Purchase Agreement between Shengda Color and Anhui Shanying Paper Ltd. and Ma'anshan Tianfu Paper Products Co., Ltd.
Shengda Color agrees to purchase B-21 brand paper products from Anhui Shanying Paper Ltd., with some products supplied by Ma'anshan Tianfu Paper Products Co., Ltd. The buyer must send a purchase plan by fax seven days in advance, and payment is due monthly, 45 days after delivery. The products are delivered to the buyer's factory, with transportation arranged by the vendor. Prices may change based on market conditions, but any changes require mutual approval. The agreement is governed by Chinese Contract Law.
Exhibit 10.13
Form of Purchase Agreement
(English Summary)
| Parties to Contract | Shengda Color as purchaser, Anhui Shanying Paper Ltd. and Ma’anshan Tianfu Paper Products Co., Ltd. as Vendor |
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| Name of Products | B-21 |
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| Brand | Anhui Shanying Paper Ltd. |
| Standard of Model | 120g . |
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| Producer | Anhui Shanying Paper Ltd. |
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| Unit | ton |
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| Time of Purchase | The Buyer fax the purchase-plan to the Vendor 7 days before the Purchase and the request will be proceeded after the Vendor’s acknowledgement. The two parties will consult with special situations. |
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| Location of Purchase | In the factory of the Buyer |
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| Transportation | By vehicle, the Buyer consigns the task to the Vendor and the Vendor will pay the piper. |
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| Method of Payment | Monthly payment at 45 days |
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| Governing Law | Chinese Contract Law |
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| Undertaking | A part of the products are provided by Ma’anshan Tianfu including invoices. The payment will be made to Shanying. |
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| Others | The price of products will change with market conditions and any change will be approved by the two parties. |
