Agreement No.__________
Agency Agreement
Shaanxi Baishui Dukang Brand Management Co., Ltd.
AGENCY AGREEMENT
Party A: Shaanxi Baishui Dukang Brand Management Co., Ltd.
Party B: Ms. Xue Aixian ID card No.: 612101195412020826
In view of that Party B agrees to renewal the nationwide franchise buyout of the products of Party A — “Baishui Dukang · Refined Liquor Series (four kinds of liquor products)” which has already circulated in the market, Party A and B have reached an agreement through friendly consultation to conclude the following contract:
| 1. | Party B buy out the nationwide franchise of the products of Party A — “Baishui Dukang · Refined Liquor Series” which has already circulated in the market. |
| 2. | The term of the buyout is from May 21, 2010 to May 20, 2011. When the agreement terminates and Party B is willing to renewal it, Party B owns the rights to first renew the agreement. |
| 3. | The fee for the buyout is for RMB1,200,000 (RMB one point two million yuan), 60% of the fee shall be paid before May 30, the remaining 40% of it shall be paid before August 31, 2010, otherwise there shall be an overdue fine for 5‰ per day. |
| 4. | During the period of the buyout, Party A shall guarantee the requirements of Party B for products and ensure that the product quality should meet the national quality standards. |
| 5. | During the period of the buyout, Party B shall in charge of the product sales network of Party A, and Party A can not sell any of the buyout products. |
| 6. | Party B assures of completing the sales target for RMB 3,000,000 during the period of the buyout, or each 10 percent decrease on the uncompleted sales target will result in 5 percent increase on the buyout fee. |
| 7. | The Agreement is in duplicate with the equal legal effect and each party holds one copy. |
| Party A: | Party B: |
| Shaanxi Baishui Dukang Brand Management Co., Ltd. | Ms. Xue, Aixian |
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| Date: May 12, 2010 | Date: May 12, 2010 |
