Construction
Contract





(GF-1999-0201)




Formulated
by


Construction
Department of the People’s Republic of China


State
Administration for Industry and Commerce




December,
1999










Part I
Agreement




Project
Owner: Shandong Meikefubang Food Co., Ltd.




Contractor:
Shandong Dingji Real Estate Development Co., Ltd.





According
to Contract Law of the People’s Republic of China, Construction Law of the
People’s Republic of China, and other applicable laws and regulations, based on
the principle of equality, voluntariness, fairness and honesty and credibility,
both parties have agreed on all the matters about this construction project and
signed this contract as follow:





IProject general
situation




Project
name: construction of lightweight steel workshop of manufacuure center and
office building




Project
address: north of Longmen Road, east of Fenhe Road




Project
      content:
              1the door-type steel
      frame: color board roof, walland liningplate, steel plate,
      gutter, PVC, down drain2thermal insulation
      material: 75mm thick glass, ultra-finecotton,
      12KG/m23steel, aluminum,
      aluminum alloy, anti-theft doors,windows




List of Group Project Attached to the Projects Contracted by the Contractor




Project
approval number:




Source of
capital: self-raised





IIContracted scope
of the project




Contracted
      scope:
              1the door-type steel
      frame: color board roof, wall and liningplate, steel plate,
      gutter, PVC, down drain2thermal insulation
      material: 75mm thick glass, ultra-finecotton,
      12KG/m23steel,aluminum, aluminum
      alloy, anti-theft doors,windows




III Contract
duration


Commencement
date: Dec. 25th,
2009




Completion
date: Mar. 24th,
2010





The total
number of the calendar days of the project: 90 days





IV Quality
standard:




2


Project
quality standard: qualified





V Contract
price:




Total
amount (in written form): nineteen million six hundred and eighty thousand Yuan
(RMB)


¥:19,680,000.00
Yuan





VI Documents
incorporated




Documents
as part of the Contract include:




1 This
contract agreement




2
Bid-winning notice




3
Application for tenders and enclosure




4 Special
terms of this contract




5 General
terms of this contract




6
Standard, specification and related technical documents




7
Drawings




8 List of
the project quantity




9 Project
quotation and budget statement





Written
agreements or documents on negotiation or modification of the project by both
parties should be also considered as a part of the Contract.





VII The explanation
and meanings of the terms in the Contract are subject to the definition given
relatively in the Part II( General
Terms).





VIII Contractor
shall promise the Project Owner that construction and completion of the project
will be done according to the Contract, and will undertake the responsibility
for project quality warranty.





IX Project Owner
shall promise the Contractor that contract price and other amount will be paid
according to the allotted time and method agreed in the contract.





X Execution of
contract


Time of
contract formation: December 24th,
2009




Address
of contract formation: Shandong Meikefubang Food Co., Ltd.





3


In this
contract, both parties agree that the contract will come into force after seal
and signature by both parties.




Project
      Owner: (official stamp)
              Contractor:
      (official stamp)Address:
              Address:Legal
      representative:
              Legal
      representative:Agent:
              Agent:Telephone
      number:
              Telephone
      number:Fax:
              Fax:Opening
      bank:
              Opening
      bank:Account
      number:
              Account
      number:Post
      number:
              Post
      number:





(3) Cost
plus compensation contract is applied. The agreed terms regarding the cost and
compensation are: _______________________





23.3
Other adjustment items on contract price agreed by both parties:
_________________________________





24
Advance payment:




The date,
amount or the percentage of total contract price of advance payment that Project
Owner shall pay to the Contractor: ______







Date and
proportion of the deducted project price:
________________________________________






25 Report
of the project schedule:




Date when
Contractor submits schedule report regarding completed percentage of the project
to the Chief Engineer: _____________






26
Payment of project price (on-progress payment)




Method
and time of the payment of project amount (progress amount) agreed by both
parties: Within 3 days after the contract is signed, 30% of the total product
amount shall be paid; 30% shall be paid after the completion of the basic
project; 30% shall be paid after the completion and acceptance of the project;
10% of the payment is quality insurance; payment shall be settled up at one time
if no quality problems occurred within a year.




Seven:
Supply of materials and devices





27
Materials and Devices provided by Project Owner




If the
materials and devices provided by the Project Owner don’t accord with the list,
both parties agree that the Project Owner shall be responsible as provided
bellowing:





(1)
            Unit
      price of the materials and devices is not in line with the list:
      ____________________________


(2)
            Variety,
      specification, pattern, quality level of the materials and devices is not
      in line with the list: _________________


(3)
            Materials
      that can be altered by contractor: __________________


(4)
            Arrival
      location is not in line with the list:
    _______________________


(5)
            Supply
      quantity is not in line with the list:
  ____________________


(6)
            Arrival
      time is not in line with the
      list: ___________________________





27.6
Settlement method of the materials and devices supplied by Project
Owner





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