incoterm 2020.
 Beneficiary: Dongguan Zheimei Electric Appliance Co. Ltd
 Bank information: Dongguan Bank
 Address: No.21 Tiyu Rd., Guancheng Dist., Dongguan, Guangdong 523011, CN
 Account No: 2145 1447 8856 6987
 Swift Code: PGBLVNVX
 Routing: 074000078

4. Documents
Required shipping documents:
 Full sets (3/3) of Bill of Lading
 03 Originals of Commercial Invoice.
 03 Originals of the Packing list.
 03 Originals of Certificate of Origin
 03 Originals of Certificate of quality.
 03 Confirmations of seller's notice to Buyer regarding shipping details.
 03 Techical Analysis Certification

5. Inspection
If the goods have to be inspected a representative from the forwarder have to be
present as a representative of Asia Inspection Services Co., Ltd. The Buyer will take
care of the Inspection fee.
 6. Warranty
The goods supplied by the Seller under this contract are guaranteed against defects in
workmanship or materials for the period of 12 months from the B/L date.

7. Force Majeure
The contracting parties are not responsible for the non-performance of any contract
obligation in case of usually recognized force majeure. As soon as occurred the condition
under which force majeure has been invoked i.e extra ordinary, unforeseeable and
irresistible event, a cable or telex should be sent to the to the other party for information.
A certificate of Force Majeure issue by the competent Government Authorities will be
sent to the other party within 07 (seven) days. Beyond this time, force majeure
circumstance shall not be taken into consideration.

8. Penalty
 In the event that the Seller fails to deliver the goods under this contract on due
time, the Buyer will have the right to penalty in the amount equivalent to 1% of
delayed portion value per a week of delay but totally not exceed 3% total value
contract. Telegraphic transfer to the buyer’s Bank shall effect payment for the
penalty at the same time.
 In the event that the Buyer late for payment, the Seller will have the right penalty
in the amount equivalent to 1% of delayed portion value per a week of delay but
totally not exceed 3% total value contract. Telegraphic transfer to the Seller’s Bank
shall effect payment for the penalty at the same time.

9. Arbitraction

In case of dispute, it is first mutually discussed of the basic of mutual respect and
benefits. if it is beyond discussion, the case shall be referred to Thailand International
Arbitration Center next to the Chamber of Commerce and Industry of Thailand in Bang
Kok City. The decision of this Center shall be final and binding upon parties. The
arbitration fees shall be born by the losing party.
 10. Commons Terms

The contract is made in 3 copies for the Seller, the Buyer and the Bank.
This contract is valid for 1 year from the date of signing, any amendments or supplements
to these conditions will only take effect if it is made in writing with valid signatures of
bothparties

FOR THE SELLER FOR THE BUYER

Emily Zhang Johny Dao