About building a ship contract

If the contract is established and operated according to the law of __, its head office is set up in _____ company for Party A and is established and operated according to _____ law. Its head office is set up in ______ company for Party B on ___ year __ month __ day.

In view of the mutual agreement contained in this contract, the builder agrees to construct, launch, install, complete, and sell and deliver the ________ ship to the buyer in accordance with the terms set out below. For details, see Article 1 of this contract. The terms and conditions set forth below are purchased from the builder, received from the builder and paid.

First specification and class

1. Instructions:

The ship shall have the hull number ___ of the builder and shall be constructed, installed and completed in accordance with the terms, specifications and general layout of this contract. The instructions are signed by both parties and attached to this contract, which is an integral part of this contract. section.

2. Main specifications:

Full length: ___________ gross tonnage: __________

Length between two columns: ___________ Host: __________

Type width: ___________ Speed: __________

Model depth: ___________ Endurance: __________

Design draught: ___________ Capacity: __________

Detailed descriptions and definitions, test methods and calculations of the above main specifications are attached to the specification.

3. Class and specification:

The ship, including its machinery, equipment and instruments, shall be constructed in accordance with the _____ specification and shall be awarded the class and _______ mark by _____.

The ship shall comply with the specifications of the classification society specified in the specification after the signature of this contract is effective and meet its standard requirements.

All costs for the classification and compliance with the above specifications and meeting the required conditions are paid by the builder.

4. Subcontracting:

The builder may, at his discretion, pack out any part of the ship's construction work, but the responsibility is borne by the builder.

5. Registration:

According to the _____ law, in the port of the _____ country, according to the delivery and acceptance time specified in this contract, the ship shall be registered by the buyer, and the cost shall be borne by the buyer.

Article 2 Contract Price and Payment Conditions

1. Contract price:

The purchase price of the vessel is __________ yen, which is the net price receivable by the builder. This price does not include the equipment provided by the buyer as stipulated in Article 17 of this contract, and may be subject to the provisions of this contract. Adjustment.

2. currency:

The amount payable by the buyer to the builder under this contract shall be a freely convertible yen.

3. payment terms:

The contract price paid by the buyer to the builder in installments is as follows:

The first phase:

_____ The amount paid immediately after issuing the ship export license is _____ yen.

the second term:

The boat will pay the amount immediately after the keel is _________ yen.

The third period:

The amount paid immediately after the ship is launched is __________ yen.

Fourth period:

The amount paid immediately after delivery to the vessel is ______ yen, plus or minus the amount of the required department that is increased or decreased due to the adjustment of the contract price.

4. payment method:

The first phase:

Upon receipt of the telegraph notice from the builder regarding the issue of the vessel's export permit, the buyer shall immediately wire the current amount to the bank's bank account.

the second term:

Upon receipt of the telegram notice from the builder regarding the keel of the vessel, the buyer shall immediately wire the current amount to the account of the _______ bank builder.

The third period:

Upon receipt of the telegraph notice from the builder that the ship has been launched, the buyer shall immediately wire the current amount to the account of the ___ bank builder.

Fourth period:

At least 7 days prior to the scheduled delivery date of the ship, the buyer shall issue an irrevocable letter of credit in favour of the constructor in accordance with the bank confirmed by the builder, or deposit the adjusted cash payable in the current period to the _____ bank. . According to the provisions of Article 7, paragraph 3 of this contract, the builder can collect the above-mentioned letter of credit or cash after signing the delivery and receiving protocol. The buyer shall not delay or refuse the payment regardless of any dispute or disagreement of any nature between the parties to this contract.

5. Prepayments:

Each advance payment made before delivery or at the time of delivery shall be approved by both parties to this contract and approved by ______.

Article 3 Adjustment of Contract Price

In the event of the following emergency, the contract price shall be adjusted as specified below.

1. Delivery:

According to the provisions of Article 7 of this contract, the contract price will not be adjusted and the price will remain unchanged at midnight on the first day after the designated delivery date.

If the late delivery is more than one day after the delivery date, the contract price will be decremented as follows at midnight on the day after the delivery date:

From day to day ¥_________.

From day to day ¥_________.

From day to day ¥_________.

From day to day ¥_________.

From day to day ¥_________.

Nevertheless, the rate of decline in the contract price shall not exceed days, and the above-mentioned declining rate shall be calculated from the noon on the day after the date of delivery.

However, if the delay in delivery is only from the first day of the delivery date to the day, more than one day, the buyer has the right to cancel the contract in accordance with Article 10. If the buyer fails to issue a notice of cancellation of the contract in accordance with the provisions of Article 10 after the above-mentioned delay in delivery, the builder shall request the buyer to make a choice in writing. In this case, after the buyer receives the notification day, he should reply to whether the builder cancels the contract or agrees to pick up the ship in the future. Both parties understand that if the ship cannot be delivered on a daily basis, the buyer still reserves the right to cancel the contract in accordance with the above terms.

If the buyer requests the delivery in advance, the ship shall be delivered in advance in order to meet the requirements. If the ship is earlier than the original ship, the contract price of the ship shall be increased by _________ yen per day from the first day. Both parties believe that the construction party should not accept the buyer's request for delivery in advance to interpret the change or change of the delivery date set out in this contract.

After fully considering the reasons for the delay in delivery as permitted by Article 8 and other reasons as stipulated in this contract, if the ship cannot be delivered on the date specified in the terms of this contract, it shall be deemed to be extended. The book is for the purpose of this article.

2. speed:

After the sea trial confirmed that the actual speed of the ship was less than the nautical mile/hour of the ship's guaranteed speed, the contract price was not affected and was not changed.

However, the actual speed is lower than the guaranteed speed of the ship from the beginning of the festival (including the reduction section), and its contract price is decremented as follows (but less than the negligible period):

Section _________ total ___________ yen

Section _________ total ___________ yen

Section _________ total ___________ yen

Section _________ total ___________ yen

Section _________ total ___________ yen

Section _________ total ___________ yen

Section _________ total ___________ yen

Section ____________ total ___________ yen

If the actual speed is lower than the guaranteed speed of the ship for more than the festival, the buyer may decide according to the provisions of Article 10, reject or cancel the contract or pick up the ship after lowering the contract price. According to the above, the contract price reduction value below the festival is ___________yen.

3. Fuel consumption:

According to the instructions, the __________ test flight proves that the ship's fuel consumption exceeds the specified fuel consumption by ________%, and the contract price is not affected by it.

The actual fuel consumption of the ship exceeds the prescribed fuel consumption from _____%, and the contract price decreases according to the proportion of increased fuel consumption. That is, when the above value exceeds 1%, the contract price is reduced by _____%.

If the actual fuel consumption of the ship exceeds the specified fuel consumption, the buyer may choose, according to the provisions of Article 10 of this contract, the contract may be refused or cancelled or the contract price may be lowered.

The total price reduction is _______ yen.

4. Total load capacity:

According to the instructions, if the actual deadweight of the ship is lower than or exceeds its specified total load, it is less than ___________ long tons, and the price of ________ yen for each long ton is reduced by ________ yen. Or more than _________ long tons or more, the increase in each long ton, the contract price increased by ________ yen, less than one long ton is not counted).

If the actual total deadweight of the ship is less than the _______ long tons specified in the contract, the buyer may make a choice according to the provisions of Article 10 of this contract, reject the ship, revoke the contract, or according to the above provisions, according to _________ long tons , reduce the contract price, that is, the total amount is reduced by ______ yen.

Article 4 Approval and inspection of drawings during construction

1. Approval of drawings:

The builder shall send the drawings in triplicate to the buyer for approval in accordance with the address specified in Article 18. Within 14 days of receipt, the buyer will return a written approval or suggestion drawing to the builder. The drawings submitted by the buyer to the buyer shall be provided in accordance with the list of directories agreed by both parties.

In accordance with paragraph 2 of this Article, when the representative appointed by the buyer arrives at the shipyard, unless otherwise agreed by the parties, the buyer may submit the remaining part of the drawing in the list of agreed drawings to the representative for approval. The representative shall, within 7 days after receipt, A part of the drawings with comments will be returned to the builder. Any approval by the representative will be deemed as the buyer has approved the contract.

If the buyer or representative fails to return the drawings to the builder on time within the stipulated time, the drawings are deemed to have been fully approved.

2. Delegation of the buyer’s representative:

The buyer may send a written representative at the shipyard to authorize and be responsible for the modification of the instructions, the adjustment of the price, the approval of the drawings, the trials and the inspections of the machinery, equipment and equipment, and the tasks required by the buyer. The cost is borne by the buyer.

3. Authorized representative inspection:

According to the contract and the specification, the classification, such as the mechanical equipment and armor used by the ship, shall be inspected by the classification society, the relevant authorities and the buyer's inspection team throughout the construction period.

In accordance with the agreement between the builder and the buyer, the representative has the right to participate in the testing and inspection of the various mechanical equipment of the ship during the construction period.

The builder shall inform the representative of the test, the date and place of the inspection in advance, and facilitate the attendance.

Upon receipt of the notice, the representative shall not be present at the time of trial and inspection and shall be deemed to have abstained. If the representative finds that the materials and processes used in the construction project do not meet the requirements of this contract, the representative shall promptly notify the builder in writing. After receiving the notice, the builder shall immediately correct the improper position if he agrees to the opinion.

In the entire construction work before the ship is delivered, the representative can build the main engine and auxiliary machinery, the engineering site, the material warehouse, including the shipyard, workshop, warehouse and office, etc., and the subcontracted The ship's relevant site or material warehouse can be freely inspected.

4. facility:

The builder shall provide sufficient facilities for the representative and his assistants and provide reasonable facilities in the vicinity of the shipyard in accordance with shipyard practices for efficient work.

5. The obligations of the builder:

The representative and his assistant are employees who are employed by the buyer, not the employees of the builder.

The builder is not liable for any work-related injuries caused by the buyer's representative or his assistant at the construction site due to the negligence of the employee of the builder or subcontractor or his agent.

Similarly, the builder is not responsible for the damage or loss of the property of the representative and his assistant due to the great negligence of the builder or subcontractor or his agent.

6. Buyer’s responsibility:

The buyer guarantees that his or her representative must perform normal construction procedures in order to avoid undesired increases that delay or interfere with the construction progress.

The builder has the right to request the exchange of representatives who are deemed unsuitable or incompetent for the construction of the ship. After the actual investigation, the buyer considers that the requirements of the builder are correct and the buyer should replace his representative as soon as possible.

Article 5 Amendment

1. Modification of the manual:

Modifications or changes to the manual are subject to the written consent of both parties, but such modifications or changes or cumulative modifications or changes will not materially affect the other plans undertaken by the builder, as determined by the builder. In addition, the buyer agrees to change the possible contract price, delivery date, contract and other conditions of the specification due to the change before the modification or change.

The amendment agreement shall become effective after it has been signed by the authorized representatives of both parties of this contract, or by telegram and confirmed by an exchange of letters. The parties have obtained the agreement after the agreement has entered into force. This exchange of letters is an integral part of the contract and the specification.

If the builder finds it necessary to improve the production method, the specification may be modified less, but the buyer's consent is required in advance, and the buyer should not unreasonably reject the builder's modification request.

2. Ship level changes and other:

After the signing of this contract, if the classification society or other authorized authority requests to change the determined class and the specifications of the ship, it shall be implemented as follows:

If such change or modification is mandatory, either party receives written information from the classification society or other competent authority as to the modification of the construction of the ship, and shall notify the other party in writing as soon as possible, if the buyer agrees to The contract price, the date of delivery or the modification of this contract and the specification shall be implemented by the builder during the construction process.

If the modification is not mandatory, but the buyer requests that the modification be implemented during the construction process, the buyer shall notify the builder of this opinion, and if the modification does not affect the execution of the contract and the buyer agrees to the contract price resulting from the modification, The builder may accept this modification when the delivery date or changes to this contract and the instructions are changed.

3. Substitutes for materials:

If the various materials required by this contract and the ship's construction instructions cannot be purchased in time or the delivery date is affected by the shortage, the builder may provide other substitute materials to satisfy the classification society and construct the ship with the written consent of the buyer. For the requirements of the specification, the agreement on the use of substitute materials may be carried out in the manner specified in paragraph 1 of this Article, including the modification of the contract price and other relevant provisions.

Sixth test flight

1. Notice:

The builder shall at least notify the other party of the time and place of the trial of the vessel by written notice or telegram on the day before the trial. The buyer may send a representative to test the ship.

After the buyer receives the notice, for any reason, if the representative does not participate in the trial, the buyer shall be deemed to have abstained, and the builder may test the vehicle without the participation of the buyer’s representative. In this case, if the builder issues a certificate to prove that the ship's sea trial results meet the requirements of this contract and the instructions, the buyer is responsible for receiving the ship.

2. Climatic conditions:

The builder chooses the most suitable climatic conditions for sea trials. When the climatic conditions are not determined by the date of the test, the sea trial should be carried out as soon as the weather conditions permit. It is clear that if the ship undergoes a sea trial change during the sea trial, it is unfavorable to continue the trial test, and the sea trial should be stopped and delayed until the second day of the test climatic conditions. If the buyer agrees to pick up the ship in accordance with the test results before the test is stopped, the test may not be continued.

Delays in delivery due to poor climatic conditions that delay the trial flight should be considered as a delay in the delivery of the permit.

3. How to conduct a trial:

All costs associated with sea trials are borne by the builder, and the builder must arrange sufficient crew to ensure safe navigation. The sea trial shall be carried out in the manner specified in the manual and the performance test content specified in the instructions shall be completed. The trial flight route is determined by the builder.

Before the trial flight, although the buyer shall provide the fuel, lubricating oil, etc. required for the trial flight, the builder shall pay the cost of fuel, lubricating oil and other expenses consumed during the trial to the buyer at the original purchase price before delivery. When measuring fuel consumption, the amount of fluid that remains in the main engine, machinery, and piping is not counted. The quantity of fuel, lubricating oil, etc. provided by the buyer shall be handled in accordance with the regulations of the construction plant.

4. Implementation methods for receiving or rejecting the ship:

After the trial is completed, if the builder believes that the result of the trial indicates that the ship meets the requirements of the instructions in this contract, the builder shall inform the buyer and confirm in writing that the trial is completed. Within 3 days after the buyer receives the notice from the builder, the manufacturer shall inform the builder and confirm the ship in writing or refuse to accept the ship.

However, if the trial results indicate that the ship or any part of the ship does not comply with the requirements of this contract and / or the instructions, or the builder agrees to the non-compliance referred to in the buyer’s refusal to accept the ship, the builder shall take The necessary measures to correct the discrepancies. When such discrepancies are corrected, the builder should or refuse to accept the ship.

If the buyer refuses to pick up the ship, it shall indicate in the notice of refusal to pick up the ship which aspect or part of the ship or which equipment does not comply with the provisions of this contract and / or the instructions.

If the buyer fails to report and confirm in writing within the time specified above and refuses to pick up the ship and the reason for receiving the ship or refusing to pick up the ship, the buyer shall be deemed to have accepted the ship.

The builder may dispute the buyer's refusal to accept the ship under this clause. In this case, the dispute may be submitted to arbitration in accordance with the provisions of Article 13 of this contract, and the arbitral tribunal shall make a final ruling.

5. Processing of the remaining consumables in stock:

If the buyer has left the fresh water or other stock consumables provided by the builder after the trial, the buyer agrees to purchase from the builder at the original price of the stock and pay at the time of pick-up.

Article 7 delivery

1. Time and place:

The ship shall be handed over to the buyer by the builder before or after _____. If the delivery of the ship is allowed due to the requirements of the construction process due to the construction process, the date of delivery shall be postponed accordingly, and the transfer according to the above date or on the date of the delay shall be referred to as the date of delivery.

2. When and how it will take effect:

Subject to the fulfillment of all obligations under this contract, the delivery of the ship shall take effect when the parties to this contract simultaneously submit the delivery and receiving protocol to the other party, confirming that the ship has been delivered by the builder, The buyer picks up the ship.

3. File submitted to the buyer:

When the ship is delivered and picked up, the builder shall submit the following file to the buyer, attached to the delivery and pick-up protocol:

According to the specification, the file of the ship trial is formulated;

List of equipment under the instructions, including spare parts and other required spare parts;

The list of consumables specified in Article 6, paragraph 3 of this contract, together with the original purchase price;

All certificates, including the builder's certificate and instructions to be provided at the time of delivery of the ship in accordance with this contract; if the class certificate and/or other certificate is not submitted in the delivery of the ship, the buyer accepts the provisional certificate and does not make a breach of contract , but the builder will submit the official certificate to the buyer immediately after obtaining the official certificate;

The guarantee issued by the builder indicates that the ship was handed over to the buyer without any lien, fee, mortgage or other burden imposed on the buyer’s name. It also stated that _______ the authorities did not attach all taxes and fees to the ship during the trial period. The builder shall not be liable for any subcontractors, employees and crew before the delivery.

4. The tender for the ship:

According to this contract and the instructions, after the completion of the construction, the buyer has no normal reason and does not accept the ship. The builder has the right to tender the ship under the conditions of the above-mentioned procedures.

5. Property rights and risks:

The ship’s property rights and the risk of loss are handed over to the buyer only after the completion of the above-mentioned delivery and pick-up. Both parties made it clear that the ship's property rights and the risk of loss and the ship's equipment belonged to the builder before the delivery was effective, except for the risks of war, earthquake and tsunami.

6. The departure of the ship:

After the transfer of the ship, the buyer immediately owns the ship and should leave the shipyard within 3 days of the transfer taking effect. If the buyer does not leave the shipyard within 3 days, the buyer shall pay the builder a reasonable mooring fee.

Article 8 Postponement and extension of delivery time

1. Reason for delay:

At any time prior to actual delivery, due to natural disasters, interference by government authorities, war, blockade, revolution, uprising, rebellion, strike, plague, fire, flood, typhoon, earthquake, tsunami, explosion, collision, stranding, embargo Etc., causing delays in the construction of the ship or the time required for the above reasons, as a precondition for the delay time, thereby delaying the performance of the delivery, but should not exceed the total delay.

2. Delayed notification:

Within 7 days from the date of the commencement of the delay, the builder applies the telegram to inform the buyer that, according to the provisions of this contract, the builder has the right to request the postponement of the ship's delivery date and confirm in writing the date of the postponement and the reasons for the delay. Similarly, within 7 days after the end of this delay, the builder will notify the buyer in writing or by telegram to confirm in writing that the delay has ended and the time for the delivery date to be postponed due to this delay; the buyer receives this Within 7 days after the notice, the constructor’s notice of requesting the postponement of the delivery date was not confirmed, and the buyer’s consent was considered to be postponed.

