Exhibit 10(3)
AGENCY AGREEMENT
1. Yangzhou Tongyun Container Company Ltd. ("Party A") hereby authorizes Jiangsu
Tongyun Group Trading Company ("Party B") to, exclusively and with full power,
manage the sale and design of Party A's products, and the supply of its raw
materials.
2. Party A shall remit to Party B an agency fee in an amount equal to Party B's
anticipated expenses to be incurred in its performance of the services described
in Section 1. Prior to the beginning of each calendar quarter, Party A and Party
B shall agree on the amount of the agency fee for such quarter, expressed as a
percentage of Party A's total sales. The agency fee shall be paid to Party B
within 30 days following receipt by Party A of the purchase price for its
products.
3. This Agreement shall be effective on the date of signing, and may be
terminated by either Party upon 90 days notice.
4. Any amendment to this Agreement shall not be effective unless agreed to in
writing by both Parties.
Party A: Party B:
Yangzhou Tongyun Container Jiangsu Tongyun Group
Company Ltd. Trading Company
By______________________ By_____________________
Name: Dong Xiaojun Name: Li Haixing
Title: General Manager Title: General Manager
April 10, 1996 April 10, 1996
Exhibit 10(4)
AGENCY AGREEMENT
1. Yangzhou Tongsheng Container Co. Ltd. ("Party A") hereby authorizes Jiangsu
Tongyun Group Trading Company ("Party B") to, exclusively and with full power,
manage the sale and design of Party A's products, and the supply of its raw
materials.
2. Party A shall remit to Party B an agency fee in an amount equal to Party B's
anticipated expenses to be incurred in its performance of the services described
in Section 1. Prior to the beginning of each calendar quarter, Party A and Party
B shall agree on the amount of the agency fee for such quarter, expressed as a
percentage of Party A's total sales. The agency fee shall be paid to Party B
within 30 days following receipt by Party A of the purchase price for its
products.
3. This Agreement shall be effective on the date of signing, and may be
terminated by either Party upon 90 days notice.
4. Any amendment to this Agreement shall not be effective unless agreed to in
writing by both Parties.
Party A: Party B:
Yangzhou Tongsheng Jiangsu Tongyun Group
Container Co. Ltd. Trading Company
By______________________ By_____________________
Name: Dong Xiaojun Name: Li Haixing
Title: General Manager Title: General Manager
June 10, 1996 June 10, 1996
