* AED 250 will be charged for signing the contract.

Agreement

THIS AGREEMENT IS MADE ON {date}, BETWEEN M/S. {Buyer Company Name}, DUBAI, UAE (BUYER) AND HAVING REGD. {Buyer Company Address}, HEREINAFTER REFERRED AS PARTY A

AND

M/S {Exporter Company Name}, {Exporter Company Address}, HEREINAFTER REFERRED AS PARTY B

  • AS PER MUTUAL UNDERSTANDING PARTY “B” WILL SUPPLY {ITEMS} TO PARTY “A” AS PER AGREED SPECIFICATIONS AND PRICES ON PURCHASE ORDER.
  • PRICE WILL BE CONSIDERED AS PER PURCHASE ORDER.
  • THE CONTRACT SIGNING FEE IS AED 250 WHICH WILL BE REFUNDED WITH YOUR 4TH SHIPMENT PAYMENT.
  • IF EARLY TERMINATION REQUIRE BY EASTERN FARMS LLC, PRIOR ONE MONTH NOTICE SHOULD BE SUBMIT AND, ALL THE DUE PAYMENT SHALL BE PAID BEFORE TERMINATION OF THE CONTRACT.
  • IF ANY LEGAL DISPUTES IS ARISING THEN SELLER DECIDE COUNTRY FOR JURISDICTION.
  • IF THE PAYMENT TERMS ARE DA, THE BANK CHARGES WILL BE DEBITED FROM THE EXPORTER'S ACCOUNT.
  • IN CASE OF PRODUCT UNAVAILABILITY OR RESTRICTION, WE CAN SWITCH YOU WITH OTHER PRODUCT AS PER COMPANY REQUIREMENT. COMPANY WILL PROVIDE YOU FULL SUPPORT TO SWITCH TO NEW PRODUCT.

  1. GENERAL CONDITIONS:

    THIS AGREEMENT IS EFFECTIVE FROM THE DATE OF SIGNING OF SIGNATURE BY BOTH PARTIES FOR A PERIOD OF 1 YEAR UNLESS SOONER TERMINATED AS HEREINAFTER PROVIDED AND SERVES AS THE GENERAL TERMS AS PROVIDED IN THIS AGREEMENT.

  2. COUNTRY OF ORIGIN OF PRODUCT: {PRODUCT ORIGIN}

  3. DESTINATION AND PRODUCT DELIVERY PORT: {DESTINATION PORT}

  4. PRODUCT DOCUMENTATION:

    ONE SET OF THE FOLLOWING SHIPPING DOCUMENTS CONSISTING OF TWO ORIGINAL AND TWO PHOTOCOPIES WILL BE FURNISHED BY THE SELLER AS PER DETAILS PROVIDED BY BUYER.

    1. COMMERCIAL INVOICE ORIGINATED FROM SELLER
    2. BILL OF LADING FROM SHIPMENT LOCATION
    3. CERTIFICATE OF ORIGIN
    4. PACKING LIST SHOWING GROSS/NET WEIGHT AND NUMBER OF OCEAN BILL OF LADING
    5. PHYTO CERTIFICATE.

  5. SELLER'S RESPONSIBILITY:
    1. TO SUPPLY THE PRODUCT ORDERED BY THE BUYER WITH GOOD QUALITY AND EXACT QUANTITY AS AGREED ON PURCHASE ORDER BY SELLER AND BUYER / BENEFICIARY AND AS CONFIRMED IN THE QUALITY ASSURANCE.
    2. PACKING AND PRINTING SHOULD BE COMMUNICATED.
    3. IN RESPECT OF THE PRICE AGREED BY BOTH PARTIES THROUGHOUT THE DURATION OF THE GIVEN PO.

  6. FORCE MAJEURE:

    NEITHER PARTY TO THIS CONTRACT SHALL BE HELD RESPONSIBLE FOR BREACH OF CONTRACT IN THE FOLLOWING: ACT OF GOD, INSURRECTION, CIVIL WAR, POPULATION REVOLT, MILITARY OPERATION, AND LOCAL EMERGENCY. THE PARTIES DO HEREBY ACCEPT THE INTERNATIONAL PROVISION OF “FORCE MAJEURE” AS PUBLISHED BY THE INTERNATIONAL CHAMBERS OF COMMERCE IN GENEVA AND AS DEFINED BY “ICC” RULES.

  7. CONFIDENTIALITY: NON-DISCLOSURE, NON CIRCUMVENTION:

    ALL MATTERS AND INFORMATION MADE AVAILABLE OR EXCHANGED BETWEEN THE PARTIES SHALL BE TREATED WITH CONFIDENTIALITY; IMPROPER DISCLOSURE SHALL PROVIDE CLAIMS FOR DAMAGE. THERE SHALL BE NO CIRCUMVENTION OF IDENTIFIED PARTIES INVOLVED IN THE EXPRESS WRITTEN APPROVAL OF THE PROVIDING PARTY. THIS SHALL BE APPLICABLE TO DIRECT OR INDIRECT CONTRACTS WITH A DISCLOSED PARTY BY THE PARTY.

  8. SETTLEMENT OF DISPUTES AND ARBITRATION:

    ANY DISPUTE IN CONNECTION TO THIS CONTRACT THAT COULD NOT BE SETTLED AMICABLY WILL BE RESOLVED BY INTERNATIONAL CHAMBER OF COMMERCE ARBITRATION UNDER CHAMBER OF COMMERCE AND INDUSTRY IN UAE, THE TWO PARTIES AGREE THAT IN THE PROCESS OF RESOLUTION OF CASE WILL BE APPLIED REGULATIONS OF INTERNATIONAL COMMERCIAL ARBITRATION UNDER CHAMBER OF COMMERCE OF UAE AND ITS RESOLUTION SHALL BE FINAL WITHOUT APPEAL ARE INVARIABLE AND OBLIGATORY FOR BOTH PARTIES. THE ADJUNCTION WILL BE HELD BY ONE JUDGE IN UAE.

  9. CONTRACT SIGNATORIES:

    THE PARTIES DECLARE THAT THEY HAVE READ AND ARE FULLY AWARE OF ALL THE PROVISIONS, TERMS AND CONDITIONS OF THIS CONTRACT SIGNED BELOW IN GOOD FAITH, THEREBY ENTERING INTO CONTRACTUAL COMMITMENT AND PROVISION OF THIS CONTRACT BASED ON THE CONDUCT OF THE BUYER AND SELLER DURING THE PERIOD OF THIS AGREEMENT.


IN WITNESS WHEREOF THE UNDERSIGNED HAVE SET THEIR HANDS ON THIS DATE MENTIONED.

SIGNATURE AND STAMP SIGNATURE AND STAMP
PARTY A PARTY B
EASTERN FARMS LLC {Exporter Company Name}