Document:

exv4w7

Exhibit
4.7

SERIES C-1 PREFERRED SHARE PURCHASE AGREEMENT

DATED THIS 12th DAY OF NOVEMBER, 2010

BY AND AMONG

NETQIN MOBILE INC.

(as “Company”)

BEIJING NETQIN TECHNOLOGY CO., LTD

(as “Domestic Enterprise”)

NETQIN MOBILE (BEIJING) TECHNOLOGY CO., LTD

(as “PRC Subsidiary”)

the Persons listed on Exhibit A 

(as “Investors”)

the
Persons listed on Exhibit B

(as “Founders”)

AND

RPL HOLDINGS LIMITED

(as “Founders’ HoldCo”)

 

 

SERIES
C-1 PREFERRED SHARE PURCHASE AGREEMENT

     This
SERIES C-1 PREFERRED SHARE PURCHASE AGREEMENT (the “Agreement”) is made on the
12th day of November, 2010 by and among NETQIN MOBILE INC, an exempted company
incorporated and existing under the laws of the Cayman Islands (the “Company”), the purchasers of
Series C-1 Preferred Shares of the Company listed on Exhibit A attached to this Agreement
(each an “Investor” and together the “Investors”), the persons listed on Exhibit B
attached to this Agreement (each a “Founder” and together the “Founders”), RPL Holdings Limited
(the “Founders’ HoldCo”), Beijing Netqin Techonology Co., Ltd. (), a limited
liability company organized and existing under the laws of the People’s Republic of China (the
“PRC”) (the “Domestic Enterprise”), NetQin Mobile (Beijing) Technology Co., Ltd. (),
a wholly-foreign owned enterprise organized and existing under the laws of the PRC (the
“PRC Subsidiary”, collectively with the Company, the Domestic Enterprise and the Founders’ HoldCo,
the “Group Companies” and each, a “Group Company”).

     Each of the Company, the Investors, the Founders, the Founders’ HoldCo, the Domestic
Enterprise and the PRC Subsidiary shall be referred to individually as a “Party” and collectively
as the “Parties”.

RECITALS

     A. The Company is an exempted limited liability company established under the laws of the
Cayman Islands on March 14, 2007;

     B. The Domestic Enterprise is a limited liability company established by the Founders under
the laws of the PRC with its registered address at Room 1322,
Suite C, Building No.1,
Zhongguancun Software Park, Haidian District, Beijing, the PRC ();

     C. The Company is the 100% owner of the PRC Subsidiary, which is a wholly
foreign-owned enterprise established under the laws of the PRC with its registered address at Room
1238-1, Suite B, Building No.1, Zhongguancun Software Park,
Haidian District, Beijing, the PRC

();

     D. The Company desires to issue and sell to the Investors and the Investors desire to
purchase from the Company, the respective numbers of Series C-1 preferred shares, par value
US$0.0001 per share, of the Company (the “Series C-1 Shares”) as set forth opposite their names
on Exhibit A hereto, on the terms and conditions set forth in this Agreement.

AGREEMENT

     NOW, THEREFORE, in consideration of the foregoing recitals, the mutual promises
hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereby agree as follows:

 

 

1.
AGREEMENT TO PURCHASE AND ISSUE SERIES C-1 SHARES

     1.1 Authorization. As of the Initial Closing (as defined below), the Company
will have authorized the issuance, pursuant to the terms and conditions of this Agreement, of
16,773,301 Series C-1 Shares, having the rights, preferences, privileges and restrictions as set
forth in the Fourth Amended and Restated Memorandum and Articles of Association of the Company
attached hereto as Exhibit C (the “Restated Articles”) and shall duly adopt the Restated
Articles on or before the Closing (as defined below).

     1.2
Agreement to Subscribe for and Allot Series C-1 Shares. Subject to the terms and
conditions hereof, the Company hereby agrees to issue to each Investor, and each such Investor
hereby agrees to subscribe from the Company the number of
Series C-1 Shares as set forth opposite
the name of such Investor in Exhibit A hereto for the subscription price of US$0.8418 per
share (the “Subscription Price”), amounting to an
aggregate of up to 16,773,301 Series C-1 Shares
and an aggregate subscription price of up to US$14,119,764.78.

     1.3
Initial Closing; Delivery. Subject to the terms and conditions of this Agreement,
the purchase, sale and issuance of the Series C-1 Shares shall take place at one or more closings
(each of which is referred to in this Agreement as a “Closing”). The initial closing (the “Initial
Closing”) shall take place on November 12, 2010 at the offices of the Company, or at such other
place as shall be designated by the Company.

     If
less than all of the Series C-1 Shares are sold and issued at the Initial Closing, then,
subject to the terms and conditions of this Agreement, the Company may sell and issue at a
subsequent closing (the “Subsequent Closing”), within sixty (60) days after the Initial Closing, up
to the balance of the unissued Series C-1 Shares to such persons or entities as may be approved by
the Company and a majority of the Investors purchasing shares at the Initial Closing. Any such sale
and issuance in the Subsequent Closing shall be on the same terms and conditions as those contained
herein, and such persons or entities shall, upon execution and delivery of the relevant signature
pages, become parties to, and be bound by, this Agreement and the Restated Shareholders Agreement
(as defined below) without the need for an amendment to any of the Transaction Agreements except to
add such person’s or entity’s name to the appropriate exhibit to such agreement, and shall have the
rights and obligations hereunder and thereunder, in each case as of the date of the Subsequent
Closing. The Subsequent Closing shall take place at such date, time and place as shall be approved
by the Company and a majority of the Investors purchasing shares at the Initial Closing.

     Immediately after each Closing, the Schedule of Investors will be amended to list the
Investors purchasing Series C-1 Shares hereunder and the number
of Series C-1 Shares issued to the
Investors hereunder at each such Closing. The Company will furnish to the Investors copies of the
amendments to the Schedule of Investors referred to in the preceding sentence.

     At the Closing, the Company and each Investor for such Closing will execute counterpart
signature pages to the Transaction Agreements and the Company shall deliver (i) a certificate
registered in such Investor’s name representing the number of Purchased Shares that such Investor
is purchasing as of such Closing against payment of the Subscription Price therefor, as set forth
in the column designated “Aggregate Subscription Price” opposite such Investor’s name on
Exhibit A and (ii) a copy of the Company’s register of members, certified by a director of
the Company as true and complete as of the date of such Closing, updated to

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show each Investor as the holder of its respective number of the Purchased Shares as of the
Closing.

     At or before each Closing, each Investor shall deliver to the Company the aggregate purchase
price of the Series C-1 Shares purchased, which is set forth in the column designated “Aggregate
Subscription Price” opposite such Investor’s name in Exhibit A hereto. The payment shall
be made in the form of a cashier’s check or wire transfer.

2. REPRESENTATIONS AND WARRANTIES OF THE COVENANTORS

     The Group Companies and the Founders (the “Covenantors”, and each the “Covenantor”), jointly
and severally, hereby represent and warrant to each Investor, as of the date hereof, the date of
the Closing, as follows. In this Agreement, any reference to a party’s “knowledge” means such
party’s actual knowledge after due and diligent inquiries of officers and directors of such party
reasonably believed to have knowledge of the matter in question.

     2.1 Organization, Standing and Qualification. Each of the Group Companies is
duly organized, validly existing and in good standing (or equivalent status in the relevant
jurisdiction) under, and by virtue of, the laws of the place of its incorporation or establishment
and has all requisite power and authority to own its properties and assets and to carry on its
business as now conducted, and to perform each of its obligations hereunder and under any agreement
contemplated hereunder to which it is a party. Each of the Group Companies is qualified to do
business and is in good standing (or equivalent status in the relevant jurisdiction) in each
relevant jurisdiction, where failure to be so qualified would have a material adverse effect on its
financial conditions, assets and properties, results of operation, business (as presently
conducted) or prospects (a “Material Adverse Effect”).

     2.2 Capitalization. Immediately prior to the Initial Closing, the authorized share
capital of the Company is US$36,463.7272, consisting of the following:

          (a) Common Shares. A total of 250,000,000 authorized Common Shares, of which
50,352,941 Common Shares are issued and outstanding.

          (b) Series A Shares. A total of 33,250,000 authorized Series A preferred shares, par
value US$0.0001 per share, of the Company (the “Series A Shares”), all of which are issued and
outstanding. The rights, privileges and preference of the Series A Shares are as stated in the
Restated Articles and as provided by the Companies Law (2009 Revision) of the Cayman Islands.

          (c) Series B Shares. A total of 34,926,471 authorized Series B preferred shares, par
value US$0.0001 per share, of the Company (the “Series B Shares”), all of which are issued and
outstanding. The rights, privileges and preference of the Series B Shares are as stated in the
Restated Articles and as provided by the Companies Law (2009 Revision) of the Cayman Islands.

          (d) Series C Shares. A total of 29,687,500 authorized Series C preferred shares, par
value US$0.0001, of the Company (the “Series C Shares”), all of which are issued and outstanding.
The rights, privileges and preference of the Series C Shares are as stated in the Restated Articles
and as provided by the Companies Law (2009 Revision) of the Cayman Islands.

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          (e)
Series C-1 Shares. A total of 16,773,301 authorized
Series C-1 Shares, none
of which are issued and outstanding. The rights, privileges and
preference of the Series C-1 Shares
are as stated in the Restated Articles and as provided by the Companies Law (2009 Revision) of the
Cayman Islands.

          (f) The Purchased Shares, when issued, sold and delivered in accordance with the terms of this
Agreement, will be duly and validly issued, fully paid and nonassessable. The Common Shares
issuable upon conversion of the Series C-1 Shares (the “Conversion Shares”) have been duly and
validly reserved for issuance and, upon issuance in accordance with the terms of the Restated
Articles, will be duly and validly issued, fully paid and nonassessable.

          (g) All of the outstanding shares of the Company have been duly and validly issued, fully paid
and nonassessable, and all outstanding shares, options, warrants and other securities of the
Company have been issued in full compliance with the requirements of all applicable securities laws
and regulations, including the registration and prospectus delivery requirements of the United
States Securities Act of 1933, as amended (the “Securities Act”), or in compliance with applicable
exemptions therefrom, all other provisions of applicable securities laws and regulations, and the
“Notice Regarding Certain Administrative Measures on Financing and Inbound Investments by PRC
Residents Through Offshore Special Purpose Vehicles”, effective as of November 1, 2005 (the
“Circular 75”) issued by the State Administration of
Foreign Exchange of the PRC (the “SAFE”) on
October 21, 2005.

          (h) Options, Warrants, Reserved Shares. Except for (i) the conversion privileges of
the Series A Shares, Series B Shares, Series C Shares
and Series C-1 Shares, (ii) up to 26,415,442
Common Shares reserved for issuance pursuant to the ESOP (as defined in Section 5.7),
there are no options, warrants, conversion privileges or other rights, or agreements with respect
to the issuance thereof, presently outstanding to purchase any of the shares of the Company.
Except as set forth in the Restated Shareholders Agreement, no shares of the Company’s outstanding
share capital, or shares issuable upon exercise or exchange of any outstanding options or other
shares issuable by the Company, are subject to any preemptive rights, rights of first refusal or
other rights to purchase such shares (whether in favor of the Company or any other person).

          (i) Domestic Enterprise Registered Capital. The registered capital of the Domestic
Enterprise is RMB10,000,000, which has been contributed in full. There are no options, warrants,
conversion privileges or other rights, or agreements with respect to the issuance thereof,
presently outstanding to purchase any of the equity interests of the Domestic Enterprise and no
outstanding equity interests of the Domestic Enterprise are subject to any encumbrance, preemptive
rights, rights of first refusal or other rights to purchase such equity interests (whether in
favor of the Domestic Enterprise or any other person).

          (j) PRC Subsidiary Registered Capital. The registered capital of the PRC Subsidiary
is US$14,700,000, which has been contributed in full. The Company owns beneficially and of record
one hundred percent 100% of the equity interest of the PRC Subsidiary. There are no options,
warrants, conversion privileges or other rights, or agreements with respect to the issuance
thereof, presently outstanding to purchase any of the equity interests of the PRC Subsidiary and
no outstanding equity interests of the PRC Subsidiary are subject to any encumbrance, preemptive
rights, rights of first refusal or other

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rights to purchase such equity interests (whether in favor of the PRC Subsidiary or any other
person).

          (k) Founders’ HoldCo. The Founders own beneficially and of record one hundred
percent (100%) of the equity interest of the Founders’ Holdco.

     2.3 Subsidiaries. Except for the Company’s ownership of the PRC Subsidiary and the
contractual control of the Domestic Enterprise by the PRC Subsidiary, no Group Company presently
owns or controls, directly or indirectly, any interest in any other corporation, partnership,
trust, joint venture, association, or other entity. No member of the Group Companies is a
participant in any joint venture, partnership or similar arrangement.

     2.4 Due Authorization. All corporate action on the part of each Group Company, its
officers, directors and equity interest holders necessary for the authorization, execution and
delivery of, and the performance of its obligations under, this Agreement, the Restated
Shareholders Agreement and any other agreements to which it is a party and those which is
contemplated hereunder (collectively, the “Transaction Agreements”) will have been obtained prior
to the Closing. Each of this Agreement and the other Transaction Agreements, upon execution by each
Covenantor, will be a valid and binding obligation of the such Covenantor enforceable against such
Covenantor in accordance with their respective terms, subject, as to enforcement of remedies, to
applicable bankruptcy, insolvency, moratorium, reorganization and similar laws affecting creditors’
rights generally and to general equitable principles.

     2.5 Financial Statements. Each Group Company has delivered to the Investors its
consolidated financial statements (including balance sheets and income statements) for the twelve
(12) consecutive months period ending September 30th, 2010 (the foregoing financial
statements and any notes thereto are hereinafter referred to as the “Financial Statements”, and
September 30th, 2010, the “Balance Sheet Date”). Such Financial Statements (a) are in
accordance with the books and records of such Group Company, (b) are true, correct and complete and
present fairly the financial condition of such Group Company at the date or dates therein indicated
and the results of operations for the period or periods therein specified, and (c) have been
prepared in accordance with the generally accepted accounting principles of the PRC (“PRC GAAP”)
applied on a consistent basis, except as to the unaudited consolidated financial statements, for
the omission of notes thereto and normal year-end audit adjustments. Specifically, but not by way
of limitation, the respective balance sheets of the Financial Statements disclose all of such Group
Company’s material debts, liabilities and obligations of any nature, whether due or to become due,
as of their respective dates (including, without limitation, absolute liabilities, accrued
liabilities, and contingent liabilities) to the extent such debts, liabilities and obligations are
required to be disclosed in accordance with the PRC GAAP. Each Group Company has good and
marketable title to all assets set forth on the balance sheets of the Financial Statements, except
for such assets as have been spent, sold or transferred in the ordinary course of business since
the Balance Sheet Date. Except as disclosed in the Financial Statements, none of the Group
Companies or any Founder is a guarantor or indemnitor of any indebtedness of any other person or
entity. Each Group Company maintains and will continue to maintain a standard system of accounting
established and administered in accordance with generally accepted accounting principles.

     2.6 Title to Properties and Assets. Each Group Company has good and marketable
title to its properties and assets subject to no mortgage, pledge, lien, encumbrance,

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security interest or charge of any kind. With respect to the property and assets it leases, each
Group Company is in compliance with such leases and holds valid leasehold interests in such assets
free of any liens, encumbrances, security interests or claims of any party other than the lessors
of such property and assets.

     2.7 Status of Proprietary Assets. For purpose of this Agreement, (i) “Proprietary
Assets” shall mean all patents, patent applications, trademarks, service marks, trade names, domain
names, copyrights, copyright registrations and applications and all other rights corresponding
thereto, inventions, databases and all rights therein, all computer software including all source
code, object code, firmware, development tools, files, records and data, including all media on
which any of the foregoing is stored, formulas, designs, trade secrets, confidential and
proprietary information, proprietary rights, know-how and processes of a company, and all
documentation related to any of the foregoing; and (ii) “Registered Intellectual Property” means
all Proprietary Assets of the Group Companies, wherever located, that is the subject of an
application, certificate, filing, registration or other document issued by, filed with or recorded
by any government authority.

          (a) Each Group Company has taken all commercially reasonable security measures to protect the
secrecy, confidentiality, and value of all its Proprietary Assets, including the Registered
Intellectual Property, required to conduct its business.

          (b) None of the Group Companies has received any communications (oral or written) alleging
that any of the Group Companies has violated or, by conducting its business (including as proposed
to be conducted by such Group Companies), would violate any of the intellectual property rights of
any other person or entity.

          (c) Each Group Company has obtained and possesses valid licenses to use all of the software
programs present on the computers and other software-enabled electronic devices that it owns or
leases or that it has otherwise provided to its employees for their use in connection with the
business of such Group Company.

          (d) Each Founder, employee and consultant of any Group Company has assigned to a Group Company
all intellectual property rights he or she owns that are related to the business as now conducted
or as presently proposed to be conducted by any Group Company, and such intellectual property
rights will remain with the Group Company in the event of the termination of employment and/or
consultation relationship of such Founder, employee and/or consultant with the Group Company.

          (e) Neither the execution nor delivery of this Agreement and any other Transaction Agreement,
nor the carrying on of the business of any Group Company by its employees, nor the conduct of the
business of the Group Companies as proposed, will conflict with or result in a breach of the terms,
conditions or provisions of, or constitute a default under, any contract, covenant or instrument
under which the any Group Company or any of such employees is now obligated.

     2.8
Compliance with Laws; Consents and Permits.

          (a) None of the Group Companies has conducted any activity in material violation of any
applicable statute, rule, regulation, order or restriction of any domestic or foreign government
or any instrumentality or agency thereof in respect of the conduct of its business as now
conducted and as presently proposed to be conducted or the ownership of its

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properties. All consents, permits, approvals, orders, authorizations or registrations,
qualifications, designations, declarations or filings by or with any governmental authority and any
third party which are required to be obtained or made by each Covenantor in connection with the
consummation of the transactions contemplated hereunder shall have been obtained or made prior to
and be effective as of the Closing.

          (b) Each Group Company has all material approvals, permits, licenses and any similar authority
necessary for the conduct of its business as currently conducted, the absence of which would be
reasonably likely to have a Material Adverse Effect. None of the Group Companies is in default
under any of such approvals, permits, licenses or other similar authority, nor is it in receipt of
any letter or notice from any relevant authority notifying revocation of any such approvals,
permits or licenses issued to it for non-compliance or the need for compliance or remedial actions
in respect of the activities carried out directly or indirectly by such Group Company. In respect
of approvals, licenses or permits requisite for the conduct of any part of the business of the
Domestic Enterprise or the PRC Subsidiary which are subject to periodic renewal, none of the
Covenantors has any reason to believe that such requisite renewals will not be granted by the
relevant PRC authorities. The Founders have obtained any and all necessary approvals and
authorizations from relevant governmental or regulatory authority and have fulfilled any and all
necessary registration requirements with relevant governmental or regulatory authority with respect
to their investments in the Company.

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          (c) No Group Company has received any written notice from any Governmental Authority
regarding (i) any actual, alleged or likely material violation of, or material failure to comply
with, any applicable law, or (ii) any actual, alleged or likely material obligation on the part of
any Group Company to undertake, or to bear all or any portion of the cost of, any remedial action
of any nature.

          (d) There are no Actions or claims against any Group Company alleging a violation of
applicable law regarding bribery, kickback or similar unlawful payments made to any public official
by the Company or any Group Company, or any facts or circumstances which could reasonably be
expected to give rise to such Action or claims. Additionally, no Group Company, nor any director,
officer or employee, or any other person authorized by a Group Company to act for or on behalf of
such Group Company, has established or maintained any fund or assets in which any Group Company
shall have proprietary rights that have not been recorded in the books and records of such Group
Company.

          (e) During the previous five (5) years, no Founder has been (i) subject to voluntary or
involuntary petition under any applicable bankruptcy laws or any applicable insolvency law or the
appointment of a manager, receiver, or similar officer by a court for his business or property;
(ii) convicted in a criminal proceeding or named as a subject of a pending criminal proceeding
(excluding traffic violations and other minor offences); (iii) subject to any order, judgment, or
decree (not subsequently reversed, suspended, or vacated) of any court of competent jurisdiction
permanently or temporarily enjoining him from engaging, or otherwise imposing limits or conditions
on his engagement in any securities, investment advisory, banking, insurance, or other type of
business or acting as an officer or director of a public company; or (iv) found by a court of
competent jurisdiction in a civil action or by any regulatory organization to have violated any
applicable securities, commodities or unfair trade practices law whatsoever, which such judgment
or finding has not been subsequently reversed, suspended, or vacated.

     2.9 Compliance with Other Instruments and Agreements. None of the Group Companies is
in, nor shall the conduct of its business as currently or proposed to be conducted result in,
violation, breach or default of any term of its constitutional documents of the respective Group
Company which may include, as applicable, memoranda and articles of association, by-laws, joint
venture contracts, feasibility studies for the PRC Subsidiary or the Domestic Enterprise and the
like (the “Constitutional Documents”), or of any term or provision of any mortgage, indenture,
contract, agreement or instrument to which the Group Company is a party or by which it may be
bound, (the “Group Company Contracts”) or of any provision of any judgment, decree, order, statute,
rule or regulation applicable to or binding upon the Group Company. None of the activities,
agreements, commitments or rights of any Group Company is ultra vires or unauthorized. The
execution, delivery and performance of and compliance with this Agreement, the Restated
Shareholders Agreement and other Transaction Agreements and the consummation of the transactions
contemplated hereby and thereby will not result in any such violation, breach or default, or be in
conflict with or constitute, with or without the passage of time or the giving of notice or both,
either a default under any Group Company’s Constitutional Documents or any Group Company Contract,
or, to the best knowledge of each Group Company and each Founder, a violation of any statutes,
laws, regulations or orders, or an event which results in the creation of any lien, charge or
encumbrance upon any asset of any Group Company.

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     2.10 Disclosure. Each Covenantor has fully provided the Investors with all the
information that the Investors have reasonably requested for deciding whether to purchase the
Purchased Shares and all information that each Group Company and the Founders believe is reasonably
necessary to enable the Investors to make such decision. No representation or warranty by the
Covenantors in this Agreement and no information or materials provided by the Covenantors to the
Investors in connection with the negotiation or execution of this Agreement or any agreement
contemplated hereby contains any untrue statement of a material fact, or omits to state any
material fact required to be stated therein or necessary in order to make the statements therein,
in light of the circumstances in which they are made, not misleading.

     2.11 Registration Rights. Except as provided in the Restated Shareholders
Agreement, no Group Company has granted or agreed to grant any person or entity any registration
rights (including piggyback registration rights) with respect to, nor is the Company obliged to
list, any securities of a Group Company on any securities exchange. Except as contemplated under
this Agreement and the Restated Shareholders Agreement, there are no voting or similar agreements
which relate to any of the Group Companies’ securities.

     2.12 Insurance. Each of the Group Companies has obtained and maintained business
interruption and other insurance consistent with industry practice.

     2.13 Accounting. Each of the Group Companies maintains and will continue to maintain
a standard system of accounting established and administered in accordance with the relevant
accounting principle and will maintain a standard system of accounting established and administered
in conformity with PRC GAAP.

     2.14 Tax Matters.

          (a) There have been no examinations or audits of any tax returns or reports by any applicable
governmental agency. Each Group Company has duly filed all tax returns required to have been filed
by it and paid all taxes shown to be due on such returns. None of the Group Companies is subject to
any waivers of applicable statutes of limitations with respect to taxes for any year. Each Group
Company has duly withheld individual income taxes and adequately paid mandatory contributions to
the statutory welfare or social security funds on behalf of all its employees in material
compliance with the applicable regulations in each respective jurisdiction such that there shall be
no material default or underpayment in respect of individual income taxes and mandatory
contributions to the statutory social security funds. Since its formation, none of the Group
Companies has incurred any taxes, assessments or governmental charges other than in its ordinary
course of business and each Group Company has made adequate provisions on its books of account for
all taxes, assessments and governmental charges with respect to its business, properties and
operations for such period.

          (b) No Group Company is, or will be immediately after Closing, a “Controlled Foreign
Corporation” (“CFC”) as defined in the Internal Revenue Code of 1986, as amended (or any successor
thereto) (the “Code”) with respect to the shares held by Investor. No Group Company is, or will
be immediately after Closing, a “passive foreign investment company” within the meaning of Section
1297 of the Code. Each Group Company shall take such actions, including making an election to be
treated as a corporation

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or refraining from making an election to be treated as a partnership, as may be required to ensure
that at all times, each Group Company is treated as a corporation for United States federal income
tax purposes. In the event that a Investor’s interest in any Group Company is determined by
counsel or accountants for such Investor to be subject to the reporting requirements of either or
both of Sections 6038 and 6038B, each Group Company agrees, upon a request from such Investor, to
provide such information to such Investor as may be necessary to fulfill such Investor’s
obligations thereunder.

     2.15 Interested Party Transactions.

          (a) No Founder or officer or director of a Group Company or any Affiliate or Associate of any
such person has any agreement, understanding, proposed transaction with, or is indebted to, any
Group Company, nor is any Group Company indebted (or committed to make loans or extend or guarantee
credit) to any of them (other than for accrued salaries, reimbursable expenses or other standard
employee benefits). No Founder has any direct or indirect ownership interest in any firm or
corporation with which any of the Group Company is affiliated or with which any Group Company has a
business relationship, or any firm or corporation that competes with any Group Company, except that
any such Founder may have record ownership interest in the Company or own shares in publicly traded
companies that may compete with the Group Companies.

          (b) No shareholder or officer or director of a Group Company or any Affiliate or Associate of
any such person has had, either directly or indirectly, a material interest in: (a) any person or
entity which purchases from or sells, licenses or furnishes to the a Group Company any goods,
property, intellectual or other property rights or services; or (b) any contract or agreement to
which a Group Company is a party or by which it may be bound or affected. For purpose of this
Agreement, an “Affiliate” shall mean (a) in relation to any individual, such individual’s spouse,
parents, children, siblings, mother-in-law and father-in-law and brothers- and sisters-in-law or
any entity controlled by the individual (and in the case of the Founders, whether by himself or
together with other Founders), where “control” shall mean the power to direct the management and
policies or appoint or remove members of the board of directors or any governing body of the
entity, directly or indirectly, whether through the ownership of voting securities, contract or
otherwise, and “controlled” shall be construed accordingly; (b) in relation to any legal person, a
company which is for the time being a holding company of such legal person, or a Subsidiary of such
legal person or of such holding company, and an “Associate” shall mean with respect to any person,
(1) a corporation or organization (other than the Group Companies) of which such person is an
officer or partner or is, directly or indirectly, the beneficial owner of 10 percent or more of any
class of equity securities, (2) any trust or other estate in which such person has a substantial
beneficial interest or as to which such person serves as trustee or in a similar capacity, or (3)
any relative or spouse of such person, or any relative of such spouse, who has the same home as
such person.

     2.16 Minute Books. The internal records of each Group Company contain a complete
summary of all material meetings and actions taken by directors and equity interest holders of such
Group Company since its time of formation, and reflect all transactions referred to in such minutes
accurately in all material respects.

     2.17 Government Filings.

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          (a) All filings and registrations with the PRC authorities required in respect of the Domestic
Enterprise and the PRC Subsidiary and their respective operations, including but not limited to the
registrations with the State Administration of Industry and Commerce, the State Administration of
Foreign Exchange, the Ministry of Information Industry, tax bureau, customs authorities,
product registration authorities, and labor authorities have been duly completed in accordance
with the relevant rules and regulations.

          (b) The registered capital of the Domestic Enterprise and the PRC Subsidiary has been fully
paid up in accordance with the schedule of payment stipulated in its respective articles of
association, approval document, certificate of approval and legal person business license
(hereinafter referred to as the “Establishment Documents”) and in compliance with applicable PRC
laws and regulations, and there is no outstanding capital contribution commitment.

          (c) The Establishment Document of the Domestic Enterprise and the PRC Subsidiary have been
duly approved in accordance with the laws of the PRC and are valid and enforceable. The business
scope specified in the Establishment Documents of the Domestic Enterprise and the PRC Subsidiary
complies with the requirements of all applicable PRC laws. The operation and conduct of the
business by and the term of operation of the Domestic Enterprise and the PRC Subsidiary in
accordance with the Establishment Documents is in compliance with the applicable PRC laws.

          (d) Each of the Domestic Enterprise and the PRC Subsidiary has passed its annual inspection by
the relevant governmental authorities for its operation in the last three years (where applicable),
and the relevant administration for industry and commerce has affixed an annual inspection chop on
its business license.

3. REPRESENTATIONS AND WARRANTIES OF THE INVESTORS

     Each Investor severally, but not jointly, hereby represents and warrants to the
Company in respect of itself, as of the date hereof and the Closing hereunder, as follows:

     3.1 Authorization. The Investor has all requisite power, authority and capacity to
 enter into this Agreement, and to perform its obligations under this Agreement. This Agreement has
been duly authorized, executed and delivered by the Investor. This Agreement, when executed and
delivered by the Investor, will constitute valid and legally binding obligations of the Investor,
subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, moratorium,
reorganization and similar laws affecting creditors’ rights generally and to general equitable
principles.

     3.2
Purchase for Own Account. The Series C-1 Shares and the Conversion Shares will be
acquired by the Investor for its own account, not as a nominee or agent, and not with a view to or
in connection with the sale or distribution of any part thereof.

