Document:

EXHIBIT
4(b) 9

    

    CONSULTING
AGREEMENT

    

    THIS
AGREEMENT is effective as of January 1,
2008. 

    

    BETWEEN

    

    ChineseWorldNet.com
Inc.

    P.O. Box
1350, the Huntlaw Bldg.,

    Fort
Street, George Town

    Grand
Cayman, Cayman Islands

    ("ChineseWorldNet.com")

    

    AND

    

    SILVER
LAKE INVESTMENT PARTNERS, LTD in B.V.I.

    ("Silver Lake")

    

    WHEREAS
ChineseWorldNet.com and Silver Lake are desirous of setting out the terms
and
conditions of their service relationship.

    

    NOW
THEREFORE THIS AGREEMENT WITNESSES that the parties agree as
follows:

    

    1.
Services

    

    Silver
Lake offers consulting services to ChineseWorldNet.com related to corporate
development, market development and technical support for the period from
January 1, 2008 to December 31, 2008.

    

    2.
Fees

    

    Silver
Lake charges ChineseWorldNet.com Inc. USD$2,000 per month for the consulting
services to be provided from January 1, 2008 to December 31, 2008.

    

    3.
Responsibilities of Silver Lake

    

    Silver
Lake's duties under this Agreement are as follows:

    

    Silver
Lake will use its best efforts to provide advice and support to
ChineseWorldNet.com related to market development, corporate issues and
technology building during the above said period.

    

    Silver
Lake will keep ChineseWorldNet.com informed as to any problems encountered and
as to any solutions found for those problems.

     

    Goldpac
will keep all the trade information and information obtained during
the course of consulting ChineseWorldNet.com intact,
confidential.

    

    4.
Responsibilities of ChineseWorldNet.com

    

    ChineseWorldNet.com's
duties under this Agreement are as follows:

    

    ChineseWorldNet.com
will provide all the necessary information for Silver Lake to perform its
consulting services and without hiding of any information.

    

    ChineseWorldNet.com
will pay for all the necessary expenses incurred during the course of Silver
Lake performing the consulting services.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    5.
Termination

    

    This
agreement may be terminated by either party with a reasonable notice in advance
and have a mutual consensus of both parties.

    

    6.
Amendment

    

    This
Agreement may be altered, modified or amend by writing, with mutual consensus
from both parties and sign by both parties.

    

    7.
Assignment

    

    Neither
party to this agreement may assign or delegate its duties under this agreement
without the prior written consent of the other.

    

    8. Entire
Agreement

    

    This
agreement, including all schedules (if any) hereto, constitutes the entire
agreement between the parties relating to this subject matter and supersedes all
prior or simultaneous representations, discussions, negotiations and agreements,
whether written or oral. This agreement may be amended or modified only with
written consent of the parties hereto. No oral waiver, amendment of modification
will be effective under any circumstances whatsoever.

    

    9.
Governing Law

    

    This
Agreement shall be governed by and construed in accordance with the laws of
Cayman Island.

    

    In
witness of this, the parties have executed this Agreement as of the date first
written above.

    

    By
CHINESEWORLDNET.COM INC.

    

    
      
        
          
            
              
                
                  	
                          Authorized Signature:

                        	 	
                          /s/
      Joe Tai

                        
	
                          Name: 
      Joe Tai

                        	 	 
      
	
                          Title: CEO & President

                        	 	 
      

                

              

            

          

        

      

    

     

    By SILVER
LAKE INVESTMENT PARTNERS, LIMITED

    

    
      
        
          
            
              	
                      Authorized Signature:

                    	 	
                      /s/
      Chi Kong Liu

                    
	
                      Name: Chi Kong LiuEXHIBIT
4(b) 10

    

    CONSULTING
AGREEMENT

    

    THIS
AGREEMENT is effective as of January 1,
2008. 

    

    BETWEEN

    

    ChineseWorldNet.com
Inc.

    P.O. Box
1350, the Huntlaw Bldg.,

    Fort
Street, George Town

    Grand
Cayman, Cayman Islands

    ("ChineseWorldNet.com")

    

    AND

    

    GOLDPAC
INVESTMENTS LTD

    #338 –
1199 W Pender St

    Vancouver,
BC

    V6E
2R1

    ("Goldpac")

    

    WHEREAS
ChineseWorldNet.com and Goldpac are desirous of setting out the terms and
conditions of their service relationship.

