name: Jindelikang Propolis and Black Ants Capsule
Harbin Humankind Biology Technology Co. Limited (Party A)
Beijing Jindelikang Bio-Technology Co., Ltd. (Party B)
signing: Harbin City
signing: October 12, 2007
Validity: Long Term
parties negotiate and sign this agreement about transfer of ownership of
Jindelikang Propolis and Black Ants Capsule (approval number: GSJZ G20040906
Duration, Place and Method
shall provide to Party A with all ducuments of the product within 5 days of the
effect date of this agreement.
of transfer includes the formula and processing technique of Jindelikang
Propolis and Black Ants Capsule.
III Scope of Using Nonpatented Technology
shall not produce and sell the products without the consent of Party A and shall
not transfer the fomula and processing technique of the product to other
transfer price: RMB 350,000.
Settlements to Disputes
the period of the agreement is executed, both parties agree to solve the
disputes by negotiation. If both parties do not want to solve by negotiation or
can not come to a conclusion by negotiation, both parties agree to solve such
problem by legal procedures.