Property Transfer and Leaseback AgreementProperty Transfer and Leaseback Agreement • December 24th, 2009 • Utstarcom Inc • Communications equipment, nec
Party A and Party B, after discussions and negotiations, herby mutually agree to enter into this agreement (the “Agreement”) in respect of Party B’s purchase from Party A the real estate property, affiliated facilities, affiliated equipment and other auxiliary facilities and structures (hereinafter, the “Property”) located at 368 Liuhe Road, Binjiang District, Hangzhou, Zhejiang Province, People’s Republic of China, pursuant to the provisions of The People’s Republic of China Contract Law , The People’s Republic of China Real Estate Administration Law and The People’s Republic of China Property Law.
