##### 



Exhibit 4.45
  SHARE PURCHASE AGREEMENT
 CERTAIN SHAREHOLDERS
 (as listed in Exhibit A hereto)
 - and -
 GIGAMEDIA CHINA LIMITED
 January 17, 2007




---



##### 



SHARE PURCHASE AGREEMENT
 Agreement
 Certain shareholders of T2CN Holding Limited Company
 GIGAMEDIA CHINA LIMITED Purchaser
 Selling Shareholders Selling Shareholder
 WHEREAS
 Company
 Purchase
Shares
 NOW, THEREFORE
 SECTION 1 DEFINITIONS
  Domestic ICP Enterprise
 GIGAMEDIA
 1




---



##### 



Happy Digital
 MAA
 New Articles Existing
Shareholders
 New Shareholders Agreement
 Net Operating Income i ii
 November 25, 2006 Shareholders Agreement
 Ordinary Shares
 2




---



##### 



SECTION 2 AGREEMENT TO PURCHASE AND SALE
 Agreement to Purchase and Sale.
 Purchase Price. Purchase Price
     Payment of the Purchase Price.
 First Installment
 Second Installment
  3




---



##### 



SECTION 3 CLOSING; DELIVERY
 Closing Closing th Closing Date
 Delivery at the Closing
     SECTION 4 REPRESENTATIONS AND WARRANTIES OF THE SELLING SHAREHOLDERS
  4




---



##### 



Organization, Good Standing and Qualification.
 Capitalization.
 Ordinary Shares
 Preferred Shares
 Options, Warrants, Reserved Shares Liens
 Valid Issuance of Purchase Shares.
 Due Authorization Ancillary Agreements
 5




---



##### 



No Conflicts i ii iii
 Financial Statements. Financial Statements Balance Sheet Date
 Activities since Balance Sheet Date.
 Disclosure.
 SECTION 5 REPRESENTATIONS AND WARRANTIES OF THE PURCHASER
  6




---



##### 



Authorization
 No Conflicts; Consents and Approvals, etc i ii
 SECTION 6 ADDITIONAL COVENANTS
 Filing of the New Articles
 Operation in Ordinary Course.
 SECTION 7 CONDITIONS TO CLOSING BY PURCHASER
  Representations and Warranties True and Correct
 Performance of Obligations
 7




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##### 



New Articles
 Execution of New Shareholders Agreement
 Consents, Approvals and Waivers under the November 25, 2006 Shareholders
Agreement.
 No Material Adverse Change.
 Replacement of Directors.
 Successful Transfer of Local ICP Enterprise.
 Selling Shareholders Deliverables
 8




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##### 



SECTION 8 CONDITIONS TO PAYMENT OF SECOND INSTALLMENT
 Conditions to Payment.
 SECTION 9 TERMINATION
 Termination of Agreement
   Effect of Termination
 Survival
 SECTION 10 CONFIDENTIALITY
 Confidential Information.
 9




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##### 



Non-Disclosure.
   SECTION 11 MISCELLANEOUS
 Binding Effect; Assignment
 Governing Law
 Dispute Resolution
 10




---



##### 



Costs and Expenses
 Notices
   
  
 
 x y A B
 Counterparts
 11




---



##### 



[SIGNATURE PAGE FOLLOWS]
 12




---



##### 



(Signature Page)
  SELLING SHAREHOLDERS[Their names and signatures are set forth on the following pages]GIGAMEDIA CHINA LIMITEDBy:
    
    /s/ Arthur WangName: Arthur WangTitle: CEOAccepted and agreed as of the date first set forth above.T2CN Holding LimitedBy:
    
    /s/ Feng TaoName: ChairmanTitle: Feng Tao




---



##### 



(Signature Page)
  Authorized
    
    TitleName
    
    Party
    
    (applicable to a company)
    
    SignatureKyung W. Lee, Trustee
    
    
    
    
    
    /s/ Kyung W. Lee, TrusteeMartin S. Rood
    
    
    
    
    
    /s/ Martin S. RoodMon Szeto
    
    
    
    
    
    /s/ Mon SzetoBixbie Financial Corp.
    
    Allan Merteen
    
    President
    
    /s/ Allan MeiteenDeane Williams
    
    
    
    
    
    /s/ Deane WilliamsCaroline Farrell
    
    
    
    
    
    /s/ Caroline FarrellTROY EDWARD LEIGHTON
    
    
    
    
    
    /s/ Troy Edward LeightonKERRI LERELTON LEIGHTON
    
    
    
    
    
    /s/ Kerri Lerelton LeightonCalneva Financial Partners, Ltd.
    
    D. BRUCE HORTON
    
    Chief Financial Officer & Director
    
    /s/ D. BRUCE HORTONThe Calneva Financial Group Ltd.
    
    D. Bruce Horton
    
    Chief Financial Officer & Director
    
    /s/ D. Bruce HortonBruno Benedet
    
    
    
    
    
    /s/ Bruno BenedetD. BRUCE HORTON
    
    
    
    
    
    /s/ D. BRUCE HORTONBryan M. DEAR
    
    
    
    
    
    /s/ Bryan M. DEARMichelle Cote-Dear
    
    
    
    
    
    /s/ Michelle Cote-DearGUARDSMART LIMITED
    
    JUSTIN KWEI
    
    PRESIDENT
    
    /s/ Justin KweiJacqueline J. McClure
    
    
    
    
    
    /s/ Jacqueline J. McClureDR. KEITH LIM, INC.
    
    DR. KEITH LIM
    
    PRESIDENT
    
    /s/ DR. KEITH LIMT. Robert Horton
    
    
    
    
    
    /s/ T. Robert HortonBradley N. Scharfe
    
    
    
    
    
    /s/ Bradley N. ScharfeRICHARD DOUGLAS STEWART
    
    
    
    
    
    /s/ Richard Douglas Stewart622416 Alberta Ltd.
    
    PEG PECKHAM
    
    President
    
    /s/ Peg PeckhamGEORGH ROBERTSON
    
    
    
    
    
    /s/ Georgh RobertsonROBCAGC BARTON
    
    
    
    
    
    /s/ Robcagc BartonSteve Thackray
    
    
    
    
    
    /s/ Steve ThackrayDon MACSorley
    
    
    
    
    
    /s/ Don MacSorleyJAMES BARTON
    
    
    
    
    
    /s/ James BartonRonnie Steiner Travel Tours Inc.
    
    Ron Steiner
    
    President
    
    /s/ Ron SteinerThe MacLachlan Investments
Corporation
    
    PETER M. BROWN
    
    PRESIDENT
    
    /s/ Peter M. BrownROM M. JONES LTD.
    
    ROM M. JONES
    
    PRESIDENT
    
    /s/ Rom M. JonesJASON SCHARFE
    
    
    
    
    
    /s/ JASON SCHARFEGUY PECKHAM
    
    
    
    
    
    /s/ Guy PeckhamDaryl Turner
    
    
    
    
    
    /s/ Daryl TurnerERIC K. STEWART
    
    
    
    
    
    /s/ Eric K. StewartVERONA CAPITAL INTERNATIONAL
    
    PHILIPPE MAST
    
    DIRECTOR
    
    /s/ Philippe MastMATRIX PARTNERS INC
    
    KEITH A. EBERIT
    
    PARTNER
    
    /s/ Keith A. EberitHUGH COOPER
    
    
    
    
    
    /s/ Hugh CooperLEONARD CLOUGH
    
    
    
    
    
    /s/ Leonard CloughK C GLOBAL HOLDINGS INC.
    
    KEN CARTER
    
    DIRECTOR
    
    /s/ Ken CarterK C GLOBAL HOLDINGS INC.
    
    Kimberly Sulatyski
    
    PRESIDENT & DIRECTOR
    
    /s/ Kimberly SulatyskiR.J. LABONTE & CO. LTD
    
    REG LABONTE
    
    PRESIDENT & DIRECTOR
    
    /s/ Reg LabonteRICK GRIFFITHS
    
    
    
    
    
    /s/ RICK GRIFFITHSJEFFREY SHEAR
    
    
    
    
    
    /s/ Jeffrey ShearMICHAEL SHEAR
    
    
    
    
    
    /s/ Michael ShearWally Marcolin
    
    
    
    
    
    /s/ Wally MarcolinBrad Shackman
    
    
    
    
    
    /s/ Brad ShackmanRichard Jeffrey
    
    
    
    
    
    /s/ Richard JeffreyDavid L. Dreyer
    
    
    
    
    
    /s/ David L. DreyerBrendan G. Murray
    
    
    
    
    
    /s/ Brendan G. MurrayGraham Watson
    
    
    
    
    
    /s/ Graham WatsonDean Roosdahl
    
    
    
    
    
    /s/ Dean RoosdahlRocky Paolo
    
    
    
    
    
    /s/ Rocky PaoloJohn Michael Keegan
    
    
    
    
    
    /s/ John Michael KeeganERNEST S. POUNDER
    
    
    
    
    
    /s/ Ernest S. PounderTerry Bonnes Chranz
    
    
    
    
    
    /s/ Terry Bonnes ChranzBRENDA LEIGHTON
    
    
    
    
    
    /s/ Brenda LeightonHAROLD LEIGHTON
    
    
    
    
    
    /s/ Harold LeightonMARVIN KRISTOFF
    
    
    
    
    
    /s/ Marvin KristoffJOHN MICHAEL KEEGAN
    
    
    
    
    
    /s/ John Michael KeeganREMO POMPONIO
    
    
    
    
    
    /s/ Remo PomponioCALVIN THOMPSON
    
    
    
    
    
    /s/ Calvin ThompsonConrad Lacker
    
    
    
    
    
    /s/ Conrad LackerRobert Sali
    
    
    
    
    
    /s/ Robert SaliROBERT J. CHARLETON
    
    
    
    
    
    /s/ Robert J. CharletonBYRON HAMPTON
    
    
    
    
    
    /s/ Byron HamptonJETCO HOLDINGS LTD.
    
    KEITH BURANT
    
    DIRECTOR
    
    /s/ Keith BurantMichael R. Muzos
    
    
    
    
    
    /s/ Michael R. MuzosJAMES PALEOLOGOS
    
    
    
    
    
    /s/ James PaleologosEvan S. Ho
    
    
    
    
    
    /s/ Evan S. HoELLIOTT LIPSEY
    
    
    
    INVESTOR
    
    /s/ ELLIOTT LIPSEYWinton Capital Holdings Ltd.
    
    Andrew Meode
    
    Director
    
    /s/ Andrew MeodeDR. BRANDT MILES INC.
    
    BRANDT MILES
    
    PRESIDENT & DIRECTOR
    
    /s/ BRANDT MILESGERALD B. CAUL
    
    
    
    
    
    /s/ Gerald B. CaulBeltring Limited
    
    Robert Simth
    
    Director
    
    /s/ Robert SimthKathleen Wright
    
    KW
    
    
    
    /s/ KWUnited Triumph Inc.
    
    
    
    
    
    /s/ United Triumph Inc.SHEAR HOLDINGS LIMITED
    
    
    
    
    
    /s/ Shear Holdings LimitedHAMPTON ASSOCIATES LIMITED
    
    
    
    
    
    /s/ Hampton Associates LimitedValeurs Mobilieres Desjardins Inc.
ITF ROXY AND BEAR INVESTMENT
    
    
    
    
    
    /s/ Valeurs Mobilieres Desjardins Inc.
ITF ROXY AND BEAR INVESTMENTCancettina Amante
    
    
    
    
    
    /s/ Canie AmanteRosa Marie Amante
    
    
    
    
    
    /s/ Rosa Marie AmanteEastside Pinnacle LLC
    
    
    
    
    
    /s/ Eastside Pinnacle LLC




---



##### 



Exhibit A
 Ordinary
    
    Shareholding
    
    First InstallmentName of Selling Shareholders
    
    Shares
    
    Percentage
    
    in US$BRYAN M. DEAR
    
    
    700,002
    
    
    
    1.251
    %
    
    
    437,501MICHELLE COTE-DEAR
    
    
    200,000
    
    
    
    0.357
    %
    
    
    125,000GUARDSMART LIMITED
    
    
    200,000
    
    
    
    0.357
    %
    
    
    125,000JACQUELINE J. McCLURE
    
    
    300,000
    
    
    
    0.536
    %
    
    
    187,500KEITH LIM INC.
    
    
    100,000
    
    
    
    0.179
    %
    
    
    62,500D. BRUCE HORTON
    
    
    850,000
    
    
    
    1.519
    %
    
    
    531,250T. ROBERT HORTON
    
    
    150,000
    
    
    
    0.268
    %
    
    
    93,750BRADLEY N. SCHARFE
    
    
    850,000
    
    
    
    1.519
    %
    
    
    531,250JASON SCHARFE
    
    
    49,999
    
    
    
    0.089
    %
    
    
    31,249GUY PECKHAM
    
    
    500,000
    
    
    
    0.894
    %
    
    
    312,500BELTRING LIMITED
    
    
    300,000
    
    
    
    0.536
    %
    
    
    187,500CALNEVA FINANCIAL PARTNERS, LTD.
    
    
    40,000
    
    
    
    0.071
    %
    
    
    25,000THE CALNEVA FINANCIAL GROUP, LTD.
    
    
    242,497
    
    
    
    0.433
    %
    
    
    151,561HAMPTON ASSOCIATES LIMITED
    
    
    500,000
    
    
    
    0.894
    %
    
    
    312,500JETCO HOLDINGS LTD.
    
    
    300,000
    
    
    
    0.536
    %
    
    
    187,500RICHARD DOUGLAS STEWART
    
    
    100,000
    
    
    
    0.179
    %
    
    
    62,500622416 ALBERTA LTD.
    
    
    28,000
    
    
    
    0.050
    %
    
    
    17,500GEORGE C. ROBERTSON
    
    
    65,000
    
    
    
    0.116
    %
    
    
    40,625ROBERT C. BARTON
    
    
    100,000
    
    
    
    0.179
    %
    
    
    62,500STEVE THACKRAY
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250DONALD R. MACSORLEY
    
    
    26,667
    
    
    
    0.048
    %
    
    
    16,667JAMES S. BARTON
    
    
    100,000
    
    
    
    0.179
    %
    
    
    62,500RONNIE STEINER TRAVEL TOURS INC.
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250THE MACLACHLAN INVESTMENTS
CORPORATION
    
    
    133,333
    
    
    
    0.238
    %
    
    
    83,333RON JONES LTD.
    
    
    50,000
    
    
    
    0.089
    %
    
    
    31,250JOHN MICHAEL KEEGAN
    
    
    15,000
    
    
    
    0.027
    %
    
    
    9,375BRUNO BENEDET JR.
    
    
    40,000
    
    
    
    0.071
    %
    
    
    25,000DARYL TURNER
    
    
    40,000
    
    
    
    0.071
    %
    
    
    25,000ELLIOTT J. LIPSEY
    
    
    33,333
    
    
    
    0.060
    %
    
    
    20,833ERIC K. STEWART
    
    
    6,666
    
    
    
    0.012
    %
    
    
    4,166VERONA CAPITAL INTERNATIONAL
    
    
    66,667
    
    
    
    0.119
    %
    
    
    41,667MATRIX PARTNERS, INC.
    
    
    133,333
    
    
    
    0.238
    %
    
    
    83,333HUGH COOPER
    
    
    66,667
    
    
    
    0.119
    %
    
    
    41,667LEONARD CLOUGH
    
    
    28,533
    
    
    
    0.051
    %
    
    
    17,833KYUNG W. LEE, TRUSTEE
    
    
    20,000
    
    
    
    0.036
    %
    
    
    12,500




---



##### 



Ordinary
    
    Shareholding
    
    First InstallmentName of Selling Shareholders
    
    Shares
    
    Percentage
    
    in US$EASTSIDE PINNACLE, LLC
    
    
    26,667
    
    
    
    0.048
    %
    
    
    16,667MICHEAL R. MUZOS
    
    
    6,000
    
    
    
    0.011
    %
    
    
    3,750MARTIN S. ROOD
    
    
    20,000
    
    
    
    0.036
    %
    
    
    12,500MON SZETO
    
    
    6,000
    
    
    
    0.011
    %
    
    
    3,750KATHLEEN WRIGHT
    
    
    6,667
    
    
    
    0.012
    %
    
    
    4,167KATHLEEN WRIGHT ROTH IRA
    
    
    6,667
    
    
    
    0.012
    %
    
    
    4,167KC GLOBAL HOLDINGS INC.
    
