Document:

北京高达阳光通信技术有限公司

EXHIBIT 10.5
 

 

 

 

 

 

Cooperation Agreement 

 

 

 

By and Between 

 

Beijing Gao Da Yang Guang Communication Technology Ltd.,

And 

 

Beijing Long Teng Jia Xun Net Technology Ltd., 

 

 

 

 

This cooperation agreement
(hereinafter refer to as Agreement) is made and entered by and between the
following two parties as of the date of         in Beijing.

Party A: Beijing Gao Da Yang Guang Communication Technology
Ltd., 

Address: Room
1027, West Section, Hanwei Building, 7 Guanghua
  Road, Chaoyang District, Beijing

Legal Representative:
Wang Zheng

Party B: Beijing Long Teng Jia Xun Net Technology Ltd.,

Address:

Legal Representative: 

Whereas

1. Party A is a newly emerged communication technology
service company with fiber network resources in the major cities nationwide. As
a high tech enterprise with the new Internet broadband access by fiber cable
plus wireless technology, Party A has gained good support from the local
government in Beijing and established strategy cooperation relationship
with Beijing Telecom and Beijing Network. Party A enjoys advantages in
marketing and telecom service resources. Now Party A desires to cooperate with
other companies in the industry to develop the market in Beijing and
form a large scale operation in a short period, to provide more variety and
high quality service to customers;

And 

2. Party B is a professional telecom service company
with good operation background and support by basic telecom operators; Party B
has the capacity and qualification to conduct ISP related service including
Internet broadband access, voice and data transmission. The service products
provided by Party B has covered end users beyond Beijing and reached many other
cities such as Tianjin, Shanghai, Guangzhou, Shenzhen, Dalian, Qingdao, Hong Kong and Singapore etc. The clients of Party B cover
various lines of industry and with more than 200 middle or large seized
customers.  

3. The two parties desire cooperation with each other
with their own respective advantages and promote their business.

After
friendly consultation, following the principle of mutual benefit, the two
parties have reached the agreement on the future strategy cooperation as
follows:

 

Article 1 Purpose of
Cooperation

1. The cooperation between the two parties aims at
forging more competitive data and information service enterprises;

2. The cooperation will bolster the faster development
of IT industry and the establishment of an orderly market environment;

3.  The cooperation will assist in the accumulation of
important experience for the development of ISP information industry by the
various service provided by the cooperation of the two parties; the cooperation
will also benefit the two parties by sharing the resources, taking advantage of
complementary strengths. 

Article 2 Scope of Cooperation

The two parties agree to
cooperate with each other according to the terms set forth below:

1. Party A uses its 4-core fiber network alone forth
ring road in Beijing to cooperate with Party B's fiber network and related
infrastructure. Party B may utilize Party A's fiber network resources to
develop the value-added service in Beijing;

2. Party A shall, following Party B's request, provide
4 nodes in its 4-core fiber network alone forth ring road to ensure the
internet of the two parties' network; Party B's Internet access platform shall be
connected with Party A's core network platform and Party A shall provide
necessary support on the connection. 

3. When Party A has developed its customers, Party B
shall work as agent of Party A and execute the service contract with customers
under its name but on behalf of Party A. A copy of Party B ISP license shall be
attached herein as annex. 

4.  When Party B executes the contract with customers
developed by Party A, Party B shall, at the same time, execute a three-party
contract with Party A's affiliate company-Beijing Yuan Shan Da Chuan Commence
Developing Co., Ltd, (hereinafter refer to as Yuan Shan Da Chuan). Under such
arrangement, Yuan Shan Da Chuan shall be entitled to collecting fees from the
clients and issuing invoice. Party A shall be responsible for concrete construction
work and service work. In the event that the foresaid work is conducted in an
area which should utilize Party B's network resources, Party A shall pay
relevant fees to Party B and Party B shall offer some favorite discount. 

5. Party A shall deliver to Party B 3% of the revenue
deriving from each of the service contract signed by Party B on behalf of Party
A as fees paid to Party B. The fees shall be settled on a quarter basis. Party
B shall deliver each copy of the foresaid contracts with Party A for record.
Where Party B needs Party A's fiber resources to conduct its business, Party A
shall provide support at a favorite price.  

