Document:

Fourth Amended and Restated Voting Agreement, dated as of July 28, 2010

  
 Exhibit 4.8

 Execution Version 
 STARCLOUD MEDIA CO., LIMITED 
 FOURTH AMENDED AND RESTATED VOTING
AGREEMENT 
 July 28, 2010 

  
 STARCLOUD MEDIA CO.,
LIMITED 
 FOURTH AMENDED AND RESTATED VOTING AGREEMENT 

This Fourth Amended and Restated Voting Agreement (this “Agreement”) is made and entered into as of July 28, 2010,
by and among: 
 (1) StarCloud Media Co., Limited, a company incorporated under the British Virgin Islands International
Business Companies Act, 1984 and re-registered under the British Virgin Islands Business Companies Act, 2004 as a business company limited by shares in the British Virgin Islands (the “Company”); 

(2) Each of the entities listed on Schedule A hereto (the “Series A Investor”); 

(3) Each of the entities listed on Schedule B hereto (the “Series B Investor”); 

(4) Each of entities listed on Schedule C hereto (the “Series C Investor”); 

(5) Each of the entities listed on Schedule D hereto (the “Series D Investor”); 

(6) Each of the entities listed on Schedule E hereto (the “Series E Investor”; together with the Series A
Investor, the Series B Investors, the Series C Investors, and the Series D Investors, the “Investors” and each an “Investor”); and 
 (7) Each of the entities (each an “Ordinary Shareholder” and collectively, the “Ordinary Shareholders”) and each of the individuals (each a “Founder” and
collectively, the “Founders”) listed on Schedule F hereto. The Investors and the Ordinary Shareholders are collectively referred to herein as the “Shareholders”. 

RECITALS 

A. The Ordinary Shareholders currently own Ordinary Shares of the Company (the “Ordinary Shares”). 

B. The Company has previously issued to the Series A Investor Series A Preferred Shares of the Company (the “Series A
Shares”) pursuant to that certain Share Subscription Agreement, dated December 20, 2005, by and among the Company, the Series A Investor and certain other parties thereto. 

C. The Company has also previously issued to the Series B Investors Series B Preferred Shares of the Company (the “Series B
Shares”) pursuant to that certain Series B Preferred Shares Purchase Agreement, dated May 10, 2006, by and among the Company, the Series B Investors and certain other parties thereto. 

D. The Company has also previously issued to the Series C Investors Series C Preferred Shares of the Company (the “Series C
Shares”) pursuant to that certain Series C Preferred Shares Purchase Agreement, dated April 13, 2007, by and among the Company, the Series C Investors and certain other parties thereto and that certain Accession Agreement, dated April
29, 2007, by and between the Company and CA-JAIC China Internet Fund. 

  
 E. The Company has
also previously issued to the Series D Investors Series D Preferred Shares of the Company (the “Series D Shares”) pursuant to that certain Series D Preferred Shares Purchase Agreement, dated March 26, 2008, by and among the
Company, the Series D Investors and certain other parties thereto. 
 F. The Company is issuing to the Series E Investors Series
E Preferred Shares of the Company (the “Series E Shares”, and together with the Series A Shares, the Series B Shares, the Series C Shares, and the Series D Shares, the “Preferred Shares”) pursuant to a Series E
Preferred Shares Purchase Agreement, dated as of July 16, 2010, by and among the Company, the Series E Investors and certain other parties thereto (the “Series E Purchase Agreement”). 

G. The Company’s Seventh Amended and Restated Memorandum of Association (the “Amended Memorandum”) provides that
(i) Sennett Investments (as defined below) shall be entitled to elect one (1) director of the Company (the “Sennett Director”), (ii) the GGV Investors (as defined below) shall be entitled to elect one
(1) director of the Company (the “GGV Director”), (iii) the Crescent Investors (as defined below) shall be entitled to elect one (1) director of the Company (“Crescent Director”), (iv) the IDG
Investors (as defined below) shall be entitled to elect one (1) director of the Company (“IDG Director”), (v) the holders of a majority of the Ordinary Shares shall be entitled to elect two (2) directors of the
Company (each an “Ordinary Share Director”), and (vi) one (1) independent director of the Company (the “Independent Director”) may be (a) nominated by the Holders of a majority of the Ordinary Shares,
voting as a separate class, and approved by a majority of the Board; or (b) nominated by the Sennett Investments, and approved by a majority of the Board. 
 H. The parties hereto executed (i) a Voting Agreement on May 10, 2006, in connection with the issuance, sale and purchase of Series B Shares (the “Initial Voting Agreement”);
(ii) an Amended and Restated Voting Agreement on April 20, 2007 in connection with the issuance, sale and purchase of Series C Shares (the “First A&R Voting Agreement”); (iii) a Second Amended and Restated Voting
Agreement on April 14, 2008 in connection with the initial closing of the issuance, sale and purchase of Series D Shares (the “Second A&R Voting Agreement”); and (iv) a Third Amended and Restated Voting Agreement on
June 4, 2008, in connection with the second closing of the issuance, sale and purchase of Series D Shares (the “Third A&R Voting Agreement”; together with the Initial Voting Agreement, the First A&R Voting Agreement,
and the Second A&R Voting Agreement, the “Prior Voting Agreements”). 
 I. To induce the Series E Investors
to enter into the Series E Purchase Agreement and purchase Series E Shares thereunder, the parties hereto desire to enter into this Agreement. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the foregoing premises and
certain other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 1. Definitions. As used herein, the following terms shall have the following meanings: 
 (a) “Acquisition Transaction” means any reorganization, consolidation, merger, sale or transfer of the Company’s outstanding shares or similar transaction at arm’s length (other
than any sale of shares by the Company for capital raising purposes) in which Shareholders immediately prior to such reorganization, merger or consolidation, sale or transfer of shares or similar transaction owning a majority of the voting power do
not (by virtue of their ownership of securities or voting interest of the Company immediately prior to such transaction) beneficially own shares possessing a majority of the voting power of the surviving company or companies or acquiring entity, as
the case may be, immediately following such transaction. 

  
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 (b)
“Affiliated Entity” shall mean in respect of a person, any other person that, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such person, and (i) in the
case of a natural person, shall include, without limitation, such person’s spouse, parents, children, siblings, mother-in-law and father-in-law and brothers and sisters-in-law, (ii) in the case of an Investor, shall include (A) any
person who holds Shares as a nominee for such Investor, (B) any shareholder of such Investor, (C) any entity or individual which has a direct and indirect interest in such Investor (including, if applicable, any general partner or limited
partner) or any fund manager thereof; (D) any person that directly or indirectly controls, is controlled by, under common control with, or is managed by such Investor or its fund manager, (E) the relatives of any individual referred to in
(B) above, and (F) any trust controlled by or held for the benefit of such individuals. 
 (c) “Board
Designee” means any individual who is designated for election to the Company’s Board of Directors pursuant to Section 3 of this Agreement. 
 (d) “Capital Today Investors” means Capital Today Investment IV Limited and any of its Affiliated Entities. 
 (e) “Sennett Investments” means Sennett Investments (Mauritius) Pte Ltd. 
 (f) “Crescent Investors” means Crescent Peak Limited and any of its Affiliated Entities. 
 (g) “Designator” means any person, entity or group of persons or entities who, at the time in question, have the right to designate any Board Designee or Observer. 

(h) “GC Investors” means General Catalyst Group IV, L.P., GC Entrepreneurs Fund IV, L.P. and any of their Affiliated
Entities. 
 (i) “GGV Investors” means GGV II Delaware L.L.C. and any of its Affiliated Entities. 

(j) “IDG Investors” means IDG Technology Venture Investment III, L.P., IDG Technology Venture Investment IV, L.P. and
any of their Affiliated Entities. 
 (k) “Investor Group” means Sennett Investments, the GGV Investors, the
Crescent Investors, the Capital Today Investors, the GC Investors, the IDG Investors, the JAFCO Investors, the JAIC Investors, the KTB Investors and the Venrock Investors. 

  
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 (l) “JAFCO
Investors” means JAFCO Asia Technology Fund III and any of its Affiliated Entities. 
 (m) “JAIC
Investors” means CA-JAIC China Internet Fund and any of its Affiliated Entities. 
 (n) “KTB
Investors” means KTB China Optimum Fund and any of its Affiliated Entities. 
 (o) “Preferred Share
Directors” means the Sennett Director, the GGV Director, the Crescent Director, and the IDG Director. 
 (p)
“Sale of Assets” means (i) any sale at arm’s length of all or substantially all of the Company’s assets, properties or business; or (ii) a sale, transfer or a grant of an exclusive, irrevocable license of all or
substantially all of the proprietary rights, intellectual property or Material Permits (as defined in the Series E Purchase Agreement) including but not limited to the SARFT Permit (as defined in the Series E Purchase Agreement) owned, or controlled
by ownership, contractual rights or otherwise, by the Company to a third party. 
 (q) “Shareholders’
Agreement” means that certain Fifth Amended and Restated Shareholders’ Agreement, dated as of the date hereof, by and among the Company, the Investors, the Ordinary Shareholders and the Founders, or its successors or replacements.

 (r) “Venrock Investors” means Venrock Associates V, L.P., Venrock Partners V, L.P., Venrock Entrepreneurs
Fund V, L.P. and any of their Affiliated Entities. 
 Terms not otherwise defined herein shall have the meaning ascribed to them
in the Articles. 
 2. Agreement to Vote. 
 (a) Each of the parties hereto agrees to vote all of the shares of the Company now owned or hereafter legally or beneficially acquired by such party (the “Shares”), and attend, in person
or by proxy, all meetings of shareholders called for the purpose of electing directors, and the Company agrees to take all actions (including, but not limited to the nomination of specified persons) to cause and maintain the election to the Board of
Directors of the Company, to the extent permitted pursuant to the Amended Memorandum. 
 (b) Grant of Proxy. Upon the
failure of any party to this Agreement to vote his/her/its shares of capital stock of the Company in accordance with the terms of this Agreement, such party hereby appoints and constitutes the Company as the attorney and proxy of such party with the
full power of substitution and resubstitution, to the full extent of such party’s rights, with respect to all voting capital stock of the Company owned by such shareholder, which proxy (the “Proxy”) shall be irrevocable until
this Agreement terminates pursuant to Section 21 hereof or this Agreement is amended to remove such party’s grant of proxy in accordance with Section 24 hereof, to vote all shares of capital stock then held by such party in the manner
provided in this Agreement. The parties agree that the Proxy is coupled with an interest. 

  
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 3. Designation of
Directors. Each of the Shareholders shall vote at any regular or special meeting of Shareholders such number of Shares as may be necessary, or in lieu of any such meeting, shall give such Shareholder’s written consent with respect to such
number of Shares as may be necessary, to designate: 
 (a) as the Sennett Director, the Board Designee nominated by the Sennett
Investments. 
 (b) as the Crescent Director, the Board Designee nominated by the Crescent Investors, the initial Board Designee
of whom shall be David Hand; 
 (c) as GGV Director, the Board Designee nominated by the GGV Investors, the initial Board
Designee of whom shall be Hany Mosad Nada; 
 (d) as IDG Director, the Board Designee nominated by the IDG Investors, the
initial Board Designee of whom shall be Zhang Suyang; 
 (e) as the two (2) Ordinary Share Directors, the Board Designees
nominated by the holders of a majority of the then outstanding Ordinary Shares, the initial Board Designees of whom shall be Wang Wei and Lai Yung King; and 
 (f) as the Independent Director, the Board Designee (i) nominated by the holders of a majority of the then outstanding Ordinary Shares and approved by a majority of the Board of Directors of the
Company or (ii) nominated by the Sennett Investments and approved by a majority of the Board of Directors of the Company. 

The parties hereby undertake to take all actions necessary or desirable in order to timely effectuate the change to the director
designation mechanism pursuant to this Section 3, including without limitation making further amendments to and file and register the Amended Memorandum with the Registry of Corporate Affairs of the British Virgin Islands. 

4. Size of the Board of Directors. 
 (a) During the term of this Agreement, each Shareholder hereto agrees to vote all its Shares to maintain the authorized numbers of members of the Board of Directors of the Company so that the
Company’s Board of Directors shall consist of no more or less than seven (7) members, unless approved in a written resolution by (i) the shareholders of the Company in accordance with the Amended Memorandum, and (ii) all the
Preferred Share Directors. 
 (b) Alternate Preferred Director. The Preferred Share Director shall be entitled to
designate an alternate, anytime and from time to time, to serve at any meeting of the Board of Directors or of any committee thereto, and such alternate shall be permitted to attend all meetings of the Board of Directors or of any committee thereto
and vote on the Preferred Share Director’s behalf. 
 5. Removal and Filling of Vacancies. At any time from time to
time during the term of this Agreement, the Designator may, in its sole discretion: 
 (a) elect to remove, with or without
cause, from the Board of Directors any incumbent Board Designee who occupies a Board seat or any Observer who occupies an Observer seat for which such Designator then is entitled to designate the Board Designee or Observer under Section 3 above
and Section 7 below respectively; and/or 

  
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 (b) designate a new
Board Designee for election to a Board seat or a new Observer for which such Designator is then entitled to designate the Board Designee or Observer under Section 3 above and Section 7 below respectively (whether to replace a prior Board
Designee or Observer or to fill a vacancy in such Board seat or Observer seat). 
 In the event of such removal and/or
designation, each Shareholder agrees to vote its Shares as necessary under Section 3 above or Section 7 below to cause the removal from the Board of Directors of any Board Designee so designated for removal by the appropriate Designator
and the election to the Board of Directors of any new Board Designee so designated for election to the Board of Directors by the then appropriate Designator. 
 Neither the Investors nor any officer, director, shareholder, partner, employee or agent of any such party, makes any representation or warranty as to the fitness or competence of the Board Designee(s) of
any party hereunder to serve on the Company’s Board of Directors or Observer(s) by virtue of such party’s execution of this Agreement or by the act of such party in voting for such nominee pursuant to this Agreement. 

6. Board of Subsidiaries. At the request of any Designator designating a director of the Company hereunder, the Company agrees
that it shall vote all shares of capital stock of each Subsidiary now or hereafter directly or indirectly owned (of record or beneficially) by the Company to cause the Board of Directors, board of managers, supervisory board or similar governing
body of such Subsidiary to consist at the time of such request of the same individuals as who constitute the Board of Directors of the Company at such time. For purposes of this Agreement, “Subsidiary” shall mean any corporation,
partnership, trust or other entity of which the Company and/or any of its other subsidiaries directly or indirectly owns at the time a majority of the outstanding shares of every class of equity security of such corporation, partnership, trust or
other entity, including without limitation the WFOE (as defined in the Series E Purchase Agreement) and the ICP Company (as defined in the Series E Purchase Agreement). 
 7. Board Observers. The Company shall permit a representative (an “Observer”) designated by each of the GC Investors, JAFCO Investors, Capital Today Investors, KTB Investors, JAIC
Investors, Venrock Investors, and Sennett Investments to attend and speak at all meetings of the Board of Directors of the Company (whether in person, telephonic or other) in a nonvoting observer capacity and to have access to all the information
provided to the directors at such meetings, and shall provide to the Observer, concurrently with the directors, and in the same manner, notice and minutes of such meetings and a copy of all materials provided to the directors; provided, that
(i) such representative shall agree in writing to hold in confidence and trust and to act in a fiduciary manner with respect to all information so provided (the “Board Information”), and (ii) the Company shall have the
right to withhold any Board Information and to exclude such representative from attending any meeting or portion thereof if access to such Board Information or attendance at such meeting could adversely affect the client-attorney privilege between
the Company and its counsel or would result in disclosure of trade secrets to such representative. 

  
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 8. Permitted
Disclosure of Board Information. Each Board Designee and Observer shall be permitted to disclose Board Information to his or her designating Investor Group and its investment manager or Permitted Disclosees (as defined in the Shareholders’
Agreement) thereof or legal counsel, accountants or representatives for such Investor Group or any Permitted Disclosee thereof, so long as the recipient of such Board Information shall hold such information in accordance with the Shareholders’
Agreement. 
 9. Waiver. The Company acknowledges that each Investor will likely have, from time to time, information
that may be of interest to the Company or its Subsidiaries (the “Information”) regarding a wide variety of matters including (i) an Investor’s technologies, plans and services, and plans and strategies relating thereto,
(ii) current and future investments an Investor has made, may make, may consider or may become aware of with respect to other companies and other technologies, products and services, including technologies, products and services that may be
competitive with those of the Company or any of its Subsidiaries, and (iii) developments with respect to the technologies, products and services, and plans and strategies relating thereto, of other companies, including companies that may be
competitive with the Company or any of its Subsidiaries. The Company recognizes that a portion of such Information may be of interest to the Company or any of its Subsidiaries. Such Information may or may not be known by the Preferred Share
Directors or Observers. The Company, as a material part of the consideration for this Agreement, agrees that neither the Preferred Share Directors nor any Observer shall have any duty to disclose any Information to the Company or any of its
Subsidiaries, or permit the Company or any of its Subsidiaries to participate in any projects or investments based on any Information, or otherwise to take advantage of any opportunity that may be of interest to the Company or any of its
Subsidiaries if it were aware of such Information, and hereby waives, to the extent permitted by law, any claim based on the corporate opportunity doctrine or otherwise that could limit any Investor’s ability to pursue opportunities based on
such Information or that would require any Investor, any representative, any Preferred Share Director or the Observer to disclose any such Information to the Company or any of its Subsidiaries or offer any opportunity relating thereto to the Company
or any of its Subsidiaries. 
 10. Insurance and Indemnification. The Company shall procure customary directors and
officers insurance for the directors of the Company, covering an amount that is approved by a majority of the Board of Directors of the Company. Notwithstanding anything to the contrary in this Agreement or in the Amended Memorandum, the Company and
its Subsidiaries shall, jointly and severally, indemnify and hold harmless each Preferred Share Director and his or her alternate, to the fullest extent permissible by law, from and against all liabilities, damages, actions, suits, proceedings,
claims, costs, charges and expenses suffered or incurred by or brought or made against such Preferred Share Director or his alternate as a result of any act, matter or thing done or omitted to be done by him in good faith in the course of acting as
a director or alternate director, as applicable, of the Company or its Subsidiaries, by delivering to such Preferred Share Director or its alternate, at the time of its appointment as a director or an alternate director, an indemnification agreement
duly executed by the Company substantially in the form attached as Exhibit G of the Series E Purchase Agreement. 
 11.
Director Expenses . The Company shall reimburse Preferred Share Directors and Observers for all reasonable out-of-pocket expenses incurred in connection with the Board duties and meetings, up to US$10,000 per calendar year per
Preferred Share Director or Observer. 

  
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 12. Legend on Share
Certificates. 
 (a) Each certificate representing any Shares held by any party to this Agreement shall be endorsed by the
Company with a legend in substantially the following form: 
 “THE SHARES EVIDENCED HEREBY ARE SUBJECT TO A VOTING
AGREEMENT (A COPY OF WHICH MAY BE OBTAINED UPON WRITTEN REQUEST FROM THE COMPANY), AND BY ACCEPTING ANY INTEREST IN SUCH SHARES THE PERSON ACCEPTING SUCH INTEREST SHALL BE DEEMED TO AGREE TO AND SHALL BECOME BOUND BY ALL THE PROVISIONS OF SAID
VOTING AGREEMENT.” 
 (b) Removal of Legend. At any time after the termination of this Agreement in accordance with
Section 21, any holder of a share certificate legended pursuant to Section 12 may surrender such certificate to the Company for removal of the legend, and the Company will duly reissue a new certificate without the legend. 

13. Binding Effect. The provisions of this Agreement shall be binding upon the successors in interest to any of the Shares. The
Company shall not permit the transfer of any of its Shares or update its register of members unless and until the person to whom such security is to be transferred shall have executed a written agreement, substantially in the form of this Agreement,
pursuant to which such person becomes a party to this Agreement and agrees to be bound by all the provisions hereof as if such person were an Investor, as applicable, hereunder. 

14. Covenants of the Company. Subject to applicable law, the Company agrees to use its best efforts to ensure that the
rights granted hereunder are effective and that the parties hereto enjoy the benefits thereof. Such actions include, without limitation, the use of the Company’s best efforts to cause the nomination and election of the directors as provided
above. The Company will not, by any voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be performed hereunder by the Company, but will at all times in good faith assist in the carrying out of all of the
provisions of this Agreement and in the taking of all such actions as may be necessary, appropriate or reasonably requested by the person(s) entitled to designate a director in order to protect the rights of the parties hereunder against impairment.
 

  
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 15. Lock-up
Agreement. In connection with the initial underwritten public offering of securities of the Company, and in accordance with the provisions of the Shareholders’ Agreement, each Shareholder agrees not to (i) offer to sell, pledge, sell,
contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant for the sale of, or otherwise dispose of or transfer any interest in Shares or any securities convertible into or
exchangeable or exercisable for Shares (including, without limitation any Shares that such holder then holds or thereafter acquires the power of disposition over) or (ii) enter into any swap or any other agreement or any transaction that
transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of the Shares, whether any such swap transaction is to be settled by delivery of the Shares or other securities, in cash or otherwise, whether in privately
negotiated or open market transactions, without the consent of the managing underwriters during the 180-day period following the effective date of a registration statement filed in connection with the Company’s initial public offering under the
Securities Act of 1933, as amended (the “Securities Act”), and to enter into a lock-up or market standoff agreement or any other separate written agreement with the managing underwriters of such registration to such effect in form
and substance satisfactory to the Company and such underwriters. The obligations of each Shareholder under this Section 15 are subject to the following conditions: (a) the lock-up or market standoff agreement applies only to the first
registration statement of the Company which covers securities to be sold on its behalf to the public in an underwritten offering, but not to Registrable Securities (as defined in the Shareholders’ Agreement) actually sold pursuant to such
registration statement; (b) such Shareholder is reasonably satisfied that all directors, officers, and holders of one percent (1%) or more of any class of securities of the Company are bound by substantially identical restrictions;
(c) the lock-up or market standoff agreement provides that if any securities of the Company are to be excluded or released in whole or part from such restrictions, the underwriter shall so notify each Shareholder and each Shareholder shall be
excluded or released, in proportionate amounts to the extent of the exclusion or release with respect to any other holder of Company’s securities, including director, officer, or holder of one percent (1%) or more of any class of
securities of the Company subject to such restrictions; and (d) the lock-up or market standoff agreement by its terms permits transfers of Registrable Securities (as defined in the Shareholders’ Agreement) by any Shareholder to any
Affiliated Entity of such Shareholder during the restricted period, provided that such Affiliated Entity executes a lock-up or market standoff agreement substantively identical to that signed by the transferring Shareholder. The Company may impose
stop-transfer instructions with respect to the Shares subject to the foregoing restrictions until the end of said 180-day period. The underwriters in connection with the Company’s initial public offering are intended third party beneficiaries
of this Section 15 and shall have the right, power and authority to enforce the provisions hereto as though they were a party hereto. 
 16. Vendor Sale. To the extent the provisions of Section 3 of the Shareholders’ Agreement do not apply, if shares of the Company are offered in an underwritten public offering (whether or
not a Qualified IPO (as defined in the Shareholders’ Agreement)) for the account of any shareholder of the Company, each holder of Preferred Shares then outstanding shall have the right to include a pro-rata number of shares in the offering on
terms and conditions no less favorable to holders of Preferred Shares than to any other shareholder selling in the offering. 

17. Execution by the Company. The Company, by its execution in the space provided below, agrees that it will cause the
certificates evidencing the Shares and the Company’s register of members to bear the legend required by Section 12 herein, and it shall supply, free of charge, a copy of this Agreement to any holder of a certificate evidencing Shares
containing such legend upon written request from such holder to the Company at its principal office. The parties hereto do hereby agree that the failure to cause the certificates evidencing the appropriate Shares to bear the legend required by
Section 12 herein and/or failure of the Company to supply, free of charge, a copy of this Agreement as provided under this Section 17 shall not affect the validity or enforcement of this Agreement. 

  
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 18. Specific
Enforcement. Except as otherwise provided herein, any and all remedies herein expressly conferred upon a party will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by law or equity upon such party, and the
exercise by a party of any one remedy will not preclude the exercise of any other remedy. The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with
their specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled to seek an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof, this
being in addition to any other remedy to which they are entitled at law or in equity. 
 19. Titles and Subtitles. The
titles and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement. All references in this Agreement to sections, paragraphs and exhibits shall, unless otherwise
provided, refer to sections and paragraphs hereof and exhibits attached hereto. 
 20. Notices. All notices and other
communications required or permitted hereunder shall be in writing and shall be sent by facsimile or mailed by electronic, registered or certified mail or by overnight courier or otherwise delivered by hand or by messenger, addressed: 

(i) if to an Investor, at the Investor’s address, as shown on Schedule A, Schedule B, Schedule C, Schedule
D, and Schedule E hereto respectively, or at such other address as the Investors shall have furnished to the Company in writing; 
 (ii) if to an Ordinary Shareholder, at the Ordinary Shareholder’s address, as shown on Schedule F hereto, or at such other address as the Ordinary Shareholders shall have furnished to the
Company in writing; 
 (iii) if to a Founder, at the Founder’s address, as shown on Schedule F hereto, or at such
other address as the Founders shall have furnished to the Company in writing; 
 (iv) if to any other holder of any shares
subject to this Agreement, at such address as such holder shall have furnished the Company in writing, or, until any such holder so furnishes an address to the Company, then to and at the address of the last holder of such shares who has so
furnished an address to the Company; and 
 (v) if to the Company, at the address of its principal corporate offices
(attention: President), or at such other address as the Company shall have furnished to the Shareholders. 
 Where a notice is
sent by mail, service of the notice shall be deemed to be effected by properly addressing, pre-paying and mailing a letter containing the notice, and to have been effected at the expiration of three (3) business days after the letter containing
the same is mailed as aforesaid. 
 Where a notice is sent by overnight courier, service of the notice shall be deemed to be
effected by properly addressing, and sending such notice through an internationally recognized express courier service, delivery fees pre-paid, and to have been effected three (3) business days following the day the same is sent as aforesaid.
Notwithstanding anything to the contrary in this Agreement, notices sent to Investors (and their permitted assigns) shall only be delivered by internationally recognized express courier service pursuant to this paragraph. 

  
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 Where a notice is
delivered by facsimile, electronic mail, by hand or by messenger, service of the notice shall be deemed to be effected upon delivery or successful transmission record being generated by the sender’s machine. 

21. Term. This Agreement shall terminate and be of no further force or effect on the earliest of immediately prior to the earlier
of: (i) the effectiveness of the registration statement for the Company’s first firm commitment underwritten public offering registered under the Securities Act or pursuant to the securities laws applicable to an offering of securities in
another jurisdiction pursuant to which such securities will be listed on an internationally-recognized securities exchange, and (ii) the closing of a Sale of Assets or an Acquisition Transaction. 

22. Manner of Voting. The voting of shares pursuant to this Agreement may be effected in person, by proxy, by written consent, or
in any other manner permitted by applicable law. 
 23. Aggregation. All Shares of the Company held or acquired by an
Affiliated Entity shall be aggregated together for the purpose of determining the availability of any rights under this Agreement which are triggered by the beneficial ownership of a threshold number of shares of the Company’s capital shares.

 24. Amendments and Waivers. With the written consent of the Company and the Purchasers representing not less than
three-fourths (3/4) of the Preferred Shares then outstanding on an as-converted basis (including Ordinary Shares issued upon conversion of the Preferred Shares), the obligations of the Company, the Ordinary Shareholders, the Founders, and the
Investors under this Agreement may be amended and any of its terms may be waived (either generally or in a particular instance, either retroactively or prospectively and either for a specified period of time or indefinitely) and any amendments or
waivers so approved shall be binding as to all parties. Neither this Agreement nor any provisions hereof may be changed, waived, discharged or terminated orally, but only by a signed statement in writing. Notwithstanding anything to the contrary in
this Section 24 no waiver or amendment which would have the effect of altering the rights and obligations of the Ordinary Shareholders and/or the Founders in relation to the rights and obligations of the Investors shall be effective against the
Ordinary Shareholders and/or the Founders without the consent of holders of a majority of the then outstanding Ordinary Shares. If an amendment or waiver affects any Founder, Ordinary Shareholder or Investor in a manner that is different from the
effect thereof on all other Founders, Ordinary Shareholders or Investors, or imposes any material obligation or liability on a Founder, Ordinary Shareholder or Investor beyond that already imposed on such Founder, Ordinary Shareholder or Investor
hereunder prior to such amendment or waiver, then the written consent of such Founder, Ordinary Shareholder or Investor shall be required in order for such amendment or waiver to be effective and binding. Upon the effectuation of each such waiver,
consent, agreement, amendment or modification, the Company shall promptly give written notice thereof to the record holders of the Preferred Shares and Ordinary Shares who have not previously consented thereto in writing. 

  
 12 

  
 25. Delays or
Omissions. No delay or omission to exercise any right, power or remedy accruing to any party under this Agreement, upon any breach or default of any other party under this Agreement, shall impair any such right, power or remedy of such
non-breaching or non-defaulting party nor shall it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of or in any similar breach or default thereafter occurring; nor shall any waiver of any single breach or
default be deemed a waiver of any other breach or default theretofore or thereafter occurring. Any waiver, permit, consent or approval of any kind or character on the part of any party of any breach or default under this Agreement, or any waiver on
the part of any party of any provisions or conditions of this Agreement, must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement or by law otherwise affording to
any party, shall be cumulative and not alternative. 
 26. Share Splits, Share Dividends, etc. All references to the
number of shares in this Agreement shall be appropriately adjusted to reflect any share split, share dividend or other change in the capital stock which may be made by the Company after the Closing. In the event of any issuance of any shares of
capital stock or other securities of the Company issued on, or in exchange for, any of the Shares by reason of a share split, share dividend, recapitalization, reorganization, or the like, such shares or securities shall be deemed to be Shares for
purposes of this Agreement and shall be endorsed with the legend set forth above. 
 27. Severability. If any provision
of this Agreement shall be determined to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

28. Successors. Except as otherwise expressly provided herein, the provisions of this Agreement shall inure to the benefit of and
be binding upon the parties hereto and their respective heirs, successors, assigns, administrators and executors. 
 29.
Governing Law and Dispute Settlement. This Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the State of New York as such laws are applied to agreements between New York residents entered
into and to be performed within New York without regard to principles of conflicts of laws. Each of the parties hereto irrevocably (i) agrees that any dispute or controversy arising out of, relating to, or concerning any interpretation,
construction, performance or breach of this Agreement, shall be settled by arbitration to be held in Hong Kong under the UNCITRAL Arbitration Rules in accordance with the HKIAC Procedures for the Administration of International Arbitration in force
at the date of this Agreement (the “Arbitration Rules”), (ii) waives, to the fullest extent it may effectively do so, any objection which it may now or hereafter have to the laying of venue of any such arbitration, and
(iii) submits to the exclusive jurisdiction of Hong Kong in any such arbitration. There shall be three arbitrators, selected in accordance with the Arbitration Rules, and at least one arbitrator is qualified to practise New York law. The
arbitration shall be conducted in English. The decision of the arbitration tribunal shall be final, conclusive and binding on the parties to the arbitration. Judgment may be entered on the arbitration tribunal’s decision in any court having
jurisdiction. The parties to the arbitration shall each pay an equal share of the costs and expenses of such arbitration, and each party shall separately pay for its respective counsel fees and expenses; provided, however, that the prevailing party
in any such arbitration shall be entitled to recover from the non-prevailing party its reasonable costs and attorney fees. The parties acknowledge and agree that, in addition to contract damages, the arbitrators may award provisional and final
equitable relief, including injunctions, specific performance, and lost profits. 

  
 13 

  
 30. Entire
Agreement. This Agreement, the Series E Purchase Agreement, and the Shareholders’ Agreement constitute the full and entire understanding and agreement between the parties with regard to the subjects hereof, and any and all other written or
oral agreements relating to the subject matter hereof existing between the parties hereto are expressly canceled. 
 31.
Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be enforceable against the parties actually executing such counterparts, and all of which together shall constitute one instrument. 

32. Exercise of JAFCO Rights. Notwithstanding any provision to the contrary, any rights of JAFCO Asia Technology Fund III
(“JAFCO”) under this Agreement may, without prejudice to the rights of JAFCO to exercise any such rights, be exercised by JAFCO Investment (Asia Pacific) Ltd. (“JIAP”) or any other fund manager of JAFCO or their
nominees (“JAFCO Manager”), unless JAFCO has (a) given notice to the other parties that any such rights cannot be exercised by JIAP or a JAFCO Manager; and (b) not given notice to the other parties that such notice which
is given under this Section 32 has been revoked. 
 33. Amendment and Restatement of Prior Voting Agreement. Each of
the Prior Voting Agreement is hereby amended and superseded in its entirety and restated in this Agreement. Such amendment and restatement is effective upon execution of this Agreement by each of the parties to the Prior Voting Agreements. Upon such
execution, all provisions of, rights granted and covenants made in each of the Prior Voting Agreements are hereby waived, released and superseded in their entirety and shall have no further force and effect. This Agreement is effective upon the
Closing. 
 34. Supremacy of this Agreement. If and to the extent that there are inconsistencies between the provisions
of this Agreement and those of the Amended Memorandum, as amended, the terms of this Agreement shall prevail as between the parties hereto only (with the exception of the Company), who hereby undertake to take all actions necessary or advisable, as
promptly as practicable after the discovery of such inconsistency, to further amend the Amended Memorandum so as to eliminate such inconsistency to the largest extent as permitted by the applicable law. 

35. No Revocation. The voting agreements contained herein are coupled with an interest and may not be revoked during the term of
this Agreement. 
 [Remainder of Page Intentionally Left Blank] 

  
 14 

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

			
	STARCLOUD MEDIA CO., LIMITED
		
	By:	 	 /s/ WANG WEI

		 	Name: WANG WEI
		 	Title:

 SIGNATURE PAGE TO FOURTH
AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	WANG WEI
		
	By:	 	 /s/ WANG WEI

		 	Name: WANG WEI
	
	FIRST EASY GROUP LIMITED
		
	By:	 	 /s/ WANG WEI

		 	Name: WANG WEI
		 	Title:	 	

 SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED 

VOTING AGREEMENT 

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

					
	MARC CHRISTIAEN VAN DER CHIJS
		
	By:	 	 /s/ MARC CHRISTIAEN VAN DER CHIJS

		 	Name:	 	MARC CHRISTIAEN VAN DER CHIJS
	
	FAST ACTION MANAGEMENT LIMITED
		
	By:	 	 /s/ MARC CHRISTIAEN VAN DER CHIJS

		 	Name:	 	MARC CHRISTIAEN VAN DER CHIJS
		 	Title:	 	

 SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED 

VOTING AGREEMENT 

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

					
	WANG ZHIQI
		
	By:	 	 /s/ WANG ZHIQI

		 	Name: WANG ZHIQI

SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	CRESCENT PEAK LIMITED
		
	By:	 	 /s/ David Hand

		 	Name:	 	David Hand
		 	Title:	 	Director
	
	CRESCENT P.E. LTD.
		
	By:	 	 /s/ David Hand

		 	Name:	 	David Hand
		 	Title:	 	Director
	
	CRESCENT PEAK II LIMITED
		
	By:	 	 /s/ David Hand

		 	Name:	 	David Hand
		 	Title:	 	Director

 SIGNATURE PAGE TO FOURTH
AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	VENROCK ASSOCIATES V, L.P.
	By:	 	its General Partner, Venrock Management V, LLC
	
	VENROCK PARTNERS V, L.P.
	By:	 	its General Partner, Venrock Partners Management V, LLC
	
	VENROCK ENTREPRENEURS FUND V, L.P.
	By:	 	its General Partner, VEF Management V, LLC
		
	By:	 	 /s/ David L. Stepp

		 	Name:	 	David L. Stepp
		 	Title:	 	Authorized Signatory

 SIGNATURE PAGE
TO FOURTH AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	GENERAL CATALYST GROUP IV, L.P.
	By:	 	General Catalyst Partners IV, L.P.,
		 	its General Partner
	By:	 	General Catalyst GP IV, LLC,
		 	its General Partner
		
	By:	 	 /s/ William J Fitzgerald

		 	Name:	 	William J Fitzgerald
		 	Title:	 	Member & CFO
	
	Address:
		
		 	c/o General Catalyst Partners
		 	20 University Road, Suite 450,
		 	 Cambridge, MA 02138

fax: (617) 234-7040

	
	GC ENTREPRENEURS FUND IV, L.P.
	By:	 	General Catalyst Partners IV, L.P.
		 	its General Partner
	By:	 	General Catalyst GP IV, LLC,
		 	its General Partner
		
	By:	 	 /s/ William J Fitzgerald

		 	Name:	 	William J Fitzgerald
		 	Title:	 	Member & CFO
		
	Address:	 	
		
		 	c/o General Catalyst Partners
		 	20 University Road, Suite 450,
		 	 Cambridge, MA 02138
 fax: (617) 234-7040

 SIGNATURE PAGE TO FOURTH AMENDED
AND RESTATED 
 VOTING AGREEMENT 

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

			
	GGV II DELAWARE L.L.C.
	By:	 	Granite Global Ventures II L.P.,
		 	its Member
	By:	 	Granite Global Ventures II L.L.C,
		 	its General Partner
		
	By:	 	 /s/ Hany Nada

		 	Name: Hany Nada
		 	Title:

 SIGNATURE PAGE TO FOURTH
AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	IDG TECHNOLOGY VENTURE INVESTMENT III, L.P.
	By:	 	IDG Technology Venture Investment III, LLC,
		 	its General Partner
		
	By:	 	 /s/ Hugo Shong

		 	Name:	 	Hugo Shong
		 	Title:	 	Authorized Signatory
	
	IDG TECHNOLOGY VENTURE INVESTMENT IV, L.P.
	By:	 	IDG Technology Venture Investment IV, LLC,
		 	its General Partner
		
	By:	 	 /s/ Hugo Shong

		 	Name:	 	Hugo Shong
		 	Title:	 	Authorized Signatory

 SIGNATURE PAGE
TO FOURTH AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

			
	CA-JAIC CHINA INTERNET FUND
		
	By:	 	 /s/ Tetsuya Tsuda

		 	Name: Tetsuya Tsuda
		 	Title:

 SIGNATURE PAGE TO FOURTH
AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	JAFCO ASIA TECHNOLOGY FUND III
		
	By:	 	 /s/ Fumito Takashima

		 	Name:	 	Fumito Takashima
		 	Title:	 	Attorney

 SIGNATURE PAGE TO FOURTH
AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

			
	CAPITAL TODAY INVESTMENT IV LIMITED
		
	By:	 	 /s/ DENG Wenting

		 	Name: DENG Wenting
		 	Title:

 SIGNATURE PAGE TO FOURTH
AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	KTB CHINA OPTIMUM FUND
		
	By:	 	 /s/ Charlie Hong

		 	Name:	 	Charlie Hong
		 	Title:	 	Managing Director

 SIGNATURE PAGE TO
FOURTH AMENDED AND RESTATED 
 VOTING AGREEMENT 

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

					
	SENNETT INVESTMENTS (MAURITIUS) PTE LTD
		
	By:	 	 /s/ JULIET TED

		 	Name:	 	JULIET TED
		 	Title:	 	AUTHORIZED SIGNATORY

 SIGNATURE PAGE
TO FOURTH AMENDED AND RESTATED 
 VOTING AGREEMENT 

  
 SCHEDULE A

 LIST OF SERIES A INVESTOR 
  

					
	 Name and Address of Investor
	  	Number of Series 
A
Shares	 
	 IDG Technology Venture Investment III, L.P.
	  	 	6,000,000	  
		
	 c/o IDG VC Management Limited

Unit 1509, The Center

99 Queen’s Road

Central, Hong Kong
	  			
		
	 Fax: (852) 2529-1619
	  			
	 Attention: Mr. Simon Ho
	  			

  
 SCHEDULE B

 LIST OF SERIES B INVESTORS 
  

					
	 Name and Address of Investor
	  	Number of Series 
B
Shares	 
	 GGV II Delaware L.L.C.
	  	 	4,666,670	  
		
	 c/o Granite Global Ventures

2429 Sand Hill Road, Suite 100

Menlo Park, CA 94025

Tel: (650) 475-2150

Fax: (650) 475-2151
	  			
		
	 Attn: Stephen Hyndman
	  			
		
	 With a copy to:
	  			
		
	 Granite Global Ventures

Unit 3503, K. Wah Center

1010 Huaihai Zhong Road

Shanghai 200031, PRC
	  			
		
	 Attn: Helen Wong
	  			
		
	 Jafco Asia Technology Fund III
	  	 	4,666,670	  
		
	 c/o JAFCO Investment (Asia Pacific) Ltd.

6 Battery Road
 #42-01
 Singapore 049909
	  			
	 Fax: +65 6221 3690

Attn: The President
	  			
		
	 With a copy to:
	  			
		
	 JAFCO Investment (Hong Kong) Ltd

Shanghai Representative Office

Suite 42-021, 42/F, HSBC Tower,

1000 Lujiazui Ring Road

Pudong New Area,
 Shanghai 200120, China
 Attention: Chief
Representative
 Fax: +8621 6841 3800
	  			

  

					
	 Name and Address of Investor
	  	Number of Series 
B
Shares	 
	 IDG Technology Venture Investment III, L.P.
	  	 	2,000,000	  
		
	 c/o IDG VC Management Limited

Unit 1509, The Center

99 Queen’s Road

Central, Hong Kong
	  			
		
	 Fax: (852) 2529-1619

Attention: Mr. Simon Ho
	  			
		
	 TOTAL
	  	 	11,333,340	  

  
 SCHEDULE C

 LIST OF SERIES C INVESTORS 
  

					
	 Name and Address of Investor
	  	Number of Series C
Shares	 
	 General Catalyst Group IV, L.P.
	  	 	4,239,660	  
		
	 c/o General Catalyst Partners

20 University Road, Suite 450 Cambridge

MA 02138, USA
 Attn: William Fitzgerald, CFO & Managing Director
	  			
		
	 Fax: +1 617-234-7040
	  			
		
	 GC Entrepreneurs Fund IV, L.P.
	  	 	112,490	  
		
	 c/o General Catalyst Partners

20 University Road, Suite 450,

Cambridge, MA 02138

Attn: William Fitzgerald, CFO & Managing Director
	  			
		
	 Fax: +1 617-234-7040
	  			
		
	 CAPITAL TODAY INVESTMENT IV LIMITED
	  	 	4,352,150	  
		
	 Level 19, Two International Finance Centre

8 Finance Street, Central, Hong Kong

Tel: (852) 2868-5526

Fax: (852)-31017913
	  			
		
	 GGV II Delaware L.L.C.
	  	 	1,088,040	  
		
	 c/o Granite Global Ventures

2429 Sand Hill Road, Suite 100

Menlo Park, CA 94025

Tel: (650) 475-2150

Fax: (650) 475-2151
	  			
		
	 Attn: Stephen Hyndman
	  			
		
	 With a copy to:
	  			
		
	 Granite Global Ventures
	  			

  

					
	 Name and Address of Investor
	  	Number of Series 
C
Shares	 
	 Unit 3503, K. Wah Center

1010 Huaihai Zhong Road

Shanghai 200031, PRC
	  			
		
	 Attn: Helen Wong
	  			
		
	 Jafco Asia Technology Fund III
	  	 	725,360	  
		
	 c/o JAFCO Investment (Asia Pacific) Ltd.

6 Battery Road
 #42-01
 Singapore 049909

Fax: +65 6221 3690

Attn: The President
	  			
		
	 With a copy to:
	  			
		
	 JAFCO Investment (Hong Kong) Ltd

Shanghai Representative Office

Suite 42-021, 42/F, HSBC Tower,

1000 Lujiazui Ring Road

Pudong New Area,
 Shanghai 200120, China
 Attention: Chief
Representative
 Fax: +8621 6841 3800
	  			
		
	 IDG Technology Venture Investment III, L.P.
	  	 	362,680	  
		
	 c/o IDG VC Management Limited

Unit 1509, The Center

99 Queen’s Road

Central, Hong Kong
	  			
		
	 Fax: (852) 2529-1619
	  			
	 Attention: Mr. Simon Ho
	  			

  

					
	 Name and Address of Investor
	  	Number of Series 
C
Shares	 
	 KTB China Optimum Fund
	  	 	2,176,060	  
		
	 c/o KTB Optimum Fund
	  			
	 KTB Network Building
	  			
	 826-14
	  			
	 YeokSam-Dong, Kangnam District
	  			
	 Seoul, Korea
	  			
		
	 Fax:[            ]
	  			
	 Attention: Won Ho (Charlie), Hong
	  			
		
	 CA-JAIC China Internet Fund
	  	 	725,360	  
		
	 Seiko Takebashi-Kyodo Building, 3-11
	  			
	 Kandanishiki-cho, Chiyoda-ku, Tokyo 101- 8570, Japan
	  			
	 Fax: +81-3-3259-8511
	  			
		
	 With a copy to
	  			
	 Japan Asia Investment Co., Ltd. Beijing branch
	  			
	 Room 1407, Tower 1, China Central Place,
	  			
	 81 Jianguo Road, Beijing 100025
	  			
	 Fax: +86 10 65989548
	  			
	 Attention Tetsuya Tsuda
	  			
		
	 TOTAL
	  	 	13,781,800	  

  
 SCHEDULE D

 LIST OF SERIES D INVESTORS 
  

					
	 	  	Number of Series D	 
	 Name and Address of Purchasers
	  	Shares	 
	 Crescent Peak Limited
	  	 	11,446,013	  
		
	 Address:
	  			
	 One George Street, #15-04
	  			
	 Singapore 049145
	  			
		
	 Fax: (0065) 6223 5992
	  			
	 Attention: James Wong
	  			
		
	 Venrock Associates V, L.P.
	  	 	3,442,579	  
		
	 Address:
	  			
	 2494 Sand Hill Road
	  			
	 Suite 200
	  			
	 Menlo Park, CA 94025
	  			
		
	 Fax: +1 650-561- 9180
	  			
	 Attention: General Counsel
	  			
		
	 Venrock Partners V, L.P.
	  	 	291,873	  
		
	 Address:
	  			
	 2494 Sand Hill Road
	  			
	 Suite 200
	  			
	 Menlo Park, CA 94025
	  			
		
	 Fax: +1 650-561- 9180
	  			
	 Attention: General Counsel
	  			
		
	 Venrock Entrepreneurs Fund V, L.P.
	  	 	80,885	  
		
	 Address:
	  			
	 2494 Sand Hill Road
	  			
	 Suite 200
	  			
	 Menlo Park, CA 94025
	  			
		
	 Fax: +1 650-561- 9180
	  			
	 Attention: General Counsel
	  			

  

					
	 	  	Number of Series D	 
	 Name and Address of Purchasers
	  	Shares	 
	 General Catalyst Group IV, L.P.
	  	 	1,858,361	  
		
	 c/o General Catalyst Partners
	  			
	 20 University Road, Suite 450 Cambridge
	  			
	 MA 02138, USA
	  			
	 Attn: William Fitzgerald, CFO & Managing Director
	  			
		
	 Fax: +1 617-234-7040
	  			
		
	 GC Entrepreneurs Fund IV, L.P.
	  	 	49,307	  
		
	 c/o General Catalyst Partners
	  			
	 20 University Road, Suite 450,
	  			
	 Cambridge, MA 02138
	  			
	 Attn: William Fitzgerald, CFO & Managing Director
	  			
		
	 Fax: +1 617-234-7040
	  			
		
	 GGV II Delaware L.L.C.
	  	 	3,052,271	  
		
	 c/o Granite Global Ventures
	  			
	 2429 Sand Hill Road, Suite 100
	  			
	 Menlo Park, CA 94025
	  			
	 Tel: (650) 475-2150
	  			
	 Fax: (650) 475-2151
	  			
		
	 Attn: Stephen Hyndman
	  			
		
	 With a copy to:
	  			
		
	 Granite Global Ventures
	  			
	 Unit 3503, K. Wah Center
	  			
	 1010 Huaihai Zhong Road
	  			
	 Shanghai 200031, PRC
	  			
		
	 Attn: Helen Wong
	  			

  

					
	 	  	Number of Series D	 
	 Name and Address of Purchasers
	  	Shares	 
	 IDG Technology Venture Investment IV, L.P.
	  	 	1,144,601	  
		
	 c/o IDG VC Management Limited
	  			
	 Unit 1509, The Center
	  			
	 99 Queen’s Road
	  			
	 Central, Hong Kong
	  			
		
	 Fax: (852) 2529-1619
	  			
	 Attention: Mr. Simon Ho
	  			
		
	 CA-JAIC China Internet Fund
	  	 	305,227	  
		
	 Seiko Takebashi-Kyodo Building, 3-11
	  			
	 Kandanishiki-cho, Chiyoda-ku, Tokyo 101-8570, Japan

Fax: +81-3-3259-8511
	  			
		
	 With a copy to
	  			
	 Japan Asia Investment Co., Ltd. Beijing branch

Room 1407, Tower 1, China Central Place,

81 Jianguo Road, Beijing 100025
	  			
	 Fax: +86 10 65989548
	  			
	 Attention Tetsuya Tsuda
	  			
		
	 TOTAL:
	  	 	21,671,117	  

  
 SCHEDULE E

 LIST OF SERIES E INVESTORS 
  

					
	 Name and Address of Purchasers
	  	Number of Series 
E
Shares	 
	 Crescent Peak II Limited
	  	 	1,846,177	  
		
	 Address:
	  			
	 One Temasek Avenue, #20-01 Millenia
	  			
	 Tower, Singapore 039192
	  			
		
	 Fax No.: +(65)-6223-5992
	  			
	 Attention: James Wong/David Hand
	  			
		
	 Venrock Partners V, L.P.
	  	 	22,597	  
	 Address:
	  			
	 2494 Sand Hill Road
	  			
	 Suite 200
	  			
	 Menlo Park, CA 94025
	  			
		
	 Fax: +1 650-561- 9180
	  			
	 Attention: General Counsel
	  			
		
	 Venrock Associates V, L.P.
	  	 	266,529	  
	 Address:
	  			
	 2494 Sand Hill Road
	  			
	 Suite 200
	  			
	 Menlo Park, CA 94025
	  			
		
	 Fax: +1 650-561- 9180
	  			
	 Attention: General Counsel
	  			
		
	 Venrock Entrepreneurs Fund V, L.P.
	  	 	6,262	  
	 Address:
	  			
	 2494 Sand Hill Road
	  			
	 Suite 200
	  			
	 Menlo Park, CA 94025
	  			
		
	 Fax: +1 650-561- 9180
	  			
	 Attention: General Counsel
	  			
		
	 General Catalyst Group IV, L.P.
	  	 	791,322	  

  

					
	 Name and Address of Purchasers
	  	Number of Series 
E
Shares	 
	 c/o General Catalyst Partners
	  			
	 20 University Road, Suite 450
	  			
	 Cambridge
	  			
	 MA 02138, USA
	  			
	 Attn: William Fitzgerald, CFO &
	  			
	 Managing Director
	  			
		
	 Fax: +1 617-234-7040
	  			
		
	 GC Entrepreneurs Fund IV, L.P.
	  	 	20,996	  
		
	 c/o General Catalyst Partners
	  			
	 20 University Road, Suite 450,
	  			
	 Cambridge, MA 02138
	  			
	 Attn: William Fitzgerald, CFO &
	  			
	 Managing Director
	  			
		
	 Fax: +1 617-234-7040
	  			
	 GGV II Delaware L.L.C.
	  	 	1,846,177	  
		
	 c/o Granite Global Ventures
	  			
	 2494 Sand Hill Road, Suite 100
	  			
	 Menlo Park, CA 94025
	  			
	 Tel: (650) 475-2150
	  			
	 Fax: (650) 475-2151
	  			
		
	 Attn: Stephen Hyndman
	  			
		
	 With a copy to:
	  			
		
	 Granite Global Ventures
	  			
	 Unit 3701, K. Wah Center
	  			
	 1010 Huaihai Zhong Road
	  			
	 Shanghai 200031, PRC
	  			
		
	 Attn: Helen Wong
	  			

  

					
	 Name and Address of Purchasers
	  	Number of Series 
E
Shares	 
	 IDG Technology Venture Investment IV, L.P.
	  	 	738,471	  
	 c/o IDG VC Management Limited
	  			
	 Unit 1509, The Center
	  			
	 99 Queen’s Road
	  			
	 Central, Hong Kong
	  			
		
	 Fax: (852) 2529-1619
	  			
	 Attention: Mr. Simon Ho
	  			
		
	 Sennett Investments (Mauritius) Pte Ltd
	  	 	12,923,236	  
		
	 60B Orchard Road #06-18 Tower 2
	  			
	 The Atrium@Orchard
	  			
	 Singapore 238891
	  			
		
	 c/o IMM, Les Cascades Building
	  			
	 Edith Cavell Street
	  			
	 Port Louis, Mauritius
	  			
		
	 Contact Person: Lau Teck Sien
	  			
	 Telephone: +86 10 5930 4917
	  			
	 Fax No.: +86 10 5930 4901
	  			
	 E-mail: tecksien@temasek.com.sg
	  			
		
	 TOTAL:
	  	 	18,461,767	  

  
 SCHEDULE F

 LIST OF ORDINARY SHAREHOLDERS AND FOUNDERS 

 

	A.	Ordinary Shareholders  

  

					
	 Name and Address of Ordinary Shareholders
	  	Number of
Ordinary 
Shares	 
	 FIRST EASY GROUP LIMITED
	  	 	11,300,000	  
		
	 FAST ACTION MANAGEMENT LIMITED
	  	 	700,000	  

  

	B.	Founders 

  

	
	 Name and Address of Founders

	Wang Wei
	
	Gate 6, No.1305, South SuZhou
	Road, Shanghai, PRC
	Wang Zhiqi
	
	Apt. 3702, Building 4, Lane 168
	HongQiao Road, Shanghai, PRC
	Marc Christiaen van der Chijs
	
	Apt. 3702, Building 4, Lane 168
	HongQiao Road, Shanghai, PRC

  
 TABLE OF CONTENTS

  

							
	 Section
	  	Page	 
			
	1.	  	Definitions	  	 	3	  
	2.	  	Agreement to Vote	  	 	5	  
	3.	  	Designation of Directors	  	 	6	  
	4.	  	Size of the Board of Directors	  	 	6	  
	5.	  	Removal and Filling of Vacancies	  	 	6	  
	6.	  	Board of Subsidiaries	  	 	7	  
	7.	  	Board Observer	  	 	7	  
	8.	  	Permitted Disclosure of Board Information	  	 	8	  
	9.	  	Waiver	  	 	8	  
	10.	  	Insurance and Indemnification	  	 	8	  
	11.	  	Director Expenses	  	 	8	  
	12.	  	Legend on Share Certificates	  	 	9	  
	13.	  	Binding Effect	  	 	9	  
	14.	  	Covenants of the Company	  	 	9	  
	15.	  	Lock-up Agreement	  	 	10	  
	16.	  	Vendor Sale	  	 	10	  
	16.	  	Execution by the Company	  	 	10	  
	18.	  	Specific Enforcement	  	 	11	  
	19.	  	Titles and Subtitles	  	 	11	  
	20.	  	Notices	  	 	11	  
	21.	  	Term	  	 	12	  
	22.	  	Manner of Voting	  	 	12	  
	23.	  	Aggregation	  	 	12	  
	24.	  	Amendments and Waivers	  	 	12	  
	25.	  	Delays or Omissions	  	 	13	  
	26.	  	Share Splits, Share Dividends, etc	  	 	13	  
	27.	  	Severability	  	 	13	  
	28.	  	Successors	  	 	13	  
	29.	  	Governing Law and Dispute Settlement	  	 	13	  
	30.	  	Entire Agreement	  	 	14	  
	31	  	Counterparts	  	 	14	  
	32	  	Exercise of JAFCO Rights	  	 	14	  
	33	  	Amendment and Restatement of Prior Voting Agreement	  	 	14	  
	34	  	Supremacy of this Agreement	  	 	14	  
	35	  	No Revocation	  	 	14	  

  

			
	Schedule A	  	List of Series A Investor
	Schedule B	  	List of Series B Investors
	Schedule C	  	List of Series C Investors
	Schedule D	  	List of Series D Investors
	Schedule E	  	List of Series E Investors
	Schedule F	  	List of Ordinary Shareholders and FoundersSale and Purchase Agreement, dated as of September 21, 2010

  
 Exhibit 4.9

 (1) FIRST EASY GROUP LIMITED 
 (2) FAST ACTION MANAGEMENT LIMITED 
 (3) IDG TECHNOLOGY VENTURE INVESTMENT
III, L.P. 
 (4) IDG TECHNOLOGY VENTURE INVESTMENT IV, L.P. 

(5) GGV II DELAWARE L.L.C. 
 (6) JAFCO ASIA TECHNOLOGY FUND III 
 (7) GENERAL CATALYST GROUP IV, L.P.

 (8) GC ENTREPRENEURS FUND IV, L.P. 
 (9) CAPITAL TODAY INVESTMENT IV LIMITED 
 (10) KTB CHINA OPTIMUM FUND

 (11) CA-JAIC CHINA INTERNET FUND 
 (12) CRESCENT PEAK LIMITED 
 (13) CRESCENT P.E., LTD.

 (14) VENROCK ASSOCIATES V, L.P. 
 (15) VENROCK PARTNERS V, L.P. 
 (16) VENROCK ENTREPRENEURS FUND
V, L.P. 
 (17) CRESCENT PEAK II LIMITED 
 (18) SENNETT INVESTMENTS (MAURITIUS) PTE LTD 
 (19) STARCLOUD
MEDIA CO., LIMITED 
 and 
 (20) TUDOU HOLDINGS LIMITED 
  

 
 Sale and
Purchase Agreement 
 in relation to the entire issued share capital of 

STARCLOUD MEDIA CO., LIMITED 
 Dated as of SEPTEMBER [ 21 ], 2010 
  

 

  
 INDEX

  

							
			
	 1.
	  	 INTERPRETATION
	  	 	2	  
			
	 2.
	  	 SALE AND PURCHASE OF THE SALE SHARES
	  	 	3	  
			
	 3.
	  	 CONSIDERATION
	  	 	4	  
			
	 4.
	  	REPRESENTATIONS, WARRANTIES AND UNDERTAKINGS OF THE VENDORS, BVI COMPANY, DR. SHI AND PURCHASER	  	 	4	  
			
	 5.
	  	 COMPLETION
	  	 	5	  
			
	 6.
	  	 POST COMPLETION EFFECT
	  	 	6	  
			
	 7.
	  	 FURTHER ASSURANCE AND ASSISTANCE
	  	 	6	  
			
	 8.
	  	 DOCUMENTS CONSTITUTING AGREEMENT
	  	 	7	  
			
	 9.
	  	 CONFIDENTIALITY
	  	 	7	  
			
	 10.
	  	 NOTICES AND OTHER COMMUNICATIONS
	  	 	8	  
			
	 11.
	  	 COSTS AND EXPENSES
	  	 	8	  
			
	 12.
	  	 COUNTERPARTS
	  	 	8	  
			
	 13.
	  	 GOVERNING LAW AND DISPUTE RESOLUTION
	  	 	8	  
			
	 14.
	  	 AMENDMENTS
	  	 	9	  
			
	 15.
	  	 SUCCESSORS AND ASSIGNS
	  	 	9	  
		
	 SCHEDULE 1 - PARTICULARS OF THE BVI COMPANY
	  	 	13	  
		
	 SCHEDULE 2 - THE WARRANTIES
	  	 	16	  
		
	 SCHEDULE 3 - FORM OF THE SHAREHOLDER’S RESOLUTIONS OF TUDOU HOLDINGS LIMITED
	  	 	20	  
		
	 SCHEDULE 4 - FORM OF BOARD RESOLUTIONS OF TUDOU HOLDINGS LIMITED 
	  	 	22	  
		
	 SCHEDULE 5 - FORM OF AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION OF TUDOU HOLDINGS
LIMITED
	  	 	26	  
		
	 SCHEDULE 6 - FORM OF BOARD RESOLUTIONS OF STARCLOUD MEDIA CO., LIMITED
	  	 	27	  

  
 THIS AGREEMENT is made this 21 day
of September 2010 
 AMONG 

(1) FIRST EASY GROUP LIMITED of P.O. Box 957, Offshore Incorporation Centre, Road Town, Tortola, British Virgin Islands (“First
Easy”); 
 (2) FAST ACTION MANAGEMENT LIMITED of P.O. Box 957, Offshore Incorporation Centre, Road Town, Tortola, British Virgin
Islands (“Fast Action”) ; 
 (3) IDG TECHNOLOGY VENTURE INVESTMENT III, L.P. of c/o IDGC Management (Hong Kong) Limited
Unit 1509, The Center, 99 Queen’s Road, Central, Hong Kong (“IDG III”); 
 (4) IDG TECHNOLOGY VENTURE INVESTMENT IV,
L.P. of c/o IDGC Management (Hong Kong) Limited Unit 1509, The Center, 99 Queen’s Road, Central, Hong Kong (“IDG IV”); 
 (5) GGV II DELAWARE L.L.C. of c/o Granite Global Ventures, 2494 Sand Hill Road, Suite 100, Menlo Park, CA 94025 (“GGV”); 
 (6) JAFCO ASIA TECHNOLOGY FUND III of 6 Battery Road, #42-01, Singapore 049909 (“JAFCO”); 
 (7) GENERAL CATALYST GROUP IV, L.P. of c/o General Catalyst Partners, 20 University Road, Suite 450 Cambridge, MA 02138, USA (“General Catalyst”); 

(8) GC ENTREPRENEURS FUND IV, L.P. of c/o General Catalyst Partners, 20 University Road, Suite 450 Cambridge, MA 02138 (“GC
Entrepreneurs”); 
 (9) CAPITAL TODAY INVESTMENT IV LIMITED of c/o CCS Management Limited Sea Meadow House, Blackburne Highway,
Road Town, Tortola, British Virgin Islands (“Capital Today”); 
 (10) KTB CHINA OPTIMUM FUND of c/o KTB China Optimum
Fund, KTB Network Building, 826-14 YeokSam-Dong, Kangnam District, Seoul, Korea (“KTB”); 
 (11) CA-JAIC CHINA INTERNET
FUND of Seiko Takebashi-Kyodo Building, 3-11 Kandanishiki-cho, Chiyoda-ku, Tokyo 101-8570, Japan +81-3-3259-8511 (“CA-JAIC”); 
 (12) CRESCENT PEAK LIMITED of OneTemasek Avenue #20-1 Millenia Tower, Singapore 039192 (“Crescent Peak”); 
 (13) CRESCENT P.E., LTD. of Harbour Place, 103 South Church Street, P.O. Box 1304, Grand Cayman KY1-1102 (“Crescent P.E.”); 

(14) VENROCK ASSOCIATES V, L.P. of 3340 HillviewAvenue, Palo Alto, CA 94304 (“Venrock Associates”); 

(15) VENROCK PARTNERS V, L.P. 3340 HillviewAvenue, Palo Alto, CA 94304 (“Venrock Partners”); 

  
 1 

  
 (16) VENROCK ENTREPRENEURS FUND V,
L.P. of 3340 HillviewAvenue, Palo Alto, CA 94304 (“Venrock Entrepreneurs”); 
 (17) CRESCENT PEAK II LIMITED of One
Temasek Avenue, #20-01 Millenia Tower, Singapore 039192 (“Crescent Peak II”); 
 (18) SENNETT INVESTMENTS (MAURITIUS) PTE
LTD of 60B Orchard Road, #06-18 Tower 2, The Atrium@Orchard, Singapore 238891 (“Sennett Investments”); 

(together known as the “Vendors” or individually the “Vendor”) 

(19) BVI COMPANY (as defined below) 
 and 
 (20) TUDOU HOLDINGS LIMITED, a company incorporated in the Cayman Islands whose
registered office is situated at Scotia Center, 4th Floor, P.O.Box 2804, George Town, Grand Cayman KY1-1112, Cayman Islands (the “Purchaser”). 
 PRELIMINARY 
  

	(A)	WHEREAS, the Vendors (or their nominees) together are the registered owners of the entire issued share capital of the BVI Company (as hereinafter defined).

  

	(B)	WHEREAS, in preparation for a proposed initial public offering and concurrent listing on the NYSE/Nasdaq Global Market, the BVI Company (as hereinafter defined) intends
to reorganize such that the BVI Company becomes a wholly owned subsidiary of the Purchaser by virtue of the existing shareholders (or their respective nominees) of the BVI Company selling all of their shares of the BVI Company to the Purchaser in
exchange for the same proportional equity interests in the Purchaser as their proportional shareholdings in the BVI Company (the “Share Swap”). 

 

	(C)	WHEREAS, subsequent to the Share Swap, the ordinary shares of the Purchaser will be listed on the NYSE/Nasdaq Global Market. 

 

	(D)	WHEREAS, the Vendors, who constitute all of the existing shareholders (or their respective nominees) of the BVI Company, and the Purchaser have agreed to a sale and
purchase of the Sale Shares (as hereinafter defined) on the following terms and conditions. 

 IT IS AGREED AS FOLLOWS :

  

	1.	INTERPRETATION 

  

	1.1	In this Agreement, unless the context otherwise requires, the following expressions shall have the respective meanings set opposite thereto: 

“BVI Company” means StarCloud Media Co., Limited, brief particulars of which are set out in Part A of Schedule 1;

  
 2 

  

“Completion” means the completion of the sale and purchase of the Sale Shares in accordance with the provisions of this
Agreement; 
 “Completion Date” means the date on which Completion takes place; 

“Consideration” means the consideration for the acquisition of the Sale Shares as described in Clause 3; 

“Consideration Shares” means an aggregate of 83,247,924 fully paid up and nonassessable shares of the Purchaser,
comprised of ordinary shares, Series A preferred shares, Series B preferred shares, Series C preferred shares, Series D preferred shares and Series E preferred shares of the Purchaser, each to be issued and alloted to the Vendors pursuant to Part B
of Schedule 1; 
 “Hong Kong” means the Hong Kong Special Administrative Region of the PRC; 

“PRC” means the People’s Republic of China; 
 “Sale Shares” means an aggregate of 83,248,024 fully paid up, validly issued and nonassessable shares of the BVI Company, comprised of ordinary shares, Series A preferred shares, Series B
preferred shares, Series C preferred shares, Series D preferred shares and Series E preferred shares of the BVI Company, each owned by the Vendors pursuant to the “Owners of the Sale Shares” in Part A of Schedule 1; 

“Securities and Exchange Commission” means the United States Securities and Exchange Commision; 

“US$” means United States dollars; and 
  

	1.2	Any reference to a Clause, sub-clause or Schedule (other than to a Schedule to a statutory provision) is a reference to a Clause or a sub-clause or Schedule to this
Agreement and the Schedules form part of and are deemed to be incorporated into this Agreement. 

  

	1.3	Words denoting the singular number or the masculine shall include the plural or the feminine or neuter and vice versa. 

 

	1.4	Any reference to an ordinance, statute, legislation or enactment shall be construed as a reference to such ordinance, statute, legislation or enactment as may be
amended or re-enacted from time to time and for the time being in force. 

  

	1.5	The headings to the Clauses of this Agreement are for ease of reference only and shall be ignored in interpreting this Agreement. 

 

	2.	SALE AND PURCHASE OF THE SALE SHARES 

 Subject to the terms and conditions set forth in this Agreement, each Vendor agrees to sell, assign and transfer to the Purchaser on the Completion Date, severally, but not jointly, and also consents to
other Vendors’ selling, assigning and transferring to the Purchaser (including waiving any right of first refusal or other restriction thereon), and the Purchaser agrees to purchase from each Vendor on the Completion Date, the number of shares
set forth opposite the name of such Vendor under “Owners of the Sale Shares” on Schedule I, Part A hereto. 

  
 3 

  

	3.	CONSIDERATION 

  

	3.1	The total consideration for the sale by the Vendors of the Sale Shares shall be the allotment and issue by the Purchaser pursuant to the terms of Clause 3.2 to each of
the Vendors (or their respective nominees) of such number of Consideration Shares as is set forth next to the name of the respective Vendor (or their respective nominees) in Columns 2 and 3 of Part B of Schedule 1. 

 

	3.2	The Consideration Shares shall be allotted and issued as fully paid, validly issued and nonassessable and shall have such rights, preferences and privileges as set
forth in the Purchaser’s Amended and Restated Memorandum and Articles of Association in the form attached hereto as Schedule 5. 

  

	4.	REPRESENTATIONS, WARRANTIES AND UNDERTAKINGS OF THE VENDORS, BVI COMPANY AND PURCHASER 

 

	4.1	Each of the Vendors hereby severally represents, warrants and undertakes to the Purchaser that each of the matters set out in Schedule 2, Part A (each of the warranties
being hereinafter referred to as a “Vendor Warranty” and together as the “Vendor Warranties”) (insofar as it relates to the respective Vendor) is true and correct in all respects as of the date of this Agreement and as of the
Completion Date and acknowledges that the Purchaser is entering into this Agreement in reliance upon the Vendor Warranties and that the Purchaser shall be entitled to treat the Vendor Warranties as conditions of this Agreement.

  

	4.2	Each of the BVI Company and Purchaser (collectively, the “Company Group”) hereby jointly and severally represent, warrant and undertake to each of the Vendors
that each of the matters set out in Schedule 2, Part B (each of the warranties being hereinafter referred to as a “Company Warranty” and together as the “Company Warranties” and collectively with the Vendor Warranties, the
“Warranties”) is true and correct in all respects as of the date of this Agreement and as of the Completion Date and acknowledge that each of the Vendors is entering into this Agreement in reliance upon the Company Warranties and that each
of the Vendors shall be entitled to treat the Company Warranties as conditions of this Agreement. 

  

	4.3	Each of the Warranties set out in each sub-paragraph of Schedule 2 hereto shall be separate and independent and save as expressly provided shall not be limited by
reference to any other sub-paragraph or anything in this Agreement or the Schedules hereto. 

  

	4.4	The Purchaser’s rights in respect of each of the Vendor Warranties shall survive Completion and continue in full force and effect notwithstanding Completion.

  

	4.5	Each of the Vendor’s rights in respect of each of the Company Warranties shall survive Completion and continue in full force and effect notwithstanding Completion.

  
 4 

  

	5.	COMPLETION 

  

	5.1	 Completion shall take place at the offices of Latham & Watkins, LLP at 49th Floor, Jinmao Tower, 88 Century Boulevard, Shanghai, China, or such other place as the parties may agree forthwith
upon the execution of this Agreement, when all the following business will be simultaneously transacted: 

  

	 	5.1.1	each of the Vendors shall: 

  

	 	(a)	procure his/her/its execution of this Agreement and the Agreement for the Transfer and Assumption of Obligations under the Series D Preferred Shares Purchase Agreement,
the Series E Preferred Shares Purchase Agreement, the Fifth Amended and Restated Shareholders’ Agreement, the Fourth Amended and Restated Right of First Refusal and Co-Sale Agreement and the Fourth Amended and Restated Voting Agreement of equal
date hereof (the “Assumption Agreement”), and 

  

	 	(b)	deliver, to the Purchaser, original share certificates in respect of the Sale Shares owned by them respectively, together with instruments of transfer in favour of the
Purchaser in respect of the Sale Shares duly executed by the registered holders thereof. 

  

	 	5.1.2	the Purchaser shall: 

  

	 	(a)	procure the passing of the shareholder’s resolutions in the form set out in Schedule 3 and board resolutions in Schedule 4 to authorize the allotment and issue of
the Consideration Shares to the Vendors (or their respective nominees) pursuant to the terms of Clause 3.1; 

  

	 	(b)	enter and register the Vendors (or their respective nominees) as shareholders, in such share amounts and to such persons/entities as set forth on Schedule 1, Part B
hereto, of the Consideration Shares on the Purchaser’s register of members and, within one business day of Completion, provide each Vendor with a copy of the Purchaser’s register of members certified by a director of the Purchaser as true,
accurate and complete as of the date of the Completion; 

  

	 	(c)	procure the execution of the Assumption Agreement; and 

  

	 	(d)	procure the adoption of an Amended and Restated Memorandum and Articles of Association in the form attached hereto as Schedule 5 (which shall be duly filed with and
registered by the Registrar of Companies of the Cayman Islands within five (5) days after the Completion). 

  

	 	5.1.3	The BVI Company’s board resolutions in the form as set out in Schedule 6 to authorize the transfer of the Sale Shares to the Purchaser shall be passed;

  

	 	5.1.4	The BVI Company shall arrange to enter and register the Purchaser as holder of the Sale Shares and enter and register such share transfers on the BVI Company’s
register of members; 

  

	5.2	The transactions described in Clause 5.1 shall take place at the same time, so that in the event of a default of the performance of any such transactions by either
party, the other party shall not be obliged to complete this Agreement or perform any obligations hereunder (without prejudice to any further legal remedies). 

 

	5.3	As soon as reasonably practicable following the Completion and in any event not later than fifteen (15) days after the Completion, the Purchaser shall deliver, to
the Vendors, original share certificates for the Consideration Shares issued by the Purchaser in such share amounts and to such persons/entities as set forth on Schedule 1, Part B hereto. 

  
 5 

  

	5.4	Each member of the Company Group shall use its best efforts to comply at all times with PRC law and, further, shall use its best efforts to timely obtain and/or effect
all Approvals required thereof by PRC law at any time and from time to time (including registration with State Administration of Foreign Exchange, if applicable). In addition, each member of the Company Group shall use its best efforts to procure
each of the owners or beneficial owners of any equity interest in the Purchaser, whether direct or indirect, to timely obtain all Approvals required by PRC law in relation to such interest in the Purchaser. For purpose of this Agreement,
“Approval” means any consent, approval, authorization, waiver, permit, grant, franchise, concession, agreement, license, exemption or order of, registration, certificate, declaration or filing with, or report or notice required to be
secured from any government or any agency, bureau, board, commission, court, department, official, political subdivision, tribunal or other instrumentality of any government (including the government of the PRC and any other relevant jurisdiction).

  

	6.	POST COMPLETION EFFECT 

This Agreement shall remain in full force and effect after and notwithstanding Completion in respect of all obligations, agreements,
covenants, undertakings, conditions, representations or warranties which have not been done, observed or performed at or prior to Completion and the parties may take action for any breach or non-fulfilment of any of such obligations, agreement,
covenants, undertakings, conditions, representations or warranties either before or after Completion (whether or not such breach or non-fulfilment may have been known to or discoverable by the Purchaser prior to Completion) it being agreed that
Completion shall not be deemed to constitute a waiver of or operate as an estoppel against any right to take any such action. 
  

	7.	FURTHER ASSURANCE AND ASSISTANCE 

  

	7.1	The Vendors shall do, execute and perform and shall procure to be done, executed and performed all such further acts, deeds, documents and things as the Purchaser may
require from time to time effectively to vest the beneficial ownership of the Sale Shares in the Purchaser free from all liens, charges, options, encumbrances or adverse rights or interest of any kind and otherwise to give to the Purchaser the full
benefit of this Agreement. 

  

	7.2	The Purchaser shall execute and perform and to procure to be done, executed and performed all such further acts, deeds, documents and things as the Vendors may require
from time to time effectively to vest the beneficial ownership of the Consideration Shares in the Vendors as set forth on Schedule 1, Part B, free from all liens, charges, options, encumbrances or adverse rights or interest of any kind and otherwise
to give to the Vendors the full benefit of this Agreement. 

  

	7.3	All parties hereto recognize that the Purchaser plans to (i) adopt an equity incentive plan or similar arrangement, which will amend, restate, assume and/or
replace the stock option plan amended and restated by the BVI Company on May 12, 2010 (the “BVI Plan”) and (ii) assume or exchange all outstanding stock options issued under the BVI Plan for stock options with comparable terms
thereunder. 

  

	7.4	All parties hereto recognize that the Purchaser plans to exchange all outstanding warrants issued by BVI Company to Crescent Peak II, GC Entrepreneurs, General
Catalyst, GGV, IDG IV, Venrock Associates, Venrock Partners, Venrock Entrepreneurs and Sennett Investments with new warrants issued by the Purchaser with comparable terms. 

  
 6 

  

	8.	DOCUMENTS CONSTITUTING AGREEMENT 

 This Agreement, the Assumption Agreement and any agreement, document or instrument attached hereto or referred to herein among the parties hereto together constitute the entire agreement and understanding
between the parties in connection with the subject matter of this Agreement and supersedes all previous proposals, representations, warranties, agreements or undertakings relating thereto whether oral, written or otherwise and neither party has
relied on any such proposals, representations, warranties, agreements or undertakings. In the event of a conflict between the terms and conditions of this Agreement and any previous proposals, representations, warranties, agreements or undertakings,
the terms and conditions of this Agreement shall prevail. 
  

	9.	CONFIDENTIALITY 

  

	9.1	Disclosure of Terms. The terms and conditions of this Agreement, the Assumption Agreement, all exhibits and schedules attached hereto and thereto, and the
transactions contemplated hereby (collectively, the “Share Swap Terms”), including their existence, shall be considered confidential information and shall not be disclosed by any party hereto to any third party except in accordance
with the provisions set forth below. 

  

	9.2	Permitted Disclosures. Notwithstanding the foregoing, any party hereto may disclose any of the Share Swap Terms to its current or bona fide prospective
investors, fund managers, employees, investment bankers, lenders, accountants and attorneys, in each case only on an as-needed basis and where such persons are under appropriate nondisclosure obligations. 

 

	9.3	Legally Compelled Disclosure. In the event that any party is requested or becomes legally compelled (including without limitation, pursuant to securities laws
and regulations) to disclose the existence of this Agreement, the Assumption Agreement or the content of any of the Share Swap Terms in contravention of the provisions of this Section 9, such party (the “Disclosing Party”)
shall provide the other parties hereto with prompt notice of that fact and shall consult with the other parties hereto regarding such disclosure. The Disclosing Party shall, to the extent possible and with the cooperation and reasonable efforts of
the other parties, seek a protective order, confidential treatment or other appropriate remedy. In such event, the Disclosing Party shall furnish only that portion of the information which is legally required and shall exercise reasonable efforts to
obtain reliable assurance that confidential treatment will be accorded such information. 

  

	9.4	Other Exceptions. Notwithstanding any other provision of this Section 9, the confidentiality obligations of the parties shall not apply to:
(a) disclosure as may be required by the Securities and Exchange Commission or applicable securities law or regulations of the United States of America or requirement of any stock exchange or automated trading system; (b) information which
a restricted party learns from a third party having the right to make the disclosure, provided the restricted party complies with any restrictions imposed by the third party; (c) information which is in the restricted party’s possession
prior to the time of disclosure by the protected party and not acquired by the restricted party under a confidentiality obligation; or (d) information which enters the public domain without breach of confidentiality by the restricted party.

  
 7 

  

	9.5	Other Information. The provisions of this Section 9 shall survive the termination of this Agreement and shall be in addition to, and not in substitution
for, the provisions of any separate nondisclosure agreement executed by any of the parties hereto with respect to the transactions contemplated hereby. 

  

	10.	NOTICES AND OTHER COMMUNICATIONS 

 Any and all notices required or permitted under this Agreement shall be given in writing in English and shall be provided by one or more of the following means and shall be deemed to have been duly given
(a) if delivered personally, when received, (b) if transmitted by facsimile, on the date of transmission with receipt of a transmittal confirmation, or (c) if by international courier service, on the fourth (4th) Business Day following the date of deposit with such courier
service, or such earlier delivery date as may be confirmed in writing to the sender by such courier service. 
  

	11.	COSTS AND EXPENSES 

 The
parties hereto bear their respective legal and professional fees, costs and expenses incurred in the negotiation, preparation and execution of this Agreement and all documents contemplated hereby. 

 

	12.	COUNTERPARTS 

 This
Agreement may be executed in counterparts and all counterparts together shall constitute one document. 
  

	13.	GOVERNING LAW AND DISPUTE RESOLUTION 

  

	13.1	Governing Law. This Agreement shall be governed by and construed under the laws of the State of New York, without regard to principles of conflicts of law
thereunder. 

  

	13.2	Dispute Resolution. 

  

	 	13.2.1	Any dispute, controversy or claim arising out of or relating to this Agreement, or the interpretation, breach, termination or validity hereof, shall be resolved through
consultation. Such consultation shall begin immediately after one party hereto has delivered to the other party(ies) hereto a written request for such consultation. If within thirty (30) days following the date on which such notice is given the
dispute cannot be resolved, the dispute shall be submitted to arbitration upon the request of any party with notice to the other. 

  

	 	13.2.2	The arbitration shall be conducted in Hong Kong under the auspices of the Hong Kong International Arbitration Centre (the “Centre”). There shall be
three arbitrators. The claimant party(ies) and the respondent party(ies) shall each select one arbitrator within thirty (30) days after giving or receiving the demand for arbitration. Such arbitrators shall be freely selected, and the parties
shall not be limited in their selection to any prescribed list. The Chairman of the Centre shall select the third arbitrator, who shall be qualified to practice law in New York. If either party does not appoint an arbitrator who has consented to
participate within thirty (30) days after selection of the first arbitrator, the relevant appointment shall be made by the Chairman of the Centre. 

  

	 	13.2.3	The arbitration proceedings shall be conducted in English. The arbitration tribunal shall apply the Arbitration Rules of the Center in effect at the time of the
arbitration. However, if such rules are in conflict with the provisions of this Section 13.2, including the provisions concerning the appointment of arbitrators, the provisions of this Section 13.2 shall prevail. 

  
 8 

  

	 	13.2.4	The arbitrators shall decide any dispute submitted by the parties to the arbitration strictly in accordance with the substantive law of New York and shall not apply any
other substantive law. 

  

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

  

	 	13.2.6	The award of the arbitration tribunal shall be final and binding upon the disputing parties, and either party may apply to a court of competent jurisdiction for
enforcement of such award. 

  

	 	13.2.7	Either party shall be entitled to seek preliminary injunctive relief, if possible, from any court of competent jurisdiction pending the constitution of the arbitral
tribunal. 

  

	14.	AMENDMENTS 

 This
Agreement may not be amended, modified or supplemented, except in a writing signed by each of the parties hereto. 
  

	15.	SUCCESSORS AND ASSIGNS 

This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

  
 9 

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

			
	TUDOU HOLDINGS LIMITED
		
	By:	 	 /s/ WANG WEI

		 	Name: WANG WEI
		 	Title:
	
	STARCLOUD MEDIA CO., LIMITED
		
	By:	 	 /s/ WANG WEI

		 	Name: WANG WEI
		 	Title:

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	 WANG WEI

		
	By:	 	 /s/ WANG WEI

		 	Name: WANG WEI
	
	FIRST EASY GROUP LIMITED
		
	By:	 	 /s/ WANG WEI

		 	Name: WANG WEI
		 	Title:

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	MARC CHRISTIAEN VAN DER CHIJS
		
	By:	 	 /s/ MARC CHRISTIAEN VAN DER CHIJS

		 	Name: MARC CHRISTIAEN VAN DER CHIJS
	
	FAST ACTION MANAGEMENT LIMITED
		
	By:	 	 /s/ MARC CHRISTIAEN VAN DER CHIJS

		 	Name: MARC CHRISTIAEN VAN DER CHIJS
		 	Title:

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

					
	CRESCENT PEAK LIMITED
		
	By:	 	 /s/ David Hand

		 	Name:	 	David Hand
		 	Title: 	 	Director
	
	CRESCENT PEAK II LIMITED
		
	By:	 	 /s/ David Hand

		 	Name:	 	David Hand
		 	Title: 	 	Director
	
	CRESCENT P.E. LTD.
		
	By:	 	 /s/ David Hand

		 	Name:	 	David Hand
		 	Title: 	 	Director

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

					
	VENROCK ASSOCIATES V, L.P.
	By:	 	its General Partner, Venrock Management V, LLC
	
	VENROCK PARTNERS V, L.P.
	By:	 	its General Partner, Venrock Partners Management V, LLC
	
	VENROCK ENTREPRENEURS FUND V, L.P.
	By:	 	its General Partner, VEF Management V, LLC
		
	By:	 	 /s/ Ray A. Rothrock

		 	Name:	 	Ray A. Rothrock
		 	Title: 	 	Partner

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	GENERAL CATALYST GROUP IV, L.P.
		
	By:	 	 General Catalyst Partners IV, L.P.
 its General Partner

		
	By:	 	 General Catalyst GP IV, LLC

its General Partner

		
	By:	 	 /s/ William J, Fitzgerald

	Name: William J, Fitzgerald
	Title:   Member and Chief Financial Officer
	
	GC ENTREPRENEURS FUND IV, L.P.
		
	By:	 	 General Catalyst Partners IV, L.P.
 its General Partner

		
	By:	 	 General Catalyst GP IV, LLC

its General Partner

		
	By:	 	 /s/ William J. Fitzgerald

	Name: William J. Fitzgerald
	Title:   Member and Chief Financial Officer

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	GGV II DELAWARE L.L.C.
	By:	 	 Granite Global Ventures II L.P.,
 its Member

	By:	 	 Granite Global Ventures II L.L.C,
 its General Partner

		
	By:	 	 /s/ Hany Nada

		 	Name: Hany Nada
		 	Title: Managing Director

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	IDG TECHNOLOGY VENTURE INVESTMENT III, L.P.
	By:	 	IDG Technology Venture Investment III, LLC, its General Partner
		
	By:	 	 /s/ Hugo Shong

		 	Name: Hugo Shong
		 	Title: Authorized Signatory
	
	IDG TECHNOLOGY VENTURE INVESTMENT IV, L.P.
	By:	 	IDG Technology Venture Investment IV, LLC,
		 	its General Partner
		
	By:	 	 /s/ Hugo Shong

		 	Name: Hugo Shong
		 	Title: Authorized Signatory

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	CA-JAIC CHINA INTERNET FUND
		
	By:	 	 /s/ Tetsuya Tsuda

		 	Name: Tetsuya Tsuda
		 	Title: director of JAIC International (Hong Kong) Co.Xtd

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	JAFCO ASIA TECHNOLOGY FUND III
		
	By:	 	 /s/ Hiroshi Yamada

		 	Name: Hiroshi Yamada
		 	Title: Attorney

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	CAPITAL TODAY INVESTMENT IV LIMITED
		
	By:	 	 /s/ Deng Wenting

		 	Name: Deng Wenting
		 	Title: Director

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	KTB CHINA OPTIMUM FUND
		
	By:	 	 /s/ Charlie Hong

		 	Name: Charlie Hong
		 	Title: Managing Director

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

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

			
	SENNETT INVESTMENTS (MAURITIUS) PTE LTD
		
	By:	 	 /s/ Juliet Teo

		 	Name: Juliet Teo
		 	Title: Authorized Signatory

  
 SIGNATURE PAGE
TO SALE AND PURCHASE AGREEMENT 

  
 SCHEDULE 1

 PART A 
 PARTICULARS OF THE BVI COMPANY 
  

					
	Name	 	:	  	Starloud Media Co., Limited
			
	Company number	 	:	  	683072
			
	Place of incorporation	 	:	  	British Virgin Islands
			
	Date of incorporation	 	:	  	November 1, 2005
			
	Registered office	 	:	  	P.O. Box 4301, Trinity Chambers, Road Town, Tortola, British Virgin Islands.
			
	Authorised share capital	 	:	  	165,402,826 shares, comprised of (i) 94,154,802 ordinary shares, each with a par value of US$0.001, (ii) 6,000,000 Series A preferred shares authorized, each with a par value of
US$0.001, (iii) 11,333,340 Series B preferred shares authorized, each with a par value of US$0.001, (iv) 13,781,800 Series C preferred shares authorized, each with a par value of US$0.001, (v) 21,671,117 Series D preferred shares authorized, each
with a par value of US$0.001, and (vi) 18,461,767 Series E preferred shares, each with a par value of US$0.001.
			
	Issued shares	 	:	  	83,248,024 shares, comprised of (i) 12,000,000 ordinary shares, (ii) 6,000,000 Series A preferred shares, (iii) 11,333,340 Series B preferred shares, (iv) 13,781,800 Series C
preferred shares, (v) 21,671,117 Series D preferred shares, and (vi) 18,461,767 Series E preferred shares.
			
	Owners of the Sale Shares	 	:	  	

  

							
	 Vendor
	  	 Type
of Shares
	  	No. of
Shares	 
			
	 FIRST EASY GROUP LIMITED
	  	ordinary	  	 	11,300,000	  
	 FAST ACTION MANAGEMENT LIMITED
	  	ordinary	  	 	700,000	  
			
	 IDG TECHNOLOGY VENTURE INVESTMENT III, L.P.
	  	Series A preferred	  	 	6,000,000	  
		  	Series B preferred	  	 	2,000,000	  
		  	Series C preferred	  	 	362,680	  
	 IDG TECHNOLOGY VENTURE INVESTMENT IV, L.P.
	  	Series D preferred	  	 	1,144,601	  
		  	Series E preferred	  	 	738,471	  

  
 1-A-1

							
	 GGV II DELAWARE L.L.C.
	  	Series B preferred	  	 	4,666,670	  
		  	Series C preferred	  	 	1,088,040	  
		  	Series D preferred	  	 	3,052,271	  
		  	Series E preferred	  	 	1,846,177	  
	 JAFCO ASIA TECHNOLOGY FUND III
	  	Series B preferred	  	 	4,666,670	  
		  	Series C preferred	  	 	725,360	  
	 GENERAL CATALYST GROUP IV, L.P.
	  	Series C preferred	  	 	4,239,660	  
		  	Series D preferred	  	 	1,858,361	  
		  	Series E preferred	  	 	791,322	  
	 GC ENTREPRENEURS FUND IV, L.P.
	  	Series C preferred	  	 	112,490	  
		  	Series D preferred	  	 	49,307	  
		  	Series E preferred	  	 	20,996	  
	 CAPITAL TODAY INVESTMENT IV LIMITED
	  	Series C preferred	  	 	4,352,150	  
	 KTB CHINA OPTIMUM FUND
	  	Series C preferred	  	 	2,176,060	  
	 CA-JAIC CHINA INTERNET FUND
	  	Series C preferred	  	 	725,360	  
		  	Series D preferred	  	 	305,227	  
	 CRESCENT PEAK LIMITED
	  	Series D preferred	  	 	5,985,918	  
	 CRESCENT P.E., LTD.
	  	Series D preferred	  	 	5,460,095	  
	 VENROCK ASSOCIATES V, L.P.
	  	Series D preferred	  	 	3,442,579	  
		  	Series E preferred	  	 	266,529	  
	 VENROCK PARTNERS V, L.P.
	  	Series D preferred	  	 	291,873	  
		  	Series E preferred	  	 	22,597	  
	 VENROCK ENTREPRENEURS FUND V, L.P.
	  	Series D preferred	  	 	80,885	  

  
 1-A-2

							
		  	Series E preferred	  	 	6,262	  
	 CRESCENT PEAK II LIMITED
	  	Series E preferred	  	 	1,846,177	  
	 SENNETT INVESTMENTS (MAURITIUS) PTE LTD
	  	Series E preferred	  	 	12,923,236	  
	 Total
	  		  	 	83,248,024	  

  

					
	Directors	 	:	  	Wang Wei; Sam Yung King Lai; Zhang Suyang; David Mc Kee Hand; Hany Nada
			
	Principal activity	 	:	  	Investment holding

 PART B 

 

							
	Record Owner	  	Type of Consideration
Shares to be issued and
alloted by the Purchaser	  	No. of Consideration Shares
to be issued and alloted by
the Purchaser	 
			
	 FIRST EASY GROUP LIMITED
	  	ordinary	  	 	11,299,910	  
	 FAST ACTION MANAGEMENT LIMITED
	  	ordinary	  	 	699,990	  
			
	 IDG TECHNOLOGY VENTURE INVESTMENT III, L.P.
	  	Series A preferred	  	 	6,000,000	  
		  	Series B preferred	  	 	2,000,000	  
		  	Series C preferred	  	 	362,680	  
	 IDG TECHNOLOGY VENTURE INVESTMENT IV, L.P.
	  	Series D preferred	  	 	1,144,601	  
		  	Series E preferred	  	 	738,471	  
	 GGV II DELAWARE L.L.C. 
	  	 Series B preferred
	  	 	4,666,670	  
		  	Series C preferred	  	 	1,088,040	  
		  	Series D preferred	  	 	3,052,271	  
		  	Series E preferred	  	 	1,846,177	  
	 JAFCO ASIA TECHNOLOGY FUND III
	  	Series B preferred	  	 	4,666,670	  
		  	Series C preferred	  	 	725,360	  
	 GENERAL CATALYST GROUP IV, L.P.
	  	 Series C preferred 
	  	 	4,239,660	  
			
		  	Series D preferred	  	 	1,858,361	  
		  	Series E preferred	  	 	791,322	  

  
 1-A-3

							
	 GC ENTREPRENEURS FUND IV, L.P.
	  	Series C preferred	  	 	112,490	  
			
		  	Series D preferred	  	 	49,307	  
		  	Series E preferred	  	 	20,996	  
	 CAPITAL TODAY INVESTMENT IV LIMITED
	  	Series C preferred	  	 	4,352,150	  
	 KTB CHINA OPTIMUM FUND
	  	Series C preferred	  	 	2,176,060	  
			
	 CA-JAIC CHINA INTERNET FUND
	  	Series C preferred	  	 	725,360	  
			
		  	Series D preferred	  	 	305,227	  
	 CRESCENT PEAK LIMITED
	  	Series D preferred	  	 	5,985,918	  
			
	 CRESCENT P.E., LTD.
	  	Series D preferred	  	 	5,460,095	  
	 VENROCK ASSOCIATES V, L.P.
	  	Series D preferred	  	 	3,442,579	  
			
		  	Series E preferred	  	 	266,529	  
	 VENROCK PARTNERS V, L.P.
	  	Series D preferred	  	 	291,873	  
			
		  	Series E preferred	  	 	22,597	  
	 VENROCK
	  	Series D preferred	  	 	80,885	  
			
	 ENTREPRENEURS FUND V, L.P.
	  	Series E preferred	  	 	6,262	  
	 CRESCENT PEAK II LIMITED
	  	Series E preferred	  	 	1,846,177	  
	 SENNETT INVESTMENTS (MAURITIUS) PTE LTD
	  	Series E preferred	  	 	12,923,236	  

  
 1-B-4

  
 SCHEDULE 2

 PART A 
 THE VENDOR WARRANTIES 
  

	1.	Each of the Vendors is solvent, has full power and authority, and has obtained all necessary consents and approvals, to enter and deliver this Agreement, the Assumption
Agreement and any other document or agreement contemplated by this Agreement, and to exercise its rights and perform its obligations hereunder and all corporate and other actions required to authorise its execution of this Agreement, the Assumption
Agreement and any other document or agreement contemplated by this Agreement and its performance of its obligations hereunder have been duly taken. 

  

	2.	When executed and delivered by the Vendors, this Agreement will constitute a valid and legally binding obligation of each Vendor, enforceable in accordance with its
terms. 

  

	3.	The execution, delivery and performance of this Agreement by the Vendors does not and shall not: 

 

	 	(a)	violate in any respect the laws and documents incorporating and constituting each of the Vendors; 

 

	 	(b)	result in the creation or imposition of any encumbrance on any of its assets pursuant to the provisions of any agreement or other undertaking to which any Vendor is a
party or which is binding upon it or any of its assets; or 

  

	 	(c)	violate any agreement or other undertaking to which each of the Vendors is a party or which is binding upon it or any of its assets. 

 

	4.	Excluding any restrictions described in the charter documents of the BVI Company, any restrictions under the Series D Preferred Shares Purchase Agreement, dated
March 26, 2008 (the “Series D Share Purchase Agreement”), by and among the BVI Company, each of the Group Companies as defined therein, each of the Investors as defined therein, each of the Founders as defined therein and other
relevant parties, any restrictions under the Series E Preferred Shares Purchase Agreement, dated July 16, 2010 (the “Series E Share Purchase Agreement”), by and among the BVI Company, each of the Group Companies as defined
therein, each of the Series E Investors as defined therein, each of the Founders as defined therein and other relevant parties, any restrictions under the Fifth Amended and Restated Shareholders’ Agreement, dated July 28, 2010 (the
“Shareholders’ “), by and among the BVI Company, each of the Purchasers as defined therein, each of the Founders as defined therein and other relevant parties, any restrictions under the Fourth Amended and Restated Right of First
Refusal and Co-Sale Agreement, dated July 28, 2010 (the “RFR Agreement”), by and among the BVI Company, each of the Investors as defined therein, each of the Founders as defined therein and other relevant parties, and any
restrictions under the Fourth Amended and Restated Voting Agreement, dated July 28, 2010 (the “Voting Agreement”), by and among the BVI Company, each of the Investors as defined therein, each of the Founders as defined
therein and other relevant parties, or the provisions in respect of the redemption of the Series A, Series B, Series C, Series D and Series E preferred shares of the BVI Company contained in that Company’s Seventh Amended and Restated
Memorandum and Articles of Association, (i) there are no statutory or contractual restrictions on the Vendor’s ability to transfer its Sale Shares pursuant to this Agreement, (ii) there is no option, right to acquire, mortgage, charge,
pledge, lien or other form of security or encumbrance on, over or affecting any of such Sale Shares and there is no agreement or commitment to give or create any of the foregoing; and (iii) each of the Vendors is a registered, and valid legal
and beneficial owner of the Sale Shares. 

  
 2-A-1

  
 PART B

 THE COMPANY WARRANTIES 
  

	1.	Each member of the Company Group (to the extent applicable) is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its
incorporation. Each member of the Company Group has all requisite corporate power and authority to carry on its business as now conducted and as proposed to be conducted and is duly qualified to transact business and is in good standing in each
jurisdiction in which it conducts business and the failure to so qualify would have a material adverse effect on its financial condition, business or properties. 

 

	2.	Each member of the Company Group is solvent, has full power and authority, and has obtained all necessary consents and approvals, to enter and deliver this Agreement,
the Assumption Agreement and any other document or agreement contemplated by this Agreement, and to exercise its rights and perform its obligations hereunder and all corporate and other actions required to authorise its execution of this Agreement,
the Assumption Agreement and any other document or agreement contemplated by this Agreement and its performance of its obligations hereunder have been duly taken. 

 

	3.	When executed and delivered by each member of the Company Group, this Agreement, the Assumption Agreement and any other document or agreement contemplated by this
Agreement will constitute a valid and legally binding obligation of each member of the Company Group, enforceable in accordance with its terms. 

  

	4.	The execution, delivery and performance of this Agreement, the Assumption Agreement and any other document or agreement contemplated by this Agreement by each member of
the Company Group does not: 

  

	 	(a)	violate in any respect the laws and documents incorporating and constituting each member of the Company Group; 

 

	 	(b)	result in the creation or imposition of any encumbrance on any of its assets pursuant to the provisions of any agreement or other undertaking to which any member of the
Company Group is a party or which is binding upon it or any of its assets; or 

  

	 	(c)	violate any agreement or other undertaking to which any of the Company Group is a party or which is binding upon it or any of its assets. 

 

	5.	The authorized capital of the Purchaser is and as of the Completion will be US$1,000,000. The authorized capital of the Purchaser consists, or will consist, immediately
prior to the Completion of: 

 (a) Ordinary Shares. 9,928,751,976 ordinary shares, par value US$0.0001 per
share (collectively, the “Ordinary Shares”), of which only 100 shares are issued and outstanding, and 9,928,751,876 shares are reserved for future issuance. 
 (b) Preferred Shares. 71,248,024 preferred shares, which have been designated as (i) 6,000,000 Series A preferred shares, each with a par value of US$0.0001; (ii) 11,333,340 Series B
preferred shares, each with a par value of US$0.0001; (iii) 13,781,800 Series C preferred shares, each with a par value of US$0.0001; (iv) 21,671,117 Series D preferred shares authorized, each with a par value of US$0.0001;
(v) 18,461,767 Series E preferred shares, each with a par value of US$0.0001, and none of which are issued and outstanding. 

  
 2-B-1

  
 (c) Upon issuance at
the Completion, the Consideration Shares will be duly and validly issued, fully paid, and non-assessable, and will be free of restrictions on transfer other than such restrictions on transfer as may be imposed by the Shareholders’ Agreement,
the Voting Agreement, the RFR Agreement (in each case as amended by the Assumption Agreement) and the Amended and Restated Memorandum and Articles of Association attached hereto as Schedule 5. The Ordinary Shares issuable upon conversion of the
Series A, Series B, Series C, Series D and Series E preferred shares have been duly and validly reserved for issuance and, upon issuance in accordance with the terms of the Amended and Restated Memorandum and Articles of Association attached hereto
as Schedule 5, will be duly and validly issued, fully paid, and non-assessable and will be free of restrictions on transfer other than such restrictions on transfer as may be imposed by the Shareholders’ Agreement, the Voting Agreement, the RFR
Agreement (in each case as amended by the Assumption Agreement) and the Amended and Restated Memorandum and Articles of Association attached hereto as Schedule 5. 
 (d) As of the Completion, except as provided in this Agreement, the Shareholders’ Agreement, the Shareholders’ Agreement, the Voting Agreement, the RFR Agreement and any other document or
agreement contemplated by or refered to in this Agreement, including the rights and privileges of the Series A, Series B, Series C, Series D and Series E preferred shares set forth in the Amended and Restated Memorandum and Articles of Association
attached hereto as Schedule 5: 
  

	 	(i)	there are no outstanding options, warrants, rights (including conversion or preemptive rights and rights of first refusal), proxy or shareholders agreements or
agreements of any kind for the purchase or acquisition from the Purchaser of any of its securities; 

  

	 	(ii)	the Purchaser is not subject to any obligation (contingent or otherwise) to purchase or otherwise acquire or retire any equity interest held by its shareholders or to
purchase or otherwise acquire or retire any of its other outstanding securities; 

  

	 	(iii)	there is no option, right to acquire, mortgage, charge, pledge, lien or other form of security or encumbrance on, over or affecting any of the Consideration Shares and
there is no agreement or commitment to give or create any of the foregoing. 

  

	6.	There are no statutory or contractual restrictions on the Purchaser’s ability to issue the Consideration Shares pursuant to this Agreement, the Assumption
Agreement and any other document or agreement contemplated by this Agreement. 

  

	7.	No consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any governmental authority or other third
party on the part of any member of the Company Group will be required in connection with the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby which has not already been secured or
effected or will be secured or effected prior to the Completion. 

  

	8.	No action, suit, proceeding, claim, arbitration or investigation has been threatened or instituted against any of the Company Group seeking to enjoin, challenge the
validity of, or assert any liability against any of them, on account of any transaction contemplated by this Agreement. 

  

	9.	The Purchaser is a special purpose vehicle and has no business activities other than (i) the acquisition and holding of the Sale Shares and (ii) such matters
as are necessary in the furtherance of an initial public offering of the Purchaser. Except for this Agreement, the Assumption Agreement, the Option Exchange Agreement (the “Option Exchange Agreement”) and the Warrant Exchange
Agreement (the “Warrant Exchange Agreement”) entered into with the BVI Company and other relevant parties, and the Registered Office Agreement with Offshore Incorporations (Cayman) Limited, the Purchaser has no outstanding
liabilities and is not party to any other contract, agreement or undertaking. 

  
 2-B-2

  

	10.	The Company Group has provided the Vendors with all information that the Company believes is materially necessary to enable the Vendors to decide whether to enter into
the transactions contemplated hereunder. None of this Agreement or any other statements or certificates or other materials made or delivered, or to be made or delivered to any of the Vendors in connection herewith or therewith, contains any untrue
statement of a material fact or omits to state a material fact necessary to make the statements herein or therein not misleading. 

  
 2-B-3

  
 SCHEDULE 3

 FORM OF THE SHAREHOLDERS RESOLUTIONS OF 
 TUDOU HOLDINGS LIMITED 
 Unanimous Written Resolutions of the
Shareholders of 
 Tudou Holdings Limited (the “Company”) 

We, being the all shareholders of the Company entitled to receive notice of and attend and vote at general meetings of the Company, DO HEREBY ADOPT AND
PASS the following resolutions with immediate effect : 
 RESOLVED, AS A SPECIAL RESOLUTION, THAT: 

 

	1.	ADOPTION OF AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION. 

 The existing Memorandum and Articles of Association of the Company be and are hereby replaced in their entirety with the Amended and Restated Memorandum and Articles of Association, attached hereto as
Exhibit A. 
  

	2.	VARIATION OF SHARE CAPITAL 

The authorised capital of the Company, being US$50,000 divided into 50,000,000 shares of a nominal or par value of US$0.001 each, be and
is hereby increased and varied as follows: 
  

	 	a.	by the sub-division of each of the 50,000,000 issued and unissued shares with a par value of US$0.001 each into 10 shares with a par value of US$0.0001 each, so that
thereafter, the total number of shares is 500,000,000 shares with par value of US$0.0001 each; 

  

	 	b.	by the creation of an additional 9,500,000,000 shares with a par value of US$0.0001 each to rank pari passu in all respects with the existing shares; and

  

	 	c.	by re-designating (a) 9,928,751,976 shares as ordinary shares (including all the 100 issued shares of the Company following the sub-division pursuant to
sub-paragraph (a) above), and (b) 71,248,024 shares as Preferred Shares, of which (i) 6,000,000 shall be designated as Series A Preferred Shares, (ii) 11,333,340 shall be designated as Series B Preferred Shares,
(iii) 13,781,800 shall be designated as Series C Preferred Shares, (iv) 21,671,117 shall be designated as Series D Preferred Shares, and (v) 18,461,767 shall be designated as Series E Preferred Shares, in each case having the rights,
preferences, privileges and restrictions attaching thereto as provided in the Amended and Restated Memorandum and Articles of Association adopted pursuant to these resolutions, 

 so that the authorised capital shall be US$1,000,000 divided into (a) 9,928,751,976 ordinary shares with a par value of US$0.0001 each, and (b) 71,248,024 Preferred Shares with a par value of
US$0.0001 each, of which (i) 6,000,000 are designated as Series A Preferred Shares, (ii) 11,333,340 are designated as Series B Preferred Shares, (iii) 13,781,800 are designated as Series C Preferred Shares, (iv) 21,671,117 are
designated as Series D Preferred Shares, and (v) 18,461,767 are designated as Series E Preferred Shares. 

  
 3-1

  
 RESOLVED, AS ORDINARY RESOLUTIONS,
THAT: 
  

	3.	SALE AND PURCHASE AGREEMENT 

 The sale and purchase agreement (the “Sale and Purchase Agreement”), attached hereto as Exhibit B, to be entered into between First Easy, Fast Action, IDG III, IDG IV, GGV, JAFCO, General
Catalyst, GC Entrepreneurs, Capital Today, KTB, CA-JAIC, Crescent Peak, Crescent P.E., Venrock Associates, Venrock Partners, Venrock Entrepreneurs, Crescent Peak II and Sennett Investments (as defined in the Sale and Purchase Agreement), as vendors
(the “Vendors”), and the Company as purchaser, relating to the purchase by the Company of the entire issued share capital (the “Sale Shares”) in StarCloud Media Co., Limited (“StarCloud Media”), be
and is hereby approved. 
  

	4.	CONSIDERATION 

 In
consideration of the sale by the Vendors of the Sale Shares, the Directors of the Company are hereby authorised to allot and issue as fully paid, validly issued and nonassessable, an aggregate of (i) 11,999,900 Ordinary Shares,
(ii) 6,000,000 Series A Preferred Shares, (iii) 11,333,340 Series B Preferred Shares, (iv) 13,781,800 Series C Preferred Shares, (v) 21,671,117 Series D Preferred Shares, and (v) 18,461,767 Series E Preferred Shares (the
“Consideration Shares”) to the Vendors (or their respective nominees) in the proportions as set out in Part B of Schedule 1 of the Sale and Purchase Agreement. 

 

	5.	SHARE INCENTIVE PLAN 

 The
Company’s 2010 Share Incentive Plan attached hereto as Exhibit C (the “Share Incentive Plan”) be and is hereby approved. 

  
 3-2

  
 Date: 21 of September 2010

  

	
	  

	FIRST EASY GROUP LIMITED
	
	  

	FAST ACTION MANAGEMENT LIMITED

  
 3-3

  
 SCHEDULE 4

 FORM OF BOARD RESOLUTIONS OF TUDOU HOLDINGS LIMITED 

UNANIMOUS WRITTEN BOARD RESOLUTIONS OF 
 TUDOU HOLDINGS LIMITED 
 (THE “COMPANY”) 

 

	1	DISCLOSURE OF INTERESTS 

It is noted that the directors declared their interests in the matters referred to herein that would require disclosure in accordance with
the articles of association of the Company. 
  

	2.	SALE AND PURCHASE AGREEMENT 

 2.1 It was noted that it was proposed that the Company should acquire the entire issued share capital (the “Sale Shares”) in StarCloud Media Co., Limited (“StarCloud
Media”) subject to the terms and conditions of the Sale and Purchase Agreement entered into between First Easy, Fast Action, IDG III, IDG IV, GGV, JAFCO, General Catalyst, GC Entrepreneurs, Capital Today, KTB, CA-JAIC, Crescent Peak,
Crescent P.E., Venrock Associates, Venrock Partners, Venrock Entrepreneurs, Crescent Peak II and Sennett Investments (as defined in the Sale and Purchase Agreement), as vendors (the “Vendors”), and the Company as purchaser (the
“Sale and Purchase Agreement”). 
 2.2 It was noted that as part of the Sale and Purchase Agreement, the
following share transfers would be done: 
  

	 	(a)	a share transfer (“Transfer 1”) in respect of 11,300,000 Ordinary Shares of StarCloud Media from First Easy as the transferor to the Company as the
transferee; 

  

	 	(b)	a share transfer (“Transfer 2”) in respect of 700,000 Ordinary Shares of StarCloud Media from Fast Action as the transferor to the Company as the
transferee; 

  

	 	(c)	a share transfer (“Transfer 3”) in respect of 6,000,000 Series A preferred shares, 2,000,000 Series B preferred shares and 362,680 Series C preferred
shares of StarCloud Media from IDG III as the transferor to the Company as the transferee; 

  

	 	(d)	a share transfer (“Transfer 4”) in respect of 1,144,601 Series D preferred shares and 738,471 Series E prefered shares of StarCloud Media from IDG IV
as the transferor to the Company as the transferee; 

	 	(e)	a share transfer (“Transfer 5”) in respect of 4,666,670 Series B preferred shares, 1,088,040 Series C preferred shares, 3,052,271 Series D preferred
shares and 1,846,177 Series E prefered shares of StarCloud Media from GGV as the transferor to the Company as the transferee; 

  

	 	(f)	a share transfer (“Transfer 6”) in respect of 4,666,670 Series B preferred shares and 725,360 Series C preferred shares of StarCloud Media from JAFCO
as the transferor to the Company as the transferee; 

  

	 	(g)	a share transfer (“Transfer 7”) in respect of 4,239,660 Series C preferred shares, 1,858,361 Series D preferred shares and 791,322 Series E prefered
shares of StarCloud Media from General Catalyst as the transferor to the Company as the transferee; 

  
 4-1

  

	 	(h)	a share transfer (“Transfer 8”) in respect of 112,490 Series C preferred shares, 49,307 Series D preferred shares and 20,996 Series E prefered shares
of StarCloud Media from GC Entrepreneurs as the transferor to the Company as the transferee; 

  

	 	(i)	a share transfer (“Transfer 9”) in respect of 4,352,150 Series C preferred shares of StarCloud Media from Capital Today as the transferor to the
Company as the transferee; 

  

	 	(j)	a share transfer (“Transfer 10”) in respect of 2,176,060 Series C preferred shares of StarCloud Media from KTB as the transferor to the Company as the
transferee; 

  

	 	(k)	a share transfer (“Transfer 11”) in respect of 725,360 Series C preferred shares and 305,227 Series D prefered shares of StarCloud Media from CA-JAIC
as the transferor to the Company as the transferee; 

  

	 	(l)	a share transfer (“Transfer 12”) in respect of 5,985,918 Series D preferred shares of StarCloud Media from Crescent Peak as the transferor to the
Company as the transferee; 

  

	 	(m)	a share transfer (“Transfer 13”) in respect of 5,460,095 Series D preferred shares of StarCloud Media from Crescent P.E. as the transferor to the
Company as the transferee; 

  

	 	(n)	a share transfer (“Transfer 14”) in respect of 3,442,579 Series D preferred shares and 266,529 Series E prefered shares of StarCloud Media from Venrock
Associates as the transferor to the Company as the transferee; 

  

	 	(o)	a share transfer (“Transfer 15”) in respect of 291,873 Series D preferred shares and 22,597 Series E prefered shares of StarCloud Media from Venrock
Partners as the transferor to the Company as the transferee; 

  

	 	(p)	a share transfer (“Transfer 16”) in respect of 80,885 Series D preferred shares and 6,262 Series E prefered shares of StarCloud Media from Venrock
Entrepreneurs as the transferor to the Company as the transferee; 

  

	 	(q)	a share transfer (“Transfer 17”) in respect of 1,846,177 Series E preferred shares of StarCloud Media from Crescent Peak II as the transferor to the
Company as the transferee; 

  

	 	(r)	a share transfer (“Transfer 18”) in respect of 12,923,236 Series E preferred shares of StarCloud Media from Sennett Investments as the transferor to
the Company as the transferee. 

 2.3 It was noted that, pursuant to the Sale and Purchase Agreement, the Vendors
have each undertaken to the Company that they shall deliver to the Company on Completion (as defined therein) the share certificates in respect of all the shares owned by them, respectively, in the share capital of StarCloud Media and which are the
subject of the Sale and Purchase Agreement, together with instruments of transfer in favour of the Company in respect of such shares duly executed by the registered holders thereof. 

2.4 It was noted that, pursuant to the Sale and Purchase Agreement, the Company has undertaken to each Vendor to deliver original share
certificates for the Consideration Shares issued by the Company in such share amounts and to such persons/entities as set 

forth on Schedule 1, Part B of the Sale and Purchase Agreement, as soon as reasonably practicable following the Completion (as defined
therein) and in any event not later than fifteen days after the Completion (as defined therein). 

  
 4-2

  
 2.5 It was noted that
written resolutions (the “Written Resolutions”) of the shareholders of the Company had previously been passed approving, among other matters, the adoption of the Amended and Restated Memorandum and Articles of Association and the
Sale and Purchase Agreement. 
  

	3.	AGREEMENT FOR THE TRANSFER AND ASSUMPTION OF OBLIGATIONS 

 It is noted that the Company and all parties to the Series D Preferred Shares Purchase Agreement dated March 26, 2008, the Series E Preferred Shares Purchase Agreement dated July 16, 2010, the
Fifth Amended and Restated Shareholders’ Agreement dated July 28, 2010, the Fourth Amended and Restated Right of First Refusal and Co-Sale Agreement dated July 28, 2010, and the Fourth Amended and Restated Voting Agreement dated
July 28, 2010, proposed to enter into an agreement for the transfer and assumption of obligations (“Agreement for the Transfer and Assumption of Obligations”), pursuant to which, StarCloud Media will assign all of its rights
and obligations under the above Series D Preferred Shares Purchase Agreement, Series E Preferred Shares Purchase Agreement, the Fifth Amended and Restated Shareholders’ Agreement, the Fourth Amended and Restated Right of First Refusal and
Co-Sale Agreement and the Fourth Amended and Restated Voting Agreement to the Company. It is noted that the draft Agreement for the Transfer and Assumption of Obligations has been reviewed by the directors and the terms thereof fully discussed.

 It is noted that pursuant to the Agreement for the Transfer and Assumption of Obligations, the board of directors of the
Company shall be the same as the board of directors of StarCloud Media. 
  

	4.	SHARE INCENTIVE PLAN AND OPTION EXCHANGE AGREEMENTS 

 4.1 It was noted that the directors of the Company wishes to adopt and approve a share incentive plan in order to attract and retain the best available personnel, and provide additional incentives to
employees, directors and consultants of the Company. It was also noted that the Written Resolutions had previously been passed approving, among other matters, the Company’s 2010 Share Incentive Plan (the “Share Incentive
Plan”). 
 4.2 It was noted that the Company and StarCloud Media proposed to enter into the option exchange agreements
(the “Option Exchange Agreements”) with each grantee thereunder, pursuant to which the parties thereto will exchange the option to purchase ordinary shares in StarCloud Media for the option to purchase ordinary shares in the
Company. It is noted that the draft form of the Option Exchange Agreements has been reviewed by the directors and the terms thereof fully discussed. 
  

	5	WARRANT EXCHANGE AGREEMENTS 

 It was also noted that the Company, StarCloud Media proposed to enter into the warrant exchange agreements (the “Warrant Exchange Agreements”) with each warrant holder thereunder,
pursuant to which the parties thereto will exchange the warrant to purchase Series E preferred shares or Series D preferred shares in StarCloud Media for warrant to purchase Series E preferred shares or Series D preferred shares in the Company. It
is noted that the draft form of the Warrant Exchange Agreements has been reviewed by the directors and the terms thereof fully discussed. 

  
 4-3

  

	6	RESOLUTIONS 

 RESOLVED
THAT: 
  

	 	(a)	the acquisition of the Sale Shares would be in the best interests and commercial benefit of the Company and such acquisition be and the same is hereby approved;

  

	 	(b)	the form and substance of the Sale and Purchase Agreement, attached hereto as Exhibit A, be and is hereby approved; 

 

	 	(c)	any one Director of the Company (a “Director”) be and is hereby authorised to sign for and on behalf of the Company the Sale and Purchase Agreement and
the share transfer forms (if necessary) for the Transfers 1 through 18; 

  

	 	(d)	any one Director be and is hereby authorised to sign any further documents incidental or ancillary to or in connection with each of the documents referred to above, and
such further documents as he considers necessary, desirable or incidental to transactions contemplated by the Sale and Purchase Agreement; 

  

	 	(e)	any Director be and is hereby authorised to allot and the Company issue as fully paid, validly issued and nonassessable, an aggregate of (i) 11,999,900 Ordinary
Shares, (ii) 6,000,000 Series A Preferred Shares, (iii) 11,333,340 Series B Preferred Shares, (iv) 13,781,800 Series C Preferred Shares, (v) 21,671,117 Series D Preferred Shares, and (v) 18,461,767 Series E Preferred Shares
of the Company (the “Consideration Shares”) to the Vendors (or their respective nominees) in such proportions as set out in Part B of Schedule 1 of the Sale and Purchase Agreement and the allottees be entered in the Company’s
register of members as the holders of the said Consideration Shares; 

  

	 	(f)	any one Director or officer of the Company be and is hereby authorised to issue share certificates evidencing the issue and allotment of the Consideration Shares as
disclosed above; 

  

	 	(g)	the form and substance of the Agreement for the Transfer and Assumption of Obligations, attached hereto as Exhibit B, be and is hereby approved;

  

	 	(h)	any one Director be and is hereby authorised to sign for and on behalf of the Company the Agreement for the Transfer and Assumption of Obligations;

  

	 	(i)	any one Director be and is hereby authorised to sign any further documents incidental or ancillary to or in connection with each of the documents referred to above, and
such further documents as he considers necessary, desirable or incidental to transactions contemplated by the Agreement for the Transfer and Assumption of Obligations; 

 

	 	(j)	Sam Yung King Lai; Zhang Suyang, David Mc Kee Hand and Hany Nada are appointed as directors of the Company with immediate effect. 

 

	 	(k)	the form and substance of the Share Incentive Plan, attached hereto as Exhibit C, be and is hereby approved, 

  
 4-4

  

	 	(l)	the form and substance of the form of Option Agreement of the Company (“Option Agreement”), attached hereto as Exhibit D, be and is hereby approved,
and the Company be and is hereby authorized and approved to grant that number of options to purchase ordinary shares of the Company to the grantees pursuant to the Share Incentive Plan, subject to entering into the Option Exchange Agreement or the
Option Agreement between the Company and each grantee; 

  

	 	(m)	the form and substance of the Option Exchange Agreements, attached hereto as Exhibit E, be and is hereby approved, and any one Director be and is hereby authorised to
sign for and on behalf of the Company the Option Exchange Agreements; 

  

	 	(n)	the form and substance of the Warrant Exchange Agreement, attached hereto as Exhibit F, be and is hereby approved, and any one Director be and is hereby authorised to
sign for and on behalf of the Company the Warrant Exchange Agreements; 

  

	 	(o)	any one Director be and hereby is authorized and approved to issue warrants to purchase shares of the Company purusant to the Warrant Exchange Agreements and any one
Director be and is hereby authorized to allot and issue shares of the Company upon exercise of these warrants; 

  

	 	(p)	any one Director be and is hereby authorised to approve any amendments to each of the documents referred to in this paragraph 6, such approval being conclusively
evidenced by his signature on the relevant documents; 

  

	 	(q)	any Director be authorised to give, make, sign, execute (under hand, seal or as a deed) and deliver the documents referred to in these resolutions
(“Documents”) and all such deeds, agreements, letters, notices, certificates, acknowledgements, receipts, authorisations, instructions, releases, waivers, appointments of agents for service of process and other documents (whether of a like
nature or not) (“Ancillary Documents”) as may in the sole opinion and absolute discretion of any Director be considered necessary or desirable for the purpose of compliance with any condition precedent or the coming into effect of or
otherwise giving effect to, consummating or completing or procuring the performance and completion of all or any of the transactions contemplated by or referred to in any of the Documents and to do all other such acts and things as might in the sole
opinion and absolute discretion of any Director be necessary or desirable for the purposes aforesaid; 

  

	 	(r)	the Ancillary Documents be in such form as any Director shall in his absolute discretion and sole opinion approve, the signature of any such Director on any of the
Ancillary Documents being due evidence for all purposes of his approval of the terms thereof on behalf of the Company; 

  

	 	(s)	the Documents and Ancillary Documents (where required to be executed by the Company) be executed by the signature thereof of any Director or where required to be
executed as a deed, be either (a) sealed by the affixing thereto of the common seal of the Company, and witnessed as required by the articles of association of the Company, or (b) executed as a deed by any Director on behalf of the
Company; 

  

	 	(t)	all the Documents and Ancillary Documents be valid, conclusive, binding on and enforceable against the Company when executed and delivered in manner aforesaid; and

  
 4-5

  

	 	(u)	each of the Directors are hereby authorized and directed to take any and all other actions and to execute any other documents that they deem necessary or appropriate to
carry out the intent of the foregoing resolutions, and all prior actions taken in connection therewith are hereby confirmed, ratified and approved. 

 

			
	 /s/ Wang Wei

	Name:	 	Wang Wei
	Title:	 	Director
	Date:	 	
	
	 /s/ Marc Christiaen van der Chijs

	Name:	 	Marc Christiaen van der Chijs
	Title:	 	Director
	Date:	 	

  
 4-6

  
 SCHEDULE 5

 FORM OF AMENDED AND RESTATED 
 MEMORANDUM AND ARTICLES OF ASSOCIATION OF 
 TUDOU HOLDINGS LIMITED

  
 5-1

  
 SCHEDULE 6

 FORM OF BOARD RESOLUTIONS OF STARCLOUD MEDIA CO., LIMITED 

StarCloud Media Co., Limited 
 (Incorporated In B.V.I.) 
 WRITTEN RESOLUTIONS OF ALL THE DIRECTORS OF THE COMPANY DATED SEPTEMBER
[ 21 ] , 2010. 
  
  
 We, the undersigned, being all the directors of the Company HEREBY RESOLVE AS FOLLOWS: 
  

	1.	Disclosure of interests 

 It is
noted that the directors declared their interests in the matters referred to herein that would require disclosure in accordance with the articles of association of the Company. 

 

	2.	Transaction Documents 

 It is noted
that the Company proposed to enter into a sale and purchase agreement (the “Sale and Purchase Agreement”), pursuant to which the vendors of shares of the Company named therein shall transfer their shares in the Company to Tudou
Holdings Limited (“Tudou Holdings”) in exchange for shares in Tudou Holdings to be issued to them by Tudou Holdings. It is noted that the draft Sale and Purchase Agreement, attached hereto as Exhibit A, has been reviewed by the directors
and the terms thereof fully discussed. 
 It is noted that Tudou Holdings and all parties to the Series D Preferred Shares Purchase Agreement,
dated March 26, 2008, the Series E Preferred Shares Purchase Agreement, dated July 16, 2010, the Fifth Amended and Restated Shareholders’ Agreement, dated July 28, 2010, the Fourth Amended and Restated Right of First Refusal and
Co-Sale Agreement, dated July 28, 2010 and the Fourth Amended and Restated Voting Agreement, dated July 28, 2010, proposed to enter into an agreement for the transfer and assumption of obligations (“Agreement for the Transfer and
Assumption of Obligations”), pursuant to which, the Company will assign all of its rights and obligations under the above Series D Preferred Shares Purchase Agreement, Series E Preferred Shares Purchase Agreement, the Fifth Amended and
Restated Shareholders’ Agreement, the Fourth Amended and Restated Right of First Refusal and Co-Sale Agreement and the Fourth Amended and Restated Voting Agreement to Tudou Holdings. It is noted that the draft Agreement for the Transfer and
Assumption of Obligations, attached hereto as Exhibit B, has been reviewed by the directors and the terms thereof fully discussed. 
 It is
noted that the Company and Tudou Holdings proposed to enter into the option exchange agreements (the “Option Exchange Agreements”) with each grantee thereunder, pursuant to which the parties thereto will exchange the option to
purchase ordinary shares in the Company for the option to purchase ordinary shares in Tudou Holdings. It is noted that the draft form of the Option Exchange Agreements has been reviewed by the directors and the terms thereof fully discussed.

 It is also noted that the Company and Tudou Holdings proposed to enter into the warrant exchange agreements (the “Warrant Exchange
Agreements”) with each warrant holder thereunder, pursuant to which the parties thereto will exchange the warrant to purchase Series E preferred shares or Series D preferred shares in the Company for warrant to purchase Series E preferred
shares or Series D preferred shares in Tudou Holdings. It is noted that the draft form of the Warrant Exchange Agreements has been reviewed by the directors and the terms thereof fully discussed. 

  
 6-1

  
 The Agreement for the Transfer and
Assumption of Obligations, the Sale and Purchase Agreement, the Option Exchange Agreements and the Warrant Exchange Agreements are herein collectively referred to as the “Agreements”. 

 

	3.	Resolutions 

 IT
IS UNANIMOUSLY RESOLVED: 
  

	(i)	THAT the Agreements be and are hereby approved. 

  

	(ii)	THAT the following transfers of the Sale Shares (as defined in the Sale and Purchase Agreement) be approved, instruments of transfer signed on behalf of the transferors
having been received by the Company, upon and with effect from Completion of the Sale and Purchase Agreement in accordance with its terms: 

  

					
	 Transferor
	  	 No. and Type of Shares
	  	 Transferee

	FIRST EASY GROUP LIMITED	  	11,300,000 ordinary	  	Tudou Holdings Limited
	FAST ACTION MANAGEMENT LIMITED	  	700,000 ordinary	  	Tudou Holdings Limited
	 IDG TECHNOLOGY VENTURE
 INVESTMENT III, L.P.
	  	6,000,000 Series A preferred	  	Tudou Holdings Limited
	  	2,000,000 Series B preferred	  
	  	362,680 Series C preferred	  
	 IDG TECHNOLOGY VENTURE
 INVESTMENT IV, L.P.
	  	1,144,601 Series D preferred	  	Tudou Holdings Limited
	  	738,471 Series E preferred	  
	GGV II DELAWARE L.L.C.	  	4,666,670 Series B preferred	  	Tudou Holdings Limited
	  	1,088,040 Series C preferred	  
	  	3,052,271 Series D preferred	  
	  	1,846,177 Series E preferred	  
	 JAFCO ASIA TECHNOLOGY
 FUND III
	  	4,666,670 Series B preferred	  	Tudou Holdings Limited
	  	725,360 Series C preferred	  
	 GENERAL CATALYST GROUP
 IV, L.P.
	  	4,239,660 Series C preferred	  	Tudou Holdings Limited
	  	1,858,361 Series D preferred	  
	  	791,322 Series E preferred	  
	 GC ENTREPRENEURS FUND
 IV, L.P.
	  	112,490 Series C preferred	  	Tudou Holdings Limited
	  	49,307 Series D preferred	  
	  	20,996 Series E preferred	  
	 CAPITAL TODAY

INVESTMENT IV LIMITED
	  	4,352,150 Series C preferred	  	Tudou Holdings Limited
	  	  
	KTB CHINA OPTIMUM FUND	  	2,176,060 Series C preferred	  	Tudou Holdings Limited
	  	  
	 CA-JAIC CHINA INTERNET
 FUND
	  	725,360 Series C preferred	  	Tudou Holdings Limited
	  	305,227 Series D preferred	  
	CRESCENT PEAK LIMITED	  	5,985,918 Series D preferred	  	Tudou Holdings Limited
	CRESCENT P.E., LTD.	  	5,460,095 Series D preferred	  	Tudou Holdings Limited

  
 6-2

					
	 VENROCK ASSOCIATES V,
 L.P.
	  	3,442,579 Series D preferred	  	Tudou Holdings Limited
	  	266,529 Series E preferred	  
	VENROCK PARTNERS V, L.P.	  	291,873 Series D preferred	  	Tudou Holdings Limited
	  	22,597 Series E preferred	  
	 VENROCK ENTREPRENEURS
 FUND V, L.P.
	  	80,885 Series D preferred	  	Tudou Holdings Limited
	  	6,262 Series E preferred	  
	CRESCENT PEAK II LIMITED	  	1,846,177 Series E preferred	  	Tudou Holdings Limited
	SENNETT INVESTMENTS (MAURITIUS) PTE LTD	  	12,923,236 Series E preferred	  	Tudou Holdings Limited
	Total	  	83,248,024	  	

  

	(iii)	THAT any Director of the Company be and is hereby authorized to give, make, sign, execute (under hand, seal or as a deed) and deliver the Agreements and all such deeds,
agreements, letters, notices, certificates, acknowledgements, receipts, authorizations, instructions, releases, waivers, proxies, appointments of agents for service of process and other documents (whether of a like nature or not) (“Ancillary
Documents”) as may in the sole opinion and absolute discretion of any Director be considered necessary or desirable for the purpose of compliance with any condition precedent or the coming into effect of or otherwise giving effect to,
consummating or completing or procuring the performance and completion of all or any of the transactions contemplated by or referred to in any of the Agreements and to do all other such acts and things as might in the sole opinion and absolute
discretion of any Director be necessary or desirable for the purposes aforesaid. 

  

	(iv)	THAT the Ancillary Documents be in such form as any Director of the Company shall in his absolute discretion and sole opinion approve, the signature of any such person
on any of the Ancillary Documents being due evidence for all purposes of his approval of the terms thereof on behalf of the Company. 

  

	(v)	THAT the Agreements and Ancillary Documents (where required to be executed as deeds, under seal or as agreements under hand by the Company) be executed by the signature
thereon of any Director of the Company or in such other manner as is permitted by the Articles of Association of the Company. 

  

	(vi)	THAT all the Agreements and Ancillary Documents be valid, conclusive, binding on and enforceable against the Company when executed and delivered in manner aforesaid.

  

	(vii)	THAT each of the directors of the Company are hereby authorized and directed to take any and all other actions and to execute any other documents that they deem
necessary or appropriate to carry out the intent of the foregoing resolutions, and all prior actions taken in connection therewith are hereby confirmed, ratified and approved. 

 

	(viii)	THAT in accordance with the above resolutions the register of members of the Company be updated and a share certificate or certificates be issued to Tudou Holdings.

  
 6-3

  
 Dated SEPTEMBER [ 21 ], 2010

  

	
	 /s/ Wang Wei

	Wang Wei
	
	 /s/ Sam Yung King Lai

	Sam Yung King Lai
	
	 /s/ Zhang Suyang

	Zhang Suyang
	
	 /s/ David Mc Kee Hand

	David Mc Kee Hand
	
	 /s/ Hany Nada

	Hany Nada

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