Commodity Sale Agreement between The Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Guangdong Yuehe Assets Management Co., Ltd.

Contract Categories: Business Operations › Sales Agreements
Summary

This agreement, dated January 12, 2011, is between The Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Guangdong Yuehe Assets Management Co., Ltd. Under the contract, Guangdong Yuehe will purchase 6,224 tons of refined iron powder from The Fifth Season for RMB 10,393,536.38. Payment is due upon delivery, and the contract remains effective until March 30, 2011. The agreement also covers terms for validity, modification, termination, and dispute resolution.

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EX-10.20 21 exhibit10-20.htm EXHIBIT 10.20 Fifth Season International Inc.: Exhibit 10.20 - Filed by newsfilecorp.com

Exhibit 10.20

Agreement for Sale of Commodity

Party A: The Fifth Season (Zhejiang) Commerce and Trade Co., Ltd.

Party B: Guangdong Yuehe Assets Management Co., Ltd.

  • General Information
  • Pursuant to the contract entered on January 12, 2011, Party B will buy the refined iron powder with iron content of 64% 6224 tons (±0.5%) and with iron content of 62% (±0.5%) from Party A.
  • Fees of the Commodity and Payment Arrangement
  • The total fees will be RMB 10,393,536.38 yuan.
  • Party B will pay when the goods are delivered.
  • Delivery Date
  • This contract shall be effective until March 30, 2011
  • Headlines of the articles omitted
  • Validity, Modification and Termination of Contract
  • Dispute Settlement
  • Breach of the Agreement
  • Miscellaneous

Signature Page

Party A: The Fifth Season (Zhejiang) Commerce and Trade Co., Ltd.
By: /seal/ The Fifth Season (Zhejiang) Commerce and Trade Co., Ltd.
Date: January 12, 2011

Party B: Guangdong Yuehe Assets Management Co., Ltd.
By: /seal/ Guangdong Yuehe Assets Management Co., Ltd.
Date: January 12, 2011