Document:

exv10w6

Exhibit 10.6

Amended and Restated Exclusive Call Option Agreement

This Amended and Restated Exclusive Call Option Agreement (this “Agreement”) is entered into on
this 18th day of March, 2011 in Shanghai, the People’s Republic of China (the “PRC”) by
and among:

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

Address: Room 103, Building 3, No. 356 Guoshoujing Road, Zhangjiang Hi-Tech Park, Shanghai; and

Party B: Wang Dong-xu (ID Card No.: 310226751124032)

Residence: Room301, No. 6, Lane 1025, Shangcheng Road, Pudong New Area, Shanghai; and

Party C: Chen Ming-feng (ID Card No.: 330224197902160012)

Residence: Room 402, No. 65, Lane 1077, Bei’ai Road, Pudong New Area, Shanghai; and

Party D: Shanghai Hongwen Networking Technology Co., Ltd.

Address: Room 107, Building 3, No. 1085 Sunhuan Road, Zhangjiang Town, Pudong New Area, Shanghai.

(Party A, Party B, Party C and Party D individually referred to as a “Party” and collectively the
“Parties”.)

Whereas,

	1.	 	Party A is a wholly foreign-owned enterprise incorporated and existing under the laws of the
PRC;
	 
	2.	 	Party D is a limited liability company incorporated and existing in the PRC;
	 
	3.	 	Party B and Party C, for the benefit of the business and commercial operation of Party A,
established Party D on October 22, 2008 according to the laws of the PRC. Party B and Party C
together own the entire registered capital of Party D (the “Equity”);
	 
	4.	 	For the benefit of the establishment and development of Party D, Party B and Party C entered
into loan agreements with Party A respectively in 2008, according to which, Party B and Party
C borrowed RMB1 million from Party A for making contributions to the registered capital of
Party D. As of the date hereof, Party B and Party C entered into amended and restated loan
agreements with Party A, respectively, according to which, Party B and Party C borrowed an
additional RMB9 million from Party A for making contributions to the increased capital of
Party D. Therefore, as of the date hereof, Party A has provided loans to Party B and Party C
in an aggregate amount of RMB10 million (the “Loan”);

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	5.	 	Party A desires the exclusive option to purchase the Equity from Party B and Party C, while
Party B and Party C (collectively, the “Grantors”) agree to grant Party A an exclusive call
option to purchase the Equity; and
	 
	6.	 	The Parties entered into an exclusive call option agreement in 2008 (the “2008 Option
Agreement”), and agree to amend and restate the 2008 Option Agreement to read as set forth
herein, which shall supersede the 2008 Option Agreement.

NOW THEREFORE, the Parties hereby agree as follows:

	1.	 	Granting of Option

	 	1.1	 	 Authorization

	 	 	 	The Grantors hereby agree to jointly and severally grant to Party A the exclusive option
(the “Option”) subject to the terms and conditions set forth in this Agreement to
purchase the Equity at any time at the lowest price permitted by the then applicable laws
and regulations of the PRC. Such Option shall be granted to Party A with immediate effect
after this Agreement is entered into by the Parties and comes into effect, and shall not
be cancelled or altered during the Term of this Agreement (including any period extended
according to Article 1.2 below).

	 	1.2	 	Term

	 	 	 	This Agreement is entered into and comes into effect on the date first
written above. This Agreement is valid for twenty (20) years from the
date when it comes into effect (the “Term”). In the event that Party A
wishes to extend this Agreement prior to the expiration of the Term,
the Parties shall do so and shall enter into a new exclusive call
option agreement or continue to perform this Agreement at Party A’s
request.

	2.	 	Exercise of Option and Delivery

	 	2.1	 	Time of Exercise
	 
	 	2.1.1	 	The Grantors agree that Party A may at any time, and from time to time after
the effective date hereof, exercise the Option in whole or in part subject to applicable
laws and regulations of the PRC;
	 
	 	2.1.2	 	The Grantors agree that there is no restraint with respect to the times for
Party A’s exercising the Option, until Party A or any third party designated by Party A
has acquired and owned all the Equity in Party D;

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	 	2.1.3	 	The Grantors agree that Party A may appoint a third party to exercise the Option
for and on behalf of it; however, Party A shall inform the Grantors of such appointment
in writing in advance.

	 	2.2	 	Disposition of Exercise Consideration
	 
	 	 	 	The Grantors agree that all the amount obtained by them from Party
A’s exercising the Option shall be used to repay the Loan or
transferred to any third party designated by Party A.
	 
	 	2.3	 	Transfer
	 
	 	 	 	The Grantors agree that Party A may transfer its Option hereunder to
any third party in whole or part without any further consent of the
Grantors. In such case, such third party shall be deemed as a party to
this Agreement and shall exercise the Option hereunder subject to the
conditions hereunder, and shall enjoy and bear all of Party A’s rights
and obligations hereunder.
	 
	 	2.4	 	Notice on Exercise
	 
	 	 	 	In case Party A exercises the Option hereunder, it shall notify the
Grantors of such exercise in writing ten (10) business days prior to
the Delivery Date (as defined below). Such notice shall cover the
following contents:

	 	2.4.1	 	effective delivery date (the “Delivery Date”) of the Equity after the Option
is exercised;

	 	2.4.2	 	name of registered holder of the Equity after the Option is exercised;
	 
	 	2.4.3	 	respective number and proportion of the Equity purchased from the Grantors;
	 
	 	2.4.4	 	exercise consideration and payment method; and
	 
	 	2.4.5	 	power of attorney (if the exercise is made by a third party designated by
Party A).

	 	2.5	 	Transfer of Equity
	 
	 	 	 	Within ten (10) business days from the date when the Grantors receive
the exercise notice that has been sent by Party A for each exercise in
accordance with Article 2.4:

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	 	(1)	 	The Grantors shall cause Party D to convene the shareholders’ meeting,
in which the resolution on the assignment of the Equity of the Grantors to Party A
and/or the third party designated by Party A shall be passed;
	 
	 	(2)	 	The Grantors shall enter into a transfer agreement substantially
consistent with the equity transfer agreement specified in Appendix 1 hereto with
Party A (or a third party designated by Party A, if applicable);
	 
	 	(3)	 	The Grantors shall undertake that they waive the right of first refusal
they are entitled to the purchased Equity;
	 
	 	(4)	 	The Grantors shall enter into all other necessary contracts, agreements
or documents, obtain all necessary governmental approvals and consents, take all
actions necessary to assign the ownership of the purchased Equity to Party A and/or
a third party designated by Party A without any encumbrances over such Equity, and
ensure Party A and/or a third party designated by Party A to become the registered
owner of the purchased Equity filed with the Administration for Industry and
Commerce, and provide Party A and/or a third party designated by Party A with the
updated business license, articles of association, approval certificates (if any)
and other relevant documents issued or recorded by relevant competent authorities
of the PRC, and such documents shall reflect the changes of the Equity, directors
and legal representative of Party D.

