MP002LONG TERM AGREEMENT长期供货框架协议文档格式.docx
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**ENTERPRISES**.LTD.
ThisLongTermAgreement(this“Agreement”)ismadebyandbetween**AirlinesCo,Ltd,acompanyincorporatedunderthelawsofThePeopleRepublicofChina,whoseprincipalplaceofbusinessisatShanghai,China(hereinaftercalled“BUYER”);
and**Enterprises**.Ltd.,acompanyincorporatedunderthelawsofS,whoseprincipalplaceofbusinessisat(hereinaftercalled“SELLER”).
WITNESSETH
WHEREAS
BUYERdesirestopurchasecertaingoodsfromSELLERandSELLERdesirestosellsuchgoodstoBUYERinconformityinallaspectswiththeprovisionsstipulatedinthisAgreement.
ThepurchaseandsupplywillbedonebymeansofPURCHASEORDERplacedbyBUYER.
ThepartiesdesiretoestablishgeneraltermsandconditionsapplicabletosuchPURCHASEORDER.
NotwithstandinganytermsandconditionscontainedinthePURCHASEORDERorelsewhere,shouldanyoftheprovisionsofsuchdocumentsconflictwiththisAGREEMENT,thenthisAGREEMENTshallprevail.
NOW,ITISHEREBYAGREEDASFOLLOWS:
1.DEFINITION
ForthepurposeofthisAGREEMENT,thefollowingwordsandexpressionsshallhavethemeaningasfollows:
(1)GOODS
ItemsidentifiedinAppendixAattachedtothisAgreementwhichformsaparthereofavailableforsalebySELLERtoBUYERunderthetermsofthisAGREEMENT.
(2)PURCHASEORDER
AwrittenorderofGOODSbeingrequiredforpurchasebyBUYERwillbeissuedbyBUYERtoSELLERfromtimetotime.ThePURCHASEORDERwillbeeitherintheformofletter,telex,facsimileorBUYER’sstandardform.
TermsandconditionsofthePURCHASEORDERshallconformtobutnotlimitedtotheprovisionsofthisAGREEMENTandPURCHASEORDERshallformasparthereof.
2.PERFORMANCE
(1)ByenteringintothisAgreement,BUYERdesirestopurchaseexclusivelyfromSELLERGOODSasspecifiedinAppendixAwithafixedcompetitivepriceandsteadysupply.
(2)SELLERshallactpromptlyonallPURCHASEORDERS,nomatterinwhatformtheymaybereceived.SELLERshallacknowledgeallPURCHASEORDERSnotinganyexceptionswithinthree(3)workingdays,orotherwisewithintheperiodrequestedbyBUYER.MinimumPURCHASEORDERvaluewillnotbeimposedbutstandardorderquantitystipulatedinAppendicesshallapplyforallorders.
(3)InthelackofaconfirmationoftheorderorifSELLERdeviatesfromthespecificationorquantityofGOODSorderedasspecifiedintheorderasacknowledgedbySELLER,BUYERisentitledtocanceltheorderwithoutanyextracharge.
(4)BUYERagreestofurnishannualusagedatatoSELLERbutassumesnoresponsibilityifthisdeviatesfromactualusage.SuchinformationissuppliedonlyasaguidetoassistSELLERininternalplanning.BUYERreservestherighttoprocuretheseitemsinlessthanthequantitiesindicatedunderthesametermsandconditionslistedherein.SELLERagreestoselltheGOODStoBUYERattheexhibitedpriceforthequantitiesderivedfromthegivendataandwillonlyreservetherighttoadjustthegivenpriceforexcessivequantities,subjecttoBUYER’sapproval.
(5)SELLERshallatalltimesendeavortomaintainareasonablelevel(25%)ofinventorytosupportBUYER’sprocurementofrelevantpartnumbersfromthisAgreement.ThefirstyearshallbebasedontheannualconsumptionfigureprovidedbyBUYERasdescribedintheAppendix“A”.Forthesecondyear,SELLERshallbaseonthepurchasequantityofthefirstyearforinventorymanagement.
(6)SELLERmaydiscontinuesupplyinganyitemduringthecontractualperiodintheeventthatthemanufacturerdiscontinuesproductionofsuchitem.SELLERcancontinuetosupplyalternativepartnumber,ifany,withtheapprovaloftheBUYER.BUYERreservestherighttodiscontinuebuyinganyspecificitemphasedoutbyBUYERduetosomereliabilitydecisionsduringthecontractualperiod.
3.LEADTIME
(1)Normalorders:
ThreeworkingdaysforAppendixitems.
(2)AOG/Criticalorders:
SELLERwillmakeeveryefforttoshipAOGmaterialwithinfour(4)hoursandcriticalpartswithintwenty-four(24)hoursduringworkingdaysandhours.Foroff-officehoursandnon-workingdays(Saturday,SundayandpublicholidaysinSingapore),SELLERwillmakeeveryefforttoshipoutwithintwelve(12)hoursuponreceiptoforder.
4.PACKINGANDSHIPPING
(1)ExportstandardpackingcompatiblewithATA300specificationshouldbefollowedbySELLER.
(2)BUYER’spurchaseordermustbeshownonthepackageandallpaperdocuments.
(3)SELLERundertakestorouteshipmentinaccordancewithBUYER’sinstructionandnotifiesBUYERinwritingaboutthedateofshipment,theshipmentinformationanddetailssuchasAirWaybillandflightnumbers,togetherwithotherdocumentshereinaftermentionedandtofurnishallnecessarycopiesthereoftoBUYERbye-mail.
