Service Procurement Agreement between Charles Zhang and Pacific Century CyberWorks Ltd. (July 12, 2000)

Summary

This agreement, dated July 12, 2000, is between Charles Zhang and Pacific Century CyberWorks Ltd. (PCCW). Charles Zhang agrees to ensure that Sohu.com, Inc. will purchase at least $6 million in services—including web distribution, advertising, and consultancy—from PCCW and its affiliates within three years, at prevailing rates. The agreement sets a clear financial commitment and timeframe for the procurement of services.

EX-10.19 3 0003.htm AGREEMENT, DATED AS OF JULY 12, 2000 AGREEMENT, DATED AS OF JULY 12, 2000

EXHIBIT 10.19

Agreement, dated as of July 12, 2000 between Charles Zhang and Pacific Century Cyberworks

This Agreement is hereby executed on the 12^th day of July, 2000 between:

1. Pacific Century CyberWorks Ltd., whose principal place of business is at 39^th floor, Citibank Tower, Citibank Plaza, 3 Garden Road, Hong Kong ("PCCW"), and

2. Charles Zhang at 7 Jianguomen Nei Avenue, Suite 1519, Tower 2, Bright China Chang An Building, Beijing 100005, China.

Now it is hereby agreed as follows:

Charles Zhang hereby agrees to procure Sohu.com, Inc. to purchase within a period of three years from the date hereof not less than United States Dollars Six Million (US$6,000,000) of services, including but not limited to, web distribution, advertising, consultancy services and such other services, from PCCW and its affiliated group companies at the then current fees and charges as shown in the relevant rate cards.

Pacific Century CyberWorks Ltd.	Charles Zhang

/s/ Mico Chung	/s/ Charles Zhang

Date: 12^th July 2000	Date: 12^th July 2000