EXHIBIT 6.03
CONTRACT
BETWEEN:
SHOWSTAR ▇▇▇▇▇▇.▇▇▇ INC.
▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇▇▇, ▇.▇.
▇▇▇ ▇▇▇
(Hereinafter referred to as "Showstar")
AND:
▇▇▇ ▇▇▇▇▇
515 KSH Centre
▇▇▇-▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇
▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇
Hong Kong
(Hereinafter referred to as "LZ")
WHEREAS Showstar agrees to enter into a contract with LZ and whereas LZ agrees
to enter into a contract with Showstar to establish a Joint Venture operation in
China, the following conditions are hereto agreed to in part and in full pending
the creation of a more formal contract:
LZ hereby agrees to:
1) Establish an office and presence, in Hong Kong and China for ▇▇▇▇▇▇▇.▇▇▇, a
division of ShowStar ▇▇▇▇▇▇.▇▇▇, Inc., for the acquisition of content for the
web-sites.
2) Be the exclusive representative in China for ▇▇▇▇▇▇▇.▇▇▇ and ShowStar
▇▇▇▇▇▇.▇▇▇, Inc.
3) Provide proper accounting records as specified by ▇▇▇▇▇▇▇.▇▇▇ for all funds
associated with this agreement
SHOWSTAR agrees to:
1) ▇▇▇▇▇ ▇▇ the exclusive right to represent ▇▇▇▇▇▇▇.▇▇▇ in Hong Kong and China.
2) Provide LZ $5,000 US per month starting November 1, 1999 to operate the
office
3) Provide LZ with funds to acquire content that has been pre-approved by
Showstar executive
4) Pay to LZ a reimbursement of expenses pre-approved by Showstar executive and
upon receipt of an expense report with required supporting documentation.
JOINT VENTURE
The Joint Venture structure and organization is to be negotiated before the end
of this contract.
▇▇▇ ▇▇▇▇▇ COMPENSATION
In recognition of ▇▇▇ ▇▇▇▇▇'▇ contribution and based on performance during the
life of this contract, ShowStar ▇▇▇▇▇▇.▇▇▇, Inc. will grant him an option to
purchase 100,000 shares of Showstar common stock for $.50 per share on the
anniversary of signing this contract.
TERM
The term of this agreement shall be one year beginning November 1,
1999.
CANCELLATION OF CONTRACT
Either party can cancel the contract with 60 days notice in writing. LZ will be
compensated as above unless the contract is cancelled due to non-performance.
All amounts referred to in this contract are in US Dollars unless otherwise
specified.
The above named parties hereby consent to the terms and conditions of this
contract.
Dated this 27th day of October 1999 in the City of Richmond, B.C., Canada
For Showstar ▇▇▇▇▇▇.▇▇▇, Inc. Witness
/s/ /s/
SIGNATURE
▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇
Print Name
For ▇▇▇ ▇▇▇▇▇ Witness
/s/ /s/
SIGNATURE
LI ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇
Print Name
