EXHIBIT 10.12
Lease Agreement
Party A: Qufu ShengDa Industry Co., Ltd
Party B: Qufu Natural Green Engineering Co., Ltd (Sugar)
This lease agreement is made by and between Shandong Shengwang Pharmaceutical
Corporation (hereinafter referred as to "party A") and Qufu Natural Green
Engineering Co., Ltd (hereinafter referred as to "party B").
14. The building and assorted installation under this agreement is located
at Qufu ShengDa Industry Co., Ltd;
15. Terms: from April 1st, 2004 to April 1st, 2014;
16. Rent and Payments: Annual rent is RMB 30,000 per year for the first
three years; Annual rent is RMB 50,000 per year since forth year and
after five years; Party B should pay the annual rent and all utilities
on time;
17. Reconstruction will be conducted with Party A's permission at Party
B's expense;
18. Party B should take strict enterprise management regulations to
prevent any event not good for production happening;
19. Party A and Party B will negotiate for new agreement at expiration of
this agreement.
Party A:
Party B:
Date: April 1st, 2004
