Agreement for Sale of Refined Iron Powder between Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Guangdong Yuehe Assets Management Co., Ltd.
This agreement is between 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 Fifth Season for RMB 10,393,536.38. Payment is due upon delivery, and the contract is effective until March 30, 2011. The agreement also covers terms for validity, modification, termination, dispute resolution, and breach, ensuring both parties understand their obligations and rights.
Exhibit 10.20
Agreement for Sale of Commodity entered by and between the Fifth Season (Zhejiang) Commerce and
Trade Co., Ltd. and Guangdong Yuehe Assets Management Co., Ltd.
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