CHINA YIDA HOLDING, CO. - FORM 10-K/A - EX-10.23 - AGREEMENT WITH JIANXI PROVINCE PEOPLE?S GOVERNMENT OF FENYI COUNTY DATED JUNE 1, 2010 - February 3, 2012

Attached files

file filename
10-K/A - AMENDMENT N0. 1 TO 2010 ANNUAL REPORT - CHINA YIDA HOLDING, CO.f10k2010a1_chinayida.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002. - CHINA YIDA HOLDING, CO.f10k2010a1ex32i_chinayida.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 - CHINA YIDA HOLDING, CO.f10k2010a1ex31i_chinayida.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002. - CHINA YIDA HOLDING, CO.f10k2010a1ex31ii_chinayida.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - CHINA YIDA HOLDING, CO.f10k2010a1ex32ii_chinayida.htm
EX-10.20 - TOURIST RESOURCES DEVELOPMENT AGREEMENT WITH HUA?AN COUNTY GOVERNMENT DATED DECEMBER 2008 - CHINA YIDA HOLDING, CO.f10k2010a1ex10xx_chinayida.htm
EX-10.25 - LEASE AGREEMENT FOR OUR OFFICE LOCATED AT 20955 PATHFINDER RD., #200-2, DIAMOND BAR, CA 91765. - CHINA YIDA HOLDING, CO.f10k2010a1ex10xxv_chinayida.htm
EX-10.19 - TOURIST DESTINATION COOPERATIVE DEVELOPMENT AGREEMENT WITH YONGTAI COUNTY GOVERNMENT DATED NOVEMBER 2008 - CHINA YIDA HOLDING, CO.f10k2010a1ex10xix_chinayida.htm
EX-10.17 - SIX-YEAR EXCLUSIVE AGREEMENT WITH CHINA RAILWAY MEDIA CENTER DATED FEBRUARY 2009 - CHINA YIDA HOLDING, CO.f10k2010a1ex10xvii_chinayida.htm
EX-10.24 - LEASE AGREEMENT FOR OUR PRINCIPAL OFFICES LOCATED AT 28/F, YIFA BUILDING, NO.111, WUSI ROAD, FUZHOU, FUJIAN PROVINCE, PRC - CHINA YIDA HOLDING, CO.f10k2010a1ex10xxiv_chinayida.htm
EX-10.26 - LAND USE RIGHTS AGREEMENT - CHINA YIDA HOLDING, CO.f10k2010a1ex10xxvi_chinayida.htm
EX-10.18 - TOURISM MANAGEMENT REVENUE SHARING AGREEMENT WITH TAINING GOVERNMENT TO OPERATE GREAT GOLDEN LAKE FROM 2001 TO 2032 DATED 2001 - CHINA YIDA HOLDING, CO.f10k2010a1ex10xviii_chinayid.htm
EX-10.22 - CHINA YANG-SHENG (NOURISHING LIFE) TOURISM PROJECT FINANCE AGREEMENT DATED APRIL 2010 WITH JIANXI PROVINCE ZHANGSHU MUNICIPAL GOVERNMENT - CHINA YIDA HOLDING, CO.f10k2010a1ex10xxii_chinayida.htm
EX-10.21 - EMPEROR MING TAIZU CULTURAL AND ECOLOGICAL RESORT AND TOURIST PROJECT FINANCE AGREEMENT DATED APRIL 15, 2010 WITH ANHUI PROVINCE BENGBU MUNICIPAL GOVERNMENT - CHINA YIDA HOLDING, CO.f10k2010a1ex10xxi_chinayida.htm
Exhibit 10.23
 
[English Summary]

Jiangxi Province Fenyi County Tourism Project
Cooperation and Development Agreement

Party A: Jiangxi Province Fenyi County Government
Party B: Yida (Fujian) Tourism Limited Company

Responsibilities:
Party A shall provide tourism resources and construction of public facilities according to this Agreement. Party A shall not attend any activities in the tourism area for profit.

Party B shall be responsible for the construction of tourism facilities, operations, risks and liabilities associated with.

Exclusive Rights and Term:
Party B shall be entitled to the exclusive rights to develop, operate and manage the tourism resources, such as caves, spas and natural resources, in Mengshan area, Fenyi County, for a period of 40 years from date of project development.

Party B shall also have the preemptive rights to development and operate other tourism resources in Fenyi County.

Revenue Sharing:
Party B shall pay the following to Party A as fees or compensation for using the resources:
For the first five years, Party B is not required to pay any fees to Party A;
From the second five years, Party B shall pay to Party A 5% of its annual revenues from selling the tickets;
Starting from the 11th year, Party B shall pay to Party A 8% of its annual revenues from selling the tickets.

Investment:
The total investment for the project is 300,000,000 RMB:
The first phase, mainly composed of Altair Cave and Vega Cave, is scheduled to start trial operation in 2012. Its investment budget is 100,000,000 RMB;
The second phase will include the Hanmao Cave Cluster for 100,000,000 RMB investment budget; and
The third phase will include the tourism resources of Dagang Mountain for 100,000,000 RMB investment budget.

Force Majeure:
Either party shall not be liable under this Agreement if the Agreement is terminated earlier because of force majeure.

Dispute:
If there is any dispute between the parties, both parties shall resolve the dispute through compromise settlement. If the parties cannot reach the settlement, then either party can resolve the dispute by the courts of Xinhui City or Fuzhou City.

Date of the Agreement:
May 25, 2010
 
 
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