Document:

Exhibit 10.3 Promissory Note

Exhibit 10.3

UNSECURED PROMISSORY NOTE

PRINCIPAL AMOUNT:  

$11,928.10

LOAN DATE:  

February 4, 2011

EXECUTION DATE:

February 23, 2011

INTEREST RATE: 

10.00% SIMPLE INTEREST

BORROWER:

ROSTOCK VENTURES CORP.

LENDER:

TUCKER INVESTMENTS

PAYMENT:

$11,928.10 DUE ON DEMAND 

1.

Principal Repayment.  For value received, Rostock Ventures Corp., a Nevada corporation (the “Borrower”) hereby unconditionally promises to pay to the order of Tucker Investments (the “Lender”), the principal amount of Eleven Thousand Nine Hundred Twenty Eight Dollars and Ten Cents ($11,928.10), with simple interest accruing at a annual rate of 10.00% thereon. The principal amount is due and payable on the one year anniversary of the execution date (the “Due Date”).

2.

Payment Terms. Borrower shall pay the principal and any accrued interest in full on or before Due Date.

3.

Default. Borrower will be in default if any of the following occur: 

(a)

Borrower fails to make the Principal Repayment when due; 

(b)

Borrower breaks any promise Borrower has made to Lender in this Note or Borrower fails to perform promptly at the time and strictly in the manner provided in this Note; 

(c)

Any representation or statement made or furnished to Lender by Borrower or on Borrower's behalf in connection with this Note is false or misleading in any material respect; or, 

(d)

A receiver is appointed for any part of Borrower's property, Borrower makes an assignment for the benefit of creditors, or any proceeding is commenced either by Borrower or against Borrower under any Bankruptcy or insolvency laws seeking the liquidation or reorganization of Borrower and such proceeding is not dismissed within 60 days after such filing.

4.

Borrower’s Right to Prepay.  Borrower may pay without penalty, all or a portion of the amount owed earlier that it is due. Any prepayment shall be first applied against any accrued and unpaid interest and then to reduce the amount of principal due under this Note.

5.

Waiver of Demand, Presentment, etc. The Borrower hereby expressly waives demand and presentment for payment, notice of nonpayment, protest, notice of protest, notice of dishonor, notice of acceleration or intent to accelerate, bringing of suit and diligence in taking any action to collect amounts called for hereunder and shall be directly and primarily liable for the payment of all sums owing and to be owing hereunder, regardless of and without any notice, diligence, act or omission as or with respect to the collection of any amount called for hereunder.

6.

Payment.  Except as otherwise provided for herein, all payments with respect to this Note shall be made in lawful currency of the United States of America by check or wire transfer of immediately available funds, at the option of the Lender, at the principal office of the Lender or such other place or places or designated accounts as may be reasonably specified by the Lender of this Note in a written notice to the Borrower at least one (1) business day prior to payment. 

7.

Assignment.  The rights and obligations of the Borrower and the Lender of this Note shall be binding upon, and inure to the benefit of, the permitted successors, assigns, heirs, administrators and transferees of the parties hereto.

8.

Waiver and Amendment.  Any provision of this Note, including, without limitation, the due date hereof, and the observance of any term hereof, may be amended, waived or modified (either generally or in a particular instance and either retroactively or prospectively) only with the written consent of the Borrower and the Lender

9.

Notices. Any notice, request or other communication required or permitted hereunder shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by registered or certified mail, postage prepaid, or delivered by facsimile transmission, to the Borrower at the address or facsimile number set forth herein or to the Lender at its address or facsimile number set forth in the records of the Borrower.  Any party hereto may by notice so given change its address for future notice hereunder.  Notice shall conclusively be deemed to have been given when personally delivered or when deposited in the mail in the manner set forth above and shall be deemed to have been received when delivered or, if notice is given by facsimile transmission, when delivered with confirmation of receipt.

10.

Severability.  If one or more provisions of this Note are held to be unenforceable under applicable law, such provisions shall be excluded from this Note, and the balance of this Note shall be interpreted as if such provisions were so excluded and shall be enforceable in accordance with its terms.

11.

Headings.  Section headings in this Note are for convenience only, and shall not be used in the construction of this Note.

IN WITNESS WHEREOF, the Borrower has caused this Note to be issued as of the date first above written.

ROSTOCK VENTURES CORP.

By:  /s/ Luis Carrillo        

        Name: Luis Carrillo

        Title: CEO

2ex10-1.htm

  

 

SEARCH BY HEADLINES.COM CORP.

 

ADDENDUM TO LOAN AGREEMENT

 

Further to that certain Loan Agreement dated January 16, 2012 (the “Loan Agreement”) between Search By Headlines.com Corp. (the “Lender”) and Naked Boxer Brief Clothing Inc. (the “Borrower”), the Lender and the Borrower agree, for good and valuable consideration, the receipt of which is acknowledged by each party, to, in accordance with Section 2.2 of the Loan Agreement, increase the principal amount of the Loan (as defined in the Loan Agreement) by $25,000 (the “Second Advance”) to a total of $75,000, of which $50,000 has previously been provided by the Lender to the Borrower, and an additional $25,000 will be provided by the Lender to the Borrower upon the execution of this Addendum.

 

The Lender and the Borrower agree that this Addendum forms a part of and is subject to the terms and conditions set out in the Loan Agreement and that the Second Advance forms part of the Loan and the Borrower’s Indebtedness (as those terms are defined in the Loan Agreement).  The Lender and the Borrower agree that the Loan Agreement and the General Security Agreement dated January 16, 2012 of the Borrower in favour of the Lender each remain in full force and effect and all of the terms and conditions in the Loan Agreement remain the same, except to the extent expressly amended by this Addendum.

 

This Addendum will be governed by and construed in accordance with the laws of the Province of British Columbia and any federal laws of Canada applicable therein, and the Borrower and the Lender hereby attorn to the jurisdiction of the courts of competent jurisdiction of the Province of British Columbia in any proceeding hereunder.

 

This Addendum may be signed by the parties in counterparts and delivered by facsimile transmission or other form of electronic communication capable of producing a printed copy.

 

This Addendum is effective as of the 4th day of April, 2012.

	
SEARCH BY HEADLINES.COM CORP.

 

 

Per: /s/ James Geiskopf

      Authorized Signatory

	  	  
	  	  	  
	
NAKED BOXER BRIEF CLOTHING INC.

 

 

Per: /s/ Joel Primus

      Authorized Signatoryex10-2.htm

  

 

SEARCH BY HEADLINES.COM CORP.

 

SECOND ADDENDUM TO LOAN AGREEMENT

 

 

Further to that certain Loan Agreement dated January 16, 2012 (the “Loan Agreement”) between Search By Headlines.com Corp. (the “Lender”) and Naked Boxer Brief Clothing Inc. (the “Borrower”), the Lender and the Borrower agree, for good and valuable consideration, the receipt of which is acknowledged by each party, to, in accordance with Section 2.2 of the Loan Agreement, increase the principal amount of the Loan (as defined in the Loan Agreement) by $150,000 (the “Third Advance”) to a total of $225,000, of which $75,000 has previously been provided by the Lender to the Borrower, and an additional $150,000 will be provided by the Lender to the Borrower upon the execution of this Addendum.

 

The Lender and the Borrower agree that this Addendum forms a part of and is subject to the terms and conditions set out in the Loan Agreement and that the Third Advance forms part of the Loan and the Borrower’s Indebtedness (as those terms are defined in the Loan Agreement).  The Lender and the Borrower agree that the Loan Agreement and the General Security Agreement dated January 16, 2012 of the Borrower in favour of the Lender each remain in full force and effect and all of the terms and conditions in the Loan Agreement remain the same, except to the extent expressly amended by this Addendum.

 

This Addendum will be governed by and construed in accordance with the laws of the Province of British Columbia and any federal laws of Canada applicable therein, and the Borrower and the Lender hereby attorn to the jurisdiction of the courts of competent jurisdiction of the Province of British Columbia in any proceeding hereunder.

 

This Addendum may be signed by the parties in counterparts and delivered by facsimile transmission or other form of electronic communication capable of producing a printed copy.

 

This Addendum is effective as of the 11th day of April, 2012.

	
SEARCH BY HEADLINES.COM CORP.

 

 

Per: /s/ James Geiskopf                                                                            

      Authorized Signatory

	  	  
	  	  	  
	
NAKED BOXER BRIEF CLOTHING INC.

 

 

Per: /s/ Joel Primus                                                                 

      Authorized SignatoryExhibit 4.13

 

(English Translation)

 

August 15, 2000

 

 

51net.com Inc.

 

and

 

Qianjin Network Information Technology (Shanghai) Co., Ltd.

 

 

	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Domain   Name License Agreement
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    

 

 

PRC      Beijing

 

 

Table of Contents

 

	
ARTICLE I
    	
LICENSE
    	
3
    
	
 
    	
 
    	
 
    
	
ARTICLE II
    	
LICENSE FEES
    	
3
    
	
 
    	
 
    	
 
    
	
ARTICLE III
    	
OWNERSHIP
    	
4
    
	
 
    	
 
    	
 
    
	
ARTICLE IV
    	
CONFIDENTIALITY
    	
4
    
	
 
    	
 
    	
 
    
	
ARTICLE V
    	
REPRESENTATIONS AND WARRANTIES
    	
4
    
	
 
    	
 
    	
 
    
	
ARTICLE VI
    	
RIGHTS AND OBLIGATIONS
    	
5
    
	
 
    	
 
    	
 
    
	
ARTICLE VII
    	
QUALITY OF 51NET WEBSITE
    	
5
    
	
 
    	
 
    	
 
    
	
ARTICLE VIII
    	
COMPETITIVE DOMAIN NAME
    	
5
    
	
 
    	
 
    	
 
    
	
ARTICLE IX
    	
EFFECTIVE DATE, EFFECTIVENESS AND   EXTENSION
    	
5
    
	
 
    	
 
    	
 
    
	
ARTICLE X
    	
TERMINATION
    	
6
    
	
 
    	
 
    	
 
    
	
ARTICLE XI
    	
EFFECTIVENESS OF TERMINATION
    	
6
    
	
 
    	
 
    	
 
    
	
ARTICLE XII
    	
TAXES
    	
6
    
	
 
    	
 
    	
 
    
	
ARTICLE XIII
    	
LIABILITIES OF BREACH OF AGREEMENT
    	
6
    
	
 
    	
 
    	
 
    
	
ARTICLE XIV
    	
FORCE MAJEURE EVENT
    	
6
    
	
 
    	
 
    	
 
    
	
ARTICLE XV
    	
NOTICE
    	
6
    
	
 
    	
 
    	
 
    
	
ARTICLE XVI
    	
TRANSFER OF RIGHTS AND OBLIGATIONS
    	
7
    
	
 
    	
 
    	
 
    
	
ARTICLE XVII
    	
GOVERNING LAW
    	
7
    
	
 
    	
 
    	
 
    
	
ARTICLE XVIII
    	
DISPUTES RESOLUTION
    	
7
    
	
 
    	
 
    	
 
    
	
ARTICLE XIX
    	
MODIFICATION AND AMENDMENTS
    	
7
    
	
 
    	
 
    	
 
    
	
ARTICLE XX
    	
SEVERABILITY
    	
7
    
	
 
    	
 
    	
 
    
	
ARTICLE XXI
    	
ATTACHMENTS
    	
7
    
	
 
    	
 
    	
 
    
	
ARTICLE XXII
    	
MISCELLANEOUS
    	
7
    

 

2

 

Domain Name License Agreement

 

This Domain Name License Agreement (“Agreement”) is made and entered into on August 15, 2000 in Beijing, People’s Republic of China (“PRC”) by and between the following two parties.

 

Licensor: 51net.com Inc.

 

Licensee: Qianjin Network Information Technology (Shanghai) Co., Ltd.

