TravelMarket Cooperation Agreement
Contract Categories:
Business Operations
- Cooperation Agreements
EX-10.11 4 s1a3ex10xi_ea3chinayida.htm CONTRACT FOR THE PROMOTION OF THE GREAT GOLDEN LAKE s1a3ex10xi_ea3chinayida.htm
Exhibit 10.11
Travel Market Cooperation Agreement
Parties:
A: Fujian Yintai Travel LLC.
B. Shanghai Meiyou Culture Media LLC.
C: Fuzhou Fuyu Advertisement LLC.
Through friendly negotiation, the parties reach the following agreement:
| A. | A, B and C agree to cooperate to develop the travel market of the Dajin Lake Attraction. |
| B. | B will assist A in developing special travel markets in Shanghai, Jiangsu province and Zhejiang province, etc. |
| C. | The contract has a 3-year term. At the end of the term, the parties can re-sign the contract if they attempt to continue the cooperation. |
| D. | B guarantees to bring A a minimum annual revenue at the amount of 12,000,000 RMB, and 36,000,000 RMB for three(3) years in its development of the special travel markets. |
| E. | In 2007, C has pre-paid B the fees for developing the special markets at the amount of 24,000,000RMB. A will pay back the fees in three (3) years, with 8,000,000 RMB each year. |
| F. | C guarantees to provide 500-minute TV commercials free on Fujian Education TV Channel for the Dajin Lake Attraction each year. |
| G. | If B breaches the contract, B will pay other parties damages in sum of 30% of pre-determined amount. The parties will liquidate the amount one time during the first half month of each year. |
| H. | The parties agree to negotiate the issues that are not included in this agreement. |
| I. | The agreement has three (3) copies, with one copy to each party, and each copy with equal legal force. |
Agreement was signed on March 20, 2008 by all the parties.
Travel Market Cooperation Agreement
Parties:
A: Fujian Yintai Travel LLC.
B. Fuzhou Changlv Business Service LLC.
C: Fuzhou Fuyu Advertisement LLC.
Through friendly negotiation, the parties reach the following agreement:
| J. | A, B and C agree to cooperate to develop the travel market of the Dajin Lake Attraction. |
| K. | B will assist A in developing special travel markets in Fujian, Jiangxi province, Guangdong province, etc. |
| L. | The contract has a three-year term. At the end of the term, the parties can re-sign the contract if they attempt to continue the cooperation. |
| M. | B guarantees to bring A a minimum annual revenue at the amount of 9,000,000 RMB, and 27,000,000 RMB for three(3) years in its development of the special travel markets. |
| N. | In 2007, C has pre-paid B the fees for developing the special markets at the amount of 15,000,000 RMB. A will pay back the fees in three (3) years, with 5,000,000 RMB each year. |
| O. | C guarantees to provide free 500-minute TV commercials on the Fujian Education TV Channel for the Dajin Lake Attraction each year. |
| P. | If B breaches the contract, B will pay other parties damages in sum of 30% of pre-determined amount. The parties will liquidate the amount one time during the first half month of each year. |
| Q. | The parties agree to negotiate the issues that are not included in this agreement. |
| R. | The agreement has three (3) copies, with one copy to each party, and each copy with equal legal force. |
Agreement was signed on March 20, 2008 by all the parties.
