This contract is made this 15th day of Jan. 2020 by DE LI INDUSTRIAL CO., LTD.(hereinafter referred to as "SELLERS"), a Chinese corporation having their Taipei sales offi ce at 7th FL-8 NO.168 SEC.2, NANKING W.RD. TAIPEI, TAIWAN R.O.C who confi rm to sell, the ESP COMPANY (hereinafter referred to as "BUYERS") head
office at PO BOX439 Los Angeles, LA, U.S.A who agree to buy the following goods on the terms and conditions as below:
1. Commodity: DF8940 woven fabric.
2. Specifi cation: 95% polyester 5% spandex Width: 51" / 53".
3. Price: CIF N.Y USD 1.80/yard ; Commission: 3%.
4. Quantity: 20,000 yards in color white and + 3% / -3% is acceptable.
5. Payment: By confi rmed, irrevocable at sight L/C in favor of DE LI INDUSTRIAL CO., LTD. And L/C should be received 14 days before shipment.
6. Packing: Export standard packing.
7. Shipping Marks: ESP (IN DIA) / ROLL NO./1~UP.
8. Shipment: On or before Feb.25, 2020, partial shipment and transshipment are permitted.
9. Insurance: Covering by SELLERS, marine insurance ICC(A) for 110% of the invoice value and provided for claim, if any payable in Los Angeles, in US currency.
10. Effective date of contract: This contract shall become effective as from the date when Seller receives the duplicate of this contract countersigned by Buyer the fi nds the content in order.
11. Currency Risk: Any risk occurring from fl uctuation of conversion rate between national currency and U.S. Dollar shall be buyer's account.