3. Allowed deferred definition:

The reasons for the provisions of paragraph 1 of this Article and any other reasons for allowing the delivery of the ship on the date of this contract shall be understood as an allowable delay, which is different from an unauthorized delay. According to the provisions of Article 3 of this contract, the unauthorised delay should be adjusted to the contract price.

4. The right to cancel the contract due to delay in overdue:

Except in the case of a postponed delivery date in accordance with this contract, the buyer may cancel this contract in accordance with the provisions of Article 10 of this contract in the event that the accumulated cumulative time of the delay reaches or exceeds the date for the reasons stated in this article. . The builder shall send a letter to the buyer when the delay is accumulated, and the buyer shall, within the day of receipt of the notice from the builder, indicate his or her will, whether to cancel the contract or to transfer it on the specified date in the future.

The parties agree and understand that if the delay is repeated, the buyer retains the right to cancel the contract under the terms of this contract.

Article 9 Quality Assurance

1. Guarantee:

In accordance with the provisions of the following clauses, if the defects caused by materials or workmanship are found within the month after the ship is handed over to the buyer, the builder shall remedy the defects for free. Its warranty covers only the hull, machinery, equipment and steering gear, but does not include any part provided by or on behalf of the buyer.

2. Notice of defects:

In accordance with this warranty, the Buyer shall notify the Builder or Telegram notice in writing and confirm in writing with the defect as soon as possible after the defect has been discovered. The buyer’s written notice should state the nature and extent of the defect. If a defect is found before the expiration of the month, but the notice is not delivered within the day after the warranty period, the builder is not obligated.

3. Remedy for defects:

The Builder shall remedy any defects that appear in accordance with the warranty terms of this contract and carry out necessary repairs or replacements at its shipyard at the expense of the Builder.

If the ship is not available to the shipyard for repair, the buyer may choose to repair or replace it at a location that he deems appropriate. To this end, the builder may supply or supply the parts or materials to be replaced, and the components or materials shall not be affected. Or postpone the ship's operations and sailing schedule. If the buyer proposes to repair or replace the shipyard outside the construction plant without delaying the schedule or affecting the operation and sailing date, the buyer shall notify the builder of the time and place of the proposed repair. The builder has the right to have his representative verify the nature and extent of the defect made by the buyer. After the verification is completed, the builder shall immediately report the use of the electricity report to the buyer to accept or reject the defect as listed in the guarantee. Upon acceptance by the Builder, acknowledging the remedy under this Contract, or arbitrarily determining that it should be a remedy for the remedy, the Builder shall immediately pay the Buyer the amount of the repair or replacement part required, which shall be performed at the Construction Shipyard The same costs for repair or replacement are the same.

In any case, the cost and responsibility of the ship to the selected location for repair or replacement of parts is the purchaser.

Any dispute under this Article shall be arbitrated in accordance with the provisions of Article 13 of this contract.

4. The scope of responsibility of the builder:

The Builder shall not be liable or liable for any other defects of the ship other than the defects mentioned in paragraph 1 of this Article. In any case, the builder’s and special, whether direct or indirect damages, damages, or profits arising from the remedies described in paragraph 1 of this article, or the repair of the ship or other deficiencies, The loss of demurrage shall not be liable or liable.

Replaced by the buyer after delivery, or repaired by each contractor, or due to negligence or improper operation and repaired by the buyer’s hiring or agent, or normal wear and tear, or uncontrollable conditions on the construction side Any occurrence of defects in any part of the ship shall not be liable.

The ship is constructed by the builder and sold to the buyer, so the warranties set forth in the above terms may supersede or exclude any other warranties, warranties, practices and regulations contained in a documented or unwritten law.

5. Guarantee Engineer:

The builder has the right to designate a guarantee engineer as the representative to serve the ship during the warranty period determined by the builder. The buyer and its employees shall represent the builder to ensure that the engineer performs the task and cooperates fully on the ship. The buyer’s treatment of the assurance engineer shall be in accordance with the treatment of the chief engineer of the ship. Provide housing and living conditions for them without charging the builder and/or the assurance engineer. The buyer shall pay the builder a monthly amount of _________ as compensation for the cost of the engineer to perform the task on board, and pay the cost of returning the ticket to _______ after the expiration of the service period.

In view of the details referred to in this paragraph, the parties shall sign an agreement after the transfer of the ship to enable it to be realized.

Article 10 Return of the buyer

1. Notice:

The amount paid to the builder before the transfer of the ship is of a prepayment nature. If the buyer exercises the right to return the goods in accordance with the terms of the contract permitting the cancellation of the contract, it shall notify the builder in writing or by telegram notice and confirm in writing, the validity period of the notice shall be from the date on which the builder receives the notice.

