Document:

ex1020.htm

Exhibit 10.20

 

Supply contract

Party A (buyer): Yangling Dongke Madisen Pharmaceutical co.,Ltd

Party B (supplier): Shaanxi Yungui Subsidiary Foodstuff Corporation Ltd

Sign Place: Shaanxi Yangling

Sign Date: Nov 1, 2009

 

Based on the mutual trust and understanding, two parties reach the following agreements:

 

1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Remark

 

	
Name

	
Specification

	
Unit

	
Quantities

	
Unit price

	
Account

	
Remark

	
Guangxi caster sugar

	
50kg/bag

	
kg

	  	
4.5

	  	
Quantities is decided by the order

	
Total amount in words:

 

2 Quality and Technical Standard: state standards or company standards

3 Means of Transportation and Expenses and Place of Delivery: PartyB the deliveries the goods to the designated place, and cover the expenses.

4 The Standard for Check and Accept and Objection Period: according the industry standards, any quality problem could inform ParyB in writing 7days ahead.

5 Terms of Payment: pay on delivery

6 This contract is made in two copies and becomes valid after signature, two copies to be each party in witness thereof. The fax document also has the same effect. Copies of manufacture qualification certification of both parties are attached.

7 Settlement of Disputes: through negotiation or submitted to the local court.

8 Party B issues 17% VAT invoice.

 

 

  

  

  

 

 

Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd

Address: 8 Xinqiao Road Yangling Demonstration Zone

Zip Code: 712100

 

PartyB:Shaanxi Yungui sugar and wine, Non-staple Food Co., Ltd.

Address: Room 601 Unit 3 Jingdiansiji Garden on Dianzizheng street Xi’an. Shaanxiex1021.htm

Exhibit 10.21

Supply contract

 

Party A (buyer): Yangling Dongke Madisen Pharmaceutical co.,Ltd

Party B (supplier): Xi’an Yinhai Industrial Fabrics co.,Ltd

Sign Place: Shaanxi Yangling

Sign Date: Sep 1, 2009

 

Based on the mutual trust and understanding, two parties reach the following agreements:

 

1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Remark

 

	
Products Name

	
Unit

	
Quantity

	
Unit price

	
Amount

	
Delivery Date and Remark

	
Nature color

cloth

	
 meter

	  	
3.45yuan/meter

	  	
Based on the order sheet

	
Bleached cloth

	
meter

	  	
3.3 yuan/meter

	  
	
Elastic cloth

	
meter

	  	
5.3 yuan/meter

	  
	
Total Amount (in words):

	  

 

2 Quality and Technical Standard: QBYY006-2002 Standards of supplier and the buyer’s insider control standards.

 

3 Place of Delivery: Xi’an.

 

4 Means of Transportation and Expenses and Place of Delivery: the buyer deliveries the good but PartyB pay the expenses.

 

5 Objection Period: within 10days after receiving the goods.

 

6 Terms of Payment: bank remittance; within 7days after receiving the goods.

 

7 Other Provision: The buyer will deduct quality earnest money 10000RMB till the termination of the contract. This contract will keep in force within one year, and the price will flow with the market.

 

8 Remarks: Supplier issues 17% VAT invoice; the fax file has the same effect.

 

Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd

Address: 8 Xinqiao Road Yangling Demonstration Zone

Zip Code: 712100

 

Party B:Xi’an Yinhai Industrial Fabrics co.,Ltd

Address: Room 18 Unit 2 Building 13 Families District 623 on diangzi 2 Road Xi'an Electronic Cityex1022.htm

Exhibit 10.22

Supply Agreement

Buyer:  Yangling Dongke Madisen Pharmaceutical co.,ltd

Signing place: Yangling

 

                                                     Date: Feb.2009

 

1 The products name, trade mark, size, manufacturer, unit, price, time and quantity

 

	
Products

name

	
Trade mark

	
size

	
Manu-

facturer

	
unit

	
quantity

	
Unit price

	
amount

	
Huanglongzhike

granule

 box

	
Yaowang mountain

	
98×72×80

	  	  	  	
0.34

	  
	  	
Yaowang mountain

	
98×72×80

	  	  	  	
0.34

	  
	
Tongmai

granule

box

	
Yaowang mountain

	
98×72×80

	  	  	  	
0.34

	  
	
4piece Fuyanshu

Box

	
Yaowang mountain

	
125×78×30

	  	  	  	
0.23

	  
	
