Document:

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                                                                   EXHIBIT 10.26

No.: TD0130

                                Lease Agreement

LESSOR: BEIJING GAOLING ESTATE DEVELOPMENT CO., LTD

LESSEE: BEIJING AIRINBOX INFORMATION TECHNOLOGIES CO., LTD

      The Tengda Building to be rented by the lessee is owned by the lessor.
      Through friendly negotiation and according to <Contract Law of the
      People's Republic of China> and related regulations, the two parties reach
      the agreement as below to define the rights and obligations of the lessor
      and lessee.

Article 1 Renting Fee, Real Estate Management Fee and Guaranty Money

      1.1 The lessor agrees to lease to the lessee the rooms on 32nd Floor and
      33rd Floor of Tengda Building admitted by the parties (for short "the
      house" as follows) with the total acreage of 4, 600 square meters to be
      utilized as office room. (The ichnography of this room please refer to
      Appendix 1 of this Agreement for details, the ichnography is simply
      supplied to confirm the location.)

      1.2 The term of the lease is 2 years, leasing from the date of May 28,
      2004 to May 27, 2006.

      1.3 The renting fee is USD 14.9 dollars/Month/Sq. M. (RMB 4.12
      YUAN/Day/Sq.M) while the Management Fee is USD 3.6 dollars/Month/Sq. M.
      (RMB 1 Yuan/Day/Sq. M). So the total amount (including the management fee)
      of each month is USD 57,276.00 dollars (RMB 475,390.80). Every month is
      calculated as 30 days in this agreement. The renting fee and management
      fee shall be prepaid every month, which means the lessee shall pay the
      renting fee and management fee of next month on the 18th day of every
      previous month.

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      The payment shall be made in RMB and effected by the time of the receipt
      by the lessor.

      1.4 When the term of the agreement is more than 2 years, the lessor
      reserves the right to adjust the renting fee and management fee after two
      years.

      1.5 The lessee shall give three months' renting fee and management fee to
      the lessor , which amount to USD 171,828.00 dollars(RMB 1,426,172.40 Yuan,
      totally in words ONE MILLION FOUR HUNDRED AND TWENTY SIX THOUSAND AND ONE
      HUNDRED SEVENTY TWO YUAN AND FORTY CENTS, to serve as guaranty for duly
      performance of the agreement .(hereafter as "guaranty money").

      1.6 The lessee can rescind the agreement by written notice if the lessor,
      without any fault or negligence, cannot deliver the house to lessee after
      two months since the leasing date. Under such circumstances, the lessor
      shall return the renting fee and management fee having received back to
      the lessee. (the interests not included)

      1.7 During the period of the lease, if the lessee violates the provisions
      and conditions of the agreement (including defaulting renting fee,
      management fee, damages and defective performance of the agreement ) and
      cause damages to the lessor , the lessor shall have right to deduct part
      of or entire guaranty money to compensate the loss, which the lessor has
      suffered, and the expense, which the lessee shall have paid. If the
      guaranty money is less than the amount required in Clause 5 above, the
      lessee shall make it up within three days since receiving the written
      notice of the lessor, Otherwise, the lessor has right to take such
      measures as shutting off power and telephone, even releasing the agreement
      and claiming for the losses it has suffered for the insufficient guaranty
      money.

      1.8 On condition that lessee fully performs provisions of the agreement,
      the lessor shall return the entire guaranty money to the lessee in 30 days
      since the house is returned and the related fees are all paid up.

      1.9 Without the consent of the lessor, the lessee shall not assign the
      right of claim for the return of the guaranty money to a third party or
      serve it as guaranty.

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Article 2 the Release of the Agreement by the Lessee in the Term of Validity of
          the Agreement

      The lessee could release the agreement during the term of validity of the
      agreement with written notice to the lessor, on the condition that the
      lessee has paid up all the guaranty money to the lessor.

Article 3 the Equipments and Reconstruction of the Rented House

      3.1 The lessor shall furnish the house with the following equipments:

            a. Central air-conditioner and ceiling (including intake, automatic
            smoke sensor, gushing machine, daylight lamp).

            b. 220v electrical source, communication circuitry and faucet for
            antenna of secondary planet TV.

      3.2 Before making any fitments and reconstruction of the house, the lessee
      shall produce the blueprint and scheme for the lessor, as well as the
      introduction of the construction enterprises and its personnel. The
      construction enterprise is obligated to pay management fee RMB 30,000.00
      Yuan (as words: RMB thirty thousand Yuan) to the lessor. Only after the
      payment of guaranty money for construction and management fee could the
      construction enterprise get the written consent from the lessor to make
      the construction. The construction will be inspected and accepted by the
      lessor to confirm that it is carried out according to the blueprint and
      budget approved by the lessor without any ruin on the establishment and
      equipments of the building. The guaranty money will not return to the
      construction enterprise until the check and acceptance of the lessor. The
      cost of the construction and taxes on the additional fitments and
      equipments by the lessee shall be borne by the lessee, without reference
      to the name on the bill or its nominal name.

      3.3 In case that the lessee rents the beeline telephone number (opening an
      account in the name of the lessor in the telecom company) from the lessor
      who

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      will pay the telephone fee instead of the lessee, the lessee should pay
      RMB 5,000 Yuan each line (as words: RMB five thousand Yuan each line) as
      guaranty money of the telephone fee and RMB 300 Yuan/Year/Line (as words:
      RMB three hundred Yuan every year for each line) as circuitry maintenance
      fee. The lessee has right to choose the number of the telephone after the
      payment of the above fees. The lessor shall take charge of the affairs of
      the installations. The telephone fee should be paid by the lessee within
      in 7 days after receipt of the written notice from the lessor. The
      guaranty money will be returned back to the lessee without any interest
      after expiration. In case that the lessee brings the beeline telephone
      number itself or open an account in the name of the itself in the telecom
      company, it shall pay the lessor RMB 200 Yuan/each line (as words: RMB two
      hundred Yuan each line) at one time as circuitry occupation fee, RMB 5
      Yuan/each line (as words: RMB five Yuan each line) as transfer fee and RMB
      100 Yuan/each line (as words: RMB one hundred Yuan each line) as circuitry
      maintenance fee. The lessor shall produce assistance for the installation.

Article 4 the Renewal of the Lease

      After the expiry of the lease, the lessee has the right of priority to
      extend the term of the agreement in the same circumstances. The lessee
      shall notify the lessor in written notice three months before the expiry
      of the agreement, although the terms and conditions for the renewal shall
      be negotiated by the partied (the range for the adjustments of the price
      shall be made according to the rise or drop of Beijing real estate index
      and the general leasing price of the whole building). If the lessee does
      not make the notification in the above mentioned period, it will be
      regarded that it will not lease the house any more and shall move out of
      the house before the termination date of the agreement.

Article 5 the Return of the House

      5.1 After the expiry of the agreement, the lessee shall return the house
      according to the time notified by the lessor. If the house cannot be
      returned on time for the reason of the lessee and there exists a new
      lessee, the lessor has right

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      to request the lessee to leave the house in 3 days and deduct part of or
      entire guaranty money of the lessee. In case the guaranty money is not
      sufficient for the compensation of the losses, which the lessor has
      suffered, the lessor is entitled to claiming for the insufficient part. If
      the house has not been rented to other lessees, the lessor will deem that
      the lessee will renew the house. In this case, the renewal procedure shall
      be made by the lessee; otherwise the lessor will have right to request the
      lessee to leave the house and deduct part of or entire guaranty money.

      5.2 When the lessee return the house after expiration, the rented house
      shall be in good state (natural abrasion excepted); The lessor has right
      to deduct the guaranty money to compensate the corresponding losses when
      it finds that the house and equipments is tainted for the reason of the
      lessee. The lessee is obligated to make up the margin in case that the
      guaranty money is insufficient for the losses.

      5.3 As to accession made by the lessee to the house (shall be approved by
      the lessor), the lessor is not certainly to request the lessee to restore
      it to the original conditions. The lessor shall not pay the expenses back
      for the accession even if the lessee does not make the restoration.

Article 6 the Obligations of the Lessee

      The lessee agrees to abide by the following provisions:

      6.1 The lessee shall abide by all the rules and regulations stipulated by
      the lessor and its authorized agent.

      6.2 The lessee cannot take and allow others intentionally take any
      activities that will make the insurance of the house and the building
      invalid or possibly invalid, or will increase the insurance premium.
      Within the term prescribed by the lessor, the lessee shall make payment of
      the corresponding increase for the premium and other related expenses for
      the violation of the stipulations of this clause which induce the
      repurchase of the insurance by the lessor.

      6.3 The lessee shall not take the following activities

            1.    To utilize the house for illegal activities.

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            2.    To assign the rights of lessee under the agreement to others
                  or use the rights as guaranty.

