CONTRACT FOR PROCESSING

　　party a agrees to send technicians to______________to help training party b,s technicians at the request of the latter at any time and allows the technicians to remain with party b for inspection of the finished products. in such case, party b agrees to pay a monthly salary of u. s. $ ____________ for each person, all other expenses (including roun d trip tickets) will be borne by party a;

　　11. all import and export formalities in connection with this contract should be handled by party b;

　　12. all standard magnetic compasses processed by party b shall be shipped to the foreign buyers appointed by party a at any

　　time;

　　13. other terms and conditions:

　　(1) the trade marks of standard magnetic compass shall be supplied by party a, should there be any legal dispute, party a shall be held fully responsible;

　　(2) the quality of parts and materials, if necessary, purchased in__________ or_____________ by party b for standard magnetic compasses must measure up to standard and be approved by party a beforehand;

　　(3)for promotional purposes, party b shall prepare samples of standard magnetic compass at any time and send them to foreign buyers appointed by party a , all parts

　　and materials required would be supplied out of the stock supplied by party a;

　　14. this contract shall be made in triplicate, party a and party b shall, both signing all copies, retain one copy and submit one to authorities concerned in (place) for registration.

　　industry ltd.   industry ltd.

　　________            ____________

　　manager             manager