Document:

Shareholder's Loan Agreement

 EXHIBIT 4.133 
 DATED 20 December 2006 
 TOM ONLINE INC. 
 as Lender 
 - and - 

EBAY PRC HOLDINGS (BVI) INC. 
 as
Borrower 
  

 Shareholder’s Loan Agreement 
 in respect of 
 US$20,000,000 Loan Facility 
  

 TABLE OF CONTENTS 
  

					
	CLAUSE	  	PAGE
			
	 1.
	  	DEFINED TERMS	  	1
			
	 2.
	  	LOAN	  	3
			
	 3.
	  	BORROWING PROCEDURES	  	3
			
	 4.
	  	INTEREST	  	4
			
	 5.
	  	REPAYMENT	  	4
			
	 6.
	  	EFFECTIVENESS	  	5
			
	 7.
	  	EVIDENCE OF LOAN	  	5
			
	 8.
	  	ABSOLUTE OBLIGATION	  	5
			
	 9.
	  	PREPAYMENT	  	5
			
	 10.
	  	TAXES	  	5
			
	 11.
	  	EXPENSES	  	6
			
	 12.
	  	REPRESENTATIONS AND WARRANTIES	  	6
			
	 13.
	  	CONDITIONS OF LENDING	  	7
			
	 14.
	  	AFFIRMATIVE COVENANTS	  	7
			
	 15.
	  	EVENTS OF DEFAULT	  	7
			
	 16.
	  	MISCELLANEOUS	  	9

  

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 THIS SHAREHOLDER’S LOAN AGREEMENT dated 20 December 2006 (the “Loan Agreement”), is
made by and between:- 
  

	A.	TOM ONLINE INC., a company organized and existing under the laws of Cayman Islands, having its registered address at P.O. Box 309GT, Ugland House, South Church Street, George
Town, Grand Cayman, Cayman Islands, British West Indies (the “Lender”); and 

  

	B.	EBAY PRC HOLDINGS (BVI) INC., a company organized under the laws of the British Virgin Islands, having its registered address at Kingston Chambers Sea Meadow Hose, PO Box
173, Road Town, Tortola, British Virgin Islands (the “Borrower”). 

 WHEREAS: 
  

	I.	The Borrower desires to borrow up to an aggregate principal amount of US$20,000,000 from the Lender for financing its general working capital in accordance with the terms and
conditions of this Loan Agreement. 

  

	II.	The Lender, which is holding 51% of the total issued share capital of the Borrower, is willing to make available the loan to the Borrower in accordance with the terms and conditions
of this Loan Agreement. 

 IT IS AGREED as follows: 
  

	1.	DEFINED TERMS. 

 As used in this Loan Agreement, the
following terms shall have the following meanings: 
  

			
	 “Board”
	  	has the meaning ascribed to such term in the JV Deed.
		
	“Business Day”	  	means any day other than Saturday, Sunday or a day on which banks in New York City (United States of America), London (England) and Hong Kong (PRC) are authorized or required by law to remain
closed and excluding any day on which banks are not open for dealings in United States Dollar deposits in the London, England interbank market.
		
	“Business Plan”	  	has the meaning ascribed to such term in the JV Deed, and is approved by the Board in accordance with Clause 7.1.1 of the JV Deed.
		
	“Debt”	  	means, in relation to the Borrower, the aggregate of (a) all obligations for money borrowed or raised, all obligations (other than accounts payable and other similar items arising in the
ordinary course of business) for the deferred payment of the purchase price of property, and all capital lease obligations, which, in each case, would be included in determining total liabilities as shown on the liability side

  

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	 	  	of the balance sheet of the Borrower, and (b) all obligations under guarantees and letters of credit
(excluding endorsements for collection or deposit in the ordinary course of
business).
		
	“Dollars” or “US$”	  	means lawful money of the United States of America.
		
	 “eBay Additional
 Shareholder’s
 Loan”
	  	means the Loan as defined in the shareholder’s loan agreement to be entered into between eBay International AG and the Borrower in respect of a US$5,000,000 loan facility pursuant to the
terms of the JV Deed.
		
	“Effective Date”	  	means the date on which this Loan Agreement is executed by the Lender and the Borrower.
		
	 “Event of
 Default”
	  	has the meaning ascribed to such term in Clause 15 of this Loan Agreement.
		
	 “Facility
 Amount”
	  	has the meaning ascribed to such term in Clause 2.1 of this Loan Agreement.
		
	“Hong Kong”	  	means Hong Kong Special Administrative Region of the Peoples’ Republic of China.
		
	“JV Deed”	  	means the joint venture deed dated as of the date hereof and entered into among the Lender, eBay International AG, the Borrower and eBay Inc..
		
	“LIBOR”	  	means, in relation to any relevant period and any relevant sum, the British Bankers’ Association Interest Settlement Rate for Dollars for the relevant period displayed on the appropriate
page of the Reuters screen as of 11:00am (London time) on the Quotation Day for the offering of deposits in the currency of the Loan and for a period comparable to the relevant period.
		
	“Loan”	  	has the meaning ascribed to such term in Clause 2.1 of this Loan Agreement.
		
	“London”	  	means London, England.
		
	 “Management
 Accounts”
	  	means a consolidated balance sheet of the Company and a consolidated statement of income and cash flows of the Company, each prepared in accordance with US GAAP.
		
