Document:

AGREEMENT
TO ISSUE SHARES 

 

THIS Agreement is entered into on
8 July 2011

 

Among

 

Haijuan Xu, whose address is Room
802, Block D, Hairun International Apartments, Jiangtai Road, Chaoyang District, Beijing ("Ms. Xu");

 

And

 

Le Wang Limited (“Le Wang”),
a company incorporated in the BVI and majority controlled by Ms. Xu, and having its principal office at Unit 202, 2/F, Malaysia
Building, 50 Gloucester Road, Wanchai, Hong Kong;

 

And

 

Beijing Lianhe Chuangxiang Advertising
Co., Ltd. (北京联合创想广告有限公司)
(the "Company"), a limited liability company incorporated under the laws of the PRC and having its registered
office at Unit 1211-2, Great Wall Building, 22 Shijingshan Road, Shijingshan District, Beijing,
and beneficially controlled by Ms. Haijuan Xu;

 

And

 

Galaxy Strategy & Communications
(Beijing) Management Co., Ltd. (北京银河星系管理咨询有限公司),
a wholly-foreign owned company incorporated under the laws of the PRC, and is 100% owned, indirectly, by Galaxy Strategy &
Communications Inc. through its Hong Kong subsidiary, Strategy & Communications (Hong Kong) Group Limited;

 

And

 

Galaxy Strategy & Communications
Inc., a company incorporated in the BVI and having its principal office at Unit 202, 2/F, Malaysia Building, 50 Gloucester
Road, Wanchai, Hong Kong ("GSC").

 

WHEREAS:

 

A.           The
Company has signed a set of agreements including Exclusive Consulting Services Agreement, Equity Pledge Agreement, Letter of Authorisation,
and Agreement for Exclusive Purchase Right, all being entered into on 8 July 2011 between and among the Company, Ms. Xu and 北京银河星系管理咨询有限公司,
(the "VIE Agreements"), pursuant to which Ms. Xu effectively transfers both the control and economic interests
in the Company to GSC and its controlled affiliates. In addition, Ms. Xu also entered into a Deed for Non-competition Undertaking
in favour of the Company and GSC and its controlled affiliates

 

B.          It
is a condition of the closing of the transactions contemplated by the VIE Agreements that this Agreement be executed.

 

    	 

    	 

    

 

C.           GSC
is quoted on the OTC BB market and its designated price is US$2.5 per share.

 

D.           The
Company has projected net income after tax of RMB$1.03 million (equivalent of approximately US$159,500) for the year of 2011.

 

NOW, THEREFORE, in
consideration of the foregoing and the representations, warranties, covenants and agreements herein contained and other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:

 

		1.	New shares to issue. GSC will issue to Le Wang 230,400 shares upon signing of this Agreement
and completion of certain due diligence of the Company, to be conducted by北京银河星系管理咨询有限公司.
Upon issuance 115,200 shares will be released immediately to Le Wang, whilst the remaining 115,200 shares shall remain in an escrow
account designated by GSC, until released to Le Wang as approved by GSC upon the Company achieving certain earnings targets as
provided in clause 3 below.

 

		2.	Lock-up. Ms. Xu and Le Wang agree that they will not sell, transfer, dispose of or create
an encumbrance (including any option, right to acquire, right of pre-emption, mortgage, charge, pledge, lien, or any other security
or any equity or restriction) on any of their shares of GSC without the prior written consent of GSC, until after thirty-six (36)
months after the issuance of such shares.

 

		3.	Claw-back. If the Company fails to achieve net
income of RMB1.03 million, RMB1.03 million and RMB1.04 million, respectively, under IFRS as audited by an accounting firm approved
by GSC for each of fiscal years 2011, 2012 and 2013, Le Wang shall immediately return 38,000, 38,000 and 39,200 shares to GSC
for cancellation for each of 2011, 2012 and 2013, respectively.

 

		4.	Certain conditions. The above new shares to be issued under clause 1, 2, and 3 are subject
to certain conditions and good standing terms as the follows:

 

		(a)	the Company’s business should be in good standing
with all applicable legal and regulatory terms, and the Company shall maintain its business licenses and permits, and its ability
to conduct advertising services should not be materially adversely affected during the said period;

 

		(b)	the Company should retain its key clients and customers, and shall not encounter serious loss of
clients;

 

		(c)	the Company should retain its key employee teams and related capabilities, and shall not encounter
serious loss of service capabilities and key employees unless such loss is replaced with equal quality within short period.

 

		5.	Governing Law and Jurisdiction. This Agreement shall be governed by and construed in accordance
with the laws of Hong Kong and the parties hereby irrevocably submit to the non-exclusive jurisdiction of the Hong Kong courts.

 

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IN WITNESS WHEREOF this Agreement
has been executed in five (5) copies by or on behalf of the parties hereto on day and year first above written.

 

	SIGNED	 
	By Haijuan Xu	 
	 	 
	/s/ Haijuan Xu  	 
	Signature	 

 

	Le Wang Limited	 
	 	 	 
	By:	/s/ Haijuan Xu	 
	Authorised Signature	 
	Name:  Haijuan Xu	 
	Title:	 

 

	Beijing Lianhe Chuangxiang Advertising Co., Ltd.	 
	 	 	 
	By:	/s/ Haijuan Xu	 
	Authorised Signature	 
	Name: Haijuan Xu	 
	Title:	 
	 	 
	Galaxy Strategy & Communications

(Beijing) Management Co., Ltd.	 
	 	 	 
	By:	/s/ Qiang Wu	 
	Authorised Signature	 
	Name:  Qiang Wu	 
	Title:	 
	 	 
	Galaxy Strategy & Communications Inc.	 
	 	 	 
	By:	/s/ Qiang Wu	 
	Authorised Signature	 
	Name:  Qiang Wu	 
	Title:	 

 

    	2DEED OF
NON-COMPETITION UNDERTAKING 

 

THIS DEED is entered into on 8 July
2011

 

BY

 

Ms. Haijuan Xu, whose address is
Room 802, Block D, Hairun International Apartments, Jiangtai Road, Chaoyang District, Beijing (the "Subject"),

 

IN FAVOUR OF 

 

Beijing Lianhe Chuangxiang Advertising
Co., Ltd. (北京联合创想广告有限公司)
(the "Company"), a limited liability company incorporated under the laws of the PRC and having its registered
office at Unit 1211-2, Great Wall Building, 22 Shijingshan Road, Shijingshan District, Beijing,
and beneficially controlled by Ms. Haijuan Xu;

 

AND

 

Strategy & Communications (Hong
Kong) Group Limited (策略及传播(香港)集团公司),
a company incorporated in Hong Kong and having its principal office at Unit 202, 2/F, Malaysia Building, 50 Gloucester Road, Wanchai,
Hong Kong (the "SCG").

 

WHEREAS:

 

A.          All
of the Company has or will be beneficially acquired by SCG pursuant to the set of agreements including Exclusive Consulting Services
Agreement, Equity Pledge Agreement, Letter of Authorisation, and Agreement for Exclusive Purchase Right, all being entered into
on 8 July 2011 between and among the Company, Haijuan Xu and SCG’s controlled affiliate (the "VIE Agreements").

 

B.           It
is a condition of the closing of the transactions contemplated by the VIE Agreements that the Subject execute and deliver this
Deed.

 

THIS DEED WITNESSES as follows:

 

		1.	Definitions. In this Deed the following words shall have the following meanings:

 

"Affiliates"
of a Person means any other Person that, directly or indirectly, through one or more intermediaries, Controls, is Controlled by,
or is under common Control with, such Person or, in the case of a natural Person, such Person’s spouse, parents and descendants
(whether by blood or adoption and including stepchildren);

 

"Client" means
an individual or entity to whom any member of the Company has provided any services or products in respect of the businesses of
the Company as at the date of this Deed or at any time during the Non-Compete Period;

 

    	 

    	 

    

 

"Control", "Controls",
"Controlled" (or any correlative term) means the possession, directly or indirectly, of the power to direct or
cause the direction of the management of a Person, whether through the ownership of voting securities, by contract, credit arrangement
or proxy, as trustee, executor, agent or otherwise. For the purpose of this definition, a Person shall be deemed to Control another
Person if such first Person, directly or indirectly, owns or holds more than 50% of the voting equity interests in such other Person;

 

"Group" means
the Company and SCG and any of their subsidiaries and Affiliates;

 

"Person" or
"Persons" means any natural person, corporation, company, association, partnership, organization, business, firm,
joint venture, trust, unincorporated organization or any other entity or organization, and shall include any governmental authority;
and

 

"Subject’s Interest"
means any interest that the Subject holds or has held in the equity of the Company.

 

		2.	Non Competition. The Subject hereby agrees that she shall remain in her current position
within the Company for 5 years following this agreement, and (without the written consent of the Company and SCG) for the period
of ten (10) years from the later of the date hereof and the date the Subject is no longer employed by the Company (the "Relevant
Date") (the "Non-Compete Period"), neither she nor any of her Affiliates will:

 

		(a)	either on her own account or through any of her Affiliates, or in conjunction with or on behalf
of any other person, own or be engaged, concerned or interested directly or indirectly whether as shareholder, director, employee,
partner, agent or otherwise carry on any business in direct competition with the businesses of the Group or any of its Affiliates
as at the Relevant Date; and

 

		(b)	either on her own account or through any of her Affiliates
or in conjunction with or on behalf of any other Person, employ, solicit or entice away or attempt to employ, solicit or entice
away from any member of the Group or its Affiliates who is or shall have been at the date of or within twelve (12) months prior
to such cessation a director, officer, legal representative, manager or employee of the Group or any of its Affiliates whether
or not such person would commit a breach of contract by reason of leaving such employment.

 

		3.	Nonsolicitation of Clients. During the Non-Compete
Period, the Subject shall not, other than in connection with her employment with and for the benefit of SCG, directly or indirectly,
either individually or as a principal, partner, member, manager, agent, employee, employer, consultant, independent contractor,
stockholder, joint venturer or investor, or as a director or officer of any corporation, limited liability company, partnership
or other entity, or in any other manner or capacity whatsoever, 

 

		(a)	solicit or divert or attempt to solicit or divert from
the Group or any of its Affiliates any business with any Client;

 

		(b)	solicit or divert or attempt to solicit or divert from the Group any business with any person or
entity who was being solicited as a Client by the Group;

 

 

    	1

    	 

    

 

		(c)	induce or cause, or attempt to induce or cause, any salesperson, supplier, vendor, representative,
independent contractor, broker, agent or other person transacting business with any member of the Group to terminate or modify
such relationship or association or to represent, distribute or sell services or products in competition with services or products
of the Group; or

 

		(d)	otherwise provide any services or products to any Client that are or have been provided by any
member of the Group.

 

		4.	Separate Obligations. Each and every obligation
under Clauses 2 and 3 shall be treated as a separate obligation and shall be severally enforceable as such and in the event of
any obligation or obligations being or becoming unenforceable in whole or in part such part or parts as are unenforceable shall
be deleted from Clauses 2 or 3 and any such deletion shall not affect the enforceability of all such parts of Clauses 2 and 3
as remain not so deleted.

		5.	Reasonableness. While the restrictions contained
in Clauses 2 and 3 are considered by the parties to be reasonable in all the circumstances, it is recognised that restrictions
of the nature in question may fail for technical reasons unforeseen and accordingly it is hereby agreed and declared that if any
of such restrictions shall be adjudged to be void as going beyond what is reasonable in all the circumstances for the protection
of the interests of the Group but would be valid if part of the wording thereof were deleted or the periods thereof reduced or
the range of activities or area dealt with thereby reduced in scope the said restriction shall apply with such modifications as
may be necessary to make it valid and effective.

 

		6.	Equitable Relief. The Parties agree that Company’s
rights under this Deed are special and unique, and that any violation thereof by the Subject would not be adequately compensated
by money damages, and the Subject hereby grants to any relevant Person the right to specifically enforce (including injunctive
relief or analogous proceedings) the terms of this Deed. In any proceeding, in equity or law, the Subject specifically waives
any defense that there is an adequate remedy at law for any violations of the terms of this Deed.

 

		7.	Release. The Subject hereby irrevocably, unconditionally
and absolutely releases (i) the Company and SCG, (ii) the transferee of the Subject’s Interest and (iii) any subsequent
holder of title of any part of the Subject’s Interest, of any liabilities, past, present or future of any nature and howsoever
arising in connection with the transfer of the Subject’s Interest to any third party.

 

		8.	Governing Law and Jurisdiction. This Deed shall
be governed by and construed in accordance with the laws of Hong Kong and the parties hereby irrevocably submit to the non-exclusive
jurisdiction of the Hong Kong courts.

 

IN WITNESS WHEREOF this instrument
has been executed in three (3) copies and delivered as a deed by the Subject on day and year first above written.

 

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	SIGNED, SEALED AND DELIVERED	)	 
	By: /s/ Haijuan Xu	)	 
	in the presence of:	)	(seal)
	 	)	 
	 	)	 
	Signature of Witness	)	 
	 	)	 
	 	)	 
	Name of Witness	)	 
	 	)	 
	 	)	 
	 	)	 

  

	Beijing Lianhe Chuangxiang Advertising Co., Ltd.	 
	 	 	 
	By:	/s/ Haijuan Xu	 
	Authorised Signature	 
	 	 
	Strategy & Communications (Hong Kong) Group Limited

(策略及传播(香港)集团公司)	 
	 	 
	/s/ Qiang Wu	 
	Authorised Signature	 
	 	 

 

    	3

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