Yeqing Building Lease Agreement

1.

the lease period of this contract is from June 11,2009 to June 30, 2011

3.

The rent of the room to lease of building A, B and C is RMB4.5/ architectural m ² during the lease period.

5.

The rent should be calculated according to the foreign exchange rate middle rate of the State Administration of Exchange Control when Part B pays the rent by foreign currency.

7.

Water fee: Part B pays Part A within five work days from 25 of each month according to the actual use of water, and it starts from the day when Part B move in as the first time to charge the water. The current water price is RMB6.1 per ton which is subject to the price of the water supply section.

8.

Parking fee: monthly parking fee for each seven and less than seven seats car includes RMB250 (RMB150 as monthly flat rate and RMB100 as overhead expense of Contractor), fixed parking lot RMB500 (RMB210 as monthly flat rate and RMB290 as overhead expense of Contractor) and underground parking lot RMB800; monthly parking fee for each more than seven seats car is RMB 500 (RMB210 as monthly flat rate and RMB290 as overhead expense of Contractor). Part B pays the parking fee of next month within five work day. Charge the parking fee according to the actual days if park less than one month. Parking lot number is one. Part A offer the parking place of bicycle but have no responsibility of management.

1.

Part B pays Part A three months rent totally RMB29853 as the guarantee to perform the contract when the two parties sign the contract. The security deposit has no interest.

3.

It applies to Article 10 paragraph ten if Part B terminates the contract without the consent of Part A during the lease period.

5.

Part B should not transfer the creditor’s right to the third part or pledge for the others and should not use the security deposit as the other expense except the performance of the contract.

1.

The rent-free period of Part B is from 11 June, 2009 to 30 June, 2009. Part B need no pay Part A the lease of the room, but should pay the management fee stipulated in the contract (RMB1.5/day/architectural m ²⁾ , public service fee (include electricity rate and water rate) and the other expense. The management fee should pay with the security deposit during the rent-free period. During the rent-free period, Part B should perform the entire obligation and abide all the regulation stipulated in the contract except need not pay lease of room. Part B should pay the telephone bill and internet fee to China Telecom.

3.

Payment of Part B shall be made in check or cash or remit to the bank appointed by Part A if pay by bill of exchange. The date of remitting the bill of exchange shall be the date of payment.

5.

When receive the rent and the other expense Part A should make legal equal amount invoice to Part B with Part A as the issuer of the invoice.

1.

Part B should abide the regulation established by Part A and the agreement signed by the two parties.

3.

After getting the decoration permit, Part B should paste the decorate permit on the door or the other conspicuous place of the lease room so Part A can inspect the decoration.

5.

During the lease period, Part B should support Part A when the latter need remedy or rebuild the building and should not restrict or disturb the builder employed by Part A. But Part A should give written notice to Part B and made the utmost possible efforts to insure Part B can work normally.

7.

Part B should keep the lease room and the facility of the room in good, clear, tenantable and maintained condition (not include natural abrasion). Part B should not repair any damage or flaw of the room, but should inform Part A of that. Part B must assume the responsibility of any personal injury or property lose to Part B or anyone others caused by the lease of the room and the disrepair or damage of the facility.

9.

Part B should not claim for compensation to Part A when remedy or rebuild of the lease room or the whole building which make Part B cannot use the room normally are caused by Force Majeure.

1.

Part B should presents the basic information of the company and the employ to the administrative personnel of Part A and should equip its stuff Security Access Control card (detail refer to Appendix Four Article 3 paragraph five). Stuff of Part B should not stay in the room overnight. Part A stops the normal property and personal service after 18:00 on work day.

1.

Part A should not announce unilaterally raise the rent without the consent of Part B. but the rent price should be readjusted when renew the expired contract, otherwise the contract cannot be extended.

    1)

Free of charge cooling time and standard: 8:00-18: from Monday to Friday. No heating on legal holiday.

    3)

It charges 930 per hour (limited to D building) outside the time stipulated above from Monday to Friday. If the central air-conditioning is used for heating or cooling on the other holidays the using time of should not less (it should be a mistake of the contract which should be “more” I think) than 4 hour, and the excess time will be charged according to the above charge regulation.

4.

Inspect and maintain the public area and facilities to ensure them in good usable condition and repair in time in the event of any damage malfunction or receiving the written notice from Part B of damage and malfunction.

6.

Part A can amend the Appendixes of the contract Property Management Agreement, Fire Control Safety Responsibility Pledge and Security Responsibility Pledge according to the relevant government document and regulation and the actual position of the company. The amended version should be sent to Part B in time and come to force upon the arrival to Part B.

1.

Part B should be a legal company registered in China, or legal office in Beijing of foreign company registered legally, or legal entity, operating unit, the other social organization registered in the relevant administrative organ. Part B should submit the duplicate of Corporate Business License (with the seal of the company) to Part A as the appendix of the contract. If Part B is a newly established company, the appointed corporate executive of Part B sign the contract with Part A, and submit the relevant legal document to Part A within 10 days after the establishment of the company. The two parties should change the contract in the form of complementary agreement.

