Document:

DIT VENTURES, INC.

A Nevada corporation

EMPLOYMENT AGREEMENT

THIS AGREEMENT (this Agreement) is dated as of September 29, 2000 (the Effective Date) by
and between DIT Ventures, a Nevada corporation (the Company), and Greg Amor, an individual
(Executive).

WHEREAS, the Company desires to obtain the professional services of Executive; and

WHEREAS, Executive desires to provide such services to the Company upon the following
terms and conditions;

NOW THEREFORE, in consideration of the mutual covenants contained herein and other
valuable consideration, the parties agree as follows:

1. Term. The Company hereby employs Executive in the position and with the duties and
responsibilities described in Paragraph 2 for the period commencing on the Effective Date and
ending one (1) year from the Effective Date (the Term). The Term shall be extended by
successive one (1) month periods in the absence of the renegotiation of the term of this
Agreement for such successive periods. If the Term is so extended, all references to the Term in
this Agreement shall be deemed to include such the extension thereof.

2. Position, Duties, Responsibilities. The Company hereby agrees to employ Executive, and
Executive agrees to serve, as Chief Financial Officer during the Term. Subject to the terms
hereof, Executive shall serve either at the Company's principal place of business or such other
place at which Executive shall request, which shall be reasonably granted by the Company.
Executive shall report to the Company's Chief Executive Officer and/or its Board of Directors,
as appropriate. Executive, in his capacity as Chief Financial Officer of the Company, shall (i)
oversee all financing, including but not limited to private placements, whether brokered or
non-brokered; (ii) oversee the budget and overhead of the Company; (iii) ensure that the
Company remains compliant with all regulatory requirements; (iv) prepare and file the
Company's quarterly and annual financial statements; (v) prepare agreements that may from
time to time be required by the Company; (vi) prepare and file documents in connection with the
Company's financings; (vii) maintain correspondence with shareholders and other persons
material to the affairs of the Company; and (viii) perform all other duties that may from time to
time be required by the Company or as is normally attendant to Executive's position as an
officer of the Company. In furtherance thereof, Executive shall have the full authority and
responsibility prescribed by the Company's Bylaws relating to or otherwise normally attendant
to his position as an executive officer of a corporation holding such position and shall hold such
responsibilities as shall be determined pursuant to the periodic review and approval of the Chief
Executive Officer and/or Board of Directors or any committee thereof. 

3. Compensation. Executive shall be paid the following compensation while employed by the
Company pursuant to this Agreement:

3.1 Salary. The Company agrees to pay or cause to be paid to Executive a base salary at the rate
of Five Thousand Dollars ($5,000.00) per month (Base Salary) during the Term. Executive shall
be paid a salary of $1,000.00 per month, and the remaining $4,000.00 per month shall be
deferred compensation until such time as the Company becomes a publicly traded entity, i.e.
securities of the Company are actively traded on the NASDAQ OTC-BB. Within thirty (30) days
after the date on which the Company becomes a publicly traded entity, as set forth above, the
Company shall deliver a check to Executive in the amount of all deferred salary accumulated,
due and payable to Executive. After the Company becomes a publicly traded entity, Executive
shall receive a base salary of $5,000.00 per month and no part thereof shall be deferred.

3.2 Benefits. Executive shall be entitled to all benefits made available generally to executives of
the Company, including director's and officer's insurance. 

3.3 Stock Options. Executive shall be eligible to participate in any stock option plans instituted
by the Company during the Term. 

3.4 Business Travel and Other Business Expenses. The Company shall reimburse Executive for
reasonable and ordinary expenses relating to the performance of his duties hereunder. Such
expenses shall be supported by reasonable documentation and shall be subject to reasonable
audit by the Company. 

4. Termination of Employment; Compensation Due.

4.1 Death.

4.1.1 Termination. Other than the obligations contained in Section 4.1.2 hereof, this Agreement
shall terminate automatically upon the death of Executive. 

