English Translation) Purchase and Sales Contract for Industrial and Mineral Products (Stamp for supervision of economy contract of Harbin Administration of Industry and Commerce)
Exhibit
10.27
(English
Translation)
Purchase
and Sales Contract for Industrial and Mineral Products
(Stamp
for supervision of economy contract of Harbin
Administration of Industry and Commerce)
The
Supplier: Beijing Zhongxin Chemical Technology Development Co.
The
Buyer: Harbin Pacific Dragon Fertilizers Co., Ltd
Contract
No.: 070211
Signed
at: Harbin
Date:
Jan
15th
2007
1.
|
Product
Name, Trade Xxxx, Specification, Manufacturer, Quantity, Date
of Delivery
and Quantity
|
Date
of Delivery and Quantity
|
|||||||||||||
Product
name
|
Trade
Xxxx
|
Specification
|
Manufacturer
|
Measurement
Unit
|
Quantity |
Unit
Price
RMB
|
Total
Amount
|
total
|
|||||
Specific
fulvic acid
|
Ton
|
2,000
|
9,100
|
18,200,000
|
|||||||||
Total
in RMB (capitalization) : 18,200,000
|
(Indication:
if blanks are not enough, please add.)
2.
|
Quality
requirement, technology standard, the requirements and terms of quality
responsibility from the supplier:
Products
should meet the national quality
requirement standards
|
3. | Place of delivery and mode: As the buyer required. |
4.
|
Term
of Shipment, port of destination and expense:
The
supplier should deliver the goods to the
buyer’s railway or highway destination, and the buyer take the
responsibility to deliver the goods to the plant.
|
5.
|
Reasonable
loss and calculating method:
|
6.
|
Packing
standard, the supply and reclamation of packing:
|
7.
|
Checking
standard, means, deadline of discrepancy:
In
one month
|
8.
|
Spare
parts, fittings quantity and supply:
|
9.
|
Settlement
and time limit: 2
million pre-payment and left amounts will be paid after the arrival
of
goods. Price should be given discount on the basis of market
price.
|
10.
|
If
assurance is needed, a separate contract should be signed as the
attachment of this contract:
|
11.
|
The
liability for breach of contract:
The
breaching party should bear all
responsibility.
|
12.
|
Settlement
of disputes:
Any
dispute should be settled through
negotiation or arbitration in
Harbin.
|
13.
|
Other
clauses: to be discussed.
|
The
supplier:
Beijing Zhongxin Chemical Technology Development Co.
|
The
buyer: Harbin Pacific Dragon Fertilizers Co., Ltd
|
Comments
of notary:
Handled
by:
Notarizing
Agent(stamp)
Date:
(Indication:
except for government regulation, notarization is of one’s own accord.)
|
Address:
(Corporate Seal)
|
Address:
|
|
Legal
representative:
/s/ Xxx Xxxx
|
Legal
representative:
|
|
Authorized
agent:
|
Authorized
agent:
|
|
Tel:
|
Tel:
|
|
Telegraphic
address:
|
Telegraphic
address:
|
|
Deposit
bank:
|
Deposit
bank:
|
|
Account
No.:
|
Account
No.:
|
|
Postcode:
|
Postcode:
|
Term
of
Validity: Feb 1st,
2007-Jan 31st,
2009
Supervised
by Harbin
Administration of Industry and Commerce
Printed
by Harbin Northeast Printing Office.