Sales Contract between Dake (Fujian) Sports Goods Co., Ltd. and Liu Rongguang for Footwear and Rubber Soles
Dake (Fujian) Sports Goods Co., Ltd. agrees to manufacture and deliver various tennis shoes, athletic shoes, and rubber soles to Liu Rongguang, who will provide technical quality standards. The goods must be delivered to Liu Rongguang’s warehouse within two months, with Dake responsible for delivery costs. Payment is due upon delivery and invoicing. If either party breaches the contract, they are liable for legal and related costs. Disputes will be resolved by negotiation or, if necessary, by a local court. Dake guarantees the goods comply with laws and do not infringe intellectual property rights.
Exhibit 10.14
Sales Contract
Party A: Dake (Fujian) Sports Goods Co., Ltd. | Signing place: Jinjiang, Quanzhou |
Party B: Liu Rongguang | Contract No.: D20100803002 |
Signing date: Aug 3, 2010 |
1. Product Name, Model, Quantity, Amount:
Product | Model | Unit | Quantity | Unit Price | Amount | Tax rate | Tax amount | Sum of |
Name | amount | |||||||
Tennis shoes | 40# | Pair | 3824 | 61.2 | 234,018.59 | 17% | 39,783.16 | 273,801.75 |
Tennis shoes | 41# | Pair | 5538 | 61.45 | 340,310.10 | 17% | 57,852.72 | 398,162.82 |
Tennis shoes | 42# | Pair | 7248 | 62.11 | 450,173.28 | 17% | 76,529.46 | 526,702.74 |
Tennis shoes | 43# | Pair | 4521 | 62.87 | 284,235.27 | 17% | 48,320.00 | 332,555.27 |
Athletic shoes | 39# | Pair | 8545 | 62.93 | 537,736.85 | 17% | 91,415.26 | 629,152.11 |
Athletic shoes | 39# | Pair | 10251 | 63.45 | 650,425.95 | 17% | 110,572.41 | 760,998.36 |
Athletic shoes | 39# | Pair | 2245 | 63.99 | 143,657.55 | 17% | 24,421.78 | 168,079.33 |
Athletic shoes | 39# | Pair | 3356 | 64.63 | 216,898.28 | 17% | 36,872.71 | 253,770.99 |
Rubber soles | 36# | Pair | 40215 | 7.82 | 314,481.30 | 17% | 53,461.82 | 367,943.12 |
Rubber soles | 37# | Pair | 32541 | 7.86 | 255,772.26 | 17% | 43,481.28 | 299,253.54 |
Rubber soles | 38# | Pair | 26689 | 7.90 | 210,843.10 | 17% | 35,843.33 | 246,686.43 |
Rubber soles | 39# | Pair | 33684 | 8.05 | 271,156.20 | 17% | 46,096.55 | 317,252.75 |
Total | 178657 | 3,909,708.73 | 664,650.48 | 4,574,359.21 |
2. Party B shall be responsible for providing technical standards for quality requirements; Party A shall produce according to Party Bs quality requirements and specifications and be responsible for the quality issue.
3. Goods delivery place and expense bearing:
Party A shall be responsible for delivering the contracted goods to Party Bs warehouse within 2 months upon this contract signed up and Party A shall be responsible for the incurred delivery expense.
4. Settlement method and term:
(1) After delivering the goods to Party B, Party A shall provide real and valid invoice based on actual amount and Party Bs request.
5. Responsibility of breach:
In accordance with <Economic Contract Law of the PRC>, in case of default by either party, the default party shall not only be responsible for the default obligation by law but also for the incurred expense to realize the obligation by the observant party, the above mentioned expense shall include but not limited to attorney fee, litigation fee and communication expense.
6. Dispute resolution:
Any dispute arising from or in connection with this contract shall be settled through friendly negotiation between the Parties; if no solution is reached through such negotiation, the disputes shall be referred to the People's Court having jurisdiction over the prosecutor's domicile in accordance with the governing law.
7. Miscellaneous:
(1) Party A shall guarantee that the goods provided be in line with national policies and regulations and not infringing others intellectual properties, otherwise any resulted economic and legal obligation shall be Party As responsibility.
(2) Faxed copy contract shall be regarded as with same legal effect to the original copy.
(3) In case of any unaccomplished manners, both parties shall negotiate in a friendly manner.
Party A: Dake (Fujian) Sports Goods Co., Ltd. | Party B: Liu Rongguang |
Address: Chendai Jiangtou Village, Jinjiang | Address: No. 70-71, District 2, Ruijing Shoe |
Market, Tianjing | |
Tel: 0595 85186739 | Tel: 13902088857 |