Agriculture Processing Partnership Agreement with Wukeshu Grain Depot
Party A: Songyuan City Ermapao Green Rice Limited.
Party B: Chenlai District Wukeshu Grain Depot.
A is not able to meet market demand for rice because of its limited
processing facilities, therefore, A has engaged in an agreement with B to
complete the following tasks.
Processing quantity and Production July for 2007 to July 2008
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Product Name Package Type Processed Grains (Tons) Rice Production (Tons)
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Green Rice 25KG/pack 30,000 21,000
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Green Rice 10KG/pack 20,000 14,000
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Green Rice 5KG/pack 10,000 7,000
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Total 60,000 42,000
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The numbers above are for the year beginning July for 2007 to July 2008, the
annual amount of processed grains and rice production will increase by 10% each
year of the previous year until contract expires.
1. B will pay A for processing fess according to processed grains.
2. Length of Contract: July 10th 2007 to July 9th 2010.
3. Place of transaction: Wukeshu Grain Depot.
4. B has agreed to provide processing services solely for A.
5. Product quality and packaging: B's processing of grains will have to
meet National Quality Standard GB 1354-86. A will be proving B will
grains to process and packages for packing, B will be responsible
for product packaging.
6. Breech of contract:
a. If B is unable to process the required number of tons of
grains according to the agreement, B will have to compensate A
an amount of 1000 Renminbi for each ton. The required quantity
each year is stated in the contract.
b. If B is unable to provide rice production output that meets
the requirements stated in this contract, B will have to
compensate A for the differences.
c. If B is unable to process rice grains at National Quality
Standards, B will be responsible for any losses.
d. If A is unable to provide B with the stated amount of grains
for processing, A will have to compensate B at 1000 Renminbi
for each ton of grain.
7. If any conflict occurs, A and B will initially engage in a friendly
meeting to resolve any disagreements, If an agreement is not
reached, the matter will be handed over to the local court where the
agreement is signed.
8. There will be three copies of this agreement, A and B will each have
a copy, the Agricultural Development Bank will also have a copy of
this agreement. This agreement will be effective after signatures
and stamps from both parties.
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A: B:
Name: Songyuan City Ermapao Green Name: Chenlai District Wukeshu
Rice Limited Grain Depot
Representative: Xxxxxx Xxxx Representative: Xxxxxxxx Xx
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