Delivery Terms: - Shipment within 60 days after receipt of down payment. Payment Terms: Payment of the contract with following schedule: - 30%: The payment shall pay by T/T the downpayment to the Seller within 15 days after the signature of the Contract. The Contract then comes into effect. - 70%: The buyer shall pay to the seller 70% of total contract amount before the seller`s ship the machine to XINGANG, CHINA. Equipment Manufacturing and Inspection/Test 1. The Seller manufactures the equipment according to the relevant standards strictly and tests the equipment according to the technical documents. 2. The Buyer shall inspect and test the commodities at the Seller`s factory at the Seller informs to confirm their conformity to the Contract Specifications. If the Buyer fails to arrive on time, the Seller shall have the right to deliver the goods according to the date stipulated in the Contract. T Technical Documents The Seller shall submit the following documents in English: 1. Foundation Plan (including the arrangement of water, electricity and air etc.) 2. Arrangement Plan 3. Operation Instruction (including the structure diagrams of the equipment, operation instruction, maintenance and trouble shooting, safe rules, consumable parts list and purchased parts list) I Installation, Commissioning, Test and Training 1. The engineers from the Seller shall supervise the installation on site and fulfill the commissioning. They should start off within 10 days after they get the information from the Buyer. 2. The Seller trains the operators of the Buyer during the commissioning 3. Commissioning: about 3 engineers in 30 days. 4. The Buyer shall pay for the international air tickets and the local, such as board and lodging, daily transportation, communication,Insurance, etc. The Buyer shall pay USD 50 /day /person to the Seller for the commissioning. 5. The Buyer shall prepare an interpreter for better communication between the two sides. |