Common use of Obligation of Party A Clause in Contracts

Obligation of Party A. 4.1 The Service provided by Party B in this agreement is exclusive, within the term of this Agreement, without the prior written consent of Party B, Party A shall not conclude any agreement with the third party to retain the third party to provide Party A with the service same as or similar to the Service provided by Party B. 4.2 Party A shall, prior to November 30 of every year, provide Party B with the Annual Business Plan of the next year, so that Party B may arrange the service plan and purchase the necessary devices and technical staff. Should Party A request Party B to purchase devices provisionally, it shall negotiate with Party B 15 days in advance in order to reach consensus. 4.3 Party A shall promptly and accurately provide Party B with documents required by it in convenience for the Service to be provided by Party B. 4.4 Party A shall, in accordance with the Article 3 of this Agreement, make the payment of Service Fees to Party B timely and fully. 4.5 Party A shall remain its good standing and develop its business in order to maximize its profit. 4.6 For the development of Party A Business, the Parties agree that Party B entrust Party A to, in accordance with the special request of Party B, research and develop the technology necessary for Party B to provide Service under this Agreement, provided that Party A is capable of such research and development and such entrustment will not violate the mandatory regulation of PRC laws. Party A must accept such entrustment, and any interest arose from the technology development shall be comply with the paragraph 1, section 2 of Article 5 of this agreement.

Appears in 12 contracts

Samples: Exclusive Service Agreement (Focus Media Holding LTD), Exclusive Service Agreement (Focus Media Holding LTD), Exclusive Service Agreement (Focus Media Holding LTD)

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