Supply Agreement between Yangling Dongke Madisen Pharmaceutical Co., Ltd. and Shaanxi Yungui Subsidiary Foodstuff Corporation Ltd.
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Summary
Yangling Dongke Madisen Pharmaceutical Co., Ltd. (the buyer) and Shaanxi Yungui Subsidiary Foodstuff Corporation Ltd. (the supplier) have entered into a supply contract for Guangxi caster sugar. The supplier will deliver the sugar to the buyer's designated location and cover transportation costs. Payment is due upon delivery, and any quality issues must be reported in writing within seven days. Both parties agree to resolve disputes through negotiation or local court. The contract is effective upon signature and includes VAT invoicing.
EX-10.20 26 ex1020.htm EXHIBIT 10.20 ex1020.htm
Exhibit 10.20
Supply contract
Party A (buyer): Yangling Dongke Madisen Pharmaceutical co.,Ltd
Party B (supplier): Shaanxi Yungui Subsidiary Foodstuff Corporation Ltd
Sign Place: Shaanxi Yangling
Sign Date: Nov 1, 2009
Based on the mutual trust and understanding, two parties reach the following agreements:
1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Remark
Name | Specification | Unit | Quantities | Unit price | Account | Remark |
Guangxi caster sugar | 50kg/bag | kg | 4.5 | Quantities is decided by the order | ||
Total amount in words: |
2 Quality and Technical Standard: state standards or company standards
3 Means of Transportation and Expenses and Place of Delivery: PartyB the deliveries the goods to the designated place, and cover the expenses.
4 The Standard for Check and Accept and Objection Period: according the industry standards, any quality problem could inform ParyB in writing 7days ahead.
5 Terms of Payment: pay on delivery
6 This contract is made in two copies and becomes valid after signature, two copies to be each party in witness thereof. The fax document also has the same effect. Copies of manufacture qualification certification of both parties are attached.
7 Settlement of Disputes: through negotiation or submitted to the local court.
8 Party B issues 17% VAT invoice.
Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd
Address: 8 Xinqiao Road Yangling Demonstration Zone
Zip Code: 712100
PartyB:Shaanxi Yungui sugar and wine, Non-staple Food Co., Ltd.
Address: Room 601 Unit 3 Jingdiansiji Garden on Dianzizheng street Xi’an. Shaanxi