Agreement for Sale of Zinc Ingots between Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Guangdong Guanghong International Trade Group Co., Ltd.

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Summary

This agreement is between Fifth Season (Zhejiang) Commerce and Trade Co., Ltd. and Guangdong Guanghong International Trade Group Co., Ltd. Under the contract, Guangdong Guanghong will purchase 36,000 tons of zinc ingots from Fifth Season at a price based on the average monthly market price minus RMB 1,000 per ton. Payment is due upon delivery. The contract is effective from September 1, 2010, until August 31, 2011. It also covers terms for validity, modification, termination, dispute resolution, and breach of agreement.

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EX-10.22 21 exhibit10-22.htm EXHIBIT 10.22 Fifth Season International Inc.: - Filed by newsfilecorp.com

Exhibit 10.22

Agreement for Sale of Commodity entered by and between the Fifth Season (Zhejiang) Commerce and
Trade Co., Ltd. and Guangdong Guanghong International Trade Group Co., Ltd.

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

Party B: Guangdong Guanghong International Trade Group Co., Ltd.

  • General Information
  • Pursuant to the contract entered on September 1, 2010, Party B will buy the zinc ingot of 36000 tons (±0.5%) from Party A.
  • Fees of the Commodity and Payment Arrangement
  • The unit price will be determined in terms of the average monthly price minus RMB 1000 yuan per ton of the delivery month on the Shanghai Non-ferrous Website.
  • Party B will pay when the goods are delivered.
  • Delivery Date
  • This contract shall be effective until August 31, 2011
  • Headlines of the articles omitted
  • Validity, Modification and Termination of Contract
  • Dispute Settlement
  • Breach of the Agreement
  • Miscellaneous