	“Maturity Date”	  	means the date on which the Borrower has repaid the final principal balance, together with all accrued interest and all other sums owing under this Loan Agreement, pursuant to Clause 5.1 of this
Loan Agreement and Clause 15.2 of the JV Deed.

  

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	“Net Cash”	  	means all items classified as cash in accordance with US GAAP, including, but not limited to cash and cash equivalents, short term bank deposits, debt securities pledged for bank loans and
restricted cash less all items classified as debt in accordance with US GAAP, including, but not limited to loans from banks, lines of credit, shareholder and other related party loans, consideration payables and liabilities related to restricted
cash.
		
	“PRC”	  	has the meaning ascribed to such term in the JV Deed.
		
	“Quotation Day”	  	means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.
		
	“Tax”	  	has the meaning ascribed to such term in Clause 10.1 of this Loan Agreement.
		
	“Tom Online Additional Shareholder’s Loan”	  	means the Loan as defined in the shareholder’s loan agreement to be entered into between the Lender and the Borrower in respect of a US$5,000,000 loan facility pursuant to the terms of the
JV Deed.

  

	2.	LOAN. 

  

	2.1	At the request of the Borrower and subject to Clause 2.2, the Lender has established, as of the date hereof, a loan facility (the “Loan”) in favour of the Borrower
in accordance with the terms and conditions of this Loan Agreement with a principal amount at any one time outstanding up to Twenty Million Dollars (US$20,000,000) (the “Facility Amount”). 

  

	2.2	The Lender undertakes that the Loan shall, without any further action by any party or any condition being satisfied other than those set out in Clause 3.1, be made available to the
Borrower when the remaining cash balance of the Borrower is only enough to finance no more than six (6) months of its operation, based on the most recent Business Plan and as ascertained by the monthly Management Accounts, which shall be
conclusive evidence of such condition and in relation to the obligation of the Lender under this Clause 2.2. 

  

	3.	BORROWING PROCEDURES. 

  

	3.1	The Borrower may draw down the Loan in one lump sum or in instalments, in such amounts and with such tenor as specified by the Borrower, upon at least seven (7) Business
Days’ prior written notice to the Lender; provided, however, that 

  

	 	(a)	the aggregate principal amount drawn under this Loan Agreement shall not exceed the Facility Amount; and 

  

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	 	(b)	if the Borrower elects to draw down an amount less than the Facility Amount, the amount that it is drawn down shall be equal to or more than the amount of the Borrower’s cash
requirements necessary for the Borrower’s operations for the next six (6) months from the date of drawdown, as set out in the most recent budget contained in the most recent Business Plan; and 

  

	 	(c)	amounts repaid or prepaid may not be reborrowed by the Borrower. 

  

	4.	INTEREST. 

  

	4.1	The unpaid principal amount of the Loan shall bear interest from the date of drawdown at a rate per annum equal to the applicable LIBOR as at the date of drawdown, plus
1.30% per annum. 

  

	4.2	Interest shall be computed on the basis of the actual number of days elapsed over a year of 360 days. 

  

	4.3	Interest shall be payable in Dollars on March 31, June 30, September 30 and December 31. 

  

	5.	REPAYMENT. 

  

	5.1	The Borrower’s obligation to repay in Dollars the outstanding principal of the Loan, together with accrued interest and all other sums owing under this Loan Agreement shall
arise only after the events described in Clause 15.2(a) and (b) of the JV Deed have occurred and thereafter, irrespective of whether or not the event described in Clause 15.2(a) is continuing. The Borrower shall repay an amount (the
“Relevant Amount”) of the outstanding Loan principal equal to the amount of its cash balance as determined by the Management Accounts of the immediately preceding month that is in excess of (a) the cash requirements of the
Borrower necessary for the operations of the Borrower for the following twelve (12) months (as determined by the most recent budget contained in the most recent Business Plan); and (b) there is an additional Net Cash balance (as determined
by the Management Accounts of the immediately preceding month) exceeding US$5,000,000, and such repayment of the Relevant Amount, together with all accrued interest and other sums owing under this Loan Agreement, shall be made in Dollars upon the
earliest of March 31, June 30, September 30 and December 31 immediately after the Borrower’s obligation to repay under this Clause 5.1 arises. 

  

	5.2	Without prejudice to any other provisions in this Loan Agreement and for the avoidance of doubt, the Lender and the Borrower hereby agree that in cases of the occurrence of an Event
of Default under Clause 15, neither the Lender nor eBay International AG shall be required to provide any additional funding to the Borrower for the repayment of the Loan. 

  

	5.3	The Borrower agrees and confirms with the Lender that the Tom Online Additional Shareholder’s Loan and the eBay Additional Shareholder’s Loan are subordinated to the Loan
unless and until the Borrower is liquidated or wound-up, in which case the priority of payment, as far as the Loan, the Tom Online Additional Shareholder’s Loan and the eBay Additional Shareholder’s Loan are concerned, shall be in
accordance with Clause 15.1 of the JV Deed. 

  

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	6.	EFFECTIVENESS. 

 This Loan Agreement shall become
effective on the Effective Date. 
  

	7.	EVIDENCE OF LOAN. 

 The Lender’s records with
respect to any and all sums borrowed, prepaid and repaid, accrued interest and other amounts due or to become due hereunder shall be prima facie evidence of the amounts outstanding, except for manifest errors. 
  

	8.	ABSOLUTE OBLIGATION. 

 The Borrower hereby
unconditionally promises to pay to the Lender, in Dollars in immediately available funds, all principal, interest and other amounts owing under this Loan Agreement when such amounts are due and payable hereunder, without counterclaim, deduction,
setoff or other reduction for any reason. 
  

	9.	PREPAYMENT. 

  

	9.1	The Borrower shall have the right at any time and from time to time to prepay, in whole or in part, upon at least ten (10) Business Day’s prior written notice to the
Lender, the outstanding principal balance of the Loan. 

  

	9.2	All prepayments shall be without premium or penalty. 

  

	9.3	Any prepayment shall be at the principal amount specified by the Borrower in its written notice. 

  

	9.4	All prepayments shall be accompanied by accrued interest on the principal amount being prepaid to the date of payment. 

  

	10.	TAXES. 

  

	10.1	Any and all payments made to the Lender pursuant to this Loan Agreement shall be made free and clear of, and without deductions or withholdings for, or on account of, any present or
future taxes, duties, levies, imposts, charges, compulsory loans, assessments, or other deductions or withholdings whatsoever, and all liabilities with respect thereto, imposed at any time by any authority having power to tax in any jurisdiction
worldwide (such deductions or withholdings being hereinafter referred to as “Taxes”), unless the deduction or withholding of such Taxes is required by any applicable law, in which case the Borrower shall be entitled to deduct or
withhold such Taxes from the payments payable to the Lender and the Borrower shall not be required to gross-up such amount deducted or withheld. 

  

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	10.2	The Borrower shall pay (or if appropriate, reimburse the Lender for) any stamp, documentary or similar taxes or any other excise, intangible or property taxes, charges or similar
levies (and any interest or penalty relating thereto) imposed at any time which arise from, or otherwise with respect to, any payment made hereunder or from execution, delivery or registration of this instrument. 

  

	11.	EXPENSES. 

 Without prejudice to Clause 10, the
Borrower shall pay all transfer, stamp, documentary or other similar Taxes, assessments or charges levied by any governmental or revenue authority in respect of this Loan Agreement and any other document referred to herein or therein and all costs,
expenses, Taxes, assessments and other charges incurred in connection with any filing, registration, recording or perfection of this Loan Agreement or any document referred to herein. 
  

	12.	REPRESENTATIONS AND WARRANTIES. 

 The Borrower
hereby represents and warrants (and each representation and warranty is deemed repeated at the date of each drawdown) that: 
  

	 	(a)	Organization. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the British Virgin Islands and is duly qualified to do
business and is in good standing in such jurisdictions where such qualification is necessary. 

  

	 	(b)	Enforceability. This Loan Agreement has been duly executed and delivered by the Borrower and constitutes the legal, valid and binding obligation of the Borrower enforceable
in accordance with its terms, except as limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditors’ rights or by general principles of equity limiting the availability of equitable
remedies. 

  

	 	(c)	No Conflict. Neither the execution or delivery of this Loan Agreement by the Borrower, the consummation by the Borrower of the Loan, nor compliance by the Borrower with the
terms and provisions hereof will (i) violate any law, constitution, statute, treaty, regulation, rule, ordinance, order, injunction, writ, decree or award of any court or governmental authority to which the Borrower is subject,
(ii) conflict with or result in a breach or default under the Borrower’s organizational documents, (iii) conflict with or result in a breach or default which is material in the context of this Loan Agreement under any agreement or
instrument to which the Borrower is a party or by which it or any of its properties, whether now owned or hereafter acquired, is subject or bound, or (iv) result in the creation or imposition of any lien, charge, or encumbrance of any nature
upon any property or assets, whether now owned or hereafter acquired, of the Borrower. 

  

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	 	(d)	Litigation. There is no action or proceeding pending or, to the knowledge of the Borrower, threatened, against the Borrower, before any court or administrative agency which
is likely to result in any material adverse change in the business or financial condition of the Borrower. 

  

	 	(e)	Purpose of the Loan. The purpose of the Loan shall be to finance the general working capital of the Borrower. 

  

	13.	CONDITIONS OF LENDING. 

 The obligation of the
Lender to make the Loan hereunder is subject to the accuracy, as of the date hereof and as of the date of each drawdown, of the representations and warranties contained herein, the performance by the Borrower of its obligations to be performed
hereunder on or before each such date, and the Lender continuing to be a party to the JV Deed. 
  

