NON-EXCLUSIVE DISTRIBUTOR AGREEMENT
Party A: Xxxxxx Information
Technology (Beijing) Co., Ltd. (“Party A”)
Party B: Chendou Shenfang
Network Technology Limited (“Party B”)
Party A
is a legitimate operation network company which primary business is netgames
exploitation and operation.
Party B
is a legitimate operation company which has the marketing channels of electronic
commerce or network products.
With the
principle of friendly discussion about Party B as non-exclusive distributor of
webgame of Party A in China, the Parties hereby agree as follows:
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1.
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Party
B as non-exclusive distributor of webgame of Party A in China. The term of
the agreement commenced on October 1, 2009 and will expire on September
30, 2014.
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2.
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Party
B is entitled to following the marketing standard of Party A in China.
Party A shall not execute differentiation standard in
China.
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3.
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For
the first three months of the term of the agreement, Party A supplied
virtual game credits to Party B, free of charge, in order to conduct
pre-market promotion. But Party B shall achieved the target monthly sales
revenue in the consecutive twelve months starting from the fourth month of
the execution of this agreement. The target monthly sales revenue is the
average monthly sales revenue that could be generated from the virtual
game credits issued monthly in the first three months. Otherwise Party B
shall pay the difference between real and target sales revenue to Party
A.
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4.
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From
the fourth month and later on, Party B needs to confirm with Party A the
game credits to be sold in the first five days of every month, or
Confirmation Date. Party A shall recharge virtual game credits to a game
ID account assigned by Party B.
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5.
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Party
B shall not modify the confirmed amount of game credits per month and
shall not refund the unused game
credits.
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6.
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The
payment period is within two months of the Confirmation Date. Party A is
entitled to freeze the game ID account if Party B does not clear the
payment.
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7.
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Party
A shall pay 30% of the monthly sales revenue confirmed by Party B in at
the beginning of the month as the marketing
fee.
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8.
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The
Party shall notice to the other party ahead of one (1) month, if any party
has any change about this agreement. Otherwise the change is
invalidate.
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9.
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Unaccomplished
matter in this Agreement shall be discuss
later.
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10.
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This
Agreement is executed in two (2) originals, with each Party holding one
(1) set of originals.
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11.
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The
signed address of this agreement is Xi’an
China.
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Party A:
Xxxxxx Information Technology (Beijing) Co., Ltd.
Sign :
Xxxxx Xxx
Party B:
Chendou Shenfang Network Technology Limited
Sign :
Pei Wenting
Date:
25th, Sep.
2009
