Document:

Exhibit 4.15

 

Form Exclusive Technical Service Agreement

 

This Agreement is made and entered into on [·] by and between [wholly owned subsidiary] (“Party A”) with its address at [•] and [VIE] (“Party B”) with its address at [·].

 

Whereas:

 

(1)       Party A is a limited liability company incorporated in Beijing China and valid existing, principally engaged in technology development and technical service business of computer, Internet and wireless value added telecommunication business;

(2)       Party B is a limited liability company registered in [·], principally engaged in [·] business;

(3)       For the purpose of business operation, Party B decides to employ Party A as its exclusive technical service supplier to provide Party B relevant services such as technology transfer, technology licensing, technical services and equipment supply, and Party A agrees to provide Party B with the corresponding technical services according to the provisions of this Agreement.

 

NOW, THEREFORE, the parties, through friendly consultation, hereby agree as follows in respect of the specific issues concerning the exclusive technical service provided by Party A to Party B:

 

1.         Definition and Interpretation

 

1.1        “Websites” means all the websites of which Party B is responsible for operation.

1.2        “Internet Information Service Business” means the business to provide web users with various information services via Internet, including but not limited to, search engines, online publishing, online games, e-mail and website construction.

1.3        “Mobile Value-added Telecommunication Business” means the business to provide mobile users with value-added services such as mobile information service and positioning service via the service platform connected to the mobile network.

1.4        “Online Advertising Business” means the business to publish online advertisements via Internet for customers.

1.5        “Technical Service” means all technical services that Party A provided to Party B in accordance with the provisions of this Agreement, including but not limited to, technology transfer, technology licensing, technical service, equipment supply, etc.

 

2.         Exclusive Cooperation

 

2.1        Party A is the exclusive technology service provider of Party B, except the circumstances as set out in Article 2.2 or Article 2.3 of this Agreement, any technical service (including but not limited to technology transfer, technology licensing, technology services and equipment supply, etc.) as required during the course of business operated by Party B (including but not limited to, Internet Information Service Business, Mobile Value-added Telecommunication Business, Online Advertising Business, etc.) must be rendered by Party A on an exclusive basis.  Without prior written consent of Party A, Party B shall not seek any technical service under this Agreement rendered by any third party by any means other than Party A.

2.2        Party B agrees, in event that Party A does not have the capability to render specific technical service to Party B objectively, Party B agrees such technical service shall be rendered by an appropriate third party solely appointed by Party A in accordance with the terms and conditions of this Agreement.  Party B further agrees that in any case Party A shall have the right to appoint any third party adequately qualified in absence of any reason to replace Party A and

 

render technical service which should have been rendered by Party A in accordance with the Agreement, and Party B agrees to accept appropriate technical service rendered by such appropriate third party entrusted by Party A.

2.3        If any of the following circumstances occurs, Party B has the right to seek for any third party to render technical service to Party B:

2.3.1        Party A has voluntarily waived its rights as the exclusive technical service provider, and agreed in written that such technical service shall be rendered by a third party to Party B;

2.3.2        Party A is unable to provide a certain technical service to Party B objectively and fails to appoint an appropriate third party to provide such technical service to Party B; or

2.3.3        Party A decides not to provide a certain technical service to Party B and fails to appoint an appropriate third party to provide such technical service to Party B.

 

3.         Technology Transfer

 

3.1        Except the circumstances as set out in Article 2.2 or Article 2.3 of this Agreement, all technical services as required during the course of business operated by Party B (including but not limited to, Internet Information Service Business, Mobile Value-added Telecommunication Business, Online Advertising Business, etc.) shall be rendered by Party A on an exclusive basis, and Party A shall make best endeavors to develop for and transfer to Party B the technology owned by Party A as required during the course of business operated by Party B.

3.2        The parties shall discuss to sign a specific technology transfer contract in which express stipulations shall be made in respect of the technology to transfer, technology transfer fees and the payment.

 

4.         Technology Licensing

 

4.1        Except the circumstances as set out in Article 2.2 or Article 2.3 of this Agreement, all technical licenses as required to be obtained during the course of business operated by Party B (including but not limited to, Internet Information Service Business, Mobile Value-added Telecommunication Business, Online Advertising Business, etc.) shall be rendered by Party A on an exclusive basis, and Party A shall make best endeavors to grant license to Party B of the relevant technology owned by Party A or to sublicense to Party B to the extent that the approval has been obtained from the person which is entitled to such rights.

4.2        The parties shall discuss to sign a specific technology license contract in which express stipulations shall be made in respect of the technology to license, method for license usage, technology license fees and the payment.

 

5.         Technical Service

 

5.1        Except the circumstances as set out in Article 2.2 or Article 2.3 of this Agreement, any technical service (including but not limited to, technical support, technical training, technical consulting, Internet Information Service Business, etc.; for details see Appendix I (Technical Service Content) of this Agreement) as required during the course of business operated by Party B (including but not limited to, Internet Information Service Business, Mobile Value-added Telecommunication Business, Online Advertising Business, etc.) shall be rendered by Party A on an exclusive basis, and Party A shall make best endeavors to supply to Party B relevant technical service as required in the course of business of Party B.

5.2        Party B must provide Party A all necessary service for Party A’s technical services, including but not limited to:

5.2.1        urge its employees to take proper, reasonable due diligence when using and operating the system and the equipment;

5.2.2        inform Party A without any delay of any circumstance that may affect the business

 

 

operation of Party B;

5.2.3        allow Party A and its authorized persons to access any site owned or rented by Party B that stores any system or equipment relating to its business operation at any reasonable time;

5.2.4        provide any other necessary service.

5.3        The parties agree that, if necessary, they will enter into the technical service agreement in respect of the detailed contents of various technical services during the term of this Agreement, in which the items of various technical services, service method, technical personnel etc. will be stipulated or adjusted accordingly under the framework of this Agreement.

5.4        For technical services rendered by Party A, both parties agree that the technical service fee shall be based on the quantity of work performed which is measured by time costs incurred by Party A’s engineers.  The time cost are as below:

5.4.1        Technical services rendered by senior engineer of Party A are charged and paid at RMB[·] yuan per hour per head;

5.4.2        Technical services rendered by middle-level engineer of Party A are charged and paid at RMB[·] yuan per hour per head;

5.4.3        Technical services rendered by junior engineer of Party A are charged and paid at RMB[·] Yuan per hour per head;

5.5        Within the first five working days of each month, Party A shall based on the work hours performed by its engineers during the preceding month and the time costs as set out in this Agreement calculate the technical service fees and issue billing statement to Party B.  The billing statement shall contain the number of hours performed by each class of engineer of Party A.  Party B shall pay the technical service fees as stated on the billing statement within three working days after receiving the billing statement.

 

6.         Equipment Supply

 

6.1        Except the circumstances as set out in Article 2.2 or Article 2.3 of this Agreement, any equipment as required in the course of business conducted by Party B (including but not limited to, Internet Information Service Business, Mobile Value-added Telecommunication Business, Online Advertising Business, etc.) shall be supplied by Party A on an exclusively basis or by the supplier appointed by Party A, and the detailed method of supply (including but not limited to lease, sale, transfer, etc.) shall be decided by Party A on its own discretion.

6.2        Both parties shall discuss to sign a detailed equipment transfer or equipment lease agreement in which the method, price, terms and other specific subject regarding equipment supply shall be expressly stipulated.

 

7.         Payment of Costs

 

7.1        In respect of the various technical service rendered by Party B to Party A, Party B shall make payment to Party A of costs and expenses in connection with corresponding technology transfer, technology licensing, technical service, equipment, etc.

7.2        For various costs and expenses as described above paid by Party B to Party A, Party A shall issue corresponding invoices to Party B.

7.3        In case that Party A appoints a third party to render technical service to Party B in accordance with provisions herein, in respect of the payment of costs to such third party, Party A may choose either payment method of the following and require Party B to perform:

7.3.1        Party B will pay the costs of technical service to the third party directly;

7.3.2        Party B will pay the costs of technical service to Party A directly and Party A will be responsible for the settlement with such third party.

7.4        To the extent that Party A appoints a third party to provide technical service to Party B pursuant to this Agreement, Party B must indemnify Party A of all economic losses that Party A has suffered arising from any joint and several liability that Party A is to bear for the reason of Party

 

 

B.

 

8.         Assets Ownership

 

8.1        Both parties agree that the ownership of the following assets that come into existence during the process of technical services providing by Party A to Party B shall be entitled to Party A:

8.1.1        texts, photographs, layout designing and any other graphics or information contents created or produced by Party A; except for those the copyrights of which are owned by the third party;

8.1.2        database (including, but not limited to, database to store contents and to store the information of registered users), software developed by Party A for Party B and any content of such database;

8.1.3        any other tangible or intangible assets coming or deriving from the process of technical services provided by Party A to Party B subject to this Agreement, except for those owned by Party B with definite evidences.

8.2        Party B recognizes Party A’s ownership of such assets and promises not to claim against any of such assets, and upon request from Party A, shall render any necessary assistance, including, but not limited to, producing the corresponding certificates, if necessary, to clarify the ownership of the aforesaid assets held by Party A.

8.3        Within the cooperation period of both parties, any equipment, technology and software of Party A provided to Party B, except for those that have been transferred to Party B subject to the terms of this Agreement or other written agreements expressly, shall be part of assets owned by Party A and Party B enjoys the right to use such assets during the term of this Agreement only.

 

9.         Confidentiality

 

9.1        Either party shall keep any confidential material or information (hereinafter referred to as the “Confidential Information”) of the other party acquired or made available in signing or performing this Agreement confidential and shall not disclose, give or transfer such confidential information to any third party without the consent of the other party .

9.2        Either party shall, upon request of the other party, return to, destroy or dispose otherwise any document, data or software carrying confidential information of the other party, and shall not use such Confidential Information thereafter.

9.3        After termination of this Agreement, obligations of each party under this Agreement shall not cease.  Each party shall still abide by the confidentiality clause of this Agreement and perform its obligation of confidentiality until the other party approves release of that obligation or violation of such confidentiality clause of this Agreement will not result in any prejudice to the other party practically.

 

10.       Payment of Tax

 

10.1      Both parties shall pay taxes to the concerned taxation authority respectively in accordance with laws and rules and national policies.

10.2      If either party withholds and pays any tax for the other party, the paying party shall deliver the relevant tax payment certificates to the other party, who shall then refund the same amount as that of the tax payment to the paying party within seven (7) days after receiving such certificates.

 

11.       Representation, Undertaking and Warranty

 

11.1      Either party represents, undertakes and warrants to the other party the following:

11.1.1      Be a company legally incorporated and existing;

11.1.2      Have all competence and qualifications to conduct the transaction that is within its

 

 

legally registered business scope prescribed under this Agreement;

11.1.3      Have all authorization and competence to enter into this Agreement and have authorized its representative with sufficient power to sign this Agreement on behalf of such party respectively;

11.1.4      Have capability to perform the obligations under this Agreement and performing such obligations dose not constitute any breach of any restriction of legal documents binding upon such party;

11.1.5      Not subject to any liquidation, dissolution or bankruptcy proceeding.

11.2      Party B warrants that during the term of this Agreement Party B may give Party A 30 days prior notice if Party B has any change to its equity structure.

11.3      Party B warrants that it shall not use and copy the trademark, the logo and the company name of Party A or its affiliates without prior written consent of Party A, except necessary for the work stipulated in this Agreement.

11.4      Party B shall neither conduct at its own nor allow any third party to conduct any action or omission to the technology or any other intellectual property or any other right of Party A.

 

12.       Liability for Default

 

12.1      Any breach of any provision of the Agreement directly or indirectly or failure of performance, delay in or inadequately performing, by either party, the obligations hereunder shall constitute a breach of this Agreement.  The non-default party (the “Non-default Party”) shall have the right to request the default party (the “Default Party”) by written notice to make remedies of its breach and take sufficient, effective and timely measures to eliminate the results caused by such breach and indemnify the Non-default Party of the losses arising from such breach of the Default Party.

12.2      After any breach occurs, the Non-default Party shall, in its reasonable and objective judgment, holds that the breach has resulted in impossibility or unfairness for the Non-default Party to perform the relevant obligations under this Agreement, have the right to discontinue its relevant obligations under this Agreement by written notice to the Default Party until the Default Party terminate its breach and take sufficient, effective and timely measures to eliminate the results caused by such breach and indemnify the Non-default Party of the losses arising from such breach of the Default Party.

12.3      The losses indemnified by the Non-default Party to the Default Party shall include any direct economic losses and any predictable indirect losses and additional expenses suffered by the Non-default Party arising from any breach by the Default Party, including but not limited to legal costs, action and arbitration fees, financial expenses, travel expenses, etc.

 

13.       Force Majeure

 

13.1      “Force Majeure” shall mean any event out of the reasonable control of the parties, non-foreseeable, or unavoidable even has been foreseen and such event hinders, affects or delays performance by either party of all or part of its obligations according to this Agreement, including, but not limit to, acts of government, natural disasters, war, hacker attack or any other similar events.

13.2     The party suffering from Force Majeure may suspend performing its relevant obligations under this Agreement that can not be performed due to Force Majeure until the effect of Force Majeure is eliminated without bearing any liability of breach, provided that, such party shall make its best efforts to overcome such event and mitigate its negative effects.

13.3      The suffering party from Force Majeure shall provide the other party with legal certifications of such event issued by the notary office (or other proper agency) of the area where the event occurs, in case of failure to do so, the other party may request the suffering party to bear any liability for breach according to the provisions of this Agreement.

 

 

14.       Effectiveness, Modification and Termination

 

14.1      This Agreement shall become effective on the date of its being signed and sealed by the authorized representatives of both parties and shall continue in force until Party B is dissolved according to law.

14.2      Unless otherwise expressly provided herein, Party A shall have the right to terminate this Agreement immediately at its own discretion by written notice at any time, in case that any of the following circumstances occurs to Party B:

14.2.1      Party B breaches this Agreement, and have not corrected its breach or take sufficient, effective and timely measures to eliminate the results caused by such breaching and indemnify Party A of the losses arising from such breach of the Party B, within thirty (30) days after the date of notice by Party A;

14.2.2      Party B goes bankrupt or enters into a liquidation proceeding and such proceeding is not withdrawn within seven (7) days;

14.2.3      Party B can not perform this Agreement for over twenty (20) days due to Force Majeure.

14.3      Notwithstanding the aforesaid provisions, Party B agrees that Party A shall have the right to terminate this Agreement at any time by twenty (20) days written notice without any reason.  Party B shall not terminate this Agreement during the term of this Agreement other than according to the provisions herein.

14.4      Earlier termination of this Agreement shall not release either party from performing its rights and obligation that has come into existence prior to such termination.

 

15.       Serve of Notice

 

15.1      Any notice required relating to this Agreement from one party to the other party shall be in writing and then sent by person, by fax, telex, teletex or email, or prepaid registered mail, express mail, which shall be deemed as being served on the date when sent by person, by fax, by telex or email or on the third day after being sent by prepaid registered mail or express mail.

 

16.       Settlement of Disputes

 

16.1      The parties shall settle disputes in good faith regarding interpretation and performance of any provisions of this Agreement by consultation.

16.2      The dispute failed to be resolved by consultation shall be referred to the China International Economic and Trade Arbitration Committee for arbitration according to its arbitration rules in force.  The place of arbitration shall be in Beijing; and the language used in arbitration shall be Chinese.  The award of arbitration shall be final and binding upon both parties.

16.3      The PRC laws shall be governed for the conclusion, validity, implementation, interpretation and dispute resolution of this Agreement.

 

17.       Miscellaneous

 

17.1      This Agreement is made in duplicate, and each party holds one copy, which are equally authentic.

17.2      Headings contained in this Agreement are for convenience only and shall not impose any effect upon interpretation of any provisions of this Agreement.

17.3      Both parties may make amendments and supplements to this Agreement in written form, which shall be part of this Agreement with equal legal force.

17.4      If any provision of this Agreement is entirely or partially invalid or unenforceable for the reason of violating laws or government regulations or other reasons, the affected part of such provision shall be deemed as deleted.  But deleting the affected part of such provision shall not impose any effect upon the legal effect of other part of such provision and other provisions of

 

 

this Agreement.  The parties shall negotiate and make new provision to replace such invalid or unenforceable provision.

17.5      Unless otherwise stipulated, failure of or deferred exercise by either party of any rights, power or privilege under this Agreement shall not be deemed as waiver of such rights, power or privilege.  Neither single nor partial exercise of any rights, power or privilege shall hinder the exercise of other rights, power or privilege.

17.6      This Agreement constitutes the entire agreement concluded by the parties regarding to the subject matters of cooperation program and shall supersede any previous or present, verbal or written agreements concluded by the parties regarding such subject matters of cooperation program.  Unless otherwise expressly provided herein, there exist no any other expressed or implied obligations or covenants between the parties.

