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Land Lease Agreement

by DOT VN,

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Sectors: Computer Software and Services
Effective Date: September 09, 2009
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Exhibit 10.44



C ?NG Hd2A Xc3 H ?I CH ? NGH ?A VI ?T NAM

d0 ?c l ?p - T ? do - H ?nh phfac

? ? ?o0o ? ? ?



B ?N TH ?A THU ?N THUca d0 ?T

LAND LEASE AGREEMENT



S ? / No : /TT-Td0/KCNC-2009



Hf4m nay, nge0y ......... the1ng .......... n ?m ................, chfang tf4i g ?m cf3 :

On this day, ............... month............ year.................., the parties consisting of :



1. BAN QU ?N Ldd KHU Cd4NG NGH ? CAO TP. HCM (SHTP) (Sau ?e2y g ?i le0 Bean A ).


BOARD OF MANAGEMENT OF SAIGON HI-TECH PARK (Hereafter referred to as Party A)



d0 ?i di ?n/ Legal Representative : d4ng/ Mr Lca THc1I H ? - Tr ? ?ng ban/ President
d0 ?a ch ?/ Address : Qu ?c l ? 52, Xa l ? He0 N ?i, ? ? ?ng D1, Qu ?n 9, The0nh ph ? H ? Ched Minh.
d0i ?n tho ?i/ Telephone No : (84.8) 37.360.291
Fax/ Facsimile No : (84.8) 37.360.292.
S ? te0i kho ?n/ Bank Account No : 314-10-37-000249-6 (USD) ? 314-10-00-026465-4 (VN ?) t ?i
Nge2n He0ng ? ? u t ? ve0 Phe1t tri ?n Vi ?t Nam ? Chi nhe1nh ?f4ng Se0i Gf2n / at Bank for Investment and Development of Vietnam ? Eastern Saigon Branch.


2. Dot VN, INC.(Sau ?e2y g ?i le0 Bean B ).


Dot VN, INC. (Hereafter referred to as Party B)



d0 ?i di ?n/ Legal Representative : d4ng/Mr Phuoc Lee Johnson ? T ?ng gie1m ? ?c
? ?a ch ?/ Address : 9449 Balboa Ave, Suite 114, San Diego, CA 92123, USA
d0i ?n tho ?i/ Telephone No : (1-858) 571-2007
Fax/ Facsimile No : (1-858) 571-8497
S ? te0i kho ?n/ Bank Account No : 832-6151100 t ?i Nge2n he0ng Wells Fargo


Sau khi be0n b ?c, chfang tf4i cf9ng nh ? t tred ce1c ?i ?u kho ? n ve0 ?i ?u ki ? n sau ?e2y :

Both parties have mutually agreed to sign the Land Lease Agreement with the terms and conditions as follows:



d0I ?U / ARTICLE 1 :



Bean A ? ?ng fd cho Bean B ? ?t c ?c ti ?n ? ? gi ? 01 lf4 ? ?t t ?i Khu cf4ng ngh ? cao TP.HCM v ?i t ?ng di ?n tedch le0 6040m 2 (Se1u nge0n khf4ng tr ?m b ? n m ? ?i me9t vuf4ng) (s ? di ?n tedch chednh xe1c s ? ? ? ?c xe1c ? ?nh theo di ?n tedch giao th ?c t ? t ?i hi ?n tr ? ?ng) ? ? tri ?n khai d ? e1n theo Gi ?y ch ?ng nh ?n ? ?u t ? s ? ? ? ?c c ?p phe9p. Gie1 thuea ? ?t k ? t ? nge0y kfd H ?p ? ?ng thuea ? ?t le0 4 (b ?n) ?f4la M ? / m 2 /n ?m (ch ?a cf3 thu ? gie1 tr ? gia t ?ng).
















Party A agrees to a deposit from Party B to preserve the land lot with a total area of 6040 m 2 (six thousand and forty square meters) (the accurate area will be adjusted based on actual delivery) for the purpose of project as stated in the Investment License. The land rent since the signing date of the Land Lease Contract will be US$ 4 (four)/ m 2 / year (VAT not included)



1.1. Th ?i gian thuea ? ? t k ? t ? nge0y kfd H ?p ? ?ng thuea ? ?t le0 50 (n ?m m ? ?i) n ?m.


The Lease commencing from the signing date of the Land Lease Contract is 50 (fifty) years.



1.2. T ?ng s ? ti ?n thuea ? ?t le0 6040 m 2 x 4USD x 50 n ? m = 1.208.000 USD (M ?t tri ?u hai tr ? m l ? te1m nge0n ?f4 la M ?) (ch ?a cf3 thu ? gie1 tr ? gia t ?ng).


Thanh toe1n ti ?n thuea ? ?t theo t ? gie1 c ?a nge2n he0ng ngo ?i th ? ? ng Vi ?t Nam t ?i th ? i ?i ?m thanh toe1n (n ?u s ? d ?ng VN ? )

The total land rent is 6040 m 2 x 4USD x 50 years = 1,208,000 US$ (one million two hundred and eight thousand US dollars) (exclusive of VAT)

Land lease payment should be paid according to the exchange rate of Bank for Investment and Development of Viet Nam at the payment's time (if use VN ?).



1.3. V ? tred lf4 ? ?t : Lf4 T1-1, Khu cf4ng ngh ? Cao, Qu ?n 9, T.p H ? Ched Minh.


The lot location: lot T1-1, SHTP, District 9, HCMC.



d0I ?U / ARTICLE 2 :



2.1 Trong vf2ng 30 (ba m ? ?i) nge0y k ? t ? nge0y kfd B ?n th ?a thu ?n ne0y, Bean B ph ?i ? ?t c ?c cho Bean A s ? ti ?n b ?ng 10% (m ? ?i ph ? n tr ?m) c ?a t ?ng s ? ti ?n thuea ? ?t, t ?c s ? ti ?n le0: 120.800 USD (m ? t tr ?m hai m ? ?i nge0n te1m tr ?m ?f4 la M ?). N ?u Bean B khf4ng th ?c hi ?n ?fang ve0 ? ? d0i ?u ne0y thec B ?n th ?a thu ?n ne0y khf4ng cf2n hi ?u l ?c.


Within 30 (thirty) days after signing this Land Lease Agreement, Party B will pay Party A a deposit of 10% (ten percents) of the total land rent, which is 120,800 US$ (one hundred twenty thousand and eight hundred US dollars). If Party B would not fully carry out this Article, this Land Lease Agreement will be invalidated.



2.2 Trong vf2ng 30 ( ba m ? ?i) nge0y k ? t ? nge0y kfd H ?p ? ?ng thuea ? ?t, Bean B s ? thanh toe1n cho Bean A s ? ti ?n b ?ng 40% (b ?n m ? ?i ph ? n tr ?m) c ?a t ?ng s ? ti ?n thuea ? ?t, t ?c s ? ti ?n thanh toe1n le0: 483.000 USD (b ? n tr ?m te1m m ? ?i ba nge0n ?f4 la M ?).


Within 30 (thirty) days after the signing day of Land Lease Contract, Party B shall pay Party A 40% (forty percents) of the total land rent, which is 483,000 US$ (four hundred and eighty three thousands US dollars).



2.3 Ti ?n thuea ? ?t cf2n l ?i 604.000 USD (se1u tr ? m l ? b ?n nge0n ?f4 la M ?) t ?c 50% ( n ? m m ? ? i ph ?n tr ? m) t ?ng s ? ti ?n thuea ? ?t s ? ? ? ?c Bea n B thanh toe1n h ?t cho Bea n A nh ? sau:
b7 25% trong vf2ng 6 the1ng k ? t ? nge0y nh ?n
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