Document:

EX-4.2

 Exhibit 4.2 
 MONTAGE TECHNOLOGY GROUP LIMITED 
 AMENDED AND RESTATED INVESTOR RIGHTS
AGREEMENT 
 This Amended and Restated Investor Rights Agreement (this “Agreement”) is made as of
October 8, 2009, by and among Montage Technology Group Limited., an exempted company registered by way of continuation under the Companies Law (2007 Revision) of the Cayman Islands (the “Company”), the holders of
Series A Preferred Shares, the Series B Preferred Shares, the Series B-1 Preferred Shares and the Series B-2 Preferred Shares set forth on Schedule A
hereto (collectively, the “Investors”). 
 WHEREAS, the Company, holders of the Series A Preferred Shares, the
holders of the Series B Preferred Shares and the holders of the Series B-1 Preferred Shares are parties to that certain Amended and Restated Investor Rights Agreement dated as of May 18, 2007 (the
“Prior Agreement”), which provides that such Prior Agreement may be amended, by a written instrument signed by the Company and by the Investors (as defined therein) holding 66 2/3% of the outstanding Registrable Securities (as
defined therein) then held by the Investors (as defined therein); provided that any provision of the Prior Agreement which requires the vote, consent or approval of a greater proportion of a specified class or series for a particular matter, then
any amendment to that provision shall require the vote, consent or approval of such greater proportion (the “Amendment Prerequisite”); 
 WHEREAS, the Company, the holders of the Ordinary Shares, the Series A Preferred Shares, the Series B Preferred Shares and the Series B-1 Preferred Shares
constituting the Amendment Prerequisite, desire to amend and restate the Prior Agreement in its entirety with this Agreement; 

WHEREAS, the Company and certain Investors are entering into a Share and Warrant Purchase Agreement of even date herewith (the
“Share Purchase Agreement”) whereby the Company will sell, and the Investors will purchase, Series B-2 Preferred Shares and certain warrants to purchase the Series B-2 Preferred Shares of the Company (the “Financing”); 
 WHEREAS, the Share
Purchase Agreement requires, as a condition to closing the Financing, that the parties hereto enter into this Agreement; 
 NOW,
THEREFORE, in consideration of the premises and the mutual covenants herein contained, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 

SECTION 1 

REGISTRATION RIGHTS 
 1.1 Certain Definitions. 
 For purposes of this Agreement: 

(a) The term “ADSs” means American Depositary Shares representing the right to receive Ordinary Shares; 

 (b) The term “Capital Shares” means the outstanding Ordinary Shares and
Preferred Shares of the Company. 
 (c) The term “Change of Control” means (i) a consolidation or merger of
the Company with or into any other company or entity in which the shareholders of the Company prior to such transaction would own, as a result of such transaction, less than a majority of the voting securities of the successor or surviving company
or entity immediately thereafter or in a transaction in which more than 50% of the voting interest of the Company is transferred (and such transaction is not primarily for financing purposes), or (ii) a sale of all or substantially all of the
assets or business of the Company in one or more related transactions. 
 (d) The term “Form F-3” or “Form S-3” means such form under the Securities Act of 1933, as amended (the “Securities Act”) as in effect on the date
hereof or any successor form under the Securities Act; 
 (e) The term “Form
F-4” or “Form S-4” means such form under the Securities Act as in effect on the date hereof or any successor form under the Securities Act;

 (f) The term “Holder” means any Investor holding Registrable Securities or any assignee thereof in accordance
with Section 1.11 of this Agreement. 
 (g) The term “Ordinary Shares” means the ordinary shares of the
Company. 
 (h) The term “Preferred Shares” means the Series A Preferred Shares, the Series B Preferred Shares,
the Series B-1 Preferred Shares and the Series B-2 Preferred Shares of the Company. 
 (i) The term “Qualified IPO” means the earlier to occur of (i) the listing of all Ordinary Shares of the Company on The Nasdaq Global Market or Global Select Market
(“Nasdaq”), the Main Board of the Hong Kong Stock Exchange or any other major international stock exchange approved by holders of at least a majority of the Series B Preferred Shares, the Series
B-1 Preferred Shares and the Series B-2 Preferred Shares (voting together as a single class) at a listing price of at least US$5.00 per Ordinary Share and (ii) a
firm commitment underwritten public offering of the Company’s Ordinary Shares pursuant to an effective registration statement on Form F-1 under the Securities Act of 1933, as amended (the
“Securities Act”), at an offering price to the public of at least $5.00 per Ordinary Share, resulting in aggregate cash proceeds to the Company of at least $50,000,000 (net of underwriting discounts and commissions). 

(j) The terms “register,” “registered,” and “registration” refer to a registration
effected by preparing and filing a registration statement or similar document in compliance with the Securities Act (or other applicable securities regulations, as the case may be) and the declaration or ordering of effectiveness of such
registration statement or document. 

  
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 (k) The term “Registrable Securities” means (i) the Ordinary Shares
issuable or issued upon conversion of the Preferred Shares held by the Investors, (ii) any other Ordinary Shares issued as (or issuable upon the conversion or exercise of any warrant, right or other security which is issued as) a dividend or
other distribution with respect to, or in exchange for or in replacement of, the shares listed in (i) and (iii) any Ordinary Shares owned or hereafter acquired by the Investors; provided, however, that the foregoing
definition shall exclude in all cases any Registrable Securities sold by a person in a transaction in which his or her rights under this Agreement are not assigned. Notwithstanding the foregoing, Ordinary Shares or other securities shall only be
treated as Registrable Securities if and so long as they have not been (A) sold to or through a broker or dealer or underwriter in a public distribution or a public securities transaction, or (B) sold in a transaction exempt from the
registration and prospectus delivery requirements of the Securities Act under Section 4(1) thereof so that all transfer restrictions, and restrictive legends with respect thereto, if any, are removed upon the consummation of such sale.
Reference to Registrable Securities in this Agreement shall include such securities in the form of ADSs. 
 (l) The number of
shares of “Registrable Securities then outstanding” shall be determined by the number of shares of Ordinary Shares outstanding which are, and the number of shares of Ordinary Shares issuable pursuant to then exercisable or
convertible securities which are, Registrable Securities. 
 (m) The term “SEC” means the United States
Securities and Exchange Commission. 
 (n) The term “Series B Directors” shall have the same meaning as defined
in the Company’s Memorandum and Articles of Association (as amended from time to time). 
 1.2 Demand Registration.

 (a) If the Company shall receive, upon the later to occur of (i) four years from the date hereof or (ii) at any time
subsequent to six months after the effective date of an initial public offering of the Company’s Ordinary Shares pursuant to an effective registration statement on Form F-1 under the Securities Act, a
written request from the Holders of at least 33% of the Registrable Securities then outstanding that the Company file a registration statement under the Securities Act covering the registration of at least such number of the Registrable Securities
then outstanding as would yield an aggregate offering price of at least $10,000,000, then the Company shall, within 30 days of the receipt thereof, give written notice of such request to all Holders and shall, subject to the limitations of
Section 1.2(b), use its best efforts to effect as soon as practicable, the registration under the Securities Act of all Registrable Securities which the Holders request to be registered within 20 days of the mailing of such notice by the
Company. Registrations under this Section 1.2 shall be on such appropriate registration form of the SEC or other governmental entity as shall be selected by the Company and as shall permit the disposition of such Registrable Securities in
accordance with the intended method or methods of disposition specified in their request for such registration. 

  
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 (b) If the Holders initiating the registration request under this Section 1.2
(“Initiating Holders”) intend to distribute the Registrable Securities covered by their request by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to this Section 1.2 and the
Company shall include such information in the written notice referred to in Section 1.2(a). The underwriter will be selected by a majority in interest of the Initiating Holders and shall be reasonably acceptable to the Company. In such event,
the right of any Holder to include its Registrable Securities in such registration shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting
(unless otherwise mutually agreed by a majority in interest of the Initiating Holders and such Holder) to the extent provided herein. All Holders proposing to distribute their Registrable Securities through such underwriting shall (together with the
Company as provided in Section 1.5(e)) enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting. Notwithstanding any other provision of this Section 1.2, if the underwriter
advises the Initiating Holders in writing that marketing factors require a limitation of the number of shares to be underwritten, then the Initiating Holders shall so advise all Holders of Registrable Securities which would otherwise be underwritten
pursuant hereto, and the number of shares of Registrable Securities that may be included in the underwriting shall be allocated among all Holders thereof, including the Initiating Holders, in proportion (as nearly as practicable) to the amount of
Registrable Securities of the Company owned by each Holder; provided, however, that the number of shares of Registrable Securities of the Initiating Holder to be included in such underwriting shall not be reduced unless all other
securities are first entirely excluded from the underwriting; and provided further that the total number of Registrable Securities of the Initiating Holder included in such underwriting shall not be reduced below 25% of the Registrable
Securities initially requested for registration by the Initiating Holders. 
 (c) Notwithstanding the foregoing, if the Company
shall furnish to Holders requesting a registration statement pursuant to this Section 1.2, a certificate signed by the President or Chief Executive Officer of the Company stating that in the good faith judgment of the Board of Directors of the
Company (the “Board”), it would be seriously detrimental to the Company and its shareholders for such registration statement to be filed and it is therefore essential to defer the filing of such registration statement, the Company
shall have the right to defer such filing for a period of not more than 90 days after receipt of the request of the Initiating Holders; provided, however, that the Company may not utilize this right more than once in any 12-month period. 
 (d) In addition and without limitation of Section 1.15 hereof, the
Company shall not be obligated to effect, or to take any action to effect, any registration pursuant to this Section 1.2: 
 (i) After the Company has effected two registrations pursuant to this Section 1.2 (with ADSs and their underlying Ordinary Shares constituting a single registration) and such registrations have been
declared or ordered effective; 

  
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 (ii) During the period commencing with the date 60 days prior to the
Company’s good faith estimate of the date of filing of, and ending on a date 180 days after the effective date of (subject to such extension as provided in Section 1.14), a registration subject to Section 1.3 hereof (other than a
registration relating solely to the sale of securities to participants in a Company stock plan, a registration on any form that does not include substantially the same information as would be required to be included in a registration statement
covering the sale of the Registrable Securities, or a registration in which the only Ordinary Shares being registered are Ordinary Shares issuable upon conversion of debt securities that are also being registered or an SEC Rule 145
transaction); provided that the Company is actively employing its best efforts to cause such registration statement to become effective; or 
 (iii) If the Initiating Holders propose to dispose of shares of Registrable Securities that may be immediately registered on Form F-3 or Form S-3 (or any successor form that provides for short-form registration), as the case may be. 

1.3 Company Registration. If (but without any obligation to do so) the Company proposes to register (including for this purpose a
registration effected by the Company for shareholders other than the Holders) any of its shares under the Securities Act (or such applicable securities laws, as the case may be), in connection with the public offering of such securities solely for
cash (other than a registration relating solely to the sale of securities to participants in a Company share plan, an offering or sale of securities pursuant to a registration statement on Form F-4 or Form S-4 (or any successor form), as the case may be, a registration in which the only shares being registered are Ordinary Shares issuable upon conversion of debt securities which are also being registered, a
registration of securities in a transaction under Rule 145 promulgated under the Securities Act, or in any registration on any form which does not include substantially the same information as would be required to be included in a registration
statement covering the sale of the Registrable Securities), the Company shall, at such time, promptly give each Holder written notice of such registration. Upon the written request of each Holder given within 20 days after mailing of such notice by
the Company, the Company shall, subject to the provisions of Section 1.8, cause to be registered under the Securities Act the Registrable Securities (including in the form of ADSs) that each such Holder has requested to be registered.

 1.4 Form F-3 or S-3 Registration. In
case the Company shall receive from Holders of the Registrable Securities then outstanding a written request or requests that the Company effect a registration on Form F-3 or Form S-3, as the case may be, and any related qualification or compliance with respect to all or a part of the Registrable Securities owned by such Holder or Holders, the Company will: 

(a) promptly give written notice of the proposed registration, and any related qualification or compliance, to all other Holders; and

 (b) as soon as practicable, effect such registration and all such qualifications and compliances as may be so requested and as
would permit or facilitate the sale and distribution of all or such portion of such Holder’s or Holders’ Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any other
Holder or 

  
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Holders joining in such request as are specified in a written request given within fifteen (15) days after receipt of such written notice from the Company; provided, however,
that the Company shall not be obligated to effect any such registration, qualification or compliance, pursuant to this Section 1.4: 
 (i) if Form F-3 or Form S-3, as the case may be, is not available for such offering by the Holders; 

(ii) if the Holders, together with the holders of any other securities of the Company entitled to inclusion in such
registration, propose to sell Registrable Securities and such other securities (if any) at an aggregate offering price to the public (before any underwriters’ discounts or commissions) of less $1,000,000; 

(iii) if the Company shall furnish to the Holders a certificate signed by the President or Chief Executive Officer of
the Company stating that in the good faith judgment of the Board, it would be seriously detrimental to the Company and its shareholders for such registration on Form F-3 or Form
S-3 (as the case may be) to be effected at such time, in which event the Company shall have the right to defer the filing of the registration statement on Form F-3 or
Form S-3 (as the case may be) for a period of not more than 90 days after receipt of the request of the Holder or Holders under this Section 1.4; provided, however, that the Company shall
not utilize this right more than once in any 12-month period; 

(iv) in any particular jurisdiction in which the Company would be required to qualify to do business or to execute a
general consent to service of process in effecting such registration, qualification or compliance; or 

(v) during the period ending on a date one hundred eighty (180) days after the effective date of a registration
statement subject to Section 1.3, which period may be extended as provided in Section 1.14. 
 (c) Subject to the
foregoing, the Company shall file a registration statement covering the Registrable Securities and other securities so requested to be registered as soon as practicable after receipt of the request or requests of the Holders. Registrations effected
pursuant to this Section 1.4 shall not be counted as demands for registration or registrations effected pursuant to Sections 1.2 or 1.3, respectively. 
 1.5 Obligations of the Company. Whenever required under this Section 1 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

 (a) Prepare and file with the SEC (or such other governing bodies as the case may be) a registration statement with respect to
such Registrable Securities and use its best efforts to cause such registration statement to become effective, and, upon the request of the Holders of a majority of the Registrable Securities registered thereunder, keep such registration statement
effective for up to one hundred twenty (120) days. 

  
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 (b) Prepare and file with the SEC (or such other governing bodies as the case may be) such
amendments and supplements to such registration statement and the prospectus used in connection with such registration statement as may be necessary to comply with the provisions of the Securities Act (or such applicable securities laws, as the case
may be) with respect to the disposition of all securities covered by such registration statement for up to one hundred twenty (120) days. 
 (c) Furnish to the Holders such numbers of copies of a prospectus, including a preliminary prospectus, in conformity with the requirements of the Securities Act (or such applicable securities laws, as the
case may be), and such other documents as they may reasonably request in order to facilitate the disposition of Registrable Securities owned by them. 
 (d) Use its best efforts to register and qualify the securities covered by such registration statement under such other securities or blue sky laws of such jurisdictions as shall be reasonably requested
by the Holders; provided, however, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or
jurisdictions. 
 (e) In the event of any underwritten public offering, enter into and perform its obligations under an
underwriting agreement, in usual and customary form, with the managing underwriter of such offering, and each Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement. 

(f) Notify each Holder of Registrable Securities covered by such registration statement at any time when a prospectus relating thereto is
required to be delivered under the Securities Act (or such applicable securities laws, as the case may be) of the happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an
untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, such obligation to continue until the
earlier of (i) the sale of all Registrable Securities registered pursuant to the registration statement of which such prospectus forms a part or (ii) withdrawal of such registration statement. 

(g) Cause all such Registrable Securities registered pursuant to this Agreement to be listed on each securities exchange on which similar
securities issued by the Company are then listed. 
 (h) Provide a transfer agent and registrar for all Registrable Securities
registered pursuant hereunder and a CUSIP number for all such Registrable Securities, in each case not later than the effective date of such registration. 
 (i) Use its best efforts to furnish, at the request of any Holder requesting registration of Registrable Securities pursuant to this Section 1, on the date that such Registrable Securities are
delivered to the underwriters for sale in connection with a registration pursuant to this Section 1, if such securities are being sold through underwriters, or, if such securities are not being sold through underwriters, on the date that the
registration statement with respect to such 

  
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securities becomes effective, (i) an opinion, dated such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to
underwriters in an underwritten public offering, addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities and (ii) a letter dated such date, from the independent certified public accountants of
the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to the Holders requesting registration of
Registrable Securities. 
 1.6 Furnish Information. It shall be a condition precedent to the obligations of the Company to
take any action pursuant to this Section 1 with respect to the Registrable Securities of any selling Holder that such Holder shall furnish to the Company such information regarding itself, the Registrable Securities held by it, and the intended
method of disposition of such securities as shall be required to effect the registration of such Holder’s Registrable Securities. The Company shall have no obligation with respect to any registration requested pursuant to Sections 1.2 and 1.4
of this Agreement if, as a result of the application of the preceding sentence, the number of shares or the anticipated aggregate offering price of the Registrable Securities to be included in the registration does not equal or exceed the number of
shares or the anticipated aggregate offering price required to originally trigger the Company’s obligation to initiate such registration as specified in Sections 1.2(a) and 1.4(b)(ii), whichever is applicable. 

1.7 Expenses of Registration. 
 (a) Expenses of Demand Registration. All expenses (other than underwriting discounts and commissions and such underwriting expenses to be borne by the underwriters) incurred in connection with
registrations, filings or qualifications pursuant to Section 1.2, including (without limitation) all registration, filing and qualification fees, printers’ and accounting fees, fees and disbursements of counsel for the Company, and the
reasonable fees and disbursements of one (1) counsel for the selling Holders selected by them with the approval of the Company, which approval shall not be unreasonably withheld, shall be borne by the Company; provided, however,
that the Company shall not be required to pay for any expenses of any registration proceeding begun pursuant to Section 1.2 if the registration request is subsequently withdrawn at the request of the Holders of a majority of the Registrable
Securities to be registered (in which case all participating Holders shall bear such expenses pro rata based on their Registratable Securities included in such registration), unless the Holders of a majority of the Registrable Securities agree to
forfeit their right to one demand registration pursuant to Section 1.2. 
 (b) Expenses of Company Registration. All
expenses (other than underwriting discounts and commissions and such underwriting expenses to be borne by the underwriters) incurred in connection with registrations, filings or qualifications of Registrable Securities pursuant to Section 1.3
for each Holder (which right may be assigned as provided in Section 1.11), including (without limitation) all registration, filing, and qualification fees, printers’ and accounting fees, fees and disbursements of counsel for the Company
and the reasonable fees and disbursements of one counsel for the selling Holder or Holders selected by them with the approval of the Company, which approval shall not be unreasonably withheld, shall be borne by the Company. 

  
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 (c) Expenses of Registration on Form F-3 or Form S-3. All expenses (other than underwriting discounts and commissions and such underwriting expenses to be borne by the underwriters) incurred in connection with registrations requested pursuant to
Section 1.4, including (without limitation) all registration, filing, qualification, printers’ and legal and accounting fees shall be borne by the Company. 
 1.8 Underwriting Requirements. If a registration statement for which the Company gives notice pursuant to Section 1.3 is for an underwritten offering, then the Company shall so advise the
Holders of Registrable Securities as part of such written notice. In such event, the right of any Holder to include its Registrable Securities in a registration pursuant to Section 1.3 shall be conditioned upon such Holder’s participation
in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute their Registrable Securities through such underwriting shall (together with
the Company and the other holders of securities of the Company whose securities are to be included in such registration and underwriting) enter into an underwriting agreement in customary form with the managing underwriter or underwriter(s) selected
for such underwriting. Notwithstanding any other provision of this Agreement, if the managing underwriter(s) determine(s) in good faith that marketing factors require a limitation of the number of shares to be underwritten, then the managing
underwriter(s) may exclude shares (including Registrable Securities) from the registration and the underwriting, and the number of shares that may be included in the registration and the underwriting shall be allocated (i) first, to the
Company, (ii) second, to each of the Holders requesting inclusion of their Registrable Securities in such registration statement on a pro rata basis based upon the total number of Registrable Securities then held by each such Holder;
provided, however, that no exclusion of such Holders’ Registrable Securities shall be made unless all other securities (including securities held by officers, directors, founders, employees or consultants of the Company) are first
excluded in their entirety; and provided further, that in any underwriting that is not in connection with the Company’s initial public offering, the number of shares of Registrable Securities included in the offering shall not be
reduced below 25% of the Registrable Securities requested to be included in such offering, and (iii) third, to other stockholders. If any Holder disapproves of the terms of any such underwriting, such Holder may elect to withdraw therefrom by
written notice to the Company and the underwriter, delivered at least 20 business days prior to the effective date of the registration statement. Any Registrable Securities excluded or withdrawn from such underwriting shall be excluded and withdrawn
from the registration. For any Holder that is a venture capital fund, partnership or corporation, the affiliated venture capital funds, partners, retired partners and stockholders of such Holder, or the estates and family members of any such
partners, stockholders and retired partners and any trusts for the benefit of any of the foregoing persons shall be deemed to be a single “Holder,” and any pro rata reduction with respect to such “Holder” shall be based upon the
aggregate amount of shares carrying registration rights owned by all entities and individuals included in such “Holder,” as defined in this sentence. 

  
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 1.9 Delay of Registration. No Holder shall have any right to obtain or seek an
injunction restraining or otherwise delaying any such registration as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 1. 

1.10 Indemnification. In the event any Registrable Securities are included in a registration statement under this Section 1:

 (a) To the extent permitted by law, the Company will indemnify and hold harmless each Holder, any “underwriter” (as
defined in the Securities Act) for such Holder and each person, if any, who controls such Holder or underwriter within the meaning of the Securities Act or the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
against any losses, claims, damages, or liabilities (joint or several) to which they may become subject under the Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages, or liabilities (or actions,
proceedings or settlements in respect thereof) arise out of or are based upon any of the following statements, omissions or violations (each, a “Violation”): (i) any untrue statement or alleged untrue statement of a material
fact contained in such registration statement, including any preliminary prospectus or final prospectus contained in such registration statement or any amendments or supplements thereto, (ii) the omission or alleged omission to state therein a
material fact required to be stated therein, or necessary to make the statements therein not misleading, or (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any state securities law or any rule or
regulation promulgated under the Securities Act, the Exchange Act or any state securities law; and the Company will pay to each such Holder, underwriter or controlling person, as incurred, any legal or other expenses reasonably incurred by them in
connection with investigating, defending or settling any such loss, claim, damage, liability, or action; provided, however, that the indemnity agreement contained in this Section 1.10(a) shall not apply to amounts paid in
settlement of any such loss, claim, damage, liability, or action if such settlement is effected without the consent of the Company (which consent shall not be unreasonably withheld), nor shall the Company be liable to any Holder, underwriter or
controlling person for any such loss, claim, damage, liability, or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in
connection with such registration by any such Holder, underwriter or controlling person. 
 (b) To the extent permitted by law,
each selling Holder will severally and not jointly indemnify and hold harmless the Company, each of its directors, each of its officers who has signed the registration statement, each person, if any, who controls the Company within the meaning of
the Securities Act, any underwriter, any other Holder selling securities in such registration statement and any controlling person of any such underwriter or other Holder, against any losses, claims, damages, or liabilities (joint or several) to
which any of the foregoing persons may become subject, under the Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages, or liabilities (or actions in respect thereto) arise out of or are based upon
any Violation by such Holder, in each case to the extent (and only to the extent) that such Violation occurs in reliance upon and in conformity with written information furnished by such Holder expressly for use in connection with such registration;
and each such Holder will pay, as incurred, any legal or other expenses reasonably incurred by any person intended to be indemnified pursuant to this Section 1.10(b), in connection with investigating,

  
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defending or settling any such loss, claim, damage, liability, or action; provided, however, that the indemnity agreement contained in this Section 1.10(b) shall not apply to
amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Holder (which consent shall not be unreasonably withheld); provided further, that in no event
shall any indemnity under this Section 1.10(b) exceed the net proceeds from the offering received by such Holder. 
 (c)
Promptly after receipt by an indemnified party under this Section 1.10 of notice of the commencement of any action (including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any
indemnifying party under this Section 1.10, deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires,
jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties; provided, however, that an indemnified party (together with all other indemnified parties
which may be represented without conflict by one counsel) shall have the right to retain one separate counsel, with the reasonable fees and expenses to be paid by the indemnifying party, if representation of such indemnified party by the counsel
retained by the indemnifying party would be inappropriate due to actual or potential differing interests between such indemnified party and any other party represented by such counsel in such proceeding. The failure to deliver written notice to the
indemnifying party within a reasonable time of the commencement of any such action, if prejudicial to its ability to defend such action, shall relieve such indemnifying party of any liability to the indemnified party under this Section 1.10,
but the omission so to deliver written notice to the indemnifying party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 1.10. No indemnifying party, in the defense of any such
claim or litigation, shall, except with the consent of each indemnified party, consent to entry of any judgment or enter into any settlement that does not include as an unconditional term thereof the giving by the claimant or plaintiff to such
indemnified party of a release from all liability in respect to such claim or litigation. 
 (d) If the indemnification provided
for in this Section 1.10 is held by a court of competent jurisdiction to be unavailable to an indemnified party with respect to any loss, liability, claim, damage or expense referred to therein, then the indemnifying party, in lieu of
indemnifying such indemnified party hereunder, shall contribute to the amount paid or payable by such indemnified party as a result of such loss, liability, claim, damage, or expense in such proportion as is appropriate to reflect the relative fault
of the indemnifying party on the one hand and of the indemnified party on the other in connection with the statements or omissions that resulted in such loss, liability, claim, damage or expense as well as any other relevant equitable
considerations; provided, however, that in no event shall any contribution by a Holder under this Section 1.10(d) exceed the net proceeds from the offering received by such Holder. The relative fault of the indemnifying party and
of the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or
by the indemnified party and the parties’ relative intent, knowledge, access to information, and opportunity to correct or prevent such statement or omission. 

  
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 (e) The obligations of the Company and Holders under this Section 1.10 shall survive
the completion of any offering of Registrable Securities in a registration statement under this Section 1. 
 1.11
Assignment of Registration Rights. The rights to cause the Company to register Registrable Securities pursuant to this Section 1 may be assigned (but only with all related obligations) by an Investor to (i) any partner or retired
partner or affiliated fund of any Holder which is a partnership, (ii) any member or former member of any Holder which is a limited liability company, (iii) any family member or trust for the benefit of any individual Holder, (iv) any
transferee who satisfies the criteria to be an Investor, (v) any entities affiliated with a Holder, or (vi) a transferee or assignee who acquires at least 100,000 shares of Registrable Securities (as adjusted for any share dividends,
combinations, reclassifications or splits with respect to such shares); provided, in each case, the Company is promptly furnished with written notice of the name and address of such transferee or assignee and the securities with respect to
which such registration rights are being assigned. For the purposes of determining the number of shares of Registrable Securities held by a transferee or assignee, the holdings of transferees and assignees of a business entity who are affiliates,
retired affiliates of such entity (including spouses and ancestors, lineal descendants and siblings of such affiliates or affiliates who acquire Registrable Securities by gift, will or intestate succession) shall be aggregated together and with the
business entity; provided that all assignees and transferees who would not qualify individually for assignment of registration rights shall have a single
attorney-in-fact for the purpose of exercising any rights, receiving notices or taking any action under Section 1. 

1.12 Limitations on Subsequent Registration Rights. From and after the date of this Agreement, the Company shall not, without the
prior written consent of the Holders of a majority of the outstanding Registrable Securities, enter into any agreement with any holder or prospective holder of any securities of the Company which would allow such holder or prospective holder
(a) to include such securities in any registration filed under Section 1.3 hereof, unless under the terms of such agreement, such holder or prospective holder may include such securities in any such registration only to the extent that the
inclusion of its securities will not reduce the amount of the Registrable Securities of the Holders which is included or (b) to make a demand registration. 
 1.13 Reports Exchange Act. With a view to making available to the Holders the benefits of Rule 144 promulgated under the Securities Act and any other rule or regulation of the SEC that may at any
time permit a Holder to sell securities of the Company to the public pursuant to a registration on Form F-3 or Form S-3, as the case may be, or without registration, the
Company agrees to: 
 (a) make and keep public information available, as those terms are understood and defined in SEC Rule 144,
at all times after the effective date of the first registration statement filed by the Company for the offering of its securities to the general public so long as the Company remains subject to the periodic reporting requirements under Sections 13
or 15(d) of the Exchange Act; 

  
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 (b) take such action, including the voluntary registration of its Ordinary Shares under
Section 12 of the Exchange Act, as is necessary to enable the Holders to utilize Form F-3 or Form S-3 (or any successor form that provides for short-form
registration), as the case may be, for the sale of their Registrable Securities, such action to be taken as soon as practicable after the end of the fiscal year in which the first registration statement filed by the Company for the offering of its
securities to the general public is declared effective; 
 (c) file with the SEC (or such governing bodies as applicable) in a
timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act, or other applicable securities regulations; and 
 (d) furnish to any Holder, so long as the Holder owns any Registrable Securities, forthwith upon request (i) a written statement by the Company that it has complied with the reporting requirements of
SEC Rule 144 (at any time after 90 days after the effective date of the first registration statement filed by the Company), the Securities Act and the Exchange Act (at any time after it has become subject to such reporting requirements), or that it
qualifies as a registrant whose securities may be resold pursuant to Form F-3 or Form S-3 (or any successor form that provides for short-form registration) (at any time
after it so qualifies), as the case may be, (ii) copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by the Company, and (iii) information as may be reasonably requested in
availing any Holder of any rule or regulation of the SEC which permits the selling of any such securities without registration or pursuant to such form. 
 1.14 “Market Stand-Off” Agreement. 
 (a) Each Holder hereby agrees
that, during the period (the “Lock-up Period”) of duration up to, but not exceeding, one 180 days following the date of the final prospectus which forms a part of the registration statement of
the Company filed under the Securities Act with respect to the initial public offering of securities of the Company, it shall not, to the extent requested by the Company and such underwriter, directly or indirectly sell, offer to sell, contract to
sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees who agree to be similarly bound) any securities of the Company held by it at any time during such period
except Ordinary Shares included in such registration, if any. Each Holder agrees to execute an agreement with said underwriters in customary form consistent with the provisions of this Section 1.14, provided, however that
(i) all directors, officers and holders of 1% or more of the outstanding Capital Shares shall sign substantially identical agreements; (ii) if any person bound by lockup or stand-off restrictions
relating to securities of the Company is released from such restrictions, the underwriter shall so notify the Holder and shall simultaneously release the Holder from its own restrictions hereunder; and (iii) the agreement permits transfers to
affiliates or other transferees if, in each case, the transferee enters into a substantially similar agreement. 
 (b) In order
to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registrable Securities of each Holder (and the shares or securities of every other person subject to the foregoing restriction) until the end of
such Lock-up Period and, if applicable, the Restricted Period, and each Holder agrees that, if so requested, such Holder will execute an agreement in the form provided by the underwriter containing terms which
are essentially consistent with the provisions of this Section 1.14. 

