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SALESCONTRACT

NO.:2014001

Date:Apir28,2014

Placeofsigning:Zhejiang,China

Thebuyer:MEWORKTextileForeignTradeCompany

NO1,XueshiRoad,Hangzhoucity,Zhejiangprovince,310000,CHINA

Theseller:ValueTextileImportandExportCo.,Ltd.

No.3XueshiRoad,WuxingDistrict,HuzhouCity,ZhejiangProvince,313000,China

Theselleragreestosellandthebuyeragreestobuytheundermentionedgoodsonthetermsandconditionsstatedbelow:

Art.No.

1.NameofCommodities&Specifications

2.Quantity

3.UnitpriceCIFSHANGHAI

1001

sweatersmadebysheepwithSizeS/M/L/XL

500pcs

US$23.00,US$11,500.00

1002

man'strouserswithSizeS/M/L/XL/XXL

500pcs

US$62.80,US$31,400.00

TotalAmount:US$42,900.00

CIFSHANGHAI

4.TotalAmountinwords:SAYUSDOLLARSFORTYTWOTHOUSANDANDNINEHUNDREDONLY

5.CountryofOrigin:ThepeoplerepublicofChina

6.Packing:Art.No.1001tobepackedincartonsof20pcswitheachsizehasfivepcs.

Art.No.1002tobepackedincartonsof20pcswitheachsizehasfourpcs.

Total:50cartons.

7.Shippingmark:MEWORK

8.TimeofShipment:May2014

9.PortofShipment:Shanghai,China

10.PortofDestination:HangZhou,China

11.Insurance:TobecoveredbytheSeller

12.Payment:

Byconfirmed,irrevocable,transferableanddivisibleL/CtobeavailablebysightdrafttoreachthesellersbeforeMay24,2014andtoremainvalidfornegotiationinChinauntil15daysaftertheaforesaidtimeofshipment.TheL/Cmustspecifythattransshipmentandpartialshipmentsareallowed

13.Document:

(1)FullsetofAirwaybillinoriginalshowing“FreightPrepaid”andconsignedtoapplicant.

(2)Invoiceinthreecopies.

(3)PackinglistinthreecopiesissuedbytheSellers.

(4)CertificateoforiginissuedbytheSellers.

14.Termsofshipment:

(1)ForthegoodsorderedinthisContract,thecarryingvesselshallbearrangedbythebuyersorthebuyers’ShippingAgentChinaNationalCharteringCorporation.Thesellersshallbearallthechargesandrisksuntilthegoodsareeffectivelyloadedonboardthecarryingvessel.

(2)Thesellersshalladvisethebuyersbycable,andsimultaneouslyadvisethebuyers’shippingagentattheloadingport,30daysbeforethecontractedtimeofshipment,ofthecontractnumber,nameofcommodity,quantity,loadingportandexpecteddateofarrivalofthegoodsattheloadingport,enablingthebuyerstoarrangeforshippingspace.Absenceofsuchadvicewithinthetimespecifiedaboveshallbeconsideredassellers’readinesstodeliverthegoodsduringthetimeofshipmentcontractedandthebuyersshallarrangeforshippingspaceaccordingly.

(3)Thebuyersshalladvisethesellersbycable,12daysbeforetheexpectedloadingdate,oftheestimatedlaydays,contractnumber,nameofvessel,quantity,tobeloadedandshippingagent.Thesellersshallthenarrangewiththeshippingagentforloadingaccordingly.Incaseofnecessityforsubstitutionofvesseloralterationofshippingschedule,thebuyersortheshippingagentshalldulyadvisethesellerstothesameeffect.

(4)Intheeventofthesellers’failureineffectingshipmentuponarrivalofthevesselattheloadingport,alllosses,includingdeadfreight,demurragefinesetc.thusincurredshallbeforsellers’account.Ifthevesselfailstoarriveattheloadingportwithinthelaydayspreviouslydeclaredbytheshippingagent,thestoragechargesandinsurancepremiumfromthe16thdayafterexpirationofthefreestoragetimeattheportshallbebornebythebuyers.However,thesellersshallbestillundertheobligationtoloadthegoodsonboardthecarryingvesselimmediatelyafterherarrivalattheloadingport,attheirownexpensesandrisks.Theexpensesandlossesmentionedaboveshallbereimbursedagainstoriginalreceiptsorinvoices.

15.Adviceofshipment:

Thesellersshalluponcompetitionofloading,adviseimmediatelythebuyersbycableofthecontractnumber,nameofcommodity,numberofpackages,grossandnetweights,invoicevalue,nameofvesselandloadingdate.

16.Guaranteeofquality:

TheSellershallguaranteethatthecommodityisentirelyinconformitywithwhathasbeenstipulatedintheContractwithregardtoitsqualityspecifications.Theguaranteeperiodshallbe3monthscountedfromthedateonwiththecommodityarrivesattheportofdestination.

