Document:

Form of Employment Agreement with Executive Officers

 Exhibit 10.4 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 This EXECUTIVE EMPLOYMENT AGREEMENT (the
“Agreement”) is entered into as of May 31, 2007 by and between Noah Education Holdings Ltd., a company incorporated and existing under the laws of the Cayman Islands (the “Company”), and [Mr.][Ms.]
                            , an individual (the “Executive”). The term
“Company” as used herein with respect to all obligations of the Executive hereunder shall be deemed to include the Company and all of its direct or indirect parent companies, subsidiaries, affiliates, or subsidiaries or affiliates of its
parent companies (collectively, the “Group”). 
 RECITALS 
 A. The Company desires to employ the Executive and to assure itself of the services of the Executive during the term of Employment (as defined below). 
 B. The Executive desires to be employed by the Company during the term of Employment and under the terms and conditions of this Agreement. 
 AGREEMENT 
 The parties hereto agree
as follows: 
  

	1.	POSITION 

 The Executive hereby accepts a position
of                              (the “Employment”) of the Company. 
  

	2.	TERM 

 Subject to the terms and conditions of this
Agreement, the initial term of the Employment shall be              years, commencing on
                    , 200     (the “Effective Date”), until
                    , 20    , unless terminated earlier pursuant to the terms of this Agreement. Upon expiration of
the initial             -year term, the Employment shall be automatically extended for successive one-year terms unless either party gives the other party hereto a prior written
notice to terminate the Employment prior to the expiration of such one-year term or unless terminated earlier pursuant to the terms of this Agreement. 
  

	3.	DUTIES AND RESPONSIBILITIES 

 The Executive’s
duties at the Company will include all jobs assigned by the Board of Directors of the Company (the “Board”) and the Company’s Chief Executive Officer and President. [The Executive hereby agrees and acknowledges that one of
[his][her] initial responsibilities is to work with the Board, the Company’s management and other relevant personnel to prepare for the initial public offering of the Company’s securities on an internationally recognized reputable stock
exchange.] 
 The Executive shall devote all of [his][her] working time, attention and skills to the performance of [his][her] duties at the
Company and shall faithfully and diligently serve the Company in accordance with this Agreement and the guidelines, policies and procedures of the Company approved from time to time by the Board. 

 The Executive shall use [his][her] best efforts to perform [his][her] duties hereunder. The Executive
shall not, without the prior written consent of the Board, become an employee or consultant of any entity other than the Company and/or any member of the Group, and shall not carry on or be interested in the business or entity that competes with
that carried on by the Group (any such business or entity, a “Competitor”), provided that nothing in this clause shall preclude the Executive from holding any shares or other securities of any Competitor that is listed on any
securities exchange or recognized securities market anywhere. The Executive shall notify the Company in writing of [his][her] interest in such shares or securities in a timely manner and with such details and particulars as the Company may
reasonably require. 
  

	4.	NO BREACH OF CONTRACT 

 The Executive hereby
represents to the Company that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms
of any other agreement or policy to which the Executive is a party or otherwise bound, except for agreements that are required to be entered into by and between the Executive and any member of the Group pursuant to applicable law of the jurisdiction
where the Executive is based, if any; (ii) that the Executive has no information (including, without limitation, confidential information and trade secrets) relating to any other person or entity which would prevent, or be violated by, the
Executive entering into this Agreement or carrying out [his][her] duties hereunder; (iii) that the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this) with any other person or entity except for
other member(s) of the Group, as the case may be. 
  

	5.	LOCATION 

 The Executive will be based in
[Shenzhen], China until both parties hereto agree to change otherwise. 
  

	6.	COMPENSATION AND BENEFITS 

  

	 	(a)	Cash Compensation. The Executive’s cash compensation shall be provided by the Company pursuant to Schedule A hereto, subject to annual review and adjustment by
the Board. 

  

	 	(b)	Equity Incentives. To the extent the Company adopts and maintains a share incentive plan, the Executive will be eligible to participate in such plan pursuant to the terms
thereof as determined by the Company. 

  

	 	(c)	[Housing Accommodation][Relocation]. The Company will arrange and pay for the Executive’s reasonable expenses of [housing accommodation in][relocation to] [Shenzhen],
PRC. 

  

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	 	(d)	Benefits. The Executive is eligible for participation in any standard employee benefit plan of the Company, including any health insurance plan and annual holiday plan.

  

	7.	TERMINATION OF THE AGREEMENT 

  

	 	(a)	By the Company. The Company may terminate the Employment for cause, at any time, without advance notice or remuneration, if (1) the Executive is convicted or pleads
guilty to a felony or to an act of fraud, misappropriation or embezzlement, (2) the Executive has been negligent or acted dishonestly to the detriment of the Company, (3) the Executive has engaged in actions amounting to misconduct or
failed to perform [his][her] duties hereunder and such failure continues after the Executive is afforded a reasonable opportunity to cure such failure, (4) the Executive has died, or (5) the Executive has a disability which shall mean a
physical or mental impairment which, as reasonably determined by the Board, renders the Executive unable to perform the essential functions of [his][her] employment with the Company, even with reasonable accommodation that does not impose an undue
hardship on the Company, for more than 180 days in any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply. In addition, the Company may terminate the Employment without cause, at any
time, upon one-month prior written notice to the Executive during the first year after the Effective Date, two-month prior written notice to the Executive during the second year after the Effective Date, or three-month prior written notice to the
Executive during any period after the second anniversary of the Effective Date. 

  

	 	(b)	By the Executive. If there is a material and substantial reduction in the Executive’s existing authority and responsibilities and such resignation is approved by the
Board, the Executive may resign upon one-month prior written notice to the Company during the first year after the Effective Date, two-month prior written notice to the Company during the second year after the Effective Date, or three-month prior
written notice to the Company during any period after the second anniversary of the Effective Date. 

  

	 	(c)	Notice of Termination. Any termination of the Executive’s employment under this Agreement shall be communicated by written notice of termination from the terminating
party to the other party. The notice of termination shall indicate the specific provision(s) of this Agreement relied upon in effecting the termination. 

  

	 	(d)	Remuneration upon Termination. Upon the Company’s termination of the Employment without cause pursuant to subsection (a) above or the Executive’s resignation
upon the Board’s approval pursuant to subsection (b) above, the Company will provide remuneration to the Executive as follows: (1) if such termination or resignation becomes effective during the first year after the Effective Date,
the Company will provide the Executive with a severance pay equal to one month base salary of the Executive; (2) if such termination or resignation becomes effective during the second year after the Effective Date, the Company will provide the
Executive with a severance pay equal to two month base salary of the Executive; (3) if such termination or resignation becomes effective during any period after the second anniversary of the Effective Date, the Company will provide the
Executive with a severance pay equal to three month base salary of the Executive; and (4) the Executive may exercise any vested option as of the date of termination pursuant to the applicable share incentive plan. Except for the foregoing, the
Executive shall not be entitled to any severance payments or benefits upon the termination of the Employment for any reason. 

  

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	8.	CONFIDENTIALITY AND NONDISCLOSURE 

  

	 	(a)	Confidentiality and Non-disclosure. In the course of the Executive’s services, the Executive may have access to the Company and/or the Company’s client’s
and/or prospective client’s trade secrets and confidential information, including but not limited to those embodied in memoranda, manuals, letters or other documents, computer disks, tapes or other information storage devices, hardware, or
other media or vehicles, pertaining to the Company and/or the Company’s client’s and/or prospective client’s business. All such trade secrets and confidential information are considered confidential. All materials containing any such
trade secret and confidential information are the property of the Company and/or the Company’s client and/or prospective client, and shall be returned to the Company and/or the Company’s client and/or prospective client upon expiration or
earlier termination of this Agreement. The Executive shall not directly or indirectly disclose or use any such trade secret or confidential information, except as required in the performance of the Executive’s duties in connection with the
Employment, or pursuant to applicable law. 

  

	 	(b)	Trade Secrets. During and after the Employment, the Executive shall hold the Trade Secrets in strict confidence; the Executive shall not disclose these Trade Secrets to
anyone except other employees of the Company who have a need to know the Trade Secrets in connection with the Company’s business. The Executive shall not use the Trade Secrets other than for the benefits of the Company.

 “Trade Secrets” means information deemed confidential by the Company, treated by the Company or which the
Executive know or ought reasonably to have known to be confidential, and trade secrets, including without limitation designs, processes, pricing policies, methods, inventions, conceptions, technology, technical data, financial information, corporate
structure and know-how, relating to the business and affairs of the Company and its subsidiaries, affiliates and business associates, whether embodied in memoranda, manuals, letters or other documents, computer disks, tapes or other information
storage devices, hardware, or other media or vehicles. Trade Secrets do not include information generally known or released to public domain through no fault of the Executive. 
  

	 	(c)	Former Employer Information. The Executive agrees that [he][she] has not and will not, during the term of [his][her] employment improperly use or disclose any proprietary
information or trade secrets of any former employer or other person or entity with which the Executive has an agreement to keep in confidence information acquired by Executive, if any. The Executive will indemnify the Company and hold it harmless
from and against all claims, liabilities, damages and expenses, including reasonable attorneys’ fees and costs of suit, arising out of or in connection with any violation of the foregoing. 

  

	 	(d)	Third Party Information. The Executive recognizes that the Company may have received, and in the future may receive, from third parties their confidential or proprietary
information subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. The Executive agrees that the Executive owes the Company and such third parties, during the
Executive’s employment by the Company and thereafter, a duty to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person or firm and to use it in a manner consistent with, and for
the limited purposes permitted by, the Company’s agreement with such third party. 

  

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 This Section 8 shall survive the termination of this Agreement for any reason. In the event the
Executive breaches this Section 8, the Company shall have right to seek any and all remedies at law or in equity. 
  

	9.	INVENTIONS 

  

	 	(a)	Inventions Retained and Licensed. The Executive has attached hereto, as Schedule B, a list describing all inventions, ideas, improvements, designs and discoveries,
whether or not patentable and whether or not reduced to practice, original works of authorship and trade secrets made or conceived by or belonging to the Executive (whether made solely by the Executive or jointly with others) that (i) were
developed by Executive prior to the Executive’s employment by the Company (collectively, “Prior Inventions”), (ii) relate to the Company’ actual or proposed business, products or research and development, and
(iii) are not assigned to the Company hereunder; or, if no such list is attached, the Executive represents that there are no such Prior Inventions. Except to the extent set forth in Schedule B, the Executive hereby acknowledges that, if
in the course of [his][her] service for the Company, the Executive incorporates into a Company product, process or machine a Prior Invention owned by the Executive or in which [he][she] has an interest, the Company is hereby granted and shall have a
nonexclusive, royalty-free, irrevocable, perpetual, worldwide right and license (which may be freely transferred by the Company to any other person or entity) to make, have made, modify, use, sell, sublicense and otherwise distribute such Prior
Invention as part of or in connection with such product, process or machine. 

  

	 	(b)	Disclosure and Assignment of Inventions. The Executive understands that the Company engages in research and development and other activities in connection with its business
[and that, as an essential part of the Employment, the Executive is expected to make new contributions to and create inventions of value for the Company]. 

 From and after the Effective Date, the Executive shall disclose in confidence to the Company all inventions, improvements, designs, original works of authorship, formulas, processes, compositions of matter, computer
software programs, databases, mask works and trade secrets (collectively, the “Inventions”), which the Executive may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to
practice, during the period of the Executive’s Employment at the Company. The Executive acknowledges that copyrightable works prepared by the Executive within the scope of and during the period of the Executive’s Employment with the
Company are “works for hire” and that the Company will be considered the author thereof. The Executive agrees that all the Inventions shall be the sole and exclusive property of the Company and the Executive hereby assign all [his][her]
right, title and interest in and to any and all of the Inventions to the Company or its successor in interest without further consideration. 
  

	 	(c)	 Patent and Copyright Registration. The Executive agrees to assist the Company in every proper way to obtain for the Company and enforce patents, copyrights,
mask work rights, trade secret rights, and other legal protection for the Inventions. The Executive will execute any documents that the Company may reasonably request for use in obtaining or enforcing such patents, copyrights, mask work rights,
trade secrets and other legal protections. The Executive’s obligations under this paragraph will continue beyond the termination of the Employment with the Company, provided that the Company will reasonably compensate the Executive after such
termination for time or expenses actually 

  

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spent by the Executive at the Company’s request on such assistance. The Executive appoints the person designated by the Company as the Executive’s
attorney-in-fact to execute documents on the Executive’s behalf for this purpose. 

  

	 	(d)	Return of Confidential Materials. In the event of the Executive’s termination of employment with the Company for any reason whatsoever, Executive agrees promptly to
surrender and deliver to the Company all records, materials, equipment, drawings, documents and data of any nature pertaining to any confidential information or to [his][her] employment, and Executive will not retain or take with [him][her] any
tangible materials or electronically stored data, containing or pertaining to any confidential information that Executive may produce, acquire or obtain access to during the course of [his][her] employment. 

 This Section 9 shall survive the termination of this Agreement for any reason. In the event the Executive breaches this Section 9, the Company
shall have right to seek any and all remedies at law or in equity. 
  

	10.	NON-COMPETITION AND NON-SOLICITATION 

 In
consideration of the base salary provided to the Executive by the Company hereunder, the adequacy of which is hereby acknowledged by the parties hereto, the Executive agrees that during the term of the Employment and for a period of one year
following the termination of the Employment for whatever reason: 
  

	 	(a)	The Executive will not approach clients, customers or contacts of the Company or other persons or entities introduced to the Executive in the Executive’s capacity as a
representative of the Company for the purposes of doing business with such persons or entities which will harm the business relationship between the Company and such persons and/or entities; 

  

	 	(b)	unless expressly consented to by the Company, the Executive will not assume employment with or provide services for any Competitor, or engage, whether as principal, partner,
licensor or otherwise, in any Competitor; and 

  

	 	(c)	unless expressly consented to by the Company, the Executive will not seek directly or indirectly, by the offer of alternative employment or other inducement whatsoever, to solicit
the services of any employee of the Company employed as at or after the date of such termination, or in the year preceding such termination. 

 The provisions contained in this Section 10 are considered reasonable by the Executive and the Company. In the event that any such provisions should be found to be void under applicable laws but would be valid if
some part thereof was deleted or the period or area of application reduced, such provisions shall apply with such modification as may be necessary to make them valid and effective. 
 This Section 10 shall survive the termination of this Agreement for any reason. In the event the Executive breaches this Section 10, the
Executive acknowledges that there will be no adequate remedy at law, and the Company shall be entitled to injunctive relief and/or a decree for specific performance, and such other relief as may be proper (including monetary damages if appropriate).
In any event, the Company shall have right to seek any and all remedies permissible at law or in equity. 
  

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	11.	ASSIGNMENT 

 This Agreement is personal in its
nature and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or any rights or obligations hereunder; provided, however, that (i) the Company may assign or transfer this Agreement or any
rights or obligations hereunder to any member of the Group without such consent, and (ii) in the event of a change-of-control transaction of the Company, this Agreement shall, subject to the provisions hereof, be binding upon and inure to the
benefit of such successor and such successor shall discharge and perform all the promises, covenants, duties, and obligations of the Company hereunder. 
  

	12.	SEVERABILITY 

 If any provision of this Agreement or
the application thereof is held invalid, the invalidity shall not affect other provisions or applications of this Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this Agreement are
declared to be severable. 
  

	13.	ENTIRE AGREEMENT 

 This Agreement constitutes the
entire agreement and understanding between the Executive and the Company regarding the terms of the Employment and supersedes all prior or contemporaneous oral or written agreements concerning such subject matter. The Executive acknowledges that
[he][she] has not entered into this Agreement in reliance upon any representation, warranty or undertaking which is not set forth in this Agreement. 
  

	14.	GOVERNING LAW 

 This Agreement shall be governed by
and construed in accordance with the law of the State of New York, U.S.A. 
  

	15.	AMENDMENT 

 This Agreement may not be amended,
modified or changed (in whole or in part), except by a formal, definitive written agreement expressly referring to this Agreement, which agreement is executed by both of the parties hereto. 
  

	16.	WAIVER 

 Neither the failure nor any delay on the
part of a party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise of the
same or of any right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence.
No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver. 
  

	17.	NOTICES 

 All notices, requests, demands and other
communications required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given and made if (i) delivered by hand, (ii) otherwise delivered against receipt therefor, or (iii) sent by a
recognized courier with next-day or second-day delivery to the last known address of the other party. 
  

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	18.	COUNTERPARTS 

 This Agreement may be executed in any
number of counterparts, each of which shall be deemed an original as against any party whose signature appears thereon, and all of which together shall constitute one and the same instrument. This Agreement shall become binding when one or more
counterparts hereof, individually or taken together, shall bear the signatures of all of the parties reflected hereon as the signatories. Photographic copies of such signed counterparts may be used in lieu of the originals for any purpose.

  

	19.	NO INTERPRETATION AGAINST DRAFTER 

 Each party
recognizes that this Agreement is a legally binding contract and acknowledges that such party has had the opportunity to consult with legal counsel of choice. In any construction of the terms of this Agreement, the same shall not be construed
against either party on the basis of that party being the drafter of such terms. 
  

	20.	LANGUAGE 

 This Agreement is prepared and executed
in the English. 
 [Remainder of this page has been intentionally left blank.] 
  

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 IN WITNESS WHEREOF, this Agreement has been executed as of the date first written above. 
  

			
	NOAH EDUCATION HOLDINGS LTD.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	EXECUTIVE
		
	By:	 	  

	Name:	 	  

 Schedule A 
 Cash Compensation 
  

					
	 	 	 Amount
	  	 Pay Period

	Base Salary	 	RMB [•] annually (including all statutory welfare reserves that the Company is required to set aside for the Executive under applicable law and all consideration for the Executive’s
obligations under Section 10: “Non-Competition and Non-Solicitation” of the Executive Employment Agreement)	  	Payable in 12 equal monthly installments for each calendar year
			
	 [Cash
 Bonus]
	 	[                    ].	  	Subject to the approval of the Board.

  

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 Schedule B 
 List of Prior Inventions 
  

					
	 Title
	 	 Date
	 	 Identifying Number
 or Brief Description

		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
	 	 	 	 	 
	
	             No inventions or improvements
	
	             Additional Sheets Attached
	
	Signature of Executive:                     
	
	Print Name of Executive:                     
	
	Date:             
	  

  

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 Schedule 
  

							
	No.	  	 Senior Executive Officer
	  	 Term
	  	 Position

	1	  	Dong Xu	  	May 31, 2007 to May 30, 2010	  	Chief Executive Officer
				
	2	  	Choi Kwok Fung, Trevor	  	May 31, 2007 to May 30, 2010	  	Chief Financial Officer
				
	3	  	Benguo Tang	  	May 31, 2007 to May 30, 2010	  	Chief Operating Officer
				
	4	  	Xiaotong Wang	  	May 31, 2007 to May 30, 2010	  	Chief Technology Officer
				
	5	  	Xianquan Xiao	  	May 31, 2007 to May 30, 2010	  	Vice President - Sales
				
	6	  	Wei Zheng	  	May 31, 2007 to May 30, 2010	  	Vice President- Research and Development
				
	7	  	Dingjian Liu	  	May 31, 2007 to May 30, 2010	  	Vice President-Marketing
				
	8	  	Ruchun Zhang	  	May 31, 2007 to May 30, 2010	  	Board Secretary
				
	9	  	Rick Chen	  	June 8, 2007 to June 7, 2010	  	Vice President
				
	10	  	Ming Ouyang	  	May 31, 2007 to May 30, 2010	  	Vice President-Content Development

  

 12English Translation of Software Development and Maintenance Agreement

 Exhibit 10.5 
 ENGLISH TRANSLATION 

 Software Development and
Maintenance Agreement 
 THIS SOFTWARE DEVELOPMENT AND MAINTENANCE AGREEMENT (“this Agreement”) is entered into by the two parties below in
Shenzhen, the People’s Republic of China on and as of June 8, 2007: 
 Party A: Noah Education Technology (Shenzhen) Co., Ltd. 

Address: B1002 Tian An Hi-tech Venture Park Building, Chegongmiao, Futian District, Shenzhen 
 Party B: Shenzhen Zhiyuan Noah Internet Technology Co., Ltd. 
 Address: B1003 Tian An Hi-tech Venture Park Building,
Chegongmiao, Futian District, Shenzhen 
 WHEREAS: 
  

	1)	Party A is a wholly foreign-owned enterprise incorporated in Shenzhen, the People’s Republic of China (“China”) and validly existing under Chinese laws, which is
mainly specialized in the development of the electronic education and learning software products in various formats that can be downloaded for playing and other businesses and has rich experience and resources in respect of the technical support and
management relating to the said businesses; 

  

	2)	Party B is a limited liability company incorporated in Shenzhen, China and validly existing under Chinese laws, which is mainly engaged in (Internet information service, user
service and website making) with the approval of relevant Chinese government department; 

  

	3)	Party B is desirous of entrusting Party A to develop the relevant software required for Noah education website (“Noah Website”, domain name: www.noahedu.com) it owns and
operates and providing subsequent software maintenance management services on and subject to the terms and conditions as set forth below. 

 NOW, THEREFORE, through negotiations, both parties hereby agree as follows: 
  

	1.	Software Development Service and Maintenance Management 

  

	1.1	Subject to the terms and conditions of this Agreement, Party B hereby agrees to appoint Party A as its exclusive software development and maintenance management service provider to
furnish to Party B the development service and maintenance management service regarding all computer software relating to its operation of the Noah Website (“Software”), including, but not limited to: 

  

	 	1.1.1	Develop a dedicated network management platform; 

  

	 	1.1.2	Develop enterprise management systems; 

	 	1.1.3	Offer software solutions based on the requirements raised by Party B regularly; 

  

	 	1.1.4	Install and maintain the systems used by Party B; 

  

	 	1.1.5	Regularly upgrade the systems used by Party B; 

  

	 	1.1.6	Provide the daily management and maintenance of the Noah Website; 

  

	 	1.1.7	At Party B’s request, provide regular technical training for Party B’s technicians; 

  

	 	1.1.8	According to the provisions of this Agreement, authorize the relevant software over which it has ownership and intellectual property rights to Party B for exclusive use.

  

	1.2	Under this Agreement, Party B’s appointment and authorization to Party A shall be sole, exclusive and irrevocable. Without Party A’s prior written consent, Party B shall
not accept the software development and maintenance management services provided by any third party (including its shareholder). 

  

	1.3	Party A shall perform the design and development of the Software according to Party B’s requirements and after initial completion, inform Party B so that Party B begins trial
operation. Prior to trial operation, Party B shall complete the arrangements for the operating environment of the Software, including computer, operating system, network hardware equipment, etc. During trial operation, Party A shall provide relevant
guidance and training at Party B’s request and assist Party B in formal operation after completion of trial operation. 

  

	1.4	Both parties agree that after Party A completes Software development according to the provisions of this Agreement, it shall have all the ownership and intellectual property rights
of such Software, but shall grant to Party B an exclusive license to use such Software within the term of this Agreement. 

  

	1.5	Party A shall have al the ownership and intellectual property rights of the improvements made by it to the Software within the term of this Agreement, but Party A agrees to grant to
Party B an exclusive license to use such improvements. The forms of calculation and payment of the royalties of such improvements are to be agreed upon by both parties. 

  

	2.	Service Fee and Terms of Payment 

  

	2.1	Considering that the software development and maintenance management provided by Party A are directly related to all respects of the operation of the Noah Website by Party B, Party
B agrees to pay the service fee to Party A annually, at a rate of 40% of all Party B’s annual operating revenue during the term of this Agreement. Upon expiry of this Agreement, if both parties agree to continue cooperation, the calculation and
form of payment of service fee are to be agreed upon by both parties. 

  

	2.2	Within the term of this Agreement, Party B shall provide relevant financial data or statements to Party A within 30 days after each fiscal year finishes. Upon confirmation, Party A
shall timely invoice Party B. Within 30 days after receiving the said invoice, Party B shall pay annual service fee to the bank account designated by Party A. 

  

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 Name of account opening bank designated by Party A: Chegongmiao Branch, 
 China Merchants Bank 
 Account name: Noah
Education Technology (Shenzhen) Co., Ltd. 
 Account No.: 3885369310001 
  

	3.	Representations and Warranties 

  

	3.1	Party A hereby makes the following representations and warranties: 

  

	 	3.1.1	Party A is a wholly foreign-owned enterprise incorporated and validly existing under Chinese laws. 

  

	 	3.1.2	The execution and performance of this Agreement by Party A have been duly authorized by all necessary corporate actions on the part of Party A and obtained the consents and
approvals from third parties or governments. Nothing contained herein violates the laws or internal regulations binding upon or influencing it. 

  

	 	3.1.3	All the facts disclosed by Party A to Party B and relevant Chinese supervisory department regarding the execution and performance of this Agreement are free of false information or
any significant issue that needs to be disclosed, but is not disclosed. 

  

	 	3.1.4	Once this Agreement becomes effective, it constitutes a legal, valid and binding obligation enforceable against Party A in accordance with its provisions. 

 

	3.2	Party B hereby makes the following representations and warranties: 

  

	 	3.2.1	Party B is a limited liability company incorporated and validly existing under Chinese laws 

  

	 	3.2.2	The execution and performance of this Agreement by Party B have been duly authorized by all necessary corporate actions on the part of Party B and obtained the consents and
approvals from third parties or governments. Nothing contained herein violates the laws or internal regulations binding upon or influencing it. 

  

	 	3.2.3	All the facts disclosed by Party B to Party A and relevant Chinese supervisory department regarding the execution and performance of this Agreement are free of false information or
any significant issue that needs to be disclosed, but is not disclosed. 

  

	 	3.2.4	Once this Agreement becomes effective, it constitutes a legal, valid and binding obligation enforceable against Party B in accordance with its provisions. 

 

	4.	Confidentiality 

  

	4.1	 Party B shall keep in confidence any and all Party A’s technical data and information accessible or made available to it owing to the software services under
this Agreement (“Confidential Information”), regardless of whether Party A has 

  

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taken confidentiality actions or not. Without the prior written consent of Party A, Party B shall not disclose, divulge or transfer the Confidential
Information to any third party or use it for the benefit of any third party. 

  

	4.2	Party B guarantees that it will make the Confidential Information accessible to its employees, consultants and agents on a need to know basis only for the purpose of performing this
Agreement and further guarantees that such employees, consultants and agents will undertake the same confidentiality obligations as those as specified herein. Any breach of confidentiality obligations by any of such personnel shall be deemed as a
breach hereof by Party B. In this case, Party B shall undertake the defaulting liabilities under this Agreement to Party A. 

  

	4.3	Upon termination of this Agreement, Party B shall return to Party A or destroy all documents and other carriers incorporating Confidential Information at Discloser’s option.
Any memory device of Party B shall not retain or use such Confidential Information. 

  

	4.4	Both parties agree that this Article will survive the change, termination or expiry of this Agreement. 

  

	5.	Infringement 

  

	5.1	Should any of the following situations be known to Party B, it shall timely provide details and necessary information to Party A and take further actions according to Party A’s
instructions: 

  

	 	5.1.1	A third party questions or makes a claim for the ownership or intellectual property rights of the Software; or 

  

	 	5.1.2	A third party applies for the registration of or uses copied or imitated Software in China or other country or region. 

  

	5.2	Should any of the situations as set forth in Article 5.1 hereof occur, Party A shall be entitled to take or entrust Party B to take relevant legal actions (including, but not
limited to, relevant administrative proceedings and/or judicial proceedings). The assumption of relevant expenses arising when Party A takes relevant legal actions according to Party A’s instructions is to be agreed upon by Party A and Party B.

  

	6.	Effectiveness and Term 

  

	6.1	This Agreement shall be signed and go into effect as of the date first above written. This Agreement shall be valid for ten (10) years, unless terminated prematurely according
to Article 7 below. 

  

	6.2	This Agreement may be automatically extended for another year if neither party makes a written objection prior to the expiry of this Agreement. 

  

	6.3	Upon expiry of the term of this Agreement or if this Agreement is prematurely terminated prematurely according to Article 7 below, articles 3.2, 4, 5, 8 and 10 shall remain in full
force and effect. 

  

	7.	Premature Termination 

  

	7.1	Should any of the following cases occur with Party B, Party A shall be entitled to terminate this Agreement with immediate effect upon giving a written notice to Party B:

  

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	 	7.1.1	Party B transfers, sublicenses, leases, donates, pledges, puts under the custody of, uses as a contribution in kind or otherwise disposes of any of its rights and/or obligations
under this Agreement to any third party; 

  

	 	7.1.2	Party B applies for the registration of copied or imitated software in China or any other country or assists any third party in doing so; 

  

	 	7.1.3	Party B questions, denies or institutes administrative or judicial proceedings about the ownership or other intellectual property rights of software in China or any other country or
region, or assists any third party in doing so; 

  

	 	7.1.4	Party B is wound up, dissolved or involved in liquidation proceedings or files an application for bankruptcy or an application for bankruptcy is filed against it, its business
license is canceled or otherwise. 

  

	7.2	Notwithstanding the foregoing, in the event that Party B breaches any of its other obligations or its representations and warranties under this Agreement, or its representations and
warranties are inconsistent with the actual situation, and Party B fails to cure such breach within 30 days after receiving Party A’s written notice, Party A may terminate this Agreement with immediate effect upon giving a written notice to
Party B. 

  

	7.3	Within the term of this Agreement, Party A may terminate this Agreement at any time upon 30 days prior written notice to Party B. 

  

	7.4	In case this Agreement is prematurely terminated, Party B shall immediately cease using the Software and return the Confidential Information according to Article 4.3 hereof.

  

	8.	Defaulting Liabilities 

 Where either party
(“Breaching Party”) breaches any of its representations, warranties, rights or obligations under this Agreement, thus causing economic losses to the other party, the other party (“Non-breaching Party”) shall be entitled to
request it to cure its breach and compensate the direct economic losses thus incurred to the Non-breaching Party. 
  

	9.	Force Majeure 

  

	9.1	An Event of Force Majeure means any event that is unforeseeable to or that is foreseeable but whose happening and consequences are unavoidable and insurmountable to either party,
including, but not limited to, war or natural disaster, but insufficiency of credit standing, funds or financing shall not be regarded as an Event of Force Majeure. Depending on the special nature of computer network, Events of Force Majeure shall
include any of the following events affecting the normal operation of the computer network of either party: 

  

	 	9.1.1	Hacker attack or computer virus invasion; 

  

	 	9.1.2	Serious interruption caused by the technical adjustment of telecommunications department; or 

  

 5 

	 	9.1.3	Interim interruption caused by government control. 

  

	9.2	Should the performance of this Agreement be delayed or hindered due to any Event of Force Majeure as defined above, the prevented party shall be exempt from any liability under this
Agreement to the extent of the portion being delayed or hindered, provided, however, that the prevented party makes all reasonable efforts to perform this Agreement or reduce the impact of such Event of Force Majeure. Once the cause for such
exemption is corrected and remedied, both parties agree to do their best to resume the performance of this Agreement. 

  

	10.	Settlement of Disputes 

 Any dispute arising in
connection with the interpretation and performance of the provisions of this Agreement shall be settled by both parties in good faith and through amicable negotiations. In case no settlement can be reached by both parties within thirty
(30) days after either party makes a request for dispute resolution through negotiations, either party may submit such dispute to China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration in accordance
with CIETAC’s arbitration rules then in effect. The seat of arbitration shall be Shenzhen and language of proceedings shall be Chinese. The arbitral award shall be final and binding upon both parties. 
  

	11.	Notices 

 Any notice or other communications
required to be made under or pursuant to this Agreement shall be written in Chinese and deemed to be received when delivered to the following addressees by hand delivery, registered or certified mail (postage prepaid), recognized courier service or
fax: 
 If to Party A: Noah Education Technology (Shenzhen) Co., Ltd. 
 Address: B1002 Tian An Hi-tech Venture Park Building, Chegongmiao, Futian District, Shenzhen 
 If to Party B: Shenzhen Zhiyuan Noah Internet Technology Co., Ltd. 
 Address: B1003 Tian An Hi-tech Venture Park Building, Chegongmiao, Futian District, Shenzhen 
  

	12.	Applicable Law 

 The validity, performance and
interpretation of this Agreement shall be governed by Chinese laws. 
  

	13.	Amendment and Supplement 

 This Agreement may be
amended or supplemented, from time to time, by both parties by a written instrument. All amendments and supplements to this Agreement duly signed by both parties shall form an integral part of this Agreement and have the same legal effect as this
Agreement. 
  

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	14.	Severability 

 Should any provision of this
Agreement be held to be invalid or unenforceable under applicable law, such provision shall be invalid or unenforceable only to the extent of such invalidity or unenforceability without invalidating or rendering unenforceable the remainder of this
Agreement. 
  

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 (No text in this page) 
 IN
WITNESS WHEREOF, both parties have caused this Agreement to be executed by their duly authorized representatives as of the date first above written. 
 Party A: Noah Education Technology (Shenzhen) Co., Ltd. (Seal) 
  

			
	 Authorized representative:
	 	 /s/ XIAO Xianquan

 Party B: Shenzhen Zhiyuan Noah Internet Technology Co., Ltd. (Seal) 
  

			
	 Authorized representative:
	 	 /s/ XU Dong

  

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