INSTALLMENT SALES AGREEMENT
(Jatomi @ the Big C)
between:
Johnson Health Tech (Thailand) Co., Ltd. a company incorporated under the laws of Thailand with its registered address at 9th Floor Unit 9B Bangnatower A2/3 Bangna - Trad Rd. Km.6.5 Bangkaew Bangplee Samutprakarn 10540, Thailand (the “Seller”)
and
Jatomi Fitness (Thailand) Co., Ltd (Company No. 0105557189041) a company incorporated under the laws of Thailand a with its registered address at 999/9, Suite 2982 F, Level 29, The Offices at Central World, Rama 1 Road, Pathumwan Sub-District, Pathumwan District, Bangkok (the “Buyer”)
(Collectively, the “Parties”)
RECITALS
The Buyer and Seller intend to conclude the installment sales agreement under which the Seller commits himself to sell to the Buyer fitness equipment and import the equipment on behalf of Buyer and the Buyer commits himself to pay the price payable by way of installments defined in this installment sales agreement.
NOW IT IS HEREBY AGREED AS FOLLOWS:
§ 1 Subject of the Agreement and the price
1. The Seller commits himself to sell to the Buyer fitness equipment (hereinafter also “Equipment”) of the parameters indicated in the Attachment No. 1 to this Agreement and the Buyer commits himself to collect the Equipment and pay the Seller the sale price by installments.
2. The Parties agreed that the aggregated sale price of the Equipment amounts to USD 157,213.00 (say: One Hundred Fifty Seven Thousand Two Hundred and Thirteen American Dollars).
3. The Buyer commits himself for down payment in the amount of USD 35,857.00 (say: Thirty Five Thousand Eight Hundred and Fifty Seven American Dollars) within 30 (thirty) days from the date of placing the complete order by the Buyer but no later than 10 (ten) days before delivery to Thailand, to the following bank account of the Seller: