Hengtaifeng Technology Co., Ltd Product Sales Contract Buyer: Jiangsu Qihan Machine Tool Co., Ltd (“The Buyer” hereinafter) Seller: Shenzhen Hengtaifeng Technology Co., Ltd. (“The Seller” hereinafter) Contract No.: SH2007- Q004 Date: April 16, 2007
Hengtaifeng
Technology Co., Ltd
Product
Sales Contract
Buyer:
Jiangsu Qihan Machine Tool Co., Ltd (“The Buyer”
hereinafter)
Seller:
Shenzhen Hengtaifeng Technology Co., Ltd. (“The Seller”
hereinafter)
Contract
No.: SH2007- Q004
Date:
April 16, 2007
Product
Sales Contract
This
contract is signed by and between the Buyer and the Seller; whereby the buyer
agrees to buy and the seller agrees to sell the under-mentioned devices/goods
subject to the terms and conditions as stipulated hereinafter.
SECTION
1. List of the devices and goods (RMB)
|
No.
|
Name
of Commodity
|
Quantity
|
Unit
price
|
Total
Price
|
|
1
|
CNC
980TD
|
2
|
8,000
|
16,000
|
|
2
|
CNC
980TD allocation DA98A-15/2
|
8
|
21,000
|
168,000
|
|
Total
|
RMB
184,000
|
|||
SECTION
2. Payment and delivery
|
1.
|
Terms
of payment: The buyer shall pay the entire contract price to the
seller
within six months after signed this
contract.
|
|
2.
|
Terms
of delivery: highway transport.
|
|
3.
|
Place
of delivery: Xx.0 Xxxxxxx Xxxx, Xxxxxxxxx Xxxx, Xxxxxxx
Xxxxxxxx.
|
|
4.
|
Consignee:
Ms. Limin
|
SECTION
3. Service terms:
Provided
by the original manufacturer
SECTION
4. Ownership of the goods and risk transfer
|
1.
|
Regardless
where the goods locate, the seller is the unique owner of the goods
before
the buyer pays for all the goods. The seller shall have the rights
to
recover all of the goods delivered to the buyer under the condition
of
impossible implementation of this
contract.
|
|
2.
|
The
risks of the goods shall belong to the seller commencing on the taking
effect of this contract and until prior to delivery of the goods
to the
buyer. After which time, the risks of the goods will automatically
transfer to the buyer following the seller delivers the goods to
appointed
place of buyer stated in this contract, and after that, the seller
has no
any responsibility for the risks of the
goods.
|
SECTION
5. Breach of the Contract
The
two
parties mutually agree that any breach of this Contract by any party may cause
irreparable damage to the other party, and impossible implementation of this
Contract. The defaulting party shall pay for 3‰ of breached part for penalty and
compensate for the losses suffered by damaged party.
SECTION
6. The two parties hereto acknowledge that one party shall inform the other
party to deal with the Contract due to force majeure.
SECTION
7. If any disputes arise out of this contract, the two parties may bring a
suit
to governing People's Court.
SECTION
8. Other terms
|
1.
|
Others
terms that are not included in the contract shall be settled through
negotiation by two parties.
|
|
2.
|
This
Contract is prepared in duplicate which have the same legal force
and the
two parties keep one copy,
respectively
|
|
3.
|
This
contract will take effect after signed and sealed by two
parties.
|
Buyer:
Jiangsu Qihan Machine Tool Co., Ltd
Representative:
Tel:
0000-0000000-0000
Fax:
0000-0000000
Add:
Xx.0
Xxxxxxx Xxxx, Xxxxxxxxx Xxxx, Xxxxxxx Xxxxxxxx
Date
for
signature: April 16, 2007
Seller:
Shenzhen Hengtaifeng Technology Co., Ltd.
Representative:
Tel:
0000-00000000
Fax:
0000-00000000
Add:
Xxxx
000, Xxxxxxxxx Xxxxxxxx X, Xx.0 Xxxxxxxxx Xxxx, Science and Technology Park,
Nanshan District, Shenzhen City
Information
of the Bank:
Account
Name: Shenzhen Hengtaifeng Technology Co., Ltd.
Bank:
the
Bank of China - Shenzhen Hi-tech Zone Branch
Account
Number: 826806682908091001
Date
for
signature: April
16,
2007
