SALES CONTRACT
No. 211203/MOPR-MLS
Date: Dec 03, 2021
BETWEEN
MOON OVER PERFUME RESTAURANT COMPANY
AND
MAPPLE LEAF SUGAR COMPANY LTD.
1. The Parties:
THE BUYER: MOON OVER PERFUME RESTAURANT COMPANY
Address: 01 Nhat Le, Thuan Thanh, Hue city, Thua Thien Hue, Vietnam
Tax code: 0110224466
Tel: +84 (0) 234 567 8999
Fax: +84 (0) 234 567 8998
Representative: Ms. Nguyen Nhi Title: Director
THE SELLER: MAPPLE LEAF SUGAR COMPANY LTD.,
Address: 123 Burrard St, Vancouver, British Columbia, Canada
Tel: +1 604-123-6789
Fax: +1 604-123-6788
Representative: Mr. Deborah McMahon Title: Director
2. Definitions:
- Day : A division of time, consists of twenty-four hours, from Monday
to Sunday.
- Business day : a day, other than a Saturday, a Sunday or a public holoday, on
which banks are generally open in Vietnam and/or Canada for
general business.
3. Conditions of effectiveness:
- The Contract shall be effective upon the date of signing by both parties
- Upon signing on this contract, the Buyer shall pay a security deposit equivalent to 10%
of total contract amount, which is: CAD 450 (in words: Canadian Dollars four hundred
and fifty)
4. General Obligations:
4.1. Product, Quantity, Price
Total amount
Unit price
No. Product Description Unit Quant (after discount)
(CAD)
(CAD)
Mapple syrup – Sugar Loaf –
1 500ml/bottle Bottle CAD 9 500 CAD 4,500
(medium quality, upper-end)
CAD 4,500
Total CIF HUE, VIETNAM (In words: Canadian Dollars four
thousands, five hundred)
4.2. Packaging & Labeling
- The product shall be packed in transparent glass bottles.
- The packaging shall be included “Product of Canada” to highlight the origin of
the syrup, besides the standard labeling.
- The product shall be packed in standard seaworthy packaging.
4.3. Inspection of Product
- The sample product (01 bottle of Mapple Syrup – Sugar Loaf) shall be sent to the
Buyer to check the product quality 60 days prior the delivery date mentioned in
Point 4.4 of this Contract. Upon approval of the Buyer on the product quality, the
shipment shall be delivered to the Buyer by April 1, 2022.
- Upon arrival in Vietnam, the product shall be inspected by the Plant Protection
Department in Vietnam for the Certificate of Food Safety. This procedure shall
take up to 10 days for the result.
- The product quality shall be approved the Buyer based on the sample product
sent beforehand.
- If the product is not approved for the Certificate of Food Safety and/or not
approved by the Buyer because of its quality, the Buyer shall report to the Seller
within 15 days from the arrival date. Whenever such claim is proved as the
Seller’s responsibility, the Seller shall take necessary action to compensate for
the Buyer’s loss and bear all related expenses.
4.4. Conditions of Delivery
- The partial shipment is allowed according to the following timeline:
+ 1st Delivery: by Apr 1, 2021 – 50% of this total contract
+ 2nd Delivery: before Aug 1, 2022 – 50% of this total contract
- Shipping terms: CIF HUE, VIETNAM
- Shipping notice: within 3 business days after dispatch of product, the Seller shall
notify the Buyer details of shipment by fax and email.
- Early shipment is allowed with shipping notice prior 15 business days of ETD.
- Demurrage free time (DEM) is 10 days
- Shipping insurance shall be bought from International Insurance company
which has its branches in depature country which is Canada and arrival country
which is Vietnam and shall be agreed by both Parties.
4.5. Taxes and Duties
- All taxes and duties included but not limited to government tax on services,
import tax inccurred in the Buyer’s country during the effectiveness of this
contract.
5. Payment Obligations:
5.1. Payment
- 10% of the total amount shall be made within 20 business days upon the signing
of contract as a security deposit
- 40% of the total amount shall be made within 20 business days upon the receipt
of Bill of Lading of the 1st shipment
- The remaining 50% of the total amount shall be made within 20 business days
upon the receipt of Bill of Lading of the 2nd shipment
The Seller’s Bank Account information:
- Bank Account no.: 001122334455
- At: Canadian Imperial Bank of Commerce – Vancouver branch
- SWIFT code: CIBCCATT
5.2. Currency
Currency applied in this contract is Canadian Dollar. All bank transfer fee shall be
born to the Buyer.
5.3. Required documents for payment:
- 03 original and 03 copies of Bill of Lading
- 03 original of Commercial Invoice
- 03 original of Packing list
- 03 original of Certificate of quality and quantity of the Seller
- 01 original and 01 copy of Certificate of Origin issued by Chamber of Commerce
in Canada
- Insurance certifcate cover 110% of total value contract
