Document:

Exhibit 10.13

 

Exclusive Business Cooperation Agreement

 

This Exclusive Business
Cooperation Agreement (this
“Agreement”) is made and entered into by and between the following
Parties on the  23rd day of September, 2005 in Beijing, China.

 

Party
A:                          ChinaCache Network Technology (Beijing) Co., Ltd.

Address:                          Unit at 2/F of New Integration Building, No.8 A Liang Qiu Garden, Ta
Yuan, Haidian District, Beijing

 

Party B:                          Beijing Blue I. T.
Technologies Co., Ltd.

Address:                          No. 8 A, Lang Qiu Garden, Ta Yuan, Hai Dian District, Beijing

 

Each of Party A and Party B shall be hereinafter referred to as a
“Party”  respectively, and as the “Parties” collectively.

 

Whereas,

 

1.                   Party A is a wholly foreign owned enterprise established in the People’s
Republic of China (“China”), and has the necessary
resources to provide technical services
and business consulting services;

 

2.                   Party B is a company with
exclusively domestic capital registered in  China and may
engage in Internet content delivery network business as approved by the relevant governmental
authorities in China;

 

3.                   Party A is willing to provide Party B with exclusive technical, consulting and other services in relation to Internet content delivery network  during the term of this Agreement utilizing its own advantages in human
resources, technology and information, and Party B
is willing to accept such services
provided by Party A or Party A’s
designee(s), each on the terms set forth herein.

 

Now, therefore, through mutual discussion, Party A and Party B have reached the following  agreements:

 

1.                                       Services Provided by Party A

 

1.1                                 Party B hereby appoints Party A as Party B’s exclusive
services provider to provide Party B with
complete business support and technical and consulting
services during the term of this Agreement, in accordance with the terms and
conditions of this Agreement, which may
include all services within the business scope of Party B as may be determined
from time to time by Party A, such as but not limited to technical services, business consultations, intellectual property licenses,  equipment or property leasing, marketing consultancy, system
integration, product research and development, and system maintenance.

 

 

1.2                                 Party B agrees
to accept all the consultations and
services  provided by Party A. Party B further agrees that unless with
Party A’s prior written consent,
during the term of this Agreement, Party B shall not accept any consultations and/or services
provided by any third party and shall not
cooperate with any third party regarding the matters contemplated by this Agreement.
Party A may appoint other parties, who may enter into certain agreements
described in Section 1.3 with Party B, to provide Party B with the consultations
and/or services under this Agreement.

 

1.3                                 Service Providing Methodology

 

1.3.1                      Party A and Party B agree that during the term of this Agreement, both
Parties, directly or through their respective affiliates, may enter into
further exclusive technical support and service agreement (in the form as
attached in Appendix I hereto) or exclusive technical consultation and training
agreement (in the form as attached in Appendix II hereto), which shall provide
the specific contents, manner, personnel, and fees for the specific technical
services and consulting services.

 

1.3.2                      To fulfill this Agreement, Party A and Party B agree that during the
term of this Agreement, both Parties, directly or through their respective
affiliates, may enter into intellectual property (including but not limited to
software, trademark, patent and know-how) license agreements, which shall
permit Party B to use Party A’s relevant intellectual property rights, at any
time and from time to time based on the needs of the business of Party B.

 

2.                                     The Calculation and Payment of the Service Fees

 

The
Parties agree that the service fees under this Agreement shall be  determined and paid based on the methods set forth in the separate agreements to be entered between Party A and Party B
described in Section 1.3.

 

3.                                       Intellectual Property Rights and Confidentiality
Clauses

 

3.1                                 Party A shall
have exclusive and proprietary rights
and interests in all rights, ownership, interests and intellectual
properties arising out of or created during
the performance of this Agreement, including but not limited to
copyrights, patents, patent applications,
trademarks, software, technical secrets, trade secrets and others,
regardless of whether they have been developed by Party A or Party B.

 

3.2                                 The Parties acknowledge that any oral or written information exchanged among
them with respect to this Agreement is confidential  information.
Each Party shall maintain the confidentiality of all such information, and
without obtaining the written consent of the
other Party, it shall not
disclose any relevant information to any third parties, 

 

 

except
in the following circumstances: (a) such information is or will be in the
public domain (provided that this is not the result of a public disclosure by
the receiving Party); (b) information
disclosed as required by applicable laws or rules or regulations of any stock exchange; or (c) information required to be
disclosed by any Party to its legal counsel or financial advisor regarding the
transaction contemplated hereunder, and such legal counsel or financial advisor
are also bound by confidentiality duties similar to the duties in this Section. Disclosure of any confidential information by the staff members
or agencies hired by any Party shall be
deemed disclosure of such confidential information by such Party, which Party
shall be held liable for breach of this Agreement. This Section shall survive
the termination of this Agreement for any reason.

 

3.3                                 The Parties
agree that this Section shall survive changes to, and rescission or termination of, this Agreement.

 

4.                                       Representations and Warranties

 

4.1                                 Party A hereby
represents and warrants as follows:

 

4.1.1                      Party A is a company legally registered and validly existing in
accordance with the laws of China.

 

4.1.2                      Party A’s
execution and performance of this Agreement is within its corporate capacity and the scope of its business
operations; Party A has taken necessary corporate actions and been given appropriate authorization and has obtained the
consent and approval from third parties and government agencies, and will not
violate any restrictions in law or otherwise binding or having an impact on
Party A.

 

4.1.3                      This Agreement
constitutes Party A’s legal, valid and
binding obligations, enforceable in accordance with its terms.

 

4.2                                 Party B hereby
represents and warrants as follows:

 

4.2.1                      Party B is a
company legally registered and validly existing in accordance with the laws of China and may engage
in  Internet content delivery network business as approved by the relevant governmental authorities of China;

 

4.2.2                      Party B’s
execution and performance of this Agreement is within its corporate capacity and the scope of its business
operations; Party B has taken necessary corporate actions and given appropriate
authorization and has obtained the consent and approval from third parties and
government agencies, and will not violate any restrictions in law or otherwise
binding or having an impact on Party B.

 

 

4.2.3                      This Agreement
constitutes Party B’s legal, valid and
binding obligations, and shall be enforceable against it.

 

5.                                       Effectiveness and Term

 

5.1                                 This Agreement
is executed on the date first above written and shall take effect as of such date. Unless earlier terminated in accordance with the provisions of
this Agreement or relevant agreements separately executed between the Parties,
the term of this Agreement shall be ten years. After the execution of this Agreement, both Parties shall review this
Agreement every three months to determine whether to amend or supplement the
provisions in this Agreement based on the actual circumstances at that time.

 

5.2                                 The term of
this Agreement may be extended if confirmed in  writing by
Party A prior to the expiration thereof. The extended term  shall be determined by
Party A, and Party B shall accept such extended term unconditionally.

 

6.                                       Termination

 

6.1                                 Unless renewed
in accordance with the relevant terms of this Agreement, this Agreement shall
be terminated upon the date of expiration hereof.

 

6.2                                 During the term
of this Agreement, unless Party A commits gross negligence, or a fraudulent act, against Party B, Party B shall not terminate this Agreement prior to its expiration
date. Nevertheless, Party A shall have the right to terminate this Agreement
upon giving 30  days’ prior written notice to Party
B at any time.

 

6.3                                 The rights and
obligations of the Parties under Articles 3, 7 and 8 shall survive the
termination of this Agreement.

 

7.                                       Governing Law
and Resolution of Disputes

 

7.1                                 The execution, effectiveness, construction, performance, amendment and
termination of this Agreement and the resolution of disputes hereunder shall be
governed by the laws of China.

 

7.2                                 In the event of any dispute with respect to the construction and
performance of the provisions of this Agreement, the Parties shall negotiate in
good faith to resolve the dispute. In the event the Parties
fail to reach an agreement on the resolution of such a dispute within 30 days
after any Party’s request for resolution of the dispute through negotiations,
any Party may submit the relevant dispute to the China International Economic
and Trade Arbitration Commission for arbitration, in accordance with its then-effective
arbitration rules. The arbitration shall be conducted in Beijing, and the language used during 

 

 

arbitration
shall be Chinese. The arbitration ruling shall be final and binding on both
Parties.

 

7.3                                 Upon the
occurrence of any disputes arising from the construction and  performance of this Agreement or during the pending arbitration of  any dispute,
except for the matters under dispute, the Parties to this  Agreement shall continue to exercise their respective rights under this  Agreement and perform their respective obligations under this  Agreement.

 

8.                                       Indemnification

 

Party B shall
indemnify and hold harmless Party A from any losses, injuries, obligations or expenses
caused by any lawsuit, claims or other demands against Party A arising from or
caused by the consultations and services provided by Party A at the request of
Party B, except where such losses, injuries,
obligations or expenses arise from the gross negligence or willful misconduct of
Party A.

