Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd. Product Sales Contract
Exhibit 10.5
Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd.
Contract No.:
Date of Signing:
Seller: Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd.
Buyer:
Based on mutual consultations, the Parties have agreed on the following:
1. Order List
Note: The buyer shall make the payment according to the products actually delivered.
2. Quality Requirement and Period for Objection: the quality requirement is subject to the sample provided by the Seller. If the Buyer has objection to the quality of the product, the Buyer shall notify the Seller within 7 days after receipt of the product. The Seller shall not bear any liability if the Buyer does not notify the objection within 7 days.
3. Time, Place and Method of Delivery: deliver the product in batches according to the Buyer’s notifications within one(1) year, to the Buyer’s warehouse.
4. Method and Cost of Transportation: the Seller arranges road transportation on behalf of the Buyer. The Buyer shall bear all transportation cost.
5. Method and Schedule of Payment: the Seller shall make the payment within 60 days after the Seller accepts each batch of product without any pre-condition.
6. Performance Place of the Contract: the Seller’s location
7. Breach of Contract: if the Buyer fails to make the payment on time, the Buyer shall bear the liability to the Seller according to relevant laws.
8. Dispute Settlement: in the event there is any dispute relating to this Agreement, the Parties may settle it by consultations. If fails, any of the Parties may file a law suit with the people’s court.
9. There are two counterparts of this Agreement. Each of the Parties holds one. This Agreement shall take effect upon execution.
10. Particular Provision: if the Buyer’s sales of product hereunder exceed RMB8 million within one (1) year, the Seller shall award the Buyer 4% of the Buyer’s total yearly sales, in cash or by writing-down the same amount from the accounting receivable at the end of the year.
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Seller
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Buyer
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Company Name: Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd.
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Company Name:
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Adress:
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Adress:
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Legal Representative:
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Legal Representative:
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Agent:
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Agent:
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Tel:
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Tel:
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Bank Name:
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Bank Name:
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Bank Account:
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Bank Account:
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Post Code:
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