Supply Agreement between Yangling Dongke Madisen Pharmaceutical Co., Ltd. and Xi’an Yinhai Industrial Fabrics Co., Ltd.

Contract Categories: Business Operations › Supply Agreements
Summary

Yangling Dongke Madisen Pharmaceutical Co., Ltd. (the buyer) and Xi’an Yinhai Industrial Fabrics Co., Ltd. (the supplier) have entered into a one-year supply contract for various types of cloth at specified unit prices. The supplier will deliver the goods to Xi’an, with the buyer handling delivery but the supplier covering transportation costs. Payment is due within seven days of receipt, and the buyer may withhold a quality deposit until the contract ends. Any objections to the goods must be raised within ten days of receipt. The supplier must provide a 17% VAT invoice.

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EX-10.21 27 ex1021.htm EXHIBIT 10.21 ex1021.htm Exhibit 10.21
Supply contract
 
Party A (buyer): Yangling Dongke Madisen Pharmaceutical co.,Ltd
Party B (supplier): Xi’an Yinhai Industrial Fabrics co.,Ltd
Sign Place: Shaanxi Yangling
Sign Date: Sep 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
 
Products Name
Unit
Quantity
Unit price
Amount
Delivery Date and Remark
Nature color
cloth
 meter
  
3.45yuan/meter
  
Based on the order sheet
Bleached cloth
meter
  
3.3 yuan/meter
  
Elastic cloth
meter
  
5.3 yuan/meter
  
Total Amount (in words):
  
 
2 Quality and Technical Standard: QBYY006-2002 Standards of supplier and the buyer’s insider control standards.
 
3 Place of Delivery: Xi’an.
 
4 Means of Transportation and Expenses and Place of Delivery: the buyer deliveries the good but PartyB pay the expenses.
 
5 Objection Period: within 10days after receiving the goods.
 
6 Terms of Payment: bank remittance; within 7days after receiving the goods.
 
7 Other Provision: The buyer will deduct quality earnest money 10000RMB till the termination of the contract. This contract will keep in force within one year, and the price will flow with the market.
 
8 Remarks: Supplier issues 17% VAT invoice; the fax file has the same effect.
 
Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd
Address: 8 Xinqiao Road Yangling Demonstration Zone
Zip Code: 712100
 
Party B：Xi’an Yinhai Industrial Fabrics co.,Ltd
Address: Room 18 Unit 2 Building 13 Families District 623 on diangzi 2 Road Xi'an Electronic City