The Seller shall sell and deliver to the Buyer _____units of products each unit to contain _____ kilograms of product. The product delivered under this Agreement shall conform to the standard specifications for the product adopted by the _____ Trade Association.

The price shall be _____ dollars per unit, F. O. B_____(place) .

The price specified above is based on freight rates on the goods between the warehouse of the Buyer and the factory of the Seller. If such freight rates increase or decrease, the price specified shall be adjusted accordingly.

Payment shall be made by net cash against sight draft with bill of lading attached showing the shipment of the goods.Such payment shall be made through the _____(bank) of_____(place) . The bill of lading shall not be delivered to the Buyer until such draft is paid.

If the Buyer is unable to sell out the amount of goods which he has agreed to purchase from the Seller, the Buyer may reduce the quantity of goods to be delivered to him by giving notice thereof to the Seller before the shipment is made. If the Seller refuses to agree to the reduction of the amount of goods to be delivered, the Seller may cancel this Agreement.

The Buyer shall give shipping instructions in time and provide necessary shipping space, otherwise, the Seller shall not be under the obligation to make the shipment within the stipulated time.

In case any party fails to perform any of its obligations under this Agreement, the other party reserves the right to cancel the Agreement after the demand in writing addressed to the defaulting party. If the defaulting party has not complied with the demand, the Agreement shall immediately terminate.