ex10-58.htm











Exhibit 10.58


 


Sales Contract







Supplier: Fujian Dongshi Petrochemical Co., Ltd.


 


Buyer: Sanming Huajian Bioengineering Co., Ltd.


 


This contract is made on the 27th day of November 2009, between the Parties. The Parties agree as follows:



	
I. 

	
      Items, quantity (in tons), prices and amounts








	
Items

	
qty

	
Unit price

	
Amount

	
note


	
#6 Organic solvents

	
29.45

	
7,250 yuan/ton

	
213,512.5

	  
	
Ethyl acetate

	
26.2

	
15,650.

	
410,030

	  
	
Total: RMB 623,542.50 yuan







 


 



	II. 	Warranty                                                                                                                                                                                                                                                                                              The Supplier warrants and represents that the quality and technical specifications of the products are the same as that of the sample.
	III.	Delivery:                                                                                                                                                                                                                                                                                                       The products shall be delivered to the Buyer’s plant in batches, in accordance with the Buyer’s requirements.
	IV.	Weight                                                                                                                                                                                                                                                                                                   The total weight shall be subject to actual weighing reading, with a variance of±5% allowed.
	V.	Inspection and quality:                                                                                                                                                                                                                                                                        The products shall be deemed qualified upon inspection by the buyer.
	VI. 	Supply of samples and accessories: N/A
	VII.	Payment settlement and deadline:                                                                                                                                                                                                                                                   Any payments shall be settled within 30 days following receipt of products.
	VIII.	In the event a guarantee is required, the Parties shall enter into separate agreements as annex hereto.
	IX.	Liability for breach of Contract: 

The Parties shall settle through amicable negotiations any breach hereof, or submit it for arbitration in accordance with the Contract Law of the People’s Republic of China.


	X.   	Settlement of disputes 

The Parties shall settle through amicable negotiations any dispute arising from the performance hereof, or submit it for arbitration in accordance with the Contract Law of  People’s Republic of China.


	XI.	Miscellaneous                                                                                                                                                                                                                                                                                      The Parties shall enter into separate agreements for matters not mentions herein.





 


























 



	
Supplier


 


Name: Fujian Dongshi Petrochemical Co., Ltd.


Address:


Tel: 0595-85072599


Fax: 0595-85530899


Bank: Agricultural Bank of China, Dongshi Branch


Account No.: 531001-40000362

	
Buyer


 


Name: Fujian Huajian Bioengineering Co., Ltd.


Address:


Tel: 0598-8321366


Fax: 0598-8321366


Bank: Agricultural Bank of China, Sanyuan Branch


Account No.:13830101040006233