Unassociated Document


    Property
Lease Contract

    


    Lessor:
Beijing King Wing Real Estate Co., Ltd. (Jingruidasha)

    Address:
East Third Ring South Road, Chaoyang District, Beijing, No. 17

    Lessee:HYPERERA
Technology (Beijing) Co., Ltd

    Address:
East Third Ring South Road, Chaoyang District, Beijing No. 17 Jingruidasha A
Room B, 11th Floor

     Article 1
Property Information

        Lessor
now owns property Jingruidasha 11th Floor, Block B Room A (hereinafter referred
to Property) office and rents to the lessee for office use, and the space
is  262.29 square meters. Lessee has the right to use public areas as
agreed and specified by the Lessor.

    Article 2
Lease Period

    2.1 The
lease starts from July 25, 2009 until July 24, 2010, and the lease contract can
be renewed and continues as long as agreed between the two parties.

    


    Article 3
Rent and Payment

    3.1 The
monthly rental is 17551.57 RMB with a unit price at 2.2 RMB/Square meters/day,
the total contract amount is 110610.87 RMB.

    3.2 Rent
shall be paid within the last ten days of each month and the first payment shall
be with 5 days before the lease. 0.1% overdue payment shall be paid if the
payment is delayed. Over 15 days delay could be deemed as the default of the
contract;

    3.3 Rent shall be paid in
RMB. Foreign currency shall be converted into RMB before making
payment.

    3.4 Bank
Information

    Bank
Account Name: Beijing King Wing Real Estate Co., Ltd.

    Bank
Account Number: 0200022709024207365

    RMB Bank:
Industrial and Commercial Bank of China Beijing Branch
Panjiayuan

    


    Article 4
Deposit

    4.1
Within five days commencing the contract, the lessee shall pay two month rent as
deposit amount. It is 35103.15 RMB. The deposit is used to guarantee the mutual
faith, performance of each Party to the contract.

    4.2
Lessee as to terminate the contract without cause during the lease term, the
non-refundable deposit to liquidated damages. Deposit amount sufficient to cover
the loss of the lessor, lease required the lessee to continue to be
liable.

    4.3
Lessee as breach of contract, resulting in Lessor be unable to collect rents or
expenses resulting therefrom, Lessor may rent or other fees deposit arrived
expenditures; if a deposit has been fully charged by the relevant costs of the
lessee and the lessee in arrears not continue to deliver the deposit or payment
of fees payable, as Lessee terminate the lease contract unilaterally
established intention. Lessor does not agree to deposit arrived rent or other
fees, costs associated with the lessee required to pay on time, or else be
liable for breach.

    4.4 Terms
of occurrence of 4.3 cases, less than charged by the relevant deposit, the
lessee must pay the lessor received notice of breach of contract within ten days
of supplement to the state before, otherwise the lessor the right to terminate
the contract.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    4.5
Lessee shall not be offered to meet the rent charged by the relevant
deposit.

    4.6
Lessee during the lease term into full compliance with contractual obligations,
Lessor shall within ten working days after the expiration of the contract will
be paid by Lessee deposit (without interest) refunded to the
lessee.

    


     Article
5 Miscellaneous Fees

    5.1
Property management fees, heating costs are included in rental
income.

    5.2 In
the lease period, underground parking rent is 600RMB per month. It is 150 RMB
per month for each parking lot on the floor.

    5.3
Water, electricity, gas, telephone charged by the lessee is based on the actual
amount of monthly payment. Heated water is 10.50 RMB / ton; water is 6.10 RMB /
ton; electricity is 0.835 RMB / kwh; gas costs 2.05 RMB / cubic meter; room
telephone charges for the first time 0.22 RMB / 3 minutes; 0.11 RMB / minute
after ; domestic long-distance telephone charges 0.07 RMB / 6 seconds; Hong
Kong, Macao and Taiwan long distance charges 0.20 RMB / 6 seconds; international
long-distance 0.80 RMB / 6 seconds (the price of the lease term and the case of
the government guidance price adjustment, since the adjustment of the times
month from the price charged in accordance with the adjusted). The
abovementioned cost shall be paid together with the rent for every month with no
delay.

    5.4 If
the lessee wants to move the original telephone line to Jingruitaisha Block
B,  the written notice shall be given to the lessor five working days
in advance.  In addition, 235 RMB as the service and management fee
shall be charged for each telephone line.

    5.5 Since
Lessor provides extension phone to Lessee, if long distance phone service is
needed, Lessee shall pay 1000 RMB as deposit for domestic long distance phone
service and 2000 RMB as deposit for overseas phone service.

    5.6
Satellite TV fee is 58.5 RMB/Month, which shall be paid every month together
with the rent of the rent space.

    5.7
Building, broadband interfaces. If the lessee need to open broadband services
can be directly associated with the Beijing WorldCom Network Technology
Development Co., Ltd.. Tel: 88099270/71/72 turn 215/206/204.

    


    Article 6
of the responsibility of the lessor

    6.1 lease
period the lessor without undue recovery housing, such as the lessor to recover
halfway houses, the lessee may refuse.

    6.2 The
Lessor shall ensure that rental housing in the rental period in good used
condition lease to the lessee, including water, electricity, gas and so
on.

    6.3
Lessor to ensure 24-hour cold housing, the normal hot water supply pipes other
than normal maintenance.

    6.4 in
good condition to maintain housing, rent housing shall periodically for
inspection and maintenance.

    6.5 Block
B to maintain Jingruitaisha clean public areas and office cleaning work
environment.

    6.6
Lessor to ensure 24-hour security services to tenants in accordance with
customer requirements strictly confidential.

    6.7 to
provide fire safety compliance measures.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    6.8 to
ensure 24-hour property management.

    6.9 to
ensure the legitimacy of the rental property and to ensure that the lease term,
without any third party any right to claim the housing.

    


    Article 7
The responsibility of the lessee

    7.1
Lessee shall be the third contract, four, five delivery provisions of the rent,
deposit and fees (including the lessee in the housing consumption of water,
electricity, telephone, gas (property management fee and other services), such
as are in arrears, then as a breach of.

    7.2 for
clean room housing.

    7.3
Lessee can not change the house's structure and decoration, and keep the floor,
plaster ceiling, wall, indoor equipment, doors, windows, electrical appliances,
wires, furniture, kitchen equipment, bathroom equipment, the good of the
situation. If the damage within the contents of the lease term (normal wear and
tear excepted) Lessee shall indemnify Lessor for all costs of repair
occurred.

    7.4
Tenant shall take good care of housing and equipment, such as damage due to
improper use shall be liable for compensation.

    7.5 over
the lease term Lessee shall maintain the house clean and the bathroom pipes
clear. Lessee shall bear clear the pipe, clean rooms, maintenance as Lessee
(including the lessee's guests, servants, employees) use of non-Dangdang damage
costs.

    7.6
without the written consent of Lessor, Lessee shall not bring safe, machinery,
equipment, luggage and other large items into or out of
Jingruidaxia.

    7.7
Lessee shall not carry or harboring firearms, ammunition, flammable, explosive
or other dangerous goods.

    7.8
Housing can not be used for illegal purposes.

    7.9
without the prior written consent of Lessor, Lessee shall not install, replace
the lock housing.

    7.10
Block B shall Jingruidaxia entrance, stairs, aisles, common areas stacked boxes,
furniture or garbage.

    7.11 over
the lease sector, according to the original state of the housing situation or a
good exchange of Lessor. (Wear and tear excepted)

    7.12
without the written consent of Lessor, Lessee shall not be within the housing
and furniture, equipment, facilities, leased or lent to others.

    7.13 in
rental housing has been renovated, based on the lessee, such as equipment or
other decoration to add to prior approval of the written consent of the lessor;
lease expires must be restored as it was, and is the lessee bear the cost of
acceptance by the Lessor rear may terminate the contract.

    7.14
Lessee shall comply with "administrative costs Jingruidaxia agreement" (in
Appendix I) requirements.

    7.15
Lessee Lessor need to rent the 11th floor A room at least three months; Lessee
month in advance notice terminating tenancy the lessor.

    Article 8
Breach of Contract

    8.1

    Lessee of
the following circumstances, in addition to the lessor the right to cancel the
contract, recover the housing; the lessee has the situation of the third
paragraph, the lessor and the lessee the right to demand payment from the date
of delinquency penalty, liquidated damages per day It should cost by 1%.
Calculation:

    (1) the
lessee of its lease in the room to engage in illegal activities;

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (2)
Tenant subleasing, transfer or lend to;

    (3)
Tenant rent arrears up to 45 days, or arrears due from other costs (including
but not limited to the property, water, electricity, gas, heating, telephone,
etc.) up to 45 days .

    


    8.2 In
the event of circumstances described in clause 8.1, the lessor has the right to
deposit and advance payment of rent due from Lessee Offsetting costs, lack of
payment of part of the default implementation of the provisions according to
8.1, the lessee no right to ask for a deposit in accordance with clause 4.6,
etc. costs.

    8.3 In
the event of circumstances described in clause 8.1, Lessee agrees to stop rental
housing rental arrears be part of the service, including but not limited to
water supply and power outages, etc. to prevent loss of rental side to continue
to expand the measures, the lessee shall not be committed to this required the
lessor to bear any financial liability. Non-payment of fees in the Lessee will
be completed with the lessor shall, within 24 hours of resumption of the lessee
to provide related services.

    8.4
Contract law or by agreement within 3 days after discharge, Lessee shall lease
the house all to move out of personal items, expired not moved out, as the
lessee to give up ownership of the goods, items leased will be obsolete before
material handling, all proceeds go the lessor.

    8.5
Failure of the rental contract if the provisions of Article VI to discharge her
obligations, the lessee the right to pursue lease for breach of
contract.

    Article 9
Settlement of Disputes

    Between
the lessor and the lessee on the contract dispute, the parties shall resolve,
difficult to reconcile, they can draw the Beijing Arbitration
Commission.

    Article
10 Miscellaneous

    10.1 The
present contract expires, the self-termination

    10.2 The
annex to the contract is an integral part of this contract.

    10.3
hereof matters, from negotiation to resolve the lessor and lessee.

    10.4
contract to the Chinese version.

    10.5 The
contract effective date of the original lease contract void.

    10.6 The
contract shall be signed or sealed by the date of the contract text in
duplicate, Lessor, Lessee holds one.

    


    Lessor:
Beijing King Wing Real Estate Co., Ltd

    Representative:

    Seal;

    Witness:

    Date:
July 25, 2009

    


    Lessee:
HYPERERA Technology (Beijing) Co., Ltd

     Stamp:

    Witnesses;

    Date:  July
24, 2009