Document:

Amended and Restated Exclusive Technical and Consulting Services Agreement

  
 Exhibit 10.12 

 
  
 AMENDED AND RESTATED 
 EXCLUSIVE TECHNICAL AND CONSULTING SERVICES 

AGREEMENT 
 This Amended and Restated
Exclusive Technical and Consulting Services Agreement (this “Agreement”) is entered in Beijing, People’s Republic of China (the “PRC”, excluding the Hong Kong Special Administrative Region, the Macao Special
Administrative Region and Taiwan, for purposes of this agreement) and dated August 16, 2010 by and between the following two parties: 
  

	(1)	PARTY A: 1VERGE INTERNET TECHNOLOGY (BEIJING) CO., LTD 

 Legal Address: Section D, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China 

Legal Representative: Victor Wing Cheung Koo 
  

	(2)	PARTY B: JIAHEYI ADVERTISING (BEIJING) CO., LTD. 

 Legal Address: Section D, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China 

Legal Representative: QIN Qiong 
 (Individually a
“Party”, and collectively the “Parties”) 
 WHEREAS: 

 

	A.	Party A, a wholly foreign-owned enterprise registered in the PRC under the laws of the PRC, owns resources to provide the technical and consulting services;

  

	B.	Party B, a domestic company registered in the PRC, is approved by the relevant government authorities to engage in the advertising agency and publishing businesses;

  

	C.	Party A agrees to be the provider of technical and consulting services to Party B, and Party B hereby agrees to accept such technical and consulting services.

 THEREFORE, the Parties through friendly negotiation and based on the principle of equality and mutual benefit, enter into the
Agreement as follows: 
  

	1.	Technical and Consulting Services; Ownership and Exclusive Interests 

  

	 	1.1	During the term of this Agreement, Party A agrees to provide the relevant Technical and Consulting services to Party B (as specified in Appendix 1, the
“Services”) in accordance with the Agreement. 

  

	 	1.2	Party B hereby agrees to accept Services. Party B further agrees that, during the term of this Agreement, it shall not utilize any third party to provide such Services for such
above-mentioned business without the prior written consent of Party A. 

  

 

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-1-

  
  

  

	 	1.3	Party A shall be the sole and exclusive owner of all rights, title, interests and intellectual property rights arising from the performance of this Agreement, including, (but not
limited to, any copyrights, patent, know-how, commercial secrets and otherwise), whether developed by Party A or Party B based on Party A’s intellectual property. 

 

	 	1.4	Party B covenants that Party A have the priority on cooperation with Party B in the same condition in case Party B is going to cooperate with other enterprises in respect of any
business. 

  

	2.	Calculation and Payment of the Fee for Technical and Consulting Services (The “Fee”) 

The Parties agree that the Fee under this Agreement shall be determined according to the Appendix 2. 

 

	3.	Representations and Warranties 

  

	 	3.1	Party A hereby represents and warrants as follows: 

  

	 	3.1.1	Party A is a company duly registered and validly existing under the laws of the PRC; 

 

	 	3.1.2	Party A has full right, power, authority and capacity and all consents and approvals of any other third party and government necessary to execute and perform this Agreement,
which shall not be against any enforceable and effective laws or contracts; 

  

	 	3.1.3	the Agreement will constitute a legal, valid and binding agreement of Party A enforceable against it in accordance with its terms upon its execution. 

 

	 	3.2	Party B hereby represents and warrants as follows: 

  

	 	3.2.1	Party B is a company duly registered and validly existing under the laws of the PRC and is qualified and approved to engage in the advertising agency and publishing businesses.

  

	 	3.2.2	Party B has full right, power, authority and capacity and all consents and approvals of any other third party and government necessary to execute and perform this Agreement,
which shall not be against any enforceable and effective laws or contracts. 

  

	 	3.2.3	Once the Agreement has been duly executed by the Parties, it will constitute a legal, valid and binding agreement of Party B enforceable against it in accordance with its terms
upon its execution. 

  
  

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-2-

  
  

  

	4.	Confidentiality 

  

	 	4.1	Party B agrees to use all reasonable means to protect and maintain the confidentiality of Party A’s confidential data and information acknowledged or received by Party B by
accepting the Services from Party A (collectively the “Confidential Information”). Party B shall not disclose or transfer any Confidential Information to any third party without Party A’s prior written consent. Upon termination
or expiration of this Agreement, Party B shall, at Party A’s option, return all and any documents, information or software contained any of such Confidential Information to Party A or destroy it, delete all of such Confidential Information from
any memory devices, and cease to use them. Party B shall take necessary measures to keep the Confidential Information to the employees, agents or professional consultants of Party B who are necessary to get to know such Information and procure them
to observe the confidential obligations hereunder. 

  

	 	4.2	The limitation stipulated in Section 4.1 shall not apply to: 

  

	 	4.2.1	the materials available to the public at the time of disclosure; 

  

	 	4.2.2	the materials that become available to the public after the disclosure without fault of Party B; 

 

	 	4.2.3	the materials Party B prove to have got the control neither directly nor indirectly from any other party before the disclosure; 

 

	 	4.2.4	the information that each Party is required by law to disclose to relevant government authorities, stock exchange institute, or that is necessary to disclose the above
confidential information directly to the legal counselor and financial consultant in order to keep its usual business. 

  

	 	4.3	Both Parties agree that this article shall survive the modification, elimination or termination of this Agreement. 

 

	5.	Indemnity 

 In the event that a Party
fails to comply with any of its obligations hereunder and such failure results in direct losses to the other Party, the defaulting Party shall make full and effective compensation to the other Party promptly upon receipt of a written notice from the
non-defaulting Party. The compensation that the defaulting Party shall pay to the non-defaulting Party for its defaulting action shall be equivalent to the actual losses caused by its default, which shall not include special, consequential or
punitive damages or compensation for lost profit. If the failure renders impossible the continued performance of this Agreement, the other Party shall have the right to terminate this Agreement. 

 
  

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-3-

  
  

  

	6.	Effective Date and Term 

  

	 	6.1	This Agreement shall be effective upon its being signed by the Parties hereunder. The term of this Agreement is ten (10) years, unless earlier terminated as set forth in
this Agreement or in accordance with the terms set forth in the agreement entered into by both Parties separately. 

  

	 	6.2	This Agreement shall be automatically extended for another ten (10) years except Party A gives its written notice terminating this Agreement three (3) months before the
expiration of this Agreement. 

  

	7.	Termination 

  

	 	7.1	This Agreement shall expire on the date due unless this Agreement is extended as set forth in the relevant terms hereunder. 

 

	 	7.2	During the term of this Agreement, Party B is not permitted to terminate this Agreement early. Notwithstanding the foregoing, Party A may terminate this Agreement at any time
with a written notice to Party B thirty (30) days before such termination. If Party A terminates the Agreement early for reasons attributable to Party B, Party B shall be obligated to compensate all the losses caused thereby to Party A and
shall pay the relevant fees for the services provided. 

  

	 	7.3	Sections 4 and 5 shall survive after the termination or expiration of this Agreement. 

 

	8.	Settlement of Disputes 

  

	 	8.1	The Parties shall strive to settle any dispute arising from the interpretation or performance in connection with this Agreement through friendly consultation. In case no
settlement can be reached through consultation, each Party can submit such matter to China International Economic and Trade Arbitration Commission (the “CIETAC”). The arbitration shall follow the then current rules of CIETAC, and
the arbitration proceedings shall be conducted in Chinese and shall take place in Beijing. The arbitration award shall be final and binding upon both Parties. This article shall not be influenced by the termination or elimination of this Agreement.

  

	 	8.2	Each Party shall continue to perform its obligations in good faith according to the provisions of this Agreement except for the matters in dispute. 

 
  

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-4-

  
  

  

	9.	Force Majeure 

  

	 	9.1	Force Majeure, which includes but is not limited to, acts of governments, acts of nature, fire, explosion, typhoon, flood, earthquake, tide, lightning, war, means any event that
is beyond the Party’s reasonable control and cannot be prevented with reasonable care. However, any shortage of credit, capital or finance shall not be regarded as an event of Force Majeure. The affected Party who is claiming to be not liable
to its failure of fulfilling this Agreement by Force Majeure shall inform the other Party, without delay, of the approaches of the performance of this Agreement by the affected Party. 

 

	 	9.2	In the event that the affected Party is delayed in or prevented from performing its obligations under this Agreement by Force Majeure, only within the scope of such delay or
prevention, the affected Party will not be responsible for any damage by reason of such a failure or delay of performance. The affected Party shall take appropriate means to minimize or remove the effects of Force Majeure and attempt to resume
performance of the obligations delayed or prevented by the event of Force Majeure. After the event of Force Majeure is removed, both Parties agree to resume performance of this Agreement with their best efforts. 

 

	10.	Notices 

 Notices or other
communications required to be given by any Party pursuant to this Agreement shall be written in English and Chinese and shall be deemed to be duly given when it is delivered personally or sent by registered mail or postage prepaid mail or by a
recognized courier service or by facsimile transmission to the address of the relevant Party or Parties set forth below. 
  

									
	 PARTY A: 1VERGE INTERNET TECHNOLOGY (BEIJING) CO., LTD

	Address	 	:	 	Section D, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China
	Fax	 		 		  	:	  	861059708818
	Tele	 		 		  	:	  	861058851881
	Addressee	 	:	 	Victor Wing Cheung Koo
	
	 PARTY B: JIAHEYI ADVERTISING (BEIJING) CO., LTD.

	Address	 	:	 	Section D, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China
	Fax	 		 		  	:	  	861059708818
	Tele	 		 		  	:	  	861058851881

  

 

			
	 Amended and Restated
 Exclusive Technical
and Consulting Services Agreement
	 	 -
 5
-

  
  

  

	11.	Assignment 

 Party B shall not assign
its rights or obligations under this Agreement to any third party without the prior written consent of Party A. Party A may transfer its rights or obligations under this Agreement to any third party without the consent of Party B, but shall inform
Party B of the above assignment. 
  

	12.	Severability 

 Any provision of this
Agreement that is invalid or unenforceable because of any inconsistency with relevant law shall be ineffective or unenforceable within such jurisdiction where the relevant law governs, without affecting in any way the remaining provisions hereof.

  

	13.	Amendment and Supplement 

 Any
amendment and supplement of this Agreement shall come into force only after a written agreement is signed by both Parties. The amendment and supplement duly executed by both Parties shall be part of this Agreement and shall have the same legal
effect as this Agreement. 
 This Agreement amends and restates the Exclusive Technical and Consulting Services Agreements entered into by
the Parties before the date of this Agreement with respect to Party A’s provision of Services to Party B for service fees (“Previous Agreements”). In the event of any discrepancy between this Agreement and any Previous
Agreement, this Agreement shall prevail to the extent of the discrepant provisions. 
  

	14.	Governing Law 

 The execution,
validity, performance and interpretation of this Agreement shall be governed by and construed in accordance with the laws of the PRC. 
  

	15.	Languages and Counterparts 

 This
Agreement is executed in Two (2) originals in English and each Party shall retain 1 original. 
 [The space below is intentionally
left blank.] 
  
  

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-6-

  
  

  
 IN WITNESS WHEREOF, the parties
hereto have caused this Agreement to be duly executed on their behalf by a duly authorized representative as of the date first written above. 
 PARTY
A: 1VERGE INTERNET TECHNOLOGY (BEIJING) CO., LTD. 
 (Company Seal) 
  

			
	By:	 	 /s/ Victor Wing Cheung Koo

	Authorized Representative: Victor Wing Cheung Koo

 PARTY B: JIAHEYI ADVERTISING (BEIJING) CO., LTD. 
 (Company Seal) 

 

			
	By:	 	 /s/ Qin Qiong

	Authorized Representative: QIN QIONG

  

 

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-7-

  
  

  
 APPENDIX 1: THE LIST OF
TECHNICAL AND CONSULTING SERVICES 
 Party A shall provide technical and consulting services as follows (to the extent permitted under applicable PRC
laws and regulations): 
  

	1.	maintenance of office internal computers and networking equipment and, if requested by Party B, rental of such equipment as determined by Party A in its sole discretion;

  

	2.	design and implementation of the integrated structure of the network of online advertisements; 

 

	3.	development and test of new online advertisement products; 

  

	4.	marketing plan of new online advertisement products; 

  

	5.	conception, creation, design, update and maintenance of the web pages-based advertising products; 

 

	6.	maintenance of the client’s online advertisements system; 

  

	7.	training of management personnel and employees; 

  

	8.	technical support services for finance, accounting, human resources and administration, including performing online advertising technology-related financial analysis, developing
budgetary and forecasting techniques, and evaluating service providers and partners for purposes of achieving operational efficiency; 

  

	9.	consulting services for advertising-related operations, business development, sales and planning, market research, data collection and analysis; 

 

	10.	collection of information on Party B’s competitors and providing Party B of all with information on relevant events related to competitors; 

 

	11.	providing Party B with relevant updates regarding developments related to competitors’ businesses; 

 

	12.	public relations services 

  

 

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-8-

  
  

  
 APPENDIX 2: CALCULATION
AND PAYMENT OF THE FEE FOR TECHNICAL AND CONSULTING SERVICES 
 During the term of this Agreement, the service fee payable by Party B to Party A for
services rendered according to Appendix 1 shall be a fee in RMB determined by the following formula: 
 Service Fee Payable = Party B’s Revenue
– Turnover Taxes – Party B’s Total Costs – Profit to be Retained by Party B; 
 Where: 

 

	•	 	 Party B’s Revenue is revenue received by Party B from third parties in the course of its ordinary business; 

 

	•	 	 Turnover Taxes include, but are not limited to, business tax, value-added tax, urban maintenance and construction tax and education surcharges;

  

	•	 	 Party B’s Total Costs include all costs and expenses, such as costs of goods sold and operating costs incurred by Party B for carrying out the business; and

  

	•	 	 Profit to be Retained by Party B shall be determined by a reputable certified public accountant designated by Party A. 

During the term of this Agreement, Party A shall have the right to adjust the above Fees at its sole discretion without the consent of Party B. 

 
  

			
	 Amended and Restated

Exclusive Technical and Consulting Services Agreement
	 	-9-Amended and Restated Trademark License Agreement, dated as of August 16, 2010

  
 Exhibit 10.13 

 
  
 AMENDED AND RESTATED 
 TRADEMARK LICENSE AGREEMENT 

This Amended and Restated Trademark License Agreement (the “Agreement”) entered in Beijing the People’s Republic of China (the
“PRC”, excluding the Hong Kong Special Administrative Region, the Macao Special Administrative Region and Taiwan, for the purposes of this Agreement), dated August 16, 2010, by and between 

 

	(1)	The Licensor: 1VERGE INTERNET TECHNOLOGY (BEIJING) CO., LTD 

 Legal Address: Section D, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China 

Legal Representative: Victor Wing Cheung Koo 

and 
  

	(2)	The Licensee: 1VERGE INFORMATION TECHNOLOGY (BEIJING) CO., LTD.  

 Legal Address: Section A &C, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China 
 Legal Representative: QIN Qiong 
 WHEREAS: 

 

	A.	The Licensor, a wholly foreign-owned enterprise registered in Beijing under the laws of the PRC, is the exclusive owner of the trademarks listed in the Exhibit 1 of this
Agreement (the “Trademarks”); 

  

	B.	The Licensee, a limited liability company registered in Beijing under the laws of the PRC, is licensed to engage in the business of providing Internet content and related
services; 

  

	C.	The Licensor agrees to license the Trademarks to the Licensee in accordance with the terms and conditions set forth herein and the Licensee agrees to accept the license on the
terms and conditions set forth herein; 

 NOW THEREFORE, on the basis of mutual benefit and friendly negotiation, the parties agree
as follows: 
  

	1A.	EFFECTIVE DATE 

 This Agreement shall be effective from
August 16, 2010 (“Effective Date”). 
  

	1.	Grant of License 

  

	 	1.1	The Trademarks 

 Under the terms and conditions
hereinafter set forth, the Licensor hereby grants to the Licensee and the Licensee accepts from the Licensor, a non-exclusive and nontransferable license, without sublicense rights, to use parts of or all of the Trademarks listed in Exhibit 1, in
the Licensee’s operations in the PRC. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-1-	 	

  
  

  

	 	1.2	Scope 

  

	 	1.2.1	The use of the Trademarks granted by the Licensor to the Licensee extends to Licensee’s own business operations. The Licensee agrees that it will not make, or authorize, any
direct or indirect use of the Trademarks other than for its own business, unless otherwise stipulated in this agreement. The Licensee agrees that it will not directly or indirectly sublicense the Trademarks to any others without Licensor’s
prior written approval. 

  

	 	1.2.2	The License in this Agreement is effective in the PRC and other territories where the Licensor may grant the Licensee in writing from time to time(“Licensed
Territory”). The Licensee agrees that it will not make, or authorize, any direct or indirect use of the Trademarks in any regions other than the Licensed Territory. 

 

	 	1.3	Licensee’s confirmation 

 The Licensee confirms
that it does not have any rights, titles or interests of the Trademarks except the rights, titles and interests provided for under this Agreement. 
  

	 	1.4	Prohibitions 

 Licensee undertakes that, at any time
either during or after the Term, it shall not: 
  

	 	1.4.1	commit any act which affects the rights of Licensor in relation to any of the Trademarks; or 

 

	 	1.4.2	apply for the registration of any of the Trademarks or any similar trademark in any country or region in the world. 

 

	2.	Payment 

 The Licensee agrees to pay to
the Licensor license fees determined in accordance with the calculation method and the form of payment are set forth in Exhibit 2. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-2-	 	

  
  

  

	3.	Goodwill 

 The Licensee recognizes the
value of the goodwill associated with the Trademarks and the relevant rights, and acknowledges that the Trademarks and goodwill (including but not limited to the goodwill deriving from the Licensee’s use) pertaining thereto shall be the sole
and exclusive property of the Licensor. 
  

	4.	Confidentiality 

  

	 	4.1	The Licensee shall protect and maintain the confidentiality of any and all confidential data and information acknowledged or received by the Licensee by accepting licensing of
the Trademarks from the Licensor (collectively the “Confidential Information”). Upon termination or expiration of this Agreement, the Licensee shall, at the Licensor’s option, return all and any documents, information or software
contained any of such Confidential Information to the Licensor or destroy it and delete such Confidential Information from any electronic devices. The Licensee shall not disclose, grant or transfer any Confidential Information to any third party and
will not use the Confidential Information without the Licensor’s written consent. Licensee shall disclose the Confidential Information to the necessary employees, agents or consultants using measures reasonably calculated to ensure the security
of the Confidential Information , and shall urge the necessary employees, agents or consultants to observe the obligations under this Agreement. 

  

	 	4.2	The above limitations shall not apply to the situations as follows: 

  

	 	4.2.1	The Confidential Information has become available to the public and such availability was not due to the Licensee’s disclosure of it; 

 

	 	4.2.2	The Licensee acquired the Confidential Information directly or indirectly from other sources before receiving it from the Licensor; 

 

	 	4.2.3	Where the Confidential Information is required by law to be disclosed, or, based on general operational needs, should be disclosed to legal or financial advisors.

  

	 	4.3	This Article 4 shall survive the termination, rescinding or modification of this agreement. 

 

	 	4.4	With the consent of both parties, Article 4 shall survive any amendment, expiration or termination of this Agreement. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-3-	 	

  
  

  

	5.	Representations and Warranties 

  

	 	5.1	The Licensor represents and warrants as follows: 

  

	 	5.1.1	the Licensor is a company duly registered and in good standing under the applicable laws of the PRC; 

 

	 	5.1.2	the Licensor, subject to its business scope, has full right, power, authority and capacity and all necessary consents and approvals of any third party and government authorities
to execute and perform this Agreement, which shall not be against any enforceable and effective laws or contracts; 

  

	 	5.1.3	upon its execution, this Agreement will constitute a legal, valid and binding agreement of the Licensor and will be enforceable against the Licensor in accordance with its terms;

  

	 	5.1.4	the Licensor is the exclusive owner of the Trademarks 

  

	 	5.2	The Licensee represents and warrants as follows: 

  

	 	5.2.1	the Licensee is a company duly registered and in good standing under the applicable laws of the PRC, and is approved by the relevant authorities to provide the internet
information services and the value-added telecom service; 

  

	 	5.2.2	the Licensee, subject to its business scope, has full right, power, authority and capacity and all necessary consents and approvals of any third party and government authorities
to execute and perform this Agreement, which shall not be against any enforceable and effective laws or contracts; 

  

	 	5.2.3	the Licensee will not use or authorize to use any trademarks or symbols, which the Licensor judges by itself, are similar to the Trademarks and to make confusion.

  

	 	5.2.4	the Agreement will constitute a legal, valid and binding agreement of the Licensee and will be enforceable against the Licensee in accordance with its terms upon its execution.

  

	6.	The Licensee further represents and warrants as follows 

  

	 	6.1	The Licensee agrees that it will not, during the term of this Agreement, or thereafter, attack the rights of Licensing or any rights of the Licensor in and to the Trademarks or
attack the validity of this Agreement, or otherwise take or fail to take any action that impairs such rights or license. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-4-	 	

  
  

  

	 	6.2	The Licensee agrees to assist the Licensor to the extent necessary in the procurement of any protection or to protect any of the Licensor’s rights to the Trademarks. In the
event any third party lodges a claim concerning the Trademarks, the Licensor, if it so desires, may commence or prosecute any claims or lawsuits in its own name or in the name of the Licensee or join the Licensee as a party thereto. In the event any
third party infringes on the above mention Trademarks, the Licensee shall notify the Licensor in writing of any infringements, or imitation by others of the Trademarks which may come to the Licensee’s attention, and the Licensor shall have the
sole right to determine whether or not any action shall be taken on account of any such infringements. 

  

	 	6.3	The Licensee further agrees to use the Trademarks only in accordance with this Agreement and shall not use the Trademarks in any way that, in the opinion of the Licensor, is
deceptive, misleading or in any way damaging to such Trademarks or the reputation of the Licensor. 

  

	7.	Quality 

 The Licensee shall use its
best efforts to ensure that its operations protect and enhance the reputation of the Trademarks. 
  

	8.	Promotion Material 

 In all cases where
the Licensee makes promotion material involving the Trademarks, the production costs of such material thereof shall be borne by the Licensee. All copyrights or other intellectual property rights of such material concerning the Trademarks thereto
shall be the sole and exclusive property of the Licensor whether developed by the Licensor or the Licensee. 
 The Licensee agrees not to
advertise or publicize any of the Trademarks on radio, television, papers, magazines, the Internet without the prior written consent of the Licensor. 
  

	9.	Effective Date and Term 

  

	 	9.1	This Agreement has been duly executed when it is duly signed by an authorized representative of each party and shall be effective as of the Effective Date. The term of this
Agreement is 10 (ten) years unless earlier terminated as set forth in this Agreement. 

  

	 	9.2	Unless any other provisions set forth in written form, this Agreement shall be applicable to any other trademarks licensed to the Licensee within the term of this Agreement.
After the execution of this Agreement, the Licensor and Licensee shall review this Agreement every 3 months to determine whether to make any amendment or supplement to this Agreement. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-5-	 	

  
  

  

	 	9.3	This Agreement shall be extended for 10 (ten) years upon agreement of both parties. 

 

	10.	Record Filing 

 Within 3(three) months
upon the execution of this agreement, both parties shall, in compliance with the law of China, make a record filing of the copy of the Agreement to the Trademark Office. Both parties agree to execute or furnish the relevant documents required in
line with the principal hereof and relevant laws. 
  

	11.	Termination 

  

	 	11.1	This Agreement shall expire on the date due or the date when the Licensor’s right of ownership terminates unless this Agreement is extended as set forth above.

  

	 	11.2	Without prejudice to any legal or other rights or remedies of the party that requests for termination of this Agreement, any party has the right to terminate this Agreement
immediately with written notice to the other party in the event the other party materially breaches this Agreement including without limitation to Sections 6.1, 6.2 and 6.3 of this Agreement and fails to cure its breach within 30 days from the date
it receives written notice of its breach from the non-breaching party. 

  

	 	11.3	During the term of this Agreement, the Licensor may terminate this Agreement at any time with a written notice to the Licensee 30 days before such termination. The Licensee shall
not terminate this Agreement in prior. 

  

	 	11.4	Article 3, 4, 6, 15 and 16 shall survive after the termination or expiration of this Agreement. 

 

	12.	Force Majeure 

  

	 	12.1	Force Majeure means any event that is beyond the party’s reasonable control and cannot be prevented with reasonable care including but not limited to the acts of
governments, nature, fire, explosion, typhoon, flood, earthquake, tide, lightning and war. However, any shortage of credit, capital or finance shall not be regarded as an event of Force Majeure. The party affected by Force Majeure shall notify the
other party without delay. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-6-	 	

  
  

  

	 	12.2	In the event that the affected party is delayed in or prevented from performing its obligations under this Agreement by Force Majeure, only within the scope of such delay or
prevention, the affected party will not be responsible for any damage by reason of such a failure or delay of performance. The affected party shall take appropriate measures to minimize or remove the effects of Force Majeure and attempt to resume
performance of the obligations delayed or prevented by the event of Force Majeure, and the affected party will not be responsible to such performance and will only be responsible to the delayed parts of performance. After the event of Force Majeure
is removed, both parties agree to resume the performance of this Agreement with their best efforts. 

  

	13.	Notices 

 Notice or other
communications required to be given by any party pursuant to this Agreement shall be written in English and Chinese and shall be deemed to be duly given when it is delivered personally or sent by registered mail or postage prepaid mail or by a
recognized courier service or by facsimile transmission to the address set forth below. 
  

					
	The Licensor	 	:	 	1VERGE INTERNET TECHNOLOGY (BEIJING) CO., LTD.
	Address	 	:	 	 Section D, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China

	Fax	 	:	 	 861059708818

	Tele	 	:	 	 861058851881

	Addressee	 	:	 	 Victor Koo

			
	The Licensee	 	:	 	1VERGE INFORMATION TECHNOLOGY (BEIJING) CO., LTD.
	Address	 	:	 	 Section A&C, 5/F, SinoSteel Plaza, No 8, Haidian Street, Haidian District, Beijing, China

	Fax	 	:	 	 861059708818

	Tele	 	:	 	 861058851881

	Addressee	 	:	 	 QIN Qiong

  

	14.	Re-Transfer, Re-License 

 This
agreement and all the rights and duties hereunder are personal to the Licensee. The Licensee agrees that it will not assign, lease or pledge to any third party without the written consent of the Licensor. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-7-	 	

  
  

  

	15.	Settlement Of Disputes 

  

	 	15.1	The parties shall strive to settle any disputes arising from the interpretation or performance of this Agreement through negotiations in good faith. In the event that no
settlement can be reached through negotiation within 30 days after one party issues a negotiating notice, either party may submit such matter to China International Economic and Trade Arbitration Commission (the “CIETAC”). The arbitration
shall follow the current rules of CIETAC, and the arbitration proceedings shall be conducted in Chinese and shall take place in Beijing. The arbitration award shall be final and binding upon the parties and shall be enforceable in accordance with
its terms. 

