CIF Model Contract for Importation of Contract Plant.docx

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CIF Model Contract for Importation of Contract Plant.docx

CIFModelContractforImportationofContractPlant

CIFModelContractforImportationofContractPlant

TableContent

Chapter1……………………………………Definition

Chapter2……………………………………ScopeoftheContract

Chapter3……………………………………Price

Chapter4……………………………………Payment

Chapter5……………………………………DeliveryandInsurance

Chapter6……………………………………PackingandMarking

Chapter7……………………………………TechnicalDocumentation

Chapter8……………………………………DesignandDesignLiaison

Chapter9……………………………………StandardsandInspection

Chapter10……………………………………Erection,TestRuns,Commissioning,

PerformanceTestandAcceptance

Chapter11……………………………………GuaranteeandWarranty

Chapter12……………………………………ImprovementandGrant-back

Chapter13……………………………………Confidentiality

Chapter14……………………………………Claim

Chapter15……………………………………Cancellation

Chapter16……………………………………ForceMajeure

Chapter17……………………………………TaxesandDuties

Chapter18……………………………………Arbitration

Chapter19……………………………………EffectivenessoftheContract

andMiscellaneous

 

ListofAppendices

 

Appendix1TheListofContractEquipmentwithintheSeller'sSupplyScope(Omitted)

Appendix2ContentsofPatentand/orKnow-howandDeliveryScheduleofelatedDocumentation(Omitted)

Appendix3Specification,Performance,GuaranteeIndicesandWarrantyfortheContractEquipment,ContractPlantandContractProduct(Omitted)

Appendix4TheContentsofTechnicalServiceandtheTreatmentfortheSeller'sTechnicalPersonnel

Appendix5TheContentsofTechnicalTrainingandtheTreatmentfortheBuyer'sTechnicalPersonnel

Appendix6TheDeliveryScheduleofContractEquipment(Omitted)

Appendix7TheListoftheItemizedPricefortheContractPlant(Omitted)

Appendix8TheArrangementforDesignLiaisonandDeliveryofDesignPackage(Omitted)

Appendix9TheStandardandCodesforDesign(Omitted)

Appendix10TheArrangementforErection,TestRuns,Commissioning,PerformanceTestandAcceptance(Omitted)

Appendix11TheSpecimenofIrrevocableLetterofGuaranteeforAdvancePaymentIssuedbytheSeller'sBank

Appendix12TheSpecimenofIrrevocableLetterofGuaranteeIssuedbytheSeller'sBank

CIFModelContractforImportationofCompletePlant

ContractNo.__________________.

DateofSignature:

_____________.

PlaceofSignature:

_____________.

 

ThisContractismadeandenteredintothroughfriendlynegotiationbyandbetweenChina____________________Corporation,acorporationorganizedandexistingunderthelawsofthePeople'sRepublicofChina(hereinafterreferredtoas"theBuyer"),asonepartyand__________,acorporationorganizedandexistingunderthelawsof__________(hereinafterreferredtoas"theSeller"),astheotherparty,underthefollowingtermsandconditions:

Chapter1Definition

IntheContractunlessthecontextotherwisedefines,

1.1ContactEquipmentmeanstheequipment,materials,sparepartsoranypartthereofsuppliedbytheSellerincludingthosewithwhichContractProductsareproduced,detailsofwhicharespecifiedinAppendix1and3totheContract.

1.2ContractPlantmeanstheplantcomprisedofContractEquipment,Technologyandthecompletesetsofauxiliaryfacilities,detailsasperAppendix3totheContract.

1.3ContractProductmeanstheproductsmanufacturedintheContractPlant,thetechnicalspecifications,performanceandguaranteeindicesofwhicharespecifiedinAppendix3.

1.4ContractPricemeansthesumpayabletotheSellerundertheContractforfullandproperperformanceofitscontractualobligations,detailsofwhicharespecifiedinAppendix7.

1.5ContractCurrencymeansthecurrencyinwhichthepaymentismadeundertheContract,namely____________________.

1.6BothParties'Banks,referto_____________,asBuyer'sBank;____________________,asSeller'sBank.

1.7Erectionmeanstheinstallationoftheequipment,sparepartsandmaterialsincludingplacingandconnectingthepartstotheirpositionsaccordingtothedesigndrawing,detailsofwhicharespecifiedinAppendix10.

1.8TestRunsmeansthetestconductedrespectivelyontheindividualequipmentandaseriesofequipmentafterErectioninordertocheckthemechanicalperformanceofContractEquipment,detailsofwhicharespecifiedinAppendix10.

1.9CommissioningmeanstheinitialproductionoftheContractPlantforthepurposeofcarryingoutthePerformanceTestaftertheutilitiesbeingconnectedandtherawmaterialsbeingputintotheContractPlant,detailsofwhicharespecifiedinAppendix10.

1.10PerformanceTestmeansthetestsconductedpursuanttoAppendix10,inordertoidentifywhethertheContractPlantandtheContractProducthaveachievedthetechnicalperformanceandguaranteeindicesspecifiedinAppendix3.

1.11AcceptancemeanstheBuyeracceptstheContractPlantafteritreachesthetechnicalperformanceandguaranteeindicesspecifiedinAppendix3.

