Document:

Exhibit 4.126

 

November 24, 2015

 

Glassy Mind Holdings Limited

 

And

 

KongZhong Corporation

 

Regarding

 

Total 39,200,000 Shares of Ourgame International
Holdings Limited

 

SHARE PURCHASE AGREEMENT

 

     

     

    

 

 TABLE OF CONTENT

 

	 	 	Page
	1.	INTERPRETATION	1
	2.	AGREEMENT ON SALE OF THE TRANSFERRED SHARES	3
	3.	PAYMENT OF CONSIDERATION	3
	4.	PRECONDITIONS	4
	5.	CLOSING	4
	6.	PRESENTATIONS, WARRANTIES AND UNDERTAKINGS	5
	7.	INDEMNITY AND ENFORCEMENT	6
	8.	TERMINATION	7
	9.	CONFIDENTIALITY	7
	10.	ENTIRE AGREEMENT	8
	11.	AMENDMENT	9
	12.	ASSIGNMENT	9
	13.	ANNOUNCEMENT	9
	14.	EXPENSES	9
	15.	NOTICE	10
	16.	GOVERNING LAW AND JURISDICTION	11
	17.	APPOINTMENT OF PROCESS AGENT	11
	Appendix 1	14

  

     

     

    

 

This Share Agreement (hereinafter referred to as “This
Agreement”) is made and entered into on November 24, 2015 by and among:

 

		(1)	Glassy Mind Holdings Limited, a limited
liability company duly incorporated in the British Virgin Islands ("Buyer").

 

		(2)	KongZhong Corporation, a limited liability
company duly incorporated in the Cayman Islands ("Seller").

 

WHEREAS,

 

		(A)	Ourgame International Holdings Limited
("Target Company"), a limited liability company duly incorporated in the Cayman Islands, whose shares are being
listed on the main board of Hong Kong Exchanges and Clearing Limited (“HKEx”) (stock code: 6899). As of the
date of this Agreement, the Target Company has 785,682,624 shares of issued, outstanding and fully paid shares.

 

		(B)	Seller, as the beneficiary owner, intends
to sell its Transferred Shares (as defined below). Purchaser agrees to purchase the Transferred Shares from Seller in accordance
with the terms and conditions of this Agreement.

 

		(C)	Seller agrees to sell the Transferred
Shares to Buyer in accordance with the terms and conditions of this Agreement.

 

NOW, THEREFORE, the Parties hereby agree
as follows:

 

		1.	INTERPRETATION

 

		1.1.	For the purpose of this Agreement, unless it is otherwise required in the context, the following
terms shall have the meaning defined below:

 

“Business Day”
shall mean a day when the banks in Hong Kong are generally open to business, excluding Saturday, Sunday and public holidays in
Hong Kong;

 

“Closing” shall
mean completion of the Transaction contemplated herein.

 

“Closing Date”,
i.e. the date when the Closing occurs, which shall mean the 3rd business day upon satisfaction of the pre-conditions listed in
Article 4.1 (or any other date otherwise agreed by the Parties).

 

“Preconditions”
shall mean the conditions listed in Article 4.1.

 

“Director” shall
mean any director of the Target Company.

 

“Board of Directors”
shall mean the board of directors of the Target Company.

 

“Target Group”
shall mean the Target Company and its affiliates (as defined in the Company Ordinances (Chapter 622 of Hong Kong Regulations)).

 

"HK$", shall mean
Hong Kong dollar, i.e. the legal currency of Hong Kong.

 

“Hong Kong” shall
mean Hong Kong Special Administrative Region of the People’s Republic of China.

 

“Parties” shall
mean the Parties to this Agreement, and "Party" shall mean either Party to this Agreement.

 

    	 	1	 

     

    

 

"China" shall mean
the People’s Republic of China, and for the purpose of this Agreement only, it shall exclude Hong Kong, Macao and Taiwan,
unless it is otherwise required in the context.

 

“Transferred Shares”
shall mean total 39,200,000 shares of outstanding shares of the Target Company held by Seller as the beneficiary owner, which constitute
4.99% of the issued and outstanding shares of the Target Company as of the date of this Agreement.

 

“Shares” shall
mean the common shares in the issued and outstanding share capital of the Target Company, with the par value of US$ 0.00005 each
share.

 

"Codes on Takeovers"
shall mean the Codes on Takeovers and Mergers and Share Buy-backs.

 

“SFC” shall mean
Securities and Futures Commission of Hong Kong.

 

"Last Due Date"
shall mean the date described in Article 4.3.

 

“US$” shall mean
U.S. dollar, i.e. the legal currency of the United States of America.

 

“CCASS” shall
mean The Central Clearing and Settlement System operated by Hong Kong Exchanges and Clearing Limited.

 

"Transaction" shall
mean the purchase and sale of the Transferred Shares to be carried out under the Terms and Conditions of this Agreement.

