Document:

English Translation of Technology Support and Service Agreement

 Exhibit 10.23 
 English Translation 
 Technology Support and Service Agreement 
 THIS TECHNOLOGY SUPPORT AND SERVICE AGREEMENT (“this Agreement”) is entered into by the parties below in Beijing on June 14, 2007:

 Party A: AirMedia Technology (Beijing) Co., Ltd. 
 Party B: Beijing AirMedia UC Advertising Co., Ltd. 
 WHEREAS, 
  

	(1)	Party A is a wholly foreign-owned enterprise incorporated in accordance with law. It has a strong technology development and technology support capacity and also has ample
experiences in respect of technology support and services; 

  

	(2)	Party B requires a professional technology company to provide technology support and services in the course of its operation and management. 

 NOW, THEREFORE, Party A and Party B, through friendly negotiations and abiding by the principle of equality and mutual benefit, hereby agree as follows: 
  

	1.	Technology Support and Services 

  

	1.1	Subject to the terms and conditions hereof, Party A agrees to provide technology support and services to Party B and Party B agrees to accept the technology support and services
provided by Party A. The contents of technology support and services are as follows: 

  

	 	(1)	Perform research and development on related technologies according to Party B’s business needs; 

  

	 	(2)	Be responsible for the daily maintenance, monitoring, debugging and troubleshooting of Party B’s advertising making and broadcasting system; 

  

	 	(3)	As requested by Party B from time to time, make related investigations and collect relevant data and materials concerning Party B’s technology problems and needs during
business operations; provide the investigation findings and reports within the time limit required by Party B; 

  

	 	(4)	Provide to Party B (such as, but not limited to) the technology design, schemes, drawings, data, parameters, standards, programs, databases, technology research results of the same
type, reports, materials and data in connection with Party B’s technology problems during operation; 

  

	 	(5)	Timely answer Party B’s technology inquiries and if necessary, assign personnel to solve technology problems on site; 

  

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	 	(6)	Provide other related technology support and technology services for Party B according to the provisions of this Agreement. 

  

	1.2	Party B shall actively assist Party A in fulfilling the said work, including, but not limited to, providing related data, technology requirements, explanation, etc.

  

	1.3	The valid term of this Agreement is ten (10) years, starting from the effective date of this Agreement. Both parties agree that the term of this Agreement shall be
automatically extended for ten (10) years upon its expiry, unless either party informs the other party of its intention of no extension at least twenty (20) days prior to the expiration of this Agreement. 

  

	2.	Exclusivity 

 Party A is the exclusive
provider providing the technology support and services hereunder to Party B. Except with Party A’s prior written consent, Party B shall not accept the identical or similar technology support and services provided by any third party. 

 

	3.	Intellectual Property Rights 

 Any and all
intellectual property rights arising from the performance of this Agreement, including, but not limited to, copyright, patent right and technology know-how, shall belong to Party A, and Party B may not be entitled to any right except those as
specified herein. Both parties agree that this article will survive the change, cancellation or termination of this Agreement. 
  

	4.	Service Fee 

 Both parties agree that as a
consideration for the technology support and technology services rendered by Party A to Party B under Article 1.1 hereof, Party B shall pay Party A the service fee pursuant to the stipulation of this Agreement. The amount of service fee and method
of payment are set forth in the annex hereto. This annex may be amended on the basis of implementation after negotiations between both parties. 
  

	5.	Confidentiality 

 This Agreement itself and
all terms hereof are confidential information. Neither party shall disclose such information to any third party except its officers, directors, employees, agents and professional consultants relating to this project, unless the information about
this document is disclosed to government, the public or shareholders in accordance with law or this document is filed with related institution. 
 This article shall survive the change, cancellation or termination of this Agreement. 
  

	6.	Defaulting Liabilities 

 Where either party
fails to perform any of its obligations hereunder, or any of its representations or warranties hereunder is materially untrue or inaccurate, such party shall be deemed to default under this Agreement and shall be held liable for all the losses thus
incurred to the other party. 
  

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	7.	Force Majeure 

 Should either party be
prevented from performing this Agreement due to force majeure, the prevented party shall without any delay notify the other party by cable, fax or other electronic means and within fifteen (15) working days thereafter, provide the written
documentary evidence thereof. Both parties may negotiate whether or not to terminate this Agreement or exempt part of the obligations under this Agreement or delay the performance of this Agreement depending on the effect of such event of force
majeure upon the performance of this Agreement. 
  

	8.	Entire Agreement 

 Both parties acknowledge
that once this Agreement becomes effective, it constitutes the entire agreement and understanding between both parties with respect to the subject matter hereof and supersedes and replaces all prior oral and/or written agreements and understandings
between both parties with respect to the subject matter hereof. 
  

	9.	Supplementary Provisions 

  

	9.1	Any dispute arising from the performance of this Agreement shall be resolved by both parties through friendly negotiations. In case no resolution can be reached, such dispute shall
be referred to Beijing Arbitration Commission for arbitration in accordance with its arbitration rules. Venue of arbitration shall be Beijing and arbitral award shall be final. 

  

	9.2	The annex attached hereto shall form an integral part of this Agreement and has the same effect as the remainder of this Agreement. 

  

	9.3	This Agreement shall come into effect as of the date of signing by both parties. 

  

	9.4	This Agreement is executed in two (2) originals in Chinese, one (1) original for each party. 

 [No text below] 
  

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 Party A: AirMedia Technology (Beijing) Co., Ltd. 
 Authorized representative (signature): /s/ Guo Man 
 Name: Guo Man 
 Title: 
 Common seal: [Seal: AirMedia Technology (Beijing) Co., Ltd.]

 Party B: Beijing AirMedia UC Advertising Co., Ltd. 
 Authorized representative (signature): /s/ Guo Man 
 Name: Guo Man 
 Title: 
 Common seal: [Seal: Beijing AirMedia UC Advertising Co., Ltd.] 
  

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 [Annex] 
 Service Fee Calculation Standard 
  

	1.	Party A and Party B agree that Party B shall pay technology support and technology service fee to Party A according to the following requirements: 

  

	 	(1)	In the first month of each year (for the first year, mean the next month after the signing of this Agreement), Party A and Party B determine the annual service fee amount of this
year. The annual service fee amount confirmed by both parties shall be annexed to this Agreement, respectively. 

  

	 	(2)	When both parties determine annual service fee amount, the technology service fee of current year may be adjusted by giving due consideration to the following factors, including,
but not limited to: 

  

	 	(a)	The number of the employees to be assigned by Party A to render services for Party B and the qualification of these employees; 

  

	 	(b)	The time proposed for Party A’s employees to provide services; 

  

	 	(c)	The specific contents and value of the services rendered by Party A; 

  

	 	(d)	Whether use licenses are provided to Party B with respect to specific technologies (including patented and non-patented technologies) during the provisioning of technology support
and technology services; 

  

	 	(e)	The internal relations between Party A’s technology support and technology services and Party B’s operating income. 

  

	 	(3)	Party B shall pay the said annual service fee averagely on a quarterly basis. Party B shall, within fifteen (15) working days before each quarter finishes, pay the service fee
amount of this quarter to the bank account designated by Party A. 

  

	2.	If Party A is of the opinion that the fee as set out in Article 1 of this Annex becomes inappropriate for the change of objective situation and needs to be adjusted, Party B shall,
within seven (7) working days after receiving the written request about fee adjustment from Party A, negotiate with Party A actively and in good faith so as to determine the new billing standard or system. 

  

 5English Translation of Share Pledge Agreement dated June 14, 2007

 Exhibit 10.24 
 English Translation 
 Equity Pledge Agreement 
 THIS EQUITY PLEDGE AGREEMENT (“this Agreement”) is entered into among the following parties in Beijing on June 14, 2007: 
 Party A: AirMedia Technology (Beijing) Co., Ltd. 
 Party B: Guo Man, Xu Qing,
Wang Zhenyu 
 Party C: Beijing AirMedia UC Advertising Co., Ltd. 
 WHEREAS: 
  

	(1)	Party A and Party C signed the Technology Development Agreement and the Technology Support and Service Agreement on June 14, 2007; 

  

	(2)	On June 14, 2007, Party B signed the Borrowing Agreement with Party A (Technology Development Agreement, Technology Support and Service Agreement and Borrowing Agreement are
hereinafter collectively referred to as “Master Contracts”). 

  

	(3)	Guo Man, Xu Qing and Wang Zhenyu hold 51.13%, 38.22% and 10.65% equities in Party C respectively. Party B agrees to provide a guaranty for Party B’s and Party C’s payment
obligations under the Master Contracts in the form of equity pledge, and Party A agrees to accept the said security interest. 

 NOW,
THEREFORE, Party A, Party B and Party C, through friendly negotiations and abiding by the principle of equality and mutual benefit, hereby enter into this Agreement: 
  

	1.	Pledge 

 Guo Man, Wang Zhenyu, Xu Qing agree to
pledge all their respective 51.13%, 38.22% and 10.65% equities in Party C (“Pledged Equity”) to Party A, as a guaranty for both Party B and Party C’s payment obligations under the Original Master Contracts. 
  

