English Translation of Sales Contract, dated August 3, 2010, between Dake Sport Goods Co., Ltd and Liu Rongguang

EX-10.14 17 exhibit10-14.htm EXHIBIT 10.14 Lansdowne Security, Inc.: Exhibit 10.14 - Filed by newsfilecorp.com

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 B’s 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 B’s 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 B’s 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 A’s 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