Document:

Fashion Tech International: Exhibit 10.7 - Prepared by TNT Filings Inc.

  

 
Exhibit 10.7

 

(English Summary)

 

Distribution Contract

Ref:____________

Execution Date_______

Execution Place_______  

Party A: Daqing LongHeDa Food Co., Ltd
 

Party B: the distributor  

 

I. Terms of the Contract:  

After Party A’s observation and confirmation of Party B’s qualification to be a distributor for sales of Party A’s products, Party A hereby authorizes Party B to be the general distributor within the territory of ___________, during the period starts from _________to __________.
 

 

II. Distribution Mode

The distribution mode is agency in different territories.  

 

III. Products and Amount

Fruit Puree____ tons; Glazed Fruit___ tons; “Fu” Beverage____ tons, Concentrated Juice ____tons.
 

 

IV. Payment Method:

(usually payment upon delivery)  

 

V. Transportation and Freight:

Party B shall be responsible for the transportation and freight and Party A shall be responsible for liaison of transportation.
 

 

 

VI. Rights and Obligations

Party A’s rights and obligations:

1.

Party A shall provide Party B with copies of Party A’s business license and sanitation license.

2.

In case when the product price needs to be adjusted due to changes in state policy, fluctuation in raw material supply or change of market situation, Party A shall give written notice to Party B one month prior to such adjustment. Such notice shall be made part of the Contract as an exhibit.

3.

Party A shall timely notify Party B of the change of Party A’s sales policy and/or supply situation.

4.

Party A shall be responsible for any loss due to product quality problem, which shall be certified by relevant organization; Party B shall be liable for losses due to its negligent custody of the products.
 

5.

The quality of the sample shall be used as quality standard for all deliveries.

6.

Party A shall be responsible for delivering the products to designated places on time as agreed, but shall not be responsible for delivery to any other places.
 

7.

Party A shall have the rights to supervise, examine and guide Party B’s sales of its products.
 

Party B’s rights and obligations:

1.

Party B shall provide to Party A with copies of Party B’s business license and taxation registration certificates for record.

2.

Party B shall not be allowed to sell the same products from any other manufacturer at the same time during the term of this Contract.   

3.

Party B shall place an order with Party A at least 15 days prior to the required delivery date to ensure that Party A has sufficient time to arrange the delivery.
 

4.

Party B shall not (1) distribute the products beyond the territory as stated herein; (2) assign the rights of distribution without Party A’s consent; (3) provide non-conforming products; and (4) violate Party A’s price policy. Party A shall be entitled to terminate this Contract if Party B breaches and the losses arising thereof shall be borne by Party B.   

 

VII.  Inspection

Party B shall inspect the products in accordance with the delivery note provided by Party A and shall record the delivery date on the Client Return Receipt attached to the Product Sales Note and confirm the foresaid by signature or company stamp.
 

 

 

VIII. Liabilities for Breach of Contract

1.

With respect to matters that have not been contemplated by the Contract, both Parties shall consult each other and negotiate for settlement. Any agreement reached as a result of such negotiation shall be legally binding and has the same legal effect as the Contract.
 

2.

If either party breaches the Contract, the parties shall negotiation for settlement. If no agreement can be reached through such negotiation, any claim shall be brought to the non-breaching Party’s local court with proper jurisdiction.
 

 

IX. Miscellaneous Items

1.

Any issue not being contemplated in this Contract shall be negotiated by both Parties and the results of both Parties’ negotiation shall be an addendum to this Contract and have the same legal effect as this Contact.  

2.

Any dispute arising from the Contact shall be amicably negotiated by both Parties and in case where no agreement is reached by the Parties, the dispute shall be brought to Party A’s local court with proper jurisdiction.

3.

This Contract is prepared in two originals, which have the same legal effect, and each Party shall hold one original.

 

Execution:

Party A: Daqing Long He Da Food Co., Ltd  

Address:

Legal representative:

Authorized representative:

Bank Info.:  

Telephone:

Fax:  

 

 

Party B: the distributor

Address:

Legal representative:

Authorized representative:

Bank Info.:  

Telephone:

Fax:  

 

The form of purchase order is as follows:

 

Purchase Order

	
  
  Products

	
  
  Specification

	
  
  Amount(ton)

	
  
  Unit Price (Yuan)

	
  
  Total Sum (Yuan)  

	
  
  Remarks

	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	
  
  In Total

	 	 	 	 	 
	
  
  Total Sum (in capital letter):

Client: _____________________

Address: ____________________

Designated Place for Delivery:______________

Telephone:___________________

Liaison Person: _______________

                                                    Client:
                               
      (Stamp)                                         

                                                  
 Date: _______________

 

 

The contractual details of the Company’s top 10 sales clients in March 2008 are as follows:

 