 

9.                                       Notices

 

9.1                                 All notices and other communications required or permitted to be given
pursuant to this Agreement shall be delivered personally or sent by registered
mail, postage prepaid, by a commercial courier service or by facsimile transmission
to the address of such Party set forth below. 
A confirmation copy of each notice shall also be sent by email.  The dates on which notices shall be deemed to
have been effectively given shall be determined as follows:

 

9.1.1                      Notices given by personal delivery, by courier service or by registered
mail, postage prepaid, shall be deemed effectively given on the date of
delivery or refusal at the address specified for notices.

 

9.1.2                      Notices given by
facsimile transmission shall be deemed effectively given on the date of
successful transmission (as evidenced by an automatically generated
confirmation of transmission).

 

9.2                                 For the purpose
of notices, the addresses of the Parties are as follows:

 

Party A:  ChinaCache Network Technology
(Beijing) Co., Ltd.

Address:  unit
at 2/F of New Integration Building, No.8 A Liang Qiu Garden, Ta Yuan, Haidian
District, Beijing

Attn: General Manager

Phone:  6437
3399

Facsimile: 6437 5315

 

 

Party
B:    Beijing Blue I.
T. Technologies Co., Ltd.

	
  Address:

  	
   

  	
  No. 8
  A, Lang Qiu Garden, Ta Yuan, Hai Dian District, Beijing

  
	
  Attn:

  	
   

  	
  General
  Manager

  
	
  Phone:

  	
   

  	
  6437
  3399

  
	
  Facsimile:

  	
   

  	
  6437
  5315

  

 

9.3                                 Any Party may at any time change its address for notices by a notice
delivered to the other Party in
accordance with the terms hereof.

 

10.                                 Assignment

 

10.1                           Without Party A’s
prior written consent, Party B shall not assign its rights and obligations
under this Agreement to any third party.

 

10.2                           Party B agrees that Party A may assign its
obligations and rights under this Agreement to any third party upon a prior written notice to Party B but without the
consent of Party B.

 

11.                                 Severability

 

In the event that one or
several of the provisions of this Agreement are found to be invalid, illegal or
unenforceable in any aspect in accordance with any laws or regulations, the
validity, legality or enforceability of the remaining provisions of this
Agreement shall not be affected or compromised in any aspect. The Parties shall
strive in good faith to replace such invalid, illegal or unenforceable provisions
with effective provisions that accomplish to the greatest extent permitted by
law and the intentions of the Parties, and the economic effect of such
effective provisions shall be as close as possible to the economic effect of
those invalid, illegal or unenforceable provisions.

 

12.                                 Amendments and Supplements

 

Any amendments and supplements to this Agreement
shall be in writing. The amendment agreements and supplementary agreements that
have been signed by the Parties and that relate to this Agreement shall be an
integral part of this Agreement and shall have the same legal validity as this
Agreement.

 

13.                                 Language and Counterparts

 

This Agreement is written in both Chinese and English
language in two copies, each Party having one copy with equal legal validity;
in case there is any conflict between the Chinese version and the English
version, the Chinese  version
shall prevail.

 

 

IN WITNESS WHEREOF, the Parties have caused their
authorized representatives to execute this Agreement as of the date first above
written.

 

 

	
  Party A:

  	
  ChinaCache
  Network Technology
  (Beijing) Co., Ltd.

  
	
   

  	
   

  
	
  Authorized representative:

  	
  /s/ Song Wang

  	
   

  
	
  Name:

  	
  Song Wang

  
	
  Title:

  	
  Legal Representative

  
	
   

  	
   

  
	
   

  	
   

  
	
  Party B:

  	
  Beijing Blue I. T. Technologies Co., Ltd.

  
	
   

  	
   

  
	
  Authorized representative:

  	
  /s/ Xiaohong Kou

  	
   

  
	
  Name:

  	
  Xiaohong
  Kou

  
	
  Title:

  	
  Legal RepresentativeExhibit 10.14

 

Exclusive Technical Consultation
and Training Agreement

 

This Exclusive Technical Consultation and Training
Agreement (the “Agreement”) is executed by the following parties on September 23,
2005 in Beijing:

 

Party
A: ChinaCache Network Technology (Beijing) Co., Ltd.

 

Party B:              Beijing Blue I. T. Technologies Co., Ltd.

 

Whereas: Party A is a duly registered and
established wholly foreign owned enterprise, and has strong technical
development and training strength and experience;

 

Whereas: Party B needs professional technology
company to provide technical support and services to it during its operation.

 

Whereas: Party B intends Party A to provide such
technical training services, and Party A is willing to provide such training
services;

 

Therefore, through friendly negotiation and based
on the principles of equality and reciprocity, both parties agree to the
following provisions:

 

Article I 
Services

 

1.1                                          Both parties agree that Party B shall appoint Party A to provide the
following consultation and training services to it in accordance with the terms
set forth in this Agreement:

 

(1)                      to provide training services to Party B’s business activities, for the
purpose to improve Party B’s technical level for product development, reduce
business costs, and enhance Party B’s overall competitiveness;

 

(2)                      to evaluate Party B’s current product development and research system,
process and operating results, to make analysis and comments and 

 

1

 

summarize experience, and to provide improvement
plan;

 

(3)                      to conduct tutoring according to the evaluation process and results, to
provide technical training to Party B’s employees and improve their
professional skills;

 

(4)                      other consultation and training services relevant to this Agreement.

 

1.2                                Party B agrees that the working style of Party A to provide the
consultation and training services shall be: Party B introduces the categories
and technical indicators of its business products and provides relevant written
materials; Party A then draft research report based on the information
introduced by Party B and provide training plans to determine the planned
details of the training services, including appointment of personnel,
determination of number of people, period of dispatch, training period and
contents etc., and provide training services to Party B in accordance with the
resolutions.  Notwithstanding the above,
the parties may negotiate for specific service methods and contents based on
specific situations.

 

1.3                                Party B undertakes not to, without Party A’s prior written consent,
accept any technical consultation and training services from any third parties.

 

Article II  
Service Term

 

2.1                                 The service term under this Agreement is five years, which runs from the
effective date of the Agreement.

 

2.2                                 Party B undertakes that, from the effective date of this Agreement,
unless otherwise agreed by both parties, the service term under this Agreement
shall be not be shortened or early terminated for any reasons.

 

2.3                                 The parties agree to grant Party A an option to extend the term of this
Agreement.  Before expiration of this
Agreement, Party A is entitled to extend the term of this Agreement for five
years by written notification.

 

2

 

Article III  
Service Fees

 

3.1                                 The parties agree that the Party B shall pay services fees to Party A in
accordance with the Appendix to this Agreement for the consultation and
training services provided by Party A. 
The Appendix may be amended by both parties according to their
negotiation and the implementation of the Agreement.

 

Article IV   
Party A’s Obligations

 

4.1                                 Party A shall make its best endeavor to appoint highly qualified
professional personnel for Party B, and to establish high-level consultation
team to provide the consultation and training services under this Agreement.

 

4.2                                 Party A shall make comprehensive consultation and training plans, to
enter into Party B’s premises and conduct consultation activities in accordance
with the plans and complete the consultation within schedule, and shall submit
relevant documents (written or electronic) to Party B.

 

4.3                                 Party A shall maintain close communication with Party B, and report
promptly to Party B about the progress of the project, and make sufficient
communication with Party B about preliminary plans or interim achievements.

 

4.4                                 Party A shall keep in strict confidentiality all information (the “Information”)
provided by Party B or relevant to Party B’s business and operation.

 

Article V 
 Party B’s Obligations

 

5.1                                 Party B shall, upon Party A’s request, provide relevant information and
documents to Party A; Party B shall appoint specialized personnel to contact
and coordinate with Party A, and actively assist Party A to make on-site research
and material collection; with respect to Party A’s working effect, Party B
shall make evaluation at appropriate time and make prompt feedbacks.

 

3

 

5.2                                 If necessary, Party B shall provide necessary working facilities and
conditions for Party A’s professional personnel, and bear relevant expenses and
costs incurred by such personnel during the period when they provide training
services to Party B.

 

5.3                                 Party B shall make payment of service fees to Party A in time.

 

5.4                                 Party B shall provide necessary assistance to Party A upon Party A’s
specific request.

 

Article VI  
Representations and Warranties

 

6.1                                 For the purpose of this Agreement and the interests of Party B, Party A
hereby makes the following representations and warranties:

 

(1)                             Party A is a legal person duly established and validly existing under
the PRC laws, and has the capability to assume civil liabilities to third
parties.

 

(2)                             The person signing this Agreement on behalf of Party A has been duly authorized
by Party A.  Party A shall not claim
against Party B under any circumstances for reasons of lack of authorization,
ultra vires or other defects with respect to authorization.

 

6.2                                 For the purpose of this Agreement and the interests of Party A, Party B
hereby makes the following representations and warranties:

 

(1)                             Party B undertakes that it is a legal person duly established and
validly existing under the PRC laws, and has the capability to assume civil
liabilities to third parties to the extent of its registered capital.

 

(2)                             Party B undertakes not to, within the term of this Agreement, enter into
any agreements that are identical or similar to this Agreement with any third
parties, or accept all or part of training services that are identical or
similar to those under Article I of this Agreement from any third parties;

 

(3)                             The person signing this Agreement on behalf of Party B has obtained irrevocable,
valid and complete authorization from Party B. 
Party B shall not claim against Party A under any circumstances for
reasons of lack of 

 

4

 

authorization, ultra vires or other defects with
respect to authorization.

 

6.3                                 Any party who violates the above representations and warranties, and
causes the invalidity of this Agreement or any other effect on this Agreement,
or causes any other losses to the other party, shall compensate any losses to
the other party resulting therefrom.

 

Article VII  
Intellectual Property and Confidentiality

 

7.1                                 Party A has sole and exclusive rights to and interests in any rights,
ownership, interests and all intellectual property including but not limited
copyrights, patents, technology secrets, commercial secrets and others, that
arising from the performance of this Agreement, whether developed by Party B or
Party A.

 

7.2                                 Party B shall make reasonable efforts to ensure that all or any part of
Party A’s information which are specified as “confidential” or which are known
by Party B as confidential are kept in confidentiality (the “Confidential
Information”).  Without Party A’s written
consent, Party B shall not disclose, give or transfer such Confidential
Information to any third parties. Upon the termination of this Agreement, Party
B shall return or destroy any documents, materials or software that contain
Confidential Information, and delete any Confidential Information from any
memory device, and refrain from using such Confidential Information any longer.

 

The parties agree that this article survives the
modification, termination or expiration of this Agreement.

 

Article VIII  
Breach Liabilities

 

8.1                                 If any party violates the provisions of this Agreement, such breaching
party shall compensate all losses incurred by the non-breaching party.

 

8.2                                 Any waiver of the breaching party’s breach may only be made in writing
to be 

 

5

 

effective.  The
non-exercise or delay in exercise by any party of any rights or remedies under
this Agreement does not constitute waiver of such party; any partial exercise
of rights or remedies by any party shall not prejudice such party’s exercise of
other rights or remedies.

 

8.3                                 The effectiveness of this article shall not be affected by the
expiration or termination of this Agreement.

 

Article IX  
Termination of the Agreement

 

9.1                                 If any party engages in any material breach, and fails to correct such
breach within 30 days after receiving the notice of the non-breaching part
regarding the occurrence and existence of the breach, the non-breaching party
may terminate this Agreement by notice to the other party.  Within the term of this Agreement, Party A
may, at any time, terminate this Agreement by 30-day’s written notice.

 

9.2                                 If this Agreement is terminated due to reasons attributable to Party B,
Party A is entitled to compensations for all losses caused by such termination,
and services fees for all services that have been rendered.

 

9.3                                 The termination of this Agreement does not prejudice the other party’s
right to seek for compensations.

 

Article X  
Force Majeure

 

10.1                           If any party to this Agreement cannot continue to perform all or part of
its obligations under this agreement due to events or actions that cannot be
foreseen and be avoided, either party or both parties may be released from
performing the duties they cannot perform due to such force majeure within the
period that such inability to perform continues, however, the affected party
shall use its best efforts to reduce the losses as soon as possible.  Any party who seek to be released from performing
its obligations under this Agreement for reasons of force majeure shall 

 

6

 

notify the other party about the force majeure
event and the steps to be taken to fulfill the performance.

 

Article XI  
Notices and Service

 

11.1                           Any notices, consents, agreements or other communication given in
accordance with or relating to this Agreement shall be in writing.

 

11.2                           Unless otherwise provided in this Agreement, notices or communication
given in person shall be deemed to be served upon delivery.  Notices or communication given by ordinary
mail with postage prepaid shall be deemed to be served forty-eight (48) hours
after being dispatched.  Notices or
communication given by telegraphic address or fax shall be deemed to be served
upon being sent.  Notices or
communication given by telegram shall be deemed to be served twenty-four (24)
hours after being sent.

