Document:

Exhibit 4.45

 

 

 

 

Amendment

 

to

 

Framework Purchase Agreement

 

 

 

 

by and among

 

Tianjin Jinhu Media Co., Ltd.

 

and

 

Liu Jian, Huang Hu

 

and

 

Beijing Wole InformationTechnology Co.,
Ltd.

 

and

 

Guangzhou Qianjun Internet Technology
Co., Ltd.

 

and

 

RENREN INC.

 

    	 

    	 

    

 

This Amendment to Acquisition Framework Agreement (this “Amendment”)
is entered into in Beijing, the People’s Republic of China (the “PRC”) on December 1, 2014 by and among:

 

		(1)	Tianjin Jinhu Media Co., Ltd., a limited liability company duly incorporated and validly
existing under the PRC laws, with its registered address at Unit 2101, 21/F Block C3, Area MSD-C, 79 First Avenue, Tianjin Economic
and Technical Development Zone;

 

		(2)	Liu Jian, a PRC citizen, ID Card No.: 310102197211124453;

 

		(3)	Huang Hui, a PRC citizen, ID Card No.: 320622197212230041;

 

		(4)	Beijing Wole Information Technology
Co., Ltd., a wholly foreign owned enterprise duly incorporated and validly existing under the PRC laws, with its registered
address at Room 209, No. 18 Building, 18 Jiuxiaoqiao Middle Road, Chaoyang District, Beijing;

 

		(5)	Guangzhou Qianjun Internet Technology Co., Ltd., a limited liability company duly incorporated
and validly existing under the PRC laws, with its registered address at Room 802, 36 Jian Zhong Road, Tianhe District, Guangzhou;

 

		(6)	RENREN INC., a company duly incorporated and validly existing under the laws of the Cayman
Islands and listed on the New York Stock Exchange, with its registered address at PO Box 309, Ugland House, Grand Cayman, KY1-1104,
Cayman Islands.

 

 

WHEREAS

 

The Parties entered into a framework purchase
agreement dated October 28, 2014 (the “Framework Agreement”), and now hope to amend the payment arrangement
of the Transaction Price provided in Article 2.2 of the Framework Agreement.

 

In consideration of the above, in accordance with Article
11.8 of the Framework Agreement and upon equal and voluntary negotiations between the Parties, the Parties agree upon this Amendment
with respect to the Framework Agreement:

 

		1.	The Parties agree and confirm that Article 2.2
of the Acquisition Framework Agreement shall be amended as:

 

“2.2
Calculation Formula and Time of Payment of the Transaction Price. The Parties agree that the
Transaction Price shall be paid by the Buyer to the Original Shareholders and the Target in two instalments according to the following
schedule:

 

    	  

    	 

    

 

2.2.1
First instalment of payment (the “First Payment”): including: (1) 100% of the
Transfer Price (i.e. RMB 20 million) shall be paid by the Buyer to each of the Original Shareholders according to their respective
percentage of the Target Equity to be transferred; and (2) 80% of the Repaid Debts minus RMB 4 million (i.e. 20% of the Transfer
Price) shall be paid by the Buyer to the Group Creditors to repay the debts owed by the Target to the Group Creditors.

 

The First Payment
shall be made in one lump sum to each of the Original Shareholders and the Group Creditors within 15 working days after the date
on which all the precedent conditions set forth in Article 4.1.2 hereof have been satisfied, or waived by the Buyer.

 

2.2.2 Second
instalment of payment (the “Second Payment”): the remaining amount of the Repaid Debts (i.e. 20% of the Repaid
Debts plus RMB 4 million (20% of the Transfer price)) shall be paid by the Buyer to the Group Creditors to repay the debts owed
by the Target to the Group Creditors.

 

The Second
Payment shall be made in one lump sum to each of the Group Creditors within 15 working days after the date on which all the precedent
conditions set forth in Article 4.2 hereof have been satisfied, or waived by the Buyer.”

 

		2.	No Further Amendments

 

The Parties agree that other
than the abovementioned amendments to Article 2.2 of the Framework Agreement, the other provisions shall remain unchanged.

 

		3.	Language, Versions and Counterparts

 

This Amendment shall be written
in Chinese, and executed in six counterparts, one for each Party, and the rest shall be submitted to the approval authorities,
all of which shall be equally binding.

 

		4.	Effectiveness and Completeness

 

The Parties agree that this Amendment shall be deemed
as amendments and supplements to the Framework Agreement, and shall take effect as of the date of execution by the Parties. In
case of any consistency between this Amendment and the Framework Agreement, this Amendment shall prevail.

