Lease Agreement between Changzhou CTS Fashion Co., Ltd. and Shanghai Baby Fox Fashion Co., Ltd.

Summary

Changzhou CTS Fashion Co., Ltd. (the lessor) leases two spaces to Shanghai Baby Fox Fashion Co., Ltd. (the lessee): a third-floor area for use as a warehouse and a first-floor area for office use. The lease covers January 1, 2010, to December 31, 2010, with rent paid every six months. The lessee has the first right to renew the lease after it ends. Any unresolved matters will be settled through negotiation between the parties.

EX-10.18 7 v188577_ex10-18.htm Unassociated Document

Lease Agreement

(English Translation)

Lessor （hereinafter referred to as Party A）：Changzhou CTS Fashion Co., Ltd.

Lessee （hereinafter referred to as Party B）：Shanghai Baby Fox Fashion Co., Ltd.

Through both parties’ friendly negotiation, they agree:

1. Party A is the lawful owner and in lawful possession of The Third Floor, No.7 Building, 88# Hu Bin North Road, Wujin District, Changzhou. Party B will take the area as the storehouse of ready-to-wear clothes. The floor takes averagely 1300 square meters with annual rent of 150,000 RMB Yuan. Party B will pay the rent of six months each time.

2. For better conveniences of Party B, Party B leases from Party A the first floor of Building 5th of Party A’s premises with the area 1500 square meters as their office with annual rent of 80,000 RMB Yuan. Party B will pay the rent of six months each time.

3. Party A lets Party B take the demised premises for a period from January 1, 2010 to December 31, 2010.

4. By the end of this agreement, Party B has the preferential releting right.

5. For outstanding issues, the two parties will resolve through negotiation.

Party A: Changzhou CTS Fashion Co., Ltd.	Party B: Shanghai Baby Fox Fashion Co., Ltd.

Signed By:	Signed By:

Date:	Date: