Exhibit
10.29
PROXY
AGREEMENT
This Proxy Agreement (the
“Agreement”) is dated June 15, 2010 and is entered into
between Hunan Beiwei International Media Consulting Co.,
Ltd., a company with limited liability formed under the laws of
the People’s Republic of China (“Party A” or
“Proxy Holder”), Changsha Zhongte Trade Advertising
Co., Ltd. , a company with limited liability formed under the
laws of the People’s Republic of China (“Party
B”) and each of the shareholders of Party B listed on
Appendix 1 (“Shareholders”). Party A, Party B, and
Shareholders are collectively referred to in this Agreement as the
“Parties.”
RECITALS
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A.
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The Shareholders hold a majority of the
outstanding shares of Party B;
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B.
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The Shareholders are willing to entrust the
person designated by the Proxy Holder with their voting rights
(with respect to shares held by each such party) without any
limitations, at any shareholder meeting of Party B.
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NOW
THEREFORE ,
the parties agree as follows: