Document:

Exhibit 4.52

 

Confidential

	
 
    	
 
    	
 
    

 

AMENDED AND RESTATED SHAREHOLDERS’ VOTING

 

RIGHTS ENTRUSTMENT AGREEMENT

 

Regarding

 

BEIJING HUAQIANSHU INFORMATION TECHNOLOGY CO., LTD.

	
 
    	
 
    	
 
    

 

By and among

 

BEIJING MIYUAN INFORMATION TECHNOLOGY CO., LTD.

 

BEIJING HUAQIANSHU INFORMATION TECHNOLOGY CO., LTD.

 

And

 

HAIYAN GONG

 

XU LIU

 

And Others

 

March 1, 2014

 

 

AMENDED AND RESTATED SHAREHOLDERS’ VOTING

 

RIGHTS ENTRUSTMENT AGREEMENT

 

This AMENDED AND RESTATED SHAREHOLDERS’ VOTING RIGHTS ENTRUSTMENT AGREEMENT (the “Agreement”) is entered into on March 1, 2014 in Beijing, the People’s Republic of China (“China” or “PRC”) by and among the following Parties:

 

(1)             BEIJING MIYUAN INFORMATION TECHNOLOGY CO., LTD. (“Beijing Miyuan”)

Registered address: South of 04-00 & 01, 14F, No.35 Anding Road, Chaoyang District, Beijing

Legal representative: Linguang WU

 

(2)             BEIJING HUAQIANSHU INFORMATION TECHNOLOGY CO., LTD. (“Beijing Huaqianshu”)

Registered address: Room 3035, No.3 Zhangzhen Industry Park Road, Shunyi District, Beijing

Legal representative: Linguang WU

 

(3)             HAIYAN GONG

 

 

(4)             XU LIU

 

 

(5)             YONGQIANG QIAN

 

 

(6)             CHENG LI

 

(7)             FUPING YU

 

 

(8)             QINGJUN ZHU

 

 

(Above individuals are hereinafter collectively referred to as the “Shareholders” and individually as a “Shareholder”.)

 

WHEREAS:

 

1.                  The Shareholders are the entire existing shareholders of Beijing Huaqianshu, and legally hold all the equity interests in Beijing Huaqianshu;

 

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2.                  On February 17, 2011, the Shareholders, Beijing Huaqianshu and Beijing Miyuan entered into the Shareholders’ Voting Rights Entrustment Agreement (hereafter “Original Entrustment Agreement”), pursuant to which the Shareholders entrust the individual designated by Beijing Miyuan to exercise their respective voting rights in Beijing Huaqianshu in respect of their respective equity interests in Beijing Huaqianshu; on May 6, 2011, the Shareholders, Beijing Huaqianshu, Beijing Miyuan, Miyuan (Shanghai) Information Technology Co., Ltd. (hereafter “Shanghai Miyuan”) entered into the Contract Transfer Agreement (“Contract Transfer Agreement”), pursuant to which Beijing Miyuan transfers all its rights and obligations under the Original Entrustment Agreement to Shanghai Miyuan, and the Shareholders and Beijing Huaqianshu consent to such transfer.

 

3.                  Now, subject to the consent of Beijing Miyuan, Beijing Huaqianshu, the Shareholders and Shanghai Miyuan, Shanghai Miyuan transfers all its rights and obligations under the Original Entrustment Agreement back to Beijing Miyuan, and agrees to make amendments and restatements to the Original Entrustment Agreement. Such amended and restated agreement, i.e. this Agreement, once executed, supersedes and replaces any and all prior agreements or other legal documents, including, but not limited to the Original Entrustment Agreement, entered into by and among all the parties thereto regarding the entrustment of the shareholders’ voting rights in Beijing Huaqianshu.

 

NOW, THEREFORE, upon friendly negotiations, the Parties hereby agree to amend and restate the Original Entrustment Agreement as follows:

 

ARTICLE I. ENTRUSTMENT OF VOTING RIGHTS

 

1.1       The Shareholders hereby irrevocably warrant that they will authorize Haiyan Gong (the “Authorized Person”) to exercise the following rights enjoyed by each of the Shareholders as the shareholders of Beijing Huaqianshu as granted by the articles of association of Beijing Huaqianshu then in effect (collectively the “Authorized Rights”):

 

(1)                             attending the shareholders’ meeting of Beijing Huaqianshu as the representative of each Shareholder;

 

(2)                             representing each Shareholder to vote for all the matters that shall be discussed and resolved by the shareholders’ meeting (including but not limited to appointment and election of senior management of Beijing Huaqianshu such as directors, general manager and so on);

 

(3)                             proposing the convention of the extraordinary shareholders’ meeting;

 

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(4)                             any shareholders’ rights as specified by laws; and

 

(5)                             other shareholders’ voting rights under the articles of association of Beijing Huaqianshu (including any other shareholders’ voting rights as provided in such amended articles of association).

 

1.2          The precondition for the above authorization and entrustment is that the Authorized Person shall be a Chinese citizen and that Beijing Miyuan consents to the above authorization and entrustment. Only when Beijing Miyuan delivers written notice to the Shareholders requiring replacement of the Authorized Person, shall the Shareholders promptly revoke the authorization to the existing Authorized Person hereunder and authorize the Chinese citizen otherwise designated by Beijing Miyuan to exercise the Authorized Rights according to this Agreement, and the new authorization and entrustment, once made, shall supersede the original authorization and entrustment; except for the above circumstance, the Shareholders shall not revoke the authorization and entrustment granted to the Authorized Person.

 

1.3           The Authorized Person shall perform the entrusted obligations within the scope of the authorization under this Agreement in a prudent and diligent manner.  The Shareholders shall acknowledge and be liable for any legal consequences arising from the exercise of any of the Authorized Rights by the Authorized Person.

 

1.4       The Shareholders hereby confirm that the Authorized Person does not need to seek the opinion from the Shareholders before exercising the above Authorized Rights.  However, after each resolution is adopted or the proposal for convention of extraordinary shareholders’ meeting is made, the Authorized Person shall notify the Shareholders regarding such promptly.

 

ARTICLE II. RIGHT TO INFORMATION

 

For the purpose of exercising the Authorized Rights hereunder, the Authorized Person shall be entitled to have access to various information of Beijing Huaqianshu such as the operation, business, clients, finance, employees of the company, and the relevant materials of Beijing Huaqianshu (including but not limited to any accounts, financial statements, contracts, internal correspondences, meeting minutes of board of directors and other documents related to the finance, business and operation), and Beijing Huaqianshu shall fully cooperate with the exercising of the above rights by the Authorized Person.

 

ARTICLE III. EXERCISE OF THE AUTHORIZED RIGHTS

 

3.1       The Shareholders shall provide full assistance to the exercise of the Authorized Rights by the Authorized Person, including promptly executing the shareholders’ resolution of Beijing Huaqianshu as adopted by the Authorized Person or other relevant legal

 

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documents when necessary (including for satisfying the documentation requirements for government approvals, registrations and filings).

 

3.2       In case at any time during the term of this Agreement, the grant or exercise of the Authorized Rights hereunder cannot be realized for any reason (except for default by the Shareholders or Beijing Huaqianshu), the Parties shall promptly seek the alternative arrangement most similar to the provision that cannot be realized, and execute a supplementary agreement amending or adjusting the provisions of this Agreement when necessary, so as to ensure the sustainable realization of the purpose of this Agreement.

 

ARTICLE IV. EXEMPTION AND INDEMNITY

 

4.1       The Parties acknowledge that Beijing Miyuan shall not be required to be liable to or make any economic or other indemnity to other Parties or any third party due to the exercise of the Authorized Rights by the Authorized Person under this Agreement.

 

4.2       Beijing Huaqianshu and the Shareholders agree to indemnify and hold harmless Beijing Miyuan and the Authorized Person from all losses incurred or may be incurred due to the exercise of the Authorized Rights by the Authorized Person, including but not limited to any losses caused by lawsuits, demands, arbitrations, claims initiated by any third parties or administrative investigations initiated and penalties imposed by government agencies.  If such losses are due to Beijing Miyuan’s deliberate action or gross negligence, such losses shall be excluded from such indemnity.

 

ARTICLE V.  REPRESENTATIONS AND WARRANTIES

 

5.1       The Shareholders hereby severally and jointly represent and warrant as follows:

 

5.1.1                             Each of the Shareholders is a Chinese citizen with full civil capacity, full and independent legal status and legal capacity, and may act as an eligible party to litigation independently.

 

5.1.2                             The Shareholders have the full power and authorization to execute and deliver this Agreement and all other documents relevant to the contemplated transaction hereunder to be executed by them, and to consummate the contemplated transaction hereunder.

 

5.1.3                             This Agreement shall be legally and duly executed and delivered by the Shareholders.  This Agreement shall constitute legal and binding obligation upon the Shareholders, and can be enforced against the Shareholders in accordance with this Agreement.

 

5.1.4                             The Shareholders are the registered legal shareholders of Beijing

 

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Huaqianshu when this Agreement comes into effect.  Except for the rights created under this Agreement, the Amended and Restated Equity Pledge Agreement by and among the Shareholders and Beijing Miyuan, and the Amended and Restated Exclusive Purchase Option Agreement by and among the Shareholders, Beijing Huaqianshu and Beijing Miyuan, the Authorized Rights shall be free of any third party rights.  Pursuant to this Agreement, the Authorized Person may completely and fully exercise the Authorized Rights in accordance with the articles of association of Beijing Huaqianshu then in effect.

 

5.2       Beijing Miyuan and Beijing Huaqianshu hereby respectively represent and warrant as follows:

 

5.2.1                             Each of Beijing Miyuan and Beijing Huaqianshu is a limited liability company duly registered and existing under the PRC Laws with independent legal person status.  Each of Beijing Miyuan and Beijing Huaqianshu has full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act as an eligible party to litigation independently.

 

5.2.2                             Each of Beijing Miyuan and Beijing Huaqianshu has the full internal corporate power and authorization to execute and deliver this Agreement and all other documents relevant to the contemplated transaction to be executed by it, and to consummate the contemplated transaction.

 

5.3       Beijing Huaqianshu further represents and warrants that the Shareholders are the entire registered and legal shareholders of Beijing Huaqianshu when this Agreement comes into effect.  Pursuant to this Agreement, the Authorized Person may completely and fully exercise the Authorized Rights in accordance with the articles of association of Beijing Huaqianshu then in effect.

 

ARTICLE VI. TERM OF THE AGREEMENT

 

6.1       This Agreement shall become effective upon the execution by the Parties and shall be valid until February 16, 2021; unless terminated earlier pursuant to the Parties’ written agreement, or in accordance with Article 8.1 of this Agreement. Prior to the expiration of this Agreement, if any Party requests for an extension of this Agreement, the Parties shall conduct negotiation in good faith. If a mutual agreement is reached, the Parties shall enter into a separate Shareholders’ Voting Rights Entrustment Agreement in accordance with the agreed terms, otherwise the term of this Agreement shall automatically be extended for ten years and the Parties shall continue with the performance of this Agreement.

 

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6.2       In the event any Shareholder transfers all of his/her equity interests in Beijing Huaqianshu upon prior consent of Beijing Miyuan, such Shareholder shall no longer be a Party to this Agreement, but the obligations and warrants of the other Parties hereunder shall not be so adversely affected.

 

ARTICLE VII. NOTICE

 

7.1       All notices, requests, demands and other correspondences required by or in accordance with this Agreement shall be delivered to the relevant Party in writing.

 

7.2       The above notices or other correspondences shall be deemed to be properly delivered upon sending when delivered through fax or telegraph, upon delivered in person when personally delivered, or at the fifth (5th) day of mailing if sent by mail.

 

ARTICLE VIII. DEFAULT LIABILITIES

 

8.1       The Parties agree and acknowledge that, in the event that a Party (the “Defaulting Party”) substantially violates any of the agreements hereunder or fails to perform any of its obligations hereunder substantially, it shall constitute a default under this Agreement (the “Default”).  Any of the non-defaulting parties (the “Non-defaulting Party”) shall be entitled to request the Defaulting Party to rectify the Default or take remedial measures within a reasonable period.  In the event that the Defaulting Party fails to rectify the Default or take remedial measures within a reasonable period or within ten (10) days after a written notice sent by the Non-defaulting Party to the Defaulting Party requesting for the rectification, and if the Defaulting Party is any of the Shareholders or Beijing Huaqianshu, the Non-defaulting Party shall be entitled to determine, at its sole discretion, to: (1) terminate this Agreement and request the Defaulting Party to indemnify all losses incurred by the Non-defaulting Party, or (2) request the Defaulting Party to continue to perform its obligations hereunder and indemnify all losses incurred by the Non-defaulting Party; if the Defaulting Party is Beijing Miyuan, the Non-defaulting Party shall be entitled to request the Defaulting Party to continue to perform its obligations hereunder and to indemnify all losses incurred by the Non-defaulting Party.

 

8.2       The Parties agree and acknowledge that the Shareholders or Beijing Huaqianshu shall not request to early terminate this Agreement for any reason under any circumstances, except otherwise required under the law or under this Agreement.

 

8.3       Notwithstanding any other provisions hereunder, this Article shall survive the suspension or termination of this Agreement.

 

ARTICLE IX. MISCELLANEOUS

 

9.1       This Agreement shall be signed in eight (8) originals in Chinese. Each original shall

 

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have equal legal force, and each Party shall retain one (1) original of this Agreement in each language.

 

9.2      The conclusion, validity, performance, amendment, interpretation and termination of this Agreement shall be governed by the laws of the People’s Republic of China.

 

9.3       Any dispute arising out of or relating to this Agreement shall be settled by the disputing Parties through consultation. In case the disputing Parties fail to reach an agreement within thirty (30) days of the dispute, such dispute shall be submitted to the China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration in Beijing in accordance with the arbitration rules of CIETAC then in effect.  The arbitration award shall be final and binding upon the disputing Parties.

 

9.4       Any right, power and remedy granted to a Party under any provision of this Agreement shall not preclude any other right, power or remedy such Party is entitled to under any laws or regulations or any other provision of this Agreement.  The exercise of its right, power and remedy by a Party shall not preclude the exercise of any other right, power and remedy that such Party is entitled to.

 

9.5       Any Party’s failure or delay in exercising any of its right, power and remedy (“Such Rights”) under this Agreement or laws shall not result in a waiver of Such Rights, nor shall any single or partial waiver of any Such Right preclude any exercise of Such Right in other manner or the exercise of any other Such Rights by such Party.

 

9.6       The headings in this Agreement shall be for reference purpose only and shall not be used for or affect the construction of the Agreement in any event.

 

9.7       Each provision of this Agreement shall be severable and independent of each of the other provision.  In the event that one or several provisions of this Agreement become invalid, illegal or unenforceable at any time, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected.

 

9.8       Any amendment or supplement to this Agreement shall be made in writing, and shall take effect after duly executed by the Parties.

 

9.9       Without prior written consent of the other Parties, any Party shall not transfer any of its rights and/or obligations under this Agreement to any third party.

 

9.10 This Agreement shall be binding upon the legal successor of each Party.

 

[Remainder of this page is intentionally left blank]

 

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[Signature Page]

 

IN WITNESS WHEREOF, this Amended and Restated Shareholders’ Voting Rights Entrustment Agreement has been duly executed by the Parties as of the date and at the place first above written

 

	
 
    	
 
    
	
BEIJING MIYUAN INFORMATION TECHNOLOGY CO., LTD.
    	
BEIJING HUAQIANSHU INFORMATION TECHNOLOGY CO., LTD.
    
	
 
    	
 
    
	
(Company seal) [Seal: Beijing Miyuan Information Technology Co.,   Ltd.]
    	
(Company   seal) [Seal: Beijing Huaqianshu Information Technology Co., Ltd.]
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Signature:
    	
 
    	
 
    	
Signature:
    	
 
    
	
Name:
    	
 
    	
 
    	
Name:
    	
 
    
	
Title:
    	
 
    	
 
    	
Title:
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Haiyan Gong
    	
 
    	
Xu LIU
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Signature:
    	
/s/   Haiyan Gong
    	
 
    	
Signature:
    	
/s/   Xu Liu
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Yongqiang QIAN
    	
 
    	
Qingjun ZHU
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Signature:
    	
/s/   Yongqiang Qian
    	
 
    	
Signature:
    	
/s/   Qingjun Zhu
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Cheng LI
    	
 
    	
Fuping Yu
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Signature:
    	
/s/   Cheng Li
    	
 
    	
Signature:
    	
/s/   Fuping Yu
    

 

Signature page of Amended and Restated Shareholders’ Voting Rights Entrustment Agreement – Beijing HuaqianshuExhibit 4.53

 

Confidential

 

 

AMENDED AND RESTATED EXCLUSIVE PURCHASE OPTION AGREEMENT

 

Regarding

 

BEIJING HUAQIANSHU INFORMATION TECHNOLOGY CO., LTD.

 

 

By and among

 

HAIYAN GONG

 

XU LIU

 

AND OTHERS

 

BEIJING MIYUAN INFORMATION TECHNOLOGY CO., LTD.

 

And

 

BEIJING HUAQIANSHU INFORMATION TECHNOLOGY CO., LTD.

 

March 1, 2014

 

 

AMENDED AND RESTATED EXCLUSIVE PURCHASE OPTION AGREEMENT

 

This AMENDED AND RESTATED EXCLUSIVE PURCHASE OPTION AGREEMENT (this “Agreement”) is entered into on March 1, 2014 in Beijing, the People’s Republic of China (“China” or “PRC”) by and among the following parties:

 

1.                          HAIYAN GONG, a citizen of China

 

2.                          XU LIU, a citizen of China

 

3.                          YONGQIANG QIAN, a citizen of China

 

4.                          CHENG LI, a citizen of China

 

5.                          FUPING YU, a citizen of China

 

6.                          QINGJUN ZHU, a citizen of China

 

(The above individuals are hereinafter individually and collectively referred to as the “Existing Shareholder(s)”.)

 

7.                          BEIJING MIYUAN INFORMATION TECHNOLOGY CO., LTD. (“Beijing Miyuan”)

 

Registered address: South of 04-00 & 01, 14F, No.35 Anding Road, Chaoyang District, Beijing;

 

8.                          BEIJING HUAQIANSHU INFORMATION TECHNOLOGY CO., LTD. (“Beijing Huaqianshu”)

 

Registered address: Room 3035, No.3 Zhangzhen Industry Park Road, Shunyi District, Beijing.

 

(For the purpose of this Agreement, the above parties are hereinafter individually referred to as a “Party” and collectively as the “Parties”.)

 

WHEREAS:

 

(1)             The Existing Shareholders are the registered shareholders of Beijing Huaqianshu and legally hold all the equity interests in Beijing Huaqianshu, whose capital contribution and shareholding percentages in Beijing Huaqianshu as of the date hereof are set forth in Exhibit I.

 

(2)             On February 17, 2011, the Existing Shareholders, Beijing Huaqianshu and Beijing

 

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Miyuan entered into the Exclusive Purchase Option Agreement regarding the exclusive equity transfer option matter of Beijing Huaqianshui (hereafter “Original Purchase Option Agreement”), pursuant to which the Existing Shareholders jointly grant Beijing Miyuan on an exclusive basis an irrevocable equity transfer option (hereafter “Equity Transfer Option”). Pursuant to such Equity Transfer Option, to the extent being permitted by PRC Laws and at the request of Beijing Miyuan, the Existing Shareholders shall transfer all their respective equity interests in Beijing Huaqianshu to Beijing Miyuan and/or any other entity or individual designated by Beijing Miyuan.

 

(3)             On May 6, 2011, the Existing Shareholders, Beijing Huaqianshu, Beijing Miyuan and Miyuan (Shanghai) Information Technology Co., Ltd. (hereafter “Shanghai Miyuan”) entered into the Contract Transfer Agreement (“Contract Transfer Agreement”), pursuant to which Beijing Miyuan transfers all its rights and obligations under the Original Purchase Option Agreement to Shanghai Miyuan, and the Existing Shareholders and Beijing Huaqianshu consent to such transfer.

 

(4)             Now, subject to the consent of the parties concerned and Shanghai Miyuan, Shanghai Miyuan transfers all its rights and obligations under the Original Purchase Option Agreement back to Beijing Miyuan, and agrees to make amendments and restatements to the Original Purchase Option Agreement. Such amended and restated agreement, i.e. this Agreement, once executed, supersedes and replaces any and all prior agreements or other legal documents, including, but not limited to the Original Purchase Option Agreement, entered into by and among all the parties thereto regarding the exclusive equity transfer option matter of Beijing Huaqianshu.

 

NOW, THEREFORE, upon friendly negotiations, the Parties hereby agree to amend and restate the Original Purchase Option Agreement as follows:

 

ARTICLE I. DEFINITIONS

 

1.1                   Unless otherwise provided according to the context, in this Agreement, the following terms shall have the meanings given below:

 

	
“Authorized Person”
    	
 
    	
has   the meaning as specified in Article 3.7 hereof.
    
	
 
    	
 
    	
 
    
	
“Business Licenses”
    	
 
    	
refers   to any approval, permit, filing, registration etc. required for Beijing   Huaqianshu to legally and effectively carry out its internet information   services and other businesses, including but not limited to the Business   License for Enterprise Legal Person, Tax Registration Certificate,   Telecommunication and Information Service
    

 

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Business   Operation License regarding the business operation of internet information   service which has been obtained or is being applied by Beijing Huaqianshu,   filing of computer network security and other relevant permits and licenses   as required by PRC Laws then in effect.
    
	
 
    	
 
    	
 
    
	
“Confidential Information”
    	
 
    	
has   the meaning as specified in Article 8.1 hereof.
    
	
 
    	
 
    	
 
    
	
“Defaulting Party”
    	
 
    	
has   the meaning as specified in Article 11.1 hereof.
    
	
 
    	
 
    	
 
    
	
“Default”
    	
 
    	
has   the meaning as specified in Article 11.1 hereof.
    
	
 
    	
 
    	
 
    
	
“Exercise Notice”
    	
 
    	
has   the meaning as specified in Article 3.5 hereof.
    
	
 
    	
 
    	
 
    
	
“Beijing Huaqianshu’s Registered Capital”
    	
 
    	
refers   to the registered capital of RMB1 million of Beijing Huaqianshu as of the   date hereof, and any increased registered capital as a result of capital   increase during the term of this Agreement.
    
	
 
    	
 
    	
 
    
	
“Beijing Huaqianshu’s Assets”
    	
 
    	
refers   to all tangible and intangible assets that Beijing Huaqianshu owns or has the   right to use during the term of this Agreement, including but not limited to   any real properties, personal properties, as well as intellectual properties   such as trademarks, copyrights, patents, proprietary technologies, domain   names, software use rights.
    
	
 
    	
 
    	
 
    
	
“Material Agreements”
    	
 
    	
refers   to agreements to which Beijing Huaqianshu is a party and which has material   effect on Beijing Huaqianshu’s business or assets, including but not limited   to the Amended and Restated Exclusive Technology License and Services   Agreement by and between Beijing Huaqianshu and Beijing Miyuan and other   agreements regarding the business of Beijing Huaqianshu.
    

 

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“Non-defaulting Party”
    	
 
    	
has   the meaning as specified in Article 11.1 hereof.
    
	
 
    	
 
    	
 
    
	
“Option Equity Interests”
    	
 
    	
with   respect to each of the Existing Shareholders, refers to all of his/her equity   interests in Beijing Huaqianshu’s Registered Capital; with respect to all of   the Existing Shareholders, refers to 100% of the equity interests in Beijing   Huaqianshu’s Registered Capital.
    
	
 
    	
 
    	
 
    
	
“PRC Laws”
    	
 
    	
refers   to the laws, administrative regulations, administrative rules, local   regulations, judicial interpretations and other binding regulatory   instruments of China then in effect.
    
	
 
    	
 
    	
 
    
	
“Power of Attorney”
    	
 
    	
has   the meaning as specified in Article 3.7 hereof.
    
	
 
    	
 
    	
 
    
	
“Such Right”
    	
 
    	
has   the meaning as specified in Article 12.5 hereof.
    
	
 
    	
 
    	
 
    
	
“Shareholding Percentage Cap”
    	
 
    	
has   the meaning as specified in Article 3.2 hereof.
    
	
 
    	
 
    	
 
    
	
“Transferred Equity Interests”
    	
 
    	
refers   to the equity interests in Beijing Huaqianshu that Beijing Miyuan is entitled   to request any or both of the Existing Shareholders to transfer to Beijing   Miyuan or any of its designated entity or individual according to   Article 3.2 hereof when Beijing Miyuan exercises its Purchase Option   (the “Exercise”), the amount of   which may be all or part of the Option Equity Interests, to be determined in   the sole discretion by Beijing Miyuan according to the PRC Laws then in   effect and its own commercial considerations.
    
	
 
    	
 
    	
 
    
	
“Transfer Price”
    	
 
    	
refers   to, in accordance with Article IV hereof, all the consideration which   shall be paid by Beijing Miyuan or its designated entity or individual to the   Existing Shareholders for acquiring the Transferred Equity Interests upon   each Exercise.
    

 

1.2                  Reference to any PRC Laws hereunder shall be deemed to include:

 

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(1)                                 any amendments, changes, extensions and reenactment pertaining to such PRC Laws, whether the effective dates of which are prior to or after the date of this Agreement; and

 

(2)                                 any other decisions, notices and regulations promulgated in accordance with or taking effect as a result of such PRC Laws.

 

1.3                   Unless otherwise provided in the context hereof, references to the articles, clauses, items and paragraphs in this Agreement shall mean the corresponding articles, clauses, items and paragraphs of this Agreement.

 

ARTICLE II. GRANT OF PURCHASE OPTION

 

2.1                   The Existing Shareholders hereby jointly and severally agree to irrevocably and unconditionally grant to Beijing Miyuan an exclusive Purchase Option, pursuant to which Beijing Miyuan shall be entitled, subject to PRC Laws, to request the Existing Shareholders to transfer the Option Equity Interests to Beijing Miyuan or other entity or individual designated by Beijing Miyuan in accordance with this Agreement.  Beijing Miyuan hereby agrees to accept such Purchase Option.

 

2.2                   Beijing Huaqianshu hereby agrees to the grant of such Purchase Option to Beijing Miyuan by the Existing Shareholders in accordance with Article 2.1 above and other provisions of this Agreement.

 

ARTICLE III. EXERCISE

 

3.1                   To the extent as allowed under the PRC Laws, Beijing Miyuan shall have the absolute sole discretion as to determine the timing, method and number of times of its Exercise.

 

3.2                   In the event that the PRC Laws then in effect allow Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan to hold all the equity interests in Beijing Huaqianshu, Beijing Miyuan shall have the right to choose to exercise all of its Purchase Option at one time, pursuant to which Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan will purchase all of the Option Equity Interests from the Existing Shareholders at one time; in the event that the PRC Laws then in effect only allow Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan to hold part of the equity interests in Beijing Huaqianshu, Beijing Miyuan shall have the right to determine the amount of the Transferred Equity Interests which shall not exceed the upper limit of the shareholding percentage as provided by PRC Laws then in effect (the “Shareholding Percentage Cap”), pursuant to which Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan will purchase such amount of the

 

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Transferred Equity Interests from the Existing Shareholders.  Under the latter circumstance, with the gradual increase of the Shareholding Percentage Cap allowed under the PRC Laws, Beijing Miyuan shall have the right to exercise its Purchase Option for more than one time accordingly, so as to ultimately obtain all of the Option Equity Interests.

 

3.3                   Upon each Exercise, Beijing Miyuan shall have the right to determine at its sole discretion the amount of the Transferred Equity Interests that shall be transferred by the Existing Shareholders to Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan under such Exercise, and the Existing Shareholders shall transfer the Transferred Equity Interests in the amount determined by Beijing Miyuan to Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan respectively.  Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan shall pay the Transfer Price for the acquired Transferred Equity Interests to the Existing Shareholders who sell such Transferred Equity Interests under each Exercise.

 

3.4                   Upon each Exercise, Beijing Miyuan may purchase the Transferred Equity Interests on its own or designate any third party to purchase all or part of the Transferred Equity Interests

 

3.5                   After Beijing Miyuan determines to exercise its Purchase Option, it shall deliver a notice on Exercise of Purchase Option to the Existing Shareholders (the “Exercise Notice”, a form of which is set forth in Exhibit II attached hereto).  After receiving the Exercise Notice, the Existing Shareholders shall, according to the Exercise Notice, promptly transfer the Transferred Equity Interests to Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan at one time in the manner as provided in Article 3.3 hereof.

 

3.6                   The Existing Shareholders hereby severally and jointly covenant and guarantee, once Beijing Miyuan delivers the Exercise Notice, the Existing Shareholders shall:

 

(1)                                 promptly convene the shareholders’ meeting and adopt shareholders’ resolution and carry out all other necessary actions to approve the transfer of all the Transferred Equity Interests to Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan at the Transfer Price;

 

(2)                                 promptly execute the equity transfer agreement with Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan regarding the transfer of all the Transferred Equity Interests to Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan at the Transfer Price; and

 

(3)                                 pursuant to Beijing Miyuan’s request and the provisions of laws and regulations, provide necessary assistance to Beijing Miyuan (including the

 

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provision and execution of all relevant legal documents, performance of all necessary procedures of government approvals and registrations and all relevant obligations), so as to ensure Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan can obtain all of the Transferred Equity Interests without legal defects.

 

3.7                   Upon execution of this Agreement, the Existing Shareholders shall each execute a power of attorney (the “Power of Attorney”, form of which is set forth in Exhibit III attached hereto), authorizing in writing any person appointed by Beijing Miyuan (the “Authorized Person”) to represent the Existing Shareholders to execute any and all necessary legal documents according to this Agreement, so as to ensure Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan can obtain all of the Transferred Equity Interests without legal defects.  Such Power of Attorney shall be kept in Beijing Miyuan’s custody, and where necessary, Beijing Miyuan may request at any time the Existing Shareholders to execute multiple counterparts of such Power of Attorney and submit such to the relevant government authorities.  Only when Beijing Miyuan delivers written notice to the Existing Shareholders requesting replacement of the Authorized Person, shall the Existing Shareholders promptly revoke the authorization to the existing Authorized Person and authorize the Authorized Person otherwise appointed by Beijing Miyuan to represent the Existing Shareholders to execute any and all necessary legal documents according to this Agreement, and the new Power of Attorney, once executed, shall supersede the original Power of Attorney; except for the above circumstance, the Existing Shareholders shall not revoke the Power of Attorney made to the Authorized Person.

 

ARTICLE IV. TRANSFER PRICE

 

Upon each Exercise by Beijing Miyuan, the Transfer Price to be paid by Beijing Miyuan or the entity or individual designated by Beijing Miyuan to the Existing Shareholders shall be the amount of Beijing Huaqianshu’s Registered Capital at that time multiplying by the percentage of the Transferred Equity Interests in the total equity interests of Beijing Huaqianshu, or the price otherwise agreed by the Parties in writing.  In the event there is any compulsory requirement provided by PRC Laws then in effect with respect to the Transfer Price, Beijing Miyuan or the entity or individual designated by Beijing Miyuan shall be entitled to purchase the Transferred Equity Interests at a Purchase Price which is the lowest price allowed under the PRC Laws.

 

ARTICLE V. REPRESENTATIONS AND WARRANTIES

 

5.1                   The Existing Shareholders hereby severally and jointly represent and warrant as follows, and such representations and warranties shall remain in effect as if they are made upon the transfer of the Option Equity Interests.

 

7

 

5.1.1                     The Existing Shareholders are Chinese citizens with full civil capacity, full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act as an eligible party to litigationindependently.

 

5.1.2                     Beijing Huaqianshu is a limited liability company duly registered and existing under the PRC Laws with independent legal person status, full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act as an eligible party to litigation independently.

 

5.1.3                     The Existing Shareholders have the full power and authorization to execute and deliver this Agreement and all other documents relevant to the contemplated transaction hereunder to be executed by them, and to consummate the contemplated transaction hereunder.

 

5.1.4                     This Agreement shall be legally and duly executed and delivered by the Existing Shareholders.  This Agreement shall constitute legal and binding obligation upon the Existing Shareholders, and can be enforced against the Existing Shareholders in accordance with this Agreement.

 

5.1.5                     The Existing Shareholders are the registered legal owners of the Option Equity Interests when this Agreement comes into effect.  Except for the rights created under this Agreement, the Amended and Restated Equity Pledge Agreement by and among the Existing Shareholders and Beijing Miyuan, and the Amended and Restated Shareholders’ Voting Rights Entrustment Agreement by and among the Existing Shareholders, Beijing Miyuan and Beijing Huaqianshu, the Option Equity Interests shall be free of any lien, pledge, claim and other encumbrances and third party rights.  Pursuant to this Agreement, after the Exercise, Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan shall obtain the title to the Transferred Equity Interests which is in good standing and free of any lien, pledge, claim and other encumbrances and third party rights.

 

5.2                   Beijing Huaqianshu hereby represents and warrants as follows:

 

5.2.1                     Beijing Huaqianshu is a limited liability company duly registered and existing under the PRC Laws with independent legal person status.  Beijing Huaqianshu has full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act as an eligible party to litigation independently.

 

5.2.2                     Beijing Huaqianshu has the full internal corporate power and authorization to execute and deliver this Agreement and all other documents relevant to the contemplated transaction hereunder to be executed by it, and the full

 

8

 

power and authorization to consummate the contemplated transaction hereunder.

 

5.2.3                     This Agreement shall be legally and duly executed and delivered by Beijing Huaqianshu. This Agreement constitutes legal and binding obligation upon Beijing Huaqianshu.

 

5.2.4                     The Existing Shareholders are the entire registered legal shareholders of Beijing Huaqianshu as of the execution date of this Agreement.  Pursuant to this Agreement, after Exercise, Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan shall obtain the title to the Transferred Equity Interests which is in good standing and free of any lien, pledge, claim and other encumbrances and third party rights.

 

5.2.5                     Beijing Huaqianshu has been operated in accordance with laws since its establishment and there exists no violation or potential violation with the provisions or requirements by industry and commerce authority, tax authority, telecommunication authority, quality and technology supervision authority, labor and social security authority and any other government authorities, and there exists no Default dispute in relation to any contract either

 

5.3                   Beijing Miyuan hereby represents and warrants as follows:

 

5.3.1                     Beijing Miyuan is a wholly foreign-owned limited liability company duly registered and existing under the PRC Laws with independent legal person status.  Beijing Miyuan has full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act as a party to litigation independently.

 

5.3.2                     Beijing Miyuan has the full internal corporate power and authorization to execute and deliver this Agreement and all other documents relevant to the transactions contemplated hereunder to be executed by it, and the full power and authorization to consummate the contemplated transaction hereunder.

 

5.3.3                    This Agreement shall be legally and duly executed and delivered by Beijing Miyuan. This Agreement constitutes legal and binding obligations of Beijing Miyuan.

 

ARTICLE VI. UNDERTAKINGS OF EXISTING SHAREHOLDERS

 

The Existing Shareholders hereby severally undertake as follows:

 

6.1                   During the term of this Agreement, the Existing Shareholders shall take all

 

9

 

necessary measures to ensure that Beijing Huaqianshu is able to obtain in a timely manner all Business Licenses required to carry out its business operations and maintain all the Business Licenses in effect at any time.

 

6.2                   During the term of this Agreement, without the prior written consent of Beijing Miyuan:

 

6.2.1                     any of the Existing Shareholders shall not transfer or otherwise dispose of any Option Equity Interests or create any encumbrances or other third party rights thereon;

 

6.2.2                     any of the Existing Shareholders shall not increase or reduce Beijing Huaqianshu’s Registered Capital;

 

6.2.3                     any of the Existing Shareholders shall not dispose of or cause the management of Beijing Huaqianshu to dispose of any of Beijing Huaqianshu’s Assets (except for those during the ordinary business operation);

 

6.2.4                     any of the Existing Shareholders shall not terminate or cause the management of Beijing Huaqianshu to terminate any of the Material Agreements executed by Beijing Huaqianshu, or to enter into any other agreements in conflict with the existing Material Agreements;

 

6.2.5                     any of the Existing Shareholders shall not appoint or replace any directors, supervisors, or any other management personnel of Beijing Huaqianshu which may be appointed and removed by the Existing Shareholders;

 

6.2.6                     any of the Existing Shareholders shall not cause or approve Beijing Huaqianshu to declare any distribution of or actually distribute any distributable profits, dividends or dividend on shares;

 

6.2.7                     any of the Existing Shareholders shall ensure Beijing Huaqianshu being duly existing and not terminated, liquidated or dissolved;

 

6.2.8                     any of the Existing Shareholders shall not cause or approve Beijing Huaqianshu to amend its articles of association;

 

6.2.9                     any of the Existing Shareholders shall ensure Beijing Huaqianshu not to lend or borrow any loan or provide guarantee or security of any kind, or to undertake any other material obligations beyond its ordinary business operations; and

 

6.2.10              any of the Existing Shareholders shall ensure Beijing Huaqianshu not to

 

10

 

merge with any third party, acquire the assets or equity interests of any third party, or otherwise invest in any third party.

 

The Parties agree that, if the combined percentage of shareholdings of Beijing Huaqianshu of the Existing Shareholders falls under 50% (excluding 50%) due to the purchase of all the equity interests in Beijing Huaqianshu held by the Existing Shareholders by Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan, the part of covenanted contents under this Article which are beyond the reasonable control of the Existing Shareholders shall no longer apply to the Existing Shareholders.

 

6.3                   During the term of this Agreement, the Existing Shareholders shall use their best endeavors to develop Beijing Huaqianshu’s business and ensure the legitimate operations of Beijing Huaqianshu in compliance with laws and regulations.  The Existing Shareholders shall guarantee that they will not do any act or omit to do any act which may damage Beijing Huaqianshu’s Assets, business reputation or affect the validity of Beijing Huaqianshu’s Business Licenses.

 

ARTICLE VII. UNDERTAKINGS OF BEIJING HUAQIANSHU

 

7.1                   In the event that the execution and performance of this Agreement and the grant of the Purchase Option hereunder are subject to any third party consent, permit, waiver, authorization or any governmental approval, permit, exemption or registration or filing procedures with any government authorities (if legally required), Beijing Huaqianshu shall use its best endeavors to assist in satisfying the above requirements.

 

7.2                   Without the prior written consent of Beijing Miyuan, Beijing Huaqianshu shall not assist or allow the Existing Shareholders to transfer or otherwise dispose of any Option Equity Interests or to create any encumbrances or other third party rights thereon.

 

7.3                   Beijing Huaqianshu shall not take or allow any conduct or act which may have adverse effect on the benefits of Beijing Miyuan under this Agreement.

 

ARTICLE VIII. CONFIDENTIALITY

 

8.1                   Whether this Agreement is terminated or not, the Existing Shareholders shall be obliged to keep confidential the following information (collectively the “Confidential Information”):

 

(i)                                     the execution, performance of this Agreement and the content hereof;

(ii)                                  trade secret, proprietary information and client information of Beijing Miyuan that are known to or received by the Existing Shareholders as a result of 

 

11

 

execution and performance of this Agreement; and

(iii)                               trade secret, proprietary information and client information of Beijing Huaqianshu that are known to or received by the Existing Shareholders as the shareholders of Beijing Huaqianshu.

 

The Existing Shareholders shall use such Confidential Information only for the purpose of performing its obligations hereunder.  Without written permit from Beijing Miyuan, any of the Existing Shareholders shall not disclose the above Confidential Information to any third party, otherwise he/she shall assume Default liabilities and indemnify any losses.

 

8.2                   Upon the termination of this Agreement, upon Beijing Miyuan’s request, each of the Existing Shareholders shall return, destroy or otherwise dispose of all of the documents, materials or software containing the Confidential Information, and cease using such Confidential Information.

 

8.3                   Notwithstanding any other provisions hereunder, this Article shall survive the suspension or termination of this Agreement.

 

ARTICLE IX. TERM OF THE AGREEMENT

 

This Agreement shall come into effect from the date of execution by the Parties, and shall terminate once all of the Option Equity Interests have been legally transferred to Beijing Miyuan and/or other entity or individual designated by Beijing Miyuan as agreed in accordance with this Agreement.

 

ARTICLE X. NOTICE

 

10.1            All notices, requests, demands and other correspondences required by or in accordance with this Agreement shall be delivered to the relevant Party in writing.

 

10.2            The above notices or other correspondences shall be deemed to be properly delivered upon sending when delivered through fax or telegraph, upon delivered in person when personally delivered, or at the fifth (5th) day of mailing if sent by mail.

 

ARTICLE XI. DEFAULT LIABILITIES

 

11.1             The Parties agree and acknowledge that, in the event that a Party (the “Defaulting Party”) substantially violates any of the agreements hereunder or fails to perform any of its obligations hereunder substantially, it shall constitute a default under this Agreement (the “Default”).  The non-defaulting party (the “Non-defaulting Party”) shall be entitled to request the Defaulting Party to rectify the Default or take remedial measures within a reasonable period.  In the event that the Defaulting Party fails to rectify the Default or take remedial measures within a reasonable

 

12

 

period or within ten (10) days after a written notice sent by the Non-defaulting Party to the Defaulting Party requesting for the rectification, and if the Defaulting Party is the Existing Shareholder or Beijing Huaqianshu, the Non-defaulting Party shall be entitled to determine, at its sole discretion, to: (1) terminate this Agreement and request the Defaulting Party to indemnify all losses incurred by the Non-defaulting Party, or (2) request the Defaulting Party to continue to perform its obligations hereunder and indemnify all losses incurred by the Non-defaulting Party; if the Defaulting Party is Beijing Miyuan, the Non-defaulting Party shall be entitled to request the Defaulting Party to continue to perform its obligations hereunder and to indemnify all losses incurred by the Non-defaulting Party.

 

11.2            The Parties agree and acknowledge that the Existing Shareholders and Beijing Huaqianshu shall not request to terminate this Agreement for any reason under any circumstances.

 

11.3            The rights and remedies hereunder shall be accumulative and shall not preclude any other statutory rights or remedies.

 

11.4            Notwithstanding any other provisions hereunder, this Article shall survive the suspension or termination of this Agreement.

 

ARTICLE XII. MISCELLANEOUS

 

12.1            This Agreement shall be signed in eight (8) originals in Chinese. Each original shall have equal legal force, and each Party shall retain one (1) original of this Agreement in each language.

 

12.2            The conclusion, validity, performance, amendment, interpretation and termination of this Agreement shall be governed by the laws of the People’s Republic of China.

 

12.3            Any dispute arising out of or relating to this Agreement shall be settled by the disputing Parties through consultation. In case the disputing Parties fail to reach an agreement within thirty (30) days of the dispute, such dispute shall be submitted to the China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration in Beijing in accordance with the arbitration rules of CIETAC then in effect.  The arbitration award shall be final and binding upon the disputing Parties.

 

12.4            Any right, power and remedy granted to a Party under any provision of this Agreement shall not preclude any other right, power or remedy such Party is entitled to under any laws or regulations or any other provision of this Agreement.  The exercise of its right, power and remedy by a Party shall not preclude the exercise of any other right, power and remedy that such Party is entitled to.

