Document:

Exhibit 4.25

 

EXCLUSIVE TECHNOLOGY CONSULTING AND SERVICE AGREEMENT

 

This EXCLUSIVE TECHNOLOGY CONSULTING AND SERVICE AGREEMENT (this “Agreement”), dated  December 5, 2014, is made in Beijing, the People’s Republic of China (the “PRC”) by and among:

 

Party A:                                                Beijing Jingdong Century Trade Co., Ltd., with registered address at Room B168, Building 2, No. 99, Kechuang 14 Street, Beijing Economic and Technological Development Zone, Beijing; and

 

Party B:                                                Beijing Jiasheng Investment Management Co., Ltd., a limited liability company incorporated and existing under the laws of the PRC, with registered address at Floor 20, Block A, Building 1, 19 Ronghua Middle Street, Beijing Economic and Technological Development Zone, Beijing.

 

(Party A and Party B individually, a “Party”; collectively, the “Parties”)

 

Whereas,

 

1.                                      Party A is a wholly foreign-owned enterprise duly incorporated and validly existing under the PRC laws, having the resources and qualifications to provide Party B with technology consulting and services;

 

2.                                      Party B is a limited liability company duly incorporated and validly existing under the PRC laws;

 

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

 

1.                                      Technology Consulting and Services; Sole and Exclusive Rights and Interests

 

1.1                               During the term of this Agreement, Party A agrees to provide Party B with technology consulting and services  set forth in Exhibit I attached hereto subject to the terms and conditions of this Agreement.

 

1.2                               Party B agrees to accept the technology consulting and services provided by Party A. Party B further agrees that during the term hereof, it will not accept the same or similar technology consulting and services with respect to the foregoing business operations from any third party, unless with prior written consent from Party A.

 

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1.3                               Any and all rights and interests arising from performance of this Agreement, including without limitation ownership, copyright, patent and other intellectual properties, technical and business secrets, which is developed by Party A or by Party B based on the intellectual property owned by Party A, will be solely and exclusively owned by Party A.

 

2.                                      Calculation and Payment of Technology Consulting and Services Fee

 

2.1                               Party B agrees to pay technology consulting and services fee set forth under this Agreement to Party A for the technology consulting and services provided by Party A under this Agreement (the “Consulting Services Fee”).

 

2.2                               The Parties agree to determine and pay the Consulting Services Fee according to Exhibit II attached hereto.

 

3.                                      Representations and Warranties

 

3.1                               Party A hereby represents and warrants that:

 

3.1.1.                  It is a wholly foreign-owned enterprise duly incorporated and validly existing under the laws of the PRC;

 

3.1.2.                  Its execution and performance of this Agreement are within the scope of its corporate power and business;  it has taken necessary corporate actions and obtained appropriate authorization and necessary consent and approvals from third parties and government agency, and execution of this Agreement will not constitute a breach of any law or contract  which has binding or other effect upon it; and

 

3.1.3.                  This Agreement, once executed, constitutes legal, valid and binding obligations  of Party A, and  is enforceable upon Party A pursuant to its terms.

 

3.2                               Party B hereby represents and warrants that:

 

3.2.1.                  It is a limited liability company duly incorporated and validly existing under the laws of the PRC;

 

3.2.2.                  Its execution and performance of this Agreement are within the scope of its corporate power and business;  it has taken necessary corporate actions and obtained appropriate authorization and necessary consent and approvals from third parties and government agency, and execution of this Agreement will not constitute a breach of any law or contract  which has binding or other effect upon it; and

 

3.2.3.                  This Agreement, once executed, constitutes legal, valid and binding obligations  of Party B, and  is enforceable upon Party B pursuant to its terms.

 

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4.                                      Confidentiality

 

4.1                               Party B agrees to take reasonably best efforts to keep in confidence Party A’s confidential information and materials (“Confidential Information”) that it may be aware of or have access to in connection with its acceptance of Party A’s exclusive consulting and services.  Without prior written consent from Party A, Party B shall not disclose, offer or transfer any Confidential Information to any third party.  If this Agreement terminates and upon Party A’s request, Party B shall return to Party A or destroy all of the documents, materials or software containing Confidential Information,  and shall delete any Confidential Information from all relevant memory devices and cease to use any Confidential Information.

 

4.2                               This Article 4  will survive any change, termination or expiration of this Agreement.

 

5.                                      Breach of Contract

 

If either party (the “Defaulting Party”) breaches any provision of this Agreement, which causes damage to the other Party (the “Non-defaulting Party”), the Non-defaulting Party may notify the Defaulting Party in writing and request it to rectify and correct such breach of contract; if the Defaulting Party fails to take any action satisfactory to the Non-defaulting Party to rectify and correct such breach within fifteen (15) working days upon the issuance of the written notice by the Non-defaulting Party, the Non-defaulting Party may take the actions pursuant to this Agreement or pursue other remedies in accordance with laws.

 

6.                                      Effectiveness and Term

 

6.1                               This Agreement shall take effect as of the date first written above.  The term of this Agreement is ten (10) years unless early termination occurs in accordance with relevant provisions herein or any other agreement reached by the Parties.

 

6.2                               This Agreement may be extended upon Party A’s written confirmation prior to the expiration of this Agreement and the extended term shall be ten (10) years or the term agreed by both Parties.

 

7.                                      Termination

 

7.1                               This Agreement shall be terminated on the expiring date unless it is renewed in accordance with the relevant provisions herein.

 

7.2                               During the term hereof, Party B may not make early termination of this Agreement unless Party A commits gross negligence, fraud or other illegal action, or goes bankrupt. Notwithstanding the foregoing, Party A shall always have the right to terminate this Agreement by issuing a thirty (30) days’ prior written notice to Party B.

 

7.3                               The rights and obligations of the Parties under Articles 4 and 5 will survive termination of this Agreement.

 

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8.                                     Governing Law and Dispute Resolution

 

8.1                               The execution, interpretation, performance of this Agreement and the disputes resolution under this Agreement shall be governed by the PRC laws.

 

8.2                               The parties hereto shall strive to settle any dispute arising from the interpretation or performance of the terms under this Agreement through friendly consultation in good faith. In case no settlement can be reached through consultation within thirty (30) days after the request for consultation is made by either Party,  any Party can submit such matter to Beijing Arbitration Commission for arbitration  in accordance with its then effective rules. The arbitration shall take place in Beijing. The arbitration award shall be final and binding upon both Parties.

 

9.                                      Force Majeure

 

9.1                               “Force Majeure Event” shall mean any event beyond the reasonable controls of the Party so affected, which are unpredictable, unavoidable, irresistible even if the affected Party takes a reasonable care, including but not limited to governmental acts, Act of God, fires, explosion, geographical variations, storms, floods, earthquakes, morning and evening tides, lightning or wars, riot, strike, and any other such events that all Parties have reached a consensus upon. However, any shortage of credits, funding or financing shall not be deemed as the events beyond reasonable controls of the affected Party.

 

9.2                               In the event that the performance of this Agreement is delayed or interrupted due to the said Force Majeure Event, the affected Party shall be excused from any liability to the extent of the delayed or interrupted performance. The affected Party which intends to seek exemption from its obligations of performance under this Agrement or any provision of this Agreement shall immediately inform the other Party of such a Force Majeure Event and the measures it needs to take in order to complete its performance.

 

10.                               Notices

 

All notices or other correspondences given by either Party pursuant to this Agreement shall be made in writing and may be delivered in person, or by registered mail, postage prepaid mail, generally accepted courier service or facsimile to the following addresses of the relevant Party or both Parties, or any other address notified by the other Party from time to time, or another person’s address designated by it. The date when the notice is deemed to be duly served shall be determined as the follows: (a) a notice delivered personally is deemed duly served upon the delivery; (b) a notice sent by mail is deemed duly served on the seventh (7th) day after the air registered mail with postage prepaid has been sent out (as is shown on the postmark), or the fourth (4th) day after delivery to the internationally recognized courier service agency; and (c) a notice sent by facsimile transmission is deemed duly served upon the receipt time as is shown on the transmission confirmation of relevant documents.

 

If to Party A:  Beijing Jingdong Century Trade Co., Ltd.

Address: Room B168, Building 2, No. 99, Kechuang 14 Street, Beijing Economic and Technological Development Zone, Beijing;

 

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Telephone: 010-58955008

Fax: 010-58955990

Attention: Richard Qiangdong Liu

 

If to Party B:   Beijing Jiasheng Investment Management Co., Ltd.