     3.3
Exempt from Registration; Restricted Securities. The Investor understands that
the Purchased Shares and the Conversion Shares will not, when issued, be registered under the
Securities Act or registered or listed publicly pursuant to any other applicable securities laws
and regulations, on the ground that the sale provided for in this Agreement is exempt from
registration under the Securities Act or the registration or listing requirements of any other
applicable securities laws and regulations, and that the reliance of the Company on

11

 

such exemption is predicated in part on such Investor’s representations set forth in this
Agreement. The Investor understands that the Purchased Shares and the Conversion Shares are
restricted securities within the meaning of Rule 144 under the Securities Act and that the
Purchased Shares and the Conversion Shares are not registered or listed publicly and must be held
indefinitely unless they are subsequently registered or listed publicly or an exemption from such
registration or listing is available.

     3.4 Disclosure of Information. The Investor has had an opportunity to discuss the
Company’s business, management, financial affairs and the terms and conditions of the offering of
the Purchased Shares with the Company’s management and has had an opportunity to review the
Company’s facilities. The foregoing, however, does not limit or modify the representations and
warranties of the Company in Section 2 of this Agreement or the right of the Investors to
rely thereon.

4. COVENANTS OF THE GROUP COMPANIES AND THE FOUNDERS

     Each of the Covenantors jointly and severally covenants to each of the Investors as follows:

     4.1 Use of Proceeds from Capital Contribution by the Investors. The proceeds from
the issuance of the Purchased Shares hereunder shall be used to meet the Company’s business
expansion, capital expenditures and general working capital needs.

     4.2 Employment Agreement, Confidentiality, Non-compete and Non-solicitation and Invention
Assignment Agreements. The key employees of the Group Companies identified in Exhibit
D hereto (the “Key Employees”) shall enter into an employment agreement, a confidentiality and
invention assignment agreement and a non-compete and non-solicitation agreement with a Group
Company in such form and substance as approved by the board of directors of the Company (the
“Board”).

     4.3 Compliance.

          (a) Each of the Founders shall, at his expense, fully comply, and shall cause other persons
that acquires any securities of the Company in the future, if applicable, to fully comply, with all
requirements under the applicable PRC laws and regulations with respect to their direct or indirect
holding of the Common Shares or other securities in the Company, on a continuing basis, including,
but not limited to receiving all approval, consents and permits from and fulfilling the reporting
requirements with the SAFE or its competent local branch, in a timely manner, as required under
Circular 75.

          (b) Each Group Company shall obtain and maintain in full force and effect on a continuing
basis all approvals, registrations, permits, licenses and any similar authority necessary for the
conduct of its business as currently conducted, the absence of which would have a Material Adverse
Effect.

     4.4 Notice of Breach. The Covenantors undertake to promptly give notice to the
Investors if the Covenantors becomes aware after the Closing that any one of them was in breach of
any representation or warranty at the time made or at the Closing.

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     4.5 Conversion. The Company covenants to at all times reserve sufficient Common
Shares or, if the reservation is insufficient, to take all actions necessary to authorize such
additional Common Shares, for issuance upon conversion of all
Series C-1 Shares.

     4.6 Fulfillment of Closing Conditions. Each Covenantor shall use its best efforts to
fulfill all closing conditions contained in Section 6 of this Agreement

     4.7 Stock Option Plan. Without the approval of the Series A Director, the Series B
Director and the Series C Director, the Company shall not, directly or indirectly, (i) issue any
Common Shares, share options or other forms of equity of the Company to employees, directors or
consultants except Common Shares reserved pursuant to the ESOP or any award agreement between the
Company and any employees, directors or consultants regarding grant of any options under the ESOP.

     4.8 Assignment of Certain Business Contracts. The PRC Subsidiary shall not be engaged
in any value-added telecommunication business or other industries or services in which a wholly
foreign owned enterprise is not legally permitted or authorized to be engaged under the applicable
PRC laws, and, to the extent applicable, all contracts and agreements entered into by the PRC
Subsidiary and any other person that are related to any value-added telecommunication business
shall be terminated or amended to the satisfaction of the Investors.

     4.9 Board of Directors. The Board shall have been re-constituted in accordance with
the Restated Articles and the Restated Shareholders Agreement on or prior to the Closing, and, as
soon as practicable and no later than the thirtieth (30th) day after the Closing Date,
the board of directors of each of the PRC Subsidiary and the Domestic Enterprise shall be
established or re-constituted in accordance with Section 1.3 of the Restated Shareholders
Agreement and duly filed with the relevant registration authority of the PRC.

5. CONDITIONS TO THE OBLIGATIONS OF THE COMPANY AT THE CLOSING

     The obligations of the Company under this Agreement are subject to the fulfillment, to the
satisfaction of the Company on or prior to the Closing (unless otherwise specified), or waiver by
the Company of the following conditions:

     5.1 Representations and Warranties True and Correct. The representations and
warranties made by the Investors in Section 3 hereof shall be true and correct in all
material respects as of the date of this Agreement and the Closing Date (except (i) to the extent
any such representations and warranties expressly relate to an earlier date, in which case such
representations and warranties shall be so true, complete, and accurate on and as of such earlier
date; and (ii) those representations and warranties qualified by “Material Adverse Effect” which
shall be true and accurate in all respects) with the same force and effect as if they had been made
on and as of such date, subject to changes contemplated by this Agreement.

     5.2 Execution of the Restated Shareholders Agreement and Restated Voting Agreement.
The Investors shall have executed and delivered to the Company the Third Amended and Restated
Shareholders Agreement, substantially in the form attached hereto as Exhibit E (the
“Restated Shareholders Agreement”) and the Third Amended and Restated Voting Agreement,
substantially in the form attached hereto as Exhibit F (the “Restated Voting Agreement”).

13

 

6. CONDITIONS TO INVESTORS’ OBLIGATIONS AT THE CLOSING

     The obligations of each Investor under this Agreement at the Closing are subject to
the fulfillment, to its respective satisfaction, at or before the Closing, or waiver by such
Investor, of the conditions as set forth below.

     6.1 Representations and Warranties True and Correct. The representations and
warranties of each of the Covenantors contained in Section 2 shall be true and correct in
all material respects as of the date of this Agreement and the Closing Date (except (i) to the
extent any such representations and warranties expressly relate to an earlier date, in which case
such representations and warranties shall be so true, complete, and accurate on and as of such
earlier date; and (ii) those representations and warranties qualified by “Material Adverse Effect”
which shall be true and accurate in all respects) with the same force and effect as if they had
been made on and as of such date, subject to changes contemplated by this Agreement.

     6.2 Performance of Obligations. Each of the Covenantors shall have performed and
complied with all covenants, agreements, obligations and conditions contained in the Transaction
Agreements that are required to be performed, accomplished or complied with by it on or before the
Closing.

     6.3 Proceedings and Documents. All corporate and other proceedings in
connection with the transactions contemplated hereby and all documents and instruments incident to
such transactions to be passed, executed and/or delivered by the Covenantors shall be satisfactory
in substance and form to the Investors, and the Investors shall have received all such counterpart
originals or certified or other copies of such documents as it may reasonably request. The Group
Companies shall have performed and complied with all covenants, agreements, obligations and
conditions contained in the Transaction Agreements that are required to be performed or complied
with by such Group Companies on or before the Closing.

     6.4 Consents and Waivers. The Covenantors shall have obtained any and all consents
and waivers necessary for consummation of the transactions contemplated by the Transaction
Agreements, including, but not limited to, (i) all permits, authorizations, approvals, consents or
permits of any governmental authority or regulatory body, and (ii) the waiver by the existing
shareholders of the Company of any anti-dilution rights, rights of first refusal, pre-emptive
rights, consent rights and all similar rights that may exist in connection with the issuance of the
Series C-1 Shares.

     6.5
Securities Exemptions. The allotment and the issuance of the Series C-1 Shares
to the Investors pursuant to this Agreement and the issuance of the Conversion Shares shall be
exempt from the registration and/or qualification requirements of all applicable securities laws.

     6.6 Amendment to Constitutional Documents. The Restated Articles shall have been
duly adopted by the Company by all necessary corporate action of its shareholders.

     6.7 Board of Directors. The Board shall have been re-constituted in accordance with
the Restated Articles and the Restated Shareholders Agreement and an updated register of directors,
certified by a director of the Company as true and complete as of the date of the

14

 

Closing, updated to reflect the re-constitution of the Board as above shall have been provided to
the Investors.

     6.8 Restated Shareholders Agreement and Restated Voting Agreement. The Group
Companies and the Founders, as applicable, shall have executed and delivered the Third Restated
Voting Agreement and the Restated Shareholders Agreement.

     6.9 Employment Agreement. Each Key Employee of each Group Company identified in
Exhibit D shall have entered into an Employment Agreement with a Group Company in such
form and substance satisfactory to the Investors.

     6.10
Confidentiality and Invention Assignment Agreement; Non-compete and Non-solicitation Agreement. Each Key Employee of the Group Companies identified in Exhibit D
shall have entered into a Confidentiality and Invention Assignment Agreement and a Non-compete and Non-solicitation Agreement with a Group Company in such form and substance
satisfactory to the Investors.

     6.11 No Material Adverse Effect. No event, circumstance or change shall have
occurred that, individually or in the aggregate with one or more other events, circumstances or
changes, have had or reasonably could be expected to have a Material Adverse Effect on any Group
Company or any subsidiary or Affiliate of any Group Company since the date of this Agreement.

     6.12 Government Approval (applicable to H.T.C. (B.V.I.) CORP. only). H.T.C.
(B.V.I.) CORP. has obtained all the government approvals required in Taiwan for its investment in
the Company as contemplated hereunder.

7. INDEMNITY.

     7.1 The Founders, the Founders’ Holdco and the Domestic Enterprise (each, an
“Indemnitor”) shall jointly and severally, indemnify the Investors for any losses, liabilities,
damages, liens, penalties, costs and expenses, including reasonable advisor’s fees and other
reasonable expenses of investigation and defense of any of the foregoing (but excluding any
consequential, speculative or punitive damages), incurred by Investors as a result of any breach or
violation of any representation or warranty made by any Indemnitor, or any breach by any Indemnitor
of any covenant or agreement contained herein or in any of the other Transaction Agreements (an
“Indemnifiable Loss”). If an Investor believes that it has a claim that may give rise to an
indemnity obligation hereunder, it shall give prompt notice thereof to the Company stating
specifically the basis on which such claim is being made, the material facts related thereto, and
the amount of the claim asserted; provided that in any event any such notice with respect
to the breach of any covenant shall be given on a timely basis.

     7.2 Notwithstanding the foregoing, the Domestic Enterprise, the Founders’ HoldCo and the
Founders shall, jointly and severally, indemnify and keep indemnified the Investors at all times
and hold them harmless against any claim for tax which has been made or may hereafter be made
against any Group Company wholly or partly in respect of or in consequence of any event occurring
or any income, profits or gains earned, accrued or received by any Group Company on or before the
Closing and any reasonable costs, fees or expenses incurred and other liabilities which any Group
Company may properly incur in connection with the investigation, assessment or the contesting of
any claim, the settlement of any claim for tax, any legal proceedings in which the Domestic
Enterprise claims in respect of the claim for tax

15

 

and in which an arbitration award or judgment is given for the Group Company and the enforcement
of any such arbitration award or judgment whether or not such tax is chargeable against or
attributable to any other person. The statute of limitation for any indemnity obligation relating
to claims for tax matters arising under this Section 7.2 shall be the applicable statue of
limitations for tax claims.

     7.3 In the event that the Investors suffer an Indemnifiable Loss and the Founders, the
Founders’ HoldCo and/or the Domestic Enterprise are unable to fulfill their obligations to
indemnify the Investors for the full amount of such Indemnifiable Loss within ninety (90) days of
receipt of written notice thereof from the Investors, then, upon claim of the Investors suffering
an Indemnifiable Loss, the Company shall indemnify such Investors for the full amount of such
Indemnifiable Loss as though an Indemnitor. Any indemnification provided by the Company pursuant to
this Section 7.3 shall not prejudice or otherwise affect the right of the Investors to seek
indemnification from the Founders, the Founders’ HoldCo and the
Domestic Enterprise; provided,
however, that to the extent the Investors are able to recover any Indemnifiable Loss from the
Founders, the Founders’ HoldCo and/or the Domestic Enterprise, the Company shall not be obligated
to indemnify the Investors with respect to such amount.

     7.4 Notwithstanding the foregoing, the maximum amount of the indemnity obligation of the
Indemnitors under this Section 7 shall be limited to the aggregate subscription price paid by the
Investors.

8. MISCELLANEOUS

     8.1 Governing Law. Except with respect to the references in this Agreement to the
Securities Act, this Agreement shall be governed by and construed exclusively in accordance with
the internal laws of the State of California without giving effect to any choice of law rule that
would cause the application of the laws of any jurisdiction other than the internal laws of the
State of California to the rights and duties of the parties hereunder.

     8.2 Successors and Assigns. Except as otherwise expressly provided herein, the
provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns,
heirs, executors and administrators of the parties hereto whose rights or obligations hereunder
are affected by such amendments. This Agreement and the rights and obligations herein may be
assigned by an Investor to its Affiliate without the written consent of any other parties hereto.
This Agreement and the rights and obligations herein may not be assigned by any of the Covenantors
without the written consent of the Investors.

     8.3 Entire Agreement. This Agreement and any other Transaction Agreement and the
schedules and exhibits hereto and thereto, which are hereby expressly incorporated herein by this
reference constitute the entire understanding and agreement between the parties with regard to the
subjects hereof and thereof; provided,  however, that nothing in this Agreement or related
agreements shall be deemed to terminate or supersede the provisions of any confidentiality and
nondisclosure agreements executed by the parties hereto prior to the date hereof, which agreements
shall continue in full force and effect until terminated in accordance with their respective
terms.

     8.4 Notices. Except as may be otherwise provided herein, all notices, requests,
waivers and other communications made pursuant to this Agreement shall be in writing and

16

 

shall be conclusively deemed to have been duly given (a) when hand delivered to the other party,
upon delivery; (b) when sent by facsimile at the number set forth in Exhibit G hereto,
upon receipt of confirmation of error-free transmission; (c) seven (7) business days after deposit
in the mail as air mail or certified mail, receipt requested, postage prepaid and addressed to the
other party as set forth in Exhibit G; or (d) three (3) business days after deposit with
an overnight delivery service, postage prepaid, addressed to the parties as set forth in
Exhibit H with next business day delivery guaranteed, provided that the sending
party receives a confirmation of delivery from the delivery service provider.

     Each person making a communication hereunder by facsimile shall promptly confirm by telephone
to the person to whom such communication was addressed each communication made by it by facsimile
pursuant hereto but the absence of such confirmation shall not affect the validity of any such
communication. A party may change or supplement the addresses given above, or designate additional
addresses, for purposes of this Section 8.4 by giving, the other party written notice of
the new address in the manner set forth above.

     8.5 Amendments and Waivers. Any term of this Agreement may be amended only with the
written consent of all parties hereto. Any amendment or waiver effected in accordance with this
Section 8.5 shall be binding upon all of the parties hereto, and their respective assigns.

