Marketing and Advertising Service Agreement, dated October 1, 2009, between Goldenway Investments (HK) Limited and Goldenway Precious Metals Limited
Exhibit 10.3
ADVERTISING SERVICE AGREEMENT
THIS ADVERTISING SERVICE AGREEMENT is made on the 1st day of October, 2009 BETWEEN:
1. | Goldenway Investments (HK) Limited (the Management Company) of Suite 1222, 12/F., Ocean Centre, Harbour City, Tsimshatsui, Kowloon, Hong Kong; and |
2. | Goldenway Precious Metals Limited (the Client Company) of Room 1209, Tower One, China Hong Kong City, Canton Road, Tsimshatsui, Kowloon, Hong Kong; |
WHEREAS
The Management Company shall provide the Client Company with marketing strategies and advertising services.
The Management Company shall charge a monthly fee of HK$450,000 (the Service Fee) to the Client Company.
The Service Fee shall be payable on the last day of the service period or on demand after provision of services by the Management Company.
Either the Management Company or the Client Company has an option to terminate this management agreement by serving one month prior notice in writing to the other party.
For and on behalf of | For and on behalf of |
Goldenway Investments (HK) Limited | Goldenway Precious Metals Limited |
/s/ Peter Chan Kan Sun | /s/ Hao Tang |
Peter Chan Kan Sun | Hao Tang |
Director | Chief Executive Officer |
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