- •108/223 North terrace adelaide sa 5000
- •Article 20. Quality claims:
- •Article 22. Late delivery and penalty:
- •Article 23. Notice of shipment:
- •Article 31. Arbitration and governing law and standards:
- •Article 32. Liabilities to third parties
- •Article 33. Confidentiality and non-disclosure
- •Involved in Sellers own commercial arrangements under this contract.
- •Article 34. Non-circumvention agreement
- •I) Buyer irrevocably binds itself to provide any and all documentations requested by Seller, immediately and without delay, in connection with the sale/purchase of the aforementioned goods.
- •Article 35. Amendments and supplements:
- •Article 38. Facsimile copies
- •Buyers banking information:
Article 35. Amendments and supplements:
a) All amendments to this Contract shall be deemed valid and binding upon the Parties only if made by mutual consent in writing. Agreement reached between signatories of the Parties and exchanged by fax, email or telex shall be considered as effective written agreement.
b) This Contract shall come into full legal force after authorized representative of both contracting Parties have signed and stamped on each page. Upon signing of this contract, all previous verbal and/or written arrangements concerning the subject of this Contract shall be considered null and void.
c) The present Contract and its amendments and supplements shall be written in both English in five (5) copies. In the event of any deviation in meanings of terms or descriptions used in the respective languages, English meanings shall prevail and govern the interpretation to be put to the provisions of the contract.
ARTICLE 36. APPLICABLE LAWS AND DEFINITIONS:
This Contract shall be governed by and construed in accordance with rules and/or guidelines of the International Chamber of Commerce (ICC, Paris) and subject to the interpretation of INCOTERMS 2000 edition as amended, and as published by the International Chamber of Commerce.
ARTICLE 37. TERMINATION OF CONTRACT:
a) Either Party may terminate the Contract should the other refuse performance of a substantive contractual obligation in circumstances where a force majeure event has not occurred or cannot properly be deemed to have arisen.
b) Refusal of such substantive obligation shall always include a refusal by the Buyer to arrange and secure the Irrevocable Letter of Credit in the stipulated terms and/or a refusal by the Seller to post the Performance Bond in the stipulated terms.
c) Notice of Termination by any party shall be given no later than within 30 (thirty) calendar days upon discovery or notification of the non-performance of a contractual obligation by the defaulting party.
Article 38. Facsimile copies
Facsimile copies of this Agreement being duly signed shall be deemed to be original and shall be binding on all parties. Faxed copies of letters exchanged by the parties and/or faxed signed true copies of email correspondence exchanged by the parties shall be deemed to be admissible as aids in resolving any issue arising in relation to the interpretation and enforcement of the Agreement.
SELLERS JOINT BANKING INFORMATION:
BANK: KEB AUSTRALIA LIMITED AUSTRALIA BRANCH
ADDRES: Level 6.Aig Building 220 Goerge Street Sydney Nsw 2000, Australia
ACCOUNT NAME: PNCOMM PTY LTD
ACCOUNT NUMBER: 015208-4779-86989
ROUTING NUMBER:
SWIFT CODE: KOEXAU2S
BANK PHONE:
BANK FAX:
Buyers banking information:
BANK:
ADDRES:
ACCOUNT NAME:
ACCOUNT NUMBER:
ROUTING NUMBER:
SWIFT CODE:
BANK PHONE:
BANK FAX:
BANK OFFICER / TITLE:
SELLER: BUYER
PNCOMM PTY LTD.
___________________________ ___________________________
MR,HEEIN YEUN MR.
PRESIDENT
20th/MAR/2012 20TH/MAR/2012
. SELLER’S INITIAL BUYER’S INITIAL