Copper Sale Agreement between Shanghai Senhong Metal Co., Ltd. and The Fifth Season (Zhejiang) Trade Co., Ltd.

Summary

Shanghai Senhong Metal Co., Ltd. agrees to purchase approximately 299.19 tons of copper from The Fifth Season (Zhejiang) Trade Co., Ltd. for a total price of RMB 17,261,129.09. The buyer must pay in full before collecting the goods on August 11, 2010, and is responsible for packing and transportation fees. The contract specifies product standards, inspection rights, and dispute resolution in Hangzhou People’s Court. Both parties must sign for the agreement to be effective, and the seller will provide a value-added tax invoice.

EX-10.4 6 exhibit10-4.htm EXHIBIT 10.4 Fifth Season International, Inc.: Exhibit 10.4 - Filed by newsfilecorp.com

Exhibit 10.4

Sale Contract

Signature Site: Shanghai

Purchaser (Party A): Shanghai Senhong Metal Co., Ltd.

Seller (Party B): The Fifth Season (Zhejiang) Trade Co., Ltd.

1. Name, Quantity and Price

Name Warehouse Trademark Quantity (ton) Unit Price (RMB/ton) Amount (RMB)
Copper Humin Ku Jinchuandaban 119.9145 57692 6,918,107.33
Copper Tieshan Ku Jiangtong ISA 49.267 57692 2,842,311.76
Copper Humin Ku Guiye 130.013 57692 7,500,710
Total     299.1945   17,261,129.09

2. Delivery Method and Time

Delivery Method: pay before August 11, 2010

Delivery Time: collect on August 11, 2010, full payment before collection

3. Product Criterion: GB/ ###-###-####

4. Inspection Method and Time Limit: Party A shall inspect the goods before collecting and raise the objection within three days after delivery..

5. Packing Standard: complied with Hu Jin Jiaoge (1999) No. 10 Exhibit (1)

6. Objection Response Time Limit: Party B shall response to objection with three days after receiving Party A’s objection, otherwise, the objection shall be deemed as accepted.

7. Transportation Fees: Party A is liable for packing and transportation fees.

8. Acceptable Scope for Quantity: +/- 0.2%, exceeding part shall be settled by both parties

9. Payment Method: cash & spots

10. Any disputes related to this agreement can be brought to Hangzhou People’s Court if both parties cannot reach consensus.


11. Miscellaneous:

1) This agreement shall be effective after signing of both parties.

2) This agreement can be set by facsimile which has the same effect with the originals.

3) The aforementioned price includes value added tax. Party B shall offer the invoice of value added tax.


(This page is for signature only and has no text.)

Party A (Buyer): Shanghai Senhong Metal Co., Ltd.
By: /sealed/ Shanghai Senhong Metal Co., Ltd.
Date: August 11, 2010

Party B (Seller): The Fifth Season (Zhejiang) Trade Co., Ltd
By: /sealed/The Fifth Season (Zhejiang) Trade Co., Ltd
Date: August 11, 2010