Exhibit 10.37
SALES CONTRACT OF INDUSTRIAL PRODUCTS
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NO.:
SIGNED AT: Tai'an
DATE: August 8, 2005
This contract is made and entered into by and between Shandong Haize
Nanomaterials Co., Ltd (hereinafter referred to as the Seller) and ▇▇▇▇▇▇▇▇ ▇▇▇▇
Rubber Products Co., Ltd (hereinafter referred to as the Buyer); whereby the
Seller agree to sell and the Buyer agree to buy the commodity mentioned in this
contract subject to the terms and conditions stipulated below:
Article 1: Object, Quantity, Price and Date of Delivery
NAME OF COMMODITY: Nanometre Calcium Carbonate
Trademark: Sheng Ke
Specification: 602
Manufacturer: Shandong Haize Nanomaterials
UNIT: ton
QUANTITY: 2,640
UNIT PRICE: RMB 3,950.00 yuan
TOTAL AMOUNT: RMB 10,428,000.00 (ten million, four hundred and twenty-eight
thousand) yuan
DATE OF DELIVERY: From August 2005 to August 2006, 220 tons each month
Article 2: QUALITY STANDARD
Be subject to the Q/VLT 050-2000 Enterprise Standard.
Article 3: PACKING STANDARD AND THE PROVISION AND RECOVERY OF PACKINGS: Outer
packed with paper bag and inner packed with plastic bag.
Article 4: STANDARD FOR REASONABLE WEAR AND TEAR AND COMPUTING MODE: The
quantity shall be based on the quantity accepted and put in the storage by the
Buyer.
Article 5: MODE OF TRANSPORAT AND DESTINATION AND COST ALLOCATION: By road; the
Seller shall pay the cost.
Article 6: STANDARD, METHOD, and PLACE AND TIME LIMIT OF INSPECTION: Be subject
to enterprise standards.
Article 7: METHOD, TIME AND PLACE OF PAYMENT: By bank draft.
Article 8: TERMINATION OF THIS CONTRACT: In case of being unable to perform this
Contract under special circumstances.
Article 9: METHOD OF SETTLING THE DISPUTE OVER THE CONTRACT:
IN THE PERFORMING OF THIS CONTRACT, IF ANY DISPUTE ARISES, THE TWO PARTIES SHALL
SETTLE IT THROUGH FRIENDLY DISCUSSIONS; THE DISPUTE CAN ALSO BE MEDIATED BY THE
LOCAL INDUSTRIAL AND COMMERICAL ADMINISTRATION; IF NO SETTLEMENT COMES FROM THE
DISCUSSIONS OR MEDIATATIONS, THE DISPUTE SHALL BE SETTLED BY LAWSUITS THROUGH
THE PEOPLE'S COURT.
Article 10: THIS CONTRACT SHALL BECOME EFFECTIVE after having been officially
signed by the two parities.
Article 11: MISCELLANEOUS: The contract period is one full year, starting from
August, 2005 and ending in August, 2006.
THE SELLER: THE BUYER:
Shandong Haize Nanomaterials Co., ▇▇▇▇▇▇▇▇ ▇▇▇▇ Rubber Products
Ltd Co.,Ltd
/s/ Ma Zhaowei /s/ ▇▇ ▇▇▇▇▇▇▇
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AUTHORISED SIGNATURE AUTHORISED SIGNATURE