Ac4-109. Entrusted Export Contract

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 3

ENTRUSTED EXPORT CONTRACT

No.: .....................

Today, ......./......./......, at ................................................................................., we have:

ENTRUSTING PARTY

Company Name: ...............................................................................................................

Head Office Address: .......................................................................................................

Telephone: ............................... Telex: ................................... Fax: .................................

Account No.: .............................................. at ..................................................................

Representative: ....................................................... Position:...........................................

Authorization No. (if any): ...............................................................................................

Date of Issue: .................................., Issued by ................................................................

In this contract referred to as Party A.

ENTRUSTED PARTY

Company Name: ...............................................................................................................

Head Office Address: .......................................................................................................

Telephone: ............................... Telex: ................................... Fax: .................................

Account No.: .............................................. at ..................................................................

Representative: ....................................................... Position:...........................................

Authorization No. (if any): ...............................................................................................

Date of Issue: .................................., Issued by ................................................................

In this contract referred to as Party B.

The two parties agree on the following terms:

ARTICLE 1: SCOPE OF ENTRUSTED WORK

1.1 Party A entrusts Party B to export the following goods:

No. Item Name Unit Quanti Unit Total Note

Mauvanban.vn
2

ty Price Amount

1.2 Total value in VND (in words): ..................................................................................


1.3 Total value in foreign currency (in words): ................................................................

ARTICLE 2: PRODUCT QUALITY SPECIFICATIONS

2.1 Party B is responsible for advising Party A on product quality standards,


quarantine requirements, packaging, and sampling for product offerings from the
production or processing stages.
2.2 Party A must provide Party B with necessary documentation on specifications,
quality, and samples for product offering.
2.3 Party A is responsible for the quality and quantity of goods within the packaging,
as per their initial offering.

ARTICLE 3: OWNERSHIP OF EXPORTED GOODS

3.1 Goods entrusted for export remain the property of Party A until ownership is
transferred to the foreign buyer. Party B does not gain ownership at any stage.
3.2 Party B must facilitate Party A’s involvement in negotiations and transactions with
foreign buyers regarding their goods.
3.3 Party A guarantees that the goods entrusted for export will not be transferred or
pledged to others without Party B’s consent.

ARTICLE 4: TRANSPORTATION AND EXPORT TRANSACTION OF


ENTRUSTED GOODS

4.1 Party A must deliver goods to the designated location and on the specified date.
4.2 Party B is responsible for conducting export transactions within [number] days. If
unsuccessful, Party B must notify Party A promptly for further handling.
4.3 Party B shall seek favorable export terms for Party A regarding price and payment.

ARTICLE 5: SALES PROCEEDS

5.1 Party B must ensure that necessary documentation is provided to the bank to
facilitate Party A’s receipt of foreign currency.

Mauvanban.vn
3

5.2 Party A has the right to use the foreign currency in accordance with state
regulations, while Party B holds no ownership.

ARTICLE 6: RISK MANAGEMENT

Party A bears the risks during the entrusted export if Party B demonstrates that it has
fulfilled its obligations and sought compensation from the third party responsible.

ARTICLE 7: PAYMENT OF ENTRUSTMENT FEES

7.1 Party A will pay Party B an entrustment fee according to state regulations.
7.2 Payment will be made by ...........................................................................................

ARTICLE 8: RESPONSIBILITIES OF PARTIES

8.1 Party A is responsible for compensating for any claims due to product
discrepancies.
8.2 Party B must handle customer complaints and compensate for damages as per its
share of responsibility.

ARTICLE 9: DISPUTE RESOLUTION PROCEDURE

The parties shall inform each other of contract progress and notify each other promptly
of any arising issues. Disputes that cannot be resolved mutually will be settled in court,
with legal costs borne by the responsible party.

ARTICLE 10: OTHER AGREEMENTS (IF ANY)

...

ARTICLE 11: CONTRACT VALIDITY

This contract is effective from ................... to ............................... The parties will


convene to finalize and liquidate the contract at ........... on ..................

This contract is made in ............... copies, each party holding ..................... copies.

REPRESENTATIVE OF PARTY REPRESENTATIVE OF PARTY


A B

(Sign and print fullname) (Sign and print fullname)

Mauvanban.vn

You might also like