【正文】 to as a makeup payment).the specific names，quantity and unit price of the products to be delivered as makeup payment，and the deadline for delinery，are to be specified in an additional contract between the two parties on productssupplying as make up payment，which shall be the integral part of the two additional contracts mentioned above may be merged as one called buy and sell contract on pensation trade.article 2terma of paymentthe two parties shall open a l/c in favour of each a shall open，at regular intervals，longterm l/c in favour of party b to pay in install ments the entire cost of the machinery and its support sight l/c in favour of {arty a as a payment for the cost of the products to be delivered by party a shall pay for the total cost of the machinery and its supporting equipment with the sum of money which party b shall pay the products to be delivered by party a as a make up case the money to be paid by pairy b is not enough to cover the value of the long term l/c is determined by the at siggt l/c opened by party b and its down payment as stipulated in the contract .party b grarantees to fulfil what is required of it to do as mentioned herein.article 3deadline for paymentparty a shall pay the total cost of the machinery and its supporting equipment supplied by party b by delivering the products it produces to party b as a make rp payment on a month to month basis ， and pay is off within a preriod of _________ years and payment shall start approximately _________ months after the first delivery of the machinery is made .in principle，the sum to be paid per month shall be _________ percent of the total amount due to be paid for the machinery party a can make its payment ahead of schedule with a notice given to party b _________ months in the pensation period ，party b shall open a l/c in favour of party b，covering the total amount ， at sight ， irrevocable ， spanisible and assignable ，in accordance with the relevant provisions in the buy and sell contract on pensation trade.article 4currency for pricingproducts provided by either party shall be priced in terms the items supplied by party b，including machinery ，the required apparatus，accessories and spare parts shall be priced directly in terms of _________ above mentioned 。while the products provided by party a as a make up payment for the machinery supplied by party b shall be first priced in terms of rmb as orher similar exports at the time the contract is made and then the prices in rmb shall be turned into those in _________ above mentioned according to the current exchange rate at the time.article 5interest rateparty a shall pay the interest on its long term l/c and the down payment of party annual interest rate is agreed upon at _________%.article 6technical serviceafter arrival at the destination port，the machinery shall be assembled by party party a believes it is necessary ，party b shall send its technicians to provide onthespot instructions and other required technical assistance during the course of assembling. party b shall be liable for the losses incurred in the coures fo assembling as a result of technical default of its prat.after approval by both parties， party b shall send a group of technicians to china to faciliate the pletion of the project. the cost incurred in china shall be borne by party b.article 7additional equipmentin the course of implementing the contract if it is foun necessary that ，in addition to the machinery and accessories already listed in the provisions， some additional items of the equipment and measuring and testing apparatus are needed， an additional order shall be agreed upon through negotiation .the items thus added shall be incorporated in the contract.article 8insuranceafter being delivered in china， the machinery and its supporting equipment shall be insured by party b. the unforeseen losses in connection with the equipment shall be indemnified for by the insurance pany first to the insurer (party b) in case the equepment has already been paid off for and thus transferred into party a39。s a proportional part of the sum paid by the insurance pany shall be allotted to party a to cover the payment party a has already made for the items of equipment involved the losses.article 9liability for breacheither party shall be liable for a breach of contract in accordance with the provisions in the contract and shall indemnify for all the losses thus if party b should fail to make purchase of the products to be delivered by party a as make up payment ， or party a should fail to deliver the products for pensation . in such case， the breaching party shall pay to the other a sum as a fine ， which shall account for _________ % of the total cost the products in question.article 10performance guaranteeto guarantee the implementation of the contract， each party shall submit to the other a performance guarantee issued by a bank agreed by both parties. the guarantee bank of party a is bank of china， while that of party b is _________ bank.article 11amendment of the contractwhen the contract needs to be amended in certain particular cases， the amendment can be effected only after it is agreed upon by both parties through consultation.article 12force majeureeither party shall not be held resposible for failure or delay to perform all or any part of the contract due to flood， fire earthquake ， drought ， war or any other events which coule not be predicted at the time of the conclusion of the contract， and could not be controlled， avoided or overe by the parties. however，the party effected by the event of force majeure shall inform the other party of its occurrence in written as soon as possible and thereafter send a certificate of the event issued by the relevant authority to the other party but no later than 15days after its occurrence.in the event of force majeure last over 120 days， both parties shall negotiate the performance or