            3.    To lease part of or the entire house to others or let others
                  use the house.

            4.    To use the house with a third party (not including affiliated
                  enterprises of the lessee which means the parent company,
                  subsidiary, branch company of the lessee or the company which
                  shares the common investment party and legal representative
                  with the lessee) or make the disclosure in others' names.

            5.    To transfer the ownerships of the ornaments, equipments and
                  articles in the house to the third party or use them as
                  security.

      6.4 The lessor shall take charge of the safety during the term of the
      lease while the loss and damages of the articles in the house shall be
      borne by the lessee. In case of fire, the lessee shall make compensation
      according to its corresponding liabilities under the specific
      circumstances.

Article 7 the Obligations of the Lessor

   The lessor agrees to abide by the following provisions:

      7.1 The lessor shall guaranteed the public establishments (including
      illumination, air-conditioner, automatic smoke sensor, shower, WC and
      elevator, etc.) are in good conditions. The repairs shall be made
      immediately after receiving the written notice of the lessee in case of
      any trouble.

      7.2 Twenty-four hours' security measures shall be strictly implemented.

      7.3 The lessor shall bear the corresponding losses, which the lessee has
      suffered, if the house cannot be ordinarily used for the reason of
      quality. ( the cases stipulated in Article 9 of this agreement and the
      losses incurred by the quality for the reason of reconstruction by the
      lessee is not included)

Article 8 Damages and Breaching Liabilities

      8.1 If the lessor suffers losses for the reason of the lessee or because
      of the intentional or negligent act of the lessee's agent or employee
      during performance of the obligations, the lessee must compensate the
      corresponding losses. On the

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      other side, if the lessee suffers losses for the reason of the lessee or
      because of the intentional or negligent act of the lessor's agent or
      employee during performance of the obligations, the lessee must compensate
      the corresponding losses.

      8.2 If the lessee breaches the agreement and stipulations in the
      appendixes and supplementary agreement and cannot make the rectification
      within 7 days since the lessor issues the written notice, the agreement is
      automatically terminated within 14 days since the written notice is
      issued. The lessee shall leave the house within 5 days since the issues of
      the written notice after the agreement is automatically terminated; at the
      same time, the lessor is entitled to claim for damages with the amount of
      three months' renting fees and management fees; the lessee also agrees to
      bear losses and expenses incurred. The lessor shall deduct the guaranty
      money for the compensation if the amount of the guaranty money the lessee
      has paid is the same as the damages. Otherwise, the lessee is obligated to
      make up the margin. The measures prescribed here are not the solitary
      measures. The lessor is entitled to take other measures in case of the
      breach.

Article 9 Exemption from Liabilities

      The lessor is exempted from liabilities in the following cases:

            1.    The temporary ceasing for the utilization of the public
                  establishments for the necessary maintenance of the building
                  or not for the reason of the lessor.

            2.    The loss, which the lessee suffers, is incurred in the event
                  of the earthquake, typhoon and other events which belong to
                  Force Majeure.

            3.    The lessee suffers the losses for the reason of other lessees
                  or the third parties (but the lessor is responsible to assist
                  the lessee for the reimbursement from the infringers).

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Article 10 Abandonment of the Rights

      The abandonment for any right stipulated by the agreement shall be based
      on the written signature of the lessor. The facts that the renting fee or
      other items the lessee paid is insufficient to the amounts stipulated by
      the agreement, or with the consent of the lessor, do not have any
      influence on the right of the lessor to claim for the arrearage and the
      rights to take other measures according to the agreement or laws and
      regulations.

Article 11 the Service of the Notice

      All the notices required by the agreement shall be issued in written form.
      The invoices, bill of documents and other notices issued by the lessor to
      the lessee shall be marked with the lessee as addressee. The written
      notice is regarded as having served if it is delivered to the leased
      house, sent by the registered mail or delivered to the address of the
      lessee in Beijing. The notice issued by the lessee to the lessor will be
      regarded as having served if it is delivered to the following address and
      accepted with signature: Beijing Gaoling Real Estate Development Co. Ltd,
      No.168, Xi Zhi Men Wai Avenue, Hai Dian District, Beijing, China.

Article 12 Disputes

      The agreement shall be governed and explained by the law of PRC. Any party
      may file the action to the people's court in the jurisdiction if the
      lessor and lessee cannot settle the disputes which arise from the
      agreement with negotiation.

