No.
C-06-08-16
Cooperation Agreement
Party A:
Shaanxi Jialong Hi-Tech Industrial Co., Ltd
Party B:
Shaanxi Shengtang Chuangyi Advertising & Consulting Co.,
Ltd
According to the Contract Law of the
People’s Republic of China , and on the principal of
integrity operation and mutual beneficial, this agreement on the
digital information kiosk is constituted through Party A and Party
B’s friendly negotiation.
Clause
One. Entity Qualifications of the Parties
Party A:
Shaanxi Jialong High-tech Industrial Inc., registered in Sub-No. 6
South Section of Taibai Road, Xi’an City, Shaanxi Province by
legal representative Zhang Jianjun, owning the Corporation Business
License number with 6100001011146 issued by Shaanxi Industrial and
Commercials Administrative Bureau, is a lawfully established
enterprise.
Party B:
Shaanxi Shengtang Chuangyi Advertising & Consulting Co., Ltd,
registered in Block L 21st Floor Millennium Star Mansion No. 88
Western Part of 2nd South Ring Road Xi’an City, Shaanxi
Province by legal representative Jia Tao, owning the Corporation
Business License number with 6100002072096 issued by Shaanxi
Industrial and Commercials Administrative Bureau, is a lawfully
established enterprise.
Clause
Two: Cooperation Object and Mode:
1.
Cooperation Object: Party B shall be responsible
for carrying out market exploration in the cooperation area; and
Party A shall decide the concrete location of the digital
information kiosk. Party B has the right to use the partial space
of the kiosk to run other business, like sales of newspapers,
magazines and public telephone service; and Party A shall install
downloading machines in the certain space of the kiosk and run
relevant business.
2.
Cooperation Mode: The deposit of each digital
information kiosk is RMB40,000.00Yuan, and then the deposits of 300
sets kiosks shall be RMB12,000,000.00Yuan( In words: Twelve Million
Yuan only). Party A and Party B shall bear 50% of the deposits
respectively. Party A shall pay for the rental of kiosks to
Party B to assure the normal operation of the downloading machines
in the kiosks
Clause
Three: Cooperation Area
Northwest Region of P.R. China (Shaanxi,
Ningxia, Gansu, Qinghai and Xinjiang Uygur Autonomous
Region)
Cooperation Period: 5
Years (Commencing from August 16 th , 2006 to August 15
th , 2011)
Clause
Four: Obligations and Rights of Each Party
1. Party A’s Obligation and
Rights
1.1 Party A has
the right to decide the installment location of kiosks, and Party B
shall not propose any objections;