	2.	Scope of Pledge Guarantee 

 The guaranty scope of
pledged equity under this Agreement covers any arrear, payment, liquidated damages, compensation and expenses from realization of principal claims and right of pledge payable but unpaid by Party B and Party C to Party A under the Master Contracts.

  

	3.	Term of Pledge 

  

	3.1	The pledge under this Agreement shall become effective on the date when equity pledge is recorded in Party C’s register of shareholders. 

  

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	3.2	After the guaranteed liabilities under the Master Contracts are fully repaid and Party B and Party C no longer undertakes any obligation under the Master Contracts, this Agreement
is terminated. So far as reasonably practicable, Party A shall assist in undergoing necessary procedures so as to discharge the pledge of equity. 

  

	3.3	During pledge, if Party B and Party C fail to perform its obligations under any Master Contract, Party A shall be entitled to dispose of right of pledge pursuant to the provisions
of this Agreement. 

  

	4.	Registration 

  

	4.1	Party B undertakes to Party A that its execution of this Agreement and performance of the obligations under this Agreement has obtained and/or will obtain the consent of Party
C’s shareholders’ meeting and the equity pledge under this Agreement will be recorded in Party C’s register of shareholders. Party C agrees to render assistance. Party B and Party C shall deliver the certificates of Party B’s
capital contributions to Party C and register of shareholders to Party A for keeping on the date of this Agreement. 

  

	4.2	The Parties agree that they will try to handle and cause the registration of the pledge under this Agreement with the Industrial and Commercial Administration of Party C’s
place of registration. The Parties confirm that the failure to register the pledge under this Agreement with the Industrial and Commercial Administration of Party C’s place of registration after the execution of this Agreement will not affect
the validity of this Agreement, unless such registration is mandatory as specified by laws. 

  

	5.	Fruits 

 Within the period of pledge, Party A shall
be entitled to the fruits arising from the Pledged Equity, including, but not limited to, the bonus, dividends, profit distribution, distributable profits, etc arising from or received with respect to the Pledged Equity. 
  

	6.	Representations of Party B 

  

	6.1	Party B is the owner of the equity. 

  

	6.2	Party B has not created any other security interest or third-party interests on the Pledged Equity except the pledge under this Agreement. 

  

	7.	Representations and warranties of Party B 

  

	7.1	Within the term of this Agreement, Party B undertakes to Party A that 

  

	 	7.1.1	Without Party A’s prior written consent, it will not transfer the Pledged Equity or create or allow to be created any security interest on the Pledged Equity, unless otherwise
agreed upon by both parties. 

  

	 	7.1.2	 It will comply with all the laws and regulations with respect to the pledge of rights; present to Party A the notices, orders or suggestions with respect to 

  

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the right of pledge issued or made by the competent authority within five (5) days upon receipt thereof; and comply with such notices, orders or
suggestions; or make an objection to or a statement on the foregoing matters at the reasonable request of Party A or with the consent from Party A. 

  

	 	7.1.3	It will not distribute Party C’s income and will also cause Party C’s other shareholders not to distribute Party C’s income. 

  

	 	7.1.4	It will do or permit to be done any act that may adversely affect Party A’s interests under the Amended Master Contracts and this Agreement or the Pledged Equity.

  

	7.2	Party B agrees that for the purpose of this Agreement, Party A is entitled to dispose of right of pledge in the manner as specified in this Agreement and Party A’s right to
exercise the right of pledge obtained from this Agreement will not be interrupted or hindered by Party B or any of its successors or principals or any other person through legal proceedings. 

  

	7.3	Party B warrants to Party A that in order to protect or improve the guaranty for the repayment of the expenses under the Master Contracts in this Agreement, Party B will execute in
good faith and cause other interested persons relating to right of pledge to execute all right certificates and contracts relating to the implementation of this Agreement as required by Party A and/or perform and cause other interested persons to
perform the acts relating to the implementation of this Agreement as required by Party A and provide convenience for the exercise of the rights and authority granted to Party A under this Agreement. 

  

	7.4	Party B warrants to Party A that in order to ensure Party A’s interests, Party B will comply with and perform all warranties, undertakings, agreements, representations and
conditions. Where Party B does not perform, in whole or in part, its warranties, undertakings, agreements, representations or conditions, Party B shall compensate all losses thus incurred to Party A. 

  

	8.	Disposal of the Pledged Equity 

  

	8.1	Party A and Party B hereby agree that in case of any default, Party A shall be entitled to exercise all the remedies and powers under PRC laws, transaction agreement and this
Agreement upon giving a written notice to Party B, including, but not limited to, auctioning or selling the Pledged Equity and being first compensated with the proceeds from such disposal. Party A shall not be liable for any loss arising from its
reasonable exercise of such rights and powers. 

