Sales Contract Between Shandong Zhidali Industrial Co., Ltd. and Beijing Xinlianyu Technology Co., Ltd. Dated October 27, 2010

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Summary

This agreement is a sales contract between Shandong Zhidali Industrial Co., Ltd. (the purchaser) and Beijing Xinlianyu Technology Co., Ltd. (the supplier), signed on October 27, 2010. The contract covers the purchase of 1,000 Top-Box V3-7011016205 units for a total price of ¥185,000. Payment terms require a 30% deposit, 60% upon delivery, and the remaining 10% within one year. The contract is valid through December 31, 2011, and becomes effective upon signature by both parties.

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EX-10.14 16 f8k021111ex10xiv_kurrant.htm AGREEMENT BETWEEN SHANDONG ZHIDALI INDUSTRIAL CO. LTD. AND BEIJING XINLIANYU TECHNOLOGY CO., LTD., DATED OCTOBER 27, 2010. f8k021111ex10xiv_kurrant.htm
Exhibit 10.14
 
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: 10/27/2010
(Collectively, the “parties”)
  

    Upon negotiation, the parties have agreed to the following terms:
 
Name
Model
Unit
Amount
Unit Price ￥
Total Price￥
Delivery Date
Top-Box
V3-7011016205
Pieces
1,000
185.00
185,000.00
  
The following is left blank
            
             
Total Purchase Price
￥185,000.00

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: Party A shall deposit 30% of the total purchase price and the 60% of the total purchase price shall be payable upon delivery; the balance of 10% of the total purchase price shall be paid within one (1) year.
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]