ARTICLE 1. SUBJECT OF THE CONTRACT

• 1.1. The "Seller" offers the Device and Equipment (hereinafter "Goods") to the Buyer according to the order submitted by the buyer.
• «The Buyer» undertakes to accept the goods and pay for them under the conditions stipulated in the Contract.

ARTICLE 2 DELIVERY RULE

• «The seller» presents the buyer a check when handing over the goods.
• After the "Buyer" takes delivery of the goods and signs the bill, the "Seller" is considered to have fulfilled its obligations under the contract.
• The price of the goods is fixed and cannot be subject to any changes.

ARTICLE 3. CALCULATION RULE

• Payment by the "Buyer" based on the price specified in the invoice, the main amount is transferred to the bank account of the "Seller" and the VAT amount is transferred to the VAT deposit account.
• Payment for the purchased goods shall be made either in advance or not later than within 10 working days on the basis of mutual agreement.
• If the dispute related to debts not paid on time is resolved in the courts, a 3% interest fee will be charged for every 30 (thirty) days of overdue debt.

ARTICLE 4. RESPONSIBILITY OF THE PARTIES.

• "If the parties do not fulfill their duties, they are responsible in accordance with the legislation of the Republic of Azerbaijan.
• In the event of a systematic breach by a party of the obligations set out in this Agreement, the other party may raise the issue of termination of the agreement.
• Termination of the contract does not release the parties from liability for unfulfilled obligations

ARTICLE 5. RESOLUTION OF DISPUTES

• The parties shall settle all disputes and disagreements arising from the Agreement through negotiations, if possible.
• If the parties cannot resolve all disputes related to the Agreement by negotiation, disputes shall be settled in the relevant courts of the Republic of Azerbaijan in accordance with the legislation of the Republic of Azerbaijan.

ARTICLE 6. FORCE MAJEURE

• Party confronted with circumstances in which the performance of obligations under a treaty is impossible due to force majeure circumstances (fire, flooding, other natural disasters, blockade, strikes, hostilities, civil conflicts and embargoes)must, within 15 (fifteen) days of the occurrence of these circumstances, be obliged to notify of its termination or termination and the effect of these circumstances on the performance of obligations under the Agreement.
• A Party which does not comply with these obligations is liable for damage caused by failure to notify the other Party.
• If the force majeure lasts more than 1 (one) month, each Party is entitled to terminate the Agreement by notifying the other Party in writing, without compensation being paid.

ARTICLE 7. OTHER TERMS

• This Agreement shall enter into force from the moment of its signature and end after the mutual obligations of the Parties have been fully fulfilled.
• Each of the parties has the right to terminate the Agreement by notifying the other Party for 1 (one) month in writing (signature and stamp of the authorized person).
• Any amendments and additions to the Agreement shall enter into legal force after signature and affixing the seal of the authorized representative of both Parties and shall be an integral part of the Agreement.
• The Parties undertake not to disclose information constituting a commercial secret relating to this Agreement to third parties without the written consent of the other Party and to keep such information secret. The provisions of this paragraph shall remain in force for 1 (one) year after termination
• The contract consists of 3 (three) pages, is written in Azerbaijani and submitted to the Parties.