SALES CONTRACT
Exhibit
10.3
CONTRACT
NO.: 20080510-1
THE
SELLER: Mengzhou
Tailijie Co., Ltd.
Legal
Address:
THE
BUYER: Niusule
Biotech Corp.
Legal
Address:
|
Name
|
Specification
|
Unit
|
Unit
Price
|
Quantity
|
Amount
|
|
Polydextrose
(Soluble
Dietary Fiber)
|
≥
90%
|
Kg
|
2.60
dollars
|
1000
|
2,600
dollars
|
|
Total
Amount (Say): two thousand and six
hundred
|
|||||
Terms
of
the contract:
| 1. |
Standards
of quality: The seller should subject to the related national food
quality
standards strictly,
and guarantee the products conform to the Quality Inspection Report
provided by the buyer.
|
| 2. |
Delivery
Time: Delivery within 24 hours upon receipt of the
remittance.
|
| 3. |
Delivery
Place:
|
| 4. |
Transportation
Means: Party
B is responsible for the delivery of goods, and bear the freight
of goods
and other fees occur in the
transportation.
|
| 5. |
Packing
Standard: 25 kg/bag, white
paper with plastic film outside and PE bag
inside
|
| 6. |
Consignee:
|
| 7. |
Method
of Payment: Delivery against payment.
|
Inspection
Clause: The buyer shall inspect the goods
according to specifications and qualification standards. The seller
shall be responsible for any products which are inconsistent with qualification
standards,
Buyer
has the right to reject such Products. In case the products being
exposed to moisture or deteriorate in transit, the seller shall be responsible
for quit and change products.
| 8. |
Default:
The
Contract shall be served in copies, each party holding copies.
This
Contract take effect from the date of its execution by parties.
(Facsimile
is acceptable.) Any disputes arising in connection with this Contract
should
be amicably by the Parties through consultation. In case no settlement
can
be reached,
either party can institute legal proceedings in the People’s
courts.
|
THE
SELLER: Mengzhou
Tailijie Co., Ltd.
THE
BUYER: Niusule
Biotech Corp.
