ex1016.htm


    Exhibit
10.16

     

     

    
      LEASE
AGREEMENT

      


      Lessor:
(hereinafter referred to as party A)  Wei Chen

      Lessee:
(hereinafter referred to as party B)  Shandong Jiajia
International & Forwarding Company., Ltd. Shanghai
Branch

      


      Party A
and Party B have reached an agreement through friendly consultation to conclude
the following contract.

      


      Article
1.  Leased Premisess

      The leased premisess is specified as
follows: office area of 7,008 square feet located at Gutai Binjiang Mansion Suite 2301, 2302
and 2306, 969 S. Zhongshan Road, Huangpu District, Shanghai.

      


      Articles
2.  Lease Term

      The Lease
Agreement shall be effective for one year, commencing from June 1, 2008 and
ending on May 31, 2009. When the term expires, Party B has the priority over
other rental applicants to renew the lease. Party A has right to terminate
contract and take back premisess in the following circumstances:

      
        	
              	
                (1)

              	
                Party
      B sublease, transfer, or lend the premises without permission of Party
      A

              


      

      
        	
              	
                (2)

              	
                Party
      B uses the premises to conduct illegal activities and do harm to
      public

              


      

      
        	
              	
                (3)

              	
                Party
      B falls behind with rent accumulatively for two
  months.

              


      

      


      Articles
3. Rent

      The rent
is RMB 25,000 for each month. The total rent for one year is
RMB300,000.

      


      Article
4. Monthly Property Management Fee: RMB11718.54(651.03×18)

      The
Lessee pays on monthly basis the following expenses: Electricity, Water and
cleaning service.

      


      Article
5. Payment Method

      Party B
should pay the rents biannually.

      


      Article
6. Obligations of Party A

      
        	
              	
                1)

              	
                Party
      A should guarantee the lease right of the premisess of Party B. Party A
      should not rent the same premises to a third
  party.

              


      

      
        	
              	
                2)

              	
                Party
      A should coordinate with Property Management Services of the building to
      ensure Party B has access to the premises and property management services
      during the lease term.

              


      

      


      Article
7. Obligations of Party B

      
        	
                 
      

              	
                1)

              	
                Party
      B should pay Party A the rents on
time.

              


      

      
        	
                 
      

              	
                2)

              	
                Party
      B should not transfer the lease of the premisess or sublet it without
      Party A''s written approval.

              


      

      
        	
                 
      

              	
                3)

              	
                Party
      B is responsible for interior decoration and bears the related
      cost.

              


      

      
        	
                 
      

              	
                4)

              	
                Party
      B should take good care of the premisess. Party B will be responsible to
      compensate any damages of the premisess and attached facilities caused by
      its fault and negligence.

              


      

      
        	
                 
      

              	
                5)

              	
                Party
      B will use the premisess only for the purpose of office operation. Party B
      should not conduct illegal activities in the rented
    premisess.

              


      

      
        	
                 
      

              	
                6)

              	
                Party
      B must maintain the good condition of the premisess by expiration of the
      lease. After Party A has completed the status check, the premisess should
      return to Party A.

              


      

      
        	
                 
      

              	
                7)

              	
                Party
      B should notice Party A in written two months in advance in order to
      terminate the contract on an earlier date, renew the lease, or terminate
      lease on expiration date. With approval from Party A, both parties should
      prepare the related paperwork
accordingly.

              


      

      
        	
                 
      

              	
                8)

              	
                Party
      B can install the company plate in the premises at its own
      cost.

              


      

      


      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Article
8. Exemptions

      Either
party is exempted from the responsibility to compensate the loss of the other
party when it fails to perform the obligations due to force
majeure.

      


      Article
9. Miscellaneous

      There are
2 originals of this contract. Each party will hold 1 original(s). The two
original copies are equally valid.

      Both
parties will solve the issues undressed in the lease through friendly
consultation. In case the agreement cannot be reached, any party may summit the
dispute to Shanghai Arbitration Commission for arbitration.

      


      


      Party A:
Wei Chen

      (Signature)

      


      Party B:
Shandong Jiajia International & Forwarding Company., Ltd. Shanghai
Branch

      (Company
Stamp)