NCTY » Topics » 6. Requirements for Use of the Building and Maintenance Responsibilities

This excerpt taken from the NCTY 20-F filed Jun 30, 2006.

6. Requirements for Use of the Building and Maintenance Responsibilities

6 – 1 During the lease term, Party B should notify Party A in a timely manner of any damage to or any malfunctions of the building and its auxiliary facilities so as to conduct repairs; Party A upon receiving notification from Party B should engage maintenance and repairs within          days. If no repairs are done on time, Party B can get repairs and the costs will be borne by Party A.

6 – 2 During the lease term, Party B should properly use and take care of the building and its auxiliary facilities. Party B shall be responsible for repairs if damages to or malfunctions of the building and its auxiliary facilities occur due to improper or unreasonable use. If Party B refuses to repair, Party A can engage in repairs and the cost will be borne by Party B.

6 – 3 During the lease term, Party A assures that the building and its auxiliary facilities are in normal, usable and safe condition. Party A shall inform Party B      days ahead of its inspection and maintenance of the building, during which period Party B should cooperate. Party A should minimize its hindrance to Party B for using the building.

6 – 4 Except for Schedule 3 of the Contract, Party B should obtain written consent from Party A if Party B needs extra renovation or auxiliary facilities and equipment.     /     (Party A/Party B entrusted by Party A) should also, where it is required to submit for approval pursuant to regulations, obtain the approval from related authorities, before Party B can

 

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[English translation; for reference only]


 

further renovate. The operation style and maintenance responsibilities of the auxiliary facilities and equipment that Party B adds are to be agreed upon in writing between Party A and Party B.

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