 

		1.2.	Unless it is otherwise required in the context, for the purpose of this Agreement:

 

		(a)	Reference to a "person" shall
include individual, corporate body (whether incorporated or not), unincorporated entity or partnership.

 

		(b)	Headings of the provisions hereof shall
not affect the interpretation of this Agreement.

 

		(c)	Reference to this Agreement shall include
the Recital of this Agreement; reference to any "provision", "article", "paragraph", "item"
and "appendix" shall be interpreted as the "provision", "article", "paragraph", "item"
and "appendix" of this Agreement.

 

		(d)	Reference to any gender shall also refer
to all other genders; reference to singular word shall also refer to the plural form of such word, vice versa; and

 

		(e)	Reference to any law or statute shall
include any amendment, modification, integration or re-enactment of such law or statute, provided that such amendment, modification,
integration or re-enactment applies or is applicable to any transaction contemplated herein prior to the Closing, and (if such
transaction has any obligation or would create any obligation) include any previous law or statute directly or indirectly superseded
by such law or statute, except any law or statute which is enacted after the date of this Agreement and would create or increase
any obligation of Purchaser or Seller hereunder.

 

    	 	2	 

     

    

 

		2.	AGREEMENT ON SALE OF THE TRANSFERRED SHARES

 

		2.1.	Subject to Article 4, Seller shall sell or cause to sell to Purchaser, and Purchaser shall purchase
from Seller, the beneficiary interest in the Transferred Shares free from any encumbrances (other than those created under the
laws or the constitutive documents of the Target Company and generally applicable to all shareholders of the Target Company), together
with all existing or subsequent attached interests and rights (including the right to all dividends or distributions with Purchaser's
Dividend Registration Date on or after the Closing Date) ("Transaction").

 

If the Dividend Registration Date
is before the Closing Date, Seller shall have the right to the distributions made by the Target Company. If the Dividend Registration
Date is on or after the Closing Date, Purchaser shall have the right to the distributions made by the Target Company.

 

		2.2.	The total consideration for purchase of the Transferred Shares is HK$ 239,363,040.00, i.e. HK$
6.1062 per share of the Transferred Shares. Purchaser shall pay the said consideration to the bank account designated by Seller
herein according to the amount specified in 2.1 and Article 5.

 

		2.3.	With Seller's approval, Purchaser may appoint one or several nominees (subordinated to Purchaser
or as Purchaser's substitute) as the transferee of the Transferred Shares at Closing, but such nominees must be wholly owned subsidiaries
of Beijing Irena Culture Co., Ltd. (a joint stock company established in the People's Republic of China, who is the sole shareholder
of Purchaser) ("Irena"), and a written notice of appointment must be sent to Seller and obtain Seller's consent
not less than five business days prior to the Closing Date. For avoidance of doubt, even if Purchaser makes the appointment under
this Article 2.3, Purchaser shall still continue to perform its obligations hereunder to Seller.

 

		3.	Payment of Consideration

 

		3.1.	Subject to Seller's fulfillment of its obligation under Article 5.2, Purchaser shall pay a part
of the consideration (i.e. HK$ 196,000,000.00) to Seller on the Closing Date according to Article 5.3.

 

		3.2.	Purchaser shall pay the remaining consideration expressly specified below to Seller to Seller's
following designated account on September 30, 2016:

 

	Beneficiary's Bank:	DBS Bank Limited, Hong Kong Branch
	Payment Amount (HK$):	43,363,040.00
	In favor of:	KONGZHONG CORPORATION
	Account No.:	10000442888
	Bank Address:	18/F, the Center, 99 Queen’s Road Central, Central, Hong Kong
	Swift ID :	DBSS HKHH
	Bank Code:	185
	Branch Code:	927

 

    	 	3	 

     

    

 

		4.	PRECONDITIONS

 

		4.1.	The Closing of the Transaction shall depend on the satisfaction of the following conditions, and
the transfer of the beneficiary interest of the Transferred Shares shall occur only after the satisfaction of the following conditions
("Preconditions"):

 

		4.1.1.	Shareholders of Irena have adopted a resolution which approves the Transaction and other arrangements
hereunder at a general meeting.

 

		4.1.2.	SFC has confirmed in writing that the Transaction and the transfer of 186,800,000 shares among
Purchaser and Long Qi, Zhang Rongming, Liu Jiang and Shen Dongri will not trigger the requirement of mandatory tender offer for
Irena under the Codes on Takeovers.

 

		4.2.	Neither Party may waive either of the Preconditions mentioned above.

 

		4.3.	If any Precondition is not satisfied within 180 days after the date of this Agreement or on or
before any other date otherwise agreed by the Parties in writing ("Last Due Date"), either Party may at its own
discretion terminate this Agreement by sending a written notice to the other Party (other than Article 1, 4.3, 8, 9, 13 and 15
to 17). Upon termination of this Agreement, the rights and obligations of the Parties shall be terminated (other than the rights
and obligations accrued before the termination), and neither Party may make any claim against the other Party hereunder (other
than the rights and obligations accrued before the termination).

 

		5.	CLOSING

 

		5.1.	Subject to Article 4.1 at all times, the Closing shall occur at Davis Polk & Wardwell LLP (18/F,
The Hong Kong Club Building, Central, Hong Kong) or any other places agreed by the Parties at 2:00 PM on the Closing Date, and
all (but not part of) matters as described in Article 5.2 and Article 5.3 will be done.

 

		5.2.	Subject to Seller's fulfillment of its obligation under Article 5.3, Seller shall transfer its corresponding Transferred Shares
to Purchaser, and for this purpose, shall complete the following matters (unless it is waived by Purchaser and a notice is sent
to Seller):

 

		5.2.1.	Subject to Article 6.4.2, the corresponding Transferred Shareholders shall be transferred from
Seller's account and deposited into Purchaser's designated account in CCASS operated by Hong Kong Exchanges and Clearing Limited
(Purchaser shall inform Seller of the account in writing at least five (5) business days prior to the Closing Date).

 

		5.2.2.	Deliver to Purchaser a copy of the resolution of Seller's board of directors which approves this
Agreement and authorizes the sale of the Transferred Shares hereunder.

 

		5.3.	Subject to Seller's fulfillment of its obligation under Article 5.2, Purchaser shall on the Closing
Date:

 

		5.3.1.	Deliver to Seller a copy of the resolution of Purchaser's board of directors which approves this
Agreement and authorizes the sale of the Transferred Shares hereunder;

 

		5.3.2.	Pay the payable part of the consideration with cleared funds to Seller's following designated account:

 

    	 	4	 

     

    

 

	Beneficiary's Bank:	DBS Bank Limited, Hong Kong Branch
	Payment Amount (HK$):	196,000,000.00
	In favor of:	KONGZHONG CORPORATION
	Account No.:	10000442888
	Bank Address:	18/F, the Center, 99 Queen’s Road Central, Central, Hong Kong
	Swift ID :	DBSS HKHH
	Bank Code:	185
	Branch Code:	927

 

		6.	PRESENTATIONS, WARRANTIES AND UNDERTAKINGS

 

		6.1.	(1) Seller hereby represents and warrants to Purchaser that all the following matters are true
and accurate on the date of this Agreement and the Closing Date, and acknowledges that Purchaser enters into this Agreement by
reliance upon such representations and warranties:

 

		·	Seller has lawful rights and all powers
and authorities to execute and perform this Agreement and any other documents executed by Seller according or relating to this
Agreement, and upon execution of such documents, they constitute valid and binding obligations upon Seller according to their terms
and conditions.

 

		·	From the date of this Agreement to the
Closing Date, if Seller becomes aware that there is any material adverse change to the business or financial operation of the Target
Company (other than any change publicized by the Target Company to the public investors via HKEx website or any other channels
by announcement, circular, report or any other means), it must promptly notify Purchaser;

 

		·	Seller has the right to sell and transfer
all beneficiary interests in the Transferred Shares to Purchaser in accordance with the terms and conditions hereof without any
consent of any third party (or the required third-party consent will be obtained on the Closing Date), and all representations
made in Part 1 of Appendix 1 are true.

 

(2) The representations,
warranties and undertakings in Article 6.1 and Article 6.3 are made on the date of this Agreement and with respect to then existing
facts and circumstances under different situations, and such representations, warranties and undertakings are still true, accurate
and effective on the Closing Date as if made on the Closing Date.

 

		6.2.	Seller hereby undertakes to Purchaser that, from the date of this Agreement to the Closing Date,
except for all matters (including but not limited to the Transaction) contemplated herein:

 

    	 	5	 

     

    

 

		6.2.1.	Seller will not sell, mortgage or pledge any Transferred Shares;

 

		6.2.2.	Seller will not take any action which would frustrate the satisfaction of the Preconditions; and

 

		6.2.3.	Seller will not actively contact with any third party, or accept any request from any third party
to enter into any negotiation, understanding, arrangement or agreement regarding sale of the Transferred Shares.

 

		6.3.	Purchaser hereby represents and warrants to Seller that all the following matters are true and
accurate on the date of this Agreement and the Closing Date, and acknowledges that Seller enters into this Agreement by reliance
upon such representations and warranties:

 

		6.3.1.	Except the matter referred to in Article 4.1.1, Purchaser has lawful rights and all powers and
authorities to execute and perform this Agreement and any other documents executed by Purchaser according or relating to this Agreement,
and upon execution of such documents, they constitute valid and binding obligations upon Purchaser according to their terms and
conditions.

 

		6.3.2.	Except the matter referred to in Article 4.1.1, Purchaser has right to purchase all beneficiary
interests in the Transferred Shares from Seller in accordance with the terms and conditions of this Agreement, without consent
of any third party;

 

		6.3.3.	Purchaser's execution and delivery of this Agreement and performance of its obligations hereunder
comply with and will not cause to violate Purchaser's articles of association, or any applicable law or regulation, or any order,
decree or judgment of court, government agency or authority applicable to Purchaser and/or its assets, and/or any material contractual
obligation binding upon Purchaser.

 

		6.4.	Purchaser hereby undertakes to Seller that from the date of this Agreement to the Closing Date:

 

		6.4.1.	Purchaser will make its best reasonable efforts to procure the satisfaction of all Preconditions;
and

 

		6.4.2.	Purchaser shall fully cooperate with Seller to deliver the Transferred Shares to Purchaser in accordance
with this Agreement, and ensure that its receiving account may accept the Transferred Shares on the Closing Date.

 

		7.	INDEMNITY AND ENFORCEMENT

 

		7.1.	Either Party ("Defaulting Party") shall indemnify the Party, their agents and
their respective directors, employees, officers, shareholders, representatives and agents (collectively as "Indemnitees")
against, and continuously, fully and effectively hold the Indemnitees harmless from all losses, liabilities, damages, costs, charges
and expenses (including but not limited to legal costs, liabilities, costs and expenses), claims, actions, investigations, requests,
legal proceedings, administrative investigations or judgments, arising, incurred or suffered, or threatened to arise, incur or
suffer from the Defaulting Party's default of any of its obligations hereunder, or violation or alleged violation of any representation,
warranty or undertaking hereunder, or sale or transfer of the Transferred Shares, or the Transaction contemplated herein or any
other transaction relating to this Agreement.

 

    	 	6	 

     

    

 

		7.2.	Defaulting Party or any other person shall not make any claim against any or all Indemnitees to
recover its any of damages, losses, claims, costs, charges or expenses would be suffered or incurred from any work carried out
or any obligation performed by the Defaulting Party or any other person on its behalf hereunder, or otherwise relating to the Transaction
or any other transaction contemplated herein, except any loss or damage directly caused by any fraud, intentional breach or gross
negligence of any Indemnitee (which must be finally adjudicated by the competent court in Hong Kong).

 

		7.3.	The Parties hereby agree that when the Defaulting Party defaults any obligation hereunder or violates
any provisions of this Agreement, the monetary damage would not constitute a sufficient remedy to other Parties and/or the Indemnitees;
and therefore, other Parties and/or the Indemnitees may to the extent permitted by the laws, (i) petition for enforcing the Defaulting
Party to perform its obligations hereunder (including but not limited to enforcing Seller to transfer the Transferred Shares to
Purchaser or enforcing Purchaser to purchase the Transferred Shares from Seller); or (ii) seek an injunction to enjoin the breach
or continuous breach.

 

		8.	TERMINATION

 

		8.1.	Except Article 4.3, if Purchaser finds any of the following circumstances at any time (whether
exists or occurs on or before the date of this Agreement, or arises or occurs subsequently), Purchaser may terminate this Agreement
at any time prior to the Closing by sending a notice to Seller:

 

		8.1.1.	Any fact, circumstance or event which causes any representation, warranty or undertaking made by
Seller in Article 6.1 and Article 6.2 to be violated or inaccurate; or

 

		8.1.2.	Any Precondition under Article 4.1 cannot be satisfied.

 

		8.2.	Except Article 4.3, if Seller finds any of the following circumstances at any time (whether exists
or occurs on or before the date of this Agreement, or arises or occurs subsequently), Seller may terminate this Agreement at any
time prior to the Closing by sending a notice to Purchaser:

 

		8.2.1.	Any fact, circumstance or event which causes any representation, warranty or undertaking made by
Purchaser in Article 6.3 and Article 6.4 to be violated or inaccurate; or

 

		8.2.2.	Any Precondition under Article 4.1 cannot be satisfied.

 

		8.3.	Upon termination of this Agreement, Article 1, 4.3, 8, 9, 13 and 15 to 17 shall remain full force
and effect, and except those provisions, no Party may have any claim against any other Party, other than the rights and obligations
of either Party accrued prior to termination of this Agreement.

 

		9.	CONFIDENTIALITY

 

		9.1.	Subject to Article 13 and Article 9.2:

 

		9.1.1.	Each Party shall treat the following contents as confidential information which are received or
acquired from the Transaction and execution of this Agreement, and may not disclose or use such contents:

 

    	 	7	 

     

    

 

		(a)	The terms and conditions of this Agreement;
or

 

		(b)	Any discussion and negotiation relating
to this Agreement;

 

		9.1.2.	Seller shall, and shall cause its affiliates or their respective agents or representatives to treat
all communications, documents, reports, data or information (whether oral, writing, computer disk, electronic media, visual display
or any other forms) of whatever nature relating to the business, finance or other affairs (including future plans and targets)
of Purchaser Group after the Closing, and shall not disclose or use such information;

 

		9.1.3.	Purchaser shall, and shall cause its affiliate or its respective agents or representatives to treat
all communications, documents, reports, data or information (whether oral, writing, computer disk, electronic media, visual display
or any other forms) of whatever nature relating to the business, finance or other affairs (including future plans and targets)
of Target Group after the Closing, and shall not disclose or use such information.

 

		9.2.	Upon occurrence of any of the following circumstances, Article 9.1 shall not prevent the disclosure
or use of any information:

 

		9.2.1.	Disclosure or use of the information is required by any law, regulation, rule or requirement of
HKEx or SFC, or for the disclosing Party and its affiliates to comply with the requirement of any competent government, administrative
or regulatory authority or agency, or any competent court;

 

		9.2.2.	Disclosure to either Party's auditor, professional consultants (including but not limited to legal
counsel and financial consultant), stock broker or process agent for the purpose of the Transaction hereunder, provided that such
auditor, professional consultants, stock broker or process agent complies with the provisions of Article 9.1 regarding such information
as if a Party to this Agreement;

 

		9.2.3.	The information has been entered into the public domain (but not caused by violation of this Agreement);

 

		9.2.4.	The information is disclosed or used with the prior written approval of the other Party; or

 

		9.2.5.	The information is independently developed after the Closing.

 

Provided that, if practical and without
violation of Article 13 and any relevant law, regulation, rule and requirement referred to in Article 9.2, prior to disclosure
or use of any information according to Article 9.2.1, the Party shall promptly notify the other Party of the relevant requirement,
so that the other Party will have the opportunity to make objection against such disclosure or use, or reach an agreement with
the other Party regarding the timing and content of such disclosure or use.

 

		10.	ENTIRE AGREEMENT

 

This Agreement constitutes an entire
agreement and understanding between the Parties with respect to the Transaction. This Agreement will supersede all previous agreements
or understandings between the Parties with respect to the subject matter of this Agreement, and all such agreements or understandings
shall become invalid. Neither Party relies upon any representation, warranty or undertaking, whether made herein or not, to execute
this Agreement.

 

    	 	8	 

     

    

 

		11.	AMENDMENT

 

		11.1.	Any amendment to this Agreement shall be invalid unless it is made in writing and signed by the
Parties or their duly authorized representatives.

 

		11.2.	Any amendment shall not constitute a waiver of any provisions hereof, or affect any accrued right,
obligation or liability according to or under this Agreement before the date of such amendment. All rights and obligations of the
Parties according to or under this Agreement shall remain full force and effect, other than the part amended.

 

		12.	ASSIGNMENT

 

Unless it is otherwise stipulated
herein, without the prior written consent of the other Party, neither Party may assign its rights or obligations hereunder.

 

		13.	ANNOUNCEMENT

 

		13.1.	Unless it is required by any law, regulation or rule, or the Party making announcement or disclosure
must comply with the competent government, administrative or regulatory authority or agency, or the stock exchange that has jurisdiction
over the Target Company, either Party or the Transaction (including but not limited to HKEx, SFC, U.S. Securities and Exchange
Commission or any security regulatory authority of any state, as well as National Equities Exchange and Quotations), or any competent
court demands the Party to make publication or disclosure (whether has legal effect or not), neither Party may make any announcement,
circular, or disclosure to any third party with respect to this Agreement, existence of this Agreement, the Transaction or the
subject matter of this Agreement, without the prior written consent of the other Party, which shall not be unreasonably withheld
or delayed.

 

		13.2.	If practical and without violation of any relevant law, regulation, rule or requirement referred
to in Article 13.1, when making an announcement or disclosure according to the exception of Article 13.1, the Party making announcement,
circular or disclosure shall consult with the other Party regarding the form, time and content of the announcement, circular or
disclosure in advance, and provide a copy and/or the content of such announcement, circular or disclosure to the other Party for
review.

 

		13.3.	If the Target Company has to make any announcement, circular or external disclosure with respect
to the Transaction, existence of this Agreement, or the subject matter of the Transaction and this Agreement, Seller shall make
all efforts to procure the Target Company to comply with the provisions of Article 13.1 and Article 13.2 as if it is a party to
this Agreement.

 

		14.	EXPENSES

 

		14.1.	Subject to Article 14.2, the costs and expenses (including taxes) incurred from negotiation, preparation
and fulfillment of this Agreement and the Transaction shall be borne by each Party respectively.

 

		14.2.	All Hong Kong stamp duties (if any) to be paid for the Transaction hereunder shall be equally borne
by Purchaser and Seller.

