This agreement entered into between ABC Co., Inc. Seoul Korea, hereinafter called Seller, and XYZ Co., Ltd London England hereinafter called Buyer, witnesses as follow ;
(1) BUSINESS:Both parties shall act as Principals to Principals.
(2) [ 가 ]:Goods in business, their unit to be quoted, and their mode of packing shall be as stated in the Attached List.
(3) [ 나 ]:Unless otherwise specified in fax or letters, all prices submitted by either party shall be quoted in [다] USD on a [라] CIF London basis.
(4) [마] FIRM OFFERS:All offers are to be considered "firm" [바] subject to reply being received within four (4) days from and including the day dispatched with the exception of Sundays and official Bank Holidays.
(5) ORDERS:Any business closed by fax shall be confirmed in writing without delay, and orders thus confirmed shall not be cancelled unless by [사] mutual consent.
(6) PAYMENT:[아] Draft shall be drawn under [자] Irrevocable Letter of Credit at Thirty (30) days after [ 차 ], [카] documents attached, for the full invoice value.
(7) SHIPMENT:Shipment [ 타 ] to be made within the time stated in each contract. The date of [파] Bill of Lading shall be taken as conclusive proof of the date of shipment.
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In witness whereof ABC Co., Inc. have set their hands in duplicate on the Fifth day of April, 2011, at Seoul, and XYZ Co., Ltd have set their hands on the Fifteenth of April, 2011, at London, and any of the clauses in this Agreement shall not be changed or modified unless by mutual consent.
(좌측)
M. Y. Song
M. Y. Song
(Seller) ABC Co., Inc.
Director, Trading Department
(우측)
P. Adams
P. Adams
(Buyer) XYZ Co., Ltd.
Vice President
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