Form of Purchase Agreement (English summary), between Hangzhou Shengming and Jiangsu Lee & Man Paper Manufacturing Co., Ltd
Exhibit 10.15
Form of Purchase Agreement
(English Summary)
Parties to Contract | Hangzhou Shengming 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 1,200 tons |
Brown paper N140'170g 3,450 per ton and the total amount is 1,500 tons | |
Brown paper N200'250g 3,400 per ton and the total amount is 300 tons | |
Location of Purchase | Xiangheqiao Village, Heshang Town, Xiao Shan District, Hangzhou |
Payment | Monthly payment at 45 days by Bank Acceptance |
Undertaking | 3. | The tolerance of delivery is +0.3%. |
4. | 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. | |
5. | The price of products will change with market conditions and any change will be approved by the two parties. | |