	3.	 	Representations and Warranties

	 	3.1	 	The Grantors represent and warrant that:

	 	3.1.1	 	They have complete rights and authorizations to enter into and perform this
Agreement;
	 
	 	3.1.2	 	The performance of this Agreement and their obligations hereunder shall not
violate any laws, regulations and other agreements binding upon them, nor be required
to be approved or authorized by the governmental authorities;
	 
	 	3.1.3	 	There is no suit, arbitration or other judicial or administrative proceedings
that are pending or may affect the performance of this Agreement materially;
	 
	 	3.1.4	 	They have disclosed to Party A any and all circumstances that may adversely
affect the performance of this Agreement;
	 
	 	3.1.5	 	They have not been declared as bankrupt, and their finance is in a good
standing;

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	 	3.1.6	 	There is no pledge, security, liability and any other encumbrance in favor of
a third party against the Equity held by them in Party D, and such Equity is exempted
from any claims by any third party;
	 
	 	3.1.7	 	They will not cause any pledge, liability and any other encumbrance in favor
of a third party against the Equity held by them in Party D, excluding the equity
pledge agreement by and among them and Party A, and they will not dispose of the Equity
held by them through assignment, donation, pledge or otherwise in favor of anyone else
other than Party A or a third party designated by Party A;
	 
	 	3.1.8	 	The Option granted to Party A shall be exclusive, and they will not grant such
Option or similar rights in any other way to anyone else other than Party A or a third
party designated by Party A;
	 
	 	3.1.9	 	Party D’s businesses are in compliance with the laws, regulations, rules and
the management provisions and guidance of relevant governmental competent authorities,
and there is no violation of any such regulations that may have materially adverse
effect on the company’s business or assets during the Term of this Agreement;
	 
	 	3.1.10	 	They will maintain Party D in good financial condition subject to commercial
standards and practices, and operate Party D’s business prudently and efficiently, use
best efforts to ensure Party D to hold the permits, licenses and approval necessary to
Party D’s operation, and ensure that any such permits, licenses and approval will not
be cancelled, withdrawn or declared as null and void;
	 
	 	3.1.11	 	They will provide Party A with Party D’s operation and finance information at Party
A’s request;
	 
	 	3.1.12	 	Unless otherwise agreed by Party A (or a third party designated by Party A) in
writing, before Party A (or a third party designated by Party A) exercises its Option
and obtains all of Party D’s Equity or rights and benefits, Party D shall not:
	 
	 	(a)	 	Sell, assign, mortgage or otherwise dispose of any of its assets,
business or incomes, nor create any other encumbrance on the same, unless otherwise
any such sales, assignment, mortgage or disposal are created in the ordinary or
daily business, or are disclosed to and agreed by Party A expressly in writing in
advance;
	 
	 	(b)	 	Enter into any transactions that may have materially adverse effect on
its assets, liabilities, operation, Equity and other legitimate rights, unless any
such transactions are exercised in the ordinary or daily business, or have been disclosed
to and agreed by Party A expressly in writing in advance;

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	 	(c)	 	Declare or distribute dividends or profits to its shareholders by any
means;
	 
	 	(d)	 	Create, inherit, guarantee or permit any debts, unless otherwise (i) any
such debts are created in the ordinary business; or (ii) any such debts are
disclosed to and agreed by Party A expressly in writing in advance;
	 
	 	(e)	 	Enter into any material contract, excluding those contracts that are
entered into in the ordinary operation of business. For the purpose of this
paragraph, a contract with the value of more than RMB100,000 shall be treated as a
material contract;
	 
	 	(f)	 	Increase or reduce its registered capital or otherwise change the
structure of the registered capital by adopting shareholders’ meeting resolution;
	 
	 	(g)	 	Supplement, alter or modify its articles of association in any way; or
	 
	 	(h)	 	Merge or consolidate with any person, nor acquire any person or invest
in any person.

	 	3.1.13	 	Unless otherwise agreed by Party A (or a third party designated by Party A) in
writing, before Party A (or a third party designated by Party A) exercises its Option
and obtains all of Party D’s Equity or assets, the Grantors shall not collectively or
individually:
	 
	 	(a)	 	Supplement, alter or modify Party D’s articles of association by any means,
which may adversely affect the assets, liabilities, operation, Equity and other
legitimate rights of Party D or may affect the performance of this Agreement and any
other agreements by and among the Parties hereto;
	 
	 	(b)	 	Cause Party D to enter into any transactions that may have materially
adverse effect on Party D’s assets, liabilities, operation, Equity and other
legitimate rights, unless otherwise any such transactions are exercised in the
ordinary or daily business, or have been disclosed to and agreed by Party A
expressly in writing in advance;
	 
	 	(c)	 	Cause Party D’s shareholders’ meeting to adopt any resolution on
declaration and distribution of any dividends and profits;
	 
	 	(d)	 	Sell, assign, mortgage or otherwise dispose of any other legitimate or
beneficial rights and benefits in respect of Party D’s Equity,
nor create any other encumbrances on Party D’s Equity at any time after this Agreement comes into
effect;

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	 	(e)	 	Cause Party D’s shareholders’ meeting to approve the sales, assignment,
mortgage or otherwise disposal of any legitimate or beneficial rights and benefits
in respect of Party D’s Equity, or the creation of any other encumbrances on Party
D’s Equity;
	 
	 	(f)	 	Cause Party D’s shareholders’ meeting to approve the merger or
consolidation with Party D and any other person, or acquisition of any other person,
or investment in any other person, or otherwise reorganization; or
	 
	 	(g)	 	Cease the operation of Party D, liquidate or dissolve Party D at its own
discretion.
	 
	 	3.1.14	 	Before Party A (or a third party designated by Party A) exercises its Option and
obtains all of Party D’s Equity or assets, the Grantors undertake to Party A as
follows:
	 
	 	(a)	 	To forthwith notify Party A in writing of any suits, arbitrations or
administrative proceedings that have arisen or may arise in relation to the Equity,
or of any circumstances that may have any adverse effect on such Equity;
	 
	 	(b)	 	To cause the shareholders’ meeting of Party D to examine and approve the
assignment of the purchased Equity specified in this Agreement, to cause Party D to
amend its articles of association for reflecting the assignment of the Equity to
Party A and/or a third party designated by Party A from the Grantors and reflecting
other amendments specified in this Agreement, to apply to relevant competent
authorities of the PRC for approving and completing the registration changes (if
required by law), and to cause the shareholders’ meeting of Party D to approve and
appoint such persons as designated by Party A and/or a third party designated by
Party A as the new directors and new legal representative;
	 
	 	(c)	 	In order to keep their lawful and effective ownership over the Equity, to
enter into all documents as necessary, to take all necessary or appropriate actions,
to institute all necessary or appropriate actions, and to defend any claims in an
appropriate manner;
	 
	 	(d)	 	To forthwith and unconditionally assign the Equity to any third party
designated by Party A at the request of Party A at any time; or

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	 	(e)	 	To strictly abide by this Agreement and other contracts collectively or
individually entered into by and among Party B, Party C and Party A, to duly perform
their obligations under this Agreement and such contracts, and not to take any
action or omission that may materially affect the validity and enforceability of
this Agreement and such contracts.
	 
	 	3.1.15	 	The Grantors shall bear the joint and several liabilities with respect to their
obligations hereunder.

	 	3.2	 	Undertakings
	 
	 	 	 	The Grantors shall bear all costs arising out of the assignment of
the Equity and complete all formalities necessary to make Party A
and/or the third party designated by Party A become the shareholder of
Party D. The aforementioned formalities shall include but not be
limited to assisting Party A in obtaining relevant approvals necessary
to the assignment of the Equity from the governmental authorities and
filing necessary documents with the Administration for Industry and
Commerce.
	 
	 	3.3	 	As of the execution date hereof and each Delivery Date, the Grantors shall hereby
represent and warrant to Party A as follows:

	 	3.3.1	 	They have the powers and abilities to enter into and deliver this Agreement
and any equity transfer agreement to which they are a party for each assignment of the
purchased Equity, and to perform their obligations under this Agreement and the
aforementioned equity transfer agreement;
	 
	 	3.3.2	 	Neither the execution and delivery of this Agreement or any equity transfer
agreement nor the performance of their obligations under this Agreement or any such
equity transfer agreement will: (i) violate any relevant laws and regulations of the
PRC; (ii) conflict with their articles of association or other constitutional
documents; (iii) violate any contract or deed to which they are one party, or which is
binding upon them, or constitute the breach of any contract or deed to which they are
one party, or which is binding upon them; (iv) violate any permit or approval and/or
any valid conditions issued or granted to them; or (v) cause the suspension,
cancellation of or attachment of additional conditions to any permit or approval issued
or granted to them;
	 
	 	3.3.3	 	The Grantors have good and available-for-sale ownership of the Equity. Neither
of them has created any encumbrances over the Equity;
	 
	 	3.3.4	 	Party D does not have any outstanding liabilities, excluding (i) such
liabilities as may arise in its normal business, and (ii) such obligations have been
disclosed to and agreed by Party A expressly in writing in advance;

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	 	3.3.5	 	Party D shall abide by all laws and regulations applicable to the acquisition
of the Equity and assets; and
	 
	 	3.3.6	 	There is no on-going, pending or potential suit, arbitration or administrative
proceedings in relation to the Equity, Party D or its assets.

	4.	 	Special Covenants

	 	 	The Grantors undertake that any provision hereunder is binding upon them irrespective of any
change of the Equity held by them respectively in the future, and that this Agreement shall
be applicable to all equity interest then held by them in Party D.

	5.	 	Taxes

	 	 	Each Party shall bear their respective taxes arising out of the performance of this Agreement
at its own costs.

	6.	 	Breach of Contract

	 	6.1	 	In case Party B, Party C or Party D breaches this Agreement or any of their
representations and warranties hereunder, Party A may give a written notice to the
breaching Party requiring the breaching party to correct its defaults within ten (10) days
upon receipt of such notice, to take necessary measures for avoiding any damages, and to
continue to perform this Agreement. In case of any occurrence of damages, the breaching
party shall indemnify Party A so as to ensure that Party A is able to obtain all rights
and benefits as if this Agreement would have been performed.

	 	6.2	 	In the event that Party B, Party C or Party D fails to correct its defaults within
ten (10) days upon receipt of the said notice in accordance with Section 6.1 above, Party
A shall be entitled to request such breaching party to indemnify any costs, liabilities or
losses (including but not limited to the lost interests and attorney’s fees) that may be
paid or suffered by Party A due to such defaults.

	7.	 	Governing Law and Dispute Resolution

	 	7.1	 	Governing Law
	 
	 	 	 	This Agreement, including but not limited to the conclusion,
performance, validity and interpretation to this Agreement, shall be
governed by the laws of the PRC.

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	 	7.2	 	Friendly Negotiation
	 
	 	 	 	Any dispute arising out of the interpretation to or performance of
this Agreement shall be resolved through friendly negotiation or
intermediation by a third party; if the dispute cannot be resolved
through negotiation, such dispute shall be submitted to the
arbitration committee within thirty (30) days from the date when the
dispute resolution is discussed.
	 
	 	7.3	 	Arbitration
	 
	 	 	 	Any dispute arising out of this Agreement shall be referred to the
International Economic and Trade Arbitration Commission Shanghai
Commission (“CIETACSC”) according to the then effective arbitration
rules of CIETACSC. Such arbitration shall be carried out in Shanghai.
The awards shall be final and binding upon the Parties.

	8.	 	Confidentiality

	 	8.1	 	Confidential Information

	 	 	 	No Party shall disclose to any third party any information in
connection with the other Parties hereunder which is obtained during
the course of performing this Agreement, unless otherwise agreed by
the Parties in writing in advance. This Section shall survive after
this Agreement is terminated.
	 
	 	8.2	 	Exceptions
	 
	 	 	 	Any disclosure of the confidential information required by the laws,
court’s judgments, arbitration awards and decisions of governmental
authorities shall not constitute the breach against Section 8.1 above.

	9.	 	Miscellaneous

	 	9.1	 	Entire Agreement
	 
	 	 	 	The Parties hereby confirm that this Agreement constitutes the fair
and reasonable agreements by and among them on the basis of equality
and mutual benefits. This Agreement constitutes the entire agreement
among the Parties in respect of the subject matter hereunder, and
supersedes all of their previous discussions and negotiations. In the
event that any previous discussions, negotiations and agreements in
respect of the subject matter hereunder conflict with this Agreement,
this Agreement shall prevail. This Agreement can be modified by the
Parties in writing. The appendix to this Agreement is integral to it,
and shall have the same effect and force with this Agreement. In
addition, the Parties hereby agree and acknowledge that the Agreement
shall supersede the 2008 Option Agreement as of the execution date
hereof.

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	 	9.2	 	Notices

	 	9.2.1	 	All notices and correspondence for the purpose of exercising the rights and
performing the obligations hereunder shall be in writing, and be delivered in person,
or by registered mail, postage prepaid mail, generally accepted courier service or
facsimile to the following addresses of the Parties:
	 
	 	 	 	Party A: Shengting Information Technology (Shanghai) Co., Ltd.
	 
	 	 	 	Address: Room 103, Building 3, No. 356 Guoshoujing Road, Zhangjiang Hi-Tech Park,
Shanghai
	 
	 	 	 	Party B: Wang Dong-xu
	 
	 	 	 	Address: Room 301, No. 6, Lane 1025, Shangcheng Road, Pudong New Area, Shanghai
	 
	 	 	 	Party C: Chen Ming-feng
	 
	 	 	 	Address: Room 402, No. 65, Lane 1077, Bei’ai Road, Pudong New Area, Shanghai
	 
	 	 	 	Party D: Shanghai Hongwen Networking Technology Co., Ltd.
	 
	 	 	 	Address: Room 107, Building 3, No. 1085 Sunhuan Road, Zhangjiang Town,
Pudong New Area, Shanghai
	 
	 	9.2.2	 	Any notice and correspondence shall be deemed to have been effectively
delivered:
	 
	 	(1)	 	at the exact time displayed in the corresponding transmission record, if
delivered by facsimile, unless such facsimile is sent after 5:00 pm or on a
non-business day in the place where it is received, in which case the date of
receipt shall be deemed to be the following business day;
	 
	 	(2)	 	on the date that the receiving Party signs for the document, if
delivered in person (including express mail);
	 
	 	(3)	 	on the fifteenth (15th) day after the date shown on the registered mail
receipt, if sent by registered mail.
	 
	 	9.2.3	 	Binding Force

	 	 	 	This Agreement shall be binding upon each Party hereto.

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	 	9.3	 	Language
	 
	 	 	 	This Agreement is made in Chinese with four (4) copies.
	 
	 	9.4	 	Day and Business Day
	 
	 	 	 	A Day mentioned herein shall refer to a calendar day, and a
Business Day mentioned herein shall refer to a day from Monday
to Friday.
	 
	 	9.5	 	Headings
	 
	 	 	 	The headings hereunder are for reading convenience only, and shall not affect the
interpretations to this Agreement.
	 
	 	9.6	 	Supplementary Provisions
	 
	 	 	 	The Grantors shall bear the obligations, undertakings and liabilities
hereunder to Party A severally and jointly. As for Party A, any breach
by any party of the Grantors shall constitute the breach of the
Grantors automatically.
	 
	 	9.7	 	Pending Matters
	 
	 	 	 	Any matter not covered herein shall be settled through negotiations by
and among the Parties in accordance with the laws of the PRC.

[There is no text on this page below.]

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IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this
Agreement on the date first written above.

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

Legal
Representative/Authorized Representative:
/s/ Danian Chen     

Title: Representative
Director

	 	 	 	 	 
	 	Party B: Wang Dong-xu (Signature)

 	 
	 	/s/ Dongxu Wang
 	 
	 	 	 

	 	 	 	 	 
	 	Party C: Chen Ming-feng (Signature)

 	 
	 	/s/ Mingfeng Chen
 	 
	 	 	 

Party D: Shanghai Hongwen Networking Technology Co., Ltd. (Seal)

Legal Representative/Authorized Representative: /s/ Danian Chen     

Title: Representative
Director

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	 	 	Appendix 1: Equity Transfer Agreement

Equity Transfer Agreement

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

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

Address: Room 103, Building 3, No. 356 Guoshoujing Road, Zhangjiang Hi-Tech Park, Shanghai; and

Party B: Wang Dong-xu (ID Card No.: 310226751124032)

Residence: Room 301, No. 6, Lane 1025, Shangcheng Road, Pudong New Area, Shanghai; and

Party C: Chen Ming-feng (ID Card No.: 330224197902160012)

Residence: Room 402, No. 65, Lane 1077, Bei’ai Road, Pudong New Area, Shanghai; and

Party D: Shanghai Hongwen Networking Technology Co., Ltd.

Address: Room 107, Building 3, No. 1085 Sunhuan Road, Zhangjiang Town, Pudong New Area, Shanghai.

(Party A, Party B, Party C and Party D hereinafter individually referred to as a “Party” and
collectively the “Parties”.)

Whereas,

	 	1.	 	Party A is a wholly foreign-owned enterprise incorporated and existing under the laws of the
People’s Republic of China (the “PRC”);
	 
	 	2.	 	Party D is a domestic company incorporated in Shanghai. Party B and Party C currently
together hold 100% of equity interest in Party D the “Equity”);
	 
	 	3.	 	Party B and Party C desire to transfer, and Party A and/or a third party designated by Party
A agree(s) to accept, the Equity in whole or in part in accordance with the Amended and
Restated Exclusive Call Option Agreement by and among Party B, Party C and Party A (the
“Equity Transfer”).

NOW THEREOFR, it is hereby agreed as follows:

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	 	1.	 	Equity Transfer

	 	1.1	 	Party B and Party C agree to transfer the Equity to Party A, and Party A agrees to
acquire such Equity. Upon completion of the Equity Transfer, Party A shall hold 100% of the
Equity.

	 	1.2	 	Party A shall pay Party B and Party C in the amount of RMB [ ]
as the consideration of the Equity Transfer in accordance with Section 2 hereof.

	 	1.3	 	Party B and Party C agree on the Equity Transfer under this Section, and will cause
other shareholders of Party D (other than Party B and Party C) to sign necessary documents
such as resolutions of shareholders’ meeting and waiver of pre-emption right of the Equity,
and to assist in completing other formalities as necessary for the Equity Transfer.

	 	1.4	 	Party B, Party C and Party D shall take all necessary actions jointly or individually,
including but not limited to entering into this Agreement, adopting the resolutions of
shareholders’ meeting and the amendments to the articles of association, for the purpose of
effecting the Equity Transfer and shall be responsible for obtaining all governmental
approvals or completing all registration formalities with the Administration for Industry
and Commerce within ten (10) business days from the date when Party A issues the exercise
notice in accordance with the Amended and Restated Exclusive Call Option Agreement through
which Party A is registered as the owner of the Equity.

	2.	 	Payment for Transfer Price

	 	2.1	 	Party A shall pay RMB[ ] and RMB[ ] to [ ] and [ ] respectively within five (5)
business days after Party B and Party C complete all governmental approval and registration
formalities in relation to the Equity Transfer.

	 	2.2	 	Party B and Party C shall provide Party A with appropriate receipts within five (5)
business days after they receive the payment set out in section 2.1 above.

	3.	 	Representations and Warranties

	 	3.1	 	Each of the Parties hereto represents and warrants that:

	 	(a)	 	It is a company legally incorporated and existing or an individual with full civil
capacity, and has complete powers and abilities to enter into this Agreement and other
documents in relation to this Agreement and necessary to achieve the purpose of this
Agreement;

	 	(b)	 	It has taken or will take all necessary actions to authorize the execution, delivery
and performance of this Agreement and the documents in relation to the transaction
hereunder, and such execution, delivery and performance shall not violate any

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	 	 	 	relevant laws, regulations and governmental provisions, nor infringe the legitimate
rights and interests of any third party.

