Purchase and Sell Contract of Vacant Capsule
Exhibit 10.23
Purchase and Sell Contract of Vacant Capsule
1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Quantity
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Specificati-ons
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color
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Print-ed name
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Col-or
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Quanti-ty
(10000 unit)
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Unit
Price
(yuan/1000 unit)
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Total Amount
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Delive-ry Date and Quantit-y
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0#
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Hat:pi-nk
Body: white
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Hat:
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Hat:
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5000
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128
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75800
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Based on the order sheet
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1#
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red
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118
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Total Amount (in words)
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Note: the actual delivered quantity shall not exceed 8±% than the ordered Quantity.
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2 Delivery Place and Means of Transportation: the purchaser’s warehouse, by car or train.
3 The Standard for Check and Accept: The People's Republic of China Pharmacopoeia (2000 version)
4 .Terms of payment and Time: time: 30days after receiving the goods；
. Terms of payment: bank remittance
5 Objection Period: 14 days after receiving the goods.
6 The Liability of Breach the Agreement:
(1) In the case of late delivery, the rate of penalty is charged at 0.004% for every days；If the supplier refuses to delivery the goods, the rate of penalty is charged at 10% of the remaining goods.
(2) In case of late payment, the rate of penalty is charged at 0.004% for every days; if the supplier cancel the effective order, the rate of penalty is charged at 10% of the canceled goods.
(3) The buyer must buy the produced products when he terminates the order.
7 Force Majeure: In the case of counter any Force Majeure by any party who could free from economic penalty with providing convincing evidence.
8 Settlement of Disputes: any disputes arising from this contract could be settle down through negotiation, if not, could submit to the local court.
9 Other Provision: both parities must abide by the contract; negotiation is preferred to deal with the disputes.
Jul 1, 2008 is the effective date.
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Supplier Name:
Agent signature
Address
Telephone:
Zip code
Bank:
Account number
Tax number
Fax :
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Buyer Name:
Agent signature
Address
Telephone:
Zip code
Bank:
Account number
Tax number
Fax :
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Validity: from Dec. 1, 2009 to May. 31, 2010
Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd
Address: 0 Xxxxxxx Xxxx Xxxxxxxx Xxxxxxxxxxxxx Xxxx
Zip Code: 712100
Party B：Shanxi Guangsheng capsule Co., Ltd
Address: Room 000 Xxxx 0 Xxxxxxxx 00 Xingsheng Community Xxxxxx Xxxxxx.
