Supply contract
Exhibit 10.21
Party A (buyer): Yangling Dongke Madisen Pharmaceutical co.,Ltd
Party B (supplier): Xi’an Yinhai Industrial Fabrics co.,Ltd
Sign Place: Shaanxi Yangling
Sign Date: Sep 1, 2009
Based on the mutual trust and understanding, two parties reach the following agreements:
1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Remark
Products Name
|
Unit
|
Quantity
|
Unit price
|
Amount
|
Delivery Date and Remark
|
Nature color
cloth
|
meter
|
3.45yuan/meter
|
Based on the order sheet
|
||
Bleached cloth
|
meter
|
3.3 yuan/meter
|
|||
Elastic cloth
|
meter
|
5.3 yuan/meter
|
|||
Total Amount (in words):
|
2 Quality and Technical Standard: QBYY006-2002 Standards of supplier and the buyer’s insider control standards.
3 Place of Delivery: Xi’an.
4 Means of Transportation and Expenses and Place of Delivery: the buyer deliveries the good but PartyB pay the expenses.
5 Objection Period: within 10days after receiving the goods.
6 Terms of Payment: bank remittance; within 7days after receiving the goods.
7 Other Provision: The buyer will deduct quality xxxxxxx money 10000RMB till the termination of the contract. This contract will keep in force within one year, and the price will flow with the market.
8 Remarks: Supplier issues 17% VAT invoice; the fax file has the same effect.
Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd
Address: 8 Xinqiao Road Yangling Demonstration Zone
Zip Code: 712100
Party B:Xi’an Yinhai Industrial Fabrics co.,Ltd
Address: Xxxx 00 Xxxx 0 Xxxxxxxx 00 Xxxxxxxx Xxxxxxxx 623 on diangzi 2 Road Xi'an Electronic City