- Penalty for delays: If the Seller does not deliver on time as stipulated in Article III of this Agreement, the Seller shall be subject to a fine for the Purchaser equal to 0.5% of the total value of the assignment delay line for each day of delay. The delay time can not exceed 05 days, but the total fine not exceeding 8% of the total contract value. If the delay exceeds 05 days, as the Seller has unilaterally terminate the contract. If the Seller unilaterally cancel or terminate the contract or does not comply with the agreement, pay compensation to the Purchaser the amount corresponding to 30% of contract value.
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