Contract
Exhibit 10.3
Exhibit 1: Details of the Products Pricing Discount
THIS Amendment to the Exhibit 1 of the Distributorship Agreement (the “Amendment”) is made
this 27th day of March, 2009 between Shanghai Kai Hong Technology Co., Ltd. (“DSH”), a corporation
formed under the laws of the People’s Republic of China and Shanghai Keylink Logistic Co., Ltd.
(the “Distributor”), a corporation formed under the laws of the People’s Republic of China. Each
may be referred to as a party (“Party”), or both may be collectively known as parties (“Parties”).
In consideration of the mutual covenants contained herein and for other good and valuable
consideration, the receipt and sufficiency of which is hereby mutually acknowledged, the Parties
hereby agrees to the following terms and conditions:
1. | This Amendment shall wholly replace the original signed Exhibit 1 of the Distributorship
Agreement between both Parties. |
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2. | This Amendment shall be valid for a period of one (1) year retroactively effective from
January 1, 2009 to December 31, 2009 (“Effective
Period”). |
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3. | The content of this Amendment shall be renegotiated every year and shall only be renewed
after being duly executed by the authorized representatives of both
Parties. |
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4. | Products pricing discount shall be
revised and calculated as follows: |
a. | Two point seven percent (2.7%) discount shall be applied to the total transaction
amount of all Products purchased by the Distributor (“General
Discount”). |
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b. | The General Discount shall be the total Products pricing discount that DSH provides to
the Distributor during the Effective Period. |
5. | This Amendment constitutes the entire amendment agreement between the Parties hereto
pertaining to the subject matter hereof, and supersedes all prior agreements, amendments,
understandings, negotiations and discussions, whether oral or written, relating to the subject
matter of this Amendment. No supplement, modification, waiver or termination of this Amendment
shall be valid unless executed by the Party to be bound thereby. No waiver of any of the
provisions of this Amendment shall be deemed or shall constitute a waiver of any other
provisions here of (whether or not similar), nor shall such waiver constitute a continuing
waiver unless otherwise expressly provided. |
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly
authorized representative identified below.
Shanghai Kai Hong Technology Co., Ltd. | Shanghai Keylink Logistic Co., Ltd. | |||||||||
By
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/s/ X.X. Xxx | By | /s/ Jian Ya Xing | |||||||
Authorized Representative | Authorized Representative | |||||||||
Plant Xx. 0, Xxxx 00, XxxXxxxxx Xxxx, | Xxxxx Xx. 0-00, Xxxxx #0 | |||||||||
Xxxxxxxxx Xxxxxx Xxxx, Xxxxxxxx, | Lane 18, SanZhuang Road, | |||||||||
People’s Republic of China | Songjiang Export Zone, Shanghai | |||||||||
People’s Republic of China | ||||||||||
Date: | Date: |
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