Sale Contract, dated June 10, 2010, between Zhejiang Jinghua Industry Co., Ltd. and the Fifth Season (Zhejiang) Trade Co., Ltd.
Sale Contract, dated June 10, 2010, between Zhejiang Jinghua
Industry Co., Ltd. and the
Fifth Season (Zhejiang) Trade Co., Ltd.
Contract No.: 2010060005
Signature Site: Hangzhou
Purchaser (Party A): Zhejiang Jinghua Industry Co., Ltd.
Seller (Party B): The Fifth Season (Zhejiang) Trade Co., Ltd.
Pursuant to the provisions of the Contract Law of PRC, relevant
laws and administrative regulations, and the principal of equality,
voluntariness and honesty, both parties enter into this agreement regarding the
purchase of LED lights series and electricity-saving lamps.
1. Name, Quantity and Price
| No. | Name of Product | Unit | Quantity | Unit Price (RMB) |
Total Value (RMB) |
| 1 | LED line lamp | set | 750 | 2632 | 1,974,000 |
| 2 | LED underground set lamp | 750 | 3290 | 2,467,500 | |
| 3 | LED point light | set | 250 | 545.5 | 136,375 |
| 4 | LED fence lamp | meter | 2500 | 2452 | 6,130,000 |
| 5 | 400w floodlight | set | 500 | 676.5 | 338,250 |
| 6 | Energy saving lamp (80w) | set | 10000 | 112.7 | 1,127,000 |
| Total value | 12,173,125 | ||||
2. Payment Method and Deadline: 30% down payment and the rest
shall be paid on delivery.
3. Delivery Time: before August 30, 2010
4.
Delivery Ways: Party B shall deliver the goods to the warehouse appointed by
Party A.
5. Packing Material Supply and Recycling: Party B provides carton
packing and is not responsible for recycling
6. Packing Standard: common
cartons for packing
7. Transportation: by truck
8. Fees: Party B is
liable for packing and transportation fees.
9. Company for Goods Collecting:
Zhejiang Jinghua Industry Co., Ltd.
10. After-sale Services: Party B shall
be liable for technique support and product quality. Party B shall also offer
one year guarantee for product quality. Party B shall offer maintenance with
charge of basic cost for other issues caused except for product quality.
11.
Liability for Breach
1) In case that Party A fails to deliver the goods or
Party B rejects the goods without payment, the foregoing default party shall pay
the liquidated damages of 30% of the total payment of the goods.
2) As to
overdue delivery/collection or deferred payment, the foregoing default party
shall pay the liquidated damages of 0.5‰ of the due payment per day.
12.This agreement has been entered into in compliance with laws
and neither party shall not alter or rescind this agreement without consensus.
The alteration or rescission can only be accepted upon consensus.
13. This
agreement has four counterparts and each party has two counterparts.
14. Any
disputes related to this agreement can be brought to Hangzhou People’s Court if
both parties cannot reach consensus.
(This page is for signature only and has no text.)
Party A
(Buyer): Zhejiang Jinghua Industry Co., Ltd.
By: /sealed/ Zhejiang
Jinghua Industry Co., Ltd.
Phone: ▇▇▇▇-▇▇▇▇▇▇▇▇
Date: June 10, 2010
Party B (Seller): The Fifth Season (Zhejiang) Trade Co., Ltd
By:
/sealed/ The Fifth Season (Zhejiang) Trade Co., Ltd
Phone: ▇▇▇▇-▇▇▇▇▇▇▇▇
Date: June 10, 2010