Form of Purchase Agreement (English summary), between Shengda Color and Jiangsu Lee & Man Paper Manufacturing Co., Ltd
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EX-10.12 16 exhibit10-12.htm EXHIBIT 10.12 China Packaging Technologies, Inc. - Exhibit 10.12 - Filed by newsfilecorp.com
Exhibit 10.12
Form of Purchase Agreement
(English Summary)
| Parties to Contract | Shengda Color as Buyer and Jiangsu Lee & Man Paper Manufacturing Co., Ltd. as Vendor |
| Details of Products | Brown paper N140'170g 2,900 per ton and the total amount is 500 tons |
| Brown paper N200'250g 2,850 per ton and the total amount is 500 tons | |
| Location of Purchase | North of the Beitang River, Xiaoshan Economic and Technology Development Zone, Hangzhou |
| Method of payment | Monthly payment at 45 days by Bank Acceptance |
| Undertaking | 1. | The tolerance of delivery is +0.3% |
| 2. | 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 | |
| 3. | The price of products will change with market conditions and any change will be approved by the two parties. | |
