11.

Force majeure:
The Seller shall not be held responsible for the delay in shipment or non-delivery of the goods
due to Force majeure (war war-li!e operation acts of "od riot floods earth#ua!es and so
on$ which might occur during the process of manufacturing or in the course of loading or transit.
The Seller shall advise the %uyer immediately of the occurrence mentioned above and within
fourteen days thereafter the Seller shall inform the %uyer by airmail for their acceptance a
certificate of the accident issued by the competent "overnment &uthorities and'or (ublic
)nstitutions where the accident occurs as evidence thereof. *nder such circumstances the
Seller however are still under the obligation to ta!e all necessary measures to hasten the
delivery of the goods. )n case the accident lasts for more than 1+ wee!s the %uyer shall have
the right to cancel the contract and not e,ecute all or part responsibility of the contract caused
by Force majeure..
1-. .elayed delivery and penalty.
Should the Seller fail to ma!e delivery on time as stipulated in the contract with e,ception of
Force /ajeure causes the %uyer shall agree to postpone the delivery on condition that the
Seller agrees to pay a penalty which shall be deducted by the paying ban! from the negotiated
payment. The penalty however shall not e,ceed 0 1 of the total value of late delivery. The rate
of penalty is charged at +.01 per wee! calculated on the amount of the current delivery of the
goods involved in the late delivery. For every seven days or days less than seven days should
be counted as seven days. )n case the Seller fails to deliver ten wee!s later than the time of
shipment stipulated in the contract the %uyer shall have the right to cancel the contract and the
Seller in spite of the cancellation shall still pay the aforesaid penalty to the %uyer without delay.
12. &rbitration:
&ll disputes in connection with this contract or the e,ecution thereof shall be amicably settled
through negotiation. )n case no settlement can be reached between the two parties the case
under dispute shall be submitted to the )nternational 3hamber of 3ommerce ()33$ for
arbitration in accordance with its rules in effect at the time. The decision made by )33 shall be
accepted as final and binding upon both parties. The arbitration fee shall be borne by the losing
party unless otherwise awarded. .uring the arbitration the two parties should still carry out
partial contract terms which are not arbitrated.
14.5alidate 3ontract
To assure the rights and interest of both parities and the strictly e,ecution of the contract the
contract shall come into effect immediately after the contract is signed by two parties and
notari6ed by notary office. The notari6ation fee should be shared by both parties (0+1 by the
buyer and 0+1 by the seller$. The Supplemental &greement of the contract is also in legal
effect.