Purchasing Contract Between Buyer and Supplier for Material Delivery
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Purchase Agreements
Summary
This contract is an agreement between a buyer and a supplier for the purchase and delivery of specified materials. The contract outlines the material description, pricing, delivery terms (door-to-door by truck), and payment terms (cash on delivery or net 30 days). The buyer will inspect the materials upon delivery, and the final amount will be based on the actual quantity received. Disputes are to be resolved through consultation, with options for arbitration or court action in Guangdong. Both parties retain a signed copy of the contract.
EX-10.11 12 v209485_ex10-11.htm Unassociated Document
Purchasing Contract
Contract No.:
Buyer:
Supplier:
The buyer and the supplier have reached agreement on purchasing the following material, and agree signing this contract.
1. | Description of material |
Description | Unit Price | QTY | Amount |
Total: |
2. | Date: |
3. | Delivery:Door to Door |
4. | Shipping: trucks |
5. | Quality and inspection: The material delivered must meet the quality as descripted above; the buyer inspects the material based on the detailed description provided by the supplier. |
6. | Final contract amount shall be determined by the actual quantity delivered. |
7. | Payment term: COD. (or net 30 days) |
8. | Liability for breach of contract:Shall be negotiated based on the actual factors and agreed by both parties. |
9. | Period of filing an opposition is 15 days. |
10. | Method of settling the dispute over this contract will be one of the followings: |
| 1) | Any disputes arising from the contract shall be solved through consultation. In case no resolution is reached, either party can bring arbitration to the Guangdong Provincial Arbitration Committee. |
| 2) | Any disputes arising from the contract shall be solved through consultation. In case no resolution is reached, either party can bring a lawsuit before the Guangdong provincial court. |
11. | Other matters not mentioned in this contract will be listed on supplementary agreement. |
12. | There are two copies of this contract. The buyer and the supplier hold one of each copy. |
Buyer: Address: Tel: Signature: Company Seal | Supplier: Address: Tel: Signature: Company Seal |