Sales Contract of Finished Oil
Sales
Contract of Finished Oil
Contract
No.: 200606143
Seller:
Xi’an Baorun Industrial Development Co., Ltd. Place:
Xi’an
Buyer:
Zibo City Xxx Xx Xx Xxx Refined Chemicals Co., Ltd. Date:
Nov
28, 2006
This
contract is made by and between the seller and the buyer based on friendly
negotiation and mutual
benefits pursuant to Contract Law of P.R.China.
1. |
Product,
Quantity, Price and Delivery Time.
|
Product
|
Quantity(Ton)
|
Price(Xxxx/t)
|
Delivery
time
|
Type
|
Amount(Xxxx)
|
Naphtha
|
2000
|
4350
|
Before
Dec 31 ,2006
|
8,700,000
|
|
Total
Amount : Eight Million Seven Hundred Thousand Yuan
|
2. |
Manufacturer:
Shaanxi
Yanchang Petroleum OiløGroup÷Co.,
Ltd. Yanan Refinery
|
3. |
Quality
Requirement and Technical Index
|
Specific
Gravity: 0.70-0.73 (20°C);
Dry
Point<180; Bromine Point<5.0; Sulphur<1000
Chlorine<3;
Copper<10; Arsenic<20.
4. |
Delivery
Place and Arrival Station.
|
Dongfeng
Station, Qilu Petrochemical Co., Ltd. special railway; or
Lanshan
Station, Shandong Tonghai Dock special railway.
5. |
Transportation
Manner and Fees.
|
Railway
Transportation
The
Seller bears all of the cost before arrival. The Buyer will pay the fees after
arrival. The coming back cost of vehicle will be born by the Seller.
6. |
Acceptance
Criteria.
|
Using
the
data offered by the refinery.
7. |
Payment
Term, Time and Means.
|
7.1 |
Payment
Term: Delivery after payment;
|
7.2 |
Payment
Means: Cash (with invoices for VAT and transportation
fees).
|
8. |
Miscellaneous
|
8.1 |
The
Seller will send commodity value-added tax and transportation invoices
to
the buyer at the end of that month.
|
8.2 |
If
the oil refinery changes the price, the two parties will negotiate
otherwise.
|
9. |
Disputes
|
This
contract will come into effect upon signing by the two parties hereto. In case
of any dispute, the two parties should go to the court
in the
place where the
non-breaching party
is
located.
Seller
|
Buyer
|
||
Company
Name
|
Xi’an
Baorun Industrial Development Co., Ltd.
|
Company
Name
|
Zibo
City Xxx Xx Xx Xxx Refined Chemicals Co., Ltd.
|
Address
|
Xxxxxxx
Xxxxxxx Xxxxxx # 0 Xxxxx Xx Xx'xx, Xxxxxxx
|
Address
|
|
Legal
Person
|
(Seal
of Sales Company of Shaanxi Yanchang Petroleum OiløGroup÷Co.,
Ltd.)
|
Legal
Person
|
(Seal
of Xi’an Baorun Industrial Development Co., Ltd.)
|
Authorized
Person
|
Xxx
Xxxxxxxxx
|
Authorized
Person
|
Xx
Xxxxxxx
|
Opening
Bank
|
East
District Branch of China Everbright Bank
|
Opening
Bank
|
East
District Branch of China Everbright Bank
|
Account
#
|
087859120100302067154
|
Account
#
|
|
Telephone
|
00-000-00000000
|
Telephone
|