Memorandum of Understanding between Xiamen Heyu Hotel Management Co., Ltd. and Golden Eagle Hotel Co., Ltd.

Contract Categories: Business Operations › MOUs
Summary

Xiamen Heyu Hotel Management Co., Ltd. and Golden Eagle Hotel Co., Ltd. have agreed to cooperate for mutual development and resource sharing. Golden Eagle Hotel will list certain project assets as target assets for Xiamen Heyu in a packaged portfolio. The agreement is not binding for any specific project and both parties must keep the information confidential. Any issues not addressed will be resolved through further negotiation. The agreement is effective upon signing and each party holds a copy.

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EX-10.1 3 v400335_ex10-1.htm EXHIBIT 10.1

 

Exhibit 10.1

 

Memorandum of Understanding

 

Party A: XIAMEN HEYU HOTEL MANAGEMENT CO., LTD

Party B: GOLDEN EAGLE HOTEL CO., LTD

 

With the purpose of resource sharing and mutual development, Party A and Party B agree as follows through friendly negotiation on the principle of equality and mutual benefit:

 

1.Party B agrees to list the project assets located at No.1, Jinrong Street, Yunhong Road, Fuqing City as Party A’s target asset for listing in a packaged portfolio.
2.The memorandum of understanding herein shall be applies for business cooperation between the two parties but not be considered as an evidence for any specific project.
3.Both parties and their departments have the obligation to keep the commercial confidentiality herewith.
4.Both parties agree to resolve the matters not covered herein through further negotiation.
5.This memorandum of understanding is in duplicate with both parties holding one copy respectively.
6.This memorandum of understanding shall come into force upon the date of signing by both parties.

 

 

PARTY A: STAMP OF Xiamen Heyu Hotel Management Co., Ltd. with signature

 

PARTY B: STAMP OF GOLDEN EAGLE HOTEL CO., LTD with signature

 

19th April, 2014 Signed at: Fuqing