Common use of Liability for Breach of Contract Clause in Contracts

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdue, Party B shall pay party A a penalty of RMB 5% of the total overdue amount.

Liability for Breach of Contract. 10.1 Both parties shall abide by 15.1 In the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date event of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination late delivery of the contract. If the contract is terminated in advance Premises due to Party B’s breach of contract or other reasonsA, Party A shall install pay to Party B The cost liquidated damages at the rate of repair RMB [1413.04] per day of the daily rental amount payable by Party B for each day from the day following the last date of delivery as stipulated in the Agreement to the day of the actual delivery and decoration shall not be compensated. 10.4 During extend the term of the lease term, if either party breaches of the contract and causes losses to premises in accordance with the other party or is investigated by a third party or subject to administrative punishment, period of the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 delayed delivery. If Party B fails to cancel pay the business place of the leased property with the commercial registration authority rent and security deposit in full and on time as agreed herein For each day overdueagreed, Party B shall pay party to Party A liquidated damages for late payment of rent and security deposit at the rate of one-thousandth of the unpaid amount payable for each day of delay. 15.2 If Party A terminates the Agreement in accordance with the provisions of Article 14.2.2 of this Agreement, Party A shall not compensate Party B for the various investments made in the renovation and removal, and Party B shall compensate Party A for the losses incurred thereby and pay Party A a penalty equivalent to three months’ rent for the premises under this Agreement. 15.3 In the event of RMB 5% early termination of the lease or non-renewal of the lease upon its expiration, Party B shall be deemed to have illegally occupied the leased premises if it fails to return the leased premises to Party A. In addition to confiscating the security deposit under this contract, Party A shall, from the date of occupation, charge Party B three times the daily rent for the leased premises for each day of delay, amounting to RMB [4239.12], as liquidated damages, and reserves the right to pursue Party B for breach of Agreement. 15.4 If Party B terminates the lease before the end of the lease term and Party A agrees to the termination, it will be treated as a breach of Agreement, and Party B’s security deposit will be forfeited as liquidated damages and will not be returned by Party A. 15.5 Party B is required to pay the utility bills on time and should transfer the money within fifteen days of the reminder letter, late payment will be charged according to the total overdue amountamount of unpaid bills of two thousandths of the daily late fee, more than thirty days without transferring the money, Party A will have the right to take measures to stop the water and electricity until Party B will be the utility bills, late payment, Party A will resume the use of water and electricity.

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract during the lease term, and either 1. Any-party that violates this Contract contract and causes any loss to the other party For losses, they shall be liable for compensationcompensation according to law. 10.2 during 2. If Party B has the lease termcircumstances stipulated in Article 14 hereof, party b overdue pay this contract Party A shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from unilaterally terminate the date of overdue Contract Party A has the right to daily standard deduct Party B’s performance bond. If the deposit is insufficient to party a Pay the liquidated damages for overdue payment. 10.3 If compensate Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides)A’s losses, Party A has the right to confiscate the performance bond and require ask Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contractdifference. If the contract is terminated in advance due Party B refuses to Party B’s breach of contract or other reasonsmake up, Party A shall install have the right to seal up the facilities and facilities in the leased premises The items and reserve the right to recover reasonable compensation and legal liability from Party B, and the above items shall be paid by Party B. The sealing shall be terminated after the corresponding payment. If Party B The cost still fails to pay the corresponding amount within one month from the date of repair sealing, Party A Party B shall have the right to dispose of the sealed articles without any responsibility, and decoration the disposal expenses shall not be compensatedborne by Party B. 3. Party A shall compensate for any personal and property losses caused to Party B caused by Party A’s failure to perform the maintenance obligations as agreed Compensation liability. 10.4 4. During the lease term, if either party breaches terminates the lease contract and causes losses to in advance, it shall speak up in writing three months in advance. With the written consent of the other party or (if a written reply is investigated by a third not given within 15 days upon receipt of the notice, it shall be deemed to agree). To terminate the contract, but to pay the other party or subject liquidated damages equivalent to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowancesix months’ rent. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdue, 5. Party B shall be liable for breach of contract if it fails to pay party the rent and any other expenses payable. Party A shall have the right to charge Party B a daily penalty of RMB 5% of the total overdue payment amount. If the overdue payment exceeds seven days, Party A shall have the right to unilaterally terminate this Contract. 6. If this Contract is terminated or terminated in advance due to Party B, the performance bond paid by Party B shall not be granted return. 7. Due to Party a cause this contract is terminated or terminated, double return Party B pay the performance deposit, (deduct Party B shall bear the rent and related expenses) and compensate Party B decoration loss (the amount of the appraisal institutions and deduct Party B has used the corresponding years of depreciation), and compensate for Party B relocation fee and other losses. 8. The losses mentioned in this Contract shall include but are not limited to direct losses, indirect losses, litigation costs, attorney’s fees, evidence collection expenses and all expenses for the realization of relevant rights or interests.

Liability for Breach of Contract. 10.1 Both parties If Party A fails to deliver the premises to Party B on time due to its own reasons, it shall abide by take the contract during initiative to extend the lease term, term and either party violates this Contract to the other party For losses, they shall be liable rent-free decoration period for compensation.Party B. 10.2 during If Party B fails to pay the rent and other fees on time, Party A shall have the right to charge Party A liquidated damages equal to 5‰ of the outstanding amount for each day from the date on which Party B delays in paying the rent. If the time delay exceeds 10 days, Party A shall have the right to confiscate the lease termdeposit and management fee deposit and take corresponding measures against Party B such as water cut off, party b overdue pay this contract power cut off and door sealing. All losses shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment.Party B. 10.3 If Party B breaches rescinds this contract, the contract is terminated Contract in advance (except in Article 12.2 Besides)after signing this Contract, Party A has shall have the right to confiscate the performance bond Party B's deposit and require security deposit, and Party B to shall pay all relevant expenses and compensate Party A for other economic losses. 10.4 If Party A terminates this Contract in advance without reason, Party A shall, on the premise that Party B has settled all the expenses incurred during the use of the property, settle the rent paid by Party B on a daily basis, return the remaining rent, lease deposit and management fee deposit already paid by Party B, and compensate Party B for the liquidated damages equivalent to the lease deposit. Such liquidated damages shall be deemed as Party A's compensation for the previous month’s rent upon the early termination all losses incurred by Party B for breach of the contract. lease contract (including decoration loss, relocation loss, operation loss, etc.), and Party B shall not hold Party A liable for any liability. 10.5 If Party B renovates or modifies the contract is terminated in advance due to property structure without Party B’s breach of contract or other reasonsA's written consent, Party A shall install have the right to confiscate Party B The cost of repair and decoration shall not be compensated. 10.4 During the B's lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 deposit. If Party B fails to cancel restore the business place of property to its original state automatically or rectify the situation within the time limit set by Party A, Party A shall have the right to take measures such as water supply suspension or power outage against Party B and ask Party B to make double compensation for other related losses caused by Party B. 10.6 In case the Contract is terminated or rescinded in advance, if Party B fails to clear out the leased property with premises and return the commercial registration authority as agreed herein For each day overdueleased premises before the time limit stipulated in the contract or set by Party A, Party B shall pay party Party A a penalty double the rental fee for overdue space use. Party A shall have the right to take corresponding measures against Party B such as water cut off, power cut off and door sealing during this period. 10.7 Party B shall bear the expenses paid by Party A for disposing of RMB 5% of the total overdue amountParty B's abandoned property.

Liability for Breach of Contract. 10.1 Both parties （1 If Party C fails to pay the rent of the subject matter and the floating income in full within the time limit specified in the contract, except paying the payable fees, Party C shall abide by pay Party A liquidated damages at the rate of 0.05% of the payable fees every day since the expiration date. （2 If Party A fails to deliver the subject matter to Party C for use within the agreed time limit, in addition to returning the overpaid rent, Party A shall pay Party C liquidated damages at the rate of 0.05% of the rent paid every day from the agreed date. （3 Before the expiration of the contract or the next day after the termination of the contract, Party C shall vacate and return the subject matter of the lease. If Party C fails to vacate and return the subject matter within the time limit, Party C shall pay Party A and Party B double the rent during the lease termoccupation period according to the rental price of the year in which it should vacate (i.e. the rent of the overdue vacating period = the daily rent of the year in which it should vacate * 2 * the days of delayed vacating). Party C shall be deemed to have given up the goods it has not cleared within the time limit Party A and Party B have the right to dispose of the above-mentioned articles from the date of termination of the contract without any responsibility, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during expenses incurred in disposing of the lease term, party b overdue pay this contract above-mentioned articles shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 Party C. （4） If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches C violates the contract and causes economic losses to Party A, Party B or the other party third party, or is investigated by a infringes the legitimate rights and interests of the third party, Party C shall not only be responsible for compensating Party A, Party B or the third party or subject for the economic losses caused thereby, but also bear the corresponding legal liabilities, and shall pay liquidated damages to administrative punishmentParty A and Party B according to 10% of the annual fixed rent of the yacht marina in the first year. （5） If Party C proposes to terminate the contract due to its own reasons within the term of the contract, with the breaching party shallconsent of Party A, in addition to settling the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid rent according to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdueactual lease term, Party B C shall also pay party Party A a penalty liquidated damages at the rate of RMB 510% of the total overdue amountannual fixed rent of the yacht marina in the first year.