2. Builder refund:

At that time, the builder shall immediately return the entire amount paid by the buyer to the builder for the vessel, except if the builder submits the arbitration in accordance with the provisions of Article 13 of this contract.

In this case, the amount refunded to the buyer on an as-needed basis, and the interest on the date the builder remits the money to the buyer, from the date the buyer pays the builder, is calculated at the annual interest rate of _______%. However, when the buyer cancels the contract in accordance with the provisions of Article 8, paragraph 4 of this contract, the builder will not pay interest.

3. Dissolution of obligations:

After the builder returns the money to the buyer, all the obligations, liabilities and liabilities assumed by the other party under this contract will be immediately lifted.

Article 11 The buyer fails to perform the responsibility

1. Definition of non-compliance:

The following is considered to be the buyer’s failure to perform the obligations under this contract:

In accordance with the provisions of Article 2 of this contract, in the first, second and third installments, the buyer has not paid the builder within 3 days after the expiration; or

In accordance with the provisions of Article 2 of this contract, the buyer did not pay the fourth installment amount when the ship was handed over; or

According to Article 7 of this contract, when the ship is ready to pay to the buyer, the buyer does not accept the ship and does not pay.

2. Interest and fees:

If the buyer fails to perform the payment obligation and fails to make the installment payment in accordance with paragraph 1 of this Article, the buyer shall pay the construction party the interest paid from the date of payment to the builder and the annual interest rate _________%; if the ship is not received in accordance with this Article 1, It is deemed that the buyer has not paid the fourth instalment and shall pay the interest calculated from the date of delivery of the same party as the above-mentioned annual rate of the same construction.

When the buyer is in default or breach of contract, the builder shall bear all the expenses incurred as a result.

3. The consequences of default:

In the event of a breach of contract by the buyer as specified above, the delivery date shall be automatically postponed and the period of delay shall be the period during which the buyer defaults.

If the buyer defaults on the day, the builder may, at his discretion, inform the buyer and confirm in writing, cancel the contract, the contract will immediately become invalid, and all the items provided by the buyer shall be the property of the builder. In the event of a cancellation contract, the entire amount of the payment made by the buyer to the builder is held by the builder.

4. The sale of the ship:

If the contract is cancelled as described above, the Builder shall have the right to deal with it, or continue or suspend the construction of the ship, sell it publicly or sell it privately, in a manner that it deems appropriate, without incurring the buyer’s loss and loss. Any responsibility.

If the ship is completed at the time of sale, the proceeds of the sale shall be paid by the builder first of all costs incurred by the builder in connection with the sale and the buyer’s default. Then pay the instalment amount of all the unpaid contract price and the interest required to be paid, calculated at an annual rate of _____%.

If the ship is not yet completed, the builder processes the sales value of the ship, first to cover the full cost of the participation in the sale and the construction party's expenses due to the buyer's default. Then pay the difference between the price of the ship and the installment payment and the loss portion of the reasonable profit of the builder due to the cancellation of the contract.

In view of the above two cases, if the sales amount exceeds the total amount to be paid, the builder shall immediately pay the excess to the buyer without interest. However, the amount paid to the buyer must not exceed the amount paid by the buyer for the payment of the branch. If the buyer has supplies, it should not exceed the price of the supply.

If the amount sold is insufficient to pay the total amount required to be paid, the buyer shall immediately pay the portion of the gap that is not available at the request of the builder.

Article 12 Insurance

1. The scope of investment insurance:

From the beginning of the ship's keel until the completion of the delivery, delivery and the buyer's pick-up, the builder shall construct the supply for the ship at his own expense, including the goods that have been shipped to the shipyard, loaded, and the buyer's supplies and all machinery. , materials, equipment, instruments and components are insured against _________ insurance companies, and insurance should be compatible with the insurance terms used in ______.

The insured amount of such insurance shall summarise the amount at the time of delivery of the ship, and shall be at least equal to, but not limited to, the total amount paid by the buyer to the builder, including the buyer’s supply.

The insurance policy of the above insurance shall be headed by the builder. All losses under this policy shall be paid to the builder as required. If the buyer requests that the parts, materials, machinery and equipment required for the ship have been insured, the earthquake, strike, war or other risks not covered by this clause may be insured, and the builder shall handle this. . The insurance premium shall be paid by the buyer to the builder upon payment by the ship.

2. The use of recovery:

Partial loss:

If the construction vessel is inspected by the buyer, for whatever reason, the insured shall suffer losses and the damage caused does not constitute the actual or presumed total loss of the vessel. According to this article, the insurance policy should be recovered according to the insurance policy, and the amount obtained is used to pay for the repair cost, which is intended to make up for the loss to meet the requirements of the classification society. According to the provisions contained in this contract, when the ship is completed, the buyer will pick up the ship according to the contract.

