Lease Contract
Exhibit 10.18
Lessor (Party A): Xxxxxx Xxxx
Lessee (Party B): Harbin Yew Science and Technology Development Co., Ltd.
This Contract is enacted according to “Contract Law of the People’s Republic of China” and the Parties hereby agreed as follows:
| 1. | Party A agreed to lease the property with a construction area of 92.8m2 (5th Floor, Xxxx X, Xxx Xxxx Xxxxxxxx, Xxxxxxxx Xxxx 18, Xiangfang District, Harbin City) to Party B for office use. |
| 2. | Lease term |
The lease term will be 15 years, from January 1, 2010 when Party A provides the premise to Party B, to December 31, 2025 when Party B returns the premise to Party A.
| 3. | Payment |
RMB 15,000 per year.
| 4. | Modification and termination |
This Contract can be modified or terminated when both parties agree. Otherwise, any modification and termination will be deemed as breach of contract.
| 5. | If the negotiation fails to resolve the controversy, each party or both parties may submit the outstanding issue to court in accordance with “Contract Law of the People’s Republic of China”. |
This agreement is in duplicate, each party will hold one copy.
Lessor: (Sign or Chop) Xxxxxx Xxxx
Lessee: (Sign or Chop)
Harbin Yew Science and Technology Development Co., Ltd.
Xxxxxxxx Xxx
January 1, 2010