Liability for Breach of Contract. 10.1 Both parties shall abide by (1) If Party A breaches the contract during and causes the lease termcontract to be unable to be fulfilled, Party A shall return the deposit to Party B twice the amount. If Party B breaches the contract and either party violates this Contract causes the contract to be unable to be fulfilled, the deposit paid shall not be refunded. Party who causes losses to the other party For losses, they due to breach of contract shall be liable also bear the liability for compensation. 10.2 during (2) Party A shall deliver the lease termforest land to Party B on time according to the contract. If Party A is overdue for one day, party b Party A shall pay a late fee of 0.05‰ of the payable transfer price to Party B. If Party A is overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease processfor 90 days, such as the rectification completed, party a has, Party B has the right to terminate this contract in advancethe contract, and have Party A shall bear the liability for breach of contract. (3) If the procedures for the transferred forest land by Party A are illegal, or there is a dispute over the ownership of the forest land and trees, which causes the entire or part of the contract to be unable to be fulfilled, Party A shall bear the liability for breach of contract. If Party A violates the contract and interferes with or destroys the normal production and operation activities of Party B, Party B has the right to require party b from unilaterally terminate the date contract, and Party A shall bear the liability for breach of overdue to daily standard to party a Pay the liquidated damages for overdue paymentcontract. 10.3 (4) Party B shall pay the full transfer price of the forest land and trees to Party A on time according to the contract. If Party B breaches is overdue for one day, Party B shall pay a late fee of 0.05‰ of the payable transfer price for this contract, the contract period (year) to Party A. If Party B is terminated in advance (except in Article 12.2 Besides)overdue for 90 days, Party A has the right to confiscate unilaterally terminate the performance bond contract, and require Party B to pay shall bear the liquidated damages liability for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensatedcontract. 10.4 During (5) After the lease termagreed period for forestation and afforestation by ▇▇▇▇▇ passes, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel fulfill the business place agreement, Party A has the right to reclaim the forest land that has not been afforested without any compensation. (6) If Party B causes permanent damage to the transferred forest land, or changes the use of the leased property with forest land without permission, or causes serious damage to forest resources, which is confirmed by the commercial registration authority as agreed herein For each day overdueforestry administrative department at or above the county level, Party A has the right to demand Party B to compensate for breach of contract and unilaterally terminate the contract, and reclaim the right to operate and use the forest land. The deposit collected shall pay party A a penalty of RMB 5% of the total overdue amountnot be refunded.

Liability for Breach of Contract. 10.1 Both parties 1. If products delivered by Party A don’t conform to Contract requirements in respect of model, specifications and technical parameters, Party B shall abide contact Party A on a product-by-product basis. Party A shall confirm the nonconforming part and come up with a solution within **** working days. Exchange is available for products confirmed by Party A to be defective upon pick up of the contract during next shipment by Party B. If return of products is confirmed by Party A and Party B in writing, Party A shall refund the lease term, and payment for the returned products to Party B immediately. 2. Should either party violates this Contract fails to make delivery or payments on time, the breaching party shall pay a penalty to the other non-breaching party For losses, they of **** per day of the value of the delayed products or the amount of the overdue payments. 3. Each Party shall be liable for compensationits own breach of Contract and shall compensate the non-breaching party for its economic loss resulting from the breach. The amount of compensation shall be equal to the amount of losses resulting from the breach, which will include any benefits that could be obtained if the Contract is fully performed, but not to exceed the losses that are foreseeable to the breaching party in signing the Contract. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 4. If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay terminate the liquidated damages for the previous month’s rent Contract upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasonsconsensus through negotiation, Party A shall install refund to Party B The cost the unused balance of repair and decoration the Prepayment (free of interest) within **** working days. If ▇▇▇▇▇ A fails to refund the amount on time, Party A shall not pay **** per day of the amount to be compensatedrefunded to Party B as a penalty. 10.4 During the lease term, if either party 5. If any breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdueoccur, Party B shall pay party Party A a penalty of RMB 5% according to the following terms: If Party B breaches or unilaterally repudiates the Contract, Party A may refuse to refund the Prepayment made by Party B. Party B shall compensate Party A for all economic losses resulting from Party B’s non-performance. **** Confidential material omitted and filed separately with the Commission. 6. If any breaches by Party A occur, Party A shall pay Party B a penalty according to the following terms: If Party A breaches the Contract or fail to tender products as required by the Contract, Party A shall refund **** of the total overdue amountunused balance of the Prepayment (free of interest) in its account to Party B within fifteen (15) working days. If Party A fails to refund the amount on time, Party A is liable to Party B for a penalty of **** per day of the amount to be refunded.

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract during the lease term, and If either party violates this Contract agreement or makes it impossible to continue to perform this agreement , the other breaching party For shall compensate the observant party for all actual losses, they including but not limited to litigation fees, attorney fees, preservation fees, preservation insurance fees, appraisal fees, and evaluation fees. , announcement fee, etc. 10.2 If during the performance of this contract, due to changes in laws, regulations and policies, the relevant licenses and qualifications cannot be handled, Party A and Party B shall first negotiate and adopt other methods to complete the acquisition of power station assets on the basis of this contract. And sign a supplementary agreement; if it cannot be resolved by other means, the contract will be terminated, and both parties will not be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date breach of overdue to daily standard to party a Pay the liquidated damages for overdue paymentcontract. 10.3 If Party B breaches violates 2.3 of Article 2 Cooperation Contents of this Agreement , it shall compensate Party A for its economic losses, including but not limited to investment, available benefits, litigation fees, attorney fees, etc. 10.4 If Party A fails to pay within the time agreed in the contract, it shall pay 1 ‰ of the total overdue payment amount to Party B as a penalty every day; if Party A overdue payment exceeds 30 days, Party B shall have the right to terminate the contract is terminated and request Party A Compensation for corresponding losses. 10.5 If Party B fails to pay within the time agreed in advance (except in Article 12.2 Besides)the contract, it shall pay 1 ‰ of the total overdue payment amount to Party B as a penalty every day; if Party A overdue payment for more than 30 days, Party A has the right to confiscate terminate the performance bond contract and request Party B Compensation for corresponding losses. 10.6 Party A determines the repurchase and replacement of the power station according to the actual situation, and Party B shall not refuse or delay for any reason. If Party B refuses or delays, Party A has the right to unilaterally terminate the contract and requires Party B to compensate Party A for the breach of contract of 1 million yuan per station every year . The compensation period is 8 years. 10.7 If Party B fails to invest in the construction of the first batch of replacement power stations in accordance with the construction plan , Party B shall pay Party A 10,000 yuan for each day overdue . If overdue exceeds 30 days , Party A has the right to unilaterally terminate the contract and require Party B to pay bear the liquidated damages corresponding liability for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdue, Party B shall pay party A a penalty of RMB 5% of the total overdue amount.

Liability for Breach of Contract. 10.1 Both parties 7.1 Each of Party A and Party B shall abide by the contract during the lease term, and either party violates perform this Contract to in good faith. Either Party who breaches this Contract shall pay damages if the other party For has sustained direct or indirect losses, they shall be liable for compensation. 10.2 during 7.2 If Party B fails to pay the lease termrent or other fees timely according to this Contract, party b overdue for the delay in payment, Party B shall pay this contract Party A the surcharge at the rate of one percent (1%) of the day rent for each day. If the delay is beyond seven (7) days, Party A shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, have the right to terminate this contract in advance, the Contract and take back the Premises. Party A shall have the right to require party b from take off the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If deposit, and Party B breaches this contract, the contract is terminated in advance shall pay two (except in Article 12.2 Besides), 2) months’ rent as penalty to Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. A. If the contract penalty is terminated in advance due insufficient to Party B’s breach of contract or other reasonsrepay the loss, Party A shall install Party B The cost of repair and decoration shall not be compensatedhave the right to demand indemnification. 10.4 7.3 During the lease term, if either party breaches Party B dissolves the contract Contract with Party A’s consent, Party A shall keep the deposit and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party rent for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place remaining term of the leased property with the commercial registration authority as agreed herein For each day overduelease from Party B, meanwhile, Party B shall pay party two (2) months’ rent as penalty to Party A. 7.4 If Party B makes fitment, decoration or purchases new goods for the Premises without Party A’s authorization, Party A shall have the right to require Party B to restore to the original status within a definite time or make compensation. If Party B occupies the shared area other than the Premises, Party B shall pay twice the rent according to the occupied area and time as penalty to Party A. 7.5 During the lease term, in the event of RMB any damage to the Premises and affiliated facilities due to Party B’s improper use, Party B shall be responsible for the repair and assume all the maintenance fee or compensation. Or in the event of any accident occurred due to Party B’s improper use, Party B shall solve the dispute by itself and assume the liability to compensate such damage. 7.6 Once the Contract is terminated, if Party B does not settle up all the related fees during the lease term, Party A shall have the right to deduct the fees from the deposit. If the deposit is insufficient for the deduction, Party B shall assume the settlement. 7.7 If Party A fails to deliver the Premises and its affiliated facilities timely, it shall pay the penalty at the rate of five percent (5% %) of the total overdue amountmonthly rent for each day to Party B. If the delay is beyond five (5) days, Party B shall have the right to terminate the Contract through a written notice to Party A. Party A shall return the deposit and rent payable in advance plus the bank interest, as well as two (2) months’ rent as compensation to Party B. 7.8 During the lease term, if Party A arbitrarily dissolves the Contract in the case not mentioned in the Contract and withdraws the Premises ahead of schedule, Party A shall return the deposit and the rent for the remaining term of lease to Party B, and Party A shall pay twice the rent for the remaining lease term as penalty, if the penalty is insufficient to deduct Party B’s loss, Party A shall be responsible for the compensation.

Liability for Breach of Contract. 10.1 Both parties shall abide by (1) If Party A breaches the contract during and causes the lease termcontract to be unable to be fulfilled, Party A shall return the deposit to Party B twice the amount. If Party B breaches the contract and either party violates this Contract causes the contract to be unable to be fulfilled, the deposit paid shall not be refunded. Party who causes losses to the other party For losses, they due to breach of contract shall be liable also bear the liability for compensation. 10.2 during (2) Party A shall deliver the lease termforest land to Party B on time according to the contract. If Party A is overdue for one day, party b Party A shall pay a late fee of 0.05% of the payable transfer price to Party B. If Party A is overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease processfor 90 days, such as the rectification completed, party a has, Party B has the right to terminate this contract in advancethe contract, and have Party A shall bear the liability for breach of contract. (3) If the procedures for the transferred forest land by Party A are illegal, or there is a dispute over the ownership of the forest land and trees, which causes the entire or part of the contract to be unable to be fulfilled, Party A shall bear the liability for breach of contract. If Party A violates the contract and interferes with or destroys the normal production and operation activities of Party B, Party B has the right to require party b from unilaterally terminate the date contract, and Party A shall bear the liability for breach of overdue to daily standard to party a Pay the liquidated damages for overdue paymentcontract. 10.3 (4) Party B shall pay the full transfer price of the forest land and trees to Party A on time according to the contract. If Party B breaches is overdue for one day, Party B shall pay a late fee of 0.05% of the payable transfer price for this contract, the contract period (year) to Party A. If Party B is terminated in advance (except in Article 12.2 Besides)overdue for 90 days, Party A has the right to confiscate unilaterally terminate the performance bond contract, and require Party B to pay shall bear the liquidated damages liability for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensatedcontract. 10.4 During (5) After the lease termagreed period for forestation and afforestation by ▇▇▇▇▇ passes, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel fulfill the business place agreement, Party A has the right to reclaim the forest land that has not been afforested without any compensation. (6) If Party B causes permanent damage to the transferred forest land, or changes the use of the leased property with forest land without permission, or causes serious damage to forest resources, which is confirmed by the commercial registration authority as agreed herein For each day overdueforestry administrative department at or above the county level, Party A has the right to demand Party B to compensate for breach of contract and unilaterally terminate the contract, and reclaim the right to operate and use the forest land. The deposit collected shall pay party A a penalty of RMB 5% of the total overdue amountnot be refunded.

Liability for Breach of Contract. 10.1 Both parties 6.1 If either party fails to perform the obligations of the Agreement and the series of contracts or if the performance of the obligations of the Agreement and the series of contracts does not conform to the provisions of the Agreement and the series of contracts, it shall abide by be regarded as a breach of contract. The non-breaching party may send a written notice to the contract during breaching party to require the lease termlatter to perform its obligations under the Agreement and the series of contracts, and either the breaching party violates this Contract to shall take remedial measures within ten business days from the other party For losses, they shall be liable for compensation. 10.2 date on which notice is sent. If no measures are taken during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a hasperiod, the right to terminate this contract in advance, and non-breaching party shall have the right to require the breaching party b from to continue to perform its obligations under the Agreement and the series of contracts or to terminate the Agreement and the series of contracts. Regardless of which method the non-breaching party takes, it may demand the breaching party to indemnify it for the losses it suffers thereby. 6.2 If either Party A or Party B causes the other party to be prosecuted by a third party, the breaching party shall compensate for the losses caused to the non-breaching party as a result. 6.3 If the progress of Party B’s services is delayed due to reasons attributable to Party A, Party B shall not be liable for any breach of contract caused by the delay in progress. 6.4 Except for force majeure, if Party B cannot complete the services or deliver the Work Products and pass the acceptance according to the agreed time due to reasons not attributable to Party A, Party B shall pay Party A late liquidated damages for each date of overdue to daily standard to party a Pay delay at the rate of 5‰ of the total amount of the service item or the corresponding order (whichever is higher). If the liquidated damages for overdue payment. 10.3 If are not sufficient to cover Party A’s loss, Party B breaches this contractshall continue to bear the liability for the excess liquidated damages and compensation. The payment of liquidated damages and compensation shall not relieve Party B of its responsibility and obligation to perform the Agreement and the series of contracts, and Party A shall have the contract is terminated right to complete the services agreed upon in advance the Agreement and the series of contracts by itself or entrust a third party, and all costs arising therefrom shall be borne by Party B. 6.5 If an element of the Work Products delivered by Party B (except in Article 12.2 Besidesincluding but not limited to ideas, planning texts, text contents, art images, etc.) constitutes an infringement of the intellectual property rights and other legitimate rights and interests of third parties or violate the laws and regulations, Party B shall bear all costs paid by Party A for such infringement (including but not limited to compensation costs, litigation costs, attorney fees, notary fees, appraisal fees, etc.). Regardless of whether Party A has confirmed acceptance of the Work Products delivered by Party B at that time, Party A has shall have the right to confiscate terminate the performance bond Agreement and the corresponding series of contracts and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, refund all payments made by Party A shall install Party B The cost in respect of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overduesuch order. Meanwhile, Party B shall pay party Party A a penalty of RMB 550% of the total overdue amountproduction cost of all orders within 12 months prior to the date of the infringement under the Agreement as liquidated damages. 6.6 If Party B breaches the confidentiality obligations in the Agreement and the series of contracts, Party B shall bear all costs (including but not limited to compensation costs, litigation costs, attorney’s fees, notary fees, appraisal fees, etc.) paid by Party A as a result of such infringement. Regardless of whether Party A has confirmed acceptance of the Work Products delivered by Party B at that time, Party A shall have the right to terminate the Agreement and the corresponding series of contracts and require Party B to refund all payments made by Party A in respect of such order, and Party B shall pay Party A 100% of the total production cost of all orders within 12 months prior to the date of the infringement under the Agreement as liquidated damages. 6.7 If Party B breaches clause 2.4(13) of the Agreement, regardless of whether Party A has confirmed acceptance of the Work Products delivered by Party B, Party A shall have the right to terminate the Agreement and the corresponding series of contracts and require Party B to refund all payments made by Party A in respect of such order, and Party B shall pay Party A 100% of the total production costs of all orders within the 12 months prior to the date of the infringement under the Agreement as liquidated damages.

Liability for Breach of Contract. 10.1 Both parties shall abide by 15.1 In the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date event of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination late delivery of the contract. If the contract is terminated in advance Premises due to Party B’s breach of contract or other reasonsA, Party A shall install pay to Party B The cost liquidated damages at the rate of repair RMB [3242.71] per day of the daily rental amount payable by Party B for each day from the day following the last date of delivery as stipulated in the Agreement to the day of the actual delivery and decoration shall not be compensated. 10.4 During extend the term of the lease term, if either party breaches of the contract and causes losses to premises in accordance with the other party or is investigated by a third party or subject to administrative punishment, period of the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 delayed delivery. If Party B fails to cancel pay the business place of the leased property with the commercial registration authority rent and security deposit in full and on time as agreed herein For each day overdueagreed, Party B shall pay party to Party A liquidated damages for late payment of rent and security deposit at the rate of one-thousandth of the unpaid amount payable for each day of delay. 15.2 If Party A terminates the Agreement in accordance with the provisions of Article 14.2.2 of this Agreement, Party A shall not compensate Party B for the various investments made in the renovation and removal, and Party B shall compensate Party A for the losses incurred thereby and pay Party A a penalty equivalent to three months’ rent for the premises under this Agreement. 15.3 In the event of RMB 5% early termination of the lease or non-renewal of the lease upon its expiration, Party B shall be deemed to have illegally occupied the leased premises if it fails to return the leased premises to Party A. In addition to confiscating the security deposit under this contract, Party A shall, from the date of occupation, charge Party B three times the daily rent for the leased premises for each day of delay, amounting to RMB [9728.13], as liquidated damages, and reserves the right to pursue Party B for breach of Agreement. 15.4 If Party B terminates the lease before the end of the lease term and Party A agrees to the termination, it will be treated as a breach of Agreement, and Party B’s security deposit will be forfeited as liquidated damages and will not be returned by Party A. 15.5 Party B is required to pay the utility bills on time and should transfer the money within fifteen days of the reminder letter, late payment will be charged according to the total overdue amountamount of unpaid bills of two thousandths of the daily late fee, more than thirty days without transferring the money, Party A will have the right to take measures to stop the water and electricity until Party B will be the utility bills, late payment, Party A will resume the use of water and electricity.

Liability for Breach of Contract. 10.1 Both parties shall abide by 1. If Party A terminates the contract during because it cannot provide the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred house agreed in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, Party A shall pay Party B a liquidated damages of 10% of the total rent of this contract. In addition to paying liquidated damages as agreed, Party A shall also compensate for losses beyond the liquidated damages. 2. When Party A invalidates this contract is terminated in advance (except in Article 12.2 Besides)due to defective housing ownership or illegal rental of housing, Party A shall compensate Party B for losses. 3. During the lease period, Party B has one of the following acts, Party A has the right to confiscate terminate the performance bond contract and require reclaim the house, and Party B to shall pay the Party A a liquidated damages for according to 10% of the previous month’s total rent upon the early termination of the contract. If the liquidated damages paid are insufficient to compensate for Party A’s losses, Party B shall also be responsible for compensation until all losses are compensated. Subleasing or subleasing the house to others without the written consent of Party A; Demolition, alteration of the structure of the house or damage to the house without the written consent of Party A: Change the lease purpose provided for in this contract or use the house for illegal activities. 4. During the lease period, if Party B is terminated late in advance due to paying the expenses agreed in this contract that Should be borne by Party B’s breach of contract or other reasons, Party A shall install Party B The cost pay a late fee of repair and decoration shall not be compensated10% of the total amount of the above expenses for each overdue day. 10.4 5. During the lease termperiod, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel rents itself without the business place consent of the leased property with the commercial registration authority as agreed herein For each day overdueParty A, Party B shall pay party a liquidated damages to Party A a penalty according to the amount of RMB 510% of the total rent of this contract, and if the liquidated damages paid are insufficient to make up for Party A’s losses, Party B shall also bear the liability for compensation. 6. If Party B pays the rent late, for each overdue amountday, Party B shall pay a late fee of three times the daily rent. 7. At the expiration of the lease period, Party B shall return the house as scheduled. If Party B is late in returning, Party A shall pay a late fee of three times the original rent to Party A for each overdue day, and Party B shall also bear the loss caused to Party A due to the overdue return

Liability for Breach of Contract. 10.1 1) Both parties clearly agree that any of the following circumstances shall abide by be deemed as overdue payment. For each day overdue, the contract during default party shall pay the overdue fine at 0.4‰ of the amount paid overdue: (a) Party B fails to pay or fully pay the leased housing rent on the last day of the payment term stipulated in the lease term, contract; (b) Either party makes overdue payment of the liquidated damages and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during 2) In case of violation of paragraph 1) (d) in Article 12, Party A shall pay the lease term, party b overdue pay this contract shall be borne liquidated damages at the construction deposit paid by party b rent Party B to Party A and the related expenses incurred in the lease process, such as the rectification completed, party a has, Party B has the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue paymentContract. 10.3 3) If Party B breaches this contract, the contract is terminated in advance A violates paragraphs (except a) and (b) in Article 12.2 Besides)13, Party A has the right to confiscate the performance bond and B may require Party B A to pay the liquidated damages at the rent deposit paid by Party B to Party A; or Party A shall correct the nonperformance within the time limit required by Party B. 4) If Party A fails to deliver the housing to Party B within the agreed delivery date for Party A’s reasons, Party B agrees to give a grace period of 15 days (hereinafter referred to as the previous month’s rent “delivery grace period”) from the agreed delivery date.” The formal lease term and the decoration preparation period of Party B will be postponed accordingly. In case of still failure to deliver the housing to Party B upon the early termination expiry of the contract. If the contract is terminated in advance due to delivery grace period for Party BA’s breach of contract or other reasons, Party A shall install agrees to pay RMB[REDACTED]19 to Party B The cost for each day overdue (from the next day after expiry of repair the delivery grace period) as the liquidated damages for delay in delivery of housing till actual delivery date of the housing; meanwhile, the formal lease term and the decoration shall not preparation period of Party B will be compensatedpostponed accordingly, unless otherwise stipulated in paragraph 5) in Article 1 of the supplementary agreement. 10.4 During 5) If the lease Contract cannot continue to be performed for the Party A’s reasons with the contract term, if either party breaches Party A shall assist Party B to find an appropriate third place until Party B reaches a agreement with the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, on the breaching party shall, in addition to the compensation under this clause, third place lease and shall compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdue, Party B shall pay party A a penalty of RMB 5% of the total overdue amountfor all losses.

Liability for Breach of Contract. 10.1 Both parties (A) Where Party B terminates the Contract with Party A for any reason as stipulated in Paragraph (A) of Article 7 herein, on the premises that Party B has paid off all the costs and expenses incurred due to the use of the underlying house, the rents and service charges payable by Party B shall abide by be settled according to the contract during actual days of usage; Party A shall refund to Party B the lease termrent, service charge and guarantee deposit which have been paid but not applied, and either party violates this Contract shall pay Party B the penalty in the amount equal to double sum of the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b monthly rent and the related monthly service charge for the underlying house under the Contract. (B) Where Party B fails to make the full payment of the rent, service charge, and other expenses incurred payable by Party B on schedule as stipulated in the lease processContract, such as Party B shall pay Party A the rectification completedpenalty for the overdue payment in the amount equal to 1% of the due and unpaid sum for every overdue day. Where Party A terminates the Contract according to Item (2) of Paragraph (B) of Article 7 herein, party a has, Party B shall still pay Party A the right penalty for overdue payment in the amount equal to terminate this contract in advance, 1% of the due and have unpaid sum according to the right to require party b from the date days of overdue payment prior to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If Contract. (C) Where Party A terminates the contract is terminated Contract with Party B for any reason as stipulated in advance Paragraph (B) of Article 7 herein, on the premises that Party B has paid off all the costs and expenses incurred due to the use of the underlying house, the rents and service charges payable by Party B shall be settled according to the actual days of usage, and Party B shall pay Party A the penalty in the amount equal to double sum of the monthly rent and the monthly service charge for the underlying house under the Contract, which may be deducted directly from the rent, service charge and guarantee deposit which have been paid by Party B but not applied; any residual balance after such deduction shall be refunded by Party A to Party B’s breach , and the deficiency amount shall be made up by Party B. (D) Where Party B fails to migrate the industrial & commercial and taxation registration address out of contract the underlying house or other reasonsderegister such address within thirty (30) days upon the termination of the Contract or the early rescission of the Contract, Party B shall pay Party A shall install the compensation for loss of rent and service charge in the amount equal to 100% of the sum of the monthly rent and the monthly service charge for the underlying house under the Contract. Where Party B The cost fails to migrate the industrial & commercial and taxation registration address out of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches underlying house or deregister such address within thirty (30) days upon the contract and causes losses to termination of the other party Contract or is investigated by a third party or subject to administrative punishment, the breaching party shallearly rescission of the Contract, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place payment of the leased property with the commercial registration authority as agreed herein For each day overdueaforesaid compensation, Party B shall also pay party Party A a the penalty of RMB 5in the amount equal to 200% of the total overdue amount.sum of the monthly rent and the monthly service charge for the underlying house under the Contract for every day delayed since the 31st day. The aforesaid compensation and penalty may be deducted by Party A directly from the rent, service charge and guarantee deposit which have been paid by Party B but not applied; any residual balance after such deduction shall be refunded by Party A to Party B, and the deficiency amount shall be made up by Party B.

Liability for Breach of Contract. 10.1 Both 1. After this Contract is signed, both parties shall abide by fulfill the contract during Contract in good faith. If either party suffers from losses due to default of the lease termother party, the breaching party shall assume the liability for breach of contract. 2. Should Party B fail to deliver the assets on schedule after receipt of the transfer price of CNY ______ (0,000) from Party A, Party B shall pay Party A the penalty at _____ of the value of the delayed assets every day, and either party violates this Contract Party A shall have the right to request Party B to continue fulfilling the other party For lossesContract. Party B’s failure to deliver the assets within __ day(s) shall constitute Party B’s breach of the Contract, they shall be liable for compensation. 10.2 during the lease termin which case, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, Party A reserves the right to terminate this contract in advancethe Contract, and have Party B shall return the right to require party b from paid price, and shall pay Party A the date penalty at 5% of overdue to daily standard to party a Pay the liquidated damages for overdue paymenttotal transfer price. 10.3 3. If Party B breaches this contract, B’s delivered assets that are subject to customs supervision are given punishment by the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance customs due to Party B’s breach default, Party B shall assume the resulting economic liability. Should Party A be unable to use such assets, Party B shall return corresponding price to Party A based on the invoiced value of contract or other reasonssuch equipment after deduction of depreciation. 4. Should Party A fail to pay the initial transfer price of CNY ___ (0,000) after the Contract becomes effective, Party A shall install pay Party B The cost the penalty at ____ every day. Overdue payment for ___ day(s) shall constitute Party A’s breach of repair contract, in which case, Party B shall have the right to terminate the Contract, and decoration Party A shall not be compensatedpay Party B the penalty at ___ % of the total transfer price. 10.4 During the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 5. Should Party B fails fail to cancel pay the business place of the leased property with the commercial registration authority as agreed herein For each day overduebalance transfer price on schedule, Party B shall pay party Party A a the penalty of RMB 5% at ___ of the total overdue amounttransfer price every day, and Party A shall have the right to exercise the mortgage right according to laws.

