Sales Contract between Shandong Zhidali Industrial Co., Ltd. and Beijing Xinlianyu Technology Co., Ltd. dated August 14, 2010

Contract Categories: Business Operations › Sales Agreements
Summary

Shandong Zhidali Industrial Co., Ltd. (the buyer) and Beijing Xinlianyu Technology Co., Ltd. (the supplier) entered into a contract for the purchase of 500 chips for remote controls at a total price of ¥995. The contract specifies that payment is due upon delivery, quality must meet technical specifications, and both parties are bound by the Economic Contract Law. The agreement is valid until December 31, 2011, and becomes effective upon signature by both parties.

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EX-10.12 14 f8k021111ex10xii_kurrant.htm AGREEMENT BETWEEN SHANDONG ZHIDALI INDUSTRIAL CO. LTD. AND BEIJING XINLIANYU TECHNOLOGY CO., LTD., DATED AUGUST 14, 2010. f8k021111ex10xii_kurrant.htm
Exhibit 10.12
 
Sales Contract
 
Purchaser (Party A): Shandong Zhidali Industrial Co., Ltd. Contract Signed Location: Beijing
Supplier (Party B): Beijing Xinlianyu Technology Co., Ltd. Contract Signed Date: 08/14/2010
(Collectively, the “parties”)  
 
    Upon negotiation, the parties have agreed to the following terms:
 
Name
Model
Unit
Amount
Unit Price ￥
Total Price￥
Delivery Date
Chips for Remote
V9-RMC8702B
Pieces
500
1.99
995
  
The following is left blank
            
             
Total Purchase Price
  ￥995.00

1.  
Quality Inspection and Acceptance: Follow the technology Specifications
2.  
Requirements for Supplier and Raw Materials:
3.  
Requirements for Packing and Costs:
4.  
Delivery Manner, Location and Costs:
5.  
Payment Settlement and Time: Payable upon Delivery
6.  
Liabilities: Follow the Economic Contract Law
7.  
Miscellaneous:
8.  
This Contract shall executed in two copies with one copy to each party (faxed copy shall deem original) and shall be effective upon the parties’ signatures.

Valid Through: 12/31/2011

Purchaser [Seal]
  
Supplier [Seal]
Name: Shandong Zhidali Co., Ltd.
  
Name: Beijing Xinlianyu Technology Co., Ltd.
Address: Zhidali Technology Zone, 1 Zhidali Road, Economy Development Zone, Tengzhou City, Shandong Province
  
Address: 2 Shang’ao Shijizhongxin, Bldg A, Ste. 1601, Xisanqi, Changping District, Beijing
Corporate Representative:
  
Corporate Representative:
Agent:
  
Agent:
Tel.:
  
Tel.: (86)1-(illegible)
Fax: 0632 ###-###-####
  
Fax: (illegible)
Bank:
  
Bank: China Agricultural Bank Changping District Branch Xisanqi Office
Bank Account:
  
Bank Account: 11-082201040031622
Zip Code:
  
Zip Code: 10096
[Corporate Seal ]
  
[Corporate Seal-Seal for Contract Only]