Coal Tar Sales Agreement between Xiaoyi Jinhui Coal & Coking Co., Ltd and Taiyuan Hongxing Carbon Co., Ltd (2008)

Contract Categories: Business Operations › Sales Agreements
Summary

This contract is between Xiaoyi Jinhui Coal & Coking Co., Ltd (seller) and Taiyuan Hongxing Carbon Co., Ltd (purchaser) for the monthly sale of 800 tons of coal tar at RMB 2300 per ton, from January 1, 2008, to December 31, 2008. The agreement covers product quality, pricing adjustments, delivery at the seller’s factory, and transportation by truck. Both parties agree to resolve disputes and weight differences through negotiation, and each holds a signed copy of the contract.

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EX-10.32 36 ex10-32.htm ex10-32.htm
Exhibit 10.32
 
Code: JH-HJ-071004
Location: Jinhui Company
Date: 01/01/2008
 
Coal Tar sales contracts
Seller: Xiaoyi Jinhui Coal&Coking Co., Ltd
 
Purchaser: Taiyuan Hongxing Carbon Co., Ltd

The Seller and Purchaser reach the following agreement through friendly negotiation.

1. Product name: Coal Tar

2. Quantity: 800 Ton/Month

3. Price: RMB2300 / Ton (including tax). It shall inform the purchaser in a timely manner if there is a change in price.
(Due to the fluctuation of the price, the price shall be adjusted through a Price Adjustment Letter)

4. Quality Standard: Water Content<=4%, Density 1.15g/cm3--1.20g/cm3, CPS<=4%, Ad <=0.13%, TOL Insoluble Substance 3.5%-7.0%.
The quality is subject to seller’s laboratory test report, purchaser may check it. It shall be settled through negotiation if dispute arise.

5. Settlement amount and reasonable loss: It shall be based on the weights calculated from seller, purchaser supervise the weight process. It shall be settled through negotiation if the weight difference is significant.

6. Settlement: It shall be settled in a timely manner if there is a weight difference.

7. Delivery place: at seller factory

8. Transportation: By trucks

9. Default responsibility and solutions: The default party takes the full responsibility, and it shall be settled through negotiation if there is a contract dispute.

10. Valid period: From January 1, 2008 to December 31, 2008

11. The contract is in duplicate, seller and purchaser each hold a contract, the contract come into force once it is signed and sealed by both parties.
 
Seller: Xiaoyi Jinhui Coal&Coking Co., Ltd
Purchaser: Taiyuan Hongxing Carbon Co. Ltd
Signature (Seal)
 
Signature (Seal)