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LEASE CONTRACT

Lease Agreement

LEASE CONTRACT | Document Parties: ASIAINFO HOLDINGS INC | AsiaInfo Technology (China) Inc | China Electronic Information Industry Group Corporation You are currently viewing:
This Lease Agreement involves

ASIAINFO HOLDINGS INC | AsiaInfo Technology (China) Inc | China Electronic Information Industry Group Corporation

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Title: LEASE CONTRACT
Date: 3/5/2009
Industry: Computer Networks     Sector: Technology

LEASE CONTRACT, Parties: asiainfo holdings inc , asiainfo technology (china) inc , china electronic information industry group corporation
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Exhibit 10.1

LEASE CONTRACT

 

Lessor:

  

China Electronic Information Industry Group Corporation (“ Party A ”)

Registration Domicile:

  

Beijing, China

Legal Representative:

  

Xiong Qunli

Address:

  

27, Wanshou Road, Haidian District, Beijing

Telephone No:

  

+(8610) 6217-1563

Fax No:

  

+(8610) 6250-1885

Lessee:

  

AsiaInfo Technology (China) Inc. (“ Party B ”)

Registration Domicile:

  

Beijing, China

Legal Representative:

  

Zhang, Zhenqing

Address:

  

4/F Zhongdian Information Tower, No.6 Zhongguancun

South Street, Haidian District

Beijing 100086, P.R. China

Telephone No:

  

+(8610) 8216-6688

Fax No:

  

+(8610) 8216-6688

1. SUBJECT MATTER FOR LEASE.

1.1 Party A agrees to lease to Party B under good status the third, fourth and sixth (606-607, 609-612) floors of China Electronic Information Building with the aggregated area under the lease eight thousand and sixty-eight point ninety-five square meters (8068.95 m² ) (which is gross area, including shared area for common use), with the particular position as delineated by the red lines on the drawing of Appendix I .

1.2 Interior decoration: Decorated.

1.3 The premises mentioned above shall only be used for office purpose.

2 LEASE TERM.

2.1 The premises mentioned above shall be of a lease term commencing from December 1, 2008 and ending on November 30, 2010. In principle, Party B may not terminate the lease between December 1, 2008 and November 30, 2009. In case Party B wishes, during the valid term of this Contract, to withdraw early from the lease, it shall notify Party A in writing three (3) months in advance and also pay Party B a liquidated damages as follow: (a) an amount equivalent to the sum of four (4) months’ rent in case to withdraw during December 1, 2008 to November 30, 2009; (b) an amount equivalent to the sum of three (3) months’ rent in case to withdrawal during December 1, 2009 to November 30, 2010.

2.2 In case Party A wishes, during the valid term of this Contract, to withdraw early from the lease, it shall notify Party A in writing three (3) months in advance and also pay Party B a liquidated damages as follow: (a) an amount equivalent to the sum of four (4) months’ rent in case to withdraw during December 1, 2008 to November 30, 2009; (b) an amount equivalent to the sum of three (3) months’ rent in case to withdrawal during November 30, 2009 to November 30, 2010. Party A shall also return to Party B the rent which is already paid but not actually incurred.

2.3 Upon expiration of the lease term, Party A shall have the right to take back the premises under the lease and Party B shall return the premises timely. In the event that Party B wishes to renew the lease, Party B shall handle the renewal procedures with Party A three (3) months prior to the expiration of this Contract.

3 RENT AND PAYMENT.

3.1 During the lease term, the leasing price shall be two point eight Renminbi (RMB 2.8) per square metre for each day (which is gross area, not including property management fee), with the lease term to be calculated according to calendar days.


3.2 Payment of the rent shall be paid per three months (“ Payment Period ”) from the date of this Contract, with the whole rent to be paid in four (4) installments and each installment to be paid by Party B to Party A during the 16th to 25th of the first month every Payment Period.

4 SECURITY DEPOSIT.

Party A waives any security deposit payments from Party B.

5 MANAGEMENT FEES AND OTHERS.

5.1 All the fees during the lease term in connection with the premises mentioned above for electricity, deposit of telephone lines, telephone and charges in connection with the lease and use of the premises mentioned above shall be paid by Party B in full amount and timely according to the provisions and requirements of the Building Property Management Company (the “ Company ”) or other relevant departments.

5.2 Any taxes and fees payable by the owner of the premises mentioned above (Party A) according to the laws or relevant provisions in connection with the lease of the premises mentioned above shall be paid by Party A.

6 PARTY A’S RIGHTS AND OBLIGATIONS.

6.1 In the event of default by Party B of this Contract, Party A may authorize, with no further notice otherwise, the Company to procure the rectification by Party B of its default and its compensation of corresponding losses.

6.2 During the three (3) months prior to the expiration of the lease term, Party A may enter the premises with any person who has the intention to lease the premises for the purpose of inspection, subject to notification to Party B and obtaining Party B’s agreement.

6.3 In the event that Party B has not removed all or any part of its own private property or self-installed equipment and articles out of the premises within five (5) days of the expiration or termination and discharge of this Contract, Party A will charge Party B an extra rent for the delay according to the actual days elapsed.

6.4 In the event of any damages to the leased property which are not attributable to Party B and which prevents Party B’s ordinary use, Party A shall assume the cost for the maintenance. When such damage occurs, Party A shall fix and eliminate the damage in three (3) business day after the damage occurred, or as mutually agreed upon between Party A and Party B. If Party A refuses to fulfill its obligations pursuant to this Section 6.4, Party B may either repair the damages or terminate the lease without any further obligations. Party A shall borne all cost related to such repair, and Party B could use the receipt of repair fee to offset the rent. If the lease is terminated pursuant to this Section 6.4, Party A shall return to Party B the rent which is already paid but not actually incurred, plus any other expenses and/or damages.

6.5 Party A shall decl


 
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