JOINT VENTURE AGREEMENT
Party A: XxXxxxxx.xxx
Party B:Haier
Both parties agree to be business partners in product development, marketing &
promotion, providing content, e-commerce, and jointly open up/develop the China
TV Internet market. The agreement is as follows:
A. Both parties agree to jointly develop and promote MyWeb Internet TV product
- Haier MyWeb
1. Party B agrees to be the Chinese manufacturer of MyWeb Set-top boxes.
2. Party A agrees to
- provide software technical support,
- licensing of the products manufactured,
- recommendation to Party B on the marketing channel,
- technical support, and
- [***] boxes.
3. Both parties agree to join with ISP and ICP to execute marketing and
promotional activities, and share the same marketing channel.
4. Both parties agree to develop the Haier-MyWeb set-top box product.
Party A will provide the software and Party B will provide the
hardware.
B. Party B agrees to include the MyWeb Online software into the joint venture
product in order to provide customers with easier usage of the products.
C. Both parties agree to a joint venture in E-Commerce. Party A will support
the sales and e-commerce for Party B in the worldwide network of Party A.
Party A also agrees to add Party B's link in the China MyWeb online service
website and jointly develop "Haier Family Internet Shopping Community", and
jointly promote this in the market.
MyWeb Haier
/s/ illegible /s/ illegible
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July 12th 1999 July 12th 1999
[***] A portion of this page has been omitted pursuant to a request for
Confidential Treatment and filed separately with the Commission.
