WITNESSETH
WHEREAS, BUYER has been engaged in the business of manufacturing and marketing, among other products, Products for automobiles / motorcycles / power products;
WHEREAS, SELLER has been engaged in the business of manufacturing and marketing, among other products, the Parts (as hereinafter defined);
WHEREAS, SELLER is desirous of selling and BUYER is interested in purchasing the Parts, upon the terms and conditions hereinafter set forth,
NOW, THEREFORE, SELLER and BUYER hereby agree as forth;
Chapter 1. Basic Provisions
Article 1. Basic Principles
The Parties shall implement this GENERAL AGREEMENT in accordance with the principles of mutual equality, the respect of independence, and fidelity and truthfulness.
Article 2. Objective
SELLER shall sell to BUYER the parts (including materials, packaging materials and accessories) that Buyer orders in accordance with this GENERAL AGREEMENT (hereunder referred to as the “Parts”) and BUYER shall buy the Parts from SELLER.