This International Procurement Contract (hereinafter referred to as “Contract”) is executed on April 16, 2026, between sr(no3)2₃ Manufacturing Company (hereinafter referred to as “Seller”) and strontium nitrate uses Trading Corporation (hereinafter referred to as “Purchaser”). The Contract establishes comprehensive terms for the international supply of strontium nitrate materials, including technical specifications, commercial conditions, delivery arrangements, payment procedures, and contractual obligations.
RECITALS: WHEREAS, Seller possesses manufacturing capabilities and expertise in producing high-quality strontium nitrate materials; and WHEREAS, Purchaser requires consistent supply of such materials for commercial distribution and industrial applications; and WHEREAS, both parties intend to formalize their business relationship through this comprehensive contractual arrangement; NOW, THEREFORE, the parties hereby agree to the following terms and conditions: This Contract establishes a legally binding framework for international strontium nitrate procurement, addressing all aspects of the commercial relationship including technical specifications, financial arrangements, delivery logistics, quality assurance, and contractual governance to ensure reliable supply chain operations and business partnership success.
Clause 1: Material Specifications and Supply Terms
1.1 Material Specifications: The Seller shall supply strontium nitrate materials conforming to the following technical specifications: Chemical formula: Sr(NO₃)₂, Minimum purity: 99.5%, Particle size distribution: 80-120 mesh, Maximum moisture content: 0.3%, Solubility in water: ≥70g/100ml at 20°C, pH of 5% solution: 5.5-7.0.
1.2 Supply Commitment: The Purchaser commits to purchasing a minimum annual volume of 200 metric tons of strontium nitrate materials, with quarterly deliveries of 50 metric tons each. Specific delivery schedules shall be confirmed in writing at least 45 days prior to each shipment.
1.3 Technical Documentation: Each shipment shall be accompanied by comprehensive documentation including Material Safety Data Sheet (MSDS), Certificate of Analysis (CoA), and Quality Assurance Certificate confirming compliance with agreed specifications.
Clause 2: Commercial Terms and Financial Arrangements
2.1 Pricing Structure: The contract price for strontium nitrate materials shall be JPY 275,000 per metric ton, CIF Osaka Port. This price includes all costs of goods, insurance, and freight to the designated Japanese port of entry.
2.2 Payment Mechanism: Payment shall be effected through telegraphic transfer (T/T) within 30 days after receipt of goods and verification of documentation. The Purchaser shall provide bank transfer details and confirm payment execution within the specified timeframe.
2.3 Financial Guarantees: The Seller may require a performance bond or bank guarantee equivalent to 10% of the annual contract value, to be provided within 15 days of contract execution and maintained throughout the contract term.
3.1 Delivery Logistics: The Seller shall arrange ocean freight transportation using 20-foot or 40-foot shipping containers, with materials properly packaged in moisture-proof containers suitable for international maritime transport. All packaging shall comply with International Maritime Dangerous Goods (IMDG) regulations. Transportation arrangements shall include appropriate insurance coverage for marine cargo, with insurance certificates provided to the Purchaser prior to shipment. The Seller shall coordinate with reputable shipping lines and freight forwarders to ensure timely and secure transportation of materials from the manufacturing facility to the designated Japanese port of entry.
3.2 Documentation Requirements: The Seller shall provide complete shipping documentation including commercial invoice, packing list, bill of lading, insurance certificate, certificate of origin, and any required export licenses or permits.
3.3 Customs Clearance: The Purchaser shall be responsible for customs clearance procedures at the Japanese port of entry, including payment of applicable duties, taxes, and import fees in accordance with Japanese customs regulations.
4.1 Quality Control: The Seller shall implement rigorous quality control procedures throughout the manufacturing process, with regular testing and analysis to ensure consistent material quality. The Purchaser may conduct third-party inspection at the Seller’s facility with prior arrangement and reasonable notice.
4.2 Non-Conformance Resolution: In case of material non-conformance, the Purchaser shall notify the Seller within 10 business days of receipt, providing detailed evidence of the deficiency. The Seller shall investigate promptly and propose appropriate resolution, which may include replacement, credit, or price adjustment.
5.1 Contract Duration: This Contract shall remain in force for an initial term of two (2) years from the effective date, with automatic renewal for successive one-year periods unless either party provides written notice of non-renewal at least 90 days prior to expiration.
5.2 Termination Provisions: Either party may terminate this Contract for material breach upon 60 days written notice, provided the breaching party fails to cure the breach within the notice period. Termination for convenience requires 120 days written notice and settlement of all outstanding obligations.
IN TESTIMONY WHEREOF, the parties have caused this International Procurement Contract to be executed by their duly authorized representatives as of the date first above written.
SELLER AUTHORIZED SIGNATORY: ___________________________
PURCHASER AUTHORIZED SIGNATORY: ___________________________