Sales Contract 合同 Sales Contract The Buyer: 1 C ontract No.: KRS-UNION090617 Contract Date: 3 The Seller: 2 This contract is made by and between the Buyer and Seller, whereby the Buyer agrees to buy and the Seller agrees to sell the under-mentioned commodity according to the terms and conditions stipulated below : 1. Commodity & Specification Quantity Unit Price (USD) & Trade T erms Amount (USD) 5 4 6 7 8 Total: 6 8 2. T otal Value: 9 3. Packing: 10 4. Shipping Mark: 11 5. Time of shipment : 12 6. Port of Loading & Destination: 13 7. Insurance: 14 8. Terms of P ayment: 15 9. Documents Required for Payment: All shipping documents shall be made in a version identical to that used in the contract and consist of: 16 All the above documents shall be sent directly to the Buyer by express to the following address: Union Precision Associate Co., Ltd . 81 Ladprao 71 Wangthonglang, Bangkok, Thailand 10310 10. Force Majeure In case of late delivery or non-delivery due to Force Majeure, the time of shipment might be duly extended, or alternatively a part of or whole of this contract might be cancelled, but the seller shall advise the Buyer of the occurrence mentioned above and send the Buyer for its acceptance occurrence a certificate issued by the surveying institute where the accident occurs as evidence thereof within 14 days. I n case the accident lasts for more than 4 weeks, the Buyer shall have the right to cancel this order. 11. Settlement of Disputes Any dispute arising from or in connection with this contract shall be submitted to China Arbitration Commission for Arbitration in accordance with the existing rules of arbitration. T he arbitral award is final, and binding upon both parties. The Buyer The Seller Union Precision Associate Co., Ltd Tianjin KRS Valves Co., Ltd A. (FOB TIANJIN CHINA) B. US$ 21 375 C. Union Precision Associate Co., Ltd 81 L adprao 71 W angthonglang , Bangkok, Thailand 10310 1 D. 1) 3/3 original Clean on Board Ocean Bill of Lading made out to order of the Buyer, marked “freight collect”, and notify the Buyer 2) 3/3 signed Proforma Invoice 3) 1 Original + 2 copies Certificate of GSP Form A issued by China Entry-exit Inspection and Quarantine Burea u 4) 3/3 Packing List E. USD Twenty-one Thousand Three Hundred and Seventy-five Only. F. 25 PCS G. Wafer Type Butterfly Valve H. Tianjin KRS Valves Co., Ltd No. 3 Road, Jiuyuan Industrial Park, Baodi District, Tianjin301802.P.R.China Tel: 86-22-22401708 Fax: 86-22-22401869 I. At the end of July 2009 J. June/17, 2009 K. UNION / BANKOK / NO. 1-5 L. To be covered by the Buyer M. From Xingang, Tianjin China to Bangkok Thailand . With partial shipment and transshipment not allowed. N. To be packed in new strong wooden case(s) , 5 PCS packed in one wooden case O. US$ 855 P. 30% T/T in advance, 70 % T/T before sending Bill of L ading