Document:

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                                                                   EXHIBIT 10.26

                             EQUITY PLEDGE AGREEMENT

This Equity Pledge Agreement (the "AGREEMENT") is made and entered into as of
_____________, 2006 by and among

1.   [NAME OF THE CONTRACTING SHAREHOLDER OF THE AFFILIATED ENTITY], a People's
     Republic of China ("PRC") national and holder of PRC identity card number
     [ID card no.] (the "SHAREHOLDER")

2.   [NAME OF THE AFFILIATED ENTITY (THE WHOLLY-OWNED FOREIGN ENTERPRISE)], a
     company incorporated under the laws of the PRC and having its principal
     office located at [Address] ("WFOE")

3.   [NAME OF THE PRC SUBSIDIARY], a limited liability company incorporated
     under the laws of the PRC and having its registered office at [Address]
     ("XYZ")

WHEREAS:

A.   By means of an Amended and Restated Loan Agreement (the "LOAN AGREEMENT")
     made on [date] between the Shareholder and WFOE, the Shareholder borrowed
     from WFOE a total sum of RMB[Amount], of which RMB[Amount] was borrowed on
     [date] (the "INITIAL LOAN") and RMB[Amount] was borrowed in [date] (the
     "SUBSEQUENT LOAN", together with the Initial Loan, the "INVESTMENT AMOUNT")
     to acquire [__] percent ([__]%) of the total equity interest in XYZ;

B.   By means of an equity pledge agreement (the "FIRST EQUITY PLEDGE
     AGREEMENT") made on [date] among the Shareholder, WFOE and XYZ, the
     Shareholder agreed to pledge all of the equity interest she then held in
     XYZ in favour of WFOE for the Initial Loan;

C.   By means of an Amended and Restated Exclusive Conditional Equity Purchase
     Agreement (the "EXCLUSIVE CONDITIONAL EQUITY PURCHASE AGREEMENT") made on
     ___________________________, 2006 between the Shareholder and WFOE, the
     Shareholder agrees to sell all or part of the equity interest in XYZ held
     by the Shareholder (representing [__] percent ([__]%) of the total equity
     interest in XYZ) to WFOE or its nominee at WFOE's sole discretion as and
     when permitted by PRC law;

D.   As at the date hereof, the Shareholder is the owner of [__] percent ([__]%)
     of the total equity interest in XYZ and the Shareholder voluntarily agrees
     to pledge all of the equity interest in XYZ held by the Shareholder
     (representing [__] percent ([__]%) of the total equity interest in XYZ) to
     WFOE, as security for (i) full payment and performance of the Shareholder's
     obligations under the Loan Agreement, each and every obligation of the
     Shareholder and under the Exclusive Conditional Equity Purchase Agreement
     when due (collectively, the "OBLIGATIONS"), and (ii) compensation for any
     direct or indirect losses arising in any Event of Default (defined below in
     Section 8) by Shareholder and/or XYZ, including but not limited to
     interest, penalty interest, other penalty under these abovementioned
     agreements, the sum of compensation for losses, the profit obtainable after
     the performance of these abovementioned agreements and any charges, costs
     or

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     expenses incurred by WFOE as and when enforcing Shareholder and/or XYZ to
     perform their respective obligations thereof ((i) and (ii) collectively,
     the "SECURED INDEBTEDNESS").

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

ARTICLE 1. PLEDGE

1.1  To secure the payment and performance of the Secured Indebtedness, and as
     security for WFOE, the Shareholder hereby pledges the Collateral (defined
     below in Section 1.2), and grants a security interest in the Collateral, to
     WFOE.

1.2  "COLLATERAL" means [__] percent ([__]%) of the total equity interest in XYZ
     (the "PLEDGED EQUITY"), evidenced by a capital contribution certificate
     (the "CERTIFICATE") in the form as attached at Exhibit A, signed by the
     legal representative of XYZ and sealed by XYZ's common seal, together with
     all property rights as may derive from or accrue to the same, including
     without limitation, additional equity or replacement securities
     representing interests in XYZ or an affiliate or successor in interest of
     XYZ, and all dividends (whether in cash, equity or other forms) and other
     income or proceeds derived therefrom or receivable or received on the sale,
     exchange, collection or other disposition thereof, whether voluntary or
     involuntary, and distributions with respect thereto. For purposes of this
     Agreement, the term "PROCEEDS" includes whatever is receivable or received
     when Collateral or proceeds is sold, collected, exchanged, or otherwise
     disposed of, whether such disposition is voluntary or involuntary.

1.3  On or prior to the execution of this Agreement, Shareholder will have
     delivered or will deliver the Certificate, to WFOE, which shall hold the
     Pledged Equity for purposes of perfecting its security interest hereunder
     and in accordance with the terms of this Agreement.

1.4  WFOE shall have the right to collect and hold any equity or securities of
     any class or kind distributed on account of the Pledged Equity by reason of
     any dividend, distribution, reclassification or other change in the capital
     structure of XYZ, all of which shall be delivered by the Shareholder to
     WFOE and held by WFOE in accordance with the terms of this Agreement.

ARTICLE 2. CARE OF COLLATERAL

2.1  WFOE will use reasonable care in the custody and preservation of the
     Collateral in its possession.

ARTICLE 3. TERM OF PLEDGE AND RELEASE OF COLLATERAL

3.1  This Agreement shall commence on the Effective Date and expires pursuant to
     Section 3.2 below.

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3.2  Provided (i) all Secured Indebtedness hereunder shall at the time have been
     paid or performed in full or cancelled and (ii) there does not otherwise
     exist any Event of Default under Section 8, the Pledged Equity, together
     with any additional Collateral that may hereafter be pledged and deposited
     hereunder, shall be released from pledge.

3.3  The Shareholder shall apply to the appropriate registration authorities to
     complete the formalities of terminating the pledge after the dissolution of
     the pledge relationship in accordance with relevant law (as applicable).

ARTICLE 4. REPRESENTATIONS AND WARRANTIES OF SHAREHOLDER

For the benefit of WFOE, the Shareholder hereby represents and warrants that:

4.1  the Shareholder has obtained all capacity required to empower her to enter
     into and to perform her obligations under this Agreement.

4.2  the execution, delivery and performance of this Agreement does not conflict
     with any agreement or undertaking to which Shareholder is a party or by
     which Shareholder is bound; and

4.3  except for the rights of Shareholder and WFOE, no other person will have
     any right, title, claim or interest (by way of security interest or other
     lien or charge or otherwise) in, against or to the Collateral.

ARTICLE 5. COVENANTS AND UNDERTAKINGS OF SHAREHOLDER

5.1  Prior to the payment and performance in full of the Obligations, the
     Shareholder also undertakes to do as follows:

     (a)  from time to time promptly execute and deliver to WFOE all such
          assignments, financing statements and other instruments or documents
          as may be necessary in order to more fully evidence and perfect the
          security interest of WFOE in the Collateral and promptly furnish WFOE
          with any information or writings which WFOE may reasonably request
          concerning the Collateral;

     (b)  advise WFOE of any requirement to pay taxes, administrative fees and
          any other charges imposed on it by government departments concerned
          with respect to the Collateral;

     (c)  take all necessary and adequate measures as may be requested by WFOE
          at WFOE's cost to guarantee its legal ownership of Collateral, to
          safeguard WFOE's legitimate rights and interests of Collateral
          pursuant to this Contract; to take all measures and actions and sign
          all relevant documents according to instructions of WFOE, in order to
          enable WFOE to smoothly dispose rights of pledge;

     (d)  give notice to WFOE, with relevant details, within seven days' receipt
          of any notice or administrative order concerning Collateral given by
          any government departments, and to comply with any notice given; and,
          in the meantime, to put forward or participate in putting forward
          disputes

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          concerning the aforesaid notice and provide assistance at the
          reasonable request of WFOE;

     (e)  allow WFOE and its representative to examine at any reasonable time
          all business licenses, corporate documents, minutes, and chops of XYZ;

     (f)  at WFOE's request and cost, appear in and defend any action or
          proceeding which may affect its title to, or WFOE's interest in, the
          Collateral and to give immediate notice to WFOE in the event that the
          Collateral is involved in any proceedings, arbitration or dispute, and
          all information or material concerning the proceedings, arbitration or
          dispute shall also be made available to WFOE at the request of WFOE at
          any time;

     (g)  hold the Collateral and perform corresponding management obligations
          in a reasonable and prudential manner, and the Collateral shall
          neither be used nor allowed to be used for purposes prohibited by any
          law;

     (h)  collect in a timely manner any certificates concerning the Collateral
          if not already held, and to submit them to WFOE for the record;

     (i)  provide materials concerning Collateral at the request of WFOE; and

     (j)  go through the formalities of registering the pledge with the relevant
          registration authorities for the Collateral (including any part of it)
          in a timely manner, at the request and cost of WFOE at any time, and
          to provide to WFOE the pledge registration certificate for
          safekeeping.

5.2  Prior to payment and performance of the Obligations in full, the
     Shareholder undertakes not to do the following without the prior consent of
     WFOE:

     (a)  waive or partially waive any interest in the Collateral, or to dispose
          of the Collateral by means of sale, lease, transfer, donation, pledge,
          mortgage, or any other manner;

     (b)  perform or allow to occur any acts that may result in an adverse
          impact on WFOE's interest in the Collateral or hamper the enforcement
          of WFOE's rights in the Collateral; or

     (c)  perform any act or allow to exist any omission, negligence that may
          affect or reduce the value of the Collateral; or

     (d)  increase or decrease the register capital of XYZ as of the Effective
          Date.

ARTICLE 6. RIGHTS OF WFOE

6.1  WFOE, upon ten days written notice to Shareholder if Shareholder fails to
     perform any of its obligations hereunder, may, but shall not be required
     to, perform such acts to preserve its rights and the value of the
     Collateral. Shareholder hereby irrevocably appoints WFOE as its
     attorney-in-fact (which appointment is coupled with an interest and,
     therefore, irrevocable) to do any such act, and to exercise such rights and
     powers as Shareholder might exercise with respect to the Collateral in
     connection therewith. No failure to so act by WFOE

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     will relieve Shareholder of Shareholder's duties under this Agreement or in
     any way impair or discharge the obligations, and no such failure to act
     will result in any liability to Shareholder or any third party on the part
     of WFOE.

6.2  WFOE will have the right to reimbursement upon ten days written demand for
     reasonable costs and expenses, including reasonable attorneys' fees,
     incurred in connection with the custody, preservation and use of the
     Collateral and the exercise of WFOE's rights hereunder arising from the
     Shareholder's failure or refusal to fulfill its Obligations on a timely
     basis when requested by WFOE, all of which costs and expenses are included
     in the Obligations secured by the Collateral.

6.3  WFOE may do any other act which, in its discretion, it deems necessary or
     appropriate in connection with the preservation of the Collateral and
     WFOE's rights therein.

ARTICLE 7. NATURE OF PLEDGE

7.1  The pledge shall be an ongoing guarantee and security interest that expires
     pursuant to Section 3.2 above.

7.2  The pledge shall be an independent and ongoing guarantee and security
     interest, not subject to any other effect or substitution of other
     guarantees provided by the Shareholder or other person to WFOE in the past,
     present or in the future, or of any liability of the Shareholder under the
     pledge. Prior to demanding payment of the debts by the Shareholder, it
     shall not be necessary for WFOE to either demand such payment or to file
     proceedings against any other person first, nor dispose of or enforce
     compulsorily any other mortgage or guarantee.

7.3  The pledge shall be an independent guarantee and security interest. The
     Agreement shall not be null and void or unenforceable even if and when each
     or all of the Loan Agreement and the Exclusive Conditional Equity Purchase
     Agreement is null and void or unenforceable.

ARTICLE 8. DEFAULT

8.1  An "EVENT OF DEFAULT" will have occurred if:

     (a)  There is an occurrence of an event of default under the Loan
          Agreement; or

     (b)  Shareholder breaches any material provision of this Agreement and such
          breach continues after written notice from WFOE for a period of ten
          business days.

ARTICLE 9. DISPOSITION OF COLLATERAL

9.1  Upon the occurrence of an Event of Default, as defined in Section 8 above,
     WFOE shall have the right to dispose of the Collateral, in accordance with
     law, as follows and no the act taken by the WFOE hereunder will result in
     any liability to Shareholder or any third party on the part of WFOE:

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     (a)  to dispose of all or part of the Collateral by means of public
          auction, private agreement, public bidding, competitive bidding
          (possibly a combination of the two forms) or in other ways permitted
          by the laws of the PRC, at a price or under conditions deemed as
          appropriate by WFOE. The acts and time of the disposition of
          Collateral shall be decided by WFOE, and the disposition may be
          carried out in the name of the Shareholder. The sum to be collected
          from the disposition of Collateral may be paid in cash or other agreed
          upon forms in a single payment or in installments;

     (b)  to sign documents, contracts concerning the Collateral or cancel such
          transactions in the name of the Shareholder provided that the
          Shareholder shall not be liable for any losses arising thereby; and

     (c)  to take such legal actions over the Collateral in the name of WFOE or
          Shareholder, or to institute legal proceedings or defend proceedings
          filed by others, or agree to any form of compromise relating solely to
          the Collateral (including waiver of demanding reimbursement) in the
          name of the Shareholder.

9.2  At any sale of the Collateral, WFOE shall have the right to purchase all or
     any part of the Collateral. Shareholder further agrees that, to the extent
     notice of sale shall be required by law, ten days' prior notice to
     Shareholder shall constitute reasonable notice. WFOE shall not be obligated
     to proceed with any sale of Collateral regardless of notice of sale having
     been given. Nothing herein shall be deemed to limit or restrict WFOE in
     disposing of the Collateral in other commercially reasonable ways.

9.3  No delay or omission to exercise any right or remedy of WFOE upon an Event
     of Default by Shareholder or XYZ will waive any right or remedy of WFOE or
     be construed as a waiver of any similar default which occurs later.
     Shareholder waives any right to require WFOE to proceed against any other
     person or to exhaust any Collateral or to pursue any other remedy in WFOE's
     power.

