Feed Purchase Contract
Exhibit
10.21
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:
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1,
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Party
B shall buy all necessary feed from Party A; Party A shall offer
a
preferential price for Party B.
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2,
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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.
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3,
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Term
of this contract: During the term from January 1st,
2006 to December 31st, 2008, Party B shall place purchase orders
in
accordance with its operating
demands.
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4,
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Place:
Weifang Taihong Feed Co., Ltd
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5,
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Delivery
of feed: Party A shall deliver the feed to appointed breeding farms
of
Party B.
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6,
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Payment:
The feed shall be paid for in cash or through the banking
system.
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7,
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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.
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8,
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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.
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Party
A:
Weifang Taihong Feed Co., Ltd
Representatives:
▇▇▇▇ ▇▇▇▇▇▇
Party
B;
Weifang Yuhe Poultry Co., Ltd
Representatives:
Han Chengxiang
Date:
January 1st,
2006