Supply contract
Exhibit 10.20
Party A (buyer): Yangling Dongke Madisen Pharmaceutical co.,Ltd
Party B (supplier): Shaanxi Yungui Subsidiary Foodstuff Corporation Ltd
Sign Place: Shaanxi Yangling
Sign Date: Nov 1, 2009
Based on the mutual trust and understanding, two parties reach the following agreements:
1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Remark
Name
|
Specification
|
Unit
|
Quantities
|
Unit price
|
Account
|
Remark
|
Guangxi caster sugar
|
50kg/bag
|
kg
|
4.5
|
Quantities is decided by the order
|
||
Total amount in words:
|
2 Quality and Technical Standard: state standards or company standards
3 Means of Transportation and Expenses and Place of Delivery: PartyB the deliveries the goods to the designated place, and cover the expenses.
4 The Standard for Check and Accept and Objection Period: according the industry standards, any quality problem could inform ParyB in writing 7days ahead.
5 Terms of Payment: pay on delivery
6 This contract is made in two copies and becomes valid after signature, two copies to be each party in witness thereof. The fax document also has the same effect. Copies of manufacture qualification certification of both parties are attached.
7 Settlement of Disputes: through negotiation or submitted to the local court.
8 Party B issues 17% VAT invoice.
Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd
Address: 8 Xinqiao Road Yangling Demonstration Zone
Zip Code: 712100
PartyB:Shaanxi Yungui sugar and wine, Non-staple Food Co., Ltd.
Address: Xxxx 000 Xxxx 0 Jingdiansiji Garden on Dianzizheng street Xi’an. Shaanxi