9.4  The sum gained from the disposition of the Collateral shall apply in the
     following order:

     (a)  to pay all cost and expenses of disposing of the Collateral;

     (b)  to withhold taxes payable imposed on Collateral and the disposition
          thereof;

     (c)  to pay the debts evidenced under the Loan Agreement;

     (d)  to pay any other debts owed by Shareholder to WFOE; and

     (e)  to turn over any surplus proceeds to the Shareholder.

9.5  It is the intention of the parties that the grant of the security interest
     and assignment and pledge of the Collateral to WFOE is to be, at the
     discretion of the WFOE, a remedy of WFOE upon the occurrence of an Event of
     Default.

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ARTICLE 10. TRANSFER

10.1 The Shareholder shall not transfer any of her rights under this Agreement.

10.2 WFOE may transfer all or part of its rights under this Agreement to any
     person upon provision of written notice to the Shareholder; such transferee
     shall have all rights and interests as held by WFOE hereunder.

ARTICLE 11. EFFECTIVENESS OF THIS CONTRACT

11.1 This Agreement shall become effective upon the signature and seal by the
     Shareholder and XYZ and XYZ recording the pledge in the shareholders
     register [Chineese Characters] of XYZ duly sealed with XYZ's common seal
     (the "EFFECTIVE DATE") and in the form as attached at Exhibit B.

11.2 XYZ shall record the transfer of the title to the Collateral by the
     exercise of the pledge as may be directed by WFOE from time to time.

ARTICLE 12. MISCELLANEOUS

12.1 The terms of this Agreement will inure to the benefit of and bind the
     parties hereto and their respective successors, assigns, executors, heirs
     and legal representatives.

12.2 This Agreement contains the entire pledge agreement between WFOE and
     Shareholder with respect to the Pledged Equity and the Collateral and may
     be modified only by a writing signed by WFOE, Shareholder and XYZ. If any
     of the provisions of this Agreement are held invalid or unenforceable, this
     Agreement will be construed as if not containing the invalid or
     unenforceable provisions.

12.3 WFOE's waiver or delay in exercising any rights under this Agreement shall
     not constitute or be regarded as a waiver of such powers generally or with
     respect to any future right to such exercise.

12.4 This Agreement will be construed in accordance with and governed by the
     laws of PRC.

12.5 If the parties hereto are unable to settle any dispute arising from the
     provisions of this Contract through mediation, any party hereto can submit
     the dispute for final and binding arbitration to the China International
     Economic and Trade Arbitration Commission ("CIETAC") in Beijing for
     arbitration before a panel of three (3) arbitrators pursuant to the
     then-valid arbitration rules of CIETAC.

12.6 All notices, requests, demands and other communications to be given
     pursuant to the terms of this Agreement shall be in writing and shall be
     deemed effectively given upon personal delivery or upon deposit in the
     government postal service or upon deposit for delivery by an
     internationally recognized express mail courier service (for international
     delivery of notice), with postage and fees prepaid, addressed to the other
     party at its address as shown below, or to such other address as such party
     may designate in writing from time to time to the other party.

12.7 Time is of the essence of each and every provision of this Agreement.

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12.8 This Agreement may be executed in any number of counterparts, and when so
     executed shall have the same force and effect as though all signatures
     appeared on one document.

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IN WITNESS WHEREOF, the parties have executed this Equity Pledge Agreement as of
the date and year first above written.

[NAME OF THE PRC SUBSIDIARY]              [NAME OF THE CONTRACTING SHAREHOLDER
                                          OF THE AFFILIATED ENTITY]

By:
    ------------------------------------
Name:
      ----------------------------------
Title: Legal Representative               By: ----------------------------------
Address:                                  Name: [Name of the contracting
         -------------------------------        shareholder of the affiliated
                                                entity]

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[NAME OF THE AFFILIATED ENTITY (THE WOFE)]

By:
    ------------------------------------
Name:
     -----------------------------------
Title: Legal Representative
Address:
         -------------------------------

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Exhibit A: Form of Capital Contribution Certificate

Exhibit B: Form of Shareholders Register<PAGE>

                                                                   EXHIBIT 10.27

                              AMENDED AND RESTATED

                   EXCLUSIVE EQUITY PURCHASE OPTION AGREEMENT

This Amended and Restated Exclusive Equity Purchase Option Agreement (the
"AGREEMENT") is made and entered into as of ______________, 2006 (the "EFFECTIVE
DATE"), by and between:

1.   PARTY A: [Name of the contracting shareholder of the affiliated entity], a
     People's Republic of China ("PRC") national and holder of PRC identity card
     number [ID number] ("PARTY A");

2.   PARTY B: [Name of the affiliated entity, the wholly-owned foreign
     enterprise], a company incorporated under the laws of the PRC and having
     its principal office located at [Address] ("PARTY B"); and

3.   PARTY C: [Name of the PRC subsidiary], a company incorporated under the
     laws of the PRC and having its principal office located at [Address]
     ("PARTY C").

