Leasing Agreement
Exhibit
10.23
Lessor
(Party A): Wei Jing
Lessee
(Party B ): Harbin Queen Beauty Demonstration Center
Under the
Contract Laws of People’s Republic of China and other regulations, Party A and
Party B entered into the agreement after the friendly negotiation.
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1. Party A will lease to Party B
the 6 houses located at 000 Xxxxxxx Xxxxxx, Xxxxxxx District, Harbin to Party B, they are : Xx.
0 0-0, 000 xx Xxxx 0, 301, 302 and 303 of Xxxx 0, 000 xx Xxxx
0.
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2.
The leasing term will be 10 years, i.e. from Oct. 15, 2008 to Oct 14,
2018. The annual rental amount will be 500,000 Yuan from Oct. 15, 2008 to
Oct. 14, 2014, and from Oct. 15, 2014 to Oct. 14, 2018, the annual rental
amount will be 550,000 Yuan.
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3.
The rental amount should be paid first, Party B should pay 3,000,000 for 6
years rental amount from Oct. 15, 2008 to Oct. 14, 2014. Party B should
pay 100,000 to Party A as deposit at the signing date: From the
constructing date, Party B should pre-pay Party A 400,000 Yuan, the rest
of 2,500,000 should be paid to Party A before Oct. 14, 2008. Afterwards,
the rental amount should be paid a month in
advance.
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4.
Tablet. During the leasing term, Party B has the exclusive right to rent
the tablet and Ad. Area.
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5.
Parking Area : the front of the Party B’s operation area could become
parking area, for Party B to use.
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6.
Lessor and Lessee Alternation
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1)
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If
Party A transferred the ownership to the third party, all of the clauses
in the agreement should be in the same legal
effect
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2)
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If
Party A would like to sell or rent the house, should notice Party A 3
months in advance. Under the same condition, Party B has the priority
right to purchase the house.
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3)
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Party
B should sublease the house under Party A’s
permission.
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7.
Party A provides 5 months of decoration period, i.e. from May 15, 2008 to
Oct 14, 2008. During the decoration period, the rental amount will be
exempted, but Party B should bear the water & electricity fees,
property management fees and other
expenses.
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8.
During the leasing period, the water & electricity fees, property
management fees, warming fees and the relevant taxes should be borne by
Party B.
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9.
During the leasing period, Party B should be in all responsibility for
fire protection, security and sanity, should take good care about the fire
protection equipments which belong to Party A. The normal breakage of
equipments should not be the Party B’s
duty.
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1
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10.
The construction party B engaged in must meet the property company’s
requirements. The construction project should only be conducted under the
premises of insuring the house
security.
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11.
During the leasing period, all the civil, criminal liabilities and debts
should be borne by Party B.
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12. The two Parties should
cooperate with each other on dealing with the registration matters, any
of the parties should not reject to provide the relevant legal
procedures as lessor of lessee
should.
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13.
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During
the leasing term, Party B has right to change the operation or joint
venture according to the operation condition and the outer competition
environment.
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14.
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The
two parties should perform the agreement strictly, should not breach the
agreement from the signing date, or the breaching party should bear all
the liabilities. The two parties agreed that the breaching amount will be
the 200% of the rental amount, and should pay the breaching amount within
30 days from the first date of breaching by
cash.
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15.
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After
the expiration date, if Party A would like to continue to rent, Party B
will have the priority right under the same
condition.
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16.
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The
agreement will be in effectiveness from the signing date. If any party
would not like to cooperate after the expiration date, should notice the
other party 3 months in advance if any information was not mentioned,
should be discussed by the two parties and make the additional agreement.
The additional agreement has the same legal effect with the
agreement.
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17.
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Exemption
Clause. The two parties should not be responsible for the rental house
damaged by the natural disaster or the force majeure. The period when the
Party B could not use the rental house normally because of the force
majeure should be removed from the leasing term. If the agreement cannot
be performed because of the force majeure, Party A should return the
rental amount pre-paid by Party B.
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18.
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Disputes
Settlement. The agreement will be in effectiveness from the signing date.
If any disputes arise during performing the agreement, the two parties
could solve the disputes by friendly negotiation, or by the laws to
protect two parties’ interests.
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19.
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Two
copies of the agreement, one copy for each party. The agreement will be in
effectiveness from the signing
date.
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20.
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After
Party B registered the new company, all of the Party B’s rights and
obligations under the agreement should be transferred to the new
registered company. Meanwhile, the two parties need to sign the additional
agreement, the terms of the agreement should be remained the
same.
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Signature
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Signature
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ID
Number:000000000000000000
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ID
Number:000000000000000000
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Address:151
Renhe Street, Nangang District, Harbin
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Company
address: 803, Xxxx 0, 00 Xxxxx Xxxxxx, Xxxxx Xxxxxxxx,
Harbin
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Party
B: Harbin Queen Beauty Demonstration Center
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Representative:
Guozhe Li
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Signing
Date: April17, 2008
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