International Sales Contract

This International Sales Contract ("Contract") is made and entered into on May 15, 2024, by
and between:

Seller:
Name: Russian Export Corporation
Address: 12 Red Square, Moscow, Russia
Country: Russia
Contact Information: +7 123 456 7890, export@russianexport.in

Buyer:
Name: Indian Import Pvt. Ltd.
Address: 45 Industrial Estate, New Delhi, India
Country: India
Contact Information: +91 987 654 3210, import@indianimport.in

1. Subject Matter of the Contract

This Contract is for the sale and purchase of industrial machinery.

2. Description of Goods
- Product: CNC Milling Machines, Model X200
- Quantity: 80 units
- Quality: Compliant with ISO 9001 standards
-Manufacturing Year: 2024

3. Delivery Term
- Transportation: By sea from Port of Saint Petersburg, Russia to Port of Mumbai, India
- Delivery Date: On or before September 30, 2024
- Risk Transfer: When delivered to the carrier at the Port of Saint Petersburg

4. Payment Terms
- Total Price: USD 2,000,000
- Advance Payment: 30% (USD 600,000) upon signing
- Balance Payment: 70% (USD 1,400,000) upon delivery and receipt of Bill of Lading
- Payment Method: Bank transfer to Sberbank of Russia, Account Number: 1234567890, SWIFT/BIC:
SABRRUMMXXX

5. Discharge of Contract

Both parties will be released from obligations once the goods are delivered and the payment is
completed.

6. Dispute Resolution
- Negotiation: First attempt to resolve any disputes through negotiation.
- Mediation: If unresolved, disputes will be mediated by the International Chamber of Commerce (ICC).
- Arbitration: If still unresolved, disputes will be arbitrated in Geneva, Switzerland, in English.
- Governing Law: United Nations Convention on Contracts for the International Sale of Goods (CISG).

7. Miscellaneous
- Entire Agreement: This Contract is the entire agreement and overrides all previous agreements.
- Amendment: Changes must be in writing and signed by both parties.
-Notice: Notices must be sent by registered mail or courier to the addresses specified.
- Force Majeure: Neither party is liable for delays due to uncontrollable events like natural disasters or
war.

IN WITNESS WHEREOF, the parties hereto have executed this Contract as of the day and year first
above written.

Seller:
Pedro Ivanov
Director
Russian Export Corporation

Buyer:
Harshit Kumar
Managing Director
Indian Import Pvt. Ltd.
Witnesses:

Olga Petrov Rossuw

Ashra Sharma