SALES CONTRACT

No: ………………………………
Date: 25/ 11/ 2023

SELLER: ALIED DEVELOPMENT COMPANY

Address: 101 PHAN DINH PHUNG ST. DONG XOAI DIST., BINH DUONG PROVINCE, VIETNAM
Tel: 0945338186
A/C No: 101004177658 – VIETINBANK – CN1
Represented by: Mr. Mai Van Thanh – Vice Director

BUYER: MUNICH GERMAN COMPANY

Address: 123, MUNICH ST, BERLIN, GERMANY
Tel: 0622222222
A/C No: 010101010234 – GM.BANK
Represented by: Henry Musk

Buyer and Seller have agreed to buy and sell commodity pursuant to the terms and
conditions as follow:
1. COMMODITY: CASHEW KERNELS

2. SPECIFICATION:
- Products are all processed and eatable
- Class 1: No junk in products
3. QUANTITY: 100 MT (net)
4. UNIT PRICE:
USD 12,428.35 / MT CIF Vung Tau Port, Incoterms 2010
5. TOTAL:
USD 1,242,835 CIF
Say in:
US Dollar One million two hundred forty two thousand eight hundred thirty five
6. SHIPMENT:
1) The shipment within 25 November, 2023
2) Unless otherwise specified, the product shall be loading on CIF terms
3) Loading port: Vung Tau port, Vietnam
4) Destination port: Port Hamburg, Germany
7. PACKING:
…………………………………………………………………………………………………………………………………
……………………………………………………………………………………………………………………………………………………
…
8. PAYMENT:
Payment by irrevocable L/C at sight for 100% of invoice value
- Issuing bank: GM Bank
Address: 123, MUNICH ST, BERLIN, GERMANY
Tel: 0622222222
A/C No: 010101010234
Represented by: Henry Musk
- Notifying bank: Vietinbank – CN1
Address: 101 PHAN DINH PHUNG ST. DONG XOAI DIST., BINH DUONG PROVINCE, VIETNAM
Tel: 0945338186
A/C No: 101004177658
Represented by: Mr. Mai Van Thanh – Vice Director
9. DOCUMENT REQUIRED:
- Full set of clean on board Ocean Bill of Lading (3 original and 3 copies NON-NEGOTIABLE).
- Signed Commercial Invoice in 3 original and 3copies. Packing List in 3 original and 3copies.
- Certificate of Quality and Quantity/Weight/container cleanliness in one original & 3 copies issued by an
independent surveyor.
- Shipping Advice fax to Purchaser within 3 working days after the vessel sailing from port of shipment
advising shipment details, name of Vessel, Value of goods, ETA, shipped weight and quantity, description
of goods, port of shipment and port of discharge.

10. INSURANCE:
- Insurance covered by the seller (ALIED DEVELOPMENT COMPANY)
-Covering 100% of invoice value within claim payable in 25 November, 2023
11. ARBITRATION:
-In case of dispute and if the contract patties can not reach an amicable settlement of any claim/dispute
concerning this contract, the case shall be transferred to ALIED DEVELOPMENT COMPANY for final
settlement.
-The losing party will bear all fees and expenses incurred in the arbitration.
12. PENALTY:
-In case of delay shipment for more than 14 days /delay payment happens, the penalty for such delay
will be based on annual interest rate of 5%
-If the seller or the buyer want to cancel the contract, 10% of total contract value will be charged as
penalty to that party.
13. COMMON TERMS:
- This contract is made in Berlin Germany in English originals, MUNICH GERMAN COMPANY for the Buyer
and ALIED DEVELOPMENT COMPANY for the Seller, having the same value and effect from signed
contract.
- Any amendment and additional clause to these conditions shall be valid only if made in writing form
and confirmed by both parties.

ON BEHALF OF THE SELLER ON BEHALF OF THE BUYER