Document:

Cooperation Agreement on Monternet WAP Services dated May 1, 2005

 Exhibit 4.21 
 Cooperation Agreement Between China Mobile Communications 
 Group Corporation and Monternet WAP
Service Provider 
 Party A: China Mobile Communications Group Corporation 
 Party B: Beijing Hutong Wuxian Technology Co., Ltd. 
 The parties hereto agree to establish cooperation in the
principle of equality, mutual benefit and win-win through friendly negotiation. This Agreement is hereby formulated to regulate the rights and obligations of the parties hereto during their cooperation. This Agreement shall have the same binding
power upon Party A and Party B. 
 I. Cooperation Principle 
 The parties hereto shall cooperate in good faith in the area of mobile data internet services (WAP) in the principle of benefit sharing, reciprocality and win-win. The parties hereto shall adhere to their agreements and provide active
cooperation with the other party’s work. 
 II. Cooperation Project 
 Party A, as the network operator, shall provide network platform and communication services, as well as operational and interfacing specifications for Monternet WAP services to Party B; Party B, as the service
provider, shall develop and provide application content services in accordance with the specifications provided by Party A. Party B may link its application content to Party A’s Monternet WAP main website subject to testing and permit of Party
A, the URL address of which is http://wap.monternet.com.  
 III. Obligations of the Parties 
 (I) Party A’s Obligations 
 1. Party A shall use the promotional
media under its control to promote and market Monternet WAP main website to attract website visits. 
 2. Party A shall provide to Party B technical
specifications and support for WAP connection, to ensure Party B’s smooth connection with Party A’s Monternet WAP main website. 
 3. Party A shall
provide to Party B necessary trainings as required by Party B. 
 4. Using the connection point of Party A’s WAP system firewall with Party B as the
boundary, Party A shall be responsible for the maintenance of all equipment on its own side to ensure the smooth operation of such equipment. 
 5. Party A
shall connect and make available Party B’s application services following Party A’s testing of such services on its Monternet WAP main website. 
 6. Party A shall be responsible for daily maintenance of Monternet WAP main website, and be responsible to address the technical breakdown caused by Party A, so as to ensure smooth operation of application services. 

 7. Party A shall provide free-of-charge network connection point service to Party B and assist Party B to cause its
application service to be connected with Monternet WAP main website. 
 8. Party A shall be responsible to determining all of the targets for operation of
WAP service, and inform Party B of such targets in whole and without ambiguity. Party A shall also give Party B reasonable time to realize such targets. 
 9. Party A shall be responsible to handle registration, log-on, verification and ID confirmation of users and feedback-related data to Party B. 
 10. Party A shall count the volume of visits to Monternet WAP main website and provide the data to Party B subject to Party B’s request. 
 11.
For the services provided by Party B at the Monternet WAP main website, Party A shall collect information service fees from its customers for their use of Party B’s services in light of the pricing materials provided by Party B, and settle the
fee with Party B pursuant to the provisions under Section 6 of this Agreement. 
 12. Party A shall be responsible to respond to and address inquiries
and complaints from customers. Any failure caused by network, gateway or operation platform of Party A shall be immediately addressed. For any failure caused by Party B, Party A shall communicate such failure to Party B and cause Party B to address
it immediately. If both Parties shall change the customer-service interface and business model in the subsequent negotiations, they shall further define such changes through supplemental agreements. 
 (II) Party B’s Obligations 
 1. Party B shall use all types of
media under its control (including website, WAP site, plane media and television etc.) to help China Mobile promote Monternet WAP main website (wap.monternet.com) and application services thereon and to attract visits to and use of such website.
Party B shall secure prior consent from Party A before Party B uses Party A’s name and business mark in its promotion of main Monternet WAP website; without prior written consent of Party A, Party B shall not use the name of “China
Mobile” or “Monternet” to conduct promotional activity unrelated to Monternet WAP business in media. 
 2. Party B shall be responsible to
provide application servers, application software, information source, special line for application data and other necessary equipment to the satisfaction of Party A on the basis of the parties’ cooperation project. 
 3. Party B shall provide active collaboration in Party A’s testing of connection points, and undertake to connect to the Monternet WAP main website in accordance
with WAP service and interfacing specifications provided by Party A. 
 4. Using the connection point of Party A’s WAP system firewall with Party B as
the boundary, Party B shall be responsible for the maintenance of all equipment on its own side to ensure smooth operation of such equipment. 
 5. Party B
shall achieve the following network performance targets subject to Party A’s testing and record-keeping: 
  

	 	a.	connection success rate during busy hours not less than 98%; 

