MEMORANDUM OF UNDERSTANDING
Tagalder (2000) Incorporated ("Tagalder")
At 44 Xxxxxxxxx Xxxx., Bramalea Ontario, Canada L6T 2R3
And
Hunter Farm ("Hunter")
At 0000 Xxxxxxxx Xxx, X., Xxxxxxxx, Xxxxxxx, Xxxxxx
Have reached a memorandum of understanding that Tagalder agrees to purchase and
Hunter aggres to sell 800 emu eggs in the amount of C$72,000 at a price of
C$90.00 per piece FOB from Hunter Farm under the following terms and conditions:
1. The price includes all quarantine cost incurred by the producing farm but
not include the quarantine expenses required from Chinese and or Canadian
government, in which the Chinese government may require sending Chinese officers
to visit the producing farm.
2. The purchaser must arrange their own transportation and insurance for the
transportation of the emu eggs. The sellers will not be responsible for any
damage during the transportation.
3. The shipping schedule is set out as:
Date The Farm Quantity
2001/02 Canada 300
2001/03 Canada 500
Total 800
4. It is agreed that the quantity and shipping schedule can be adjusted
according to the practical situation.
This Memorandum of Understanding is signed in Ontario, Canada on the 27th date,
November 2000.
Seller:
By: /s/ signature unknown
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Hunter Farm
At 5360 Thickson Rod, N., Brooklin, Ontario, Canada
Purchaser:
By: /s/ Xxxx-Xxxx Xxx
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Tagalder (2000) Incorporated
At 00 Xxxxxxxxx Xxxx., Xxxxxxxx Xxxxxxx, Xxxxxx L6T 2R3
