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0801 Au

This Goods Purchase Contract, dated June 15, 2025, outlines the agreement between BuildRight Co. (Buyer) and STROMY GENTS LLC (Seller) for the purchase of various goods totaling $91,500. The contract specifies shipping terms, quality guarantees, inspection rights, penalties for delayed delivery, and arbitration procedures. It is governed by the United Nations Convention on Contracts for the International Sale of Goods.

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0% found this document useful (0 votes)
14 views4 pages

0801 Au

This Goods Purchase Contract, dated June 15, 2025, outlines the agreement between BuildRight Co. (Buyer) and STROMY GENTS LLC (Seller) for the purchase of various goods totaling $91,500. The contract specifies shipping terms, quality guarantees, inspection rights, penalties for delayed delivery, and arbitration procedures. It is governed by the United Nations Convention on Contracts for the International Sale of Goods.

Uploaded by

ddshop344
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Goods Purchase Contract

Contract No.: TO25615

Date: 2025-06-15

Signed at: New York

The Buyer: BuildRight Co.

Address: 109 Munro Dr, Camillus, NY 13031

The Seller: STROMY GENTS LLC

Address 906 MANITOU AVE, MANITOU SPRINGS, CO 80829

The Buyer agrees to buy and the Seller agrees to sell the following goods on
terms and conditions as set forth below:

Specificatio Price Amount Expiration


No. Cargo Name Quantity
n (USD) (USD) Date

1 Starlight Car Mats 45*45 cm 480 35 16800 3 Years

Cooling Fan Car


2 40*95 cm 210 30 6300 3 Years
Seat

50*50*80
3 Camping Chair 160 20 3200 2 Years
cm

55*60*90
4 Outdoor Rocking 200 25 5000 2 Years
cm

Total contract value: 91500 USD

1.In this contract,all rights and obligations of both parties under agreed trade
term shall be governed by the latest version of“INCOTERMS”.

2. Shipped by: Fast ship shipping

2. Port of Loading: HKHKG


3. Port of Destination: USNYC

4.Time of Shipment: 25 Days

5.Insurance: Under the price of EXW, FOB or CFR , CPT terms, insurance shall
be covered by the Buyer. Under the price of CIF or CIP terms, to be covered by
the Seller for 110 percent of the invoice value against All risks.

6.Terms of FOB Delivery: For the goods ordered in this Contract, the carrying
vessel shall be arranged by the Buyer or the Buyer’s Shipping Agent. The
Seller shall bear all the charges and risks until the goods are effectively
loaded on board the carrying vessel.

7.The Seller shall advise the Buyer by fax/E-mail, and simultaneously advise
the Buyer’ shipping agent at the loading port, 7 days before the contracted
time of shipment, of the contract number, name of commodity, quantity,
loading port and expected date of arrival of the goods at the loading port,
enabling the Buyer to arrange for shipping space.

8.The Buyer shall advise the Seller by cable, 15 days before the expected
loading date, of name of vessel,the estimated loading date, quantity to be
loaded, contract number, and shipping agent. The Seller shall then arrange
with the shipping agent for loading accordingly. In case of necessity for
substitution of vessel or alteration of shipping schedule, the Buyer or the
shipping agent shall duly advise the Seller to the same effect.

9.In the event of the Seller’s failure in effecting shipment upon arrival of the
vessel at the loading port, the losses, including dead freight, demurrage fines
ect. thus incurred shall be for Seller’ account. If the vessel fails to arrive at the
loading port within the laydays previously by the shipping agent, the storage
charges and insurance premium from the 25 day after expiration of the free
storage time at the port shall be borne by the Buyer.

10.Terms of CIF and CFR Delivery: The Seller shall effect shipment duly within
the period of shipment at the port of shipment.

11.Advice of shipment: The Seller shall, upon completion of loading, within 48


hours,advise immediately the Buyer by fax/E-mail of the contract number,
name of commodity, number of package, gross and net weights, invoice
value, name of vessel and loading date.

12.Guarantee of Quality: The Seller shall guarantees that the goods in all
respects correspond with the quality, specifications and performance as
stipulated in this Contract. The Seller shall also guarantee that the goods
when correctly installed and properly operated and maintained, will give
satisfactory performance for a period of 3 months starting from the date on
which the goods arrive at the port of destination.

13 Inspection and Claims: After arrival of the goods at the port of destination,
the Buyer have the right to apply to SGS (hereinafter as refered to the
Institution) for inspection of the goods. If any discrepancies are found, except
those for which either the insurance company or the shipping company is
responsible, the Buyer shall, within 60 days after discharge of the goods at
the port of destination, be entitled to claim against the Seller with the
Inspection Certificate issued by the Institution.(Within the guarantee period
stipulated in Clause 13 hereof should the quality and(or) the specifications of
the goods be found not in conformity with the contracted stipulations, the
Buyer shall arrange for an inspection to be carried out by the Institution and
have the right to claim against the Seller on the strength of the inspection
certificate issued by the Institution).

14.Delayed Delivery and Penalty: In case of delayed delivery, except for Force
Majeure cases, the Seller shall pay to the Buyer the 20% of total invoice value
of delayed goods every day as penalty. However, in any event,the total
amount of penalty shall not, exceed 20% of the total value of the delayed
goods. In case the period of delay exceeds 15 days since the stipulated
delivery date, the Buyer have the right to rescind this Contract but the Seller
shall not thereby be exempted from the payment of the penalty.

15.Force Majeure: Force Majeure:Neither the Seller nor the Buyer shall be held
responsible for late delivery or non-delivery due to Force Majeure. However,
the affected party shall inform the other party immediately of such incident
and within 7 days thereafter, shall send by airmail to the other party a
certificate issued by a competent government authority or the chamber of
commerce which is located at the place where the incident occurs as
evidence thereof. Othewise, the affected party shall not be exempted from
the responsibility of its non-acknowledgement or late acknowledgement.

16.Arbitration:

Any dispute arising out of or in connection with this Contract shall be settled
through negotiation and conciliation. Failing in reaching a settlement, the
dispute shall be submitted to New York Arbitration Commission for arbitration.
It will be conducted in accordance with the Commission’s Arbitration Rules
that are in effect at the time of applying for the arbitratio

17. Applicable Law: This Contract is governed by United Nations Convention


on Contract for the International Sale of Goods.
18.Supplement and Modification:(1) During the performance of this contract,
any mutually recognized correspondences between both parties (including but
not limited to fax, E-mail, telex, telegram and letter) in respect of further
negotiations on terms not involved in this Contract or making non-material
modifications to the terms hereto, shall be considered effective to this
Contract.(2)Where, after this contract becomes effective, both parties reach a
consensus to make material modifications to the terms of this contract, an
Amendment in writing shall be executed by both parties.

19. Representation and Warrants: Each party is duly organized and registered
and in good standing in its country or state as a company or business subject
and has right and authority to enter into and perform this contract under its
civil law.Execution,delivery and performance of this contract for each party
has been duly authorized by all necessary action.

20.This contract is made out in copies, and it shall become effective upon
signature or stamp of both parties.

The Buyer: Todd Mirabito The Seller: DIDK ANDRIA

Authorized signature: Authorized signature:

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