Summary of Office Share-Use Agreement Between Ji Da Information (Shanghai) Co., Ltd. and New World Construction Co., Ltd. (Shanghai Representative Office)

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Summary

This agreement, effective from October 10, 2002 to October 9, 2004, is between Ji Da Information (Shanghai) Co., Ltd. and New World Construction Co., Ltd. (Shanghai Representative Office) for the shared use of 376 square meters of office space at Floor 11, Min Fang Building, Fuxing Zhong Lu No. 593. New World Construction is responsible for paying monthly rent, a security deposit, management fees, and other building charges. The agreement is valid only during the lease period between Ji Da Information and the building owner.

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EX-10.22 20 dex1022.htm SUMMARY OF OFFICE SHARE-USE AGREEMENT Prepared by R.R. Donnelley Financial -- Summary of Office Share-Use Agreement

EXHIBIT 10.22

 

Summary of Office Share-Use Agreement, Effective October 9, 2002, Between Ji Da Information (Shanghai) Co., Ltd and New World Construction Co., Ltd. (Shanghai Representative Office)

 

Party A:    Ji Da Information (Shanghai) Co., Ltd.

Party B:    New World Construction Co., Ltd. (Shanghai Representative Office)

 

Date of Signing

October 9, 2002

 

Property Description

Location:    Floor 11, Min Fang Building, Fuxing Zhong Lu No. 593

Square footage:    376 m2

Type:    office space

 

Term of Share-Use

Effective Period:    from October 10, 2002 to October 9, 2004

 

Rental Use

Office use

 

Rent Amount

RMB 26,990 Yuan per month in total.

 

Major Obligations of the Parties

 

Party A shall:

 

1. intercede with developer for the demurral or other terms.

 

Party B shall:

 

1. be liable for the payment of relevant fees and deposit under the terms and conditions of this contract;

 

2. accept the other articles in the Lease Agreement reached by Party A and Shanghai Minghong Economic Development Co., Ltd.

 

Termination Events

 

This agreement is effective only in the common lease period between Party A and Shanghai Minghong Economic Development Co., Ltd.

 

Security deposit and other refundable or non-refundable payment

 

1. Deposit: RMB 53980 Yuan (in negotiation).

 

2. Management fees: RMB 11,280 Yuan per month in total.

 

3. Other fees charged by the building administration company such as electricity fees, air-conditioning fees etc.