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(Translated from the Chinese version)
AGREEMENT The Chinese Society of Urban Development and Gold-Mine Travel (Ontario) Inc. of Canada have joined efforts in order to promote and develop tourism in China as well as enhance the cultural and economic exchange between cities (both within China and internationally). The following outlines the agreement drafted between the Chinese Society of Urban Development and Gold-Mine Travel (Ontario) Inc. of Canada: 1. Gold-Mine Travel (Ontario) Inc. of Canada will be the sole organization outside of China collaborating with the Chinese Society of Urban Development in the proposed venture. It will liaise with interested investors, and be responsible for the planning, organization, and marketing of the business travel tours. 2. The Chinese Society of Urban Development will be the sole organization in China in direct association with the business travel tours, in collaboration with and with support from the China Cities International Travel Service of China. 3. The tour routes and content have been discussed and agreed upon by both the Chinese Society of Urban Development and Gold-Mine Travel (Ontario) Inc. of Canada. Further changes from either party must be proposed and agreed upon by both parties at least three months prior to implementation date. 4. All fees received from tour members must be wired to the account of the Chinese Society of Urban Development prior to the members arriving in China. 5. Both parties have agreed to collaborate on good terms. Any changes can be implemented only after both parties have agreed upon them. 6. Four copies of this agreement have been made, two for each party, effective once signed. The contract is effective for one year, and is renewed automatically every year. Should either party wish to cease the contract, they should do so in writing at least six months prior to the end date. |
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