Exhibit 10.36
Co-operation Agreement
Signature Date: Oct. 99
Signature Place: Beijing
Party A: MyWeb Network Systems (Beijing) Co., Ltd.
Address: Unit 905, South Office Tower, Beijing New World Center, No. 3-A,
Chongwenmenwai Da Jie, Beijing,
Tel: 010-67082361
Fax: 010-67082398
Party B: Beijing Yinjian Industry Co., Ltd
Address: No 6, Tanzhuang, Beijing Fengtai District.
Tel: 010-63743015
Fax: 010-63741666-3206
As an international enterprise, which is a public listed company in the USA,
Party A aspires to become the largest television internet platform and website
in China. Party A has cooperation with the main domestic Set-top box cooperation
manufacturer, and ISP, ICP to introduce television internet technology based on
MyWeb, and jointly provide MyWeb internet portal services, and is now having the
leading status in the Chinese television internet market. We would like to
establish various kinds of cooperation with the local company on the basis of
mutual-benefit, to jointly develop the Chinese Internet business.
Party B as:
Party A and Party B to overcome their respective shortcomings by utilizing the
strengths/advantages of the other party, and by the principal of promoting
development of both parties, look upon the long term cooperation, and by
friendly consultation, both sign the following agreement on forging a strategic
partnership.
1. Co-operation Agreement
i. In order to exploit the Internet business together and to develop the
e-business market, both parties agree to establish strategic partnership,
utilize their own strengths/advantages and cooperate closely in order to
exploit the e-business market.
ii. Party A will set up webpage at it's website (www.myweb.com.cn) for Party B
[***], to carry out the businesses such as car rental, car sale, etc. on
the webpage. Party A will be responsible for establishing and maintaining
the webpages whereas all the files, business information and business flow
will be provided by Party B.
iii. Party A and Party B will cooperate closely in e-business. Party B will join
Party A's e-business system as Party A's e-business web shopping delivery
organization, whereby Party B is responsible for delivering the cargo to
the Party A's web shopping customers. At the same time, Party A should try
their best to help Party B's work.
<PAGE>
iv. Both parties will promote for each other by utilizing their own
strengths/advantages. Party A will promote Party B's company and business
on Party A's website and syndicated media.
2. Cooperation Term
This agreement shall be effective from Oct. 1999 for a tentative period of 12
months. After the expiraton of this agreement, both parties will have further
negotiations to extend the cooperation period in the light of the cooperation
circumstances.
3. Other
i. Both parties will reach closer co-operation through further negotiations.
ii. Both parties agree to keep the content of this agreement confidential which
should not be disclosed to any third party.
iii. Both parties shall resolve issues not specifically mentioned in this
agreement at separate negotiations.
iv. Two copies of the agreement were prepared for both parties. Each party
maintains a copy of the same agreement of which both are equally legal and
valid.
Party A Stamp : Party B Stamp :
Signed with Company Stamp Signed with Company Stamp
