PURCHASE AGREEMENT

EX-10.1 6 ex_10-1.htm PURCHASE AGREEMENT ex_10-1.htm - Generated by SEC Publisher for SEC Filing  

PURCHASE AGREEMENT

 

This purchase agreement (the "Agreement")

dated this 23th day of December, 2016

 

 

 
 
 

BETWEEN:

 

(the “Seller”) of the first part:

YUEQING SWAI ELECTRONIC CO.,LTD.

(1127, Li Cheng Zhen Chang Le Xi Lu, Jinhu County, Huai'an City, Jiangsu Province, 211600, China)

 

AND

 

(the “Buyer”) of the second part:

CHEE CORP.

Environmental Protection District, Building 15, Unit 3, Room 302, Haiyang City, 265100, China.

 

 
 
 

 

 


                                        

 

IN CONSIDERATION OF THE COVENANTS and agreements contained in this Purchase Agreement the parties to this Agreement agree as follows:

 

Purchase of Goods

The Buyer will purchase from the Seller the following goods (the “Goods”): milling - engraving CNC machine, OAK wood, elastic band, fabric roll, Kraft paper, wood varnish.

 

Purchase Price

1)          The Seller will sell, transfer and deliver the Goods to the Buyer. The Buyer will pay to the Seller the sum in USD currency, which will be specified in the invoice to each order of the Goods by the Buyer, paid by wire transfer as required in clause 3 of this Agreement.

 

2)          The Buyer has the right to pay owned amount to the Seller in parts.

 

3)          The Buyer will make payment by wire transfer for the Goods at the time when the Goods are received by the Buyer or, in the alternative, when any document of title or registrable Bill of Sale of the Goods, bearing any necessary endorsement, is tendered to the Buyer.

 

Delivery of Goods

4)          The Goods will be deemed received by the Buyer when delivered to the Buyer at Guo Fu Center, No. 18 Qin Ling Road, Laoshan District. Qingdao, 266000, China. The method of shipment will be door-to-door shipment, from the warehouse of the Seller to the place of delivery of the Buyer, specified as DDP (Delivered duty paid) in accordance to Incoterms (International Commercial Terms 2010, CC. Retrieved March 14, 2014). The Seller will be responsible for all shipping services until the goods will be deemed received by the Buyer.

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PURCHASE AGREEMENT CHEE CORP.


 
 

 

Risk of Loss

5)          Risk of loss will be on the Seller until the goods will be deemed received by the Buyer.

 

Warranties

6)          The Seller assumes and can authorize other person to assume on the behalf of the Seller liability in connection with the sale of the Goods.

 

7)          The Buyer has been given the opportunity to inspect the Goods or to have it inspected. Further, the Seller warranties acceptable conditions of the Goods.

 

Title

8)          Title to the Goods will remain with the Seller until delivery and actual receipt of the Goods by the Buyer or, in the alternative, the Seller delivers a document of title or registrable Bill of Sale of the Goods, bearing any necessary endorsement, to the Buyer.

 

Security Interest

9)          The Seller retains a security interest in the Goods until paid in full.

 

Inspection

10)       The Buyer will make inspection at the time and place of delivery.

 

Claims

11)       The Buyer's failure to give notice of any claim within 10 days from the date of delivery will constitute an unqualified acceptance of the Goods and a waiver by the Buyer of all claims with respect to the Goods.

 

Excuse of Delay or Failure to Perform

12)       The Seller will be liable in any way for any delay, non-delivery or default in shipment due to labor disputes, transportation shortage, delays in receipt of material, priorities, fires, accidents and other causes beyond the control of the Seller or its suppliers. If the Seller, in its sole judgment, will be prevented directly or indirectly, on account of any cause beyond its control, from delivering the Goods at the time specified or within one month after the date of this Agreement, then the Seller will have the right to terminate this Agreement by notice in writing to the Buyer, which notice will be accompanied by full refund of all sums paid by the Buyer pursuant to this Agreement.

 

Cancellation

13)       The Seller reserves the right to cancel this Agreement:

 

                                               I.        If the Buyer fails to pay for any shipment when due;

 

                                             II.        In the event of the Buyer's insolvency or bankruptcy; or

 

                                          III.        If the Seller deems that its prospect of payment is impaired.

 

Notices

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PURCHASE AGREEMENT CHEE CORP.


 
 

14)       Any notice to be given or document to be delivered to either the Seller or Buyer pursuant to this Agreement will be sufficient if delivered personally or sent by prepaid registered mail to the address specified below.

 

 


SELLER:

1127, Li Cheng Zhen Chang Le Xi Lu, Jinhu County, Huai'an City, Jiangsu Province, 211600, China.

 

BUYER:

Environmental Protection District, Building 15, Unit 3, Room 302, Haiyang City, 265100, China.

 

 


General Provisions

 

15)       Headings are inserted for the convenience only and arc not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.

 

16)       All representations and warranties of the Seller contained in this Agreement will survive the closing of this Agreement.

 

17)       The Buyer may not assign its right or delegate its performance under this Agreement without the prior written consent of the Seller, and any attempted assignment or delegation without such consent will be void. An assignment would change the duty imposed by this Agreement, would increase the burden or risk involved and would impair the chance of obtaining performance or payment.

 

18)       This Agreement cannot be modified in any way except in writing signed by all the parties to this Agreement.

 

19)       This Agreement will be governed by and construed in accordance with the laws of the State of Nevada, USA.

 

20)       If any clause of this Agreement is held unconscionable by any court of competent jurisdiction, arbitration panel or other official finder of fact, the clause will be deleted from this Agreement and the balance of this Agreement will remain in full force and effect.

 

21)       This Agreement will inure to the benefit of and be binding upon the Seller and the Buyer and their respective successors and assigns.

 

22)       This Agreement may be executed in counterparts. Facsimile signatures are binding and are considered to be original signatures.

 

23)       Time is of the essence in this Agreement.

 

24)       This Agreement constitutes the entire agreement between the parties and there are no further items or provisions, either oral or otherwise.

 

 

 

III

PURCHASE AGREEMENT CHEE CORP.


 
 

IN WITNESS WHEREOF the parties have executed this Purchase Agreement on this 23th day of

December, 2016.

 

 

          

     The “Seller”                                                                                      The “Buyer”

 

 

/s/ Luan Man

/s/ Jiang Da Wei

YUEQING SWAI ELECTRONIC CO., LTD.

CHEE CORP.

1127, Li Cheng Zhen Chang Le Xi Lu,

Environmental Protection District,

Jinhu County, Huai'an City,

Building 15, Unit 3, Room 302

Jiangsu Province, 211600, China.

Haiyang City, 265100, China.

 

 

 

 

 

 

 

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PURCHASE AGREEMENT CHEE CORP.