Land Use Right and Housing Ownership Transfer AgreementLand Use Right and Housing Ownership Transfer Agreement • April 13th, 2010 • Kingtone Wirelessinfo Solution Holding LTD
WHEREAS, Party A, Shaanxi Aoda Property Co., Ltd. possesses the land use right of Building No. 17, including the building itself and its annex, located at Beilin Industrial Park, Huoju Road, Gaoxin District, Xi’an, which are free of any mortgage, pledge, and disputes, and can be freely transferred; Party A is willing to transfer. Party B, Xi’an Kingtone Information Technology Co., Ltd, a Hi-Tech stock company mainly engaged in the research and development of wireless video software and hardware, is willing to purchase the land-use rights of the building, the building itself and its annex in accordance with Party B’s development.