  

	8.2	Party A shall be entitled to designate in writing its lawyer or other agent to exercise any or all said rights and powers and Party B shall not raise any objection thereto.

  

	8.3	The reasonable expenses of Party A when it exercises any or all said rights and powers shall be borne by Party B. Party A shall have the right to deduct such expenses from the
payments obtained by Party A from the exercise of its rights and powers. 

  

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	8.4	The payments obtained by Party A from the exercise of its rights and powers shall be used in the following order: 

  

	 	1)	Pay all the expenses arising out of the disposal of the Pledged Equity and Party A’s exercise of its rights and powers (including the remunerations for its lawyer and agent);

  

	 	2)	Pay the taxes payable with respect to the disposal of the Pledged Equity; and 

  

	 	3)	Pay the guaranteed liabilities to Party A. 

 If there is
any balance after the above deductions, Party A shall return such balance to Party B or the other person which is entitled to such balance in accordance with law or regulations or place such balance under escrow with the notary public office in the
place where Party A is located (all the expenses arising therefrom shall be borne by Party B). 
  

	8.5	Party A shall be entitled to exercise any of its remedies simultaneously or successively. Before Party A exercises the right to auction or sell the Pledged Equity under this
Agreement, it does not need to first exercise other remedies. 

  

	9.	Transfer 

  

	9.1	Without Party A’s prior written consent, Party B shall have no right to donate or transfer any of its rights and obligations under this Agreement, excluding the Call Option
Agreement signed by Party B and Party A. 

  

	9.2	This Agreement shall bind upon Party B and its successors and inure to Party A and its successors and assigns. 

  

	9.3	Party A may, at any time, transfer any or all of its rights and obligations under the Master Contracts to the person designated by it (natural person/legal person). In this case,
the transferee shall take over Party A’s rights and obligations under this Agreement as if it is a party to this Agreement. When Party A transfers its rights and obligations under the Master Contracts, at its request, Party B shall execute the
related agreements and/or documents with respect to such transfer. 

  

	9.4	If the above transfer results in the change of pledgee, two new parties to pledge shall sign a new pledge agreement. 

  

	10.	Confidentiality 

 This Agreement and all its terms
are confidential information. Neither Party shall disclose such information to any third party except its officers, directors, employees, agents and professional consultants relating to this project, unless the information about this document is
disclosed to government, the public or shareholders in accordance with law or this document is filed with related institution. 
 This article
shall survive the change, cancellation or termination of this Agreement. 
  

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	11.	Defaulting Liabilities 

 Where either Party fails to
perform any of its obligations under this Agreement, or any of its representations or warranties under this Agreement is materially untrue or inaccurate, such Party shall be deemed to default under this Agreement and shall hold liable for all the
losses thus incurred to the other Party. 
  

	12.	Force Majeure 

 Should either Party be prevented
from performing this Agreement owing to force majeure, the prevented Party shall without any delay notify the other Parties by cable, fax or other electronic means and within fifteen (15) working days thereafter, provide the written documentary
evidence thereof. The Parties may negotiate whether or not to terminate this Agreement or exempt part of the obligations under this Agreement or delay the performance of this Agreement depending on the effect of such event of force majeure upon the
performance of this Agreement. 
  

	13.	Supplementary Provisions 

  

	13.1	Any dispute arising from the performance of this Agreement shall be resolved by the Parties through friendly negotiations. In case no resolution can be reached, such dispute shall
be submitted to Beijing Arbitration Commission for arbitration in accordance with its arbitration rules. Seat of arbitration shall be Beijing and arbitral award shall be final. 

  

	13.2	This Agreement shall go into effect as of the date of signing by the Parties. 

  

	13.3	This Agreement is executed in five (5) originals in Chinese, one (1) original for each Party. All the originals shall be equally authentic. 

 [No text below] 
  

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 Party A: AirMedia Technology (Beijing) Co., Ltd. 
 Authorized representative (signature): /s/ Guo Man 
 Name: Guo Man 
 Title: 
 Common seal: AirMedia Technology (Beijing) Co., Ltd. (Seal)

 Party B: 
 Signature: /s/ Guo Man 
 Signature: /s/ Wang Zhenyu 
 Signature: /s/ Xu Qing 
 Party C: Beijing AirMedia UC Advertising Co., Ltd. 
 Authorized
representative (signature): /s/ Guo Man 
 Name: Guo Man 
 Title:

 Common seal: Beijing AirMedia UC Advertising Co., Ltd. (Seal) 
  

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