Attached files
Exhibit 10.7
Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd.
Product Sales Contract
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Contract No.:201005011
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Date of Signing: 5/20/2010
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Seller: Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd.
Buyer: Guangzhou Tianhe Dongpu Distribution Company
Based on mutual consultations, the Parties have agreed on the following:
1. Order List
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Item
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Type
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Quantity
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Unit Price
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Amount
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Skateboard shoes
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A15056
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6336
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82
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519,552.00
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Skateboard shoes
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A8608
|
3048
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82
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249,936.00
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Skateboard shoes
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A8610
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7080
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82
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580,560.00
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Skateboard shoes
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A8613
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5088
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82
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417,216.00
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Skateboard shoes
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A8615
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3540
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82
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290,280.00
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Skateboard shoes
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A8622
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3204
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82
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262,728.00
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Skateboard shoes
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A9367
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1320
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82
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108,240.00
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Skateboard shoes
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T88507
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2016
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80
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161,280.00
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Skateboard shoes
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Z9367
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5124
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80
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409,920.00
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Hiking shoes
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A9962
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7032
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100
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703,200.00
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Hiking shoes
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A9969
|
6864
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85
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583,440.00
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Hiking shoes
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A9972
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2052
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82
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168,264.00
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Retro-Skateboard shoes
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A81003
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3432
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93
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319,176.00
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Retro-Skateboard shoes
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A81018
|
5256
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94
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494,064.00
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Retro-Skateboard shoes
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A81020
|
1920
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100
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192,000.00
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Retro-Skateboard shoes
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A81022
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3624
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100
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362,400.00
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Retro-Skateboard shoes
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A81026
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1584
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100
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158,400.00
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Retro-Skateboard shoes
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A82011
|
264
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89
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23,496.00
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Retro-Skateboard shoes
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A86072
|
636
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82
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52,152.00
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Retro-Skateboard shoes
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A86076
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2304
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82
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188,928.00
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Retro-Skateboard shoes
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A86106
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636
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82
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52,152.00
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Retro-Skateboard shoes
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Z81003
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216
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88
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19,008.00
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Retro-Skateboard shoes
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Z81007
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2940
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90
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264,600.00
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Retro-Skateboard shoes
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Z81018
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2784
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88
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244,992.00
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Retro-Skateboard shoes
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Z81019
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2604
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95
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247,380.00
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Retro-Skateboard shoes
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Z81022
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3108
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94
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292,152.00
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Retro-Skateboard shoes
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Z81026
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1944
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98
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190,512.00
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Retro-Skateboard shoes
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Z82002
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4296
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87
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373,752.00
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Retro-Skateboard shoes
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Z86076
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1488
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80
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119,040.00
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Retro-Running shoes
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A86051
|
900
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94
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84,600.00
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Retro-Running shoes
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A86052
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7776
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85
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660,960.00
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1
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Retro-Running shoes
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A86139
|
576
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95
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54,720.00
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Retro-Running shoes
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A86151
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3552
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98
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348,096.00
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Retro-Running shoes
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A86156
|
2616
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95
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248,520.00
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Retro-Running shoes
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A86160
|
984
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94
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92,496.00
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Retro-Running shoes
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A86166
|
3276
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93
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304,668.00
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Retro-Running shoes
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Z86051
|
3972
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83
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329,676.00
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Retro-Running shoes
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Z86052
|
6996
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83
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580,668.00
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Retro-Running shoes
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Z86139
|
6024
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97
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584,328.00
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Retro-Running shoes
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Z86156
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3336
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93
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310,248.00
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Retro-Running shoes
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Z86160
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2556
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91
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232,596.00
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Retro-Tennis shoes
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A85003
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2784
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90
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250,560.00
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Retro-Tennis shoes
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A85022
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3156
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91
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287,196.00
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Retro-Tennis shoes
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A87002
|
1560
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82
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127,920.00
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Retro-Tennis shoes
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Z85003
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3612
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88
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317,856.00
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Retro-Tennis shoes
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Z85022
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4320
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89
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384,480.00
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Retro-Tennis shoes
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Z87011
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3024
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84
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254,016.00
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Retro-Casual shoes
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A86038
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3480
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85
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295,800.00
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Retro-Casual shoes
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A86050
|
6432
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90
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578,880.00
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Retro-Casual shoes
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A86060
|
7776
|
96
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746,496.00
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Retro-Casual shoes
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A86061
|
6588
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86
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566,568.00
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Retro-Casual shoes
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A86063
|
4776
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82
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391,632.00
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Retro-Casual shoes
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A86065
|
1920
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95
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182,400.00
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Retro-Casual shoes
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A86068
|
4380
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93
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407,340.00
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Retro-Casual shoes
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A86080
|
2628
|
104
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273,312.00
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Retro-Casual shoes
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A86081
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3276
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104
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340,704.00
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Retro-Casual shoes
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A86085
|
1884
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92
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173,328.00
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Retro-Casual shoes
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A86092
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3228
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89
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287,292.00
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Retro-Casual shoes
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A86099
|
6528
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89
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580,992.00
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Retro-Casual shoes
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A86101
|
6180
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78
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482,040.00
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Retro-Casual shoes
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A86105
|
6276
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90
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564,840.00
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Retro-Casual shoes
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A86109
|
6336
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68
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430,848.00
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Retro-Casual shoes
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A86111
|
6336
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82
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519,552.00
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Retro-Casual shoes
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A86115
|
5472
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82
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448,704.00
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Retro-Casual shoes
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A86120
|
5436
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78
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424,008.00
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Retro-Casual shoes
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A86125
|
4392
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82
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360,144.00
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Retro-Casual shoes
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A86130
|
3852
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86
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331,272.00
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Retro-Casual shoes
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A86133
|
3756
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71
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266,676.00
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Retro-Casual shoes
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A86137
|
3588
|
95
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340,860.00
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Retro-Casual shoes
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A86181
|
7380
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82
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605,160.00
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Retro-Casual shoes
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Z86023
|
5604
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76
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425,904.00
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Retro-Casual shoes
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Z86063
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2856
|
94
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268,464.00
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Retro-Casual shoes
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Z86065
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2628
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96
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252,288.00
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Retro-Casual shoes
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Z86078
|
1392
|
89
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123,888.00
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2
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Retro-Casual shoes
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Z86080
|
3852
|
102
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392,904.00
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Retro-Casual shoes
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Z86105
|
3504
|
86
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301,344.00
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Retro-Casual shoes
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Z86117
|
6408
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86
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551,088.00
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Retro-Casual shoes
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Z86120
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5472
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76
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415,872.00
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Retro-Casual shoes
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Z86125
|
4008
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80
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320,640.00
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Retro-Casual shoes
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Z86130
|
1608
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90
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144,720.00
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Retro-Casual shoes
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Z86133
|
5244
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66
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346,104.00
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Retro-Casual shoes
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Z86181
|
1464
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91
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133,224.00
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Running shoes
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A51318
|
660
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100
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66,000.00
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Running shoes
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A8953
|
4224
|
83
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350,592.00
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Running shoes
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T57323
|
2880
|
77
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221,760.00
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Running shoes
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T8953
|
4368
|
81
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353,808.00
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Running shoes
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Z9299
|
5400
|
82
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442,800.00
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Running shoes
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A31310
|
1428
|
105
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149,940.00
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Running shoes
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A9550
|
2700
|
89
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240,300.00
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Running shoes
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T31315
|
1212
|
102
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123,624.00
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Running shoes
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T88307
|
6888
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80
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551,040.00
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Running shoes
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Z36326
|
780
|
87
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67,860.00
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Running shoes
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Z9550
|
3336
|
86
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286,896.00
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Casual shoes
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A15013
|
7968
|
65
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517,920.00
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Casual shoes
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A22320
|
408
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60
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24,480.00
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Casual shoes
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A25020
|
7596
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65
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493,740.00
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Casual shoes
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A88701
|
3252
|
78
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253,656.00
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Casual shoes
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A9663
|
6300
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69
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434,700.00
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Casual shoes
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A9672
|
1176
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65
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76,440.00
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Casual shoes
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A9927
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2820
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76
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214,320.00
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Casual shoes
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S27331
|
840
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61
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51,240.00
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Casual shoes
|
Z9265
|
4944
|
80
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395,520.00
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In Total
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32,094,348.00
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Note: The buyer shall make the payment according to the products actually delivered.
2. Quality Requirement and Period for Objection: the quality requirement is subject to the sample provided by the Seller. If the Buyer has objection to the quality of the product, the Buyer shall notify the Seller within 7 days after receipt of the product. The Seller shall not bear any liability if the Buyer does not notify the objection within 7 days.
3. Time, Place and Method of Delivery: deliver the product in batches according to the Buyer’s notifications within one(1) year, to the Buyer’s warehouse.
4. Method and Cost of Transportation: the Seller arranges road transportation on behalf of the Buyer. The Buyer shall bear all transportation cost.
3
5. Method and Schedule of Payment: the Seller shall make the payment within 60 days after the Seller accepts each batch of product without any pre-condition.
6. Performance Place of the Contract: the Seller’s location
7. Breach of Contract: if the Buyer fails to make the payment on time, the Buyer shall bear the liability to the Seller according to relevant laws.
8. Dispute Settlement: in the event there is any dispute relating to this Agreement, the Parties may settle it by consultations. If fails, any of the Parties may file a law suit with the people’s court.
9. There are two counterparts of this Agreement. Each of the Parties holds one. This Agreement shall take effect upon execution.
10. Particular Provision: if the Buyer’s sales of product hereunder exceed RMB9 million within one (1) year, the Seller shall award the Buyer 3% of the Buyer’s total yearly sales, in cash or by writing-down the same amount from the accounting receivable at the end of the year.
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Seller
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Buyer
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/s/ Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd.
Company Name: Fujian Jinjiang Chendai Ansheng Shoes and Clothing Co., Ltd.
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/s/ Guangzhou Tianhe Dongpu Distribution Company
Company Name: Guangzhou Tianhe Dongpu Distribution Company
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Adress:
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Adress:
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Legal Representative:
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Legal Representative:
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Agent:
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Agent:
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Tel:
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Tel:
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Bank Name:
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Bank Name:
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Bank Account:
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Bank Account:
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Post Code:
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Post Code:
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