Document:

EX-10.16

 Exhibit 10.16 

INTELLECTUAL PROPERTY APPLICATION RIGHT ASSIGNMENT AGREEMENT 

This INTELLECTUAL PROPERTY APPLICATION RIGHT ASSIGNMENT AGREEMENT (this “Agreement”) is entered into on 29 April, 2015 at Beijing, by and
between the following parties: 
 ASSIGNOR: 
 XIAOMI
INC., a limited liability company incorporated under the laws of the People’s Republic of China (the “PRC”) in the PRC; 
 ASSIGNEE: 

ANHUI HUAMI INFORMATION TECHNOLOGY CO., LTD., a limited liability company incorporated under the laws of the PRC in the PRC. 

WHEREAS: 
  

	(1)	The Assignor is the owner of the right to apply for (statutory rights and registrations with respect to) (“Right of Application”) the two trademarks set out in Appendix I (“Intellectual Property”);

  

	(2)	The Assignor agrees to assign, and the Assignee agrees to accept the Right of Application for the abovementioned Intellectual Property on the terms and conditions of this Agreement. 

THEREFORE, upon consultations, the Parties hereby agree as follows: 
  

	1.	ASSIGNMENT OF RIGHT OF APPLICATION 

  

	1.1	Pursuant to the terms and conditions of this Agreement, the Assignor agrees to change the applicant of the Intellectual Property to the Assignee, and the Assignee agrees to accept such change (“Assignment”).

  

	1.2	The Assignor shall cooperate with the Assignee to complete the procedures in relation to the Assignment. 

  

	1.3	Upon completion of the Assignment, the Assignor shall cease to own any rights to the Intellectual Property. The Assignor shall not use the Intellectual Property in any country or area, or in any manner whatsoever
without the prior written consent of the Assignee. 

  

	1.4	In connection with the Assignment, the Assignee shall pay to the Assignor a sum of RMB2600 (“Assignment Fee”) which is equivalent to the amount payable to the authorities for the application for the
Intellectual Property. The Assignee shall pay the Assignment Fee to the bank account designated by the Assignor within 7 working days upon execution of this Agreement. 

 

	2.	CHANGE OF REGISTRATION FEE 

 The Assignee shall be responsible for completion of the
registration of change in applicant of the Intellectual Property with the relevant authorities, and the fees for such change of registration shall be borne by the Assignee. 

  
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	3.	REPRESENTATIONS AND WARANTIES 

  

	3.1	The Assignor represents and warrants that: 

  

	 	3.1.1	it is a limited liability company duly registered and validly existing under the laws of the PRC. 

  

	 	3.1.2	it will not carry out any act that would be detrimental to the validity of the Intellectual Property subsequent to the change in applicant of the Intellectual Property. 

 

	3.2	The Assignee represents and warrants that: 

  

	 	3.2.1	it is a limited liability company duly registered and validly existing under the laws of the PRC. 

  

	 	3.2.2	its execution and performance of this Agreement is carried out within its corporate power and business scope; is duly authorized by all necessary corporation action and with all consents and approvals obtained from
third parties and governmental authorities; is not in breach of any restrictions imposed by any agreements or laws by which it is bound or affected. 

  

	 	3.2.3	this Agreement, upon due execution by it, constitutes its legal, valid and binding obligations, enforceable against it. 

  

	4.	CONFIDENTIALITY 

 All non-public information of
one Party acquired or received by the other Party due to the execution and performance of this Agreement, the existence of this Agreement and all terms and conditions hereof shall be confidential information, of which the receiving party shall not
disclose to any third party, unless it is required by laws to disclose the information in relation to this Agreement to the government or public or to file this Agreement with the relevant authorities.     

 

	5.	EFFECTIVENESS AND EFFECTIVE TERM 

 This Agreement shall become effective upon execution
on the date first above written. 
  

	6.	DISPUTE RESOLUTION 

 Any dispute arising from the interpretation and performance of any
provision under this Agreement shall be amicably settled through consultations between the Parties. In the event that the Parties are unable to reach an agreement within 30 days from the occurrence of the dispute, either Party may submit such
dispute to China International Economic and Trade Arbitration Commission for arbitration in accordance with the arbitration rules thereof then in effect. The place of arbitration shall be in Beijing, and the language to be used in arbitration
shall be Chinese. The award of arbitration shall be final and equally binding on the Parties of this Agreement. 
  

	7.	GOVERNING LAW 

 The effectiveness, interpretation and enforceability of this Agreement
shall be governed by the laws of the PRC. 
  

	8.	AMENDMENT AND SUPPLEMENT 

 Any amendments or supplements to this Agreement shall be made
in written agreements. Such amended and supplemental agreements upon due execution by the Parties shall constitute the integrated part of this Agreement with equal legal force and effect.     

  
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	9.	SEVERABILITY 

 In the event that any provision of this Agreement is held invalid or
unenforceable due to inconsistency with applicable laws, such provision shall only be deemed invalid or unenforceable within the jurisdiction of the applicable governing law, and the effectiveness of the remaining provisions shall not be affected in
any way. 
 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by their duly authorized representatives on the date first
above written. 
 (End of body and signature page follows) 

  
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 Signature Page (End of body) 

ASSIGNOR: 
 XIAOMI INC. 

(Contract seal: /s/ Xiaomi Inc.) 
  

			
	By:	 	 /s/ Lei Jun

	Name:	 	Lei Jun
	Title:	 	Legal Representative

 ASSIGNEE: 
 ANHUI
HUAMI INFORMATION TECHNOLOGY CO., LTD. 
 (Company seal: /s/ Anhui Huami Information Technology Co., Ltd.) 

 

			
	By:	 	 /s/ Huang Wang

	Name:	 	Huang Wang
	Title:	 	Legal Representative

 APPENDIX I 

Intellectual Property 
  

	A.	Trademarks for Application 

  

									
	 No.
	  	 Trademarks for Application
	  	Class	  	Application
Number	  	Date of
Application
	1.	  	

	  	9	  	14120914	  	March 5, 2014
	2.	  	

	  	35	  	14124333	  	March 6, 2014EX-10.17

 Exhibit 10.17 

Trademark Licensing Agreement 
  

			
	Licensor:	  	Xiaomi Communications Co., Ltd.
	Business Address:	  	The Rainbow City of China Resources, No. 68 Qinghe Middle Road, Haidian, Beijing
		
	Licensee:	  	Anhui Huami Information Technology Co., Ltd.
	Business Address:	  	Block H8, No. 2800 Chuangxin Way, Innovation Industrial Park Phase II, High-Technology Zone, Hefei

 WHEREAS: 
 The Licensor
possesses registered trademarks and logos that are of value, and the Licensee is in desirous of using such trademarks and logos in manufacturing, selling and distributing its products; 

The Licensee is an authorized supplier approved by Xiaomi (AVL), and agrees to be bound by the Quality Framework Agreement executed or to be executed by and
between the Licensor and the Licensee for purpose of obtaining approval from Xiaomi as a Xiaomi approved vendor; 
 The parties, upon friendly
consultations, hereby enter into the agreement by their respective authorized representatives as follows: 
  

	1.	The Licensee agrees to obtain from the Licensor and the Licensor agrees to grant the Licensee a limited, non-exclusive, irrevocable,
non-sublicensed and non-transferable license to use the following trademarks worldwide (“License”). 

The Licensor permits the Licensee to use the registered trademarks and logos listed in Appendix I “List of Licensed Marks” which is
attached hereto (“Licensed Marks”) and the Licensor hereby permits the Licensee to use the Licensed Marks on the authorized products (“Permitted Goods”) set forth in Appendix II “List of Authorized
Products” which is attached hereto within the authorized scope agreed by the parties solely for the purposes of [purpose]. The Licensor shall be entitled to make adjustments to the aforesaid authorized scope and term according to its business
needs. 
  

	2.	The License shall be valid from October 23, 2017 until October 22, 2020. The Licensor shall have the right to unilaterally revoke this License at an earlier date. The parties may enter into a separate
supplementary agreement to extend the License subject to prior consent from the Licensor, provided that the Licensee shall apply for the extension of the term in writing at least 30 days prior to the expiration thereof. 

 

	3.	During the term of the License, royalty for the use of the License shall be 0, payable by the Licensee to the Licensor within 30 days after the date of this Agreement. 

 

	4.	The Licensor shall have the right to revoke the License immediately and require the Licensee to indemnify it against any damage and loss suffered and to take actions to eliminate any negative impact in the event
that:     

  

	 	i.	the Licensee fails to use the Licensed Marks strictly in accordance with the registered form and presentation of the Licensed Marks listed in Appendix I “List of Licensed Marks” attached hereto or such other
form or presentation as provided by the Licensor without altering any of the characters, patterns or compositions of the Licensed Marks; 

  
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	 	ii.	the Licensee fails to use the Licensed Marks only on the Permitted Goods set forth in Appendix II “List of Authorized Products” attached hereto and the packaging and promotional materials thereof strictly in
accordance with the locations to use the Licensed Marks (if any) and the number of Permitted Goods (if any) set forth in Appendix II “List of Authorized Products” attached hereto, or fails to use the Licensed Marks within the permitted
scope of the Licensed Marks; 

  

	 	iii.	the Licensee applies for, registers or uses any trademarks, domain names or other business logos identical or similar to the Licensed Marks, or registers or uses any company name which includes words or characters
identical or similar to the Licensed Marks. 

  

	5.	In the event that the Licensor and the Licensee have not entered into any Quality Framework Agreement, the Licensor and the Licensee hereby agree to enter into the Quality Guarantee Agreement attached hereto as Appendix
III. The Licensee shall strictly comply with the provisions set forth in such Quality Framework Agreement as previously executed or such Quality Guarantee Agreement as attached hereto in Appendix III to ensure the quality of such Permitted Goods or
services that use the Licensed Marks hereunder. 

 The Licensor shall have the right to monitor the quality of the
Licensee’s Permitted Goods or services that use the Licensed Marks hereunder. 
 The Licensee agrees that the Permitted Goods
hereunder shall meet the quality standards set forth in such Quality Framework Agreement as executed previously or such Quality Guarantee Agreement as attached in Appendix III, and that the sample, appearance and quality of such Permitted Goods will
be able to optimize the benefits and protect and improve the reputation of the Licensed Marks and the goodwill represented thereby. The Licensee undertakes that the production, sales and distribution of the Permitted Goods hereunder shall
comply with the laws of the place of sales and shall not undermine the reputation of the Licensor and its Licensed Marks. 
 If any of
the Permitted Goods or services that uses the Licensed Marks does not meet the requirements of the Licensor, the Licensor shall have the right to require the Licensee to undertake to cease the sales of, destroy or remove trademarks or logos of such
goods or services and shall be liable to the Licensor as agreed in such Quality Framework Agreement as executed before or such Quality Guarantee Agreement as attached hereto in Appendix III. 

 

	6.	The Licensee must indicate its company name, place of production, after-sale contacts and other related information on the Permitted Goods which use the Licensed Marks hereunder at places including but not
limited to the outer packaging and user manuals. 

  

	7.	If the Licensee intends to use the Licensed Marks on any Permitted Goods hereunder and the outer packaging, user manuals and promotional materials, whether online or offline, including but not limited to, advertisements
on the Internet, video advertisements, light boxes advertisement and posters, it shall submit the proposed design and layout to the Licensor for review, which may be used only with the Licensor’s approval. If subsequently the Licensor publishes
any manual to regulate the use of the said trademarks, the Licensee agrees to use any of the Licensed Marks hereunder in accordance with the requirements provided therein. 

 

	8.	In no event shall the Licensee transfer, sub-license or assign any of its rights hereunder or subrogate any of its obligations hereunder. 

 

	9.	If the Licensor prematurely revokes the License of the Licensed Marks hereunder or the License has expired and has not been renewed, the Licensee shall complete any pending orders that have been accepted within 30 days
(“Clearing Period”). If the sales of those ordered goods exceeds the Clearing Period or any Permitted Goods fail to meet the quality requirements of the Licensor, the Licensee shall, upon demand by the Licensor, remove all trademarks or
logos at its own expenses, or allow the Licensee to repurchase such goods. After the expiration of the term of the License, the Licensee shall destroy all remaining packaging, user manuals and promotional materials which contain the Licensed Marks
if so instructed by the Licensor and make such amendments as instructed by the Licensor in respect of the online promotional information which contain Licensed Marks. 

  
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	10.	The Licensor shall have the right to unilaterally revoke the license at an earlier date before the expiry date by giving written notice, which shall be effective on and from the date of receipt of such notice by the
Licensee, if: 

  

	 	i.	The Licensee assigns or sub-licenses any Licensed Marks hereunder without consent of the Licensor; 

 

	 	ii.	The Licensee breaches Article 4, Article 5, Article 7 or Article 8 hereof, which causes loss and damage to the Licensor. 

The Licensor shall have the right to require the Licensee to bear legal liabilities, including but not limited to, eliminating any negative
impact and compensating for damage and losses. 
  

	11.	The Licensee shall be obligated to assist the Licensor in discovering and stopping any infringement of any rights related to the Licensed Marks hereunder. In the event that any such infringing act has been discovered,
the Licensee shall notify the Licensor immediately and assist the Licensor in taking legal actions against such infringing act. 

  

	12.	The formation, effectiveness, interpretation, performance and dispute resolution of this Agreement shall be governed by the laws of the Mainland territory of the People’s Republic of China. Any dispute arising out
hereof shall be settled by friendly consultation, failing which the parties agree to submit the dispute to Beijing Arbitration Commission for arbitration pursuant to the Rules of Arbitration thereof. The award of the arbitration shall be final and
binding upon the parties to the arbitration. Neither party shall initiate any legal proceedings in respect of the dispute to any court for purpose of altering the award. The losing party shall pay the costs and expenses of the arbitration, unless
the arbitral institute otherwise make any ruling in respect thereof. 

  

	13.	This Agreement shall be effective on and from the date on which both parties hereto affix their stamps. The term of this Agreement shall be Three (3) years. 

 

	14.	If any provision of this Agreement becomes invalid, unenforceable or illegal, such provision shall be severed from this Agreement and the remaining provisions shall not in any way be affected or impaired by such
invalidity, unenforceability or illegality. 

  

	15.	This Agreement shall not be deemed to have created any relationships of employer/employee, principal/agent, or joint venture. Neither party shall have any right to execute any contract on behalf of the other party.

  

	16.	Neither party may disclose any terms or conditions hereof without prior written consent of the other party, except as reasonably required by the banker, lawyer or accountant of the disclosing party or as stipulated by
laws. 

  

	17.	The Licensor shall not be liable for any indirect, incidental, special or consequential loss, which shall include loss on profit, income or data and whether in contract, tort or any litigation based on any guarantee. In
no event shall the liquidated damage payable by the Licensor exceed the royalty paid by the Licensee in respect of the Licensed Marks hereunder. 

  

	18.	The Licensee acknowledges that the Licensed Marks, and its relevant documents, and all other information in connection with the business and operation of the Licensor known by the Licensee during the term of this
Agreement or prior to the execution of this Agreement shall remain valuable, confidential and private to the Licensor. At all times during the term of this Agreement and thereafter, each receiving party and any of its employees, contracting parties,
advisers and agents shall (a) use the same degree of prudence as it normally exercises to protect its own confidential information to protect the information of the other party received by it; (b) keep the confidential information of the
other party in confidence; (c) not use the confidential information of the other party unless otherwise permitted by this Agreement; (d) not disseminate, distribute, sell, publish or in any other way make known to any third party any
confidential information of the other party. 

  
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 The Licensee acknowledges that irreparable damage would be caused to the Licensor in the event
that the receiving party violates the above-mentioned provisions of confidentiality. Therefore, in the event of any default, the Licensor shall be entitled to immediate injunctive relief in addition to any other relief to which it is legally
entitled. 
  

	19.	This Agreement shall be written in Chinese and executed in three (3) originals, each of which shall have equal legal force and effect. In witness whereof, the parties hereto have executed this Agreement as of the
date stated at the beginning of this Agreement. 

  

	20.	Appendix I “List of Licensed Marks”, Appendix II “List of Authorized Products” and Appendix III “Quality Guarantee Agreement” attached hereto shall have equal legal force and effect as this
Agreement. 

 (The remainder of this page is intentionally left blank) 

 

			
	XIAOMI COMMUNICATIONS CO., LTD.	  	ANHUI HUAMI INFORMATION TECHNOLOGY CO., LTD.
		
	(Contract seal: /s/ Xiaomi Communications Co., Ltd.)	  	(Contract seal: /s/ Anhui Huami Information Technology Co., Ltd.)

  
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