Share Disposition Agreement
This Share Disposition Agreement (hereinafter referred to as this “ Agreement ”) is entered into on this 1 st day
of July, 2008 in Shanghai, the People’s Republic of China (the “PRC”) by and among:
Shengqu Information Technology (Shanghai) Co., Ltd. , located at No. 356 Guoshoujing Road, Zhangjiang
Hi-Tech Park, Shanghai, hereinafter referred to as “ Party A ”; and
Wang Dong-xu (ID Card No.: [***] ), whose residence locates at [***] , hereinafter referred to as “ Party B
Zhang Ying-feng (ID Card No.: [***] ), whose residence locates at [***] , hereinafter referred to as “ Party C
Shanghai Shulong Technology Development Co., Ltd. , located at No. 690 Bibo Road, Zhangjiang Hi-Tech
Park, Shanghai, hereinafter referred to as “ Party D ”.
Party A, Party B, Party C and Party D may hereinafter collectively be referred to as the “ Parties ” and,
individually, as the “ Party ”.
NOW THEREFORE , In consideration of the security of the pledge rights, and of Party A’s technical supports
to Party D and good cooperation relationship among the Parties, it is hereby agreed as follows:
1. Party A is a wholly foreign-owned enterprise incorporated and existing in the PRC according to law;
2. Party D is a limited liability company incorporated and existing in the PRC;
3. Party B and Party C are shareholders of Party D (hereinafter collectively referred to as the “ Principals ”);
4. Party A has entered into the Share Pledge Agreement with Party B and Party C, according to which Party B
and Party C shall secure the performance of Party D’s obligations under the Exclusive Consulting and
Service Agreement by and between Party D and Party A.
1. Granting of Option
1.1 Unless otherwise disclosed to and agreed by Party A expressly in writing, the Parties have agreed that
Party A has the exclusive option from the date when this Agreement comes to effect. Subject to this
Agreement, Party A or any third party de