Common use of Trade Term Clause in Contracts

Trade Term. GoerTek agrees to the trade term of: (a) Air 'Free Carrier At'(FCA) Qingdao , as defined by Incoterms 2010, to Plantronics selected logistics provider in Qingdao for air shipment. GoerTek will ship Products by freight collect to the order of Plantronics to the destination specified in Plantronics' purchase order release. (b) Ocean 'Delivered At Terminal' (DAT) Ensenada, Rotterdam or other ports specified by Plantronics , as defined by Incoterms 2010, to via ocean shipment. GoerTek shall pay for freight charges and insurance charges under the term. Insurance coverage is 110% of the value of a shipment. Freight and insurance rate shall be prior agreed by Plantronics. Plantronics shall reimburse GoerTek for the amount of freight charges and insurance charges ('DAT logistics charges') GoerTek paid. If GoerTek ships any Product by a method other than that specified in Plantronics' purchase order release or written instruction, GoerTek will reimburse Plantronics for any increase in the cost of freight over the cost which would have been incurred had GoerTek complied with Plantronics' instructions. Plantronics may make changes in the trade term, shipment method, packing or place of delivery. If Plantronics requests a change that causes an increase or decrease in the cost of or time for delivery, GoerTek will notify Plantronics of the cost or time changes within 3 days from the date of Plantronics' requested change. GoerTek must provide supporting documentation for the cost or time change.

Appears in 1 contract

Sources: Development and Manufacturing Agreement (Plantronics Inc /Ca/)

Trade Term. GoerTek agrees to the trade term of: (a) Air 'Free Carrier At'(FCA) Qingdao At’ to Plantronics’, as defined by Incoterms 20102000, to Plantronics selected logistics provider in Qingdao for air shipment. GoerTek will ship Products by freight collect to the order of Plantronics to the destination specified in Plantronics' purchase order release. (b) Ocean 'Delivered At Terminal' (DAT) Ensenada, Rotterdam or other ports specified by Plantronics Ex Ship to named port of destination’, as defined by Incoterms 20102000, to destination port named by Plantronics via ocean shipment. GoerTek shall pay for freight charges and insurance charges under the term. Insurance coverage is 110% of the value of a shipment. Freight and insurance rate shall be prior agreed by Plantronics. Plantronics shall reimburse GoerTek for the amount of freight charges and insurance charges ('DAT ‘DES logistics charges') GoerTek paid. If GoerTek ships any Product by a method other than that specified in Plantronics' purchase order release or written instruction, GoerTek will reimburse Plantronics for any increase in the cost of freight over the cost which would have been incurred had GoerTek complied with Plantronics' instructions. Plantronics may make changes in the trade term, shipment method, packing or place of delivery. If Plantronics requests a change that causes an increase or decrease in the cost of or time for delivery, GoerTek will notify Plantronics of the cost or time changes within 3 days from the date of Plantronics' requested change. GoerTek must provide supporting documentation for the cost or time change.

Appears in 1 contract

Sources: Development and Manufacturing Agreement (Plantronics Inc /Ca/)