    

    NOW
THEREFORE THIS AGREEMENT WITNESSES that the parties agree as
follows:

    

    1.
Services

    

    Goldpac
offers consulting services to ChineseWorldNet.com related to corporate
development, market development and technical support for the period from
January 1, 2008 to December 31, 2008.

    

    2.
Fees

    

    Goldpac
charges ChineseWorldNet.com Inc. USD$5,000 per month for the consulting services
to be provided from January 1, 2008 to December 31, 2008.

    

    3.
Responsibilities of Goldpac

    

    Goldpac's
duties under this Agreement are as follows:

    

    
      	
              (i)

            	
              Goldpac
      will use its best efforts to provide advice and support to
      ChineseWorldNet.com related to market development, corporate issues,
      business models and technology building during the above said
      period.

            

    

    

    
      	
              (ii)

            	
              Goldpac
      will keep ChineseWorldNet.com informed as to any problems encountered and
      as to any solutions found for those
problems.

            

    

    

    
      	
              (iii)

            	
              Goldpac
      will keep all the trade information and information obtained during the
      course of consulting ChineseWorldNet.com intact,
    confidential.

            

    

     

    4.
Responsibilities of ChineseWorldNet.com

    

    ChineseWorldNet.com's
duties under this Agreement are as follows:

    

    
      	
              (i)

            	
              ChineseWorldNet.com
      will provide all the necessary information for Goldpac to perform its
      consulting services and without hiding of any
  information.

            

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              (ii)

            	
              ChineseWorldNet.com
      will pay for all the necessary expenses incurred during the course of
      Goldpac performing the consulting
services.

            

    

    

    5.
Termination

    

    This
agreement may be terminated by either party with a reasonable notice in advance
and have a mutual consensus of both parties.

    

    6.
Amendment

    

    This
Agreement may be altered, modified or amend by writing, with mutual consensus
from both parties and sign by both parties.

    

    7.
Assignment

    

    Neither
party to this agreement may assign or delegate its duties under this agreement
without the prior written consent of the other.

    

    8. Entire
Agreement

    

    This
agreement, including all schedules (if any) hereto, constitutes the entire
agreement between the parties relating to this subject matter and supersedes all
prior or simultaneous representations, discussions, negotiations and agreements,
whether written or oral. This agreement may be amended or modified only with
written consent of the parties hereto. No oral waiver, amendment of modification
will be effective under any circumstances whatsoever.

    

    9.
Governing Law

    

    This
Agreement shall be governed by and construed in accordance with the laws of
Cayman Island.

    

    In
witness of this, the parties have executed this Agreement as of the date first
written above.

    

    By
CHINESEWORLDNET.COM INC.

    

    
      
        
          	
                  Authorized Signature:

                	 	
                  /s/
      Joe Tai

                
	 
      	 	 
      
	
                  Name: Joe Tai

                	 	 
      
	
                  Title: CEO & President

                	 	 
      

        

      

    

     

    By
GOLDPAC INVESTMENTS LTD

    

    
      
        
          
            	
                    Authorized Signature:

                  	 	
                    /s/
      Chi Cheong Liu

                  
	 
      	 	 
      
	
                    Name: Cheong Chi Liu

                  	 	 
      
	
                    Title: PartnerExhibit
10(i)

    

    AGREEMENT

    TO
ESTABLISH

    [CWN China Co., Ltd],

    A
CHINESE-FOREIGN JOINT VENTURE LIMITED LIABILITY COMPANY

     

    This
Agreement to Establish [CWN China Co.,
Ltd. ], a
Chinese-Foreign Joint Venture Limited Liability Company, (“Agreement”) dated
this 1th day of February, 2008 is intended to summarize the terms, conditions,
representations and warranties to be included in documents related to the
formation of a joint venture as more fully described herein (the “Joint
Venture”) between ChineseWorldNet.com (HK) Ltd., a Hong Kong company (“Chinese
WorldNet”) and Shanghai Compass
Venture Capital Investment Limited Company, a domestic limited liability
company organized in the People’s Republic of China (“Compass”) (each a “Party”
and collectively the “Parties”).

    

    RECITALS

     

    WHEREAS,
ChineseWorldNet and Compass desire to engage in a joint venture for the
principal business purpose described in Section 3 below titled “Business Scope”
within the People’s Republic of China (“China”);

     

    WHEREAS,
the Parties intend to enter into a definitive joint venture agreement (“Definitive JV
Agreement”) for the establishment of a Chinese-foreign joint venture
limited liability company (the “Joint Venture”),
which agreement shall incorporate the following terms and conditions and such
other terms, conditions, representations and warranties as are usual and
customary in transactions of this type which terms and conditions shall be
subject to good faith negotiation;

     

    WHEREAS,
until such time as the Definitive JV Agreement is executed, the Parties agree
that this Agreement shall serve as a binding agreement between the Parties in
connection with the Joint Venture; and

     

    WHEREAS,
each of the Parties agrees to execute and/or deliver such further definitive
agreements and other instruments as may be reasonably required to carry out or
effectuate the purposes and intent of this Agreement.

     

    NOW,
THEREFORE, in consideration of the mutual covenants and agreements set forth
herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, ChineseWorldNet and Compass,
intending to be legally bound, agree as follows:

     

    
      	
              1)

            	
              FORMATION OF CHINESE
      JOINT VENTURE COMPANY

            

    

     

    
      
        	
              	
                a)

              	
                The
      Parties agree to form a Chinese-foreign joint venture limited liability
      company, tentatively to be known as CWN China Co., Ltd. (“[CHINESE JV]”). [CHINESE JV] which shall be organized in the
      People’s Republic of China (“China”). [CHINESE JV] shall be governed by a
      definitive joint venture agreement, and any other agreement or
      documentation to be entered into by the Parties after good faith
      negotiations and as required to effectuate the Parties’ intent as
      contemplated under this
Agreement.

              

      

    

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    
      
        	
              	
                b)

              	
                The
      Parties agree that until such time as the Definitive JV Agreement is fully
      executed, this Agreement shall serve as a binding agreement between the
      Parties in connection with the Joint Venture. Each of the Parties hereby
      agrees to execute and/or deliver such further definitive agreements and
      other instruments as may be reasonably required to carry out or effectuate
      the purposes and intent of this Agreement, including the execution of the
      Definitive JV Agreement.

              

      

    

     

    
      
        	
              	
                c)

              	
                Each
      Party will be an interest holder of [CHINESE
      JV] in its individual capacity. However, each Party is free to
      establish a wholly owned corporate entity to hold his respective shares of
      [CHINESE
      JV].

              

      

    

     

    
      
        	
              	
                d)

              	
                The
      formation of [CHINESE
      JV] shall be subject to the professional opinions of legal counsel
      and/or tax professionals satisfactory to the Parties that such Joint
      Venture was duly formed, organized or structured, validly existing and in
      good standing under the laws of China and has the requisite power and
      authority to own, lease and operate its assets and properties and to carry
      on its business as it is planned to be conducted by the Parties as
      described in Section 3 below.

              

      

    

     

    
      
        	
              	
                e)

              	
                The
      Definitive JV Agreement shall be entered into and signed by all Parties
      within four (4) weeks of the date on which this Agreement is fully
      executed by all Parties (the “Execution
Date”).

              

      

    

     

    
      
        	
              	
                f)

              	
                Compass
      shall use its best efforts to complete the official formation and
      organization of this Chinese-foreign joint venture limited liability
      company within six (6) weeks of the Execution Date. ChineseWorldNet shall
      assist Compass in completing the formation and organization of the
      Chinese-foreign joint venture limited liability company until it is fully
      formed and organized.

              

      

    

     

    
      	
              2)

            	
              CAPITALIZATION OF
      [CHINESE
      JV]

            

    

     

    
      
        	
              	
                a)

              	
                The
      initial capitalization of [CHINESE
      JV] shall be RMB5,000,000. The total investment in [CHINESE
      JV] shall be determined with the mutual consent of both
      Parties.

              

      

    

     

    
      	
            	
              b) 

            	
              The
      Parties shall contribute their initial capital as
  follows:

            

    

     

    
      
        	
              	
                i)

              	
                ChineseWorldNet
      shall contribute RMB3,500,000 to [CHINESE JV] as its initial capital
      contribution.

              

      

    

     

    
      
        	
              	
                ii)

              	
                Compass
      shall contribute RMB1,500,000 to [CHINESE JV] as its initial capital
      contribution.

              

      

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      
        	
              	
                iii)

              	
                Each
      Party’s “Equity Interest” shall mean such Party’s pro-rata share of the
      capital invested in [CHINESE
      JV]. As a result the above initial capital contributions, the
      Parties’ initial Equity Interest in [CHINESE
      JV] is as follows: ChineseWorldNet -seventy percent (70%) and
      Compass - thirty percent
(30%).

              

      

    

     

    
      	
              3)

            	
              BUSINESS
      SCOPE

            

    

     

    
      	
            	
              a)

            	
              The
      business of the [CHINESE
      JV] (the “Business Scope”) shall
include:

            

    

     

    
      
        	
              	
                i)

              	
                Reconstruction,
      management and further development of Compass’ Sales Agents program in
      China, including:

              

      

    

     

    
      	
            	
              (1)

            	
              the
      future training and development of the Sales Agents (as defined below);
      and

            

    

     

    
      
        	
              	
                (2)

              	
                overseeing
      and coordinating the regional marketing activities of the Sales Agents (as
      defined below).

              

      

    

     

    
      
        	
              	
                ii)

              	
                Coordination
      and operation of ChineseWorldNet’s Global Chinese Financial Forum – China
      Conference (“GCFF China
Conference”).

              

      

    

     

    
      
        	
              	
                iii)

              	
                Other
      business development-related projects and transactions in China,
      including, but not limited to the development of an investor
      relations/public relations business. All such projects and transactions
      shall be subject to review and unanimous approval of all Parties. All
      necessary agreements in connection with such projects and transactions
      shall be entered into at a later time to be determined by the
      Parties.

              

      

    

     

    
      
        	
              	
                b)

              	
                Sales
      Agents. During the first year of the joint venture (“First Stage”), [CHINESE
      JV] shall manage the 10 Compass sales agents whose names are set
      forth in Appendix A
      hereto (individually “Sales Agent” and collectively the “Sales
      Agents”).   The Definitive JV Agreement shall be executed
      based on a franchising model for the Sales Agents (the “Franchising
      Model”) which shall be mutually agreed upon by the Parties. The
      Franchising Model shall include a Sales Agent incentive program
      substantially in the form of the “Rewarding Scheme” attached hereto as
      Appendix
      B. After the First Stage and subject to unanimous approval by the
      Parties, [CHINESE
      JV] may add additional Sales
Agents.

              

      

    

     

    
      	
            	
              c)

            	
              Other
      Business Opportunities. No Party shall enter into any other venture having
      a scope similar to that encompassed by the Business Scope defined herein.
      Except as provided below, any business opportunity presented to or
      identified by a Party that is within the scope of the business
      contemplated herein shall be presented to [CHINESE
      JV] for consideration, and the [CHINESE
      JV] shall have thirty (30) days to determine whether it shall
      participate in such venture.

            

    

     

    
      	
            	
              d)

            	
              Geographic
      restrictions and exclusivity

            

    

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      
        	
              	
                i)

              	
                GCFF
      China Conference. The Parties agree that [CHINESE JV]
      shall only handle the coordination and operation of GCFF China
      Conference within China, and that [CHINESE
      JV] shall neither be responsible for nor shall receive revenues
      from GCFF’s operations outside of China. For purposes of this Agreement,
      China shall include Hong Kong, Taiwan and
Macao.

              

      

    

     

    
      
        	
              	
                ii)

              	
                Products
      Right. [CHINESE
      JV] shall have the right to use the products/services, marketing
      tools (including software) and distribution channels of Compass that
      currently exist or which shall be developed during the Term (as defined
      below) of this Agreement.

              

      

    

     

    
      	
              4)

            	
              JOINT VENTURE
      RESPONSIBILITIES

            

    

     

    
      
        	
              	
                a)

              	
                The
      roles and responsibilities of each Party in connection with the formation
      and management of the Joint Venture, shall be as
  follows:

              

      

    

     

    
      
        	
              	
                (i)

              	
                ChineseWorldNet’s
      Responsibilities. ChineseWorldNet’s responsibilities shall be as
      follows:

              

      

    

     

    
      
        	
              	
                (1)

              	
                ChineseWorldNet
      shall make full payment of its capital contribution according to Section
      2(b) of this Agreement.

              

      

    

     

    
      
        	
              	
                (2)

              	
                ChineseWorldNet
      shall assist Compass in the completing the formation and organization of
      the Chinese-foreign joint venture limited liability company, such as
      providing related documentation for the registration and licensing of the
      Joint Venture.

              

      

    

     

    
      
        	
              	
                (3)

              	
                ChineseWorldNet
      shall be responsible for creating an incentive program for the Sales
      Agents by providing a Rewarding Program substantially in the form attached
      hereto as Appendix “B” in return for the Sales Agents’ involvement in the
      Joint Venture.