17.7      The parties may negotiate otherwise in respect of any other issues not covered by this Agreement.

 

 

	
[wholly owned subsidiary]
    	
 
    	
[VIE]
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Authorized Representative:
    	
 
    	
Authorized Representative:
    
	
 
    	
 
    	
 
    

 

 

Appendix I:            Contents of Technical Service

 

Both parties agree that the contents of the technical service specified by this Agreement shall include, but not limited to, the following:

 

1.         Technical Support to Mobile Value-added Telecommunication Business

 

1.1        Party A agrees to serve as the technical service supplier and render the technical service as required in the course of Mobile Value-added Telecommunication Business to party B subject to terms and conditions of this Agreement, including, but not limited to the following in connection with Mobile Value-added Telecommunication Business:

1.1.1        development, update and upgrade of user-end software;

1.1.2        development, update and upgrade of network server-end software;

1.1.3        technical development and maintenance of database;

1.1.4        technical development of system;

1.1.5        overall designing of system;

1.1.6        installation and debugging of system;

1.1.7        trial operation and testing of system;

1.1.8        installation and debugging of systematic expansion;

1.1.9        examination and maintenance of operational hardware equipment;

1.1.10      daily maintenance of system software;

1.1.11      update and upgrade service of software.

 

2.         Technical Support for Internet Information Service Business

 

2.1        Party A agrees to provide technical service in connection with Internet Information Service Business to party B including, but not limited to the following:

2.1.1        development, update and upgrade of network user-end software;

2.1.2        development, update and upgrade of network server-end software;

2.1.3        technical development and maintenance of database;

2.1.4        technical development of system, overall designing, testing, installation and debugging, and installation and debugging of system expansion, examination and maintenance of operational hardware equipment, routine maintenance of software; update and upgrade service of software in connection with Internet Information Service Business.

2.2        Prepare, calculate, integrate information used by party B for Internet Information Service Business including, but not limited to those concerning press, finance and economics, science and technology, sport, entertainment, game, fashion, education, medical treatment, sanitation, culture, human resources etc., database programming and design of technical platform, assist in deciding the frame and channel structure of the said contents and provide contents update service on technical level.

2.3        Provide designing and technical support for web pages to party B and assist party B to provide easy and friendly interface of various services such as news, shopping, medical treatment, chat, entertainment, search and registration to end users.

2.4        In relation to the system software provided by Party A to Party B for its website operation, Party A shall provide Party B with instruction manual and other information documents of the operational system software of the website.

2.5        In the event that Party B needs to modify the website system environment including operational system environment and database environment, Party A shall render relevant solutions when assistance is needed.

2.6        Assist party B in settlement of problems arising from installation and operation of operational equipment of the websites.

 

 

3.         Technical Support for Online Advertising Business

 

3.1        Party A agrees to provide technical service to Party B in relation to online advertising business.  The specific technical service contents include but not limited to:

3.1.1        development, update and upgrade of online advertisement publishing software;

3.1.2        installation and debugging of online advertisement publishing software;

3.1.3        technical maintenance of online advertisement publishing software;

3.1.4        design and production of online advertisement.

 

4.         Technical Training

 

4.1        Party A agrees to provide the following training service to party B and its staffs:

4.1.1        skill training for installation and operation of the equipment and facilities;

4.1.2        training service for customers service or technical or other matter;

4.1.3        training for application of online editing software.

 

5.         Technical Consultation

 

5.1        Provide consultation service for the purchase of equipment and software and hardware system required for Internet Information Service Business conducted Party B, including, but not limited to technical advice for selection, systematic installation and debugging of various facilities, applications and technical platform as well as selection and purchase, model and performance of associated hardware facilities and equipment.

5.2        In relation to technology project specified by party B, Party A agrees to provide technical consultation service including technical verification, technical forecast, technical investigation for specific subject, report of analysis and assessment to party B.

5.3        Provide technical consultation for application of network software, hardware, equipment and online editing software of the system set or to be set by party B.

5.4        Provide the following information to party B: domestic, oversea and party B’s network service including investigation, analysis and assessment report of trend, technology, cost and income of special network service.

5.5        Party B may make problem inquiry or function consultation on specific technical problems through Email, telephone, fax and the engineers of party A shall assist Party B to settle such problems for clients.

5.6        In case of any emergency out of control of Party B, the engineers of Party A may, with consent of Party A, have a remote logging into the system to inspect system status and solve problems.