	 	3.2	 	Party B, Party C and Party D represent and warrant jointly and individually to Party A
that:

	 	(a)	 	Party B and Party C currently hold 100% Equity of Party D lawfully and effectively,
and the acquisition and possession of such Equity by Party B and Party C does not violate
any laws, regulations or governmental decisions or infringes the interests and rights of
any third party;

	 	(b)	 	Party D is a limited liability company incorporated and existing under the laws of
the PRC, and it has full capacity and the rights to own, dispose of and operate its assets
and business, and to carry out the business in process or planned. Party D has obtained
all permits, qualification certificates or other governmental approvals, permits, records
and have completed all registration formalities in relation to all businesses specified in
its business license;

	 	(c)	 	Party D has never violated any relevant laws, regulations or governmental provisions
since its establishment;

	 	(d)	 	There is no encumbrance over or other rights of a third party against the Equity;

	 	(e)	 	None of them has omitted any documents or information provided to Party A, in
relation to Party D or Party D’s business, which may affect Party A’s decision in entering
into this Agreement;

	 	(f)	 	They will not authorize or cause Party D to change the registered capital or
shareholding structure of Party D by any means prior to the completion of the Equity
Transfer.

	4.	 	Validity and Term
	 
	 	 	This Agreement shall be executed and come into effect on the date first written above.

	5.	 	Dispute Resolution

	 	 	Any dispute arising out of the interpretation to or performance of this Agreement shall be
resolved through friendly negotiation(s). In the event that the Parties fail to agree on a
dispute resolution within thirty (30) days after one Party proposes to resolve the dispute
through friendly negotiation(s), any Party may submit such dispute to the China International
Economic and Trade Arbitration Commission Shanghai Commission (“CIETACSC”) according to the then
effective rules of CIETACSC. Such arbitration

16

 

	 	 	shall be carried out in Shanghai. The language in the arbitration proceedings shall be in
Chinese. The awards shall be final and binding upon the Parties.

	6.	 	Governing Law

	 	 	The validity of, interpretation and enforcement to this Agreement shall be governed by the laws
of the PRC.

	7.	 	Amendment and Supplement to the Agreement

	 	 	The Parties shall amend and supplement this Agreement in writing. Any amendment and supplement
shall be integral to this Agreement after being executed by the Parties and shall have the same
force and effect with this Agreement.

	8.	 	Severability

	 	 	In the event that any provision hereof becomes invalid or unenforceable due to conflicts with
relevant laws, such provision shall be held invalid or unenforceable to the extent required by
the relevant governing laws, and shall not affect the validity of the remaining provisions of
this Agreement.

	9.	 	Appendix to Agreement

	 	 	Any appendix to this Agreement shall be integral to this Agreement and shall have the same force
and effect with this Agreement.

	10.	 	Miscellaneous

	 	10.1	 	This Agreement is made in Chinese with [ ] counterparts.

	 	10.2	 	In the event that Party A appoints any third party to exercise the option, the “Party
A” mentioned in this Equity Transfer Agreement shall refer to Party A and/or the third
party designated by Party A as the case may be.

[There is no text on this page below.]

17

 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this
Agreement on the date first written above.

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

Legal Representative/Authorized Representative:

Title:

Date:

	 	 	 	 	 
	 	Party B: Wang Dong-xu (Signature)

 	 
	 	 	 
	 	 	 

	 	 	 	 	 
	 	Party C: Chen Ming-feng (Signature)

 	 
	 	
 	 

Date:

Party D: Shanghai Hongwen Networking Technology Co., Ltd. (Seal)

Legal Representative/Authorized Representative:

Title:

18exv10w7

Exhibit 10.7

Amended
and Restated Share Pledge Agreement

This
Amended and Restated Share Pledge Agreement (hereinafter referred to as this
“Agreement”) is entered into on this 18th of March, 2011 in Shanghai, the People’s
Republic of China (“PRC”) by and among:

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

Address: Room 103, Building 3, No. 356 Guoshoujing Road, Zhangjiang Hi-Tech Park, Shanghai; and

Party B: Wang Dong-xu (ID card No.: 310226751124032)

Residence: Room 301, No.6, Lane 1025, Shangcheng Road, Pudong New Area, Shanghai; and

Party C: Chen Ming-feng (ID card No.: 330224197901260012)

Residence: Room 402, No. 65, Lane 1077, Bei’ai Road, Puong New Area, Shanghai.

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

Whereas,

	1.	 	Party A is a wholly foreign-owned enterprise duly incorporated and existing under the laws of
the People’ Republic of China (the “PRC”);
	 
	2.	 	Shanghai Hongwen Networking Technology Co., Ltd. (hereinafter referred to as the “Company”)
is a limited liability company incorporated in the PRC;
	 
	3.	 	Party B and Party C are shareholders of the Company (hereinafter referred to as the
“Pledgors”), each holding a 50% equity interest in the Company respectively;
	 
	4.	 	For the benefit of the establishment and development of the Company, each of the Pledgors and
Party A entered into a loan agreement respectively in 2008, according to which the Pledgors
borrowed RMB1 million from Party A for the purpose of making contribution to the registered
capital of the Company. On the date hereof, each of the Pledgors and Party A entered into an
amended and restated loan agreement (the “Amended and Restated Loan Agreement”) whereby the
Pledgors borrowed RMB9 million from Party A for the purpose of making contribution to the
increased registered capital of the Company. As of the date hereof, Party A has lent RMB 10
million (the “Loan”) to the Pledgors in total;
	 
	5.	 	Party A, the Company and the Pledgors entered into an exclusive call option agreement in 2008
and entered into an amended and restated exclusive call option agreement on the date hereof
(the “Amended and Restated Option Agreement”);
	 
	6.	 	On the date hereof, Party A, the Company and the Pledgors entered into a business operations
agreement, and Party A and the Company entered into an exclusive technology consulting and
service framework agreement (the “Exclusive Technology Framework Agreement”);
	 
	7.	 	In order to ensure the repayment of the Loan under the Amended and Restated Loan Agreement,
the collection of the service fees under the Exclusive Technology Framework Agreement by Party
A from the Company and the performance of all the obligations by the Pledgors and the Company
under the Amended and Restated Option Agreement and the Business Operations Agreement
(Collectively, the “Agreement Obligations”), the Pledgors pledge all of the Equity Interest as a security of the
performance of the obligations under the aforementioned agreements in favor of Party A who is
the Pledgee hereunder.

1

 

	8.	 	Party A and the Pledgors entered into a share pledge agreement in 2008 (“2008
Share Pledge Agreement”), and agree to amend and restate the
2008 Share Pledge Agreement to read as set forth herein and this Agreement shall supersede the 2008
Share Pledge Agreement.