Total loss:

However, if the ship is found to be actual or presumed total loss, the parties to the contract negotiate with each other, the builder

You can choose the following:

According to the provisions of this contract, the project needs to continue. In this case, the amount recovered by the policy is applied to the repair cost of the ship, but both parties should first agree in writing to delay the delivery date, and the contract must be adjusted to complete the reconstruction. Terms, including the contract price;

The total amount of all installments paid in accordance with this contract shall be immediately repaid to the buyer, excluding interest, and accordingly, this contract shall be deemed to have been cancelled, and either party to this contract shall have and shall assume all rights, responsibilities, obligations and liabilities to the other party. Terminate immediately. If the parties fail to reach an agreement within 2 months after the ship is found to be actual or presumed to be totally damaged, the above two provisions shall apply.

3. Termination of the builder’s insurance obligations:

The ship's insurance obligation under the contract is terminated immediately after the seller delivers the ship and is picked up by the buyer.

Article 13 Dispute and Arbitration

1. litigation:

In the event that any dispute between the parties to this contract or the contract relating to any provision of this contract or to any of these provisions cannot be resolved, the dispute shall be filed with the ________ Shipping Authority. Arranged by arbitration under the Maritime Arbitration Rules of the Shipping Bureau, except as otherwise provided under this contract.

Any party to this contract who wishes to submit to the Shipping Bureau for arbitration shall submit an application for arbitration to the Shipping Bureau in writing. The statement of claim shall be accompanied by a written power of the arbitrator appointed in writing and the relevant files accepted by the arbitrator.

Within 20 days after the Shipping Bureau receives the files listed above, the other party shall also notify the arbitrator entrusted by the Shipping Bureau and accept the relevant files of the entrustment. The two arbitrators may serve as arbitrators appointed by the Maritime Arbitration Commission and perform their arbitration duties.

The third arbitrator who presides over the arbitration program shall be appointed by the committee from among its members. The arbitrator has no relationship with the parties to the dispute or has nothing to do with the dispute. The designated arbitrator shall constitute a settlement of the dispute. Tribunal. However, if the other party fails to appoint a second arbitrator 20 days after receiving the relevant file from the Shipping Bureau, an arbitrator appointed by the party requesting the arbitrator shall be deemed to have accepted and is designated as himself. Arbitrator. The arbitrator is on both sides and constitutes an arbitral tribunal. The arbitration shall be conducted under the auspices of the arbitrator.

The ruling by either the arbitrator of the shoulders or the majority of the three arbitrators is final and binding on both parties to the contract. If the three arbitrators do not obtain a majority ruling, the arbitrator's ruling shall be final and binding on both parties to the contract.

Notwithstanding the above, any dispute or opinion disagreement arising out of the construction of the ship and its machinery and equipment, or the quality of the material or workmanship, may be submitted to the classification society for arbitration. The classification society’s ruling shall be final and binding on both parties.

2. Notice of the award:

It should be confirmed immediately in writing or by telegram to inform the buyer and the builder of the decision.

3. cost:

The arbitral tribunal shall determine the party to which the arbitration fee is borne or the proportion of the costs borne by both parties.

4. Submit to the court:

The judgment of the award may be submitted to any court of competent jurisdiction.

5. Change of delivery date:

If a dispute arises before the transfer of the ship, it must be submitted to arbitration, and the award may be postponed by the arbitral tribunal as deemed appropriate by the arbitral tribunal.

Article 14: Right to transfer

Neither party may assign this contract to a third party except with the prior written consent of the other party. If the buyer transfers, it still needs to be approved by the government, and the buyer is still obligated to this contract. This contract shall continue to be binding on the legal heirs or legal assignees of either party and shall continue to be binding.

Article 15 Taxes and Tariffs

1. Tax and customs duties:

The builder shall bear and pay the taxes and duties imposed by _______, but does not include ________ to levy taxes on the supplies to the buyer.

2. Foreign taxes and duties:

The buyer shall bear and pay taxes and duties that shall be imposed outside the __________ for the execution and/or performance of this contract, but does not include taxes and duties that the builder shall impose to construct the ship for the required items.

Article 16 Patent Trademarks and Copyrights

1. Patents, trademarks and copyrights:

The machinery and equipment used in the ship shall be marked with the patent number, trademark or trade name of the manufacturer.

The Builder shall not allow the Buyer to assume the liability for the use of the patent, or for the loss of the litigation resulting from the breach of the patent right, including the cost of litigation for the improper use of any patents and inventions in the execution of the contract.

This Article shall not be construed as a device used in this contract, but only in connection with the transfer of a patent or trademark or copyright, and hereby certify that the patent used is solely for the true legal holder.

The builder's warranty does not apply to the buyer's supplies.

2. General drawings, instructions and production drawings:

The builder has full authority over the instructions, design drawings and production drawings, technical descriptions, calculations, test data and other data, information and files related to the ship. The Buyer undertakes not to disclose or disclose it to a third party under any circumstances without the prior written consent of the Builder, but may be used for normal operation, repair and maintenance of the vessel.

Article 17: Buyer's supply of goods

1. Buyer’s responsibility:

The risk, price and cost shall be borne by the builder within the time specified by the builder, and the articles provided to the builder shall be delivered in the shipyard warehouse or stacking place as specified in the instructions, and the supply shall be in good condition to accommodate the ship.

In order for the builder to install the buyer's supply on board, the buyer shall provide the builder with the necessary instructions, diagrams, guidelines, manuals, test reports and certificates required by the regulations. At the request of the builder, the buyer assists the builder in the installation or installation of the builder, or at the shipyard, but does not charge the builder.

The builder has the right to return any or all of the buyer's supplies if they are found to be improper or unsuitable for installation. However, at the buyer's request, the builder may repair or adjust the buyer's supply without affecting the builder's other rights under this contract, and the builder shall not bear the consequences. In this case, the buyer shall reimburse the builder for all costs incurred for repairs or adjustments, and the delivery date shall automatically extend the time required for repair or adjustment.

If the buyer fails to deliver the buyer's supplies on time within the stipulated time, the delivery date shall also automatically extend the time required for late delivery. The buyer shall be liable for this and pay the builder the full loss and damage suffered by the builder due to the late delivery of the buyer's supplies, and the loss shall be paid at the time of delivery. If the buyer's supply is late for more than 30 days, the builder has the right to continue to build the ship, and the equipment may not be installed on the ship, and the buyer will pick up the ship in this state, so that no other objection to the builder's rights may arise.

2. The responsibility of the builder:

The builder shall store and reasonably take care of the buyer's supplies after they have been delivered to the shipyard and install them free of charge. Except as otherwise provided in this contract, the Builder shall not be liable for the quality and performance of the Buyer's supplies.

Article 18 Notice

1. address:

Any notice relating to this contract shall be at the following address:

To the buyer: To the builder:

Electric hanging: ____________ Electric hanging: ___________

Telex: ____________ Fax: ___________

2. Text:

Any and all notices and communications relating to this contract are in English.

Article 19 Effective Date of the Contract

This contract is effective as of the date of signing by the buyer and the builder.

However, if the ____ government does not issue an export license and a construction permit within ____ days, this contract will automatically lapse. Unless otherwise agreed in writing by the parties to the contract, the parties shall immediately and completely discharge the obligations assumed under this contract to the other party and state that the contract has not entered into force.

Article 20 Interpretation

1. Applicable law:

The parties to this contract agree that the entry into force and interpretation of each provision of this contract shall be governed by the laws of the country in which the ship is constructed.

2. Ambiguity:

The language used in the specification or the different requirements are included to explain, explain and implement this contract. In the event of any inconsistency between the words and the requirements stated in any of the terms of the contract, the terms of this contract shall prevail when such circumstances arise.

The instructions and drawings are also mutually explained. If there are any items on the drawings that are not specified in the instructions or specified in the instructions but not specified on the drawings, they are considered as specified in the instructions and drawings.

3. All agreements:

This contract includes all agreements and understandings between the parties to date, and the previous negotiations, claims, commitments and agreements relating to the terms of this contract have lapsed.

Article 21 Other Articles

The parties hereby jointly confirm the contract price, which should include the design fee of ¥____ yen, and provide the drawing fee, which is the technical service fee required by the builder to perform this contract.

I hereby certify that both parties signed this contract on ________________________________

Buyer: _______ Builder: __________

Signatory: _______ Signatory: __________

Title: _______ Title: __________

Witness: _______ Witness: __________

Note: The contract is characterized by large amount of subject matter, complicated engineering, long construction period, strict quality assurance provisions, and specific conditions for breach of contract.

The rights and obligations reached by the buyer and the seller are equal, the contract price is reasonably equivalent to the contracted goods, and the payment time matches the progress of the project. The buyer shall not delay and refuse to pay the contract; the seller may not meet the prescribed technical indicators for the contracted goods, and the buyer may refuse acceptance or fine.

The contracted goods sold by the seller did not meet the indicators, such as "speed", "fuel consumption", load capacity, delayed delivery, etc., which set the conditions for fines;

Contract goods purchased by the buyer shall be paid on time, and if the obligations are not fulfilled on time, the conditions for the fines shall be stated.

The fine condition book of the contract is specific and clear. If the buyer or seller breaches the contract, it will be subject to the fine. If the conditions for fines are not enforced or differences arise, they may be put into arbitration and legally sanctioned in order to implement their respective rights and obligations.