Document:

exv10w29

Exhibit 10.30

 

 

SHAREHOLDERS AGREEMENT

by and among

SINA CORPORATION,

E-HOUSE (CHINA) HOLDINGS LIMITED

and

CHINA REAL ESTATE INFORMATION CORPORATION

as of

[ • ], 2009

 

 

 

 

TABLE OF CONTENTS

ARTICLE I

CERTAIN DEFINITIONS

	 	 	 	 	 
	1.1 Defined Terms
	 	 	1	 
	1.2 Interpretation and Rules of Construction
	 	 	6	 
	 
	 	 	 	 
	ARTICLE II

	BOARD OF DIRECTORS

	 
	 	 	 	 
	2.1 Number and Composition
	 	 	7	 
	2.2 Nomination and Election of Directors
	 	 	7	 
	2.3 Quorum and Manner of Acting
	 	 	8	 
	2.4 Chairman
	 	 	9	 
	2.5 Board Meetings
	 	 	10	 
	2.6 Board Committees
	 	 	10	 
	2.7 Execution of Documents
	 	 	10	 
	2.8 Compliance
	 	 	10	 
	2.9 Memorandum and Articles of Association
	 	 	11	 
	 
	 	 	 	 
	ARTICLE III

	RESTRICTIONS ON TRANSFER

	 
	 	 	 	 
	3.1 Transfer Restrictions on Ordinary Shares
	 	 	11	 
	3.2 Permitted Transfers of Ordinary Shares
	 	 	12	 
	3.3 Right of First Offer
	 	 	12	 
	 
	 	 	 	 
	ARTICLE IV

	FINANCIAL STATEMENTS; ACCESS TO INFORMATION

	 
	 	 	 	 
	4.1 Financial Statements
	 	 	14	 
	4.2 Access to Information
	 	 	14	 
	4.3 Confidentiality of Information
	 	 	15	 
	4.4 Cooperation
	 	 	15	 
	 
	 	 	 	 
	ARTICLE V

	TERM AND TERMINATION

	 
	 	 	 	 
	5.1 Term
	 	 	15	 
	5.2 Termination
	 	 	15	 
	 
	 	 	 	 
	ARTICLE VI

	LIABILITY

	 
	 	 	 	 
	6.1 Limitation of Liability
	 	 	16	 

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	ARTICLE VII

	GOVERNING LAW; ARBITRATION

	 
	 	 	 	 
	7.1 Governing Law
	 	 	17	 
	7.2 Arbitration
	 	 	17	 
	 
	 	 	 	 
	ARTICLE VIII

	MISCELLANEOUS

	 
	 	 	 	 
	8.1 Enforcement on Behalf of the Company
	 	 	17	 
	8.2 Entire Agreement; Amendments
	 	 	18	 
	8.3 Inspection
	 	 	18	 
	8.4 Waiver
	 	 	18	 
	8.5 Assignment
	 	 	18	 
	8.6 Severability
	 	 	18	 
	8.7 Remedies
	 	 	19	 
	8.8 Headings
	 	 	19	 
	8.9 Notices
	 	 	19	 
	8.10 Further Assurances
	 	 	20	 
	8.11 No Fiduciary Relationship
	 	 	20	 
	8.12 Counterparts
	 	 	21	 

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SHAREHOLDERS AGREEMENT

          SHAREHOLDERS AGREEMENT, dated as of [•], 2009, by and among E-House (China) Holdings Limited
Limited, a company organized under the laws of the Cayman Islands (“E-House”), SINA
CORPORATION, a company organized under the laws of the Cayman Islands (“SINA”) and CHINA
REAL ESTATE INFORMATION CORPORATION, a company organized under the laws of the Cayman Islands (the
“Company”) (each a “Party” and collectively the “Parties”).

RECITALS

          WHEREAS, E-House owns [•] percent ([•]%) of the issued ordinary share capital, par value
US$0.0001 per share, of the Company (the “Ordinary Shares”) and SINA owns [•] percent
([•]%) of the Ordinary Shares; and

          WHEREAS, the Parties desire to set forth their agreement with respect to certain matters
relating to the Shareholders’ ownership of the Ordinary Shares.

          NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants and
agreements set forth herein, the Parties, intending to be legally bound hereby, agree as follows:

ARTICLE I

CERTAIN DEFINITIONS 

          1.1 Defined Terms. Unless specifically indicated otherwise in this Agreement, the following defined terms
shall have the meanings ascribed thereto in this Article I.

     “10% Shareholder” means a Shareholder that, together with its Affiliates, is the
Beneficial Owner of at least ten percent (10%) of the issued and outstanding Ordinary Shares.

     “Affiliate” means, with respect to any specified Person, any other Person that
directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under
common control with, such specified Person, and with respect to an individual also means any
spouse, parent, child, brother or sister of such Person. For the purpose of this definition,
“control” as used with respect to a Person shall mean the possession, directly or indirectly, of
the power to direct or cause the direction of the management policies of such Person, whether
through the ownership of voting securities, by contract, agency or otherwise, provided that
no Shareholder shall be deemed an Affiliate of any other Shareholder solely by reason of any
investment in the Company.

     “Affiliate Transferee” has the meaning set forth in Section 3.2(a).

 

 

     “Agreement” means this Shareholders Agreement and the schedules and exhibits hereto,
as the same may be amended, modified, supplemented or restated from time to time in accordance with
the terms hereof.

     “Beneficial Owner” means, with respect to any Person, a Person with the direct or
indirect power to vote or cause the disposition of shares in the share capital of the first Person
(whether solely or in concert with other Persons).

     “Board” means the Board of Directors of the Company.

     “Board Committee” means a committee of the Board established pursuant to Section 2.6.

     “Business Day” means any day that is not a Saturday, a Sunday or other day on which
banks are required or authorized by Law to be closed in Beijing.

     “Chairman” has the meaning set forth in Section 2.4(a).

     “China Online” means China Online Housing Technology Corporation, a company organized
under the laws of the Cayman Islands.

     “Closing” means the Closing as defined under the Share Purchase Agreement.

     “Company” has the meaning set forth in the preamble to this Agreement.

     “Contract” means any written, oral or other agreement, contract, subcontract,
settlement agreement, lease, binding understanding, instrument, note, option, warranty, purchase
order, license, sublicense, insurance policy, benefit plan or legally binding commitment or
arrangement, or undertaking of any nature, as in effect as of the date hereof or as may hereinafter
be in effect.

     “Defaulting Party” has the meaning set forth in Section 5.2(a).

     “Dispute” has the meaning set forth in Section 7.2.

     “E-House” has the meaning set forth in the preamble to this Agreement.

     “E-House Directors” has the meaning set forth in Section 2.1.

     “E-House Group Shareholder” shall mean any of (i) E-House and (ii) each of its
Affiliates, that is a Shareholder in accordance with the terms and provisions of this Agreement
from time to time.

     “Exchange” means the NASDAQ National Market.

     “Financial Investor” (i) means a financial sponsor, investment bank, or any Person
primarily engaged in the sponsorship or management of alternative asset funds or vehicles
(including any private equity funds or hedge funds) and (ii) under no circumstances shall be deemed
to include any strategic investor or Person engaged,

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directly or indirectly, in any business relating, in any manner, to the China Online Business
(as defined in the Share Purchase Agreement).

     “GAAP” means generally accepted accounting principles and practices in the United
States in effect from time to time applied consistently throughout the periods involved.

     “General Meeting” means any general meeting of Shareholders of the Company, conducted
pursuant to this Agreement, the Memorandum and Articles of Association and all applicable Law.

     “Governmental Authority” means any national, federal, state, local or foreign or
domestic government or political subdivision thereof, governmental department, commission
(including without limitation the U.S. Securities and Exchange Commission), court, arbitrator,
board, bureau, agency, regulatory authority, instrumentality, tribunal, judicial statutory or
administrative body having jurisdiction over the matter or matters in question.

     “HKIAC” has the meaning set forth in Section 7.2(a).

     “HKIAC Rules” has the meaning set forth in Section 7.2(a).

     “Information” means information, whether or not patentable or copyrightable, in
written, oral, electronic or other tangible or intangible forms, stored in any medium, including
studies, reports, records, books, contracts, instruments, surveys, discoveries, ideas, concepts,
know-how, techniques, designs, specifications, drawings, blueprints, diagrams, models, prototypes,
samples, flow charts, data, computer data, disks, diskettes, tapes, computer programs or other
software, marketing plans, customer names, communications by or to attorneys (including
attorney-client privileged communications), memos and other materials prepared by attorneys or
under their direction (including attorney work product), and other technical, financial, employee
or business information or data.

     “Law” means any federal, national, supranational, state, provincial, local or similar
statute, law, ordinance, regulation, rule, code, order, requirement or rule of law (including
common law).

     “Lien” means, with respect to any asset (including any security) any mortgage,
assignment of receivables, debenture, lien, claim, charge (whether fixed or floating), pledge,
title retention, right to acquire, hypothecation, security interest, option, levy, proxy, right of
first refusal, and any other encumbrance or condition whatsoever, but excluding any right of first
offer or tag-along right provided for under this Agreement.

     “Lock Up Period” has the meaning set forth in Section 3.1(a).

     “Major Shareholder” means a Shareholder that, together with its Affiliates, is the
Beneficial Owner of at least twenty percent (20%) of the issued and outstanding Ordinary Shares.

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     “Majority of the Board” means more than half of the voting power of those directors
present, voting and forming part of the quorum at a properly convened Board meeting.

     “Memorandum and Articles of Association” means, with respect to the Company or one of
its Subsidiaries, the memorandum and articles of association (or equivalent documents) of the
Company or such Subsidiary, as may be amended from time to time.

     “Ordinary Shares” has the meaning set forth in the Recitals.

     “Ordinary Shares Lock Up Period” has the meaning set forth in Section 3.1(a).

     “Party” or “Parties” has the meaning set forth in the preamble to this
Agreement.

     “Permitted Transfer” has the meaning set forth in Section 3.2.

     “Person” means an individual, a partnership, a corporation, an association, a limited
liability company, a joint stock company, a trust, a joint venture, an unincorporated organization,
a group, a Governmental Authority or any other type of entity.

     “Prohibited Transfer” has the meaning set forth in Section 7.2(a).

     “PRC” means the Peoples Republic of China.

     “Remaining RFO Ordinary Shares” has the meaning set forth in Section 3.3(c).

     “Representatives” means, for a Party, such Party’s directors, officers, employees,
consultants and agents.

     “RFO Exercise” has the meaning set forth in Section 3.3(c).

     “RFO Notice” has the meaning set forth in Section 3.3(b).

     “RFO Offeree” has the meaning set forth in Section 3.3(b).

     “RFO Offeror” has the meaning set forth in Section 3.3(a).

     “RFO Ordinary Shares” has the meaning set forth in Section 3.3(b).

     “RFO Purchase Period” has the meaning set forth in Section 3.3(e).

     “RFO Response Period” has the meaning set forth in Section 3.3(c).

     “Right of First Offer” has the meaning set forth in Section 3.3(c).

     “Share Capital” means the Ordinary Shares and all other shares of the Company.

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     “Share Purchase Agreement” means the share purchase agreement, dated as of July 23,
2009, between SINA and the Company.

     “Shareholders” means (i) each E-House Group Shareholder, (ii) each SINA Group
Shareholder and (ii) each Person who becomes a party to or bound by the provisions of this
Agreement in accordance with its terms.

     “SINA” has the meaning set forth in the preamble to this Agreement.

     “SINA Directors” has the meaning set forth in Section 2.1.

     “SINA Group Shareholder” shall mean any of (i) SINA and (ii) each of its Affiliates,
that is a Shareholder in accordance with the terms and provisions of this Agreement from time to
time.

     “SINA Intellectual Property” means, in any and all jurisdictions worldwide, all (i)
patents, utility models, inventions and discoveries, statutory invention registrations, mask works,
invention disclosures, and industrial designs, community designs and other designs, (ii)
trademarks, service marks, domain names, uniform resource locators, trade dress, trade names, and
other identifiers of source, including the goodwill symbolized thereby or associated therewith,
(iii) works of authorship and copyrights, and moral rights, design rights and database rights
therein and thereto, (iv) confidential and proprietary information, including trade secrets, know
how and invention rights, (v) rights of privacy and publicity, (vi) registrations, applications,
renewals, continuations, continuations-in-part, substitutions and extensions for any of the
foregoing in (i)-(v), and (vii) any and all other proprietary rights, in each case owned by or
licensed to SINA or one of its Affiliates.

     “SINA Software” means all (i) computer programs, applications, systems and code,
including software implementations of algorithms, models and methodologies, program interfaces, and
source code and object code, (ii) Internet and intranet websites, databases and compilations,
including data and collections of data, whether machine-readable or otherwise, (iii) development
and design tools, library functions and compilers, (iv) technology supporting websites, and the
contents and audiovisual displays of websites, and (v) media, documentation and other works of
authorship, including user manuals and training materials, relating to or embodying any of the
foregoing or on which any of the foregoing is recorded, in each case owned by or licensed to SINA
or one of its Affiliates.

     “Subsidiary” or “Subsidiaries” means, with respect to any Person, any and all
corporations, partnerships, limited liability companies, joint ventures, associations, variable
interest entities and other entities controlled by such Person directly or indirectly through one
or more intermediaries.

     “Tax” or “Taxes” means all national, federal, state, local municipal and
foreign direct and indirect taxes, duty, fees, charges, imposts or levy and other assessments of a
similar nature including, without limiting the generality of the foregoing: (i) taxes or other
charges on or with respect to income, franchises, windfall or other profits, gross

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receipts, profits, sales, use, shares, payroll, employment, social security, workers’
compensation, unemployment compensation or net worth; (ii) taxes or other charges in the nature of
excise, withholding, ad valorem, stamp, transfer, value added or gains taxes; (iii) license,
registration and documentation fees; (iv) customs duties, countervailing duties, anti-dumping
duties, safeguard duties, tariffs excise duties, sales tax, service tax, goods and services tax and
similar charges and (v) obligations pursuant to laws of escheat or unclaimed or abandoned property,
in the case of each of the foregoing clause (i) through (v), whether imposed directly or through
withholding and including any interest, fine, surcharge, increases, charges, fees, additions to
tax, for failure to pay, deduct, withhold or delay in payment of tax or otherwise or penalties
applicable thereto.

     “Teleconference Facilities” means meeting facilities for conference telephone, video
conference or similar communications equipment whereby all persons participating in a meeting,
whether via such facilities or in person, can hear and speak to each other.

     “Transfer” shall mean any direct or indirect sale, transfer, gift, assignment, or
other disposition.

     “Transfer Period” has the meaning set forth in Section 3.3(e).

     “U.S. Dollars” or “US$” means United States dollars, the official currency of
the United States.

          1.2 Interpretation and Rules of Construction. In this Agreement, except to the extent that the context otherwise requires:

          (a) when a reference is made in this Agreement to an Article, Section, Exhibit or Schedule,
such reference is to an Article or Section of, or a Schedule to, this Agreement unless otherwise
indicated;

          (b) the table of contents and headings for this Agreement are for reference purposes only and
do not affect in any way the meaning or interpretation of this Agreement;

          (c) whenever the words “include,” “includes” or “including” are used in this Agreement, they
are deemed to be followed by the words “without limitation”;

          (d) the words “hereof,” “herein” and “hereunder” and words of similar import, when used in
this Agreement, refer to this Agreement as a whole and not to any particular provision of this
Agreement;

          (e) all terms defined in this Agreement have the defined meanings when used in any certificate
or other document made or delivered pursuant hereto, unless otherwise defined therein;

          (f) the definitions contained in this Agreement are applicable to the singular as well as the
plural forms of such terms;

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          (g) any Law referred to herein or in any agreement or instrument that is referred to herein
means such Law or statute as from time to time amended, modified or supplemented, including by
succession of comparable successor Laws;

          (h) references to a Person are also to its permitted successors and assigns;

          (i) a rule of construction does not apply to the disadvantage of a party because the party was
responsible for the preparation of this agreement or any part of it; and

          (j) the use of “or” is not intended to be exclusive unless expressly indicated otherwise.

ARTICLE II

BOARD OF DIRECTORS

          2.1 Number and Composition. The Board of Directors shall consist of a maximum of eleven (11) members, of which, subject
to the provisions of Section 2.2 hereof, (i) two (2) directors shall be designated by the E-House
Group Shareholders (the “E-House Directors”), (ii) two (2) directors shall be designated by
the SINA Group Shareholders (the “SINA Directors”), and (iii) such other directors as, from
time to time, may be agreed between the E-House Group Shareholders and the SINA Group Shareholders.

          2.2 Nomination and Election of Directors.

          (a) Each of the E-House Group Shareholders and the SINA Group Shareholders agrees that, if at
any time it is entitled to vote for the election of directors to the Board, it shall vote all
Ordinary Shares owned or held by it or execute proxies or written consents, as the case may be, and
take all other necessary action (including causing the Company to call a general meeting of its
shareholders) in order to ensure that the composition of the Board is as set forth in Section 2.1,
subject to the provisions of this Section 2.2.

          (b) Notwithstanding the provisions of Section 2.1 above, (i) as of and after such time as the
SINA Group Shareholders (as a group) are no longer a Major Shareholder but remain (as a group) a
10% Shareholder, the SINA Group Shareholders shall have the right to designate only one (1)
director to the Board as set forth in Section 2.1. and (ii) as of and after such time as the SINA
Group Shareholders (as a group) are no longer a 10% Shareholder, the SINA Group Shareholders shall
have no right to nominate any director to the Board as set forth in Section 2.1, and, in each case,
the E-House Group Shareholders shall have the right to remove or procure the removal of, and the
SINA Group Shareholders shall render all necessary assistance for the purpose of the removal of, in
the case of (i) above, one (1) SINA Director or, in the case of (ii) above, all remaining SINA
Directors, from the Board in accordance with any resolution of Shareholders.

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          (c) Notwithstanding the provisions of Section 2.1 above, (i) as of and after such time as the
E-House Group Shareholders (as a group) are no longer a Major Shareholder but remain (as a group) a
10% Shareholder, the E-House Group Shareholders shall have the right to designate only one (1)
director to the Board as set forth in Section 2.1. and (ii) as of and after such time as the
E-House Group Shareholders (as a group) are no longer a 10% Shareholder, the E-House Group
Shareholders shall have no right to nominate any director to the Board as set forth in Section 2.1,
and, in each case, the SINA Group Shareholders shall have the right to remove or procure the
removal of, and the E-House Group Shareholders shall render all necessary assistance for the
purpose of the removal of, in the case of (i) above, one (1) E-House Director or, in the case of
(ii) above, all remaining E-House Directors, from the Board in accordance with any resolution of
Shareholders.

          (d) If there shall be any vacancy due to the death, resignation or removal of a director
nominated by an E-House Group Shareholder or a SINA Group Shareholder (other than removal pursuant
to Section 2.2(b) or 2.2(c)), the E-House Group Shareholder or SINA Group Shareholder, as the case
may be, entitled to nominate such director shall select an individual to fill such vacancy. If it
is determined that any incumbent director nominated by an E-House Group Shareholder or a SINA Group
Shareholder shall not stand for re-election at any annual General Meeting, the E-House Group
Shareholder or SINA Group Shareholder, as the case may be, entitled to nominate such director shall
select another individual who shall be nominated to be elected as such Shareholder’s director in
lieu of such incumbent director. If there shall be any vacancy due to the removal of a director
pursuant to Section 2.2(b) or 2.2(c), the remaining directors shall select an individual to fill
such vacancy until the next General Meeting.

          (e) In the event an E-House Group Shareholder or a SINA Group Shareholder notifies the other
Shareholders of its desire to remove, with or without cause, a director nominated by such
Shareholder, each Shareholder shall vote all Ordinary Shares owned or held by such Shareholder and
take all other necessary action to cause the removal of such director and ensure that the resulting
vacancy is filled by an individual nominated by the E-House Group Shareholder or SINA Group
Shareholder, as the case may be, seeking the removal of the director originally nominated by it.
In the event an E-House Group Shareholder or SINA Group Shareholder seeks to fill a vacancy created
due to the death or resignation of a director nominated by such Shareholder, each Shareholder shall
vote all Ordinary Shares owned or held by such Shareholder and take all other necessary action to
ensure that the resulting vacancy is filled by an individual nominated by the E-House Group
Shareholder or SINA Group Shareholder, as the case may be, seeking to fill such vacancy.

          2.3 Quorum and Manner of Acting.

          (a) The quorum for the transaction of business at any Board meeting shall be a simple majority
of the number of directors then on the Board, the constitution of which shall include (i) for so
long as the E-House Group Shareholders (as a group) are a Major Shareholder, one (1) E-House
Director and (ii) for so long as the SINA

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Group Shareholders (as a group) are a Major Shareholder, one (1) SINA Director. If a quorum
is not present at a Board meeting within thirty (30) minutes following the time appointed for such
Board meeting, the relevant meeting shall be adjourned for a period of at least three (3) Business
Days and the presence of any three (3) directors shall constitute a quorum at such adjourned
meeting.

          (b) Each director shall be entitled to one (1) vote in deciding matters deliberated at a Board
meeting; provided, however that, regardless of the number of directors on the Board, for so
long as any E-House Group Shareholder or SINA Group Shareholder is (i) a Major Shareholder, the
directors designated by such E-House Group Shareholder or such SINA Group Shareholder, as the case
may be, shall (respectively, as a group) not have less than twenty percent (20%) of the voting
power of all directors present and voting on any matter and forming part of the quorum at such
Board meeting; and (ii) is a 10% Shareholder, the directors designated by such E-House Group
Shareholder or such SINA Group Shareholder, as the case may be, shall (respectively, as a group)
not have less than ten percent (10%) of the voting power of all directors present and voting on any
matter and forming part of the quorum at such Board meeting. Resolutions, actions and decisions
that are within the powers granted to the Board pursuant to the Memorandum and Articles of
Association and gain the votes of a Majority of the Board shall be deemed adopted, taken or made by
the Board.

          (c) The Company shall make Teleconference Facilities available to all directors (and alternate
directors) for each Board meeting and directors may participate in a Board meeting in person or may
participate by means of Teleconference Facilities, and such participation shall constitute presence
in person for the purposes of the quorum provision of Section 2.3(a) and for purposes of the
Memorandum and Articles of Association.

          (d) All meetings, notices and other reports and communications shall be in English, and the
minutes of each meeting shall be prepared in English promptly after each meeting. Such minutes of
the Board meeting shall be circulated to all directors before finalization and shall be kept in the
minute books of the Company.

          2.4 Chairman.

          (a) For so long as the E-House Group Shareholders remain a 10% Shareholder and hold (as a
group) more Ordinary Shares than are held by the SINA Group Shareholders, the E-House Group
Shareholders, in their discretion, may select an E-House Director to serve as the Chairman of the
Board (the “Chairman”).

          (b) The Chairman shall preside at all meetings of the Board and shall have such other powers
and duties as may be assigned to him by the Board of Directors. In the absence of the Chairman, or
if the Chairman is unwilling to act, another E-House Director shall be designated by the E-House
Group Shareholders or the E-House Directors to preside at the meeting.

          (c) The Chairman shall be granted a casting vote.

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          (d) The E-House Group Shareholders shall be entitled at any time to request the removal of the
Chairman, in which case the E-House Directors and SINA Directors shall forthwith procure and/or
ensure their respective nominated director procure the removal of the Chairman.

          2.5 Board Meetings.

          (a) No Board meeting shall take place without at least three (3) Business Days prior written
notice given to all directors and their respective alternates (if any), provided that such
notice period may be reduced or waived with the written consent of all the directors or their
respective alternates (if any). An agenda identifying in reasonable detail the issues to be
considered by the directors at any such meeting and copies (in printed or electronic form) of any
relevant papers to be discussed at the meeting together with all relevant information shall be
provided in advance of the meeting to all members of the Board and their alternates (if any) so as
to ensure that they are received at least one (1) Business Day prior to the date fixed for such
meeting. The agenda for each meeting shall include any matter submitted to the Company by any
director at least one (1) Business Day prior to the date fixed for such meeting. The written
notice and agenda for each Board meeting shall also be provided to each Shareholder. Unless
approved by all directors (whether or not present or represented at such meeting), no matter may be
considered at a Board meeting unless such matter was set forth in the agenda for such meeting.

          (b) Subject to Section 2.5(a), a Board meeting may be called by any E-House Director or SINA
Director by giving notice in writing to the Company specifying a date, time and agenda for such
meeting, which allows the Company to give notice thereof in accordance with Section 2.5(a). The
Company shall upon receipt of such notice give a copy of such notice of such meeting to all
directors and their respective alternates (if any) in accordance with Section 2.5(a).

          2.6 Board Committees. The Board may establish one or more Board Committees to conduct aspects of the Company’s
business which shall be specified by the Board and the Board may appoint (and shall have the
authority to remove) members of Board Committee(s) and may authorize one or more committee(s) or
members thereof to take the actions that are within the powers of the Board.

          2.7 Execution of Documents. To be valid and binding, all notes, offers and acceptances, powers of attorney,
commitments, deeds, transfers, assignments, contracts, obligations, certificates and other
instruments of the Company must be authorized by general or specific mandate of the Board. Subject
to the Memorandum and Articles of Association, this Agreement and all applicable Laws, the Board
may delegate such of this authority and power as it considers appropriate to a member or members of
the Board or executives of the Company or the applicable subsidiary (subject to authorization and
spending limits to be specified by the Board).

          2.8 Compliance. Each Shareholder hereby expressly covenants and agrees to use its best efforts to cause
each member of the Board elected from nominees

10

 

nominated by it to comply in full with the provisions of this Agreement, the Memorandum and
Articles of Association and all Laws applicable to such member’s role as a director.

          2.9 Memorandum and Articles of Association. The Shareholders agree to take all necessary and desirable action within their control,
including making amendments to the Memorandum and Articles of Association, to give effect to the
provisions of this Agreement. The Company agrees to procure that copies of the Memorandum and
Articles of Association are provided to each of the Shareholders each time there is an amendment
made to the Memorandum and Articles of Association.

ARTICLE III

RESTRICTIONS ON TRANSFER

          3.1 Transfer Restrictions on Ordinary Shares.

          (a) For a period commencing on the date hereof and continuing until the date that is one
hundred and eighty (180) days following the date hereof (the “Lock Up Period”), no
Shareholder shall Transfer or grant or suffer to exist any Lien with respect to any Ordinary Shares
from time to time owned or held by such Shareholder other than the Permitted Transfers set forth in
Section 3.2(a) and Section 3.2(b) hereof.

          (b) Following the Lock Up Period, no Shareholder shall Transfer or grant any Lien or suffer to
exist with respect to any Ordinary Shares from time to time owned or held by such Shareholder other
than Permitted Transfers or Transfers pursuant to Section 3.3; provided; that, (i) for so
long as any E-House Group Shareholder is a Major Shareholder, other than Permitted Transfers
without the prior written consent of E-House, no SINA Group Shareholders shall, at any time,
Transfer or grant any Lien or suffer to exist with respect to any Ordinary Shares from time to time
owned or held by any SINA Group Shareholder to any Person, other than a Financial Investor, in a
single transaction or series of transactions, whether or not related, a number of Ordinary Shares
exceeding, in the aggregate, ten percent (10%) of the Share Capital of the Company and (ii) for so
long as any SINA Group Shareholder is a Major Shareholder, other than Permitted Transfers, without
the prior written consent of SINA, no E-House Group Shareholders shall, at any time, Transfer or
grant any Lien or suffer to exist with respect to any Ordinary Shares from time to time owned or
held by any E-House Group Shareholder to any Person, other than a Financial Investor, in a single
transaction or series of transactions, whether or not related, a number of Ordinary Shares
exceeding, in the aggregate, ten percent (10%) of the Share Capital of the Company (each of (i) and
(ii) a “Prohibited Transfer”).

          (c) Any attempt by a Shareholder to Transfer or grant or suffer to exist any Lien (by
operation of law or otherwise) with respect to any Ordinary Shares in violation of this Agreement
shall be null and void and the Company shall not give any effect to such attempted Transfer or Lien
in the Company’s books and records.

11

 

          3.2 Permitted Transfers of Ordinary Shares. The following Transfers of Ordinary Shares (each a “Permitted Transfer”) shall be
permitted in accordance with the following provisions:

          (a) At any time, the Transfer of Ordinary Shares by any Shareholder to its Affiliate (such
Affiliate, the “Affiliate Transferee”), provided that:

               (i) such Affiliate Transferee shall become a party to this Agreement;

               (ii) such Shareholder and Affiliate Transferee shall be jointly and severally liable for any
breach by either of them of this Agreement; and

               (iii) prior to ceasing to be an Affiliate of such Shareholder, such Affiliate Transferee
shall Transfer such Ordinary Shares back to such Shareholder or to another Affiliate of such
Shareholder in a Permitted Transfer;

          (b) At any time, the Transfer or grant of any Lien with respect to Ordinary Shares to any
Person, where all other Shareholders have provided their prior written consent to such Transfer or
grant of Lien and a written waiver of all of their respective rights under this Article III (other
than Section 3.1(b)) with respect to such Transfer or grant of Lien, provided that, in the
case of a grant of any Lien pursuant to this Section 3.2(b), such grantee shall agree in writing
with the Shareholders to be bound by the restrictions on Transfer contained in this Agreement ;

          (c) Following the Lock Up Period, the Transfer of Ordinary Shares pursuant to Rule 144 of the
Securities Exchange Act of 1934; or

          (d) Following the Lock Up Period, the Transfer of Ordinary Shares pursuant to a firm
commitment underwritten public offering registered under the Securities Act of 1933.

          3.3 Right of First Offer.

          (a) Other than Prohibited Transfers, if at any time after the Lock Up Period a Shareholder
desires to Transfer other than pursuant to any Permitted Transfer, such Transfer shall be permitted
only if such Shareholder (the “RFO Offeror”) fully complies with the terms of this Section
3.3; provided that the provisions of this Section 3.3 shall not apply to Permitted
Transfers.

          (b) The RFO Offeror shall, prior to the Transfer of any Ordinary Shares to which this Section
3.3 applies, give written notice (“RFO Notice”) to each other Shareholder (each, an
“RFO Offeree”), setting forth (i) the number of Ordinary Shares proposed to be disposed of
(the “RFO Ordinary Shares”), (ii) the proposed purchase price per RFO Ordinary Share, and
payment and other material terms and conditions and (iii) an irrevocable offer to sell to the RFO
Offeree(s) the RFO Ordinary Shares set forth in the RFO Notice at the same price per Ordinary Share
and on the same terms and conditions as set forth therein.

12

 

          (c) The RFO Offeree(s) collectively shall have the right to purchase (the “Right of First
Offer”), any or all of the RFO Ordinary Shares by delivering a written notice (the “RFO
Exercise”) of exercise of the Right of First Offer to the RFO Offeror within 20 (twenty)
Business Days from the date of delivery of the RFO Notice (the “RFO Response Period”),
irrevocably stating therein such portion of the RFO Ordinary Shares as shall be purchased,
collectively, by the RFO Offeree(s) and/or one or more wholly-owned Affiliates thereof and the
proportion thereof to be purchased by each RFO Offeree (or such Affiliate(s)). Each RFO Offeree
shall have the right, but shall not be required, to purchase (or cause its wholly-owned
Affiliate(s) to purchase) such RFO Offeree’s pro rata share (based on the number of Ordinary Shares
held by such RFO Offeree as a proportion of the number of Ordinary Shares held by all RFO
Offerees). To the extent any RFO Offeree does not wish to purchase (or cause its wholly-owned
Affiliate(s) to purchase) all of its pro rata portion of RFO Ordinary Shares, all of such remaining
RFO Ordinary Shares (the “Remaining RFO Ordinary Shares”) shall immediately be re-offered
by the RFO Offeror to the other RFO Offeree(s) (or if there is more than one other RFO Offeree, in
the proportion (as nearly as may be) to the number of Ordinary Shares held by them inter se), and
such other RFO Offeree(s) may accept by delivery to the RFO Offeror of an RFO Exercise in respect
of the relevant Remaining RFO Ordinary Shares within 10 (ten) Business Days of such re-offer, after
which time such re-offer shall lapse and the re-offer for such Remaining RFO Ordinary Shares will
be deemed to have been declined.

          (d) If the RFO Offeree(s) shall have delivered an RFO Exercise to the RFO Offeror within the
RFO Response Period for all the RFO Ordinary Shares, the RFO Offeror and RFO Offeree(s) shall be
respectively bound, and shall complete the sale and purchase of the RFO Ordinary Shares within
thirty (30) days thereafter upon the terms set forth in the RFO Notice; provided,
however, that such period shall be extended following such date as necessary to permit all
required approvals, consents or authorizations from, or filings or registrations with, any
Governmental Authority in connection with such purchase to be obtained or made, to the extent prior
to the expiration of the RFO Purchase Period reasonably appropriate actions have been taken by the
RFO Offeree(s) to obtain such approvals, consents or authorizations, or make such filings or
registrations; and provided further that no such extension shall exceed 60 days.

          (e) If the RFO Offeree(s) shall not have completed the purchase of all of the RFO Ordinary
Shares within the RFO Purchase Period, as extended as provided in Section 3.3(d), or together have
failed to deliver RFO Exercises within the RFO Response Period for all of the RFO Ordinary Shares
as contemplated in Section 3.3(d) or declined in writing to exercise the Right of First Offer, then
the RFO Offeror shall have the right for sixty (60) days thereafter (the “Transfer
Period”), to dispose of the RFO Ordinary Shares in one or more Transfers thereof without being
subject to any of the restrictions set forth in this Article III; provided,
however, that (i) such Transfer of the RFO Ordinary Shares is consummated on terms not more
favorable to the purchasers thereof than the terms specified in the RFO Notice and (ii) the RFO
Offeror provides written confirmation to the RFO Offeree(s) that such terms comply with clause (i)
hereof prior to the consummation of such sale; and provided further, that the Transfer
Period

13

 

shall be extended following such date as necessary to permit all required approvals, consents
or authorizations from, or filings or registrations with, any Governmental Authority in connection
with such Transfers to be obtained or made, to the extent prior to the expiration of the Transfer
Period reasonably appropriate actions have been taken by the RFO Offeror to obtain such approvals,
consents or authorizations or make such filings or registrations; and provided further that
no such extension shall exceed thirty (30) days. If at the end of the Transfer Period, as extended
as provided herein, the RFO Offeror has not completed the Transfer of the RFO Ordinary Shares, the
RFO Offeror shall no longer be permitted to dispose of such RFO Ordinary Shares without again fully
complying with the provisions of this Section 3.3.

          (f) The RFO Offeror shall, upon the Transfer of the RFO Ordinary Shares, procure the
resignation of such number of directors nominated by it, if any, as would be required pursuant to
Section 2.2 hereof, and such director shall execute a letter of resignation.

ARTICLE IV

FINANCIAL STATEMENTS; ACCESS TO INFORMATION

          4.1 Financial Statements. With respect to each of the E-House Group Shareholders (as a group) and the SINA Group
Shareholders (as a group), until such date as the E-House Group Shareholders (as a group) or the
SINA Group Shareholders (as a group) are no longer a Major Shareholder, and thereafter to the
extent necessary for the purpose of preparing financial statements or completing a financial
statement audit by E-House or SINA, as the case may be, the following financial information,
prepared in accordance with GAAP, shall be delivered by the Company to E-House or SINA, as the case
may be, on a timely basis all Information that E-House or SINA, as the case may be, reasonably
requires to meet its schedule for the preparation, printing, filing, and public dissemination of
it’s respective annual and quarterly financial statements:

          (a) Within 60 days after the close of each fiscal year, the following financial statements,
examined by and certified to by the Company’s external auditors: (i) the audited consolidated
balance sheet of the Company as of the close of such fiscal year; (ii) the audited consolidated
statement of Company net profits and net losses for such fiscal year; (iii) the audited
consolidated statement of the Company’s cash flows for such fiscal year; and (iv) a copy of the
share registry of the Company listing the current owners of Ordinary Shares and the number of
Ordinary Shares owned by each Shareholder.

