Cooperation Agreement for Construction of Teaching Buildings and Academic Exchange Center between Anhui Wonder Education Investment Management Co., Ltd and Anhui Wonder University of Information Engineering (June 8, 2013)
Anhui Wonder Education Investment Management Co., Ltd (Party A) and Anhui Wonder University of Information Engineering (Party B) have agreed to jointly develop four teaching buildings and an academic exchange center on university land. Party A will invest RMB 90 million for the construction of the buildings, while Party B will handle project planning, design, and construction, and will fund landscaping and related infrastructure. After completion, three teaching buildings will belong to Party A and one to Party B. The academic exchange center will be managed by Party B but used freely by Party A. The project is scheduled for completion within two years.
Wonder International Education and Investment Group Corp. 10-Q
Exhibit 10.1
AGREEMENT
PARTY A : ANHUI WONDER EDUCATION INVESTMENT MANAGEMENT CO. LTD
PARTY B : ANHUI WONDER UNIVERSITY OF INFORMATION ENGINEERING
Party A will invest RMB 90,000,000 to build real estates with Party B, who will divide approximately 50 acres of land in the university, which is located at No. 3, Forest Ave, Zipeng District for the construction cooperation.
Cooperation project: Construction of four teaching buildings and an academic exchange center; construction area is approximately 60,000 square meters.
Party B will be in charge of the project’s establishment, planning, design, registration and construction. Party A will be investing for the buildings. Other facilities for the remaining construction, including landscape garden planning within the construction areas, plus the roads, as well as all other ancillary works will be invested by Party B.
Party A will make immediate payment according to the construction contract signed between Party B and the construction company.
This construction period will be two years: from June 2013 to June 2015.
After the construction, three of the four teaching buildings will belong to Party A; one of the four teaching buildings will belong to Party B. Party A will be able to use the academic exchange center for free, however Party B will be in charge of its daily operation and management.
Each party will hold one original duplicated agreement. The agreement will be effective after signature or stamp.
/s/ ANHUI WONDER EDUCATION INVESTMENT MANAGEMENT CO. LTD
Party A (signature or stamp)
Wonder Education Investment Management Co. Ltd.
Date: June 8th 2013
/s/ ANHUI WONDER UNIVERSITY OF INFORMATION ENGINEERING
Party B (signature or stamp)
Wonder University of Information Engineering
Date: June 8th 2013
