Document:

exv10w26

English Translation

Exhibit 10.26

Equity Pledge Agreement

     This Equity Pledge Agreement (this “Agreement”) is executed by and among the following parties
on July 1, 2010 in Hangzhou, China.

PLEDGOR (the following eleven individuals shall hereinafter be referred to collectively as the
“Pledgors”)

PLEDGOR A: Mr. Michael Tao Song

Number of ID:

Address: No. 398 Wensan Road, Xihu District, Hangzhou

PLEDGOR B: Mr. Li Ou

Number of ID:

Address: Room 102, No. 11, Block 3 of Shuguang New Estate, Xihu District, Hangzhou

PLEDGOR C: Mr. Yan Tang

Number of ID:

Address: No. 398 Wensan Road, Xihu District, Hangzhou

PLEDGOR D: Mr. Zhiyi Xia

Number of ID:

Address: No. 398 Wensan Road, Xihu District, Hangzhou

PLEDGOR E: Ms. Zi Jin

Number of ID:

Address: Room 503, No. 1, Block 30 of Pujia New Estate, Jianggan District, Hangzhou

PLEDGOR F: Mr. Guoping Qu

Number of ID:

Address: No. 398 Wensan Road, Xihu District, Hangzhou

PLEDGOR G: Mr. Weijie Wu

Number of ID:

Address: No. 398 Wensan Road, Xihu District, Hangzhou

PLEDGOR H: Mr. Zhe Wang

Number of ID:

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Address: Room 304, No. 2, Block 3 of Hangzhou Steel Dormitory, Dongxin Road, 

Xiacheng District, Hangzhou

PLEDGOR I: Mr. Qing Yan

Number of ID:

Address: Room 243, No. 199 Wensan Road, Xihu District, Hangzhou

PLEDGOR J: Mr. Rui Zeng

Number of ID:

Address: No. 398 Wensan Road, Xihu District, Hangzhou

PLEDGOR K: Mr. Wangyan Shao

Number of ID:

Address: No. 398 Wensan Road, Xihu District, Hangzhou

PLEDGEE: Hangzhou Dianneng Technologies Co., Ltd.

Address: Room 105, Block 3, No. 1197 of Binan Road, Hangzhou

Telephone: 0571-87770978

Fax: 0571-87758616

MIJIA TECH: Hangzhou Mijia Technologies Co., Ltd.

Address: Room 610, Block 2, No. 1197 of Binan Road, Binjiang District, Hangzhou

Post Code: 310013

Telephone: 0571-87770978

Fax: 0571-87758616

WHEREAS:

     Mijia Tech, is a limited liability company registered according to PRC law and in good
standing, engaged in the business of technology development of computer hardware and software (the
“Business”); as shareholders of Mijia Tech,

Mr. Michael Tao Song, Mr. Li Ou, Mr. Yan Tang, Mr. Zhiyi Xia, Ms. Zi Jin, Mr. Guoping Qu, Mr.
Weijie Wu, Mr. Zhe Wang, Mr. Qing Yan, Mr. Rui Zeng, Mr. Wangyan Shao (collectively the
“Pledgors”), respectively hold 46.40%, 23.20%, 9.28%, 6.96%, 5.8%, 1.74%, 1.74%, 1.74%, 0.87%,
0.87% and 1.4% shares of Mijia Tech.

     Pledgee is a wholly foreign owned enterprise registered in Hangzhou China, with expertise and
resources in technical and strategy consulting aspects of business area in which Mijia Tech is
engaged. Pledgors and Mijia Tech executed the Technical Support Agreement, the Strategy Consulting
Agreement and Intellectual Property License

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Agreement (hereinafter collectively as “Service Agreements”), as listed in the Appendix 1
hereunder.

     To secure the fees payable under the Service Agreements (the “Service Fee”) from Mijia Tech to
Pledgee, Pledgors hereby pledge their respective interests in Mijia Tech to Pledgee as pledge for
all indebtedness of Mijia Tech to Pledgee pursuant to Service Agreements.

     Pursuant to the provisions of the Service Agreements, Pledgors and Pledgee have agreed to
enter into this Agreement according to the following terms and conditions.

1. DEFINITIONS

     Unless otherwise provided herein, the terms below shall have the following meanings:

1.1 “Pledge Rights” means the rights set forth in Article 2 of this Agreement.

1.2 “Share Equity” means the equity interest held by Pledgors in Mijia Tech.

1.3 “Pledged Property” means the equity interest and the dividends deriving therefrom pledged by
Pledgors to Pledgee under this Agreement.

1.4 “Secured Indebtedness” means all the amounts payable by Mijia Tech to Pledgee under the Service
Agreements, including the Service Fee and interests accrued thereon, liquidated damages,
compensations, costs and expenses incurred by Pledgee in connection with collection of such fees,
interest, damages and compensations, and losses incurred to Pledgee as a result of any default by
Mijia Tech and other expenses payable under the Service Agreements.

1.5 “Term of Pledge” means the term stated in Section 4.1 of this Agreement.

1.6 “Service Agreements” means all the agreements entered into by Mijia Tech and Pledgee as set
forth in Appendix 1 hereto.

1.7 “Event of Default” means any event set forth in Article 8 of this Agreement.

1.8 “Notice of Default” means the notice issued by Pledgee in accordance with this Agreement
declaring an Event of Default.

2. PLEDGE RIGHTS

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2.1 Pledgors hereby pledge to Pledgee all of their Share Equity in Mijia Tech to secure the Secured
Indebtedness of Mijia Tech. Pledge Rights shall mean Pledgee’s priority right in receiving
compensation from the proceeds of convert, auction or sale of the Pledged Property pledged by
Pledgors to Pledgee, which includes the dividends generated by the Share Equity during the term of
this Agreement.

3. SCOPE OF PLEDGE SECURITY

3.1 The scope of pledge security hereunder shall cover all of the Secured Indebtedness, including
all the Service Fee and interest accrued thereon, liquidated damages, compensation, costs for
actualizing creditor’s right arising out of Service Agreements paid by Mijia Tech to Pledgee, or
losses incurred to Pledgee as a result of any default by Mijia Tech and all other expenses payable
under the Service Agreements.

4. TERM OF PLEDGE AND REGISTRATION

4.1 Pledgors shall cause Mijia Tech to and Mijia Tech shall register the Pledge hereunder in its
Shareholders’ List within three (3) working days after this Agreement is executed, and provide
updated version of capital contribution certificates with respect to the Pledge. This Agreement
shall become effective on the date when the Pledge hereunder is registered in the Shareholders’
List of Mijia Tech. The term of the the Pledge shall be the same as the term of the Strategy
Consulting Services Agreement (should the term of the Technical Support Agreement, the Strategy
Consulting Services Agreement and/or the Intellectual Property License Agreement be extended, the
term of the Pledge shall be extended accordingly).

4.2 In the event that any change of the matters registered in Mijia Tech’s Shareholders’ List is
required as a result of change of any matters relating to the Pledge, Pledgors and Pledgee shall
cause the matters registered in Mijia Tech’s Shareholders’ List be changed accordingly within
fifteen (15) days after such change takes place.

4.3 Pledgors shall cause Mijia Tech and Mijia Tech shall finish the filing procedures within thirty
(30) working days after this agreement is executed.

5. CUSTODY OF CERTIFICATES

     Pledgors shall deliver to Pledgee the updated version of capital contribution certificates
with respect to their interest in Mijia Tech and Mijia Tech’s Shareholders’ List within seven (7)
days after this Agreement is executed.

6. REPRESENTATIONS AND WARRANTIES OF PLEDGORS

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6.1 Pledgors are legally registered shareholders of Mijia Tech.

6.2 Pledgors fully understand the contents of the Service Agreements and have entered into this
Agreement voluntarily with genuine expression. The signatories signing this Agreement on behalf of
Pledgors have the rights and authorizations to do so.

6.3 All documents, materials and certificates provided by Pledgors to Pledgee hereunder are
correct, true, complete and valid.

6.4 When Pledgee exercises its right hereunder at any time in accordance with this Agreement, there
shall be no intervention from any other parties.

6.5 Pledgee shall have the right to dispose of and transfer the Pledge Rights in accordance with
the provisions hereof.

6.6 Pledgors have not created any pledge right over the Share Equity other than the Pledge created
to Pledgee hereunder.

7. COVENANTS OF PLEDGORS

7.1 For the benefit of Pledgee, Pledgors hereby make the following covenants, during the term of
this Agreement:

     7.1.1 without the prior written consent of Pledgee, Pledgors shall not transfer the Share
Equity, or create or consent to any creation of any pledge over, the Share Equity that may affect
Pledgee’s rights and interests hereunder, or cause the shareholders’ meetings of Mijia Tech to
adopt any resolution on sale, transfer, pledge or in other manner disposal of the Share Equity or
approving the creation of any other security interest on the Share Equity, unless otherwise
provided the Share Equity may be transferred to Pledgee or any party designated by Pledgee
according to Call Option and Cooperation Agreement among Pledgors, Pledgee and Mijia Tech, or
Pledgors may transfer the Share Equity to each other to the extent such transfer will not effect
validity of Pledge Rights hereunder (the transferring Pledgor shall deliver a prior notice to
Pledgee before making the transfer).

     7.1.2 Pledgors shall comply with all laws and regulations applicable to the Pledge. Within
five (5) days of receipt of any notice, order or recommendation issued or promulgated by competent
government authorities relating to the Pledge, Pledgors shall deliver such notice, order or
recommendation to Pledgee, and shall comply with the same, or make objections or statements with
respect to the same upon Pledgee’s reasonable request or with Pledgee’s consent.