 

 

6. Where the two parties need to utilize the other
partie's network resources, a more detailed agreement shall be executed.  

Article 3 Confidentiality Clause

1. Party A and
Party B acknowledge and warrant that each party shall treat any secret
information gained from the other party through performing this Agreement
confidential. Without prior consent by the other party, such information shall
not be leaked or transferred to any third party. Upon the expiration of this
agreement, each party shall return or destroy any document, software or other
media carrying such confidential information of the other party. The
confidential information stored in any memorable equipment shall also be
deleted and not be used.

2. It is agreed that this clause will remain in effect
for further six month period from the termination of this Agreement regardless
the amendment or termination of the agreement.

Article 4 Effective Date and Term of the Agreement

1. This
Agreement, which is made in four copies with each party holding two, shall take
effect upon duly signed by the legal representatives or their authorized
persons of two parties;

2. The term of this Agreement is two years from its
effective date.

3. Prior to the expiry of this Agreement, the two
parties may negotiate on the renewal of this Agreement.

Article 5 Termination

1. Unless this Agreement is renewed by the two
parties, it is terminated on the date of expiry.

2. Each Party may, without prejudice its legal right
or other remedies, terminate this Agreement by notification to the other party
in the event that the other party materially breaches this Agreement, and fail
to rectify the situation within 30 days upon receiving the notice of such
breach from the non-breaching party. Nevertheless, Party A may terminate this
Agreement at any time by 30 days of prior notice to Party B.

Article 6 Dispute Settlement

In
the event that any dispute arises in the performance or interpretation of this
agreement by the two parties, the dispute shall be resolved through friendly
negotiation. If the dispute could not be settled within 30 days from being put
forward by one party, either party may apply to China International Economic and Trade Arbitration Commission (CIETAC)
for arbitration according to rule of the CIETAC. The arbitration shall be made
in Beijing and the language shall be in Chinese. The arbitration award shall be
final and binding on the parties.  

Article 7 Governing Law

The
Chinese law shall govern on the performance, interpretation and enforcement of
this agreement.

Article
8 Severability of Agreement

In
the event that any clause herein is unenforceable due to its ineffectiveness or
contradiction with law, the invalid of such clauses will not affect the effect
of other clauses herein.  

Article 9 Transfer of
Agreement

Neither
party may assign or transfer any right or obligation under this Agreement to a
third party without prior consent from the other party.

Article
10 Amendment and Supplement

The
parties may amend or supplement this agreement by written form. Any duly signed
attachments, amendments or supplements relating to this agreement shall
constitute a part of this agreement and have the same effect of this agreement.

In
witness whereof, Party A and Party B have caused this Agreement to be duly
executed the day and year first above written by their duly authorized
representatives.

 

     

	
  Party A: (name)

  	
  Party B: (name)

  
	

  	

  
	
  Stamp

  	
  Stamp

  
	

  	

  
	
  Signature of the
  representative 

  	
  Signature of the
  representative

  
	

  	

  
	
  Date

  	
  Dateeaglebends1a2ex101_91208.htm

     

    
      

      

    

     

    
      Exhibit
10.1

      

      

      

      

      PRESERVE  COMMUNICATIONS
SERVICES, INC.

      INVESTOR
RELATIONS CONSULTING AGREEMENT

      

      

      This Agreement is entered into this
27th day of August, 2008 by and between Iptimize, Inc., 4949 So. Syracuse St.,
Suite 450, Denver, Colorado 80237 (the "Company"), and Preserve Communication
Services, Inc., 5445 DTC Parkway, Suite 940, Greenwood Village, Colorado 80111
(the "Consultant").

      

      

      WHEREAS, Company and Consultant desire
to enter into this arrangement in lieu of the agreement dated Oct. 15, 2004,
upon the terms and conditions hereof,

      

      NOW THEREFORE, upon the consideration
of the mutual promises and agreements contained herein, the parties agree as
follows:

       

      

      AGREEMENT

      

      1.           Engagement
of Consultant.  The Company
hereby engages Consultant and Consultant hereby agrees to render services to the
Company as an investment relations consultant.