  

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	 	b.	networking period (time for round-trip from WTBS Ping SP Server) not exceeding 0.1 second; 

  

	 	c.	SP response time (from the issue of business request from WTBS to the receipt of the response by WTBS) not exceeding 0.5 second. 

 6. Party B shall be responsible for immediately addressing the failure of application service caused on its side, and taking practical measures to prevent the
reoccurrence of such failure. Party B shall be liable for any economic losses thus incurred by Party A or its customer. 
 7. Party B shall be responsible to
negotiate and enter into commercial arrangements with direct providers of the application contents. Party B shall ensure the information and service it provides be subject to applicable State policies and regulations, do not infringe upon
consumers’ interest, intellectual property rights or relevant interest of any third party. Party B shall be solely liable for any proceedings arising therefrom. 
 8. Party B shall ensure that the use of Party B’s services be free of any obstacles to customers at the Monternet WAP main website. Unless permitted by Party A, Party B shall not require the users who have logged
on the Monternet WAP main website to undertake registration and verification, or require the users to undertake prior registration outside of the Monternet WAP main website. 
 9. Party B shall ensure the contents it provides be valuable to the user and timely updated. 
 10. Party B shall not provide
any other service to Party A’s customers through Party A’s WAP website without prior written consent of Party A . 
 11. Party B shall not provide
to any other telecommunication service operator the same content as provided to Party A by any transmission means whatsoever; otherwise, Party A may terminate the application services provided by Party B on Party A’s WAP main website and cease
fee settlement with Party B. 
 12. Party B shall discontinue any fee-based services on its own WAP website or other websites, otherwise Party A may
terminate the application services provided by Party B on Party A’s WAP main website and cease fee settlement with Party B. 
 13. If, prior to
cooperation with Party A, Party B has provided the same services on its own WAP website or WAP web sites of Party A’s provincial subsidiaries, Party B shall in principle discontinue such services but may add a link to the Monternet WAP main
website with the original website, otherwise Party A may terminate the services provided by Party B on Party A’s WAP main website and cease fee settlement with Party B. 
 14. Party B shall provide linkage to the portal page of Monternet WAP main website (http://wap.monternet.com) at its own WAP website, and recommend the Monternet application services to users. 
  

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 15. Party B may apply to provide its services at Party A’s main WAP website on a national or local level. However,
any service of the same type shall not be simultaneously provided on both the national and local level, i.e., any service provided locally shall not be provided nationally and vice versa, and any service provided provincially shall not be provided
nationally by linking with numerous provincial WAP websites of Party A; otherwise Party A may terminate Party B’s nationwide service. 
 16. Without
Party A’s written consent, Party B may not use its own brand or mark when providing its application services on the Monternet WAP main website. Instead, Party B shall use the uniform mark of the Monternet WAP main website. 
 17. The services provided by Party B on Party A’s WAP website shall not have linkage to the URL address of Party B or any third party. Instead, all services should
have linkage to return to the portal page of the Monternet WAP website (http://wap.monternet.com). 
 18. Party B shall provide to Party A clearly and
unambiguously all information required to calculate fees for the services provided by Party B, and shall assume all economic and legal liabilities related thereto. 
 19. Party B shall acquire the Business License (a Commercial Internet Information Service License ) approved and issued by the Ministry of Information Industry of People’s Republic of China (MII). The coverage of Party B’s
services shall be in compliance with the term and geographic coverage set forth in Party B’s Business License for value-added services. 
 IV. Rights
of the Parties 
 (I) Party A’s Rights 
 1. If
there is any policy adjustment by the competent authority, Party A shall have the right to inform Party B of the same, and make appropriate changes as required under the new policy. 
 2. Party A has the right to review or engage qualified institutions to review the information provided by Party B and the content of Party B’s application services, and also inspect the timeliness of the contents
provided by Party B. 
 3. Party A has the right to refuse transmission or may delete information which contravenes State directives, regulations and
policies and other contents that Party A deems inappropriate, and demand compensation for any adverse impact on Party A’s business and reputation. 
 4. Party A has the right to demand that Party B amend, modify and delete the above contents at Party A’s own discretion. 
 5. Party A has the right to determine targets for the application services provided by Party B, and review Party B’s performance in light of such targets. Party A has the right to require adjustment or modification to services that
failed to achieve such targets for three (3) months consecutively. If no adjustment or modification is made, or the services still fail to achieve the targets after adjustment or modification, Party A may cancel Party B’s qualification to
provide services. 
  

