Our Ref: AH-7851/KN/0161533 DATE: _ _/_ _/20_ _
Your Ref: _ __ __ __ __ __ __ __ _
SALES/PURCHASE CONTRACT FOR COPPER WIRE SCRAPS
First Party (Seller): BEST METAL TRADE . EAST AFRICA
Magadi Rd, Athi River, P.O. Box: 18638 -00500 Kenya
Second Party (Buyer): …
Whereas the first party (hereinafter referred to as “seller”) is registered in Kenya under the
prevalent laws for trading activities in metal products and general commodities. The second
party (hereinafter referred to as “Buyer”) is a company having its corporate office as above for
manufacturing/ trading activities.
Both the seller and the buyer have agreed to do the business activities under this Contract for
copper wire scrap as per the terms and conditions enumerated as under:
1. Futures
1.pure copper scrap
2.Good fatigue/abrasion/corrosion resistance
3.Be the bearing,switch,frame
4.High purity, fine organization
5. Good conductivity and thermal conductivity, good plastic, easy to hot
and cold pressure processing.
2. Specification:
Copper Wire Scrap, Purity 99.99%
Wire sizes: 0.1, 0.8mm, 0.15, 0.20, 0.25, 0.30, 1.0mm, 1.2mm, 1.4mm, 1.6mm
CARBON:0.03%
COBLET: <0,001
IRON: 0,005%
PHOSPHORUS: <0,01%
SULPHUR: <0,01%
ZINC: 0,003%
3. Technical terms:
1.1 Product: Copper Wire Scrap – purity range 99%
1.2 Specification: Grade ‘A’
1.3 Packing: In Jute bags with approx. 1 ton each
1.4 Quantity: 300 metric tons – first trial order
4. Commercial terms:
2.1 Price: Rate $ 4000/- per metric ton
2.2 Payment: 30% payment against Invoice and order and 70 % payment upon
inspection and shipment of material
2.3 Insurance: Shall be arranged by the seller.
2.4. Bank details:
Sellers’ bank details to be provided
5. Shipment terms:
3.1 Terms of shipment: C.I.F.
3.2 Port of Loading: Mombasa Port, kenya
3.3 Port of discharge:
3.4 Trans-shipment: Not Allowed
3.5 Partial shipment: Not Allowed
3.6 Shipment schedule: First shipment immediately
6. Documents required for payment release of 70%
4.1 Signed commercial invoice in triplicate
4.2 Full set of three originals and three non-negotiable marine bills of lading issued blank
endorsed, freight pre-paid.
4.3 Certificate of origin on seller letterhead
4.4 Inspection certificate (International inspection company SGS or related)
4.5 Insurance certificate
4.6 Packing list
4.7 Third party documents are acceptable
5. General terms:
5.1 Arbitration – International laws applicable. Jurisdiction would be Dubai as mutually
agreed to.
5.2 Force Majeure – Standard international force majeure clauses are applicable.
5.3 Amendments to the contract conditions – Both the parties agree that any amendment
to any condition of this contract should be in writing. No amendment shall be deemed
valid without such documentation.
5.4 Language – The language of this contract and the related correspondence shall be in
ENGLISH.
5.5 This contract shall be governed by the rules of the International Chamber of Commerce
and INCOTERMS 2010 and amendments made there-under from time to time
IN WITNESS WHEREOF the parties herein have executed these presents on the day mentioned
above and in the manner hereinafter appearing
This contract is in two original copies. Each party holds one original copy. Fax or e-mail from any
electronic exchange is effective since being signed /sealed by both the parties.
Signing this Contract shall be considered an irrevocable commitment to sell and purchase. We
hereby declare the above captioned information to be true and correct to the best of our
knowledge and this offer is being made without any prejudice for the successful completion of this
said order.
Our Ref: AH-7851/KN/0161533 DATE: _ _/_ _/20_ _
Your Ref: _ __ __ __ __ __ __ __ _
SALES/PURCHASE CONTRACT FOR COPPER WIRE SCRAPS
The issued offer is valid only for 10 Solar days after downloaded
.
For and on behalf of the For and on behalf of the Seller:
Buyer:
……………………………………………..
Company: …………………………………….
Name: - CEO or better Name: Elijah G. Muchiri
Title: The General Director
Nationality: At :
ON behalf of :
Passport:
Signature:
