Document:

EX-10.9

 Exhibit 10.9 
  

 
 Exclusive Technology Development, Consultation and
Technical Service 
 Agreement 
 Hangzhou
Yunjiazhuang Network Technology Co., Ltd. 
 and 
 Hangzhou
Qunhe Information Technology Co., Ltd. 
  
  

 Contents 
  

					
	Term	  	Page	 
		
	 I. Technology Development, Consultation and technical services; Exclusive Rights
	  	 	1	 
		
	 II. Calculation and Payment of Fees
	  	 	2	 
		
	 III. Representations and Warranties
	  	 	3	 
		
	 IV. Confidentiality
	  	 	3	 
		
	 V. Compensation
	  	 	4	 
		
	 VI. Effect and Term
	  	 	4	 
		
	 VII. Termination
	  	 	4	 
		
	 VIII. Dispute Resolution
	  	 	5	 
		
	 IX. Force Majeure
	  	 	5	 
		
	 X. Notice
	  	 	5	 
		
	 XI. Assignment
	  	 	6	 
		
	 XII. Severability
	  	 	6	 
		
	 XIII. Amendment and Supplement to the Agreement
	  	 	6	 
		
	 XIV. Governing Law
	  	 	6	 

 This Exclusive Technology Development, Consultation and Technical Service Agreement
(hereinafter referred to as “the Agreement”) is entered into on December 13, 2013 by and between: 
  

	A.	 Hangzhou Yunjiazhuang Network Technology Co., Ltd., a limited liability company incorporated and
existing in accordance with the laws of the People’s Republic of China with its registered office at *** (hereinafter referred to as “Party A”) 

 

	B.	 Hangzhou QunHe Information Technology Co., Ltd., a limited liability company incorporated and existing
in accordance with the laws of the People’s Republic of China with its registered office at *** (hereinafter referred to as “Party B”) 

Each of “Party A” and “Party B” shall be hereinafter collectively as the “Parties” and individually as a
“Party”. 
 WHEREAS 
  

	1.	 Party A is a wholly foreign-owned enterprise established in the People’s Republic of China (hereinafter
referred to as “China”) and has resources and qualifications required for technology development, consultation and technical services; 

  

	2.	 Party A agrees to provide, and Party B agrees to accept, technology development, consultation and related
services. 

 The Parties reach an agreement on provision of technical consultation and related services through amicable
negotiation. NOW THEREFORE, the Parties intending to be bound hereby enter into this Agreement so as to determine their rights and obligations. 
 I.
Technology Development, Consultation and Technical Services; Exclusive Rights 
  

	 	1.	 Party A agrees to provide Party B with required technology development, consultation and technical services
(refer to Annex I for details) as technology development, consultation and technical service provider pursuant to the conditions herein during the term of the Agreement. 

 

	 	2.	 Party B agrees to accept the technology development, consultation and technical services provided by Party A.
Party B further agrees not to accept any technology development, consultation and technical services of the same or similar kind as described above provided by any third parties during the term of the Agreement, unless with prior written consent of
Party A. 

  
 1 

	 	3.	 Party A shall be exclusively and solely entitled to all rights and interests arising out of the performance
hereof, including but not limited to intellectual properties such as ownership, copyrights and patents, technical secrets, business secrets and others, whether developed by Party A on its own or by Party B based on original intellectual properties
owned by Party A. 

 II. Calculation and Payment of Fees 
  

	 	1.	 The Parties agree that Party B shall pay on a quarterly basis the fees for the technology development,
consultation and technical services hereunder (hereinafter referred to as “Service Fees”) as determined by the Parties based on the actual service provided. Service Fees shall be the balance of Party B’s total incomes less
total costs, the specific amount of which, however, may be determined by the Parties through negotiation. Party B shall furnish Party A with the administrative statements and business data including Party B’s net incomes in the current quarter
within the last thirty (30) days of each quarter. 

  

	 	2.	 The amount of Service Fees shall be determined based on: 

 

	 	(a)	 The level of difficulty of technology development and complexity of consultation and management services;

  

	 	(b)	 The time required for Party A to provide such technology development, consultation and management services; and

  

	 	(c)	 Scope and business value of the technology development, consultation and management services.

  

	 	3.	 Service Fees shall be approved by Party A and the Board of Directors of Exacloud Limited, the ultimate
controlling company of Party A at abroad (“Offshore Company”), including approval by directors appointed by shareholders of Series A Preferred Shares (“Series A Directors”) of the Offshore Company. Any adjustment
and change to Service Fees shall be subject to approval by Party A and the Board of Directors of Offshore Company (including approval by Series A Directors (if any). 

 

	 	4.	 Party B shall furnish Party A with the financial statements and all management records, business contracts and
financial materials of the current year within the last thirty (30) days of each year. For any questions about the financial materials furnished by Party B, Party A may engage an independent accountant in good standing to audit such materials
and Party B shall cooperate as required. 

  
 2 

 III. Representations and Warranties 

 

	 	1.	 Party A hereby represents and warrants that: 

 

	 	(a)	 Party A is a company incorporated and existing in accordance with the laws of China. 

 

	 	(b)	 Party A executes and performs the Agreement within the power and business scope of the company and has taken
necessary corporate actions, obtained proper authorization as well as the consent and approval of third parties and government authorities, which does not contravene any restrictions of laws and contracts binding or affecting it.

  

	 	(c)	 The Agreement upon execution shall constitute legal, valid and binding obligations of Party A that shall be
mandatory pursuant to the terms and conditions herein. 

  

	 	2.	 Party B hereby represents and warrants that: 

 

	 	(a)	 Party B is a company incorporated and existing in accordance with the laws of China. 

 

	 	(b)	 Party B executes and performs the Agreement within the power and business scope of the company and has taken
necessary corporate actions, obtained proper authorization as well as the consent and approval of third parties and government authorities, which does not contravene any restrictions of laws and contracts binding or affecting it.

  

	 	(c)	 Execution of the Agreement shall give rise to Party B’s obligations legal, valid, binding and enforceable
pursuant to the terms and conditions herein. 

