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EXHIBIT 10.37
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Agreement on Cooperation
Party A: MyWeb Network System (Beijing) Co. Ltd.
Party B: Beijing Goyoyo Technology Development Ltd.
To improve the business development of both parties, the following agreement in
respect of the building up of a Chinese search engine in the website of Party A
has been reached after negotiations and based on the principle of equality
and mutual benefits.
I. Party A places a search bar of a Chinese search engine and a
classification catalog at a prominent position on the main page of
its website(xxxx://xxx.xxxxx.xxx.xx), and the search service and
classification catalog of the search engine is provided by Party B.
II. Party A will place the remark of "Technology Support Provided by
Goyoyo" on the main page of the search engine with logos of both
parties and a linkage to Goyoyo in the inner pages.
III. Party B authorizes the usage of the Chinese search engine and the
classification catalog function by Party B which can be shown in the
chinese website of Party A in its own name. However, Party A cannot
transfer this authorization to 3rd parties. This agreement does not
limit any other operation of searching within the website of Party A
itself.
IV. Party B sets a server to provide a service of Chinese search and
classification catalog to Party A, and provides a related maintenance
along with a unique domain name (xxxx://xxxxx.xxxxxx.xxx.xx or
xxxx://xxxxxx.xxxxx.xxx.xx). Its content is in accordance with that of
the website of Party B.
V. Party B is to accomplish all the technical operation of the search
engine of the website of Party A, within one week from the effective
date of this contract, to enable the opening of this catalogue, with a
linkage at the related space or page to the website of Party A.
VI. Both parties can sell advertising space of Chinese search engine and
the classification catalog. The party who sells the advertising space
shares [***] of the income, and the other party shares [***] If there
is no advertisement sold, both parties place its own advertisement
space based on a ratio of [***] and the advertisement sales price and
the agency commission is to be determined under a negotiation between
both parties. The advertising income is to be settled and brought to
account by both parties within [***] days after the launch of the
advertisement. The advertisement monitoring program is provided by
Party B and supervised by both parties.
VII. Party A cannot cooperate with any other search engine in a similar way
within the cooperation period. A notification is to be given 3 months
in advance if either side wants to terminate the contract within the
agreement period. The agreement can only be terminated with the
consent of both parties after negotiation between both parties,
otherwise it will be regarded as a breach of contract.
VIII. The agreement is valid for one year, and is to be continued
automatically after the time is up if neither side does not dissent.
IX. This agreement takes effect from the date of signing and stamping.
Matters that are not included here are to be resolved by negotiation
of both parties.
X. There are two copies of this agreement and each party is to keep one
copy. This agreement takes effect from the date of signing and
stamping.
Party A: Party B:
MyWeb Network System (Beijing) Co. Ltd. Beijing Goyoyo Technology Development Ltd.
Signature: Signature:
3rd November, 1999 3rd November, 1999
[***] Portions of this page have been omitted pursuant to a request for
Confidential Treatment and filed separately with the Commission.
