Contract
No.: [2016] -00055


 


Contract
of Advertising Release


 


Party
A: Shang Rao City Yi Lu Tong Limited Company


 


Party
B: Benefactum Alliance Business Consultant (Beijing) Co., Ltd.


 


May
15, 2016


 




    	 



    	 



    

 


Party
A: Shang Rao City Yi Lu Tong Limited Company


Address:
304, Building A, No. 87 (Information Service Industrial Park), Zhimin Street, Xinzhou District, Shangrao, Jiangxi


Contact
person: Li Hui


Tel:
0571-87397586


Postal
code: 334000


 


Party
B: Benefactum Alliance Business Consultant (Beijing) Co., Ltd.


Address:
19F, Yamai International Center, No.7, Middle Hong Kong Road, Shinan District, Qingdao


Contact
person: Yao Zhen


Tel.:
18660237666


Company
Fax:


Postal
code: 310051


 


Based
on the principle of fairness, justice, reciprocity and mutual benefit, through friendly negotiation, Party A and Party B voluntarily
enter into this contract concerning the relevant matters of advertising issuance on the union member website of Party A entrusted
by Party B after full negotiation so as to abide by and implement it.


 


The
contract concluded shall be listed below:


 


I.
Matters of Advertising Release Service


 


1.
Service content


 


(1)
Release form: Experience advertising


 


(2)
Term of contract: from May 20, 2016 to May 19, 2017


 


(3)
During the release period under this contract, if Party B has a newly-increased advertisement release item, it is only needed
to sign the “Attachment of Kuailezhuanwang Advertising Release Contract”; and there is no need to sign the text of
this contract again;


 


2.
Payment terms, details and ways of cooperation: please see the attached table “Attachment of Kuailezhuanwang Advertising
Release Contract”


 


3.
Before the starting date of release stipulated in this contract, Party B shall pay the current advertising expense by transfer
or other forms. Please see “Attachment of Kuailezhuanwang Advertising Release Contract” for the specific total amount.


 


4.
The information of receiving bank account of Party A shall be listed below:


 


Account
name: Shang Rao City Yi Lu Tong Limited Company


Opening
bank: Business Department of Shangrao Branch of China Merchants Bank


Account
No.: 793900061510803


 


II.
Legal Statement


 


Party
A and Party B shall declare and guarantee that from the day of signing and enforcement of this contract:


 




    	 



    	 



    

 


1.
Both parties shall be entitled to conduct the transaction under this contract and such transaction shall meet the provisions of
the scope of business;


 


2.
Both parties shall be entitled to conclude the contract with full power and carry out their respective obligations under this
contract;


 


3.
The authorized representative of each party has obtained full authorization and can sign this contract on behalf of each party;


 


4.
So far as each party knows, one party has disclosed all the documents which may have a great adverse impact on the performance
of the obligations under this contract issued by the registration place or the government of the place of business to the other
party;


 


5.
This contract shall come into effect as of the signing date of both parties.


 


6.
From the effective date, this contract is legally binding upon both parties.


 


7.
Each party shall guarantee that the signing and performance of the contract and the business transaction planned according to
this contract shall not be in violation of the law of China in any way.


 


III.
Obligations of Party A


 


1.
Party A shall be responsible for conducting the advertisement release management on the platform of Party A for Party B according
to the provisions of this contract.


 


2.
Party A shall be responsible for the management and supervision of the advertisement website.


 


3.
Party A shall guarantee that it shall provide consulting service for Party B in normal working hours (9: 00 to 17: 30) during
the period of on-line advertising putting.


 


4.
Party A shall keep the business secrets of Party B. After the termination of this contract, Party A shall also have an obligation
to keep the business technical intelligence and data of Party B confidential.


 


IV.
Obligations of Party B


 


1.
Party B shall settle and pay the advertising expenses in accordance with the provisions of this contract. If Party B fails to
pay the advertising expenses in time, Party A has the right to stop its advertisement and shall be entitled to pursue Party B’s
legal liability.


 


2.
Party B shall guarantee that it shall cooperate with Party A to carry out advertising pricing or conduct statistics of the relevant
technical changes and shall guarantee the normal running and stability of the website of Party B within the term of the contract.


 




    	 



    	 



    

 


3.
Party B shall guarantee the truthfulness and fairness of the data generated and registered by it or the turnover. The false data
shall not be returned.


 


4.
Party B has the obligation to provide Party A with the proof of real data or open the background for the inquiry of Party A.


 


5.
Party B cannot return the data in real time due to technical problems to Party A for inquiry, so the forms shall be returned subsequently
for the offering of inquiry. The data return period shall not exceed three working days. If is required to return again due to
the return error, the return cycle shall not exceed one working day (excluding the extension of the data return caused by the
force majeure).


 


6.
Party B shall ensure that the promotion of the Internet advertising content does not contain the following contents:


 


√
Reactionary, slanderous, pornographic, obscene, slander or other illegal contents stated by the law of China;


 


√
Violation of intellectual property rights or other rights of any third party (including but not limited to copyright,
patents, trademarks, trade secrets and technical secrets, etc.);


 


√
Violation of the public image or privacy of any third party;


 


√
Party B guarantees that the linked picture documents provided by Party B are in conformity with the provisions of the
advertising law;


 


√
The contents shall not be included other laws and regulations.


 


7.
Party B shall keep the confidential secrets of Party A. Without the permission of Party A, Party B shall not arbitrarily disclose
the cooperation contents of both parties and the contract terms to the third party. After the termination of this contract, Party
A shall also have an obligation to keep the business technical intelligence and data of Party B confidential.


 


V.
Confirmation of Advertising Expenses


 


1.
Both parties confirmed that the behavior data provided by the statistical platform of Party B shall prevail. And the data returned
shall not be corrected again.


 


2.
Party B shall pay the advance payment by bank transfer within three days before the release of the current advertisement. See
“Attachment of Kuailezhuanwang Advertising Release Contract” for the specific amount.


 


3.
Party A shall send the invoice to Party B within three working days after the receipt of the advance payment.


 




    	 



    	 



    

 


 


4.
All the advance payment for cooperation shall be the cost of all advertisement put on the platform of Party A by Party B. The
item is not put in separately for some specific advertisement.


 


VI.
Party A and Party B’s Liability for Breach of Contract


 


If
any party breaches the obligations stipulated in this contract, the other party shall promptly notify the party in breach, and
both parties shall settle it through friendly negotiation. If the defaulting party continues to default or refuses to perform
its obligations, in addition to the compensation obtained from the default party for all the losses caused therefrom, the non-breaching
party shall be entitled to terminate this contract in advance.


 


1.
If one party fails to perform the obligations according to the provisions of the contract, the party in breach shall pay the liquidated
damages for its delay in performance every day to the observant party according to 0.3 percent of the contract amount from the
date of default.


 


2.
If Party B fails to return the data to Party A within the time limit stipulated in this contract, Party A shall have the right
to suspend Party B’s advertisement to Party B to complete the data return after two working days.


 


3.
If Party B fails to release advertisement of Party A in the short term due to attacks, earthquakes, fires, wars and other unexpected
factors suffered on the server, Party B shall notify Party A about it within 24 hours of the accident, and after returned to normal,
the release term shall be extended unconditionally.


 


4.
Both parties are at fault, which shall be based on the actual fault of the parties, and both parties shall bear the responsibility
of default respectively.


 


VII.
Termination of Contract


 


If
any of the following circumstances occurs, the contract may be terminated.


 


1.
In terms one to six provided in the event of termination, the other party may terminate this contract voluntarily;


 


2.
If Party A fails to release advertisement for Party B timely due to force majeure. If this situation continues for more than 30
days, either party shall be entitled to give a written notice of the termination of the contract;


 


3.
In which either Party A and Party B declares bankruptcy or enters into liquidation or dissolution procedures;


 


4.
Termination stipulated by other laws and regulations;


 


5.
The termination of this contract does not affect the settlement and payment obligations under this contract.


 




    	 



    	 



    

 


VIII.
Disputes and Settlement Agreement


 


1.
Disputes arising from the interpretation and execution of this contract shall be settled through friendly negotiation or mediation
by a neutral third party.


 


2.
If the dispute cannot be settled or negotiated by agreement, either party may submit the relevant dispute to the people’s
court where Party B is located for proceeding resolution.


 


IX.
Miscellaneous


 


This
contract shall enter into force from the date on which the two parties sign and seal (both written form and electronic scanning
form shall be valid). For the data released by both parties, the payment amount shall be subject to the provisions of the schedule
to the contract. At the same time, both parties shall keep all of the contents of the contract confidential. Without the consent
of the other party, one party shall not disclose any form of this contract to any third party; if the leak case is found, both
parties have the responsibility to pursue their legal liability.


 


---No
text below---


 





	Party A:Shang Rao City Yi
    Lu Tong Limited Company	 	Party B: Benefactum Alliance Business Consultant
    (Beijing) Co., Ltd.
	Authorized representative: Li Hui	 	Authorized representative: Yao Zhen
	Tel: 15024425048	 	Tel: 18660237666
	(Seal of organization)	 	(Seal of organization)
	Date of signing: May 15, 2016	 	Date of signing: May 15, 2016