    
    53,333
    
    
    
    0.095
    %
    
    
    33,333ROBERT J. CHARLETON
    
    
    50,000
    
    
    
    0.089
    %
    
    
    31,250DR. BRANDT MILES INC.
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250R.J. LABONTE & CO. LTD.
    
    
    12,000
    
    
    
    0.021
    %
    
    
    7,500UNITED TRIUMP INC.
    
    
    53,334
    
    
    
    0.095
    %
    
    
    33,334DEAN WILLIAMS
    
    
    26,667
    
    
    
    0.048
    %
    
    
    16,667RICK GRIFFITHS
    
    
    13,333
    
    
    
    0.024
    %
    
    
    8,333JAMES PALEOLOGOS
    
    
    80,000
    
    
    
    0.143
    %
    
    
    50,000VALEURS MOBILIERES DEJARDINS
INC. ITF ROXY AND BEAR
INVESTMENT
    
    
    200,000
    
    
    
    0.357
    %
    
    
    125,000JEFFREY SHEAR
    
    
    366,667
    
    
    
    0.655
    %
    
    
    229,167MICHAEL SHEAR
    
    
    166,667
    
    
    
    0.298
    %
    
    
    104,167SHEAR HOLDINGS LIMITED
    
    
    133,334
    
    
    
    0.238
    %
    
    
    83,334BIXBIE FINANCIAL CORP.
    
    
    267,000
    
    
    
    0.477
    %
    
    
    166,875WALLY MARCOLIN
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250BRAD SHACKMAN
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250RICHARD JEFFREY
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250WINTON CAPITAL HOLDINGS LTD.
    
    
    250,000
    
    
    
    0.447
    %
    
    
    156,250DAVID L. DREYER
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250BRENDAN G. MURRAY
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250EVAN S. HO
    
    
    10,000
    
    
    
    0.018
    %
    
    
    6,250GRAHAM WATSON
    
    
    15,000
    
    
    
    0.027
    %
    
    
    9,375DEAN ROOSDAHL
    
    
    15,000
    
    
    
    0.027
    %
    
    
    9,375OCKY J. PAOLO
    
    
    25,000
    
    
    
    0.045
    %
    
    
    15,625JOHN MICHAEL KEEGAN
    
    
    13,334
    
    
    
    0.024
    %
    
    
    8,334ERNEST S. POUNDER
    
    
    13,334
    
    
    
    0.024
    %
    
    
    8,334TERRY BONNESCHRANZ
    
    
    1,000
    
    
    
    0.002
    %
    
    
    625BRENDA LEIGHTON
    
    
    2,500
    
    
    
    0.004
    %
    
    
    1,563HAROLD LEIGHTON
    
    
    2,500
    
    
    
    0.004
    %
    
    
    1,563MARVIN D. KRISTOFF
    
    
    500
    
    
    
    0.001
    %
    
    
    313CAROLINE FARRELL
    
    
    1,000
    
    
    
    0.002
    %
    
    
    625TROY LEIGHTON
    
    
    1,000
    
    
    
    0.002
    %
    
    
    625KERRI LEIGHTON
    
    
    1,000
    
    
    
    0.002
    %
    
    
    625CONCETTINA AMANTE
    
    
    1,700
    
    
    
    0.003
    %
    
    
    1,063ROSA MARIE AMANTE
    
    
    500
    
    
    
    0.001
    %
    
    
    313




---



##### 



Ordinary
    
    Shareholding
    
    First InstallmentName of Selling Shareholders
    
    Shares
    
    Percentage
    
    in US$REMO POMPONIO
    
    
    500
    
    
    
    0.001
    %
    
    
    313CALVIN THOMPSON
    
    
    1,500
    
    
    
    0.003
    %
    
    
    938CONRAD LACKER
    
    
    1,000
    
    
    
    0.002
    %
    
    
    625GERRY CAUL
    
    
    5,000
    
    
    
    0.009
    %
    
    
    3,125DUNDEE SECURITIES CORP. IN TRUST
FOR ROBERT SALI
    
    
    35,000
    
    
    
    0.063
    %
    
    
    21,875BYRON HAMPTON
    
    
    1,000
    
    
    
    0.002
    %
    
    
    625TOTAL
    
    
    8,307,401
    
    
    
    14.85
    %
    
    
    5,192,130




---



##### 



Exhibit B
Financial Statements