Exhibit 10.37
SALES CONTRACT OF INDUSTRIAL PRODUCTS
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NO.:
SIGNED AT: Tai'an
DATE: August 8, 2005
This contract is made and entered into by and between Shandong Haize
Nanomaterials Co., Ltd (hereinafter referred to as the Seller) and Xxxxxxxx Xxxx
Rubber Products Co., Ltd (hereinafter referred to as the Buyer); whereby the
Seller agree to sell and the Buyer agree to buy the commodity mentioned in this
contract subject to the terms and conditions stipulated below:
Article 1: Object, Quantity, Price and Date of Delivery
NAME OF COMMODITY: Nanometre Calcium Carbonate
Trademark: Sheng Ke
Specification: 602
Manufacturer: Shandong Haize Nanomaterials
UNIT: ton
QUANTITY: 2,640
UNIT PRICE: RMB 3,950.00 yuan
TOTAL AMOUNT: RMB 10,428,000.00 (ten million, four hundred and twenty-eight
thousand) yuan
DATE OF DELIVERY: From August 2005 to August 2006, 220 tons each month
Article 2: QUALITY STANDARD
Be subject to the Q/VLT 050-2000 Enterprise Standard.
Article 3: PACKING STANDARD AND THE PROVISION AND RECOVERY OF PACKINGS: Outer
packed with paper bag and inner packed with plastic bag.
Article 4: STANDARD FOR REASONABLE WEAR AND TEAR AND COMPUTING MODE: The
quantity shall be based on the quantity accepted and put in the storage by the
Buyer.
Article 5: MODE OF TRANSPORAT AND DESTINATION AND COST ALLOCATION: By road; the
Seller shall pay the cost.
Article 6: STANDARD, METHOD, and PLACE AND TIME LIMIT OF INSPECTION: Be subject
to enterprise standards.
Article 7: METHOD, TIME AND PLACE OF PAYMENT: By bank draft.
Article 8: TERMINATION OF THIS CONTRACT: In case of being unable to perform this
Contract under special circumstances.
Article 9: METHOD OF SETTLING THE DISPUTE OVER THE CONTRACT:
IN THE PERFORMING OF THIS CONTRACT, IF ANY DISPUTE ARISES, THE TWO PARTIES SHALL
SETTLE IT THROUGH FRIENDLY DISCUSSIONS; THE DISPUTE CAN ALSO BE MEDIATED BY THE
LOCAL INDUSTRIAL AND COMMERICAL ADMINISTRATION; IF NO SETTLEMENT COMES FROM THE
DISCUSSIONS OR MEDIATATIONS, THE DISPUTE SHALL BE SETTLED BY LAWSUITS THROUGH
THE PEOPLE'S COURT.
Article 10: THIS CONTRACT SHALL BECOME EFFECTIVE after having been officially
signed by the two parities.
Article 11: MISCELLANEOUS: The contract period is one full year, starting from
August, 2005 and ending in August, 2006.
THE SELLER: THE BUYER:
Shandong Haize Nanomaterials Co., Xxxxxxxx Xxxx Rubber Products
Ltd Co.,Ltd
/s/ Ma Zhaowei /s/ Xx Xxxxxxx
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AUTHORISED SIGNATURE AUTHORISED SIGNATURE
