After Party. A pays the service fee specified in this Agreement, the copyrights on Party B's work products shall belong to Party A, and Party B shall unconditionally provide Party A with electronic documents of its work products, and shall also provide electronic documents of the finished products for confirmation and release (the picture shall be a modifiable vector format file with the size of the finished product and 300 DPI of resolution).
After Party. A and Party B sign and seal the cooperation agreement, and Party B pays Party A the sales deposit of RMB 600,000 in Article 1, 2.2 within 7 days from the date of signature and seal, the agreement will come into effect and the remaining RMB 300,000 will be paid off within three months. Otherwise, the agreement is terminated.
After Party. A receiving the materials listed in Item (1) and Party A shall pay relevant amount to Party B between the 20th day and 25th day in the 4th month after recording the invoice of item (1) d) in Party A’s account. The same method should be applied to the payment terms of purchasing goods from the 25th day of this month to the 25th day of next month.
After Party. A provides data promotion services as agreed in the Agreement, due to the setting or operation of network terminal equipment, customer applications, websites, small programs, etc. by network end users such as computers and mobile phones, the promotional content of Party B cannot be displayed on the user’s network terminal or the data promotion service does not conform to the agreement due to the software and hardware equipment, network configuration and other reasons provided by Party B/the customer on behalf of Party B, it does not constitute a breach of contract by Party A, and Party A shall not bear any responsibility.
After Party. A received the turn-key expenses specified in this contract and compensated the actual regular expenses, any surplus should go to the Party A. In case there is any shortfall, Party A then is responsible for this and raises the shortfall on its own.
After Party. A becomes the shareholder of the Company, the Company shall have an executive director, and Party A may appoint a person to the Company as an executive director.
After Party. A makes contribution to Party D, in order to ensure that Party B may perform the obligations of repurchasing shares from Party A:
3.1.1 Party C will pledge all the shares of Party D held by it upon its contribution of the Capital Increased by Party C to Party A as a guarantee on the repurchase of shares by Party B from Party A.
3.1.2 Party C shall complete the procedures related to the above share pledge within 15 working days from the Closing Date and assume any and all the relevant fees so incurred so that Party A may become the legitimate pledgee of the shares without hindrance with a view to ensuring that Party B will repurchase the shares and Party A will successfully take back all the repurchase price and the relevant fees incurred during the exercise of the creditor’s rights.
3.1.3 Before Party B repurchases the shares and Party A successfully takes back all the repurchase price and the relevant fees incurred during the exercise of the creditor’s rights, Party A has the right not to release the share pledge.
3.1.4 If Party B fails to repurchase the shares as agreed, Party A is entitled to the priority in taking back all the repurchase price and the relevant fees incurred during the exercise of the creditor’s rights from the amounts obtained from auction or other sale of the relevant pledged shares.
After Party. A operates for a period of time and meets the conditions of Party B’s business operation evaluation, it may submit an application for business operation evaluation. After Party A passes the business operation evaluation, Party B shall issue a business operation evaluation report and gradually expand the geographical scope of Party A’s operation.
After Party. A’s guarantee deposit is deducted, Party A fails to make up the guarantee deposit according to this Agreement or within the time limit specified by Party A, or fails to provide the bank guarantee in accordance with any agreement.
After Party. A transfers its equity interest, the original rights and obligations of Party A towards the Target Company shall be transferred to Party B together with the transfer of its equity interest.