4.1.2 Compensation. Following the death of Executive, the Company shall pay to Executive's
beneficiary or estate, as instructed by Executive in writing on file with the Company, or if no
one has been so designated, to his estate, (i) the Annual Salary to which Executive is entitled
through the date of termination and (ii) all accrued but unused vacation pay (the sum of (i), and
(ii) hereunder being referred to as AAccrued Compensation). Following the death of Executive,
the Company shall make any payments required under any death benefit policy, benefit plan or
then existing life insurance policy maintained by the Company to the beneficiary thereof.
Thereafter, the Company's obligations hereunder shall terminate. 

4.2 Disability.

4.2.1 Termination. Should Executive be prevented from properly performing Executive's duties
hereunder by reason of any physical or mental incapacity for a period of more than 180 days in
the aggregate during any twelve (12) month period, then, to the extent permitted by law, at the
Company's discretion, the Company may terminate its obligations hereunder except for (i) any
Accrued Compensation through the date of such termination, and (ii) any rights Executive may
have under any disability plan in which Executive is a participant.

4.2.2 Compensation. During any period that Executive is disabled under this Agreement, but
terminating upon any termination of this Agreement pursuant to Section 4.2.1, Executive shall
continue to receive an amount equal to his Annual Salary minus any compensation received by
Executive under any disability insurance policy the premiums for which have been paid by the
Company. Following the termination of Executive's employment under Section 4.2.1, the
Company shall pay Executive an amount equal to his Accrued Compensation through the date
on which his employment is terminated, and the Company shall have no further obligations to
Executive under this Agreement.

4.3 By the Company.

4.3.1 For Cause. (a)  The Company may terminate, without liability,

this Agreement For Cause (as defined in this paragraph), an any time upon written notice to
Executive. AFor Cause is defined as (i) the breach by Executive of any material term of this
Agreement, provided such breach, if capable of a cure, is not cured within thirty (30) days after
Executive received written notice of such breach and demand for a cure by the Company, which
notice identifies such breach with particularity, (ii) the engaging by the Employee in conduct
materially adverse to the Company and inconsistent with his duties and responsibilities under
Section 2 above and the failure to cease such conduct within thirty (30) days after written
demand therefor by the Company identifying with reasonable particularity such conduct and
harm, (iii) the conviction (by trial or upon a plea) of Executive of a misdemeanor involving
moral turpitude or a felony or (iv) a determination made by the vote of 75% of more of the
Outside Members of the Board of Directors that Executive has regularly and consistently failed
to perform his duties and obligations as an executive officer under this Agreement, after written
notice of such failure has been delivered to Executive and Executive has had a period of thirty
(30) days to cure such failure. For purposes of this Section, "Outside Member" shall mean any
member of the Board of Directors who is not an executive officer or employee of the Company.

(b) In the event the Company terminates Executive For Cause, the Company shall pay Executive
an amount equal to his Accrued Compensation through the date on which his employment is
terminated, and the Company shall have no further obligations to Executive under this
Agreement.

4.3.2 Termination Upon Cessation of Business. The Company shall have

the right to immediately terminate Executive's employment under this Agreement upon a
"Cessation of Business." For purposes of this Agreement, a "Cessation of Business" shall mean
the Company's ceasing to operate in the ordinary course of business, whether by dissolution,
liquidation, sale of assets, consolidation, merger or otherwise, in connection with, pursuant to or
arising out of a good faith determination by the Board that the continuing operation of the
business in its ordinary course is reasonably likely to render the Company unable to meet its
liabilities as they mature. Upon termination in accordance with this Section 4.3.2, the Company
shall (i) pay to Executive the Base Salary, and (ii) provide the same health insurance benefits to
which Executive was entitled hereunder, in each case (i.e., the Base Salary and health insurance
benefits), until the earlier to occur of (A) the expiration of the remaining portion of the Term, or
(B) the expiration of the three (3) month period commencing on the date Executive is
terminated. The Company may make such payments in accordance with its regular payroll
schedule or in a single lump sum payment in its sole discretion.

