partya:partyb:
contractno
date:
signedat:
witnessesthatthepartyaforconsiderationshereinafternamed,contractsandagreeswiththepartybthatpartyawill,within_____days,nextfollowingthedatehereof,buildandfinishalibararybuildingforpartyb.(thebuildinghereinafterisreferredtoasthesaidbuilding.)thesaidbuildingisofthefollowingdimensions,withreinforcedconcrete,brick,stonesandothermaterials,asaredescribedinplansandspecificationsgeretoannexed.
inconsiderationoftheforegoing,partybshall,foritselfanditslegalrepresentatives,promisetopaypartyathesumofonemillionrmbyuaninmannerasfollows,towit:
rmb_____atthebeginningofthesaidwork.
rmb_____on_____/_____/_____(forexample:3/21/2001)
rmb_____on_____/_____/_____
rmb_____on_____/_____/_____
rmb_____on_____/_____/_____
andtheremainingsumwillbepaiduponthepletionofthework.
itisfurtheragreedthatinordertobeentitledtothesaidpayments(thefirstoneexcepted,whichisotherwisesecured),partyaoritslegalrepresentativesshall,aordingtothearchitect''sappraisement,haveexpended,inlaborandmaterial,thevalueofthepaymentsalreadyreceivedbypartya,onthebuilding,atthetimeofpayment.
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forfailuretoaomplishthefaithfulperformanceoftheagreementaforesaid,thepartysofailingagreestoforfeitandpaytotheother_____rmbyuanasfixedandsettleddamages,withinonemonthformthetimesofailing.
inwitnesswhereofwehavehereuntosetourhandsandsealsthedayandyearfirstabovewritten.
signed,sealedanddelivered
inthepresenceof
partya:partyb: