10.16 Agreement for Sale of Corn between Wenshang County Xingu Grain Reserve Co., Ltd. and Shandong Xiangrui Pharmacy Co., Ltd.
EX-10.16 18 c17382exv10w16.htm EXHIBIT 10.16 Exhibit 10.16
Exhibit 10.16
10.16 Agreement for Sale of Corn between Wenshang County Xingu Grain
Reserve Co., Ltd. and Shandong Xiangrui Pharmacy Co., Ltd.
Reserve Co., Ltd. and Shandong Xiangrui Pharmacy Co., Ltd.
Party A: Wenshang County Xingu Grain Reserve Co., Ltd.
Party B: Shandong Xiangrui Pharmacy Co., Ltd.
| • | General Information |
| • | Pursuant to the contract entered on June 30, 2010, Party B will buy corn of 2800 tons from Party A. |
| • | Fees of the Commodity and Payment Arrangement |
| • | The total fees will be RMB 5,600,000. | ||
| • | Party B shall pay down payment of RMB 100,000 upon signing of contract and pay the rest before the goods are delivered. |
| • | Delivery Date |
| • | nil |
| • | Headlines of the articles omitted |
| • | Validity, Modification and Termination of Contract | ||
| • | Dispute Settlement | ||
| • | Breach of the Agreement | ||
| • | Miscellaneous |
