Consultancy Agreement between Guangzhou City Clifford Development (Panyu) Co., Ltd. and Hitech Company Limited for Clifford Waterfront Project

Summary

Guangzhou City Clifford Development (Panyu) Company Limited has hired Hitech Company Limited to provide consultancy services for the international sales and marketing of the Clifford Waterfront project. The agreement lasts for one year starting April 1, 2008. Hitech will receive a fee equal to 2% of total sales from the project. The consultant is required to focus exclusively on this client within Guangdong Province during the contract period. Services include project development advice, advertising, public relations, on-site sales and marketing, and staff training, targeting markets outside Mainland China.

EX-10.3 4 v114274_ex10-3.htm
Exhibit 10.3
 
Summary of Consultancy Agreement

Client:
Guangzhou City Clifford Development (Panyu) Company Limited
   
Consultant :
Hitech Company Limited
   
Date:
April 1, 2008
   
Consultancy services:
Guangzhou City Clifford Development (Panyu ) Company Limited ( the “Client”) wants to retain the consultancy services of Hitech Company Limited (the “Consultant”) for all international sales, marketing planning and execution of Panyu Shawan Project, more specifically, known as “Clifford Waterfront.”
   
Consultancy fee:
2% of the total sales of Clifford Waterfront
   
Consultancy period:
One year from April 1, 2008
   
Exclusiveness:
During the consultancy period, the Consultant shall not serve any other company in Guangdong Province in the same consultancy capacity.
 
Specific consultancy services include:
 
1. Project development consultancy
 
2. Advertisement and public relationship promotion
 
3. Sales and marketing on sites
 
4. Others (including risk management, salespersons image consultancy, staff training, etc.)
 
Major areas covered: Outside Mainland China, including Hong Kong SAR, Macau SAR, Taiwan, Korea and Japan