Advertising Services Agreement between Titan Media Company Limited and Xian Xianyang International Airport Advertising Co. Ltd.

Summary

Titan Media Company Limited and Xian Xianyang International Airport Advertising Co. Ltd. entered into an 8-year agreement granting Titan Media exclusive rights to operate outdoor LED scrolling light boxes at Terminal 2 of the airport. The contract, valued at approximately 4.4 million RMB, specifies annual rent per sign with scheduled increases and requires a security deposit. The agreement was signed in July 2006 and became effective in September 2006, running through October 2014.

EX-10.3 4 v053043_ex10-3.txt Xian Xianyang Airport Contract Summary Contracting Parties: Party A: Titan Media Company Limited Party B: Xian Xianyang International Airport Advertising Co. Ltd. Term: 8 Years (September 2006 to October 2014) Total Value: 4,395,050.80 RMB (Approx. US$ 549,000) Contract Ref: 2006-XA-X-016 Location: Number 2 Terminal Arrival Level 8 size 3.3 m x 2.8 m Light Boxes Departure Level 4 size 3.3 m x 2.8 m Light Boxes Exclusivity: Party A enjoys exclusive rights to outdoor LED scrolling light boxes at Number 2 Terminal Rent: 35,000 RMB (Approx. US$ 4,375) per sign per year Year 3 increase 8% Year 4 increase 10% Year 5 increase 12% Year 6 increase 15% Year 7 increase 15% Year 8 increase 18% Security Deposit: 84,000 RMB (Approx. US$ 10,500) Date First Signed: July 3, 2006 Finalized and Effective: September 1, 2006