Director Agreement, dated as of July 25, 2011



 Exhibit 10.8 
 TUDOU HOLDINGS LIMITED 
 DIRECTOR AGREEMENT 

This Director Agreement (the “Agreement”) is made and entered into as of July 25, 2011, by and between Tudou Holdings
Limited, a Cayman Islands company (the “Company”), and Conor Chia-hung Yang, an individual (the “Director”). 
  

	I.	SERVICES 

 1.1 Board of
Directors. Director has been appointed as an Independent Director of the Company’s Board of Directors (the “Board”), effective upon the effectiveness of the Company’s Registration Statement on Form F-1 in connection
with its initial public offering (the “Effective Date”), until the earlier of the date on which Director ceases to be a member of the Board for any reason or the date of termination of this Agreement in accordance with this
Section 5.2 hereof (such earlier date being the “Expiration Date”). The Board shall consist of the Director and such other members as nominated and elected pursuant to the then current Memorandum and Articles of Association of
the Company (the “Articles”). 
 1.2 Director Services. Director’s services to the Company
hereunder shall include service on the Board to manage the business of the Company in accordance with applicable law and the then current Articles, and such other services mutually agreed to by Director and the Company (the “Director
Services”). 
  

	II.	COMPENSATION 

 2.1
Expense Reimbursement. The Company shall reimburse Director for all reasonable travel and other out-of-pocket expenses incurred in connection with the Director Services rendered by Director. 

2.2 Fees to Director. The Company agrees to pay Director the following fees for the Director Services: an annual retainer of
US$60,000. In the event Director ceases to serve on the Board for any reason, Director shall be entitled to the pro rata portion of the annual fee for the number of months he has served on the Board in a given year. 







 2.3 Director and Officer Liability Insurance. The Company’s proposed director
and officer liability insurance policy shall provide Director with coverage for damages and losses incurred in connection with the Director Services. 
  

	III.	DUTIES OF DIRECTOR 

 3.1
Fiduciary Duties. In fulfilling his managerial responsibilities, Director shall be charged with a fiduciary duty to the Company and all of its shareholders. Director shall be attentive and inform himself of all material facts regarding a
decision before taking action. In addition, Director’s actions shall be motivated solely by the best interests of the Company and its shareholders. 
 3.2 Confidentiality. During the term of this Agreement, and for a period of one (1) year after the Expiration Date, Director shall maintain in strict confidence all information he has obtained
or shall obtain from the Company which the Company has designated as “confidential” or which is, by its nature confidential, relating to the Company’s business, operations, properties, assets, services, condition (financial or
otherwise), liabilities, employee relations, customers (including customer usage statistics), suppliers, prospects, technology, or trade secrets, except to the extent such information (i) is in the public domain through no act or omission of
the Company, (ii) is required to be disclosed by law or a valid order by a court or other governmental body, or (iii) is independently learned by Director outside of this relationship (the “Confidential Information”).

 3.3 Nondisclosure and Nonuse Obligations. Director will use the Confidential Information solely to perform the
Director Services for the benefit of the Company. Director will treat all Confidential Information of the Company with the same degree of care as Director treats his own Confidential Information, and Director will use his best efforts to protect the
Confidential Information. Director will not use the Confidential Information for his own benefit or the benefit of any other person or entity, except as may be specifically permitted in this Agreement. Director will immediately give notice to the
Company of any unauthorized use or disclosure by or through him, or of which he becomes aware, of the Confidential Information. Director agrees to assist the Company in remedying any such unauthorized use or disclosure of the Confidential
Information. 
 3.4 Return of the Company Property. All materials furnished to Director by the Company, whether delivered
to Director by the Company or made by Director in the performance of Director Services under this Agreement (the “Company Property”) are the sole and exclusive property of the Company. Director agrees to promptly deliver the
original and any copies of the Company Property to the Company at any time upon the Company’s request. Upon termination of this Agreement by either party for any reason, Director agrees to promptly deliver to the Company or destroy, at the
Company’s option, the original and any copies of the Company Property. Director agrees to certify in writing that Director has so returned or destroyed all such the Company Property. 

  
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	IV.	COVENANTS OF DIRECTOR 


4.1 No Conflict of Interest. In one year from the Effective Date, or if the term of this Agreement is longer, then during the term
of this Agreement, Director shall not be employed by, own, manage, control or participate in the ownership, management, operation or control of any business entity that is competitive with the Company or otherwise undertake any obligation
inconsistent with the terms hereof, provided that Director may own equity of certain business entity engaging in similar business as that of the Company subject to the prior approval by the Board, and provided further that Director may continue
Director’s current affiliation or other current relationships with the entity or entities described on Exhibit A (all of which entities are referred to collectively as “Current Affiliations”). For a period of one
(1) year after the Expiration Date, Director shall not be employed by, operate or manage any business entity that is competitive with the Company. This Agreement is subject to the current terms and agreements governing Director’s
relationship with Current Affiliations, and nothing in this Agreement is intended to be or will be construed to inhibit or limit any of Director’s obligations to Current Affiliations. Director represents that nothing in this Agreement conflicts
with Director’s obligations to Current Affiliations. A business entity shall be deemed to be “competitive with the Company” for purpose of this Article IV only if and to the extent it engages in the business substantially similar to
the Company’s online video and mobile video businesses. 
 4.2 Noninterference with Business. During the term of
this Agreement, and for a period of one (1) year after the Expiration Date, Director agrees not to interfere with the business of the Company in any manner. By way of example and not of limitation, Director agrees not to solicit or induce any
employee, independent contractor, customer or supplier of the Company to terminate or breach his or her employment, contractual or other relationship with the Company. 
  


	V.	TERM AND TERMINATION 

 5.1
Term. This Agreement is effective on the Effective Date and will continue for one year or such longer period as the parties may agree upon. 
 5.2 Termination. Either party may terminate this Agreement at any time upon thirty (30) days prior written notice to the other party, or such shorter period as the parties may agree upon.

 5.3 Survival. The rights and obligations contained in Articles III and IV will survive any termination or expiration
of this Agreement. 
  

	VI.	MISCELLANEOUS 

 6.1
Assignment. Except as expressly permitted by this Agreement, neither party shall assign, delegate, or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the other party. Subject to
the foregoing, this Agreement will be binding upon and inure to the benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns. 
 6.2 No Waiver. The failure of any party to insist upon the strict observance and performance of the terms of this Agreement shall not be deemed a waiver of other obligations hereunder, nor shall it
be considered a future or continuing waiver of the same terms. 

  
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 6.3 Notices. Any notice required or permitted by this Agreement shall be in writing
and shall be delivered as follows with notice deemed given as indicated: (i) by personal delivery when delivered personally; (ii) by overnight courier upon written verification of receipt; (iii) by facsimile transmission upon
acknowledgment of receipt of electronic transmission; or (iv) by certified or registered mail, return receipt requested, upon verification of receipt. Notice shall be sent to the addresses set forth below or such other address as either party
may specify in writing. 
 To the Company: 
 Building 6, Number 1238 Xietu Road, Xuhui District, Shanghai, People’s Republic of China 
 Attention: Gary Wang 
 To Director: 

4/F, Tower C, the 5th Square No. 7, Chaoyangmen North Avenue, Dongcheng District, Beijing 100010, People’s Republic of China. 

6.4 Governing Law. This Agreement shall be governed in all respects by the laws of the United States of America and by the laws of
the State of New York, without regard to conflicts of law principles thereof. 
 6.5 Severability. Should any provisions
of this Agreement be held by a court of law to be illegal, invalid or unenforceable, the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby. 

6.6 Entire Agreement. This Agreement constitutes the entire agreement between the parties relating to this subject matter and
supersedes all prior or contemporaneous oral or written agreements concerning such subject matter. The terms of this Agreement will govern all Director Services undertaken by Director for the Company. 

6.7 Amendments. This Agreement may only be amended, modified or changed by an agreement signed by the Company and Director. The
terms contained herein may not be altered, supplemented or interpreted by any course of dealing or practices. 
 6.8
Counterparts. This Agreement may be executed in two counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

  
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 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. 

 

					
	Company:	 	Tudou Holdings Limited
			
		 	By:	 	 /s/ Gary Wei Wang

		 	Name:	 	Gary Wei Wang
		 	Title:	 	Director & CEO
			
	Independent Director:	 		 	
		
		 	 /s/ Conor Chia-hung Yang

		 	Name:	 	 Conor Chia-hung Yang



  
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 EXHIBIT A 

Director’s Current Affiliations 
 E-Commerce China Dangdang Inc. (Chief Financial Officer)