          (b) As soon as available and in any event within 30 days after the end of each fiscal quarter,
the unaudited consolidated balance sheet of the Company as of the end of such fiscal quarter and
unaudited consolidated statements of income and Company net profits and net losses for the period
commencing at the end of the previous fiscal year and ending with the end of such fiscal quarter,
certified by the Company.

          4.2 Access to Information. Until the date that the SINA Group Shareholders (as a group) are no longer a Major Shareholder,
and thereafter to the extent

14

 

necessary for the purpose of preparing financial statements or
completing a financial statement audit, all governmental audits are complete and the applicable
statute of limitations for tax matters has expired, the Company shall provide SINA’s internal
auditors, counsel and other designated representatives of SINA access during normal business hours
to (i) the premises of the Company and its Subsidiaries and all Information (and duplicating
rights) within the knowledge, possession or control of the Company and its Subsidiaries and (ii)
the officers and employees of the Company and its Subsidiaries, so that SINA may conduct reasonable
audits relating to the financial statements provided by the Company pursuant hereto as well as to
the internal accounting controls and operations of the Company.

          4.3 Confidentiality of Information. Any information provided to either of the E-House Group Shareholders or the SINA Group
Shareholders shall be confidential and, subject to the confidentiality provisions contained in the
stock purchase agreement, dated as of July 23, 2009, entered into between SINA and the Company,
which provisions shall notwithstanding their terms continue in full force and effect until
termination of this Agreement.

          4.4 Cooperation. The Company will act in good faith and make commercially reasonable efforts to cooperate with
SINA in connection with SINA’s fulfillment of its annual and quarterly reporting obligations under
the Securities Exchange Act of 1934, as amended.

ARTICLE V

TERM AND TERMINATION

          5.1 Term. This Agreement shall take effect immediately and shall continue in force until the earliest
of (i) the either the E-House Group Shareholders or the SINA Group Shareholders cease to own any
Ordinary Shares, (ii) the date this Agreement is terminated in accordance with the provisions of
this Article V or (iii) the date this Agreement is terminated by agreement of all of the
Shareholders in writing; provided that the Parties agree to make such amendments as are
required under the relevant rules of the Exchange.

          5.2 Termination. (a) Any Shareholder shall be entitled to terminate this Agreement with respect to another
Shareholder which is not an Affiliate of such Shareholder (the “Defaulting Party”) by
notice in writing to all Parties if any of the events set out below shall have occurred in relation
to the Defaulting Party:

               (i) if the Defaulting Party shall attempt to Transfer Ordinary Shares or grant or permit to
exist any Lien (by operation of law or otherwise) with respect to Ordinary Shares in violation of
this Agreement;

               (ii) if the Defaulting Party shall commit any material breach of any of its obligations under
this Agreement and shall fail to remedy such breach (if capable of remedy) within 60 days after
being given notice by another Shareholder to do so; or

15

 

               (iii) if the Defaulting Party shall commit any breach of any material Law applicable to such
party in its capacity as a Shareholder;

               (iv) if any Person enforces any Lien over the Ordinary Shares of the Defaulting Party or the
Defaulting Party shall go into liquidation whether compulsory or voluntary (except for the
purposes of a bona fide reconstruction or amalgamation with the consent of each other Shareholder,
such consent not to be unreasonably withheld or delayed) or if a petition shall be presented or an
order made for the appointment of an administrator in relation to the Defaulting Party or if a
receiver, administrative receiver, judicial manager, manager or equivalent officer in any
applicable jurisdiction shall be appointed over any part of the assets or undertaking of the
Defaulting Party and such appointment is not revoked within 30 (thirty) days from the date of such
appointment or if any event analogous to any of the foregoing shall occur in any jurisdiction; or

               (v) if the Defaulting Party shall make a general assignment or any composition or arrangement
with or for the benefit of its creditors or if a receiver and/or judicial manager, trustee,
administrator or equivalent officer in any applicable jurisdiction is appointed in relation to the
Defaulting Party or in relation to the whole or any material part of its properties or assets.

          (b) Upon provision of such notice by any Shareholder (other than an Affiliate of such
Shareholder), the Defaulting Party shall cease to be a Shareholder.

          (c) Subject to Section 3.2(a), this Agreement shall terminate in respect of any Shareholder if
at any time as a result of a Transfer of Ordinary Shares that complies with the provisions of this
Agreement, such Shareholder and its Affiliates hold no Ordinary Shares.

          (d) Upon any Shareholder (and its Affiliates who have acquired Ordinary Shares) ceasing to be
a Shareholder for any reason or upon this Agreement being terminated for any reason, the provisions
of this Agreement will cease to be applicable to such Shareholder and its Affiliates other than,
with respect to any such Shareholder, the rights and obligations of the Parties under Articles V,
VI, VII and VIII and all rights and liabilities accruing prior to the date of such cessation or
termination.

ARTICLE VI

LIABILITY

          6.1 Limitation of Liability. Notwithstanding anything to the contrary in this Agreement, no Party will be liable to
another, whether in contract, tort (including negligence and breach of duty) or otherwise at law or
in equity, for any loss of use, loss of profits, loss of contracts, loss of production, loss of revenue, loss of bargain, loss of
business opportunities, cost of funding or for business interruption or for any other consequential
or indirect loss or damage of whatsoever nature and howsoever or whensoever arising.

16

 

ARTICLE VII

GOVERNING LAW; ARBITRATION

          7.1 Governing Law. This Agreement and any dispute or claim arising out of or in
connection with it or its subject matter shall be governed by, and construed in accordance with,
the laws of the state of New York (without regard to its conflicts of laws rules that would mandate
the application of the laws of another jurisdiction).

          7.2 Arbitration. Any dispute, controversy or claim arising out of or relating to this
Agreement or its subject matter (including a dispute regarding the existence, validity, formation,
effect, interpretation, performance or termination of this Agreement) (each a “Dispute”)
shall be finally settled by arbitration.

          (a) The place of arbitration shall be Hong Kong, and the arbitration shall be administered by
the Hong Kong International Arbitration Centre (the “HKIAC”) in accordance with the HKIAC
Administered Arbitration Rules then in force (the “HKIAC Rules”).

          (b) The arbitration shall be decided by a tribunal of three (3) arbitrators, whose appointment
shall be in accordance with the HKIAC Rules; provided, however, that the third presiding arbitrator
must be licensed to practice New York state law and in good standing with the New York State Bar,
as of the date the Notice of Arbitration is received by the HKIAC Secretariat.

          (c) Arbitration proceedings (including but not limited to any arbitral award rendered) shall
be in English.

          (d) Subject to the agreement of the tribunal, any Dispute(s) which arise subsequent to the
commencement of arbitration of any existing Dispute(s), shall be resolved by the tribunal already
appointed to hear the existing Dispute(s).

          (e) The award of the arbitration tribunal shall be final and conclusive and binding upon the
parties as from the date rendered.

          (f) Judgment upon any award may be entered and enforced in any court having jurisdiction over
a party or any of its assets. For the purpose of the enforcement of an award, the parties
irrevocably and unconditionally submit to the jurisdiction of any competent court and waive any
defenses to such enforcement based on lack of personal jurisdiction or inconvenient forum.

ARTICLE VIII

MISCELLANEOUS

          8.1 Enforcement on Behalf of the Company. The directors of the Company shall be
authorized to enforce the terms of this Agreement on behalf of the Company (which for the avoidance
of doubt shall not in any way limit the rights of the Shareholders to enforce their rights under
this Agreement directly).

17

 

          8.2 Entire Agreement; Amendments. This Agreement constitutes the entire agreement of
the Parties with respect to the subject matter hereof and may be amended, modified or supplemented
only by a written instrument duly executed by all the Parties hereto. In the event of an
amendment, modification or supplement of this Agreement in accordance with its terms, each
Shareholder hereby agrees to vote the Ordinary Shares owned or held by such Shareholder to approve
any necessary amendments to the Memorandum and Articles of Association of the Company and any of
its Subsidiaries required to make the Memorandum and Articles of Association of the Company and its
Subsidiaries consistent with this Agreement.

          8.3 Inspection. For so long as this Agreement shall remain in effect, this Agreement
shall be made available for inspection by any Shareholder that is a Party hereto at the registered
office of the Company.

          8.4 Waiver. Any Party may (a) extend the time for the performance of any of the
obligations or other acts of another Party, (b) waive compliance with any of the agreements of the
another Party or conditions to such party’s obligations contained herein. Any such extension or
waiver shall be valid only if set forth in an instrument in writing signed by the Party to be bound
thereby. No waiver of any agreement or obligation granted pursuant to this Section 8.4 or
otherwise in accordance with this Agreement shall be construed as a waiver of any prior or
subsequent breach of such agreement or obligation or any other agreement or obligation. The
failure of any Party hereto to assert any of its rights hereunder shall not constitute a waiver of
any of such rights.

          8.5 Assignment. No Party may assign (by operation of law or otherwise) this Agreement
or any of its rights, interests or obligations under this Agreement, in whole or in part, without
the prior written consent of the other Parties, except that (i) assignments of all of a
Shareholder’s rights, interests and obligations under this Agreement to its Affiliate in a
Permitted Transfer pursuant to Section 3.2(a) shall be permitted so that the E-House Group
Shareholders (as a group) and the SINA Group Shareholder(s) (as a group) shall respectively have
the same rights and obligations as E-House and SINA, respectively, hereunder; (ii) any SINA Group
Shareholder may assign, pursuant to a Permitted Transfer pursuant to Section 3.2, all of its
rights, interests and obligations to any non-Affiliate Transferee of Ordinary Shares from it
(including the rights, interests and obligations specified in Sections 3.3), provided
however that (A) such non-Affiliate Transferee shall not have the rights, interests and obligations
specified in Sections 2.1, 2.2 and 2.3 and (iii) any E-House Group Shareholder may assign all of
its rights, interests and obligations to any non-Affiliate Transferee of Ordinary Shares from it
(including the rights, interests and obligations specified in Sections 3.3), provided
however that such non-Affiliate Transferee shall not have the rights, interests and obligations
specified in Sections 2.1, 2.2 and 2.3. Except as otherwise expressly provided herein, this
Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
heirs, personal representatives, successors and assigns.

          8.6 Severability. If any term or other provision of this Agreement is invalid,
illegal or incapable of being enforced by any Law or public policy, all other

18

 

terms and provisions of this Agreement shall nevertheless remain in full force and effect for
so long as the economic or legal substance of the transactions contemplated by this Agreement is
not affected in any manner materially adverse to either party hereto. Upon such determination that
any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto
shall negotiate in good faith to modify this Agreement so as to effect the original intent of the
parties as closely as possible in an acceptable manner in order that the transactions contemplated
by this Agreement are consummated as originally contemplated to the greatest extent possible.

          8.7 Remedies. In the event of a breach by any Party to this Agreement of its
obligations under this Agreement, any Party injured by such breach, in addition to being entitled
to exercise all rights granted by Law, including recovery of damages and costs (including
reasonable attorneys’ fees), will be entitled to specific performance of its rights under this
Agreement. The Parties agree that the provisions of this Agreement shall be specifically
enforceable, it being agreed by the parties that the remedy at law, including monetary damages, for
breach of any such provision will be inadequate compensation for any loss and that any defense in
any action for specific performance that a remedy at law would be adequate is waived.

          8.8 Headings. The headings used in this Agreement have been inserted for convenience
of reference only and do not define or limit the provisions hereof.

          8.9 Notices. All notices, requests, claims, demands and other communications
hereunder shall be in writing and shall be deemed duly given, made or received (i) on the date of
delivery if delivered in person or by messenger service, (ii) on the date of confirmation of
receipt of transmission by facsimile (or, the first (1st) Business Day following such receipt if
(a) such date of confirmation is not a Business Day or (b) confirmation of receipt is given after
5:00 p.m., Beijing time) or (iii) on the date of confirmation of receipt if delivered by an
internationally recognized overnight courier service or registered or certified mail (or, the first
(1st) Business Day following such receipt if (a) such date of confirmation is not a Business Day or
(b) confirmation of receipt is given after 5:00 p.m., Beijing time) to the respective parties
hereto at the following addresses (or at such other address for a party as shall be specified in a
notice given in accordance with this Section 8.9):

          If to SINA, to:

SINA Corporation

20/F Beijing Ideal International Plaza

No. 58 Northwest 4th Ring Road

Haidian District, Beijing, 100090, People’s Republic of China

Facsimile: +86 10 8260 7166

Attention: Corporate Secretary

with a copy (which shall not constitute notice) to:

19

 

Shearman & Sterling LLP

12th Floor East Tower, Twin Towers

B-12 Jianguomenwai Dajie

Beijing 100022, China

Facsimile: +86 10 6563 6001

Attention: Lee Edwards, Esq.

