Joint Venture Agreement Dated April 12, 1999 Between Asia Media

JOINT VENTURE AGREEMENT (JVA)


Beijing Telecom (hereafter referred to as Party A) and Asia Media Communication, Ltd (MyWeb-inc, hereafter referred to as Party B), will jointly promote and develop the internet television project and information services. To achieve this objective, both parties have agreed to the following:


(1) The responsibilities and tasks of both parties


A. Party A's responsibilities and tasks


1. Party A agrees to provide Party B a [***] disk space in ChinaNet's
information services server for Party B to develop internet
information services.


2. Party A agrees to provide Party B a MyWeb Hot Link banner at a
visible position on the ChinaNet main page and, at the same time,
support Party B in promoting MyWeb Online Services.


3. Party A agrees to provide promotion and marketing strategies to
support Party B in penetrating the Beijing market. Party A will
also utilize its online service to promote rental or sales of
Party B's MyWeb Set Top Boxes.


4. Party A agrees to coordinate with Party B to complete
installation, renewal and editing of information.


5. Party A agrees to provide remote editing of information services.


6. Party A reserve the right to check/review the information content
from Party B.


B. Party B's responsibilities and tasks


1. Party B agrees to adhere to the "People's Republic of Chinese
Information Network International Rules" and the law of the
People's Republic of China.


Party B is not allowed to carry out any illegal activities.
Overall/general rules are as follows:
...