APTMA APPROVED CONTRACT FOR LOCAL SALE OF PAKISTANI COTTON

This contract for local sale of 100% Pakistani cotton is made as per following details:
DATE OF CONTRACT: ___________________________________, 20_____
SELLER:
______________________________________________
(Name of ginner)

SELLERS REPRESENTATIVE:
______________________________________________
(Name(s) of Authorised Persons(s) / Directors(s) / Partner(s))

SELLERS ADDRESS:
______________________________________________
(Address)

SELLERS CONTACTS: ______________________________________________

(Phone)

SELLERS REFERENCE:

(Fax)

______________________________________________

NAME, DETAILED ADDRESS AND STATION OF COTTON GINNING FACTORY:

(If different from above)
________________________________________________________
________________________________________________________

BUYER:
______________________________________________
(Name of Spinning Mill)

BUYERS REPRESENTATIVE:
______________________________________________
(Name(s) of Authorised Persons(s)/Director(s))

BUYERS ADDRESS:

______________________________________________
(Address)

BUYERS CONTACTS: ______________________________________________

(Phone)

(Fax)

BUYERS REFERENCE: ______________________________________________

BROKER:
______________________________________________
(Name of Broking Company)

BROKERS REPRESENTATIVE
______________________________________________
(Name(s) of Authorised Persons(s)/Director(s) / Partners)

BROKERS ADDRESS: ______________________________________________

(Address)

BROKERS CONTACTS:______________________________________________
(Phone)

(Fax)

BROKERS REFERENCE:

______________________________________________

TYPE OF COTTON:
CROP YEAR:

________________________________________________
20_______

QUANTITY IN BALES: _______________________________________________

(In Figures)

_______________________________________________
(In Words)
NOTE: Weight of each lot should be between 15,000 kgs and 17,000 kgs.

RATE PER MOUND:

_______________________________________________
(In Figures)

_______________________________________________
(In Words)

DELIVERY DATE:

Within _________ days of this contract,

or before ________________________________, 20____

DELIVERY SCHEDULE ___________ bales before __________________

(IN CASE OF LARGE QUANTITY) ___________ bales before __________________
PLACE OF DELIVERY: _______________________________________________
(If different from buyers spinning mills address)

======================================================================

QUALITY PARAMETERS
MOISTURE ALLOWANCE:

___________%__________________________Percent
(In Figures)

(In Words)

MAXIMUM MOISTURE LIMIT: ___________%__________________________Percent

(In Figures)

(In Words)

TRASH ALLOWANCE: ___________%__________________________Percent

(In Figures)

MAXIMUM TRASH LIMIT:

(In Words)

___________%__________________________Percent
(In Figures)

(In Words)

MICRONAIRE (BEFORE SHIRLEY):

"MINIMUM"

_____ ________

____________________________
(In Figures)

"MAXIMUM"

_____ ________

_____________________________
(In Figures)

STAPLE LENGTH:

(In Words)

(In Words)

______________________________________________
(In Figures)

STAPLE LENGTH PARAMETER: (___) USDA

(In Words)

(___) Other, as specified

STRENGTH (MINIMUM):

______________________________________________
(In Figures)

(In Words)

STRENGTH PARAMETER: (___) GPT

(___) PSI
(___) Other, as specified
_________________________________________________________________________
"FINAL" QUALITY LAB. RESULTS: * Quality to be finalized at:
(___) Ginning factory
(___) Buyer's delivery address.
(___) Neutral
* Proper Laboratory Reports to be obtained by the concerned party.
Following "USDA Calibrated" Laboratories are approved:
(1) Nishat Chunian Ltd., Lahore.
(2) Nishat Mills Ltd., Faisalabad.
(3) Suraj Cotton Mills Ltd., Lahore.
(4) Relliance Cotton Mills Ltd., Multan.
(5) Mehmood Textile Mills Ltd., Multan.

(6) Mayfair Spinning Mills Ltd., Lahore.

(7) Sapphire Fibres Ltd., Lahore.
(8) Bhanero Textile Mills Ltd., Lahore.
(9) Pak Kuwait Textile Mills Ltd., Lahore.
(10) Din Textile Mills Ltd., Lahore.

=====================================================================
FREIGHT responsibility of:

(___) Buyer

PAYMENT TERMS:

(___)

(___) Seller

"IN ADVANCE" by :
(___) Demand Draft
(___) Telegraphic Transfer
_____________________________________
(Beneficiarys banking details and account number, if required)

(___)

"TO PAY" on delivery/approval at the specified

delivery address, as detailed in next clause.

PAYMENT DUE WHEN:

(___)

Lot(s) approved by the:

(___) Broker at:
(___) Ginning factory
(___) Spinning mills / delivery address
(___) Sellers representative at ginning factory

(___)

Lot(s) dispatched from the ginning factory

(___)
(___)

Lot(s) received at the spinning mills.

Lot(s) received at the spinning mills and approved by
the authorized person at spinning mills.
(___) After complete/partial laboratory testing by spinning mill
TARE PER LOT:

___________kgs ________________________kilograms
(In Figures)

(In Words)

"FINAL" WEIGHT: *

Weight to be finalized at:

(___) Ginning factory
(___) Buyer's delivery address.
(___) Neutral weigh bridge.
* Proper weight-notes to be obtained by the concerned party.
ALLOWANCES:
Allowance for Micronaire: One percent for each 0.1 micronaire deviation from the contracted range specified above.
Allowance for Staple Length: Base (specified above) minus one percent for each 32nd of an inch.
Allowance for Strength: 0.5% (Half percent) on each GPT as per contract.

Agreed, as per details mentioned herein and as per the terms and conditions overleaf/attached which form an integral part of
this contract.

SELLER:
______________________________________________________
(Signatures)

(Stamp)

BUYER:
______________________________________________________
(Signatures)

(Stamp)

BROKER:
______________________________________________________
(Signatures)

(Stamp)

Each page to be initialed and stamped by all parties. Other terms and conditions follow.
In case only the broker is signing the contract, he will be deemed to be authorized by the ginner.