Tax Liability Agreement
Exhibit
10.12
Party A:
Qingdao Hongguan Footwear Ltd.
Party B:
Xxx Xxxx
Party A
and Party B after friendly negotiation have agreed that Party B will be
responsible for Party A’s all tax payable from Dec 29th 2006 to
Dec 28th
2007.
(Except
the portion Party A has already paid)
Hereby,
there are two copies of the agreement, and each party shall hold
one.
Party A:
/s/ Qingdao Hongguan Footwear Ltd.
Party B:
/s/ Xxx Xxxx
Party A:
Qingdao Hongguan Footwear Ltd.
Party B:
Xxx Xxxx
Party A
and Party B after friendly negotiation have agreed that Party B will be
responsible for Party A’s all tax payable from Dec 29th 2007 to
Dec 28th
2008.
(Except
the portion Party A has already paid)
Hereby,
there are two copies of the agreement, and each party shall hold
one.
Party A:
/s/ Qingdao Hongguan Footwear Ltd.
Party B:
/s/ Xxx Xxxx
Party A:
Qingdao Hongguan Footwear Ltd.
Party B:
Xxx Xxxx
Party A
and Party B after friendly negotiation have agreed that Party B will be
responsible for Party A’s all tax payable from Dec 29th 2008 to
Dec 28th
2009.
(Except
the portion Party A has already paid)
Hereby,
there are two copies of the agreement, and each party shall hold
one.
Party A:
/s/ Qingdao Hongguan Footwear Ltd.
Party B:
/s/ Xxx Xxxx