 

WHEREAS:

 

1.                  Licensor is a company organized under the laws of the British Virgin Islands with its registered office at c/c Offshore Incorporations Limited, P.O. Box 957, Offshore Incorporation Centre, Road Town, Tortola, British Virgin Islands and has legally obtained and owns the domain name under this Agreement.

 

2.                  Licensee is a company duly registered, organized and validly existing under PRC laws.

 

3.                  Licensor agrees to grant to Licensee the license to use the foresaid domain name in accordance with the terms and conditions of this Agreement, and Licensee agrees to accept such license in accordance with the same terms and conditions.

 

NOW THERFORE, the parties hereof agree as follows:

 

ARTICLE I                             License

 

1.1             Grant of Domain Name License

 

In accordance with this Agreement, Licensor agrees to grant to Licensee and the Licensee agrees to accept the license (“Domain Name License”) to use the domain name www.51job.com , www.51net.com (“51net Domain Name”).

 

1.2             Territories of the Domain Name License

 

a.              Domain Name License granted hereunder shall be effective only on the 51net website operated by Licensee, i.e., http://www.51job.com and http://www.51net.com (“51net Website”).  Licensee hereby agrees that it shall not use or authorize others to use 51net Domain Name, directly or indirectly, in any means other than as provided in this Agreement.

 

b.              Domain Name License granted under this Agreement is effective only within the territory of the PRC (excluding Hong Kong, Macau and Taiwan).  Licensee agrees that it shall not use or authorize others to use 51net Domain Name, directly or indirectly, in other countries or areas.

 

ARTICLE II                        License Fees

 

2.1             Calculation of Domain Name License Fees

 

Licensee agrees to pay Domain Name License fees to Licensor for Domain Name License granted under this Agreement and for use of 51net Domain Name, and the parties shall determine the specific fee amount through mutual negotiation.

 

2.2             Payment of Domain Name License Fees

 

Licensee will pay the Domain Name License fees to Licensor according to the timeline agreed to by both parties.

 

3

 

ARTICLE III                   Ownership

 

The ownership of 51net Domain Name shall rest with Licensor.  Licensee hereby acknowledges the value of the goodwill related to 51net Domain Name.  Licensee hereby confirms that, the value in connection with 51net Domain Name, including the value of goodwill related to 51net Domain Name which has been formed as of the date of this Agreement and the value of goodwill in connection with 51net Domain Name arising from the use of 51net Domain Name by Licensee and the operation of 51net Website by Licensee during the effective term of this Agreement, shall be owned by Licensor.

 

ARTICLE IV                    Confidentiality

 

4.1             Licensee shall keep confidential any and all confidential data and information that Licensee learned or accessed due to its acceptance of the foresaid Domain Name License (“Confidential Information”).

 

4.2             Upon the termination of this Agreement, Licensee shall return any and all documents, information or software containing the Confidential Information to Licensor at the request of Licensor, or destroy the same or delete any Confidential Information from any relevant memory device, and it shall not continue to use such Confidential Information.

 

4.3             Without prior written consent of Licensor, Licensee shall not disclose the Confidential Information to any third party.

 

4.4             Without prior written consent of Licensor, Licensee shall not use the Confidential Information for purposes other than this Agreement.

 

4.5             The Parties agree that, this confidentiality provision shall survive the modification, dissolution or termination of this Agreement.

 

ARTICLE V                         Representations and Warranties

 

5.1             Licensor hereby undertakes and warrants that:

 

a.              Licensor is a company registered and organized and duly existing under the laws of the British Virgin Islands;

 

b.              Licensor has the power and authorization to execute and perform this Agreement, and the execution and performance of this Agreement by Licensor conform to the stipulations in its business scope, articles of association and other incorporation documents, and Licensor has obtained all necessary and appropriate approvals and authorizations for the execution and performance of this Agreement;

 

c.               the execution and performance of this Agreement by Licensor do not violate any laws and regulations or governmental approval, authorization, notice or other government documents, which is binding upon or affects Licensor, or constitutes any default to any agreement entered into by Licensor and any third party or any undertaking to any third party; and

 

d.              this Agreement constitutes a legal and valid obligation enforceable against Licensor upon the execution of this Agreement.

 

5.2             Licensee hereby undertakes and warrants that:

 

a.              Licensee is a company registered and organized and duly existing under the PRC laws;

 

b.              Licensee has the power and authorization to execute and perform this Agreement, and the execution and performance of this Agreement by Licensee conform to the stipulations in its business scope, articles of association and other incorporation documents, and Licensee has obtained all necessary and appropriate approvals and authorizations for the execution and performance of this Agreement;

 

4

 

c.               the execution and performance of this Agreement by Licensor do not constitute any default or violation to any agreement entered into by Licensee and any third party or any undertaking to any third party;

 

d.              this Agreement constitutes legal and valid obligations enforceable against Licensee upon the execution of this Agreement;

 

e.               Licensee has obtained all governmental approvals, licenses, authorizations or permits to conduct Internet human resources services and Internet information provision business within the PRC; and

 

f.                Licensee shall use 51net Domain Name and operate 51net Website in strict accordance with relevant PRC laws and regulations and government requirements, and shall complete legal formalities with regard to government approvals and licenses of, and registration and filing with the authorities in connection with the use of 51net Domain Name and the operation of 51net Website.

 

ARTICLE VI                    Rights and Obligations

 

6.1             During the effective term of this Agreement, Licensor shall complete all legal procedures related to 51net Domain Name in accordance with the administrative regulations and requirements of the agency that 51net Domain Name is registered with, including without limitation the annual examination, and shall pay all expenses and fees in connection with 51net Domain Name.

 

6.2             Licensee shall not infringe any of Licensor’s rights to 51net Domain Name within the term of this Agreement or afterwards, and it shall not challenge the validity of 51net Domain Name and this Agreement.

 

6.3            Licensee agrees that it shall use its best efforts to assist Licensor to protect the Licensor’s rights to 51net Domain Name.  To protect the rights of Licensor to the 51net Domain Name from infringement, Licensor may file a claim or litigation in its own name, or in the name of Licensee or in the name of both Licensor and Licensee, and Licensor may respond to any claims or litigations in its own name, or in the name of Licensee or in the name of both Licensor and Licensee.

 

6.4             Licensee agrees that, once it becomes aware of any infringement of the rights of Licensor to 51net Domain Name, Licensee shall immediately notice Licensor in writing, and it is Licensor’s decision as to whether any action should be taken against such infringement.

 

6.5             Licensee agrees that it shall only use 51net Domain Name in accordance with this Agreement and it shall not use 51net Domain Name in any manner which,  in the opinion of Licensor, is fraudulent, misleading or otherwise detrimental to 51net Domain Name.

 

ARTICLE VII    Quality of 51net Website

 

Licensee shall use its best endeavors to improve the quality of 51net Website during the operation of the website so as to maintain and improve the goodwill and reputation represented by 51net Domain Name.

 

ARTICLE VIII    Competitive Domain Name

 

In the event that the domain names currently used or to be used by Licensee or its affiliates conflict with 51net Domain Name hereunder, Licensor has the right to terminate this Agreement with a prior written notice of thirty (30) days to Licensee.

 

ARTICLE IX                   Effective Date, Effectiveness and Extension

 

9.1             This Agreement shall be executed on and become effective as of the date first written above.  Unless otherwise terminated early pursuant to this Agreement, the term of this Agreement shall be two (2) years.

 

5

 

9.2             This Agreement may be extended upon the written consent of Licensor.

 

ARTICLE X                        Termination

 

10.1      This Agreement shall be terminated upon the expiration of the term of this Agreement, unless extended in accordance with this Agreement.

 

10.2      In the event that any party violates this Agreement and fails to remedy such violations within thirty (30) days of the receipt of a written notice from the other party requesting the remedy, the non-defaulting party may terminate this Agreement by written notice to the defaulting party.

 

10.3      Article 4 hereof shall survive the termination of this Agreement.

 

ARTICLE XI                   Effectiveness of Termination

 

Immediately upon the termination of this Agreement, Licensee shall return to Licensor all the rights granted by Licensor to Licensee under this Agreement and Licensor shall have the right to grant others the license to use 51net Domain Name and Licensee shall not use 51net Domain Name in any way.