              

      

    

     

    
      	
            	
              (ii)

            	
              Compass’
      Responsibilities. Compass’s role and responsibilities shall
      include:

            

    

     

    
      
        	
              	
                (1)

              	
                making
      full payment of its capital contribution according to Section 2(b) of this
      Agreement;

              

      

    

     

    
      
        	
              	
                (2)

              	
                applying
      for and ensuring the complete and proper registration and licensing of the
      Joint Venture with the appropriate Chinese governmental authorities and
      handling any additional related issues in connection with the proper
      formation, organization and licensing of
      [CHINESE JV] as a Chinese-foreign joint venture limited
      liability company;

              

      

    

     

    
      
        	
              	
                (3)

              	
                coordination
      and execution of the Franchising Model and ensuring the proper merger of
      Compass’ sales/marketing team into the Joint
  Venture;

              

      

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    
      	
            	
              (4)

            	
              operation
      and management of the Joint Venture’s “after sales” services, software
      development and maintenance programs;
and

            

    

     

    
      	
            	
              (5) 

            	
              arranging
      for Compass to enter into and sign an exclusive agency agreement with
      [CHINESE
      JV].

            

    

    

    
      	
              5)

            	
              [CHINESE
      JV] OPERATIONS

            

    

     

    
      	
            	
              a)

            	
              [CHINESE
      JV] shall operate through an annual business plan (the “Business
      Plan”), which shall include a pre-determined cost-control model applicable
      to the Sales Agents (the “JV Cost-control Model”). The initial Business
      Plan (“Initial Business Plan”) shall be unanimously approved by the
      Parties and the Board of Directors of [CHINESE
      JV] (the “Board”).

            

    

    

    
      	
            	
              b)

            	
              After
      the Initial Business Plan is unanimously approved by the Parties, the
      Joint Venture’s ongoing Business Plan shall be subject to review, revision
      and/or further approval by [CHINESE
      JV]’s Board either at the
      end of each fiscal year or as needed according to the discretion of the
      Board. The Business Plan shall include the
  following:

            

    

     

    
      
        	
              	
                i)

              	
                Annual
      Budget containing the JV Cost-control Model, including sufficient monthly
      detail as to projected revenue, expenses and capital
      requirements;

              

      

    

     

    
      	
            	
              ii)

            	
              Projected
      business opportunities the Parties will evaluate during the year;
      and

            

    

     

    
      
        	
              	
                iii)

              	
                Roles
      and responsibilities of each Party with respect to identification and
      evaluation of business
opportunities.

              

      

    

     

    
      	
              6)

            	
              [CHINESE
      JV] VOTING AND
      MANAGEMENT

            

    

     

    
      
        	
              	
                a)

              	
                Voting.
      Each Party shall have a voting interest in [CHINESE
      JV] equal to such Party’s Equity Interest. The members of the Board
      shall each have one voting right on all matters requiring a vote by the
      Board for approval.

              

      

    

     

    
      
        	
              	
                b)

              	
                Except
      as otherwise provided herein, all major decisions, including but not
      limited to all non-day-to-day operational decisions, of [CHINESE
      JV] shall require the unanimous approval by the members of the
      Board unless approval by the Parties, as equity owners of [CHINESE
      JV] (the “Shareholders”), for the corporate actions to be taken in
      connection with such decisions is required under Chinese Law (as defined
      below). For the avoidance of doubt, the following decisions/actions shall
      require unanimous approval by the Board unless shareholder approval is
      otherwise required under Chinese
Law:

              

      

    

     

    
      	
            	
              i)

            	
              approval
      of all revisions and additions to the [CHINESE
      JV]’s
      Initial Business Plan;

            

    

     

    
      	
            	
              ii)

            	
              approval
      of the Initial and Annual Budget;

            

    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    
      	
            	
              iii)

            	
              approval
      of the participation by [CHINESE
      JV] in a business opportunity in any
  manner;

            

    

     

    
      	
            	
              iv)

            	
              disposition
      of any investment by [CHINESE
      JV];

            

    

     

    
      
        	
              	
                v)

              	
                incurring
      indebtedness by [CHINESE
      JV] outside the confines of the Business Plan or Annual Budget or
      otherwise in excess of
RMB1,000,000;

              

      

    

     

    
      
        	
              	
                vi)

              	
                giving
      any guarantee or indemnity to secure the liabilities or obligations of a
      Party or any other person;
and

              

      

    

     

    
      	
            	
              vii)

            	
              appointment
      of Management (as defined below).

