英文合同范文锦集五篇
在人民愈发重视法律的社会中，人们运用到合同的场合不断增多，它可以保护民事法律关系。合同有不同的类型，当然也有不同的目的，下面是小编帮大家整理的英文合同5篇，供大家参考借鉴，希望可以帮助到有需要的朋友。
英文合同 篇1
FOB CRUDE OIL SALES AGREEMENT
离岸原油销售协议
This is to confirm the Agreement between us as follow:
我们之间的协议现来确认如下：
Parties:
当事人：
SELLER- SAUDI ARABIAN OIL COMPANY, A COMPANY WITH LIMITED LIABILITY ORGANIZED UNDER THE LAWS OF THE KINGDOM OF SAUDI ARABIA
卖方：沙特阿拉伯石油公司，一家依照阿拉伯法律下的有限责任公司。
BUYER- A COMPANY INCORPORATED UNDER THE LAWS OF买方： 国家法律下的股份有限公司
Term of Agreement
合同条款
This Agreement shall be effective as of and shall continue tin effect through and including with automatic one-year extensions thereafter unless terminated at the option of either party,other than for cause,upon at least sixty(60)days written notice prior to the expiration of the original term or,if applicable,any subsequent anniversary date.
此合同自。。起开始生效。若双方未提出终止合同，该合同将自动延期一年。在终止期前至少60天开出书面证明原始条款有效，如果适用的话,其后任何年均可继续生效。
Grade,Quantity and Quality:
数量和质量等级
3.1 Subject to availability and the production policies determined by the
Government of the Kingdom of Saudi Arabia,SELLER shall deliver and sell to BUYER and BUYER shall lift or receive and buy from SELLER a total of ｛ quantity in numbers and words｝
Barrels per day of Arabian Light crude oil, minus up to ten percent(10%)if BUYER s or SEELERs option,or plus up to ten percent (10%)if BUYER so requests and SELLER agrees. Additional volumes of crude oil of similar or different grades may be delivered under this agreement as the parties may from time to time agree.
依据由沙特阿拉伯政府出台的有效相关产品政策，卖方应该将货物发送并卖给买家，买家也应该接受并且同意接手从卖方手里买的总数{插入数量的数字和文字}-------阿拉伯轻质原油，数量的上下幅度为总数量的10%。如果买家这样要求并且卖家同意的话。额外大量的原油同品级的或是不同品级的将会遵从买卖双方的意愿按照合同的要求发货。
The availability of each grade of crude oil specified in Paragraph 3.1 will be advised by SELLER from time to time in accordance with the production policies of Government of the Kingdom of Saudi Arabia. Subject to availability, and underless otherwise mutually agreed, the quantitied of each grade of crude oil to be lifted or received and purchased by BUYER during the term of this Agreement shall be spread over the term of this Agreement as evenly as practicable.
每个可用的原油等级的表述在条款3.1，根据沙特王国的生产政策通知给卖方。双方同意，每个品级的原油数量被买房收到和被购买的，在被协议期限之内，将会遍及又很轻的实用性的条款。
Notwithstanding anything to the contrary contained else where in this Agreement and without prejudice to any other rights or remedies available to SELLER hereunder if at any time BUYER,for at any reason other than force majeure(as defined in Paragraph 11.6)or a reason attributable to SELLER, fails
to lift or receive and purchase quantities of crude oil in accordance with this Paragraph 3, SELLER may at one time or from time to time thereafter, at its sole discretion, and upon notice to BUYER, reduce any or all quantities and grades of crude oil which BUYER would have otherwise been entitled to lift and buy.
尽管任何相反的1包含在这个协议和其他地方不影响其他权利或补救措施提供本协议项下卖方有任何时候,如果买方在任何理由,不可抗力除外)项所定义的(11.6)或一个原因致使卖方不能提升,或接受和购买数量的原油依照本第三项规定,卖方可以在同一时间或从时间,以时间之后,行驶他的自由决定权,在通知买方,减少任何或全部数量、等级的原油,否则会被买方有权解除选购。
The quality of each grade of crude oil delivered hereunder shall be the usual quality of that grade being made available by SELLER at the time of loading of the crude oil at the SELLER's loading port in Saudi Arabia. SELLER warrants that it has good and marketable title to the crude oil, free and clear of all charges, liens and encumbrances but THERE ARE NO GUARANTEES OR WARRANTIES, EXPRESS OR IMPLIED, OF MERCHANTABILITY, FITNESS OR SUITABILITY OF THE CRUDE OIL, FOR ANY PARTICULAR PURPOSE OR OTHERWISE, WHICH EXTEND BEYOND THE DESCRIPTION OF THE CRUDE OIL AND ANY SPECIFICATIONS THEREFOR CONTAINED IN THIS AGREEMENT.
每个品级质量的原油是日常质量的，由卖方在装船原油卖方装运港美国在沙特的卖方的装运港。卖方保证具有良好的所有权与市场的原油、自由和明确的、留置物的所有指控,但没有及抵押担保或保证,明示或暗示,适销,或适度性的原油、适合于某特殊目的性或其他的描述,超越了微生物对原油的任何规格因此包含在本协议。
Price:
4.1 The price per barrel of each grade of crude oil to be sold hereunder shall be the average of the means of Oman and Dubai crude oil quotations (as
published in Platt's Crude Oil Marketwire under the heading "Spot Assessment") for the entiremonth in which the Bill of Lading date falls, plus or minus a differential for each grade to be provided by SELLER to BUYER as per Paragraph 4.2.
每个品级的.原油的每桶价格买的价格将会取阿曼和迪拜的原油报价的均值的平均数。（正如在泼辣托市场上的点评估标题下的），一整个月的提单在日落期，加或减一个不同对于每个品级的由卖方提供给买方如段落4.2中的。
On or before the fifth (5th) day of each month, SELLER shall notify BUYER of the differential to be used to determine the price per barrel of each grade of crude oil for sale under this Agreement during the following month ("Scheduled Month of Delivery"). Within five (5) calendar days after receipt of SELLER's notification as set forth in the preceding sentence, BUYER may elect to terminate this Agreement by delivering written notice thereof to SELLER. Unless BUYER elects to terminate this Agreement in accordance with the immediately preceding sentence, the price differential notified by SELLER shall apply. Termination by BUYER in accordance with this Paragraph 4.2 shall be effective as of the first day of the month following SELLER's receipt of BUYER's notice; provided, however, that termination under this or any other provision of this Agreement shall not affect the parties' rights and obligations with respect to deliveries of crude oil under this Agreement which were made prior to the effective date of termination; and further provided that in the event of termination hereunder or expiration of the Agreement, this Agreement shall remain in effect with respect to all crude oil for which delivery has been confirmed pursuant to Paragraph 6. The differential applicable to such crude oil shall be the differential which was in effect during the month prior to termination.
每个月第五天或是第五天之前，卖方需通知买方，习惯于决定每个品级的原油的每桶的价格在协议下的下一个月的销售（预订交货月）。在收到如前所
述的内容卖方在五个日历天之内通知，买家可能选择终止合同，通过发送书面证明的方式由此发给卖方。除非买方根据前述的内容终止协议，通知卖方的价格差异将被申请。由买方根据段落4.2的终止将会有效，自当月的第一天起根据卖方收到买方的通知为准，假使，然而，在规定条款下的此终止将不会影响到当事人的权利和义务希望原油按照合同的要求运送，在生效期前终止；如果是，在有效期内终止合同，合同将保持有效考虑到原油的运送确定依照段落6.在终止期前一直有效。
If delivery is at Yanbu, BUYER shall pay, in addition to the price calculated in accordance with Paragraph 4.1, the East-West Pipeline transit fee, currently U.S. $0.25 (twenty-five U.S. cents) per barrel.
如果是在yanbu卸货，买家将会付款，额外价格的计算将会根据段落4.1，中东管道运输费，当前为每桶0.25美元（25美分）
Should issuance of the Bill of Lading occur before or after the Scheduled Month of Delivery, the price of such cargo shall be calculated using the differential that would have applied had issuance of the Bill of Lading occurred in the Scheduled Month of Delivery; however, the Oman and Dubai Prices shall be calculated with reference to the Bill of Lading date, as set forth in Paragraph 4.1.
签发提单应该在预期装运之前或是之后，运价将会计算使用不同的应该被申请的已经签发的提单；然而，阿曼和迪拜价格将会按照提单的日期来计算，如前所述的段落4.1
Payment:
支付条款；
5.1 Payment for each parcel of crude oil sold shall be made in the full amount of SELLER's telexed or faxed invoice without discounts or deductions by BUYER to SELLER via electronic transfer in immediately available funds in U.S. Dollars to SELLER's account as follows:
英文合同 篇2
编号no. _____________
中国 china
c.i.f./c.＆f.
合同格式
c.i.f. /c. ＆f.from
买受人： ______________ 出卖人：________________
buyer： ______________ seller：________________
地址： ______________ 地址： ________________
adress： ______________ adress：________________
电挂： ______________ 电挂： ________________
cable： ______________ cable： ________________
电传： ______________ 电传： ________________
telex： ______________ telex： ________________
上述买卖双方按照下列条件于____年____月____日签订合同。
the seller and the buyer above named have this ____day of ________ _________entered into this contract on the following terms and conditions .
1.货物
commodity ：
序 号
item no.
单位
description
单价
unit
.数量
quantity
单价
unit price
总价
amount
2．合同总价：_____________________
total contract value：____________
3．包装：_________________________
packing：_________________________
4．保险：根据_____保险公司保险条款按发票金额___%insurance：投保____险。
covering all risks for ___% of the invoice value as per insurance: policy of people’s insurance company china (p.i.c.c).
由买方自理。
to be affected by the buyer.
5．运输标志：_____________________
shipping marks：__________________
6．装运港：_______________________
intended port(s)of shipment：
__________________________________
7．目的港：_______________________
port of destination：_____________
8．装运期：_______________________
shipment period：_________________
9．付款条件：_____________________
terms of payment：________________
合同货款应由买方通过卖方可接受的银行，按合同总价开出以卖方为受益人的、无追索权、保兑、不可撤销、可转让、可分批装运、可转船的信用证支付。凭________即其期汇票在
提示第10条所列装运单据时付款。该信用证最迟应于装运期开始前________天开到卖方，而且在装运期结束后15天内仍能在中国有效议付。
若买方未能履行上述义务，根据卖方的选择，可终止本合同，或接受本合同的部分或全部，或就由此而发生的任何损失提出索赔。
payment hereunder shall be made by confirmed ; irrevocable and transferable without recourse letter of credit in favour of the seller for the total contract value opened by a band acceptable to the seller permitting part shipments and transshipments in one or more vessels ,and available by______sight draft(s) against presentation of the shipping documents mentioned in clause 10.the letter of credit shall reach the seller not less than______days prior to the start of the shipment period and remain valid for negotiation in china until the 15th day after the expiry of the shipment period.
should the buyer fail to fulfil its obligations mentioned above , the seller shall ,at its discretion, terminate the contract or accept whole or part of this contract ,or lodge a claim for losses thus sustained ,if any .
10．装运单据：
shipping documents：
(a)商业发票；
commercial invoices (s);
(b)空白抬头、空白背书、可转让的清结提单，或指定买方为收货人的记名提单；
negotiable clean bill (s) of lading to order bland endorsed or naming buyer’s consigee;
(c)原产地证书；
certificate (s) of origin;
(d)装箱单；
packing list ;
(e)保险单(只适用于gif合同)。
certificate (s) of insurance (in the case of gif sales) .
11．合同的完整性与转让：
complete contract and asignment：
(a)本合同中的条件和条款构成买卖双方(以下简称“双方”)对合同项下货物的全部和最终理解。对本合同的任何修改、补充或对合同任何条款的免除，均必须经受约束方书面确认，否则无效。
the terms and conditions found within this contract constitute the complete and final understanding of the seller and the buyer (hereinafter” the parties”) with respect to the commodity referred to herein . no modification, extension or release from any provision hereof shall be effective unless the same shall be confirmed in writing by the party to be bound .
(b)未经卖方事先书面同意，本合同及合同项下的任何权益不得转让。
neither this contract nor and interest therein shall be assignable witout the prior written consent of the seller.
12．担保：
warranty:
卖方担保所有货物符合第一条规定的规格。除此之外，任何性质的陈述，担保和条件，均予排除并消灭。
the seller warrants that all commodity will conform to the description set out in clause 1. save as aforesaid all representations , conditions and warranties of whatsoever nature are hereby excluded and extinguished.
13．许可证、关税和税收：
licenses,duties and taxes:
除本合同另有规定外，所有进口许可、许可证以及不属于国家的任何政府机构征收的一切进口税、关税和各种税收均由买方负担。
except as otherwise provided herein , all import permits and licenses and the import duties, customs fees and all taxes levied by any government authority other than the seller ’s country shall be the sole responsibility of the buyer.
14．不可抗力：
force majeure:
如果卖方遇到人力不可抗拒事件，包括但不限于火灾、水灾、地震、台风、自然灾害以及任何其他卖方不能合理控制的任何意外事故和情况，阻止、妨碍或干扰了本合同的履行时，本合同规定的'卖方履约时间应自动延长，其延长年时间应相当于因人力不可抗拒事件直接地或间接地使卖方不能履行本合同的时间。受不可抗力事件影响的卖方应在合理的时间内，用电报或电传将不可抗力事件的发生通知买方，并于__个月内将有关当局出具的有关不可抗力事件的证明航寄买方。
如果不履约的情况延续达___天以上，双方应立即协商修改合同。若从不可抗力事件发生之日起___天内双方当事人未能取得双方满意的解决办法时，任何一方都可以终止履行本合同未执行部分。
the time for the performance of the seller’s obligations set forth in this contract shall be automatically extended for a period equal to the duration of any nonperformance arising derecly or indirectly from force majeure events including but not limited to fire , flood , earthquake , typhoon , natural catastrophe ,and all other contingencies and circumstances whatsoever beyond the seller’s reasonable control preventing , hindering or interfering with the performance thereof , the seller so prevented by force majeure shall in reasonable time inform the buyer by cable or telex of the occurrence of force majeure and within one month by air mail a relevant certificate issued by competent authorities as evidence thereof . if the nonperformance lasts for more than ___ (___) days ,the parties shall immediately consult together in an effort to agree upon a revised contract basis .if the parties are unable to arrive at a mutually satisfactory solution within _____(___) days from the beginning of such force majeure , then either of the parties may terminate the contract in respect of the unexecuted portion of the contract .
15．索赔
claims:
如发现货物在质量、数量或规格方面与本合同第一条规定不符，卖方同意审核任何因此而提出的索赔。该索赔要求应经卖方认可的有信誉的检验机构出具的报告证实。质量方面的索赔要求应于货物到达目的港后__个月内以书面形式提出，数量或规格方面的索赔要求，应于货物到达目的港后__天内以书面的形式提出。
在任何情况下，卖方对利润损失、时间延误、商誉损害或其他由此而引起的任何特殊或间接损失概不负责。
对于任何原因造成的任何性质的一切灭失或损害，卖方的赔偿责任，在任何情况下不得超过索赔部分货物的合同价款，或者根据卖方的选择，对此货物修复或更换。
should the quality , quantity and / or specification of the commodity be found not in conformity with the description set out in clause one , the seller agrees to examine any claim , which shall be supported by a report issued by a reputable surveyor approved by the seller ,claims concerning quality shall be made in writing within ___months after the arrival of the goods at the port of destination .l claims concerning quantity and / ofr specification shall be made in writing within ______ days after the arrival of the goods at the port of destination . in no event shall the seller be liable for lost profits , delay , injury to goodwill or any special or consequential damages howsoever any lr the same are caused .
