Exhibit 10.23
Purchase and Sell Contract of Vacant Capsule
1 Products Name, Specifications, Quantity, Total Amount, Delivery Date and Quantity
| Specificati-ons | color | Print-ed name | Col-or | Quanti-ty (10000 unit) | Unit Price (yuan/1000 unit) | | Total Amount | Delive-ry Date and Quantit-y |
| 0# | Hat:pi-nk Body: white | Hat: | Hat: | 5000 | 128 | | 75800 | Based on the order sheet |
| 1# | red | | | | 118 | | | |
| Total Amount (in words) | |
Note: the actual delivered quantity shall not exceed 8±% than the ordered Quantity. |
2 Delivery Place and Means of Transportation: the purchaser’s warehouse, by car or train.
3 The Standard for Check and Accept: The People's Republic of China Pharmacopoeia (2000 version)
4 .Terms of payment and Time: time: 30days after receiving the goods；
. Terms of payment: bank remittance
5 Objection Period: 14 days after receiving the goods.
6 The Liability of Breach the Agreement:
(1) In the case of late delivery, the rate of penalty is charged at 0.004% for every days；If the supplier refuses to delivery the goods, the rate of penalty is charged at 10% of the remaining goods.
(2) In case of late payment, the rate of penalty is charged at 0.004% for every days; if the supplier cancel the effective order, the rate of penalty is charged at 10% of the canceled goods.
(3) The buyer must buy the produced products when he terminates the order.
7 Force Majeure: In the case of counter any Force Majeure by any party who could free from economic penalty with providing convincing evidence.
8 Settlement of Disputes: any disputes arising from this contract could be settle down through negotiation, if not, could submit to the local court.
9 Other Provision: both parities must abide by the contract; negotiation is preferred to deal with the disputes.
Jul 1, 2008 is the effective date.
Supplier Name: Agent signature Address Telephone: Zip code Bank: Account number Tax number Fax : | Buyer Name: Agent signature Address Telephone: Zip code Bank: Account number Tax number Fax : |
Validity: from Dec. 1, 2009 to May. 31, 2010
Party A: Yangling Dongke Madisen Pharmaceutical co.,Ltd
Address: 8 Xinqiao Road Yangling Demonstration Zone
Zip Code: 712100
Party B：Shanxi Guangsheng capsule Co., Ltd
Address: Room 102 Unit 2 Building 16 Xingsheng Community Xiaoyi Shanxi.