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 6. Party A shall have full discretion to determine the sequence of the services provided by Party B on Party A’s WAP
main website. 
 7. Party A has the right to give guidance and supervision of the pricing policy of Party B’s service. 
 8. Party A has the right to obtain reasonable revenue. (Refer to Section 6 of this Agreement for detailed allocation of revenue). 
 (II) Party B’s Rights 
 1. Party B has the right to provide
nationwide service or a local service on Party A’s WAP main website. Application to provide nationwide service shall be submitted to Party A, while application to provide local service shall be submitted to Party A’s local subsidiaries.
Party A will not provide settlement services for local service; instead, Party B shall enter into separate agreement with Party A’s local subsidiaries for fee settlement. 
 2. Party B has the right to determine the pricing of its services under Party A’s guidance. 
 3. Party B has the right
to obtain data regarding customer visits to the Party B’s information and application service contents through the network platform. 
 4. Without Party
B’s consent or written authorization, Party A shall not transfer, release or resell any information products provided by Party B to any other third party unrelated to this Agreement by any means. 
 5. Party B shall have the right to obtain a reasonable share of the business revenue. Refer to Section 6 of this Agreement for detailed allocation of revenue.

 6. In case of significant discrepancy between the data of Party A and Party B, Party B may require Party A to provide detailed statistical data for
verification. 
 V. Confidentiality Clause 
 1. Either
party shall maintain the confidentiality of Commercial Secrets and not disclose any such Commercial Secrets to any person or entity. “Commercial Secrets” shall mean any relevant data, price, quantity, technical scheme, terms and conditions
to this Agreement and any other information related to the businesses disclosed by either Party (“disclosing Party”) to the other Party (“receiving Party”), including its parents, its subsidiaries and its affiliates. 

2. Any information disclosed or may be disclosed by either Party to the other Party shall be the Confidential Information to this Agreement. The receiving Party shall
not disclose any such Confidential Information to any other third party or for any purposes other than those specifically set out in this Agreement. 
 3.
Either party and its employees, representatives, agents and other advisors who need to know such information to perform their responsibilities shall maintain the confidentiality obligations as stringently as the terms provided in this Article.

 4. The confidentiality obligations shall be effective during the Term of the Agreement and for one (1) year thereafter. 
  

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 VI. Revenue Sharing and Fee Settlement 
 1. Party A and Party B cooperate to provide WAP service to Party A’s customers, and both parties are entitled to reasonable revenue which shall be calculated based on the data generated in Party A’s billing
system. 
 2. Fee settlement under this Agreement is applicable only to nationwide services provided by Party B on Party A’s WAP main website, not to
the local services provided by Party B at Party A’s local websites. 
 3. Communication fees for use of Party A’s network resources to access WAP
services shall be solely owned by Party A. 
 4. The term of fee settlement shall commence as of the commencement of this project and end at the expiration
of this Agreement. 
 5. Party A’s billing system generates the fee receivable from its customers for use of Party B’s services on Monternet WAP
main website, of which 15% shall be Party A’s revenue of information fee, and the remaining 85% be paid to Party B. 
 6. Prior to the 20th day of each
month, Party A shall notify Party B of the information fee payable to Party B in the preceding month, and Party B shall issue an invoice in the category of service fee to Party A. 
 7. Within 5 business days after its receipt of such invoice, Party A shall remit the amount payable to Party B in the preceding month to Party B’s designated account. 
 8. Party A and Party B shall pay any tax arising from WAP business revenue respectively. 
 9. The fee settlement between Party A and Party B shall be based on the data generated in Party A’s billing system. If Party B has doubts on such data, Party A may provide a detailed schedule of telephone fees
and assist Party B to identify the cause therefore. However, no adjustment shall be made to the settled amount for such month. 
 10. Party B shall provide
its accurate bank account and related information to Party A: 
 Name of Beneficiary: Beijing Hutong Wuxian Technology Co.,
Ltd. 
 Opening Bank: Hua Xia Bank, Capital Gymnasium Sub-branch 
 Account No. 742-819935124 
 VII.
Force Majeure 
 1. If an event of Force Majeure occurs, include war, fire, flood, typhoons, earthquakes or any instances, which prevents total or partial
performance by either of the parties, a party’s contractual obligations affected by such an event under this Agreement shall be automatically extended for a period equal to the suspension caused by the Force Majeure. 
 2. “Force Majeure” shall mean all events which are beyond the control of the parties to this Agreement, and which are unforeseen, unavoidable or
insurmountable. The party 
  

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 claiming Force Majeure shall promptly inform the other party by telegraph, telex or fax, and shall furnish within
fourteen (14) days thereafter authoritative proof of the occurrence and duration of such Force Majeure by means of express or registered delivery for the other party’s review and confirmation. 
 3. A party may terminate the Agreement to the other party if the conditions or consequences of Force Majeure, which have a material adverse effect on the affected
party’s ability to perform, continue for a period in excess of 120 days. 
 VIII. Breach Liabilities 
 1. If either party breaches this Agreement and consequently causes this Agreement to become unenforceable, the non-breaching party has the right to terminate this
Agreement and hold the breaching party liable for any loss thus incurred. 
 2. If either party breaches this Agreement and consequently causes adverse
social impact or economic losses on the other party, the non-breaching party may hold the breaching party liable, require corresponding damages, or terminate this Agreement. 
 IX. Dispute Resolution 
 1. If any dispute arises relating to performance of this Agreement, the parties hereto shall
settle it through equal consultation. 
 2. If the consultation fails to resolve the dispute, either party may submit the dispute to Beijing Arbitration
Commission for arbitration according to its present rules. The arbitration award is final and legally binding upon both parties hereto. 
 X. Term of this
Agreement 
 1. This Agreement shall become effective as of the date on May 1, 2005, and valid on May 31, 2005. 
 2. This Agreement may be automatically null and void upon agreement by both parties during the term of this Agreement. 
 3. If the occurrence of force majeure makes it impossible to continue performance of this Agreement, this Agreement may be automatically terminated following settlement
of all outstanding accounts by both parties. 
 4. If the occurrence of a certain event makes it impossible for one party to continue performance of this
Agreement, and such event is foreseeable, such party shall notify such event to the other party within five working days after its reasonable forecast of such event, and cooperate with the other party to complete all outstanding matters. If such
party fails to notify the other party of such event and thus make the other party suffer losses, such party shall indemnify the other party correspondingly. 
 XI. Miscellaneous 
 1. Attachment to this Agreement, Monternet SP Cooperation Administrative Measures, WAP Handbook, has the same
legal effect as this Agreement. 
  

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 2. Any outstanding matter shall be addressed by both parties through friendly negotiation. 
 3. This Agreement is made in duplicate and each party shall hold one copy. Each copy shall have the same legal effect. 
 Party A; China Mobile Communications Group Corporation (seal) 
 Representative: Xiangdong LU 
 Date: 
 Party B: Beijing Hutong Wuxian Technology Co., Ltd. (seal) 
 Representative: Xinzi HUANG 
 Date: 
  

 8Domain Name License Agreement dated January 12, 2006

 Exhibit 4.95 
 DOMAIN NAME LICENSE AGREEMENT 
 This Domain Name License Agreement (the “Agreement”) is
entered into as of January 12, 2006 between the following two parties in Beijing. 
  

			
	The Licensor:	  	Hurray! Times Communications (Beijing) Ltd.
	Legal Address:	  	Room B 07, Tong Heng Plaza, No.4 Huanyuan Road, Haidian District, Beijing
		
	The Licensee:	  	Shanghai Magma Digital Technology Co. Ltd.
	Legal Address:	  	17F, YunHai Garden No. 118 QingHai Road, Shanghai China

 WHEREAS, the Licensor, a wholly foreign-owned enterprise registered in Beijing under the laws of
the People’s Republic of China (the “PRC”), owns the domain names of Magma-land.com and Magma-digital.com (the “Domain Names”). 
 WHEREAS, the Licensee, a limited liability company registered in Shanghai under the laws of the PRC, is approved by the relevant governmental authority to carry on the business of value added telecommunication
services; 
 WHEREAS, the Licensor agrees to license the Domain Names to the Licensee in accordance with the terms and conditions set forth
herein and the Licensee agrees to accept the license on the terms and conditions set forth herein; 
 NOW, THEREFORE, through mutual
negotiations, the parties hereto agree as follows: 
  

	1.	Grant of License 

  

	 	1.1	The Domain Names 

  

	 	Upon the terms and conditions hereinafter set forth, the Licensor hereby grants a general license to the Licensee to use the Domain Names, and the Licensee hereby accepts the
general license to use the Domain Names. 

  

	 	1.2	Scope 

  

	 	The use of the Domain Names granted by Licensor to Licensee extends only to the business operated by Licensee. The Licensee agrees that it will not make, or authorize any use,
direct or indirect, of the Domain Names by any other means, unless there are opposite stipulations in this Agreement. 

  

	2.	Terms of Payment 

  

	 	The Licensee agrees to pay the Licensor license fees and the specified amount of the license fees and the form of payment are set forth in Appendix 1. 

	3.	Goodwill 

  

	 	The Licensee recognizes the value of the goodwill associated with the Domain Names and the relevant rights, and acknowledges that the Domain Names therein and goodwill pertaining
thereto shall be the sole and exclusive property of the Licensor, and that the Domain Names have a secondary meaning in the mind of the public. 

  

	4.	Confidentiality 

  

	 	4.1	The Licensee shall protect and maintain the confidentiality of any and all confidential data and information acknowledged or received by the Licensee by accepting the license of the
Domain Names from the Licensor (collectively the “Confidential Information”). Upon termination or expiration of this Agreement, the Licensee shall, at the Licensor’s option, return Confidential Information to the Licensor or destroy
it itself and delete Confidential Information from any electronic devices and cease to use them. The Licensee shall not disclose, grant or transfer any Confidential Information to any third party and will not use the Confidential Information without
the Licensor’s written consent. 

  

	 	4.2	The parties agree that Section 4.1 shall survive any amendment, expiration or termination of this Agreement. 

  

	5.	Representations and Warranties 

  

	 	5.1	The Licensor represents and warrants as follows: 

  

	 	5.1.1	the Licensor is a company duly registered and validly existing under the laws of the PRC; 

  

	 	5.1.2	the Licensor has the exclusive ownership of Domain Names; 

  

	 	5.1.3	the Licensee, subject to its business scope and corporate power, has taken necessary steps and obtained full authority and all necessary consents and approvals of any other third
party and government to execute and perform this Agreement; 

  

	 	5.1.4	the Agreement will constitute a legal, valid and binding agreement of the Licensor and will be enforceable against the Licensor in accordance with its terms upon its execution.

  

	 	5.2	The Licensee represents and warrants as follows: 

  

	 	5.2.1	the Licensee is a company duly registered and validly existing under the laws of the PRC and is a limited liability company approved by the relevant governmental authority to carry
on the business of value added telecommunication services; 

  

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	 	5.2.2	the Licensee, subject to its business scope and corporate power, has taken necessary steps to obtain authority and all necessary consents and approvals of any other third
party and government to execute and perform this Agreement; 

  

	 	5.2.3	the Agreement will constitute a legal, valid and binding agreement of the Licensee will be enforceable against the Licensee in accordance with its terms upon its execution.

  

	6.	The Licensor’s Title and Protection of the Licensor’s Rights 

  

	 	6.1	The Licensee agrees that it will not, during the term of this Agreement, or thereafter, challenge the title, right of licencing or any rights of the Licensor in and to the Domain
Names or challenge the validity of this license. 

  

	 	6.2	The Licensee agrees to assist the Licensor to the extent necessary in the procurement of any protection or to protect any of the Licensor’s rights to the Domain Names, and the
Licensor, if it so desires may commence or prosecute any claims or suits in its own name or in the name of the Licensee or join the Licensee as a party thereto. The Licensee shall notify the Licensor in writing of any infringements of the Domain
Names that may come to the Licensee’s attention, and the Licensor shall have the sole right to determine whether or not any action shall be taken on account of any such infringements. 

  

	 	6.3	The Licensee further agrees to use the Domain Names only in accordance with this Agreement and shall not use the Domain Names in any way that, in the opinion of the Licensor, is
deceptive, misleading or in any way damages such Domain Names or the reputation of the Licensor. 

  

	7.	Quality Control 

  

	 	The Licensee shall use its best efforts to improve the quality of the Domain Names, in order to protect and enhance the reputation of the Domain Names. 

  

	8.	Promotion Materials 

  

	 	8.1	In all cases where the Licensee makes promotional materials involving the Domain Names, the production cost of such materials shall be borne by the Licensee. All copyrights or other
intellectual property rights of such materials concerning the Domain Names thereto shall be the sole and exclusive property of the Licensor whether developed by the Licensor or the Licensee. 

  

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	 	8.2	The Licensee agrees not to advertise or publicize any of the Domain Names on radio, television, papers, magazines, the Internet or otherwise without the prior written consent of the
Licensor. 

  

	9.	Competition 

  

	 	In the event that any of the Domain Names conflict with any of the trademarks or domain names used by any of the Licensor’s parent company or affiliate of the Licensor’s
parent company at the present time or any time in the future, then the Licensor shall have the right to terminate the Agreement by a written notice to the Licensee 30 days before such termination. 

  

	10.	Effective Date and Term 

  

	 	10.1	This Agreement has been duly executed by both parties’ authorized representatives as of the date first set forth above and shall be effective simultaneously. The term of this
Agreement is ten (10) years or the date of the expiration of period of validity of the Domain Names (whichever is earlier) unless earlier terminated as set forth below. However, the Licensor and the Licensee shall review this Agreement every
three (3) months to determine whether any amendment to the Agreement is necessary after considering the circumstances. 

  

	 	10.2	This Agreement may be extended one year only if the Licensor gives the Licensee its written consent of the extension of this Agreement before the expiration of this Agreement.
However, the Licensee has no right to confirm such extension. 

  

	11.	Termination 

  

	 	11.1	Termination on Expiration. 

  

	 	This Agreement shall expire on the earlier of the termination date or the date when the Licensor’s right to grant a license is terminated unless this Agreement is extended as
set forth above. 

  

	 	11.2	Early Termination 

  

	 	Without prejudice to any legal or other rights or remedies of the party who asks for termination of this Agreement, any party has the right to terminate this Agreement immediately
with written notice to the other party in the event the other party materially breaches this Agreement including, but not limited to, Sections 6.1, 6.2 and 6.3 of this Agreement and fails to cure its breach within 30 days from the date it receives
written notice of its breach from the non-breaching party. During the term of this Agreement, the Licensor may terminate this Agreement at any time with a written notice to the Licensee 30 days before such termination. 

  

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	 	11.3	Survival. 

  

	 	Articles 3, 4, 6 and 16 shall survive after the termination or expiration of this Agreement. 

  

	12.	Effect of Termination or Expiration 

  

	 	Upon and after the expiration or termination of this license, all rights granted to the Licensee hereunder shall forthwith revert to the Licensor, who shall be free to license
others to use the Domain Names and the Licensee will refrain from further use of the Domain Names or any, direct or indirect use. 

