Exhibit 4.104


 


THIS LETTER is made on 12 March
2014 among the parties whose names appear on the execution pages hereto (the “Parties”).


 


Reference is made to the agreement entered
into among the Parties on 31 January 2014 with respect to their interests in the Company (the “Agreement”).
Unless otherwise defined, capitalized terms used herein shall have the same meanings as set out in the Agreement.


 


The Parties hereby agree that in order
to confirm and better reflect their mutual understanding that the put right set out in Clause 6.2 of the Agreement only be exercisable
in circumstances that would render a Qualified IPO incapable of being consummated, the Agreement be amended by way of deletion
of Clause 6.2 thereof and the inclusion of the following amended and restated Clause 6.2:


 





	6.2     	Put right 




 


		6.2.1	Each Investor may require the Founders and the FounderCos to jointly and severally purchase
                                                                 all or part of the Series A Preferred Shares then outstanding and held by it in accordance with this Clause 6.2 by giving
                                                                 written notice ("Put Notice") to the Company specifying the number of Series A Preferred Shares to be
                                                                 purchased ("Put Shares") and the purchase date ("Put Date") on which such Series A
                                                                 Preferred Shares are to be purchased, being a date that is at least sixty (60) days following the date of such written
                                                                 notice. The applicable aggregate put amount pursuant to Clause 6.2.2 below shall be referred to as the "Put
                                                                 Amount".



 


		6.2.2	In the event of the occurrence of (a) a Qualified IPO does not occur on or before the date which
is twenty four (24) months after the Completion Date, or (b) any of the following events that would, in the reasonable opinion
of the Investors after having consulted with their respective professional advisers, render a Qualified IPO incapable of being
consummated within twenty four (24) months after the Completion Date: (i) the Company or the Founders fail to duly observe or perform
any of the covenants or agreements on the part of the Company or the Founders, as the case may be, under Clauses 2 to 10 of this
Agreement or Schedule 8 of the Subscription Agreement in any material respect, and such failure continues for a period of thirty
(30) days after the date on which written notice of such failure, requiring the Company or the Founders, as the case may be, to
remedy the same, shall have been given to the Company by any holder of the Series A Preferred Shares; (ii) the WFOE, the VIE Entity
or its shareholders fail to duly observe or perform any of the covenants or agreements under the VIE Agreements, and such failure
continues for a period of thirty (30) days after the date on which written notice of such failure, requiring the WFOE, VIE Entity
or its shareholders to remedy the same, shall have been given to the Company by any holder of the Series A Preferred Shares; or
(iii) the resignation or dismissal of the Key Managers (Mr.
Eric Yang (杨庆) and Mr. Frank Ng (伍国樑)) from the Company, each Investor shall have the
right (but not the obligation) to require the Founders and the FounderCos to jointly and severally to purchase all or part of the
Series A Preferred Shares then outstanding and held by it, at a price per Series A Preferred Share equal to the aggregate of: the
Subscription Price Per Share paid by such Investor plus an amount that would provide the holders of the Series A Preferred Shares
with an internal rate of return of 12% per annum on each such Series A Preferred Share in respect of the Subscription Price Per
Share calculated from the Completion Date up to and including the Put Date in respect of each such Series A Preferred Share.



 


 




    	 



    	 



    

 


		6.2.3	The put right provided for under
                                         Clause 6.2.2 shall be exercisable at any time prior to the third (3rd) anniversary of
                                         the Completion Date ("Expiration Date") and shall expire if the Founders
                                         and FounderCos have not been served the Put Notice before the Expiration Date provided
                                         that (i) in the event of the occurrence of the circumstances set out in Clause 6.2.2(a),
                                         the put right shall be exercisable only after the second (2nd) anniversary of the Completion
                                         Date and (ii) in the event of the occurrence of the circumstances set out in Clause 6.2.2(b)
                                         the put right shall be exercisable at any time before the second (2nd) anniversary of
                                         the Completion Date.



 


		6.2.4	The Investors shall have the right to require the Founders and the FounderCos, jointly and severally,
to purchase from the Investors all of the Put Shares for the Put Amount on or before the Put Date. An annual default interest rate
of 12% shall apply to the unpaid Put Amount due on the Put Date.



 


		6.2.5	The put right provided for under
                                         this Clause 6.2 shall be secured by a pledge of the Ordinary Shares held by the Controlling
                                         Shareholders pursuant to the Share Charge.






 


Save for the foregoing, all other terms
and conditions of the Agreement shall remain in full force and effect.


 






    	 



    	 



    




 


Furthermore, solely as and between the
Company and the Investors, the Company and the Investors hereby confirm their mutual intention and understanding that the provisions
of clause 4.7.1 of Schedule 8 to the subscription agreement dated 31 January 2014 and of article 4.7.1 of Exhibit A to the Articles
of Association are only intended to serve as general protection provisions for the Investors and such provisions shall only apply
if any Additional Shares (as defined therein) are issued at a value that is below their market value as measured by an independent
professional valuer (the appointment of which is subject to the consent of the Investors) and determined in accordance with International
Financial Reporting Standards, including International Accounting Standard 39.


 


The Parties agree that the terms of this
letter shall be effective as of 31 January 2014.


 


This letter shall be governed by the laws
of Hong Kong and any disputes arising hereunder shall be resolved in accordance with Clause 18 of the Agreement.


 




    	 



    	 



    

 


EXECUTED by the parties on the date
first written above:


 


Sonic Force Limited


 


/s/ Liu Jiang                                           


 


Name: Liu Jiang


Title: Director


 


Blink Milestones Limited


 


/s/ Liu Jiang                                          


 


Name: Liu Jiang


Title: Director


 





Liu Jiang


 


/s/ Liu Jiang                                          










 


Elite Vessels Limited


 


/s/ Zhang Rongming                            


 


Name: Zhang Rongming


Title: Director


 


Zhang Rongming


 


/s/ Zhang
Rongming                                   


 


Proper Macrocosm Limited


 


/s/Shen Dongri                                            


 


Name: Shen Dongri


Title: Director


 




    	 



    	 



    

 


Shen Dongri


 


/s/ Shen Dongri                                     


 


Iconic Ocean Limited


 


/s/ Bao Yueqiao                                     


 


Name: Bao Yueqiao


Title: Director


 


Bao Yueqiao


 


/s/ Bao Yueqiao                                     


 


Golden Liberator Limited


 


/s/ Long Qi                                              


 


Name: Long Qi


Title: Director


 


Long Qi


 


/s/ Long Qi                                             


 


Celestial Radiant Limited


 


/s/ Wu Lan                                            


 


Name: Wu Lan


Title: Director


 




    	 



    	 



    

 


Wu Lan


 


/s/ Wu Lan                                                   


 


Ourgame International Holdings Limited


 


/s/ Yang Eric Qing                                          


 


Name: Yang Eric Qing


Title: Director


 


Beijing Lianzhong Garden Network Technology
Co., Ltd.


 


/s/ Ng Kwok Leung                                           


 


Name: Ng Kwok Leung


Title: Director


 




    	 



    	 



    

 


北京联众互动网络股份有限公司


/s/ Li Jin                                    


 


Name: Li Jin


Title: Legal Representative


 




    	 



    	 



    

 


北京联众家园网络技术有限责任公司


 


/s/ Ng Kwok Leung                       


 


Name: Ng Kwok Leung


Title: Legal Representative 


 




    	 



    	 



    

CMC ACE HOLDINGS LIMITED


 


/s/ Li Huaiyu                                 


 


Name: Li Huaiyu


Title: Director


 




    	 



    	 



    

KONGZHONG CORPORATION


 


(Seal)                                                   


 


Name:


Title: