Sales Contract (English summary), dated December 30, 2009, between Great Shengda and Nong Fu Shan Quan Co., Ltd

Contract Categories: Business Operations - Sales Agreements
EX-10.4 8 exhibit10-4.htm EXHIBIT 10.4 China Packaging Technologies, Inc. - Exhibit 10.4 - Filed by newsfilecorp.com

Exhibit 10.4

Sales Contract

(English Summary)

Party A: Great Shengda as supplier

Party B: Nongfu Spring Stock Co., Ltd. as purchaser

Date of Signing Dec 30, 2009

Orders 1.

The name, pattern, amount of products as well as time and location of delivery depend on the orders of purchaser. The purchaser uses “Order Form” to send purchase-request and purchase-order to the supplier.

   
2.

The supplier should deliver products according to the orders. If the supplier misses the deadline, the supplier should bear related costs and expenses.

   
3.

The two parties agree the location of delivery is the location of the purchaser. The supplier will be responsible for transportation and unloading.


Payment and Time Limit

After inspection, the purchaser should pay to the supplier by wire in 75 days or by bank acceptance in 60 days.

 
Contract Term

January 1, 2010 to December 31, 2010


Quality Obligation 1.

The quality guarantee period is 6 months after inspection.

   
2.

The purchaser is entitled to mark non-conforming products at the supplier’s presence or ask the supplier destroy the non-conforming products at the purchaser’s presence.

   
3.

If the supplier delivers non-conforming products to the purchaser, the purchaser is entitled to reject the products and seek penalty 3 times of the products’ price.

   
4.

The supplier should finish the rejection-request within the deadline of the purchaser.

   
Dispute Resolution    

 Resort to the purchaser’s local court