     8.6 Delays or Omissions. No delay or omission to exercise any right, power or remedy
accruing to any party hereto, upon any breach or default of any other party hereto under this
Agreement, shall impair any such right, power or remedy of such former party nor shall it be
construed to be a waiver of any such breach or default, or an acquiescence therein, or of any
similar breach of default thereafter occurring. Any waiver, permit, consent or approval of any
kind or character on the part of any party hereto of any breach of default under this Agreement or
any waiver on the part of any party hereto of any provisions or conditions of this Agreement, must
be in writing and shall be effective only to the extent specifically set forth in such writing. All
remedies, either under this Agreement, or by law or otherwise afforded to the parties hereto shall
be cumulative and not alternative.

     8.7 Interpretation; Titles and Subtitles. This Agreement shall be construed
according to its fair language. The rule of construction to the effect that ambiguities are to be
resolved against the drafting party shall not be employed in interpreting this Agreement. The
titles of the sections and subsections of this Agreement are for convenience of reference only and
are not to be considered in construing this Agreement. Unless otherwise expressly provided
herein, all references to Sections and Exhibits herein are to Sections and Exhibits of this
Agreement.

     8.8 Counterparts; Facsimile. This Agreement may be executed by facsimile signature
and in any number of counterparts, each of which shall be an original, but all of which together
shall constitute one instrument.

     8.9 Severability. If any provision of this Agreement is found to be invalid or
unenforceable, then such provision shall be construed, to the extent feasible, so as to render the
provision enforceable and to provide for the consummation of the transactions contemplated
hereby on substantially the same terms as originally set forth herein, and if no feasible
interpretation would save such provision, it shall be severed from the remainder of this Agreement,
which shall remain in full force and effect unless the severed provision is

17

 

essential to the rights or benefits intended by the parties. In such event, the parties shall use
best efforts to negotiate, in good faith, a substitute, valid and enforceable provision or
agreement which most nearly effects the parties’ intent in entering into this Agreement.

     8.10 Further Assurances. Each party shall from time to time and at all times
hereafter make, do, execute, or cause or procure to be made, done and executed such further acts,
deeds, conveyances, consents and assurances without further consideration, which may reasonably be
required to effect the transactions contemplated by this Agreement.

     8.11 Dispute Resolution.

          (a) Negotiation Between Parties. The parties agree to negotiate in good faith to
resolve any dispute between them regarding this Agreement. If the negotiations do not resolve the
dispute to the reasonable satisfaction of all parties within thirty (30) days, subsection (b) below
shall apply.

          (b) Arbitration. In the event the parties are unable to settle a dispute between
them regarding this Agreement in accordance with subsection (a) above, such dispute shall be
referred to and finally settled by arbitration at the Hong Kong International Arbitration Centre
under the Rules of Conciliation and Arbitration of the International Chamber of Commerce at the
arbitral situs of Hong Kong (the “ICC Rules”) in effect, which rules are deemed to be incorporated
by reference into this subsection (b) The arbitration tribunal shall consist of three (3)
arbitrators to be appointed according to the ICC Rules. The language of the arbitration shall be
English. The parties understand and agree that this provision regarding arbitration shall not
prevent any party from pursuing preliminary equitable or injunctive relief in a judicial forum
pending arbitration in order to compel another party to comply with this provision, to preserve the
status quo prior to the invocation of arbitration under this provision, or to prevent or halt
actions that may result in irreparable harm. A request for such equitable or injunctive relief
shall not waive this arbitration provision. The arbitrators shall decide any dispute submitted by
the parties to the arbitration strictly in accordance with the substantive law of the State of
California and shall not apply any other substantive law. Each party hereto shall cooperate with
the other in making full disclosure of and providing complete access to all information and
documents requested by the other in connection with such arbitration proceedings, subject only to
any confidentiality obligations binding on such party. The award of the arbitration tribunal
shall be final and binding upon the disputing parties, and either party may apply to a court of
competent jurisdiction for enforcement of such award.

     8.12 Confidentiality.

          (a) Disclosure of Terms. The terms and conditions of the Transaction Agreements, any
term sheet or memorandum of understanding entered into pursuant to the transactions contemplated
hereby, all exhibits and schedules attached hereto and thereto, and the transactions contemplated
hereby and thereby (collectively, the “Transaction Terms”), including their existence, shall be
considered confidential information and shall not be disclosed by any party hereto to any third
party except as permitted in accordance with the provisions set forth below.

          (b) Permitted Disclosures. Notwithstanding the foregoing, the Company may disclose
(i) the existence of the investment to its bona fide prospective investors,

18

 

employees, bankers, lenders, accountants, legal counsels and business partners, or to any person or
entity to which disclosure is approved in writing by the Investors, such approval not to be
unreasonably withheld; and (ii) the Transaction Terms to its current shareholders, employees,
bankers, lenders, accountants and legal counsels, in each case only where such persons or entities
are under appropriate nondisclosure obligations substantially similar to those set forth in this
Section 8.12, or to any person or entity to which disclosure is approved in writing by the
Investors, which such approval is not to be unreasonably withheld. The Investors may disclose (i)
the existence of the investment and the Transaction Terms to any Affiliate, partner, limited
partner, former partner, potential partner or potential limited partner of the Investors or other
third parties and (ii) the fact of the investment to the public, in each case as it deems
appropriate in its sole discretion. Any Party hereto may also provide disclosure in order to comply
with applicable laws, as set forth in Subsection (c) below.

          (c) Legally Compelled Disclosure. In the event that any Party is requested or becomes
legally compelled (including without limitation, pursuant to any applicable tax, securities, or
other laws and regulations of any jurisdiction) to disclose the existence of this Agreement or
content of any of the Transaction Terms, such party (the “Disclosing Party”) shall provide the
other parties with prompt written notice of that fact and shall consult with the other parties
regarding such disclosure. At the request of another party, the Disclosing Party shall, to the
extent reasonably possible and with the cooperation and reasonable efforts of the other parties,
seek a protective order, confidential treatment or other appropriate remedy. In any event, the
Disclosing Party shall furnish only that portion of the information that is legally required and
shall exercise reasonable efforts to obtain reliable assurance that confidential treatment will be
accorded such information.

          (d) Other Exceptions. Notwithstanding any other provision of this Section
8.12, the confidentiality obligations of the parties shall not apply to: (i) information which
a restricted party learns from a third party having the right to make the disclosure, provided the
restricted party complies with any restrictions imposed by the third party; (ii) information which
is rightfully in the restricted party’s possession prior to the time of disclosure by the protected
party and not acquired by the restricted party under a confidentiality obligation; or (iii)
information which enters the public domain without breach of confidentiality by the restricted
party.

          (e) Press Releases, Etc. No announcements regarding the Investors’ investment in
the Company may be made by any party hereto in any press conference, professional or trade
publication, marketing materials or otherwise to the public without the prior written consent of
the Investors and the Company, provided, that any such announcement made by any
partner, limited partner, bona fide potential partner or bona fide potential limited partner of the
Investors shall not be subject to the consent of the Company.

          (f) Other Information. The provisions of this Section 8.12 shall terminate and
supersede the provisions of any separate nondisclosure agreement executed by any of the Parties
with respect to the transactions contemplated hereby.

     8.13 No Finder’s Fees.

     Each the Group Company and the Founders represents that it neither is nor will be obligated
for any finder’s fee or commission in connection with this transaction and agrees to indemnify and
hold harmless each Investor from any liability for any commission or

19

 

compensation in the nature of a finder’s or broker’s fee arising out of this transaction (and the
costs and expenses of defending against such liability or asserted liability) for which the Group
Company or any of its officers, employees or representatives is responsible

     8.14 Fees and Expenses.

     The Company shall pay all reasonable costs and expenses incurred or to be incurred by the
Investors, which shall include all reasonable costs and expenses in conducting due diligence
investigations on the Group Companies and in preparing, negotiating and executing all
documentation, including all reasonable fees and expenses of any outside legal counsel,; provided
that the maximum aggregate amount to be reimbursed by the Company shall not exceed US$30,000.

     8.15 Attorney’s Fees.

     If any action at law or in equity (including arbitration) is necessary to enforce or interpret
the terms of any of the Transaction Agreements, the prevailing party shall be entitled to
reasonable attorney’s fees, costs and necessary disbursements in addition to any other relief to
which such party may be entitled.

     8.16 Effectiveness.

     Notwithstanding any of the provisions in this Agreement, this Agreement shall not be
effective for either GSR Ventures II, L.P. or GSR Associates II, L.P. (together, “GSR”) until the
signature pages of GSR are accompanied by a seal or chop of the general partner of GSR.

[Signature
pages to follow]

20

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	THE COMPANY:	 	 
	 
	 	 	 	 	 	 
	 	 	NETQIN MOBILE INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Yu Lin
 

Yu Lin
	 	 
	 

	 	Title:
	 	Chairman and Chief Executive Officer	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 
	 	INVESTORS:
	 
	 
	 	 	Ceyuan Ventures I, L.P.	 	 
	 

	 	By:
	 	Ceyuan
Ventures Management, LLC

	 

	 	Its:
	 	General
Partner

	 
	 

	 	By:
	 	/s/ Feng Bo 

	 	 	Executive Managing Director
	 	 
	 
	 	 	Ceyuan Ventures
Advisors Fund, LLC	 	 
	 
	 

	 	By:
	 	/s/ Feng Bo 

	 	 	Executive Managing Director
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

2

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  James Ding
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  James Ding
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Banean Holdings Ltd	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  Waiping Leong
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

3

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	ASIA VENTURES II L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Christopher Brealey
 

Christopher Brealey
	 	 
	 

	 	Title:
	 	Director	 	 
	 
	 	 	 	 	 	 
	 	 	By: Asia Partners II LP, its General Partner	 	 
	 
	 	 	 	 	 	 
	 	 	By: FIL Capital
Management Limited 
      
as General Partner	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

4

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P.	 	 
	 

	 	 	 	A Cayman Islands Exempted limited partnership	 	 
	 

	 	 	 	General Partner of Each	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SC China Holding Limited	 	 
	 

	 	 	 	A Cayman Islands limited liability company	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	Name:
	 	/s/ Jimmy Wong
 

Jimmy Wong
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-1 PREFERRED SHARE PURCHASE AGREEMENT

5

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	PACIFIC GROWTH VENTURES, L.P.	 	 
	 	 	By: Pacific Growth Advisors, LDC, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ben Yang
 

	 	 
	 

	 	Name:
	 	Ben Yang
 

Authorized Signatory
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

6

 

     IN
WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	H.T.C. (B.V.I.) CORP.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Cher Wang
 

	 	 
	 

	 	Name:
	 	Cher Wang	 	 
	 

	 	Title:
	 	Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

7

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above
written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	QUALCOMM Incorporated	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Quinn Li
 

Quinn Li
	 	 
	 

	 	Title:
	 	Senior Director, Ventures	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

8

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	CMC CAPITAL INVESTMENTS, L.P.	 	 
	 	 	By: Pacific Venture Group, LDC, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Chen-Wen Tarn
 

	 	 
	 

	 	Name:
	 	Chen-Wen Tarn
 

Authorized Signatory
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

9

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	MONTFORD CONSULTING LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Chen-Wen Tarn
 

	 	 
	 

	 	Name:
	 	Chen-Wen Tarn
 

Authorized Signatory
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

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     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P.

A Cayman Islands Exempted limited partnership
 General Partner of Each	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SC China Holding Limited

A Cayman Islands limited liability company 

Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	Name:
	 	/s/ Jimmy Wong
 

Jimmy Wong
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

11

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	FOUNDERS’ HOLDCO:	 	 
	 
	 	 	 	 	 	 
	 	 	RPL HOLDINGS LIMITED	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Yu Lin
 

Yu Lin
	 	 
	 

	 	Title:
	 	Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-l PREFERRED SHARE PURCHASE AGREEMENT

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     IN WITNESS WHEREOF, the parties hereto have caused their respective duly
authorized representatives to execute this Agreement as of the date and year first
above written.

	 	 	 	 	 
	 	DOMESTIC ENTERPRISE:
 

Beijing Netqin Technology Co., Ltd. (seal)

 
 	 
	 	By:  	/s/
Yu Lin
 	 
	 	Name: 	Yu Lin	 
	 	Title: 	Legal Representative	 
	 
	 	 	 	 	 
	 	PRC SUBSIDIARY:
 

NetQin Mobile (Beijing) Technology Co., Ltd (seal)

 
 
 	 
	 	By:  	/s/
Yu Lin
 	 
	 	Name: 	Yu Lin	 
	 	Title: 	Legal Representative	 
	 

SIGNATURE
PAGE OF NETQIN MOBILE’S SERIES C-1 PREFERRED SHARE PURCHASE AGREEMENT

13

 

          IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 

	 

	 	FOUNDERS:	 	 
	 
	 	 	 	 
	 

	 	/s/ Yu Lin
 

Yu Lin ()
	 	 
	 
	 	 	 	 
	 

	 	/s/ Wenyong Shi
 

Wenyong Shi ()
	 	 
	 
	 	 	 	 
	 

	 	/s/ Xu Zhou
 

Xu Zhou ()
	 	 

SIGNATURE PAGE OF NETQIN MOBILE’S SERIES C-1 PREFERRED SHARE PURCHASE AGREEMENT

14

 

LIST OF EXHIBITS

	 	 	 

	Exhibit A

	 	Schedule of Investors
	 
	 	 
	Exhibit B

	 	Schedule of Founders
	 
	 	 
	Exhibit C

	 	Form of Restated Articles
	 
	 	 
	Exhibit D

	 	List of Key Employees
	 
	 	 
	Exhibit E

	 	Form of Restated Shareholders Agreement
	 
	 	 
	Exhibit F

	 	Form of Restated Voting Agreement
	 
	 	 
	Exhibit G

	 	Notices

 

 

EXHIBIT A

Schedule
of Investors
 (Subsequent
Closing on December 8, 2010)

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Number of	 	 
	 	 	Number of	 	Purchased	 	 
	 	 	Purchased Shares	 	Shares at the	 	Aggregate
	 	 	at the Initial	 	Subsequent	 	Subscription
	Investors	 	Closing	 	Closing	 	Price (US$)
	Pacific Growth Ventures, L.P.
	 	 	1,039,478	 	 	 	 	 	 	US$	875,032.58	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sequoia Capital China I,
L.P.
	 	 	866,473	 	 	 	 	 	 	US$	729,396.97	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sequoia Capital China
Partners Fund I, L.P.
	 	 	99,563	 	 	 	 	 	 	US$	83,812.13	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sequoia Capital China
Principals Fund I, L.P.
	 	 	134,108	 	 	 	 	 	 	US$	112,892.11	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GSR Ventures II, L.P.
	 	 	2,421,944	 	 	 	 	 	 	US$	2,038,792.46	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	GSR Associates II, L.P.
	 	 	145,317	 	 	 	 	 	 	US$	122,327.85	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Banean Holdings Ltd
	 	 	52,393	 	 	 	 	 	 	US$	44,104.43	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Ceyuan Ventures I, L.P.
	 	 	1,815,320	 	 	 	 	 	 	US$	1,528,136.38	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Ceyuan Ventures
Advisors Fund, LLC
	 	 	81,566	 	 	 	 	 	 	US$	68,662.26	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Asia Ventures II L.P.
	 	 	464,975	 	 	 	 	 	 	US$	391,415.96	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	H.T.C. (B.V.I.) CORP.
	 	 	2,969,938	 	 	 	 	 	 	US$	2,500,093.81	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	QUALCOMM
Incorporated
	 	 	 	 	 	 	3,267,530	 	 	US$	2,750,606.75	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	CMC Capital Investments,
L.P.
	 	 	 	 	 	 	2,613,560	 	 	US$	2,200,095.12	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Montford Consulting Ltd.
	 	 	 	 	 	 	504,875	 	 	US$	425,003.78	 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Number of	 	 
	 	 	Number of	 	Purchased	 	 
	 	 	Purchased Shares	 	Shares at the	 	Aggregate
	 	 	at the Initial	 	Subsequent	 	Subscription
	Investors	 	Closing	 	Closing	 	Price (US$)
	Sequoia Capital China I, L.P.
	 	 	 	 	 	 	233,335	 	 	US$	196,421.40	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sequoia
Capital China Partners Fund I, L.P.
	 	 	 	 	 	 	26,812	 	 	US$	22,570.34	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sequoia Capital China Principals
Fund I, L.P.
	 	 	 	 	 	 	36,114	 	 	US$	30,400.77	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Total
	 	 	10,091,075	 	 	 	6,682,226	 	 	US$	14,119,765.10	 

 

 

EXHIBIT B 

Schedule of Founders

Founder

LIN YU
()

with the PRC ID Number of 352124197612060013

SHI
WENYONG ()

with the PRC ID Number of 352124197711280513

ZHOU XU
()

with the PRC ID Number of 110104690310301

 

 

EXHIBIT C 

Restated Articles

 

 

EXHIBIT D 

List of Key Employees

 

 

EXHIBIT E

Form of Restated Shareholders Agreement

 

 

EXHIBIT F

Form of Restated Voting Agreement

 

 

EXHIBIT G

Notices

To
Group Companies, Founders, and Founder’ HoldCo:

Building 4, 11 East Hepingli Street, Dongcheng District, Beijing, P.R.China, 100013

Fax: 8610-85655518

Tel: 8610-85655555
 Attention:
Wenyong Shi

To
Investors:

GSR

101 University Ave., 4F, Palo Alto, CA 94301, USA

Fax: +1-650-331-7301

Attention: James Ding

Sequoia Capital

Suite 2408, Air China Plaza,

36 Xiaoyun Road, Beijing, China, 100027

Fax: 8610-84475669

Attn: Shauna Xie

Ceyuan Ventures

Ceyuan Ventures I, L.P. / Ceyuan Ventures Advisors Fund, LLC

M&C Corporate Services Limited, Ugland House, P.O. Box 309GT, Grand Cayman, Cayman Islands

With a copy to:

No. 35 Qin Lao Hutong, Dongcheng District, Beijing, 100009 P.R.C.

Tel: 86 10 84028800

Fax: 86 10 84020999

Attention: Mr. Zhao Weiguo

Fidelity

Fidelity Asia Ventures Fund L.P. / Fidelity Asia Principals Fund L.P. / Asia Ventures II L.P.

C/O FIL Capital Management (Hong Kong) Limited

Suite 7013-7015, 70th Floor Two International Finance Center,

8 Finance Street Central, Hong Kong

Tel: 852-2629-2800 (main)/852-2629-2835(direct)

Fax: 852-2509-0371

Attn: Benson Tam, Partner

Pacific Growth Ventures, L.P.

Walker House, Mary Street, PO Box 265, Grand Cayman KY1-9001, Cayman Islands

Fax: +86-21-52925822

Attention: Ben Yang

H.T.C. (B.V.I.) CORP.

 

 

3rd Floor, Omar Hodge Building, Wickhams Cay I, P.O. Box 362, Road Town, Tortola,

British Virgin Islands

Phone: +886 3 375 3252 ext 6197

Email: yvonne_chen@htc.com

Attention: Ms. Yvonne Chenexv10w9

Exhibit 10.9

Loan Agreement

This Loan Agreement (this “Agreement”) dated June 5, 2007 is made in Beijing by and between:

	 	 	 
	Party A:

	 	NetQin Mobile (Beijing) Co., Ltd.
	 
	 	 
	Registered Address:

	 	Unit B-1328-1, Tower #1, Beijing Zhongguancun Software Park Incubator, Beijing
	 
	 	 
	Legal Representative:

	 	Lin Yu
	 
	 	 
	Party B:

	 	Lin Yu
	 
	 	 
	 

	 	ID No.: 352124197612060013
	 
	 	 
	 

	 	Address:, Grade-98 Post-graduate, 10 Western Tucheng Road, Haidian District, Beijing
	 
	 	 
	 

	 	Zhou Xu
	 
	 	 
	 

	 	ID No.:110104690310310
	 
	 	 
	 

	 	Address: Room 1601, Tower #1, 48 Huayuan North Road, Haidian District,
Beijing
	 
	 	 
	 

	 	Shi Wenyong
	 
	 	 
	 

	 	ID No.:352124197711280513
	 
	 	 
	 

	 	Address: Teachers’ Apartment Building, 5 Yiheyuan Road, Haidian District,
Beijing

(Collectively, the “Parties”)

WHEREAS

	1.	 	Party A (the “Lender”) is a wholly foreign owned company incorporated and registered in
Beijing;
	 
	2.	 	Party B (the “Borrower”) is the shareholder of Beijing NetQin Technology Co., Ltd.
(“Domestic-funded Company”), holding 100% equity of the Domestic-funded Company.

Through friendly negotiations, the Parties reach the agreement as follows for mutual compliance,:

1

 

In accordance with the terms and conditions set forth herein, the Lender agrees to provide, and the
Borrower agrees to accept, a loan in an total amount of RMB 6,122,500 (Lin Yu, Zhou Xu and Shi
Wenyong respectively holds 52%, 33% and 15% of the loan).

	1.	 	The Borrower agrees to use the above mentioned loan only for the Domestic-funded Company, or
helping the Domestic-funded Company to repay the liabilities arising from its business
operation.
	 
	 	 	The Borrower shall use such loan only for the purpose set forth in this Article, and shall
not use such loan for any other purpose, unless it has obtained the written consent in
advance from the Lender.
	 
	2.	 	Conditions precedent for the provision of loan by the Lender to the Borrower are:
	 
	2.1	 	The representations and warranties made by the Borrower in the Article 8 hereof are true,
complete, correct, and not misleading.
	 
	2.2	 	The Borrower does not breach any of its undertakings in the Article 9 and Article 10 hereof,
and there is no any event occurring or threatening to occur which will possibly influence the
Borrower’s performance of its obligations hereunder.
	 
	3.	 	The Lender agrees that, on condition that all the conditions precedent set forth in the
Article 2 hereof are satisfied or are waived by the Lender in writing, the Lender will
transfer the loan amount to the account designated by the Borrower in one lump sum. The
Borrower or its trustee shall issue the receipt to the Lender at the same day of receiving
such loan. The Parties hereby agree and confirm, the undertakings with respect to the loan
made by the Borrower under this Agreement are applicable to the Borrower or its designated
trustee.
	 
	4.	 	Each Party hereby agrees and confirms that the loan hereunder is a non-interest-bearing loan
unless otherwise specified herein.
	 
	5.	 	The term of loan hereunder is ten (10) years and may be extended by the Parties through a
written consent. During the term of loan of the extended term of loan, once the following
circumstance occurs, the loan provided by the Lender to the Borrower hereunder shall expire
early with immediate effect:

	 	(1)	 	The Borrower resigns from or is dismissed by the Lender or any affiliate of the
Lender; or
	 
	 	(2)	 	The Borrower is dead, becomes incapable for civil conduct, or has limited
capability in civil conduct; or
	 
	 	(3)	 	The Borrower commits a crime or is involved in a crime; or
	 
	 	(4)	 	Any other third party claims an amount exceeding RMB 100,000 from the Borrower.

	 	 	Once the term of loan expires, any Borrower (or its successor or assignee) shall immediately
return the amount borrowed by it to the Lender, or, with the Lender’s consent, transfer such
borrowed amount to any other shareholder of the Domestic-funded Company or the person

2

 

	 	 	designated by the Lender, and such Borrower’s rights and obligations hereunder shall
terminate at same time.

	6.	 	At the date hereof, the Lender represents and warrants to the Borrower:
	 
	6.1	 	The Lender is a duly registered and validly existing company;
	 
	6.2	 	The Lender has the power required for signing and performing this Agreement. The signature
and performance of this Agreement by the Lender comply with the Lender’s business scope and
the articles of association or other constitution documents of the Lender. The Lender has
obtained all necessary and appropriate approvals and authorizations for signature and
performance of this Agreement;
	 
	6.3	 	The signature and performance of this Agreement by the Lender do not violate any law or
regulation, governmental approval, authorization, notice or any other governmental document
binding upon or imposing any effect on it, nor breach any agreement entered into by and
between the Lender and any third party or any undertakings made by the Lender to any third
party; and
	 
	6.4	 	This Agreement will immediately constitute legally valid and enforceable obligations of the
Lender upon being signed.
	 
	7.	 	The Borrower represents and warrants to the Lender from the date hereof to the termination
hereof:
	 
	7.1	 	The Domestic-funded Company is a duly incorporated and validly existing company with limited
liabilities, and the Borrower is the lawful shareholder of the Domestic-funded Company;
	 
	7.2	 	The Borrower has the power required for signing and performing this Agreement. The signature
and performance of this Agreement by the Borrower comply with the articles of association or
other constitution documents of the Domestic-funded Company. The Borrower has obtained all
necessary and appropriate approvals and authorizations for signature and performance of this
Agreement;
	 
	7.3	 	The signature and performance of this Agreement by the Borrower do not violate any law or
regulation, governmental approval, authorization, notice or any other governmental document
binding upon or imposing any effect on it, nor breach any agreement entered into by and
between the Borrower and any third party or any undertakings made by the Borrower to any third
party; and
	 
	7.4	 	This Agreement will immediately constitute legally valid and enforceable obligations of the
Borrower upon being signed.
	 
	8.	 	Throughout the term of this Agreement, the Borrower undertakes that:
	 
	8.1	 	Without the prior written consent by the Lender, it will not, at the Shareholders’ Meeting of
the Domestic-funded Company, resolve to agree upon or support or sign any shareholders’
resolutions to approve, any sale, assignment, mortgage or disposal in any other way of, or
allow the creation of any other encumbrance on, any legal or beneficial interests with respect
to the equity of the Domestic-funded Company, except for those made for the Lender or any
person designated by the Lender;

3

 

	8.2	 	Without the prior written consent by the Lender, it will not, at the Shareholders’ Meeting of
the Domestic-funded Company, resolve to agree upon or support or sign any shareholders’
resolutions to approve, the merger or amalgamation between the Domestic-funded Company and any
other person, or the acquisition of or investment in any other person by the Domestic-funded
Company;
	 
	8.3	 	It will immediately notify the Lender of any litigation, arbitration or administrative
proceeding occurring or threatening to occur with respect to the equity of the Domestic-funded
Company;
	 
	8.4	 	For maintaining its shareholding in the Domestic-funded Company, it will sign, take,
initiate, and conduct all necessary or appropriate documents, actions, claims, or defense
against the claims;
	 
	8.5	 	Without the prior written consent by the Lender, it will not take any action and/or omission
which may possibly have any material influence on the assets, business and liabilities of the
Domestic-funded Company.
	 
	9.	 	The Borrower undertakes that, during the term hereof it will, as the legal shareholder of the
Domestic-funded Company, procure the Domestic-funded Company:
	 
	9.1	 	Without the prior written consent by the Lender, not to sell, assign, mortgage or dispose of
in any other way, or allow the creation of any other encumbrance on, the legal or beneficial
interests with respect to any asset, business or income of it, from the date hereof;
	 
	9.2	 	Without the prior written consent by the Lender, not incur, succeed, guarantee, or allow
existence of, any liability, however, except for (i) the liability arising from the normal or
daily business operation rather than by means of borrowing certain amount of money; and (ii)
the liability which has been disclosed to, and approved of by the Lender in writing;
	 
	9.3	 	To operate all of its business in course of business operation, to maintain the value of its
assets;
	 
	9.4	 	Without the prior written consent by the Lender, not to enter into any material contract (in
respect of this paragraph, the contract with a value exceeding one million RMB will be deemed
as a material contract), except for those entered into in course of normal business operation;
	 
	9.5	 	As requested by the Lender, to provide to the Lender with all materials in relation to its
operation and financial status;
	 
	9.6	 	Without the prior written consent by the Lender, not to merge or amalgamate with any other
person, or acquire or invest in any other person;
	 
	9.7	 	Will immediately notify the Lender of any litigation, arbitration or administrative
proceeding occurring or threatening to occur with respect to its assets, business or income.
	 
	10.	 	This Agreement inures only for the benefits of the Parties hereto, the successors and
permitted assignees of the Parties hereto, and is binding upon the above mentioned Parties.
Without the other Party’s prior written consent, neither Party shall not assign, pledge or
transfer in any other way, its rights, benefits or obligations hereunder.
	 
	11.	 	The conclusion, validity, interpretation, performance, amendment, termination of, and
resolution of disputes arising from, this Agreement shall be governed by laws of the PRC.
	 
	12.	 	Arbitration
	 
	12.1	 	Any dispute, controversy or claim arising from or in connection with this Agreement
(including the existence, validity or termination of this Agreement) shall be submitted to

4

 

	 	 	China International Trade and Economic Arbitration Commission (“CIETAC ”) for arbitration
according to its then effective rules and proceeding. The arbitral award is final and biding
upon the Parties. The arbitration shall be conducted in Beijing. The arbitration language is
English.

	12.2	 	The arbitral tribunal consists of three (3) arbitrators. Each Party appoints one (1)
arbitrator. The presiding arbitrator of arbitral tribunal shall be jointly appointed by both
Parties through negotiations. Should both Parties fail to reach consensus regarding the
appointment of the presiding arbitrator within twenty (20) days following the appointment of
its respective arbitrator, the Chairman of CIETAC shall appoint the presiding arbitrator.
	 
	13.	 	This Agreement becomes effective upon being signed, and becomes invalid once each Party
fulfills the performance of its obligations hereunder.
	 
	14.	 	This Agreement shall not be amended or changed unless consented by both Parties in writing.
Any issue not contemplated herein shall be supplemented by the Parties by signing respective
agreement in writing. Any amendment, change, supplemental to this Agreement as well as any
exhibit hereto, shall constitute an integral part of this Agreement.
	 
	15.	 	This Agreement constitutes an integral agreement between the Parties regarding the subject
matter hereof, and supersedes all previous oral discussion or written advices reached by the
Parties with respect to the above mentioned subject matter.
	 
	16.	 	This Agreement is severable. The invalidity or unenforceability of any term hereof does not
influence the validity or enforceability of any other term hereof.
	 
	17.	 	Each Party shall keep strictly confidential any confidential materials regarding the other
Party’s business, operation, financial status obtained by it through this Agreement or during
the performance of this Agreement.
	 
	18.	 	This Agreement is made in six (6) original copies, each Party holding one (1) copy. Each copy
has the same legal effect.

5

 

[Execution Page]

Party A: NetQin Mobile (Beijing) Co., Ltd.

Signature of Authorized Representative: /s/ Lin Yu

	 	 	 
	Party B:
	 	/s/ Lin Yu
	 
	 	 
	 
	 	 
	 
	 	/s/ Zhou Xu
	 
	 	 
	 
	 	 
	 
	 	/s/ Shi Wenyong

6

 

Agreement among Three Parties

	 	 	 
	This Agreement dated October 31, 2007 is made in Beijing by and among:
	 
	 	 
	Party A:

	 	Lin Yu
	 
	 	 
	 

	 	ID No.: 352124197612060013
	 
	 	 
	 

	 	Address:, Grade-98 Post-graduate, 10 Western Tucheng Road, Haidian District, Beijing
	 
	 	 
	 

	 	Zhou Xu
	 
	 	 
	 

	 	ID No.:110104690310310
	 
	 	 
	 

	 	Address: Room 1601, Tower #1, 48 Huayuan North Road, Haidian District,
Beijing
	 
	 	 
	 

	 	Shi Wenyong
	 
	 	 
	 

	 	ID No.:352124197711280513
	 
	 	 
	 

	 	Address: Teachers’ Apartment Building, 5 Yiheyuan Road, Haidian District,
Beijing
	 
	 	 
	Party B:

	 	Beijing NetQin Technology Co., Ltd.
	 
	 	 
	Address:

	 	Unit C-1322, Tower #1, Beijing Zhongguancun Software Park Incubator, Haidian District, Beijing
	 
	 	 
	Legal Representative:

	 	Lin Yu
	 
	 	 
	Party C:

	 	NetQin Mobile (Beijing) Co., Ltd.

(Collectively, the “Parties”)

Through friendly negotiations, the Parties agree as follows with respect to the rights of creditor

and obligations of debtor, for joint compliance:

	1.	 	As of October 31, 2007, the outstanding balance of money borrowed by Party A from Party B is
RMB 6,122,500, and the outstanding balance of money borrowed by Party B from Party C is RMB
15,285,397.50.
	 
	2.	 	Considering that the above mentioned amounts are related to the Loan Agreement by and between
Party A and Party C, under which the borrowed amount of money is RMB 6,122,500, Party C does
not need to directly pay the amount of loan to Party A, and Party B will pay the amount of
loan to Party A by setting off its borrowed amount from Party C. After setting-off, the
outstanding balance of money borrowed by Party B from Party C is RMB 9,162,897.50 and the
outstanding of balance of money borrowed by Party A from Party C is RMB 6,122,500.

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	3.	 	Confidentiality
	 
	 	 	The Parties agree that this Agreement and any part hereof fall into the scope of
confidential information. Without the other Parties’ consent, neither Party should disclose
this Agreement or any part hereof to any third party, unless otherwise required by laws,
regulations or regulatory authorities.
	 
	4.	 	Miscellaneous
	 
	4.1	 	The Agreement among Three Parties is governed by laws of the PRC.
	 
	4.2	 	Any issue not contemplated herein shall be supplemented by the Parties by signing respective
agreement in writing. The supplemental hereto has the same legal effect with this Agreement.
	 
	4.3	 	This Agreement is made in six (6) original copies, each Party holding one (1) copy.

[Execution Page]

	 	 	 
	Party A:

	 	/s/ Lin Yu
	 
	 	 
	 

	 	/s/ Zhou Xu
	 
	 	 
	 

	 	/s/ Shi Wenyong
	 
	 	 
	 
	 	 
	Party B:

	 	Beijing NetQin Technology Co., Ltd. (affixed with common seal of the company)
Signature by Authorized Representative: /s/ Lin Yu
	 
	 	 
	Party C:

	 	NetQin Mobile (Beijing) Co., Ltd. (Official company seal)

8

 

LOAN AGREEMENT

Between

LIN YU, ZHOU XU, SHI WENYONG

AS BORROWER

And

SEQUOIA CAPITAL CHINA I, L.P.;

SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.;

SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.

AS LENDERS

Dated March 16, 2007

King & Wood

40th Floor, Tower A, Beijing Fortune Plaza,

7 Dongsanhuan Zhonglu, Chaoyang,

Beijing, 100020, PRC

1

 

This LOAN AGREEMENT (this “Agreement”), dated March 16, 2007, is made in Beijing by and among:

LIN Yu, a citizen of the People’s Republic of China with ID No. 352124197612060013;

ZHOU Xu, a citizen of the People’s Republic of China with ID No. 110104196903103013;

SHI Wenyong, a citizen of the People’s Republic of China with ID No. 352124197711280513;

(Collectively, the “Borrowers”);

And

Sequoia Capital China I, L.P., a company duly incorporated and existing under the laws of Cayman
Islands;

Sequoia Capital China Partners Fund I, L.P., a company duly incorporated and existing under the
laws of Cayman Islands;

Sequoia Capital China Principals Fund I, L.P., a company duly incorporated and existing under the
laws of Cayman Islands.

(Collectively, the “Lenders”).

(The Borrowers and the Lenders, collectively the “Parties”)

WHEREAS

	1.	 	Beijing NetQin Technology Co., Ltd. (“Netqin”) is a company with limited liabilities
duly incorporated and validly existing under the laws of the PRC and mainly engaged in
mobile anti-virus and information securities services. The Borrowers are shareholders of
Netqin with a ownership of 47%, 33.25% and 14.75% shares of Netqin by LIN Yu, ZHOU Xu and
SHI Wenyong, respectively.
	 
	2.	 	The Borrowers desire to borrow a loan in the amount of US$250,000 from the Lenders to
provide funding for the business growth of Netqin. Upon receipt of such loan from the
Lenders, the Borrowers intend to provide it to Netqin in the form of shareholder loan to
satisfy the funding necessary for business growth of Netqin.
	 
	3.	 	The lenders intend to provide a loan in the amount of US$250,000 to the Borrowers
subject to the terms and conditions of this Agreement, of which an amount equal to
US$196,900, US$22,625 and US$30,475 will be provided by Sequoia Capital China I, L.P.,
Sequoia Capital China Partners Fund I, L.P., and Sequoia Capital China Principals Fund I,
L.P., respectively.

NOW, THEREFORE, the Parties agree and intend to be bound as follows:

2

 

	1.	 	LOAN
	 
	1.1	 	The loan under this Agreement shall be in US dollar at an amount of US$250,000 (two hundred
and fifty thousand dollars) with a term of four (4) months, commending on the date of this
Agreement and ending on the date immediately preceding to the date which is four (4) calendar
months thereafter (or, if such ending date is not a business day, the next business day in the
place where Party B is located).
	 
	1.2	 	The Lenders agree to transfer the principal amount of the loan to a bank account designated
by the Borrowers in a manner agreed by the Parties, the details of which are set forth under
Schedule I to this Agreement.
	 
	1.3	 	The loan under this Agreement will have an interest rate of six percent (6%) per annum,
which interest will accrue on and from the date on which the loan is transferred to the bank
account designated by the Borrowers on the basis of 360 days per annum.
	 
	1.4	 	The Borrowers will pay all of the principal and interest accrued upon the loan under this
Agreement in lump sum upon the maturity of the loan (the “Prescribed Payment Date”), and its
failure to do so will constitute its breach of this payment obligation (the “Payment Breach”).
If the Borrowers fail to pay any interest due and payable from the Loan, the Lenders are
entitled to a liquidated damages equal to an amount of the overdue interest multiplied by
zero-point-zero-two-two percent (0.022%) and further multiplied by the number of days
overdue.
	 
	1.5	 	If the Borrowers fail to pay the loan in its entirety upon its maturity, and further fails to
make agreement in writing with the Lenders for extension of the maturity, such failure will
constitute late payment of the Loan under which circumstance Party B, in addition to any
interest accrued upon the loan under Section 1.3, is entitled to a penalty interest upon any
outstanding amount of the loan on the daily basis of zero-point-zero one percent
(0.01%) for a period commencing on the date on which such outstanding amount becomes overdue
and ending on the day of its payment.
	 
	1.6	 	The loan provided under this Agreement will only be made to Netqin for funding necessary for
its business growth from the Borrowers in the form of shareholder loan. Without prior written
consent from the Lenders, the Borrowers may not used the loan for any other purposes.
	 
	1.7	 	It is agreed by the Lenders that the Borrowers may make early payment of all or any part of
the principal and interest accrued upon the loan under this Agreement. If the Borrowers make
early payment of all and any part of the principal of the loan, the interest accrued thereupon
will be calculated based on the amount and period of the outstanding part of the loan.
	 
	2.	 	CONDITIONAL SHARE TRANSFER
	 
	2.1	 	To cause provision of the loan under this Agreement from the Lenders, the Borrowers hereby
agree and covenant to, upon satisfaction of the conditions provided under Article 2 of this
Agreement, transfer a thirty percent (30%) shares of Netqin under its ownership (the
“Transferred Shares”) to the Lenders under this Article 2 of this Agreement. For avoidance of
any doubt, the Transferred Shares include: (i) a 14.84% shares of Netqin under the ownership

3

 

	 	 	of LIN Yu; (ii) a 10.5% shares of Netqin under the
ownership of ZHOU Xu; and (iii) a 4.66% shares of Netqin under the ownership of Shi Wenyong.

	2.2	 	Within ten (10) business days prior to the expiration of the term of this Agreement, the
Lenders may issue a loan payment notice to the Borrowers in writing (the “Payment Notice”)
specifying: (i) the request for payment of the principal of the loan and interest accrued
thereupon due and payable by the Borrowers under this Agreement; (ii) the amount of such
principal and interest due and payable: and (iii) the bank account designated by the Lenders
to which the payment of such principal and interest will be made. Within ten (10) business
days upon its receipt of the Payment Notice from the Lenders, the Borrowers will make payment
of the principal and interest specified in the Payment Notice to the bank account designated
by the Lenders in the Payment Notice. If the Borrowers fail to make payment provided under
the immediately preceding sentence, the Borrowers will transfer the Transferred Shares to the
Lenders and/or any third party nominated by the Lenders by execution and delivery of the share
transfer documents in the form of Schedules II, III and IV to this Agreement at the request of
the Lenders. For avoidance of any doubt, failure to issue any Payment Notice by the Lenders
under this Agreement will not have any adverse effect on any of its rights, powers or benefits
under this Agreement, which include without limitation its right to request payment of the
principal and interest under this Agreement from the Borrowers.
	 
	2.3	 	If this Agreement ceases to have any effect or is held invalid or unenforceable by any
competent court or any other authority, the Lenders may notify the Borrowers in writing
requesting its payment of the principal under this Agreement. Within ten (10) business days
upon its receipt of such notice from the Lenders, the Borrowers will make payment of such
principal to a bank account designated by the Lenders in such notice. If the Borrowers fail to
make payment provided under the immediately preceding sentence, the Borrowers will transfer
the Transferred Shares to the Lenders and/or any third party nominated by the Lenders by
execution and delivery of the share transfer documents in the form of Schedules II, III and IV
to this Agreement at the request of the Lenders.
	 
	2.4	 	The Lenders hereby agree and covenants that within ten (10) business days upon the transfer
of the Transferred Shares to the Lenders from the Borrowers under Article 2 of this Agreement,
if the Borrowers have performed its payment obligations under this Agreement (including
without limitation the obligations to pay any principal and interest under this Agreement),
the Lenders will sign any documents and take any actions necessary to transfer the Transferred
Shares which have been transferred to the Lenders under Article 2 of this Agreement back to
the Borrowers within ten (10) business days upon performance of the payment obligations under
this Agreement by the Borrowers, so as to restore the ownership of the Transferred Shares by
the Borrowers.
	 
	3.	 	REPRESENTATIONS AND WARRANTIES BY THE BORROWERS
	 
	3.1	 	The Borrowers represent and warrant to the Lenders that:

	 	(1)	 	They have the legal qualifications and requisite authorities to execute this
Agreement, exercise their rights and perform their duties under this Agreement;
	 
	 	(2)	 	None of their execution and performance of this Agreement is in violation of or
conflict with any other agreements to which the Borrowers are a party, or any laws and
regulations to which the Borrowers are subject;
	 
	 	(3)	 	All approvals, permits, consents, registrations or any other procedures
necessary for the Borrowers to enter into this Agreement have been duly obtained or
completed by the Borrowers and are sufficiently legal and valid, except those which are

4

 

	 	 	 	unobtainable due to current laws, regulations or reasons of competent government
agency;

	 	(4)	 	The Borrowers are the sole legal holders of the Transferred Shares and have not
created security of any kind or nature upon the Transferred Shares. The ownership of
the Transferred Shares is free from any dispute and may be legally transferred as the
subject of share transfer.
	 
	 	(5)	 	Neither the Borrowers nor the Transferred Shares is involved in any pending or,
according to the knowledge of the Borrowers, potential arbitrations, litigations or
administrative proceedings which may have material adverse effect upon the financial
condition of Netqin, the value of the Transferred Shares, or the Borrowers’ ability to
perform their obligations under this Agreement. The Transferred Shares are free from
any attachment or seizure arising from any assets security procedures;
	 
	 	(6)	 	The Borrowers own ninety-five percent (95%) shares of Netqin;
	 
	 	(7)	 	This Agreement, once executed, constitutes binding obligations on them; and
	 
	 	(8)	 	None of the Borrowers has committed or is involved in any criminal activity.

	3.2	 	The Borrowers further represent, warrant and covenant to the Lenders that the representations
and warranties under Section 3.1 will always be true and accurate during the term of this
Agreement, subject to the facts, circumstances and laws then existing and applicable.
	 
	4.	 	COVENANTS OF THE BORROWERS

The Borrowers covenant to the Lenders that before full payment of the principal and interests under
this Agreement:

	4.1	 	The Borrowers will be in compliance with all laws and regulations applicable to this
Agreement and their duties and obligations under this Agreement, and will take all measures
necessary to ensure that the Transferred Shares are always legal and valid;
	 
	4.2	 	If the Borrowers or the Transferred Shares are involved in any of material litigations,
arbitrations or administrative proceedings which has commenced or has yet to commence but is
in the knowledge of the Borrowers, the Borrowers will notify the Lenders of the details of
such litigations, arbitrations or administrative proceedings as soon as practicable upon its
knowledge thereof;
	 
	4.3	 	The Borrowers will notify the Lenders in writing of the detailed occurrence of any Breach
Event (as defined hereinafter) under this Agreement, or any event which relates to the
Borrowers and may affect the Transferred Shares or its value, or any other event which may
affect the Borrowers’ ability to perform their duties under this Agreement;
	 
	4.4	 	Without prior consent of the Lenders, no pledge or any other security may be imposed upon the
Transferred Shares, and no interest of the Transferred Shares may be transferred or otherwise
disposed.
	 
	4.5	 	Without prior consent of the Lenders, no mortgage, pledge or any other security may be
imposed upon any assets of Netqin, and no material assets of Netqin may be transferred or
otherwise disposed, other than in the ordinary course of business;
	 
	4.6	 	Without prior consent of the Lenders, the Borrowers may not extend or borrow any loan to or
from any third party, or enter into any other similar credit arrangement;

5

 

	4.7	 	The Borrowers will make efforts to maintain normal operations of Netqin, and will keep the
Lenders promptly notified of any material event involving Netqin and any other event which may
affect the Transferred Shares or its value;
	 
	4.8	 	The Lenders may transfer all or any part of their rights under this Agreement to any third
party without prior consent of the Borrowers, for which the Borrowers will execute documents
and take actions necessary and desirable and complete the procedures required.
	 
	4.9	 	If the board of directors and/or shareholders of Netqin intend to form any proposal or adopt
any resolution during its meeting whereby Netqin will be dissolved, the Borrowers will notify
the Lenders of such proposal or resolution in writing immediately upon its knowledge thereof
or its receipt of a notice for such meeting, whichever is earlier, and provide any other
information at the request of the Lenders.
	 
	4.10	 	If Netqin is dissolved for any reason before the Borrowers transfer the Transferred Shares to
the Lenders under this Agreement, the Borrowers will transfer to the Lenders any and all of
the assets, properties and interests received by the Borrowers arising from or in connection
with the dissolution of Netqin in such proportion as comparable to that provided under Article
2 of this Agreement. For purpose of transferring the assets or interests under this Section
4.10, the Borrowers will execute any documents and complete any procedures necessary to
transfer such assets and interests to the Lenders.
	 
	4.11	 	The Borrowers may not take any action which may alter or impair any of the rights of the
Lenders upon the Transferred Shares or under this Agreement.
	 
	4.12	 	The Borrowers covenant to the Lenders that upon transfer of the Transferred Shares to the
Lenders under Article 2 of this Agreement, the Lenders may transfer the Transferred Shares to
any third party without any restriction, upon which transfer the Borrowers will take any
action desirable for such transfer, including without limitation adoption of resolutions at
the shareholders or board meetings or change of its articles of associations, so as to remove
restrictions upon such transfer, if any.
	 
	4.13	 	The Borrowers covenants to the Lenders that the Borrowers will take any actions and execute
all documents necessary for the Lenders to exercise their rights under this Agreement, and
provide any other information and documents at the reasonable request of the Lenders.
	 
	4.14	 	The Borrowers hereby agree to the non-voting attendance of all shareholders and board
meetings of Netqin and access to the copies of all resolutions of such meetings at such
meetings by any individual designated by the Lenders.
	 
	5.	 	SPECIAL PROVISIONS REGARDING RISKS
	 
	5.1	 	The Lenders and the Borrowers hereby declare that each of them is aware of and knows the
rules and regulations regarding foreign exchange administration which relate to this
Agreement: (i) the Administrative Measures for Personal Foreign Exchange issued by the
People’s Bank of China on February 25, 2006 and effective from February 1, 2007, which
provides under Section 21 that domestic individuals who offer loans to people overseas, borrow
foreign debt, grant international guarantees or are directly involved in any transaction
relating to overseas commodity futures or financial derivative products shall comply with the
relevant provisions and effect registration formalities with the foreign exchange authorities;
and (ii) the Implementing Rules of the Administrative Measures for Personal Foreign Exchange
issued by the State Administration of Foreign Exchange on January 5, 2007, which provides
under Section 23 that based on the process of the convertibility of Renminbi capital items,
the administration on provision of loans overseas, borrowing of foreign debts, and provision
of foreign guarantee as well as direct participation in transaction of overseas

6

 

	 	 	commodity futures and financial derivative products shall be gradually eased, and specific
measures therefore will be formulated separately. On reliance of these rules and
regulations, it is acknowledged and confirmed by the Parties that the State Administration
of Foreign Exchange has not provided any specific regulation regarding the borrowing of
overseas debts by domestic individuals, and based on consultation with the State
Administration of Foreign Exchange through phone, registration of the borrowing of overseas
debts by domestic individuals is currently impracticable.

	5.2	 	To cause execution of this Agreement by the Lenders under the legal environment described
under Section 5.1, the Borrowers hereby agree and covenants to assume any and all risks and
liabilities arising from the conduct of registration and/or any other procedures with the
foreign exchange administrative department.
	 
	5.3	 	If any applicable laws, regulations or rules require or permit registration of this Agreement
with competent foreign exchange administrative department by the Borrowers and the Lenders
after execution of this Agreement, the Borrowers will effect the registration procedures
required by such laws and regulations.
	 
	5.4	 	Considering the legal environment described under this Article 5 upon execution of this
Agreement, the Borrowers may not defend against any requirement to perform the Borrowers’
obligations under this Agreement from the Lenders in reliance on relevant rules and
regulations regarding foreign exchange administration.
	 
	6.	 	BREACH EVENT OF THE BORROWERS
	 
	6.1	 	The Borrowers will be in breach of this Agreement if:

	 	(1)	 	Any of the representations or warranties made by the Borrowers under this
Agreement is found untrue, inaccurate or misleading in any material aspect;
	 
	 	(2)	 	The Borrowers transfer, sell, grant, or otherwise dispose the Transferred
Shares other than provided under this Agreement, or create or intend to create any
security interest upon the Transferred Shares, or any claim against the Transferred
Shares is made by any third party;
	 
	 	(3)	 	The Borrowers or the Transferred Shares are involved in any litigations,
arbitrations or administrative proceedings which, in the reasonable judgment of the
Lenders, would have material adverse effect upon the financial condition of the
Borrowers, or the value of the Transferred Shares, or the Borrowers’ ability to perform
their duties under this Agreement;
	 
	 	(4)	 	Without prior written consent of the Lenders, the Borrowers apply the loan
under this Agreement to purpose other than that provided under Section 6.1.
	 
	 	(5)	 	The Borrowers are in breach of any other obligations under this Agreement or
any other event occurs which in the judgment of the Lenders could affect their rights
under this Agreement.

	6.2	 	Upon occurrence of any breach event of the Borrowers, the Lenders may take any actions
available at law, including without limitation:

	 	(1)	 	Declare immediate maturity of the loan and require immediate payment of any and
all amount due and payable under this Agreement from the Borrowers, including without
limitation the principal and interest of the loan under this Agreement; and

7

 

	 	(2)	 	Take any actions which in the judgment of the Lenders are necessary to collect
the principal and interest of the loan under this Agreement, or are desirable for the
Lenders to enforce any of its rights under this Agreement, including without limitation
requiring transfer of the Transferred Shares to the Lenders from the Borrowers under
Article 2.

	6.3	 	At request of the Lenders, the Borrowers will assist the Lenders in obtaining any and all
approvals or consents necessary for the Lenders to enforce their rights under this Agreement.
	 
	7.	 	EFFECTIVENESS, AMENDMENT AND TERMATION
	 
	7.1	 	This Agreement will be effective upon signature of the legal or authorized representative of
the Borrowers and affixture of the seal of the Borrowers, and signature of the authorized
representatives of the Lenders.
	 
	7.2	 	This Agreement may be amended or supplemented with agreement of the Parties in writing. Any
amendment and supplement to this Agreement constitute an integral part hereof.
	 
	8.	 	GOVERNING LAWS AND DISPUTE RESOLUTION
	 
	8.1	 	This Agreement is governed by and construed in accordance with the laws of the Hong Kong
Special Administrative Region of the People’s Republic of China.
	 
	8.2	 	Any dispute arising from or in connection with this Agreement or its performance will firstly
be resolved through negotiations; if such negotiations fail, any Party may submit the dispute
to Hong Kong International Arbitration Center for arbitration according to its arbitration
rules then in effect.
	 
	9.	 	MISCELLANEOUS
	 
	9.1	 	Failure or delay to exercise or partial exercise of any of their rights, powers or remedies
under this Agreement by the Lenders will not operate as waiver of all or any part of these
rights, powers or remedies, or affect their further exercise of such rights, powers or
remedies or their exercise of any other rights, powers or remedies. If any provision under
this Agreement is held illegal, invalid or unenforceable under any law, it will not affect the
legality, validity or enforceability of such provision under any other laws, or the legality,
validity or enforceability of any other provisions.
	 
	9.2	 	This Agreement is in six original copies, with each signatory holding one copy. All original
copies are equally authentic.

IN WITHNESS WHEREOF, the Parties have caused their duly authorized representatives to sign this
Agreement on the date first written above.

(remainder left blank)

8

 

(Signature page only)

BORROWERS

By: /s/ Lin Yu

By: /s/ Zhou Xu

By: /s/ Shi Wenyong

LENDERS

Sequoia Capital China I, L.P.

By: /s/ Fan Zhang 

Sequoia Capital China Partners Fund I, L.P.

By: /s/ Fan Zhang

Sequoia Capital China Principal Fund I, L.P.

By: /s/ Fan Zhang 

9

 

Schedule I

Bank Account Information

10

 

Schedule II

Share Transfer Agreement

This SHARE TRANSFER AGREEMENT (this “Agreement”), dated      , is made in Beijing by and among:

Party A: Zhou Kui

Addresss: Suite 2408, Air China Plaza, 36 Xiaoyun Road, Chaoyang District, Beijing

Party B:

Lin Yu, Address: Grade-98 Post-graduate, 10 Western Tucheng Road, Haidian District, Beijing

Zhou Xu, Address: Room 1601, Tower #1, 48 Huayuan North Road, Haidian District, Beijing

Shi Wenyong, Address: Teachers’ Apartment Building, 5 Yiheyuan Road, Haidian District,
Beijing

Party C: Beijing NetQin Technology Co., Ltd.

Registered Address: 502, Gate 5, Building #1, A1 Hongliannan Village, North Taipingzhuang, Haidian
District, Beijing

Hereinafter, Party A, Party B, or Party C is referred to as one “Party” respectively, and referred
to as “Parties” collectively.

WHEREAS

	 	1.	 	is a citizen of the People’s Republic of China with ID ;
	 
	 	2.	 	Party B are citizens of the People’s Republic of China, among of which
          , a citizen of the People’s Republic of China with ID No.           ;
          , a citizen of the People’s Republic of China with ID No.           ;
          , a citizen of the People’s Republic of China with ID No.           ;
	 
	 	3.	 	Party C is a company registered and incorporated under laws of the PRC. At
present, Party B holds           percent (           %) shares of Party C in
total, among of which           %,           %,           % is held
by           ,           , and           respectively.
	 
	 	4.	 	Party B intends to transfer           percent (           %) shares
          of Party C (“Transferred Shares”) to Party A in accordance with the Loan Agreement

11

 

	 	 	 	dated March 16, 2007 entered into by it and Party A, and Party A and (or) its
designated third party intend to be transferred such Transferred Shares (“Share
Transfer”). For avoidance of any doubt, the Transferred Shares include: (1)
percent (           %) shares of Netqin held by           ; (2)
percent (           %) shares of Netqin held by           ;
and (3)           percent (4.66%) shares of Netqin held by           .

NOW, THEREFORE, the Parties agree and intend to be bound as follows

	1.	 	Share Transfer
	 
	1.1	 	Party B agrees to transfer the Transferred Shares to Party A, and Party A intends to accept
such transfer. Upon the completion of Share Transfer, Party A will become a shareholder of
Party C in place of Party B.
	 
	1.2	 	As the consideration for the Share Transfer, Party A hereby waives the obligation of
        ,           and           under the Loan Agreement with respect
to the repayment the principal with an amount of t           US dollars (US$ )
and the interest accrued therefrom to Party A.
	 
	1.3	 	Party B agrees to the Share Transfer described in this Article, and agrees to and will
procure the other shareholders of Party C (other than Party B) to to sign all necessary
documents including the Resolutions of Shareholders’ Meeting and the waiver of its right of
first refusal in connection with the Transferred Shares, and assist with all necessary
formalities with respect to such Share Transfer.
	 
	1.4	 	Party B and Party C shall jointly and respectively take all necessary actions, including
without limitation, signing this Agreement, adopting Shareholders’ Meeting resolutions and
amendment to the articles of association, in order to realize the transfer of shares from
Party B to Party A, and shall be responsible to fulfill all necessary governmental approval or
AIC (Administration for Industry and Commerce) record formalities within thirty (30) days upon
signing this Agreement, to procure Party A’s becoming the recorded owner of such Transferred
Shares.
	 
	2.	 	Representations and Warranties
	 
	2.1	 	Each Party hereto represents and warrants that:

	 	(a)	 	it is a duly incorporated and existing company, or has the full civil
capabilities, and has the full power and capability for signing and performing this
Agreement, as well as other related documents necessary for realizing the purpose of
this Agreement;
	 
	 	(b)	 	it has taken, or will take, all necessary actions, to duly and validly
authorize the signature, delivery and performance of this Agreement and all the other
documents in relation to the transactions under this Agreement, and such signature,
delivery and performance will not violate any provision of related laws, regulations
and governmental rules, or infringe any third party’s lawful rights and interests.

	2.2	 	Party B and Party C jointly and severally represent and warrant to Party A:

	 	(a)	 	at present, Party B is the legal and valid shareholder of 95% shares of Party
C, and Party B’s procuring and obtaining such shares does not violate any provision of
any laws, regulations and governmental decisions, or infringes any third party’s lawful
rights and interest;

12

 

	 	(b)	 	Party C is a company with limited liabilities duly incorporated and validly
existing under the laws of the PRC, with full rights, power and capabilities, having
right to own, dispose of and operate its assets and business, and is operating its
business or operating to its planned business. Party C has obtained all permits and
qualification certificates or any other governmental approvals, verifications, record
or registration required for operation of its business as described in the business
license;
	 
	 	(c)	 	Party C has never committed any violation of any provision of laws, regulations
or governmental rules upon its incorporation;
	 
	 	(d)	 	there is no any encumbrance or any third party’s rights over the shares of
Party C held by Party B;
	 
	 	(e)	 	it has not omitted any provision of any document or information regarding Party
C or Party C’s business, which may possibly affect Party A’s decision on whether to
enter into this Agreement;
	 
	 	(f)	 	before the completion of the Share Transfer, it will not, by means of action or
omission, authorize or procure any offering, or undertake to offer
any additional shares, other than the outstanding shares as of the date of this Agreement, and will
not make any change in any form to the capital structure or shareholding structure of
Party C.
	 
	 	(g)	 	Party B and Party C warrants to Party A that, following the transfer of
Transferred Shares to Party A in accordance with this Agreement, Party A has the right
to transfer such Transferred Shares to any third party with no any limitation. At that
time Party C and Party B will make every possible effort to procure the transfer of
such Transferred Shares from Party A to any third party, including without limitation,
for procuring such transfer, adopting Shareholders’ Meeting Resolutions, Board of
Directors Meeting Resolutions, or amendment to the articles of associations, in order
to release any limitation (if any) imposed on Party A with respect to
transferring shares to any third party pursuant to the articles of associations.

	3.	 	Effectiveness and Term
	 
	 	 	This Agreement is signed and becomes effective on the date first above written.
	 