	14.	AFFIRMATIVE COVENANTS. 

 The Borrower covenants and
agrees with the Lender that, so long as this Loan Agreement shall remain in effect or the principal of or interest on the Loan or any other amount payable in connection herewith shall be unpaid, unless the Lender otherwise consents in writing, the
Borrower shall: 
  

	 	(a)	provide to the Lender within seven (7) Business Days of the end of each calendar month with monthly Management Accounts for such month and within fourteen (14) Business
Days of the end of each calendar quarter with a report on product development, sales, marketing, finance and such other areas as the shareholders of the Borrower may reasonably require, prepared by the Borrower’s management;

  

	 	(b)	furnish the Lender prompt written notice upon its becoming aware of the filing or commencement of, or any threat or notice of intention of any person to file or commence, any
action, suit or proceeding, whether at law or in equity or by or before any governmental authority, against it which would reasonably be expected to result in a material adverse effect on the business, assets, operations or financial condition of
the Borrower or in a material impairment of the ability of the Borrower to perform any of its obligations under this Loan Agreement; and 

  

	 	(c)	it will not declare any dividend as long as any sum is outstanding under this Loan Agreement or either of the loan agreements entered or to be entered into between the Borrower and
each of eBay International AG and the Lender, respectively, in respect of a loan facility of US$5,000,000. 

  

	15.	EVENTS OF DEFAULT. 

 In case of the occurrence of
any of the following events (each, an “Event of Default”): 
  

	 	(a)	the Borrower defaults in the payment when due of any principal of or interest on the Loan, whether at maturity, by acceleration or otherwise; 

  

 7 

	 	(b)	any representation or warranty made or deemed made by the Borrower hereunder is false or misleading in any material respect as of the time made or deemed made or furnished, which is
not remedied within thirty (30) days after the Lender has notified the Borrower in writing of the same; 

  

	 	(c)	the Borrower defaults in the performance or observance of any other covenant or agreement under this Loan Agreement and such default continues for a period of thirty (30) days
after written notice from the Lender; 

  

	 	(d)	the Borrower passes a resolution to dissolve, wind-up or liquidate itself; 

  

	 	(e)	any case, proceeding or other action against the Borrower is commenced seeking an order for relief against it as debtor or to adjudicate it a bankrupt or insolvent, or seeking
reorganization, arrangement, adjustment, liquidation, dissolution or composition of it or its Debts under any law relating to bankruptcy, insolvency, reorganization or relief of debtors, or seeking appointment of a receiver, trustee, custodian or
other similar official for it or for all or any substantial part of its property, and such case, proceeding or other action (i) results in the entry of an order for relief against it that is not fully stayed within thirty (30) Business
Days after the entry thereof or (ii) remains in effect for a period of thirty (30) consecutive days; or 

  

	 	(f)	the Borrower generally fails to pay its Debts as they become due or admits in writing its inability to pay its Debts, or makes a general assignment for the benefit of creditors; or
the Borrower commences any case, proceeding or other action seeking an order for relief on its behalf as debtor or adjudicating it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition
of it or its Debts under any law relating to bankruptcy, insolvency, reorganization or relief of debtors or seeking appointment of a receiver, trustee, custodian or other similar official for it or for all or any substantial part of its property; or
the Borrower takes any corporate action to authorize or in contemplation of any of the actions set forth above in this paragraph (f), 

 then, and in every such event, the Lender shall in addition to all other rights and remedies available to it be entitled by written (including facsimile) notice to the Borrower to terminate this Loan Agreement and to declare any principal
of and all interest accrued on the Loan and all other liabilities accrued hereunder to be forthwith due and payable, and the same shall thereupon become immediately due and payable without presentment, demand, protest or further notice of any kind,
all of which are hereby expressly waived by the Borrower, anything contained herein to the contrary notwithstanding. 
  

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	16.	MISCELLANEOUS. 

  

	16.1	No failure of either party to exercise, and no delay in exercising, any right or remedy in respect of any provision of this Loan Agreement shall operate as a waiver of such right or
remedy. 

  

	16.2	Notice: 

  

	 	(a)	All notices or communications required to be given under this Loan Agreement shall be in writing and shall be served personally, sent by facsimile (with transmission confirmation as
evidenced by a completed transmission report generated by the sender’s facsimile machine) or delivered by overnight or international courier service to the addresses set forth below: 

  

			
	If to the Borrower:
		
	Address:	  	Tom Group Agents (UK) Limited
		  	Hutchison House, 5 Hester Road, Battersea, London
		  	SW114AN, United Kingdom
	Attention:	  	Company Secretary
	Facsimile No.:
		
	With a copy to:	  	eBay Inc.
		
	Address:	  	2145 Hamilton Avenue
		  	San Jose, California, 95125
		  	United States of America
	Attention:	  	John Donahoe
	Facsimile No.:	  	408 376 7514
	
	If to the Lender:
		
	Address:	  	Tom Group Agents (UK) Limited
		  	Hutchison House, 5 Hester Road, Battersea, London
		  	SW114AN, United Kingdom
	Attention:	  	Company Secretary
	Facsimile No.:
		
	With a copy to:	  	Tom Online Inc.
		
	Address:	  	48th Floor, The Center, 99 Queen’s Road Central, Hong
		  	Kong.
	Attention:	  	Angela Mak
	Facsimile No.:

 or otherwise addressed with respect to either party hereto as such party may designate in writing
to the other pursuant to this Clause 16.2. 
  

 9 

	 	(b)	Each such notice shall be effective (i) if delivered by overnight or international courier, when delivered to the recipient’s address provided above, (ii) if sent by
facsimile, when received by the recipient at its address provided above, or (iii) if delivered in person by hand, upon the delivery to the intended recipient. 

  

	16.3	If any payment (including principal of or interest on the Loan) hereunder becomes due, or otherwise would occur, on a day that is not a Business Day at the location where such
payment is to be made, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest, if applicable. 

