Supplementary Agreement on Imported Material for Processing
EXHIBIT
4.19
Party
A:
Shenzhen Long Gong City Ping Hu Golden Bright Factory
Party
B:
Golden Bright Plastic Manufacturing Co. Ltd.
Business
Unit: Shenzhen Long Gong City Foreign Economic Services Company
The
original agreement is expired on 20 February, 2009. Due to successful mutual
cooperation and the expansion on production capacity, Party A and Party B agree
to extend the agreement by ten years, i.e. the new expiry date is 20 February,
2019. Below are the supplementary clauses:
a. |
Fixed
Processing Fee is adjusted to USD1.66 per square meter
monthly.
|
b. |
Local
Labour Working Fee is adjusted to USD83.33 per head
monthly.
|
c. |
Due
to Inflation, Fixed Processing Fee and Local Labour Working Fee will
be
adjusted in every two years with mutual
agreement.
|
All
other
clauses remain unchanged.
This
Agreement has 6 original copies and the agreement must be signed and stamped
by
all parties and need the approval by the related authority in order to come
into
effective.
Party
A:
Shenzhen Long Gong City Ping Hu Golden Bright Factory
Legal
Representative (signature) :
Address
:
Telephone
:
Party
B:
Golden Bright Plastic Manufacturing Co. Ltd.
Legal
Representative (signature) :
Address
:
Telephone
:
Business
Unit: Shenzhen Long Gong City Foreign Economic Services Company
Person-in-charge
(signature) :
Address
:
Telephone
:
(all
Parties signed and stamped)
Date:
28
February, 2008