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     7.1.3 Pledgors shall promptly notify Pledgee of any event or notice received by Pledgors that
may have a material effect on Pledgee’s rights in the Pledged Property or any portion thereof, as
well as promptly notify Pledgee of any change to any warranty or obligation of Pledgors hereunder,
or any event or notice received by Pledgors that may have a material effect to any warranty or
obligation of the Pledgors hereunder.

7.2 Pledgors warrant that Pledgee’s exercise of the Pledge Rights as pledge pursuant to this
Agreement shall not be interrupted or impaired by Pledgors or any successors or representatives of
Pledgors or any other parties through any legal proceedings.

7.3 Pledgors hereby warrant to Pledgee that, to protect or perfect the security interest created by
this Agreement to secure the Secured Indebtedness, Pledgors will execute in good faith, and cause
other parties who have an interest in the Pledge Rights to execute, all certificates of rights and
instruments as requested by Pledgee, and/or take any action, and cause other parties who have an
interest in the Pledge Rights to take any action, as requested by Pledgee, and facilitate the
exercise by Pledgee of its rights and authority provided hereunder, and execute all amendment
documents relating to certificates of Share Equity with Pledgee or its designated person(s)
(natural persons/legal persons), and shall provide Pledgee, within a reasonable period of time,
with all notices, orders and decisions regarding the Pledge Rights requested by Pledgee. Pledgors
hereby warrant to Pledgee that, for Pledgee’s benefit, Pledgors shall comply with and perform all
warranties, covenants, agreements, representations and conditions provided hereunder. In the event
that Pledgors fail to perform or partially perform any warranties, covenants, agreements,
representations and conditions, Pledgors shall indemnify Pledgee for all of its losses resulting
therefrom.

8. EVENTS OF DEFAULT

8.1 Each of the following events shall constitute an Event of Default:

     8.1.1 Mijia Tech fails to pay in full any Secured Indebtedness on time;

     8.1.2 Any representation or warranty made by Pledgors under Article 6 of this Agreement is
materially misleading or untrue, or Pledgors have violated any of the warranties in Article 6 of
this Agreement;

     8.1.3 Pledgors breach any of the covenants in Article 7 of this Agreement;

     8.1.4 Pledgors breach any other provisions of this Agreement;

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     8.1.5 Pledgors give up all or any part of the Pledged Property, or transfer all or any part of
the Pledged Property without the written consent of Pledgee (except the transfers permitted
hereunder);

     8.1.6 Any of Pledgors’ loans, guarantees, indemnification, commitment or other indebtedness to
any third party (1) have been subject to a demand of early repayment or performance due to an event
of default; or (2) have become due but failed to be repaid or performed in a timely manner, thus
leading Pledgee to believe that Pledgors’ ability to perform their obligations under this Agreement
has been impaired;

     8.1.7 Pledgors are unable to repay any other material debts;

     8.1.8 Any applicable laws have rendered this Agreement illegal or made it impossible for
Pledgors to continue to perform their obligations hereunder;

     8.1.9 All approvals, licenses, permits or authorizations from government agencies that make
this Agreement enforceable, legal and effective have been withdrawn, terminated, invalidated or
substantively revised;

     8.1.10 Any adverse change has taken place to any properties owned by Pledgors, which leads
Pledgee to believe that Pledgors’ ability to perform their obligations under this Agreement has
been affected;

     8.1.11 The successor or trustee of Mijia Tech is only able to partially perform or refuses to
perform the payment obligations under the Service Agreements;

     8.1.12 Any breach of other provisions of this Agreement resulting from any action or omission
by Pledgors; and

     8.1.13 Any other event whereby Pledgee is unable to exercise its right with respect to the
Pledge hereunder pursuant to relevant laws.

8.2 Pledgors shall immediately notify Pledgee in writing of any event set forth in Section 8.1 or
any circumstance which may lead to any such event as soon as Pledgors know or are aware of such
event.

8.3 Unless an Event of Default set forth in this Section 8.1 has been resolved to the satisfaction
of Pledgee, Pledgee may, upon the occurrence of an Event of Default or at any time thereafter,
issue a Notice of Default to Pledgors in writing and demand that Mijia Tech to immediately pay all
the amounts due under the Service Agreements and all other amounts payable due to Pledgee, or
exercise Pledge Rights in accordance with the provisions of this Agreement as permitted by Chinese
laws and regulations.

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9. EXERCISE OF PLEDGE RIGHTS

9.1 Prior to the full payment of Secured Indebtedness under the Service Agreements, Pledgors shall
not assign, or in any other manner dispose of, the Pledged Property without Pledgee’s written
consent.

9.2 If there is any event of Default as set forth in Article 8, Pledgee shall issue a Notice of
Default to Pledgors when exercising the Pledge Rights.

9.3 Subject to the provisions of Section 8.3, Pledgee may exercise the right to dispose of the
Pledged Property concurrently with the issuance of the Notice of Default in accordance with Section
8.3 or at any time after the issuance of the Notice of Default.

