Looking for an agreement? Search from over 1 million agreements now.

Consultant Contract For Project Promotion Dated As of June 17, 2007 BY And Among The Company And Fuj

This is an actual contract by China Expert Technology,.
Browse the agreement preview below and buy the entire agreement for $35
Search This Document
Exhibit 10.63


Consultant Contract

for Project Promotion


Signing Date: June 17, 2007


Signing Place: Longyan City of Fujian Province


Party A:

EXPERT NETWORK (SHENZHEN) COMPANY LIMITED

Representative:

ZHU Xiaoxin


Party B:

FUJIAN INTERNET CONSULTANTS LIMITED

Representative:

WANG Lu Fei


In order to speed up the development and promotion of Party A' s e-government construction projects in Fujian district and to enhance the competitiveness and efficiency of Party A' s e-government contract business, Party A hereby appoints Party B as project consultant. Based on the principles of equality and mutual benefit and upon friendly negotiation, Party A and Party B reached the following terms and conditions:


1.

Party A agrees to appoint Party B as the project consultant for Party A so that Party B will provide series of services to assist Party A in promoting Party A' s e-government construction project in the Fujian District of China.


2.

It is hereby confirmed by both parties that upon Party B agreeing to perform the above mentioned services, Party A agrees to pay the consultant fee to Party B, particulars of which are set out as follows:

2.1

Amount of the Consultant Fee :
Party A shall pay Party B a consultant fee equals to 5% of the total contract sum (excluding the cost of Hardware Platform purchased on behalf of the project owner) signed by Party A. Party A shall have the right to make absolute decision in calculating the amount of the consultant fee whereas Party B shall have no right to object to such calculation.

2.2

Payment Method :
Party A shall pay the consultant fee by way of common stock of its parent company China Expert Technology Inc. (OCTBB trade symbol: CXTI). Both Party A and Party B agree that the common stock will be issued to a person designated by Party B.

2.3

Calculation of Valuation of the Common Stock :
The common stock to be issued is determined by utilizing an average of the daily market closing price of CXTI' s common stock for the 10 trading days prior to the signature date of a main contract of any e-government projects sourced by Party A.

2.4

Time of Payment :
Party A shall pay Party B the consultant fee within 10 business days after Party A has successfully signed a main contract with the local government sourced by Party B.

2.5

Remarks :
Upon completion of the first phase of the e-government project under the main contract signed between Party A and the local government sourced by Party B, Party A shall have the right to construct any further phases of the same e-government project or make any other construction contracts with the same local government for the constructions of other projects without the consent of Party B and/or without the need to pay any further commission to Party B.


3.

Rights and obligations of Party A and Party B

-- End of Preview --
Home| About Us| FAQ| Subscription | Contact Us |