Exclusive Technical Development and Consulting Agreement
THIS EXCLUSIVE TECHNICAL DEVELOPMENT AND CONSULTING AGREEMENT (“this Agreement”) is entered into by the
parties below in Beijing as of March 31, 2007:
Party A: Worksoft Creative Software Technology Ltd.
Registered address: 3F, No.8 Building, Zhongguancun Software Park, 8 Dongbeiwang West Road, Haidian District, Beijing
Party B: Shanghai Megainfo Tech Co., Ltd.
Registered address: 9F, Zi An Building, 309 Yuyuan Road, Shanghai
Party C: Zhao Ming (Chinese citizen, ID Card Number: 310109196802203831)
Address: Rm.208, 2#, Lane 270, Xingfu Village, Siping Road, Hongkou District, Shanghai
(Party A, Party B and Party C are hereinafter collectively referred to as “Parties” and respectively referred to as “Party”.)
NOW, THEREFORE, the Parties hereby agree as follows:
(1) Party A is a wholly foreign-owned enterprise incorporated in the People’s Republic of China (“China”), which has the
capability and resources in respect of software development and technical consultancy;
(2) Party B is a domestically-funded limited liability company registered in China;
(3) Party B hopes to entrust Party A to be engaged in technical development and further hopes that Party A provides related
technical consultancy for its IT solution. Party A accepts Party B’s entrustment to be engaged in the said technical
development and provide related technical consultancy to Party B;
(4) Party C is Party B’s sole shareholder and holds Party B’s 100% equity interest, and Party C agrees to provide a guarantee
for Party B’s performance of this Agreement.
Technical Development and Consultancy; Sole and Exclusive Interests
During the term of this Agreement, Party A agrees to, as the exclusive technology developer and technical consulting
service provider of Party B, carry out technical development for Party B and provide technical consultancy to Party B (the