  

	16.4	All payments by the Borrower to the Lender under this Loan Agreement shall be made in Dollars on the respective due dates by transfer to the account of the Lender as the Lender
shall designate to the Borrower. 

  

	16.5	Applicable Law and Jurisdiction: 

  

	 	(a)	This Loan Agreement shall be governed by, and construed in accordance with, laws of England and Wales. 

  

	 	(b)	In the event that any dispute under this Agreement cannot be resolved between the Borrower and the Lender amicably within thirty (30) days of the date on which the relevant
dispute was referred to them, such dispute shall then be settled by final and binding arbitration in London, England conducted pursuant to the LCIA Rules then in effect, which rules are deemed to be incorporated by reference to this Clause. The
arbitration shall be conducted by a panel of three (3) arbitrators, one (1) to be appointed by each of the parties and the third to be appointed by the LCIA in accordance with the LCIA Rules. The language of the arbitration shall be
English. 

  

	16.6	This Loan Agreement is binding upon the parties hereto and their respective successors and assigns; provided, however, that the Borrower may not assign or transfer its rights or
obligations hereunder without the Lender’s prior written consent. 

  

	16.7	The headings of the sections of this Loan Agreement are for convenience only and shall not control or affect the meaning or construction of any provision of this Loan Agreement.

  

	16.8	If any provision or part of a provision of this Loan Agreement or its application to either party, shall be, or be found by any authority of competent jurisdiction to be, invalid or
unenforceable, such invalidity or unenforceability shall not affect the other provisions or parts of such provisions of this Loan Agreement, all of which shall remain in full force and effect. 

  

	16.9	This Loan Agreement may be entered into on separate engrossments, each of which when so executed and delivered shall be an original but each engrossment shall together constitute
one and the same instrument and shall take effect from the time of 

  

 10 

	 	 
execution of the last engrossment. Immediate evidence that an engrossment has been executed may be provided by transmission of such engrossment by facsimile
machine with the original executed engrossment to be forthwith put in the mail. 

  

	16.10	A person who is not a party to this Loan Agreement has no right under the Contracts (Rights of Third Parties) Act 1999 of the United Kingdom to enforce any term of this Loan
Agreement but this does not affect any right or remedy of a third party which exists or is available apart from that Act. 

 IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have caused this Loan Agreement to be executed by their duly authorized representatives as of the date first above written. 
  

			
	TOM ONLINE INC.
	as Lender
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 EBAY PRC HOLDINGS (BVI) INC.
 as
Borrower

		
	By:	 	  

	Name:	 	
	Title:	 	

  

 11Loan Agreement

 EXHIBIT 4.134 
 Loan Agreement 
 between 
 TOM EACHNET HOLDINGS (BVI) INC. 
 and 
 Wei Hong Jun 

 LOAN AGREEMENT 
 The Loan Agreement (hereinafter referred to as the “Agreement”) is entered into as of Feb 1, 2007 by and between: 
  

	(1)	TOM EACHNET HOLDINGS (BVI) INC. (hereinafter referred to as the “Lender”) , is a limited liability Company registered in P.O. Box 173, Kingston Chambers, Road Town,
Tortola, British Virgin Islands; and 

  

	(2)	Wei Hong Jun (hereinafter referred to as the “Borrower”), whose Identity Card No. is 452701197505200510 with his residence address at No. 32, Hechi Street, Hechi
Town, Hechi City, Guangxi Province 

 The Lender and the Borrower are hereinafter individually referred to as a “Party” and
collectively the “Parties”. 
 WHEREAS, 
 The
Borrower holds 50% of the equity interest in Beijing Yi Lian Tong He Information Technology Co., Ltd (hereinafter referred as the “Borrower Company”), a limited liability company registered in the People’s Republic of China
(hereinafter referred to as the “PRC”). 
 The Parties, through friendly negotiation, agree that: 
  

	1.	Facility 

  

	1.1	The Lender agrees to provide the Borrower a long term loan of RMB 50,000, (hereinafter referred to as the “Facility”) in accordance with the conditions and provisions of
this Agreement. The term of this Facility will be 10 years and shall be extended upon the agreement of the Parties. If any of the following events occurs, maturity of the Facility will be accelerated before expiry of the Loan Agreement or any
extended term hereunder: 

  

	 	(1)	The Borrower dies or becomes a person with no or limited capacity of civil conduct; 

  

	 	(2)	The Borrower is leaves its office in or is dismissed by the Lender or its affiliates; 

  

 1 

	 	(3)	The Borrower commits crime or is involved in crime; 

  

	 	(4)	Any third party claims against the Borrower for a debt with the amount exceeding RMB500,000; and 

  

	 	(5)	Subject to the laws of the People’s Republic of China (hereinafter referred to as the “PRC”), foreign investors are allowed to invest in value-added telecommunication
business and the relevant authority has commenced to examine and approve such investment. 

  

	1.2	The Lender agrees that, if all conditions precedent in Article 2 are satisfied, the Lender shall remit this Facility in one-off payment to the account appointed by the Borrower
within 7 days after receiving a written notice to use this Facility from the Borrower. Simultaneously, the Borrower shall provide the Lender with a receipt letter for confirmation. The commitments made by the Lender under this clause shall be
applied to the Borrower and the Third Party Designated by the Lender other than its assignee or successor. 