4.3.3 Without Cause. If the Company terminates Executive for any reason other than due to his
death, disability (as determined pursuant to Section 4.2.1) or as a result of those reasons listed in
Section 4.3.1 and 4.3.2 hereof (AWithout Cause), the Company shall (i) continue to pay
Executive his Annual Salary; and (ii) continue to provide the health and other benefits described
in Section 3.2 (clauses (i) and (ii) hereof collectively, ATermination Without Cause
Obligations); the Termination Without Cause Obligations shall be provided for a period of time
equal to the lesser of (i) the remainder of the unexpired Term calculated as if no premature
termination of this Agreement had occurred, or (ii) the expiration of the six (6) month period
commencing on the date of the premature termination. 

4.4 By Executive.

4.4.1 Voluntary Termination. Executive may terminate his employment

at any time by giving no less than thirty (30) days' written notice to the Company. The Company
reserves the right to accept Executive's voluntary termination immediately, without notice and
without any further payment obligation.

4.4.2 No Reason. Upon termination in accordance with this Section 4.4,

except as otherwise provided in Section 4.4.3 below, Executive shall be entitled to no further
payments from the Company under this Agreement, except for the payments, of cash and
in-kind, accrued through, but not including, the effective date of such termination. 

4.4.3 For Good Reason. Executive may terminate, without liability, this Agreement AFor Good
Reason if (a) the Company breaches any material term of this Agreement, provided that, if such
breach is capable of cure, such breach continues for a period of thirty (30) days after the
Company receives written notice of such breach by Executive identifying such breach with
particularity, (b) a material diminution in Executive's responsibilities or authority occurs without
Executive's consent, which shall include, among other things, any modification of Executive's
reporting responsibilities to any person other than the Company's Chief Executive Officer or its
Board of Directors, (c) Executive is required to relocate his principal place of business outside
of Los Angeles County or (d) a Change in Control (as defined below) occurs.

A AChange in Control means the happening of any of the following: (x) when any Aperson, as
such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as
amended (the AAct), is or becomes the Abeneficial owner (as defined in Rule 13d-3 under the
Exchange Act), directly or indirectly, of securities of the Company representing fifty percent
(50%) or more of the combined voting power of the Company's then outstanding securities, or
(y) the occurrence of a transaction requiring stockholder approval and involving the sale of all or
substantially all of the assets of the Company or the merger of the Company with or into another
corporation in which (i) the Company is not the surviving corporation, or (ii) the stockholders of
the Company immediately prior to such merger are the owners of less than fifty percent (50%) of
the combined voting power of the Company and such other corporation immediately after such
merger, or (z) the election of the Board of Directors in any special or annual election or
stockholders' consent where the incumbent directors immediately prior to such election or
consent do not constitute a majority of the Board of Directors immediately after such election.

In the event Executive terminates this Agreement For Good Reason, the Company shall fulfill
the obligations set forth in Section 4.3.2 hereof and all of Executive's outstanding options
granted pursuant to any of the Option Plans shall immediately vest and the time period during
which such options may be exercised shall be extended for two (2) years.. 

4.5 Exclusive Remedy. The payments contemplated by this Agreement shall constitute
Executive's exclusive and sole remedy for any claim that Executive might otherwise have against
the Company for payments under this Agreement which, but for Executive's termination of
employment hereunder, might otherwise be due and payable by the Company to Executive.
Executive covenants not to assert any other claims or causes of action or pursue any such
remedies, other than an action to enforce the payments due to Executive under this Agreement.