1.12PortofShipmentandUnloadingrefersto____________________port,asPortofShipment;____________________portasPortofUnloading.

1.13DestinationAirportrefersto____________________,PRC.

1.14JobSitemeanstheplacewheretheContractPlantislocated,namely____________,________________city,________________Province,PRC.

1.15SiteRepresentativemeanstherepresentativenominatedrespectivelybyeachParty,whoisinchargeofallthematterswithrespecttothecontractualobligationsoftherespectivePartyontheJobSite.

1.16TechnicalDocumentationmeansthetechnicalindices,specifications,drawingsanddocumentsrelatedtoDesign,Inspection,Erection,TestRuns,Commissioning,PerformanceTest,operationandmaintenanceofContractPlant,detailsofwhicharespecifiedinAppendix2,3,8and9.

1.17TechnicalServicemeansthetechnicalinstruction,assistanceandsupervisionrenderedbytheSellertotheBuyerwithrespecttoErection,TestRuns,Commissioning,PerformanceTest,operation,maintenanceandotherworkrelatedtotheContractPlant,detailsofwhicharespecifiedinAppendix4.

1.18TechnicalTrainingmeansthetrainingrenderedbytheSellertotheBuyerwithrespecttoErection,TestRuns,Commissioning,PerformanceTest,operation,maintenanceandotherworkrelatedtotheContractPlant,detailsofwhicharespecifiedinAppendix5.

1.19InspectionAuthoritiesreferstothelocalinspectionbranchofStateAdministrationforEntry-ExitInspectionandQuarantineofPRClocatedat/nearthePortofUnloadingand/ortheJobSite.

1.20WarrantyPeriodmeansaperiodstartingfromthedateofacceptance,duringwhichtheSellerwarrantstheproperandstableoperationoftheContractPlantandisresponsibleforeliminatinganydefectswithrespecttotheContractPlant,detailofwhicharespecifiedinAppendix3.

1.21EffectiveDateoftheContractmeansthedatewhenthecontractisapprovedbycompetentauthoritiesoftherespectiveParty'scountries.

Chapter2ScopeoftheContract

2.1TheBuyeragreestobuyfromtheSellerandtheSelleragreestoselltotheBuyer__________(ContractPlant),includingtheContractEquipment,licensedpatentand/orknow-how,design,TechnicalDocumentation,TechnicalServiceandTechnicalTraining,contentsofwhicharespecifiedinAppendix1,2,4,5,8and9.

2.2TheSellershallsupplytheContractEquipmentlistedinAppendix1.Thetechnicalspecification,performanceandguaranteeindicesoftheContractEquipmentarespecifiedinAppendix3.

2.3TheSelleragreestogranttheBuyeraexclusive/ornon-exclusiveandtransferable/ornon-transferablelicensetousethepatentand/orknow-howinordertomanufactureandselltheContractProductwithintheterritoryofPRC,andexportto__________(country),detailsofwhicharespecifiedinAppendix2.

TheSellershallnotprohibittheBuyerfromusingthepatentand/orknow-howaftertheexpirationoftheContract.

2.4TheSellershallundertakethedesignworkwithrespecttotheContractPlant,detailsofwhichshallbeasperAppendix8.

2.5TheSellershallsubmittotheBuyertheTechnicalDocumentationasspecifiedinAppendix2,3,8,and9.

2.6TheSellershalldispatchitsexperienced,healthyandcompetenttechnicalpersonneltotheJobSitetorenderTechnicalService,detailsasperAppendix4.

2.7TheSellershallrenderTechnicalTrainingtothetechnicalpersonneldispatchedbytheBuyer.Thenumberofpersonnel,trainingplaceandtheextentoftrainingareshowninAppendix5.

2.8TheSellershall,attheBuyer'srequest,providetheBuyerwithsparepartsfornormaloperationoftheContractPlantatfavorablepriceswithin_____yearsaftertheAcceptanceoftheContractPlant.AseparateagreementwillbesignedbetweenthetwoPartiesatthattime.

Chapter3Price

3.1ThetotalContractPriceforContractEquipment,licenseofpatentand/orknow-how,design,TechnicalDocumentation,TechnicalServiceandTechnicalTrainingtoberenderedbytheSellerunderthecontract_________(say:

__________only).

3.2ThebreakdownpricefortheContractPlant:

3.2.1PriceforContractEquipment:

A.Priceforequipment;

B.Priceforspareparts;

C.Priceformaterial;

D.Feesforinsuranceandfreight.

3.2.2Feesforlicensedpatentand/orknow-howandrelatedTechnicalDocumentation:

3.2.3FeesfordesignandrelatedTechnicalDocumentation:

A.DesignfeerelatedtoContractEquipmentandrelevantTechnicalDocumentationfee;

B.Designfeerelatedtolicensedpatentand/orknow-howandrelevantTechnicalDocumentationfee;

3.2.4FeesforTechnicalService:

A.FeefortechnicalservicerelatedtoContractEquipment;

B.Feefortechnicalservicerelatedtothelicensedpatentand/orknow-how.

3.2.5__FeesforTechnicalTrainin

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