  

	1.3	The Borrower agrees to accept this Facility, and hereby acknowledges and warrants that, this Facility shall be used for the purpose of providing funds for the Borrower
Company’s business development only and not to use the Facility for any other purposes or transfer or pledge its equity interest or any other interest in the Borrower Company hereunder to any other third party without obtaining the prior
written consent from the Lender. 

  

	1.4	The Lender and the Borrower hereby jointly acknowledge and confirm that the Borrower shall repay the Facility only in the following way: the Borrower shall transfer all Borrower
Equity in the Borrower Company to the Lender or any third party (legal person or natural person) designated by the Lender. 

  

	1.5	The Lender and the Borrower hereby jointly acknowledge and confirm that, any proceeds obtained by the Borrower from the Borrower Equity transfer shall be used to repay the Facility
by the Borrower in the way agreed by the Lender in accordance with this Agreement and this Agreement shall be terminated at the same time. 

  

	1.6	The Lender and the Borrower hereby jointly acknowledge and confirm that, subject to the applicable laws’ permission, the Lender is entitled without obligation to purchase in
person or appoint a third party (legal person or natural person) to purchase part or all of the Borrower Equity in the Borrower Company at the price agreed by the Parties at any time. 

  

 2 

 The Borrower warrants that it shall execute an irrevocable Power of Attorney to authorize a person
designated by the Lender to exercise all the shareholder rights in the Borrower Company on its behalf. 
  

	1.7	The interest of the Facility 

 When the Borrower transfers
its equity interest in the Borrower Company to the Lender or to the person appointed by the Lender, if the transfer price is equal to or lower than the principal of the Facility under this Agreement, the Facility shall be deemed as a loan without
interest. However, if the transfer price is higher than the principal of the loan under this Agreement, the part exceeding the principal shall be deemed as the interest of the Facility under this Agreement and shall be repaid by the Borrower to the
Lender. 
  

	2.	Conditions Precedent 

 The Lender has the obligation to offer the
Borrower the Loan according to the Article 1.1 after all the following conditions are satisfied or waived in written by the Lender: 
  

	2.1	The Lender has duly received the drawing notice formally executed by the Borrower pursuant to the Article 1.2 hereof; 

  

	2.2	The Borrower and Ebay Each Internet Information Service (Shanghai ) Co. Ltd. entered into a share pledge agreement (hereinafter referred to as the “Share Pledge
Agreement”), in which the Borrower agreed to pledge all the Borrower’s Equity to Ebay Each Internet Information Service (Shanghai ) Co. Ltd.. 

  

	2.3	The Borrower, the Lender and the Borrower Company entered into an exclusive option agreement (hereinafter referred to as the “Exclusive Option Agreement”), in which the
Borrower shall irrevocably grant the Lender an exclusive option to purchase all the Borrower’s Equity subject to the PRC laws’ permission. 

  

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	2.4	The Share Pledge Agreement and the Exclusive Option Agreement are valid and effective without any default events thereunder, and all relevant formalities of filing, approval,
authorization, registration and governmental permits have been acquired and obtained (if necessary). 

  

	2.5	The Borrower’s representations and warranties of the Article 3.2 are authentic, complete, true and not misleading, and are the same as if made on the date of the withdrawal
notice and the withdrawal day. 

  

	2.6	The Borrower didn’t violate any commitments provided in Article 4 hereof, and no events that may affect the Borrower’s performance of this Agreement occurred or will
occur. 

  

	3.	Representations and Warranties 

  

	3.1	During the term of this Agreement, the Lender makes the following representations and warranties to the Borrower: 

  

	 	(a)	The Lender is a company duly incorporated and effectively existing under terms and conditions stipulated in laws and regulations of British Virgin Islands. 

 

	 	(b)	The Lender is entitled to execute and perform the Agreement. The execution and performance of this Agreement is in compliance with the Lender’s business scope, the
Lender’s Articles of Association and other constitutional documents. The Lender has obtained all necessary and proper approvals and authorizations to execute and perform this Agreement. 

  

	 	(c)	The Lender’s execution and performance of this Agreement did not violate any laws, regulations, or government approvals, authorizations, circular or any other government
documents, or any agreement between the Lender and any third party, or any warranties, undertakings to any third party; and 

  

	 	(d)	This Agreement shall constitute effective and enforceable obligations of the Lender upon execution. 

  

	3.2	During the term of this Agreement, the Borrower makes the representations and warranties as follows: 

  

	 	(a)	The Borrower Company is a limited liability company duly incorporated and effectively existing under the laws of PRC and the Borrower is a legal shareholder of the Borrower Company.

  

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	 	(b)	The Borrower is entitled to execute and perform the agreement. The execution and performance of this Agreement is in compliance with the Borrower’s business scope, the
Borrower’s Articles of Association and other constitutional documents. The Borrower has obtained all necessary and proper approvals and authorizations to execute or perform this Agreement. 

  

	 	(c)	The Borrower’s execution and performance of this Agreement did not violate any laws, regulations, or government approvals, authorizations, circular or any other government
documents, or any agreement between the Borrower and any third party, or any warranties, undertakings to any third party. 

  

	 	(d)	This Agreement shall constitute effective and enforceable obligations of the Borrower upon execution. 

