Document:

ex10_2.htm

  
    Exhibit
10.2

     

    NOTE
EXCHANGE AND OPTION AGREEMENT

     

    THIS NOTE
EXCHANGE AND OPTION AGREEMENT (this “Agreement”) is effective as of
April 2, 2009, by and between KEYWIN HOLDINGS LIMITED, a British Virgin Islands
company (“Noteholder”),
and NETWORK CN INC., a Delaware corporation (the “Company”).

     

    RECITAL

     

    WHEREAS, the Noteholder
purchased that certain 3% Senior Secured Convertible Notes due June 30, 2011 of
the Company in the aggregate principal amount of $45,000,000 (the “Notes”) from Sculptor Finance
(MD) Ireland Limited, Sculptor Finance (AS) Ireland Limited and Sculptor Finance
(SI) Ireland Limited pursuant to the Note Purchase Agreement, dated April 2,
2009;

     

    WHEREAS, the Noteholder
desires to exchange the Notes (the “Exchange”) for 307,035,463
shares of the Company’s common stock (the “Common Stock”);

     

    WHEREAS, the Company desires
to issue to the Noteholder 307,035,463 shares of the Common Stock in exchange
for the Notes; and

     

    WHEREAS, in connection with
the Exchange, the Company desires to grant the Noteholder an option (the “Option”) to purchase from the
Company an aggregate of 122,814,185 shares of the Common Stock for an aggregate
purchase price of $2,000,000, exercisable within 3 months after April 2, 2009 or
such other date as agreed by the parties hereto (the “Closing Date”).

     

    NOW,
THEREFORE, in
consideration of the mutual covenants and agreements herein set forth, the
parties hereby agree as follows:

     

    1.            
Exchange of
Notes.

    

    (a) Notwithstanding
any provisions or terms to the contrary contained in the Notes, the Noteholder
hereby elects to exchange the Notes for 307,035,463 shares of the Common Stock
and the Company hereby agrees to issue to the Noteholder 307,035,463 shares of
the Common Stock in full satisfaction of its obligations under the Notes,
including all principal and accrued and unpaid interest
thereon.  After the Exchange, the Noteholder shall have no rights in
respect of the Notes, and, in lieu thereof, will only have those rights afforded
to the holders of Common Stock. The Noteholder hereby acknowledges and agrees
that it shall have no further right or entitlement under the Notes, and the
Company shall have no further obligation under the Notes.

     

    (b)           On
the Closing Date, the Noteholder shall tender to the Company the original Notes
and in exchange, the Company shall deliver an irrevocable instruction letter to
the Company’s transfer agent in which the Company shall instruct the transfer
agent to issue a stock certificate representing 307,035,463 shares of the Common
Stock to the Noteholder.  Such stock certificate shall be delivered to
the Noteholder within five (5) business days after the Closing
Date.

    

    (c)           As
of the Closing Date, the Noteholder and Company irrevocably cancel the Notes and
the Notes are of no further force or effect.

    

    2.            
Option to Purchase Common
Stock.

    

    (a) For a
three (3) month period commencing on the Closing Date (the “Exercise Period”), the
Noteholder shall have the right to purchase from the Company an aggregate of
122,814,185 shares of the Common Stock for an aggregate purchase price of
$2,000,000 (the “Purchase
Price”).  The Option may be exercised by the Noteholder at any
time during the Exercise Period by giving written notice to the
Company.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) The
Purchase Price shall be paid to the Company in cash or immediately available
funds, unless otherwise mutually agreed.  Upon receipt of the Purchase
Price and written notice, the Company shall, as promptly as practical, issue the
Noteholder a stock certificate representing 122,814,185 shares of the Common
Stock.

    

    (c) If the
Noteholder fails to exercise the Option during the Exercise Period pursuant to
this Section 2, the Option shall terminate.

    

    3.            
Representations and Warranties
of the
Company. The Company hereby makes the following representations,
warranties, and covenants each of which is true and correct on the date
hereof.

    

    (a) The
Company is a corporation duly formed, validly existing and in good standing
under the laws of the State of Delaware.  The Company has the power
and authority to own its own property and assets and to transact the business in
which it is engaged.  The Company is qualified to do business in each
state or jurisdiction in which the failure to so qualify would have a material
adverse effect on its business.

