6. Payment

Payment is to be effected in______________ within_______________________ days after receipt by the Buyers through the RUSSIA Bank for Foreign Economic affairs, Moscow, of the following documents:

a. Invoice - in quadruplicate;

2. Full set of clean on board Bills of Lading issued in the name of the Buyers, with destination to the port of the RUSSIA indicated by the Buyers, or airway bill, or railway bill, or post receipt;

3. Certificate of Quality of the manufacturing works or a Letter of Guarantee of the Sellers;

4. Case per case Specification or Packing List — in duplicate;

e.______________________________________________________________.

Bank charges connected with collection of documents are to be for the Sellers' account.

7. Advice of shipment and shipping instructions

The Sellers are to cable to the Buyers within 24 hours after shipment stating the following data: date of shipment, Contract No., denomination of the goods, number of cases, weight, ship's name, B/L No. (or railway bill or airway bill, or post receipt), Trans No.

The Sellers are to send by Captain's mail a non-negotiable copy of the Bill of Lading and Specification.

8. Inspection and tests

The Buyers have the right to send their inspectors to the manufacturing plant in the Sellers' country to participate in the inspection and tests of the goods.

The Sellers are to render assistance to the Buyers' inspectors to enable them to perform such inspection and tests.

If such inspection or tests reveal that the goods do not comply with the Contract conditions or have defects of any kind, the Sellers are to eliminate such defects.

The participation of the Buyers' inspectors in the tests and inspection does not free the Sellers from the liability provided for in the Clause "Guarantee" of the present Contract.

The final inspection and testing of the goods are to be effected in the RUSSIA.

9. Guarantee and claims

The Sellers guarantee that the quality of the goods conform to the requirements of the Contract and in particular guarantee that:

1. the delivered goods and all the accessories conform to the latest achievements of technics and the highest standards existing in the Sellers' country at the time of execution of the present Contract.

2. the material of which the goods and all the accessories have been manufactured are of the highest quality;

3. the goods have been delivered complete with all the necessary accessories in strict accordance with the terms and conditions of the Contract so that to ensure their normal and uninterrupted operation;

4. the drawings and other technical documents are of high quality and are sufficient for mounting and operation of the equipment.

The guarantee period is 12 months from the date of putting the equipment, apparatus and/or instruments into operation, but not more than 15 months from the date of shipment.

In case of a delay in putting the equipment, apparatus and/or instruments into operation through the Sellers' fault, the period of the guarantee is to be prolonged accordingly.

Should the goods and/or accessories prove to be defective during the period of guarantee or to be not in conformity with the terms and conditions of the Contract, the Sellers undertake, at the Buyers' option, to eliminate the defects or to replace the faulty goods free of charge and without a delay, the cost of transportation and insurance being at the Sellers' expense. If, according to agreement between the parties, the defects have been eliminated by the Buyers, the expenses involved are to be paid by the Sellers.

Any claims, if any, are to be presented by the Buyers to the Sellers not later than 30 days after the date of expiration of the guarantee period provided that the defects have been discovered during the guarantee period.

Survey Reports made out with participation of experts of the RUSSIA Chamber of Commerce and Industry will serve as a sufficient proof of a claim.