Purchase and Sales Contract of Coal
Exhibit
10.62
Purchase
and Sales Contract of Coal
Contracting
Place: Anyang, Henan
Date of
Contract: 2010-01-10
Contract
No.: XXXX00000000-2
The Buyer: Henan Shuncheng
Group Coal Coke Co., Ltd
The Seller: Shandong Daotong
Trade Co., Ltd
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1.
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Name
of Consignee, Dispatching and Arriving Stations, Type of Goods, Quality,
Time of Delivery, Quantity
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Name
of
Consignee
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Dispatching
Station
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Arriving
Station
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Type
of
Goods
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Quality
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Total
Amount
Of
the year
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|||||
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Henan
Shuncheng Group Coal Coke Co., Ltd
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Longgu
XX
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Xx
Xxxx
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Cleaned
Fat Coal with low sulfur content
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ash≤9%
volatilization
≤30%
sulfur
≤0.5%
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Seventy
two thousand
tons
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Time of Delivery, Quantity
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||||||||||||||||||||||||||||||||||||||||||||
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The first quarter
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The second quarter
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The third quarter
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The fourth quarter
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|||||||||||||||||||||||||||||||||||||||||
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Jan.
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Feb.
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March
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April
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May
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June
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July
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Aug.
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Sept.
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Oct.
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Nov.
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Dec.
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|||||||||||||||||||||||||||||||||
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6000
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6000 | 6000 | 6000 | 6000 | 6000 | 6000 | 6000 | 6000 | 6000 | 6000 | 6000 | |||||||||||||||||||||||||||||||||
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2.
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Delivery:
The Seller shall send the goods under this contract by train to Lizhen
Station and deliver on the board of the
train.
|
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3.
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Standard
and method of inspection on quality and quantity: Quality shall be based
on the result of laboratory test made by Mining Administration and
quantity shall be based on the railway transport
invoices.
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4.
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Unit
Price of coal: RMB
ton (including tax and the expenses of sending the goods to the Buyer’s
factory); and shall be based on the price adjustment notification made by
the Mining Administration.
|
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5.
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Settlement
of payment of goods, freight and miscellaneous charges: Pay by acceptance,
and settle against two bills.
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6.
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Liability
for Breach of Contract: In accordance with the Contract
Law.
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7.
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Settlement
of Disputes: To be solved by friendly consultation between the two
parties, or submitted to the People’s Court in the signature place of the
contract.
|
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8.
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Others:
The Unit Price of the goods under this contract shall change with the
market price.
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The
Buyer(Purchase)
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The
Seller(Sale)
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|
|
Full
Name: Henan Shuncheng Group Coal Coke Co., Ltd
Address:
Gongye Road,
South of Tongye Town
Legal
Representative: /s/ Wang Xinkang
Entrusted
Agent:
Bank
of Deposit: Construction Bank of China, Anyang Zhongzhou
Branch
Account
No.:
Tax
No.: 410522614985801
Telephone
No.: 5608958
|
Seller:
Shandong Daotong Trade Co., Ltd
Address:
Xx. 000, Xxxxx, Xxxxx Xxxx
Legal
Representative: /s/ Sun Qibin
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| [company seal and stamp] | [company seal and stamp] |
Notification
on Price Adjustment of Cleaned Washed Coal
Shandong Daotong Trade Co.,
Ltd:
Firstly,
thanks for your support to our company.
To
further stabilize the order in selling coal and fasten the cooperation
relationship between us, we hereby inform you that from January 22nd, 2010,
the unit price (including tax) of fat cleaned coal of Xin Julong Brand will
increase by RMB 150/ton.
(seal)
[company seal and stamp]
2010/01/22