NOW THEREFORE, based on the principle of equality and mutual benefits and through
friendly negotiation, the Parties agree as follows:

	1.	 	Definition
	 
	 	 	Unless otherwise specified in the context, the capitalized terms used in this Agreement shall
have the meaning set forth below:

	 	1.1	 	“Right of Pledge” shall mean the rights conferred upon Party A pursuant to
Section 2 hereunder.
	 
	 	1.2	 	“Equity Interest” shall mean all the equity interest held by the Pledgors
lawfully and all present and future rights and interests conferred on such equity
interest.
	 
	 	1.3	 	“Each Agreement” shall mean the abovementioned Amended and Restated Loan
Agreement, the Amended and Restated Option Agreement, the Exclusive Technology
Consulting and Service Framework Agreement and the Business Operations Agreement.
	 
	 	1.4	 	“Event of Default” shall mean any event set forth in Section 7 hereunder.
	 
	 	1.5	 	“Notice of Default” shall mean the notice of default issued by Party A in
accordance with this Agreement for declaring the default.

	2.	 	Pledge

	 	2.1	 	The Pledgors pledge all of the Equity Interest in the Company in favor of Party A
as a security for Party A’s rights and interests under Each Agreement.
	 
	 	2.2	 	The pledge of equity interest hereunder shall be a security for all fees
(including legal costs), expenditures, losses, interests, liquidated damages,
compensations, expenses for realization of creditor’s rights, payable to Party A by the
Company and/or the Pledgors, and the liabilities of the Company and the Pledgors towards
Party A when Each Agreement becomes invalid in whole or in part for any reason.
	 
	 	2.3	 	The Right of Pledge hereunder refers to the right of Party A to be compensated
on a preferential basis with discount sale, auction or disposition price of the pledged
Equity Interest.
	 
	 	2.4	 	Unless otherwise expressly agreed in writing by Party A after this Agreement
comes into effect, the Pledge hereunder may be released only when the Company and the
Pledgors have duly performed all of their obligations hereunder and such performance
have been accepted by Party A in writing. In the event that the Company or the Pledgors
fails to perform the whole or any part of their obligations or liabilities under Each Agreement when the term of Each
Agreement expires, Party A shall be still entitled to the Right of Pledge hereunder,
unless and until the said obligations and liabilities are performed in a way
satisfactory to Party A.

2

 

	3.	 	Validity and Term

	 	3.1	 	This Agreement shall come into effect from the date when it is entered into by
the Parties, and the Right of Pledge shall come into effect from the date when the
Pledge is duly registered with the Administration for Industry and Commerce.
	 
	 	3.2	 	In the event that the Company fails to pay the service fees or to perform any
other provisions under the Exclusive Technology Framework Agreement, or fails to perform
any provision under the Business Operations Agreement or the Amended and Restated Option
Agreement in the pledge period, Party A is entitled to exercise the Right of Pledge in
accordance with this Agreement after giving reasonable notice.

	4.	 	Possession and Safekeeping of Pledge Documents

	 	4.1	 	The Pledgors shall deliver their shareholder contribution certificates (original
copy) to Party A within ten (10) business days from the execution date of this Agreement
or on any other earlier date mutually agreed by the Parties, provide Party A with the
certificate evidencing that the Pledge hereunder has been duly recorded in the equity
register, complete all approval, registration and filing as required by the laws and
regulations of the PRC, and submit the equity pledge registration certificates issued by
the Administration for Industry and Commerce. The forms of the shareholder contribution
certificate and the equity register are referred to in the Appendices hereto.
	 
	 	4.2	 	In case of any changes to the pledge of equity interest which is required to be
registered according to laws, Party B, Party C and Party A shall have such changes
registered pursuant to relevant laws and regulations within five (5) business days from
the date when such changes occur and submit relevant registration documents for such
changes.
	 
	 	4.3	 	The Pledgors shall cause the Company not to declare or distribute any dividends
or profits during the term of pledge unless agreed by Party A in writing in advance.
	 
	 	4.4	 	In the event that any Pledgor subscribes any new registered capital of the
Company or acquires any equity interest from other pledgors hereunder (collectively
hereinafter referred to as the “Increased Equity”) during the term of pledge, such
Increased Equity shall become part of the Equity Interest under the pledge hereunder
automatically. In such case, the Pledgors shall complete all formalities as necessary
for pledging the Increased Equity within ten (10) business days after the Increased
Equity is acquired. In the event that the Pledgors fail to complete relevant formalities
according to the foregoing provisions, Party A shall be entitled to exercise the Right
of Pledge with immediate effect in accordance with Section 8 hereunder.

	5.	 	Representations and Warranties
	 
	 	 	The Pledgors represent and warrant to Party A as follows as of the execution date of this Agreement, and acknowledge that the execution and performance of this Agreement by Party A
rely upon such representations and warranties.

3

 

	 	5.1	 	The Pledgors lawfully own the Equity Interest and have the rights to pledge such
Equity Interest in favor of Party A.
	 
	 	5.2	 	There is no claim or intervention from any third party when Party A exercises its
rights or the Right of Pledge in accordance with this Agreement at any time.
	 
	 	5.3	 	Party A is entitled to exercise the Right of Pledge in a manner as provided
under the laws, regulations and this Agreement.
	 
	 	5.4	 	The execution of this Agreement and the performance of their obligations
hereunder have been duly authorized or approved, and shall not violate any applicable
laws and regulations and the articles of association of the Company.
	 
	 	5.5	 	There is no other encumbrance or secured rights and benefits (including but not
limited to pledges) in favor of a third party against the Equity Interest held by the
Pledgors.
	 
	 	5.6	 	There is no pending civil, administrative or criminal suit or administrative
penalty or arbitration in relation to the Equity Interest, nor civil, administrative or
criminal suit or administrative penalty or arbitration that may arise in the future.
	 
	 	5.7	 	There is no due and outstanding tax, expense, or due and uncompleted legal
proceeding or formality in relation to the Equity Interest.
	 
	 	5.8	 	All provisions hereof constitute their true intents and are legally binding upon
them.

	6.	 	Covenants and Undertakings by Pledgors

	 	6.1	 	During the term of this Agreement, the Pledgors covenant and undertake to Party A
that the Pledgors shall:

	 	6.1.1	 	not assign the Equity Interest, create or permit to create any
pledges in favor of any third party that may have an adverse effect on the
rights of Party A in any way without Party A’s prior written consents, except
for transfer of the Equity Interest to Party A or any other person designated
by Party A at the request of Party A;
	 
	 	6.1.2	 	abide by all applicable laws and regulations, and notify Party
A of any notice, order or suggestion within five (5) business days after
receipt thereof from relevant competent authorities, and take actions according
to Party A’s reasonable instructions;
	 
	 	6.1.3	 	notify Party A in a timely manner of any events or any notices
received which may affect the Equity Interest or any part of their rights, and
any events or any notices received which may affect the Pledgors’ covenant and
obligations under this Agreement or which may affect the Pledgors’ performance
of their obligations under this Agreement, and take actions according to Party
A’s reasonable instructions.

