Waiver of and Agreement to Terminate Certain Provisions



 Exhibit 4.14 
 Longtop Financial Technologies Limited 
 Waiver of and Agreement to Terminate Certain Provisions of
Subscription Agreement 
 Longtop Financial Technologies Limited 
 15/F Block A 
 Chuangxin Building 
 Software Park

 Xiamen, People’s Republic of China 
 Attention: Jia Xiao
Gong, Chairman and Lian Wei Zhou, Chief Executive Officer 
 Gentlemen: 
 We refer to a certain Subscription and Shareholders Agreement relating to Longtop Financial Technologies Limited (f/k/a Latest New Technology Limited), dated as of November 5, 2004, among Cathay ITFinancial
Services Limited, Cathay Capital Holdings, L.P. (Cathay ITFinancial Services Limited and Cathay Capital Holdings, L.P., together, “Cathay”), Longtop Financial Technologies Limited, and the other persons and entities named as parties
thereto (as the same may be amended from time to time, the “Subscription Agreement”). As used in this letter agreement, the term the “Company” will mean Longtop Financial Technologies Limited or a corporate
successor to the Company incorporated in the Cayman Islands or another jurisdiction approved by Longtop Financial Technologies Limited’s Board of Directors and shareholders. 
 In order to assist the Company in its preparation for and expected completion of an initial public offering as provided in Section 10.4 of the
Subscription Agreement, Cathay, the other parties to the Subscription Agreement, and the other persons and entities who are shareholders of the Company, and have affixed their signatures hereto, agree as follows: 
 1. Effective upon the completion by the Company of a Qualified Initial Public Offering, the provisions of the Subscription Agreement described in
paragraphs 1.1 through 1.7 below will be terminated, automatically and without further action of the parties to Subscription Agreement or the signatories of this letter agreement. The parties are aware that certain of such provisions may previously
have been, or on the date hereof or between the date hereof to the date of the Company’s completion of a Qualified Initial Public Offering are being or may be, terminated, amended, or waived. No such termination, amendment, or waiver will
affect the final termination of any such provision pursuant to this letter agreement. “Qualified Initial Public Offering” as used in this letter agreement will mean the Company’s first firm commitment underwritten public offering of
ordinary shares, completed on or prior to December 31, 2007, pursuant to an effective registration statement under the United States Securities Act of 1933, resulting in a listing on the New York Stock Exchange or NASDAQ, approved by the
Company’s Board of Directors including Cathay’s designee to such Board. 
 1.1 Section 7.2 (“Bank Account
Signatories”) will be terminated in its entirety. 
 1.2 Section 7.3(f), which contains a prohibition on the Company’s making
loans to “Guarantors,” “Bloomwell”, or any member 








 
of management of the “Group” (each of such capitalized terms being defined in the Subscription Agreement), will be terminated in its entirety. In
effecting such termination, the signatories to this letter agreement are cognizant of the fact that, notwithstanding the termination of Section 7.3(f) of the Subscription Agreement effective upon the completion of a Qualified Public Offering,
personal loans made by the Company to members of the Board of the Directors and executive officers of the Company generally will be prohibited, as a result of such public offering, by the United States Sarbanes-Oxley Act of 2002. 
 1.3 Section 7.5 (“Dividend Payment”) will be terminated in its entirety. 
 1.4 Article VIII (“Transfers of Shares or Other Equity Interests”) will be terminated in its entirety. 
 1.5 Article IX (“Directors, Officers, Shareholder Voting”) will be terminated in its entirety. 
 1.6 Article X (“Management, Confidentiality and Capital Event”) will be terminated in its entirety. 
 1.7 Article XI (“Covenant to Devote and Covenant Not to Compete”) will be terminated in its entirety; provided, that prior to the completion of
the Qualified IPO the Company will enter into suitable agreements with each of Jia Xiao Gong and Lian Wei Zhou providing that they will devote substantially all of their working time and attention to, will not compete with the Company, and will not
solicit employees of the Company to leave the Company’s employ to join another enterprise. 
 2. The provisions of Section 10.5
(“Employee Stock Ownership Program”) are hereby waived with respect to (a) all issuances and grants of, and rights to acquire, ordinary shares of the Company prior to the date hereof and (b) provided such issuances or grants have
been approved by the Company’s Board of Directors including Cathay’s designee to the Board of Directors, all future such issuances and grants. 
 3. Except as provided above (and as amended by amendments entered into prior to the date hereof), the Subscription Agreement will remain in full force and effect. 
 [SIGNATURE PAGES FOLLOW] 








					
	Date: June 18, 2007
	
	Very truly yours,
	
	Cathay ITFinancial Services Limited
		
	By:	 	 /s/ Paul Wolansky

	Name:	 	Paul S. Wolansky
	Title:	 	Director
	
	Cathay Capital Holdings, L.P.
		
	By:	 	 /s/ Paul Wolansky

	Name:	 	Paul S. Wolansky
	Title:	 	General Partner
	
	Accepted and Agreed:
	
	Longtop Financial Technologies Limited
		
	By:	 	 /s/ Xiaogong Jia

	Name:	 	
	Title:	 	
	
	Bloomwell International Limited
		
	By:	 	 /s/ Xiaogong Jia

	Name:	 	
	Title:	 	
	
	Tiger Global Private Investment Partners III, L.P.
		
	By:	 	Tiger Global PIP Performance III, L.P., its General Partner
		 	By:	 	Tiger Global PIP Management III, L.P., its General Partner
			
		 	By:	 	 /s/ Scott Shleifer

		 	Name:	 	Scott Shleifer
		 	Title:	 	General Partner
	
	Tiger Global Private Investment Partners IV, L.P.
		
	By:	 	Tiger Global PIP Performance IV, L.P., its General Partner
		 	By:	 	Tiger Global PIP Management IV, L.P., its General Partner
			
		 	By:	 	 /s/ Scott Shleifer

		 	Name:	 	Scott Shleifer
		 	Title:	 	General Partner









			
	Concentra Holdings Limited
		
	By:	 	 /s/ Weizhou Lian

	Name:	 	
	Title:	 	
	
	Wisdom Legend Investment Limited
		
	By:	 	 /s/ Zhenghong Yang

	Name:	 	
	Title:	 	
	
	Well Active International Limited
		
	By:	 	 /s/ Weijie Zhang

	Name:	 	
	Title:	 	
	
	 /s/ Xiaogong Jia

	Xiaogong Jia
	
	 /s/ Weizhou Lian

	Weizhou Lian
	
	 /s/ Derek Palaschuk

	Derek Palaschuk
	
	 /s/ Scott Shleifer

	Scott Shleifer
	
	 /s/ Feroz Dewan

	Feroz Dwan
	
	 /s/ Lee Fixel

	Lee Fixel