Document:

Exclusive Option Agreement dated January 16, 2006

 EXHIBIT 4.76 
 LAHIJI VALE LIMITED 
 Wang Xiu Ling 
 and 
 Beijing Lei Ting Wan Jun Network Technology Company Limited

 Exclusive Option Agreement 
 Dated January 16, 2006 

 Exclusive Option Agreement 
 This exclusive option agreement (hereinafter referred to as the “Agreement”) is entered into as of January 16, 2006 by and among: 
  

	1.	LAHIJI VALE Limited, a limited company incorporated and existing under the laws of British Virgin Islands with its registered address at Offshore Incorporations Limited, P.O. Box
957, Offshore Incorporations Centre, Road Town, Tortola, the British Virgin Islands (hereinafter referred to as “Party A”); 

  

	2.	Wang Xiu Ling, a Chinese citizen whose identity card number is 110105630722252, and whose residence address is Room 101, Unit 3, Building No. 7, East Shen Wu Li, Chaoyang
District, Beijing (hereinafter referred to as “Party B”); and 

  

	3.	Beijing Lei Ting Wan Jun Network Company Limited, a limited company incorporated and existing under the laws of the People’s Republic of China (hereinafter referred to as the
“PRC”) with its registered address at Room 601, Building C, South Xi Huan Road, Beijing economic and technology development area, Beijing. (hereinafter referred to as “Party C”). 

 In this Agreement, Party A, Party B and Party C shall be hereinafter individually referred to as a “Party” and collectively the “Parties”.

 WHEREAS, 
  

	1.	Party B holds 80% of the equity interest in Party C. 

  

	2.	Party A and Party B entered in to a Loan Agreement on January 16, 2006. (hereinafter referred as the “Loan Agreement”) 

  

	3.	Party C and Beijing Lahiji Technology Development Co., Ltd., which is a wholly-owned subsidiary of Party A’s affiliate, entered into a series of agreements including
Exclusive Technical and Consulting Services Agreement. 

 Through consultations, it is hereby agreed as follows: 
  

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	1.	Stock Option and Exercise 

  

	 	1.1	Stock Option Grant 

 Party B hereby irrevocably grants
Party A an irrevocable exclusive right to purchase in person or designate one person or several persons (hereinafter referred to as the “Designee(s)”) to purchase the whole or the portion of the equity in Party C held by Party B at any
time following the steps determined at the Party A’s discretion and at the price prescribed in Article 1.3 of this Agreement to the extent permitted by the laws of the People’s Republic of China (hereinafter referred to as “PRC”)
(the “Stock Option”). Except for Party A and the Designee(s), any third party shall not be entitled to the Stock Option. Party C hereby agrees that Party B shall grant Party A the Stock Option. The term “person” as referred to in
this paragraph and this Agreement means individual, company, joint venture, partnership, enterprise, trusts or non-incorporate organizations. 
  

	 	1.2	Steps of Exercise of Stock Option 

 Party A’s exercise
of the Stock Option shall comply with the laws and regulations of the PRC. And Party A shall issue a notice to Party B (the notice hereinafter referred to as the “Notice of Purchase”) which shall specify: 
  

	 	(a)	Party A’s decision to exercise the Stock Option; 

  

	 	(b)	The number of shares to be purchased from Party B (hereinafter referred to as the “Option Stock”); 

  

	 	(c)	The purchase date / the equity transfer date. 

  

	 	1.3	Purchase Price 

 The purchase price of the Option Stock
(hereinafter referred to as the “Purchase Price”) shall be equal to the Party B’s actual capital contribution made by Party B for subscribing the equity unless evaluation is required subject to the law. 
  

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	 	1.4	Transfer of the Option Stock 

 Each time When Party A
exercises the Stock Option: 
  

	 	(1)	Party B shall procure Party C to convene a shareholders’ meeting promptly, shall pass the resolution to approve such Option Transfer from Party B to Party A and/or its
Designee(s). 

  

	 	(2)	Party B shall execute an equity transfer contract with Party A or Party A’s Designee (if applicable) pursuant to the provisions of this Agreement and the Notice of Purchase.

  

	 	(3)	The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government approvals and permits and take all necessary actions, to
assign to Parry A and/or its Designee(s) the valid title to the Option Stock free from any encumbrance of any security interest, and to cause Party A and/or its Designee(s) to be registered as the legal holder of the Option Stock. For the purpose of
this paragraph and this Agreement, “security interest” shall include security, mortgage, third party’s right or interest, any stock option, acquisition right, pre-emptive right, right to offset, ownership retention or other security
arrangements etc., For avoidance of confusion, the foresaid security interest shall be except for any security interest arising from this Agreement or Party B’s Equity Pledge Agreement. The “Party B’s Equity Pledge Agreement”
referred to in this clause and this Agreement means the Equity Pledge Agreement executed by and between Beijing Lahiji Technology Development Company Limited. and Party B on the same date hereof, under which Party B pledges all of its equity in
Party C to Beijing Lahiji Technology Development Company Limited in order to guarantee Party C’s performance of its obligations under the “Exclusive Technical and Consulting Service Agreement” executed by and between Party C and
Beijing Lahiji Technology Development Company Limited. 

  

	 	1.5	Payment 

 Whereas, the Loan Agreement executed by Party A
and Party B, as well as other loan contracts or agreements executed after at any time, the Parties agreed that any income gained by Party B for transferring its equity in Party C shall be used to repay the Loan provided by Party A in accordance with
the Loan Agreement entered into by and between Party B and Party A, as well as other loan contracts or agreements. Hence, the Purchase Price shall be used to repay Party A’s loan by Party B when Party A exercises its Stock Option, Party A shall
exempt from paying the Purchase Price to Party B. 
  

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	2.	Covenants and Undertakings to Stock Option 

  

	 	2.1	Covenants and Undertakings of Party C 

 Party C hereby
undertakes as follows: 
  

	 	(a)	Without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall not supplement, amend or
modify in any ways the Articles of Association of Party C, or increase or decrease its registered capital, or reform the shareholding structure in any other way; 

  

	 	(b)	It shall maintain its effective existence, and effectively operate and deal with its business duly and diligently in accordance with the good financial and commercial code and
practice; 

  

	 	(c)	Without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall not sell, assign,
mortgage 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 after the execution of the Agreement. 

  

	 	(d)	Without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall not conduct, accede,
guarantee or bear any debt, except that (i) the debts are incurred in the normal or daily business other than through a loan; or (ii) the debts which have been disclosed to Party A or with a written consent of Party A;

  

	 	(e)	It shall operate all of its business in the ordinary course of its business to maintain its asset value and shall not conduct any act or omission which may affect its operating
status and asset value. 

  

	 	(f)	Without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall not enter into any
material agreement except the agreements 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)	Without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall not provide any person a
loan or credit; 

  

	 	(h)	It shall provide Party A the information in connection with Party C’s operation status and asset value upon Party A’s request; 

  

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

  

	 	(j)	Without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall not merge and
consolidate with, invest in or be acquire by any person; 

  

	 	(k)	It shall notify Party A when any legal action, arbitration or administrative procedure relating to Party C’s assets, business and incomes occurs or is likely to occur;

  

	 	(l)	For the purpose of maintaining ownership on all 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)	Without the proper written consent of Party A, it shall not distribute in any way any dividends to its shareholders, however, once upon Party A’s request, it shall immediately
allot all distributable profits to its shareholders; and 

  

	 	(n)	Upon the request of Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall appoint any persons designated by Heng Dong Wei
Xin Science and Technology Co., Ltd. (Beijing) as Party C’s directors. 

  

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	 	2.2	Covenants and Undertakings of Party B 

 Party B hereby
undertakes as follows: 
  

	 	(a)	Without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall not sell, assign,
mortgage or dispose in any other ways any legitimate right or benefit interest in connection with its equity, or create any security interest over the same, except for the pledge on such equity provided in Party B’s Equity Pledge Agreement;

  

	 	(b)	It shall procure that the shareholders’ meeting, without a written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of
Party A in the PRC, shall not approve sale, assignment, pledge or disposal in any way of any legitimate right or benefit interest in connection with its equity, or any creation of security interest over the same, except for the pledge on such equity
provided in Party B’s Equity Pledge Agreement; 

  

	 	(c)	It shall procure the shareholders’ meeting, without prior written consent of Party A or Beijing Lahiji Technology Development Company Limited, an affiliate company of
Party A in the PRC, shall not approve Party C’s merger with, consolidation with, acquisition by or investment in any other person; 

  

	 	(d)	It shall notify Party A immediately when any legal action, arbitration or administrative procedure relating to its equity occurs or is likely to occur; 

  

	 	(e)	It shall procure the shareholders’ meeting to approve the Option Stock transfer as set forth in this Agreement; 

  

	 	(f)	For the purpose of maintaining ownership on its 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. 

