Common use of Responsibility of Party A Clause in Contracts

Responsibility of Party A. (1) To perform all sales, transfers and lease under this Agreement. (2) To promptly open or designate an account as the Entrusted Account. (3) To handle all matters and procedures necessary for the entrusted management arrangement between Party A and Party B. (4) To assist Party B to complete its registration with the custom office, tax authority, foreign currency administration and bank. (5) To assist Party B to complete any required procedures when Party B purchase Party A’s shares or assets in accordance with the Exclusive Option Agreement. (6) To assist Party B to expand the channels of raw materials and sales. (7) To assist Party B to employ the current personnel of Party A and, if Party B desires to employ more employees, additional employees from the job market. (8) To assist Party B to purchase manufacturing equipment, transportation vehicles, office supplies and communication equipment. (9) To assist Party B to obtain the preferential taxes or other special treatment permitted by the laws of PRC. (10) To comply with the provisions of this Agreement.

Responsibility of Party A. (1) To perform all sales, transfers and lease under this Agreement. (2) To promptly open or designate an account as the Entrusted Account. (3) To handle all matters maters and procedures necessary for the entrusted management arrangement between Party A and Party B. (4) To assist Party B to complete its registration with the custom office, tax authority, foreign currency administration and bank. (5) To assist Party Part B to complete any required procedures when Party B purchase acquires Party A’s shares or assets A in accordance with the Exclusive Option Agreement. (6) To assist Party B to expand the channels of raw materials and sales. (7) To assist Party B to employ the current personnel of Party A and, if Party B desires to employ more employees, additional employees from the job market. (8) To assist Party B to purchase manufacturing equipment, transportation vehicles, office supplies and communication equipment. (9) To assist Party B to obtain the preferential taxes or other special treatment permitted by the laws of PRC. (10) To comply with the provisions of this Agreement.