Purchase Order Agreement between Shenzhen AIVtech Co., Ltd. and ChaoYa Furniture Co., Ltd. (December 21, 2010)

Summary

Shenzhen AIVtech Co., Ltd. agrees to sell 1,160 FL-0001 speaker power transformers to ChaoYa Furniture Co., Ltd. at a price and delivery date to be determined by mutual agreement. Both parties are responsible for fulfilling the contract, and any party that breaches the agreement will be held liable. The contract was signed on December 21, 2010, and is governed by the Contract Law of the People’s Republic of China.

EX-10.7 7 fs12011ex10vii_aivtech.htm CHAOYA PURCHASE ORDER fs12011ex10vii_aivtech.htm
Exhibit 10.7
 
Purchase Order
 

 
Seller: Shenzhen AIVtech Co., Ltd.
 
Address: 1305 East, Hightech Plaza, Phase 2, Tian'An Cyber Park, FuTian District, ShenZhen City, GuangDong Province, China.
 
Buyer: ChaoYa Furniture Co., Ltd.
 
Address: FanTan Industrial Park, An’Ji, ZheJiang Province, China 313300
 

Pursuant to the Contract Law of the People’s Republic of China, the seller and the buyer mutually agree as follows:
 
 
Contract date:  December 21, 2010
 
Product:  FL-0001 (speaker power transformer)
 
Quantity: 1160
 
Price: Subject to the agreed price
 
Delivery time: Subject to the agreed date
 
Other terms:  Any party that breaches the contract shall be responsible.
 

 
 Seller    Buyer
   
 Shenzhen AIVtech Co., Ltd.     ChaoYa Furniture Co., Ltd.
   
   
 Date:  December 21, 2010   Date:  December 21, 2010