English Translation) Supplier (Purchase and Sales) Contract for Industrial and Mineral Products (Stamp for supervision of economy contract of Harbin Administration of Industry and Commerce)
Exhibit
10.26
(English
Translation)
(Stamp
for supervision of economy contract of Harbin
Administration of Industry and Commerce)
The
Supplier: Shenzhen Hongchou Technology Company
The
Buyer: Harbin Pacific Dragon Fertilizers Co., Ltd
Contract
No.: 20060102
Signed
at: Harbin
Date:
Dec
16th
2005
| 1. |
Product
Name, Trade Xxxx, Specification, Manufacturer, Quantity, Date of
Delivery
and Quantity
|
(Indication:
if blanks are not enough, please add.)
| Date of Delivery and Quantity | |||||||||||||
| Product name | Trade Xxxx | Specification | Manufacturer | Measurement Unit | Quantity | Unit Price | Total Amount | total | |||||
|
Monopotassium
phosphate
|
Ton
|
1,000
|
8,150
|
8,150,000
|
Feb
2006
|
||||||||
|
Glutin
|
Ton
|
410
|
28,000
|
11,480,000
|
|||||||||
|
Total
in RMB (capitalization) : 19,630,000
|
|||||||||||||
| 2. |
Quality
requirement, technology standard, the requirements and terms of quality
responsibility from the supplier:
Technology
content in the product should exceed
98%.
|
| 3. |
Place
of delivery and mode:
No.20 of Dalian Road, Concentrated
Development Zone, Pingfang District, Harbin, Heilongjiang
Province.
|
| 4. |
Term
of Shipment, port of destination and expense:
Highway
freight transport. The supplier should
pay the freight.
|
| 5. |
Reasonable
loss and calculating method:
±0.1%
|
| 6. |
Packing
standard, the supply and reclamation of packing:
Granule:
50kg/bag;
25kg/bag.
|
| 7. |
Checking
standard, means, deadline of discrepancy:
According
to national and company standard. In
one month
|
| 8. |
Spare
parts, fittings quantity and supply:
None.
|
| 9. |
Settlement
and time limit:
Another
20% pre-payment will be paid on Dec
26th,
2005 and left 70% amount will not be paid until the arrival of
goods.
|
| 10. |
If
assurance is needed, a separate contract should be signed as the
attachment of this contract:
None.
|
| 11. |
The
liability for breach of contract:
Both
two parties should be compliance with the
term 2 and 9. The breaching party should bear all responsibility.
|
| 12. |
Settlement
of disputes:
Any
dispute should be settled through negotiation or
arbitration.
|
| 13. |
Other
clauses:
Other
material may be needed Price to be
discussed.
|
|
The
supplier:
Shenzhen Hongchou Technology Company
|
The
buyer: Harbin Pacific Dragon Fertilizers Co., Ltd
|
Comments
of notary:
Handled
by:
Notarizing
Agent(stamp)
Date:
(Indication:
except for government regulation, notarization is of one’s own accord.)
|
|
Address:
(Corporate Seal)
|
Address:
|
|
|
Legal
representative:
|
Legal
representative:
|
|
|
Authorized
agent:
/s/Xxxxx Xxxxxxxx
|
Authorized
agent: /s/Wang Xianzhong
|
|
|
Tel:
|
Tel:
|
|
|
Telegraphic
address:
|
Telegraphic
address:
|
|
|
Deposit
bank:
|
Deposit
bank:
|
|
|
Account
No.:45721807096
|
Account
No.:
|
|
|
Postcode:
|
Postcode:
|
Term
of
Validity: Dec 16th,
2005-Dec 16th,
2008
Supervised
by Harbin
Administration of Industry and Commerce
Printed
by Harbin Northeast Printing Office.
