DATED THE NOVEMBER 18,

2010
AGREEMENT
Between

Vision media outdoor enterprise

No, 420 a, jalan sungai tua,
Batu 10, 68100 batu caves,
Selangor, Malaysia.
And

GuocoLand (Malaysia) Berhad

Level 8, Wisma Hong Leong

18, Jalan Perak

50450 Kuala Lumpur

An agreement made the 18th day of November between VISION

MEDIA OUTDOOR ENTERPRISE of No 420 A ,Jalan Sungai Tua ,Batu
10,68100 Batu Caves, Selangor, Malaysia of the one part and
GuocoLand (Malaysia) BerhadLevel 8, Wisma Hong Leong18, Jalan
Perak50450 Kuala Lumpur (here in after called the advertiser) of the
other part.

Whereas VISION MEDIA OUTDOOR ENTERPRISE is the lessor or the

outdoor site and location together with the advertising billboard.
The advertising billboard thereon to be constructed (referred to as
the advertising billboard) which said outdoor site and location and
advertising billboard are described in schedule 1 here to.

VISION MEDIA OUTDOOR

And whereas the advertiser is desirous of displaying it’s
advertisement in the said advertising billboard with the details and

ENTERPRISE
specification of which advertisement are set out in the schedule
(here after referred to as the advertisement).

And whereas the advertiser is desirous of obtaining the services of

VISION MEDIA OUTDOOR ENTERPRISE for the creation and
installation of the advertisement on the advertising billboard (here
after referred to as production work).

It is now hereby mutually agreed as follow:

1. In consideration of the advertiser agreeing to make to VISION

MEDIA OUTDOOR ENTERPRISE payment at the rate 50% during
the continuance of this agreement, VISION MEDIA OUTDOOR
ENTERPRISE agrees to allow the advertisement on the
advertisement billboard

2. The said payment shall be made with the term effectively

beginning on the first day of installation and as follows in each
year following (here in after referred to as payment dates),as
stated in in section 6 of schedule 1.
3. Unless otherwise stated this agreement shall remain in force
for a period of one year from the date said advertisement is
installed and affixed to the said advertisement billboard.

4. TERMINATION
-either party shall be entitled to terminate this agreement by
giving:
a) At least 30 days prior written notice to the other party
without assigning any reason whatsoever during one year
contract.

5. VISION MEDIA OUTDOOR ENTERPRISE warrants that it has the

sole right to grant to the advertiser the rights contained
herein relation to the advertisement billboard.
 SCHEDULE 1

SECTION 1

THE GuocoLand (Malaysia) Berhad

ADVERTISER

VISION
SECTION 2
MEDIA OUTDOOR ENTERPRISE
THE 10X40
ADVERTISING
BILLBOARD

SECTION 3

CONTRACT I YEAR
PERIOD

SECTION 4

RENTAL RM 12,000.00/ BILLBOARD AT RAWANG

SECTION 5

RENEWAL UPON 1 MONTH BEFORE THE END OF

PERIOD CONTRACT

SECTION 6

PAY TERMS PAY FOR 3 MONTH. BALANCE OF PAYMENT

SHOULD PAY MONTHLY.
In witness where of the parties here to set their hands the day and
year first above written.

Signed by )

For and on behalf of )

VISION MEDIA OUTDOOR ENTERPRISE )…………………………………..

IN THE PRESENCE OF:

)
VISION MEDIA OUTDOOR
ENTERPRISETRE

Signed by )

For and on behalf of )

GuocoLand (Malaysia) Berhad: )……………………………………

IN THE PRESENCE OF: )

 6. All overdue payment by the advertiser to VISION MEDIA
OUTDOOR ENTERPRISE hereunder shall bear interest
fourteen(14) days after the same shall become due at the rate of
ten percent(10%) per annum calculated on a monthly rent basis
until the date of full settlement thereof without prejudice to the
rights of VISION MEDIA OUTDOOR ENTERPRISE to remove the
advertisement after three(3) weeks from the date the payment
was due and to forfeit all advance payments that may have been
made previously.

7. VISION MEDIA OUTDOOR ENTERPRISE grants to the advertiser

VISION
an option MEDIA
to extend the OUTDOOR
right mentioned in schedule 1 for a
further period to be mutually agreed upon by the parties
ENTERPRISE
hereto on expiry of this agreement upon the same terms and
conditions herein save for this renewal clause but at the rate
not exceeding then prevailing market rate provided however
that the advertiser exercises this option in writing at least
three(3) months before the expiry of this agreement and the
advertiser shall have performed and observed up to expiration
of the contract period.

8. Any dispute, difference or question which may arise at any

time hereafter between the parties hereto and touching the
true construction of this agreement or the rights and liabilities
of the parties hereto shall unless otherwise herein expressly
provided be referred to a local court to be agreed upon
between the parties hereto or in default of agreement for
fourteen (14) days to be appointed at the request of either
party.

9. The schedules and appendices shall be taken, read and

construed as part of this AGREEMENT.

10. Time wherever mentioned shall be of the essence of the

agreement.
11. This agreement shall be binding upon the successor- in- title and
assigns personal represent and heirs of the advertiser and VISION
MEDIA OUTDOOR ENTERPRISE.

APPENDIX 1

VISION MEDIA
OUTDOOR ENTERPRISE
VISION MEDIA OUTDOOR
ENTERPRISETRE
1. Liable for local authority Advertisement license and shall
indemnify the advertiser against loss or penalty.

2. To provide insurance cover and take full responsible for the

safety of the said billboard and shall indemnify the
advertiser against any claim from third party.

3. Warranty on damages, to make good from time to time for

the period of one year.