      

      2.           Services.  During the term
of this Agreement, Consultant shall identify and build a data base of brokers,
analysts and institutions to disseminate Company’s public information as
provided by the Company and for which the Company attests to the accuracy of all
information provided under the terms of this agreement. Consultant will provide
Company with monthly reports detailing the results of Consultants service.
Consultant shall not by this Agreement be prevented or barred from rendering
services of the same or similar nature, as herein described, or services of any
nature whatsoever for, or on behalf of, persons, firms, or corporations other
than Company.  Similarly, Company shall not be prevented or barred
from seeking or requiring services of a same or similar nature from persons
other than Consultant.

      

      3.           Term.  The term of this
Agreement shall be a twelve (12) month period commencing on Sept. 1, 2008, and
continuing through Aug. 31, 2009.

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      

      4.           Compensation.   As compensation
for the Investor Relations Services, Company shall issue to Consultant, a
monthly cash payment of $5,000.00 due on the 1st of each month, with the first
cash payment due with the signing of this agreement. In addition, Company agrees
to issue Consultant shares of Company stock as follows

      :

      
        	
                -

              	
                $15,000
      worth of stock at a price equal to 50% of the last trade Sept 1, 2008,
      issued by Sept. 15, 2008;

              
	
                -

              	
                $15,000
      worth of stock at a price equal to 50% of the last trade Dec. 1, 2008,
      issued by Dec. 15, 2008;

              
	
                -

              	
                $15,000
      worth of stock at a price equal to 50% of the last trade Mar. 1, 2009,
      issued by Mar. 15, 2009;

              
	
                -

              	
                $15,000
      worth of stock at a price equal to 50% of the last trade Jun. 1, 2009,
      issued by Jun. 1, 2009.

              

      

      

      Each
quarter the certificate will be issued for $15,000.00 worth of stock based on
this calculation. (Example – Last trade at .50 cents. One half of .50 (cents) is
..25 (cents), so $15,000.00 divided by .25 = 60,000 shares)

      

      5.           Disclaimer
of Responsibility for Acts of Company.  The obligations
of the Consultant described in this Agreement consist solely of database
distribution services to Company.  In no event shall Consultant be
required by this Agreement to act as the agent of Company or otherwise to
represent or make decisions for Company.  All final decisions with
respect to acts of Company or its affiliates, whether or not made pursuant to or
in reliance on information or advice furnished by Consultant hereunder, shall be
those of Company or such affiliates and Consultant shall under no circumstances
be liable for any expense incurred or loss suffered by Company as a consequence
of such decisions.

      

      6.           Indemnity.  The Company
agrees to indemnify and hold Consultant, its affiliates, control persons,
officers, directors, employees, agents and sureties harmless from and against
all losses, claims, damages, liabilities, costs or expenses (including
reasonable attorneys', consultants' and accountants' fees and the cost of any of
Consultant's personnel involved in any such matter) arising out of Consultant's
entering into or performing under this Agreement, including costs arising out of
any dispute whether or not Consultant is a party to such dispute.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      The Company agrees that, as an interim
measure during the pendency of any claim, action, investigation, inquiry or
other proceeding arising out of or based upon any loss, claim, damage, or
liability described above, it will reimburse the Consultant on a monthly basis
(or more often, if requested) for all reasonable legal or other expenses
incurred in connection with investigating or defending any such claim, action,
investigation, inquiry or other proceeding, notwithstanding the absence of a
judicial determination as to the propriety and enforceability of the Company’s
obligation to reimburse the Consultant for such expenses and the possibility
that such payments might later be held to have been improper by a court of
competent jurisdiction.  To the extent that any portion, or all, of
any such interim reimbursement payments are held to have been improper, the
Consultant shall promptly return such amounts to the Company.

