Document:

exv10w09

Exhibit 10.09

Framework Agreement on Disposition of Shanda Point Cards Inventories

This Framework Agreement on Disposition of Shanda Point Cards Inventories (this “Framework
Agreement”) is made and entered into in Pudong New Area, Shanghai, China on this 30th
day of June, 2008 by and among:

Shanghai Shanda Networking Development Co., Ltd., located at No. 1 Building, No. 690 Bibo Road,
Pudong New Area, Shanghai, and Nanjing Shanda Networking Development Co., Ltd., located at Room
801, R&D Building, Nanjing Hi-tech Development Zone, and Hangzhou Bianfeng Networking Technology
Co., Ltd., located at Room 7A, Building A, No.3 Xidoumen Road, Xihu District, Hangzhou, hereinafter
collectively referred to as “Party A”;

And

Shanghai Shulong Technology Co., Ltd., located at No.1 Office Building, No. 690 Bibo Road, Pudong
New Area, Shanghai, and Nanjing Shulong Computer Technology Co., Ltd., located at Room 802, No. B
Office Building, High Technology District, Nanjing, and Shanghai Shulong Computer Technology Co.,
Ltd., located at Room 2035, No. Yi Office Building, No. 555 Dongchuan Road, Minhang, Shanghai,
hereinafter collectively referred to as “Party B”;

And

Shanghai Shengfutong Electronic Commerce Co., Ltd., located at Room 201, No.3 Office Building, No.
356 Guoshoujing Road, Pudong New Area, Shanghai, hereinafter referred to as “Party C”.

Party A, Party B and Party C may be hereinafter referred to as the “Parties” collectively, and
individually as the “Party”.

Whereas,

	1.	 	For the purpose of the adjustment of the group’s business structure, Party A, Party B and
Party C will carry out the following businesses respectively:

	 	(i)	 	Party A is dedicated to the platform services for the internet contents
(including but not limited to the games), and it has created the integrated interactive
entertainment platform for the users based on its customer services capability,
technology assurance and supporting capability, sales networking and payment platform.

 

 

	 	(ii)	 	Party B, an internet contents provider, has the rights to publish and operate the
games or other products on China’s internet.
	 
	 	(iii)	 	Party C is an enterprise engaging in the provision of national agency sales and
electronic commerce services for the digital consumables.

	2.	 	For the purpose of the adjustment of the above group’s business, Party A shall cease the
operation of all online games and other games as of June 30, 2008 at 24:00 p.m., and Party B
will commence the operation of such online games and other games as of July 01, 2008 at 0:00
a.m. in place of Party A;
	 
	 	 	Party A, Party B and Party C have reached the following terms and conditions in respect of the
inventories of Shanda point cards issued by Party A. For the purpose of joint compliance and
performance, each Party shall define their rights and obligations in a separate agreement with
their channel distributors respectively.

Section 1 Definition

	1.1	 	The “Uniform Account Cards” shall mean Shanda interactive entertainment cards, including
physical cards, virtual cards and card passports, through which all games operated by Party A
can be recharged, excluding the Legend.
	 
	1.2	 	The “Legend Online Game Cards” shall mean the game point cards, through which the Legend can
be recharged only.
	 
	1.3	 	The “Non-uniform Account Cards” shall mean all other cards rather than the Uniform Account
Cards and the Legend Online Game Cards, including but not limited to Shanda green cards and
dedicated LaTale cards.
	 
	 	 	The foregoing game cards are hereinafter referred to as the “Shanda Point Cards”
collectively.
	 
	1.4	 	The “Channel Inventories” shall mean the Shanda Point Cards that have been sold to the
distributors by Party A but not sold to the end users by such distributors, or sold to the end
users but not recharged by such end users.
	 
	1.5	 	The “Balance of Users’ Accounts” shall mean the balance of Shanda Point Cards that have been
recharged by the end users but not consumed.
	 
	1.6	 	The “End Users” shall mean the individual users (rather than business places or internet
bars) that have been permitted to log on the games being operated by Party A.

 

 

Section 2 Disposition of Shanda Point Cards Inventories

	2.1	 	Disposition of the stored Uniform Account Cards

2.1.1 Channel Inventories

Party A and Party C have agreed that the distributor is entitled to convert the stored point
cards into the paid-up cards with appropriate amount at the costs of Party A and Party C, and
such distributor shall not be required to pay any additional fees. For this purpose, Party A,
Party C and the distributor shall enter into the termination agreement to the original
distribution agreement (for more information, please refer to Schedule 1).

2.1.2 Balance of Users’ Accounts

Party A and Party C shall enter into the obligation transfer agreement for the Balance of
Users’ Accounts that have been recharged but not consumed, which shall be stated in the game
user agreement and confirmed by the game users. For more information, Please refer to
Schedule 2.

	2.2	 	Disposition of the stored Non-uniform Account Cards

2.2.1 Channel Inventories

Due to the expiration of the Distribution Agreement of Non-uniform Account Cards, Party A and
Party B have agreed to convert the stored point cards into the paid-up cards with appropriate
amount at their costs. For this purpose, Party A and Party B will enter into an agreement
(for more information, please refer to Schedule 3).

2.2.2 Balance of Users’ Accounts

Party A and Party B shall enter into the obligation transfer agreement for the Balance
of Users’ Accounts that have been recharged but not consumed, which shall be stated in
the game user agreement and confirmed by the game users. Party A will transfer its
obligation for the provision of the game services to Party B, and Party B shall continue
to provide such services in place of Party A. For more information, Please refer to
Schedule 4.

	2.3	 	Legend Online Game Cards

2.3.1 Channel Inventories

Party A and Party B have agreed that the distributor is entitled to convert the

 

 

stored point cards into the paid-up cards with appropriate amount, and the fees shall be
settled by Party A and Party B after the royalties prepaid to Actoz by Party A are deducted.
The distributor shall not be required to pay additional fees. For this purpose, Party A,
Party B and the distributor shall enter into the termination agreement to the original
distribution agreement (for more information, please refer to Schedule 1). Due to the
confidentiality of the royalties, Party A and Party B shall enter into a royalty prepayment
agreement separately. For more information, please refer to Schedule 6.

2.3.2 Balance of Users’ Accounts

Party A and Party B shall enter into the obligation transfer agreement for the Balance of
Users’ Accounts that have been recharged but not consumed, which shall be stated in the game
user agreement and confirmed by the game users. Party A will transfer its obligation for the
provision of the game services to Party B, and Party B shall continue to provide such
services and to pay Party A the unconsumed royalties prepaid to Actoz by Party A previously.
For more information, Please refer to Schedule 7.

Section 3 Term

This Agreement comes to effect as of the date when it is duly entered into by and among the
Parties, to the time when the rights and obligations of the Parties are performed completely.

Section 4 Miscellaneous

	4.1	 	The conclusion, validity and performance of, and the interpretation to and the dispute
resolution in relation to, this Agreement shall be governed by the laws of the People’s
Republic of China. Any dispute arising out of this Agreement and the performance of this
Agreement shall be resolved through negotiation by the Parties; if not reached within sixty
(60) days, any Party is entitled to institute such dispute to the People’s Court at the place
where this Agreement is entered into.
	 
	4.2	 	This Agreement comes to effect after it is duly entered into and sealed by the authorized
representatives of the Parties.
	 
	4.3	 	This Agreement is made in six (6) counterparts with Party A, Party B and Party C holding two
(2) counterparts respectively. Each counterpart shall have the same force and effect with the
other counterparts.

 

 

[Remainder of page intentionally left blank]

 

 

IN WITNESS WHEREOF the Parties have caused this Agreement to be duly executed by their respective
authorized officers as of the date first above written.

Party A:

Shanghai Shanda Networking Development Co., Ltd.

Authorized Representative:                                        

Sign/Seal:

Nanjing Shanda Networking Development Co., Ltd.

Authorized Representative:                                        

Sign/Seal:

Hangzhou Bianfeng Networking Technology Co., Ltd.

Authorized Representative:                                        

Sign/Seal:

Party B:

Shanghai Shulong Technology Co., Ltd.

Authorized Representative:                                        

Sign/Seal:

Nanjing Shulong Computer Technology Co., Ltd.

Authorized Representative:                                        

Sign/Seal:

Shanghai Shulong Computer Technology Co., Ltd.

Authorized Representative:                                        

Sign/Seal:

Party C:

Shanghai Shengfutong Electronic Commerce Co., Ltd.

Authorized Representative:                                        

Sign/Seal:

 

 

Schedule 1

Termination Agreement to Distribution Agreement

(For Shanda Interactive Entertainment Cards)

This Termination Agreement to Distribution Agreement (hereinafter referred to as this “Termination
Agreement”) is made and entered into in Pudong Shanghai on [•] 2008 by and among:

[Distributor] (hereinafter referred to as “Party A”)

And

[Shanda] (hereinafter referred to as “Party B”)

And

Shanghai Shengfutong Electronic Commerce Co., Ltd. (hereinafter referred to as “Party C”).

Party A, Party B and Party C may be hereinafter referred to as the “Parties” collectively, and
individually as the “Party”.

Whereas:

	A	 	Party A and Party B have entered into [insert the name of the
agreement] (hereinafter referred to as the “Original Agreement”) on
[•], according to which Party A shall distribute Party B’s “Shanda
Interactive Entertainment Cards” within [insert the name of the
concrete province].
	 
	B	 	Party A and Party B intend to terminate the Original Agreement, and
agree on the Channel Inventories as follows.

NOW THEREFORE, the Parties hereby agree on as follows:

	1.	 	Each of Party A and Party B agrees to terminate the Original Agreement as of the date when
this Termination Agreement is entered into, and to release their respective rights and
obligations under such Original Agreement without bearing liability to the other Party.
	 
	2.	 	Party A has purchased the “Shanda Interactive Entertainment Cards” during the cooperation
period, and the remained Channel Inventories with the total value of RMB [•] are set forth in
the Schedule. Party B and Party C have agreed that Party A is entitled to convert the
foregoing remained Channel Inventories into the

 

 

	 	 	point cards, issued by Party C, with the same quantity and amount compared to such Channel
Inventories. Party A shall not be required to pay any additional fees. Party C shall provide
the invoices for the price of the “Shanda Interactive Entertainment Cards” purchased but not
invoiced under the Original Agreement.
	 
	3.	 	The rights and obligations of Party A and Party B under the Original Agreement shall be
remained effective before this Termination Agreement is entered into.
	 
	4.	 	This Termination Agreement shall be governed by and interpreted in accordance with the laws
of the PRC. Any dispute arising out of or in relation to this Agreement shall be settled
through negotiation by the Parties; if not reached, the Parties shall institute such dispute
to Shanghai Pudong People’s Court.
	 
	5.	 	This Termination Agreement comes to effect immediately after it is sealed by the Parties.
	 
	6.	 	This Termination Agreement is made in three (3) counterparts with each Party holding one (1)
counterpart. Each counterpart shall have the same force and effect with the other
counterparts.

 

 

[Signature Page]

Party A:

[Distributor]

Authorized Representative:                                        

Signed/Sealed:

Party B:

[Shanda]

Authorized Representative:                                        

Signed/Sealed:

Party C:

Shanghai Shengfutong Electronic Commerce Co., Ltd.

Authorized Representative:                                        

Signed/Sealed:

 

 

Schedule 2

Contract Assignment Agreement

This Contract Assignment Agreement (hereinafter referred to as this “Agreement”) is made and
entered into in Pudong Shanghai on [•] by and between:

[Shanda] (hereinafter referred to as “Party A”);

And

Shanghai Shengfutong Electronic Commerce Co., Ltd. (hereinafter referred to as “Party B”)

Party A and Party B may be hereinafter referred to as the “Parties” collectively, and individually
as the “Party”.

Whereas:

	A.	 	Party A is operating all online games designed for [Shanda Interactive Entertainment Card
Products].
	 
	B.	 	Party A shall cease the operation of the online games designed for the above Shanda
Interactive Entertainment Cards on June 30, 2008 at 24 p.m., and Party B shall continue to
operate such online games in place of Party A. The Parties agree that Party B shall perform
the obligations in respect of the Balance of the End Users’ Accounts in place of Party A.

NOW THEREFORE, the Parties hereby agree on as follows:

	1.	 	As of the date of this Agreement (the “Change Date”), the end users may continue to consume
the balance of the Shanda Interactive Entertainment Cards held by them and issued by Party A,
and Party B shall bear all obligations in respect of such continued consumption. The Parties
have agreed that Party B shall obtain all rights and benefits previously owned by Party A
under the user agreements, and bear all obligations and liabilities previously assumed by
Party A under the original agreement.
	 
	2.	 	Party A shall definitely state the change of the Party of the obligations in respect of the
Balance of the End User’s Account in the game user agreement, and shall obtain the consents of
such user.

 

 

	3.	 	This Agreement shall be governed by and interpreted in accordance with the laws of the PRC.
Any dispute arising out of or in relation to this Agreement shall be settled through
negotiation by the Parties; if not reached, the Parties shall institute such dispute to
Shanghai Pudong People’s Court.
	 
	4.	 	This Agreement comes to effect immediately after it is sealed by the Parties.
	 
	5.	 	This Agreement is made in two (2) counterparts with each Party holding one (1) counterpart.
Each counterpart shall have the same force and effect with the other counterpart.

[Remainder of page intentionally left blank]

 

 

Party A:

[Shanda]

Authorized Representative:                                        

Signed/Sealed:

Party B:

Shanghai Shengfutong Electronic Commerce Co., Ltd.

Authorized Representative:                                        

Signed/Sealed:

 

 

Schedule 3

Channel Inventories Agreement for Point Cards

(For Expired Non-uniform Cards, such as the green cards)

This Contract Assignment Agreement (hereinafter referred to as this “Agreement”) is made and
entered into in Pudong Shanghai on [•] by and between:

[Shanda] (hereinafter referred to as “Party A”);

And

Shulong / Shengfutong (hereinafter referred to as “Party B”)

Party A and Party B may be hereinafter referred to as the “Parties” collectively, and individually
as the “Party”.

Whereas:

	A.	 	Party A and [insert the name of the Distributor] (hereinafter referred to as the
“Distributor”) have entered into [insert the name of the agreement] (hereinafter referred to
as the “Original Agreement”) on [•], according to which Party A shall distribute Party B’s
“Non-uniform Account Card Products” within [insert the name of the concrete province].
	 
	B.	 	The Original Agreement has been expired, and Party A and Party B agree on the point cards of
Channel Inventories under the Original Agreement as follows.

NOW THEREFORE, the Parties hereby agree on as follows:

	1.	 	The Distributor has purchased the “Non-uniform Account Cards”, and the Channel Inventories
with the total value of RMB [•] are set forth in the Schedule. Party A and Party B have
agreed to convert the said point cards into such point cards, issued by Party B, with
appropriate quantity and amount. Party A and Party B shall make settlement for the said point
cards, and the Distributor shall not be required to pay any additional fees.
	 
	2.	 	This Agreement shall be governed by and interpreted in accordance with the laws of the PRC.
Any dispute arising out of or in relation to this Agreement shall be settled through
negotiation by the Parties; if not reached, the Parties shall institute such dispute to
Shanghai Pudong People’s Court.

 

 

	3.	 	This Agreement comes to effect immediately after it is sealed by the Parties.
	 
	4.	 	This Agreement is made in two (2) counterparts with each Party holding one (1) counterpart.
Each counterpart shall have the same force and effect with the other counterpart.

