English Summary) Distribution Contract
Exhibit 10.7
(English Summary)
Distribution Contract
Ref:____________
Execution Date_______
Execution Place_______
Party A: Daqing LongHeDa Food Co., Ltd
Party B: the distributor
I. Terms of the Contract:
After Party A’s observation and confirmation of Party B’s qualification to be a distributor for sales of Party A’s products, Party A hereby authorizes Party B to be the general distributor within the territory of ___________, during the period starts from _________to __________.
II. Distribution Mode
The distribution mode is agency in different territories.
III. Products and Amount
Fruit Puree____ tons; Glazed Fruit___ tons; “Fu” Beverage____ tons, Concentrated Juice ____tons.
IV. Payment Method:
(usually payment upon delivery)
V. Transportation and Freight:
Party B shall be responsible for the transportation and freight and Party A shall be responsible for liaison of transportation.
VI. Rights and Obligations
Party A’s rights and obligations:
1.
Party A shall provide Party B with copies of Party A’s business license and sanitation license.
2.
In case when the product price needs to be adjusted due to changes in state policy, fluctuation in raw material supply or change of market situation, Party A shall give written notice to Party B one month prior to such adjustment. Such notice shall be made part of the Contract as an exhibit.
3.
Party A shall timely notify Party B of the change of Party A’s sales policy and/or supply situation.
4.
Party A shall be responsible for any loss due to product quality problem, which shall be certified by relevant organization; Party B shall be liable for losses due to its negligent custody of the products.
5.
The quality of the sample shall be used as quality standard for all deliveries.
6.
Party A shall be responsible for delivering the products to designated places on time as agreed, but shall not be responsible for delivery to any other places.
7.
Party A shall have the rights to supervise, examine and guide Party B’s sales of its products.
Party B’s rights and obligations:
1.
Party B shall provide to Party A with copies of Party B’s business license and taxation registration certificates for record.
2.
Party B shall not be allowed to sell the same products from any other manufacturer at the same time during the term of this Contract.
3.
Party B shall place an order with Party A at least 15 days prior to the required delivery date to ensure that Party A has sufficient time to arrange the delivery.
4.
Party B shall not (1) distribute the products beyond the territory as stated herein; (2) assign the rights of distribution without Party A’s consent; (3) provide non-conforming products; and (4) violate Party A’s price policy. Party A shall be entitled to terminate this Contract if Party B breaches and the losses arising thereof shall be borne by Party B.
VII. Inspection
Party B shall inspect the products in accordance with the delivery note provided by Party A and shall record the delivery date on the Client Return Receipt attached to the Product Sales Note and confirm the foresaid by signature or company stamp.
VIII. Liabilities for Breach of Contract
1.
With respect to matters that have not been contemplated by the Contract, both Parties shall consult each other and negotiate for settlement. Any agreement reached as a result of such negotiation shall be legally binding and has the same legal effect as the Contract.
2.
If either party breaches the Contract, the parties shall negotiation for settlement. If no agreement can be reached through such negotiation, any claim shall be brought to the non-breaching Party’s local court with proper jurisdiction.
IX. Miscellaneous Items
1.
Any issue not being contemplated in this Contract shall be negotiated by both Parties and the results of both Parties’ negotiation shall be an addendum to this Contract and have the same legal effect as this Contact.
2.
Any dispute arising from the Contact shall be amicably negotiated by both Parties and in case where no agreement is reached by the Parties, the dispute shall be brought to Party A’s local court with proper jurisdiction.
3.
This Contract is prepared in two originals, which have the same legal effect, and each Party shall hold one original.
Execution:
Party A: Daqing Long He Da Food Co., Ltd
Address:
Legal representative:
Authorized representative:
Bank Info.:
Telephone:
Fax:
Party B: the distributor
Address:
Legal representative:
Authorized representative:
Bank Info.:
Telephone:
Fax:
The form of purchase order is as follows:
Purchase Order
|
Products |
Specification |
Amount(ton) |
Unit Price (Yuan) |
Total Sum (Yuan) |
Remarks |
|
In Total |
|||||
|
Total Sum (in capital letter): | |||||
Client: _____________________
Address: ____________________
Designated Place for Delivery:______________
Telephone:___________________
Liaison Person: _______________
Client: (Stamp)
Date: _______________
The contractual details of the Company’s top 10 sales clients in March 2008 are as follows:
|
Distributors |
Contract Reference |
Execution Date |
Contract Term |
Territory |
Products Type and Amount |
|
Beijing Xxx Xxxx Yuan Food Co.,Ltd |
LHD-2008054 |
2008-1-22 |
2008-01-01 to 2008-12-31 |
Beijing |
preserved fruit: 650 tons; concentrated juice: 1200 tons |
|
Beijing Xxx Xxx Xing Food Co.,Ltd |
LHD-2008052 |
2008-1-19 |
2008-01-01 to 2008-12-31 |
Area around Beijing |
concentrated juice: 1200 tons |
|
Xxxxxx Xx Xxxxx Trading Co.,Ltd |
LHD-2008035 |
2008-1-9 |
2008-01-01 to 2008-12-31 |
Yuncheng City,Shanxi Province |
fruit puree: 500 tons; concentrated juice: 1000 tons |
|
Xxxxxxx Xxxxx Xxx Xxx Economic and Technology Development Co.,Ltd |
LHD-2008004 |
2007-12-22 |
2008-01-01 to 2008-12-31 |
Haerbin City, Heilongjiang Province |
fruit puree: 1000 tons |
|
Tianjin Ao Kai Chemistry and Industry Trading Co.,Ltd |
LHD-2008049 |
2008-1-16 |
2008-01-01 to 2008-12-31 |
Tianjin City |
concentrated juice: 600 tons |
|
Chengde Ya Long Food Co.,Ltd |
LHD-2008057 |
2008-1-24 |
2008-01-01 to 2008-12-31 |
Chengde City, Hebei Province |
fruit puree: 1500 tons |
|
Guangzhou Xxx Xxxxx Shop |
LHD-2008036 |
2008-1-9 |
2008-01-01 to 2008-12-31 |
Guangzhou City, Guangdong Province |
preserved fruit: 50 tons |
|
Sanmenxia Jin Ge Rui Juice Co., Ltd |
LHD-2008026 |
2007-12-31 |
2008-01-01 to 2008-12-31 |
Sanmenxia City, Henan Province |
fruit puree: 1000 tons |
|
Qingzhou Xx Xx Food Co.,Ltd |
LHD-2008007 |
2007-12-25 |
2008-01-01 to 2008-12-31 |
Qingzhou City, Shandong Province |
fruit puree: 800tons; preserved fruit: 100tons |
|
(no. 10) |
