EX-10.7 8 a06-9963_1ex10d7.htm EX-10

Exhibit 10.7

 

The Contract of Termination

 

Party A: Harbin Hainan Kangda Cactus Hygienical Food Co., Ltd.
Party B: Dalian River Planting Base

 

Under the principle of mutual support, mutual benefit and common development, Party A and Party B have entered into the following agreement:

 

1.               Part B provide 35 Mu farming land to Part A for the Cactus planting and development. The lease period is 5 years.

 

2.               It has a high cost of cactus planting as it has a long distance from Part A to Part B, Part A decide to terminate the lease contract with Part B, Part A will pay the rent until at the end of 2005.

 

3.               Due to Party A relieve the contract ahead of schedule; Party A will transfer greenhouse and related appurtenances to Party B at preferential price. The specific transfer agreement will be arranged within another day.

 

Party A: Harbin Hainan Kangda Cactus Hygienical Food Co., Ltd.

 

Authorized Representative (Sealed): Jinjiang Wang

 

Party B: Dalian River Planting Base

 

Authorized Representative (Sealed): Meng Qiao

 

January 5, 2006