Consulting Agreement
Exhibit 10.1
Party A: | Xuezheng Yuan | |
Party B: | Xxxxxxx Xxx, Xxxxx Xxxxx and Xxxx Xxxxx | |
Whereas, | ||
1. | Party A would like register a new company in the Nevada state, file share offering registration to SEC, and to | |
apply for listing at NASD OTCBB market. | ||
2. | Party B are three individuals. They provide project management and language consulting to individuals and | |
companies who are lack of English language communication capability, the ability to conduct business in a new | ||
environment, and lack of business connections and contacts. | ||
Hence, Both Party A and Party B have reached an agreement and Party A agrees to retain Party B as its consultants. | ||
Both parties reached the following agreements on February 21, 2006: | ||
1. | Services | |
Party B will assist Party on a project management work and English to Chinese, Chinese to English consulting. | ||
Party B will introduce professional firm and individual including security attorney, US GAAP financial statement | ||
accountant, US GAAP auditor, market maker\investment bank and potential management candidate to Party. | ||
Party B will provide office space, free of charge, to Party A’s new registered company for one year period. | ||
Party B will provide language assistance to Party A to engage above mentioned professional services to: | ||
Register a Nevada State company | ||
Open an US bank account | ||
File registration statement to US SEC | ||
File application for trading on OTCBB market | ||
2. | Expenses | |
Party A is responsible for all the third party expenses incurred. | ||
3. | Compensation: Party A should give Party B 10% of its equity stock of the new registered Nevada state | |
company. | ||
4. | Signature | |
All documents should be signed by Party A. | ||
5. | Law | |
This agreement is governed by the law of People’s Republic of China. If related parties have disagreement, both parties | ||
should try to discuss and resolve the dispute in a friendly manner. |
Party A XUEZHENG YUAN |
Party B XXXXXXX XXX XXXXX XXXXX XXXX XXXXX |