            

    

     

    
      	
            	
              viii)

            	
              the
      amendment of the Articles of
Association.

            

    

     

    
      	
            	
              ix)

            	
              the
      increase and/or decrease of the capitalization of [CHINESE
      JV].

            

    

     

    
      	
            	
              x) 

            	
              the
      suspension or dissolution of [CHINESE
      JV].

            

    

     

    
      	
            	
              xi)

            	
              the
      distribution of profit of [CHINESE
      JV].

            

    

     

    
      	
            	
              xii)

            	
              the
      change of the business scope of [CHINESE
      JV].

            

    

     

    
      	
            	
              xiii)

            	
              the
      merger or separation of [CHINESE
      JV].

            

    

     

    
      	
            	
              xiv) 

            	
              the
      disposal of assets of [CHINESE
      JV].

            

    

    
       

      
        	
              	
                c)

              	
                Management
      Structure, Executive Officers and Board of Directors. [CHINESE
      JV]’s Board shall consist of three
      individual members, of which ChineseWorldNet shall select two members, and
      Compass shall select one member. The initial management structure and
      executive officers of the [CHINESE
      JV]  (the “Management”) shall be determined by unanimous
      approval of the Board at a later date to be determined by the Board but
      not later than immediately prior to the execution of the Definitive JV
      Agreement.

              

      

    

     

    
      	
              7)

            	
              DISTRIBUTIONS OF SALES
      PROFITS

            

    

     

    
      
        	
              	
                a)

              	
                All
      of [CHINESE
      JV]’s sales profits shall
      be used primarily to fund the growth of [CHINESE
      JV] ’s business and for
      other business purposes as mutually agreed upon by the Parties and the
      Board.

              

      

    

     

    
      	
              8)

            	
              TERM OF AGREEMENTS AND
      TERMINATION

            

    

     

    
      
        	
              	
                a)

              	
                Term
      of Agreement. This Agreement shall commence on the date first above
      written and shall continue in existence until the full execution of the
      Definitive JV Agreement, or until Termination as set forth in Section
      (8)(b) herein.

              

      

    

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    
      
        	
              	
                b)

              	
                Termination
      of Agreement. This Agreement may only be terminated prior to the Parties’
      full execution of the Definitive JV Agreement (“Termination”) by mutual
      written consent of Compass and
ChineseWorldNet.

              

      

    

     

    
      
        	
              	
                c)

              	
                Effect
      of Termination. In the event this Agreement is terminated pursuant to
      Section (8)(b), except for the provisions of Sections (10)(c) and (10)(d),
      which shall survive the termination of this Agreement, Chinese WorldNet’s
      and Compass’s rights and obligations under this Agreement shall terminate;
      provided, however, that except as otherwise agreed by the parties, the
      termination of this Agreement shall not relieve any party from any
      liability for damages incurred as a result of a breach by such party of
      its representations, warranties, covenants agreements or other obligations
      hereunder occurring prior to such
termination.

              

      

    

    

    
      	
              9)

            	
              TRANSFERABILITY OF
      INTERESTS/ADMISSION OF NEW
MEMBERS

            

    

     

    
      
        	
              	
                a)

              	
                Transfer
      of Interest. No Party can transfer any portion of his Equity Interest in
      [CHINESE
      JV] without the prior written consent of the remaining
      non-transferring Party.

              

      

    

     

    
      	
            	
              b) 

            	
              Right
      of First Refusal.

            

    

     

    
      
        	
              	
                i)

              	
                If
      a Party (“Selling Party”) desires to transfer all or part of his Equity
      Interest in [CHINESE
      JV] in any manner, the Selling Party shall first provide to the
      other Party the proposal for the transfer and the terms and conditions on
      which the transfer is
proposed.

              

      

    

     

    
      
        	
              	
                ii)

              	
                The
      other Party shall each have thirty (30) days from the date when such Party
      receives the proposal from the Selling Party to decide whether such party
      wishes to acquire the interest proposed for transfer on the same terms and
      conditions as proposed by the Selling
Party.

              

      

    

     

    
      
        	
              	
                iii)

              	
                If
      the other Party does not wish to acquire the interest on the same terms
      and conditions provided by the Selling Party, such Party shall give the
      Selling Party a written notice or consent permitting the transfer of the
      interest in [CHINESE
      JV] by the Selling
Party.