[Remainder of page intentionally left blank]

 

 

[Signature Page]

Party A:

[Shanda]

Authorized Representative:                                        

Signed/Sealed:

Party B:

Shanghai Shengfutong Electronic Commerce Co., Ltd.

Authorized Representative:                                        

Signed/Sealed:

 

 

Schedule 4

Contract Assignment Agreement

This Contract Assignment Agreement (hereinafter referred to as this “Agreement”) is made and
entered into in Pudong Shanghai on [•] by and between:

[Shanda] (hereinafter referred to as “Party A”);

And

Shulong (hereinafter referred to as “Party B”)

Party A and Party B may be hereinafter referred to as the “Parties” collectively, and individually
as the “Party”.

Whereas:

	A.	 	Party A is operating all online games designed for [Non-uniform Account Card Products].
	 
	B.	 	Party A shall cease the operation of the online games designed for the said point cards on
June 30, 2008 at 24 p.m., and Party B shall continue to operate such online games in place of
Party A. The Parties agree that Party B shall perform the obligations in respect of the
Balance of the End Users’ Accounts in place of Party A.

NOW THEREFORE, the Parties hereby agree on as follows:

	1.	 	As of the date of this Agreement (the “Change Date”), the end users may continue to consume
the balance of the [Non-uniform Account Cards] held by them and issued by Party A, and Party B
shall bear all obligations in respect of such continued consumption. The Parties have agreed
that Party B shall obtain all rights and benefits previously owned by Party A under the user
agreements, and bear all obligations and liabilities previously assumed by Party A under the
original agreement.
	 
	2.	 	Party A shall definitely state the change of the Party of the obligations in respect of the
Balance of the End User’s Account in the game user agreement, and shall obtain the consents of
such user.

 

 

	3.	 	This Agreement shall be governed by and interpreted in accordance with the laws of the PRC.
Any dispute arising out of or in relation to this Agreement shall be settled through
negotiation by the Parties; if not reached, the Parties shall institute such dispute to
Shanghai Pudong People’s Court.
	 
	4.	 	This Agreement comes to effect immediately after it is sealed by the Parties.
	 
	5.	 	This Agreement is made in two (2) counterparts with each Party holding one (1) counterpart.
Each counterpart shall have the same force and effect with the other counterpart.

[Remainder of page intentionally left blank]

 

 

[Signature Page]

Party A:

[Shanda]

Authorized Representative:                                        

Signed/Sealed:

Party B:

[Shulong]

Authorized Representative:                                        

Signed/Sealed:

 

 

Schedule 5

Termination Agreement to Distribution Agreement

(For Shanda Interactive Entertainment Cards)

This Termination Agreement to Distribution Agreement (hereinafter referred to as this “Termination
Agreement”) is made and entered into in Pudong Shanghai on [•] 2008 by and among:

[Distributor] (hereinafter referred to as “Party A”)

And

[Shanda] (hereinafter referred to as “Party B”)

And

Shulong (hereinafter referred to as “Party C”).

Party A, Party B and Party C may be hereinafter referred to as the “Parties” collectively, and
individually as the “Party”.

Whereas:

	A.	 	Party A and Party B have entered into [insert the name of the agreement] (hereinafter
referred to as the “Original Agreement”) on [•], according to which Party A shall distribute
Party B’s “Online Game Recharge Cards of The Lengend of Mir 2” within [insert the name of the
concrete province].
	 
	B.	 	Party A and Party B intend to terminate the Original Agreement, and agree on the Channel
Inventories as follows.

NOW THEREFORE, the Parties hereby agree on as follows:

	1.	 	Each of Party A and Party B agrees to terminate the Original Agreement as of the date when
this Termination Agreement is entered into, and to release their respective rights and
obligations under such Original Agreement without bearing liability to the other Party.
	 
	2.	 	Party A has purchased the “Online Game Recharge Cards of The Legend of Mir 2” during the
cooperation period, and the remained Channel Inventories with the total value of RMB [•] are
set forth in the Schedule. Party B and Party C have

 

 

	 	 	agreed that Party A is entitled to convert the foregoing remained Channel Inventories into the point
cards, issued by Party C, with the same quantity and amount compared to such Channel
Inventories. Party A shall not be required to pay any additional fees. Party C shall provide
the invoices for the price of the “Online Game Recharge Cards of The Legend of Mir 2”
purchased but not invoiced under the Original Agreement.
	 
	3.	 	The rights and obligations of Party A and Party B under the Original Agreement shall be
remained effective before this Termination Agreement is entered into.
	 
	4.	 	This Termination Agreement shall be governed by and interpreted in accordance with the laws
of the PRC. Any dispute arising out of or in relation to this Agreement shall be settled
through negotiation by the Parties; if not reached, the Parties shall institute such dispute
to Shanghai Pudong People’s Court.
	 
	5.	 	This Termination Agreement comes to effect immediately after it is sealed by the Parties.
	 
	6.	 	This Termination Agreement is made in three (3) counterparts with each Party holding one (1)
counterpart. Each counterpart shall have the same force and effect with the other
counterparts.

 

 

[Signature Page]

Party A:

[Distributor]

Authorized Representative:                                        

Signed/Sealed:

Party B:

[Shanda]

Authorized Representative:                                        

Signed/Sealed:

Party C:

[Shulong]

Authorized Representative:                                        

Signed/Sealed:

 

 

Schedule 6

Channel Inventories Agreement for Point Cards

(Prepaid Royalties for The Legend)

This Contract Assignment Agreement (hereinafter referred to as this “Agreement”) is made and
entered into in Pudong Shanghai on [•] by and between:

[Shanda] (hereinafter referred to as “Party A”);

And

Shulong (hereinafter referred to as “Party B”)

Party A and Party B may be hereinafter referred to as the “Parties” collectively, and individually
as the “Party”.

Whereas:

	A.	 	Party A and [insert the name of the Distributor] (hereinafter referred to as the
“Distributor”) have entered into [insert the name of the agreement] (hereinafter referred to
as the “Original Agreement”) on [•], according to which Party A shall distribute Party B’s
“The Legend Cards” within [insert the name of the concrete province].
	 
	B.	 	Party A and Party B agree on the point cards of Channel Inventories under the Original
Agreement as follows.

NOW THEREFORE, the Parties hereby agree on as follows:

	1.	 	The Distributor has purchased the “The Legend of Mir 2 Cards”, and the Channel Inventories
with the total value of RMB [•] are set forth in the Schedule. Party A and Party B have
agreed to convert the said point cards into such point cards, issued by Party B, with
appropriate quantity and amount. Party A and Party B shall make settlement for the said point
cards, and the Distributor shall not be required to pay any additional fees. Party A has
prepaid 26% royalties of the sales revenues to be generated from the point cards to Shengqu
Information Technology (Shanghai) Co., Ltd., the introducer of “The Legend of Mir 2 Game”, so
Party A shall deduct and offset the said repaid royalties when it pays Party B for the amount
of the said point cards.
	 
	2.	 	This Agreement shall be governed by and interpreted in accordance with the laws of the PRC.
Any dispute arising out of or in relation to this Agreement shall be

 

 

	 	 	settled through negotiation by the Parties; if not reached, the Parties shall institute such
dispute to Shanghai Pudong People’s Court.
	 
	3.	 	This Agreement comes to effect immediately after it is sealed by the Parties.
	 
	4.	 	This Agreement is made in two (2) counterparts with each Party holding one (1) counterpart.
Each counterpart shall have the same force and effect with the other counterpart.

[Remainder of page intentionally left blank]

 

 

[Signature Page]

Party A:

[Shanda]

Authorized Representative:                                        

Signed/Sealed:

Party B:

[Shulong] / [Shengfutong]

Authorized Representative:                                        

Signed/Sealed:

 

 

Schedule 7

Contract Assignment Agreement

This Contract Assignment Agreement (hereinafter referred to as this “Agreement”) is made and
entered into in Pudong Shanghai on [•] by and between:

[Shanda] (hereinafter referred to as “Party A”);

And

Shulong (hereinafter referred to as “Party B”)

Party A and Party B may be hereinafter referred to as the “Parties” collectively, and individually
as the “Party”.

Whereas:

	A.	 	Party A is operating “The Legend Online Game”.
	 
	B.	 	Party A shall cease the operation of “The Legend of Mir 2” on June 30, 2008 at 24 p.m., and
Party B shall continue to operate “The Legend of Mir 2 Game” in place of Party A. The Parties
agree that Party B shall perform the obligations in respect of the Balance of the End Users’
Accounts in place of Party A.

NOW THEREFORE, the Parties hereby agree on as follows:

	1.	 	As of the date of this Agreement (the “Change Date”), the end users may continue to consume
the balance of the [The Legend of Mir 2 Cards] held by them and issued by Party A, and Party B
shall bear all obligations in respect of such continued consumption. Party A has prepaid 26%
royalties of the sales revenues to be generated from the point cards to Actoz Soft Co., Ltd.,
the developer of “The Legend of Mir 2 Game”, so Party B shall pay such prepaid royalties to
Party A.
	 
	2.	 	The Parties have agreed that Party B shall obtain all rights and benefits previously owned by
Party A under the user agreements, and bear all obligations and liabilities previously assumed
by Party A under the original agreement.
	 
	3.	 	Party A shall definitely state the change of the Party of the obligations in respect

 

 

	 	 	of the Balance of the End User’s Account in “The Legend of Mir 2 User Agreement”, and shall
obtain the consents of such user.
	 
	4.	 	This Agreement shall be governed by and interpreted in accordance with the laws of the PRC.
Any dispute arising out of or in relation to this Agreement shall be settled through
negotiation by the Parties; if not reached, the Parties shall institute such dispute to
Shanghai Pudong People’s Court.
	 
	5.	 	This Agreement comes to effect immediately after it is sealed by the Parties.
	 
	6.	 	This Agreement is made in two (2) counterparts with each Party holding one (1) counterpart.
Each counterpart shall have the same force and effect with the other counterpart.

[Remainder of page intentionally left blank]

 

 

[Signature Page]

Party A:

[Shanda]

Authorized Representative:                                        

Signed/Sealed:

Party B:

[Shulong]

Authorized Representative:                                        

Signed/Sealed:exv10w10

Exhibit 10.10

Share Entrustment Agreement

This Share Entrustment Agreement (hereinafter referred to as this “Agreement”) is entered into on
this 1st day of July, 2008 in Shanghai by and among:

Shengqu Information Technology (Shanghai) Co., Ltd., located at No. 208 Juli Road, Pudong New Area,
Shanghai, hereinafter referred to as “Party A”; and

Wang Dong-xu (ID Card No.: [***] ), whose residence locates at [***] , hereinafter referred to as
“Party B”; and

Zhang Ying-feng (ID Card No.: [***]), whose residence locates at [***] , hereinafter referred to as
“Party C”.

Party A, Party B and Party C may hereinafter collectively referred to as “the Parties” and,
individually referred to as the “the Party”.

Whereas,

Party B and Party C have been registered as the shareholders of Shanghai Shulong Technology
Development Co., Ltd. (hereinafter referred to as the “Company”), holding 48.6% and 51.4% Share of
the Company respectively.

Party B, Party C and Party A hereby confirm that Party B and Party C are shareholders of the
Company, and have agreed as follows:

	1.	 	Dummy Shareholders

Party B and Party C are dummy shareholders designated by Party A for the Company, who hold
Party A’s Share in the Company for and on behalf of Party A.