5piece Fuyanshu

Box

	
Yaowang mountain

	
130×78×38

	  	  	  	
0.24

	  
	
3piece Yiganshukang box

	
Yaowang mountain

	
140×90×30

	  	  	  	
0.34

	  
	
4piece Yiganshukang box

	
Yaowang mountain

	
124×70×36

	  	  	  	
0.24

	  
	
Xinxinshu

capsule box

 

	
Yaowang mountain

	
115×65×29

	  	  	  	
0.20

	  
	
3piece Huanglong capsule box

	
Yaowang mountain

	
116×70×30

	  	  	  	
0.20

	  
	
Total amount in words:

2 The standards of quality, and time limit promised by the supplier: based on the requirement of the buyer, until used up all the materials.

3 Place of delivery: the buyer’s factory

 

 

  

  

  

 

 

4 Means of transportation and expenses: by car deliver to the factory

5 Reasonable damage and means of account: the supplier is responsible for the unqualified goods.

6 The package standard and recycle of the package: plaster in the inside, paper box in the outside, plus trade mark.

7 The standards for check and accept: based on the standards of the buyer’s quality department.

8 The spare parts, spare equipment and the way of supply:

9 Settlement method and time limit: transfer, the amount is based on the agreed by both parities.

10 Another guarantee documents is needed as the additional on of this agreement if it is needed.

11 The liability of breach the agreement: the breaking party is liable for the breach of the agreement.

12 The means of dealing with dispute: negotiation

13 Other agreed items: (1) lead time: 7days

 

	
Supplier

Company name

Address

Legal agent

Assigned agent

Telephone

Cable address

Bank

Account number

Zip code

	
Purchaser

Company name

Address

Legal agent

Assigned agent

Telephone

Cable address

Bank

Account number

Zip code

	
Notarial Advice:

                       

                   Validity: from Feb. 10, 2009 to Feb. 10, 2010

  

  

  

Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd

Address: 8 Xinqiao Road Yangling Demonstration Zone

Zip Code: 712100

 

Party B:Xianyang kaiyuan industrial Co.Ltd

 

Address: Liangmahe Building on Dongfeng Road Xianyang,Shaanxi.ex1023.htm

Exhibit 10.23

 

Purchase and Sell Contract of Vacant Capsule

 

1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Quantity

 

	
Specificati-ons

	
color

	
Print-ed name

	
Col-or

	
Quanti-ty

(10000 unit)

	
Unit

Price

(yuan/1000 unit)

	  	
Total Amount

	
Delive-ry Date and Quantit-y

 

	
0#

	
Hat:pi-nk

Body: white

	
Hat:

	
Hat:

	
5000

	
128

	  	
75800

	
Based on the order sheet

	
1#

	
red

	  	  	  	
118

	  	  	  
	
Total Amount (in words)

	  
	
Note: the actual delivered quantity shall not exceed 8±% than the ordered Quantity.

 

 

 

2 Delivery Place and Means of Transportation: the purchaser’s warehouse, by car or train.

 

3 The Standard for Check and Accept: The People's Republic of China Pharmacopoeia (2000 version)

 

4 .Terms of payment and Time: time: 30days after receiving the goods;

 

                        . Terms of payment: bank remittance

 

5 Objection Period: 14 days after receiving the goods.

 

6 The Liability of Breach the Agreement:

 

(1) In the case of late delivery, the rate of penalty is charged at 0.004% for every days;If the supplier refuses to delivery the goods, the rate of penalty is charged at 10% of the remaining goods.

 

(2) In case of late payment, the rate of penalty is charged at  0.004% for every days; if the supplier cancel the effective order, the rate of penalty is charged at 10% of the canceled goods.

 

(3) The buyer must buy the produced products when he terminates the order.

 

7 Force Majeure: In the case of counter any Force Majeure by any party who could free from economic penalty with providing convincing evidence.

 

8 Settlement of Disputes: any disputes arising from this contract could be settle down through negotiation, if not, could submit to the local court.

 

9 Other Provision: both parities must abide by the contract; negotiation is preferred to deal with the disputes.

 

Jul 1, 2008 is the effective date.

 

	
Supplier Name:

Agent signature

Address

Telephone:

Zip code

Bank:

Account number

Tax number

Fax :

 

	
Buyer Name:

Agent signature

Address

Telephone:

Zip code

Bank:

Account number

Tax number

Fax :

 

                       

Validity: from Dec. 1, 2009 to May. 31, 2010

Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd

Address: 8 Xinqiao Road Yangling Demonstration Zone

Zip Code: 712100

 

Party B:Shanxi Guangsheng capsule Co., Ltd

 

Address: Room 102 Unit 2 Building 16 Xingsheng Community Xiaoyi Shanxi.Unassociated Document

 Exhibit 10.24

Notarial Certificate

Republic of China

Shaanxi Xi’an Notary Office

  

  

  

Entrust Loan Agreement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CHINA MERCHANTS BANK

Dec.2009

Entrust Loan Agreement

Contract NO.: 2009 loan No.012

 

 

  

  

  

                          

Lender (PartyA): Merchant Bank, Xi’an High Tec Development Zone Branch

 

Legal Representative: Weiqiang Wang

 

Address: No.25 Gaoxin Road Xi’an city

 

Borrower (partyB): Yangling Dongke Maidisen Pharmaceutical Inc.

 

Address: No.8 Xinqiao Road Yangling Demonstration Zone

 

Legal Representative: Dongke Zhao

 

PartyA accept the Entrust of Shaanxi high Tec industry investment co.Ltd (principal), release RMB (currency) to PartyB. The parties is subject to the 2009 loan No.012 Entrust Loan

Agreement and the provisions of Entrust Loan Notice signed in 2009. Through equally negotiation, the parties agree as follow:

  Article 1 currency, items, type, amount, usage, rate, and deadline:

 

	
Currency: Renminbi

	
Item

	
Type: (1) fixed asset loan  (2) circulating capital loan √

	
Amount: (written in words) 玖佰万                   (number):9,000,000

	
Usage: turnover of circulating capital

	
Rate: 7%

	
Deadline: 12 month. (based on the agreed date)

 

Article 2 PartyB must submitted the usage plane of the loan to PartyA and the related procedure must be done within 3 days before withdraw the money.

 

Article 3 PartyB promises to use the following capital to repay the loan:

 

	
(I)  

	
all the income

 

(ii)

 

(iii)

 

Article 4 PartyB must repay the loan on the agreed deadline. If PartyB wants to repay the loan ahead, it must inform PartA and get written consent.

 

Article 5 Interest

 

Interest of the loan under this contract is settled by month (month/season), and the settlement day is the 20th of each month.

 

 

  

  

  

 

 

 

If the rate is changed by the state or the consignor’s requirement, with the written consent from PartyB, the rate can be changed. And the rate is executed from the date of effectiveness.

 

Article 6 if PartyB (or third party)is required to provide loan assure in the Entrust loan notice signed with consignor, PartyB is obligated to meet the requirements, signed the assure contract with PartyA as the subsidiary one .

 

Article 7 within the expiration of the agreement, PartyA has the right to review the status of the money, and PartyB shall be obligated to provide the real and detailed information.

 

Article 8 Termination and Revising of the Agreement

 

    In the event that any party needs to terminate the agreement, a written consent must be signed among PartyA, PartyB and consignor.

 

Article 9: Liability for breach of contract

 

1 If PartyA fails to release the loan in full amount on schedule according to this contract to the borrower, which incurs loss to the borrower, the PartyB shall pay penalty for breach of contract to the PartyA based on the amount of breach and days delayed. The penalty for breach of contract is calculated in the same way as the calculation of interest in the case of delayed repayment

 

2 If PartyB fails to use the loan according to the purpose specified in this contract, PartyA will collect a fine for breach of contract starting from the date of breach according to the interest rate of loan stipulated in this contract with 100% plus until the principal and interest are paid off.

 

3 If PartyB fails to pay back the loan principal according to the period specified in this contract, PartyA will collect default interest starting from the date of delay of payment according to the interest rate of loan stipulated in this contract with 50 % plus until the principal and interest are paid off.

 

4 PartyB repay the loan ahead without the consent the other Party, PartyA has the right to declare to repay the loan in scheduled time, and collect fine on the advance repaid money.

 

5 During the expiration of the agreement, in the event of the following occasion occur, PartyA is entitled to recall the loan and related fees. (i) PartyB violates the agreed rules. (ii) the operation status of PartyB becomes deterioration。(iii)the operation status of assuror becomes deterioration. (v) The destroy of mortgage, or devaluation of pledge, all of which that can endanger the loan. (vi) Other occasions that recorded in the financial laws or provisions.

 

Article 10 .Any notice payment notice or telecommunications shall be forwarded to the following address:

 

 

 

 

  

  

  

 

 

  Lender (PartyA): No.25 Gaoxin Road Xi’an city

 

   Borrower (partyB): No.8 Xinqiao Road Yangling Demonstration Zone

 

If any change of address shall inform the other party immediately.

