Transportation Vehicle Lease Agreement between Shandong Ruyin Bio-chemical Co., Ltd. and Xiangrui Pharmacy
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Summary
Shandong Ruyin Bio-chemical Co., Ltd. leases vehicles to Xiangrui Pharmacy for a daily fee of RMB 100 per vehicle plus RMB 1 per kilometer. Xiangrui Pharmacy pays rent monthly, before the 10th of the following month. Ruyin Bio-chemical covers maintenance, insurance, driver, and toll costs. Neither party can end the agreement without the other's consent. The contract also addresses dispute resolution and breach of agreement terms.
EX-10.27 29 c17382exv10w27.htm EXHIBIT 10.27 Exhibit 10.27
Exhibit 10.27
10.27 Transportation Vehicle Lease Agreement between Xiangrui Pharmacy
and Shandong Ruyin Bio-chemical Co., Ltd.
and Shandong Ruyin Bio-chemical Co., Ltd.
Party A (Leasor): Shandong Ruyin Bio-chemical Co., Ltd.
Party B (Leasee): Shandong Xiangrui Pharmacy Co., Ltd.
| • | General Information |
| • | Pursuant to the contract Xiangrui Pharmacy rent vehicles from Runyin Bio-chemical. |
| • | The rent shall be RMB 100 per vehicle and RMB 1 per kilometer for each day. The rent shall be paid once each month. |
| • | The maintenance, insurance, driver and toll cost shall be on Runyin Bio-chemical. |
| • | Xiangrui Pharmacy shall pay the rent before the 10th of next month. |
| • | Either party shall not rescind this agreement without counterpart’s consent. |
| • | Headlines of the articles omitted |
| • | Dispute Settlement |
| • | Breach of the Agreement | ||
| • | Miscellaneous |
