English Translation) SHANDONG GREEN FOODSTUFF CO.,LTD. Sales Contract
Exhibit
10.12
(English
Translation)
SHANDONG
GREEN FOODSTUFF CO.,LTD.
Sales
Contract
Contract
No: SHINSEI-5
Date:
SEP
5,
2006
The
Seller: SHINSEI FOODS CO., LTD.
The
Seller and Buyer have agreed to close the following transactions according
to
the terms and conditions stipulated as below:
|
1
Commodity description
|
2
Packing
|
3Quantity
|
4
Unit Price
|
5
Amount
|
||||
|
PEELED
CHESTNUTS
PRODUCTS
|
18L
|
70000.00CAN
|
FOB
|
USD
3520000.00
|
||||
|
TOTAL
AMOUNT IN WORD: U.S.DOLLARS
THIREE MILLON FIVE HUNDRED TWENTY THOUSAND
ONLY.
|
||||||||
6.
Time
of Delivery: NOV
30,
2006
7.
Port
of Loading: QINGDAO
PORT
8.
Port
of Destination: JAPAN
PORT
9.
Shipping marks: N/M
10.
Terms
of Payment: L/C
11.
Insurance: to be effected by
BUYER
.
12.
5
%
more or
less in quantity and amount is allowed.
13.
Quality/quantity claims: if any, quality claims should be sent to the Seller
in
written form during next 14days after discharging of merchandise; quantity
claims should be sent to the Seller in written form during next 3 days after
discharging of merchandise.
15.
Responsibilities of the parties: In case of either party’s refusal of
performance of the present contract, it pays the other party the penalty of
25%
of the amount of the covered goods and restitutes the relative losses in spite
of the penalty.
16.
Force
Majeure: The Seller shall not be held reliable for failure or delay in delivery
of the covered cargo or a portion under the present contract in consequence
of
any force majeure incidents.
17.
Arbitration: All dispute, if any, arising form or in connection with the
performance of the contract shall be settled through friendly
discussion/negotiation by both parties. otherwise, to be presented to the China
Relevant Authorities for arbitration, and the decision is the final for both
parties.
18.
Other: As per the Popular Practice and Uniforms of the International
Trade.
The
buyer: Shinsei Foods Co., Ltd.
President:
/s/ Xxxxxxxxx Xxxxxxx
The
seller: Shandong Green Foodstuff Co., Ltd.
/s/
Chen
Si
