Feed Purchase Contract
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EX-10.21 17 v127498_ex10-21.htm
Exhibit 10.21
Feed Purchase Contract
Party A: Weifang Taihong Feed Co., Ltd
Party B: Weifang Yuhe Poultry Co., Ltd
This contract is signed on a friendly negotiation and equality basis by and between the aforementioned parties:
1, | Party B shall buy all necessary feed from Party A; Party A shall offer a preferential price for Party B. |
2, | Party A shall provide feed in accordance with the nutrient demands of Party B’s flocks. Party B has the right to test the nutrient ingredients Party A’s provided feed. |
3, | Term of this contract: During the term from January 1 st , 2006 to December 31st, 2008, Party B shall place purchase orders in accordance with its operating demands. |
4, | Place: Weifang Taihong Feed Co., Ltd |
5, | Delivery of feed: Party A shall deliver the feed to appointed breeding farms of Party B. |
6, | Payment: The feed shall be paid for in cash or through the banking system. |
7, | Violations of this contract: In the event that Party A fails to provide feed in due time, which leads to Party B’s great loss, Party A should compensate for Party B’s losses by deducting the losses from payments of the feeds. Should Party B violates any provisions of this contract, party A can at any time stop the feed supply, or revoke this contract. |
8, | This contract shall come into effectiveness after signature by both parties. This contract is made in two original copies, with one to be held by each party. |
Party A: Weifang Taihong Feed Co., Ltd
Representatives: Wang Jianbo
Party B; Weifang Yuhe Poultry Co., Ltd
Representatives: Han Chengxiang
Date: January 1 st , 2006