来件装配合同

ABC Electronic Industries Ltd. (hereinafter called Party A) 12/15, Nishi 1-chome, Tokyo, Japan and Guangzhou Electronic Industries, Ltd. (hereinafter called Party B) 5, Beijing Road, Guangzhou, China have mutually agreed that Party A entrusts Party B with the manufacturing of transistor radios in Guangzhou with all necessary parts and components supplied by Party A under the terms and conditions specified as follow:

modity and Quantities for Assembling

modity: transistor radios

b.Quantity: 500000sets in total

2.Parts and components either to be supplied by Party A or to be purchased in

Guangzhou by Party B are as per the list attached.

3.The assembling charge for each model is as follow:

a.6-transistor set at US $0.50 each

b.8-transistor set at US $0.60 each

c.9-transistor set at US $0.65 each

d.10-transistor set at US $0.70 each

e.11-transistor set at US $0.75 each

f.12-transistor set at US $0.80 each

g.14-transistor set at US $0.90 each

4. a. The main parts, consumption articles and components required for

assembling will be sent in time to Guangzhou by Party A and if there is any shortage of , or damage to these parts and components, Party A shall be responsible for supplying replacement.

b.Party A shall pay Party B by opening an irrevocable L/C covering the full

amount of assembling charges and costs of parts, consumption articles and components purchased in Guangzhou by Party B, one month before the shipment of the finished products concerned.

c.Party B shall complete the manufacturing of all transistor radios and effect

shipment within the time mutually agreed unless some unforeseen circumstances beyond control have occurred.

5.The Damage Rate of Parts and Components

The damage rate of parts and components in assembling is 3%, and such a rate of loss of parts and components shall be supplied free by Party A. in case of the damage rate exceeds 3%, Party B shall provide at its own expense for the excessive damage to parts and components needed for assembling.

6.Parts and components supplied by Party A for transistor radios shall be

assembled by Party B strictly according to the design specified by party A without making alteration.

7.Technical Service

Party A agrees to dispatch technicians to Guangzhou to help training technicians of Party B at the request of the latter at any time an allows the said technicians to remain with Party B for inspection of finished products.

In such a case, Party B agrees to pay monthly salary RMB 500 for each person. All other expense (including round trip tickets) shall be borne by Party A.

8.All import and export procedures in connection with this Contract shall be

taken care of by Party B.

9.All transistor radios assembled by Party B will be shipped to foreign buyers

designated by Party A. The relevant freight and insurance premium shall be borne by Party A.

10.Other Terms and Conditions

a.The trade marks of transistor radios will be supplied by Party A and

should there be any illegal involvement, Party A is to be held fully responsible.

b.All parts and components purchased by Party B in Guangzhou , if

necessary for assembling transistor radios, must measure up to the quality standard of ,and be approved by Party A beforehand.

c.For promoting export business, Party B must get ready samples of

transistor radios and send them at any time by air to foreign buyers designated by Party A. All parts and components required and air freight paid for this purpose shall be supplied and borne by Party A. 11.This Contract shall be made in triplicate and Party A and Party B, after

signing all copies, retain one copy respectively and submit the other one to the Government authorities concerned in Guangzhou for registration.

ABC ELECTRONIC GUANGZHOU ELECTRONIC INDUSTRIES, LTD. INDUSTRIES, LTD

…. ….

J. Tanaka, Manager Chang Li-ming, Manager Signed at China Hotel, Guangzhou, on October 15, 2000