YACHT BUILD AGREEMENT

YACHT BUILD AGREEMENT

YACHT BUILD AGREEMENT dated： ______________________‎ ‎　　between ‎ ‎　　______‘s yacht company limited， hong kong. （hereinafter referred to as “the builder”） ‎ ‎　　and ‎ ‎　　bbb cc， vietnam， （hereinafter referred to as “the buyer”） ‎ ‎　　whereas： ‎ ‎　　1） the buyer wishes to acquire a aaa‘s cape 65 trawler yacht （the yacht） designed by thanos condylis， and built to the buyer’s stated requirements and specification， and the builder has the capability， knowledge and skills to build and supply the same. ‎ ‎　　2） the builder has agreed to construct， equip， fit-out， test and deliver the yacht to the buyer‘s stated requirements and specification， which the buyer has agreed to accept upon the terms and conditions here in after specified： ‎ ‎　　now therefore the parties hereto have agreed and do hereby agree as follows： ‎ ‎　　article i - interpretation ‎ ‎　　1） in this contract the following words and expressions shall have the meaning hereby ascribed to them， except where the context otherwise admits or requires： ‎ ‎　　“banking days” shall mean days upon which hong kong clearing banks are customarily open for business. ‎ ‎　　“the builder‘s clarifications” shall mean the documents so entitled forming part of this contract and set out as annexes hereto； （see also item （2） of this article.） ‎ ‎　　“buyer‘s representative（s）” shall mean such persons notified from time to time by the buyer as having authority to act for the buyer， the extent of such authority being set out in the notice； ‎ ‎　　“items of buyer‘s supply” shall mean any item of equipment and stores for the yacht ordered by the buyer direct from the manufacturer or the supplier， for incorporation in the yacht by the builder； ‎ ‎　　“items of builder‘s supply” shall mean any item of equipment and stores for the yacht ordered by the builder direct from the manufacturer or the supplier， for incorporation in the yacht； ‎ ‎　　“the certifying / survey body” shall mean the body responsible for the survey and certification of the yacht to the requirements of the buyer. ‎ ‎　　“the contract” shall mean （a） this contract， and （b） the attached annexes and schedule more particularly described below. ‎ ‎　　“the contract delivery date” shall mean no later than ________；‎ ‎　　“the contract master programme” shall mean the programme for construction of the yacht， set out in annex d； ‎ ‎　　“the contract price” shall mean the price stipulated in article v for the yacht， yard number 005；‎ ‎　　“the yacht” shall mean the yacht the subject of this contract and generally as described in article ii， with all the machinery， apparatus， outfit， materials， and equipment appurtenant thereto， but excluding the items of buyer‘s supply. “the boatyard” shall mean aaa‘s yacht company， xinhui， china.‎