Document:

Exhibit 4.87

Exhibit 4.87

CONFIDENTIAL TREATMENT REQUESTED BY NINETOWNS INTERNET TECHNOLOGY GROUP COMPANY LIMITED. THIS
EXHIBIT HAS BEEN REDACTED. REDACTED MATERIAL IS MARKED WITH “*” AND HAS BEEN FILED SEPARATELY WITH
THE SECURITIES AND EXCHANGE COMMISSION.

FRANCHISE AGREEMENT

Contract No. BJ080804-1

Beijing Ninetowns Ports Software and Technology Co., Ltd. (hereinafter referred to as “Party A”)
and Guangzhou Ninetowns Wang Li Software Co., Ltd. (hereinafter referred to as “Party B”) have
entered into this agreement with respect to the establishment of a strategic cooperative
partnership relationship between the parties and the engagement of Party B as Party A’s franchisee:

	 	 	 
	Party A:

	 	Beijing Ninetowns Ports Software and Technology Co., Ltd.
	 
	 	 
	Address:

	 	Building No.14, 7th Block, 188 South 4th Ring Road West,
Fengtai District, Beijing
	Zip code:

	 	100070 
	Telephone:

	 	010-58056688 
	 
	 	 
	Party B:

	 	Guangzhou Ninetowns Wang Li Software Co., Ltd.
	 
	 	 
	Address:

	 	Room 203, 24-26 Keyun Road, Tianhe District, Guangzhou
	Zip code:

	 	510660 
	Telephone:

	 	020-85535095 

I. Franchised Products:

The “iDeclare V5.0” enterprise software that was developed independently by Party A and the
qualification of which was certified by the General Administration of Quality Supervision,
Inspection and Quarantine of the PRC, having various services functions such as electronic
certification of origin certificate and electronic inspection application.

In order to enhance Party B’s reputation, and in consideration of the degree of acceptance of
software sales companies by import/export enterprises in Party B’s franchised area, Party A hereby
authorizes Party B to use the Ninetowns trade name in its company name, provided, however, that
Party B shall not use such trade name to engage in business activities that are not related to the
business as contemplated hereunder.

 

 

 

II. Franchised Area:

Foshan district, Zhongshan district, Shunde district, Huizhou district and Panyu district of
Guangdong Province, the PRC.

III. Term of Franchise:

From August 1, 2008 to December 31, 2009.

IV. Recommended Distribution Price:

The standard price of the “iDeclare V5.0” enterprise software services is RMB1,500 per set per
year. Party B may charge a different price according to market competition.

V. Obligations of Both Parties:

Obligations of Party A:

	 	1.	 	Party A undertakes that the products that it provides have been authorized by the
General Administration of Quality Supervision, Inspection and Quarantine of the PRC.

	 	2.	 	In order to enhance Party B’s reputation, Party A hereby authorizes Party B to use the
Ninetowns trade name in its company name, provided, however, that Party B shall not use
such trade name to engage in business activities that are not related to the business as
contemplated hereunder.

	 	3.	 	Party A undertakes that during the term of this agreement, it will obtain Party B’s
prior consent before developing other franchisees within the franchised area.

	 	4.	 	Party A shall provide Party B with marketing and training materials in connection with
the franchised products.

	 	5.	 	Party A shall provide Party B with technical support services.

	 	6.	 	Upgrade services.

Obligations of Party B:

	 	1.	 	Party B is responsible for distribution of Party A’s products, after-sale services and
technical support in the franchised area.

	 	2.	 	Party B undertakes that it will comply with relevant state and industrial laws and
regulations through its sales activities.

	 	3.	 	Party B undertakes that it will not be any third party’s franchisee for any other
product that competes with Party A’s products in the franchised area during the term of
this agreement.