17.Inspectionandclaim:

ThebuyersshallhavetherighttoapplytotheGeneralAdministrationofQuantitySupervision,InspectionandQuarantineofthePeople’sRepublicofChinaforinspectionafterdischargeofthegoodsattheportofdestination.ShouldthequalitybefoundnotinconformitywiththecontractorinvoicetheBuyersshallbeentitledtolodgeclaimswiththeSellersonthebasisofAQSIQ’sSurveyReport,within90daysafterdischargeofthegoodsatportofdestination,withtheexception,however,ofthoseclaimsforwhichtheshippingcompanyantheinsurancecompanyaretobeheldresponsible.AllexpensesincurredontheclaimincludingtheinspectionfeeaspertheAQSIQinspectioncertificatearetobebornebythesellers.

18.Forcemajeure:

(1)NeitherpartytothisAgreementshallbedeemedtobeinbreachofthisAgreementorotherwiseliabletotheotherasaresultofanydelayorfailureintheperformanceofitsobligationshereunderifandtotheextentthatsuchdelayorfailureiscausedbyanycircumstancesnotforeseeableatthedateofthisAgreementandnotwithinthereasonablecontrolofthepartyinquestionincluding,withoutlimitation,anyactofGod,outbreakofhostilities,riot,actofterrorism,actionbygovernmentalauthorityorindustrialaction,fire,explosion,flood,destructionofpremises,war,strikes,lock-outsandthetimeforperformanceoftherelevantobligations)shallbeextendedaccordingly.ApartywhoseperformanceofitsobligationsunderthisAgreementisdelayedorpreventedbyanysuchcircumstancesshallforthwithnotifytheotherpartythereof.

(2)Incaseofanyeventstatedinclause18.1arises,theSellershallnotberesponsibleforlateshipmentornon-deliveryoftheproducts.TheSellershallprovideacertificateofsucheventinclause18.1uponrequestofthePurchaser.

19.Notices:

(1)AnynoticeorotherinformationrequiredorauthorisedbythisAgreementtobegivenbyeitherpartytotheothershallbemadeinwritingintheEnglishlanguageandsenttotherecipientattheaddresssetoutbelow,ortosuchotheraddressorfacsimilenumberormarkedfortheattentionofsuchotherpersonastherecipientmaydesignatebynoticegiveninaccordancewiththeprovisionsofthisClause.

SELLER:ValueTextileImportandExportCo.,Ltd.

PURCHASER:

Address:No.3XueshiRd.,WuxingDistrict,HuzhouCity,ZhejiangProvince.

Tel:+86-(0)572-8888555

Fax:+86-(0)572-8888666

Attention:Susie

Address:

Tel:

Fax:

Attention:

(2)Noticesshallbesentbyregisteredpostorbyfacsimiletransmissionandshallbedeemedtohavebeeneffectivelyserved(Ifsentbyregisteredpost)onthedateofreceiptor(ifsentbyfacsimile)onthedateoftransmission.

20.Latedeliveryandpenalty:

ShouldtheSellerfailtomakedeliveryontimeasstipulateintheContract,withtheexceptionofforcemajeurecausesspecifiedinClause18oftheContract,theBuyershallagreetopostponethedeliveryontheconditionthattheSelleragreestopaypenaltywhichshallbedeductedbythepayingbankfromthepaymentundernegotiation.Therateofnegotiationischargedat0.5%foreverysevendays,odddayslessthansevendaysshouldbecountedassevendays.Butthepenalty,however,shallnotexceed5%ofthetotalvalueofthegoodsinvolvedinthedelayeddelivery.IncasetheSellerfailstomakedeliverytenweekslaterthanthetimeofshipmentstipulatedintheContract,theBuyershallhavetherighttocanceltheContract,andtheSeller,inspiteofthecancellation,shallneverthelesspaytheaforesaidpenaltytotheBuyerwithoutdelay.

21.Arbitration:

Anydispute,controversyorclaimarisingoutoforrelatingtothiscontract,orthebreachterminationorinvaliditythereof,shallbesettledthroughfriendlynegotiationsbetweentwoparties.Incasenosettlementcanbereachedthroughnegotiation,shallbesettledbyarbitrationinaccordancewiththeUNCITRALArbitrationRulesasatpresentinforce.ThecaseshallbesubmittedtotheForeignEconomicandTradeArbitrationCommissionoftheChinaCouncilforthePromotionofInternationalTrade.ThereshallbeonlyonearbitratorandthearbitrationshallbeconductedinChinese.Thearbitrationexpensesshallbebornebythelosingpartyunlessotherwiseawardedbythearbitrationorganization.

22.Conditionofsale:

(1)ItisstrictlyunderstoodthattheSellercannotbeheldresponsiblefornon-deliveryordelayeddeliveryofthegoodsorderedifthesituationiscausedbyforcemajeure,war,rebellion,fire,strike,newleviesimposedbygovernment,inabilityoforrefusalbythemanufacturerstofulfilltheContractoranyothercausesbeyondtheSelle

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