曝光台 注意防骗
网曝天猫店富美金盛家居专营店坑蒙拐骗欺诈消费者
fee charging schedule (or charge standard) shall be determined on an arm’s length basis between both
parties, and shall not be higher than the one charged by any independent third parties in the similar industry. The annual cap for the Property Management Framework Agreement is set at RMB47,010,000.
The Company renewed the Property Management Framework Agreement with GCSAPMC on 29 December 2008 for a term of three years from 1 January 2009 to 31 December 2011, and there is no change in the scope of services and the annual caps.
For the year ended 31 December 2009, the property management and maintenance fee incurred by the
Group amounted to RMB19,471,000 pursuant to the Property Management Framework Agreement.
CHINA SOUTHERN AIRLINES COMPANY LIMITED • ANNUAL REPORT 2009
32 Report of the Directors
(3) Trademark Licence Agreement
The Company and CSAHC entered into a ten year trademark licence agreement dated 22 May 1997. Pursuant to which CSAHC acknowledges that the Company has the right to use the name “China Southern” and “China
Southern Airlines” in both Chinese and English, and grants the Company a renewable and royalty free licence to
use the kapok logo on a worldwide basis in connection with the Company’s airline and airline-related businesses. Unless CSAHC gives a written notice of termination three months before the expiration of the agreement, the agreement will be automatically renewed for another ten-year term. In May 2007, the trademark licence
agreement entered into by the Company and CSAHC was automatically renewed for 10 years.
(4) Leases
The Group (as lessee) and CSAHC (as lessor) entered into lease agreements as follows:
A On 19 December 2006, the Company entered into a master lease agreement with CSAHC with a term valid from 1 January 2006 to 31 December 2008 (“Lease Agreement”). The Company renewed the Lease
Agreement with CSAHC on 29 December 2008. Pursuant to the Lease Agreement, CSAHC agrees to continue to lease to the Company certain parcels of land, properties, and civil aviation structures and facilities at existing locations in Guangzhou, Haikou, Wuhan, Hengyang, Jingzhou (previously known as “Shashi”) and Nanyang as well as some additional locations in Beijing, Shanghai, Changsha, Shenyang, Dalian, Harbin and Changchun, etc.. The Lease Agreement is valid from 1 January 2009 to 31 December
2011 and the annual rents payable to CSAHC under the Lease Agreement for 2009, 2010 and 2011 are
RMB37,148,660, RMB39,006,093 and RMB40,956,397.65 respectively. For the year ended 31 December 2009, the rent incurred by the Group amounted to RMB37,148,660
pursuant to such Lease Agreement.
B The Company and CSAHC entered into an indemnification agreement dated 22 May 1997 in which
CSAHC has agreed to indemnify the Company against any loss or damage caused by or arising from any challenge of, or interference with, the Company’s right to use certain lands and buildings.
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China Southern Airlines Company Limited Annual Report 2009(25)
