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BONDED PROCESSING TRADE CONTRACT

Article 1

Article 2

본문내용

This contract is made and agreed on this Nineteenth day of August, 20 by and between the following parties concerned：

American Trade Inc., hereinafter referred to as Party A,
having their head office at
San Francisco, U.S.A. and

Dae Yang Trading Co., Ltd., hereinafter referred to as Party B,
having their head office at
Seoul, Korea.

Whereas it is the mutual intent and desire to bring a satisfactory conclusion of this contract, both parties concerned hereto acting as principals, with the care of good manager trusting in the sincerity and faith of parties concerned and whereas it is further promise and convenience to promote mutually reliable and advantageous business transaction, the parties concerned hereto agree the terms and conditions of this contract mentioned hereunder：

Article 1 Party A exports to Party B Rayon Yarns as specified in the attached sheet, and Party B exports to Party A Rayon Fabrics after bonded processing as specified in the attached sheet.

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