Exhibit
10.4g
Contracted Circulation Agreement For Fruits-bearing Land
Party A:
Jiang Yonghua (ID No. 620123196701113713)
Party B:
Xiamen Xinyixiang Catering Distribution Co., Ltd
Through
friendly consultation, Party A and Party B have reached this
Contract under the terms and conditions set forth as
follows:
1. Area and
Location of the Contracted Fruit-bearing Forest
Party A shall
subcontract the fruit-bearing land, situated at Jiangjiaying
Village Dingyuan Township Yuzhong County with an area of 138.64 mu
(hereinafter referred to as “the land for this
project”), to Party B, which shall be used by Party B as the
base for cultivating fruits for exporting to abroad and
high-quality fruit species. The ownership of the contracted land
belongs to the collective and Party B shall only have the right of
using this land hereto and shall not carry out any activities of
buying and selling, leasing, desolating this land or using it as
house sites.
The term of
this Contract shall be ten years from October 1st, 2009 to
September 30th, 2019 (up to the time when all the fruits have been
collected in the year).
3. Contract
Fee and Payment
During the land
contract period, the contract fee shall be 3000RMB/mu per year with
a total amount of RMB four million one hundred and fifty-nine
thousand two hundred ( ¥
4,159,200), which shall be paid in
three installments. Party B shall pre-pay the rental for three
years amounted to RMB one million two hundred and forty-seven
thousand seven hundred and sixty ( ¥
1,247,760) on the 10
th day from the date of signing this Contract; and
pay the rental for another three years totaled RMB one million two
hundred and forty-seven thousand seven hundred and sixty (
¥
1,247,760) prior to the October 1st,
2012 as well as the rental for the last four years added up to RMB
one million six hundred and sixty-three thousand six hundred and
eighty ( ¥
1,663,680) before the October 1st,
2015. In the event that Party B fails to pay the abovementioned
amount on time, it shall bear the interest arising on the overdue
amount which equals to that of the bank over the same
period.
4. Party
A’s Rights and Obligations
1). Party A
shall guarantee that it has the right to sign this Contract and is
entitled to subcontract the mentioned land to Party B for
cultivation under this Contract.