Document:

exv4w32

Execution Copy

Exhibit 4.32

Translation

 

Exclusive Technical Service Agreement

by and between

Shanghai Huopu Cloud Computing Terminal Technology Co., Ltd.

and

The9 Computer Technology Consulting (Shanghai) Co., Ltd.

 

December 13, 2010

 

 

 

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Exclusive Technical Service Agreement

This Exclusive Technical Service Agreement (hereinafter this “Agreement”) is entered into between
the following Parties on December 13, 2010:

	1.	 	Shanghai Huopu Cloud Computing Terminal Technology Co., Ltd. (hereinafter “Party A”)

Registered address:

Legal representative:

	2.	 	The9 Computer Technology Consulting (Shanghai) Co., Ltd. (hereinafter “Party B”)

Registered address: Room 103, Building 3, No. 690 Bibo Road, Zhangjiang Hi-Tech Park,
Shanghai

Legal representative: Wang Yong

(In this Agreement, Party A and Party B are referred to collectively as the “Parties” and
individually as a “Party”.)

RECITAL

WHEREAS, Party A is a company with limited liability incorporated and legally existing in
Shanghai, the PRC, which is primarily engaged in
online game development, technical support and other related services.

WHEREAS, Party B is a wholly foreign-owned enterprise incorporated and legally existing in
Shanghai, the PRC, and it scope of business is as follows: development and production of computer
software, hardware and external equipment, sale of self-produced products, provision of related
technical consulting and technical service, provision of consulting service relating to corporate
management, and provision of investment consulting service.

WHEREAS, Party A is in need of any technical services provided by Party B with respect to
Party A’s Business (defined as below), and Party B agrees to provide such services to Party A.

THEREFORE, the Parties have reached the following agreement upon friendly consultations:

Article 1 Definition

	1.1	 	Unless otherwise required herein or except as otherwise construed in the context, the
following terms in this Agreement shall be interpreted to have the following meanings:

“Party A’s Business” shall mean all business activities being operated and developed by
Party A and those operated and developed by it at any time during the term hereof, including
but not limited to the business of
online game development, technical support and other related services by Party A.

 

 

 

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“Service” shall mean any service provided by Party B to Party A in connection with Party A’s
Business on an exclusive basis within the business scope of Party B, including but not
limited to:

	 	(1)	 	granting a license to Party A to use any software necessary for Party A’s
Business, in which Party B has a legal right;

	 
	 	(2)	 	providing Party A with a comprehensive operation plan and solution for
information technology/operation and management that is necessary for Party A’s
Business;

	 
	 	(3)	 	being responsible for the day-to-day management, maintenance and updating of
hardware equipment and data room/software resources and client resources;

	 
	 	(4)	 	being responsible for the development, maintenance and updating of application
software that is necessary for Party A’s Business;

	 
	 	(5)	 	providing training for the relevant business personnel of Party A;

	 
	 	(6)	 	assisting Party A in conducting technical information collection/ related
industry investigation and research;

	 
	 	(7)	 	providing consulting service relating to marketing and management of assets
(including without limitation, tangible assets and intangible assets, such as
trademarks, technologies, goodwill and public relation);

	 
	 	(8)	 	providing consulting service relating to personnel management and internal
administrative management;

	 
	 	(9)	 	providing consulting services, and other business and operation in relation
thereto;

	 
	 	(10)	 	providing any other relevant services required by Party A from time to time.

“Annual Business Plan” shall mean the business development plan and budget report of Party A
for the next calendar year as prepared by Party A before November 30 of each year in
accordance with this Agreement with the assistance of Party B.

“Service Fees” shall mean all fees that shall be paid by Party A to Party B under Article 3
hereof for any Service provided by Party B.

“Equipment” shall mean any and all equipment owned or purchased from time to time by Party
B, which is used for the purpose of providing the Service.

“Business Related Technologies” shall mean any and all software and technologies developed
by Party A in connection with Party A’s Business on the basis of the Service provided by
Party B hereunder.

“Customer Information” shall have the meaning ascribed to it in Article 6.1 hereof.

“Confidential Information” shall have the meaning ascribed to it in Article 6.2 hereof.

“Defaulting Party” shall have the meaning ascribed to it in Article 11.1 hereof.

“Default” shall have the meaning ascribed to it in Article 11.1 hereof.

“Party’s Rights” shall have the meaning ascribed to it in Article 13.5 hereof.

 

 

 

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	1.2	 	Any reference to any laws and regulations (hereinafter the “Laws”) herein shall be deemed:

	 	(1)	 	to include the references to the amendments, changes, supplements and
reenactments of such Laws, irrespective of whether they take effect before or after the
formation of this Agreement; and

	 
	 	(2)	 	to include the references to other decisions, notices and regulations enacted
in accordance therewith or effective as a result thereof.

	1.3	 	Except as otherwise stated in the context herein, all references to an article, clause, item
or paragraph shall refer to the relevant part of this Agreement.

Article 2 Service

	2.1	 	During the term hereof, Party B shall provide the Service to Party A with due care and
diligence based on the demand of Party A’s Business and according to the specific requirements
of Party A from time to time.

	 
	2.2	 	For the purpose of providing good Service, Party B shall grant to Party A the right to use
any hardware Equipment for computers and networks that is necessary for Party A’s Business.

	 
	2.3	 	Party B shall be equipped with all Equipment and personnel that are reasonably necessary for
the provision of the Service, and shall purchase and acquire new Equipment and employ
additional personnel based on the Annual Business Plan and according to the reasonable
requirements of Party A so as to satisfy the needs of Party B for the provision of good
Service to Party A in accordance with this Agreement.

	 
	2.4	 	For the purpose of providing the Service hereunder, Party B shall communicate and exchange
with Party A all information relating to Party A’s Business.

	 
	2.5	 	Notwithstanding any other provisions herein, Party B shall have the right to designate any
third party to provide any or all of the Services hereunder or perform any obligations of
Party B hereunder on its behalf. Party A hereby agrees that Party B shall have the right to
transfer to any third party all of its rights and obligations hereunder.

Article 3 Fees

	3.1	 	In respect of the Service provided by Party B hereunder, Party A shall pay the Service Fees
to Party B in the manner set forth below:

	 	3.1.1	 	the performance Service Fee that is equivalent to 90% of the remaining
amount of the Service income of Party A for the year in which such income is generated
after deducting the costs of Party A’s Business as agreed upon by the Parties; and

 

 

 

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	 	3.1.2	 	the Service Fee, as separately agreed by the Parties, for the provision of any
specific technical Service and consulting Service by Party B from time to time upon
request by Party A.

	 
	 	3.1.3	 	the Parties agree that the period for exemption of the performance Service Fee
shall be from January 1, 2011 to December 31, 2013, during which Party B shall exempt
Party A from the payment of any performance Service Fee incurred under Article 3.1.1
above as its support for the new business development of Party A.

	 
	 	3.1.4	 	at the end of each year, the Parties shall calculate and confirm the actual
amount of the Service Fees required to be settled according to the payment requirements
described above. In the event of any change of the above due to the change of actual
business situation, a written contract shall be signed by the Parties in respect
thereof.

	3.2	 	Party B may require Party A to make compensation in respect of any depreciation on the
Equipment actually provided by Party B to Party A for use according to the actual situation.

	 
	3.3	 	The Parties agree to pay the Service Fees pursuant to the following requirements:

	 	3.3.1	 	Unless otherwise exempted by Party B, Party A shall pay the fixed Service Fee
to Party B on monthly basis according to the payment notice issued by Party B to Party
A. Party A shall pay the fixed Service Fee under Article 3.1.1 hereof to Party B prior
to the tenth (10th) business day of each month;

	 
	 	3.3.2	 	Unless otherwise exempted by Party B, Party A shall pay the performance
Service Fee annually according to the payment notice issued by Party B to Party A.
After the close of each fiscal year of Party A, Party A and Party B shall calculate and
verify the performance Service Fee actually payable by Party A based on the total
income before taxation of Party A for the preceding year as confirmed in the audit
report issued by an accounting firm registered in China as agreed by the Parties.
Party A shall, within fifteen (15) business days after the issue of the audit report,
pay the corresponding performance Service Fee to Party B. Party A undertakes to Party
B that it will provide all necessary information and assistance to the above accounting
firm, and will procure such accounting firm to complete and issue to the Parties the
audit report for the preceding year within thirty (30) business days after the close of
each calendar year.

	 
	 	3.3.3	 	The payment method of the Service Fee under Article 3.1.3 hereof shall be
determined separately by the Parties.

	3.4	 	Party A shall pay all the Service Fees as scheduled to the bank account designated by Party B
pursuant to the requirement of this Article. Party B shall notify Party A in writing of any
change of its bank account within seven (7) business days prior to such change.

 

 

 

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	3.5	 	The Parties agree that any payment of the above Service Fees shall, in principle, not result
in operating difficulty of any Party in the year when such payment is made. For the above
purpose and to the extent of realizing the above principle, Party B may agree to postpone any
payment of the Service Fees by Party A, or upon mutual consultation, adjust the payment ratio
and/or specific amount of the Service Fees payable by Party A to Party B under Article 3.1
hereof in writing.

	 
	3.6	 	The Service Fees that shall be paid by Party A to Party B under Article 3.1.3 shall be
determined separately by the Parties according to the nature of the Service and workload.

Article 4 Obligations of Party A

	4.1	 	The Service provided by Party B hereunder shall be exclusive. During the term of this
Agreement and without the prior written consent of Party B, Party A shall not sign any
agreement with any other third parties, nor accept, in any other form, other Services provided
to it by such third parties that are identical or similar to the Service of Party B.

	 
	4.2	 	Party A shall, before November 30 of each year, provide Party B with the Annual Business Plan
for next year that has been confirmed by Party A so that Party B can prepare Service plans in
respect thereof and increase any software, Equipment, personnel and technical service capacity
required by it. Where Party A requires Party B to increase additional Equipment or personnel
on an ad hoc basis, it shall negotiate with Party B at least fifteen (15) days prior to such
increase so as to reach a unanimous agreement between the Parties.

	 
	4.3	 	To facilitate the provision of the Service by Party B, Party A shall provide Party B with the
relevant information required by it in a timely manner according to the requirements of Party
B.

	 
	4.4	 	Party A shall pay the Service Fees in full to Party B as scheduled in accordance with Article
3 hereof.

	 
	4.5	 	Party A shall maintain its good reputation, actively expand its business and strive for the
optimization of its interest.

	 
	4.6	 	During the term hereof, Party A agrees to cooperate with Party B and its parent companies
(including direct or indirect) to conduct an audit on connected transactions and all other
audits, and to provide Party B, its parent companies or any auditor entrusted by them with the
information and materials relating to the operation of Party A, its business, clients, finance
and employees. Party A also grants its consent to the disclosure of such information and
materials by the parent companies of Party B for the satisfaction of any regulatory
requirements of the countries on which their securities are listed.

 

 

 

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Article 5 Intellectual Property

	5.1	 	Any intellectual property originally owned by Party B or obtained during the term hereof,
including the intellectual property of work products created during the provision of the
Service shall be the property of Party B.

	 
	5.2	 	As the development of Party A’s Business is premised on the Service provided by Party B
hereunder, Party A agrees to make the following arrangements in respect of the Business
Related Technologies developed by Party A on the basis of such Service:

	 	(1)	 	if the Business Related Technologies are further developed by Party A due to
the entrustment of Party B, or jointly developed by Party A and Party B, their
ownership and the right to apply for patent in relation thereto shall belong to Party
B.

	 
	 	(2)	 	if the Business Related Technologies are further developed solely by Party A,
their ownership shall belong to Party A, provided that (A) Party A shall inform Party B
of the details of such technologies in a timely manner and provide Party B with the
relevant information required by it; (B) if Party A intends to license or transfer such
technologies, it shall first transfer such technologies or grant an exclusive license
in respect thereof to Party B subject to the mandatory requirements of the Laws of the
PRC. Party B may use such technologies within the specific scope of transfer or
authorization (but Party B shall have the right to decide whether to accept the
transfer or license); Party A shall only transfer the ownership of such technologies or
grant a license in respect thereof to any third party on the conditions not favorable
than those offered to Party B (including but not limited to the transfer price or
license fee) when Party B gives up the pre-emptive right in respect of the ownership of
such technology or an exclusive license to use the same, and shall guarantee that such
third parties will fully comply and perform the obligations of Party A hereunder; (C)
save for the circumstances described in (B) above, Party B shall have the right to
request for the purchase of such technologies during the term hereof; Party A shall
give its consent to such purchase request made by Party B subject to the mandatory
requirements of the Laws of the PRC, and the purchase price shall be the lowest price
permitted by the Laws of the PRC then in force.

	5.3	 	If Party B is licensed to use the Business Related Technologies exclusively pursuant to
paragraph (2) of Article 5.2 hereof, such license shall be made according to the following
requirements:

	 	(1)	 	the term of the license shall not be less than five (5) years (from the
effective date of the relevant license agreement);

	 
	 	(2)	 	the scope of the license shall be set at the greatest possible extent;

	 
	 	(3)	 	during the term of the license and within scope thereof, no Party (including
Party A) other than Party B shall in any way use or license others to use such
technologies;

 

 

 

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	 	(4)	 	without violating the conditions set forth in paragraph (3) of Article 5.3,
Party A shall have right to decide in its sole discretion to grant further licenses to
other third parties in respect of such technologies;

	 
	 	(5)	 	upon expiry of the license, Party B shall have the right to request for the
renewal of the license agreement, and Party A shall give its consent in respect
thereof. The terms of the license agreement shall remain unchanged, except for those
changes agreed by Party B.

