Premises Lease Contract
Party A: Beijing Human Edu-Tech Co., Ltd.
Party B: Beijing Perfect World Network Technology Co., Ltd.
In accordance with the “Contract Law of the People’s Republic of China” and related laws and regulations, Party A and
Party B, abiding by the principle of equality, free will, fairness and credibility and through friendly negotiations, hereby enter
into this Contract with respect to Party B leasing the Premises defined below (for office purpose) from Party A, on and subject
to the terms and conditions as set forth below:
Article 1 Location and Area of the Premises
Party A will lease its Premises located at A702, Yingchuang Dongli, 1 Shangdi East Road, Haidian District, with a floor area
of 1200m 2 (“the Premises”) to Party B for office purpose.
Article 2 Ownership of the Premises
Within the effective term of this Contract, Party A has the ownership and management right of the Premises and Party B
has the use right of the Premises. Within the effective term of this Contract, Party B shall not transfer, sublet or mortgage the
Premises. Otherwise, Party A is entitled to repossess the Premises, forfeit the security deposit and terminate this Contract.
Article 3 Purpose of the Premises
Party B shall only use the Premises for office purpose, e.g. R & D, production, etc.
Article 4 Lease Term
The lease term of the Premises is one year, i.e. from January 1, 2005 to December 31, 2005. Upon expiry of lease term hereof,
if Party B renews the lease, it shall have the right of first refusal under equal conditions.
Article 5 Payment of Rental and Other Expenses
1. The daily rental of the Premises is RMB 3/m 2 , i.e. annual rental is RMB 1,296,000. Rental shall be paid every three
months, i.e. RMB 324,000. Party B shall pay the first installment to Party A within 5 days prior to the commencement date of
lease (i.e. January 1, 2005). Each of subsequent installments shall be paid within 5 days prior to the expiry of previous