CONTRACT

Block Contract Ref: ACML/H&M/2012-S7-06 Date: 10-20-2012

This irrevocable cortract made between H&M Hennes & Mauritz GBC AB, Master Samuelsgatan 46A 106 38 Stockholm,
Sweden & Aswad Composite Mills Ltd., House#2/B, Road#29, Gulshan-1, Dhaka-1212, Bangladesh. Factory: 1317, Beraider
Chala, Sreepur, Gazipur, Dhaka, & Kabirpur, Savar, Dhaka, Bangladesh.under the following terms and condition -
Name and Address of Consignee : H&M Hennes & Mauritz GBC AB, Stockholm, Sweden
H&M Hennes & Mauritz GBC AB, Oslo, Norway
H&M Hennes & Mauritz Netherlands B.V. The Netherlands
H&M Hennes & Mauritz Netherlands B.V. Denmark
H&M Hennes & Mauritz Netherlands B.V. England
H&M Hennes & Mauritz Netherlands B.V. Austria
H&M Hennes & Mauritz Netherlands B.V Belgium
H&M Hennes & Mauritz GBC AB, S – Stockholm , Switzerland
H&M Hennes & Mauritz GBC AB, Germany
H&M Hennes & Mauritz S.L, Spain
H&M Hennes & Mauritz GBC AB, Poland
H&M Hennes & Mauritz LP. USA
H&M Hennes & Mauritz GBC AB. Canada
H&M Hennes & Mauritz GBC AB. Hongkong
H&M Hennes & Mauritz Commercial Ltd Co. China
H&M Hennes & Mauritz GBC AB, Stockholm, Middle East
H&M Hennes & Mauritz Japan K K. Japan
H&M Hennes & Mauritz LLC, Russia
H & M Hennes & Mauritz Ltd, Korea
H&M Hennes & Mauritz Tekstil Ltd. Sti. Turkey

Name and Address of Consignee’s Bank : HSBC in New York, U.S.A.

Garments
SL Order No. Qty Unit Price Total Value Last ship date
Description
January 1st
1 TBA SS R-neck Tee 249,060pcs $ 3.08 $ 767,104.80
2013
January 15th
2 TBA Gena SS Top 140,000pcs $ 2.58 $ 361,200.00
2013

Total Garments Qty = 389,060pcs Total Amount = $1,128,304.80

Tolerance : 5% +/- in Quantity and Value Acceptable. Garment Description,

Garment Quantity, Unit Price and Total Value can be amended as per
order sheet.

Quota Category : Non Quota/Quota.

Transport documents : For Sea shipments - Transport documents will be issued by Damco /
Maersk Logistics to the order of negotiating Bank marked freight collect.
: For Air shipments – House Air Way Bill will be issued by ITSL
PANALPINA marked freight collect/freight prepaid .
: For Sea-Air shipments made by Damco / Maersk Logistics, transport
documents will be issued marked freight Prepaid / collect.

_____________________________________________________________________
Puls Trading Far East Ltd (Bangladesh Liaison Office) .
House No. CWN (A) 35, Road No. 43, Gulshan - 2, Dhaka-1212, Bangladesh
Tel : Int: +880-2-8826091, +880-2-8829416, +880-2-8810871, +880-2-8817771
Fax : Int: +880-2-8823623, +880-2-8816251
 : Upon receive the payment, negotiating bank of Aswad Composite Mills
Ltd. will endorse the transport documents in favour of H&M Hennes &
Mauritz AB and will hand over to Damco / Mearsk Logistics Ltd / ITSL
PANALPINA
Dhaka Bangladesh (with in 3 days after receiving the payment).

Mode of Shipment : FOB Chittagong by Sea or FCA/CPT Dhaka/Hamburg by

Air or FOB Chittagong FCA / CPT Hamburg for Sea-air shipment.
(Applicable one)

Insurance : to be covered by buyer upon received the cargo by the nominated

forwarders.

Latest Date of Shipment : 15/03/2012

Expiry of the contract : After 30 days from the date of shipment.

Payment Terms : By TT within 20 days from the required documents submission to Puls
Trading Far East Ltd, Bangladesh Liaison Office mentioning the
contract number and the invoice number, by showing 2% discount
from the total invoice value.
: In case of absence/irregularities or discrepancies in below required
documents H&M Hennes & Mauritz AB will withhold payments until
documents are corrected.

Name of supplier’s Bank : Shahjalal Islami Bank Ltd., Foreign Exchange Branch, 53, Modern
Mansion, Motijheel C/A, Dhaka-1000, Bangladesh, Swift Code: SJBL
BD DH FEX

Account Number : 1100004511

Authentication : Counter signed by Puls Trading Far East Ltd, Bangladesh Liaison Office
bank HSBC in Dhaka.
All Details : As per Order Sheet & Terms and Conditions of Purchase – As per H&M
Standard Purchase Conditions.

Required documents to be submitted to Puls Trading Far East Ltd, Bangladesh Liaison Office:
1. Original signed invoice & packing list covering gross weight/net weight & summary sheet.
2. Original Certificate of Origin/GSP Form-A/APTA/ B255E/CCI (if applicable).
3. Documents for payments: Shipment/Feeder vessel wise combined Payment Invoice.
4. Copy of Original FCR (Sea-air) and Original HAWB (Air) with in 7 days after vessel sailing/flight departure.

------------------------------- ----------------------------------
For and on Behalf of : For and on Behalf of :
Puls Trading Far East Ltd, Bangladesh Liaison Office Aswad Composite Mills Ltd.
House No.CWN(A) 35, Road No. 43, Gulshan-2, House#2/B, Road#29, Gulshan-1, Dhaka-1212, Bangladesh.
Dhaka-1212, Bangladesh Factory: 1317, Beraider Chala, Sreepur, Gazipur, Dhaka, &
Kabirpur, Savar, Dhaka, Bangladesh

_____________________________________________________________________
Puls Trading Far East Ltd (Bangladesh Liaison Office) .
House No. CWN (A) 35, Road No. 43, Gulshan - 2, Dhaka-1212, Bangladesh
Tel : Int: +880-2-8826091, +880-2-8829416, +880-2-8810871, +880-2-8817771
Fax : Int: +880-2-8823623, +880-2-8816251