WHEREAS:

A.   PARTY B has or caused to have extended a loan to PARTY A pursuant to an
     Amended and Restated Loan Agreement dated as of [date];

B.   PARTY A has agreed to provide PARTY B with the right to purchase, at the
     sole discretion of PARTY B, part or all of PARTY A's equity interest in
     PARTY C; and

C.   PARTY A, PARTY B and PARTY C have entered into an Exclusive Equity Purchase
     Option Agreement on [date] ("ORIGINAL OPTION Agreement").

NOW, THEREFORE, the parties expressly agree to amend and restate the Original
Option Agreement as follows:

1.   For good and valuable consideration the receipt of which is hereby
     acknowledged, PARTY A hereby grants to PARTY B the right to purchase (the
     "PURCHASE RIGHT"), at PARTY B's sole discretion and as and when permitted
     by PRC law, by PARTY B directly or in the name of a nominee (the "PARTY B
     NOMINEE"), at the sole discretion of PARTY B, part or all of PARTY A's
     equity interest in PARTY C, which represents the entire equity interest in
     PARTY C, together with all property rights as may derive from or accrue to
     the same, including without limitation, additional equity or replacement
     securities representing interests in PARTY C or an affiliate or successor
     in interest of PARTY C, and all dividends and other income or proceeds
     derived

                                        1

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     therefrom or receivable or received on the sale, exchange, collection or
     other disposition thereof, whether in cash, equity or other forms and
     whether voluntary or involuntary, and distributions with respect thereto,
     [_____] percent [_____]% of the total equity interest in PARTY C (the
     "EQUITY INTEREST").

2.   This Purchase Right is exercisable at the discretion of PARTY B, at any
     time, for part or all of the Equity Interest, by providing PARTY A with
     thirty (30) days prior written notice in the form attached at Exhibit A
     (the "EXERCISE NOTICE") of its intent to exercise the Purchase Right.

     2.1  Upon the conclusion of the thirty (30) day period, or at such earlier
          time as agreed upon by the parties, PARTY B or the PARTY B NOMINEE, as
          the case may be, PARTY A shall execute a binding equity transfer
          agreement in the form attached at Exhibit B (the "EQUITY TRANSFER
          AGREEMENT") or other form agreed by the Parties in accordance with the
          then applicable laws for the transfer of the Equity Interest stated in
          the Exercise Notice.

     2.2  PARTY A shall, upon the request of PARTY B at any time, transfer such
          portion of the Equity Interest as requested by PARTY B immediately to
          PARTY B or the PARTY B NOMINEE.

     2.3  PARTY A shall use its best efforts to procure timely finalization and
          government approval and registration of the equity transfer
          contemplated under this Purchase Right (the date of such approval or
          registration, whichever is later, shall be the "TRANSFER DATE").

3.   PARTY B or the PARTY B NOMINEE, as applicable, shall pay for the Equity
     Interest by paying an amount equal to RMB[Amount] (the "AGGREGATE PURCHASE
     PRICE"), or such other amount or by way of such other methods as permitted
     by the then PRC law including, but not limited to, by set off against an
     equivalent amount of debt owed by PARTY A. If the applicable PRC laws
     require the evaluation of the Equity Interest to be transferred or
     stipulates other restrictions or requirements in relation to the price of
     the transfer of the Equity Interest in the performance of the Purchase
     Right by PARTY B or the PARTY B NOMINEE such that the Aggregate Purchase
     Price is lower than the lowest price allowed by the applicable laws, the
     Parties agree that the purchase price shall be the lowest price allowed by
     the applicable laws. If PARTY B or the PARTY B NOMINEE acquires the Equity
     Interest in parts over a period of time through more than one exercise of
     the Purchase Rights, then for each such exercise of the Purchase Rights,
     the purchase price shall be the percentage of the Equity Interest being
     acquired multiplied by the Aggregate Purchase Price or the lowest price
     allowed by the applicable laws, as the case may be.

                                        2

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4.   PARTY B represents and warrants to PARTY A that each of the following
     representations and warranties is true and accurate in all material
     respects and is not misleading as of the date of this Agreement and will be
     true and accurate in all material respects and not misleading as of the
     Transfer Date:

     4.1  This Agreement is a valid and legally binding agreement of PARTY B,
          enforceable against PARTY B in accordance with its terms.

     4.2  PARTY B has obtained all corporate authorizations required to empower
          it to enter into this Agreement and to perform its obligations under
          this Agreement and to carry out the transactions contemplated to be
          performed on its part hereby.

5.   PARTY A and PARTY C represent and warrant to PARTY B that each of the
     representations and warranties set out in this Section 5 is true and
     accurate in all material respects and is not misleading as of the date of
     this Agreement and will be true and accurate in all material respects and
     not misleading as of the Transfer Date and covenant as follows:

     5.1  This Agreement is a valid and legally binding agreement of PARTY A,
          enforceable against it in accordance with its terms. Neither the
          execution and delivery of this Agreement by PARTY A, nor the
          performance by PARTY A of its obligations hereunder, nor the
          consummation of the transactions contemplated hereby, will violate any
          statute or law or any judgment, decree, order, regulation or rule of
          any court or governmental authority to which PARTY A is subject.

     5.2  The execution, delivery and performance of the obligations of this
          Agreement and the consummation of the transactions contemplated
          hereunder shall not contravene any of PARTY A's obligations to any
          person under any contract, security document, undertaking, agreement,
          instrument or otherwise.

     5.3  PARTY A is both the legal and beneficial owner of the Equity Interest
          of record; save and except as agreed by PARTY B in writing in advance,
          PARTY A has not granted, issued nor agreed to grant or issue any
          option, right to acquire, mortgage, charge, pledge, lien or other form
          of security or encumbrances on, over or affecting any part of the
          Equity Interest.

     5.4  Without prior written consent of PARTY B, PARTY A shall not agree,
          vote in favour of, support or execute or permit to be executed any
          shareholders resolution during PARTY C's shareholders' meeting that
          approves any variation, supplement, change or renewal of the Articles
          of Association of PARTY C;

                                        3

<PAGE>

          increase or decrease in the registered capital of PARTY C; or to
          change the structure of the registered capital in any other manner;

     5.5  Upon the request of PARTY B, PARTY A shall procure PARTY C to provide
          all materials relating to the operations and financial status of PARTY
          C;

     5.6  Without the prior written consent of PARTY B, PARTY A shall not agree,
          vote in favour of, support or execute or permit the execution of any
          shareholders resolution during PARTY C's shareholders' meeting that
          approves PARTY C to merge with or become associated with, or acquire
          or invest in any person or entity;

     5.7  PARTY A shall notify PARTY B of the occurrence or the potential
          occurrence of any litigation, arbitration or administrative procedure
          related to the Equity Interest or the assets, business or revenues of
          PARTY C;

     5.8  Without the prior written consent by PARTY B, PARTY A shall not
          request or permit PARTY C to distribute dividends or profits to
          him/her, and PARTY A shall not agree, vote in favour of, support or
          execute any shareholders resolution during PARTY C's shareholders'
          meeting that approves PARTY C to issue any dividends or profits to
          PARTY B in any form;

     5.9  Upon the request of PARTY B, PARTY A shall procure a shareholder's
          meeting of PARTY C be convened to appoint person(s) recommended by
          PARTY B to be the directors or the legal representative of PARTY C;

     5.10 PARTY A will not dispose of or encumber or permit the disposition or
          encumbrance of the Equity Interest in any manner without the prior
          written consent of PARTY B, notwithstanding any contradicting
          provisions in any other agreements between PARTY A and PARTY B.

     5.11 PARTY C is duly incorporated in its place of incorporation and is
          validly existing under the laws of the PRC.

     5.12 PARTY C has the requisite corporate power and authority to own and
          operate its properties and assets and to carry on its business as set
          forth in its business license.

     5.13 PARTY C has obtained all requisite franchises, licences, consents,
          permits, exemptions and approvals to carry on advertising business and
          its other business in all the places and in the manner in which such
          business is now conducted and it can obtain, without undue burden or
          expense, any similar authority for the conduct of such business as
          proposed to be conducted.

                                        4

<PAGE>

6.   As permitted by the then applicable PRC laws and regulations, each party
     hereto agrees to do any and all things, take any and all actions, perform
     any further acts and execute and deliver any further documents that are
     reasonably necessary to carry out and effect the provisions of this
     Agreement.

7.   Any amendment and supplement of this Agreement shall be made by the Parties
     in writing. The amendment and supplement duly executed by each Party shall
     be deemed as a part of this Agreement and shall have the same legal effect
     as this Agreement. The observance of any term of this Agreement may be
     waived only with the consent of the party with the right to enforce such
     term.

8.   Except as may be otherwise provided herein, all notices, requests, waivers
     and other communications made pursuant to this Agreement shall be made in
     accordance with the notice provisions of the equity pledge agreement dated
     [date] and ___________________, respectively signed among PARTY A, PARTY B
     and PARTY C.

9.   Any information received by one party from the other party in connection
     with the transfer contemplated by this Agreement shall be confidential. The
     parties hereto agree that any such information shall be used solely for the
     purpose of evaluating and consummating the transfer contemplated hereby,
     and that neither party shall publish through the news media or leak or
     disclose to any person who is not a party to this Agreement any such
     information.

10.  The titles and subtitles used in this Agreement are used for convenience
     only and are not to be considered in construing or interpreting this
     Agreement.

11.  If the parties hereto are unable to settle any dispute arising from the
     provisions of this Agreement through mediation, any party hereto can submit
     the dispute for final and binding arbitration to the China International
     Economic and Trade Arbitration Commission ("CIETAC") in Shanghai for
     arbitration before a panel of three (3) arbitrators pursuant to the then
     valid arbitration rules of CIETAC.

12.  The language used in arbitration shall be Chinese and English. Any document
     used in arbitration may be written in Chinese and/or English.

13.  Any arbitration decision shall be final and all expenses for arbitration
     shall be borne by the losing party.

14.  This Agreement shall be governed by the laws of the PRC.

15.  Unless otherwise terminated pursuant to Clause 16 below, this Agreement
     shall take effect upon the due execution by both parties and shall remain
     valid and effective

                                        5

<PAGE>

     for ten (10) years (the "TERM"). The Term may be extended for successive of
     ten (10) years upon Party B's prior written notice.

16.  This Agreement shall be terminated by the occurrence of any of the
     following event:-

     16.1 when PARTY A has transferred all the Equity Interest to PARTY B or the
          PARTY B NOMINEE subject to the provisions herein;

     16.2 the term of operation of either PARTY B or PARTY C expires and has not
          been otherwise renewed; or

     16.3 PARTY A and PARTY B mutually agrees in writing.

17.  This Agreement shall replace the Original Option Agreement and shall
     constitute the entire agreement of the Parties with respect to the subject
     matters therein and supercede and replace all prior or contemporaneous
     agreements and understandings in verb or/and in writing (including but not
     limited to the Original Option Agreement).

18.  Any provision of this Agreement which is invalid, illegal or unenforceable
     in any jurisdiction shall, as to that jurisdiction, be ineffective to the
     extent of such invalidity, illegality or unenforceability, without
     affecting in any way the remaining provisions hereof in such jurisdiction
     or rendering that or any other provision of this Agreement invalid, illegal
     or unenforceable in any other jurisdiction. The Parties shall, through
     friendly consultation, make reasonable efforts to replace those invalid,
     illegal or non-enforceable provisions with valid provisions that may bring
     similar economic effects with the effects caused by those invalid, illegal
     or non-enforceable provisions.

             THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.

                                        6

<PAGE>

IN WITNESS WHEREOF, this Agreement has been executed by the duly authorized
representatives of the parties as of the day and year first above written in
Shanghai, People's Republic of China.

PARTY A:

----------------------------------------
[Name of the contracting shareholder
of the affiliated entity]

<PAGE>

PARTY B:

----------------------------------------
[Name of the affiliated entity, the
wholly-owned foreign enterprise]

By:
    ------------------------------------
Title: Legal Representative

<PAGE>

PARTY C:

----------------------------------------
[Name of the PRC subsidiary]

By:
    ------------------------------------
Title: Legal Representative

<PAGE>

                                    EXHIBIT A

                                 EXERCISE NOTICE

               (To be signed only upon exercise of Purchase Right)

To: [Name of the contracting shareholder of the affiliated entity]

Reference is made to the Amended and Restated Exclusive Equity Purchase Option
Agreement (the "AGREEMENT") dated as of [____________], 2006 between [Name of
the contracting shareholder of the affiliated entity], [Name of the affiliated
entity, the wholly-owned foreign enterprise] and [Name of the PRC subsidiary]
("PARTY C").

The undersigned, the holder of a right to purchase the equity interest in PARTY
C pursuant to the Agreement, hereby irrevocably exercises the purchase right
granted under the Agreement for the purchase thereunder, of [____________]
percent of the total Equity Interest held in PARTY C by [Name of the contracting
shareholder of the affiliated entity].

DATED:
       ------------------------------

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

<PAGE>

                                    EXHIBIT B

                            EQUITY TRANSFER AGREEMENT

This Equity Transfer Agreement (this "AGREEMENT") is entered into on the
____________________________ by the following parties:

1.   Name: [Name of the contracting shareholder of the affiliated entity] (the
     "TRANSFEROR")

     Address: [____________]

2.   Name: [____________] (the "TRANSFEREE")

     Address: [____________]

The Transferor and the Transferee hereby agree as follows:

1.   EQUITY TRANSFER

(a)  The Transferor hereby agrees to transfer, pursuant to the terms and
     conditions hereunder, [____________] percent ([____________]%) of the total
     equity interest in [Name of the PRC subsidiary] ("XYZ"), constituting such
     interest the Transferor holds in XYZ, to the Transferee. The Transferee
     hereby agrees to such transfer.

(b)  Following the approval or registration (whichever is earlier) of such
     equity transfer by the relevant government authority (the "APPROVAL
     AUTHORITY") which normally regulates and approves such transactions, the
     Transferor shall cease to have any direct or indirect, formal or informal,
     participation in the business and financial affairs and operations of XYZ
     and, shall cease to have any rights over any tangible or intangible assets
     of XYZ.

2.   CONSIDERATION

Transferee shall pay for the Equity Interest by paying an amount equal to
RMB[____________] or such other amount or by way of such other methods as
permitted by the then PRC law, including but not limited by a set off of an
equivalent amount of debt owed by Transferor.

3.   TRANSFEREE'S REPRESENTATIONS AND WARRANTIES

The Transferee represents and warrants that the execution, delivery and
performance of this Agreement do not contravene any law or contractual
restriction binding it.

                                                                               1

<PAGE>

4.   TRANSFEROR'S REPRESENTATIONS AND WARRANTIES

(a)  The execution, delivery and performance of this Agreement do not contravene
     any contractual restriction binding it.

(b)  XYZ is a corporation duly incorporated, validly existing and in good
     standing under the laws of the People's Republic of China.

(a)  Subject to the approval from the Approval Authority (if any), this
     Agreement constitutes its legal, valid and binding obligations enforceable
     in accordance with its terms.

5.   CONDITIONS PRECEDENT TO PAYMENT

Transferee's payment obligations under Article 2 of this Agreement for the
equity transfer contemplated hereunder are subject to Transferee's receipt of
evidence of satisfaction of the following conditions precedent:

(a)  The Approval Authority has approved and registered this Agreement and the
     equity transfer hereunder; and

(b)  A valid business license for XYZ reflecting the equity transfers hereunder
     (including changes to the names reflected as Legal Representative, but
     without any changes to the business scope) has been issued.

6.   APPORTIONMENT OF RELEVANT EXPENSES

All relevant expenses incurred in connection with the equity transfer hereunder
(including, without limitation, the accountants' fees and amendment fees for the
industry and commerce registration) shall be borne by the Transferee.

7.   CONFIDENTIALITY OF THE TRANSACTION

Any information received by one party from the other party in connection with
the transfer contemplated by this Agreement shall be deemed to be confidential.
The parties hereto agree that any such information shall be used solely for the
purpose of evaluating and consummating the transfer contemplated hereby, and
that neither party shall publish through the news media or leak or disclose to
any person who is not a party to this Agreement any such information.

                                                                               2

<PAGE>

8.   AGREEMENT TO PERFORM NECESSARY ACTS

Each party hereto agrees to do any and all things, take any and all the actions,
perform any further acts and execute and deliver any further documents that are
reasonably necessary to carry out and effect the provisions of this Agreement.

9.   RESOLUTION OF DISPUTES

(a)  All disputes in connection with this Agreement shall be settled by friendly
     consultations between the parties. In the event no agreement can be reached
     within sixty days after one party proposes friendly consultations to settle
     such dispute, either party may bring such dispute to the Shanghai Branch of
     the Chinese International Economic and Trade Arbitration Commission in
     Shanghai, People's Republic of China for arbitration under the then current
     rules of such commission.

(b)  The language used in arbitration shall be Chinese and English. Any document
     used in arbitration may be written in Chinese and/or English.

(c)  Any arbitration decision shall be final and all expenses for arbitration
     shall be borne by the losing party.

10.  GOVERNING LAWS

This Agreement shall be governed by the laws of the People's Republic of China.

11.  ENTIRE AGREEMENT

Save for an amended and restated exclusive equity purchase option agreement
entered into by the Transferor and the Transferee dated [_________], 2006, this
Agreement represents the entire agreement among the parties hereto regarding the
equity transfers contemplated hereby and replaces and supersedes any other
written or oral agreements between parties on the same subject.

12.  TERMS OF VALIDITY

If required by applicable law, this Agreement shall be submitted for approval to
the Approval Authority after due execution by the parties hereto and shall
become effective on the day the approval document is issued by the Approval
Authority or the said equity transfer has been duly registered, whichever date
is earlier.

                                                                               3

<PAGE>

The Agreement is signed by the parties on the ____ day of ____________, 200_ in
________, People's Republic of China.

Transferor:

----------------------------------------
[Name of the contracting shareholder]

Transferee:

By:
    ------------------------------------
Title:
       ---------------------------------

<PAGE>

                              AUTHORISATION LETTER

For value received, I hereby assigns all right, title and interest in [_____]
percent ([_____]%) of the total equity interest of [Name of the PRC subsidiary
("XYZ"), a PRC limited liability company, to [_____] or such other party as
[_____] may designate in writing (the "TRANSFEREE"), and does hereby irrevocably
and unconditionally constitute and appoints any one of the directors of [_____]
to cause the respective equity interest of XYZ to be transferred to [_____] on
the records of the Administration of Industry and Commerce.

     Executed this _________________________.

                                        SHAREHOLDER:

                                        ----------------------------------------
                                        [Name of the contracting shareholder]

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