Document:

ACQUISITION
        AGREEMENT

       

      This
        Acquisition Agreement (the “Agreement”)
        is
        made and entered into as of November 28, 2008, by and among:

       

      
        	 	
                1.

              	
                Legend
                  Media Inc.,
                  a
                  corporation incorporated under the Laws of the State of Nevada,
                  United
                  States of America ( “Legend”);

              

      

       

      
        	 	
                2.

              	
                Well
                  Chance Investments Limited, an international business company incorporated
                  under the Laws
                  of the British Virgin Islands (the
                  “Purchaser”);  

              

      

       

      
        	 	
                3.

              	
                Music
                  Radio Limited, an international business company incorporated under
                  the
                  Laws of the British Virgin Islands (the "Seller"); and

              

      

       

      
        	 	
                4.

              	
                Ju
                  Baochun (巨宝春)
                  an individual holding PRC ID card No. __________________; and
                  Xue Wei (穥伟),
                  an individual holding PRC ID card No. __________________ (each
                  a
                  “Founder”
                  and collectively the “Founders”).

              

      

       

      The
        Seller and the Founders are collectively referred to as the “Seller
        Parties”,
        and
        each individually as a “Seller
        Party”.
        Legend, the Purchaser and the Seller Parties are referred to herein collectively
        as the “Parties”
and
        each individually as a “Party”.
        Certain capitalized terms used in this Agreement are defined in Article 10
        of
        this Agreement.

       

      RECITALS

       

      
        	 	
                A.

              	
                The
                  Purchaser is a wholly-owned subsidiary of
                  Legend.

              

      

       

      
        	 	
                B.

              	
                Legend
                  Media (Beijing) Information and Technology Co., Ltd. (乐君
                  (北京) 信息技术有榰公司),
                  is a wholly-owned subsidiary of CRI News Radio Limited, incorporated
                  in
                  the People's Republic of China ("PRC")
                  (“PRC
                  Subsidiary”).

              

      

       

      
        	 	
                C.

              	
                Beijing
                  Yinselingdong Advertising Co., Ltd. (北京栍綎灵动广告有榰公司)
                  is
                  a PRC company with limited liability (“YSLD”).
                  

              

      

       

      
        	 	
                D.

              	
                Ju
                  Baochun and Xue Wei are the only shareholders of the Seller and
                  are
                  willing to cause the Seller to enter into this Agreement and complete
                  the
                  transaction contemplated herein. 

              

      

       

      
        	 	
                E.

              	
                Xue
                  Wei and Ju Bingzhen (巨秉珍)
                  hold 60% and 40% of YSLD, respectively.

              

      

       

      
        	
              	F.	
                Ju
                  Baochun and Xue Wei hold 52% and 48% of Beijing Hongtenglianguang
                  Advertising Co., Ltd. (北京懁纂羬广广告有榰公司)
                  (“HTLG”),
                  respectively. 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	 	
                G.

              	
                On
                  the terms and subject to the conditions set forth herein, the Purchaser
                  desires to acquire, and the Seller Parties desire to transfer to
                  the
                  Purchaser, (i) effective control of YSLD by causing YSLD, Xue Wei
                  and Ju
                  Bingzhen to enter into Controlling Documents (as defined below)
                  with PRC
                  Subsidiary on or prior to Closing and (ii) transferred airline
                  advertising
                  business from HTLG to YSLD (collectively, the “Covenant”).

              

      

       

      NOW,
        THEREFORE, the Parties hereby agree as follows:

       

      Article
        1

       

      Share
        Purchase and Sale

       

      1.1 Acquisition
        Price; Payment Schedule. 
        In
        consideration for the Covenant made by the Seller Parties, at Closing, the
        Purchaser shall deliver to Seller a copy of the certificate representing
        5,033,680 shares of Series B Convertible Preferred Stock of Legend with an
        aggregate Issue Price of USD equivalent to RMB275,000,000 calculated based
        on
        the exchange
        rate
        at
        RMB 6.829 to 1 USD (the “Share
        Consideration”).
        The
        per share "Issue
        Price"
        is
        USD8.00. Each share of Series B Convertible Preferred Stock is automatically
        convertible into 20 shares of common stock of Legend, subject to certain
        future
        adjustments, on such date that the Corporation's Articles of Incorporation
        have
        been amended so that there is a sufficient number of shares of common stock
        of
        Legend authorized by Legend to allow full conversion of all outstanding shares
        of Series B Convertible Preferred Stock into common stock of Legend.

       

      In
        addition, Ju Baochun shall receive 10,000,000 warrants for the purchase of
        common stock of Legend, 5,000,000 of the warrants will be 3 year warrants
        with
        an exercise price equal to the Issue Price divided by 20 and the remaining
        5,000,000 will be 5 year warrants with an exercise price equal to the product
        of
        (i) the Issue Price divided by 20; and (ii) two.

       

      The
        Seller Parties hereby covenant that they shall, on or prior to Closing, cause
        YSLD to enter into certain controlling documents with the PRC Subsidiary
        in form
        and content acceptable to Purchaser, and cause YSLD and PRC Subsidiary to
        maintain effectiveness of such controlling documents to ensure the consolidation
        of YSLD into Legend’s financial statements.

       

      1.2 Closing;
        Time and Place. Subject
        to the satisfaction or waiver of the conditions set forth in Sections 5 and
        6, the closing of the acquisition (the “Closing”)
        shall
        take place on November 28, 2008 at Room 609, Building A, Gehua Tower, No.
        1
        Qinglong Hutong, Dongcheng District, Beijing, unless another place or time
        is
        agreed upon by the Purchaser and the Seller. The date upon which the Closing
        actually occurs is herein referred to as the “Closing
        Date”.

       

      1.3 Deliveries
        by the Purchaser. The
        Purchaser shall deliver:

       

      
        	 	
                (i)

              	
                At
                  Closing, to
                  the Seller,
                  a copy of certificate representing the Share
                  Consideration; and

              

      

       

      
        	
              	(ii)	
                At
                  Closing, to the Seller, a true and correct copy of the resolutions
                  or
                  minutes of the meetings of the board of directors of the Purchaser,
                  and
                  where required by applicable Laws, the shareholders of the Purchaser,
                  or
                  other relevant internal document evidencing approval of this Agreement
                  and
                  the matters contemplated hereby, certified by an authorized officer
                  of the
                  Purchaser.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      1.4 Deliveries
        by the Seller. At Closing, the following original certificates and documents
        shall be delivered to the Purchaser:

       

      
        	 	
                (i)

              	
                Controlling
                  Documents. Executed Controlling Documents by YSLD, the PRC Subsidiary
                  and the Founders. 

              

      

       

      
        	 	
                (ii)

              	
                Board/Shareholder
                  Resolutions of YSLD. The resolutions or minutes of a meeting of YSLD’s
                  board of directors, or shareholders as necessary, or other relevant
                  internal document evidencing approval of the Controlling Documents
                  and the
                  matters contemplated thereby, certified by an authorized officer
                  of
                  YSLD.

              

      

       

      
        	 	
                (iii)

              	
                Compliance
                  Certificate. Certificates signed by the Seller Parties (in form and
                  substance reasonably satisfactory to the Purchaser), dated as of
                  the
                  Closing Date, certifying that the matters set forth in Section 5.4
                  have been fulfilled and are accurate and
                  complete.

              

      

       

      1.5 Board
        Composition. All the Parties agree that the members of Legend's board of
        directors shall be increased from 5 to 7 and that the two created vacancies
        shall be filled by Ju Baochun and an independent director nominated by Ju
        Baochun but subject to approval of Legend's board of directors. 

       

      1.6 Management
        Composition. All the Parties agree that Ju Baochun shall become the new CEO
        of Legend with compensation to be determined by the board of Legend within
        45
        days after Closing, details of which shall be set forth in the related executive
        employment agreement and Jeffrey Dash, the current CEO of Legend shall resign
        and become a consultant to Legend with the responsibility of financial,
        strategic planning and investor relations, with compensation to be determined
        by
        the board of Legend within 45 days after Closing. The change of the CEO shall
        be
        completed within 45 days subsequent to Closing. Both Ju Baochun and Jeffrey
        Dash
        hereby covenant to use their best efforts to recruit qualified professionals
        to
        act as COO and CFO of Legend with compensation to be determined by the board
        of
        Legend. 

       

      1.7 Reimbursement.
        The Purchaser or Legend acknowledges that Ju Baochun has incurred certain
        out-of-pocket expenses in the amount of RMB1.88 million (“Expenses”)
        for
        benefit of Legend and/or its Affiliates, including, without limitation, Beijing
        Maihesi International Advertising Co., Ltd. and Tianjin Yinselingdong
        Advertising Co., Ltd. (collectively, the “Group
        Companies”),
        in
        the ordinary course of business of the Group Companies. Legend shall pay,
        or
        cause to be paid, such Expenses to Ju Baochun or his designated person within
        7
        days after Closing; provided that the Purchaser or Legend shall have sufficient
        cash flow surplus to make such payment.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Article
        2

       

      Representations
        and Warranties of the Seller
        Parties

       

      Subject
        to the exceptions set forth in the Disclosure Schedule, the Seller Parties
        hereby jointly and severally, represent and warrant to the Purchaser the
        following at the date of this Agreement and at the Closing Date: 

       

      2.1 Authority.
        

       

      There
        is
        no action, suit, investigation, complaint or other proceeding pending against
        the Seller or, to the knowledge of the Seller, threatened against the Seller
        or
        any other Person that restricts in any respect or prohibits (or, if successful,
        would restrict or prohibit) the exercise by any Party or beneficiary of its
        rights under this Agreement or the performance by any Party of its obligations
        under this Agreement.

       

      Each
        of
        the Seller and YSLD has all requisite corporate or other power and authority
        to
        execute and deliver this Agreement, the
        Assets Acquisition Agreement (as defined below)
        and the
        Controlling Documents to which it is a party and to perform the transactions
        contemplated by this Agreement, the Controlling Documents and the Assets
        Acquisition Agreement. The execution and delivery of this Agreement,
the
        Assets Acquisition Agreement
        and the
        Controlling Documents to which such party is a party and the performance
        by such
        party of its obligations hereunder and thereunder, has been duly and validly
        authorized and no other corporate action on the part of such party is necessary.
        This Agreement, the
        Assets Acquisition Agreement
        and the
        Controlling Documents, upon the execution and delivery by each of the Seller
        Parties and YSLD (assuming due and valid execution and delivery by the
        Purchaser), will constitute legal, valid and binding obligations enforceable
        against such party in accordance with their terms. 

       

      2.2 Tax
        Matters. Each of the Seller Parties represents and warrants that the Seller
        Parties have had an opportunity to review with its own tax advisors the tax
        consequences to the Seller Parties of the acquisition and the other transactions
        contemplated by this Agreement. Each of the Seller Parties understands that
        it
        must rely solely on its advisors and not on any statements or representations
        by
        the Purchaser or its advisor. Each of the Seller Parties understands that,
        unless otherwise required under this Agreement, it shall be responsible for
        its
        own tax liability under relevant Law that may arise from the acquisition
        and the
        other transactions contemplated by this Agreement.

       

      2.3 Reliance
        by the Purchaser. Each of the Seller Parties understands and acknowledges
        that the Purchaser is entering into this Agreement in reliance upon the
        representations and warranties and covenants of the Seller Parties made herein
        (subject to the exceptions and disclosures contained in the Disclosure
        Schedule).

       

      2.4 YSLD.
        

       

      
        	
              	(i)	
                YSLD
                  is a corporation duly organized and validly existing under the
                  Laws of the
                  PRC, and has full corporate power and authority to conduct its
                  business as
                  now and proposed to be conducted and to own, use and lease its
                  Assets and
                  Properties. 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	 	
                (ii)

              	
                YSLD
                  is duly qualified, licensed or admitted to do business in the PRC.
                  The
                  registered capital of YSLD has been duly authorized and is fully
                  paid and
                  is owned by the holders thereof free and clear of all Liens. There
                  are no
                  outstanding Options with respect to YSLD. YSLD does not have any
                  subsidiaries, branches or representative offices. 

              

      

       

      
        	 	
                (iii)

              	
                All
                  the equity interests in YSLD are owned by the Founders and are
                  not subject
                  to or issued in violation of any purchase option, call option,
                  right of
                  first refusal, preemptive right, subscription right or any similar
                  right
                  under any PRC Laws, the charter documents or any contract to which
                  YSLD or
                  the Seller Party is a party or otherwise bound.

              

      

       

      
        	 	
                (iv)

              	
                No
                  penalty has been imposed on YSLD by the relevant PRC governmental
                  authorities due to its failure to comply with applicable
                  Laws.

              

      

       

      2.5 Governmental
        Approvals and Filings. No consent, approval or action of, filing with or
        notice to any Governmental Authority on the part of the Seller Parties and
        YSLD
        is required in connection with the execution, delivery and performance of
        this
        Agreement, the
        Assets Acquisition Agreement
        or any
        of the Controlling Documents to which it is a party or the consummation of
        the
        transactions contemplated hereby or thereby.

       

      2.6 Compliance
        with Laws and Orders. YSLD is not or has at any time received any notice
        that it is or has at any time been, in any violation, breach or default of
        any
        term of its articles of association, or of any provision of Contract, or
        any PRC
        Laws applicable to or binding upon YSLD or its Assets and Properties (as
        the
        case may be). 

       

      2.7 Licenses.
        All
        consents, approvals, permits or Licenses required for the operation of the
        business of YSLD have been obtained. YSLD has at all times carried on its
        business in compliance with all applicable Laws. Neither YSLD nor any of
        its
        directors, shareholders, and officers has committed any criminal offence
        or any
        breach of the requirements or conditions of any statute, treaty, legislation
        or
        regulation in the course of carrying on YSLD’s business. YSLD is not the subject
        of any ongoing or threatening inquiry that would have an adverse effect by
        any
        governmental or regulatory body. 

       

      Each
        License is valid, binding and in full force and effect; and YSLD is not or
        has
        not at any time been, or has received any notice that it is or has at any
        time
        been, in default (or with the giving of notice or lapse of time or both,
        would
        be in default) under any such License.

       

      2.8 Contracts. 

       

      
        	 	
                (i)

              	
                Section
                  2.8 of the Disclosure Schedule contains a true and complete list of
                  each of the Contracts, to which YSLD is a party or by which any
                  of its
                  respective Assets and Properties is bound (including material Contracts
                  that have expired by their terms or otherwise terminated but have
                  liabilities that continue to attach to
                  YSLD):

              

      

       

      
        	
              	(ii)	
                The
                  Seller has delivered to the Purchaser true and complete copies
                  (or, if not
                  in writing, reasonably complete and accurate written descriptions)
                  of each
                  Contract or other arrangement required to be listed on Section
                  2.8 of the
                  Disclosure Schedule, together with all amendments and supplements
                  thereto.

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	 	
                (iii)

              	
                Each
                  Contract to which YSLD is a party is in full force and effect and
                  constitutes a legal, valid and binding agreement, enforceable in
                  accordance with its terms, of each party thereto; and neither YSLD
                  nor, to
                  the knowledge of the Seller Parties, any other party to such Contract
                  is,
                  or has received notice that it is, in violation or breach of or
                  default
                  under any such Contract (or with notice or lapse of time or both,
                  would be
                  in violation or breach of or default under any such Contract) or
                  that
                  another party to a Contract listed in Section 2.8 of the Disclosure
                  Schedule intends to cancel, terminate or refuse to renew such
                  Contract. 

              

      

       

      
        	 	
                (iv)

              	
                YSLD
                  is not a party to or bound by any Contract that could result, individually
                  or in the aggregate with any other such Contracts, in a Business
                  Material
                  Adverse Effect.

              

      

       

      2.9 Real
        Property. 

       

      
        	 	
                (i)

              	
                YSLD
                  is in possession as lessee of each parcel of real property, together
                  with
                  all facilities, fixtures and other improvements thereon, and in
                  each case
                  such lease is, to the knowledge of the Seller Parties, free and
                  clear of
                  all Liens. To the knowledge of the Seller Parties, none of the
                  use of such
                  real property, facilities, fixtures or other improvements contravenes
                  or
                  violates any occupational safety and health or other applicable
                  Law in any
                  material respect. 

              

      

       

      
        	 	
                (ii)

              	
                YSLD
                  has a valid and subsisting leasehold estate in and the right to
                  quiet
                  enjoyment of the real properties used by it for the full term of
                  the
                  lease. Each lease referred to in paragraph above is a legal, valid
                  and
                  binding agreement of YSLD, enforceable in accordance with its terms,
                  and
                  to the knowledge of the Seller Parties, is a legal, valid and binding
                  agreement of each other Person that is a party thereto, and YSLD
                  has not
                  received notice of any default (or any condition or event which,
                  after
                  notice or lapse of time or both, would constitute a default)
                  thereunder.

              

      

       

      
        	 	
                (iii)

              	
                Prior
                  to the execution of this Agreement, YSLD has delivered to the Purchaser
                  true and complete copies of all leases (including any amendments
                  and
                  renewal letters).

              

      

       

      
        	 	
                (iv)

              	
                YSLD
                  is not a lessor under any lease, sublease, tenancy or license of,
                  or
                  entered into any rental agreement with respect to, any portion
                  of the real
                  property referred to in this paragraph.

              

      

       

      2.10 Insurance.
        No commercial insurance is used or necessary in the conduct of the business
        of
        YSLD.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      2.11 Taxes.
        All Tax
        Returns required to be filed in respect of YSLD have been duly and timely
        filed,
        have been prepared in compliance with all applicable Laws, and are true,
        correct
        and complete. All Taxes due and payable by YSLD, whether or not shown as
        due on
        such Tax Returns, have been fully paid when due.

       

      2.12 Legal
        Proceedings. There are no:

       

      
        	 	
                (i)

              	
                actions
                  or Proceedings pending or, to the knowledge of the Seller Parties
                  or YSLD,
                  threatened against YSLD or any of their respective Assets and
                  Properties;

              

      

       

      
        	 	
                (ii)

              	
                Orders
                  outstanding against YSLD; or

              

      

       

      
        	 	
                (iii)

              	
                to
                  the knowledge of the Seller Parties, facts or circumstances known
                  to YSLD
                  that could reasonably be expected to give rise to any Action or
                  Proceeding
                  that would be required to be disclosed pursuant to clause (i) or
                  (ii) above.

              

      

       

      2.13 Affiliate
        Transactions. Except for the Controlling Documents, as the date of this
        Agreement, (i) there are no Liabilities between YSLD, on the one hand, and
        either of the Seller Parties or the officer, director or Affiliate of Group
        Companies, on the other, (ii) neither of the Seller Parties, nor any
        officer, director or Affiliate of Group Companies provides or causes to be
        provided any assets, services or facilities to YSLD, (iii) YSLD does not
        provide
        or causes to be provided any assets, services or facilities to the Seller
        Parties or any officer, director or Affiliate of Group Companies and
        (iv) YSLD does not beneficially own, directly or indirectly, any Investment
        Assets of the Seller Parties or any such officer, director or Affiliate of
        Group
        Companies. 

       

      2.14 Employees;
        Labor Relations. 

       

      YSLD
        have
        complied with all applicable Laws relating to the employment of
        labor. 

       

      2.15 Bank
        and Brokerage Accounts; Investment Assets. Section 2.15 of the Disclosure
        Schedule sets forth a true and complete list of the names and locations
        of all banks, trust companies, securities brokers and other financial
        institutions at which YSLD has an account or safe deposit box or maintains
        a
        banking, custodial, trading or other similar relationship. 

       

      2.16 Brokers.
        All
        negotiations relative to this Agreement and the transactions contemplated
        hereby
        have been carried out by the Seller directly with the Purchaser without the
        intervention of any Person on behalf of the Seller in such manner as to give
        rise to any valid claim by any Person against the Purchaser, or the Seller
        for a
        finder’s fee, brokerage commission or similar payment.

       

      2.17 Assets
        and Properties. YSLD has good and marketable title to its owned properties
        and assets free and clear of liens or encumbrance. All facilities, machinery,
        equipment, fixtures, vehicle and other properties owned, leased or used by
        YSLD
        are in good operating condition and repair, ordinary wear and tear excepted,
        and
        are reasonably fit and usable for purposes for which they are being
        used.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      2.18 No
        Insolvency. No order has been made or petition presented or resolution
        passed for the winding up of YSLD. YSLD is not insolvent or unable to pay
        its
        debts as and when due.

       

      2.19 No
        Conflicts. The execution, delivery and performance by each of the Seller
        Parties and YSLD of this Agreement, the
        Assets Acquisition Agreement
        and the
        Controlling Documents to which such Person is a party and the consummation
        of
        the transactions contemplated hereby and thereby will not:

       

      
        	 	
                (i)

              	
                conflict
                  with or result in a violation or breach of any of the provisions
                  of the
                  memorandum and articles of association (or other comparable corporate
                  charter documents) of YSLD;

              

      

       

      
        	 	
                (ii)

              	
                conflict
                  with or result in a violation of any Law or Order applicable to
                  the Seller
                  and YSLD or any of its Assets and Properties; or
                  

              

      

       

      
        	 	
                (iii)

              	
                (a) conflict
                  with or result in a violation of, (b) constitute (with or without
                  notice or lapse of time or both) a default under, (c) require the
                  Seller and YSLD to obtain any consent, approval or action of, make
                  any
                  filing with or give any notice to any Person as a result or under
                  the
                  terms of, (d) result in or give to any Person any right of
                  termination, cancellation, acceleration or modification in or with
                  respect
                  to or result in any loss of benefit under or with respect to,
                  (e) result in or give to any Person any additional rights or
                  entitlement to increased, additional, accelerated or guaranteed
                  payments
                  under, or (f) result in the creation or imposition of any Lien upon
                  YSLD or any of its respective Assets and Properties, under any
                  Contract or
                  License to which YSLD is a party or by which any of its respective
                  Assets
                  and Properties is bound or any Law or Order applicable to YSLD
                  or any of
                  its respective Assets and
                  Properties.

              

      

       

      2.20 No
        Dividend or Other Distribution. No dividend or other distribution has
        occurred since its establishment with respect to YSLD.

       

      2.21 No
        Undisclosed Liabilities. There are no Liabilities against, relating to or
        affecting YSLD or any of its Assets and Properties, other than Liabilities
        incurred in the ordinary course of business consistent with past practice.
        YSLD
        is not a guarantor, indemnitor, surety or other obligor of any indebtedness
        of
        any other Person.
        YSLD
        does not have any interest payment obligation, including, without limitation,
        bank debt. Except as set forth in Section 2.21 of Disclosure Schedule,
        there is no capital commitment (including, without limitation, off-balance
        sheet
        capital commitment) for YSLD.

       

      2.22 No
        Powers of Attorney. Except as set forth in Section 2.22 of the Disclosure
        Schedule, YSLD does not have any powers of attorney or comparable
        delegations of authority outstanding.

