Sales Contract Between Anhui Hummer Dynamo Co., Ltd and Greenwind Nrg Inc for Wind Generator Systems

Summary

Anhui Hummer Dynamo Co., Ltd (Seller) and Greenwind Nrg Inc (Buyer) agree to the sale of three wind generator systems, including equipment and batteries, for a total price of $32,698. The Buyer must pay 30% in advance and the remaining 70% before delivery, with shipment by sea within 20 working days after deposit. The Buyer is responsible for insurance and must sign and return the contract promptly. Disputes will be resolved by arbitration in Beijing. The contract includes provisions for claims, force majeure, and acceptance of terms.

EX-10.1 4 ex10-1.txt Exhibit 10.1 SALES CONTRACT(S/C) No: FN1011I-068 The Seller: The Buyer: Anhui Hummer Dynamo Co., Ltd Greenwind Nrg Inc President :James Sammon Lujiang Industry Park, Anhui province, China Date: 15-Nov-10 Marketing Center: Room 2904, 53 Building, Jindi International City, No.88 South of Maanshan Road , Hefei ,China Spur Hill, Doughcloyne Togher, Cork , Ireland TEL: 86 ###-###-#### ###-###-#### FAX: 86 ###-###-#### Signed at: Hefei, China The undersigned Seller and Buyer have agreed to conclude the following transaction on terms and conditions as specified below: COMMODITY, SPECIFICATION QUANTITY(SET) UNIT PRICE TOTAL VALUE ------------------------ ------------- ---------- ----------- Wind Generator FOB SHANGHAI H6.4-5000W (complete kits for 5KW off grid wind generator system with free standing tower and 20PCS 12V 200Ah AGM battery) 1 US$15,052.00 US$15,052.00 H6.4-5000W (complete kits for 5KW off grid wind generator system with hydraulic tower and 20PCS 12V 200Ah AGM battery) 1 US$16,954.00 US$16,954.00 H2.7-500W (complete kits for 500W off grid wind generator system with guyed tower) 1 US$692.00 US$692.00 Total 3 US$32,698.00 1. Shipment: By sea 2. Packing: Nylon bags for free stanidng tower and hydraulic tower, other parts are packed with plywood crates. 3. Payment: 30% T/Tin advance ,the other 70% balance will be paid before delivery 4. Delivery time: 20 working days after deposit is received 5. Time of payment: Within one week after SC is been signed 6. Insurance: to be effected by the buyer Remarks: 1 The Buyer shall execute this S/C before the above-stipulated time(See Article 6), failing which the Seller reserves the right to rescind without further notice, or to accept whole or any part of this S/C non fulfilled by the Buyer, or to lodge a claim for direct losses sustained, if any. 2 Quantity /Quality discrepancy: In case of quantity or quality discrepancy, claim should be filed by the Buyer within 15 days or 30 days respectively after the arrival of the goods at port of destination. In case of quality discrepancy, the inspection certificate issued by an international surveyor or its agent (or representative) is requested together with the claim by the Buyer. All charges and costs of such inspection and certificate should be borne by the Buyer. 3 All disputes arising from the execution of, or in connection with this S/C, shall be settled amicably through friendly negotiation. In case no settlement can be reached through negotiation, the case shall then be subnitted to China International Economic and Trade Arbitration Commission in Beijing for arbitration. The arbitral award is final and binding upon both parties. 4 The Seller shall not be held liable for failure or delay in delivery of the entire lot or a portion of the goods under this S/C in consequence of any Force Majeure incidents. 5 The Buyer is requested immediately after receipt of this S/C to sign and return its copy. Objection, if any, should be raised by the Buyer within five days after the receipt of this S/C, in the absence of which it is understood that the Buyer has accepted the terms and conditions of this S/C. 6 This S/C is to be effective to the Seller on the condition that it is duly signed by the Seller's legal person or his authorized agent acting within the scope permitted, and applied with the seal of Anhui Hummer Dynamo Co.,Ltd (The Seller) (The Buyer)