 

ARTICLE XII              Taxes

 

Any taxes incurred due to the execution and performance of this Agreement shall be borne by parties respectively in accordance with relevant laws and regulations.

 

ARTICLE XIII    Liabilities of Breach of Agreement

 

13.1      In the event that any breach of this Agreement by a party causes losses and damages to the other party, the defaulting party shall be liable and compensate the non-defaulting party for all losses and damages.

 

13.2      Any allowance, grace period and deferred exercise of the rights entitled under this Agreement granted by one party in connection with the other party’s default or delay shall not be construed as a waiver of the same of the right of such party.

 

ARTICLE XIV    Force Majeure Event

 

14.1      The Force Majeure Event hereunder refers to governmental act, fire, explosion, typhoon, flood, earthquake, tide, lightning, war or any other events which are unforeseeable by and beyond the control of any party hereto.  In the event of a Force Majeure Event, the party affected by such event shall immediately notice the other party.

 

14.2      In the event of occurrence of Force Majeure Event, no party shall be held liable for the damages, losses or increased expenses arising from such party’s failure of or delay in the performance of this Agreement due to the Force Majeure Event, and the failure of or delay in the performance of the Agreement due to the Force Majeure Event shall not be deemed as a breach of this Agreement.  The party affected by the Force Majeure Event shall take all appropriate measures to set off or minimize the effect of the Force Majeure Event, and it shall use the best efforts to continue to perform the obligations the performance of which has been suspended or delayed.  After the Force Mejeure Event is eliminated, both parties agree that they shall use their best endeavors to continue to perform this Agreement.

 

ARTICLE XV               Notice

 

Any notice made under this Agreement shall be delivered to the other party by personal delivery, via facsimile or by registered mail.  A notice, if sent by registered mail, shall be deemed to have been served on the date recorded on the return receipt, if sent by personal delivery or via facsimile, shall be deemed to have been served on the date immediately following the date on which such notice is sent.  In the event that the notice is sent via facsimile, the original of such notice shall be sent by registered mail or by personal delivery immediately after the transmission.

 

6

 

ARTICLE XVI    Transfer of Rights and Obligations

 

Without the prior written consent of Licensor, Licensee shall not transfer, sublicense, or pledge any of its rights and obligations (including but not limited to Domain Name License) under this Agreement or otherwise impose any security interests upon the same.

 

ARTICLE XVII    Governing Law

 

The parties hereto agree that this Agreement shall be governed by the PRC laws.

 

ARTICLE XVIII    Disputes Resolution

 

18.1      All disputes arising from or in connection with this Agreement shall be resolved through friendly consultation between the parties hereto, failing which, either party may submit the dispute to China International Economic and Trade Arbitration Commission (“CIETAC”) in Beijing for arbitration in accordance with then effective arbitration rules of CIETAC.  The arbitration award shall be final and binding upon both parties hereto.

 

18.2      In the event that any disputes occur due to interpretation and performance of this Agreement or any disputes are under the arbitration, both parties hereto shall continue to perform their respective duties and obligations under this Agreement not subject to the disputes.

 

ARTICLE XIX    Modification and Amendments

 

Both parties may modify or supplement this Agreement by written agreement.  Any modification of and/or supplement to this Agreement constitute an integral part of this Agreement, and shall have the same legal effect with this Agreement.

 

ARTICLE XX    Severability

 

The invalidity of any provision under this Agreement shall not affect the effect and validity of other provisions hereunder.

 

ARTICLE XXI    Attachments

 

Attachments to this Agreement are an integral part of this Agreement and shall have the same legal effect as this Agreement.

 

ARTICLE XXII    Miscellaneous

 

The parties hereto have caused their respective authorized representatives to execute and affix their respective company seals to this Agreement on the date first written above, on which date this Agreement shall become effective. This Agreement shall be written in two (2) counterparts, one for Licensor and one for Licensee.  Both counterparts shall have the same legal effect.

 

Licensor: 51net.com Inc.

 

	
Authorized representative: For and on behalf of   51net.com Inc.
    	
/s/ Rick Yan
    

 

Licensee: Qianjin Network Information Technology (Shanghai) Co., Ltd.

 

	
Authorized representative: 
    	
/s/ Rick Yan
    

 

[Company Seal of Qianjin Network Information Technology (Shanghai) Co., Ltd.]

 

7

 

Supplemental Agreement to the Domain Name License Agreement

 

This Supplemental Agreement is made and entered into by and between the following two parties in Shanghai, China on August 15, 2002:

 

Licensor:                51net.com Inc. is a company organized under the laws of the British Virgin Islands with its registered office at c/c Offshore Incorporations Limited, P.O. Box 957, Offshore Incorporation Centre, Road Town, Tortola, British Virgin Islands. The Licensor has legally obtained and owns the domain name under this Agreement.

 

Licensee:                Qianjin Network Information Technology (Shanghai) Co., Ltd. is a company duly registered, organized and validly existing under PRC laws.

 

Whereas:

 

1.              The Domain Name License Agreement entered into by both parties on August 15, 2000 has a term of two years.

 

Through negotiation, both parties agree to enter into the following supplemental agreement:

 

2.              Under provision 9.2 of the original Domain Name License Agreement, both parties agree to extend the term of the Agreement for eight (8) years until August 14, 2010;

 

3.              All other provisions of the original Domain Name License Agreement are unchanged.

 

Licensor: 51net.com Inc.

 

	
Signature of   Authorized Representative: For and on behalf of 51net.com Inc.:
    	
/s/ Rick Yan
    
	
Name: Director, Rick   Yan
    	
 
    
	
Position:
    	
 
    

 

Party B: Qianjin Network Information Technology (Shanghai) Co., Ltd.

 

[Company Seal of Qianjin Network Information Technology (Shanghai) Co., Ltd.]

 

	
Signature of   Authorized Representative: 
    	
/s/ Rick Yan
    
	
Name: Zhen Ronghui
    	
 
    
	
Position: Legal   representative
    	
 
    

 

 

Supplemental Agreement II to the Domain Name License Agreement

 

This Supplemental Agreement is made and entered into by and between the following two parties in Shanghai, China on August 15, 2010:

 

Licensor:                51net.com Inc. is a company organized under the laws of the British Virgin Islands with its registered office at c/c Offshore Incorporations Limited, P.O. Box 957, Offshore Incorporation Centre, Road Town, Tortola, British Virgin Islands. The Licensor has legally obtained and owns the domain name under this Agreement.

 

Licensee:                 Qianjin Network Information Technology (Shanghai) Co., Ltd. is a company duly registered, organized and validly existing under PRC laws.

 

Whereas:

 

4.              The Domain Name License Agreement entered into by both parties on August 15, 2000 has a term of two years.

 

5.             Under the Supplemental Agreement to the Domain Name License Agreement entered into by both parties on August 15, 2002, the term was extended until August 14, 2010.

 

Through negotiation, both parties agree to enter into the following supplemental agreement:

 

6.              Under provision 9.2 of the original Domain Name License Agreement, both parties agree on the basis of provision 2 of this Supplemental Agreement to extend the term for another eight (8) years until August 14, 2018;

 

7.              All other provisions of the original Domain Name License Agreement are unchanged.

 

8.              This Supplemental Agreement is an integral part of the original Domain Name License Agreement and has the same legal effect. This Agreement is effective upon receipt of the signature and seal of the authorized representatives.

 

Licensor: 51net.com Inc.

 

	
Signature of   Authorized Representative: For and on behalf of 51net.com Inc.: 
    	
/s/ Rick Yan
    
	
Name/Position:
    	
 
    

 

Party B: Qianjin Network Information Technology (Shanghai) Co., Ltd.

 

[Company Seal of Qianjin Network Information Technology (Shanghai) Co., Ltd.]

 

	
Signature of   Authorized Representative: 
    	
/s/ Yu Haijun
    
	
Name/Position:

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