the seller ’ s liability for any and all losses of damages of whatsoever nature resulting from any cause whatsoever shall in no event exceed the portion of the total contract price attributable to commodity in respect of which the claim is made , or at the election of the repair of replacement of such commodity .
16．仲裁：
arbitration:
本合同受中华人民共和国的法律管辖，并按其进行解释。一切因合同引起的或与合同有关的争议，如果可能，应通过友好协商解决。如果协商不能解决，任何一方都可以提出仲裁。仲裁地点为______________。仲裁在________仲裁委员会进行，并适用它的仲裁规则。仲裁裁决是终局的，对双方均有约束力。除仲裁另有裁定外，仲裁费用由败诉方负担。
this contract shall be governed by and construed in accordance with the law of the people ’s republic of china . all disputes arising from or in connection with this contract shall if possible be settled amicably through friendly negotiation . in case no settlement can be reached thereby the dispute may if either party so requires be resolved by the arbitration shall be ______________________ .the arbitration shall take place in the ______________ arbitration commission and its arbitral rules shall be applicable .the award shall be final and binding upon both parties . the arbitration fees ,unless otherwise awarded ,shall be borne by the losing party.
卖方和授权的高级职员或代表于上述日期签订本合同，特此为证。
in witness whereof the seller and the buyer have caused this contract to be executed by their duly authorized officers or representatives as of the day and year first above written.
出卖人：__________ 买受人：___________
seller：__________ buyer：___________
英文合同 篇3
Contract
Vendee：
[ Myself]【Legal representative】 Name：
【ID card】【 Passport】 【Business license registration number】【 】Address：Zip code： Telephone：
【Entrusted agent】【 】Name： Nationality: Address：Zip code： Telephone：
According to the《People's Republic of China Law of contract》, 《People's
Republic of China City Real estate Control law》 and other relevant laws
and regulations，The vendee and seller should be base on the equality,
voluntarily, Consults unanimously foundation to reach the following
agreements about buy and sell the commodity apartments 。
Article 1Project construction basis 【contract number for granting of land-use right 】【document number for
allowing and authorizing of land-use right】【document number for transferring
and authorizing of land-use right】This land area is age is limited from to By approving of seller, construct the commercial residential houses in the
above land parcel, 【present name】,【 temporary name 】
, the builder’s permit
licence number is
Article 2Residential basis.
The residential is 【completed apartment】【the selling apartment in
advance】,the total
total area is ,the buyer has already Purchased
of presale fund specified account is ,
.
Article 3 fundamental state of vendee’s commercial residential building.
vendee’s commercial residential building(hereinafter referred to as the
commercial building, the house plan is specified in appendix 1 to the contract,
room number is bases on the appendix 1 details )which stipulated in the first
article of the contract is:
【tents】（）specific house number is
unitlayer】Commercial building’s use which is approved by planning department is
_㎡，there are ㎡，__㎡.
The balcony of this apartment is [sealed] or [not sealed].
as [stipulated on contract]
or [property registration]. The Usable Area ㎡, with Public area to be
( refer to the attachment2 for Public area to be shared
construction explanation )
Article 4 Valuation Mode & price /㎡According to the Usable area, the unit price of this apartment /㎡According to the Usable area, the unit price of this apartment /㎡should subject to the related regulation of [opinions on the
strengthening of commercial residential building presale capital supervision,
and issue the [commercial residential building presale receipts notification]
from Yantai residential administration bureau. The buyer transfer the capital to
the designated bank directly, the seller cannot get the presale capital directly.