 IV. Confidentiality 

 

	 	1.	 The Parties acknowledge that any oral or written materials between them under the Agreement shall be
confidential (hereinafter referred to as “Confidential Information”). Each Party shall keep confidential such confidential information and may not disclose any of it to any third parties without the written notice of the other
Party, unless: (a) such Confidential Information has been known in the public domain (not due to disclosure by the receiving party thereof); (b) the Confidential Information should be disclosed as required by rules or regulations of applicable
laws or any securities exchanges; or (c) the either Party requires to disclose the Confidential Information to the counsel and financial advisor for transactions contemplated hereunder, and such legal or financial consultant shall also be bound
by the confidentiality obligation similar to this Article. Disclosure of any of the Confidential Information by any staff or entity used by either Party shall be deemed disclosure by such Party and subject to liability for breach by that Party
hereunder. 

  

	 	2.	 The Parties agree that this Article shall remain valid regardless of modification, cancellation or termination
of this Agreement. 

  
 3 

 V. Compensation 

Party B shall indemnify Party A for any losses, damages, obligations and/or expenses caused by any lawsuits, demands or other claims against
Party A arising from technology development, consultation and technical services required by Party B, and shall defend and keep harmless Party A from any damages and losses due to any acts of Party B or third-party claims against any acts of Party
B; provided that such lawsuits, demands or other claims are caused by Party A’s willful misconduct or gross negligence. 
 VI. Effect and Term

  

	 	1.	 This Agreement is executed and effective on the date first above written. Unless terminated early in accordance
with the terms of this Agreement or other agreements executed by and between the Parties, the Agreement shall be valid for ten (10) years. 

  

	 	2.	 The term of the Agreement may be extended upon written confirmation of Party A prior to the expiry. The
extended term may be either ten (10) years or other terms determined by the Parties through negotiation. 

 VII. Termination

  

	 	1.	 Termination on Expiry Date 

Unless extended in conformity with applicable terms herein, the Agreement shall be terminated on the expiry date. 

 

	 	2.	 Early Termination 

Within the term hereof, the Agreement shall not be terminated early unless for bankrupt, statutory dissolution or termination of Party A; the
Agreement shall be automatically terminated in the event that Party B is bankrupt or dissolved or terminated by operation of laws prior to the expiry hereof. Notwithstanding the foregoing, Party A shall remain entitled to terminate the Agreement at
any time by giving a notice in writing to Party B thirty (30) days in advance. 
  

	 	3.	 Survival 

Rights and obligations of the Parties under Article IV, V and VIII shall survive the termination of the Agreement. 

  
 4 

 VIII. Dispute Resolution 
  

	 	1.	 Any dispute between the Parties regarding the interpretation and performance of the terms hereof, the Parties
shall resolve such dispute through negotiation in good faith. If any Party has given other Parties a written notice for resolution of any dispute through negotiation, but they fail to resolve the dispute within thirty (30) days thereafter, any
Party may submit the dispute to China International Economic and Trade Arbitration Commission for decision according to the arbitration rules for the time being. The arbitration shall take place in Beijing and in Chinese. The arbitration award shall
be final and binding upon the Parties. 

 IX. Force Majeure 

 

	 	1.	 A “force majeure event” refers to any events that are beyond the reasonable control of a Party and
cannot be avoided although the affected Party has used reasonable care, which includes but is not limited to government acts, act of god, fires, explosions, storms, floods, earthquakes, tides, lightnings or wars. However, inadequate credit, funding
or financing shall not be deemed out of reasonable control of a Party. The party affected by a force majeure event and requesting waiver of performance of this Agreement shall notify the other Party of such force majeure event giving rise to such
waiver and its actions to be taken to complete the performance. 

  

	 	2.	 In case performance of this Agreement is postponed or impeded by a force majeure event, the party affected by
such event shall not assume any liability hereunder within the extent of postponed or impeded performance. The party suffering from the force majeure event shall take appropriate measures to minimize or eliminate the impact and use reasonable
efforts to resume performance of obligations exposed to such impact as soon as possible. The Parties agree that they shall use reasonable efforts to resume the performance of their obligations hereunder at the end of the force majeure event.

 X. Notice 
 Unless
there is a written notice to alter the addresses below, the notices hereunder shall be delivered to the following addresses by hand or via registered mail. Notice shall be deemed to have been served on the date of receipt stated on the return
receipt if sent by a registered mail; or on the date of sending if by hand: 
 Party A: Hangzhou Yunjiazhuang Network Technology Co.,
Ltd. 
 Address: *** 
 Tel.:
*** 
 Atten.: Xiaohuang Huang 

  
 5 

 Party B: Hangzhou Qunhe Information Technology Co., Ltd. 

Address: *** 
 Tel.: *** 

Atten.: Xiaohuang Huang 
 XI. Assignment

 Without Party A’s prior written notice, Party B shall not transfer its rights and/or obligations hereunder to any third parties.

 XII. Severability 
 If any provision
hereof is invalid or unenforceable due to inconsistency with applicable laws, such term shall be deemed to be invalid only within the extent of its application, and shall not affect the legal effect of other terms hereof. 

XIII. Amendment and Supplement to the Agreement 

Any amendment and supplement to the Agreement shall be made by the Parties in writing. Amendments and supplements to the Agreement executed by
the Parties shall be an integral part of and have the same legal force as the Agreement. 
 XIV. Governing Law 

The Agreement shall be governed and construed in accordance with the laws of China. 

[The remainder of this page is intentionally left blank] 

  
 6 

 This is signature page 

 

	
	Hangzhou Yunjiazhuang Network Technology Co., Ltd. (Seal)
	
	/s/Hangzhou Yunjiazhuang Network Technology Co., Ltd.
	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal Representative

  

	
	Hangzhou Qunhe Information Technology Co., Ltd. (Seal)
	
	/s/Hangzhou Qunhe Information Technology Co., Ltd.
	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal Representative

 Annex I 

List of Technology Development, Consultation and technical service 

Party A shall provide Party B with the following technology development, consultation and technical services: 

1. Research and develop related technologies required for Party B’s businesses, including developing, designing and manufacturing database software,
anti-virus software, user interface software and other related technologies used for storing related business information and licensing Party B to use them; 

2. Technical application and implementation related to operation of Party B’s businesses, including but not limited to overall system design, and
installation, debugging and trial run of system; 
 3. Routine maintenance, monitoring, debugging and troubleshooting of computer network equipment,
including timely entering user information into database, or updating database timely and user interface regularly according to other business information that could be provided by Party B at any time, and providing other related technical services;

 4. Consultation on purchase of equipment, software and hardware system required for Party B’s network operation, including but not limited to
putting forward advice on selection, system installation and debugging of all kinds of tools software, applications and technical platforms, as well as on selected purchase, models, performance, etc. of hardware facilities and equipment matching
with them; provide technical questions about Party B’s network equipment, technical products and software and offer technical consultation and solutions; 

5. Training and technical support and aid to Party B’s staff as appropriate, including but not limited to: offering training on technologies and skills,
such as application and editing of all kinds of image processing software, customer services or technical and other training; providing consultation and suggestions on application of other online editing platforms and software and assist Party B in
compiling and collecting information of all kinds; 
 6. Assistance in customer management and after-sale track services related to businesses; 

7. Government related public relations services, assistance in communicating with government authorities concerned; 

8. Assistance in personnel management, including recommending key technical personnel, selecting staff for vacant positions, and managing social insurances,
salaries and holiday benefits of employees; 

 9. Introduction to Party B and its staff the knowledge about and experience in installation and running of
software system and equipment, and assistance in solving problems that may happen at any time during the process of system installation and running; 
 10.
Assistance in claiming arrears, mortgage payments and deposit bonds as receivable by Party B from customers; 
 11. Other technical services and
consultation as required for Party B’s operation. 

  

Exclusive Technology Development, Consultation and Technical Service 

Agreement 
 Hangzhou Yunjiazhuang Network Technology Co.,
Ltd. 
 and 
 Hangzhou Qunhe Information Technology Co., Ltd.

  
  

 Contents 
  

					
	Term	  	Page	 
		
	 I. Technology Development, Consultation and Technical Services; Exclusive Rights
	  	 	1	 
		
	 II. Calculation and Payment of Fees
	  	 	2	 
		
	 III. Representations and Warranties
	  	 	3	 
		
	 IV. Confidentiality
	  	 	3	 
		
	 V. Compensation
	  	 	4	 
		
	 VI. Effect and Term
	  	 	4	 
		
	 VII. Termination
	  	 	4	 
		
	 VIII. Dispute Resolution
	  	 	5	 
		
	 IX. Force Majeure
	  	 	5	 
		
	 X. Notice
	  	 	5	 
		
	 XI. Assignment
	  	 	6	 
		
	 XII. Severability
	  	 	6	 
		
	 XIII. Amendment and Supplement to the Agreement
	  	 	6	 
		
	 XIV. Governing Law
	  	 	6	 

 This Exclusive Technology Development, Consultation and Technical Service Agreement
(hereinafter referred to as “the Agreement”) is entered into on August 22, 2014 by and between: 
  

	C.	 Hangzhou Yunjiazhuang Network Technology Co., Ltd., a limited liability company incorporated and
existing in accordance with the laws of the People’s Republic of China with its registered office at *** (hereinafter referred to as “Party A”) 

 

	D.	 Hangzhou QunHe Information Technology Co., Ltd., a limited liability company incorporated and existing
in accordance with the laws of the People’s Republic of China with its registered office at *** (hereinafter referred to as “Party B”) 

Each of “Party A” and “Party B” shall be hereinafter collectively as the “Parties” and individually as a
“Party”. 
 WHEREAS 
  

	3.	 Party A is a wholly foreign-owned enterprise established in the People’s Republic of China (hereinafter
referred to as “China”) and has resources and qualifications required for technology development, consultation and technical services; 

  

	4.	 Party A agrees to provide, and Party B agrees to accept, technology development, consultation and related
services. 

 The Parties reach an agreement on provisions of technical consultation and related services through amicable
negotiation. NOW THEREFORE, the Parties intending to be bound hereby enter into this Agreement so as to determine their rights and obligations. 
 I.
Technology Development, Consultation and Technical Services; Exclusive Rights 
  

	 	4.	 Party A agrees to provide Party B with required technology development, consultation and technical services
(refer to Annex I for details) as technology development, consultation and technical service provider pursuant to the conditions herein during the term of the Agreement. 

 

	 	5.	 Party B agrees to accept the technology development, consultation and technical services provided by Party A.
Party B further agrees not to accept any technology development, consultation and technical services of the same or similar kind as described above provided by any third parties during the term of the Agreement, unless with prior written consent of
Party A. 

  
 1 

	 	6.	 Party A shall be exclusively and solely entitled to all rights and interests arising out of the performance
hereof, including but not limited to intellectual properties such as ownership, copyrights and patents, technical secrets, business secrets and others, whether developed by Party A on its own or by Party B based on original intellectual properties
owned by Party A. 

 II. Calculation and Payment of Fees 
  

	 	5.	 The Parties agree that Party B shall pay on a quarterly basis the fees for the technology development,
consultation and technical services hereunder (hereinafter referred to as “Service Fees”) as determined by the Parties based on the actual service provided. Service Fees shall be the balance of Party B’s total incomes less
total costs, the specific amount of which, however, may be determined by the Parties through negotiation. Party B shall furnish Party A with the administrative statements and business data including Party B’s net incomes in the current quarter
within the last thirty (30) days of each quarter. 

  

	 	6.	 The amount of Service Fees shall be determined based on: 

 

	 	(d)	 The level of difficulty of technology development and complexity of consultation and management services;

  

	 	(e)	 The time required for Party A to provide such technology development, consultation and management services; and

  

	 	(f)	 Scope and business value of the technology development, consultation and management services.

  

	 	7.	 Service Fees shall be approved by Party A and the Board of Directors of Exacloud Limited, the ultimate
controlling company of Party A at abroad (“Offshore Company”), including approval by directors appointed by shareholders of Series A Preferred Shares and directors appointed by Series B Preferred Shareholders (“Series A
Directors and Series B Directors”) of the Offshore Company. Any adjustment and change to Service Fees shall be subject to approval by Party A and the Board of Directors of Offshore Company (including approval by Series A Directors and
Series B Directors). 

  

	 	8.	 Party B shall furnish Party A with the financial statements and all management records, business contracts and
financial materials of the current year within the last thirty (30) days of each year. For any questions about the financial materials furnished by Party B, Party A may engage an independent accountant in good standing to audit such materials
and Party B shall cooperate as required. 

  
 2 

 III. Representations and Warranties 

 

	 	3.	 Party A hereby represents and warrants that: 

 

	 	(d)	 Party A is a company incorporated and existing in accordance with the laws of China. 

 

	 	(e)	 Party A executes and performs the Agreement within the power and business scope of the company and has taken
necessary corporate actions, obtained proper authorization as well as the consent and approval of third parties and government authorities, which does not contravene any restrictions of laws and contracts binding or affecting it.

  

	 	(f)	 The Agreement upon execution shall constitute legal, valid and binding obligations of Party A that shall be
mandatory pursuant to the terms and conditions herein. 

  

	 	4.	 Party B hereby represents and warrants that: 

 

	 	(d)	 Party B is a company incorporated and existing in accordance with the laws of China. 

 

	 	(e)	 Party B executes and performs the Agreement within the power and business scope of the company and has taken
necessary corporate actions, obtained proper authorization as well as the consent and approval of third parties and government authorities, which does not contravene any restrictions of laws and contracts binding or affecting it.

  

	 	(f)	 Execution of the Agreement shall give rise to Party B’s obligations legal, valid, binding and enforceable
pursuant to the terms and conditions herein. 

 IV. Confidentiality 

 

	 	3.	 The Parties acknowledge that any oral or written materials between them under the Agreement shall be
confidential (hereinafter referred to as “Confidential Information”). Each Party shall keep confidential such confidential information and may not disclose any of it to any third parties without the written notice of the other
Party, unless: (a) such Confidential Information has been known in the public domain (not due to disclosure by the receiving party thereof); (b) the Confidential Information should be disclosed as required by rules or regulations of applicable
laws or any securities exchanges; or (c) the either Party requires to disclose the Confidential Information to the counsel and financial advisor for transactions contemplated hereunder, and such legal or financial consultant shall also be bound
by the confidentiality obligation similar to this Article. Disclosure of any of the Confidential Information by any staff or entity used by either Party shall be deemed disclosure by such Party and subject to liability for breach by that Party
hereunder. 

  
 3 

	 	4.	 The Parties agree that this Article shall remain valid regardless of modification, cancellation or termination
of this Agreement. 

 V. Compensation 

Party B shall indemnify Party A for any losses, damages, obligations and/or expenses caused by any lawsuits, demands or other claims against
Party A arising from technology development, consultation and technical services required by Party B, and shall defend and keep harmless Party A from any damages and losses due to any acts of Party B or third-party claims against any acts of Party
B; provided that such lawsuits, demands or other claims are caused by Party A’s willful misconduct or gross negligence. 
 VI. Effect and Term

  

	 	3.	 This Agreement is executed and effective on the date first above written. Unless terminated early in accordance
with the terms of this Agreement or other agreements executed by and between the Parties, the Agreement shall be valid for ten (10) years. 

  

	 	4.	 The term of the Agreement may be extended upon written confirmation of Party A prior to the expiry. The
extended term may be either ten (10) years or other terms determined by the Parties through negotiation. 

 VII. Termination

  

	 	4.	 Termination on Expiry Date 

Unless extended in conformity with applicable terms herein, the Agreement shall be terminated on the expiry date. 

 

	 	5.	 Early Termination 

Within the term hereof, the Agreement shall not be terminated early unless for bankrupt, statutory dissolution or termination of Party A; the
Agreement shall be automatically terminated in the event that Party B is bankrupt or dissolved or terminated by operation of laws prior to the expiry hereof. Notwithstanding the foregoing, Party A shall remain entitled to terminate the Agreement at
any time by giving a notice in writing to Party B thirty (30) days in advance. 
  

	 	6.	 Survival 

Rights and obligations of the Parties under Article IV, V and VIII shall survive the termination of the Agreement. 

  
 4 

 VIII. Dispute Resolution 
  

	 	2.	 Any dispute between the Parties regarding the interpretation and performance of the terms hereof, the Parties
shall resolve such dispute through negotiation in good faith. If any Party has given other Parties a written notice for resolution of any dispute through negotiation, but they fail to resolve the dispute within thirty (30) days thereafter, any
Party may submit the dispute to China International Economic and Trade Arbitration Commission for decision according to the arbitration rules for the time being. The arbitration shall take place in Beijing and in Chinese. The arbitration award shall
be final and binding upon the Parties. 

 IX. Force Majeure 

 

	 	3.	 A “force majeure event” refers to any events that are beyond the reasonable control of a Party and
cannot be avoided although the affected Party has used reasonable care, which includes but is not limited to government acts, act of god, fires, explosions, storms, floods, earthquakes, tides, lightnings or wars. However, inadequate credit, funding
or financing shall not be deemed out of reasonable control of a Party. The party affected by a force majeure event and requesting waiver of performance of this Agreement shall notify the other Party of such force majeure event giving rise to such
waiver and its actions to be taken to complete the performance. 

  

	 	4.	 In case performance of this Agreement is postponed or impeded by a force majeure event, the party affected by
such event shall not assume any liability hereunder within the extent of postponed or impeded performance. The party suffering from the force majeure event shall take appropriate measures to minimize or eliminate the impact and use reasonable
efforts to resume performance of obligations exposed to such impact as soon as possible. The Parties agree that they shall use reasonable efforts to resume the performance of their obligations hereunder at the end of the force majeure event.

 X. Notice 
 Unless
there is a written notice to alter the addresses below, the notices hereunder shall be delivered to the following addresses by hand or via registered mail. Notice shall be deemed to have been served on the date of receipt stated on the return
receipt if sent by a registered mail; or on the date of sending if by hand: 
 Party A: Hangzhou Yunjiazhuang Network Technology Co.,
Ltd. 
 Address: *** 
 Tel.:
*** 
 Atten.: Xiaohuang Huang 

  
 5 

 Party B: Hangzhou Qunhe Information Technology Co., Ltd. 

Address: *** 
 Tel.: *** 

Atten.: Xiaohuang Huang 
 XI. Assignment

 Without Party A’ prior written notice, Party B shall not transfer its rights and/or obligations hereunder to any third parties.

 XII. Severability 
 If any provisions
hereof is invalid or unenforceable due to inconsistency with applicable laws, such term shall be deemed to be invalid only within the extent of its application, and shall not affect the legal effect of other terms hereof. 

XIII. Amendment and Supplement to the Agreement 

Any amendment and supplement to the Agreement shall be made by the Parties in writing. Amendments and supplements to the Agreement executed by
the Parties shall be an integral part of and have the same legal force as the Agreement. 
 XIV. Governing Law 

The Agreement shall be governed and construed in accordance with the laws of China. 

[The remainder of this page is intentionally left blank] 

  
 6 

 This is signature page 

 

	
	Hangzhou Yunjiazhuang Network Technology Co., Ltd. (Seal)
	
	/s/Hangzhou Yunjiazhuang Network Technology Co., Ltd.
	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal Representative
	
	Hangzhou Qunhe Information Technology Co., Ltd. (Seal)
	
	/s/Hangzhou Qunhe Information Technology Co., Ltd.
	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal Representative

 Annex I 

List of Technology Development, Consultation and Technical Service 

Party A shall provide Party B with the following technology development, consultation and technical Services: 

12. Research and develop related technologies required for Party B’s businesses, including developing, designing and manufacturing database software,
anti-virus software, user interface software and other related technologies used for storing related business information and licensing Party B to use them; 

13. Technical application and implementation related to operation of Party B’s businesses, including but not limited to overall system design, and
installation, debugging and trial run of system; 
 14. Routine maintenance, monitoring, debugging and troubleshooting of computer network equipment,
including timely entering user information into database, or updating database timely and user interface regularly according to other business information that could be provided by Party B at any time, and providing other related technical services;

 15. Consultation on purchase of equipment, software and hardware system required for Party B’s network operation, including but not limited to
putting forward advice on selection, system installation and debugging of all kinds of tools software, applications and technical platforms, as well as on selected purchase, models, performance, etc. of hardware facilities and equipment matching
with them; provide technical questions about Party B’s network equipment, technical products and software and offer technical consultation and solutions; 

16. Training and technical support and aid to Party B’s staff as appropriate, including but not limited to: offering training on technologies and skills,
such as application and editing of all kinds of image processing software, customer services or technical and other training; providing consultation and suggestions on application of other online editing platforms and software and assist Party B in
compiling and collecting information of all kinds; 
 17. Assistance in customer management and after-sale track services related to businesses; 

18. Government related public relations services, assistance in communicating with government authorities concerned; 

19. Assistance in personnel management, including recommending key technical personnel, selecting staff for vacant positions, and managing social insurances,
salaries and holiday benefits of employees; 

 20. Introduction to Party B and its staff the knowledge about and experience in installation and running of
software system and equipment, and assistance in solving problems that may happen at any time during the process of system installation and running; 
 21.
Assistance in claiming arrears, mortgage payments and deposit bonds as receivable by Party B from customers; 
 22. Other technical services and consultation
as required for Party B’s operation. 

 The Second Amendment to Exclusive Technology Development, Consultation and 

Technical Service Agreement 
 The Second
Amendment to Exclusive Technology Development, Consultation and Technical Service Agreement (hereinafter referred to as the “Amendment”) is entered into on December 29, 2016 by and between: 

 

	A.	 Hangzhou Yunjiazhuang Network Technology Co., Ltd., a company incorporated in accordance with the laws
of the People’s Republic of China with its registered office at *** (hereinafter referred to as “Party A”); 

  

	B.	 Hangzhou QunHe Information Technology Co., Ltd., a company incorporated in accordance with the laws of
the People’s Republic of China with its registered office at *** (hereinafter referred to as “Party B”); 

 Each of
“Party A” and “Party B” shall be hereinafter collectively as the “Parties” and individually as a “Party”. 

WHEREAS 
  

	1.	 Party A and Party B executed the Exclusive Technology Development, Consultation and Technical Service
Agreement on December 13, 2013 and the Amendment to Exclusive Technology Development, Consultation and Technical Service Agreement on August 22, 2014 (collectively referred to as “Technical Agreement”);

  

	2.	 The Parties wish to make some amendments to Technical Agreement to reflect the modification to terms and
transactions in the Technical Agreement. 

 NOW, THEREFORE, in consideration of mutual commitments made herein and mutual benefits
to be gained hereby, the Parties agree as follows: 
 1. Paragraph 3, Article II of Technical Agreement is hereby amended and restated by being replaced in
its entirety with the following term: 
 “Service Fees shall be approved by Party A and the Board of Directors of Exacloud Limited (“Offshore
Company”), the ultimate controlling company of Party A at abroad, including approval by investor directors of the Offshore Company (“Investor Director”, as defined in Manmorandun and Articles of Association of the Offshore
Company as amended from time to time). Any adjustment and change to Service Fees shall be subject to approval by Party A and the Board of Directors of Offshore Company (including approval by Investor Directors).” 