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract 12.1 If, during the lease termterm of lease, Party A’s failure to timely perform its obligation to repair and either party violates this Contract maintain the Premise provided for herein results in any damage of the Premise and any losses to the other party For Party B’s property or any injury to Party B’s personnel, Party A shall compensate Party B for its direct losses, they shall be liable for compensation. 10.2 during 12.2 If Party B carries out fitting-out of the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred Premise or add auxiliary facilities in the lease processPremise without Party A’s written consent or beyond the scope and requirements agreed in writing by Party A or Party B privately occupies/uses public area or fire protection passage, such as the rectification completed, party a has, the right to terminate this contract in advance, and Party A shall have the right to require party b from Party B to restore the date of overdue Premise to daily standard to party a Pay the liquidated damages its original condition and compensate Party A for overdue paymentlosses. 10.3 If Party B breaches this contract12.3 If, during the contract is terminated in advance (except in Article 12.2 Besides)term of lease, Party A has terminates this Contract and earlier takes back the right to confiscate the performance bond and require Party B to pay the liquidated damages Premise other than as provided for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasonsherein, Party A shall install pay Party B The cost a sum equal to 0.5 times the rent that should otherwise have been payable for the number of repair and decoration days the Premise is earlier taken back (with a maximum of three months’ rent) as liquidated damages. If the liquidated damages is not adequate to compensate Party B for its losses, Party A shall not be compensatedmake up for the difference. 10.4 During 12.4 If, during the lease termterm of lease, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority earlier terminates this Contract at its own discretion other than as agreed herein For each day overdueprovided for herein, Party B shall pay party Party A a penalty sum equal to 0.5 times the rent that should otherwise have been payable for the number of RMB 5% days this Contract is earlier terminated (with a maximum of three months’ rent) as liquidated damages. If the total overdue amountliquidated damages is not adequate to compensate Party A for its losses, Party B shall make up for the difference. Party A may deduct the same from the deposit. If the deposit is not adequate, Party B shall make up for the difference. In addition, Party B shall pay Party A the rent for the rent-free period from April 16, 2012 to July 15, 2012, i.e., Renminbi Eighty-Seven Thousand Two Hundred and Nine Yuan and Thirty-Six Cents (RMB87,209.36). 12.5 Except for the circumstances described in Articles 12.3 and 12.4 hereof, the breaching Party shall continue to perform this Contract if the non-breaching Party requires so upon the occurrence of any breach, regardless of whether the breaching Party has actually paid liquidated damages, compensations and late fees.

Liability for Breach of Contract. 10.1 Both parties shall abide by 15.1 In the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date event of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination late delivery of the contract. If the contract is terminated in advance Premises due to Party B’s breach of contract or other reasonsA, Party A shall install pay to Party B The cost liquidated damages at the rate of repair RMB [1829.41] per day of the daily rental amount payable by Party B for each day from the day following the last date of delivery as stipulated in the Agreement to the day of the actual delivery and decoration shall not be compensated. 10.4 During extend the term of the lease term, if either party breaches of the contract and causes losses to premises in accordance with the other party or is investigated by a third party or subject to administrative punishment, period of the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 delayed delivery. If Party B fails to cancel pay the business place of the leased property with the commercial registration authority rent and security deposit in full and on time as agreed herein For each day overdueagreed, Party B shall pay party to Party A liquidated damages for late payment of rent and security deposit at the rate of one-thousandth of the unpaid amount payable for each day of delay. 15.2 If Party A terminates the Agreement in accordance with the provisions of Article 14.2.2 of this Agreement, Party A shall not compensate Party B for the various investments made in the renovation and removal, and Party B shall compensate Party A for the losses incurred thereby and pay Party A a penalty equivalent to three months’ rent for the premises under this Agreement. 15.3 In the event of RMB 5% early termination of the lease or non-renewal of the lease upon its expiration, Party B shall be deemed to have illegally occupied the leased premises if it fails to return the leased premises to Party A. In addition to confiscating the security deposit under this contract, Party A shall, from the date of occupation, charge Party B three times the daily rent for the leased premises for each day of delay, amounting to RMB [5488.23], as liquidated damages, and reserves the right to pursue Party B for breach of Agreement. 15.4 If Party B terminates the lease before the end of the lease term and Party A agrees to the termination, it will be treated as a breach of Agreement, and Party B’s security deposit will be forfeited as liquidated damages and will not be returned by Party A. 15.5 Party B is required to pay the utility bills on time and should transfer the money within fifteen days of the reminder letter, late payment will be charged according to the total overdue amountamount of unpaid bills of two thousandths of the daily late fee, more than thirty days without transferring the money, Party A will have the right to take measures to stop the water and electricity until Party B will be the utility bills, late payment, Party A will resume the use of water and electricity.

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred 24.1 in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date event of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches early termination of this contract, party B shall not refund the security deposit, rental or other expenses paid by party B unless party B is liable for breach of contract is terminated in advance (except in Article 12.2 Besides)accordance with other provisions of this contract, Party party B has paid the security deposit, the actual consumption of rent or other costs are not enough to make up for the loss of party A, party A has the right to confiscate the performance bond difference, claim for compensation. 24.2 [ liability for breach of contract ] if party b breaches the terms of the lease contract by late payment of the security deposit, rent, property fee, water, electricity, communication or any other charges and require any liquidated damages, damages or late payment of the security deposit, the penalty shall be paid at the rate of 1/10,000 of the amount due for each day of delay. Party a shall have the right to stop the use of water and electricity facilities if the above-mentioned expenses and liquidated damages are paid for more than 20 consecutive days or more than 30 cumulative days. The consequences caused by the above-mentioned reasons shall be borne by Party B. 第 2▇ 页共 ▇▇ 页 ▇▇.▇ party B shall be responsible for the acts of its employees, agents, contractors and persons admitted by party B, and shall guarantee that such persons shall not engage in any act prejudicial to the premises or any act not permitted by party B under this contract, and assume full responsibility for the above-mentioned persons’ acts of damage. 24.4 where party B has not obtained party A’s written consent or has gone beyond the scope of party A’s written consent and has requested to decorate the leased area, or party B without permission of party A to add or reduce ancillary facilities (including air conditioning, ventilation system, oil fume purification equipment, heating facilities, etc.) , or that party B’s building decoration or equipment installation affects the interests of third parties, party A has the right to ask party B to restore the original condition. If party B refuses to make rectification, party A has the right to claim the cancellation of the contract and Demand Party B to compensate for the breach of contract, which is twice the monthly rent of the current year. If the breach of contract is insufficient to cover the loss of party A, party B shall also be responsible for the compensation. 24.5 [ responsibility for late return ] if party B returns the leased premises late, party B shall pay the occupancy fee on a daily basis for each day that party B returns the leased premises late The daily occupancy fee shall be calculated on the basis of double of the total rent and property fee of the year in which the contract is terminated, and shall bear all the costs of energy consumption as stipulated in the contract. Party B shall also be liable for any other losses caused by party B’s failure to vacate the leased premises within the time limit. The reasonable period of cleaning up party B’s articles, facilities and equipment in the leased premises as stipulated in the lease contract shall be regarded as the period of overdue return by Party B. Party a May deduct the above-mentioned expenses directly from the deposit already paid by Party B. Party a shall have the right to recover from party B the insufficient amount (plus the interest on the loan) . Party A’s acceptance of party B’s occupation fee or other expenses or compensation does not represent party A’s waiver of any rights under this contract, nor does it mean that party a agrees to renew the lease of the shop to Party B. Party B shall be deemed to have returned the leased premises within the time limit provided that party B has not fulfilled all the contents of the 13.3“surrender conditions” . ▇▇.▇ [ liability for breach of contract ] if party A is more than 30 days late in delivering the house, party a shall pay party B a penalty for breach of contract in accordance with the following formula starting from the Red Day of delay: Late penalty, second penalty, security deposit x 5% . X number of days from the 31st day after the expiry date (including that day) to the actual delivery date of party a (excluding that day) . In addition to the above-mentioned liquidated damages for damages, party a shall be liable in accordance with this contract. 3. Treaty enforcement. 24.7 this contract shall be automatically terminated if party A’s delivery of the previous month’s rent upon leased premises exceeds 30 days. In such case, party a shall, within 30 doors from the early date of termination of the contract, return the deposit paid by party B to party B twice without interest. If However, if the late delivery of the rental housing is caused by the Force Majeure event, party a need not pay party b liquidated damages or compensation, the contract is to be terminated by the two parties to negotiate. 24.8 if party a unilaterally cancels this contract in advance due without any reason, or party a sublets the house to Party other third parties without the permission of party B’s breach , so that the business activities of contract or other reasonsparty B can not proceed normally, Party A shall install Party party a will take back the house, double the deposit paid by party B, and refund the rent and property fee paid by party B The cost of repair and decoration without interest at 23. 5. Treaty reparations. 25 exoneration 25.1 party a shall not be compensated. 10.4 During liable for any loss incurred (and the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, rent and other expenses paid hereunder shall not be waived or terminated: The temporary cessation of the use of public facilities as a result of the maintenance of the house or its adjacent house or property, or as a result of the renovation, addition or alteration of the house or its adjacent house or property in accordance with the procedures specified in this contract, or cause temporary interruption of water, electricity, telephone, fax or other related services or supply of the premises, or cause water, electricity or other interruption due to municipal reasons, or otherwise cause party B to be unable to operate normally, party a shall not be liable for compensation. 第 29 页共 ▇▇ 页 Party B or party B’s employees, agents, contractors, visitors or any other person authorized by party B to enter the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred premises as a result of the force majeure; Any loss or injury caused by party B; Any personal injury or loss of property not caused by party a in the process premises at any time; Any loss suffered by party B as a result of investigation and evidence collection; 10.4.4 Travel expenses and suspension or cessation of business trip allowance. 10.5 Party B fails to cancel at the business place request of the leased property with the commercial registration authority as agreed herein For each day overdue, Party B shall pay party A a penalty of RMB 5% of the total overdue amountgovernment.

Liability for Breach of Contract. 10.1 Both parties shall abide by 15.1 In the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date event of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination late delivery of the contract. If the contract is terminated in advance Premises due to Party B’s breach of contract or other reasonsA, Party A shall install pay to Party B The cost liquidated damages at the rate of repair RMB [2273.72] per day of the daily rental amount payable by Party B for each day from the day following the last date of delivery as stipulated in the Agreement to the day of the actual delivery and decoration shall not be compensated. 10.4 During extend the term of the lease term, if either party breaches of the contract and causes losses to premises in accordance with the other party or is investigated by a third party or subject to administrative punishment, period of the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 delayed delivery. If Party B fails to cancel pay the business place of the leased property with the commercial registration authority rent and security deposit in full and on time as agreed herein For each day overdueagreed, Party B shall pay party to Party A liquidated damages for late payment of rent and security deposit at the rate of one-thousandth of the unpaid amount payable for each day of delay. 15.2 If Party A terminates the Agreement in accordance with the provisions of Article 14.2.2 of this Agreement, Party A shall not compensate Party B for the various investments made in the renovation and removal, and Party B shall compensate Party A for the losses incurred thereby and pay Party A a penalty equivalent to three months’ rent for the premises under this Agreement. 15.3 In the event of RMB 5% early termination of the lease or non-renewal of the lease upon its expiration, Party B shall be deemed to have illegally occupied the leased premises if it fails to return the leased premises to Party A. In addition to confiscating the security deposit under this Agreement, Party A shall, from the date of occupation, charge Party B three times the daily rent for the leased premises for each day of delay, amounting to RMB [6821.16], as liquidated damages, and reserves the right to pursue Party B for breach of Agreement. 15.4 If Party B terminates the lease before the end of the lease term and Party A agrees to the termination, it will be treated as a breach of Agreement, and Party B’s security deposit will be forfeited as liquidated damages and will not be returned by Party A. 15.5 Party B is required to pay the utility bills on time and should transfer the money within fifteen days of the reminder letter, late payment will be charged according to the total overdue amountamount of unpaid bills of two thousandths of the daily late fee, more than thirty days without transferring the money, Party A will have the right to take measures to stop the water and electricity until Party B will be the utility bills, late payment, Party A will resume the use of water and electricity.

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to 11.1 Party B’s liabilities for breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited tocontract: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 11.1.1 If Party B fails to cancel provide services, or commence or complete work as stipulated in the business place of the leased property with the commercial registration authority as agreed herein For each day overdueContract due to its own responsibility, Party B shall pay party liquidated damages of % of the contract amount for each day of delay to Party A a penalty from the 31st day after the due date. The amount of RMB 5the liquidated damages shall not exceed % of the total overdue contract amount. 11.1.2 The liability of Party B under this Contract is limited to direct losses. Party B shall not be liable for any indirect losses, including but not limited to data loss, profit loss, or goodwill loss. Regardless of any contrary provisions in this Contract, the total liability of Party B under this Contract, whether based on breach of contract, infringement or others, including liquidated damages, shall not exceed % of the amount paid by Party A for the services as subject matter under the Contract. 11.2 Party A’s liabilities for breach of contract: 11.2.1 If Party A fails to pay the contract amount on time, Party A shall pay Party B liquidated damages of % of the overdue payment by the day from the due date, and the amount of such liquidated damages shall not exceed % of the total amount of overdue payment. In addition, Party B shall extend the date of providing services under this Contract to Party A accordingly. If Party A breaches the contract for more than 30 days, Party B has the right to dissolve this Contract and hold Party A responsible for the breach of contract. 11.2.2 If the order is canceled due to the fault of Party A, Party B’s consent must be obtained. If Party B agrees to Party A’s cancellation, Party A shall pay Party B liquidated damages of % of the contract amount for the canceled order. If the service provided by Party B is customized, Party A has no right to cancel the order. Otherwise, Party A shall pay Party B liquidated damages of % of the contract amount. 11.2.3 If Party A fails to make payment on time, Party A shall also pay interest to Party B at the benchmark interest rate of RMB loans from financial institutions published by the People’s Bank of China from the due date. At the same time, Party B has the right to take back the vehicles and offset the debt through auction, sale, or collateral. All expenses incurred therefrom (including but not limited to lawyer fees, towing fees, travel expenses, and other expenses incurred to realize the creditor’s rights) shall be borne by Party A. 11.3 When the observant party requires the default party to pay liquidated damages according to the above default clause, it shall notify the default party in writing, and state the amount of liquidated damages. The default party shall pay the liquidated damages to the other party within ten days upon receiving the notice. If the default party has any objection to the amount of liquidated damages or compensation, it shall notify the other party within one week after receiving the notice. Both parties shall negotiate to clarify the liability for breach of contract as soon as possible after receiving the notice or response from the other party. The default party shall pay the liquidated damages to the other party within ten days after reaching an agreement on the amount of the liquidated damages. 11.4 When calculating the above default time, the period of delay due to force majeure in Article 10 shall be deducted. 11.5 If Party A violates the integrity and anti-bribery provisions, Party B has the right to dissolve the Contract and cancel Party A’s qualification for business cooperation, and Party A shall bear liquidated damages of % of the contract amount or equivalent to illegal benefits obtained by Party A.

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract during the lease term, and either party violates After this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 During the lease termagreement comes into effect, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel pay the business place of the leased property transaction consideration as scheduled in a sufficient amount in accordance with the commercial registration authority as agreed herein For each day overduethis agreement, Party B shall pay party A a penalty of RMB 50.05% of the total outstanding payable Share Transfer Price to Party A as overdue amountfine for each day of delay until the transaction consideration is paid off. However, the aforementioned overdue fine shall not exceed 10% of the Share Transfer Price for the share transfer. If the consideration is not paid off for over 60 days and the outstanding amount accounts for more than 50% of the transaction consideration of the share transfer, Party A is entitled to notify Party B of terminating this agreement, and Party A shall return all the payments received as well as the interests accrued over the period at the interest rate for bank deposits of the same term to Party B. Party B shall pay 10% of the Share Transfer Price for the share transfer to Party A as liquidated damages (in particular, Party A is entitled to deduct the liquidated damages from all the payments received in advance). After this agreement comes into effect, if Party B has fulfilled the necessary cooperation obligations and Party A fails to complete the procedures for the transfer of the Underlying Shares as scheduled according to the agreement, Party A shall pay 0.05% of the Share Transfer Price for the share transfer to Party B as overdue fine for each day of delay until the date of completion of the transfer. However, the aforementioned overdue fine shall not exceed 10% of the Share Transfer Price for the share transfer. If the procedures for transfer of the Underlying Shares are not completed for over 60 days, Party B is entitled to notify Party A of terminating this agreement, and Party A shall return all the payments received as well as the interests accrued over the period at the interest rate for bank deposits of the same term to Party B. Party A shall pay 10% of the Share Transfer Price for the share transfer to Party B as liquidated damages. Unless otherwise stipulated in this agreement, the failure of either party to this agreement to perform or fully perform or delay performing its obligations under this agreement, or either party’s violation of any of its statements, representations, commitments or warranties under this agreement shall constitute a breach of contract. The default party shall assume the liability for breach of contract to the fulfilling party and be liable to compensate the fulfilling party for all the losses suffered therefrom (including but not limited to the interests paid or interest loss due to the breach of contract, litigation expenses, preservation fees, execution fees, legal fees, and reasonable travel and accommodation fees incurred for participation in litigation action in other places).

Liability for Breach of Contract. 10.1 Both parties 7.1 Party A must clear up the plant under lease 3 days prior to the effective date of lease hereunder, so that Party B could use the plant on schedule. Where Party A delays to deliver the plant, then Party A must pay the liquidated damages at 1% of the daily rental per overdue day. If the overdue payment exceeds 30 days, Party B shall abide by have the contract during right to terminate the lease termContract unconditionally, and either party violates Party A must pay rentals of 2 months to Party B as liquidated damages. 7.2 Where Party B fails to pay the rental on schedule, then Party B must pay the liquidated damages at 1% of the daily rental per overdue day. In the event that the overdue payment exceeds 30 days, then Party A shall have the right to terminate the Contract unconditionally. In this Contract to case, except for Party B’s removable facilities and equipment in the other party For lossesplant, they all equipment and devices including decoration shall be protected from damage, and shall be owned by Party A. Party B shall be liable for compensationall losses arising from termination of the Contract. 10.2 during 7.3 Where Party B fails to pay the lease termmanagement fee and other expenses for 30 days, party b overdue pay this contract then Party B shall be borne by party b rent and the related expenses incurred in the lease processdeemed as default. Should Party B still fail to make payment upon receipt of Party A’s written notice, such as the rectification completed, party a has, then Party A shall have the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue paymentContract. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 7.4 During the lease term, if in the event that either party breaches Party A or Party B intends to terminate the contract and causes losses Contract early, then Party A or Party B may give a notice to the other party or is investigated by a third party or subject to administrative punishmentin writing 2 months in advance, failure of which shall be deemed as default. In this case, the breaching party shall, in addition shall pay rentals of 2 months to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowanceparty as liquidated damages. 10.5 7.5 Where Party B fails to cancel return the business place plant in good conditions to Party A on time upon expiration of the leased property with the commercial registration authority as agreed herein For each day overduelease term, Party B shall pay party A a penalty of RMB 5% liquidated damages by double of the total rental under the original contract per overdue amountday.

