Guangzhou New Baiyun Airport Electronic Light
Box Advertising Contract
PARTY A:
Guangzhou Chuangrun Advertising Company
Limited
Address:
168 Jiang Nan Da Do Zhong, Suite
1211, Guangzhou
PARTY B:
Chi Shang Ling Yue Advertising Company
Limited
Address:
75 Xian Lie Zhong Lu, Sui Fung
Building 2/F, Room C18-19, Guangzhou
Advertising
Project and Pricing:
Locations: (1)
Guangzhou New Baiyun Airport
Departure Hall Light Boxes
(2)
Guangzhou New Baiyun Airport A Corridor Light
Boxes
(3)
Guangzhou New Baiyun Airport B Corridor Light
Boxes
(4)
Guangzhou New Baiyun Airport C Corridor Light
Boxes
(1)
New Baiyun Airport Departure Hall Light Boxes
From:
September 1 2005 to August 31, 2006
Total: 20
boxes, 3 posters per box
Per
Month: RMB 128,000
each
Per
Year:
RMB 1,536,000 each
Total per
Year: RMB 30,720,000
(2)
New Baiyun Airport A Corridor Light Boxes
From:
September 1 2005 to August 31, 2006
Total:
20 boxes, 3 posters per box
Per
Month: RMB 128,000
each
Per
Year:
RMB 1,536,000 each
Total per Year:
RMB 30,720,000
(3)
New Baiyun Airport B Corridor Light Boxes
From:
September 1 2005 to August 31, 2006
Total:
20 boxes, 3 posters per box
Per
Month: RMB 128,000
each
Per
Year:
RMB 1,536,000 each
Total per
Year: RMB 30,720,000
(4)
New Baiyun Airport C Corridor Light Boxes
From:
September 1 2005 to August 31, 2006
Total:
10 boxes, 3 posters per box
Per
Month: RMB 128,000
each
Per
Year:
RMB 1,536,000 each
Total per
Year: RMB 15,360,000
TOTAL:
RMB 107,520,000 (One hundred and seven million five hundred and
twenty thousand)
Currency:
Renminbi (by check)
Payment
Schedule: (Party B shall pay Party A according to the following
terms and conditions):
|
1.
|
When 30% of the
light boxes are up before August 15, 2005, then Party B shall pay
Party A a 15% pre-payment, i.e. RMB 16,128,000 (Sixteen Million One
Hundred and Twenty Eight RMB). Within seven days of completing
putting up all the posters, Party B shall pay Party A the
remainder, i.e. RMB 91,392,000 (Ninety One Million Three Hundred
and Ninety Two Thousand RMB).
|
|
2.
|
If due to Force
Majeure that Party A can not install 30% of the light boxes by
August 15, 2005, then the 15% pre-pa
|
![Guangzhou New Baiyun Airport Electronic Light Box Advertising Contract
[TRANSLATED VERSION]
| Document Parties: CHINA MEDIA1 CORP.](/images/dev/header/icon-document.gif){kind=icon}
