Sales Contract of Shanghai High Definition Technology Industrial Co., Ltd.
EX-10.18 20 f8k021111ex10xviii_kurrant.htm AGREEMENT BETWEEN SHANDONG ZHIDALI INDUSTRIAL CO. LTD. AND SHANGHAI HIGH DEFINITION TECHNOLOGY INDUSTRIAL CO., LTD, DATED DECEMBER 3, 2010. f8k021111ex10xviii_kurrant.htm
Exhibit 10.18
Sales Contract of Shanghai High Definition Technology Industrial Co., Ltd.
Contract #: SH10120101
| Supplier: Shanghai High Definition Technology Industrial Co., Ltd. (“HDTI”) | Purchaser: Shandong Zhidali Industrial Co., Ltd. (“Zhidali”) | |
| Company’s Name: HDTI Tax ID: 310104749292949 Address: 1018 East Sanliqiao Road, Pudong New District, Shanghai Tel/Fax: 021-61871158 Bank: China Industrial and Commercial Bank Caohejin Development Zone Branch Bank Account: 1001266319200087156 Zip code: 200125 | Company’s Name: Zhidali Tax ID: 370481672204284 Address: 1 Zhidali Road, Economy Development Zone, Tengzhou City, Shandong Province Tel/Fax: 0632 ###-###-#### ###-###-#### Bank: China Industrial and Commercial Bank Tengzhou City Branch Bank Account: 1605003109200334240 Zip code: 277500 |
| Unless otherwise agreed, the purchase price shall be made in ￥RMB and the parties shall follow the clauses in this Agreement: | |||||
| # | Name | Model | Quantity | Unit | Price (include sales tax) |
| 1 | Modem Chips | HD2812 | 27,000 | Pieces | ￥17.98 |
| Total: RMB ￥485,460 | |||||
| 1. | Technology/Quality Standards: shall follow the Technology Agreement, Quality Agreement and Sample Quality Standards agreed to by the parties. |
| 2. | Guaranty: provide the services of repair, exchange and return within one (1) year from the date of sales. |
| 3. | Quality Inspection, Methods and Grace Period: the Purchaser shall conduct the quality inspection within 5 business days upon receipt of the delivery in the way agreed to by the parties; failure to conduct the inspection as above will be deemed as approval of quality upon inspection. |
| 4. | Packing: the products shall be packed in a solid, anti-quake/slip/damp way suitable for long distance delivery. |
| 5. | Delivered Place: the Purchaser shall desire the place for delivery within the territory of China (upon the parties’ agreement) and the costs for delivery and package shall be paid by Supplier. |
| 6. | Delivery Time: within 3 business days upon the receipt of purchase price on Supplier’s bank account, Supplier shall deliver the orders in accordance with the fax order received from the Purchaser. |
| 7. | Fee Settlement: The purchase price shall be fully paid on or before 01/10/2011. |
| 8. | Miscellaneous: this Agreement shall be executed upon the following signatures and seals in two copies. The fax shall be deemed as of same effect as this Agreement. |
| Supplier: HDTI [Corporate Seal- Seal for Contracts Only] 12/03/2010 | Purchaser: Zhidali [Corporate Seal- Seal for Contracts Only] 12/03/2010 [signature] |
