PE Waste Import Quota Usage Agreement between Fuqing Huanli Plastics Co., Ltd. and Fuqing Guanwei Plastics Industry Co., Ltd.

Summary

Fuqing Huanli Plastics Co., Ltd. allows Fuqing Guanwei Plastics Industry Co., Ltd. to use its PE waste import quota free of charge for 10 years. Party B is responsible for all import costs and must not use the quota for illegal purposes, bearing full responsibility for any misuse. The agreement is effective upon being stamped by both parties, with each retaining a copy.

Read More Arrow
EX-10.10 13 v216754_ex10-10.htm Unassociated Document
AGREEMENT
 
Party A: Fuqing Huanli Plastics Co., Ltd.
 
Party B: Fuqing Guanwei Plastics Industry Co., Ltd.

Party A and B hereby agree on the PE waste import quota base on friendly consultation:
 
1.
Party A agrees Party B to use its PE waste import quota for free
 
2.
The free usage period is 10 years
 
3.
Party B is responsible for all the import cost attached to the PE waste import quota
 
4.
Party B shall not use the PE waste import quota for any illegal purpose or conduct any illegal operations, Party B is solely responsible for any consequences resulted by the usage of the PE waste import quota
 
5.
Two copies of this agreement will be held by each party. The agreement comes into effective once stamped by both parties

Party A: Fuqing Huanli Plastics Co., Ltd. (Corporate sealed)
 
Party B: Fuqing Guanwei Plastics Industry Co., Ltd. (Corporate sealed)

 
November 1, 2008