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Accounts of the parties




THE LEGAL ADDRESSES AND

Other conditions

Arbitration

Sanctions and claims

10.1. Claims concerning lack of Goods, non-accordance of Goods with quality standards, revealed before Goods acceptance, may be made with obligatory call of Seller’s representative.

10.2. The Buyer agrees that in no event shall the Seller be liable for any loss of profit or any indirect, incidental or consequential damages however arising.

 

11.1. Seller and Buyer will settle all disputes or differences, which may arise from the present Contract, by direct negotiations.

11.2. All disputes or differences which may arise from the present Contract or in connection with the same shall be referred for consideration and final settlement to the International Commercial Arbitration Court under the Chamber of Commerce of Ukraine, Kiev.

11.3. The Parties have agreed that during consideration and settlement of disputes Rules of the International Commercial Arbitration Court under the Chamber of Commerce of Ukraine will be applied. By examination of claims Ukrainian material right has priority.

11.4. Arbitration Court consists of one arbiter. The place of Court session is Kiev. Arbitration language is Russian.

 

12.1. The Contract implies and represents complete consent between Parties concerning the subject of the Contract.

12.2. Upon signing the Contract all previous correspondence and negotiations relating to this Contract are to be considered null-and-void.

12.3. The Contract is issued in duplicate, one copy for each Party, in Russian and English legally equal.

12.4. The Contract, all its amendments and supplements, as well as all correspondence concerning the Contract, consigning instructions, including Consignee’s address, hold good in law like originals (facsimile copies of the Contract, amendments and supplements are to be placed by originals within three working days).

12.5. Neither Party has the right to transfer their obligations and rights under the Contract to any third party without a written consent of another one.

12.6. All the correspondence regarding the Contract is kept up English.

12.7. The Parties undertake to recognize acts (documents), issued and signed by Chamber of Commerce and Industry of the respective country.

12.8. The Contract becomes effective and comes into full force from the date of its signing.

SELLER: ‘Plant ‘Fregat’ 1, Korabelna Str. Pervomaisk 55210 Mykolaiv region, Ukraine Tel. No: Fax No: Banking account No:   For and on Behalf of the Seller _____________________ Victor F. Yatsevilov BUYER: Arcata Partners sc 48/46 Belgradzka Str. O2-793 Warsaw Poland Tel. No: Fax No: Banking account No: For and on Behalf of the Buyer __________________ Marek Blaszczak



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