Q2- 2008- COMMERCIAL TRANSACTIONS

SALE AGREEMENT

This agreement is made on 1^st June 2011. It is made between Fridah Oliech (seller) of ID number 999999 P.O BOX 224 00100 Nairobi and Joy Ndunda (buyer) of ID number 888888 P.O BOX 344 00100 Nairobi.

Whereas the parties agree;

1.      That the seller shall deliver 2 horse carriages made of specific and unique rare materials to the buyer on 1^st October 2011

2.      That the buyer shall pay 5 million for each of the carriages delivered

3.      The delivery of the carriages shall be at the buyers business premise

4.      The terms as to delivery date and nature of carriages are conditions

5.      If a condition is breached the parties are free to treat the contract as repudiated

6.      If a dispute should arise it should first be directed to arbitration as per the Arbitration Act

7.      This contract is governed by the Sale of Goods Act

8.      Time is of the essence

9.      Execution clause………………………………………