Document:

f8k012811ex10ix_tradelink.htm

Exhibit 10.9

 

Feed Supplier Agreement

Supplier (Party A): Agribrand Purina (Harbin) Feed Co., Ltd.

Purchaser (Party B):  Heilongjiang Xinhua Cattle Industry Co., Ltd.

In consideration of the mutual covenants and agreements as set forth below, and in compliance with the “Contract Law of the People’s Republic of China,” it is hereby covenanted and agreed by both parties as follows:

1.  Cooperation

During the term of this Agreement, Party B shall supply feeds to Party A each month pursuant to Party A’s supplier’s list, while Party B shall make a monthly payment to Party A pursuant to the acceptance list.

2.  Qualitative Requirements

The feeds supplied by Party A shall comply with all applicable national sanitary standards and be suitable for daily consumption by the cows in Party B’s farms.

3.  Term

This Agreement shall be effective for a term of two (2) years, effective from the execution date..

4.  Delivery and Acceptance

1) Time of delivery: Within five (5) days after receipt of Party B’s orders, Party A shall deliver the goods to Party B;

2) Delivery location: Yaokule Village, Changqing County, Fulaerji District, Qiqihar, Heilongjiang Province;

3) Party A shall examine the goods upon delivery; If Party A has any disputes regarding the weight of the goods, Party A may verify with Party B; Party B shall not be responsible for any damages during the transportation.

 

5.  Payment

 

Cash payment: Party B shall make the payment by cash at the end of each month.

6.  Breach Liability

     1) In circumstances where one party fails to timely deliver the goods or make the payment, the party shall compensate the other party with 1% of the entire purchase price for each day delayed; For delay over 15 days, the party may termination this Agreement and ask for compensation from the other party;

  

  

  

      2) For damages to Party A resulting from Party B’s failure to provide the necessary acceptance condition, Party B shall compensate Party A for such loss and damages;

      3) Party B may refuse to accept any goods from Party A not in compliance with the qualitative requirements. For serious noncompliance, Party B may terminate the whole agreement; For damages to Party B resulting from the noncompliance, Party B shall be liable for the loss and damages;

      4) Under special circumstances where Party B is no longer in need of the goods from Party A, or Party A does not have sufficient goods to be delivered to Party B, each party shall notify the other at least ten  (10) days in advance before terminating the Agreement. One party shall compensate the other for damages resulting from failure to make such timely notice;

      5) One party shall compensate the other for damages resulting from terminating the Agreement without due cause or unilaterally amending this Agreement.

7.  Force Majeure

If any party fails to perform this Agreement due to force majeure, the party shall timely inform the other of the reason for such failure. After obtaining certificates from relevant authorities, the party may be permitted to postpone or relieve from performing this Agreement.

8.  Dispute Resolution

All disputes arising from the performance of this Agreement shall be settled through timely negotiation by both parties; In the event that the dispute could not be settled through negotiation, any party may submit the dispute to relevant authority for medication, to the arbitration committee for arbitration, or to the people’s court for litigation.

9.  Issues not covered in this Agreement may be governed by supplemental agreements entered into by both parties through negotiation. The supplemental agreement shall have the same legal effect as this Agreement.

10.  This Agreement shall be executed in two (2) copies with each party holding one copy. Each copy shall have the same legal effect.

           IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and become effective as of the date below upon the signature and seals by both parties.

	  	  
	
Party A

	
Party B

	
Agribrand Purina (Harbin) Feed Co., Ltd.

	
Heilongjiang Xinhua Cattle Industry Co., Ltd.

	  	  
	
Date:  December 26, 2010

	
Date:  December 26, 2010

 

 

 

2f8k012811ex10x_tradelink.htm

Exhibit 10.10

 

Cow Purchase Agreement

Party A (Buyer):  Heilongjiang Xinhua Cattle Industry Co., Ltd.

Legal Representative:  Yilin Shi

Principal Place of Business:  Yaokule Village, Changqing County, Fulaerji District, Qiqihar, Heilongjiang Province

Party B (Seller):  Beijing Qinfeng Xiongte Cow Development Co., Ltd.

