Exhibit
10.9
(English
Translation)
LEASE
AGREEMENT
Lessor:
Weibing
Lu
Lessee:
Xian
Tianxing Bio-Pharmaceutical Co., Ltd.
In
accordance with the Contract Law of the People’s
Republic of China and related regulations, the parties enter
into this agreement after negotiation in order to set forth
their respective rights and obligations.
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1.
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Lessor
hereby leases to Lessee the premises of approximately 345.36 square
meters located at Jiezuo Plaza, Fenghui Road South,
Gaoxin
District, Xian Province.
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Lease
period: from June 1, 2007 to December 31, 2011
Lessor
shall have the right to terminate the lease and repossess the
premises upon the occurrence of any one of the
following:
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1.
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Lessee
unilaterally attempts to transfer, assign or pledge the
premises;
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2.
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Lessee
uses the premises for illegal activities;
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3.
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Lessee
delays in lease payments;
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4.
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Lessee
unilaterally attempts to modify the structure of the
premises.
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At
the end of the lease, Lessee shall have a right of refusal in
order to continue the lease.
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3.
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Lease
Amount and Payment Term.
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Lease
is RMB 165,000 per year, payable bi-annually.
During
the lease term, maintenance of the premises is the obligation
of the Lessee. Lessee shall inspect the premises and its
facilities at least once every six
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