Lease Agreement

Lease Agreement (English Translation)

Lease Agreement
(English Translation)


Lessor hereinafter referred to as Party A):Changzhou CTS Fashion Co., Ltd.

Lessee hereinafter referred to as Party B):Shanghai Baby Fox Fashion Co., Ltd.
 
Through both parties’ friendly negotiation, they agree:

1. Party A is the lawful owner and in lawful possession of The Third Floor, No.7 Building, 88# Hu Bin North Road, Wujin District, Changzhou. Party B will take the area as the storehouse of ready-to-wear clothes. The floor takes averagely 1300 square meters with annual rent of 150,000 RMB Yuan. Party B will pay the rent of six months each time.
    2. For better conveniences of Party B, Party B leases from Party A the first floor of Building 5th of Party As premises with the area 1500 square meters as their office with annual rent of 80,000 RMB Yuan. Party B will pay the rent of six months each time.
3. Party A lets Party B take the demised premises for a period from January 1, 2010 to December 31, 2010.
4. By the end of this agreement, Party B has the preferential releting right.
5. For outstanding issues, the two parties will resolve through negotiation.

Party A: Changzhou CTS Fashion Co., Ltd.     
Party B: Shanghai Baby Fox Fashion Co., Ltd.
   
Signed By:
Signed By:
   
Date:
Date: