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1.9 Net Selling Price menans remaining amount of invoice value of theContractProd-ucts， after deduction of packahing， installation and freight charges，trade and discount，commission，insurance and taxes and duties. if any， directlyapplicable to the Prdduct.
1.10 The Date of Coming into Effect of the Contractmeans the date of raificationofthe Contract by the managing constructure of the parties or by the competentauthorities ofboth parties， whichever comes later.
Article 2 Scope of the Contract
2.1 Party A agrees to acquire from Party B and Party B agrees to transfer to Party Athe patented Technology for Contract Products. Such Patented Technology shall be in exactaccordance with the technologyof Party Bs latest products.
2.2 Party B grants Party A the non-exclusive right to design and manufactureContractProducts in China and to markdt the said Products in China and abroad.
2.3 Party B shall be responsible& nbsp;to provide Party A with documents relevant to thesaidPaptents and with special fittings of the samplemachine their concrete details andschedule ofdelivary being set out in Appendix 2 to the Contract.
2.4 The Contract does not cover the Patented technology for the parts from othercoun-tres.But Party B shall provide Party A with the specimens and the tecincal specifications andthe name of the manufacturers of the parts.
2.5 party B shall be responsible for the training of Party As technicl personnelin Party Bs relevant facilities and also do its best to enable Party As technicalpersonnel to masterthe Patented Technplogy of the aforesaid Contract Product (details asper Appendix 5 to the Contract).
2.6 Party B is obliged to send at its own expense technical personnel to Party Asfacto-ry for technical service (details as per Appendix 6 to the Contract).
2.7 If it is required by Party A. Pafrty B shall be under an obligation to provideParty Aat the most favourable price wity parts， accessories， raw materials， fittings，etc. for COn-trade mark the two Parties.
2.8 Party B grants Party A the rignt to use Party Bs trade mark， and use thecombinedtrade，mark of both parties or mark the wouding production according toLicensors Licenceon the Contract Produets.
Article 3 Price of the Contract
3.1 price of the Contract shall be calculated on Royalty in accordance with thecontent and scope sipulated in Artice 2 to the Contract and shall be paid in_________.
3.2 Royalty under the Contract shall be paid from_________months after the the dateofcoming into effect of the Contract in terms of Calendar Year. The date of settlingaccountsshallbe 31，December of each year.
3.3 Royalty at the rate of_________% (_________percent ) shall be Calcuated interms ofnet Selling Price after the Contract Products are sold in this year，the ContractProducts which not sold shall not be included.
3.4 The report of the selling quantity， net selling amount of the contract ProductsandRoyalty which should be paid in last year shall be submitted to Party B in writtenform by Party A within 10 (ten) days after the date of settling accounts to Royalty. Thespecific methods which calculatenet selling amountand Royalty are detailed in Appendix 3to the Contract.
3.5 The Contract Products sold by Party A pursuant to the patent license hereingranted shall be deemed to have been sold when paid for.
3.6 If the Contract Products are returned or allowances made thereon after the royaltythereon has been paid Party A shall be entitled to take ppropriate erdit for suchoverPay-mentagainst royalties thereafter accruing.
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