Document:

Exhibit 4.32

 

English Translation

 

Power of Attorney

 

I, Mingfeng Chen, a citizen of the People’s Republic of China (ID Card No.: ##################), holding 10% of the equity interest in Ku6 Network Communication Technology Co., Ltd. (the “Company”) (“My Equity Interest”), hereby, with respect to My Equity Interest, irrevocably authorize Kusheng (Tianjin) Technology Co., Ltd. (the “Authorized Person”) to exercise the following rights within the period of validity of this Power of Attorney:

 

The Authorized Person is authorized to act as my sole and exclusive proxy to exercise in my name all my rights with respect to My Equity Interest in accordance with the PRC laws and the articles of association of the Company, including but not limited to: (1) proposing to convene and attending the shareholders’ meeting of the Company and sign all relevant shareholder resolutions in my name; (2) exercising all my rights as a shareholder as set forth in laws and the constitutional documents of the Company; and (3) acting as my authorized representative to nominate and appoint the legal representative, director, supervisor, general manager and other senior officers of the Company.

 

I hereby acknowledge and accept any action, omission and decision in respect of My Equity Interest that may be made by the Authorized Person within the scope of his authorization during the period of validity of this Power of Attorney. Furthermore, I hereby confirm that the said action, omission and decision are binding upon me, and I will not object such action, omission and decision in any way, and I will bear any legal consequence arising out of such action, omission and decision.

 

If it is necessary for me to enter into any documents for the implementation, execution or performance of the said action or decision for any reason, I will execute such documents at the request of the Authorized Person.

 

The Authorized Person may, with respect to the matters set forth above and the exercise of rights in relation to My Equity Interest, empower any other individual or entity to act, without notifying me or obtaining my consent.

 

So long as I am a shareholder of the Company, this Power of Attorney is irrevocable and continually valid, commencing on the date of execution of this Power of Attorney.

 

	
Principal:
    	
Mingfeng Chen
    	
 
    
	
Signature:
    	
/s/ Mingfeng Chen
    	
 
    
	
Date: September 15, 2015Exhibit 4.40

 

English Translation

 

The Second Supplementary Agreement to the Ku6.com Advertisement Agency Agreement

 

CN: tjkb-os-2014-009-supplementary

 

Party A: Huzhong Advertising (Shanghai) Ltd.

 

Party B: Tianjin Ku6 Network Communication Technology Co., Ltd.

 

Whereas,

 

Party A and Party B have entered into the Ku 6.com Advertisement Agency Agreement (Serial No.: TJKS-OS-2014-009, hereinafter as “Original Agreement”) and the Supplementary Agreement to the Ku 6.com Advertisement Agency Agreement (Serial No.: TJKS-OS-2014-009-Supp., hereinafter as “Original Supplementary Agreement”).Upon mutual friendly consultation, both parties hereto enter into another supplementary agreement as follows in Chaoyang District, Beijing on August 29, 2015:

 

1.              Article 2, “Media Resource” of Item “I. Definitions” under the Original Agreement shall be modified as follows:

All of the commercial advertisement slots(except for otherwise agreed hereunder) on Party B’s website of Ku 6.com(excluding m.ku6.com and the mobile customer end of Ku 6.com), and all of the slots available for advertisement increased on the websites of Party B within the show time; “Media Resource” includes two forms, namely, “Standard Media Resource” and “Highly Interactive Advertisement Resource”, provided that the “Media Resource” in connection with the cooperation between Party A and Party B shall exclude the advertisement slots, live show channels or advertisement slots for live-show products of the show space on the Ku 6 websites.

 

1)                  “Highly Interactive Advertisement Resource”: it includes but not limited to advertisement slots within special areas(including special themes), advertisement slots on the first pages(including channel pages), seed videos, sponsor systems, title sponsorship of marketing events, micro-film implantation, etc.

 

2)                “Standard Media Resource”: please refer for more details to Annex I: Schedule for Standard Media Resource.

