Document:

Exhibit 10.5

  

 

Lease Agreement

 

 

 

 

 

 

Beijing Zhongshidongsheng
Culture Media Co., Ltd.

 

 

 

Harbin Zhong He Li Da Education Technology,
Inc.

 

 

 

 

8 Gaojing Culture Park Road,
Chaoyang District, Beijing

 

 

  

 

 

April, 2014

 

    	 

    	 

    

 

The Contract was signed by the two parties in Beijing on April
11, 2014.

 

 

Parties to the Contract:

 

 

Lessor (hereinafter referred to as Party A): Beijing
Zhongshidongsheng Culture Media Co., Ltd.

 

 

Tenant ((hereinafter referred to as Party B): Harbin Zhong He
Li Da Education Technology, Inc.

 

 

Having reached unanimity through friendly consultant and negotiation,
Party A and Party B, hereby agree to enter into the Lease Agreement to be abided by both party.

 

 

		1.	Property Basic Information

 

		1.1	Property location: 8 Gaojing
Culture Park Road, Chaoyang District, Beijing, area of premises is 1,325 square meters;

 

		1.2	Property is currently basic decorate.

 

		2.	Lease Term 

 

	 	2.1	The lease term shall be from April 11, 2014 to April 10, 2019, as 5 years in total.

 

	 	2.2	
        Agreed housing delivery date is April 11, 2014, and the rental
        day is the date of delivery. Party B shall start house renovations upon the delivery, Party A shall be responsible for water and
        electricity supplies upon the delivery.

         

        The rent-free period: from the agreed housing delivery date
        until June 10, 2014.

         

 

	 	2.3	Party A has rights to take back the house upon the lease expiration. When the lease term expires, if Party B requires a renewal of the lease, Party B shall notice Party A 90 days before the expiration of this agreement.

 

	 	3	The Rental, Property Management and Other Fees:

 

	 	3.1	
        Rental standard:

         

        For the period from April 11, 2014 to April 10, 2016, the daily
        rental of per square meter is ¥4.6 ,so the total amount of yearly rental agreed upon both parties shall be .¥2,224,675.

         

        For the period from April 11, 2016 to April 10, 2017, the daily
        rental of per square meter is ¥4.92 ,so the total amount of yearly rental agreed upon both parties shall be .¥2,379,435.

         

        For the period from April 11, 2017 to April 10, 2018, the daily
        rental of per square meter is ¥5.26 ,so the total amount of yearly rental agreed upon both parties shall be .¥2,543,867.5.

         

	 	 	For the period from April 11, 2018 to April 10, 2019, the daily rental of per square meter is ¥5.63 ,so the total amount of yearly rental agreed upon both parties shall be .¥2,722,808.8.

 

    	 

    	 

    

 

		3.2	The first payment:

 

The first payment shall be the rental from June 11, 2011 to
October 10, 2014, which shall be ¥741,558.3. The first payment shall be made upon the signature of this agreement.

 

	NO.	PAYMENT DAY	LEASE TERM	MONTHS	PRICE (yuan / m2 * day)	EACH
    PERIOD RENT(RMB)
	1	YEAR/MONTH/DATE	April 11, 2014 to June 10, 2014	2	4.6	Decoration-free period
	2	Contract date	June 11, 2014 to October 10, 2014	4	4.6	        741,558.30 
	3	11-Sep-14	October 11, 2014 to February 10, 2015	4	4.6	        741,558.30 
	4	11-Jan-15	February 11, 2015 to June 10, 2015	4	4.6	        741,558.30 
	5	11-May-15	June 11, 2015 to October 10, 2015	4	4.6	        741,558.30 
	6	11-Sep-15	October 11, 2015 to February 10, 2016	4	4.6	        741,558.30 
	7	11-Jan-16	February 11, 2016 to April 10, 2016	2	4.6	        370,779.20 
	8	11-Mar-16	April 11, 2016 to August 10, 2016	4	4.92	        793,145.00 
	9	11-Jul-16	August 11, 2016 to December 10, 2016	4	4.92	        793,145.00 
	10	11-Nov-16	December 11, 2016 to April 10, 2017	4	4.92	        793,145.00 
	11	11-Mar-17	April 11, 2017 to August 10, 2017	4	5.26	        847,955.50 
	12	11-Jul-17	August 11, 2017 to December 10, 2017	4	5.26	        847,955.50 
	13	11-Nov-17	December 11, 2017 to August 10, 2018	4	5.26	        847,955.50 
	14	11-Mar-18	April 11, 2018 to August 10, 2018	4	5.63	        907,602.90 
	15	11-Jul-18	August 11, 2018 to December 10, 2018	4	5.63	        907,602.90 
	16	11-Nov-18	December 11, 2018 to April 10, 2019	4	5.63	        907,602.90 
	17	Total	 	60	/	   11,724,681.80 

Interest of 0.5% per day will be charged upon the late payment.

 

    	 

    	 

    

 

 

	 	3.3	Security deposit: on the date of signing this contract, Party B shall pay 2 months rental and property costs as a rental security deposit ,which shall be ¥370.779.2 as to guarantee the contractual obligation of Party B under this contract.

 

	 	3.4	Party A designated bank account:
	 	 	
        Opening Bank Account: Bank of Beijing Beichen Road Branch

         

        Beneficiary: Beijing Zhongshidongsheng
        Culture Media Co., Ltd.

         

        Bank Account: 01090516600120102197117

         

		3.5	All
payments include security deposit and rental payments shall be made by cash, bank transfer or bank cheques.

 

		4.	Management
Fee and Other Fees:

 

		4.1	The
management fee is ¥5.9 per month per square meters. Party B shall make the management fee prior relevant period start.

 

		4.2	Central
air-condition usage fee is ¥76 per year per square meters(2 quarters shall be charges for this fee per year), Party B shall
make the payment prior relevant period start, i.e. ¥50,350 shall be made by May 15 each year, and¥50,350 shall be
made by October 15, each year.

 

		4.3	The
water usage fee is ¥6.5 per ton. And electricity fee is ¥1.25 per unit.Party B shall make the management fee within
7 days upon the payment notice delivery.

 

		4.4	Party
A provides parking space for Party B to use, all motor vehicle parking shall obtain parking permit from the onsite management.

 

		4.5	All
other special maintenance, renovation deposit, or other chargeable services fees shall refer to onsite management fees and charges
standards.

 

		4.6	Unless
otherwise agreed in this contract, Party A and Party B shall send the written notice.

 

		4.7	Onsite Management designated bank account:   Opening
Bank Account: Beijing Rural Commercial Bank Jingliang Branch   Beneficiary: Beijing Dongyifangyuan
Property Management Co., Ltd.   Bank Account: 0122000103000003045

 

		5	Housing
and restrictions

 

		5.1	Party
B wants to rent the China Overseas Plaza for the need of business expansion.

 

		5.2	Party
B shall not let the house to other parties without notify Party A.

 

		5.3	Unless
otherwise agreed in this agreement, Party B shall not change or modify any of house structures, fire control systems, electrical
systems, sewage systems, etc.

 

		5.4	Party
B shall not change, modify, extend or demolish the house out of relevant government policies, any penalty or fine occurs, shall
be responsible by Party B.

 

		5.2	Without
written consent, Party B shall not build extra property outside the agreed area.

               

    	 

    	 

    

 

	 	6	House use and damages

 

	 	6.1	During the lease term, Party B shall strictly abide by the laws, regulations and administrative provisions of the state. Party B shall take all effective measures to prevent the occurrence of various fire, and security incidents. Party B shall take responsibility for its visitors, employees, students, agents, and other others accident and compensation for all losses third party suffered.
	 	6.2	Party B shall take care of equipment and facilities within the premises in the lease term. Party B shall be responsible for equipment or facility damages caused by its visitors, employees, students, agents, and others unreasonable use. Party B shall be responsible for the equipment repairs or facilities maintenance. If Party B refuses to repair Party A can repair or replace the damages, and the cost is responsible by Party B.
	 	6.3	Party A is responsible for any damages to housing facilities and equipment caused by reasonable use, Party A shall take inspection and repair within 48 hours upon Party B’s report. If Party A refuses to repair, Party B can repair or replace the damages, and the cost is responsible by Party A.
	 	6.4	For the renovation, and improvement done by Party B, Party A has no obligation to repair or maintain.