5.7        Party A may within its capacity meet the requirements of other technical consultations proposed by party B.

 

[No text below]Exhibit 4.16

 

Form Exclusive Sales Agency Agreement

 

This Agreement is entered into on this [·] day of [·] in [·], by and between the following two parties:

 

	
Party A:
    	
[wholly owned subsidiary]
    
	
Address:
    	
[·], Beijing, China
    
	
 
    	
 
    
	
Party B:
    	
[VIE]
    
	
Address:
    	
[·]
    

 

Whereas:

 

(1)                      Party A is a limited liability company incorporated in the People’s Republic of China (hereinafter the “PRC”) and valid existing, principally engaged in [·];

 

(2)                      Party B is a limited liability company registered in [·], principally engaged in operation of [·] business;

 

(3)                      For the purpose of business operation, Party B decides to empower Party A as its exclusive sales agent for all its products and services, and Party A agrees to act as the exclusive sales agent of Party B.

 

NOW, THEREFORE, the parties, through friendly consultation, hereby agree as follows in respect of the specific issues concerning the sales agency service provided by Party A to Party B:

 

1.                            Definition and Interpretation

 

1.1                       “Internet Information Service Business” means the business to provide web users with various information services via Internet, including but not limited to, search engines, online publishing, online games, E-mail and website construction.

 

1.2                       “Mobile Value-added Telecommunication Business” means the business to provide mobile users with value-added services such as mobile information service and positioning service via the service platform connected to the mobile network.

 

1.3                       “Online Advertising Business” means the business to publish online advertisements via Internet for customers.

 

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2.                            Exclusive Agent

 

2.1                       Party B agrees that Party A has the right to act as the exclusive sales agent for all products and services of Party B, unless Party A waives the right or Party A objectively is unable to act as the sales agent for certain product or service of Party B due to statutory provisions or restrictions of its own resources, the selling of any product or service of Party B by any means or in any territory must be conducted through the agency of Party A on an exclusive basis.

 

2.2                       To the extent that Party A objectively is unable to act as the sales agent for certain product or service of Party B, Party B agrees that the agency for such product or service shall be conducted by an appropriate third party solely appointed by Party A.

 

2.3                       Party A has the right to develop sub-agents in the territory of its agency, provided that the rights to which such sub-agents are entitled shall not exceed the rights of Party A.

 

2.4                       Party B further agrees, in case Party A deems necessary, Party A has the right to appoint a third party to replace Party A to act as the sales agent of products and services of Party B.

 

2.5                       Without prior written consent of Party A, Party B shall not have any third party other than Party A to sell or participate to sell any product or service of Party B by any means, including but not limited to agency.

 

3.                            Product Agency

 

3.1                       Party A has the right to act as the exclusive agent to sell all products and services of Party B, including but not limited to the following which is operated by Party B:

 

3.1.1                        all products and services in connection with the Internet Information Service Business;

 

3.1.2                        all products and services in connection with the Mobile Value-added Telecommunications Business;

 

3.1.3                        all products and services in connection with the Online Advertising Business;

 

3.1.4                        other products and services that Party B is introducing at present or in the future.

 

4.                            Territory

 

4.1                       The territory for agency under this Agreement includes both the territory in the geographical sense and the territory of virtual space.  The territory in the

 

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geographical sense means any territory within the People’s Republic of China.  The territory of virtual space means TV, Internet, mobile communication network and any other distribution network, i.e., the selling of products or services of Party B via TV, Internet, mobile communication network and any other distribution network (including, but not limited to TV shopping, online shopping, mobile shopping, etc.) shall be conducted by Party B on an exclusive basis.

 

5.                            Term

 

5.1                       The term for the agency under this Agreement commences since the Agreement becomes effective until Party B dissolves according to law.

 

6.                            Pricing

 

6.1                       The retail price for any product or service of Party B shall be determined by both parties, in case any adjustment is needed, such adjustment shall also be determined by both parties.

 

6.2                       In relation to any product or service of Party B, the price that Party A is entitle for agency in any case shall not exceed 40% of the retail price of such product or service (for example, if the retail price of a certern product/service of Party B is RMB 100, then the agency price to Party A shall not be higher than RMB 40, exclusive of agency expenses), or 110% of the cost of production of such product or service (for example, if the cost of prodcution of a certern product/service of Party B is RMB 10, then the agency price to Party A shall not be higher than RMB 11), whichever is lower.

 

7.                            Sales Support

 

7.1                       Party B may give assistance to Party A in marketing campaigns in its online and offline advertisings.

 

7.2                       Party B shall furnish Party A with necessary advertising material in connection with selling of products or services of Party A.

 

7.3                       The after-sale services for products or services of Party B shall be born by Party B.  Party A shall be responsible for settling any dispute caused by the fault of Party A and for corresponding liabilities on its own discretion.

 

8.                            Implementation

 

8.1                       Both parties agree to enter into the specific sales agency agreement in respect of each detailed product or service of Party B in which the detailed agency method, agency price, payment of agency expenses and other relevant issues shall be stipulated in accordance with the principles established by this Agreement.

 

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9.                            Confidentiality

 

9.1                       Either Party shall keep confidential of, and without the written consent of the other Party may not disclose, give or transfer to any third party, any confidential data and information (hereinafter the “Confidential Information”) known to it or obtained by it in connection with the execution or performance of this Agreement.

 

9.2                       Either Party shall at the request of the other Party, return to the other Party, or destroy, or dispose of otherwise, in each case as requested by the other Party, and may not continue to use, any document, data or software that contains any Confidential Information of the other Party.

 

9.3                       The obligations of the Parties under this Section shall survive any termination of this Agreement.  After the termination of this Agreement, each Party shall continue to comply with the confidentiality provisions and perform its confidentiality obligations hereunder until the other Party agrees to release it from such obligations or the other Party will not as a matter of fact, be harmed in any way by any violation of the confidentiality provisions hereunder.

 

10.                     Tax

 

10.1                 Each Party shall pay taxes to the competent tax authorities in accordance with applicable PRC laws and policies.

 

10.2                 In the event that either Party pays any tax on behalf of the other Party, the paying Party shall deliver the relevant tax receipt to the taxable Party and the taxable Party shall, within seven (7) as from its receipt of such tax receipt, pay the paying Party an amount equal to the tax so paid.

 

11.                     Representation, Undertaking and Warranty

 

11.1                 Each Party hereby represents, undertakes and warrants to the other Party as follows:

11.1.1                  it is a company duly established and validly existing;

11.1.2                  it has the qualification to perform the transaction contemplated hereunder and such transaction is covered under its scope of business;

11.1.3                  it has the full power to execute this Agreement and its authorized representative has been fully authorized to execute this Agreement on its behalf;

11.1.4                  it has the capacity to perform its obligations hereunder and such performance by it does not violate any restriction in any legal document binding upon it; and

 

11.2                 It is not subject to any liquidation, dissolution or bankruptcy proceedings.

 

12.                     Default Liability

 

12.1                 Any direct or indirect breach by either Party of any provision in this Agreement, or any failure of either Party to assume at all or to assume in time and in full any of its obligations under this Agreement shall constitute a default hereunder.  In such case,

 

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the non-defaulting Party (the “Non-defaulting Party”) shall notify the defaulting Party (the “Defaulting Party”) in writing to cure its breach and take adequate, effective and timely measures to eliminate the effect of such breach and indemnify the Non-defaulting Party against any and all the losses caused by such breach.

 

12.2                 Upon the occurrence of any breach which in the reasonable and objective judgment of the Non-defaulting Party has rendered it impossible or unfair for the Non-defaulting Party to perform its respective obligations hereunder, the Non-defaulting Party shall have the right to notify the Defaulting Party in writing that the Non-defaulting Party will suspend its performance of its respective obligations hereunder until the Defaulting Party has ceased such breach, taken adequate, effective and timely measures to eliminate the effect of such breach and indemnified the Non-defaulting Party against any and all the losses caused by such breach.

 

12.3                 The losses of the Non-defaulting Party caused by the breach of the Defaulting Party that are indemnifiable by the Defaulting Party shall include the direct economic losses and any and all foreseeable indirect losses and incidental expenses, including without limitation, attorney fees, litigation and arbitration costs, financial expenses and travelling expenses.

 

13.                     Force Majeure

 

13.1                 A “Force Majeure Event” means an event that is beyond the reasonable control of, or unforeseeable or even if foreseeable but unavoidable by the Parties, and would prevent, affect or delay the performance by either Party of its respective obligations hereunder, including without limitation, a governmental act, natural disaster, war, hacker attack or any other similar event.

 

13.2                 The Party affected by a Force Majeure Event may suspend the performance of the obligation hereunder that is rendered unable to be performed due to the occurrence of such Force Majeure Event until the elimination of the effect of such Force Majeure Event, without any liabilities therefor; provided, however, that such Party shall try its best endeavors to overcome such Force Majeure Event and mitigate the adverse effect thereof.

