Exhibit 10.17


 


Contract


 


Project Name: Co-construction of International
Platform for Aesthetic Education Management Community


 


	Client (Party A):	China Liberal Education Technology Co., Ltd.
	 	 
	Trustee (Party B):	School of Arts Administration and Education of China Academy of Art


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


Signing Date: November 9, 2018


 


Term of Validity: November 9, 2018 to November
9, 2021


 




     


     


    

 


This Contract is entered into by and between
the parties through negotiation in accordance with the Contract Law of the People’s Republic of China.


 


I. Project Name, Content and Requirements


 


Project Name: Co-construction of International
Platform for Aesthetic Education Management Community


 


Project Content:


 


1. Establishment of a talent cultivation
fund


 


Within the term of this Contract, Party
A shall provide Party B with a talent cultivation fund of no less than RMB 200,000 every 12 months (mainly used as expenses for
construction of international education platform for art management, scientific research, scholarship and grants for outstanding
students, professional project workshops and scientific research for professional teachers, etc., which are agreed upon by the
parties in writing).


 


2. International talent training platform


 


Promote the construction of talent research
and study channels, provide professional consulting services for students studying in foreign art colleges and universities, and
set up an “international talent training platform”. Organize outstanding undergraduate and graduate students for study
tours and short-term visits, inspect art colleges, art institutions and museums, establish inter-school “overseas internship
and training platform”, and carry out international practice activities.


 


3. School-enterprise cooperation professional
education laboratory


 


According to professional needs, set up
characteristic professional studios with European and American art colleges and universities to carry out professional exchanges,
carry out professional co-construction activities and hold academic seminars. Regularly carry out exchange visits and learning
activities with art colleges and universities in Europe and the United States. At the same time, hold “contemporary art lectures”
for teachers in domestic colleges and universities to build a national platform for art education and social practice. Construct
an incubator for arts management and education workers.


 


Project Requirements:


 


1. Joint establishment of an art innovation
platform and an international talent training platform


 


1) Party A and Party B shall set up an
“international co-construction platform of aesthetic education management community”. The parties agree to use the
name of the co-construction platform in the information released to the public and carry out the three tasks mentioned above.


 


2) Party A, as Party B’s partner,
shall actively cooperate with Party B in its work. The parties shall be responsible for the operation of the “international
talent training platform” and carry out talent training both on and off campus.


 






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2. Establishment of a talent training fund


 


1) According to the agreement between the
parties, Party A shall provide not less than RMB 200,000 per year (every 12 months). In order to facilitate management, reduce
turnover time and improve work efficiency, the method for the payment and allocation of funds is as follows: RMB 120,000 shall
be transferred to the designated account of China Academy of Art, and the remaining RMB 80,000, used for special projects every
year, shall be temporarily kept by China Liberal Education Technology Co., Ltd. and supervised by the project leader of China Academy
of Art. It shall be used for special projects approved by the parties through negotiation. In 2018, it shall be used for the project
of “the 13th Annual Meeting of China Arts Administration Education Association 2018·National College Students Art
Project Creative Competition”.


 


2) The use of funds in the designated account
of China Academy of Art shall be subject to the reimbursement regulations of China Academy of Art. The amount for special projects
shall be jointly managed by the project leaders designated by the parties respectively. Each expense shall be recognized by the
parties and only be used upon being signed by the parties.


 


3) Both parties shall have the right to
supervise and manage the use of the “talent training fund”.


 


4) Details of expenditure


 


Expenditure details of RMB 120,000 (unit:
’0000)


 


	Equipment costs	 	2	 	Material expenses	 	2	 	Service charges	 	1.2
	 	 	 	 	 	 	 	 	 	 	 
	Travel expenses	 	1	 	Conference expenses	 	1.3	 	Collaboration and communication expenses	 	2
	 	 	 	 	 	 	 	 	 	 	 
	Dissemination of published literature information	 	2	 	Books and reference materials	 	0.5	 	 	 	 


 


Expenditure details of RMB 80,000 (unit:
’0000)


 


	Travel expenses	 	3	 	Material expenses	 	0.7	 	Expert consultancy	 	0.5
	 	 	 	 	 	 	 	 	 	 	 
	Dissemination of published literature information	 	2	 	Service charges	 	0.8	 	 	 	 


 


3. Organization of “the 13th Annual
Meeting of China Arts Administration Education Association 2018·National College Students Art Project Creative Competition”:


 


1) The parties shall jointly undertake
the organization of “the 13th Annual Meeting of China Arts Administration Education Association 2018·National College
Students Art Project Creative Competition”.


 


2) In 2018, the “talent training
fund” of RMB 80,000 shall be used for the sponsorship fee.


 


3) Party B guarantees that Party A has
the right of authorship of the sponsor of “the 13th Annual Meeting of China Arts Administration Education Association 2018·National
College Students Art Project Creative Competition”.


 


4. Cooperation


 


1) Under the guidance of “the Belt
and Road” policy, the parties shall establish an “overseas internship and training platform” in Italy, Germany,
Spain, Britain, America and other countries upon the execution of this Contract, and carry out exchange visits of scholars, laboratory
construction, etc.


 


2) Establish relevant institutions for
overseas colleges and universities that are interested in learning Chinese art and Chinese language and literature.


 






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3) Jointly recruit outstanding students
for the “international talent training platform”, and cultivate artistic talents with international vision and professional
level.


 


4) The projects carried out with the talent
cultivation fund, including but not limited to mutual visits of teachers, academic exchanges, short-term visits, study tours and
meetings, etc., can be handled by Party A with the consent of Party B if Party A is able to undertake such projects. The similar
or related projects of Party B hereunder not paid by the talent cultivation fund shall be undertaken by Party A preferentially
under the same conditions.


 


II. Working Conditions and Collaboration
Matters


 


Party B shall provide sufficient technical
data, data and necessary working conditions, and Party A shall start the work upon confirmation of Party B.


 


Project Head of Party A: Li Fei


 


Project Team Members of Party A: Tang Mengyu,
Zhai Xinyu, Ye Zhengdong


 


Project Head of Party B: Shan Zeng


 


Project Team Members of Party B: Liu Xiao,
Zhai Yujia, Zang Zhicheng


 


III. Time Limit, Place and Method of
Performance


 


This Contract is valid from November
9, 2018 to November 9, 2021.


 


Mode of performance: cooperation


 


IV. Remuneration and Payment Method


 


1. The talent training fund of this project
is RMB 200,000, provided by Party A.


 


2. Payment method


 


j
Total payment per year (every 12 months): RMB 200,000, in which, RMB 120,000 shall be credited to the account designated by
China Academy of Arts within three (3) working days after this Contract is officially signed. RMB 80,000 used for special
projects shall be temporarily kept by China Liberal Education Technology Co., Ltd. and supervised by the project leader of
China Academy of Arts. Party B shall start the work after receiving the payment from Party A.


 


3.
Payment mode ☐ cash payment ☐ pay by check þ T/T
payment


 


V. Ownership and Sharing of Project
Results


 


j
After the
project is appraised in writing by Party A and all the cooperation funds have been paid according to this Contract, the
intellectual property rights of the project results shall be jointly owned by the parties, provided that it does not violate
the relevant intellectual property laws of China. As for the horizontal research achievements, Party B shall enjoy the right
of academic exchange and publication of the project.


 


‚
The parties shall negotiate the ownership and sharing of intellectual property rights according to the specific project
contents and requirements.


 






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VI. Confidentiality of Technical Information


 


The parties have established the contractual
relationship of confidentiality upon the execution of this Contract and the initial payment of the funds. Either party shall be
obliged to keep the technical and business secrets related to this Contract for the other party, and shall not disclose any information
deemed as technical or business secrets by the parties to any third party. Party B shall not announce the project results to any
third party prior to Party A without permission of Party A.


 


VII. Dispute Resolution 


 


Any dispute arising from the performance
of this Contract shall be settled by the parties through negotiation, or may be submitted to the superior authorities of the parties
for mediation.


 


If the parties are unwilling to negotiate
or mediate for settlement, or if negotiation or mediation fails, the parties shall apply to the local arbitration commission for
arbitration. Arbitration shall be conducted in accordance with the arbitration rules in effect at the time of applying for arbitration.
The arbitral award shall be final and binding upon the parties.


 


VIII. Miscellaneous


 


This Contract is made in six counterparts
and goes into force upon being signed and stamped by the authorized representatives of the parties and making of the first payment.
Party A shall hold two counterparts and Party B shall hold four counterparts with the same legal effect.


 


Any modifications, supplements or changes
of any provision of this Contract shall come into force only after a written agreement is signed and stamped by the parties.


 




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	Client (Party A)	Unit Name	China Liberal Education Technology Co., Ltd. (seal)
	 	 	 
	 	Project Head	Li Fei (signature)	Entrusted Agent	(seal)
	 	 	 	 	 
	 	Contact Person	Li Fei	Phone	 
	 	 	 	 	 
	 	Address	2/F, Building A, HuaTeng Century Park Headquarters, Chaoyang District, Beijing
	 	 	             
	 	E-mail
	 	 
	 	 
	 	Opening Bank
	 	 
	 	Account No.
	 	 	 
	Trustee (Party B)	Unit Name	School of Arts Administration and Education of China Academy of Art
	 	 	 
	 	Project Head	
        Shan Zeng (signature)

         

        
	Entrusted Agent	
        (seal)

         

	 	 	 	 	 
	 	Contact Person	Shan Zeng	Phone	
	 	 	 	 	 
	 	Address	Office 202, Building 9, Xiangshan Campus, China Academy of Art, Xiangshan, Zhuantang, Hangzhou, School of Arts Administration and Education of China Academy of Art
	 	 	 
	 	E-mail	
	 	 	 
	 	Opening Bank	Industrial and Commercial Bank of China Zhengjiang Hangzhou Hubin Sub-branch
	 	 	 
	 	Account No.	
	 	 	 	 	 	 	 




 


Special Seal for Contract of China Liberal
Education Technology Co., Ltd. (seal)


 


China Liberal Education Technology Co.,
Ltd. (seal)




 


 


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