Clean Coal Supply Contract Seller: Shanxi Puda Resources Co., Ltd. Contract # : 2005-08-17 Buyer: Tangshan Steel & Iron Group Co., Ltd. City of Contracting: Tangshan
Seller: |
Shanxi Puda Resources Co., Ltd. | Contract # : | 2005-08-17 | ||||||||
Buyer: |
Tangshan Steel & Iron Group Co., Ltd. | City of Contracting: | Tangshan | ||||||||
|
1 |
Product name, quantity, dollar amount, delivery dates and quantity | Date of Contracting: | 2005-08-23 | ||||||||
Product Name |
Characteristics |
Unit |
Quantity |
Unit Price (Rmb) |
Total Dollar Amount (Rmb) | ||||||
Ad (%) |
Su. d (%) |
Gr |
Mad (%) | ||||||||
Clean Coal |
9.5 |
0.7 |
85 |
0.9 |
Tonne |
300,000 |
630 |
189,000,000 | |||
2 |
Terms and time frame: 25,000 tonnes/month, 300,000 tonnes/year before 10/6/2006 | ||||||||||
3 |
Venue of delivery: Puda coal washing plants | ||||||||||
4 |
Transportation means and costs assumption: Buyer' responsibility (railway or roadway) | ||||||||||
5 |
Calculation for reasonable loss during transportation: 0.1 loss in transportation considered by Buyer upon payment. | ||||||||||
6 |
Packaging standard: Xxx Xxxx (State Standard) 2003-480 | ||||||||||
7 |
Goods verification and statute of limitation of complaint: within a month | ||||||||||
8 |
Payment means and limits: pay by the 30th day of each month upon receiving VAT-related invoices | ||||||||||
9 |
If guarantee is needed, a separate guarantee contract can be entered and attached. | ||||||||||
10 |
Damage: 2% of the monthly trading dollar amount will be retained by the Buyer if supply does not meet contracted requirements. | ||||||||||
11 |
Means to resolve disputes: local People's Court | ||||||||||
12 |
Other agreements: supplemented when agreed upon. | ||||||||||
Seller |
|
|
|
|
Buyer |
|
|
|
|
| |
|
|
|
| ||||||||
Name: |
Shanxi Puda Resources Co., Ltd. | Name: |
Tangshan Steel & Iron Group Co., Ltd. |
| |||||||
Address: |
#000, Xxxxx Xxxxxx, Xxxxxxx City |
| Address: |
#0, Xxxxxx Xxxx |
| ||||||
Legal Rep.: |
| Legal Rep.: |
| ||||||||
Agent: |
| Agent: |
| ||||||||
Tel: |
0000-0000000 |
| Tel: |
| |||||||
Tele: |
| Tele: |
| ||||||||
Bank name: |
| Bank name: |
| ||||||||
Account #: |
| Account #: |
| ||||||||
Postal Code: |
030006 | Postal Code: | |||||||||
Signature: |
Xxxx Xxxx | Signature: |
|||||||||
Chop: |
Contract Seal of | Chop: |
Xxxxx Xxxx (not fully recognizable) | ||||||||
| Shanxi Puda Resources Co., Ltd. | Contract Seal of | ||||||||||
Tangshan Steel & Iron Group Co., Ltd. | |||||||||||
| Valid from Aug 23, 2005 to Oct 6, 2006. | |||||||||||