If to E-House Online, to:

17/F Merchandise Harvest Building (East)

No. 333 North Chengdu Road

Shanghai, China

Facsimile: +86 21 6133 0707

Attention: Li-Lan Cheng

with a copy (which shall not constitute notice) to:

Skadden, Arps, Slate, Meagher & Flom

42/F, Edinburgh Tower, The Landmark

12 Queen’s Road Central, Hong Kong

Facsimile: +852 3740 4727

Attention: Jonathan B. Stone, Esq. and Z. Julie Gao, Esq.

If to the Company, to:

China Real Estate Information Corporation

No. 383 Guangyan Road

Shanghai 200072

People’s Republic of China

Facsimile: +86 21 [•]

Attention: [•]

with a copy (which shall not constitute notice) to:

Skadden, Arps, Slate, Meagher & Flom

42/F, Edinburgh Tower, The Landmark

12 Queen’s Road Central, Hong Kong

Facsimile: +852 3740 4727

Attention: Jonathan B. Stone, Esq. and Z. Julie Gao, Esq.

          8.10 Further Assurances. Each Party shall cooperate and shall take such further
action and shall execute and deliver such further documents as may be reasonably requested by any
other Party in order to carry out the provisions and purposes of this Agreement.

          8.11 No Fiduciary Relationship. This Agreement is intended to create, and creates, a
contractual relationship and is not intended to create, and does not create,

20

 

any agency, partnership, joint venture, fiduciary or any like relationship between the Parties
hereto.

          8.12 Counterparts. This Agreement may be executed and delivered (including by
facsimile transmission) in one or more counterparts, and by the different parties hereto in
separate counterparts, each of which when executed shall be deemed to be an original, but all of
which taken together shall constitute one and the same agreement.

21

 

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

	 	 	 	 	 
	 	E-House (China) Holdings Limited

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	SINA CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	CHINA REAL ESTATE INFORMATION CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

[Signature Page to Shareholders Agreement]exv10w30

Exhibit 10.31

CONFIDENTIAL

 

REGISTRATION RIGHTS AGREEMENT

 

between

E-HOUSE (CHINA) HOLDINGS LTD.,

SINA CORPORATION

and

CRIC HOLDINGS LIMITED

Dated as of [•], 2009

 

 

REGISTRATION RIGHTS AGREEMENT

     REGISTRATION RIGHTS AGREEMENT, dated as of [•], 2009 (this “Agreement”), between
E-HOUSE (CHINA) HOLDINGS LTD., a company organized under the laws of the Cayman Islands
(“E-House”), SINA CORPORATION, a company organized under the laws of the Cayman Islands
(“SINA”), and CRIC HOLDINGS LIMITED, a company organized under the laws of the Cayman
Islands (“CRIC”).

     WHEREAS, concurrently herewith, CRIC and SINA are entering into a Share Purchase Agreement
(the “Share Purchase Agreement”; capitalized terms used but not defined in this Agreement
shall have the meanings ascribed to them in the Share Purchase Agreement), pursuant to which, upon
the terms and subject to the conditions thereof, SINA will acquire, on the date hereof, [•] common
shares (the “Subscription Shares”) of CRIC, par value [•] each (the “CRIC Shares”);

     WHEREAS, in connection with the transfer of the Subscription Shares, CRIC has agreed to
provide SINA certain registration rights with respect to the Subscription Shares;

     WHEREAS, E-House is the holder, on the date hereof, of certain CRIC Shares (the “E-House
Shares”);

     WHEREAS, CRIC has agreed to provide E-House certain registration rights with respect to the
E-House Shares; and

     WHEREAS, certain terms used in this Agreement are defined in Section 1.

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

     1. Definitions.

     (a) For purposes of this Agreement:

     “affiliate” of a specified person means a person who, directly or indirectly through
one or more intermediaries, controls, is controlled by, or is under common control with, such
specified person.

     “E-House Holder” means E-House and any affiliate transferee of E-House to whom
Registrable Securities are permitted to be transferred in accordance with the terms of this
Agreement and the Shareholders’ Agreement, and, in each case, who continues to be entitled to the
rights of a Holder hereunder.

     “Equity Securities” means the common shares of CRIC, and all direct or indirect
options, warrants, convertible securities or other rights to acquire any common shares of CRIC or
securities or instruments exchangeable or exercisable for, or convertible into, common shares
of CRIC.

 

 

     “Exchange Act” means the United States Securities Exchange Act of 1934, as amended,
and all rules and regulations promulgated thereunder.

     “Holder” shall mean each E-House Holder and SINA Holder, individually or collectively.

     “NASD” means the National Association of Securities Dealers, Inc., or any successor
entity thereof.

     “person” means any individual, partnership, firm, corporation, limited liability
company, association, trust, unincorporated organization or other entity, as well as any syndicate
or group that would be deemed to be a person under Section 13(d)(3) of the Securities Exchange Act
of 1934, as amended.

     “Registrable Securities” means all and any CRIC Shares held by a Holder (including any
securities issuable or issued or distributed in respect of any such CRIC Shares by way of a stock
dividend or stock split or in connection with a combination of shares, recapitalization,
reorganization, merger, amalgamation, consolidation or otherwise). For purposes of this Agreement,
Registrable Securities shall cease to be Registrable Securities when (i) a Registration Statement
covering such Registrable Securities has been declared effective under the Securities Act by the
SEC and such Registrable Securities have been disposed of pursuant to such effective Registration
Statement, (ii) the entire amount of the Registrable Securities proposed to be sold by a Holder in
a single sale, in the opinion of counsel satisfactory to CRIC and such Holder, each in their
reasonable judgment, may be distributed to the public in the United States pursuant to Rule 144 (or
any successor provision then in effect) under the Securities Act in any three-month period, (iii)
any such Registrable Securities have been sold in a sale made pursuant to Rule 144 (or any
successor provision then in effect) under the Securities Act (iv) the Holder of the Registrable
Securities is a non-affiliate of CRIC and the Registrable Securities are saleable without any
requirement to comply with any conditions in Rule 144, pursuant to Rule 144(b)(1) or (v) such
Registrable Securities cease to be outstanding.

     “Registration Expenses” means all expenses in connection with or incident to the
registration of Registrable Securities hereunder, including (a) all SEC and any NASD registration
and filing fees and expenses, (b) all fees and expenses in connection with the registration or
qualification of Registrable Securities for offering and sale under the securities or “blue sky”
laws of any state or other jurisdiction of the United States of America and, in the case of an
underwritten offering, determination of their eligibility for investment under the laws of such
jurisdictions as the managing underwriter or underwriters may reasonably designate, including
reasonable fees and disbursements, if any, of counsel for the underwriters in connection with such
registrations or qualifications and determination, (c) all expenses relating to the preparation,
printing, distribution and reproduction of any Registration Statement required to be filed
hereunder, each prospectus included therein or prepared for distribution pursuant hereto, each
amendment or supplement to the foregoing, the expenses of preparing Registrable Securities in a
form for delivery for purchase pursuant to such registration or qualification and
the expense of printing or producing any underwriting agreement(s) and agreement(s) among
underwriters and any “blue sky” or legal investment memoranda, any selling agreements and all other
documents approved for use in writing by CRIC to be used in connection with the offering,

2

 

sale or delivery of Registrable Securities, (d) messenger, telephone and delivery expenses of CRIC and
out-of-pocket travel expenses incurred by or for CRIC’s personnel for travel undertaken for any
“road show” made in connection with the offering of securities registered thereby, (e) fees and
expenses of any transfer agent and registrar with respect to the delivery of any Registrable
Securities and any escrow agent or custodian involved in the offering, (f) fees, disbursements and
expenses of counsel of CRIC and independent certified public accountants of CRIC incurred in
connection with the registration, qualification and offering of the Registrable Securities
(including the expenses of any opinions or “comfort” letters required by or incident to such
performance and compliance), (g) fees, expenses and disbursements of counsel and any other persons
retained by CRIC, including special experts retained by CRIC in connection with such registration,
(h) Securities Act liability insurance, if CRIC desires such insurance, (i) transfer agents’ and
registrars’ fees and expenses and the fees and expenses of any other agent or trustee appointed in
connection with such offering and (i) the fees and expenses incurred by CRIC and its advisers in
connection with the quotation or listing of Registrable Securities on any securities exchange or
automated securities quotation system. Any brokerage commissions attributable to the sale of any
of the Registrable Securities, and any commissions, fees, discounts, transfer taxes or stamp duties
or, except as specified in the immediately preceding sentence, expenses of any underwriter or
placement agent incurred in connection with an offering of Registrable Securities in accordance
with this Agreement and any fees and expenses of any counsel or other advisors to a Holder and any
other out-of-pocket expenses of a Holder shall not be “Registration Expenses.”

     “Registration Statement” means a Demand Registration Statement or a Piggy-Back
Registration Statement, as the case may be.

     “SEC” means the United States Securities and Exchange Commission, or any successor
thereto.

     “Securities Act” means the United States Securities Act of 1933, as amended, and all
rules and regulations promulgated thereunder.

     “Share Capital” means the issued and outstanding share capital of CRIC, taking into
account only CRIC Shares and other Equity Securities then in issue, if any, that are convertible
into or exercisable or exchangeable for CRIC Shares and based on a deemed conversion of such Equity
Securities.

     “Shareholders’ Agreement” means the shareholders’ agreement, dated on or about the
date hereof, entered into by and among E-House, SINA and CRIC.

     “SINA Holder” means SINA and any affiliate transferee of SINA to whom Registrable
Securities are permitted to be transferred in accordance with the terms of this Agreement and the
Shareholders’ Agreement, and, in each case, who continues to be entitled to the rights of a Holder
hereunder.

     (b) The following terms have the meaning set forth in the Sections set forth below:

3

 

	 	 	 
	Term	 	Section
	Agreement
	 	Preamble
	Blackout Period
	 	4
	CRIC
	 	Preamble
	CRIC Shares
	 	Recitals
	Demand Registration
	 	2(a)
	Demand Registration Statement
	 	2(a)
	E-House
	 	Preamble
	Exercising Holder
	 	2(a)
	Indemnified Party
	 	8(c)
	Indemnifying Party
	 	8(c)
	Maximum Offering Size
	 	2(c)
	Non-Exercising Holder
	 	2(b)
	Participating Piggy-Back Holders
	 	3(b)
	Piggy-Back Registration
	 	3(a)
	Piggy-Back Registration Statement
	 	3(a)
	Share Purchase Agreement
	 	Recitals
	SINA
	 	Preamble
	Subscription Shares
	 	Recitals

     (c) Interpretation and Rules of Construction. In this Agreement, except to the extent
otherwise provided or that the context otherwise requires:

     (i) The headings in this Agreement are for reference purposes only and do not affect in
any way the meaning or interpretation of this Agreement;

     (ii) Whenever the words “include”, “includes” or “including” are used in this
Agreement, they are deemed to be followed by the words “without limitation”;

     (iii) The words “hereof”, “herein” and “hereunder” and words of similar import, when
used in this Agreement, refer to this Agreement as a whole and not to any particular
provision of this Agreement;

     (iv) The definitions contained in this Agreement are applicable to the singular as well
as the plural forms of such terms;

     (v) References to a person are also to its successors and permitted assigns; and

     (vi) The use of “or” is not intended to be exclusive unless expressly indicated
otherwise.

