Purchase Agreement for Coal Product
Purchase Agreement for Coal Product
| Contract No.:
00004 The agreement is signed at: LaiYeGou Coal Mine Supplier: Inner Mongolia TeHong Coal Group- LaiYeGou Coal Mine Buyer: Inner Mongolia LiTai Coking Co., Ltd. 1) Product, Item No., Type, Quantity, Cost and Time of delivery & Amount |
| Product | Item No. | Type | Unit | Quantity | Unit Price | Total |
Time of delivery &Amount |
| Coal | Mass coal | tons | 70,000 | 138 | 9,660,000 | ||
|
Total Cost in RMB |
| 2) | Quality request, technical standard: Heating Capacity not less than 5800 kcal |
| 3) | Delivery method: standard-5-30cm, supplier should provide the quality of the coal that meet the standard requested, time limit: 1 year |
| 4) | Shipping method and freight: freight forward, delivery of coal will be at LaiYeGou Coal Mine, and the buyer send its truck to transport the coal |
| 5) | Examining method and time limit for objection: solvent base on the report provided by the quality examination department; if the coal does not meet the quality standard, it will be the supplier’s responsibility |
| 6) | Package standard, supply of packaging material, return and related cost: N/A |
| 7) | Deficiency, lost and method of calculation: the supplier would not be responsible for lost |
| 8) | Accessory, supplement and tool supply method: N/A |
| 9) | Payment method and time limit: instalment |
| 10) | Breach of contract: if supplier does not provide quality coal or/and not delivery on time, or id buyer does not pay on time, it should pay extra 1% of total cost as penalty |
| 11) | Guarantee: if guarantee is needed, it should be signed and attached to this agreement |
| 12) | Argument solving method: both parties negotiate |
| 13) | Other terms: if loss to one party is due to the uncontrollable natural disaster, this agreement will be dissolved. |
| 14) | Two copies of this agreement had been made; time limit: one year, effective on March 18, 2006. |
| Confirmation/opinion about the
Supplier ‘s qualification: Process by: Verify department (Stamp) Date: |
Confirmation/opinion about the
Buyer ‘s qualification: Process by: Verify department (Stamp) Date: |
|
| Company name:
Inner Mongolia TeHong Coal Group- LaiYeGou Coal Mine Address: Artificial person: Representative: Ding Wenhua Telephone No.: 0000000 Bank: Account No.: Postal Code: |
Company name:
Inner Mongolia LiTai Coking Co., Ltd. Address: Artificial person: Representative: Xxx Xxxxxxxx Telephone No.:0000000 Bank: Account No.: Postal Code: |
Authentication
opinion : Process by : Authentication department: Date: |
Effective time limit: Jan 17, 2007
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