5.QUALITY
Theconditionofallgoodsontheordershallbefactorynewunlessstatedotherwiseanddeliveredwithappropriatecertificate.Itshallconformtoallspecificationcalledoutoftheitemsonorder.
6.PRICINGANDPAYMENT
(1)AllpricesintheAppendixarefirmfixedpricesforshipmentasfromexecutionofthisAgreementonthrough31Dec2017.Theunitpriceincludesnon-DGpackagingfee.
(2)Anypriceadjustmentwithintheagreementperiodhastoberequestedbyeitherpartyinwritingwithatleastsixty(60)daysnoticeandshallnotcomeintoeffectuntiltheotherpartyagrees.Seller/Buyerreservestherighttodiscontinuesupplying/buyingtheaffecteditemsintheeventanagreementcannotbereachedforthenewpricewithoutjeopardizingtheentireagreement.
(3)PricingshallbeinUSdollarsandEx-WorksSingaporeorEx-Workscountryoforigin.DirectshipmentfromcountryoforigintotheBUYERmaybeexecutedwhenitemsarerequiredcriticallyintheeventthattheSELLERhasnilorinadequatestock.
(4)Forinvoicing,originalandonecopyoftheinvoicetogetherwiththeshippingdocumenttobeforwardedforpaymentto**AirlinesCo.,Ltd.
(5)Paymenttermsshallbewithin60daysfromdateofinvoice.PaymentshallbeinU.S.DollarsviaTTtothefollowingbankaccountofSELLER.
(6)AdditionalitemsforsalecanbeaddedtothisAgreementduringthecontractualperiodifdeembeneficialtobothparties.Whenanewitemisadded,thepricewillremainfirmduringthecontractualperiod.
7.REBATE
(1)AsanincentivefortheAgreement,SELLERagreestoofferatwo
(2)percentrebateschemestoBUYERforallpurchasesplaceddirectlytoSELLERinexcessofUSDattheendoftheagreement.
(2)ThevaluetakenshallbaseoninvoicesdatedasfromexecutionofthisAgreement.
(3)Theannualvaluetakenshallbaseonlyonvalueofgoodsanddoesnotincludeotherincidentalchargeslikepackingfee,freightcharges,etc.
(4)Therebateshallbepaidupintheformofcreditwithin90daysuponcompletepaymentofthequalifyingyear.
8.INSPECTIONANDACCEPTANCE
(1)TheGOODSwillbesubjecttoaninspectionandacceptancebyBUYER.
(2)SELLERshallbeadvisedbyBUYERofallallegedunconformitytospecifications,shortages,over-shipment,damages,missingorwrongmaterialsshippedwithinthirty(30)daysafterthedateofreceipt.Sellershallresponsiblyrespondand/orresolvethesediscrepancieswithin2weeksfromdateofnotification.
(3)ForanyrejectedGOODStobereturnedtoSELLERaftermutuallyagreed,SELLERshallberesponsibleforalltransportationcostsincurredforthereturnoftherejectedGOODSandthereplacementthereof.
9.TITLE,RISKOFLOSS
Title(freeandclearofalllien)toandriskoflossofGOODSpurchasedbyBUYERshallpasstoBUYERatthetimewhentheGOODShavebeeninspectedandacce**dbyBUYER.
10.TAXES
AnyTaxes(otherthantaxesonincomeapplicabletothistransaction),duties,fees,chargesorassessmentsofanynatureleviedbygovernmentalauthorityinSingaporeorwheretheofficeofSELLERisregistered(whetherimposedatthetimeofdeliveryorthereafter)shallbefortheSELLER’saccountandshallbepaiddirectlybySELLERtothegovernmentalauthorityconcerned.
11.EXCUSABLEDELAY
(1)IfatanytimeSELLERshallconcludethatanyoftheGOODSorderedwillbecomesubjecttoadeliverydelayduetocausebelowmentioned,SELLERshallnotifyBUYERimmediatelyoftheeventandtherevisedtargetshippingdate.Inallevents,thenotificationshallbemadetoBUYERpriortotheduedeliverydateasstatedintherelatedPURCHASEORDER.
BUYERshallconsidertheexcusabledelayraisedbySELLER.IfBUYERagreeswithSELLERdeclaringthecauseofexcusabledelay,suchdeclarationwillberegardedasan“excusabledelay”andtheperiodofshipmentshallbeextendeduntilthecauseofexcusabledelayisremovedorends.
(2)Insuchcase,SELLERshallnotbeliablefordelayordefaultindeliveryduetocausesbeyonditscontrolandnotresultingfromitsfaultornegligence.Suchcausesincludebutarenotlimitedtowar,fire,actofGod,flood,epidemic,quarantine,restriction,strike,freightembargo,unusuallysevereweatherandactorrulingoftheGovernment.
SELLERshalluseitsbestefforttoremovethecauseofsuchexcusabledelayandresumeworkassoonaspossible.
(3)IfSELLERfailstodelivertheGOODSwithintheschedulespecifiedintheorder,BUYERreservestherightstocanceltheorderwithoutanyextracharge.
12.PENALTYCLAUSE
ForfailureordefaulttoperformanyofitsobligationsunderthisAGREEMENTwhichincludesbutnotlimitedtonon-delivery,delaydelivery,deliveryofwrongconditionorspecificationorunqualifiedGOODSofwhichitscauseisnotconsideredasexcusableasperstatedinArticle11,SELLERagreestoreimbursetheBUYER