     2. Demand Registration.

     (a) Following the date that is one hundred and eighty (180) days after the date hereof and
upon receipt of a written request from a Holder (such Holder, together with its Affiliates, the
“Exercising Holder”) requesting that CRIC effect a registration (a “Demand
Registration”) under the Securities Act covering all or part of the Registrable Securities, and

4

 

which notice shall specify the number of Registrable Securities for which registration is requested
and the intended method or methods of distribution thereof, CRIC shall use its best efforts to, as
soon as reasonably practicable, after receipt of such written request, file with the SEC and use
its best efforts to cause to be declared effective, a registration statement (a “Demand
Registration Statement”) relating to all of the Registrable Securities that CRIC has been so
requested to register for sale, to the extent required to permit the disposition (in accordance
with the intended method or methods of distribution thereof) of the Registrable Securities so
registered.

     (b) If the Demand Registration relates to an underwritten public offering and the managing
underwriter of such proposed public offering advises CRIC and the Exercising Holder that, in its
reasonable opinion, the number of Registrable Securities requested to be included in the Demand
Registration (including securities to be sold by CRIC or any other security holder, including any
Holders other than the Exercising Holder (such Holders, the “Non-Exercising Holders”)
exceeds the largest number of securities which reasonably can be sold in such offering without
having a material adverse effect on such offering, including the price at which such securities can
be sold (the “Maximum Offering Size” ), then CRIC shall include in such Demand
Registration, up to the Maximum Offering Size, first, the Registrable Securities the
Exercising Holder proposes to register, second, the Registrable Securities any
Non-Exercising Holder proposes to register, and third, any securities CRIC proposes to
register and any securities with respect to which any other security holder has requested
registration. CRIC shall not hereafter enter into any agreement which is inconsistent with the
rights of priority provided in this Section 2(b).

     (c) Each of the E-House Holders and the Sina Holders, in each case, collectively, shall be
entitled to an aggregate of three (3) registrations of Registrable Securities pursuant to this
Section 2; provided, that a registration requested pursuant to this Section
2 shall not be deemed to have been effected for purposes of this Section 2(c) unless
(i) it has been declared effective by the SEC, (ii) it has remained effective for the period set
forth in Section 5(a) and (iii) the offering of Registrable Securities pursuant to such
registration is not subject to any stop order, injunction or other order or requirement of the SEC;
provided, however, that in the event the Exercising Holder revokes a Demand
Registration request (which revocation may only be made prior to CRIC requesting acceleration of
effectiveness of the registration statement) then such Demand Registration shall count as having
been effected unless the Exercising Holder pays all Registration Expenses in connection with such
revoked Demand Registration within seven (7) days of written request therefor by CRIC.

     (d) Notwithstanding anything to the contrary contained herein, CRIC shall not be required to
prepare and file (i) more than one (1) Demand Registration Statements in any twelve-month period,
or (ii) any Demand Registration Statement within one hundred and eighty (180) days following the
date of effectiveness of any other Registration Statement.

     (e) A Demand Registration requested pursuant to this Section 2 shall not be deemed to
have been effected unless the Demand Registration Statement relating thereto (i) has become
effective under the Securities Act and any of the Registrable Securities of the Holder included in
such Demand Registration Statement have actually been sold thereunder and (ii) has remained
effective for a period of at least that specified in Section 5(a); provided,
however, that

5

 

if after any Demand Registration Statement requested pursuant to this Section
2 becomes effective, such Demand Registration Statement is interfered with by any stop order,
injunction or other order or requirement of the SEC or other governmental agency or court solely
due to the actions or omissions to act of CRIC, such Demand Registration Statement shall be at the
sole expense of CRIC and shall not be included as one of the Demand Registrations which may be
requested pursuant to this Section 2.

     3. Piggy-Back Registration

     (a) If CRIC proposes to file on its behalf and/or on behalf of any holder of its securities
(other than a holder of Registrable Securities) a registration statement under the Securities Act
on any form (other than a registration statement on Form S-4, F-4 or S-8 (or any successor form)
for securities to be offered in a transaction of the type referred to in Rule 145 under the
Securities Act or to employees of CRIC pursuant to any employee benefit plan, respectively) for the
registration of CRIC Shares (a “Piggy-Back Registration”), it shall give written notice to
all Holders at least thirty (30) days before the initial filing with the SEC of such registration
statement (a “Piggy-Back Registration Statement”), which notice shall set forth the number
of CRIC Shares that CRIC and other holders of CRIC Shares, if any, then contemplate including in
such registration and the intended method of disposition of such CRIC Shares.

     (b) If any Holder desires to have Registrable Securities registered under this Section
3 (the “Participating Piggy-Back Holders”), it shall advise CRIC in writing within five
(5) days after the date of receipt of such notice from CRIC of its desire to have Registrable
Securities registered under this Section 3, and shall set forth the number of Registrable
Securities for which registration is requested. CRIC shall thereupon use its reasonable best
efforts to include, or in the case of a proposed underwritten public offering, use its reasonable
best efforts to cause the managing underwriter or underwriters to permit such Holder to include, in
such filing the number of Registrable Securities for which registration is so requested, subject to
paragraph (c) below, and shall use its reasonable best efforts to effect registration of such
Registrable Securities under the Securities Act.

     (c) If the Piggy-Back Registration relates to an underwritten public offering and the managing
underwriter of such proposed public offering advises CRIC and the Holders that, in its reasonable
opinion, the number of Registrable Securities requested to be included in the Piggy-Back
Registration together with the securities being registered by CRIC or any other security holder
exceeds the Maximum Offering Size, then:

     (i) in the event CRIC initiated the Piggy-Back Registration, CRIC shall include in such
Piggy-Back Registration first, the securities CRIC proposes to register and
second, the securities of all other selling security holders, including the
Participating Piggy-Back Holders, to be included in such Piggy-Back Registration in an
amount that together with the securities CRIC proposes to register, shall not exceed the
Maximum Offering Size and shall be allocated among such selling security holders on a pro rata
basis (based on the number of CRIC Shares held by each such selling security holder); and

6

 

     (ii) in the event any holder of securities of CRIC initiated the Piggy-Back
Registration, CRIC shall include in such Piggy-Back Registration first, the
securities such initiating security holder proposes to register, second, the
securities of any other selling security holders (including the Participating Piggy-Back
Holders), in an amount that together with the securities the initiating security holder
proposes to register, shall not exceed the Maximum Offering Size, such amount to be
allocated among such other selling security holders on a pro rata basis (based on the number
of CRIC Shares held by each such selling security holder) and third, any securities
CRIC proposes to register, in an amount that together with the securities the initiating
security holder and the other selling security holders propose to register, shall not exceed
the Maximum Offering Size.

     (d) CRIC shall not hereafter enter into any agreement that is inconsistent with the rights of
priority provided in Section 3(c).

     4. Blackout Periods. CRIC shall have the right to delay the filing or effectiveness of a Registration Statement
required pursuant to Section 2 or 3 hereof during no more than two (2) periods
aggregating to not more than one hundred and twenty (120) days in any twelve-month period (each, a
“Blackout Period”), in the event that (i) CRIC would, in the good faith judgment of CRIC’s
Board of Directors, be required to disclose in the prospectus information not otherwise then
required by law to be publicly disclosed and (ii) in the good faith judgment of CRIC’s Board of
Directors, there is a reasonable likelihood that such disclosure, or any other action to be taken
in connection with the prospectus, would materially and adversely affect or interfere with any
significant financing, acquisition, merger, disposition of assets, corporate reorganization or
other material transaction or negotiations involving CRIC; provided, however, that
(A) a Holder shall be entitled, at any time after receiving notice of such delay and before such
Demand Registration Statement becomes effective, to withdraw such request and, if such request is
withdrawn, such Demand Registration shall not count as one of the permitted Demand Registrations
and (B) CRIC shall delay during such Blackout Period the filing or effectiveness of any
Registration Statement required pursuant to the registration rights of other holders of any
securities of CRIC. CRIC shall promptly give the Holders written notice of such determination
containing, to the extent permitted by law, a general statement of the reasons for such
postponement and an approximation of the anticipated delay. After the expiration of any Blackout
Period (including upon public disclosure of the information that was the reason for such Blackout
Period) and without any further request from any Holder, CRIC shall (subject to there being no
other Blackout period) promptly notify the Holders and shall use its reasonable best efforts to
prepare and file with the SEC the requisite Registration Statement or such amendments or
supplements to such Registration Statement or prospectus used in connection therewith as may be
necessary to cause such Registration Statement to become effective as promptly as practicable
thereafter.

     5. Registration Procedures. If CRIC is required by the provisions of Section 2 or 3 to use its
reasonable best efforts to effect the registration of any of its securities under the Securities
Act, CRIC shall, as soon as reasonably practicable, after receipt of a written request for a Demand
Registration:

     (a) prepare and file with the SEC a Registration Statement with respect to such
securities and use its reasonable best efforts to cause such Registration Statement to

7

 

become effective as promptly as practicable and to remain effective for a period of time
required for the disposition of such Registrable Securities by the Holders thereof but not
to exceed one hundred twenty (120) days excluding any days that fall during a permitted
Blackout Period under Section 4; provided, however, that before
filing such Registration Statement or any amendments or supplements thereto, CRIC shall, if
requested, furnish to counsel selected by the Holders copies of all documents proposed to be
filed, which documents shall be subject to the review of such counsel, and shall in good
faith consider incorporating in each such document such changes as such counsel to the
Holders reasonably and in a timely manner may suggest; provided, however,
that CRIC shall not have any obligation to so modify any information.

     (b) prepare and file with the SEC such amendments and supplements to such Registration
Statement and the prospectus used in connection therewith as may be necessary to keep such
Registration Statement effective and to comply with the provisions of the Securities Act
with respect to the sale or other disposition of all securities covered by such Registration
Statement until the earlier of such time as all of such securities have been disposed of in
a public offering or the expiration of one hundred twenty (120) days (excluding any days
that fall during a permitted Blackout Period under Section 4);

     (c) furnish to such selling security holders such number of conformed copies of the
applicable Registration Statement and each such amendment and supplement thereto (including
in each case all exhibits), such number of copies of the prospectus contained in such
Registration Statement (including each preliminary prospectus and any summary prospectus)
and any other prospectus, in conformity with the requirements of the Securities Act, and
such other documents, as such selling security holders may reasonably request;

     (d) use its reasonable best efforts to register or qualify the Registrable Securities
or other securities covered by such Registration Statement under such other securities or
blue sky laws of such jurisdictions within the United States and its territories and
possessions as each Holder of such Registrable Securities shall reasonably request, to keep
such registration or qualification in effect for so long as such Registration Statement
remains in effect or until all of the Registrable Securities are sold, whichever is shorter,
and to take any other action which may be reasonably necessary or advisable to enable the
Holder to consummate the disposition in such jurisdictions of the securities owned by such
Holder (provided, however, that CRIC shall not be required in connection
therewith or as a condition thereto to qualify to do business as a foreign corporation,
subject itself to taxation in or to file a general consent to service of process in any
jurisdiction where it would not, but for the requirements of this paragraph (d), be
obligated to do so) and do such other reasonable acts and things as may be required of it to
enable such Holder to consummate the disposition in such jurisdiction of the securities covered by such
Registration Statement;

     (e) use its reasonable best efforts to furnish, at the request of any Holder requesting
registration of Registrable Securities pursuant to Section 2 or 3, if the
method of distribution is by means of an underwriting, on the date that the shares of
Registrable

8

 

Securities are delivered to the underwriters for sale pursuant to such
registration, or if such Registrable Securities are not being sold through underwriters, on
the date that the registration statement with respect to such shares of Registrable
Securities becomes effective, (1) a signed opinion, dated such date, of the independent
legal counsel representing CRIC for the purpose of such registration, addressed to the
underwriters, if any, and if such Registrable Securities are not being sold through
underwriters, then to the Holders making such request, and (2) letters dated such date and
the date the offering is priced from the independent certified public accountants of CRIC,
addressed to the underwriters, if any, and if such Registrable Securities are not being sold
through underwriters, then to the Holders making such request, in each case, in customary
form and covering such matters of the kind customarily covered by opinions or comfort
letters, as the case may be, in such a transaction;

     (f) enter into customary agreements (including if the method of distribution is by
means of an underwriting, an underwriting agreement containing representations, warranties
and indemnities in customary form) and take such other actions as are reasonably required in
order to expedite or facilitate the disposition of such Registrable Securities;

     (g) otherwise use its reasonable best efforts to comply with all applicable rules and
regulations promulgated by the SEC;

     (h) use its reasonable best efforts to cause all such Registrable Securities to be
listed on each securities exchange or quotation system on which the CRIC Shares are listed
or traded;

     (i) give written notice to the Holders:

     (i) when such Registration Statement, the prospectus or any amendment or
supplement thereto has been filed with the SEC and when such Registration Statement
or any post-effective amendment thereto has become effective;

     (ii) of any request by the SEC for amendments or supplements to such
Registration Statement or the prospectus included therein or for additional
information;

     (iii) of the issuance by the SEC of any stop order suspending the effectiveness
of such Registration Statement or the initiation of any proceedings for that
purpose;

     (iv) of the receipt by CRIC or its legal counsel of any notification with
respect to the suspension of the qualification of the CRIC Shares for sale in any
jurisdiction or the initiation or threatening of any proceeding for such purpose;
and

     (v) of the happening of any event that requires CRIC to make changes in such
Registration Statement or such prospectus in order to make the statements therein,
in light of the circumstances in which they were made, not misleading (which notice
shall be accompanied by an instruction to suspend the use of such prospectus until
the requisite changes have been made);

9

 

     (j) use its reasonable best efforts to obtain the withdrawal of any order suspending
the effectiveness of such Registration Statement at the earliest possible time;

     (k) furnish to each Holder, without charge, at least one copy of such Registration
Statement and any post-effective amendment thereto, including financial statements and
schedules, and, if the Holder so requests in writing, all exhibits (including those, if any,
incorporated by reference);

     (l) upon the occurrence of any event contemplated by Section 5(i)(v) above,
promptly prepare a post-effective amendment to such Registration Statement or a supplement
to the related prospectus or file any other required document so that, as thereafter
delivered to the Holders, the prospectus shall not contain an untrue statement of a material
fact or omit to state any material fact necessary to make the statements therein, in light
of the circumstances under which they were made, not misleading. If CRIC notifies the
Holders in accordance with Section 5(i)(v) above to suspend the use of the
prospectus until the requisite changes to the prospectus have been made, then the Holders
shall suspend use of such prospectus and use its reasonable best efforts to return to CRIC
all copies of such prospectus other than permanent file copies then in such Holder’s
possession, and the period of effectiveness of such Registration Statement provided for
above shall be extended by the number of days from and including the date of the giving of
such notice to the date the Holders shall have received such amended or supplemented
prospectus pursuant to this Section 5(l);

     (m) subject to the execution of confidentiality agreements satisfactory in form and
substance to CRIC, pursuant to the reasonable request of the Holder or underwriters, make
reasonably available for inspection by representatives of the Holders, any underwriter
participating in any disposition pursuant to such Registration Statement, and any attorney,
accountant or other agent retained by such representative or any such underwriter all
relevant financial and other records, pertinent corporate documents and properties of CRIC
and cause CRIC’s officers, directors and employees to supply all relevant information
reasonably requested by such representative or any such underwriter, attorney, accountant or
agent in connection with the registration provided that any such information
inspected or discussions conducted shall be done in a manner so as not to disrupt the
operation of CRIC’s business;

     (n) in connection with any underwritten offering to the extent the underwriters
determine that the failure to do so would have a material adverse effect on such offering,
make appropriate officers and senior executives of CRIC reasonably available to the selling
security holders for meetings with prospective purchasers of Registrable Securities and
prepare and present to potential investors customary “road show” material in each case in
accordance with the recommendations of the underwriters and in all respects in a manner
reasonably requested and consistent with other new issuances of

10

 

securities in an offering of a similar size to such offering of the Registrable Securities; and

     (o) use reasonable best efforts to procure the cooperation of CRIC’s transfer agent in
settling any offering or sale of Registrable Securities, including with respect to the
transfer of physical stock certificates into book-entry form in accordance with any
procedures reasonably requested by the Holders or the underwriters, if any.

     It shall be a condition precedent to the obligation of CRIC to take any action pursuant to
this Agreement in respect of the Registrable Securities which are to be registered at the request
of any Holder that such Holder shall furnish to CRIC such information regarding the Registrable
Securities held by such Holder and the intended method of distribution thereof as CRIC shall
reasonably request and as shall be required in connection with the action taken by CRIC.

     6. Expenses. Except as otherwise agreed or set forth herein, all Registration Expenses shall be paid by
CRIC, except that each Holder shall bear and pay all (a) brokerage commissions attributable to the
sale of any of the Registrable Securities, (b) commissions, fees, discounts, transfer taxes or
stamp duties or, except as specified in the immediately preceding sentence, expenses of any
underwriter or placement agent applicable to Registrable Securities offered for such Holder’s
account in accordance with this Agreement, (c) fees and expenses of any counsel or other advisors
to a Holder and (d) other out-of-pocket expenses of such Holder, in each case, with respect to such
Holder’s Registrable Securities only.

     7. Rule 144 Information. With a view to making available the benefits of certain rules and regulations of the SEC
which may at any time permit the sale of the Registrable Securities to the public without
registration, CRIC agrees to:

     (a) make and keep public information available, as those terms are understood and
defined in Rule 144 under the Securities Act; and

     (b) use its reasonable best efforts to file with or furnish to the SEC in a timely
manner all reports and other documents required of CRIC under the Securities Act and the
Exchange Act.

     8. Indemnification and Contribution.

     (a) CRIC shall indemnify and hold harmless each Holder, such Holder’s directors and officers,
each agent and any underwriter for CRIC (within the meaning of the Securities Act), and each
person, if any, who controls such Holder or such agent or underwriter within the meaning of the
Securities Act, against any losses, claims, damages or liabilities, joint or several, to which they
may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages
or liabilities (or proceedings in respect thereof) arise out of or are based on any untrue or
alleged untrue statement of any material fact contained in a Registration Statement on the
effective date thereof (including any prospectus filed under Rule 424 under the Securities Act or
any amendments or supplements thereto), or any document incorporated by reference therein, or arise
out of or are based upon the omission or alleged omission to state therein a material fact required
to be stated therein or necessary to make the statements therein

11

 

not misleading, and shall reimburse each Holder, such Holder’s directors and officers, such agent or underwriter or such
controlling person for any legal or other expenses reasonably incurred by them in connection with
investigating or defending any such loss, claim, damage, liability, proceeding or action;
provided, however, that the indemnity agreement contained in this Section
8(a) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability,
proceeding or action if such settlement is effected without the consent of CRIC (which consent
shall not be unreasonably withheld or delayed); provided further that CRIC shall
not be liable to the Holder, such Holder’s directors and officers, such agent or underwriter or
such controlling person in any such case for any such loss, claim, damage, liability or action to
the extent that it arises out of or is based upon an untrue statement or alleged untrue statement
or omission or alleged omission made in connection with a Registration Statement, preliminary
prospectus, final prospectus or amendments or supplements thereto, in reliance upon and in
conformity with written information furnished for use in connection with such registration by such
Holder, such Holder’s directors or officers, such agent or underwriter or such controlling person
or by such Holder’s failure to furnish CRIC, upon request, with the information with respect to
such Holder or any participating person that is the subject of the untrue statement or omission.
CRIC shall not, without the consent of the Holders (which consent shall not be unreasonably
withheld or delayed), effect any settlement of any pending or threatened proceeding or action in
respect of which any Holder is a party and indemnity has been sought hereunder by such Holder,
unless such settlement includes an unconditional release of such Holder from all liability for
claims that are the subject matter of such proceeding or action. Such indemnity shall remain in
full force and effect regardless of any investigation made by or on behalf of such Holder, such
Holder’s directors and officers, such agent or underwriter or such controlling person, and shall
survive the transfer of such securities by such Holder.

     (b) Each Holder requesting or joining in a registration severally and not jointly shall
indemnify and hold harmless CRIC, each of its directors and officers, each person, if any, who
controls CRIC within the meaning of the Securities Act, and each agent and any underwriter for CRIC
(within the meaning of the Securities Act) against any losses, claims, damages or liabilities,
joint or several, to which CRIC or any such director, officer, controlling person, agent or
underwriter may become subject, under the Securities Act or otherwise, insofar as such losses,
claims, damages or liabilities (or proceedings in respect thereof) arise out of or are based upon
any untrue statement or alleged untrue statement of any material fact contained in a Registration
Statement on the effective date thereof (including any prospectus filed under Rule 424 under the
Securities Act or any amendments or supplements thereto) or arise out of or are based upon the
omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading, in each case to the
extent, but only to the extent, that such untrue statement or alleged untrue statement or omission
or alleged omission was made in such Registration Statement, preliminary or final prospectus, or
amendments or supplements thereto, in reliance upon and in conformity with written information
furnished by or on behalf of such Holder for use in connection with such registration, preliminary
prospectus, final prospectus or amendments or supplements thereto; and each such Holder shall
reimburse any legal or other expenses reasonably incurred by CRIC or any such director, officer,
controlling person, agent or underwriter in connection with investigating or defending any such
loss, claim, damage, liability or action; provided, however, that the indemnity
agreement contained in this Section 8(b) shall not apply to amounts paid in settlement of
any such loss, claim, damage, liability or action if such settlement is effected without the

12

 

consent of such Holder (which consent shall not be unreasonably withheld or delayed), and
provided further that the liability of a Holder hereunder shall be limited to the
aggregate net proceeds received by such Holder in connection with any offering to which such
registration under the Securities Act relates. A Holder shall not, without the consent of CRIC,
effect any settlement of any pending or threatened proceeding or action in respect of which CRIC is
a party and indemnity has been sought hereunder by CRIC, unless such settlement includes (i) an
unconditional release of CRIC, from all liability for claims that are the subject matter of such
proceeding or action and (ii) does not include any statement as to or any admission of fault,
capability or a failure to act by or on behalf of CRIC .

     (c) If the indemnification provided for in this Section 8 from the indemnifying party
(the “Indemnifying Party”) is unavailable to any person entitled to indemnification
hereunder (the “Indemnified Party”) in respect of any losses, claims, damages, liabilities
or expenses referred to therein, then the Indemnifying Party, in lieu of indemnifying the
Indemnified Party, shall contribute to the amount paid or payable by the Indemnified Party as a
result of such losses, claims, damages, liabilities or expenses in such proportion as is
appropriate to reflect the relative fault of the Indemnifying Party and the Indemnified Party in
connection with the actions which resulted in such losses, claims, damages, liabilities or
expenses, as well as any other relevant equitable considerations. The relative fault of the
Indemnifying Party and the Indemnified Party shall be determined by reference to, among other
things, whether any action in question, including any untrue or alleged untrue statement of a
material fact or omission or alleged omission to state a material fact, has been made by, or
relates to information supplied by, the Indemnifying Party or the Indemnified Party, and the
parties’ relative intent, knowledge, access to information and opportunity to correct or prevent
such action. The amount paid or payable by a party as a result of the losses, claims, damages,
liabilities and expenses referred to above shall be deemed to include any legal or other fees or
expenses reasonably incurred by such party in connection with any investigation or proceeding. If
the allocation provided in this paragraph (c) is not permitted by applicable law, the parties shall
contribute based upon the relevant benefits received by CRIC from the offering of securities on the
one hand and the net proceeds received by the Holders from the sale of securities on the other.

     The parties hereto agree that it would not be just and equitable if contribution pursuant to
this Section 8(c) were determined by pro rata allocation or by any other method of
allocation which does not take account of the equitable considerations referred to in the
immediately preceding paragraph. No person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any
person who was not guilty of such fraudulent misrepresentation.