Address: Floor 20, Block A, Building 1, 19 Ronghua Middle Street, Beijing Economic and Technological Development Zone, Beijing.
 Telephone: 010-58955008

Fax: 010-58955990

Attention: Richard Qiangdong Liu

 

11.                               Assignment

 

Party B shall not assign its rights and obligations under this Agreement to any third party without the prior written consent of Party A.

 

12.                               Severability

 

If any provision of this Agreement is held void, invalid or unenforceable by a court of competent jurisdiction or arbitration authority, the validity, legality and enforceability of the other provisions hereof shall not be affected or impaired. The Parties shall cease performing such void, invalid or unenforceable provisions and revise such void, invalid or unenforceable provisions only to the extent closest to the original intention thereof to recover its validity or enforceability for such specific facts and circumstances.

 

13.                               Amendment and Supplement to Agreement

 

Any amendment and supplement to this Agreement shall be made in writing by the Parties. Any  agreements on such amendment and supplement duly executed by both Parties shall be deemed as a part of this Agreement and shall have the same legal effect as this Agreement.

 

14.                               Miscellanoues

 

14.1                        The headings contained in this Agreement are for the convenience of reference only and shall not be used to interpret, explain or otherwise affect the meaning of the provisions of this Agreement.

 

14.2                        The Parties agree to promptly execute any document and take any other action reasonably necessary or advisable to perform provisions and purpose of this Agreement.

 

14.3                        The Parties confirm that this Agreement shall, upon its effectiveness, constitute the entire agreement and common understanding of the Parties with respect to the subject matters herein and fully supersede all prior verbal and/or written agreements and understandings with respect to the subject matters herein.

 

14.4                        This Agreement shall be binding upon and for the benefit of all the Parties hereto and their respective inheritors, successors and the permitted assigns.

 

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14.5                        Any Party’s failure to exercise the rights under this Agreement in time shall not be deemed as its waiver of such rights and would not affect its future exercise of such rights.

 

14.6                        Any attachment hereto is an integral part of and has the same effect with this Agreement.

 

14.7                        This Agreement is made in two originals  with each Party holding one and both originals are equally authentic.

 

(No text below)

 

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(Signature Page of Exclusive Technology Consulting and Service Agreement)

 

IN WITNESS THEREOF, each Party hereto has caused this Agreement duly executed by their respective legal representative or duly authorized representative on its behalf as of the date first written above.

 

	
Party A: Beijing Jingdong   Century Trade Co., Ltd.
    	
 
    
	
 
    	
 
    
	
/s/ Beijing Jingdong Century Trade   Co., Ltd.
    	
 
    
	
(Seal of Beijing Jingdong Century Trade   Co., Ltd.)
    	
 
    
	
 
    	
 
    
	
By:
    	
Richard Qiangdong Liu
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
Party B: Beijing Jiasheng   Investment Management Co., Ltd.
    	
 
    
	
 
    	
 
    
	
/s/ Beijing Jiasheng Investment Management   Co., Ltd.
    	
 
    
	
(Seal of Beijing Jiasheng Investment Management   Co., Ltd.)
    	
 
    
			

 

 

	
By:
    	
Richard Qiangdong Liu
    	
 
    

 

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Exhibit 1:                                        List of Technology Consulting and Services

 

Party A will provide the following technology consulting and services to Party B:

 

(1)                                 technology research and development required in connection Party B’s business operations, including development, design and production of database software for information storage and other related technologies as well as granting license of such technology to Party B;

 

(2)                                 technology application and implementation for Party B’s business operations, including without limitation master design, installation, commissioning and trial operation of technical systems;

 

(3)                                 routine maintenance, supervision, commissioning and trouble shooting for Party B’s computer network equipment, including prompt customer information input to database, or promptly update database and customer interface, as well as other related technical services;

 

(4)                                 consulting services for procurement of equipment, software and hardware systems necessary for web-based business operations by Party B, including without limitation consulting and advising on selection, installation and commissioning of tool software, application software and technical platform, as well as the selection, type and function of complementary hardware facilities and equipment;

 

(5)                                 appropriate training and technical support for Party B’s employees, including without limitation providing raining on customer services or technologies, sharing knowledge and experience on installation and operation of systems and equipment, assisting to resolve any problem in connection with system and equipment installation and operation, consulting and advising on operation of any other web edition platform and software, and assisting to collect and compile information and contents;

 

(6)                                 technology consulting and response to enquiries raised by Party B relating to network equipment, technical products and software; and

 

(7)                                 any other technical services and consulting required by Party B for business operations.

 

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Exhibit II:                                     Calculation and Payment of Technology Consulting and Services Fee

 

The amount of the service fee will be determined on the basis of:

 

(1)                                 difficulty of the technology and complexity of the consulting and management services;

 

(2)                                 time required by Party A to provide technology consulting and management services; and

 

(3)                                 contents and commercial value of the technology consulting and management services.

 

Party A will issue a fee statement based on the workload and commercial value of the technical services provided by Party B as well as the prices agreed by the Parties to Party B on quarterly basis.  Party B will pay the consulting and services fee according to the time and amount set forth in the statement, provided that Party B will pay no less than RMB 10,000 as consulting and services fee (the “Quarterly Minimum Service Fee”) to Party A on quarterly basis.  Party A may revise at any time the standards of consulting and services fee based on the amount and composition of the consulting and services fee payable by Party B.

 

The Quarterly Minimum Service Fee is subject to approval from Party A’s board of directors, and will be reviewed and revised no less than once yearly.  Any revision and change of Quarterly Minimum Service Fee is subject to approval from Party A’s board of directors.

 

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Schedule A

 

The following schedule sets forth all other similar agreements the registrant entered into with the relevant Chinese variable interest entity. Other than the information set forth below, there is no material difference between such other agreements and this exhibit.

 

	
VIE
    	
 
    	
Executing Parties
    	
 
    	
Calculation and
   Payment of
   Technology
   Consulting and
   Services Fee
    	
 
    	
Execution Date
    
	
Beijing Yuanyi Freight Forwarding   Co., Ltd.
    	
 
    	
Party A: Beijing Jingdong   Century Trade Co., Ltd.

   Party B: Beijing Yuanyi Freight Forwarding Co., Ltd.
    	
 
    	
Party A will issue a fee   statement based on the workload and commercial value of the technical   services provided by Party B as well as the prices agreed by the Parties to   Party B on quarterly basis. Party B will pay the consulting and services fee   according to the time and amount set forth in the statement to Party A on   quarterly basis. Party A may revise at any time the standards of consulting   and services fee based on the amount and composition of the consulting and   services fee payable by Party B.
    	
 
    	
December 8, 2014
    
	
Jiangsu Jingdong Bangneng   Investment Management Co., Ltd.
    	
 
    	
Party A: Beijing Jingdong   Century Trade Co., Ltd.
   Party B: Jiangsu Jingdong Bangneng Investment Management Co., Ltd.
    	
 
    	
Party A will issue a fee   statement based on the workload and commercial value of the 
    	
 
    	
August 7, 2015
    

 

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technical services   provided by Party B as well as the prices agreed by the Parties to Party B on   quarterly basis. Party B will pay the consulting and services fee according   to the time and amount set forth in the statement to Party A on quarterly   basis. Party A may revise at any time the standards of consulting and   services fee based on the amount and composition of the consulting and   services fee payable by Party B.
    	
 
    	
 
    
	
Shanghai Jingdong Daojia   Youheng E-commerce Information Technology Co., Ltd.
    	
 
    	
Party A: Shanghai Jingdong   Daojia Yuanxin Information Technology Co., Ltd.
   Party B: Shanghai Jingdong Daojia Youheng E-commerce Information Technology   Co., Ltd.
    	
 
    	
Party A will issue a fee   statement based on the workload and commercial value of the technical   services provided by Party B as well as the prices agreed by the Parties to   Party B on quarterly basis. Party B will pay the consulting and services fee   according to the time and amount set forth in the statement to Party A on   quarterly basis. Party A may revise at any time the standards of 
    	
 
    	
December 10, 2015
    

 

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consulting and services   fee based on the amount and composition of the consulting and services fee   payable by Party B.
    	
 
    	
 
    
	
Jiangsu Jingdong Saide   E-commerce Co., Ltd.
    	
 
    	
Party A: Beijing Jingdong   Century Trade Co., Ltd.
   Party B: Jiangsu Jingdong Saide E-commerce Co., Ltd.
    	
 
    	
Same as this exhibit.
    	
 
    	
January 7, 2016
    
	
Suqian Limao Donghong   Investment Management Co., Ltd.
    	
 
    	
Party A: Suqian Hanbang   Investment Management Co., Ltd.
   Party B: Suqian Limao Donghong Investment Management Co., Ltd.
    	
 
    	
Same as this exhibit.
    	
 
    	
January 26, 2016
    

 

4Exhibit 4.26

 

Business Operations Agreement

 

This Business Operations Agreement (this “Agreement”) is made as of December 5, 2014, in Beijing, the People’s Republic of China (the “PRC”) by and among:

 

Beijing Jingdong Century Trade Co., Ltd., with registered address at Room B168, Building 2, 99 Kechuang 14 Street, Beijing Economic and Technological Development Zone, Beijing (“Party A”)

 

Beijing Jiasheng Investment Management Co., Ltd., with registered address at Floor 20, Block A, Building 1, 19 Ronghua Middle Street, Beijing Economic and Technological Development Zone, Beijing (“Party B”)

 

And

 

LIU Qiangdong, with PRC identification number of         ; and

 

SUN Jiaming, with PRC identification number of

 

(LIU Qiangdong and SUN Jiaming collectively, “Party C’)

 

(Party A, Party B and Party C Individually a “Party”, and collectively the “Parties”)

 

WHEREAS:

 

A                                       Party A is a wholly foreign-owned enterprise duly incorporated and validly existing under the PRC laws;

 

B                                       Party B is a limited liability company duly incorporated and validly existing under the PRC laws;

 

C                                       A business relationship has been established between Party A and Party B by entering into an Exclusive Consulting and Services Agreement, whereby Party B is required to make all payments to Party A thereunder. Therefore, the daily operations of Party B will have a material impact on its ability to pay the payables to Party A; and

 

D                                       Party C is shareholders of Party B whose 45% and 55% equity interests are respectively owned by LIU Qiangdong and SUN Jiaming.

 

NOW, THEREFORE, the Parties hereby agree and intend to be legally bound as follows through friendly negotiations and in the principles of equity and mutual benefit:

 

1.                                      Negative Undertakings

 

In order to ensure Party B’s performance of the agreements between Party A and Party B and all its obligations owed to Party A, Party B and Party C hereby confirm and agree that unless with prior written consent from Party A or a third party appointed by Party A, Party B shall not conduct any transaction which may materially affect any of its assets, businesses, employees, duties, rights or operations, including but not limited to the following:

 

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1.1                               to conduct any business that is beyond the normal business scope or in a manner inconsistent with past practices;

 

1.2                               to borrow money or incur any debt from any third party;

 

1.3                               to change or dismiss any director or to dismiss and replace any senior management member;

 

1.4                               to sell to or acquire from any third party, or otherwise dispose any of its material assets or rights, including but not limited to any intellectual property rights;

 

1.5                               to provide guarantee in favor of any third party or impose any encumbrance upon any of its assets (including intellectual property rights);

 

1.6                               to amend its articles of association or change its scope of business;

 

1.7                               to change its ordinary course of business or modify any material internal bylaws or systems;

 

1.8                               to assign any of the rights or obligations under this Agreement to any third party;

 

1.9                               to make significant adjustment to any of its business operations, marketing strategies, operation policies or client relations; and

 

1.10                        to make any form of distribution of dividend or bonus.

 

2.                                      Operational and Human Resource Management

 

2.1                               Party B and Party C hereby agree to accept and strictly perform the comments and instructions from Party A from time to time regarding employment and dismissal of its employees, the daily business management and financial management.

 

2.2                               Party B and Party C hereby jointly and severally agree that Party C shall appoint the person ellected in accordance with the procedures required by applicable laws and regulations and the articles of association of Party B or designated by Party A as director (or managing director) or supervisor of Party B, and cause such director to elect the person recommended by Party A as the chairman of the board (if any), and appoint the persons designated by Party A as Party B’s General Manager, Chief Financial Officer, and other officers.

 

2.3                               If any of the above directors or officers resigns or is dismissed by Party A, he or she will lose the qualification to hold any position in Party B and, under such circumstance, Party C shall remove such person from his or her position in Party B and immediately elect or appoint any other candidate designated by Party A to assume such position.

 

2.4                               For the purpose of Section 2.3, Party C shall effect all internal or external

 

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procedures necessary to accomplish the dismissal and appointment in accordance with relevant laws and regulations, the articles of association of Party B and this Agreement.

