Contract
Exhibit 10.20
This agreement is made on this 1st day of February 2011 between China Boon Holdings Limited ("China Boon") and NCN Group Management Limited ("NCN").
Whereas China Boon is a tenant of an office located at Suite 0000-00, Xxxxx Xxxxx, Xxxxx Xxxxxx, Xxxxxxxx Xxx, Xxxx Xxxx and desire to enter into an arrangement with NCN such that NCN would share the office and facilities therein (the "Office") on the following terms:
Duration: | 10 March 2011 to 30 September 2011 | |
Charge for Share of Office: | HK$78,000 per month | |
Payment: | Payable in advance on the first day of each month |
This agreement is renewable subject to written consent by both parties.
For and on behalf of
China Boon Holdings Limited
/s/ Law Xxx Xxxxx
Law Xxx Xxxxx
Executive Director
For and on behalf of
NCN Group Management Limited
/s/ Xxxxxxx Xxx Xxxx Xxxx
Xxxxxxx Xxx Xxxx Xxxx
Deputy Chief Executive Officer and Director