 

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Pursuant to Paragraph 7 of Article 3 hereof, Party A shall be entitled to the sole and exclusive authority to sell in a capacity as an agent the advertisement of standard media resource while Party A shall have a nonexclusive right to sell in a capacity as an agent the advertisement of Highly Interactive Advertisement Resource.

 

Upon suggestions of Party A, Party B may develop new media resource which is not specified under Annex I on the website of Ku 6.com, and the settling prices of such resource shall be subject to the standards for amount settlement of advertisement slots as stated under Annex I hereto.

 

2.            Article 3 of Item “III. Rights and Obligations of Party A” shall be modified as follows:

 

Any advertisement released by Party A on Ku 6.com shall be in compliance with the following principles; otherwise, Party A shall be deemed as having seriously breached this contract and Party B thus have the right to immediately terminate the agreements in accordance with Article 7 hereof.

 

1)                  It shall not be permitted to release any competitive advertisement with the same subjects as those of Party B and of the show space designated by Party B(e.g., modo 6.com), including but not limited to vedio websites, live show of games, entertainment show space, live show space, etc.

 

2)                  Party A may not, without agreement of Party B, develops, at its own will, media (advertisement) resource on Ku 6.com. Any new media resource which falls beyond the Schedule for Standard Media Resource of Annex I hereto may not be used or shown unless and until Party B agrees thereto in writing.

 

3.              Both parties hereto agree that Article 1 of Item “V. Data Verification and Income Settlement” of the Original Agreement shall be modified as follows:

 

“Within the agency term specified herein, Party A shall, within five working days prior to the beginning of each natural month, prepay 50% of the advertisement fees for such month(subject to the provisions of this agreement, Annex II and relevant supplementary agreement(s)) into the designated bank accounts as stated in Article 10 of Annex II.”

 

4.              In accordance with the Original Agreement and its “Annex II: Settlement Provisions”, both parties hereto upon mutual consultations, agree to make adjustment to the settlement prices and arrangements for the second cooperation year (i.e., from August 29, 2015 to August 28, 2016), the details of which adjustments are contained in the Settlement Prices for the Second Cooperation Year, the annex of this Supplementary Agreement.

 

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5.              Both parties hereto agree that the provisions of the Original Supplementary Agreement shall remain unchanged, meaning that the advertisement agency cooperation regarding the M website of Ku 6.com within the second cooperation year shall be subject to the settlement prices for the period commencing from the fourth month of the first cooperation year and expiring upon the ending of the first cooperation year, provided that both parties hereto agree that this shall not be detrimental to their rights to renegotiate the settlement prices for the third cooperation year pursuant to Article 3.4 of the Original Supplementary Agreement.

 

6.              All of the other provisions under the Original Agreement and the Original Supplementary Agreement shall remain unchanged and shall continue to be in force.

 

7.              Party A and Party B confirm that this Supplementary Agreement shall control where it is inconsistent with the Original Agreement and/or the Original Supplementary Agreement;  in respect of matters not provided under this Supplementary Agreement, the relevant provisions under the Original Agreement and/or the Original Supplementary Agreement shall apply.

 

8.              This Supplementary Agreement shall have four counterparts and each party hereto shall hold two of them, all of which shall have equal legal effect.

 

9.              This Supplementary Agreement shall come into force as of the date when both parties hereto affix their seal to this Agreement.

 

	
Party A: Huzhong   Advertising (Shanghai) Ltd.
    	
 
    
	
/s/ (Seal)
    	
 
    
	
 
    	
 
    
	
Party   B: Tianjin Ku6 Network   Communication Technology Co., Ltd.
    
	
/s/ (Seal)
    	
 
    

 

3Exhibit 4.41

 

English Translation

 

Loan Agreement

 

CN: kmcm-O-2016-001

 

This Loan Agreement (hereinafter referred to as this “Agreement”) is entered into on January 5, 2016 in Pudong, Shanghai by and between:

 

Shanda Technology Overseas Capital Company Limited, (hereinafter referred to as “Party A”), and

 

Ku6 Media Co., Ltd. (hereinafter referred to as “Party B”)

 

Party A and Party B are hereinafter referred to collectively as the “Parties” and individually as a “Party”.

