2. In case of any discrepancy in quality / quantity, claim should be filed by the Buyer within

30 days after the arrival of the goods at port of destination; while for quantity discrepancy, claim should be filed by the Buyer within 15 days after the arrival of the goods at port of destination.

3. For transactions concluded on CIF basis, it is understood that the insurance amount will be

for 110% of the invoice value against the risks specified in the Sales Confirmation. If additional insurance amount or coverage required, the Buyer must have the consent of the Seller before shipment, and the additional premium is to be borne by the Buyer.

4. The Seller shall not hold liable for non-delivery or delay in delivery of the entire lot or a

portion of the goods hereunder by reason of natural disasters, war or other causes of Force Majeure. However, the Seller shall notify the Buyer as soon as possible and furnish the Buyer within 15 days by registered airmail with a certificate issued by the China Council for the Promotion of International Trade attesting such event(s).

5. All deputies arising out of the performance of, or relating to this contract, shall be settled

through negotiation. In case no settlement can be reached through negotiation, the case shall then be submitted to the China International Economic and Trade Arbitration Commission for arbitration in accordance with its arbitral rules. The arbitration shall take place in GUANGZHOU. The arbitral award is final and binding upon both parties.

6. The Buyer is requested to sign and return one copy of this contract immediately after receipt

of the same. Objection, if any, should be raised by the Buyer within it. It is understood that the Buyer has accepted the terms and conditions of this contract.

7. Special conditions: ( These shall prevail over all printed terms in case of any conflict.)

信用证:

West L. B. (Europe) A. G.

P. O. BOX 2230 3000 CE Copenhagen The Denmark IRREVOCABLE DOCUMENT Cable Stanchart Telex 24108 (SCBR NL) CREDIT Telephone (010) 4365322 THIS IS AN OPERATIVE CREDIT INSTRUMENT OUR REFERENCE FLS – JHLC06 DATE OF ISSUE APRIL 14TH 2004 DATE OF EXPIRY: JUNE 15, 2004 PLACE OF EXPIRY: IN CHINA DOCUMENTS TO BE PRESENTED WITHIN 15 DAYS AFTER THE DATE OF ISSUANCE OF THE TRANSPORT DOCUMENT(S) BUT WITHIN THE VALIDITY OF THE DREDIT APPLICANT F.L. SMIDTH & CO. A/S 77, VIGERSLEV ALLE, DK – 2500 VALBY COPENHAGEN DENMARK FAX; (01) 20 11 90 ADVISING BANK BANK OF CHINA 50 HUQIU ROAD, GUANGZHOU P. R. CHINA PARTIAL SHIPMENT BENEFICIARY SILVER SAND TRADING CORP. 6TH FLOOR, JINDU BUILDING, 135 WUXING ROAD, GUANGZHOU, P. R. CHINA AMOUNT USD 82,200.00 SAY US DOLLARS EIGHTY TWO THOUSAND TWO HUNDRED ONLY CREDIT AVAILABLE WITH ADVISING BANK BY NEGOTIATION AGAINST PRESENTATION OF THE DOCUMENTS DETAILED HEREIN AND OF YOUR DRAFT(S) AT 30 DAYS SIGHT DRAWN ON OUR BANK ALLOWED TRANSSHIPMENT ALLOWED SHIPMENT/ DESPATCH/TAKEN IN CHARGE FROM/AT GUANGZHOU NOT LATER THAN: MAY 31, 2004 TO: COPENHAGEN

DOCUMENTS REQUIRED:

— SIGNED COMMERCIAL INVOICE IN 3 COPIES MENTIONING 1/c NO。 AND VESSEL‘S NAME， TOGETHER WITH BENEFICIARIES’ DECLARATION CONFIRMING THAT ONE SET OF NON-NEGOTIABLE DOCS. HAS TO BE SENT TO THE APPLICANT.

—3/3 SET OF ORIGINAL CLEAN SHIPPED ON BOARD MARINE BILL OF LADING ISSUED TO ORDER AND ENDORSED IN BLANK, MARKED FREIGHT PREPAID AND NOTIFY THE APPLICANT.

—GSP FORM A IN DUPLICATE, ISSUED AND SIGNED BY THE COMMODITY INSPECTION BUREAU IN GUANGZHOU.

—MARINE INSURANCE POLICY IN DUPLICATE ENDORSED IN BLANK FOR 110 PERCENT OF THE INVOICE VALUE AGAINST ALL RISKS & WAR RISK, SUBJECT TO CIC DATED 1. 1. 1981. CLAIMS TO BE PAYABLE IN DENMARK IN CURRENCY OF THE DRAFT.

—PACKING LIST IN 3 —FLOLD SHOWING COLOR ASSORTMENT OF EACH ART NO., GROSS WEIGHT, NET WEIGHT AND MEASUREMENT OF EACH PACKAGE.

—BENEFICIARIES COPY OF FAX TO THE APPLICANT, ADVISING SHIPPING DETAILS INCLUDING NAME OF VESSEL, VOYAGE NO. L/C NO. B/L NO. QUANTITY SHIPPED, NO. OF PACKAGES, TOTAL AMOUNT, ETD/ETA, NAME OF 2ND/ETA, NAME OF 2ND VESSEL (IF POSSIBLE) WITHIN 24 HOURS AFTER SHIPMENT EFFECTED.

SPECIAL INSTRUCTIONS: TRANSSHIPMENT IS ALLOWED ONLY IN ANYWHERE. GOODS:

S/C NO. FLSSC01: ―FOREVER‖ BRAND BICYCLE 600 SETS YE803 26’ @ USD66.00/SET & 600 SETS TE600 24’ @USD71.00/SET

CIFC5 COPENHAGEN SHIPPING MARK:

FLS/9711/COPENHAGEN/1—UP

INSTRUCTIONS FOR NEGOTIATING BANK

—DOCUMENTS TO BE SENT TO US BY REGISTERED AIRMAIL IN TWO SETS. —WE WILL COVER YOU UPON RECEIPT OF DOCUMENTS IN ORDER

WESTLB (EUROPA) A. G. ADEL JONG

G. DEN ADEL(A570) W.E. DE JONG(a573) SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (1993 REV.) I.C.C. PUBLICATION NO. 500 WESTLB (EUROPA) A. G. P.O. BOX 2230

3000 CE COPENHAGEN

THE DENMARK IRREVOCABLE DOCUMENTARY CREDIT

练习二

合同

SALES CONFIRMATION

S/C NO.: XL — MONSC10

DATE: APRIL 1ST 2003

THE SELLER: GUANGZHOU XINCHUANG IMP. & EXP. CO., LTD ADDRESS: NO. 1100 SIPING ROAD GUANGZHOU, CHINA

THE BUYER: MONARCH TRADING S. A.

ADDRESS: PASEO DELA CASTELLANA 178 BARCELONA, SPAIN Item No. Commodity & Specifications 71H5 71H5B 71H5F 71H5F Unit Quantity Unit Price (US $) Amount (US $) 1 2 3 4 Daily Brand Tumblers SET SET SET SET 2300 2300 2300 3150 CIFC5% BARCELONA 6.18 7.39 8.36 4.75 TOTAL 14214.00 16997.00 19228.00 14962.50 65401.50 TOTAL CONTRACT VALUE SAY US DOLLARS SIXTY FIVE THOUSAND FOUR HUNDRED AND ONE AND CENTS FIFTY ONLY

PACKING: 71H5, 71HB, 71H5F To be packed in gift box of 6 pieces each. 10

boxes to one export carton. Meas. 40cm * 25.5cm *35.5cm.

71H10 To be packed in gift box of 12 pieces each. 6 boxes to one

export carton. Meas. 40cm * 34cm* 35cm

TERMS OF

SHIPMENT: DURING MAY 2003 PARTIAL SHIPMENT NOT ALLOWED,

TRANSSHIPMNET ALLOWED

PORT OF LOADING &

DESTINATION: FROM GUANGZHOU, CHINA TO BARCELONA, SPAIN

PAYMENT: BY IRREVOCABLE SIGHT LETTER OF CREDIT OPENED BY

THE BUYER THROUGH A BANK ACCEPTABLE TO THE SELLER NOT LATER THAN APPRIL 25TH 2003 AND REMAIN VALID FOR NEGOTIATION IN GUANGZHOU UNTIL 15TH DAY AFTER THE AFORESAID TIME OF SHIPMENT.

INSURANCE: TO BE COVERED BY THE SELLER FOR 110% OF TOTAL

INVOICE VALUE AGAINST ALL RISKS AND WAR RISK AS PER AND SUBJECT TO CIC OF PICC.

CONFIRMED BY: THE SELLER: THE BUYER GUANGZHOU XINCHUANG IMP. & MONARCH TRADING S. A. EXP. CO., LTD. JIM SMITH*****

REMARKS:

1. The buyer shall have the covering letter of credit which should reach the Seller 30 days before shipment, failing which the Seller reserves the right to rescind without further notice, or to regard as still valid whole or any part of this contract not fulfilled by the Buyer, or to lodge a claim for losses thus sustained, if any.

2. In case of any discrepancy in quality/quantity, claim should be filed by the Buyer within 30days after this arrival of the goods at port of destination; while for quantity discrepancy, claim should be filed by the Buyer within15 days after the arrival of the goods at port of destination. 3. For transactions concluded on CIF basis, it is understood that the insurance amount will be for 110% of the invoice value against the risks specified in the Sales Confirmation. If additional insurance amount or coverage required, the Buyer must have the consent of the Seller before shipment, and the additional premium is to be borne by the Buyer.

4. The Seller shall not hold liable for non-delivery or delay in delivery of the entire lot or a portion of the goods hereunder by reason of natural disasters, war or other causes of Force Majeure. However, the Seller shall notify the Buyer as soon as possible and furnish the Buyer within 15 days by registered airmail with a certificate issued by the China Council for the Promotion of International Trade attesting such event(s).

5. All deputies arising out of the performance of, or relating to this contract, shall be settled through negotiation. In case no settlement can be reached through negotiation, the case shall then be submitted to the China international Economic and Trade Arbitration Commission for arbitration in accordance with its arbitral rules. The arbitration shall take place in GUANGZHOU. The arbitral award is final and binding upon both parties.

6. The Buyer is requested to sign and return one copy of this contract immediately after receipt of the same. Objection, if any, should be raised by the Buyer within it is understood that the Buyer has accepted the terms and conditions of this contract.

7. Special conditions: (These shall prevail over all printed terms in case of any conflict.)

BANCO POPULAR ESPANOL 信用证

TEST CORRECT WITH US GUANGZHOU LOGICAL TERMINAL P005

ISSUE OF A DOCUMENTARY CREDIT PAGE00001 FUNC SWPR3 UMR 00704186

MSGACK DWS7651 AUTH OK, KEY 03, BKCHCNBJ POPUESMM RECORD BASIC HEADER F 01 BKCHCNJBA300 8371 758819

APPLICATION HEADER 0700 1312 010414 POPUESMMAXXX 2391 181273 010414 1913 N

*BANCO POPULAR ESPANOL, S. A. *BARCELONA, SPAIN *0753700 USER HEAD SERVICE CODE. 103: BANK, PRIORITY. 113: MSG USER REF, 108: