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Exhibit
10.18
Agreement on Distribution of Whole Songs
Party A: Beijing Starbright Technical Services Co.,
Limited
Address:
Floor 32, Building 9, SOHO, No. 39 East Third Ring (Middle
Road), Chaoyang District, Beijing
Telephone:
58694466
Fax:
58692874
Party B: Global Music International, Inc. d/b/a Independent Music
Network d/b/a “IMN TV”
Address:
30 Grassy Plain Street, Suite 7, Bethel, CT 06801
Telephone:
203-730-8888
Fax:
203-730-0883
This
Agreement is entered into by and between Party A and Party B
in Beijing on January 23, 1007 (01/23/2007), through
negotiation in a cooperative spirit, and in compliance with
the Contract Law of the People’s Republic of
China , the Copyright Law of the People’s
Republic of China , and other pertaining laws and
regulations.
I. Content
of Cooperation
Party
A agrees to authorize Party B to distribute encrypted digital
music products (“Agreed products”) to a
telecommunications service provider and preload such products
on all mobile phones sold by the service
provider.
II.
Geographical Location of Cooperation
The
geographical location where the cooperation occurs under this
Agreement refers to mainland China, not including the Hong
Kong Special Administration Region, the Macao Special
Administrative Region, or Taiwan Province.
III.
Authorized Distribution Channel(s)
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3.1
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Party
A agrees that the distribution channel shall be limited to China
United Telecommunications Company Limited (Unicom) in the initial
period.
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3.2
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Other
Chinese telecommunications service providers such as China
Telecommunications Co. Ltd, China Networks Communications Company
Ltd and China Mobile Communications Corporation Company Ltd are not
covered under this Agreement. If at a future time, Party A decides
to expand its distribution channel to include any of these
telecommunication service providers, it will do so by means of
supplemental agreement.
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IV.
Sales Volume
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4.1
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Unicom
intends to purchase and sell a total of one million CDMA 1.X mobile
phones with loop playback capacity.
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4.2
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It
is intended that a total of the first one hundred thousand
(100,000) mobile phones will be allocated for special promotions
launched by Unicom, and that these phones will be delivered to
Unicom customers by March 31, 2007.
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4.3
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All
the mobile phones mentioned above shall be furnished with DRM to
prevent theft of music files.
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4.4
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Party
A shall preload ten (10) whole songs onto Unicom mobile phones.
They will be in AAC audio format, 96 K Bit Rate.
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V.
Price and Cost
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5.1
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Party
A and Party B agree on a 6 to 4 revenue distribution ratio to
determine what percentage of
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