Supply Agreement for Online Bookstore
(Translation)
Party A : Intermost Limited
Party B : Shenzhen Yiwen Book Import and Export Co.
Through friendly consultation, both parties have worked out the following
agreement:
Party A shall set up an on-line bookstore in the internet, selling books to both
domestic and oversees customers.
Party B is a holder of the special Import and Export Permit for Books granted by
the State Government. Party B shall supply books to Party A from its titles
in inventory.
Party B shall provide its latest book catalogue to Party A through e-mail once a
week.
Party A shall promptly transmit the book orders its has got from the on-line
internet bookstore. Party B shall be responsible for getting the books and
delivering the books as ordered in 3 days.
Should Party B be unable to deliver the books ordered by the customers as
scheduled, Party B shall notify Party A promptly and specify the delivery
time.
Based on the actual number of books purchased, Party B shall pay for the books
at a 10% discount on the list price of the books. Payments shall be settled
once a month.
Party A shall pay RMB5000 to Party B in advance as deposit. This deposit shall
be used to settle the amount payable for the books purchased by Party A.
Party B shall be responsible for handling certain matters related to the import
and export of the books ordered (e.g. customs, mailing, etc.)
According to the actual implementation of this Agreement, both parties may
consult with each other to amend certain terms and conditions of this
Agreement, such as discount and payment methods, etc.
The term for the Agreement shall be 3 years, effective from the date of
execution.
Any relevant issues not stipulated in this Agreement shall be resolved by
consultation between the two parties.
This Agreement shall have 4 copies, each party shall keep two copies.
Party A : Intermost Limited Party B : Shanzhen Yiwen Book
Import & Export
Address: Rm. 0000, Xxxxxxx Xxxxx, Xxxxxxx: Xxxxxx Xxxxx, Xxxxx Xxxxx,
Xxxxxxx, Xxxx Xxxx Xxxx Wing, Xincheng Bldg.,
00 Xxxxxxxxxxxx Xxxx,
Xxxxxxxxx Xxxx
Date : March 29, 1999 Date : March 29, 1999
