Lease Agreement for Xuelingxian Crude Medicinal Herbs Standard Planting Base between Anhui Xuelingxian Pharmaceutical Co., Ltd. and Meng Wang Village Committee
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Summary
Anhui Xuelingxian Pharmaceutical Co., Ltd. and the Meng Wang Village Committee have entered into a lease agreement for the use of 8,000 Chinese Mu (about 533 hectares) of land in Meng Wang Village for one year, from January 1, 2010, to December 31, 2010. Anhui Xuelingxian will pay a lease fee of 14.9706 million Yuan, provide seeds, manage planting, and oversee all related activities. The agreement outlines Party A's responsibilities for land selection, technical guidance, and record-keeping. Any issues not covered will be resolved through negotiation between the parties.
EX-10.5 10 v216233_ex10-5.htm Unassociated Document
Lease Agreement of Xuelingxian Crude Medicinal Herbs
Standard Planting Base
Contract No: SCZD 2010-001
Party A: Anhui Xuelingxian Pharmaceutical Co., Ltd.
Party B: Meng Wang Village Committee of Dayang Town of Qiaocheng District in Bozhou City
The two parties have made the agreement for establishing Xuelingxian Crude Medicinal Herbs Standard Planting Base in Meng Wang Village of Dayang Town of Qiaocheng District in Bozhou; and Party A only signs the Lease Agreement of Xuelingxian Crude Medicinal Herbs Standard Planting Base with Party B, and it will not sign the agreement with all the farmers, the detailed content is as follows:
Responsibilities and obligations of Party A:
1. | Take charge of the land selection, design of the implemented plan and guidance of planting technology. |
2. | Investment scope: |
(1) | Land lease fees: 14.9706 million Yuan for one year, from Jan. 1 of 2010 to Dec. 31 of 2010, covering the land area of 8000 Chinese Mu (about 533 hectare). |
(2) | Provide the seeds and planting. |
(3) | Management fees: Including the fees of manual transplant, field management, test observation, seeds harvesting, base management and relevant issues. |
3. | Record management: It shall guarantee that all the test and observation record are real and reliable. |
The unmentioned matters herein will be solved by the negotiation of two parties.
Party A: Anhui Xuelingxian Pharmaceutical Co., Ltd.
Signature:
Date: January 1, 2010
Party B: Meng Wang Village Committee of Dayang Town of Qiaocheng District in Bozhou
Signature:
Date: January 1, 2010