	4.	 	Dispute Resolution
	 
	 	 	Any dispute arising from the interpretation or performance of this Agreement shall be
friendly solved by the Parties through negotiations. If the Parties fail to reach any
consequence regarding resolution of such dispute within thirty (30) days after one Party
raises such dispute, then either Party may submit dispute to Hong Kong International
Arbitration Centre for arbitration in accordance with its then effective arbitration rules.
The arbitration shall be conducted in Hong Kong. The arbitration language is Chinese. The
arbitral award is final and binding upon the Parties.
	 
	5.	 	Applicable Law
	 
	 	 	The validity, interpretation, and enforcement of this Agreement is governed by laws of the
PRC.
	 
	6.	 	Amendment and Supplemental

13

 

	 	 	If any amendment and supplement is needed to be made to this Agreement, the Parties shall
enter into respective agreement in writing. Any amendment or supplemental to this Agreement
duly signed by each Party is an integral part of this Agreement, with the same legal effect
with this Agreement.
	 
	7.	 	Severability
	 
	 	 	If any provision of this Agreement becomes invalid or unenforceable due to its inconsistency
with related laws or regulations, such provision is only invalid or unenforceable within
certain jurisdiction, and shall not impair the legal effect of remaining provisions of this
Agreement.
	 
	8.	 	Miscellaneous
	 
	8.1	 	This Agreement is made in Chinese in five (5) original copies, each Party holding one (1)
copy. Each original copy has the same legal effect.

(remainder left blank)

14

 

(Signature page)

Party A:

Signature:

Party B:

By:

By:

By:

Party C: Beijing NetQin Technology Co., Ltd.

By:

(seal)

15

 

Schedule III

Authorization Letter

	To           :

The undersigned has signed a Share Transfer Agreement dated           , in accordance with
which the undersigned has transferred a           percent (           %) shares of Netqin
held owned by the undersigned (“Transferred Shares”) to           . The transfer price for the
Transferred Shares has been duly paid.

You are hereby authorized on behalf of the undersigned to take all actions necessary to procure
re-registration of the Transferred Shares under the name of           , including without
limitation, signing all documents necessary for re-registration of the Transferred Shares.

By:

Date:

16

 

Schedule IV

Share Transfer Completion Declaration

The undersigned has signed a Share Transfer Agreement dated            , in accordance with which
the undersigned has transferred a            percent (           %) shares of Netqin (the
“Transferred Shares”) to            . The transfer price for such Transferred Shares has been
duly paid. As of the date of the Share Transfer Agreement (regardless of whether the
re-registration of the Transferred Shares is completed),            has become the sole and
legal owner of the Transferred Shares, has all the rights, interests and benefits in and of the
Transferred Shares, and the undersigned will no longer have any right, interests and benefit with
respect to the Transferred Shares.

By:

Date:

17

 

Debt Transfer Agreement

This Debt Transfer Agreement (“Agreement”) is entered into by and among the following parties on
this 22nd day of June 2007.

The persons listed on Exhibit A attached to this Agreement (each a “Transferor” and together the
“Transferors”).

NETQIN MOBILE INC, an exempted company duly incorporated and validly existing under the Laws of the
Cayman Islands (the “Transferee”); and

The entities listed on Exhibit B attached to this Agreement (each a “Consenter” and together the
“Consenters”).

The above parties shall be hereinafter referred to as a “Party” individually and as the “Parties”
collectively.

WHEREAS:

	(1)	 	A loan contract was entered into as of March 16, 2007 by and among the Transferors and the
Consenters (the “Loan Contract”), under which the Consenters extended a loan of US$ 250,000
(“Loan”) to the Transferors with an annual interest rate of six percent (6%). For purpose of
this Agreement, the Loan and the accrued interest attributable to the Loan, will collectively
be referred to as the “Repayment Amount” hereinafter.
	 
	(2)	 	According to the Loan Contract, the Transferors are obligated to pay the Repayment Amount
back to the Consenters at a certain date (the “Debt”).
	 
	(3)	 	The Transferors agree to transfer the Debt to the Transferee and the Transferee agrees to
accept such transfer.
	 
	(4)	 	The Consenters intend to invest in the Transferee’s series A preferred shares financing
(“Series A Financing”) on the same or similar terms and conditions set forth in the Series A
Preferred Shares Purchase Agreement (“Series A Purchase Agreement”) entered into as of June 5,
2007 by and among the Transferee, RPL HOLDINGS LIMITED, BEIJING
NETQIN TECHNOLOGY CO., LTD
(),
NetQin Mobil (Beijing) Technology Co., Ltd. (

1

 

	 	 	), and the other parties thereto.

NOW, THEREFORE, the Parties hereby agree as follows:

			
	Article 1	 	Transfer of Debt

The Parties hereby agree, by execution of this agreement and subject to the terms and conditions
contained herein, that the Transferors hereby transfer the Debt to the Transferee on the Effective
Date (the “Debt Transfer”).

			
	Article 2	 	Termination of the Loan Contract

Upon the effectiveness of the Debt Transfer, the Loan Contract and all the rights, obligations,
representations and covenants defined therein shall be automatically terminated.

			
	Article 3	 	Obligations by Transferors

Upon the effectiveness of the Debt Transfer, the Transferors shall be obligated to pay the
Transferee the Repayment Amount at such time mutually agreed upon by the Transferors and the
Transferee.

			
	Article 4	 	Conversion of the Debt

The Parties hereby agree that if the Consenters participate in Series A Financing, upon the
Subsequent Closing under the Series A Purchase Agreement, any and all of
the Repayment Amount to be paid by the Transferee to the Consenters, shall be converted into the
Series A Shares (as defined in the Series A Purchased Agreement) at the price of US$0.10 per share
(the “Conversion”). Upon such Conversion, all the relevant parties shall take any and all actions
and execute all appropriate documentation necessary to effect such Conversion. Notwithstanding the
forgoing, such right of Conversion shall expire on July 7, 2007.

			
	Article 5	 	Taxes, Costs and Expenses

The Parties shall be responsible for any taxes, costs and expenses incurred by them respectively in
connection with the Debt Transfer according to this Agreement.

2

 

			
	Article 6	 	Effectiveness

This Agreement shall become effective immediately after being duly executed by all the Parties (the
“Effective Date”).

			
	Article 7	 	Language and Originals

This Agreement shall be made in English in seven originals with each Party keeping one original.

			
	Article 8	 	Dispute Resolution

All disputes in relation to this Agreement may be resolved through friendly consultation between
the Parties, and in case consultation fails, such dispute shall be referred to and finally settled
by arbitration at the Hong Kong International Arbitration Centre under the Rules of Conciliation
and Arbitration of the International Chamber of Commerce at the arbitral situs of Hong Kong (the
“ICC Rules”) in effect, which rules are deemed to be incorporated by reference into this Article.
The arbitration tribunal shall consist of three (3) arbitrators to be appointed according to the
ICC Rules. The language of the arbitration shall be English.

[Signature pages to follow]

3

 

IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives
to execute this Agreement as of the date and year first above written.

THE TRANSFEREE:

NETQIN MOBILE INC.

	 	 	 	 
	By:

	 	/s/ Yu Lin
	 

	 	 
	Name: Yu Lin
	Title: Director

SIGNATURE PAGE — DEBT TRANSFER AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

CONSENTERS:

Sequoia Capital China I, L.P.

Sequoia Capital China Partners Fund I, L.P.

Sequoia Capital China Principals Fund I, L.P.

			
	By:	 	Sequoia Capital China Management I, L.P.

A Cayman Islands Exempted Limited partnership

General Partner of Each

			
	By:	 	SC China Holding Limited

A Cayman Islands limited liability company

Its General Partner
/s/ Jimmy Wong

Name: Jimmy Wong

SIGNATURE PAGE — DEBT TRANSFER AGREEMENT

 

 

IN WITNESS WHEREOF, the parties hereto have caused their respective duly
authorized representatives to execute this Agreement as of the date and year
first above written.

TRANSFERORS:

	 
	/s/
Yu Lin

	Yu Lin ()

	 

	 

	/s/
Wenyong Shi

	Wenyong Shi ()

	 

	 

	/s/
Xu Zhou

	Xu Zhou ()

SIGNATURE PAGE — DEBT TRANSFER AGREEMENT

 

 

Exhibit A Schedule of Transferors

	 
	Transferors
	LIN YU ()

	with the PRC ID Number of 352124197612060013

	 

	SHI WENYONG ()

	with the PRC ID Number of 352124197711280513

	 

	ZHOU XU ()

	with the PRC ID Number of 110104690310301

EXHIBIT A

 

 

Exhibit B Schedule of Consenters

	 	 	 	 	 
	Investor	 	Contribution Amount of the Loan
	Sequoia Capital China I, L.P.

	 	$	196,900.00	 
	Sequoia Capital China Partners Fund I, L. P.

	 	$	22,625.00	 
	Sequoia Capital China Principals Fund I, L. P.

	 	 	30,475.00	 
	Total

	 	US$	250,000.00	 

EXHIBIT B

 

 

Acknowledgement Regarding Borrowing Issues

This ACKNOWLEDGEMENT REGARDING BORROWING ISSUES (this “Acknowledgement”) dated January 5, 2011, is
made in Beijing by and among:

Lenders:

	(1)	 	NetQin Mobile (Beijing) Co., Ltd. (“NetQin Beijing”)

Domicile: Room 1238-1 Block B, No.1 Building, Beijing Zhongguancun Software Park Incubator, Dongbeiwang, Haidian District, Beijing

Legal Representative: LIN Yu

	(2)	 	NetQin Mobile Inc. (“NetQin”)
Domicile: Zephyr House, 122 Mary Street, P.O. BOX 709, Grand Cayman KY 1-1107, Cayman Islands

Borrowers:

	(1)	 	LIN Yu

ID No.: 352124197612060013
	 
	(2)	 	ZHOU Xu

ID No.: 110104690310301
	 
	(3)	 	SHI Wen Yong

ID No.: 352124197711280513
	 
	 	 	(Collectively, the “Lenders”)

Hereinafter, the Lenders or the Borrowers are referred to as one “Party” respectively, and referred
to as “Parties” collectively.

WHEREAS

NetQin Beijing and the Borrowers entered into a Loan Agreement in 2007 (“NetQin Beijing Loan
Agreement”), in accordance with which NetQin Beijing provided a loan in the amount of RMB6,122,500
in total to the Borrowers, to be used as the capital contribution by the Borrowers to Beijing
NetQin Technology Co., Ltd. (“Beijing Technology”); NetQin, the Borrowers, Sequoia Capital China I,
L.P., Sequoia Capital China Partners Fund I, L.P., Sequoia Capital China Principals Fund I, L.P.
entered into a Debts Transfer Agreement on June 22, 2007 (“Debts Transfer Agreement”), in
accordance with which the Borrowers owes NetQin US250,000 in total. The above mentioned
RMB6,122,500 and US250,000 are collectively referred to as “Shareholders’ Borrowings”. The
Borrowers have used the Shareholders’ Borrowings as investment to Beijing Technology, and hold 100%
shares of Beijing Technology (“Borrowers’ Shares”);

NetQin Beijing and the Borrowers entered into a Shares Disposal Agreement dated June 5, 2007
(“Disposal Agreement”), in accordance with which NetQin Beijing owns the exclusive option to purchase the Borrowers’ Shares from the Borrowers at any time (“Exclusive Purchase
Option”).

1

 

In order to further clarify the Borrowers and Lenders’ true intensions regarding the amount of
borrowings and the repayment method, the Parties agree to enter into this Acknowledgement:

			
	1.	 	CONFIRMATION ON US250,000 DEBT

In accordance with the Debts Transfer Agreement, the Borrowers transferred to NetQin the debts in
an aggregated amount of RMB250,000 owed by it to Sequoia Capital China I, L.P., Sequoia Capital
China Partners Fund I, L.P., Sequoia Capital China Principals Fund I, L.P. under the Loan Agreement
dated March 16, 2007 entered into by the Borrowers and Sequoia Capital China I, L.P., Sequoia
Capital China Partners Fund I, L.P., Sequoia Capital China Principals Fund I, L.P.. Upon such
transfer, NetQin is entitle to the creditor’s right to the Borrowers regarding the loan in an
amount of US250,000. The Borrower and NetQin hereby confirm such creditor’s right, and further
confirm that this Acknowledgment is applicable to such creditor’s right regarding the loan in an
amount of US250,000.

			
	2.	 	ASSOCIATION BETWEEN SHAREHOLDERS’ BORROWINGS AND EXCLUSIVE PURCHASE OPTION

The shareholding debtors and the Borrowers hereby confirm and agree that, if NetQin Beijing
decides to exercise the exclusive purchase option set forth under the Disposal Agreement, then the
above mentioned Shareholders’ Borrowings will early expire and the Borrowers shall repay the
Shareholders’ Borrowings according to the repayment method as described hereunder.

			
	3.	 	CONFIRMATION ON REPAYMENT METHOD

The Lenders and the Borrowers hereby agree and confirm that, upon the expiration or early
expiration of the above mentioned two installments of Shareholdings’ Borrowings, the Borrowers
shall repay such Shareholdings’ Borrowing only in the following way: in accordance with Exclusive
Purchase Option provided under the Disposal Agreement, the Borrowers transfer all the Borrowers’
Shares held by them to NetQin Beijing or any person (legal or natural person) designated by NetQin
Beijing, and directly use all the consideration for such share transfer to repay the principal of
the whole Shareholders’ Borrowings and the interest accrued therefrom. Once the Borrowers completes
the transfer of all the Borrowers’ Shares held by them to NetQin Beijing or any person (legal or
natural person) designated by NetQin Beijing, it will be deemed that the above two installments of
Shareholder’s Borrowings are paid off, regardless of whether the consideration for such share
transfer is consistent with the amount of the Shareholder’s Borrowings.

			
	4.	 	MISCELLANEOUS

	4.1	 	This Acknowledgement is an integral part of the NetQin Beijing Loan Agreement and the Debts
Transfer Agreement, and has the same legal effect with the NetQin Beijing Loan Agreement and
the Debts Transfer Agreement.

2

 

	4.2	 	Where there is any inconsistency between this Acknowledgement and the NetQin Beijing Loan
Agreement or the Debts Transfer Agreement, this Acknowledgement shall prevail. Any issue not
contemplated herein shall be governed by the NetQin Beijing Loan Agreement and the Debts
Transfer Agreement.
	 
	4.3	 	This Acknowledgement becomes effective on the date hereof.
	 
	4.4	 	This Acknowledgement is written in Chinese in five (5) original copies, each Party holding
one (1) copy. Each original copy has the same legal effect.

(remainder left blank)

3

 

(Signature page)

The Parties have signed this Acknowledgement on the date first above written.

Lenders:

NetQin Mobile (Beijing) Co., Ltd.

By: (Official company seal)

NetQin Mobile Inc.

By: (Official company seal)

Borrowers:

By: /s/ Lin Yu

By: /s/ Zhou Xu

By: /s/ Shi Wenyong

4

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