Administration Agreement between China Unistone Acquisition Corporation and BZB Leasing, Inc.
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Summary
China Unistone Acquisition Corporation (CUAC) and BZB Leasing, Inc. have agreed that, starting from CUAC's IPO effective date until CUAC completes a business combination, BZB Leasing will provide CUAC with office space and secretarial services at 4 Columbus Circle, New York. In return, CUAC will pay BZB Leasing $7,500 per month for these services. The agreement is formalized by both parties' signatures.
EX-10.12 23 e18490ex_10-12.txt ADMINISTRATION AGREEMENT Exhibit 10.12 CHINA UNISTONE ACQUISITION CORPORATION ______________, 2004 BZB Leasing, Inc. 4 Columbus Circle, 5th Floor New York, New York 10019 Gentlemen: This letter will confirm our agreement that, commencing on the effective date ("Effective Date") of the registration statement for the initial public offering ("IPO") of the securities of China Unistone Acquisition Corporation ("CUAC") and continuing until the consummation by CUAC of a "Business Combination" (as described in CUAC's IPO prospectus), BZB Leasing, Inc. shall make available to CUAC certain office and secretarial services as may be required by CUAC from time to time, situated at 4 Columbus Circle, 5th Floor, New York, New York 10019. In exchange therefore, CUAC shall pay BZB Leasing, Inc. the sum of $7,500 per month on the Effective Date and continuing monthly thereafter. Very truly yours, CHINA UNISTONE ACQUISITION CORPORATION By: ________________________________ Name: Chih T. Cheung Title: Chairman of the Board AGREED TO AND ACCEPTED BY: BZB LEASING, INC. By: ________________________ Name: Title: