TRANSLATION
 Confidential
 EXCLUSIVE TECHNICAL SERVICE AND
 CONSULTANCY AGREEMENT
  SHANGHAI T2 ENTERTAINMENT CO., LTD.
  T2CN INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
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EXCLUSIVE TECHNICAL SERVICE AND CONSULTANCY AGREEMENT
 Agreement PRC
 (1)
    
    Shanghai T2 Entertainment Co., Ltd., located at 11F, 418, Gui Ping Road, Shanghai, with Wang
Chi as the legal representative (hereinafter called T2E).(2)
    
    T2CN Information Technology (Shanghai) Co., Ltd., located at 12F, 418, Gui Ping Road,
Shanghai, with Deng Ruen-Zeh as the legal representative (hereinafter called T2CN)
  RECITALS
 WHEREAS,
 WHEREAS
 WHEREAS,
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1.
    
    Definitions1.1
    
    In this Agreement, the following terms have the following meanings unless otherwise required
by the context:Annual Business Planmeans the business development plan and budget report for the next
calendar year prepared by T2E, with the assistance from T2CN, before 30 November each year
in accordance with this Agreement.Customer Datashall have the same meaning as denoted by Clause 6.1 of this Agreement.Confidential Informationshall have the same meaning as denoted by Clause 6.2 of this
Agreement.Defaulting Partyshall have the same meaning as denoted by Clause 11.1 of this Agreement.Event of Defaultshall have the same meaning as denoted by Clause 11.1 of this Agreement.Equipmentmeans every and all pieces of equipment owned or purchased by T2CN from time to
time, and used for the purposes of service providing.Non-Defaulting Partyshall have the same meaning as denoted by Clause 11.1 of this
Agreement.T2Es Businessmeans any and all business operated and developed by T2E currently or at
any time during the term of this Agreement.Receiving Partyshall have the same meaning as denoted by Clause 6.2 of this Agreement.Rightsshall have the same meaning as denoted by Clause 13.5 of this Agreement.
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Servicesmeans the software licensing, technical support, technology consultancy,
technical training and other services to be exclusively supplied by T2CNs in relation to
T2Es Business, including but not limited to:
 (i)
    
    licensing to T2E to use software required for its business;(ii)
    
    information technology total solutions required by T2Es Business;(iii)
    
    daily management, maintenance and update of hardware equipment and database;(iv)
    
    development, maintenance and update of relevant application software;(v)
    
    training of professional technical staff for T2E;(vi)
    
    assistance with collection, survey and research of relevant technology
information;(vii)
    
    such other technical and consultancy services as required by T2E from time
to time, to the extent permitted by PRC laws.
 Service Feemeans all fees and expenses payable by T2E to T2CN for the Services
supplied by T2CN pursuant to Clause 3 of this Agreement.Operating Incomemeans the revenues generated from T2Es Business as recorded under
the item of main business revenues on T2Es balance sheets according to PRC accounting
principles in any calendar year throughout the duration of this Agreement.Yearmeans a calendar year from January 1 to December 31.1.2
    
    In this Agreement, reference to any of the laws and regulations (Laws) shall be deemed as
including:
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(i)
    
    any amendment, modification, supplement or replacement of the referenced PRC
Law, irrespective of whether it becomes effective prior to or subsequent to the date of
this Agreement; and(ii)
    
    any other rulings, notices or statutory rules made in accordance with, or
otherwise effected by virtue of, the referenced PRC Law.
 1.3
    
    In this Agreement, reference to the number of the Clauses, Sub-clauses, Paragraphs, or
Sub-paragraphs shall denote the corresponding text, unless otherwise required by the context.2.
    
    Services2.1
    
    To further develop T2Es Business, T2E requires, and T2CN agree to supply, the Services. As
such, T2E appoints T2CN as its exclusive supplier of software licensing and technical
services. T2CN shall supply T2E the Services as defined hereunder exclusively. T2CN agrees
to accept such appointment.2.2
    
    T2CN shall supply the Services to T2E according to the terms and conditions of this
Agreement. T2E shall, to the fullest extent, facilitate the supply of the Services by T2CN.3.
    
    Service Fee3.1
    
    T2E agrees to pay the Service Fee to T2CN for the Services supplied by T2CN under Clause 2 of
this Agreement. For the period from 1 October, 2006 to 31 December, 2007, the Services Fee
will be an amount equal to 25% of T2Es Operating Income in aggregate. From 2008, the Parties
shall adjust and confirm in writing the rate(s) for the Service Fee.3.2
    
    It is agreed that T2E shall pay the Service Fee as follows:
 (i)
    
    T2E shall pay T2CN the Service Fee by quarter. By 10 January, 10 April, 10
July and 10 October of each year, T2E shall pay T2CN the Service Fee for the preceding
3 months. T2E shall, by
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10 January, 2007, pay the Service Fee for the period from 1 October, 2006 to 31
December, 2006.(ii)
    
    The Parties shall, after the end of T2Es fiscal year, conduct the
computation of the Service Fee payable by T2E on the basis of total Operating Income
for the previous Year as certified by the audit report issued by the PRC CPA
acknowledged by both Parties, and shall, within 15 days after the issue of the audit
report, make the adjustment (refund of any surplus payment or additional payment for
deficiency). T2E undertakes to T2CN that it will provide the PRC CPA concerned all
necessary information and assistance, and cause it to issue the audit report for the
previous Year to T2E and T2CN within 30 working days after the end of each Year.
 3.3
    
    T2E shall pay all the Service Fee, in accordance with this Clause 3, to the bank account
designated by T2CN by telegraphic transfer. T2CN shall issue written notice to T2E 7 working
days in advance of any change to the bank account.3.4
    
    It is agreed that the Parties shall execute a supplementary agreement (in the same form as
set out in Appendix 1) every year since 2008, to confirm specifically the calculation formula
of the amount of the Service Fee payable by T2E for that Year to T2CN under Clause 3.1 of this
Agreement. The Parties shall negotiate and conclude the supplementary agreement 1 month
before the beginning of the Year in question.3.5
    
    If, throughout the duration of this Agreement, T2CN provides services not covered by this
Agreement at T2Es request, the Parties agree to handle this matter by cooperation in a manner
stipulated in this Agreement or, failing which, a manner most akin to a manner stipulated in
this Agreement. The Parties shall, in such a case, make corresponding adjustment in writing
to the calculation of the Service Fee under Clause 3 of this Agreement.4.
    
    T2Es Obligations
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4.1
    
    The Services are of an exclusive nature. Throughout the duration of this Agreement, T2E
shall not, without prior written consent from T2CN, enter into any agreement with a third
party for the supply by that third party of any services identical or similar to the Services
as T2CNs.4.2
    
    T2E shall provide T2CN with its final Business Plan for the following Year before 30 November
every year, for T2CN to arrange the corresponding service plan, and to develop and purchase
the required software, Equipment and technical service capacity. Where T2E requires T2CN to
purchase any unplanned new Equipment, it shall negotiate with T2CN 15 days in advance in order
to reach consensus.4.3
    
    T2E shall, at T2CNs request, provide information precisely and punctually, as required by
T2CN to facilitate its supply of the Services.4.4
    
    T2E shall pay T2CN the Service Fee in full on time pursuant to Clause 3 of this Agreement.4.5
    
    T2E shall maintain its goodwill, aggressively promote its business, and maximize the
revenues.4.6
    
    It is acknowledged that the registered shareholders of T2E as of the date of this Agreement
(Existing Shareholders) have entered into the Agreement for Pledge of Shareholding with T2CN
dated 15 November, 2006, whereby each of the Existing Shareholders has pledged its
shareholding in T2E in favour of T2CN, as security for the performance of the obligations
under this Agreement by T2E.5.
    
    Intellectual Property Rights5.1
    
    T2CN acquires the ownership of any intellectual property rights of the work created or
developed during the course of the supply of the Services by T2CN, except where:
 (i)
    
    the intellectual property right in question is owned by a third party, and
T2E or T2CN may use the same through licensing or other legitimate means; or
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(ii)
    
    the Parties enter into a written agreement.
 6.
    
    Confidentiality6.1
    
    Throughout the duration of this Agreement, the Parties co-own any and all customer data and
other information in respect to T2Es Business or the Services (Customer Data).6.2
    
    Irrespective of whether this Agreement is terminated, the Parties shall keep in strict
confidence the trade secrets or proprietary information of the other party obtained through
the performance of this Agreement, the co-owned Customer Data, and any non-public information
of the other party (Confidential Information). The Party which receives the Confidential
Information (Receiving Party) shall not disclose the same or any part of it to a third
party, except where it obtains prior written consent from the other Party, or it is required
to do so by the Laws, regulations or the rules of the related stock exchange institute. The
Receiving Party shall not use directly or indirectly the Confidential Information or any part
thereof otherwise than for the performance of the Agreement.6.3
    
    The following information is not considered Confidential Information:
 (a)
    
    information previously known by the Receiving Party as demonstrated by
written proof;(b)
    
    information that comes to the public domain through no fault on the part of
the Receiving Party, or becomes publicly known for another reason; or(c)
    
    information acquired by the Receiving Party through other legitimate means.
 6.4
    
    The Receiving Party may disclose the Confidential Information to its relevant employees,
agents or professional personnel it employs, and shall ensure that the persons listed above
are bound by this Agreement so as to maintain the confidential state of the Confidential
Information, and the use of the Confidential Information solely for the purposes of
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the performance of this Agreement.7.
    
    Representation and Warranty7.1
    
    T2E hereby represents, warrants and undertakes as follows:
 7.1.1
    
    It was duly incorporated and is legally existing as a limited liability
company under the laws of the place where it was registered, is an independent
juristic person, and has complete and independent legal status and legal capacity to
enter into, deliver and perform this Agreement, and may act independently as a party
to legal proceedings.7.1.2
    
    It possesses full powers and authorization to enter into and deliver this
Agreement, and any other documents it is to sign in relation to the transaction
contemplated under this Agreement, and to execute the transaction contemplated under
this Agreement. This Agreement is duly signed and delivered and constitutes a legal
and binding commitment by T2E, which may be enforced through compulsory execution
proceedings.7.1.3
    
    It shall, within 15 working days after the end of each quarter, provide T2CN
with the quarterly financial statements and the budget for the next quarter, and,
within 30 working days after the end of each Year, provide T2CN with the annual
financial statements and the budget for the next year.7.1.4
    
    It shall timely notify T2CN of its involvement in any legal proceedings and
other adverse circumstances, and mitigate the losses with its best endeavours.7.1.5
    
    It shall not, without written consent from T2CN, dispose any of its material
assets in any manner, nor shall it change its current shareholders structure.7.1.6
    
    It shall not cause conclusion of any transaction which may materially affect its
assets, responsibilities, business operation, shareholders structure, shareholding in
third party companies, or
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any other legitimate rights (except for those concluded in the normal course of
business, or already disclosed to T2CN with T2CNs written approval).
 7.2
    
    T2CN hereby represents and warrants as follows:
 7.2.1
    
    It was duly incorporated and is legally existing as a limited liability
company under the laws of the place where it was registered, is an independent
juristic person, and has complete and independent legal status and legal capacity to
enter into, deliver and perform this Agreement, and may act independently as a party
to legal proceedings.7.2.2
    
    It possesses full powers and authorization to enter into and deliver this
Agreement, and any other documents it is to sign in relation to the transaction
contemplated under this Agreement, and to execute the transaction contemplated under
this Agreement. This Agreement is duly signed and delivered and constitutes a legal
and binding commitment by T2CN, which may be enforced through compulsory execution
proceedings.
 8.
    
    Term8.1
    
    The Parties hereby acknowledge that this Agreement becomes effective after duly execution by
both Parties, with retroactive effect from 1 October, 2006. The term of this Agreement shall
expire on 30 September, 2024, unless terminated earlier through written agreement by the
Parties.8.2
    
    The Parties shall adhere to their obligations under Clause 6 of this Agreement after the
termination of this Agreement. The termination of this Agreement will not discharge T2E from
its obligation to pay any outstanding amount of the Service Fee under Clause 3 of this
Agreement.9.
    
    Indemnification
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10.
    
    Notices10.1
    
    Any notices, requests, demands or other communications required by or issued pursuant to this
Agreement shall be delivered in writing to the Party concerned.10.2
    
    All notices or other communications given hereunder shall be considered to be given and
received at the time of: dispatch when sent by facsimile transmission; hand-over when hand
delivered; or 5 days after deposit in the mails when sent by post.11.
    
    Default11.1
    
    The Parties agree and acknowledge that any material breach of, or material failure to
perform, an obligation under this Agreement by a Party (Defaulting Party) will constitute an
event of default (Event of Default), and that the other Party (Non-defaulting Party) may
require the Defaulting Party to rectify the same or to take remedial measures. Where the
Defaulting Party fails to do so within a reasonable period of time or 10 days after receipt of
written notice and demand for rectification from the Non-defaulting Party, the Non-defaulting
Party may choose to:
 (i)
    
    terminate this Agreement and claim damages in full from the Defaulting Party; or(ii)
    
    require the Defaulting Party to continue performing its obligations under this
Agreement and claim damages in full from it.
 11.2
    
    Notwithstanding any other provisions of this Agreement, the validity of this Clause 11 shall
survive the expiry or termination of this Agreement.
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12.
    
    Force Majeure
  13.
    
    Miscellaneous13.1
    
    This Agreement is made in Chinese and executed in duplicate copies, with one copy to be held
by each Party.13.2
    
    The formation, effectiveness, performance, amendment, interpretation, and termination of this
Agreement shall be governed by the PRC Laws.13.3
    
    Any dispute arising out of or in connection with this Agreement shall be resolved through
negotiation by the Parties. Where the Parties fail to reach consensus within 30 days after
the dispute arises, the dispute shall be referred to the Shanghai Sub-commission of China
International Economic and Trade Arbitration Commission (CIETAC), for arbitration to be
conducted in Shanghai in accordance with CIETAC arbitration rules. The arbitral award will be
final and binding on the Parties.13.4
    
    Any right, privilege, or remedy granted hereunder to a Party does not preclude the other
rights, privileges or remedies the Party may be
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entitled to under the laws or other provisions of this Agreement. The exercise of a right,
privilege or remedy does not bar the Party from exercising any other rights, privileges or
remedies the Party may be entitled to.13.5
    
    Failure or delay by a Party in the exercise of a right, privilege or remedy it may have under
the laws or this Agreement (Rights) shall not be construed as a waiver. Any waiver of one
or more of the Rights does not preclude the exercise of the Rights in another manner or the
exercise of the other Rights.13.6
    
    The headings in this Agreement are for purposes of convenience and ease of reference only and
shall not be construed to limit or otherwise affect the meaning of any part of this Agreement.13.7
    
    The Agreement supersedes and replaces any other previous written or oral agreements concluded
by the Parties in respect of the subject matter hereof, and constitutes the entire agreement
between the Parties.13.8
    
    Under this Agreement, each clause is severable and independent from the others. If any
provision of this Agreement is held to be invalid, unlawful or unenforceable, the validity,
legitimacy and enforceability of the remaining provisions of this Agreement shall remain
intact.13.9
    
    Any amendment or supplement to this Agreement shall be made in writing, and become effective
only until duly signed by both Parties.13.10
    
    T2CN shall not assign its rights and/or obligations under this Agreement to any third party
without prior written consent from T2E. T2E may, to the extent permitted by PRC Laws, assign
its rights and/or obligations under this Agreement to any third party with written notice to
T2CN.13.11
    
    This Agreement is binding on any lawful successor(s) of each Party.13.12
    
    Each of the Parties undertakes to file and pay taxes in connection with the transaction
contemplated under this Agreement in accordance with the law.
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T2E
Shanghai T2 Entertainment Co., Ltd.By:
    /s/ Ji WangName:
    Ji WangTitle:
    Authorized RepresentativeT2CN
T2CN Information Technology (Shanghai) Co., Ltd.By:
    /s/ Guo Jun WeiName:
    Guo Jun WeiTitle:
    Authorized Representative 14




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APPENDIX 1  FORM OF SUPPLEMENTARY AGREEMENT
 Supplementary Agreement PRC
 (1)
    
    Shanghai T2 Entertainment Co., Ltd., located at 12F, 418, Gui Ping Road, Shanghai, with Wang
Chi as the legal representative (hereinafter called T2E).(2)
    
    T2CN Information Technology (Shanghai) Co., Ltd., located at 12F, 418, Gui Ping Road,
Shanghai, with Deng Ruen-Zeh as the legal representative (hereinafter called T2CN)
    
 Shanghai T2
Entertainment Co., Ltd.
    
    
    .
    
    
    T2CN Information Technology
(Shanghai) Co., Ltd.Signed by:
    
    
    
    
    
    
    
    Signed by:Name:
    
    
    
    
    
    
    
    Name:Title:     Authorised Representative
    
    
    
    
    
    
    
   Title:     Authorised Representative
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