 2. Effect of the Amendment. Except as expressly modified in the Amendment, all terms and conditions in the
Technical Agreement shall remain in full force in accordance with the terms. On the execution date of the Amendment and thereafter, “the Agreement”, “hereunder”, “hereof”, “herein” or any reference to
Technical Agreement shall be Technical Agreement as amended through the Amendment. 
 3. Governing Laws and Dispute Resolution. Article VIII and XIV of
Technical Agreements are applicable to the Amendment in all respects (including validity, interpretation and effect). Any controversies, disputes or claims arising out of or in connection with the Amendment or breach, termination or validity of the
Amendment shall be ultimately settled in accordance with Article VIII and XVI of Technical Agreements. 
 4. Entire Agreement. The Amendment (upon execution
and delivery) and Technical Agreement constitute an entire agreement between the Parties and supersede all prior written and oral agreements and understandings between the Parties regarding the subject matters hereof. 

5 Severability. Should any court or arbitrator with proper jurisdiction holds any clause herein invalid or unenforceable, or should any government or other
authority consider that any clause contravene any laws, such clause shall be separated from other clauses of the Amendment, and such other clauses shall remain in full force. The Parties agree to renegotiate in good faith about any clause held
invalid or unenforceable and to be bound by a substitute clause the intention of which is as close as possible to the original intention of the invalid or unenforceable one. 

{The remainder of this page is intentionally left blank} 

 In witness whereof, the Parties have caused the Amendment to be duly executed on the day first written above
and will be legally bound by the Amendment. 
  

	
	Hangzhou Yunjiazhuang Network Technology Co., Ltd. (Seal)
	
	/s/Hangzhou Yunjiazhuang Network Technology Co., Ltd.
	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal Representative
	
	Hangzhou Qunhe Information Technology Co., Ltd. (Seal)
	
	/s/Hangzhou Qunhe Information Technology Co., Ltd.
	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal RepresentativeEX-10.10

 Exhibit 10.10 
  

 
 The Fourth Amended and Restated Intellectual
Property Transfer Agreement 
 Hangzhou Qunhe Information Technology Co., Ltd. 

and 
 Hangzhou Yunjiazhuang Network Technology Co., Ltd. 

 
  

 Contents 
  

					
	I. Definition and Interpretation	  	 	4	 
		
	II. Transfer of Subject Matters	  	 	5	 
		
	III. Obligations of the Parties	  	 	6	 
		
	IV. Representations and Warranties	  	 	6	 
		
	V. Termination, Liability for Breach and Indemnity	  	 	8	 
		
	VI. Exemptions	  	 	9	 
		
	V. Amendment and Change	  	 	9	 
		
	VIII. Annex	  	 	9	 
		
	IX. Effect	  	 	9	 
		
	X. Governing Law	  	 	9	 
		
	XI. Dispute Resolution	  	 	9	 
		
	XII. Severability	  	 	9	 
		
	XIII. Notification	  	 	9	 
		
	XIV. Entire Agreement	  	 	10	 
		
	XV. Miscellaneous	  	 	10	 

 This Fourth Amended and Restated Intellectual Property Transfer Agreement (“the
Agreement”) was entered into on August 12, 2019 by and between: 
  

	A.	 Hangzhou Qunhe Information Technology Co., Ltd., a limited liability company incorporated and existing in
accordance with the laws of the People’s Republic of China with its registered office at *** (hereinafter referred to as “Transferor”); 

  

	B.	 Hangzhou Yunjiazhuang Network Technology Co., Ltd., a limited liability company incorporated and existing in
accordance with the laws of the People’s Republic of China with its registered office at *** (hereinafter referred to as “Transferee”). 

“Transferor” and “Transferee” are hereinafter collectively referred to as the “Parties” and individually a
“Party”. 
 WHEREAS 
  

	 	1.	 Transferor is in possession of the intellectual properties as listed in Annex I (hereinafter “Subject
Matters”); 

  

	 	2.	 The Parties have entered into The Amended and Restated Intellectual Property Transfer Agreement
(hereinafter “Original Transfer Agreement”) dated August 22, 2014, The Second Amended and Restated Intellectual Property Transfer Agreement (hereinafter “2nd Transfer Agreement”) dated December 29,
2016, and The Third Amended and Restated Intellectual Property Transfer Agreement (hereinafter “3rd Transfer Agreement”) dated January 26, 2018, and now the Parties desire to enter into this Agreement to amend Original
Transfer Agreement, 2nd Transfer Agreement and 3rd Transfer Agreement in their entirety, and to transfer the Subject Matters in a manner as provided by the terms hereof. 

The Parties have agreed on the transfer of Subject Matters through friendly consultation. NOW THEREFORE, the Parties intending to be bound
hereby enter into this Agreement so as to determine their rights and obligations. 
 I. Definition and Interpretation 

 

	 	1.	 Intellectual Property refers to: patents, patent applications, trademarks, trademark applications, tradenames,
copyrights, trade secrets, inventions, know-how, designs, slogans, marks, website designs, layouts and domain names, etc. 

 

	 	2.	 Supermajority Preferred Holders have the meaning of the “Supermajority Preferred Holders” as set
forth in the Memorandum and Articles of Association as amended from time to time of the Offshore Company. 

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	4

 II. Transfer of Subject Matters 

 

	 	1.	 Subject Matters hereunder refer to the Intellectual Properties as set forth in Annex I and in possession of the
Transferor, together with all rights and benefits vested in the title to Subject Matters. 

  

	 	2.	 Where the transfer of Subject Matters is determined in writing by the Board of Directors or Supermajority
Preferred Holders of Exacloud Limited, the final controlling parent company offshore of the Transferee (the “Offshore Company”), the Transferee shall send a written notice to the Transferor together with the relevant resolution made
by the Board or Supermajority Preferred Holders of the Offshore Company, and the Transferor shall transfer to the Transferee the title to Subject Matters as well as all rights and benefits in connection with or originated from the Subject Matters as
of the date of receipt of such written notice by the Transferor (the “Closing Date”). Transferor hereby agrees that both the title to Subject Matters and all rights and benefits in connection with or originated from such title shall
be owned by the Transferee as of the Closing Date. If, subject to applicable laws or regulations, the transfer of some Subject Matters shall not be effective unless as approved, verified, filed, registered with or announced by competent government
authorities, then the title to such Subject Matters and all rights and benefits in connection with or originated from such title shall be owned by the Transferee as of the date of completing such approval, verification, filing, registration or
announcement. 

  

	 	3.	 The Transferee shall not be liable for any liability incurred by the Transferor in respect of the Subject
Matters under this Agreement. 

  

	 	4.	 Transfer Price: The total transfer price regarding the Subject Matters is RMB1,000. 

 

	 	5.	 Payment of Transfer Price: The Transferee shall pay the Transfer Price to the bank account as designated by the
Transferor within thirty (30) days as of the Closing Date or by other deadline as agreed by the Parties. 

  

	 	6.	 If the transfer of intellectual property is required to go through relevant approval, filing, registration or
announcement formalities by applicable laws of China, the Transferor shall assist the Transferee to complete such formalities within thirty (30) days as of the Closing Date. Any fee incurred by such formalities shall at the respective cost of
the Transferor and Transferee in accordance with provisions of applicable laws and regulations, and if in lack of such provisions, shall be shared by them. 

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	5

 III. Obligations of the Parties 

 

	 	1.	 Transferor shall be obliged to: 

 

	 	(a)	 Transfer the Subject Matters as set forth in Article II hereof fully and timely; 

 

	 	(b)	 Keep confidential the trade secrets of the Transferee known as a result of the execution and performance of
this Agreement; 

  

	 	(c)	 Agree to deliver to the Transferee or its specified representative(s) all records, documents, source codes and
other documents or information in relation to the Subject Matters at the Closing Date. But if the Transferor is required to retain the originals of any records by laws, then it shall deliver the copies of such records to the Transferee and
undertakes to present a certificate confirming the consistency between such copies and the originals at the request of the Transferee within a reasonable time limit; 

 

	 	(d)	 Assist the Transferee in the registration and filing (if any) of the transfer of the Subject Matters in
accordance with the provisions of Paragraph 6 under Article 2 above. 

  

	 	2.	 Transferee shall be obliged to: 

 

	 	(a)	 Pay the Transfer Price of the Subject Matters to the Transferor as scheduled under this Agreement;

  

	 	(b)	 Keep confidential the trade secrets of the Transferor known as a result of the execution and performance of
this Agreement. 

 IV. Representations and Warranties 
  

	 	1.	 Representations and Warranties of the Transferor on Subject Matters 

 

	 	(a)	 Subject Matters as listed in Annex I are all Intellectual Properties in possession of the Transferor.

  

	 	(b)	 Transferor represents and warrants that as of the date of this Agreement, (i) it has the full and
exclusive title to and right to dispose of, the Subject Matters to be transferred as listed in Annex and in its possession; (ii) Subject Matters are not subject to any mortgage, pledge, lien or other securities; (iii) Subject Matters are
free of any fact that should be disclosed or any major legal defect. 

  

	 	(c)	 Transferor has obtained all internal authorizations of the company or all approvals and completed other
procedures subject to the government approval as necessary for the execution and performance of this Agreement. 

  

	 	(d)	 The performance of obligations by the Transferor under this Agreement does not and will not:

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	6

	 	(i)	 Breach any provision of laws, regulations, rules and regulatory documents of the People’s Republic of
China in force; 

  

	 	(ii)	 Breach any provision of its Articles of Association; 

 

	 	(iii)	 Breach any agreement to which the Transferor is a party or which binds on any property or assets of the
Transferor. This Agreement shall, once upon being effective, constitute a legal, valid and binding obligations upon Transferor which will be enforced under the terms hereof. 

 

	 	(e)	 There is no litigation, claim, action, arbitration, administrative proceedings or other legal proceedings
pending, threatened to have or likely to encounter which are imposing or may impose any adverse impact on, delay in, restriction or obstruction from the performance of its obligations hereunder by the Transferor. 

 

	 	(f)	 All records, documents and materials delivered to the Transferee by the Transferor under this Agreement shall
be true and complete, and faithfully reflect the Subject Matters as they are as at the Closing Date. 

  

	 	(g)	 Transferor warrants that the Subject Matters as listed in Annex I shall not procure the Transferee to assume
any debt and contingent liabilities which are not provided herein. 

  

	 	(h)	 As of the date of this Agreement, the Transferor is not insolvent or incapable of repaying any debt due, has no
administrative order or court order pending against it, nor has a receiver appointed for all or part of its assets. 

  

	 	(i)	 All and any accounting materials and financial information (if any) provided by the Transferor to the
Transferee are true and reliable without any false or misleading statements of any kind. 

  

	 	(j)	 Transferor is not involved in any litigation, arbitration or other circumstances directly related to the
Subject Matters under which it may be held liable by law. 

  

	 	(k)	 The title to Subject Matters as listed in Annex I shall be vested in the Transferee in full as of the Closing
Date, sand the Transferee shall be entitled to apply for the registration of trademark, software copyright and other intellectual property rights, unless approval from, filing and registration with competent government authorities are required by
laws of China. 

  

	 	(l)	 For the purpose of matters set forth in this Agreement, the Transferor has obtained the written consents and
approvals from all third parties, including but not limited to creditors and competent Chinese government departments. 

  

	 	(m)	 All representations and warranties made by the Transferor herein are true, complete and accurate.

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	7

	 	2.	 Representations and Warranties of the Transferee 

 

	 	(a)	 Transferee is a wholly foreign-owned enterprise legally incorporated and existing under laws of China.

  

	 	(b)	 Transferee has obtained all approvals and authorities as necessary for the execution and performance of this
Agreement. The performance of its obligations hereunder by the Transferee will not violate any laws, regulations, rules and regulatory documents of the People’s Republic of China or the Articles of Association of the Transferee.

  

	 	(c)	 This Agreement shall, once upon being effective, constitute a legal, valid and binding obligations which shall
be enforced under the terms hereof. 

  

	 	(d)	 All representations and warranties made by the Transferee herein are true, complete and accurate.

 V. Termination, Liability for Breach and Indemnity 
  

	 	1.	 If either Party (“Breaching Party”) breaches its obligations under this Agreement, the other
Party (“Non-breaching Party”) may send a written notice to the Breaching Party requesting it to correct such breach. The Breaching Party shall cease its breach within thirty (30) days as
of receipt of such notice and indemnify the Non-breaching Party for all losses arising therefrom; if the Breaching Party continues its breach within the said time limit, then the
Non-breaching Party shall have the right to (1) terminate this Agreement unilaterally; or (2) request the Breaching Party to continue performing its obligations hereunder; in either case, the Non-breaching Party is entitled to claim against the Breaching Part for all losses arising therefrom. 

  

	 	2.	 Any waiver or release granted for any breach committed by the Breaching Party or delay in exercise of its
rights under laws or this Agreement by the Non-breaching Party shall not constitute a waiver of its rights by the Non-breaching Party. 

 

	 	3.	 The Transferor shall indemnify, defend and hold the Transferee, any of its officers, managers, directors,
members, representatives, agents and employees harmless from and against all and any claims, indemnities, damages, liabilities, expenses and fees, including but not limited to any reasonable legal fees, arising from any lawsuit or legal proceeding
between Indemnifying Party and Indemnified Party, or Indemnified Party and any third party due to (i) breach by Transferor of its statutory or contractual warranties, representations or other arrangements hereunder, or (ii) a dispute
raised or an action taken by a third party in respect of Subject Matters. 

  

	 	4.	 The provisions of this Article V shall survive the termination of this Agreement. 

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	8

 VI. Exemptions 

If either Party fails to perform or fully perform any of its obligations under this Agreement as a result of a force majeure event (such as
earthquake, typhoon, flood, fire, war and administrative interference by government), such defaulting Party is exempted from liability for breach. 
 V.
Amendment and Change 
 Any amendment and change to this Agreement and Annex(es) attached hereto shall not be valid unless otherwise
agreed herein and with a written agreement signed by the parties. 
 VIII. Annex 

Annexes to this Agreement shall be a formal and inseparable part of this Agreement and have the same legal effect as this Agreement. 

IX. Effect 
 This Agreement shall come
into effect as of the date of execution hereof. 
 X. Governing Law 

The execution, effect, interpretation, performance, dispute resolution of and other matters in connection with this Agreement shall be governed
by the laws of the People’s Republic of China. 
 XI. Dispute Resolution 

Any dispute arising from or in connection with this Agreement shall be resolved by the Parties through friendly consultation. If they fail to
resolve it, any Party may submit the dispute to China International Economic and Trade Arbitration Commission for arbitration in accordance with its arbitration rules in effect then. The arbitration shall take place in Beijing and in Chinese. The
arbitration award shall be final and binding upon the Parties. 
 XII. Severability 

If any provisions hereof is held invalid or unenforceable due to inconsistency with applicable laws, such term shall be deemed to be invalid
only within the extent of its application, and shall not affect the legal effect of other terms hereof. 

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	9

 XIII. Notification 
  

	 	1.	 Unless there is a written notice to alter the addresses below, the notices hereunder shall be delivered to the
following addresses and fax number by hand, fax or via registered mail. Notice shall be deemed to have been served on the date of receipt stated on the return receipt if sent by a registered mail; or on the day following the date of sending if by
hand or fax; in case of by fax, the original copy of such notice shall be sent by a registered mail or by hand immediately upon sending: 

Transferor: Hangzhou Qunhe Information Technology Co., Ltd. 

Address: *** 
 Tel.: *** 

Atten.: Xiaohuang Huang 

Transferee: Hangzhou Yunjiazhuang Network Technology Co., Ltd. 

Address: *** 
 Tel.: *** 

Atten.: Xiaohuang Huang 
  

	 	2.	 Either Party shall give a seven (7)-business-day notice to the other
Party in writing of any change to its address, contact, telephone numbers, fax and other details above. 

 XIV. Entire Agreement

 In addition to any written amendments, supplements or modifications hereto made after execution hereof, this Agreement shall
constitute the entire agreement between the Parties in respect of the subject matter hereof, and shall supersede any previous oral or written negotiations, representations and contracts made for the same subject matter (including Original Transfer
Agreement, 2nd Transfer Agreement and 3rd Transfer Agreement). 
 XV. Miscellaneous 

 

	 	1.	 Transferor undertakes and confirms that, after the Closing Date, 

 

	 	(a)	 For any Intellectual Property developed either independently or together with the Transferee by the Transferor,
it warrants to apply for registration of the same in the name of the Transferee, unless such right is waived by the Transferee in writing; 

  

	 	(b)	 For any Intellectual Property developed by the Transferor with a third party, it warrants that any right vested
in it with respect to such Intellectual Property shall be owned by the Transferee and to apply for registration of the same in the name of the Transferee, unless such right is waived by the Transferee in writing; 

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	10

	 	(c)	 If the registration of any Intellectual Property is applied for in the name of the Transferor for whatsoever
reason, then the Transferor shall promptly transfer the Intellectual Property so applied to the Transferee or any third party specified by the Transferee, unless such right is waived by the Transferee in writing. 

 

	 	2.	 The Parties may enter into a supplementary agreement in writing. Any supplementary agreement relating to this
Agreement duly signed by the Parties shall be an integral part of this Agreement and have the same legal effect as this Agreement. 

  

	 	3.	 This Agreement shall be made in Chinese. This Agreement may be made in one or several counterparts, each of
which shall have the same legal effect. 

 [The remainder of this page is intentionally left blank] 

  

			
	The Fourth Amended and Restated Intellectual Property Transfer Agreement	  	11

 This is the signature page 

Hangzhou Qunhe Information Technology Co., Ltd. (Official Seal) 

/s/Hangzhou Qunhe Information Technology Co., Ltd. 
  

	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal Representative

 Hangzhou Yunjiazhuang Network Technology Co., Ltd. (Official Seal) 

/s/Hangzhou Yunjiazhuang Network Technology Co., Ltd. 
  

	
	Signature: /s/Xiaohuang Huang
	Name: Xiaohuang Huang
	Title: Legal Representative

 Hangzhou Qunhe Information Technology Co., Ltd. 

Signature Page of the Fourth Amended and Restated Intellectual Property Transfer Agreement

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