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Exhibit 10.3
No. C-06-09-10
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 400 sets kiosks
shall be RMB16,000,000.00Yuan( In words: Sixteen 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 September 10
th , 2006 to September 9 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;
1.2 Party A has the right to c
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