5.
Article 5 Area confirmation& difference treatment
According to the valuation mode which interested parties choosed, this article
stipulates the area confirmation&difference treatment according to [building
area][usable area]( hereinafter called area for short).
This article does not apply to the interested parties which charge the apartment
by set.
The property registration area will be subject to the surveying and drawing
report issued by qualified mapping unit designated by residential
administration dept.
For any differences in contracted area& registration area, the registration area
will be taken as the standard.
After the apartment is transferred to the buyer, for any differences in contracted
area& registration area, which was not stipulated in the contract, both parties
will agree to manage according to the following principle: charge as per actual
area, Return the overcharge and demand payment of the shortage on the
prepaid capital.
1.if the absolute value difference is within 3%( include 3%), the charge will be
according to actual amount.
1.if the absolute value difference is exceeds 3%( include 3%), the buyer has
rights to cancel the order.
For the buyer who cancel the order, the seller must return the money to buyer
within 30days after buyer make the order cancel application, and pay the
For the buyer who will not cancel the order, if the registration areas is within
3%(including 3%) bigger than contracted area, the exceeded amount shoud be
supplemented by the buyer; for the case which is more than 3%, the exceeded
amount should be born by the seller, the property rights belongs to the buyer. If
the registration areas is smaller than contracted area, the area ratio is within
3%((including 3%), the exceeded amount must be returned to the buyer; the
amount which are more than 3%
must be doubled and return to the buyer. This
article is not applicable.
Area tolerance ratio=( registration areas- contracted area)/ contracted
areaX100%. This article is not applicable.
The difference caused by the design modification, which both parties does not
terminate the contract, buyer and seller should sign complementary agreement
of contract.
Article6 payment& deadline
nd1. Full Payment
2. installment payment
3.others
Article7 the Breach of contract responsibility for overdue payment
If the buyer cannot effect the payment in the stipulated time, he or she will be
ndnd due payment date to the
actual payment date, the buyer should pay to the fine
according to the overdue date, the contract will continue to be performed.
2) If the overdue date is exceeds__days, the buyer has the rights to terminate
the contract. If so, the buyer should pay to the fine
according to the overdue date, the contract will continue to be performed, from
the 2nd due payment date to the actual payment date, the buyer should pay to
to the overdue date.
The overdue payment in this article refers to the balance between 6th article
due payment and acutal effected payment; for installment payment, it should
be decided by the balance between due istallment and actual payment.
Article8 handover deadline
According to the state’s and local government regulations, the seller should handover the commercial residential building, which possess the below 1
1. this commercial residential building is inspected to be qualified.
2. this commercial residential building is comprehensively inspected to be qualified.
3. this commercial residential building is installment inspected to be qualified.
4. this commercial residential building obtained the approval documents of commercial residential handover for usage.
But in case of the following exceptional reasons, except for both parties agree the termination or alternation of contract, the seller can prolong the deadline as per actual fact.
1. encountered with majeure, and seller informed the buyer within 30 days after the majeure occurs;
2. the seller caused the project cannot be finished on time because of non-controllable reasons.
3. If the delay is because of the above cases, this article is also applicable.
Article9 responsibility of delay in handover apartment
Except for the special cases stipulated in article8, if the seller cannot handover the apartment to buyer in the stipulated schedule in this contract, the buyer should be treated in the following 1st&2nd mode:
1. According to the overdue time, the seller should be treated separately( not
be accumulated)
1) For overdue date less days, from the 2nd day of deadline
stipulated in article8 to the payment day, the buyer should pay _____% default fine of the already effected payment, this contract will be performed continuously.
2) For overdue date more days, the buyer can terminate the
contract. In this case, the seller should return all the payment within 30days after the date of termination, and pay __2___% default fine of the already effected payment. If the buyer request continuously perform the contract, this contract will be performed continuously. from the 2nd day of deadline stipulated in article8 to the payment day, the rates in 1) )of the already effected payment
英文合同 篇4
contract no.:
the buyers: the sellers:
this contract is made by and between the buyers and the sellers; whereby the buyers agree to buy and the sellers agree to sell the under-mentioned goods subject to the terms and conditions as stipulated hereinafter:
(1)name of commodity：
(2) quantity:
(3) unit price:
(4)total value:
(5) packing:
(6) country of origin :
(7) terms of payment:
(8) insurance:
(9) time of shipment:
(10) port of lading:
(11) port of destination:
(12)claims:
within 45 days after the arrival of the goods at the destination, should the quality, specifications or quantity be found not in conformity with the stipulations of the contract except those claims for which the insurance company or the owners of the vessel are liable, the buyers shall, have the right on the strength of the inspection certificate issued by the c.c.i.c and the relative documents to claim for compensation to the sellers
(13)force majeure :
the sellers shall not be held responsible for the delay in shipment or non-deli-very of the goods due to force majeure, which might occur during the process of manufacturing or in the course of loading or transit. the sellers shall advise the buyers immediately of the occurrence mentioned above the within fourteen days there after . the sellers shall send by airmail to the buyers for their acceptancea certificate of the accident. under such circumstances the sellers, however, are still under the obligation to take all necessary measures to hasten the deliveryof the goods.
(14)arbitration :
all disputes in connection with the execution of this contract shall be settled friendly through negotiation. in case no settlement can be reached, the case then may be submitted for arbitration to the arbitration commission of the china council for the promotion of international trade in accordance with the provisional rules of procedure promulgated by the said arbitration commission . the arbitration committee shall be final and binding upon both parties. and the arbitration fee shall be borne by the losing parties.
(the buyers) (the sellers)
英文合同 篇5
【】FUND L.P.
AND 【】INC.
SERIES A PREFERRED STOCK FINANCING
___ ___, 20__
This Term Sheet is not a legally binding agreement between the Investors and the Company, except the sections of “Confidentiality”, “Exclusivity” and “Administrative Fee”.
Notwithstanding anything to the contrary, any obligations of the Investors to complete or provide funding for any transaction, whether contemplated herein or otherwise, are subject to the receipt of internal approvals, completion of due diligence to the satisfaction of the Investors in their sole and absolute discretion, and the parties having negotiated, approved, executed and delivered the appropriate definitive agreements. Until execution and delivery of such definitive agreements, the Investors shall have the absolute right to terminate all negotiations for any reason without liability.
Exclusivity
The Company agrees that within forty five (45) days from the date of the signing of this Term Sheet, the Company and its shareholders, board members, employees and their respective relatives or affiliates shall not, directly or indirectly, take any action to solicit or support any inquiry, proposal or offer form, furnish any information to or participate in any negotiations or discussions with, any third party, or enter into any
agreement or arrangement, regarding any equity/debt funding or sale, without the prior written consent of the Investors.
This exclusivity is automatically extended to the period necessary for the Company to satisfy the closing conditions outlined in the Stock Purchase Agreement section of this Term Sheet. Notwithstanding the
foregoing, if neither the Company nor the Investors give written notice of its wish to terminate this Term Sheet at least five days prior to the end of the exclusivity period, the Term Sheet shall remain in full force and effect, and the Company shall continue to negotiate exclusively with the Investors until the Company or the Investors give written notice of termination.
In this Term Sheet,
"$" or "dollar" means United States dollars;
"Ordinary Share Holders" mean the holders of Ordinary Shares;
"Preferred Shares" mean shares of the Series A Preferred Stock; and
"Shareholders" mean holders of Ordinary Shares and Preferred Shares.
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