	2.	 	Financing Documents

	 	2.1	 	Party A has received and examined the following documents:
	 
	 	1)	 	Exclusive Consulting and Service Agreement dated on July 01, 2008 by and between
Party A and the Company;
	 
	 	2)	 	Share Disposition Agreement dated on July 01, 2008 by and among Party A, the
Company, Party B and Party C;
	 
	 	3)	 	Share Pledge Agreement dated on July 01, 2008 by and among Party A, Party B and
Party C;

1

 

	 	4)	 	Business Operation Agreement dated on July 01, 2008 by and among Party A, the
Company, Party B and Party C;
	 
	 	5)	 	Power of Attorney dated on July 01, 2008 by and between Party B and Party C in
accordance with the Business Operation Agreement.

	 	 	 	All of the above documents are referred to as the “Financing Documents” collectively.
	 
	 	2.2	 	Party A has agreed on the contents of the Financing Documents, and agreed that
Party B and Party C are authorized to enter into the Financing Documents and other
agreements in relation to the Financing Documents and/or take necessary actions,
including the passing of shareholder resolutions and the consent of entering into the
Financing Documents by the Company.

	3.	 	Confidentiality
	 
	 	 	Party B and Party C have confirmed that the contents and existence of this Agreement are
“Confidential Information” of Party A. Without Party A’s prior written consents, neither
Party B nor Party C can disclose the said contents and existence to any third party.
	 
	4.	 	Entire Agreement and Amendments to this Agreement

	 	4.1	 	This Agreement shall constitute the entire agreement on the subject matter hereof
among the Parties, and supersede all previous agreements, contracts, understandings and
communications among the Parties in respect of the subject matter hereof, whether in oral
or writing.
	 
	 	4.2	 	Any amendment to this Agreement comes to effect only after such amendment is entered
into by the Parties in writing. Any amendment and supplement shall be integral to this
Agreement after the same is entered into by the Parties, which shall have the same force
and effect with this Agreement.

	5.	 	Governing Law
	 
	 	 	The conclusion, validity and performance of, interpretation to and dispute resolution in
relation to this Agreement shall be governed by the laws of the PRC.

2

 

6. Resolution Dispute

	 	6.1	 	Any dispute arising out of the interpretation to or performance of this Agreement
shall be resolved through friendly negotiation in good faith by the Parties; if not
reached, any Party may submit such dispute to the China International Economic and Trade
Arbitration Commission Shanghai Commission (“CIETACSC”) according to the Rules of
CIETACSC in force for the time being. Such arbitration shall be carried out in Shanghai.
The language in the arbitration proceedings shall be Chinese. The awards are final and
binding upon the Parties.
	 
	 	6.2	 	Save for the matters under disputes, the Party shall continue to perform their
respective obligations in good faith in accordance with this Agreement.

	7.	 	Validity, Term and Miscellaneous

	 	7.1	 	This Agreement comes to effect on the date first written above when it is sealed
by Party A, and entered into by Party B and Party C.
	 
	 	7.2	 	Any failure to exercise any of its rights, powers or privileges hereunder by any
Party shall not constitute a waiver to such rights, powers or privileges by such Party.
Any single or partial exercise of any of its rights, powers or privileges hereunder by
any Party shall not affect the exercise of any other rights, powers or privileges
hereunder by such Party.

IN WITNESS WHEREOF, the Parties have duly caused this Agreement to be entered into on the date
first written above.

[No Text Follow, Signature Page for Share Entrustment Agreement Follow]

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Party A: Shengqu Information Technology (Shanghai) Co., Ltd. (Seal)

Legal Representative/Authorized Representative:                     

	 	 	 	 	 
	Title: 
	 	 	 	 
	 

	 

	 	 
	 
	 	 	 	 
	Date:                                        MM                           
             DD                                        YY	 	 

Party B: Wang Dong-xu (Sign)

	 	 	 
	Date:                                        MM                               
          DD                                        YY

Party C: Zhang Ying-feng (Sign)

	 	 	 
	Date:                                        MM                              
           DD                                        YY

4

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