 

2.5                               Party C hereby agree to, upon execution of this Agreement, simultaneously sign a Power of Attorney whereby Party C shall authorize irrevocably any individual  appointed by Party A to exercise shareholders’ rights, including the full voting right of a shareholder at Party B’s shareholders’ meetings.  Party C further agrees to replace the authorized person appointed according to the above mentioned power of attorney (the “Trustee’) at any time pursuant to the requirements of Party A by revoking its authorization to the Trustee and granting the same authorization to such other person designated by Party A by execution of a power of attorney in the form and substance similar to that contemplated in the preceding sentence with immediate effect.

 

3.                                      Right of Information

 

The Trustee may be provided with any information regarding operations, clients, financial conditions and employees of Party B and have access to relevant materials of Party B in connection with exercising any of the rights authorized to it.  The right of information provided in this Section 3 shall be the same with the right to access Party B’s information by any of its shareholders, and will be exercised with sufficient facility from Party B without any interference.

 

4.                                      Waiver

 

It is agreed by the Parties that unless caused by the material neglect or willful misconduct of Party A, Party A will not be held liable for any indemnity by any other Party or any third Party due to the Trustee’s exercise of any of its rights.

 

5.                                      Representations and Warranties by Party C

 

5.1                               Party C, in the capacity of natural person, is Chinese citizens having full civil capabilities to execute, deliver and perform this Agreement and perform its obligations hereunder or, in the capacity of legal person, is a limited liability company duly incorporated and validly existing under the PRC laws, has full and independent capabilities to execute, deliver and perform this Agreement.

 

5.2                               Party C has the right to execute, deliver and perform this Agreement without any approval or authorization.

 

5.3                               None of Party C’s execution and performance of this Agreement is in violation of any of its articles of association, or any laws, regulations, governmental approvals, authorizations, notices or other documents binding upon or having effect upon Party C, or any contracts with or any covenants to any third party by Party C.

 

5.4                               Once executed, this Agreement will constitute legal and valid obligations enforceable against Party C.

 

5.5                               Unless otherwise provided under this Agreement or the Equity Pledge Agreement, there is no mortgage, pledge or any other security interest, or

 

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restrictive agreement with any third party, or offer to transfer to any third party, or covenant in response to any offer to buy from any third party, or any agreement with any third party to transfer, in each case regarding any of Party B’s equity interests by Party C.

 

5.6                               Party C will be in strict compliance with this Agreement and actively perform its obligations hereunder.  Party C will also cause Party B to be in strict compliance with this Agreement and refrain from any action or omission which may affect validity or enforceability of this Agreement.

 

6.             Representations and Warranties by Party B

 

6.1                               Party B is a limited liability company duly incorporated and validly existing under the PRC laws.

 

6.2                               Party B has received all consents and authorizations necessary and desirable to execute, deliver and perform this Agreement.

 

6.3                               Party C will be in strict compliance with this Agreement, actively perform its obligations hereunder, and refrain from any action or omission which may affect validity or enforceability of this Agreement.

 

7.             Breach Liability

 

7.1                               Subject to provisions under Section 4 of this Agreement, Party B and Party C shall jointly and severally indemnify and hold harmless Party A and any of its shareholders, directors, employees, affiliates, agents, successors and trustees from any claim, harm, expenses, indemnities, liabilities, fines or any other loss or damages arising from:

 

7.1.1                     any breach or failure to perform this Agreement by Party C and/or Party B; or

 

7.12                        any material neglect or willful misconduct, or any breach of applicable laws or regulations by Party C and/or Party B.

 

7.2          Without prejudice to the indemnity liability provided under Section 7.1,

 

Party A may require Party C and Party B to stop or prevent any breach of this Agreement, and/or require Party C and Party B to perform its obligations under this Agreement.

 

8.             Confidentiality

 

Each of the Parties acknowledges and confirms that the existence and terms of this Agreement, as well as any oral or written information exchanged among the Parties in connection with preparation or performance of this Agreement, will be confidential information.  Each of Party C and party B will keep all confidential information in confidence and, without prior written consent from Party A, may not disclose any confidential information to any third party, unless such information (a) is in the public domain (not due to unauthorized disclosure by the receiving Party); (b) is required for disclosure by any applicable laws or regulations, rules of any exchange, or requirements or orders from any government authority or court having jurisdiction; or (c) is disclosed by Party C or Party B to any of its legal or financial advisors on as-

 

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needed basis, provided that such legal or financial advisor shall comply with the confidentiality obligations similar to this Section 8.  Disclosure of any confidential information by any person or entity engaged by Party C or Party B shall be deemed as disclosure of such information by Party C and/or Party B, and consequently Party C and/or Party B shall be held liable for beach of this Agreement.

