Document:

Unassociated Document

    Minqin
County Premium Sunflower Industrial Production Base

    Company
+ Farmers Cultivation Cooperation Contract

    

    Serial
number:

    

    Party
A: Gansu JOY
Agricultural Technology Co., Ltd. (the “Company”) TEL:

    Party
B: Name of
farmer                
   Household:                       TEL:

    

    In order
to accelerate the pace of agricultural structure adjustment and the phase of
agricultural industrialization, the Company screened out a batch of high-quality
sunflower for promotion after years’ test and experiment and formed stable
cooperation relations with a large number of farmers and their households. In
order to ensure the healthy development of high-quality sunflowers and both
parties’ interests, the Parties hereafter enters into this contract to set forth
the terms and conditions as follows:

    

    
      
        
          
            
              	
                      Time
      of Contract

                    	
                      Type

                    	
                      Price
      (RMB)

                    	
                      Quantity(kilograms)

                    	
                      Total

                      (RMB)

                    	
                      Time of
      Delivery

                    
	 
      	 
      	 
      	 
      	 
      	 
      

            

          

        

      

    

    

    1.
Party A’s Rights and Obligations:

    1) Party
A is responsible for the high-quality sunflower seeds’
introduction,

    experiments,
demonstrations, promotion, experience summary and free technology guidance,
consulting and training.

    
      2) Party A
is responsible for inspecting seeds to ensure seed quality.
Otherwise,

    

    Party A
shall compensate Party B under the related provisions of Seed Law.

    3) After
harvest, Party A shall purchase sunflower seeds from Party B at the minimum
protective purchase price of __ for Party B’s contracted plantation. If market
price is higher than the minimum  protective purchase price,Party A shall pay
the market price. (Requirements for seeds: 1000-grain weight S61 __, G101: __,
S33__, K5049: __.) Party A may reject unqualified seeds (Impurities should be
less than __%, peeling less than __%, water less than __%, no different type of
seeds mixed, no mildew.), which fail to meet quality requirements. If Party A
fails to purchase Party B's qualified seeds within contract period and the
market price is lower than the minimum protective purchase price, Party A should
compensate party B for the loss; If party B sells seeds to a third party other
than Party A without party A's approval, Party A shall be entitled compensation
equal to __% of Party B’s output value.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      2.  Party
B’s Rights and Obligations:

    

    1) Party
B has the right to inspect seeds’ quality. If seeds do not meet quality
requirements, Party B may return seeds to Party A before planting, or shall be
entitled to compensation under the related provisions of Seed Law.

    2) During
the contract term, Party B shall be compensated for the loss if Party A fails to
purchase seeds or pay for the purchased seeds on time.

    3) In
order to ensure goods quality, party B must plant the seeds according to Party
A’s technical requirements (see Cultivation Technical Manual for details), and
shall pay particular attention to the following points:

     

    1Protecting seeds:
__ 2Watering:
__ 3Does not
mix with other sunflowers when replants or harvests.

    
      3.  Other
terms

    

    
      
        	
              	
                1) 

              	
                The
      contract shall take immediate effect on the date of signing. The contract
      term is one year.

              

      

    

    
      
        	
              	
                2) 

              	
                The
      contract only becomes effective when presented together with seed purchase
      invoice.

              

      

    

    
      
        	
              	
                3) 

              	
                Issues
      that are not stated in this contract shall be resolved through discussion
      and negotiation

              

      

    

    
      
        	
              	
                4) 

              	
                Any
      dispute arising out of the contract shall be settled through
      negotiation.  If no agreement is reached, such dispute shall be
      submitted to the administrative authority or the people's
      court.

              

      

    

     

    
      
        
          	
                  Party
      A:

                	
                  Party
      B:

                
	 
      	 
      
	
                  Legal
      representative:

                	 
      
	 
      	 
      
	
                  Agent:

                	 
      
	 
      	 
      
	 
      	 
      
	
                	

                  Signing
      date:Unassociated Document

    Product
Sales Contract

     

    Party A (Buyer):  

    Party B (Seller): Gansu JOY Agricultural
Technology Co., Ltd.

