SALES CONTRACT

No. : LLC-HTC-101223-120

Date : 1-May-23

Contract is made between:

The Seller: L & L COMPUTER

Johor, Maylaysia

Tel : 0274 3789977 - 0932121922

Represented by : Mr. Andrew Witson

The Buyer : HEOVOSE TECHNOLOGY COMPANY LIMITED

Guangzhou, Guangdong, China

Tel: +39 0423078273

Represented by : Mr. Gao Minh Duo

ARTICLES 1: COMMODITY – QUANTITY – PRICE – AMOUNT:

The Schedule is set out as follows:

UNIT PRICE AMOUNT

No. Item Number DESCRIPTION OF GOODS QUANTITY
(USD/ M³) (USD)

Laptop Core i7-1065G7+Mx350 Computer

15.6” Ultra Thin Office Barebone
1 565 372.12 210,247.8
Notebook

TOTAL: (FOB Penang port, Incoterms 2020) 565 210,247.8

Say: Two Hundred Ten Thousand Two Hundred Forty Seven Dollars And Eight Cents.

ARTICLE 2: DELIVERY:

Time of shipment: on 12-May-23

Port of loading: Penang Port, Malaysia.

Port of destination: Guangzhou Port, China.

Transhipment: allowed.

Partital shipment: allowed.

Notice of Shipment: At least 7 days before vessel’s arrival at loading port, the buyer shall advise the seller
of the vessel’s ETA

ARTICLE 3: PAYMENT TERM

Payment: D/P

Documents required:

a. Commercial Invoice in triplicate.

b. Packing list in triplicate
c. Full (3/3) sets of original clean bill marked “Freight Collect”.

ARTICLE 4 : PACKING AND MARKING:

Packing: Total in carton bag with good quality. Export standard method of packing is applied.

Shipping Mark: Marking shall be made as follows:

 FRAGILE HANDLE WITH CARE

 MADE IN MALAYSIA

ARTICLE 5 : WARRANTY:

Warranty period is 12 months from the date of delivery.

- The Seller warrants that the equipment supplied

 be brand-new
 be free from defects
 be as per the attached technical description

Within the warranty period, the Seller warrants the normal operation

- Under the guarantee period, the Buyer shall inform the Seller of all the defects in writing. Upon the
receipt of the notice, the Seller shall work out the time to repair or make good all defects, the Seller shall
inform the Buyer the time needed to make good the defects, the duration for repairing or replacing the
Goods is to be less than 2 months from the receipt of the notice. All the arising costs for repairing the
Goods are for the Seller’s account.
ARTICLE 6: INSURANCE

The Seller shall cover the insurance for the cargo under ICC(A) term at any world-class insurance
company for 110% CIF value of goods. The insurance must effect from Seller's warehouse to Buyer's
warehouse.
Place for presentation of Insurance claimation documents: the office/branch of Insurance agency in
Buyer's country.

ARTICLE 7: FORCE MAJEURE

Force majeure cases shall be understood the occurrence of situations to be considered as force majeure in
ICC publication No 421.
The force majeure cases shall be informed to the other party by the concerned party by phone within 7
days and confirmed by writing within 10 days from the date of such a phone call together with
certification of force majeure issued by the Chamber of Commerce located in the region of the case. After
this deadline, claims for force majeure shall not be taken into account.
In the event of force majeure, the concerned party shall bear no responsibility of any penalty arising from
delay of delivery.

ARTICLE 8: CLAIM

In case upon taking the delivery, the Goods are not in strict conformity with conditions stipulated in the
contract in terms of quality, quantity and packing, the Buyer shall submit his claim together with
sufficient evidence of copy of the contract, Survey Report, Certificate of Quality, Certificate of Quantity,
Packing List with certification of the authorized inspection company agreed by the two parties within 30
days upon the ship’s arrival

Upon receiving the claim, the Seller shall in a timely maner solve it and reply in writing within 30 days,
after such receipt. In case of the Seller’s fault, the Seller shall deliver the replacements not later than 30
days after the official conclusion.

ARTICLE 9: ARBITRATION

Any dispute arising out of or in relation with this contract shall be resolved by arbitration at the Malaysia
International Arbitration Centre at the Malaysia Chamber of Commerce and Industry (MIAC) in
accordance with its Rules of Arbitration.

Adding agreed contents :

(a) the number of arbitrators shall be one.

(b) the place of arbitration shall be in Malaysia

 (c) the governing law of the contract is the substantive law of Malaysia.

(d) the language to be used in the arbitral proceedings shall be in English. Arbitration decision
shall be accepted as final the both parties.

The fees for arbitration and/or other charges shall be borne by the losing party, unless otherwise agreed.

ARTICLE 10: GENERAL CONDITION:

Both the Seller and Buyer confirm the realization to the above mentioned terms for their mutual business.
All arising problems will be negotiated by co-operation and on the basic of INCOTERMS 2020 published
by the International Chamber of Commerce (ICC).

If any dispute cannot be resolved, it will be finally handled by the International Economic Arbitration
Board of Malaysia. The concerned charges will covered by the loser.

This sales contract is made in English into 02 originals each side keeps 01 original of equal validity and
signed through Facsimile to be valid from the signing date.

FOR THE SELLER FOR THE BUYER

Mr. Andrew Witson Mr. Gao Minh Duo