9.4 Pledgee shall have the right to dispose of the Pledged Property under this Agreement in part or
in whole in accordance with legal procedures as permitted by Chinese law (including but not limited
to negotiated transfer, auction or sale of the Pledged Property) and receive a priority payment
from the proceeds of the Pledged Property until all of the Secured Indebtedness have been fully
repaid.

9.5 When Pledgee disposes of Pledge Property in accordance with this Agreement, Pledgors shall not
create any impediment, and shall provide necessary assistance to enable Pledgee to exercise the
Pledge Rights.

10. ASSIGNMENT

10.1 Without Pledgee’s prior consent, Pledgors cannot give away or assign to any party their rights
and obligations under this Agreement.

10.2 This Agreement shall be valid and binding on each Pledgor and their respective successors.

10.3 Pledgee may assign any and all of its rights and obligations under the Service Agreements to
its designated person(s) (natural/legal persons) (“Assignee”) at any time, in which case the
Assignee shall have the rights and obligations of Pledgee under this Agreement, as if it were a
party to this Agreement.

10.4 In the event that the Pledgee changes due to any transfer permitted hereunder, the new parties
to the Pledge shall execute a new pledge agreement.

11. TERMINATION

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     This Agreement shall be terminated when the Secured Indebtedness has been fully repaid and
Mijia Tech is no longer obliged to undertake any obligations under the Service Agreements. In this
circumstance, Pledgee shall cancel or terminate this Agreement and cooperate to file deregister
procedures of the Pledge as soon as reasonably practicable.

12. HANDLING FEES AND OTHER EXPENSES

12.1 All fees and out of pocket expenses relating to this Agreement, including but not limited to
legal fees, cost of documentation, stamp duty and any other taxes and fees, shall be borne by
Pledgors. In the event that the law requires Pledgee to pay any taxes, Pledgors shall reimburse
Pledgee for such taxes paid by Pledgee.

12.2 In the event that Pledgors fail to pay any taxes or fees in accordance with the provisions of
this Agreement, or due to any other reasons, Pledgee has to recover such taxes and fees payable by
Pledgors through any means or in any manner, all costs and expenses (including but not limited to
all the taxes, handling fees, management fees, cost of litigation, attorney’s fees and insurance
premiums) resulting therefrom shall be borne by Pledgors.

13. FORCE MAJEURE

13.1 In the event that the performance of this Agreement is delayed or impeded by “an event of
force majeure”, the party affected by such event of force majeure shall not be liable for any
liability hereunder with respect to the part of performance being delayed or impeded. “An event of
force majeure” means any event beyond the reasonable control of the effected party and cannot be
avoided even if the affected party has exercised reasonable care, which include but not limited to
government actions, acts of God, fire, explosions, geographic changes, storms, flood, earthquakes,
tides, lightning and war. Notwithstanding the foregoing, a lack of credit, funds or financing shall
not be deemed as a circumstance beyond the reasonable control of an effected party. The party
affected by “an event of force majeure” and seeking to relieve the performance liability under this
Agreement or any provisions thereof shall notify the other party of its intention for seeking such
relief and the measures it will take to reduce the impact of the force majeure as soon as possible.

13.2 The party affected by force majeure shall not be liable for any liability with respect to the
part of performance being delayed or impeded if the effected party has taken reasonable efforts to
perform this Agreement. As soon as the cause of such relief is corrected and remedied, the Parties
shall use their best efforts to resume the performance of this Agreement.

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14. RESOLUTION OF DISPUTES

14.1 This Agreement shall be governed by and construed according to the laws of the PRC.

14.2 In the event of any dispute with respect to the construction and performance of the provisions
of this Agreement, the parties shall first try to resolve the dispute through friendly
consultations with good faith. Within thirty (30) days upon failure of such consultations, any
party may submit the relevant disputes to the Hangzhou Arbitration Commission for arbitration in
accordance with its then effective arbitration rules. The arbitration tribunal shall be three (3)
arbitrators and shall be administered in Hangzhou and the language used for the arbitration shall
be Chinese. The arbitration award shall be final and binding on all parties. Unless otherwise
decided by the arbitration tribunal, the arbitration fee shall be borne by the losing party.

15. NOTICES

     Notices sent by the parties hereto shall be in writing (“in writing” shall include facsimiles
and telexes). If sent by hand, such notice shall be deemed to have been delivered upon actual
delivery; if sent by telex or facsimile, such notice shall be deemed to have been delivered at the
time of transmission. If the date of transmission is not a business day or if transmission is after
working hours, then the next business day shall be deemed as the date of delivery. The address of
delivery shall be the addresses of the Parties stated on the first page of this Agreement or
addresses notified in writing at any time after this Agreement is executed. The form of writing
shall include fax and telex.

