Purchase Agreement between Great Shengda and Jiangsu Lee & Man Paper Manufacturing Co., Ltd.

Contract Categories: Business Finance › Purchase Agreements
Summary

Great Shengda (the buyer) and Jiangsu Lee & Man Paper Manufacturing Co., Ltd. (the vendor) have entered into an agreement for the purchase of various types of paper, including raw paper and brown paper, at specified prices and quantities. Delivery will take place in Hangzhou, and payment is due monthly, 45 days after delivery, via bank acceptance. The contract becomes effective upon signing by both parties and must be signed within 7 days to remain valid. Product prices may be adjusted based on market conditions through mutual consultation.

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EX-10.7 11 exhibit10-7.htm EXHIBIT 10.7 China Packaging Technologies, Inc. - Exhibit 10.7 - Filed by newsfilecorp.com

Exhibit 10.7

Form of Purchase Agreement

(English Summary)

Parties to Contract

Great Shengda as Buyer and Jiangsu Lee & Man Paper Manufacturing Co., Ltd. as Vendor

 
Details of Products

Raw paper 3,300,RMB per ton and the total amount is 2,000 tons
Brown paper N140'170g 3,450 per ton and the total amount is 5,000 tons
Brown paper N200'250g 3,400 per ton and the total amount is 7,000 tons

 
Location of Delivery

North of the Beitang River, Xiaoshan Economic and Technology Development Zone, Hangzhou

 
Payment Method

Monthly payment, in 45 days after delivery, by Bank Acceptance


Undertaking 1.

The contract will become effective when the two parties sign on it, and it may be cancelled unless it is signed back in 7 days

2.

The price of products may change according to the circumstance of the market, and the two parties will consult with it.