 

9.                                      Other Agreements

 

9.1                               This Agreement shall be binding on and inure to the benefit of each of the Parties and their respective successors, heirs and permitted assigns.  Without prior written consent from Party A, Party C may not transfer any of its rights, interests or obligations under this Agreement.

 

9.2                               Party C hereby agrees that Party A may transfer any of its rights and obligations under this Agreement to any third party at its discretion with notice to Party C in writing but without consent from Party C.

 

9.3                               If any agreement between Party A and Party B terminates or expires, Party A will have the right to terminate all of the agreements between Party A and Party B including, among others, the Exclusive Consulting and Services Agreement.

 

9.4                               Considering the business relationship between Party A and Party B has been established through execution of the Exclusive Consulting and Services Agreement, and daily business activities of Party B will have a material impact on Party B’s ability to pay the payables to Party A, Party C agrees that subject to Section 1 of this Agreement, any dividend, distribution or other gain or interest received by it as shareholder of Party B will be immediately, unconditionally and freely paid or transferred to Party A, and provide any document or take any action necessary to accomplish such payment or transfer at the request of Party A.

 

9.5                               Party C will provide assistance sufficient for the Trustee to exercise any right authorized to it, including without limitation prompt signing any resolution of the shareholders or any other relevant legal document when it is necessary to do so (including required in connection with any approval, registration and filing from or with any government authority).  Party C hereby confirms that its covenants under Section 9.5 of this Agreement will not restrict its authorization of any right to the Trustee.

 

10.                               Entire Agreements and Amendments

 

10.1                        This Agreement and all agreements and/or documents referred to or expressly included herein represent all agreements among the Parties regarding the subject matter hereof, and supersede all previous agreements, contracts, understandings and communications among all the Parties, oral or written, with respect to the subject matters of this Agreement.

 

10.2                        Any amendment of this Agreement will not be effective without agreement of the Parties in writing. Any amendment and supplement duly executed by the Parties shall be an integral part of and have the same effect with this Agreement.

 

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11.                               Governing Law

 

This Agreement shall be governed by and construed in accordance with the PRC laws.

 

12.          Dispute Resolution

 

12.1                        Any dispute arising from or in connection with this Agreement will be settled through negotiations and, if the negotiations fail, be submitted to Beijing Arbitration Commission (“BAC”) for arbitration in accordance with its rules then effect.  The arbitration shall take place in Beijing. The language of arbitration shall be in Chinese. The arbitrary award shall be final and binding upon each of the Parties.  This Section 12.1 will survive termination or expiration of this Agreement.

 

12.2                        each of the Parties shall continue to perform its obligations under this Agreement in good faith other than the matter under dispute.

 

7.             Notice

 

Any and all notices given by any of the Parties regarding any of its rights or obligations under this Agreement shall be made in writing and delivered in person, by registered mail, postage prepaid mail, recognized courier service or facsimile to the following addresses.

 

If to Party A: Beijing Jingdong Century Trade Co., Ltd.

 

	
Address:
    	
Room B168, Building 2, 99 Kechuang 14 Street, Beijing Economic and   Technological Development Zone, Beijing
    
	
Phone: 
    	
010-58955008
    
	
Fax:
    	
010-58955990
    
	
Attention: 
    	
LIU Qiangdong
    

 

If to Party B: Beijing Jiasheng Investment Management Co., Ltd. with registered address at

 

	
Address:
    	
Floor 20, Block A, Building 1, 19 Ronghua Middle Street, Beijing Economic   and Technological Development Zone, Beijing
    
	
Phone: 
    	
010-58955008
    
	
Fax:
    	
010-58955990
    
	
Attention: 
    	
LIU Qiangdong
    

 

If to Party C:

 

	
LIU Qiangdong
    
	
Address:
    	
Room B168, Building 2, 99 Kechuang 14 Street, Beijing Economic and   Technological Development Zone, Beijing
    
	
Phone: 
    	
010-58955008
    
	
Fax:
    	
010-58955990
    

 

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SUN Jiaming
    
	
Address:
    	
Room B168, Building 2, 99 Kechuang 14 Street, Beijing Economic and   Technological Development Zone, Beijing
    
	
Phone: 
    	
010-58955008
    
	
Fax:
    	
010-58955990
    

 

14.                               Effect, Term and Others

 

14.1                        Any written consent, proposal, appointment relating to Party A under this Agreement and any other decision having material effect upon daily business operations of Party B will be made by the board of directors/managing director of Party A.