  

	 	(g)	Upon the request of Beijing Lahiji Technology Development Company Limited, an affiliate company of Party A in the PRC, it shall appoint any persons designated by Beijing Lahiji
Technology Development Company Limited as Party C’s directors; 

  

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	 	(h)	Upon Party A’s request from time to time, it shall unconditionally and promptly transfer its equity to the representatives designated by Party A at any time and waive its
pre-emptive right in connection with the equity transfer conducted by the other shareholder of Party C; and 

  

	 	(i)	It shall observe the provisions and perform its obligations under this Agreement and other agreements separately or jointly entered into by Party A, Party B, Party C and Beijing
Lahiji Technology Development Company Limited, and shall not conduct any act or omission which will materially affect the validity and enforceability of the above-mentioned agreements. 

  

	3.	Representations and Warranties 

 Representations
and Warranties of Party B and Party C 
 Party B and Party C hereby represent and warrant to Party A as of the execution date of this
Agreement and each transfer date of the Option Stock severally and jointly as follows: 
  

	 	(1)	They have the authority to execute and deliver this Agreement and any share transfer contracts which they are the parties concerning the Option Stock to be transferred hereunder
(each share transfer contract hereinafter referred to as “Transfer Contract”), and to perform their obligations under this Agreement and any Transfer Contract. The execution of this Agreement and the Transfer Contract which they are
parties shall constitute their legal, valid and binding obligations and shall be enforceable against them with the provisions thereof; 

  

	 	(2)	The execution and deliver of this Agreement or any Transfer Contract, or the performance of any obligations under this Agreement or any Transfer Contract shall not: (i) violate
any applicable laws of the PRC; (ii) conflict with their respective articles of association or any other institutional documents; (iii) violate any contracts or instruments to which they are the parties or which are binding on them, or
constitute any breach under any contracts or instruments to which they the parties or which are binding on them; (iv) violate any grants, licenses or permits issued to either of them, and/or any existing and effective conditions; or
(v) impose additional conditions to, suspend or withdraw any licenses or permits issued to either of them. 

  

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	 	(3)	Party B has a good and merchantable title to all of its assets without any encumbrance of security interest on the foregoing assets; 

  

	 	(4)	Party C does not have any outstanding debt, except for (i) the debts incurred in the ordinary course of business; and (ii) the debt which is already disclosed to Party A
and for which Party A’s written consent has been obtained. 

  

	 	(5)	Party C is abide by the laws and regulations applicable to the asset acquisition; and 

  

	 	(6)	There are no ongoing, pending or possible litigation, arbitration or administrative procedure relating to the equity in Party C held by Party B, Party C’s assets or Party C.

  

	4.	Effective Date 

 This Agreement shall take effect
upon the date of execution of this Agreement and remain effective for a term of 10 years, which may be renewed for an additional 10 years at Party A’s discretion. 
  

	5.	Applicable Laws and Dispute Settlement 

  

	 	5.1	Applicable Laws 

 The execution, effectiveness,
construction and performance of this Agreement and dispute settlement hereunder shall be governed by the laws of the PRC. 
  

	 	5.2	Dispute Settlement 

 In the event of any dispute with
respect to the construction and performance of the provisions of this Agreement, the Parties shall negotiate friendly to resolve such disputes. If the dispute can not be resolved within 30 days after any Party sends a written notice to request for
friendly resolution, any Party may submit the relevant dispute to the China International Economics and Trade Arbitration Commission for resolution by arbitration in accordance with its then-effective arbitration rules. The arbitration shall be
performed in Beijing. The award shall be final and binding upon both Parties. 
  

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	6.	Taxation and Fees 

 Each Party shall pay and bear
any transfer and registration taxes, expense and fees incurred or levied in accordance with the laws of the People’s Republic of China in connection with the preparation and execution of this Agreement and the Transfer Contracts, and the
fulfillment of the transactions contemplated in this Agreement and the Transfer Contracts. 
  