 

 

 

CONFIDENTIAL TREATMENT HAS BEEN REQUESTED AND CONFIDENTIAL TERMS HAVE BEEN OMITTED

	 	4.	 	Party B undertakes that the products that it sells are the official versions of Party
A’s products, and Party B undertakes that it will not engage in any form of counterfeit
activities.

	 	5.	 	Party B undertakes that it will provide users with after-sales service and technical
support in accordance with Party A’s service standards and service contents.

	 	6.	 	Party B undertakes that it will make payments to Party A within the prescribed time
limit.

	 	7.	 	Party B undertakes that the sales data delivered by Party B to Party A monthly, i.e.
the settlement bill, will be true and accurate.

VI. Product Settlement Prices:

The settlement prices are as follows:

Party A shall be entitled to receive ********** of the total revenue generated by Party B with
respect to the “iDeclare V5.0” enterprise software for its users.

VII. Settlement Schedule:

Both parties agree that they shall settle payable amounts within 30 days after three months
following relevant settlement period. Party B shall deliver a settlement bill to Party A’s
financial management center by the end of each month.

The form of the settlement bill is attached hereto.

VIII. Agreement Amendment:

If either party hereto requests to amend this agreement, it shall notify the other party in
writing, and the other party shall respond within one week. All amendments of this agreement must
be made in writing by both parties, and such amendments shall be deemed as inseverable parts of
this agreement.

IX. Rights of Both Parties to Terminate this Agreement Unilaterally:

If any of the following circumstances occurs, Party A is entitled to terminate this agreement
unilaterally without any liability for breach of contract:

	 	1.	 	Party B becomes a franchisee for any other product that competes with Party A in the
franchised area during the term of this agreement without Party A’s consent;

	 	2.	 	Party B fails to comply with relevant state or industrial laws or regulations,
resulting in damages to Party A’s products and goodwill;

 

 

 

	 	3.	 	Party B engages in any form of counterfeit activities with respect to Party A’s
products;

	 	4.	 	Party B fails to provide after-sales service and technical support to product users in
accordance with Party A’s service standards and service contents, which results in
complaints by a large number of users.

If any of the following circumstances occurs, Party B is entitled to terminate this agreement
unilaterally without any liability for breach of contract:

	 	1.	 	Party A develops new franchisees within Party B’s franchised area during the term of
this agreement without Party B’s consent;

	 	2.	 	Party A refuses to provide product-related marketing and training materials or
product-related technical training to Party B.

X. Termination of Agreement:

This agreement is automatically terminated upon the occurrence of any of the following
circumstances:

	 	1.	 	Expiration of this agreement;
	 
	 	2.	 	Mutual consent by the parties during the term of this agreement;

	 	3.	 	Failure by the parties to reach an agreement in the event that either party makes a
request to amend this agreement, which makes the further performance of this agreement
impossible.

XI. Renewal of Agreement:

The parties shall notify the other party in writing of its intention whether to renew this
agreement at least 30 days prior to the expiration hereof. This agreement may be renewed upon the
parties’ mutual consent. If either party fails to notify the other party prior to expiration, such
party shall be deemed to have agreed on the termination hereof, and the other party shall be
entitled to take any action without assuming any liability for breach of contract.

XII. Force Majeure:

A force majeure event means an event that both parties could not foresee when they entered into
this agreement, and the occurrence and consequences of which cannot be prevented or overcome by the
parties.

 

 

 

If it is impossible for either party to perform this agreement due to a force majeure event, it
shall promptly notify the other party of the reasons why it is impossible to perform this agreement
or it needs to delay its performance or perform part of this agreement, and it shall provide
legally valid supporting documents. Through consultation by both parties, the parties may approve a delay
of the performance, a partial performance or a waiver of performance, and part or all of the
liabilities for breach of contract may be exempted, if agreed by the parties. If a force majeure
event occurs after either party’s delayed performance, such party may not be exempted from all
liabilities for breach of contract.