Article 13 Business License and Language

      The lessee shall produce business license and the authorization letter for
      the authorized representative to sign the agreement on behalf of the
      lessee. The copy of the duplicate of the business license and the original
      authorization letter will be enclosed of the agreement. As an important
      part of the agreement, the

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      appendix will be effective at the same time and have the same legal effect
      with the agreement.

      The agreement and its appendix shall be written in Chinese or English with
      the same legal effect. The agreement has two original copies while the
      lessor and lessee will hold one of them.

Article 14 Supplementary Agreement

      The parties of the agreement can conclude supplementary agreement through
      negotiation on other related matters. The supplementary agreement with the
      same legal effect of the agreement will be annexed to the agreement as an
      important part of the agreement.

      The agreement is effective on the date of the subscription as well as the
      guaranty The agreement is effective on the date of the subscription as
      well as the guaranty is fully paid.

Appendix One:     Ichnography of the Leased House
Appendix Two:     < Clients Handbook >
Appendix Three:   Supplementary Agreement

LESSOR: BEIJING GAOLING ESTATE DEVELOPMENT CO., LTD

ADDRESS: NO. 168, XI ZHI MEN WAI AVENUE, HAI DIAN DISTRICT, BEIJING, CHINA

POST CODE: 100044

LEGAL REPRESENTATIVE OR AUTHORIZED REPRESENTATIVE (SIGNATURE): /s/ Chuanhui Xu

TEL:  8838.3388

ACCOUNTING BANK:

DATE: May 27, 2004

LEASEE:  BEIJING AIRINBOX INFORMATION TECHNOLOGIES CO., LTD

ADDRESS:
POST CODE:

LEGAL REPRESENTATIVE OR AUTHORIZED REPRESENTATIVE (SIGNATURE): /s/ Guijun Wang

TEL:

ACCOUNTING BANK:

DATE: May 27, 2004

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           THE SUPPLEMENTARY AGREEMENT TO LEASE AGREEMENT NO. TD 0130

LESSOR: BEIJING GAOLING ESTATE DEVELOPMENT CO., LTD

LESSEE: BEIJING AIRINBOX INFORMATION TECHNOLOGIES CO., LTD

      The lessor and lessee reach the following supplementary agreement as to
      Lease Agreement. Num. TD 0130(hereafter simplified as the Agreement):

      1.    Free Leasing Period: 3 months and a half altogether, in the
            following period.

      (1)   May 28, 2004 to July 27, 2004

      (2)   May 28, 2005 to June 27, 2005

      (3)   May 13, 2006 to May 27, 2006

             During the free leasing period, the lessee shall only pay 1.00
        Yuan/day/Sq.M. as the management fee and other related fees. If the
        Agreement is terminated before the expiration, the free period after the
        termination date will not come into effect any more and the lessor shall
        not make compensation to the lessee. The lessee shall make up for all
        the renting fee according to the stipulations of the Agreement if the
        renting term is less than one year.

      2.    A piece of addition is made to the 1.1: the renting fee and
            management fee should be calculated in USD and received in RMB, the
            exchange rate between the USD and RMB is fixed at 1:8.3.

      3.    The lessor agrees to add roof-inhaled air-condition while the
            specific construction method shall be approved in advance by the
            lessor. The expenses of the reconstruction for the air-conditioner
            shall be borne by the lessee. When the lessee remove the ceiling and
            air-condition at the time of the termination of the Agreement and
            returns the rented house, the lessee shall restore the ceiling and
            air-condition system back to the original state while the expenses
            shall be borne by the lessee.

      4.    The lessee shall produce blueprint in advance to the lessor and get
            the consent from the lessor and the fire control department for
            carrying out the construction if the lessee plans to make secondary
            fitments and reconstructions to the rented house. The lessee should
            not tie up the fire control channels and alter the fire control
            subarea of the rented house. The modification for the liquid,
            ventilation and fire control system shall be carried out by the
            construction company appointed by the lessor. The fitments and
            modification to the common area of the building shall be restored to
            the original state at the time of leave. And the lessee shall bear
            the expenses.

      5.    About the advertisement location.

            (1)   The lessor agrees to provide an advertisement location for the
                  lessee at the top of the skirt building while the cost for the
                  board of the advertisement and the construction of it shall be
                  borne by the lessee.

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            (2)   The unit price for the advertisement location is
                  RMB150.00Yuan/month/sq.M. The method for the payment is same
                  to the renting fee and management fee.

            (3)   The renting term for the advertisement location shall make
                  corresponding alteration if the renting term of the Agreement
                  is altered. The lessor shall not provide the advertisement
                  location and corresponding service after expiration and in
                  case of prior termination.

