最新补偿贸易英文合同

补偿贸易英文合同

COMPENSATION TRADE CONTRACT

Contract No. ： __________ Date of Signing ： _________ Place of Signing ： ______ The two Parties ：

Party A ： _________________________________ Address ： _________________________________ Tel ： ________________ Fax ： _______________ E-mail ： __________________________________ Party B ： _________________________________ Address ： _________________________________ Tel ： ________________ Fax ： _______________ E-mail ： __________________________________ WITNESSETH

Whereas Party B has machines and equipment, which are now used in Party B''s manufacturing of __________________ , and is willing to sell to Party A the machines and equipment ； and

Whereas Party B agrees to buy the products, _ , made by Party A using the

machines and equipment Party B supplies, in compensation for the price of the machines and equipment, and

Whereas Party A agrees to purchase from Party B the machines and equipment, and Whereas Party A agrees to sell to Party B the products, _________ , in compensation of the price of Party B''s machines and equipment ； Now therefore, in consideration of the premises and covenants described hereinafter, Party A and Party B agree a follows ：

ARTICLE 1 TRANSACTIONS

A) Party B agrees to provide Party A with _____ machines to be used in

production, their auxiliary machinery, accessories and spare parts and a variety of measuring and testing instruments required in the process of production. The details of the models, names, specifications,quantity, prices, packing, delivery , etc. thereof shall be specified in an additional equipment-import agreement to be concluded by and between both parties which shall serve as an component part hereof.

B) The total value of the machines, auxiliary equipment, etc. supplied by part B shall be paid off by Party A with part of the manufactures made therewith and/or other goods, or with

( designate name) products made in (Nameof the plant ) if both parties agree. The specific

name(s) , quantity, price, delivery, etc. of the goods granted as the make-up payment shall be decided in an additional compensation goods-supply agreement made by the parties which shall serve as a component part hereof. The equipment-import agreement and compensation-goods-supply agreement aforesaid may be merged as one called sales agreement on compensation trade ( See appendix ) .

ARTICLE 2 PAYMENT

Both parties agree to open letters of credit in favor of each other, i.e. Party A will open, at regular intervals, long term letters of credit in favor of Party B to pay by installments the total cost of the machines and auxiliary equipment provided by Party B ； whereas Party B will open sight letters of credit in favor of Party A to pay the products to be delivered by Party A. Party A shall pay for the total cost of the machines and auxiliary equipment with the money remitted by Party B as reimbursement for the products to be delivered by Party A. In case the sum to be paid by Party B fails to cover the value of the long-term letters of credit opened by Party A, the difference shall be made up by Party B by paying that much to Party A in advance, before the long-term letters of credit are due, to enable Party A to reimburse on time the long-term letters of credit it opens. The payment of the long-term letters of credit opened by Party A is based on Party B''s opening a sight letter of credit under the provisions

and on its paying the advance required herein. Thus, Party B warrants, guarantees and covenants that it will open the letters of credit and pay the advance as provided herein.

ARTICLE 3 REIMBURSEMENT

Party A shall reimburse Party B for all the machines and auxiliary equipment supplied by Party B by delivering goods to Party B on a monthly basis and the reimbursement will last for___ year（ s） and __________________________________ months（ s）. The reimbursement shall start approximately _ month

（s ） after the first delivery of the machines and,

in principle, the money to be reimbursed per month shall be percent of the

total amount due for the machines. With a _______ month（s ） notice to Party B, Party A may reimburse Party B in advance.

Within the reimbursement period, Party B shall, under the provisions of the additional sales agreement aforesaid, open, sight, irrevocable, divisible and assignable letters of credit, covering the full amount, in favor of Party A.

ARTICLE 4 STANDARD MONEY AND PRICE STANDARD

The standard moneyfor this transaction is （ Nameof currency ）. All the machinery, auxiliary equipment and measuring and testing instruments , etc. provided by Party B shall be valued with

（ Name of currency ） , while the goods provided by Party A to Party B as reimbursement shall

be valued with the basis price （ Nameof currency ） of the same goods exported by Party A at the time when this agreement is entered into, and the total price （ Nameof currency ） shall be changed into that of （ Name of currency ） in accordance with the exchange rate then.

ARTICLE 5 INTREREST

Party A shall pay the interest on its long-term letters of credit and the interest on the cash in advance rendered by Party B. The annual interest rate is agreed upon at %.

ARTICLE 6 TECHNICAL SERVICE

The machinery, after arrival at its destination, shall be installed by Party A, Party B shall dispatch its technicians to render spot instructions and other necessary technical assistance during the installation of the main machines, as may be requested by Party A in case of necessity, Party B shall be liable for the losses resulted in such a course of installation from technical default on its part.

ARTICLE 7 ADDITIONAL EQUIPMENT

During the enforcement of this agreement, if it is found necessary that, in addition to