Document:

exv4w5

Exhibit 4.5

NETQIN MOBILE INC.

THIRD AMENDED AND RESTATED VOTING AGREEMENT

     THIS THIRD AMENDED AND RESTATED VOTING AGREEMENT (this “Agreement”) is made and entered into
as of November 12, 2010, by and among Netqin Mobile Inc., an exempted limited liability company
organized under the laws of the Cayman Islands (the “Company”), each of the entities listed on
Exhibit A hereto (each an “Investor,” and collectively, the “Investors”), each of the
persons listed on Exhibit B hereto (each a “Founder,” and collectively, the “Founders”),
RPL Holdings Limited, a limited liability company organized under the laws of the British Virgin
Islands (the “Founders’ HoldCo”), Beijing Netqin Technology Co., Ltd  (the “Domestic
Enterprise”) and Netqin Mobile (Beijing) Technology Co., Ltd.  (the “PRC
Subsidiary”, and together with the Company, the Founders’ HoldCo, the Domestic Enterprise, the
“Group Companies”). The Investors, the Founders’ HoldCo and the Founders are collectively referred
to herein as the “Shareholders”.

RECITALS

     A. The Founders, indirectly through their respective ownership interests in the Founders’
HoldCo, are the holders of 50,352,941 common shares of the Company, par value US$0.0001 per share
(the “Common Shares”).

     B. Pursuant to that certain Series A Preferred Share Purchase Agreement entered into as of
June 5, 2007 by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the Domestic
Enterprise, the Founders, and certain Investors (the “Series A Investors”), as amended by an
Amendment No. 1 to Preferred Shares Purchase Agreement dated as of June 22, 2007 (the “Series A
Share Purchase Agreement”), the Series A Investors purchased an aggregate of 33,250,000 Series A
preferred shares of the Company, par value US$0.0001 per share (the “Series A Shares”), subject to
the terms of the Series A Share Purchase Agreement.

     C. Pursuant to that certain Series B Preferred Share Purchase Agreement entered into as of
December 15, 2007 by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the Domestic
Enterprise, the Founders, and certain Investors (the
“Series B Investors”) (the “Series B Share
Purchase Agreement”), the Series B Investors agreed to subscribe for, and the Company agreed to
allot and issue to such Investors up to an aggregate of 34,926,471 Series B preferred shares of the
Company, par value US$0.0001 per share (the “Series B Shares”, and together with the Series A
Shares, the “Preferred Shares”), subject to the terms of the Series B Share Purchase Agreement.

     D. Pursuant to that certain Series C Preferred Share Purchase Agreement entered into as of
April 26, 2010 by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the Domestic
Enterprise, the Founders, and certain Investors (the “Series C Investors”) (the “Series C Share
Purchase Agreement”), the Series C Investors agreed to subscribe for, and the Company agreed to
allot and issue to such Investors up to an aggregate of 29,687,500 Series C preferred shares of the
Company, par value US$0.0001 per share (the “Series C Shares”, and together with the Series A
Shares and the Series B Shares, the “Preferred Shares”), subject to the terms of the Series C Share
Purchase Agreement.

 

 

     E. Pursuant to that certain Series C-1 Preferred Share Purchase Agreement entered into as of
November 12, 2010 by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the Domestic
Enterprise, the Founders, and certain Investors (the “Series C-1 Investors”) (the “Series C-1 Share
Purchase Agreement”), the Series C-1 Investors agreed to subscribe for, and the Company agreed to
allot and issue to such Investors up to an aggregate of 16,773,301 Series C-1 preferred shares of
the Company, par value US$0.0001 per share (the “Series C-1 Shares” together with the Series A
Shares, the Series B Shares and the Series C Shares, the “Preferred Shares”), subject to the terms
of the Series C-1 Share Purchase Agreement.

     F. The parties hereto are parties to that certain Third Amended and Restated Shareholders
Agreement dated as of November 12, 2010 (the “Series C-1 Shareholders Agreement”);

     G. Pursuant to that certain Second Amended and Restated Voting Agreement dated April
26th, 2010 by and among the Company, the Founders’ HoldCo, the PRC Subsidiary, the
Domestic Enterprise, the Founders, certain Series A Investors, the Series B Investors and the
Series C Investors (the “Series C Voting Agreement” or the “Prior Agreement”), the parties thereto
set forth certain voting rights.

     H. The Prior Agreement may be amended, and any provision therein waived, with the consent of
the Company and the Investors (as such term is defined in the Prior Agreement).

     I. The Investors of the Company desire to terminate the Prior Agreement and to accept the
rights created pursuant hereto in lieu of the rights granted to them under the Prior Agreement.

     J. The Founders’ HoldCo, the Founders and the Investors wish to provide for the future voting
of all of its Common Shares with respect to the designation of board directors and approval of a
Trade Sale (as defined below) or a Share Sale (as defined below).

     K. Each of the Shareholders wishes to take all actions necessary to procure for the future
voting of its Shares with respect to the designation of board directors and approval of the Trade
Sale or Share Sales.

     L. To induce the Series C-1 Investors to enter into the Series C-1 Share Purchase Agreement
and purchase Series C-1 Shares thereunder, the parties hereto desire to enter into this Agreement.

     M. Capitalized Terms used herein that are not otherwise defined herein shall have the meaning
attributed to them in the Series C-1 Share Purchase Agreement.

AGREEMENT

     NOW, THEREFORE, in consideration of the foregoing premises and certain other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as
follows:

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     1. Agreement to Vote. The Shareholders each hereby agree to hold all voting shares of
the Company registered in their respective names or beneficially owned by them as of the date
hereof and any and all other securities of the Company legally or beneficially acquired by them
after the date hereof (the “Shares”) subject to, and to vote such Shares in accordance with, the
provisions of this Agreement. Upon the failure of any Shareholder to vote its Shares in accordance
with the terms of this Agreement, such Shareholder hereby grants to a shareholder designated by the
Board of Directors of the Company a proxy coupled with an interest in all Shares owned by such
Shareholder, which proxy shall be irrevocable until this Agreement terminates pursuant to its terms
or this Section 1 is amended to remove such grant of proxy in accordance with Section
13 hereof, to vote all such Shares in the matter provided in Sections 2 and 3 hereof.

     2. Designation of Directors. Each of the Shareholders shall vote at any regular or
special meeting of Shareholders such number of Shares as may be necessary, or in lieu of any such
meeting, shall give such Shareholder’s written consent with respect to such number of Shares as may
be necessary, to designate:

          (a) as the “Series C Director”, one (1) Board designee nominated by the holders of a majority
of the Series C Shares and Series C-1 Shares (voting together as a single class), initially to be
Jun ZHANG;

          (b) as the “Series B Director”, one (1) Board designee nominated by the holders of a majority
of the Series B Shares, initially to be Weiguo ZHAO;

          (c) as the “Series A Director”, one (1) Board designee nominated by the holders of a majority
of the Series A Shares, initially to be James DING;

          (d) as the “Common Share Directors”, two (2) Board designees nominated by the holders of a
majority of the Common Shares held by the parties hereto, initially Yu LIN and Xu ZHOU;

     3. Removal and Filling of Vacancies. From time to time during the term of this
Agreement, the designator who is entitled to designate such designees pursuant to Section 2
may, in its sole discretion:

          (a) elect to remove from the Board any incumbent Board designee who occupies a Board seat for
which such designator then is entitled to designate the Board designee under Section 2
above; and/or

          (b) designate a new Board designee for election to a Board seat for which such designator is
then entitled to designate the Board designee under Section 2, above (whether to replace a
prior Board Designee or to fill a vacancy in such Board seat).

In the event of such removal and/or designation, each Shareholder agrees to vote its Shares as
necessary under Section 2 above to cause the removal from the Board of any Board designee
so designated for removal by the appropriate designator and the election to the Board of any new
Board designee so designated for election to the Board by the then appropriate designator.

     4. Founders’ Covenants.

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          (a) Each of the Founders hereby jointly and severally covenants to each and all of the
Investors that each will take all actions necessary, including without limitation corporate and
other proceedings, and execute all documents and instruments incident to such transactions for the
purpose of carrying out the transactions contemplated herein.

          (b) In the event that each or any of the Founders obtains a direct shareholding of the Company
(whether or not through Founders’ HoldCo) or where each or any of the Founders obtains a
shareholding of the Company through another entity or a series of entities (whether or not through
the Founders’ HoldCo), each of the Founders hereby jointly and severally covenants that each will
be bound by the terms of this Agreement.

     5. Legend on Share Certificates. Each certificate representing any Shares held by any
party to this Agreement shall be endorsed by the Company with a legend in substantially the
following form:

“THE SHARES EVIDENCED HEREBY ARE SUBJECT TO A VOTING AGREEMENT (A COPY OF WHICH MAY BE
OBTAINED UPON WRITTEN REQUEST FROM THE COMPANY), AND BY ACCEPTING ANY INTEREST IN SUCH SHARES THE
PERSON ACCEPTING SUCH INTEREST SHALL BE DEEMED TO AGREE TO AND SHALL BECOME
 BOUND BY ALL THE PROVISIONS OF SAID VOTING AGREEMENT.”

     6. Execution by the Company. The Company, by its execution in the space provided
below, agrees that it will cause the certificates evidencing the Shares to bear the legend required
by Section 5 herein, and it shall supply, free of charge, a copy of this Agreement to any
holder of a certificate evidencing Shares containing such legend upon written request from such
holder to the Company at its principal office. The parties hereto do hereby agree that the failure
to cause the certificates evidencing the appropriate Shares to bear the legend required by
Section 5 herein and/or failure of the Company to supply, free of charge, a copy of this
Agreement as provided under this Section 6 shall not affect the validity or enforcement of
this Agreement.

     7. Specific Enforcement. Except as otherwise provided herein, any and all remedies
herein expressly conferred upon a party shall be deemed cumulative with and not exclusive of any
other remedy conferred hereby, or by law or equity upon such party, and the exercise by a party of
any one remedy shall not preclude the exercise of any other remedy. The parties hereto agree that
irreparable damage would occur in the event that any of the provisions of this Agreement were not
performed in accordance with their specific terms or were otherwise breached. It is accordingly
agreed that the parties shall be entitled to seek an injunction or injunctions to prevent breaches
of this Agreement and to enforce specifically the terms and provisions hereof as permitted by the
laws of the State of California, this being in addition to any other remedy to which they are
entitled at law or in equity.

     8. Titles and Subtitles. 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. All
references in this Agreement to sections, paragraphs and exhibits shall, unless otherwise provided,
refer to sections and paragraphs hereof and exhibits attached hereto.

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     9. Notices. All notices and other communications required or permitted hereunder shall
be made in accordance with Section 8.1 of the Series C-1 Shareholders Agreement.

     10. Term. This Agreement shall terminate and be of no further force or effect upon a
Qualified Public Offering (as defined in the Series C-1 Shareholders Agreement).

     11. Manner of Voting. The voting of shares pursuant to this Voting Agreement may be
effected in person, by proxy, by written consent, or in any other manner permitted by applicable
law.

     12. Aggregation. All Shares of the Company held or acquired by affiliated entities or
persons of a Shareholder (including but not limited to: (i) a constituent partner or a retired
partner of a Shareholder that is a partnership; (ii) a parent, subsidiary or other affiliate of a
Shareholder that is a corporation; (iii) an immediate family Shareholder living in the same
household, a descendant, or a trust therefor, in the case of a Shareholder who is an individual;
(iv) a Shareholder of a Shareholder that is a limited liability company; or (v) any affiliated
persons or entities managed by affiliates of such Shareholder) (each, an “Affiliated Entity”),
shall be aggregated together for the purpose of determining the availability of any rights under
this Agreement which are triggered by the beneficial ownership of a threshold number of shares of
the Company’s capital shares.

     13. Amendments and Waivers. Any term hereof may be amended and the observance of any
term hereof may be waived (either generally or in a particular instance and either retroactively or
prospectively) only with the written consent of (a) the Company, (b) by persons or entities holding
a majority of the Common Shares held (directly or indirectly) by the Founders who are then
full-time employees of any Group Company and their Permitted Transferees, (c) the holders of at
least a majority of the outstanding Series A Shares (voting as a separate class), (d) the holders
of at least a majority of the outstanding Series B Shares (voting as a separate class),(e) the
holders of at least a majority of the outstanding Series C Shares and the holders of at least a
majority of the outstanding Series C-1 Shares (voting together as a single class); provided,
however, that any party may waive any of its rights hereunder without obtaining the consent of
any other party.

