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General Agency Agreement

Consigner:Hongkong Fangshi International Investment Group Limited<br>
Address:
Telephone:
Fax:
E-mail:
(hereinafter referred to as Consigner)

Agent: _____XXXTrade Limited Company
Address:
Telephone:
Fax:
E-mail:
(hereinafter referred to as Agent)

The two parties, in the spirit of mutual equality and amicable consultation, agree to sign this agency agreement and pledge to fulfill conscientiously all the obligations stipulated in it.
Consigner agrees to grant general dealership to the Agent.
The Agent shall promote and purchase the products in the designated territory (hereinafter called territory): ________ city ________(Country)

1.Consignment:
Consigner agrees to grant XXXTrade Limited Company the rights to sell coal or purchase petroleum in ________ city ________(Country) subject to the terms and conditions as stipulated in contract.

2.Agent’s obligations
2.1 The agent shall seek the inquiry sheet for selling coal or purchasing petroleum and forward the information to the consigner.
2.2 The agent shall report the comprehensive market conditions in region.
2.3 The agent shall conduct market research in the capacity of consigner; agent shall try its best to provide for the consigner the report on the information of goods market and competition every two months.
2.4 The agent shall send to the consigner the operational development of the region concerned in the way as stipulated in the agreement.
2.5 The agent shall expand users in the region concerned and forward to the consigner the quotation and order. It is not entitled to represent the consigner to sign any binding contract. The agent shall explain to users the sale or purchase clauses prescribed by the consigner. The consigner has the freedom to refute any quotation and order from the agent

3.Commission
Upon receiving the payment of goods, the consigner shall pay to the agent the commission of total settlement value USD 1-2/MT(Sell And Buy Contract Will Decide The Final Commission),When it involves an aggregate contract, the method of deducting commission is negotiated. The commission is computed and paid in terms of turnover. In the event that the agent needs to pay commission to the broker of the buyer or seller and the broker of the third party, the agent shall inform the consigner and the latter decides the payment.

4.Expenses
All expenses for work and traveling shall be covered by the agent

5. Consigner’s obligations
The consigner shall
5.1 provide for the agent the sample and other promotional products.
5.2 provide for the agent the list of key clients in the region so that the consigner can know it fairly well.
5.3 notify the agent to engage in direct consultation with suppliers or buyers.
5.4 the agent agreement that,The consigner places the agent's name and the address on Http://www.HKFSI.com.

6. The scope of rights and obligations
6.1 The agent has no right to interfere with the consigner in price, time, specification or other conditions as stipulated in a contract. The continuation of agent’s business is determined by the consigner.
6.2 The agent shall not assist other parties in competing with the consigner, nor profit from any enterprise rivaling with the consigner. Meanwhile, the agent shall not deal in or sell any product from other entities which is the same as or similar to the product of the consigner.
6.3 Once this agreement comes into effect, the agent shall notify the consigner of the binding agreements the agent has signed with other enterprises. No matter the agent serves as a agent or dealer, it shall notify the consigner of any binding agreement signed afterwards. When engaging in other activities, the agent shall never ignore its obligations for the consigner to affect the completion of the task.

7. sub-contracting agency
The agent shall engage subcontractors with the prior consent of the consigner and bear full responsibility for the activities of subcontractors.

8. Equal distribution of commission
Two agents in different districts make great efforts to win an order, but the order goes to one agent. When the supplier or buyer is in the region the other agent is in charge of, the commission shall be equally distributed.

9.The conflict of interest
In the period of validity, the agent shall not act as the representatives of other enterprises in the industry to the detriment of the interest of the consigner. The agent agrees to sign other agency agreements with the prior consent of the consigner. The agent shall not disclose the information detrimental to the commercial interests without the prior consent of the consigner. The agent has no rights and obligations to accept the money paid in the name of the consigner.

10. The agent rank and respective sale task.
10.1 The agent shall finish the task of selling or purchasing 10,000 tons within half a year. Then the agreement continues to be in effect. Otherwise, it is automatically nullified.
10.2 In the event that the agent shall finish the task of selling or purchasing 10,000---30,000 tons in Asian countries, it will be promoted by the consigner to the general agent of the city or province.
10.3 In the event that the agent shall finish the task of selling or purchasing 50,000---100,000 tons in Asian countries, it will be promoted by the consigner to the general agent of the country.
10.4 In the event that the agent shall finish the task of selling or purchasing 50,000---100,000 tons outside Asian countries, it will be promoted by the consigner to the general agent of the country.

11. disclosure
In the process of performing the agreement or after the performance, the agent shall not disclose any confidential information to other parties without the prior consent of the consigner.

12. Arbitration
The two parties shall consult with each other and mediate any disputes which may arise about the agreement and the interpretation of the agreement. If all attempts fail, the two parties can appeal to the mutually confirmed nation for arbitration. In the event that there is any discrepancy about the nation, the two parties shall appeal for arbitration in Singapore.

13. The term of agreement
This agreement enters into effect since being signed by both parties. The Term of validity: one year

Consigner:Hongkong Fangshi International Investment Group Limited
Representative:Long Chu
Date:


Agent:
Representative:
Date:


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