Individual Farmer Ginseng Growing Contract
Company: Jilin
Yanbian Huaxing Ginseng Company Ltd.
Farmer:
Pan ▇▇▇▇▇ ▇▇
In order
to carry out the company’s mission, promote brand name and market acceptance, as
well as to develop the second environment friendly high-yield ginseng
plantation, support local economic development; the company decided to provide
full support and assistance of its man power, farming supplies and technology to
farmers per local government’s request. The contract will be executed
according to the following terms:
1. Based
on ▇▇▇▇▇▇’▇ terrain, soil condition, Company will provide seed, seedlings based
on the current market price.
2.
Provide all around technology from excavation, seeding, planting, fertilization,
pest control to site management; Company also provides technical training to
Farmer periodically.
3.
Company will arrange ginseng inspections and schedule for harvesting, without
company’s consent, Farmer can not harvest the corps nor alter plantation
area.
4. After
harvesting, Company will weigh and purchase the total ginseng crops. Company
will purchase ginseng with the price $1-3 above current market price for every
kilo, without company’s consent, Farmer can not sell to other
parties.
By: Jilin
Yanbian Huaxing Ginseng Company Ltd. (with seal)
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By:
S/S ▇▇▇ ▇▇▇▇▇ ▇▇
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Date:
March 31, 2005
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