Steam Purchase Agreement between Shandong Runyin Bio-chemical Co., Ltd. and Shandong Xiangrui

Summary

This agreement is between Shandong Runyin Bio-chemical Co., Ltd. (the supplier) and Shandong Xiangrui (the purchaser). Under the contract, Shandong Runyin will supply steam to Shandong Xiangrui at a price of RMB 113 per ton. The agreement is effective from January 1, 2009, to December 31, 2014. Shandong Xiangrui must pay for the steam by the 5th of the following month. The contract also includes terms for dispute resolution and breach of agreement.

EX-10.40 4 c22033exv10w40.htm EXHIBIT 10.40 Exhibit 10.40
Exhibit 10.40
10.40 Steam Purchase Agreement between Shandong Xiangrui and
Shandong Runyin Bio-chemical Co., Ltd.
Party A (the Supplier): Shandong Runyin Bio-chemical Co., Ltd.
Party B (the Purchaser): Shandong Xiangrui
 
General Information
   
Pursuant to the agreement Shandong Runyin Bio-chemical Co., Ltd. shall supply steam to Shandong Xiangrui.
 
   
The price shall be RMB 113 per ton.
 
   
The term shall be from January 1, 2009 to December 31, 2014.
 
   
Shandong Xiangrui shall pay the price before 5th of the next month.
 
Headlines of the articles omitted
   
Dispute Settlement
 
   
Breach of the Agreement
 
   
Miscellaneous