PE pennies

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GHNA(.82),"Entry Into Supplier Agreement With Wal-mart China->


"Form 8-K for GHN AGRISPAN HOLDING CO


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23-Sep-2010

Other Events



Item 8.01 Other Information.
Entry Into Supplier Agreement With Wal-mart China

Effective July 29, 2010, our operating subsidiary, Xiamen Xinyixiang Modern Agriculture Development Co., Ltd., executed a Supplier Agreement with Wal-Mart
(China) Investment Co., Ltd., or Walmart China, to sell certain of its products to Walmart China for resale at Walmart China's retail locations. The Supplier Agreement sets forth the general terms of the business relationship between the parties and governs all orders placed by Walmart China with us. The Supplier Agreement, however, does not obligate Walmart China to purchase merchandise from us, which is made on a purchase order basis. The Supplier Agreement has an initial term of one year and automatically renews for consecutive one year periods unless terminated in writing within thirty days prior to the end of the applicable term or renewal term. Walmart China may terminate the Supplier Agreement at any time by delivering one month prior written notice to us.

A copy of the Supplier Agreement is furnished with this report as Exhibit 10.1 and is incorporated herein by reference.

The information in this Form 8-K shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934 (as amended, the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall it be or be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.
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