Sales Contract of Finished Oil
Sales
Contract of Finished Oil
Party
A (Seller): Xi’an Baorun Industrial Development Co., Ltd. Contract
No.: zc20061011
Party
B (Buyer): Xxxxxxxxx
Xxx Xxxxx Petrochemical Group Co. Ltd.
Place:
Xi’an
| 1. |
The
Quality, Supplier, Quantity, Amount and Delivering Time of The Product.
|
|
Product
|
Type
|
Quantity(ton)
|
Price
(Yuan)
|
Total
Amount
|
Delivering
Time
|
|
#
5
Diesel
|
3,000
|
5,230
|
15,690,000
|
||
|
Total
Amount: Fifteen million six hundred and ninety thousand
Yuan
|
|||||
| 2. |
Quality
Requirements
and Technical Standard
|
Quality
requirements: Using the quality test result of the sample product on the arrival
station.
The
quality of the product should reach the national standards.
| 3. |
Delivery
Place
|
Arrival
Station: Dongfeng Station, special rail way of Sinopec Qilu Company Ltd.
| 4. |
Delivery
Method and Cost
|
The
seller should bear all of the expenses before arrival and the buyer should
bear
the delivery expenses after receiving the product but the seller should assume
the return expenses of the self-prepared vehicle.
| 5. |
Acceptance
Criteria
|
Using
the
data offered by the refinery. When the train arrives at the station the seller
should supervise the uploading process.
| 6. |
Payment
Term
|
Payment
upon two invoices (invoices of VAT and transportation fee).
The
buyer
shall pay 80% of the total amount after receiving the product and pay the
balance upon receiving the invoices of VAT and transportation fee accepted
by
the buyer. And the payer of the invoices should be the full name of Xxxxxxxx
Xxxxxxxx Petrochemical Group.
| 7. |
Default
|
The
liability from default and breaching action shall be resolved in compliance
with
Contract Law of the People's Republic of China.
| 8. |
Disputes
|
In
case
of any dispute, the two parties hereto shall negotiate friendly or they may
propose a suit to the local People’s Court
in the
place where the suitor is located.
|
Seller
|
Buyer
|
||
|
Company
Name
|
Xi’an
Baorun Industrial Development Co., Ltd.øGroup÷Co.,
Ltd.
|
Company
Name
|
Xxxxxxxxx
Xxx Xxxxx Petrochemical Group Co. Ltd.
|
|
Address
|
Xxxxxxx
Xxxxxxx Xxxxxx # 0 Xxxxx Xx Xx'xx, Xxxxxxx
|
Address
|
Maqiao
Town Hengtaixian, Xxxx Xxxx, Xxxxxxxx Xxxxxxxx
|
|
Legal
Person
|
(SEAL)
|
Legal
Person
|
(SEAL)
|
|
Authorized
Person
|
Authorized
Person
|
||
|
Zip
Code
|
710043
|
Zip
Code
|
256405
|
|
Fax
|
000-00000000
|
Fax
|
0000-0000000
|
