Purchase Agreement
This Agreement is made and entered into on this ( )th day of (), 200( ), by and between ABC Co., Ltd.,a corporation duly organized and existing under the laws of the Republic of Korea, having its principal place of business at (주소기재) the Republic of Korea, (hereinafter referred to as the Buyer) and (Seller의 명칭 ),a corporation duly organized and existing under the laws of (Seller의 국가), having its principal office at (Seller의 주소 ), (hereinafter referred to as the
Seller).
WITHNESSETH
WHEREAS, Buyer wishes Seller to manufacture and sell the Products as herein belowdefined and wishes to purchase such Products from Seller ; and
WHEREAS, Seller is willing to manufacture and sell the Products to Buyer on the terms and conditions set forth below.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as flows:
Article 1. Definitions
The following terms as used in this Agreement have the meaning set forth below respectively :
1. Contract Year means the period commencing on the date of this Agreement and having a duration of one (1) year, and thereafter the period commencing in each subsequent year on the correspondent date, having a duration of one (1) year, unless and until sooner terminated as provided in this Agreement.
2. Products mean the goods and/or services sold by Seller to Buyer under this Agreement substantially stipulated in Exhibit A attached hereto.
3. Parts mean any or all parts and/or components assembled or incorporated in these Products for the use or the repair of the Products.
4. Subsidiary means any corporation, partnership or other business entity of which a party beneficiary owns or controls fifty (50) percent or more of the voting stock.
Article 2. Purpose of this Agreement
Under the terms and conditions of this Agreement, Seller agrees to manufacture and sell to Buyer and Buyer agrees to purchase from Seller, the Products as specified in the specifications of the Products previously submitted by Seller to Buyer and herein agreed to by the parties hereto (hereinafter referred to as the Specifications),a copy of which is attached as Exhibit |
2008.04.04
9페이지
