Document:

Exhibit 10.3

 

The People's Republic of China

National-owned Land Use Rights Certificate

 [Unofficial Translation]

 

Certificate No.: 010842359

Date: March 10, 2003               

Made by PRC Minister of Land and Resources

(Seal)

 

 

	
            Land User
 	
            Hebei Baoding Orient Paper Milling Co., Ltd. 

(Seal)
 
	
            Land Address
 	
            South Nanhuan Road, Xushui County
 
	
            Purpose
 	
            For industry
 
	
            Type of Use Right
 	
            Transferred
 
	
            Expire Date
 	
            March 10, 2053
 
	
            Land Size
 	
            58.06 mu
 
	
            Issuing Authority
 	
            The People’s Government of Xushui County 

(Seal)

Date: March 10, 2003Exhibit 10.4

Purchase Contract

[Unofficial Translation]

 

This Purchase Contract (the “Contract”) was executed on December 30, 2003, in Xushui County, Hebei Province, by and between Beijing Heerwang Industrial Material Company Limited (the “BHIM”) and Hebei Baoding Orient Paper Milling Co., Ltd (the “HBOP” ). BHIM agrees to perennially supply HBOP with raw materials which is Wood Pulp. The terms and conditions of this Contract are as follows:  

 

	
            1.
 	
            Effective Time. This Contract gets effective through January 1, 2004 to December 31, 2007. BHIM guarantees to supply the foregoing raw materials on a timely basis during the effective time of this Contract, with a purpose to satisfy HBOP’s production demand.
 

	
            2.
 	
            Payment methods and terms. The payment will be made on a monthly basis, and BHIM and HBOP will discuss and determine the exact payment time. However, the payment must ensure the normal turnover of BHIM’s working capital and will be made mainly by bank transfer checks or in cash.
 

 

	
            3.
 	
            The Quality of Raw Material. BHIM guarantees to provide the raw materials pursuant to the HBOP’s quality requirements, and in case of quality problems, BHIM will assume the proportionate liability for damages by the value of the losses. 
 

 

	
            4.
 	
            Liabilities. During the term of this Contract, if a failure to timely supply raw materials by BHIM results in losses to HBOP, BHIM shall compensate to HBOP for the losses as applicable; if HBOP fails to comply with this Contract, they shall also assume the proportionate liabilities, which will be enforced pursuant to the corresponding “Contract Laws”.
 

	
            5.
 	
            Effectiveness. This Contract is executed in two copies and becomes effective when seals are made by both BHIM and HBOP, one of which held by BHIM, and the other held by HBOP, are equally authentic.
 

	
            6.
 	
            Miscellaneous. Any other matters not expressly stated herein, will be resolved through negotiations by both parties.
 

 

Beijing Heerwang Industrial Material Company Limited

Seal

December 30, 2003

 

Hebei Baoding Orient Paper Milling Co., Ltd

Seal

December 30, 2003Exhibit 10.5

Purchase Contract

[Unofficial Translation]

 

This Purchase Contract (the “Contract”) was executed on December 31, 2003, in Xushui County, Hebei Province, by and between Xushui County Dongfang Trading Company Limited (the “XSDF”) and Hebei Baoding Orient Paper Milling Co., Ltd (the “HBOP” ). XSDF agrees to perennially supply HBOP with raw materials which are Recycled Paperboard and White Edge Paper. The terms and conditions of this Contract are as follows:  

 

	
            1.
 	
            Effective Time. This Contract gets effective through January 1, 2004 to December 31, 2008. XSDF guarantees to supply Recycled Paperboard and White Edge Paper on a timely basis during the effective time of this Contract, with a purpose to satisfy HBOP’s production demand.
 

	
            2.
 	
            Payment methods and terms. The payment will be made on a monthly basis, and XSDF and HBOP will discuss and determine the exact payment time. However, the payment must ensure the normal turnover of XSDF’s working capital and will be made mainly by bank transfer checks or in cash.
 

 

	
            3.
 	
            The Quality of Raw Material. XSDF guarantees to provide the raw materials pursuant to the HBOP’s quality requirements, and in case of quality problems, XSDF will assume the proportionate liability for damages by the value of the losses. 
 

 

	
            4.
 	
            Liabilities. During the term of this Contract, if a failure to timely supply raw materials by XSDF results in losses to HBOP, XSDF shall compensate to HBOP for the losses as applicable; if HBOP fails to comply with this Contract, they shall also assume the proportionate liabilities, which will be enforced pursuant to the corresponding “Contract Laws”.
 

	
            5.
 	
            Effectiveness. This Contract is executed in two copies and becomes effective when seals are made by both XSDF and HBOP, one of which held by XSDF, and the other held by HBOP, are equally authentic.
 