 

	 	7	Breach of the agreement

 

		7.1	the occurrence of the following circumstances:

 

		a.	The
house shall be includ in the urban planning, or demolition range by local government;

 

		b.	Due
to earthquakes, fires and other force, houses damaged, lost, or destoried.

 

When above circumstances occurs the agreement shall be terminate, both party shall not responsible.  

 

		7.2	If one of the following situations occurs,

 

		a.	Party B does not execute
the payment term within 30 days from the due date,

 

		b.	Party B not use the house for business operating purpose,
or change the house’s structure,   or build illegal extension buildings, or sublet this property to a third party.

 

		c.	Party B shall be responsible for any damages caused by
unreasonable use;

 

		d.	Party B use houses engage in illegal activities, harm
the public interest or interfere   with others' normal working life.

 

  Party A shall have the right to terminate this agreement, and will get the secure deposit as liquidated damages

 

    	 

    	 

    

 

		8	Breach
of the agreement

       

	 	8.1	Party B fall to make payment according to the term within this agreement, Party A shall have right to terminate the agreement;
	 	 	 
	 	8.2	Any delay in house transfer procedure caused by Party B, Party A shall have the right to terminate this agreement. If Party B has not fulfill the agreement terms with 30 days upon the signature of this agreement, Party A can terminate the agreement and will get the secure deposit as liquidated damage.
	 	 	 
	 	8.3	If Party A wants to execute the agreement during the lease term, Party A shall give Party B 60 day notice, with amount of 200% of current rental payment as compensation to Party B. 
	 	 	 
	 	8.4	If Party B wants to execute the agreement during the lease term, Party B shall give Party A 60 day notice, with amount of 200% of current rental payment as compensation to Party A.  

 

		9	House
return

 

		9.1	If
Party A wants to terminate the agreement based on any of terms in clause 7 occurs during the lease term, Party B shall be move
out of the house within 5 day notice sent by Party A, Party B shall ensure all equipment and facility is under good condition
when house return to Party A.

 

		9.2	Upon
the expiry of the lease term, both parties shall check equipment and facility’s conditions, clear debts balance. Any damages
caused by Party B during its lease shall be responsible by Party B, otherwise Party A can deduct amount for repair if Party B
refuse to pay.

 

		9.3	Upon
the expiry of the lease term, Party B continue to stay in the house without renew the agreement, Party B shall be responsible
to amount of 200% of first year rental payment as compensation to Party A.

 

		10	Others

 

		9.1	Both
parties at the time of the signing of this contract shall well understand and accept all terms and conditions within the agreement.

 

		9.2	Agreement
is written in Chinese, currency is Renminbi.

 

		9.3	Both
parties shall firstly negotiate in private when debate happen during lease term, if debate cannot settle, then may take legal
action in the court.

 

		9.4	There
are four copies of the Contract with same legal effect. Each party shall keep two copies.

 

          

Party A: Beijing Zhongshidongsheng
Culture Media Co., Ltd.

