Common use of Transfer of Clients Clause in Contracts

Transfer of Clients. Media Port agrees to procure that Charm and its Affiliates shall, by 30 April 2010, transfer all existing clients of Media Port and its Affiliates whose names are set out in Schedule 5 (or such other existing clients of Media Port and its Affiliates as may be substituted by Media Port prior to 30 April 2010 on the basis of equal or greater revenue contribution to Beijing Vizeum; provided that such other existing clients shall have entered into media planning, buying and consultancy service agreements or arrangements with Beijing Vizeum or otherwise with a company in the PRC as agreed between the Company and Media Port effective by no later than 30 April 2010 and Media Port shall consult with PAL on the terms and conditions of the service agreements or arrangements before entering into such service agreements or arrangements) (“Charm’s Designated Clients”) and who have entered into media planning, buying and consultancy service agreements with Beijing Vizeum or otherwise with a company in the PRC as agreed between the Company and Media Port effective by no later than 30 April 2010 and on such terms and conditions mutually agreed between the Company and Media Port.