16. AMENDMENTS, TERMINATION AND CONSTRUCTION

16.1 This Agreement shall not be amended, modified or terminated unless such amendment,
modification and termination has been agreed by all of the Parties and Parties have obtained all
necessary authorization and approvals with respect to such amendment, modification and termination.
The attachments, appendixes and other amendments and modifications shall constitute the integral
part of this Agreement.

16.2 The duly signed supplemental agreements and amendment to this Agreement shall be the integral
part of this Agreement and shall have the equivalent legal effect.

16.3 The provisions to this Agreement are severable from each other. The invalidity of any
provision hereof shall not effect the validity or enforceability of any other provision hereof.

17. EFFECTIVENESS AND OTHERS

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17.1 This Agreement shall take effect upon satisfaction of the following conditions:

	 	(1)	 	This Agreement has been executed by all parties hereto; and
	 
	 	(2)	 	Pledgors have recorded the Pledge of Pledge Property hereunder in the
Shareholders’ List of Mijia Tech and have handed over such list to Pledgee.

17.2 If any provision of this Agreement is invalid or unenforceable because of inconsistent with
the relevant laws, such provision shall be only deemed invalid in such jurisdiction and shall not
affect the validity of the remaining provisions.

17.3 This Agreement is written in Chinese in five counterparts. Each of the Parties shall hold one
counterpart and one counterpart is left for filing. Those counterparts shall have the same legal
effect.

IN WITNESS WHEREOF, the parties have caused this Agreement executed by their duly authorized
representatives in Hangzhou on the date first above written.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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[Execution Page Only]

	 	 	 	 	 	 	 
	Hangzhou Dianneng Technologies Co.,
Ltd.	 	Hangzhou Mijia Technologies Co., Ltd.
	 
	 	 	 	 	 	 
	(Company Seal)	 	(Company Seal)
	 
	 	 	 	 	 	 
	Signature:

	 	/s/ Song Tao
	 	Signature:
	 	/s/ Song Tao
	 

	 	 
	 	 	 	 
	Name:

	 	 	 	Name:	 	 
	Title:

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	Mr. Michael Tao Song	 	Mr. Zhiyi Xia
	 
	 	 	 	 	 	 
	Signature:

	 	/s/ Song Tao
	 	Signature:
	 	/s/ Zhiyi Xia
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Mr. Guoping Qu	 	Ms. Zi Jin
	 
	 	 	 	 	 	 
	Signature:

	 	/s/ Guoping Qu
	 	Signature:
	 	/s/ Zi Jin
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Mr. Yan Tang	 	Mr. Wenjie Wu
	 
	 	 	 	 	 	 
	Signature:

	 	/s/ Yan Tang
	 	Signature:
	 	/s/ Wenjie Wu
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Mr. Zhe Wang	 	Mr. Li Ou
	 
	 	 	 	 	 	 
	Signature:

	 	/s/ Zhe Wang
	 	Signature:
	 	/s/ Li Ou
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Mr. Qing Yan	 	Mr. Rui Zeng
	 
	 	 	 	 	 	 
	Signature:

	 	/s/ Qing Yan
	 	Signature:
	 	/s/ Rui Zeng
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Mr. Wanyan Shao	 	 	 	 
	 
	 	 	 	 	 	 
	Signature:

	 	/s/ Wanyan Shao	 	 	 	 
	 

	 	 	 	 	 	 

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Appendix 1:

	1.	 	Technical Support Agreement (made on [   ], 2010), also Appendix 4A
	 
	2.	 	Strategic Consulting Service Agreement (made on [   ], 2010), also Appendix 4B
	 
	3.	 	Intellectual Property License Agreement (made on [   ], 2010), also Appendix 2

13exv10w27

English Translation

Exhibit 10.27

Lease Contract

	 	 	 	 	 

	Lessor (Party A):

	 	Yunian Huang
	 	ID Card No.:
	 
	 	 	 	 
	 

	 	Qiulong Zhu
	 	ID Card No.:
	 
	 	 	 	 
	Lessee (Party B):	 	Hangzhou Sky Network Technologies Co., Ltd.

Pursuant to the provisions of the Contract Law of the People’s Republic of China and relevant laws
and regulations, Party A and Party B, abiding by the principles of equality and free will and after
negotiations, hereby enter into this Contract with respect to Party A leasing its own houses to
Party B and Party B leasing the houses from Party A in order to define their respective rights and
obligations.

			
	Article 1	 	Party A warrants that the houses it leases to Party B hereunder
comply with the relevant state regulations governing
lease.

			
	Article 2	 	Leased premises and purpose of lease

	1.	 	Party A hereby leases to Party B for office purpose Rooms 1001 and 1002 (total construction
area 3,111.88m2 but subject to the real property certificate) of Building B of the
“United Tower” (Zijinhua Road to the west, Tianmushan Road to the south separated by the
Yanshan River, China Netcom Office Building to the north separated by the Guihua Road, and
Diyi Factory to the east) located at Laodongyue Village, Liuxia Town, Xihu District, Hangzhou
(the “Premises”). The floor plan of the Premises is attached hereto.

