English Translation of Registered Trademark Usage License Agreement
Exhibit
10.8
English
Translation of
Licensor
(hereinafter referred to as “Party A”) : Duoyuan Investments
Limited
Licensee
(hereinafter referred to as “Party B”): Duoyuan Digital Press Technology
Industries (China) Co., Ltd.
Through
mutual consultation, Party A and Party B hereby agree as follows:
1. Party
A hereby licenses Party B to use all the registered trademarks applied under
Party A’s name on any commodities produced by Party B as of October
2008.
2. Party
B may use any registered trademark so licensed by Party A for free;
3. Party
A shall not terminate such licensed use by Party B without reason;
4. The
right to use the registered trademarks for free vested to Party B by Party A is
limited to the territory of PRC;
5. Party
B hereby guarantees that it shall not harm Party A’s reputation while using
Party A’s registered trademarks.
The
agreement is executed in two counterparts and each party shall keep one copy.
Any issues not covered herein shall be subject to mutual consultation between
Party A and Party B.
Party A:
Duoyuan Investments Limited (official seal)
Person
in charge: /s/ Xxx Xxxxxx
Party B:
Duoyuan Digital Press Technology Industries (China) Co.,
Ltd. (official seal)
Person
in charge: /s/ Xxx Xxxxxx
Date of
execution: October 2008
Place of
execution: Daxing, Beijing