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Agreement#: AG-89125
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Joint Venture Cooperative Memorandum

Parties:

Adatom.com

Sectors: Retail
Exhibit 10.24


JOINT VENTURE COOPERATIVE MEMORANDUM
BETWEEN CHINA FEDERATION OF INDUSTRIAL ECONOMICS AND ADATOM.COM, INC.


Cooperators: Party A: China Federation of Industrial Economics (CFIE), P.R.China Party B: Adatom.com, Inc. (Adatom), USA


1. This agreement is established between Party A, China Federation of
Industrial Economics (CFIE), No.9, Xihuangchengen Nanjie, Beijing100032, P.
R. China. CFIE Representative: Lai Guangxian, Director of Commission of
Information, and Party B, Adatom.com, Inc. (Adatom), 920 Hillview Court,
Suite 190, Milpitas, CA 95035, USA. Adatom Representative: Rich S.Barton,
President and CEO of Adatom.com, Inc.


2. CFIE (Party A) and Adatom (Party B) based on mutually beneficiary and
friendly discussions agree to establish a joint venture company. This
agreement will be in force for thirty years from the date of execution and
can be extended by the agreement of both parties.


2.1 The duration of the corporation is 30 years. The starting date is
effective on the day of signing the agreement.


2.2 Scope of cooperation: Establish an electronic marketplace for a
ma ...

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