Document:

exv10w02

Exhibit 10.02

SHANDA GAMES LIMITED

FORM OF INDEMNIFICATION AGREEMENT

     This Indemnification Agreement (“Agreement”) is made as of by and between Shanda Games
Limited, a Cayman Islands company (the “Company”), and                      (“Indemnitee”).

     WHEREAS, the Company wishes to attract and retain the services of Indemnitee, to serve as a
member of the board of directors (“Director”) or as an officer (“Officer”) of the Company; and

     WHEREAS, the Company recognizes Indemnitee’s need for protection against personal liability
for actions taken, or not taken, in good faith by Indemnitee in his or her capacity as a Director
or Officer, as applicable, and in order to assure Indemnitee’s continued service to the Company,
the Company wishes to provide in this Agreement for the indemnification of and the advancing of
expenses to Indemnitee;

     NOW, THEREFORE, the parties hereto hereby agree as follows:

     1. Indemnification. Subject to the operation of Section 2, Indemnitee will be
indemnified and held harmless by the Company to the fullest extent authorized by the Companies Law
of the Cayman Islands (the “Companies Law”), as the same exists or may hereafter be amended (but,
in the case of any such amendment, only to the extent that such amendment permits the Company to
provide broader indemnification rights than such law permitted the Company to provide prior to such
amendment) against any and all Expenses (as defined below), judgments, penalties, fines and amounts
paid in settlement, in each case to the extent actually incurred by Indemnitee or on Indemnitee’s
behalf in connection with any threatened, pending or completed Proceeding (as defined below) or any
claim, issue or matter therein, which Indemnitee is, or is threatened to be made, a party to or
participant in by reason of such Indemnitee’s status as a Director or Officer of the Company, as
the case may be, if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed
to be in or not opposed to the best interests of the Company and, with respect to any criminal
Proceeding, had no reasonable cause to believe his or her conduct was unlawful. The rights of
indemnification provided by this Section 1 will exist as to Indemnitee after he or she has ceased
to be a Director or Officer, as the case may be, and will inure to the benefit of his or her heirs,
executors, administrators and personal representatives. Notwithstanding the foregoing, the Company
will indemnify Indemnitee seeking indemnification in connection with a Proceeding initiated by
Indemnitee only if such Proceeding was authorized by the Board of Directors of the Company. the
Company hereby agrees to indemnify such Indemnitee’s heirs, executors, administrators and personal
representatives as express third-party beneficiaries hereunder to the same extent and subject to
the same limitations applicable to Indemnitee hereunder for claims arising out of the status of
such persons as heirs, executors, administrators and personal representatives of an Indemnitee.

     2. Good Faith. No indemnification will be provided pursuant to this Agreement if a
determination is made by a court of appropriate jurisdiction that Indemnitee did not act in good
faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests
of the Company and, with respect to any criminal Proceeding, that Indemnitee had reasonable cause
to believe his or her conduct was unlawful.

     3. Notice/Cooperation by Indemnitee. Indemnitee will, as a condition precedent to his
or her right to be indemnified pursuant to this Agreement, give the Company notice in writing as
soon as practicable of any claim made against Indemnitee for which indemnification will or could be
sought under this Agreement. Such notice will contain the written affirmation of Indemnitee that
the standard of conduct necessary for indemnification hereunder has been satisfied. Notice to the
Company will be directed to the Chief Executive Officer or Chairman of the Board of the

 

 

Company in the manner set forth below. Indemnitee will give the Company such information and
cooperation as it may reasonably require and as is within Indemnitee’s power. A delay in giving
notice under this Section 3 will not invalidate Indemnitee’s right to be indemnified under this
Agreement except to the extent such delay prejudices the defense of the claim or the availability
to the Company of insurance coverage for such claim. All notices, requests, demands and other
communications under this Agreement will be in writing and may be given by email, facsimile or
similar writing and express mail or courier delivery or in person delivery, but not by ordinary
mail delivery. All such notices, requests and other communications will be deemed received: (i) if
given by email or fax, when transmitted to the email address or fax number specified on the
signature page of this Agreement, upon receipt; (ii) if given by express mail, air courier or in
person, when delivered.

     4. Advancement of Expenses to Indemnitee Prior to Final Disposition. The Company will
advance all Expenses incurred by or on behalf of Indemnitee in connection with any Proceeding in
which Indemnitee is involved by reason of Indemnitee’s status as a Director or Officer of the
Company, as the case may be, within 10 days after the receipt by the Company of a written statement
from Indemnitee requesting such advance or advances from time to time, whether prior to or after
final disposition of such Proceeding. Such statement or statements will reasonably evidence the
Expenses incurred by Indemnitee and will be preceded or accompanied by an undertaking by or on
behalf of Indemnitee to repay any Expenses so advanced if it is ultimately be determined that such
Indemnitee is not entitled to be indemnified against such Expenses. Indemnitee’s obligation to
reimburse the Company for any Expenses will be unsecured and will be accepted by the Company
without reference to Indemnitee’s ability to repay Expenses.

     5. Nature of Rights. The failure of the Company (including its Board of Directors or
any committee or subgroup thereof, independent legal counsel, or shareholders) to make a
determination concerning the permissibility of such indemnification or advancement of Expenses for
Indemnitee will not be a defense to the action and will not create a presumption that such
indemnification or advancement is not permissible. It is the parties’ intention that if the Company
contests Indemnitee’s right to indemnification, the question of Indemnitee’s right to
indemnification will be for the court of appropriate jurisdiction to decide, and neither the
failure of the Company (including its Board of Directors, any committee or subgroup of the Board of
Directors, independent legal counsel, or its shareholders) to have made a determination that
indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the
applicable standard of conduct required by applicable law, nor an actual determination by the
Company (including its Board of Directors, any committee or subgroup of the Board of Directors,
independent legal counsel, or its shareholders) that the Indemnitee has not met such applicable
standard of conduct will create a presumption that Indemnitee has or has not met the applicable
standard of conduct. Accordingly, if Indemnitee has commenced or thereafter commences legal
proceedings in a court of competent jurisdiction to secure a determination that Indemnitee is
entitled to be indemnified hereunder under applicable law, then (x) Indemnitee will not be required
to reimburse the Company for any Expenses theretofore paid in indemnifying Indemnitee and (y)
Indemnitee will be entitled to receive interim payments of Expenses pursuant to Section 4, in each
case until a determination is made by such court in respect of Indemnitee’s claim for
indemnification.

     6. Non-Exclusivity of Rights. The rights to indemnification and advancement of
Expenses set forth in this Agreement will not be exclusive of any other right that Indemnitee may
have or may hereafter acquire under any statute, provision of the Amended and Restated Articles of
Association or Memorandum of Association of the Company, vote of shareholders or Directors of the
Company or otherwise.

     7. Partial and Mandatory Indemnification.

     (a) If Indemnitee is entitled under any provision of this Agreement to indemnification by the
Company for some or a portion of the Expenses, judgments, fines or penalties actually or reasonably
incurred by him or her in the investigation, defense, appeal or settlement of any Proceeding, but
not, however, for the total amount thereof, the Company will nevertheless

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indemnify Indemnitee for the portion of such Expenses, judgments, fines or penalties to which
Indemnitee is entitled. Attorneys’ fees and expenses will not be prorated but will be deemed to
apply to the portion of indemnification to which Indemnitee is entitled.

     (b) Notwithstanding any other provision of this Agreement, but subject to Section 8, to the
extent that Indemnitee has been successful on the merits or otherwise, including, without
limitation, the dismissal of an action without prejudice, in defense of any Proceeding, Indemnitee
will be indemnified against all Expenses incurred by Indemnitee in connection therewith.

     8. Mutual Acknowledgment. By accepting any potential benefits under this Agreement,
Indemnitee acknowledges that in certain instances, applicable law or public policy may prohibit the
Company from indemnifying Indemnitee pursuant to this Agreement or otherwise.

     9. Insurance. The Company may maintain insurance, at its expense, to protect itself
and Indemnitee against any liability of any character asserted against or incurred by the Company
or Indemnitee, or arising out of Indemnitee’s status as a Director or Officer of the Company, as
the case may be, whether or not the Company would have the power to indemnify Indemnitee against
such liability under the Companies Law or the provisions of this Agreement. To the extent the
Company maintains liability insurance applicable to directors, officers, managers, employees,
agents or fiduciaries, Indemnitee will be covered by such policies in such a manner as to provide
Indemnitee the same rights and benefits as are provided to the most favorably insured of the
Company’s directors, officers, managers, employees, agents or fiduciaries.

     10. Settlements. The Company will not be liable to Indemnitee under this Agreement for
any amounts paid in settlement of any threatened or pending Proceeding effected without the
Company’s prior written consent. The Company will not, without the prior written consent of the
Indemnitee, effect any settlement of any threatened or pending Proceeding which Indemnitee is or
could have been a party unless such settlement solely involves the payment of money and includes a
complete and unconditional release of the Indemnitee from all liability on any claims that are the
subject matter of such Proceeding. Neither the Company nor Indemnitee will unreasonably withhold
its consent to any proposed settlement; provided that Indemnitee may withhold consent to any
settlement that does not provide a complete and unconditional release of Indemnitee.

     11. Definitions. For purposes of this Agreement, the following terms will have the
following meanings:

     (a) “Expenses” means all reasonable attorneys’ fees, retainers, court costs, transcript costs,
fees of expert witnesses, private investigators and professional advisors (including, without
limitation, accountants and investment bankers), travel expenses, duplicating costs, printing and
binding costs, costs of preparation of demonstrative evidence and other courtroom presentation aids
and devices, costs incurred in connection with document review, organization, imaging and
computerization, telephone charges, postage, delivery service fees, and all other disbursements,
costs or expenses of the type customarily incurred in connection with prosecuting, defending,
preparing to prosecute or defend, investigating, being or preparing to be a witness in, settling or
otherwise participating in, a Proceeding.

     (b) “Proceeding” means any threatened, pending or completed action, suit, arbitration,
alternate dispute resolution mechanism, inquiry, investigation, administrative hearing or other
proceeding, whether civil, criminal, administrative, arbitrative or investigative.

     12. Counterparts. This Agreement may be executed in one or more counterparts, each of
which will constitute an original and all of which together will constitute a single agreement.

     13. Successors and Assigns. This Agreement will be binding upon the Company and its
respective successors and assigns, including any constituent corporation (including any constituent
of a constituent) absorbed in a consolidation or merger to which the Company (or any of its wholly
owned subsidiaries) is a party which, if its separate existence had continued, would have had power
and authority to indemnify its directors, officers, employees, agents or fiduciaries, so that if
Indemnitee is or was a director, officer, employee, agent or fiduciary of such constituent

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corporation, or is or was serving at the request of such constituent corporation as a
director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture,
employee benefit plan, trust or other enterprise, Indemnitee will stand in the same position under
the provisions of this Agreement with respect to the resulting or surviving corporation as
Indemnitee would have with respect to such constituent corporation if its separate existence had
continued.

     14. Attorneys’ Fees. In the event that any action is instituted by Indemnitee under
this Agreement to enforce or interpret any of the terms hereof, Indemnitee will be entitled to be
paid all court costs and expenses, including reasonable attorneys’ fees, incurred by Indemnitee
with respect to such action, unless as a part of such action, the court of competent jurisdiction
determines that each of the material assertions made by Indemnitee as a basis for such action were
not made in good faith or were frivolous. In the event of an action instituted by or in the name of
the Company under this Agreement or to enforce or interpret any of the terms of this Agreement,
Indemnitee will be entitled to be paid all court costs and expenses, including reasonable
attorneys’ fees, incurred by Indemnitee in defense of such action (including with respect to
Indemnitee’s counterclaims and cross-claims made in such action), unless as a part of such action
the court determines that each of Indemnitee’s material defenses to such action were made in bad
faith or were frivolous.

     15. Choice of Law. This Agreement will be governed by and its provisions construed in
accordance with the laws of the State of New York, without application of the conflict of law
principles thereof.

     16. Consent to Jurisdiction.

     (a) Each party hereby irrevocably and unconditionally submits, for itself and its property, to
the exclusive jurisdiction of the New York state courts located in the Borough of Manhattan, City
of New York or the United States District for the Southern District of New York (as applicable, a
“New York Court”), and any appellate court from any such court, in any suit, action or proceeding
arising out of or relating to this Agreement, or for recognition or enforcement of any judgment
resulting from any such suit, action or proceeding, and each party hereby irrevocably and
unconditionally agrees that all claims in respect of any such suit, action or proceeding may be
heard and determined in a New York Court.

     (b) It will be a condition precedent to a party’s right to bring any such suit, action or
proceeding that such suit, action or proceeding, in the first instance, be brought in a New York
Court (unless such suit, action or proceeding is brought solely to obtain discovery or to enforce a
judgment), and if each such court refuses to accept jurisdiction with respect thereto, such suit,
action or proceeding may be brought in any other court with jurisdiction.

     (c) No party may move to (i) transfer any such suit, action or proceeding from a New York
Court to another jurisdiction, (ii) consolidate any such suit, action or proceeding brought in a
New York Court with a suit, action or proceeding in another jurisdiction unless such motion seeks
solely and exclusively to consolidate such suit, action or proceeding in a New York Court, or (iii)
dismiss any such suit, action or proceeding brought in a New York Court for the purpose of bringing
or defending the same in another jurisdiction.

     (d) Each party hereby irrevocably and unconditionally waives, to the fullest extent it may
legally and effectively do so, (i) any objection which it may now or hereafter have to the laying
of venue of any suit, action or proceeding arising out of or relating to this Agreement in a New
York Court, (ii) the defense of an inconvenient forum to the maintenance of such suit, action or
proceeding in a New York Court, and (iii) the right to object, with respect to such suit, action or
proceeding, that such court does not have jurisdiction over such person. Each party irrevocably
consents to service of process in any manner permitted by law.

     17. Severability. The provisions of this Agreement will be severable in the event that
any of the provisions hereof (including any provision within a single section, paragraph or
sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise
unenforceable, and the remaining provisions will remain enforceable to the fullest extent permitted
by law. Furthermore,

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to the fullest extent possible, the provisions of the Agreement (including without limitation
each portion of this Agreement containing any provision held to be invalid, void or otherwise
unenforceable, that is not itself invalid, void or unenforceable) will be construed so as to give
effect to the intent manifested by the provision held invalid, illegal or unenforceable.

     18. Subrogation. In the event of payment under this Agreement, the Company will be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who will
execute all documents required and will do all acts that may be reasonably necessary to secure such
rights and to enable the Company effectively to bring suit to enforce such rights.

     19. Amendment and Termination. No amendment, waiver or termination of this Agreement
will be effective unless it is in writing signed by both the parties hereto. No waiver of any of
the provisions of this Agreement will be deemed to be or will constitute a waiver of any other
provisions hereof (whether or not similar), nor will such waiver constitute a continuing waiver.

