PROCESSING CONTRACT
This Processing Contract was made on 01st of Mar, 2014, by and between:
SAMSUNG ELECTRONICS VIETNAM CO.,LTD
Add: Yen Phong 1 Industrial Park, Yen Trung Ward, Yen Phong District, Bac Ninh Province
Tel: (84)-241-369-6049 Fax: (84)-241-369-6003
Respentation by: Yoo Young Bok
Position: General Director
Here -in-after called: Party A
and
INTOPS VIETNAM CO.,LTD
Add: Yen Phong 1 Industrial Park, Long Chau Ward, Yen Phong District, Bac Ninh Province
Tel: (84)-241-3699-800 Fax: (84)-241-3699-800
Respentation by: Lee Bok Kyun
Position: General Director
Here-in-after called: Party B
Both parties agreed to sign “Processing Contract” of materials and products as follow terms and conditions belows:
Article 1: Comodity, Quantity and Price
1.1. Party A agreed to hire party B for processing goods.
1.2. Quantity, Prices of processing contract is only pre-calculated, specify quantity and price of bill will be shown in annex of contract.
Article 2: Raw Materials
1. Party A provide free raw material to party B. Detail raw materials are follow annex of contract.
2. All raw materials was provide as scheldule in time.
3. Party B take responsibility of making customs procedures for importing raw material. In case losing or damage raw material, party B must inform to party A immediately to adjust quantity ….
Article 3: Delivery
1. Party B take responsibility of delivering products and other nesessary document to party A as scheldule, consignee may be party A or third party was specified by party A
2. Before exporting the product, party B must be informed to party B about detail information of goods.
Article 4: Payment
1. Party A agree to make payment to party B for all charge of processing within 60 days after receiving products and dossiers.
2. Term of payment by T/T
Article 5: Waste Method
1. After finishing a processing contract, all raw materials, wastage and self product was returned to party A or …
2. Both parties will make …
Article 6: Other regulations
1. During the time of contract performance, any change in contract and its appendix contents shall be agreed by both parties in written
2.