Exhibit 10.14
SALES AGENCY
AGREEMENT
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No.:
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SAA0712
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Date:
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Dec. 15,
2007
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This Agreement is entered into
between the parties concerned on the basis of equality and mutual
benefit to develop business on terms and conditions mutually agreed
upon as follows:
Seller: CHANGSHA SYNO-THERM CO., LTD
(hereinafter called “Party A”)
Agent: SPHERIC TECHNOLOGIES, INC.
USA (hereinafter called “Party B”)
Party A hereby appoints Party B to
act as his agent to set the commodities mentioned below.
Party A’s authorized
commodities include microwave furnaces and relevant
devices.
Party B has the exclusive right to
sell the above mentioned commodities in the North & South
America.
This Agreement, after its being
signed by the parties concerned, shall remain in force for three
years, that is, from Dec. 15, 2007 to Dec. 14, 2010. If either
party wishes to extend this Agreement, he shall notice, in writing,
the other party one month prior to its expiration. Should either
party fail to implement the terms and conditions herein, the other
party is entitled to terminate this Agreement.