  

	 	15.2	Except for the issue under dispute, all parties shall perform their own duties under the Agreement in good faith. 

 

	16.	Applicable Law 

 The execution,
validity, performance, interpretation and any disputes in respect of this Agreement shall be governed and construed by the laws of the PRC. 
  

	17.	Amendment And Supplement 

 Any
amendment and supplement of this Agreement shall come into force only after a written agreement is signed by both parties. The amendment and supplement duly executed by both parties shall be part of this Agreement and shall have the same legal
effect as this Agreement. 
 This Agreement amends and restates the Trademark License Agreements entered into by the Parties in March 2006
and November 2007, respectively (“Previous Agreements”). In the event of any discrepancy between this Agreement and any Previous Agreement, this Agreement shall prevail to the extent of the discrepant provisions. 

 

	18.	Entire Agreement 

 This Agreement and
all the agreements and/or documents referenced or specifically included herein constitute the entire agreement among the parties in respect of the subject matter hereof and supersede all prior oral or written agreements, contract, understanding and
correspondence among them. 
  

	19.	Severability 

 Any provision of this
Agreement that is invalid or unenforceable due to the violation of relevant laws in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such invalidity or unenforceability, without affecting in any way the remaining
provisions hereof. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-8-	 	

  
  

  

	20.	Waiver 

 Any waiver of any rights,
powers, or privileges under this Agreement shall not be deemed as a waiver of those rights, powers or privileges hereunder in the future or any other rights, powers or privileges hereunder then or in the future. Any whole or partial performance of
any rights, powers, or privileges hereunder shall not exclude the performance of any other rights, power, or privileges hereunder. 
  

	21.	Exhibits 

 The Exhibits referred to in
this Agreement are an integral part of this Agreement and have the same legal effect as this Agreement. 
 [The space below is
intentionally left blank.] 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-9-	 	

  
  

  
 IN WITNESS WHEREOF, the parties
hereto have caused this Agreement to be duly executed on their behalf by a duly authorized representative as of the date first written above. 
 The
Licensor: 1VERGE INTERNET TECHNOLOGY (BEIJING) CO., LTD. 
 (Company Seal) 

 

			
	By:	 	 /s/ Victor Wing Cheung Koo

	Authorized Representative: Victor Wing Cheung Koo

 The Licensee: 1VERGE INFORMATION TECHNOLOGY (BEIJING) CO., LTD. 
 (Company Seal) 

 

			
	By:	 	 /s/ Qin Qiong

	Authorized Representative: QIN Qiong                     
 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-10-	 	

  
  

  
 EXHIBIT 1

 LIST OF LICENSED TRADEMARKS 
  

									
				
	
 

  
	  	
 

  
	  	

  
	  	

  
	 
				
	1	  	

	  	41	  	 	5236725	  
				
	2	  	

	  	41	  	 	5801740	  
				
	3	  	

	  	41	  	 	5939386	  
				
	4	  	

	  	36	  	 	6886294	  
				
	5	  	

	  	34	  	 	6886295	  
				
	6	  	

	  	21	  	 	6886296	  
				
	7	  	

	  	20	  	 	6886297	  
				
	8	  	

	  	15	  	 	6886298	  
				
	9	  	

	  	12	  	 	6886300	  

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-11-	 	

  
  

  
 EXHIBIT 2

 CALCULATION METHOD AND FORM OF PAYMENT OF LICENSE FEE 
 The license fee under this Agreement shall be 5% of the total revenue of the Licensee. The license fee shall be paid every quarter within 15 days after the end of the quarter. If the Licensor considers it is
helpful to the business of Licensee, the Licensor may reduce or exempt from payment any whole or part of the license fee. 

  
  

					
	Amended and Restated	 		 	
	Trademark License Agreement	 	-12-

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