Frozen Krill Contract
CONTRACT No. FRKL145
Between the undersigned:
Bradiaga Krills Ltd, a company whose head office is located at 5 Profsouznaya st., Murmansk, Russian Federetion, represented by General Manager Mr. Ivan Ivanov hereinafter referred to as the “Seller”
on the one hand
and
Bizzard Ltd, a company whose head office is located at 34 King st., Aberdeen, United Kingdom, represented by General Manager Mr. Elton John hereinafter referred to as the Buyer
on the other hand
WHEREAS the Seller is a major finishing company operating in the Antarctic sea;
WHEREAS the Buyer is the main European supplier of sea products to the pharmaceutical and cosmetic industry;
WHEREAS the Seller wishes to sell frozen krill’s in Europe via a highly qualified distributor with a large European network;
WHEREAS the Buyer has been selected by the Seller;
THE PARTIES have concluded this Contract as follows:
1.Subject of the Contract
1.1 Seller has sold, and Buyer has bought frozen krill are produced in 2009, Russian origin.
1.2 The duration of the present Contract (hereinafter « the Contract ») shall be 1 year, starting May 1st 2009. The Buyer shall acquire from the Seller a minimum of 350 tons / year of frozen krill’s species Euphausia superba (hereinafter « the Products »). This agreement shall be renewed by tacit renewal if the quota is met.
2. Price and Total Cost of Contract
2.1 Price on goods sold under the present contract are specified in Great British Pounds (GBP). The price per ton shall be 985 (Nine hundred eighty five) GBP. This price has been established based on the Ruble (RUB) / GBP conversion rate as of April 30, 2009. Should the variation of such conversion rate exceed 5%, the parties shall meet to negotiate a new price.
2.2. Cost of packing is included in the price. The packing delivered together with the goods and is irrevocable.
2.3. The total quantity of the contract is 350 tons, 10% more or less at the Seller discretion. Monthly orders
Between the undersigned:
Bradiaga Krills Ltd, a company whose head office is located at 5 Profsouznaya st., Murmansk, Russian Federetion, represented by General Manager Mr. Ivan Ivanov hereinafter referred to as the “Seller”
on the one hand
and
Bizzard Ltd, a company whose head office is located at 34 King st., Aberdeen, United Kingdom, represented by General Manager Mr. Elton John hereinafter referred to as the Buyer
on the other hand
WHEREAS the Seller is a major finishing company operating in the Antarctic sea;
WHEREAS the Buyer is the main European supplier of sea products to the pharmaceutical and cosmetic industry;
WHEREAS the Seller wishes to sell frozen krill’s in Europe via a highly qualified distributor with a large European network;
WHEREAS the Buyer has been selected by the Seller;
THE PARTIES have concluded this Contract as follows:
1.Subject of the Contract
1.1 Seller has sold, and Buyer has bought frozen krill are produced in 2009, Russian origin.
1.2 The duration of the present Contract (hereinafter « the Contract ») shall be 1 year, starting May 1st 2009. The Buyer shall acquire from the Seller a minimum of 350 tons / year of frozen krill’s species Euphausia superba (hereinafter « the Products »). This agreement shall be renewed by tacit renewal if the quota is met.
2. Price and Total Cost of Contract
2.1 Price on goods sold under the present contract are specified in Great British Pounds (GBP). The price per ton shall be 985 (Nine hundred eighty five) GBP. This price has been established based on the Ruble (RUB) / GBP conversion rate as of April 30, 2009. Should the variation of such conversion rate exceed 5%, the parties shall meet to negotiate a new price.
2.2. Cost of packing is included in the price. The packing delivered together with the goods and is irrevocable.
2.3. The total quantity of the contract is 350 tons, 10% more or less at the Seller discretion. Monthly orders