 

WHEREAS:

 

Party B intends to borrow money from Party A for the needs of future business development, Party A agrees to provide loan to Party B in accordance with the terms of this Agreement, and both Parties agree as follows through friendly consultations:

 

Article 1 Type of Loan: Cash

 

Article 2 Loan Purpose

Daily Business Development Needs of Party B

 

Article 3 Loan Amount

USD: $300,000 (in words: three hundred thousand U.S. Dollars)

 

Both Parties acknowledge that Party A will, within 3 business days upon the execution of this Agreement, remit the Loan of USD: $300,000 (in words: three hundred thousand U.S. Dollars) to Party B’s following account:

 

Account Name: KU6 Media Co., Ltd.

 

Beneficiary Address: Zheng Tong Chuangyi Center, Xibahe Xili, No18 Chaoyang DT Beijing.

 

1

 

Account No.: ##################

 

Bank Name: ##################

 

Article 4 Interest on Loan

 

Interest on Loan shall be calculated with reference to the current bank loan interest rate, and shall be calculated as per the interest rate of 6.5% per annum.

 

Article 5 Loan Term

 

The Loan Term shall be one year as from January 5, 2016 to January 4, 2017. If Both Parties intend to renew this Agreement upon the expiration of the term hereof, a supplementary agreement may be signed separately within 15 days prior to the expiration of the term hereof.

 

Party B shall refund all principal and interest of the Loan on the maturity date.

 

Article 6 Loan Purpose

 

All Loan shall be used for the business operation activities of Ku6 Media Co., Ltd and its subsidiaries, and shall not be used for external loan, external investment, the stock market, or other expenses which are inconsistent with the Company’s business operation goals.

 

Article 7 Resolution of Agreement Disputes

 

7.1 This Agreement shall be governed by and construed in accordance with the provisions of the laws of the People’s Republic of China; and

 

7.2 Any dispute arising from the interpretation and performance of the terms hereof shall be resolved by both Parties in good faith. If any dispute fails to be resolved by both Parties within thirty (30) days after either Party has sent a written notice to the other Party requesting a settlement through consultation, either Party may submit such dispute to China International Economic and Trade Arbitration Commission for arbitration in accordance with its then effective arbitration rules. The arbitration shall be conducted in Beijing, and the language used in the arbitration shall be Chinese. The arbitration award shall be final and binding on both Parties.

 

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Article 8 Miscellaneous

 

8.1This Agreement shall not be modified or rescinded by either Party unless any circumstance occurs based on which either Party is permitted to modify or rescind the Agreement by laws. If either Party modifies or rescinds this Loan Agreement in accordance with the requirements stipulated by laws, it shall promptly notify the other Party in writing and reach a written agreement.

 

8.2 A supplementary agreement shall be reached by both Parties through mutual consultation with respect to the matters unspecified by this Agreement, and the supplementary agreement shall have the same legal effect as this Agreement.

 

8.3 This Agreement shall be made in four counterparts, with each Party holding two counterparts, and each counterpart shall have the same legal effect.

 

3

 

(Signature Page of Loan Agreement)

 

IN WITNESS WHEREOF, the Parties have signed this Agreement by their duly authorized representatives on the day and year first above written.

 

	
 
    	
 
    	
 
    
	
Party   A:
    	
Shanda   Technology Overseas Capital Company Limited
    	
 
    
	
 
    	
/s/ (Seal)
    	
 
    
	
 
    	
 
    	
 
    
	
Authorized representative:
    	
/s/ Tianqiao Chen
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Party   B:
    	
Ku6   Media Co., Ltd.
    	
 
    
	
 
    	
/s/ (Seal)
    	
 
    
	
 
    	
 
    	
 
    
	
Authorized representative:
    	
/s/ Feng Gao
    	
 
    
				

 

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