Contract Sperm Whales Essay
Contract Sperm Whales
This agreement is drawn up and signed in Dubai, UAE on the 25 th of April 2012, by and between 1. Jetta Pharmaceuticals Ltd., producer of special medicaments for improving the immune system, based in Kuala Lumpur, Malaysia, represented in this matter by its sales director Mr. L. Dziel, hereinafter referred as „seller” and 2. Vegan Perfumes, sole producer of SKY® perfumes, based in 19 Royce Avenue, Nottingham, United Kingdom, represented in this matter by its sales manager Ms. Sara Zydorczak, hereinafter reffered as „buyer” Whereas: 1. 2. 3. 4. 5. 6. Jetta Pharmaceuticals Ltd. buys the entire output of Sperm Whales from Whales Hunting Ltd. Jetta Pharmaceuticals Ltd. pays Whales Hunting Ltd. in lump sum. Whales Hunting Ltd. transports 200 Sperm Whales to the new-built warehouse (costs of transport included in output price) From the warehouse organs will be shipped to the both companies headquarters. Vegan Perfumes repays Jetta Pharmaceuticals Ltd. in lump sum (bank account transfer, 72 hours after receiving the e-mail address will all needed data). All prices are expressed in American dollars ($).
The parties agree as follows: 1. 2. 3. The Quantity of the Sperm Whales, which will be bought from Whales Hunting Ltd. The initial price of mammals bought from Whales Hunting Ltd. by Jetta Pharmaceuticals Ltd. Building the new warehouse where the whales will be stored and eviscerated. The work will be outsourced to the local company. 4. 5. 6. Creating the new limited liability company „Whales Medicaments & Perfumes”. Founding a charity organisation „Sea forever”. Details, which are connected with the transaction (transport, custom duty, etc.)
Negotiated issues: Price: • The Price includes all taxes and costs of transport – first from Whales Hunting Ltd. headquarters to the warehouse and then to Malaysia and to the United Kingdom • Currency: $ (US dollars)
Details: Jetta Pharmaceuticals Ltd. buys the entire yearly output of Sperm
Whales from Whales Hnting Ltd. The date of the transaction is 25th April 2012 Price: $ 25.000 per Sperm Whale Output: 200 Sperm Whales Amount of money: $ 5.000.000 Jetta Pharmaceuticals Ltd. pays $ 5.000.000 and after receiving the money Whales Hunting Ltd. transports 200 Sperm Whales to the new warehouse which location will be send in the e-mail after transfering money to the given bank account. From the warehouse organs needed by Jetta Pharmaceuticals Ltd. will be send to Malaysia and organs needed by Vegan Perfums will be send to the United Kingdom. The eviscerated mammals will be sold to the museums in Australia, New Zealand and another countries. The money from this sales will be transfered to the special 2
bank account created for the new charity organisation „Sea forever”. The activity of „Sea forever” will be descripted in another contract signed during the first visit in the new warehouse. The Import Licence is the Buyer’s responsibility, if required. If the Buyer fails to obtain the Import Licence, the Seller has the right to terminate the present contract. The deadline of this transaction depends on the day when the new warehouse will be built and the work outsourced to the local company. Payment terms: Form of payment: money transfer to the bank account Time of effecting the payment: 72 hours Goods: The cases from 200 Sperm Whales – sent to Malaysia Ambergis from 200 Sperm Whales – sent to the United Kingdom 200 eviscerated Sperm Whales – left in the warehouse until bought by museums or private collectors Packaging: Containers suited to the transportation of organic matter Warranty: The transport company is responsible for delivering the products
Type of transport: first two – planes, eviscerated mammals – container ships Place: Transport to Malaysia and the United Kingdom, in the future another directions Costs of the transport: All costs of transportation included in Transaction Price. The seller is obligated to cover all additional costs if necessary. Time range of a contract: This contract come into force within 7 days after it is signed. The contract terminates when the parties decide. Force Majeure: natural disasters, earthquakes, hurricanes, floods, wars, riots or other major upheaval, government restictions, UN or EU restrictions, performance failures of parties outside the control of the contracting party (subcontractors, suppliers, carriers, outsourced company, company building the warehouse)
Applicable law: This contract shall be governed by and constructed according to New Zealand law Disputes: Any disputes, controversies or claims between the parties arising out of or relating to this Agreement shall be enforceable and judgment upon any award rendered by the arbitrators may be entered in the state court of Kuala Lumpur, Malaysia, having jurisdiction. The parties will have rights to enter state courts in case of strong disagreement with the judgment of the arbitration court.
University/College: University of California
Type of paper: Thesis/Dissertation Chapter
Date: 14 November 2016
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