Document:

Exhibit
      10.9

     

    [Cautionary
      Note: This Agreement has been translated into English from the original Chinese
      language version.] 

    

    Agreement
      of Share Transfer

     

    
      
        	
                Transferor:
                  

              	
                Li
                  Yingsheng (hereinafter “Party A”)

              
	
                Transferor:
                  

              	
                Ding
                  Xiaofeng (hereinafter “Party B”)

              
	
                Transferor:
                  

              	
                Ren
                  Dongsheng (hereinafter “Party C”)

              
	 	 
	
                Transferee:
                  

              	
                Shenzhen
                  New Media Consulting Co., Ltd (hereinafter “Party D”)

              
	 	 
	
                Address:
                  

              	
                Room
                  1915, Sunshine Golf Mansion, Shennan Av., Futian District, Shenzhen,
                  PRC.

              
	 	 
	
                Register
                  number: 

              	
                110840

              

      

       

    

    Shenzhen
      Media Investment Co., Limited (the “Company”) was incorporated on October 22,
      2003 in Shenzhen, PRC which is jointly owned by Party A, Party B, Party C and
      the “Sale and Marketing Publishing House”. As of May 24, 2005, the Company’s
      registered capital is RMB 36,000,000. Party A, Party B and Party C own the
      equity of the Company with 25.86%, 15.17% and 20.78%, respectively and would
      transfer their 25.86%, 15.17% and 20.78% of the Company to Party D. Party D
      accepted such share transfer. According to the “Company law of the PRC” and the
“Contract law of the PRC”, all aforesaid parties reached consent on the matter
      of the share transfer and entered into the following agreement: 

    

    1)
      The
      payment term for the consideration of the share transfer

    

    i)
      Party
      A, Party B and Party C owned the Company with 25.86%, 15.17% and 20.78%
      respectively and according to the contract for the establishment of the Company,
      Party A, Party B and Party C have contributed RMB 9.3085 million, RMB 5.4615
      million and RMB7.48 million as a registered capital, respectively. Currently,
      Party A, Party B, Party C who owned the Company with 25.86%, 15.17% and 20.78%
      respectively would transfer their 25.86%, 15.17% and 20.78% of the Company
      to
      Party D with total consideration of RMB 500,000.

    

    ii)
      Party
      D should pay 20% of the total consideration which represents RMB 100,000 to
      the
      transferors within five business days after this agreement becomes effective.
      Also, the remaining of the payment (RMB 400,000) should be paid to the
      transferors within five business days after the closing of the share transfer.
      

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    2)
      Party
      A, Party B and Party C guaranteed that such shares have not been pledged to
      any
      third party. 

    

    3)
      Allocation of the profit and loss (included all debts) of the Company.

    

    i)
      Party
      D will share profits, risks and losses of the Company that based on its share
      proportion.

     

    ii)
      Once
      Party A, Party B and Party C sign this agreement, any liability that had not
      been informed to Part D before the share transfer and that caused Party D
      suffering any losses in this transaction , Party D have a right to recourse
      such
      losses from Party A, Party B and Party C. 

    

    4)
      Default 

    

    i)
      Once
      this agreement becomes effective, all parties involved should exercise their
      rights and fulfill their obligations. Any party fails to fulfill their
      obligations under this agreement should be liable for breach of the contract.
      

    

    ii)
      If
      Party D is unable to make the payment on a timely basis, a daily 1% interest
      of
      the outstanding payment should be charged as a remedy for Party A, Party B
      and
      Party C. If Party D breaches the agreement and causes any loss to Party A,
      Party
      B and Party C, any extra compensation should be made when the 1% interest
      penalty is insufficient to compensate the actual losses suffered by Party A,
      Party B and Party C.

    

    iii)
      If
      Party D either is unable to complete the share registration or has been affected
      significantly to execute this agreement caused by the conduct of Party A, Party
      B and Party C, Party A, Party B and Party C should pay 3% of the paid payment
      as
      a remedy to Party D. If the actual loss of Party D excesses such 3% of the
      paid
      payment, the extra remedy should be paid.

     

    5)
      Amendment and Termination of the Agreement

    

    It
      is
      agreed by four parties, this agreement may be amended or terminated. Any
      amendment or termination should be conducted through a negotiation among all
      parties involved and a separate amendment or termination agreement should be
      signed by all the parties and the signing would be witnessed by “Shenzhen
      International Hi-tech Technology Patent Exchange”.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
       

      6)
        The
        relevant expenses bearing:

    

    

    All
      the
      relevant fees/expenses (such as witness fee, appraisal and auditing fees, and
      fee for change of registrations) in the course of share transfer should be
      eventually shared by all parties. 

    

    7)
      Settlement of disputes.

    

    All
      disputes between the Parties arising out of or in connection with this agreement
      shall be settled between the Parties by
      discussion and mutual accord. If a mutual accord cannot be reached between
      the
      Parties, either party may submit the dispute to 1) Shenzhen Arbitral
      Institution; or 2) China International Economic and Trade Arbitration Commission
      (Shenzhen Sub-Commission) or 3) a court with jurisdiction.

    

    8)
      Conditions of the agreement effectiveness:

    

    This
      agreement becomes effective after it is duly signed and sealed by Party A,
      Party
      B, Party C and Party D. This signing shall be witnessed by “Shenzhen
      International Hi-tech Technology Patent Exchange”. In addition, all parties
      should change their registrations respectively with the relevant authorities
      after this agreement becomes effective.

    

    9)
      This
      agreement has seven copies, each party, the Company and “Shenzhen International
      Hi-tech Technology Patent Exchange” have one copy and the remaining copy is sent
      to relevant governmental authority for records. 

     

    
      	Transferors:	Transferee:
	/s/ Yingsheng Li 	Shenzhen New Media Consulting Co.,
              Ltd
	/s/ Xiaofeng Ding 	(Corporate Seal) 
	
              /s/
                Dongsheng Ren 

            	 

    

     

    Date:
      March 7, 2005Exhibit
      10.10

     

    [Cautionary
      Note: This Agreement has been translated into English from the original Chinese
      language version.] 

     

    Agreement
      of Share Transfer

     

    
      	
              Transferor:

            	
              Sale
                and Marketing Publishing House, a publishing house that was established
                and is validly existing under the laws of PRC, (hereinafter “Party
                A”)

            
	 	 
	
              Address:
                

            	
              14th
                Floor, District A, No. 15 Jing Lan Road, Guanghui International Trade
                Center, Zhengzhou, Henan Province, PRC

            
	 	 
	
              Transferee:
                

            	
              Shenzhen
                New Media Consulting Co., Ltd., a Chinese company incorporated under
                the
                laws of PRC, (hereinafter “Party B”)

            
	 	 
	
              Address:
                

            	
              Room
                1915, Sunshine Golf Mansion, Shennan Av., Futian District, Shenzhen,
                PRC.

            

    

     

    
      	1.  	
              Shenzhen
                Media Investment Co., Ltd. (“the Company”) was incorporated under the laws
                of PRC, with registered capital of RMB 36 million. Party A owns 38.19%
                of
                the total equity of the Company (“the
                Shares”);

            

    

     

    
      	2.  	
              Party
                A is willing to transfer the Shares to Party B; Party B is willing
                to take
                the transferred shares;

            

    

     

    
      	3.  	
              Party
                A and Party B have both agreed to enter into this agreement on this
                share
                transfer after fair negotiation.

            

    

     

    
      	1  	
              Shares
                Transfer

            

    

     

    
      	1.1  	
              Party
                A agrees to transfer the Shares according to the terms and conditions
                of
                this agreement; Party B agrees to purchase the Shares from Party
                A
                according to the terms and conditions of this
                agreement.

            

    

     

    
      	1.2  	
              Both
                parties agree, upon signing this agreement, Party B will enjoy all
                the
                legal rights and take responsibilities in connection with the Shares;
                Party A will no longer enjoy any of the legal rights or take
                responsibilities in connection with the Shares. Such legal rights
                and
                responsibilities are defined under the Law of Corporation of PRC
                and the
                Articles of Association of the
                Company.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	2  	
              Purchase
                Price and Payment Method

            

    

     

    
      	2.1  	
              Both
                parties agreed that the purchase price of transferring the Shares
                is
                RMB27.29 million.

            

    

     

    
      	2.2  	
              Upon
                signing this agreement, Party B shall pay 20% of the purchase price
                to
                Party A which is RMB5.458 million within six months; the rest of
                the
                payment which is RMB21.832 million shall be paid by Party B to Party
                A
                within twenty-four months after this transaction is closed.
                

            

    

     

    
      	3  	
              Effective
                Date

            

    

     

    
      	3.1  	
              The
                agreement becomes effective once it is duly signed by authorized
                persons
                from each party.

            

    

     

    
      	4  	
              Relevant
                Expenses:

            

    

     

    
      	
            	4.1	
              Each
                party shall bear the expenses caused by executing this agreement.
                Both
                parties agree that the Company will bear all the expense related
                to the
                change of business license.

            

    

     

    
      	
            	5.	
              Governing
                Law and Dispute Settlement:

            

    

     

    
      	
            	5.1   
              	
              The
                governing law of this agreement is the laws of PRC.
                

            

    

     

    
      	
            	5.2   
              	
              All
                disputes between the parties arising out of or in connection with
                this
                agreement shall be settled between the parties by
                discussion and mutual accord. If a mutual accord cannot be reached
                between
                the parties, either party may submit the dispute to a court with
                jurisdiction. 

            

    

     

    
      	6.  	
              Others

            

    

     

    
      	6.1  	
              This
                agreement may be amended and supplemented upon bilateral consent.
                Amendments and supplements should be made in a written form and signed
                by
                both parties. The amendments or supplements are an integral part
                of this
                agreement. 

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	6.2  	
              No
                party may assign, transfer or intend to transfer any rights, benefits
                and
                obligations under this agreement without the written consent from
                the
                other party.

            

    

     

    
      	6.3  	
              This
                agreement constitutes the entire agreement entered into by and between
                both parties regarding this share transfer. Any prior oral or written
                promise, understanding, letter of intent, memorandums or agreements
                by
                both parties shall be superseded by this
                agreement.

            

    

     

    
      	6.4  	
              Upon
                signing this agreement, the safeguarding provision under the Operation
                and
                Management Right Agreement between Shenzhen Media Investment Co.,
                Ltd and
                Sale s and Marketing Publishing House (Article B) shall be
                cancelled.

            

    

     

    
      	
            	6.5	
              Both
                parties agreed that this agreement shall be effective during the
                process
                of changing business license.

            

    

     

    
      
        	
              	6.6	
                This
                  agreement has two copies and one copy for each party. Each copy
                  has the
                  same legal effect.

              

      

    

     

    
      	Transferors:	 	
              Transferee:

            
	Sale and Marketing Publishing
              House	 	Shenzhen New Media Consulting
              Co.,
              Ltd
	(Corporate Seal)	 	(Corporate Seal)
	 	 	 
	
              Date:
                December 21, 2005

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}]]