      

      If for any reason the foregoing
indemnification is unavailable to Consultant, or insufficient to hold it
harmless, then the Company shall contribute to the amount paid or payable by
Consultant as a result of such loss, claim, damage or liability in such
proportion as is appropriate to reflect not only the relative benefits received
by the Company and its stockholders on the one hand and Consultant on the other
hand but also the relative fault of the Company and Consultant, as well as any
relevant equitable considerations.  The reimbursement, indemnity and
contribution obligations of the Company under this Section 7 shall be in
addition to any liability which the Company may otherwise have and shall be
binding upon and inure to the benefit of any successor, assigns, heirs and
personal representatives of the Company, Consultant and any such person. The
provisions of this Section 7 shall survive the termination and expiration
of this Agreement.

      

      7.           Amendment.  No amendment to
this Agreement shall be valid unless such amendment is in writing and is signed
by authorized representatives of all the parties to this Agreement.

      

      8.           Waiver.  Any of the terms
and conditions of this Agreement may be waived at any time and from time to time
in writing by the party entitled to the benefit thereof, but a waiver in one
instance shall not be deemed to constitute a waiver in any other
instance.  A failure to enforce any provision of this Agreement shall
not operate as a waiver of this provision or of any other provision
hereof.

      

      9.           Severability.  In the event that
any provision of this Agreement shall be held to be invalid, illegal or
unenforceable in any circumstances, the remaining provisions shall nevertheless
remain in full force and effect and shall be construed as if the unenforceable
portion or portions were deleted.

      

      10.           Assignment.  This Agreement
shall be binding upon and inure to the benefit of the parties and their
respective successors and permitted assigns.  Any attempt by either
party to assign any rights, duties or obligations which may arise under this
Agreement without the prior written consent of the other party shall be
void.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
 

      

      11.           Governing
Law.  The validity,
interpretation and construction of this Agreement and each part thereof will be
governed by the laws of the State of Colorado.

      

      12.           Counterparts.  This Agreement
may be executed in any number of counterparts, each of which may be deemed an
original and all of which together will constitute one and the same
instrument.

      

      13.           Arbitration.  The parties agree
that all controversies which may arise between them concerning any transaction,
the construction, performance or breach of this or any other agreement between
them, whether entered into prior, on or subsequent to the date hereof, or any
other matter, including but not limited to, securities activity, investment
advice or in any way related thereto, shall be determined by arbitration in
accordance with the rules of the American Arbitration
Association.  This shall enure to the benefit of and be binding on the
Company, its officers, directors, agents, independent contractors, employees,
controlling persons, sureties and any person acting on its behalf as to this
Agreement and shall enure to the benefit of and be binding on the Consultant,
its officers, directors, agents, independent contractors, employees, controlling
persons, sureties and any person acting on its behalf as to this
Agreement.  Any award rendered in arbitration may be enforced in any
court of competent jurisdiction.

      

      14.           Arbitration
Disclosures.

       

      
        	·  	Arbitration
      is final and binding on the parties.
	
                ·  

              	
                The
      parties are waiving their right to seek remedies in court, including the
      right to jury trial.

              

      

      
        	
                ·  

              	
                Pre-arbitration
      discovery is generally more limited than and different from court
      proceedings.

              

      

      
        	
                ·  

              	
                The
      arbitrators' award is not required to include factual findings or legal
      reasoning and any party's right to appeal or to seek modification of
      rulings by the arbitrators is strictly
limited.

              

      

      
        	
                ·  

              	
                The
      panel of arbitrators may include arbitrators who were or are affiliated
      with the securities industry.

              

      

      

      15.    Acknowledgment.   The parties
acknowledge that Section 13 above contains a binding arbitration
agreement.

      
      

       

      
        	 	Company:	 
	 	 	 
	 	

                IPTIMIZE,
      INC.

              	 
	 	 	 
	 	By:  /s/ 	 
	 	Title:
      President	 
	 	 	 
	 	 	 
	 	Consultant:	 
	 	 	 
	 	PRESERVE COMMUNICATIONS SERVICES, INC.	 
	 	 	 
	 	By:  /s/ 	 
	 	Title:
      President

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