Price policy can only be adjusted when fuel prices increase or decrease and the unity of the two
policy rates are exclusive of VAT.
This contract takes effect from 01 May 2016 to 31 01 December 2016
A-side making payments in cash or by transfer to Party B after receiving the complete invoice and billing Profile party B at the end of each month.
ingot payment terms: Party A will pay Party B receives the value has been confirmed within 07 days of receiving full payment profile of side B.
Payment CVs are:
1. The certificate amount certified by Party A.
2. Commercial bills of Party B.
Article 3 (Article 3): METHOD OF DELIVERY PRODUCTS (FOR RECEIPT AND DELIVERY METHOD)
3.1. Party A guide irrigation areas on request Party B
, Article 4 (Article 4): Responsibilities of Party A
4.1. A responsible party notifies the venue location B sugar, water.
4.2. Party A shall assist Party B in the delivery process and certify the volume.
4.3. Paying on time as stipulated in the contract.
Article 5 (Article 5): RESPONSIBLE PARTY B
5.1. Ensure the legal status of the transport and water supply origin.
5.2. Mobilizing the necessary equipment and facilities to serve the supply and transport as required by Party A on time.
5.4. Supply of labor protection devices for the B staff on site when working inside A.
5.5. Ensure implementation of the work items in accordance with standards and requirements of environmental, safety and other requirements specified by Party A during contract performance.
Article 6 (Article 6): PRINCIPLES CONDUCT AND BUSINESS ETHICS
Party B to ensure that those who are related to the scope of work of this Agreement, whether directly or indirectly, will not take any payments, gifts or make commitments Links to any other person, including but not limited to directors / employees of Party A or any other partner that contrary to the applicable laws, policies and business standards for the purpose of get more favorable or transactions of Party B under the provisions of the conditions. The Party B violates any obligation has been mentioned in terms of side B will be considered a material breach of contract and Party A has the right to terminate the contract without notice. In this case, Party A is responsible to pay the full outstanding amount related to this contract to Party B.
Article 7 (Article 7): VALUE OF SETTLEMENT AGREEMENT
contract settlement value is the price Time value is calculated according to the actual certification record of representing the A and mass summary certified by the representatives of both parties according to the unit mentioned in Article 2.
Article 8 (Article 8) EVENTS FORCE MAJEURE
8.1. A force majeure event is an event that occurs objectively and are beyond the control of the parties such as earthquakes, hurricanes, floods, tornadoes, tsunamis, landslides, fires, war or risk war and other unexpected carpet school is, the change in policy or prohibition of the competent authorities in Vietnam.
8.2. If one party does not perform its obligations due to Force Majeure shall not fundamental to the rest terminate the contract. However, the party affected by the force majeure is obligated to undertake reasonable precautions and necessary alternative to minimize the effects of the force majeure event caused and immediately notify the other party of the Force Majeure event within 03 days after the occurrence of the Force Majeure event.
8.3. Either party may terminate the agreement if circumstances force majeure occurring longer than 30 days.
8.4. In the event of a force majeure event, the time limit for performing the contract will be extended by the time it occurred Force Majeure that affected party can not perform its obligations as agreed in the Council.
Article 9 (Article 9): THE GENERAL s Chart
9.1. The two sides pledged to strictly implement the conditions and the terms of this contract. During the validity period of the contract, if there is any hitch, the two sides will conduct discussions and addressed accordingly.
9.2. In case of a dispute the two sides can not resolve, it will be submitted to the People's Court of Quang Ngai province to solve. The decision of the court will be the final decision to the parties must comply with the. Costs incurred for the arbitration shall be borne by the losing party.
9.3. Party B is not allowed to hand over part or all of the items as specified in Article 1 for 3rd party without the prior written consent of Party A. Any changes or additions of The contract must be approved in writing by both parties.
9.4. All matters not covered or not fully specified in this contract will be in compliance with existing laws of the State of Vietnam.
9.5. The contract takes effect from the date of signing and expires when the two sides agreed to sign the minutes of the decision resentment and liquidation of contracts.
Contracts are made in 04 Vietnamese-English bilingual editions have the same legal value , each hold 02 copies.
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