Commodity Sale Agreement between Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Shanghai Tongli Metal Co., Ltd.
This agreement, dated February 9, 2011, is between Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Shanghai Tongli Metal Co., Ltd. Under the contract, Shanghai Tongli Metal Co., Ltd. agrees to purchase specified quantities of copper, iron, and steel from Fifth Season for a total price of RMB 32,853,629.38. Payment is due upon delivery of the goods. The contract also includes standard terms regarding validity, modification, termination, dispute resolution, and breach of agreement.
Exhibit 10.21
Agreement for Sale of Commodity entered by and between the Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Shanghai Tongli Metal Co., Ltd.
Party A: The Fifth Season (Zhejiang) Commerce and Trade Co., Ltd.
Party B: Shanghai Tongli Metal Co., Ltd.
- General Information
- Pursuant to the contract entered on February 9, 2011, Party B will buy the copper of 199.8025 tons, iron of 150.010 tons and steel of 90.228 tons from Party A.
- Fees of the Commodity and Payment Arrangement
- The total fees will be RMB 32,853,629.38 yuan.
- Party B will pay when the goods are delivered.
- Delivery Date
- nil
- Headlines of the articles omitted
- Validity, Modification and Termination of Contract
- Dispute Settlement
- Breach of the Agreement
- Miscellaneous