(영문) 독점계약서(Exclusive Sales Contract)

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독점계약서(exclusive sales contract)
an exclusive sales contract has been entered into june 25, 20 between the korea exporting co., c.p.o.box 1234, seoul, korea(hereaf
ter to be referred as party a) and the american importing inc., new york(hereafter to be referred as party b), agreeing on the following terms and conditions.
1.party a grants to party b the right of sole distributorship for the sale of as products in the territory of the united states.
2.party b will work to the best of the ability in order to introduce and establish the largest possible sales in the territory and
the sales target should be three million dollars or more a year.
3.party a will quote to party b the most reasonable prices at all times.all the prices party a quotes to party b shall be in u.s.d
ollars on the basis of cif net american ports, and whatever price party b receives from their customers over and above the net price is for the account of party b.
4.party a shall not offer as products to the above mentioned territory either through their branch or any other organization, and
like-wise party b shall not import the same article from any other korean exporter of such item.
5.draft(s) shall be drawn at 90 days after sight (or b/l date) for the full invoice amount under an irrevocable letter of credit w
hich shall be established within 15 days after the conclusion of the contract.business against d/a draft without l/c should be subject to party as previous consent in each case.in case of d/a deal, interest will be party as account and delay charge, if any, will be paid by party b.
6.party a shall effect marine insurance on all shipments on w.a.for 110% of the invoice amount.war risk or any other additional in
surance, if required, shall be covered by party a for the account of party b.insurance policies shall be made out in u.s.currency, and claims if any payable in new york.
7.except in cases where firm offers are accepted, no orders shall be binding until acceptance is cabled by party a.all orders shal (이하 생략)