Document:

Form of Employment Contract

 Exhibit 10.3 
 English Translation 
 No.:
             
 Employment Contract 
 Party A: Beijing Perfect World Software Co., Ltd. 
 Party B:
                 
 Date of Execution:
                     
 Formulated
by Beijing Labor Bureau 

 English Translation 
  

 Labor Contract 
 Party A (employer): Beijing Perfect World Software Co., Ltd. 
 Correspondence address:
                 
 Party B (employee):
                 
 ID No.: 
 Correspondence address: 
 Residential address: 
 Tel.: 
 Email: 
 In accordance with the “Labor Law of the People’s Republic of China”, Party A and Party B, abiding by the principle of equality and free
will and through negotiations, hereby enter into this Contract, on and subject to the terms and conditions as set forth below. 
 I. Term

 Article 1 The term of this Contract is              years, i.e. from
             to             , including a probation period of
            . 
 II. Work Contents 
 Article 2 Based on A’s work needs, Party B agrees to hold the              post of
             Department. 
 Article 3 Party B shall ensure that the
specified work is fulfilled on time and reaches the specified quality standard according to Party A’s requirements. 
 Article 4 Party A
may adjust Party B’s work post depending on its work needs and Party B’s ability and performance. Party B agrees to obey Party A’s management and arrangement. Such adjustment shall be effective on and as from the day after notice of
adjustment is served on Party B or Party B’s immediate supervisor. 
 III. Labor Protection and Labor Conditions 
 Article 5 Party A shall organize and arrange health checkup for Party B in accordance with the regulations of relevant state or Beijing departments.

 Article 6 Party A shall carry out the education and training for Party B in respect of politics, ideology, professional ethics, business
techniques, labor safety and hygiene as well as relevant rules and regulations. 
 IV. Labor Remunerations 
 Article 7 Party A will pay Party B’s salary in full in a monetary form on the 

  

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10th day of each month.
The total before-tax monthly salary is         . The salary is composed of post salary, performance salary and bonus (subject to pay slip). The salary during probation period is RMB
        . 
 Article 8 Post salary changes with the change of Party B’s post level. If
Party A is involved in operation difficulties (e.g. losses), Party A is entitled to decrease post salary. Where state or Beijing regulations specify otherwise, they shall apply to the above adjustments. 
 Article 9 Performance salary is subject to the assessment result based on company’s performance assessment rules. Bonus is paid by the company
according to its profits. 
 V. Insurances and Benefits 
 Article 10 Party A and Party B shall pay endowment and unemployment insurances, medical fund for serious illness and other social insurances according to the state and Beijing regulations concerning social insurances.

 Article 11 Party A shall guarantee Party B’s (in case of a female employee) salary, insurances and other relevant benefits during the
period of pregnancy, childbirth or lactation. 
 Article 12 Party B is entitled to maternity leave, wedding leave, compassionate leave,
statutory festivals and holidays, personal leave and sick leave as specified in the regulations of the state and Party A, but subject to corresponding approval and confirmation. 
 Article 13 Party B shall timely provide various documents and materials according to the requirements of Party A and competent government department so
that Party A handles relevant social insurance procedures and housing provident fund procedures for Party B. Where Party B fails to provide relevant documents in time or in full and as a result, Party A cannot handle or delays the handling of
relevant procedures, Party A shall be exempt from all responsibilities. The expenses thus incurred to Party A due to the penalty imposed by competent government department shall be borne by Party B. 
 VI. Labor Disciplines 
 Article 14
Party B shall obey the rules and regulations developed by Party A in accordance with law as well as the “Employee Handbook”; fully comply with labor safety and hygiene rules, production processes, operation regulations and work
specifications; protect Party A’s properties and comply with professional ethics; actively participate in the training organized by Party A and increase his/her ideological awareness and professional skills. 
 Article 15 Party B agrees that: without the special approval and written 

  

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consent from Party A’s board of directors, Party B shall not hold a concurrent post in other enterprise in any way whatsoever, disclose Party A’s
trade secrets or conduct personal operations by using Party A’s trade secrets or engage in the business being competitive with Party A on behalf of others. Party B shall guarantee that when signing this Contract, he/she has no other contracts
that are still in effect. During the employment with Party A, Party B shall not establish or plan to establish any economic entity that is competitive with Party A’s business or becomes or plans to become a member of any such economic entity.

 Article 16 Where Party B violates labor disciplines, Party A can impose a disciplinary action according to its rules and regulations until
this Contract is terminated. 
 Article 17 During the performance of this Contract, Party A may develop new rules and regulations or amend
its existing rules, regulations and “Employee Handbook” in accordance with relevant state regulations. Newly developed or amended rules, regulations and “Employee Handbook” shall bind upon Party B as from the date of their issue.

 Article 18 Should the terms of this Contract conflict with new state regulations or Party A’s new rules, Party B agrees to obey the
latter. 
 VII. Change, Cancellation, Termination and Renewal 
 Article 19 This Contract shall be changed accordingly when the laws, regulations and rules serving as the basis for this Contract change. 
 Article 20 The objective conditions serving as the basis for this Contract (e.g. Party A’s operation status, change in organization structure,
adjustments in personal structure and work post, etc; Party B’s work performance, knowledge, skills, health status, which are incommensurate with job requirements, etc) have significant changes and thus, this Contract cannot be performed, Party
A and Party B may change the relevant provisions of this Contract after negotiations. The party proposing such change shall give a written notice of change to the other party. The other party shall reply within 15 days thereafter. Otherwise, it
shall be deemed that the other party has no objection. 
 Article 21 This Contract may be cancelled after negotiations between Party A and
Party B. 
 Article 22 Should any of the following cases occur with Party B, Party A may cancel this Contract unilaterally without giving a
prior 30 days notice to Party B and making compensation: 
 (1) Within the probationary period; 
 (2) When Party B seriously violates labor disciplines or Party A’s rules and regulations; 
  

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 (3) When Party B causes great losses to Party A due to serious dereliction of duties or engagement in
malpractices for personal gains; 
 (4) When the labor relations between Party B and its ex-employer are not terminated; 
 (5) When Party B provides relevant services for other institutions or individuals without Party A’s written consent; 
 (6) When it is found after expiration of probationary period that the personal information and materials provided to Party A are inconsistent with the
facts; 
 (7) When Party B’s misdemeanor damages Party A’s reputation; 
 (8) When Party A adjusts Party B’s post according to Article 4 hereof and Party B does not obey Party A’s work transfer and arrangement;

 (9) When Party B is pursued for his/her criminal responsibility in accordance with law (Party B is given a criminal punishment, reeducated
through labor, an administrative detention or a security detention). 
 Article 23 Should any of the following cases occur, Party A is
entitled to cancel this Contract by giving a prior 30 days written notice to Party B: 
 (1) When Party B is incompetent at his/her job and
remains as so even after training or after readjustment of his/her work post; 
 (2) When both parties cannot reach an agreement on changing
this Contract according to the provisions of this Contract; 
 (3) When Party B can neither take up his/her original job nor any other kind
of new job assigned by Party A after completion of specified medical treatment for his/her illness or injury not suffered during work, or Party A cannot arrange another job because Party B does not meet the state and Beijing regulations concerning
specific industries or work posts. 
 Article 24 Where Party A is on the edge of bankruptcy and at the stage of statutory rectification, its
production and operations encounter serious difficulties, or significant technical advances are carried out and work processes change, resulting in the downsizing, this Contract can be cancelled after explaining the situation to all employees,
soliciting the opinions of employees and reporting to the labor administration department. 
 Article 25 Should any of the following cases
occur with Party B, Party A shall not cancel this Contract according to Articles 23 and 24 hereof, but it may adjust Party 

  

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B’s work post according to relevant regulations and also adjust Party B’s labor remunerations according to Party B’s on-the-job status, but
not less than Party B’s basic salary of the month before such case occurs: 
 (1) When Party B is receiving treatment for his/her disease
or work-related injury during prescribed period of time; 
 (2) When Party B (in case of a female employee) is at the period of pregnancy,
childbirth or lactation; 
 (3) When Party B is confirmed to reach a specific level of disability after he/she suffers from occupational
illness or work-related injuries. 
 Article 26 When Party B cancels this Contract, it shall give a prior 30 day written notice to Party A or
pay the salary of corresponding days to Party A as compensation in lieu of such notice period. 
 Where Party B cancels this Contract in
advance, he/she shall undertake the defaulting liabilities and pay liquidated damages. If losses are thus incurred to Party A, Party B shall compensate Party A’s actual losses. In the event that loss compensation is hard to calculate, it shall
be equal to all Party B’s salaries of twelve (12) months before the cancellation of this Contract, unless Party A and Party B agree to cancel this Contract through negotiations. 
 This Contract shall not be cancelled according to the foregoing Article before the economic losses caused by Party B to Party A are dealt with or if
Party B fails to undertake the defaulting liabilities according to the provisions of this Contract. 
 This Contract shall not be cancelled
according to the foregoing article if Party B holds a management post or is carrying out a project. Under special circumstances, Party B may hold negotiations with Party A, but Party B shall give a prior 3 month written notice to Party A and
compensate the economic losses thus incurred to Party A. 
 Where Party B cancels this Contract by failing to meet notice period requirement,
Party A is entitled not to handle cancellation procedures. After Party B gives his/her notice, he/she shall continue performing his/her duties. 
 Article 27 Party A shall give a written notice of termination or renewal to Party B no later than thirty (30) days before the expiration of this Contract. Termination or renewal procedures are handled after negotiations between both
parties. 
 Where this Contract expires within the prescribed medical treatment period or her (in case of a female employee) pregnancy,
childbirth or lactation period, Party A shall postpone the expiry of this Contract to the expiry of the above medical treatment, pregnancy, childbirth or lactation period. 
  

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 English Translation 
  

 VIII. Economic Compensation and Indemnity 
 Article 28 Should any of the following cases occur, Party A will pay economic compensation to Party B in accordance with relevant state regulations:

 (1) When Party A cancels this Contract after negotiations with Party B; 
 (2) When Party A cancels this Contract because Party B is incompetent at his/her job and remains as so even after training or after readjustment of
his/her work post; 
 (3) When Party A cancels this Contract because the objective conditions serving as the basis for this Contract have
significant changes, this Contract cannot be performed and both parties fail to reach an agreement on changing this Contract through negotiations; 
 (4) When Party A has to cut down its staff because Party A is on the edge of bankruptcy and at the stage of statutory rectification or its production and operations encounter serious difficulties. 
 Article 29 Where Party A cancels this Contract by violating the provisions of this Contract or this Contract is invalid for Party A’s reason, thus
causing losses to Party B, Party A shall be liable for compensation to the extent of Party B’s losses. 
 Article 30 Where Party B
prematurely cancels this Contract by violating the provisions of this Contract, thus causing efficiency losses to Party A due to the recruitment of new employee, Party B shall compensate the following losses to Party A: 
  

	 	(1)	The training expenses paid by Party A for Party B: business training expenses: as per actual amount. 

 Note: the employee who serves the company for a period of more than 2 years after receiving the training is exempt from such expenses. 
  

	 	(2)	The liquidated damages payable by Party B to Party A, whose payment is as follows: 

 Liquidated damages = employee’s total monthly salary X (number of contractual months – number of served months) X 50% 
  

			
	 Note:
	 	if liquidated damages exceed the 12 months’ total salary of employee, such 12 months’ total salary shall be paid; if liquidated damages are less than 12 months’ total salary,
actual amount shall be paid.

 Employee’s total monthly salary adopts the mean salary of the total salary of the three
months before employment separation with the company. 
  

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 English Translation 
  

 Number of contractual months = Contractual years X 12 months 
 The starting date of served months is the signing date of labor contract. 
  

	 	(3)	Recruitment expenses of new graduates: if Party B is a new graduate recruited by Party A and Party A solves Beijing registered residence for him/her, Party B shall pay the
recruitment expenses of RMB 20,000 to Party A, unless Party B has served Party A for three full years. 

  

	 	(4)	Economic losses caused to production, operations and work. If losses cannot be calculated, the amount is subject to Party B’s three months’ salary (the mean salary of the
total salary of the three months before employment separation with the company) and 5% of the total salary of the remaining term of the contract, but not more than Party B’s 12 months’ total salary before contract cancellation.

 Article 31 Where Party B is involved in any of the cases in Article 22 hereof and Party A cancels this Contract, thus
causing losses to Party A, Party B shall be liable for compensation. 
 Article 32 It is agreed by both parties that if Party B does not
accept Party A’s post adjustment and decides to prematurely cancel this Contract. This decision of cancellation does not constitute a breach, but if Party B fails to fulfill work handover on a quality and quantity basis within the specified
time, it shall be deemed that a breach is constituted. 
 IX. Settlement of Labor Disputes 
 Article 33 When any labor dispute arises from or out of the performance of this Contract, either party may directly submit such dispute to the labor
dispute arbitration commission for arbitration. If either party does not accept the arbitral award, it may bring a lawsuit with the people’s court. 
 Article 34 When either party changes its correspondence address as prescribed herein, it shall give a prior fifteen days written notice to the other party. Otherwise, the service of a notice on original address is
deemed as a valid service. A notice shall be deemed as being served on the other party on the third party after registered letter or EMS is posted. 
 X. Miscellaneous 
 Article 35 Work handover 
 When Party B separates employment with Party A (whether raised by Party B or Party A), Party B shall handle separation procedures (including, but not limited to: pay up the expenses prepaid by Party A for Party B and
economic compensation, return articles and perform handover duties) in accordance with Party A’s rules. 
  

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 Party B shall not use the work space and equipment provided by Party A to store personal articles. At
work handover, if Party B does not render his/her coordination, Party A is entitled to dispose of relevant articles, with the possible lawyer witness fee, notarization fee, etc thus incurred to borne by Party B. 
 If Party B uses Party A’s car, computer and other valuable articles during work, Party B shall handle handover procedures at the handover date and
time designated by Party A. In case of any delay, Party B shall pay asset occupation expenses. For the car, Party B shall pay asset occupation expenses at a daily rate of 0.5% of the actual purchase price of car; for the computer, Party B shall pay
asset occupation expenses at a daily rate of 1% of the actual purchase price of computer. 
 Where Party B has a good work performance during
his/her employment with Party A, complies with all separation processes, returns all work documents, articles for office use, arrears and all other company properties to Party A and fulfills handover work on a quality and quantity basis within the
specified time, Party A will waiver all or part of the compensations as specified in this Contract at its own discretion. 
 If Party B fails
to handle handover at the time and place designated by Party A or Party B cannot be contacted due to the change of his/her correspondence address, Party A is entitled to inform Party B by making public announcements through newspaper, TV, radio
station, network or otherwise. The information of announcements includes, but is not limited to, name, gender, school of graduation, matters to be handled, etc. 
 Article 36 Non-competition 
 When Party A handles contract termination procedures, if it is of the opinion
that Party B undertakes non-competition obligation, Party A shall pay corresponding compensations to Party B depending on the years of non-competition. After employment separation with Party A, Party B shall not be engaged in the work identical or
similar to his/her work with Party A in any other entities which produce the same products as Party A and are competitive with Party A. Otherwise, Party B shall bear the liquidated damages two times the compensation and also compensate the economic
losses thus incurred to Party A. At the same time, Party A retains the recourse against the enterprise employing Party B. 
 Article 37 In
case of anything not covered herein, both parties shall sign a supplementary agreement. 
 Article 38 This Contract is executed in duplicate,
with each party hereto holding one (1) copy. This Contract shall come into force and effect on and as from the date when it is signed and sealed by both parties. 
  

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 English Translation 
  

							
	 Party A: Beijing Perfect World Software Co., Ltd.(seal):
	  	Party B (signature):	 	    /s/                
	 [seal: Beijing Perfect World Software Co., Ltd.]
	  		 	

 Legal representative or proxy 

							
	 (signature & seal):
	 	    [seal] Chi Yufeng	  		  	

  

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 English Translation 
  

 Renewal of Labor Contract 
 The present renewal of labor contract is a          term contract. 
 The
effective date of this Contract is
                                        .

 This Contract shall expire on
                                        .

  

			
	 Party A (seal):
	  	Party B (seal):

 Legal representative or proxy 
 (Signature & seal) 
  

											
		 		 		 		  		  	Date:

 Renewal of Labor Contract 
 The present renewal of labor contract is a          term contract. 
 The
effective date of this Contract is
                                        .

 This Contract shall expire on
                                        .

  

			
	 Party A (seal):
	  	Party B (seal):

 Legal representative or proxy 
 (Signature & seal) 
  

											
		 		 		 		 		  	Date:

  

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 English Translation 
  

 Schedule 
  

									
	 Name
	  	 Title
	  	 Execution Date
	  	 Term

	 1
	  	Michael Yufeng Chi	  	Chief Executive Officer	  	Aug 21, 2006	  	Aug 21, 2006 to Aug 20, 2009
					
	 2
	  	Kelvin Wing Kee Lau	  	Chief Financial Officer	  	March 1, 2007	  	March 1, 2007 to Feb 28, 2011
					
	 3
	  	Qi Zhu	  	Chief Operation Officer	  	Nov 22, 2006	  	Nov 21, 2006 to Nov 21, 2011
					
	 4
	  	Di He	  	Chief Technology Officer	  	Nov 22, 2006	  	Nov 21, 2006 to Nov 21, 2011
					
	 5
	  	Qing Li	  	Chief Design Officer	  	Nov 22, 2006	  	Nov 21, 2006 to Nov 21, 2011
					
	 6
	  	Davis Jian Li	  	Vice President	  	Aug 21, 2006	  	Aug 21, 2006 to Aug 20, 2009
					
	 7
	  	Bill Weizheng Wang	  	Vice President	  	April 16, 2007	  	April 16, 2007 to April 15, 2010

  

 12Form of Intellectual Property Right Transfer

 Exhibit 10.4 
 English Translation 
 Intellectual Property Right Transfer, Non-competition and Confidentiality
Agreement 
 THIS AGREEMENT is entered into by and between: 
 Beijing Perfect World Network Technology Co., Ltd. (hereinafter referred to as “the Company”) 
 Domicile: 
 AND 
                      (hereinafter referred to as “the Founder”) 
 ID Card No.: 
 Address: 
 The Founder, as the Company’s beneficial shareholder, holds the Company’s equity interest indirectly. In order to define the ownership of the Creative Results
(as defined below) that may be understood or created by the Founder during his/her indirect holding of the Company’s equity interest and specify the other matters relating to and in connection with intellectual property rights and
confidentiality, the Company and the Founder hereby agree to enter into this Agreement. 
 1. Definitions 
 In this Agreement, 
 “Company’s Business” shall mean internet
information service business (except news, publication, education, medical and healthcare, medicine, medical instruments and BBS), technology import and export and agency import and export, as well as other businesses undertaken by the Group or the
Company (whether related or unrelated thereto), including, but not limited to, any and all actual or prospective researches and developments of the Company. 
 “Company-owned Results” shall mean the Creative Results as well as all other Results to be transferred to the Company or the Group according to Article 3.2 hereof. 
 “Copyright” shall have the meaning as specified in the Copyright Law of the People’s Republic of China and Regulations on the Protection of Computer Software. 
 “Results” shall mean all patentable or unpatentable inventions, discoveries, designs, procedures, formulas, innovations, developments and improvements,
copyrightable or uncopyrightable works (including, without limitation, computer software, articles, reports, graphs, drawings, blueprints, advertisings, marketing materials, identifications, etc.), technical know-how and trade secrets. 

“Creative Results” shall mean any and all the Results that are conceived, created, developed, implemented or presented in any tangible form by the Founder
independently or together with others during his/her indirect holding of the Company’s equity interest (including any time of indirect holding prior to the date of this Agreement), provided that they meet at least one of the following two
conditions: 

 English Translation 
  

 (1) relate to Company’s Business in any respect, including, but not limited to: (a) software development
information, including, without limitation: user’s requirement analysis, general design scheme, development plan, algorithm model, organization structure, handling processes, test results as well as the publicly unavailable documents describing
the above development information (e.g. feasibility study report, requirement specifications, preliminary design description, detailed design description, test report, instruction manual and development progress report); (b) list of source
programs of computer software; (c) any and all knowledge results arising from project development, including, without limitation: literal description, story creation, concept art setting, model, collage and materials, action, animation, audio,
video, etc, whether in-process or final product; (d) some unknown or almost unknown techniques, usages or solutions of the inventions, improvements or discoveries of software development project; (e) source codes of computer software, etc;

 (2) to be service works, service inventions or other service technical results as stipulated in applicable laws and regulations. 
 “Group” shall mean the Company and the entities which directly or indirectly control and are controlled by the Company; “Affiliate” shall mean any of
the above entities. 
 2. Disclosure 
 The Founder agrees
that once Creative Results are generated, he/she will forthwith (but, in any event, no later than thirty (30) days after Creative Results are generated) make full disclosure to the Company in the form as specified by the Company. 
 3. Right, Title and Interest to and in the Results 
 3.1 All Creative
Results shall be and remain the exclusive property of the Company, and all Copyrights of the Creative Results, all patent application rights and registered patent rights of the Creative Results as well as all other industrial and intellectual
property rights of the Creative Results throughout the world shall belong to the Company. 
 3.2 As for the Results over which the Founder has any right and
interest (including title and other rights and interests) during the indirect holding of the Company’s equity interest, the Founder hereby agrees to transfer such right and interest to the Company. The Founder hereby represents and warrants
that all the Results over which the Founder has any right and interest shall be applied to this Agreement. The Founder hereby agrees to exempt the Company, its successor, transferee, affiliate, licensee, director, Founder and agent (hereinafter
collectively referred to as “Interested Persons”) from their responsibility for the Founder due to use or disclosure of the Results by the Company or any of its Interested Persons. 
 3.3 Notwithstanding the provisions in Article 3.2 hereof, the Company shall not require the Founder to transfer any Results to the Company if there are written evidences
proving that they: 
 (1) are created by the Founder within his/her personal time without using Company’s equipment, articles, facilities or trade
secrets; 
 (2) are unrelated to Company’s Business in any respect; and 
  

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 English Translation 
  

 (3) are not generated when the Founder fulfills any work for the Company. 
 Subject to a duty of confidentiality on the part of the Company, the Founder shall disclose to the Company any and all Results which, at his/her own discretion, are
his/her property and not covered by this Agreement, as well as the documentary evidences as may be reasonably required by the Company, whether such Results are developed by the Founder independently or together with others, before or during his/her
indirect holding of the Company’s equity interest. 
 3.4 The Founder further agrees that unless otherwise provided for herein or consented to by the
Company in writing, the Founder has no right to, directly or indirectly: 
 (1) reproduce, change, modify, translate, produce, market, publish (release),
distribute, sell, license or sublicense, transfer, lease, transmit, disseminate, display or use Company-owned Results, any portion thereof or any form of copies; 
 (2) make derivatives of Company-owned Results, any portion thereof or any form of copies, provide an electronic access to or reading of them or store them in computer storage; 
 (3) apply for (or apply to register) the Company-owned Results or any patent right, Copyright, trademark or other industrial or intellectual property right thereof in China or other countries and regions; and

 (4) cause others to do any of the foregoing acts. 
 3.5 If
several rights of the Company-owned Results (hereinafter referred to as “the Rights”) must belong to the Founder and both parties are prohibited from agreeing upon the ownership under any applicable laws and regulations, both parties agree
as follows: 
 (1) Where the Rights are transferable in whole or in part under applicable laws and regulations, the Founder shall transfer the Rights to the
Company to the maximum extent possible; 
 (2) If, according to applicable laws and regulations, the Founder cannot transfer all or part of the Rights to the
Company or such transfer must be subject to the approval of, but not approved by, government department, the Founder hereby automatically licenses the nontransferable portion of the Rights to the Company so that the Company and its successor may
have all the use rights and implementation rights of the Company-owned Results (along with their modifications and derivatives). The right license as set forth in this paragraph (2) shall on a royalty-free, irrevocable, exclusive (excluding the
Founder and all third parties), worldwide and transferable basis, and the Company also has the right of sublicensing; 
 (3) Without a prior written consent
from the Company, the Founder agrees not to exercise the rights that cannot be transferred or licensed to the Company according to Paragraph (1) or (2) hereof (including, but not limited to, the right of authorship and other “personal
rights” of the Company-owned Results”). 
 3.6 The Founder agrees that any and all Results disclosed by the Founder to any third party or stated in
the patent or Copyright applications made by or on behalf of the Founder within one (1) year following the termination of indirect holding are regarded as Company-owned Results according to the terms and conditions of this Agreement, unless the
Founder proves that these Results are conceived, created or developed after the termination of employment relationship and implemented or presented in a tangible form for the first time. 
  

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 English Translation 
  

 4. Confidentiality 
 4.1 The Founder undertakes to only use the technical information (e.g. methodology, technical know-how, formulas, composition, procedures, discoveries, machines, models, devices, specifications, inventions, computer programs, research
projects or similar projects), business information (e.g. the information regarding costs, profits, purchases, markets, sales or customer list), information concerning future development (e.g. R & D or future marketing or promotion plans) as
well as other secrets or proprietary information or data, which are provided by the Company to the Founder or given an access to the Founder in the course of his/her employment with the Company (hereinafter collectively referred to as
“Confidential Information”) to perform the work tasks assigned by the Company, not to apply the Confidential Information for any other purpose and immediately return all Confidential Information and copies thereof to the Company at
Company’s request. The Founder further agrees not to disclose or communicate any Confidential Information to any third party without a prior written consent from the Company. 
 4.2 Any and all records, computer programs, computer-stored information, computer floppy disks and other media, documents, drawings, sketches, blueprints, manuals, correspondences, notes, notebooks, reports,
memoranda, customer list, other documents, equipment, etc relating to or in connection with Company’s Business in any respect, whether drafted by the Founder or not, shall be and remain the sole property of the Company, and shall not be taken
out of Company’s premises without its prior written consent. The Founder shall not copy such information or data without permission. Upon termination of employment relationship or at Company’s other request, the Founder shall forthwith
return to the Company all such information or data and their copies and excerpts that are in a tangible form. The Founder agrees not to make or retain copies of such information and data and further agrees to provide a letter of confirmation to the
Company upon termination of employment relationship or at Company’s other request. 
 4.3 After a specific software product of the Company is finalized,
all the Founders involved in the development of this software shall, within three (3) days thereafter, deliver the source codes in their own possession to Company’s custodian so that backups are made of all source codes by the custodian.
Backups will be sealed up after they pass the inspection. Besides, all the Founders involved in software development shall thoroughly delete all source codes from their hard disks. Without the written consent of Company’s Chief Technology
Officer, no Founder shall use source code backups. Where source codes need to be borrowed for work needs, a written application explaining the purpose shall be made to Company’s Chief Technology Officer for approval and upon approval, borrowing
procedures shall be handled with the custodian. The Founder borrowing source codes shall use them within specified scope and return them within specified time and no copy shall be made of source codes without permission. 
 4.4 The Founder agrees to obtain Company’s written consent before publishing, in writing or orally, any information concerning Company’s business, customers,
suppliers, Founders, shareholders, directors or officers. The Founder acknowledges that the Company is entitled to decide whether or not to publish such information, and does not undertake any responsibility for the Founder when the Company
exercises such right. 
 4.5 The obligations of the Founder under Article 4 shall survive the expiry or termination of this Agreement and the termination of
indirect holding between the Company and the Founder. 
  

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 English Translation 
  

 5. Non-competition 
 5.1 Except with the prior written consent of the Board of Directors, during the Founder’s indirect holding of the Company’s equity interest and within two (2) years after the date of the Founder’s ceasing of holding any
equity interest of the Group for whatsoever reason as negotiated and agreed by and between the Company and the Founder, (or if the date of the Founder’s ceasing of holding any equity interest of the Group is different from the separation date
as a director, the later date is “Holding Ceased Date”), the Founder shall not (nor shall his/her relevant person) be directly or directly, engaged or involved in any business competitive with or similar to Company’s Business in any
respect, provided, however, that this does not affect the Founder’s holding of the stocks listed for trading on any stock market (directly or through assignee) and such holding does not exceed 1% of any type of stocks or shares issued by any
single company, whose limitation shall not apply to the holding of Company’s stocks or other securities. 
 5.2 The Founder undertakes to the Company
that: 
 (1) during the direct or indirect holding of the Company’s or any other Affiliate’s equity interest, he/she will devote all the time and
energy to Group’s business, make best efforts to develop business and increase interests for the Group and not get involved in any other (competitive or otherwise) business; 
 (2) As from the date of the Founder’s ceasing of holding any equity interest of the Group for whatsoever reason, where the Company may otherwise negotiate and agree with the Founder, within two (2) years
thereafter (or if the date of the Founder’s ceasing of holding any equity interest of the Group is different from the separation date as a director, the later date is “Holding Ceased Date”), whether for himself/herself or on behalf of
any other individual or company, he/she shall not: 
 (a) as far as any business of the Group is concerned abet, solicit or attempt to entice
any important, at any time within two (2) years after holding ceased, customer, client, supplier, agent, distributor or Founder (except low-level Founder) of any Affiliate, any individual of the consultant or any company known by him/her away
from any Affiliate; 
 (b) attempt to interfere with the continuity of goods or services supplied to any Affiliate or disrupt the conditions
of any such supply; 
 (c) as the Founder of any principal, agent, shareholder, partner or any other person implement, carry out, participate
in or get involved in any business or activity of selling or supplying products or services to the customers within the People’s Republic of China, Hong Kong, Taiwan and any other region where such sales or supplies are made by the Affiliate
within relevant time, which is competitive with the business undertaken by the Affiliate currently or within 12 months before the Holding Ceased Date. The Founder hereby agrees and acknowledges that his/her right to any economic compensation under
this Paragraph (if any) is already included in the salary paid or payable by the Company to him/her according to the provisions of this Agreement as well as the compensation as set out in Article 5.4 hereof and confirms that he/she has no right to
make any claim against the Company by reason of this Paragraph. 
 (d) other than within the process of business of any Affiliate, use or
allow any third party to use any name, logo or other intellectual property rights used by such Affiliate, or any name or logo that is likely to be confusing with the name, logo or other intellectual property rights of such Affiliate. 
  

 5 

 English Translation 
  

 (3) As from the Holding Ceased Date, the Founder shall not state that he/she: 
 (a) is an Founder or director of the Affiliate or entitled to act in the name of the Affiliate; or 
 (b) except for any shares of the Company held by him/her, has an interest in the business or affair of any Affiliate. 
 (4) unless to the extent being reasonable and necessary to perform his/her duties to the Affiliate, during his employment as an Founder, director or shareholder or the
duration of his/her interest relations with the Affiliate or at any time thereafter, he/she will not, directly or indirectly, use, disclose or exchange with any other person the matter, business, method, process, system, plan or R & D of the
Affiliate or any information of its customers, clients or suppliers, as well as other information that is reasonably deemed as confidential information of the Affiliate or its customers, clients or suppliers (but excluding the information that is
required to be disclosed by law or is available to the public without his/her fault within relevant time), and make his/her best endeavors to prevent the publication or disclosure of any such information by any third party. 
 (5) any extension, development or advancement of any business activity or appropriate opportunity provided to him/her shall be implemented by the Company or its wholly
owned subsidiary, unless the Company agrees otherwise. 
 5.3 Articles 5.1 and 5.2(1) to 5.2(5) shall be deemed to constitute separate undertakings and
construed independently. Thus, if any of the above undertakings is held invalid and will not be held invalid by deleting some contents or alleviating or modifying their extent, such undertaking shall be changed to the extent being necessary to make
it valid or enforceable. 
 5.4 The Company and the Founder agree that though the above trade secrets, customer relationships and other rights and interests
are the lawful rights and interests of the Company, the Company will make appropriate compensation to the Founder with respect to the losses as may be caused to the Founder due to the non-competition obligations under this Agreement that survive the
separation with the Company. Within the term when the Founder assumes the non-competition obligations, the Company undertakes to pay an annual compensation to the Founder, whose amount shall be agreed by and between the Company and the Founder when
they negotiate the obligations under Section 5.2 hereof to be assumed by the Founder after the Holding Ceased Date and the amount to be agreed shall comply with the current laws and regulations. 
 6. Other Undertakings 
 6.1 The Founder hereby represents and warrants
to the Company that he/she has not reached any agreement with others which may prevent him/her from fully complying with the terms and conditions of this Agreement. 
 6.2 The Founder hereby represents and warrants to the Company that without the written consent of his/her ex-employer, he/she has not taken and will not take any proprietary or confidential information of such
ex-employer into his/her work and will not use such information to fulfill the work of the Company. The Founder agrees not to disclose to the Company any trade secret of his/her 

  

 6 

 English Translation 
  

 
ex-employer. The Founder further represents and warrants to the Company that his/her indirect holding of the Company’s equity interest will not result
in his/her failure of performing the obligations towards any other person or disclosure of any secrets of any other person. 
 6.3 If, under applicable laws
and regulations, this Agreement shall become effective only after approval, registration or other procedures are handled, or approval or other procedures shall be handled for the Founder to perform the obligations under this Agreement, the Founder
undertakes to assist the Company in handling relevant procedures and to sign any and all necessary documents. 
 6.4 the Founder undertakes to render all
assistances required by the Company free of charge during the indirect holding of the Company’s equity interest and thereafter (but actual costs shall be reimbursed by the Company) so as to protect the Company’s right, title and interest
to and in Company-owned Results, including, but not limited to, signing the necessary documents and bearing witness, if necessary, during Company’s application for or maintenance of any patent right or copyright or in the course of any judicial
or legal proceedings of the Company relating to any Company-owned Results throughout the world. 
 7. Defaulting Liabilities 
 Where Party B is in breach of the provisions of this Agreement, Party B shall compensate all losses thus incurred to Party A and bear any and all legal responsibilities
arising therefrom. 
 8. Miscellaneous 
 8.1 This
Agreement shall be governed by the laws of the People’s Republic of China. Any dispute arising out of or from or in connection with this Agreement shall be first settled through friendly negotiations. Should no settlement can be reached within
thirty (30) days after either party gives a written notice of negotiations to the other party, either party may directly bring a lawsuit with the people’s court of competent jurisdiction. 
 8.2 If any provision of this Agreement is held invalid, the remaining provisions shall remain valid. 
 8.3 This Agreement shall bind upon and inure to the benefit of both parties and their respective successors and assignees. 
 8.4 No amendment to or modification of this Agreement shall of any force or effect unless reduced to writing and signed by both parties. 
 8.5 This
Agreement constitutes the entire agreement between both parties with respect to the subject matter hereof and substitutes any and all prior negotiations and agreements between both parties with respect to the subject matter hereof. 
 IN WITNESS WHEREOF, both parties have executed this Agreement on and as of
                    . 
 [No text below. Execution
page of this Intellectual Property Rights Transfer, Non-competition and Confidentiality Agreement] 
  

 7 

 English Translation 
  

									
	Beijing Perfect World Network Technology Co., Ltd. (Seal)	 		  	Founder	  	
				
	 By: [Seal: Beijing Perfect World Network Technology Co., Ltd.]
	 		  	By:	  	
			
	 Name:
	 		  	    /s/                
				
	 Title:
	 		  		  	

 Schedule 
  

			
	 Founders:
	 	 Date of Execution

	Chi Yufeng	 	September 6, 2006
		
	Su Huan	 	September 6, 2006
		
	Chen Furui	 	September 6, 2006

  

 8

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