Document:

Unassociated Document

    EXHIBIT
      4.8

     

    Lease
      Agreement

     

    Shenzhen
      Huiye Technology Co. Ltd. or Shenzhen Huiye, herein as Lessor

    Golden
      Group Corporation (Shenzhen) Limited, herein as Lessee. 

    

    
      	        1.  	
              Premise:
                Huiye Technology Park, Guanguang Road, Bao’an, Shenzhen. Rent is
                payable
                monthly, and the lease terminates on April 15,
                2008.

            

    

     

    
      	        2.  	
              Area
                and rent : See appendix. 

            

    

     

    
      	        3.  	
              Term:
                The term of this lease is to commence in April 2006 and continue
                until April
                15, 2008. 

            

    

     

    
      	        4.  	
              Deposit
                and Rent

            

    

     

    	a.  	
            Deposit:
              

          

     

    	i.  	
            The
              deposit is RMB 50,000. 

          

     

    	ii.  	
            On
              execution of this agreement, Lessee agrees to deposit with Lessor the
              sum
              of RMB 50,000, as security for the full and faithful performance by
              Lessee
              of this agreement, all of which shall be refundable within 7 days from
              the
              date of expiration of the contract. No portion of the deposit will
              be
              refunded until Lessee has surrendered the entire premise.
              

          

     

    	iii.  	
            If
              Lessee terminates the lease unilaterally before the expiration of the
              contract, Lessor may abate the deposit accordingly.
              

          

     

    	iv.  	
            Lessor
              may retain all or a portion of the security deposit for any damages
              caused
              by Lessee. 

          

     

    	b.  	
            Rent:
              

          

     

    	i.  	
            Lessee
              agrees to pay rent monthly. Lessee does not need to pay rent for the
              duration from April 16, 2006 to June 15, 2006.

          

     

    	ii.  	
            A
              late fee will be assessed if Lessee is late in rendering the payment.
              In
              the event of nonpayment,
              Lessor may place a lien on the property
              and can terminate the lease or resort to other legal remedies, at the
              option of Lessor. 

          

     

    	iii.  	
            Lessee
              must give one month notice if Lessee wishes to terminate the lease
              before
              the expiration date. Early termination of the lease is subject to Lessor’s
              approval. A fee equal to the amount of 45 days rent will apply if the
              early termination is approved.

          

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	        5.  	
              Lessor’s
                Obligations 

            

    

     

    	a.  	
            Lessor
              agrees to provide and maintain good and clean conditions of the
              premise.

          

     

    	b.  	
            Unless
              caused by the negligence of the Lessee, Lessor shall be responsible
              for
              repairs to the premise, not including any attachments to the
              premise.

          

     

    	c.  	
            Unless
              provided in this agreement, Lessor cannot terminate the lease before
              the
              expiration date.

          

     

    	d.  	
            Lessor
              reserves the right to adjust the rent and the amount of the deposit
              based
              on changes of any related regulations.

          

     

    
      	        6.  	
              Lessee’s
                obligations

            

    

     

    	a.  	
            Lessee
              must render rent and other applicable fees in a timely
              manner.

          

     

    	b.  	
            Lessee
              is responsible for all the repair and maintenance except those borne
              by
              Lessor pursuant to this agreement or those caused by Acts of God.
              

          

     

    	c.  	
            Lessee
              shall make no alterations or construct or demolish any part of the
              building without Lessor’s consent. 

          

     

    	d.  	
            Lessee
              needs to obtain Lessor’s consent before making any alteration to the
              electricity or plumbing system of the building. If such changes are
              made,
              Lessee agrees to restore the system to the original state by the
              expiration of the lease. 

          

     

    	e.  	
            Lessee
              shall not assign the lease to another party and must refrain from any
              illegal activities within the premise. 

          

     

    	f.  	
            Lessee
              is responsible for any economic loss caused by Lessee’s negligence and
              incurred to a third person or Lessor. 

          

     

    	g.  	
            Lessee
              agrees to comply with all the regulations and rules set forth by Lessor.
              

          

     

    	h.  	
            Lessee
              is responsible for any loss incurred to Lessor caused by Lessee’s
              involvement in a legal proceeding. 

          

     

    	i.  	
            Lessee
              is not allowed to place its items in a public area of the premise without
              Lessor’s consent. 

          

     

    	j.  	
            Lessee
              is responsible for payment to entities providing utilities and other
              public services to the premises during the term of the Lease.
              

