Form of Purchase Agreement (English Summary)
Exhibit 10.12
Form of Purchase Agreement
(English Summary)
Parties to Contract | Shengda Color as Buyer and Jiangsu Xxx & Man Paper Manufacturing Co., Ltd. as Vendor |
Details of Products | Xxxxx paper N140'170g 2,900 per ton and the total amount is 500 tons |
Xxxxx paper N200'250g 2,850 per ton and the total amount is 500 tons | |
Location of Purchase | North of the Beitang River, Xiaoshan Economic and Technology Development Zone, Hangzhou |
Method of payment | Monthly payment at 45 days by Bank Acceptance |
Undertaking | 1. |
The tolerance of delivery is +0.3% |
2. |
The contract will become effective when the two parties sign on it, and it may be cancelled unless it is signed back in 7 days | |
3. |
The price of products will change with market conditions and any change will be approved by the two parties. | |