  
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 (c) Notwithstanding the foregoing, the obligations described in this Section 1.14 shall
not apply to a registration relating solely to employee benefit plans on Form S-1 or Form S-8 or similar forms which may be promulgated in the future, or a registration
relating solely to an SEC Rule 145 transaction on Form S-4 or similar forms which may be promulgated in the future. 
 1.15 Termination of Registration Rights. No Holder shall be entitled to exercise any right provided for in this Section 1 (except Section 1.10 hereof) after (i) five (5) years
following the consummation of a Qualified IPO, and (ii) during such times as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of such Holder’s shares during a three (3) month period
without registration. 
 1.16 Re-sale Rights. The Company shall at its own cost
use its commercially reasonable efforts to assist each Investor in the sale or disposition of the Registrable Securities after its initial public offering under Rule 144 promulgated under the Securities Act and any other rule or regulation of the
Securities and Exchange Commission of the United States that may at any time permit the Investors to sell securities of the company to the public pursuant to a registration on Form F-3 or Form S-3, as the case may be, or without registration, including without limitation (a) the prompt delivery of applicable instruction letters to the Company’s transfer agent to remove legends from the
Investor’s share certificates, (b) causing the prompt delivery of appropriate legal opinions from the Company’s counsels in forms reasonably satisfactory to the Investor’s counsel, (c) if the Company has depository receipts
listed or traded on any exchange or inter-dealer quotation system, (i) the prompt delivery of instruction letters to the Company’s share registrar and depository agent to convert the Investor’s securities into depository receipts or
similar instruments to be deposited in the Investor’s brokerage account(s), and (ii) the prompt payment of all reasonable costs and fees charged by the depository agent, including conversion fees and maintenance fees. The Company
acknowledges that time is of the essence with respect to its obligations under this Section 1.16, and that any delay will cause the Investors irreparable harm and constitutes a material breach of the Company’s obligations under this
Agreement. 
 1.17 Foreign Registrations. To the extent the Company effects a listing, public offering or registration in
a jurisdiction other than the U.S., the registration rights afforded the Holders, and the intent of the related provisions, hereunder shall, subject to the applicable securities regulations, be carried out and applied as nearly as possible in such
jurisdiction as if such listing, public offering or registration were effected in the U.S. Also, notwithstanding anything to the contrary and subject to applicable securities laws, to the extent that the Company effects a listing, public offering or
registration in a jurisdiction other than the U.S. for the account of any Shareholders (other than the holders of Series B Preferred Shares, Series B-1 Preferred Shares or Series
B-2 Preferred Shares), other than a listing, public offering or registration solely to the sale of securities to participants in a Company Share Option Plan, the holders of Series B Preferred Shares, Series B-1 Preferred Shares and Series B-2 Preferred Shares shall have the right to participate in the sale of Shares by requesting the Company to include a pro rata portion (based
on aggregate number of shares to be sold) of such holders’ 

  
 14 

 
Registrable Securities in such listing, public offering or registration. The Company shall use its reasonable best efforts to include in such listing, public offering or registration any
Registrable Securities thereby requested to be included by such holders of Series B Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares (as
applicable). 
 SECTION 2 
 RIGHT OF FIRST OFFER 
 2.1 Right of First Offer. For so long as at
least 10% of the sum of all of the Series B Preferred Shares, Series B-1 Preferred Shares and Series B-2 Preferred Shares (as applicable) originally issued remain
outstanding, the Company hereby grants to each Investor a right of first offer with respect to future sales by the Company of its “Shares” (as hereinafter defined). 

2.2 Mechanics. Each time the Company proposes to offer any shares of, or securities convertible into or exercisable for any shares
of, any class of its Capital Shares (the “Shares”), the Company shall first make an offering of such Shares to each Investor in accordance with the following provisions: 

(a) The Company shall deliver a notice (“Notice”) to the Investors stating (i) its bona fide intention to offer such
Shares, (ii) the number of such Shares to be offered, and (iii) the price and terms, if any, upon which it proposes to offer such Shares. 
 (b) Within twenty (20) days after delivery of the Notice, each Investor may elect to purchase or obtain, at the price and on the terms specified in the Notice, up to that portion of such Shares which
equals a fraction, the numerator of which shall be the number of shares of Ordinary Shares then held by the Investor (assuming the conversion of all securities convertible into Ordinary Shares and exercise of all warrants, options and other
securities exercisable for Ordinary Shares), and the denominator of which shall be the total number of shares of Ordinary Shares of the Company then outstanding (assuming the conversion of all securities convertible into Ordinary Shares and exercise
of all warrants, options and other securities exercisable for Ordinary Shares) (each a “First Offer Portion”). The Company shall promptly, in writing, inform each Investor that elects to purchase all the shares available to it under
this Section 2 (each, a “Fully-Exercising Investor”) of any other Investor’s failure to do likewise. During the ten (10)-day period commencing after receipt of such information,
each Fully-Exercising Investor shall be entitled to obtain that portion of the Shares for which Investors were entitled to subscribe but which were not subscribed for by the Investors that is equal to the proportion that the number of Ordinary
Shares then held by the Investor (assuming the conversion of all securities convertible into Ordinary Shares and exercise of all warrants, options and other securities exercisable for Ordinary Shares) bears to the total number of Ordinary Shares of
the Company then held by Investors (assuming the conversion of all securities convertible into Ordinary Shares and exercise of all warrants, option and other securities exercisable for Ordinary Shares). 

  
 15 

 (c) The Company may, during the sixty (60) day period following the expiration of the
period provided in Section 2.1(b) hereof, offer the remaining unsubscribed portion of the Shares to any person or persons at a price not less than, and upon terms no more favorable to the offeree than, those specified in the Notice. If the
Company does not enter into an agreement for the sale of the available and remaining Shares within such period, or if such agreement is not consummated within ninety (90) days of the execution thereof, the right provided hereunder shall be
deemed to be revived and such Shares shall not be offered unless first reoffered to the Investors in accordance herewith. 

2.3 Inapplicable Issuance of Securities. The right of first offer in this Section 2 shall not apply to the issuance or sale of

 (i) Ordinary Shares or options therefore issuable or issued to employees, directors, officers or consultants of the
Company (or any of its subsidiaries) pursuant to a stock option plan or restricted stock plan or any similar equity incentive plan (collectively, the “Option Plan”) approved from time to time by the Board (including the approval of
the Series B Directors); 
 (ii) securities issued pursuant to a stock split, subdivision, recapitalization or similar
transaction, or dividend or other distribution payable in additional Ordinary Shares or other securities or rights exercisable for or convertible into Ordinary Shares; 
 (iii) Ordinary Shares issued or issuable upon conversion of the Preferred Shares or upon the conversion or exercise of convertible or exercisable securities outstanding on the date hereof; 

(iv) securities issued by the Company in connection with the licensing or acquisition of technology or intellectual property by the
Company and entered into primarily for non-equity financing purposes and approved by the Company (including the approval of the Series B Directors); 

(v) securities issued by the Company in connection with the acquisition of or by the Company of or by another entity, whether by merger,
amalgamation, consolidation, reorganization, scheme of arrangement, purchase or sale of all or substantially all of the assets, sale or exchange of shares or otherwise, where such acquisition is approved by the Board (including the approval of the
Series B Directors); 
 (vi) securities issued by the Company in connection with a strategic corporate partnership arrangement,
investment, and/or the acquisition of other assets, properties or other entities and entered into primarily for non-equity financing purposes and approved by the Board (including the approval of the Series B
Directors); 
 (vii) securities issued by the Company to suppliers or third party service providers (excluding directors of the
Company and their affiliates) in connection with the provision of bona fide goods or services pursuant to transactions approved by a majority of the Board (including the approval of the Series B Directors); 

(viii) securities issued by the Company in connection with general or equipment financings, bank financings, real estate leases, joint
ventures or similar transactions entered into primarily for non-equity financing purposes and approved by the Board (including the approval of the Series B Directors); 

  
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 (ix) Ordinary Shares issued or issuable in a public offering before or in connection with
which all outstanding Preferred Shares will be converted to Ordinary Shares or upon the exercise of warrants or cover-allotment options granted to underwriters in connection with such offering; 

(x) securities issued or issuable in connection with any settlement of any action, suit, proceeding or litigation approved by the Board
(including the approval of the Series B Directors); 
 (xi) Ordinary Shares or other securities that are expressly determined not
to be Additional Ordinary Shares hereunder by holders of at least 75% of the Series B Preferred Shares, Series B-1 Preferred Shares and Series B-2 Preferred Shares
then outstanding, voting together as a single class on an as-converted basis; 
 (xii)
Series B-2 Preferred Shares issued under the Share Purchase Agreement; and 
 (xiii)
Series B-2 Warrants (as defined in the Share Purchase Agreement), the Series B-2 Preferred Shares issued or issuable upon the exercise thereof, and the Ordinary Shares
issuable upon conversion of shares. 
 2.4 Termination of Right of First Offer. The covenants set forth in Sections 2
shall terminate as to each Investor and be of no further force or effect upon the earlier of (i) immediately prior to the consummation of a Qualified IPO and (ii) upon a Liquidation Event (as defined in the Company’s Memorandum and
Articles of Association). 
 SECTION 3 
 INFORMATION RIGHTS 
 3.1 Delivery of Financial Statements and Other
Information. The Company shall deliver to each Investor, for as long as such Investor continues to hold at least 1,000,000 Preferred Shares (as adjusted for stock splits, stock dividends and the like) (a “Major Investor”), the
information set forth below: 
 (a) within 120 days after the end of each fiscal year of the Company, a management report and an
income statement for such fiscal year, a balance sheet of the Company and statement of shareholder’s equity as of the end of such year, and a statement of cash flows for such year, such year-end financial
reports to be prepared in accordance with U.S. GAAP or International Financial Reporting Standard (“IFRS”), applied on a consistent basis, and audited and certified by an independent accounting firm; 

  
 17 

 (b) within 45 days after the end of each of the first three quarters of each fiscal year of
the Company, a management report and an unaudited profit or loss statement, a statement of cash flows and summary of bookings for such fiscal quarter and an unaudited balance sheet as of the end of such fiscal quarter, on a consolidated basis,
prepared in accordance with U.S. GAAP or IFRS applied on a consistent basis; 
 (c) within 30 days prior to the end of each
fiscal year, a budget and business plan for the next fiscal year, prepared on a monthly basis, including balance sheets and sources of applications of funds statements for such months and, as soon as prepared, any other budgets or revised budgets
prepared by the Company; 
 (d) copies of all documents or other information sent to all shareholders generally, in their
capacity as shareholders of the Company; and 
 (e) copies of any and all material reports filed by the Company with any relevant
securities exchange, securities regulatory authority or other similar governmental agency. 
 In addition to the foregoing
rights, for so long as any Major Investor holds any shares of the Company, the Company agrees to provide such Major Investor upon request with copies of the current versions of the Company’s Memorandum and Articles of Association (as amended
and restated from time to time) and all agreements relating to any subsequent financings by the Company, in each case reflecting all amendments and restatements thereto through such date of request. The copies of the documents provided under this
Section 3 may be delivered in either hardcopy or electronic format (Portable Document Format (PDF)). 
 3.2 Inspection
Rights. The Company (and its subsidiaries) shall permit each Major Investor to visit and inspect the Company’s (or that of its subsidiary) properties, to examine its books of account and records and to discuss the Company’s business,
operations, affairs, finances and accounts with its directors and officers, all at such reasonable times as may be requested by the Investor; provided, however, that the Company shall not be obligated to provide any information the disclosure of
which to a particular Investor would pose the risk of a specific, identifiable material conflict of interest for such Investor. 

3.3 Termination. The covenants set forth in Section 3 shall terminate as to each Investor and be of no further force or effect
upon the earliest of (i) immediately prior to the consummation of the Company’s initial public offering, and (ii) upon a Liquidation Event. Following the Company’s initial public offering, for as long as Intel or AsiaVest holds
100,000 Ordinary Shares or other shares of the Company (as adjusted for stock splits, stock dividends and the like), the Company shall, at its own initiative and expense, provide Intel and/or AsiaVest with copies of each of the following which are
filed by the Company with any stock exchange or securities regulatory authority and made available to the public: (i) annual reports to shareholders; (ii) annual, semiannual, and quarterly financial statements and reports; and
(iii) prospectuses, registration statements, offering circulars, offering memoranda, and other document relating to any offering of securities of the Company. Such materials shall be provided to Intel and/or AsiaVest promptly (and in any event
within ten (10) business days) after the same are made available to the public. 

  
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 SECTION 4 
 COVENANTS OF THE COMPANY AND OTHER MATTERS 
 4.1 Management Incentive
Plan. 
 (a) Following the closing under the Share Purchase Agreement, and subject to the approval of the Board, the Company
shall reserve 2,000,000 Ordinary Shares (as adjusted for stock split, recapitalization and the like), for issuance to certain members of its management team as options to purchase Ordinary Shares (having an exercise price per share equal to the then
fair market value of such Ordinary Shares), upon the occurrence of any of the following events of the Company upon the attainment of any of the following milestones: 
 (i) the successful completion of an equity financing round in which the Company raises at least US$5,000,000 in cash from subscribers unaffiliated with the Company’s management team, customers, or
existing investors on or before October 31, 2010, in exchange for issuing Series C Preferred Shares bearing rights and privileges customary in venture capital financings, at a pre-financing valuation
exceeding US$125,000,000; 
 (ii) a Change of Control of the Company on or before April 30, 2012 at an implied valuation
exceeding US$125,000,000; or 
 (iii) the completion of a Qualified IPO on or before April 30, 2013. 

(b) Each Investor shall, and shall cause its affiliates and designees to, vote for the reservation and issuance of the Ordinary Shares in
accordance with the provisions in this Section 4.1. 
 4.2 Key Man Insurance. The Company shall retain its “key
man” insurance policies for each of Howard Yang, Stephen Tai, Larry Wu and Shawn Si in an amount of US$1,000,000, with such policies payable to the Company. 
 4.3 Meetings of the Board of Directors. The Board of Directors of the Company shall hold meetings at least once every two months for the 12-month period
following the date hereof. 
 4.4 Employment Contracts. The company shall ensure that each of Howard Yang, Stephen Tai,
Larry Wu and Shawn Si, and any senior management personnel of the Company shall have entered into and be subject to an employment contract with the Company in form and substance as approved by the Board (including the directors designated by holders
of Series B Preferred Shares, Series B-1 Preferred Shares and Series B-2 Preferred Shares pursuant to the Articles of Association of the Company (as amended and restated
from time to time), unless executed prior to the initial sale of the Series B-2 Preferred Shares) containing, among other things, the amount of remuneration or other compensation packages, non-competition obligations and confidentiality undertaking for as long as they are employees of the Company. 

  
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 4.5 Redemption of Shares. 

(a) Redemption of Series B-2 Preferred Shares. Subject to the provisions in the Companies
Law of the Cayman Islands (as amended from time to time), the Company shall, upon the receiving, at any time after June 1, 2013 (the “B-2 Redemption Availability Date”), a written request
for the redemption of the Series B-2 Preferred Shares signed by the holders of at least two-thirds (2/3) of the then outstanding Series B-2 Preferred Shares (a “B-2 Redemption Request”), redeem from funds legally available therefor at the redemption price set forth in Section 4.5(c), on a
date (the “B-2 Redemption Date”) that is within 90 days following its receipt of such written B-2 Redemption Request, all Series B-2 Preferred Shares that are outstanding on the date that the Company receives such first written B-2 Redemption Request, until all outstanding Series B-2 Preferred Shares have been redeemed. Notwithstanding the foregoing, if upon the B-2 Redemption Date, the funds and assets of the Company legally available to redeem such
stock shall be insufficient to redeem all outstanding Series B-2 Preferred Shares to be redeemed, then the Company shall redeem such number of Series B-2 Preferred
Shares as it is able to redeem pro rata from each holder, and any unredeemed shares shall be carried forward and shall be redeemed at the earliest date upon which the Company has funds lawfully available to continue redemption of such unredeemed
shares, to the full extent of legally available funds of the Company at such time, and any such unredeemed shares shall continue to be so carried forward until redeemed. The Series B-2 Preferred Shares that
are subject to redemption hereunder but that have not been redeemed due to insufficient legally available funds and assets of the Company shall continue to be outstanding and entitled to all dividend, liquidation, and other rights, preferences,
privileges and restrictions of the Series B-2 Preferred Shares until such shares have been converted or redeemed. 
 (b) Redemption of Series B Preferred Shares and Series B-1 Preferred Shares. Subject to the provisions in the Companies Law of the Cayman Islands (as amended
from time to time), the Company shall, upon the receiving, at any time after June 19, 2011 (the “B/B-1 Redemption Availability Date”), a written request for the redemption of the Series B
Preferred Shares and the Series B-1 Preferred Shares signed by the holders of at least two-thirds (2/3) of the then outstanding shares of the Series B Preferred
Shares and the Series B-1 Preferred Shares, both series voting together as a single class (a “B/B-1 Redemption Request”), redeem from funds legally
available therefor at the redemption price set forth in Section 4.5(c), on a date (the “B/B-1 Redemption Date”) that is within 90 days following its receipt of such written B/B-1 Redemption Request, all Series B Preferred Shares and Series B-1 Preferred Shares (as applicable) that are outstanding on the date that the Company receives such first
written B/B-1 Redemption Request, until all outstanding Series B Preferred Shares and Series B-1 Preferred Shares have been redeemed. Notwithstanding the foregoing, if
upon the B/B-1 Redemption Date, the funds and assets of the Company legally available to redeem such stock shall be insufficient to redeem all outstanding Series B Preferred Shares and Series B-1 Preferred Shares (as applicable) to be redeemed, then the Company shall redeem such number of Series B Preferred Shares and Series B-1 Preferred Shares (as
applicable) as it is able to redeem pro rata from each holder, and any unredeemed shares shall be carried forward and shall be redeemed at the earliest date upon which the Company has funds lawfully available to continue redemption of such
unredeemed shares, to the full extent of legally available funds of the Company at such time, and any such unredeemed shares shall continue to be so carried forward until redeemed. The Series B Preferred Shares and the Series B-1 Preferred Shares that are subject to redemption hereunder but that have not been redeemed due to insufficient legally available funds and assets 

  
 20 

 
of the Company shall continue to be outstanding and entitled to all dividend, liquidation, and other rights, preferences, privileges and restrictions of the Series B Preferred Shares or the
Series B-1 Preferred Shares (as applicable) until such shares have been converted or redeemed. 
 (c) Redemption Price. The redemption price for each Series B Preferred Share, Series B-1 Preferred Share and Series
B-2 Preferred Share redeemed under Sections 4.5(a) and 4.5(b) above, respectively, shall be an amount equal to 130% of the Series B Subscription Price, Series B-1
Subscription Price or the Series B-2 Subscription Price (as applicable, each term as defined in the Articles of Association of the Company (as amended and restated from time to time) per share, plus all
declared and unpaid dividends thereon (as appropriately adjusted for any stock splits, stock dividends, reorganizations or the like). 
 (d) Redemption Notice. At least 20 but no more than 60 days prior to the Redemption Date, written notice shall be mailed by the Company to each holder of record (at the close of business on the
business day next preceding the day on which notice is given) of the Series B Preferred Shares, the Series B-1 Preferred Shares and/or the Series B-2 Preferred Shares to
be redeemed (as applicable), at the address last shown on the records of the corporation for such holder or given by the holder in writing to the corporation for the purpose of notice or, if no such address appears or is given, at the place where
the principal executive office of the corporation is located, notifying such holder of the redemption to be effected, the redemption price, the number of such holder’s Series B Preferred Shares, Series
B-1 Preferred Shares or Series B-2 Preferred Shares (as applicable) to be redeemed, the place at which payment may be obtained and calling upon such holder to surrender
to the Company, in the manner and at the place designated, the certificate or certificates representing the shares to be redeemed (each such notice is referred to herein as the “Redemption Notice”). 

(e) Surrender of Certificates. On or before the Redemption Date, each holder of Series B Preferred Shares, Series B-1 Preferred Shares and/or Series B-2 Preferred Shares (as applicable) to be redeemed on such Redemption Date shall surrender the certificate(s) representing such shares to
be redeemed to the Company, in the manner and at the place designated in the relevant Redemption Notice, and thereupon the redemption price for such shares shall be payable to the order of the person whose name appears on such certificate(s) as the
owner thereof, and each surrendered certificate shall be canceled and retired. If less than all of the shares represented by such certificate are redeemed, then the corporation shall promptly issue a new certificate representing the unredeemed
shares. 
 (f) Effect of Redemption. If the relevant Redemption Notice has been duly given, and if on the relevant
Redemption Date the redemption price is either paid or made available for payment, then notwithstanding that the certificates evidencing any of the Series B Preferred Shares, the Series B-1 Preferred Shares or
the Series B-2 Preferred Shares (as applicable) so called for redemption shall not have been surrendered, all dividends with respect to such shares shall cease to accrue after the relevant Redemption Date,
such shares shall not thereafter be transferred on the corporation’s books and all of the rights of the holders of such shares with respect to such shares shall terminate after the relevant Redemption Date, except only the right of the holders
to receive the redemption price therefor without interest upon surrender of their certificate(s) therefor. 

  
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 4.6 Protective Provisions. 

(a) So long as any Series B Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares are outstanding, the Company shall not, without first obtaining the approval by vote or written consent of the Board (including the approval of the Series B Directors, and, solely with respect
to item (x) below, the director designated by the holders of Series A Preferred Shares): 
 (i) redeem,
repurchase, or acquire, directly or indirectly, any capital shares of the Company, other than repurchases of Ordinary Shares pursuant to Section 4.5 and the repurchases of Ordinary Shares issued to or held by officers, directors, employees or
consultants providing services to the Company or any subsidiary, upon termination of services to the Company, pursuant to the Company’s standard provisions and at or below the original purchase price of such shares (“Termination
Repurchases”); 
 (ii) increase or decrease the number of Ordinary Shares authorized under the
Company’s stock option plan; 
 (iii) issue or grant any shares, options, or other securities of the Company
or any of its subsidiaries to any Key Shareholder (as defined in the Memorandum and Articles of Association of the Company), whether in connection with an employment agreement or otherwise; 

(iv) approve any guarantee or agreement by the Company to indemnify any other person against any loss or liability, other
than commercially reasonable warranties or indemnification granted to suppliers, customers and employees in the ordinary course of business; 
 (v) grant any mortgage, pledge, hypothecation, or other security interest over all or substantially all of the Company’s assets or properties, whether tangible or intangible; 

(vi) enter into any purchase, lease, sale, or other transaction by the Company involving real property, except for a lease
or termination of a lease of reasonable commercial office space for use by the Company and/or its affiliates; 

(vii) borrow or incur indebtedness of the Company or its subsidiaries (including indebtedness in the form of the
assumption or guaranty of indebtedness of any other person) which (A) is not in the ordinary course of business or in the business plan approved by the Board, or (B) cumulatively with all other borrowing, indebtedness of the Company in
excess of $1,000,000 in the aggregate at any time; 

  
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 (viii) enter into any transaction or series of related transactions between
the Company or any of its subsidiaries and any Key Shareholder (as defined in the Memorandum and Articles of Association of the Company), director, officer, employee, consultant or affiliate of the Company (or any person related to or in which any
director, officer, employee, consultant or affiliate of the Company holds a financial interest) (A) which involves a loan or advance of any kind (other than reasonable advances for travel expenses); (B) which is not in the ordinary course
of business or in the most recent business plan approved by Board; or (C) in which the aggregate value given or received exceeds $50,000 individually or $150,000 in the aggregate during any 12-month
period; 
 (ix) enter into any loan, advance, or extension of credit by the Company or its subsidiaries
(A) not in the ordinary course of business or in the most recent business plan approved by the Board, or (B) which cumulatively with all other loans and extensions of credit by the Companies exceeds $500,000 in the aggregate at any time;

 (x) appoint or remove the Chief Executive Officer, Chief Operating Officer, Managing Director, General
Manager, Chief Financial Officer, or Chief Technology Officer of the Company, or increase the compensation of any of the five most highly compensated employees of the Company by more than 15% in any 12-month
period (excluding, for purposes of this calculation, bonuses paid in accordance with the Company’s budget); 

(xi) change the auditors of the Company or any material accounting policy of the Company; 

(xii) delegate any authority in respect of any of the foregoing matters to any committee of the Board; 

(xiii) enter into any agreement, commitment, or corporate resolution to do any of the foregoing; 

(xiv) take any action that will in the good faith opinion of the Company’s counsel result in taxation of the holders
of the Series B Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares under Section 305 of the United States Internal Revenue Code of 1986,
as amended; or 
 (xv) authorize and issue any securities of the Company in connection with any strategic
transaction, corporate collaboration or legal settlement to which the Company is a party. 
 (b) So long as any Series B
Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares are outstanding, without first obtaining the approval by vote or written consent of the
holders of at least two-thirds (2/3) of the sum of all of the then outstanding Series B Preferred Shares, Series B-1 Preferred Shares and Series B-2 Preferred Shares, all of such series voting together as a single class on an as-converted basis, the Company shall not, and will not permit any of its subsidiaries to:

  
 23 

 (i) amend the Memorandum and Articles of Association of the Company or other
constitutional documents of the Company; 
 (ii) increase or decrease the authorized number of Preferred Shares,
or amend or alter the rights, privileges and protections of the Series B Preferred Shares, the Series B-1 Preferred Shares or Series B-2 Preferred Shares; 

(iii) authorize, designate, reclassify or issue any shares or any equity securities convertible or exchangeable into
shares ranking senior to or on parity with the Series B Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares with respect to liquidation,
redemption, dividend rights and other rights, privileges and preferences of the Series B Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares;

 (iv) change the authorized number, manner of election, or term of office of Directors; 

(v) declare or pay any dividend or distribution on any shares or any equity security convertible or exchangeable into
shares ranking junior to the Series B Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares in liquidation, redemption, or dividend rights or
privileges; or redeem or repurchase any shares ranking junior to the Series B Preferred Shares, Series B-1 Preferred Shares or Series B-2 Preferred Shares in
liquidation, redemption, or dividend rights or privileges except Termination Repurchases; 
 (vi) enter into or
agree to enter into any transaction or series of transactions that would constitute a Liquidation Event; 
 (vii)
approve any material change to the Company’s fundamental business plan or strategy; or 
 (viii) undertake
or enter into any agreement to undertake an Initial Public Offering of Shares unless approved by a majority vote of the Board of Directors of the Company, which majority shall include at least one (1) of the Series B Directors. 

(c) Without limiting any voting requirements or protections with respect to the Series B Preferred Shares, Series B-1 Preferred Shares and Series B-2 Preferred Shares above, in addition to the approval of the Board, the prior written consent of holders of at least two-thirds (2/3) of the outstanding Series A Preferred Shares, Series B Preferred Shares, Series B-1 Preferred Shares and Series
B-2 Preferred Shares, all four series voting together as a single class on an as-converted basis, is required to authorize or issue, or obligate the Company to authorize
or issue, any new class or series of equity securities of the Company or any majority-owned subsidiary of the Company. 

  
 24 

 4.7 Circular 75 Registration. As promptly as practicable after the date hereof, each
shareholder of the Company who qualifies as a “PRC resident shareholder” pursuant to the Circular Huifa [2005] No. 75 issued by the State Administration of Foreign Exchange of the PRC and effective as of November 11, 2005 (the
“Circular 75”) shall use commercially reasonable efforts to file a registration form with the State Administration of Foreign Exchange or its competent local counterpart (“SAFE”) pursuant to the requirements of
Circular 75 and SAFE. 
 SECTION 5 
 MISCELLANEOUS 
 5.1 Enforceability/Severability. The parties hereto
agree that each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law. If any provision of this Agreement shall nonetheless be held to be prohibited by or invalid under applicable law,
such provision shall be effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. 

5.2 Remedies. Each party hereto will be entitled to enforce its rights under this Agreement specifically, to recover damages by
reason of any breach of any provision hereof, and to exercise all other rights existing in its favor. Each party hereto agrees and acknowledges that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and
that each holder may, in its sole discretion, apply for specific performance and injunctive relief in order to enforce or prevent any violations of the provisions of this Agreement. 

5.3 Entire Agreement; Successors and Assigns. This Agreement constitutes the full and entire understanding and agreement between
the parties with regard to the subjects hereof and supersedes and replaces the Prior Agreement in its entirety. Subject to the exceptions specifically set forth in this Agreement, the terms and conditions of this Agreement shall inure to the benefit
of and be binding upon the respective executors, administrators, heirs, successors and assigns of the parties. 
 5.4
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of Hong Kong S.A.R. notwithstanding any rules regarding conflict of laws; provided, however, that all provisions hereof pertaining or relating to the
corporate governance of the Company shall be construed in accordance with and governed by the Companies Law of the Cayman Islands. 
 5.5 Dispute Resolution. 
 (a) Any dispute, controversy or claim arising out
of or relating to this Agreement, or the interpretation, breach, termination or validity hereof, shall be submitted to arbitration upon the request of either party with notice to the other. 

(b) The arbitration shall be conducted in Hong Kong under the auspices of the Hong Kong International Arbitration Centre (the
“Centre”). There shall be three arbitrators. The Company on the one hand, and the Investors, on the other hand, shall select one arbitrator within 

  
 25 

 
thirty (30) days after giving or receiving the demand for arbitration. Such arbitrators shall be freely selected, and the parties shall not be limited in their selection to any prescribed
list. The Chairman of the Centre shall select the third arbitrator, who shall be qualified to practice law in Hong Kong, S.A.R. If either party does not appoint an arbitrator who has consented to participate within thirty (30) days after
selection of the first arbitrator, the relevant appointment shall be made by the Chairman of the Centre. 
 (c) The arbitration
proceedings shall be conducted in English. The arbitration tribunal shall apply the Arbitration Rules of the Centre in effect at the time of the arbitration. However, if such rules are in conflict with the provisions of this Section 5.5,
including the provisions concerning the appointment of arbitrators, the provisions of this Section 5.5 shall prevail. 
 (d)
Subject to Section 5.4 hereof, the arbitrators shall decide any dispute submitted by the parties to the arbitration strictly in accordance with the substantive law of Hong Kong, S.A.R. and shall not apply any other substantive law. 

(e) The award of the arbitration tribunal shall be final and binding upon the disputing parties, and either party may apply to a court of
competent jurisdiction for enforcement of such award. 
 (f) Either party shall be entitled to seek preliminary injunctive
relief, if possible, from any court of competent jurisdiction pending the constitution of the arbitral tribunal. 
 5.6
Counterparts. This Agreement may be executed in counterparts, each of which shall be an original, but all of which together shall constitute one and the same instrument. Any counterpart or signature of a party delivered by facsimile, email or
similar electronic transmission pursuant to which the signature of (or behalf of) such party can be seen shall be deemed for all purposes as being a good and valid execution and delivery of this Agreement by such party. 

5.7 Headings. The section headings of this Agreement are for convenience and shall not by themselves determine the interpretation
of this Agreement. 
 5.8 Notices. Any notice required or permitted hereunder shall be given in writing and shall be
conclusively deemed effectively given (i) upon personal delivery, (ii) upon delivery by overnight courier, or (iii) five days after deposit in the United States mail, by registered or certified mail, postage prepaid, addressed
(a) if to the Company, to its principal office and (b) if to an Investor, to such Investor’s address as is on file with the records of the Company, or at such other address as the parties may designate by ten days’ advance
written notice to the other parties. 
 5.9 Amendment of Agreement. Any provision of this Agreement may be amended and the
observance thereof may be waived by a written instrument signed by the Company and by the Investors holding 66 2/3% of the outstanding Registrable Securities then held by the Investors; provided that any provision of this Agreement which requires
the vote, consent or 

  
 26 

 
approval of a greater proportion of a specified class or series for a particular matter, then any amendment to that provision shall require the vote, consent or approval of such greater
proportion Any such amendment, modification or waiver shall be binding on all parties hereto whether or not they execute such instrument. 
 [Signature Pages Follow] 

  
 27 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	MONTAGE TECHNOLOGY GROUP LIMITED
		
	By:	 	/s/ Howard Yang
		 	  

	Name:	 	Howard Yang
	Title:	 	Chief Executive Officer

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	HOWARD CHONGHE YANG
	
	 /s/ Howard Yang

	
	LEI WU
	
	 /s/ Lei Wu

	
	XIAOMIN SI
	
	 /s/ XiaoMin Si

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	ELITE GLOBAL INTERNATIONAL CORPORATION
		
	By:	 	/s/ [Handwriting Signature]
		 	  

	Name:	 	
		 	  

	Title:	 	
		 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	VENGLOBAL CAPITAL FUND II, L.P.
		
	By:	 	/s/ Gary Y. Cheng
		 	  

	Name:	 	Gary Y. Cheng
	Title:	 	General Partner
	
	XUNREN YANG AND SHUZHUANG LIANG
	
	 /s/ Xunren Yang

	
	 /s/ Shuzhuang Liang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	STEPHEN TAI
	
	 /s/ Stephen Tai

	
	ERIC KWONG HANG TSANG
	
	 /s/ Eric Kwong Hang Tsang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	YUNG YUNG KUO
	
	 /s/ Yung Yung Kuo

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	JUNG KUNG YANG
	
	 /s/ Jung Kung Yang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	PING K. KO
	
	 /s/ Ping K. Ko

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	GAIN AGAIN INVESTMENTS LIMITED
		
	By:	 	/s/ [Handwriting Signature]
		 	  

	Name:	 	
		 	  

	Title:	 	
		 	  

	
	JUPITER GLOBAL PROFITS LIMITED
		
	By:	 	/s/ Duen-Chian Cheng
		 	  

	Name:	 	Duen-Chian Cheng
	Title:	 	Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	ASIAVEST OPPORTUNITIES FUND IV
		
	By:	 	 /s/ T. J. Huang

	Name:	 	T. J. Huang
	Title:	 	Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	TRANSLINK CAPITAL PARTNERS I, L.P.
		
	By:	 	 /s/ Jackie Yang

	Name:	 	Jackie Yang
	Title:	 	Managing Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this Agreement, effective
as of the date first written above. 
  

			
	Shareholders
	
	INTEL CAPITAL CORPORATION
		
	By:	 	 /s/ Michael J Scown

	Name:	 	Michael J Scown
	Title:	 	Authorized Signatory
	
	INTEL CAPITAL (CAYMAN) CORPORATION
		
	By:	 	 /s/ Michael J Scown

	Name:	 	Michael J Scown
	Title:	 	Authorized Signatory

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	SILICON FEDERATION INTERNATIONAL LIMITED
		
	By:	 	 /s/ Ko, Peter Ping Wah

	Name:	 	 
	Title:	 	 

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	CHEW, KHENG HENG
	
	 /s/ Chew Kheng Heng

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	CATHY YEN
	
	 /s/ Cathy Yen

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	SF CAPITAL LIMITED
		
	By:	 	 /s/ Fang Yan Zau Alexander

	Name:	 	Fang Yan Zau Alexander
	Title:	 	Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	Shareholders
	
	JIANJUN ZHOU
	
	 /s/ Jianjun Zhou

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	DREAMACHINA LIMITED
		
	By:	 	 /s/ Daniel Mao

	Name:	 	Daniel Mao
	Title:	 	 

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	AIL
		
	By:	 	 /s/ Jonney Shih

	Name:	 	Jonney Shih
	Title:	 	Chairman
	
	CHINA ELECTRONICS CORPORATION HUA HONG INTERNATIONAL LTD.
		
	By:	 	 /s/ Zhongrui Xia

	Name:	 	Zhongrui Xia
	Title:	 	President

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholders
	
	TSONG-JEN HUANG
	
	 /s/ T. J. Huang

	
	SHUNG HO SHAW
	
	 /s/ Shung Ho Shaw

	
	YEH DON-CHARNG
	
	 /s/ Yeh Don-Charng

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholders
	
	LEE FANG-LIN
	
	 /s/ Lee Fang Lin

	
	CHENG WEN-FENG
	
	 /s/ Cheng Wen Feng

	
	CHEN CHIA-CHIN
	
	 /s/ Chen Chia-Chin

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholders
	
	CHANG MING-FONG
	
	 /s/ Chang Ming Fong

	
	TAI CHEN-CHEN
	
	 /s/ Chen Chen Tai

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	Shareholders
	
	BRIDGTON INVESTMENTS LTD.
		
	By:	 	/s/ [Handwriting Signature]
		 	  

	Name:	 	
		 	  

	Title:	 	
		 	  

	
	GOLDEN GLOBAL INTERNATIONAL CORPORATION
		
	By:	 	/s/ Hsuan Chen Shu Chen
		 	  

	Name:	 	
		 	  

	Title:	 	
		 	  

	
	SHARP FOCUS ASSETS MANAGEMENT LIMITED
		
	By:	 	/s/ Ito Shigeru
		 	  

	Name:	 	Ito Shigeru
	Title:	 	Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholders
	
	DAOLIN MAO
	
	 /s/ Daolin Mao

	
	JIE GU
	
	 /s/ Jie Gu

	
	LIN SU
	
	 /s/ Lin Su

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDED AND RESTATED
INVESTOR RIGHTS AGREEMENT 

 Schedule A 

Investors 

Series A Investors: 
 ESSEX Global
Holdings Ltd. 
 Jupiter Global Profits Limited 
 Hsie Cheng Invest Co. 
 Venglobal Capital Fund II, L.P. 

Caroline T. Cheng 
 Xunren Yang and Shuzhuang
Liang 
 Stephen Tai 
 Eric Kwong Hang
Tsang 
 Lei Wu 
 XiaoMin Si 

Yung Yung Kuo 
 Jung Kung Yang 

Sharon Liu 
 Daolin Mao 

Dreamachina Limited 
 Somjai Chuangcharoendee

 Ping K. Ko 
 Linda U. Co 

David N.K Wang and Aileen A.P Wang Revocable Living Trust 
 Shuchen Tina Wang 
 Howard Chonghe Yang 
 Gain Again Investments Limited 
 Provenance Investments Ltd 

Senegal International Limited 
 Golden Global
International Corporation 
 Sharp Focus Assets Management Limited 
 Series B Investors: 
 AsiaVest Opportunities Fund IV 

Intel Capital (Cayman) Corporation (formerly known as Intel Capital Corporation), a Cayman Islands company 

Silicon Federation International Limited 

SFVEST, LLC 
 Gain Again Investments Limited

 Na Zhang 
 Jupiter Global Profits
Limited 
 Chew, Kheng Heng 
 Hsie Cheng
Invest Co. 
 Jung Kung Yang 
 Beomsup
Kim 

 Cathy Yen 
 SF Capital Limited 
 Ulfers Global Holdings Limited 

Elite Global International Corporation 
 Sharp
Focus Assets Management Limited 
 China Electronics Corporation Hua Hong International Ltd. 

Series B-1 Investors: 
 AsiaVest Opportunities Fund IV 
 Translink Capital Partners I, L.P. 

Intel Capital Corporation 
 Silicon Federation
International Limited 
 Beomsup Kim 

Riverwood Capital LLC 
 Jianjun Zhou 

SF Capital Limited 
 Dreamachina Limited

 AIL Bridgton Investments Ltd. 
 Elite
Global International Corporation 
 Sharp Focus Assets Management Limited 
 Tsong-Jen Huang 
 Shung Ho Shaw 

Yeh Don-Charng 
 Lee Fang-Lin 
 Cheng
Wen-Feng 
 Chen Chia-Chin 
 Chang Ming-Fong 
 Tai Chen-Chen 
 Cathy Yen 
 Cao Yun 
 Quaker Investment Limited 
 China Electronics Corporation Hua Hong International Ltd. 

Series B-2 Investors: 
 AsiaVest Opportunities Fund IV 
 Bridgton Investments Ltd. 

Golden Global International Corporation 
 Sharp
Focus Assets Management Limited 
 Dreamachina Limited 
 Translink Capital Partners I, L.P. 
 Ping K. Ko 

 Howard Chonghe Yang 
 Stephen Tai 
 Jie Gu 
 Lei Wu 
 XiaoMin Si 
 Lin Su 
 Cathy Yen 

 AMENDMENT 
 TO 
 AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT 

This AMENDMENT (the “Amendment”) is entered into as of August 13, 2013, by and among Montage Technology
Group Limited, an exempted company registered by way of continuation under the Companies Law (2007 Revision) of the Cayman Islands (the “Company”), the holders of Series A Preferred Shares, the Series B Preferred Shares, the Series B-1 Preferred Shares and the Series B-2 Preferred Shares set forth on Schedule A hereto (collectively, the “Investors”) to amend the Amended and
Restated Investor Rights Agreement entered into by and among the Company and certain of the Investors as of October 8, 2009 (the “Investor Rights Agreement”). 

WHEREAS, in accordance with the requirements of Section 5.9 of the Investor Rights Agreement, the undersigned constitute the
requisite parties necessary to amend the Investor Rights Agreement. 
 NOW THEREFORE, the parties hereto agree to amend the
Investor Rights Agreement as follows: 
 Amendments. 

The “B-2 Redemption Availability Date” as defined in Section 4.5(a) of the
Investor Rights Agreement is amended from June 1, 2013 to January 1, 2014. As a result, the first sentence of Section 4.5(a) is amended and restated in its entirety to read as follows: 

“Subject to the provisions in the Companies Law of the Cayman Islands (as amended from time to time), the Company
shall, upon the receiving, at any time after January 1, 2014 (the “B-2 Redemption Availability Date”), a written request for the redemption of the Series
B-2 Preferred Shares signed by the holders of at least two-thirds (2/3) of the then outstanding Series B-2 Preferred Shares
(a “B-2 Redemption Request”), redeem from funds legally available therefor at the redemption price set forth in Section 4.5(c), on a date (the
“B-2 Redemption Date”) that is within 90 days following its receipt of such written B-2 Redemption Request, all Series
B-2 Preferred Shares that are outstanding on the date that the Company receives such first written B-2 Redemption Request, until all outstanding Series B-2 Preferred Shares have been redeemed.” 
 The
“B/B-1 Redemption Availability Date” as defined in Section 4.5(b) of the Investor Rights Agreement is amended from June 19, 2011 to January 1, 2014. As a result, the first sentence of
Section 4.5(b) is amended and restated in its entirety to read as follows: 
 “Subject to the
provisions in the Companies Law of the Cayman Islands (as amended from time to time), the Company shall, upon the receiving, at any time after January 1, 2014 (the “B/B-1 Redemption Availability
Date”), a written request for the redemption of the Series B Preferred Shares and the Series B-1 Preferred Shares signed by the holders of at least two-thirds
(2/3) of the then outstanding shares of the Series B Preferred Shares and the Series B-1 Preferred Shares, both series voting together as a single class (a
“B/B-1 Redemption Request”), redeem from funds legally available therefor at the redemption price set forth in Section 4.5(c), on a date

  
 1 

 
(the “B/B-1 Redemption Date”) that is within 90 days following its receipt of such written B/B-1
Redemption Request, all Series B Preferred Shares and Series B-1 Preferred Shares (as applicable) that are outstanding on the date that the Company receives such first written
B/B-1 Redemption Request, until all outstanding Series B Preferred Shares and Series B-1 Preferred Shares have been redeemed.” 

Full Force and Effect. Except as amended hereby, the Investor Rights Agreement remains in full force and effect and the terms,
covenants and conditions set forth therein are hereby ratified, confirmed and restated as if fully set forth herein. 

Counterparts; Signatures. This Amendment may be executed in counterparts, each of which shall be deemed an original and all of
which taken together shall constitute but one and the same instrument. Any signature to this Amendment that is delivered by facsimile, PDF file (or other similar imaging software) or in person shall be considered valid and binding. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 2 

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	MONTAGE TECHNOLOGY GROUP LIMITED
		
	By:	 	 /s/ Howard Yang

	Name:	 	Howard Yang
	Title:	 	Chief Executive Officer

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	HOWARD CHONGHE YANG
	
	 /s/ Howard Chonghe Yang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	TAI KUAI LAP AND CHAO IONG WA JOINTLY
	
	 /s/ Tai Kuai Lap

	
	 /s/ Chao Iong Wa

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	LEI WU
	
	 /s/ Lei Wu

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	XIAOMIN SI
	
	 /s/ XiaoMin Si

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	ULFERS GLOBAL HOLDINGS LIMITED
		
	By:	 	 /s/ Robert L. Chen

	Name:	 	  

	Title:	 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	ESSEX GLOBAL HOLDINGS LTD.
		
	By:	 	 /s/ [Handwriting Signature]

	Name:	 	  

	Title:	 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	VENGLOBAL CAPITAL FUND II, L.P.
		
	By:	 	 /s/ Gary Y. Cheng

	Name:	 	Gary Y. Cheng
	Title:	 	General Partner

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	XUNREN YANG AND SHUZHUANG LIANG
	
	 /s/ Xunren Yang

	
	 /s/ Shuzhuang Liang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	STEPHEN TAI
	
	 /s/ Stephen Tai

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	ERIC KWONG HANG TSANG
	
	 /s/ Eric Kwong Hang Tsang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	YUNG YUNG KUO
	
	 /s/ Yung Yung Kuo

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	JUNG KUNG YANG
	
	 /s/ Jung Kung Yang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	PROVENANCE INVESTMENTS LTD
		
	By:	 	 /s/ [Handwriting Signature]

	Name:	 	  

	Title:	 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	SENEGAL INTERNATIONAL LIMITED
		
	By:	 	 /s/ [Handwriting Signature]

	Name:	 	  

	Title:	 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	SHUCHEN TINA WANG
	
	 /s/ Shu-chen Tina Wang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	GAIN AGAIN INVESTMENTS LIMITED
		
	By:	 	 /s/ Stan Hung

	Name:	 	Stan Hung
	Title:	 	Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	ASIAVEST OPPORTUNITIES FUND IV
		
	By:	 	 /s/ T. J. Huang

	Name:	 	  

	Title:	 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	TRANSLINK CAPITAL PARTNERS I, L.P.
		
	By:	 	 /s/ Jackie Yang

	Name:	 	Jackie Yang
	Title:	 	Managing Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	INTEL CAPITAL CORPORATION
		
	By:	 	 /s/ Michael J Scown

	Name:	 	Michael J Scown
	Title:	 	Authorized Signatory

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	INTEL CAPITAL (CAYMAN) CORPORATION
		
	By:	 	 /s/ Michael J Scown

	Name:	 	Michael J Scown
	Title:	 	Authorized Signatory

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	CHEW, KHENG HENG
	
	 /s/ Chew, Kheng Heng

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	SF CAPITAL LIMITED
		
	By:	 	 /s/ Fang Yan Zau Alexander

	Name:	 	Fang Yan Zau Alexander
	Title:	 	Director

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	JIANJUN ZHOU
	
	 /s/ Jianjun Zhou

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	RIVERWOOD CAPITAL LLC
		
	By:	 	 /s/ Jeffrey T. Parks

	Name:	 	Jeffrey T. Parks
	Title:	 	Partner

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	CHINA ELECTRONICS CORPORATION HUA HONG INTERNATIONAL LTD.
		
	By:	 	 /s/ Jin Guo

	Name:	 	Jin Guo
	Title:	 	Vice President

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	TSONG-JEN HUANG
	
	 /s/ Tsong-Jen Huang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	DON CHARNG YEH
	
	 /s/ Don Charng Yeh

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	FANG LIN LEE
	
	 /s/ Fang Lin Lee

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	CHIA CHIN CHEN
	
	 /s/ Chia Chin Chen

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	MING FONG CHANG
	
	 /s/ Ming Fong Chang

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	CHEN CHEN TAI
	
	 /s/ Chen Chen Tai

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	BRIDGTON INVESTMENTS LTD.
		
	By:	 	 /s/ [Handwriting Signature]

	Name:	 	  

	Title:	 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	DAOLIN MAO
	
	 /s/ Daolin Mao

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	JIE GU
	
	 /s/ Jie Gu

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	TLC CAPITAL CO., LTD.
		
	By:	 	 /s/ Duen-Chian Cheng

	Name:	 	Duen-Chian Cheng
	Title:	 	President

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	SCP AIV I, LTD.
		
	By:	 	 /s/ Eric Thompson

	Name:	 	Eric Thompson
	Title:	 	Authorized Signer

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

			
	
	Shareholder
	
	DREAMACHINA LIMITED
		
	By:	 	 /s/ [Handwriting Signature]

	Name:	 	  

	Title:	 	  

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	HAWMING HAUNG
	
	 /s/ Hawming Haung

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	ALAN TZI-HONG YIU
	
	 /s/ Alan Tzi-Hong Yiu

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 IN WITNESS WHEREOF, the undersigned have executed, or have caused to be executed, this
Agreement, effective as of the date first written above. 
  

	
	
	Shareholder
	
	PANNYUN YIU
	
	 /s/ Pannyun Yiu

  

MONTAGE TECHNOLOGY GROUP LIMITED 

SIGNATURE PAGE TO AMENDMENT TO AMENDED
AND RESTATED INVESTOR RIGHTS 
 AGREEMENT

 Schedule A 

Investors 

Series A Investors: 
 Howard Chonghe
Yang 
 Stephen Tai 
 Xunren Yang and
Shuzhuang Liang 
 Tai Kuai Lap and Chao Iong Wa jointly 
 XiaoMin Si 
 Cheng, Duen-Chian 
 Jung Kung Yang 
 TLC Capital Co., Ltd. 
 Golden Global International Corporation 
 Lei Wu 

SCP AIV I, Ltd. 
 Daolin Mao 

Venglobal Capital Fund II, L.P. 
 Provenance
Investments Ltd. 
 ESSEX Global Holdings Ltd. 
 Senegal International Limited 
 Eric Kwong Hang Tsang 

Yung Yung Kuo 
 Linda U. Co 

Wang 2011 Irrevocable Trust fbo Pearl C. Wang 

Wang 2011 Irrevocable Trust fbo Eric D. Wang 

Hawming Haung 
 Ko, Peter Ping Wah 

Gain Again Investments Limited 
 Real Bless
International Limited 
 Caroline T. Cheng 
 Alan Tzi-Hong Yiu 
 Pannyun Yiu 

Sharon Liu 
 Shuchen Tina Wang 

Series B Investors: 
 Chew, Kheng Heng

 Cheng, Duen-Chian 
 Jung Kung Yang

 Absolute Pioneer Co., Ltd. 
 AsiaVest
Opportunities Fund IV 
 Intel Capital (Cayman) Corporation 
 TLC Capital Co., Ltd. 
 Elite Global International Corporation 

 Ulfers Global Holdings Limited 
 China Electronics Corporation Hua Hong International Ltd. 
 Silicon Federation International
Limited 
 Christine S. Chang, Trustee of the Christine and Dick Chang Trust 
 SFVest, LLC 
 SF Capital Limited 
 Gain Again Investments Limited 
 Real Bless International Limited 

Beomsup Kim 
 Na Zhang 

Series B-1 Investors: 
 Absolute Pioneer Co., Ltd. 
 AsiaVest Opportunities Fund IV 

Intel Capital Corporation 
 Bridgton Investments
Ltd. 
 TLC Capital Co., Ltd. 
 AIL

 Dreamachina Limited 
 Translink
Capital Partners I, L.P. 
 Elite Global International Corporation 
 China Electronics Corporation Hua Hong International Ltd. 
 Silicon Federation International
Limited 
 Christine S. Chang, Trustee of the Christine and Dick Chang Trust 
 SF Capital Limited 
 Riverwood Capital LLC 
 Jianjun Zhou 
 Shung Ho Shaw 
 Tsong-Jen Huang 
 Beomsup Kim 

Quaker Investments Limited 
 Ming Fong Chang

 Chen Chen Tai 
 Yun Cao 

Don Charng Yeh 
 Fang Lin Lee 

Cheng Wen Feng 
 Chia Chin Chen 

Series B-2 Investors: 
 Howard Chonghe Yang 
 Stephen Tai 
 XiaoMin Si 
 Chew, Kheng Heng 

 Jie Gu 
 Lin Su 
 Absolute Pioneer Co., Ltd. 
 AsiaVest Opportunities Fund IV 
 Bridgton Investments Ltd. 

TLC Capital Co., Ltd. 
 Golden Global
International Corporation 
 Lei Wu 

Translink Capital Partners I, L.P. 
 Ko, Peter
Ping Wah 
 Dreamachina LimitedEX-10.1

 Exhibit 10.1 
 MONTAGE TECHNOLOGY GROUP LIMITED 
 2006 SHARE INCENTIVE PLAN

 TABLE OF CONTENTS 

 

									
	 	 	 	 	 	  	Page	 
			
	 1.
	 	 PURPOSE OF THE PLAN
	  	 	1	  
			
	 2.
	 	 ADMINISTRATION
	  	 	1	  
				
		 	 2.1
	 	Administrator	  	 	1	  
				
		 	 2.2
	 	Plan Awards; Interpretation; Powers of Administrator	  	 	2	  
				
		 	 2.3
	 	Binding Determinations	  	 	3	  
				
		 	 2.4
	 	Reliance on Experts	  	 	3	  
				
		 	 2.5
	 	Delegation	  	 	3	  
			
	 3.
	 	 ELIGIBILITY
	  	 	3	  
			
	 4.
	 	 SHARES SUBJECT TO THE PLAN
	  	 	4	  
				
		 	 4.1
	 	Shares Available	  	 	4	  
				
		 	 4.2
	 	Share Limits	  	 	4	  
				
		 	 4.3
	 	Replenishment and Reissue of Unvested Awards	  	 	4	  
				
		 	 4.4
	 	Reservation of Shares	  	 	5	  
			
	 5.
	 	 OPTION GRANT PROGRAM
	  	 	5	  
				
		 	 5.1
	 	Option Grants in General	  	 	5	  
				
		 	 5.2
	 	Types of Options	  	 	6	  
				
		 	 5.3
	 	Option Price	  	 	6	  
				
		 	 5.4
	 	Vesting; Term; Exercise Procedure	  	 	8	  
				
		 	 5.5
	 	Limitations on Grant and Terms of Incentive Stock Options	  	 	9	  
				
		 	 5.6
	 	Limits on 10% Holders	  	 	10	  
				
		 	 5.7
	 	Effects of Termination of Employment on Options	  	 	10	  
				
		 	 5.8
	 	Option Repricing/Cancellation and Regrant/Waiver of Restrictions	  	 	11	  
				
		 	 5.9
	 	Early Exercise Options	  	 	12	  
			
	 6.
	 	 SHARE AWARD PROGRAM
	  	 	12	  
				
		 	 6.1
	 	Share Awards in General	  	 	12	  
				
		 	 6.2
	 	Types of Share Awards	  	 	12	  
				
		 	 6.3
	 	Purchase Price	  	 	12	  
				
		 	 6.4
	 	Vesting	  	 	13	  
				
		 	 6.5
	 	Term	  	 	13	  
				
		 	 6.6
	 	Share Certificates; Fractional Shares	  	 	13	  

  
 -i-

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
		 	 6.7
	 	Dividend and Voting Rights	  	 	14	  
				
		 	 6.8
	 	Termination of Employment; Return to the Company	  	 	14	  
				
		 	 6.9
	 	Waiver of Restrictions	  	 	14	  
			
	 7.
	 	 PROVISIONS APPLICABLE TO ALL AWARDS
	  	 	14	  
				
		 	 7.1
	 	Rights of Eligible Persons, Participants and Beneficiaries	  	 	14	  
				
		 	 7.2
	 	No Transferability; Limited Exception to Transfer Restrictions	  	 	15	  
				
		 	 7.3
	 	Adjustments; Changes in Control	  	 	17	  
				
		 	 7.4
	 	Termination of Employment or Services	  	 	21	  
				
		 	 7.5
	 	Compliance with Laws	  	 	22	  
				
		 	 7.6
	 	Tax Withholding	  	 	24	  
				
		 	 7.7
	 	Plan and Award Amendments, Termination and Suspension	  	 	25	  
				
		 	 7.8
	 	Privileges of Share Ownership	  	 	26	  
				
		 	 7.9
	 	Share-Based Awards in Substitution for Awards Granted by Other Company	  	 	26	  
				
		 	 7.10
	 	Effective Date of the Plan	  	 	26	  
				
		 	 7.11
	 	Term of the Plan	  	 	26	  
				
		 	 7.12
	 	Governing Law/Severability	  	 	26	  
				
		 	 7.13
	 	Captions	  	 	27	  
				
		 	 7.14
	 	Non-Exclusivity of Plan	  	 	27	  
				
		 	 7.15
	 	No Restriction on Corporate Powers	  	 	27	  
				
		 	 7.16
	 	Other Company Compensation or Benefit Programs	  	 	27	  
			
	 8.
	 	 DEFINITIONS
	  	 	27	  

  
 -ii-

 MONTAGE TECHNOLOGY GROUP LIMITED 

2006 SHARE INCENTIVE PLAN 
 PREFACE 
 This Plan is divided into two separate equity programs:
(1) the option grant program set forth in Section 5 under which Eligible Persons (as defined in Section 3) may, at the discretion of the Administrator, be granted Options, and (2) the share award program set forth in
Section 6 under which Eligible Persons may, at the discretion of the Administrator, be awarded restricted or unrestricted Ordinary Shares. Section 2 of this Plan contains the general rules regarding the administration of this Plan.
Section 3 sets forth the requirements for eligibility to receive an Award grant under this Plan. Section 4 describes the authorized shares of the Company that may be subject to Awards granted under this Plan. Section 7 contains other
provisions applicable to all Awards granted under this Plan. Section 8 provides definitions for certain capitalized terms used in this Plan and not otherwise defined herein. 

 

	1.	PURPOSE OF THE PLAN. 

 The
purpose of this Plan is to promote the success of the Company and the interests of its shareholders by providing a means through which the Company may grant equity-based incentives to attract, motivate, retain and reward certain officers, employees,
directors and other eligible persons and to further link the interests of Award recipients with those of the Company’s shareholders generally. 
  

	2.	ADMINISTRATION. 

  

	 	2.1	Administrator. This Plan shall be administered by and all Awards under this Plan shall be authorized by the Administrator. The
“Administrator” means the Board or one or more committees appointed by the Board or another committee (within its delegated authority) to administer all or certain aspects of this Plan. Any such committee shall be comprised solely
of one or more directors or such number of directors as may be required under applicable law. A committee may delegate some or all of its authority to another committee so constituted. The Board or a committee comprised solely of directors may also
delegate, to the extent permitted by the Companies Law (2004 Revision) of the Cayman Islands and any other applicable law, to one or more officers of the Company, its powers under this Plan (a) to designate the officers and employees of the
Company and its Affiliates who will receive grants of Awards under this Plan and (b) to determine the number of shares subject to, and the other terms and conditions of, such Awards. The Board may delegate different levels of authority to
different committees with administrative and grant authority under this Plan. Unless otherwise provided in the Memorandum and Articles of Association of the Company (as amended) or the applicable charter of any Administrator: (a) a majority of
the members of the acting Administrator shall constitute a quorum and (b) the vote of a majority of the members present assuming the presence of a quorum or the unanimous written consent of the members of the Administrator shall constitute
action by the acting Administrator. 

  
 1 

	 	2.2	Plan Awards; Interpretation; Powers of Administrator. Subject to the express provisions of this Plan, the Administrator is authorized and empowered
to do all things it deems necessary or desirable in connection with the authorization of Awards and the administration of this Plan (in the case of a committee or delegation to one or more officers, within the authority delegated to that committee
or person(s)), including, without limitation, the authority to: 

  

	 	(a)	determine eligibility and, from among those persons determined to be eligible, the particular Eligible Persons who will receive Awards; 

 

	 	(b)	grant Awards to Eligible Persons, determine the price and number of securities to be offered or awarded to any of such persons, determine the other specific terms and
conditions of Awards consistent with the express limits of this Plan, establish the installments (if any) in which such Awards will become exercisable or will vest (which may include, without limitation, performance and/or time-based schedules) or
determine that no delayed exercisability or vesting is required, establish any applicable performance targets and establish the events of termination or reversion of such Awards; 

 

	 	(c)	approve the forms of Award Agreements, which need not be identical either as to type of Award or among Participants; 

 

	 	(d)	construe and interpret this Plan and any Award Agreement or other agreements defining the rights and obligations of the Company, its Affiliates and Participants under
this Plan, make factual determinations with respect to the administration of this Plan, further define the terms used in this Plan, and prescribe, amend and rescind rules and regulations relating to the administration of this Plan or the Awards;

  

	 	(e)	cancel, modify or waive the Company’s rights with respect to, or modify, discontinue, suspend or terminate any or all outstanding Awards, subject to any required
consent under Section 7.7.4; 

  

	 	(f)	accelerate or extend the vesting or exercisability or extend the term of any or all outstanding Awards (within the maximum ten-year term of Awards under
Sections 5.4.2 and 6.5) in such circumstances as the Administrator may deem appropriate (including, without limitation, in connection with a termination of employment or services or other events of a personal nature); 

 

	 	(g)	determine Fair Market Value for purposes of this Plan and Awards; 

  

	 	(h)	determine the duration and purposes of leaves of absence that may be granted to Participants without constituting a termination of their employment for purposes of this
Plan; 

  
 2 

	 	(i)	determine whether, and the extent to which, adjustments are required pursuant to Section 7.3 hereof and authorize the termination, conversion, substitution or
succession of awards upon the occurrence of an event of the type described in Section 7.3; and 

  

	 	(j)	implement any procedures or steps or additional or different requirements as may be necessary to comply with any relevant laws of the People’s Republic of China
(the “PRC”) that may be applicable to this Plan, any Award pursuant to this Plan or any related documents, including but not limited to foreign exchange laws, tax laws and securities law of the PRC. 

 

	 	2.3	Binding Determinations. Any action taken by, or inaction of, the Company, any Affiliate, the Board or the Administrator relating or pursuant to
this Plan and within its authority hereunder or under applicable law shall be within the absolute discretion of that entity or body and shall be conclusive and binding upon all persons. Neither the Board nor the Administrator, nor any member thereof
or person acting at the direction thereof, shall be liable for any act, omission, interpretation, construction or determination made in good faith in com1ection with this Plan (or any Award), and all such persons shall be entitled to indemnification
and reimbursement by the Company in respect of any claim, loss, damage or expense (including, without limitation, attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under any directors and officers
liability insurance coverage that may be in effect from time to time. 

