Document:

Ex 10.38 - Debt Assignment and offset Agreement

 Exhibit 10.38 

Debt Assignment and Offset Agreement 

This Debt Assignment and Offset Agreement (the “Agreement”) is entered into on April 11, 2017, by and among Chen Xiaotao (PRC Identification
number: [                 ], the “Transferor”), Qiu Zhongwei (PRC Identification number:
[                ], the “Transferee”), and Ocean Interactive (Beijing) Information Technology Co.,
Ltd.(the “WFOE”). 
 Whereas, Chen Xiaotao and Qiu Zhongwei entered into a Share Transfer Agreement on
April 11, 2017, (the “Share Transfer Agreement”). The Share Transfer Agreement stipulated that the Transferor should transfer 9.99% equity interest of Guangzhou Kugou Computer Technology Co., Ltd. (the “VIE
Company”) (the “Target Equity”, which is equal to RMB6,792,571 of the registered capital of the VIE Company ) to the Transferee. According the Share Transfer Agreement, the consideration of the Target Equity is
RMB64,400,000) (the “Transfer Price”). 
 Whereas, the Transferor, Xie Guomin and the WFOE entered into a Loan Agreement on
April 21, 2014 (the “Loan Agreement”). The Loan Agreement specified that the WFOE collectively extend an amount of RMB64,400,000 (the “Loan”) to the Transferor. 

In view of above, the parties agree as follows: 
  

	1.	 The Transferor and the WFOE agree to offset the Transferor’s creditor rights on the Transfer Price
(including the affiliated rights and claims) with the Transferor’s debts on the Loan (including the interests) completely. When the Agreement comes into effect, the WFOE is the creditor of the Transfer Price and the Transferee shall pay all the
Transfer Price to the WFOE. Meanwhile, the Transferor’s obligation to pay the Loan (including the interests) to the WFOE shall be deemed to have been fulfilled completely. 

 

	2.	 The execution of the Agreement shall be deemed as the effective notice of the assignment of the debt sent by
the Transferor to the Transferee. 

  

	3.	 The Transferee and the WFOE agree that the WFOE shall provide the Transferee with a loan equal to the amount of
the Transfer Price for Transferee to pay the Transfer Price due to the Agreement. Therefore the Transferee and the WFOE confirm that the Transferee have fulfilled the Transfer Price payment obligation, the WFOE have provided a loan equal to the
amount of Transfer Price to the Transferee, and the Transferee inherited all rights and obligations of the Transferor under the Loan Agreement. 

  

	4.	 This Agreement shall enter into force after all parties have signed or sealed properly. 

[The remainder of this Page is intentionally left blank] 

 This page is the signature page to the Debt Assignment and Offset Agreement. 

 

			
	Chen Xiaotao	 	Qiu Zhongwei
		
	Signature: /s/ Chen Xiaotao	 	Signature: /s/ Qiu Zhongwei
		
	 Ocean Interactive (Beijing) Information

Technology Co., Ltd.
	 	
		
	 /s/ Seal of Ocean Interactive (Beijing)

Information Technology Co., Ltd.Ex 10.39 - Spousal Consent (Spouse of Mr. Xie)

 Exhibit 10.39 

Spousal Consent 
 The
undersigned, Wang Meiqi, (Identification No.: [                ]), is the lawful spouse of Xie Guomin (Identification No.:
[                ] , hereinafter referred to as “my spouse”). I hereby unconditionally and irrevocably agree to the execution of the following documents
by my spouse as of March 26, 2018 (the “Transaction Documents”) and the disposal of the equity interests of Guangzhou Kugou Computer Technology Co. Ltd. (the “Domestic Company”) held by my
spouse and registered in his name pursuant to the provisions of the following documents: 
  

	 	(1)	 The equity interest pledge agreement by and among my spouse, Tencent Music (Beijing) Co., Ltd. (the
“WFOE”), the Domestic Company and other parties; 

  

	 	(2)	 The exclusive option agreement by and among my spouse, the WFOE, the Domestic Company and other parties; and

  

	 	(3)	 The voting trust agreement by and among my spouse, the WFOE, the Domestic Company and other parties.

 I hereby confirm that I do not enjoy any interests or rights respecting my spouse’s equity interests in the
Domestic Company and hereby undertake not to make any assertions in respect of such equity interests. I further confirm that, my spouse can perform the Transaction Documents and further amend or terminate the Transaction Documents or execute other
agreements to replace the Transaction Documents absent any separate authorization or consent from me. 
 I hereby undertake to execute all
necessary documents and take all necessary actions to ensure appropriate performance of the Transaction Documents (as amended from time to time). 

I hereby agree and undertake that, if for any reason I obtain any equity interests of the Domestic Company, I will be bound by the Transaction
Documents (as amended from time to time) and perform relevant obligations under the Transaction Documents (as amended from time to time) as a shareholder of the Domestic Company. For such purpose, upon requested by the WFOE, I will execute such
documents substantially equivalent with the Transaction Documents (as amended from time to time) in terms of format and content. 

Signature:  /s/ Wang Meiqi 

Date:  July 28, 2018Ex 10.40 - Spousal Consent (Spouse of Mr. Tang)

 Exhibit 10.40 

Spousal Consent 
 The
undersigned, Wang Xiaoqing, (Identification No.: [                ]), is the lawful spouse of Tang Liang (Identification No.:
[                ], hereinafter referred to as “my spouse”). I hereby unconditionally and irrevocably agree to the execution of the following documents
by my spouse as of March 26, 2018 (the “Transaction Documents”) and the disposal of the equity interests of Guangzhou Kugou Computer Technology Co. Ltd. (the “Domestic Company”) held by my
spouse and registered in his name pursuant to the provisions of the following documents: 
  

	 	(1)	 The equity interest pledge agreement by and among my spouse, Tencent Music (Beijing) Co., Ltd. (the
“WFOE”), the Domestic Company and other parties; 

  

	 	(2)	 The exclusive option agreement by and among my spouse, the WFOE, the Domestic Company and other parties; and

  

	 	(3)	 The voting trust agreement by and among my spouse, the WFOE, the Domestic Company and other parties.

 I hereby confirm that I do not enjoy any interests or rights respecting my spouse’s equity interests in the
Domestic Company and hereby undertake not to make any assertions in respect of such equity interests. I further confirm that, my spouse can perform the Transaction Documents and further amend or terminate the Transaction Documents or execute other
agreements to replace the Transaction Documents absent any separate authorization or consent from me. 
 I hereby undertake to execute all
necessary documents and take all necessary actions to ensure appropriate performance of the Transaction Documents (as amended from time to time). 

I hereby agree and undertake that, if for any reason I obtain any equity interests of the Domestic Company, I will be bound by the Transaction
Documents (as amended from time to time) and perform relevant obligations under the Transaction Documents (as amended from time to time) as a shareholder of the Domestic Company. For such purpose, upon requested by the WFOE, I will execute such
documents substantially equivalent with the Transaction Documents (as amended from time to time) in terms of format and content. 

Signature:  /s/ Wang Xiaoqing 

Date:  July 25, 2018Ex 10.41 - Spousal Consent (Spouse of Mr. Xu)

 Exhibit 10.41 

Spousal Consent 
 The
undersigned, Zhang Chunbo, (Identification No.: [                ]), is the lawful spouse of Xu Hanjie (Identification No.:
[                ], hereinafter referred to as “my spouse”). I hereby unconditionally and irrevocably agree to the execution of the following documents
by my spouse as of March 26, 2018 (the “Transaction Documents”) and the disposal of the equity interests of Guangzhou Kugou Computer Technology Co. Ltd. (the “Domestic Company”) held by my
spouse and registered in his name pursuant to the provisions of the following documents: 
  

	 	(1)	 The equity interest pledge agreement by and among my spouse, Tencent Music (Beijing) Co., Ltd. (the
“WFOE”), the Domestic Company and other parties; 

  

	 	(2)	 The exclusive option agreement by and among my spouse, the WFOE, the Domestic Company and other parties; and

  

	 	(3)	 The voting trust agreement by and among my spouse, the WFOE, the Domestic Company and other parties.

 I hereby confirm that I do not enjoy any interests or rights respecting my spouse’s equity interests in the
Domestic Company and hereby undertake not to make any assertions in respect of such equity interests. I further confirm that, my spouse can perform the Transaction Documents and further amend or terminate the Transaction Documents or execute other
agreements to replace the Transaction Documents absent any separate authorization or consent from me. 
 I hereby undertake to execute all
necessary documents and take all necessary actions to ensure appropriate performance of the Transaction Documents (as amended from time to time). 

I hereby agree and undertake that, if for any reason I obtain any equity interests of the Domestic Company, I will be bound by the Transaction
Documents (as amended from time to time) and perform relevant obligations under the Transaction Documents (as amended from time to time) as a shareholder of the Domestic Company. For such purpose, upon requested by the WFOE, I will execute such
documents substantially equivalent with the Transaction Documents (as amended from time to time) in terms of format and content. 

Signature:  /s/ Zhang Chunbo 

Date:  March 26, 2018Ex 10.42 - Spousal Consent (Spouse of Mr. Dong)

 Exhibit 10.42 

Spousal Consent 
 The
undersigned, He Chunxia, (Identification No.: [                ]), is the lawful spouse of Dong Jianming (Identification No.:
[                ], hereinafter referred to as “my spouse”). I hereby unconditionally and irrevocably agree to the execution of the following documents
by my spouse as of March 26, 2018 (the “Transaction Documents”) and the disposal of the equity interests of Guangzhou Kugou Computer Technology Co. Ltd. (the “Domestic Company”) held by my
spouse and registered in his name pursuant to the provisions of the following documents: 
  

	 	(1)	 The equity interest pledge agreement by and among my spouse, Tencent Music (Beijing) Co., Ltd. (the
“WFOE”), the Domestic Company and other parties; 

  

	 	(2)	 The exclusive option agreement by and among my spouse, the WFOE, the Domestic Company and other parties; and

  

	 	(3)	 The voting trust agreement by and among my spouse, the WFOE, the Domestic Company and other parties.

 I hereby confirm that I do not enjoy any interests or rights respecting my spouse’s equity interests in the
Domestic Company and hereby undertake not to make any assertions in respect of such equity interests. I further confirm that, my spouse can perform the Transaction Documents and further amend or terminate the Transaction Documents or execute other
agreements to replace the Transaction Documents absent any separate authorization or consent from me. 
 I hereby undertake to execute all
necessary documents and take all necessary actions to ensure appropriate performance of the Transaction Documents (as amended from time to time). 

I hereby agree and undertake that, if for any reason I obtain any equity interests of the Domestic Company, I will be bound by the Transaction
Documents (as amended from time to time) and perform relevant obligations under the Transaction Documents (as amended from time to time) as a shareholder of the Domestic Company. For such purpose, upon requested by the WFOE, I will execute such
documents substantially equivalent with the Transaction Documents (as amended from time to time) in terms of format and content. 

Signature:  /s/ He Chunxia 

Date:  July 26, 2018

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}]]