     14. Delays or Omissions. No delay or omission to exercise any right, power or remedy
accruing to any party under this Agreement, upon any breach or default of any other party under
this Agreement, shall impair any such right, power or remedy of such non-breaching or
non-defaulting party, nor shall it be construed to be a waiver of any such breach or default, or an
acquiescence therein, or of or in any similar breach or default thereafter occurring; nor shall any
waiver of any single breach or default be deemed a waiver of any other breach or default
theretofore or thereafter occurring. Any waiver, permit, consent or approval of any kind or
character on the part of any party of any breach or default under this Agreement, or any waiver on
the part of any party of any provisions or conditions of this Agreement, must be in writing and
shall be effective only to the extent specifically set forth in such writing. All remedies, either
under this Agreement or by law otherwise affording to any party, shall be cumulative and not
alternative.

     15. Share Splits, Share Dividends, etc. All references to the number of shares in this
Agreement shall be appropriately adjusted to reflect any share split, share dividend or other
change in the capital stock which may be made by the Company after the Closing. In

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the event of any issuance of any shares of capital stock or other securities of the Company issued
on, or in exchange for, any of the Shares by reason of a share split, share dividend,
recapitalization, reorganization, or the like, such shares or securities shall be deemed to be
Shares for purposes of this Agreement and shall be endorsed with the legend set forth above.

     16. Severability. If any provision of this Agreement shall be determined to be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby.

     17. Successors. Except as otherwise expressly provided herein, the provisions of this
Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective
heirs, successors, assigns, administrators and executors.

     18. Governing Law. This Agreement shall be governed by, and construed and enforced in
accordance with, the laws of the State of California as such laws are applied to agreements between
California residents entered into and to be performed within the State of California without regard
to principles of conflicts of laws.

     19. Dispute Resolution; Arbitration.

          (a) Negotiation Between Parties. The parties agree to negotiate in good faith to
resolve any dispute between them regarding this Agreement. If the negotiations do not resolve the
dispute to the reasonable satisfaction of all parties within thirty (30) days, subsection (b) below
shall apply.

          (b) Arbitration. In the event the parties are unable to settle a dispute between them
regarding this Agreement in accordance with subsection (a) above, any such dispute shall be
referred to and finally settled by arbitration at the Hong Kong International Arbitration Centre
under the Rules of Conciliation and Arbitration of the International Chamber of Commerce at the
arbitral situs of Hong Kong (the “ICC Rules”) in effect, which rules are deemed to be incorporated
by reference into this subsection (b). The arbitration tribunal shall consist of three (3)
arbitrators to be appointed according to the ICC Rules. The language of the arbitration shall be
English. The parties understand and agree that this provision regarding arbitration shall not
prevent any party from pursuing preliminary equitable or injunctive relief in a judicial forum
pending arbitration in order to compel another party to comply with this provision, to preserve the
status quo prior to the invocation of arbitration under this provision, or to prevent or halt
actions that may result in irreparable harm. A request for such equitable or injunctive relief
shall not waive this arbitration provision. The arbitrators shall decide any dispute submitted by
the parties to the arbitration strictly in accordance with the substantive law of the State of
California and shall not apply any other substantive law. Each party hereto shall cooperate with
the other in making full disclosure of and providing complete access to all information and
documents requested by the other in connection with such arbitration proceedings, subject only to
any confidentiality obligations binding on such party. The award of the arbitration tribunal shall
be final and binding upon the disputing parties, and either party may apply to a court of competent
jurisdiction for enforcement of such award.

          (c) The arbitrators shall decide any dispute submitted by the parties to the arbitration
strictly in accordance with the substantive law of the State of California and shall not apply any
other substantive law.

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          (d) Each party hereto shall cooperate with the other in making full disclosure of and
providing complete access to all information and documents requested by the other in connection
with such arbitration proceedings, subject only to any confidentiality obligations binding on such
party.

          (e) The award of the arbitration tribunal shall be final and binding upon the disputing
parties, and either party may apply to a court of competent jurisdiction for enforcement of such
award. The parties agree that the award of the arbitrator(s): shall be the sole and exclusive
remedy between them regarding any claims, counterclaims, issues or accountings presented or pled to
the arbitrator(s); that it shall be made and shall promptly be payable in U.S. dollars free of any
tax, deduction or offset; and that any costs, fees or taxes incident to enforcing the award shall,
to the maximum extent permitted by law, be charged against the party resisting such enforcement.

          (f) The award shall include interest from the date of any damages incurred for breach or other
violation of the contract, and from the date of the award until paid in full, at a rate to be fixed
by the arbitrator(s), but in no event less than the prime commercial lending rate announced by
JPMorgan Chase at their principal office(s) in New York City for 90-day loans for responsible and
substantial commercial borrowers.

          (g) All notices by one party to the other in connection with the arbitration shall be in
writing and shall be deemed to have been duly given or made if delivered or mailed by registered
air mail, return receipt requested, or by telex, to the parties’ addresses on the Schedules hereto
as may be updated from time to time upon notice.

          (h) The parties agree to hold all arbitration proceedings in the strictest confidence,
including without limitation the existence of the arbitration proceedings itself, except when
required to obtain preliminary equitable or injunctive relief, or otherwise within a court of
competent jurisdiction for the purposes of enforcing the award of the arbitration tribunal.

          (i) If any party to this Agreement seeks to enforce its rights under this Agreement by legal
proceedings, the non-prevailing party shall pay all costs and expenses incurred by the prevailing
party, including, without limitation, all reasonable attorneys’ fees.

     20. Titles and Subtitles. 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. All
references in this Agreement to sections, paragraphs and exhibits shall, unless otherwise provided,
refer to sections and paragraphs hereof and exhibits attached hereto.

     21. Entire Agreement. This Agreement, the Series C-1 Share Purchase Agreement, the
Series C-1 Shareholders Agreement, any other Transaction Agreement (as defined in the Series C-1
Share Purchase Agreement), and the schedules and exhibits hereto and thereto, which are hereby
expressly incorporated herein by this reference constitute the entire understanding and agreement
between the parties with regard to the subjects hereof. Without limiting the generality of the
foregoing, this Agreement supersedes, in its entirety, the Prior Agreement, which shall be null and
void and have no force or effect whatsoever as of the date of this Agreement. The parties hereto
hereby irrevocably waive any and all rights that they may have against any other party under the
Series C Voting Agreement.

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     22. Counterparts. This Agreement may be executed in any number of counterparts, each
of which shall be enforceable against the parties actually executing such counterparts, and all of
which together shall constitute one instrument.

     23. Conflict with Articles of Association. In the event of any conflict or
inconsistency between the provisions of this Agreement and the provisions of the Company’s
Memorandum and Articles of Association or other constitutional documents, the terms of this
Agreement shall prevail as between the Shareholders only. The Investors, the Founders’ HoldCo and
the Founders shall, notwithstanding the conflict or inconsistency, act so as to effect the intent
of this Agreement to the greatest extent possible under the circumstances and shall promptly amend
the conflicting constitutional documents to conform to this Agreement to the greatest extent
possible.

     24. Holding Companies. Each of the Founders who are natural persons shall procure the
Founders’ HoldCo to fully comply with and perform all of the obligations, covenants, undertakings
and commitments of such corporate Founder under this Agreement.

     25. Effectiveness.

     Notwithstanding any of the provisions in this Agreement, this Agreement shall not be effective
for either GSR Ventures II, L.P. or GSR Associates II, L.P. (together, “GSR”) until the signature
pages of GSR are accompanied by a seal or chop of the general partner of GSR.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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

	 	 	 	 	 	 	 

	 	 	THE COMPANY:	 	 
	 
	 	 	 	 	 	 
	 	 	NETQIN MOBILE INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Yu Lin
 

Yu Lin
	 	 
	 

	 	Title:
	 	Chairman and Chief Executive Officer	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	FOUNDERS’ HOLDCO:	 	 
	 
	 	 	 	 	 	 
	 	 	RPL HOLDINGS LIMITED	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Yu Lin
 

Yu Lin
	 	 
	 

	 	Title:
	 	Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES A INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.

Its General Partner
	 	
	 
	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.

Its General Partner
	 	
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Authorized Signatory	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES A INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P.	 	 
	 

	 	 	 	A Cayman Islands Exempted limited partnership	 	 
	 

	 	 	 	General Partner of Each	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SC China Holding Limited	 	 
	 

	 	 	 	A Cayman Islands limited liability company	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	Name:
	 	/s/ Jimmy Wong
 

Jimmy Wong
	 	 

SIGNATURE
PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES B INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures I, L.P.	 	 
	 	 	By: Ceyuan Ventures Management, LLC	 	 
	 	 	Its: General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/  Feng Bo	 	 
	 

	 	 	 	 

	 	 
	 	 	Executive Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures Advisors Fund, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/  Feng Bo	 	 
	 

	 	 	 	 

	 	 
	 

	 	Executive Managing Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES B INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	FIDELITY ASIA VENTURES FUND, L.P.	 	 
	 	 	By: Fidelity Asia Partners, L.P., its General Partner	 	 
	 	 	By: FIL Asia Ventures Limited, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Christopher Brealey
 

Christopher Brealey
	 	 
	 

	 	Title:
	 	Director	 	 
	 
	 	 	 	 	 	 
	 	 	FIDELITY ASIA PRINCIPALS FUND, L.P.	 	 
	 	 	By: Fidelity Asia Partners, L.P., its General Partner	 	 
	 	 	By: FIL Asia Ventures Limited, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Christopher Brealey
 

Christopher Brealey
	 	 
	 

	 	Title:
	 	Director	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES B INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.

Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.

Its General Partner
	 	
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Authorized Signatory	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.

Its General Partner
	 	
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James Ding
 

Authorized Signatory
	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES B
INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SEQUOIA CAPITAL CHINA I, L.P.	 	 
	 	 	SEQUOIA
CAPITAL CHINA PARTNERS FUND I, L.P.	 	 
	 	 	SEQUOIA
CAPITAL CHINA PRINCIPALS FUND I, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Sequoia Capital China Management I, L.P.	 	 
	 

	 	 	 	A Cayman Islands Exempted limited partnership	 	 
	 

	 	 	 	General Partner of Each	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SC China Holding Limited	 	 
	 

	 	 	 	A Cayman Islands limited liability company	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	Name:
	 	/s/ Jimmy Wong
 

Jimmy Wong
	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	SERIES C INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SMOOTH FLOW LIMITED	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/
Jun Zhang

	 	 
	 

	 	Name:
	 	Jun Zhang 

	 	 
	 

	 	 	 	 	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN
WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 
	 	SERIES C INVESTORS:
	 
	 
	 	 	Ceyuan Ventures I, L.P.	 	 
	 

	 	By:
	 	Ceyuan
Ventures Management, LLC

	 

	 	Its:
	 	General
Partner

	 
	 

	 	By:
	 	/s/ Feng Bo 

	 	 	Executive Managing Director
	 	 
	 
	 	 	Ceyuan Ventures
Advisors Fund, LLC	 	 
	 
	 

	 	By:
	 	/s/ Feng Bo 

	 	 	Executive Managing Director
	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN
WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C INVESTORS:

GSR Ventures II, L.P.

By:    GSR Partners II, L.P.

         Its General Partner

By:   GSR Partners II, Ltd.

         Its General Partner

 	 
	 	By:  	/s/
James Ding 	
 
	 	 	Authorized Signatory 	 
	 	 	 	 
	 	Address:

101 University Ave., 4F

Palo Alto, CA 94301, USA

Attn: James Ding

GSR Associates II, L.P.

By:   GSR Partners II, L.P.

           Its General Partner

By:   GSR Partners II, Ltd.

         Its General Partner

 	 
	 	By:  	
/s/ James Ding 	 
	 	 	Authorized Signatory 	 
	 	 	 	 
	 	Address:

101 University Ave., 4F

Palo Alto, CA 94301, USA

Attn: James Ding

 	 
	 	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 
	 	SERIES C-1 INVESTORS:
	 
	 
	 	 	Ceyuan Ventures I, L.P.	 	 
	 

	 	By:
	 	Ceyuan
Ventures Management, LLC

	 

	 	Its:
	 	General
Partner

	 
	 

	 	By:
	 	/s/ Feng Bo 

	 	 	Executive Managing Director
	 	 
	 
	 	 	Ceyuan Ventures
Advisors Fund, LLC	 	 
	 
	 

	 	By:
	 	/s/ Feng Bo 

	 	 	Executive Managing Director
	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

ASIA VENTURES II L.P.

 	 
	 	By:  	/s/ Christopher Brealey
 	 
	 	Name:  	Christopher Brealey 	 
	 	Title:  	Director 	 
	 	

By:      ASIA Partners II L.P, its General Partner

By:      FIL Capital Management Limited

            as General Partner
 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized
representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

GSR Ventures II, L.P.

By:  GSR Partners II, L.P.

        Its General Partner

By:  GSR Partners II, Ltd.

        Its General
Partner

 
	 	By:  	/s/James
Ding	 
	 	 	Authorized Signatory 

	 
	 	GSR Associates II, L.P.

By:  GSR Partners II, L.P.

        Its General Partner

By:  GSR Partners II, Ltd.

        Its General Partner

 
	 	By:  	/s/James
Ding	 
	 	 	Authorized Signatory 

	 
	 	Banean Holdings Ltd.

 	 
	 	By: 	/s/Waiping Leong	 
	 	 	Authorized Signatory 	 
	 	 	 	 
	 	Address:

101 University Ave., 4F

Palo Alto, CA 94301, USA

Attn: James Ding
 	 
	 	 	 

SIGNATURE
PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

SEQUOIA CAPITAL CHINA I, L.P.

SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.

SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.

 	 
	 	By:	 	Sequoia Capital China Management I, L.P.

A Cayman Islands Exempted limited partnership

General Partner of Each

	 
	 	By:	 	SC China Holding Limited

A Cayman Islands limited liability company 

Its General Partner

 	 
	 	 	 	/s/ Jimmy Wong	 
	 	Name: Jimmy Wong

 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

PACIFIC GROWTH VENTURES, L.P.

By: Pacific Growth Advisors, LDC, its General Partner

 	 
	 	By:  	/s/ Ben Yang
 	 
	 	Name:  	Ben Yang 	 
	 	 	Authorized Signatory 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

H.T.C. (B.V.I.) CORP.

 	 
	 	By:  	/s/ Cher Wang
 	 
	 	Name:  	Cher Wang	 
	 	Title:  	Director	 
	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

QUALCOMM Incorporated

 	 
	 	By:  	/s/ Quinn Li
 	 
	 	Name:  	Quinn Li 	 
	 	Title:  	Senior Director, Ventures 	 
	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

CMC CAPITAL INVESTMENTS, L.P.

By: Pacific Venture Group, LDC, its General Partner

 	 
	 	By:  	/s/ Chen - Wen Tarn
 	 
	 	Name:  	Chen - Wen Tarn 	 
	 	 	Authorized Signatory 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

MONTFORD CONSULTING LTD.

 	 
	 	By:  	/s/ Chen - Wen Tarn
 	 
	 	Name:  	Chen - Wen Tarn 	 
	 	 	Authorized Signatory 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	SERIES C-1 INVESTORS:

SEQUOIA CAPITAL CHINA I, L.P.

SEQUOIA CAPITAL CHINA PARTNERS FUND I, L.P.

SEQUOIA CAPITAL CHINA PRINCIPALS FUND I, L.P.

 	 
	 	By:	 Sequoia Capital China Management I, L.P.

A Cayman Islands Exempted limited partnership

General Partner of Each

	 
	 	By:	SC China Holding Limited

A Cayman Islands limited liability company 

Its General Partner	 
	 	 	 
	 	 	     /s/ Jimmy Wong
 	 
	 	Name:  	Jimmy Wong 	 
	 	 	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	DOMESTIC ENTERPRISE:
 

BEIJING NETQIN TECHNOLOGY CO., LTD.

 
 	 
	 	By:  	/s/ Lin Yu
 	 
	 	Name: Lin Yu	 
	 	 	 
	 
	 
	 	PRC SUBSIDIARY:
 

NETQIN MOBILE (BEIJING) TECHNOLOGY CO., LTD

 
 
 	 
	 	By:  	/s/ Lin Yu
 	 
	 	Name: Lin Yu	 
	 	 	 
	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

     IN
WITNESS WHEREOF, the parties have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	FOUNDERS:

 	 
	 	/s/ Lin Yu
 	 
	 	Lin Yu () 	 
	 	 	 
	 	/s/ Shi Wenyong
 	 
	 	Shi Wenyong() 	 
	 	 	 
	 	/s/ Zhou Xu
 	 
	 	Zhou Xu() 	 
	 	 	 
	 

SIGNATURE PAGE OF NETQIN MOBILE SERIES C-1 VOTING AGREEMENT

 

 

Schedule A

Schedule of Series C-1 Investors

(Subsequent Closing on December 8, 2010)

	 	 	 	 	 
	Series C Investors	 	Number of Series C-1 Shares
	Pacific Growth Ventures, L.P.
	 	 	1,039,478	 
	Sequoia Capital China I, L.P.
	 	 	1,099,808	 
	Sequoia Capital China Partners Fund I,
L.P.
	 	 	126,375	 
	Sequoia Capital China Principals Fund I,
L.P.
	 	 	170,222	 
	GSR Ventures II, L.P.
	 	 	2,421,944	 
	GSR Associates II, L.P.
	 	 	145,317	 
	Banean Holdings Ltd
	 	 	52,393	 
	Ceyuan Ventures I, L.P.
	 	 	1,815,320	 
	Ceyuan Ventures Advisors Fund, LLC
	 	 	81,566	 
	Asia Ventures II L.P.
	 	 	464,975	 
	H.T.C. (B.V.I.) CORP.
	 	 	2,969,938	 
	QUALCOMM Incorporated
	 	 	3,267,530	 
	CMC Capital Investments, L.P.
	 	 	2,613,560	 
	Montford Consulting Ltd.
	 	 	504,875	 
	Total
	 	 	16,773,301	 

 

 

Schedule B

LIST OF FOUNDERS

LIN YU

with the PRC ID Number of 352124197612060013

SHI
WENYONG  

with the PRC ID Number of 352124197711280513

ZHOU XU

with the PRC ID Number of 110104690310301exv4w6

Exhibit 4.6

SERIES C PREFERRED SHARE PURCHASE AGREEMENT

DATED THIS 26th DAY OF APRIL, 2010

BY AND AMONG

NETQIN MOBILE INC.

(as “Company”)

BEIJING NETQIN TECHNOLOGY CO., LTD

(as “Domestic Enterprise”)

NETQIN MOBILE (BEIJING) TECHNOLOGY CO., LTD

(as “PRC Subsidiary”)

the Persons listed on Exhibit A

(as “Investors”)

the Persons listed on Exhibit B

(as “Founders”)

AND

RPL HOLDINGS LIMITED

(as “Founders’ HoldCo”)

 

SERIES C PREFERRED SHARE PURCHASE AGREEMENT

     This SERIES C PREFERRED SHARE PURCHASE AGREEMENT (the “Agreement”) is made on the
26th day of April, 2010 by and among NETQIN MOBILE INC, an exempted company
incorporated and existing under the laws of the Cayman Islands (the “Company”), the purchasers of
Series C Preferred Shares of the Company listed on
Exhibit A attached to this Agreement
(each an “Investor” and together the “Investors”), the persons listed on Exhibit B
attached to this Agreement (each a “Founder” and together the “Founders”), RPL HOLDINGS LIMITED
(the “Founders’ HoldCo”), BEIJING NETQIN
TECHNOLOGY CO., LTD
(), a limited liability company
organized and existing under the laws of the People’s Republic of China (the “PRC”) (the “Domestic
Enterprise”), NetQin Mobile (Beijing) Technology Co., Ltd.
(), a wholly-foreign owned
enterprise organized and existing under the laws of the PRC (the “PRC Subsidiary”, collectively
with the Company, the Domestic Enterprise and the Founders’ HoldCo, the “Group Companies” and
each, a “Group Company”).

     Each of the Company, the Investors, the Founders, the Founders’ HoldCo, the Domestic
Enterprise and the PRC Subsidiary shall be referred to individually as a “Party” and collectively
as the “Parties”.

RECITALS

     A. The Company is an exempted limited liability company established under the laws of the
Cayman Islands on March 14, 2007;

     B. The Domestic Enterprise is a limited liability company established by the Founders under
the laws of the PRC with its registered address at Room 1322, Suite C,
Building No.1, Zhongguancun Software Park, Haidian District,
Beijing, the PRC
();

     C. The Company is the 100% owner of the PRC Subsidiary, which is a wholly foreign-owned
enterprise established under the laws of the PRC with its registered address at Room 1238-1,
Suite B, Building No.1, Zhongguancun Software Park, Haidian District,
Beijing, the PRC
();

     D. The Company desires to issue and sell to the Investors and the Investors desire to
purchase from the Company, the respective numbers of Series C preferred shares, par value
US$0.0001 per share, of the Company (the “Series C Shares”) as set forth opposite their names on
Exhibit A hereto, on the terms and conditions set forth in this Agreement.

AGREEMENT

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

 

 

1. AGREEMENT TO PURCHASE AND ISSUE SERIES C SHARES

     1.1 Authorization. As of the Closing (as defined below), the Company will have
authorized the issuance, pursuant to the terms and conditions of this Agreement, of 29,687,500
Series C Shares, having the rights, preferences, privileges and restrictions as set forth in the
Third Amended and Restated Memorandum and Articles of Association of the Company attached hereto
as Exhibit C (the “Restated Articles”) and shall duly adopt the Restated Articles on or
before the Closing (as defined below).

     1.2 Agreement to Subscribe for and Allot Series C Shares. Subject to the terms and
conditions hereof, the Company hereby agrees to issue to each Investor, and such Investor hereby
agrees to subscribe from the Company, on the date of Closing (the “Closing Date”), up to the
number of Series C Shares as set forth opposite the name of such Investor in Exhibit A
hereto for the subscription price of US$0.5726 per share (the “Subscription Price”), amounting to
an aggregate of up to 29,687,500 Series C Shares and an aggregate subscription price of up to
US$17,000,000.

     1.3 The Series C Shares to be purchased and sold pursuant to this Agreement will be
collectively hereinafter referred to as the “Purchased Shares” and the Common Shares of the Company
issuable upon conversion of the Purchased Shares will be collectively hereinafter referred to as
the “Conversion Shares”.

     1.4 The respective obligations of the Investors under this Agreement are several but not
joint.

2. CLOSING; DELIVERY

     2.1 Closing. Subject to the fulfillment of the conditions to closing as set forth in
Sections 6 and 7, the sale of the Purchased Shares as provided in Section 1 above
shall take place at a closing (the “Closing”). The Closing shall be held at the offices of the
Company in Beijing, at such time to be mutually agreed upon by the parties on April 26, 2010, or at
such other time and place to be mutually agreed upon by the parties.

     2.2 Delivery. At the Closing, in addition to any items the delivery of which is made
an express closing condition pursuant to Sections 6 and 7, the Company will deliver to each
Investor set forth on Exhibit A (i) a certificate registered in such Investor’s name
representing the number of Purchased Shares that such Investor is purchasing in the Closing against
payment of the Subscription Price therefor, as set forth in the column designated “Subscription
Price” opposite such Investor’s name on Exhibit A, by wire transfer of funds to a
designated account of the Company, provided that wire transfer instructions are delivered
to the Investors at least seven (7) business days prior to the Closing, (ii) a copy of the
Company’s register of members, certified by a director of the Company as true and complete as of
the date of the Closing, updated to show each Investor as the holder of its respective number of
the Purchased Shares as of the Closing.

3. REPRESENTATIONS AND WARRANTIES OF THE COVENANTORS

     The Group Companies and the Founders (the “Covenantors”, and each the “Covenantor”), jointly
and severally, hereby represent and warrant to each Investor, except as set forth in the
Disclosure Schedule (the “Disclosure Schedule”) attached to this

2

 

Agreement as Exhibit D (which shall be deemed to be representations and warranties of the
Covenantors), as of the date hereof, the date of the Closing, as follows. In this Agreement, any
reference to a party’s “knowledge” means such party’s actual knowledge after due and diligent
inquiries of officers and directors of such party reasonably believed to have knowledge of the
matter in question.

