EX-10 3 Ex10.4_C.htm

Sales Agreement

                                    

Party A: Himin Holdings Co Ltd., hereinafter referred to as the " Seller"

Party B: China Inc. hereinafter referred to as the" Buyer", both Parties have concluded the Contract as follows:

 

1. THE SUBJECT OF THE CONTRACT

 

1.1 The Seller will sell and Buyer will buy solar panels in quantity according to separate Commercial Invoices

which will be made out on each batch of goods.

 

2. Commodity and specifications:

 

2.1 Solar Modules ( Mono-Crystalline)

 

Models HG-155S, HG-160S, HG-165S, HG-170S, HG-175S, HG-180S, HG185S

 

3. THE PRICE

 

3.1 The prices for the goods negotiate under the contract, are fixed in US dollars, F.O.B. and are specified

in Commercial Invoices. Unit-price:$1.80/Watt. There are no minimum purchase requirements. Packing,

loading, export customs charges are included into the price of the goods.

 

4. DELIVERY TERMS

 

4.1 Delivery of the goods is carried out by separate batches according to the Commercial Invoices.

 

4.2 Seller will confirm the date of shipment to the Buyer by fax or email.

 

4.3 There are no minimum purchase requirement for each Commercial Invoice.

 

5. PAYMENT TERMS

 

5.1 Payment of the goods is in US dollars, through bank transaction in amounts reflected

on the Commercial Invoice.

 

6. PACKING, QUALITY OF THE GOODS

 

6.1. The Goods should be shipped in the standard packing providing safety of the goods. Storage of goods

is at buyer's own facility.

 

6.2. The Seller warrants the quantity of goods specified in the Commercial Invoice.

 

7. DOCUMENTS REQUIRED

 

1. Original Packing list ; 2.Commercial Invoice.

 

8. FORCE-MAJEUR

 

8.1 The Parties are released from liabilities under this Contract, if the non-fulfillment

was caused by Force-Majeure, namely: fire, flood, earthquake, war and rumors of war.

 

8.2 Force Majeure also means other unforeseeable conditions that prevent the Seller

or the Buyer carry out the terms of this Contract.

 

9. ARBITRATION

 

9.1. All disputes arise from this Contract will be first resolved by negotiation between the Parties.

 

9.2. In case the Parties are unable to settle their disputes , they shall submit their disputes to a binding

arbitration. Arbitration proceeding shall be held in the State of Texas.

 

 

10. ADDRESSES OF THE PARTIES

 

Seller:

HIMIN HODLINGS CO LTD

LIJIANG RD

Economic Development Zone

Dezhou, Shangdon 253090

China

www.himinpv.net

 

Buyer:

China Inc.,

12520 A1 Westheimer #138 Houston, Texas 77077 U.S.A.

 

 

By: /s/ James Ma By: /s/ Tian Jia

HIMIN Holdings Co Ltd China Inc.,

 

Date: November 24, 2010

 

 

 

 

 
 

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