Exhibit 10.01
Outsourcing Services Agreement
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Beijing Chuangzhitongda Technology Development
Co., Ltd., ("Beijing
Chuangzhitongda"), a company
incorporated under the laws of the Peoples
Republic of China, with its principal
offices in Room 906, Tower B, Century
Plaza, No.66 East
Zhongguancun Road, Shanghai, China , China
Crescent
Enterprises, Inc.("China
Crescent"), a Nevada, USA corporation
with
headquarters in Dallas, Texas, and Clipper
Technology, Ltd. ("CLPTEC"), a
wholly-owned foreign
subsidiary of China Crescent incorporated under the
laws of the Peoples Republic of China with
its principle offices at No. 123
Qinjiang Rd, Shanghai,
200233, each referred to in this
Outsourcing
Services Agreement (the "SA") as the
Party or collectively as the Parties
have as their common objective to
engage in mutually beneficial business
opportunities.
Pursuant to their
common objectives, Beijing
Chuangzhitongda, CLPTEC and
China Crescent Enterprises will seek joint
business opportunities in
the Peoples Republic of China but not to the
exclusion of other countries and
markets in which Beijing Chuangzhitongda
and China Crescent do
business. To achieve their joint objectives
the
Parties will enter into a Business
Development Outsourcing Agreement and
other supporting agreements as
necessary and referred to in this SA as the
"Agreements".
I. The Parties
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Beijing Chuangzhitongda engages in the sale, distribution of
computer
networking hardware and software
systems as well as system integration and
service support in the Peoples Republic of
China, doing business primarily
in the northern China cities
and provinces of Beijing, Tianjin,
Hebei,
Liaoning, Shandong, and Henan.
China Crescent is a systems integrator and
emerging technology incubator
publicly traded on the OTC Bulletin Board in
the United States, with
existing operations in Peoples Republic of China
and Singapore. CLPTEC is
a wholly owned foreign subsidiary of
China
Crescent and is engaged in
technology software and hardware sales and well
as system integration services in the
Peoples Republic of China.
II. General Terms, Objectives, and Commitments
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1. Beijing Chuangzhitongda will outsource all its
existing and new business to
CLPTEC for a period of three (3) years
beginning from the date of signing a
Business Development Outsourcing Agreement
between the Parties. CLPTEC will
invoice Beijing
Chuangzhitongda on a monthly basis. The
invoice will
include an "outsourcing" fee
in conjunction with the monthy base expense
associated with daily
operations and a "supplemental" fee consisting of
equipment and additional services required
for non recurring projects. The
combination of the "outsourcing" fee and
"supplemental" fee is estimated to
be $10 million (US Dollars)
a