	7.	Notice 

 Any notice or other correspondences given
by any Party shall be written in Chinese, and shall be sent to the following addresses or any other designated addresses notified by other Party from time to time by courier, mail or facsimile. The date when such notices shall be deemed as being
actually served shall be determined as follows: (i) if a notice is sent by a courier, it shall be deemed actually served on the delivery date; (ii) if a notice is sent by a mail, on the tenth day (as indicated on the postmark) after the
notice is sent by a registered postage-prepaid air mail, or on the fourth day after the notice is given to an international-recognized express courier, it shall be deemed actually served; and (iii) if a notice is sent by a facsimile, the time
of receipt shown on the transmission confirmation sheet of the documents shall be deemed as the time of actual service. 
 Party A: LAHIJI
VALE LIMITED 
 Address: Offshore Incorporations Limited, P.O. Box 957, Offshore Incorporations Center, Road Town, Tortola, British Virgin
Islands.(Care Of) 
 Facsimile: 1-284-494-5132 
 Circulate to: Floor 48, Central Plaza, No 99 Queen Avenue, HongKong. 
 Attention: Secretary of the Company

 Facsimile: 852-2189-7446 
 Party B: Wang Xiu Ling 
 Address: Room 101, Unit 3, Building No. 7, East Shen Wu Li, Chaoyang District, Beijing

 Party C: Beijing Lei Ting Wan Jun Network Company Limited 
 Address: Room 601, Building C, South Xi Huan Road, Beijing economic and technology district, Beijing 
 Facsimile: 010-85181160 
  

	8.	Confidentiality 

 The Parties acknowledge and
confirm that all the oral or written information in connection with this Agreement exchanged by the Parties is the confidential information. The Parties shall keep them confidential, and shall not disclose such confidential information to any third
party without the prior written consent from the other Party except for: (i) such information has been 

  

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disclosed or is to be disclosed to the public (except being disclosed to the public by the recipient at its discretion); (ii) such information shall be
disclosed to the public in accordance with the laws of the applicable law, or the regulations or practices of the Hong Kong Stock Exchange; or (iii) such information needs to be disclosed for the transactions prescribed in this Agreement to the
legal counsel or financial advisor who shall bear the confidential obligations hereof. However, if this Clause is violated by employee or the engaged organization of any Party, it shall be deemed as violation of the Party, and the Party shall bear
the liability of breach. This Clause shall survive any termination of this Agreement. 
  

	9.	Further Undertakings 

 The Parties agree to promptly
execute the documents which are reasonably required or positive for the purpose of implement of this Agreement, and to take further actions which are reasonably required or positive for the purpose of implement of this Agreement. 
  

	10.	Miscellaneous 

  

	 	10.1	Amendments, Modifications and Supplements 

 It is required
to execute a written agreement by all the Parties for any amendments, modifications and supplements of this Agreement. 
  

	 	10.2	Compliance with laws and regulations 

 Each Party shall
ensure that operations of each Party are in compliance with all formally published and publicly available laws and regulations of the People’s Republic of China. 
  

	 	10.3	Entire Agreement 

 Except for the written amendments,
supplements and modifications entered into after the execution of this Agreement, this Agreement and the appendix 1 to this Agreement constitute entire agreement entered into by all the Parties with respect to the subject matter hereof, and
supersede any other prior consultations, statements and contracts, whether oral or written, with respect to the subject matter hereof. 
  

	 	10.4	Headings 

 The headings of this Agreement are only for
convenience and shall not be used to construct, illustrate or otherwise affect the meanings of the provisions hereof. 
  

	 	10.5	Languages 

 This Agreement is written in Chinese with 3
copies. 
  

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	 	10.6	Severability 

 If any provision(s) of this Agreement is
held to be invalid, illegal or unenforceable subject to any law or regulations, the provision shall not affect or derogate the validity, legality or enforceability of the remaining provisions. The Parties shall negotiate in good faith to strive to
replace the invalid, illegal or unenforceable provisions by valid substitute provisions, the effect of which shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions. 
  

	 	10.7	Successors 

 This Agreement shall be binding on and shall
insure to the interest of the respective successor of the Parties and the permitted assignees of the Parties. 
  