     3.1 Organization, Standing and Qualification. Each of the Group Companies is duly
organized, validly existing and in good standing (or equivalent status in the relevant
jurisdiction) under, and by virtue of, the laws of the place of its incorporation or establishment
and has all requisite power and authority to own its properties and assets and to carry on its
business as now conducted, and to perform each of its obligations hereunder and under any agreement
contemplated hereunder to which it is a party. Each of the Group Companies is qualified to do
business and is in good standing (or equivalent status in the relevant jurisdiction) in each
jurisdiction where failure to be so qualified would have a material adverse effect on its condition
(financial or otherwise), assets and properties, results of operation, business (as presently
conducted) or prospects (a “Material Adverse Effect”).

     3.2 Capitalization. Immediately prior to the Closing, the authorized share capital
of the Company is US$34,786.3971, consisting of the following:

          (a) Common Shares. A total of 250,000,000 authorized Common Shares, of which
50,352,941 Common Shares are issued and outstanding.

          (b) Series A Shares. A total of 33,250,000 authorized Series A preferred shares, par
value US$0.0001 per share, of the Company (the “Series A Shares”), all of which are issued and
outstanding. The rights, privileges and preference of the Series A Shares are as stated in the
Restated Articles and as provided by the Companies Law (2009 Revision) of the Cayman Islands.

          (c) Series B Shares. A total of 34,926,471 authorized Series B Shares, all of which
are issued and outstanding. The rights, privileges and preference of the Series B Shares are as
stated in the Restated Articles and as provided by the Companies Law (2009 Revision) of the Cayman
Islands.

          (d) Series C Shares. A total of 29,687,500 authorized Series C Shares, none of which
are issued and outstanding. The rights, privileges and preference of the Series C Shares are as
stated in the Restated Articles and as provided by the Companies Law (2009 Revision) of the Cayman
Islands.

          (e) The Purchased Shares, when issued, sold and delivered in accordance with the terms of
this Agreement, will be duly and validly issued, fully paid and nonassessable. The Conversion
Shares have been duly and validly reserved for issuance and, upon issuance in accordance with the
terms of the Restated Articles, will be duly and validly issued, fully paid and nonassessable.

          (f) All of the outstanding shares of the Company have been duly and validly issued, fully paid
and nonassessable, and all outstanding shares, options, warrants and other securities of the
Company have been issued in full compliance with the requirements of all applicable securities laws
and regulations, including the registration and prospectus delivery requirements of the United
States Securities Act of 1933, as amended (the

3

 

“Securities Act”), or in compliance with applicable exemptions therefrom, all other provisions of
applicable securities laws and regulations, and the Circular 75 issued by the State Administration
of Foreign Exchange of the PRC (the “SAFE”) on October 21, 2005, titled “Notice Regarding Certain
Administrative Measures on Financing and Inbound Investments by PRC Residents Through Offshore
Special Purpose Vehicles”, effective as of November 1, 2005 (the “Circular 75”).

          (g) Options, Warrants, Reserved Shares. Except for (i) the conversion privileges of
the Series A Shares, Series B Shares and Series C Shares, (ii) up to 26,415,442 Common Shares
reserved for issuance pursuant to the ESOP (as defined in Section 5.7), and (iii) as
provided in Section 3.2(g) of the Disclosure Schedule, there are no options, warrants,
conversion privileges or other rights, or agreements with respect to the issuance thereof,
presently outstanding to purchase any of the shares of the Company. Except as set forth in the
Restated Shareholders Agreement (defined below), no shares of the Company’s outstanding share
capital, or shares issuable upon exercise or exchange of any outstanding options or other shares
issuable by the Company, are subject to any preemptive rights, rights of first refusal or other
rights to purchase such shares (whether in favor of the Company or any other person).

          (h) Domestic Enterprise Registered Capital. The registered capital of the Domestic
Enterprise is RMB 10,000,000, which has been contributed in full. Except as disclosed in
Section 3.2(h) of the Disclosure Schedule, there are no options, warrants, conversion
privileges or other rights, or agreements with respect to the issuance thereof, presently
outstanding to purchase any of the equity interests of the Domestic Enterprise and no outstanding
equity interests of the Domestic Enterprise are subject to any encumbrance, preemptive rights,
rights of first refusal or other rights to purchase such equity interests (whether in favor of the
Domestic Enterprise or any other person).

          (i) PRC Subsidiary Registered Capital. The registered capital of the PRC Subsidiary is
US$14,700,000, which has been contributed in full. The Company owns beneficially and of record one
hundred percent 100% of the equity interest of the PRC Subsidiary. There are no options, warrants,
conversion privileges or other rights, or agreements with respect to the issuance thereof,
presently outstanding to purchase any of the equity interests of the PRC Subsidiary and no
outstanding equity interests of the PRC Subsidiary are subject to any encumbrance, preemptive
rights, rights of first refusal or other rights to purchase such equity interests (whether in favor
of the PRC Subsidiary or any other person).

          (j) Founders’ HoldCo. The Founders own beneficially and of record one hundred percent
(100%) of the equity interest of the Founders’ Holdco.

          (k) A complete and current list of all outstanding shareholders, option holders and other
security holders of each Group Company as of the date hereof is set forth in Section 3.2(k) of
the Disclosure Schedule, indicating the type and number of shares, options or other securities
held by each such shareholder, option holder or other security holder.

     3.3 Subsidiaries. Except for the Company’s ownership of the PRC Subsidiary and the
contractual control of the Domestic Enterprise by the PRC Subsidiary, no Group Company presently
owns or controls, directly or indirectly, any interest in any other

4

 

corporation, partnership, trust, joint venture, association, or other entity. No member of the
Group Companies is a participant in any joint venture, partnership or similar arrangement.

     3.4 Due Authorization. All corporate action on the part of each Group Company, its
officers, directors and equity interest holders necessary for the authorization, execution and
delivery of, and the performance of its obligations under, this Agreement, the Restated
Shareholders Agreement and any other agreements to which it is a party and those which is
contemplated hereunder (collectively, the “Transaction Agreements”) will have been obtained prior
to the Closing. Each of this Agreement and the other Transaction Agreements, upon execution by
each Covenantor, will be a valid and binding obligation of the such Covenantor enforceable against
such Covenantor in accordance with their respective terms, subject, as to enforcement of remedies,
to applicable bankruptcy, insolvency, moratorium, reorganization and similar laws affecting
creditors’ rights generally and to general equitable principles.

     3.5 Financial Statements. Each Group Company has delivered to the Investors its
consolidated financial statements (including balance sheets and income statements) for the twelve
(12) consecutive months period ending March 31, 2010 (the foregoing financial statements and any
notes thereto are hereinafter referred to as the “Financial Statements”, and March 31, 2010, the
“Balance Sheet Date”). Such Financial Statements (a) are in accordance with the books and records
of such Group Company, (b) are true, correct and complete and present fairly the financial
condition of such Group Company at the date or dates therein indicated and the results of
operations for the period or periods therein specified, and (c) have been prepared in accordance
with the generally accepted accounting principles of the PRC (“PRC GAAP”) applied on a consistent
basis, except as to the unaudited consolidated financial statements, for the omission of notes
thereto and normal year-end audit adjustments. Specifically, but not by way of limitation, the
respective balance sheets of the Financial Statements disclose all of such Group Company’s material
debts, liabilities and obligations of any nature, whether due or to become due, as of their
respective dates (including, without limitation, absolute liabilities, accrued liabilities, and
contingent liabilities) to the extent such debts, liabilities and obligations are required to be
disclosed in accordance with the PRC GAAP. Each Group Company has good and marketable title to all
assets set forth on the balance sheets of the Financial Statements, except for such assets as have
been spent, sold or transferred in the ordinary course of business since the Balance Sheet Date.
Except as disclosed in the Financial Statements and the Disclosure Schedule, none of the Group
Companies or any Founder is a guarantor or indemnitor of any indebtedness of any other person or
entity. Each Group Company maintains and will continue to maintain a standard system of accounting
established and administered in accordance with generally accepted accounting principles.

     3.6 Liabilities. None of the Group Companies have any indebtedness for borrowed
money, absolute or contingent, that has been directly or indirectly created, incurred, assumed, or
guaranteed, or with respect to which any Group Company has otherwise become directly or indirectly
liable, except for (i) obligations and liabilities reflected on the Financial Statements, (ii)
obligations incurred in the ordinary course of business that would not be required to be reflected
in financial statements prepared in accordance with PRC GAAP (as defined in the Restated
Shareholders Agreement), and (iii) obligations and liabilities disclosed in Section 3.6 of the
Disclosure Schedule.

     3.7 Title to Properties and Assets. Each Group Company has good and

5

 

marketable title to its properties and assets subject to no mortgage, pledge, lien, encumbrance,
security interest or charge of any kind. With respect to the property and assets it leases, each
Group Company is in compliance with such leases and holds valid leasehold interests in such assets
free of any liens, encumbrances, security interests or claims of any party other than the lessors
of such property and assets.

     3.8 Status of Proprietary Assets. For purpose of this Agreement, (i) “Proprietary
Assets” shall mean all patents, patent applications, trademarks, service marks, trade names,
domain names, copyrights, copyright registrations and applications and all other rights
corresponding thereto, inventions, databases and all rights therein, all computer software
including all source code, object code, firmware, development tools, files, records and data,
including all media on which any of the foregoing is stored, formulas, designs, trade secrets,
confidential and proprietary information, proprietary rights, know-how and processes of a company,
and all documentation related to any of the foregoing; and (ii) “Registered Intellectual Property”
means all Proprietary Assets of the Group Companies, wherever located, that is the subject of an
application, certificate, filing, registration or other document issued by, filed with or recorded
by any government authority.

          (a) Except as disclosed in Section 3.8 of the Disclosure Schedule, each Group Company
(i) has independently developed and owns free and clear of all material claims, security
interests, liens or other encumbrances, or (ii) has a valid right or license to use, all
Proprietary Assets, including Registered Intellectual Property, necessary and appropriate for its
business as now conducted and without any conflict with or infringement of the rights of others.
Section 3.8 of the Disclosure Schedule contains a complete list of Proprietary Assets,
including all Registered Intellectual Property, of the Group Companies.

          (b) There are no outstanding options, licenses or agreements of any kind relating to the
Proprietary Assets, including the Registered Intellectual Property used by the Group Companies,
nor is any of the Group Companies bound by or a party to any options, licenses or agreements of
any kind with respect to any Proprietary Assets, including the Registered Intellectual Property
rights of any other person or entity, except, in either case, for end-user, object code,
internal-use software license and support/maintenance agreements, and non-disclosure agreements
and as disclosed in Section 3.8 of the Disclosure Schedule.

          (c) Each Group Company has taken all commercially reasonable security measures to protect the
secrecy, confidentiality, and value of all its Proprietary Assets, including the Registered
Intellectual Property, required to conduct its business.

          (d) None of the Group Companies has received any communications (oral or written) alleging
that any of the Group Companies has violated or, by conducting its business (including as proposed
to be conducted by such Group Companies), would violate any of the intellectual property rights of
any other person or entity.

          (e) Each Group Company has obtained and possesses valid licenses to use all of the software
programs present on the computers and other software-enabled electronic devices that it owns or
leases or that it has otherwise provided to its employees for their use in connection with the
business of such Group Company.

          (f) Each Founder, employee and consultant of any Group Company has assigned to a Group
Company all intellectual property rights he or she owns that are related

6

 

to the business as now conducted or as presently proposed to be conducted by any Group Company,
and such intellectual property rights will remain with the Group Company in the event of the
termination of employment and/or consultation relationship of such Founder, employee and/or
consultant with the Group Company.

          (g) Neither the execution nor delivery of this Agreement and any other Transaction Agreement,
nor the carrying on of the business of any Group Company by its employees, nor the conduct of the
business of the Group Companies as proposed, will conflict with or result in a breach of the
terms, conditions or provisions of, or constitute a default under, any contract, covenant or
instrument under which the any Group Company or any of such employees is now obligated.

     3.9 Material Contracts and Obligations.

          (a) All agreements, contracts, leases, licenses, instruments, commitments (oral or written),
indebtedness, liabilities and other obligations to which each Group Company is a party or by which
it is bound that (i) are material to the conduct and operations of its business and properties,
(ii) involve any of the officers, consultants, directors, employees or shareholders of such Group
Company; or (iii) obligate the Group Company to share, license or develop any product or technology
are listed in Section 3.9(a) of the Disclosure Schedule (collectively, “Material
Contracts”). None of the Group Companies is in default or breach under any of the Material
Contracts. For purposes of this Section 3.9, “material” shall mean (i) having an aggregate
value, cost or amount, or imposing liability or contingent liability on any Group Company, in
excess of US$250,000 or that extend for more than one (1) year beyond the date of this Agreement,
(ii) containing exclusivity, noncompetition, or similar clauses that impair, restrict or impose
conditions on any Group Company’s right to offer or sell products or services in specified areas,
during specified periods, or otherwise, (iii) not in the ordinary course of business, or (iv)
transferring or licensing any Proprietary Assets to or from any Group Company (other than licenses
granted in the ordinary course of business or licenses from commercially readily available “off the
shelf” computer software).

