messrs _________________________________
industry ltd (hereinafter called party a)
and
industry ltd (hereinafter called party b)
have agreed that party b shall manufacture standard magnetic
compasses in____________ with all necessary parts and materials supplied by party a under the following terms and conditions
1 commodity and quantities for processing with supplied materials and assembling with supplied parts
(1) commoditystandard magnetic compass
(2) quantity____________sets in total
2 all necessary parts and materials listed in the contract shall either be supplied by party a or purchased in ____________ or by party b
3 the processing charge for each model is as follows
(1) standard magnetic compass of type glc1 at u s
____________(say _________________u s d) each
(2) standard magnetic compass of type glc2 at u s
_____________(say ________________ u s d) each
(3) standard magnetic compass of type glc3 at u s
____________(say ___________u d) each
4 the main parts consumables and materials required for processing will be sent to (place) by party a and if there is any shortage or damage party a should be held responsible for supplying replacements
5 party a should pay party b by lc or tt covering the full amount of processing charges and costs of parts consumables and materials purchased in__________or____________by party b one month before shipment of the finished products
6 party b must complete the manufacturing of all standard magnetic compasses of type glc1 and effect shipment within the agreed date without delay except in the occurrence of uncontrollable and unforceeable events
7 the damage rate of parts and materials
the damage rate of parts and materials in processing is __________ and such a damage rate of parts and materials shall be supplied free by party a should the damage rate exceed _____________ party b shall supply additional materials
and necessary parts
8 should shipment of materials and parts sent by party a be wrong or in excess party b shall return the excessive portion at the expense of party a in case of short shipment party a shall make up the shortage
9 all parts and materials supplied by party a for standard magnetic compasses shall be processed by party b strictly in accordance with the design without any modification
10 technical service
party a agrees to send technicians to______________to help training party bs technicians at the request of the latter at any time and allows the technicians to remain with party b for inspection of the finished products in such case party b agrees to pay a monthly salary of u s ____________ for each person all other expenses (including roun d trip tickets) will be borne by party a
11 all import and export formalities in connection with this contract should be handled by party b
12 all standard magnetic compasses processed by party b shall be shipped to the foreign buyers appointed by party a at any
time
13 other terms and conditions
(1) the trade marks of standard magnetic compass shall be supplied by party a should there be any legal dispute party a shall be held fully responsible
(2) the quality of parts and materials if necessary purchased in__________ or_____________ by party b for standard magnetic compasses must measure up to standard and be approved by party a beforehand
(3)for promotional purposes party b shall prepare samples of standard magnetic compass at any time and send them to foreign buyers appointed by party a all parts
and materials required would be supplied out of the stock supplied by party a
14 this contract shall be made in triplicate party a and party b shall both signing all copies retain one copy and submit one to authorities concerned in (place) for registration
industry ltd industry ltd
________ ____________
manager manager
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