 

13.3                 The Party affected by a Force Majeure Event shall provide the other Party with legal certificate issued by a notary public office or any other appropriate authority located in the place where such event occurs to demonstrate the occurrence of such Force Majeure Event.  Failure to provide such certificate shall entitle the other Party to bring a claim against the Party affected by such Force Majeure Event for the assumption of default liabilities.

 

14.                     Effectiveness, Amendment and Termination

 

14.1                 This Agreement shall take effect upon being signed by and affixed with the seal hereonto by the authorized representatives of the Parties until the term of agency

 

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expires.

 

14.2                 Unless otherwise specified herein, upon the occurrence of any of the following events to Party B, Party A shall have the right to forthwith terminate this Agreement on a unilateral basis by a written notice to Party B at any time:

 

14.2.1                  Party B commits a breach hereunder, and within thirty (30) days after the written notice of breach from Party A, fails to cure such breach, to take adequate, effective and timely measures to eliminate the effect of such breach and to indemnify Party A against any and all the losses caused by such breach;

 

14.2.2                  Party B becomes bankrupt or has entered into liquidation proceedings which have not been cancelled within seven (7) days; or

 

14.2.3                  Party B is rendered unable to perform this Agreement for more than twenty (20) consecutive days as a result of a Force Majeure Event.

 

14.3                 Notwithstanding the aforesaid provisions, Party B agrees that Party A shall have the right to terminate this Agreement prior to the expiration at any time by twenty (20) days written notice without any reason.

 

14.4                 Any premature termination of this Agreement shall not affect any right or obligation of either Party accrued hereunder prior to such termination.

 

15.                     Serve of Notice

 

15.1                 Any notice relating to this Agreement from one Party to the other shall be in writing and delivered (i) in hand, by fax, telegraph, telex, or email, and deemed to have been properly received on the date of delivery, or (ii) by registered mail (postage prepaid) or EMS, and deemed to have been properly received three (3) days after being delivered to the postal service.

 

16.                     Disputes Resolution

 

16.1                 Any dispute between the Parties in relation to the interpretation or performance of any provision hereunder shall be resolved through amicable consultations between the Parties.

 

16.2                 Any dispute fails to be so resolved through such consultations shall be referred to China International Economic and Trade Arbitration Commission (the “Commission”) for arbitration in accordance with its then effective arbitration rules. The arbitration proceedings shall be conducted in Beijing in Chinese.  An arbitral award by the Commission shall be final and binding upon both Parties.

 

16.3                 The conclusion, effectiveness, performance, interpretation and dispute resolution shall be governed by the laws of the PRC.

 

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17.                    Miscellaneous

 

17.1                 This Agreement shall be executed in two (2) counterparts with equal legal force and effect, with one (1) for each Party.

 

17.2                 Headings herein are inserted for ease of reference only and shall not affect the interpretation of any provision herein.

 

17.3                 The Parties may amend and supplement this Agreement by written agreements.  Any amendment or supplement to this Agreement executed by and between the Parties shall constitute an integral part hereof and shall have the equal legal force herewith.

 

17.4                 In case any provision in this Agreement is or becomes invalid or unenforceable in whole or in part due to noncompliance with any law or governmental regulation or otherwise, the part of such provision affected thereby shall be deemed to have been deleted from this Agreement; provided, however, that such deletion shall not affect the legal force and effect of any other part of such provision or any other provision in this Agreement.  In such case, the Parties shall negotiate for a new provision to replace such invalid or unenforceable provision.

 

17.5                 Unless otherwise specified herein, any failure of either Party to exercise or any delay of either Party in the exercise of any of its rights, powers or privileges hereunder shall not be deemed as a waiver of the exercise of such right, power or privilege.  Any single or partial exercise of any right, power or privilege shall not prejudice the exercise of any other right, power or privilege.

 

17.6                 This Agreement shall constitute the entire agreement between the Parties in respect of the subject matter of the cooperation project, and shall supersede any and all the prior or contemporaneous agreements, understandings and communications, oral or written, between the Parties in respect of the subject matter of the cooperation project.  Except as expressly provided herein, there does not exist any express or implicit obligation or undertaking between the Parties.

 

17.7                 Any matter not covered hereunder shall be subject to further negotiations between the Parties.

 

	
[wholly owned subsidiary]
    	
 
    	
VIE
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Authorized   Representative:
    	
 
    	
Authorized   Representative:
    
	
 
    	
 
    	
 
    

 

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