 

12.5            Any Party’s failure or delay in exercising any of its right, power and remedy (“Such

 

13

 

Rights”) under this Agreement or laws shall not result in a waiver of Such Rights, nor shall any single or partial waiver of any Such Right preclude any exercise of Such Right in other manner or the exercise of any other Such Rights by such Party.

 

12.6            The headings in this Agreement shall be for reference purpose only and shall not be used for or affect the construction of the Agreement in any event.

 

12.7            Each provision of this Agreement shall be severable and independent of each of the other provision.  In the event that one or several provisions of this Agreement become invalid, illegal or unenforceable at any time, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected.

 

12.8            This Agreement, once executed, shall supersede any other legal documents executed previously by and among the Parties regarding the same subject hereof. Any amendment or supplement to this Agreement shall be made in writing, and shall take effect after duly executed by the Parties.

 

12.9            Without prior written consent of Beijing Miyuan, any of the Existing Shareholders or Beijing Huaqianshu shall not transfer any of its rights and/or obligations hereunder to any third party.  Beijing Miyuan shall be entitled to transfer any of its rights and/or obligations hereunder to any third party designated by it after notifying the Existing Shareholders and Beijing Huaqianshu.

 

12.10  This Agreement shall be binding upon the legal successor of each Party.

 

[Remainder of this page is intentionally left blank]

 

14

 

[Signature Page]

 

IN WITNESS WHEREOF, this Amended and Restated Exclusive Purchase Option Agreement has been duly executed by the Parties as of the date and at the place first above written.

 

 

	
Haiyan GONG 
    	
Xu LIU 
    
	
 
    	
 
    
	
 
    	
 
    
	
Signature:
    	
/s/ Haiyan Gong
    	
 
    	
Signature:
    	
/s/ Xu Liu
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    
	
Yongqiang QIAN 
    	
Qingjun ZHU 
    
	
 
    	
 
    
	
 
    	
 
    
	
Signature:
    	
/s/ Yongqiang Qian
    	
 
    	
Signature:
    	
/s/ Qingjun Zhu
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    
	
Cheng LI 
    	
Fuping Yu 
    
	
 
    	
 
    
	
 
    	
 
    
	
Signature:
    	
/s/ Cheng Li
    	
 
    	
Signature:
    	
/s/ Fuping Yu
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    
	
BEIJING MIYUAN INFORMATION   TECHNOLOGY CO., LTD.    
    	
BEIJING HUAQIANSHU INFORMATION   TECHNOLOGY CO., LTD.    
    
	
(Company Seal) [Seal: Beijing Miyuan Information Technology Co., Ltd.]
    	
(Company Seal) [Seal: Beijing Huaqianshu Information Technology Co., Ltd.]
    
	
 
    	
 
    
	
Signature:
    	
 
    	
 
    	
Signature:
    	
 
    
	
Name:
    	
Name:
    
	
Title: Authorized Representative
    	
Title: Authorized Representative
    
									

 

 

Signature page of Amended and Restated Exclusive Purchase Option Agreement – Beijing Huaqianshu

 

 

Exhibit I:

 

Basic Information of Beijing Huaqianshu

 

	
Company Name:
    	
Beijing Huaqianshu Information Technology   Co., Ltd.
    
	
 
    	
 
    
	
Registered Address:
    	
Room 3035, No.3 Zhangzhen Industry Park Road,   Shunyi District, Beijing
    
	
 
    	
 
    
	
Registered Capital:
    	
RMB1 million
    
	
 
    	
 
    
	
Legal Representative:
    	
Linguang WU
    

 

Shareholding Structure:

 

	
Name of Shareholder
    	
 
    	
Contribution to
   Registered Capital
    	
 
    	
Percentage of
   Capital
   Contribution
    	
 
    
	
Haiyan   GONG
    	
 
    	
RMB377,400
    	
 
    	
37.74
    	
%
    
	
Xu   LIU
    	
 
    	
RMB29,900
    	
 
    	
2.99
    	
%
    
	
Yongqiang   QIAN
    	
 
    	
RMB451,300
    	
 
    	
45.13
    	
%
    
	
Cheng   LI
    	
 
    	
RMB29,600
    	
 
    	
2.96
    	
%
    
	
Fuping   Yu
    	
 
    	
RMB72,000
    	
 
    	
7.2
    	
%
    
	
Qingjun   ZHU
    	
 
    	
RMB39,800
    	
 
    	
3.98
    	
%
    
	
Total
    	
 
    	
RMB1,000,000
    	
 
    	
100
    	
%
    

 

Fiscal Year: January 1 to December 31 of a calendar year

 

 

Exhibit II:

 

Form of Exercise Notice

 

To: [Name of the Existing Shareholders]

 

Whereas our company has entered into an Amended and Restated Exclusive Purchase Option Agreement (the “Agreement”) with you and Beijing Huaqianshu Information Technology Co., Ltd. (“Beijing Huaqianshu”) on             , 2014, under which, to the extent as allowed under the PRC laws and regulations, you shall, upon request of our company, transfer to our company or any third party designated by our company the equity interests held by you/your company in Beijing Huaqianshu.

 

Now therefore, our company hereby notifies you as follows:

 

Our company hereby request to exercise the Purchase Option under the Agreement to purchase        % of the equity interests  held by you in Beijing Huaqianshu (the “Equity Interests to Be Transferred”) by our company/[name of the company/individual] designated by our company.  Once you receive this notice, please promptly transfer the Equity Interests to Be Transferred to our company/[name of the company/individual] designated by our company in accordance with the Agreement

 

Yours Sincerely,

 

 

	
 
    	
Beijing Miyuan Information Technology Co., Ltd.
    
	
 
    	
 
    
	
 
    	
(Company Seal)
    
	
 
    	
 
    
	
 
    	
Authorized Representative:
    
	
 
    	
 
    
	
 
    	
Date:
    

 

 

Exhibit III:

 

Form of Power of Attorney

 

I,          , hereby irrevocably authorize           [ID No.                    ] to act as my authorized representative to execute the Equity Transfer Agreement regarding the transfer of the equity interests in Beijing Huaqianshu Information Technology Co., Ltd. by and among Beijing Huaqianshu Information Technology Co., Ltd., Beijing Miyuan Information Technology Co., Ltd. and me, and other relevant legal documents.

 

 

	
 
    	
Signature:
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Date:

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