Contract of Purchases and Sales of Products

Contract Categories: Business Operations - Sales Agreements
EX-10.11 2 dex1011.htm SUPPLY AGREEMENT, DATED OCTOBER 1, 2008, Supply Agreement, dated October 1, 2008,

EX-10.11

Contract of Purchases and Sales of Products

Party A: Tianjin Daxing Import & Export Trade Co., Ltd.

Party B: Liaoning Joway Technology Engineering Co., Ltd.

On the principle of cooperation and win-win results on the basis of fairness, honesty, trust, equal cooperation and mutual benefit, Party A and Party B reach the following consensus through full consultations with respect to Party B’s authorization to Party A as procurement agent of control valves (multiport valves) in accordance with the Contract Law of the People’s Republic of China and its related laws.

1. Product

 

No.

  

Product Name

  

Specification

  

Unit

  

Unit Price

( Tax

Included)

    

Quantity

    

Amount

(Yuan)

 
1    Manually Operated Valve    F56E1-1    set         
2    Water Distributor    General    set         
3    Central Tube    F27mm    piece         
4    Water Cylinder    F365mm    piece         
6    Reducing Valve    4kg    piece         
Total

Amount

                 

2. Mode

Party B entrusts Party A with commodity purchases. Due to price changing with the market, the current settlement price including VAT and freight is determined via bilateral negotiation.

3. After-Sales Quality and Service

The shelf life of the products supplied by Party A to Party B is 1 year (which can be extended to 18 months depending on the date code in valve body). Party A shall change for new products or provide maintenance accessories free of charge (returning products through logistics ,excluding express delivery) in case there is any defect or quality problem resulting from products manufacturing in the warranty period. Party A shall provide free maintenance on the products beyond the warranty period or product defects caused by improper use of party B (the third party), but spare parts and in-transit freight shall be settled separately. Business involving returning goods shall be confirmed via faxes with reasons indicated; otherwise it shall not be done.

4. Arbitration

Any disputes arising from the performance of the contract between both parties that cannot be settled via negotiation on the principle of amicable consultations shall be submitted to the arbitration authority in Tianjin.

5. This contract is executed in duplicate, one for each, and shall enter into force after being signed and sealed by both parties. This contract shall take effect as of October 1, 2008 and shall expire on September 30, 2009.

Party A: Tianjin Daxing Import & Export Trade Co., Ltd.

/Stamp/ Tianjin Daxing Import & Export Trade Co., Ltd.

Attorney:

Address: No.8 Huatiandao Road, Tianjin


Party B: Liaoning Joway Technology Engineering Co., Ltd.

/Stamp/ Liaoning Joway Technology Engineering Co., Ltd.

Attorney:

Address: Clothing Park, Shaling Town, Yuhong District, Shenyang


Order List

 

Date: February 25, 2009    Serial number: 20090201

 

Supplier: Tianjin Daxing Import & Export Trade Co., Ltd.        
 
Delivery
place:
  
  
    

 

 

Clothing Park, Shaling Town,

Yuhong District,

Shenyang City

No.

  

Product

  

Specification

  

Unit

   Quantity      Unit Price
(yuan)
     Amount
(yuan)
    

Arrival Date

  

RMKS

1    Water Cylinder    F365mm    Piece      40         1450.00         58000.00       February 6, 2009   
2    Water Cylinder    F365mm    Piece      40         1450.00         58000.00       February 25, 2009   
3                        
4                        
5                        
6                        
7                        
8                        
                             
   Total in RMB:    One hundred and sixteen thousand only         116000.00         

 

Authorized Signature and Stamp     Authorized Signature and Stamp
For and on behalf of the Supplier     For and on behalf of the Buyer
/Stamp/ Tianjin Daxing Import & Export Trade Co., Ltd.     /Stamp/ Liaoning Joway Technology Engineering Co., Ltd.
/s/ Zhang Wenxue     /s/ Feng Yanli


Order List

 

Date: March 25, 2009    Serial number: 20090301

 

Supplier: Tianjin Daxing Import & Export Trade Co., Ltd.        
 
Delivery
place:
  
  
    

 

 

Clothing Park, Shaling Town,

Yuhong District,

Shenyang City

No.

  

Product

  

Specification

  

Unit

   Quantity      Unit Price
(yuan)
     Amount
(yuan)
    

Arrival Date

  

RMKS

1    Single Pipe Filters       Piece      196         290.00         56840.00       March 8, 2009   
2                        
3                        
4                        
5                        
6                        
7                        
8                        
                             
   Total in RMB:    Fifty-six thousand eight hundred and forty only         56840.00         

 

Authorized Signature and Stamp     Authorized Signature and Stamp
For and on behalf of the Supplier     For and on behalf of the Buyer
/Stamp/ Tianjin Daxing Import & Export Trade Co., Ltd.     /Stamp/ Liaoning Joway Technology Engineering Co., Ltd.
/s/ Zhang Wenxue     /s/ Feng Yanli


Order List

 

Date: April 25, 2009    Serial number: 20090401

 

Supplier: Tianjin Daxing Import & Export Trade Co., Ltd.        
 
Delivery
place:
  
  
    

 

 

Clothing Park, Shaling Town,

Yuhong District,

Shenyang City

No.

  

Product

  

Specification

  

Unit

   Quantity      Unit Price
(yuan)
     Amount
(yuan)
    

Arrival Date

  

RMKS

1    Water Cylinder    F365mm    Piece      40         1450.00         58000.00       April 8, 2009   
2    Reducing Valve    4kg    Piece      100         115.00         11500.00       April 14, 2009   
3    Water Distributor       Set      141         60.00         8460.00       April 17, 2009   
4                        
5                        
6                        
7                        
8                        
                             
   Total in RMB:    Seventy-seven thousand nine hundred and sixty only         77960.00         

 

Authorized Signature and Stamp     Authorized Signature and Stamp
For and on behalf of the Supplier     For and on behalf of the Buyer
/Stamp/ Tianjin Daxing Import & Export Trade Co., Ltd.     /Stamp/ Liaoning Joway Technology Engineering Co., Ltd.
/s/ Zhang Wenxue     /s/ Feng Yanli


Order List

 

Date: May 25, 2009    Serial number: 20090501

 

Supplier: Tianjin Daxing Import & Export Trade Co., Ltd.    Delivery
place:
    

 

 

Clothing Park, Shaling Town,

Yuhong District,

Shenyang City

No.

  

Product

  

Specification

  

Unit

   Quantity    Unit Price
(yuan)
   Amount
(yuan)
    

Arrival Date

  

RMKS

1    Water Cylinder    F365mm    Piece    40    1450.00      58000.00       May 8, 2009   
2    Single Pipe Filters       Piece    150    290.00      43500.00       May 13, 2009   
3                        
4                        
5                        
6                        
7                        
8                        
                             
   Total in RMB:    One hundred and one thousand and five hundred only      101500.00         

 

Authorized Signature and Stamp     Authorized Signature and Stamp
For and on behalf of the Supplier     For and on behalf of the Buyer
/Stamp/ Tianjin Daxing Import & Export Trade Co., Ltd.     /Stamp/ Liaoning Joway Technology Engineering Co., Ltd.
/s/ Zhang Wenxue     /s/ Feng Yanli


Order List

 

Date: July 25, 2009    Serial number: 20090701

 

Supplier: Tianjin Daxing Import & Export Trade Co., Ltd.    Delivery
place:
    

 

 

Clothing Park, Shaling Town,

Yuhong District,

Shenyang City

No.

  

Product

  

Specification

  

Unit

   Quantity    Unit Price
(yuan)
   Amount
(yuan)
    

Arrival Date

  

RMKS

1    Water Distributor       Set    141    56.00      7896.00       July 3, 2009   
2    Reducing Valve    4kg    Piece    675    110.00      74250.00       July 10, 2009   
3                        
4                        
5                        
6                        
7                        
8                        
                             
   Total in RMB:    Eighty-two thousand one hundred and forty-six only      82146.00         

 

Authorized Signature and Stamp     Authorized Signature and Stamp
For and on behalf of the Supplier     For and on behalf of the Buyer
/Stamp/ Tianjin Daxing Import & Export Trade Co., Ltd.     /Stamp/ Liaoning Joway Technology Engineering Co., Ltd.
/s/ Zhang Wenxue     /s/ Feng Yanli