Liability for Breach of Contract. 10.1 Both parties 11-1 Party A and Party B agree that the liquidated damages are three months’ rent and property management fee. 11-2 If either party violates clause 10-2 hereof, it shall abide by pay the contract during other party; if the liquidated damages paid are insufficient to offset the losses of the other party, it shall compensate the difference between the losses caused and the liquidated damages. 11-3 During the lease term, if Party A fails to timely perform the maintenance and either party violates this Contract maintenance responsibilities agreed herein, resulting in damage to the other party For premises and property loss or personal injury to Party B, Party A shall compensate Party B for the direct economic losses, they shall be liable for compensation. 10.2 during 11-4 During the lease term, party b overdue pay if Party A terminates this contract shall be borne by party b rent Contract without authorization and takes back the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract premises in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the Party A shall pay liquidated damages for overdue payment.to Party B. 10.3 11-5 If Party B breaches does not decorate the premises or add ancillary facilities without the written consent of Party A or beyond party A’s written consent, Party A may require Party B to restore the premises to its original state or compensate for the losses. 11-6 During the lease term, if Party B withdraws the lease without authorization specified in this contractContract, Party B shall pay liquidated damages to Party A. Party A may deduct the contract is terminated deposit from the lease deposit and the deposit for restoring the original state, and the insufficient part of the deposit shall be paid separately by Party B. 11-7 During the lease term, if Party B delays in advance paying the rent, property management fee and other due fees due to Party A, Party B shall pay RMB 5% of the overdue amount per day (except in Article 12.2 Besides)0.05%) as a late fee, which shall be calculated from the first day of overdue payment until party B pays all the due amount payable. If Party B owes within 15 days. If Party B owes over 15 days, Party B shall pay late fees to Party A, and Party A shall terminate this Contract, stop water, electricity and other services, and take other legal measures. Party B shall bear all the consequences and expenses incurred. Party B shall seize and dispose of the arrears. Party A has the right to confiscate the performance bond and require recover from Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdue, Party B shall pay party A a penalty of RMB 5% of the total overdue amount.B.

Liability for Breach of Contract. 10.1 Both parties shall abide by 15.1 In the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date event of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination late delivery of the contract. If the contract is terminated in advance Premises due to Party B’s breach of contract or other reasonsA, Party A shall install pay to Party B The cost liquidated damages at the rate of repair RMB [174.49] per day of the daily rental amount payable by Party B for each day from the day following the last date of delivery as stipulated in the Agreement to the day of the actual delivery and decoration shall not be compensated. 10.4 During extend the term of the lease term, if either party breaches of the contract and causes losses to premises in accordance with the other party or is investigated by a third party or subject to administrative punishment, period of the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 delayed delivery. If Party B fails to cancel pay the business place of the leased property with the commercial registration authority rent and security deposit in full and on time as agreed herein For each day overdueagreed, Party B shall pay party to Party A liquidated damages for late payment of rent and security deposit at the rate of one-thousandth of the unpaid amount payable for each day of delay. 15.2 If Party A terminates the Agreement in accordance with the provisions of Article 14.2.2 of this Agreement, Party A shall not compensate Party B for the various investments made in the renovation and removal, and Party B shall compensate Party A for the losses incurred thereby and pay Party A a penalty equivalent to three months’ rent for the premises under this Agreement. 15.3 In the event of RMB 5% early termination of the lease or non-renewal of the lease upon its expiration, Party B shall be deemed to have illegally occupied the leased premises if it fails to return the leased premises to Party A. In addition to confiscating the security deposit under this Agreement, Party A shall, from the date of occupation, charge Party B three times the daily rent for the leased premises for each day of delay, amounting to RMB [523.47], as liquidated damages, and reserves the right to pursue Party B for breach of Agreement. 15.4 If Party B terminates the lease before the end of the lease term and Party A agrees to the termination, it will be treated as a breach of Agreement, and Party B’s security deposit will be forfeited as liquidated damages and will not be returned by Party A. 15.5 Party B is required to pay the utility bills on time and should transfer the money within fifteen days of the reminder letter, late payment will be charged according to the total overdue amountamount of unpaid bills of two thousandths of the daily late fee, more than thirty days without transferring the money, Party A will have the right to take measures to stop the water and electricity until Party B will be the utility bills, late payment, Party A will resume the use of water and electricity.

Liability for Breach of Contract. 10.1 Both parties If the Contract is terminated or cannot be performed due to the fault of Party A, Party A shall abide by refund the contract during the lease termdeposit and franchise fee, and either party violates this Contract to Party B may seek recourse against Party A for the other party For losses, they shall be liable for compensationactual losses directly caused by Party A’s fault. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides)Contract, Party A has may choose one or more methods as follows based on the right default status of Party B: (1) Party A may require Party B to confiscate rectify within a specified period (including closeout rectification) and/or re-train Party B at its own expense, and pay the performance bond liquidated damages accordingly; (2) Party A may suspend the provision of raw materials, packing materials and other goods, shut down the relevant systems equipped by Party A for the Franchised Teahouse of Party B (including but not limited to cashier system, takeout platform, mobile mini program for ordering food, ordering platform, etc.), and may require Party B to pay Party A RMB20,000 in liquidated damages, after which Party A may choose to continue the performance of the Franchised Teahouse with Party B; (3) Party A may unilaterally terminate the Contract and withdraw the franchise right granted to Party B, while any fee charged by Party A including but not limited to the franchise fee and deposit shall not be refunded, and Party A shall pay liquidated damages as per deposit. In case the liquidated damages are insufficient to cover the losses of Party A, Party B shall be held liable to make up all the losses of Party A. 10.3 In case any Party breaches the Contract, it shall not only bear the liabilities for the previous month’s rent upon the early termination breach of the contract. If Contract, but also be liable for all costs incurred by the contract is terminated non-breaching Party in advance due to Party B’s connection with the prosecution of its liabilities for breach of contract or other reasonscontract, Party A shall install Party B The cost of repair including but not limited to reasonable fees such as travel expenses, attorney’s fees, legal costs, litigation preservation costs, litigation bond costs, notarization costs, appraisal costs and decoration shall not be compensatedexpress costs. 10.4 During the lease termterm of this Contract, if either Party B cannot continue its business at the original address for causes unattributable to any party, such as relocation of municipal construction, earthquake and war, Party B may seek from the relevant authorities for compensation, and any resulting compensation shall be owned by Party B. Party A has no liability therefor, and will not refund the deposit and franchise fee. However, Party B shall have the right to apply to Party A for changing the address for store opening, and only after Party A’s consent can Party B prepare for store opening in accordance with the provisions of this Contract. 10.5 Neither party breaches the contract and causes losses to shall be liable for the other party economic loss caused by strike, labor dispute, riot, war, government actions, earthquake, storm and other force majeure. Should either party be unable to completely perform the Contract due to force majeure, it shall timely notify the other party of the reasons of failing to perform or completely perform the Contract. 10.6 Party A is investigated by a third party or subject entitled to administrative punishmentmake an evaluation on the contract performance of Party B in accordance with the Rules, and in case of any act against the breaching party shallRules, Party A is entitled to pursue Party B’s liabilities for breach of contract in addition accordance with the Rules. In case of any update and adjustment to the compensation under this clauseRules, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration feesParty A shall timely notify Party B thereof, and other expenses paid to Party B shall unconditionally implement the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee update and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowanceadjustment. 10.5 10.7 If Party B fails to cancel pay various fees in full and on time or commits other default acts during the business place performance of the leased property Contract, Party A shall be entitled to directly deduct the fees and compensation payable by Party B from the franchise deposit. If the deposit is insufficient for deduction, Party A shall also be entitled to deduct the same from any amount payable by Party B, and such deduction shall not affect, reduce or exempt Party B’s liability for breach of contract in accordance with other provisions of the commercial registration authority as agreed herein For each day overdueContract or the losses not recovered by Party A. Party A shall notify Party B after making deductions, and Party B shall make up for the deficiency of the deducted deposit within 7 days after receiving such notice. If the deficiency of the deducted deposit is not remedied within such period, Party A shall be entitled to stop the supply of goods to Party B and cease the performance of the obligations provided herein, including but not limited to suspension of the use of cashier system, takeout platform, mobile mini program for ordering food and ordering platform, etc. If the deficiency of the deposit is not remedied within 15 days after the due date, Party B shall pay party A a penalty of RMB 5% be deemed in material breach of the total overdue amountContract, Party A shall be entitled to unilaterally terminate the Contract and withdraw the franchise right, and Party B shall be responsible for all liabilities and losses caused thereby. 10.8 Party A or the Manager shall evaluate and encourage Party B’s operation in accordance with the Rules and regulations, standards and policies formulated by Party A from time to time. If a Franchised Teahouse evaluated as a Class-D store is rated as a Class-D store again within two months after rating, Party A shall be entitled to require Party B to suspend business for rectification, convert it to an agent operation provider, or even unilaterally terminate this Contract and terminate the franchise cooperation.

