ContractBusiness Alliance Agreement • May 5th, 2020 • New York
Contract Type FiledMay 5th, 2020 Jurisdiction<DOCUMENT> <TYPE>EX-4.18 <SEQUENCE>7 <FILENAME>h00614exv4w18.txt <DESCRIPTION>EX-4.18 BUSINESS ALLIANCE AGREEMENT DATED AS OF APRIL 5, 2006 <TEXT> <PAGE> EXHIBIT 4.18 BUSINESS ALLIANCE AGREEMENT BUSINESS ALLIANCE AGREEMENT (this "AGREEMENT") dated as of April 5, 2006 (the "EFFECTIVE DATE"), between RECRUIT CO., LTD., a Japanese corporation ("RECRUIT") and 51job, Inc., a Cayman Islands company ("51JOB"). Recruit and 51job are referred herein individually as a "PARTY" and collectively as the "PARTIES." WHEREAS, Recruit has substantial know-how and experience in the human resources and other businesses as Japan's leading HR company; WHEREAS, 51job has significant and substantial know-how and experience in offering HR-related services in China, including without limitation the Hong Kong Special Administrative Region, (the "TERRITORY") as the Territory's leading online and offline human resources company; WHEREAS, the Parties wish to establish a business alliance (the "ALLIANCE") to serve a