Yanchang Petroleum (Group) Co., Ltd. Finished Oil Sales Contract
Yanchang
Petroleum (Group) Co., Ltd.
Contract
No.:20081223
Supplier:
Yanchang Petroleum (Group) Co., Ltd.
Purchaser:
Xi’an Baorun Industrial Development Co., Ltd.
The
Supplier and Purchaser base on mutual benefits and friendly negotiations, in
regard to the purchase and sales of oil products of year 2009, reach agreements
as below:
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1.
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Item,
Amount, Price:
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Item
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Amount
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Price
(Yuan/ Xxx)
|
|||
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Gasoline
Diesel
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100000
80000
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Execute
in accordance with the price of Yanchang Oil (Group) Co., Ltd. |
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2.
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Technical
Index:
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Execution
of Gasoline: GB17930-1999; Execution of Diesel: GB252-2000
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3.
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Shipping
Location, Transportation and Relevant
Expense:
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|
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(1)
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Location:
The refinery of Yanchang Oil (Group) Co.,
Ltd.
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|
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(2)
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Transportation:
Highway and railway transportations
|
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4.
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Payment:
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Pay
before shipping items; V.A.T. invoices will be rendered in the middle and at the
end of the month.
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5.
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Other
Covenants:
|
|
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(1)
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Both
Parties shall supply and pick up the items in balance in accordance with
the contract; half a month for balance. In the event the Supplier ceases
the work of shop, is under examinations and repairs and other special
reasons, and cannot supply in accordance with the contract, it shall
notify the Purchaser three days prior to such events. The Purchaser shall
render RMB10 per ton of the amount specified in the contract as the
security deposit. In case the Purchaser does not meet the amount set forth
in the contract for special reasons, it shall notify the Supplier three
days in advance. In the event the Purchaser does not meet the amount
specified in the contract without a special reason, the security deposit
shall be set off as a penalty for the unfulfilled amount at PMB10 per
ton.
|
|
(2)
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Dispute:
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In case
any matter is not specified in the contract, both parties shall negotiate. In
the event both parties cannot reach agreements, they may submit a lawsuit to the
People’s Court at the execution location.
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(3)
|
The
contract consists of three copies; the Supplier holds two copies and the
Purchaser holds one
copy.
|
Supplier:
Yanchang Petroleum (Group) Co., Ltd.
Legal
Representative (Authorized Person): Xxx Xxxxx (signature)
(with
corporate seal)
Tel:
000-00000000
A/C Bank:
Gaoxin Branch of China Construction Bank
Purchaser:
Xi’an Baorun Industrial Development Co., Ltd.
Legal
Representative (Authorized Person): Xx Xxxxxxx (signature)
(with
corporate seal)
Tel:
000-00000000
A/C Bank:
Dongjiao Branch of China Everbright Bank
Location
of Execution: Sales Bureau of Yanchang Group
Effective
Period: One Year