 

Article 11 Settlement of the Dispute

 

   Interpretation and dispute resolution shall be subject to the Laws of the Peoples Republic of Chin. The disputes arising from the execution of this contract shall be settled through friendly consultation by both parties. In case no settlement can be reached, the follows ways are aviliable:

 

	
(i)  

	
Submitted to the Xi’an local Court for judgment.

 

	
(ii)  

	
Apply for arbitration

 

Article 12 The uncovered items could be discussed by parties, and supplementary agreement is allowed.

 

Article 13 This contract become effective after signed by the authorized representatives of both parties until the loan and the interests and other related expenses be cleared up.

 

Article 14 this agreement has three copies, one for each.

 

PartyA: (seal)                                     PartyA: (seal)

 

Signed:                                               Signed:

 

Date:                                                  Date:

 

  

  

  

 

Irrevocable Guarantee of Entrust Loan

                             Contract NO.: 2009 Loan No.012

 

 

 

To: Merchant Bank Co.Ltd Xi’an High Tec Development Zone Branch

 

      WHEREAS, the bank accepts the Entrust of Shaanxi high Tec Industry Investment Co.Ltd (principal) to release Entrust loan to Borrower: Yangling Dongke Maidisen Pharmaceutical Inc (borrower). The Entrust loan agreement and Entrust borrow agreement are signed between bank and principal. According to the provision s of the two agreements, the bank should release 9,000,000 Entrust loans to borrower.

 

Upon the borrower’s request, principal is agreed to guarantee for the joint liabilities specified in the Entrust loan agreement. The agreed as follow:

 

   Article 1 The Means of Guarantee

 

	
1.1  

	
The principal take joint liability for the unpaid loan borrowed from the bank when borrower did not repay on time according to the Entrust loan agreement. And the principal also take joint assure liability if the bank recall the loan ahead.

 

Article 2 The scope of liability is the rate, penalty, fine rate, agreed on the Entrust loan agreement.

 

Article 3 The principal confirms to take joint liability for borrowers. If the borrower did not repay the loan in time, or other violate behaviors, the principal has to take the responsibility. The bank has the right to claim the principal to take the responsibility and repay the loan.

 

      The claim notification has unchangeable legal effect; the principal must the repay the unpaid loan within 5 days after receiving the notification.

 

Article 4 This guarantee is independent, everlasting, irrevocable, and did not be affected by the Entrust loan contract, as well as any change of the borrower, including breakup, reconstruction, liquidation, and out of operation. And the responsibility of the principal will not be changed by the contracts signed with others and other events.

 

Article 5 The principal also take the joint liability specified in the supplementary agreement of the Entrust loan agreement.

 

Article 6 The liability of the principal will keep in fore two years later after the borrower repays the loan.

 

Article 7 The principal agrees as follow:

 

 

 

 

  

  

  

 

7.1 The principal is approved by , registered in Industrial and commercial administrative department (No:    ), is qualified legal personal, organization. or a natural or a legal person with full civil capacity (ID number ; 610113195411180418), and willing to take the liability specified in the guarantee.

 

7.2 The principle is willing to take the liability and not forced.

 

7.3 The principal is approved by the board or other authorities.

 

7.4 The financial statement and other documents provided by the principal are all authentic, and the legal representative of the principal take the liability.

 

7.5 According to the bank’s requirements, issuing a insurance certificate

 

7.6 before the guarantee expired; the principal guaranteed loan shall not excess their own interest.

 

7.7 If any change of the principal may affect carrying this agreement, a note to the bank is needed.

 

7.8 The bank is authorized to deduct the account money of the principal until repay the entire loan and other reasonable fees of the bank.

 

7.9 The successor and assignor of the principal are all subject to this agreement. And the principal shall not transfor the obligation without the consent of the bank.

 

Article 8 during the validity period, if the bank delayed to carry out their rights can not be considered that they have already give up their rights.

 

Article 9 all the terms used in this agreement is in consistency with the terms used in Entrust loan agreement.

 

Article10 all the related files shall be transformed in writing.

 

Address of the principal: No.8 Xinqiaolu, Yangling Demonstration Zone, Shaanxi.

Any change shall inform the bank in time. Or else, the principal take the consequences.

 

Article11 this agreement is subject to the laws of PRC, and any disputes arised from this agreement shall be settle down through the agreed solution.

