Attached files
Exhibit 10.14
CONTRACT
FOR LEASE OF PROPERTY
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Lessor:
Weichao YAN, Xiaowei ZHU
Lessee:
Hangzhou MYL Business Administration Consulting Co., Ltd.
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Contract
No.:
Place
of signing:
Date
of signing:
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1.
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The
property to be leased is located at Room 307, Hualong Business Building,
Gongshu District, which consists of one room, with the floorage of 48.1
square meters, in good order.
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2.
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The
term of lease shall be from April 27, 2009 to April 26, 2010. (Note: the
term of lease shall not exceed 20 years, and the extra length over 20
years shall be deemed invalid.)
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3.
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The
rent shall be RMB 33,320.
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4.
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Time
limit and method for payment of rent: The rent shall be paid in cash in
___ installments every year.
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5.
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The
expenses in connection with the said property in respect of water, power,
gas, telephone, cable TV, cleaning, and property management, shall be for
the Lessee’s account.
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6.
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The
property shall be used for the purpose of office and business
operation.
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7.
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As
for repair and maintenance of the property, the Lessee shall be
responsible for the repair and maintenance of part of the property to the
extent such part is decorated and in
use.
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The
scope, time, and percentage of expenses on repair and maintenance of the
property for the Lessor: as the case may be.
The scope
and percentage of repair and maintenance of the property for the Lessee: the
Lessee shall be responsible for the repair and maintenance of part of the
property to the extent such part is decorated and in use.
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8.
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Whether
or not the Lessor permits the Lessee to decorate or otherwise add
accessories to the property, and to what extent: it shall be subject to
prior consent by the Lessor.
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Disposition
of the decoration and accessories to the property upon expiration of the term of
lease: it shall be disposed by the Lessee.
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9.
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Whether
or not the Lessor permits the Lessee to re-lease the property to a third
party: Yes.
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10.
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The
deposit of RMB , shall
be paid to the Lessor by the Lessee no later than .
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11.
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events
resulting in revocation of the
contract
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Under any
of the following circumstances, the Lessor shall be entitled to revoke this
contract:
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a)
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The
Lessee fails to pay the rent or fails to pay the rent as agreed, for more
than three months;
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b)
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The
amount owed by the Lessee totals more than RMB / ;
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c)
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The
Lessee changes the purpose of the property without consent by the Lessor
and approval by the pertinent
authorities;
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d)
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The
Lessee fails to perform its obligation on repair and maintenance in breach
of the provisions herein, and thus causes the property or facilities
seriously damaged;
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e)
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The
Lessee decorates the property without written consent by the
Lessor;
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f)
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The
Lessee re-lease the property to a third party without written consent by
the Lessor; or
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g)
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The
Lessee involves in illegal activity in the
property.
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Under any
of the following circumstances, the Lessee shall be entitled to revoke this
contract:
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a)
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The
Lessor postpones the delivery of the property for more than
___ months;
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b)
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The
Lessor fails to perform its obligation on repair and maintenance in breach
of this contract, and thus make the Lessee unable to further use the
property.
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c)
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/
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12.
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Upon
expiration of the term of lease, the Lessee shall return the property
within the following time limit: /
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13.
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breach
of contract liability: After the Parties sign this contract, in case the
Lessee violates any provisions hereof, the property shall be taken
back.
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The
Lessor shall be liable to all loss therefrom, in case that it fails to repair
the property in a timely manner or as required and thus results in personal
injury or loss of property to the Lessee.
The
Lessee shall be liable to not only the rent, but also the late fine, in case
that the Lessee delays the payment of rent.
The
Lessee shall be liable to all loss therefrom, in case that it re-leases the
property to a third party without duly authorization and thus results in damage
to the property.
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14.
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Resolution
of dispute: Any dispute arising out of the performance of this contract
shall be resolved by the Parties through mutual negotiation, or through
mediation made by the local company registry, or, in case of failed
negotiation and mediation, be resolved in the manner No. a) as
follows:
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a)
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arbitration
by the local arbitration committee;
or
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b)
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bringing
a lawsuit to the People’s Court.
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15.
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other
issues: to be negotiated by the
Parties.
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Lessor:
Weichao YAN, Xiaowei ZHU
Residence:
Legal
representative:
ID
No.:
Authorized
representative:
Tel.:
Bank:
Zip
code:
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Lessee:
Hangzhou MYL Business Administration Consulting Co., Ltd.
Residence:
Legal
representative:
ID
No.:
Authorized
representative:
Tel.:
Bank:
Zip
code:
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Conclusion
of authentication /notarization:
Authenticator
/ notary:
Date:
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Printed
under the supervision of Hangzhou Administration for Industry &
Commerce