• The distributor will purchase the goods from Supplier, and sell the goods to Itochu, who will sign sales agreement with the end user in China.  Itochu’s payment to the Distributor will be 30 days after delivery to Itochu.
• Supplier will deliver the goods to delivery point designated by Itochu, who will keep them at Itochu’s VMI warehouse as Itochu’s inventory.

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