            (4)   The expenses for the design, execution, and maintenance of the
                  pictures (paintings, neon light and other technical execution)
                  on the advertisement board for the lessee shall be borne by
                  the lessor. The design and blueprint for the advertisement
                  board shall be approved by the lessor in advance to guarantee
                  the whole style of the building.

            (5)   The electricity fee calculated by the actual expenses for the
                  board shall be borne by the lessee who will set an independent
                  ammeter. The lessee shall make the payment within 3 days since
                  the receipt of the notice by the lessor in charge of checking
                  the actual amount of the electricity. The unit price is 0.80
                  Yuan/Degree which will be adjusted according to the price
                  administrated by the government.

      6.    In the renting period, the lessor provides three vehicle locations
            for free at 2nd floor underground. The renting term for the vehicle
            location shall make corresponding alteration if the renting term of
            the Agreement is altered. The lessor shall not provide the location
            and corresponding service after expiration and in case of prior
            termination.

      7.    The lessor shall increase the electric power. The modification for
            electric power in the rented area shall be organized and performed
            by the lessor. The lessee shall bear the related expenses which will
            be paid by the lessor before the modification is carried out.

      8.    The lessee shall fully paid up the item "for three months' fee as
            guaranty money and one month as fee as payment" within in 3 working
            days since the conclusion of the agreement, totally as RMB
            1,901,563.20 Yuan (as words: ONE MILLION AND NINE HUNDRED AND ONE
            THOUSAND FIVE HUNDRED AND SIXTY THREE YUAN AND TWENTY CENTS ).

      9.    The supplementary agreement is the supplements and alteration for
            the Agreement and has the same legal effect with the Agreement. This
            agreement will prevail as to any conflict between the supplementary
            agreement and the Agreement. Others will be executed according to
            the Agreement.

      10.   The agreement has two original copies while the lessor and lessee
            will hold one of them. The agreement is effective on the date of the
            subscription.

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LESSOR: BEIJING GAOLING ESTATE DEVELOPMENT CO., LTD

LEGAL REPRESENTATIVE OR AUTHORIZED REPRESENTATIVE (SIGNATURE): /s/ Chuanhui Xu

DATE: May 27, 2004

LESSEE: BEIJING AIRINBOX INFORMATION TECHNOLOGIES CO., LTD

LEGAL REPRESENTATIVE OR AUTHORIZED REPRESENTATIVE (SIGNATURE): /s/ Guijun Wang

DATE: May 27, 2004<PAGE>

                                                                   EXHIBIT 10.27

                              EMPLOYMENT AGREEMENT

EMPLOYMENT AGREEMENT (this "Agreement"), effective as of February 1, 2004,
between KONGZHONG CORPORATION, an exempted company organized and existing under
the laws of the Cayman Islands (the "COMPANY"), and ________________ (the
"Executive"), residing at __________________________, Beijing, PRC.

                                     RECITAL

The Executive and the Company deem it in their respective best interests to
enter into an agreement providing for the Company's employment of Executive
pursuant to the terms herein stated.

                                   WITNESSETH

In consideration of the mutual promises and agreements contained herein, and for
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1.       EMPLOYMENT

         1.1      TERM OF EMPLOYMENT The Company will employ the Executive, and
                  the Executive will serve the Company, as the Company's _______
                  for a period beginning on the date hereof and ending two(2)
                  years hereafter, unless earlier terminated pursuant to the
                  terms hereof (the "Term of Employment").

         1.2      DUTIES Throughout the Term of Employment, the Executive will
                  serve as the Company's _________ with responsibility for the
                  business affairs and operations of the Company that are
                  customarily assigned to such position at companies of similar
                  operational and financial conditions in the same industry, to
                  which he will devote his best efforts and all his business
                  time and services, subject to the terms of this Agreement and
                  the direction and control of the Board of Directors of the
                  Company (the "Board"). The Executive will, during

                                       1
<PAGE>

                  the Term of Employment, serve the Company faithfully,
                  diligently and competently and to the best of his ability and
                  will hold, in addition to the office of _________ of the
                  Company, such other executive offices in the Company to which
                  he may be elected, appointed or assigned by the Board from
                  time to time and will discharge such executive duties in
                  connection therewith.

