Translation of a contract written in Chinese) A CONTRACT FOR THE REBUILDING AND LEASING OF ADVERTISEMENT LIGHT BOXES ON NANJING ROAD PEDESTRIAN STREETNetwork Cn Inc • June 26th, 2007 • Blank checks
The existing advertisement light boxes situated and standing on the ground along Nanjing Road Pedestrian Street were erected in 1999 and in the view of the swift development in technology with the passing of time such advertisement light boxes have become obsolete in style and appearance and are unable to live up to the good reputation of the area being the “number one business avenue of China”. In line with the conceptual requirement of the city government for the advancement and beautification of the Nanjing Road district Party A and Party B have entered into cordial negotiation and reached agreement as follows for the rebuilding and leasing of such advertisement light boxes in accordance with the relevant laws and regulations of the People’s Republic of China.