     20. Integration and Entire Agreement. This Agreement sets forth the entire
understanding between the parties hereto and supersedes and merges all previous written and oral
negotiations, commitments, understandings and agreements relating to the subject matter hereof
between the parties hereto.

     21. No Construction as Employment Agreement. Nothing contained in this Agreement will
be construed as giving Indemnitee any right to be retained in the employ of the Company or any of
its subsidiaries or affiliated entities.

[SIGNATURE PAGE FOLLOWS]

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     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above
written.

	 	 	 	 	 
	 	SHANDA GAMES LIMITED

 	 
	 	By: 	________________________
 	 
	 	 	Name:  	 	 
	 	 	Title:  	
	 	Address:

No.1 Office Building

No. 690 Bibo Road

Pudong New Area

Shanghai, 201203

People’s Republic of China

Email:

Fax:	 

	 	 	 	 	 
	 
	 	INDEMNITEE

[NAME]

	 	Signature: 	________________________
 

	 	Title:

Address:

	 	________________________
 

	 
	 	________________________
 

	 
	 	________________________
 

	 
	 	Email:

Fax:

 	 
	 	 	 
	 	 	 
	 	 	 
	 

[Signature Page to Indemnification Agreement]

6exv10w03

Exhibit 10.03

 

EMPLOYMENT AGREEMENT 

BETWEEN

X X X X X X X X X

AND

XXXXXXXXX

April X, 2009

 

 

EMPLOYMENT AGREEMENT

          This
agreement is entered into as of April X, 2009 (the “Effective Date”) between XXXXXXXXX, a
corporation duly organized and validly existing under the laws of
HongKong (the “Company”), and
XXXXXX(the “Employee”).

          Company and Employee shall be referred to individually as a “Party” and collective as the
“Parties”.

     RECITALS

          WHEREAS, the Employee has substantial experience that is valuable to the Company.

          NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto agree as follows:

Section 1. Employment.

          The Company shall employ the Employee, and the Employee accepts employment with the Company,
upon the terms and conditions set forth in this Agreement for the period beginning on the Effective
Date and ending on the Termination Date determined pursuant to Section 4(a) (the “Employment
Period”).

Section 2. Base Salary and Benefits.

          During the Employment Period, the Employee’s base salary shall be payable in such installments
as is customary for other senior employees of the Company. In addition, during the Employment
Period, the Employee shall be entitled to participate in all employee benefit programs for which
other senior employees of the Company are generally eligible and the Employee shall be eligible to
participate in all insurance plans available generally to other senior employees of the Company as
set forth in Exhibit A.

Section 3. Position and Duties.

          (a) During the Employment Period, the Employee shall initially serve as XXXXXXX
of the Company, and shall report to the Board. The Employee acknowledges and agrees that he owes
a fiduciary duty of loyalty to the Company and to its Affiliates to discharge his duties and
otherwise act in a manner consistent with the best interests of the Company and its Affiliates.

          (b) During the Employment Period, the Employee shall devote his best efforts and all of his
working time, attention and energies to the performance of his duties and responsibilities
under this Agreement (except for vacations to which he is entitled pursuant to Section 2 and except
for illness or incapacity). During the Employment Period, the Employee
shall not engage in any business activity which, in the judgment of the Board (excluding the
Employee if he should be a member of the Board at the time of such determination), conflicts

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with the duties of the Employee hereunder, whether or not such activity is pursued for gain,
profit or other pecuniary advantage.

          (c) The Employee acknowledges that he has previously executed and delivered to Company a
Confidentiality and Invention Assignment Agreement. Employee agrees that his obligations
thereunder shall be incorporated herein and be obligations hereof as if such terms had been set
forth herein in full, and such continued performance thereunder shall constitute a condition of
his continued employment hereunder by Company.

          (d) The Employee shall take the position and start working in Shanghai before
xxxxxxx.

Section 4. Term and Termination.

          (a) Term. The initial term of this Agreement shall commence on the Effective
Date and shall expire on the April XXXXX anniversary of the Effective Date, subject to extension
or renewal by mutual written agreement of the Parties hereto or earlier termination in accordance
with the terms and conditions of this Agreement. The initial term and all extensions and renewals
thereof shall collectively be referred to as the “Term.” 

          (b) Termination. 

	 	(i)	 	Mutual Termination Rights.

	 
	 	(a)	 	This Agreement shall terminate upon the expiration of the Term;
	 
	 	(b)	 	This Agreement shall terminate upon the agreement
reached between the Parties through negotiation;
	 
	 	(c)	 	Death. The death of the Employee shall
immediately terminate this Agreement;
	 
	 	(d)	 	Declaration of Missing. In the event
the Employee are declared of missing by the court of the People’s
Republic of China (the “PRC”) and unable to perform the services
required of the Employee hereunder, and such missing continues for a
period of three (3) years;
	 
	 	(ii)	 	Termination by the Company.
	 
	 	(I)	 	The Company may terminate this Agreement
immediately upon written notice thereof for the following causes
(“Cause”):
	 
	 	(a)	 	in the event the commission of a crime involving
fraud, theft or dishonesty by the Employee or that would constitute a
felony (including the Foreign Corrupt Practices Act of 1977); or
	 
	 	(b)	 	in the event of the Employee’s breach of or default under any of the
terms of this Agreement or any other agreement, arrangement or policy

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	 	 	 	of the Company, including, without limitation, the
Confidential Information and Assignment Agreement.
	 
