Technology Transfer Agreement
Project
name: Jindelikang Propolis and Black Ants Capsule
Transferee:
Harbin Humankind Biology Technology Co. Limited (Party A)
Transferor:
Beijing Jindelikang Bio-Technology Co., Ltd. (Party B)
Place of
signing: Harbin City
Date of
signing: October 12, 2007
Period of
Validity: Long Term
Both
parties negotiate and sign this agreement about transfer of ownership of
Jindelikang Propolis and Black Ants Capsule (approval number: GSJZ X00000000
).
Article I
Duration, Place and Method
Party B
shall provide to Party A with all ducuments of the product within 5 days of the
effect date of this agreement.
Article
II Know-how
The scope
of transfer includes the formula and processing technique of Jindelikang
Propolis and Black Ants Capsule.
Article
III Scope of Using Nonpatented Technology
Party B
shall not produce and sell the products without the consent of Party A and shall
not transfer the fomula and processing technique of the product to other
companies.
Article
IV Payment
Total
transfer price: RMB 350,000.
1
Article V
Settlements to Disputes
During
the period of the agreement is executed, both parties agree to solve the
disputes by negotiation. If both parties do not want to solve by negotiation or
can not come to a conclusion by negotiation, both parties agree to solve such
problem by legal procedures.
Transferee
(Party A): Harbin Humankind Biology Technology Co. Limited (Seal)
Telephone
Number: 0000-00000000
Address:
Jinxing Industrial Park, Songbei District, Harbin
Zip
Code:
Representative:
Xxx Xxx
Transferor
(Party B): Beijing Jindelikang Bio-Technology Co., Ltd. (Seal)
Telephone
Number: 00000000000
Address:
Yudai Township, Daxing District, Beijing City
Zip
Code:
Representative:
Xxxxxxx Xx
2