			
	Article 3	 	Lease term, rent and payment

	1.	 	The lease term hereunder is two years beginning on Oct.1, 2009 and ending on Sept.30, 2011.
	 
	2.	 	The rent (including tax) is RMB2.342/square meter/day.

 

 

	3.	 	The rent shall be settled in Renminbi once every half year. The initial payment of rent,
which shall be made within one week after execution hereof, is RMB1,326,420.00 and is for the
rent for the period from Oct.1, 2009 to March 31, 2010. Party B shall not use the Premises
before making the initial payment. Party B shall pay the rent for the next half year at least
one month before it begins and Party A shall within one week after receipt of such rent
provide Party B with a formal lease invoice, unless any special circumstance renders it
impossible to do so.
	 
	4.	 	Party B shall pay RMB186,700.00 (in words: Renminbi one hundred eighty-six thousand and seven
hundred ONLY) on August 31, 2009 to Party A as the deposit which will be refunded to Party B
without interest after the lease term hereunder expires or is terminated earlier, provided
that Party B has settled all related fees and expenses. Party A shall give Party B an
individual receipt for such deposit within three days after receipt thereof.
	 
	5.	 	Party B shall bear all the other related fees and expenses (e.g. property management fee,
power fee, water fee, etc) incurred thereby during the lease term.
	 
	6.	 	If the state adjusts the tax rate on leased premises during the lease term hereunder, the
rent shall also be accordingly adjusted.

			
	Article 4	 	Repair and use of the Premises

	1.	 	Party B shall reasonably use the Premises and its auxiliary facilities and shall immediately
repair or pay compensation for any damage caused to the Premises or any of its auxiliary
facilities by any improper use by Party B. If Party B plans to modify any internal
weight-bearing structure or decoration of the Premises or set up any equipment which may have
material impact on the structure of the Premises, Party B shall obtain prior written consent
from Party A to the corresponding schemes, including design, scope, process, materials, etc,
and permits from relevant government authorities before commencing construction. Unless
otherwise agreed between both parties, after the expiration of the lease term or if the lease
hereunder is terminated earlier due to any reason on the part of Party B, Party A shall have
the right to choose to exercise any one of the following rights:

	 	(1)	 	All the decorations attached to the Premises shall belong to Party A.
	 
	 	(2)	 	Demand Party B to remove decorations.
	 
	 	(3)	 	Charge Party B all the reasonable expenses actually incurred in removing
decorations.

 

 

	2.	 	During the lease term, Party A shall guarantee the safety and rentable status of the Premises
and repair normal damage to or wear of the Premises. Party A is not responsible for repairing
the decorations made by Party B. In addition, Party B shall accept Party A’s supervision over
the safety and fire prevention of the Premises and duly conduct fire prevention work of the
Premises .

			
	Article 5	 	Transfer and sublease of the Premises

	1.	 	During the lease term hereunder, Party A shall have the right to transfer the Premises. After
such transfer, this Contract also applies to the new owner of the Premises and Party B.
	 
	2.	 	Without the prior written consent of Party A, Party B shall not sublease or sublet the
Premises.
	 
	3.	 	If Party A plans to sell the Premises, it shall give Party B written notice of two months in
advance and, under the same conditions, Party B shall have the right of first refusal.

			
	Article 6	 	Modification, rescission and termination

	1.	 	Both parties may modify or terminate this Contract through negotiation.
	 
	2.	 	Party B shall have the right to cancel this Contract if

	 	(1)	 	Party A fails to deliver the Premises or the Premises delivered fails to meet the
agreed conditions, thus materially affecting the use of the Premises; or
	 
	 	(2)	 	The quality of the Premises materially affects the use thereof.

	3.	 	During the lease term hereunder, Party A shall have the right to cancel this Contract and
repossess the Premises if Party B

	 	(1)	 	Subleases or sublets the Premises without the prior written consent of Party A; or
	 
	 	(2)	 	Modifies the weight-bearing structure of the Premises without the prior written
consent of Party A; or
	 
	 	(3)	 	Materially damages the Premises and fails to repair the damage within the
reasonable period of time requested by Party A; or

 

 

	 	(4)	 	Changes the use of Premises as agreed herein without the prior written consent of
Party A; or
	 
	 	(5)	 	Uses the Premises to store any dangerous goods or carry out any illegal activity;
or
	 
	 	(6)	 	Fails to pay various fees payable by Party B by the due time, which has caused any
material damages to Party A; or
	 
	 	(7)	 	Fails to pay the rent for two months or longer.

	4.	 	Upon expiration of the lease term hereunder, Party A shall have the right to repossess and
Party B shall duly surrender the leased Premises. If Party B intends to continue the lease, it
shall so notify Party A at least two months before the expiration of the lease term hereunder.
If Party A intends to lease the Premises after the expiration of the lease term hereunder,
Party B shall have the right of first refusal under the same conditions.
	 