	
            6.
 	
            Miscellaneous. Any other matters not expressly stated herein, will be resolved through negotiations by both parties.
 

 

Xushui County Dongfang Trading Company Limited

Seal

December 31, 2003

 

Hebei Baoding Orient Paper Milling Co., Ltd

Seal

December 31, 2003Exhibit 10.6

Purchase Contract

[Unofficial Translation]

 

This Purchase Contract (the “Contract”) was executed on January 1, 2008, in Xushui County, Hebei Province, by and between Baoding Tianhe Coal Industries Company (the “BDTH”) and Hebei Baoding Orient Paper Milling Co., Ltd (the “HBOP” ). BDTH agrees to perennially supply HBOP with raw materials which is Coal. The terms and conditions of this Contract are as follows:  

 

	
            1.
 	
            Effective Time. This Contract gets effective through January 1, 2008 to December 31, 2008. BDTH guarantees to supply the foregoing raw materials on a timely basis during the effective time of this Contract, with a purpose to satisfy HBOP’s production demand.
 

	
            2.
 	
            Payment methods and terms. The payment will be made on a monthly basis, and BDTH and HBOP will discuss and determine the exact payment time. However, the payment must ensure the normal turnover of BDTH’s working capital and will be made mainly by bank transfer checks or in cash.
 

 

	
            3.
 	
            The Quality and Price of Raw Material. BDTH guarantees to provide the raw materials pursuant to the HBOP’s quality requirements, and in case of quality problems, BDTH will assume the proportionate liability for damages by the value of the losses. The price will be determined by both parties after negotiations on the basis of market price.
 

 

	
            4.
 	
            Liabilities. During the term of this Contract, if a failure to timely supply raw materials by BDTH results in losses to HBOP, BDTH shall compensate to HBOP for the losses as applicable; if HBOP fails to comply with this Contract, they shall also assume the proportionate liabilities, which will be enforced pursuant to the corresponding “Contract Laws”.
 

	
            5.
 	
            Effectiveness. This Contract is executed in two copies and becomes effective when seals are made by both BDTH and HBOP, one of which held by BDTH, and the other held by HBOP, are equally authentic.
 

	
            6.
 	
            Miscellaneous. Any other matters not expressly stated herein, will be resolved through negotiations by both parties.
 

 

Baoding Tianhe Coal Industries Company

Seal

January 1, 2008

 

Hebei Baoding Orient Paper Milling Co., Ltd

Seal

January 1, 2008Exhibit 10.7

Purchase Contract

[Unofficial Translation]

 

This Purchase Contract (the “Contract”) was executed on January 1, 2008, in Xushui County, Hebei Province, by and between Beijing Heerwang Industrial Material Company Limited (the “BHIM”) and Hebei Baoding Orient Paper Milling Co., Ltd (the “HBOP” ). BHIM agrees to perennially supply HBOP with raw materials which is Wood Pulp. The terms and conditions of this Contract are as follows:  

 

	
            1.
 	
            Effective Time. This Contract gets effective through January 1, 2008 to December 31, 2008. BHIM guarantees to supply the foregoing raw materials on a timely basis during the effective time of this Contract, with a purpose to satisfy HBOP’s production demand.
 

	
            2.
 	
            Payment methods and terms. The payment will be made on a monthly basis, and BHIM and HBOP will discuss and determine the exact payment time. However, the payment must ensure the normal turnover of BHIM’s working capital and will be made mainly by bank transfer checks or in cash.
 

 

	
            3.
 	
            The Quality of Raw Material. BHIM guarantees to provide the raw materials pursuant to the HBOP’s quality requirements, and in case of quality problems, BHIM will assume the proportionate liability for damages by the value of the losses. 
 

 

	
            4.
 	
            Liabilities. During the term of this Contract, if a failure to timely supply raw materials by BHIM results in losses to HBOP, BHIM shall compensate to HBOP for the losses as applicable; if HBOP fails to comply with this Contract, they shall also assume the proportionate liabilities, which will be enforced pursuant to the corresponding “Contract Laws”.
 

	
            5.
 	
            Effectiveness. This Contract is executed in two copies and becomes effective when seals are made by both BHIM and HBOP, one of which held by BHIM, and the other held by HBOP, are equally authentic.
 

	
            6.
 	
            Miscellaneous. Any other matters not expressly stated herein, will be resolved through negotiations by both parties.
 

 

Beijing Heerwang Industrial Material Company Limited

Seal

January 1, 2008

 

Hebei Baoding Orient Paper Milling Co., Ltd

Seal

January 1, 2008

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