Industrial Product Sales Contract between Shandong Haize Nanomaterials Co., Ltd and Dalian Jinyuan Building Materials & Plastics Co., Ltd (June 2005)

Summary

This contract is between Shandong Haize Nanomaterials Co., Ltd (Seller) and Dalian Jinyuan Building Materials & Plastics Co., Ltd (Buyer) for the sale of 2,400 tons of nanometre calcium carbonate over one year, from June 2005 to June 2006. The Seller will deliver 200 tons monthly to the Buyer's warehouse, with payment by bank draft. The Seller covers transportation costs. Quality and packing standards are specified, and disputes are to be resolved through discussion, mediation, or court if necessary.

EX-10.36 37 zec8kex1036033106.txt INDUSTRIAL PRODUCT SALES CONTRACT Exhibit 10.36 SALES CONTRACT OF INDUSTRIAL PRODUCTS NO.: SIGNED AT: Tai'an DATE: June 19, 2005 This contract is made and entered into by and between Shandong Haize Nanomaterials Co., Ltd (hereinafter referred to as the Seller) and Dalian Jinyuan Building Materials & Plastics Co., Ltd (hereinafter referred to as the Buyer); whereby the Seller agree to sell and the Buyer agree to buy the commodity mentioned in this contract subject to the terms and conditions stipulated below: Article 1: Object, Quantity, Price and Date of Delivery NAME OF COMMODITY: Nanometre Calcium Carbonate Trademark: Sheng Ke Specification: 601 Manufacturer: Shandong Haize Nanomaterials UNIT: ton QUANTITY: 2,400 UNIT PRICE: RMB 3,770 yuan TOTAL AMOUNT: RMB 9,048,000.00 (nine million, forty eight thousand) yuan DATE OF DELIVERY: From June 2005 to June 2006, 200 tons each month Article 2: QUALITY STANDARD Be subject to the Q/VLT 2000 Enterprise Standard. Article 3: PACKING STANDARD AND THE PROVISION AND RECOVERY OF PACKINGS: Outer packed with brown paper bag and inner packed with plastic bag. Article 4: STANDARD FOR REASONABLE WEAR AND TEAR AND COMPUTING MODE: The quantity shall be based on the quantity accepted and put in the storage by the Buyer. Article 5: MEANS AND PLACE OF DELIVERY: The Buyer's warehouse. Article 6: MODE OF TRANSPORAT AND DESTINATION AND COST ALLOCATION: By road; the Seller shall pay the cost. Article 7: STANDARD, METHOD, and PLACE AND TIME LIMIT OF INSPECTION: The inspection will be done in accordance with agreed standards, and if there is any objection, it will be made clear to the other party within 15 days. Article 8: METHOD, TIME AND PLACE OF PAYMENT: By bank draft Article 9: TERMINATION OF THIS CONTRACT: In case of being unable to perform this Contract under special circumstances. Article 10: METHOD OF SETTLING THE DISPUTE OVER THE CONTRACT: IN THE PERFORMING OF THIS CONTRACT, IF ANY DISPUTE ARISES, THE TWO PARTIES SHALL SETTLE IT THROUGH FRIENDLY DISCUSSIONS; THE DISPUTE CAN ALSO BE MEDIATED BY THE LOCAL INDUSTRIAL AND COMMERICAL ADMINISTRATION; IF NO SETTLEMENT COMES FROM THE DISCUSSIONS OR MEDIATATIONS, THE DISPUTE SHALL BE SETTLED BY LAWSUITS THROUGH THE PEOPLE'S COURT. Article 11: THIS CONTRACT SHALL BECOME EFFECTIVE after having been officially signed by the two parities. Article 12: MISCELLANEOUS: The contract period is one full year, starting from June 19, 2005 and ending on June 19, 2006. THE SELLER: THE BUYER: Shandong Haize Nanomaterials Co., Ltd Dalian Jinyuan Building Materials & Ltd Plastics Co., /s/ Ma Zhaowei /s/ Wang Tao - ------------------------------------- ----------------------------------- AUTHORISED SIGNATURE AUTHORISED SIGNATURE