Tax LiabilityAgreement

EX-10.12 38 v191358_ex10-12.htm Unassociated Document
Exhibit 10.12

Tax Liability Agreement

Party A: Qingdao Hongguan Footwear Ltd.

Party B: Tao Wang


Party A and Party B after friendly negotiation have agreed that Party B will be responsible for Party A’s all tax payable from Dec 29th 2006 to Dec 28th 2007.

(Except the portion Party A has already paid)

Hereby, there are two copies of the agreement, and each party shall hold one.


Party A: /s/ Qingdao Hongguan Footwear Ltd.

Party B: /s/ Tao Wang
 
 
 

 
 
Tax Liability Agreement

Party A: Qingdao Hongguan Footwear Ltd.

Party B: Tao Wang


Party A and Party B after friendly negotiation have agreed that Party B will be responsible for Party A’s all tax payable from Dec 29th 2007 to Dec 28th 2008.

(Except the portion Party A has already paid)

Hereby, there are two copies of the agreement, and each party shall hold one.


Party A: /s/ Qingdao Hongguan Footwear Ltd.

Party B: /s/ Tao Wang
 
 
 

 
 
Tax Liability Agreement

Party A: Qingdao Hongguan Footwear Ltd.

Party B: Tao Wang


Party A and Party B after friendly negotiation have agreed that Party B will be responsible for Party A’s all tax payable from Dec 29th 2008 to Dec 28th 2009.

(Except the portion Party A has already paid)

Hereby, there are two copies of the agreement, and each party shall hold one.


Party A: /s/ Qingdao Hongguan Footwear Ltd.

Party B: /s/ Tao Wang