XIII. Liability for Breach of Contract:

	 	1.	 	If the parties can not continue the performance of this agreement due to either party’s
breach, the breaching party shall pay the other party liquidated damages equal to 10% of
all amounts payable during the performance of this agreement.

	 	2.	 	If Party B fails to settle with Party A within the time limit as set forth herein,
Party B shall pay a late penalty to Party A, calculated at the bank lending interest rate
for such overdue period. The calculation shall be made according to the amount of the late
payment and related period.

XIV. Dispute Resolution:

Any dispute arising from this agreement shall be first settled through friendly negotiation. If
the parties fail to reach an agreement after negotiation, either party may bring a lawsuit to
Beijing Fengtai District People’s Court to settle such dispute by litigation.

XV. Matters not covered by this agreement shall be settled through consultation by both parties and
confirmed by a written agreement by the parties attached hereto. Such attachments shall be an
inseverable part of this agreement and have the same force and effect as this agreement.

This agreement shall be executed in four counterparts. Either party shall hold two counterparts
with each counterpart having the same force and effect. This agreement shall take effect upon the
parties’ execution with their corporate seals affixed to this agreement.

 

 

 

(Signature Page)

Party A:

Beijing Ninetowns Ports Software and Technology Co., Ltd.

[Seal]

Date: August 1, 2008

Party B:

Guangzhou Ninetowns Wang Li Software Co., Ltd.

[Seal]

Date: August 1, 2008EX-4.3

EXHIBIT
4.3

 

 

FLAGSTAR BANCORP, INC.,

     THE SHARES REPRESENTED BY THIS CERTIFICATE ARE ISSUED SUBJECT TO ALL PROVISIONS OF THE AMENDED AND
RESTATED ARTICLES OF INCORPORATION AND THE FOURTH AMENDED AND RESTATED BYLAWS OF THE CORPORATION AS
FROM TIME TO TIME AMENDED (COPIES OF WHICH ARE ON FILE AT THE PRINCIPAL EXECUTIVE OFFICE OF THE
CORPORATION). TO ALL OF WHICH THE HOLDER BY ACCEPTANCE HEREOF ASSENTS.

     THE
CORPORATION WILL FURNISH WITHOUT CHARGE TO EACH STOCKHOLDER WHO SO
REQUESTS, A FULL STATEMENT
OF THE DESIGNATIONS AND ANY PREFERENCES, CONVERSION AND OTHER RIGHTS, VOTING POWERS, RESTRICTIONS,
LIMITATIONS AS TO DIVIDENDS, QUALIFICATIONS, AND TERMS AND CONDITIONS OF REDEMPTION OF THE SHARES
OF EACH CLASS WHICH THE CORPORATION IS AUTHORIZED TO ISSUE. THE DIFFERENCES IN THE RELATIVE RIGHTS
AND PREFERENCES BETWEEN THE SHARES OF EACH SUCH SERIES OF PREFERRED STOCK TO THE EXTENT THEY HAVE
BEEN SET, AND THE AUTHORITY OF THE REQUESTS SHALL BE MADE IN WRITING TO THE SECRETARY OF THE
CORPORATION.

     THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE NOT SAVINGS ACCOUNTS, DEPOSITS OR OTHER
OBLIGATIONS OF A BANK AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER
GOVERNMENTAL AGENCY.

     THE
SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE
TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF EXCEPT WHILE A
REGISTRATION STATEMENT RELATING THERETO IS
IN EFFECT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM
REGISTRATION UNDER SUCH ACT OR SUCH LAWS EACH PURCHASER OF THE
SECURITIES REPRESENTED BY THIS INSTRUMENT IS NOTIFIED THAT THE SELLER
MAY BE RELYING ON THE EXEMPTION FROM SECTION 5 OF THE SECURITIES, ACT PROVIDED BY RULE 144A
THEREUNDER ANY TRANSFEREE OF THE SECURITIES REPRESENTED BY THIS
INSTRUMENT BY ITS ACCEPTANCE HEREOF
(1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL
BUYER” (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT, (2) AGREES THAT IT WILL NOT OFFER, SELL OR
OTHERWISE TRANSFER THE SECURITIES REPRESENTED BY THIS INSTRUMENT
EXCEPT (A) PURSUANT TO REGISTRATION STATEMENT WHICH IS THEN EFFECTIVE
UNDER THE SECURITIES ACT), (B) FOR SO LONG AS THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A. TO A PERSON IT REASONABLY [ILLEGIBLE] IS A “QUALIFIED INSTITUTIONAL BUYER” AS DEFINED IN RULE
144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED
INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE
144A, (C) [ILLEGIBLE] THE ISSUER OR (D) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND (3) AGREES [ILLEGIBLE] IT WILL GIVE TO EACH PERSON TO WHOM THE
SECURITIES REPRESENTED BY THIS INSTRUMENT ARE TRANSFERRED A NOTICE
SUBSTANTIALLY TO THE [ILLEGIBLE] FOR THIS LEGEND.

     The following abbreviations, when used in the inscription on the face of this certificate, shall be
construed as though they were written out in full according to applicable laws or regulations:

	 	 	 	 	 	 	 
	 

	 	TEN COM
	 	–
	 	as tenants in common
	 

	 	TEN ENT
	 	–
	 	as tenants by the entireties
	 

	 	JT TEN
	 	–
	 	as joint tenants with right of survivorship and not as tenants in common

	 	 	 	 	 	 	 
	UNIF GIFT WIN ACT–

	 	 	 	Custodian _
	 	 
	 

	 	 
	 	 	 	 
	 

	 	(Cust)
	 	 	 	(Minor)

	 	 	 
	under Uniform Gifts to Minors

	 
	 	 
	Act

	 	 
	 

	 	 
	 

	 	(State)

	 	 	 	 	 
	UNIF TRF MIN ACT–

	 	 	 	Custodian (until age                                         )
	 

	 	 	 	 
	 

	 	(Cust)	 	 

	 	 	 
	 
 

	 	under Uniform Transfers 
	(Minor)
	 	 

	 	 	 
	to Minors Act

	 	 
	 

	 	 
	 

	 	(State)

Additional abbreviations may also be used though not in the above list

	 	 	 
	FOR VALUE RECEIVED,

	 	hereby sell, assign and transfer unto
	 
	 	 
	PLEASE INSERT SOCIAL SECURITY OR OTHER

IDENTIFYING NUMBER OF ASSIGNEE
	 	 
	 

	 	 
	 
	 	 

      

(PLEASE PRINT OR
TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE OF ASSIGNEE)

      

      

	 	 	 
	 
 

	 	shares 

of the capital stock represented by the within Certificate, and do hereby irrevocably constitute
and appoint

	 	 	 
	 
 

	 	Attorney 

to transfer the said stock on the books of the within named Corporation with full power of
substitution in the premises.

	 	 	 
	Dated

	 	 
	 

	 	 

	 	 	 
	X
	 	 
	 

	 	 
	 
	 	 
	X
	 	 
	 

	 	 
	NOTICE

	 	THE SIGNATURE(S) TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME(S) AS WRITTEN UPON THE
FACE OF THE CERTIFICATE IN EVERY PARTICULAR WITHOUT ALTERATION OR
ENLARGEMENT OR ANY CHANGE WHATEVER

Signature(s) Guaranteed

	 	 	 
	By

	 	 
	 

	 	 

THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION [BANKS 

STOCKBROKERS. SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN 

APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM PURSUANT TO SEC RULE [ILLEGIBLE]

KEEP
THIS CERTIFICATE IN A SAFE PLACE, IF IT IS LOST, STOLEN, OR DESTROYED THE CORPORATION WILL
REQUIRE A BOND OF INDEMNITY AS A CONDITION TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE.

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