MP002LONG TERM AGREEMENT长期供货框架协议文档格式.docx

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MP002LONG TERM AGREEMENT长期供货框架协议文档格式.docx

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MP002LONG TERM AGREEMENT长期供货框架协议文档格式.docx

**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

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