0001065949-00-000067 Sample Contracts

Xin Hai Technology Development Ltd. Suite 210, Building B NO. 11, Wu Gen Lin Road, West District, City of Beijing, Peoples' Republic of China April 13, 2000
Xin Net Corp • May 5th, 2000 • Communications services, nec

We acknowledge that under Article 5 of the Cooperative Joint Venture Contract dated as of August 25, 1997 between our two companies (the "JV Contract"), that Infornet shall be responsible for making all the required capital contribution and external financing for the joint venture company as contemplated in Article 3 of the JV Contract.

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