SALES CONTRACT

No. HPG-MK/02-20xx
Date Oct 3rd , 20xx
Validity date: Jun 30th, 20xx

Between MK COMPANY
Represented by: Nguyen MK Director
Add: xxx, Ton Duc Thang Str, Le Chan Dist., Hai Phong City
Tel: 0225.xxxxxx Fax: 0225.xxxxx

The Seller: HP GROUP CO., LTD, General Pharm. Factory.

Add. : xxx Xuefu Road, Nangang Dist, Harbin xxxx, China
Tel: 86 451 xxxxx Fax: 86 451 xxxx
Represented by: Li Gang
Hereinafter called 'THE SELLER'.

This contract is made out and between the buyer and the seller hereby the buyer agrees to buy and the
seller agrees to sell the under-mentioned goods subject to the terms and conditions as follows:
1. DESCRIPTION OF GOODS, QUANTITY, UNIT PRICE AND AMOUNT:

No. Description of goods Quantity Unit Price Amount

(boxes) (USD)
+/-10% CIF HP
JELOTON Tab 3,800 boxes 5.5 20,900.00
1 (Ginkgo biloba extract 40mg) + 1,200 boxes as
Visa No: VN-17693-14 FOC
TOTAL 5,000 boxes 20,900.00 USD

a. Total amount of the contract: USD 20,900.00

Says: US Dollars Twenty Thousand Nine hundred only ./.
b. The above mentioned price is understood as CIF Hai Phong, Vietnam (Incoterms 2010).
c. The actually shipped quantity of the goods can be  10% and the actual contract value will depend on
the actually shipped quantity.

2. COUNTRY OF ORIGIN AND THE MANUFACTURER:

a. Country of Origin: Korea
The Manufacturer: New Gene Pharm INC
b. Shelf life: 3 years
3. QUALITY OF THE PRODUCT:
a. Each carton box contains 10 blisters and inserts paper inside in Vietnamese. The carton label,
blister label and the content of the insert paper must comply with those registered with The Vietnam
Ministry of Health.
b. Fresh product (not over 2 months till B/L date) in conformity with the standard of manufacturer’s
specification and the standard registered with Vietnam Ministry of Health. Expiry date : 3 years
from manufacturing date.
c. The manufacturer must be certificated to meet the standard of Good Manufacturing Practice (GMP)
and ISO 9002 and the products must have the license issued by the Country of manufacturing for
circulation.
d. Batch size: 1 batches.
e. The Seller has to responsible for the quality of products during their shelf-life.

4. PACKING:
a. The goods must be packed in accordance with the international seaworthy export standard packing.
There must be name of commodity, origin, manufacturer, manufacturing date, expiry date, lot number,
on all kind of packings and Labels in English and Vietnamese. Labels must be in accordance with the
stipulations of MOH in Vietnam for medicines and cosmetics The manufacturing date and expiry date
must show fully the day, month and year.
5. SHIPMENT: 1 shipment
a. Ship date : The cargo will be shipped by Apr 20xx
b. Ship mode : By sea
c. Destination : Haiphong port
d. Loading : Any Korea port
e. Transshipment: Not Allowed.
f. Partial shipment: Not allowed.
g. Notice of shipment: Within 05 days from the shipment date, the Seller must fax to the Buyer the
following shipping documents: Invoice, Bill of Lading and Detailed Packing List and inform the
Buyer with following information:
o Port of loading and port of destination
o Date of shipment
o Estimated Time of Arrival (ETA)
6. SHIPPING MARK:
MK COMPANY (MK CO., LTD)
CONTRACT NO.: HPG-MK/02-20xx
NAME OF PRODUCT:
VIETNAM VISA NO.:
BATCH NO.:
MANUFACTURING DATE:
EXPIRY DATE:
QUANTITY:
NAME OF MANUFACTURER:
ORIGIN:
WEIGHT (NET, GROSS):
7. PAYMENT:
a. The payment will be made by an irrevocable, transferable L/C at sight for 100% invoice value,
established through a prime bank, freely negotiable with any bank, in favor of:
In favor of : KKC CORPORATION CO., LTD.
3rd Floor, KDU Tower, 70, Jeongui-ro, Songpa-gu, Seoul Korea
TEL : 82-2-3401-xxxx FAX : 82-2-3401-xxxx

* Advising Bank :
WOORI BANK SUSOYOK BRANCH
713 SUSEO-DONG, GANGNAM-GU, SEOUL, KOREA
TEL : 82-2-22260333
ACCOUNT NO.: 1081-400-xxxxxx
SWIFT CODE: HVBKKRSEXXX

b. Document required:

- 3/3 set of original B/L shipped on board made out to order of opening bank, marked “FREIGHT
PREPAID” and notify the applicant, indicate the name of the product, invoice and contract
number and the L/C number, and notify the buyer.
- Signed Commercial invoice in triplicate
- Detailed Packing list in triplicate.
- 02 originals of insurance policy/certificate covering “ALL RISKS” for 110% of invoice value
showing claim payable in, Vietnam.
- 01 original certificate of origin issued by the Korean International Chamber of Commerce and
Industry.
- 03 Originals of Analysis Certificate issued by the Manufacturer for the lots concerned,
Manufacturing date and Expiry date are to be recorded on respective analytical reports.
- Original Notice of Delivery issued by the Seller
Third party’s documents are acceptable.

8. INSURANCE:
Insurance will be covered by the seller. Insurance Policy/Certificate covering for 110% of invoice value
in invoice currency showing claim payable at Hanoi, Vietnam and the name of product, number and
date of Invoice and Policy/Certificate issued.

9. PENALTY:
In case of delay on payment/shipment, the penalty for the delay interest will be based on annual rate of
15% of contract amount.
10. INSPECTION:
The buyer will be entitled to have the goods inspected by Vinacontrol at the port of destination. If any
discrepancy arises out in respect of quality or quantity or packing conditions, the buyer will inform the
seller by fax about that effect. Then, within 60 days from the date of discharging, the buyer will lodge a
formal claim with supporting documents. Such claim will be settled by the seller within 30 days upon
receipt of the buyer's formal claim.
11. ARBITRATION:
All disputes arisen from or related to this contract shall be settled by amicable consultation between two
parties. In case no settlement can be reached, each party is entitled to submit the relevant disputes to the
Vietnam International Arbitration Centre at the Chamber of Commerce and Industry of Vietnam,
subject to Incoterms 2010. The decision of said Arbitration shall be final and binding both parties of this
contract. The fees for arbitration and/or other charges shall be borne by the losing party, unless
otherwise agreed.
12. OTHER CLAUSE:
a. This contract is subject to INCOTERMS 2010.
b. Any change to this Contract No. HPG-MK/02-20xx shall be only in written form and as agreed by
both parties.
c. This contract has been made in 04 copies of equal validity in English. Each party keeps 02 copies of
the same value.
d. This commercial contract comes into effect from the signing date.
e. Seller will take full responsibility in case goods reaching Viet Nam after after the license expiration
date

FOR THE SELLER FOR THE BUYER