  

	 	(e)	The Borrower has fulfilled its capital contribution in connection with the Borrower Equity and has obtained a capital verification report issued by a qualified accountant office
regarding the fulfillment of the capital contribution to the Borrower Company. 

  

	 	(f)	Except as otherwise provided under Share Pledge Agreement, the Borrower didn’t make any mortgage, pledge or any other security on the Borrower’s Equity, or offer any third
party the transfer of the Borrower’s Equity, or accept any offer to purchase Borrower’s Equity from any third party, or reach any agreement with any third party to transfer Borrower’s Equity. 

  

	 	(g)	There is no dispute, litigation, arbitration, administrative proceedings or any other legal proceedings related to the Borrower and /or the Borrower’s Equity, whether occurred
or stay potential. 

  

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	 	(h)	The Borrower Company has obtained and acquired all government approvals, authorizations, licenses, registrations and filings in connection with its assets and operation within its
business scope. 

  

	4.	Covenants and Undertakings of Borrower 

  

	4.1	The Borrower, as one of the major shareholders of the Borrower Company, hereby undertake to procure with all efforts the Borrower Company to observe the following terms during the
term of this Agreement: 

  

	 	(a)	It shall not supplement, amend or modify in any way its Article of Association, or increase or decrease its registered capital, or reform in any way the shareholding structure
without the prior written consent of the Lender; 

  

	 	(b)	It shall maintain the company’s effective existing and deal with and operate its business duly and diligently in accordance with the good financial and commercial codes and
practices; 

  

	 	(c)	It shall not sell, assign, transfer, pledge or dispose in any way any legitimate rights or benefit interests in connection with its asset, business or income, or create any other
security interest over the same without the prior written consent of the Lender after execution of this Agreement; 

  

	 	(d)	It shall not conduct, inherit, guarantee or bear any debt without the prior written consent of the Lender, except that (i) the debts are incurred in the normal or daily
business other than through a loan; (ii) the debts have been disclosed to the Lender or a with a written consent of the Lender; 

  

	 	(e)	It shall operate all of its businesses in the ordinary course of business to maintain its asset value; 

  

	 	(f)	It shall not enter into any material agreements or contracts without the prior written consent of the Lender, except those entered into in the ordinary course of business (for the
purpose of this paragraph, any Agreement with a value exceeding RMB100,000 shall be deemed as a material Agreement); 

  

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	 	(g)	It shall not provide any loan or credit for any party without the prior written consent of the Lender; 

  

	 	(h)	It shall provide the Lender with the information in connection with its finance or business as required; 

  

	 	(i)	It shall purchase and hold insurance policies from the insurance company accepted by the Lender. The insured amount and category shall be equal to or in the same level as those of
the companies with the similar business, assets and properties in the same district; 

  

	 	(j)	It shall not acquire, invest in, merge or consolidate with any party without the prior written consent of the Lender; 

  

	 	(k)	It shall notify the Lender immediately when any legal action, arbitration or administrative proceedings relating to its assets, operations and incomes occurs or is likely to occur;

  

	 	(l)	For the purpose of maintaining property rights to all of its assets, it shall execute all necessary or proper documents, take all necessary or proper actions, bring forward all
necessary or proper claims, and conduct all necessary or proper defenses against any third party’s claim; 

  

	 	(m)	It shall not distribute in any way any bonus or dividends to its shareholders without the prior written consent of the Lender, however, it shall immediately allot all distributable
profits to its shareholders on the request of the Lender; 

  

	 	(n)	It shall appoint any person designated by the Lender as the director of the Borrower Company on the request of the Lender; and 

  

	 	(o)	It shall strictly observe the provisions under the Exclusive Option Agreement without conducting any action or non-action that will materially affect the validity and enforceability
of the Exclusive Option Agreement. 

  

	4.2	The Borrower further undertakes during the term of this Agreement as follows: 

  

	 	(a)	Except as otherwise provided in the Share Pledge Agreement, it shall not sell, assign, transfer, mortgage or dispose in any way any legitimate rights or benefit interests in
connection with the Borrower’s Equity, or create any other security interest over the same, without the prior written consent of the Lender; 

  

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	 	(b)	It shall procure that the shareholders’ meeting, without the prior written consent of the Lender, shall not approve any sale, assignment, transfer, mortgage or disposal in any
way of any legitimate rights or benefit interests in connection with the Borrower’s Equity or any creation of any other security interest over the same, except which the Lender or the person appointed by the Lender is a party;

  

	 	(c)	It shall procure that its shareholders’ meeting shall not approve the Borrower Company’s acquisition of, investment in, merger or consolidation with any party without the
prior written consent of the Lender; 

  

	 	(d)	It shall notify the Lender immediately when any legal action, arbitration or administrative proceedings relating to Borrower’s Equity occurs or is likely to occur;

  

	 	(e)	For the purpose of maintaining all rights to the Borrower Company’s Equity, it shall execute all necessary or proper documents, take all necessary or proper actions, bring
forward all necessary or proper claims, and conduct all necessary or proper defenses against any third party’s claim; 

  

	 	(f)	It shall not conduct any action or non-action that will materially affect the assets, business, or liability of the Borrower Company without the prior written consent of the Lender;

  

	 	(g)	It shall appoint any person designated by the Lender as the director of the Borrower Company on the request of the Lender. 