              

      

    

     

    
      
        	
              	
                c)

              	
                Admission
      of New Members. A new joint venture member cannot be admitted to [CHINESE
      JV] without the prior written consent of all
    Parties.

              

      

    

     

    
      	
              10)

            	
              OTHER
      PROVISIONS

            

    

     

    
      
        	
              	
                a)

              	
                Governing
      Law. This Agreement shall be governed by the laws of the People’s Republic
      of China (“Chinese Law”), as if it were executed and fully performed in
      that jurisdiction.

              

      

    

     

    
      
        	
              	
                b)

              	
                Representations
      and Warranties. Each Party represents and warrants to the other that it is
      duly organized, validly existing and in good standing under the laws of
      its respective jurisdiction. Each Party further represents and warrants
      that it has the right to enter into this Agreement and to perform its
      obligations herein.

              

      

    

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    
      
        	
              	
                c)

              	
                Survival
      of Representations, Warranties and Covenants. The representations and
      warranties of ChineseWorldNet and Compass contained in this Agreement
      shall, notwithstanding any investigation or notice by or to any party
      prior to the Execution Date, survive the Execution Date. The covenants and
      agreements of the parties contained in this Agreement shall survive until
      fully performed or otherwise terminated in accordance with the terms of
      this Agreement.

              

      

    

     

    
      	
            	
              d)

            	
              Indemnification.

            

    

     

    
      
        	
              	
                i)

              	
                Compass
      agrees to shall indemnify and hold harmless ChineseWorldNet from and
      against any and all Loss and Litigation Expense (as defined below), which
      any of them may suffer or incur as a result of or arising from any of the
      following: (a) the failure of any representation or warranty by Compass in
      this Agreement to be true and correct in any material respect on the
      Execution Date, except to the extent that any such representation or
      warranty refers specifically to a date other than the Execution Date, in
      which case, failure of such representation or warranty to be true and
      correct in any material respects as of such date; and (b) the failure of
      Compass to perform in any material respect any of its covenants or
      agreements set forth in this
Agreement.

              

      

    

     

    
      
        	
              	
                ii)

              	
                ChineseWorldNet
      agrees to shall indemnify and hold harmless Compass from and against any
      and all Loss and Litigation Expense (as defined below), which any of them
      may suffer or incur as a result of or arising from any of the following:
      (a) the failure of any representation or warranty by ChineseWorldNet in
      this Agreement to be true and correct in any material respect on the
      Execution Date, except to the extent that any such representation or
      warranty refers specifically to a date other than the Execution Date, in
      which case, failure of such representation or warranty to be true and
      correct in any material respects as of such date; and (b) the failure of
      ChineseWorldNet to perform in any material respect any of its covenants or
      agreements set forth in this
Agreement.

              

      

    

     

    
      
        	
              	
                iii)

              	
                “Litigation
      Expense’ means any expense incurred in connection with investigating,
      defending or asserting any Claim indemnified against under this Agreement,
      including, without limitation, court filing fees, court costs, arbitration
      fees or costs, witness fees, and reasonable fees and disbursements of
      legal counsel (whether incurred in any action or proceeding between the
      parties to this Agreement or between any party to this Agreement and any
      third party), investigators, expert witnesses, accountants and other
      professionals. “Loss” means any loss, obligation, liability, settlement
      payment, award, judgment, fine, penalty, interest charge, expense, damage
      or deficiency or other charge, other than a Litigation
      Expense.

              

      

    

    
       

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

       

      
        	
              	
                e)

              	
                Costs.
      Each Party shall individually bear the costs they each incur prior to the
      formation of the Joint Venture. All costs incurred after the establishment
      of the Joint Venture shall be borne proportionally by the Parties
      according to their initial capital
  contributions.

              

      

    

     

    
      
        	
              	
                f)

              	
                Notices.
      All notices, demands, requests, consents, approvals or other
      communications required or permitted to be given hereunder or which are
      given with respect to this Agreement shall be in writing and shall be
      delivered (charges prepaid, receipt confirmed or return receipt requested
      (if available)) by hand, by nationally recognized air courier service, by
      certified mail or facsimile, addressed as set forth below or to such other
      address as such Party shall have specified most recently by written
      notice. Notices shall be deemed given and effective (i) if delivered by
      hand or by nationally recognized courier service, when delivered during
      regular business hours at the address specified in this Section (9)(f) (or
      in accordance with the latest unrevoked written direction from such
      Party), (ii) if by certified mail, four (4) business days after mailing or
      (iii) if given by facsimile when such facsimile is transmitted to the fax
      number specified in this Section (9)(f) (or in accordance with the latest
      unrevoked written direction from such Party), provided the appropriate
      confirmation is received.