	5.	 	This Contract will automatically terminate upon the expiration of the lease term hereunder.
	 
	6.	 	This Contract will terminate if its performance is rendered impossible by any force majeure
event and in such a case Party A shall refund the rent previously charged for the period for
which the Premises is not leased.

			
	Article 7	 	Acceptance inspection of delivery and surrender of the Premises

	1.	 	Party A shall guarantee that the leased Premises and its auxiliary facilities and equipment
are in normal and usable conditions.
	 
	2.	 	Both parties shall participate in acceptance inspection and raise dispute (if any) over
hardware facilities and equipment (including decorations, utensils etc) on the spot. If it is
difficult to make testing and determination on the spot, either party shall raise such dispute
within 10 days and Party A shall actively cooperate with Party B in correcting problems as
soon as possible.
	 
	3.	 	After the expiration of the lease term hereunder, Party B shall surrender the Premises and
its auxiliary facilities and equipment to Party A.
	 
	4.	 	Party B shall surrender the Premises and its auxiliary facilities and equipment to Party A in
a good condition, not leave any articles in or affect the normal use of the

 

 

	 	 	Premises. Party A is entitled to dispose of any articles
that are left without Party A’s consent.

			
	Article 8	 	Party A’s defaulting liabilities

	1.	 	If Party A fails to provide the Premises as agreed herein, it shall pay to Party B 50% of the
two years’ total rent hereunder as the liquidated damages and at the same time, Party B shall
have the right to unilaterally cancel this Contract and demand Party A to refund any and all
the fees and expenses (including but not limited to rent, deposit, etc) previously paid by
Party B to Party A.
	 
	2.	 	During the performance hereof, for every day past the due time for delivery of the Premises,
Party A, it shall exempt Party B of the rent for the day in question and pay Party B two day’s
rent as the liquidated damages. If Party A fails to deliver the Premises for more than one
month after the due time, it shall be regarded as unable to provide the Premises as agreed
herein, unless not due to any reason on the part of Party A.
	 
	3.	 	If Party A defaults, Party B shall have the right to choose to request specific performance
or rescission of hereof and at the same time Party A shall pay to Party B 50% of the two
years’ total rent hereunder as the liquidated damages. If Party B chooses to cancel this
Contract, Party A, in addition to pay the above-said liquidated damages, shall also refund the
rent for the unused period of the lease term and the deposit and compensate Party B for any
and all the economic losses sustained thereby (including but not limited to direct or indirect
economic losses, e.g. decoration and renovation fees, relocation fees, etc).

			
	Article 9	 	Party B’s defaulting liabilities

	1.	 	During the lease term hereunder, Party A shall have the right to terminate this Contract and
repossess the Premises and Party B shall pay to Party A 50% of the total rent for two years
hereunder as the liquidated damages and, if such liquidated damages are insufficient to cover
the losses suffered by Party A, compensate Party A for the difference, if Party B

	 	(1)	 	Subleases or sublets the Premises to any third party without the prior written
consent from Party A; or
	 
	 	(2)	 	Modifies the weight-bearing structure without the prior written consent of Party A
or causes material damage to the Premises; or
	 
	 	(3)	 	Changes the use of the Premises as agreed herein or carries out any illegal

 

 

	 	 	 	activity in the Premises; or
	 
	 	(4)	 	Fails to pay the rent for two months or longer.

	2.	 	During the lease term hereunder, if Party B fails to pay any fee by the due time, it shall
pay to Party A 1% of the overdue fee as the late fee for every day after the due time.
	 
	3.	 	During the lease term hereunder, if Party B surrenders the Premises earlier without the prior
consent of Party A, Party B shall pay to Party A 50% of the total rent for two years hereunder
as the liquidated damages. If such liquidated damages are insufficient to cover the losses
sustained by Party A as a result of such earlier termination, Party B shall be responsible for
compensating Party A for the difference.
	 
	4.	 	If Party B fails to pay any rent by the due time, for every day after the due time, it shall
pay two days’ rent to Party A as the late fee.
	 
	5.	 	Upon the expiration of the lease term hereunder, Party B shall surrender the Premises by the
specified time, failing which Party B shall pay to Party A a late fee equal to twice the
original daily rent for every day after the specified time and shall be responsible for
compensating Party A for all the losses sustained by Party A as a result of such past due
surrender.

			
	Article 10	 	Exemption of liabilities

	1.	 	Neither party shall be responsible to the other party for inability to continue performance
hereof or any loss caused by any force majeure event.
	 
	2.	 	Neither party shall be responsible to the other party for any loss as a result of demolishing
or reconstructing the Premises due to the state policy.
	 
	3.	 	If this Contract is terminated due to any of the above reasons, the rent shall be calculated
on the basis of the actual number of days of use. Party A shall pay the surplus to and claim
the difference from Party B.
	 