5. Executive Covenants.

5.1 Confidentiality. Executive acknowledges that in his employment hereunder he will occupy a
position of trust and confidence. Executive shall not, except as may be required to perform his
duties hereunder or as required by applicable law, for a period of two (2) years following the
termination of this Agreement or until such information shall have become public other than by
Executive's unauthorized disclosure, disclose to others or use, whether directly or indirectly, any
Confidential Information regarding the Company, its subsidiaries and affiliates. AConfidential
Information shall mean information about the Company, its subsidiaries and affiliates, and their
respective clients and customers and that was learned by Executive in the course of his
employment by the Company, its subsidiaries and affiliates, including without limitation any
proprietary knowledge, trade secrets, data, formulae, information and client and customer lists
and all papers, resumes, and records (including computer records) of the documents containing
such Confidential Information. Executive acknowledges that such Confidential Information is
specialized, unique in nature and of great value to the Company, its subsidiaries and affiliates,
and that such information gives the Company a competitive advantage. Executive agrees to
deliver or return to the Company, at the Company's request at any time or upon termination or
expiration of his employment or as soon thereafter as possible, (i) all documents, computer tapes
and disks, records, lists, data, drawings, prints, notes and written information (and all copies
thereof) furnished by the Company, its subsidiaries and affiliates, or prepared by Executive
during the Term of his employment with the Company, its subsidiaries and affiliates, and (ii) all
notebooks and other data relating to research or experiments or other work conducted by
Executive in the scope of employment.

5.2 Non-Competition. During the Term, Executive shall not, directly or indirectly, without the
prior written consent of the Company, provide consultative services or otherwise provide
services to (whether as an employee or a consultant, with or without pay), own, manage, operate,
join, control, participate in, or be connected with (as a stockholder, partner or otherwise), any
business, individual, partner, firm, corporation, or other entity that is then a competitor of the
Company, its subsidiaries or affiliates (each such competitor a ACompetitor of the Company);
provided that nothin g herein shall prevent Executive from the beneficial ownership of up to 5%
of the publicly traded securities of any person who may be deemed to be a Competitor of the
Company, and provided, further, that if the Company terminates the Employee's employment
hereunder Without Cause or the Employee terminates his employment For Good Reason prior to
the expiration of the Term of this Agreement, the provisions of this Section 5.2 shall not apply
from and after the date of such termination of employment.

5.3 Non-Solicitation of Customers and Suppliers. During the Term and for a period of six (6)
months thereafter, the Employee shall not, directly or indirectly, influence or attempt to
influence customers or suppliers of the Company, or any of its subsidiaries or affiliates, or to
divert their business to any Competitor of the Company, provided, that if the Company
terminates the Employee's employment hereunder Without Cause or the Employee terminates
his employment For Good Reason prior to the expiration of the Term, the provisions of this
Section 5.3 shall not apply from and after the date of such termination of employment.

5.4 Injunctive Relief. It is expressly agreed that the Company will or would suffer irreparable
injury if Executive were to disclose Confidential Information, compete with the Company or
solicit customers or suppliers the Company in violation of this Section 6, that money damages
would be insufficient to compensate the Company and that the Company would by reason of
such competition or disclosure be entitled to injunctive relief in a court of appropriate
jurisdiction.

6. Successors and Assigns. This Agreement may not be assigned without the written consent of
the non-assigning party, provided that Executive's rights to payments hereunder shall, upon his
death, inure to the benefit of Executive's personal or legal representatives, executors,
administrators, heirs, distributees, devisees and legatees. Any Change of Control shall be
deemed to be an assignment requiring consent of Executive.

7. Notices. All notices hereunder shall be in writing and shall be either served by certified or
registered mail, air courier, by hand, or by facsimile, in each case with charges prepaid. Notices
shall be deemed effective when mailed, hand delivered, or faxed. Notices to Executive shall be
given at the address set forth in the records of the Company for Executive. This notice provision
may be changed with respect to any party by such party notifying the other of such change in
accordance with the provisions of this Section 7.

8. Equitable Remedies. Executive and the Company agree that the services to be rendered by
Executive pursuant to this Agreement are of a special, unique and extraordinary character which
gives them a peculiar value, the loss of which may not be reasonably or adequately compensated
in damages in any action at law, and that a breach by Executive of any of the terms of this
Agreement may cause the Company great and irreparable injury and damage. Executive
expressly agrees that the Company may apply for the remedies of injunction, specific
performance and other equitable relief to prevent a breach of this Agreement by Executive. This
provision shall not, however, be construed as a waiver of any of the rights which the Company
may have hereunder, at law, for damages, or otherwise.

9. Complete Agreement. In entering into this Agreement, neither party has relied upon any
representation, warranty, assurance or statement of intention not expressly set forth herein.

10. Severability. If any provision of this Agreement is declared invalid, illegal or incapable of
being enforced by any court of competent jurisdiction, all of the remaining provisions of this
Agreement shall nevertheless continue in full force and effect. 

11. Governing Law. This Agreement shall be governed by and construed in accordance with the
laws of the State of California applicable to agreements made and to be performed in California.
Only California courts (state and federal) shall have jurisdiction of any action, suit or proceeding
brought regarding this Agreement.

12. Modification and Waiver. No provision of this Agreement may be modified, waived, or
discharged unless agreed to in writing by both parties hereto. The failure of a party to insist upon
strict adherence to any term, condition or other provision of this Agreement shall not be
considered a waiver or deprive that party of the right thereafter to insist upon strict adherence to
that term or any other term, condition or other provision of this Agreement.

13. Attorney Fees. In the event of any action, suit, or proceeding arising from or based on this
Agreement brought by either party hereto against the other, the prevailing party shall be entitled
to recover from the other its reasonable, attorneys' fees and disbursements in connection
therewith in addition to the costs of such action, suit or proceeding.

14. Headings. The headings in this Agreement are solely for the convenience of reference and
shall not affect its interpretation.

15. Withholdings. All payments to Employee hereunder shall be made after reduction

for all federal, state and local withholding and payroll taxes, all as determined under applicable
law and regulations, and Employer shall make all reports and similar filings required by such
law and regulations with respect to such payments, withholdings and taxes.

16. Counterparts. This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original, but all such counterparts together shall constitute but one and
the same instrument. This Agreement shall become effective upon the execution of a counterpart
hereof by each of the parties hereto. 

IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the day and year
first above written.

DIT VENTURES, INC., GREG AMOR 

a Nevada corporation 

/s/ Kenneth Yeh /s/ Greg Amor

Kenneth Yeh Greg Amor

Chief Executive OfficerDISTRIBUTOR AGREEMENT

CONTENT DISTRIBUTOR AGREEMENT

	This Content Distributor Agreement ("Agreement"), is entered into as of the 11th day of December by and
between DIT Ventures, Inc., a Michigan corporation ("DITV") and Chinese Media Net, Inc., a New York
corporation (the "Distributor").

	WHEREAS, Distributor wishes to use financial news content developed by DITV in its business and DITV is
willing to license certain financial content in accordance with the terms and conditions set forth in this Agreement;
and 

	WHEREAS, DITV wishes to secure banner advertising on Distributor's Web site and Distributor is willing to
provide banner advertising on its Web site in accordance with the terms and conditions set forth in this Agreement.

	Now, Therefore, in consideration of the foregoing premises and the mutual covenants and obligations
contained herein, the parties agree as follows: 

	Section 1.  Definitions

		1.1	"Information Providers" ("IPs") are third parties from whom DITV acquires the right to distribute
Content. 

		

		1.2		"Content" means the material set forth in Exhibit A to this Agreement. DITV reserves the right to

add or withdraw items of coverage to or from the Content without notice.

	        1.3	"End-User" means each third party to whom Distributor provides the Services as authorized in
Exhibit A.   

		1.4	 Services" are the electronic information services offered by Distributor that make available the
Content, as authorized in Exhibit A. 

	Section 2.  Distribution

		2.1	Grant of Rights; Distribution by Distributor.  Subject to the terms and conditions of this Agreement
and its Exhibits, DITV grants Distributor a nonexclusive license and right (A) to distribute the Content to End-Users as part of the Services, and (B) to license End-Users to use the Content as authorized by the End-User
Agreement.  At no charge to DITV, Distributor shall provide DITV reasonable access to the Services for the
purposes of reviewing Distributor's incorporation of the Content into the Services and evaluating compliance with
this Agreement.  Before implementing any major changes to the Services, Distributor shall provide notice thereof
to DITV.  In lieu of payment, DITV shall, for the term of the Agreement, provide Services to Distributor.  

		2.2	Notices.  Distributor shall cause the Services to display as part of each storyon each page that
includes Content transmitted by DITV (A) quote888.com logo or a prominently visible text link showing
Quote888.com, with an operational link to www.quote888.com  (or other DITV World Wide Web site).  Such
notices shall be conspicuous to the End-User and comply with any further requirements set forth in Exhibit A.

		2.3	Restrictions.  Distributor shall not knowingly distribute the Content to any entity (A) for use in
print, television or radio news media; (B) for use on any web sites that are pornographic, obscene or defamatory; or
(C) that redistributes the Content to its customers, with or without charge.  In the event that any unauthorized
distribution occurs, Distributor immediately shall notify DITV and use its best efforts to immediately cease such
distribution.  Distributor agrees to block and not distribute Content not licensed or authorized for distribution by
Distributor.

		2.4	Modifications.  Distributor shall not edit, abridge, rewrite, translate or in any other way alter or
modify the Content or create any work derived from the Content, except to the minimum extent necessarily
incident to forming the look and feel of Distributor's Services. Further, Distributor acknowledges that DITV has
used its intellectual property to create Content products in the form of Quote888.com's Real-Time Financial News,
which encompasses the following categories: Proprietary News, Press Reports and Market Wrap. Categories.
Distributor is expressly prohibited from disaggregating and/or extracting the stories from the Content for separate
distribution or presentation.

 

		2.5	Corrections.  Upon receipt of notice from DITV of an error in Content provided Distributor or in

the provision of the Services by Distributor to End-Users, Distributor immediately shall (A) consult, if necessary,
with DITV regarding the appropriate correction or other remedy for such error, (B) implement as directed by DITV
such correction or other remedy, such as retracting a story or article or transmitting a correction, and (C) provide
DITV documentation evidencing such correction or other remedy.

		2.6	End-User Agreements.  Distributor shall obtain from each End-User, either in writing or via
acknowledgment of an electronic form (which acknowledgment can be provided by the End-User's use of
Distributor's Services), consent to the terms set forth in Exhibit B (or terms substantially equivalent thereto). 

		2.7	Use of Name.  Distributor shall name DITV as one of its content sources in all material (A)

provided End-Users about the Service or (B) that identify Distributor's content sources.  Distributor agrees, that at
least ten (10) business days prior to use, to submit to DITV for approval all promotional materials, including   press
releases and advertisements (whether using print, broadcast or on-line media) that are produced by Distributor and
describe the Content or identify DITV IPs.  Approval of use of such materials shall be deemed granted unless
written notice of disapproval is received within five (5) business days.

		2.8	Obligation to Block Content Not Licensed.  DITV shall transmit to Distributor only Content which
is licensed to Distributor by DITV.  Notwithstanding the foregoing, in the event that certain Content is distributed
to Distributor by DITV that has not been licensed by Distributor, Distributor shall use its best efforts to block and
not license, transfer, make available or otherwise distribute to End-Users or any other third parties nor use in any
manner whatsoever Content Distributor is not authorized to distribute as part of the Services.  

	Section 3.	Banner Advertising & Chinese Media Net Financial Content

		3.1	Home Page Buttons.  In lieu of monetary payment, Distributor shall, for the term of this
Agreement, provide button advertising for DITV, which shall consist of prominently positioned 120
x 60 pixel static button which is visible on the first screenful of a 600 pixel high resolution screen
on the www.chinesenewsnet.com home page and top positions on the North American News and
Financial News sections of www.chinesenewsnet.com.  There shall be a total of 3 static advertising
buttons in total.

	

		3.2	Chinese Media Net Content.  In lieu of monetary payment, Distributor shall, for the term of this
Agreement, provide ten (10) financial articles per day for DITV. DITV shall cause the Services to
display on each page that includes Content provided by Distributor (A) the Chinese Media Net logo
or a prominently visible text link showing the distributor's name with an operational link to
www.chinesenewsnet.com  (or other Distributor World Wide Web site).  

	Section 4.  	Terms and Termination

		4.1	Term.  The term of this Agreement starts on the date of the last signature to this Agreement and

shall remain in effect for one (1) year and shall automatically renew for successive one-year terms unless either
party elects not to renew by giving written notice to the other party at least sixty (60) days before the end of the
then current term.

		4.2	Suspension.  DITV, in its sole discretion, may immediately suspend delivery of Content to

Distributor if (A) the Distributor or its End-Users breach of this Agreement has caused DITV to breach its
agreement with an Information Provider, (B) Distributor fails to provide banner advertising to DITV in accordance
with this Agreement, or (C) Distributor fails to provide DITV the Usage Tracking Report as required in this
Agreement.  DITV shall resume delivery of Content only after Distributor has taken action satisfactory to DITV to
assure that no further breach of this Agreement shall occur.  Distributor, in its sole discretion, may immediately
suspend button advertising to DITV as provided in Section 3.1 if (X) DITV fails to perform services for five (5)
consecutive business days during which U.S. financial markets are open,  (Y) DITV fails to provide a minimum
total of fifteen (15) articles from the categories provided in Exhibit A for five (5) consecutive days, or (Z) DITV
fails to provide articles of reasonable quality (such quality to be judged in comparison to the overall Content
delivered to Distributor during the Term).    

		4.3	Termination for Breach.  If a party materially breaches this Agreement, the other party, after giving
the breaching party ten (10) days prior written notice, may terminate this Agreement if the breach remains uncured.
In addition, either party may terminate this Agreement if the other party makes a general assignment for the benefit
of its creditors, permits the appointment of a receiver for its business or assets, or takes steps to wind down its
business.

		4.4	Obligations upon Termination.  Upon termination of this Agreement, Distributor shall not distribute
or use the Content.  Distributor shall (A) within fifteen (15) days of termination, deliver to DITV all hardware
owned by DITV; if such hardware is not returned, Distributor shall pay DITV the replacement value thereof; (B)
within thirty (30) days of termination, Distributor shall erase and purge the Content from any accessible database
and/or storage material; and (C) immediately upon termination, return to DITV all materials proprietary to DITV
or containing DITV Confidential Information.

	Section 5.  	Confidential Information.  

	The Receiving Party shall not disclose or otherwise transfer Confidential Information of the Disclosing Party
to any third party, without first obtaining the Disclosing Party's consent, and shall take all reasonable precautions to
prevent inadvertent disclosure of such Confidential Information.  "Confidential Information" shall mean:  (A) the
terms and conditions of this Agreement, any information regarding the prices of either party, or any information
concerning the composition of the products of either party; (B) with respect to information provided on paper, by
facsimile or electronic mail, by any electronic means or by any other medium (collectively "in writing"), by
labeling such information as "CONFIDENTIAL INFORMATION" before the information is provided to the other
party (the "Receiving Party"); and  (C) with respect to information disclosed either verbally or in writing, by
notifying the Receiving Party, in writing within thirty (30) days of the disclosure, that the information identified in
such notice is designated Confidential Information effective as of the Receiving Party's receipt of such notice.
"Confidential Information" shall not include information that (A) is or shall become generally available without
fault of the Receiving Party, (B) is in the Receiving Party's possession prior to its disclosure by the Disclosing
Party, (C) is independently developed by the Receiving Party, or (D) is rightfully obtained by the Receiving Party
from third parties without similar restrictions.  This contract, and everything contained herein, is Confidential
Information.

	Section 

6.  	Further Rights Obligations and Limitations.

		6.1.  This Agreement does not transfer to Distributor or any of its End-Users ownership of the Content.

		6.2	No Warranty.  Distributor agrees that the Content and Service is provided by DITV "AS IS". DITV
DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF
MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, RELATING TO THIS
AGREEMENT, PERFORMANCE OR INABILITY TO PERFORM UNDER THIS AGREEMENT, THE
CONTENT, AND EACH PARTY'S COMPUTING AND DISTRIBUTION SYSTEM. 

		6.3.  Distributor shall indemnify DITV's and its Information Providers against any third party claims
and damages, including attorneys' fees and related expenses, arising out of Distributor's breach of this
Agreement. DITV shall indemnify Distributor against any third party claims and damages, including attorneys'
fees and related expenses, arising out of DITV's breach of this Agreement.

		6.4	Limitation.  In no event shall either party be liable to the other for any indirect, special,
exemplary or consequential damages, including lost profits, whether arising in contract or tort.  

		6.5	Assignment.  Distributor may assign this Agreement only with DITV's written consent,
which consent shall not be unreasonably withheld.  

		6.6	Beneficiaries.  The Information Providers may enforce this Agreement to the same extent
as DITV.   

		Section 7.  	General Terms

		7.1	Complete Agreement.  This is the complete and only agreement between the parties.  

		

		7.2	Applicable Law.  This Agreement and performance hereunder shall be governed by the laws of

the State of California  without giving effect to conflict of laws principles.  Any action or claim related to this
Agreement or performance hereunder shall be brought in the courts of the state in which the defendant is located,
and each party submits to the jurisdiction of such courts.  

		7.3	Notice.  Notices shall be delivered by hand or U.S. certified mail to the addresses set forth below.

	In Witness Whereof, the parties hereto have duly caused this Agreement to be executed as of the date
first above written.

										DIT VENTURES, INC., 												a Michigan corporation

					

										By:	___________________

											Kenneth Yeh 

											President 

										CHINESE MEDIA NET, INC.

										a New York corporation		

										By:	___________________

											Mingdi Yang

											VP of Marketing 

EXHIBIT A  Services, Charges, Payments

1.  	The Services:

DITV shall deliver the following Content via FTP to support the Service on the www.chinesenewsnet.com web site.
The Snapshot Charts will be delivered through a direct link from the World Wide Web.

 

TIME FINANCIAL NEWS

Quote888.com Proprietary News & Press Reports (20 articles in total)

Quote888.com Market Wrap

Quote888.com DJIA & Nasdaq Snapshot Charts

Installation Fees

	

		NOT APPLICABLE

	

Monthly Fees

		NOT APPLICABLE 

Exhibit B -- DITV End-User Agreement Provisions

	1.  Ownership.  End-User agrees that DIT Ventures, Inc. ("DITV") and its information providers retain all
proprietary right, title or interest, including copyright, in the stories, articles or other material, including but not
limited to text, images, and other multimedia data, that DITV provides as part of Distributor's Services (the
"Content").

	2.  Restrictions on Use.  End-User agrees that it will not copy nor license, sell, transfer, make available or
otherwise distribute the Content to any entity or person.  End-User shall use its best efforts to stop any such
copying or distribution immediately after such use becomes known.  

	3.  No Warranty.  The Content is provided "AS IS."  DITV AND ITS INFORMATION PROVIDERS
DISCLAIM ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO
THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE,
RELATING TO THIS AGREEMENT, THE CONTENT AND ALL PERFORMANCE HEREUNDER.  DITV
and its information providers make no warranties regarding the completeness, accuracy or availability of the
Content.

	4.  Limitation of Liability.  In no event shall DITV or its information providers be liable to End-User or any
other person or entity for any direct, indirect, special, exemplary or consequential damages, including lost profits,
arising under this Agreement or from performance thereunder based in contract, negligence, strict liability or
otherwise, whether or not they or it had any knowledge, actual or constructive, that such damages might be
incurred.

	5.  Indemnification.  End-User shall indemnify and hold harmless DITV and its information providers against
any claim, damages, loss, liability or expense, including attorneys fees, arising out of End-User's use of the Content
in any way contrary to this Agreement.

	6.  Beneficiaries of this Agreement.  The rights and limitations in this DITV End-User Agreement are for the
benefit of DITV and its information providers, each of which shall have the right to enforce its rights hereunder
directly and on its own behalf.

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