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Contract notes

Terms of agreement between CPCO and CII, regarding The Industry Congress 2012:

CPCO shall

1 … as a consultant and make necessary arrangements for the conference.

2 … in planning meetings.

3 …the organizational and administrative work.

4 ..., immediately before and during the conference, special office and secretariate.

CII shall

5 … responsible for the professional, technical and scientific content of the programme.

6 … a scientific secretariate.

CPCO agrees to

7 … a budget.

8 … fees.

9 … a final account of all receipts and expenditure.

CII agrees to

10 … an advance cash flow to the conference account until receipt of fees or other income.

11 … overall financial responsibility for the conference.

12 … CPCO to act on their behalf.

Cancellation: CII shall assume responsibility for all costs in the event of cancellation.

(Note: An appropriate arbitration clause - with the title of an Arbitration Tribunal and the stipulation that any hearing be conducted in an acceptable language to both parties - should be included, along with details of the financial agreements already agreed.)

C. There are twelve verbs missing from the text. Choose the correct one from the three possibilities given below.

  1. act / present / be

  2. participate / invest / address

  3. require / undertake / meet

  4. invite / set up / deliver

  5. be / pay / earn

  6. compete / provide / fax

  7. purchase / trade / draw up

  8. call / demonstrate / collect

  9. sell / produce / let

  10. count/maintain/solve

  11. manufacture / accept / train

  12. authorize / distribute / receive

D. What does the agreement say about these six questions, asked at a planning meeting. Complete the table.

Questions

CPCO

CII

Not stated

  1. Who do people pay their fees to?

  1. Who is responsible the security?

  1. Who has to pay any debts if the congress is cancelled?

  1. Who arranges meals at the congress?

  1. Who decides on the subjects to be discussed?

  1. Who is responsible for local transport?

E. Match the definitions with the words in italics from the text.

  1. an official meeting which is arranged to collect facts about a problem

  2. person giving expert advice

  3. settling of a dispute by an outside person

  4. stopping of something planned from going ahead

  5. section of a contract

  6. a particular condition or requirement

  7. the conditions of an agreement that must be accepted by both sides

  8. companies or people involved in a legal agreement

F. Mike Winter, of Winterwear, has signed a contract with a supplier in Hong Kong. Study the details of the contract and its terms.

Sales Contract

Contract No 601/87 Date........................

This contract is made between SUPREMA LTD hereinafter called the Sellers,

and WINTERWEAR LTD

hereinafter called the Buyers, for the sale and purchase of the undermentioned goods subject to the terms and conditions herein.

Description: Cotton goods: men's garments per pair (trousers, jeans, shirts)

Quantity: 400 Trousers (mixed sizes)

1000 Jeans (" ") per annum for three years

2000 Shirts (" ") per annum for three years

Packing: Export cartons

Price: Trousers: US $6.50 per pair

Shirts: US $5.50 each

Jeans: US $5.75 per pair

Total Value: US $19350.00 per annum

Shipment: For delivery at port of Liverpool on the following dates:

first shipment on or before July 1st 2010;

second and third shipments on or before June 1st 2011 and 2012

Special conditions: Buyers reserve the right to cancel or refuse delivery after the above dates.

Payment: By confirmed irrevocable letter of credit in favour of SUPREMA LTD. HONG KONG, available against sight drafts, after each shipment.

AS WITNESS THE HANDS OF THE PARTIES

For and on behalf of For and on behalf of

WINTERWEAR LTD SUPREMA LTD

……………… …………………………

Buyers Sellers

Notes

herein (after) - in this document

undermentioned - described below

subject to - according to

the hands - the signatures

the parties - those signing the contract

Terms and Conditions

1 The goods may be shipped on any vessel of the Seller's choice.

2 The Buyers shall make no claim for late delivery if the delay is not more than 30 days.

3 Sellers are not responsible for any damage to goods during shipment or transportation.

4 If any part of the goods is lost or destroyed during shipment or transportation, the Sellers shall cancel this contract for the part lost or destroyed.

5 All risks shall be for the Buyer's account when the goods have crossed the ship's rail at the port of shipment.

6 Buyers must take delivery of the goods within seven days of their arrival at the port of discharge.

7 If the Buyers fail to take the delivery of the goods, the Sellers may re-sell the goods at any time.

8 Any claim for damage or fault in the goods shall be made in writing before taking delivery. No claim shall be accepted by the Sellers after delivery has been taken.

A. Talk about the details of the contract.

  1. What is Mike Winter buying?

  2. How much is he paying?

  3. When does he want delivery?

  4. How is he going to pay?

  5. Does he want any special conditions?

B. Study the separate clauses of different contracts and translate them into Russian.

1 Quality of the goods

The quality of the goods should con­form to the sample-references agreed and certified by the Parties as well as to the technical data stated in Supplement Nos.______ to the present Contract.

The quality of the goods is to be con­firmed by a Quality Certificate issued by the Manufacturer. With the first lot of the goods to be shipped to each Consignee the Seller sends one sample-reference of each article which is to send to the same Consignee.

Sam pies-references are to be sealed, and packed into an individual bag with the inscription "Duplicate of Sample- Reference".

Samples references are to be paid by the Buyer. For this purpose it is necessary to indicate by separate line in the invoices for the delivered goods as follows:

  • duplicate of sample-reference,

  • article, size, quantity,

  • price, amount,

  • case No.

2 Delivery dates

  1. The reagents, instruments and accessories indicated in clause 1 of the present Contract are to be delivered: Three months after received by the Sellers of the total value of the contract.

  2. By the time indicated above the reagents, instruments and accessories are to be manufactured, tested, packed, marked and delivered.

  3. Pre-term delivery of the reagents, instruments and accessories in admitted.

  4. The delivery date is understood to be the date of International way bill.

  5. Within 24 hours from the moment of shipment of the good the Sellers at their expense should notify the Buyers by telex/cable of the following:

  • date of shipment,

  • No. of way Bill,

  • description of the goods,

  • No. of the Contract,

  • number of cases.

C. Check your translation of Exercise B with that of Exercise C.

1 Качество товара

Качество товара должно соответствовать образцам-эталонам, согласованным и подтвержденным сторонами, а также техническим условиям, изложенным в приложениях _________ к настоящему Контракту.

Качество товара должно подтверждаться сертификатом о качестве, выданным предприятием-изготовителем. Продавец с первой партией товара для каждого получателя высылает по одному образцу-эталону каждо­го изделия, которое будет отгружаться в адрес данного получателя. Образцы-эталоны должны быть опломбированы, уложены в индивидуальный пакет с надписью «Дубликат эталона».

Образцы-эталоны оплачиваются Покупателем. Для этого в счетах за поставленный товар необходимо указать отдельной строчкой:

  • дубликат образца-эталона:

  • артикул, размер, количество, цена, сумма,

  • номер ящика.

2 Сроки поставки

Указанные в п. 1 настоящего Контракта реактивы, инструменты и принадлежности будут поставлены в течение трех месяцев после получения Продавцом полной суммы настоящего Контракта.

  1. К указанному сроку реактивы, инструменты и принадлежности должны быть изготовлены, испытаны, упакованы, замаркированы и поставлены.

  2. Досрочная поставка реактивов, инструментов и принадлежностей допускается.

  3. Датой поставки считается дата накладной.

  4. Продавец за свой счет должен сообщить по телексу/телеграфу Покупателю в течение 24 часов с момента отгрузки следующие данные:

  • дату отгрузки;

  • № накладной;

  • наименование товаров;

  • № контракта;

  • количество мест.

GRAMMAR