Fish Pond Rights Agreement between Harbin Tianmu Pharmaceuticals Company Limited and Li Shuai
Summary
Harbin Tianmu Pharmaceuticals Company Limited (Party A) and Li Shuai (Party B) have agreed that Party B will have rights to use a fish pond in Yanshou county, Heilongjiang province, China, for 20 years from March 30, 2011, to March 29, 2031. Party A will pay RMB 5,500,000 in installments for these rights. Party B is responsible for the development and management of the fish pond, while Party A will not pay any additional fees during the agreement. If the land is acquired during the term, Party B must compensate Party A for any economic losses.
EX-10.13 19 v228607_ex10-13.htm Unassociated Document
Exhibit 10.13
Supplementary Agreement
Party A Harbin Tianmu Pharmaceuticals Company Limited
Party B Li Shuai
After negotiations, Both parties agree the following terms:
1. | The fish pond locates at Yanshou county, Heilongjiang province, China |
2. | Party B will have the rights for the fish pond for 20 years( from March 30, 2011 to March 29, 2031). The total payment is RMB 5,500,000. Party A shall pay the total amount in installment after sign the agreement. |
3. | Party B shall respect the rights of Party A, the development and measurement for the fish pond belong to Party B |
4. | Party A shall not pay any other fees during the agreement period |
5. | During the agreement period, if land acquisition occurs, party B shall pay Party A the economic loss and expected economic loss for unfulfilled agreement period. |
Party A Harbin Tianmu Pharmaceuticals Company Limited
Party B Li Shuai