Liability for Breach of Contract. 10.1 Both parties 1. If Party A fails to deliver the shop for Party B’s use on time, Party B shall abide pay liquidated damages to Party B at the rate of eight thousandths per day of the monthly rent agreed by Party B for each day overdue for the contract during the lease term, and either party violates this Contract to the other party For losses, they shall be liable for compensationnumber of days overdue. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 2. If Party B breaches this contractoverdues the rent payment, in addition to making up for the arrears of rent, Party B shall also pay Party A liquidated damages at the rate of 8% of the total arrears of rent per day. 3. If Party B pays the property fees overdue, in addition to making up for the arrears of property fees, Party B shall also pay Party A liquidated damages at the standard of 8% of the total arrears of property fees per day. 4. If Party B proposes to cancel the lease before the validity period of the contract is terminated in advance (except in Article 12.2 Besides)expires, Party A has the right to confiscate the performance bond contract deposit; and require the rent paid will not be returned. Party B also needs to pay double the rent of the current year to Party A as liquidated damages. 5. During the lease period, if Party B ceases operations for more than fifteen days and defaults on rent, Party A has the right to terminate this contract in advance and has the right to confiscate the deposit paid by Party B; Party A has the right to sell the property left by Party B ( During the sale process, Party A only needs to find a third-party certificate), and the price after the sale will be used to offset Party B’s debts such as rent, property management fees, water and electricity bills. 6. If Party B fails to pay the liquidated damages for the previous month’s rent upon the early termination of or property fees on time but does not terminate the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 During the lease term, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to paying the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution outstanding rent or property fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overdue, Party B shall also unconditionally pay party Party A a penalty liquidated damages of RMB 5% 50 yuan/room/day for each overdue day. , the liquidated damages are calculated until the date of payment of rent or property fee. Party A has the total overdue amount.right to deduct the liquidated damages directly from the security deposit. If the security deposit is insufficient, Party B must make up the amount to Party A.

Liability for Breach of Contract. 10.1 Both parties shall abide by the contract 12.1 If, during the lease termterm of lease, Party A’s failure to timely perform its obligation to repair and either party violates this Contract maintain the Premise provided for herein results in any damage of the Premise and any losses to the other party For Party B’s property or any injury to Party B’s personnel, Party A shall compensate Party B for its direct losses, they shall be liable for compensation. 10.2 during 12.2 If Party B carries out fitting-out of the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred Premise or add auxiliary facilities in the lease processPremise without Party A’s written consent or beyond the scope and requirements agreed in writing by Party A or Party B privately occupies/uses public area or fire protection passage, such as the rectification completed, party a has, the right to terminate this contract in advance, and Party A shall have the right to require party b from Party B to restore the date of overdue Premise to daily standard to party a Pay the liquidated damages its original condition and compensate Party A for overdue paymentlosses. 10.3 If Party B breaches this contract12.3 If, during the contract is terminated in advance (except in Article 12.2 Besides)term of lease, Party A has terminates this Contract and earlier takes back the right to confiscate the performance bond and require Party B to pay the liquidated damages Premise other than as provided for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasonsherein, Party A shall install pay Party B The cost a sum equal to 0.5 times the rent that should otherwise have been payable for the number of repair and decoration days the Premise is earlier taken back (with a maximum of three months’ rent) as liquidated damages. If the liquidated damages is not adequate to compensate Party B for its losses, Party A shall not be compensatedmake up for the difference. 10.4 During 12.4 If, during the lease termterm of lease, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place of the leased property with the commercial registration authority earlier terminates this Contract at its own discretion other than as agreed herein For each day overdueprovided for herein, Party B shall pay party Party A a penalty sum equal to 0.5 times the rent that should otherwise have been payable for the number of RMB 5% days this Contract is earlier terminated (with a maximum of three months’ rent) as liquidated damages. If the total overdue amount.liquidated damages is not adequate to compensate Party A for its losses, Party B shall make up for the difference. Party A may deduct the same from the deposit. If the deposit is not adequate, Party B shall make up for the difference. In addition, Party B shall pay Party A the rent for the rent-free period from April 16, 2012 to July 15, 2012, i.e.,

Liability for Breach of Contract. 10.1 Both parties 7.1 Each of Party A and Party B shall abide by the contract during the lease term, and either party violates perform this Contract to in good faith. Either Party, who breaches this Contract, shall pay damages if the other party For has sustained direct or indirect losses, they shall be liable for compensation. 10.2 during 7.2 If Party B fails to pay the lease termrent or other fees timely according to this Contract, party b overdue for the delay in payment, Party B shall pay this contract Party A the surcharge at the rate of one percent (1%) of the day rent for each day. If the delay is beyond seven (7) days, Party A shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, have the right to terminate this contract in advancethe Contract and take back the Premises. Party B shall pay two (2) months’ rent as penalty to Party A. If the penalty is insufficient to repay the loss, and Party A shall have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue paymentdemand indemnification. 10.3 If Party B breaches this contract, the contract is terminated in advance (except in Article 12.2 Besides), Party A has the right to confiscate the performance bond and require Party B to pay the liquidated damages for the previous month’s rent upon the early termination of the contract. If the contract is terminated in advance due to Party B’s breach of contract or other reasons, Party A shall install Party B The cost of repair and decoration shall not be compensated. 10.4 7.3 During the lease term, if either party breaches Party B dissolves the contract and causes losses to Contract with Party A’s consent, Party A shall keep the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party rent for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails to cancel the business place remaining term of the leased property with the commercial registration authority as agreed herein For each day overduelease from Party B, meanwhile, Party B shall pay party two (2) months’ rent as penalty to Party A. 7.4 If Party B makes fitment, decoration or purchases new goods for the Premises without Party A’s authorization, Party A shall have the right to require Party B to restore to the original status within a definite time or make compensation. If Party B occupies the shared area other than the Premises, Party B shall pay twice the rent according to the occupied area and time as penalty to Party A. 7.5 During the lease term, in the event of RMB any damage to the Premises and affiliated facilities due to Party B’s improper use, Party B shall be responsible for the repair and assume all the maintenance fee or compensation. Or in the event of any accident occurred due to Party B’s improper use, Party B shall solve the dispute by itself and assume the liability to compensate such damage. 7.6 Once the Contract is terminated, if Party B does not settle up all the related fees during the lease term, Party B shall assume the settlement. 7.7 If Party A fails to deliver the Premises and its affiliated facilities timely, it shall pay the penalty at the rate of five percent (5% %) of the total overdue amountmonthly rent for each day to Party B. If the delay is beyond five (5) days, Party B shall have the right to terminate the Contract through a written notice to Party A. Party A shall return the rent payable in advance plus the bank interest, as well as two (2) months’ rent as compensation to Party B. 7.8 During the lease term, if Party A arbitrarily dissolves the Contract in the case not mentioned in the Contract and withdraws the Premises ahead of schedule, Party A shall return the rent for the remaining term of lease to Party B, and Party A shall pay twice the rent for the remaining lease term as penalty, if the penalty is insufficient to deduct Party B’s loss, Party A shall be responsible for the compensation.

Liability for Breach of Contract. 10.1 Both parties 12-1 When the house is delivered for acceptance, Party A guarantees that the existing decoration, ancillary facilities and equipment can be used normally. 12-2 Party A should ensure that the ownership of the house is clear and has the right to sign this contract (if there is a co-owner, ensure that the consent and authorization of the co-owner have been obtained). Any disputes arising from house ownership disputes or objections from co-owners shall abide be handled by Party A by itself, and any losses caused to Party B and Party C shall be borne by Party A. If Party A fails to inform Party B at the beginning of this contract during that the house has been mortgaged before being rented out, causing Party B economic losses, Party A shall be responsible for compensation. 12-3 During the lease termperiod, if Party A fails to perform the repair and either party violates maintenance responsibilities stipulated in this Contract contract in a timely manner, causing damage to the other party For losseshouse and its ancillary facilities and equipment, they resulting in property loss or personal injury to Party B, Party A shall be liable for compensation. 10.2 during the lease term, party b overdue pay this contract shall be borne by party b rent and the related expenses incurred in the lease process, such as the rectification completed, party a has, the right to terminate this contract in advance, and have the right to require party b from the date of overdue to daily standard to party a Pay the liquidated damages for overdue payment. 10.3 12-4 If Party B breaches this contract, renovates the contract is terminated in advance (except in Article 12.2 Besides)house or adds ancillary facilities without Party A’s written consent or exceeds the scope of Party A’s written consent, Party A has the right to confiscate the performance bond and may require Party B to pay restore the liquidated damages house to its original condition and compensate for losses. 12-5 During the previous month’s rent upon the early termination of the contract. If lease period, if Party A terminates the contract is terminated in advance due to Party B’s breach of contract or circumstances other reasonsthan those stipulated in this contract, Party A shall install negotiate with Party B The cost and pay 100% of repair and decoration the monthly rent as liquidated damages to Party B. If the liquidated damages are insufficient to cover Party B’s losses, Party A shall also be responsible for compensation. Party A shall not be compensated.take back the house in advance without reaching an agreement with Party B. 10.4 12-6 During the lease termperiod, if either party breaches the contract and causes losses to the other party or is investigated by a third party or subject to administrative punishment, the breaching party shall, in addition to the compensation under this clause, compensate the party for the reasonable expenses paid by the non-breaching party, including But not limited to: 10.4.1 Litigation costs, preservation costs, execution fees, arbitration fees, and other expenses paid to the relevant government departments Tax, fee; 10.4.2 Lawyer’s fee, notary fee and evaluation fee; 10.4.3 Evidence preservation fee and other reasonable expenses incurred in the process of investigation and evidence collection; 10.4.4 Travel expenses and business trip allowance. 10.5 Party B fails cancels the lease midway due to cancel the business place of the leased property with the commercial registration authority as agreed herein For each day overduecircumstances other than those stipulated in this contract, Party B shall negotiate with Party A and pay party A a penalty of RMB 5100% of the total overdue amount.monthly rent as liquidated damages to Party A. If the liquidated damages are insufficient to cover Party A’s losses, Party B shall also be responsible for compensation. Party B shall not cancel the lease in advance without reaching an agreement with Party A.