3.

The room leased to Lessee shall only be utilized for office of company. Part B should not use the lease room as other application, should not change the room or any part of the room to broadcasting studio, should not hold any religion ritual or any other rite and should not use the room for gambling, prostitution, or any other illegal and immoral purpose. Part B should not use the lease room for any activity that endanger State security, should not perform or allow any auction or sale activity of any article or any property, should not lease the room by any way that may that will harm or endanger Part A or the other lessee such as noise, disarrangement smell and the like.

5.

Part B should not jam, incise, damage, change or disarrange any public area or fixed equipment of the building and should not influence the supply and usage of the water, electricity, gas and the like of the building.

7.

Part B should restore the lease room to the original state or bear the expense to restore the lease room, except otherwise agreed by the parties.

9.

Part B is liable to the security ， anti-epidemic   and the fireproofing of the lease room. Office and business activities should confirm to the regulation of Beijing fire and health and anti-epidemic department and the Fire Control Safety Responsibility Pledge (refer to Appendix Two).

11.

Part B should not put any article that beyond the design load of the lease room floor in the room. Part A reserves the right to stipulate the weight and location of the coffer of Part B.

13.

Part B should not use the lease room as manufacture and storage purpose except sample and item for display. Prohibit any flammable, explosive, virulent, radioactive dangerous article.

15.

Part B should pay the agreed rent of the contract, the water and electricity fee and the other relevant fee, and should not delay the payment by any reason or refuse the payment.

17.

Except the sign and nameplate provided by Part A, Part B should not put any advertise sign, light box, signboard, decoration, flag, poster or the other articles inside or outside of the lease and the public area which is visible from outside of the building.

1.

Part B should negotiate the new rent and the other terms with Part A within two month before the contract becomes expire if Part B desire a renewal, and sign the official Lease Agreement with Part A within one month before the contract becomes expires. If the two parties do not sign official Lease Agreement within one month before the contract becomes to expires, Part A have the rights to take potential lessee to the lease room and show them around provided not disturb the normal work of Part B.

1.

The parties should strictly comply with provisions hereof. In case of any breach of the Lease Agreement the not-defaulting party has the right to seek the liability for breaching the agreement according to what the two parties agreed and require the defaulting party bear all the economic lose and pay penalty. The economic loss includes but not limited to the direct lose and the foreseeable indirect lose, court fee, attorney fee and other expenses incurred.

3.

Part B should bear all the remedy cost and the loss of Part A, when Part B violate Article 5 paragraph two and Article 8 paragraph five, and damage the reflection glass curtain wall, inside instruction or the central air-condition system due to the behavior and misfeasance.

5.

Part B should bear all the maintenance cost when Part B violates Article 5 paragraph eight and is liable to the damage of the lease room or the inside of the building entirely or partly caused by the breach which includes the damage to the decoration, the fixed facilities and equipment.

7.

Part B is liable to all the loss and compensation in case of breach of Article 8 paragraph nine or paragraph thirteen or Appendix Two Fire Control Safety Responsibility Pledge. Responsibility person of the fire accident is liable to compensate the economic loss and the one cause serious consequences should be investigated for criminal responsibility by the justice department.

9.

Part A have the right to require Part B pay penalty due to breach of contract which is one percent of the total expense when the latter violate Article 8 paragraph fifteen and fail to pay the rent including electricity fee, parking fee, cleaning fee and the like. The penalty calculation starts from 1 ^st of each month. Part A have the right to intermit the supply of water, electricity until Part B pay off all the payable expense when the latter delay the payment up to ten days. Part A have the right to terminate the Lease Agreement unilaterally assuming Part B breach the Lease Agreement when the latter delay the rent more than one month or delay the electricity fee more than three months. Part B should move out unconditionally after receive the notice of Part A and pay the rent, electricity fee, cleaning fee, parking fee and the like according to the actually number of days till retrocede the lease room, at the same time Part A have the right to claim for penalty which is two times of the rent. In addition, Part B should bear all the expense when Part A obtains the rent and penalty through litigant means of course (including but not limited to legal fare, appraisal cost and retaining fee and the like).

10.

If Part B terminates the Lease Agreement before the prescribed time, Part B should pay off the rent of the number of the days during the lease period and the cost to restore the lease room and get the security deposit back or waive the security deposit and the favorable polices which includes rent-free period, favorable rent.

12.

if Part B breach the Lease Agreement and cost loss to Part A, the latter have the right to require correct according to the breach and the consequence or put forward the termination of the Lease Agreement. In case of termination of Part A, Part B should move out of the lease room within one month after receiving the notice of Part A and pay the rent till the date retroceding the room. In case of deferred payment, Part A is entitled of the double of rent as compensation besides the rent and will not return the security deposit.

14.

If Part A is liable to all the cost caused by the breach of Article 7 paragraph one of Part A and return full amount of the security deposit