Exhibit
10.4a
Land Contracted Circulation
Agreement
Party B:
Xiamen Yijun Modern Agricultural Development Co.,
Ltd.
Witness:
Tong’an District Zhuba Overseas Chinese
Farm
This Agreement is signed by and between the
Parties upon full negotiations, on terms and conditions as
follows:
I. Area,
location and grade of land subcontracted
Party A shall subcontract the contracted land at
Liucuo Production Squad of Tong’an Zhuba Farm New
Village Administration Area , with Forty mu of
contracted land (field), and the contracted land at Baishi
West , also of Tong’an Zhuba Farm New Village
Administration Area , with Sixty mu of contracted land
(field), totaling One Hundred mu of contracted land (field)
(hereinafter land of the Project) to Party B for exported vegetable
growth and quality variety fostering bases. The ownership of the
lands contracted belongs to the collective unit, while Party B only
has the land use right and may not trade, lease or idle away the
lands, or use such for housing construction.
II. Period
of subcontracting
The period of subcontracting shall be ten (10)
year commencing Jan 1 st 2009 and
ending Dec 31 st
2018. In the event the actual date
of land handover is later than the date above specified, the ending
date shall be postponed accordingly.
III. Charges
for subcontracting and mode of payment
During the valid period of subcontracting, the
charges for subcontracting shall be RMB 550.00 (renminbi FIVE
HUNDRED AND FIFTY yuan only) /mu/year. The charges shall be
payable by year in a lump sum, namely, a payment of RMB
55,000.00 (renminbi FIFTY FIVE THOUSAND yuan only) shall be
payable on the January 1 st each
year. In the event Party B fails to pay such on schedule, it shall
bear the bank interests upon the charges delayed in addition to
charges agreed.
IV. Rights
and obligations of Party A
1. Party A shall guarantee its eligibility to
sign the Agreement, and its right to circulate by subcontract the
aforementioned lands to Party B for agreed use as plantation bases,
or Party A shall have handled all necessary formalities (if any
such).
2. During the subcontract period, Party A shall
ensure that, the lands for the Project shall qualify the tests and
reviews relevant state authorities carry out on Non-polluting
Plantation Land, and can be granted relevant certificates and
accreditations.
3. During the subcontract period, where Party B
requests for the purpose of planti