Exhibit 4.29
 SHARE SALE AND PURCHASE AGREEMENT
 by and among
 GigaMedia International Holdings Limited
 as Seller
 and
 Champion Limited
 as Buyer
and
 GigaMedia Limited
 as Guarantor
 Dated as of August 28, 2008




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PageARTICLE I TERMS AND DEFINITIONS
    
    
    1Section 1.1 Certain Defined Terms
    
    
    1Section 1.2 General Interpretation
    
    
    2ARTICLE II PURCHASE AND SALE
    
    
    2Section 2.1 Purchase and Sale of the Shares
    
    
    2Section 2.2 Purchase Price
    
    
    2ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER
    
    
    2Section 3.1 Representations and Warranties
    
    
    2Section 3.2 Limitation of Disclosed Materials
    
    
    3Section 3.3 Exclusivity of Representations and Warranties
    
    
    3ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER
    
    
    3Section 4.1 Buyers Representations and Warranties
    
    
    3ARTICLE V COVENANTS
    
    
    3Section 5.1 Business Operation Prior to the Closing
    
    
    3Section 5.2 Reasonable Efforts
    
    
    4Section 5.3 Notification of Certain Matters
    
    
    4Section 5.4 Access to Information
    
    
    5Section 5.5 Performance of the Contract
    
    
    5Section 5.6 Resignations
    
    
    5Section 5.7 Filings; Further Assurances
    
    
    5Section 5.8 Public Announcement
    
    
    6Section 5.9 Non-Competition.
    
    
    6Section 5.10 Confidentiality.
    
    
    6Section 5.11 Additional Agreements.
    
    
    7Section 5.12 Guarantee by Guarantor
    
    
    7ARTICLE VI CLOSING
    
    
    8Section 6.1 Closing
    
    
    8Section 6.2 Closing Deliverables
    
    
    8ARTICLE VII TERMINATION
    
    
    8Section 7.1 Termination
    
    
    8Section 7.2 Effect of Termination
    
    
    9
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PageARTICLE VIII INDEMNIFICATION
    
    
    9Section 8.1 Survival of Representations, Warranties and Covenants
    
    
    9Section 8.2 Indemnification by Seller
    
    
    9Section 8.3 Indemnification by Buyer
    
    
    10Section 8.4 Manner of and Limitation on Indemnification by Seller
    
    
    10Section 8.5 General Limits on Indemnification
    
    
    10Section 8.6 Exclusivity
    
    
    11ARTICLE IX GENERAL PROVISIONS
    
    
    11Section 9.1 Fees and Expenses
    
    
    11Section 9.2 Amendment and Modification
    
    
    12Section 9.3 Waiver
    
    
    12Section 9.4 Notices
    
    
    12Section 9.5 Entire Agreement
    
    
    13Section 9.6 No Third-Party Beneficiaries
    
    
    13Section 9.7 Governing Law
    
    
    13Section 9.8 Dispute Resolution
    
    
    14Section 9.9 Assignment; Successors
    
    
    14Section 9.10 Severability
    
    
    14Section 9.11 Counterparts
    
    
    15Section 9.12 No Presumption Against Drafting Party
    
    
    15
 
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ExhibitA
    
    Broadband Service Contract1.1
    
    Definition3.1(a)
    
    Disclosure Schedules3.1(b)
    
    Representations and Warranties of Seller4.1
    
    Representations and Warranties of Buyer5.1
    
    Business Operation Prior to the Closing5.9
    
    Non-Competition6.1
    
    Conditions Precedent to the Closing6.2(b)
    
    Sellers Closing Deliverables
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SHARE SALE AND PURCHASE AGREEMENT
 th Agreement
 Seller Buyer Guarantor
 Party Parties
  WHEREAS Company
 WHEREAS HGC Broadband Service Contract Exhibit A
 WHEREAS
   ARTICLE I
TERMS AND DEFINITIONS
 Certain Defined Terms
 Exhibit 1.1
  1




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General Interpretation
     ARTICLE II
PURCHASE AND SALE
 Purchase and Sale of the Shares
 Shares
 Purchase Price
 Purchase Price
  ARTICLE III
REPRESENTATIONS AND WARRANTIES
OF SELLER
 Representations and Warranties
  2




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Exhibit
3.1(b)
 Limitation of Disclosed Materials
 Exhibit 3.1(a)  Disclosure Schedules
  Exhibit
3.1(b)
 Exclusivity of Representations and Warranties
 Exhibit
3.1(b)
 ARTICLE IV
REPRESENTATIONS AND WARRANTIES
OF BUYER
 Buyers Representations and Warranties
 Exhibit 4.1
 ARTICLE V
COVENANTS
 Business Operation Prior to the Closing
 Exhibit 5.1
    3




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Reasonable Efforts
  Notification of Certain Matters
   4




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Exhibit
6.1
 Access to Information
 provided however
 Performance of the Contract
 Exhibit A
 Resignations
  Filings; Further Assurances
   5




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Public Announcement
 provided however
 Non-Competition.
 Exhibit 5.9
 Relevant Business
 Confidentiality.
 Confidential Information
  6




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Additional Agreements.
  Guarantee by Guarantor
 Guaranteed
Obligations
   7




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ARTICLE VI
CLOSING
 Closing
 Closing th Exhibit 6.1 Closing Date
 Closing Deliverables
  Exhibit 6.2(b)
 ARTICLE VII
TERMINATION
 Termination
      8




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Termination Date
   Effect of Termination
  ARTICLE VIII
INDEMNIFICATION
 Survival of Representations, Warranties and Covenants
 Survival
Period
  9




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Indemnification by Seller
 Buyer Indemnified
Parties Losses
   Indemnification by Buyer
 Seller Indemnified Parties
    Manner of and Limitation on Indemnification by Seller
  Basket Amount
 General Limits on Indemnification
   10




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Exclusivity
   ARTICLE IX
GENERAL PROVISIONS
 Fees and Expenses
   11




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Amendment and Modification
  Waiver
  Notices
  (a)
    
    if to Seller:GigaMedia International Holdings Limited
OMC Chambers, P.O. Box 3152, Road Town, Tortola, British Virgin Islands
Attention: General Counsel
Facsimile: 886-2-2656-8073with a copy (which shall not constitute notice) to:GigaMedia International Holdings Limited
OMC Chambers, P.O. Box 3152, Road Town, Tortola, British Virgin Islands
Attention: Executive Operating Officer
Facsimile: 886-2-2656-8090
  12




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(b)
    
    if to Buyer:Champion Limited
Unit 3904, K. Wah Center, 1010 Huai Hai Middle Road, Shanghai 200031, China
Attention: Brendan Tu
Facsimile: 86-21-5404-8996with a copy (which shall not constitute notice) to:China Network Systems Co., Ltd.
3F, 399, Recom Rd., Neihu District, Taipei City, Taiwan
Attention: Chief Legal Officer
Facsimile: 886-2-8751-8976(c)
    
    if to Guarantor:GigaMedia Limited
8th Floor, 207 Tiding Boulevard, Section 2, Taipei, Taiwan, R.O.C.
Attention: General Counsel
Facsimile: 886-2-2656-8073
 Entire Agreement
  No Third-Party Beneficiaries
  Governing Law
   13




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Dispute Resolution
 HKIAC Arbitration Rules HKIAC Procedures
  Assignment; Successors
  Severability
   14




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Counterparts
  No Presumption Against Drafting Party
    15




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GigaMedia International Holdings LimitedBy:Name:Title:Champion LimitedBy:Name:Title:GigaMedia LimitedBy:Name:Title:  16