 

14.2                        The term of this Agreement will commence as of the date hereof and, unless early terminated by Party A, expire upon dissolution of Party B under the PRC laws.  At the request of Party A, the Parties may extend the term of this Agreement prior to its expiration, and enter into separate business operation agreement or continue to perform this Agreement, in each case at the request of Party A.

 

14.3                        Neither Party B nor Party C may terminate this Agreement during the term hereof.  Party A shall have the right to terminate this Agreement at any time with written notice to Party B and Party C no less than thirty (30) days in advance.

 

14.4                        It is confirmed by the Parties that this Agreement represent their fair and reasonable agreements made on the basis of equity and mutual benefits.   If any clause hereof is held invalid or unenforceable under applicable laws, such clause shall be deemed to have been deleted from this Agreement and invalid, and the remainder of this Agreement will continue to have effect and be deemed to have excluded such clause. The Parties will negotiate to replace the deleted clause with legal, valid one acceptable to each of the Parties.

 

14.5                        Any failure or delay on the part of any Party to exercise any rights, powers or privileges hereunder shall not operate as a waiver thereof. Any single or partial exercise of such rights, powers or privileges shall not preclude any further exercise of such rights, powers or privileges.

 

14.6                        This Agreement is in four originals with each Party holding one thereof.  Each of the originals has the same effect.

 

[Remaining intentionally left blank]

 

7

 

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

 

 

	
PARTY A: BEIJING JINGDONG CENTURY   TRADE CO., LTD.
    
	
(Company Seal)
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
/s/LIU Qiangdong
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
PARTY B: BEIJING JIASHENG   INVESTMENT MANAGEMENT CO., LTD.
    
	
(Company Seal)
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
/s/LIU Qiangdong
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
PARTY C:
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
/s/LIU Qiangdong
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
/s/SUN Jiaming
    	
 
    

 

8

 

Schedule A

 

The following schedule sets forth all other similar agreements the registrant entered into with the relevant Chinese variable interest entity. Other than the information set forth below, there is no material difference between such other agreements and this exhibit.

 

	
VIE
    	
 
    	
Executing Parties
    	
 
    	
Execution Date
    
	
Beijing Yuanyi Freight   Forwarding Co., Ltd.
    	
 
    	
Party A: Beijing Jingdong   Century Trade Co., Ltd.

   Party B: Beijing Yuanyi Freight Forwarding Co., Ltd.
   Party C: Liu Qiangdong and Sun Jiaming
    	
 
    	
December 8, 2014
    
	
Jiangsu Jingdong Bangneng   Investment Management Co., Ltd.
    	
 
    	
Party A: Beijing Jingdong   Century Trade Co., Ltd.

   Party B: Jiangsu Jingdong Bangneng Investment Management Co., Ltd.

   Party C: Liu Qiangdong and Sun Jiaming
    	
 
    	
August 7, 2015
    
	
Shanghai Jingdong Daojia   Youheng E-commerce Information Technology Co., Ltd.
    	
 
    	
Party A: Shanghai Jingdong   Daojia Yuanxin Information Technology Co., Ltd.

   Party B: Shanghai Jingdong Daojia Youheng E-commerce Information Technology Co., Ltd.

   Party C: Liu Qiangdong and Sun Jiaming
    	
 
    	
December 10, 2015
    
	
Jiangsu Jingdong Saide   E-commerce Co., Ltd.
    	
 
    	
Party A: Beijing Jingdong   Century Trade Co., Ltd.

   Party B: Jiangsu Jingdong Saide E-commerce Co., Ltd.

   Party C: Liu Qiangdong and Sun Jiaming
    	
 
    	
January 7, 2016
    
	
Suqian Limao Donghong   Investment Management Co., Ltd.
    	
 
    	
Party A: Suqian Hanbang   Investment Management Co., Ltd.

   Party B: Suqian Limao Donghong Investment Management Co., Ltd.

   Party C: Liu Qiangdong and Sun Jiaming
    	
 
    	
January 26, 2016
    

 

9

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