Sales Contract of Battery
Sales
Contract of Battery
Supplier
:
Changsheng
Chisen Electric Co., Ltd. (Party A)
Buyer
:
Xx
Xxxxxxxx, Yancheng
Office (Party B)
Contract
No.:2007-11-10
Time
of
signing: November 10th, 2007
The
parties have agreed and entered into this contract after friendly consultations
in accordance with the Contract Law of the Peoples Republic of China and related
regulations.
Article
1
Validity Period of the Contract: From November 10th, 2007 to December
31st,
2008
Article
2
Purchase of Product
The
Buyer
shall deliver the purchase order in writing to the Supplier describing the
product name, specification, quantity, packaging, and delivery time. The
purchase order shall only be valid after being sealed or signed and can be
delivered in facsimile or correspondence. The Supplier shall deliver the goods
within 7 days after it receives and confirms the order. The annexes to this
Contract include the purchase order and the delivery bill with the signature
of
the buyer.
Article
3
Delivery
The
Supplier shall be responsible for the delivery, with the transportation expense
included in the price.
Article
4
Quality Requirement
The
quality of the products provided by the Supplier shall meet the requirement
of
industrial standard JB/T10262-2001.
Article
5
Inspection Method
The
Buyer
shall inspect the products in accordance with the industrial standard and the
purchase order on the date of receipt, and sign and seal on the delivery
bill.
Article
6
Payment
1.
Delivery
against payment
2.
The
Buyer shall transfer the payment to the designated account of the Supplier
and
cannot transfer to other account or make the payment in cash without consent
from the Supplier. Payment in cash under special circumstance shall be made
with
the Supplier’s authorization; otherwise, the Buyer shall bear the liability.
Article
7
Regional Sales Target
| 1. |
Sales
domain: Yancheng
|
| 2. |
Sales
target for the first three months
|
|
Month
|
November
|
December
|
January
|
|||
|
Sale
|
800,000
|
1000,000
|
1200,000
|
| 3. |
The
trial period is the first three months after the Contract is conducted.
Where Party B can not complete the targets for the first three months
or
the minimal sales volume, Party A is entitled to cancel Party B’s right of
general dealer.
|
| 4. |
Half
year after the Contract is conducted, Party A is entitled to make
adjustment to the sales volume in accordance with the market and
discuss
new sales target with Party B.
|
| 5. |
Others
|
a
If
Party B completes the month target, Party A shall provide to Party B 2.5%
commission for advertising expense each month
b
If the
Party B’s payment to Party A exceeds 1 million yuan, Party A shall offer Party B
5000 yuan as labor fee.
Article
8
After-sales Service
Service
and test standards are provided in Party A’s Quality & Technology Agreement.
Under the principle of proximity, local office of Party A is responsible for
the
after-sales service of the products distributed by Party B (battery test,
judgment, change or return) and the training for Party B’s maintenance staff.
Both parties shall build together the brand image of Chisen
battery.
Article
9
Breach Liability
The
Party
in breach shall be liable for the breach in accordance with the Contract
Law.
Article
10 Settlement of Dispute
| 1. |
Any
dispute arising during the execution of this Contract shall be settled
through negotiation. If no settlement is reached, the dispute shall
be
submitted to People’s Court
where the Supplier locates.
|
| 2. |
This
Contract comes into effect after being signed /sealed by both parties.
During the execution of this Contract, neither party may change or
cancel
this Contract.
|
| 3. |
Any
other matters unspecified in this Contract could be solved by signing
a
supplementary agreement. The supplementary agreement and this contract
are
equally valid
|
Article
11 Others
| 1. |
The
batteries that Party A sells to Party B are goods with strict guarantee
period and shall be assembled and sold
timely
|
| 2. |
Party
B ensures that it sells the Products provided by Party A at price
not
lower than the manufacturer's price within its domain.
|
| 3. |
This
Contract shall enter into effect after being signed
/sealed by both parties. During the execution of this Contract, neither
party may change the term of the Contract. The Contract is made in
duplicate, with each party holding
one.
|
| 4. |
The
price of this Contract may be adjusted with the market. Variation
and
shall be set after confirmed by both
Parties.
|
| 5. |
The
product manual shall be provided to users. Installation, use or
maintenance shall strictly comply with the product manual.
|
| 6. |
Any
unsettled case shall be solved through
negotiation..
|
Party
A:
Changxing Chisen Electric Co., Ltd.(seal)
/s/
Authorized Representative
Party
B:
Hu Qinzhong /s/
Authorized Representative
November
10th, 2007
