EXHIBIT 4.19
Supplementary Agreement on Imported Material for Processing
Party A: Shenzhen Long Gong City Ping Hu Golden Bright Factory
Party B: Golden Bright Plastic Manufacturing Co. Ltd.
Business Unit: Shenzhen Long Gong City Foreign Economic Services Company
The original agreement is expired on 20 February, 2009. Due to successful mutual cooperation and the expansion on production capacity, Party A and Party B agree to extend the agreement by ten years, i.e. the new expiry date is 20 February, 2019. Below are the supplementary clauses:
a. | Fixed Processing Fee is adjusted to USD1.66 per square meter monthly. |
b. | Local Labour Working Fee is adjusted to USD83.33 per head monthly. |
c. | Due to Inflation, Fixed Processing Fee and Local Labour Working Fee will be adjusted in every two years with mutual agreement. |
All other clauses remain unchanged.
This Agreement has 6 original copies and the agreement must be signed and stamped by all parties and need the approval by the related authority in order to come into effective.
Party A: Shenzhen Long Gong City Ping Hu Golden Bright Factory
Legal Representative (signature) :
Address :
Telephone :
Party B: Golden Bright Plastic Manufacturing Co. Ltd.
Legal Representative (signature) :
Address :
Telephone :
Business Unit: Shenzhen Long Gong City Foreign Economic Services Company
Person-in-charge (signature) :
Address :
Telephone :
(all Parties signed and stamped)
Date: 28 February, 2008