PRELIMINARY AGREEMENT TO FORM A
CONTRACTUAL JOINT VENTURE BETWEEN
CHANGSHA GUANG DA TELEVISION BROADCASTING BROADBAND NETWORK LTD.
BIG SKY NETWORK CANADA LTD.
In accordance with the "Law of the People's Republic of China on Contractual Joint Ventures" and other relevant
laws and regulations of Hunan province, adhering to the principle of equality and mutual benefits and the spirit of
friendship and cooperation, Changsha Guang Da Television Broadcasting Broadband Network Ltd. ("Party A")
and Big Sky Network Canada Ltd. ("Party B"), have reached an agreement to form a Contractual Joint Venture
(the Company) at the City of Changsha in the Province of Hunan. The Parties have agreed to sign this Agreement
before signing a formal contract:
1. The Contractual Joint Venture shall be established at the City of Changsha, in Hunan Province, the People's
Republic of China. The name of the Company will be decided in the future.
2. The objective of the Company is to provide Internet technology services for data transmission and Internet
related business in the Hunan Province. This will be accomplished by economic cooperation and technical
exchanges as well as through adopting advanced technology and scientific management expertise, in order to
achieve reasonable economic results and ensure a maximum rate of return for both Parties.
3. The Scope of Business of the Company shall include the provision of broadband data network technology
services including, without limitation, the purchase, processing, upgrading, development, installation, operation,
maintenance and management of network platform for broadband data transmission, network based data
transmission and value-added business; application software development; and technical, consulting, management
and training services.
4. Terms and Conditions of the Cooperation: Party A ensures that the Company shall be the exclusive provider
of the Internet technology services in relation to the Network (the ownership of the Network belongs to Party A