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【正文】 ation and maintenance of Contract Plant, details of which are specified in Appendix 2, 3, 8 and 9. Technical Service means the technical instruction, assistance and supervision rendered by the Seller to the Buyer with respect to Erection, Test Runs, Commissioning, Performance Test, operation, maintenance and other work related to the Contract Plant, details of which are specified in Appendix 4. Technical Training means the training rendered by the Seller to the Buyer with respect to Erection, Test Runs, Commissioning, Performance Test, operation, maintenance and other work related to the Contract Plant, details of which are specified in Appendix 5. Inspection Authorities refers to the local inspection branch of State Administration for EntryExit Inspection and Quarantine of PRC located at/near the Port of Unloading and/or the Job Site. Warranty Period means a period starting from the date of acceptance, during which the Seller warrants the proper and stable operation of the Contract Plant and is responsible for eliminating any defects with respect to the Contract Plant, detail of which are specified in Appendix 3. Effective Date of the Contract means the date when the contract is approved by petent authorities of the respective Party39。s countries. Chapter 2 Scope of the Contract The Buyer agrees to buy from the Seller and the Seller agrees to sell to the Buyer __________(Contract Plant), including the Contract Equipment, licensed patent and /or knowhow, design, Technical Documentation, Technical Service and Technical Training, contents of which are specified in Appendix 1, 2, 4, 5, 8 and 9. The Seller shall supply the Contract Equipment listed in Appendix 1. The technical specification, performance and guarantee indices of the Contract Equipment are specified in Appendix 3. The Seller agrees to grant the Buyer a exclusive/or nonexclusive and transferable/or nontransferable license to use the patent and/or knowhow in order to manufacture and sell the Contract Product within the territory of PRC, and export to__________ (country), details of which are specified in Appendix 2. The Seller shall not prohibit the Buyer from using the patent and / or knowhow after the expiration of the Contract. The Seller shall undertake the design work with respect to the Contract Plant, details of which shall be as per Appendix 8. The Seller shall submit to the Buyer the Technical Documentation as specified in Appendix 2,3,8, and 9. The Seller shall dispatch its experienced, healthy and petent technical personnel to the Job Site to render Technical Service, details as per Appendix 4. The Seller shall render Technical Training to the technical personnel dispatched by the Buyer. The number of personnel, training place and the extent of training are shown in Appendix 5. The Seller shall, at the Buyer39。s request, provide the Buyer with spare parts for normal operation of the Contract Plant at favorable prices within_____years after the Acceptance of the Contract Plant. A separate agreement will be signed between the two Parties at that time. Chapter 3 Price The total Contract Price for Contract Equipment, license of patent and/or knowhow, design, Technical Documentation, Technical Service and Technical Training to be rendered by the Seller under the contract _________(say: __________only). The breakdown price for the Contract Plant: Price for Contract Equipment: A. Price for equipment。 B. Price for spare parts。 C. Price for material。 D. Fees for insurance and freight. Fees for licensed patent and/or knowhow and related Technical Documentation: Fees for design and related Technical Documentation: A. Design fee related to Contract Equipment and relevant Technical Documentation fee。 B. Design fee related to licensed patent and/or knowhow and relevant Technical Documentation fee。 Fees for Technical Service: for technical service related to Contract Equipment。 for technical service related to the licensed patent and/or knowhow. Fees for Technical Training: A. Fee for technical training related to Contract Equipment。 B. Fee for technical training related to the licensed patent and/or knowhow. The total Contract Price as specified in Article is a fixed and firm price. The Technical Service fee specified herein is the ceiling price for all theservice necessary for the performance of the contract. In case the service actually performed is less than estimated, the Buyer will pay the Seller the actual amount duly calculated. The price for Contract Equipment as specified in Article is for delivery CIF (liner term) Port of Unloading and the price for Technical Documentation as specified in Articles and is for delivery DDU Destination Airport. The itemized price list of the Contract Plant in Appendix 7. Chapter 4 Payment All payments to be made by the Buyer to the Seller shall be effected through the Buyer39。s Bank and the Seller39。s Bank in Contract Currency. The Buyer shall make the payment in the following method: Option One: The total Contract price shall be Paid by Telegraphic Transfer (T/T) according to the following installments and percentage upon presentation of the following documents. Option Two: The total Contract Price shall be paid by Documents against Payment (D/P) or Documents against Acceptance (D/A) according to the following installments and percentage upon presentation of the following documents. Option Three: The total Contract Price, except the advance payment and the Technical Service fee, shall be paid by Irrevocable Letter of Credit. The advance payment and the Technical Service f
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