EXCLUSIVE TECHNICAL CONSULTING AND
SERVICE AGREEMENT
THIS
EXCLUSIVE TECHINCAL CONSULTING AND SERVICE
AGREEMENT (the
“ Agreement ”) is made and entered
into by and among the following parties on March 31,
2008.
Party
A: Beijing Huate Xingye Keji Co., Ltd.
Registered
Address: Room 5107, Shenchang Building, 51 Zhichun Road, Haidian
District, Beijing
Party
B: Dalian Winland International Logistics Co.,
Ltd.
Registered
Address: Summit Building, Shanghai Road, Zhongshan District,
Dalian
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1.
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Party A, a
wholly foreign-owned enterprise duly established and valid existing
under the People’s Republic of China (the “
PRC ”), owns resources to provide relevant
technical consulting and services.
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2.
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Party B is a
limited liability company duly established and valid existing under
the PRC laws. Party A agrees to provide Party B technology
consulting and related service, and Party B agrees to accept such
technical consulting and services provided by Party A in accordance
with this Agreement.
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NOW
THEREFORE, through
mutual negotiations, the Parties hereto agree as
follows:
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Technical Consulting and Services;
Exclusivity
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1.1
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During the term
of this Agreement, Party A agrees to, as the exclusive technical
consulting and services provider of Party B, provide the technical
consulting and services to Party B in accordance with this
Agreement:
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(i)
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Analysis and
evaluation of Party B’s current business, operational model
and customer types in an effort to integrate current business
management resource;
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(ii)
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Provision of
advanced management skills to offer a framework for the
construction of a new management platform;
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(iii)
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Provision of
technology information and materials related to Party B’s
business development and operation. The contents of the technology
information and documents may be enhanced or diminished during the
performance of this Agreement upon mutual agreement to address each
Party’s requirements; and
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(iv)
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Training of
technical and managerial personnel for Party B and provision of
required training documents. Party A will send technologists and
managerial personnel to Party B to provide related technology and
training service as necessary.
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1.2
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Party B hereby
agrees to accept such technical consulting and services provided by
Party A. Party B further agrees that, during the term of this
Agreement, it shall not accept the technical consultation and
service provided by any other third party without the prior written
consent of Party A.
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1.3
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Party A shall
be the sole and exclusive owner of all right, title and interests
to any and all interllectual property rights arising from the
performance of this Agreement (including but not limited to,
copyrights, patent, know-how, commercial secrets and others), no
matter whether it is developed by Party A or by Party B based on
Party A’s intellectual property right.
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Payment
for the technical consultation and service(“Consulting
Fees”)
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The both
parties agree that the consulting fees shall be paid per year in
accordance with the consulting and service actually provided by
Party A.
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Except for the
Consulting Fees mentioned above, Party B agrees to reimburse Party
A for all necessary expenses in relation to performing this
Agreement, including but not limited to, travelling expenses, fees
payable to experts, printing fees and mail cost.
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Except for the
Consulting Fees, Party B agrees to reimburse Party A the tax,
customs and other expenditures(income tax is not included) in
relation to Party A’s performance of this Agreement by Party
A.
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Party B shall
provide Party A with a report in relation to Consulting Fees
(“ Consulting Fees Report ”) in
accordance with this Agreement within three (3) business days after
each finacial year, and Party B shall remit the amount in RMB to
the bank account designated by Party A within two(2) working days
after delivering the Consulting Fees Report. In case that Party B
fails to pay Consulting Fees and other necessary expenses in
accordance with this Agreement, Party B shall pay Party A late fee
based on a 12% annual interest (compound interest) from the date of
such default.
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Party B shall
open separate bank account for the Consulting Fees under this
Agreement. Party A is entitled to appoint its employee or PRC
accountant or international accountant to review or audit the
account books in relation to the consulting service from time to
time. The fees payable to the accountant shall be paid by Party A
itself. Party B shall provide any and all documents, account books,
records, materials and information, and any convenience and
assistance to the person designated by Party A or accountant
appointed by Party A may deem necessary. The auditing report issued
by Party A’s employee should be final and conclusive unless
Party B give written objection within seven (7) days after
receiving such report. The report issued by the accountant shall be
final and conclusive. Party A is entitled to serve written payment
notice to Party B at any time after receiving the audit report
according to the consulting fee confirmed by the audit report.
Party B shall pay within seven (7) days after receiving the notice
in accordance with Article 2.4.
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