	5.4	 	Notwithstanding paragraph (2) of Article 5.2 above, all applications for patent with respect
to any Business Related Technologies set forth in such paragraph shall be made according to
the following requirements:

	 	(1)	 	if Party A intends to apply for patent with respect to any Business Related
Technologies set forth in such paragraph, it shall obtain the prior written consent
from Party B.

	 
	 	(2)	 	Party A shall only apply for patent on its own or transfer such right to
application to any third party when Party B gives up to purchase such right to
application for the Business Related Technologies. To the extent that Party A
transfers the right to application for patent as described above, Party A shall
guarantee that such third party will fully comply and perform the obligations of Party
A hereunder; the conditions on which Party A transfers the right to application for
patent to a third party (including but not limited to the transfer price) shall not be
favorable than those offered to Party B under paragraph (3) of this Article 5.4 hereof.

	 
	 	(3)	 	during the term hereof, Party B may at any time require Party A to make an
application for patent with respect to such Business Related Technologies, and decide
on its own whether to purchase the right to application in respect of such patent
application. Upon request by Party B, Party A shall transfer such right to application
for patent to Party B subject to the mandatory requirements of the Laws of the PRC, and
the transfer price shall be the lowest price permitted by the Laws of the PRC then in
force; Party B shall make patent applications after obtaining the right to application
for patent with respect to the Business Related Technologies. On obtaining the patent,
Party B shall become the legitimate owner of such patent.

	5.5	 	Each of the Parties warrant to the other Party that it will indemnify the other Party against
any and all economic losses suffered by the other Party due to its infringement of others’
intellectual property right (including copyright, trademark, patent right and proprietary
technologies).

Article 6 Obligation of Confidentiality

	6.1	 	During the term hereof, all Customer Information relating to Party A’s Business and the
Service provided by Party B, as well as other relevant materials (hereinafter the “Customer
Information”) shall be jointly owned by the Parties.

 

 

 

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	6.2	 	Regardless of whether this Agreement has terminated or not, the Parties shall keep in strict
confidence all the trade secrets, proprietary information and customer information and all
other information of a confidential nature about the other Parties known by them during the
execution and performance of this Agreement (hereinafter collectively the “Confidential
Information”). Unless a prior written consent is obtained from the Party disclosing the
Confidential Information or unless it is required to be disclosed to third parties according
to the relevant laws and regulations or the requirement of the country on which any affiliate
of a Party is listed, the Party receiving the Confidential Information shall not disclose to
any third party any Confidential Information. The receiving Party shall not use or indirectly
use any Confidential Information other than for the purpose of performing this Agreement.

	 
	6.3	 	The following information shall not deemed as the Confidential Information:

	 	(a)	 	any information that has been legally known by receiving Party before as
evidenced by written documents;

	 
	 	(b)	 	any information entering the public domain not attributable to the fault of the
receiving Party; or

	 
	 	(c)	 	any information lawfully acquired by the receiving Party through other sources
after its receipt of such information.

	6.4	 	The receiving Party may disclose the Confidential information to its relevant employees,
agents or professionals retained by it. However, the receiving Party shall ensure that the
aforesaid personnel shall comply with the relevant terms and conditions of this Agreement and
be responsible for any liability incurred in connection with any breach by such personnel of
the relevant terms and conditions hereof.

	 
	6.5	 	Notwithstanding any other provisions herein, the effect of this Article shall not be affected
by the termination of this Agreement.

Article 7 Representations and Warranties by Party A

Party A hereby represents and warrants to Party B as follows:

	7.1	 	It is a company with limited liability duly incorporated and legally existing under the Laws
of the PRC with an independent legal person status, has full and independent legal status and
legal capacity to execute, deliver and perform this Agreement, and may act independently as a
party to lawsuit.

	 
	7.2	 	It has full corporate power and authority to execute and deliver this Agreement and all the
other documents to be signed by it in relation to the transaction referred to herein, and has
the full power and authority to complete the transaction referred to herein. This Agreement
shall be executed and delivered by it legally and properly. This Agreement constitutes the
legal and binding obligations on it and is enforceable against it in accordance with its
terms.

 

 

 

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	7.3	 	It has the complete business licenses necessary for its operation as of the effective date
hereof and adequate rights and qualifications to operate Party A’s Business being conducted
by it in China.

	 
	7.4	 	It shall, within fifteen (15) business days after the close of each quarter, provide Party B
with the financial statements of the quarter to which they relate and a budget for next
quarter, and shall, within thirty (30) business days after the close of each year, provide
Party B with the financial statement of the year to which they relate and a budget for next
year.

	 
	7.5	 	It shall notify Party B promptly of any circumstance that has or may have a material adverse
effect on Party A’s Business and its operation, and shall use its best effort to prevent the
occurrence of such circumstance and/or increase of losses.

	 
	7.6	 	Without the written consent of Party B, Party A shall not in any way dispose of any asset
that is of significance to Party A, nor change the existing shareholding structure of Party A.

	 
	7.7	 	Once Party B makes a written request, Party A shall use all its trade receivables and/or all
other assets that are legally owned and may be disposed of by it at that time in the manner
permitted by the Laws then in effect as the guarantee for the performance of its payment
obligation under Article 3 hereof.

	 
	7.8	 	It shall indemnify and hold Party B harmless against all losses suffered or likely to be
suffered by it due to the provision of the Service by Party B, including without limitation,
any loss resulting from any litigation, demand, arbitration or claim by any third party
against it or from administrative investigation or penalty by government authorities,
provided, however, that no indemnification is available for any losses caused by a willful
default or gross negligence of Party B.

Article 8 Representations and Warranties by Party B

Party B hereby represents and warrants to Party A as follows:

	8.1	 	It is a company with limited liability duly incorporated and legally existing under the Laws
of the PRC with an independent legal person status. It has full and independent legal status
and legal capacity to execute, deliver and perform this Agreement and may act independently as
a party to lawsuit.

	 
	8.2	 	It has full corporate power and authority to execute and deliver this Agreement and all the
other documents to be signed by it in relation to the transaction referred to herein, and has
the full power and authority to complete the transaction referred to herein. This Agreement
shall be executed and delivered by it legally and properly. This Agreement constitutes the
legal and binding obligations on it and is enforceable against it in accordance with its
terms.

 

 

 

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Article 9 Term of Agreement

	9.1	 	This Agreement shall be formed from the date on which it is duly signed by the Parties. This
Agreement shall, once formed, have retrospective effect up to January 1, 2011.
Unless otherwise expressly agreed herein or the Parties agree in writing to terminate
this Agreement, this Agreement shall have a term of twenty (20) years.

	9.2	 	The Parties shall, within three months prior to the expiry of their respective business
terms, complete all formalities in relation to the approval and registration for the extension
of their business terms so that the term of this Agreement can be continued.

	 
	9.3	 	Upon termination hereof, Party A and Party B shall continue to observe their respective
obligations under Article 6 hereof.

Article 10 Notice

	10.1	 	Any notice, request, demand and other correspondences required by this Agreement or made in
accordance with this Agreement shall be delivered in writing to the relevant Party.

	 
	10.2	 	Any such notice or other correspondences shall be deemed to have been delivered, if sent by
facsimile or telex, when it is sent, and if delivered in person, when it is delivered, and if
sent by post, five (5) days after it was posted.

Article 11 Liabilities for Breach of Contract

	11.1	 	The Parties agree and confirm that, if any Party (hereinafter the “Defaulting Party”)
substantially violates any of the provisions herein or substantially fails to perform any of
the obligations hereunder, such violation or failure shall constitute a default under this
Agreement (hereinafter a “Default”), and the non-defaulting Party shall have the right to
require the Defaulting Party to rectify such Default or take remedial measures within a
reasonable period. If the Defaulting Party fails to rectify such Default or take remedial
measures within such a reasonable period or within ten (10) days after the non-defaulting
Party notifies the Defaulting Party in writing and require it to rectify the Default, then the
non-defaulting Party shall have the right to decide: (1) to terminate this Agreement and
require the Defaulting Party to make compensation for all damages; or (2) to require the
performance by the Defaulting Party of its obligations hereunder compulsorily and demand the
Defaulting Party to make compensation for all damages.

	 
	11.2	 	Notwithstanding Article 11.1 above, the Parties agree and confirm that in no circumstances
shall Party A terminate this Agreement for whatever cause, unless otherwise required by the
Laws or herein.

	 
	11.3	 	Notwithstanding any other provisions herein, the effect of this Article shall not be affected
by the termination of this Agreement.

 

 

 

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Article 12 Force Majeure

If, due to earthquake, typhoon, flood, fire, war, computer virus, design defect of instrumental
software, internet hacking, change of polices or Laws, and other events of force majeure that are
unforeseeable or the consequences of which are unpreventable or unavoidable, the ability of a Party
to perform this Agreement is directly affected or it fails to perform this Agreement
pursuant to the conditions agreed by the Parties, the Party affected by such an event of force
majeure shall notify the other Party immediately of the same by facsimile and, within thirty (30)
days after notifying the other Party, provide a detailed account of the event of force majeure and
the documentation showing the reasons for its being unable to perform or its delay in the
performance of this Agreement. Such documentation shall be issued by a public notary organization
in the locality of such event of force majeure. The Parties shall, in accordance with the extent
to which the performance of this Agreement is affected by an event of force majeure, decide on
whether the performance of part of the obligations hereunder shall be waived or delayed. The
Parties shall not be liable for making compensation for any economic loss suffered by them due to
the event of force majeure.

Article 13 Miscellaneous

	13.1	 	This Agreement is executed in Chinese in two (2) originals, with one (1) original to be
retained by each Party hereto.

	 
	13.2	 	The formation, effectiveness, performance, amendment, interpretation and termination of this
Agreement shall be governed by the Laws of the PRC.

	 
	13.3	 	Any disputes arising out of and in connection with this Agreement shall be resolved through
consultations among the Parties. If the Parties cannot reach an agreement regarding such
disputes within thirty (30) days of their occurrence, such disputes shall be submitted to
China International Economic and Trade Arbitration Commission for arbitration in Beijing in
accordance with the arbitration rules of such Commission currently in force at the time when
the application for arbitration is made, and the arbitration award shall be final and binding
on the Parties.

	 
	13.4	 	None of the rights, powers and remedies granted to any Party by any provisions herein shall
preclude any other rights, powers and remedies available to such Party at Laws and under the
other provisions of this Agreement, nor shall the exercise by a Party of its rights, powers
and remedies preclude any exercise by such Party of its other rights, powers and remedies.

	 
	13.5	 	No failure or delay by a Party in exercising any of its rights, powers and remedies hereunder
or in accordance with Laws (hereinafter the “Party’s Rights”) shall result in a waiver
thereof, nor shall the waiver of any single or partial exercise of the Party’s Rights preclude
such Party from exercising such rights in any other way and exercising the other Party’s
Rights.

	 
	13.6	 	The headings of the provisions herein are for reference only, and in no circumstances shall
such headings be used for or affect the interpretation of the provisions hereof.

	 
	13.7	 	Each provision contained herein shall be severable and independent from each of other
provisions, and if at any time any one or more provisions herein become(s) invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions herein
shall not be affected as a result thereof.

	 
	13.8	 	Any amendments or supplements to this Agreement shall be made in writing, and shall become
effective only when duly signed by the Parties to this Agreement.

 

 

 

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	13.9	 	Unless otherwise agreed herein, no Party shall transfer any of its rights and/or obligations
hereunder to any third parties without the prior written consent of the other Party.

	 
	13.10	 	This Agreement shall be binding on the legal successors of the Parties.

	 
	13.11	 	The Parties undertake that they will legally declare and pay all taxes on the transactions
contemplated under this Agreement, respectively.

	 
	13.12	 	This Agreement is the entire agreement between the Parties with respect to the subject
matter of this Agreement and supersedes all previous oral and written agreements, contracts,
understandings and communications existing between the Parties with respect to such subject
matter.

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[Signature Page]

IN WITNESS HEREOF, the Parties have caused this Exclusive Technical Service Agreement to be
executed as of the date and in the place first above written.

Party A:

Shanghai Huopu Cloud Computing Terminal Technology Co., Ltd. [Chop affixed]

(Company chop)

Signature: /s/ Han Junping          

Name:

Position: Legal Representative

Party B:

The9 Computer Technology Consulting (Shanghai) Co., Ltd. [Chop affixed]

(Company chop)

Signature: /s/ Wang Yong                    

Name: Wang Yong

Position: Legal Representative

 

Exclusive Technical Service Agreement – Signature Pageexv4w33

Exhibit 4.33

Translation

December 13,
2010

Exclusive Call Option Agreement

By and Among

Han Junping

Xiong Wei

and

The9 Computer Technology Consulting (Shanghai) Co., Ltd.

Regarding

Shanghai Huopu Cloud Computing Terminal Technology Co., Ltd.

 

 

 

Exclusive Call Option Agreement

This Exclusive Call Option Agreement (hereinafter this “Agreement”) is entered into in Shanghai,
the People’s Republic of China (hereinafter “PRC”) as of December 13, 2010 by and among the
following Parties:

	(1)	 	Han Junping, a PRC citizen with his identity card number:                      and his
domicile address at                                         ;
	 
	(2)	 	Xiong Wei, a PRC citizen with his identity card number:                      and his
domicile address at                                         ;

(Han Junping and Xiong Wei are hereinafter referred to individually or collectively as the
“Existing Shareholder(s)”)

	(3)	 	The9 Computer Technology Consulting (Shanghai) Co., Ltd., a company
with limited liability established and validly existing under the PRC
Law with its registered address at Room 103, Building 3, No. 690 Bibo
Road, Zhangjiang Hi-Tech Park, Shanghai (hereinafter “The9 Computer”);

(In this Agreement, all parties mentioned above are referred to individually as a “Party” and
collectively as the “Parties”)

WHEREAS:

	(1)	 	The Existing Shareholders are the shareholders of Shanghai Huopu Cloud
Computing Terminal Technology Co., Ltd. (“Huopu Cloud”) a company with
limited liability established and validly existing under the PRC Law,
hereinafter the “Company”) whose name appear on the register of
members of the Company, legally holding all equity interests of the
Company, and the capital contribution and equity ratio of the Existing
Shareholders in the registered capital of the Company as of the date
of this Agreement are set out in Appendix I hereto.
	 
	(2)	 	The Existing Shareholders intend to transfer to The9 Computer and/or
any other entity or individual designated by it, and The9 Computer
intends to accept the transfer of, all of their respective equity
interests in the Company, subject to the PRC Law.
	 
	(3)	 	In order to realize the equity transfer described above, the Existing
Shareholders agree to grant to The9 Computer an exclusive and
irrevocable equity transfer option, respectively. Pursuant to the
equity transfer option, the Existing Shareholders shall, at the
request of The9 Computer and to the extent permitted by the PRC Law,
transfer the Option Equity (as defined below) to The9 Computer and/or
any other entity or individual designated by it in accordance with the
provisions of this Agreement.

 

 

 

Therefore, the Parties have reached the following agreement upon mutual consultations:

Article 1 — Definition

	1.1	 	Except as otherwise construed in the context, the following terms in
this Agreement shall be interpreted to have the following meanings:

“PRC Law” shall mean the laws, administrative regulations, administrative rules, local regulations,
judicial interpretations and other binding regulatory documents of the People’s Republic of China
(for the purpose of this Agreement, excluding Hong Kong Special Administrative Region, Macao
Special Administrative Region and Taiwan) then in effect.

“Transfer Option” shall mean the option to request for the purchase of equity interests in the
Company as granted by the Existing Shareholders to The9 Computer pursuant to the terms and
conditions of this Agreement.

“Option Equity” shall mean, in respect of each of the Existing Shareholders, all the equity
interest held by him in the Company Registered Capital (as defined below); and in respect of all
the Existing Shareholders, the equity interest accounting for 100% of the Company Registered
Capital.

“Company Registered Capital” shall mean the registered capital of the Company on the date of this
Agreement, i.e., RMB50,000,000, and shall include any expanded registered capital as a result of
any capital increase within the term of this Agreement.

“Transferred Equity” shall mean the equity interest of the Company which The9 Computer has the
right to require any of the Existing Shareholders to transfer to it or its designated entity or
individual in accordance with Article 3.2 hereof when The9 Computer exercises its Transfer Option,
the quantity of which may be all or part of the Option Equity and the specific amount of which
shall be determined by The9 Computer in its sole discretion in accordance with the PRC Law then in
effect and based on its own commercial consideration.

“Exercise of Option” shall mean any exercise by The9 Computer of its Transfer Option.

“Transfer Price” shall mean all the considerations which The9 Computer or its designated entity or
individual is required to pay to the Existing Shareholders in order to obtain the Transferred
Equity upon each Exercise of Option.

 

 

 

“Business Permits” shall mean any approvals, permits, filings and registrations etc. which the
Company is required to have for legally and validly operating all of its
businesses, including but not limited to the Business License of the Corporate Legal Person, the
Tax Registration Certificate, the Permit for Operations of Value-added Telecommunication
Businesses with respect to the business operation of internet information services, the Network
Cultural Business Permit for operating internet cultural products containing online games, the
approval document number required to obtain from internet publication institutions for operating
online games, the filings required to be made with the producers of electronic publications for
producing electronic publications, and such other relevant licenses and permits as required by the
PRC Laws then in effect;

“Company Assets” shall mean all the tangible and intangible assets which the Company owns or has
the right to dispose of during the term of this Agreement, including but not limited to any
immoveable and moveable assets, and such intellectual property rights as trademarks, copyrights,
patents, proprietary know-how, domain name, software use right, and any investment interest;

“Material Asset” shall mean any asset which has a book value of RMB100,000 or more or has a
material impact on the businesses operation of any Party.

“Material Agreement” shall mean any agreement to which the Company is a party and which has a
material impact on the business or assets of the Company, including but not limited to the
important agreements regarding the profit distribution of online games, its technical services,
information release/business of the Company;

“Exercise Notice ” shall have the meaning ascribed to it in Article 3.5 of this Agreement.

“Confidential Information” shall have the meaning ascribed to it in Article 7.1 of this Agreement.

“Defaulting Party” shall have the meaning ascribed to it in Article 9.1 of this Agreement.

“Default” shall have the meaning ascribed to it in Article 9.1 of this Agreement.

“Party’s Rights” shall have the meaning ascribed to it in Article 11.5 of this Agreement.

	1.2	 	Any reference to the PRC Law herein shall be deemed (1) to include the
references to the amendments, changes, supplements and reenactments of
such law, irrespective of whether they take effect before or after the
formation of this Agreement; and (2) to include the references to
other decisions, notices and regulations enacted in accordance
therewith or effective as a result thereof.

	1.3	 	Except as otherwise stated in the context herein, all references to an
article, clause, item or paragraph shall refer to the relevant part of
this Agreement.

 

 

 

Article 2 Grant of Transfer Option

	2.1	 	The Existing Shareholders hereby severally and jointly agree to grant to The9 Computer an
irrevocable, unconditional and exclusive Transfer Option. Pursuant to the Transfer Option,
The9 Computer shall have the right to, to the extent permitted by the PRC Law, require the
Existing Shareholders to transfer the Option Equity to The9 Computer or its designated entity
or individual according to the terms and conditions of this Agreement. The9 Computer also
agrees to accept such Transfer Option.

Article 3 Method for Exercise of Option

	3.1	 	Subject to the terms and conditions of this Agreement, The9 Computer
shall have the absolute sole discretion to determine the specific
time, method and times of its Exercise of Option to the extent
permitted by the PRC Law.

	3.2	 	If The9 Computer and/or any other entity or individual designated by
it is/are permitted by the PRC Law then in effect to hold all the
equity interest of Huopu Cloud, The9 Computer shall have the right to
elect to exercise all of its Transfer Option on a one-off basis, and
The9 Computer and/or any other entity or individual designated by it
shall accept the one-off transfer of all the Option Equity from the
Existing Shareholders; if The9 Computer and/or any other entity or
individual designated by it is/are permitted by the PRC Law then in
effect to hold only part of the equity interest of Huopu Cloud, The9
Computer shall have the right to determine the amount of the
Transferred Equity within the extent of not exceeding the upper limit
of shareholding ratio as specified by the PRC Law then in force
(hereinafter the “Shareholding Limit”), and shall also have the right
to designate at its own will the amount of the Transfer Option that
the Existing Shareholders shall transfer to The9 Computer and/or any
entity or individual designated by it in such Exercise of Option. In
the latter case, The9 Computer shall have the right to exercise its
Transfer Option at multiple times in line with the gradual
deregulation of the PRC Law on the permitted Shareholding Limit, with
a view to ultimately acquiring all the Option Equity.

	3.3	 	At each Exercise of Option by The9 Computer, each of the Existing
Shareholders shall transfer the Transferred Equity to The9 Computer
and/or any other entity or individual designated by it in the amount
requested by The9 Computer. The9 Computer and any other entity or
individual designated by it shall pay the Transfer Price in respect of
the Transferred Equity accepted in each Exercise of Option to the
Existing Shareholders transferring such Transferred Equity.

	3.4	 	Subject to the terms and conditions of this Agreement and without
violating the PRC Law then in effect, The9 Computer may accept the
transfer of the Transferred Equity by itself or designate any third
party to accept the transfer of all or part of the Transferred Equity
in each Exercise of Option.

 

 

 

	3.5	 	Having decided each Exercise of Option, The9 Computer shall issue to
the Existing Shareholders a notice for exercising the Transfer Option
(hereinafter the “Exercise Notice”, the form of which is set out in
Appendix II hereto). The Existing Shareholders shall, upon receipt of
the Exercise Notice, forthwith transfer the Transferred Equity to The9
Computer and/or any other entity or individual designated by it in
such method as described in Article 3.3 hereof.

	3.6	 	Each of the Existing Shareholders hereby jointly and severally
undertake and guarantee that once The9 Computer issues the Exercise
Notice:

	 	(1)	 	he shall immediately convene a shareholders’ meeting, pass
shareholders’ resolution and take all other necessary actions to
approve the transfer by any Existing Shareholder of all the Transfer
Option at the Transfer Price to The9 Computer and/or any other entity
or individual designated by it, and give up any pre-emptive right
owned by him (if any);
	 
	 	(2)	 	he shall immediately enter into an equity transfer agreement with The9
Computer and/or any other entity or individual designated by it for
the transfer of all the Transferred Equity at the Transfer Price to
The9 Computer and/or any other entity or individual designated by it;
	 
	 	(3)	 	he shall provide The9 Computer with necessary support (including
providing and executing all relevant legal documents, performing all
government approval and registration procedures and assuming all
relevant obligations) as per its request and in accordance with the
requirements of the laws and regulations, so that The9 Computer and/or
any other entity or individual designated by it can acquire all the
Transferred Equity, free from and clear of any legal defect and any
encumbrance, third party right or any other restriction on equity
interest.

	3.7	 	In respect of the Transferred Equity, at each Exercise of Option by
The9 Computer, all the Transfer Price that shall be paid by The9
Computer or its designated entity or individual to each of the
Existing Shareholders shall be the book value of the Company
Registered Capital that is corresponding to the Transferred Equity.
If, however, the lowest price permitted by the PRC Law then in force
is higher than the book value of the Company Registered Capital, the
Transfer Price shall be the lowest price permitted by the PRC Law.

 

 

 

Article 4 Representations and Warranties

	4.1	 	Each of the Existing Shareholders hereby jointly and severally
represents and warrants as follows:

	 	4.1.1	 	He is a PRC citizen with full capacity, has full and independent
legal status and legal capacity to execute, deliver and perform this
Agreement, and may act independently as a party to lawsuit.
	 
	 	4.1.2	 	He has full power to execute, deliver and perform this Agreement and
all the other documents to be signed by him in relation to the
transaction referred to herein, and he has the full power to
complete the transaction referred to herein.
	 
	 	4.1.3	 	This Agreement shall be executed and delivered by him legally and
properly. This Agreement constitutes the legal and binding
obligations on him and is enforceable against him in accordance with
its terms and conditions.
	 
	 	4.1.4	 	He is the legal owner of the Option Equity whose name appears on the
register of members of the Company as of the effective date of this
Agreement, and except the pledge right created by the Equity Pledge
Agreement dated December 13, 2010 between The9 Computer and the
Existing Shareholders, the delegated power created by the
Shareholders’ Voting Proxy Agreement dated December 13,
2010 among the Company, The9 Computer and the Existing Shareholders,
and the rights created by this Agreement, there is no lien, pledge,
claim and other encumbrances and third party rights on the Option
Equity. In accordance with this Agreement, The9 Computer and/or any
other entity or individual designated by it may, upon the Exercise
of Option, obtain a good title to the Transferred Equity, free from
and clear of any lien, pledge, claim and other encumbrances or third
party rights.
	 
	 	4.1.5	 	The execution, delivery and performance by the Existing Shareholders
of this Agreement and the consummation by the Existing Shareholders
of the transactions contemplated hereby do not violate any
provisions of the PRC Law, and any of its agreements, contracts and
other arrangements with any third party by which he is bound.

	4.2	 	The9 Computer hereby represents and warrants as follows:

	 	4.2.1	 	The9 Computer is a wholly foreign-owned company with limited
liability duly incorporated and legally existing under the RPC Law
with an independent legal person status. The9 Computer has full and
independent legal status and legal capacity to execute, deliver and
perform this Agreement and may act independently as a party to
lawsuit.
	 
	 	4.2.2	 	The9 Computer has the full corporate power and authority to execute,
deliver and perform this Agreement and all the other documents to be
signed by it in relation to the transaction referred to herein, and
it has the full power and authority to complete the transaction
referred to herein.

 

 

 

Article 5 Undertakings by Existing Shareholders

Each of the Existing Shareholders hereby severally and jointly undertakes as follows:

	5.1	 	He shall take all necessary measures during the term of this Agreement
to ensure that the Company is able to obtain all the Business Permits
promptly and all the Business Permits remain to be valid at any time.

	5.2	 	Without the prior written consent by The9 Computer during the term of
this Agreement,

	 	5.2.1	 	none of the Existing Shareholders shall transfer or otherwise
dispose of any Option Equity or create any encumbrance or other
third party rights on any Option Equity;
	 
	 	5.2.2	 	he shall not increase or decrease the Company Registered Capital, or
cause/approve the Company to be divided or merged with any other
entity;
	 
	 	5.2.3	 	he shall not dispose of or cause the management of the Company to
dispose of any Material Asset (other than in the ordinary course of
business), or create any encumbrance or other third party rights on
any Material Asset;
	 
	 	5.2.4	 	he shall not terminate or cause the management of the Company to
terminate any Material Agreements entered into by the Company, or
enter into any other agreements in conflict with the existing
Material Agreements;
	 
	 	5.2.5	 	he shall not appoint or replace any executive directors or members
of the board (if any)or supervisors of the Company or any other
management personnel of the Company who shall be appointed or
dismissed by the Existing Shareholders;
	 
	 	5.2.6	 	he shall not procure the Company to declare the distribution of or
in practice release any distributable profit, bonus, share profit
or dividend;
	 
	 	5.2.7	 	he shall ensure that the Company validly exists and is not
terminated, liquidated or dissolved;
	 
	 	5.2.8	 	he shall not amend the articles of association of the Company;
	 
	 	5.2.9	 	he shall ensure that the Company shall not lend or borrow any money,
or provide guarantee or engage in security activities in any other
forms, or bear any substantial obligations other than in the
ordinary course of business;
	 
	 	5.2.10	 	he shall not in any way make or authorize others (including but not
limited to the Company’s directors nominated by him) to make any
resolution, instruction, consent or order to procure the Company to
carry out any transaction that would or might substantially affect
any asset, right, obligation or business of the Company (including
its branches, subsidiaries or affiliates) (hereinafter “Prohibited
Transaction”), nor sign any agreement, contract, memorandum or
transaction document of any other form in respect of the Prohibited
Transaction (hereinafter “Prohibited Document”), nor shall he allow
any Prohibited Transaction to be carried out nor any Prohibited
Documents to be signed through omission to act; and

 

 

 

	 	5.2.11	 	he shall not cause the Company or the management of Company to
approve any of the following acts of the Company’s subsidiaries or
affiliates (collectively referred to the “Subsidiaries”):

	 	(a)	 	to increase or decrease any Subsidiary’s registered capital, or
cause/approve any Subsidiary to be divided or merged with any other
entity;
	 
	 	(b)	 	to dispose of or cause the management of the Subsidiaries to
dispose of any Material Assets of any Subsidiary (other than in the
ordinary course of business), or create any encumbrance or other
third party rights on the Material Asset;
	 
	 	(c)	 	to terminate or cause the management of the Subsidiaries to
terminate any Material Agreements entered into by any Subsidiary,
or enter into any other agreements in conflict with the existing
Material Agreements;
	 
	 	(d)	 	to appoint or replace any directors or supervisors of any
Subsidiary or any other management personnel of such Subsidiary who
shall be appointed or dismissed by the Company;
	 
	 	(e)	 	to terminate, liquidate or dissolve any Subsidiary or act in
any way that damages or is likely to damage the valid existence of
any Subsidiary;
	 
	 	(f)	 	to amend the articles of association of any Subsidiary; and
	 
	 	(g)	 	to lend or borrow any money, or provide guarantee or engage in
security activities in any other forms, or bear any substantial
obligations other than in the ordinary course of business.

	5.3	 	Within the term of this Agreement, he shall make his best effort to
develop the business of the Company and ensure that the operation of
the Company is legal and in compliance with the regulations, and he
will not engage in any act or omission to act which may damage the
Company’s (including the Subsidiaries’) assets, goodwill or affect
the validity of the Business Permits of the Company.
	 
	5.4	 	Within the term of this Agreement, he shall timely notify The9
Computer of any situation that may have a material adverse effect on
the existence, business operation, financial condition, assets or
goodwill of the Company (including the Subsidiaries), and shall timely
take all the measures approved by The9 Computer to remove such adverse
situation or take effective remedial measures with respect thereto.
	 
	5.5	 	He will procure any director of the Company nominated by him or any
management personnel of the Company recommended by him (if any) to
strictly observe the above undertakings in discharging their duties as
director or management personnel of the Company, and shall not in any
way engage in any act or omission to act that is in conflict with any
such undertaking.

 

 

 

	5.6	 	If the total amount of the Transfer Price obtained by any Existing
Shareholder with respect to the Transferred Equity held by him is
higher than his capital contribution to the Company, or he receives
any form of profit distribution, share profit, dividend or bonus from
the Company, then the Existing Shareholder agrees that he will,
subject to the provisions of the PRC Law, give up the premium
earnings and any profit distribution, share profit, dividend or bonus
(after the deduction of relevant taxes), and The9 Computer shall be
entitled thereto. Otherwise, such Existing Shareholder shall
compensate The9 Computer and/or any other entity or individual
designated by it for any loss incurred as a result thereof.

Article 6 Confidentiality

	6.1	 	Regardless of whether this Agreement has terminated or not, the
Parties shall keep in strict confidence all the trade secrets,
proprietary information and customer information and all other
information of a confidential nature about the other Parties known by
them during the execution and performance of this Agreement
(hereinafter collectively the “Confidential Information”). Unless a
prior written consent is obtained from the Party disclosing the
Confidential Information or unless it is required to be disclosed to
third parties according to the relevant laws and regulations or the
requirement of the country on which any affiliate of a Party is
listed, the Party receiving the Confidential Information shall not
disclose to any third party any Confidential Information. The
receiving Party shall not use or indirectly use any Confidential
Information other than for the purpose of performing this Agreement.

	6.2	 	The following information shall not deemed as the Confidential Information:

	 	(a)	 	any information that has been legally known by receiving Party before
as evidenced by written documents;
	 
	 	(b)	 	any information entering the public domain not attributable to the
fault of the receiving Party; or
	 
	 	(c)	 	any information lawfully acquired by the receiving Party through other
sources after his/its receipt of such information.

	6.3	 	The receiving Party may disclose the Confidential information to
his/its relevant employees, agents or professionals retained by
him/it. However, the receiving Party shall ensure that the aforesaid
personnel shall comply with the relevant terms and conditions of this
Agreement and be responsible for any liability incurred in connection
with any breach by such personnel of the relevant terms and conditions
hereof.
	 
	6.4	 	Notwithstanding any other provisions herein, the effect of this
Article shall not be affected by the suspension or termination of this
Agreement.

 

 

 

Article 7 Term of Agreement

	7.1	 	This Agreement shall become effective once it is duly signed by the
Parties, and shall terminate after all the Option Equity is legally
transferred to The9 Computer and/or any other entity or individual
designated by it in accordance with the provisions of this Agreement.

Article 8 Notice

	8.1	 	Any notice, request, demand and other correspondences required by this
Agreement or made in accordance with this Agreement shall be delivered
in writing to the relevant Party.
	 
	8.2	 	Any such notice or other correspondences shall be deemed to have been
delivered, if sent by facsimile or telex, when it is sent, and if
delivered in person, when it is delivered, and if sent by post, five
(5) days after it was posted.
	 
	8.3	 	Any notice, request, demand and other correspondences made to The9
Computer shall be delivered to the address of the Company as first
above written.

Article 9 Liabilities for Breach of Contract

	9.1	 	The Parties agree and confirm that, if any Party (hereinafter the
“Defaulting Party”) substantially violates any of the provisions
herein or substantially fails to perform any of the obligations
hereunder, such violation or failure shall constitute a default under
this Agreement (hereinafter a “Default”), and the non-defaulting Party
shall have the right to require the Defaulting Party to rectify such
Default or take remedial measures within a reasonable period. If the
Defaulting Party fails to rectify such Default or take remedial
measures within such a reasonable period or within ten (10) days after
the non-defaulting Party notifies the Defaulting Party in writing and
require it to rectify the Default, then the non-defaulting Party shall
have the right at its own discretion to decide the following:

	 	9.1.1	 	if any Existing Shareholder or the Company is the Defaulting
Party, The9 Computer shall be entitled to terminate this Agreement and
require the Defaulting Party to make compensation for damages;
	 
	 	9.1.2	 	if The9 Computer is the Defaulting Party, the non-defaulting
Party shall be entitled to require the Defaulting Party to make
compensation for damages, but unless otherwise provided by law, the
non-defaulting Party shall have no right to terminate or discharge
this Agreement in any circumstances.

	9.2	 	The rights and remedies set out herein shall be cumulative, and shall
not preclude any other rights or remedies provided by law.

	9.3	 	Notwithstanding any other provisions herein, the effect of this
Article shall not be affected by the suspension or termination of this
Agreement.

 

 

 

Article 10 Miscellaneous

	10.1	 	This Agreement is executed in Chinese in three (3) originals, with
one (1) original to be retained by each Party hereto.

	10.2	 	The formation, effectiveness, performance, amendment, interpretation
and termination of this Agreement shall be governed by the PRC Law.

	10.3	 	Any disputes arising out of and in connection with this Agreement
shall be resolved through consultations among the Parties. If the
Parties cannot reach an agreement regarding such disputes within
thirty (30) days of their occurrence, such disputes shall be
submitted to China International Economic and Trade Arbitration
Commission, Shanghai Branch, for arbitration in Shanghai in
accordance with the arbitration rules of such Commission, and the
arbitration award shall be final and binding on the Parties.

	10.4	 	None of the rights, powers and remedies granted to any Party by any
provisions herein shall preclude any other rights, powers and
remedies available to such Party at law and under the other
provisions of this Agreement, nor shall the exercise by a Party of
its rights, powers and remedies preclude any exercise by such Party
of its other rights, powers and remedies.

	10.5	 	No failure or delay by a Party in exercising any of its rights,
powers and remedies hereunder or in accordance with laws (hereinafter
the “Party’s Rights”) shall result in a waiver thereof, nor shall the
waiver of any single or partial exercise of the Party’s Rights
preclude such Party from exercising such rights in any other way and
exercising the other Party’s Rights.

	10.6	 	The headings of the provisions herein are for reference only, and in
no circumstances shall such headings be used for or affect the
interpretation of the provisions hereof.

	10.7	 	Each provision contained herein shall be severable and independent
from each of other provisions, and if at any time any one or more
provisions herein become(s) invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions
herein shall not be affected as a result thereof.

	10.8	 	This Agreement, once executed, shall supersede any other previous
legal documents executed by the Parties with respect to the subject
matter hereof. Any amendments or supplements to this Agreement shall
be made in writing and shall become effective only when duly signed
by the Parties to this Agreement.

 

 

 

	10.9	 	Without the prior written consent of The9 Computer, neither the
Existing Shareholders nor the Company shall transfer any of their/its
rights and/or obligations hereunder to any third parties. The9
Computer shall be entitled to transfer any of its rights and/or
obligations hereunder to any third party designated by it after
serving notice to the Existing Shareholders. The Existing
Shareholders and the Company hereby agree that The9 Computer shall be
entitled to transfer any of its rights and/or obligations hereunder
to any third party after serving written notice to the Existing
Shareholders.

	10.10	 	This Agreement shall be binding on the legal successors of the Parties.

[The remainder of this page intentionally left blank]

 

 

 

IN WITNESS HEREOF, the Parties have caused this Exclusive Call Option Agreement to be executed as
of the date and in the place first above written.

	 	 	 	 	 
	Han Junping	 	 
	 
	 	 	 	 
	Signature:

	 	/s/ Han Junping
 

	 	 
	 
	 	 	 	 
	Xiong Wei	 	 
	 
	 	 	 	 
	Signature:

	 	/s/ Xiong Wei
 

	 	 

The9
Computer Technology Consulting (Shanghai) Co., Ltd. [Chop
affixed]

(Company chop)

 

 

 

Appendix I

Basic Information of Huopu Cloud

	 	 	 
	Company Name

	 	Shanghai Huopu Cloud Computing Terminal Technology Co., Ltd.
	Registered Address

	 	Room 1F02, Block 14, No. 528, Yanggao North Road, New
Pudong District, Shanghai
	Registered Capital

	 	RMB50 million
	Legal Representative

	 	Junping Han

	 	 	 	 	 	 	 	 
	Capital Structure	 	Shareholder’s name	 	Contribution (RMB)	 	Capital Share
	 

	 	Junping Han
	 	30 million
	 	60	%
	 

	 	Wei Xiong
	 	20 million
	 	40	%
	 

	 	Total
	 	50 million
	 	100	%
	 
	 	 	 	 	 	 
	Financial Year	 	January 1 to December 31	 	 

 

 

 

Appendix II

Form of the Option Exercise Notice

To: [Name of the Existing Shareholder(s)]:

WHEREAS this Company and you signed an Equity Transfer Option Agreement as of December 13, 2010
(“Option Agreement”), and agreed that you shall transfer the equity you hold in Shanghai Huopu
Cloud Computing Terminal Technology Co., Ltd. (hereinafter “Huopu”) to this Company or any third
parties designated by this Company on demand of this Company to the extent as permitted by the PRC
Law and regulations,

This Company hereby give this Notice to you as follows:

This Company hereby requires to exercise the Transfer Option under the Option Agreement and [this
Company]/[name of company/individual] designated by this Company shall accept the equity you hold
accounting for [                    ]% of the Huopu’s Registered Capital (hereinafter the “Proposed Equity to
be Transferred”). You are required to forthwith transfer all the Proposed Equity to be Transferred
to [this Company]/[name of designated company/individual] upon receipt of this Notice in accordance
with the agreed terms in the Option Agreement.

The9 Computer Technology Consulting (Shanghai) Co., Ltd.

(Company Chop)

Authorized Representative:                     

Date:

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