EXHIBIT 10.5
Trademark Transfer Agreement
Transferor: Duoyuan Clean Water Technology Industries (China) Co., Ltd.
Address: 0xx Xxxxx, Xx. 0 Xxxxxxx Xxxx, Xxxxxx Industrial Development Zone,
Beijing
Transferee: Duoyuan Investments Limited
Address: British Virgin Islands
Party A and Party B reach the following agreement regarding the transfer of
trademarks through consultation according to the principles of willingness and
equality, arms-length and good faith.
I. Party A shall transfer the pattern trademarks registered under its name in
category 1, 33, 7, 11, 32, 37, 39, 40, 3, 27, numbered 782129, 784829,
796442, 796548, 796902, 797884, 801857, 805852, 880276, 1944127
respectively to Party B. Party A will transfer the abovementioned
trademarks to Party B with no monetary consideration.
II. Party A will assist Party B in connection with the registration of such
trademark transfer, especially including providing all documents and
formalities required for such trademark transfer. Party A guarantees the
authenticity, validity and legality of such documents and formalities, and
undertakes to deliver such documents and formalities to Party B after
execution of this Agreement.
III. Application for trademark transfer hereunder shall be submitted to
Trademark Office of the State Administration for Industry and Commerce for
approval. Certification for Approval of Trademark Transfer and Notice for
Approval of Trademark Transfer shall be issued upon approval.
IV. Party B shall bear all expenses incurred in connection with such trademark
transfer.
V. Both Party A and Party B undertake to abide by this Agreement, and shall
bear corresponding responsibilities for breach of contract.
VI. Any matter that is not covered herein shall be discussed and agreed upon
between the parties separately.
VII. This Agreement is made in two original copies with the same legal effect.
Party A and Party B shall hold one copy each.
VIII. This Agreement shall become effective upon execution by both parties.
Party A: (Company Stamp)
Transferor: Duoyuan Clean Water Technology Industries (China) Co., Ltd.
By: Xxxxxx Xxx
/s/ Xxxxxx Xxx
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December 1, 2007
Party B: (Company Stamp)
Transferee: Duoyuan Investments Limited
By: Xxxxxx Xxx
/s/ Xxxxxx Xxx
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December 1, 2007