  

	13.	Force Majeure 

  

	 	13.1	Force Majeure, which includes acts of governments, acts of nature, fire, explosion, typhoon, flood, earthquake, tide, lightning, war, means any event that is beyond the party’s
reasonable control and cannot be prevented with reasonable care. However, any shortage of credit, capital or finance shall not be regarded as an event of Force Majeure. The party affected by Force Majeure shall notify the other party without delay.

  

	 	13.2	In the event that the affected party is delayed in or prevented from performing its obligations under this Agreement by Force Majeure, only within the scope of such delay or
prevention, the affected party will not be responsible for any damage by reason of such a failure or delay of performance. The affected party shall take appropriate means to minimize or remove the effects of Force Majeure and attempt to resume
performance of the obligations delayed or prevented by the event of Force Majeure. After the event of Force Majeure ends, both parties agree to resume the performance of this Agreement with their best efforts. 

  

	14.	Notices 

  

	 	Notices or other communications required to be given by any party pursuant to this Agreement shall be written in English and Chinese and shall be deemed to be duly given when it is
delivered personally or sent by registered mail or postage prepaid mail or by a recognized courier service or by facsimile transmission to the address of the relevant party or parties set forth below. 

  

			
	Licensor:	  	Hurray! Times Communications (Beijing) Ltd
		  	Room B 07, Tong Heng Plaza, No.4 Huanyuan Road, Haidian District, Beijing
		
	Licensee:	  	Shanghai Magma Digital Technology Co. Ltd.
		  	17F, YunHai Garden No. 118 QingHai Road, Shanghai China

  

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	15.	No Assignment or Sublicense by the Licensee 

  

	15.1	This Agreement and all the rights and duties hereunder are personal to the Licensee. The Licensee agrees that it will not assign, lease, pledge, sublicense, or in any other way
transfer the economic benefits of the license granted hereby or any portion of the rights included therein to any third party without the prior written consent of the Licensor. 

  

	15.2	The Licensee hereby agrees that the Licensor shall be able to transfer all or any of its rights and obligation under this Agreement to any third party at its discretion, and such
transfer shall only be subject to a written notice sent to the Licensee by the Licensor, and no any further consent from the Licensee will be required. 

  

	16.	Settlement of Disputes 

  

	 	The parties shall strive to settle any dispute arising from the interpretation or performance through friendly consultation. In case no settlement can be reached through
consultation within 30 days after one party ask for consultation, each party can submit such matter to the China International Economic and Trade Arbitration Commission (the “CIETAC”). The arbitration shall follow the current rules of
CIETAC, and the arbitration proceedings shall be conducted in Chinese and shall take place in Beijing. The arbitration award shall be final and binding upon the parties and shall be enforceable in accordance with its terms. 

 

	17.	Applicable Law 

  

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

  

	18.	Amendment and Supplement 

  

	 	Any amendment and supplement of this Agreement shall come into force only after both parties sign a written agreement. The amendment and supplement duly executed by both parties
shall be part of this Agreement and shall have the same legal effect as this Agreement. 

  

	19.	Severability 

  

	 	Any provision of this Agreement which is invalid or unenforceable because of violating the relevant laws in any jurisdiction shall, as to that jurisdiction, be ineffective to the
extent of such invalidity or unenforceability, without affecting in any way the remaining provisions hereof. 

  

	20.	Appendices 

  

	 	The Appendices referred to in this Agreement are an integral part of this Agreement and have the same legal effect as this Agreement. 

  

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	21.	Miscellaneous 

  

	 	This Agreement is executed in Chinese in two copies. 

 IN
WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed on their behalf by a duly authorized representative as of the date first set forth above. 
  

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	(No text on this page)
		
	By:	 	  

	the Licensor :    Hurray! Times Communications (Beijing) Ltd.
	
	Legal Representative:
		
	By:	 	  

	the Licensee:    Shanghai Magma Digital Technology Co. Ltd.
	
	Legal Representative:

  

 8 

 Appendix 1 
 Calculation and Payment Method of Domain Name License Fee 
 Licensee should pay for each domain name an
amount equal to RMB10,000 per year to Licensor as a license fee. The Licensor has the sole right to determine whether or not to exempt the Licensee’s obligation to pay the license fee. 
  

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