 

If this agreement gets the legal approval, and the bank is entitle to apply the local court to carry out this agreement if necessary.

 

Article12 the effective date of this agreement

 

12.1 if the principal is a legal person or organization, the signed or sealed is represent the effectiveness of this agreement.

12.2 If the principal is a natural person, signature declares its effective.

 

This agreement has three copies, one for each, has the same legal effect.

Principal (sign): Dongke Zhao       Jingkun Wei

ID number:

Address:

Tel No.:

Account bank and number:

Date: 11.17.2009

 

 

  

  

  

Notarial Certificate

(2009) NO. NO10811

Applicants:

Party A: Merchant Bank Co.Ltd Xi’an High Tec Development Zone Branch Xi’an Hi-Tech Industries Development Zone, Registration No.of business license: 6100001805372

Legal representative: Werqiang Wang

Entrusted agent: Yu Kang

Party B: Yangling Dongke Maidisen Pharmaceutical Inc. Registration No.of business license: 610403100004557. Address: No.8 Xinqiao Road Yangling Demonstration Zone Shaanxi.

Legal representative: Dongke Zhao

Party C: Dongke Zhao, Male, born on Nov. 18th 1954, address is No.201 Zhuque road of Yan Ta Area, Xi’an, Shaanxi. ID No.:610113195411180418

Party D: Jingkun Wei, Femal, born on sep. 25th 1954, address is 6floor 602, Tianyuan Xiaoqu, Yangling Demonstration Zone. Xi’an, Shaanxi. ID No.:610113195411180418

Notarial Items: Entrust Loan Contract, Guarantee Contract

Party A, B, C ,D apply for notarization and mandatory power of the above Entrust Loan Contract, and Guarantee Contract on Nov. 19th. 2009.

PartyA provided the following certificate materials: 1 Bussiness Liscense. 2 the code number of organization. 3 the approved commercial license. 4 the ID card of Weiqiang Wang 5 the Entrust document and the ID card of Kang Yu. PartyB provide the following materials: 1 Bussiness Liscense. 2 the code number of organization. 3 the ID card of Dongke Zhao 4 Shareholder’s resolution. 5 the Entrust files, promise files and notification files used in apply for mandatory power. PartyC provided the following certificate materials:1 ID card 2. the Entrust files, promise files and notification files used in apply for mandatory power. PartyD provided the following certificate materials: 1 ID card 2. the Entrust files, promise files and notification files used in apply for mandatory power. Party A, B, C ,D all submmite the above contracts Entrust Loan Contract and Irrevocable Guarantee of Entrust Loan Contract.

Notatry reviewed all the above materials, and let the fours parities know their own rights and obligations and the consequences from carrying out the mandatory power.

After investigation, the above four parties signed the Entrust Loan Contract and Irrevocable Guarantee of Entrust Loan Contract. The four parties have capacity for legal civil rights and civil conducts, representatives have equal attorneyships. They clearly represented their meanings, agreed on the above contracts and signed in the Entrust Loan Contract and Irrevocable Guarantee of Entrust Loan Contract. They agreed that: Party A releases 9,000,000RMB to PartyB and Shaanxi High Tec investment co.ltd is their principal. The term of the loan is 12 month, the rate is 7%. To assure the implementation of the contract, PartyC and PartyD take the joint liability of the consequences.

Party A, B, C ,D are agreed to sign on the guarantee contract. Party B, C ,D are will to accept the mandatory solutions carry out by the local government, when they violate the contracts.

In accordance with the above facts, hereby certify, the behavior signining Entrust Loan Contract, Guarantee Contract of four parties conform to the fifty fifth article of <General Principles of Civil Law of the People’s Republic of China>, the content conforms <Contract Law of the People’s Republic of China> and <Guarantee Law of the People’s Republic of China>, the signature and seal of three parties are true and real.

In accordance with the regulation and acts of <Code of Civil Law of the People’s Republic of China>, <Notary Law of the People’s Republic of China> and three parties, grant the Entrust Loan Contract and Guarantee Contract with mandatory power. In event of PartyB,C,D do not execute the above contracts, the PartyA shall apply for execution certificate from us, and apply for mandatory execution from court of competitive jurisdiction within the expiry date of this contract according to <Code of Civil Law of the People’s Republic of China>.

Notary Office of Xi’an, Shaanxi, PRC

Notary: Xiuwu Xia

Dec 19th 2009

Notary Office of Xi’an (seal)

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