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Agreement on Payment of Charges for the obtaining of Approval for Construction

Construction Agreement

Agreement on Payment of Charges for the obtaining of Approval for Construction

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This Construction Agreement involves

NETWORK CN INC | Shanghai Quo Advertising Company Limited | Nanjing Yiyi Culture Advertising Company Limited

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Title: Agreement on Payment of Charges for the obtaining of Approval for Construction
Date: 2/15/2007
Industry: ADVERT    

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EXHIBIT 10.2

EXHIBIT 10.2

(English Translation of an Agreement drafted in Mandarin in Chinese)

Agreement on Payment of Charges for the obtaining of Approval for Construction

Party A   :    Shanghai Quo Advertising Company Limited

Party B   :    Nanjing Yiyi Culture Advertising Company Limited

1.     

Definition of Charges

 

 

In this Agreement, “Charges” means the approval fees payable in order to obtain the approval of the project for the construction of full coloured LED panels project in the City of Nanjing (“Project”).

 

2.     

The Amount of Charges

 

 

The aggregate amount of the Charges shall be RMB100,000.00 only, inclusive of all relevant taxes.

 

3.     

Method of Payment

 

 

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