 

		5.	Governing Law and Dispute Resolution

 

This Amendment shall be interpreted
according to the PRC laws. The Parties shall first resort to amicable negotiations to resolve the discrepancy and conflicts between
the Parties for any disputes arising from this Amendment in case the negotiations fail, such dispute shall be submitted to China
International Economic and Trade Commission in accordance with the then-effective arbitration rules at the application for such
arbitration. The arbitration shall take place in Beijing and the arbitral proceedings shall be conducted in Chinese. The arbitral
award is final and binding upon all the Parties.

 

		6.	Definition

 

Unless otherwise provided,
the terms used in this Amendment shall have the same meanings as ascribed in the Framework Agreement.

 

[The remainder of this page is intentionally
left blank.]

    	  

    	 

    

 

 

(This page is the signature page of this Amendment
and contains no body text.)

 

This Amendment is executed by the Parties on the date first
above written:

 

 

	
        Tianjin Jinhu Media Co., Ltd. (Company seal)

         

         

         

        By: /s/ Charles Zhang             

        Name: Charles Zhang

        Title: Chief Executive Officer of Sohu.com Inc.

         

         

 

 

    	  

    	 

    

 

(This page is the signature page of this Amendment and
contains no body text.)

 

This Amendment is executed by the Parties on the date first
above written:

 

 

Liu Jian

 

Signature:  /s/ Liu Jian      

 

 

Huang Hui

 

Signature:  /s/ Huang Hui       

 

 

	
        Guangzhou Qianjun Internet Technology Co., Ltd.
        (Company seal)

         

         

        By: /s/ Liu Jian         

        Name: Liu Jian

        Title: Chairman

         

Beijing Wole Technology Co., Ltd. (Company
seal)

 

 

By: /s/ Zhou Juan       

Name: Zhou Juan

Title: Chairman

 

 

 

    	  

    	 

    

 

(This page is the signature page of this Amendment
and contains no body text.)

 

This Supplementary Agreement is executed by the Parties on the
date first above written:

 

 

	
        RENREN INC. (Company seal)

         

         

         

        By: /s/ Joseph Chen        

        Name: Joseph Chen

        Title: DirectorExhibit 4.46

 

 

 

Business Cooperation Agreement

 

This Business Cooperation Agreement (this
“Agreement”), dated December 1, 2014 (the “Execution Date”), was made in Beijing, the People’s Republic
of China (the “PRC”) by and among:

 

Tianjin Jinhu Media Co., Ltd. (“Jinhu”),
with its registered address at Unit 2101, 21/F Block C3, Area MSD-C, 79 First Avenue, Tianjin Economic and Technical Development
Zone;

 

Guangzhou Qianjun Internet Technology
Co., Ltd. (“56 Web”), with its registered address at Room 802, 36 Jian Zhong Road, Tianhe District, Guangzhou;

 

Beijing Qianxiang Wangjing Technology
Development Co., Ltd., with its registered address at Room B1011, North Building, 11 Shixingdong Street, Shijiangshan District,
Beijing; And

 

Beijing Wole Information
Technology Co., Ltd., (together with Beijing Qianxiang Wangjing Technology Co., Ltd, “RenRen’), with
its registered address at Room 209, No. 18 Building, 18 Jiuxiaoqiao Middle Road, Chaoyang
District, Beijing.

 

For purpose of this Agreement, Jinhu, 56
Web and RenRen are individually referred to as a “Party”, and collectively the “Parties”.

 

WHEREAS:

 

Jinhu, 56 Web, Renren and other related
parties have entered into a certain Framework Purchase Agreement (the “Framework Purchase Agreement’) dated
October 28, 2014, whereby Jinhu will purchase 100% equity interests of 56 Web. The Parties will enter into this Agreement as one
of the conditions precedent to initial payment under the Framework Agreement.

 

NOW, THEREFORE, the Parties agree as follows
through negotiations:

 

		1	Contents of Cooperation

 

		1.1	Cooperation regarding channel promotion

 

		1.1.1	It is acknowledged by the Parties that during the term
of this Agreement, RenRen will provide channel promotion services to 56 Web and Jinhu according to Schedule I, and
56 Web and Jinhu will provide channel promotion services to Woxiu Web of RenRen according to Schedule II.

 

		1.1.2	The channel promotion services under Section 1.1.1 of this Agreement will be provided as mutual
considerations among the Parties without any further price.