 

    	 	9	 

     

    

 

		15.	NOTICE

 

		15.1.	All notices or communications to be sent by a Party to the other under or relating to this Agreement
shall be in writing, and shall be signed by the sending Party or in its name, and sent by fax to the number indicated in Article
15.2, or by personal delivery, mail or registered mail with postage prepaid to the address indicated in Article 15.2, in each case
to the contact indicated in Article 15.2 (or to any other address or contact otherwise notified according to this Article 15).
Any notice sent by personal delivery, fax or mail shall be deemed as duly delivered in the following circumstances:

 

		15.1.1.	If by personal delivery, upon delivery;

 

		15.1.2.	If by fax, upon receipt of a confirmation of successful transmission;

 

		15.1.3.	If by mail or registered mail with postage prepaid, at 10:00 AM on the 3rd business day after it
is posted;

 

Provided, however, if a notice sent
by personal delivery or fax is sent later than 6:00 PM on a Business Day or at any time on a non-Business Day, it shall be deemed
as duly delivered at 9:30 AM on the next Business Day of the receiving place.

 

The time referred to in Article 15.1
shall be the local time of the country where the addressee resides.

 

		15.2.	The address and fax number referred to in Article 15.1 are listed below:

 

Buyer:

 

		Address:	Room 1501, 15/F, SPA Centre, 53-55 Lockhart Road, Wanchai, Hong Kong

 

		Fax:	+86-10-65528601

 

		Attention:	Hua Guanfa

 

Seller:

 

		Address:	Address: 35/F, Tengda Building, No.168, Xi Zhi Men Wai Da Jie, Haidian District, Beijing, 100044

 

		Fax:	+86-10-88575872

 

		Attention:	Zhu Jianghua

 

		15.3.	For the purpose of this Article 15, a Party may notify the other Party to change its name, contact,
address or fax number, and such notice will only become effective at the following time:

 

		15.3.1.	The change effective date specified in the notice; or

 

		15.3.2.	If the notice does not indicate any specific effective date, or the specific date is earlier than
the 5th Business Day after the notice is sent, then it shall be the 5th Business Day after the notice is sent.

 

		15.4.	All notices sent hereunder or relating to this Agreement shall be in Chinese language.

 

    	 	10	 

     

    

 

		16.	GOVERNING LAW AND JURISDICTION

 

		16.1.	This Agreement shall be governed by and construed in accordance with the applicable laws of Hong
Kong.

 

		16.2.	The Parties irrevocably agree that any dispute arising out of or in connection with this Agreement
shall be subject to the non-exclusive jurisdiction of the courts in Hong Kong.

 

		17.	APPOINTMENT OF PROCESS AGENT

 

		17.1.	Seller hereby irrevocably appoints CPU ICE ABLE LIMITED, at 15B, 15/F, Cheuk Nang Plaza, 250 Hennessy
Road, Wan Chai, Hong Kong, as its process agent, who will receive and accept the service of process in any legal proceeding or
action arising from or in connection with this Agreement for and on behalf of Seller. After the service of process is delivered
to CPU ICE ABLE LIMITED, it shall be deemed as duly served, whether it is forwarded to Seller or whether Seller has received or
not. Seller shall send a written notice to Purchaser within 28 days after its process agent changes, and the change of the address
mentioned above shall not become effective before it is delivered or deemed as delivered according to Article 15. If the process
agent is unable to perform its duty or does not have a mailing address in Hong Kong anymore, Seller hereby irrevocably undertakes
that it will immediately appoint another process agent in Hong Kong acceptable to Purchaser, and send a written notice, showing
that the process agent accepted the appointment, to Purchaser within 14 days.

 

		17.2.	Purchaser hereby irrevocably appoints TRADESWELL INVESTMENT LIMITED, at Room 1501, 15/F, SPA Centre,
53-55 Lockhart Road, Wanchai, Hong Kong, as its process agent, who will receive and accept the service of process in any legal
proceeding or action arising from or in connection with this Agreement for and on behalf of Purchaser. After the service of process
is delivered to TRADESWELL INVESTMENT LIMITED, it shall be deemed as duly served, whether it is forwarded to Purchaser or whether
Purchaser has received or not. Purchaser shall send a written notice to Seller within 28 days after its process agent changes,
and the change of the address mentioned above shall not become effective before it is delivered or deemed as delivered according
to Article 15. If the process agent is unable to perform its duty or does not have a mailing address in Hong Kong anymore, Purchaser
hereby irrevocably undertakes that it will immediately appoint another process agent in Hong Kong acceptable to Seller, and send
a written notice, showing that the process agent accepted the appointment, to Seller within 14 days.

 

		17.3.	Nothing contained herein will affect any other means of service of process permitted by the laws,
or the right to institute any action or proceeding in any other jurisdiction for enforcement of court judgment or for settlement.

 

    	 	11	 

     

    

 

IN WITNESS WHEREOF, this Agreement is executed by the duly
authorized representatives of the Parties on the date indicated on the first page above.

 

	BETWEEN	)
	Authorized Representative: Li Qiang	) /s/ Li Qiang
	Glassy Mind Holdings Limited	)
	 	)
	 	)
	 	)
	Witness: /s/ Hua Guanfa	)

 

    	 	12	 

     

    

 

	BETWEEN	)
	Authorized Representative: Wang Leilei	) /s/ Wang Leilei
	KongZhong Corporation	)
	 	)
	 	)
	 	)
	Witness: Ms. Zhu Jianghua	)
	 /s/ Zhu Jianghua	 

 

    	 	13	 

     

    

  

Appendix 1

 

		1.	Transferred Shares

 

		1.1.	The Transferred Shares have been duly and effectively issued and allotted, and each Transferred
Share has been fully paid or credited as fully paid.

 

		1.2.	Seller is the beneficiary holder of the Transferred Shares, and the Transferred Shares are solely,
lawfully and beneficially owned by Seller.

 

		1.3.	Other than those created in accordance with the laws or the constitutive document of the Target
Company and are generally applicable to all shareholders of the Target Company, the Transferred Shares are free from any encumbrance,
third-party interest (including any registered or non-registered mortgage, pledge, option, privilege and claim), and are not subject
to the restriction of any judgment or ruling of any competent court.

 

		1.4.	The transferred shares are 39,200,000 shares of the Target Company.

 

		2.	Seller

 

		2.1.	Seller may exercise all voting power and other powers, as well as the beneficiary interests attached
to the Transferred Shares.

 

		2.2.	Seller's compliance with all terms and conditions of this Agreement and consummation of the Transaction
contemplated herein will not conflict with or violate Seller's documents or any bond indenture, mortgage, trust deed, loan agreement
or any other agreement or document to which Seller is a party, or any law, regulation, decree, ordinance, order, rule or provision
binding upon Seller, and will not require any consent of any third party (or the required consent of third party will be obtained
prior to the Closing Date).

 

    	 	14Exhibit 4.127

 

December 14, 2015

 

Supplementary Agreement

 

for Purchase and Sales of

 

39,200,000 Shares of

 

Ourgame International Holdings Limited.

 

by and between

 

Glassy Mind Holdings Limited

 

and

 

KongZhong Corporation

 

     

     

    

 

This supplementary agreement for sales
and purchase of shares (hereinafter referred to as the “Supplementary Agreement”) was made on December 14, 2015 by
and between:

(1)  Glassy Mind Holdings Limited, a limited
company incorporated in British Virgin Islands (hereinafter referred to as the “Purchaser”);

(2)  KongZhong Corporation, a limited company
incorporated in Cayman Islands (hereinafter referred to as the “Vendor”).

WHEREAS:

(A)  Ourgame
International Holdings Limited (hereinafter referred to as the “Target Company”) is a limited company incorporated
in Cayman Islands, and issued shares and was listed on the main board of the Stock Exchange of Hong Kong Ltd. (stock code: 6899).The
target company has 785,682,624 issued and fully-paid shares as at the date of the original shares purchase and sales agreement
(defined below).

(B)  The
Purchaser and the Vendor have made the Purchase and Sales Agreement for Aggregate 39,200,000 Shares of Ourgame International
Holdings Limited on November 24, 2015 with respect to sales and purchase of the transferred shares (hereinafter referred to
as the “Original Agreement”). Pursuant to the original agreement, the Vendor as the beneficial owner proposes to sell
the transfer shares it holds (defined therein), and the Purchaser agrees to purchase the transfer shares from the Vendor subject
to the terms and conditions thereof.

(C)  The
Article 4.1 of the original agreement provides that:

“4.1 The Closing of the Transaction
shall depend on the satisfaction of the following conditions, and the transfer of the beneficiary interest of the Transferred Shares
shall occur only after the satisfaction of the following conditions ("Preconditions"):

4.1.1 Shareholders of Irena have adopted
a resolution which approves the Transaction and other arrangements hereunder at a general meeting.

4.1.2 SFC has confirmed in writing that
the Transaction and the transfer of 186,800,000 shares among Purchaser and Long Qi, Zhang Rongming, Liu Jiang and Shen Dongri will
not trigger the requirement of mandatory tender offer for Irena under the Codes on Takeovers.”

The Parties agreed as follows:

1.     Interpretation

1.1   Unless
otherwise defined or the context requires, all words and expressions contained herein shall have the same meaning as those in the
original agreement.

1.2   Unless
the context otherwise requires, for the purpose of this supplementary agreement:

(a)   any
reference to a person shall include individual, corporate organization (whether registered or not), unregistered entity or partnership;

(b)   headings
of provisions shall not influence interpretation of this supplementary agreement;

(c)   any
reference to a word importing a gender shall include every gender, and any reference to a word importing the singular shall include
the plural and vice versa; and

(d)  any
reference to any law or regulation shall include any amendment to, modification, integration or reenactment of such law or regulation,
provided that such amendment, modification, integration or reenactment is or may be applicable for any transaction entered into
hereunder prior to closing, and shall (if any obligation occurs or may occur with respect to such transaction) include any prior
law or regulation directly or indirectly superseded by such law or regulation, unless any law or regulation enacted after this
supplementary agreement is signed would result in or increase obligations of the Purchaser or the Vendor hereunder.

 

     

     

    

 

2.     Condition
precedent

2.1 The Parties agree that the Article
4.1 of the original agreement will be deleted thoroughly, and superseded by the following words:

“4.1 The Closing of the Transaction
shall depend on the satisfaction of the following conditions, and the transfer of the beneficiary interest of the Transferred Shares
shall occur only after the satisfaction of the following conditions ("Preconditions"):

4.1.1 Shareholders of Irena have adopted
a resolution which approves the Transaction and other arrangements hereunder at a general meeting.

2.2 The Parties agree to amend the original
agreement subject to this supplementary agreement:

(a)  the
original agreement remains full force and effects;

(b)  the
original agreement and this supplementary agreement shall be deemed as the same instrument for construction; and

(c)  nothing
of this supplementary agreement will constitute amendment to or exemption from any other matter under the original agreement, and
will prejudice rights, interests and remedies of the Parties hereto under the original agreement.

3.     Governing
law and jurisdiction

3.1 This supplementary agreement
shall be governed and construed by the laws of Hong Kong.

3.2 The Parties hereto hereby
irrevocably submit to the non-exclusive jurisdiction of the courts of Hong Kong with respect to any dispute arising out of or in
connection with this supplementary agreement.

4.     Appointment
of process agent

4.1   The
Vendor hereby irrecoverably appoints CPU ICE ABLE LIMITED at -15B, 15F, Cheuk Nang Century Plaza, 250, Hennessy Road, Wanchai,
Hong Kong as the process agent to represent the Vendor to receive documents served to the Vendor for legal action or litigation
arising out of or in connection with this supplementary agreement. After any such document is delivered to CPU ICE ABLE LIMITED,
service shall be deemed to be completed, whether being passed to or received by the Vendor. The Vendor shall notify the Purchaser
of any change in the address of the process agent within 28 days after such change, and such change shall not come into force until
such notice is delivered or deemed to be delivered under the Article 15 of the original agreement. If the process agent is unable
to perform its duties or has no correspondence address in Hong Kong, the Vendor irrecoverably undertakes that it would immediately
appoint a new process agent acceptable for the Purchaser in Hong Kong, and deliver a written notice of appointment of process agent
to the Purchaser within 14 days.

4.2   The
Purchaser hereby irrecoverably appoints Yi Jia Investment Limited at Flat 1501, 15F, SPA Center, 53-55, Lockhart Road, Wanchai,
Hong Kong as the process agent to represent the Purchaser to receive documents served to the Purchaser for legal action or litigation
arising out of or in connection with this supplementary agreement. After any such document is delivered to Yi Jia Investment Limited,
service shall be deemed to be completed, whether being passed to or received by the Purchaser. The Purchaser shall notify the Vendor
of any change in the address of the process agent within 28 days after such change, and such change shall not come into force until
such notice is delivered or deemed to be delivered under the Article 15 of the original agreement. If the process agent is unable
to perform its duties or has no correspondence address in Hong Kong, the Purchaser irrecoverably undertakes that it would immediately
appoint a new process agent acceptable for the Vendor in Hong Kong, and deliver a written notice of appointment of process agent
to the Vendor within 14 days.

 

     

     

    

 

4.3   Nothing
of this supplementary agreement will influence any other means of service of process permitted by the laws, and will influence
any right to initiate the relevant litigation in any other jurisdiction to enforce judgment of court or arrange a settlement.

 

     

     

    

 

IN WITNESS WHEREOF, this Agreement
is executed by the duly authorized representatives of the Parties on the date indicated on the first page above.

 

	
        BETWEEN

        Authorized Representative: Li Qiang

        Glassy Mind Holdings Limited

         

         

         

        Witness: /s/ Hua Guanfa
	
        )

        ) /s/ Li Qiang

        )

        )

        )

        )

        )

 

     

     

    

 

	
        BETWEEN

        Authorized Representative:

        KongZhong Corporation

         

         

         

        Witness: /s/ Zhu Jianghua
	
        )

        ) /s/ Wang Leilei

        )

        )

        )

        )

        )

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00257-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00257-of-00352.parquet"}]]