2.       COMPENSATION AND BENEFITS

         2.1      Executive shall be entitled to a base annual salary of USD
                  _________ ("Annual Salary") during the Term of Employment,
                  subject to adjustment to be decided and effected by the Board
                  of the Company, which Annual Salary shall be paid at such
                  times in consistent with the Company's present practice. 2.2
                  In addition to the Annual Salary, Executive shall be entitled
                  to such benefits as made available by the Company to its
                  employees or to personnel holding positions of similar level
                  of responsibilities in the Company.

3.       DEATH OR DISABILITY

         This Agreement shall be automatically terminated by the death of the
         Executive. This Agreement may be terminated at the discretion of the
         Board if, after undergoing a period of medical treatment, the Executive
         shall be rendered incapable by illness or any other non-work-related
         disability from complying with the terms, conditions and provisions on
         his part to be kept, observed and performed, or from performing other
         duties arranged by the Company during the Term of Employment
         ("Disability"). If this Agreement is terminated by reason of Disability
         of the Executive, the Company shall give written notice to that effect
         to the Executive thirty (30) days in advance of such termination in the
         manner provided herein. In the event this Agreement is terminated
         pursuant to this paragraph, Executive shall be entitled to benefits to
         be decided by the Board.

4.       TERMINATION; RESIGNATION

         4.1      TERMINATION OF EMPLOYMENT BY COMPANY

                  (a)      FOR CAUSE The Executive's employment with the Company
                           may be terminated by the Company or the Board for
                           "Cause", which shall mean (a) the Executive's
                           conviction for a crime involving moral

                                       2
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                           turpitude, (b) the Executive's commission of an act
                           of personal dishonesty or breach of fiduciary duty
                           involving personal profit in connection with the
                           Executive's employment by the Company, (c) the
                           Executive's commission of an act which the Board
                           shall have found to have involved willful misconduct
                           or gross negligence on the part of the Executive in
                           the conduct of his duties hereunder, (d) habitual
                           absenteeism on the part of the Executive, or (e) the
                           Executive's material breach of any material provision
                           of this Agreement. In the event that the Company
                           terminates the Executive's employment for Cause, the
                           Executive shall not be entitled to receive any
                           amounts or any rights of option due under the Option
                           Agreement entered into pursuant to Section 2 hereof.

                  (b)      WITHOUT CAUSE Notwithstanding anything to the
                           contrary in this Agreement, whether express or
                           implied, the Company may, at any time, terminate
                           Executive's employment for any reason other than
                           Cause, Disability, or death by giving Executive at
                           least thirty (30) days prior written notice of the
                           effective date of termination. In event this
                           Agreement is terminated pursuant this paragraph, in
                           addition to any compensation and benefit that have
                           become due and payable as of the date of such
                           termination, Executive shall be entitled to a
                           severance amount equal to 50% of such Executive's
                           annual base salary effective as of the date of such
                           termination.

         4.2      TERMINATION OF EMPLOYMENT BY EXECUTIVE. The Executive may, at
                  any time, terminate his or her employment for any reason by
                  giving the Company at least thirty (30) days prior written
                  notice. In the event this Agreement is terminated pursuant
                  this paragraph, the Executive shall not be entitled to receive
                  any severance or any amount of similar nature, except unpaid
                  Annual Salary and other benefits that have become due and
                  payable as of the date of the termination.

         4.3      RESIGNATION In the event that the Executive's services
                  hereunder are terminated under any of the provisions of this
                  Agreement (except by death), the Executive agrees that he will
                  deliver his written resignation as an officer of the Company
                  to the Board, such resignation to become effective
                  immediately.

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<PAGE>

         4.4      DATA Upon expiration of the Term of Employment or prior
                  termination pursuant to Section 3 or 4 hereof, the Executive
                  or his personal representative shall promptly deliver to the
                  Company all books, memoranda, plans, records, computer disks
                  and written and electronic data of every kind relating to the
                  business and affairs of the Company which are then in his
                  possession.

5.       CONFIDENTIAL INFORMATION AND NON-COMPETITION

         5.1      The Company and the Executive agree that the services rendered
                  by the Executive hereunder are unique and irreplaceable.
                  Accordingly, the Executive hereby agrees that, during the Term
                  of Employment and for a period of one (1) years thereafter,
                  the Executive shall not disclose to others or use, whether
                  directly or indirectly, any Confidential Information regarding
                  the Company. Executive acknowledges that such Confidential
                  Information is specialized, unique in nature and of great
                  value to the Company, and that such information gives the
                  Company a competitive advantage.

         5.2      "Confidential Information" shall mean information about the
                  Company, its subsidiaries and affiliates, and their respective
                  clients and customers that is not available to the general
                  public and that was learned by Executive in the course of his
                  employment by the Company, including, but not limited to, any
                  proprietary knowledge, trade secrets, patents, copyright,
                  data, formulae, information, and client and customer lists and
                  all papers, resumes, records (including computer records) and
                  the documents containing such Confidential Information.

6.       OWNERSHIP OF RIGHTS; PROPRIETARY INFORMATION

         6.1      Company shall own all right, title and interest (including
                  patent rights, copyrights, trade secret rights, mask work
                  rights, trademark rights, sui generis database rights and all
                  other intellectual and industrial property rights of any sort
                  throughout the world) relating to any and all inventions
                  (whether or not patentable), works of authorship, mask works,
                  designations, designs, know-how, ideas and information made or
                  conceived or reduced to practice, in whole or in part, by
                  Executive (collectively, "Inventions") and Executive will
                  promptly disclose and provide all Inventions to Company. All
                  Inventions are work made for hire to the extent allowed by law
                  and, in addition, Executive

                                       4
<PAGE>

                  hereby makes all assignments necessary to accomplish the
                  foregoing ownership. Executive shall further assist Company,
                  at Company's expense, to further evidence, record and perfect
                  such assignments, and to perfect, obtain, maintain, enforce,
                  and defend any rights assigned. Executive hereby irrevocably
                  designates and appoints Company as its agent and
                  attorney-in-fact to act for and in Executive's behalf to
                  execute and file any document and to do all other lawfully
                  permitted acts to further the foregoing with the same legal
                  force and effect as if executed by Executive.

         6.2      The Executive agrees that the Company is the sole, absolute
                  owner of all Inventions and hereby grants to the Company,
                  exclusively and perpetually, all rights of every kind or
                  nature, throughout the universe, whether now known or
                  hereafter devised, in any and all languages, in and to such
                  Inventions, all ancillary rights therein and all of the
                  results and proceeds of the services rendered by Executive
                  hereunder. To the extent, if any, that any Inventions intended
                  to be assigned to the Company pursuant to this Section 6 are
                  at any time determined in any jurisdiction not to belong to
                  the Company, then Executive hereby grants an exclusive,
                  royalty-free license to the Company, (transferable by the
                  Company without limitation) to exploit such Inventions and all
                  rights therein in such jurisdiction. Such exclusive license
                  shall continue in effect for the maximum term as may now or
                  hereafter be permissible under applicable law. Upon
                  expiration, such license, without further consent or action on
                  the part of the Executive, shall automatically be renewed for
                  the maximum term as is then permissible under applicable law,
                  unless, within the six-month period prior to such expiration,
                  Company and Executive have agreed that such license will not
                  be renewed.

7.       REMEDIES

         The Executive acknowledges that irreparable damage would result to the
         Company if the provisions of Sections 5 or 6 were not specifically
         enforced, and agrees that the Company shall be entitled to enforce this
         Agreement by injunction, specific performance or any other appropriate
         legal, equitable relief, without bond and without prejudice to any
         other rights and remedies that the Company may have for a breach of
         this Agreement. The Executive acknowledges and agrees that its sole
         remedy for breach of any of Company's obligations under this Agreement
         shall be limited to an action for damages and Executive acknowledges
         that such damages are fully adequate

                                       5
<PAGE>

         to compensate the Executive hereunder. In no event shall Executive seek
         or be entitled to rescission, injunctive or other equitable relief.

8.       INSURANCE

         The Executive agrees that the Company shall have the right at its own
         costs and expense to apply for and to secure in its own name, or
         otherwise, life, health or accident insurance or any or all of them
         covering the Executive, and the Executive agrees to submit to the usual
         and customary medical examination and otherwise to cooperate with the
         Company in connection with the procurement of any such insurance, and
         any claims thereunder.

9.       ASSIGNMENT

         Neither party hereto may not assign his or its rights or delegate his
         or its duties under this Agreement without the prior written consent of
         the other party; provided, however, that this Agreement shall inure to
         the benefit of and be binding upon the successors and assigns of the
         Company upon any sale of all or substantially all of the Company's
         assets or upon any merger or consolidation of the Company with or into
         any other corporation, all as though such successors and assigns of the
         Company and their respective successors and assigns were the Company.

10.      MISCELLANEOUS

         (a)      REPRESENTATIONS AND WARRANTIES.

                  (i)      Executive represents and warrants to the Company that
                           he has the authorization, power and right to deliver,
                           execute and fully perform his obligations under this
                           Agreement in accordance with its terms. Executive
                           further represents and warrants that this Agreement
                           does not require any authorization, consent,
                           approval, exemption or other action by any other
                           party and does not (A) conflict with or result in the
                           breach of the terms, conditions or provisions of, (B)
                           constitute a default under, or (C) result in a
                           violation of any agreement, instrument, order,
                           judgment or decree to which Executive is subject.
                           Executive will, to the fullest extent permitted by
                           applicable law, as from time to time in

                                       6
<PAGE>

                           effect, indemnify the Company and hold the Company
                           harmless for any breach of the representations set
                           forth in this subparagraph (i).

                  (ii)     The Company represents and warrants to Executive that
                           it has the authorization, power and right to deliver,
                           execute and fully perform its obligations under this
                           Agreement in accordance with its terms. The Company
                           further represents and warrants that this Agreement
                           does not require any authorization, consent,
                           approval, exemption or other action by any other
                           party and does not (A) conflict with or result in the
                           breach of the terms, conditions or provisions of, (B)
                           constitute a default under, or (C) result in a
                           violation of any agreement, instrument, order,
                           judgment or decree to which the Company is subject.
                           The Company will, to the fullest extent permitted by
                           applicable law, as from time to time in effect,
                           indemnify Executive and hold Executive harmless for
                           any breach of its representations set forth in this
                           subparagraph (ii).

         (b)      DIVISIBILITY OF THE AGREEMENT. If any provision of this
                  Agreement or any portion thereof is declared invalid, illegal,
                  or incapable of being enforced by any court of competent
                  jurisdiction, the remainder of such provisions and all of the
                  remaining provisions of this Agreement shall continue in full
                  force and effect.

         (c)      CHOICE OF LAW. This Agreement shall be construed, interpreted
                  and the rights of the parties determined in accordance with
                  the laws of the State of New York.

         (d)      NOTICES. All notices, requests and other communications
                  pursuant to this Agreement shall be in writing and shall be
                  deemed to have been duly given, if delivered in person or by
                  courier, telegraphed, telexed or by facsimile transmission or
                  sent by registered or certified mail, postage prepaid,
                  addressed as follows:

                  If to the Executive:

                  [                                    ]
                  ABC Inc.

                  Beijing, China 100045
                  Tel.: (010)

                                       7
<PAGE>
                  Fax: (010)

                  If to the Company:

                  ABC Inc.

                  Beijing, PRC
                  Attn.: Chairman of the Board of Directors
                  Tel.: (010)
                  Fax: (010)

                  Any party may, by written notice to the other, change the
                  address to which notices to such party are to be delivered or
                  mailed.

         (e)      HEADINGS. Section headings in this Agreement are included
                  herein for convenience of reference only and shall not
                  constitute a part of this Agreement for any other purpose.

         (f)      WAIVER. Failure to insist upon strict compliance with any of
                  the terms, covenants, or conditions hereof shall not be deemed
                  a waiver of such term, covenant, or condition, nor shall any
                  waiver or relinquishment of, or failure to insist upon strict
                  compliance with, any right or power hereunder at any one or
                  more times be deemed a waiver or relinquishment of such right
                  or power at any other time or times.

         (g)      EXECUTIVE'S ACKNOWLEDGMENT. Executive acknowledges (i) that he
                  has consulted with or has had the opportunity to consult with
                  independent counsel of his own choice concerning this
                  Agreement and has been advised to do so by the Company, and
                  (ii) that he has read and understands the Agreement, is fully
                  aware of its legal effect, and has entered into it freely
                  based on his own judgment.

         (h)      COUNTERPARTS. This Agreement may be executed in several
                  counterparts, each of which shall be deemed to be an original
                  but all of which together will constitute one and the same
                  instrument.

                                       8
<PAGE>

         (i)      ENTIRE AGREEMENT; AMENDMENT. This Agreement (i) contains a
                  complete statement of all the arrangements between the parties
                  with respect to Executive's employment by the Company, (ii)
                  supersedes all prior and existing negotiations and agreements
                  between the parties concerning Executive's employment and
                  (iii) can only be changed or modified pursuant to a written
                  instrument duly executed by each of the parties hereto.

                  [Remainder of page intentionally left blank]

                                       9
<PAGE>

IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and
year first above written.

ABC INC.

By:
   -------------------------------------
Title:

ACCEPTED AND AGREED TO:

By:
   -------------------------------------

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