	 	(II)	 	The Company may terminate this Agreement prior to the
expiration of the Term by providing a prior written notice to the Employee
of no less than 30 days under the following circumstances:
	 
	 	(a)	 	in the event Employee has fallen ill or has
sustained injuries not from work, and cannot engage in the original work
or other work arranged by the Company upon the conclusion of medical
treatment (“Disability”);
	 
	 	(b)	 	in the event that Employee has been incapable to
perform a duty and remains incapable after receiving training or being
transferred to another post; or
	 
	 	(c)	 	in the event that a major change in the objective
circumstances under which this Agreement was being drawn up has rendered
this Agreement incapable of being carried out and the Parties have failed
to reach an agreement on the amendment of this Agreement after
negotiations with the Employee.
	 
	 	(iii)	 	Termination by the Employee. The Employee
shall give the Company and the Board at least thirty (30) days’ prior
written notice of a Resignation, with the effective date of such
Resignation specified therein. The Board may, in its discretion,
accelerate the effective date of the Resignation.

          (c) Termination Date. The Employee’s employment under this Agreement shall terminate
upon the earliest to occur (the date of such occurrence being the “Termination Date”) of (i)
XXXXXX anniversary of the Effective Date, (ii) the effective date of the Employee’s resignation (a
“Resignation”), (iii) the Employee’s death or Disability (an “Involuntary Termination”),
and (iv) the effective date of a termination of the Employee’s employment for Cause by the Company
(a “Termination for Cause”). The effective date of a Resignation shall be as determined under
Section 4(b)(iii); the effective date of an Involuntary Termination shall be the date of death or,
in the event of a Disability, the date specified in a notice delivered to the Employee by the
Company; and the effective date of a Termination for Cause shall be the date specified in a notice
delivered to the Employee by the Company of such termination.

Section 5. Effect of Termination.

          (a) Upon any termination, the Employee or his beneficiaries or estate shall have the right to
receive the following:

          (i) the unpaid portion of the Base Salary, computed on a pro rata basis to
the Termination Date;

          (ii) reimbursement for any expenses documented in accordance with
Company policy and for which the Employee shall not have been previously reimbursed.

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          (b) Upon any termination, neither the Employee nor his beneficiaries or estate shall have any
further rights under this Agreement or any rights arising out of this Agreement other than as
provided in Sections 5(a) above. The rights of the Employee set forth in this Section 5 are
intended to be the Employee’s exclusive remedy for termination and, to the greatest extent
permitted by applicable Law, the Employee waives all other remedies.

          (c) The terms of Section 6 and 8, and Exhibit B hereof shall survive the Termination Date.

Section 6. Survival.

          The provisions of Section 5 (Termination), Section 7 (Delivery), Section 9 (Enforcement),
Section 12(b) (Notice), Section 12(g) (Disputes and Governing Law), Exhibit B and
Exhibit C of this Agreement shall survive the termination or expiration of this Agreement.

Section 7. Delivery of Materials Upon Termination of Employment.

          The Employee shall deliver to the Company at the termination of the Employment Period or at
any time the Company may request all memoranda, notes, plans, records, reports, computer tapes and
software and other documents and data (and copies thereof) relating to the Confidential
Information, Work Product which he may then possess or have under his control regardless of the
location or form of such material and, if requested by the Company, will provide the Company with
written confirmation that all such materials have been delivered to the Company.

Section 8. Insurance.

          The Company may, for its own benefit, maintain social insurance policies covering the
Employee. The Employee will cooperate with the Company and provide such information or other
assistance as the Company may reasonably request in connection with the Company obtaining and
maintaining such policies.

Section 9. Enforcement.

          Because the Employee’s services are unique and because the Employee has access to Confidential
Information and Work Product, the parties hereto agree that money damages would be an inadequate
remedy for any breach of this Agreement. Therefore, in the event of a breach or threatened breach
of this Agreement, the Company or its successors or assigns may, in addition to other rights and
remedies existing in their favor, apply to any court of competent jurisdiction for specific
performance and/or injunctive or other relief in order to enforce, or prevent any violations of,
the provisions hereof (without posting a bond or other security).

Section 10. Representations.

          Each party hereby represents and warrants to the other party that

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          (a) the execution, delivery and performance of this Agreement by such party does not and will
not conflict with, breach, violate or cause a default under any agreement, contract or instrument
to which such party is a party or any judgment, order or decree to which such party is subject, and

          (b) upon the execution and delivery of this Agreement by such party, this Agreement will be a
valid and binding obligation of such party, enforceable in accordance with its terms, except as
enforcement hereof may be limited by any applicable bankruptcy, reorganization, insolvency or other
laws affecting creditors rights generally or by general principles of equity.

          In addition, the Employee represents and warrants to the Company that the Employee is not a
party to or bound by any employment agreement, consulting agreement, non-compete agreement,
confidentiality agreement or similar agreement with third party. The Company and the Employee
hereby terminate all existing employment or consulting agreements between them, if any, to the
extent such agreements may be in effect after the date hereof.

Section 11. Definitions.

          “Affiliate”, with respect to a person, shall mean any legal entity (such as a corporation,
partnership, or limited liability company) that controls, is controlled by or, is under common
control with such person. For the purposes of this definition, the term “control” means the
possession, directly or indirectly, of the power to direct or cause the direction of the management
and policies of such legal entity, whether through the ownership of voting securities or by
contract. “Board” shall mean the board of directors of the Company.

          “Business Day” shall mean any day that is not a Saturday or Sunday or any other day on which
banks in the PRC are generally closed for business.

          “Confidential Information” means information that is not generally known to the public
and that is used, developed or obtained by the Company or any of its Affiliates, including, but not
limited to, (i) information, observations, procedures and data obtained by the Employee while
employed by the Company (including those obtained prior to the date of this Agreement) concerning
the business or affairs of the Company or any of its Affiliates, (ii) products or services, (iii)
costs and pricing structures, (iv) analyses, (v) drawings, photographs and reports, (vi) computer
software, including operating systems, applications and program listings, (vii) flow charts,
manuals and documentation, (viii) data bases, (ix) accounting and business methods, (x) inventions,
devices, new developments, methods and processes, whether patentable or unpatentable and whether or
not reduced to practice, (xi) customers and customer lists, (xii) other copyrightable works, (xiii)
all production methods, processes, technology and trade secrets, and (xiv) all similar and related
information in whatever form. Confidential Information will not include any information (i) that
has been published in a form generally available to the public prior to the date the Employee
proposes to disclose or use such information or (ii) that may be required by law or an order of any
court, agency or proceeding to be disclosed. Confidential Information will not be deemed to have
been published merely because individual portions of the information have been separately
published, but only if all material features comprising such information have been published in
combination.

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          “Work Product” shall mean all inventions, innovations, improvements, technical information,
systems, software developments, methods, designs, analyses, drawings, reports, service marks,
trademarks, tradenames, logos and all similar or related information (whether patentable or
unpatentable) which relates to the Company’s or any of its Affiliates’ actual or anticipated
business, research and development or existing or future products or services and which are
conceived, developed or made by the Employee (whether or not during usual business hours and
whether or not alone or in conjunction with any other third party) while employed by the Company
(including those conceived, developed or made prior to the date of this Agreement) together with
all patent applications, letters patent, trademark, tradename and service mark applications or
registrations, copyrights and reissues thereof that may be granted for or upon any of the
foregoing.

Section 12. General Provisions.

          (a) Severability. It is the desire and intent of the Parties hereto that the
provisions of this Agreement be enforced to the fullest extent permissible under the laws and
public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any
particular provision of this Agreement shall be adjudicated by a court of competent jurisdiction to
be invalid, prohibited or unenforceable for any reason, such provision, as to such jurisdiction,
shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting
the validity or enforceability of this Agreement or affecting the validity or enforceability of
such provision in any other jurisdiction. Notwithstanding the foregoing, if such provision could
be more narrowly drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction,
it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining
provisions of this Agreement or affecting the validity or enforceability of such provision in any
other jurisdiction.

          (b) Notices. All notices, requests, demands, claims and other communications
hereunder shall be in writing and sufficient if (i) delivered personally, (ii) telecopied or (iii)
sent to the recipient by a nationally-recognized overnight courier service (charges prepaid) and
addressed to the intended recipient as set forth below:

          (a) if to the Employee, to him at:

Name:

[Address]

Telecopier:

          (b) if to the Company, to:

Shanda Games Limited

No. 1 Office Building, No. 690 Bibo Road, Pudong New Area,

Shanghai, P.R.China

201203

Telecopier: +86-21-50504740

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or such other address as the recipient party to whom notice is to be given may have furnished to
the other party in writing in accordance herewith. Any such communication shall deemed to have been
delivered and received (a) in the case of personal delivery, on the date of such delivery, (b) in
the case of delivery by mail, on the third Business Day following such mailing, (c) if telecopied,
on the date telecopied, and (d) in the case of delivery by nationally-recognized, overnight
courier, on the Business Day following dispatch.

          (c) Entire Agreement. This Agreement and the documents expressly referred to herein
embody the complete agreement and understanding among the Parties and supersede and preempt any
prior understandings, agreements or representations by or among the Parties, written or oral, which
may have related to the subject matter hereof in any way.

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

          (e) Successors and Assigns. Except as otherwise provided herein, this
Agreement shall bind and inure to the benefit of and be enforceable by the Employee and the Company
and the Company’s successors, assigns, as the case may be.

          (f) Amendment and Waiver. The provisions of this Agreement may be amended and
waived only with the prior written consent of the Company and the Employee, and no course of
conduct or failure or delay in enforcing the provisions of this Agreement shall affect the
validity, binding effect or enforceability of this Agreement or any provision hereof.

          (g) Governing Law. This Agreement shall be governed by and construed in accordance
with the domestic laws of the PRC without giving effect to any choice or conflict of law provision
or rule that would cause the application of the laws of any jurisdiction other than the People’s Republic of China.

          (h) Descriptive Headings; Nouns and Pronouns. Descriptive headings are for
convenience only and shall not control or affect the meaning or construction of any provision of
this Agreement. Whenever the context may require, any pronouns used herein shall include the
corresponding masculine, feminine or neuter forms, and the singular form of nouns and pronouns
shall include the plural and vice-versa.

          (i) Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL
RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO
THIS AGREEMENT.

*  *  *  *  *

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          IN WITNESS WHEREOF, the parties hereto have executed this Employment Agreement as of the date
first written above.

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 

	 	 	 	Name: 	 	 
	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	   	 	 
	 
	 

	 	EMPLOYEE NAME	 	 

 

Exhibit A

BASE SALARY AND BENEFITS

	1.	 	Base Salary. During the Employment Period, the Employee’s base salary shall be
$XXXXX per month (the “Base Salary”), which salary shall be payable in such
installments as is customary for other senior employees of the Company.
	 
	2.	 	Benefit Program. During the Employment Period, the Employee shall be entitled to
participate in all employee benefit programs for which other senior employees of the Company
are generally eligible and the Employee shall be eligible to participate in all insurance
plans available generally to other senior employees of the Company. The Employee shall be
entitled to take 12-days of paid vacation annually.
	 
	3.	 	Incentive Bonus. The Employee may receive an incentive bonus for each fiscal year
of
the Company during the Employment Period. The amount of such incentive bonus shall be
determined by the members of the Board (excluding the Employee if he should be a member of
the Board at the time of such determination) subject to authorization by a shareholders’
meeting. For the avoidance of doubt, the first year of the Employment Period shall be begin
on the Start Date and end one year later. If the Company pays incentive bonuses at a time
that does not correspond with the first anniversary of the Start Date, the incentive bonus
for the appropriate periods shall reflect at least a prorate portion of the incentive bonus.
	 
	4.	 	Tax Withholding. The Company shall deduct from any payments to be made by it to
the Employee under this Agreement any amounts required to be withheld in respect of any
income or other taxes in the PRC.

 

Exhibit B

NON-COMPETE, NON-SOLICITATION AND

NON-DISPARAGEMENT AGREEMENT

	1.	 	The Employee acknowledges and agrees with the Company that during the course of the
Employee’s employment with the Company, the Employee has had and will continue to have the
opportunity to develop relationships with existing employees, customers and other business
associates of the Company and its Affiliates which relationships constitute goodwill of the
Company, and the Company would be irreparably damaged if the Employee were to take actions
that would damage or misappropriate such goodwill. Accordingly, the Employee agrees as
follows:

	 	(a)	 	The Employee acknowledges that the Company currently conducts or has plans to
conduct the subject business throughout the world (the
“Territory”).
Accordingly, during the term hereof and until the first anniversary of the Termination
Date (as applicable, the “Non-Compete Period”), the Employee shall not, directly or
indirectly, enter into, engage in, assist, give or lend funds to or otherwise finance,
be employed by or consult with, or have a financial or other interest in, any business
that competes with the Company within the Territory, whether for or by himself or as an
independent contractor, agent, stockholder, partner or joint ventures for any other
Person. To the extent that the covenant provided for in this Section l(a) may later
be deemed by a court to be too broad to be enforced with respect to its duration or
with respect to any particular activity or geographic area, the court making such
determination shall have the power to reduce the duration or scope of the provision,
and to add or delete specific words or phrases to or from the provision. The
provision as modified shall then be enforced.
	 
	 	(b)	 	Notwithstanding the foregoing, the aggregate ownership by the Employee of no
more than two percent (on a fully-diluted basis) of the outstanding equity securities
of any Person, which securities are traded on a national or foreign securities
exchange, quoted on the NASDAQ stock market or other automated quotation system, and
which Person competes with the Company (or any part thereof) within the Territory,
shall not be deemed to be a violation of Section l(a). In the event that any Person in
which the Employee has any financial or other interest directly or indirectly
enters into a line of business during the Non-Compete Period that competes
with the Company within the Territory, the Employee shall divest all of his interest
(other than as permitted to be held pursuant to the first sentence of this Section
l(b)) in such Person within 15 days after such Person enters into such line of business
that competes with the Company within the Territory.

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	 	(c)	 	The Employee covenants and agrees that during the period commencing with the
Effective Date and ending on the first anniversary of the Termination Date, the
Employee will not, directly or indirectly, either for himself or for any other
Person (i) solicit any employee of the Company or any of its Affiliates to terminate
his or her employment with the Company or any of its Affiliates or employ any such
individual during his or her employment with the Company or any of its Affiliates
and for a period of one year after such individual terminates his or her employment
with the Company or any of its Affiliates, (ii) solicit any customer of the Company
or any of its Affiliates to purchase or distribute information, products or services
of or on behalf of the Employee or such other Person that are competitive with the
information, products or services provided by the Company or any of its Affiliates,
or (iii) take any action that may cause injury to the relationships between the
Company or any of its Affiliates or any of their employees and any lessor,
lessee, vendor, supplier, customer, distributor, employee, consultant or
other business associate of the Company or any of its Affiliates as such
relationship relates to the Company’s or any of its Affiliates’ conduct of their
business.
	 