	
  Distributors

	
  Contract Reference

	
   Execution Date

	
  Contract Term  

	
    Territory

	
  Products Type and Amount

	
  Beijing Hua Peng Yuan Food Co.,Ltd

	
  LHD-2008054

	
  2008-1-22

	
  2008-01-01 to 2008-12-31

	
  Beijing

	
  preserved fruit: 650 tons; concentrated juice: 1200 tons 

	
  Beijing Tai Hua Xing Food Co.,Ltd

	
  LHD-2008052

	
  2008-1-19

	
  2008-01-01 to 2008-12-31

	
  Area around Beijing

	
  concentrated juice: 1200 tons

	
  Shanxi De Sheng Trading Co.,Ltd

	
  LHD-2008035

	
  2008-1-9

	
  2008-01-01 to 2008-12-31

	
  Yuncheng City,Shanxi Province

	
  fruit puree: 500 tons; concentrated juice: 1000 tons

	
  Haerbin Sheng Jin Lai Economic and Technology Development Co.,Ltd

	
  LHD-2008004

	
  2007-12-22

	
  2008-01-01 to 2008-12-31

	
  Haerbin City, Heilongjiang Province

	
  fruit puree: 1000 tons

	
  Tianjin Ao Kai Chemistry and Industry Trading Co.,Ltd

	
  LHD-2008049

	
  2008-1-16

	
  2008-01-01 to 2008-12-31

	
  Tianjin City

	
  concentrated juice: 600 tons

	
  Chengde Ya Long Food Co.,Ltd

	
  LHD-2008057

	
  2008-1-24

	
  2008-01-01 to 2008-12-31

	
  Chengde City, Hebei Province

	
  fruit puree: 1500 tons

	
  Guangzhou Hui Huang Shop

	
  LHD-2008036

	
  2008-1-9

	
  2008-01-01 to 2008-12-31

	
  Guangzhou City, Guangdong Province

	
  preserved fruit: 50 tons

	
  Sanmenxia Jin Ge Rui Juice Co., Ltd

	
  LHD-2008026

	
  2007-12-31

	
  2008-01-01 to 2008-12-31

	
  Sanmenxia City, Henan Province

	
  fruit puree: 1000 tons

	
  Qingzhou Zi Yu Food Co.,Ltd

	
  LHD-2008007

	
  2007-12-25

	
  2008-01-01 to 2008-12-31

	
  Qingzhou City, Shandong Province

	
  fruit puree: 800tons; preserved fruit: 100tons

	
  (no. 10)Fashion Tech International: Exhibit 10.8 - Prepared by TNT Filings Inc.

  

Exhibit 10.8

(English Summary)

Trademark License Agreement

 

Licensor:  Mr. Yu Changjun

ID Number: 23028119720924043X

 

Licensee:  the Company

Registered Address: No.3 Industry Area, High-Tech Zone, Daqing City, Heilongjiang

Telephone: 0459-4609466

 

Whereas,       

Licensor has applied to the Trademark Office for registration of such trademark and has passed the initial examination on 13 March 2008; the trademark will be publicized on the Official Gazette on 14 June 2008.

 

In accordance with Article 40 of PRC Trademark Law and Article 43 of the Implementation Rules of the PRC Trademark Law, the Parties, through amicable negotiation, entered into this Agreement on 16 May, 2008 at Daqing Heilongjiang, PRC with regard to the trademark license issues:

 

I. The Trademark To Be Licensed:  “农珍之冠”  

 

II. Specimen of the Trademark: (provided by the Assignor and certified with his seal)

 

III. Application/Register Number: 4894199
 

Country of Registry: PRC

 

IV. Effective Term of the Trademark: from 14 June 2008 to 13 June 2018;
 

 

V. Class of Goods:  

Licensor shall grant the license to Licensee for using the Trademark on goods in class 29.

 

 

VI. Condition Precedent of the License:
 

The Trademark is registered and a registration certificate is obtained; the Licensor warrants that it is the lawful owner of the Trademark.
 

 

VII. License Term:  

From June 14, 2008 to the date when the Trademark Office approves the assignment of ownership applied by the parties.  

  

VIII. Type of License: Exclusive License

 

IX. License Fees: the Trademark is licensed to the Company for RMB one yuan.
 

 

X. Rights and Obligations of the Parties:
 

1.

Licensee shall be entitled to exclusively use the Trademark under the Agreement;

2.

Licensor has right to supervise the quality of the Licensee’s products bearing the Trademark, and the Licensee shall guarantee the quality of such products;
 

3.

Licensee shall mark its company name and product origin on its products;

4.

Licensee shall not change the wording, image, or the combination thereof, of the Trademark, and nor shall it use the Trademark beyond the registered class for the Trademark;

5.

Without authorization of the Licensor, the Licensee shall not license the Trademark to any third party.

 

XI. Breach of Agreement:  

The breaching party shall be liable to any damages caused to the non-breaching party.
 

 

XII. Dispute Resolution:  

Any dispute arising out of the Agreement shall be amicably negotiated between the Parties. If no settlement is reach by such negotiation, either Party is entitled to bring the dispute to the court with proper jurisdiction.  

 

XIII. Miscellaneous:  

The Agreement will be executed in five counterparts which are equally binding. The Licensee shall file the Agreement with the Trademark Office after the execution date of the Agreement.
 

 

Execution:  

Licensor:  Yu Changjun

Signature:  

Licensee:  the Company  

Authorized Representative: Shi Jinglin
 

Date:  16 May 2008

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