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Exhibit 10.12
Lease Agreement
Party A: Hainan Zhongfu Going-abroad Personnel Service Center
Party B: Hainan Helpson Medical & Biotechnology Co., Ltd
The agreement is made on the behalf of both parties A and B to take
the property
known as Jiahai building. Two parties hereby agree as follows:
1. Property
Party A as the sole
landlord of Jiahai building must to make
sure the
premise has not been sold and deposited before this
agreement. Party A is also
responsible for the property management during the term. The
property ownership
certificate number is 10875 (refer to Appendix 1 ownership
certificate).
Party A agrees to let 2nd floor with
676 square meter of Jiahai building
to party B.(refer to Appendix 2, planar graph)
Party B agrees to take the 2nd floor
of Jiahai building for private use.
Party A agrees
that Party B has the right to
use public facility
throughout the term, the facilities include but not limit to
elevators, stairs
and route way.
Party A agrees to provide Party A
one free underground parking place.
2. Term
The period of the
agreement commences on 21st Nov. 2000 and ends on 20th
Nov. 2010.
3. Rent
The monthly rent is RMB3600.00,
agreed by both parties.
Rent includes property management
expenses, maintenance bonds and security
charges. Party A is responsible for these expenses.
Rent do not include public cleaning
service charge, that Party B should be
responsible for the monthly payment of RMB 10.00.
Fixed rent agreed only for the
term of five years from 21st Nov. 2000 to
20th Nov. 2005. From 21st Nov. 2005 to 20th
Nov. 2010. Monthly rent may be
fluctuated around 5% up/down
according to the increase/decrease trend
of
national housing rent rate.
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4. Water and electronic charges
Party A agrees to install water
and electronic meter reading facilities
for the property. Party B agrees to pay for all
actual services charges for
water and electricity to Party A.
Party A takes all responsibility for
any inconveniences caused by using or
keeping the water and electronic charge fees for its own use. Part
A will not be
hold responsible for any lose to Party B caused by
the water and electronic
suppliers.
Party B will be held
responsible for cutting off water and
electricity
supply when payment is delayed from Party B.
Water charges RMB2.30/m(3) and
electricity charges RMB1.20/ kilowatt hour.
(Actual charge refer to current public standard)
5. Deposit
Party B pays the Deposit of
RMB3600.00 as security for the performance of
any breach of obligation, such as underpayment of water or phone
bills.
Party B pays the water,
electricity, cleaning services and the
monthly
rent in the 10th of every month.
6. Decoration
Party B is
allowed to decorate the property
without changing the
construction structure. Party B must to ensure that Party A has
checked the plan
of decoration before the implementation
take place. Paty A must provide a
written agreement within 3 days, otherwise, Party A will be
responsible for any
lost of
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