	 	(d)	 	The Employee understands that the foregoing restrictions may limit his ability
to earn a livelihood in a business similar to the business of the Company and any of
its Affiliates, but he nevertheless believes that he has received and will receive
sufficient consideration and other benefits as an employee of the Company and as
otherwise provided hereunder or as described in the recitals hereto to clearly justify
such restrictions which, in any event (given his education, skills and ability), the
Employee does not believe would prevent him from otherwise earning a living.

	2.	 	Compensation for the non-competition.

	 	(a)	 	In consideration of the Employee’s responsibility of
non-competition, non-solicitation and non-disparagement under this Agreement, the
Employee shall be paid a compensation for the non-competition in accordance with the
laws and regulations of the PRC (the “Non-competition
Compensation”)
on the Termination Date.
	 
	 	(b)	 	The Employee should pay the Company three times of Non-competition
Compensation (“Damages”) in the event the Employee has breached its obligation in
accordance with Section l(a).

	3.	 	Termination of this Exhibit B. This Exhibit B may be terminated by the
Company, without penalty or liability to the Company, thirty (30) days after providing written notice
to the Employee thereof.

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Exhibit C 

CONSENT

	1.	 	Inventions.

	 	(a)	 	To the extent permitted by law, all rights worldwide with respect to any and
all intellectual or other property of any nature produced, created or suggested by the
Employee during the term of employment or resulting from the Employee’s services shall
be deemed to be a Work Product made for hire and shall be the sole and exclusive
property of the Company. The Employee agrees to execute, acknowledges and delivers to
Company at Company’ request, such further documents as Company finds appropriate to
evidence Company’s rights in such property.
	 
	 	(b)	 	Any confidential and/or proprietary information of Company or any affiliate
thereof shall not be used by the Employee or disclosed or made available by the
Employee to any person except (i) as required in the course of the employment, or (ii)
as required by law or by any administrative equivalent to the judicial subpoena or
legal power of compulsion, to respond to any demand for any such confidential and/or
proprietary information from any court, governmental entity or governmental agency,
provided that if the Employee is so required to respond, the Employee agrees to
provide Company with prompt notice thereof so that Company may seek a protective order
or other appropriate remedy.
	 
	 	(c)	 	Upon the expiration or earlier termination of the term of the employment, the
Employee shall return to Company all such information that exists in written or other
physical form (and all copies thereof) under the Employee’s control.
	 
	 	(d)	 	Without limiting the generality of the foregoing, the Employee acknowledges
signing and delivering to Company “The Code of Ethics for Senior Executives and
Financial Officers” and the Employee agrees that all terms and conditions contained
therein, and all of obligations and commitments provided for therein, shall be deemed,
and hereby are, incorporated into this Agreement as if set forth in full herein. The
provisions of this paragraph shall survive the expiration or earlier termination of
this Agreement.

	2.	 	Confidential Information and Nondisclosure.

	 	(a)	 	Employee agrees that during the Term and for six months after the termination of
his employment with the Company, Employee shall not use or disclose to any
person or otherwise cause unauthorised disclosure of any confidential information
concerning, without limitation, the business, finances, know-how, technology,
product designs, product prices, customer lists, terms and conditions governing
relationships with suppliers or customers of the Company, information about the

13

 

	 	 	 	Company’s investor, its shareholders and affiliates (hereinafter the “Group Companies”)
and which comes to his knowledge during the course of or in connection with his employment
with the Company.
	 
	 	(b)	 	Employee shall, at any time upon request of the Company and upon the termination
of this Agreement, immediately deliver to the Company all books, documents, materials,
drawings, computer data or records, credit cards, his company car together with its keys,
and any other property relating to the business of or belonging to the Company or any other
group company which is in his possession or under his control. Employee is not entitled to
retain copies or reproductions of any of the Property.
	 
	 	(c)	 	This Section 2 shall not apply to information which is:

	 	(i)	 	used or disclosed in the proper performance of the Employee’s duties or
with the consent of the Company or the Board;
	 
	 	(ii)	 	ordered to be disclosed by a court of competent jurisdiction or otherwise
required to be disclosed by law; or
	 
	 	(iii)	 	publicly available (otherwise than due to a default by Employee).

	 	(d)	 	The Employee agrees and acknowledges to deliver the Company a prior six (6) months’ prior
written resignation notice and the Company will take appropriate efforts to request the
Employee return all Work Product or related information pursuant to
Section 2(b) of this
Consent.
	 
	 	(e)	 	The Employee agrees and acknowledges that any material breach, violation or evasion by the
Employee of the terms of this Consent would result in irreparable injury and harm to the
Company, and would cause damage tot the Company in amounts difficult to ascertain, which will
be deemed to a serious breach of the policies of the Company. The Company should have the
right to terminate this Agreement and be paid the three times of Base Salary by the Employee
in the event the Employee has breached its obligation in accordance with this Consent.

14

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