	 	10.8	Survival 

  

	 	(1)	Any obligations that occur or that are due upon the expiration or early termination of this Agreement shall survive the expiration or early termination thereof.

  

	 	(2)	The provisions of Clauses 5, 7, 8 and 10.8 shall survive the termination of this Agreement. 

  

	 	10.9	Waivers 

 Each Party may waive the terms and conditions of
this Agreement, and such waivers shall be conducted in writing with the execution of all Parties. The waiver made by a Party in some certain circumstances due to other Party’s default shall not be deemed as a waiver made by such Party in other
circumstances due to similar defaults. 
 IN WITNESS WHEREOF, the Parties have caused their respective duly authorized representatives to execute this
Agreement as of the date first above written. 
  

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 [Execution Page] 
 Party A: LAHIJI VALE LIMITED 
 Legal Representative: Wang Lei Lei 
 (Signature): 
 Party B: Wang Xiu Ling 
 (Signature): 
 Party C: Beijing Lei Ting Wan Jun Network Company Limited 
 Legal Representative: Wang Lei Lei 
 (Signature): 
 Seal: 
  

 12Equity Pledge Agreement, dated January 16, 2006

 EXHIBIT 4.77 
 SHARE PLEDGE AGREEMENT 
 This Share Pledge Agreement (this “Agreement”) is executed on January 16,
2006 in Beijing by and between: 
 Pledgee: Beijing Lahiji Technology Development Co., Ltd. (“Pledgee”) 
 Registered Address: Room 601, Unit C, No. 18 of Xi Huan Road (S), Economic-Technological Development Area, Beijing 
 AND 
 Pledgor: Wang Xiu Ling (“Pledgor”) 
 Gender: Female 
 PRC Identity Card Number: 110105630722252 
 Address: No. 101, Unit 3, Building 7, Wu Sheng Bystreet (E), Chaoyang District, Beijing 
 WHEREAS, 
  

	1.	The Pledgor, Wang Xiu Ling, is a citizen of the People’s Republic of China ( the “PRC”) and owns 80% shares of Beijing Lei Ting Wan Jun Network Technology Company
Limited (“Lei Ting Wan Jun”), a company registered in Beijing, PRC for providing Internet information service. 

  

	2.	The Pledgee is a wholly foreign-owned company registered in Beijing, PRC and has been licensed by the relevant governmental authorities of PRC to provide Internet technical
services. The Pledgee and Lei Ting Wan Jun owned by the Pledgor entered into an Exclusive Technical and Consulting Services Agreement (the “Service Agreement”) on November 30, 2004. 

  

	3.	In order to ensure that the Pledgee is able to collect technology consultancy service fees from Lei Ting Wan Jun owned by the Pledgor, the Pledgor is willing to pledge all his
equity interest owned in Lei Ting Wan Jun to the Pledgee as a security for such service fees under the Service Agreement. 

  

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 For the purpose of performing the Service Agreement, the Pledgor and the Pledgee hereby mutually agree to enter into this
Agreement as per the following terms: 
  

	1.	Definitions 

 Unless otherwise provided in this
Agreement, the following terms shall have the following meanings: 
  

	 	1.1	“Pledge” means the full content set forth in Article 2 hereunder 

  

	 	1.2	“Equity Interest” means the 80% shares legally held by the Pledgor in Lei Ting Wan Jun. 

  

	 	1.3	“Pledge Ratio” means the proportion between the value of the Equity Interest pledged under this Agreement and the exclusive technical and consulting services fees under
the Service Agreement. 

  

	 	1.4	“Pledge Term” means the term set forth in Article 3.2 hereunder. 

  

	 	1.5	“Service Agreement” means the Exclusive Technical and Consulting Services Agreement executed by and between Lei Ting Wan Jun and the Pledgee on November 30, 2004.

  

	 	1.6	“Events of Default” means any event set forth in Article 7 hereunder. 

  

	 	1.7	“Notice of Default” means the notice to announce the event of default issued by the Pledgee in accordance with this Agreement. 

  

	2.	Pledge Transfer and Pledge 

 The Pledgor agrees to
pledge all his Equity Interest owned in Lei Ting Wan Jun to the Pledgee. The Pledge means the priority right of the Pledgee to be paid from the monies of conversion, auction, or sale of the Equity Interest pledged to the Pledgee by the Pledgor.

