Additional Clauses of Chartered Joining Agreement

Additional Clauses of Chartered Joining Agreement

1. Party B shall pay RMB yuan as charge of project creation as soon as the agreement is signed.
2. If Party B makes payment within the term stipulated by the agreement, the guaranty funds shall be brought into the amount listed in the agreement (offsetting the charge for joining).
3. If Party B breaks the agreement, the guaranty funds shall be taken as the compensation for the losses of Party A.
4. As is known by the two parties, since Party A has thought highly of the agreement and brought Party B into the joining plan, it will bring losses to Party A if Party B breaks the agreement.
5. The additional clauses are concluded for binding two parties to enforce the agreement. Before Party B is given the official charted joining right, the two parties must sign the chartered joining agreement and execute it accordingly.

Party A: Beijing United Australia & America Chemical Technical Development Co., Ltd
Corporate Representative: (signed)
Date:

Party B:
Corporate Representative: (signed)
Date:

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