       

      2.23 Absence
        of Changes. Except for the execution and delivery of this Agreement and the
        transactions to take place pursuant hereto on the Closing Date, since the
        establishment of YSLD there has not been any Business Material Adverse Effect
        on
        YSLD and none of the actions set forth in Section 4.5 has occurred except
        as
        otherwise agreed in writing by the Purchaser or as requested by the Purchaser.
        Without limiting the foregoing, there has not occurred since the establishment
        of YSLD until the date hereof:

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	 	
                (i)

              	
                any
                  (a) amendment of the memorandum and articles of association (or other
                  comparable corporate charter documents) of, or (b) reorganization,
                  liquidation or dissolution of YSLD;

              

      

       

      
        	 	
                (ii)

              	
                any
                  capital expenditure, commitments for additions to property, plant,
                  equipment or license of YSLD constituting capital assets in an
                  aggregate
                  amount exceeding Ten Thousand US Dollars
                  (US$10,000);

              

      

       

      
        	 	
                (iii)

              	
                any
                  entry into any exclusive distribution, marketing, sales or other
                  similar
                  agreement with any third person whereby YSLD has granted any third
                  party
                  exclusivity right;

              

      

       

      
        	 	
                (iv)

              	
                any
                  material communication with a Governmental
                  Authority;

              

      

       

      
        	 	
                (v)

              	
                any
                  transaction by YSLD with the Seller, any officer, director of the
                  Affiliate of the Seller (a) outside the ordinary course of business
                  consistent with past practice or (b) other than on an arm’s-length
                  basis; 

              

      

       

      
        	 	
                (vi)

              	
                any
                  material change in (a) any accounting, financial reporting, or Tax
                  practice or policy of YSLD or (b) the fiscal year of
                  YSLD;

              

      

       

      
        	 	
                (vii)

              	
                any
                  entering into of an agreement to do or engage in any of the foregoing
                  after the date hereof, except as contemplated by this Agreement;
                  or

              

      

       

      
        	 	
                (viii)

              	
                any
                  other transaction involving or affecting YSLD outside the ordinary
                  course
                  of business consistent with past
                  practice.

              

      

       

      2.24 Restricted
        Securities. The Seller is an accredited investor as defined in Rule 501(a)
        of Regulation D promulgated under the Securities Act (as defined below),
        (i) is
        acquiring the Share Consideration and the common stock of Legend issuable
        upon
        conversion of the Series B Convertible Preferred Stock for its own account,
        (ii)
        is not acquiring such securities with a view to any resale or distribution
        thereof other than in accordance with the restrictions set forth below, and
        (iii) is not a party to any agreement or arrangement to sell or transfer
        any of
        the Legend securities to any person. The Series B Convertible Preferred Stock
        and the common stock of Legend issuable upon conversion thereof have not
        been,
        and will not be, registered under the Securities Act, will be “restricted
        securities” under the Securities Act and under such laws and applicable
        regulations such securities may be resold without registration under the
        Securities Act only in accordance with the restrictions on transfer set forth
        on
        the legend set forth thereon.

       

      2.25 Legend.
        Each share certificate of Legend’s securities will bear a legend to the
        following effect unless determines otherwise in compliance with applicable
        law:

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      THE
        SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
        THE
        U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR UNDER
        ANY
        STATE SECURITIES OR BLUE SKY LAWS. THE SECURITIES REPRESENTED BY THIS
        CERTIFICATE MAY NOT BE OFFERED FOR SALE, TRANSFERRED, SOLD, ASSIGNED, PLEDGED,
        HYPOTHECATED OR OTHERWISE ENCUMBERED OR DISPOSED OF (A "TRANSFER") EXCEPT
        (A)
        PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT
        AND
        UNDER ANY APPLICABLE STATE SECURITIES OR BLUE SKY LAWS OR (B) UPON RECEIPT
        BY
        THE ISSUER OF AN OPINION OF COUNSEL, REASONABLY SATISFACTORY TO THE ISSUER,
        THAT
        SUCH TRANSFER IS EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT PURSUANT
        TO
        REGULATIONS PROMULGATED THEREUNDER AND UNDER ANY APPLICABLE STATE SECURITIES
        OR
        BLUE SKY LAWS.

       

      2.26 Disclosure.
        The Seller Parties have provided the Purchaser with all information that
        the
        Purchaser has requested (for deciding whether to complete the acquisition).
        The
        Seller Parties have provided the Purchaser with all information that, to
        the
        best knowledge of the Seller Parties, may materially and adversely impact
        the
        business and financial condition of YSLD. The Seller Parties have not been
        aware
        of any fact which has not been disclosed to Purchaser, which could have a
        Business Material Adverse Effect on YSLD. If any of the representations and
        warranties by the Seller Parties in this Agreement, any of the other statements
        or certificates or other materials made or delivered to the Purchaser at
        any
        time in connection herewith, or materials provided to the Purchaser in
        connection with its due diligence, becomes untrue or misleading in any material
        respect, the Seller Parties shall, and shall promptly notify the Purchaser
        in
        writing of such fact and of the reasons for such change. 

       

      No
        representation or warranty contained in this Agreement, and no statement
        contained in the Disclosure Schedule, contains any untrue statement of a
        material fact or omits to state a material fact necessary in order to make
        the
        statements herein or therein, in the light of the circumstances under which
        they
        were made, not misleading.
        Any
        certificate, list or other writing furnished to the Purchaser and/or its
        Affiliates and representatives is a genuine and truthful copy of the original
        copy. 

       

      Article
        3

       

      Representations
        and Warranties of the Purchaser

       

      The
        Purchaser hereby represents and warrants the following to the Seller as at
        the
        date of this Agreement and as at the Closing Date:

       

      3.1 Authorization
        by the Purchaser. The execution and delivery by the Purchaser of this
        Agreement and the Controlling Documents to which it is a party, and the
        performance by the Purchaser of its obligations hereunder and thereunder,
        have
        been duly and validly authorized by the board of directors of the Purchaser,
        no
        other corporate action on the part of the Purchaser or its shareholders being
        necessary. This Agreement has been duly and validly executed and delivered
        by
        the Purchaser and constitutes (assuming due and valid execution and delivery
        by
        the Seller Parties and YSLD), and upon the execution and delivery by the
        Purchaser of the Controlling Documents to which it is a party, such Controlling
        Documents will constitute, legal, valid and binding obligations of the Purchaser
        enforceable against the Purchaser in accordance with their terms. 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      3.2 Organization.
        The Purchaser is a corporation duly organized, validly existing under the
        Laws
        of its jurisdiction of formation. On the Closing Date and subject to other
        provisions of this Agreement, the Purchaser has full corporate power and
        authority to execute and deliver this Agreement and the Controlling Documents
        to
        which it is a party, to perform its obligations hereunder and thereunder
        and to
        consummate the transactions contemplated hereby and thereby. The Purchaser
        is
        duly qualified, licensed or admitted to do business in all jurisdictions,
        in
        which the ownership, use or leasing of its Assets and Properties, or the
        conduct
        or nature of its business, makes such qualification, licensing or admission
        necessary and in which the failure to be so qualified, licensed or admitted
        could reasonably be expected to have an adverse effect on the validity or
        enforceability of this Agreement or any of the Controlling Documents to which
        it
        is a party or on the ability of the Purchaser to perform its obligations
        hereunder or thereunder.

       

      3.3 No
        Conflicts. The execution and delivery by the Purchaser of this Agreement
        does not, and the execution and delivery by the Purchaser of the Controlling
        Documents to which it is a party, the performance by the Purchaser of its
        obligations under this Agreement and such Controlling Documents and the
        consummation of the transactions contemplated hereby and thereby will
        not:

       

      
        	 	
                (i)

              	
                conflict
                  with or result in a violation or breach of any of the terms, conditions
                  or
                  provisions of the organizational documents of the Purchaser, as
                  the case
                  may be;

              

      

       

      
        	 	
                (ii)

              	
                conflict
                  with or result in a violation or breach of any term or provision
                  of any
                  Law or Order applicable to the Purchaser or any of its respective
                  Assets
                  and Properties to the extent that such conflict, violation or breach
                  would
                  have a material adverse effect on the ability of the Purchaser
                  to perform
                  its obligations under this Agreement;
                  or

              

      

       

      
        	 	
                (iii)

              	
                require
                  the Purchaser to obtain any consent, approval or action of, make
                  any
                  filing with or give any notice to any Person as a result or under
                  the
                  terms of any Contract or License to which the Purchaser is a party
                  or by
                  which any of its Assets and Properties is
                  bound.

              

      

       

      3.4 No
        Insolvency. No order has been made or petition presented or resolution
        passed for the winding up of the Purchaser. The Purchaser is not insolvent
        or
        unable to pay its debts as and when due and there is no unfulfilled
        insolvency-related decree or court order outstanding against the
        Purchaser.

       

      3.5 Brokers.
        No broker, finder or investment banker is entitled to any brokerage, finder’s or
        other fee or commission in connection with the transactions contemplated
        by this
        Agreement based upon arrangements made by or on behalf of the
        Purchaser.
        Notwithstanding anything to the contrary of this Agreement, the Purchaser
        agrees
        to bear its own cost for such finder’s fee, brokerage commission or similar
        payment, if any.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      3.6 Consideration
        Shares. The Share Consideration has been duly authorized, and when delivered
        in accordance with the terms of this Agreement, will be duly and validly
        issued,
        fully paid and non-assessable and will be free of restrictions on transfer
        other
        than the Lock-in and orderly market conditions or otherwise as contemplated
        under this Agreement.

       

      3.7 Litigation.
        As at the date hereof, no Action by or against the Purchaser is pending or,
        to
        the knowledge of the Purchaser, threatened, which could affect the legality,
        validity or enforceability of this Agreement, any of the Controlling Documents
        or the consummation of the transactions contemplated hereby or
        thereby.

       

      Article
        4

       

      Covenants
        of the Seller Parties
        

       

      Except
        as
        expressly set forth in this Article 4 or otherwise consented to by the
        Purchaser, the Seller Parties covenant and agree with the Purchaser that,
        at all
        times from and after the date hereof, except otherwise stipulated in this
        Agreement, the Seller Parties will comply with all covenants and provisions
        of
        this Article 4. For the purposes of this Article 4, the Parties understand
        and agree that under all circumstances where the Seller Parties covenant
        to
        cause YSLD to take, or refrain from taking a particular action, the Seller
        Parties agree to exercise all control and power over YSLD available to the
        Seller Parties (whether by virtue of office, directorship, shareholder status,
        contract or otherwise) in order to cause YSLD to take, or refrain from taking,
        the specified action, provided that neither of the Seller Parties shall be
        obligated to exercise any control or power not available to it. 

       

      4.1 Investigation
        by the Purchaser. The Seller Parties will, and will cause YSLD to,
        (i) provide the Purchaser and its officers, directors, key employees,
        agents, counsel, accountants, financial advisors, consultants and other
        representatives with reasonable access, upon reasonable prior notice and
        during
        normal business hours, to all officers, employees, agents and accountants
        of
        YSLD and HTLG and their Assets and Properties and books and records related
        to airline advertising business, and (ii) furnish the Purchaser and such
        other Persons with all such information and data (including copies of Contracts
        and other books and records) concerning the business and operations of YSLD
        and
        HTLG as the Purchaser or any of such other Persons may reasonably request
        in
        connection with such investigation. 

       

      4.2 Conduct
        of Business. YSLD shall, and the Seller Parties shall
        use
        their best efforts to cause YSLD to, conduct business only in the ordinary
        course consistent with past practice. Without limiting the generality of
        the
        foregoing, YSLD shall, and the Seller Parties
        shall use their best efforts to cause YSLD to:

       

      
        	
              	(i)	
                (a) preserve
                  intact the present business organization and reputation of YSLD,
                  (b) keep available (subject to dismissals, resignations and
                  retirements in the ordinary course of business consistent with
                  past
                  practice) the services of the present officers, employees and consultants
                  of YSLD, (c) maintain the Assets and Properties of YSLD in good
                  working order and condition, ordinary wear and tear excepted,
                  (d) maintain the goodwill of customers, suppliers, lenders and other
                  Persons to whom YSLD provide services or with whom YSLD otherwise
                  has a
                  significant business relationship, and (e) continue all current
                  sales, marketing and promotional activities relating to the business
                  and
                  operations of YSLD;

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	 	
                (ii)

              	
                comply,
                  in all respects, with all Laws and Orders applicable to them and
                  promptly
                  following receipt thereof give the Purchaser copies of any notice
                  received
                  from any Governmental Authority or other Person alleging any violation
                  of
                  any such Laws or Order. 

              

      

       

      4.3 Post-Closing
        Covenants. The Seller Parties covenant as follows:

       

      
        	 	
                (i)

              	
                From
                  the date hereof, the relevant Seller Parties shall use best efforts
                  to
                  assist YSLD to:

              

      

       

      (a) promptly
        procure and maintain all required Licenses to operate the business of YSLD
        (including YSLD’s registration of its branch office and update of its business
        license to reflect its branch offices) and shall not take or fail to take
        any
        action that results in, or would be reasonably likely to result in, the
        revocation or non-renewal of the Licenses of YSLD, or that would otherwise
        cause
        or result in the commencement of Actions or Proceedings by any governmental
        authorities that would be reasonably likely to result in a Business Material
        Adverse Effect on YSLD; and 

       

      (b) unless
        otherwise expressly agreed by the Purchaser in writing, promptly file with
        the
        applicable PRC tax authority all required submissions, applications and other
        documents.

       

      4.4 Assets
        Acquisition Agreement. The Seller Parties shall cause HTLG to enter into an
        Assets Acquisition Agreement with YSLD in form and content acceptable to
        Purchaser, pursuant to which HTLG shall transfer to YSLD any and all of HTLG’s
        assets/liabilities as selected, in the sole discretion of the Purchaser,
        in
        particular, those related to the airline advertising business (the “Assets
        Acquisition Agreement”).
        For
        the purpose of this Agreement, all the account receivables of HTLG related
        to
        the airline advertising business that occurred on or prior to November 30,
        2008
        (the “Account
        Receivables”),
        though transferred to YSLD pursuant to the Assets Acquisition Agreement,
        shall
        still belong to the Founders, provided that the Founders shall refrain from
        taking out any such money due to them from YSLD, until YSLD has sufficient
        cash
        flow surplus and to the extent such withdrawal of fund shall not have any
        material adverse impact on the operation of YSLD. 

       

      Article
        5

       

      Conditions
        to Obligations of the Purchaser

       

      The
        obligations of the
        Purchaser hereunder are subject to the fulfillment, at or before the Closing,
        of
        each of the following conditions (all or any of which may be waived in whole
        or
        in part by the Purchaser in its sole discretion):

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      5.1 Regulatory
        Consents and Approvals. As at the Closing Date, all consents, approvals and
        actions of, filings with and notices to any Governmental Authority necessary
        to
        permit the Seller to perform its obligations under this Agreement, the
        Assets Acquisition Agreement
        and the
        Controlling Documents and to consummate the transactions contemplated hereby
        and
        thereby (a) shall have been duly obtained, made or given, (b) shall be
        in form and substance reasonably satisfactory to the Purchaser (c) shall
        not be subject to the satisfaction of any condition that has not been satisfied
        or waived and (d) shall be in full force and effect, and all terminations
        or expirations of waiting periods imposed by any Governmental Authority
        necessary for the consummation of the transactions contemplated by this
        Agreement, the
        Assets Acquisition Agreement
        and the
        Controlling Documents shall have occurred.

       

      5.2 Orders
        and Laws. There shall not be in effect on the Closing Date any Order or Law
        restraining, enjoining or otherwise prohibiting or making illegal the
        consummation of any of the transactions contemplated by this Agreement, the
        Assets Acquisition Agreement or any of the Controlling Documents or which
        could
        reasonably be expected to have a Business Material Adverse Effect on YSLD,
        and
        there shall not be pending or threatened on the Closing Date any Actions
        or
        Proceedings or any other action, statement or objection in, before or by
        any
        Governmental Authority which could reasonably be expected to result in the
        issuance of any such Order or the enactment, promulgation or deemed
        applicability to the Purchaser, YSLD or the transactions contemplated by
        this
        Agreement, the Assets Acquisition Agreement or any of the Controlling Documents
        of any such Order or Law. 

       

      5.3 Third
        Party Consents. The consents (or in lieu thereof waivers) and all other
        consents (or in lieu thereof waivers) to the performance by the Seller Parties
        and YSLD of their obligations under this Agreement, the Assets Acquisition
        Agreement and the Controlling Documents or to the consummation of the
        transactions contemplated hereby and thereby as are required under any Contract
        to which any of the Seller Parties or YSLD is a party or by which any of
        their
        respective Assets and Properties are bound and where the failure to obtain
        any
        such consent (or in lieu thereof waiver) could reasonably be expected,
        individually or in the aggregate with other such failures, to adversely affect
        the Purchaser or have a Business Material Adverse Effect on YSLD, (a) shall
        have been obtained, (b) shall be in form and substance reasonably
        satisfactory to the Purchaser, (c) shall not be subject to the satisfaction
        of any condition that has not been satisfied or waived and (d) shall be in
        full force and effect. 

       

      5.4 Performance
        of Obligations; Representations and Warranties. The Seller Parties shall
        have performed and complied with all covenants, obligations and agreements
        contained in this Agreement that are required to be performed or complied
        with
        by it prior to or at the Closing and each of the representations and warranties
        made by the Seller Parties in this Agreement, the
        Assets Acquisition Agreement and
        in
        each Controlling Documents to which it is a party, shall be true and correct
        in
        all respects on the date hereof and on and at the Closing Date as though
        such
        representation or warranty was made on and at the Closing Date, and any
        representation or warranty made as at a specified date earlier than the Closing
        Date shall have been true and correct in all respects on such earlier
        date. 

       

      5.5 Closing
        Deliveries. The Seller shall have delivered to the Purchaser all of the
        documents and agreements set forth in Section 1.4.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      5.6 Certificates.
        The Purchaser shall have received certificates from each of the Seller Parties
        dated the Closing Date in form and substance reasonably satisfactory to the
        Purchaser, certifying that the conditions set forth herein have been
        satisfied. 

       

      5.7 Proceedings.
        All board and/or shareholder approvals to be obtained on the part of the
        Seller
        in connection with the transactions contemplated by this Agreement shall
        be
        reasonably satisfactory in form and substance to the Purchaser, and the
        Purchaser shall have received copies of all such documents and other evidences
        as the Purchaser may reasonably request in order to establish the consummation
        of such transactions and the taking of all proceedings in connection
        therewith. 

       

      5.8 No
        Business Material Adverse Effect. There shall have been no Business Material
        Adverse Effect.

       

      5.9 Restructuring.
        YSLD, PRC Subsidiary and the Founders shall have executed and delivered to
        the
        Purchaser all of the Controlling Documents set forth in Exhibit B hereto
        to
        which YSLD, PRC Subsidiary or the Founder is a party.

       

      Article
        6

       

      Conditions
        to Obligations of the Seller
        Parties

       

      The
        obligations of the
        Seller Parties hereunder are subject to the fulfillment, at or before the
        Closing, of each of the following conditions (all or any of which may be
        waived
        in whole or in part by the Seller Parties in their sole
        discretion):

       

      6.1 Orders
        and Laws. There shall not be in effect on the Closing Date any Order or Law
        restraining, enjoining or otherwise prohibiting or making illegal the
        consummation of any of the transactions contemplated by this Agreement,
the
        Assets Acquisition Agreement
        or any
        of the Controlling Documents or which could reasonably be expected to have
        a
        Business Material Adverse Effect on the Purchaser, or there shall not be
        pending
        or threatened on the Closing Date any Action or Proceeding or any other action
        in, before or by any Governmental Authority which would result in the issuance
        of any such Order or the enactment, promulgation or deemed applicability
        to the
        Seller or the transactions contemplated by this Agreement, the
        Assets Acquisition Agreement
        or any
        of the Controlling Documents of any such Order or Law.

       

      6.2 Regulatory
        Consents and Approvals. All consents, approvals and actions of, filings with
        and notices to any Governmental Authority necessary to permit the Purchaser
        to
        perform its obligations under this Agreement, the
        Assets Acquisition Agreement
        and the
        Controlling Documents and to consummate the transactions contemplated hereby
        and
        thereby (a) shall have been duly obtained, made or given, (b) shall
        not be subject to the satisfaction of any condition that has not been satisfied
        or waived and (c) shall be in full force and effect, and all terminations
        or expirations of waiting periods imposed by any Governmental Authority
        necessary for the consummation of the transactions contemplated by this
        Agreement, the
        Assets Acquisition Agreement
        and the
        Controlling Documents shall have occurred.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      6.3 Representations
        and Warranties. The Purchaser shall have performed and complied with all
        covenants, obligations and agreements contained in this Agreement that are
        required to be performed or complied with by it prior to or at the Closing
        and
        each of the representations and warranties made by the Purchaser in this
        Agreement shall be true and correct in all respects on and as at (i) the
        date
        hereof, and (ii) the Closing Date as though such representation or warranty
        was
        made on and as at the Closing Date, and any representation or warranty made
        as
        at a specified date earlier than the Closing Date shall have been true and
        correct in all respects on and as at such earlier date.

       

      6.4 Proceedings.
        All board and/or shareholder approvals to be obtained by the Purchaser in
        connection with the transactions contemplated by this Agreement and all
        documents incidental thereto shall be reasonably satisfactory in form and
        substance to the Seller, and the Seller shall have received copies of all
        such
        documents and other evidences as the Seller may reasonably request in order
        to
        establish the consummation of such transactions and the taking of all
        proceedings in connection therewith.

       

      Article
        7

       

      Tax
        Matters and Post-Closing Taxes

       

      The
        Parties
        shall pay their respective sales, use, value added, transfer, real property
        transfer, recording, stamp stock transfer and other similar Taxes and fees
        arising out of the transactions effected pursuant to this Agreement,
the
        Assets Acquisition Agreement
        and the
        Controlling Documents. 

       

      Article
        8

       

      Survival
        of Representations, Warranties and Covenants

       

      Notwithstanding
        any right of the Purchaser (whether or not exercised) to investigate the
        affairs
        of YSLD or any right of any Party (whether or not exercised) to investigate
        the
        accuracy of the representations and warranties of the other Party contained
        in
        this Agreement, and notwithstanding anything known by any such Party or the
        fact
        of the Closing, the Purchaser has the right to rely fully upon the
        representations, warranties, covenants and agreements of the Seller Parties
        contained in this Agreement (subject to the exceptions and disclosures contained
        in the Disclosure Schedule). The
        Representations, warranties, covenants and agreements contained herein shall
        survive for a period of one (1) year after the Closing (the “Compensation
        Period”).
        Unless a Party gives a written request for indemnification to the other Parties
        within one (1) year after the Closing Date, no indemnification claim may
        be made
        after the expiration of the Compensation Period. 

       

      Article
        9

       

      Indemnification

       

      9.1 Indemnification
        by
        the
        Seller Parties.

       

      The
        Seller Parties shall jointly and severally indemnify the Purchaser and its
        officers, directors, employees, agents and Affiliates in respect of, and
        hold
        each of them harmless from and against, any and all Loss suffered, incurred
        or
        sustained by any of them or to which any of them becomes subject to, resulting
        from or arising out of any of the following:

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	 	
                (i)

              	
                any
                  misrepresentation, breach of warranty or non-fulfillment of or
                  failure to
                  perform any covenant or agreement on the part of any of the Seller
                  Parties
                  contained in this Agreement, the
                  Assets Acquisition Agreement
                  or
                  in any Controlling Documents (subject always to the exceptions
                  and
                  disclosures contained in the Disclosure Schedule);
                  or

              

      

       

      
        	 	
                (ii)

              	
                any
                  fraud or negligence by the Seller Parties with respect to the subject
                  matter of any of the representations, warranties, covenants or
                  agreements
                  contained or contemplated by this Agreement, the
                  Assets Acquisition Agreement
                  or
                  in any Controlling Documents
                  Contract.

              

      

       

      9.2 Indemnification
        by the Purchaser.

       

      The
        Purchaser shall indemnify the Seller Parties in respect of, and hold each
        of
        them harmless from and against, any and all Loss suffered, incurred or sustained
        by any of them or to which any of them becomes subject to, resulting from
        or
        arising out of any of the following:

       

      
        	 	
                (i)

              	
                any
                  misrepresentation, breach of warranty or non-fulfillment of or
                  failure to
                  perform any covenant or agreement on the part of the Purchaser
                  contained
                  in this Agreement, the
                  Assets Acquisition Agreement
                  or
                  in any Controlling Documents; or

              

      

       

      
        	 	
                (ii)

              	
                any
                  fraud or negligence by the Purchaser, or any of its employees,
                  officers,
                  directors or shareholders with respect to the subject matter of
                  any of the
                  representations, warranties, covenants or agreements contained
                  or
                  contemplated by this Agreement, the
                  Assets Acquisition Agreement
                  or
                  in any Controlling Documents.

              

      

       

      Article
        10

       

      Definitions

       

      10.1 Definitions.

       

      
        	 	
                (i)

              	
                As
                  used in this Agreement, the following defined terms shall have
                  the
                  meanings indicated below:

              

      

       

      “Actions
        or Proceedings”
means
        (i) any action, suit, proceeding, arbitration or (ii) any Governmental Authority
        inquiry, investigation or audit.

       

      “Affiliate”
means
        any Person that directly or indirectly through one or more intermediaries,
        controls or is controlled by or is under common control with the Person
        specified. For the purposes of this definition, control of a Person means
        the
        power, direct or indirect, to direct or cause the direction of the management
        and policies of such Person whether by Contract or otherwise and, in any
        event
        and without limitation of the previous sentence, any Person owning twenty
        percent (20%) or more of the voting securities of a second Person shall be
        deemed to control that second Person. For the purposes of this definition,
        a
        Person shall be deemed to control any of his or her immediate family members.
        

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      “Agreement”
has
        the
        meaning ascribed to it in the introductory paragraph. 

       

      “Assets
        and Properties”
of
        any
        Person means all assets and properties of every kind, nature, character and
        description (whether real, personal or mixed, whether tangible or intangible,
        whether absolute, accrued, contingent, fixed or otherwise and wherever
        situated), including the goodwill related thereto, operated, owned or leased
        by
        such Person, including cash, cash equivalents, Investment Assets, accounts
        and
        notes receivable, chattel paper, documents, instruments, general intangibles,
        real estate, equipment, inventory, goods and intellectual property.

       

      “Assets
        Acquisition Agreement” has
        the
        meaning ascribed to it in Section 4.4 of this Agreement.

       

      “Business
        Day”
means
        a
        day other than Saturday, Sunday or any day on which banks located in the
        PRC and
        the U.S. are authorized or obligated to close.

       

      “Business
        Material Adverse Effect”
means
        any material adverse effect on (i) the business, assets, condition
        (financial or otherwise), or results of operations of YSLD taken as a whole,
        or
        (ii) the ability of the Seller Parties to perform their obligations under
        this Agreement or any Controlling Documents in a timely manner or to consummate
        the transactions contemplated by this Agreement or the Controlling Documents
        without material delay. In determining whether there has been a Business
        Material Adverse Effect, any event, circumstance, change or effect shall
        be
        considered both individually and together with all other events, circumstances,
        changes or effects and any event, circumstance, change or effect that reasonably
        could be expected to result in a Business Material Adverse Effect (individually
        or together with one or more other events, circumstances, changes or effects)
        shall be considered a Business Material Adverse Effect.

       

      “BVI”
means
        British Virgin Islands.

       

      “Closing”
means
        the closing of the transactions contemplated by Section 1.2 of this
        Agreement.

       

      “Closing
        Date” has
        the
        meaning ascribed to it in Section 1.2 of this Agreement.

       

      “Covenant”
has
        the
        meaning ascribed to it in the Recitals to this Agreement.

       

      “Contract”
means
        any agreement, lease, and evidence of Indebtedness, mortgage, indenture,
        security agreement or other contract (whether written or oral).

       

      “Controlling
        Documents”
means
        the Exclusive Technical, Operational, Business Consulting and Services
        Agreement, Operating Agreement, Authorization Agreement and any other agreements
        contemplated herein or therein, attached hereto as Exhibit
        B. 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      “Disclosure
        Schedule”
means
        the Disclosure Schedule, including any document annexed to the Disclosure
        Schedule, attached hereto as the Exhibit
        A,
        dated
        as at the date hereof and as updated immediately prior to the Closing Date,
        delivered to the Purchaser by the Seller in connection with this
        Agreement.

       

      “Expenses” has
        the
        meaning ascribed to it in Section 1.7 of this Agreement.

       

      “Governmental
        Authority”
means
        any court, tribunal, arbitrator, authority, agency, commission, official
        or
        other instrumentality of the PRC, any foreign country or any domestic or
        foreign
        state, county, city or other political subdivision including but not limited
        to
        the Ministry of Commerce and their respective local and provincial branches
        or
        departments.

       

      “Group
        Companies” has
        the
        meaning ascribed to it in Section 1.7 of this Agreement.

       

      “HKIAC”
means
        Hong Kong International Arbitration Centre.

       

      “Hong
        Kong”
or
        “HK”
means
        the Hong Kong Special Administrative Region of the PRC. 

       

      “HTLG”
has
        the
        meaning ascribed to it in the Recitals to this Agreement. 

       

      “Indebtedness”
of
        any
        Person means all obligations of such Person (i) for borrowed money,
        (ii) evidenced by notes, bonds, debentures or similar instruments,
        (iii) for the deferred purchase price of goods or services (other than
        trade payables, installment payments or accruals incurred in the ordinary
        course
        of business), (iv) under capital leases, or (v) in the nature of
        guarantees of the obligations described in clauses (i) through
        (iv) above of any other Person.

       

      “Investment
        Assets”
means
        all debentures, notes and other evidences of Indebtedness, stocks, securities
        (including rights to purchase and securities convertible into or exchangeable
        for other securities), interests in joint ventures and general and limited
        partnerships, mortgage loans and other investment or portfolio
        assets.

       

      “Issue
        Price”
has
        the
        meaning ascribed to it in Section 1.1 of this Agreement.

       

      “Laws”
means
        all laws, statutes, rules, regulations, ordinances and other pronouncements
        having the effect of law in the PRC, the United States, the British Virgin
        Islands or any other country, or any domestic or foreign state, county, city
        or
        other political subdivision or of any Governmental Authority.

       

      “Legend”
has
        the
        meaning ascribed to it in the forepart of this Agreement.

       

      “Liabilities”
means
        all Indebtedness, obligations and other liabilities of a Person (whether
        absolute, accrued, contingent, fixed or otherwise, or whether due or to become
        due).

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      “Licenses”
means
        all licenses, permits, certificates of authority, authorizations, approvals,
        registrations, franchises and similar consents granted or issued by any
        Governmental Authority.

       

      “Liens”
means
        any mortgage, pledge, assessment, security interest, lease, lien, adverse
        claim,
        levy, charge or other encumbrance of any kind, or any conditional sale Contract,
        title retention Contract or other Contract to give any of the
        foregoing.

       

      “Lock-in”
means
        the prohibition of any sale or transfer of the Share Consideration.

       

      “Loss”
means
        any and all direct or indirect damages, fines, fees, penalties, losses and
        expenses (including interest, court costs, and reasonable fees of attorneys,
        accountants and other experts or other expenses of litigation or other
        proceedings or of any claim, default or assessment), whether foreseeable
        or not.

       

      “Option”
with
        respect to any Person means any security, right, subscription, warrant, option,
        “phantom” stock right or other Contract that gives the right to
        (i) purchase or otherwise receive or be issued any shares of capital stock
        of such Person or any security of any kind convertible into or exchangeable
        or
        exercisable for any shares of capital stock of such Person or (ii) receive
        any benefits or rights similar to any rights enjoyed by or accruing to the
        holder of shares of capital stock of such Person, including any rights to
        participate in the equity, income or election of directors or officers of
        such
        Person.

       

      “Order”
means
        (i) any writ, judgment, decree, injunction or (ii) any other decision, ruling,
        order or statement of any Governmental Authority (in each such case whether
        preliminary or final).

       

      “Person”
means
        any natural person, corporation, general partnership, limited partnership,
        proprietorship, other business organization, trust, union, association or
        Governmental Authority.

       

      “PRC”
means
        the People’s Republic of China, and for the purpose of this Agreement, not
        including Hong Kong, Macau and Taiwan.

       

      “PRC
        Subsidiary”
has
        the
        meaning ascribed to it in the Recitals to this Agreement.

       

      “Purchaser”
has
        the
        meaning ascribed to it in the forepart of this Agreement.

       

      “Seller”
has
        the
        meanings ascribed to them in the forepart of this Agreement.

       

      “Securities
        Act”
has
        the
        meaning ascribed to Section 2.25 of this Agreement.

       

      “Share
        Consideration”
as
        the
        meaning ascribed to Section 1.1 of this Agreement.

       

      “Tax
        Return”
means
        any declaration, statement, report, return, information return or claim for
        refund relating to Taxes (including information required to be supplied to
        a
        governmental entity in respect of such report or return) including, if
        applicable, combined or consolidated returns for any group of entities that
        includes YSLD.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      “Transactions”
means
        (1) the execution and delivery of this Agreement, the Assets Acquisition
        Agreement and the Controlling Documents, and (2) all of the transactions
        contemplated hereunder and thereunder, and the performance by the Purchaser
        and
        the Seller Parties of their respective obligations hereunder. 

       

      “USD”,
        “US$”
means
        U.S. dollars, the lawful currency of the United States of America.

       

      “US
        GAAP”
means
        the generally accepted accounting principles in the United States.

       

      “YSLD”
has
        the
        meaning ascribed to it in the Recitals to this Agreement.

      

      
        	 	
                (ii)

              	
                Unless
                  the context of this Agreement otherwise requires, (1) words of any
                  gender include each other gender; (2) words using the singular or
                  plural number also include the plural or singular number, respectively;
                  (3) the terms “hereof,” “herein,” “hereby” and derivative or similar
                  words refer to this entire Agreement; (4) the terms “Article”,
                  “Section” or “clause” refer to the specified Article, Section or clause of
                  this Agreement; and (5) the phrases “ordinary course of business” and
                  “ordinary course of business consistent with past practice” refer to the
                  business and practice of YSLD. All accounting terms used herein
                  and not
                  expressly defined herein shall have the meanings given to them
                  under
                  IFRS.

              

      

       

      
        	 	
                (iii)

              	
                As
                  used in this Agreement, the words “include” and “including”, and
                  variations thereof, shall not be deemed to be terms of limitation,
                  but
                  rather shall be deemed to be followed by the words “without limitation”.
                  

              

      

       

      
        	 	
                (iv)

              	
                As
                  used in this Agreement, a matter is "to the knowledge of" the Seller
                  Parties or YSLD (as the case may be) if the Seller Parties or YSLD
                  (as the
                  case may be) know or should have known such
                  matter.

              

      

       

      Article
        11

       

      Miscellaneous

       

      11.1 Public
        Announcements. Subject
        to applicable Law, and the rules and regulations of any stock exchange on
        which
        the securities of Legend or its Affiliates are traded, none of the Seller
        Parties shall, nor shall any Seller Parties permit any of its Affiliates
        to,
        issue any press release, publicity statement, communication with stockholders,
        public notice or other public disclosure relating to this Agreement or the
        transactions contemplated hereby without prior notice to, consultation with,
        and
        the consent of the Purchaser.

       

      11.2 Communication.
        None of the Seller Parties will undertake any communication with any
        Governmental Authority prior to the Closing without the prior consent of
        the
        Purchaser.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      11.3 Notices.
        All notices, demands or other communications given hereunder (a) shall be
        deemed to have been duly given and received (i) upon personal delivery,
        (ii) if by facsimile, when confirmation of its error-free transmission has
        been recorded by the sender's fax machine, or (iii) the second succeeding
        Business Day after deposit with UPS or other equivalent air courier delivery
        service, unless the notice is held or retained by the customs service, in
        which
        case the date shall be the fifth succeeding Business Day after such deposit
        and
        (b) must be in writing and delivered personally, by a recognized courier
        service, by a recognized overnight delivery service, by facsimile or by
        registered or certified mail, postage prepaid, at the following addresses
        (or to
        the attention of such other Person or such other address as any party may
        provide to the other parties by notice in accordance with this
        Section 11.3):

       

      If
        to the
        Purchaser, to:

      Address:
        Room 609, Building A, Gehua Tower, No. 1 Qinglong Hutong, Dongcheng District,
        Beijing 

      Facsimile
        No: 86-10-8487 7176

      Attn:
        Jeffrey Dash

      

      If
        to the
        Seller, to 

      Address:
        Room 8-3-101, Guanyuan Plaza, No. 1 Cuihua Street, Xicheng District,
        Beijing.

      Facsimile
        No: 010-66126396

      Attn:
        Ju
        Baochun

      

      11.4 Expenses.
        Except as otherwise expressly provided in this Agreement, whether or not
        the
        transactions contemplated hereby are consummated, each party will pay its
        own
        costs and expenses. 

       

      11.5 Confidentiality.
        The Parties recognize that, in connection with the performance of this
        Agreement, the
        Assets Acquisition Agreement
        and the
        Controlling Documents, each Party (in such capacity, the “Disclosing
        Party”)
        may
        disclose Confidential Information to the other party (the “Receiving
        Party”).
        The
        Receiving Party agrees (x) not to use any such Confidential Information for
        any purpose other than in the performance of its obligations under this
        Agreement, the
        Assets Acquisition Agreement
        or any
        Controlling Documents and (y) not to disclose any such Confidential
        Information, except (1) to its employees who are reasonably required to
        have the Confidential Information in connection herewith or with the
        Assets Acquisition Agreement or
        any of
        the Controlling Documents, (2) to its agent, representatives, lawyers and
        other advisers that have a need to know such Confidential Information and
        (3) as required by, pursuant to, and to the extent of, Law or a request or
        order by a Governmental Authority.
        “Confidential Information” shall mean (i) the terms of this Agreement and
        the Controlling Documents and proprietary information (whether owned by the
        Disclosing Party or a third party to whom the Disclosing Party owes a
        non-disclosure obligation) regarding the Disclosing Party’s business and
        (ii) information which is marked as confidential at the time of disclosure
        to the Receiving Party, or if in oral form, is identified as confidential
        at the
        time of oral disclosure and reduced in writing or other tangible (including
        electronic) form including a prominent confidentiality notice and delivered
        to
        the Receiving Party within thirty (30) days of disclosure. “Confidential
        Information” shall not include information which: (A) was known to the
        Receiving Party at the time of the disclosure by the Disclosing Party;
        (B) has become publicly known through no wrongful act of the Receiving
        Party; (C) has rightfully been received by the Receiving Party from a third
        party; or (D) has been independently developed by the Receiving
        Party. 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      11.6 Waiver.
        Any term or condition of this Agreement may be waived at any time by the
        party
        that is entitled to the benefit thereof, but no such waiver shall be effective
        unless set forth in a written instrument duly executed by or on behalf of
        the
        party waiving such term or condition. No waiver by any Party of any term
        or
        condition of this Agreement, in any one or more instances, shall be deemed
        to be
        or construed as a waiver of the same or any other term or condition of this
        Agreement on any future occasion. All remedies, either under this Agreement
        or
        by Law or otherwise afforded, will be cumulative and not
        alternative.

       

      11.7 No
        Third Party Beneficiary. The terms and provisions of this Agreement are
        intended solely for the benefit of each Party hereto and their respective
        successors or permitted assigns, and it is not the intention of the Parties
        to
        confer third-party beneficiary rights upon any Person.

       

      11.8 No
        Assignment; Binding Effect. Neither this Agreement nor any right, interest
        or obligation hereunder may be assigned by any Party hereto without the prior
        written consent of the other Party hereto and any attempt to do so will be
        void,
        except (i) for assignments and transfers by operation of Laws and
        (ii) that the Purchaser may assign any or all of its rights, interests and
        obligations hereunder (including its rights under Article 9) to a
        subsidiary, provided that any such subsidiary agrees in writing to be bound
        by
        all of the terms, conditions and provisions contained herein. Subject to
        the
        preceding sentence, this Agreement is binding upon, inures to the benefit
        of and
        is enforceable by the parties hereto and their respective successors and
        assigns.

       

      11.9 Governing
        Law. This Agreement, the rights and obligations of the parties hereto, and
        any claims or disputes relating thereto, shall be governed by and construed
        in
        accordance with the Laws of the State of New York, without giving effect
        to the
        choice of law rules thereof. 

       

      11.10 Arbitration. Any
        dispute, controversy or claim arising out of or relating to this Agreement,
        or
        the interpretation, breach, termination or validity hereof shall be resolved
        through consultation. Such consultation shall begin immediately after one
        Party
        hereto has delivered to the other Parties hereto a written request for such
        consultation. If within thirty (30) days following the date on which such
        notice
        is given the dispute cannot be resolved, the dispute shall be submitted to
        arbitration upon the request of either Party with notice to the
        other.

       

      All
        disputes arising out of or in connection with this Agreement shall be submitted
        to the Hong Kong International Arbitration Centre (the “HKIAC”)
        for
        arbitration in Hong Kong, which shall be conducted in accordance with HKIAC’s
        arbitration rules in effect at the time of applying for arbitration. The
        arbitral tribunal shall comprise three arbitrators, two appointed by the
        Purchaser and the Seller respectively and the third appointed jointly by
        the two
        arbitrators. The language of the arbitration shall be in
        English.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      11.11 Waiver
        of Immunity. To the extent that the Purchaser or the Seller Parties
        (including assignees of any such rights or obligations hereunder) may be
        entitled, in any jurisdiction, to claim for itself or its revenues, assets
        or
        properties, immunity from service of process, suit, the jurisdiction of any
        court, an interlocutory order or injunction or the enforcement of the same
        against its property in such court, attachment prior to judgment, attachment
        in
        aid of execution of an arbitral award or judgment (interlocutory or final)
        or
        any other legal process, and to the extent that, in any such jurisdiction
        there
        may be attributed such immunity (whether claimed or not), the Purchaser and
        the
        Seller Parties hereby irrevocably waive such immunity. Any and all process
        may
        be served in any action, suit or proceeding arising in connection with this
        Agreement by complying with the provisions of Section 11.10. 

       

      11.12 Entire
        Agreement. This Agreement, the Assets Acquisition Agreement and the
        Controlling Documents constitute the sole and entire agreement among the
        parties
        hereto with respect to the subject matter hereof and supersedes and renders
        of
        no force and effect all prior oral or written agreements, commitments and
        undertakings among the parties with respect to the subject matter
        hereof. 

       

      11.13 Amendment.
        This Agreement may be amended, supplemented or modified only by a written
        instrument duly executed by or on behalf of each of the Parties to
        it.

       

      11.14 Severability.
        If any provision of this Agreement is held to be illegal, invalid or
        unenforceable under any present or future Laws, and if the rights or obligations
        of any party hereto under this Agreement will not be materially and adversely
        affected thereby, (a) such provision will be fully severable, (b) this
        Agreement will be construed and enforced as if such illegal, invalid or
        unenforceable provision had never comprised a part hereof, (c) the
        remaining provisions of this Agreement will remain in full force and effect
        and
        will not be affected by the illegal, invalid or unenforceable provision or
        by
        its severance herefrom and (d) in lieu of such illegal, invalid or
        unenforceable provision, there will be added as a part of this Agreement
        a
        mutually acceptable legal, valid and enforceable provision as similar in
        terms
        to such illegal, invalid or unenforceable provision as may be
        possible.

       

      11.15 Headings.
        The headings used in this Agreement have been inserted for convenience of
        reference only and do not define or limit the provisions hereof.

       

      11.16 Execution
        of Counterparts. This Agreement may be executed in any number of
        counterparts, each of which will be deemed an original, but all of which
        together will constitute one and the same instrument.

       

      11.17 Language.
        This Agreement is prepared in both English and Chinese versions, with each
        version having equal validity and legal effect. In the event of discrepancy
        between the English and Chinese versions, the Chinese version shall
        govern.

       

      11.18 Taking
        Effect.
        This
        Agreement shall take effect on the date and year first above
        written.

       

      [SIGNATURE
        PAGES FOLLOW]

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Parties hereto have caused their respective duly authorized
        representatives to execute this Agreement as of the date and year first above
        written. 

      

      
        	
                Legend
                  Media Inc.

              
	 	 
	
                Signature:

              	
                /s/
                  JEFFREY DASH

              
	
                By:
                  Jeffrey Dash

              
	
                Title:
                  Chief Executive Officer

              
	 	 
	
                Well
                  Chance Investments Limited

              
	 	 
	
                Signature:

              	
                /s/
                  JEFFREY DASH

              
	
                By:
                  Jeffrey Dash

              
	
                Title:
                  President

              
	 	 
	
                Music
                  Radio Limited

              
	 	 
	
                Signature:

              	
                /s/
                  JU BAOCHUN

              
	
                By:
                  Ju Baochun (巨宝春)

              
	
                Title:
                  Executive Director

              
	 	 
	
                Signature:

              	
                /s/
                  JU BAOCHUN

              
	
                Ju
                  Baochun (巨宝春)

              
	 	 
	
                Signature:

              	
                /s/
                  XUE WEI

              
	
                Xue
                  Wei (穥伟)

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        A

       

      DISCLOSURE
        SCHEDULE

       

      Disclosure
        Schedule

       

      This
        Disclosure Schedule sets forth the exceptions and explanations to the
        representations and warranties made in Section 2 of the Share Purchase Agreement
        (the “Agreement”)
        dated
        as of November 28, 2008, by and among Legend Media Inc.,
        a
        corporation incorporated under the Laws of the State of Nevada, United States
        of
        America, Well Chance Investments Limited(the “Purchaser”),
        an
        international business company incorporated under the Laws of the British
        Virgin
        Islands, Ju Baochun (巨宝春),
        an
        individual holding PRC ID card No. ______________, Xue Wei (穥伟),
        an
        individual holding PRC ID card No. ___________________, and Music Radio Limited
        (the “Company”),
        an
        international business company incorporated under the Laws of the British
        Virgin
        Islands. 

       

      The
        information and disclosures contained herein shall be deemed representations
        and
        warranties by the Seller Parties to the Purchaser, and shall be an integral
        part
        of Section 2 of the Agreement. 

       

      Section
        and subsection references are references to the corresponding sections and
        subsections of the Agreement to which the disclosed exceptions is most likely
        to
        relate, but any information specifically disclosed herein under any section
        number shall be deemed to apply to any other representation or warranty in
        Section of the Agreement to which it is reasonably apparent based on the
        description of the matter contained in such section.

       

      Capitalized
        terms used herein and not otherwise defined herein shall have the meaning
        ascribed to them in the Agreement.

       

      
        	
                No.

              	 	
                Disclosure

              
	
                2.4

              	 	
                The
                  operating address is different from the registered address as reflected
                  on
                  the Business License of YSLD.

              
	
                2.8

              	 	
                Please
                  refer to Attachment
                  A.

              
	
                2.9

              	 	
                The
                  Lease Agreement of the operating address of YSLD was expired on
                  May 31,
                  2008, but YSLD still conducts business under such lease without
                  any
                  written lease agreement.

              
	
                2.15

              	 	
                YSLD
                  only has one bank account which is the basic bank account opened
                  with
                  Beijing Ping An li Branch of Bank of China (中国權瞴罟份有榰公司北京平安渴支瞴).

              
	
                2.21

              	 	
                None
                  

              
	
                2.22

              	 	
                None

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Attachment
        A 

       

      Material
        Contracts

       

      
        	
                No.

              	 	
                Name

              	 	
                Period

              	 	
                Parties

              
	 	 	 	 	 	 	 
	
                1. 

              	 	
                Advertisement
                  Release Business Agreement (广告发布业务合同)

              	 	
                2008.4-2008.12

              	 	
                Beijing
                  Yinse Lingdong Advertising Co., Ltd. (北京栍綎灵动广告有榰公司)
                  and 

                Sanya
                  Luhuitou Tourism Resort Development Co., Ltd. (三亚憁回头旅游区开发有榰公司)

              
	 	 	 	 	 	 	 
	
                2. 

              	 	
                Advertisement
                  Release Agreement

                (广告发布合同)

              	 	
                2008.6-2008.10

                2008.12

              	 	
                Beijing
                  Yinse Lingdong Advertising Co., Ltd. (北京栍綎灵动广告有榰公司)
                  and

                Beijing
                  Fortune Garden Real Estate Development Co., Ltd. (北京狞富絏园房地产开发有榰公司)

              
	 	 	 	 	 	 	 
	
                3. 

              	 	
                Advertisement
                  Release Order of Xinhua Airline Magazine

                (《新华緖空》杂志广告发布瑞单)

              	 	
                2008.1-2008.12

              	 	
                Beijing
                  Yinse Lingdong Advertising Co., Ltd. (北京栍綎灵动广告有榰公司)
                  and

                Wanke
                  (万科)

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        B

       

      CONTROLLING
        DOCUMENTS 

       

      Exclusive
        Technical, Operational, Business Consulting and Services Agreement

       

      Operating
        Agreement

       

      Authorization
        AgreementsEXCLUSIVE
      TECHNICAL, OPERATIONAL, 

    BUSINESS
      CONSULTING AND SERVICES AGREEMENT

    

    This
      Exclusive Technical, Operational, Business Consulting and Services Agreement
      (the "Agreement")
      is
      entered into as of November 28, 2008 by and among the following parties:

    

    
      	
              1.

            	
              Legend
                Media (Beijing) Information and Technology Co., Ltd. (乐君(北京)信息技术有榰公司),
                a company incorporated in the People's Republic of China ("PRC")
                with the registered office at Room 573, Building 3, No.3 Xijing Road,
                Badachu High-tech Zone, Shijingshan District, Beijing (“Party
                A”);
                

            

    

    
      	 	 

      	
              2.

            	
              Beijing
                Yinselingdong Advertising Co., Ltd. (北京栍綎灵动广告有榰公司),
                a
                company incorporated in the PRC with the registered office at Room
                603,
                Unit 10, Building 3, Block 10 of Xin Jie Kou Xi Li, Xicheng District,
                Beijing (“Party
                B”);
                and

            

    

    
      	 	 

      	
              3.

            	
              Ju
                Bingzhen (巨秉珍),
                a PRC citizen with ID number of
                _______________;

            

    

     

    Xue
      Wei
      (穥伟),
      a PRC
      citizen with ID number of __________________ (collectively “Party
      C”).

    

    Party
      A,
      Party B and Party C shall be collectively referred to as the “Parties”
and
      each as a “Party”.

    

    WHEREAS,
      Party
      A, a wholly foreign-owned enterprise registered under the PRC laws, itself
      and
      through its associated companies, own various human resource with extensive
      experience and technologies in marketing, customer support, technical,
      operational, business consulting and services.

    WHEREAS,
      Party
      B, a domestic company registered under the PRC laws, is engaging in advertising
      services.

    WHEREAS,
      Ju
      Bingzhen and Xue Wei hold 40% and 60% equity interest in Party B,
      respectively.

    WHEREAS,
      Party B
      and Party C intend to retain Party A as the exclusive service provider to
      provide the above-mentioned services in connection with the advertising business
      and Party A agree to provide such services pursuant to the terms and conditions
      herein.

     

    NOW
      THEREFORE,
      the
      Parties have reached the following agreements based on the principle of equal
      and mutual benefit: 

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    

    1. SERVICES;
      EXCLUSIVITY

    During
      the term of this Agreement and on the terms and conditions contained in this
      Agreement, Party A, as Party B’s exclusive service provider, agrees to render
      technical, operational, business consulting and services to Party B as fully
      described in Appendix
      I
      (the
“Services”).
      

    Party
      B
      and Party C hereby accept Party A as its exclusive service provider for the
      Services. For the avoidance of any doubt, Party B agrees and Party C agree
      to
      cause Party B to, during the term of this Agreement and without the prior
      written consent from Party A, refrain from:

    
      	 	
              a)

            	
              engaging
                in any business other than its current business conducted as of the
                date
                hereof;

            

    

    
      	 	
              b)

            	
              engaging
                the services of, or otherwise utilizing, any third party to provide
                such
                marketing, customer support, technical, operational, business consulting
                and services for the above-mentioned business.

            

    

    Party
      A
      shall be the owner of all rights to any and all intellectual property rights
      arising from the performance of this Agreement, including, without limitation,
      any copyright, patent, know-how and otherwise, irrespective of whether developed
      by Party A or Party B. 

    

    2. PAYMENT
      FOR THE SERVICES

    Party B
      and
      Party C acknowledge the full support of Party A by providing in advance all
      of
      the Services and the risks associated therein, and agree to pay Party A the
      Basic Service Fee (as fully described in Appendix
      II).

    

    To
      provide proper incentive to Party A in connection with the Services provided
      by
      Party A, Party B and Party C agree to pay Party A the Bonus Service Fee (as
      fully described in Appendix
      II),
      as
      applicable.

    

    Party
      A
      may from time to time and in response to market changes, in its sole discretion,
      determine that the mechanism of calculating the Service Fee (as fully described
      in Appendix
      II)
      becomes
      unpractical or unreasonable and demand adjustment to be made to the calculation
      mechanism, Party B shall discuss with Party A in good faith within seven (7)
      business days upon receipt of such written request for an adjustment to modify
      the existing calculation mechanism.

    

    3. REPRESENTATIONS
      AND WARRANTIES

    Party
      A
      hereby represents and warrants as follows:

    
      	 	
              (a)

            	
              Party
                A is a company duly registered and validly existing under the PRC
                laws;
                

            

    

    
      	 	
              (b)

            	
              Party
                A has full right, power, authority and capacity and all consents
                and
                approvals of any other third party or government authorization necessary
                to execute and perform this Agreement. The execution and performance
                of
                this Agreement is not in violation of any applicable laws or in breach
                of
                any contract to which Party A is a party; 

            

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    
      	 	
              (c)

            	
              This
                Agreement constitutes a legal, valid and binding agreement of Party
                A,
                enforceable against Party A in accordance with the terms and conditions
                of
                this Agreement upon its execution. 

            

    

    Party
      B
      and Party C hereby jointly and severally, represent and warrant as follows:
      

    
      	 	
              (a)

            	
              Party
                B is a company duly registered and validly existing under the PRC
                laws and
                has obtained all necessary approvals to engage in the businesses
                as
                specified in Party B’s business
                license;

            

    

    
      	 	
              (b)

            	
              The
                registered capital of Party B has been fully paid and the equity
                interests
                are owned by Party C free and clear of all liens and are not subject
                to or
                issued in violation of any purchase option, call option, right of
                first
                refusal, preemptive right, subscription right or any similar right
                under
                any PRC laws, the charter documents or any contract to which Party
                B or
                Party C is a party or otherwise
                bound;

            

    

    
      	 	
              (c)

            	
              Each
                of Party B and Party C has full right, power, authority, capacity
                and all
                consents as well as approvals of any other third party or government
                authorization necessary to execute and perform this Agreement. The
                execution and performance of this Agreement is not in violation of
                any
                applicable laws or in breach of any contract to which any member
                of Party
                B or Party C is a party; 

            

    

    
      	 	
              (d)

            	
              This
                 Agreement constitutes a legal, valid and binding agreement of each
                of
                Party B and Party C, enforceable against each of Party B and Party
                C in
                accordance with the terms and conditions of this Agreement upon its
                execution.

            

    

    

    4. CONFIDENTIALITY

    Each
      of
      Party B and Party C agrees to use best efforts to protect and maintain the
      confidentiality of Party A's confidential data and information acknowledged
      or
      received by either Party B or Party C during the process of provision of the
      Services by Party A (collectively the "Confidential
      Information").
      Each
      of Party B and Party C may not disclose or transfer any Confidential Information
      to any third party without Party A's prior written consent. Upon termination
      or
      expiration of this Agreement, each of Party B and Party C shall, at Party A's
      option and request, return all and any documents, information or software
      containing any of such Confidential Information to Party A, or destroy or delete
      all of such Confidential Information from any memory devices and cease to use
      them. 

    

    The
      above
      Article shall survive after any amendment, termination or expiration of this
      Agreement. 

    

    5. DUTIES
      OF PARTIES

    5.1
      Duties
      of Party A.
      

    Party
      A
      agrees that during the term of this Agreement and on the terms and conditions
      under this Agreement, it shall provide the Services in due
      course.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    Party
      A
      agrees to bear all the cost associated with the provision of the
      Services.

    

    Party
      A
      shall maintain sufficient experienced personnel to adequately meet the
      reasonable request of Party B on the Services from time to time.

    

    5.2
      Duties
      of Party B.

    Party
      B
      shall continue to engage in advertising services pursuant to the terms and
      conditions of this Agreement, with the aim of developing and expanding the
      business; Party
      B
      agrees to make all payments to Party A in due course pursuant to the terms
      and
      conditions of this Agreement; 

    

    Party
      B
      shall cause its representative to take appropriate, reasonable, and cautious
      manner in using and operating any system and equipment relating to the Services
      under this Agreement; 

    

    Party
      B
      shall grant Party A or any person authorized by Party A, access to visit and
      inspect, during normal business hours, any of the properties, and to examine
      the
      books of account and records of Party B and discuss the affairs, finances and
      accounts of Party B with its directors, officers, employees, agents,
      accountants, legal counsels and investment bankers, as applicable; 

    

    In
      order
      for Party A to better provide the Services to Party B, Party B shall consult
      with Party A and take into account Party A’s input before making any material
      decision with respect to the business operations or other aspects of Party
      B.

    

    In
      order
      for Party A to better provide the Services to Party B, Party B shall timely
      provide Party A any and all information and materials as may be reasonably
      required by Party A. 

    

    In
      order
      for Party A to better provide the Services to Party B, Party B shall not appoint
      any senior management without the prior written consent of Party A.

    

    5.3
      Duties
      of Party C

    Each
      of
      Party C hereby pledges his/her 100% equity interests in Party B (the
“Pledged
      Equity”)
      to
      Party A as guarantee of fulfillment of all obligations of Party B and Party
      C
      under this Agreement, including, without limitation, payment for the Services
      of
      Party A. If Party B breaches any of its representations and warranties,
      covenants or obligations under this Agreement, Party A is entitled to dispose
      the Pledged Equity and retain the proceeds of such sale or require Party C
      to
      transfer the Pledged Equity to Party A (or a person designated by Party A),
      to
      the extent legally permitted under the PRC laws; 

     

    Party
      C
      hereby undertakes to properly register the above-mentioned pledge of the Pledged
      Equity and file such corporate documents as necessary or desirable with relevant
      government authorities for the purposes of perfecting the security interest
      on
      the date hereof;

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    Party
      C
      hereby grants to Party A or its designated person an option to purchase any
      or
      all of the Pledged Equity at nominal value, to the extent legally permitted
      under the PRC laws; 

    

    Party
      C
      may not dispose or encumber the Pledged Equity in any manner without the prior
      written consent of Party A.

    

    6. INDEMNITY

    Both
      Party B and Party C shall jointly and severally indemnify and hold harmless
      Party A from and against any loss, damage, obligation and cost arising out
      of
      this Agreement due to the breach of this Agreement by Party B or Party
      C.

    

    Party
      A
      shall indemnify and hold harmless Party B and Party C from and against any
      loss,
      damage, obligation and cost arising out of this Agreement due to the breach
      of
      this Agreement by Party A.

    

    7. EFFECTIVE
      DATE AND TERM 

    This
      Agreement shall be executed and come into effect as of the date first set forth
      above.

     

    The
      term
      of this Agreement is ten (10) years, unless otherwise terminated pursuant to
      the
      terms and conditions of this Agreement. Upon the expiration, the term of this
      Agreement shall be renewed automatically for another ten (10) years unless
      any
      Party provides in writing that it does not wish to renew this Agreement.

    

    Party
      A
      may review this Agreement on an annual basis and, in its sole discretion,
      determine whether any amendment to the Agreement is necessary or desirable
      in
      response to the change of circumstances, business conducted by Party B as well
      as the Services rendered. 

    

    8. TERMINATION
      

    This
      Agreement shall expire on the date due unless this Agreement is renewed as
      set
      forth above. 

     

    Articles
      4 and 6 shall survive after the termination or expiration of this Agreement.
      

    

    9. SETTLEMENT
      OF DISPUTES

    Any
      dispute, controversy or claim arising out of or relating to this Agreement,
      or
      the interpretation, breach, termination or validity hereof shall be resolved
      through consultation. Such consultation shall begin immediately after one Party
      hereto has delivered to the other Parties hereto a written request for such
      consultation. If within thirty (30) days following the date on which such notice
      is given the dispute cannot be resolved, the dispute shall be submitted to
      arbitration upon the request of either Party with notice to the other.

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    

    All
      disputes arising out of or in connection with this Agreement shall be submitted
      to the Hong Kong International Arbitration Centre (the “HKIAC”)
      for
      arbitration in Hong Kong, which shall be conducted in accordance with HKIAC’s
      arbitration rules then in effect. The language of the arbitration shall be
      in
      Chinese. The arbitration award shall be final and binding upon the Parties
      and
      shall be enforceable in accordance with its terms. 

    

    During
      the period when a dispute is being resolved, the Parties shall in all other
      respects continue their performance of this Agreement other than the matter(s)
      in dispute.

    

    10. FORCE
      MAJEURE 

    Force
      Majeure, which includes acts of governments, acts of nature, fire, explosion,
      typhoon, flood, earthquake, tide, lightning, war, means any event that is beyond
      the party's reasonable control and cannot be prevented with reasonable care.
      However, any shortage of credit, capital or finance shall not be regarded as
      an
      event of Force Majeure. The affected party who is claiming to be not liable
      to
      its failure of performing this Agreement by Force Majeure shall inform the
      other
      party, without delay, of the alternative approaches for the performance of
      this
      Agreement. 

    

    In
      the
      event that the affected party is delayed in or prevented from performing its
      obligations under this Agreement by Force Majeure, only within the scope of
      such
      delay or prevention, the affected party will not be responsible for any damage
      by reason of such a failure or delay of performance. The affected party shall
      take appropriate means to minimize or remove the effects of Force Majeure and
      attempt to resume performance of the obligations delayed or prevented by the
      event of Force Majeure. After the event of Force Majeure is removed, Parties
      shall agree to resume performance of this Agreement with their best efforts.
      

    

    11. NOTICES
      

    All
      notices, demands or other communications given hereunder (a) shall be
      deemed to have been duly given and received (i) upon personal delivery,
      (ii) if by facsimile, when confirmation of its error-free transmission has
      been recorded by the sender's fax machine, or (iii) the second succeeding
      business day after deposit with UPS or other equivalent air courier delivery
      service, unless the notice is held or retained by the customs service, in which
      case the date shall be the fifth succeeding business day after such deposit
      and
      (b) must be in writing and delivered personally, by a recognized courier
      service, by a recognized overnight delivery service, by facsimile or by
      registered or certified mail, postage prepaid, at the following addresses (or
      to
      the attention of such other Person or such other address as any party may
      provide to the other parties by notice in accordance with this
      Article):

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    If
      to
      Party A, to:

    Address:
      Room 609, Building A, Gehua Tower, No. 1 Qinglong Hutong, Dongcheng District,
      Beijing 

    Facsimile
      No: 86-10-8487 7176

    Attn:
      Jeffrey Dash

     

    If
      to
      Party B or Party C, to 

    Address:
      Room 8-3-101, Guanyuan Plaza, No. 1 Cuihua Street, Xicheng District,
      Beijing.

    Facsimile
      No: 010-66126396

    Attn:
      Ju
      Baochun

    

    12. NO
      ASSIGNMENT 

    None
      of
      the Parties may assign any of its rights or obligations under this Agreement
      to
      any party without the prior written consent of the other Parties.

    

    13. SEVERABILITY
      

    Any
      provision of this Agreement that is invalid or unenforceable in any jurisdiction
      shall, as to such jurisdiction, be ineffective to the extent of such invalidity
      or unenforceability, without affecting in any way the remaining provisions
      hereof in such jurisdiction or rendering that any other provision of this
      Agreement invalid or unenforceable in any other jurisdiction. 

    

    14. GOVERNING
      LAW 

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

    

    15. LANGUAGE
      

    This
      Agreement is executed in both English and Chinese, with equal validity and
      legal
      effect. 

    

    16. NO
      THIRD PARTY BENEFICIARY

    This
      agreement shall only be binding upon the parties hereto and their respective
      permitted successors and transferees, without giving any beneficiary right
      to
      any third party.

     

    17. HEADINGS

    The
      captions, titles and headings included in this Agreement are for convenience
      only, and do not affect this Agreement’s construction or
      interpretation.

    

    [SIGNATURE
      PAGES FOLLOW]

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

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

    

    PARTY
      A

     

    Legend
      Media (Beijing) Information and Technology Co., Ltd. (乐君(北京)信息技术有榰公司)

    (chop)

    
      
        	
                Signature:

              	
                /s/
                  JEFFREY DASH

              

      

    

    Name:
      Jeffrey Dash

    Title:
      Legal Representative 

    

    PARTY
      B

    Beijing
      Yinselingdong Advertising Co., Ltd.

    (chop)

    
      
        	
                Signature:

              	
                /s/
                  XUE WEI

              

      

    

    Name:
      Xue
      Wei (穥伟)

    Title:
      Legal Representative

    

    PARTY
      C

     

    
      
        	
                Signature:

              	
                /s/
                  JU BINGZHEN

              

      

    

    Name:
      JU
      BINGZHEN (巨秉珍)

    

      
        	
                Signature:

              	
                /s/
                  XUE WEI

              

      

    

    Name:
      XUE
      WEI (穥伟)

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    APPENDIX
      I

    THE
      SCOPE OF SERVICES

    

    The
      Services to be provided by Party A to Party B shall include:

    

    
      	 	
              (e)

            	
              overall
                management and administrative services, including, without limitation,
                the
                accounting and human resources; 

            

    

    
      	 	
              (f)

            	
              market
                research, data collection and analysis, including, without limitation,
                feasibility report and marketing consulting service;
                

            

    

    
      	 	
              (g)

            	
              design
                and execution of marketing development strategy, including, without
                limitation, organizing sales force and providing marketing support,
                client
                development as well as relationship
                management;

            

    

    
      	 	
              (h)

            	
              technical
                support and service, including, without limitation, the daily maintenance,
                supervision and problem-solving of equipments used in the ordinary
                course
                of business of Party B, and timely response to any urgent request
                in case
                of any sudden failure of such equipments;

            

    

    
      	 	
              (i)

            	
              personnel
                secondment to meet human resource need of Party B on a temporary
                or
                fixed-term basis; and

            

    

    
      	 	
              (j)

            	
              Any
                other services related to the business of Party B as reasonably requested
                by Party B and agreed by Party A from time to
                time.

            

    

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    APPENDIX
      II

    CALCULATION
      AND PAYMENT OF THE SERVICES FEE

    

    The
      service fee for the Services shall be calculated and paid as follows (the
“Service
      Fee”):

    

    
      	
              1.

            	
              The
                Service Fee for the related fiscal year payable by Party B to Party
                A
                shall consist of (i) the Basic Service Fee and (ii) the Bonus Service
                Fee;
                where:

            

    

    
      	 	
              a)

            	
              The
                Basic Service Fee shall equal to 40% of the Total Revenue (as defined
                below) of Party B;

            

    

    
      	 	
              b)

            	
              In
                case that the Gross Margin for the related fiscal year (the “Actual
                Margin”)
                is more than 40% (the “Benchmark
                Margin”),
                then the Bonus Service Fee shall equal to the product of (i) 40%
                of the
                Total Revenue times (ii) the difference of Actual Margin minus the
                Benchmark Margin.

            

    

    

    For
      the
      purpose of this Agreement, 

    
      	 	
              a)

            	
              The
                Total Revenue means the aggregate revenue of the Party B for the
                related
                fiscal year;

            

    

    
      	 	
              b)

            	
              The
                Gross Margin means the percentage, the denominator of which being
                the
                Total Revenue minus the cost of the Contracts (as defined below) for
                the related fiscal year and the nominator being the Total Revenue;
                

            

    

    
      	 	
              c)

            	
              The
                Contracts means the Exclusive Advertising Agency Contract For Xin
                Hua Airlines(《新华緖空》广告总代理合同)
                by and between YSLD and Bejing Huoli Huanxiang Advertising Co., Ltd.
                (北京活力幻像广告有榰公司).
                . 

            

    

    

    
      	
              2.

            	
              The
                Services Fee shall be payable by Party B to Party A on a monthly
                basis.
                The estimated monthly pro rata Service Fee for any given fiscal year
                shall
                be 10% of the Service Fee of the preceding fiscal year, while Party
                A
                shall consult with Party B and in good faith determine the estimated
                monthly pro rata Service Fee for the first fiscal year. The monthly
                Service Fee shall be payable on or prior to the first calendar day
                of each
                month.

            

    

    

    
      	
              3.

            	
              If
                the Service Fee actually paid for any given fiscal year is more than
                the
                Service Fee payable for such fiscal year calculated above, then any
                extra
                amount paid shall be used to deduct any Service Fee for the immediately
                succeeding fiscal year; or If the Service Fee actually paid for any
                given
                fiscal year is less than the Service Fee payable for such fiscal
                year
                calculated above, then the shortage amount shall be immediately payable
                to
                Party A.

            

    

     

    
      
        
        

      

      
        10

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