EX-10.4
from 10-K/A
6 pages
No: Cont-C-4 Date: Feb 26, 2009 the Buyer: Kotakurja Private Limted the Seller: Kuong U Science and Technology (Group) Limited the Contract Is Made by and Between the Buyer and the Seller, Whereby the Buyer Agrees to Buy and the Seller Agrees to Sell the Under-Mentioned Commodity According to the Terms and Conditions Stipulated Below: Description Quantity Unit Price (Usd, Cif Chennai) Amount (Usd) Solar Module 12v-10wp 2,800 Pcs $ 27/Pcs $ 75,600 Solar Module 12v-40wp 1,300 Pcs $ 110/Pcs $ 143,000 Total Amount Pay US Dollars Two Hundred and Eighteen Thousand Only ($218,000) Terms and Conditions 1. the Seller Shall Start Production Upon Receiving the 5% Deposit From the Buyer. 2. Port of Loading: Macao, China 3. Port of Destination: Cif Chennai, India. 4. Delivery Time: Within 18th March, 2009. 5. Terms of Shipment: The Carrying Vessel Shall Be Appointed by the Seller. After Loading Is Completed, the Seller Shall Notify the Buyer by Fax Indication the Contract Number, Name of Commodity, Quantity, Name of the Carrying Vessel and the Delivery Time. 6. Terms of Payment: 5% Deposit and the Balance Paid by Irrevocable L/C at Sight. the Original Correct L/C Shall Reach to the Seller Within the First Week of March, 2009 and Remains Valid for Negotiation in China Within 90 Days After Shipment. 7. Insurance: To Be Effective by the Seller for 110% of Invoice Value Covering
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