              

      

    

     

    Notices to
ChineseWorld Net shall be addressed and
delivered to:

     

    ChineseWorldNet.com Inc. (HK)

    Attn: Mr.
Joe Tai

    #1101,
St. George’s Building

    2 Ice
House Street

    Central,
Hong Kong

    Tel:
(604) 488-8878

    Fax:
(604) 488-0868

     

    Notices to Compass shall be
addressed and delivered to:

     

    Shanghai
Compass Venture Capital Investment Co., Ltd.

    Suite
508, Insigma Plaza, Jinke Road, Pudong District

    Shanghai,
P.R. China 201203

    Attn:
David H. Liu

    Tel: ( 21
) 6847 1068

    Fax: ( 21
) 6847 1180

     

    
      
        	
              	
                g)

              	
                No
      Reliance. The Parties each acknowledge that, in entering into this
      Agreement, they have not relied upon any statements, representations,
      warranties, correspondence, negotiations, conditions, understandings,
      promises and agreements, oral or written, not specifically set forth in
      this Agreement. Each of the Parties represents that prior to executing
      this Agreement, each Party had an opportunity to fully review, analyze,
      and obtain legal counsel to obtain advise regarding the meaning and
      consequence of all of the
      terms
      and provisions of this
Agreement.

              

      

    

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    
      
        	
              	
                h)

              	
                Further
      Assurances. Each of the Parties agree on behalf of themselves to produce
      and execute such other documents or agreements as may be necessary or
      desirable for execution and implementation of this Agreement and the
      consummation of the transactions contemplated thereby, including but not
      limited to the Definitive JV
Agreement.

              

      

    

     

    
      
        	
              	
                i)

              	
                Severability
      and Waiver. If any provision of this Agreement is held by a court of
      competent jurisdiction to be invalid or unenforceable, such determination
      shall not affect any other provisions of this Agreement, which shall
      remain in full force and effect and shall in no way be impaired. No
      provision of this Agreement shall be waived unless set forth in writing
      and signed by the party effecting such waiver. No waiver of the breach of
      any of the terms or provisions of this Agreement shall be a waiver of any
      preceding or succeeding breach of this Agreement or any other provisions
      thereof. No waiver of any default, express or implied, made by any party
      hereto shall be binding upon the party making such waiver in the event of
      a subsequent default.

              

      

    

     

    
      	
            	
              j) 

            	
              Successors
      and Assigns. Subject to the exceptions specifically set forth in this
      Agreement, the terms and conditions of this Agreement shall inure to the
      benefit of and be binding upon the respective executors, administrators,
      heirs, successors and assigns of the Parties. This Agreement shall not be
      assignable by either of the Parties without the written consent of the
      other non-assigning Party.

            

    

     

    
      
        	
              	
                k)

              	
                Titles
      and Subtitles. The titles and subtitles of the Sections of this Agreement
      are used for convenience only and shall not be considered in construing or
      interpreting this agreement

              

      

    

     

    
      	
            	
              1) 

            	
              Counterparts
      and Facsimile. This Agreement may be executed in one or more counterparts
      and transmitted by facsimile copy, each one of which shall constitute an
      original and all of which shall constitute one and the same
      document.

            

    

     

    [Remainder
of this page left blank intentionally. Signatures on following
page.]

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

    IN
WITNESS WHEREOF, this Agreement to Establish [NAME OF CHINESE JOINT VENTURE], a Chinese-Foreign Joint Venture
Limited Liability Company, has been executed by and between the Parties
effective as of the date first written above.

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  CHINESEWORLDNET.COM
      INC.

                                
	 
      	 
      
	
                                  By:

                                	
                                  /s/
      Joe Tai  

                                
	 
      	
                                  Joe
      Tai,

                                
	 
      	
                                  Chief
      Executive Officer

                                
	 
      	 
      
	 	 
	
                                  Shanghai
      Compass Venture Capital Co., Ltd.

                                
	 
      	 
      
	
                                  By:

                                	      
                                  /s/
      Zhijie Wang

                                
	 
      	
                                  Zhijie
      Wang

                                
	 
      	
                                  Chairman

                                

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    
      
         

      

      
        11

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