ADVERTISING SERVICE AGREEMENT
Exhibit 10.3
THIS ADVERTISING SERVICE AGREEMENT is made on the 1st day of October, 2009 BETWEEN:
1. |
Goldenway Investments (HK) Limited (the “Management Company”) of Xxxxx 0000, 00/X., Xxxxx Xxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxxx, Xxxxxxx, Hong Kong; and |
2. |
Goldenway Precious Metals Limited (the “Client Company”) of Xxxx 0000, Xxxxx Xxx, Xxxxx Xxxx Xxxx City, Xxxxxx Xxxx, Xxxxxxxxxxx, Xxxxxxx, Xxxx Xxxx; |
WHEREAS
The Management Company shall provide the Client Company with marketing strategies and advertising services.
The Management Company shall charge a monthly fee of HK$450,000 (the “Service Fee”) to the Client Company.
The Service Fee shall be payable on the last day of the service period or on demand after provision of services by the Management Company.
Either the Management Company or the Client Company has an option to terminate this management agreement by serving one month prior notice in writing to the other party.
For and on behalf of | For and on behalf of |
Goldenway Investments (HK) Limited | Goldenway Precious Metals Limited |
/s/ Xxxxx Xxxx Kan Sun | /s/ Xxx Xxxx |
Xxxxx Xxxx Kan Xxx | Xxx Xxxx |
Director | Chief Executive Officer |
- 1 -