  

	 	(h)	Subject to PRC laws’ permission, if requested at any time by the holding company of the Lender, it shall unconditionally transfer all its equity in the Borrower Company to the
Lender or the representative(s) designated by the lender and procure the other shareholder(s) in the Borrower Company to waive the right of pre-emptive right for purchasing the equity mentioned above; 

  

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	 	(i)	Subject to PRC laws’ permission, if requested at any time by the holding company of the Lender, it shall procure that the other shareholder in the Borrower Company shall
unconditionally transfer to the Lender or the representative(s) designated by the Lender all equity in the Borrower Company and hereby the Borrower waives the pre-emptive right to purchase the equity mentioned above; 

  

	 	(j)	If the Lender purchases the Borrower’s Equity pursuant to the Exclusive Option Agreement, the Borrower shall repay this loan in priority from the above consideration paid by
the Lender; and 

  

	 	(k)	It shall strictly observe and perform the obligations and other provisions under the Share Pledge Agreement, the Exclusive Option Agreement and this Agreement without conducting any
action or non-action which will materially affect the validity and enforceability of the Share Pledge Agreement, the Exclusive Option Agreement and this Agreement. 

  

	5.	Defaults 

 If the Borrower fails to perform his
repayment obligation pursuant to this Agreement, an overdue interest at the rate of 0.01% per day upon the outstanding amount of the loan shall be paid to the Lender until the Borrower has repaid all the principal, overdue interest and other
related amount. 
  

	6.	Notices 

 Unless a written notice of change of
address is issued, all correspondence relating to this Agreement shall be delivered in person, or by facsimile, or by registered mail to the following addresses. If the notice is delivered by registered mail, the date on the return receipt is the
delivery day. If the notice is delivered in person or by fax, the date when the notice is sent is the delivery day. If the notice is delivered by fax, the original shall be delivered immediately to the following address in person or by registered
mail: 
  

			
	The Lender:	  	TOM Eachnet Holdings (BVI) Inc.
		
	Address:	  	48/F the Center 99 Queen’s Road Central, Hong Kong
		
	Fax:	  	852-21897446

  

 9 

			
	Attention:	  	48/F the Center 99 Queen’s Road Central, Hong Kong
		  	Incorporation secretary
		
	Fax:	  	852-21897446
		
	The Borrower:	  	Wei Hong Jun
		
	Address:	  	8th Floor, Tower W3 Oriental Plaza, No.1 Dong Chang An Avenue, Dong Cheng District, Beijing, PRC
		
	Fax:	  	010-8518 1176

  

	7.	Confidentiality 

 The Parties acknowledge and
confirm that all the oral or written information in connection with this Agreement is the confidential information. Both Parties shall keep them confidential, and shall not disclose such confidential information to any third party without the prior
written consent of the other party except that: (a) such information has been disclosed or is to be disclosed to the public (except being disclosed to the public by the information recipient without the consent of the other party);
(b) such information shall be disclosed to the public in accordance with the applicable laws or the regulations or practices of the Hong Kong Stock Exchanges; or (c) such information needs to be disclosed to the legal counsel or the
financial advisor who shall bear the confidential obligations hereof, however, if the confidential information is released by the employees or the engaged third parties, it shall be deemed as violated by the Party who employs or engages such
persons. The Parties agree that this article shall survive any termination of this Agreement. 
  

	8.	Governing Law and Dispute Settlement 

  

	 	8.1	The conclusion, validity, construction, performance, amendment, termination and the dispute settlement of the Agreement shall be governed by or in accordance with PRC laws.

  

	 	8.2	All disputes arising from the interpretation and performance of this Agreement shall initially be resolved through friendly negotiations. If no settlement is reached within 30 days
after a written notice for negotiation is sent to the other Party, either Party shall be entitled to submit the dispute to China International Economic and Trade Arbitration Commission (CIETAC) and the arbitration proceedings shall take place in
Beijing in accordance with the current rules of CIETAC. The arbitration award shall be final and have binding force upon the both Parties. 

  

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	8.3	In case of any disputes arising out of the interpretation and performance of this Agreement or any pending arbitration of such disputes, each Party shall continue to perform their
rights and obligations under this Agreement, except for the matters involved in the disputes. 

  

	9.	Miscellaneous 

  

	 	9.1	This Agreement shall come into effect on the execution date and expire when the parties have fulfilled their respective obligations under this Agreement. 

 

	 	9.2	This Agreement is made in two copies, each retained by one Party with equal legal effect. 

  

	 	9.3	This Agreement may be amended and supplemented in written form. The amendment and/or supplement to this Agreement shall be integral part of and shall not be separated from this
Agreement, and shall have the equal legal effect to this Agreement. 

  

	 	9.4	Any invalid article under this Agreement shall not affect the validity of other articles under this Agreement. 

  

	 	9.5	The annexes to this Agreement shall be an integral part of, and shall not be separated from, this Agreement and have the equal legal effect to this Agreement.

  

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 [No content hereunder] 
 Lender: TOM EACHNET HOLDINGS (BVI) INC. 
 Authorized Representative Signature: 
 Borrower: Wei Hong Jun 
 Signature: 
  

 12

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