Supplemental Processing Agreement between Henan Jianyida Industrial Co., Ltd. and Zhongping Energy & Chemical Group Hongrui New Construction Materials Co., Ltd. (February 25, 2015)

Summary

Henan Jianyida Industrial Co., Ltd. and Zhongping Energy & Chemical Group Hongrui New Construction Materials Co., Ltd. have agreed to extend their existing processing agreement for one additional year, from March 1, 2015 to March 1, 2016. All other terms of the original agreement remain unchanged. The agreement is effective upon signature by both parties, and any unresolved matters will be settled through negotiation.

EX-10.22 7 f10k2015ex10xxii_yulongeco.htm ENGLISH TRANSLATION OF PRODUCT PROCESSING AGREEMENT BETWEEN YULONG BRICKS AND ZHONGPING NENGHUA GROUP HONGRUI NEW CONSTRUCTION MATERIALS CO., LTD., DATED FEBRUARY 25, 2015

Exhibit 10.22

 

Supplemental Processing Agreement

 

Client (hereafter “Party A”): Henan Jianyida Industrial Co., Ltd.
   
Contractor (hereafter “Party B”): Zhongping Energy & Chemical Group Hongrui New Construction Materials Co., Ltd.

 

Based on negotiations, the parties hereby supplement the Processing Agreement they entered into on January 8, 2011, as follows:

 

1.On the basis of the above referenced Processing Agreement, the term is extended for one year from March 1, 2015 to March 1, 2016.

 

2.All other terms of the Processing Agreement shall remain in effect from the execution of this Supplemental Agreement.

 

3.This Agreement is executed into two original duplicates. This Agreement shall take effect upon execution of authorized representatives of the parties. Each party shall retain one duplicate.

 

4.The parties shall negotiate to resolve any unsettled matters.

 

Party A: [Seal]   Party B: [Seal]
Signature: /s/ Hui Li   Signature: /s/ Qimin Cheng
Date: February 25, 2015   Date: February 25, 2015