    Contract No.:

    Place of Signing:

    Date of
Signing:

    

    Upon
mutual understanding, Party A and Party B hereafter enters into this contract
with honest and good faith in accordance with Contract Law of the People's
Republic of China.

    

    
      1.  Product’s
Name, Specification and Price

       

    

    
      
        
          
            
              
                
                  	
                          Name

                        	
                          Specification

                        	
                          Unit

                        	
                          Quantity

                        	
                          Price per Unit 

                          (RMB)

                        	
                          Total Price

                          (RMB)

                        	
                          Note

                        
	
                          Sunflower
    Oil

                        	
                          1.0L

                        	
                          Barrel

                        	 
      	 
      	 
      	 
      
	
                          Sunflower
    Oil

                        	
                          2.1L

                        	
                          Barrel

                        	 
      	 
      	 
      	 
      
	
                          Sunflower
    Oil

                        	
                          3.6L

                        	
                          Barrel

                        	 
      	 
      	 
      	 
      
	
                          Sunflower
    Oil

                        	
                          5.1L

                        	
                          Barrel

                        	 
      	 
      	 
      	 
      
	
                          Total

                        	 
      	 
      	 
      	 
      	 
      	 
      

                

              

            

          

        

      

    

    

    2. Quality Standard of the Products and Conditions and
Timeline to be complied by Party B: the products provided by Party B
should meet the relevant National Standards; otherwise Party A may reject the
goods.

    

    3. Delivery: Party B is
responsible for the delivery and bears delivery cost; and Party A is responsible
for unloading, and bears the relevant cost; Party B should provide assistance
for unloading process; the place of delivery is the warehouse designated by
Party A.

    

    4. Deposit and Time of Delivery:
Party A should remit _________RMB as deposit to Party B’s designated bank
account after the signing of the contract. Party B shall  arrange the
delivery within 10 days after receiving the order from Party A.

    

    5. Acceptance Standard, Method, and
Dissent period: Acceptance procedure is conducted according to the
quotation form, specification, place of origin and user’s
confirmation.

    

    6. Settlement and Deadline:
Party A shall make the payment within 40 days after Party B delivers the
products to the place that is designated by Party A and fulfill the acceptance
procedure.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    7. Liability for breach: if
Party B fails to deliver products to Party A on time, Party A is entitled to
damages equal to 1% of contract price for each breaching day. Party A shall be
entitled to terminate the contract and seek other suppliers if Party B fails to
deliver within 3 days after due day. If Party A fails to make a timely payment,
then Party B is entitled compensation equal to1% of the contract price for each
breaching day until the total amount be paid off. If both parties fail to
execute the agreements due to the force majeure, such as natural disasters or
reasons beyond the control of both parties itself, the party may be exempted
from economic obligation upon mutual negotiation and with the presence of
verification from related authority.

    

    Supplementary
Terms:

    
      	
              1.  

            	
              The
      contract shall take effect on the date of execution. The term of this
      agreement is one year, provided the products are delivered and the total
      price is paid off.

            

    

    
      	
              2.  

            	
              Any
      dispute arising in the execution of the Contract, it shall be settled
      through mutual negotiation.  If no agreement is reached, it
      shall be submitted to the people’s court where both parties
      domicile.

            

    

    
      	
              3.  

            	
              Each
      party shall observe the terms of Contract. No amendment or deletion of
      this Contract shall be valid until it is signed by both
      parties.

            

    

    The
Contract shall be executed in 2 originals. Each party has one
original.

    
      
        
          	
                  Party B(seal)

                   

                  Address:

                  Phone:

                  Legal
      Representative:

                  Proxy:

                  Opening Bank:

                  A/C:

                  Tax no.:

                	
                  Party A(seal)

                   

                  Address:

                  Phone:

                  Legal
      Representative:

                  Proxy:

                  Opening Bank:

                  A/C:

                  Tax
  no.:

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