Date this 1st day of June 1998
MOMENTUM ASSOCIATES LIMITED
and
XXXXX XXXXXX XXXXX
******************************************
AGREEMENT
******************************************
Xxxxxxx & Xxxxx
16th Floor On Hing Building
Xx. 0 Xx Xxxx Xxxxxxx
Xxxxxxx
Xxxx Xxxx
Tel. No.: 0000 0000
AN AGREEMENT made the 1st day of June One Thousand Nine Hundred
Ninety-Eight
BETWEEN
MOMENTUM ASSOCIATES LIMITED whose registered address is situate at 17th Floor,
Xx.00-00 Xxxxxxxx Xxxx, Xxxxxxx, Xxxx Xxxx (hereinafter called "MAL") of the one
part and
XXXXX XXXXXX XXXXX of Flat 6C, Block 00, Xxxxxx Xxxxxxx, Xxxxxxx Xxxx, Xxxxxxx,
Xxxx Xxxx (hereinafter called "PGD") of the other part.
WHEREBY IT IS AGREED as follows:-
1) MAL engages PGD to provide administrative, promotional and technical
support services to enable MAL to carry on business as a facilitator to
internet marketing and publishing companies as effectively as possible on
the following terms and conditions.
2) PGD agrees:
(a) To assist in the Internet publishing and marketing of products which
include Swiftrade, M Finance, PINmail, MediaHits, Search Dragon and
others to be added from time to time;
(b) To provide professional, administrative and technical assistance
required in relation to the holding of internet assets, to assist in
the acquiring of equipment and machinery including computers and the
training of personnel in relation thereto;
(c) To undertake any other action necessary, and which PGD can reasonably
provide, to enable MII to continue in operation with adequate
administrative and technical support.
3) XXX agrees to pay PGD a housing allowance of HK$15,000 per month for the
period from 1st June 1998 up to 31st May 1999, subject to review from time
to time.
4) The terms of this Agreement shall commence on 1st June 1998 up to 31st May
1999 and shall be renewed automatically unless either party shall have
given at least one month's notice in writing to terminate this Agreement.
IN WITNESS whereof the parties have hereunto set their hands the day and year
first above written.
SIGNED by Xxxxxxx Xxxxxxx )
)
Xxxxx for and on behalf of )
Momentum Associates Limited in )
the presence of: Xxxxxx Xxx )
SIGNED by Xxxxx Xxxxxx )
)
Xxxxx in the presence of Xxxxxx Xxx )
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