Lease Agreement of Xuelingxian Crude Medicinal Herbs Standard Planting Base
EXHIBIT
10.5
Lease
Agreement of Xuelingxian Crude Medicinal Herbs
Standard
Planting Base
Contract
No: SCZD 2009-001
Party A: Anhui Xuelingxian
Pharmaceutical Co., Ltd.
Party B: Xxxx Xxxx Village
Committee of Dayang Town of Qiaocheng District in Bozhou City
The two
parties have made the agreement for establishing Xuelingxian Crude Medicinal
Herbs Standard Planting Base in Xxxx Xxxx Village of Dayang Town of Qiaocheng
District in Bozhou; and Party A only signs the Lease Agreement of Xuelingxian Crude
Medicinal Herbs Standard Planting Base with Party B, and it will not sign
the agreement with all the farmers, the detailed content is as
follows:
Responsibilities
and obligations of Party A:
1.
|
Take
charge of the land selection, design of the implemented plan and guidance
of planting technology.
|
2.
|
Investment
scope:
|
(1)
|
Land
lease fees: 13.816 million Yuan for one year, from Jan. 1 of 2009 to Dec.
31 of 2009, covering the land area of 7000 Chinese Mu (about 467
hectare).
|
(2)
|
Provide
the seeds and planting.
|
(3)
|
Management
fees: Including the fees of manual transplant, field management, test
observation, seeds harvesting, base management and relevant
issues.
|
3.
|
Record
management: It shall guarantee that all the test and observation record
are real and reliable.
|
The
unmentioned matters herein will be solved by the negotiation of two
parties.
Party A: Anhui Xuelingxian
Pharmaceutical Co., Ltd.
Signature:
Date:
Party B: Xxxx Xxxx Village
Committee of Dayang Town of Qiaocheng District in Bozhou
Signature:
Date:
Lease
Agreement of Xuelingxian Crude Medicinal Herbs
Standard
Planting Base
Contract
No: SCZD 2010-001
Party A: Anhui Xuelingxian
Pharmaceutical Co., Ltd.
Party B: Xxxx Xxxx Village
Committee of Dayang Town of Qiaocheng District in Bozhou City
The two
parties have made the agreement for establishing Xuelingxian Crude Medicinal
Herbs Standard Planting Base in Xxxx Xxxx Village of Dayang Town of Qiaocheng
District in Bozhou; and Party A only signs the Lease Agreement of Xuelingxian Crude
Medicinal Herbs Standard Planting Base with Party B, and it will not sign
the agreement with all the farmers, the detailed content is as
follows:
Responsibilities
and obligations of Party A:
1.
|
Take
charge of the land selection, design of the implemented plan and guidance
of planting technology.
|
2.
|
Investment
scope:
|
(4)
|
Land
lease fees: 14.9706 million Yuan for one year, from Jan. 1 of 2010 to Dec.
31 of 2010, covering the land area of 8000 Chinese Mu (about 533
hectare).
|
(5)
|
Provide
the seeds and planting.
|
(6)
|
Management
fees: Including the fees of manual transplant, field management, test
observation, seeds harvesting, base management and relevant
issues.
|
3.
|
Record
management: It shall guarantee that all the test and observation record
are real and reliable.
|
The
unmentioned matters herein will be solved by the negotiation of two
parties.
Party A: Anhui Xuelingxian
Pharmaceutical Co., Ltd.
Signature:
Date:
Party B: Xxxx Xxxx Village
Committee of Dayang Town of Qiaocheng District in Bozhou
Signature:
Date:
Supplement
Agreement of Extending the Rent Term and Field
Management
of Anhui Xuelingxian Pharmaceutical Co., Ltd.
Party A: Anhui Xuelingxian
Pharmaceutical Co., Ltd.
Party B: Xxxx Xxxx Village
Committee of Dayang Town of Qiaocheng District in Bozhou City
The two parties have made the
supplementary explanation for the Lease Agreement of Xuelingxian Crude Medicinal
Herbs Standard Planting Base with the Contract No, of SCZD 2010-001 to
guarantee the mutual benefits and develop the scale and standard plant base for
crude drugs:
I.
|
Lease
term and rent
|
1.
|
Extending
of land lease term:
|
The term
is five years from Jan. 1, 2010 to Dec. 31, 2014, with the area of 8000 Chinese
Mu (about 533 hectare); the rent is 1100 Yuan/Chinese Mu in 2010, and the
compensation amount is 771.3 Yuan/Chinese Mu, and it is 8000 Chinese Mu with
14.97 million Yuan/Year totally.
The rent
will be 1100 Yuan/Chinese Mu from 2011 to 2014, and it is 8000 Chinese Mu
with 8.8 million Yuan/Year totally.
2.
|
Rent:
Party A shall pay the rent of the current year before Feb. 30 to Party
B.
|
II.
|
Payment
standard of field management
|
Party B
will conduct the field management for the plant types according to the technical
guidance of Party A, and the remuneration shall be paid in accordance with the
Payment Standard of Field Management of Party B temporarily.
1.
|
The
Payment Standard of Field Management is as follows: 3300 Yuan/Year in
total
|
Soil
preparation: 120 Yuan/Chinese Mu; seeding: 240 Yuan/Chinese Mu; thinning: 200
Yuan/Chinese Mu; weeding 240 Yuan/Chinese Mu/Time (four times one
year)
Topping:
150 Yuan/Chinese Mu; Fertilizeing: 200 Yuan/Chinese Mu; irrigation: 240
Yuan/Chinese Mu; intertilling: 150 Yuan/Chinese Mu (three times one
year)
Using of
pesticides: 160 Yuan/Chinese Mu; harvesting: 580 Yuan/Chinese Mu (including the
transportation fees)
2.
|
Payment
way of filed management
|
It shall
be settled according to the Payment Standard of Field Management and the
actually-operated procedures of each quarter, and paid off at the end of the
last month of each quarter.
III.
|
The
unsettled matters herein shall be solved through negotiation of the two
parties; this Contract is in duplicate, with the two parties holding one
respectively.
|
Party A: Anhui Xuelingxian
Pharmaceutical Co., Ltd.
Signature:
Party B: Xxxx Xxxx Village
Committee of Dayang Town of Qiaocheng District in Bozhou City
Signature:
Date:
June 23, 2010