 

Legal representative or authorized representative:

 

Party B: Harbin Zhong He Li Da Education Technology, Inc

 

Legal representative or authorized representative:Exhibit 10.6

LEASE AGREEMENT

 

Party A: (Lessor) 

Name of Lessor / Legal Representative:
Lei Zhou

Title: Party A Representative

Address: Phone number: 13651044288

 

Party B: (Lessee)

Name of Legal Representative: Xulei Yang

Title: Representative of Beijing Hua Yu
Pin Xue Education Technology Co., Ltd

Address: Phone number: 13810539506

 

In accordance with the provisions of "Contract
Law of the People's Republic of China ", “The Urban Real Estate Administration Law of the People's Republic of China
" and other relevant laws and regulations, on the basis of equality, voluntariness and consensus, Party A hereby rent the
premises to Party B pursuant to the following terms:

 

Article I. Basic Conditions of the Premises

 

The premises
of Party A (hereinafter referred to as the Premises) is located 12 Meishuguan Road, Dongcheng District,Beijing.

Type: shop with complete structure.

The Premises are leased as is, with a measured
use area of 370 square meters.

 

Article II. Use of the Premises

 

Party A rents the premises to Party B for
the purpose of teaching, management and office use. In addition to meeting requirements as office for Party B, when Party B applies
for Industry and Commerce registration, the Premises should also meet State Industry and Commerce Administration (“SAIC”)
registration requirements. When the Party B applies for SAIC registration and other business procedures, Party B shall apply for
it independently but Party A shall help provide related materials. Currently Party A is the person who moves back to the premises
after demolition and the premises is in the process of applying for ownership certificates. Party A shall provide replacement housing
agreement for the SAIC registration.

 

Article III. Term of Lease

 

The term of the lease is five years, from
March 23, 2012 to May 1, 2017, with a total of five years and 40 days. The period from March 23, 2012 to May 1, 2012 is the rent-free
period (the rent-free period is 40 days in total).

 

Article IV. Rent and Payment.

1. The rent is RMB One Million each year (RMB 1,000,000). The rent includes: property management fee, heat, rental invoice taxes
and fees. (Note: 940,000 yuan rent +RMB 60,000 of property management fee and heat = RMB 1 million).

2. Party B shall pay the rent to Party A semiannually. During the term of the lease, the rent shall remain the same unless agreed
upon mutual consent, Party A shall not raise the rent for whatever reason.

3. Timing and Amount: Party B shall make the first payment of rent in the amount of RMB 500,000 and two month deposit of RMB 166,666
(a total of RMB 666,666) to the bank account designated by Party A prior to March 2012, 28 (i.e., within three working days after
the effectiveness of this Agreement). Thereafter, Party B shall pay the rent semiannually and the payment shall be made within
15 days before the next payment month.

4. Party A shall issue to Party B invoices evidencing the amount of rent and expenses Party B has paid pursuant to the agreement.

 

    	 

    	 

    

Designated bank account information by Party A:

Bank: DongSi Subbranch, Beijing branch of China Construction Bank

Account: 4367 4200 1159 0185 821

Account Name: Lei Zhou

 

Party A and Party B financial transactions must
comply with the provisions of the country’s existing laws and regulations and policies.

 

Party A shall provide invoices to
Party B within 15 business days after the payment by Party B of the rent, expenses and fees.

 

Article V. Deposit.

1. The security deposit (equivalent to two months) shall be RMB 166,666 yuan, payable at the same time of the first rent.

2 .During the term of this Agreement, if Party B's breach or inappropriate use caused economic losses to Party A, in the amount
of loss that is unanimously recognized by both sides or evaluated by a qualified appraisal institution, Party A shall deduct the
corresponding losses from the deposit. Party B shall make up the deposit within five business days after receipt of a written notice.

 

3. Party A shall return the deposit to
Party B within 3 business days after Party B returns the Premises completely to Party A and pays all amounts due under the agreement
upon the expiration, termination or cancellation of the agreement. If Party B does not make the full payment, Party A shall deduct
the expenses from deposit and return the balance to Party B and issue written statement on the details of expenses deducted.

Article VI. Premises Delivery Date.

Party A shall deliver the Premises to Party B upon effectiveness of this agreement and make sure the Premises meet all the conditions
for lease confirmed by Party B. Party A shall provide a list of fixtures and equipment. The current renovation and facilities shall
be provided in a list by the Parties. Unless otherwise agreed by the Parties, the list shall be the basis for acceptance when returning
the Premises upon expiration of the term of the agreement.

Article VII. Warranties of Party on the Premises.

 

Party A warrants and represents that it
holds the legal and sole ownership and disposition right of the Premises and there is no disputes with respect to the ownership
of the Premises. Except otherwise agreed by both parties, Party A has paid all the expenses such as mortgage, debt, rent, taxes
and all costs prior to delivery of the Premises. If there is any aforementioned matter outstanding, Party A shall be fully responsible.
If any economic losses are incurred to Party B as a result thereof, Party A shall be responsible for compensation.

Article VIII. Maintenance.

1. During the lease term, Party A shall conduct inspection and maintenance of the Premises every other year and Party shall cooperate
with Party A. Party A shall notify Party B of such inspection and maintenance work with 7 day advance notice in writing and shall
not affect Party B’s use of the Premises.

 

2. Party A is responsible for the maintenance
of property covered by the maintenance costs (the roof, the main structure, floor, pipes, excluding parts renovated by Party B).
Party B shall be responsible for the extra expenses that exceed the maintenance costs.

3. Party B shall be responsible for repair of any damages to the Premises and its facilities due to inappropriate use by Party
B (excluding the parts built or renovated by Party B and Party B’s own facilities)

 

4. During the lease term, Party B shall
strictly implement the provisions of the relevant departments in the city regarding fire safety, comprehensive control and safety
and security work, and cooperate with supervision and inspection by Party A.

 

    	 

    	 

    

Article IX Renovation.

1. Both parties agree that Party B can enter into the Premises for renovation from March 23, 2012.

2. During the lease term, Party B may renovate the Premises based on its needs but may not change the main structure and the load-bearing
wall. The lease shall be terminated upon occurrence. Party B should notify Party A decorate plan to, and obtain the agreement of
Party A. Party B to decorate the expenses shall be borne by Party B.

3. Party B during the lease of the house decoration, decoration and add the ownership of the equipment and facilities all belong
to Party B.Termination of the contract or after the termination, such decoration or facilities can be dismantled, to remove removed
by Party B, the sealed, decorate part should be maintained, handled by Party A, Party A will not give Party B the compensation
for decoration.

 

4. Due to Party A the house has seven property
right, the ground with the property owner property area reticule, Party B is decorated should be maintained. If Party B because
decorate need change, we should get together to allow the property right person.

 

Article X. Expenses. 

 

1. During the term of the lease, Party
A shall pay for property management fees, heating, and is responsible for the open rental invoice, in addition to all expenses
are paid by Party B is responsible for.

 

2. During the lease term, Party A shall
pay Party B: all except property management fee, heating fee, such as water, electricity, phone, all kinds of Internet fee and
operation cost related expenses, etc.

 

3. During the lease term, the property
management fee and heating fee has been included in the rent room star, generation of Party B by Party A relevant departments pay,
such as the cost part, on the basis of the original has a rising price Ge exceed the amount of the existing standard quota shall
be borne by Party B, Party A shall provide corresponding actual legal invoice shall prevail.

 

Article XI. Party A's Rights and Obligations.

 

1. Party A has the obligation to assist
Party B to handle the fire, property transfer procedures, etc. At the same time, Party A shall provide relevant formalities to
assist Party B to get the business license.

2. Within 10 days after the expiration,
termination, or cancellation of this agreement, if Party B has not removed its personal properties from the Premises, Party A shall
have the right to send Party B's personal properties in storage, and related expenses shall be borne by Party B.

 

3. Party A shall guarantee the air conditioning
and building elevator are working on Saturday, Sunday and public holidays. If this affects the normal use of Party B, Party B will
be able to install air-conditioning equipment, without the consent of Party A.

 

4. Party A shall promptly coordinate with
the property management company to fix the issues with roof, main structure, floor, pipes, wires, telephone wires, internet wires
or air conditioners upon notice of Party B.

 

5. Party A has the obligation to assist
Party B to deal with other owners, property management company, and government management departments.

 

6. During the lease term, Party A has the
right to send staff to the Premises for necessary inspection, but should inform Party B in advance, and shall not interfere with
the normal operation of Party B. Party B should cooperate.

 

7. Party A shall guarantee that the Premises
can be used for SAIC registration, and provide relevant documents to Party B. If the SAIC registration cannot be completed due
to the Premises, Party B has the right to terminate this agreement, and shall have the right to require Party A to be responsible
for liabilities provided in Section 3, Article XVI.

 

    	 

    	 

    

 

Article XII. Party B's Rights and Obligations.

 

1. Party B has the right to according to
this contract, the use of the property, real estate internal facilities equipment and the property equally Shared parts, utility
equipment.

 

2. During the lease term, if Party A shall
sell the property, it shall send written notice to Party B three months in advance. Under the same conditions, Party B shall have
right of first refusal with respect to the purchase of the Premises. Party A shall ensure that its sale of the Premises does not
affect the performance of this agreement and effectiveness of this agreement.

 

3. Upon expiration of the agreement, if
Party A continues to rent the Premises, Party B shall have the priority to sign a lease for the Premises under the same terms and
conditions.

 

4. Party B shall pay the rent and other
fees in accordance with the terms of this agreement.

 

5. Party B shall not sublease or transfer
to others the Premises without consent of Party A. Otherwise, the agreement shall be terminated.

 

6. Party B shall reasonably use and care
for the Premises and facilities as stipulated in the agreement.

7. Upon expiration, termination or cancellation
of this agreement, Party B shall remove its personal properties from the Premises and return the Premises in the original conditions
to Party A.

 

The original conditions of the Premises
are: the main structure remains complete and safe with basic lighting and Party B shall return the Premises tidy and clean.

 

Article XIII. Amendment, Termination
and Renewal

 

1. The agreement may be amended and supplemented
through mutual negotiation and agreement.

 

2. Party A shall have the right to unilaterally
terminate the agreement and retain the deposit if Party B fails to pay any expenses and fees in the amount of one month rent, without
any justified reason, tear open or change the main structure and landmark line without authorization, engages in illegal activities,
harms public interests, or sublets, transfers, or lends or invests or exchanges the lease with others without authorization.

 

3. Party B may terminate the agreement
unilaterally and receive the refund of the deposit and two month rents if Party A fails to deliver the Premises for ten days, or
the conditions of the Premises significantly differs from what are set forth herein.

 

4. During the lease period, either party
may terminate the lease with three month advance notice in writing to the other party. The Parities shall execute a termination
agreement to terminate this lease upon mutual negotiation. This agreement remains binding prior to the effectiveness of the termination
agreement.

 

5. This agreement shall terminate upon
expiration of the lease term. If Party B wishes to continue to lease the Premises, Party B shall notify Party A in writing three
months in advance and Party A shall respond in writing two months before the expiration of the agreement and both Parties shall
renew the lease agreement.

 

Article XIV. Force Majeure. 

 

Because of the typhoon, earthquake, storm,
war, coup this building was caused by such force majeure damage and losses, both sides each other is not liable. Therefore affect
any party cannot perform the contract or cannot fulfill the contract on the agreed terms and conditions, the party in case of force
majeure, shall be immediately to the telegraph, the telephone or by fax to notify the other party, and provide details of force
majeure within 15 days and all or part of this contract fails to fulfill the needs to be extended, or perform the valid certification
of the reason. According to the force majeure to the influence degree of the performance of this contract, decide whether to terminate
the contract by both parties agreement, or partial exemption perform the responsibilities of this contract, or delay to perform
the contract such as solution.

 

    	 

    	 

    

 

Article XV. Registration and Filing

 

Within 7 days from the date of the effectiveness
of this agreement, both parties shall submit the agreement and relevant documents to the local real estate administrative department
to apply for registration and filing. Party B (the business license, organization code certificate, legal representative ID, educational
credentials) shall provide photocopies stamped with official seal to Party A for record; Party A (ID card, replacement housing
agreement) shall provide photocopies to Party B for record. Party A shall provide a copy of the ownership certificate to Party
B upon receipt.

 

Article XVI. Liability. 

 

1. If Party B fails to pay the rent, Party
A has the right to inform Party B in writing and request immediate payment. Party B shall pay a penalty for each day the rent remains
outstanding at the rate of 0.1% of the unpaid rent. Party A shall have the right to terminate the agreement and retain the deposit
if Party B fails to pay rent for 10 days. The date of termination shall be the date when Party B receives the termination notice.
If there is any force majeure as provided in Article XIV, the Parties shall abide by Article XIV.

 

2. Party A shall deliver the Premises to
Party B on March 23, 2012 and shall pay a penalty to Party B for each day delayed at the rate of 0.1% of the amount paid by Party
B. Party B shall have the right to unilaterally terminate this agreement if the delivery is delayed for 10 days and Party A shall
return the total amount paid by Party B with interest and pay Party B two month rent as compensation.

 

3. If the agreement is terminated or may
not be performed due to Party A's fault, Party A shall refund Party B the deposit and the rest of the rent, and Party A shall pay
Party B liquidated damages equivalent to three months’ rent.

 

4. Party A shall be responsible for Party
B’s damages resulting from the failure to perform the agreement or to pass the inspection of relevant authorities or obtain
approval due to Party A’s breach of this agreement.

 

5. Since the Premises are owned by seven
persons who are signing this agreement with Party B as Party A, in order to protect the legitimate rights and interests of Party
B, if one or more of the owners of the Premises unilaterally terminates the agreement without any fault on part of Party B and
causes Party B not able to run its business or suffer losses, the conduct shall be considered as a breach by all the owners and
Party B shall have the right to terminate the agreement unilaterally. Party A shall return the deposit and the balance of rent
to Party B and pay Party B a penalty in the amount of three month rent.

 

6. Any party that breaches the agreement
shall be responsible for the reasonable losses of the non- breaching party in addition to the liabilities for breach provided herein.

 

Article XVII. Dispute Resolution. 

 

1. The laws of the People's Republic of
China shall govern the execution, performance, termination, cancellation and dispute resolution of this agreement.

 

2. The Parties shall consult and negotiate
with each other to resolve disputes on implementation, suspension, termination, all disputes arising in the course of process.
If such consultation fails, both Parties can bring a lawsuit in the People’s Court at the county where the Premises are located.

 

Article XVIII. Advertising Space

 

Party A shall provide reasonable advertising
space at the gate of the base for Party B to use at no charge. Party B shall handle relevant procedures on its own and bear the
costs. Party A shall cooperate to provide corresponding materials.

 

    	 

    	 

    

 

Article XIX Miscellaneous. 

 

The Parties shall separately decide on
matters not stipulated in this agreement and sign a supplementary agreement. Supplementary agreement has the same legal effect
as this agreement. If there is any inconsistency between this agreement and the supplementary agreement, the supplementary agreement
shall prevail.

 

The attachments to this agreement are an
integral part of this agreement and have the same legal effect. Matters that are not stipulated in this agreement and its attachments
and the supplementary agreement, shall be carried out in accordance with relevant laws, regulations and policies of the People's
Republic of China.

 

The agreement shall become effective upon
signing and stamping by both Parties.

The agreement has three copies with one
copy held by each of the Parties and one copy submitted to Rental Management Administration for record.

 

Party a (the Lessor) signature:

Certificate number: 110108195907036023

The legal representative or agent:

Telephone: 13651044288

Date: on March 22, 2012

 

Party B (Tenant) Signature:

License number:

The legal representative or agent:

Telephone: 13810539506

Date: on March 23, 2012

 

Execution venue: Beijing Guanganmen Chanlong
Mansion

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