          (b) Each Material Contract is a valid and binding agreement of each Group Company that is a
party thereto, the performance of which does not violate any applicable statute or law, rule,
regulation, official policy, interpretation or pronouncement of any governmental authority,
injunction, judgment, decree, order, ruling, assessment or writ of any governmental authority, and
is in full force and effect, and such Group Company has duly performed all of its obligations under
each Material Contract in all material respects to the extent that such obligations to perform have
accrued, and no material breach or default, alleged breach or alleged default, or event which would
(with the passage of time, notice or both) constitute a material breach or default thereunder by
such Group Company, any Founder, or, to the best knowledge of the Group Company, any other party or
obligor with respect thereto, has occurred, or as a result of this Agreement or performance hereof
will occur. No Group Company has given notice (whether or not written) that it intends to terminate
a Material Contract or that any other party thereto has materially breached, violated or defaulted
under any Material Contract. No Group Company has received any notice (whether or not written) that
(i) it has breached, violated or defaulted under any Material Contract or (ii) any other party
thereto intends to terminate such Material Contract.

          (c) Except otherwise listed in Section 3.9 (c) of the Disclosure Schedule,

7

 

no Group Company is a guarantor or indemnitor of any indebtedness of any other person, firm or
corporation that is not a Group Company.

          (d) No Group Company is under any obligation to register under the Securities Act or any
other applicable securities. No shareholder of any Group Company has entered into any group with
respect to the voting shares in the capital of any Group Company.

     3.10 Litigation. There is no action, suit, proceeding, claim, arbitration or
investigation (“Action”) pending (or, to the best knowledge of the Covenantors, currently
threatened) against any of the Group Companies, any Group Company’s activities, properties or
assets or, to the best knowledge of the Covenantors, against any officer, director or employee of
each Group Company in connection with such officer’s, director’s or employee’s relationship with,
or actions taken on behalf of the Group Company. There is no factual or legal basis for any such
Action that is likely to result, individually or in the aggregate, in any Material Adverse Effect
in the business, properties, assets, financial condition, affairs or prospects of any Group
Company. By way of example, but not by way of limitation, there are no Actions pending against any
of the Group Companies or, to the best knowledge of the Covenantors, threatened against any of the
Group Companies, relating to the use by any employee of any Group Company of any information,
technology or techniques allegedly proprietary to any of their former employers, clients or other
parties. None of the Group Companies is a party to or subject to the provisions of any order, writ,
injunction, judgment or decree of any court or government agency or instrumentality and there is no
Action by any Group Company currently pending or which it intends to initiate.

     3.11 Compliance with Laws; Consents and Permits.

          (a) None of the Group Companies has conducted any activity in material violation of any
applicable statute, rule, regulation, order or restriction of any domestic or foreign government or
any instrumentality or agency thereof in respect of the conduct of its business as now conducted
and as presently proposed to be conducted or the ownership of its properties. All consents,
permits, approvals, orders, authorizations or registrations, qualifications, designations,
declarations or filings by or with any governmental authority and any third party which are
required to be obtained or made by each Covenantor in connection with the consummation of the
transactions contemplated hereunder shall have been obtained or made prior to and be effective as
of the Closing.

          (b) Each Group Company has all material approvals, permits, licenses and any similar
authority necessary for the conduct of its business as currently conducted, the absence of which
would be reasonably likely to have a Material Adverse Effect. None of the Group Companies is in
default under any of such approvals, permits, licenses or other similar authority, nor is it in
receipt of any letter or notice from any relevant authority notifying revocation of any such
approvals, permits or licenses issued to it for non-compliance or the need for compliance or
remedial actions in respect of the activities carried out directly or indirectly by such Group
Company. In respect of approvals, licenses or permits requisite for the conduct of any part of the
business of the Domestic Enterprise or the PRC Subsidiary which are subject to periodic renewal,
none of the Covenantors has any reason to believe that such requisite renewals will not be granted
by the relevant PRC authorities. The Founders have obtained any and all necessary approvals and
authorizations from relevant governmental or regulatory authority and have fulfilled any and all
necessary registration requirements with relevant governmental or regulatory authority with
respect to their investments in the Company.

8

 

          (c) Except as set forth in Section 3.11(c) of the Disclosure Schedule, no event has
occurred and no circumstance exists that (i) may constitute or result in a violation by any Group
Company, or a failure on the part of any Group Company to comply with any applicable law, or (ii)
may give rise to any obligation on the part of any Group Company to undertake, or to bear all or
any portion of the cost of, any remedial action of any nature, except for such violations or
failures by a Group Company that, individually or in the aggregate, would not result in any
Material Adverse Effect.

          (d) No Group Company has received any written notice from any Governmental Authority regarding
(i) any actual, alleged or likely material violation of, or material failure to comply with, any
applicable law, or (ii) any actual, alleged or likely material obligation on the part of any Group
Company to undertake, or to bear all or any portion of the cost of, any remedial action of any
nature.

          (e) There are no Actions or claims against any Group Company alleging a violation of
applicable law regarding bribery, kickback or similar unlawful payments made to any public official
by the Company or any Group Company, or any facts or circumstances which could reasonably be
expected to give rise to such Action or claims. Additionally, no Group Company, nor any director,
officer or employee, or any other person authorized by a Group Company to act for or on behalf of
such Group Company, has established or maintained any fund or assets in which any Group Company
shall have proprietary rights that have not been recorded in the books and records of such Group
Company.

          (f) During the previous five (5) years, no Founder has been (i) subject to voluntary or
involuntary petition under any applicable bankruptcy laws or any applicable insolvency law or the
appointment of a manager, receiver, or similar officer by a court for his business or property;
(ii) convicted in a criminal proceeding or named as a subject of a pending criminal proceeding
(excluding traffic violations and other minor offences); (iii) subject to any order, judgment, or
decree (not subsequently reversed, suspended, or vacated) of any court of competent jurisdiction
permanently or temporarily enjoining him from engaging, or otherwise imposing limits or conditions
on his engagement in any securities, investment advisory, banking, insurance, or other type of
business or acting as an officer or director of a public company; or (iv) found by a court of
competent jurisdiction in a civil action or by any regulatory organization to have violated any
applicable securities, commodities or unfair trade practices law whatsoever, which such judgment or
finding has not been subsequently reversed, suspended, or vacated.

     3.12 Compliance with Other Instruments and Agreements. None of the Group Companies is
in, nor shall the conduct of its business as currently or proposed to be conducted result in,
violation, breach or default of any term of its constitutional documents of the respective Group
Company which may include, as applicable, memoranda and articles of association, by-laws, joint
venture contracts, feasibility studies for the PRC Subsidiary or the Domestic Enterprise and the
like (the “Constitutional Documents”), or of any term or provision of any mortgage, indenture,
contract, agreement or instrument to which the Group Company is a party or by which it may be
bound, (the “Group Company Contracts”) or of any provision of any judgment, decree, order, statute,
rule or regulation applicable to or binding upon the Group Company. None of the activities,
agreements, commitments or rights of any Group Company is ultra vires or unauthorized. The
execution, delivery and

9

 

performance of and compliance with this Agreement, the Restated Shareholders Agreement and other
Transaction Agreements and the consummation of the transactions contemplated hereby and thereby
will not result in any such violation, breach or default, or be in conflict with or constitute,
with or without the passage of time or the giving of notice or both, either a default under any
Group Company’s Constitutional Documents or any Group Company Contract, or, to the best knowledge
of each Group Company and each Founder, a violation of any statutes, laws, regulations or orders,
or an event which results in the creation of any lien, charge or encumbrance upon any asset of any
Group Company.

     3.13 Disclosure. Each Covenantor has fully provided the Investors with all the
information that the Investors have reasonably requested for deciding whether to purchase the
Purchased Shares and all information that each Group Company and the Founders believe is
reasonably necessary to enable the Investors to make such decision. No representation or warranty
by the Covenantors in this Agreement and no information or materials provided by the Covenantors
to the Investors in connection with the negotiation or execution of this Agreement or any
agreement contemplated hereby contains any untrue statement of a material fact, or omits to state
any material fact required to be stated therein or necessary in order to make the statements
therein, in light of the circumstances in which they are made, not misleading.

     3.14 Registration Rights. Except as provided in the Restated Shareholders Agreement,
the Shareholders Agreement dated June 7, 2007 and the Amended and Restated Shareholders Agreement
dated December 15th, 2007, both of which were superseded by the Restated Shareholders
Agreement, no Group Company has granted or agreed to grant any person or entity any registration
rights (including piggyback registration rights) with respect to, nor is the Company obliged to
list, any securities of a Group Company on any securities exchange. Except as contemplated under
this Agreement and the Restated Shareholders Agreement, there are no voting or similar agreements
which relate to any of the Group Companies’ securities.

     3.15 Insurance. Each of the Group Companies has obtained and maintained business
interruption and other insurance consistent with industry practice.

     3.16 Accounting. Each of the Group Companies maintains and will continue to maintain a
standard system of accounting established and administered in accordance with the relevant
accounting principle and will maintain a standard system of accounting established and administered
in conformity with PRC GAAP.

     3.17 Activities Since Balance Sheet Date. Except as specifically set forth in this
Agreement or in Section 3.17 of the Disclosure Schedule and with respect to the Closing,
since the Balance Sheet Date, with respect to each Group Company, other than the transactions as
contemplated in accordance with the Transaction Agreements, there has not been:

          (a) any event, occurrence, fact, condition, change, development or effect that, individually
or in the aggregate, has or could become or result in a Material Adverse Effect;

10

 

          (b) any change in the assets, liabilities, financial condition or operating results of the
Group Companies, except changes in the ordinary course of business that have not been, in the
aggregate, materially adverse;

          (c) any material change in the contingent obligations of the Group Companies by way of
guarantee, endorsement, indemnity, warranty or otherwise;

          (d) any damage, destruction or loss, whether or not covered by insurance, having Material
Adverse Effects (as presently conducted and as presently proposed to be conducted);

          (e) any waiver by any Group Company of a valuable right or of a material debt;

          (f) any satisfaction or discharge of any lien, claim or encumbrance or payment of any
obligation by any Group Company, except such satisfaction, discharge or payment made in the
ordinary course of business that is not material to the assets, properties, financial condition,
operating results or business of such Group Company;

          (g) any material change or amendment to a material contract or arrangement by which any Group
Company or any of its assets or properties is bound or subject, except for changes or amendments
which are expressly provided for or disclosed in this Agreement;

          (h) any material change in any compensation arrangement or agreement with any present or
prospective employee, contractor or director not approved by any Group Company’s board of
directors or comparable governing body;

          (i) any sale, assignment or transfer of any Proprietary Assets or other material intangible
assets of any Group Company;

          (j) any resignation or termination of any key officer or employee of any Group Company;

          (k) any mortgage, pledge, transfer of a security interest in, or lien created by any
Covenantor, with respect to any of its material properties or assets, except liens for taxes not
yet due or payable;

          (l) any debt, obligation, or liability incurred, assumed or guaranteed by any Group Company
individually in excess of US$25,000;

          (m) any declaration, setting aside or payment or other distribution in respect of any Group
Company’s registered capital, or any direct or indirect redemption, purchase or other acquisition
of any of such registered capital by any Group Company;

          (n) any failure to conduct business in the ordinary course, consistent with the Group
Company’s reasonably prudent past practices;

          (o) receipt of notice that there has been a loss of, or material order cancellation by, any
major customer of any Group Company;

11

 

          (p) to the Company’s knowledge, any other event or condition of any character, other than
events affecting the economy or any Group Company’s industry generally, that could reasonably be
expected to result in a Material Adverse Effect; or

          (q) any agreement or commitment by any Group Company to do any of the things described in
this Section 3.17.

     3.18 Tax Matters.

          (a) There have been no examinations or audits of any tax returns or reports by any applicable
governmental agency. Each Group Company has duly filed all tax returns required to have been filed
by it and paid all taxes shown to be due on such returns. None of the Group Companies is subject to
any waivers of applicable statutes of limitations with respect to taxes for any year. Each Group
Company has duly withheld individual income taxes and adequately paid mandatory contributions to
the statutory welfare or social security funds on behalf of all its employees in material
compliance with the applicable regulations in each respective jurisdiction such that there shall be
no material default or underpayment in respect of individual income taxes and mandatory
contributions to the statutory social security funds. Since its formation, none of the Group
Companies has incurred any taxes, assessments or governmental charges other than in its ordinary
course of business and each Group Company has made adequate provisions on its books of account for
all taxes, assessments and governmental charges with respect to its business, properties and
operations for such period.

          (b) No Group Company is, or will be immediately after Closing, a “Controlled Foreign
Corporation” (“CFC”) as defined in the Internal Revenue Code of 1986, as amended (or any successor
thereto) (the “Code”) with respect to the shares held by Investor. No Group Company is, or will be
immediately after Closing, a “passive foreign investment company” within the meaning of Section
1297 of the Code. Each Group Company shall take such actions, including making an election to be
treated as a corporation or refraining from making an election to be treated as a partnership, as
may be required to ensure that at all times, each Group Company is treated as a corporation for
United States federal income tax purposes. In the event that a Investor’s interest in any Group
Company is determined by counsel or accountants for such Investor to be subject to the reporting
requirements of either or both of Sections 6038 and 6038B, each Group Company agrees, upon a
request from such Investor, to provide such information to such Investor as may be necessary to
fulfill such Investor’s obligations thereunder.

     3.19 Interested Party Transactions.

12

 

          (a) No Founder or officer or director of a Group Company or any Affiliate or Associate of any
such person has any agreement, understanding, proposed transaction with, or is indebted to, any
Group Company, nor is any Group Company indebted (or committed to make loans or extend or guarantee
credit) to any of them (other than for accrued salaries, reimbursable expenses or other standard
employee benefits). No Founder has any direct or indirect ownership interest in any firm or
corporation with which any of the Group Company is affiliated or with which any Group Company has a
business relationship, or any firm or corporation that competes with any Group Company, except that
any such Founder may have record ownership interest in the Company or own shares in publicly traded
companies that may compete with the Group Companies.

          (b) No shareholder or officer or director of a Group Company or any Affiliate or Associate of
any such person has had, either directly or indirectly, a material interest in: (a) any person or
entity which purchases from or sells, licenses or furnishes to the a Group Company any goods,
property, intellectual or other property rights or services; or (b) any contract or agreement to
which a Group Company is a party or by which it may be bound or affected. For purpose of this
Agreement, an “Affiliate” shall mean (a) in relation to any individual, such individual’s spouse,
parents, children, siblings, mother-in-law and father-in-law and brothers- and sisters-in-law or
any entity controlled by the individual (and in the case of the Founders, whether by himself or
together with other Founders), where “control” shall mean the power to direct the management and
policies or appoint or remove members of the board of directors or any governing body of the
entity, directly or indirectly, whether through the ownership of voting securities, contract or
otherwise, and “controlled” shall be construed accordingly; (b) in relation to any legal person, a
company which is for the time being a holding company of such legal person, or a Subsidiary of
such legal person or of such holding company, and an “Associate” shall mean with respect to any
person, (1) a corporation or organization (other than the Group Companies) of which such person is
an officer or partner or is, directly or indirectly, the beneficial owner of 10 percent or more of
any class of equity securities, (2) any trust or other estate in which such person has a
substantial beneficial interest or as to which such person serves as trustee or in a similar
capacity, or (3) any relative or spouse of such person, or any relative of such spouse, who has
the same home as such person.

     3.20 Employee Matters. Except as disclosed in Section 3.20 of the Disclosure
Schedule, each Group Company has complied in all material aspects with all applicable
employment and labor laws including without limitation, laws and regulations pertaining to welfare
funds, social benefits, medical benefits, insurance, retirement benefits, pensions or the like.
None of the Group Companies is aware that any officer or key employee intends to terminate their
employment, nor does any Group Company have a present intention to terminate the employment of any
officer or key employee. To the best knowledge of the Covenantors, none of the Group Companies’
employees or consultants is obligated under any contract (including licenses, covenants or
commitments of any nature) or other agreement, or subject to any judgment, decree or order of any
court or administrative agency, that would interfere with the use of his or her best efforts to
promote the interests of the Group Companies or that would conflict with the business of the Group
Companies as proposed to be conducted. Each Key Employee (as defined below) has executed an
agreement with such Group Company regarding confidentiality and proprietary information (the
“Confidential Information Agreements”). No Key Employee has excluded works or inventions from his

13

 

or her assignment of inventions pursuant to such Key Employee’s Confidential Information
Agreement. The Company is not aware that any of its Key Employees is in violation thereof

     3.21 Minute Books. The internal records of each Group Company contain a complete
summary of all material meetings and actions taken by directors and equity interest holders of
such Group Company since its time of formation, and reflect all transactions referred to in such
minutes accurately in all material respects.

     3.22 Government Filings.

          (a) All filings and registrations with the PRC authorities required in respect of the
Domestic Enterprise and the PRC Subsidiary and their respective operations, including but not
limited to the registrations with the State Administration of Industry and Commerce, the State
Administration of Foreign Exchange, the Ministry of Information Industry, tax bureau, customs
authorities, product registration authorities, and labor authorities have been duly completed in
accordance with the relevant rules and regulations.

          (b) The registered capital of the Domestic Enterprise and the PRC Subsidiary has been fully
paid up in accordance with the schedule of payment stipulated in its respective articles of
association, approval document, certificate of approval and legal person business license
(hereinafter referred to as the “Establishment Documents”) and in compliance with applicable PRC
laws and regulations, and there is no outstanding capital contribution commitment.

          (c) The Establishment Document of the Domestic Enterprise and the PRC Subsidiary have been
duly approved in accordance with the laws of the PRC and are valid and enforceable. The business
scope specified in the Establishment Documents of the Domestic Enterprise and the PRC Subsidiary
complies with the requirements of all applicable PRC laws. The operation and conduct of the
business by and the term of operation of the Domestic Enterprise and the PRC Subsidiary in
accordance with the Establishment Documents is in compliance with the applicable PRC laws.

          (d) Each of the Domestic Enterprise and the PRC Subsidiary has passed its annual inspection
by the relevant governmental authorities for its operation in the last three years (where
applicable), and the relevant administration for industry and commerce has affixed an annual
inspection chop on its business license.

          (e) The Disclosure Schedule sets out full and accurate details of all loan agreements entered
into between any one Group Company regarding any inter-company loan, shareholders loan or foreign
exchange loan obtained by them. Such loan agreements have been duly registered in accordance with
the laws of the PRC (where necessary) and all such registrations are validly subsisting under the
laws of the PRC.

4. REPRESENTATIONS AND WARRANTIES OF THE INVESTORS

     Each Investor severally, but not jointly, hereby represents and warrants to the Company in
respect of itself, as of the date hereof and the Closing hereunder, as follows:

14

 

     4.1 Authorization. Each Investor has all requisite power, authority and capacity to
enter into this Agreement, and to perform its obligations under this Agreement. This Agreement has
been duly authorized, executed and delivered by such Investor. This Agreement, when executed and
delivered by such Investor, will constitute valid and legally binding obligations of such Investor,
subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, moratorium,
reorganization and similar laws affecting creditors’ rights generally and to general equitable
principles.

     4.2 Purchase for Own Account. The Series C Shares and the Conversion Shares will be
acquired by such Investor for its own account, not as a nominee or agent, and not with a view to or
in connection with the sale or distribution of any part thereof.

     4.3 Exempt from Registration; Restricted Securities. Each Investor understands that
the Purchased Shares and the Conversion Shares will not, when issued, be registered under the
Securities Act or registered or listed publicly pursuant to any other applicable securities laws
and regulations, on the ground that the sale provided for in this Agreement is exempt from
registration under the Securities Act or the registration or listing requirements of any other
applicable securities laws and regulations, and that the reliance of the Company on such exemption
is predicated in part on such Investor’s representations set forth in this Agreement. Each Investor
understands that the Purchased Shares and the Conversion Shares are restricted securities within
the meaning of Rule 144 under the Securities Act and that the Purchased Shares and the Conversion
Shares are not registered or listed publicly and must be held indefinitely unless they are
subsequently registered or listed publicly or an exemption from such registration or listing is
available.

     4.4 Disclosure of Information. The Investor has had an opportunity to discuss the
Company’s business, management, financial affairs and the terms and conditions of the offering of
the Purchased Shares with the Company’s management and has had an opportunity to review the
Company’s facilities. The foregoing, however, does not limit or modify the representations and
warranties of the Company in Section 3 of this Agreement or the right of the Investors to
rely thereon.

5. COVENANTS OF THE GROUP COMPANIES AND THE FOUNDERS

     Each of the Covenantors jointly and severally covenants to each of the Investors as follows:

     5.1 Use of Proceeds from Capital Contribution by the Investors. The proceeds from the
issuance of the Purchased Shares hereunder shall be used to meet the Company’s business expansion,
capital expenditures and general working capital needs.

     5.2 Employment Agreement, Confidentiality, Non-compete and Non-solicitation and Invention
Assignment Agreements. The key employees of the Group Companies identified in Exhibit E
hereto (the “Key Employees”) shall enter into an employment agreement, a confidentiality and
invention assignment agreement and a non-compete and non-solicitation agreement with a Group
Company in such form and substance as approved by the board of directors of the Company (the
“Board”), including the affirmative votes of the Series C Director (as defined in the Shareholders
Agreement).

     5.3 Compliance.

15

 

          (a) Each of the Founders shall, at his expense, fully comply, and shall cause other persons
that acquires any securities of the Company in the future, if applicable, to fully comply, with
all requirements under the applicable PRC laws and regulations with respect to their direct or
indirect holding of the Common Shares or other securities in the Company, on a continuing basis,
including, but not limited to receiving all approval, consents and permits from and fulfilling the
reporting requirements with the SAFE or its competent local branch, in a timely manner, as
required under Circular 75.

          (b) Each Group Company shall obtain and maintain in full force and effect on a continuing
basis all approvals, registrations, permits, licenses and any similar authority necessary for the
conduct of its business as currently conducted, the absence of which would have a Material Adverse
Effect.

     5.4 Notice of Breach. The Covenantors undertake to promptly give notice to the
Investors if the Covenantors becomes aware after the Closing that any one of them was in breach of
any representation or warranty at the time made or at the Closing.

     5.5 Conversion. The Company covenants to at all times reserve sufficient Common
Shares or, if the reservation is insufficient, to take all actions necessary to authorize such
additional Common Shares, for issuance upon conversion of all Series C Shares.

     5.6 Fulfillment of Closing Conditions. Each Covenantor shall use its best efforts to
fulfill all closing conditions contained in Section 7 of this Agreement.

     5.7 Stock Option Plan.

          (a) Before the Closing, the Company shall adopt its Amended 2007 Global Share Plan (the
“ESOP”) and reserve options to purchase up to an additional 5,238,971 Common Shares thereunder, so
that the total number of options reserved under the ESOP shall be 26,415,442.

          (b) Without the approval of the directors of the Company appointed by holders of the Series A
Shares, Series B Shares and Series C Shares in accordance with the Restated Shareholders Agreement
and the Restated Articles, the Company shall not, directly or indirectly, (i) issue any Common
Shares, share options or other forms of equity of the Company to employees, directors or
consultants except the additional options to purchase up to 5,238,971 Common Shares reserved
pursuant to Section 5.7(a), or (ii) amend any terms or conditions of the ESOP or any award
agreement between the Company and any employees,
directors or consultants regarding grant of any options under the ESOP.

     5.8 Assignment of Certain Business Contracts. The PRC Subsidiary shall not be engaged
in any value-added telecommunication business or other industries or services in which a wholly
foreign owned enterprise is not legally permitted or authorized to be engaged under the applicable
PRC laws, and, to the extent applicable, all contracts and agreements entered into by the PRC
Subsidiary and any other person that are related to any value-added telecommunication business
shall be terminated or amended to the satisfaction of the Investors.

     5.9 Board of Directors. The Board shall have been re-constituted in accordance with
the Restated Articles and the Restated Shareholders Agreement on or prior to the

16

 

Closing, and, as soon as practicable and no later than the thirtieth (30th) day after
the Closing Date, the board of directors of each of the PRC Subsidiary and the Domestic Enterprise
shall be established or re-constituted in accordance with Section 1.3 of the Shareholders
Agreement and duly filed with the relevant registration authority of the PRC.

6. CONDITIONS TO THE OBLIGATIONS OF THE COMPANY AT THE CLOSING

     The obligations of the Company under this Agreement are subject to the fulfillment, to the
satisfaction of the Company on or prior to the Closing (unless otherwise specified), or waiver by
the Company of the following conditions:

     6.1 Representations and Warranties True and Correct. The representations and
warranties made by the Investors in Section 4 hereof shall be true and correct and
complete when made, and shall be true and correct and complete as of the Closing Date with the
same force and effect as if they had been made on and as of such date, subject to changes
contemplated by this Agreement.

     6.2 Execution of the Restated Shareholders Agreement. The Investors shall have
executed and delivered to the Company the Second Amended and Restated Shareholders Agreement,
substantially in the form attached hereto as Exhibit F (the “Restated Shareholders
Agreement”) and the Restated Voting Agreement, substantially in the form attached hereto as
Exhibit G (the “Restated Voting Agreement”).

7. CONDITIONS TO INVESTORS’ OBLIGATIONS AT THE CLOSING

     The obligations of each Investor under this Agreement at the Closing are subject to the
fulfillment, to its respective satisfaction, at or before the Closing, or waiver by such Investor,
of the conditions as set forth below.

     7.1 Representations and Warranties True and Correct. The representations and
warranties of each of the Covenantors contained in Section 3 shall be true and correct and
complete when made, and shall be true and correct and complete as of the Closing Date with the same
force and effect as if they had been made on and as of such date, subject to changes contemplated
by this Agreement.

     7.2 Performance of Obligations. Each of the Covenantors shall have performed and
complied with all covenants, agreements, obligations and conditions contained in the Transaction
Agreements that are required to be performed, accomplished or complied with by it on or before the
Closing.

     7.3 Proceedings and Documents. All corporate and other proceedings in connection with
the transactions contemplated hereby and all documents and instruments incident to such
transactions to be passed, executed and/or delivered by the Covenantors shall be satisfactory in
substance and form to the Investors, and the Investors shall have received all such counterpart
originals or certified or other copies of such documents as it may reasonably request. The Group
Companies shall have performed and complied with all covenants, agreements, obligations and
conditions contained in the Transaction Agreements that are required to be performed or complied
with by such Group Companies on or before the Closing.

17

 

     7.4 Consents and Waivers. The Covenantors shall have obtained any and all consents
and waivers necessary for consummation of the transactions contemplated by the Transaction
Agreements, including, but not limited to, (i) all permits, authorizations, approvals, consents
or permits of any governmental authority or regulatory body, and (ii) the waiver by the existing
shareholders of the Company of any anti-dilution rights, rights of first refusal, pre-emptive
rights, consent rights and all similar rights that may exist in connection with the issuance of
the Series C Shares.

     7.5 Securities Exemptions. The allotment and the issuance of the Series C Shares to
the Investors pursuant to this Agreement and the issuance of the Conversion Shares shall be
exempt from the registration and/or qualification requirements of all applicable securities laws.

     7.6 Amendment to Constitutional Documents. The Restated Articles shall have been
duly adopted by the Company by all necessary corporate action of its shareholders.

     7.7 Board of Directors. The Board shall have been re-constituted in accordance with
the Restated Articles and the Restated Shareholders Agreement and an updated register of
directors, certified by a director of the Company as true and complete as of the date of the
Closing, updated to reflect the re-constitution of the Board as above shall have been provided to
the Investors.

     7.8 Restated Voting Agreement and Restated Shareholders Agreement. The Group
Companies and the Founders, as applicable, shall have executed and delivered the Restated Voting
Agreement and the Restated Shareholders Agreement.

     7.9 Employment Agreement. Each Key Employee of each Group Company identified in
Exhibit E shall have entered into an Employment Agreement with a Group Company in such
form and substance satisfactory to the Investors.

     7.10 Confidentiality and Invention Assignment Agreement; Non-compete and Non-solicitation
Agreement. Each Key Employee of the Group Companies identified in
Exhibit E shall have
entered into a Confidentiality and Invention Assignment Agreement and a Non-compete and
Non-solicitation Agreement with a Group Company in such form and substance satisfactory to the
Investors.

     7.11 No Material Adverse Effect. No event, circumstance or change shall have
occurred that, individually or in the aggregate with one or more other events, circumstances or
changes, have had or reasonably could be expected to have a Material Adverse Effect on any Group
Company or any subsidiary or Affiliate of any Group Company since the date of this Agreement.

8. INDEMNITY.

     8.1 The Founders, the Founders’ Holdco and the Domestic Enterprise (each, an “Indemnitor”)
shall jointly and severally, indemnify the Investors for any losses, liabilities, damages, liens,
penalties, costs and expenses, including reasonable advisor’s fees and other reasonable expenses of
investigation and defense of any of the foregoing (but excluding any consequential, speculative or
punitive damages), incurred by Investors as a result of any breach

18

 

or violation of any representation or warranty made by any Indemnitor, or any breach by any
Indemnitor of any covenant or agreement contained herein or in any of the other Transaction
Agreements (an “Indemnifiable Loss”). If an Investor believes that it has a claim that may give
rise to an indemnity obligation hereunder, it shall give prompt notice thereof to the Company
stating specifically the basis on which such claim is being made, the material facts related
thereto, and the amount of the claim asserted; provided that in any event any such notice
with respect to the breach of any covenant shall be given on a timely basis.

     8.2 Notwithstanding the foregoing, the Domestic Enterprise, the Founders’ HoldCo and the
Founders shall, jointly and severally, indemnify and keep indemnified the Investors at all times
and hold them harmless against any claim for tax which has been made or may hereafter be made
against any Group Company wholly or partly in respect of or in consequence of any event occurring
or any income, profits or gains earned, accrued or received by any Group Company on or before the
Closing and any reasonable costs, fees or expenses incurred and other liabilities which any Group
Company may properly incur in connection with the investigation, assessment or the contesting of
any claim, the settlement of any claim for tax, any legal proceedings in which the Domestic
Enterprise claims in respect of the claim for tax and in which an arbitration award or judgment is
given for the Group Company and the enforcement of any such arbitration award or judgment whether
or not such tax is chargeable against or attributable to any other person. The statute of
limitation for any indemnity obligation relating to claims for tax matters arising under this
Section 8.2 shall be the applicable statue of limitations for tax claims.

     8.3 In the event that the Investors suffer an Indemnifiable Loss and the Founders, the
Founders’ HoldCo and/or the Domestic Enterprise are unable to fulfill their obligations to
indemnify the Investors for the full amount of such Indemnifiable Loss within ninety (90) days of
receipt of written notice thereof from the Investors, then, upon claim of the Investors suffering
an Indemnifiable Loss, the Company shall indemnify such Investors for the full amount of such
Indemnifiable Loss as though an Indemnitor. Any indemnification provided by the Company pursuant to
this Section 8.3 shall not prejudice or otherwise affect the right of the Investors to seek
indemnification from the Founders, the Founders’ HoldCo and the Domestic Enterprise;
provided, however, that to the extent the Investors are able to recover any
Indemnifiable Loss from the Founders, the Founders’ HoldCo and/or the Domestic Enterprise, the
Company shall not be obligated to indemnify the Investors with respect to such amount.

     8.4 Notwithstanding the foregoing, the maximum amount of the indemnity obligation of the
Indemnitors under this Section 8 shall be limited to the aggregate subscription price paid by the
Investors.

9. MISCELLANEOUS

     9.1 Governing Law. Except with respect to the references in this Agreement to the
Securities Act, this Agreement shall be governed by and construed exclusively in accordance with
the internal laws of the State of California without giving effect to any choice of law rule that
would cause the application of the laws of any jurisdiction other than the internal laws of the
State of California to the rights and duties of the parties hereunder.

     9.2 Successors and Assigns. Except as otherwise expressly provided herein, the
provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns,

19

 

heirs, executors and administrators of the parties hereto whose rights or obligations hereunder are
affected by such amendments. This Agreement and the rights and obligations herein may be assigned
by an Investor to its Affiliate without the written consent of any other parties hereto. This
Agreement and the rights and obligations herein may not be assigned by any of the Covenantors
without the written consent of the Investors.

     9.3 Entire Agreement. This Agreement and any other Transaction Agreement and the
schedules and exhibits hereto and thereto, which are hereby expressly incorporated herein by this
reference constitute the entire understanding and agreement between the parties with regard to the
subjects hereof and thereof; provided, however, that nothing in this Agreement or
related agreements shall be deemed to terminate or supersede the provisions of any confidentiality
and nondisclosure agreements executed by the parties hereto prior to the date hereof, which
agreements shall continue in full force and effect until terminated in accordance with their
respective terms.

     9.4 Notices. Except as may be otherwise provided herein, all notices, requests,
waivers and other communications made pursuant to this Agreement shall be in writing and shall be
conclusively deemed to have been duly given (a) when hand delivered to the other party, upon
delivery; (b) when sent by facsimile at the number set forth in Exhibit H hereto, upon
receipt of confirmation of error-free transmission; (c) seven (7) business days after deposit in
the mail as air mail or certified mail, receipt requested, postage prepaid and addressed to the
other party as set forth in Exhibit H; or (d) three (3) business days after deposit with an
overnight delivery service, postage prepaid, addressed to the parties as set forth in Exhibit
H with next business day delivery guaranteed, provided that the sending party receives
a confirmation of delivery from the delivery service provider.

     Each person making a communication hereunder by facsimile shall promptly confirm by telephone
to the person to whom such communication was addressed each communication made by it by facsimile
pursuant hereto but the absence of such confirmation shall not affect the validity of any such
communication. A party may change or supplement the addresses given above, or designate additional
addresses, for purposes of this Section 9.4 by giving, the other party written notice of
the new address in the manner set forth above.

     9.5 Amendments and Waivers. Any term of this Agreement may be amended only with the
written consent of all parties hereto. Any amendment or waiver effected in accordance with this
Section 9.5 shall be binding upon all of the parties hereto, and their respective assigns.

     9.6 Delays or Omissions. No delay or omission to exercise any right, power or remedy
accruing to any party hereto, upon any breach or default of any other party hereto under this
Agreement, shall impair any such right, power or remedy of such former party nor shall it be
construed to be a waiver of any such breach or default, or an acquiescence therein, or of any
similar breach of default thereafter occurring. Any waiver, permit, consent or approval of any kind
or character on the part of any party hereto of any breach of default under this Agreement or any
waiver on the part of any party hereto of any provisions or conditions of this Agreement, must be
in writing and shall be effective only to the extent specifically set forth in such writing. All
remedies, either under this Agreement, or by law or otherwise afforded to the parties hereto shall
be cumulative and not alternative.

20

 

     9.7 Interpretation; Titles and Subtitles. This Agreement shall be construed according
to its fair language. The rule of construction to the effect that ambiguities are to be resolved
against the drafting party shall not be employed in interpreting this Agreement. The titles of the
sections and subsections of this Agreement are for convenience of reference only and are not to be
considered in construing this Agreement. Unless otherwise expressly provided herein, all references
to Sections and Exhibits herein are to Sections and Exhibits of this Agreement.

     9.8 Counterparts; Facsimile. This Agreement may be executed by facsimile signature
and in any number of counterparts, each of which shall be an original, but all of which together
shall constitute one instrument.

     9.9 Severability. If any provision of this Agreement is found to be invalid or
unenforceable, then such provision shall be construed, to the extent feasible, so as to render the
provision enforceable and to provide for the consummation of the transactions contemplated hereby
on substantially the same terms as originally set forth herein, and if no feasible interpretation
would save such provision, it shall be severed from the remainder of this Agreement, which shall
remain in full force and effect unless the severed provision is essential to the rights or
benefits intended by the parties. In such event, the parties shall use best efforts to negotiate,
in good faith, a substitute, valid and enforceable provision or agreement which most nearly
effects the parties’ intent in entering into this Agreement.

     9.10 Further Assurances. Each party shall from time to time and at all times
hereafter make, do, execute, or cause or procure to be made, done and executed such further acts,
deeds, conveyances, consents and assurances without further consideration, which may reasonably be
required to effect the transactions contemplated by this Agreement.

     9.11 Dispute Resolution.

          (a) Negotiation Between Parties. The parties agree to negotiate in good faith to
resolve any dispute between them regarding this Agreement. If the negotiations do not resolve the
dispute to the reasonable satisfaction of all parties within thirty (30) days, subsection (b) below
shall apply.

          (b) Arbitration. In the event the parties are unable to settle a dispute between them
regarding this Agreement in accordance with subsection (a) above, such dispute shall he referred to
and finally settled by arbitration at the Hong Kong International Arbitration Centre under the
Rules of Conciliation and Arbitration of the International Chamber of Commerce at the arbitral
situs of Hong Kong (the “ICC Rules”) in effect, which rules are deemed to be incorporated by
reference into this subsection (b) The arbitration tribunal shall consist of three (3) arbitrators
to be appointed according to the ICC Rules. The language of the arbitration shall be English. The
parties understand and agree that this provision regarding arbitration shall not prevent any party
from pursuing preliminary equitable or injunctive relief in a judicial forum pending arbitration in
order to compel another party to comply with this provision, to preserve the status quo prior to
the invocation of arbitration under this provision, or to prevent or halt actions that may result
in irreparable harm. A request for such equitable or injunctive relief shall not waive this
arbitration provision. The arbitrators shall decide any dispute submitted by the parties to the
arbitration strictly in accordance with the substantive law of the State of California and shall
not apply any other substantive law. Each party hereto shall cooperate with the other in making
full

21

 

disclosure of and providing complete access to all information and documents requested by the other
in connection with such arbitration proceedings, subject only to any confidentiality obligations
binding on such party. The award of the arbitration tribunal shall be final and binding upon the
disputing parties, and either party may apply to a court of competent jurisdiction for enforcement
of such award.

     9.12 Confidentiality.

          (a) Disclosure of Terms. The terms and conditions of the Transaction Agreements, any
term sheet or memorandum of understanding entered into pursuant to the transactions contemplated
hereby, all exhibits and schedules attached hereto and thereto, and the transactions contemplated
hereby and thereby (collectively, the “Transaction Terms”), including their existence, shall be
considered confidential information and shall not be disclosed by any party hereto to any third
party except as permitted in accordance with the provisions set forth below.

          (b) Permitted Disclosures. Notwithstanding the foregoing, the Company may disclose (i)
the existence of the investment to its bona fide prospective investors, employees, bankers,
lenders, accountants, legal counsels and business partners, or to any person or entity to which
disclosure is approved in writing by the Investors, such approval not to be unreasonably withheld;
and (ii) the Transaction Terms to its current shareholders, employees, bankers, lenders,
accountants and legal counsels, in each case only where such persons or entities are under
appropriate nondisclosure obligations substantially similar to those set forth in this Section
9.12, or to any person or entity to which disclosure is approved in writing by the Investors,
which such approval is not to be unreasonably withheld. The Investors may disclose (i) the
existence of the investment and the Transaction Terms to any Affiliate, partner, limited partner,
former partner, potential partner or potential limited partner of the Investors or other third
parties and (ii) the fact of the investment to the public, in each case as it deems appropriate in
its sole discretion. Any Party hereto may also provide disclosure in order to comply with
applicable laws, as set forth in Subsection (c) below.

          (c) Legally Compelled Disclosure. In the event that any Party is requested or becomes
legally compelled (including without limitation, pursuant to any applicable tax, securities, or
other laws and regulations of any jurisdiction) to disclose the existence of this Agreement or
content of any of the Transaction Terms, such party (the “Disclosing Party”) shall provide the
other parties with prompt written notice of that fact and shall consult with the other parties
regarding such disclosure. At the request of another party, the Disclosing Party shall, to the
extent reasonably possible and with the cooperation and reasonable efforts of the other parties,
seek a protective order, confidential treatment or other appropriate remedy. In any event, the
Disclosing Party shall furnish only that portion of the information that is legally required and
shall exercise reasonable efforts to obtain reliable assurance that confidential treatment will be
accorded such information.

          (d) Other Exceptions. Notwithstanding any other provision of this Section
9.12, the confidentiality obligations of the parties shall not apply to: (i) information which
a restricted party learns from a third party having the right to make the disclosure, provided the
restricted party complies with any restrictions imposed by the third party; (ii) information which
is rightfully in the restricted party’s possession prior to the time of disclosure by the protected
party and not acquired by the restricted party under a confidentiality obligation; or

22

 

(iii) information which enters the public domain without breach of confidentiality by the
restricted party.

          (e) Press Releases, Etc. No announcements regarding the Investors’ investment in the
Company may be made by any party hereto in any press conference, professional or trade
publication, marketing materials or otherwise to the public without the prior written consent of
the Investors and the Company, provided, that any such announcement made by any partner,
limited partner, bona fide potential partner or bona fide potential limited partner of the
Investors shall not be subject to the consent of the Company.

          (f) Other Information. The provisions of this Section 9.12 shall terminate
and supersede the provisions of any separate nondisclosure agreement executed by any of the
Parties with respect to the transactions contemplated hereby.

     9.13 No Finder’s Fees.

     Each the Group Company and the Founders represents that it neither is nor will be obligated
for any finder’s fee or commission in connection with this transaction and agrees to indemnify and
hold harmless each Investor from any liability for any commission or compensation in the nature of
a finder’s or broker’s fee arising out of this transaction (and the costs and expenses of defending
against such liability or asserted liability) for which the Group Company or any of its officers,
employees or representatives is responsible.

     9.14 Attorney’s Fees.

     If any action at law or in equity (including arbitration) is necessary to enforce or
interpret the terms of any of the Transaction Agreements, the prevailing party shall be entitled
to reasonable attorney’s fees, costs and necessary disbursements in addition to any other relief
to which such party may be entitled.

     9.15 Effectiveness.

     Notwithstanding any of the provisions in this Agreement, this Agreement shall not be effective
for either GSR Ventures II, L.P. or GSR Associates II, L.P. (together, “GSR”) until the signature
pages of GSR are accompanied by a seal or chop of GSR.

[Signature pages to follow]

23

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	THE COMPANY:	 	 
	 
	 	 	 	 	 	 
	 	 	NETQIN MOBILE INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Lin Yu
 

Lin Yu
	 	 
	 

	 	Title:
	 	Chairman and Chief Executive Officer	 	 

SIGNATURE PAGE TO NETQIN MOBILE SERIES C SHARE PURCHASE AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures L.L.P	 	 
	 

	 	By:
	 	Ceyuan Ventures Management, L.L.C	 	 
	 

	 	Its: 		General Partner	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	/s/ Feng Bo  
	 	 
	 
	 	Name: 	 	Feng Bo	 	 
	 
	 	Title: 	 	Executive Managing Director	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	Ceyuan Ventures
Advisors Fund, L.L.C	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Feng Bo  
	 	 
	 
	 	Name: 	 	Feng Bo	 	 
	 
	 	Title: 	 	Executive Managing Director	 	 
	 

	 	 	 	 	 	 

SIGNATURE PAGE TO NETQIN MOBILE SERIES C SHARE PURCHASE AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Ventures II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.
Its General Partner
	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	

/s/
James Ding 
	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Authorized Signatory	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 
	 
	 	 	 	 	 	 
	 	 	GSR Associates II, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, L.P.	 	 
	 

	 	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	GSR Partners II, Ltd.
Its General Partner
	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	

/s/
James Ding 
	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Authorized Signatory	 	 
	 
	 	 	 	 	 	 
	 	 	Address:	 	 
	 	 	101 University Ave., 4F	 	 
	 	 	Palo Alto, CA 94301, USA	 	 
	 	 	Attn: James Ding	 	 

SIGNATURE PAGE TO NETQIN MOBILE SERIES C SHARE PURCHASE AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SMOOTH FLOW LIMITED	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jun Zhang	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	Jun Zhang 	 	 
	 

	 	 	 	 	 	 

SIGNATURE PAGE TO NETQIN MOBILE SERIES C SHARE PURCHASE AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	FOUNDERS HOLDCO:	 	 
	 
	 	 	 	 	 	 
	 	 	RPL HOLDINGS LIMITED	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Yu Lin	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Yu Lin	 	 
	 

	 	Title:
	 	Director	 	 

SIGNATURE PAGE TO NETQIN MOBILE SERIES C SHARE PURCHASE AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 
	 	DOMESTIC ENTERPRISE:
 

BEIJING NETQIN TECHNOLOGY CO., LTD. (seal)

 
 	 
	 	By:  	/s/ Yu Lin 	 
	 	Name: 	Yu Lin	 
	 	Title: 	Legal Representative	 
	 
	 	 	 	 	 
	 	PRC SUBSIDIARY:
 

NetQin Mobile (Beijing) Technology Co., Ltd (seal)

 
 
 	 
	 	By:  	/s/
Yu Lin
 	 	 
	 	Name: 	Yu Lin	 
	 	Title: 	Legal Representative	 
	 

SIGNATURE
PAGE TO NETQIN MOBILE SERIES C SHARE PURCHASE AGREEMENT

 

 

     IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written.

	 	 	 	 	 	 	 

	 	 	FOUNDERS:	 	 
	 
	 
	 	/s/ Yu Lin	 	 
	 	 	 	 	 
	 	 	Yu Lin ()	 	 
	 
	 
	 	/s/ Wenyong Shi	 	 
	 	 	 	 	 
	 	 	Wenyong Shi ()	 	 
	 
	 
	 	/s/ Xu Zhou	 	 
	 	 	 	 	 
	 	 	Xu Zhou ()	 	 

SIGNATURE
PAGE TO NETQIN MOBILE SERIES C SHARE PURCHASE AGREEMENT

 

 

LIST OF EXHIBITS

	 	 	 

	Exhibit A

	 	Schedule of Investors
	 
	 	 
	Exhibit B

	 	Schedule of Founders
	 
	 	 
	Exhibit C

	 	Form of Restated Articles
	 
	 	 
	Exhibit D

	 	Disclosure Schedule
	 
	 	 
	Exhibit E

	 	List of Key Employees
	 
	 	 
	Exhibit F

	 	Form of Restated Shareholders Agreement
	 
	 	 
	Exhibit G

	 	Form of Restated Voting Agreement
	 
	 	 
	Exhibit H

	 	Notices

 

 

EXHIBIT A 

Schedule of Investors

	 	 	 	 	 	 	 	 	 
	Investors	 	Number of Purchased Shares	 	Aggregate Subscription
Price (US$)
	Smooth Flow Limited
	 	 	17,463,235	 	 	US$	10,000,000	 
	Ceyuan Ventures I, L.P.
	 	 	5,013,695	 	 	US$	2,871,000	 
	Ceyuan Ventures Advisors
Fund, LLC
	 	 	225,276	 	 	US$	129,000	 
	GSR Ventures II, L.P.
	 	 	6,589,900	 	 	US$	3,773,584.91	 
	GSR Associates II, L.P.
	 	 	395,394	 	 	US$	226,415.09	 
	Total
	 	 	29,687,500	 	 	US$	17,000,000	 

 

 

EXHIBIT B 

Schedule of Founders

Founder

LIN YU
()

with the PRC ID Number of 352124197612060013

SHI
WENYONG ()

with the PRC ID Number of 352124197711280513

ZHOU XU
()

with the PRC ID Number of 110104690310301

 

 

EXHIBIT C 

Restated Articles

 

 

EXHIBIT D 

Disclosure Schedule

 

 

EXHIBIT E 

List of Key Employees

 

 

EXHIBIT F 

Form of Restated Shareholders Agreement

 

 

EXHIBIT G 

Form of Restated Voting Agreement

 

 

EXHIBIT H

Notices

To Group Companies, Founders, and Founder’ HoldCo:

Building 4, 11 East Hepingli Street, Dongcheng District, Beijing, P.R.China, 100013

Fax: 8610-85655518

Tel: 8610-85655555

Attention: Wenyong Shi

To Investors:

Smooth Flow Limited

Beida Qingdao Building, Room B302, No. 207 Cheng Fu Road, Haidian District, Beijing,
China

Fax: 82615888-2171 and 62617687

Attention: Yan Yu

Ceyuan Ventures I, L.P. / Ceyuan Ventures Advisors Fund, LLC

No. 35 Qinlao Hutong

Dongcheng District, Beijing

PRC 100009

Fax: 86-10-8402 0555

Attention: Mr. Zhao Weiguo

GSR Ventures II, L.P. / GSR Associates II, L.P.

Address: 101 University Ave., 4F, Palo Alto, CA 94301, USA
 Fax:
+1-650-331-7301

Attention: James Ding

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