    

    (b) The
Company has the power and authority to execute, deliver and perform this
Agreement, and the Company has taken all necessary corporate action to authorize
the execution, delivery and performance of this Agreement.  This
Agreement constitutes the authorized, valid and legally binding obligations of
the Company, enforceable against the Company in accordance with its terms,
except that such enforcement may be subject to (a) bankruptcy, insolvency,
reorganization, moratorium or other similar laws affecting or relating to
enforcement of Noteholders’ rights generally, and (b) general principles of
equity.

    

    (c) The
Common Stock to be issued pursuant to the Exchange, have been duly authorized,
and upon consummation of the transactions contemplated by this Agreement, will
be validly issued, fully paid and nonassessable.

    

    (d) The
Common Stock to be issued pursuant to the exercise of the Option, have been duly
authorized, and upon exercise of the Option in accordance with the terms of this
Agreement against payment of the Purchase Price, will be validly issued, fully
paid and nonassessable.

    

    4.            
Representations and Warranties
of the Noteholder.
The Noteholder hereby makes the following representations, warranties, and
covenants each of which is true and correct on the date hereof.

    

    (a) The
Noteholder is duly organized, validly existing and in good standing under the
laws of the jurisdiction of its organization.

    

    (b) The
Noteholder has the power and authority to execute, deliver and perform this
Agreement, and the Noteholder has taken all necessary corporate action to
authorize the execution, delivery and performance of this
Agreement.  This Agreement constitutes the authorized, valid and
legally binding obligations of the Noteholder, enforceable against the
Noteholder in accordance with its terms, except that such enforcement may be
subject to (a) bankruptcy, insolvency, reorganization, moratorium or other
similar laws affecting or relating to enforcement of Noteholders’ rights
generally, and (b) general principles of equity.

     

    
      
        
        

      

      
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    (c) The
Noteholder has good and valid title to the Notes, free and clear of any
mortgage, lien, pledge, charge, security interest, encumbrance, title retention
agreement, option, equity or other adverse claim thereto.  The
Noteholder has not, in whole or in part, (i) assigned, transferred,
hypothecated, pledged or otherwise disposed of the Notes or its rights in such
Notes, or (ii) given any person or entity any transfer order, power of
attorney or other authority of any nature whatsoever with respect to such Notes
which would limit the Noteholder’s power to exchange the Notes
hereunder.

    

    5.             Legend.  The
Noteholder acknowledges that it understands that the certificate(s) representing
the Common Stock issuable upon the Exchange or the exercise of the Option will
bear a legend to the following effect unless registered under the Securities Act
of 1933, as amended (the “Securities
Act”):

    

    THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (AS AMENDED,
THE “ACT”) OR UNDER THE SECURITIES LAWS OF ANY STATE.  THIS
SECURITY MAY NOT BE TRANSFERRED, SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED
IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT,
(B) AN EXEMPTION OR QUALIFICATION UNDER APPLICABLE SECURITIES LAWS OR
(C) DELIVERY TO THE COMPANY OF AN OPINION OF COUNSEL REASONABLY
SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
REQUIRED.  ANY ATTEMPT TO TRANSFER, SELL, PLEDGE OR HYPOTHECATE THIS
SECURITY IN VIOLATION OF THESE RESTRICTIONS SHALL BE VOID.

    

    6.             Accredited
Investor.  The Noteholder is an “accredited investor” as
defined in Rule 501(b) promulgated under the Securities Act and understands that
the Common Stock issuable upon the Exchange and the exercise of the Option (the
“Securities”)
have not been registered under the Securities Act or the securities laws of any
state and that the Noteholder is purchasing the Securities for investment
only.  The Noteholder agrees and represents that the Noteholder will
not sell, assign, pledge or otherwise dispose of the Securities unless, in the
opinion of the Company’s counsel, the same may be legally sold or disposed of
without registration or qualification under applicable state or federal
statutes, or the Securities to be disposed of shall have been so registered or
qualified and an appropriate registration statement shall then be in effect; and
the Noteholder understands that it must bear the economic risk of the investment
for an indefinite period of time.

    

    7.             Notice.  Except
as otherwise provided herein, all notices, requests, consents, demands,
approvals and other communications hereunder must be in writing and shall be
deemed to have been duly given, made, served or received (i) on the date when
delivered personally, (ii) on the third day after being sent when mailed first
class mail, postage prepaid, return receipt requested, or (iii) on the next day
after being delivered to an overnight delivery courier, charges prepaid to the
respective parties to this Agreement at the address listed under such party’s
name in the signature block hereof.  The designation of the person to
be so notified or the address of such person for the purposes of such notice may
be changed from time to time by similar notice in writing, except that any
communication with respect to a change of address shall be deemed to be given or
made when actually received by the party to whom such communication was
sent.

     

    
      
        
        

      

      
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    8.             Governing
Law.  This Agreement and the rights and obligations of all
parties hereunder shall be deemed to have been made in the State of New York and
shall be governed by and construed in accordance with, the laws of the State of
New York without giving effect to any choice or conflict of law provision or
rule (whether of the State of New York or any other jurisdiction) that would
cause the application of the laws of any jurisdiction other than the State of
New York.

    

    9.             Authority.  Each
of the undersigned executing this Agreement hereby represents that he or she is
a duly authorized representative and that he or she has authority to execute and
bind the organization on behalf of the organization.

    

    10.           Entire Agreement;
Amendment.  This Agreement contains the entire agreement among the parties hereto with respect
to the transactions contemplated herein, and can be amended only by the written instrument of each
party.

    

    11.           Counterparts.  This
Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

     

    [The
remainder of this page is intentionally left blank.]

     

     

     

     

     

     

     

    
      
        
        

      

      
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    IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be duly executed on the date first written above.

    

     

    
      
        
          	 	NETWORK CN
INC.	 
	 	 	 	 
	
                   

                	
                  By

                	/s/ Godfrey
      Hui	 
	 	Name:  
      	Godfrey
      Hui	 
	 	Title:	Chief
      Executive Officer	 
	 	 	 	 

        

      

    

     

    
       

      
        
          
            
              
                	 	KEYWIN HOLDINGS
      LIMITED	 
	 	 	 	 
	
                         

                      	
                        By

                      	/s/ 	 
	 	Name:  
      	 	 
	 	Title:ex10_3.htm

  
    Exhibit
10.3

     

    LETTER AGREEMENT AND
TERMINATION OF INVESTOR RIGHTS AGREEMENT

    

     

    April 2,
2009

     

    To:  The
Investors (as defined below)

    Cc:  Keywin
Holdings Limited

    

    Re:           Agreement and Termination of
Investor Rights Agreement (“Termination
Agreement”)

     

    Gentlemen:

     

    We refer
to the Investor Rights Agreement (the “Investor Rights Agreement”),
dated as of November 19, 2007, by and among Network CN Inc. (the “Company”); Sculpture Finance
(MD) Ireland Limited,  Sculpture Finance (AS) Ireland Limited and
Sculpture Finance (SI) Ireland Limited (the “Initial Investors”); and OZ
Master Fund, Ltd., OZ Asia Master Fund, Ltd. and OZ Global Special Investments
Master Fund, L.P. (together with the Initial Investors, the “Investors”), pursuant to
which, among other things, the Company granted certain rights to the Initial
Investors in connection with their purchase of 3% Senior Secured Convertible
Notes Due June 30, 2011 of the Company (the “Original Notes”) in aggregate
principal amount of $50,000,000, under that certain Note and Warrant Purchase
Agreement, dated as of November 19, 2007, by and among the Company, the
Investors and certain other parties named therein, as amended by the First
Amendment to the Note and Warrant Purchase Agreement, dated as of January 31,
2008.

    

    As you
know, the Initial Investors have agreed to transfer and sell to Keywin Holdings
Limited (“Keywin”), a
portion of the Original Notes held by them (the “Keywin Note”), pursuant to a
certain Note Purchase Agreement, dated April 2, 2009, by and among Keywin and
the Initial Investors. Keywin desires, among other things, to exchange the
Keywin Note into 307,035,463 shares of the Company’s common stock, in full
satisfaction of the Company’s obligations under the Keywin Note, and to be
granted an option to purchase from the Company an aggregate of 122,814,185
shares of the Company’s common stock for an aggregate purchase price of
$2,000,000, on the terms and conditions set forth in that certain Note Exchange
and Option Agreement, dated as of the date hereof, among the Company and Keywin
(the “Option
Agreement”).   In connection with the foregoing
transactions, the Initial Investors desire, among other things, to exchange the
balance of the Original Notes in the aggregate principal amount of $5,000,000,
for new notes of the Company (the “New Notes”), on the terms and
conditions set forth in that certain Note Exchange Agreement, dated as of the
date hereof, among the Company and the Investors (the “Exchange
Agreement”).

     

    In
consideration of the Company’s agreement to enter onto the Option Agreement and
the Exchange Agreement, and for other good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the Company, Keywin and
the Investors have agreed as follows:

     

    1.     
Termination.  The
Company and each of the undersigned agree to terminate the Investor Rights
Agreement in its entirety, effective upon the execution of this Termination
Agreement and the consummation of the transactions contemplated by the Option
Agreement and the Exchange Agreement  (“Termination
Date”).  As of the Termination Date, the Investor Rights
Agreement will be deemed in all instances and for all purposes to be fully and
finally surrendered and terminated and of no further force and effect, and none
of the parties thereto will have any further rights or obligations thereunder.
The Company and Keywin hereby covenant and agree not to waive, modify or amend
any provision of the Option Agreement prior to the close of the transactions
contemplated therein without the prior written consent of the
Investors.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    2.     
Right of
Co-Sale.

    

    (a)     
In the
event that Keywin, its affiliates and/or any of the persons listed in the
Company’s filings with the Securities and Exchange Commission, as current
officers or directors of the Company (collectively, the “Controlling Stockholders”)
propose to transfer, sell, assign or otherwise dispose of, or transfer, sell,
assign or otherwise dispose of, in each case, directly or indirectly, any of its
or their securities in the Company (the “Selling Controlling
Stockholder”) in a transaction which, together with previous transfers or
sales, would constitute a Change in Control (a “Proposed Transfer”), then each
of the Investors (and their assigns) shall have the right to sell at their sole
election, together with such Selling Controlling Stockholder, up to their entire
interest in the Company (including, for the avoidance of doubt, at such
Investor’s sole election, either the New Notes or the securities issuable upon
and pursuant to the conversion of the New Notes (the “Conversion Shares”));
provided, however, that any such co-sale shall be on the same terms and
conditions agreed to by the Selling Controlling Stockholder (it being understood
that in the event that the Electing Investor elects to transfer the New Notes in
connection with the Proposed Transfer, the consideration for the New Notes shall
equal in the aggregate the consideration payable per Transfer Share (defined
below) multiplied by the aggregate amount of the Conversion Shares without
giving effect to the Conversion Limitation (defined below) (the “Notes Purchase
Price”)).  The Company shall cause the Selling Controlling
Stockholder to deliver (and in the event the Selling Controlling Stockholder is
Keywin and/or any of its affiliates, Keywin shall deliver) to the Investors,
notice of any Proposed Transfer, not later than thirty (30) days prior to the
consummation of such Proposed Transfer (“Transfer
Notice”).  The Transfer Notice shall contain the material terms
and conditions (including price and form of consideration) of the Proposed
Transfer, the amount and type of securities to be transferred and sold by the
Selling Controlling Stockholder (the “Transfer Shares”) and the
identity of the prospective transferee(s) (the “Proposed
Transferee”).  Each Investor who desires to exercise its
co-sale rights hereunder (each an “Electing Investor”) must give
the Selling Controlling Stockholder written notice to that effect within fifteen
(15) days after receipt of the Transfer Notice, which notice shall include the
amount and type of securities in the Company such Electing Investor elects to
transfer to the Proposed Transferee, and upon giving such notice such Electing
Investor shall be deemed to have effectively exercised its right of co-sale
hereunder.  To the extent that any Proposed Transferee prohibits the
participation of any Investor exercising its right of co-sale hereunder in a
Proposed Transfer or otherwise refuses to purchase the New Notes or Conversion
Shares (as applicable) from such Investor(s) exercising its right of co-sale
hereunder, the Selling Controlling Stockholder shall not sell to such Proposed
Transferee any securities of the Company unless and until, simultaneously with
such sale, the Selling Controlling Stockholder shall purchase the New Notes or
the Conversion Shares from such Investor for the same consideration (it being
understood that in the event that the Electing Investor elects to transfer the
New Notes in connection with the Proposed Transfer, the consideration for the
New Notes shall equal the Notes Purchase Price) and on terms no less favorable
than described in the sale notice.  Notwithstanding anything to the
contrary contained herein, in the event that the Electing Investors are required
to provide any representations, warranties or indemnities in connection with the
exercise of their co-sale rights hereunder, each Electing Investor shall
only be required to provide representations, warranties and indemnities
concerning such Electing Investor’s (i) title and ownership of
such securities, and (ii) power and authority to enter into the Proposed
Transfer, and shall not be obligated to make any other representations and
warranties, including without limitation, general Company representations and
warranties; and provided further, with respect to any indemnification required
to be given by such Electing Investor: (a) the liability of such Electing
Shareholder shall be several and not joint, (b) such  Electing
Investor shall be liable for no more than its pro-rata share (based upon
the consideration actually received by it) of any liability
for misrepresentation, breach of warranty or indemnity and (c) the
liability of such Electing Investor with respect to any indemnification
obligation will not exceed the net cash proceeds paid to such Electing Investor
in connection with the Proposed Transfer. Each Electing Investor shall pay
its own expenses incurred in any exercise of its co-sale rights
hereunder.  For the purposes of this Termination Agreement, “Change of Control” means any
transaction or series of related transactions involving (i) a merger,
consolidation, amalgamation, scheme of arrangement, reorganization, or other
similar transaction of the Company with or into any other person in which the
Controlling Stockholders own less than a majority (50.1%) of the outstanding
common stock or voting power of the surviving entity immediately following the
consummation of such transaction, (ii) a transfer or issuance of securities or
voting power of the Company following which the Controlling Stockholders own
less than a majority (50.1%) of the outstanding common stock or voting power of
the Company, (iii) sale, transfer, lease or other disposition of all or
substantially all of the assets of the Company and its subsidiaries (including
the licenses and permits necessary to conduct the business of the Company and
its subsidiaries the People’s Republic of China), or (iv) a transfer of a
majority (50.1%) of the outstanding common stock or voting power of Keywin; and
“affiliate” has the
meaning set forth in Rule 405 under the Securities Act of 1933, as
amended.

    

    
      
        
        

      

      
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    3.     
Note Conversion
Limitation.  Notwithstanding any provision of the New Notes,
the Investors shall not convert, and the Company shall not issue any shares of
the Company’s common stock (“Common Stock”) upon any
attempted conversion or exercise of, any portion of the New Notes, to the extent
that after giving effect to such conversion, the Investors (together with their
affiliates) collectively would have acquired, through the conversion of the New
Notes or otherwise, beneficial ownership of a number of shares of Common Stock
in excess of 9.99% of the aggregate number of shares of Common Stock outstanding
immediately after giving effect to such conversion or exercise (the “Conversion
Limitation”).  For purposes of the foregoing, the number of
shares of Common Stock beneficially owned by the Investors and their affiliates
shall include the number of shares of Common Stock issuable upon conversion of
the New Notes with respect to which such determination is being made, and shall
include additional shares of Common Stock issued to the Investors after the date
hereof, but shall exclude the number of shares of Common Stock which would be
issuable upon (A) conversion of the remaining, nonconverted portion of any New
Notes beneficially owned by the Investors or any of their Affiliates and (B)
exercise or conversion of the unexercised or nonconverted portion of any other
securities of the Company subject to a limitation on conversion or exercise
analogous to the limitation contained herein beneficially owned by the Investors
or any of their Affiliates.  Except as set forth in the preceding
sentence, for purposes of this paragraph, beneficial ownership shall be
calculated in accordance with Section 13(d) of the Securities and Exchange Act
of 1934, as amended (together with the rules and regulations promulgated
thereunder from time to time in effect, the “Exchange Act”).  By not less
than 65 days’ prior written notice to the Company, the Investor may, at its
election, (i) increase or decrease the Conversion Limitation to any other
percentage not in excess of 9.99% specified in such notice, and the Conversion
Limitation shall continue to apply until such 65th day (or
such later date, as determined by the Investor, as may be specified in such
notice); or (ii) waive in whole or in part permanently or temporarily at
any time the provisions of this Section and this Section shall not be waived
until such 65th day (or
such later date, as determined by the Investor, as may be specified in such
notice).

    

    4.     
Representations of the
Parties.  Each of the Company and the undersigned hereby
represents and warrants to each other that it has all necessary power and
authority to execute the Termination Agreement on its own behalf, and that the
Termination Agreement constitutes a legal, valid and binding obligation of the
Company and each of the undersigned, as the case may be, enforceable against
each of them in accordance with its terms, except that such enforcement may be
subject to (i) bankruptcy, insolvency, reorganization, moratorium or other
similar laws affecting or relating to enforcement of creditors’ rights
generally, and (ii) general principles of equity.

    

    
      
        
        

      

      
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    5.     
Governing
Law.  This Termination Agreement and the rights and obligations
of all parties hereunder shall be deemed to have been made in the State of New
York and shall be governed by and construed in accordance with, the laws of the
State of New York without giving effect to any choice or conflict of law
provision or rule (whether of the State of New York or any other jurisdiction)
that would cause the application of the laws of any jurisdiction other than the
State of New York.

    

    6.     
Specific
Enforcement.  Upon a breach by the Company and/or Keywin of
this Termination Agreement, in addition to any such damages as the Investors are
entitled to, directly or indirectly, by reason of said breach, the Investors
shall be entitled to injunctive relief against the Company and/or Keywin if such relief is
applicable and available, as a remedy at law would be inadequate and
insufficient.  Nothing in this paragraph shall be construed as
limiting the Investors’ remedies in any way.

    

    7.     
Public
Disclosure. The
parties hereto will consult with each other before issuing, and provide each
other the opportunity to review and comment upon and use reasonable efforts to
agree on any press release, filing with the Securities Exchange Commission or
public statement with respect to this Agreement and the transactions
contemplated hereby and under the other Transaction Documents, and will not
issue any such press release or make any filings with the Securities Exchange
Commission or any public statement prior to such consultation and (to the extent
practical) agreement, except as may be required by law.

    

    8.     
Successors and
Assigns.  Except as otherwise provided herein, the terms and
conditions of this Termination Agreement shall be binding upon, and inure to the
benefit of, the respective representatives, successors and assigns of the
parties hereto; provided, however, that subject to applicable laws and
regulations, this Termination Agreement and all rights hereunder may be
transferred or assigned in whole or in part by the Investors, and the Company
and Keywin shall assist the Investors in consummating any such transfer or
assignment.

    

    9.     
Entire Agreement;
Amendment.  This Termination Agreement and the other documents and agreements executed in connection with
this Termination Agreement and referenced herein contain the entire agreement
among the parties hereto with respect to the transactions contemplated
herein, and can be amended
only by the written instrument of each party.

    

    10.    Counterparts.  This
Termination Agreement may be executed in two
or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument.

    

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    If the
foregoing provisions correctly state our understanding with respect to the above
matters, please indicate your agreement by signing two copies of this letter in
the space provided below and returning one of the copies to us.

     

     

    
      
        
          	 	Very
      truly yours,	 
	 	 	 	 
	 	NETWORK CN
INC.	 
	 	 	 	 
	 	 	 	 
	
                   

                	
                  
                    By:
      

                  

                	/s/ Godfrey
      Hui   	 
	 	Name: 	Godfrey
      Hui	 
	 	Title:	Chief Executive Officer	 
	 	 	 	 

        

      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    Acknowledged
this _2_ day
of  April, 2009:

     

     

     

    
      	
              SCULPTOR
      FINANCE (MD) IRELAND 

              LIMITED

            	 	
              OZ
      GLOBAL SPECIAL INVESTMENTS 

              MASTER
      FUND, L.P.

            	 
	 	 	 	 
	 	 	 	 
	By:
      	/s/ Carmel
      Naughton  	 	By:
      OZ Advisors II LP, its General Partner	 
	Name:
      Carmel Naughton	 	By:
      Och-Ziff Holding LLC, its General Partner	 
	Title:  Director	 	 	 
	 	 	 	 
	 	 	By:	/s/ Joel
    Frank	 
	 	 	Name:
      Joel Frank	 
	 	 	Title:
      CFO	 
	 	 	 	 
	
              SCULPTOR
      FINANCE (SI) IRELAND 

              LIMITED

            	 	OZ
      MASTER FUND, LTD.	 
	 	 	 	 
	 	 	By:
      OZ Management LP, its Investment Manager	 
	 	 	By:
      Och-Ziff Holding Corporation, its General Partner	 
	By:
      	/s/ Carmel
      Naughton   	 	 	 
	Name:
      Carmel Naughton	 	 	 
	
              Title:  Director

            	 	By:	/s/ Joel
    Frank	 
	 	 	Name:
      Joel Frank	 
	 	 	Title:
      CFO	 
	 	 	 	 
	
              SCULPTOR
      FINANCE (AS) IRELAND 

              LIMITED

            	 	OZ
      ASIA MASTER FUND, LTD.	 
	 	 	 	 
	 	 	By:
      OZ Management LP, its Investment Manager	 
	 	 	By:
      Och-Ziff Holding Corporation, its General Partner	 
	By:
      	/s/ Jennifer
      Coyne  	 	 	 
	Name:
      Jennifer Coyne 	 	 	 
	Title:  Director	 	By:	/s/ Joel
    Frank	 
	 	 	Name:
      Joel Frank	 
	 	 	Title:
      CFO	 
	 	 	 	 
	 	 	 	 
	KEYWIN
      HOLDINGS LIMITED	 	 	 
	 	 	 	 
	 	 	 	 
	By:	/s/	 	 	 
	Name:	 	 	 
	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}]]