Stabilization Processing Agreement
Exhibit
4.12
ASMAS-[____]-[_]
Party A:
Shanghai Zhaoyang New Metal Material Co., Ltd.
Party
B: Ossen Innovation Materials Co., Ltd.
In view
of Party A authorizing Party B to carry out [______] ton
stabilization processing, Party A and Party B hereby agree as below through
friendly negotiations:
1.
|
Party
A provides [______] and
delivers the same to the production factory of Party
B.
|
2.
|
Party
B completes the stabilization processing within [____] days
after receiving the raw materials provided by Party
A.
|
3.
|
Party
B is responsible for the quality of the products in the stabilization
processing. In case of any problem with respect to stabilization quality,
Party B assumes all the liabilities so
caused.
|
4.
|
Party
B keeps the products processed safety for Party A and Party A takes
delivery at the factory of Party B by
itself.
|
5.
|
Party
B issues the value-added tax invoice for Party A at the time of taking
delivery. The processing fee is [______],
which shall be settled in the next
month.
|
6.
|
For
the purpose of maintaining the interests of Party A and Party B, the
parties hereby reach the confidentiality agreement as
below:
|
1) the
parties can not disclose or promote the cooperation reached herein
publicly;
2) Party
A must not disclose the technology of Party B to any third party.
7.
|
The
agreement is made in two counterparts. Each party holds one counterpart.
Matters not mentioned herein must be settled by the parties through
negotiations. The fax copy of the agreement is
valid.
|
Party A:
Shanghai Zhaoyang New Metal Material Co., Ltd. (seal)
Party B:
Ossen Innovation Materials Co., Ltd. (seal)
Dated: [______]