 

Article XII  
Dispute Resolution

 

12.1                           If there are any disputes or controversies in the performance of this
Agreement, the parties shall first resolve them through friendly negotiation,
and if negotiation fails, such disputes shall be submit to the China
International Economic and Trade Arbitration Commission for arbitration in
accordance with the then current arbitration rules of such commission, the
arbitration shall be held in Beijing.  The
arbitration awards are final and binding on both parties.

 

12.2                           The disputes referred to in this article mean disputes between the
parties regarding the formation of the Agreement, time of formation,
interpretation of the contents of the Agreement, performance of the Agreement,
breach liabilities, and modification, assignment, termination or expiration of
the Agreement.

 

7

 

Article XIII   Effectiveness of the Agreement and
Miscellaneous Provisions

 

13.1                           Other matters of this Agreement may be agreed and supplemented by
representatives of both parties.  Any
amendment or supplementary agreements shall be made in writing.

 

13.2                           Intellectual property resulting from the consultation and training
provided by professional personnel of Party A to Party B shall belong to Party
A.

 

13.3                           Unless otherwise provided, the “days” in this Agreement mean calendar
days, and “business days” mean such days on which commercial banks of the PRC
normally operate business.

 

13.4                           Provisions regarding intellectual property, confidentiality, dispute
resolution and breach liabilities in this Agreement survive the termination or
suspension of this Agreement.

 

13.5                           Within the term of this Agreement, unless Party A commits any gross
negligence or fraud to Party B, Party B may not early terminate this
Agreement.  Notwithstanding the above,
Party A may terminate this Agreement at any time by 30-days’ written notice.

 

13.6                           The invalidity of any provisions of this Agreement shall not affect the
validity of other provisions of this Agreement.

 

13.7                           This Agreement is executed in two copies, each party holding one copy,
and becomes effective upon being signed by both parties.

 

(The body of the
Agreement ends here.)

 

8

 

	
  (Signature page)

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Party A:          ChinaCache Network Technology (Beijing) Co., Ltd.

  
	
  Signature by
  authorized representative:

  	
  /s/ Wang Song

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Party B:          
  Beijing Blue I. T. Technologies Co., Ltd.

  
	
  Signature by
  authorized representative:

  	
  /s/ Xiaohong Kou

  	
   

  
				

 

9

 

Appendix

 

1.               Both parties agree that Party B shall pay services fees to Party A for the
consultation and training services provided by Party A in accordance with this
Agreement according to the following provisions:

 

(1)         Basic Annual Fees

 

Party B shall pay to Party A RMB[   ] annually as the basic annual fees for the
training services provided by Party A in the year under this Agreement, which
shall be made by four equal installments and be paid by quarter.  Party B shall, within fifteen (15) business
days after the beginning of each quarter, pay RMB[   ] to a bank account designated by Party A.

 

(2)         Floating Fees

 

Besides the basic annual fees provided in the above
paragraph (a), Party B shall pay to Party A floating fees based on the specific
situation of the provision of service in each year, and the amount of such
floating fees payable in each quarter shall be determined by both parties
considering the following elements:

 

(i)                                     Numbers and qualifications of professional personnel of Party A used to
provide consultation and training services to Party B in the quarter;

 

(ii)                                  Time spent by Party A’s professional personnel to provide consulting and
training services in the quarter;

 

(iii)                               Detailed contents and values of the consulting and training services 

 

10

 

provided by Party A in the quarter;

 

(iv)                              Party B’s business turnover.

 

2.               Within 15 days after the end of each quarter, Party B shall provide
Party A with all necessary financial materials for calculation of such quarter’s
floating fees, and to pay Party A such floating fees within 30 days after the
end of such quarter.  If Party A
questions the financial materials provided by Party B, it may delegate a
reputable independent account to conduct an audit to relevant materials.  Such audit shall be conducted during normal
business hours, and shall not affect Party B’s normal business.  Under such conditions, Party B shall provide
cooperation.

 

3.               If Party A deems that the agreed amount of service fees cannot
accommodate to changes of objective situations and needs adjustment, Party B
shall, within seven business days after Party A gives a written request for
adjustment of fees, negotiate with Party A actively and in good faith to
determine the new fees schedule or system.

 

11

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