1.Insurance:Covering All Risks and War Risks as per Ocean Marine Cargo Clauses of main Chinese insurance company( 1.PING AN PROPERTY&CASUALTY INSURANCE COMPANY OF CHINA.LTD,2.CHINA PACIFIC PROPERTY INSURANCE CO.,LTD,3.PICC PROPERTY AND CASUALTY CO.,LTD) To be effected by the SELLER under CIF/CIP terms.

2.Arbitration:All disputes arising out of or in connection with this contract shall be submitted to Shanghai Arbitration Commission and resolved by arbitration under its Arbitration Rules if a friendly consultation fails.Any arbitral award shall be final and binding.The arbitration shall be conducted at Shanghai Commercial Arbitration Center of Shanghai Arbitration Commission.

3.Claims:within 30days after arrivial of the goods at the destination,should the quality,specifications or quantity be found not in comformity 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 CCIC and the related documents to claim for compensation to the sellers.

4.Force Majeure:the seller shall not be held responsible for the delay in shipment or non-delivery of the goods due to Force Majeure,which might occur during the manufacturing or in the course of loading or transit.The sellers shall advice buyers immediately of the occurence mentioned above the within fourteen days there after.The sellers shall send by airmail to the buyers for their acceptance certificate of the accident.Under such circumstances,the sellers,however,are still under obligation to take all necessary measures to hasten the delivery of goods.