Document:

Exhibit 4.30

 

INX LIMITED 

 

RESTRICTED
TOKEN GRANT NOTICE AND

 

RESTRICTED TOKEN AGREEMENT

 

INX Limited (the “Company”)
hereby grants to the participant set forth below (the “Grant”), a number of restricted tokens of the Company (referred
to herein as “Tokens”) as set forth below.

 

This grant is subject to all of the terms and
conditions set forth herein and to the terms of the INX Limited Share Ownership and Award Plan (2021)
(as such shall be amended by the Board and the shareholders of the Company, in substantially the form attached hereto as Exhibit
A, the “Plan”) which is incorporated herein by reference.

 

Unless otherwise defined herein, the terms defined
in the Plan shall have the same defined meanings in this Restricted Token Grant Notice and Restricted Token Agreement.

 

THIS IS TO CERTIFY THAT, [______]
(the “Holder”), has been granted from the Company, as of _____,
2022 (the “Effective Date”) an aggregate amount of [______] Tokens
(the “Restricted Tokens”).

 

		1.	PURCHASE PRICE

 

The Holder is required
to pay US$ 0 (zero United States Dollars) per each Restricted Token granted herein (the “Purchase Price”).

 

		2.	RESTRICTIONS AND LAPSE THEREOF

 

The Restricted Tokens
shall be subject to the restrictions set forth in the Plan (including without limitation, those specified in Section 13 of the Plan).

 

The Restricted Period
of the Holder shall be three (3) years. The lapse of any restrictions shall be as set forth in the Plan.

 

In
addition to the restrictions set forth in the Plan, the Holder shall not be permitted to sell, transfer, encumber of otherwise dispose
of the Tokens for a period of _____________ after the expiration of the Restricted Period.

 

		3.	RIGHTS AND OBLIGATIONS OF THE HOLDER; TAX

 

		3.1.	Other than the restrictions specified in the Plan, this Grant entitles the Holder to all rights of token
holders, as of the Effective Date hereof.

 

		3.2.	The Holder acknowledges that, the Restricted Tokens are subject to such certain rights, privileges, restrictions
and limitations as set forth in this Grant, the Plan, the prospectus and related documents filed by the Company with the Securities and
Exchange Commission or other regulatory authorities worldwide, policies determined by the Board of Directors of the Company (the “Board”)
and the organizational documents of the Company, as may be amended from time to time at the sole discretion of the Company, and that,
as a result, inter alia, of such limitations, it may be difficult or impossible for the Holder to sell or otherwise transfer the
Restricted Tokens.

 

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		3.3.	The Holder acknowledges that the Grant of the Restricted Tokens, and the execution of this Grant shall
have tax consequences to the Holder, and that the Company is not able to ensure or represent to the Holder the nature and extent of such
tax consequences. The Holder further acknowledges that due to the preliminary nature of this grant of Restricted Tokens under applicable
tax laws and regulations, the position of the applicable tax authorities in connection with the taxation liabilities of the Holder cannot
be predicted. The Holder acknowledges that the Company recommended the Holder to seek the advice of his/her tax advisor prior to execution
of this Grant. 

 

		3.4.	Without derogating from the above, the Holder hereby covenants to bear all tax obligations, duties, levies
and other payments which may be imposed by tax authorities in connection with this Grant, including but not limited to, every obligatory
payment of whatever source in respect of or arising out of this Grant (including without limitation, any distribution or any other benefit
in connection with the Restricted Tokens) and all other charges which may accrue to the Holder or the Company in connection hereof.

 

		3.5.	Without derogating from the above, the Holder hereby covenants to pay the Company upon its first request,
any sum for which it is responsible (or, in the Board’s opinion, it might be responsible for), and which is payable by or on behalf
of the Holder as set forth in Section 3.4 above to the income tax authorities and/or any other governmental or administrative authority
worlwide (including for withholding of tax at source). The Holder covenants to promptly indemnify the Company for any charge or payment
as aforesaid, which may be deducted or set off from any amounts payable to the Holder.

 

		3.6.	THE COMPANY HAS NO DUTY OR OBLIGATION TO MINIMIZE THE TAX CONSEQUENCES OF THE GRANT TO THE HOLDER AND
WILL NOT BE LIABLE TO THE HOLDER FOR ANY ADVERSE TAX CONSEQUENCES IN CONNECTION WITH THE RESTRICTED TOKENS. THE HOLDER (I) AGREES
TO NOT MAKE ANY CLAIM AGAINST THE COMPANY, OR ANY OF ITS OFFICERS, DIRECTORS, EMPLOYEES OR RELATED COMPANIES (AND THEIR RESPECTIVE OFFICERS,
DIRECTORS, EMPLOYEES) RELATED TO TAX LIABILITIES ARISING FROM THE RESTRICTED TOKENS OR OTHER COMPANY COMPENSATION AND (II) ACKNOWLEDGES
THAT HE/SHE/IT WAS ADVISED TO CONSULT WITH HIS/HER/IT OWN PERSONAL TAX, FINANCIAL AND OTHER LEGAL ADVISORS REGARDING THE TAX CONSEQUENCES
OF THE RESTRICTED TOKENS AND HAS EITHER DONE SO OR KNOWINGLY AND VOLUNTARILY DECLINED TO DO SO.

 

		4.	MISCELLANEOUS

 

		4.1.	Entire Agreement; Amendment. This Grant, together with the Plan sets forth the entire understanding
of the parties with respect to the subject matter hereof and supersedes all existing agreements among them concerning such subject matter.
All section headings herein are inserted for convenience only and shall not modify or affect the construction or interpretation of any
provision of this Warrant. No modification or amendment of this Grant will be valid unless executed in writing by the Company and the
Holder.

 

		4.2.	Waiver. No failure or delay on the part of any of the parties in exercising any right, power or
privilege hereunder and/or under any applicable laws or the exercise of such right or power in a manner inconsistent with the provisions
of this Grant or applicable law shall operate as a waiver thereof. Any waiver must be evidenced in writing signed by the party against
whom the waiver is sought to be enforced.

 

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		4.3.	Successors and Assigns; Assignment. This Grant is personal to the Holder. It is non-transferable
without the prior written consent of the Company or as otherwise specified in the Plan.

 

		4.4.	Governing Law. This Agreement shall be governed by and construed and enforced in accordance with
the laws of Gibraltar. Any dispute arising out of, or relating to this Agreement, its interpretation or performance hereunder, shall be
finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance
with the said rules. Such arbitration process shall take place in Gibraltar and be held in English unless otherwise agreed in writing
by the Parties.

 

		4.5.	Notices. All notices and other communications required or permitted hereunder to be given to a
party shall be in writing. All notices shall be given by registered mail (postage prepaid), by facsimile or email or otherwise delivered
by hand or by messenger to the parties’ respective addresses as set forth below and as shall be designated by notice from time to time.
Any notice sent in accordance with this Section shall be deemed received upon the earlier of: (i) if sent by facsimile or email, upon
transmission and confirmation of transmission or (if transmitted and received on a non-business day) on the first business day following
transmission and electronic confirmation of transmission; (ii) if sent by registered mail, upon 3 (three) days of mailing; (iii) if sent
be messenger, upon delivery; and (iv) the actual receipt thereof.

 

	 	If to the Company:	INX Limited	 
	 	 	6 Bayside Road	 
	 	 	1st Floor - Unit 1.02	 
	 	 	Gibraltar, GX11 1AA	 
	 	 	Gibraltar.	 
	 	 	 	 
	 	With a copy to: 	Horn & Co., Law Offices	 
	 	 	2 Weizmann St.,	 
	 	 	Amot Investments Tower, 24th Floor	 
	 	 	Tel-Aviv 6423902, Israel	 
	 	 	Attn: Adv. Yuval Horn	 
	 	 	 	 
	 	If to the Holder:	[	]
	 	 	 	 
	 	 	 	 

 

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IN WITNESS WHEREOF, the
Company has caused this Warrant to be executed by its officer thereunto duly authorized.

 

	 	INX Limited
	 	 
	 	By:	 
	 	 	Name:	Alan Silbert
	 	 	Title:	Director

 

	AGREED AND ACCEPTED:	 	 
	 	 	 
	 	 	 

 

[____________]

 

 

4EX-4.25(A)

 Exhibit 4.25A 

THIRD SUPPLEMENTAL AGREEMENT 
 THIS
THIRD SUPPLEMENTAL AGREEMENT (this “Agreement”) is made effective as of April 29, 2022 by and between QUTOUTIAO INC., an exempted company with limited liability incorporated under the laws of the Cayman Islands and listed
on NASDAQ with stock code “QTT” (the “Borrower” or the “Company”), and ALIBABA.COM HONG KONG LIMITED, a business company incorporated under the laws of Hong Kong (the “Lender”, and
together with the Company, the “Parties”). 
 WITNESSETH 

WHEREAS, the Company and ALIBABA INVESTMENT LIMITED (the “Original Lender”) are parties to that certain Convertible
Loan Agreement dated March 28, 2019 (the “Original Convertible Loan Agreement”), as amended by certain extension letter agreements dated October 3, 2019, March 21, 2020, September 20, 2020 and September 19,
2021, respectively, that a supplemental agreement dated December 25, 2020 and a second supplemental agreement dated March 28, 2022 (the “Second Supplemental Agreement”) (the Original Convertible Loan Agreement together
with aforementioned extension letters and supplement agreements, the “Loan Agreement”), whereby the Company had borrowed from the Original Lender an aggregate principal amount of US$171,050,940 (the “Loan”). 

WHEREAS, the Original Lender has assigned the Loan, together with all of its rights and obligations under the Loan Agreement, to the
Lender pursuant to that certain assignment and assumption agreement dated March 24, 2020. 
 WHEREAS, the Parties desire to
further amend the Loan Agreement and the Second Supplemental Agreement in certain respects. 
 NOW, THEREFORE, in
consideration of the mutual covenants contained herein, and intending to be legally bound hereby, the Parties hereby agree as follows: 

1.    Capitalized terms used but not otherwise defined in this Agreement shall have the meaning given in the Loan Agreement or the Second
Supplemental Agreement, as the case may be. 
 2.    Notwithstanding anything to the contrary contained in the Loan Agreement or the
Second Supplemental Agreement, the Parties hereby agree that: 
  

	 	(a)	 in order to induce the Lender to agree to extend the Initial Repayment Date pursuant to
Section 2(c) below, the Company agrees and undertakes to the Lender that it will use its best efforts to prepare and deliver (i) an annual budget and business plan of the Group (excluding Fun Literature and its
Subsidiaries solely for the purposes of this Section 2, the “QTT Group”) for the twelve-month period from June 1, 2022 to May 31, 2023 (the “Target Period”) on a monthly basis
(the “QTT Target Budget”), (ii) an annual budget and business plan of Fun Literature and its Subsidiaries (for the avoidance of doubt including any entity Controlled by Fun Literature through contractual arrangements, the
“Fun Literature Group”) for the Target Period on a monthly basis (the “Fun Literature Target Budget”), and (iii) a repayment plan in reasonable detail for all principal amounts outstanding in respect of the
Loan, all accrued and unpaid interest and any other amounts due or outstanding under the Loan Agreement, and in each case of the foregoing (i) to (iii), to the Lender’s satisfaction and as soon as practicable after the date of this
Agreement but in any event no later than May 28, 2022; 

  
 1 

	 	(b)	 notwithstanding any provision to the contrary contained in the Loan Agreement and in order to induce the Lender
to agree to extend the Initial Repayment Date pursuant to Section 2(c) below, the Company agrees and undertakes to the Lender that (i) it will repay (or cause to be repaid) US$3,000,000 as a part of the interest
accrued under the Loan Agreement to the Lender as soon as practicable after the date of this Agreement but in any event no later than May 15, 2022; and (ii) following the date hereof, without the Lender’s prior written consent it will
not directly or indirectly (x) make any investment in Fun Literature Group, (y) provide any loan to, or security in favour of, Fun Literature Group or (z) otherwise increase the Net Liabilities owed by Fun Literature Group to QTT
Group. “Net Liabilities” means the product of (A) the aggregate Liabilities owed by Fun Literature Group to QTT Group; minus (B) the aggregate Liabilities owed by QTT Group to Fun Literature Group (if any),
and “Liability” means any liability or obligation whether known or unknown, whether asserted or unasserted, whether determined, determinable or otherwise, whether absolute or contingent, whether accrued or unaccrued, whether
liquidated or unliquidated, whether directly incurred or consequential, whether due or to become due, which for the avoidance of doubt shall include, without limitation, any shareholder loan and interest thereon and accounts payable; and

  

	 	(c)	 in consideration of the undertakings made by the Company in Section 2(a) to
Section 2(b) above, the Lender agrees that the Initial Repayment Date shall be further extended to May 28, 2022; provided that in no event shall the Initial Repayment Date or the Repayment Date be further
extended after May 28, 2022 without the Lender’s prior written consent, which consent may be withheld, delayed or conditioned in the sole and absolute discretion of the Lender. 

3.    Each Party hereby represents and warrants to the other Party that (i) it has all requisite power, authority and capacity to
enter into this Agreement, and to perform its obligations hereunder; (ii) this Agreement has been duly authorized, executed and delivered by it; and (iii) this Agreement, when executed and delivered by it, will constitute its valid and
legally binding obligations. 
 4.    The Company will take all necessary actions and sign all necessary documents to provide all
necessary waivers, consents and approvals, and to procure all of its shareholders to provide all necessary waivers, consents and approvals, in respect of the execution, delivery and performance of this Agreement and the transactions contemplated
hereby. 
 5.    The Company hereby acknowledges and agrees that this Agreement forms an integral part of the Loan Agreement for all
purposes thereof. Any reference to the Loan Agreement shall hereinafter be deemed to be a reference to the Loan Agreement, as amended by this Agreement. 

6.    To the extent that any of the provisions of this Agreement are inconsistent with the provisions in the Loan Agreement and/or the
Second Supplemental Agreement, the provisions of this Agreement shall prevail. To the extent not inconsistent with the provisions in this Agreement, the Loan Agreement remains unchanged, unaltered and in full force and effect and is hereby
reaffirmed in its entirety. 
 7.    This Agreement may not be amended except by a written agreement executed by the Parties. 

8.    The following provisions of the Loan Agreement shall be expressly incorporated herein by reference (and read so as to apply to this
Agreement): Clauses 10 (Assignment), 11 (Notices and Service of Proceedings), 12 (Miscellaneous) and 13 (Governing Law; Jurisdiction). 

[Signature Pages Follow] 

 The party hereto has caused this Agreement to be duly executed by its authorized directors
or officers as of the date first written above. 
 Borrower 
  

	
	 /s/ TAN Siliang

	For and on behalf of
	QUTOUTIAO INC.
	Name: TAN Siliang
	Title: Director

  
 [Signature Page to
Third Supplemental Agreement to Convertible Loan Agreement—Qutoutiao Inc.] 

 The party hereto has caused this Agreement to be duly executed by its authorized directors
or officers as of the date first written above. 
 Lender 
  

			
	ALIBABA.COM HONG KONG LIMITED
		
	By:	 	 /s/ OU CHIA-LIN

		 	Name: OU CHIA-LIN
		 	Title: Authorised Signatory

 [Signature Page to Third Supplemental Agreement to Convertible Loan Agreement—Qutoutiao Inc.]

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