Article 4 – TERMS AND CONDITIONS OF SALE AND PAYMENTS:
4.1 Second Party shall purchase products on FOB for order less than USD 80,000 or CIF for order more than USD 80,000 basis and by sea only.
4.2Payments shall be made in U.S. Dollars. Terms of payment shall be T.T or by irrevocable confirmed sight L/C.
4.3Second Party agrees that his purchases of goods from the first party shall be not less than $ 400,000 annually and increased at least 10% yearly.
4.4Each parties pay all fees in his country