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Moon Over Perfume - L'Olive Provencale SAS Contract
Moon Over Perfume - L'Olive Provencale SAS Contract
No: 281120/MOPR-LOPS
This Sales Contract (the "Contract") is entered into on November 28th, 2020 (the "Effective
Date"), by and between:
Moon Over Perfume Restaurant Company, a company incorporated under the laws of
Vietnam.
Address: No.05 Le Loi Street, Vinh Ninh ward, Hue City, Thu Thien Hue province
Business registration number: 0123498576
Legal representative: Nguyen Nhi
Bank account: 0611001572718
Bank name: Joint Stock Commercial Bank for Foreign Trade of Vietnam
SWIFT code: BFTVVNVX
(hereinafter referred to as the "Buyer")
and
ARTICLE 2 - PAYMENT
2.1 Payment Amount and Currency: Total payment under this contract shall be EUR 4,400. All
payments shall be made in Euros.
2.2 Payment Method: All payments shall be made via telegraphic transfer to the Seller's
designated bank account.
2.3 Payment Schedule:
100% of payment shall be made by the Buyer after delivery and successful inspection and
quality approval of the Products as per Article 4 below:
a) A provisional invoice for the full value of the contract shall be submitted by the Seller upon
shipment of the goods.
b) Upon arrival of goods at Hue port, quality inspection shall be conducted as per Article 4 by
the Buyer.
c) Upon receipt of notice of quality acceptance from the Buyer, a final invoice shall be presented
by the Seller.
d) 100% payment shall be made by the Buyer to the Seller within 15 days after the date of final
invoice under point (c) above through telegraphic transfer.
ARTICLE 8: INSURANCE
CIF 01 Yet Kieu, Tho Quang, Sơn Tra, Da Nang, Viet Nam Incoterms 2020
8.1 Insurance: Under CIF (Cost, Insurance, and Freight) terms, the seller is obligated to arrange
and sign an insurance contract for the exported goods, typically with a minimum coverage of
110% of the goods' value.
8.2 The goods must be insured by a legally established insurance company that is capable of
insuring all risks associated with the goods.
8.3 Insurable Risks: Any physical loss or damage caused by external factors, including risks of
war, civil unrest, and civil commotion (for countries with a high risk of war, violence, and civil
unrest, it is necessary to require these types of insurance).
8.4 IN WITNESS WHEREOF, the Parties hereto have executed this L’Olive Provencale SAS
Sales Contract as of the Effective Date.
[Signature] [Signature]
Pierre Leroux Nguyen Nhi