     (d) The Indemnified Party agrees to give prompt written notice to the Indemnifying Party after
the receipt by the Indemnified Party of any written notice of the commencement of any action, suit,
proceeding or investigation or threat thereof made in writing for which the Indemnified Party
intends to claim indemnification or contribution pursuant to this Agreement; provided, that
the failure so to notify the Indemnifying Party shall not relieve the Indemnifying Party of any
liability that it may have to the Indemnified Party hereunder unless such failure is materially
prejudicial to the Indemnifying Party. If notice of commencement of any such action is given to
the Indemnifying Party as above provided, the Indemnifying Party shall be entitled to participate
in and, to the extent it may wish, to assume the defense of such

13

 

action at its own expense, with counsel chosen by it and reasonably satisfactory to such Indemnified Party. The Indemnified Party
shall have the right to employ separate counsel in any such action and participate in the defense
thereof, but the reasonable fees and expenses of such counsel shall be paid by the Indemnified
Party unless (i) the Indemnifying Party agrees to pay the same, (ii) the Indemnifying Party fails
to assume the defense of such action within forty-five (45) days notice of a request to do so or
(iii) the named parties to any such action (including any impleaded parties) have been advised by
such counsel that either (A) representation of such Indemnified Party and the Indemnifying Party by
the same counsel would be inappropriate under applicable standards of professional conduct or (B)
there are one or more legal defenses available to it which are substantially different from or
additional to those available to the Indemnifying Party. No Indemnifying Party shall be liable for
any settlement entered into without its written consent, which consent shall not be unreasonably
withheld or delayed.

     (e) The agreements contained in this Section 8 shall survive the transfer of the
Registrable Securities by any Holder and sale of all the Registrable Securities pursuant to any
Registration Statement and shall remain in full force and effect, regardless of any investigation
made by or on behalf of any Holder, such Holder’s directors and officers, any person who
participates in the offering of Registrable Securities, including underwriters (as defined in the
Securities Act), and any person, if any, who controls any Holder or such participating person
within the meaning of the Securities Act.

     9. Limitations on Registration of Other Securities; Representation. From and after the date of this Agreement, CRIC shall not, without the prior written
consent of each of the Holders, enter into any agreement with any holder or prospective holder of
any securities of CRIC giving such holder or prospective holder any registration rights the terms
of which are more favorable taken as a whole than the registration rights granted to the Holders
hereunder unless CRIC shall also give such rights to the Holders.

     10. No Inconsistent Agreements. CRIC shall not hereafter enter into any agreement with respect to its securities that is
inconsistent in any material respects with the rights granted to the Holders in this Agreement.

     11. Selection of Managing Underwriters. In the event the Participating Demand Holders have requested an underwritten offering, the
underwriter or underwriters shall be selected by the Holders of a majority of the shares being so
registered and shall be approved by CRIC, which approval shall not be unreasonably withheld or
delayed, provided, (i) that all of the representations and warranties by, and the other
agreements on the part of, CRIC to and for the benefit of such underwriters shall also be made to
and for the benefit of such Holders of Registrable Securities, (ii) that any or all of the
conditions precedent to the obligations of such underwriters under such underwriting agreement
shall be conditions precedent to the obligations of such Holders of Registrable Securities, and
(iii) that no Holder shall be required to make any representations or warranties to or agreements
with CRIC or the underwriters other than representations, warranties or agreements regarding such
Holder, the Registrable Securities of such Holder and such Holder’s intended method of distribution
and any other representations customarily required or required by law. Subject to the foregoing,
all Holders proposing to distribute Registrable Securities through such underwritten offering shall
enter into an underwriting agreement in customary form with the underwriter or underwriters.

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     12. Miscellaneous

     (a) Specific Performance. The parties hereto agree that irreparable damage would
occur in the event any provision of this Agreement was not performed in accordance with the terms
hereof and that the parties shall be entitled to specific performance of the terms hereof, in
addition to any other remedy at law or in equity.

     (b) Amendments and Waivers.

     (i) This Agreement may be amended, modified or supplemented only by a written
instrument duly executed by all the Parties hereto.

     (ii) Any Party may (a) extend the time for the performance of any of the obligations or
other acts of another Party to such other Party, (b) waive compliance with any of the
agreements of the another Party or conditions to such Party’s obligations contained herein
to such other Party. Any such extension or waiver shall be valid only if set forth in an
instrument in writing signed by the Party to be bound thereby. No waiver of any agreement
or obligation granted pursuant to this Section 12(b) or otherwise in accordance with
this Agreement shall be construed as a waiver of any prior or subsequent breach of such
agreement or obligation or any other agreement or obligation. The failure of any Party
hereto to assert any of its rights hereunder shall not constitute a waiver of any of such
rights.

     (c) Notices. All notices, requests, claims, demands and other communications
hereunder shall be in writing and shall be deemed duly given, made or received (i) on the date of
delivery if delivered in person or by messenger service, (ii) on the date of confirmation of
receipt of transmission by facsimile (or, the first (1st) Business Day following such receipt if
(a) such date of confirmation is not a Business Day or (b) confirmation of receipt is given after
5:00 p.m., Beijing time) or (iii) on the date of confirmation of receipt if delivered by an
internationally recognized overnight courier service or registered or certified mail (or, the first (1st)
Business Day following such receipt if (a) such date of confirmation is not a Business Day or (b)
confirmation of receipt is given after 5:00 p.m., Beijing time) to the respective parties hereto at
the following addresses (or at such other address for a party as shall be specified in a notice
given in accordance with this Section 12(c)):

	 	(i)	 	if to CRIC:
	 
	 	 	 	CRIC Holdings Limited

No. 383 Guangyan Road

Shanghai 200072

People’s Republic of China

Facsimile: +86 21 6086 7111

Attention: Ding Zuyu
	 
	 	 	 	with a copy (which shall not constitute notice) to:
	 
	 	 	 	Skadden, Arps, Slate, Meagher & Flom

15

 

	 	 	 	42/F, Edinburgh Tower, The Landmark

12 Queen’s Road Central, Hong Kong

Facsimile: +852 3740 4727

Attention: Jonathan B. Stone, Esq. and Z. Julie Gao, Esq.
	 
	 	(ii)	 	if to E-House or any E-House Holder:

	 
	 	 	 	E-House (China) Holdings Ltd.

17/F, Merchandise harvest Buildig (East)

No. 333 North Chengdu Road

Shanghai, 200041 People’s Republic of China

Facsimile: +86 21 6133 0707

Attention: Li-Lan Cheng
	 
	 	 	 	with a copy (which shall not constitute notice) to:
	 
	 	 	 	Skadden, Arps, Slate, Meagher & Flom

42/F, Edinburgh Tower, The Landmark

12 Queen’s Road Central, Hong Kong

Facsimile: +852 3740 4727

Attention: Jonathan B. Stone, Esq. and Z. Julie Gao, Esq.
	 
	 	(iii)	 	if to SINA or any SINA Holder:
	 
	 	 	 	SINA Corporation

20/F Beijing Ideal International Plaza

No. 58 Northwest 4th Ring Road

Haidian District, Beijing, 100090, People’s Republic of China

Facsimile: +86 10 8260 7166

Attention: Corporate Secretary
	 
	 	 	 	with a copy (which shall not constitute notice) to:
	 
	 	 	 	Shearman & Sterling LLP

12th Floor East Tower, Twin Towers

B-12 Jianguomenwai Dajie

Beijing 100022, China

Facsimile: +86 10 6563 6001

Attention: Lee Edwards, Esq

     (d) Successors and Assigns; Third Party Beneficiaries. This Agreement shall be
binding upon and inure solely to the benefit of each party hereto, and, except as expressly
provided in Section 8 hereof, nothing in this Agreement, express or implied, is intended to
or shall confer upon any other person any right, benefit or remedy of any nature whatsoever under
or by reason of this Agreement. Neither this Agreement nor any of the rights or obligations of any
party hereto may be assigned by any party hereto without the prior written consent of the other
party hereto, except that the registration rights of a Holder with respect to any Registrable
Securities may be transferred to any affiliate of such Holder (i) to which Registrable

16

 

Securities have been transferred and (ii) who executes a written agreement in form and substance reasonably
satisfactory to CRIC agreeing to be bound by the terms of this Agreement, and any purported
assignment in breach hereof by a Holder shall be void. All of the obligations of CRIC hereunder
shall survive any such transfer.

     (e) Headings. The headings and subheadings in this Agreement are included for
convenience and identification only and are in no way intended to describe, interpret, define or
limit the scope, extent or intent of this Agreement or any provision hereof.

     (f) Governing Law; Jurisdiction. This Agreement shall be governed by, and construed
in accordance with, the laws of the State of New York.

     (i) Any claim, action, suit or proceeding seeking to enforce any provision of, or based
on any matter arising out of or in connection with, this Agreement or the transactions
contemplated hereby may be heard and determined in any New York state or federal court
sitting in The City of New York, County of Manhattan, and each of the parties hereto hereby
consents to the exclusive jurisdiction of such courts (and of the appropriate appellate
courts therefrom in any such claim, action, suit or proceeding) and irrevocably waives, to
the fullest extent permitted by law, any objection that it may now or hereafter have to the
laying of venue of any such claim, action, suit or proceeding in any such court or that any
such claim, action, suit or proceeding that is brought in any such court has been brought in
an inconvenient forum.

     (ii) Subject to applicable law, process in any such claim, action, suit or proceeding
may be served on any party anywhere in the world, whether within or without the jurisdiction
of any such court. Without limiting the foregoing and subject to applicable law, each party
agrees that service of process on such party shall be deemed effective service of process on
such party. Nothing herein shall affect the right of any party to serve legal process in any other manner permitted by law or at equity. WITH
RESPECT TO ANY SUCH CLAIM, ACTION, SUIT OR PROCEEDING IN ANY SUCH COURT, EACH OF THE PARTIES
IRREVOCABLY WAIVES AND RELEASES TO THE OTHER ITS RIGHT TO A TRIAL BY JURY, AND AGREES THAT
IT WILL NOT SEEK A TRIAL BY JURY IN ANY SUCH PROCEEDING.

     (g) Waiver of Jury Trial. Each of the parties hereto hereby waives to the fullest
extent permitted by applicable law any right it may have to a trial by jury with respect to any
litigation directly or indirectly arising out of, under or in connection with this Agreement or the
transactions contemplated hereby. Each of the parties hereto (i) certifies that no representative,
agent or attorney of the other party has represented, expressly or otherwise, that such other party
would not, in the event of litigation, seek to enforce that foregoing waiver and (ii) acknowledges
that it and the other party hereto have been induced to enter into this Agreement and the
transactions contemplated hereby, as applicable, by, among other things, the mutual waivers and
certifications in this Section 12(g).

     (h) Severability. If any term or other provision of this Agreement is invalid,
illegal or incapable of being enforced by any rule of law or public policy, all other terms and

17

 

provisions of this Agreement shall nevertheless remain in full force and effect for so long as the
economic or legal substance of the transactions contemplated by this Agreement is not affected in
any manner materially adverse to any party hereto. Upon such determination that any term or other
provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in
good faith to modify this Agreement so as to effect the original intent of the parties as closely
as possible in an acceptable manner in order that the transactions contemplated by this Agreement
are consummated as originally contemplated to the greatest extent possible.

     (i) Entire Agreement. This Agreement and the Share Purchase Agreement constitute the
entire agreement between the parties with respect to the subject matter hereof and thereof and
supersede all prior agreements and undertakings, both written and oral, between the parties with
respect to the subject matter hereof and thereof.

     (j) Cumulative Remedies. The rights and remedies provided by this Agreement are
cumulative and the use of any one right or remedy by any party hereto shall not preclude or waive
its right to use any or all other remedies. Such rights and remedies are given in addition to any
other rights the parties may have by law, statute, ordinance or otherwise.

     (k) Construction. Each party hereto acknowledges and agrees it has had the
opportunity to draft, review and edit the language of this Agreement and that no presumption for or
against any party arising out of drafting all or any part of this Agreement will be applied in any
dispute relating to, in connection with or involving this Agreement. Accordingly, the parties
hereto hereby waive the benefit of any rule of law or any legal decision that would require, in
cases of uncertainty, that the language of a contract should be interpreted most strongly against
the party who drafted such language.

     (l) Counterparts. This Agreement may be executed and delivered (including by
facsimile transmission) in one or more counterparts, and by the different parties hereto in
separate counterparts, each of which when executed shall be deemed to be an original, but all
of which taken together shall constitute one and the same agreement.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the
date first written above by their respective officers thereunto duly authorized.

	 	 	 	 	 
	 	
E-HOUSE (CHINA) HOLDINGS LTD.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	
SINA CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	
CRIC HOLDINGS LIMITED

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

[Signature Page to Registration Rights Agreement]

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