Contract for the Sale and Purchase of Coke
Exhibit
10.65
Contract
for the Sale and Purchase of Coke
Seller:
Henan Shuncheng Group Coal Coke Co., Ltd.
Buyer:
Huzhou Huatuo Energy Co., Ltd.
Contract
No.:
Signed
at: Shuncheng Group
Date:July 21st,
2009
1. Name,
Vendor, Quantity, Amount, Delivery date and time of the Goods
Name
|
Vendor
|
Unit
|
Quantity
|
Unit
|
Delivery
date and time
|
|||||||||||||||
Price
|
Jan.
|
Feb.
|
Mar.
|
Apr.
|
May
|
Jun.
|
||||||||||||||
metallurgical
|
Henan
|
Ton
|
15000
|
1560
|
||||||||||||||||
coke
|
Shuncheng
|
yuan/ton
|
Jul.
|
Aug.
|
Sept.
|
Oct.
|
Nov.
|
Dec.
|
||||||||||||
Group
|
(tax
|
|||||||||||||||||||
Coal
Coke
|
included)
|
|||||||||||||||||||
|
Co.,
Ltd.
|
|
|
|
|
|
|
|
|
|
2.
|
Quality
requirements and technology standards: Ash Content≤13%,
Sulfur≤0.7%,
Moisture Retention≤10%, the
exceeding amount will be deducted. Volatilization≤1.8%,
M25≧90%, M10≤8.5%,
foam≤5%.
|
1.
|
Delivery
terms: special railway line connected to the freight yard of the Seller,
the Seller charges transport of goods, and the freight shall be borne by
the Buyer. Destination station:
Benniu.
|
2.
|
Payment
Term: Delivery within 10 days after receiving the
payment.
|
3.
|
Weight:
Settled according to the weight weighed by the railroad scale of the
Seller.
|
4.
|
Settlement
Method: VAT invoice to be issued after the final delivery, and the railway
transportation invoice shall be delivered to the
Buyer.
|
5.
|
Methods
for inspection and acceptance: The goods shall be sampled by both
parties,and the
quality shall be determined by the inspection result. Any disagreements
shall be settled through
consultation.
|
6.
|
Liabilities
for breach of contract shall be governed by the terms of Contract Law of the People's
Republic of China.
|
7.
|
Price
maintenance (payment within 5
days).
|
8.
|
Dispute
Resolution: any disputes shall be settled through the consultation. If the
consultation is unsuccessful, the disputes shall be governed by the place
where the plaintiff is located.
|
Seller
|
Buyer
|
|
Name
(Seal): Henan Shuncheng Group Coal Coke Co.,
Ltd.
|
Name
(Seal):Huzhou Huatuo Energy Co., Ltd.
|
|
Authorized
proxy: [illegible][company seal and
stamp]
|
Authorized
proxy: [illegible][company seal and
stamp]
|
|
Tel
(Fax):0000-0000000
|
Tel: [illegible]
|
|
Bank
of deposit: Zhongzhou Sub-branch of PCBC
|
Bank
of deposit:
|
|
Account
number:
|
Account
number:
|
Seller:
Henan Shuncheng Group Coal Coke Co., Ltd.
Buyer:
Huzhou Huatuo Energy Co., Ltd.
In
connection with the changes in the coke market conditions, both parties agree to
adjust the price of coke as follows in the principle of reciprocity and mutual
benefit, cooperation and common interest:
Since
April 15th, 2010,
the price on the vehicles with tax included is adjusted to 1740
yuan/ton.
Seller:
Henan Shuncheng Group Coal Coke Co., Ltd.
(seal)
[illegible]
Buyer:
Huzhou Huatuo Energy Co., Ltd.
(seal)
[illegible]
Date:
April 15th,
2010