DONG NAM NGUYET Co.,LTD SOCIALIST REPUBLIC OF VIETNAM
Independence – Freedom – Happiness
No: ………………………………./HDKT-DNN
CONTRACT
- – Based on all relevant current laws of Vietnam.
- – Today the 1 December 2006, we are:
Party A: DONG NAM NGUYET COMPANY, REGISTERED IN VIETNAM
MST : 0301425736
Address : 298, Khuong Viet, P Phu Trung, Q. Tan Phu, HCMC.
Telephone : 08. 9733987 – 9733988 Fax :08. 8607613.
Bank Account : 683469 – Ngaân haøng Thöông maïi Coå phaàn AÙ Chaâu (ACB).
Represent by :Mr. Do Duc HuuPosition: Director
Party B:
MST :
Address :
Telephone :Fax :
Bank Account :
Represent by :Position:
After discussion and past business co-operation we agree to the following conditions:
Article 1: Name, quantity, size, and price of products.
Name, quantity, size and price of label products to be printed will be specified in each purchase order to be sent by Party B.
Article 2: Quality of products
Products deliver to Party A must be 100 satisfactory to Party B. Labels printed by Party A must be able to within stand 6 months without colour fading. The label adhesive must be strong and maintain its stickiness for the same duration.
In the case Party B discovers faults with the products during inspection, Party A agrees to resolve any arising problems within seven (7) days from the date Party A received the complaints.
Article 3: Placing order and products delivery
Party B can place order by phone, fax, or email. In the case orders are placed by phone, Party B undertake to confirm in writing at a later date. Party A shall deliver products on time and at locations designated by Party A within Ho Chi Minh City. In the case the delivery locations are outside Ho Chi Minh City, this must be agreed ahead by both Parties.
Article 4: Method of payments
After Party A delivered the products to Party B with full set of documentations including:
- Delivery Notes
- Invoice (fully conforming to VAT laws of Vietnam)
Party B shall arrange to make payment within the prior agreed period or not exceeding 30 days from the invoiced date to the account below:
Account Name: Cong Ty TNHH TM Dong Nam Nguyet
Account No: 683469
Bank Name: Ngan Hang Thuong Mai Co Phan A Chau (ACB Bank).
Article 5: Common conditions
This contract is valid for one (01) year from the date signed by both parties. Unless either Party issue a termination in writing of this contract 60 days ahead of the expiry date, it shall be deemed to remain effective until terminated in writing. In the case of termination, both sides shall settle all outstanding matters amicably. If there are problems arising from this contract or its implementation, both sides shall sit down and discuss and resolve matters. In the case matters can not be resolved, then the Economic Court of Vietnam shall be the reference for settlement.
This contract consist of four copies, two (02) in Vietnamese and two(02) in English. Each party shall retain one copy of each language. If there are differences between the two language versions then party A has the choice of which version shall be referenced.
Party A Representative Party B Representative
KThư