WirePurchase and Sales Contract

EX-10.3 15 v178718_ex10-3.htm
Exhibit 10.3
 

 
Wire Purchase and Sales Contract
 
Supplier: Xingtai Longhai Wire Co.,Ltd
 
Contract Code:
Buyer:
  
Signing Location: Xingtai Longhai
 
1.
Product Name, Trademark, Model, Quantity, Amount:   Signing Date: June.24,2009
 
Product
Name
  
Steel Number
  
Specification
Model
  
Quantity
(Ton)
  
Unit
Price
(Yuan)
  
Amount
(Yuan)
  
Note                                       
Total RMB
                      
The price is the factory price and includes tax, if market changes, prices depend on market conditions.
 
2.
Start to ship on June.24,2009
3.
Quality Requirement and Technology Standard: GB/ ###-###-####.
4.
Trade Method: Buyer is responsible for transport, supplier will help will on site loading, place of delivery is Longhai Steel and Iron Co.
5.
Transport and Expense: Buyer shall pay shipping fee.
6.
Calculating Method of Reasonable Loss: Based on weight, pound difference of 3‰.
7.
Acceptance Method: Load the vehicle after acceptance.
8.
Objection Period: All disputes must be reported within 3 days.
9.
Settlement Method and Period: Delivery against the payment, issue VAT invoice.
10.
Liability for Breach of Contract: To be determined by contract law.
11.
Contract Dispute Resolution Method: Amicable consultation by both parties, otherwise according to arbitration body in signing location.
12.
Other Agreed Items: The contract is effective from signing date, if its price needs to be changed when market change, then both parties should sign an additional contract.  For all matters not mentioned herein, negotiated by both parties hereto.
13.
Other Agreed Items: Contract fax is effective.

Supplier
  
Buyer
Company Name: Xingtai Longhai Wire Co.,Ltd
 
Company Name:
Company Address: No.1 Jingguang Road, Neiqiu County
 
Company Address:
Legal Representative: Chaojun Wang
 
Legal Representative:
Assignee:
 
Assignee:
Tel: 0319 ###-###-####
 
Tel:
Opening Bank:
 
Opening Bank:
Account:
 
Account:
Zip code: 054200
 
Zip code: