Agreement for Sale of Commodity, dated February 9, 2011, by and among the Fifth Season (Zhejiang) Commerce and Trade Co., Ltd and Shanghai Tongli Metal Co., Ltd
Exhibit 10.21
Mineral Product Selling Price Confirmation Letter
| Supplier: | The Fifth Season (Zhejiang) Commerce and Trade Co., Ltd |
| Buyer: | Shanghai Tongli Metal Co., Ltd |
Article 1: Product name, trademark, Quantity, Unit Price and Total Amount
| Product name | Warehouse | Trademark | Quantity | Unit Price (Yuan/Tonnage) | Total Amount |
| Copper | Hu Min Ku | Jin Chuan Da Ban | 199.8035 | 74650 | 14,915,331.28 |
| Copper | Tie Shan Ku | CCC-P | 150.010 | 74650 | 11,198,246.50 |
| Copper | Hu Min Ku | Gui Zhi | 90.228 | 74700 | 6,740,031.60 |
| Aggregate | 440.0415 | 32,853,609.38 |
Article 2: Place of Delivery and Delivery Types
Deliver goods after receipt of the total amount of the goods
Article 3: Applicable Standard
GB/ ###-###-####
Article 4: Inspection Method and Period for Raising Objections
Buyer shall inspect the goods provided by the supplier in a timely manner. In the event that there is problem with the goods, Buyer shall raise objection within 3 days after receiving the goods. Where objection raised after this period shall be deemed as invalid and has no legal efficacy.
Article 5: Packing Method
Comply with the <Hu Jin Jiao Ge No.10 Schedule (1) >
Article 6: Objection Processing Time Limit
Supplier shall reply to the buyer within 3 days after receiving the written objection, any reply given after such period shall be deemed as accepted.
Article 7: Transportation Costs
All of the transportation costs shall be payable by buyer.
Article 8: Weigh Verification and Reasonable Pounds Difference
The reasonable pounds difference shall be between +/-0.2%, the difference in excess of this shall be settled by consultation.
Article 9: Method of Settlement
Supplier shall deliver the goods after has received the payment.
Article 10: Dispute Resolution
In the event that any dispute arising in the process of executing this contract, shall be settled by consultation, In the case of no agreement is reached after consultation, both parties are entitled to bring an action at the People’s Court where the contract is concluded.
Article 11: Other agreed matters:
a) This contract will take effect after both parties have affixed the seals.
b) The facsimile versions of this contract shall have the same legal effect as this contract if the facsimile documents have been verified by both parties.
c) The above price includes value-added tax. Supplier shall issue the Special VAT Invoice based on the above price to buyer in a timely manner.
Supplier: The Fifth Season (Zhejiang) Trade Co., Ltd
By: /seal/ The Fifth Season (Zhejiang) Trade Co., Ltd
Date: 2011-2-9
Buyer: Shanghai Tong Li Metal Co., Ltd
By: /seal/ Shanghai Tong Li Metal Co., Ltd
Date: 2011-2-9