 

    	1

    	 

    

 

		1.2	Video Playing and Uploading Services

 

		1.2.1	It is acknowledged by the Parties that during the term of this Agreement, 56 Web and Jinhu will
play free of charge the video contents produced by Beijing Wanmen Education Technology Co., Ltd. (“Wanmen”),
an affiliate of RenRen, and undertake not to add any commercial during the play.

 

		1.2.2	It is acknowledged by the Parties that during the term of this Agreement,
56 Web and Jinhu will continue providing uploading and storage services for mobile phone cased short video streams and web based
long video streams free of charge at the service level no lower than that provided under the Framework Purchase Agreement for the
website of www.renren.com operated by RenRen and its users, and RenRen will ensure the users of www.renren.com will upload their
video streams exclusively to the website operated by 56 Web and Jinhu within 18 months of the date hereof and without any upload
thereof to any other website. Each of 56 Web and Jinhu hereby warrants and covenants irrevocably that such services will be provided
consistently, and the video streams uploaded to it by www.renren.com and its users prior to the date hereof will be properly maintained
for normal visit. 

 

		2	Breach Liability

 

If any of
the Parties is in breach of any of its obligations under Section 1 of this Agreement, the other Parties may cease performing their
obligations under Section 1. Any Party shall be held liable for any loss incurred by any of the other Parties due to its breach
of this Agreement.

 

		3	Effect, Amendment, Termination and Expiration

 

		3.1	This Agreement shall be effective for 18 months as of
the date on which it is signed by each of the Parties.

 

		3.2	Unless otherwise provided hereunder, any amendment to this Agreement will be made by each of the
Parties in writing.

 

		3.3	This Agreement will terminate if:

 

		3.3.1	The Framework Purchase Agreement terminates:

 

		3.3.2	Each of the Parties agree to terminate this Agreement; or

 

		3.3.3	Each of the Parties fails to reach agreement as to any renewal of this Agreement when this Agreement
expires.

 

    	2

    	 

    

 

		3.4	Any amendment, termination or expiration of this Agreement will not affect any right, duty or obligation
of any Party accrued prior to such amendment, termination or expiration, including without limitation any claim for liquidated
damages by any Party.

 

		3.5	Any right or obligation of any Party will survive termination or expiration of this Agreement if
it is necessary to be so in nature.

 

		4	Notice and Delivery 

 

		4.1	Any notice provided under this Agreement will be delivered in person, by mail or facsimile to the
following address or facsimile number, or any other address or facsimile number provided by each of the Parties from time to time
in writing:

 

To Jinhu:

 

Address: Sohu
Media Building, Building 3, 2 Kexuyuannan Street, Haidian District, Beijing

 

Attention:
MA Yi

 

Telephone:010-62727883

 

Facsimile:010-56412838

 

To 56 Web

 

Address: Sohu
Media Building, Building 3, 2 Kexuyuan South Street, Haidian District, Beijing

 

Attention:
MA Yi

 

Telephone:010-62727883

 

Facsimile:010-56412838

 

To RenRen:

 

Address: Floor
5, Guotou Creativity Industry Zone, 18 Jiuxianqiao Middle Road, Chaoyang District, Beijing

 

Attention:
Law Kwok Wai

 

Telephone:86-10-84481818-3558

 

Facsimile:86-10-64362600

 

    	3

    	 

    

 

		4.2	Any notice will be deemed duly given upon delivery in person, or seven days later if it is delivered
by mail with postage prepaid, or upon receipt of report for successful transmission if it is delivered by facsimile.

 

		5	Intellectual Property and Confidentiality 

 

		5.1	Each of the Parties will have sole and exclusive ownership and any of the rights and interests
thereof upon any right, ownership, interest, any and all intellectual properties developed in connection with performance of any
of its obligations hereunder, including without limitation any copyright, patent application, trademark, software, technical secret,
trade secret and any other rights and interest (if any) (the “New IP’).

 

		5.2	Each of the Parties acknowledges and confirms that any oral or written information exchanged among
the Parties in connection with this Agreement as well as the existence and content of this Agreement will be confidential information
and, without prior consent from the other Parties, may not be disclosed to any third party, unless (1) such information has been
known to the public not from disclosure by any of its recipients, or any affiliate or employee of such recipient; (2) it is required
to be disclosed under applicable laws, any exchange or rules or regulations of such exchange (provided that, to the extent permitted
by laws, the disclosing Party will notify the other Parties in advance so that the Parties may reach agreement regarding the scope
and contents of such disclosure); or (3) Any Party will provide any information to its legal or financial advisor in respect of
the cooperation contemplated hereunder on as-needed basis, provided that such legal or financial advisor will comply with confidentiality
obligations similar to this Section 5.2. Each of the Parties undertakes to use any of the confidential information provided from
any of the other Parties only in connection with this Agreement, and will destroy or return such confidential information at the
request of the disclosing Party upon termination of this Agreement. Any Party will be deemed in breach of this Section 5 and held
liable therefor if it, or any of its affiliates, any of their respective employees or advisors is breach of this Section 9. This
Section 9 will survive any invalidity, termination or expiration of this Agreement.

 

		6	Governing Law and Dispute Resolution

 

		6.1	Formation, validity, interpretation, performance, amendment and termination of this Agreement and
any dispute resolution hereof will be applicable to the PRC law.

 

		6.2	Any dispute arising from interpretation or performance of this Agreement will be settled through
friendly negotiations of the Parties and, if the dispute fails to be resolved through negotiations within 30 days upon notice from
one Party to the other Party requesting negotiation in writing, submitted for arbitration by China International Economic and Trade
Arbitration Commission in accordance with its arbitration rules then in effect. The arbitration will be made in Beijing and in
Chinese. The arbitrary award will be final and binding upon each of the Parties.

 

		6.3	During arbitration of any dispute arising from interpretation or performance of this Agreement,
each of the Parties will continue performing its rights and obligations under this Agreement other than those under dispute.

 

    	4

    	 

    

 

		7	Taxes

 

		7.1	Each of the Parties will bear its own taxes arising from execution and performance of this Agreement.

 

		8	Force Majeure 

 

		8.1	No Party will be deemed in breach of this Agreement or held liable for any loss incurred by any
other Parties due to any delayed performance of this Agreement as result of any force majeure event, provided the Party encountering
such force majeure event will make best efforts to mitigate the cause of such delay and any loss arising from such force majeure
event (including without limitation seeking any alternative means or methods), and notify the other Parties of the facts and potential
damages of such force majeure event no later than (but not including) 15th business day from elimination of the force
majeure event. During delayed performance of this Agreement, the Party encountering the force majeure event will take reasonable
alternative or any other commercially reasonable measures to facilitate performance of its obligations under this Agreement until
such delay is removed.

 

		9	Miscellaneous 

 

		9.1	Any matter relating to but not provided under this Agreement will be revolved pursuant to relevant
terms under the Framework Purchase Agreement or, if it is not provided under the Framework Purchase Agreement, through negotiations
of the Parties.

 

		9.2	None of this Agreement will be deemed to constitute any partnership or agency among the Parties.
None of the Parties may bind upon, enter into any contract on behalf of, or cause any liability upon any of the other Parties by
any means or for any purpose.

 

		9.3	Without prior written consent of any of the other Parties, none of the Parties may transfer or
contract all or any of its rights and obligations under this Agreement to any third party.

 

		9.4	This Agreement is in Chinese in three originals, with each original for each Party. Each of the
originals has the same effect.

 

 

(No text below)

 

    	5

    	 

    

 

IN WITNESS WHEREOF,
each of the Parties has caused this Agreement to be executed by its duly authorized representative on the date first above written.

 

 

	 	Tianjin Jinhu Media Co., Ltd. (seal)
	 	 	 	 
	 	 	 	 
	 	By: 	/s/ Charles Zhang	 
	 	Name:	Charles Zhang	 
	 	Title: 	Chief Executive Officer of Sohu.com Inc.	 

 

    	 

    	 

    

 

IN WITNESS WHEREOF,
each of the Parties has caused this Agreement to be executed by its duly authorized representative on the date first above written.

 

 

	 	Guangzhou Qianjun Internet Technology Co., Ltd. (seal)
	 	 	 	 
	 	 	 	 
	 	By: 	/s/ Liu Jian	 
	 	Name: 	LIU Jian	 
	 	Title: 	Chairman	 

  

    	 

    	 

    

 

 

IN WITNESS WHEREOF,
each of the Parties has caused this Agreement to be executed by its duly authorized representative on the date first above written.

 

  

	 	Beijing Oak Netscape Technology
Development Co., Ltd. (seal)
	 	 	 	 
	 	 	 	 
	 	By: 	/s/ Yang Jing	 
	 	Name: 	
YANG Jing	 
	 	Title: 	 Executive Director	 

 

 

	 	Beijing Wole Information Technology
Co., Ltd. (seal)
	 	 	 	 
	 	 	 	 
	 	By: 	/s/ Zhou Juan	 
	 	Name: 	
ZHOU Juan	 
	 	Title: 	Chairman

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