Document:

China Agritech Inc.: Exhibit 10.12 - Prepared by TNT Filings Inc.

 

Exhibit 10.12 

AMENDMENT TO LEASE AGREEMENT 

Lessor: (Party A) YinLong Industrial Co. Ltd. 

Lessee: (Party B) Pacific Dragon Fertilizers Co. Ltd. 

Pursuant to the lease agreement, dated January 1, 2004, by and
between Party A and Party B (the "Agreement"), Party A and Party B (the
"Parties") hereby amend the Agreement as follows: 

Due to the huge expenses incurred by Party B, the originally
agreed rental payment could not cover Party A's costs for electricity, water,
regular maintenance, cleaning and sewage. The Parties hereby agree that the
annual rental Payment shall be increased from the originally agreed RMB
1,200,000 to RMB 3,600,000. Party A shall bear all relevant costs. 

This amendment to the Agreement shall take effective on July
1, 2005. Except as expressly set forth in this Amendment, the Agreement remains
unmodified and in full force and effect. 

Party A: /s/ Hongyu Wong 

YinLong Industrial Co. Ltd. 

Party B: /s/ Fuchen Zhang 

Pacific Dragon Fertilizers Co. Ltd. 

Date: June 28, 2005China Agritech Inc.: Exhibit 10.13 - Prepared by TNT Filings Inc.

 

Exhibit 10.13 

Tenancy Agreement 

An Agreement made on the 31st day of May, 2004 between the Landlord
and the Tenant as more particularly described in Schedule I. 

The landlord shall let and the Tenant shall take the Premises for the Term
and at the Rent as more particularly described in Schedule I and both parties
agree to observe and perform the terms and conditions as follows: 

1.                    
The Tenant shall pay to the Landlord the Rent in advance of the first day of
each and every calendar month during the Term. If the Tenant shall fail to pay
the Rent within 7 days from the due date, the Landlord shall have right to
institute appropriate action to recover the Rent and all costs, expenses and
other outgoings so incurred by the Landlord in relation to such action shall be
a debt owed by the Tenant to the Landlord and shall be recovered in full by the
Landlord. 

2.                    
The Tenant shall not make any alterations and/or additions to the Premises
without the prior written consent of the Landlord, which consent shall not be
unreasonably withheld. 

3.                    
The Tenant shall not assign, transfer, sublet or part with the possession of the
Premises or any part thereof to any other person. This tenancy shall be personal
to the Tenant named herein. 

4.                    
The Tenant shall comply with all ordinances, regulations and rules of Hong Kong
and shall observe and perform the covenants, terms and conditions of the Deed of
Mutual Covenant and Sub-Deed of Mutual Covenant (if any) relating to the
Premises. The Tenant shall not contravene any negative or restrictive covenants
contained in the Government Lease(s) under which the Premises are held from the
Government 

5.                    
The Tenant shall during the Term pay and discharge all charges in respect of
water, electricity, gas and telephone and other similar charges payable in
respect of the Premises. 

6.                    
The Tenant shall during the Term keep the interior of the Premises in good and
tenantable repair and condition (fair wear and tear and damage caused by
inherent defects expected) and shall deliver up vacant possession of the 

Premises in the same repair and condition on the
expiration or sooner determination of this Agreement. 

7.                    
The Tenant shall pay to the Landlord the Security Deposit set out in Schedule 1
for the due observance and performance of the terms and conditions herein
contained and on his part to be observed and performed. Provided that there is
no antecedent breach of any of the terms and conditions herein contained, the
Landlord shall refund the Security Deposit to the Tenant without interest within
30 days from the date of delivery of vacant possession of the Premises to the
Landlord or settlement of any outstanding payment owed by the Tenant to the
Landlord whichever is later. If the Rent and/or any charges payable by the
Tenant hereunder of any part thereof shall be unpaid for seven(7) days after the
same shall become payable (whether legally demanded or not) or if the Tenant
shall commit a breach of any of the terms and conditions herein contained, it
shall be lawful for the Landlord at any time thereafter to re-enter the Premises
whereupon this Agreement shall absolutely determine and the Landlord may deduct
any loss or damage suffered by the Landlord as a result of the Tenant's breach
from the Security Deposit without prejudice to any other right of action of any
remedy of the Landlord in respect of such breach of the Tenant. 

8.                    
Provided the Tenant shall have paid the Rent and other outgoings on the days and
in the manner herein provided and observe and perform the terms and conditions
herein contained and on the Tenant's part to be observed and performed, the
Tenant shall peacefully hold and enjoy the Premises during the Term without any
interrupted by the Landlord. 

9.                    
The Landlord shall keep and maintain the structural parts of the Premises
including the main drains, pipes and cables in proper state of repair Provided
that the Landlord's liability shall not be incurred unless and until written
notice of any defect or want to repair has been given by the Tenant to the
Landlord and the Landlord shall have failed to take reasonable steps to repair
and remedy the same after the lapse of a reasonable time from the date of
service of such notice. 

10.                  
The Landlord shall pay the Property tax payable in respect of the Premises. 

11.                  
The Stamp Duty payable on this Agreement in duplicate shall be borne by the 
Landlord and the Tenant in equal shares. 

2

12.                   
The Landlord and the Tenant agree to be bound by the additional terms and
conditions contained in Schedule II (if any). 

13.                   
If there is any conflict between the English version and the Chinese version in
this Agreement, the English version shall prevail. 

	Received the
    Security Deposit of	Received 4 key(s)
    of the
	HK$ 50,394 by the
    Landlord	Premises by the
    Tenant
	 	 
	For and on behalf
    of	For and on behalf
    of
	UPGRADE
    INTERNATIONAL TRADING	CHINA TAILONG
    HOLDINGS
	CO. LTD	COMPANY LIMITED
	 	 
	Confirmed and
    Accepted all the terms	Confirmed and
    Accepted all the
	and conditions
    contained herein by	terms and
    conditions contained
	the Landlord	herein by the
    Tenant
	 	 
	For and on behalf
    of	For and on behalf
    of
	UPGRADE
    INTERNATIONAL TRADING	CHINA TAILONG
    HOLDINGS
	CO. LTD	COMPANY LIMITED

3

Schedule I 

	The Premises:
    	Flat 1605,
    Emperor Group Centre, 288 Hennessy Road, Wai Chai, Hong Kong
	 	 
	The Landlord:	UPGRADE
    INTERNATIONAL TRADING, CO. LTD 
	 	 
	 	Room 2501,
    TESBURY CENTER
	 	 
	 	28 Queen's RD
    EAST WANCHAL
	 	 
	Telephone No.	Mr. Leung
    25290027 
	 	 
	 	CHINA TAILONG
    HOLDING CO. LTD 
	 	 
	The Tenant:	Mr. Chan
	 	 
	Telephone No.	91965187
	 	 
	Term :	From June 1,
    2004 to May 31, 2006 ( both days inclusive)
	 	 
	Rent:	HK$ 12,233
    per month
	 	 
	Security Deposit:	HK$ 50,394

Schedule II 

1. Uses 

The Tenant shall not use or permit to be used the Promises or any part
thereof for any purpose other than for office purpose only. [ P.S. Please select
one item: e.g. residential / commercial / office / shop / industrial ] 

2. Miscellaneous Payments 

4

a) The Tenant shall be responsible for the following payments
payable in respect of the Premises during the Term: 

  (a) Management Fee: _______________ 

  (b) Air-conditioning Charges: ________________ 

  (c) Government Rates : $ 2,088 (
  subject to actual demanded by the Government ) 

3. Rent Free Period 

The Tenant shall be entitled to a rent free period from the
01/05/2006 to 31/05/2006 ( both days inclusive) provided that the Tenant shall
be responsible for the charges of Government Rent, Government Rates, management
fees, water, electricity, gas, telephone, and other outgoings payable in respect
of Premises during such rent free period. 

 

 

 

5China Agritech Inc.: Exhibit 10.14 - Prepared by TNT Filings Inc.

 

EXHIBIT 10.14 

LEASE AGREEMENT 

Lessor:                
Beijing Guangxin Long'An Real Estate Brokerage Co. Ltd. (Party A) 

Lessee:                
China Tailong Holdings Company Limited (Hong Kong) Beijing Office ("Party B")

Based on the laws and regulations of People's Republic of
China, the Parties enter into this Lease Agreement in order to specify the
rights and obligations of the Lessor and the Lessee: 

1.    
Usage of the Property

Party A agrees to lease the properties and the
facilities therein, located at A# Room 0706-0707, The Spaces International
Center, RD. No.8 Dongdaqiao Road, Chaoyang District, Beijing, China, to Party B
for the usage of office space (the "Property"). The total construction area of
the properties is 318.32 square meters. 

2.    
Lease Term 

The term of the lease is three years, starting from
May 15, 2005 and ending at May 15, 2008. 

3.    
Rental Payment 

3.1    The rental payment is RMB 29,000 per
month. 

3.2   
In order to make sure the due payment of the rental and other fees incurred
during the term of the lease, Party B agrees to pay to Party A 2 months rental,
equaling to RMB 58,000 as deposit. Upon the expiry of the lease term, Party A
shall return the deposit to Party B (no-interest) if the payment under this
Lease Agreement has been duly paid off. 

3.3   
Party B shall pay the rental once a month in cash. The receipt for the rental
shall be issued once per half a year. The rental shall be remitted into the
following bank account at 25th day of each month: 

Account Name: Wang Ping 

Account Number: 60142869918600102 

4.     
Instruments and Fees

4.1 The real property fees concerning the Property
during the lease term shall be born by Party A. 

4.2   
The telephone fees shall be born by Party B. 

4.3   
During the lease term, Party B shall bear the electricity costs. 

4.4   
The Property shall be used for office space purpose only. 

5.     
Responsibilities and Obligations of Lessor 

5.1   
The Property and the facilities therein shall be delivered to Party B on time
and in good conditions. 

5.2   
Party A shall not request the return of the Property during the lease term
(unless otherwise agreed in this Lease Agreement) 

5.3   
Party A shall provide assistance to Party B to use the Property. The decoration
fee for the Property shall be born by Party B. 

5.4   
Party A shall be responsible for the fees relating to any damages to the
fixtures and equipments of the Property, such as main structure, floor, pipes
due to the other parties than Party B or any third party relating to Party B.

5.5   
Upon the prior consent of Party B, Party A may enter into the Property for the
purpose of inspecting the use of the Property and for other urgent purposes.

5.6   
Party A hereby represents and warrants that Party A is the legal owner of the
Property and can legally lease the Property to Party B. 

5.7   
During the lease term, Party A shall be responsible for provision of water,
electricity, air condition and warm and the daily maintenance of the Property.

6.
    
Responsibilities and Obligations of Lessee 

6.1    
Party B shall pay the rental and other relevant fees on time. 

6.2   
Without the prior consent of Party A and the property management company, Party
B shall not make any changes to the structure, and shall not remove the fixtures
and equipments, of the Property. The decoration to the Property shall not damage
the entire structure and equipments of the Property. 

6.3   
Party B shall use the Property according to the stipulations of this Lease
Agreement. The Property shall not be used to store the dangerous goods
prohibited under the PRC law. Party B shall be fully responsible for any damages
resulting from the breach of the foregoing stipulations, including the
compensation to Party A. 

6.4   
During the lease term, Party B shall not, in any form, re-lease, transfer, lend,
mortgage the Property. 

6.5   
If Party B decides not to renew this Lease Agreement upon the expiry of the
lease term, any indoor decoration made and other equipments installed by Party B
at Party B's costs shall not be removed, other than the equipments and
instruments used for business purposes. 

6.6   
During the lease term, any re-decoration to the Property and any change to the
original equipments shall be approved by Party A. 

6.7   
Party B shall properly use the indoor equipments of the lease property. 

6.8   
Party B is entitled to use the public area and public instruments according to
this Lease Agreement. 

6.9   
Party B shall be fully responsible for any damages to the people, real property
or other possessions due to the improper use, management and maintenance of the
lease property by Party B. 

6.10  Party B
has the priority to continue to lease the Property unless Party B is in breach
of this Lease Agreement. If Party B wants to renew this Lease Agreement, it
shall apply with Party A in written one month before this Lease Agreement
expires. 

7.
     
Breach of Contract 

7.1   
The Parties shall not terminate this Lease Agreement without any proper reason.
If, due to special reasons, Party B wants to terminate this Lease Agreement, it
shall give Party A a 30-day prior notice and pay 2 months rental as
compensation, Party A shall return the rental for the rest of the lease term and
the guarantee. If Party A wants to take back the Property for self-use purpose,
it shall give Party B a 30-day prior notice and return the rental for the rest
of the lease term and the guarantee and pay 2-month rental as compensation.

7.2   
Upon the expiry of this Lease Agreement, Party B shall return the Property and
facilities therein to Party A. Any facilities left in the Property and are not
removed within reasonable time can be disposed by Party A at its own discretion.

7.3   
If Party B did not pay the rental and the deposit on time, Party A is entitled
to ask the payment at any time. Any delay of the payment of the rental and the
deposit will result in the payment of interest of 5% of the total amount. 

7.4   
Party A is entitled to request back the Property under the following situation:

A.    
Without the prior
consent of Party A, Party B changes the structure or the usage of the Property;

B.    
Party B fails to pay the rental within 15 days after the due date; and 

C. 
    Party B
re-leases, lends, transfers or mortgages the Property without the consent of
Party A. 

8.     
Governing Law

This Lease Agreement and
any interpretations, implementation and the resolution of any disputes arising
from it shall be governed by PRC laws and regulations. 

9.     
Waiver Conditions 

None of the Parties shall
not be responsible for any damages to the other party due to force majour.

10.  
Any disputes relating to or arising from this Lease Agreement shall first be
resolved through negotiation. If the Parties fail to resolve the disputes
through negotiation, each of the parties can apply for arbitration with Beijing
Arbitration Commission or bring the law suit to the People's Court at the
location of the Property. The performance of the other terms of this Lease
Agreement shall not be affected during the period of arbitration or litigation.

11.   
Any issues not provided in this Lease Agreement will be subject to the rules of
PRC Contract and the Administration Rules of Lease of Urban Property and the
agreements between the Parties. 

12.   
This Lease Agreement will take effective upon execution by both Parties. 

13.   
This Lease Agreement shall be made in two copies, each copy having same legal
effect. 

Party A: 

Beijing Guangxin Long'An Real Estate Brokerage Co. Ltd. 

(Seal) 

Party B: 

China Tailong Holdings Company Limited (Hong Kong) Beijing Office

(Seal)

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