Cork Floor Production Cooperation Agreement
EXHIBIT
10.11
Party A: Xi’an Hanxin Science and Technology
Xx.Xxx
Party B: Sichuan Hanxin Cork Products Company,
Ltd.
To
utilize the raw materials resource advantage of party B and the production and
sales advantages of party A, the two parties have reached the following
agreements through negotiation:
0.Xxxxx A
shall provide a set of production equipments, including UV painting production
facilities, matchers, xxxxx, etc., and related guidance of production
technologies and procedures, for cooperative production.
2. Party
B shall provide the workshop and supplementary equipments and produce cork
floors that meet the demands of party A according to quality standards and
specifications provided by party A.
3. Party
A shall pay party B the raw materials costs in advance according to the amount
of the orders from party A. After receiving the payment of raw materials, party
B shall arrange for production immediately and shall guarantee for the quality
of and timely delivery of finished products.
4. Party
A shall be in charge of the sales of all the products. Party B shall not sell
any of the products without the consent from party A.
5. After
the completion of the sales of one shipment of goods, party A shall pay party B
the payment of the goods and the depositary payment for the next shipment of
goods, so that party B can arrange for the production of the next set of goods
in time.
6. This
agreement has two duplicates, each party shall hold one copy.
7. This
agreement shall become effective after signing/sealing.
Party A:
Xi’an Hanxin Science and Technology Xx.Xxx
Sign:
Chen Xxxx Xxxxx
Party B:
Sichuan Hanxin Cork Products Company, Ltd.
Sign: Li
Hua Dong
Oct.
15th,
2009