4

 

	 	6.2	 	The Pledgors agree that the exercise of the Right of Pledge by Party A hereunder
shall not be interrupted or impaired by them or their successors or assignees or any
other persons.
	 
	 	6.3	 	In order to protect or improve the security hereunder against the repayment and
the obligations of the Pledgors and/or the Company under Each Agreement, the Pledgors
undertakes to Party A that they will cause the Company to amend its articles of
association to the extent necessary, execute all title certificates and deeds requested
by Party A in good faith and cause other persons related to the Right of Pledge to do
so, perform the actions required by Party A and cause other related persons to do so,
provide convenience for the exercise of the Right of Pledge by Party A, enter into legal
documents with Party A or any third party designated by Party A with respect to
modification of the equity register, and provide Party A within a reasonable period with
all necessary documents in relation to the Right of Pledge as Party A believes
necessary.
	 
	 	6.4	 	The Pledgors hereby individually and jointly undertake that, in case of any
equity transfer as a result of Party A’s exercise of the Right of Pledge pursuant to
Section 8 hereunder, they will waive the preemptive right with respect to such equity
transfer.
	 
	 	6.5	 	For the sake of Party A’s benefits, the Pledgors undertake to Party A that they
will abide by and perform all of their warranties, undertakings, agreements and
statements. In the event that the Pledgors fail to perform or incompletely perform their
warranties, undertakings, agreements and statements, they shall indemnify all of Party
A’s losses arising therefrom.

	7.	 	Events of Default

	 	7.1	 	Any of the following events shall be an event of default:

	 	7.1.1	 	The Pledgors or the Company or their respective successors or
assignees fail to fully perform the obligations under Each Agreement;
	 
	 	7.1.2	 	Any of the representations, warranties or undertakings of the
Pledgors under Sections 5 and 6 hereof is materially misleading or wrong,
and/or there exist any actions which violate the representations, warranties or
undertakings of the Pledgors under Sections 5 and 6 hereof;
	 
	 	7.1.3	 	The Pledgors violate any provisions hereof materially;
	 
	 	7.1.4	 	The Pledgors dispose of the Equity Interest, unless otherwise
specified in Section 6.1.1;
	 
	 	7.1.5	 	The Pledgors’ borrowings, security, compensations,
undertakings or any other liabilities are required to be repaid or performed
prior to the scheduled due date or are due but can not be repaid and performed
as scheduled and thereby cause Party A to deem that the Pledgors’ capability to
perform the obligations herein has deteriorated and thus has damaged Party A’s
interests;
	 
	 	7.1.6	 	The Pledgors fail to repay their general liabilities or other
debts due and thereby Party A’s benefits are affected;

5

 

	 	7.1.7	 	This Agreement becomes invalid or the Pledgors are unable to
further perform their obligations hereunder due to the promulgation of relevant
laws;
	 
	 	7.1.8	 	Any governmental consents, permits, approvals or
authorizations, which are necessary to the enforcement, legitimacy or validity
of this Agreement, have been withdrawn, suspended, expired or modified
substantially;
	 
	 	7.1.9	 	Adverse changes occur to the properties owned by the Pledgors,
which make Party A deem that the Pledgors’ capability to perform their
obligations hereunder have been affected adversely;
	 
	 	7.1.10	 	Other circumstances where Party A is unable to exercise the Right of Pledge
hereunder in accordance with the laws and regulations.

	 	7.2	 	In the event that the Pledgors are aware of or find out any matter specified in
Section 7.1 or any other events that may result in occurrence of any of the foregoing
events, they shall inform Party A of such matters or events in writing forthwith.
	 
	 	7.3	 	Unless an event of default under Section 7.1 above is solved to the satisfaction
of Party A, Party A may at any time send a written Notice of Default to the Pledgors
when or after such default arises, and require the Pledgors to make full repayment of
the Loan or exercise the Right of Pledge in accordance with Section 8 hereunder.

	8.	 	Exercise of Right of Pledge

	 	8.1	 	Party A shall send the Notice of Default to the Pledgors when Party A exercises
the Right of Pledge for reason of default by the Pledgors.
	 
	 	8.2	 	Subject to Section 7.3 hereunder, Party A may exercise the Right of Pledge at any
time when Party A gives the Notice of Default in accordance with Section 7.3 hereunder.
	 
	 	8.3	 	Party A shall be entitled to exercise the Right of Pledge in accordance with laws
until the Loan is fully repaid and any liabilities, outstanding service fees and other
payables under Each Agreement are fully cleared.
	 
	 	8.4	 	When Party A exercises the Right of Pledge, the Pledgors shall not interrupt such
exercise, and shall give necessary assistance so that Party A is able to exercise the
Right of Pledge.

	9.	 	Assignment

	 	9.1	 	Without Party A’s prior written consent, the Pledgors shall not assign any of
their rights and/or obligations hereunder to any third party.
	 
	 	9.2	 	This Agreement shall be binding upon the Pledgors and their successors, and inure
to the benefit of Party A and its successors or assignees.
	 
	 	9.3	 	Party A may at any time assign all or any part of its rights or obligations
hereunder to any third party designated by it. In such case, such third party shall
enjoy and bear Party A’s rights and obligations hereunder. When Party A assigns its rights and obligations under this Agreement, the Pledgors shall execute
the agreements and/or documents in relation to such assignment at Party A’s request.

6

 

	 	9.4	 	In the event that the Pledgee is changed for the reason of the said assignment,
the parties to the changed pledge shall enter into a new pledge agreement, and the
Pledgors shall be responsible for completing all relevant registration formalities.

	10.	 	Commission Charge and Other Fees

	 	10.1	 	Any fees and out-of-pocket expenses in relation to this Agreement, including but
not limited to legal fees, costs of duplicate, stamp duties and any other taxes and
fees, shall be equally borne by Party A and the Pledgors.

	11.	 	Force Majeure

	 	11.1	 	When the performance of this Agreement is delayed or interrupted due to any Force
Majeure Events, the Party so affected (the “Affected Party”) shall be excused from such
delayed or interrupted performance. “Force Majeure Events” shall mean any events beyond
the reasonable controls of the Affected Party, which are unavoidable even if the
Affected Party takes a reasonable care, including but not limited to governmental acts,
Act of God, fires, explosion, geographic variation, storms, floods, earthquakes, morning
and evening tides, lightning or wars. However, any shortage of credits, funds or
financing shall not be deemed as the events beyond reasonable controls of the Affected
Party. The Affected Party seeking for the exemption of any performance under this
Agreement or any provision hereof shall inform the other Party of such exemption and its
proposed measures for making further performance as soon as practicable.
	 
	 	11.2	 	The Affected Party shall be exempted from any liability hereunder provided that
it shall have tried its best efforts to perform this Agreement. However, the exempted
liabilities shall be subject to such delayed or interrupted performance. Once the
causations for the said exemption are corrected or remedied, each party shall try its
best efforts to recover the performance of this Agreement.

	12.	 	Governing Law and Dispute Resolution

	 	12.1	 	The conclusion, validity, performance, interpretation and dispute resolution of
this Agreement shall be governed by and construed in accordance with the laws of the
PRC.
	 
	 	12.2	 	Any dispute arising out of the interpretation to or performance of this Agreement
shall be resolved through friendly negotiation by the Parties; if the dispute cannot be
resolved through negotiation, any Party may submit such dispute to the China
International Economic and Trade Arbitration Commission Shanghai Commission (“CIETACSC”)
according to the then effective arbitration rules of CIETACSC. Such arbitration
proceedings shall be carried out in Shanghai. The language in the arbitration
proceedings shall be Chinese. The awards are final and binding upon the parties hereto.
	 
	 	12.3	 	Save for the matters under disputes, the Parties shall continue to perform their
respective obligations in good faith in accordance with this Agreement.

7

 

	13.	 	Notices

	 	13.1	 	All notices and correspondence for the purpose of exercising the rights and
performing the obligations hereunder shall be in writing, and be delivered in person, or
by registered mail, postage prepaid mail, generally accepted courier service or
facsimile to the following addresses of the Parties:
	 
	 	 	 	Party A: Shengting Information Technology (Shanghai) Co., Ltd. 
Address: Room 103, Building 3, No. 356 Guoshoujing Road, Zhangjiang Hi-Tech Park,
Shanghai
	 
	 	 	 	Party B: Wang Dong-xu
 Address: Room 301, No. 6, Lane 1025, Shangcheng Road, Pudong New Area, Shanghai
	 
	 	 	 	Party C: Chen Ming-feng
 Address: Room 402, No. 65, Lane 1077, Bei’ai Road, Pudong New Area, Shanghai
	 
	 	13.2	 	Any notice and correspondence shall be deemed to have been effectively delivered:

	 	13.2.1	 	at the exact time displayed in the corresponding transmission record, if
delivered by facsimile, unless such facsimile is sent after 5:00 pm or on a
non-business day in the place where it is received, in which case the date of
receipt shall be deemed to be the following business day;
	 
	 	13.2.2	 	on the date that the receiving Party signs for the document, if delivered in
person (including express mail);
	 
	 	13.2.3	 	on the fifteenth (15th) day after the date shown on the registered mail
receipt, if sent by registered mail.

	14.	 	Appendix
	 
	 	 	Any appendix to this Agreement shall be an integral part hereof.

	15.	 	Waiver
	 
	 	 	Any failure or delay to exercise any of its rights, remedies, powers or privileges hereunder
by Party A shall not constitute a waiver of such rights, remedies, powers or privileges by
Party A. Any single or partial exercise of any of its rights, remedies, powers or privileges
hereunder by Party A shall not affect the exercise of any other rights, remedies, powers or
privileges hereunder by Party A. The rights, remedies, powers or privileges hereunder are
accumulated without any prejudices to any rights, remedies, powers or privileges specified by
any laws and regulations.
	 
	16.	 	Miscellaneous

	 	16.1	 	Any amendments, supplements or alterations to this Agreement shall be made in
writing, which come to effect after they are executed and sealed (if applicable) by the
Parties.
	 
	 	16.2	 	The Parties hereby confirm that this Agreement constitutes the fair and reasonable agreements by and between them on the basis of equality and mutual
benefits. In the event that any provision hereof becomes invalid or unenforceable
because such provision conflicts with relevant laws, such provision shall be void
and null or unenforceable under applicable laws, and shall not affect the validity
and enforcement of the remaining provisions of this Agreement.

8

 

	 	16.3	 	The Pledgors undertake that any provision herein is binding upon them regardless
of any change of the Company’s Equity Interest respectively held by each of them in the
future, and that this Agreement shall be applicable to all of the Company’s Equity
Interest to be held by each of them then.
	 
	 	16.4	 	The Parties hereby agree and acknowledge that this Agreement shall supersede the
2008 Equity Interest Pledge Agreement entered into by and among the Parties as of the
execution date hereof.
	 
	 	16.5	 	This Agreement is made in Chinese with three (3) originals with each Party
holding one original.

[There is no text below on this page.]

9

 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this
Agreement on the date first written above.

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

Legal Representative/Authorized Representative: /s/ Danian Chen

Title: Representative
Director

Party B: Wang Dong-xu (Signature)

/s/ Dongxu_Wang

Party C: Chen Ming-feng (Signature)

/s/ Mingfeng_Chen

10

 

Appendix:

	1.	 	Equity Register

Equity Register of Shanghai Hongwen Networking Technology Co., Ltd.

Company’s Shareholders

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Name of Shareholder	 	ID Card No.	 	Address	 	Contribution	 	Ratio	 	Note
	Wang 

Dong-xu

	 	3102267511

24032
	 	Room 301, No. 6,
Lane
1025, Shangcheng
Road, Pudong New
Area, Shanghai
	 	RMB5

Million
	 	 	50	%	 	Pledged
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Chen 

Ming-feng

	 	3302241979

02160012
	 	Room 402, No 65,
Lane
1077, Bei’ai Road,
Pudong New Area,
Shanghai
	 	RMB5

Million
	 	 	50	%	 	Pledged

It is hereby verified that Wang Dong-xu, the shareholder of the Company, has pledged 50% Equity
Interest in the Company to Shengting Information Technology (Shanghai) Co., Ltd.

It is hereby verified that Chen Ming-feng, the shareholder of the Company, has pledged 50% Equity
Interest in the Company to Shengting Information Technology (Shanghai) Co., Ltd.

Shanghai Hongwen Networking Technology Co., Ltd.

(Seal)

Wang Dong-xu

Signature and Seal:

Chen Ming-feng

Signature and Seal:

Date:

11

 

	2.	 	Shareholder Contribution Certificate

Shareholder Contribution Certificate of

Shanghai Hongwen Networking Technology Co., Ltd.

Name of Company: Shanghai Hongwen Networking Technology Co., Ltd.

Incorporation Date of the Company: October 22, 2008

Registered Capital of Company: RMB10 Million

Name of Shareholder:

Contribution:

Contribution Method:

Contribution Date:

Chopped by Company:

Issuance Date:

12

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