          

     

    
      	        7.  	
              Any
                party can terminate the contract if a material breach on the part
                of other
                party occurs.
                

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	        8.  	
              Lessee
                must give 30 days notice to Lessor regarding the renewal of the
                contract.

            

    

     

    
      	        9.  	
              If
                the building is demolished as a result of an unexpected condition
                of
                nature, either
                party can terminate the lease. 

            

    

     

    
      	        10.    
              	
              This
                lease may be supplemented and amended by both parties.
                

            

    

     

    Shenzhen
      Huiye Technology Co. Ltd. 

    Seal

    

    Golden
      Group Corporation (Shenzhen) Limited

    /s/
      Jianguo Jiang

     

    Appendix.
      

     

    
      	
              Building
                number

               

            	
              Area

               

            	
              Term
                

               

            	
              Standard

               

            
	 	
              3288
                square meter

               

            	
              04/16/2006-
                04/15/2008

               

            	
              RMB
                11 square meter (tax included)Unassociated Document

    EXHIBIT
      4.9

     

    Cooperation
      Agreement

     

    Parties

    Golden
      Group Corporation (Shenzhen) Limited

    Graduate
      School (Shenzhen) of Beijing University or GSBU (Shenzhen)

    

    February
      17, 2006

    

    Golden
      Group Corporation (Shenzhen) Limited (“Golden Group”) enters into a cooperation
      agreement with the Graduate School (Shenzhen) of Beijing University, or GSBU
      (Shenzhen), whereby both parties agree to join their efforts to establish a
      laboratory to conduct research in the field of video surveillance (the
“Laboratory”). 

    

    Cooperation
      Arrangement 

     

    1.
      GSBU
      (Shenzhen) agrees to provide office and laboratory facilities while Golden
      Group
      agrees to furnish the necessary equipment and to provide RMB 2 million to GSBU
      (Shenzhen). A separate account will be established under the name of the
      Laboratory. Payments by Golden Group shall be made directly to the account
      of
      the Laboratory and shall be used solely to purchase needed equipment for the
      Laboratory or conduct related research.

    

    2.
      GSBU
      (Shenzhen) agrees to conduct research on the projects defined by Golden Group,
      as well as related academic theories, mostly in the field of video surveillance.
      The Laboratory will be operated mainly by professors and students from GSBU
      (Shenzhen), alongside with the assistance of 2-4 Golden Group engineers.

    

    3.
      After
      the execution of the agreement, the Laboratory will be named Beida-Golden
      Laboratory System for Video Surveillance. 

    

    Rights
      and obligations

     

    1.
      Payments by Golden Group will be disbursed on a project-by-project basis and
      shall be used solely for the purpose of purchasing needed equipment for the
      Laboratory or conducting related research. 

    

    2.
      GSBU
      (Shenzhen) agrees to assign its outstanding graduate students to work for the
      Laboratory, and the expense and compensation for the students’ research will be
      covered by the project funding provided by Golden Group. 

    

    3.
      GSBU
      (Shenzhen) agrees to provide two offices for the use of Golden Group engineers.
      

    

    4.
      The
      compensation and expense of the engineers will be borne by Golden Group.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    5.
      Any
      research product jointly developed by Golden Group and GSBU (Shenzhen) will
      be
      jointly owned by Golden Group and GSBU (Shenzhen) and cannot be transferred
      by
      one party to a third party without the consent of the other party. 

    

    6.
      The
      intellectual property rights of any product generated from projects requested
      by
      Golden Group will be owned by Golden Group and cannot be transferred without
      Golden Group’s consent. 

    

    7.
      GSBU
      (Shenzhen) further agrees to keep confidential any information derived directly
      or indirectly from the research projects. 

    

    8.
      Both
      parties agree to join their efforts in expanding their international
      communications and cooperation. 

    

    9.
      GSBU
      (Shenzhen) agrees to provide professional and theoretical training to Golden
      Group’s employees. 

    

    10.
      Both
      parties agree to cooperate in publishing articles and academic publications
      in
      the fields of computer security and video surveillance. 

    

    12.
      Golden Group agrees to provide students at GSBU (Shenzhen) with opportunities
      to
      tour Golden Group and observe its business operations, subject to Golden Group’s
      regulations. 

    

    The
      agreement may be subsequently amended or supplemented by both parties.

    

    Golden
      Group Corporation (Shenzhen) Limited

    /s/
      Jianguo Jiang

    

    Graduate
      School (Shenzhen) of Beijing University 

    Seal

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]