Legal Representative:  Kangyun Yang

Residence:  Rome 708, South Tower, 23 Anyuanbeili, Chaoyang District, Beijing

In consideration of the mutual covenants and agreements as set forth below, and in compliance with the “Contract Law of the People’s Republic of China,” it is hereby covenanted and agreed by both parties as follows:

1.  Basic Requirements

	
No.

	
Category Name

	
Place of Origin

	
Grade

	
Specific Requirements

	
Quantity

	
Unit Price

(RMB)

	
Total Purchase Price (RMB)

	
1

	
Holstein cows

	
Beijing

	
A

	
See Section 2 below

	
2,400

	
8,000

	
19,200,000

	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  
	
Total

	  	
2,400

	  	
19,200,000

2.  Qualitative Requirements

     1) Qualitative requirements:  Between 300-500 kilograms, more than 27 months old, during the lactating period;

     2)  Party B shall establish various records for the cows;

     3)  Party B shall provide certificates for the absence of illicit drugs.

3.  Payment

     1)  Party A shall make the initial payment of RMB 3,840,000 to Party B before December 1, 2010;

     2)  Party A shall make the second payment of RMB 5,760,000 to Party B before January 1, 2011;

     3)  Both parties agree to settle the remaining amount within six (6) months upon the execution of this Agreement;

     4)  Method of payment: Wire

     5)  Party B’s account information:

          Bank: China Construction Band, Anhua Branch, Beijing

          Account Number: 11001071700053003549

 

  

  

  

4.  Place of Delivery; Transportation Fee

     1) Party B shall deliver qualified cows to Party A within 10 days upon the execution of this Agreement;

     2)  Place of delivery: Location as designated by Party A;

     3)  Transportation fee: Party B shall be responsible for the transportation fee.

5.  Checking and Acceptance

     The cows shall comply with the requirements of Party B and the applicable national sanitary requirements.

6.  Miscellaneous

     Party B shall be responsible for the caring of the cows before and during the transportation. Party B shall also take all the risks during the transportation process, until the cows are property delivered to Party A.

7.  Breach Liability

 

     1) In circumstances where Party B fails to deliver the cows on time, Party B shall compensate Party A with 0.5% of the entire purchase price for each day delayed; For delay over 15 days, Party A shall be entitled to termination this Agreement and ask for compensation from Party B;

     2) In circumstances where Party A fails to make the payment on time, Party A shall pay Party B 0.5% of the entire purchase price for each day delayed; For delay over 15 days, Party B shall be entitled to termination this Agreement and ask for compensation from Party A;

     3) For damages to Party B resulting from Party A’s failure to timely accept the cows delivered by Party B, Party A shall compensate Party B for such loss and damages;

     4)  For cows not satisfying the qualitative requirements, Party A may refuse to accept; For serious qualitative issues, Party A shall be entitled to terminate the whole agreement. For damages to Party A resulting from such qualitative issues, Party B shall compensate Party A for such loss and damages;

     5)  Any party terminating the Agreement or unilaterally amend the Agreement without a due cause shall compensate the other for any subsequent loss and damages.

8.  Termination

      This Agreement shall automatically terminate upon the completion of the performance of the whole Agreement;

 

9.  Force Majeure

       If any party fails to perform this Agreement due to force majeure, the party shall timely inform the other of the reason for such failure. After obtaining certificates from relevant authorities, the party may be permitted to postpone or relieve from performing this Agreement.

 

  

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10.  Dispute Resolution

       All disputes arising from the performance of this Agreement shall be settled through timely negotiation by both parties; In the event that the dispute could not be settled through negotiation, any party may submit the dispute to relevant authority for medication, to the arbitration committee for arbitration, or to the people’s court for litigation.

11.  This Agreement shall be executed in two (2) copies with each party holding one copy. Each copy shall have the same legal effect. Issues not covered in this Agreement may be governed by supplemental agreements entered into by both parties through negotiation.

           IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and become effective as of the date below upon the signature and seals by both parties.

 

	Party A	Party B
	Heilongjiang Xinhua Cattle Industry Co., Ltd. 	Beijing Qinfeng Xiongte Cow Development Co., Ltd.
	 	 
	Legal Representative: Yilin Shi	Legal Representative: Kangyun Yang
	 	 
	Date:  September 24, 2010	Date:  September 24, 2010

 

 

 

 

 

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