	4.	 	For the purposes hereof, force majeure refers to “any objective circumstance that is
unforeseeable, unavoidable and insurmountable”.

 

 

			
	Article 11	 	Dispute resolution

Any dispute arising out of or in connection with this Contract shall be resolved by both parties
through friendly negotiation or submitted for mediation. In case neither negotiation nor mediation
resolves the dispute, it shall be resolved by the means as set forth in Paragraph 1 below (only choose one means):

	1.	 	by submitting the dispute to Hangzhou Arbitration Commission for arbitration.
	 
	2.	 	By bringing a lawsuit before the people’s court of competent jurisdiction in accordance with
law.\.

			
	Article 12	 	Other matters agreed

	1.	 	Party A hereby agrees that a rent-free period for decoration granted to Party B hereunder
begins on Sept.1, 2009 and ends on Sept.31, 2009 and that the rent will be accrued on and
after Oct.1, 2009.
	 
	2.	 	During the lease term hereunder, if Party A duly and legally obtains the real property right
certificate, land use certificate and title deed and successfully enters into with Party B the
purchase and sale contract for the Premises and upon the transfer of such property right
certificate, land use certificate and title deed to Party B, this Contract will be
automatically terminated. The expenses incurred during the time prior to such termination will
be settled according to the actual use.
	 
	3.	 	Party A shall provide Party B all the documents necessary for Party B to obtain relevant
certificates (including the business license).
	 
	4.	 	Party A hereby agrees that Party B may remove the suspended ceilings and door walls during
decoration and that, after the expiration hereof, all the decorations shall be removed at the
request of Party A, except that the suspended ceilings may not be restored.
	 
	5.	 	It is agreed by both parties that Party A shall deliver the Premises together with the keys
to Party B on August 31, 2009 and complete all the relevant settlement formalities for
relevant fees on the same day.

Article 13 This Contract will take effect upon signing or stamping by both parties. This Contract
and its attachments are made in duplicate, one copy for each of Party A and Party B. Both copies
have the same legal force and effect.

 

 

	 	 	 	 	 	 	 

	Lessor:

	 	Yunian Huang, Qiulong Zhu
	 	Lessee:
	 	Hangzhou Sky
Network
Technologies Co.,
Ltd.
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	[seal: Hangzhou Sky
Network
Technologies Co.,
Ltd.]

	 	 	 	 	 

	Representatives:

	 	/s/ Huang Yunian,
	 	Representative:
	 
	 	 	 	 
	 

	 	/s/ Zhu Qiulong	 	 
	 
	 	 	 	 
	Date: August 31, 2009	 	Date:

 

 

0055-230055-1004-0002

Supplementary Agreement

	 	 	 	 	 

	Lessor (Party A):

	 	Yunian Huang
	 	ID Card No.:
	 
	 	 	 	 
	 

	 	Qiulong Zhu
	 	ID Card No.:
	 
	 	 	 	 
	Lessee (Party B):	 	Hangzhou Sky Network Technology Co., Ltd.

WHEREAS, Party A and Party B have entered into the Lease Main Contract on August 31, 2009 and
Party A agrees to lease to Party B for office purpose Room#1001 and 1002 of Building B of the
“United Tower” located at No. 2 Zijinhua Road, Hangzhou, and, considering the long-term cooperation
between both parties, Party A and Party B hereby make the following amendments to the
above-mentioned Lease Main Contract:

	1)	 	Article 3 of the Main Contract: Lease term, rent and payment
	 
	 	 	The original text “The lease term hereunder is two years beginning on Oct.1, 2009 and ending
on Sept.30, 2011.” is hereby modified as “The lease term will begin on Oct.1, 2009 and end on
May 14, 2012.”
	 
	2)	 	Article 5 of the Main Contract: Transfer and sublease of the Premises. The original text
“Without the prior written consent of Party A, Party B shall not sublease or sublet the
Premises.” is hereby modified as “Without the prior written consent of Party A, Party B shall
not sublease or sublet the Premises to any third party except any of Party B’s affiliates (an
“affiliate” is another subsidiary of Party B’s parent company), provided that Party B produces
the photocopy of the business license of the affiliate, the photocopy of the affiliation
certificate, etc.”

This Supplementary Agreement shall become effective upon signing and stamping by both parties and
is made in quadruplicate, two copies for each of Party A and Party B. All these four copies have
the same legal force and effect.

 

 

	 	 	 	 	 	 	 

	Lessor:

	 	Yunian Huang, Qiulong Zhu
	 	Lessee:
	 	Hangzhou Sky Network
Technologies Co., Ltd.
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	[seal: Hangzhou Sky
Network Technologies
Co., Ltd.]

	 	 	 	 	 

	Representatives:

	 	/s/ Huang Yunian,
	 	Representative:
	 
	 	 	 	 
	 

	 	/s/ Zhu Qiulong	 	 
	 
	 	 	 	 
	Date:

	 	 	 	Date:

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