合同英语翻译成英文.docx

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合同英语翻译成英文.docx

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合同英语翻译成英文.docx

合同英语翻译成英文

AGREEMENT

THISAGREEMENTmadeon1stDayofDecember,2010byandbetween,A,acorporationdulyorganizedandexistingunderthelawsofTheGovernmentofB,withofficeatC(hereinaftercalled“Buyer”),andDacorporationdulyorganizedandexistingunderthelawsofTheGovernmentof_E,havingitsplaceofbusinessatG(hereinaftercalled“Seller”)

WITNESSETH

WHEREA,SBuyerdesirestopurchase,andSelleriswillingtoselltoBuyer,theproductsorserviceswhicharesetforthinArticle2hereof(hereinaftercalledthe“Products”)uponthetermsandconditionswhicharehereinaftersetforth.

NOWTHEREFO,RinEconsiderationofthepremisesandthemutualcovenantshereincontained,thepartiesheretoherebyagreeasfollows;

ARTICLE1.DEFINITIONS

InthisAgreement,unlessthecontextotherwiserequires:

1.1.“IncomingInspection”shallmeanthetestsetoutinthePurchaseOrderorotherrelateddocumentattachedheretotoestablishwhethertheProductsmeetthetestcriteriapertainingto

themintherelevantPurchaseOrder.

1.2.“ConfidentialInformation”shallmeananyand

allinformationowned,created,orpossessedbythe

disclosingpartythatthedisclosingpartydesirestoprotectasconfidentialagainstunrestricteddisclosureorimpropercompetitiveuse,including,butnotlimitedto,discoveries,ideas,concepts,know-how,techniques,designs,specifications,drawings,blueprints,tracings,diagrams,models,samples,flowcharts,data,computerprogramsanddocumentation,disks,diskettes,tapes,marketingplans,customernames,lists,orproposals,patentapplications,businessinformation,strategicanddevelopmentplans,employeelists,businessmanuals,technicalor

financialinformation,orsketches,whetherconveyedascommunicationsordatainoral,written,graphic,orelectromagneticformorotherwise,andallotherinformationwhichmaybedisclosedbythedisclosingpartyortowhichthereceivingpartymaybeprovidedaccessbythedisclosingpartyorothersinaccordancewiththisAgreement,whichisnotgenerallyavailabletothepublicandallConfidentialInformationshallbeclearlyidentifiedasconfidential.

1.3.“Delivery”shallmeandeliveryoftheProductinthePurchaseOrder.

1.4.“Defect”shallmeanany(i)reproducibledefectsinanyProductswhichcauseitnottofunctioninconformancewiththeSpecifications,and(ii)SoftwaremiscodingwhichresultsintheSoftwarefailingtofunctioninconformancewiththeSpecifications,ifsuchfailureisreproducible.

1.5.“Product”shallmeanthetangibleproductsspecifiedinthePurchaseOrder.

1.6.“PurchaseOrder”shallmeanBuyer'sdocumentsettingouttheProducts,PriceandanyfurtherdetailconcerningdeliverytoBuyer.

1.7.“QualityProblem”shallmeananynegligenceofSellerthatcausesthedefectintheProducts,thelinestoppageinBuyer'smanufacturingprocess,

claimsfromBuyer'sendcustomers.

1.8.“Service”shallmeantheworkthatSellerperformsforBuyerasdescribedinthePurchaseOrder.

1.9."Specifications"shallmeantheengineering,operationaland/orfunctionaldescriptions,detailsandrequirementsfortheProduct,assetforthinthePurchaseOrderasthesamemaybemodifiedasprovidedherein.

ARTICLE2.PRODUCTS

2.1.Sellershallprovidetheproductorservice(“Product”)toBuyerasspecifiedintherelevantPurchaseOrderassetforthinAppendixA.attachedheretoandmadeaparthereof.

2.2.Priortothestartofactualtransaction,BuyerandSelleragreetodiscussandreachanagreementonthenameoftheProducts,partsnumber,specifications,unitprice,deliveryleadtime,orderplanning,minimumorderquantity,minimumdeliveryquantity,placeofdelivery,etc.inaccordancewiththePurchaseOrder.

2.3.ThetermsandconditionsofthePurchaseOrdershallcontroltotheextentofanyconflictbetweenthetermsandconditionshereinandthoseinthePurchaseOrder.

ARTICLE3.QUALITYASSURANCE

3.1.EngineeringorProcessChanges

3.1.1.Sellershallnotchangeitsproductionconditionsduringthefirstsix(6)monthsafterissuanceofthePurchaseOrder.Ifthereisa

specialreasonforchanging,SellershallindicatetoandobtainapprovalfromBuyerregardingthemajorchangewhichmayincludeallprocesschanges,sourcingchanges,designchanges,componentstepping

changes,geographicalrelocationofmanufacturingsite,drawingchangesorprocessstepdiscontinuancethataffecttheagreedspecifications,themechanicalformorfit,thepackaging,theenvironmentalcompatibility,thelife,thereliabilityorthequalityofProducts.

3.1.2.WhenSellerhasmadeanychangeswithoutpriorapprovalfromBuyeranditcausesanyfailureinBuyer'sproductionormarketingprocess,Buyershallbeentitledtoclaimreimbursement,replacementorscreeningtoSeller.ThespecificamountofcompensationshallbedeterminedbymutualnegotiationbetweenBuyerandSeller.

3.2.ManufacturingProcessControl

3.2.1.

Seller

SellershallperformananalysisonallfailuresthatoccurredduringthemanufacturingprocessfortheProductssuppliedtoBuyerandimplementthenecessarycorrectiveaction.shalldocumentthedate,month,line,andproductsusedduringthecorrectiveactivity.

3.2.2.SellershallprovidetoBuyerarootcauseandcorrespondingcorrectiveactionplanforeachfailurereportedbyBuyerorcustomerswithinseven(7)daysafterSellerreceivedthefailurereport

3.3.ReliabilityTest

3.3.1.SellershallperformaperiodicreliabilitytestontheproductionoftheProductaccordingtotheBuyer'spre-approvedtestplanby

usingqualifiedemployeesandtestingequipments.Sellershallsubmittheresultto

Buyerforreview.

3.3.2.IncaseSellerisunabletoimplementthereliabilitytestbyitself,SellermayengageBuyer'sfacilityoranyotherauthorizedthirdpartyorganizationstoperformthetest.

3.4.LiabilityforQualityProblems

3.4.1.SellershallbearallresponsibilitiesforanyqualityproblemsoccurringtoBuyer's

manufacturingandmarketingprocessthatis

contributabletotheProductandSellernegligenceandshallcompensateorreimburseBuyerforthecorrespondingloss

3.4.2.Thereimbursement,ifany,shallbecalculatedonamonthly/quarterlybasisandSellershallpaytheamounttoBuyerwithinten(10)daysfromtheendoftherespectivemonth/quarter.

3.5.Supply&CompensationforServiceParts

3.5.1.SellershallsupplyalltheservicepartsrequiredforrepairingtheProductsduringtheobligationperiodstipulatedbytheKoreanlaw.Forinstance,undertheKoreanlaw,the

obligationperiodforcosmeticpartsisfive(5)yearsandforelectricpartsisseven(7)yearsfromthedeliveryoftheProduct.Theobligationperiod

forotherservicepartsshallbedeterminedbyamutualagreementbetweentheParties.

3.5.2.Sellershallcompensateanyloss

sustainedbyBuyerduetodelayinor

unavailabilityofthesupplyofserviceparts.

ARTICLE4.PURCHASEPRICE

4.1.ThepriceoftheProductsshallbeagreeduponbetweenthePartiesheretoandsetforthinthePurchaseOrderunderAppendix().

4.2.AfterthepriceoftheProductsisdeterminedbytheparties,intheeventthatthereoccursanydrasticchangeintheeconomicconditionssuchaseithersuddenriseorfallingofproductpriceinfairmarket,BuyerandSelleragreetomakeagoodfaithdiscussionontherevisionofthepriceoftheProducts.

ARTICLE5.DELIVERY

5.1.TheSellershalldelivertheProductinaccordancewiththeDeliveryscheduleinthePurchaseOrder.IntheeventthataforesaidDeliveryscheduleischanged,theSellershallimmediatelynotifythechangedscheduletotheBuyer.TheSellershallnotchangetheDeliverydatewithoutawrittenconsentbytheBuyer.

5.2.TheSellershallgiveaconfirmationtothe

BuyeroftheDeliveryschedulewithin(3)daysupon

receivingPurchaseOrderfromBuyer.

5.3.AlltheProductshallbedeliveredbythe

methodandprocedureandtotheplacedesignatedunderthePurchaseOrdernotlaterthantheDeliverydate.

5.4.TheSellershallguaranteeacontinuoussupplyoftheProductmanufacturedbytheSellerduringthetermofthisAgreementstipulatedunderSection13.1hereto.

ARTICLE6.INCOMINGINSPECTION

6.1.Sellershallcarryouttheinspectionofthe

Productsinaccordancewiththeruleandprocedurewhichshallbeagreeduponbytheparties.SellershallpasstoBuyerthestandardinspectionreportuponeveryDeliveryofProducts.UponDelivery,BuyershallinspectthequantityoftheshipmentoftheProductsandnotifySellerofanyshortageinthequantityoftheProductswithinthirty(30)workingdaysafterthedateofarrivaloftheshipmentattheportofthedestination.

6.2.Inadditiontotheinitialinspection,Buyer,withthereasonableassistanceofSeller,willcarryouttheIncomingInspectionontheProductstosatisfyitselfthattheProductsarecompliancewiththeacceptancecriteriapertainingtothem.Buyershall,

assoonasreasonablypracticablefollowingthedeliveryofsame:

(i)accepttheProductandsoinformSellerinwriting;or(ii)iftheProductcontainsmaterialDefects,rejecttheProductandprovideSellerwithawrittenstatementofsuchmaterialDefects.

6.3.Seller,atitsexpense,willpromptlycorrectthematerialDefectssetforthinthestatementofmaterialDefectswithrespecttoanyProductsandredelivertheProducttoBuyerwithinsuchreasonableperiodoftimeasmaybeagreeduponbyBuyerwithregardtoallcircumstancesaffectingtheProduct.Buyershall,assoonasreasonably

practicableaftersuchredelivery,acceptorrejecttheredeliveryinaccordancewiththeproceduresetforthinSection6.2,whichprocedureshallberepeateduntiltheProductsareacceptedorBuyerinvokestheprovisionsofSecti

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