ShanghaiBaby-Fox Fashion Co., Ltd. Purchaseand Sales Contract

Contract Categories: Business Operations - Sales Agreements
EX-10.2 10 v138808_ex10-2.htm
Shanghai Baby-Fox Fashion Co., Ltd.
Purchase and Sales Contract

The Seller: Changzhou CTS Fashion Co., Ltd.
Contract NO.:
The Buyer: Shanghai Baby-Fox Fashion Co., Ltd.
Location: Changzhou 
 
Date: February 10th, 2008

1.
Product Number, Fabric Components, Quantity, Selling price and Amount.

Contract No.
 
Product No.
   
Description
   
Quantity
   
Unit
Price
   
Total Amount
 
Note
BFC-804261C
 
HA0804261
   
Middle-Sleeve-Shirt
      3,072     99.60     305,971.20    
BFC-804372C
 
HA0804372
   
Short-Sleeve-Shirt
      110     59.60     6,556.00    
……
 
……
   
……
   
……
   
……
     
……
   
Total
                  138,993             11,385,186.80    

2.
Quality Requirements:
1) The seller should produce strictly the same products as confirmed samples which are requested by the buyer;
2) The products should be produced in accordance with National Standards.
3.
Supply of accessorial materials: The seller is responsible for providing any accessorial materials.
4.
Technology requirement: In accordance with confirmed samples;
5.
Delivery time: June 30, 2008
6.
Delivery location: The finished product storehouse of Changzhou E.I.S Garment Co., Ltd.
7.
Transport method and transport expenses to the destination: Chosen and paid by the seller.
8.
Acceptance standard and solutions: Buyers only accept the products which go accordance with the confirmed samples and buyers only ship the products which are approved by the buyer’s quality control director. If the quality doesn’t meet buyer’s requirements, the buyer has the right to return and get the cash back at the original pricing rate.
9.
Payment method and terms:
1)Before producing big goods, the buyer should pay an earnest of 30% of the goods.
2)Before shipping big goods, the buyer should pay another 60%, when the goods arrive, the buyer should pay the rest of total amount.
10.
Breach of contract responsibilities: if the seller delays the delivery, the buyer has the right to take out 3% of the total payment every day as a Breach Penalty, Etc. If the buyer pays later than three days of the expected payment day, the seller has the right to charge extra 3% of the total payment each day as a Breach Penalty. (When meeting special circumstances, both parties resolve through consultation.)
11.
The method of resolving contract disputing: if there is any disputing happening during this contract is executed, both parties resolve through consultation. If not, one party could sue at law of the People's Court at the signed place.

 
 

 

12.
On the seller’s ready-to-wear clothes invoice, it should include the accessorial materials price.

This contract shall be provided in two copies, with each party holding one copy and issues uncovered by this contract shall be negotiated by both parties.

The seller:  Changzhou CTS Fashion
The buyer: Shanghai Baby-Fox Fashion 
 Co., Ltd.
Co., Ltd.
Location: Changzhou 
Location: Shanghai
   
Corporate Representative:
Corporate Representative:
   
Authorized proxy:
Authorized proxy:
   
Phone NO.: 0519 ###-###-####
Phone NO.: 021-54153855
   
Bank Account: Bank of China
Bank Account: Agricultural Bank of China
   
Account NO.: 429087830217158428091001
Account NO.: 03404600040025948