  

	 	2.4	Reliance on Experts. In making any determination or in taking or not taking any action under this Plan, the Administrator or the Board, as the case
may be, may obtain and may rely upon the advice of experts, including employees of and professional advisors to the Company. No director, officer or agent of the Company or any of its Affiliates shall be liable for any such action or detem1ination
taken or made or omitted in good faith. 

  

	 	2.5	Delegation. The Administrator may delegate ministerial, non-discretionary functions to individuals who are officers or employees of the Company or
any of its Affiliates or to third parties. 

  

	3.	ELIGIBILITY. 

 Awards may
be granted under this Plan only to those persons that the Administrator determines to be Eligible Persons. An “Eligible Person” means any person who qualifies as one of the following at the time of grant of the respective Award:

  

	 	(a)	an officer (whether or not a director) or employee of the Company or any of its Affiliates; 

 

	 	(b)	any member of the Board; or 

  
 3 

	 	(c)	any director of one of the Company’s Affiliates, or any individual consultant or advisor who renders or has rendered bona fide services (other than services in
connection with the offering or sale of securities of the Company or one of its Affiliates, as applicable, in a capital raising transaction or as a market maker or promoter of that entity’s securities) to the Company or one of its Affiliates.

 An advisor or consultant may be selected as an Eligible Person pursuant to clause (c) above only if such
person’s participation in this Plan would not adversely affect (1) the Company’s eligibility to rely on an exemption from registration under the Securities Act for the offering of shares issuable under this Plan by the Company, such
as under Rule 701, or (2) the Company’s compliance with any other applicable laws. 
 An Eligible Person may, but need
not, be granted one or more Awards pursuant to Section 5 and/or one or more Awards pursuant to Section 6. An Eligible Person who has been granted an Award under this Plan may, if otherwise eligible, be granted additional Awards under this
Plan if the Administrator so determines. However, a person’s status as an Eligible Person is not a commitment that any Award will be granted to that person under this Plan. Furthermore, an Eligible Person who has been granted an Award under
Section 5 is not necessarily entitled to an Award under Section 6, or vice versa, unless otherwise expressly determined by the Administrator. 
 Each Award granted under this Plan must be approved by the Administrator at or prior to the grant of the Award. 
  

	4.	SHARES SUBJECT TO THE PLAN. 

  

	 	4.1	Shares Available. Subject to the provisions of Section 7.3.1, the shares that may be delivered under this Plan will be the Company’s
authorized but unissued Ordinary Shares. The Ordinary Shares issued and delivered may be issued and delivered for any lawful consideration. 

  

	 	4.2	Share Limits. Subject to the provisions of Section 7.3.1 and further subject to the share counting rules of Section 4.3, the maximum
number of Ordinary Shares that may be delivered pursuant to Awards granted under this Plan will not exceed Eleven Million Six Hundred Forty Thousand (11,640,000) shares (the “Share Limit”) in the aggregate.* As required under U.S. Treasury Regulation
Section 1.422-2(b)(3)(i), in no event will the number of Ordinary Shares that may be delivered pursuant to Incentive Stock Options granted under this Plan exceed the Share Limit. 

 

	 	4.3	Replenishment and Reissue of Unvested Awards. To the extent that an Award is settled in cash or a form other than Ordinary Shares, the shares that
would have been delivered had there been no such cash or other settlement shall not be counted against the shares available for issuance under this Plan. No Award may 

 

	* 	 Award grants (including the number of shares subject to Awards granted) must be structured to satisfy the requirements of Rule 701 promulgated under
the Securities Act and applicable “blue sky” laws. 

  
 4 

	 	
be granted under this Plan unless, on the date of grant, the sum of (a) the maximum number of Ordinary Shares issuable at any time pursuant to such Award, plus (b) the number of
Ordinary Shares that have previously been issued pursuant to Awards granted under this Plan, plus (c) the maximum number of Ordinary Shares that may be issued at any time after such date of grant pursuant to Awards that are outstanding on such
date, does not exceed the Share Limit. Notwithstanding the foregoing, Ordinary Shares that are subject to or underlie Options granted under this Plan that expire or for any reason are canceled or terminated without having been exercised (or Ordinary
Shares subject to or underlying the unexercised portion of such Options in the case of Options that were partially exercised), as well as Ordinary Shares that are subject to Share Awards made under this Plan that are forfeited to the Company or
otherwise repurchased by the Company prior to the vesting of such shares for a price not greater than the original purchase or issue price of such shares (as adjusted pursuant to Section 7.3.1) will again, except to the extent prohibited by law
or applicable listing or regulatory requirements (and subject to any applicable limitations of the Code in the case of Awards intended to be Incentive Stock Options), be available for subsequent Award grants under this Plan. Shares that are
exchanged by a Participant or withheld by the Company as full or partial payment in connection with any Award under this Plan, as well as any shares exchanged by a Participant or withheld by the Company or one of its Affiliates to satisfy the tax
withholding obligations related to any Award, shall be available for subsequent awards under this Plan. 

  

	 	4.4	Reservation of Shares. The Company shall at all times reserve a number of Ordinary Shares sufficient to cover the Company’s obligations and
contingent obligations to deliver shares with respect to Awards then outstanding under this Plan. 

  

	5.	OPTION GRANT PROGRAM. 

  

	 	5.1	Option Grants in General. Each Option shall be evidenced by an Award Agreement in the form approved by the Administrator. The Award Agreement
evidencing an Option shall contain the terms established by the Administrator for that Option, as well as any other terms, provisions or restrictions that the Administrator may impose on the Option or any Ordinary Shares subject to the Option; in
each case subject to the applicable provisions and limitations of this Section 5 and the other applicable provisions and limitations of this Plan. The Administrator may require that the recipient of an Option promptly execute and return to the
Company his or her Award Agreement evidencing the Option. In addition, the Administrator may require that the spouse of any married recipient of an Option also promptly execute and return to the Company the Award Agreement evidencing the Option
granted to the recipient or such other spousal consent form that the Administrator may require in connection with the grant of the Option. 

  
 5 

	 	5.2	Types of Options. The Administrator will designate each Option granted under this Plan to a U.S. resident as either an Incentive Stock Option or a
Nonqualified Option, and such designation shall be set forth in the applicable Award Agreement. Any Option granted under this Plan to a U.S. resident that is not expressly designated in the applicable Award Agreement as an Incentive Stock Option
will be deemed to be designated a Nonqualified Option under this Plan and not an “incentive stock option” within the meaning of Section 422 of the Code. Incentive Stock Options shall be subject to the provisions of Section 5.5 in
addition to the provisions of this Plan applicable to Options generally. The Administrator may, in its discretion, designate any Option as an Early Exercise Option pursuant to Section 5.9. Notwithstanding the above provision of this
Section 5.2, the Administrator may designate any Option granted under this Plan to a non-U.S. resident in accordance with the rules and regulations applicable to options in the jurisdiction in which such person is a resident. The Administrator
may, in its discretion, designate any Option as an Early Exercise Option pursuant to Section 5.9. 

  

	 	5.3	Option Price. 

  

	 	5.3.1	Pricing Limits. Subject to the following provisions of this Section 5.3.1, the Administrator will determine the purchase price per share of the
Ordinary Shares covered by each Option (the “exercise price” of the Option) at the time of the grant of the Option, which exercise price will be set forth in the applicable Award Agreement. In no case will the exercise price of an Option
be less than the greater of: 

  

	 	(a)	the par value of the Ordinary Shares; 

  

	 	(b)	in the case of an Incentive Stock Option and subject to clause (c) below, or as otherwise required by applicable law, 100% of the Fair Market Value of the Ordinary
Shares on the date of grant; or 

  

	 	(c)	in the case of an Incentive Stock Option granted to a Participant described in Section 5.6, 110% of the Fair Market Value of the Ordinary Shares on the date of
grant. 

  

	 	5.3.2	Payment Provisions. The Company will not be obligated to deliver certificates for the Ordinary Shares to be purchased on exercise of an Option unless and
until it receives full payment of the exercise price therefor, all related withholding obligations under Section 7.6 have been satisfied and all other conditions to the exercise of the Option set forth herein or in the Award Agreement have been
satisfied. The purchase price of any Ordinary Shares purchased on exercise of an Option must be paid in full at the time of each purchase in such lawful consideration as may be permitted or required by the Administrator, which may include, without
limitation, one or a combination of the following methods: 

  

	 	(a)	cash, check payable to the order of the Company or electronic funds transfer; 

  
 6 

	 	(b)	notice and third party payment in such manner as may be authorized by the Administrator; 

 

	 	(c)	the delivery of previously owned Ordinary Shares; 

  

	 	(d)	by a reduction in the number of Ordinary Shares otherwise deliverable pursuant to the Award; 

 

	 	(e)	subject to such procedures as the Administrator may adopt, pursuant to a “cashless exercise;” or 

 

	 	(f)	if authorized by the Administrator or specified in the applicable Award Agreement, by a promissory note of the Participant consistent with the requirements of
Section 5.3.3. 

 In no event shall any shares newly-issued by the Company be issued for less than the
minimum lawful consideration for such shares or for consideration other than consideration permitted by applicable law. In the event that the Administrator allows a Participant to exercise an Award by delivering Ordinary Shares previously owned by
such Participant and unless otherwise expressly provided by the Administrator, any shares delivered which were initially acquired by the Participant from the Company (upon exercise of an option or otherwise) must have been owned by the Participant
for at least six months as of the date of delivery or such other period, if any, as the Administrator prescribes based on accounting or other applicable rules then in effect. Ordinary Shares used to satisfy the exercise price of an Option (whether
previously-owned shares or shares otherwise deliverable pursuant to the terms of the Option) shall be valued at their Fair Market Value on the date of exercise. Unless otherwise expressly provided in the applicable Award Agreement, the Administrator
may eliminate or limit a Participant’s ability to pay the purchase or exercise price of any Award by any method other than cash payment to the Company. The Administrator may take all actions necessary to alter the method of Option exercise and
the exchange and transmittal of proceeds with respect to Participants resident in the People’s Republic of China (the “PRC”) not having permanent residence in a country other than the PRC in order to comply with applicable PRC
foreign exchange and tax regulations and any other applicable PRC laws and regulations. 

  
 7 

	 	5.3.3	Acceptance of Notes to Finance Exercise. The Company may, with the Administrator’s approval in each specific case, accept one or more promissory
notes from any Eligible Person in connection with the exercise of any Option; provided that any such note shall be subject to the following terms and conditions: 

 

	 	(a)	The principal of the note shall not exceed the amount required to be paid to the Company upon the exercise, purchase or acquisition of one or more Awards under this
Plan and the note shall be delivered directly to the Company in consideration of such exercise, purchase or acquisition. 

  

	 	(b)	The initial term of the note shall be determined by the Administrator; provided that the term of the note, including extensions, shall not exceed a period of five
years. 

  

	 	(c)	The note shall provide for full recourse to the Participant and shall bear interest at a rate determined by the Administrator, but not less than the interest rate
necessary to avoid the imputation of interest under the Code and to avoid any adverse accounting consequences in connection with the exercise, purchase or acquisition. 

 

	 	(d)	If the employment or services of the Participant by or to the Company and its Affiliates terminates, the unpaid principal balance of the note shall become due and
payable on the 30th business day after such termination; provided, however, that if a sale of the shares acquired on exercise of the Option would cause such Participant to incur liability under Section 16(b) of the Exchange Act,
the unpaid balance shall become due and payable on the 10th business day after the first day on which a sale of such shares could have been made without incurring such liability assuming for these purposes that there are no other transactions (or
deemed transactions) in securities of the Company by the Participant subsequent to such termination. 

  

	 	(e)	If required by the Administrator or by applicable law, the note shall be secured by a pledge of any shares or rights financed thereby or other collateral, in compliance
with applicable law. 

 The terms, repayment provisions and collateral release provisions of the note and the
pledge securing the note shall conform with all applicable rules and regulations, including those of the Federal Reserve Board of the United States and any applicable law, as then in effect. 

 

	 	5.4	Vesting; Term; Exercise Procedure. 

  

	 	5.4.1	 Vesting. Except as provided in Section 5.9, an Option may be exercised only to the extent that it is vested and exercisable. The
Administrator will determine the vesting and/or exercisability provisions of each Option (which may be based on performance criteria, passage of time or other factors or any combination thereof), which provisions will be set forth in

  
 8 

	 	
the applicable Award Agreement. Unless the Administrator otherwise expressly provides, once exercisable an Option will remain exercisable until the expiration or earlier termination of the
Option. To the extent required to satisfy applicable securities laws and subject to Section 5.7, no Option (except an Option granted to an officer, director, or consultant of the Company or any of its Affiliates) shall vest and become
exercisable at a rate of less than 20% per year over five years after the date the Option is granted. 

  

	 	5.4.2	Term. Each Option shall expire not more than ten (10) years after its date of grant. Each Option will be subject to earlier termination as provided
in or pursuant to Sections 5.7 and 7.3. Any payment of cash or delivery of shares in payment of or pursuant to an Option may be delayed until a future date if specifically authorized by the Administrator in writing and by the Participant.

  

	 	5.4.3	Exercise Procedure. Any exercisable Option will be deemed to be exercised when the Company receives written notice of such exercise from the Participant
(on a form and in such manner as may be required by the Administrator), together with any required payment made in accordance with Section 5.3 and Section 7.6 and any written statement required pursuant to Section 7.5.1.

  

	 	5.4.4	Fractional Shares/Minimum Issue. Fractional share interests will be disregarded, but may be accumulated. The Administrator, however, may determine that
cash, other securities or other property will be paid or transferred in lieu of any fractional share interests. No fewer than one hundred (100) shares (subject to adjustment pursuant to Section 7.3.1) may be purchased on exercise of any
Option at one time unless the number purchased is the total number at the time available for purchase under the Option. 

  

	 	5.5	Limitations on Grant and Terms of Incentive Stock Options. 

 

	 	5.5.1	U.S. $100,000 Limit. To the extent that the aggregate Fair Market Value of shares with respect to which incentive stock options first become exercisable
by a Participant in any calendar year exceeds U.S. $100,000, taking into account both Ordinary Shares subject to Incentive Stock Options under this Plan and shares subject to incentive stock options under all other plans of the Company or any of its
Affiliates, such options will be treated as nonqualified options. For this purpose, the Fair Market Value of the shares subject to options will be determined as of the date the options were awarded. In reducing the number of options treated as
incentive stock options to meet the U.S. $100,000 limit, the most recently granted options will be reduced (recharacterized as nonqualified options) first. To the extent a reduction of simultaneously granted options is necessary to meet the U.S.
$100,000 limit, the Administrator may, in the manner and to the extent permitted by law, designate which Ordinary Shares are to be treated as shares acquired pursuant to the exercise of an incentive stock option. 

  
 9 

	 	5.5.2	Other Code Limits. Incentive Stock Options may only be granted to individuals that are employees of the Company or one of its Affiliates and satisfy the
other eligibility requirements of the Code. Any Award Agreement relating to Incentive Stock Options will contain or shall be deemed to contain such other terms and conditions as from time to time are required in order that the Option be an
“incentive stock option” as that term is defined in Section 422 of the Code. 

  

	 	5.5.3	ISO Notice of Sale Requirement. Any Participant who exercises an Incentive Stock Option shall give prompt written notice to the Company of any sale or
other transfer of the Ordinary Shares acquired on such exercise if the sale or other transfer occurs within (a) one year after the exercise date of the Option or (b) two years after the grant date of the Option. 

 

	 	5.6	Limits on 10% Holders. No Incentive Stock Option may be granted to any person who, at the time the Incentive Stock Option is granted, owns (or is
deemed to own under Section 424(d) of the Code) outstanding shares of the Company (or any of its Affiliates) possessing more than 10% of the total combined voting power of all classes of shares of the Company (or any of its Affiliates), unless
the exercise price of such Incentive Stock Option is at least 110% of the Fair Market Value of the shares subject to the Incentive Stock Option and such Incentive Stock Option by its terms is not exercisable after the expiration of five years from
the date such Incentive Stock Option is granted. 

  

	 	5.7	Effects of Termination of Employment on Options. 

  

	 	5.7.1	Dismissal for Cause. Unless otherwise provided in the Award Agreement and subject to earlier termination pursuant to or as contemplated by
Sections 5.4.2 or 7.3, if a Participant’s employment by or service to the Company or any of its Affiliates is terminated by such entity for Cause, the Participant’s Option will terminate on the Participant’s Severance Date,
whether or not the Option is then vested and/or exercisable. 

  

	 	5.7.2	Death or Disability. Unless otherwise provided in the Award Agreement (consistent with applicable securities laws) and subject to earlier termination
pursuant to or as contemplated by Sections 5.4.2 or 7.3, if a Participant’s employment by or service to the Company or any of its Affiliates terminates as a result of the Participant’s death or Total Disability:

  
 10 

	 	(a)	the Participant (or his or her Personal Representative or Beneficiary, in the case of the Participant’s Total Disability or death, respectively), will have until
the date that is twelve (12) months after the Participant’s Severance Date to exercise the Participant’s Option (or portion thereof) to the extent that it was vested and exercisable on the Severance Date; 

 

	 	(b)	the Option, to the extent not vested and exercisable on the Participant’s Severance Date, shall terminate on the Severance Date; and 

 

	 	(c)	the Option, to the extent exercisable for the twelve (12)-month period following the Participant’s Severance Date and not exercised during such period, shall
terminate at the close of business on the last day of the twelve (12)-month period. 

  

	 	5.7.3	Other Terminations of Employment. Unless otherwise provided in the Award Agreement (consistent with applicable securities laws) and subject to earlier
termination pursuant to or as contemplated by Sections 5.4.2 or 7.3, if a Participant’s employment by or service to the Company or any of its Affiliates terminates for any reason other than a termination by such entity for Cause or because
of the Participant’s death or Total Disability: 

  

	 	(a)	the Participant will have until the date that is ninety (90) days after the Participant’s Severance Date to exercise his or her Option (or portion thereof) to
the extent that it was vested and exercisable on the Severance Date; 

  

	 	(b)	the Option, to the extent not vested and exercisable on the Participant’s Severance Date, shall terminate on the Severance Date; and 

 

	 	(c)	the Option, to the extent exercisable for the ninety (90)-day period following the Participant’s Severance Date and not exercised during such period, shall
terminate at the close of business on the last day of the ninety (90)-day period. 

  

	 	5.8	Option Repricing/Cancellation and Regrant/Waiver of Restrictions. Subject to Section 4 and Section 7.7 and the specific limitations on
Options contained in this Plan, the Administrator from time to time may authorize, generally or in specific cases only, for the benefit of any Eligible Person, any adjustment in the exercise price, the vesting schedule, the number of shares subject
to, or the term of, an Option granted under this Plan by cancellation of an outstanding Option and a subsequent regranting of the Option, by amendment, by substitution of an outstanding Option, by waiver or by other legally valid means. Such
amendment or other action may result in, among other changes, an exercise price that is higher or lower than the exercise price of the original or prior Option, provide for a greater or lesser number of Ordinary Shares subject to the Option, or
provide for a longer or shorter vesting or exercise period. 

  
 11 

	 	5.9	Early Exercise Options. The Administrator may, in its discretion, designate any Option as an Early Exercise Option which, by express provision in
the applicable Award Agreement, may be exercised prior to the date such Option has vested. If the Participant elects to exercise all or a portion of an Early Exercise Option before it is vested, the Ordinary Shares acquired under the Option which
are attributable to the unvested portion of the Option shall be Restricted Shares. The applicable Award Agreement will specify the extent (if any) to which and the time (if ever) at which the Participant will be entitled to dividends, voting and
other rights in respect of such Restricted Shares prior to vesting, and the restrictions imposed on such shares and the conditions of release or lapse of such restrictions. Unless otherwise expressly provided in the applicable Award Agreement, such
Restricted Shares shall be subject to the provisions of Sections 6.6 through 6.9, below. 

  

	6.	SHARE AWARD PROGRAM. 

  

	 	6.1	Share Awards in General. Each Share Award shall be evidenced by an Award Agreement in the form approved by the Administrator. The Award Agreement
evidencing a Share Award shall contain the terms established by the Administrator for that Share Award, as well as any other terms, provisions or restrictions that the Administrator may impose on the Share Award; in each case subject to the
applicable provisions and limitations of this Section 6 and the other applicable provisions and limitations of this Plan. The Administrator may require that the recipient of a Share Award promptly execute and return to the Company his or her
Award Agreement evidencing the Share Award. In addition, the Administrator may require that the spouse of any married recipient of a Share Award also promptly execute and return to the Company the Award Agreement evidencing the Share Award granted
to the recipient or such other spousal consent form that the Administrator may require in connection with the grant of the Share Award. 

  

	 	6.2	Types of Share Awards. The Administrator shall designate whether a Share Award shall be a Restricted Share Award, and such designation shall be set
forth in the applicable Award Agreement. 

  

	 	6.3	Purchase Price. 

  

	 	6.3.1	Pricing Limits. Subject to the following provisions of this Section 6.3, the Administrator will determine the purchase price per share of the
Ordinary Shares covered by each Share Award at the time of grant of the Award. In no case will such purchase price be less than the greater of: 

  

	 	(a)	the par value of the Ordinary Shares; 

  

	 	(b)	eighty five percent (85%) of the Fair Market Value of the Ordinary Shares on the date of grant or at the time the purchase is consummated; or

  
 12 

	 	(c)	one hundred percent (100%) of the Fair Market Value of the Ordinary Shares on the date of grant, or at the time the purchase is consummated, in the case of any
person who owns shares possessing more than ten percent (10%) of the total combined voting power of all classes of shares of the Company or one of its Affiliates. 

 

	 	6.3.2	Payment Provisions. The Company will not be obligated to record in the Company’s register of members, or issue certificates evidencing, Ordinary
Shares awarded under this Section 6 unless and until it receives full payment of the purchase price therefor and all other conditions to the purchase, as determined by the Administrator, have been satisfied, at which point the relevant shares
shall be issued and noted in the Company’s register of members. The purchase price of any shares subject to a Share Award must be paid in full at the time of the purchase in such lawful consideration as may be permitted or required by the
Administrator, which may include, without limitation, one or a combination of the methods set forth in clauses (a) through (f) in Section 5.3.2 and/or past services rendered to the Company or any of its Affiliates.

  

	 	6.4	Vesting. The restrictions imposed on the Ordinary Shares subject to a Restricted Share Award (which may be based on performance criteria, passage
of time or other factors or any combination thereof) will be set forth in the applicable Award Agreement. To the extent required to satisfy applicable securities laws, the restrictions imposed on the Ordinary Shares subject to a Restricted Share
Award (other than an Award granted to an officer, director or consultant of the Company or any of its Affiliates, which may include more restrictive provisions) shall lapse as to such shares, subject to Section 6.8, at a rate of at least twenty
percent (20%) of the shares subject to the Award per year over the five years after the date the Award is granted. 

  

	 	6.5	Term. A Share Award shall either vest or be forfeited or terminated by the Company not more than ten (10) years after the date of grant. Each
Share Award will be subject to earlier forfeiture or termination as provided in or pursuant to Sections 6.8 and 7.3. Any payment of cash or delivery of shares in payment for a Share Award may be delayed until a future date if specifically
authorized by the Administrator in writing and by the Participant. 

  

	 	6.6	Share Certificates; Fractional Shares. Share certificates evidencing Restricted Shares will bear a legend making appropriate reference to the
restrictions imposed hereunder and will be held by the Company or by a third party designated by the Administrator until the restrictions on such shares have lapsed, the shares have vested in accordance with the provisions of the Award Agreement and
Section 6.4 and any related loan has been repaid. Fractional share interests will be disregarded, but may be accumulated. The Administrator, however, may determine that cash, other securities or other property will be paid or transferred in
lieu of any fractional share interests. 

  
 13 

	 	6.7	Dividend and Voting Rights. Unless otherwise provided in the applicable Award Agreement, a Participant holding Restricted Shares will be entitled
to cash dividend and voting rights for all Restricted Shares issued even though they are not vested, but such rights will terminate immediately as to any Restricted Shares which are repurchased, terminated or forfeited by the Company or cease to be
eligible for vesting. 

  

	 	6.8	Termination of Employment; Return to the Company. Unless the Administrator otherwise expressly provides, Restricted Shares subject to an Award that
remain subject to vesting conditions that have not been satisfied by the time specified in the applicable Award Agreement (which may include, without limitation, the Participant’s Severance Date), will not vest and will be reacquired by the
Company in such manner and on such terms as the Administrator provides, which terms shall include return or repayment of the lower of (a) the Fair Market Value of the Restricted Shares at the time of the termination, or (b) the original
purchase price of the Restricted Shares, without interest, to the Participant to the extent not prohibited by law. The Award Agreement shall specify any other terms or conditions of the repurchase if the Award fails to vest. Any other Share Award
that has not been exercised as of a Participant’s Severance Date shall be forfeited or terminated on that date unless otherwise expressly provided by the Administrator in the applicable Award Agreement. 

 

	 	6.9	Waiver of Restrictions. Subject to Sections 4 and 7.7 and the specific limitations on Share Awards contained in this Plan, the Administrator
from time to time may authorize, generally or in specific cases only, for the benefit of any Eligible Person, any adjustment in the vesting schedule, or the restrictions upon or the term of, a Share Award granted under this Plan by amendment, by
substitution of an outstanding Share Award, by waiver or by other legally valid means. 

  

	7.	PROVISIONS APPLICABLE TO ALL AWARDS. 

  

	 	7.1	Rights of Eligible Persons, Participants and Beneficiaries. 

 

	 	7.1.1	Employment Status. No person shall have any claim or rights to be granted an Award (or additional Awards, as the case may be) under this Plan, subject to
any express contractual rights (set forth in a document other than this Plan) to the contrary. 

  

	 	7.1.2	 No Employment/Service Contract. Nothing contained in this Plan (or in any other documents under this Plan or related to any Award) shall
confer upon any Eligible Person or Participant any right to continue in the employ or other service of the Company or any of its Affiliates, constitute any contract or agreement of employment or other service or affect an employee’s status as
an employee at will, nor shall interfere in any way 

  
 14 

	 	
with the right of the Company or any Affiliate to change such person’s compensation or other benefits, or to terminate his or her employment or other service, with or without cause at any
time. Nothing in this Section 7.1.2, or in Sections 7.3 or 7.15, however, is intended to adversely affect any express independent right of such person under a separate employment or service contract. An Award Agreement shall not constitute
a contract of employment or service. 

  

	 	7.1.3	Plan Not Funded. Awards payable under this Plan will be payable in Ordinary Shares or from the general assets of the Company, and (except as to the share
reservation provided in Section 4.4) no special or separate reserve, fund or deposit will be made to assure payment of such Awards. No Participant, Beneficiary or other person will have any right, title or interest in any fund or in any
specific asset (including Ordinary Shares, except as expressly provided) of the Company or any of its Affiliates by reason of any Award hereunder. Neither the provisions of this Plan (or of any related documents), nor the creation or adoption of
this Plan, nor any action taken pursuant to the provisions of this Plan will create, or be construed to create, a trust of any kind or a fiduciary relationship between the Company or any of its Affiliates and any Participant, Beneficiary or other
person. To the extent that a Participant, Beneficiary or other person acquires a right to receive payment pursuant to any Award hereunder, such right will be no greater than the right of any unsecured general creditor of the Company.

  

	 	7.1.4	Charter Documents. The Memorandum and Articles of Association of the Company, as may lawfully be amended from time to time, may provide for additional
restrictions and limitations with respect to the Ordinary Shares (including additional restrictions and limitations on the voting or transfer of Ordinary Shares) or priorities, rights and preferences as to securities and interests prior in rights to
the Ordinary Shares. To the extent that these restrictions and limitations are greater than those set forth in this Plan or any Award Agreement, such restrictions and limitations shall apply to any Ordinary Shares acquired pursuant to the exercise
of Awards and are incorporated herein by this reference. 

  

	 	7.2	No Transferability; Limited Exception to Transfer Restrictions. 

 

	 	7.2.1	Limit on Exercise and Transfer. Unless otherwise expressly provided in (or pursuant to) this Section 7.2, by applicable law and by the Award
Agreement, as the same may be amended: 

  

	 	(a)	all Awards are non-transferable and will not be subject in any manner to sale, transfer, anticipation, alienation, assignment, pledge, encumbrance or charge;

  

	 	(b)	Awards will be exercised only by the Participant; and 

  
 15 

	 	(c)	amounts payable or shares issuable pursuant to an Award will be delivered only to (or for the account of), and, in the case of Ordinary Shares, registered in the name
of, the Participant. 

 In addition, the shares shall be subject to the restrictions set forth in the applicable
Award Agreement. 
  

	 	7.2.2	Further Exceptions to Limits On Transfer. The exercise and transfer restrictions in Section 7.2.1 will not apply to: 

 

	 	(a)	transfers to the Company; 

  

	 	(b)	transfers by gift or domestic relations order to one or more “family members” (as that term is defined in SEC Rule 701 promulgated under the Securities Act)
of the Participant; 

  

	 	(c)	the designation of a Beneficiary to receive benefits if the Participant dies or, if the Participant has died, transfers to or exercises by the Participant’s
Beneficiary, or, in the absence of a validly designated Beneficiary, transfers by will or the laws of descent and distribution; or 

  

	 	(d)	if the Participant has suffered a disability, permitted transfers or exercises on behalf of the Participant by the Participant’s duly authorized legal
representative. 

 Notwithstanding anything else in this Section 7.2.2 to the contrary, but subject to
compliance with all applicable laws, unless otherwise determined by the Administrator, Incentive Stock Options and Restricted Share Awards will be subject to any and all transfer restrictions under the Code applicable to such awards or necessary to
maintain the intended tax consequences of such Awards. Notwithstanding clause (b) above but subject to compliance with all applicable laws, any contemplated transfer by gift or domestic relations order to one or more “family members”
of a Participant as referenced in clause (b) above is subject to the condition precedent that the transfer be approved by the Administrator in order for it to be effective. The Administrator may, in its sole discretion, withhold its approval of
any such proposed transfer. 
  

	 	7.2.3	Company’s Call Right. The Company shall have the right (but not the obligation) to repurchase in one or more transactions in connection with the
Participant’s termination of employment by or services to the Company or any of its Affiliates, and the Participant (or any permitted transferee) shall be obligated to sell any of the shares acquired in accordance with Sections 5 and 6 of
this Plan at the Repurchase Price (the “Call Right”). If the Company elects to exercise its Call Right, the Participant shall be notified within ninety (90) days after the Participant’s termination of employment by or
services to the Company or any of its Affiliates. The Company may designate and assign one or more employees, officers or shareholders of the Company or other persons to exercise all or a part of the Company’s Call Rights under this
Section 7.2.3. 

