Supplementary Agreement to The House Property Transfer Contract Dated January 15, 2007
The
House Property Transfer Contract
Dated
January 15, 2007
Party A:
Tianjin Mengyang Biotechnology Co., Ltd.
Business
License No.: 120223000009884
Address:
Jinhai Road, Jinghai Economic Xxxxxxxxxxx Xxxx,
Xxxxxxx 000000
Tel:
000-00000000
Party B:
Tianjin Yayi Industrial Co., Ltd.
Business
License No.: 120193000003231
Address:
Xxxx X, 0xx xxxxx,
X0 Xxxxxxxx, Xxxxxx Xxxxxxxxxx Xxxx, Xxxxxxx
Xxxxxxxxxx
Xxxx Xxxx, Xxxxxxx 000000
Tel:000-00000000
Since
party A and B had signed the Plant Transfer Contract on January 15, 2007, both
parties have negotiated and achieved the following agreement on the above
mentioned Plant Transfer Contract on the basis of the relevant laws and
regulations of the People’s Republic of China:
A.
Time
Limit for Transferring the House Property
Since the
construction of four-stories office building was stopped during the Beijing
Olympic Games under the requirement of the local government of Tianjin, and
considering that the winter season is drawing near right after the end of the
Olympic Games, party A and B have negotiated and agreed that the time limit for
transferring the house property should be extended from September 30, 2008 to
May 31, 2009. The related time limit will be subject to this Supplementary
Agreement.
B.
Responsibilities
for Breaching
Both
party A and B regard the forces which had led to the delay of the above
mentioned time limit as irresistible forces. Therefore, neither party would
request the other to undertake the responsibilities for breaching stated in the
House Property Transfer Contract.
C. Other
clauses remain the same as the above mentioned House Property Transfer
Contract.
The
agreement should be in duplicate, with each of party A and B holding one
original copy.
The
agreement is valid after both parties have stamped or signed on it。
Party
A (stamp): _________________
|
Party
B (stamp): __________________
|
Signature:
_______________
|
Signature:
______________
|
Date:
October 12, 2008
|
Date:
October 12, 2008
|