SALE CONTRACT

REF:FS20191215SESAME-1

1.SELLER

2.BUYER

3. DESCRIPTION OF THE GOODS

4. SPECIFICATION OF THE GOODS

PURITY – % MIN

OIL CONTENT – % MIN

ADMIXTURE – % MAX

MOISTURE % MAX

FFA % MAX

5. QUANTITIES

MT

MORE OR LESS 5% ALLOWED

6. PACKAGING

IN 50KGS NET WEIGHT EACH IN NEW PP BAG

7. PRICE

USD/MT

8. SHIPMENT

LOADING PORT:







DISCHARGE PORT:

SHIPMENT TIME: NO LATER THAN

PARTIAL SHIPMENT:

TRANSSHIPMENT:

9. TOTAL AMOUNT

USD

10. PAYMENT

THE BUYER SHOULD PAY ACCORDING TO THE INVOICE INSTRUCTION.

% ADVANCE PAYMENT AGAINST THE SIGNED CONTRACT.

% BALANCE PAYMENT AGAINST THE SACN COPY OF ORIGINAL DOCUMENTS.

11. DOCUMENTS

(1) 3 ORIGINAL COMMERCIAL INVOICES;

(2) 3 ORIGINAL PACKING LIST;

(3) CERTIFICATE OF ORIGIN (FORM DFT-DUTY FREE TREATMENT), IN 1 ORIGINAL (YELLOW PAGE), DUPLICATE AND TRIPLICATE (2 GREEN PAGES);

(4) INLAND TRANSPORT CERTIFICATE ISSUED BY LICENSED TRANSPORTER

(5) PHYTOSANITARY CERTIFICATE;

(6) CERTIFICATE OF FUMIGATION;

(7) CERTIFICATE OF WEIGHT AND QUALITY IN ISSUED BY INDEPENDENT SURVEYOR;

(8) FULL SET 3/3 OF CLEAN ON BOARD OCEAN BILLS OF LADING.

12. FORCE MAJEURE

NEITHER PARTY SHALL BE HELD RESPONSIBLE FOR FAILURE OR DELAY TO PERFORM ALL OR ANY PART OF THIS CONTRACT DUE TO FLOOD, FIRE, EARTHQUAKE, SNOWSTORM, DROUGHT, HAILSTORM, HURRICANE, WAR, GOVERNMENT PROHIBITION, OR ANY OTHER EVENTS THAT ARE UNFORESEEABLE AT THE TIME OF THE EXECUTION OF THIS CONTRACT AND COULD NOT BE CONTROLLED, AVOIDED OR OVERCOME BY SUCH PARTY. HOWEVER, THE PARTY WHO'S PERFORMANCE IS AFFECTED BY THE EVENT OF FORCE MAJEURE SHALL GIVE A NOTICE TO THE OTHER PARTY OF ITS OCCURRENCE NOT LATER THAN 15 DAYS AFTER ITS OCCURRENCE.

13. CLAIMS

SHOULD THE QUALITY, SPECIFICATIONS, QUANTITY, WEIGHT AND PACKING BE FOUND NOT IN CONFORMITY WITH THE STIPULATIONS OF THIS






CONTRACT, THE BUYER SHALL GIVE A NOTICE OF CLAIMS TO THE SELLER AND SHALL HAVE THE RIGHT TO LODGE CLAIMS AGAINST THE SELLER WITHIN 90 DAYS FROM THE DATE OF THE COMPLETION OF UNLOADING OF THE GOODS AT THE PORT DESTINATION.

14.ARBITRATION

THIS CONTRACT IS GOVERNED BY THE ARBITRATION RULES OF SINGAPORE AND SUBJECT TO REPUBLIC OF SINGAPORE JURISDICTION AND THE SAME SHALL BE APPLICABLE IN THE UNLIKELY EVENT THAT THE SELLER AND THE BUYER ARE UNABLE TO RESOLVE THEIR DISPUTES THROUGH AMICABLE MUTUAL DISCUSSIONS.

15.RULES AND REGULATION

THIS CONTRACT IS GOVERNED BY INCOTERMS 2000.