  
 16 

	 	7.3	Adjustments; Changes in Control. 

  

	 	7.3.1	Adjustments. Upon or in contemplation of any reclassification, recapitalization, share split (including a share split in the form of a share dividend) or
reverse share split (“share split”); any merger, amalgamation, combination, consolidation or other reorganization; any split-up, spin-off, or similar extraordinary dividend distribution in respect of the Ordinary Shares (whether in the
form of securities or property); any exchange of Ordinary Shares or other securities of the Company, or any similar, unusual or extraordinary corporate transaction in respect of the Ordinary Shares; or a sale of all or substantially all the assets
of the Company as an entirety; then the Administrator shall, in such manner, to such extent (if any) and at such time as it deems appropriate and equitable in the circumstances: 

 

	 	(a)	proportionately adjust any or all of (1) the number of Ordinary Shares or the number and type of other securities that thereafter may be made the subject of Awards
(including the specific share limits, maxima and numbers of shares set forth elsewhere in this Plan), (2) the number, amount and type of Ordinary Shares (or other securities or property) subject to any or all outstanding Awards, (3) the
grant, purchase or exercise price of any or all outstanding Awards or (4) the securities, cash or other property deliverable upon exercise or vesting of any outstanding Awards, or 

 

	 	(b)	make provision for a settlement by a cash payment or for the assumption, substitution or exchange of any or all outstanding Awards (or the cash, securities or other
property deliverable to the holder(s) of any or all outstanding Awards) based upon the distribution or consideration payable to holders of the Ordinary Shares upon or in respect of such event. 

The Administrator may adopt such valuation methodologies for outstanding Awards as it deems reasonable in the event of a cash, securities
or other property settlement. In the case of Options, but without limitation on other methodologies, the Administrator may base such settlement solely upon the excess (if any) of the amount payable upon or in respect of such event over the exercise
price of the Option to the extent of the then vested and exercisable shares subject to the Option. 
 The Administrator may make
adjustments to and/or accelerate the exercisability of Options in a manner that disqualifies the Options as Incentive Stock Options without the written consent of the Option holders affected thereby. 

  
 17 

 In any of such events, the Administrator may take such action prior to such event to the
extent that the Administrator deems the action necessary to permit the Participant to realize the benefits intended to be conveyed with respect to the underlying shares in the same manner as is or will be available to shareholders generally.

 Any adjustment by the Administrator pursuant to this Section 7.3.1 shall be final, binding and conclusive. Unless
otherwise expressly provided by the Administrator, in no event shall a conversion of one or more outstanding shares of the Company’s preferred shares (if any) or any new issuance of securities by the Company for consideration be deemed, in and
of itself, to require an adjustment pursuant to this Section 7.3.1. 
 In the case of any event described in the first
paragraph of this Section 7.3.1, if no action is formally taken by the Administrator in the circumstances with respect to then outstanding Awards, the proportionate adjustments contemplated by clause (a) above shall nevertheless be deemed
to have been made with respect to the Awards outstanding at the time of such event in order to preserve the intended level of incentives. 
  

	 	7.3.2	Consequences of a Change in Control Event. Subject to Sections 7.3.4 through 7.3.6, upon (or, as may be necessary to effectuate the purposes of this
acceleration, immediately prior to) the occurrence of a Change in Control Event: 

  

	 	(a)	each Option will become immediately vested and exercisable, and 

  

	 	(b)	Restricted Shares will immediately vest free of forfeiture restrictions and/or restrictions giving the Company the right to repurchase the shares at their original
purchase price; 

 provided, however, that such acceleration provision shall not apply, unless
otherwise expressly provided by the Administrator, with respect to any Award to the extent that the Administrator has made a provision for the substitution, assumption, exchange or other continuation or settlement of the Award, or the Award would
otherwise continue in accordance with its terms, in the circumstances. 
 The foregoing Change in Control Event provisions shall
not in any way limit the authority of the Administrator to accelerate the vesting of one or more Awards (as to all or only a portion of any Award) in such circumstances (including, but not limited to, a Change in Control Event) as the Administrator
may determine to be appropriate, regardless of whether accelerated vesting of all or a portion of the Award(s) is otherwise required or contemplated by the foregoing in the circumstances. 

  
 18 

	 	7.3.3	Early Termination of Awards. Upon the occurrence of a Change in Control Event, each then-outstanding Award (whether or not vested and/or exercisable, but
after giving effect to any accelerated vesting required in the circumstances pursuant to Sections 7.3.2, 7.3.4, 7.3.5 and 7.3.6) shall terminate, subject to any provision that has been expressly made by the Administrator, through a plan of
reorganization or otherwise, for the survival, substitution, assumption, exchange or other continuation or settlement of such Award and provided that, in the case of Options that will not survive or be substituted for, assumed, exchanged or
otherwise continued or settled in the Change in Control Event, the holder of such Award shall be given reasonable advance notice of the impending termination and a reasonable opportunity to exercise his or her outstanding and vested Options (the
vested portion of such Options determined after giving effect to any accelerated vesting required in the circumstances pursuant to Sections 7.3.2, 7.3.4, 7.3.5 and 7.3.6) in accordance with their terms before the termination of the Awards
(except that in no case shall more than ten (10) days’ notice of accelerated vesting and the impending termination be required and any acceleration may be made contingent upon the actual occurrence of the event). For purposes of this
Sections 7.3, an Award shall be deemed to have been “assumed” if (without limiting other circumstances in which an Award is assumed) the Award continues after the Change in Control Event, and/or is assumed and continued by a Parent
(as such term is defined in the definition of Change in Control Event) following a Change in Control Event, and confers the right to purchase or receive, as applicable and subject to vesting and the other terms and conditions of the Award, for each
Ordinary Share subject to the Award immediately prior to the Change in Control Event, the consideration (whether cash, shares or other securities or property) received in the Change in Control Event by the shareholders of the Company for each
Ordinary Share sold or exchanged in such transaction (or the consideration received by a majority of the shareholders participating in such transaction if the shareholders were offered a choice of consideration); provided, however,
that if the consideration offered for an Ordinary Share in the transaction is not solely the ordinary or common shares of a successor company or a Parent, the Board may provide for the consideration to be received upon exercise or payment of the
Award, for each share subject to the Award, to be solely ordinary or common shares (as applicable) of the successor company or a Parent equal in Fair Market Value to the per share consideration received by the shareholders participating in the
Change in Control Event. 

  

	 	7.3.4	 Other Acceleration Rules. Any acceleration of Awards pursuant to this Section 7.3 shall comply with applicable legal requirements
and, if necessary to accomplish the purposes of the acceleration or if the circumstances require, may be deemed by the Administrator to occur a limited period of time not greater than thirty (30) days before the event that triggered such
acceleration. Without limiting the generality of the 

  
 19 

	 	
foregoing, the Administrator may deem an acceleration to occur immediately prior to the applicable event and/or reinstate the original terms of an Award if an event giving rise to an acceleration
does not occur. The Administrator may override the provisions of this Section 7.3 as to any Award by express provision in the applicable Award Agreement and may accord any Participant a right to refuse any acceleration, whether pursuant to the
Award Agreement or otherwise, in such circumstances as the Administrator may approve. The portion of any Incentive Stock Option accelerated in connection with a Change in Control Event or any other action permitted hereunder shall remain exercisable
as an Incentive Stock Option only to the extent the applicable U.S. $100,000 limitation on Incentive Stock Options is not exceeded. To the extent exceeded, the accelerated portion of the Option shall be exercisable as a Nonqualified Option.

  

	 	7.3.5	Possible Rescission of Acceleration. If the vesting of an Award has been accelerated expressly in anticipation of an event or upon shareholder approval of
an event and the Administrator later determines that the event will not occur, the Administrator may rescind the effect of the acceleration as to any then outstanding and unexercised or otherwise unvested Awards. 

 

	 	7.3.6	Golden Parachute Limitation. Notwithstanding anything else contained in this Section 7.3 to the contrary, in no event shall an Award be accelerated
under this Section 7.3 to an extent or in a manner which would not be fully deductible by the Company or one of its Affiliates for federal income tax purposes because of Section 280G of the Code, nor shall any payment hereunder be
accelerated to the extent any portion of such accelerated payment would not be deductible by the Company or one of its Affiliates because of Section 280G of the Code. If a holder of an Award would be entitled to benefits or payments hereunder
and under any other plan or program that would constitute “parachute payments” as defined in Section 280G of the Code, then the holder may by written notice to the Company designate the order in which such parachute payments will be
reduced or modified so that the Company or one of its Affiliates is not denied federal income tax deductions for any “parachute payments” because of Section 280G of the Code. Notwithstanding the foregoing, if a Participant is a party
to an employment or other agreement with the Company or one of its Affiliates, or is a participant in a severance program sponsored by the Company or one of its Affiliates that contains express provisions regarding Section 280G and/or
Section 4999 of the Code (or any similar successor provision), the Section 280G and/or Section 4999 provisions of such employment or other agreement or plan, as applicable, shall control as to any Awards held by that Participant (for
example, and without limitation, a Participant may be a party to an employment agreement with the Company or one of its Affiliates that provides for a “gross-up” as opposed to a “cut-back” in the event that the Section 280G
thresholds are reached or exceeded in connection with a change in control and, in such event, the Section 280G and/or Section 4999 provisions of such employment agreement shall control as to any Awards held by that Participant).

  
 20 

	 	7.4	Termination of Employment or Services. 

  

	 	7.4.1	Events Not Deemed a Termination of Employment. Unless the Administrator otherwise expressly provides with respect to a particular Award, if a
Participant’s employment by or service to the Company or an Affiliate terminates but immediately thereafter the Participant continues in the employ of or service to another Affiliate or the Company, as applicable, the Participant shall be
deemed to have not had a termination of employment or service for purposes of this Plan and the Participant’s Awards. Unless the express policy of the Company or the Administrator otherwise provides, a Participant’s employment relationship
with the Company or any of its Affiliates shall not be considered terminated solely due to any sick leave, military leave or any other leave of absence authorized by the Company or any Affiliate or the Administrator; provided that, unless
reemployment upon the expiration of such leave is guaranteed by contract or law, such leave is for a period of not more than ninety (90) days. In the case of any Participant on an approved leave of absence, continued vesting of the Award while
on leave from the employ of or service with the Company or any of its Affiliates will be suspended until the Participant returns to service, unless the Administrator otherwise provides or applicable law otherwise requires. In no event shall an Award
be exercised after the expiration of the term of the Award set forth in the Award Agreement. 

  

	 	7.4.2	Effect of Change of Affiliate Status. For purposes of this Plan and any Award, if an entity ceases to be an Affiliate, a termination of employment or
service will be deemed to have occurred with respect to each Eligible Person in respect of such Affiliate who does not continue as an Eligible Person in respect of another Affiliate that continues as such after giving effect to the transaction or
other event giving rise to the change in status. 

  

	 	7.4.3	Administrator Discretion. Notwithstanding the provisions of Sections 5.7 or 6.8, in the event of, or in anticipation of, a termination of employment
or service with the Company or any of its Affiliates for any reason, the Administrator may accelerate the vesting and exercisability of all or a portion of the Participant’s Award, and/or, subject to the provisions of Sections 5.4.2 and
7.3, extend the exercisability period of the Participant’s Option upon such terms as the Administrator determines and expressly sets forth in or by amendment to the Award Agreement. 

  
 21 

	 	7.4.4	Termination of Consulting or Affiliate Services. If the Participant is an Eligible Person solely by reason of clause (c) of Section 3, the
Administrator shall be the sole judge of whether the Participant continues to render services to the Company or any of its Affiliates, unless a written contract or the Award Agreement otherwise provides. If, in these circumstances, the Company or
any Affiliate notifies the Participant in writing that a termination of the Participant’s services to the Company or any Affiliate has occurred for purposes of this Plan, then (unless the contract or the Award Agreement otherwise expressly
provides), the Participant’s termination of services with the Company or Affiliate for purposes of this Plan shall be the date which is ten (10) days after the mailing of the notice by the Company or Affiliate or, in the case of a
termination for Cause, the date of the mailing of the notice. 

  

	 	7.5	Compliance with Laws. 

  

	 	7.5.1	General. This Plan, the granting and vesting of Awards under this Plan, and the offer, issuance and delivery of Ordinary Shares, the acceptance of
promissory notes and/or the payment of money under this Plan or under Awards are subject to compliance with all applicable federal and state laws, applicable foreign laws, rules and regulations (including but not limited to state and federal
securities laws, and federal margin requirements) and to such approvals by any listing, regulatory or governmental authority as may, in the opinion of counsel for the Company, be necessary or advisable in connection therewith. The person acquiring
any securities under this Plan will, if requested by the Company, provide such assurances and representations to the Company as the Administrator may deem necessary or desirable to assure compliance with all applicable legal and accounting
requirements. 

  

	 	7.5.2	Compliance with Securities Laws. No Participant shall sell, pledge or otherwise transfer Ordinary Shares acquired pursuant to an Award or any interest in
such shares except in accordance with the express terms of this Plan and the applicable Award Agreement. Any attempted transfer in violation of this Section 7.5 shall be void and of no effect. Without in any way limiting the provisions set
forth above, no Participant shall make any disposition of all or any portion of the Ordinary Shares acquired or to be acquired pursuant to an Award, except in compliance with all applicable securities laws and unless and until:

  

	 	(a)	there is then in effect a registration statement under the Securities Act covering such proposed disposition and such disposition is made in accordance with such
registration statement; 

  

	 	(b)	such disposition is made in accordance with Rule 144 under the Securities Act; or 

  
 22 

	 	(c)	such Participant notifies the Company of the proposed disposition and furnishes the Company with a statement of the circumstances surrounding the proposed disposition,
and, if requested by the Company, furnishes to the Company an opinion of counsel acceptable to the Company’s counsel, that such disposition will not require registration under the Securities Act and will be in compliance with all applicable
securities laws. 

 Notwithstanding anything else herein to the contrary, neither the Company or any Affiliate has
any obligation to register the Ordinary Shares or file any registration statement under either federal or state securities laws, nor does the Company or any Affiliate make any representation concerning the likelihood of a public offering of the
Ordinary Shares or any other securities of the Company or any Affiliate. 
  

	 	7.5.3	Share Legends. All certificates evidencing Ordinary Shares issued or delivered under this Plan shall bear the following legends and/or any other
appropriate or required legends under applicable laws: 

 “OWNERSHIP OF THIS CERTIFICATE, THE SHARES
EVIDENCED BY THIS CERTIFICATE AND ANY INTEREST THEREIN ARE SUBJECT TO SUBSTANTIAL RESTRICTIONS ON TRANSFER UNDER APPLICABLE LAW AND UNDER AGREEMENTS WITH THE COMPANY, INCLUDING RESTRICTIONS ON SALE, ASSIGNMENT, TRANSFER, PLEDGE OR OTHER
DISPOSITION.” 
 “THE SHARES ARE SUBJECT TO THE COMPANY’S RIGHT OF FIRST REFUSAL AND CALL RIGHTS TO REPURCHASE
THE SHARES UNDER THE COMPANY’S SHARE INCENTIVE PLAN AND AGREEMENTS WITH THE COMPANY THEREUNDER, COPIES OF WHICH ARE AVAILABLE FOR REVIEW AT THE OFFICE OF THE SECRETARY OF THE COMPANY.” 

“THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(“ACT”), NOR HAVE THEY BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE. NO TRANSFER OF SUCH SECURITIES WILL BE PERMITTED UNLESS A REGISTRATION STATEMENT UNDER THE ACT IS IN EFFECT AS TO SUCH TRANSFER, THE TRANSFER IS
MADE IN ACCORDANCE WITH RULE 144 UNDER THE ACT, OR IN THE OPINION OF COUNSEL TO THE COMPANY, REGISTRATION UNDER THE ACT IS UNNECESSARY IN ORDER FOR SUCH TRANSFER TO COMPLY WITH THE ACT AND WITH APPLICABLE STATE SECURITIES LAWS.” 

 

	 	7.5.4	Delivery of Financial Statements. The Company shall deliver annually to Participants such financial statements of the Company, if any, as may be required
to satisfy applicable securities laws. 

  
 23 

	 	7.5.5	Confidential information. Any financial or other information relating to the Company obtained by Participants in connection with or as a result of this
Plan or their Awards shall be treated as confidential. 

  

	 	7.6	Tax Withholding. 

  

	 	7.6.1	Tax Withholding. Upon any exercise, vesting or payment of any Award or upon the disposition of Ordinary Shares acquired pursuant to the exercise of an
fucentive Stock Option prior to satisfaction of the holding period requirements of Section 422 of the Code, the Company or any of its Affiliates shall have the right at its option to: 

 

	 	(a)	require the Participant (or the Participant’s Personal Representative or Beneficiary, as the case may be) to pay or provide for payment of at least the minimum
amount of any taxes which the Company or Affiliate may be required to withhold with respect to such Award event or payment; 

  

	 	(b)	deduct from any amount otherwise payable (in respect of an Award or otherwise) in cash to the Participant (or the Participant’s Personal Representative or
Beneficiary, as the case may be) the minimum amount of any taxes which the Company or Affiliate may be required to withhold with respect to such Award event or payment; or 

 

	 	(c)	reduce the number of Ordinary Shares to be delivered by (or otherwise reacquire shares held by the Participant at least six (6) months) the appropriate number of
Ordinary Shares, valued at their then Fair Market Value, to satisfy the minimum withholding obligation. 

 In any
case where a tax is required to be withheld (including taxes under PRC law where applicable) in connection with the issuance, delivery or disposition of Ordinary Shares under this Plan, the Administrator may in its sole discretion (subject to
Section 7.5) grant (either at the time of the Award or thereafter) to the Participant the right to elect, pursuant to such rules and subject to such conditions as the Administrator may establish, to have the Company reduce the number of shares
to be delivered by (or otherwise reacquire) the appropriate number of shares, valued in a consistent manner at their Fair Market Value or at the sales price in accordance with authorized procedures for cashless exercises, necessary to satisfy the
minimum applicable withholding obligation on exercise, vesting or payment. In no event shall the shares withheld exceed the minimum whole number of shares required for tax withholding under applicable law. The Company may, with the
Administrator’s approval, accept one or more promissory notes from any Eligible Person in connection with taxes required to be withheld upon the exercise, vesting or payment of any Award under this Plan; provided that any such note shall be
subject to terms and conditions established by the Administrator and the requirements of applicable law. 

  
 24 

	 	7.6.2	Tax Loans. If so provided in the Award Agreement or otherwise authorized by the Administrator, the Company may, to the extent permitted by law, authorize
a loan to an Eligible Person in the amount of any taxes that the Company or any of its Affiliates may be required to withhold with respect to Ordinary Shares received (or disposed of, as the case may be) pursuant to a transaction described in
Section 7.6.1. Such a loan will be for a term and at a rate of interest and pursuant to such other terms and conditions as the Company may establish, subject to compliance with applicable law. Such a loan need not otherwise comply with the
provisions of Section 5.3.3. 

  

	 	7.7	Plan and Award Amendments, Termination and Suspension. 

 

	 	7.7.1	Board Authorization. The Board may, at any time, terminate or, from time to time, amend, modify or suspend this Plan, in whole or in part. No Awards may
be granted during any period that the Board suspends this Plan. 

  

	 	7.7.2	Shareholder Approval. To the extent then required by applicable law or any applicable listing agency or required under Sections 162, 409A, 422 or 424
of the Code to preserve the intended tax consequences of this Plan, or deemed necessary or advisable by the Board, any amendment to this Plan shall be subject to shareholder approval. 

 

	 	7.7.3	Amendments to Awards. Without limiting any other express authority of the Administrator under (but subject to) the express limits of this Plan, the
Administrator by agreement or resolution may waive conditions of or limitations on Awards to Participants that the Administrator in the prior exercise of its discretion has imposed, without the consent of a Participant, and (subject to the
requirements of Sections 2.2 and 7.7.4) may make other changes to the terms and conditions of Awards. 

  

	 	7.7.4	Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or amendment of any outstanding Award Agreement shall,
without written consent of the Participant, affect in any manner materially adverse to the Participant any rights or benefits of the Participant or obligations of the Company under any Award granted under this Plan prior to the effective date of
such change. Changes, settlements and other actions contemplated by Section 7.3 shall not be deemed to constitute changes or amendments for purposes of this Section 7.7. 

  
 25 

	 	7.8	Privileges of Share Ownership. Except as otherwise expressly authorized by the Administrator or this Plan or in the Award Agreement, a Participant
will not be entitled to any privilege of share ownership as to any Ordinary Shares not actually delivered to and held of record by the Participant. No adjustment will be made for dividends or other rights as a shareholder for which a record date is
prior to such date of delivery. 

  

	 	7.9	Share-Based Awards in Substitution for Awards Granted by Other Company. Awards may be granted to Eligible Persons in substitution for or in
connection with an assumption of employee share options, share appreciation rights, restricted shares or other share-based awards granted by other entities to persons who are or who will become Eligible Persons in respect of the Company or one of
its Affiliates, in connection with a distribution, merger, amalgamation or other reorganization by or with the granting entity or an affiliated entity, or the acquisition by the Company or one of its Affiliates, directly or indirectly, of all or a
substantial part of the shares or assets of the employing entity. The Awards so granted need not comply with other specific terms of this Plan, provided the Awards reflect only adjustments giving effect to the assumption or substitution consistent
with the conversion applicable to the Ordinary Shares in the transaction and any change in the issuer of the security. Any shares that are delivered and any Awards that are granted by, or become obligations of, the Company, as a result of the
assumption by the Company of, or in substitution for, outstanding awards previously granted by an acquired company (or previously granted by a predecessor employer (or direct or indirect parent thereof) in the case of persons that become employed by
the Company or one of its Affiliates in connection with a business or asset acquisition or similar transaction) shall not be counted against the Share Limit or other limits on the number of shares available for issuance under this Plan.

  

	 	7.10	Effective Date of the Plan. This Plan is effective upon the Effective Date, subject to approval by the shareholders of the Company within
twelve (12) months after the date the Board approves this Plan. 

  

	 	7.11	 Term of the Plan. Unless earlier terminated by the Board, this Plan will terminate at the close of business on the day before the
10th anniversary of the Effective Date. After the
termination of this Plan either upon such stated expiration date or its earlier termination by the Board, no additional Awards may be granted under this Plan, but previously granted Awards (and the authority of the Administrator with respect
thereto, including the authority to amend such Awards) shall remain outstanding in accordance with their applicable terms and conditions and the terms and conditions of this Plan. 

 

	 	7.12	Governing Law/Severability. 

  

	 	7.12.1	Choice of Law. This Plan, the Awards, all documents evidencing Awards and all other related documents will be governed by, and construed in accordance
with, the laws of the Cayman Islands. 

  
 26 

	 	7.12.2	Severability. If it is determined that any provision of this Plan or an Award Agreement is invalid and unenforceable, the remaining provisions of this
Plan and/or the Award Agreement, as applicable, will continue in effect provided that the essential economic terms of this Plan and the Award can still be enforced. 

 

	 	7.13	Captions. Captions and headings are given to the sections and subsections of this Plan solely as a convenience to facilitate reference. Such
headings will not be deemed in any way material or relevant to the construction or interpretation of this Plan or any provision thereof. 

  

	 	7.14	Non-Exclusivity of Plan. Nothing in this Plan will limit or be deemed to limit the authority of the Board or the Administrator to grant awards or
authorize any other compensation, with or without reference to the Ordinary Shares, under any other plan or authority. 

  

	 	7.15	No Restriction on Corporate Powers. The existence of this Plan, the Award Agreements and the Awards granted hereunder, shall not limit, affect or
restrict in any way the right or power of the Board or the shareholders of the Company to make or authorize: (a) any adjustment, recapitalization, reorganization or other change in the Company’s or any Affiliate’s capital structure or
its business; (b) any merger, amalgamation, consolidation or change in the ownership of the Company or any Affiliate; (c) any issue of bonds, debentures, capital, preferred or prior preference shares ahead of or affecting the
Company’s authorized shares or the rights thereof; (d) any dissolution or liquidation of the Company or any Affiliate; (e) any sale or transfer of all or any part of the Company or any Affiliate’s assets or business; or
(f) any other corporate act or proceeding by the Company or any Affiliate. No Participant, Beneficiary or any other person shall have any claim under any Award or Award Agreement against any member of the Board or the Administrator, or the
Company or any employees, officers or agents of the Company or any Affiliate, as a result of any such action. 

  

	 	7.16	Other Company Compensation or Benefit Programs. Payments and other benefits received by a Participant under an Award made pursuant to this Plan
shall not be deemed a part of a Participant’s compensation for purposes of the determination of benefits under any other employee welfare or benefit plans or arrangements, if any, provided by the Company or any Affiliate, except where the
Administrator or the Board expressly otherwise provides or authorizes in writing. Awards under this Plan may be made in addition to, in combination with, as alternatives to or in payment of grants, awards or commitments under any other plans or
arrangements of the Company or any Affiliate. 

  

	8.	DEFINITIONS. 

“Administrator” has the meaning given to such term in Section 2.1. 

  
 27 

 “Affiliate” means (a) any entity (other than the Company) in an
unbroken chain of entities ending with the Company if, at the time of the determination, each of the entities other than the Company owns securities possessing fifty percent (50%) or more of the total combined voting power of all classes of
securities in one of the other entities in such chain, or (b) any entity (other than the Company) in an unbroken chain of entities beginning with the Company if, at the time of the determination, each of the entities other than the last entity
in the unbroken chain owns securities possessing fifty percent (50%) or more of the total combined voting power of all classes of securities in one of the other entities in such chain. 

“Award” means an award of any Option or Share Award, or any combination thereof, whether alternative or cumulative,
authorized by and granted under this Plan. 
 “Award Agreement” means any writing, approved by the
Administrator, setting forth the terms of an Award that has been duly authorized and approved. 
 “Award Date”
means the date upon which the Administrator took the action granting an Award or such later date as the Administrator designates as the Award Date at the time of the grant of the Award. 

“Beneficiary” means the person, persons, trust or trusts designated by a Participant, or, in the absence of a
designation, entitled by will or the laws of descent and distribution, to receive the benefits specified in the Award Agreement and under this Plan if the Participant dies, and means the Participant’s executor or administrator if no other
Beneficiary is designated and able to act under the circumstances. 
 “Board” means the Board of Directors of
the Company. 
 “Cause” with respect to a Participant means (unless otherwise expressly provided in the
applicable Award Agreement, or another applicable contract with the Participant that defines such term for purposes of determining the effect that a “for cause” termination has on the Participant’s options and/or share awards) a
termination of employment or service based upon a finding by the Company or any of its Affiliates, acting in good faith and based on its reasonable belief at the time, that the Participant: 

 

	 	(a)	has been negligent in the discharge of his or her duties to the Company or any Affiliate, has refused to perform stated or assigned duties or is incompetent in or
(other than by reason of a disability or analogous condition) incapable of performing those duties; 

  

	 	(b)	has been dishonest or committed or engaged in an act of theft, embezzlement or fraud, a breach of confidentiality, an unauthorized disclosure or use of inside
information, customer lists, trade secrets or other confidential information; 

  

	 	(c)	has breached a fiduciary duty, or willfully and materially violated any other duty, law, rule, regulation or policy of the Company or any of its Affiliates; or has been
convicted of, or plead guilty or nolo contendere to, a felony or misdemeanor (other than minor traffic violations or similar offenses); 

  
 28 

	 	(d)	has materially breached any of the provisions of any agreement with the Company or any of its Affiliates; 

 

	 	(e)	has engaged in unfair competition with, or otherwise acted intentionally in a manner injurious to the reputation, business or assets of, the Company or any of its
Affiliates; or 

  

	 	(f)	has improperly induced a vendor or customer to break or terminate any contract with the Company or any of its Affiliates or induced a principal for whom the Company or
any Affiliate acts as agent to terminate such agency relationship. 

 A termination for Cause shall be deemed to
occur (subject to reinstatement upon a contrary final determination by the Administrator) on the date on which the Company or any Affiliate first delivers written notice to the Participant of a finding of termination for Cause. 

“Change in Control Event” means any of the following: 

 

	 	(a)	Approval by shareholders of the Company (or, if no shareholder approval is required, by the Board alone) of the complete dissolution or liquidation of the Company,
other than in the context of a Business Combination that does not constitute a Change in Control Event under paragraph (c) below; 

  

	 	(b)	The acquisition by any individual, entity or group (within the meaning of Sections 13(d)(3) or 14(d)(2) of the Exchange Act (a “Person”)) of beneficial
ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of either (1) the then outstanding Ordinary Shares of the Company (the “Outstanding Company Ordinary Shares”) or (2) the
combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that, for
purposes of this paragraph (b), the following acquisitions shall not constitute a Change in Control Event; (A) any acquisition directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any employee benefit
plan (or related trust) sponsored or maintained by the Company or any Affiliate or a successor, (D) any acquisition by any entity pursuant to a Business Combination, (E) any acquisition by a Person described in and satisfying the
conditions of Rule 13d-l (b) promulgated under the Exchange Act, or (F) any acquisition by a Person who is the beneficial owner (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of the Outstanding Company
Ordinary Shares and/or the Outstanding Company Voting Securities on the Effective Date (or an affiliate, heir, descendant, or related party of or to such Person); 

 

	 	(c)	 Consummation of a reorganization, amalgamation, merger, statutory share exchange or consolidation or similar corporate transaction involving the
Company or any other entity a majority of whose outstanding voting shares or voting power is beneficially owned directly or indirectly by the Company (a “Subsidiary”), a

  
 29 

	 	
sale or other disposition of all or substantially all of the assets of the Company, or the acquisition of assets or shares of another entity by the Company or any of its Subsidiaries (each, a
“Business Combination”), in each case unless, following such Business Combination, (1) all or substantially all of the individuals and entities that were the beneficial owners of the Outstanding Company Ordinary Shares and the
Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of the then outstanding ordinary or common shares and the combined voting power of the then outstanding
voting securities entitled to vote generally in the election of directors, as the case may be, of the entity resulting from such Business Combination (including, without limitation, an entity that, as a result of such transaction, owns the Company
or all or substantially all of the Company’s assets directly or through one or more subsidiaries (a “Parent”)), and (2) no Person (excluding any individual or entity described in clauses (C), (E) or (F) of
paragraph (b) above) beneficially owns (within the meaning of Rule 13d-3 promulgated under the Exchange Act), directly or indirectly, more than 50% of, respectively, the then outstanding ordinary shares of the entity resulting from such
Business Combination or the combined voting power of the then outstanding voting securities of such entity, except to the extent that the ownership in excess of 50% existed prior to the Business Combination; 

provided, however, that a transaction shall not constitute a Change in Control Event if it is in connection with the underwritten public offering of the
Company’s securities. 
 “Code” means the Internal Revenue Code of 1986 of the United States, as amended
from time to time. 
 “Company” means Montage Technology Group Limited, an exempted company organized under the
Companies Law (2004 Revision) of the Cayman Islands, and its successors. 
 “Early Exercise Option” shall mean
an Option eligible for exercise prior to vesting in accordance with the provisions of Section 5.9 of this Plan. An Early Exercise Option may be a Nonqualified Option or an Incentive Stock Option, as designated by the Administrator in the
applicable Award Agreement. 
 “Effective Date” means the date the Board approved this Plan. 

“Eligible Person” has the meaning given to such term in Section 3 of this Plan. 

“Exchange Act” means the Securities Exchange Act of 1934 of the United States, as amended from time to time. 

  
 30 

 “Fair Market Value,” for purposes of this Plan and unless otherwise
determined or provided by the Administrator in the circumstances, means as follows: 
  

	 	(a)	If the Ordinary Shares are listed or admitted to trade on the New York Stock Exchange or other national securities exchange (the “Exchange”), the Fair Market
Value shall equal the closing price of an Ordinary Share as reported on the composite tape for securities on the Exchange for the date in question, or, if no sales of Ordinary Shares were made on the Exchange on that date, the closing price of an
Ordinary Share as reported on said composite tape for the next preceding day on which sales of Ordinary Shares were made on the Exchange. The Administrator may, however, provide with respect to one or more Awards that the Fair Market Value shall
equal the last closing price of an Ordinary Share as reported on the composite tape for securities listed on the Exchange available on the date in question or the average of the high and low trading prices of an Ordinary Share as reported on the
composite tape for securities listed on the Exchange for the date in question or the most recent trading day. 

  

	 	(b)	If the Ordinary Shares are not listed or admitted to trade on the a national securities exchange, the Fair Market Value shall equal the last price of an Ordinary Share
as furnished by the National Association of Securities Dealers, Inc. (the “NASD”) through the NASDAQ National Market Reporting System (the “National Market”) for the date in question, or, if no sales of Ordinary
Shares were reported by the NASD through the National Market on that date, the last price of an Ordinary Share as furnished by the NASD through the National Market for the next preceding day on which sales of Ordinary Shares were reported by the
NASD. The Administrator may, however, provide with respect to one or more Awards that the Fair Market Value shall equal the last closing price of an Ordinary Share as furnished by the NASD through the National Market available on the date in
question or the average of the high and low trading prices of an Ordinary Share as furnished by the NASD through the National Market for the date in question or the most recent trading day. 

 

	 	(c)	If the Ordinary Shares are not listed or admitted to trade on a national securities exchange and is not reported on the National Market Reporting System, the Fair
Market Value shall equal the mean between the bid and asked price for an Ordinary Share on such date, as furnished by the NASD or a similar organization. 

  

	 	(d)	If the Ordinary Shares are not listed or admitted to trade on a national securities exchange, are not reported on the National Market Reporting System and if bid and
asked prices for the shares are not furnished by the NASD or a similar organization, the Fair Market Value shall be the value as reasonably determined by the Administrator for purposes of the Award in the circumstances. 

The Administrator also may adopt a different methodology for determining Fair Market Value with respect to one or more Awards if a
different methodology is necessary or advisable to secure any intended favorable tax, legal or other treatment for the particular Award(s) (for example, and without limitation, the Administrator may provide that Fair Market Value for purposes of one
or more Awards will be based on an average of closing prices (or the average of high and low daily trading prices) for a specified period preceding the relevant date). 

  
 31 

 Any determination as to Fair Market Value made pursuant to this Plan shall be determined
without regard to any restriction other than a restriction which, by its terms, will never lapse, and shall be conclusive and binding on all persons with respect to Awards granted under this Plan. 

“Incentive Stock Option” means an Option that is designated and intended as an “incentive stock option” within
the meaning of Section 422 of the Code, the award of which contains such provisions (including but not limited to the receipt of shareholder approval of this Plan, if the award is made prior to such approval) and is made under such
circumstances and to such persons as may be necessary to comply with that section. 
 “Nonqualified Option”
means an Option that is not an “incentive stock option” within the meaning of Section 422 of the Code and includes any Option designated or intended as a Nonqualified Option and any Option designated or intended as an Incentive Stock
Option that fails to meet the applicable legal requirements thereof. 
 “Option” means an option to purchase
Ordinary Shares granted under Section 5 of this Plan. The Administrator will designate any Option granted to an employee of the Company or an Affiliate as a Nonqualified Option or an Incentive Stock Option and may also designate any Option as
an Early Exercise Option. 
 “Ordinary Shares” means the Company’s Ordinary Shares, par value U.S. $0.005
per share, and such other securities or property as may become the subject of Awards, or become subject to Awards, pursuant to an adjustment made under Section 7.3.1 of this Plan. 

“Participant” means an Eligible Person who has been granted and holds an Award under this Plan. 

“Personal Representative” means the person or persons who, upon the disability or incompetence of a Participant, has
acquired on behalf of the Participant, by legal proceeding or otherwise, the power to exercise the rights or receive benefits under this Plan by virtue of having become the legal representative of the Participant. 

“Plan” means this Montage Technology Group Limited 2006 Share Incentive Plan, as it may hereafter be amended from time to
time. 
 “Pub1ic Offering Date” means the date the Ordinary Shares are first registered under the Exchange Act
or a similar statute in a jurisdiction other than the United States and listed or quoted on a recognized national securities exchange or in the NASDAQ National Market Quotation System. 

“Repurchase Price” means, (i) in the event of the repurchase of Restricted Shares, the lesser of (a) the price
paid by the Participant to acquire such Restricted Shares or (b) the Fair Market Value of such Restricted Shares determined as of the exercise date of the Call Right, or (ii) in the event of the repurchase of shares other than Restricted
Shares, the Fair Market Value of such shares determined as of the exercise date of the Call Right. 

  
 32 

 “Restricted Shares” means Ordinary Shares awarded to a Participant under
this Plan, subject to payment of such consideration and such conditions on vesting (which may include, among others, the passage of time, specified performance objectives or other factors) and such transfer and other restrictions as are established
in or pursuant to this Plan and the related Award Agreement, to the extent such remain unvested and restricted under the terms of the applicable Award Agreement. 
 “Restricted Share Award” means an award of Restricted Shares. 

“Securities Act” means the Securities Act of 1933 of the United States, as amended from time to time. 

“Severance Date” with respect to a particular Participant means, unless otherwise provided in the applicable Award
Agreement: 
  

	 	(a)	if the Participant is an Eligible Person under clause (a) of Section 3 and the Participant’s employment by the Company or any of its Affiliates
terminates (regardless of the reason), the last day that the Participant is actually employed by the Company or such Affiliate (unless, immediately following such termination of employment, the Participant is a member of the Board or, by express
written agreement with the Company or any of its Affiliates, continues to provide other services to the Company or any Affiliate as an Eligible Person under clause (c) of Section 3, in which case the Participant’s Severance Date shall
not be the date of such termination of employment but shall be determined in accordance with clause (b) or (c) below, as applicable, in connection with the termination of the Participant’s other services); 

 

	 	(b)	if the Participant is not an Eligible Person under clause (a) of Section 3 but is an Eligible Person under clause (b) thereof, and the Participant ceases
to be a member of the Board (regardless of the reason), the last day that the Participant is actually a member of the Board (unless, immediately following such termination, the Participant is an employee of the Company or any of its Affiliates or,
by express written agreement with the Company or any of its Affiliates, continues to provide other services to the Company or any Affiliate as an Eligible Person under clause (c) of Section 3, in which case the Participant’s Severance
Date shall not be the date of such termination but shall be determined in accordance with clause (a) above or (c) below, as applicable, in connection with the termination of the Participant’s employment or other services);

  

	 	(c)	if the Participant is not an Eligible Person under clause (a) or clause (b) of Section 3 but is an Eligible Person under clause (c) thereof, and the
Participant ceases to provide services to the Company or any of its Affiliates as determined in accordance with Section 7.4.4 (regardless of the reason), the last day that the Participant actually provides services to the Company or such
Affiliate as an Eligible Person under clause (c) of Section 3 (unless, immediately following such termination, the Participant is an employee of the Company or any of its Affiliates or is a member of the Board, in which case the
Participant’s Severance Date shall not be the date of such termination of services but shall be determined in accordance with clause (a) or (b) above, as applicable, in connection with the termination of the Participant’s
employment or membership on the Board). 

  
 33 

 “Share Award” means an award of Ordinary Shares under Section 6 of
this Plan. A Share Award may be a Restricted Share Award or an award of unrestricted Ordinary Shares. 
 “Total
Disability” means a “total and permanent disability” within the meaning of Section 22(e)(3) of the Code and, with respect to Awards other than Incentive Stock Options, such other disabilities, infirmities, afflictions or
conditions as the Administrator may include. 

  
 34 

 EXHIBIT A 

MONTAGE TECHNOLOGY GROUP LIMITED 
 2006 SHARE INCENTIVE PLAN 
 OPTION EXERCISE AND ORDINARY SHARE

 PURCHASE AGREEMENT 
 (VESTED PORTION OF OPTION) 
 The undersigned (the
“Purchaser”) hereby irrevocably elects to exercise his/her right, evidenced by that certain Early Exercise Option Agreement, dated as of              (the
“Option Agreement”), under the Montage Technology Group Limited 2006 Share Incentive Plan (the “Plan”), as follows: 
  

	 	•	 	 the Purchaser hereby irrevocably elects to purchase              Ordinary Shares,
par value U.S.$0.005 per share (the “Shares”), of Montage Technology Group Limited, an exempted company organized under the Companies Law (2004 Revision) of the Cayman Islands (the “Company”), and

  

	 	•	 	 such purchase shall be at the price of U.S. $             per share, for an
aggregate amount of U.S. $             (subject to applicable withholding taxes pursuant to Section 7.6.1 of the Plan). 

Capitalized terms are defined in the Plan if not defined herein. 

 

					
	 1. Delivery of Share Certificate. The Purchaser requests that a certificate representing the Shares be registered to Purchaser
and

	delivered to: 	 	 
	 	 	 	 	.

 2. Investment Representations. The Purchaser acknowledges that the sale of the Shares by the
Purchaser is restricted by Securities and Exchange Commission Rule 701. The Purchaser hereby affirms as made as of the date hereof the representations in Section 6 of the “Terms and Conditions of Early Exercise Option” (which are
attached to and a part of the Option Agreement, the “Terms”) and such representations are incorporated herein by this reference. The Purchaser represents that he/she has no need for liquidity in this investment, has the ability to
bear the economic risk of this investment, and can afford a complete loss of the purchase price for the Shares. 
 The Purchaser
acknowledges receipt of the Company’s condensed consolidated financial information. 
 The Purchaser also understands and
acknowledges (a) that the certificates representing the Shares will be legended as provided for in Section 7.5.3 of the Plan, and (b) that the Company has no obligation to register the Shares or file any registration statement under
applicable securities laws. 

  
 1 

 3. Limitation on Disposition and Other Restrictions. The Shares are subject to and
the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: 
  

	 	•	 	 any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and with all applicable laws as set
forth in Section 7.5 of the Plan; 

  

	 	•	 	 the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be
bound by, the lock-up provisions set forth in Section 7 of the Terms, the Company’s call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the
foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 of the Terms; and 

  

	 	•	 	 as a condition to any otherwise permitted transfer of the Shares, the Company may require the transferee to execute a written agreement, in a form
acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares. 

 4. Plan and Option Agreement. The Purchaser acknowledges that all of his/her rights are subject to, and the Purchaser agrees to be bound by, all of the terms and conditions of the Plan and the
Option Agreement (including the Terms), both of which are incorporated herein by this reference. If a conflict or inconsistency between the terms and conditions of this Option Exercise and Ordinary Share Purchase Agreement and of the Plan or the
Option Agreement shall arise, the terms and conditions of the Plan and/or the Option Agreement shall govern. The Purchaser acknowledges receipt of a copy of all documents referenced herein (including the Terms and a disclosure statement) and
acknowledges reading and understanding these documents and having an opportunity to ask any questions that he/she may have had about them. Any controversy or claim arising out of or relating to this Option Exercise and Ordinary Share Purchase
Agreement shall be submitted to arbitration in accordance with Section 15.3 of the Terms, and Cayman Islands law shall apply as provided in Section 15.1 of the Terms. 

5. Entire Agreement. This Option Exercise and Ordinary Share Purchase Agreement, the Option Agreement (including the Terms), and
the Plan together constitute the entire agreement and supersede all prior understandings and agreements, written or oral, of the parties hereto with respect to the subject matter hereof. The Plan, the Option Agreement and this Option Exercise and
Ordinary Share Purchase Agreement may be amended pursuant to Section 7.7 of the Plan. Such amendment must be in writing and signed by the Company. The Company may, however, unilaterally waive any provision hereof or of the Option Agreement in
writing to the extent such waiver does not adversely affect the interests of the Purchaser hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or a waiver of any other provision hereof.

  
 2 

 6. Notice of Sale of ISO Shares. If the Shares are being acquired upon exercise of an
Option intended to qualify as an Incentive Stock Option, the Purchaser agrees that, upon any sale or other transfer of the Shares within either one (1) year of the date that they are acquired by the Purchaser or two (2) years after the
Award Date set forth in the Option Agreement, the Purchaser shall provide the notice required under Section 5.5.3 of the Plan. 
  

							
	“PURCHASER”	 		 	ACCEPTED BY:
		 		 	MONTAGE TECHNOLOGY GROUP
	Signature	 		 	LIMITED,
		 		 	an exempted company organized under the
		 		 	Companies Law (2004 Revision) of the
	Print Name	 		 	Cayman Islands
			
		 		 	
	Date	 		 	By:	 	 
				
		 		 	Its:	 	 
		 		 		 	
		 		 	(To be completed by the Company after the price (including applicable withholding taxes), value (if applicable) and receipt of funds is
verified.)

  
 3 

 EXHIBIT B 

MONTAGE TECHNOLOGY GROUP LIMITED 
 2006 SHARE INCENTIVE PLAN 
 OPTION EXERCISE AND ORDINARY SHARE PURCHASE
AGREEMENT 
 (UNVESTED PORTION OF OPTION) 
 The undersigned (the “Purchaser”) hereby irrevocably elects to exercise his/her right, evidenced by that certain Early Exercise Option Agreement, dated as of
             (the “Option Agreement”), under the Montage Technology Group Limited 2006 Share Incentive Plan (the “Plan”), as follows: 

 

	 	•	 	 the Purchaser hereby irrevocably elects to purchase              Ordinary Shares,
par value U.S. $0.005 per share (the “Shares”), of Montage Technology Group Limited, an exempted company organized under the Companies Law (2004 Revision) of the Cayman Islands (the “Company”), and

  

	 	•	 	 such purchase shall be at the price of U.S. $             per share, for an
aggregate amount of U.S. $             (subject to applicable withholding taxes pursuant to Section 7.6.1 of the Plan). 

Capitalized terms are defined in the Plan if not defined herein. 

1. Investment Representations. The Purchaser acknowledges that the sale of the Shares by the Purchaser is restricted by SEC Rule
701. The Purchaser hereby affirms as made as of the date hereof the representations in Section 6 of the “Terms and Conditions of Early Exercise Option” (which are attached to and a part of the Option Agreement, the
“Terms”) and such representations are incorporated herein by this reference. The Purchaser represents that he/she has no need for liquidity in this investment, has the ability to bear the economic risk of this investment, and can
afford a complete loss of the purchase price for the Shares. 
 The Purchaser acknowledges receipt of the Company’s
condensed consolidated financial information. 
 The Purchaser also understands and acknowledges (a) that the certificates
representing the Shares will be legended as provided for in Section 7.5.3 of the Plan, (b) that, in addition to such legends, the certificates representing the Shares will bear a legend making appropriate reference to the restrictions
imposed hereunder, and (c) that the Company has no obligation to register the Shares or file any registration statement under applicable securities laws. 
 2. Vesting. The Shares are being acquired prior to the time that they have become vested in accordance with the terms of the Option Agreement. Accordingly, the Shares are subject to the
Company’s repurchase right set forth in Section 5 below and other restrictions set forth herein. The Shares shall vest, and the Company’s repurchase right under Section 5 shall lapse, as of the date(s) that the Option would have
otherwise become vested as to such Shares. 

  
 1 

 
The maximum number of Shares that may vest on any occasion or event shall not exceed the number of shares that would have otherwise vested on such date under the Option Agreement had the
underlying option not been exercised early to acquire the Shares. No additional Shares shall vest after the Purchaser’s Severance Date. 
 3. Delivery of Shares. 
  

	 	•	 	 Form. The Company shall, in its discretion, issue the Shares either: (1) in certificate form as provided in clause (b) below; or
(2) if the Ordinary Shares are then publicly-traded, in book entry form, registered in the name of the Purchaser with notations regarding the applicable restrictions on transfer imposed under this Agreement. 

 

	 	•	 	 Certificates to be Held by Company; Legend. Any certificates representing the Shares that may be delivered to the Purchaser by the Company prior
to vesting of the Shares pursuant to Section 2 shall be redelivered to the Company to be held by the Company or its designee until the shares represented thereby vest pursuant to Section 2 or are repurchased pursuant to Section 5.

  

	 	•	 	 Delivery of Certificates Upon Vesting. Promptly after the vesting of any Shares pursuant to Section 2, the Company shall, as applicable,
either remove the notations on any such vested Shares issued in book entry form or deliver to the Purchaser a certificate or certificates evidencing the number of such vested Shares (or, in either case, such lesser number of shares as may be
permitted pursuant to the tax withholding provisions referred to in Section 7.6.1). The Purchaser (or the Purchaser’s Beneficiary or Personal Representative in the event of the Purchaser’s death or incapacity, as the case may be)
shall deliver to the Company any representations or other documents or assurances as the Company may deem necessary or reasonably desirable to ensure compliance with all applicable legal and regulatory requirements. The Shares so delivered shall no
longer be subject to the Company’s repurchase right under Section 5, but such Shares shall continue to be subject to the other restrictions set forth herein, in the Option Agreement and in the Plan. 

 

	 	•	 	 Share Power; Power of Attorney. Concurrent with the execution and delivery of this Agreement, the Purchaser shall deliver to the Company an
executed share power in the form attached hereto as Exhibit 1, in blank, with respect to the Shares and any related Restricted Property (as defined below). The Purchaser, by acceptance of the Award, shall be deemed to appoint, and does so appoint by
execution of this Agreement, the Company and each of its authorized representatives as the Purchaser’s attorney(s)-in-fact to (1) effect any transfer to the Company (or other purchaser, as the case may be) of the Shares acquired pursuant
to this Agreement (including any related Restricted Property) that are repurchased by the Company (or other permitted purchaser), and (2) execute such documents as the Company or such representatives deem necessary or advisable in connection
with any such transfer. 

  

	 	•	 	 Share Legend Generally. The certificate(s) representing the Shares (both before and after such shares shall have become vested pursuant
to Section 2) shall bear the legend set forth in Section 7.5.3 of the Plan and/or any other appropriate or required legends under applicable laws. Such legends shall remain on the certificate(s) representing the Restricted Shares until the
later of (1) the Public Offering Date (or such later date that counsel to the 

  
 2 

	 	 
Company may reasonably determine is advisable to help ensure the Company’s compliance with all applicable legal and regulatory requirements) or (2) the date that such shares become
vested pursuant to Section 2. For purposes of this Option Exercise and Ordinary Share Purchase Agreement, the term “Public Offering Date” means the first day that the Ordinary Shares are registered under the Exchange Act or a
similar law in a jurisdiction other than the United States and listed or quoted on a recognized national securities exchange or in the NASDAQ National Market Quotation System. 

4. Dividend; Voting Rights. After the date of issuance of the Shares, the Purchaser shall be entitled to cash dividends and voting
rights with respect to the Shares, but such rights shall terminate as to any Shares that are repurchased by the Company in accordance with Section 5. Any securities or other property receivable in respect of the Shares by the Purchaser as a
result of any dividend or other distribution, conversion or exchange of or with respect to the Shares are, together, referred to as “Restricted Property.” Upon a repurchase of any Shares prior to the time such Shares have vested by
the Company in accordance with Section 5, the Restricted Property related to such repurchased Shares shall be automatically transferred to the Company, without any further action by the Purchaser (or the Purchaser’s Beneficiary or Personal
Representative, as the case may be) or additional consideration from the Company. The Company may take any other action necessary or advisable to evidence such transfer. The Purchaser (or the Purchaser’s Beneficiary or Personal Representative,
as the case may be) shall deliver any additional documents of transfer that the Company may request to confirm the transfer of such Restricted Property to the Company. 
 5. Company’s Repurchase Right. Subject to the terms and conditions of this Section 5, the Company shall have the right (the “Repurchase Right”) (but not the obligation)
to repurchase in one or more transactions in connection with the termination of the Purchaser’s employment by or services to the Company or any of its Affiliates, and the Purchaser (or any permitted transferee) shall be obligated to sell any of
the Shares that have not, as of the Purchaser’s Severance Date, become vested. 
 To exercise the
Repurchase Right, the Company must give written notice thereof to the Purchaser (the “Repurchase Notice”). The Repurchase Notice is irrevocable by the Company and must (a) be in writing and signed by an authorized officer of
the Company, (b) set forth the Company’s intent to exercise the Repurchase Right and contain the total number of Shares to be sold to the Company pursuant to the exercise of the Repurchase Right, (c) be mailed or delivered to the
Purchaser at the Purchaser’s address reflected or last reflected on the Company’s payroll records or delivered to the Purchaser in person, and (d) be so mailed or delivered no later than the ninetieth (90th) day following the Purchaser’s Severance Date. If mailed,
the Repurchase Notice shall be enclosed in a properly sealed envelope, addressed as aforesaid, and deposited (postage prepaid) in a post office or branch post office. The Repurchase Notice shall be deemed to have been duly given as of the date
mailed or delivered in accordance with the foregoing provisions. 
 The price per Share to be paid by the Company upon
settlement of the Company’s Repurchase Right (the “Repurchase Price”) shall equal the lesser of (a) the price paid by the Purchaser to exercise the option and acquire such Share, or (b) the Fair Market Value of
a Share determined as of the date of the Repurchase Notice. No interest shall be paid with respect to and 

  
 3 

 
no other adjustments (other than adjustments in accordance with Section 7.3.1 of the Plan to reflect share splits and similar changes in capitalization) shall be made to the Repurchase
Price. The closing of any repurchase under this Section 5 shall be at a date to be specified by the Company, such date to be no later than ninety (90) days after the Purchaser’s Severance Date. The Repurchase Price shall be paid at
the closing in the form of a check or by cancellation of money purchase indebtedness. 
 Upon a repurchase of any Shares by the
Company, such repurchased Shares shall be automatically transferred to the Company, without any further action by the Purchaser (or the Purchaser’s Beneficiary or Personal Representative, as the case may be). The Company may exercise its powers
under this Option Exercise and Ordinary Share Purchase Agreement (including, without limitation, its powers under Section 3) and take any other action necessary or advisable to evidence such transfer. The Purchaser (or the Purchaser’s
Beneficiary or Personal Representative, as the case may be) shall deliver any additional documents of transfer that the Company may request to confirm the transfer of such repurchased Shares to the Company. 

If the Purchaser (or any permitted transferee who is an employee of the Company or any Affiliate) ceases to be an employee of the Company
or any of its Affiliates and holds Shares as to which the Company’s Repurchase Right has been exercised, the Purchaser shall be entitled to the value of such Shares in accordance with the foregoing provisions of this Section 5, but (unless
otherwise required by law) shall no longer be entitled to participation in the Company or other rights as a shareholder with respect to the Shares subject to the repurchase. To the maximum extent permitted by law, the Purchaser’s rights
following the exercise of the Repurchase Right shall, with respect to the repurchase and the Shares covered thereby, be solely the rights that he or she has as a general creditor of the Company to receive payment of the amount specified above in
this Section 5. 
 6. Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser
hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: 
  

	 	•	 	 any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth
in Section 7.5 of the Plan; 

  

	 	•	 	 any Restricted Property in respect of the Shares may not be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered,
either voluntarily or involuntarily, other than by will or the laws of descent and distribution, until the time that the Shares to which the Restricted Property relates become vested in accordance with Section 2; 

 

	 	•	 	 the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be
bound by, the lock-up provisions set forth in Section 7 of the Terms, the Company’s call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, and the
arbitration provisions of Section 15.3 of the Terms; and 

  
 4 

	 	•	 	 as a condition to any otherwise permitted transfer of the Shares, the Company may require the transferee to execute a written agreement, in a form
acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares. 

 7. Plan and Option Agreement. The Purchaser acknowledges that all of his/her rights are subject to, and the Purchaser agrees to be bound by, all of the terms and conditions of the Plan and the
Option Agreement (including the Terms), both of which are incorporated herein by this reference. If a conflict or inconsistency between the terms and conditions of this Option Exercise and Ordinary Share Purchase Agreement and of the Plan or the
Option Agreement shall arise, the terms and conditions of the Plan and/or the Option Agreement shall govern. The Purchaser acknowledges receipt of a copy of all documents referenced herein (including the Terms and a disclosure statement) and
acknowledges reading and understanding these documents and having an opportunity to ask any questions that he/she may have had about them. Any controversy or claim arising out of or relating to this Option Exercise and Ordinary Share Purchase
Agreement shall be submitted to arbitration in accordance with Section 15.3 of the Terms, and Cayman Islands law shall apply as provided in Section 15.1 of the Terms. 

8. Entire Agreement. This Option Exercise and Ordinary Share Purchase Agreement, the Option Agreement (including the Terms), and
the Plan together constitute the entire agreement and supersede all prior understandings and agreements, written or oral, of the parties hereto with respect to the subject matter hereof. The Plan, the Option Agreement and this Option Exercise and
Ordinary Share Purchase Agreement may be amended pursuant to Section 7.7 of the Plan. Such amendment must be in writing and signed by the Company. The Company may, however, unilaterally waive any provision hereof or of the Option Agreement in
writing to the extent such waiver does not adversely affect the interests of the Participant hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or a waiver of any other provision hereof.

 9. Notice of Sale of ISO Shares. If the Shares are being acquired upon exercise of an Option intended to qualify as an
Incentive Stock Option, the Purchaser agrees that, upon any sale or other transfer of the Shares within either one (1) year after the date that they are acquired by the Purchaser or two (2) years after the Award Date set forth in the
Option Agreement, the Purchaser shall provide the notice required under Section 5.5.3 of the Plan. 

  
 5 

							
	“PURCHASER”	 		 	ACCEPTED BY:
		 		 	MONTAGE TECHNOLOGY GROUP
	Signature	 		 	LIMITED,
		 		 	an exempted company organized under the
		 		 	Companies Law (2004 Revision) of the
	Print Name	 		 	Cayman Islands
		 		 	
		 		 	
	Date	 		 	By:	 	 
				
		 		 	Its:	 	 
		 		 		 	
		 		 	(To be completed by the Company after the price (including applicable withholding taxes), value (if applicable) and receipt of funds is
verified.)

  
 6 

 EXHIBIT 1 
 SHARE POWER 
 FOR VALUE RECEIVED and pursuant to that certain Option
Exercise and Ordinary Share Purchase Agreement between Montage Technology Group Limited, an exempted company organized under the Companies Law (2004 Revision) of the Cayman Islands (the “Company”), and the individual named below
(the “Individual”), dated as of             , the Individual, hereby sells, assigns and transfers to the Company, an aggregate of
             Ordinary Shares of the Company, standing in the Individual’s name on the books of the Company and represented by share certificate number(s)
             to which this instrument is attached, and hereby irrevocably constitutes and appoints              as
his or her attorney in fact and agent to transfer such shares on the books of the Company, with full power of substitution in the premises. 
  

					
	Dated                     ,
                	 		 	
			
		 		 	 
		 		 	Signature
			
		 		 	 
		 		 	Print Name

 (Instruction: Please do not fill in any blanks other than the signature line. The purpose of the assignment is to
enable the Company to exercise its sale/purchase option set forth in the Option Exercise and Ordinary Share Purchase Agreement without requiring additional signatures on the part of the Individual.) 

  
 7 

 MONTAGE TECHNOLOGY GROUP LIMITED 

2006 SHARE INCENTIVE PLAN 
 EARLY EXERCISE OPTION AGREEMENT 
 THIS EARLY EXERCISE OPTION
AGREEMENT (this “Option Agreement”), dated                             , by and
between Montage Technology Group Limited, an exempted company organized under the Companies Law (2004 Revision) of the Cayman Islands (the “Company”), and
                                 (the “Participant”) evidences
the option (the “Option”) granted by the Company to the Participant as to the number of the Company’s Ordinary Shares, par value US$0.005 per share, first set forth below. 

 

					
	Number of Ordinary Shares:1	  	_____________	  	Award Date:
                                         
 
			
	Exercise Price per Share:1	  	U.S.
$                            	  	Expiration Date:1,2
                                
			
	Vesting Commencement Date:	  	____________	  	
			
	Type of Option (check one):	  	Nonqualified Option	  	[            ]
			
		  	Incentive Stock Option	  	[            ]

 Vesting1,2 The Option shall become vested as to 25% of the total number of Ordinary Shares subject to the Option on the one year
anniversary of the Vesting Commencement Date. The remaining 75% of the total number of Ordinary Shares subject to the Option shall vest in 36 substantially equal monthly installments, with the first installment vesting on the last day of the month
following the month in which the first anniversary of the Vesting Commencement Date occurs and an additional installment vesting on the last day of each of the 35 months thereafter. 

The Option is granted under the Montage Technology Group Limited 2006 Share Incentive Plan (the “Plan”) and subject to
the Terms and Conditions of Early Exercise Option (the “Terms”) attached to this Option Agreement (incorporated herein by this reference) and to the Plan. The Option has been granted to the Participant in addition to, and not in
lieu of, any other form of compensation otherwise payable or to be paid to the Participant. Capitalized terms are defined in the Plan if not defined herein. The parties agree to the terms of the Option set forth herein. The Participant acknowledges
receipt of a copy of the Terms, the Plan and the Option Questions & Answers (including the supplement thereto for Early Exercise Options) for the Plan, specifically acknowledges and agrees to Section 14 of the Terms, and agrees to
maintain in confidence all information provided to him/her in connection with the Option. 
  

							
	“PARTICIPANT”	  		  	 MONTAGE TECHNOLOGY GROUP
 LIMITED,
 an exempted company organized under the

Companies Law (2004 Revision) of the Cayman

Islands

	 	  		  
	Signature	  		  
	 	  		  
	Print Name	  		  
	 	  		  
	Address	  		  	By:	  	 
				
	 	  		  	Its:	  	 
	City, State, Zip Code	  		  		  	

  

	1 	 Subject to adjustment under Section 7.3.1 of the Plan. 

	2 	 Subject to early termination under Section 5.7 or 7.3 of the Plan. 

 CONSENT OF SPOUSE 

In consideration of the Company’s execution of this Option Agreement, the undersigned spouse of the Participant agrees to be bound
by all of the terms and provisions hereof and of the Plan. 
  

					
	 	 		  	 
	Signature of Spouse	 		  	Date

 TERMS AND CONDITIONS OF EARLY EXERCISE OPTION 

 

	1.	Vesting; Limits on Exercise. 

 Subject to other provisions of this Option Agreement, the Option shall vest and become exercisable in percentage installments of the aggregate number of shares subject to the Option as set forth on the
cover page of this Option Agreement. The Option may be exercised only to the extent the Option is vested and exercisable. 
  

	 	•	 	 Cumulative Exercisability. To the extent that the Option is vested and exercisable, the Participant has the right to exercise the Option (to the
extent not previously exercised), and such right shall continue, until the expiration or earlier termination of the Option. 

  

	 	•	 	 Restricted Shares. If the Participant elects to exercise all or any portion of the Option before it has fully vested, the Ordinary Shares
acquired upon exercise of the Option which are attributable to the unvested portion of the Option shall be Restricted Shares (as such term is defined in the Plan). Such Restricted Shares shall continue to vest in accordance with the vesting schedule
set forth on the cover page of this Option Agreement. 

  

	 	•	 	 No Fractional Shares. Fractional share interests shall be disregarded, but may be cumulated. 

 

	 	•	 	 Minimum Exercise. No fewer than 100 Ordinary Shares (subject to adjustment under Section 7.3.1 of the Plan) may be purchased at any one
time, unless the number purchased is the total number at the time exercisable under the Option. 

  

	 	•	 	 ISO Value Limit. If the Option is designated as an Incentive Stock Option (an “ISO”), as indicated on the cover page of this
Option Agreement, and if the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Participant in any calendar year exceeds U.S. $100,000, as measured on
the applicable Award Dates, the limitations of Section 5.5.1 of the Plan shall apply and to such extent the Option will be rendered a Nonqualified Option. 

 

	2.	Continuance of Employment/Service Required; No Employment/Service Commitment. 

The vesting schedule requires continued employment or service through each applicable vesting date as a condition to the vesting of the
applicable installment of the Option and the rights and benefits under this Option Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate
vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 4 below, under the Plan, or under the applicable Exercise Agreement (as such term is defined
below). 

  
 1 

 Nothing contained in this Option Agreement, the Plan or any Exercise Agreement constitutes a
continued employment or service commitment by the Company or any of its Affiliates, affects the Participant’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Participant
any right to remain employed by or in service to the Company or any Affiliate, interferes in any way with the right of the Company or any Affiliate at any time to terminate such employment or service, or affects the right of the Company or any
Affiliate to increase or decrease the Participant’s other compensation. 
  

	3.	Exercise of Option. 

 To the extent that the Participant desires to exercise a portion of the Option that is then vested, the Participant shall deliver to the Company an executed Option Exercise and Ordinary Share
Purchase Agreement in substantially the form attached hereto as Exhibit A and satisfy the other exercise procedures described below. To the extent that the Participant desires to exercise a portion of the Option that is not vested, the
Participant shall deliver to the Company an executed Option Exercise and Ordinary Share Purchase Agreement in substantially the form attached hereto as Exhibit B and satisfy the other exercise procedures described below. The applicable form
of Option Exercise and Ordinary Share Purchase Agreement is referred to as the “Exercise Agreement.” 
 The
Option shall be exercisable (whether the exercise is with respect to the vested or the unvested portion of the Option, as described above) by the delivery to the Secretary of the Company (or such other person as the Administrator may require
pursuant to such administrative exercise procedures as the Administrator may implement from time to time) of: 
  

	 	•	 	 an executed Exercise Agreement (stating the number of Ordinary Shares to be purchased pursuant to the Option) in substantially the form attached hereto
as Exhibit A or Exhibit B, as applicable, or such other form as the Administrator may require from time to time; 

  

	 	•	 	 payment in full for the Exercise Price of the shares to be purchased, in cash or by electronic funds transfer to the Company, or by certified or
cashier’s check payable to the order of the Company subject to such specific procedures or directions as the Administrator may establish; 

  

	 	•	 	 any written statements or agreements required pursuant to Section 7.5.1 of the Plan; and 

 

	 	•	 	 satisfaction of the tax withholding provisions of Section 7.6.1 of the Plan. 

The Administrator also may, but is not required to, authorize a non-cash payment alternative specified below at or prior to the time of exercise. In
which case, the Exercise Price and/or applicable withholding taxes, to the extent so authorized, may be paid in full or in part by delivery to the Company of: 
  

	 	•	 	 Ordinary Shares already owned by the Participant, valued at their Fair Market Value on the exercise date, provided, however, that any
shares acquired directly from the Company (upon exercise of an option or otherwise) must have been owned by the Participant for at least six (6) months before the date of such exercise; and/or 

  
 2 

	 	•	 	 if the Ordinary Shares are then registered under the Exchange Act or a similar statute in a jurisdiction other than the United States and listed or
quoted on a recognized national securities exchange or in the NASDAQ National Market Quotation System, irrevocable instructions to a broker to, upon exercise of the Option, promptly sell a sufficient number of Ordinary Shares acquired upon exercise
of the Option and deliver to the Company the amount necessary to pay the Exercise Price (and, if applicable, the amount of any related tax withholding obligations); and/or 

 

	 	•	 	 a note meeting the requirements of Section 5.3.3 of the Plan (or, in the case of tax loans, Section 7.6.2 of the Plan).

 An Option will qualify as an ISO only if it meets all of the applicable requirements of the Code. If the
Option is designated as an ISO, the Option may be rendered a Nonqualified Option if the Administrator permits the use of one or more of the non-cash payment alternatives referenced above. 

The Participant (and his/her spouse, if any) hereby acknowledges and confirms that the delivery to the Company of a duly signed Power of
Attorney for use in connection with the foreign exchange registration for overseas investment by natural persons of the People’s Republic of China (the “PRC”) in substantially the form provided by the Company is a condition to
the Participant’s receiving the Shares upon the exercise of the applicable installment of the Option and the rights and benefits under this Option Agreement, and the Participant undertakes to take, or cause to be taken, such other actions as
reasonably requested by the Company in order to complete such foreign exchange registration. 
  

	4.	Early Termination of Option. 

 The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in
the event of: 
  

	 	•	 	 the termination of the Participant’s employment or services as provided in Section 5.7 of the Plan, or 

 

	 	•	 	 the termination of the Option pursuant to Section 7.3 of the Plan. 

Notwithstanding any post-termination exercise period provided for herein or in the Plan, an Option will qualify as an ISO only if it is
exercised within the applicable exercise periods for ISOs under, and meets all of the other requirements of, the Code. If the Option is designated as an ISO and is not exercised within the applicable exercise periods for ISOs or does not meet such
other requirements, the Option will be rendered a Nonqualified Option. 
  

	5.	Non-Transferability and Other Restrictions. 

 The Option and any other rights of the Participant under this Option Agreement or the Plan are nontransferable and exercisable only by the Participant, except as set forth in Section 7.2 of the Plan.
Any Ordinary Shares issued on exercise of the Option are subject to substantial restrictions on transfer, and are subject to call, rights of first refusal, and other rights in favor of the Company as set forth herein and in the Exercise Agreement.

  
 3 

	6.	Securities Law Compliance. 

 The Participant acknowledges that the Option and the Ordinary Shares are not being registered under the Securities Act, based, in part, in reliance upon an exemption from registration under Securities and
Exchange Commission Rule 701 promulgated under the Securities Act, and a comparable exemption from qualification under applicable state securities laws, as each may be amended from time to time. The Participant, by executing this Option Agreement,
hereby makes the following representations to the Company and acknowledges that the Company’s reliance on federal and state securities law exemptions from registration and qualification is predicated, in substantial part, upon the accuracy of
these representations: 
  

	 	•	 	 The Participant is acquiring the Option and, if and when he/she exercises the Option, will acquire the Ordinary Shares solely for the
Participant’s own account, for investment purposes only, and not with a view to or an intent to sell, or to offer for resale in connection with any unregistered distribution, all or any portion of the shares within the meaning of the Securities
Act and/or any applicable securities laws. 

  

	 	•	 	 The Participant has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the Option and the
restrictions imposed on any Ordinary Shares purchased upon exercise of the Option. The Participant has been furnished with, and/or has access to, such information as he or she considers necessary or appropriate for deciding whether to exercise the
Option and purchase Ordinary Shares. However, in evaluating the merits and risks of an investment in the Ordinary Shares, the Participant has and will rely upon the advice of his/her own legal counsel, tax advisors, and/or investment advisors.

  

	 	•	 	 The Participant is aware that the Option may be of no practical value, that any value it may have depends on its vesting and exercisability as well as
an increase in the Fair Market Value of the underlying Ordinary Shares to an amount in excess of the Exercise Price, and that any investment in ordinary shares of a closely held entity such as the Company is non-marketable, non-transferable and
could require capital to be invested for an indefinite period of time, possibly without return, and at substantial risk of loss. 

  

	 	•	 	 The Participant understands that any Ordinary Shares acquired on exercise of the Option will be characterized as “restricted securities”
under the U.S. federal securities laws, and that, under such laws and applicable regulations, such securities may be resold without registration under the Securities Act only in certain limited circumstances, including in accordance with the
conditions of Rule 144 promulgated under the Securities Act, as presently in effect, with which the Participant is familiar. 

  

	 	•	 	 The Participant has read and understands the restrictions and limitations set forth in the Plan, this Option Agreement (including these Terms), and the
applicable Exercise and Agreement, which are imposed on the Option and any Ordinary Shares which may be acquired upon exercise of the Option. 

  
 4 

	 	•	 	 At no time was an oral representation made to the Participant relating to the Option or the purchase of Ordinary Shares and the Participant was not
presented with or solicited by any promotional meeting or material relating to the Option or the Ordinary Shares. 

  

	7.	Lock-Up Agreement. 

Neither the Participant (nor any permitted transferee) may, directly or indirectly, offer, sell or transfer or dispose of any of the
Ordinary Shares acquired upon exercise of the Option (whether vested or unvested) (the “Shares”) or any interest therein (or agree to do any thereof) (collectively, a “Transfer”) during the period commencing as of
14 days prior to and ending 180 days, or such lesser period of time as the relevant underwriters may permit, after the effective date of a registration statement covering any public offering of the Company’s securities of which the Participant
has notice. (The term “Participant” includes, where the context so requires, any permitted direct or indirect transferee of the Participant.) The Participant shall agree and consent to the entry of stop transfer instructions with the
Company’s transfer agent against the Transfer of the Company’s securities beneficially owned by the Participant and shall conform the limitations hereunder and under the Exercise Agreement by agreement with and for the benefit of the
relevant underwriters by a lock-up agreement or other agreement in customary form. Notwithstanding anything else herein to the contrary, this Section 7 shall not be construed so as to prohibit the Participant from participating in a
registration or a public offering of the Ordinary Shares with respect to any shares which he or she may hold at that time, provided, however, that such participation shall be at the sole discretion of the Board. 

 

	8.	Limited Call Right; Mandatory Sale; Transfer Restrictions. 

 8.1 Company’s Call Right. The Company shall have the right (but not the obligation), subject to the terms and conditions of this Section 8, to repurchase in one or more transactions in
connection with the Participant’s termination of employment or services to the Company or any of its Affiliates, and the Participant (or any permitted transferee) shall be obligated to sell any of the Shares acquired upon exercise of the Option
(to the extent that such Shares have vested pursuant to Section 1) at the Repurchase Price (as defined below) (the “Call Right”). To exercise the Call Right, the Company must give written notice thereof to the Participant (the
“Call Notice”). The Call Notice is irrevocable by the Company and must (a) be in writing and signed by an authorized officer of the Company, (b) set forth the Company’s intent to exercise the Call Right and contain
the total number of Shares to be sold to the Company pursuant to the Call Right, (c) be mailed or delivered in accordance with Section 11, and (d) be so mailed or delivered during the Notice Period (determined in accordance with the
following sentence). The “Notice Period” shall: 
  

	 	(a)	commence on the Participant’s Severance Date (determined in accordance with the Plan); and 

 

	 	(b)	terminate on the date that is ninety (90) days after the Participant’s Severance Date. 

  
 5 

 The Call Right shall apply only to Shares owned by the Participant for at least six months after the date
the Shares were acquired on exercise of the Option or such other period, if any, as the Administrator prescribes based on accounting or other applicable rules then in effect (unless an earlier date is required in order for the Call Right to be
validly exercised under applicable law), whether or not the purchase price is still owing under any note used to finance the purchase. 
 8.2 Repurchase Price. The price per Share to be paid by the Company upon settlement of the Company’s Call Right (the “Repurchase Price”) shall equal (i) in the event of
the repurchase of Restricted Shares, the lesser of (a) the price paid by the Participant to exercise the option and acquire such Share or (b) the Fair Market Value of a Share determined as of the date of the Call Notice, or (ii) in
the event of the repurchase of Shares other than Restricted Shares, the Fair Market Value of a Share determined as of the date of the Call Notice. No adjustments (other than pursuant to Section 8.3.1 of the Plan) shall be made to the Repurchase
Price as so determined for fluctuations in the Fair Market Value of the Ordinary Shares after the date of the Call Notice. 

8.3 Closing. The closing of any repurchase under this Section 8 shall be at a date to be specified by the Company, such date
to be no later than thirty (30) days after the date of the Call Notice. The aggregate Repurchase Price for the shares to be repurchased shall be paid at the closing in the form of a check or by cancellation of money purchase indebtedness
against surrender by the Participant of a share certificate evidencing the Shares with duly endorsed share powers. 

8.4 Repurchase of Restricted Shares. The Company shall have the right (but not the obligation) to repurchase in one or more
transactions in connection with the Participant’s termination of employment or services to the Company or any of its Affiliates, and the Participant (or any permitted transferee) shall be obligated to sell, any Restricted Shares acquired upon
exercise of the Option to the extent that such Restricted Shares have not vested pursuant to Section 1 as of the Participant’s Severance Date. Any such repurchase by the Company shall be made in accordance with Section 5 of the
applicable Exercise Agreement. 
 8.5 Termination of Call Right. The Company’s Call Right to repurchase Shares that
are vested pursuant to Section 1 as of the Participant’s Severance Date shall terminate to the extent that it is not exercised prior to the Public Offering Date. The Company’s right to repurchase Shares that are not vested
pursuant to Section 1 as of the Participant’s Severance Date shall continue in effect notwithstanding any Public Offering Date. 
 8.6 Assignment. Notwithstanding anything to the contrary, the Company may assign any or all of its rights under this Section 8 to one or more shareholders of the Company. 

 

	9.	Right of First Refusal. 

 The Company shall have a right of first refusal, as set forth below, to purchase the Shares acquired upon exercise of the Option before the Shares (or any interest in them) can be validly transferred to
any other person or entity. 
 9.1 Notice of Intent to Sell. Before there can be a valid sale or transfer of any Shares
(or any interest in them) by any holder thereof, the holder shall first give notice in writing to the Company, mailed or delivered in accordance with the provisions of Section 11, of his or her intention to sell or transfer such Shares (the
“Option Notice”). 

  
 6 

 The Option Notice shall specify the identity of the proposed transferee, the number of
Shares to be sold or transferred to the transferee, the price per Share and the terms upon which such holder intends to make such sale or transfer. If the payment terms for the Shares described in the Option Notice differ from delivery of cash or a
check at closing, the Company shall have the option, as set forth herein, of purchasing the Shares for cash (or a cash equivalent) at closing in an amount which the Company determines is a fair value equivalent of that payment. The determination of
a fair value equivalent shall be made in the Company’s best judgment and such determination shall be mailed or delivered to the selling or transferring shareholder (the “Company’s Notice”) within ten (10) days of its
receipt of the Option Notice. Should the selling or transferring shareholder disagree with the Company’s determination of a fair value equivalent, he or she shall have the right (the “Retraction Right”) to retract the proposed
sale or transfer to a third party and the offer of Shares to the Company pursuant to the Option Notice (such retraction to be made in writing and mailed or delivered in accordance with the provisions of Section 11). If the shareholder again
proposes to sell or transfer the Shares, the shareholder shall again offer such Shares to the Company pursuant to the terms of this Section 9 prior to any sale or transfer. 

9.2 Option to Purchase. Subject to the selling shareholder’s Retraction Right, during the sixty (60)-day period commencing
upon receipt of the Option Notice by the Company (the “Option Period”), the Company shall have an option to purchase any or all of the Shares specified in the Option Notice at the price offered therein (the “Right of First
Refusal”). 
 9.3 Purchase of Shares. Not more than thirty (30) days after receipt of the Option Notice,
the Company shall give written notice to the shareholder desiring to sell or transfer Shares of the number of such Shares to be purchased (or, if no Shares are to be purchased, stating such fact) by the Company pursuant to the terms of this
Section 9 (the “Purchase Notice”). Purchases pursuant to this Section 9 shall be consummated within thirty (30) days after delivery of the Purchase Notice to the selling shareholder, but in no event later than the
expiration of the Option Period. The purchase price shall be paid at the closing in cash, by check, by cancellation of money purchase indebtedness, or, if the payment terms set forth in the Option Notice differ from payment in cash or by check at
closing, in accordance with the payment terms set forth in the Option Notice (or payment of the amount set forth in the Company’s Notice in cash, by cancellation of money purchase indebtedness, or by check). The purchase price shall be paid
against surrender by the selling shareholder of a share certificate evidencing the number of Shares specified in the Option Notice, with duly endorsed share powers. 
 9.4 Ability to Sell Unpurchased Shares. Unless all of the Shares referred to in the Option Notice are to be purchased as indicated in the Purchase Notice, the shareholder desiring to sell or
transfer may dispose of any Shares referred to in the Option Notice that are not to be purchased by the Company to the person or persons specified in the Option Notice during a period of twenty (20) days commencing upon his or her receipt of
the Purchase Notice; provided, however, that he or she shall not sell or transfer such Shares (a) at a lower price or on terms more favorable to the Participant or transferee than those specified in the Option Notice, and
(b) to a person other than the person or persons specified in the Option Notice; and provided further that such transfer is consistent with the other provisions and limitations of the Plan, this Option Agreement (including these Terms),
and the Exercise Agreement. If the transfer is not consummated within such twenty (20) day period, the shareholder shall again offer such Shares to the Company pursuant to the terms of this Section 9 prior to any sale or transfer to the
same or any other person. 

  
 7 

 9.5 Assignment. Notwithstanding anything to the contrary, the Company may assign any
or all of its rights under this Section 9 to one or more shareholders of the Company. 
 9.6 Termination of Right of
First Refusal. The Company’s Right of First Refusal shall terminate to the extent that it is not exercised prior to the Public Offering Date. 
  

	10.	No Shareholder Rights Following Exercise of a Call or Repurchase. 

 If the Participant (or any permitted transferee) holds Shares as to which the Call Right or the Right of First Refusal has been exercised (in connection with the termination of the Participant’s
employment or otherwise), the Participant shall be entitled to the value of such shares in accordance with the provisions of Section 8 or 9, as applicable, but (unless otherwise required by law) shall no longer be entitled to participation in
the Company or other rights as a shareholder with respect to the shares subject to the call or repurchase. To the maximum extent permitted by law, the Participant’s rights following the exercise of the Call Right or Right of First Refusal
shall, with respect to the call or repurchase and the Shares covered thereby, be solely the rights that he or she has as a general creditor of the Company to receive payment of the amount specified in Section 8 or 9, as applicable. 

 

	11.	Notices. 

 Any
notice to be given under the terms of this Option Agreement or any Exercise Agreement shall be in writing and addressed to the Company at its principal office to the attention of the Secretary, and to the Participant at the address reflected or last
reflected on the Company’s payroll records. Any notice shall be delivered in person or shall be enclosed in a properly sealed envelope, addressed as aforesaid, registered or certified, and deposited (postage and registry or certification fee
prepaid) in a post office or branch post office. Any such notice shall be given only when received, but if the Participant is no longer an Eligible Person, shall be deemed to have been duly given five (5) business days after the date mailed in
accordance with the foregoing provisions of this Section 11. 
  

	12.	Plan. 

 The Option
and all rights of the Participant under this Option Agreement are subject to, and the Participant agrees to be bound by, all of the terms and conditions of the Plan, incorporated herein by this reference. In the event of a conflict or inconsistency
between the terms and conditions of this Option Agreement and of the Plan, the terms and conditions of the Plan shall govern. The Participant agrees to be bound by the terms of the Plan and of this Option Agreement (including the Terms). The
Participant acknowledges having read and understood the Plan, the Option Questions & Answers for the Plan, and this Option Agreement. Unless otherwise expressly provided in other sections of this Option Agreement, provisions of the Plan
that confer discretionary authority on the Board or the Administrator do not and shall not be deemed to create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or
the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof. 

  
 8 

	13.	Entire Agreement. 

This Option Agreement (including these Terms and together with the forms of Exercise Agreement attached hereto) and the Plan together
constitute the entire agreement and supersede all prior understandings and agreements, written or oral, of the parties hereto with respect to the subject matter hereof. The Plan, this Option Agreement and the Exercise Agreements may be amended
pursuant to Section 7.7 of the Plan. Such amendment must be in writing and signed by the Company. The Company may, however, unilaterally waive any provision hereof or of the Exercise Agreements in writing to the extent such waiver does not
adversely affect the interests of the Participant hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or a waiver of any other provision hereof. 

 

	14.	Satisfaction of All Rights to Equity. 

 The Option is in complete satisfaction of any and all rights that the Participant may have (under an employment, consulting, or other written or oral agreement with the Company or any of its Affiliates,
or otherwise) to receive (1) options or share awards with respect to the securities of the Company or any of its Affiliates, and/or (2) any other equity or derivative security in or with respect to the Company or any of its Affiliates.
This Option Agreement supersedes the terms of all prior understandings and agreements, written or oral, of the parties with respect to such matters. The Participant shall have no further rights or benefits under any prior agreement conveying any
right with respect to any security or derivative security in or with respect to the Company or any of its Affiliates. The foregoing notwithstanding, this Section 14 shall not adversely affect the Participant’s rights under any prior option
or share award agreement under the Plan (provided such agreement is expressly labeled as an option or share award agreement under the Plan and is similar in form to this Option Agreement) which has been signed by an authorized officer of the
Company. 
  

	15.	Governing Law; Limited Rights; Severability. 

 15.1. Cayman Islands Law; Construction. This Option Agreement and the Exercise Agreements shall be governed by and construed and enforced in accordance with the laws of the Cayman Islands without
regard to conflict of law principles thereunder. The terms of the Option grant have resulted from the negotiations of the parties and each of the parties has had an opportunity to obtain and consult with its own counsel. The language of all parts of
the Plan, this Option Agreement (including these Terms) and the Exercise Agreements shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against either of the parties. 

15.2. Limited Rights. The Participant has no rights as a shareholder of the Company with respect to the Option as set forth in
Section 7.8 of the Plan. The Option does not place any limit on the corporate authority of the Company as set forth in Section 7.15 of the Plan. 
 15.3. Arbitration. 
 (a) Any dispute, controversy or claim arising out of
or in connection with or relating to this Option Agreement, or the interpretation, breach, termination or validity hereof, shall be resolved through arbitration. A dispute may be submitted to arbitration upon the request of

  
 9 

 
either party with written notice to the other (the “Notice”). The arbitration shall be conducted in Hong Kong under the auspices of the Hong Kong International Arbitration Centre
(the “Centre”). There shall be three (3) arbitrators. Each party shall nominate one (1) arbitrator within thirty (30) days after the delivery of the Notice to the other party. The appointment of party nominated
arbitrators shall be confirmed by the Centre. Both arbitrators shall agree on the third arbitrator within thirty (30) days of their confirmation by the Centre. Should either party fail to appoint an arbitrator or should the two arbitrators fail
within thirty (30) days to reach agreement on the third arbitrator, such arbitrator shall be appointed by the Secretary General of the Centre. 
 (b) The arbitration proceedings shall be conducted in English. The arbitration tribunal shall apply the UNCITRAL Arbitration Rules as administered by the Centre at the time of the arbitration. However, if
such rules conflict with the provisions of this Section 15.3, including the provisions concerning the appointment of an arbitrator(s), the provisions of this Section 15.3 shall prevail. 

(c) The arbitrators shall decide any dispute submitted by the parties strictly in accordance with the substantive laws of the Cayman
Islands and shall not apply any other substantive law. 
 (d) Each party shall cooperate with the other in making full
disclosure of and providing complete access to all information and documents requested by the other in connection with such arbitration proceedings, subject only to any confidentiality obligations binding on such party. 

(e) The costs of arbitration shall be borne by the losing party, unless otherwise determined by the arbitration tribunal. 

(f) When any dispute occurs and when any dispute is under arbitration, except for the matters in dispute, the parties shall continue to
fulfill their respective obligations and shall be entitled to exercise their rights under this Agreement. 
 (g) The award of
the arbitration tribunal shall be final and binding upon the parties, and the prevailing party may apply to a court of competent jurisdiction for enforcement of such award. 
 15.4. Severability. If the arbitrator selected in accordance with Section 15.3 or a court of competent jurisdiction determines that any portion of this Option Agreement, the Plan, or the
applicable Exercise Agreement is in violation of any statute or public policy, then only the portions of this Option Agreement, the Plan, or the applicable Exercise Agreement, as applicable, which violate such statute or public policy shall be
stricken, and all portions of this Option Agreement, the Plan, and the applicable Exercise Agreement which do not violate any statute or public policy shall continue in full force and effect. Furthermore, it is the parties’ intent that any
court order striking any portion of this Option Agreement, the Plan, and/or the applicable Exercise Agreement should modify the stricken terms as narrowly as possible to give as much effect as possible to the intentions of the parties hereunder.

  
 10 

 15.5. Shareholder Approval. Notwithstanding anything else contained herein to the
contrary, the Option and all rights of the Participant under this Option Agreement are subject to approval of the Plan by the Company’s shareholders (such approval to be obtained in accordance with the terms of the Plan, the Company’s
Memorandum and Articles of Association, and applicable law) within twelve (12) months after the Effective Date of the Plan. 
 15.6. PRC Law; Foreign Exchange and Tax Compliance. Notwithstanding anything to the contrary in this Option Agreement, with respect to any Participant who is a PRC citizen, resides or resided in
China at any time since January 1, 2004, or otherwise, as the Administrator in its sole discretion may determine, may be deemed as a “domestic resident” as defined in the Circular No. 75 (and/or such successor Circular, the
“SAFE Circular”) issued by the State Administration of Foreign Exchange of the PRC issued on October 21, 2005 (a “PRC Participant”), the Option shall become exercisable only upon the written confirmation from
the PRC Participant, or counsel to the Company, in form and substance reasonably satisfactory to the Administrator that 
 (A)
(a) such PRC Participant is not subject to the registration or other compliance requirement of the SAFE Circular or (b) such PRC Participant (i) is subject is subject to such registration and compliance requirement of the SAFE
Circular and (ii) has complied with such registration requirement of the SAFE Circular; and 
 (B) the
exercise of the Option by the PRC Participant will not violate any applicable laws or regulations of the PRC and will not subject the Participant or the Company to any filing or registration with, or obtain any approval or permit from, any PRC
governmental or regulatory authorities (“PRC Compliance”) which, as the Administrator may determine in its sole discretion, would be unreasonably burdensome on the Company or is likely to have a material adverse effect on the
Company’s business, operations or prospects. 
 The PRC Participant shall have executed a Power of Attorney in the form
provided by the Company authorizing the Company (or any representative designated by the Company) to take such actions and execute such instruments on behalf of such PRC Participant in the event where such PRC Compliance is required but is
determined by the Administrator as acceptable to the Company, and the PRC Participant agrees to take any additional actions and execute any additional instruments as may be requested by the Company to ensure such compliance. 

In addition, notwithstanding anything else contained herein to the contrary, the Administrator may, at its discretion, limit the method
of Option exercise to a cashless method for PRC Participants for purpose of such PRC Compliance. Such discretion includes and is not limited to the required exchange of proceeds by the Administrator into Renminbi for transmittal to such PRC
Participants, deductions for fees associated with the exchange, and deductions for PRC taxes, as may be necessary to comply with applicable PRC foreign exchange and tax regulations. 

(Remainder of Page Intentionally Left Blank) 

  
 11 

 MONTAGE TECHNOLOGY GROUP LIMITED 

2006 SHARE INCENTIVE PLAN 
 OPTION AGREEMENT 
 THIS OPTION AGREEMENT (this “Option
Agreement”), dated             , by and between Montage Technology Group Limited, an exempted company organized under the Companies Law (2004 Revision) of the Cayman Islands
(the “Company”), and              (the “Participant”) evidences the option (the “Option”) granted by the Company to the Participant
as to the number of the Company’s Ordinary Shares, par value US$0.005 per share, first set forth below. 
  

					
	Number of Ordinary Shares:1	  	_____________	  	Award Date:
                                         
 
			
	Exercise Price per Share:1	  	U.S.
$                            	  	Expiration Date:1,2
                                
			
	Vesting Commencement Date:	  	____________	  	
			
	Type of Option (check one):	  	Nonqualified Option	  	[            ]
			
		  	Incentive Stock Option	  	[            ]

 Vesting1,2 The Option shall become vested as to 25% of the total number of Ordinary Shares subject to the Option on the first
anniversary of the Vesting Commencement Date. The remaining 75% of the total number of Ordinary Shares subject to the Option shall vest in 36 substantially equal monthly installments, with the first installment vesting on the last day of the month
following the month in which the first anniversary of the Vesting Commencement Date occurs and an additional installment vesting on the last day of each of the 35 months thereafter. 

The Option is granted under the Montage Technology Group Limited 2006 Share Incentive Plan (the “Plan”) and subject to
the Terms and Conditions of Option (the “Terms”) attached to this Option Agreement (incorporated herein by this reference) and to the Plan. The Option has been granted to the Participant in addition to, and not in lieu of, any other
form of compensation otherwise payable or to be paid to the Participant. Capitalized terms are defined in the Plan if not defined herein. The parties agree to the terms of the Option set forth herein. The Participant acknowledges receipt of a copy
of the Terms, the Plan and the Option Questions & Answers for the Plan, specifically acknowledges and agrees to Section 14 of the Terms, and agrees to maintain in confidence all information provided to him/her in connection with the
Option. 
  

							
	“PARTICIPANT”	 		 	MONTAGE TECHNOLOGY GROUP
		 		 	LIMITED,
	Signature	 		 	an exempted company organized under the
		 		 	Companies Law (2004 Revision) of the
	Print Name	 		 	Cayman Islands
				
		 		 	By:	 	 
	Address	 		 		 	
		 		 	Its:	 	 
	City, State, Zip Code	 		 		 	

   

 

	1 	Subject to adjustment under Section 7.3.1 of the Plan. 

	2 	Subject to early termination under Section 5.7 or 7.3 of the Plan. 

 CONSENT OF SPOUSE 

In consideration of the Company’s execution of this Option Agreement, the undersigned spouse of the Participant agrees to be bound
by all of the terms and provisions hereof and of the Plan. 
  

					
	 	  		  	 
	Signature of Spouse	  		  	Date

  
 2 

 TERMS AND CONDITIONS OF OPTION 

 

	1.	Vesting; Limits on Exercise. 

 Subject to other provisions of this Option Agreement, the Option shall vest and become exercisable in percentage installments of the aggregate number of shares subject to the Option as set forth on the
cover page of this Option Agreement. The Option may be exercised only to the extent the Option is vested and exercisable. 
  

	 	•	 	 Cumulative Exercisability. To the extent that the Option is vested and exercisable, the Participant has the right to exercise the Option (to the
extent not previously exercised), and such right shall continue, until the expiration or earlier termination of the Option. 

  

	 	•	 	 Restricted Shares. If the Participant elects to exercise all or any portion of the Option before it has fully vested, the Ordinary Shares
acquired upon exercise of the Option which are attributable to the unvested portion of the Option shall be Restricted Shares (as such term is defined in the Plan). Such Restricted Shares shall continue to vest in accordance with the vesting schedule
set forth on the cover page of this Option Agreement. 

  

	 	•	 	 No Fractional Shares. Fractional share interests shall be disregarded, but may be cumulated. 

 

	 	•	 	 Minimum Exercise. No fewer than 100 Ordinary Shares (subject to adjustment under Section 7.3.1 of the Plan) may be purchased at any one
time, unless the number purchased is the total number at the time exercisable under the Option. 

  

	 	•	 	 ISO Value Limit. If the Option is designated as an Incentive Stock Option (an “ISO”), as indicated on the cover page of this
Option Agreement, and if the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Participant in any calendar year exceeds U.S. $100,000, as measured on
the applicable Award Dates, the limitations of Section 5.5.1 of the Plan shall apply and to such extent the Option will be rendered a Nonqualified Option. 

 

	2.	Continuance of Employment/Service Required; No Employment/Service Commitment. 

The vesting schedule requires continued employment or service through each applicable vesting date as a condition to the vesting of the
applicable installment of the Option and the rights and benefits under this Option Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate
vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 4 below or under the Plan. 

Nothing contained in this Option Agreement or the Plan constitutes a continued employment or service commitment by the Company or any of
its Affiliates, affects the Participant’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Participant any right to remain employed by or in service to the Company or any
Affiliate, interferes in any way with the right of the Company or any Affiliate at any time to terminate such employment or service, or affects the right of the Company or any Affiliate to increase or decrease the Participant’s other
compensation. 

  
 1 

	3.	Method of Exercise of Option. 

 The Option shall be exercisable by the delivery to the Secretary of the Company (or such other person as the Administrator may require pursuant to such administrative exercise procedures as the
Administrator may implement from time to time) of: 
  

	 	•	 	 an executed Option Exercise and Ordinary Share Purchase Agreement (stating the number of Ordinary Shares to be purchased pursuant to the Option) in
substantially the form attached hereto as Exhibit A or such other form as the Administrator may require from time to time (the “Exercise Agreement”); 

 

	 	•	 	 payment in full for the Exercise Price of the shares to be purchased, in cash or by electronic funds transfer to the Company, or by certified or
cashier’s check payable to the order of the Company subject to such specific procedures or directions as the Administrator may establish; 

  

	 	•	 	 any written statements or agreements required pursuant to Section 7.5.1 of the Plan; and 

 

	 	•	 	 satisfaction of the tax withholding provisions of Section 7.6.1 of the Plan. 

The Administrator also may, but is not required to, authorize a non-cash payment alternative specified below at or prior to the time of exercise. In
which case, the Exercise Price and/or applicable withholding taxes, to the extent so authorized, may be paid in full or in part by delivery to the Company of: 
  

	 	•	 	 Ordinary Shares already owned by the Participant, valued at their Fair Market Value on the exercise date, provided, however, that any
shares acquired directly from the Company (upon exercise of an option or otherwise) must have been owned by the Participant for at least six (6) months before the date of such exercise; and/or 

 

	 	•	 	 if the Ordinary Shares are then registered under the Exchange Act or a similar statute in a jurisdiction other than the United States and listed or
quoted on a recognized national securities exchange or in the NASDAQ National Market Quotation System, irrevocable instructions to a broker to, upon exercise of the Option, promptly sell a sufficient number of Ordinary Shares acquired upon exercise
of the Option and deliver to the Company the amount necessary to pay the Exercise Price (and, if applicable, the amount of any related tax withholding obligations); and/or 

 

	 	•	 	 a note meeting the requirements of Section 5.3.3 of the Plan (or, in the case of tax loans, Section 7.6.2 of the Plan).

 An Option will qualify as an ISO only if it meets all of the applicable requirements of the Code. If the Option is
designated as an ISO, the Option may be rendered a Nonqualified Option if the Administrator permits the use of one or more of the non-cash payment alternatives referenced above. 

  
 2 

 The Participant (and his/her spouse, if any) hereby acknowledges and confirms that the
delivery to the Company of a duly signed Power of Attorney for use in connection with the foreign exchange registration for overseas investment by natural persons of the People’s Republic of China (the “PRC”) in substantially
the form provided by the Company is a condition to the Participant’s receiving the Shares upon the exercise of the applicable installment of the Option and the rights and benefits under this Option Agreement, and the Participant undertakes to
take, or cause to be taken, such other actions as reasonably requested by the Company in order to complete such foreign exchange registration. 
  

	4.	Early Termination of Option. 

 The Option, to the extent not previously exercised, and all other rights in respect thereof, whether vested and exercisable or not, shall terminate and become null and void prior to the Expiration Date in
the event of: 
  

	 	•	 	 the termination of the Participant’s employment or services as provided in Section 5.7 of the Plan, or 

 

	 	•	 	 the termination of the Option pursuant to Section 7.3 of the Plan. 

Notwithstanding any post-termination exercise period provided for herein or in the Plan, an Option will qualify as an ISO only if it is
exercised within the applicable exercise periods for ISOs under, and meets all of the other requirements of, the Code. If the Option is designated as an ISO and is not exercised within the applicable exercise periods for ISOs or does not meet such
other requirements, the Option will be rendered a Nonqualified Option. 
  

	5.	Non-Transferability and Other Restrictions. 

 The Option and any other rights of the Participant under this Option Agreement or the Plan are nontransferable and exercisable only by the Participant, except as set forth in Section 7.2 of the Plan.
Any Ordinary Shares issued on exercise of the Option are subject to substantial restrictions on transfer, and are subject to call, rights of first refusal and other rights in favor of the Company as set forth herein and in the Exercise Agreement.

  
 3 

	6.	Securities Law Compliance. 

 The Participant acknowledges that the Option and the Ordinary Shares are not being registered under the Securities Act, based, in part, in reliance upon an exemption from registration under Securities and
Exchange Commission Rule 701 promulgated under the Securities Act, and a comparable exemption from qualification under applicable state securities laws, as each may be amended from time to time. The Participant, by executing this Option Agreement,
hereby makes the following representations to the Company and acknowledges that the Company’s reliance on federal and state securities law exemptions from registration and qualification is predicated, in substantial part, upon the accuracy of
these representations: 
  

	 	•	 	 The Participant is acquiring the Option and, if and when he/she exercises the Option, will acquire the Ordinary Shares solely for the
Participant’s own account, for investment purposes only, and not with a view to or an intent to sell, or to offer for resale in connection with any unregistered distribution, all or any portion of the shares within the meaning of the Securities
Act and/or any applicable securities laws. 

  

	 	•	 	 The Participant has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the Option and the
restrictions imposed on any Ordinary Shares purchased upon exercise of the Option. The Participant has been furnished with, and/or has access to, such information as he or she considers necessary or appropriate for deciding whether to exercise the
Option and purchase Ordinary Shares. However, in evaluating the merits and risks of an investment in the Ordinary Shares, the Participant has and will rely upon the advice of his/her own legal counsel, tax advisors and/or investment advisors.

  

	 	•	 	 The Participant is aware that the Option may be of no practical value, that any value it may have depends on its vesting and exercisability as well as
an increase in the Fair Market Value of the underlying Ordinary Shares to an amount in excess of the Exercise Price, and that any investment in ordinary shares of a closely held entity such as the Company is non-marketable, non-transferable and
could require capital to be invested for an indefinite period of time, possibly without return, and at substantial risk of loss. 

  

	 	•	 	 The Participant understands that any Ordinary Shares acquired on exercise of the Option will be characterized as “restricted securities”
under the U.S. federal securities laws, and that, under such laws and applicable regulations, such securities may be resold without registration under the Securities Act only in certain limited circumstances, including in accordance with the
conditions of Rule 144 promulgated under the Securities Act, as presently in effect, with which the Participant is familiar. 

  

	 	•	 	 The Participant has read and understands the restrictions and limitations set forth in the Plan, this Option Agreement (including these Terms), and the
Exercise Agreement, which are imposed on the Option and any Ordinary Shares which may be acquired upon exercise of the Option. 

  
 4 

	 	•	 	 At no time was an oral representation made to the Participant relating to the Option or the purchase of Ordinary Shares and the Participant was not
presented with or solicited by any promotional meeting or material relating to the Option or the Ordinary Shares. 

  

	7.	Lock-Up Agreement. 

Neither the Participant (nor any permitted transferee) may, directly or indirectly, offer, sell or transfer or dispose of any of the
Ordinary Shares acquired upon exercise of the Option (the “Shares”) or any interest therein (or agree to do any thereof) (collectively, a “Transfer”) during the period commencing as of 14 days prior to and ending
180 days, or such lesser period of time as the relevant underwriters may permit, after the effective date of a registration statement covering any public offering of the Company’s securities of which the Participant has notice. (The term
“Participant” includes, where the context so requires, any permitted direct or indirect transferee of the Participant.) The Participant shall agree and consent to the entry of stop transfer instructions with the Company’s transfer
agent against the Transfer of the Company’s securities beneficially owned by the Participant and shall conform the limitations hereunder and under the Exercise Agreement by agreement with and for the benefit of the relevant underwriters by a
lock-up agreement or other agreement in customary form. Notwithstanding anything else herein to the contrary, this Section 7 shall not be construed so as to prohibit the Participant from participating in a registration or a public offering of
the Ordinary Shares with respect to any shares which he or she may hold at that time, provided, however, that such participation shall be at the sole discretion of the Board. 

 

	8.	Limited Call Right; Mandatory Sale; Transfer Restrictions. 

 8.1 Company’s Call Right. The Company shall have the right (but not the obligation), subject to the terms and conditions of this Section 8, to repurchase in one or more transactions in
connection with the Participant’s termination of employment or services to the Company or any of its Affiliates, and the Participant (or any permitted transferee) shall be obligated to sell any of the Shares acquired upon exercise of the Option
at the Repurchase Price (as defined below) (the “Call Right”). To exercise the Call Right, the Company must give written notice thereof to the Participant (the “Call Notice”). The Call Notice is irrevocable by the
Company and must (a) be in writing and signed by an authorized officer of the Company, (b) set forth the Company’s intent to exercise the Call Right and contain the total number of Shares to be sold to the Company pursuant to the Call
Right, (c) be mailed or delivered in accordance with Section 11, and (d) be so mailed or delivered during the Notice Period (determined in accordance with the following sentence). The “Notice Period” shall:

  

	 	(a)	commence on the Participant’s Severance Date (determined in accordance with the Plan); and 

 

	 	(b)	terminate on the date that is ninety (90) days after the Participant’s Severance Date. 

 The Call Right shall apply only to Shares owned by the Participant for at least six (6) months after the date the Shares were acquired on exercise of the Option or such other period, if any, as the
Administrator prescribes based on accounting or other applicable rules then in effect (unless an earlier date is required in order for the Call Right to be validly exercised under applicable law), whether or not the purchase price is still owing
under any note used to finance the purchase. 

  
 5 

 8.2 Repurchase Price. The price per Share to be paid by the Company upon settlement
of the Company’s Call Right (the “Repurchase Price”) shall equal (i) in the event of the repurchase of Restricted Shares, the lesser of (a) the price paid by the Participant to exercise the option and acquire such
Share or (b) the Fair Market Value of a Share determined as of the date of the Call Notice, or (ii) in the event of the repurchase of Shares other than Restricted Shares, the Fair Market Value of a Share determined as of the date of the
Call Notice. 
 8.3 Closing. The closing of any repurchase under this Section 8 shall be at a date to be specified
by the Company, such date to be no later than thirty (30) days after the date of the Call Notice. The purchase price shall be paid at the closing in the form of a check or by cancellation of money purchase indebtedness against surrender by the
Participant of a share certificate evidencing the Shares with duly endorsed share powers. No adjustments (other than pursuant to Section 8.3.1 of the Plan) shall be made to the purchase price for fluctuations in the fair market value of the
Ordinary Shares after the date of the Call Notice. 
 8.4 Termination of Call Right. The Company’s Call Right
shall terminate to the extent that it is not exercised prior to the Public Offering Date. 
 8.5 Assignment.
Notwithstanding anything to the contrary, the Company may assign any or all of its rights under this Section 8 to one or more shareholders of the Company. 
  

	9.	Right of First Refusal. 

 The Company shall have a right of first refusal, as set forth below, to purchase the Shares acquired upon exercise of the Option before the Shares (or any interest in them) can be validly transferred to
any other person or entity. 
 9.1 Notice of Intent to Sell. Before there can be a valid sale or transfer of any Shares
(or any interest in them) by any holder thereof, the holder shall first give notice in writing to the Company, mailed or delivered in accordance with the provisions of Section 11, of his or her intention to sell or transfer such Shares (the
“Option Notice”). 
 The Option Notice shall specify the identity of the proposed transferee, the number of
Shares to be sold or transferred to the transferee, the price per Share and the terms upon which such holder intends to make such sale or transfer. If the payment terms for the Shares described in the Option Notice differ from delivery of cash or a
check at closing, the Company shall have the option, as set forth herein, of purchasing the Shares for cash (or a cash equivalent) at closing in an amount which the Company determines is a fair value equivalent of that payment. The determination of
a fair value equivalent shall be made in the Company’s best judgment and such determination shall be mailed or delivered to the selling or transferring shareholder (the “Company’s Notice”) within ten (10) days of its
receipt of the Option Notice. Should the selling or transferring shareholder disagree with the Company’s determination of a fair value equivalent, he or she shall have the right (the “Retraction Right”) to retract the proposed
sale or transfer to a third party and the offer of Shares to the Company pursuant to the Option Notice 

  
 6 

 
(such retraction to be made in writing and mailed or delivered in accordance with the provisions of Section 11). If the shareholder again proposes to sell or transfer the Shares, the
shareholder shall again offer such Shares to the Company pursuant to the terms of this Section 9 prior to any sale or transfer. 
 9.2 Option to Purchase. Subject to the selling shareholder’s Retraction Right, during the sixty (60)-day period commencing upon receipt of the Option Notice by the Company (the “Option
Period”), the Company shall have an option to purchase any or all of the Shares specified in the Option Notice at the price offered therein (the “Right of First Refusal”). 

9.3 Purchase of Shares. Not more than thirty (30) days after receipt of the Option Notice, the Company shall give written
notice to the shareholder desiring to sell or transfer Shares of the number of such Shares to be purchased (or, if no Shares are to be purchased, stating such fact) by the Company pursuant to the terms of this Section 9 (the “Purchase
Notice”). Purchases pursuant to this Section 9 shall be consummated within thirty (30) days after delivery of the Purchase Notice to the selling shareholder, but in no event later than the expiration of the Option Period. The
purchase price shall be paid at the closing in cash, by check, by cancellation of money purchase indebtedness, or, if the payment terms set forth in the Option Notice differ from payment in cash or by check at closing, in accordance with the payment
terms set forth in the Option Notice (or payment of the amount set forth in the Company’s Notice in cash, by cancellation of money purchase indebtedness, or by check). The purchase price shall be paid against surrender by the selling
shareholder of a share certificate evidencing the number of Shares specified in the Option Notice, with duly endorsed share powers. 
 9.4 Ability to Sell Unpurchased Shares. Unless all of the Shares referred to in the Option Notice are to be purchased as indicated in the Purchase Notice, the shareholder desiring to sell or
transfer may dispose of any Shares referred to in the Option Notice that are not to be purchased by the Company to the person or persons specified in the Option Notice during a period of twenty (20) days commencing upon his or her receipt of
the Purchase Notice; provided, however, that he or she shall not sell or transfer such Shares (a) at a lower price or on terms more favorable to the Participant or transferee than those specified in the Option Notice and
(b) to a person other than the person or persons specified in the Option Notice; and provided further that such transfer is consistent with the other provisions and limitations of the Plan, this Option Agreement (including these Terms),
and the Exercise Agreement. If the transfer is not consummated within such twenty (20) day period, the shareholder shall again offer such Shares to the Company pursuant to the terms of this Section 9 prior to any sale or transfer to the
same or any other person. 
 9.5 Assignment. Notwithstanding anything to the contrary, the Company may assign any or all
of its rights under this Section 9 to one or more shareholders of the Company. 
 9.6 Termination of Right of First
Refusal. The Company’s Right of First Refusal shall terminate to the extent that it is not exercised prior to the Public Offering Date. 

  
 7 

	10.	No Shareholder Rights Following Exercise of a Call or Repurchase. 

 If the Participant (or any permitted transferee) holds Shares as to which the Call Right or the Right of First Refusal has been exercised (in connection with the termination of the Participant’s
employment or otherwise), the Participant shall be entitled to the value of such shares in accordance with the provisions of Section 8 or 9, as applicable, but (unless otherwise required by law) shall no longer be entitled to participation in
the Company or other rights as a shareholder with respect to the shares subject to the call or repurchase. To the maximum extent permitted by law, the Participant’s rights following the exercise of the Call Right or Right of First Refusal
shall, with respect to the call or repurchase and the Shares covered thereby, be solely the rights that he or she has as a general creditor of the Company to receive payment of the amount specified in Section 8 or 9, as applicable. 

 

	11.	Notices. 

 Any
notice to be given under the terms of this Option Agreement or the Exercise Agreement shall be in writing and addressed to the Company at its principal office to the attention of the Secretary, and to the Participant at the address reflected or last
reflected on the Company’s payroll records. Any notice shall be delivered in person or shall be enclosed in a properly sealed envelope, addressed as aforesaid, registered or certified, and deposited (postage and registry or certification fee
prepaid) in a post office or branch post office. Any such notice shall be given only when received, but if the Participant is no longer an Eligible Person, shall be deemed to have been duly given five (5) business days after the date mailed in
accordance with the foregoing provisions of this Section 11. 
  

	12.	Plan. 

 The Option
and all rights of the Participant under this Option Agreement are subject to, and the Participant agrees to be bound by, all of the terms and conditions of the Plan, incorporated herein by this reference. In the event of a conflict or inconsistency
between the terms and conditions of this Option Agreement and of the Plan, the terms and conditions of the Plan shall govern. The Participant agrees to be bound by the terms of the Plan and this Option Agreement (including these Terms). The
Participant acknowledges having read and understood the Plan, the Option Questions & Answers for the Plan, and this Option Agreement. Unless otherwise expressly provided in other sections of this Option Agreement, provisions of the Plan
that confer discretionary authority on the Board or the Administrator do not and shall not be deemed to create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or
the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof. 
  

	13.	Entire Agreement. 

This Option Agreement (including these Terms and together with the form of Exercise Agreement attached hereto) and the Plan together
constitute the entire agreement and supersede all prior understandings and agreements, written or oral, of the parties hereto with respect to the subject matter hereof. The Plan, this Option Agreement and the Exercise Agreement may be amended
pursuant to Section 7.7 of the Plan. Such amendment must be in writing and signed by 

  
 8 

 
the Company. The Company may, however, unilaterally waive any provision hereof or of the Exercise Agreement in writing to the extent such waiver does not adversely affect the interests of the
Participant hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or a waiver of any other provision hereof. 
  

	14.	Satisfaction of All Rights to Equity. 

 The Option is in complete satisfaction of any and all rights that the Participant may have (under an employment, consulting or other written or oral agreement with the Company or any of its Affiliates, or
otherwise) to receive (1) options or share awards with respect to the securities of the Company or any of its Affiliates and/or (2) any other equity or derivative security in or with respect to the Company or any of its Affiliates. This
Option Agreement supersedes the terms of all prior understandings and agreements, written or oral, of the parties with respect to such matters. The Participant shall have no further rights or benefits under any prior agreement conveying any right
with respect to any security or derivative security in or with respect to the Company or any of its Affiliates. The foregoing notwithstanding, this Section 14 shall not adversely affect the Participant’s rights under any prior option or
share award agreement under the Plan (provided such agreement is expressly labeled as an option or share award agreement under the Plan and is similar in form to this Option Agreement) which has been signed by an authorized officer of the Company.

  

	15.	Governing Law; Limited Rights; Severability. 

 15.1. Cayman Islands Law; Construction. This Option Agreement and the Exercise Agreement shall be governed by and construed and enforced in accordance with the laws of the Cayman Islands without
regard to conflict of law principles thereunder. The terms of the Option grant have resulted from the negotiations of the parties and each of the parties has had an opportunity to obtain and consult with its own counsel. The language of all parts of
the Plan, this Option Agreement (including these Terms) and the Exercise Agreement shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against either of the parties. 

15.2. Limited Rights. The Participant has no rights as a shareholder of the Company with respect to the Option as set forth in
Section 7.8 of the Plan. The Option does not place any limit on the corporate authority of the Company as set forth in Section 7.15 of the Plan. 
 15.3. Arbitration. 
 (a) Any dispute, controversy or claim arising out of
or in connection with or relating to this Option Agreement, or the interpretation, breach, termination or validity hereof, shall be resolved through arbitration. A dispute may be submitted to arbitration upon the request of either party with written
notice to the other (the “Notice”). The arbitration shall be conducted in Hong Kong under the auspices of the Hong Kong International Arbitration Centre (the “Centre”). There shall be three (3) arbitrators.
Each party shall nominate one (1) arbitrator within thirty (30) days after the delivery of the Notice to the other party. The appointment of party nominated arbitrators shall be confirmed by the Centre. Both arbitrators shall agree on the
third arbitrator within thirty (30) days of their confirmation by the Centre. Should either party fail to appoint an arbitrator or should the two arbitrators fail within thirty (30) days to reach agreement on the third arbitrator, such
arbitrator shall be appointed by the Secretary General of the Centre. 

  
 9 

 (b) The arbitration proceedings shall be conducted in English. The arbitration tribunal
shall apply the UNCITRAL Arbitration Rules as administered by the Centre at the time of the arbitration. However, if such rules conflict with the provisions of this Section 15.3, including the provisions concerning the appointment of an
arbitrator(s), the provisions of this Section 15.3 shall prevail. 
 (c) The arbitrators shall decide any dispute submitted
by the parties strictly in accordance with the substantive laws of the Cayman Islands and shall not apply any other substantive law. 
 (d) Each party shall cooperate with the other in making full disclosure of and providing complete access to all information and documents requested by the other in connection with such arbitration
proceedings, subject only to any confidentiality obligations binding on such party. 
 (e) The costs of arbitration shall be
borne by the losing party, unless otherwise determined by the arbitration tribunal. 
 (f) When any dispute occurs and when any
dispute is under arbitration, except for the matters in dispute, the parties shall continue to fulfill their respective obligations and shall be entitled to exercise their rights under this Agreement. 

(g) The award of the arbitration tribunal shall be final and binding upon the parties, and the prevailing party may apply to a court of
competent jurisdiction for enforcement of such award. 
 15.4. Severability. If the arbitrator selected in accordance
with Section 15.3 or a court of competent jurisdiction determines that any portion of this Option Agreement, the Plan or the Exercise Agreement is in violation of any statute or public policy, then only the portions of this Option Agreement,
the Plan or the Exercise Agreement, as applicable, which violate such statute or public policy shall be stricken, and all portions of this Option Agreement, the Plan and the Exercise Agreement which do not violate any statute or public policy shall
continue in full force and effect. Furthermore, it is the parties’ intent that any court order striking any portion of this Option Agreement, the Plan and/or the Exercise Agreement should modify the stricken terms as narrowly as possible to
give as much effect as possible to the intentions of the parties hereunder. 
 15.5. Shareholder Approval.
Notwithstanding anything else contained herein to the contrary, the Option and all rights of the Participant under this Option Agreement are subject to approval of the Plan by the Company’s shareholders (such approval to be obtained in
accordance with the terms of the Plan, the Company’s Memorandum and Articles of Association and applicable law) within twelve (12) months after the Effective Date of the Plan. 

  
 10 

 15.6. PRC Law; Foreign Exchange and Tax Compliance. Notwithstanding anything to the
contrary in this Option Agreement, with respect to any Participant who is a PRC citizen, resides or resided in China at any time since January 1, 2004, or otherwise, as the Administrator in its sole discretion may determine, may be deemed as a
“domestic resident” as defined in the Circular No. 75 (and/or such successor Circular, the “SAFE Circular”) issued by the State Administration of Foreign Exchange of the PRC issued on October 21, 2005 (a
“PRC Participant”), the Option shall become exercisable only upon the written confirmation from the PRC Participant, or counsel to the Company, in form and substance reasonably satisfactory to the Administrator that 

(A) (a) such PRC Participant is not subject to the registration or other compliance requirement of the SAFE Circular or
(b) such PRC Participant (i) is subject is subject to such registration and compliance requirement of the SAFE Circular and (ii) has complied with such registration requirement of the SAFE Circular; and 

(B) the exercise of the Option by the PRC Participant will not violate any applicable laws or regulations of the PRC and will not subject
the Participant or the Company to any filing or registration with, or obtain any approval or permit from, any PRC governmental or regulatory authorities (“PRC Compliance”) which, as the Administrator may determine in its sole
discretion, would be unreasonably burdensome on the Company or is likely to have a material adverse effect on the Company’s business, operations or prospects. 
 The PRC Participant shall have executed a Power of Attorney in the form provided by the Company authorizing the Company (or any representative designated by the Company) to take such actions and execute
such instruments on behalf of such PRC Participant in the event where such PRC Compliance is required but is determined by the Administrator as acceptable to the Company, and the PRC Participant agrees to take any additional actions and execute any
additional instruments as may be requested by the Company to ensure such compliance. 
 In addition, notwithstanding anything
else contained herein to the contrary, the Administrator may, at its discretion, limit the method of Option exercise to a cashless method for PRC Participants for purpose of such PRC Compliance. Such discretion includes and is not limited to the
required exchange of proceeds by the Administrator into Renminbi for transmittal to such PRC Participants, deductions for fees associated with the exchange, and deductions for PRC taxes, as may be necessary to comply with applicable PRC foreign
exchange and tax regulations. 
 (Remainder of Page Intentionally Left Blank) 

  
 11 

 EXHIBIT A 

MONTAGE TECHNOLOGY GROUP LIMITED 
 2006 SHARE INCENTIVE PLAN 
 OPTION EXERCISE AND ORDINARY SHARE PURCHASE
AGREEMENT 
 The undersigned (the “Purchaser”) hereby irrevocably elects to exercise his/her right,
evidenced by that certain Option Agreement, dated as of              (the “Option Agreement”), under the Montage Technology Group Limited 2006 Share Incentive Plan
(the “Plan”), as follows: 
  

	 	•	 	 the Purchaser hereby irrevocably elects to purchase              Ordinary Shares,
par value U.S. $0.005 per share (the “Shares”), of Montage Technology Group Limited, an exempted company organized under the Companies Law (2004 Revision) of the Cayman Islands (the “Company”), and

  

	 	•	 	 such purchase shall be at the price of U.S. $             per share, for an
aggregate amount of U.S. $             (subject to applicable withholding taxes pursuant to Section 7.6.1 of the Plan). 

Capitalized terms are defined in the Plan if not defined herein. 

1. Delivery of Share Certificate. The Purchaser requests that a certificate representing the Shares be registered to Purchaser and
delivered to:
                                         
                                         
                                         
                                         
                    . 

2. Investment Representations. The Purchaser acknowledges that the sale of the Shares by the Purchaser is restricted by Securities
and Exchange Commission Rule 701. The Purchaser hereby affirms as made as of the date hereof the representations in Section 6 of the “Terms and Conditions of Option” (which are attached to and a part of the Option Agreement, the
“Terms”) and such representations are incorporated herein by this reference. The Purchaser represents that he/she has no need for liquidity in this investment, has the ability to bear the economic risk of this investment and can
afford a complete loss of the purchase price for the Shares. 
 The Purchaser acknowledges receipt of the Company’s
condensed consolidated financial information. 
 The Purchaser also understands and acknowledges (a) that the certificates
representing the Shares will be legended as provided for in Section 7.5.3 of the Plan and (b) that the Company has no obligation to register the Shares or file any registration statement under applicable securities laws. 

  
 1 

 3. Limitation on Disposition and Other Restrictions. The Shares are subject to and
the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: 
  

	 	•	 	 any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth
in Section 7.5 of the Plan; 

  

	 	•	 	 the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be
bound by, the lock-up provisions set forth in Section 7 of the Terms, the Company’s call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the
foregoing provisions of this Section 3 and the arbitration provisions of Section 15.3 of the Terms; and 

  

	 	•	 	 as a condition to any otherwise permitted transfer of the Shares, the Company may require the transferee to execute a written agreement, in a form
acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares. 

 4. Plan and Option Agreement. The Purchaser acknowledges that all of his/her rights are subject to, and the Purchaser agrees to be bound by, all of the terms and conditions of the Plan and the
Option Agreement (including the Terms), both of which are incorporated herein by this reference. If a conflict or inconsistency between the terms and conditions of this Option Exercise and Ordinary Share Purchase Agreement and of the Plan or the
Option Agreement shall arise, the terms and conditions of the Plan and/or the Option Agreement shall govern. The Purchaser acknowledges receipt of a copy of all documents referenced herein (including the Terms and a disclosure statement) and
acknowledges reading and understanding these documents and having an opportunity to ask any questions that he/she may have had about them. Any controversy or claim arising out of or relating to this Option Exercise and Ordinary Share Purchase
Agreement shall be submitted to arbitration in accordance with Section 15.3 of the Terms, and Cayman Islands law shall apply as provided in Section 15.1 of the Terms. 

5. Entire Agreement. This Option Exercise and Ordinary Share Purchase Agreement, the Option Agreement (including the Terms) and
the Plan together constitute the entire agreement and supersede all prior understandings and agreements, written or oral, of the parties hereto with respect to the subject matter hereof. The Plan, the Option Agreement and this Option Exercise and
Ordinary Share Purchase Agreement may be amended pursuant to Section 7.7 of the Plan. Such amendment must be in writing and signed by the Company. The Company may, however, unilaterally waive any provision hereof or of the Option Agreement in
writing to the extent such waiver does not adversely affect the interests of the Purchaser hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or a waiver of any other provision hereof.

 6. Notice of Sale of ISO Shares. If the Shares are being acquired upon exercise of an Option intended to qualify as an
Incentive Stock Option, the Purchaser agrees that, upon any sale or other transfer of the Shares within either one (1) year of the date that they are acquired by the Purchaser or two (2) years after the Award Date set forth in the Option
Agreement, the Purchaser shall provide the notice required under Section 5.5.3 of the Plan. 

  
 2 

							
	“PURCHASER”	  		  	 ACCEPTED BY:
 MONTAGE TECHNOLOGY GROUP
 LIMITED,

an exempted company organized under the

Companies Law (2004 Revision) of the
 Cayman
Islands

	 	  		  
	Signature	  		  
	 	  		  
	Print Name	  		  
				
	 	  		  	By:	  	 
	Date	  		  	Its:	  	 
		  		  		  	(To be completed by the Company after the price (including applicable withholding taxes), value (if applicable) and receipt of funds is verified.)

  
 3

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