  

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	3.	Pledge Ratio and Pledge Term 

  

	 	3.1	Pledge Ratio 

 The Pledge Ratio of Pledge shall be
approximately 100%. 
  

	 	3.2	Pledge Term 

  

	 	3.2.1	The Pledge of the Equity Interest under this Agreement shall take effect as of the date at which the shares pledged under this Agreement are recorded in the Register of Shareholders
of Lei Ting Wan Jun and are registered with the administration of industry and commerce. The Pledge hereby shall have the same term as the Service Agreement. 

  

	 	3.2.2	The Pledgee is entitled to dispose of the Pledge hereunder if Lei Ting Wan Jun fails to pay the technical and consulting services fees subject to the Service Agreement during the
Pledge. 

  

	4.	Physical Possession of Documents 

  

	 	4.1	During the Pledge Term set forth in this Agreement, the Pledgor shall deliver the Certificate of Contribution to the Equity Shares and the Register of Shareholders in Lei Ting Wan
Jun to the Pledgee for its physical possession. The Pledgor shall deliver the aforesaid certificate and register to the Pledgee within one week from the execution date hereof. 

  

	 	4.2	The Pledgee shall be entitled to collect the dividends from the Equity Interest. 

  

	5.	Representations and Warranties by the Pledgor 

  

	 	5.1	The Pledgor is the legal owner of the Equity Interest. 

  

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	 	5.2	The Pledgee’s rights shall be in no event interfered by any other party once the Pledgee exercises such rights in accordance with this Agreement. 

  

	 	5.3	The Pledgee shall be entitled to dispose of or assign the Pledge in accordance with the methods set forth in this Agreement. 

  

	 	5.4	No other pledge has ever been made on the Equity Interest other than the Pledgee. 

  

	6.	Covenants by the Pledgor 

  

	 	6.1	During the effective term of this Agreement, the Pledgor undertakes to the Pledgee that the Pledgor shall: 

  

	 	6.1.1	not transfer the Equity Interests, create or permit to create any pledge which may have an adverse effect on the rights or interests of the Pledgee without prior written consent of
the Pledgee except for the transfer of the Equity Interest to Lahiji Vale Limited (“Lahiji”) or the persons appointed by Lahiji pursuant to the Exclusive Share Purchase Agreement executed by and among the Pledgor, Lahiji and Lei Ting Wan
Jun on January 16, 2006; 

  

	 	6.1.2	comply with and implement the provisions of laws and regulations with respect to the pledge of rights; present to the Pledgee the notices, orders or suggestions with respect to the
Pledge issued or made by the competent authorities within five days upon receipt of such notices, orders or suggestions while abiding by such notices, orders or suggestions; or make argument and presentation against such items in accordance with the
reasonable request of the Pledgee or approved by the Pledgee; 

  

	 	6.1.3	timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s Equity Interest or any part of its right, and any events or any received notices
which may change the Pledgor’s any covenant and obligation set forth in this Agreement or which may affect the Pledgor’s performance of his obligations under this Agreement. 

  

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	 	6.2	The Pledgor agrees that the Pledgee’s right to exercise the Pledge obtained from this Agreement shall not be suspended or hampered by the legal proceedings brought by the
Pledgor or any successor to the Pledgor or any person authorized by the Pledgor or any other person. 

  

	 	6.3	The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical and consulting services fees under the Service Agreement, the
Pledgor shall execute in good faith and cause other interested parties of the Pledge to execute all certificates of rights, contracts, and /or perform and cause other interested parties of the Pledge to take actions as required by the Pledgee and
provide assistance to the exercise of the rights and authorization by the Pledgee granted by this Agreement, and execute all the documents with respect to the changes of the Certificate of Equity Interest with the Pledgee or any person (natural
person/ legal person) designated by the Pledgee, and submit to the Pledgee all the notices, orders or decisions concerning the Pledge as deemed necessary by the Pledgee within a reasonable time. 

  

	 	6.4	The Pledgor warrants to the Pledgee that the Pledgor shall comply with and perform all the warranties, covenants, agreements, representations and conditions for the benefits of the
Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee in the event that the Pledgor fails to perform or fully perform such warranties, covenants, agreements, representations and conditions. 

  

	7.	Events of Default 

  

	 	7.1	The following events shall be deemed as the Events of Default: 

  

	 	7.1.1	Lei Ting Wan Jun fails to make full payment of technical and consulting services fees due under the Services Agreement as scheduled; 

  

	 	7.1.2	The representations or warranties made in Article 5 hereof by the Pledgor are materially misleading or fraudulent, and/or the Pledgor violates any of the representations and
warranties in Article 5 hereof; 

  

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	 	7.1.3	The Pledgor violates any of the covenants in Article 6 hereof; 

  

	 	7.1.4	The Pledgor violates any terms herein; 

  

	 	7.1.5	The Pledgor waives the pledged Equity Interest or transfers the pledged Equity Interest without prior written consent of the Pledgee except otherwise agreed in Article 6.1.1 hereof;

  

	 	7.1.6	Any loan, guarantee, compensation, covenants or any other liabilities of the Pledgor (1) are required to be repaid or performed prior to the scheduled date for default; or
(2) are due but can not be repaid or performed as scheduled, which causes the Pledgee to deem that the Pledgor’s capacity to perform the obligations herein is affected; 

  

	 	7.1.7	The Pledgor can not repay the general debt or other debt; 

  

	 	7.1.8	This Agreement becomes illegal or the Pledgor can not continue to perform the obligations herein due to the promulgation of any relevant laws; 

  

	 	7.1.9	Any approval, permit, license or authorization of the governmental authorities required by the enforceability, validity and effectiveness of this Agreement are withdrawn, suspended,
invalidated or materially amended; 

  

	 	7.1.10	Adverse changes of the Pledgor’s property occur and cause the Pledgee to deem that the capability of the Pledgor to perform the obligations herein is affected;

  

	 	7.1.11	Lei Ting Wan Jun’s successor or trustee can only perform part of or refuse to perform the payment liability under the Service Agreement; 

  

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	 	7.1.12	Other circumstances where the Pledgee is incapable of exercising the right to dispose of the Pledge in accordance with the related laws. 

  

	 	7.2	The Pledgor shall immediately give a written notice to the Pledgee once he is aware of or find any event set forth in this Article 7.1 or upon occurrence of any event that may
result in the foregoing items. 

  

	 	7.3	Unless the Events of Default set forth in Article 7.1 hereof have been successfully solved to the Pledgee’s satisfaction, the Pledgee may, at any time upon or after occurrence
of the Event of Default, give a written Notice of Default to the Pledgor requiring the Pledgor to immediately make full payment of the outstanding fees under the Service Agreement and other payment due or dispose of the Pledge in accordance with
Article 8 herein. 

  

	8.	Exercise of the Right of the Pledge 

  

	 	8.1	The Pledgor shall not transfer the Pledge without prior written consent of the Pledgee prior to the full repayment of the technical and consulting services fees under the Service
Agreement. 

  

	 	8.2	The Pledgee shall give a Notice of Default to the Pledgor before the exercise of the right of Pledge. 

  

	 	8.3	Subject to Article 7.3, the Pledgee may simultaneously exercise the right to dispose of the Pledge at the time when the Notice of Default is given in accordance with Article 7.3 or
may exercise such right after such Notice of Default is given. 

  

	 	8.4	The Pledgee shall be entitled to realize the priority right to be paid from the monies of conversion, auction or sale of whole or part of the Equity Interest pledged herein through
legal procedures until the outstanding technical and consulting services fees under the Service Agreement and all other payment due are fully paid. 

  

	 	8.5	The Pledgor shall not prevent the Pledgee from disposing of the Pledge in accordance with this Agreement and shall give necessary assistance for the Pledgee to realize its Pledge.

  

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	9.	Assign 

  

	 	9.1	The Pledgor shall not be entitled to donate or assign his rights and obligations under this Agreement without prior consent of the Pledgee. 

  

	 	9.2	This Agreement shall be binding upon the Pledgor and his successor and shall be binding upon the Pledgee and its successor and assignee. 

  

	 	9.3	The Pledgee may at any time assign all or any rights and obligations under the Service Agreement to the designated person (natural person/ legal person). In this case, the assignee
shall, like one party to this Agreement, have the same rights and undertake the same obligations herein as the Pledgee. In the event that the Pledgee assigns the rights and obligations under the Service Agreement, the Pledgor shall, at the request
of the Pledgee, sign relevant agreements and/or documents with respect to such assignment. 

  

	 	9.4	After the change of Pledgee resulting from the assignment, the new parties to the pledge shall re-execute a pledge contract. 

  

	10.	Termination 

 This Agreement shall not be terminated
until the technical and consulting services fees under the Service Agreement are fully paid and Lei Ting Wan Jun is not liable for any obligations under the Service Agreement. The Pledgee shall cancel or terminate this Agreement within a reasonable
time as soon as practicable. 
  

	11.	Charges and Other Costs 

  

	 	11.1	The Pledgor shall be responsible for all the costs and actual expenses in relation to this Agreement, including but not limited to legal fees, cost of production, stamp tax and any
other taxes and costs. The Pledgee shall be fully reimbursed by the Pledgor for any taxes and fees paid by the Pledgee in accordance with the laws. 

  

 8 

	 	11.2	The Pledgor shall be responsible for all the fees (including but not limited to any taxes, charges, management fees, court fees, attorney’s fees, and various insurance premiums
concerning the disposal of the Pledge) incurred from the Pledgor’s failure to pay any due taxes, fees or charges pursuant to this Agreement or any other reasons for which the Pledgee has to recourse by any means. 

  

	12.	Force Majeure 

  

	 	12.1	In case the performance of this Agreement is delayed or prevented by any force majeure event, the Party so affected may not assume any liability under this Agreement for such
performance so delayed or prevented. Force majeure event means any event that is beyond one Party’s reasonable control and whose occurrence is unavoidable and unpreventable regardless of reasonable care of the Party so affected, including but
not limited to government act, act of nature, fire, explosion, geographic change, storm, flood, earthquake, tide, lightning or war. However, any shortage of credit, capital or financing shall not be deemed as the event beyond one Party’s
reasonable control. The affected Party seeking for exemption from performing any obligations under this Agreement or under any Article hereof shall notify the other Party of such exemption promptly and advise the other Party of the actions to be
taken for completion of the performance. 

  

	 	12.2	The Party affected by Force Majeure shall not assume any liability under this Agreement provided, however, that the Party so affected has used its reasonable and practicable efforts
to perform this Agreement, the Party seeking for immunity may be exempted from performing such liability only to the extent of such performance so delayed or prevented. Once the causes for such immunity are corrected and remedied, the Parties agree
to resume performance hereunder with their best efforts. 

  

	13.	Settlement of Dispute 

  

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

  

 9 

	 	13.2	The Parties hereto shall strive to settle any dispute arising from the interpretation or performance hereof through friendly consultation. In case no settlement can be reached
through consultation, any Party may submit such dispute to China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration pursuant to the current CIETAC Rules. The arbitration shall be conducted in Chinese in
Beijing. The arbitral award shall be final and binding upon the Parties. 

  

	14.	Notice 

 Any notice that is given by the
Party/Parties hereto for the purpose of performing the rights and obligations hereunder shall be in writing. Where such notice is delivered personally, the actual delivery time is regarded as notice time; where such notice is transmitted by telex or
facsimile, the notice time is the time when such notice is transmitted. If such notice does not reach the addressee on business date or reaches the addressee after the business time, the next business day following such date is the date of notice.
The delivery place shall be the addresses of the two parties set forth on the first page of this Agreement or the addresses notified in writing from time to time. The writing includes facsimile and telex. 
  

	15.	Annexes 

 The annexes to this Agreement constitute
an integral part of this Agreement. 
  

	16.	Effectiveness 

  

	 	16.1	This Agreement and any amendment, supplement or change hereto shall be in writing and shall come into effect upon being executed and sealed by the Parties hereto.

  

	 	16.2	This Agreement is written in Chinese with two original copies. 

  

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 [Execution Page] 
 Pledgee: Beijing Lahiji Technology Development Co., Ltd. 
 Legal Representative: 
  

 11 

 [Execution Page] 
 Pledgor: Wang Xiu Ling 
 Signature: 
  

 12 

 Annexes: 
  

	1.	The Register of Shareholders of Lei Ting Wan Jun 

  

	2.	Certificate of Capital Contribution establishing Lei Ting Wan Jun 

  

	3.	Exclusive Technical and Consulting Services Agreement 

  

 13

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